AMENDMENT NO. 1 TO SECURITIES PURCHASE AGREEMENT, SENIOR SECURED CONVERTIBLE NOTES, WARRANTS AND SECURITY AGREEMENTSecurities Purchase Agreement • October 5th, 2007 • Biophan Technologies Inc • Surgical & medical instruments & apparatus • New York
This AMENDMENT NO. 1 TO SECURITIES PURCHASE AGREEMENT, SENIOR SECURED CONVERTIBLE NOTES, WARRANTS AND SECURITY AGREEMENT (this “Amendment”) is made and entered into as of October 3, 2007, by and among Biophan Technologies, Inc., a Nevada corporation (the “Biophan”), and the purchasers identified on the signature pages hereto (each, a “Purchaser” and, collectively, the “Purchasers”).
Consent and Authorization AgreementConsent and Authorization Agreement • October 5th, 2007 • Biophan Technologies Inc • Surgical & medical instruments & apparatus
Background. Each of the undersigned entities is a purchaser (“Purchaser”) of securities of Biophan Technologies, Inc. (“Biophan”) and the beneficiary of a Security Agreement, dated October 11, 2006, (the “Security Agreement”), which includes patents and applications and proceeds thereof as Collateral. Each of the Purchasers has authorized Iroquois Master Fund Ltd. (“Iroquois”) to be its agent for the purpose of holding and managing the assignment of the Collateral, including all Patents.
