Document:

EX-4.4

 Exhibit 4.4 
  

 
 THE SECURITIES REPRESENTED BY THIS CERTIFICATE AND THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE INTO HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”) AND ARE “RESTRICTED SECURITIES” AS THAT TERM IS DEFINED IN RULE 144 UNDER THE ACT. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD OR OTHERWISE TRANSFERRED EXCEPT
PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE ACT, THE AVAILABILITY OF WHICH IS TO BE ESTABLISHED TO THE REASONABLE SATISFACTION OF THE ISSUER. 

12% SERIES B CONVERTIBLE BOND 

Staffing 360 Solutions, Inc. 
 Original
Issue Date:
                                         
                                   Principal Amount: :
                     
 FOR VALUE RECEIVED, Staffing 360
Solutions, Inc., a publicly held Nevada company (OTCBB: STAF) (“STAF” or the “Company”) hereby promises to pay to              or its registered assigns
(“Buyer” or “Holder”), the principal sum of              (            ), together with an
interest rate of 12% per annum, on the terms set forth below. This 12% Series B Convertible Bond (this “Bond”) was issued pursuant to that certain Series B Bond Purchase Agreement dated the Original Issue Date set forth above by and
between the Company and the Buyer (the “Bond Purchase Agreement”). This Bond is one of a series of bonds of like tenor in the aggregate principal amount of up to $8,000,000, with the understanding that the principal amount may be
increased up to $10,000,000 at the mutual discretion of the Company and Placement Agent. Unless otherwise defined herein, capitalized terms used in this Bond shall have the meanings ascribed to them in the Bond Purchase Agreement. 

 

	1.	Payments 

 1.1    Coupon. 12% per annum, payable quarterly in
arrears in the form of cash or PIK (in shares of common stock of the Company at a rate of $2.00 per share, subject to adjustment for stock splits, stock dividends or similar events) at the Holder’s election. From and after the occurrence and
during the continuance of any Event of Default, the interest rate shall automatically be increased to eighteen percent (18%) and shall begin to accrue on all outstanding principal as well as all accrued and unpaid interest. 

  
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 1.2    Principal. The Principal Amount and all accrued but unpaid
interest payments, shall be due on September 30, 2015 (the “Maturity Date”), unless earlier converted. Each Investor must notify the Company by the Maturity Date whether payment will be made in the form of cash, as PIK (in shares of the
Company’s common stock) or both cash and PIK. If the Investor chooses to be paid in cash, the Company will have 30 days from the Maturity Date to make the payment. If no election is made by the Investor, payment will be made in shares of common
stock. 
 At the Maturity Date, if the Bond will be paid in shares of the Company’s common stock, the Bond shall be converted as following: (i) in
the event the Company’s shares of common stock are trading at $2.67 or higher based on a 10-Day VWAP immediately prior to the Maturity Date, then the repayment price shall be set at $2.00 per share, or
(ii) in the event the Company’s shares of common stock are trading below $2.67 based on a 10-Day VWAP, then the repayment price shall be set at a twenty-five percent (25%) discount to the 10-Day VWAP calculated immediately prior to the Maturity Date, provided however, that in no event will the repayment price be less than $1.50 (subject to adjustment for stock splits, stock dividends or similar
events). The term “10-Day VWAP” means, for any date, the daily volume weighted average price of the Company’s common stock for the ten (10) trading day period prior to such
date on the trading market on which the Company’s common stock is then listed or quoted, as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time). 

1.3    Conversion of Bond. This Bond is subject to a voluntary conversion at the election of the Holder. At any
time prior to the Maturity Date, the investors in this Offering may elect to convert the Bond, including all accrued but unpaid interest payments, into shares of Common Stock (the “Conversion Shares”) at the price of $2.00 per share
(subject to adjustment for stock splits, stock dividends or similar events) (unless an event of default occurs prior to such conversions). The Conversion Shares and any shares issuable pursuant to Section 1.1 shall be restricted pursuant to
Rule 144 under the Securities Act. 
  

	2.	Definitions 

 For purposes of this Bond, the following capitalized terms shall
have the meanings set forth below: 
 “Event of Default” shall have the meaning specified in
Section 3. 
 “Holders” shall mean the Holder and all other holders of the Bonds. 

“Majority Holders” at any date shall mean the Holders of more than 50% of the principal amount of the Bonds outstanding at
such date. 
 “Mezzanine Financing” shall mean an offering of up to $95,000,000 in debt and/or equity the Company intends to
conduct in the future on terms to be determined. The Mezzanine Financing may be increased beyond the $95,000,000 at the Company’s sole discretion. 

