SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • October 19th, 2022 • Sollensys Corp. • Services-computer processing & data preparation • Nevada
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of October 13, 2022, by and between SOLLENSYS CORP, a Nevada corporation, with headquarters located at 1470 Treeland Blvd. SE, Palm Bay, Florida 32909 (the “Company”), and AJB CAPITAL INVESTMENTS, LLC, a Delaware limited liability company, with its address at 4700 Sheridan Street, Suite J, Hollywood, FL 33021 (the “Buyer”).
COMMON STOCK PURCHASE WARRANT SOLLENSYS CORPCommon Stock Purchase Warrant • October 19th, 2022 • Sollensys Corp. • Services-computer processing & data preparation • Nevada
This COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the issuance of the $600,000.00 10% promissory note to the Holder (as defined below) of even date) (the “Note”), AJB Capital Investments, 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 Sollensys Corp, a Nevada corporation (the “Company”), up to 1,000,000 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 October 13, 2022, by and among the Company and
SECURITY AGREEMENTSecurity Agreement • October 19th, 2022 • Sollensys Corp. • Services-computer processing & data preparation • Nevada
This SECURITY AGREEMENT (this “Agreement”) made and effective as of October 13, 2022, is executed by and between SOLLENSYS CORP, a Nevada corporation (the “Company”), and AJB CAPITAL INVESTMENTS, LLC, a Delaware limited liability company (the “Secured Party”).
