Document:

Exhibit
10.12

AMENDED
AND RESTATED CONVERTIBLE PROMISSORY NOTE

	
 

	
 

	
US $1,150,000.00

	
May 28, 2009

	
 

	
Las Vegas, Nevada

          This
Amended and Restated Convertible Promissory Note (this “Note”) is entered into
as of May 28, 2009 by and between World Series of Golf, Inc., a Nevada
Corporation (“Maker”) and The Slitz Family Trust (“Holder”), which amends and
restates that certain Convertible Promissory Note dated February 1, 2009
between Maker and Holder.

          In
consideration of the mutual covenants and promises contained herein, the
parties agree as follows:

          1.
Principal
Obligation. FOR VALUE RECEIVED, WORLD SERIES OF GOLF, INC., a
Nevada corporation (“Maker”), promises to pay to THE SLITZ FAMILY TRUST the
principal sum of U.S. One Million One Hundred Fifty Thousand Dollars (US
$1,150,000.00).

          2.
Principal
and Interest Payable Upon Demand. All principal and accrued
interest shall be due and payable live (5) days after demand of Holder.

          3.
Security.
This Note is secured by a security agreement dated February 1, 2009 between
Maker and Holder.

          4.
Prior
Obligations Superseded; Final Payment Of Interest On Prior Obligations.
All prior debt obligations due and owing from Maker to Holder or to John Slitz
or Nancy Slitz shall be deemed replaced and superseded in their entirety by the
obligations set forth in this Note.

          5.
Interest.
The outstanding principal sum of this Note shall bear interest at eight percent
(8.00 %) per annum commencing February 1, 2009.

          6.
Prepayment.
Maker shall have the right to prepay all or any part of the principal amount of
this Note from time to time without penalty.

          7.
Default
and Acceleration. Any one or more of the following events shall
be deemed to be a breach by Maker of its obligations under this Note and an
event of default hereunder (individually, an “Event of Default”):

                    (i)
Holder’s failure to pay principal, interest, or any other indebtedness, or
monetary obligation or liability to Holder payable under this Note, or any
other agreement, note, or instrument, now or hereafter existing between Maker
and Holder, as and when due and payable, whether at maturity or by acceleration
and without the necessity of any prior demand therefor by Holder: or

                    (ii)
Maker’s failure to perform or breach of any non-monetary obligation, covenant,
agreement or condition under this Note, or any other agreement, note, or
instrument, 

Page 1 of 6

now or hereafter existing between Holder and Maker if
the same is not cured in full within ten (10) days following delivery of
written notice from Holder to Maker of such failure; or

                    (iii)
Maker’s commencement of a voluntary case or other proceeding seeking
liquidation, reorganization or other relief with respect to itself or its debts
under any bankruptcy, insolvency or other similar debtor relief law now or
hereafter in effect or seeking the appointment of a trustee, receiver,
liquidator, custodian or other similar official over it, or any substantial
part of its property, or Maker’s consent to any such relief or to the
appointment or taking possession by any such official in any involuntary case
or other proceeding commenced against it; or

                    (iv)
An involuntary case or other proceeding commenced against Maker seeking
liquidation, reorganization or other relief with respect to Maker or its debts
under any bankruptcy, insolvency or other similar debtor relief law now or
hereafter in effect or seeking the appointment of a trustee, receiver,
liquidator, custodian or other similar official over it, or over any
substantial part of its property, and such involuntary case or other proceeding
shall remain undismissed and unstayed for a period of thirty (30) days; or

                    (v)
Maker’s assignment for the benefit of creditors, or admission in writing its
inability to pay its debts generally as they become due; or

                    (vi)
Holder’s determination that any representation or warranty made by Maker in this
Note, or any other agreement, note, or instrument, now or hereafter existing
between Maker and Holder is or was, untrue or materially misleading at the time
made or at any time thereafter; or

                    (vii)
Any event or condition which Holder believes, in good faith, impairs or is
substantially likely to impair, the prospect of payment or performance by Maker
of its obligations under this Note.

