ASSIGNMENT, ASSUMPTION AND AMENDMENT TO LINE OF CREDIT AND NOTES AGREEMENTLine of Credit and Notes Agreement • April 15th, 2016 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
This Assignment, Assumption and Amendment to Line of Credit and Notes Agreement (this “Agreement”) dated and effective April 11, 2016 (the “Effective Date”) is by and between, Target Alliance London Limited, a United Kingdom Private Limited Company with Share Capital, company number 08582290 (“TALL”); Silver Star Oil Company, a Texas Corporation (“Silver Star”); and Lucas Energy, Inc., a Nevada corporation (“Lucas”), each referred to as a “Party” and collectively as the “Parties” to the Agreement.
COMMON STOCK PURCHASE WARRANT LUCAS ENERGY, INC.Securities Agreement • April 15th, 2016 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Target Alliance London Limited, a United Kingdom Private Limited Company with Share Capital, company number 08582290 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 after ___________, 2016 (the “Initial Exercise Date”) and on or prior to the close of business on the [_______] year anniversary of the Closing Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Lucas Energy, Inc., a Nevada corporation (the “Company”), up to 51,562 shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company’s common stock (“Common Stock”), provided that any exercise of this Warrant shall be subject to the Beneficial Ownership Limitation and Exchange Cap described below. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exerc
