SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 4th, 2018 • Magnegas Corp • Special industry machinery, nec • Delaware
THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”) is dated as of April 3, 2018, (the “Effective Date”) by and among JOSEPH KNIERIEM, ROBERT BAKER (each a “Seller,” and collectively the “Sellers”), TRICO WELDING SUPPLIES, INC., a California corporation (the “Company”), MAGNEGAS CORPORATION, a Delaware corporation (the “Purchaser”), and MagneGas Welding Supply, LLC, a Delaware limited liability company and wholly owned subsidiary of Purchaser (the “Purchaser Designee”).