          Upon
the occurrence of any Event of Default, Holder shall have and hereby expressly
preserves all rights and remedies, whether provided in this Note, at law, or in
equity. If any amount due under this Note is reduced to judgment, or if any
Event of Default described above shall occur, without limiting any of its ether
rights or remedies, Holder, or any successor Holder of this Note, may, at its
option, accelerate and declare the entire unpaid principal balance then payable
under this Note to be immediately due and payable.

          8.
Attorneys’
Fees. In the event that suit be brought hereon, or an attorney
be employed or expenses be incurred to compel payment of this Note or any
portion of the indebtedness evidenced hereby, or to enforce any rights or
remedies of Holder under this Note in accordance therewith, Maker promises to
pay all such attorney’s fees, costs and expenses of investigation as actually
incurred by Holder as a result thereof and including, without limitation,
attorneys’ fees, costs and expenses of expenses of investigation incurred in
appellate proceedings or in any action or participation in, or in connection
with, any case or proceeding under Chapters 7, 11 or 13 of the United States
Bankruptcy Code or any successor thereto.

          9.
Default
Interest Rate. If this Note is not paid in full on demand or the
date on which the due date of the indebtedness hereunder has been accelerated,
the unpaid principal and 

Page 2 of 6

accrued interest and all other amounts then due shall
bear interest thereafter at the lower of the maximum non-usurious rate or
eighteen percent (18%) per annum. Interest after default shall be immediately
due and payable from the due date specified herein and shall accrue until all
Events of Default have been fully cured or full payment is received, as
applicable.

          10.
Conversion
Option. Holder may, at its sole option, convert all or any
portion of the unpaid principal balance of this Note into shares of common
stock, par value $0.001 per share, of the Maker at a conversion price of $0.50
per share (“Conversion Price”).

          The
Conversion Price shall be subject to adjustment from time to time as follows:

                    (i)
If the number of outstanding shares of common stock of Maker is increased by a
dividend of shares, or split-up, or by a stock split, or by any other
subdivision, then the Conversion Price shall be appropriately decreased so that
the number of shares of common stock issuable on conversion of this Note shall
be increased in proportion to such increase of outstanding shares of common
stock.

                    (ii)
If the number of outstanding shares of common stock is decreased by a
combination of the outstanding shares or by a reverse stock split, then
following the record date of such combination, the Conversion Price shall be
appropriately increased so that the number of shares of common stock issuable
on conversion of this Note shall be decreased in proportion to such decrease in
outstanding shares of common stock.

          No
fractional shares shall be issued upon the conversion of this Note. In lieu of
issuing any fractional shares, Maker shall pay to the Holder in cash any
remainder resulting after the number of whole shares is determined as a result
of the conversion.

          In
order to exercise this conversion option, the Holder shall deliver to Maker at
its offices written notice of its intention to convert, which notice shall set
forth the amount of this Note to be converted (“Notice of Conversion”). If
Holder converts the entire accrued interest and unpaid principal balance of
this Note then outstanding, Holder shall also surrender this Note at the
offices of Maker. If only a partial conversion by Holder occurs, then together
with the Notice of Conversion Holder shall surrender this Note at the offices
of Maker in exchange for a new Note providing for the payment on the Maturity
Date of all remaining principal and accrued interest due and owing subsequent
to the conversion. Within ten (10) business days of Maker’s receipt of the
Notice of Conversion, the Maker shall deliver or cause to be delivered to the
Holder new shares of common stock issued in the name of the Holder. The Maker
shall at all times take any and all additional actions as are necessary to
maintain the required authority to issue shares in satisfaction of its
obligations to Holder hereunder, in the event the Holder exercises its rights
under this Option.

          11.
Waiver
of Notice. Maker and any endorsers, guarantors and sureties of
this Note, and each of them, jointly and severally hereby waive diligence,
grace, demand, presentment for payment, exhibition of this Note, notice of
nonpayment, notice of dishonor, protest, notice of protest, and any and all
exemption rights against the indebtedness evidenced by this Note, and
specifically consent to and waive notice of any renewals or extensions of this
Note, whether made to or in favor of the Maker or any other person or persons
and agree to any and all 

Page 3 of 6

extensions or renewals from time to time without
notice and to any partial payments of this Note made before or after maturity
and that no such extension, renewal or partial payment shall release any one or
all of them from the obligation of payment of this Note or any installment of
this Note, and consent to offsets of any sums owed to any one or all of them by
Holder at any time. The pleading of any statute of limitations as a defense to
any demand against Maker or any such endorsers, guarantors or sureties is
expressly waived by each and all of said parties.

