Document:

numobile_8k-ex1001.htm

 

Exhibit 10.1

 

EXCHANGE AGREEMENT

 

Exchange Agreement (this “Agreement”) dated this 21st day of May, 2010, by and among NuMobile, Inc., a Nevada corporation (the “Company”), and Aubrey C. Brown (the “Investor”).

 

W I T N E S S E T H:

 

WHEREAS, the Investor is the holder of a note, dated September 9, 2009, of the Company (the “Note”); and

 

WHEREAS, the Investor is willing to exchange a portion of the outstanding principal and accrued interest on the Note for shares of the Company’s Series D Preferred Stock and Series E Convertible Preferred Stock; and

 

WHEREAS, the Investor is willing to make such exchange, on and subject to the provisions of this Agreement;

 

WHEREFORE, the parties do hereby agree as follows:

 

1. The Investor agrees to exchange a portion of the outstanding principal and interest on the Note, in the principal amount of $500,000 (and all accrued but unpaid interest thereon) for 7,500 shares of the Company’s Series D Preferred Stock and 2,500 shares of the Company’s Series E Preferred Stock. Upon execution of this Agreement, without any further action required by any party, the outstanding principal amount of the Note shall be reduced by $500,000 (and all accrued but unpaid interest thereon shall be cancelled), such that the remaining outstanding principal amount of the Note (prior to any payments made pursuant to Section 2 of this Agreement), shall be equal to $449,600, with respect to the Initial Principal Amount (as defined in the Note), and the Company shall issue to the Investor 7,500 shares of Series D Preferred Stock and 2,500 shares of Series E Preferred Stock. The Company shall deliver to the Investor certificates representing the Series D Preferred Stock and Series E Preferred Stock issuable pursuant to this Agreement within 15 business days following execution of this Agreement.

 

2. The Company shall repay $50,000 of the outstanding principal amount of the Note on or before May 21, 2010, and an additional $50,000 of the outstanding principal amount of the Note on or before June 30, 2010.

 

 

3. The Investor represents and warrants that:

 

 

(a) He has the right to enter into this Agreement, and this Agreement constitutes the valid, binding and obligation of the Investor, enforceable in accordance with its terms.

 

(b) He owns the Note free and clear of any liens, encumbrances, pledges, options or other rights of any kind and description.

 

 

  

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(c) He is an accredited investor and is acquiring the shares of Series D Preferred Stock and Series E Preferred Stock pursuant to this Agreement for his own account, for investment and not with a view to the sale or distribution thereof.

 

4. The Company represents and warrants that this Agreement constitutes the valid, binding and enforceable obligation of the Company, and that the shares of Series D Preferred Stock and Series E Preferred Stock, when issued pursuant to this Agreement, and the shares of Common Stock issuable upon conversion of such shares of Series D Preferred Stock and Series E Preferred Stock, will be duly and validly authorized and issued, fully paid and non-assessable and not issued in violation of any rights of any other person.

 

5. The Investor hereby irrevocably constitutes and appoints JAMES TILTON, with full power of substitution, as the agent, attorney and proxy of the Investor, for and in the name, place and stead of the Investor, to vote all of the shares of the Company’s Series D Preferred Stock and Series E Preferred Stock which the undersigned would be entitled to vote if then personally present at any such annual or special meeting in the manner specified and on any other business as may properly come before the meeting or by written consent of holders of Series D Preferred Stock and Series E Preferred Stock of the Company as specified by Nevada law.  This irrevocable proxy shall continue in force as long as the undersigned owns the shares underlying this proxy.  This proxy shall cease to be enforceable upon a written release by James Tilton or upon the sale by the Investor of the stock underlying this proxy.

 

6. This Agreement sets forth the entire agreement and understanding between the parties and supersedes all prior or contemporaneous written or oral agreements, promises, representations, understandings, letters of intent and negotiations, between the parties with respect to the subject matter of this Agreement.  No part of this Agreement may be modified or amended, nor may any right be waived, except by a written instrument which expressly refers to this Agreement, states that it is a modification or amendment of this Agreement or a waiver and is signed by all of the parties, or, in the case of waiver, by the party granting the waiver.  No course of conduct or dealing or trade usage or custom and no course of performance shall be relied on or referred to by any party to contradict, explain or supplement any provision of this Agreement, it being acknowledged by the parties that this Agreement is intended to be, and is, the complete and exclusive statement of the agreement with respect to its subject matter.  Any waiver shall be limited to the express terms thereof and shall not be construed as a waiver of any other provisions or the same provisions at any other time or under any other circumstances.  No delay or failure by either party to exercise any right under this Agreement, and no partial or single exercise of that right, shall constitute a waiver of that or any other rights.

