SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 8th, 2007 • Titan Global Holdings, Inc. • Communications equipment, nec • New Jersey
THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”), dated as of November 2nd, 2007, by and among TITAN GLOBAL HOLDINGS, INC., a Nevada corporation (the “Company”), and the Buyers listed on Schedule I attached hereto (individually, a “Buyer” or collectively “Buyers”).
LIMITED RECOURSE ASSIGNMENTTitan Global Holdings, Inc. • November 8th, 2007 • Communications equipment, nec
FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which are hereby acknowledged, and for the consideration set forth on Exhibit “A” attached hereto and incorporated herein (the “Purchase Price”), YA Global Investments, L.P., f/k/a Cornell Capital Partners, LP (the “Assignor”), a Cayman Island exempt limited partnership with an office located at 101 Hudson Street Suite 3700, Jersey City, New Jersey 07302, hereby sells, assigns, and transfers to Titan-Nexus, Inc. (the “Assignee”), a wholly owned subsidiary of Titan PCB West, Inc. (“Titan Electronics”), a Delaware corporation with its principal place of business located at 1700 Jay E 11 Drive, Suite 200, Richardson, Texas 75081, in accordance with the terms hereof, all right, title, and interest, if any, of the Assignor in and to each of the documents, instruments and agreements described on Exhibit “B”, annexed hereto and incorporated herein by reference (collectively, the “Assigned Documents”) which relate to the loan