          12.
Loss,
Theft, Destruction or Mutilation of Note. In the event of the
loss, theft or destruction of this Note, upon Maker’s receipt of a reasonably
satisfactory indemnification agreement executed in favor of Makers by the party
who held this Note immediately prior to its loss, theft or destruction, or in
the event of the mutilation of this Note, upon Holder’s surrender to Maker of
the mutilated Note, Maker shall execute and deliver to such party or Holder, as
the case may be, a new promissory note in form and content identical to this
Note in lieu of the lost, stolen, destroyed or mutilated Note.

          13.
Notices.
All notices required to be given hereunder shall be given as follows: 

	
 

	
 

	
 

	
To Maker:

	
 

	
 

	
 

	
World Series of Golf, Inc.

	
 

	
10161 Park Run Drive,
 Suite 150

	
 

	
Las Vegas, NV 89145

	
 

	
 

	
 

	
To Holder:

	
 

	
 

	
 

	
The Slitz Family Trust 

	
 

	
2820 High Sail Court

	
 

	
Las Vegas, NV

          14.
Exercise
of Rights. No single or partial exercise of any power granted to
Holder under this Note shall preclude any other or further exercise thereof or
the exercise of any other power. Holder shall at all times have the right to
proceed in such order and manner as Holder may deem fit, without waiving any
rights with respect to any other remedy. No delay or omission on the part of
Holder in exercising any right under this Note shall operate as a waiver of
such right or of any other right.

          15.
Successors
and Assigns. The terms of this Note shall apply to, inure to the
benefit of, and bind all parties hereto, their heirs, legatees, devisees,
administrators, executors, successors, and assigns.

          16.
Construction
of Note. Captions in this Note are included solely for
convenience and are not to be referred to in construing or interpreting this
Note. Each reference in this Note to a particular paragraph is a reference to a
paragraph of this Note unless otherwise expressly indicated. The terms
“include,” “includes,” and “including” are not used in any limiting sense, but
rather by way of example or illustration. If any portion of this Note is
declared invalid, illegal or unenforceable by any court of competent
jurisdiction, such portion shall be deemed severed from this Note and the
remaining portions shall continue in full force and effect. Time is strictly of
the essence of each and every provision of this Note.

Page 4 of 6

          17.
Choice
of Law; Actions.

                    (i)
This Note shall be constructed and construed in accordance with the internal
substantive laws of the State of Nevada, without regard to the choice of law
principles of said State.

                    (ii)
The exclusive venue of any action, suit, counterclaim or cross claim by either
Maker or Holder arising under, out of, or in connection with this Note shall be
Clark County, Nevada. Maker hereby consents to the personal jurisdiction of any
court of competent subject matter jurisdiction sitting in Clark County, Nevada.

          18.
Waiver
of Jury Trial. Maker hereby knowingly, voluntarily,
intentionally, unconditionally and irrevocably waives any and all right to
trial by jury in any action, suit, counterclaim or cross claim arising out of,
or in connection with this Note or any course of conduct, course of dealing,
statements (whether oral or written) or actions of Holder with respect to this
Note. Maker agrees that it has received sufficient consideration for its waiver
hereunder, and understands that any such action shall be tried by a judge
without a jury.

          19.
Amendments.
The only way to amend or otherwise modify this Note is for all the parties to
sign a written instrument which expresses the intent to amend or otherwise
modify this Note. The party benefited by any condition or obligation may waive
the same, but such waiver shall not be enforceable by another party unless made
in writing and signed by the waiving party.

