JOINDER AGREEMENT TO SECURITIES PURCHASE AGREEMENT

EX-10.1 2 f8k051311ex10i_adsinmotion.htm JOINDER AGREEMENT f8k051311ex10i_adsinmotion.htm
Exhibit 10.1
 
JOINDER AGREEMENT TO
SECURITIES PURCHASE AGREEMENT

This Joinder Agreement to Securities Purchase Agreement (this “Joinder Agreement”) is made as of May 12, 2011 by the undersigned (the “Joining Party”) and Ads In Motion, Inc., a Delaware corporation (the “Company”).

The Joining Party and the Company hereby acknowledge, agree and confirm that, by their execution of this Joinder Agreement, the Joining Party shall be deemed to be a party to the Securities Purchase Agreement dated as of March 25, 2011 by and among the Company and certain other investors (the “Agreement”), as of the date of this Joinder Agreement, and shall have all of the rights and obligations of a Purchaser (as defined in the Agreement) as if it had executed the Agreement. The Joining Party and the Company hereby ratify, as of the date of this Joinder Agreement, and agree to be bound by, all of the terms, provisions and conditions contained in the Agreement.

By acknowledging and agreeing to this Joinder Agreement, the undersigned hereby agree that this Joinder Agreement may be attached to and made a part of the Agreement as of the date hereof.

[Signatures on following pages]

 
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IN WITNESS WHEREOF, the undersigned have executed this Joinder Agreement as of the date first written above.

 
Principal Amount:
$326,087
 

/s/ Herbert Glatt
   
Signature
 
Signature (if purchasing jointly)
     
Herbert Glatt
   
Name Typed or Printed
 
Name Typed or Printed
     
     
Entity Name
 
Entity Name
     
159 South Street
   
Address
 
Address
     
Morristown, NJ 07960
   
City, State and Zip Code
 
City, State and Zip Code
     
     
Telephone – Business
 
Telephone - Business
     
     
Telephone – Residence
 
Telephone – Residence
     
     
Facsimile – Business
 
Facsimile - Business
     
     
Facsimile – Residence
 
Facsimile – Residence
     
     
Tax ID # or Social Security #
 
Tax ID # or Social Security #

 
Name in which securities should be issued:
Herbert Glatt
 

[SIGNATURE PAGES CONTINUE]
 
 
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“COMPANY”
   
 
ADS IN MOTION, INC.
   
   
 
By:
/s/ Jordan Glatt
   
Name: Jordan Glatt
   
Title: President and Chief Executive Officer

 
 
 
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