SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • January 12th, 2015 • Nac Global Technologies, Inc. • General industrial machinery & equipment • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of January 8, 2015, between NAC Global Technologies, Inc., a Nevada corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
3% ORIGINAL ISSUE DISCOUNT CONVERTIBLE PROMISSORY NOTE DUE JANUARY 8, 2016Convertible Security Agreement • January 12th, 2015 • Nac Global Technologies, Inc. • General industrial machinery & equipment • New York
THIS 3% ORIGINAL ISSUE DISCOUNT CONVERTIBLE PROMISSORY NOTE is one of a series of duly authorized and validly issued 5% Original Issue Discount Convertible Promissory Notes of NAC Global Technologies, Inc., a Nevada corporation, (the “Company”), having its principal place of business at principal place of business at 4720 Salisbury Road Jacksonville, FL 32256, designated as its 3% Original Issue Discount Convertible Promissory Note due January 8, 2016 (this Note, the “Note” and, collectively with the other Notes of such series, the “Notes”).
ContractSecurities Agreement • January 12th, 2015 • Nac Global Technologies, Inc. • General industrial machinery & equipment
NEITHER THESE SECURITIES NOR THE SECURITIES ISSUABLE UPON EXERCISE OF THESE SECURITIES HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY. THESE SECURITIES AND THE SECURITIES ISSUABLE UPON EXERCISE OF THESE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT SECURED BY SUCH SECURITIES.