          20.
Warrants.
As additional consideration, Holder shall be entitled to receive warrants
representing one million one hundred fifty thousand shares of Maker’s common
stock exercisable at $0.50 per share until February 1, 2015, which shall be
issued to Holder within ten (10) days of the execution of this Note upon the
terms and conditions of Maker’s form of warrant.

Page 5 of 6

          IN WITNESS
WHEREOF, this Note has been executed effective the date and place
above written.

	
 

	
 

	
 

	
 

	
WORLD SERIES OF GOLF, INC.,

	
 

	
A Nevada corporation (“Maker”)

	
 

	
 

	
 

	
 

	
By: 

	
   /s/ Joseph F. Martinez

	
 

	
 

	

	
 

	
 

	
  Joseph F. Martinez

	
 

	
 

	
  Chief Executive Officer

	
 

	
 

	
 

	
Accepted and approved on behalf of

	
 

	
The Slitz Family Trust (“Holder”)

	
 

	
 

	
 

	
 

	
By: 

	
  /s/ John Slitz

	
 

	
 

	

	
 

	
 

	
  John Slitz

	
 

	
 

	
  Trustee

	
 

	
 

	
 

	
 

	
By: 

	
 /s/ Nancy Slitz

	
 

	
 

	

	
 

	
 

	
  Nancy Slitz

	
 

	
 

	
  Trustee

Page 6 of 6Exhibit
10.13

THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT
BE OFFERED FOR SALE, SOLD OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED,
OR IN ACCORDANCE WITH AN EXEMPTION FROM REGISTRATION UNDER THAT ACT.

	
 

	
WARRANT TO PURCHASE

	
1,150,000 SHARES OF
 COMMON STOCK OF

	
WORLD SERIES OF GOLF,
 INC.

This certifies that The Slitz Family Trust, or any
party to whom this Warrant is assigned in accordance with its terms, is entitled
to subscribe for and purchase one million one hundred fifty thousand
(1,150,000) shares of the Common Stock of World Series of Golf, Inc., a Nevada
corporation, on the terms and conditions of this Warrant.

          1.
Definitions. As used in this Warrant, the term:

                    1.1
“Business Day” means any day other than a Saturday, Sunday, or a day on
which banking institutions in the State of New York are authorized or obligated
to be closed by law or by executive order.

                    1.2
“Common Stock” means the Common Stock, par value $.001 per share, of the
Corporation.

                    1.3
“Corporation” means World Series of Golf, Inc., a Nevada corporation, or
its successor.

                    1.4
“Expiration Date” means February 1, 2015.

                    1.5
“Holder” means The Slitz Family Trust, or any party to whom this Warrant
is assigned in accordance with its terms.

                    1.6
“1933 Act” means the Securities Act of 1933, as amended.

                    1.7
“Warrant” means this Warrant and any warrants delivered in substitution
or exchange for this Warrant in accordance with the provisions of this Warrant.

                    1.8
“Warrant Price” means $.50 per share of Common Stock, as such amount may
be adjusted pursuant to Section 4 hereof.

          2.
Exercise of Warrant. (a) At any time before the Expiration Date, the
Holder may exercise the purchase rights represented by this Warrant, in whole
or in part, by surrendering this Warrant (with a duly executed subscription in
the form attached) at the Corporation’s principal 

corporate office (located on the date hereof in Las
Vegas, Nevada) and by paying the Corporation, by check payable to the
Corporation, the aggregate Warrant Price for the shares of Common Stock being
purchased.

                    (b)
In lieu of exercising this Warrant pursuant to Section 2(a) above, the Holder
may elect to receive, without the payment by the Holder of any additional
consideration, shares of Common Stock equal to the value of this Warrant (or
the portion thereof being canceled) by surrender of this Warrant at the
principal office of the Corporation (together with a duly executed subscription
in the form attached), in which event the Corporation shall issue to the Holder
hereof a number of shares of Common Stock computed using the following formula:

	
 

	
 

	
X = 

	
Y (A-B)

	
 

	

	
 

	
     A

	
 

	
Where: X = The number of
 shares of Common Stock to be issued to the Holder pursuant to this net
 exercise;

	
 

	
 

	
Y = The number of shares
 of Common Stock in respect of which the net issue election is made;

	
 

	
 

	
A = The fair market value
 of one share of the Common Stock at the time the net issue election is made;

	
 

	
 

	
B = The Warrant Price (as
 adjusted to the date of the net issuance).

