WARRANT AGREEMENT Dated as of May [●], 2013 among PEDEVCO CORP. as Issuer and WUNDERLICH SECURITIES, INC. and [EACH OF THE OTHER HOLDERS PARTY HERETO] as Holders Warrants to Purchase Shares of Common StockWarrant Agreement • May 8th, 2013 • Pedevco Corp • Oil & gas field exploration services • Texas
This Warrant Certificate certifies that [●], or its registered assigns, is the registered Holder of [●] Warrants (the “Warrants”) to purchase shares of common stock, par value $0.001 per share (the “Common Stock”), of PEDEVCO Corp., a Texas corporation (the “Issuer”). Each Warrant entitles the registered Holder upon exercise at any time on or after May [●], 2014 and until 5:00 p.m. New York City time on May [●], 2016 to receive from the Issuer one fully paid and nonassessable share of Common Stock (the “Warrant Shares”) at the initial exercise price (the “Exercise Price”) of $[●] per share, subject to the conditions set forth herein and in the Warrant Agreement referred to on the reverse hereof. The Exercise Price and number of Warrant Shares issuable upon exercise of the Warrants are subject to adjustment upon the occurrence of certain events set forth in the Warrant Agreement.
