Joinder Agreement to Securities Purchase Agreement between Ads In Motion, Inc. and Joining Party (June 22, 2011)
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Summary
This agreement adds a new investor (the Joining Party) to an existing Securities Purchase Agreement originally made on March 25, 2011, and amended on May 31, 2011, with Ads In Motion, Inc. By signing, the Joining Party becomes a full participant in the original agreement, gaining all rights and responsibilities of a purchaser as if they had signed the original documents. Both the company and the new investor agree to be bound by all terms of the existing agreement as of June 22, 2011.
EX-10.1 2 f8k062211ex10i_adsinmotion.htm FORM OF JOINDER AGREEMENT f8k062211ex10i_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 June 22, 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 “Original Agreement”), as amended by that certain Amendment No. 1 to Securities Purchase Agreement dated as of May 31, 2011 by and among the Company and certain other investors (the “Amendment” and, together with the Original Agreement, 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]
IN WITNESS WHEREOF, the undersigned have executed this Joinder Agreement as of the date first written above.
Principal Amount:
___________________________________ | _____________________________________ |
Signature | Signature (if purchasing jointly) |
___________________________________ | _____________________________________ |
Name Typed or Printed | Name Typed or Printed |
___________________________________ | _____________________________________ |
Entity Name | Entity Name |
___________________________________ | _____________________________________ |
Address | Address |
___________________________________ | _____________________________________ |
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:
[SIGNATURE PAGES CONTINUE]
“COMPANY”
ADS IN MOTION, INC.
By:
Name: Jordan Glatt
Title: President and Chief Executive Officer