ORDINARY SHARES PURCHASE WARRANT PARAZERO TECHNOLOGIES LTD.ParaZero Technologies Ltd. • July 29th, 2022 • Aircraft parts & auxiliary equipment, nec • New York
THIS ORDINARY SHARES PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [●] or its assigns (the “Holder,” provided that a “Holder” shall include, if the Warrants are held in “street name,” a Participant, any designee appointed by such Participant and each “beneficial owner” of such Warrants) 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 5:00 p.m. (New York City time) on [●], 2027 (the “Termination Date”) but not thereafter, to subscribe for and purchase from ParaZero Technologies Ltd., an Israeli company (the “Company”), up to [●] Ordinary Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Ordinary Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b). This Warrant shall initially be issued and maintained in the form of a security held in
Warrant Agent AgreementWarrant Agent Agreement • July 29th, 2022 • ParaZero Technologies Ltd. • Aircraft parts & auxiliary equipment, nec • New York
This WARRANT AGENT AGREEMENT (this “Warrant Agreement”) dated as of [●], 2022 (the “Issuance Date”) is between ParaZero Technologies Ltd., an Israeli company (the “Company”), and VStock Transfer, LLC (the “Warrant Agent”).
Warrant Agent AgreementWarrant Agent Agreement • July 29th, 2022 • ParaZero Technologies Ltd. • Aircraft parts & auxiliary equipment, nec • New York
