Warrant Contract Clauses (3,200)

Warrant. 2.1Form of Warrant. 2.2Effect of Countersignature. 2.3Registration. 2.3.1Warrant Register. 2.3.2Registered Holder. 2.4Detachability of Warrants. 2.5Fractional Warrants. 2.6Private Placement Warrants.

Warrant. The Borrower shall issue the Holder a three-year warrant to purchase 100,000 shares of common stock at $1.00 per share, as further described and subject to the terms and conditions of the Warrant Agreement attached hereto as Exhibit B.

Warrant. Upon the sale of the Note of $1,100,000 by the Company to the Lender at Effective Date, the Company shall simultaneously issue to the Lender at the Effective Date, a warrant in substantially the form annexed hereto as Exhibit B (the "Warrant") to purchase 550,000 shares of Common Stock (the "Warrant Shares") at an exercise price of $2.00 per share (the "Exercise Price"). The Warrant shall be cashless exercisable for a period of three (3) years from the issue date specified on the face of such Wa...rrant. The Warrants shall have Down Round Protection meaning that prior to exercise, if at any time the Company grants, issues or sells any Common Stock, options to purchase Common Stock, securities convertible into Common Stock or rights relating to Common Stock (the "Purchase Rights") to any person, entity, association, or other organization other than the Lender, at a price per share less than the Exercise Price, then the Exercise Price hereof shall be proportionately reduced to match the price per share of the Purchase Rights. For purposes of clarification, if the Company sells Common Stock at $1.50 per share at any time after the date hereof but prior to exercise, then the Exercise Price of Lender's Warrant Shares would be adjusted to $1.50. Notwithstanding, the Exercise Price may not exceed $2.00 per share in any case. Initial CF Initial Page | 1 Loan Agreement The issuance of Purchase Rights shall not constitute a Down Round for purposes of this Agreement in the event of: (i) the exercise of stock options or the conversion of convertible securities in each case issued to employees, directors of, or consultants to the Company pursuant to a plan, agreement or arrangement approved by the Board of Directors of the Company; (ii) a dividend or distribution payable to holders of capital stock of the Company; or (iii) a subdivision (by stock split, recapitalization or otherwise) of outstanding shares of the Company into a greater number of shares. View More

Warrant. (a) Transfer and Replacement. Subject to compliance with applicable securities laws, this Warrant and all rights hereunder (including, without limitation, any registration rights) are transferable, in whole or in part, upon surrender of this Warrant at the principal office of the Company or its designated agent, together with a written assignment of this Warrant substantially in the form attached hereto as Exhibit B duly executed by the Holder or its agent or attorney and funds sufficient to pay... any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall execute and deliver a new Warrant or Warrants in the name of the assignee or assignees and in the denomination or denominations specified in such instrument of assignment, and shall issue to the assignor a new Warrant evidencing the portion of this Warrant not so assigned, and this Warrant shall promptly be cancelled. A Warrant, if properly assigned, may be exercised by a new holder for the purchase of Warrant Shares without having a new Warrant issued. The Holder consents that the Company may, if it desires, permit the transfer of this Warrant out of the Holder's name only when the Holder's request for transfer is accompanied by an opinion of counsel reasonably satisfactory to the Company that neither the sale nor the proposed transfer results in a violation of the Securities Act of 1933, as amended (the "Securities Act"), or any applicable state "blue sky" laws. At any time prior to the exercise hereof, this Warrant may be exchanged upon presentation and surrender to the Company, alone or with other warrants of like tenor of different denominations registered in the name of the same Holder, for another warrant or warrants of like tenor in the name of such Holder exercisable for the aggregate number of Shares as the warrant or warrants surrendered. (b) Replacement of Warrant. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction, or mutilation of this Warrant and, in the case of any such loss, theft, or destruction, upon delivery of an indemnity agreement reasonably satisfactory in form and amount to the Company, or, in the case of any such mutilation, upon surrender and cancellation of this Warrant, the Company, at its expense, will execute and deliver in lieu thereof, a new Warrant of like tenor. (c) Cancellation; Payment of Expenses. Upon the surrender of this Warrant in connection with any transfer, exchange or replacement as provided in this Section 2, this Warrant shall be promptly canceled by the Company. The Holder shall pay all taxes and all other expenses (including legal expenses, if any, incurred by the Holder or transferees) and charges payable in connection with the preparation, execution and delivery of Warrants pursuant to this Section 2. (d) Warrant Register. The Company shall maintain, at its principal executive offices (or at the offices of the transfer agent for the Warrant or such other office or agency of the Company as it may designate by notice to the holder hereof), a register for this Warrant (the "Warrant Register"), in which the Company shall record the name and address of the person in whose name this Warrant has been issued, as well as the name and address of each transferee and each prior owner of this Warrant. View More

Warrant. In addition to the Shares, the Purchaser shall also receive a Warrant, exercisable for a term of five years from the issue date of the Warrant, to purchase the number of shares of Common Stock (the "Warrant Shares") equal to 75% of the number of Shares purchased by the Purchaser pursuant to Section 1 hereof, at an exercise price of $1.10 per share (the "Exercise Price"). The Shares, the Warrant and the Warrant Shares may hereinafter, collectively, be referred to as the "Securities".

Warrant. 1.1 Warrant Register. The Company may deem and treat the registered Holder of this Warrant as the absolute owner hereof for the purpose of any exercise hereof or any distribution to the Holder, and for all other purposes, absent actual notice to the contrary. 1.2 Registered Holder. Prior to due presentment for registration of transfer of any Warrant, the Company may deem and treat the person in whose name such Warrant is registered in the Warrant Register as the absolute owner of such Warrant an...d of each Warrant represented thereby, for the purpose of any exercise thereof, and for all other purposes, and the Company shall not be affected by any notice to the contrary. View More

Warrant. 2.1Form of Warrants. 2.2.1.Warrant Register. 2.2.2.Issuance of Warrants. 2.2.3.Beneficial Owner; Holder. 2.2.4.Execution. 2.2.6.Loss, Theft, and Mutilation of Warrant Certificates. 2.2.7.Proxies. 2.2.8.Warrant Certificate Request.

Warrant. In connection with the issuance and delivery of this Note to the Holder, the Maker shall also issue and deliver to the Holder a warrant, for the purchase of 82,500 shares of Maker common stock at an exercise price of $0.01 per share and which will expire on the third anniversary of the date of issuance.

Warrant. Upon execution of this Amendment, Gravitas shall receive two hundred and fifty thousand (250,000) fully vested purchase warrants (each a "Warrant" and collectively the "Warrants"), each Warrant entitling Gravitas tor purchase one (1) common share of Gilla, a publicly listed company trading on the OTCQB under the symbol "GLLA". The Warrants shall have an exercise price of twenty United States cents (US $0.20) per share and shall expire on January 1, 2016. The securities, if exercised and issued, ...will be subject to the standard restrictions as required by the regulators, the stock exchange and the U.S. Securities and Exchange Commission. View More

Warrant. Each Warrant will entitle the registered holder of a Warrant to purchase from the Company one share of Company common stock, $0.0001 par value per share (each a "Share," collectively, the "Shares") at $____ per Share (120% of the public offering price of the Units). The exercise price for each Warrant is referred to herein as the "Exercise Price." The Exercise Price is subject to adjustments as provided in Section 13 hereof. A Warrant Holder may exercise all or any number of Warrants provided th...at such exercise results the purchase of a whole number of Shares. View More