THIS INSTRUMENT AND THE COMMON STOCK OF ASPEN AEROGELS, INC., A DELAWARE CORPORATION (THE “COMPANY”), ISSUABLE UPON EXERCISE OF THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR APPLICABLE STATE LAWS AND MAY NOT BE SOLD,...Instrument and the Common Stock • April 28th, 2014 • Aspen Aerogels Inc • Wholesale-lumber & other construction materials • New York
THIS INSTRUMENT IS ALSO SUBJECT TO FURTHER RESTRICTIONS ON TRANSFER AS PROVIDED IN THAT CERTAIN SUBORDINATED NOTE AND WARRANT PURCHASE AGREEMENT, DATED AS OF DECEMBER 29, 2010, BY AND AMONG THE COMPANY, THE PURCHASERS NAMED ON EXHIBIT A THERETO, AND PJC CAPITAL LLC, AS COLLATERAL AGENT, AS THE SAME MAY BE AMENDED, RESTATED OR MODIFIED FROM TIME TO TIME (THE “PURCHASE AGREEMENT”).
