COMMON STOCK PURCHASE WARRANT DARIOHEALTH CORP.Common Stock Purchase Warrant • March 23rd, 2020 • DarioHealth Corp. • Surgical & medical instruments & apparatus • Delaware
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, The Vitality Group, LLC or its assigns (the “Holder”) is entitled, subject to the vesting terms contained herein, upon the terms and the limitations on exercise and the conditions hereinafter set forth to subscribe for and purchase from DarioHealth Corp., a Delaware corporation (the “Company”), up to 500,000 shares (as subject to vesting and adjustment hereunder, the “Warrant Shares”) of the Company’s common stock (the “Common Stock”). The Warrant Shares shall be issued to the Holder pursuant to annual sales generated by The Vitality Group, LLC (“Vitality”) of the Company’s products as set forth in a Strategic Alliance Agreement between Vitality and the Company, as amended on March 17, 2020 (the “Amended Agreement”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 3(b).
