Document:

Series B Stock Purchase Agreement

 Exhibit 10.2 
 AONEX TECHNOLOGIES 
 SERIES B PREFERRED STOCK PURCHASE AGREEMENT 
 May 5, 2008 

 SERIES B PREFERRED STOCK PURCHASE AGREEMENT 
 THIS SERIES B PREFERRED STOCK PURCHASE AGREEMENT (this “Agreement”) is made on the 5th day of May, 2008, among Aonex
Technologies, a California corporation (the “Company”), and Arrowhead Research Corporation, a Delaware corporation (“Investor”). 
 THE PARTIES HEREBY AGREE AS FOLLOWS: 
 1.
Purchase and Sale of Stock. 
 1.1 Sale and Issuance of Series B Preferred Stock. 
 (a) The Company shall adopt and file with the Secretary of State of the State of California on or before the Closing (as defined below) the Amended and
Restated Certificate of Incorporation in the form attached hereto as Exhibit A (the “Restated Certificate”). 
 (b) Subject to the terms and conditions of this Agreement, Investor agrees to purchase at the Closing (as defined herein) and the Company agrees to sell and issue to Investor at the Closing, two million nine hundred sixty six thousand and
eight hundred and five (2,966,805) shares of the Company’s Series B Preferred Stock for a purchase price of $0.4375077 per share. 
 1.2 Closing. The purchase and sale of the Series B Preferred Stock hereunder shall take place at the offices of Arrowhead Research Corporation, 201 South Lake Avenue, Suite 703, Pasadena, California, 91101, at 10:00 A.M. on
May 5, 2008, or at such other time and place as the Company and Investor mutually agree upon orally or in writing (which time and place are designated as the “Closing”). At the Closing, the Company shall deliver to
Investor a certificate representing the Series B Preferred Stock that such Investor is purchasing against payment of the purchase price therefor by wire transfer. 
 2. Representations and Warranties of Investor. Investor hereby represents, warrants and covenants that: 
 2.1 Authorization. Such Investor has full power and authority to enter into this Agreement and the Joinder and Amendment (as defined below) and each such agreement constitutes its valid and legally binding obligation, enforceable in
accordance with its terms except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally, (ii) as limited by laws
relating to the availability of specific performance, injunctive relief or other equitable remedies, and (iii) to the extent the indemnification provisions contained in the Investors’ Rights Agreement may be limited by applicable federal
or state securities laws. 
 2.2 Disclosure of Information. Such Investor believes it has received all the information it considers
necessary or appropriate for deciding whether to purchase the Series B Preferred Stock. Such Investor further represents that it has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the

  

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offering of the Series B Preferred Stock and the business, properties, prospects and financial condition of the Company. 
 2.3 Investment Experience. Such Investor is an investor in securities of companies in the development stage and acknowledges that it is able to
fend for itself, can bear the economic risk of its investment, and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the Series B Preferred Stock. If other
than an individual, such Investor also represents it has not been organized for the purpose of acquiring the Series B Preferred Stock. 
 2.4 Accredited Investor. Such Investor is an “accredited investor” within the meaning of SEC Rule 501 of Regulation D, as presently in effect. 
 2.5 Restricted Securities. Such Investor understands that the Securities it is purchasing are characterized as “restricted securities” under the federal securities laws inasmuch as they are being
acquired from the Company in a transaction not involving a public offering and that under such laws and applicable regulations such Securities may be resold without registration under the Securities Act of 1933, as amended (the
“Act”), only in certain limited circumstances. In the absence of an effective registration statement covering the Securities or an available exemption from registration under the Act, the Series B Preferred Stock (and any
Common Stock issued on conversion thereof) must be held indefinitely. 
 2.6 Legends. It is understood that the certificates
evidencing the Securities may bear one or all of the following legends: 
 (a) “These securities have not been registered under the
Securities Act of 1933, as amended. They may not be sold, offered for sale, pledged or hypothecated in the absence of a registration statement in effect with respect to the securities under such Act or an opinion of counsel satisfactory to the
Company that such registration is not required or unless sold pursuant to Rule 144 of such Act.” 
 (b) Any legend required by
applicable laws. 
 3. Conditions of Investor’s Obligations at Closing. The obligations of Investor under
Section 1.1(b) of this Agreement are subject to the fulfillment on or before the Closing of each of the following conditions: 
 3.1 Performance. The Company shall have performed and complied with all agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by it on or before the Closing. 

