SEC Contract Filing

Filing Date: 2015-04-13

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>23
<FILENAME>v406985_ex10-4.htm
<DESCRIPTION>EXHIBIT 10.4
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.4</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><B>SECURITIES PURCHASE AGREEMENT</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">This <B>SECURITIES PURCHASE
AGREEMENT</B> (the &ldquo;Agreement&rdquo;), dated as of March 12, 2015, by and between <B>Propanc Health Group Corp.</B>, a Delaware
corporation, with headquarters located at Level 13, Suite 1307, 530 Collins Street, Melbourne, VIC 3000, Australia (the &ldquo;Company&rdquo;),
and <B>UNION CAPITAL, LLC</B>, a New York limited liability company, with its address at 338 Crown Street, Brooklyn, NY 11225 (the
&ldquo;Buyer&rdquo;).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><B>WHEREAS</B>:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company and the Buyer are executing and delivering this Agreement in reliance upon the exemption from securities registration afforded
by the rules and regulations as promulgated by the United States Securities and Exchange Commission (the &ldquo;SEC&rdquo;) under
the Securities Act of 1933, as amended (the &ldquo;1933 Act&rdquo;);</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer
desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement two 8%
convertible notes of the Company, in the forms attached hereto as Exhibit A and B in the aggregate principal amount of $341,000.00
(with the first note being in the amount of $170,500.00 and the second note being in the amount of $170,500.00 (together with any
note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof,
the &ldquo;Note&rdquo;), convertible into shares of common stock, $0.001 par value per share, of the Company (the &ldquo;Common
Stock&rdquo;), upon the terms and subject to the limitations and conditions set forth in such Note. Each note shall contain a $13,000
OID such that the purchase price shall be $157,500.00 for the first note and $157,500.00 for the second note. The first of the
two notes (the &ldquo;First Note&rdquo;) shall be paid for by the Buyer as set forth herein. The second note (the &ldquo;Second
Note&rdquo;) shall initially be paid for by the issuance of an offsetting $157,500.00 secured note issued to the Company by the
Buyer (&ldquo;Buyer Note&rdquo;), provided that prior to conversion of the Second Note, the Buyer must have paid off the Buyer
Note in cash such that the Second Note may not be converted until it has been paid for in cash.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Buyer wishes to purchase, upon the terms and conditions stated in this Agreement, such principal amount of Note as is set forth
immediately below its name on the signature pages hereto; and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><B>NOW THEREFORE</B>, the Company and the Buyer
severally (and not jointly) hereby<B> </B>agree as follows:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-align: justify; text-indent: -0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purchase
and Sale of Note. </U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0in; text-align: justify; text-indent: 1.5in">a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purchase
of Note</U>. On each Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase
from the Company such principal amount of Note as is set forth immediately below the Buyer&rsquo;s name on the signature pages
hereto.</P>

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