Exhibit 4.2


 


NEITHER THE ISSUANCE AND SALE OF THE
SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE EXERCISABLE HAVE BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE,
SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL TO THE HOLDER (IF REQUESTED BY THE COMPANY), IN A FORM REASONABLY ACCEPTABLE
TO THE COMPANY, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD OR ELIGIBLE TO BE SOLD PURSUANT TO RULE 144
OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN
ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES.


 


NanoVibronix,
Inc.


 


Warrant
To Purchase Capital Stock


 


Warrant No.:    2019-[__]


Date of Issuance: June 31, 2019 (“Issuance
Date”)


 


NanoVibronix, Inc.,
a Delaware corporation (the “Company”), hereby certifies that, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, [____________], the registered holder hereof or its permitted assigns
(the “Holder”), is entitled, subject to the terms set forth below, to purchase from the Company, at the
Exercise Price (as defined below) then in effect, upon exercise of this Warrant to Purchase Capital Stock (including any Warrants
to Purchase Capital Stock issued in exchange, transfer or replacement hereof, this “Warrant”), at any
time or times after the date hereof, but not after 11:59 p.m., New York time, on July 30, 2026, at the election of the Holder,
[____________] ([_______]) (subject to adjustment as provided herein) fully paid and nonassessable shares of Series E Convertible
Preferred Stock (as defined below) (collectively, the “Warrant Shares”).


 


1.
EXERCISE OF WARRANT.


 


(a) Mechanics of
Exercise. Subject to the terms and conditions hereof, this Warrant may be exercised by the Holder on any day after the Issuance
Date, in whole or in part, by delivery (whether via facsimile or otherwise) of a written notice, in the form attached hereto as
Exhibit A (the “Exercise Notice”), of the Holder’s election to exercise this Warrant.
Within one (1) Business Day following an exercise of this Warrant as aforesaid, the Holder shall deliver payment to the Company
of an amount in cash by wire transfer of immediately available funds equal to the Exercise Price in effect on the date of such
exercise multiplied by the number of Warrant Shares as to which this Warrant was so exercised or, if available, in the manner
set forth in Section 1(c) below (the “Aggregate Exercise Price”). The Holder shall not be required to
deliver the original of this Warrant in order to effect an exercise hereunder. Execution and delivery of an Exercise Notice with
respect to less than all of the Warrant Shares shall have the same effect as cancellation of the original of this Warrant and
issuance of a new Warrant evidencing the right to purchase the remaining number of Warrant Shares. Execution and delivery of an
Exercise Notice for all of the then-remaining Warrant Shares shall have the same effect as cancellation of the original of this
Warrant after delivery of the Warrant Shares in accordance with the terms hereof. On or before the first (1st) Business
Day following the date on which the Company has received an Exercise Notice and payment of the Aggregate Exercise Price for the
number of Warrant Shares for which this Warrant was so exercised, the Company shall transmit by facsimile an acknowledgment of
confirmation of receipt of such Exercise Notice to the Holder and the Company’s transfer agent for the Warrant Shares, if
any. On or before the third (3rd) Business Day following the date on which the Company has received such Exercise Notice
and payment of the Aggregate Exercise Price for the number of Warrant Shares for which this Warrant was so exercised, the Company
shall issue and deliver to the Holder or, at the Holder’s instruction pursuant to the Exercise Notice, the Holder’s
agent or designee, in each case, sent by reputable overnight courier to the address as specified in the applicable Exercise Notice,
a certificate, registered in the Company’s share register in the name of the Holder or its designee (as indicated in the
applicable Exercise Notice), for the number of shares of Series E Convertible Stock to which the Holder is entitled pursuant to
such exercise. Upon delivery of an Exercise Notice and payment of the Aggregate Exercise Price for the number of Warrant Shares
for which this Warrant was so exercised, the Holder shall be deemed for all corporate purposes to have become the holder of record
of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates
evidencing such Warrant Shares.


 






     


     


    

 


(b) Exercise Price.
For purposes of this Warrant, “Exercise Price” means a price per Warrant Share equal to $2.50, subject
to adjustment as provided herein.


