FORM OF WARRANT] ISORAY, INC. Series D Warrant To Purchase Common StockIsoRay, Inc. • November 22nd, 2010 • Surgical & medical instruments & apparatus • New York
IsoRay, Inc., a Minnesota a corporation (the "Company"), hereby certifies that, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, [BUYER]., the registered holder hereof or its permitted assigns (the "Holder"), is entitled, subject to the terms set forth below, to purchase from the Company, at the Exercise Price (as defined below) then in effect, upon surrender of this Warrant to Purchase Common Stock (including any Warrants to Purchase Common Stock issued in exchange, transfer or replacement hereof, the "Warrant"), at any time or times on or after the six month anniversary of the date hereof (the “Initial Exercisability Date”), but not after 11:59 p.m., New York time, on the Expiration Date (as defined below), TWO MILLION EIGHT HUNDRED TWELVE THOUSAND FIVE HUNDRED (2,812,500) fully paid nonassessable shares of Common Stock (as defined below); PROVIDED THAT NOTWITHSTANDING ANY PROVISION OF THIS WARRANT TO THE CONTRARY, NO MORE THAN THE MA
FORM OF WARRANT] ISORAY, INC. Series [A][B][C] Warrant To Purchase Common StockIsoRay, Inc. • November 22nd, 2010 • Surgical & medical instruments & apparatus • New York
IsoRay, Inc., a Minnesota a corporation (the "Company"), hereby certifies that, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, [BUYER], the registered holder hereof or its permitted assigns (the "Holder"), is entitled, subject to the terms set forth below, to purchase from the Company, at the Exercise Price (as defined below) then in effect, upon surrender of this Warrant to Purchase Common Stock (including any Warrants to Purchase Common Stock issued in exchange, transfer or replacement hereof, the "Warrant"), at any time or times on or after the date hereof (the “Initial Exercisability Date”), but not after 11:59 p.m., New York time, on the Expiration Date (as defined below), ______________ (_____________)1 fully paid nonassessable shares of Common Stock (as defined below) (the "Warrant Shares"). Except as otherwise defined herein, capitalized terms in this Warrant shall have the meanings set forth in Section 17. This Warrant is one
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 22nd, 2010 • IsoRay, Inc. • Surgical & medical instruments & apparatus • New York
SECURITIES PURCHASE AGREEMENT (the "Agreement"), dated as of November 22, 2010, by and among IsoRay, Inc., a Minnesota corporation, with headquarters located at 350 Hills St., Suite 106, Richland, Washington 99354 (the "Company"), and the investors listed on the Schedule of Buyers attached hereto (individually, a "Buyer" and collectively, the "Buyers").
ISORAY, INC. Form of Lock-Up Agreement November 22, 2010IsoRay, Inc. • November 22nd, 2010 • Surgical & medical instruments & apparatus • New York
