CLASS B WARRANT TRANS-LUX CORPORATIONTrans Lux Corp • November 18th, 2011 • Miscellaneous manufacturing industries
THIS CLASS B WARRANT (the “Warrant”) certifies that, for value received, ____________ (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 hereof (the “Initial Exercise Date”) and on or prior to the close of business on the three-year anniversary of the Closing Date of the Offering described in the Purchase Agreement (as hereinafter defined) (the “Termination Date”) but not thereafter, to subscribe for and purchase from Trans-Lux Corporation, a Delaware corporation (the “Company”), up to _______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock of the Company. 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).
FORM OF SUBSCRIPTION AGREEMENTSubscription Agreement • November 18th, 2011 • Trans Lux Corp • Miscellaneous manufacturing industries • New York
SUBSCRIPTION AGREEMENT (this “Agreement”) dated as of September 28, 2011, and made as of the date set forth on the Signature Page hereof between Trans-Lux Corporation, a Delaware corporation (“Company”) and the undersigned, as identified on the “Signature Page” (the “Subscriber”).
CLASS A WARRANT TRANS-LUX CORPORATIONTrans Lux Corp • November 18th, 2011 • Miscellaneous manufacturing industries
THIS CLASS A WARRANT (the “Warrant”) certifies that, for value received, ___________ (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 hereof (the “Initial Exercise Date”) and on or prior to the close of business on the one-year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Trans-Lux Corporation, a Delaware corporation (the “Company”), ___ units (“Units”) of the Company, each Unit consisting of one share of the Company’s common stock, par value $1.00 per share (“Common Stock”) and one warrant (“B Warrant”) to purchase one fully paid and nonassessable share of Common Stock. Each B Warrant included in the Units shall be exercisable for a period of three years from the date hereof at $1.00 per share (subject to adjustment to $0.50 per share as described in the B Warrant). The purchase price of the Units u
AMENDMENT NO. 18 TO AMENDED AND RESTATED COMMERCIAL LOAN AND SECURITY AGREEMENT AND NOTE AMENDMENTLoan and Security Agreement • November 18th, 2011 • Trans Lux Corp • Miscellaneous manufacturing industries • Connecticut
This AMENDMENT NO. 18 TO AMENDED AND RESTATED COMMERCIAL LOAN AND SECURITY AGREEMENT AND NOTE AMENDMENT (this “Agreement”) is made as of the 1st day of November, 2011, by and among TRANS-LUX CORPORATION, a Delaware corporation, with its chief executive office and principal place of business located at 26 Pearl Street, Norwalk, Connecticut 06850 (“Borrower”), each of the other corporations signatory hereto as guarantors (collectively, the “Guarantors”), and PEOPLE’S UNITED BANK (formerly known as People’s Bank), a Connecticut chartered banking corporation with an office located at 350 Bedford Street, Stamford, Connecticut 06901 (“Lender”).
