PURPLE BEVERAGE COMPANY, INC.Purple Beverage Company, Inc. • October 10th, 2008 • Beverages • Florida
THIS CERTIFIES THAT, for value received, Ben Rabinowitz, an individual (the “Investor”), or Investor’s assigns (Investor and Investor’s assigns being the “Holder”), is entitled to subscribe for and purchase at any time during the Exercise Period from Purple Beverage Company, Inc., a Nevada corporation, with an office located at 450 E. Las Olas Blvd., Suite 830, Ft. Lauderdale, Florida 33301 (the “Company”), a number of shares of Common Stock equal to the Share Number at a per share price equal to the Exercise Price in effect at such time. This Warrant is issued in conjunction with the shares of the Company’s Common Stock issued pursuant to the Subscription Agreement dated as of June 24, 2008, by and between the Company and the Investor.
PURPLE BEVERAGE COMPANY, INC.Purple Beverage Company, Inc. • October 10th, 2008 • Beverages • Florida
THIS CERTIFIES THAT, for value received, Ben Rabinowitz, an individual (the “Investor”), or Investor’s assigns (Investor and Investor’s assigns being the “Holder”), is entitled to subscribe for and purchase at any time during the Exercise Period from Purple Beverage Company, Inc., a Nevada corporation, with an office located at 450 E. Las Olas Blvd., Suite 830, Ft. Lauderdale, Florida 33301 (the “Company”), a number of shares of Common Stock equal to the Share Number at a per share price equal to the Exercise Price in effect at such time. This Warrant is issued in conjunction with the shares of the Company’s Common Stock issued pursuant to the Subscription Agreement dated as of June 6, 2008, by and between the Company and the Investor.
PURPLE BEVERAGE COMPANY, INC. SUBSCRIPTION AGREEMENTSubscription Agreement • October 10th, 2008 • Purple Beverage Company, Inc. • Beverages • Florida
The undersigned, Ben Rabinowitz, hereby subscribes to purchase the securities (the “Securities”) of Purple Beverage Company, Inc., a Nevada corporation (the “Company”), consisting of a promissory note in the face amount of up to $3,000,000 (the “Note”), in the form attached hereto as Exhibit A; up to 600,000 shares (the “Shares”) of the Company’s Common Stock (such number of Shares to be calculated on a pro rata basis determined by the face amount of the Note); a two-year warrant, in the form attached hereto as Exhibit B (the “A Warrant”), to purchase up to 600,000 shares of the Company’s Common Stock (the number of shares of the Company’s Common Stock underlying the A Warrant to be calculated on a pro rata basis as determined by the face amount of the Note) at an exercise price of $2.00 per underlying share (the “Initial A Warrant Exercise Price”); and a two-year warrant, in the form attached hereto as Exhibit C (the “B Warrant;” together with A Warrant, the “Warrants”), to purchase u
