COMMON STOCK PURCHASE WARRANTSecurity Agreement • March 15th, 2017 • Major League Football Inc • Services-amusement & recreation services
THIS 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, 2017 (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 500,000 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).
FORBEARANCE AGREEMENTForbearance Agreement • March 15th, 2017 • Major League Football Inc • Services-amusement & recreation services
THIS FORBEARANCE AGREEMENT (this “Agreement”) is made and entered into as of March 9, 2017 (the “Effective Date”), by and between SBI Investments LLC, 2014-1, a statutory series of Delaware limited liability corporation (the “Noteholder”), and Major League Football, Inc., a Nevada corporation (the “Company”).