3.2 Qualifications. All authorizations, approvals or permits, if any, of any governmental authority or regulatory body of the United States or
of any state that are required in connection with the lawful issuance and sale of the Securities in the Closing pursuant to this Agreement shall be duly obtained and effective as of the Closing, other than such authorizations, approvals or permits
or other filings which may be timely made after the Closing. 
  

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 3.3 Proceedings and Documents. All corporate and other proceedings in connection with the
transactions contemplated at the Closing and all documents incident thereto shall be reasonably satisfactory in form and substance to the Investor, and it shall have received all such counterpart original and certified or other copies of such
documents as it may reasonably request. 
 3.4 Restated Certificate. The Restated Certificate of the Company shall have been filed
with the Secretary of State of the State of Delaware and shall continue to be in full force and effect as of the Closing. 
 4. Conditions
of the Company’s Obligations. The obligations of the Company to Investor under this Agreement in connection with the Closing are subject to the fulfillment on or before the Closing of each of the following conditions: 
 4.1 Representations and Warranties. The representations and warranties of Investor contained in Section 2 shall be true on and as of
the Closing with the same effect as though such representations and warranties had been made on and as of the Closing. 
 4.2 Payment of
Purchase Price. Investor shall have delivered to the Company the purchase price specified in Section 1.1(b) on or prior to the Closing. 
 4.3 Qualifications. All authorizations, approvals or permits, if any, of any governmental authority or regulatory body of the United States or of any state that are required in connection with the lawful
issuance and sale of the Securities in the Closing pursuant to this Agreement shall be duly obtained and effective as of the Closing, other than such authorizations, approvals or permits or other filings which may be timely made after the Closing.

 5. Miscellaneous. 
 5.1 Survival. The warranties, representations and covenants of the Company and Investor contained in or made pursuant to this Agreement shall survive the execution and delivery of this Agreement and the Closing and shall in no way be
affected by any investigation of the subject matter thereof made by or on behalf of Investor or the Company. 
 5.2 Successors and
Assigns. Except as otherwise provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties (including transferees of any Securities). Nothing in
this Agreement, express or implied, is intended to confer upon any party, other than the parties hereto or their respective successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as
expressly provided in this Agreement. 
 5.3 Governing Law. This Agreement shall be governed by and construed under the laws of the
State of California as applied to agreements among California residents entered into and to be performed entirely within California. 
 5.4
Titles and Subtitles. The titles and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement. 
  

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 5.5 Notices. All notices required or permitted hereunder shall be in writing and shall be deemed
effectively given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed telex or facsimile if sent during normal business hours of the recipient, if not, then on the next business day; (iii) five days
after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt.
All communications shall be sent to the address as set forth on the signature page hereof or at such other address as such party may designate by ten days’ advance written notice to the other parties hereto. 
 5.6 Finder’s Fee. Each party represents that it neither is nor will be obligated for any finders’ fee or commission in connection with
this transaction. Investor agrees to indemnify and to hold harmless the Company from any liability for any commission or compensation in the nature of a finders’ fee (and the costs and expenses of defending against such liability or asserted
liability) for which such Investor or any of its officers, partners, employees or representatives is responsible. The Company agrees to indemnify and hold harmless Investor from any liability for any commission or compensation in the nature of a
finders’ fee (and the costs and expenses of defending against such liability or asserted liability) for which the Company or any of its officers, employees or representatives is responsible. 
 5.7 Amendments and Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either
generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and the holders of a majority of the Common Stock that is issuable or issued upon conversion of the Series B Preferred
Stock sold pursuant to this Agreement. Any amendment or waiver effected in accordance with this Section 5.7 shall be binding upon each holder of any securities purchased under this Agreement at the time outstanding (including securities
into which such securities are convertible), each future holder of all such securities and the Company. 
 5.8 Severability. If one
or more provisions of this Agreement are held to be unenforceable under applicable law, such provision shall be excluded from this Agreement and the balance of the Agreement shall be interpreted as if such provision were so excluded and shall be
enforceable in accordance with its terms. 
 5.9 Entire Agreement. This Agreement and the documents referred to herein constitute the
entire agreement among the parties and no party shall be liable or bound to any other party in any manner by any warranties, representations or covenants except as specifically set forth herein or therein. 
 5.10 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument. 
  

