WARRANTWarrant Agreement • March 29th, 2017 • Magal Security Systems LTD • Communications equipment, nec
THIS CERTIFIES that, for value received, S.G.S Trusts Ltd. (the “Holder”) is entitled, upon the terms and subject to the conditions set forth in this Warrant, to subscribe for and purchase from the Company, up to _____ Ordinary Shares of the Company, nominal value NIS 1.00 each (the “Warrant Shares”) at a purchase price as detailed in Section 2 hereof (the “Exercise Price”). The Exercise Price and the number of Warrant Shares for which the Warrant is exercisable shall be subject to adjustment as provided herein.
