SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • February 15th, 2002 • Cych Inc • Services-computer integrated systems design • Delaware
THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made as of December 18, 2001, by and among (i) CYCH, Inc. (f/k/a CyberCash, Inc.), a Delaware corporation (“Seller”), a debtor and debtor in possession in proceedings under Chapter 11 of the United States Bankruptcy Code pending in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), Case No. 01-0622 (MFW) (the “Bankruptcy Case”), and (ii) Crawford Capital Partners, L.L.C., a Minnesota limited liability company (“Crawford”), and Marcellus P. Knoblach, not in his individual capacity but solely in his capacity as trustee for The Marcellus P. Knoblach Revocable Trust (“Knoblach”) (Crawford and Knoblach being collectively referred to herein as the “Purchasers”).
