SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • December 2nd, 2014 • AMERICAN POWER GROUP Corp • Engines & turbines • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of November 26, 2014, between American Power Group Corporation, a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, a “Purchaser” and collectively the “Purchasers”).
SERIES 2014 COMMON STOCK PURCHASE WARRANTSecurity Agreement • December 2nd, 2014 • AMERICAN POWER GROUP Corp • Engines & turbines
THIS SERIES 2014 COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ (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 May 28, 2015 (the “Initial Exercise Date”) and on or prior to the close of business on the five-year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from American Power Group Corporation, a Delaware corporation (the “Company”), up to 5,000,000 shares (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).
