WARRANT TO PURCHASE SHARES OF COMMON STOCK of TEARLAB CORPORATION Dated as of October 8, 2015 Void after the date specified in Section 8TearLab Corp • October 9th, 2015 • Surgical & medical instruments & apparatus • Delaware
THIS CERTIFIES THAT, for value received, [ ], or its registered assigns (the “Holder”), is entitled, subject to the provisions and upon the terms and conditions set forth herein, to purchase from Tearlab Corporation, a Delaware corporation (the “Company”), shares of the Company’s common stock, $0.001 par value per share (the “Shares”), in the amounts, at such times and at the price per share set forth in Section 1. The term “Warrant” as used herein shall include this Warrant and any warrants delivered in substitution or exchange therefor as provided herein. This Warrant is issued in connection with the transactions described in the Term Loan Agreement, dated as of March 4, 2015, by and between the Company, the Subsidiary Guarantors party thereto, and Capital Royalty Partners II L.P., Capital Royalty Partners II – Parallel Fund “A” L.P. and Parallel Investment Opportunities Partners II L.P., as amended.
