Document:

EXHIBIT
4.6

 

SUBSCRIPTION
AGREEMENT

 

Avangard
CAPITAL Group, Inc.

2708 Commerceway
Suite 300

Philadelphia,
PA 19154

 

Gentlemen:

  

Section
1.    Purchase and Sale.    Avangard CAPITAL Group,
Inc., a Nevada corporation (the “Company”), is offering for sale, an initial maximum of 5,000,000 units (the “Offering”).
Each Unit (“Unit”) consists of four shares of Common Stock, par value $0.001 per share (the “Common Stock”),
of the Company, and (ii) warrants to purchase two shares of Common Stock. The warrants will be initially exercisable at $2.00
per share for a period of 36 months from the date of issuance. The warrants herein are referred to as the “Warrants”.
Together with this Subscription Agreement, the Purchaser is delivering the full amount of the purchase price for the Units (the
“Purchase Price”) for which the Purchaser is subscribing. This subscription may be rejected, in whole or in part,
by the Company in its sole discretion. The undersigned purchaser hereby tenders this Subscription Agreement and applies for the
purchase of, the number of Units set forth on the signature page hereof (the “Signature Page”) at the purchase price
per of $6.00 per Unit.

 

The
Offering is being made pursuant to a Prospectus dated ___________, 2013 (the “Prospectus”), included as part of the
Company’s Registration Statement on Form S-1 (File No. 333-_____) under the Securities Act of 1933, as amended (“Securities
Act”), declared effective by the Securities and Exchange Commission (“SEC”) on _________, 2013.

 

Section
2.    Amount and Method of Payment.    Payment of the
Purchase Price required to purchase the number of Units subscribed for hereunder shall be made as directed by the Company in the
amount of the Purchase Price for each Unit subscribed for, which represents payment in full for each Unit. If a subscription is
rejected in whole or in part or if the Offering is terminated for any reason, the Purchaser’s subscription shall be void
and all funds received from the Purchaser shall be returned as soon as practicable to the Purchaser without any interest thereon,
and without charge or deduction.

 

Section
3.    Representations and Warranties of Purchaser.    In
order to induce the Company to accept this subscription, the Purchaser hereby represents and warrants to, and covenants with,
the Company as follows:

 

3.1    Either
(a) the Purchaser is not a “U.S. person” as defined in Regulation S under the Securities Act or (b), if such a U.S.
person as so defined, is (i) an “accredited investor”, as such term is defined in Rule 501(a) of Regulation D promulgated
under the Securities Act or is sufficiently knowledgeable to understand the risks involved in purchasing the Units, or (ii) the
Purchaser, or the Purchaser through its representative, or if the Purchaser is a corporation, partnership, limited liability company,
trust or other entity, the Purchaser, by and through its officers, directors, members, trustees, employees or other advisors,
is experienced in evaluating an investment in the Company.

 

The
Purchaser has the financial ability to bear the economic risks of its entire investment for an indefinite period, would be able
to sustain a complete loss of its investment, and the Purchaser has no need for liquidity with respect to its investment in the
Company. If the Purchaser is a natural person, the Purchaser has adequate means for providing for current needs and personal contingencies;

 

    	-1-

    	 

     

3.2    The
Purchaser is not an officer, director or “affiliate” (as that term is defined in Rule 405 promulgated by the SEC under
the Securities Act) of the Company;

 

3.3    The
Purchaser, and if applicable, the Purchaser’s representative, has received from the Company, a current Prospectus, as
supplemented to the date of this Subscription Agreement; 

 

3.4    The
Purchaser, and if applicable, the Purchaser’s representative, acknowledges
that an investment in the Units entails a number of very significant risks and funds should only be invested if the Purchaser
is able to withstand the total loss of his investment;

 

3.5    Except
as set forth in this Subscription Agreement, no representations or warranties, except as set forth in the Prospectus, have been
made to the Purchaser, and if applicable, the Purchaser’s representative, by the Company or any agent, employee or affiliate
of the Company;

 

3.6    The
Purchaser has full power and authority to execute and deliver this Subscription Agreement and to perform the Purchaser’s
obligations hereunder, and this Subscription Agreement is a legally binding obligation of the Purchaser enforceable against Purchaser
in accordance with its terms; and

 

3.7    The
Purchaser has not incurred any obligation for any finder’s, or broker’s agent’s fees or commission in connection
with the transactions contemplated hereby.

 

Section
4.    Purchaser Information.    All the information
which the undersigned has furnished to the Company, or which is set forth herein, is correct and complete as of the date of this
Subscription Agreement, and if there should be any material change in such information, the Purchaser will immediately furnish
such revised or corrected information to the Company.

 

Section
5.    Binding Effect.    The Purchaser understands that
this subscription is not binding upon the Company until the Company accepts it, which acceptance is at the sole discretion of
the Company and is to be evidenced by the Company’s execution of the Signature Page where indicated. This Subscription Agreement
shall be null and void if the Company does not accept it as aforesaid. Upon acceptance by the Company and receipt of the Purchase
Price, the Company will issue to the Purchaser certificates for the full number of Shares comprising part of the Units and the
Warrants comprising part of the Units.

 

    	-2-

    	 

     

Section
6.    Nontransferability.    Neither this Subscription
Agreement nor any of the rights of the Purchaser hereunder may be transferred or assigned by the Purchaser and any attempted assignment
shall be null and void.

