LICENSE AGREEMENTLicense Agreement • March 31st, 2008 • Nephros Inc • Surgical & medical instruments & apparatus • New York
AGREEMENT made as of October 1, 2007 between THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK (“Licensor”), having an office c/o Director of Commercial Leasing, Audubon Biomedical Science and Technology Park, 3960 Broadway, New York, New York 10032 and Nephros, Inc. (“Licensee”), having an office at 3960 Broadway, New York, NY 10032.
NEPHROS, INC. Warrant for the Purchase of Shares of Common StockNephros Inc • March 31st, 2008 • Surgical & medical instruments & apparatus • New York
FOR VALUE RECEIVED, NEPHROS, INC., a Delaware corporation (the “Company”), hereby certifies that Marty Steinberg, Esq., as Court-appointed Receiver for Lancer Offshore, Inc., or his registered assigns (the “Holder”) is entitled to purchase from the Company, subject to the provisions of this Warrant (the “Warrant”), at any time on or after the date hereof (the “Initial Exercise Date”), and prior to 12:01 A.M., New York City time, on January 18, 2009 (the “Termination Date”), 21,308 fully paid and non-assessable shares of the Common Stock, $.001 par value, of the Company (“Common Stock”), at an exercise price of $1.50 per share of Common Stock for an aggregate exercise price of thirty-one thousand nine hundred sixty-two dollars ($31,962.00) (the aggregate purchase price payable for the Warrant Shares hereunder is hereinafter sometimes referred to as the “Aggregate Exercise Price”). The number of shares of Common Stock to be received upon exercise of this Warrant and the price to be paid
