FORM OF WARRANT] Taronis Technologies, Inc. Warrant To Purchase Common StockTaronis Technologies, Inc. • November 15th, 2019 • Special industry machinery, nec • New York
Taronis Technologies, Inc., a Delaware corporation (the “Company”), hereby certifies that, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, [BUYER], the registered holder hereof or its permitted assigns (the “Holder”), is entitled, subject to the terms set forth below, to purchase from the Company, at the Exercise Price (as defined below) then in effect, at any time or times on or after the six (6) month anniversary of the Issuance Date (the “Initial Exercisability Date”), but not after 11:59 p.m., New York time, on the Expiration Date, (as defined below), ______________ (_____________)1 fully paid nonassessable shares of Common Stock, subject to adjustment as provided herein (the “Warrant Shares”). Except as otherwise defined herein, capitalized terms in this Warrant to Purchase Common Stock (including any Warrants to Purchase Common Stock issued in exchange, transfer or replacement hereof, this “Warrant”), shall have the meanings set
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 15th, 2019 • Taronis Technologies, Inc. • Special industry machinery, nec • New York
SECURITIES PURCHASE AGREEMENT (this “Agreement”), dated as of November 13, 2019, by and among Taronis Technologies, Inc., a Delaware corporation (the “Company”), and the investors listed on the Schedule of Buyers attached hereto (individually, a “Buyer” and collectively, the “Buyers”).
PERSONAL AND CONFIDENTIAL Taronis Technologies, Inc. Phoenix, AZ 85013 Dear Scott:Personal and Confidential • November 15th, 2019 • Taronis Technologies, Inc. • Special industry machinery, nec • New York
This letter will confirm the understanding and agreement (the “Agreement”) between Bradley Woods & Co. Ltd. (“Broker”) and Taronis Technologies, Inc. (the “Company”) as follows:
