NINTH ADDITIONAL ISSUANCE AGREEMENT AND WAIVERNinth Additional Issuance Agreement • June 5th, 2007 • Arkados Group, Inc. • Services-business services, nec
Contract Type FiledJune 5th, 2007 Company IndustryThis Ninth Additional Issuance Agreement (this “Agreement”) 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”), Andreas Typaldos Family Limited Partnership (“Typaldos LP” or the “New Purchaser”), Bushido Capital Master Fund, LP (“Bushido”), Pierce Diversified Strategy Master Fund, LLC – Series BUS (“Pierce”), Andreas Typaldos, individually (“Typaldos”), Katherine Typaldos, individually (“K Typaldos”), Herbert H. Sommer (“Sommer”) and Joel C. Schneider (“Schneider”) and Crucian Transition, Inc. (“Crucian”) 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”). This Agreement is dated as of the date it is executed by the Company. Capitalized terms used and not otherwise defined herein that are defi