SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 17th, 2017 • ONE Group Hospitality, Inc. • Retail-eating places • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of November 15, 2017, between The ONE Group Hospitality, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
COMMON STOCK PURCHASE WARRANT THE ONE GROUP HOSPITALITY, inc.ONE Group Hospitality, Inc. • November 17th, 2017 • Retail-eating places
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _______________________ or its assigns (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 May 15, 2018 (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”) but not thereafter, to subscribe for and purchase from The ONE Group Hospitality, Inc., a Nevada corporation (the “Company”), up to ____________ shares (as subject to adjustment hereunder, 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).
THE ONE GROUP HOSPITALITY, INC.ONE Group Hospitality, Inc. • November 17th, 2017 • Retail-eating places • New York
This letter will confirm our agreement in connection with the purchase by certain entities managed by Argyle Street Management Limited (“ASM”) of one million (1,000,000) shares of Common Stock and accompanying warrants of The One Group Hospitality, Inc. (the “Company”) under the Securities Purchase Agreement (the “Agreement”) dated as of November 15, 2017, by and among the Company and the purchasers named therein. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Agreement.
