IDEAL POWER CONVERTERS, INC. STOCK PURCHASE WARRANTStock Purchase Warrant • August 6th, 2013 • Ideal Power Inc. • New York
Contract Type FiledAugust 6th, 2013 Company JurisdictionTHIS CERTIFIES that MDB Capital Group, LLC (the “Holder”) is entitled, upon the terms and subject to the conditions hereinafter set forth in this Warrant (this “Warrant”), at any time on or after (except as otherwise limited below) the date of the applicable event specified in Section 2 below setting forth the Exercise Price and on or prior to the Expiration Date, but not thereafter, to subscribe for and to purchase from Ideal Power Converters, Inc., a Texas corporation (the “Company”), 222,603 shares of the Company's common stock, $0.001 par value (the “Common Stock”).
IDEAL POWER CONVERTERS, INC. STOCK PURCHASE WARRANTStock Purchase Warrant • August 6th, 2013 • Ideal Power Inc. • New York
Contract Type FiledAugust 6th, 2013 Company JurisdictionTHIS CERTIFIES that MDB Capital Group, LLC (the “Holder”) is entitled, upon the terms and subject to the conditions hereinafter set forth in this Warrant (this “Warrant”), at any time on or after (except as otherwise limited below) the date of the applicable event specified in Section 2 below setting forth the Exercise Price and on or prior to the Expiration Date, but not thereafter, to subscribe for and to purchase from Ideal Power Converters, Inc., a Texas corporation (the “Company”), 477,135 shares of the Company's common stock, $0.001 par value (the “Common Stock”).