Wowio Inc. (WWIO)

[CHS1]

Purchase Agreement

On April 2, 2015, the Company entered into the Equity Purchase Agreement with Premier Venture Partners, LLC. Pursuant to the terms and provisions of the Equity Purchase Agreement, for a period of forty-eight (48) months commencing on the execution date of the agreement. The Company will create a new series of Preferred Shares, Series C, as an obligation in this Agreement (the “Shares”). The Shares will be non-voting, accrue dividends in Series C Shares at a rate of 8% per annum, and have a Liquidation Value of $1,000 plus accrued dividends. Premier Venture shall commit to purchase up to 5,000 of the Company’s Series C Preferred Shares, at a purchase price of $1,000 per share-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------THAT'S 5 MILLION DOLLARS OF INVESTMENT IN (WWIO)///////////////CHS1