Common Contracts

2 similar Stock Purchase Warrant contracts by Motricity Inc

PINPOINT NETWORKS, INC. STOCK PURCHASE WARRANT
Stock Purchase Warrant • May 14th, 2010 • Motricity Inc • Services-business services, nec • North Carolina

This certifies that, for the agreed upon value of $1.00 and in consideration for that certain Third Loan Modification Agreement, made as of March 26, 2002 (the “Loan Agreement”), and for other good and valuable consideration, SILICON VALLEY BANK or its permitted registered assigns (either, the “Registered Holder”), is entitled, subject to the terms and conditions of this Warrant, to purchase from PINPOINT NETWORKS, INC., a Delaware corporation (the “Company”), at any time after the date of this Warrant and prior to the Expiration Date (as defined below), 70,000 shares of the Company’s Series B Preferred Stock, $0.001 par value per share (the “Warrant Stock”), at a purchase price equal to $0.491855118 per share (as adjusted as hereinafter set forth, the “Purchase Price”), upon the terms and conditions set forth below.

AutoNDA by SimpleDocs
PINPOINT NETWORKS, INC. STOCK PURCHASE WARRANT
Stock Purchase Warrant • May 14th, 2010 • Motricity Inc • Services-business services, nec • North Carolina

This certifies that, in connection with that certain Third Loan Modification Agreement, made as of March 26, 2002 (the “Loan Agreement”), and for the agreed upon value of $1.00 and in consideration of Registered Holder’s (as hereinafter defined) surrender and delivery to the Company (as hereinafter defined) of that certain Stock Purchase Warrant No. WB-1, dated as of June 7, 2001, and for other good and valuable consideration, SILICON VALLEY BANK or its permitted registered assigns (either, the “Registered Holder”), is entitled, subject to the terms and conditions of this Warrant, to purchase from PINPOINT NETWORKS, INC., a Delaware corporation (the “Company”), at any time after the date of this Warrant and prior to the Expiration Date (as defined below), 182,198 shares of the Company’s Series A Preferred Stock, $0.001 par value per share (the “Warrant Stock”), at a purchase price equal to $0.296952013 per share (as adjusted as hereinafter set forth, the “Purchase Price”), upon the ter

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!