Document:

Exhibit 10.11

 

 

ASSET PURCHASE AGREEMENT

 

This
Asset Purchase Agreement is entered into on October 8, 2014, between Capital Art, Inc., a Delaware Corporation (the “Buyer”),
and Movie Star News LLC, a Nevada Limited Liability Company (the “Seller”), which is owned by Iconz Art, LLC
and David Elkouby (the “Owner”).

 

The Seller has agreed to sell
and the Buyer has agreed to purchase the Purchased Assets as defined below.

 

The Owner owns 100% of the outstanding
equity of the Seller and has agreed to join in this agreement for the purpose of making certain representations and agreements.

 

Therefore, the parties agree
as follows:

 

1. Sale
of the Purchased Assets. Subject to the provisions set forth in this agreement, as of midnight at the beginning of the date
of this agreement (the “Effective Time”), the Seller hereby sells, conveys, assigns, and transfers to the Buyer
the assets set forth on Schedule 1 (the “Purchased Assets”) free and clear of any and all liens and encumbrances,
and the Buyer hereby accepts the sale, conveyance, assignment, and transfer of the Purchased Assets.

 

2. No
Other Assumption of Liabilities. The Buyer does not assume any obligation or liability of the Seller or the Owner, and the
Seller or the Owner or both, as applicable, will continue to be liable for any and all liabilities of the Seller or the Owner or
both. The Buyer does not assume any liability under the Assumed Contracts arising before the Effective Time. The Seller will not
be responsible for any liability that arises from the Buyer’s operation of the Business after the Effective Time.

 

3. Purchase
Price. The purchase price is 256,400,226 shares of restricted common stock of the Buyer for a value of $600,000 (the “Purchase
Price”). The Buyer shall pay the Purchase Price by issuing the shares within three (3) days of execution of this agreement.

 

4. Representations
and Warranties of Seller and Owner. The Seller and the Owner, jointly and severally, represent and warrant to the Buyer that
all of the representations and warranties set forth on Schedule 2 are true and correct in all respects as of the date of
this agreement.

 

5. Representations
and Warranties of Buyer. The Buyer represents and warrants to the Seller and Owner that all of the representations and warranties
set forth on Schedule 3 are true and correct in all respects as of the date of this agreement.

 

6. Survival.
Except as otherwise provided in this agreement, the representations and promises of the parties contained in this agreement
will survive (and not be affected in any respect by) the Effective Time for the applicable statute of limitations as well as any
investigation conducted by any party and any information which any party may receive.

 

7. Further
Actions. At any time and from time to time after the date of this agreement: (1) the Seller shall execute and deliver or cause
to be executed and delivered to the Buyer such other instruments and take such other action, all as the Buyer may reasonably request,
in order to carry out the intent and purpose of this agreement; and (2) the Buyer shall execute and deliver or cause to be executed
and delivered to the Seller such other instruments and take such other action, all as the Seller may reasonably request, in order
to carry out the intent and purpose of this agreement.

    	 

    	 

    

 

8. Governing
Law; Venue. This agreement and the transactions contemplated hereby will be construed in accordance with and governed by the
internal laws (without reference to choice or conflict of laws principles) of the State of Nevada. Any suit, action, or other proceeding
brought against any of the parties to this agreement or any dispute arising out of this agreement or the transactions contemplated
hereby must be brought either in the courts sitting in Clark County, Nevada and by its execution and delivery of this agreement,
each party accepts the jurisdiction of such courts and waives any objections based on personal jurisdiction or venue.

 

9. Assignment.
No party may assign either this agreement or any of its rights, interests, or obligations hereunder without the prior written approval
of each other party, except that the Buyer may assign any or all of its rights under this agreement, in whole or in part, without
obtaining the consent or approval of any other party, (1) to any current or future affiliate of the Buyer, (2) to any entity into
which the Buyer may be merged or consolidated, (3) in connection with any acquisition, restructuring, merger, conversion, or consolidation
to which the Buyer may be a party, or (4) to a lender to the Buyer or its affiliates as collateral security for current or future
obligations owed by the Buyer or its affiliates to the lender.

