Assignment of FCP Warrant and Option Rights. FCP shall have executed an Assignment of Rights in the Form of Exhibit D hereto, pursuant to which FCP shall assign to Regent an undivided fifty percent (50%) interest in (i) the FCP Warrant, and (ii) the FCP Option. If requested by Regent (including a request made subsequent to Closing), the Company will re-execute substitute and separate warrants and option agreements, pursuant to which each of Regent and FCP will have stand-alone agreements with terms identical to the existing FCP Warrant and FCP Option (with the exception that each such substitute agreement will cover 50% of the aggregate original interests).
Appears in 4 contracts
Samples: Convertible Debenture Purchase Agreement (Vycor Medical Inc), Convertible Debenture Purchase Agreement (Vycor Medical Inc), Convertible Debenture Purchase Agreement (Vycor Medical Inc)
