WARRANT TO PURCHASE ORDINARY SHARES OF Rectitude holdings ltdWarrant Agreement • May 2nd, 2024 • Rectitude Holdings Ltd. • Cutlery, handtools & general hardware
THIS WARRANT TO PURCHASE ORDINARY SHARES (this “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 the date hereof (the “Initial Exercise Date”) and ending on 5:00 p.m. Eastern Standard Time on the five-year anniversary thereof (the “Termination Date”) but not thereafter, to subscribe for and purchase from Rectitude Holdings Ltd a Cayman Islands exempted company (the “Company”), up to ______ ordinary shares, par value $0.0001 per share (the “Shares”), of the Company (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Warrant Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
