CONVERTIBLE NOTE DUE OCTOBER 16, 2020Sylios Corp • October 18th, 2019 • Crude petroleum & natural gas • New York
THIS CONVERTIBLE NOTE is one of a series of duly authorized and validly issued Notes of Sylios Corp., a Florida corporation, (the “Borrower”), due October 16, 2020 (this note, the “Note” and, collectively with the other notes of such series, the “Notes”).
COMMON STOCK PURCHASE WARRANT SYLIOS CORPSylios Corp • October 18th, 2019 • Crude petroleum & natural gas
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received BHP Capital NY Inc. or its registered assigns (the “Holder”), with an address at: 45 SW 9th Street, Suite 1603, Miami, Florida 33130, 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 date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the fifth anniversary of the Issuance Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Sylios Corp., a Florida corporation (the “Company”), up to 761,958 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).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • October 18th, 2019 • Sylios Corp • Crude petroleum & natural gas • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of October 16, 2019 between Sylios Corp, a Florida corporation and its predecessors (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and permitted assigns, a “Purchaser” and collectively, the “Purchasers”).
