SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • February 28th, 2020 • Lianluo Smart LTD • Surgical & medical instruments & apparatus • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of February 27, 2020, between Lianluo Smart Limited, a British Virgin Islands company (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
Mr. Ping Chen Chief Executive Officer Lianluo Smart LimitedPlacement Agent Agreement • February 28th, 2020 • Lianluo Smart LTD • Surgical & medical instruments & apparatus • New York
This letter (the “Agreement”) constitutes the agreement between Maxim Group LLC (“Maxim” or the “Placement Agent”) and Lianluo Smart Limited, a company incorporated under the laws of the British Virgin Islands (the “Company”), pursuant to which the Placement Agent shall serve as the placement agent for the Company, on a “reasonable best efforts” basis, in connection with the proposed placement (the “Placement”) of Class A Common Shares of the Company, par value $0.002731 per share (“Shares”), and warrants (“Warrants”) to purchase Shares of the Company (the “Warrant Shares” and collectively with the Shares and the Warrants, the “Securities”). The terms of the Placement and the Securities shall be mutually agreed upon by the Company and the purchasers (each, a “Purchaser” and collectively, the “Purchasers”) and nothing herein constitutes that the Placement Agent would have the power or authority to bind the Company or any Purchaser or an obligation for the Company to issue any Securities
LOCK-UP AGREEMENTLock-Up Agreement • February 28th, 2020 • Lianluo Smart LTD • Surgical & medical instruments & apparatus • New York
CLASS A COMMON SHARE PURCHASE WARRANT LIANLUO SMART LIMITEDSecurity Agreement • February 28th, 2020 • Lianluo Smart LTD • Surgical & medical instruments & apparatus
THIS CLASS A COMMON 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 March 2, 2020 and on or prior to 5:00 p.m. (New York City time) on September 2, 2025 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Lianluo Smart Limited, a British Virgin Islands company (the “Company”), up to ______ Class A Common Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Class A Common Share (“Common Share”) under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
