COMMON STOCK PURCHASE WARRANT To Purchase _______ Shares of Common Stock of LIVE CURRENT MEDIA INC. (“20% PREMIUM WARRANT”)Security Agreement • November 20th, 2008 • Live Current Media, Inc. • Services-business services, nec • Nevada
THIS 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 _________________ (the “Initial Exercise Date”) and on or prior to the close of business on the second anniversary of the issuance date of this Warrant (the “Termination Date”) but not thereafter, to subscribe for and purchase from Live Current Media Inc., a corporation incorporated in the State of Nevada (the “Company”), up to __________ shares (the “Warrant Shares”) of Common Stock, par value $0.001 per share, of the Company (the “Common Stock”). The purchase price of one share of Common Stock (the “Exercise Price”) under this Warrant shall be $0.78 subject to adjustment hereunder. The Exercise Price and the number of common shares for which the Warrant is exercisable (the “Warrant Shares”) shall be subject to adjustment as
UNIT SUBSCRIPTION AGREEMENTSubscription Agreement • November 20th, 2008 • Live Current Media, Inc. • Services-business services, nec • Nevada
The undersigned (hereinafter “Subscriber”) hereby confirms its subscription for the purchase of Units consisting of (i) one share of Common Stock, par value $0.001 per share (“Common Stock”), of LIVE CURRENT MEDIA INC., a Nevada corporation (the “Company”), (ii) a two-year warrant to purchase one-half share of Common Stock of the Company at an exercise price of $0.78, which is equal to a 20% premium to the Issue Price (as defined herein) in the form attached hereto as Exhibit A (the “20% Premium Warrant”), and (iii) a three-year warrant to purchase one-half share of the Common Stock of the Company at an exercise price of $0.91, which is equal to a 40% premium to the Issue Price in the form attached hereto as Exhibit B (the “40% Premium Warrant” and together with the 20% Premium Warrant, the “Warrants”) on the terms described below.
