Promissory Note (May 15th, 2017)
This Note is one of a series of notes of the same tenor (the "Bridge Notes') issued to lenders who made and/or committed to make loans to the Maker on or about the date hereof.
Promissory Note (May 16th, 2016)
This Promissory Note has been negotiated and delivered to Lender and is payable in the State of Delaware. This Note shall be governed by and construed and enforced in accordance with, the laws of the State of Delaware, excluding any conflicts of law rules or principles that would cause the application of the laws of any other jurisdiction.
3844 Kennett Pike Suite 204-4, Mall Building, Powder Mill Square Greenville, Delaware 19807 Phone: (302) 656-1708 Fax: (302) 656-1703 (May 16th, 2016)
1. You have made a loan of $75,000 (the "Initial Loan") to Acorn Energy, Inc. ("Acorn") and Acorn has executed and delivered to you a promissory note in the form annexed annexed hereto as Exhibit A (the "Note") which shall evidence the terms of the Initial Loan. 2. You have agreed to loan up to an additional $75,000 (the "Additional Loans") to Acorn upon request by Acorn from time to time. In connection with the receipt of any or all of the funds representing the Additional Loans, Acorn shall execute and deliver an additional Note or Notes substantially in the form of Exhibit A which shall evidence the Additional Loans.
Void After 5:00 P.M. New York City Time on the Last Day of the Exercise Period, as Defined in This Warrant COMMON STOCK PURCHASE WARRANT OF ACORN ENERGY, INC. (May 16th, 2016)
This is to certify that, FOR VALUE RECEIVED, Leap Tide Capital Management LLC (the "Holder"), is entitled to purchase, subject to the provisions of this Warrant, from ACORN ENERGY, INC., a Delaware corporation (the "Company"), at an exercise price per share of Thirteen Cents ($0.13), subject to adjustment as provided in this Warrant (the "Warrant Exercise Price"), thirty-five thousand (35,000) shares of common stock, par value $0.01 per share, of the Company (the "Common Stock"). The shares of Common Stock deliverable upon such exercise, and as adjusted from time to time, are hereinafter sometimes referred to as the "Warrant Shares."
Consulting Agreement (May 16th, 2016)
This Consulting Agreement is made as this 8th day of January, 2016, by and between Acorn Energy, Inc. (the "Company") and Leap Tide Capital Management LLC ("Consultant").