WARRANT TO PURCHASE STOCK OF CATALYTIC SOLUTIONS, INC.Warrant Agreement • November 30th, 2010 • Clean Diesel Technologies Inc • Industrial inorganic chemicals • California
This Warrant certifies that, as a material inducement for Cycad Group, LLC, the original Holder (as defined below) to enter into that certain Loan and Security Agreement (the “Loan Agreement”), dated June 25, 2008, by and between Holder and Catalytic Solutions, Inc., a Delaware corporation (the “Company”), the Holder is entitled, subject to the terms and conditions of this Warrant, to purchase from the Company at any time prior to 5:00 p.m. Pacific time on or before June 30, 2014 (the “Expiration Date”) 1,250,000 shares of Warrant Stock (as defined below) at a price per share equal to the Exercise Price (as defined below), upon surrender of this Warrant at the principal offices of the Company, together with a duly executed subscription form substantially in the form attached hereto as Exhibit 1 and, if applicable, payment of the full Exercise Price for the shares of Warrant Stock so purchased in lawful money of the United States. The Exercise Price and the number and character of share
