SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • January 26th, 2021 • AYRO, Inc. • Communications services, nec • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of January 25, 2021, between AYRO, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
COMMON STOCK PURCHASE WARRANT AYRO, INC.Common Stock Purchase Warrant • January 26th, 2021 • AYRO, Inc. • Communications services, nec
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 ______________1 (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on ______________2 (the “Termination Date”) but not thereafter, to subscribe for and purchase from AYRO, 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).
PLACEMENT AGENT COMMON STOCK PURCHASE WARRANT AYRO, INC.Placement Agent Agreement • January 26th, 2021 • AYRO, Inc. • Communications services, nec • New York
THIS PLACEMETN AGENT COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Palladium Holdings, LLC 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 July 26, 2021 (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on July 26, 2023 (the “Termination Date”) but not thereafter, to subscribe for and purchase from AYRO, Inc., a Delaware corporation (the “Company”), up to 233,334 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).