“Person” shall mean individual, partnership, corporation, trust, association or other entity. 

  
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	3.	Events of Default and Remedies 

 3.1    Events of Default.
Each of the following shall constitute an “Event of Default”: 
 3.1.1    The failure of the Company to
pay the Principal Amount, including all accrued but unpaid interest payments when due as provided in Section 1.2 above, unless otherwise the Bond is voluntarily converted prior to the Maturity Date; 

3.1.2    The failure of the Company to convert the Principal Amount, and all accrued but unpaid interest payments, and
issue the respective Conversion Shares within 10 days of the Holder requesting such conversion; or the failure of the Company to pay the coupon amount when due as provided in Section 1.1 above, unless the Holder elects PIK, in which case the
failure to issue the shares of Common Stock within 10 days of the due date. 
 3.1.3    The material default by the
Company under any of its material covenants or representations under the Bond Purchase Agreement; 
 3.1.4    A decree,
judgment, or order by a court of competent jurisdiction shall have been entered adjudging the Company as bankrupt or insolvent, or approving as properly filed a petition seeking reorganization of the Company under any bankruptcy or similar law, and
such decree of order shall have continued undischarged and unstayed for a period of 90 days; or a decree or order of a court of competent jurisdiction ordering the appointment of a receiver, liquidator, trustee, or assignee in bankruptcy or
insolvency of the Company, or for the winding up or liquidation of the affairs of the Company, shall have been entered, and such decree, judgment, or order shall have remained in force undischarged and unstayed for a period of 60 days; 

3.1.5    The Company shall institute proceedings to be adjudicated a voluntary bankrupt, or shall consent to the filing of
a bankruptcy proceeding against it, or shall file a petition or answer or consent seeking reorganization under any bankruptcy or similar law or similar statute, or shall consent to the filing of any such petition, or shall consent to the appointment
of a custodian, receiver, liquidator, trustee, or assignee in bankruptcy or insolvency of it or any of its assets or property, or shall make a general assignment for the benefit of creditors, or shall admit in writing its inability to pay its debts
generally as they become due. 
 3.2    If an Event of Default as specified in Section 3.1.2 or
Section 3.1.3 occurs and is continuing and such Event of Default is not cured within 10 days with respect to Section 3.1.2 or 60 days with respect to 3.1.3 after receipt of written notice of such default to the Company,
then, and in every such case, unless the principal of this Bond shall have already become due and payable, the Majority Holders by written notice to the Company (an “Acceleration Notice”), may declare all of the principal of the
Bond, together with the accrued interest payments thereon, to be due and immediately payable at such Holder’s request. If an Event of Default specified in Section 3.1.4 or Section 3.1.5
occurs, all principal of and accrued interest payments on this Bond ipso facto shall become and be immediately due and payable without any declaration or other act on the part of the Holder. In addition to the Holder’s right to pursue all
remedies available to it hereunder, at law or in equity, including but not limited to pursuing bankruptcy or foreclosure proceedings, any time after the 30th day after the notice to the Company of the occurrence of an Event of Default the Holder may
provide the Company with notice of its intent to convert a portion of the Debenture into Common Stock as set forth herein (a “Default Conversion Notice) (the date of such Default Conversion Notice shall be the “Default Conversion
Date”). Pursuant to a Default Conversion Notice, the Holder shall have the right to convert into Common Stock up to a principal amount of this Debenture equal to 8% of the original principal amount of this Debenture (plus any accrued and unpaid
interest outstanding on 

  
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the Debenture) at a Conversion Price per share as to such portion equal to 75% of the average of the 20 VWAPs of the Common Stock immediately prior to the applicable Default Conversion Date until
the earlier of the date that the Event of Default is cured to the satisfaction of the Holder, the Debenture is paid off in full or the Debenture is converted in full (a “Default Conversion”); provided, further, such conversions shall
otherwise occur pursuant to the conversion terms set forth in Section 1.3. The Holder shall have the right to submit additional Default Conversion Notices of its intent to convert up to a principal amount of this Debenture equal to 8% of the
original principal amount of this Debenture (plus any accrued and unpaid interest outstanding on the Debenture) until the Debenture is no longer outstanding, provided that the Holder may not submit more than one such notice per 30-day period. Notwithstanding anything to the contrary, the Default Conversion Date in connection with an Event of Default pursuant to Section 3.1.1 for failure to repay the Debenture in cash shall be upon
immediate notice to the Company by the Holder any time after the 30th day following the Maturity Date. 

