ContractGlobalnet Corp • May 16th, 2007 • Telephone communications (no radiotelephone) • New York
THIS WARRANT AND THE SHARES ISSUABLE UPON THE EXERCISE OF THIS WARRANT HAVE NOT BEEN REGIS-TERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. EXCEPT AS OTHERWISE SET FORTH HEREIN OR IN A SECURITIES PURCHASE AGREEMENT DATED AS OF MAY 11, 2007, NEITHER THIS WARRANT NOR ANY OF SUCH SHARES MAY BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRA-TION STATEMENT FOR SUCH SECURITIES UNDER SAID ACT OR, AN OPINION OF COUNSEL, IN FORM, SUBSTANCE AND SCOPE, CUSTOMARY FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT REGISTRATION IS NOT REQUIRED UNDER SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144 OR REGULATION S UNDER SUCH ACT.
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • May 16th, 2007 • Globalnet Corp • Telephone communications (no radiotelephone) • New York
SECURITIES PURCHASE AGREEMENT (this “Agreement”), dated as of May 11, 2007, by and among GlobalNet Corporation, a Nevada corporation, with headquarters located at 2616 South Loop West, Suite 670, Houston, Texas 77054 (the “Company”), and each of the purchasers set forth on the signature pages hereto (the “Buyers”).