 

7. This Agreement and the rights of the parties shall be construed and enforced in accordance with the laws of the State of New York applicable to agreements executed and to be performed wholly within such state and without regard to principles of conflicts of law.  Each party irrevocably (a) consents to the jurisdiction of the federal and state courts situated in New York County, New York in any action that may be brought pursuant to this Agreement, and (b) submits to and accepts, with respect to its properties and assets, generally and unconditionally, the in personam jurisdiction of the aforesaid courts, waiving any defense that such court is not a convenient forum.  In any such litigation to the extent permitted by applicable law, each party waives personal service of any summons, complaint or other process, and agrees that the service thereof may be made either (i) in the manner for giving of notices provided in Section 8 of this Agreement (other than by telecopier) or (ii) in any other manner permitted by law.

 

8. All notices, requests or other communications required or permitted to be given under this Agreement to any party shall be in writing and shall be deemed to have been sufficiently given when delivered by personal service or sent by registered mail, overnight courier services with provided evidence of delivery or attempted delivery, or facsimile or e-mail, to the recipient addressed to the parties at their respective addresses set forth on the signature page of the Note. Any party may, be like notice, change the address or telecopy number or e-mail or the person to which notice is to be given.  Notice shall be deemed given when received or when attempted delivery is made, provided that notice by telecopier shall be deemed given when receipt is acknowledged by the recipient.

 

9. If any provision of this Agreement or application thereof to any person or circumstance shall to any extent be invalid, the remainder of this Agreement or the application of such provision to persons, entities or circumstances other than those as to which it is held invalid, shall not be affected thereby and each provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law.

 

10. This Agreement shall not be construed more strongly against any party regardless of who is responsible for its preparation.  The parties acknowledge each contributed and is equally responsible for its preparation.  In resolving any dispute regarding, or construing any provision in, this Agreement, there shall be no presumption made or inference drawn because of the drafting history of the Agreement, or because of the inclusion of a provision not contained in a prior draft or the deletion or modification of a provision contained in a prior draft.

 

[Signatures on following page]

 

  

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

 

	  
	
 

NuMobile, Inc.

 

By: /s/ James Tilton

      James Tilton

      Chief Executive Officer

	
 

 

 

 

/s/ Aubrey C. Brown

Aubrey C. Brown

 

 

 

 

 

 

 

3Exhibit 4.1

 

REALD
INC.,

 

INCORPORATED UNDER THE
LAWS OF THE STATE OF DELAWARE

 

	
  Number

  OPEN

  	
   

  	
  Shares

  
	
   

  	
   

  	
   

  
	
  COMMON STOCK

  	
   

  	
  COMMON STOCK

  
	
   

  	
   

  	
   

  
	
   

  THIS
  CERTIFICATE IS TRANSFERABLE IN

  	
   

  	
  SEE
  REVERSE FOR STATEMENTS RELATING TO RIGHTS, PREFERENCES, PRIVILEGES AND RESTRICTIONS,
  IF ANY

  

 

CUSIP 75604L 105

 

THIS CERTIFIES THAT

 

IS THE RECORD HOLDER OF

FULLY
PAID AND NONASSESSABLE SHARES OF COMMON STOCK, $0.00005 PAR VALUE PER SHARE, OF

 

RealD Inc. (hereinafter called
the “Company”), transferable on the books of the Company by the
holder hereof in person or by a duly authorized attorney upon surrender of this
Certificate properly endorsed.  This
Certificate and the shares represented hereby, are issued and shall be held
subject to all of the provisions of the Certificate of Incorporation, as
amended, and the By-Laws, as amended, of the Company (copies of which are on
file with the Company and the Transfer Agent), to all of which each holder, by
acceptance hereof, assents. This Certificate is not valid unless countersigned
and registered by the Transfer Agent and Registrar.

 

WITNESS the facsimile signatures of its duly
authorized officers.

 

	
  FACSIMILE
  SIGNATURE TO COME

   

   

   

  PRESIDENT

  	
   

   

   

   

   

  RealD
  Inc.

   

  SEAL

   

  2010

  DELAWARE

   

   

  	
  DATED  <<Month Day, Year>>

  
	
   

  	
   

  
	
  FACSIMILE
  SIGNATURE TO COME

   

   

   

  SECRETARY

  	
  COUNTERSIGNED
  AND REGISTERED:

  COMPUTERSHARE TRUST COMPANY, N.A.