For purposes of this Warrant,
the “fair market value” of one share of Common Stock as of a particular date
shall be determined as follows: (i) if traded on a securities exchange or
through the Nasdaq Stock Market or through an interdealer quotation system such
as the OTC Bulletin Board, the value shall be deemed to be the average of the
closing sale prices of the Common Stock on such exchange or quotation system
over the ten (10) day period ending three (3) days prior to the net exercise
election; (ii) if traded over-the-counter, the value shall be deemed to be the
average of the closing sale price over the ten (10) day period ending three (3)
days prior to the net exercise. If there is no reported sale price for the
Common Stock the fair market value of the Common Stock shall be the value as
determined in good faith by the Board of Directors of the Corporation.

                    2.1
Delivery of Certificates. As soon as possible, and in any event within
fifteen (15) days, after each exercise of the purchase rights represented by
this Warrant, the Corporation, at its expense, shall deliver a certificate for
the shares of Common Stock so purchased to the Holder and, unless this Warrant
has been fully exercised or expired, a new Warrant representing the balance of
the shares of Common Stock subject to this Warrant.

                    2.2
Effect of Exercise. The person entitled to receive the shares of Common
Stock issuable upon any exercise of the purchase rights represented by this
Warrant shall be treated for all purposes as the holder of such shares of
record as of the close of business on the date of exercise.

2

                    2.3
Issue Taxes. The Corporation shall pay all issue and other taxes that
may be payable in respect of any issue or delivery to the Holder of shares of
Common Stock upon exercise of this Warrant.

          3.
Stock Fully Paid; Reservation of Shares. The Corporation covenants and
agrees that all securities that it may issue upon the exercise of the rights
represented by this Warrant will, upon issuance, be fully paid and
nonassessable and free from all taxes, liens and charges. The Corporation
further covenants and agrees that, during the period within which the Holder
may exercise the rights represented by this Warrant, the Corporation shall at
all times have authorized and reserved for issuance enough shares of its Common
Stock or other securities for the full exercise of the rights represented by
this Warrant. The Corporation shall not, by an amendment to its Articles of
Incorporation or through reorganization, consolidation, merger, dissolution,
issue or sale of securities, sale of assets or any other voluntary action,
avoid or seek to avoid the observance or performance of any of the terms of
this Warrant.

          4.
Adjustments. The Warrant Price and the number of shares of Common Stock
that the Corporation must issue upon exercise of this Warrant shall be subject
to adjustment in accordance with Sections 4.1 through 4.3.

                    4.1
Adjustment to Warrant Price for Combinations or Subdivisions of Common Stock.
If the Corporation at any time or from time to time after the date hereof (1)
declares or pays, without consideration, any dividend on the Common Stock
payable in Common Stock; (2) creates any right to acquire Common Stock for no
consideration; (3) subdivides the outstanding shares of Common Stock (by stock
split, reclassification or otherwise); or (4) combines or consolidates the
outstanding shares of Common Stock, by reclassification or otherwise, into a
lesser number of shares of Common Stock, the Corporation shall proportionately
increase or decrease the Warrant Price, as appropriate.

                    4.2
Adjustments for Reclassification and Reorganization. If the Common Stock
issuable upon exercise of this Warrant changes into shares of any other class
or classes of security or into any other property for any reason other than a
subdivision or combination of shares provided for in Section 4.1, including
without limitation any reorganization, reclassification, merger or consolidation,
the Corporation shall take all steps necessary to give the Holder the right, by
exercising this Warrant, to purchase the kind and amount of securities or other
property receivable upon any such change by the owner of the number of shares
of Common Stock subject to this Warrant immediately before the change.

                    4.3
Spin Offs. If the Corporation spins off any subsidiary by distributing
to the Corporation’s shareholders as a dividend or otherwise any stock or other
securities of the subsidiary, the Corporation shall reserve until the
Expiration Date enough of such shares or other securities for delivery to the
Holders upon any exercise of the rights represented by this Warrant to the same
extent as if the Holders owned of record all Common Stock or other securities
subject to this Warrant on the record date for the distribution of the
subsidiary’s shares or other securities.