 


(c) Cashless
Exercise. If at any time after the six month anniversary of the original Issuance Date of this Warrant, there is no
effective registration statement under the Securities Act of 1933, as amended (the “Securities
Act”), registering the resale of the Common Stock underlying the Series E Preferred Stock by the Holder, then
this Warrant may also be exercised, in whole or in part, by means of a “cashless exercise,” in which event the
Company shall issue to the Holder the number of Warrant Shares determined as follows:


 


	
         

         
	
         

        X=
	 
	 	 	 
	Where	X=	the number of Warrant Shares to be issued to the Holder.
	 	 	 
	 	Y=	the number of Warrant Shares purchasable upon exercise of all of the Warrant or, if only a portion of the Warrant is being exercised, the portion of the Warrant being exercised.
	 	 	 
	 	A=	the Exercise Price.
	 	 	 
	 	B=	the Per Share Market Value of one Warrant Share on the Business Day immediately preceding the date of such election.


 


(d) Fractional
Shares. The Company shall not be required to issue or cause to be issued fractional Warrant Shares on the exercise of
this Warrant. If any fraction of a Warrant Share would, except for the provisions of this Section, be issuable upon exercise
of this Warrant, the number of Warrant Shares to be issued will be rounded up to the nearest whole share.


 


(e) Insufficient
Authorized Shares. From and after the Issuance Date, the Company shall at all times keep reserved for issuance under this
Warrant a number of shares of Series E Convertible Preferred Stock as shall be necessary to satisfy the Company’s obligation
to issue shares of Series E Convertible Preferred Stock hereunder. If, notwithstanding the foregoing, and not in limitation thereof,
at any time while this Warrant remains outstanding the Company does not have a sufficient number of authorized and unreserved
shares of Series E Convertible Preferred Stock (an “Authorized Share Failure”) to satisfy its obligation
to reserve for issuance upon exercise of this Warrant (the “Required Reserve Amount”), then the Company
shall promptly take all action necessary to increase the Company’s authorized shares of Series E Convertible Preferred Stock,
as applicable, to an amount sufficient to allow the Company to reserve the Required Reserve Amount. Without limiting the generality
of the foregoing sentence, if the approval of the stockholders of the Company is required, as soon as practicable after the date
of the occurrence of an Authorized Share Failure, but in no event later than ninety (90) days after the occurrence of such Authorized
Share Failure, the Company shall hold a meeting of its stockholders for the approval of an increase in the number of authorized
shares of Series E Convertible Preferred Stock. In connection with such meeting, the Company shall provide each stockholder with
a proxy statement and shall use its reasonable best efforts to solicit its stockholders’ approval of such increase in authorized
shares Series E Convertible Preferred Stock, and to cause its board of directors to recommend to the stockholders that they approve
such proposal.


 






    2


     


    

 


2. ADJUSTMENT
OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES. Without limiting any provision of Section 4, if the Company, at any time after
the Issuance Date, (i) pays a stock dividend on one or more classes of its then outstanding shares of Series E Convertible Preferred
Stock, or otherwise makes a distribution on any class of capital stock that is payable in shares of Series E Convertible Preferred
Stock, (ii) subdivides (by any stock split, stock dividend, recapitalization or otherwise) one or more classes of its then outstanding
shares of Series E Convertible Preferred Stock into a larger number of shares or (iii) combines (by combination, reverse stock
split or otherwise) one or more classes of its then outstanding shares of Series E Convertible Preferred Stock into a smaller number
of shares, then in each such case (A) the Exercise Price shall be multiplied by a fraction of which the numerator shall be the
number of shares of Series E Convertible Preferred Stock outstanding immediately before such event and of which the denominator
shall be the number of shares of Series E Convertible Preferred Stock outstanding immediately after such event and (B) the number
of shares of Series E Convertible Preferred Stock for which this Warrant is exercisable immediately after the occurrence of any
such event shall be adjusted to equal the number of shares of Series E Convertible Preferred Stock which a record holder of the
same number of shares of Series E Convertible Preferred Stock for which this Warrant is exercisable immediately prior to the occurrence
of such event would own or be entitled to receive after the happening of such event. Any adjustment made pursuant to clause (i)
of this paragraph shall become effective immediately after the record date for the determination of stockholders entitled to receive
such dividend or distribution, and any adjustment pursuant to clause (ii) or (iii) of this paragraph shall become effective immediately
after the effective date of such subdivision or combination. If any event requiring an adjustment under this paragraph occurs during
the period that an Exercise Price is used in any calculation hereunder, then in such calculation such Exercise Price shall be adjusted
appropriately to reflect such event.


