Common use of WARRANT TO PURCHASE PREFERRED STOCK Clause in Contracts

WARRANT TO PURCHASE PREFERRED STOCK. For value received and subject to the provisions set forth in this warrant (this “Warrant”), [Entity affiliated with Pinnacle Ventures] and its assigns are entitled to purchase from TV2 HOLDING COMPANY, a Delaware corporation (the “Company”): Shares of Series C Preferred Stock: The number of Shares for which this Warrant is exercisable shall equal the Warrant Coverage divided by the Exercise Price Exercise Price: $1.10 Term of Warrant: 10 years from the Warrant Date Warrant Date: June 30, 2010 The number of Shares for which this Warrant is exercisable and the Exercise Price may be adjusted as specified in Section 5.

Appears in 2 contracts

Sources: Warrant Agreement (TriVascular Technologies, Inc.), Warrant Agreement (TriVascular Technologies, Inc.)