COMMON STOCK WARRANT For the Purchase of Shares of Common Stock of CVSL INC. July 2, 2014CVSL Inc. • July 15th, 2014 • Retail-nonstore retailers • Texas
THIS CERTIFIES THAT, , for value received, and successors and assigns (collectively, “Warrantholder”), is entitled to subscribe for and purchase, subject to the terms hereof, from CVSL Inc., a Florida corporation (the “Company”), ONE MILLION (1,000,000) fully-paid and non-assessable shares (the “Shares”) of the Company’s Common Stock, par value $0.0001 per share (“Common Stock”), at a price per share equal to SIXTY FOUR CENTS ($0.64) (the “Warrant Exercise Price”), such price (i) representing the average closing price of a share of the Common Stock for the 10 trading days prior to the grant of this Warrant and (ii) being subject to adjustment upon the occurrence of the contingencies set forth in this Warrant.
