WARRANT TO PURCHASE SHARES OF COMMON STOCK OF TRANSPHORM, INC.Transphorm, Inc. • October 7th, 2021 • Semiconductors & related devices • New York
This Warrant is issued to Yaskawa Electric Corporation, or its registered assigns (including any successors or assigns, the “Warrantholder”), in connection with that certain Note Amendment and Conversion Agreement, dated as of October 4, 2021, by and among Transphorm, Inc., a Delaware corporation (the “Company”), Transphorm Technology, Inc., a Delaware corporation, and the Warrantholder (the “Note”).
TRANSPHORM, INC. NOTE AMENDMENT AND CONVERSION AGREEMENTNote Amendment and Conversion Agreement • October 7th, 2021 • Transphorm, Inc. • Semiconductors & related devices • Delaware
This NOTE AMENDMENT AND CONVERSION AGREEMENT (the “Agreement”) is made effective as of October 4, 2021 (the “Effective Date”), by and between Transphorm, Inc., a Delaware corporation (the “Company” or the “Parent”), Transphorm Technology, Inc., a Delaware corporation (the “Subsidiary”) and Yaskawa Electric Corporation (the “Holder”). Unless otherwise defined herein, capitalized terms shall have the meanings set forth in that certain Subordinated Convertible Promissory Note dated October 4, 2017 (as amended by that certain Waiver, Consent and Amendment Agreement dated March 16, 2018 and that certain Consent, Guaranty and Amendment Agreement dated February 10, 2020, the “Note”), in the principal amount of $15,000,000, issued to the Holder.
