TETRAGENEX PHARMACEUTICALS, INC. Warrant for the Purchase of Shares of Common StockWarrant Agreement • August 13th, 2009 • Tetragenex Pharmaceuticals, Inc. • Pharmaceutical preparations
For value received, this warrant (the “Warrant”) is hereby issued by Tetragenex Pharmaceuticals, Inc., a Delaware corporation (the “Company”), to [ _ ] (the “Holder”). Subject to the provisions of this Warrant, the Company hereby grants to the Holder the right to purchase [ _ ] (___) fully paid and non-assessable shares of the Company’s Common Stock, at the lower of (i) $0.40, or (ii) the price at which any warrants are exercisable in the Company’s next equity financing which results in proceeds to the Company equal to or greater than $100,000 (the “Exercise Price”).
