PURE BIOSCIENCE, INC. WARRANT TO PURCHASE 200,000 SHARES OF COMMON STOCK February 3, 2012Pure Bioscience, Inc. • March 16th, 2012 • Miscellaneous chemical products • New York
This warrant (the “Warrant”) certifies that, for value received, Wharton Capital Markets LLC (“Holder”) is entitled, at any time on or after the Initial Exercise Date (as defined below) and on or prior to the close of business on December 14, 2016, but not thereafter, to subscribe for and purchase up to 200,000 shares of the fully paid and nonassessable Common Stock (as defined below) (as adjusted pursuant to Section 2 hereof, the “Shares”) of Pure Bioscience, Inc., a Delaware corporation (the “Company”), at the price equal to 110% of the closing price of the Common Stock on the date first written above (such price and such other price as shall result, from time to time, from the adjustments specified in Section 2 hereof is herein referred to as the “Warrant Price”), subject to the provisions and upon the terms and conditions hereinafter set forth. As used herein, the term “Common Stock” shall mean the Company’s Common Stock, $0.01 par value, or any stock into or for which such Common
