PURCHASE AGREEMENTPurchase Agreement • May 4th, 2020 • Sphere 3D Corp • Services-computer processing & data preparation • New York
THIS PURCHASE AGREEMENT ("Agreement") is made as of the 30th day of April 2020 by and among Sphere 3D Corp., an Ontario corporation (the "Company"), and the Investors set forth on the signature pages affixed hereto (each an "Investor" and collectively the "Investors").
FORM OF COMMON STOCK PURCHASE WARRANT SPHERE 3D CORP.Common Stock Purchase Warrant • May 4th, 2020 • Sphere 3D Corp • Services-computer processing & data preparation
THIS COMMON STOCK PURCHASE WARRANT (the "Warrant") certifies that, for value received, __________ or its assigns (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 six month following the date hereof (the "Initial Exercise Date") and on or prior to 5:00 p.m. (New York City time) on October 30, 2025 (the "Termination Date") but not thereafter, to subscribe for and purchase from Sphere 3D Corp., an Ontario, Canada corporation (the "Company"), up to 847,000 shares (as subject to adjustment hereunder, the "Warrant Shares") of the Company's common stock (the "Common Stock"). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
