SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 23rd, 2008 • Southwest Casino Corp • Services-amusement & recreation services • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of June 17, 2008, between Southwest Casino Corporation, a Nevada corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
COMMON STOCK PURCHASE WARRANT SOUTHWEST CASINO CORPORATIONSecurity Agreement • June 23rd, 2008 • Southwest Casino Corp • Services-amusement & recreation services
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the five year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Southwest Casino Corporation, a Nevada corporation (the “Company”), up to shares (the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
FORM OF LOCK-UP AGREEMENTLock-Up Agreement • June 23rd, 2008 • Southwest Casino Corp • Services-amusement & recreation services • Utah
Re: Securities Purchase Agreement, dated as of May 30, 2008 (the “Purchase Agreement”), between Southwest Casino Corporation, a Nevada corporation (the “Company”) and the purchasers signatory thereto (each, a “Purchaser” and, collectively, the “Purchasers”)
