Introduction Contract Clauses (355)

Introduction. Great Basin Scientific, Inc., a Delaware corporation (the "Company"), proposes to issue and sell to the purchasers, pursuant to the terms and conditions of this Placement Agent Agreement (this "Agreement") and the Subscription Agreements in the form of Exhibit A attached hereto (the "Subscription Agreements") entered into with the purchasers identified therein and the Prospectus with respect to purchasers of Units that do not enter into a Subscription Agreement (each a "Purchaser" and collective...ly, the "Purchasers"), up to an aggregate of: up to 3,160,000 Units (the "Units") consisting of (i) 3,160,000 authorized but unissued shares of common stock, par value $0.0001 per share (the "Common Stock"), of the Company (the "Shares") and (ii) 3,160,000 Series G Warrants (the "Warrants") to purchase an aggregate of up to 3,160,000 authorized but unissued shares of Common Stock (the "Warrant Shares"). Each Unit will consist of one Share and one Warrant. The Units, the Shares, the Warrants, and the Warrant Shares are collectively referred to as the "Securities." The Units will not be separately issued or certificated and the Securities shall be immediately separable and transferable upon issuance. The form of the Warrant is attached hereto as Exhibit B. The Company hereby confirms its agreement with Roth Capital Partners, LLC (the "Placement Agent") to act as Placement Agent in accordance with the terms and conditions hereof. View More

Introduction. Until November 1, 2019 or such earlier period as the parties may agree in writing, Subscriber shall assist the Company in its fundraising efforts by making introductions to persons with whom Subscriber has an existing business or personal relationship, provided that the Company will make its CEO available to participate in meetings with potential investors introduced by Subscriber and will reimburse Subscriber's reasonable out-of-pocket costs in connection with the fundraising. The Company will ...not independently solicit any limited partners of Subscriber or its affiliates or other investors introduced to the Company by Subscriber or its affiliates without Subscriber's prior written consent during the period ending November 1, 2019. View More