Common Stock Warrant Sample Clauses

Common Stock Warrant. Concurrent with the execution of this Agreement, Company shall grant to the Consultant a common stock warrant (the “Warrant”) entitling the Consultant to purchase up to 400,000 shares of common stock of the Company at $1.70 per share. The Warrant shall be fully exercisable immediately, shall expire on December 31, 2019, and shall be freely assignable in whole or in part by Consultant. Concurrent with the issuance of the Warrant, the Company agrees to register the shares underlying the Warrant for resale. In connection with the registration of the shares underlying the Warrant, the Company agrees to pay consultant a penalty of 1% additional warrants per each 30 days in the event: (i) a registration statement covering the shares is not filed by March 21, 2009, and (ii) the registration statement covering the shares is not declared effective within 90 days of filing. On each anniversary of this Agreement, Company shall grant to the Consultant an additional common stock warrant (“Anniversary Warrant Grant”) (which together with the original Warrant shall be known as the “Warrants”), entitling the Consultant to purchase that number of shares of Company Common Stock which is equal to 1% of the sum of (a) the number of then outstanding shares of Company Common Stock, plus (b) the number of shares of Company Common Stock underlying then outstanding warrants, options and other derivative rights for the purchase of Company Common Stock which are at that time both immediately exercisable and in the money. The exercise price of each such Anniversary Warrant shall be equal to the average closing price over the twenty consecutive trading days immediately preceding the Anniversary. Each Warrant shall be fully exercisable immediately, shall have a term of ten years, and shall be freely assignable in whole or in part by Consultant. . Concurrent with the issuance of the Anniversary Warrant Grant, the Company agrees to register the shares underlying the Anniversary Warrant Grant for resale. In connection with the registration of the shares, the Company agrees to pay consultant a penalty of 1% additional warrants per each 30 days in the event: (i) a registration statement covering the shares is not filed within 60 days from each Anniversary Warrant Grant, and (ii) the registration statement covering the shares is not declared effective within 90 days from the filing date. Concurrent with the execution of this Agreement and concurrent with the issuance of any Anniversary Warra...
AutoNDA by SimpleDocs
Common Stock Warrant. The Company shall have delivered the Warrants to -------------------- the Purchaser, contingent on the closing of the offering contemplated hereby.
Common Stock Warrant. 1.10 Company......................................................................................
Common Stock Warrant. Release executed by Lordship Ventures and the Company October 5, 2012 Release
Common Stock Warrant. Coast shall have received a duly executed Common Stock Warrant from Borrower, for the purchase of Borrower's stock, in form and substance acceptable to Coast in its sole and absolute discretion.
Common Stock Warrant. On the Closing Date, the Company -------------------- shall issue to the Investors the Common Stock Warrants in the form attached hereto as Exhibit B. The Common Stock underlying the Common Stock Warrants shall --------- be registered in the Registration Statement referred to in the Registration Rights Agreement.
Common Stock Warrant. Buyer covenants that it will at all times reserve and keep available such number of authorized shares of its Buyer Common Stock, free from all preemptive rights with respect thereto, which will be sufficient to permit the exercise of the Common Stock Warrants for the full number of shares of Common Stock specified therein. The shares of Common Stock of Buyer to be issued upon exercise of the Common Stock Warrants have been duly authorized by all necessary corporate action on the part of Buyer, and, when issued and delivered by Buyer upon exercise of the Common Stock Warrants, will be duly and validly issued, fully-paid and non-assessable shares of Common Stock. The Shareholders will acquire valid and marketable title to the Buyer Common Stock issued upon exercise of any Common Stock Warrant, free and clear of any and all taxes, liens, charges and Encumbrances.
AutoNDA by SimpleDocs
Common Stock Warrant. Upon the execution and delivery of this Agreement by each of the Parties, CVT shall issue to Quintiles or its designee a warrant, in the form attached hereto and incorporated herein by reference as Exhibit B, to purchase two hundred thousand (200,000) shares of common stock of CVT (the “Warrant”).
Common Stock Warrant. Upon execution and delivery of this Agreement by the Parties, DNA shall issue a warrant to RN to purchase Two Hundred Twenty Two Thousand Nine Hundred Ninety Eight (222,998) shares of common stock of DNA, and shall issue a warrant to Rolling Stone LLC to purchase Two Hundred One Thousand and Three Hundred Ninety Eight (201,398) shares of common stock of DNA. DNA hereby represents and warrants that Four Hundred Twenty Four Thousand Three Hundred Ninety Six (424,396) shares represents two percent (2%) of the outstanding securities of DNA on a fully-diluted, as-converted basis immediately following the closing of DNA’s convertible debt-offering on March 19, 2004. The warrants shall be in the forms attached hereto as Exhibits B-1 and B-2.
Common Stock Warrant. At the Closing and subject to the provisions of Article 6, the Purchaser shall deliver to Seller Parent's Common Stock Warrant (the "Warrants") in the form of Exhibit A hereto entitling Seller to purchase 100,000 shares of Parent's common stock ("Parent's Common Stock").
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!