SERIES B COMMON STOCK PURCHASE WARRANT INTUITIVE MACHINES, INC.Intuitive Machines, Inc. • January 30th, 2024 • Search, detection, navagation, guidance, aeronautical sys • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Ghaffarian Enterprises, 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 the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on July 29, 2025 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Intuitive Machines, Inc., a Delaware corporation (the “Company”), up to an aggregate of 4,150,780 shares (as subject to adjustment hereunder, the “Warrant Shares”) of, at the election of the Holder, the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”), the Company’s Class C common stock, par value $0.0001 per share (“Class C Common Stock” and, together with Class A Common Stock, “Common Stock”) or a combination thereof. The purchase price of one share of Common Stock under this Warra
SERIES A COMMON UNIT PURCHASE WARRANT INTUITIVE MACHINES, LLCIntuitive Machines, Inc. • January 30th, 2024 • Search, detection, navagation, guidance, aeronautical sys • New York
THIS COMMON UNIT PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Ghaffarian Enterprises, 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 the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on January 29, 2029 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Intuitive Machines, LLC, a Delaware limited liability company (the “Company”), up to 4,150,780 of the Company’s common units (the “Common Units” and the Common Units purchased pursuant to this Warrant, as subject to adjustment hereunder, the “Warrant Units”). The purchase price of one Common Unit under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
LETTER AGREEMENTLetter Agreement • January 30th, 2024 • Intuitive Machines, Inc. • Search, detection, navagation, guidance, aeronautical sys
THIS LETTER AGREEMENT, dated as of January 28, 2024 (this “Letter Agreement”), is entered into by and between Intuitive Machines, Inc., a Delaware corporation (the “Company”), Intuitive Machines, LLC, a Delaware limited liability company and a subsidiary of the Company (“Intuitive Machines OpCo”), and Ghaffarian Enterprises, LLC (the “Guarantor”).
