AGREEMENT TO REDEEM SHARES OF SERIES A PREFERRRED STOCKAgreement to Redeem Shares of Series a Preferred Stock • May 10th, 2011 • Transax International LTD • Services-prepackaged software • New Jersey
Contract Type FiledMay 10th, 2011 Company Industry JurisdictionTHIS AGREEMENT TO REDEEM SHARES OF SERIES A PREFERRED STOCK (the “Agreement”), dated as of May 4, 2011, is by and between TRANSAX INTERNATIONAL LIMITED, a Colorado corporation (the “Company”), and YA GLOBAL INVESTMENTS, L.P. (f/k/a Cornell Capital Partners, LP), a Cayman Islands exempt limited partnership (“Investor”).