FORM OF COMMON STOCK PURCHASE WARRANT INTRUSION INC.Intrusion Inc • November 9th, 2023 • Computer communications equipment • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Wellington Shields & Co. 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 May 8, 2024 (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on November 8, 2028 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Intrusion, Inc., a Delaware corporation (the “Company”), up to [•] shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company’s 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).
FORM OF COMMON STOCK PURCHASE WARRANT INTRUSION INC.Intrusion Inc • November 9th, 2023 • Computer communications equipment • New York
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 date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on November 8, 2028 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Intrusion, Inc., a Delaware corporation (the “Company”), up to [•] shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company’s 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).
FORM OF SECURITIES PURCHASE AGREEMENTForm of Securities Purchase Agreement • November 9th, 2023 • Intrusion Inc • Computer communications equipment • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of November 8, 2023 and is between Intrusion, 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”).
ContractIntrusion Inc • November 9th, 2023 • Computer communications equipment • New York
This letter (the “Agreement”) constitutes the agreement between Wellington Shields & Co. LLC (the “Placement Agent”) and Intrusion Inc., a Delaware corporation (the “Company”), that the Placement Agent shall serve as the exclusive placement agent for the Company, on a “best efforts” basis, in connection with the proposed private placement (the “Placement”) of the Company’s shares of Common Stock (the “Common Stock”) and warrants to purchase shares of Common Stock (the “Warrants,” and together with the Common Stock, the “Securities”). The Securities actually placed by the Placement Agent are referred to herein as the “Placement Agent Securities.” The terms of the Placement shall be mutually agreed upon by the Company and the purchasers (each, a “Purchaser” and collectively, the “Purchasers”), and nothing herein grants the Placement Agent the power or authority to bind the Company or any Purchaser, or constitutes an obligation that the Company will issue any Securities or complete the Pl
FORM OF LOCK-UP AGREEMENTLock-Up Agreement • November 9th, 2023 • Intrusion Inc • Computer communications equipment
