COMMON STOCK PURCHASE WARRANT ECO BUILDING PRODUCTS INC.Security Agreement • October 7th, 2014 • ECO Building Products, Inc. • Retail-nonstore retailers
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, M2B Funding Corporation or its assigns (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 September 16, 2015 (the “Initial Exercise Date”) and on or prior to the close of business on the fifth year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Eco Building Products Inc., a Colorado corporation (the “Company”), up to 400,000,000 shares (as subject to adjustment hereunder, 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).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • October 7th, 2014 • ECO Building Products, Inc. • Retail-nonstore retailers • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of September 16, 2014, between Eco Building Products Inc., a Colorado corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
10% ORIGINAL ISSUE DISCOUNT SENIOR SECURED CONVERTIBLE PROMISSORY NOTE DUE SEPTEMBER 16, 2015Convertible Security Agreement • October 7th, 2014 • ECO Building Products, Inc. • Retail-nonstore retailers • New York
THIS 10% Original ISSUE DISCOUNT SENIOR SECURED CONVERTIBLE PROMISSORY NOTE is a duly authorized and validly issued 10% Original Issue Discount Senior Secured Convertible Promissory Note of Eco Building Products Inc., a Colorado corporation, (the “Company”), having its principal place of business at 909 West Vista Way, Vista, CA 92083, designated as its 10% Original Issue Discount Senior Secured Convertible Promissory Note due September 16, 2015 (this Note, the “Note”).
SECURITY AGREEMENTSecurity Agreement • October 7th, 2014 • ECO Building Products, Inc. • Retail-nonstore retailers • New York
This SECURITY AGREEMENT, dated as of September 16, 2014 (this “Agreement”), is among Eco Building Products Inc., a Colorado corporation (the “Company”), all of the Subsidiaries of the Company (such subsidiaries, the “Guarantors” and together with the Company, the “Debtors”) and the holders of the Company’s 10% Original Issue Discount Senior Secured Convertible Promissory Note due 12 months following its issuance, in the original aggregate principal amount of $833,333.34 (the “Note”) signatory hereto, their endorsees, transferees and assigns (collectively, the “Secured Parties”).
