Stock Purchase Warrants. Employee shall be granted on the date hereof a stock purchase warrant (the "Stock Purchase Warrant") in the form of Exhibit A hereto exercisable for 335,000 shares of CEC's common stock. The such stock purchase warrant shall become exercisable over a period of four (4) years at the rate of one-quarter of the stock that can be purchased under such stock purchase warrant on each of the first four (4) anniversaries of the date immediately prior to the date of this Agreement. Such Stock Purchase Warrant shall have a term of ten (10) years.
Stock Purchase Warrants. (a) Subject to Section 2.4(b) of this Agreement, Buyer will cause Parent to issue stock purchase warrants exercisable into up to an aggregate of Two Million (2,000,000) shares of Common Stock (each in the form attached hereto as Exhibit B, a “Warrant” and collectively “Warrants”) upon the occurrence of the following (in each case, a “Diligence Failure Event”):
(i) Buyer will cause Parent to issue a Warrant exercisable into Five Hundred Thousand (500,000) shares of Common Stock within thirty (30) days after the date that is eighteen (18) months following the Closing if Buyer has failed to initiate a Phase 2 Clinical Trial wound healing clinical study by such date;
(ii) Buyer will cause Parent to issue a Warrant exercisable into Five Hundred Thousand (500,000) shares of Common Stock within thirty (30) days after the date that is thirty-six (36) months following the initiation of the Phase 2 Clinical Trial wound healing clinical study if Buyer has failed to complete a Phase 2 Clinical Trial wound healing clinical study by such date;
(iii) In the event that Buyer receives positive Phase 2 Clinical Trial data, then Buyer will cause Parent to issue a Warrant exercisable into Five Hundred Thousand (500,000) shares of Common Stock within thirty (30) days after the date that is eighteen (18) months following the completion of the Phase 2 Clinical Trial unblinding if Buyer has failed to initiate a Phase 3 wound healing clinical study by such date; and
(iv) In the event that Buyer receives positive Phase 2 Clinical Trial data, then Buyer will cause Parent to issue a Warrant exercisable into Five Hundred Thousand (500,000) shares of Common Stock within thirty (30) days after the date that is thirty-six (36) months following the initiation of the Phase 3 wound healing clinical study if Buyer has failed to complete the Phase 3 wound healing clinical study by such date.
(b) Each Warrant that is issued pursuant to this Section 2.4 shall (i) be immediately exercisable, (ii) have a term of five (5) years from the original issuance date, (iii) have a cashless exercise provision as provided in the form of Warrant, and (iv) have an exercise price per share of Four Dollars ($4.00); provided, however, that in lieu of issuing any or all Warrants pursuant to this Section 2.4 and provided that the Share Price (as defined below) is at least Eight Dollars ($8.00), Buyer, in its sole election, may deliver either (x) an amount in cash equal to the value of the Warrant(s) as calculated ...
Stock Purchase Warrants. (a) Contemporaneous with the making of this Note, IMAC has issued warrants ("Warrants") in connection herewith to purchase from IMAC, at any time on or before the fifth anniversary of the Note date, shares of IMAC's Common Stock at an exercise price of one dollar and fifty cents ($1.50) per share ("Warrant Exercise Price"). The Warrants may be exercised by the holder, in whole only, with the purchase form appended to the Warrant duly executed by the holder at the principal office of IMAC, or at such other office or agency as IMAC may designate, accompanied by payment in full of the purchase price as set forth herein.
(b) A certificate representing the warrant fully executed by IMAC shall be delivered to the holder upon the making of the Note.
Stock Purchase Warrants. On the Closing Date, TCRI agrees to issue to the individuals identified on Exhibit C warrants (the "Warrants") to purchase an aggregate of 750,000 shares of TCRI Common Stock. The Warrants will vest in accordance with the terms and schedule set forth on Exhibit C.
Stock Purchase Warrants. As soon as practicable following the date of this Agreement, upon the written request of the Purchaser, the Company and the Purchaser shall take such actions as are reasonably required (including, if necessary, the provision of funds by the Purchaser to the Company) to provide that at the earlier of the purchase of Shares pursuant to the Offer and the Effective Time, the holder of each outstanding warrant to purchase Shares granted under that certain Warrant Subscription Agreement by and between the Company and First Chicago Trust Company dated as of October 1, 1993 (each, a "Warrant" and, collectively, the "Warrants") shall, upon surrender thereof to the Company or its designee, receive from the Company the difference between the Merger Consideration and the exercise price per Share for the Shares covered by such Warrant, net of any applicable tax withholding. The holders of such Warrants shall be entitled to enforce this Section 2.06 against the Company, the Surviving Company and the Purchaser.
Stock Purchase Warrants. As additional consideration for the Loan, RGPI agrees to grant Lender stock purchase warrants to purchase 200,000 shares of the Common Stock of RGPI at an exercise price of $1.50, 100,000 shares of the Common Stock of RGPI at an exercise price of $2.00, and 100,000 shares of the Common Stock of RGPI at an exercise price of $3.00 (the "Warrants"). The Warrants shall be exercisable immediately and shall expire on December 31, 2002. A copy of the Warrant Agreement is attached hereto as Exhibit "B." The Loan shall be convertible into shares of Common Stock in exercise of the Warrants at the election of Lender. RGPI agrees to grant "piggy-back" registration rights on the shares issuable upon exercise of the Options in accordance with the terms of the Warrant Agreement.
Stock Purchase Warrants. Concurrently with the issuance of the Notes, the Companies hereby agree to issue Common Stock Purchase Warrants (each a “Warrant” and collectively, the “Warrants”) as follows:
(a) To Administrative Agent, a Warrant covering 137,500 shares of Parent’s Common Stock with an exercise price of $1.10 per share, and
(b) To KM & Co., a Warrant covering 12,500 shares of Parent’s Common Stock with an exercise price of $1.10 per share. The Common Stock Purchase Warrants shall be substantially in the form of Exhibit B.
Stock Purchase Warrants. In consideration for Lender's entering into this Agreement and for making the Loan contemplated herein, Borrower shall deliver to Lender a
Stock Purchase Warrants. In consideration for Lender's entering into this Agreement and for making the Loan contemplated herein, Borrower shall deliver to Lender a Stock Purchase Warrant substantially in the form attached hereto as Exhibit B (the "Warrant"), executed by Borrower in favor of Lender.
Stock Purchase Warrants i. Expiration date 48 months from date of issuance ii. Exercise price of US$0.10 per warrant for one share of LQWC common stock with cashless exercise provisions.
iii. Piggyback registration rights