Example ContractsClausesconditions to the investor’s obligation to purchase shares of common stockVariants
Conditions to the Investor’s Obligation to Purchase Shares of Common Stock
Conditions to the Investor’s Obligation to Purchase Shares of Common Stock contract clause examples

“A.The Buyer wishes to purchase, and the Company wishes to sell, upon the terms and subject conditions stated in this Agreement, # 104,294 shares of Common Stock (defined below) (collectively, theCommon Shares”) and # warrants, in the form attached hereto as [Exhibit A] (theWarrants”), to initially purchase an aggregate of up to 182,515 shares of Common Stock (collectively, theWarrant Shares”), at an exercise price of $5.062 per share, in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the1933 Act”), and Rule 506(b) of Regulation D (“Regulation D”) as promulgated by the SEC under the 1933 Act. “Common Stock” means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.”

The Company and the Buyer previously entered into the Securities Purchase Agreement, dated May 24, 2019, by and among the Company and the Buyer (theAgreement”) pursuant to which the Company agreed to issue to the Buyer: # 104,294 shares of common stock, par value $0.0001 per share (theCommon Stock”), of the Company (such 104,294 shares of Common Stock collectively referred to herein as theCommon Shares”), and # warrants, in the form attached to the Agreement as [Exhibit A] (theWarrants”), to initially purchase an aggregate of up to 182,515 shares of Common Stock, at an exercise price of $5.05 per share, in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the1933 Act”), and Rule 506(b) of Regulation D as promulgated by the SEC under the 1933 Act, for an aggregate purchase price of $550,000.

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