SERIES B WARRANTU Power LTD • December 8th, 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 _____________, 2023 , and on or prior to 5:00 p.m. (New York City time) on _____________, 2028 (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).
PLACEMENT AGENCY AGREEMENTPlacement Agency Agreement • December 8th, 2023 • U Power LTD • Motor vehicle parts & accessories • New York
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • December 8th, 2023 • U Power LTD • Motor vehicle parts & accessories • New York
This Securities Purchase Agreement (this “Agreement”), dated as of December __, 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”).
ESCROW AGREEMENTEscrow Agreement • December 8th, 2023 • U Power LTD • Motor vehicle parts & accessories • New York
This Escrow Agreement dated this 4th day of December 2023 (the “Escrow Agreement”), is entered into by and among U Power Limited, a company organized under the laws of the Cayman Islands (the “Company”), Univest Securities, LLC, (the “Placement Agent”) and Ortoli Rosenstadt LLP, as escrow agent (“Escrow Agent”); each a “Party” and collectively, the “Parties”.
Form of Lock-Up AgreementU Power LTD • December 8th, 2023 • Motor vehicle parts & accessories
