Common STOCK WarrantInvent Ventures • March 25th, 2013 • INVENT Ventures, Inc. • Computer communications equipment • Delaware
As partial consideration for the Consulting Agreement between the parties (the “Consulting Agreement”), this certifies that _____________________________ (the “Holder”), its designees or permitted assigns, subject to the terms and conditions set forth herein, at any time after the Commencement Date and prior to the Expiration Date (as such terms are defined below), is entitled to purchase from INVENT Ventures, Inc., a Nevada corporation (the “Company”), 1,000,000 fully-paid and non-assessable shares (subject to adjustment as provided herein) (the “Warrant Shares”) of the Company’s Common Stock (the “Common Stock”), upon surrender to the Company at its principal office (or at such other location as the Company may advise the Holder in writing) of this Warrant properly endorsed with the Form of Subscription attached hereto duly completed and signed and upon payment of the aggregate Exercise Price (as defined below) for the number of Warrant Shares for which this Warrant is being exercise
ContractINVENT Ventures, Inc. • March 25th, 2013 • Computer communications equipment
FOR VALUE RECEIVED, the undersigned, INVENT Ventures, Inc., a Nevada corporation (the “Payor”), hereby promises to pay to the order of ___________(the “Payee”), $__________, payable on the earlier of (a) the first anniversary of the date hereof, or (b) receipt of no less than $2,000,000 in funding from any private placement of equity securities (“Qualified Equity Financing”), together with any accrued and unpaid interest thereon. Such payment (including any prepayment) shall be applied, first, to accrued and unpaid interest and, then, to unpaid principal. Additionally, the Payor promises to pay interest upon the unpaid principal amount hereof at a rate of 7% per annum. If after six months from the date hereof no Qualified Equity Financing has occurred, then the Payor promises to pay interest upon the unpaid principal amount hereof at a rate of 12% per annum. Payor promises to pay such interest in immediately available funds on the first business day of each calendar month until the ent
WARRANT TO PURCHASE SHARESINVENT Ventures, Inc. • March 25th, 2013 • Computer communications equipment • California
THIS CERTIFIES THAT, for value received, __________________________________, or its registered assigns (the “Holder”), is entitled, subject to the terms and conditions set forth herein, to purchase from INVENT Ventures, Inc., a Nevada corporation (the “Company”), Shares (as defined below), in the amounts, at such times and at the price per share set forth herein. The term “Warrant” as used herein shall include this Warrant and any warrants delivered in substitution or exchange therefor as provided herein.
