SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • March 15th, 2017 • Dragonwave Inc • Radiotelephone communications • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of March 14, 2017, between Dragonwave Inc., a corporation existing under the federal laws of Canada (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
COMMON SHARE PURCHASE WARRANT DRAGONWAVE INC.Dragonwave Inc • March 15th, 2017 • Radiotelephone communications
THIS COMMON SHARE 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 September 18, 2017 (the “Initial Exercise Date”) and on or prior to the close of business on the five (5) year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Dragonwave Inc., a corporation incorporated under the Canada Business Corporations Act (the “Company”), up to common shares of the Corporation (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one common share of the Company (a “Common Share”) shall be equal to the Exercise Price, as defined in Section 2(b).
