SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 4th, 2019 • Foothills Exploration, Inc. • Crude petroleum & natural gas • Nevada
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of March 19, 2019, by and between FOOTHILLS EXPLORATION INC., a Delaware corporation, with headquarters located at 11111 Santa Monica Blvd., Suite 1712, Los Angeles, California 90025 (the “Company”), and JEFFERSON STREET CAPITAL LLC, a New Jersey limited liability company, with its address at 900 Monroe Street, Suite 908, Hoboken, New Jersey 07030 (the “Buyer”).
COMMON STOCK PURCHASE WARRANT FOOTHILLS EXPLORATION, INC.Common Stock Purchase Warrant • April 4th, 2019 • Foothills Exploration, Inc. • Crude petroleum & natural gas • Nevada
This COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the funding of purchase price of $36,500.00, for the second tranche of $40,018.07 under the $136,500.00 convertible promissory note issued to the Holder (as defined below) on December 6, 2018) (the “Note”), Crown Bridge Partners, LLC (including any permitted and registered 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 date of issuance hereof, to purchase from Foothills Exploration, Inc., a Delaware corporation (the “Company”), 80,036 shares of Common Stock (as defined below) (the “Warrant Shares”) at the Exercise Price per share then in effect (whereby such number may be adjusted from time to time pursuant to the terms and conditions of this Warrant).
COMMON STOCK PURCHASE WARRANT FOOTHILLS EXPLORATION, INC.Common Stock Purchase Warrant • April 4th, 2019 • Foothills Exploration, Inc. • Crude petroleum & natural gas • Nevada
This COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the issuance of the $52,250.00 convertible promissory note to the Holder (as defined below) of even date) (the “Note”), Jefferson Street Capital, LLC, a New Jersey limited liability company (including any permitted and registered 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 date of issuance hereof, to purchase from Foothills Exploration, Inc., a Delaware corporation (the “Company”), up to 83,078 shares of Common Stock (as defined below) (the “Warrant Shares”) (whereby such number may be adjusted from time to time pursuant to the terms and conditions of this Warrant) at the Exercise Price per share then in effect. This Warrant is issued by the Company as of the date hereof in connection with that certain securities purchase agreement dated March 19, 2019, by and am
AMENDMENT #1 TO THE SECURITIES PURCHASE AGREEMENT DATED DECEMBER 6, 2018Securities Purchase Agreement • April 4th, 2019 • Foothills Exploration, Inc. • Crude petroleum & natural gas
THIS AMENDMENT #1 (the “Amendment”) TO THE SECURITIES PURCHASE AGREEMENT ENTERED INTO ON December 6, 2018, is made effective as of March 20, 2019, by and between Foothills Exploration, Inc., a Delaware corporation (the “Company”), and Crown Bridge Partners, LLC, a New York limited liability company (the “Holder”) (collectively the “Parties”).
