STOCK PURCHASE AGREEMENTStock Purchase Agreement • August 2nd, 2012 • Comarco Inc • Radio & tv broadcasting & communications equipment • New York
This Stock Purchase Agreement, dated as of July 27, 2012 (this “Agreement”), is made by and between Comarco, Inc., a corporation incorporated under the laws of the State of California (the “Company”) and Broadwood Partners, L.P., a limited partnership organized and existing under the laws of the State of Delaware (the “Purchaser”). The Company and the Purchaser are individually referred to herein as a “Party” and collectively, as the “Parties.” Unless otherwise defined herein, terms defined in the Loan Agreement (as hereinafter defined) shall have the same meanings when used herein.
LOAN AGREEMENT PROVIDING FOR A SENIOR SECURED SIX MONTH TERM LOAN OF US$2,000,000 AMONG COMARCO, INC. as Borrower AND COMARCO WIRELESS TECHNOLOGIES, INC. as Guarantor AND BROADWOOD PARTNERS, L.P. as Lender Dated as of July 27, 2012Loan Agreement • August 2nd, 2012 • Comarco Inc • Radio & tv broadcasting & communications equipment • New York
THIS SENIOR SECURED SIX MONTH TERM LOAN AGREEMENT (as amended from time to time, this “Agreement”), dated as of July 27, 2012 (“Effective Date”), is entered into by and among (i) BROADWOOD PARTNERS, L.P, a limited partnership organized and existing under the laws of the State of Delaware, as lender (the “Lender”); (ii) COMARCO, INC., a corporation incorporated under the laws of the State of California, as borrower (the “Borrower”); and (iii) COMARCO WIRELESS TECHNOLOGIES, INC., a corporation incorporated under the laws of the State of Delaware, as guarantor (the “Guarantor” and, together with the Lender and the Borrower, the “Parties” and each a “Party”).
Broadwood Partners, L.P. c/o Broadwood Capital, Inc. New York, NY 10019Common Stock Purchase Warrant Issuance Commitment Letter • August 2nd, 2012 • Comarco Inc • Radio & tv broadcasting & communications equipment • New York
We refer to that certain senior secured loan agreement, dated July 27, 2012 (the “LoanAgreement”), by and amongBroadwood Partners, L.P., a limited partnership organized and existing under the laws of the State of Delaware (the “Lender”), Comarco, Inc., a corporation incorporated under the laws of the State of California, as borrower (the “Borrower”), and Comarco Wireless Technologies, Inc., a corporation incorporated under the laws of the State of Delaware, as guarantor (the “Guarantor” and, together with the Lender and the Borrower, the “Parties” and each a “Party”), pursuant to which the Lender advanced US$2,000,000 to the Borrower . Unless otherwise defined herein, terms defined in the Loan Agreement shall have the same meanings when used herein.
