SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 14th, 2011 • Solar Park Initiatives, Inc. • Services-miscellaneous business services • Nevada
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of April 7, 2011, by and between SOLAR PARK INITIATIVES, INC. , a Nevada corporation, with headquarters located at 818 AIA North - Suite 201, Ponte Vedra Beach, Florida 32082 (the “Company”), and JDF CAPITAL, INC. , a New York corporation, with its address at 2 Blue Heron Drive, Jackson, New Jersey 08527 (the “Buyer”).
Solar Park Initiatives, Inc.Solar Park Initiatives, Inc. • September 24th, 2010 • Services-miscellaneous business services • Florida
THIS WARRANT AND THE SHARES ISSUABLE UPON THE EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. NEITHER THIS WARRANT NOR ANY OF SUCH SHARES MAY BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER SAID ACT OR, AN OPINION OF COUNSEL, IN FORM, SUBSTANCE AND SCOPE, CUSTOMARY FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT REGISTRATION IS NOT REQUIRED UNDER SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144 OR REGULATION S UNDER SUCH ACT.
AGREEMENT AND PLAN OF MERGER AND REORGANIZATION AMONG CRITICAL DIGITAL DATA, INC., SOLAR PARK ACQUISITION CORP. AND SOLAR PARK INITIATIVES, INC. July 13, 2010Agreement and Plan of Merger and Reorganization • July 19th, 2010 • Critical Digital Data, Inc. • Services-miscellaneous business services • Nevada
AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of July 13, 2010, by and among Critical Digital Data, Inc., a Nevada corporation (the “Parent”), Solar Park Acquisition Corp., a Nevada corporation (the “Acquisition Subsidiary”) and Solar Park Initiatives, Inc., a Nevada corporation (the “Company”). The Parent, the Acquisition Subsidiary and the Company are each a “Party” and referred to collectively herein as the “Parties.”
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • February 22nd, 2011 • Solar Park Initiatives, Inc. • Services-miscellaneous business services • Florida
This Asset Purchase Agreement (this "Agreement") is made as of February 15, 2011, by and between Solar Park Initiatives, Inc, a Nevada corporation ("Buyer"), and Solar Energy Initiatives, Inc. ("Seller"), a Delaware corporation. Buyer and Seller are sometimes referred to individually as a "Party" and together as "Parties."
ROYALTY AGREEMENTRoyalty Agreement • February 22nd, 2011 • Solar Park Initiatives, Inc. • Services-miscellaneous business services
Solar Park Initiatives, Inc. hereby agrees to compensate Solar Energy Initiatives, Inc. an amount equal to 10% of Adjusted Gross Profit (Adjusted Gross Profit to include, but not limited to, costs of School Teachers, Commissions for Selling Class-time, Depreciation and Course Materials) derived from the operation of education programs to the Seller for a period of 3 years, ending as of February 14, 2014. Said Royalty Fee will be calculated quarterly beginning with the 3 month period ending May 30, 2011 and continuing for each subsequent three month period of time. Said Royalty Fee is payable ten (10) business days after the end of each quarter. This royalty fee is associated with the Rights of Use for licensing and non-compete as follows:
SOLAR PARK INITIATIVES, INC. STOCK OPTION AGREEMENTStock Option Agreement • September 24th, 2010 • Solar Park Initiatives, Inc. • Services-miscellaneous business services • Florida
This Stock Option Agreement ("Agreement") is made and entered into as of the date set forth below, by and between SOLAR PARK INITIATIVES, INC., a Nevada corporation (the "Company"), and the Chief Executive Officer (Officer) of the Company named in Section 1(b). ("Optionee"):
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • September 24th, 2010 • Solar Park Initiatives, Inc. • Services-miscellaneous business services • Florida
This Asset Purchase Agreement (this "Agreement") is made as of September 20, 2010, by and between Solar Park Initiatives, Inc, a Nevada corporation ("Buyer"), and Maple Leaf Renewables Group, Inc. ("Seller"), a Nevada corporation. Buyer and Seller are sometimes referred to individually as a "Party" and together as "Parties."
INTRODUCTION TO UNAUDITED PRO FORMA COMBINED FINANCIAL INFORMATIONPro Forma Combined Financial • July 19th, 2010 • Critical Digital Data, Inc. • Services-miscellaneous business services
On July 13, 2010, Solar Park Initiatives, Inc., f/k/a Critical Digital Data, Inc. (the “Registrant” or “Parent”) approved an Agreement and Plan of Merger and Reorganization (the “Agreement”). As of July 13, 2010, by and among Critical Digital Data, Inc, a Nevada corporation (the “Parent”), Solar Park Acquisition Corp., a Nevada corporation (the Acquisition Subsidiary”) and Solar Park Initiatives, Inc a Nevada corporation (the “Company”). The Agreement was a merger of the Acquisition Subsidiary, a wholly-owned subsidiary of the Parent, with and into the Company, with the Company as the surviving entity after the merger (the “Merger”), whereby the Stockholders of the Company will receive common stock of the Parent in exchange for their capital stock of the Company. The Parent, Acquisition Subsidiary and the Company Merger qualifies as a “plan of reorganization” under Section 368(a) of the Internal Revenue Code of 1986, as amended (the “Code”) and not subject the holders of equity securit
