OPTION, NOTE PURCHASE AND NOTE MODIFICATION AGREEMENT FOR PURCHASE AND MODIFICATION OF CONVERTIBLE NOTESOption, Note Purchase and Note Modification Agreement • May 3rd, 2012 • CMG Holdings Group, Inc. • Real estate investment trusts • Delaware
THIS OPTION, NOTE PURCHASE, MODIFICATION AND ESCROW AGREEMENT FOR PURCHASE OF CONVERTIBLE NOTES (this “Agreement”) is made as of the 13TH day of April, 2012, by and between AudioEye Acquisition Corp. (“AEAC”), a Nevada Corporation located at 9070 S. Rita Rd Tucson, Arizona 85747 7 (hereinafter known as “PURCHASER”) and CMGO Investors LLC, with a primary residence at 570 Lexington Avenue, New York, NY 10022 (hereinafter known as “LENDER”) and CMG Holdings Group, Inc., a Nevada Corporation located at 5601 Biscayne Boulevard, Miami Florida 33137 (hereinafter known as “BORROWER”) PURCHASER, LENDER and BORROWER shall collectively be known herein as “the Parties”.
