Document:

ex105.htm

Exhibit 10.5

 

SERIES A CONVERTIBLE PREFERRED STOCK PURCHASE AGREEMENT

This Series A Convertible Preferred Stock Purchase Agreement (this “Agreement”), dated as of August 27, 2014, is entered into by and between Gust C. Kepler (“Purchaser”) and Tiger Trade Technologies, Inc., a Texas corporation (“Company”).

 

WHEREAS, Purchaser desires to purchase from the Company, and the Company desires to issue and sell to Purchaser, 5,000,000 shares (the “Shares”) of the Company’s Series A Convertible Preferred Stock, having a par value of one-tenth of a cent ($0.001) per share (the “Preferred Stock”), on the terms and conditions set forth in this Agreement.

 

NOW THEREFORE, in consideration of the promises and respective mutual agreements herein contained, it is agreed by and between the parties hereto as follows.

 

ARTICLE 1

SALE AND PURCHASE OF THE SHARES

1.1 Sale of the Shares.  Subject to the terms and conditions herein set forth, on the basis of the representations, warranties and agreements herein contained, at the Closing (defined below) on the date hereof, Company hereby issues, sells, assigns, transfers and delivers the Shares to Purchaser, and Purchaser hereby purchases the Shares from the Company.

 

1.2 The Closing.  The purchase of the Shares shall take place at the office of the Company or such other place as Purchaser and Company may mutually agree contemporaneous with the execution hereof “Closing Date”.

 

1.3 Delivery of Certificates.  At the Closing, the Company shall deliver one or more certificates representing the Shares to Purchaser in form and substance satisfactory to Purchaser (“Certificates”), as shall be effective to vest in Purchaser all right, title and interest in and to all of the Shares.

 

1.4 Consideration and Payment for the Shares.  In consideration for the Shares, Purchaser shall pay the Company $5,000.00 (the “Purchase Price”).

 

ARTICLE 2

REPRESENTATIONS AND WARRANTIES OF THE COMPANY

The Company represents, warrants and undertakes to the Purchaser that:

2.1           Due Organization.  The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Texas with full power and authority to own, lease, use and operate its properties and to carry on its business as and where now owned, leased, used, operated and conducted.  The Company has no subsidiaries.  The Company is not qualified to conduct business in any jurisdiction other than the States of Texas. All actions taken by the current directors and stockholders of the Company have been valid and in accordance with the laws of the State of Texas, and all actions taken by the Company have been duly authorized by the current directors and stockholders of the Company as appropriate.

2.2           Company Authority.  The Company has all requisite corporate power and authority to enter into and perform this Agreement and to consummate the transactions contemplated herein.

2.3           Due Authorization.  The execution, delivery and performance by the Company of this Agreement has been duly and validly authorized and no further consent or authorization of the Company, its Board of Directors or its stockholders is required.

2.4           Valid Execution. This Agreement has been duly executed and delivered by the Company.

 

 

  

  

  

2.5           Binding Agreement.  This Agreement constitutes, and upon execution and delivery thereof by the Company will constitute, a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditor’s rights generally or the availability of equitable remedies.

2.6           No Violation of Corporate Documents or Agreements.  The execution and delivery of this Agreement by the Company and the performance by the Company of its obligations hereunder will not cause, constitute, or conflict with or result in (i) any breach or violation, or give rise to a right of termination, cancellation or acceleration of any obligation or to loss of a material benefit under, or to increased, additional, accelerated or guaranteed rights or entitlements of any person under any of the provisions of, or constitute a default under, any license, indenture, mortgage, charter, instrument, certificate of incorporation, bylaw, judgment, order, decision, writ, injunction or decree or other agreement or instrument or proceeding to which the Company is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those contemplated hereby be required, or (ii) an event that would result in the creation or imposition or any lien, charge or encumbrance on any asset of the Company or on the securities of the Company to be acquired by Purchaser.

2.7           Authorized Capital, No Preemptive Rights, No Liens.  As of the date hereof, the authorized capital of the Company is 110,000,000 shares, of which 100,000,000 are Common Shares, having a par value of one-tenth of a cent ($0.001) per share, and of which 10,000,000 are Preferred Shares having a par value of one-tenth of a cent ($0.001) per share, 5,000,000 of which have been designated as Series A Convertible Preferred Stock.  No shares of capital stock of the Company are subject to preemptive rights or similar rights of the stockholders of the Company or any liens or encumbrances imposed through the actions or failure to act of the Company, or otherwise.  The Company has furnished to Purchaser true and correct copies of the Company’s Certificate of Formation, as amended, and Bylaws.

