0001255294-13-000519 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • July 11th, 2013 • Southern Products, Inc. • Household audio & video equipment • New York

This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of April 9, 2013, by and between SOUTHERN PRODUCTS, INC., a Nevada corporation, with headquarters located at 115 East Wilson Street - Unit B, Costa Mesa, CA 92627 (the “Company”), and ASHER ENTERPRISES, INC., a Delaware corporation, with its address at 1 Linden Place, Suite 207, Great Neck, NY 11021 (the “Buyer”).

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Standard Contracts

FIRST AMENDMENT TO CONVERTIBLE PROMISSORY NOTE
Convertible Promissory Note • July 11th, 2013 • Southern Products, Inc. • Household audio & video equipment • Nevada

For good and valuable consideration, Southern Products Inc., a Nevada corporation, ("Maker"-), and Cane Clark LLP, a Nevada limited liability partnership ("Holder") hereby amend the Promissory Note and Security Agreement dated June 29,2012, and previously issued by Maker to Holder, (the "Note"') as set forth herein.

CONVERTIBLE PROMISSORY NOTE
Convertible Promissory Note • July 11th, 2013 • Southern Products, Inc. • Household audio & video equipment

For good and valuable consideration, Southern Products Inc., a Nevada corporation, ("Maker"), hereby makes and delivers this Promissory Note and Security Agreement (this "Note") in favor of CANE CLARK LLP, a Nevada limited liability partnership or its assigns ("Holder"), and hereby agree as follows:

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