                    4.4
Certificates as to Adjustments. Upon each adjustment or readjustment
required by this Section 4, the Corporation at its expense shall promptly
compute such 

3

adjustment or readjustment in accordance with this
Section, cause independent public accountants selected by the Corporation to
verify such computation and prepare and furnish to the Holder a certificate
setting forth such adjustment or readjustment and showing in detail the facts
upon which such adjustment or readjustment is based.

          5.
Fractional Shares. The Corporation shall not issue any fractional shares
in connection with any exercise of this Warrant.

          6.
Dissolution or Liquidation. If the Corporation dissolves, liquidates or
winds up its business before the exercise or expiration of this Warrant, the
Holder shall be entitled, upon exercising this Warrant, to receive in lieu of
the shares of Common Stock or any other securities receivable upon such
exercise, the same kind and amount of assets as would have been issued,
distributed or paid to it upon any such dissolution, liquidation or winding up
with respect to such shares of Common Stock or other securities, had the Holder
been the holder of record on the record date for the determination of those
entitled to receive any such liquidating distribution or, if no record is
taken, upon the date of such liquidating distribution. If any such dissolution,
liquidation or winding up results in a cash distribution or distribution of
property which the Corporation’s Board of Directors determines in good faith to
have a cash value in excess of the Warrant Price provided by this Warrant, then
the Holder may, at its option, exercise this Warrant without paying the
aggregate Warrant Price and, in such case, the Corporation shall, in making
settlement to Holder, deduct from the amount payable to Holder an amount equal
to such aggregate Warrant Price.

          7.
Transfer and Exchange.

                    7.1
Transfer. Subject to Section 7.3, the Holder may transfer all or part of
this Warrant at any time on the books of the Corporation at its principal
office upon surrender of this Warrant, properly endorsed. Upon such surrender,
the Corporation shall issue and deliver to the transferee a new Warrant or
Warrants representing the Warrants so transferred. Upon any partial transfer,
the Corporation shall issue and deliver to the Holder a new Warrant or Warrants
with respect to the Warrants not so transferred.

                    7.2
Exchange. The Holder may exchange this Warrant at any time at the
principal office of the Corporation for Warrants in such denominations as the
Holder may designate in writing. No such exchanges will increase the total
number of shares of Common Stock or other securities that are subject to this
Warrant.

                    7.3
Securities Act of 1933. By accepting this Warrant, the Holder agrees
that this Warrant and the shares of the Common Stock issuable upon exercise of
this Warrant may not be offered or sold except in compliance with the 1933 Act,
and then only with the recipient’s agreement to comply with this Section 7 with
respect to any resale or other disposition of such securities. The Corporation
may make a notation on its records in order to implement such restriction on
transferability.

          8.
Loss or Mutilation. Upon the Corporation’s receipt of reasonably
satisfactory evidence of the ownership and the loss, theft, destruction or
mutilation of this Warrant and (in the case of loss, theft or destruction) of a
reasonably satisfactory indemnity or (in the case of

4

mutilation) upon surrender and cancellation of this
Warrant, the Corporation shall execute and deliver a new Warrant to the Holder.

          9.
Successors. All the covenants and provisions of this Warrant shall bind
and inure to the benefit of the Holder and the Corporation and their respective
successors and assigns.

          10
Notices. All notices and other communications given pursuant to this
Warrant shall be in writing and shall be deemed to have been given when
personally delivered or when mailed by prepaid registered, certified or express
mail, return receipt requested. Notices should be addressed as follows:

	
 

	
 

	
 

	
 

	
(a) If to Holder, then to:

	
 

	
 

	
 

	
 

	
The Slitz Family Trust

	
 

	
 

	
2820 High Sail Court

	
 

	
 

	
Las Vegas, NV 89117

	
 

	
 

	
 

	
 

	
(b) If to the Corporation, then to:

	
 

	
 

	
 

	
 

	
World Series of Golf, Inc.

	
 

	
 

	
10161 Park Run Drive, Suite 150

	
 

	
 

	
Las Vegas, NV 89141

Such addresses for notices may be changed by any party
by notice to the other party pursuant to this Section 10.

          11.
Amendment. This Warrant may be amended only by an instrument in writing
signed by the Corporation and the Holder.

          12.
Construction of Warrant. This Warrant shall be construed as a whole and
in accordance with its fair meaning. A reference in this Warrant to any section
shall be deemed to include a reference to every section the number of which
begins with the number of the section to which reference is made. This Warrant
has been negotiated by both parties and its language shall not be construed for
or against any party.

          13.
Law Governing. This Warrant is executed, delivered and to be performed
in the State of New York and shall be construed and enforced in accordance with
and governed by the New York law without regard to any conflicts of law or
choice of forum provisions.

Dated as of June 2, 2009 

	
 

	
 

	
 

	
 

	
World Series of Golf, Inc.

	
 

	
 

	
 

	
By: 

	
/s/ Joseph F. Martinez 

	
 

	
 

	

	
 

	
 

	
Name: Joseph F. Martinez

	
 

	
 

	
Title:   Chief Executive Officer

5

SUBSCRIPTION
FORM

(To
be executed only upon exercise of Warrant)

          The
undersigned Holder hereby irrevocably elects to exercise the attached Warrant
and to purchase ____________ shares of Common Stock of World Series of Golf,
Inc. issuable upon the exercisable of such Warrant and requests that
certificates for such shares of Common Stock be issued in the name of:

	

	
(Please
 type or print name and address)

	
 

	

	
 

	

	
 

	

	
(Social
 Security or Taxpayer I.D. No.)

	
 

	
 

	
and delivered to 

	

	
 

	
 

	

	
(Please
 type or print name and address)

and, if such number of
shares of Common Stock shall not be all the shares of Common Stock evidenced by
such Warrant, that a new Warrant for the balance of such shares of Common Stock
shall be registered in the name of, and delivered to, the Holder at the address
stated below. Capitalized terms used and not defined herein shall have the
respective meaning ascribed to them in the attached Warrant.

In full payment of the
purchase price with respect to the shares of Common Stock exercised, the
undersigned hereby [tenders payment of $ ________ by check payable in United
States currency to the order of World Series of Golf, Inc. pursuant to Section
1(a) of the attached Warrant] [exercises the attached Warrant with respect to
_____ shares of Common Stock via means of cashless exercise pursuant to Section
1(b) of the attached Warrant and instructs the Corporation to issue _____
shares of Common Stock to the Holder.]

	
 

	
 

	
 

	
 

	
Dated:

	
 

	
 

	
 

	
 

	

	
 

	

	
 

	
 

	
 

	
 

	

	
 

	
 

	
 

	
(Address)

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	
 

	
(Social
 Security or Taxpayer I.D. No.)

	
 

	
ISSUE
 OF A NEW WARRANT

	
 

	
(To be
 executed only upon partial exercise,

	
exchange,
 or partial transfer of Warrant)

          Please
issue ______ Warrants, each representing the right to purchase ______ shares of Common Stock
of World Series of Golf,
Inc. to the registered holder.

	
 

	
 

	
Dated: 

	
 

	
 

	
 

	
 

	

	
 

	
(Signature of Registered Holder)

FORM
OF ASSIGNMENT

          FOR
VALUE RECEIVED, the undersigned registered Holder of this Warrant sells,
assigns and transfers unto the Assignee named below all of the rights of the
undersigned under the Warrant, with respect to the number of shares of Common
Stock set forth below (the “Transfer”):

	
 

	
 

	
 

	
Name of Assignee  

	
Address  

	
No. of Shares  

	

	

	

The undersigned irrevocably constitutes and appoints ________as
the undersigned’s attorney-in-fact, with full power of substitution, to make
the transfer on the books of World Series of Golf, Inc. 

	
 

	
 

	
Dated: 

	
 

	
 

	
 

	

	
 

	
          (Signature)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}]]