0001088020-12-000004 Sample Contracts

WARRANT TO PURCHASE COMMON STOCK OF PALATIN TECHNOLOGIES, INC.
Warrant Agreement • February 14th, 2012 • Palatin Technologies Inc • Pharmaceutical preparations • New Jersey

THIS CERTIFIES THAT, for value received, Noble International Investments, Inc., having an address at 951 Yamato Road, Suite 210, Boca Raton, Florida 33431, or its permitted assigns (the “Holder”), is entitled to subscribe for and purchase from Palatin Technologies, Inc., a Delaware corporation, or any successor (the “Company”), in whole or in part, at the Warrant Purchase Price (as herein defined), at any time during the period commencing on the Initial Exercise Date (as herein defined) and ending at 5:00 p.m., Eastern time, on November 9, 2014 (the “Expiration Date”), ___________ (________) shares of the Common Stock (as herein defined), in accordance with the terms thereof (as such number may be adjusted as provided herein, the “Warrant Shares”), subject to the provisions and upon the terms and conditions hereinafter set forth in this Warrant and all Warrants issued in exchange, transfer or replacement thereof (“Warrant”).

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