If the Holder elects to make a Default Conversion, the Company agrees to issue the shares of Common Stock related to such Default Conversion
within five (5) business days of the Default Conversion Date. If the Company shall fail to issue to the Holder within five (5) business days, a certificate for the number of shares of Common Stock to which the Holder is entitled, then, in
addition to all other remedies available to the Holder, (1) the Company shall pay in cash to the Holder on each day after such fifth (5th) business day that the issuance of such shares of Common Stock is not timely effected an amount equal to
1.0% of the product of (A) the sum of the number of shares of Common Stock not issued to the Holder on a timely basis and to which the Holder is entitled multiplied by (B) the closing price of the Common Stock on the business day
immediately preceding the last possible date which the Company could have issued such shares of Common Stock to the Holder without violating this section and (2) the Holder, upon written notice to the Company, may void its Default Conversion
Notice with respect to, and retain or have returned (as the case may be) any portion of this Debenture that has not been converted pursuant to such Default Conversion Notice. 

3.3    Waiver. No delay or omission by the Holder to exercise any right or remedy arising upon any Event of Default
shall impair the exercise of any such right or remedy or constitute a waiver of any such Event of Default. Every right and remedy given by this Section or by law to the Holder may be exercised from time to time, and as often as may be deemed
expedient, by the Holder. No provision of this Bond may be waived unless in writing signed by Holder, and waiver of any one provision of this Agreement shall not be deemed to be a waiver of any other provision. 

  
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	4.	Replacement Bond. 

 If a mutilated Bond is surrendered to the Company or if the Holder
claims and submits an affidavit or other evidence, satisfactory to the Company, to the Company to the effect that this Bond has been lost, destroyed or wrongfully taken, the Company shall issue a replacement Bond if the Company’s reasonable
requirements are met, including, if required by the Company, provision by the Holder of an indemnity bond or other indemnity, sufficient in the judgment of the Company, to protect the Company from any loss which any of them may suffer if the Bond is
replaced. 
  

	5.	Miscellaneous 

 5.1    Successors. The terms and conditions of
this Bond shall be binding upon and inure to the benefit of the parties to this Bond and their respective successors, heirs and personal representatives. 

5.2    Governing Law. This Series B Bond shall be construed in accordance with the laws of the State of New York
without giving effect to the principles of conflicts of law thereof. 
 5.3    Captions. The various captions of
this Bond are for reference only and shall not be considered or referred to in resolving questions of interpretation of this Bond. 

5.4    Notices. All notices, requests, demands and other communications (collectively, “Notices”)
given pursuant to this Agreement shall be in writing, and shall be delivered by personal service, courier, facsimile transmission, email transmission of a pdf format data file or by United States first class, registered or certified mail, postage
prepaid, addressed to the Company at its principal executive offices or the Holder at its address as set forth on the books and records of the Company. Any Notice, other than a Notice sent by registered or certified mail, shall be effective when
received; a Notice sent by registered or certified mail, postage prepaid return receipt requested, shall be effective on the earlier of when received or the third day following deposit in the United States mails. Any party may from time to time
change its address for further Notices hereunder by giving notice to the other party in the manner prescribed in this Section. 

5.5    Amendment. The Bonds may be amended with the consent of the Company and the consent or approval of the
Holders, provided that no such amendment shall reduce the interest payment rate or extend the Maturity Date without the consent or approval of the Holder. In the event of such an amendment, at the request of the Company, the Holder shall tender back
to the Company its Bond and the Company shall substitute a replacement Bond reflecting such amendment(s). 

5.6    Severability. Whenever possible each provision of this Bond shall be interpreted in such manner as to be
effective and valid under applicable law, but if any provision of this Bond shall be or become prohibited or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity without invalidating the
remainder of such provision or the remaining provisions of this Bond. 

  
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 5.7    Attorneys’ Fees. If any action or proceeding is brought to
enforce or interpret any provision of this Agreement, the prevailing party shall be entitled to recover reasonable attorneys’ fees to be fixed by the court. 

5.8    Solely Obligations of Company. The Holder acknowledges and agrees that the obligations of the Company under
this Bond are obligations solely of the Company, and are not obligations of any member, manager or officer of the Company. 

  
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 IN WITNESS WHEREOF, the Company has caused this Bond to be dated, executed and issued on its
behalf by its officers thereto duly authorized. 
  

			
	 Staffing 360 Solutions, Inc.    