 

10. Notices.
All notices and other communications under this agreement must be in writing and given by first class mail, return receipt requested,
nationally recognized overnight delivery service, such as Federal Express, or personal delivery against receipt to the party to
whom it is given, in each case, at the party’s address set forth in this section 9 or such other address as the party may
hereafter specify by notice to the other parties given in accordance with this section. Any such notice or other communication
will be deemed to have been given as of the date the applicable delivery receipt for such communication is executed as received
or in the case of mail, three days after it is mailed.

 

If to the Seller or: _____

 

the Owner _____

 

_____

 

Attention: _____

 

If to the Buyer

Capital Art, Inc.

25 Quarterdeck

Marina del Rey, CA 92127

 

    	 

    	 

    

 

 

11. Miscellaneous.
This agreement contains the entire agreement between the parties with respect to the subject matter hereof and all prior negotiations,
writings, and understandings relating to the subject matter of this agreement are merged in and are superseded and canceled by,
this agreement. This agreement may not be modified or amended except by a writing signed by the parties. This agreement is not
intended to confer upon any person or entity not a party (or their successors and permitted assigns) any rights or remedies hereunder.
This agreement may be signed in any number of counterparts, each of which will be an original with the same effect as if the signatures
were upon the same instrument, and it may be signed electronically. The captions in this agreement are included for convenience
of reference only and will be ignored in the construction or interpretation hereof. If any date provided for in this agreement
falls on a day which is not a business day, the date provided for will be deemed to refer to the next business day. Any provision
in this agreement that is held to be invalid, illegal, or unenforceable in any respect by a court of competent jurisdiction will
be ineffective only to the extent of such invalidity, illegality, or unenforceability without affecting in any way the remaining
provisions hereof; provided, however, that the parties will attempt in good faith to reform this agreement in a manner consistent
with the intent of any such ineffective provision for the purpose of carrying out such intent. The Exhibits and Schedules to this
agreement are a material part of this agreement and are incorporated by reference herein.

 

[Signature page follows.]

 

 

 

 

 

 

 

 

 

 

 

 

    	 

    	 

    

 

Each of the undersigned has caused
this bill of sale and assignment and assumption agreement to be duly executed and delivered as of the date first written above.

 

 

BUYER:

 

/s/ Sean Goodchild

By: Sean Goodchild

Chief Executive Officer

 

 

 

SELLER:

 

/s/ Stuart Scheinman

By:      Movie Star News, LLC

Title:   Managing Partner

 

 

 

OWNER:

 

/s/ Stuart Scheinman

By:     Iconz, LLC

Title:   Managing Partner

 

 

 

 

 

    	 

    	 

    

 

 

Schedule 1

 

Purchased Assets

 

“Purchased
Assets” means The Movie Star News Archive consisting of approximately 100,000 negatives, certain other negatives
including the Bettie Page collection and approximately 1 million 8" by 10" Black & White Photographs.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 

    	 

    

 

Schedule 2

 

Representations and Warranties
of Seller and Owner

 

1. Consents.
The Seller is not required to obtain the consent of any party to a contract or any governmental entity in connection with the
execution, delivery, or performance by it of this agreement or the consummation of the transactions contemplated in this agreement.

 

2. Compliance
with Laws. With respect to the Purchased Assets of the Seller before the Effective Time, the Seller and its employees and officers
are, and at all times have been, in compliance in all material respects with each law applicable to the Seller related to the Purchased
Assets.

 

3. Litigation.
There are no claims or suits pending or, to the Seller’s knowledge, threatened by or against the Seller (1) relating
to or affecting the Purchased Assets or (2) by or against any employee of the Seller relating to or affecting the Purchased Assets.
There are no judgments, decrees, orders, writs, injunctions, rulings, decisions, or awards of any court or governmental body to
which the Seller is a party or is subject with respect to any of the Purchased Assets is subject.

 

4. Title;
Condition of Purchased Assets. The Seller has good and marketable title to all of the Purchased Assets free and clear of all
liens and encumbrances. Pursuant to this agreement, the Seller conveys to the Buyer good and marketable title to all of the Purchased
Assets, free and clear of all liens and encumbrances. The Inventory is salable in the ordinary course of business and consists
of items that are current, standard, and first-quality.

