SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • March 28th, 2007 • Greens Worldwide Inc • Retail-eating places • New York
SECURITIES PURCHASE AGREEMENT (this “Agreement”), dated as of March 22, 2007, by and among Greens Worldwide Incorporated, an Arizona corporation, with headquarters located at 346 Woodland Church Road, Hertford, NC 27944 (the “Company”), and each of the purchasers set forth on the signature pages hereto (the “Buyers”).
RELEASE AGREEMENTRelease Agreement • March 28th, 2007 • Greens Worldwide Inc • Retail-eating places
THIS RELEASE AGREEMENT (this “Agreement”) is made as of this 22nd day of March, 2007 (the “Effective Date”), by and among Greens Worldwide Incorporated, an Arizona Corporation (“GRWW”), AJW Partners, LLC, a Delaware limited liability company (“AJW Partners”), AJW Offshore, Ltd., a Caymans Island corporation (“AJW Offshore”), AJW Qualified Partners, LLC, a New York limited liability company (“AJW Qualified Partners”), New Millennium Capital Partners, II, LLC, a New York limited liability company (“New Millennium” and together with AJW Partners, AJW Offshore and AJW Qualified Partners, “NIR”), Andara Corporation (“Andara”), and Dutchess Advisors, LLC (“Dutchess”) (each individually a “Party” and collectively the “Parties”).
GUARANTY OF COLLECTIONGuaranty of Collection • March 28th, 2007 • Greens Worldwide Inc • Retail-eating places • New York
THIS GUARANTY OF COLLECTION (the “Guaranty”) is made as of March 22, 2007, by JOHN WOODALL (the “Guarantor”) to and for the benefit of AJW PARTNERS, LLC (“AJW Partners”), AJW OFFSHORE, LTD. (“AJW Offshore”), AJW QUALIFIED PARTNERS, LLC (“AJW Qualified Partners”), and NEW MILLENNIUM CAPITAL PARTNERS II, LLC (“New Millennium” and together with AJW Partners, AJW Offshore and AJW Qualified Partners, “NIR”).
