LOAN AGREEMENTLoan Agreement • January 30th, 2007 • Signalife, Inc. • Electromedical & electrotherapeutic apparatus
This Loan Agreement (the “Agreement”), dated effective as of January 25, 2007 (the “Effective Date”), is entered into by and between SIGNALIFE, INC., a Delaware corporation, with its principal executive office located at 531 South Main Street, Suite 301, Greenville, South Carolina 29601 (“Borrower”), and S.E.S. Capital, LLC, a Delaware limited liability company (“Lender”), with reference to the following facts:
WARRANT TO PURCHASE COMMON STOCKLoan Agreement • January 30th, 2007 • Signalife, Inc. • Electromedical & electrotherapeutic apparatus • South Carolina
THIS WARRANT CERTIFIES THAT for value received, S.E.S. Capital, LLC, or his, her or its registered assigns (hereinafter called the “Holder”) is entitled to purchase from Signalife, Inc., a Delaware corporation (hereinafter called the “Company”), the above referenced number of fully paid and nonassessable shares (the “Shares”) of common stock, par value $0.001 (the “Common Stock”), of Company, at the Warrant Price per Share referenced above; the number of shares purchasable upon exercise of this Warrant referenced above being subject to adjustment from time to time as described herein. Loan Agreement dated as of January 22, 2007 (the “Loan Agreement”). The exercise of this Warrant shall be subject to the provisions, limitations and restrictions contained herein.
