Warrant to Purchase 9,249,472 Shares ITUS CORPORATION COMMON STOCK PURCHASE WARRANTWarrant Agreement • December 8th, 2014 • ITUS Corp • Patent owners & lessors • New York
This certifies that, for good and valuable consideration, ITUS Corporation, a Delaware corporation (including any successor thereto with respect to the obligations hereunder, by merger, consolidation or otherwise, the “Company”), grants to Adaptive Capital LLC or permitted assigns (the “Warrantholder”) the right to subscribe for and purchase, in whole or in part, from time to time from the Company Nine Million Two Hundred Forty Nine Thousand Four Hundred Seventy Two (9,249,472) duly authorized, validly issued, fully paid and nonassessable shares (the “Warrant Shares”) of the Company's Common Stock, par value $.01 per share (the “Common Stock”), at the purchase price per share of $0.31 (the “Exercise Price”) at any time prior to 5:00 p.m., New York time on the Expiration Date, all subject to the terms, conditions and adjustments herein set forth. The terms that are capitalized herein shall have the meanings specified in Section 11 hereof, unless the context shall otherwise require.
TERMINATION AGREEMENTTermination Agreement • December 8th, 2014 • ITUS Corp • Patent owners & lessors • England
Termination Agreement, dated as of August 29, 2014, by and between CopyTele, Inc., a Delaware corporation having an address at 900 Walt Whitman Road, Melville, New York 11747 (“CopyTele”), and Videocon Industries Limited, a company existing under the laws of India, having its principal place of business at 2nd Floor, Fort House, D.N. Road, Fort, Mumbai, 400 001 India (“Videocon”).
DEBT CONVERSION AGREEMENTDebt Conversion Agreement • December 8th, 2014 • ITUS Corp • Patent owners & lessors • New York
This Debt Conversion Agreement (this “Agreement”), dated as of September 9, 2014, by and between ITUS Corporation, a Delaware corporation (the “Company”), and Adaptive Capital LLC (“Adaptive”), a Delaware limited liability company.
EMPLOYMENT AGREEMENTEmployment Agreement • December 8th, 2014 • ITUS Corp • Patent owners & lessors • California
This Employment Agreement (“Agreement”) is hereby made and entered into as of the 8th day of July, 2014 (the “Effective Date”), by and between COPYTELE, INC., a Delaware corporation (the “Company”), and Tisha Stender (“Employee”).
