RANMARINE TECHNOLOGY B.V. TRADEABLE WARRANT TO PURCHASE ORDINARY SHARES REPRESENTED BY AMERICAN DEPOSITARY SHARESTradeable Warrant Agreement • December 21st, 2023 • RanMarine Technology B.V. • Ship & boat building & repairing • New York
THIS TRADEABLE WARRANT TO PURCHASE ORDINARY SHARES REPRESENTED BY AMERICAN DEPOSITARY SHARES (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 the American Depositary Shares of the Company (as defined below) commences trading on a Trading Market (as defined herein) (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on the fifth anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from RanMarine Technology B.V., a private company with limited liability under the laws of the Netherlands (besloten vennootschap met beperkte aansprakelijkheid) (the “Company”), up to ______ ordinary shares, nominal value £0.01 per share (the “Warrant Shares”) represented by _____ ADSs (the ADSs issuable upon exercise of the Warra
