Stock and Warrants. The shares of common stock and the shares issuable upon exercise of the related warrants are subject to a Registration Rights Agreement and are currently registered. Such shares were issued in the Company’s January 2002 private placement of common stock and warrants. The shares of common stock and the shares issuable upon exercise of the related warrants are subject to a Registration Rights Agreement and are currently registered. Such shares were issued in the Company’s October 2003 private placement of common stock and warrants.
Stock and Warrants. At or prior to the Closing, the Company shall have delivered or caused to be delivered to the Purchasers the shares of Series A-2 Preferred Stock and the Warrants (in such denominations as each Purchaser may request).
Stock and Warrants. Our common stock trades on the New York Stock Exchange (the “NYSE”) under the ticker symbol “KORE” and our warrants trade on the OTC Pink Marketplace under the ticker symbol “KORGW.”
Stock and Warrants. Distributions on the Common Stock Possible Constructive Distributions
Stock and Warrants. Executive will receive a signing bonus in the form of preferred stock and common stock as a performance incentive. Executive will receive: 1) an issuance of Common Stock as set forth below; and 2) an issuance of a new class of Control Series Preferred Stock as follows;
Stock and Warrants. Executive will receive additional compensation in the form of warrants on the Company stock as a performance incentive. Executive will receive: 1) a five year warrant On 700,000 shares of the Company's common stock at an aggregate exercise price of $150,000; 2) a eight year warrant on $1,500,000 shares of the Company's common stock at an aggregate exercise price of $500,000: 3) a nine year warrant On 2.000,000 shares of the Company's common stock at an aggregate exercise price of $800,000 Those warrants are fully vested as of the date of this agreement.
Stock and Warrants. If the transactions contemplated hereby are not consummated by reason of any failure, refusal or inability on the part of the Company to perform any agreement on its part to be performed hereunder or to fulfill any condition of the Underwriter's obligations hereunder, or if the Company shall terminate this Agreement pursuant to Section 11(a) hereof, or if the Underwriters shall terminate this Agreement pursuant to Section 11(b)(i), the Company will reimburse the Underwriter for all out-of-pocket expenses (including fees and disbursements of Underwriter's Counsel) incurred by the Underwriter in investigating or preparing to market or marketing the Common Stock and Warrants.
Stock and Warrants. In addition to the Placement Agent Fees, at the First Closing under the Securities Purchase Agreement, the Company shall issue to the Placement Agent or to its officers set forth on Schedule 2(d), each of whom is an accredited investor (the "Zanett Officers"), as directed by the Placement Agent (i) 18.1818 shares of the Company's Common Stock for each Unit, (ii) CBS Warrants for 10.9091 CBS Shares for each Unit and (ii) Warrants, in substantially the form attached hereto as Exhibit A, to purchase, in the aggregate, 41.6667 shares of the Company's Common Stock for each Unit ("Placement Warrants"). At each of the Second Closing and the Third Closing under the Security Purchase Agreement, the Company shall issue to the Placement Agent or the Zanett Officers, as directed by the Placement Agent, Placement Warrants to purchase, in the aggregate, 65.1515 shares of the Company's Common Stock for each Unit. The shares of the Company's Common Stock issuable upon exercise of the Placement Warrants shall hereinafter be referred to as the "Placement Warrant Shares." The Company shall grant the Placement Agent certain registration rights under the Securities Act with respect to the Placement Warrant Shares pursuant to the Registration Rights Agreement.
Stock and Warrants. In the Tender Offer the Company shall offer to each holder of Debentures the right to exchange for each Debenture (including interest on the Debentures which is accrued and unpaid on the Exchange Date): (i) cash in the amount of $233.33 per Debenture; (ii) that number of shares of StreamLogic's common stock ("Exchange Shares") equal to $520.00 per Debenture calculated by using the average of the closing price of StreamLogic's common stock for the 5 trading days prior to the Closing Date or such earlier 5 day trading average as required by the SEC (the "Exchange Price"); provided that the maximum number of Exchange Shares per Debenture will be 130.0 shares and the minimum number of Exchange Shares per Debenture will be 69.33333 shares; and (iii) warrants to purchase 40 shares of StreamLogic's common stock (the "Warrants") per Debenture. The Warrants shall be exercisable at any time before the fifth anniversary of the date of the Exchange and A1-1
Stock and Warrants. Subject to the terms and conditions contained in Section 2 of this Agreement BMG shall be entitled to the following:
(a) One Hundred Fifty Thousand (150,000) shares of restricted common stock upon execution of this agreement with piggy-back registration rights pursuant to the Registration Rights Agreement attached hereto as Schedule A-1.
(b) BMG shall receive three warrants for 200,000 shares each of the Company's common stock, assuming Xx. XxXxxxx'x active participation over the Agreement term and renewal periods, granted as follows: At signing of Agreement: A warrant for 200,000 shares priced at 50% of closing market price on date the Agreement is signed, vesting in twelve (12) months and exercisable for sixty (60) months. On first day of the first renewal: A warrant for 200,000 shares priced at 75% of closing market price on date the Agreement is signed, vesting in twelve (12) months and exercisable for sixty (60) months. On first day of the second renewal: A warrant for 200,000 shares priced at 100% of closing market price on the date the Agreement is signed, vesting in twelve (12) months and exercisable for sixty (60) months. The warrant agreements shall be substantially in the form attached hereto as Schedule A-2 and shall include, among other terms, a cashless exercise provision and piggy-back registration rights.
