Form of Warrant dated as of July 8, 2002

EX-10.1 4 a82931exv10w1.htm EXHIBIT 10.1 exv10w1
 

EXHIBIT 10.1

STOCK PURCHASE AGREEMENT

     This agreement is dated July 8, 2002 between ________ (“Purchaser”), and NeoTherapeutics, Inc. (“Company”), whereby the parties agree as follows:

     The Purchaser shall buy and the Company agrees to sell ________shares (“Shares”) of the Company’s Common Stock at a price of $0.17 per share for the total amount of ________. The Shares have been registered on a Form S-3, File No. 333-53108, which registration statement has been declared effective by the Securities and Exchange Commission. The Shares are free of restrictive legends and are free of any resale restrictions. The Company is delivering herewith a prospectus supplement on Form 424 (b)(2) regarding the sale of the Shares prior to funding.

     The Purchaser shall wire the purchase amount to the Company to the account set forth below.

Company Wire Transfer Instructions:

  Chase Manhattan Bank
1 Chase Plaza
New York, NY 10004
ABA # 021 000 021
FBO Salomon Smith Barney
A/C # 066-198038
For Further Credit to:
Neotherapeutics, Inc.
A/C # 561-04051-19-103

     The Company shall cause its transfer agent to transmit the Shares electronically to the Purchaser by crediting the account set forth below through the Deposit Withdrawal Agent Commission system.

     Purchaser DWAC Instructions:

 




-1-


 

  AGREED AND ACCEPTED:
     
  NeoTherapeutics, Inc.
 
 
  By: 
 
    Name:
Title:
     
  PURCHASER:
 
 
 
 
  By: 
 
    Name:
Title:

-2-


 

SCHEDULE 1

                 
Purchaser   Shares   Purchase Price

 
 
Alpha Capital A.G.
    2,941,177     $ 500,000  
Stonestreet L.P.
    1,764,705     $ 300,000  
Excalibur Limited Partnership
    882,353     $ 150,000  
Cranshire Capital L.P.
    882,353     $ 150,000  

-3-