0001140361-07-006553 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • March 30th, 2007 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods • New York

THIS SECURITIES PURCHASE AGREEMENT (the "AGREEMENT"), dated as of December 31, 2006, is by and between LaPolla Industries Inc., a Delaware corporation, with its principal place of business at 15402 Vantage Parkway East, Suite 322, Houston, Texas 77032 (the "COMPANY"), and Richard J. Kurtz, with a residence at Nine Duck Pond Road, Alpine, New Jersey 07620 (the "BUYER").

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