SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • March 3rd, 2010 • Pacific Asia Petroleum Inc • Drilling oil & gas wells • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of March 2, 2010, between Pacific Asia Petroleum, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
SERIES C/D] COMMON STOCK PURCHASE WARRANT PACIFIC ASIA PETROLEUM, INC.Common Stock Purchase Warrant • March 3rd, 2010 • Pacific Asia Petroleum Inc • Drilling oil & gas wells
THIS [SERIES C/D] COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ (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 March 5, 2010 (the “Initial Exercise Date”) and on or prior to the close of business on the _________ (the “Termination Date”) but not thereafter, to subscribe for and purchase from Pacific Asia Petroleum, Inc., a Delaware corporation (the “Company”), up to ______ shares (the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
STRICTLY CONFIDENTIALPlacement Agent Agreement • March 3rd, 2010 • Pacific Asia Petroleum Inc • Drilling oil & gas wells • New York
