SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • July 5th, 2016 • Air T Inc • Air courier services • Delaware
This SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of July 1, 2016, by and among Sardar Biglari (“Mr. Biglari”), Biglari Capital Corp., a Texas corporation (“BCC”), The Lion Fund II, L.P., a Delaware limited partnership (the “Seller”), and Air T, Inc., a Delaware corporation (the “Purchaser”) (each of Mr. Biglari, BCC, the Seller and the Purchaser, a “Party” to this Agreement, and collectively, the “Parties”).