			
		
	 By:
	 	  

  
 7EX-10.3

 Exhibit 10.3 
  

 
 12% SERIES B CONVERTIBLE BOND PURCHASE AGREEMENT 

This 12% Series B Convertible Bond Purchase Agreement (this “Agreement”), is made and entered as of
            , 2014 by and between Staffing 360 Solutions, Inc., a publicly held Nevada company (OTCBB: STAF) (“STAF” or the “Company”), and the investor
listed on the signature page hereto (“Buyer”), with reference to the following facts: 
 A.    The
Company is a fully reporting Over the Counter Bulletin Board public company whose common stock, par value $.00001 per share (the “Common Stock”) is registered under Section 12 of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”); 
 B.    The Company is offering for sale 12% Series B convertible bonds (each a
“Bond”, collectively, the “Bonds”) in the aggregate principal amount of up to $8,000,000 (the “Offering Amount”), with the understanding the principal amount may be increased up to $10,000,000 (the
“Increased Offering Amount”) at the mutual discretion of the Company and Placement Agent (the “Offering”); 

C.    The Company and the Buyer each understand that the Bonds will be sold subject to the Placement Agency Agreement (the
“Placement Agency Agreement”), among the Company and Dawson James, Inc., a FINRA registered broker/dealer (the “Placement Agent”); 

E.    On the terms and subject to the conditions of this Agreement, Buyer is willing to purchase a Bond. 

NOW THEREFORE, with reference to the foregoing facts, the Company and Buyer agree as follows: 

1.    Agreement to Purchase and Sell Bond. 

1.1    The Company hereby agrees to sell to Buyer, and Buyer hereby agrees to purchase from the Company, a
Bond in the principal amount set forth on the signature page hereto (the “Principal Amount”). The purchase price for the Bond is the principal amount of the Bond, provided however, the minimum amount of an investment in the Bonds by
each Buyer shall be in the principal amount of $50,000, although the Company, in its sole discretion, may accept subscriptions for less. The Bond shall be in the form of Exhibit D to the Subscription Booklet, completed with
the date of issuance and principal amount. 
 1.2    Within two business days from the execution of this
Agreement, Buyer shall wire transfer an amount equal to the respective purchase price for the Bonds to the Escrow Agent. If the Buyer fails to make such wire transfer within such two-day period, in addition to
any other rights and remedies the Company may have, it may terminate this Agreement.    The wiring instructions are attached hereto. 

  
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 1.3    The subscription amounts paid by a Buyer will be
deposited in the escrow account, which shall be non-interest bearing. A closing shall take place on such date and time specified by the Company and Placement Agent. At the closing, the Company shall issue the
Bond to Buyer. The offering period will terminate upon the earlier to occur of (i) the date the Offering Amount or the Increased Offering Amount is sold or (ii) September 30, 2014; provided, however, that such offering
period may be extended without notice to the Buyers for up to three (3) additional 30 day periods. 

1.4    Payment of the Bonds will be made on September 30, 2015 (the “Maturity Date”).
Interest shall accrue at 12% per annum, and shall be payable quarterly in arrears in the form of cash or PIK (in shares of the Company’s common stock valued at $2.00 per share) at the Investor’s election. Any shares issuable as coupon
payments shall be restricted securities under the Securities Act and will not be registered, but may be sold pursuant to Rule 144 under the Securities Act, if and when available. 

Each Investor must notify the Company by the Maturity Date whether payment will be made in the form of cash, as PIK (in shares
of the Company’s common stock) or both cash and PIK. If the Investor chooses to be paid in cash, the Company will have 30 days from the Maturity Date to make the payment. If no election is made by the Investor, payment will be made in shares of
common stock. 
 At the Maturity Date, if the Bond will be paid in shares of the Company’s common stock, the Bond shall be converted as
following: (i) in the event the Company’s shares of common stock are trading at $2.67 or higher based on a 10-Day VWAP immediately prior to the Maturity Date, then the repayment price shall be set at
$2.00 per share, or (ii) in the event the Company’s shares of common stock are trading below $2.67 based on a 10-Day VWAP, then the repayment price shall be set at a twenty-five percent (25%)
discount to the 10-Day VWAP calculated immediately prior to the Maturity Date, provided however, that in no event will the repayment price be less than $1.50 (subject to adjustment for stock splits, stock
dividends or similar events). The term “10-Day VWAP” means, for any date, the daily volume weighted average price of the Company’s common stock for the ten (10) trading day
period prior to such date on the trading market on which the Company’s common stock is then listed or quoted, as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time). 

1.5    The Buyer understands and agrees that Principal Amount and all accrued and unpaid interest are
subject to a voluntary conversion at the election of the Buyer. Prior to the Maturity Date, the Buyers in this Offering may elect to convert the Bonds, including all accrued but unpaid interest payments, into shares of Common Stock (the
“Conversion Shares”) at the price of $2.00 per share, unless an event of default occurs prior to such conversions. The Conversion Shares and any shares issued in lieu of an interest payment shall be restricted pursuant to Rule 144 under
the Securities Act. 
 1.6    Equity Consideration. The Buyer shall receive 5,000 shares (the
“Equity Consideration Shares”, together with the Bonds and the Conversion Shares, collectively the “Securities”) of the Company’s Common Stock for each $50,000 principal amount of the Bond. 