2.8           No Governmental Action Required.  The execution and delivery by the Company of this Agreement does not and will not, and the consummation of the transactions contemplated hereby will not, require any action by or in respect of, or filing with, any governmental body, agency or governmental official.

2.9           Compliance with Applicable Law and Corporate Documents.  The execution and delivery by the Company of this Agreement and the performance by the parties hereto of the transactions contemplated hereby does not and will not contravene or constitute a default under or violation of (i) any provision of applicable law or regulation, (ii) the Company’s Certificate of Formation, as amended, or Bylaws, or (iii) any agreement, judgment, injunction, order, decree or other instrument binding upon the Company or any of its assets, or result in the creation or imposition of any lien on any asset of the Company.  To the best of its knowledge, the Company is in compliance with and conforms to all statutes, laws, ordinances, rules, regulations, orders, restrictions and all other legal requirements of any domestic or foreign government or any instrumentality thereof having jurisdiction over the conduct of its businesses or the ownership of its properties.

ARTICLE 3

REPRESENTATIONS AND WARRANTIES OF PURCHASER

Purchaser represents and warrants that the following are true and correct as of the date hereof and will be true and correct through the Closing Date as if made on that date:

3.1           Agreement’s Validity. This Agreement has been duly executed and delivered by Purchaser and constitutes a legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors’ rights generally or the availability of equitable remedies.

3.2           Investment Intent. Purchaser is acquiring the Shares for his own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof.

3.3           Restricted Securities.  Purchaser understands that the Shares have not been registered pursuant to the Securities Act of 1933, as amended (the “Securities Act”), or any applicable state securities laws, that the Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

 

 

  

  

  

3.4           Legend. It is agreed and understood by Purchaser that the Certificates representing the Shares shall each conspicuously set forth on the face or back thereof a legend in substantially the following form:

 

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY APPLICABLE STATE SECURITIES LAWS. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THE SECURITIES UNDER SAID ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM REGISTRATION OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

 

3.5           Disclosure of Information. Purchaser is a director and executive officer of the Company and acknowledges that he has been furnished with information regarding the Company and its business, assets, results of operations, and financial condition to allow Purchaser to make an informed decision regarding an investment in the Shares.  Purchaser represents that he has had an opportunity to ask questions of and receive answers from the Company regarding the Company and its business, assets, results of operation, and financial condition.

 

ARTICLE 4

MISCELLANEOUS

 

4.1           Entire Agreement.  This Agreement sets forth the entire agreement and understanding of the parties hereto with respect to the transactions contemplated hereby, and supersedes all prior agreements, arrangements and understanding related to the subject matter hereof. No understanding, promise, inducement, statement of intention, representation, warranty, covenant or condition, written or oral, express or implied, whether by statute or otherwise, has been made by any party hereto which is not embodied in this Agreement or the written statement, certificates, or other documents delivered pursuant hereto or in connection with the transactions contemplated hereby, and no party hereto shall be bound by or liable for any alleged understanding, promise, inducement, statement, representation, warranty, covenant or condition not set forth.

 

4.2           Governing Law.  This Agreement shall be governed in all respects, including validity, construction, interpretation and effect, by the laws of the State of Texas (without regard to principles of conflicts of law).

 

4.3           Consent to Jurisdiction.  Each party irrevocably submits to the exclusive jurisdiction of the appropriate state or federal court in the State of Texas for the purposes of any suit, action or other proceeding arising out of this Agreement or any transaction contemplated hereby or thereby.  Each party agrees to commence any such action, suit or proceeding in Dallas, Texas.

 

4.4           Counterparts.  This Agreement may be executed by the parties hereto in separate counterparts each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

4.5           Binding Effect; No Assignment, No Third-Party Rights.  This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns.  This Agreement is not assignable without the prior written consent of each of the parties hereto or by operation of law.  This Agreement is for the sole benefit of the parties hereto and their permitted assigns, and nothing herein, expressed or implied, shall give or be construed to give to any person, including any union or any employee or former employee of the Company, any legal or equitable rights, benefits or remedies of any nature whatsoever, including any rights of employment for any specified period, under or by reason of this Agreement.

