COMMON STOCK PURCHASE WARRANT PEGASI ENERGY RESOURCES CORPORATIONSecurity Agreement • January 15th, 2015 • Pegasi Energy Resources Corporation. • Crude petroleum & natural gas
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the seven year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Pegasi Energy Resources Corporation, a Nevada corporation (the “Company”), up to ______ shares (the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • January 15th, 2015 • Pegasi Energy Resources Corporation. • Crude petroleum & natural gas
This Registration Rights Agreement (this “Agreement”) is made and entered into as of January 9, 2015, among Pegasi Energy Resources Corporation, a Nevada corporation (the “Company”), and the several purchasers signatory hereto (each such purchaser, a “Purchaser” and collectively, the “Purchasers”).
12% SENIOR SECURED CONVERTIBLE NOTEConvertible Security Agreement • January 15th, 2015 • Pegasi Energy Resources Corporation. • Crude petroleum & natural gas • New York
THIS 12% SENIOR SECURED CONVERTIBLE NOTE is one of a series of duly authorized and validly issued 12% Senior Secured Convertible Notes of Pegasi Energy Resources Corp., a Nevada corporation (the “Company”), having its principal place of business at 218 N. Broadway, Suite 204, Tyler, Texas 75702, designated as its 12% Senior Secured Convertible Note (this Note, the “Note” and, collectively with the other Notes of such series, the “Notes”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • January 15th, 2015 • Pegasi Energy Resources Corporation. • Crude petroleum & natural gas • New York
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of January 9, 2015, is by and among Pegasi Energy Resources Corp., a Nevada corporation with its principal office located at 218 N. Broadway, Suite 204, Tyler, Texas 75702 (the ”Company”), and each of the investors listed on the Schedule of Buyers attached hereto (individually, a “Buyer” and collectively, the “Buyers”).
GUARANTEEGuarantee • January 15th, 2015 • Pegasi Energy Resources Corporation. • Crude petroleum & natural gas • New York
This GUARANTEE ("Guarantee") dated as of January 9, 2015 ("Effective Date"), by Pegasi Energy Resources Corporation, a Texas corporation ("Guarantor"), in favor of Jay Moorin, as Trustee under the Deed of Trust, Mortgage Security Agreement, Financing Statement and Assignment of Production dated as of the Effective Date from Pegasi Energy Resources Corporation, a Nevada corporation (as Borrower) (the "Borrower") and Guarantor (as Mortgagor and Debtor) to the Trustee, as trustee (the "Mortgage") and Pasquale DeAngelis, as Collateral Agent ("Collateral Agent") under and pursuant to the Securities Purchase Agreement (the "Purchase Agreement") dated as of the Effective Date between the Borrower and the investors listed on the Schedule of Buyers attached thereto (the "Buyers").