  
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	2.	Definitions 

 For purposes of this Agreement, the following terms shall have the meanings
set forth below: 
 “Mezzanine Financing” shall mean an offering of up to $95,000,000 in debt and/or equity the Company intends to
conduct in the future on terms to be determined. The Mezzanine Financing may be increased beyond the $95,000,000 at the Company’s sole discretion. 

“Securities Act” shall mean the Securities Act of 1933, as amended. 

“Transfer” shall mean sell, assign, transfer, pledge, grant a security interest in, or otherwise dispose of, with or without
consideration. 
  

	3.	Representations and Warranties of the Company 

 The Company represents and warrants to
the Buyer that: 
 3.1    The Company is a Securities and Exchange Commission (“SEC”)
fully reporting public company approved for trading on the Over–the-Counter Bulletin Board, validly existing and in good standing under the laws of Nevada and has all requisite power and authority to own,
lease and operate its properties and assets and to carry on its business as now being conducted and as proposed to be conducted. 

3.2    This Agreement and the Securities offered hereby have been duly authorized by the Board of Directors
of the Company. This Agreement has been duly executed and delivered by the Company and constitutes a valid and legally binding obligation of the Company enforceable against the Company in accordance with its terms, subject to the effect of
bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws relating to or affecting creditors’ rights generally, or the availability of equitable remedies. 

3.3    Upon execution and delivery at the respective Closings, the Bonds will be duly executed and
delivered by the Company and will constitute a valid and legally binding obligation of the Company enforceable against the Company in accordance with its terms, subject to the effect of bankruptcy, insolvency, reorganization, moratorium, fraudulent
conveyance and other similar laws relating to or affecting creditors’ rights generally, or the availability of equitable remedies. Upon issuance, the Equity Consideration Shares, the Conversion Shares and any shares issuable in lieu of interest
payments will be duly and validly issued, fully paid and non-assessable. 

3.4    The execution and delivery of this Agreement and the Bonds do not and will not conflict with, result
in a breach of any provision of, or constitute a default (or an event which would constitute a default upon the giving of any required notice or upon a lapse of time) under the Company’s organizational documents or the provisions of any
agreement, contract or administrative order, consent decree or other instrument to which the Company is a party. 

3.5    Except as provided in the Subscription Booklet, there is no pending or, to the knowledge of the
Company, threatened litigation to which the Company is a party and the Company is not subject to any judgment, order, writ, injunction, decree or regulatory directive or agreement. 

  
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	4.	Representations, Warranties and Agreements of Buyer 

 Buyer represents and warrants to,
and agrees with, the Company as follows: 
 4.1    Buyer will acquire the Bond and the Equity
Consideration Shares, and if the Bond is converted, the Conversion Shares for Buyer’s own account, for investment purposes only. 

4.2    Buyer understands that an investment in the Bonds, the Equity Consideration Shares and the
Conversion Shares involve a high degree of risk, and Buyer represents that it has the financial ability to bear the economic risk of such investment, including a complete loss of such investment. 

4.3    Buyer understands that the Company is cash flow negative and will have no source of payment of the
Bonds other than the proceeds raised in a future financing, the terms of which and availability are not known at this time. 

4.4    Buyer is an “accredited investor” as that term is defined in Rule 501(a) under
Regulation D promulgated pursuant to the Securities Act, and the statements and representations in the accredited investor certification attached as Exhibit E to the Subscription Booklet are true and correct; 

4.5    Buyer understands that neither the Bonds nor the Equity Consideration Shares, nor the Conversion
Shares nor the shares issuable in lieu of interest payments have been or will be registered under the Securities Act or under any state securities laws and they will be “restricted securities” within the meaning of Rule 144 under the
Securities Act. 
 4.6    Buyer believes that he or she has received all the information Buyer considers
necessary or appropriate for deciding whether to purchase the Bonds, including information regarding the Company, and Buyer has had an opportunity to ask questions and receive answers from the Company and its officers and directors regarding the
business, prospects and financial condition of the Company. The Buyer and the Buyer’s attorney, accountant, purchaser representative and/or tax advisor (collectively, “Advisors”), have received and have carefully reviewed the
this Agreement and the Series B Bond (collectively, the “Transaction Documents”) and all other documents requested by the Buyer or its Advisors, and understand the information contained therein, prior to the execution of this
Agreement; 
 4.7    Buyer has had the opportunity to review the Company’s filings with the SEC,
including but not limited to the Form 10-K for the year ended May 31, 2013 filed with the SEC on September 13, 2013 and the Form 10-Q for the quarter
ended August 31, 2013 filed with the SEC on October 18, 2013, the Form 10-Q for the quarter ended November 30, 2013 filed with the SEC on January 14, 2014 and the Form 10-Q for the quarter ended February 28, 2014 filed with the SEC on April 21, 2014 (the “SEC Reports”) and Buyer has received and reviewed the Subscription Booklet, and all the information,
both written and oral, that it desires. Without limiting the generality of the foregoing, Buyer has been furnished with or has had the opportunity to acquire, and to review, all information (including copies of all of the Company’s publicly
available documents on the 

