COMMON STOCK PURCHASE WARRANT PATIENT SAFETY TECHNOLOGIESPatient Safety Technologies, Inc • November 7th, 2011 • Orthopedic, prosthetic & surgical appliances & supplies
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, William Horne (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 the five year anniversary of the Initial Exercise Date (the “Termination Date” which is May 19, 2013) but not thereafter, to subscribe for and purchase from Patient Safety Technologies, Inc., a Delaware corporation (the “Company”), up to 44,352 shares (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).
WARRANT EXCHANGE AGREEMENTWarrant Exchange Agreement • November 7th, 2011 • Patient Safety Technologies, Inc • Orthopedic, prosthetic & surgical appliances & supplies • California
This WARRANT EXCHANGE AGREEMENT, dated as of October 14, 2011 (this “Agreement”) is entered into by and among Patient Safety Technologies, Inc., a Delaware corporation (“Company”), and the other persons whose names appear on the signature pages attached hereto (each an “Investor”, and collectively, the “Investors”).