 

5. Product
Warranties. The Seller provides no express or implied warranty, indemnification, or guarantee to any of its customers at any
time. Each product sold relating to the Purchased Assets by the Seller is and has been sold or rendered, as applicable, in conformity
with all applicable contractual commitments and all express and implied warranties, and the Seller does not have any liability
(and there is no basis for any present or future proceeding) for replacement or repair thereof or other damages, liabilities, or
obligations in connection therewith.

 

 

 

 

 

 

 

 

 

 

    	 

    	 

    

 

Schedule 3

 

Representations and Warranties
of Buyer

 

1. Consents.
The Buyer is not required to obtain the consent of any party to a contract or any governmental entity in connection with the
execution, delivery, or performance by it of this agreement or the consummation of the transactions contemplated in this agreement.

 

2. Litigation.
There are no claims or suits pending or, to the Buyer’s knowledge, threatened by or against the Buyer. There are no judgments,
decrees, orders, writs, injunctions, rulings, decisions, or awards of any court or governmental body to which the Buyer is a party
or is subject.

 

3. Organization
And Standing; Certificate And Bylaws. The Company is a corporation duly organized and existing under, and by virtue of, the
laws of the State of Delaware and is in good standing under such laws. The Company has requisite corporate power to own and operate
its properties and assets, and to carry on its business as presently conducted and as proposed to be conducted.

 

4. Consulting
Agreements. Buyer has entered into a consulting agreement with ROAR LLC and ADL1 LLC pursuant to which such consultants will
receive 4,000,000 and 5,500,000 shares of Buyer’s Common Stock, respectively as full payment of all services, copies of which
are attached as Exhibits A and B, respectively.

 

5. Stock
Purchase Agreement. Buyer has executed an agreement, attached as Exhibit C, with ADL1 LLC to purchase 20,000,000 shares of
common stock of Buyer according to specific tranche dates.Exhibit 4.2

 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

 

TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO DTC, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF.

 

BY ITS ACQUISITION OF THIS SECURITY, THE HOLDER THEREOF WILL BE DEEMED TO HAVE REPRESENTED AND WARRANTED THAT EITHER (1) NO PORTION OF THE ASSETS USED BY SUCH HOLDER TO ACQUIRE OR HOLD THIS SECURITY OR ANY INTEREST HEREIN CONSTITUTES THE ASSETS OF AN EMPLOYEE BENEFIT PLAN THAT IS SUBJECT TO TITLE I OF THE U.S. EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OF A PLAN, INDIVIDUAL RETIREMENT ACCOUNT OR OTHER ARRANGEMENT THAT IS SUBJECT TO SECTION 4975 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “INTERNAL REVENUE CODE”) OR PROVISIONS UNDER ANY OTHER FEDERAL, STATE, LOCAL, NON-U.S. OR OTHER LAWS OR REGULATIONS THAT ARE SIMILAR TO SUCH PROVISIONS OF ERISA OR THE INTERNAL REVENUE CODE (“SIMILAR LAWS”), OR OF AN ENTITY WHOSE UNDERLYING ASSETS ARE CONSIDERED TO INCLUDE “PLAN ASSETS” OF ANY SUCH PLAN, ACCOUNT OR ARRANGEMENT, OR (2) THE ACQUISITION AND HOLDING OF THIS SECURITY OR ANY INTEREST HEREIN WILL NOT CONSTITUTE A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975 OF THE INTERNAL REVENUE CODE OR A SIMILAR VIOLATION UNDER ANY APPLICABLE SIMILAR LAWS.

 

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CUSIP 747301 AC3

ISIN US 747301AC32

 

GLOBAL NOTE

 

7.0% Senior Notes due 2022

 

	
No. U-1
    	
Up to $
    

 

QUAD/GRAPHICS, INC.

 

promises to pay to CEDE & CO. or registered assigns the principal sum set forth on the Schedule of Exchanges of Interests in the Global Note attached hereto, on May 1, 2022.

 

Interest Payment Dates:  May 1 and November 1

 

Record Dates:  April 15 and October 15

 

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IN WITNESS HEREOF, the Company has caused this instrument to be duly executed.

 

Dated:

 

	
 
    	
QUAD/GRAPHICS, INC.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

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CERTIFICATE OF AUTHENTICATION

 

This is one of the Notes referred to in the within-mentioned Indenture:

 

 

	
 
    	
U.S. BANK NATIONAL ASSOCIATION,   as Trustee
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Authorized Signatory
    

 

 

Dated:

 

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Reverse Side of Note

 

7.0% Senior Notes due 2022

 

Capitalized terms used herein shall have the meanings assigned to them in the Indenture referred to below unless otherwise indicated.

