MASTER SECURITIES AMENDMENT AGREEMENTMaster Securities Amendment Agreement • May 22nd, 2007 • Radial Energy, Inc. • Crude petroleum & natural gas • New Jersey
This MASTER SECURITIES AMENDMENT AGREEMENT (this “Amendment Agreement”), effective as of May 17, 2007 (the “Effective Date”), supplements and amends the transaction documents (collectively, the “Transaction Documents”) executed and delivered in connection with the private placement (the “October 2006 Private Placement”) by Radial Energy Inc., a Nevada corporation (the “Company”), of its secured convertible debentures and common stock purchase warrants to Cornell Capital Partners, LP (the “Buyer”), which securities were issued pursuant to the Securities Purchase Agreement dated October 2, 2006 by and between the Company and the Buyer (the “Purchase Agreement”). The Transaction Documents are supplemented, modified, and amended as set forth in this Amendment Agreement. Capitalized terms used and not defined in this Amendment Agreement shall have the respective meanings set forth in the Purchase Agreement.
