AMERICAN DEPOSITARY SHARE PURCHASE WARRANT YOSHITSU CO., LTDAmerican Depositary Share Agreement • January 30th, 2024 • Yoshitsu Co., LTD • Retail-retail stores, nec • New York
THIS AMERICAN DEPOSITARY SHARE 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 July 30, 2029 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Yoshitsu Co., Ltd, a Japanese company (the “Company”), up to [●] American Depositary Shares (as hereinafter defined) (as subject to adjustment hereunder, the “Warrant Shares”). Such Warrant Shares shall be in the form of Uncertificated Warrant Shares as defined hereunder. The purchase price of one American Depositary Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