 

1.                                      INTEREST.  Quad/Graphics, Inc., a Wisconsin corporation (the “Company”), promises to pay interest on the principal amount of this Note at 7.0% per annum until but excluding maturity.  The Company shall pay interest semi-annually in arrears on May 1 and November 1 of each year, or if any such day is not a Business Day, on the next succeeding Business Day (each, an “Interest Payment Date”).  Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from and including April 28, 2014; provided that the first Interest Payment Date shall be November 1, 2014.  The Company shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium, if any, from time to time on demand at the interest rate on the Notes to the extent lawful; it shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the interest rate on the Notes to the extent lawful.  Interest shall be computed on the basis of a 360-day year comprised of twelve 30-day months.

 

2.                                      METHOD OF PAYMENT.  The Company shall pay interest on the Notes to the Persons who are registered holders of Notes at the close of business on the April 15 or October 15 (whether or not a Business Day), as the case may be, immediately preceding the related Interest Payment Date, even if such Notes are canceled after such Record Date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest.  Principal, premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose or, at the option of the Company, payment of interest and premium, if any, may be made by check mailed to the Holders at their respective addresses set forth in the Note Register; provided that payment by wire transfer of immediately available funds shall be required with respect to principal, premium, if any, and interest on all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Company or the Paying Agent at least five Business Days prior to the applicable payment date.  Such payment shall be in such coin or currency of the United States as at the time of payment is legal tender for payment of public and private debts.

 

3.                                      PAYING AGENT AND REGISTRAR.  Initially, U.S. Bank National Association, the Trustee under the Indenture, shall act as Paying Agent and Registrar.  The Company may change any Paying Agent or Registrar without notice to the Holders.  The Company or any of its Restricted Subsidiaries may act in any such capacity.

 

4.                                      INDENTURE.  The Company issued the Notes under an Indenture, dated as of April 28, 2014 (as amended or supplemented from time to time, the “Indenture”), among the Company, the Guarantors named therein and the Trustee.  This Note is one of a duly authorized issue of notes of the Company designated as its 7.0% Senior Notes due 2022.  The Company shall be entitled to issue Additional Notes pursuant to Section 2.01 and 4.09 of the Indenture.  The Notes and any Additional Notes issued under the Indenture shall be treated as a single class of securities under the Indenture.  The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended.  The Notes are subject to all such terms, and Holders are referred to the Indenture and the Trust Indenture Act for a statement of such terms.  Any term used in this Note that is defined in the Indenture shall have the meaning assigned to it in the Indenture.  To the extent

 

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any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling.

 

5.                                      REDEMPTION AND REPURCHASE.  The Notes are subject to optional redemption, and may be the subject of an Offer to Purchase, as further described in the Indenture.  The Company shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes.

 

6.                                      DENOMINATIONS, TRANSFER, EXCHANGE.  The Notes are in registered form without coupons in denominations of $2,000 and integral multiples of $1,000 in excess thereof.  The transfer of Notes may be registered and Notes may be exchanged as provided in the Indenture.  The Registrar and the Trustee may require a Holder, among other things, to furnish appropriate endorsements and transfer documents, and Holders shall be required to pay any taxes and fees required by law or permitted by the Indenture.  The Company need not exchange or register the transfer of any Note or portion of a Note selected for redemption or tendered for repurchase in connection with an Offer to Purchase, except for the unredeemed portion of any Note being redeemed or repurchased in part.

 

7.                                      PERSONS DEEMED OWNERS.  The registered Holder of a Note may be treated as its owner for all purposes.

 

8.                                      AMENDMENT, SUPPLEMENT AND WAIVER.  The Indenture, the Note Guarantees or the Notes may be amended or supplemented, and provisions in the Indenture, the Note Guarantees or the Notes may be waived, in each case, as provided in the Indenture.

 

9.                                      DEFAULTS AND REMEDIES.  The Events of Default relating to the Notes are defined in Section 6.01 of the Indenture.  Upon the occurrence of an Event of Default, the rights and obligations of the Company, the Guarantors, the Trustee and the Holders shall be as set forth in the applicable provisions of the Indenture.

