2,950,261 Shares1 Vertex Energy, Inc. PURCHASE AGREEMENTPurchase Agreement • November 21st, 2013 • Vertex Energy Inc. • Refuse systems • New York
Vertex Energy, Inc., a Nevada corporation (the “Company”), proposes to sell to Craig-Hallum Capital Group LLC (“you” or the “Underwriter”) an aggregate of 2,950,261shares (the “Firm Shares”) of Common Stock, $0.001 par value per share (the “Common Stock”), of the Company. The Firm Shares consist of 2,950,261 authorized but unissued shares of Common Stock to be issued and sold by the Company. The Company has also granted to the Underwriter an option to purchase up to 442,539 additional shares of Common Stock (the “Option Shares”), on the terms and for the purposes set forth in Section 3 hereof. The Firm Shares and any Option Shares purchased pursuant to this Purchase Agreement are herein collectively called the “Securities.”
