GENERATION INCOME PROPERTIES, INC. and VSTOCK TRANSFER, LLC, as Warrant Agent Warrant Agency Agreement Dated as of September 2, 2021Warrant Agency Agreement • September 9th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts • New York
WARRANT AGENCY AGREEMENT, dated as of September 2, 2021 (“Agreement”), between Generation Income Properties, Inc., a Maryland corporation (the “Company”), and VStock Transfer, LLC, a limited liability company organized under the laws of California (the “Warrant Agent”).
Representative’s Warrant AgreementRepresentative’s Warrant Agreement • September 9th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts
THIS WARRANT TO PURCHASE COMMON STOCK (the “Warrant”) certifies that, for value received, Maxim Partners LLC, or its assigns (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 March 1, 2022 (the “Initial Exercise Date”) and, in accordance with FINRA Rule 5110(g)(8)(A), prior to at 5:00 p.m. (New York time) on the date that is five (5) years following the Effective Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from GENERATION INCOME PROPERTIES, INC., a Maryland corporation (the “Company”), up to 135,000 shares of common stock, par value $0.01 per share (“Common Stock”), of the Company, as subject to adjustment hereunder (the “Warrant Shares”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
1,500,000 UNITS EACH UNIT CONSISTING OF ONE SHARE OF COMMON STOCK AND ONE WARRANT TO PURCHASE ONE SHARE OF COMMON STOCK GENERATION INCOME PROPERTIES, INC. UNDERWRITING AGREEMENTUnderwriting Agreement • September 9th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts • New York
Generation Income Properties, Inc., a Maryland corporation (the “Company”), proposes, subject to the terms and conditions contained herein (this “Agreement”), to sell to you and the other underwriters named on Schedule 1(a) to this Agreement (the “Underwriters”), for whom Maxim Group LLC (“Maxim”) is acting as Representative (the “Representative,” “you” or similar terminology), an aggregate of 1,500,000 units (the “Firm Units”), with each Unit consisting of one share of the Company’s common stock, par value $0.01 per share (the “Common Stock”), and one warrant to purchase one share of Common Stock, in the form attached hereto as Exhibit C (“Warrant”). The respective amounts of the Units to be purchased by each of the several Underwriters are set forth opposite their names on Schedule 1(a) hereto. In addition, the Company proposes to grant to the Underwriters an option to purchase up to an additional 225,000 Units (the “Option Units,” together with the Firm Units, the “Units”) from the
COMMON STOCK PURCHASE WARRANT GENERATION INCOME PROPERTIES, INC.Common Stock Purchase Warrant • September 9th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _______________________ or its assigns (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 Detachment Date (defined below) and on or prior to 5:00 p.m. (New York City time) on September 8, 2026 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Generation Income Properties, Inc., a Maryland corporation (the “Company”), up to [___] shares (as subject to adjustment hereunder, the “Warrant Shares”) of 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(b). This Warrant shall initially be issued and maintained in the form of a security held in book-entry form and the Depository Trust Company or its nominee (“DTC”) shall initially be the sole registered holder of this Warrant, subject
