SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • February 3rd, 2010 • Eclips Energy Technologies, Inc. • Power, distribution & specialty transformers • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of December 17, 2009 between EClips Energy Technologies, Inc., a Florida corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
6% SENIOR CONVERTIBLE DEBENTURE DUE DECEMBER 17, 2011Eclips Energy Technologies, Inc. • February 3rd, 2010 • Power, distribution & specialty transformers • Florida
THIS 6% SENIOR CONVERTIBLE DEBENTURE is one of a series of duly authorized and validly issued 6% Senior Convertible Debentures of EClips Energy Technologies, Inc., a Florida corporation, (the “Company”), having its principal place of business at 8200 Seminole Boulevard, St. Petersburg Florida 33714 designated as its 6% Senior Convertible Debenture due December 17, 2011 (this debenture, the “Debenture” and, collectively with the other debentures of such series, the “Debentures”).
STOCK PURCHASE AGREEMENTStock Purchase Agreement • February 3rd, 2010 • Eclips Energy Technologies, Inc. • Power, distribution & specialty transformers • Florida
STOCK PURCHASE AGREEMENT, dated as of December 22, 2009 (the “Agreement”), among those persons or entities set forth on Schedule 1 annexed hereto, (each a “Purchaser” and collectively the “Purchasers”), EClips Energy Technologies, Inc., a corporation organized under the laws of Florida (the “Company”), and Benjamin C. Croxton (the “Seller”). The Purchasers, the Company and the Seller are collectively referred to herein as the “Parties”.
OPTION AGREEMENTOption Agreement • February 3rd, 2010 • Eclips Energy Technologies, Inc. • Power, distribution & specialty transformers • Florida
This Option Agreement (“Agreement”) is entered into by and between EClips Energy Technologies, Inc. (the “Company”) and Benjamin C. Croxton (“Croxton”), and is effective as of the last date of execution set forth below. The aforementioned individual and entity may be referred to collectively herein as the “Parties”.
AGREEMENTAgreement • February 3rd, 2010 • Eclips Energy Technologies, Inc. • Power, distribution & specialty transformers • Florida
This Agreement (“Agreement”) is entered into by and between EClips Energy Technologies, Inc. (the “Company”) and Benjamin C. Croxton (“Croxton”), and is effective as of the last date of execution set forth below. The aforementioned individual and entity may be referred to collectively herein as the “Parties”.
