Investor Warrants. As an additional inducement to Holder, the Company shall issue a warrant to purchase up to fifty-five thousand dollars ($55,000) worth of shares of its common stock exercisable at the strike prices outlined in the Warrant Agreement, attached hereto and incorporated by reference, to Holder.
Investor Warrants. At Closing, the Company will issue ten-year warrants to each Investor to purchase nine shares of the Company’s common stock for every 20 Shares purchased by such Investor at Closing. The exercise price of the warrants will be $1.20 per share of common stock.
Investor Warrants. The Company has the full right, power and authority to enter into the Investor Warrants and to perform and discharge its obligations thereunder. The Investor Warrants have been duly and validly authorized by the Company and upon delivery to the Investors at the Closing Date will be duly issued and will constitute legal, valid and binding obligations of the Company, enforceable in accordance with their terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the rights and remedies of creditors generally or subject to general principles of equity. The Investor Warrant Shares have been duly authorized and reserved for issuance upon the exercise of the Investor Warrants and when issued upon payment of the exercise price therefor will be validly issued, fully paid and nonassessable.
Investor Warrants. As an additional inducement to Holder, the Company shall issue a warrant to purchase eighty-five thousand dollars ($85,000) worth of shares of its common stock exercisable at the Fixed Conversion Price outlined in the Warrant Agreement, attached hereto and incorporated by reference, to Holder.
Investor Warrants. In addition to a 10% equity ownership stake in the LLC for its initial $1 million investment, the LLC agrees to provide Investors with a two (2) year warrant to purchase up to an additional 10% of the LLC for $3,000,000, to be subscribed as $300,000 per each 1% interest.
Investor Warrants. As an additional inducement to Holder, the Company shall issue a warrant for One hundred and one thousand Eight Hundred and Seventeen (101,817) shares of its common stock exercisable at twenty cents ($.20) per share to Holder hereto attached in schedule A. Any partial amount invested shall be pro-rated on the basis of the investment by Holder. These shares shall have piggyback registration rights.
Investor Warrants. The various warrants issued to the Investors and other persons listed on Schedule 1(d)(iv) (the “Investor Warrants”), which Investor Warrants shall automatically be deemed warrants to purchase such number of shares of Common Stock of the Parent, and at such exercise prices as set forth on Schedule 1(d)(iv).
Investor Warrants. The Company shall have delivered to (i) each Investor a warrant, dated as of the date of the Closing, in the form attached hereto as Exhibit J-1, duly executed by the parties thereto, for the purchase of an amount of Series B Preferred Shares at a per share purchase price as set forth next to such Investor’s name on Schedule 4, and (ii) each of the Lead Investors and IDG a warrant, dated as of the date of the Closing, in the form attached hereto as Exhibit J-2, duly executed by the parties thereto, for the purchase of an amount of Series B Preferred Shares at a per share purchase price as set forth next to such Investor’s name on Schedule 5.
Investor Warrants. The Company shall have delivered to each Investor an Investor Warrant, duly executed by the Company, granting such Investor the right to purchase a certain number of Series B-3 Preferred Shares, par value US$0.001, of the Company for a purchase price of US$2.8996 per share (subject to any adjustment resulting from the reclassification, split, subdivision or combination of the Series B-3 Preferred Shares) in the form attached as Exhibit D hereto.
Investor Warrants. The Company shall have executed and delivered to the Investors the Investor Warrants.
