TENTH ADDITIONAL ISSUANCE AGREEMENT AND WAIVERTenth Additional Issuance Agreement • December 21st, 2007 • Arkados Group, Inc. • Services-business services, nec
Contract Type FiledDecember 21st, 2007 Company IndustryThis Tenth 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”), Andreas Typaldos, individually (“Typaldos”), William H. Carson (“Carson”), Gennaro Vendome (“Vendome” and, together with Typaldos LP, Typaldos and Carson, the “New Purchasers”), Bushido Capital Master Fund, LP (“Bushido”), Pierce Diversified Strategy Master Fund, LLC – Series BUS (“Pierce”), Katherine Typaldos, individually (“K Typaldos”), Herbert H. Sommer (“Sommer”), 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 th