AGREEMENT FOR THE PURCHASE OF PREFERRED STOCKAgreement for the Purchase of Preferred Stock • May 11th, 2012 • Biopack Environmental Solutions Inc. • Non-operating establishments • Texas
Contract Type FiledMay 11th, 2012 Company Industry JurisdictionTHIS AGREEMENT FOR THE PURCHASE OF PREFERRED STOCK, (this “Agreement”) made this 25th day of April, 2012, by and between Begonia Participation Corp., a British Virgin Islands corporation (“Begonia”), Creative Mind Assets Limited, a British Virgin Islands (“Creative Minds”), and Ma Cheng Ji, an individual (“Ma” and together with Begonia and Creative Minds, the “Sellers”), Biopack Environmental Solutions, Inc., a Nevada corporation (the “Company” or “BPAC”), and Rockland Group, LLC, Inc., a Texas limited liability company (“Purchaser”), setting forth the terms and conditions upon which Sellers will sell to Purchaser and Purchaser will purchase from Sellers certain securities (the “Securities”) consisting of Six Hundred Twenty Thousand (620,000) shares of Biopack Environmental Solutions, Inc. Series A Convertible Preferred Stock (the “Series A Preferred Shares”), One Million Shares (1,000,000) shares of Biopack Environmental Solutions, Inc. Series B Convertible Preferred Stock (the “Serie