REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • April 24th, 2015 • NXT-Id, Inc. • Services-detective, guard & armored car services
This Agreement is made pursuant to the Securities Purchase Agreement, dated as of the date hereof, between the Company and each Purchaser (the “Purchase Agreement”).
FORM OF CLASS A COMMON STOCK PURCHASE WARRANT NXT-ID, INC.NXT-Id, Inc. • April 24th, 2015 • Services-detective, guard & armored car services
THIS COMMON STOCK PURCHASE 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 six month anniversary of the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the five (5) year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from NXT-ID, 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 the Exercise Price, as defined in Section 2(b).
SECURED CONVERTIBLE NOTE DUE APRIL 25, 2016NXT-Id, Inc. • April 24th, 2015 • Services-detective, guard & armored car services • New York
THIS CONVERTIBLE NOTE is one of a series of duly authorized and validly issued Notes of NXT-ID, INC., a Delaware corporation, (the “Borrower”), having its principal place of business at 288 Christian Street, Oxford, CT 06478, due April 25, 2016 (this note, the “Note” and, collectively with the other notes of such series, the “Notes”).
SECURITY AGREEMENTSecurity Agreement • April 24th, 2015 • NXT-Id, Inc. • Services-detective, guard & armored car services • New York
This SECURITY AGREEMENT, dated as of April 24, 2015 (this “Agreement”), is among Nxt-ID, Inc., a Delaware corporation (the “Company”), each Subsidiary of the Company which shall become a party to this Agreement by execution and delivery of the form annexed hereto as Annex A and the Subsidiary Guaranty annexed thereto (each such Subsidiary, a “Guarantor” and together with the Company, the “Debtors”), [________], as collateral agent (the “Collateral Agent”) for and the holders of the Company’s Secured Convertible Notes due April 25, 2016, in the original aggregate principal amount of $1,575,000 (collectively, the “Notes”) (collectively, the “Secured Parties”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 24th, 2015 • NXT-Id, Inc. • Services-detective, guard & armored car services • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of April 24, 2015, between Nxt-ID, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and permitted assigns, a “Purchaser” and collectively, the “Purchasers”).