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

  

			
	COMPANY:
	
	AONEX TECHNOLOGIES, INC.
		
	By:	 	 SEAN OLSON

		 	President
	
	INVESTOR:
	
	ARROWHEAD RESEARCH CORPORATION
		
	By:	 	 CHRISTOPHER ANZALONE

		 	Chris Anzalone
		 	Chief Executive OfficerForm of Amendment to Stock Option Agreement

 Exhibit 10.1 
 AMENDMENT TO STOCK OPTION AGREEMENTS 
 This AMENDMENT TO STOCK OPTION AGREEMENTS (this
“Amendment”), dated as of February 14, 2008, is entered into by and between AMERICAN LAND LEASE, INC., a Delaware corporation (the “Company”), and
                             (“Employee”), and amends the Incentive Stock Option
Agreements, dated as of                     ,             ,
                    ,             ,
                    ,              and
                    ,             , entered into by the Company and
Employee (the “Stock Option Agreements”). Capitalized terms used but not otherwise defined in this Amendment shall have the respective meanings set forth in the Stock Option Agreements or, if not defined therein, the Company’s
1998 Stock Incentive Plan, as amended (the “Plan”). 
 Background 
 A. On each of                     ,
            ,                     ,
            ,                     ,
            , and                     ,
            , the Company and Employee entered into the Stock Option Agreements. 
 B. Company and Employee wish to amend the terms of the Stock Option Agreements in the manner set forth herein. 
 C.
Pursuant to the Option Agreements and the Plan, such amendment must be set forth in a written agreement among the Company and Employee. 
 Operative Terms 
 The Company and employee hereby agree as follows: 
 1. Amendments of Stock Option Agreements. 
 (a) Section 4(b) of the Stock Option Agreements is hereby amended by adding new subsection (iii) thereto, which shall read in its entirety as follows: 
 “(iii) through a net exercise of the Option whereby the Employee instructs the Company to withhold that number of Option Shares having a Fair Market
Value equal to the aggregate Exercise Price of the Option Shares for which the Option is being exercised and deliver to the Employee the remainder of the shares subject to exercise. Solely for purposes of this subsection, Fair Market Value shall
mean the trailing five (5) trading-day volume weighted average price of the Company’s Common Stock on the New York Stock Exchange “ 
 (b) Section 4(b)(ii) of the Stock Option Agreements is hereby amended by deleting the period at the end thereof and replacing it with” “, or”. 

 Exhibit 10.1 
 2. No Other Amendments. Except as expressly amended hereby, the provisions of the Stock Option Agreements are and will remain in full force and effect and, except as expressly provided herein,
nothing in this Amendment will be construed as a waiver of any of the rights or obligations of the Company and Employee under the Stock Option Agreements. 
 3. Counterparts. This Amendment may be executed in counterparts, each of which when signed by the Company or Employee will be deemed an original and all of which together will be deemed the same
agreement. 
 4. Plan Controls. This Amendment and the Agreements are made under and subject to the provisions of the Plan. In
the event of any conflict between the provisions of this Amendment or the Agreements as amended hereby, the provisions of the Plan shall govern.  
 5. Entire Agreement. This Amendment and the Agreements and the Plan contain the entire understanding and agreement of the Company and Employee concerning the subject matter hereof, and collectively
supersede any other agreement or understandings, written or oral, between the parties with respect thereto. 
 6. Governing
Law. This Amendment and the rights of all persons claiming hereunder will be construed and determined in accordance with the laws of the State of Florida without giving effect to the conflict of law principles thereof. 
 IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above. 
  

			
	AMERICAN LAND LEASE, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	Address:	 	29399 U.S. Hwy 19 North, Suite 320
		 	Clearwater, FL 33761
	
	EMPLOYEE:
	  

	Name:	 	  

	Address:

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