DEBT CONVERSION AND RECAPITALIZATION AGREEMENTDebt Conversion and Recapitalization Agreement • October 3rd, 2012 • Isecuretrac Corp • Communications services, nec • Delaware
THIS DEBT CONVERSION AND RECAPITALIZATION AGREEMENT (this “Agreement”) is made as of the 28th day of September, 2012 by and among iSecureTrac Corp., a Delaware corporation (the “Company”), IST Holdings, LLC, a Nebraska limited liability company (“Holdings”) and each of the additional parties listed on Schedule 1 hereto (each a “Series C Holder”) acting in his or its individual capacity as a holder of shares of the Company’s Series C Cumulative, Compounding Exchangeable Preferred Stock, par value ($0.01) per share (the “Series C Preferred”).
