SECURITY AND PLEDGE AGREEMENTSecurity and Pledge Agreement • July 6th, 2017 • Viking Energy Group, Inc. • Crude petroleum & natural gas • Nevada
This SECURITY AND PLEDGE AGREEMENT, dated as of June _____, 2017 (this “Agreement”), is among Viking Energy Group, Inc. (formerly, Viking Investments Group, Inc.), a Nevada corporation (the “Debtor”), and the holders of the Debtor’s 10% Secured Promissory Notes, in the original aggregate principal amount of up to $7,500,000 (the “Notes”) signatory hereto, their endorsees, transferees and assigns (collectively, the “Secured Parties”).
COMMON STOCK PURCHASE WARRANT VIKING ENERGY GROUP, INC. (FORMERLY VIKING INVESTMENTS GROUP, INC.)Viking Energy Group, Inc. • July 6th, 2017 • Crude petroleum & natural gas • Nevada
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [name of holder] 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 from the Initial Issuance Date (the “Initial Exercise Date”) and on or prior to the close of business on the five-year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Viking Energy Group, Inc., a Nevada corporation (the “Company”), up to [insert number] shares (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).
10% SECURED PROMISSORY NOTE (PARTIAL CONVERSION ENTITLEMENT) DUE JUNE _____, 2018Viking Energy Group, Inc. • July 6th, 2017 • Crude petroleum & natural gas • Nevada
THIS 10% SECURED PROMISSORY NOTE is one of a series of duly authorized and validly issued 10% Promissory Notes of Viking Energy Group, Inc. (formerly, Viking Investments Group, Inc.), a Nevada corporation, (the “Company”), having its principal place of business at 1330 Avenue of the Americas, Suite 23 A, New York, NY 10019, designated as its 10% Secured Promissory Note due June _____, 2018 (this “Note”, or the “Note” and collectively with the other Notes of such series, the “Notes”).
