COMMON STOCK PURCHASE WARRANT REEDS, I NC.Common Stock Purchase Warrant • July 14th, 2017 • Reed's, Inc. • Bottled & canned soft drinks & carbonated waters
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 [ ] (the “Initial Exercise Date”) and on or prior to the close of business on the [ ] of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Reeds, Inc., a Delaware corporation (the “Company”), up to [ ] shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b). This Warrant is issued pursuant to that certain Exercise Agreement by and between the Holder and the Company dated July 13, 2017 (“Exercise Agreement”).
COMMON STOCK PURCHASE WARRANT REEDS, INC.Common Stock Purchase Warrant • July 14th, 2017 • Reed's, Inc. • Bottled & canned soft drinks & carbonated waters • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Raptor/Harbor Reeds SPV LLC, a Delaware limited liability company 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 [ ] of the Initial Issuance Date (the “Initial Exercise Date”) and on or prior to the close of business on the fifth year anniversary of the Initial Issuance Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Reeds, Inc., a Delaware corporation (the “Company”), up to [ ] shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b). This Warrant is issued pursuant to that certain Warrant Exercise Agreement by and between the Holder and the Company dated July 13, 2017.
WARRANT EXERCISE AGREEMENTWarrant Exercise Agreement • July 14th, 2017 • Reed's, Inc. • Bottled & canned soft drinks & carbonated waters
THIS WARRANT EXERCISE AGREEMENT (this “Agreement”), dated as of July 13, 2017, is by and between Reed’s, Inc., a Delaware corporation (the “Company”) and Raptor/Harbor Reeds SPV LLC, a Delaware limited liability company (the “Holder”).