 


3.
REPRESENTATIONS AND WARRANTES OF HOLDER. The Holder hereby represents and warrants to the Company that:


 


(a)  Holder
acknowledges that this Warrant is issued to the Holder in reliance upon the Holder’s representation to the Company that this
Warrant will be acquired for investment for the Holder’s own account, not as a nominee or agent, and not with a view to the
resale or distribution of any part thereof, and that such Holder has no present intention of selling, granting any participation
in, or otherwise distributing the same. Holder further represents that the Holder does not have any contract, undertaking, agreement
or arrangement with any person to sell, transfer or grant participations to such person or to any third person, with respect to
this Warrant.


 


(b) Holder
is an investor in securities of companies in the development stage and acknowledges that it, he or she is able to fend for itself,
himself or herself, can bear the economic risk of its, his or her investment, and has such knowledge and experience in financial
or business matters that it, he or she is capable of evaluating the merits and risks of the investment in this Warrant. Holder
also represents it, he or she has not been organized solely for the purpose of acquiring this Warrant.


 


(c) Holder
is an “accredited investor” within the meaning of Rule 501 of Regulation D, as presently in effect, as promulgated
by the Securities and Exchange Commission (the “SEC”) under the Securities Act.


 






    3


     


    

 


(d) Holder
understands that this Warrant is characterized as a “restricted security” under the federal securities laws inasmuch
as it is being acquired from the Company in a transaction not involving a public offering and that under such laws and applicable
regulations such securities may be resold without registration under the Securities Act only in certain limited circumstances.
In this connection, Holder represents that it is familiar with Rule 144 as promulgated by the SEC under the Securities Act, as
presently in effect, and understands the resale limitations imposed thereby and by the Securities Act.


 


4.
FUNDAMENTAL TRANSACTIONS.


 


(a) Fundamental
Transactions. Prior to the consummation of each Fundamental Transaction pursuant to which holders of shares of Series E Convertible
Preferred Stock are entitled to receive securities or other assets with respect to or in exchange for shares of Series E Convertible
Preferred Stock (a “Corporate Event”), the Company shall make appropriate provision to insure that the
Holder will thereafter have the right to receive upon an exercise of this Warrant at any time after the consummation of the applicable
Fundamental Transaction but prior to the Expiration Date, in lieu of the shares of the Series E Convertible Preferred Stock (or
other securities, cash, assets or other property) issuable upon the exercise of the Warrant prior to such Fundamental Transaction,
such shares of stock, securities, cash, assets or any other property whatsoever (including warrants or other purchase or subscription
rights) which the Holder would have been entitled to receive upon the happening of the applicable Fundamental Transaction had
this Warrant been exercised immediately prior to the applicable Fundamental Transaction (without regard to any limitations on
the exercise of this Warrant). Provision made pursuant to the preceding sentence shall be in a form and substance reasonably satisfactory
to the Holder.


 


(b) Application.
The provisions of this Section 4 shall apply similarly and equally to successive Fundamental Transactions and Corporate Events.


