SERIES A COMMON STOCK PURCHASE WARRANTSecurity Agreement • March 15th, 2016 • Major League Football Inc • Services-management consulting services
THIS SERIES A COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, SBI INVESTMENTS LLC, 2014-1 or its 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 March 9, 2016 (the “Initial Exercise Date”) and on or prior to the close of business on the three (3) year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Major League Football, Inc., a Delaware corporation (the “Company”), up to 250,000 shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • March 15th, 2016 • Major League Football Inc • Services-management consulting services • New York
THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made as of the 9th day of March, 2016 (the “Effective Date”), by and between MAJOR LEAGUE FOOTBALL, INC., a Delaware corporation (the “Company”), and SBI INVESTMENTS LLC, 2014-1, a statutory series of Delaware limited liability company (the “Investor”).
INSIDER PLEDGE AGREEMENTInsider Pledge Agreement • March 15th, 2016 • Major League Football Inc • Services-management consulting services • New York
THIS INSIDER PLEDGE AGREEMENT (the “Agreement”) dated March 9, 2016 (the “Effective Date”), is made by and between Michael D. Queen, an individual (the “Pledgor”), and SBI Investments LLC 2014-1, a statutory series of Delaware limited liability company (the “Pledgee”).
