COMMON STOCK PURCHASE WARRANT THEATER XTREME ENTERTAINMENT GROUP, INC.Theater Xtreme Entertainment Group, Inc • March 7th, 2007 • Retail-radio, tv & consumer electronics stores
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Kinzer Technology, LLC, a Virginia limited liability company (the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the fifth anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Theater Xtreme Entertainment Group, Inc., a Florida corporation (the “Company”), up to 460,600 shares (the “Warrant Shares”) of common stock, par value $0.001 per share, of the Company (the “Common Stock”). The purchase price of each share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SECURITIES PURCHASE AGREEMENT BY AND BETWEEN THEATER XTREME ENTERTAINMENT GROUP, INC. AND KINZER TECHNOLOGY, LLC MARCH 6, 2007Securities Purchase Agreement • March 7th, 2007 • Theater Xtreme Entertainment Group, Inc • Retail-radio, tv & consumer electronics stores • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of March 6, 2007 by and between Theater Xtreme Entertainment Group, Inc., a Florida corporation (the “Company”), and Kinzer Technology, LLC, a Virginia limited liability company (“Purchaser”).