 

 

  

  

  

 

4.6           Further Assurances.  Each party shall, at the request of the other party, at any time and from time to time following the Closing Date promptly execute and deliver, or cause to be executed and delivered, to such requesting party all such further instruments and take all such further action as may be reasonably necessary or appropriate to carry out the provisions and intents of this Agreement and of the instruments delivered pursuant to this Agreement.

 

4.7           Severability of Provisions.  If any provision or any portion of any provision of this Agreement or the application of any such provision or any portion thereof to any person or circumstance, shall be held invalid or unenforceable, the remaining portion of such provision and the remaining provisions of the Agreement, or the application of such provision or portion of such provision is held invalid or unenforceable to person or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and such provision or portion of any provision as shall have been held invalid or unenforceable shall be deemed limited or modified to the extent necessary to make it valid and enforceable, in no event shall this Agreement be rendered void or unenforceable.

 

4.8           Captions.  All section titles or captions contained in this Agreement are for convenience only, shall not be deemed a part of this Agreement and shall not affect the meaning or interpretation of this Agreement. All references herein to sections shall be deemed references to such parts of this Agreement, unless the context shall otherwise require.

 

 

***Signature Page Follows***

 

 

 

 

 

  

  

  

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement, as of the date first written herein above.

 

 

	 	 
TIGER TRADE TECHNOLOGIES, INC.

By: /s/ Gust C. Kepler

Gust C. Kepler, President

  

  

  

  

  

/s/ Gust C. Kepler

Gust C. Keplerex106.htm

Exhibit 10.6

 

CONSULTING AGREEMENT

 

This Consulting Agreement (the "Agreement") is made and entered into this 28th day of April 2014, by and between G2 International, Inc, a Texas corporation ("G2") and Tiger Trade Technologies, Inc. a Texas corporation (the "Client").

 

RECITALS

 

	
A.  

	
G2 is experienced in matters regarding mergers, acquisitions and tender offers for publicly held companies, including, regulatory matters as they pertain to the Securities and Exchange Commission (the "SEC") and other general corporate matters.

	
B.  

	
G2 is experienced in the area of business development including but not limited to trademarks, branding, patent law, product development, and intellectual property protection.

	
C.  

	
G2 is willing to provide consulting services to the Client on the terms and conditions of this Agreement.

	
D.  

	
Client is willing to engage G2 as an independent contractor, and not as an employee, on the terms and conditions set forth herein.

 

NOW, THEREFORE, for and in consideration of the mutual promises and covenants set forth herein and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:

 

	
  

	
1. G2 Retained. The Client hereby retains G2, and G2 hereby agrees to make its key employees available to render advice and reasonable assistance to the Client under the terms and conditions hereinafter set forth.

 

	
  

	
2. Duties. During the term of this Agreement, the duties set forth in this Section 2 shall be performed as follows

	
a.  

	
G2 shall advise and reasonably assist the Client in a possible restructuring of, merger of and/or acquisition of additional companies and/or divisions of the Company; and

	
b.  

	
Assist in analyzing and evaluating the business, business development and operations, and financial position of the company; and

	
c.  

	
Assist in analyzing, evaluating and reorganizing the capital structure of the company.

 

	
  

	
3. Compensation. In consideration for G2 entering into this Agreement and for the services to be rendered hereunder, the Client shall pay to G2 (dba IPA Tech Group) the sum of $8,500.00 per month.

 

	
  

	
4. Expenses. Out of pocket expenses incurred by G2 in excess of $100 are to be authorized by the Client in advance in writing and shall be reimbursed by the Client to G2. No advance authorization is necessary for out of pocket expenses incurred by G2 for less than $100 and shall also be reimbursed by the Client to G2. The Client understands that in some cases the provider of certain services and goods may ask for payment in advance and for certain major disbursements, and in such case invoices from outside providers will be sent directly to the Client.

 

 

  

  

  

 

	
5.  

	
Term. This Agreement shall commence on the execution date of this Agreement and shall continue for a term of one year, unless terminated earlier pursuant to Section 6 below. G2 and the Client may negotiate to extend the term of this Agreement and terms and conditions under which the relationship shall continue.

 

	
6.  