 

10.                               AUTHENTICATION.  This Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose until authenticated by the manual signature of the Trustee.

 

11.                               ADDITIONAL RIGHTS OF HOLDERS OF TRANSFER RESTRICTED NOTES.  In addition to the rights provided to Holders under the Indenture, Holders of Transfer Restricted Notes shall have all the rights set forth in a Registration Rights Agreement, including the right to receive Additional Interest.

 

12.                               GOVERNING LAW.  THIS NOTE WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 

13.                               CUSIP AND ISIN NUMBERS.  Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company has caused CUSIP and ISIN numbers to be printed on the Notes, and the Trustee may use CUSIP and ISIN numbers in notices of redemption as a convenience to Holders.  No representation is made as to the accuracy of such numbers either as printed on the Notes or as contained in any notice of redemption and reliance may be placed only on the other identification numbers placed thereon.

 

The Company shall furnish to any Holder upon written request and without charge a copy of the Indenture and the Registration Rights Agreement.  Requests may be made to the Company at the following address:

 

A-6

 

c/o Quad/Graphics, Inc.

N61 W23044 Harry’s Way

Sussex, WI 53089

Fax No.: (414) 566-9416)

Email: jennifer.kent@qg.com

Attention: Jennifer J. Kent

 

A-7

 

ASSIGNMENT FORM

 

To assign this Note, fill in the form below:

 

	
(I) or (we) assign   and transfer this Note to:
    	
 
    
	
 
    	
(Insert assignee’s legal name)
    

                                                                                                                                                                                                                                                

(Insert assignee’s soc. sec. or tax I.D. no.)

                                                                                                                                                                                                                                                

                                                                                                                                                                                                                                                

                                                                                                                                                                                                                                                

(Print or type assignee’s name, address and zip code)

 

and irrevocably appoint                                                                                                                                                                         to transfer this Note on the books of the Company.  The agent may substitute another to act for him.

 

	
Date:
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Your Signature:
    	
 
    
	
 
    	
 
    	
 
    	
(Sign exactly as your name appears on   the face of this Note)
    

 

	
Signature Guarantee*:
    	
 
    	
 
    	
 
    

 

* Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee).

 

A-8

 

CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR
 REGISTRATION OF TRANSFERS OF TRANSFER RESTRICTED NOTES

 

This certificate relates to $          principal amount of Notes held in (check applicable space)      book-entry or       definitive form by the undersigned.

 

The undersigned (check one box below):

 

 ̈                                    has requested the Trustee by written order to deliver in exchange for its beneficial interest in a Global Note held by the Depositary a Note or Notes in definitive, registered form of authorized denominations and an aggregate principal amount equal to its beneficial interest in such Global Note (or the portion thereof indicated above) in accordance with the Indenture; or

 

 ̈                                    has requested the Trustee by written order to exchange or register the transfer of a Note or Notes.

 

In connection with any transfer of any of the Notes evidenced by this certificate, the undersigned confirms that such Notes are being transferred in accordance with its terms:

 

CHECK ONE BOX BELOW

 

(1)                                  ̈                                    to the Company or subsidiary thereof; or

 

(2)                                  ̈                                    to the Registrar for registration in the name of the Holder, without transfer; or

 

(3)                                  ̈                                    pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “Securities Act”); or

 

(4)                                  ̈                                    to a Person that the undersigned reasonably believes is a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act (“Rule 144A”)) that purchases for its own account or for the account of a qualified institutional buyer and to whom notice is given that such transfer is being made in reliance on Rule 144A, in each case pursuant to and in compliance with Rule 144A; or

 

(5)                                  ̈                                    pursuant to offers and sales to non-U.S. persons that occur outside the United States within the meaning of Regulation S under the Securities Act (and if the transfer is being made prior to the expiration of the Distribution Compliance Period, the Notes shall be held immediately thereafter through Euroclear or Clearstream); or

 

(6)                                  ̈                                    to an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act) that has furnished to the Trustee a signed letter containing certain representations and agreements; or

 

(7)                                  ̈                                    pursuant to Rule 144 under the Securities Act; or

 

(8)                                  ̈                                    pursuant to another available exemption from registration under the Securities Act.

