SECURED CONVERTIBLE NOTE PURCHASE AGREEMENTSecured Convertible Note Purchase Agreement • July 29th, 2013 • Loton, Corp • Services-computer programming, data processing, etc. • California
This SECURED CONVERTIBLE Note Purchase Agreement (this “Agreement”) is made as of March 25, 2013 (the “Effective Date”) by and among Penzance, LLC, a California limited liability company (the “Company”), the initial purchasers of the Notes who are signatory hereto (each, an “Investor” and collectively, the “Investors”) and Loton, Corp., a Nevada corporation, as an Investor and as collateral agent for the Investors (the “Collateral Agent”). The Company, the Investors and the Collateral Agent are from time to time referred to herein as the “parties” and each as a “party.”
SECURITY AGREEMENT among PENZANCE, LLC, THE INVESTORS PARTY HERETO, and LOTON, CORP., as Collateral Agent Dated as of March 25, 2013Security Agreement • July 29th, 2013 • Loton, Corp • Services-computer programming, data processing, etc. • California
THIS SECURITY AGREEMENT, dated as of March 25, 2013 (this “Security Agreement”), among Penzance, LLC, a California limited liability company (the “Company” or the “Grantor”), the investors from time to time party hereto (including their successors and permitted assigns, each, an “Investor” and collectively, the “Investors”) and Loton, Corp., a Nevada corporation, as collateral agent for the benefit of the Secured Parties (including its successors and permitted assigns and in such capacity, the “Collateral Agent”).
