STOCK RESTRICTION AGREEMENTStock Restriction Agreement • January 6th, 2011 • Sibling Entertainment Group Holdings, Inc. • Services-miscellaneous amusement & recreation • Georgia
THIS STOCK RESTRICTION AGREEMENT (the “Agreement”) is made and entered into as of the 30th day of December, 2010 (the “Effective Date”) by and between SIBLING ENTERTAINMENT GROUP HOLDINGS, INC., a Texas corporation (“SIBE”) and A. DIXON MCLEOD, a resident of the State of Georgia (“Holder”).
LOCK-UP AGREEMENTLock-Up Agreement • January 6th, 2011 • Sibling Entertainment Group Holdings, Inc. • Services-miscellaneous amusement & recreation • Georgia
THIS LOCK-UP AGREEMENT (the “Agreement”) is made and entered into this 30th day of December, 2010, by and between SIBLING ENTERTAINMENT GROUP HOLDINGS, INC., a Texas corporation (“SIBE”) and MITCHELL MAXWELL, a resident of the State of New York (“Stockholder”).
LOAN ASSIGNMENT AGREEMENTLoan Assignment Agreement • January 6th, 2011 • Sibling Entertainment Group Holdings, Inc. • Services-miscellaneous amusement & recreation • Georgia
THIS LOAN ASSIGNMENT AGREEMENT (the “Agreement”) is executed and delivered this 29th day of December, 2010 (the “Closing Date”), by and between Sibling Entertainment Group Holdings, Inc., a Texas corporation (“SIBE”), Sibling Theatricals, Inc., a _____ corporation (“Borrower”), and SIBE Debt Resolution, LLC, a ___________ limited liability company (the “Company”).
SECURITIES EXCHANGE AGREEMENTSecurities Exchange Agreement • January 6th, 2011 • Sibling Entertainment Group Holdings, Inc. • Services-miscellaneous amusement & recreation • Georgia
THIS SECURITIES EXCHANGE AGREEMENT is made and entered into as of this 30th day of December, 2010, by and among SIBLING ENTERTAINMENT GROUP HOLDINGS, INC., a Texas corporation (“SIBE”), NEWCO4EDUCATION I, LLC, a Georgia limited liability company (“N4E”), and all of the members of N4E (each of whom is a “N4E Member” and all of whom together are collectively, the “N4E Members”). The name, address, and percentage membership interest (the “Ownership Percentage”) of each N4E Member is set forth on Exhibit A. The N4E Members collectively hold all of the outstanding limited liability company membership interests of N4E.
CONVERSION AGREEMENT November 12, 2010Conversion Agreement • January 6th, 2011 • Sibling Entertainment Group Holdings, Inc. • Services-miscellaneous amusement & recreation • Texas
The undersigned (the “Holder”), is a party to a Subscription Agreement dated ____________________ (the “Purchase Agreement”) with Sibling Entertainment Group Holdings, Inc. formerly known as Sona Development Corp. (“SIBE”) pursuant to which Holder purchased from SIBE, _____________ Units, at price of $10,000 per Unit, with each unit consisting of (a) a 13% interest bearing secured promissory note in the principal amount of $10,000 (the “Debenture”), (b) a five year warrant to purchase 10,000 shares of SIBE common stock at an exercise price of $1.00 per share (the “AA-1 Warrant”), and (c) a five year warrant to purchase 10,000 shares of SIBE common stock at an exercise price of $2.50 per share (the “AA-2 Warrant”, and together with the Purchase Agreement, the Debenture, and the AA-1 Warrant, are sometimes collectively referred to as the “Debenture Transaction Documents”).
