SEC Contract Filing

Filing Date: 2019-09-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tv530071_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.1</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This STOCK PURCHASE
AGREEMENT (the &ldquo;<B><I>Agreement</I></B>&rdquo;) is dated as of September 10, 2019, by and among AquaMed Technologies, Inc.,
a Delaware corporation (the &ldquo;<B><I>Company</I></B>&rdquo;), and each of the purchasers identified on the signature pages
hereto and such purchasers&rsquo; respective successors and assigns (individually, a &ldquo;<B><I>Purchaser</I></B>&rdquo; and
collectively, the &ldquo;<B><I>Purchasers</I></B>&rdquo;).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The parties hereto
agree as follows:</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">Article
I.<BR>
Purchase and Sale of COMMON Stock</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: 0.5in">Section
1.01<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Purchase and Sale of Stock</U>. Upon the following terms and subject to the conditions set forth herein, the Company
shall issue and sell to each Purchaser, and each Purchaser shall purchase from the Company, that number of shares of the Company&rsquo;s
common stock, par value $0.001 per share (the &ldquo;<B><I>Common Stock</I></B>&rdquo;), as is set forth on each such Purchaser&rsquo;s
signature page hereto (collectively, the &ldquo;<B><I>Shares</I></B>&rdquo;), at a price per share equal to $0.053525 (the &ldquo;<B><I>Per
Share Purchase Price</I></B>,&rdquo; and such amounts in the aggregate, the &ldquo;<B><I>Purchase Price</I></B>&rdquo;). In the
event that this Agreement is amended between Initial Closing Date (as defined below) and a Subsequent Closing Date (as defined
below) to reduce the Per Share Purchase Price, then the Purchasers in the Initial Closing Date shall be entitled to receive from
the Company additional shares of Common Stock, for no additional consideration, in an amount sufficient that the pro rata portion
of the Purchase Price paid by such Purchaser hereunder for the Shares then held, when divided by the total number of Shares then
held by such Purchaser plus such additional shares of Common Stock issued will equal the reduced Purchase Price. The Company and
the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities
registration afforded by Rule 506 of Regulation D (&ldquo;<B><I>Regulation D</I></B>&rdquo;) as promulgated by the United States
Securities and Exchange Commission (the &ldquo;<B><I>Commission</I></B>&rdquo;) under the Securities Act of 1933, as amended (the
&ldquo;<B><I>Securities Act</I></B>&rdquo;).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 1.02<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Closing</U>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>On the initial closing date (the &ldquo;<B><I>Initial Closing Date</I></B>&rdquo;), upon the terms and subject to the conditions
set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company
agrees to sell at the initial closing (the &ldquo;<B><I>Initial Closing</I></B>&rdquo;), and the Purchasers, severally and not
jointly, agree to purchase at the Initial Closing, an aggregate of up to $175,000 of Common Stock. Thereafter, on a subsequent
closing date (the &ldquo;<B><I>Subsequent Closing Date</I></B>&rdquo;, and the Initial Closing Date and any Subsequent Closing
Date, each a &ldquo;<B><I>Closing Date</I></B>&rdquo;), upon the terms and subject to the conditions set forth herein, substantially
concurrent with the execution and delivery of this Agreement by the Purchasers purchasing shares of Common Stock on such Subsequent
Closing Date, the Company agrees to sell, and the Purchasers purchasing shares of Common Stock at such subsequent closing, severally
and not jointly, agree to purchase, an aggregate of up to $575,000 of Common Stock. Each Purchaser purchasing shares of Common
Stock on a Closing Date shall deliver to the Company such Purchaser&rsquo;s Purchase Price by wire transfer of immediately available
fun