 


5. NONCIRCUMVENTION.
The Company hereby covenants and agrees that the Company will not, by amendment of the Company’s certificate of incorporation,
the Company’s bylaws or through any reorganization, transfer of assets, consolidation, merger, scheme of arrangement, dissolution,
issue or sale of securities, or any other voluntary action, avoid or seek to avoid the observance or performance of any of the
terms of this Warrant, and will at all times in good faith carry out all the provisions of this Warrant and take all action as
may be required to protect the rights of the Holder. Without limiting the generality of the foregoing, the Company (i) shall
not increase the par value of any shares of Series E Convertible Preferred Stock receivable upon the exercise of this Warrant above
the Exercise Price then in effect and (ii) shall take all such actions as may be reasonably necessary or appropriate in order
that the Company may validly and legally issue fully paid and nonassessable shares of Series E Convertible Preferred Stock upon
the exercise of this Warrant.


 


6. WARRANT
HOLDER NOT DEEMED A STOCKHOLDER. Except as otherwise specifically provided herein, the Holder, solely in its capacity as a
holder of this Warrant, shall not be entitled to vote or receive dividends or be deemed the holder of share capital of the Company
for any purpose, nor shall anything contained in this Warrant be construed to confer upon the Holder, solely in its capacity as
the Holder of this Warrant, any of the rights of a stockholder of the Company or any right to vote, give or withhold consent to
any corporate action (whether any reorganization, issue of stock, reclassification of stock, consolidation, merger, conveyance
or otherwise), receive notice of meetings, receive dividends or subscription rights, or otherwise, prior to the issuance to the
Holder of the Warrant Shares which it is then entitled to receive upon the due exercise of this Warrant. In addition, nothing contained
in this Warrant shall be construed as imposing any liabilities on the Holder to purchase any securities (upon exercise of this
Warrant or otherwise) or as a stockholder of the Company, whether such liabilities are asserted by the Company or by creditors
of the Company. Notwithstanding this Section 6, the Company shall provide the Holder with copies of the same notices and other
information given to the stockholders of the Company generally, contemporaneously with the giving thereof to the stockholders.


 






    4


     


    

 


7. REISSUANCE
OF WARRANTS.


 


(a) Transfer of
Warrant. If this Warrant is to be transferred, the Holder shall surrender this Warrant to the Company, whereupon the Company
will forthwith issue and deliver upon the order of the Holder a new Warrant (in accordance with Section 7(d)), registered as the
Holder may request, representing the right to purchase the number of Warrant Shares being transferred by the Holder and, if less
than the total number of Warrant Shares then underlying this Warrant is being transferred, a new Warrant (in accordance with Section
7(d)) to the Holder representing the right to purchase the number of Warrant Shares not being transferred.


 


(b) Lost, Stolen
or Mutilated Warrant. Upon receipt by the Company of evidence reasonably satisfactory to the Company of the loss, theft, destruction
or mutilation of this Warrant (as to which a written certification and the indemnification contemplated below shall suffice as
such evidence), and, in the case of loss, theft or destruction, of any indemnification undertaking by the Holder satisfactory
to the Company and, in the case of mutilation, upon surrender and cancellation of this Warrant, the Company shall execute and
deliver to the Holder a new Warrant (in accordance with Section 7(d)) representing the right to purchase the Warrant Shares then
underlying this Warrant.


 


(c) Exchangeable
for Multiple Warrants. This Warrant is exchangeable, upon the surrender hereof by the Holder at the principal office of the
Company, for a new Warrant or Warrants (in accordance with Section 7(d)) representing in the aggregate the right to purchase the
number of Warrant Shares then underlying this Warrant, and each such new Warrant will represent the right to purchase such portion
of such Warrant Shares as is designated by the Holder at the time of such surrender; provided, however, no warrants for fractional
shares of Series E Convertible Preferred Stock shall be given.


 


(d) Issuance of
New Warrants. Whenever the Company is required to issue a new Warrant pursuant to the terms of this Warrant, such new Warrant
(i) shall be of like tenor with this Warrant, (ii) shall represent, as indicated on the face of such new Warrant, the right to
purchase the Warrant Shares then underlying this Warrant (or in the case of a new Warrant being issued pursuant to Sections 7(a)
or 7(c), the Warrant Shares designated by the Holder which, when added to the number of shares of Series E Convertible Preferred
Stock underlying the other new Warrants issued in connection with such issuance, does not exceed the number of Warrant Shares
then underlying this Warrant), (iii) shall have an issuance date, as indicated on the face of such new Warrant which is the same
as the Issuance Date, and (iv) shall have the same rights and conditions as this Warrant.


