Unassociated Document


     

    Mr. David
Meck

    


    Re:           Purchase of 12% Convertible
Promissory Note

    


    Dear Mr.
Meck:

    


    We make reference to that certain Note
Purchase Agreement dated the date hereof pursuant to which Tiga Energy Services,
Inc. (the "Company") has
agreed to sell to you, and you have agreed to purchase from us (the "Purchase Agreement"), on the
terms and subject to conditions thereof, a Convertible Promissory Note in the
principal amount of $250,000 bearing interest at the rate of 12% per annum,
payable two years from the date hereof, subject to the terms and conditions
included therein (the "Note").

    


    We appreciate your willingness to take
the role of "lead investor" in a possible sale of additional convertible
promissory notes by us to third parties, and in recognition of your commitment
and as a further inducement to your purchase of the Note, we hereby agree to
issue to you the following warrants (collectively, the "Warrants") to purchase shares
of the Company's common stock, no par value per share ("Common Stock"):

    


    1. A warrant to purchase up to 250,000
shares of Common Stock for a period commencing on the date hereof and expiring
on the second anniversary of the date hereof at an exercise price of $2.50 per
share, the form of which is attached hereto as Exhibit A (the "Two-Year
Warrant");

    


    2. A warrant to purchase up to 125,000
shares of Common Stock for a period commencing on the date hereof and expiring
on the date that is 180 days from the date hereof at an exercise price of $2.00
per share, the form of which is attached hereto as Exhibit B (the "Six-Month
Warrant");

    


    3. Upon exercise of the Six-Month
Warrant and payment for the shares of Common Stock issuable thereunder in
accordance with the terms thereof, the Company shall issue to you a Warrant to
purchase up to 250,000 shares of Common Stock for a period of two years
commencing on the date on which you exercise the Six-Month Warrant at an
exercise price of $2.50 per share (the "Contingent Warrant"), which
shall be, in all material respects, identical to the Two-Year Warrant, other
than with respect to the term of exercise thereof.

    


    We agree that the shares of Common
Stock issuable upon exercise of the Warrants ("Warrant Shares") shall have
the piggy back registration rights provided to you in Section 4.7 of the
Purchase Agreement with respect to the shares of Common Stock issuable upon
conversion of the Note and you agree that the piggy back registration rights
with respect to the Warrant Shares shall be subject to all of the terms and
conditions of said Section 4.7.

    


    In connection with the issuance of the
Warrants to you and the possible issuance of Warrant Shares upon exercise of the
Warrants, you hereby confirm, as if made herein, all of the representations,
warranties and covenants made by you in Article 3 of the Purchase Agreement,
which such representations, warranties and covenants are incorporated herein by
reference.

    


    Please denote your acceptance of the
terms hereof by countersigning this letter agreement in the space provided
therefor below.

     

    
      
        	 	      
                TIGA
      ENERGY SERVICES, INC.

              	 
	 	 	 	 
	
                 

              	
                By:
      

              	/s/
      Michael Hathaway	 
	 	 	Name:
      Michael Hathaway	 
	 	 	Title:  
      President	 
	 	 	 	 


      

    

     

    AGREED TO
AND ACCEPTED

    THIS
16th
DAY OF JUNE 2010

    DAVID
MECK

    


    /s/ David Meck