SEC Contract Filing

Filing Date: 2019-03-13

Document Content:
<DOCUMENT>
<TYPE>EX-10.45
<SEQUENCE>13
<FILENAME>aqsp_ex10z45.htm
<DESCRIPTION>EXHIBIT 10.45
<TEXT>
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<DIV style=margin-left:72pt;width:468pt><P style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt;color:#000000'><FONT style=font-size:10pt><B>NEITHER THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE EXERCISABLE, HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. &nbsp;THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. &nbsp;NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES.</B></FONT></P>
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<TABLE align=center style=border-collapse:collapse><TR><TD valign=top style=width:194.4pt><P style='font:10pt Times New Roman;margin:0'><FONT style=font-size:10pt>Warrant No. </FONT><FONT style='font-size:10pt;border-bottom:1px solid #000000'>2019-2</FONT></P>
</TD><TD valign=top style=width:284.4pt><P align=justify style='font:10pt Times New Roman;margin:0'><FONT style=font-size:10pt>Right to Purchase </FONT><FONT style='font-size:10pt;border-bottom:1px solid #000000'>1,250</FONT><FONT style=font-size:10pt> shares of Common Stock of Acquired Sales Corp. (subject to adjustment as provided herein)</FONT></P>
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<P align=center style='font:10pt Times New Roman;margin:0'><FONT style=font-size:10pt><B>FORM OF COMMON STOCK PURCHASE WARRANT</B></FONT></P>
<P align=justify style='font:10pt Times New Roman;margin:0'><KBD style=margin-left:288pt></KBD><FONT style=font-size:10pt>Issue Date: </FONT><FONT style='font-size:10pt;border-bottom:1px solid #000000'>January 21, 2019</FONT>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'><FONT style=font-size:10pt>ACQUIRED SALES CORP., a corporation organized under the laws of the State of Nevada (the &#8220;Company&#8221;), hereby certifies that, for value received, </FONT><FONT style='font-size:10pt;border-bottom:1px solid #000000'><B>Gerard M. Jacobs</B></FONT><FONT style=font-size:10pt> or his assigns (the &#8220;Holder&#8221;), is entitled, subject to the terms set forth below, to purchase from the Company at any time commencing after the Issue Date of this Common Stock Purchase Warrant (the &#8220;Warrant&#8221;) until 5:00 p.m., E.S.T on the date that is </FONT><FONT style='font-size:10pt;border-bottom:1px solid #000000'><B>July 16, 2023</B></FONT><FONT style=font-size:10pt> (the &#8220;Expiration Date&#8221; and, said period during which this Warrant is exercisable being referred to herein as the &#8220;Exercise Period&#8221;), up to </FONT><FONT style='font-size:10pt;border-bottom:1px solid #000000'><B>1,250</B></FONT><FONT style=font-size:10pt> fully paid and nonassessable shares of Common Stock at a per share purchase price of </FONT><FONT style='font-size:10pt;border-bottom:1px solid #000000'><B>$0.03</B></FONT><FONT style=font-size:10pt>. The aforedescribed purchase price per share, as adjusted from time to time as herein provided, is referred to herein as the &quot;Purchase Price.&quot; &nbsp;The number and character of such shares of Common Stock and the Purchase Price are subject to adjustment as provided herein. </FONT></P>
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<P style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt;text-indent:36pt'><FONT style=font-size:10pt>As used herein the following terms, unless the context otherwise requires, have the following respective meanings: </FONT></P>
<P style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:36pt'><FONT style=font-size:10pt>(a)</FONT></KBD><KBD style=margin-left:72pt></KBD><FONT style=font-size:10pt>The term &#8220;Company&#8221; shall include Acquired Sales Corp., a Nevada corporation and any corporation or other entity which shall succeed or assume the obligations of Acquired Sales Corp. hereunder. </FONT>&nbsp;</P>
<P style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:36pt'><FONT style=font-size:10pt>(b)</FONT></KBD><KBD style=margin-left:72pt></KBD><FONT style=font-size:10pt>The term &#8220;Common Stock&#8221; includes (a)&#160;the Company's Common Stock, $0.001 par value per share, as authorized on the Issue Date of this Warrant, and (b) any other securities into which or for which any of the securities described in (a)&#160;may be converted or exchanged pursuant to a plan of recapitalization, reorganization, merger, sale of assets or otherwise.</FONT>&nbsp;</P>
<P style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:36pt'><FONT style=font-size:10pt>(c)</FONT></KBD><KBD style=margin-left:72pt></KBD><FONT style=font-size:10pt>The term &#8220;Other Securities&#8221; refers to any stock (other than Common Stock) and other securities of the Company or any other person (corporate or otherwise) which the holder of </FONT>&nbsp;</P>
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