Document:

curm_ex105.htm

EXHIBIT 10.5

 

FIRST AMENDMENT TO

SUBSCRIPTION ESCROW AGREEMENT

 

This First Amendment to the Subscription Escrow Agreement (the “Amendment”) is made as of January 31, 2014, by and among the Issuer, Depositor and Escrow Agent. This Amendment amends the Subscription Escrow Agreement by and among the Issuer, Depositor and Escrow Agent, dated as of December 30, 2013 (the “Agreement”). Capitalized terms used and not otherwise defined herein have the respective meanings ascribed to them in the Agreement.

 

The third recital of the Agreement is hereby amended to read in its entirety as follows:

 

WHEREAS, Units will be offered through April 14, 2014 (the “Offering Period”);

 

The Schedule 1 to the Agreement is hereby amended as follows:

 

	 	Name of Issuer:	CÜR Media, Inc. f/k/a Duane Street Corp.
	 	 	 
	 	Issuer Notice Address:	2217 New London Turnpike
	 	 	South Glastonbury, CT 06073
	 	 	 
	 	Depositor ID:	99-0375741
	 	 	 
	 	Escrow Deposit:	$7,000,000 maximum deposit, in whole or in part, plus any over-allotment

 

The Schedule 2 to the Agreement is hereby amended as follows:

 

	 	
FFC:

	
Duane Street Corp.: 79-2052 [insert Subscriber’s name]

 

	 	
FFC:

	
CÜR Media, Inc.; 79-2052 [insert Subscriber’s name]

 

	
  

	
The Schedule 3 to the Agreement is hereby amended as follows:

 

	
  

	
Issuer:

 

	Name	 	Telephone Number(s)
	 	 	 
	1. Thomas Brophy, CEO	 	860-430-1520
	 	 	 
	2. John Lack, Chairman	 	860-430-1520

  

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This Amendment may be executed in multiple counterparts, each of which may be executed by less than all of the parties and shall be deemed to be an original instrument which shall be enforceable against the parties actually executing such counterparts and all of which together shall constitute one and the same instrument. The exchange of copies of this Amendment and of signature pages by facsimile transmission or in pdf format shall constitute effective execution and delivery of this Amendment as to the parties and may be used in lieu of the original Amendment for all purposes. Signatures of the parties transmitted by facsimile or in pdf format shall be deemed to be their original signatures for all purposes.

 

This Amendment is hereby made part of and incorporated into the Subscription Escrow Agreement, with all the terms and conditions of the Agreement remaining in full force and effect, except to the extent modified hereby. The Parties agree for and on behalf of their respective party this 31st day of January, 2014.

 

 

SIGNATURE PAGE TO FOLLOW

 

  

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first set forth above.

 

 

	 	
CSC Trust Company of Delaware

as Escrow Agent

	 
	 	 	 	 
	 	
By: 

	/s/ Alan R. Halpern 	 
	 	Name:	Alan R. Halpern	 
	 	Title:	Vice President	 
	 	 	 	 
	 	 	 	 
	 	CÜR MEDIA, INC.	 
	 	 	 	 
	 	
By: 

	/s/ Thomas Brophy	 
	 	Name:	Thomas Brophy	 
	 	Title:	Chief Executive Officer	 
	 	 	 	 
	 	 	 	 
	 	DEPOSITOR	 
	 	 	 	 
	 	Gottbetter Capital Markets, LLC	 
	 	 	 	 
	 	
By: 

	/s/ Julio A. Marquez 	 
	 	Name:	Julio A. Marquez	 
	 	Title:	President	 

 

 

 

 

 

3curm_ex106.htm

EXHIBIT 10.6

 

SECOND AMENDMENT TO

SUBSCRIPTION ESCROW AGREEMENT

 

This Second Amendment to the Subscription Escrow Agreement (the “Amendment”) is made as of March 13, 2014, by and among the Issuer, Depositor and Escrow Agent. This Amendment amends the Subscription Escrow Agreement by and among the Issuer, Depositor and Escrow Agent, dated as of December 30, 2013, as amended January 31, 2014 (collectively herein referred to as the “Agreement”). Capitalized terms used and not otherwise defined herein have the respective meanings ascribed to them in the Agreement.

