FIFTH ADDITIONAL ISSUANCE AGREEMENT,Fifth Additional Issuance Agreement • May 11th, 2007 • Arkados Group, Inc. • Services-business services, nec
This Fifth Additional Issuance Agreement (this “Agreement”), dated February 28, 2007, is made pursuant to that certain Securities Purchase Agreement, dated as of June 30, 2006, as amended (the “Purchase Agreement”), by and between Arkados Group, Inc. (formerly CDKNET.COM, Inc., the “Company”), Bushido Capital Master Fund, LP (“Bushido”), Andreas Typaldos Family Limited Partnership (“Typaldos LP” and together with Bushido, the “New Purchasers”), Pierce Diversified Strategy Master Fund, LLC – Series BUS (“Pierce”) and Andreas Typaldos (“Typaldos”) for the purchase of the Company’s 6% Secured Convertible Debenture due December 28, 2008 (the “Debenture”) and the Common Stock purchase warrant issued in connection therewith (the “Warrant”). Capitalized terms used and not otherwise defined herein that are defined in the Purchase Agreement shall have the meanings given such terms in the Purchase Agreement.