 


8. NOTICES.
Except as may be otherwise provided herein, all notices, requests, waivers and other communications made pursuant to this Warrant
shall be in writing to the addresses set forth on the signature pages hereof and shall be deemed effectively given: (i) upon
personal delivery to the party to be notified, (ii) when sent by confirmed electronic mail or facsimile if sent during normal
business hours of the recipient; if not, then on the next business day, (iii) five days after having been sent by registered
or certified mail, return receipt requested, postage prepaid, or (iv) one (1) day after deposit with an internationally
recognized overnight courier, specifying next day delivery, with written verification of receipt.


 


9. NOTICES
OF CERTAIN CORPORATE ACTIONS. The Company shall provide the Holder with prompt written notice of all actions taken pursuant
to this Warrant, including in reasonable detail a description of such action and the reason therefor. Without limiting the generality
of the foregoing, the Company will give written notice to the Holder (i) immediately upon each adjustment of the Exercise Price
and the number of Warrant Shares, setting forth in reasonable detail, and certifying, the calculation of such adjustment(s) and
(ii) at least fifteen (15) days prior to the date on which the Company closes its books or takes a record (A) with respect to any
dividend or distribution upon the shares of Series E Convertible Preferred Stock, (B) with respect to any grants, issuances or
sales of any Options, Convertible Securities or rights to purchase stock, warrants, securities or other property to holders of
shares of Series E Convertible Preferred Stock or (C) for determining rights to vote with respect to any Fundamental Transaction,
dissolution or liquidation, provided in each case that such information shall be made known to the public prior to or in conjunction
with such notice being provided to the Holder and (iii) at least ten (10) Business Days prior to the consummation of any Fundamental
Transaction.


 






    5


     


    

 


10. AMENDMENT
AND WAIVER. Except as otherwise provided herein, the provisions of this Warrant may be amended and the Company may take any
action herein prohibited, or omit to perform any act herein required to be performed by it, only if the Company has obtained the
written consent of the Holder. No waiver shall be effective unless it is in writing and signed by an authorized representative
of the waiving party.


 


11. SEVERABILITY.
If any provision of this Warrant is prohibited by law or otherwise determined to be invalid or unenforceable by a court of competent
jurisdiction, the provision that would otherwise be prohibited, invalid or unenforceable shall be deemed amended to apply to the
broadest extent that it would be valid and enforceable, and the invalidity or unenforceability of such provision shall not affect
the validity of the remaining provisions of this Warrant so long as this Warrant as so modified continues to express, without material
change, the original intentions of the parties as to the subject matter hereof and the prohibited nature, invalidity or unenforceability
of the provision(s) in question does not substantially impair the respective expectations or reciprocal obligations of the parties
or the practical realization of the benefits that would otherwise be conferred upon the parties. The parties will endeavor in good
faith negotiations to replace the prohibited, invalid or unenforceable provision(s) with a valid provision(s), the effect of which
comes as close as possible to that of the prohibited, invalid or unenforceable provision(s).


 


12. GOVERNING
LAW. This Warrant shall be governed by and construed and enforced in accordance with, and all questions concerning the construction,
validity, interpretation and performance of this Warrant shall be governed by, the internal laws of the State of New York, without
giving effect to any choice of law or conflict of law provision or rule (whether of the State of New York or any other jurisdictions)
that would cause the application of the laws of any jurisdictions other than the State of New York.


