Common Stock Purchase Warrant Agreement between The Mint Leasing, Inc. and Donald W. Sapaugh

Contract Categories: Business Finance › Warrant Agreements
Summary

This agreement grants Donald W. Sapaugh the right to purchase up to 1,050,000 shares of common stock in The Mint Leasing, Inc. at specified prices ranging from $0.10 to $2.00 per share. The warrant is exercisable from June 1, 2007, to June 1, 2011. Shares acquired under this warrant are subject to certain transfer restrictions unless registered or exempt. The warrant is transferable by the holder and must be exercised according to the terms outlined in the agreement.

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EX-4.5 6 ex4_5.htm EXHIBIT 4.5 ex4_5.htm
Exhibit 4.5
Common Stock Purchase Warrant (Donald W. Sapaugh)


THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE TRANSFERRED OR SOLD UNLESS PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR AN AVAILABLE EXEMPTION FROM REGISTRATION.
Number  WA  002
1,050,000 Warrant
EXERCISABLE FROM 9:00 A.M., NEW YORK TIME,
ON JUNE 1, 2007, UNTIL
5:00 P.M., NEW YORK TIME, JUNE 1, 2011
The Mint Leasing, Inc.
INCORPORATED UNDER THE LAWS OF THE STATE OF NEVADA

This certifies that  DONALD W. SAPAUGH
 
 
is the owner of  ONE MILLION FIFTY THOUSAND AND 00/100
WARRANTS, EACH TO PURCHASE ONE FULLY PAID AND NON-ASSESSABLE SHARE OF COMMON STOCK, $.001 PAR VALUE, OF

The Mint Leasing, Inc. at the initial Exercise Price of a) 350,000 shares at $.10 per share, b) 200,000 shares at $.50 per share, c) 200,000 shares at $1.00 per share, d) 150,000 shares at $1.50 per share, e) 150,000 shares at $2.00 per share.  Payment of the Purchase Price shall be paid in the manner, at the time and on the terms and conditions specified in this Warrant and the Warrant Agreement.  The certificate or certificate shall be registered in the name specified in the notice of exercise free and clear of any legend, restriction or stop order.  This Warrant is transferable on the books of the Company by the holder hereof in person or by duly authorized attorney upon surrender of this certificate properly endorsed.

Witness the manual or facsimile signatures of the Company’s duly authorized officers, countersigned by the Warrant Agent.

Dated: June 1, 2007

 

/s/ Jerry Parish
  
/s/ Jerry Parish
  
Jerry Parish, Secretary
  
Jerry Parish, President  & CEO
  



Exhibit A – Page 4