COMMON STOCK PURCHASE WARRANT OCEAN POWER TECHNOLOGIES, INC.Ocean Power Technologies, Inc. • June 7th, 2016 • Electric services • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (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 December 8, 2016 the six month and one day anniversary of 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 Ocean Power Technologies, Inc., a Delaware corporation (the “Company”), up to ______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
AMENDMENT AGREEMENTAmendment Agreement • June 7th, 2016 • Ocean Power Technologies, Inc. • Electric services
This Amendment No. 1 (this “Amendment”) to that certain Securities Purchase Agreement, dated as of June 2, 2016, by and among Ocean Power Technologies, Inc., a Delaware corporation, the investor signatory hereto (the “Investor”) and the other investors signatory thereto (the “Existing Securities Purchase Agreement”) is entered into as of June 7, 2016 and, following the Amendment Time, shall be effective as of June 2, 2016, by and between the Company and the Investor. Capitalized terms not defined herein shall have the meaning as set forth in the Existing Securities Purchase Agreement as amended hereby.