 


13. REMEDIES,
CHARACTERIZATION, OTHER OBLIGATIONS, BREACHES AND INJUNCTIVE RELIEF. The remedies provided in this Warrant shall be
cumulative and in addition to all other remedies available under this Warrant at law or in equity (including a decree of
specific performance and/or other injunctive relief), and nothing herein shall limit the right of the Holder to pursue actual
damages for any failure by the Company to comply with the terms of this Warrant. The Company covenants to the Holder that
there shall be no characterization concerning this instrument other than as expressly provided herein. Amounts set forth or
provided for herein with respect to payments, exercises and the like (and the computation thereof) shall be the amounts to be
received by the Holder and shall not, except as expressly provided herein, be subject to any other obligation of the Company
(or the performance thereof). The Company acknowledges that a breach by it of its obligations hereunder will cause
irreparable harm to the Holder and that the remedy at law for any such breach may be inadequate. The Company therefore agrees
that, in the event of any such breach or threatened breach, the holder of this Warrant shall be entitled, in addition to all
other available remedies, to an injunction restraining any breach, without the necessity of showing economic loss and without
any bond or other security being required. The Company shall provide all information and documentation to the Holder that is
requested by the Holder to enable the Holder to confirm the Company’s compliance with the terms and conditions of this
Warrant (including, without limitation, compliance with Section 2 hereof). The issuance of shares and certificates for shares
as contemplated hereby upon the exercise of this Warrant shall be made without charge to the Holder or such shares for any
issuance tax or other costs in respect thereof, provided that the Company shall not be required to pay any tax which may be
payable in respect of any transfer involved in the issuance and delivery of any certificate in a name other than the Holder
or its agent on its behalf.


 



    6


     


    

 


14. TRANSFER.
This Warrant may not be offered for sale, sold, transferred or assigned by the Holder except in a manner consistent with the restrictive
legend on the first page of this Warrant; provided, however, that no such assignment shall relieve the Holder of
its obligations hereunder if such assignee fails to perform such obligations.


 


15. CERTAIN
DEFINITIONS. For purposes of this Warrant, the following terms shall have the following meanings:


 


(a) “Affiliate”
means any person or entity that, directly or indirectly through one or more intermediaries, controls or is controlled by or is
under common control with a person or entity, as such terms are used in and construed under Rule 144 under the Securities Act.
With respect to a Holder, any investment fund or managed account that is managed on a discretionary basis by the same investment
manager as such Holder will be deemed to be an Affiliate of such Holder.


 


(b) “Business
Day” means any day other than Saturday, Sunday or other day on which commercial banks in the city of New York, New
York are authorized or required by law to remain closed.


 


(c) “Common
Stock” means the common stock of the Company.


 


(d) “Common
Stock Equivalent” means any Convertible Security or warrant, Option or other right to subscribe for or purchase any
share of Common Stock, Series E Convertible Preferred Stock or any Convertible Security.


 


(e) “Convertible
Securities” means any stock or other security (other than Options) that is at any time and under any circumstances,
directly or indirectly, convertible into, exercisable or exchangeable for, or which otherwise entitles the holder thereof to acquire,
any shares of Common Stock or Series E Convertible Preferred Stock.


 


(f)
“Fundamental Transaction” means that (i) the Company or any of its subsidiaries shall, directly or indirectly,
in one or more related transactions, (1) consolidate or merge with or into (whether or not the Company or any of its subsidiaries
is the surviving corporation) any other Person, or (2) sell, lease, license, assign, transfer, convey or otherwise dispose of all
or substantially all of its respective properties or assets to any other Person, or (3) allow any other Person to make a purchase,
tender or exchange offer that is accepted by the holders of more than 50% of the outstanding shares of Voting Stock of the Company
(not including any shares of Voting Stock of the Company held by the Person or Persons making or party to, or associated or affiliated
with the Persons making or party to, such purchase, tender or exchange offer), or (4) consummate a stock or share purchase agreement
or other business combination (including, without limitation, a reorganization, recapitalization, spin-off or scheme of arrangement)
with any other Person whereby such other Person acquires more than 50% of the outstanding shares of Voting Stock of the Company
(not including any shares of Voting Stock of the Company held by the other Person or other Persons making or party to, or associated
or affiliated with the other Persons making or party to, such stock or share purchase agreement or other business combination),
or (5) reorganize, recapitalize or reclassify the Common Stock, or (ii) any “person” or “group” (as these
terms are used for purposes of Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”) and the rules and regulations promulgated thereunder) is or shall become the “beneficial owner”
(as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of 50% of the aggregate ordinary voting power represented
by issued and outstanding Voting Stock of the Company.


