Laurus Master Fund, Ltd. c/o Laurus Capital Management, L.L.C.Financing Agreement • September 18th, 2006 • Titan Global Holdings, Inc. • Communications equipment, nec • New York
Laurus Master Fund, Ltd. (“Laurus”) has provided certain financing to Titan Global Holdings, Inc. (the “Company”), pursuant to agreements dated as of November 20, 2003 and March 30, 2004 (the “Agreements”), pursuant to which Laurus has received or has the right to receive certain shares (the “Shares”) of the Company’s common stock (“Common Stock”). Laurus and the Company have entered into an agreement dated as of the date hereof pursuant to which the Company has a right to purchase certain shares of the Company’s common stock from Laurus. In consideration of good and valuable consideration, receipt of which is hereby acknowledged, Laurus hereby agrees that during the period commencing on the date hereof through the date which is two years thereafter, without the prior written consent of the Company, Laurus will not sell Shares during a twenty two (22) day trading period in a number that exceeds twenty percent (20%) of the aggregate dollar trading volume of the Common Stock for the twen
OPTION/ PURCHASE AGREEMENTOption/Purchase Agreement • September 18th, 2006 • Titan Global Holdings, Inc. • Communications equipment, nec • New York
THIS AGREEMENT (“Agreement”), dated as of September 12, 2006, is by and between Titan Global Holdings, Inc. ("TITAN"), and Laurus Master Fund, Ltd. (“LAURUS”) (collectively, the “PARTIES”).
