Consent and Agreement of Series a Convertible Preferred Stockholders Sample Contracts

CONSENT AND AGREEMENT OF SERIES A CONVERTIBLE PREFERRED STOCKHOLDERS AMERICAN DEFENSE SYSTEMS, INC. May 23, 2008

Consent and Agreement of Series a Convertible Preferred Stockholders • May 27th, 2008 • American Defense Systems Inc • Miscellaneous transportation equipment • Delaware

• Contract Type
  Consent and Agreement of Series a Convertible Preferred Stockholders
• Filed
  May 27th, 2008
• Company
  American Defense Systems Inc
• Industry
  Miscellaneous transportation equipment
• Jurisdiction
  Delaware

Reference is made to (i) that certain Securities Purchase Agreement, dated March 7, 2008 (“Purchase Agreement”), by and among American Defense Systems, Inc. (the “Company”) and West Coast Opportunity Fund, LLC, Centaur Value Fund, LP and United Centaur Master Fund (collectively, the “Holders”), pursuant to which the Holders acquired shares of the Company’s Series A Convertible Preferred Stock (“Preferred Shares”) and related warrants (“Warrants”), and (ii) that certain Certificate of Designations, Preferences and Rights of such Preferred Shares (“Certificate of Designations”).