Common Stock Purchase WarrantCommon Stock Purchase Warrant • March 7th, 2017 • Van Steenwyk Matthew • Engines & turbines
American Power Group Corporation, a Delaware corporation with a principal place of business of 7 Kimball Lane Building A, Lynnfield, Massachusetts 01940 (the “Company”), hereby certifies that, subject to the terms and conditions set forth herein, Arrow, LLC or its permitted assigns (the “Holder”), is entitled to purchase up to 1,025,791 shares (the “Warrant Shares”) of the Company’s Common Stock, $.01 par value per share (“Common Stock”), at an exercise price of $.10 per Warrant Share (the “Exercise Price”), at any time or from time to time after the date hereof and prior to 5:00 p.m. (Boston, Massachusetts time), on January 27, 2027 (the “Expiration Date”). This Warrant is one of a series of warrants (together, the “Warrants”) issued pursuant to that certain Forbearance, Waiver and Amendment Agreement dated as of January 27, 2017 among the Company and the original holders of the Warrants (the “Forbearance Agreement”).
