Common Stock Purchase Warrant ICONIC BRANDS, INC.Common Stock Purchase Warrant • August 25th, 2009 • Iconic Brands, Inc. • Agricultural services
This Common Stock Purchase Warrant (the “Warrant”) certifies that, for value received, DOUBLE U FUND Ltd. (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 five year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from ICONIC BRANDS, INC., a Nevada corporation (the “Company”), up to One Million (1,000,000) shares (the “Warrant Shares”) of common stock of the Company (the “Common Stock”). The purchase price (the “Purchase Price”) of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2.2.
SUBSCRIPTION AGREEMENTSubscription Agreement • August 25th, 2009 • Iconic Brands, Inc. • Agricultural services • New York
THIS SUBSCRIPTION AGREEMENT (this “Agreement”), dated as of August __, 2009, by and among ICONIC BRANDS, INC., a Nevada corporation (the “Company”), 1174 Route 109, Lindenhurst, New York 11757, and DOUBLE U MASTER FUND L.P.., a British Virgin Islands limited partnership, with an office at Harbour House, Waterfront Drive, P.O. Box 972, Road Town, Tortola, British Virgin Islands (the “Subscriber”) under such agreement and the Transaction Documents, as defined in Section 5(c) of this Agreement, referred to herein).
