COMMON STOCK PURCHASE WARRANT AIR INDUSTRIES GROUPCommon Stock Purchase Warrant • October 4th, 2018 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received RBI Private Investment III, LLC or 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 September 30, 2023 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Air Industries Group, a Nevada corporation (the “Company”), up to two hundred eighty thousand (280,000) shares (the “Warrant Shares),” of the Company’s common stock (“Common Stock”), as subject to adjustment hereunder,. The exercise price per share of the Common Stock under this Warrant shall be One Dollar and Forty Cents ($1.40), subject to adjustment hereunder (the “Exercise Price”).
ContractSubordinated Convertible Note • October 4th, 2018 • 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 • October 4th, 2018 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
This Subscription Agreement (this “Agreement”) is dated as of the date set forth on the signature page hereto between Air Industries Group, a Nevada corporation (the “Company”), and the party identified on the signature page hereto as the “Purchaser.”
PLACEMENT AGENCY AGREEMENT September 28, 2018Placement Agency Agreement • October 4th, 2018 • Air Industries Group • Aircraft parts & auxiliary equipment, nec • New York
