Class E Warrants definition
Examples of Class E Warrants in a sentence
The shares issuable upon the exercise of Class E Warrants will have piggybank registration rights such that they will be registered on the first registration statement filed by the Company under the Securities Act of 1933, as amended.
On the Closing Date, the Company will issue and deliver Class E Warrants to the Subscribers.
The Class E Warrants shall be exercisable commencing six months after the Closing Date and until five years after the Closing Date.
On the Closing Date (as defined in Section 3.1 below), subject to the terms and conditions set forth in this Agreement, RK Holdings will issue to Shattan (a) the Class D Warrants for the purchase of 3,962 shares of RK Holdings’ Class A Common Stock and (b) the Class E Warrants for the purchase of 328 shares of RK Holdings’ Class A Common Stock.
Unless the Approval is obtained, the maximum amount of Warrant Shares issuable upon exercise of Class E Warrants and Shares may not exceed 752,072 shares of Common Stock.
This Warrant Certificate, when surrendered at the offices of the Corporation specified in Section 15 of the Class E Warrant Agreement, by the registered holder thereof in person, by legal representative or by attorney duly authorized in writing, may be exchanged, in the manner and subject to the limitations provided in the Class E Warrant Agreement, for one or more other Warrant Certificates of like tenor evidencing in the aggregate a like number of Class E Warrants.
This Certifies That, FOR VALUE RECEIVED, _______________________ or registered assigns, (the "Holder') is the owner of the number of Redeemable Class E Common Stock Purchase Warrants ("Class E Warrants") specified above.
If such termination without cause is effected by Employer at any time after may 17, 1998 (i.e. on or after the 6th month of employment), then Officer shall be entitled to the grant of fifty thousand (50,000) of the Company's $5.00 Class E Warrants (the "Class E Warrants") as specified in Article 5.
Except as provided in Section 11, no adjustment in respect of any dividends shall be made during the term of the Class E Warrants or upon the exercise of the Class E Warrants.
The rights of purchase represented by the Class E Warrants shall be exercisable, at the election of the Holders thereof either in full or from time to time in part and, in the event that a certificate evidencing Class E Warrants is exercised in respect of less than all of the Shares specified therein at any time prior to the date of expiration of the Class E Warrants, a new certificate evidencing the remaining Class E Warrant or Class E Warrants will be issued.