SECURITIES PURCHASE AGREEMENT by and among ENERJEX RESOURCES, INC., a Nevada corporation and THE “PURCHASERS” NAMED IN SCHEDULE 1 HERETO MARCH 31, 2011Securities Purchase Agreement • April 4th, 2011 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Nevada
THIS SECURITIES PURCHASE AGREEMENT (the “Agreement”) is made as of March 31, 2011 (the “Effective Date”), by and among ENERJEX RESOURCES, INC., a Nevada corporation (the “Company”), and the investors listed on SCHEDULE 1 hereto (each, a “Purchaser” and collectively, the “Purchasers”), with reference to the following facts:
ContractWarrant Agreement • April 4th, 2011 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Nevada
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR UNDER THE SECURITIES LAWS OF ANY STATES OF THE UNITED STATES. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT PURSUANT TO REGISTRATION UNDER THE ACT OR PURSUANT TO AN EXEMPTION THEREFROM, AND EXCEPT AS PERMITTED UNDER APPLICABLE STATE SECURITIES LAWS. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE REASONABLY SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS.
STOCK REDEMPTION AGREEMENTStock Redemption Agreement • April 4th, 2011 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Nevada
THIS STOCK REPURCHASE AGREEMENT (this “Agreement”) is made and entered into, effective as of March 31, 2011 (the “Effective Date”), by and between ENERJEX RESOURCES, INC., a Nevada corporation (the “Company”), and WORKING INTEREST HOLDING, LLC, a Kansas limited liability company (“Holder”), with reference to the following facts:
