WARRANT TO PURCHASE SHARES OF COMMON STOCKWarrant Agreement • December 23rd, 2013 • Arrhythmia Research Technology Inc /De/ • Electromedical & electrotherapeutic apparatus • Delaware
THIS CERTIFIES THAT, for value received, _________________, or its registered assigns (the “Holder”), is entitled, subject to the provisions and upon the terms and conditions set forth herein, to purchase from Arrhythmia Research Technology, Inc., a Delaware corporation (the “Company”), Shares (as defined below), in the amounts, at such times and at the price per share set forth in Section 1. The term “Warrant” as used herein shall include this Warrant and any warrants delivered in substitution or exchange therefor as provided herein. All capitalized terms used but not defined in this Warrant shall have the meanings assigned to them in the Company’s Subscription Agreement relating to the offering of an aggregate of $500,000 in subordinated notes and warrants to purchase an aggregate of 100,000 shares of the Company’s common stock (the “Offering”).
ContractSubordinated Promissory Note • December 23rd, 2013 • Arrhythmia Research Technology Inc /De/ • Electromedical & electrotherapeutic apparatus • Delaware
THIS INSTRUMENT AND THE OBLIGATIONS AND RIGHTS OF THE PARTIES HERETO ARE SUBJECT TO AND LIMITED BY THE TERMS OF A SUBORDINATION AGREEMENT FOR THE BENEFIT OF UNIBANK FOR SAVINGS, ITS SUCCESSORS AND ASSIGNS.
SUBORDINATION AGREEMENT RECITALS:Subordination Agreement • December 23rd, 2013 • Arrhythmia Research Technology Inc /De/ • Electromedical & electrotherapeutic apparatus • Massachusetts
