SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 23rd, 2014 • Hangover Joe's Holding Corp • Land subdividers & developers (no cemeteries) • New York
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of May 28, 2014, by and between HANGOVER JOE'S HOLDING CORPORATION, a Colorado corporation, with headquarters located at 9457 S. University #349, Highlands Ranch, CO 80126 (the “Company”), and KBM WORLDWIDE, INC., a New York corporation, with its address at 80 Cuttermill, Suite 410, Great Neck, NY 11021 (the “Buyer”).
NEITHER THIS NOTE NOR THE SECURITIES INTO WHICH THIS NOTE IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE. THESE SECURITIES HAVE BEEN SOLD IN RELIANCE UPON AN EXEMPTION FROM...Convertible Note • June 23rd, 2014 • Hangover Joe's Holding Corp • Land subdividers & developers (no cemeteries) • California
FOR VALUE RECEIVED, Hangover Joe’s Holding Corporation, a Colorado corporation (the "Company"), hereby promises to pay to the order of Black Mountain Equities, Inc. or registered assigns (the "Holder") the amount set out above as the Original Principal Amount (as reduced pursuant to the terms hereof pursuant to redemption, conversion or otherwise, the "Principal") when due, whether upon the Maturity Date (as defined below), acceleration, redemption or otherwise (in each case in accordance with the terms hereof) and to pay interest ("Interest") on any outstanding Principal at the applicable Interest Rate from the date set out above as the Issuance Date (the "Issuance Date") until the same becomes due and payable, upon the Maturity Date or acceleration, conversion, redemption or otherwise (in each case in accordance with the terms hereof).
12% CONVERTIBLE NOTE Maturity date of May 21, 2014Note • June 23rd, 2014 • Hangover Joe's Holding Corp • Land subdividers & developers (no cemeteries) • Texas
FOR VALUE RECEIVED, Hangover Joe's Holding Corp., a Colorado Corporation (the "Company") doing business in Highlands Ranch, CO, hereby promises to pay to the order of JSJ Investments Inc., an accredited investor and Texas Corporation, or its assigns (the "Holder") the principal amount of Fifty Thousand Dollars ($50,000), on demand of the Holder (the "Maturity Date"), and to pay interest on the unpaid principal balance hereof at the rate of Twelve Percent (12%) per annum (the "Interest Rate") from the date hereof (the "Issue Date") until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise; provided, that any amount of principal or interest on this Note which is not paid when due shall bear interest at such rate on the unpaid principal balance hereof plus the Default Amount (as defined in Article 7, infra) from the due date thereof until the same is paid in full. Interest shall commence accruing on the Issuance Date, shall be computed
