EX-10.7
from 8-K
4 pages
This Waiver (This “Waiver”) Is Made and Entered Into as of July 15, 2016, by and Between Smg Growing Media, Inc., an Ohio Corporation Having Its Principal Place of Business at 14111 Scottslawn Road, Marysville, Ohio 43041 (The “Investor”), and Aerogrow International, Inc., a Nevada Corporation Having Its Principal Place of Business at 6075 Longbow Dr., Suite 200, Boulder, Colorado 80301 (“Aerogrow”). the Investor and Aerogrow Are Sometimes Referred to Herein Collectively as the “Parties” and Individually as a “Party.” Whereas, the Parties Are Parties to That Certain Securities Purchase Agreement, Dated as of April 22, 2013 (The “Purchase Agreement”), Pursuant to Which the Investor Purchased Shares of the Company’s Series B Convertible Preferred Stock, Par Value $0.001 Per Share; Whereas, in Conjunction With the Execution of the Purchase Agreement, the Company Filed a Certificate of Designations of Series B Convertible Preferred Stock With the Secretary of State of the State of Nevada on April 19, 2013 (The “Certificate of Designations”); Whereas, the Parties Are Parties to That Certain Investor Rights Agreement, Dated as of April 22, 2013 (The “Investor Rights Agreement”);
12/34/56
