SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • July 31st, 2017 • Digital Power Corp • Electronic components, nec • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of July 28, 2017, between Digital Power Corporation, a California corporation (the “Company”), and [●] (the “Purchaser”).
FORM OF COMMON STOCK PURCHASE WARRANT DIGITAL POWER CORPORATIONDigital Power Corp • July 31st, 2017 • Electronic components, nec
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 the six (6) month anniversary of the Initial Issuance Date (the “Initial Exercise Date”) and on or prior to the close of business on July 28, 2022 (the “Termination Date”) but not thereafter, to subscribe for and purchase from DIGITAL POWER CORPORATION, a California corporation (the “Company”), up to 83,334 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).
EXCHANGE AGREEMENTExchange Agreement • July 31st, 2017 • Digital Power Corp • Electronic components, nec • New York
This EXCHANGE AGREEMENT (this “Agreement”), is dated as of July 28, 2017, by and between Digital Power Corporation, a California corporation (the “Company”), and [●] (the “Holder”).
SUBSCRIPTION AGREEMENTSubscription Agreement • July 31st, 2017 • Digital Power Corp • Electronic components, nec • New York
The undersigned (the “Investor”) hereby confirms its agreement with Digital Power Corporation, a California corporation (the “Company”), as follows:
COMMON STOCK PURCHASE WARRANT DIGITAL POWER COrporationDigital Power Corp • July 31st, 2017 • Electronic components, nec • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that [●], 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 commencing on the date that shall be six months after the Issue Date and ending on or prior to 5:00 P.M. on July 28, 2022 (the “Termination Date”), to purchase from Digital Power Corporation, a California corporation (the “Company”), up to 120,000 shares (as subject to adjustment hereunder, the “Warrant Shares”) of common stock, no par value per share, of the Company (“Common Stock”), at the per share Exercise Price as defined in Section 2(b). This Warrant is issued in connection with that certain Subscription Agreement for 200,000 shares of Common Stock of the Company for an aggregate purchase price of $110,000 dated as the same date herewith between Holder and the Company.
