FORM OF SERIES 1 COMMON STOCK PURCHASE WARRANT CHANTICLEER HOLDINGS, INC.Common Stock Purchase Warrant • November 18th, 2016 • Chanticleer Holdings, Inc. • Retail-eating places • Delaware
THIS COMMON STOCK 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 ______, 2016 (the “Initial Exercise Date”) and on or prior to the close of business on the seventh year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Chanticleer Holdings, Inc., a Delaware corporation (the “Company”), up to ______ shares of the Company’s Common Stock, subject to adjustment hereunder, the “Warrant Shares”). This Warrant was issued as part of a unit, each unit consisting of one Warrant and one share of the Company’s 9% Redeemable Series 1 Preferred Stock (“Series 1 Preferred”). The purchase price of ten (10) shares of Common Stock under this Warrant shall be equal to the surrender of one share of Series 1 Preferred, the (“Exercise Pri
FORM OF LETTER CHANTICLEER HOLDINGS, INC. Subscription Rights to Purchase Units Offered Pursuant to Subscription Rights Distributed to Subscription Rights Holders of Chanticleer Holdings, Inc.Subscription Rights Agreement • November 18th, 2016 • Chanticleer Holdings, Inc. • Retail-eating places
