LOAN AGREEMENT dated as of May 31, 2013 by and among the Lenders, and Lucas Energy, Inc.Loan Agreement • June 28th, 2013 • Lucas Energy, Inc. • Crude petroleum & natural gas
This LOAN AGREEMENT, dated May 31, 2013, is made by and among Lucas Energy, Inc., a Nevada corporation ("Borrower") and the Lender(s) who are signatories to this Agreement and are listed on Schedule 1 hereto ("Lenders", provided that in the event there is only one Lender, references in this Agreement to Lenders shall refer to such single Lender), in respect of loans in the aggregate principal amount of FIVE HUNDRED THOUSAND DOLLARS ($500,000).
ContractLucas Energy, Inc. • June 28th, 2013 • Crude petroleum & natural gas • Texas
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. IT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE BORROWER THAT SUCH REGISTRATION IS NOT REQUIRED.
ContractCommon Stock Purchase Warrant • June 28th, 2013 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAW, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF OR EXERCISED UNLESS (i) A REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS SHALL HAVE BECOME EFFECTIVE WITH REGARD THERETO, OR (ii) AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS IS AVAILABLE IN CONNECTION WITH SUCH OFFER, SALE OR TRANSFER.
