WARRANT TO PURCHASE SHARESWarrant Agreement • September 23rd, 2016 • AquaVenture Holdings LTD • Water supply • Delaware
Contract Type FiledSeptember 23rd, 2016 Company Industry JurisdictionTHIS WARRANT CERTIFIES THAT, for value received, receipt of which is hereby acknowledged, ORIX Finance Equity Investors, LP, a Delaware limited partnership (“Holder”) is entitled to purchase the number of fully paid and nonassessable shares of the Class of Shares (the “Shares”) of AquaVenture Holdings Limited (the “Company”) at the initial exercise price per Share (the “Warrant Price”) set forth above, as constituted on the date hereof and as adjusted pursuant to the other terms of this Warrant, subject to the provisions and upon the terms and conditions set forth in this Warrant. On (i) December 23, 2013, an amended and restated warrant to purchase 431,250 (as may be adjusted) shares of Ordinary Common Shares of Quench USA Holdings LLC (“QUH”), for an initial exercise price of $1.00 per share, was issued by QUH (the “First Prior Warrant”), and (ii) December 23, 2013, as adjusted by that certain Notice of Warrant Adjustment dated April 17, 2014, an additional warrant to purchase 525,00
WARRANT TO PURCHASE SHARESWarrant Agreement • September 23rd, 2016 • AquaVenture Holdings LTD • Water supply • Delaware
Contract Type FiledSeptember 23rd, 2016 Company Industry JurisdictionTHIS WARRANT CERTIFIES THAT, for value received, receipt of which is hereby acknowledged, ORIX Finance Equity Investors, LP, a Delaware limited partnership (“Holder”) is entitled to purchase the number of fully paid and nonassessable ordinary shares (the “Shares”) of AquaVenture Holdings Limited (the “Company”) at the initial exercise price per Share (the “Warrant Price”) set forth above, as constituted on the date hereof and as adjusted pursuant to the other terms of this Warrant, subject to the provisions and upon the terms and conditions set forth in this Warrant. On June 16, 2014, a warrant to purchase 60,635 (as may be adjusted) shares of Class B Shares of AquaVenture Holdings LLC (“AVH”), for an initial exercise price of $4.9477 per share, was issued by AVH (the “Old Warrant”) pursuant to a Loan and Security Agreement between Quench USA, Inc. and ORIX Ventures, LLC, dated as of October 7, 2011 (as from time to time amended, restated, supplemented or otherwise modified, the “Loan