9,259,259 Shares and Warrants to Purchase 2,314,819 Shares ALTAIR NANOTECHNOLOGIES INC. Common Shares (without nominal or par value) PLACEMENT AGENT AGREEMENTPlacement Agent Agreement • December 14th, 2006 • Altair Nanotechnologies Inc • Miscellaneous chemical products • New York
SUBSCRIPTION AGREEMENTSubscription Agreement • December 14th, 2006 • Altair Nanotechnologies Inc • Miscellaneous chemical products • New York
Warrant to Purchase up to 231,482 Common SharesAltair Nanotechnologies Inc • December 14th, 2006 • Miscellaneous chemical products • New York
This certifies that COWEN AND COMPANY, LLC (herein sometimes called the “Placement Agent”) or its permitted transferee (the Placement Agent or any such permitted transferee is sometimes herein called the “Holder”) is entitled to purchase from ALTAIR NANOTECHNOLOGIES INC., a corporation continued under the Canada Business Corporations Act (the “Company”), at the price and during the period as hereinafter specified, up to 231,482 shares (the “Shares”) without nominal or par value, of the Company (the “Common Shares”), at a purchase price of $3.375 per share, subject to adjustment as described below (as so adjusted from time to time, the “Exercise Price”), at any time during the five-(5) year period commencing from the date hereof (the “Closing Date”).
COMMON SHARE PURCHASE WARRANT To Purchase [__________] Common Shares of ALTAIR NANOTECHNOLOGIES INC.Common Share Purchase Warrant • December 14th, 2006 • Altair Nanotechnologies Inc • Miscellaneous chemical products • New York
This Common Share Purchase Warrant (this “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 the date hereof and on or prior to the close of business on the first anniversary of the Date of Issuance (the “Termination Date”) but not thereafter, to subscribe for and purchase from Altair Nanotechnologies Inc., a corporation continued under the Canada Business Corporations Act (the “Company”), up to [_____________] shares (the “Warrant Shares”) of the Company’s common shares, without nominal or par value (the “Common Shares”). The purchase price of one Common Share (the “Exercise Price”) under this Warrant shall be US$2.70. Capitalized terms used and not otherwise defined herein shall have the meanings set forth in that certain Subscription Agreement (the “Subscription Agreement”), dated as of December 13, 2006 between the Company
