Common Stock and Warrants Sample Clauses

Common Stock and Warrants. The Company shall have delivered the Shares and Warrants being sold at the applicable Closing.

Common Stock and Warrants. In consideration for the Loan, for each $100,000 of new principal loaned to the Borrower by the Lender, the Borrower shall issue to the Lender 25,000 shares of unregistered common stock of the Borrower and warrants to purchase 25,000 shares of common stock at an exercise price of $0.85 per share and a term of five years.

Common Stock and Warrants. (i) Prior to the third anniversary of the date hereof, a Management Stockholder may Transfer Common Stock only (A) if such Management Stockholder is exercising a Tag-along Right or a Warrant Tag-along Right initiated by Acquisition Company or, to the extent (ii) On or after the third anniversary of the date hereof, a Management Stockholder may Transfer Common Stock (A) to a Permitted Transferee or in connection with a Tag-along Right or Warrant Tag-along Right, or (B) if and to the extent such Transfer and all previous Transfers (other than Transfers described in clause (A)) in the aggregate equals an amount which is not greater than 25% of (1) the shares of Common Stock (including Common Stock underlying Existing Options) held by such Stockholder immediately after the Closing and (2) the shares of Common Stock acquired by such Stockholder after the Closing. Any Transfer permitted by this Section 4(a)(ii) (other than a Transfer to a Permitted Transferee) shall be subject to a Tag-along Right and the provisions of Section 6. (iii) At any time after the Closing, each of Acquisition Company and the Foundation may Transfer its Common Stock or Warrants, and any such Transfer (unless it is to a Permitted Transferee or made pursuant to a Tag-along Right or a Warrant Tag-along Right, as the case may be, or, in the case of the Foundation, pursuant to a Special Foundation Transfer or a Special Foundation Transfer Without Consideration) shall be subject only to a Tag-along Right or a Warrant Tag-along Right, as the case may be, and the provisions of Section 5.

Common Stock and Warrants. As consideration for Consultant’s provision of the Services, the Company agrees to provide compensation to Consultant by issuing Consultant (a) One Million Two Hundred Fifty-Five Thousand Two Hundred Ninety-Five (1,255,295) shares of the Company’s common stock (the “Common Stock”) and (b) a warrant to purchase up to an additional One Million Two Hundred Fifty-Five Thousand Two Hundred Ninety-Five (1,255,295) shares of the Common Stock at One Dollar ($1.00) per share pursuant to the Common Stock Purchase Warrant dated as of the date hereof and executed by the Company in favor of Consultant concurrently herewith (the “Warrant”). The Company shall cause its transfer agent to issue a certificate for the 1,255,295 shares of Common Stock to Consultant within five (5) days after the date of this Agreement.

Common Stock and Warrants. The Lender hereby acknowledges and agrees that the Guarantor has delivered to the Lender all Stock Certificates and Warrants required to be delivered pursuant to Section 4.01(c) and (d) of the Second Amended Loan Agreement (except for such Stock Certificates and Warrants that may be required to be delivered to the Lender in connection with a complete or partial exercise of such Warrants by the Lender).

Common Stock and Warrants. Syntroleum will pay Xx. Xxxx Xxxxxxxx upon the closing before March 21, 2006, or such later date as Syntroleum, in its sole discretion, may designate, of a venture to provide at least $40,000,000 from venture participants to secure rights to stranded gas fields with associated oil and other hydrocarbons (the “Stranded Gas Venture”), either (i) subject to stockholder approval in accordance with the requirements of the Nasdaq National Market, a number of shares (the “Shares”) of Syntroleum common stock, par value $0.01 per share (the “Common Stock”), equal to (A) 1% of the amount of funds committed to the Stranded Gas Venture by venture participants divided by (B) $5.79 per share or (ii) if the stockholder approval provided for in clause (i) above has not been received or given, an amount of cash equal to the market value on the date of such closing of the number of shares of Common Stock Xx. Xxxxxxxx would have received under clause (i) above. In addition, upon the closing of the Stranded Gas Venture before March 21, 2006, or such later date as Syntroleum, in its sole discretion, may designate, Syntroleum shall either (a) subject to stockholder approval in accordance with the Nasdaq National Market, issue to Xx. Xxxx Xxxxxxxx warrants (the “Venture Warrants”) to purchase a number of shares of Common Stock equal to (A) 1% of the amount of funds committed to the Stranded Gas Venture divided by (B) a value per warrant determined using a Black-Scholes methodology, with such warrants having an exercise price per share of $11.21, and exercisable until the third anniversary of the closing of the Stranded Gas Venture or (b) if the stockholder approval provided for in clause (a) above has not been received or given, pay to Xx. Xxxx Xxxxxxxx the amount of $400,000. Such payment and issuance shall be made promptly after the meeting of stockholders at which the proposal to approve the issuance of the Shares and the Venture Warrants and Warrants (as defined below) is submitted, as provided for below. In the event that stockholders do grant approval of the issuance of the Shares and Venture Warrants, Syntroleum and Xx. Xxxx Xxxxxxxx may mutually agree that cash may be paid in lieu of either the Shares or the Venture warrants or both. For the purpose of clarity the following example is given. If the amount of funds committed to the venture is $40,000,000 then 1% of such amount is $400,000, which is divided by $5.79 to give the number of shares to be provided to Xx. Xxxxxx...

