Amendment No. 1 to Common Stock Purchase Agreement between Foldera, Inc. and Vision Opportunity Master Fund, Ltd.
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Summary
This amendment updates the Common Stock Purchase Agreement between Foldera, Inc. and Vision Opportunity Master Fund, Ltd. by reducing the per share purchase price from $0.60 to $0.15. All other terms of the original agreement remain unchanged. The amendment is effective as of July 27, 2007, and is signed by representatives of both parties. The agreement covers the purchase of shares in two closings, each for $1,000,000.
EX-10.1 2 v082575_ex10-1.htm Unassociated Document
EXHIBIT 10.1
AMENDMENT NO. 1 TO
COMMON STOCK PURCHASE AGREEMENT
This Amendment No. 1 (this “Amendment”) is made and entered into as of the 27th day of July, 2007 by and between Foldera, Inc., a Nevada corporation (the “Company”), and the undersigned purchaser (the “Purchaser”) of shares of Common Stock of the Company. Capitalized terms used but not defined herein have the meanings assigned to them in the Purchase Agreement (as defined below).
WHEREAS, the Company and the Purchasers entered into a Common Stock Purchase Agreement (the “Purchase Agreement”) dated as of May 4, 2007.
WHEREAS, the Company and the Purchaser desire to amend the Purchase Agreement.
NOW, THEREFORE, in consideration of the mutual agreements herein contained, the parties agree as follows:
1. The definition of “Per Share Purchase Price“ contained in Section 1.1 of the Purchase Agreement is hereby amended by deleting “$0.60” and inserting in lieu thereof “$0.15”.
2. Except as expressly amended by this Amendment, the parties agree that all other provisions of the Purchase Agreement remain unchanged and that the Purchase Agreement remains in full force and effect.
3. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
[Signature page follows]
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IN WITNESS WHEREOF, the parties have caused this Amendment No. 1 to Common Stock Purchase Agreement to be duly executed as of the date first written above.
FOLDERA, INC. | ||
| ||
By: | /s/ Reid Dabney | |
Name: Reid Dabney | ||
Title: Senior Vice President and Chief Financial Officer |
VISION OPPORTUNITY MASTER FUND, LTD. | ||
| | |
By: | /s/ Adam Benowitz | |
Name: Adam Benowitz | ||
Title: Portfolio Manager |
5
LIST OF PURCHASERS
Names and Addresses of Purchasers | Number of Shares Purchased | Dollar Amount of Investment | |||||
INITIAL CLOSING: | |||||||
Vision Opportunity Master Fund, Ltd | 1,666,666 | $ | 1,000,000 | ||||
20 W. 55th Street, 5th floor | |||||||
New York, NY 10019 | |||||||
Fax: 212 ###-###-#### | |||||||
Attn: Adam Benowitz and | |||||||
Antti Uusiheimala | |||||||
E-mail: ***@*** | |||||||
***@*** | |||||||
SECOND CLOSING: | |||||||
Vision Opportunity Master Fund, Ltd | 6,666,666 | $ | 1,000,000 | ||||
20 W. 55th Street, 5th floor | |||||||
New York, NY 10019 | |||||||
Fax: 212 ###-###-#### | |||||||
Attn: Adam Benowitz and | |||||||
Antti Uusiheimala | |||||||
E-mail: ***@*** | |||||||
***@*** |
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