FORM OF WARRANT TO PURCHASE COMMON STOCK]Ricks Cabaret International Inc • August 11th, 2009 • Retail-eating & drinking places • Texas
This Warrant is issued in connection with the transactions described in that certain Subscription Agreement between the Company and the Registered Holder dated as of August 5, 2009 (the “Subscription Agreement”). The Registered Holder of this Warrant is subject to certain restrictions set forth in the Subscription Agreement and shall be entitled to certain rights and privileges set forth in the Subscription Agreement.
FORM OF SUBSCRIPTION AGREEMENT] SUBSCRIPTION AGREEMENT RICK’S CABARET INTERNATIONAL, INC.Form of Subscription Agreement • August 11th, 2009 • Ricks Cabaret International Inc • Retail-eating & drinking places • Texas
The undersigned, _____________, ____________________________ (the "Subscriber"), understands that Rick’s Cabaret International, Inc., a Texas Corporation (the "Company") is offering for sale to the undersigned its 10% Convertible Debenture in the principal amount of $_________ (the “Debenture”), convertible into shares of common stock, par value $0.01, of the Company (the “Common Stock”) at a conversion price of $8.75 per share, as set forth in the Debenture, and a warrant to purchase ______ shares of Common Stock of the Company at an exercise price of $8.75 (the “Warrant”), as set forth in the Warrant. The Debenture and the Warrant are hereinafter collectively referred to as the “Unit.” The Subscriber acknowledges and understands that the offering of the Unit (the "Offering") is being made without registration of the Unit, the Debenture, the Common Stock into which the Debenture is convertible, the Warrant or the Common Stock for which the Warrant is exercisable, under the Securities
