SUBSCRIPTION AGREEMENTSubscription Agreement • May 3rd, 2012 • Southern Usa Resources Inc. • Metal mining • New York
THIS SUBSCRIPTION AGREEMENT (this “Agreement”), is dated as of April __, 2012, by and between Southern USA Resources Inc. (formerly known as Atlantic Green Power Holding Company), a Delaware corporation (the “Company”), and the subscribers identified on Schedule 1 hereto (the “Subscribers”).
SECURITY AGREEMENTSecurity Agreement • May 3rd, 2012 • Southern Usa Resources Inc. • Metal mining • New York
This SECURITY AGREEMENT, dated as of April __, 2012 (this “Agreement”), is among Southern USA Resources Inc. (formerly known as Atlantic Green Power Holding Company), a Delaware corporation (the “Debtor” and together with its successors, “Debtors”), and the holders of the Debtor’s Secured Convertible Promissory Notes due April __, 2014 and issued on April __, 2012, in the original aggregate principal amount of a minimum of $1,920,000 and up to a maximum of $2,400,000 (collectively, the “Notes”) signatory hereto, their endorsees, transferees and assigns (collectively, the “Secured Parties”).
EQUIPMENT CONTRIBUTION AGREEMENTEquipment Contribution Agreement • May 3rd, 2012 • Southern Usa Resources Inc. • Metal mining • New York
This EQUIPMENT CONTRIBUTION AGREEMENT (this “Agreement”) is entered into as of April 27, 2012 (“Effective Date”) by and between Charles Merchant Sr. (“Contributor”), and Southern USA Resources Inc. (formerly known as Atlantic Green Power Holding Company), a Delaware corporation (the “Company”). Contributor and the Company are sometimes referred to collectively herein as the “Parties,” and each, a “Party.”
THIRD CONSENT AND WAIVER AGREEMENTThird Consent and Waiver Agreement • May 3rd, 2012 • Southern Usa Resources Inc. • Metal mining • New York
This Third Consent and Waiver Agreement (this “Agreement”) is made and entered into as of April ___, 2012, by and among Southern USA Resources Inc. (formerly known as Atlantic Green Power Holding Company), a Delaware corporation (the “Company”), and the parties identified on the signature page hereto. Capitalized terms used but not defined herein will have the meanings assigned to them in the Subscription Agreements (as defined below).
