SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • October 19th, 2017 • CIPHERLOC Corp • Services-computer processing & data preparation • Texas
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of September 26, 2017, by and between CIPHERLOC CORPORATION, a Texas corporation, with headquarters located at 825 Main St., Suite 100, Buda, TX 78610 (the “Company”), and FIRSTFIRE GLOBAL OPPORTUNITIES FUND, LLC, a Delaware limited liability company, with its address at 1040 First Avenue, Suite 190, New York, NY 10022 (the “Buyer”).
COMMON STOCK PURCHASE WARRANT CIPHERLOC CORPORATIONSecurities Agreement • October 19th, 2017 • CIPHERLOC Corp • Services-computer processing & data preparation • Texas
This COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the issuance of the $330,000.00 senior convertible promissory note to the Holder (as defined below) of even date) (the “Note”), FirstFire Global Opportunities Fund, LLC, a Delaware limited liability company (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 Cipherloc Corporation, a Texas corporation (the “Company”), up to 165,000 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 September 26, 20
