Warrant A Sample Clauses
Warrant A is a contractual provision that grants the holder the right to purchase a specified number of shares of a company’s stock at a predetermined price within a set timeframe. In practice, this clause outlines the terms under which the warrant can be exercised, such as the exercise price, expiration date, and any conditions or limitations on transferability. Its core function is to provide the holder with an opportunity to benefit from potential increases in the company’s value while giving the company a mechanism to raise additional capital if the warrant is exercised.
Warrant A. Warrant A shall be in the form of Exhibit A attached hereto shall have a seven year term and shall be exercisable immediately at an exercise price of $0.01 per share. Subject to stockholder approval as further described below, the Purchaser shall be entitled to purchase, in the aggregate, 1,000,000 shares of Common Stock underlying Warrant A.
Warrant A. On the Subscription Date, the Company will issue to the Investors and the Placement Agent a Warrant A, exercisable beginning on the Subscription Date and then exercisable any time over the five year period there following, to purchase an aggregate of 18,000 Warrant Shares for the Investors and 9,000 Warrant Shares for the Placement Agent at the Exercise Price (as defined in the Warrant). Warrant A shall be delivered by the Company to the Escrow Agent, and delivered to the Investors and Placement Agent pursuant to the terms of this Agreement and the Escrow Agreement. The Warrant Shares shall be registered for resale pursuant to the Registration Rights Agreement.
Warrant A. Warrant A shall (i) be in the form of Exhibit A attached hereto, (ii) have a seven (7) year term, (iii) be exercisable immediately, and (iv) entitle the Purchaser and/or its designees, as the case may be, to purchase an aggregate of 175,000 shares of the Company’s Common Stock at an exercise price of $0.01 per share.
Warrant A. Warrant A shall be exercisable in whole beginning on the date of the signing of this Agreement and remaining in effect for a period of seventy (70) days thereafter (the "Warrant A Period"). Warrant A entitles the Investor to purchase from the Company 8,900 Preferred Shares of the Company par value NIS 0.01 (the "Warrant A Shares") in consideration for the payment to the Company of US$1,000,000. Such number of Preferred Shares shall be adjusted for any share combination or sub-division, bonus shares or any other recapitalization of the Company's shares (a "Recapitalization Event"). For the removal of doubt, the exercise of the aforementioned Warrant A Shares shall entitle the Investor to hold 5% of the Company's authorized share capital at the time of exercising the Warrant A shares based on a Company value of $20,000,000 (Twenty Million USD).
Warrant A. The Exercise Price per Share is hereby corrected to read $2.00.