STOCK PURCHASE AGREEMENTStock Purchase Agreement • April 7th, 2016 • Lucas Energy, Inc. • Crude petroleum & natural gas
This Stock Purchase Agreement (“Agreement”) is made and entered into on April 6, 2016 (“Effective Date”), by and between Lucas Energy, Inc., a Nevada corporation (“Company”), and the investor whose name appears on the signature page hereto (“Investor”).
Form of WarrantLucas Energy, Inc. • April 7th, 2016 • Crude petroleum & natural gas • Nevada
This Common Stock Purchase Warrant (“Warrant”) certifies that, for value received, ____________________ (“Investor”) is entitled and obligated, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, to subscribe for and purchase from Lucas Energy, Inc., a Nevada corporation (“Company”), 1,384,616 shares (as subject to adjustment hereunder, “Warrant Shares”) of Common Stock, at an exercise price equal to $3.25, subject to adjustment hereunder (“Conversion Price”) per share of Common Stock, for total aggregate purchase price of $4,500,000.00 (“Purchase Price”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 7th, 2016 • Lucas Energy, Inc. • Crude petroleum & natural gas
This Securities Purchase Agreement (“Agreement”) is made and entered into on April 6, 2016 (“Effective Date”), by and between Lucas Energy, Inc., a Nevada corporation (“Company”), and the investor whose name appears on the signature page hereto (“Investor”).
Form of WarrantLucas Energy, Inc. • April 7th, 2016 • Crude petroleum & natural gas • Nevada
This Common Stock Purchase Warrant (“Warrant”) certifies that, for value received, ____________________ (“Investor”) is entitled and obligated, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, to subscribe for and purchase from Lucas Energy, Inc., a Nevada corporation (“Company”), 1,111,112 shares (as subject to adjustment hereunder, “Warrant Shares”) of Common Stock, at an exercise price equal to $4.50, subject to adjustment hereunder (“Conversion Price”) per share of Common Stock, for total aggregate purchase price of $5,000,000.00 (“Purchase Price”).
Form of DebentureLucas Energy, Inc. • April 7th, 2016 • Crude petroleum & natural gas • Nevada
NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH WILL BE REASONABLY ACCEPTABLE TO THE COMPANY. THIS SECURITY AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS SECURITY MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITIES.
