SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 7th, 2019 • Top Ships Inc. • Deep sea foreign transportation of freight • New York
This Securities Purchase Agreement (this "Agreement") is dated as of November 6, 2019, between Top Ships Inc., a corporation organized under the laws of the Republic of the Marshall Islands (the "Company"), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a "Purchaser" and collectively the "Purchasers").
FORM OF CLASS A COMMON STOCK PURCHASE WARRANT TOP SHIPS INC.Top Ships Inc. • November 7th, 2019 • Deep sea foreign transportation of freight • New York
THIS CLASS A 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 date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on July 7, 2020 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Top Ships Inc., a Marshall Islands corporation (the “Company”), up to _______________ Common Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Common Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
PLACEMENT AGENCY AGREEMENTPlacement Agency Agreement • November 7th, 2019 • Top Ships Inc. • Deep sea foreign transportation of freight • New York
FORM OF CLASS B COMMON STOCK PURCHASE WARRANT TOP SHIPS INC.Top Ships Inc. • November 7th, 2019 • Deep sea foreign transportation of freight • New York
THIS CLASS B 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 date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on May 7, 2021 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Top Ships Inc., a Marshall Islands corporation (the “Company”), up to _______________ Common Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Common Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