Common Stock and Warrants. (i) Nature and Purchase of Common Stock and Warrants. (A) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of [_] units (“Units”) of securities, each such Unit consisting of (a) [_] shares of common stock (“Firm Shares”) of the Company, par value $.001 per share (the “Common Shares”), and (b) Warrants to purchase [_] Common Shares (the “Firm Warrants”). The Firm Shares and the Firm Warrants will be sold as units (the “Units”, with each Unit consisting of one Firm Share and one Firm Warrant). To the extent that the purchase of Firm Shares would cause the beneficial ownership of a purchaser in the Offering, together with its affiliates and certain related parties, to exceed 4.99% of the Common Shares, the Company agrees to issue the Underwriters, for delivery to such purchasers, an equal number shares of the Company’s Series A Preferred Stock (the “Preferred Shares”), which is initially convertible on a one-for-one basis into Common Shares, in lieu of the Firm Shares included in the Units. The Units, and the Shares (as defined below) or Preferred Shares, as applicable, included within the Units and the Warrants (as defined below) comprising the Units, as well as the Common Shares issuable upon exercise of the Warrants (the “Warrant Shares”) or conversion of the Preferred Shares, are hereinafter referred to together as the “Firm Securities..” (B) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Units set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $[_] (the “Purchase Price”) per Unit (92% of the public offering price per Unit). The Units are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2(a)(i)(A) hereof).

Common Stock and Warrants. Each Buyer shall have received (i) a certificate evidencing the Common Stock being purchased at the Closing, duly completed and executed and (ii) a certificate evidencing the Warrants being issued pursuant to the Warrant Agreement, duly completed and executed.

Common Stock and Warrants. The parties acknowledge that Syntroleum sold to Xx. Xxxx Xxxxxxxx, a total of 400,000 shares of Syntroleum common stock at a purchase price of $4.50 per share on October 15, 2003. In addition, subject to the approval of the shareholders of Syntroleum, Syntroleum shall issue to Xx. Xxxx Xxxxxxxx the following warrants to purchase shares of Syntroleum common stock (the “Warrants”): 1. Warrants to purchase 170,000 shares of Syntroleum common stock at an exercise price of $5 per share exercisable from the date of such shareholder approval until November 4, 2007; 2. Warrants to purchase 500,000 shares of Syntroleum common stock at an exercise price of $[ ] [closing sale price on the date this agreement is approved by the board of directors of Syntroleum] per share exercisable (a) from the later of (i) the date of such shareholder approval, (ii) the execution prior to the termination of this Letter Agreement of an agreement with Repsol YPF, S.A., Saudi Aramco, their designated affiliates or another party approved by Syntroleum with terms that Syntroleum and Xx. Xxxx Xxxxxxxx mutually agree shall result in the exercisability of such Warrants, or (iii) October 1, 2004 (b) until November 4, 2007. 3. Warrants to purchase 500,000 shares of Syntroleum common stock at an exercise price of $4.50 per share exercisable (a) from the later of (i) the date of such shareholder approval or (ii) the execution prior to the termination of this Letter Agreement of an agreement with Dragados Industrial, S.A. its designated affiliates or another party approved by Syntroleum with terms that Syntroleum and Xx. Xxxx Xxxxxxxx mutually agree shall result in the exercisability of such Warrants (b) until November 4, 2007; Syntroleum and Xx. Xxxx Xxxxxxxx shall enter into a Warrant Agreement substantially in the form of Exhibit A hereto with respect to such Warrants and an amendment to the Registration Rights Agreement substantially in the form of Exhibit B hereto. It is understood that such Warrant Agreement shall supercede and replace the Option Agreement dated October 15, 2003 between Syntroleum and Xx. Xxxx Xxxxxxxx and that such Option Agreement shall be of no further effect. Syntroleum agrees to use its reasonable commercial efforts to submit a proposal to approve the issuance of the Warrants to Xx. Xxxx Xxxxxxxx at the next meeting of stockholders which is currently scheduled for April 26, 2004. It is understood that Syntroleum will not exercise its right to terminate this Agreement ...

Common Stock and Warrants. In April 2009, we issued 1,688,211 shares of common stock as a result of conversions of $263,478 of convertible notes payable and related accrued interest. The shares were issued to accredited investors. The range of conversion prices was between $0.15 and $0.16 per share. In April 2009, an accredited investor exercised a warrant to purchase 555,556 shares of our common stock at the agreed strike price of $0.18 per share for cash proceeds of $100,000. We issued that investor a five year warrant to purchase 555,556 shares at $0.18 per share and a conditional warrant to purchase a like number of shares at the same strike price if that warrant is exercised. In April 2009, we issued 490,000 shares of restricted common stock valued at the closing price to two investor relations firms in payment for investor relations services with an aggregate value of $108,700. In April 2009, we issued 80,000 shares of restricted common stock and warrants to purchase 80,000 shares of common stock in exchange for $15,200. The shares were issued to an accredited investor. In May 2009, holders of certain convertible notes converted $139,256 of principal and accrued interest into 878,059 shares of our common stock pursuant to the terms of the notes at an average conversion rate of approximately $0.16 per share. In May 2009, we issued 40,104 shares of restricted common stock at a price of $0.24 per share to an investment banking firm in payment for financial advisory services valued at $9,625 based on the value of the services provided. In June 2009, we issued 779,956 shares of common stock as a result of conversions of $143,512 of convertible notes payable and related accrued interest at a conversion price per share of $0.18. The shares were issued to accredited investors. On June 29, 2009, we committed to issue 4,000,000 shares of restricted common stock to Xx. Xxxxx, our Chief Executive Officer, at a price per share of $0.24, which shall vest in equal installments over a thirty six month period commencing June 30, 2010.