SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 7th, 2008 • Derma Sciences, Inc. • Surgical & medical instruments & apparatus • New York
Company as it may designate by notice in writing to the Registered Holder at the address of the Registered Holder appearing on the books of the Company; and, within 3 trading days of the date of the purchase form is delivered to the Company, the Company shall have received payment, in full, of the Purchase Price in respect of the number of Warrant Shares thereby purchased upon such exercise by wire transfer or cashier’s check drawn on a United States bank in lawful money of the United States. A facsimile signature of the Registered Holder on the purchase form shall be sufficient for purposes of exercising this Warrant. Notwithstanding anything herein to the contrary, the Registered Holder shall not be required to physically surrender this Warrant to the Company until the Registered Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Registered Holder shall surrender this Warrant to the Company for cancellatio
