FORM OF SECURITIES PURCHASE AGREEMENTForm of Securities Purchase Agreement • April 10th, 2014 • Zenosense, Inc. • Gold and silver ores • New York
Within 15 days of the completion of Stage One, the Company will send a notice (the “Notice”) to the Investor both confirming the completion of Stage One and confirming the listing of the Company’s common stock adheres to the conditions of section 3 (b) above at its address set forth on the signature page to this Securities Purchase Agreement. Upon receiving the Notice, the Investor will, subject to 3 (b) above, purchase the Commitment at the Commitment Purchase Price in these tranches (individually “Tranche” or collectively “Tranches”): (i) within 10 days prior to the commencement of the stage two development, which has the goal of “produce & successfully laboratory test a minimum of 20 beta versions of the MRSA/SA sensor, delivering a pre serie (pre-production) design suitable for hospital use,” the Investor will purchase 300,000 shares of Common Stock for an aggregate purchase price of $150,000 (the “First Tranche Purchase”); (ii) within one month after the First Tranche Purchase, th
