INTERNATIONAL BUSINESS ASSOCIATES LTD. SERIES A REDEEMABLE PREFERRED STOCK SUBSCRIPTION AGREEMENT Dated as of September 10, 2004Redeemable Preferred Stock • September 14th, 2004 • Harken Energy Corp • Crude petroleum & natural gas • New York
This Agreement (the “Agreement”) dated as of September 10, 2004 is entered into by and among International Business Associates Ltd., an exempted limited liability company organized under the laws of the Turks and Caicos Islands, BWI (the “Company”), John Kean, Jr. and Stanley J. Brownell (each individually a “Founder” and collectively, the “Founders”), and International Business Associates Holding Co., Ltd., a British Virgin Islands company (the “Purchaser”). In consideration of the mutual promises and covenants contained in this Agreement, the parties hereto agree as follows:
