Stock Purchase Agreement with Note as Consideration

This Stock Purchase Agreement with Note Delivered as Consideration is between a company who desires to issue stock and a purchaser who agrees to acquire the company's common stock. This agreement sets forth the number of shares to be purchased, price per share and that the shares are subject to repurchase as set forth within this agreement. A promissory note for the amount of stock purchase will be delivered at the time of closing of this transaction. (continued ...)