SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 20th, 2023 • U Power LTD • Motor vehicle parts & accessories • New York
This Securities Purchase Agreement (this “Agreement”), dated as of [●], 2023, is by between U Power Limited, a company organized under the laws of the Cayman Islands (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
PLACEMENT AGENCY AGREEMENTPlacement Agency Agreement • November 20th, 2023 • U Power LTD • Motor vehicle parts & accessories • New York
SERIES A WARRANTU Power LTD • November 20th, 2023 • Motor vehicle parts & accessories
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 [___], and on or prior to 5:00 p.m. (New York City time) on [__], (the “Termination Date”) but not thereafter, to subscribe for and purchase from U Power Limited, an exempted company organized under the laws of the Cayman Islands (the “Company”, up to [______] Ordinary Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one ordinary, no par value per share of the Company (“Ordinary Shares”) under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
Form of Lock-Up AgreementU Power LTD • November 20th, 2023 • Motor vehicle parts & accessories
SERIES B WARRANTU Power LTD • November 20th, 2023 • Motor vehicle parts & accessories
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 [___], and on or prior to 5:00 p.m. (New York City time) on [__] (the “Termination Date”) but not thereafter, to subscribe for and purchase from U Power Limited, an exempted company organized under the laws of the Cayman Islands (the “Company”), up to [______] Ordinary Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one ordinary, no par value per share of the Company (“Ordinary Shares”) under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
