SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • September 27th, 2004 • Wells Gardner Electronics Corp • Radio & tv broadcasting & communications equipment • Illinois
This Securities Purchase Agreement (this “Agreement”) is dated as of September 20, 2004 among Wells-Gardner Electronics Corporation, an Illinois corporation (the “Company”), and the purchasers identified on the signature pages hereto (each, a “Purchaser” and collectively, the “Purchasers”).
WELLS-GARDNER ELECTRONICS CORPORATION WARRANTWells Gardner Electronics Corp • September 27th, 2004 • Radio & tv broadcasting & communications equipment
Wells-Gardner Electronics Corporation, an Illinois corporation (the “Company”), hereby certifies that, for value received, [Name of Holder] or its registered assigns (the “Holder”), is entitled to purchase from the Company up to a total of [ ](1) shares of common stock, $1 par value per share (the “Common Stock”), of the Company (each such share, a “Warrant Share” and all such shares, the “Warrant Shares”) at an exercise price equal to $6.24 per share (as adjusted from time to time as provided in Section 9, the “Exercise Price”), at any time and from time to time from and after the six month anniversary of the date hereof and through and including March 20, 2010 (the “Expiration Date”), and subject to the following terms and conditions. This Warrant (this “Warrant”) is one of a series of similar warrants issued pursuant to that certain Securities Purchase Agreement, dated as of the date hereof, by and among the Company and the Purchasers identified therein (the “Purchase Agreement”). A
WELLS-GARDNER ELECTRONICS CORPORATION WARRANTWells Gardner Electronics Corp • September 27th, 2004 • Radio & tv broadcasting & communications equipment • Illinois
Definitions. In addition to the terms defined elsewhere in this Warrant (the “Warrant”), capitalized terms that are not otherwise defined herein have the meanings given to such terms in the Purchase Agreement, dated as of the date hereof, by and among the Company, CD Investment Partners, Ltd. and EGI-NP Investments, LLC.
