SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • May 10th, 2022 • nDivision Inc. • Services-computer processing & data preparation • Nevada
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of May 4, 2022, by and between NDIVISION INC., a Nevada corporation, with headquarters located at 7301 N. State Highway 161, Suite 100, Irving, Texas 75039 (the “Company”), and Mast Hill Fund, L.P., a Delaware limited partnership, with its address at 48 Parker Road, Wellesley, MA 02482 (the “Buyer”).
COMMON STOCK PURCHASE WARRANT NDIVISION INC.Security Agreement • May 10th, 2022 • nDivision Inc. • Services-computer processing & data preparation • Nevada
This COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the issuance of the $500,000.00 10% promissory note to the Holder (as defined below) of even date) (the “Note”), Mast Hill Fund, L.P., a Delaware limited partnership (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 nDivision Inc., a Nevada corporation (the “Company”), up to 416,667 shares of Common Stock (as defined below) (the “Warrant Shares”) (whereby such number may be adjusted from time to time pursuant to the terms and conditions of this Warrant) at the Exercise Price per share then in effect. This Warrant is issued by the Company as of the date hereof in connection with that certain securities purchase agreement dated May 4, 2022, by and among the Company and the Holder (the “Purc
