UNSECURED SUBORDINATED CONVERTIBLE PROMISSORY NOTE DUE _______________, 201__Las Vegas Railway Express, Inc. • March 19th, 2013 • Finance services • New York
THIS UNSECURED SUBORDINATED CONVERTIBLE PROMISSORY NOTE is one of a series of duly authorized and validly issued Convertible Promissory Notes of Las Vegas Railway Express, Inc., a Delaware corporation, (the “Company”), having its principal place of business at 6650 Via Austi Parkway, suite 170, Las Vegas Nevada 89119, designated as its Unsecured Subordinated Convertible Promissory Note due February 1, 2014 (this note, the “Note” and, collectively with the other notes issued in the Offering, the “Notes”).
WARRANT TO PURCHASE COMMON STOCK OF LAS VEGAS RAILWAY EXPRESS, INC.Warrant • March 19th, 2013 • Las Vegas Railway Express, Inc. • Finance services
THIS WARRANT (the “Warrant”) certifies that, for value received, ___________ or its assigns (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 third year anniversary of the Initial Exercise Date (the “Expiration Date”) but not thereafter, to subscribe for and purchase from Las Vegas Railway Express, Inc., a Delaware corporation (the “Company”), up to ____________ shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to $.10, subject to adjustment hereunder (the “Exercise Price”). This Warrant is one of a series of Warrants (the “Warrants”) issued pursued to the terms of certain Subscription Agreement (the “Subscription Agreement”), dated as of the date hereof, entered into by the Compa
