REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • December 23rd, 2004 • Large Scale Biology Corp • Pharmaceutical preparations
This Registration Rights Agreement (this “Agreement”) is made and entered into as of December 17, 2004, by and among Large Scale Biology Corporation, a Delaware corporation (the “Company”), and Kentucky Technology, Inc., a Kentucky corporation (“KTI” or “Purchaser”).
LOAN AGREEMENT (Revolving Credit)Loan Agreement • December 23rd, 2004 • Large Scale Biology Corp • Pharmaceutical preparations • Kentucky
THIS LOAN AGREEMENT (the “Agreement”) is made and entered into as of December 17, 2004, by and between [i] Large Scale Biology Corporation, a Delaware corporation (“LSBC”) and [ii] Large Scale Bioprocessing, Inc., formerly known as Biosource Merger Corporation, a Delaware corporation (“LSBI”), (each hereinafter referred to as “Borrower”), having a mailing address of 3700 Airpark Drive, Owensboro, Kentucky 43301 and [iii] Kentucky Technology, Inc., a Kentucky corporation (“Lender”) having a mailing address of 1501 Bull Lea Road, Lexington, Fayette County, Kentucky 40511.
COMMON STOCK PURCHASE WARRANTCommon Stock Purchase Warrant • December 23rd, 2004 • Large Scale Biology Corp • Pharmaceutical preparations
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) CERTIFIES that, for value received, Kentucky Technology, Inc. a Kentucky Corporation (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 the earlier of: (a) July 31, 2006 or (b) the forty-fifth (45th) calendar day following the Prepayment Date under the Loan Agreement (the “Initial Exercise Date”) and on or prior to December 17, 20111 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Large Scale Biology Corporation, a Delaware corporation (the “Company”), up to the Number of Shares (as defined below, and herein referred to as the “Warrant Shares”) of Common Stock, par value $0.001 per share, of the Company (the “Common Stock”). The purchase price of each share of Common Stock (the “Exercise Price”) under this Warrant shall be $1.42 2,subject to adjustment hereunder. The Exercise Price and the number of Warr
