REPRESENTATIVE’S PURCHASE WARRANT BT BRANDS, INC.BT Brands, Inc. • October 15th, 2021 • Retail-eating places • New York
This REPRESENTATIVE’S PURCHASE WARRANT (the “Warrant”) certifies that, for value received, MAXIM PARTNERS LLC 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 date referred to above as the Initial Exercise Date (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on [_____], 2026 (the “Termination Date”) but not thereafter, to subscribe for and purchase from BT Brands, Inc., a Wyoming 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).
WARRANT AGREEMENTWarrant Agreement • October 15th, 2021 • BT Brands, Inc. • Retail-eating places • New York
WARRANT AGREEMENT (this “Warrant Agreement”) dated as of [______], 2021 (the “Issuance Date”) between BT Brands, Inc., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation (the “Warrant Agent”).