  
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EDGAR system maintained by the SEC at http://www.sec.gov/edgar/searchedgar/webusers.htm and the SEC Reports), both written and oral, that it desires with respect to the Company’s
business, management, financial affairs and prospects. In determining whether to make this investment, Buyer has relied solely on Buyer’s own knowledge and understanding of the Company and its business based upon Buyer’s own due diligence
investigations and the information furnished pursuant to this paragraph. Buyer understands that no person has been authorized to give any information or to make any representations which were not furnished pursuant to this paragraph and Buyer has
not relied on any other representations or information. 
 4.8    The Buyer understands that neither the
SEC nor any state securities commission has approved or disapproved of the Securities or passed upon or endorsed the merits of the Offering and has not been reviewed by any Federal, state or other regulatory authority; 

4.9    The Buyer has not been furnished with any oral representation or oral information in connection with
the Offering of the Securities that is not contained in, or is in any way contrary to or inconsistent with, statements made in this Agreement; 

4.10    The Buyer has taken no action which would give rise to any claim by any person for brokerage
commissions, finders’ fees or the like relating to this Agreement or the transactions contemplated hereby; 

4.11    The Buyer, either alone or together with its Advisors has such knowledge and experience in
financial, tax, and business matters, and, in particular, investments in securities, so as to enable it to utilize the information made available to it in connection with the Offering to evaluate the merits and risks of an investment in the
Securities and the Company and to make an informed investment decision with respect thereto; 

4.12    The Buyer is not relying on the Company, or any of its respective employees or agents with respect
to the legal, tax, economic and related considerations of an investment in any of the Securities and the Buyer has relied on the advice of, or has consulted with, only its own Advisors; 

4.13    Buyer understands that the Company intends to conduct future rounds of financing in addition to
this Offering, including but not limited to an anticipated Mezzanine Financing and short-term promissory notes. Buyer understands that the Company could use the proceeds from such Mezzanine Financing for repayment to the Buyers of the respective
amounts purchased for the Bonds subscribed for in this Offering. Buyer understands that no commitments have been made for such Mezzanine Financing and such Mezzanine Financing may not be consummated at all. In the event the Mezzanine Financing or
any other alternative financing is not consummated, the Company will likely default on the Bonds issued in this Offering; 

4.14    Buyer understands that the Placement Agent is entitled to a nine percent (9%) commission of the
gross proceeds from the sale of the Bonds in this Offering, is entitled to shares of Common Stock equal to an amount up to six percent (6%) of the aggregate number of shares of Common Stock issued in this Offering, entitled to reimbursement of
expenses, which shall be capped at $62,000 and is entitled to a three-year warrant (each, a “Placement Agent Warrant”), exercisable at $2.00 per share, to purchase a number of shares of Company Common Stock equal to 6.0% of such
number of shares of the Common Stock underlying the Bonds assuming the conversion price of 

  
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the Bonds on the date of issuance (or $2.00 per share), provided, however, that the exercise price of the Placement Agent Warrant(s) shall be reduced to $0.01 per share for such portion of the
Placement Agent Warrant equal to the portion of the Bonds giving rise to the Placement Agent Warrant that are converted into Common Stock; 

4.15    No representations or warranties have been made to Buyer by the Company, or any officer, employee,
agent, affiliate or subsidiary of the Company, other than the representations of the Company contained herein, and in subscribing for the Securities, Buyer is not relying upon any representations other than those contained in this Agreement. Buyer
further acknowledges that the Company is a publicly reporting company and that additional information about the Company can be retrieved from the SEC’s website. 

4.16    Buyer understands that there is no minimum amount which must be raised before the Company holds an
initial closing of this Offering and that the Company will not have enough money to implement its business plan unless it raises a substantial percentage of the Offering amount (and then in the Mezzanine Financing and other financings). 

