THIS WARRANT IS SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN THIS COMMON STOCK PURCHASE WARRANT. SYNTROLEUM CORPORATION COMMON STOCK PURCHASE WARRANTCommon Stock Purchase Warrant • December 30th, 2009 • Syntroleum Corp • Crude petroleum & natural gas • Delaware
This Warrant (the “Warrant”) entitles Fletcher International, Ltd., a company domiciled in Bermuda (including any successors or assigns, the “Holder”), for value received, to purchase from SYNTROLEUM CORPORATION, a Delaware corporation (the “Company”), during the Warrant Term (as defined below) and subject to the terms and conditions set forth herein, all or any portion of the Warrant Shares (as defined below) at the Exercise Price (as defined below). This Warrant is issued subject to the following terms and conditions:
