COMMON STOCK PURCHASE WARRANT ADVANSOURCE BIOMATERIALS CORPORATIONAdvanSource Biomaterials Corp • August 28th, 2013 • Surgical & medical instruments & apparatus • Massachusetts
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _______________(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 hereof (the “Initial Exercise Date”) and on or prior to the close of business on the [first] year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from AdvanSource Biomaterials Corporation, a Delaware corporation (the “Company”), up to 108,750 shares (the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SECURITY AGREEMENTSecurity Agreement • August 28th, 2013 • AdvanSource Biomaterials Corp • Surgical & medical instruments & apparatus • Massachusetts
This Security Agreement (the “Agreement”) is entered into as of August 22, 2013, by and between the lenders identified on Schedule A to this Agreement (collectively, the “Lenders”) and AdvanSource Biomaterials Corporation, a Delaware corporation having a principal address at 229 Andover Street, Wilmington, MA 01887 ("Company”).
