STERLING ATLANTIC
EX-10.53 3 v337372_ex10-53.htm EXHIBIT 10.53
STERLING ATLANTIC
November 15, 2012
Mr. Nikolas Konstant
Chairman
EOS Petro
2049 Century Park East
Suite 3670
Los Angeles, CA 90067
| Re: | Purchase Agreement |
DearNik,
With respect to the PREFERRED STOCK PURCHASE AGREEMENT dated August 1, 2011 between Eos Petro, Inc. ("Eos") and Sterling Atlantic, LLC ("Sterling"), and the other related agreements between us executed concurrently therewith (collectively, the "Agreements"), we further agree as follows:
| 1. | All terms of the Agreements are hereby incorporated. |
| 2. | Sterling shall purchase up to 50,000 shares and50,000 warrants in EOS post reverse merger and stock split, 2.50 exercise price, five year term, for up to $50,000. In the event funding is less than $50,000, the shares and warrants shall be reduced proportionately. |
Agreed:
| Eos Petro, Inc. | ||
| By: | /s/ Nikolas Konstant | |
| Name: Nikolas Konstant | ||
| Title: Chairman | ||
| Sterling Atlantic, LLC | ||
| By: | /s/ Franco Scalamandre | |
| Name: | ||
| Title: | ||
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