 

Unless one of the boxes is checked, the Trustee will refuse to register any of the Notes evidenced by this certificate in the name of any Person other than the registered Holder thereof; provided, however, that if box (5), (6), (7) or (8) is checked, the Company or the Trustee may require, prior

 

A-9

 

to registering any such transfer of the Notes, such legal opinions, certifications and other information as the Company or the Trustee has reasonably requested to confirm that such transfer is being made pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

 

 

	
 
    	
 
    	
 
    
	
 
    	
 
    	
Your Signature
    
	
 
    	
 
    	
 
    
	
Date:
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Signature of   Signature
   Guarantor
    
				

 

TO BE COMPLETED BY PURCHASER IF (4) ABOVE IS CHECKED.

 

The undersigned represents and warrants that it is purchasing this Note for its own account or an account with respect to which it exercises sole investment discretion and that it and any such account is a “qualified institutional buyer” within the meaning of Rule 144A, and is aware that the sale to it is being made in reliance on Rule 144A and acknowledges that it has received such information regarding the Company as the undersigned has requested pursuant to Rule 144A or has determined not to request such information and that it is aware that the transferor is relying upon the undersigned’s foregoing representations in order to claim the exemption from registration provided by Rule 144A.

 

	
Dated:
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
NOTICE:
    	
To be executed   by
    
	
 
    	
 
    	
 
    	
an executive   officer
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
	
 
    	
 
    	
 
    
	
Signature Guarantee*:
    	
 
    	
 
    	
 
    
						

 

*     Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee).

 

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TO BE COMPLETED IF THE HOLDER REQUIRES AN EXCHANGE FROM A 
 REGULATION S GLOBAL NOTE TO AN UNRESTRICTED GLOBAL NOTE, 
 PURSUANT TO SECTION 2.2(d)(iii) OF APPENDIX A TO THE INDENTURE

 

The undersigned represents and warrants that either:

 

 ̈                                    the undersigned is not a dealer (as defined in the Securities Act) and is a non-U.S. person (within the meaning of Regulation S under the Securities Act); or

 

 ̈                                    the undersigned is not a dealer (as defined in the Securities Act) and is a U.S. person (within the meaning of Regulation S under the Securities Act) who purchased interests in the Notes pursuant to an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act; or

 

 ̈                                    the undersigned is a dealer (as defined in the Securities Act) and the interest of the undersigned in this Note does not constitute the whole or a part of an unsold allotment to or subscription by such dealer for the Notes.

 

 

	
Dated:
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Your Signature
    

 

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OPTION OF HOLDER TO ELECT PURCHASE

 

If you want to elect to have this Note purchased by the Company pursuant to Section 4.15 or Section 4.16 of the Indenture, check the appropriate box below:

 

o Section 4.15              o Section 4.16

 

If you want to elect to have only part of this Note purchased by the Company pursuant to Section 4.15 or Section 4.16 of the Indenture, state the amount you elect to have purchased:

 

	
 
    	
$
    	
(integral multiples of $1,000,
    
	
 
    	
provided that the unpurchased
    
	
 
    	
portion must be in a minimum
    
	
 
    	
principal amount of $2,000)
    

 

	
Date:
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Your Signature:
    	
 
    
	
 
    	
 
    	
 
    	
(Sign exactly as your name appears on   the face of this Note)
    
	
 
    	
 
    	
Tax Identification No.:
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Signature Guarantee*:
    	
 
    	
 
    	
 
    
							

 

* Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee).

 

A-12

 

SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE

 

The initial outstanding principal amount of this Global Note is $                 .  The following exchanges of a part of this Global Note for an interest in another Global Note or for a Definitive Note, or exchanges of a part of another Global Note or Definitive Note for an interest in this Global Note, have been made:

 

	
Date of Exchange
    	
 
    	
Amount of decrease
   in Principal Amount of
   this Global Note
    	
 
    	
Amount of
   increase
   in Principal
   Amount of
   this
   Global Note
    	
 
    	
Principal
   Amount of
   this Global 
   Note
   following
   such
   decrease or 
   increase
    	
 
    	
Signature of
   authorized signatory
   of Trustee,
   Depositary or
   Custodian
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

A-13

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00240-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00240-of-00352.parquet"}]]