SECURITIES PURCHASE AGREEMENT Dated as of March 4, 2015 by and among 4LICENSING CORPORATION and THE PURCHASERS SIGNATORY HERETOSecurities Purchase Agreement • March 10th, 2015 • 4Licensing Corp • Patent owners & lessors • New York
This Securities Purchase Agreement (this “Agreement”), is made as of March 4, 2015, by and among 4Licensing Corporation (the “Company”) and the purchasers signatory hereto (“Buyers”).
COMMON STOCK PURCHASE WARRANT 4LICENSING CORPORATION4Licensing Corp • March 10th, 2015 • Patent owners & lessors
THIS COMMON STOCK 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 the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on March 4, 2025 (the “Termination Date”) but not thereafter, to subscribe for and purchase from 4Licensing Corporation, a Delaware corporation (the “Company”), up to [____] shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