	
Termination. This Agreement shall terminate:

 

	
(A)  

	
if there has been a material breach of this Agreement and such breach has not been cured by the breaching party on or before thirty days from the date of the receipt of a written notice of the breach from the non-breaching party;

	
(B)  

	
Upon the mutual written agreement of the parties.

 

	
7.  

	
 Remedies. Upon termination of this Agreement for any reason, this Agreement shall become null and void and have no further force or effect. G2 shall mail to the Client all documents in its possession or control concerning the Client, as the Client shall request. If this Agreement is terminated by reasons of the breach of any provision hereof, the non-breaching party may pursue any and all remedies at law or in equity.

 

	
8.       

	
Accuracy of Information and Indemnification. The Client agrees to furnish to G2 truthful and accurate information in all material respects. The Client agrees to cooperate with G2 in the performance of G2's consulting services. The Client agrees to indemnify and hold harmless G2 from any loss, liability, damages, costs and expenses (including attorneys' and other professional fees) that G2 may incur as a result of the Client furnishing to G2 any untruthful or inaccurate information. G2 agrees to furnish to the Client truthful and accurate information in all material respects. G2 agrees to indemnify and hold harmless the Client form any loss, liability, damages, costs and expenses (including attorneys' and other professional fees) that the Client may incur as a result of G2 furnishing to the Client any untruthful or inaccurate information.

 

	
9.       

	
Miscellaneous

 

	(A)	 
Assignability. Unless otherwise agreed to in writing by both parties hereto, the rights, obligations and benefits established by this Agreement shall be non-assignable by either of the parties hereto and any such attempt of assignment shall be null and void and of no effect whatsoever.

	(B)  	 
Relationship of the Parties. The management and employees of G2 shall not be considered employees of the Client. Furthermore, the parties agree that G2 shall not be deemed to be an employee, servant, partner or joint venture of the Client. G2 shall be considered an independent contractor for all purposes.

	(C)  	 
Entire Agreement. This Agreement contains the entire agreement of the parties regarding the subject matter hereof, and supersedes all prior agreements and understandings, both written and oral, among the parties, or any of them, with respect to the subject matter hereof.

	(D)  	 
Waiver of Breach. The waiver by either party of a breach of any provision of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by the other party.

 

 

 

  

  

  

 

	(E)  	 
Construction of Language. I he language used in this Agreement shall be construed as a whole according to its fair meaning, and not strictly for nor against either party.

	(F)  	 
Captions and Headings. The paragraph headings throughout this Agreement are for convenience and reference only, and shall in no way be deemed to define, limit or add to the meaning of any provision of this Agreement.

	(G)  	 
State Law. The laws of the State of Texas shall govern this Agreement, its interpretation and its application.

	(H)  	 
Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. Execution and delivery of this Agreement by exchange of facsimile copies bearing facsimile signature of a party shall constitute a valid and binding execution and delivery of this Agreement by such party. Such facsimile copies shall constitute enforceable original documents.

	(I)  	 
Costs. In the event of any legal proceeding between any of the parties to enforce or defend the terms and rights set forth in this Agreement, the prevailing party or parties shall be paid all reasonable costs of such legal proceeding, including but not limited to, attorneys' fees by the other party or parties.

	(J)  	 
Notices and Waivers. Any notice or waiver required or permitted to be given by the parties hereto shall be in writing and shall be deemed to have been given, when delivered, 3 business days after being mailed by certified or registered mail, faxed during regular business hours of the recipient and there is confirmation of receipt, or sent by prepaid full rate telegram to the following addresses:

 

 

	 	To G2: 	To the Client: 
	 	Gust Kepler, President 	Gust Kepler, President 
	 	G2 International, Inc. 	Tiger Trade Technologies, Inc. 
	 	5430 LBJ Freeway 	5430 LBJ Freeway 
	 	Suite 1485 	Suite 1485 
	 	Dallas, Texas 75240 	Dallas, Texas 75240 

 

IN WITNESS WHERE OF, the parties have executed this Agreement to be effective as of the day and year first above written notwithstanding the actual date of signatures.

 

	G2 International, Inc. 	Tiger Trade Technologies, Inc. 
	 	 	 	 
	 	 	 	 
	By:	/s/ Gust Kepler	By:	/s/ Gust Kepler
	 	Gust Kepler, President 	 	Gust Kepler, President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00252-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00252-of-00352.parquet"}]]