THE SAINT JAMES COMPANY WARRANT TO PURCHASE SHARES OF COMMON STOCKSaint James CO • October 27th, 2008 • Non-operating establishments • North Carolina
THIS CERTIFIES THAT, for value received, Samson Investment Company, a Nevada corporation, (the “Grantee”), or Grantee’s assigns (Grantor and Grantor’s assigns being the “Holder”), is entitled to subscribe for and purchase at any time during the Exercise Period from The Saint James Company, a North Carolina corporation, with an office located at Broadway Plaza, 520 Broadway, Suite 350, Santa Monica, California 90401 (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 pursuant to the Designation, Assignment, and Assumption Agreement dated as of October 20, 2008, by and between the Company and the Grantor.
Heads of agreementSaint James CO • October 27th, 2008 • Non-operating establishments • Victoria
Acquisition means the acquisition of the Shares by the Purchaser (or its nominee) as proposed under these heads of agreement.
DESIGNATION, ASSIGNMENT, AND ASSUMPTION AGREEMENTDesignation, Assignment, and Assumption Agreement • October 27th, 2008 • Saint James CO • Non-operating establishments • Nevada
THIS DESIGNATION, ASSIGNMENT, AND ASSUMPTION AGREEMENT (“Agreement”) is made and entered into as of October 20, 2008, by and between SAMSON INVESTMENT COMPANY, a Nevada corporation (“Samson”), and THE SAINT JAMES COMPANY, a North Carolina corporation (“St. James”).
