Extension of Common Stock Purchase Warrants A and B by Powin Corporation
Powin Corporation is extending the terms of its Common Stock Purchase Warrants A and B, originally issued on July 8, 2008. Warrant A's term is extended for one year, and Warrant B's term is extended for two years, both starting from the effective date of the company's Form S-1 filing. All other terms of the warrants remain unchanged. This extension is executed by Powin Corporation as of May 31, 2009.
EXTENSION OF COMMON STOCK PURCHASE WARRANT “A”
This Extension of the Common Stock Purchase Warrant “A” offered by Powin Corporation on July 8, 2008 shall hereby be extended and amended as follows:
The “Term” of this warrant shall be extended for a period of one year following the Effective Notice of the Form S-1 filed by the Company.
All other provisions and terms of the warrant shall remain the same.
IN WITNESS WHEREOF, the Company has executed this Warrant as of this 31 st day of May, 2009.
POWIN CORPORATION
By: /s/ Joseph Lu
Joseph Lu, CEO
EXTENSION OF COMMON STOCK PURCHASE WARRANT “B”
This Extension of the Common Stock Purchase Warrant “B” offered by Powin Corporation on July 8, 2008 shall hereby be extended and amended as follows:
The “Term” of this warrant shall be extended for a period of two years following the Effective Notice of the Form S-1 filed by the Company.
All other provisions and terms of the warrant shall remain the same.
IN WITNESS WHEREOF, the Company has executed this Warrant as of this 31 st day of May, 2009.
POWIN CORPORATION
By: /s/ Joseph Lu
Joseph Lu, CEO
