COMMON STOCK PURCHASE WARRANT To Purchase 833,333 Shares of Common Stock of NORDIC AMERICAN OFFSHORE LTD.Common Stock Purchase Warrant • May 5th, 2014 • Nordic American Offshore Ltd. • Deep sea foreign transportation of freight
Contract Type FiledMay 5th, 2014 Company IndustryTHIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Nordic American Tankers Limited (the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on December 31, 2015 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Nordic American Offshore Ltd. a Marshall Islands corporation (the “Company”), up to 833,333 shares (the “Warrant Shares”) of Common Stock, par value $0.01 per share, of the Company (the “Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(c).
COMMON STOCK PURCHASE WARRANT To Purchase 833,333 Shares of Common Stock of NORDIC AMERICAN OFFSHORE LTD.Common Stock Purchase Warrant • May 5th, 2014 • Nordic American Offshore Ltd. • Deep sea foreign transportation of freight
Contract Type FiledMay 5th, 2014 Company IndustryTHIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Nordic American Tankers Limited (the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on December 31, 2015 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Nordic American Offshore Ltd. a Marshall Islands corporation (the “Company”), up to 833,333 shares (the “Warrant Shares”) of Common Stock, par value $0.01 per share, of the Company (the “Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(c).