 

The first recital of the Agreement is hereby amended to read in its entirety as follows:

WHEREAS, the Issuer intends to offer and sell to investors in a private placement offering (the “Offering”) its units (the “Units”) with each Unit consisting of (i) one share of the Issuer’s common stock (“Common Stock”), and (ii) one warrant representing the right to purchase one share of Common Stock, exercisable for a period of five years at an exercise price of $33.007812 ($2.00 post-split) per whole share. The Offering will consist of a minimum of Four Million Dollars ($4,000,000) through the sale of 242,367 pre-split (4,000,000 post-split) Units (the “Minimum Amount”) and a maximum of Seven Million Dollars ($7,000,000 ) through the sale of 424,142 pre-split (7,000,000 post-split) Units (the “Maximum Amount”), at a purchase price of $16.503906 pre-split ($1.00 post-split) per Unit (the “Purchase Price”). In the event the Offering is oversubscribed, the Issuer may, in its discretion, sell additional Units up to Three Million Dollars ($3,000,000) through the sale of up to One Hundred Eighty One Thousand Seven Hundred Seventy Six (181,776 pre-split) or Three Million (3,000,000 post-split) (the “Over-Allotment”) at the same purchase price per Unit;

 

This Amendment may be executed in multiple counterparts, each of which may be executed by less than all of the parties and shall be deemed to be an original instrument which shall be enforceable against the parties actually executing such counterparts and all of which together shall constitute one and the same instrument. The exchange of copies of this Amendment and of signature pages by facsimile transmission or in pdf format shall constitute effective execution and delivery of this Amendment as to the parties and may be used in lieu of the original Amendment for all purposes. Signatures of the parties transmitted by facsimile or in pdf format shall be deemed to be their original signatures for all purposes.

 

This Amendment is hereby made part of and incorporated into the Subscription Escrow Agreement, with all the terms and conditions of the Agreement remaining in full force and effect, except to the extent modified hereby. The Parties agree for and on behalf of their respective party this 13th day of March, 2014.

 

SIGNATURE PAGE TO FOLLOW

 

  

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first set forth above.

 

 

	 	
CSC Trust Company of Delaware

as Escrow Agent

	 
	 	 	 	 
	 	
By: 

	/s/ Alan R. Halpern 	 
	 	Name:	Alan R. Halpern	 
	 	Title:	Vice President	 
	 	 	 	 
	 	 	 	 
	 	CÜR MEDIA, INC.	 
	 	 	 	 
	 	
By: 

	/s/ Thomas Brophy	 
	 	Name:	Thomas Brophy	 
	 	Title:	Chief Executive Officer	 
	 	 	 	 
	 	 	 	 
	 	DEPOSITOR	 
	 	 	 	 
	 	Gottbetter Capital Markets, LLC	 
	 	 	 	 
	 	
By: 

	/s/ Julio A. Marquez 	 
	 	Name:	Julio A. Marquez	 
	 	Title:	President	 

 

 

 

 

2curm_ex108.htm

EXHIBIT 10.8

 

FIRST AMENDMENT TO

PLACEMENT AGENCY AGREEMENT

 

This First Amendment to the Placement Agency Agreement (“Amendment”) is entered into as of the 31st day of January 2014, by and between CÜR Media, Inc. f/k/a Duane Street Corp. (“Company”) and Gottbetter Capital Markets, LLC (“Placement Agent”) and amends the Placement Agency Agreement dated December 30, 2013 (the “Agreement”).

 

The parties to the Agreement hereby amend and restate in its entirety Paragraph 5 of the Agreement to read as follows:

 

The Offering will be offered until the earlier of the time that the Maximum Amount plus any discretionary over-allotment are sold or until April 14, 2014 (the “Offering Period”).

 

This Amendment is hereby made part of and incorporated into the Agreement, with all the terms and conditions of the Agreement remaining in full force and effect, except to the extent modified hereby.

 

This Amendment may be executed in multiple counterparts, each of which may be executed by less than all of the parties and shall be deemed to be an original instrument which shall be enforceable against the parties actually executing such counterparts and all of which together shall constitute one and the same instrument. The exchange of copies of this Amendment and of signature pages by facsimile transmission or in pdf format shall constitute effective execution and delivery of this Amendment as to the parties and may be used in lieu of the original Amendment for all purposes. Signatures of the parties transmitted by facsimile or in pdf format shall be deemed to be their original signatures for all purposes.

