Securities PURCHASE AGREEMENTSecurities Purchase Agreement • October 11th, 2016 • ATRM Holdings, Inc. • Prefabricated wood bldgs & components • Minnesota
WHEREAS, the Company desires financing for the purchase of certain assets of EdgeBuilder Wall Panels, Inc. and Glenbrook Lumber & Supply, Inc. (collectively, the “Sellers”) pursuant to the terms of that certain Asset Purchase Agreement, dated as of October 4, 2016, by and among the Company, EdgeBuilder, Inc., Glenbrook Building Supply, Inc., the Sellers and the individuals listed on the signature page thereto (the “Acquisition”); and
ContractPromissory Note • October 11th, 2016 • ATRM Holdings, Inc. • Prefabricated wood bldgs & components • Minnesota
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (“ACT”), OR UNDER ANY STATE SECURITIES LAW AND THIS NOTE MAY NOT BE PLEDGED, SOLD, ASSIGNED OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT WITH RESPECT THERETO UNDER THE ACT AND ANY APPLICABLE STATE SECURITIES LAW, OR UNLESS THE DEBTOR RECEIVES AN OPINION OF COUNSEL, SATISFACTORY TO THE DEBTOR, THAT SUCH REGISTRATION IS NOT REQUIRED.