5.     Transfer Restrictions; Legends. 

5.1    The Buyer understands that (i) the Securities have not been registered under the
Securities Act; (ii) the Securities are being offered and sold pursuant to an exemption from registration, based in part upon the Company’s reliance upon the statements and representations made by the Buyer in this Agreement, and
that the Securities must be held by the Buyer indefinitely, and that the Buyer must, therefore, bear the economic risk of such investment indefinitely, unless a subsequent disposition thereof is registered under the Securities Act or is exempt from
such registration; (iii) each Certificate representing the Securities will be endorsed with a legend substantially in the following form until the earlier of (1) such date as the Securities have been registered for resale by the
Buyer or (2) the date the Securities are eligible for sale under Rule 144 under the Securities Act or any successor rule (“Rule 144”): 

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”) AND ARE
“RESTRICTED SECURITIES” AS THAT TERM IS DEFINED IN RULE 144 UNDER THE ACT. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR PURSUANT TO AN
EXEMPTION FROM REGISTRATION UNDER THE ACT, THE AVAILABILITY OF WHICH IS TO BE ESTABLISHED TO THE REASONABLE SATISFACTION OF THE ISSUER.” 

5.2    Any legend required by the Blue Sky laws of any state to the extent such laws are applicable to the
shares represented by the certificate so legended. 
 5.3    Each Buyer, severally and not jointly with
the other Buyers, agrees that the removal of the restrictive legend from certificates representing Securities as set forth in this Section is predicated upon the Company’s reliance that the Buyer will sell any Securities pursuant to either the
registration requirements of the Securities Act, including any applicable prospectus delivery requirements, or an exemption therefrom. 

  
 6 

 5.4    The Buyer acknowledges that the Securities have not
been recommended by any Federal or state securities commission or regulatory authority. In making an investment decision, investors must rely on their own examination of Company and the terms of the Offering, including the merits and risks involved.
Furthermore, the foregoing authorities have not confirmed the accuracy or determined the adequacy of this Agreement. Any representation to the contrary is a criminal offense. The Securities are subject to restrictions on transferability and resale
and may not be transferred or resold except as permitted under the Securities Act, and the applicable state securities laws, pursuant to registration or exemption therefrom. Buyers should be aware that they will be required to bear the financial
risks of this investment for an indefinite period of time; 
 6.    Miscellaneous 

6.1    Notices. All notices, requests, demands and other communications (collectively,
“Notices”) given pursuant to this Agreement shall be in writing, and shall be delivered by personal service, courier, facsimile or electronic mail transmission or by United States first class, registered or certified mail, postage
prepaid, addressed to the party at the address set forth on the signature page to this Agreement. Any Notice, other than a Notice sent by registered or certified mail, shall be effective when received; a Notice sent by registered or certified mail,
postage prepaid return receipt requested, shall be effective on the earlier of when received or the fifth day following deposit in the United States mails. Any party may from time to time change its address for further Notices hereunder by giving
notice to the other party in the manner prescribed in this Section. 
 6.2    Entire
Agreement. This Agreement and related Exhibits contain the sole and entire agreement and understanding of the parties with respect to the entire subject matter of this Agreement, and any and all prior discussions, negotiations,
commitments and understandings, whether oral or otherwise, related to the subject matter of this Agreement are hereby merged herein. 

6.3    Successors. This Agreement shall be binding upon and inure to the benefit of the
parties to this Agreement and their respective successors, heirs and personal representatives. 

6.4    Waiver and Amendment. No provision of this Agreement may be waived unless in writing
signed by all the parties to this Agreement, and waiver of any one provision of this Agreement shall not be deemed to be a waiver of any other provision. This Agreement may be amended only by a written agreement executed by all of the parties to
this Agreement. 
 6.5    Governing Law. This Agreement shall be construed in accordance
with the laws of the State of New York without giving effect to the principles of conflicts of law thereof. 

6.6    Captions. The various captions of this Agreement are for reference only and shall not
be considered or referred to in resolving questions of interpretation of this Agreement. 

6.7    Execution. This Agreement may be executed in two or more counterparts, all of which when
taken together shall be considered one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other party, it being understood that both parties need not sign the

  
 7 

 
same counterpart. In the event that any signature is delivered by facsimile transmission or by email delivery of a “PDF” format data file, such signature shall create a valid and
binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such facsimile or “pdf” signature page were an original thereof. 

6.8    Blue Sky Qualification. The purchase of Securities pursuant to this Agreement is
expressly conditioned upon the exemption from qualification of the offer and sale of the Securities from applicable Federal and state securities laws. 

