SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • September 15th, 2017 • Petrone Worldwide, Inc. • Services-management consulting services • Nevada
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of September 12, 2017, by and between Petrone Worldwide, Inc., a Nevada corporation, with headquarters located at 2200 N. Commerce Parkway, Weston, FL 33326 (the “Company”), and LABRYS FUND, LP, a Delaware limited partnership, with its address at 48 Parker Road, Wellesley, MA 02482 (the “Buyer”).
COMMON STOCK PURCHASE WARRANT PETRONE WORLDWIDE, INC.Common Stock Purchase Warrant • September 15th, 2017 • Petrone Worldwide, Inc. • Services-management consulting services • Nevada
This COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the funding of the third tranche of $25,000.00 under the $400,000.00 convertible promissory note issued to the Holder (as defined below) on November 7, 2016) (the “Note”), Crown Bridge Partners, LLC (including any permitted and registered assigns, the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date of issuance hereof, to purchase from Petrone Worldwide, Inc.., a Nevada corporation (the “Company”), 2,500,000 shares of Common Stock (as defined below) (the “Warrant Shares”) at the Exercise Price per share then in effect (whereby such number may be adjusted from time to time pursuant to the terms and conditions of this Warrant).
