MSD CLOSING SHARE AND WARRANT ISSUANCE AGREEMENTClosing Share and Warrant Issuance Agreement • December 1st, 2016 • Cadiz Inc • Water supply • New York
Contract Type FiledDecember 1st, 2016 Company Industry JurisdictionCadiz Inc., a Delaware corporation (the “Company”), agrees, subject to the terms and conditions stated herein, to issue to MSD Credit Opportunity Master Fund, L.P. (the “Investor”), 306,530 shares (the “Closing Shares”) of the Company’s common stock, $0.01 par value per share (the “Common Stock”) and a warrant to purchase 306,530 shares of the Common Stock (the “Warrant,” and collectively with the Closing Shares, the “Securities”).