SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 22nd, 2017 • Check-Cap LTD • X-ray apparatus & tubes & related irradiation apparatus • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of November 20, 2017, between Check-Cap Ltd., a company organized under the laws of the State of Israel (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
ORDINARY SHARE PURCHASE WARRANT CHECK-CAP LTD.Security Agreement • November 22nd, 2017 • Check-Cap LTD • X-ray apparatus & tubes & related irradiation apparatus
THIS ORDINARY SHARE 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 [ISSUE DATE] (the “Initial Exercise Date”) and on or prior to the close of business on the five (5) year anniversary of the Initial Exercise Date (the “Termination Date”), provided that, if such date is not a Trading Day, the Termination Date should be the immediate following Trading Day but not thereafter, to subscribe for and purchase from Check-Cap Ltd., an Israeli company (the “Company”), up to ______ Ordinary Shares, NIS 0.20 par value (the “Ordinary Share(s)”) (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Ordinary Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
