SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • October 9th, 2009 • Reeds Inc • Bottled & canned soft drinks & carbonated waters • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of October ___, 2009, between Reed’s Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
COMMON STOCK PURCHASE WARRANT REED’S INC.Common Stock Purchase Warrant • October 9th, 2009 • Reeds Inc • Bottled & canned soft drinks & carbonated waters
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 _____________ (the “Termination Date”) but not thereafter, to subscribe for and purchase from Reed’s Inc., a Delaware corporation (the “Company”), up to ______ shares (the “Warrant Shares”) of Common Stock [provided that the right to exercise hereunder shall vest only upon the exercise by the Holder of its Series B Common Stock Purchase Warrant and then only to the extent that for each warrant share exercised thereunder, 0.4 Warrant Shares shall be exercisable hereunder and if the Series B Common Stock Purchase Warrant terminates without being exercised, this Warrant shall terminate.]1 The purchase price of one share of Common Stock under this Warr