  TRANSFER
  AGENT AND REGISTRAR,

   

  
	
   

  	
  By

  	
   

  
	
   

  	
   

  	
  AUTHORIZED
  SIGNATURE

  

 

COLORS SELECTED FOR PRINTING: Logo prints BLUE

 

COLOR: This proof was printed from a digital
file or artwork on a graphics quality, color laser printer.  It is a good representation of the color as
it will appear on the final product. 
However, it is not an exact color rendition, and the final printed
product may appear slightly different from proof due to the difference between
the dyes and printing ink.

 

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RealD
Inc.

 

The following abbreviations,
when used in the inscription on the face of this certificate, shall be
construed as though they were written out in full according to applicable laws
or regulations:

 

TEN COM-as tenants in common

TEN ENT-as tenants by the entireties

JT TEN-as joint tenants with right of
survivorship and not as tenants in common

UNIF GIFT MIN ACT-Custodian (Cust) (Minor)
under Uniform Gifts to Minors Act

UNIF TRF MIN ACT — Custodian (Cust) (until
age...)(Minor) under Uniform Transfer to Minors Act (State)

 

Additional abbreviations may also be used
though not in the above list.

 

THE COMPANY WILL FURNISH WITHOUT CHARGE TO
EACH STOCKHOLDER WHO SO REQUESTS, A SUMMARY OF THE POWERS, DESIGNATIONS,
PREFERENCES AND RELATIVE, PARTICIPATING, OPTIONAL OR OTHER SPECIAL RIGHTS OF
EACH CLASS OF STOCK OF THE COMPANY AND THE QUALIFICATIONS, LIMITATIONS OR
RESTRICTIONS OF SUCH PREFERENCES AND RIGHTS, AND THE VARIATIONS IN RIGHTS,
PREFERENCES AND LIMITATIONS DETERMINED FOR EACH SERIES, WHICH ARE FIXED BY THE
CERTIFICATE OF INCORPORATION OF THE COMPANY, AS AMENDED, AND THE RESOLUTIONS OF
THE BOARD OF DIRECTORS OF THE COMPANY, AND THE AUTHORITY OF THE BOARD OF
DIRECTORS TO DETERMINE VARIATIONS FOR FUTURE SERIES.  SUCH REQUEST MAY BE MADE TO THE OFFICE
OF THE SECRETARY OF THE COMPANY OR TO THE TRANSFER AGENT.  THE BOARD OF DIRECTORS MAY REQUIRE THE
OWNER OF A LOST OR DESTROYED STOCK CERTIFICATE, OR HIS LEGAL REPRESENTATIVES,
TO GIVE THE COMPANY A BOND TO INDEMNIFY IT AND ITS TRANSFER AGENTS AND
REGISTRARS AGAINST ANY CLAIM THAT MAY BE MADE AGAINST THEM ON ACCOUNT OF
THE ALLEGED LOSS OR DESTRUCTION OF ANY SUCH CERTIFICATE.

 

For value received,
                                                ,
hereby sell, assign and transfer unto [PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE]

 

Shares

(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS,
INCLUDING ZIP CODE, OF ASSIGNEE)

 

of the Common Stock represented by the within
Certificate, and do hereby irrevocably constitute and appoint
                                  Attorney to transfer the said stock on the
books of the within-named Corporation with full power of substitution in the
premises.

 

Dated:
                                                                        
20

 

	
  Signature:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Signature:

  	
   

  	
   

  

 

NOTICE: THE SIGNATURE
TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF
THE CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT OR ANY
CHANGE WHATEVER.

 

	
  SIGNATURE(S) GUARANTEED:

  	
   

  	
   

  

THE SIGNATURE(S) MUST BE GUARANTEED BY AN
ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN
ASSOCIATIONS AND CREDIT UNIONS) WITH MEMBERSHIP IN AN APPROVED SIGNATURE
GUARANTEE MEDALLION PROGRAM), PURSUANT TO S.E.C. RULE 17Ad-15.

 

KEEP THIS CERTIFICATE IN A SAFE PLACE.  IF IT IS LOST, STOLEN, MUTILATED OR
DESTROYED, THE CORPORATION WILL REQUIRE A BOND OF INDEMNITY AS A CONDITION TO
THE ISSUANCE OF A REPLACEMENT CERTIFICATE.

 

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