AXION INTERNATIONAL HOLDINGS, INC. WARRANT No. XX TO PURCHASE SHARES OF COMMON STOCK, NO PAR VALUEWarrant Agreement • March 6th, 2012 • Axion International Holdings, Inc. • Plastics foam products • New York
This is to certify that, for VALUE RECEIVED, _______________ (“Warrantholder”), is entitled to purchase, subject to the provisions of this Warrant, from Axion International Holdings, Inc., a Colorado corporation, having its principal place of business at 180 South Street, Suite 104, New Providence, NJ 07974 (the “Company”), at any time and from time to time commencing from ______________ (“Exercise Date”), but not later than 5:00 P.M., New York time, on the _____ anniversary of the Exercise Date (“Expiration Date”), a total of ____________________ (_______) shares (“Warrant Shares”) of Common Stock, no par value (“Common Stock”) of the Company, at an initial exercise price per share of $_______. The exercise price in effect from time to time is hereafter called the “Warrant Price”. The number of Warrant Shares purchasable upon exercise of this Warrant and the Warrant Price shall be subject to adjustment from time to time as described herein.
