Warrant Issuance. As additional consideration for this Amendment No. 3, Licensee shall execute and deliver to Medtronic a warrant on the terms and in the form of the Form Warrant for that number of shares equal to (A) the aggregate amount of promissory notes issued by Licensee to Medtronic outstanding as of the date hereof multiplied by .03; divided by (B) 1.263.
Appears in 2 contracts
Sources: License Agreement (Salient Surgical Technologies, Inc.), License Agreement (Salient Surgical Technologies, Inc.)
Warrant Issuance. As additional consideration for this Amendment No. 3, Licensee shall execute and deliver to Medtronic a warrant on the terms and in the form of the Form Warrant for that number of shares equal to (A) the aggregate amount of promissory notes issued by Licensee to Medtronic outstanding as of the date hereof multiplied by .03.[*]; divided by (B) 1.263[*].
Appears in 1 contract
Sources: License Agreement (Salient Surgical Technologies, Inc.)