SECURITY AGREEMENTSecurity Agreement • January 6th, 2014 • BeesFree, Inc. • Wholesale-miscellaneous nondurable goods • New York
This SECURITY AGREEMENT (this “Agreement”), dated as of December 31, 2013, is made by and between BeesFree, Inc., a Nevada corporation (the “Company”), and BeesFree USA, Inc., a Delaware corporation and the Company’s wholly-owned subsidiary (“BeesFree DE”, the Company and BeesFree DE, as the context dictates, collectively, the “Grantor”), and those signatories hereto who are holders of certain notes described below in the aggregate principal amount of up to $2,000,000 (the “Noteholders”), to be issued by the Company from time to time on and after the date hereof, as well as their endorsees, transferees and assigns all upon terms set forth in that certain Securities Purchase Agreement, dated March 13, 2013 (the “Purchase Agreement”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • January 6th, 2014 • BeesFree, Inc. • Wholesale-miscellaneous nondurable goods • New York
THIS SECURITIES PURCHASE AGREEMENT (the “Agreement”) is made as of the 31st day of December 2013, by and between BeesFree, Inc., a Nevada corporation (the “Company”), BeesFree USA, Inc., a Delaware corporation (“BeesFree USA”), and the investors listed on the Schedule of Investors attached hereto (each an “Investor” and collectively, the “Investors”).
