SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 2nd, 2016 • Legend Oil & Gas, Ltd. • Drilling oil & gas wells • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of October 31, 2016, between Legend Oil and Gas, Ltd., a Colorado corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
ORIGINAL ISSUE DISCOUNT SENIOR CONVERTIBLE DEBENTURE DUE MARCH 1, 2018Legend Oil & Gas, Ltd. • November 2nd, 2016 • Drilling oil & gas wells • New York
THIS ORIGINAL ISSUE DISCOUNT SENIOR CONVERTIBLE DEBENTURE is one of a series of duly authorized and validly issued Original Issue Discount Senior Secured Convertible Debentures of LEGEND OIL AND GAS, LTD., a Colorado corporation (the “Company”), having its principal place of business at 555 North Point Center East, Suite 400, Alpharetta, Georgia 30022, designated as its Original Issue Discount Senior Secured Debentures due March 1, 2018 (the “Debenture” and, collectively with the other debentures of such series, if any, the “Debentures”).
Legend Oil and Gas, Ltd. 8-KLegend Oil & Gas, Ltd. • November 2nd, 2016 • Drilling oil & gas wells • New York
THIS SECURITY HAS NOT 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. THIS SECURITY MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITY.
ADDENDUM TO SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 2nd, 2016 • Legend Oil & Gas, Ltd. • Drilling oil & gas wells
This Addendum to Securities Purchase Agreement (this “Addendum”) is dated as of October 27, 2016, between Legend Oil and Gas, Ltd., a Colorado corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”) and is an addendum to that certain Securities Purchase Agreement among the Company and the Purchasers, dated September 30, 2016 (the “Agreement”). Any capitalized terms used but not defined in this Addendum have the meanings ascribed to such terms in the Agreement.
