PLACEMENT AGENCY AGREEMENT February 7, 2017Placement Agency Agreement • February 17th, 2017 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
COMMON STOCK PURCHASE WARRANTCommon Stock Purchase Warrant • February 17th, 2017 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Taglich Brothers. Inc. 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 prior to the close of business on January 31, 2022 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Air Industries Group, a Nevada corporation (the “Company”), up to Twenty Nine Thousand Eight Hundred Sixteen (29,816) shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company’s common stock (“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).
ContractConvertible Note • February 17th, 2017 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
NEITHER THIS NOTE NOR THE SECURITIES INTO WHICH THIS NOTE ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND ACCORDINGLY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED OR OTHERWISE BE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO AIR INDUSTRIES GROUP THAT SUCH REGISTRATION IS NOT REQUIRED.
SUBSCRIPTION AGREEMENTSubscription Agreement • February 17th, 2017 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
This Subscription Agreement (this “Agreement”) is dated as of February , 2017, between Air Industries Group, a Nevada corporation (the “Company”), and the person identified on the signature page hereto (“Purchaser”).
