Common use of Warrant Issuances Clause in Contracts

Warrant Issuances. Subject to the satisfaction of the terms and condition of this Agreement, May ▇▇▇▇▇ Group, Inc., as the Placement Agent will receive on the Closing Date warrants ("Convertible Warrants") to purchase 500,000 shares of Common Stock (the "Convertible Warrant Shares") at an exercise price of Three Dollars ($3.00) per share. The Warrants shall be exercisable for a period of five (5) years from the date of issuance and shall be substantially in the form of the form of Warrant hereto as Exhibit D.

Appears in 1 contract

Sources: Securities Purchase Agreement (Telenetics Corp)

Warrant Issuances. Subject to the satisfaction of the terms and condition of this Agreement, May ▇▇▇▇▇▇▇▇ Group▇▇▇▇▇▇▇▇▇ & Company, Inc.Limited, as the Placement Agent will receive on the Closing Date warrants ("Convertible Warrants") to purchase 500,000 250,000 shares of Common Stock (the "Convertible Warrant Shares") at an exercise price of Three Dollars ($3.00) 2.00 per share. The Warrants shall be exercisable for a period of five (5) years from the date of issuance and shall be substantially in the form of the form of Warrant hereto as Exhibit D.C.

Appears in 1 contract

Sources: Securities Purchase Agreement (Jagnotes Com)