6.9    Confidentiality. The Buyer acknowledges and agrees that any information or data the
Buyer has acquired from or about the Company not otherwise properly in the public domain, was received in confidence. The Buyer agrees not to divulge, communicate or disclose, except as may be required by law or for the performance of this
Agreement, or use to the detriment of the Company or for the benefit of any other person or persons, or misuse in any way, any confidential information of the Company, including any trade or business secrets of the Company and any business materials
that are treated by the Company as confidential or proprietary, including, without limitation, confidential information obtained by or given to the Company about or belonging to third parties. 

  
 8 

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

	
	$                                      
                                  
	Bond Amount

 Manner in which Title is to be held (Please Check One): 

 

											
	1.	  	         	  	Individual	  	  7.	  	         	  	Trust/Estate/Pension or Profit Sharing Plan Date
Opened:                                        
    
						
	2.	  	         	  	Joint Tenants with Right of Survivorship	  	  8.	  	         	  	 As a Custodian for
  

Under the Uniform Gift to Minors Act of the State of
  

						
	3.	  	         	  	Community Property	  	  9.	  	         	  	Married with Separate Property
						
	4.	  	         	  	Tenants in Common	  	10.	  	         	  	Keogh
						
	5.	  	         	  	Corporation/Partnership/ Limited Liability Company	  	11.	  	         	  	Tenants by the Entirety
						
	6.	  	         	  	IRA	  	12.	  	         	  	Foundation described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended.

 IF MORE THAN ONE SUBSCRIBER, EACH SUBSCRIBER MUST SIGN: 

 

	 	•	 	INDIVIDUAL SUBSCRIBERS MUST COMPLETE PAGE 9 

  

	 	•	 	SUBSCRIBERS WHICH ARE ENTITIES MUST COMPLETE PAGE 10 

  
 9 

 EXECUTION BY NATURAL PERSONS 

 

									
	 	 	 
	Exact Name in Which Title is to be Held	 		 	
			
	  
	 		 	  

	 Name (Please Print)
	 		 	Name of Additional Subscriber
			
	  
	 		 	  

	Residence: Number and Street	 		 	Address of Additional Subscriber
			
	  
	 		 	  

	City, State and Zip Code	 		 	City, State and Zip Code
			
	  
	 		 	  

	Social Security Number	 		 	Social Security Number
			
	  
	 		 	  

	Telephone Number	 		 	Telephone Number
			
	  
	 		 	  

	Fax Number (if available)	 		 	Fax Number (if available)
			
	  
	 		 	  

	E-Mail (if available)	 		 	E-Mail (if available)
			
	  
	 		 	  

	(Signature)	 		 	(Signature of Additional Subscriber)
				
	 *  If Subscriber is a Registered Representative with a FINRA member firm,
have the following acknowledgement signed by the appropriate party:
	 		 		 	
				
	The undersigned FINRA member firm acknowledges receipt of the notice required by Rule 3050 of the FINRA Conduct Rules	 		 		 	
			
	  
	 		 	ACCEPTED this     day of             2014, on behalf of Staffing 360 Solutions, Inc.
	Name of FINRA Firm	 		 		 	

									
					
	By:	 	  
	 		 	By:	 	  

	Name:	 		 		 	Name:	 	
	Title:	 		 		 	Title:	 	

  
 10 

 EXECUTION BY SUBSCRIBER WHICH IS AN ENTITY 

(Corporation, Partnership, Trust, Etc.) 

							
	 	 	 	  	
	Name of Entity (Please Print)	 		  	
	Date of Incorporation or Organization:	 		  	
			
	State of Principal Office:	 		  	
	
	Federal Taxpayer Identification
Number:                                        
                                         
                             

									
	  
  
	 		  		 	
	Office Address	 		  		 	
	  
	 		  		 	
	City, State and Zip Code	 		  		 	
	  
	 		  		 	
	Telephone Number	 		  		 	
	  
	 		  		 	
	Fax Number (if available)	 		  		 	
	  
	 		  		 	
	E-Mail (if available)	 		  		 	
				
	[seal]	 		  	By:	 	  

	Attest:	 	  
	 		  	Name:	 	
	(If Entity is a Corporation)	 		  	Title:	 	
	  
 *  If
Subscriber is a Registered Representative with a FINRA member firm, have the following acknowledgement signed by the appropriate party:
	 		  		 	
	  
 The undersigned FINRA member firm acknowledges receipt of
the noticerequired by Rule 3050 of the FINRAConduct Rules
	 		  		 	
	  
  
	 		  	ACCEPTED this      day of              2014, on behalf of Staffing 360 Solutions, Inc.
	Name of FINRA Firm	 		  		 	
					
	By:	 	  
	 		  	By:	 	  

	Name:	 		 		  	Name:	 	
	Title:	 		 		  	Title:	 	

  
 11

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