COMMON UNITS PURCHASE WARRANT SUMMIT SEMICONDUCTOR, LLCSecurities Agreement • July 2nd, 2018 • Summit Semiconductor Inc. • Semiconductors & related devices • New York
Contract Type FiledJuly 2nd, 2018 Company Industry JurisdictionTHIS COMMON UNIT PURCHASE WARRANT (the “Warrant”) certifies that, for value received MARCorp Signal, LLC or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth and in the Securities Purchase Agreement between the Company and the purchasers, including the Holder (the “Purchase Agreement”), at any time on or after the Original Issue Date and on or prior to the close of business on the fifth anniversary of the Original Issue Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Summit Semiconductor, LLC, a Delaware limited liability company (the “Company”), up to that number of Common Units equal to the quotient of (x) the aggregate Principal Amount of the Note (as defined below) divided by (y) the Exercise Price (as defined below) (such number of Common Units to be subject to adjustment hereunder, the “Warrant Units”); provided, however, the number of Warrant Units exerci
COMMON UNITS PURCHASE WARRANT SUMMIT SEMICONDUCTOR, LLCSecurities Agreement • July 2nd, 2018 • Summit Semiconductor Inc. • Semiconductors & related devices • New York
Contract Type FiledJuly 2nd, 2018 Company Industry JurisdictionTHIS COMMON UNITPURCHASE WARRANT (the “Warrant”) certifies that, for value received [*] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth and in the Securities Purchase Agreement between the Company and the Holder (the “Purchase Agreement”), at any time on or after the Original Issue Date and on or prior to the close of business on the fifth anniversary of the Original Issue Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Summit Semiconductor, LLC, a Delaware limited liability company (the “Company”), up to [*] Common Units (as subject to adjustment hereunder, the “Warrant Units”); provided, however, the number of Warrant Units exercisable pursuant to this Warrant shall double in the event the Company does not consummate an IPO by June 1, 2017. The purchase price of one Common Unit under this Warrant shall be equal to the Exercise Price, as defined in Section
COMMON UNITS PURCHASE WARRANT SUMMIT SEMICONDUCTOR, LLCSecurities Agreement • July 2nd, 2018 • Summit Semiconductor Inc. • Semiconductors & related devices • New York
Contract Type FiledJuly 2nd, 2018 Company Industry JurisdictionTHIS COMMON UNIT PURCHASE WARRANT (the “Warrant”) certifies that, for value received _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth and in the Securities Purchase Agreement between the Company and the Holder (the “Purchase Agreement”), at any time on or after the Original Issue Date and on or prior to the close of business on the fifth anniversary of the Original Issue Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Summit Semiconductor, LLC, a Delaware limited liability company (the “Company”), up to __________ Common Units (as subject to adjustment hereunder, the “Warrant Units”). The purchase price of one Common Unit under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).