 

Section
7.    Amendment; Entire Agreement; Governing Law.    This
Subscription Agreement (i) may only be modified by a written instrument executed by the Purchaser and the Company, (ii) together
with the investor questionnaire, sets forth the entire agreement of the Purchaser and the Company with respect to the subject
matter hereof and supersedes all prior agreements and understandings between or among the parties with respect to the subject
matter hereof, (iii) shall be governed by the laws of the State of New York applicable to contracts made and to be wholly performed
therein, and (iv) shall inure to the benefit of, and be binding upon, the Company and the Purchaser and their respective heirs,
legal representatives, successors and permitted assigns.

 

Section
8.    Pronouns; Counterparts.    Unless the context
otherwise requires, all personal pronouns used in this Subscription Agreement, whether in the masculine, feminine or neuter gender,
shall include all other genders. This Subscription Agreement may be executed in counterparts and by facsimile and each of such
counterparts shall constitute an original, and all of which together shall constitute one and the same document.

 

    	-3-

    	 

     

IN
WITNESS WHEREOF, the undersigned have hereunto set their hands and seals as of the date and year first written above.

  

	Number of Units subscribed:	 	 

 

	Aggregate Purchase Price of Units subscribed, U.S. $	 

 

Deliver
my Shares to:

 

	 	Name:
	 	 
	 	Address:
	 	 
	 	 
	 	 

  

	 	
	 	Purchaser (please
    print)
	 	 	 
	 	By:	
	 	 	Signature;
    Title
	 	 	 
	 	Address:
	 	 
	 	 
	 	 
	 	 	 
	 	 Facsimile No:	
	 	 	 
	 	 E-mail:	

 

 

    	-4-

    	 

    
 

	 	AVANGARD CAPITAL
    GROUP INC.
	 	 	 
	 	By:	
	 	 	Alan
    Gulko, Chief Executive Officer
	 	 	 
	 	Avangard CAPITAL
    Group, Inc.
	 	2708 Commerceway
    Suite 300
	 	Philadelphia, PA
    19154
	 	 	 
	 	Facsimile:

  

    	-5-DLPH 2012 EX10.2

Exhibit 10.2

Execution Version

AMENDMENT NO. 1 TO AMENDED AND RESTATED CREDIT AGREEMENT 

This AMENDMENT NO. 1 TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of January 22, 2013, is made and entered into by Delphi Corporation, a Delaware corporation (the “Borrower”), the Lenders party hereto and JPMorgan Chase Bank, N.A., as Administrative Agent (the “Administrative Agent”).  Capitalized terms used and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement (as defined below).
W I T N E S S E T H:
WHEREAS, the Borrower, the Administrative Agent and the other parties named therein are party to that certain Credit Agreement dated as of March 31, 2011, as amended and restated as of September 14, 2012 (as may be further amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”);
WHEREAS, Section 9.02 of the Credit Agreement permits any Loan Document to be amended by the Borrower and the Administrative Agent with the consent of the Required Lenders;
WHEREAS, the Borrower, the Administrative Agent and the Required Lenders have agreed to amend the Credit Agreement on the terms set forth herein;
NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
SECTION ONE. Amendment.  The parties hereto hereby agree to amend the Credit Agreement by replacing the reference to “30 days” with “60 days” in Section 5.01(g) thereof.
SECTION TWO. Conditions to Effectiveness.  This Amendment shall become effective on the date (the “Amendment Effective Date”) the Administrative Agent shall have received a counterpart of this Amendment executed by the Administrative Agent, the Borrower and the Required Lenders.
SECTION THREE. Reference to and Effect on the Loan Documents. On and after the Amendment Effective Date, each reference in the Credit Agreement, to “this Agreement,” “hereunder,”“hereof” or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement, as amended by this Amendment, and each reference in  each of the other Loan Documents to “the Credit Agreement,”

-1-
__________________________________________________________________________

Exhibit 10.2

“thereunder,” “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment.  The Credit Agreement and each of the other Loan Documents, as specifically amended by this Amendment, are and shall continue to be in full force and effect.  The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or any Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents.  This Amendment shall constitute a Loan Document.
SECTION FOUR. Execution in Counterparts.  This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement.  Delivery of an executed counterpart of a signature page to this Amendment by telecopier or other electronic transmission (such as “.pdf” or “.tif”) shall be effective as delivery of a manually executed counterpart of this Amendment.
SECTION FIVE. Governing Law.  This Amendment shall be construed in accordance with and governed by the law of the State of New York (without regard to the conflict of law principles thereof to the extent that the application of the laws of another jurisdiction would be required thereby).
[Signature Pages Follow]

-2-
__________________________________________________________________________

Exhibit 10.2

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their respective authorized officers as of the day and year first above written.
                         	
			
	 
	 
	 

	 
	DELPHI CORPORATION, as the Borrower 

	 
	 

	 
	By:
	/s/   Keith D. Stipp

	 
	 
	Name: Keith D. Stipp

	 
	 
	Title: Treasurer

Exhibit 10.2

	
			
	JPMORGAN CHASE BANK, N.A.,

	 
	 
	as Administrative Agent

	 
	 

	 
	By:
	/s/   Richard W. Duker

	 
	 
	Name: Richard W. Duker

	 
	 
	Title: Managing Director

[Amendment No. 1 to Amended and Restated Credit Agreement]

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