PURCHASE AGREEMENTPurchase Agreement • November 5th, 2008 • Lexaria Corp. • Metal mining • Nevada
THIS PURCHASE AGREEMENT, dated as of October 27, 2008, is entered into by and among Lexaria Corp., a Nevada corporation with headquarters located at #604-700 West Pender Street, Vancouver, British Columbia Canada V6C 1G8 (the “Company”), and C.A.B. Financial Services Ltd. of 483 Holbrook Road, East, Kelowna BC, and any additional purchasers whose signatures appear at the conclusion of this agreement (collectively, the “Purchaser”) as identified in Schedule 1 hereto.
SECURITY AGREEMENTSecurity Agreement • November 5th, 2008 • Lexaria Corp. • Metal mining • Nevada
SECURITY AGREEMENT, dated as of October 27th, 2008 (this “Agreement”), among Lexaria Corp. (the “Company” or “Debtor”) and the holder or holders of the 18.0% Notes due October 27, 2010 (or October 27, 2009 if mutually agreed to by the Company and all Secured Parties) in the original aggregate principal amount of CDN$900,000 and up to an allowable aggregate limit of CDN $2,000,000 (the “Notes”), signatory hereto, their endorsees, transferees and assigns (collectively referred to as, the “Secured Parties”).
FORM OF NOTELexaria Corp. • November 5th, 2008 • Metal mining • Nevada
THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR OFFERED FOR SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES OR AN OPINION OF COUNSEL OR OTHER EVIDENCE ACCEPTABLE TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.