 

IN WITNESS WHEREOF, this Amendment has been executed and delivered by the parties below effective as of the date first set forth above.

 

 

	 	CÜR MEDIA, INC.	 
	 	 	 	 
	 	
By: 

	/s/ Thomas Brophy	 
	 	Name:	Thomas Brophy	 
	 	Title:	Chief Executive Officer	 
	 	 	 	 
	 	 	 	 
	 	GOTTBETTER CAPITAL MARKETS, LLC	 
	 	 	 	 
	 	

By: 

	/s/ Julio A. Marquez 	 
	 	Name:	Julio A. Marquez	 
	 	Title:	Presidentcurm_ex109.htm

EXHIBIT 10.9

 

SECOND AMENDMENT TO

PLACEMENT AGENCY AGREEMENT

 

This Second Amendment to the Placement Agency Agreement (“Amendment”) is entered into as of the 13th day of March 2014, by and CÜR Media Inc., f/k/a Duane Street Corp. (“Company”) and Gottbetter Capital Markets, LLC (“Placement Agent”) and amends the Placement Agency Agreement dated December 30, 2013, as amended January 31, 2014 (collectively herein referred to as the “Agreement”).

 

The parties to the Agreement hereby amend and restate in its entirety Paragraph 2 of the Agreement to read as follows:

 

The Offering will consist of a minimum of Four Million Dollars ($4,000,000) through the sale of Two Hundred Forty Two Thousand Three Hundred Sixty Seven (242,367 pre-split) or Four Million (4,000,000 post-split) Units (the “Minimum Amount”) and a maximum of Seven Million Dollars ($7,000,000) through the sale of Four Hundred Twenty Four Thousand One Hundred Forty Three (424,143 pre-split) or Seven Million (7,000,000 post-split) Units (the “Maximum Amount”). In the event the Offering is oversubscribed, the Company, with the consent of the Placement Agent, may sell additional Units up to an amount no greater than Three Million Dollars ($3,000,000) through the sale of One Hundred Eighty One Thousand Seven Hundred Seventy Six (181,776 pre-split) or Three Million (3,000,000 post-split) Units (the “Over-allotment Option”). The Offering of the Units will be made by the Placement Agent and its selected dealers, with each Unit consisting of one (1) share of the Company’s Common Stock and a warrant to purchase one (1) share of the Company’s Common Stock at an exercise price per share of $33.007812 pre-split ($2.00 post-split), which warrant will be exercisable for a period of five (5) years from the date of issuance (the “Investor Warrants”). The Offering Price for the Units will be $16.503906 pre-split ($1.00 post-split) per Unit (the “Offering Price”).

 

This Amendment is hereby made part of and incorporated into the Agreement, with all the terms and conditions of the Agreement remaining in full force and effect, except to the extent modified hereby.

This Amendment may be executed in multiple counterparts, each of which may be executed by less than all of the parties and shall be deemed to be an original instrument which shall be enforceable against the parties actually executing such counterparts and all of which together shall constitute one and the same instrument. The exchange of copies of this Amendment and of signature pages by facsimile transmission or in pdf format shall constitute effective execution and delivery of this Amendment as to the parties and may be used in lieu of the original Amendment for all purposes. Signatures of the parties transmitted by facsimile or in pdf format shall be deemed to be their original signatures for all purposes.

 

SIGNATURE PAGE TO FOLLOW

 

  

1

  

 

IN WITNESS WHEREOF, this Amendment has been executed and delivered by the parties below effective as of the date first set forth above.

 

 

	 	CÜR MEDIA, INC.	 
	 	 	 	 
	 	
By: 

	/s/ Thomas Brophy	 
	 	Name:	Thomas Brophy	 
	 	Title:	Chief Executive Officer	 
	 	 	 	 
	 	 	 	 
	 	GOTTBETTER CAPITAL MARKETS, LLC	 
	 	 	 	 
	 	

By: 

	/s/ Julio A. Marquez 	 
	 	Name:	Julio A. Marquez	 
	 	Title:	President	 

 

 

 

 

 

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