 






    7


     


    

 


(g) “Per
Share Market Value” means on any particular date (a) the closing sales price per share of the Series E Convertible
Preferred Stock on such date on any registered national securities exchange on which the Series E Convertible Preferred Stock is
then listed, or if there is no such closing sales price on such date, then the closing sales price on such exchange on the date
nearest preceding such date, or (b) if the Series E Convertible Preferred Stock is not then listed on a registered national securities
exchange, the closing sales price for a share of Series E Convertible Preferred Stock in the over-the-counter market, as reported
by the OTC Bulletin Board or the OTC Markets Group, Inc. (or similar organization or agency succeeding to its functions of reporting
prices) at the close of business on such date, or (c) if the Series E Preferred Stock is not then reported by the OTC Bulletin
Board or the OTC Markets Group, Inc. (or similar organization or agency succeeding to its functions of reporting prices), the fair
market value of a share of Series E Convertible Preferred Stock as determined by the Company’s board of directors, acting
in good faith. In determining the fair market value of any shares of Series E Convertible Preferred Stock no consideration shall
be given to any restrictions on transfer of the Series E Convertible Preferred Stock imposed by agreement or by federal or state
securities laws, or to the existence or absence of, or any limitations on, voting rights.


 


(h) “Options”
means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.


 


(i) “Person”
means an individual, a limited liability company, a partnership, a joint venture, a corporation, a trust, an unincorporated organization,
any other entity or a government or any department or agency thereof.


 


(j) “Series
E Convertible Preferred Stock” means the Series E Convertible Preferred Stock of the Company.


 


(k) “Voting
Stock” of a Person means capital stock of such Person of the class or classes pursuant to which the holders thereof
have the general voting power to elect, or the general power to appoint, at least a majority of the board of directors, managers
or trustees of such Person (irrespective of whether or not at the time capital stock of any other class or classes shall have or
might have voting power by reason of the happening of any contingency).


 


[signature page follows]


 




    8


     


    

 


IN WITNESS WHEREOF,
the Company and the Holder have caused this Warrant to Purchase Capital Stock to be duly executed as of the Issuance Date set out
above.


 


	 	NanoVibronix,
    Inc.
	 	 	 
	 	By:	/s/
    Brian Murphy
	 	 	Name: Brian Murphy
	 	 	Title: Chief Executive Officer
	 	 	 
	 	Address:
	 	 
	 	NANOVIBRONIX, INC.
	 	525 EXECUTIVE BOULEVARD
	 	ELMSFORD NY 10523
	 	 	 
	 	[_________________]
	 	 	 
	 	By:	                             
	 	 	Name:
	 	 	Title:



 


	 	Address:
    _____________________________


    




     


     


    

 


EXHIBIT A


 


EXERCISE NOTICE


 


TO BE EXECUTED BY THE REGISTERED HOLDER
TO EXERCISE THIS


WARRANT TO PURCHASE CAPITAL STOCK


 


NanoVibronix,
Inc.


 


The undersigned holder
hereby exercises the right to purchase _________________ of the shares of Series E Convertible Preferred Stock (“Warrant
Shares”) of NanoVibronix, Inc., a Delaware corporation (the “Company”), evidenced by Warrant
No. _______ (the “Warrant”). Capitalized terms used herein and not otherwise defined shall have the respective
meanings set forth in the Warrant.


 


1. Payment
of Exercise Price. The Holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance
with the terms of the Warrant.


 


2. Delivery
of Warrant Shares. The Company shall deliver to Holder, or its designee or agent as specified below, ___________ shares of
Series E Convertible Preferred Stock in accordance with the terms of the Warrant. Delivery shall be made to Holder, or for its
benefit, to the following address:


 


_______________________


_______________________


_______________________


_______________________


 


Date: _______________ __, ______


  


	 	 
	Name of Registered Holder	 


 


	By:	                     	 
	 	Name:	 
	 	Title: