Document:

EXHIBIT
10.3

 

Amendment
No. 1 to the Imprimis Pharmaceuticals, Inc.

 

Amended
and Restated 2007 Incentive Stock and Awards Plan

 

This
Amendment No. 1 to the Imprimis Pharmaceuticals, Inc. Amended and Restated 2007 Incentive Stock and Awards Plan (the “Plan”)
is effective as of September 27, 2013.

 

The
Plan is hereby amended by replacing Section 4(a) in its entirety as follows:

 

(a)
Subject to adjustment as provided in Section 9 hereof, a total of Five Million (5,000,000) shares of the Company’s common
stock, par value $0.001 per share (the “Stock”), shall be subject to the Plan. The shares of Stock subject to the
Plan shall consist of unissued shares, treasury shares or previously issued shares held by any Subsidiary of the Company, and
such number of shares of Stock shall be and is hereby reserved for such purpose. Any of such shares of Stock that may remain unissued
and that are not subject to outstanding Options or Restricted Stock Units at the termination of the Plan shall cease to be reserved
for the purposes of the Plan, but until termination of the Plan the Company shall at all times reserve a sufficient number of
shares of Stock to meet the requirements of the Plan. Should any Option or award of Restricted Stock or Restricted Stock Units
expire or be canceled prior to its exercise or vesting in full or should the number of shares of Stock to be delivered upon the
exercise or vesting in full of an Option or award of Restricted Stock or Restricted Stock Units be reduced for any reason, the
shares of Stock theretofore subject to such Option, Restricted Stock or Restricted Stock Units may be subject to future Options,
Restricted Stock or Restricted Stock Units under the Plan.

 

The
Plan is hereby further amended by replacing Section 4(c) in its entirety as follows:

 

(c)
For awards of Restricted Stock or Restricted Stock Units that are intended to qualify as “performance-based compensation”
under Section 162(m) of the Code, the maximum number of shares of Stock with respect to which such awards may be granted to any
Grantee in any calendar year shall be One Million Two Hundred Fifty Thousand (1,250,000) shares. The foregoing limitation shall
be adjusted proportionately in connection with any change in the Company’s capitalization pursuant to Section 9, below.
Subject to the terms of the Plan, awards of Restricted Stock or Restricted Stock Units that are intended to qualify as performance-based
compensation under Section 162(m) of the Code shall be subject to satisfaction of performance criteria. The performance criteria
established by the Committee may be based on any one of, or combination of, the following: (i) increase in share price, (ii) earnings
per share, (iii) total stockholder return, (iv) operating margin, (v) gross margin, (vi) return on equity, (vii) return on assets,
(viii) return on investment (ix) operating income, (x) net operating income, (xi) pre-tax profit (xii) cash flow, (xiii) revenue,
(xiv) expenses, (xv)

 

    	 

    	 

    

 

earnings
before interest, taxes and depreciation, (xvi) economic value added and (xvii) market share. The performance criteria may be applicable
to the Company, Subsidiaries and/or any individual business units of the Company or any Subsidiary. Partial achievement of the
specified criteria may result in a payment or vesting corresponding to the degree of achievement as specified in the Restricted
Stock or Restricted Stock Unit agreement. In addition, the performance criteria shall be calculated in accordance with generally
accepted accounting principles, but excluding the effect (whether positive or negative) of any change in accounting standards
and any extraordinary, unusual or nonrecurring item, as determined by the Committee, occurring after the establishment of the
performance criteria applicable to the award intended to be performance-based compensation. Each such adjustment, if any, shall
be made solely for the purpose of providing a consistent basis from period to period for the calculation of performance criteria
in order to prevent the dilution or enlargement of the Grantee’s rights with respect to an award intended to be performance-based
compensation.

 

*****

 

In
witness of the foregoing, the undersigned Secretary of Imprimis Pharmaceuticals, Inc. hereby certifies that the foregoing Amendment
to the Amended and Restated 2007 Incentive Stock and Awards Plan was duly adopted by the Board of Directors of the Company on
September 9, 2013 and approved by the stockholders on September 27, 2013.

 

	 	/s/
    Mark L. Baum
	 	Mark
    L. Baum
	 	SecretaryExhibit
10.1

 

Securities
Purchase Agreement

 

This
Securities Purchase Agreement (the “Agreement”) is made as of November 1, 2013 (the “Effective
Date”) by and among Petroterra Corp., a Nevada corporation (the “Company”),
and the undersigned purchaser (the “Purchaser”).

 

Recitals

 

WHEREAS
, the Company is offering up to an aggregate of 150,000 shares (the “Shares”) of Common Stock
par value $0.001 per share (the “Common Stock”) at a per Share purchase price of $0.50.

 

WHEREAS, the Purchaser
desires to purchase and the Company desires to sell the Shares on the terms and conditions described herein.

 

Agreement

 

Now,
Therefore, in consideration of the foregoing, and the representations, warranties, covenants and conditions set forth
below, the Company and the Purchaser, intending to be legally bound, hereby severally and not jointly agree as follows:

 

1. Purchase
of Shares. Subject to the terms of this Agreement,
at the Closing (as defined below) the Company agrees to issue and sell to the Purchaser, and the Purchaser agrees to purchase from
the Company, 150,0000 Shares of the Common Stock of the Company, for an aggregate purchase price of $75,000.00 (the “Purchase
Price”). 

 

2. Use
of Proceeds. The Company shall use the proceeds
from the sale of the Shares for general corporate purposes.

 

 3. The Closing(s)

 

3.1 Closing
Date. The closing of the sale and purchase of the Shares (the “Closing”)
shall be held on the Effective Date.

 

3.2 Delivery.
At the Closing, (i) the Purchaser will deliver to the Company a check or wire transfer
funds in the amount of $75,000.00; and (ii) the Company will issue and deliver to the Purchaser (a) a certificate representing
the Shares, which shall be registered in the name of the Purchaser or such other name as shall be designated by the Purchaser.

 

 4. Representations and Warranties of the Company. The Company hereby represents and warrants to the Purchaser at the Closing, as of the date of such Closing, as follows:

 

4.1 Organization
and Authority. The Company (i) is a corporation or company, as applicable, validly existing
and in good standing under the laws of the jurisdiction of its incorporation or formation, as applicable, (ii) has all requisite
corporate power or company power, as applicable, and authority to own, lease and operate its properties and to carry on its business
as presently conducted, and (iii) has all requisite corporate power or company power, as applicable, and authority to execute,
deliver and perform their obligations under this Agreement, and to consummate the transactions contemplated thereby.

 

    	 

    	 

    

 

4.2 Authorization.
This Agreement has been duly and validly authorized by the Company. This Agreement, assuming due execution and delivery by the
Purchaser, when the Agreement is executed and delivered by the Company, will be, a valid and binding obligation of the Company,
enforceable in accordance with its terms, except as the enforceability hereof may be limited by bankruptcy, insolvency, reorganization,
moratorium or other similar laws now or hereafter in effect relating to or affecting creditors’ rights generally and general
principles of equity, regardless of whether enforcement is considered in a proceeding in equity or at law.

 

4.3 Filings,
Consents and Approvals. The Company is not required to obtain any consent, waiver, authorization
or order of, give any notice to, or make any filing or registration with, any court or other federal, state, local or other governmental
authority or other person in connection with the execution, delivery and performance by the Company of this Agreement other than
such filings as may be required by any federal or state securities laws.

 

4.4 Private
Placement. Assuming the accuracy of the representations and warranties of the Purchaser
set forth in Section 5 below and as set forth on Exhibit A, no registration under the Securities Act of 1933, as amended (the
“Securities Act”) is required for the offer and sale of the Shares by the Company to the Purchaser as
contemplated hereby.

 

 5. Representations and Warranties of the Purchaser

 

5.1 The
Purchaser acknowledges that this subscription may be accepted or rejected, in whole or in part, by the Company in its sole discretion.
The Company shall have no obligation to issue and sell the Shares to the Purchaser unless and until this Agreement is executed
and delivered by the Purchaser and accepted by the Company and the Company has received the Purchase Price.

 

5.2 Except
as provided under applicable state securities laws, this subscription is irrevocable upon acceptance by the Company, except that
the Purchaser shall have no obligation under it in the event that the subscription is rejected in whole or the offering of the
Shares is canceled.

 

5.3 The
Purchaser recognizes that the purchase of the Shares involves a high degree of risk including, but not limited to, the following:
(i) an investment in the Company is highly speculative, and only investors who can afford the loss of their entire investment should
consider investing in the Company and the Shares; (ii) the Purchaser may not be able to liquidate his or her investment; (iii)
transferability of the Shares is extremely limited; (iv) in the event of a disposition of the Shares, the Purchaser could sustain
the loss of his entire investment, and (v) the Company has not paid any dividends since inception and does not anticipate
the payment of dividends in the foreseeable future.

 

5.4 Regulation
S Exemption. The Purchaser understands that the Shares are being offered and sold to it in reliance on an exemption from the
registration requirements of United States federal and state securities laws under Regulation S promulgated under the Securities
Act and that the Company is relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments
and understandings of the Purchaser set forth herein in order to determine the applicability of such exemptions and the suitability
of the Purchaser to acquire the Shares. In this regard, the Purchaser represents, warrants and agrees that:

 

    	2

    	 

    

 

(a) The
Purchaser is not a U.S. Person (as defined below). A U.S. Person means any one of the following:

 

(i) any
U.S. Citizen

 

(ii) any
natural person resident in the United States of America;

 

(iii) any
partnership or corporation organized or incorporated under the laws of the United States of America;

 

(iv) any
estate of which any executor or administrator is a U.S. person;

 

(v) any
trust of which any trustee is a U.S. person;

 

(vi) any
agency or branch of a foreign entity located in the United States of America;

 

(vii) any
non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit
or account of a U.S. Person;

 

(viii) any
discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated
or (if an individual) resident in the United States of America; and

 

(ix) any
partnership or corporation if: (a) organized or incorporated under the laws of any foreign jurisdiction; and (b) formed by a U.S.
Person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or
incorporated, and owned, by accredited investors (as defined in Rule 501(a) under the Securities Act) who are
not natural persons, estates or trusts.

 

(b) At
the time of the origination of contact concerning this Agreement and the date of the execution and delivery of this Agreement,
each Purchaser was outside of the United States.

 

(c) The
Purchaser will not, during the period commencing on the date of issuance of the Shares and ending on the first anniversary of such
date, or such shorter period as may be permitted by Regulation S or other applicable securities law (“Restricted Period”),
offer, sell, pledge or otherwise transfer the Shares in the United States, or to a U.S. Person for the account or benefit of a
U.S. Person, or otherwise in a manner that is not in compliance with Regulation S.

 

(d) The
Purchaser will, after expiration of the Restricted Period, offer, sell, pledge or otherwise transfer the Shares only pursuant to
registration under the Securities Act or an available exemption therefrom and, in accordance with all applicable state and foreign
securities laws.

 

(e) The
Purchaser has not in the United States, engaged in, and prior to the expiration of the Restricted Period will not engage in, any
short selling of or any hedging transaction with respect to the Shares, including without limitation, any put, call or other option
transaction, option writing or equity swap.

 

(f) Neither
the Purchaser nor or any person acting on its behalf has engaged, nor will engage, in any directed selling efforts to U.S. Citizens
with respect to the Shares and the Purchaser and any person acting on its behalf have complied and will comply with the “offering
restrictions” requirements of Regulation S under the Securities Act.

 

    	3

    	 

    

 

(g) The
transactions contemplated by this Agreement have not been pre-arranged with a buyer located in the United States or with a U.S.
Person, and are not part of a plan or scheme to evade the registration requirements of the Securities Act.

 

(h) Neither
the Purchaser nor any person acting on its behalf has undertaken or carried out any activity for the purpose of, or that could
reasonably be expected to have the effect of, conditioning the market in the United States, its territories or possessions, for
any of the Shares. The Purchaser agrees not to cause any advertisement of the Shares to be published in any newspaper or periodical
or posted in any public place and not to issue any circular relating to the Shares, except such advertisements that include the
statements required by Regulation S under the Securities Act, and only offshore and not in the U.S. or its territories, and only
in compliance with any local applicable securities laws.

 

(i) Each
certificate representing the Shares shall be endorsed with the following legends:

 

“THE
SHARES ARE BEING OFFERED TO INVESTORS WHO ARE NOT U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (“THE SECURITIES ACT”)) AND WITHOUT REGISTRATION WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION
UNDER THE SECURITIES ACT IN RELIANCE UPON REGULATION S PROMULGATED UNDER THE SECURITIES ACT.”

 

“TRANSFER
OF THESE SHARES IS PROHIBITED, EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S, PURSUANT TO REGISTRATION UNDER THE SECURITIES
ACT, OR PURSUANT TO AVAILABLE EXEMPTION FROM REGISTRATION. HEDGING TRANSACTIONS MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH
THE SECURITIES ACT.”

 

Any
other legend required to be placed thereon by applicable federal or state securities laws.

 

(j) The
Purchaser consents to the Company making a notation on its records or giving instructions to any transfer agent of the Company
in order to implement the restrictions on transfer of the Shares.

 

5.5 The
Purchaser hereby acknowledges and represents that the Purchaser has prior investment experience, including investment in securities
that are not listed, are unregistered and are not traded on any stock exchange or an automated quotation system.

 

5.6 The
Purchaser hereby acknowledges receipt and careful review of this Agreement and hereby represents that the Purchaser has been furnished
by the Company during the course of this transaction with all information regarding the Company and the Shares that the Purchaser
has requested or desired to know, has been afforded the opportunity to ask questions of, and to receive answers from, duly authorized
officers or other representatives of the Company concerning the terms and conditions of the Shares and the affairs of the Company
and has received any additional information which the Purchaser has requested. In evaluating the suitability of this investment
in the Company, the Purchaser has not relied upon any representations or other information (whether oral or written) other than
as set forth in this Agreement.

 

5.7 To
the extent the Purchaser has deemed necessary, the Purchaser has retained, at the sole expense of the Purchaser, and relied upon
appropriate professional advice regarding the investment, tax and legal merits and consequences of this Agreement and its purchase
of the Shares hereunder.

 

    	4

    	 

    

 

5.8 The
Purchaser represents that no Shares were offered or sold to it by means of any form of general solicitation or general advertising,
and in connection therewith the Purchaser did not (A) receive or review any advertisement, article, notice or other communication
published in a newspaper or magazine or similar media or broadcast over television or radio, whether closed circuit or generally
available; or (B) attend any seminar meeting or industry investor conference whose attendees were invited by any general solicitation
or general advertising.

 

5.9 The
Purchaser hereby represents that such Purchaser either by reason of the Purchaser’s business or financial experience, or
the business or financial experience of the Purchaser’s professional advisors (who are unaffiliated with and who are not
compensated by the Company or any affiliate or selling agent of the Company, directly or indirectly), has the capacity to protect
such Purchaser’s interests in connection with the transaction contemplated hereby and to adequately evaluate the risks and
merits of the investment in the Shares.

 

5.10 The
Purchaser is able to bear the substantial economic risks of an investment in the Company and could afford a complete loss of such
investment. The Purchaser’s overall commitment to investments which are not readily marketable is not disproportionate to
the Purchaser’s net worth and the Purchaser’s investment in the Company will not cause such overall commitment to become
excessive. The Purchaser has adequate net worth and means of providing for current needs and personal contingencies to sustain
a complete loss of the Purchaser’s investment in the Company, and the Purchaser has no need for liquidity in this investment.

 

5.11 The
Purchaser hereby acknowledges that the Shares have not been reviewed by the Commission or any state regulatory authority, and that
the sale of the Shares is intended to be exempt from the registration requirements of Section 8 of the Securities Act based in
part upon the Purchaser’s representations and agreements contained in this Agreement. The Purchaser agrees that it shall
not sell or otherwise transfer the Shares unless they are registered under the Securities Act and applicable state securities laws
or unless and until the Company receives an opinion of counsel satisfactory to the Company that an exemption from such registration
is available. The Purchaser acknowledges that no federal or state agency has made any determination as to the fairness of the offering
of the Shares, or any recommendation or endorsement of the Shares.

 

5.12 The
Purchaser understands that the Shares have not been registered under the Securities Act by reason of a claimed exemption under
the provisions of the Securities Act which depends, in part, upon the Purchaser’s investment intention. In this connection,
the Purchaser hereby represents that the Purchaser is purchasing the Shares for the Purchaser’s own account for investment
and not with a view toward the resale or distribution to others. If other than a natural person, the Purchaser was not formed for
the purpose of purchasing the Shares.

 

5.13 The
Purchaser understands that the Shares may not be sold, transferred, or otherwise disposed of without registration under the Securities
Act or an exemption therefrom, and that in the absence of an effective registration statement covering the Shares or an available
exemption from registration under the Securities Act, the Shares must be held indefinitely. In particular, the Purchaser is aware
that the Shares may not be sold pursuant to Rule 144 promulgated under the Securities Act unless all of the conditions of such
rule are met.

 

5.14 The
Purchaser acknowledges that except as set forth in Section 4 of this Agreement, the Company has made no representations with respect
to registration of the Shares, that no such registration is contemplated in the foreseeable future, that there can be no assurance
that there will be any market for the Shares in the future, and that, as a result, the Purchaser must be prepared to bear the economic
risk of his or her entire investment for an indefinite period of time.

 

    	5

    	 

    

 

5.15 The
Purchaser consents to the placement of a legend on any certificate or other document evidencing the Shares that such Shares have
not been registered under the Securities Act or any state securities or “blue sky” laws and setting forth or referring
to the restrictions on transferability and sale thereof contained in this Agreement. The Purchaser is aware that the Company will
make a notation in its appropriate records with respect to the restrictions on the transferability of such Shares.

 

5.16 The
Purchaser hereby represents that the address of the Purchaser furnished by Purchaser on the signature page hereof is the Purchaser’s
legal residence or principal business address, as the case may be.

 

5.17 The
Purchaser represents that the Purchaser has full power and authority to execute and deliver this Agreement and to purchase the
Shares. This Agreement constitutes the legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser
in accordance with its terms.

 

5.18 The
Purchaser acknowledges that at such time, if ever, as the Shares are registered under the Securities Act, sales of the Shares will
continue to be subject to state securities laws.

 

5.19 The
Purchaser represents and warrants that such Purchaser has not engaged, consented to nor authorized any broker, finder or intermediary
to act on such Purchaser’s behalf, directly or indirectly, as a broker, finder or intermediary in connection with the transactions
contemplated by this Agreement. The Purchaser shall indemnify and hold harmless the Company from and against all fees, commissions
or other payments owing to any such person or firm acting on behalf of such Purchaser hereunder.

 

5.20 The
Purchaser shall be the beneficial owner of the Shares for which such Purchaser subscribes.

 

5.21 If
this Agreement is executed and delivered on behalf of a partnership, trust, corporation or other entity, the Purchaser has been
duly authorized to execute and deliver this Agreement and all other documents and instruments executed and delivered on behalf
of such entity in connection with this investment in the Company.

 

5.22 The
Purchaser has completed the Statement of Investor Status attached hereto as Exhibit A, and represents and warrants that
the information contained in such documents is true and complete as of the date of this Agreement.

 

5.23 The
foregoing representations and warranties are true as of the date of this Agreement and shall be true as of the date each Closing.
If, in any respect, such representations and warranties shall not be true on or prior to such dates, the Purchaser will give prompt
written notice of such fact to the Company.

 

5.24 The
Purchaser understands and acknowledges that the Company may conduct additional offerings simultaneously and may issue shares of
its Common Stock or other securities at a per share price that may be different than the purchase price paid for the Shares or
with other terms and conditions that may not be offered to the Purchaser hereto.

 

6. “Market
Stand-off” Agreement

 

 6.1 The Purchaser
agrees that, if the Purchaser is requested by the Company or an underwriter (an “Underwriter”) of shares of the Company’s
Common Stock or other securities of the Company, the Purchaser will not sell, assign or otherwise transfer or dispose of any Common
Stock or other securities of the Company held by it or under its control for a specified period of time (not to exceed 180 days)
following the effective date of a registration statement filed by the Company under the Securities Act in connection with such
underwritten offering. Although the provisions of Section 6 of this Agreement shall be binding upon the Purchaser and his successors
and assigns without the execution of any further agreements or documents memorializing this obligation, if the Company or an Underwriter
so requests the Purchaser will execute such further agreements and documents as are requested to further memorialize this obligation.
Any such further agreements or documents shall be in a form satisfactory to the Company and the Underwriter. The Company may impose
stop-transfer instructions with respect to the shares of Common Stock or other securities subject to the foregoing restriction
until the end of the specified period.

 

    	6

    	 

    

 

 7. Miscellaneous

 

7.1 Notice.
Any notice or other communication given hereunder shall be deemed sufficient if in writing
and sent by registered or certified mail, return receipt requested, by overnight delivery by reputable courier or delivered by
hand against written receipt therefor, if to the Company addressed to 607 28 1/4 Road, Suite 115, Grand Junction, CO 81506, Attn:
Chief Executive Officer, or such other address as has been provided to the Purchaser by the Company in writing, and if to the
Purchaser at the Purchaser’s address stated on the signature page of this Agreement, or such other address as has been provided
to the Company by the Purchaser in writing. Notices shall be deemed to have been given or delivered on the date of mailing, except
notices of change of address, which shall be deemed to have been given or delivered when received.

 

7.2 Amendment.
This Agreement shall not be changed, modified or amended except by a writing signed by the parties to be charged, and this Agreement
may not be discharged except by performance in accordance with its terms or by a writing signed by the party to be charged.

 

7.3 Successors
and Assigns; Entire Agreement. This Agreement shall be binding upon and inure to the benefit
of the parties hereto and their respective heirs, legal representatives, successors and assigns. Any such transferee or assignee
of the Purchaser will be bound by this Agreement and shall explicitly assume any obligations of the Purchaser under this Agreement
in a writing delivered to the Company. This Agreement sets forth the entire agreement and understanding between the parties as
to the subject matter hereof and merge and supersede all prior discussions, agreements and understandings of any and every nature
among them.

 

7.4 Waiver.
A waiver by either party of a breach of any provision of this Agreement shall not operate, or be construed, as a waiver of any
subsequent breach by the same party.

 

7.5 Further
Assurances. The parties shall execute and deliver all such further documents, agreements
and instruments and shall take such other and further action as may be necessary or appropriate to carry out the purposes and intent
of this Agreement.

 

7.6 Counterparts.
This Agreement may be executed in two or more counterparts each of which shall be deemed an original, but all of which shall together
constitute one and the same instrument. Executed facsimile or other electronic signature pages (e.g., portable document format)
to this Agreement shall be considered originals.

 

7.7 Governing
Law. This Agreement shall be governed by and construed in accordance with the internal
laws of the State of Nevada without regard to principles of conflicts or choice of law.

 

7.8 Expenses.
The Purchaser will pay such Purchaser’s own expenses in connection with the transactions contemplated hereby, whether or
not such transactions are consummated.

 

    	7

    	 

    

 

7.9 Survival.
The representations, warranties and covenants of the Purchaser contained herein shall survive the closing of the purchase and sale
of the Shares and any transfer or disposition of the Shares.

 

[The remainder
of this page has been intentionally left blank.]

 

    	8

    	 

    

 

In
Witness Whereof, the parties have executed this Securities Purchase Agreement
as of the date first written above.

 

	 	Company:
	 	 
	 	Petroterra corp.
	 	 	 
	 	By:	/s/
    John Barton
	 	Name:	John Barton
	 	Title:	Chief Executive Officer
	 	 	 
	 	PURCHASER:

	 	 
	 	/s/
    Antoine Ratsaphong
	 	Signature of Purchaser (or Authorized Person)
	 	
	 	Antoine Ratsaphong
	 	Print Name of Authorized Person

	 	 
	 	Ardmore
    Investments, Inc.
	 	Print Name of Purchaser
	 	 
	 	Luna House
	 	Address
	 	 
	 	Mannerheimintie 12B
	 	 
	 	FIN
    - 00100 Helsinki, Finland
	 	 

 

    	9

    	 

    

 

STATEMENT
OF INVESTOR STATUS

 

(All
Information Will Be Treated Confidentially)

 

INSTRUCTIONS

 

This
document is intended for a selected group of prospective investors in PETROTERRA CORP., a Nevada corporation (“Company”).
The primary purpose of this Statement of Investor Status (this “Statement”), to be completed and provided by
each Purchaser, is to elicit information sufficient to permit the Company to reasonably conclude that the Purchaser has sufficient
investment sophistication, ability to take financial risk associated with the investment, meet the Company’s investment
standards and requirements, and meet the requirements of U.S. federal, state and certain other applicable securities laws.

 

If
the answer to any question is “None” or “Not Applicable,” please so state.

 

YOUR
ANSWERS WILL AT ALL TIMES BE KEPT STRICTLY CONFIDENTIAL. EACH PERSON COMPLETING AND SIGNING THIS STATEMENT AGREES, HOWEVER, THAT
COMPANY MANAGEMENT MAY PRESENT THIS STATEMENT TO SUCH PARTIES AS MANAGEMENT DEEMS APPROPRIATE IF CALLED ON TO RESPOND TO INQUIRIES,
OR ESTABLISH COMPLIANCE WITH THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) OR ANY OTHER SECURITIES
LAWS, OR IN CONNECTION WITH COMPLIANCE WITH ANY OTHER APPLICABLE LAW, RULE OR REGULATION (INCLUDING, WITHOUT LIMITATION, THE U.S.
PATRIOT ACT, THE FOREIGN CORRUPT PRACTICES ACT, AND ANTI-MONEY LAUNDERING LAWS, RULES AND REGULATIONS).

 

	A.		IDENTIFYING INFORMATION

 

Full
Name(s): _______________________________________________________________

 

	Business
    Address:	 	Home
    Address:
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	Business
    Phone	 	Home
    Phone
	 	 	 
	Business
    E-mail	 	Home
    E-mail
	 	 	 
	Business
    Facsimile	 	Home
    Facsimile

 

	 	 	 	 	 	 
	Date
    of Birth	 	Marital
    Status	 	Number
    of Dependents	 

 

	Country
    of Citizenship:	 	 	Personal
    Identification #	 
	 	 	 	 	 
	Entity
    Identification #:	 	 	Tax
ID Number/SSN:	 

 

    	Statement of Investor Status (Exhibit A)
CONFIDENTIAL	A-1	 

    	 

    

 

In
what country (and province therein, if applicable) is the Purchaser’s principal residence?

 

 

If
the Purchaser has resided in the above country (and province therein if applicable) for less than one year, or plans to change
the Purchaser’s principal residence, please explain:

 

 

 

Is
there any reason the Purchaser might be considered a resident of another country (and state therein if applicable) (e.g., live
part of the year, have an office or business, registered to vote, pay taxes or hold a driver’s license in another jurisdiction)?
If so, please explain:

 

 

 

	B.		ACCREDITED INVESTOR STATUS

 

If
the Purchaser is an “accredited investor” as that term is defined in Regulation D under the Securities Act of 1933,
and under other applicable securities laws and regulations, please indicate by initialing the category or categories below
that accurately describe the Purchaser’s status [initial all applicable blanks]:

 

	[  ]	 	A
    director, executive officer or general partner of Company.
	 	 	 
	[  ]	 	A
    natural person whose individual net worth or joint net worth with spouse at time of purchase exceeds $1,000,000. (In calculation
    of net worth, you may include equity in personal property and real estate (excluding your principal residence), cash,
    short term investments, stocks and securities. Equity in personal property and real estate should be based on the fair market
    value of such property less debt secured by such property.)
	 	 	 
	[  ]	 	A
    natural person who had an individual income in excess of $200,000 in each of two most recent years or joint income with spouse
    in excess of $300,000 in each of those years and has a reasonable expectation of reaching same level of income in current
    year.
	 	 	 
	[  ]	 	A
    corporation, limited liability company, partnership, tax-exempt organization (under Section 501(c)(3) of Internal Revenue
    Code of 1986, as amended) or Massachusetts or similar business trust (i) not formed for specific purpose of acquiring Common
    Stock and (ii) having total assets in excess of $5,000,000.

 

    	Statement of Investor Status (Exhibit A)
CONFIDENTIAL	A-2	 

    	 

    

 

	[  ]	An entity which falls within one of following categories of institutional accredited investors, set forth in 501(a) of Regulation D under the Securities Act [if you have marked this category, also mark which of following items describes the Purchaser:]
	 	 	 
	 	[  ]	1.	A
    bank as defined in Section 3(a)(2) of Securities Act, or any savings and loan association or other institution as defined
    in Section 3(a)(5)(A) of Securities Act whether acting in its individual or a fiduciary capacity.
	 	 	 	 
	 	[  ]	2.	A
    broker/dealer registered pursuant to Section 15 of Securities Exchange Act of 1934.
	 	 	 	 
	 	[  ]	3.	An
    insurance company as defined in Section 2(13) of Securities Act.
	 	 	 	 
	 	[  ]	4.	An
    investment company registered under Investment Company Act of 1940 or a business development company as defined in Section
    2(a)(48) of that act.
	 	 	 	 
	 	[  ]	5.	A
    Small Business Investment Company licensed by U.S. Small Business Administration under Section 301(c) or (d) of Small
    Business Investment Act of 1958.
	 	 	 	 
	 	[  ]	6.	Any
    plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its
    political subdivisions for benefit of its employees, if such plan has total assets in excess of $5,000,000.
	 	 	 	 
	 	[  ]	7.	Any
    private business development company as defined in Section 202(a)(22) of Investment Advisers Act of 1940.
	 	 	 	 
	 	[  ]	8.	An
    employee benefit plan within meaning of Employee Retirement Income Security Act of 1974, if investment decision is made by
    a plan fiduciary, as defined in Section 3(21) of such act, which is either a bank, savings and loan association, insurance
    company or registered investment adviser, or if employee benefit plan has total assets in excess of $5,000,000 or, if a self-directed
    plan, with investment decisions made solely by persons that are accredited investors.
	 	 	 	 
	 	[  ]	9.	A
    trust, with total assets in excess of $5,000,000, not formed for specific purpose of acquiring Class A Common Stock offered,
    whose purchase is directed by sophisticated person as described in Rule 506(b)(2)(ii) of Regulation D.
	 	 	 	 
	[  ]	An entity in which all equity owners are accredited investors as described above.

 

PURCHASERS
MUST INDICATE THE APPLICABLE CATEGORY OR CATEGORIES BY INITIALING EACH APPLICABLE SPACE ABOVE; IF PURCHASERS ARE JOINT
INVESTORS, BOTH PARTIES MUST INITIAL.

 

    	Statement of Investor Status (Exhibit A)
CONFIDENTIAL	A-3	 

    	 

    

 

	C.		INVESTMENT BACKGROUND
AND OBJECTIVES

 

Approximate
number of years the Purchaser has been investing: __________________

 

Please
indicate the frequency of the Purchaser’s investments in small-capitalization equity securities:

 

	[  ]
    often	[  ]
    occasionally	[  ]
    seldom	[  ]
    never

 

Mutual
funds and private securities investment pools:

 

	[  ]
    often	[  ]
    occasionally	[  ]
    seldom	[  ]
    never

 

Marketable
securities (stocks, options, derivatives, bonds, debentures, notes):

 

	[  ]
    often	[  ]
    occasionally	[  ]
    seldom	[  ]
    never

 

Privately
held corporations, limited liability companies and partnerships and start-up ventures (stocks, bonds, debentures, notes, member
or partnership interests):

 

	[  ]
    often	[  ]
    occasionally	[  ]
    seldom	[  ]
    never

 

Change
in Amounts Invested. Is the total amount of the Purchaser’s investment in this Offering currently substantially more
than the total amount that the Purchaser has typically invested overall, in the past several years (other than as the result of
market increases)? Yes [  ] No [  ]

 

If
yes, please give details (e.g., when did increase occur, what was approximate value of total prior portfolio):

 

 

 

Knowledge
and Experience. The Purchaser has such knowledge and experience in financial and business matters that the Purchaser is capable
of evaluating the merits and risks of an investment in the Company [check one]: Yes [  ] No [  ]

 

	D.		PURCHASER REPRESENTATIVE

 

The
Purchaser will be eligible to invest in the Company only if the Purchaser is an Accredited Investor and has such knowledge and
experience in financial and business matters that the Purchaser is capable of evaluating the merits and risks of an investment
in the Company. If Purchaser does not feel capable of adequately evaluating the merits of an investment in the Offering, the Purchaser
must engage a purchaser’s representative. A purchaser’s representative is an advisor (such as an investment adviser,
attorney, accountant or other consultant) with sufficient experience and knowledge in financial and business matters such that
he or she is capable of protecting Purchaser’s interests in connection with the proposed investment in the Company. Does
the Purchaser intend to have a “purchaser representative” advise him or her in order to meet this requirement?

 

Yes
[  ]           No [  ]

 

If
yes, the Purchaser should furnish the information indicated below with respect to the Purchaser’s purchaser representative:

 

	Name
    of Representative:	 	Name
    of Firm:
	 	 	 
	 	 	 
	Address:	 	Telephone:
	 	 	 
	 	 	 
	 	 	 

 

    	Statement of Investor Status (Exhibit A)
CONFIDENTIAL	A-4	 

    	 

    

 

	E.		NON-U.S. PERSONS

 

If
you are not a U.S. resident (i.e. not a “U.S. Person” as defined below), complete this Part E. If you are a
U.S. Person, please skip to Part F.

 

The
undersigned is requested to initial each paragraph below that applies to the Purchaser. By initialing each respective paragraph
below, the Purchaser hereby indicates Purchaser’s agreement to be bound by each such covenant appearing below, and hereby
states that the following representations and acknowledgements are true and correct as indicated below:

 

	[  ]	The
                                                                                                                undersigned is
                                                                                                                over the age of
                                                                                                                18, and is qualified
                                                                                                                to make the representations
                                                                                                                in this document.

         

	[  ]	Purchaser
                                                                                                    is a legal resident of the
                                                                                                    jurisdiction indicated as
                                                                                                    the country of “principal
                                                                                                    residence” as indicated
                                                                                                    in Part A above in
                                                                                                    this Statement, over the past
                                                                                                    90 days.

         

	[  ]	Purchaser’s
                                                                                                    place of residence is outside
                                                                                                    of the United States.

         

	[  ]	Purchaser
                                                                                                    is investing in Shares of
                                                                                                    the Company solely for Subscriber’s
                                                                                                    own account, and not on behalf
                                                                                                    of or for the account of any
                                                                                                    other person.

         

	[  ]	Purchaser
                                                                                                    will not acquire the Shares
                                                                                                    for the account or benefit
                                                                                                    of any U.S. Person (as defined
                                                                                                    below).

         

	[  ]	At
                                                                                                    the time of subscription and
                                                                                                    purchase of the Shares, Purchaser
                                                                                                    will be located outside the
                                                                                                    United States.

         

	[  ]	Purchaser
is not currently, and when Purchaser acquires the Shares, Purchaser will not be, any of the following (a “U.S.
Person”):

 

	 	 -	a
natural person residing in the United States;

	 	 	 
	 	 -	a
    partnership or corporation organized or incorporated under the laws of the United States;
	 	 	 
	 	 -	an
estate of which any executor or administrator is a U.S. Person; is formed by a U.S. Person.

 

    	Statement of Investor Status (Exhibit A)
CONFIDENTIAL	A-5	 

    	 

    

 

	 	 -	a
    trust of which any trustee is a U.S. Person;
	 	 	 
	 	 -	an
    agency or branch of a foreign entity located in the United States;
	 	 	 
	 	 -	a
    non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit
    or account of a U.S. Person;
	 	 	 
	 	 -	a
    discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated,
    or (if an individual) resident in the United States; or
	 	 	 
	 	 -	a
    partnership or corporation organized or incorporated under the laws of any foreign jurisdiction, that has been

 

	[  ]	Purchaser
    has been advised, and acknowledges that: 

 

	 	-	the
Shares have not been registered under the U.S. Securities Act of 1933 (“Act”), the securities laws of any state
of the United States or the securities laws of any other country;
	 	 	 
	 	-	in
conducting a transaction involving issuance of the Shares to the undersigned, the Company is and will be relying upon the “safe
harbor” provided by Regulation S under the Act;
	 	 	 
	 	-	it
    is a condition to the availability of the Regulation S safe harbor that the Shares will not be re-offered or re-sold in the
    United States or to a U.S. Person until the expiration of a period of six (6) months following the date of receipt of the
    Shares (“Restricted Period”);
	 	 	 
	 	-	during
the Restricted Period the Shares may be offered and sold by the holder only if such offer and sale is made in compliance with
Regulation S and other U.S. securities laws, and either:

 

	 	-	if
    the offer or sale is within the United States or to or for the account of a U.S. Person (as such terms are defined in Regulation
    S), the securities are offered and sold pursuant to an effective registration statement or pursuant to Rule 144 under the
    Act or pursuant to an exemption from the registration requirements of the Act; or
	 	 	 
	 	-	the
    offer and sale is outside the United States and is not made to a U.S. Person.

