SECURITIES PURCHASE AGREEMENT BY AND AMONG ZOOM TECHNOLOGIES, INC., ZOOM USA HOLDINGS, INC., PORTABLES UNLIMITED, LLC AND THE CELLULAR NETWORK COMMUNICATIONS GROUP, INC. Dated as of October 11, 2011Securities Purchase Agreement • December 28th, 2011 • Zoom Technologies Inc • Telephone & telegraph apparatus • New York
This Securities Purchase Agreement (this "Agreement") is made and entered into as of October 11, 2011 by and among Zoom Technologies, Inc., a Delaware corporation ("Zoom"), Zoom USA Holdings, Inc., a Delaware corporation and wholly-owned subsidiary of Zoom ("Zoom Sub"), Portables Unlimited, LLC, a Delaware limited liability company ("Portables"), and The Cellular Network Communications Group, Inc., a New York corporation ("CNCG"). Zoom, Zoom Sub, Portables and CNCG are sometimes referred to herein individually as a "Party" and collectively as the "Parties".
