Partial Assignment of Common Stock Purchase Warrant by Network Medical Management, Inc. to Shareholder

Contract Categories: Business Finance › Assignment Agreements
Summary

This agreement documents Network Medical Management, Inc.'s (NMM) partial assignment of its right to purchase Apollo Medical Holdings, Inc. (ApolloMed) common stock under a Series B Warrant. The assignment is made to a former NMM shareholder, effective immediately before the closing of a merger involving ApolloMed and NMM. The transferee accepts the assignment and agrees to the terms of the original warrant. The agreement ensures the transferee receives a pro rata portion of the warrant rights as part of the merger process.

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EX-4.8 6 tv489499_ex4-8.htm EXHIBIT 4.8

 

Exhibit 4.8

 

APOLLO MEDICAL HOLDINGS, INC.

 

Partial Assignment of Common Stock Purchase Warrant

 

Reference is hereby made to that certain (i) Agreement and Plan of Merger, dated as of December 21, 2016 (as amended on March 30, 2017 and October 17, 2017, the “Merger Agreement”), by and among Apollo Medical Holdings, Inc., a Delaware corporation (“ApolloMed”), Apollo Acquisition Corp., a California corporation, Network Medical Management, Inc., a California corporation (“NMM”) and Kenneth Sim, M.D., as the Shareholders’ Representative, and (ii) Common Stock Purchase Warrant, dated as of March 30, 2016 (the “Series B Warrant”), a copy of which is attached hereto as Exhibit A.

 

Pursuant to Section 3.13 of the Merger Agreement, immediately prior to Closing, NMM, as the holder of the Series B Warrant, may make an in-kind distribution to its shareholders on a pro rata basis of the Series B Warrant. In accordance therewith, NMM hereby assigns a pro rata portion of the Series B Warrant for the right to purchase up to [_______] shares of common stock of ApolloMed and all rights evidenced thereby, to:

 

    (“Transferee”) who was a shareholder of NMM immediately prior to the Closing and whose address is:

 

    .

 

This Partial Assignment of Common Stock Purchase Warrant is made effective immediately prior to the Closing.

 

  “NMM”  
     
  NETWORK MEDICAL MANAGEMENT, INC.  
         
  By:      
  Name:   Thomas S. Lam, M.D.  
  Title:   Chief Executive Officer  

 

The undersigned Transferee hereby accepts the foregoing partial assignment and agrees to be bound by all of the terms and provisions of the Series B Warrant being assigned hereby.

 

  Dated:      

 

  Transferee’s Signature:    

 

Partial Assignment of Series B Warrant

 

 

Exhibit A

Series B Warrant

 

See Attached

 

Partial Assignment of Series B Warrant