 

	[  ]	Purchaser
has not engaged, nor is Purchaser aware that any party has engaged, and Purchaser will not engage or cause any third party to
engage, in any “directed selling” efforts (as such term is defined in Regulation S) in the United States with respect
to the Shares. Specifically, the undersigned has not taken any action for purposes of, or could have the effect of, conditioning
the market or arousing interest for the Shares in the United States. The undersigned has not placed any advertisements in any
publication or made any public announcement in any publication in the United States regarding any offering of the Shares.

 

    	Statement of Investor Status (Exhibit A)
CONFIDENTIAL	A-6	 

    	 

    

 

	[  ]	Purchaser
                                                                                                    is not a “distributor”
                                                                                                    of securities. The Purchaser
                                                                                                    nor any affiliate, representative
                                                                                                    or agent acting on Purchaser’s
                                                                                                    behalf is a “dealer”
                                                                                                    as such term is defined in
                                                                                                    the Act. Specifically, the
                                                                                                    Purchaser does not intend
                                                                                                    to act as a distributor or
                                                                                                    dealer of the Shares. The
                                                                                                    Purchaser has not entered
                                                                                                    into any agreement to distribute
                                                                                                    the Shares. The Purchaser
                                                                                                    is not in the business of
                                                                                                    buying, selling, trading or
                                                                                                    brokering securities on behalf
                                                                                                    of others.

         

	[  ]	The
                                                                                                    Purchaser hereby represents
                                                                                                    that Purchaser has complied
                                                                                                    with all local laws applicable
                                                                                                    to the undersigned, for the
                                                                                                    acquisition of the Shares,
                                                                                                    including:

         

 

	 	-	the
legal requirements of my jurisdiction for the purchase and acquisition of the Shares,

	 	 	 
	 	-	any
    foreign exchange restrictions applicable to such purchase and acquisition,
	 	 	 
	 	-	any
    governmental or other consents that may need to be obtained, and
	 	 	 
	 	-	the
    transfer, income tax and other tax regulations, if any, which may be relevant to the purchase, holding, redemption, sale,
    or transfer of the Shares.

 

	[  ]	The
Purchaser’s subscription, purchase, acquisition and payment for (as applicable), and the Purchaser’s continued ownership
of the Shares will not violate any applicable securities or other laws of the Purchaser’s home jurisdiction (i.e. the country
or jurisdiction of residence and/or domicile of the Purchaser).

	 	 
	[  ]	The
Purchaser understands that the certificates or other instruments representing the Shares shall bear restrictive legends as required
under U.S. securities laws, and this legend will effectively restrict transfer of the Shares.

	 	 
	[  ]	The
Purchaser understands that hedging activities may not be conducted with respect to the Shares unless in compliance with the Act.

	 	 
	[  ]	If
the Purchaser is an entity, (i) the undersigned entity is domiciled in the jurisdiction specified below its address on the signature
page of this document, or the address of record for the entity last provided in writing to the Company; (ii) the undersigned entity
is a validly existing corporation, limited partnership, or limited liability company (or similar entity) and has all requisite
corporate, partnership or limited liability company power and/or similar authority to acquire in the Shares.

	 	 
	[  ]	The
Purchaser reasonably believes that the above representations will remain true and accurate at the time when the Purchaser receives
the Shares.

	 	 
	[  ]	The
    Purchaser agrees to promptly notify the Company immediately in the event that any of the above statements becomes untrue or
    inaccurate, for a period of up to ninety (90) days after the undersigned has executed and delivered this Statement. 

 

    	Statement of Investor Status (Exhibit A)
CONFIDENTIAL	A-7	 

    	 

    

 

SUBSCRIPTION
AMOUNT

 

Please
complete the following information regarding your subscription:

 

	Shares Subscribed for:	 	 	150,000	 
	 	 	 	 	 
	Subscription Amount	 	 	 	 
	(@ USD $.50 per share):	 	 	USD $75,000	 

 

Exact
Name Purchaser would like to appear in Transfer Agent Records for Company Common Stock

 

Indicate ownership as:

 

	 	[  ]	(a)	Individual	 
	 	[  ]	(b)	Community
    Property	 
	 	[  ]	(c)	Joint
Tenants with Right of Survivorship 	) All parties
	 	[  ]	(d)	Tenants
in Common	) must sign
	 	[  ]	(e)	Corporate	 
	 	[  ]	(f)	Partnership

        
	 
	 	[  ]	(g)	Trust	 

 

	F.		SIGNATURE

 

To
the best knowledge and belief of the undersigned, the above information is true and correct in all respects. The undersigned agrees
to notify the Company in writing immediately of any material change in any of the foregoing information prior to the consummation
of a purchase of securities, and any change in the information in Part A at any time in the future so long as the Purchaser
is a holder of the securities sold by the Company.

 

[Signature
Page Follows]

 

    	Statement of Investor Status (Exhibit A)
CONFIDENTIAL	A-8	 

    	 

    

 

The
undersigned understands that the information being furnished in this Statement is required primarily to enable the Company, its
management and the Placement Agent to determine whether an offer and sale of Shares to the Purchaser may be made in compliance
with applicable laws including U.S. federal and state securities laws.

 

	Date:
__________________, 2013	 
	
	Name
    of Purchaser
	 	 
	 	Signature
	 	 
	 	Name
    of Signatory
	 	 
	 	Title
    (if applicable)

 

    	Statement of Investor Status (Exhibit A)
CONFIDENTIAL	A-9

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