Common Contracts

2 similar Securities Purchase Agreement contracts by Material Technologies Inc /Ca/

Material Technologies, Inc. SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • June 15th, 2006 • Material Technologies Inc /Ca/ • Industrial instruments for measurement, display, and control • California

This Securities Purchase Agreement (this “Agreement”) is made and entered into effective as of the 30th day of May, 2006 (the “Effective Date”) by and between Material Technologies, Inc., a Delaware corporation (the “Company”), and La Jolla Cove Investors, Inc., a California corporation (the “Purchaser”). The Company and Purchaser shall each be referred to as a “Party” and collectively as the “Parties.”

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SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • June 8th, 2006 • Material Technologies Inc /Ca/ • Industrial instruments for measurement, display, and control • California

This Securities Purchase Agreement (this “Agreement”) is made and entered into effective as of the 30th day of May, 2006 (the “Effective Date”) by and between Material Technologies, Inc., a Delaware corporation (the “Company”), and La Jolla Cove Investors, Inc., a California corporation (the “Purchaser”). The Company and Purchaser shall each be referred to as a “Party” and collectively as the “Parties.” The Parties hereby agree as follows: 1. PURCHASE OF WARRANTS. Subject to the terms of this Agreement, the Purchaser agrees to purchase from the Company, and the Company agrees to sell to the Purchaser, a warrant to purchase up to Twenty Million (20,000,000) shares of Class A common stock of the Company (the “Warrant Shares”), in the form attached hereto as Exhibit A (the “Warrant”). As consideration for the purchase of the Warrant, Purchaser agrees to advance the sum of Fifty Thousand Dollars ($50,000) (the “Premium”) to the Company against the exercise price to be received by

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