Exhibit 10.10

  Exhibit 10.10
  
 WARRANT TO PURCHASE 
 ________ SHARES OF THE COMMON STOCK
  
 OF
  
 TRANS-LUX CORPORATION
  
 Issuance Date: December 31, 2020
  
 This Warrant has not been registered under the Securities Act of 1933, as amended (the “Act”) or any securities laws of the State of New York. This Warrant (and any shares of common stock issued upon exercise thereof, the “Warrant Shares”) has been acquired for 
 investment (and not with a view toward distribution or resale) directly from Trans-Lux Corporation (the “Company”) in a transaction not involving any public offering, and must be held for the minimum period of time as may be required by applicable federal or state Securities Laws. No sale, pledge or other transfer or disposition of the Warrant or Warrant Shares, or of any interest therein, may be made unless in compliance with the terms herein and unless and until (i) a registration statement under the Act has been filed with the Securities and Exchange Commission and pursuant to any applicable state securities laws and has become effective with respect to such transfer or (ii) the Company shall have received an opinion of counsel reasonably satisfactory to it and in form and substance reasonably satisfactory to it that registration under the Act and applicable state law is not required with respect to the intended transfer. An opinion of counsel that routinely is involved in the practice of securities law shall be sufficient for the aforesaid purposes, and upon delivery of same the Warrant Holder (as hereinafter defined) shall be entitled to sell, pledge, transfer or dispose of the Warrant or Warrant Shares. As used throughout, any law, regulation, rule, etc. governing the issuance and sale of securities and promulgated by any state or Federal authority having jurisdiction thereto shall be referred to as “Securities Law” or “Securities Laws”.
 
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 Any purported sale, pledge or other transfer or disposition of this Warrant or of the Warrant Shares in violation of any provision of this Warrant (including, but not limited to the above securities laws restrictions) shall be null and void.
 This certifies that in connection with the consummation of a transaction with Craftsmen Industries, Inc., whereby a Guaranty was given by Warrant Holder and other good and valuable consideration given by __________, his successors and/or assigns (“Warrant Holder”) to the Company the receipt of which is hereby acknowledged, Warrant Holder is entitled to purchase, subject to the provisions of this Warrant, for a period of four years from the issuance of the Warrant, but not thereafter, from the Company, an amount of the Company’s common stock equal to up to ________ shares of the Company’s common stock on a fully diluted basis, as adjusted pursuant to this Warrant, such shares being referred to as the “Warrant Shares”.  The initial purchase price per share payable upon the exercise of this Warrant shall be $1.00 per share (the “Warrant Price”),
 This Warrant is subject to the following terms and conditions:
  
 1.                                          Exercise of Warrant.
  
 A.                This Warrant may be exercised in whole or in part by Warrant Holder or the registered holder at any time within four years from the issuance date of the Warrant, upon the following terms and conditions:
  
 The Warrant Holder and/or the registered holder hereof shall be entitled to exercise this Warrant, at any time within four years after the issuance date of the Warrant.
 
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 Warrant Holder and/or the registered holder hereof must give written notice at the offices of the Company of its intention to exercise the Warrant in whole or in part. Upon delivery of this Warrant at the offices of the Company or at such other address as the Company may designate by notice in writing to Warrant Holder with the Notice of Exercise annexed hereto duly executed, accompanied by payment of the Warrant Price for the number of Warrant Shares purchased, the Warrant Holder and/or the registered holder of this Warrant shall be entitled to receive a certificate or certificates for the Warrant Shares so purchased and the Company agrees that at all times during the term of this Warrant it shall cause to be reserved for issuance such number of shares of its common stock as shall be required for issuance and delivery upon exercise of this Warrant. In the event of a partial exercise and purchase of Warrant Shares, the Company shall issue an exchange warrant that can thereafter be utilized to exercise for purchase of the remaining Warrant Shares not as yet purchased, which warrant shall be issued on the same terms and conditions as set forth herein, but adjusted for the remaining number of shares that are subject to the Warrant.
  
 2.                                          Transfer or Assignment of Warrant.
  
 Any assignment or transfer of this Warrant which is permissible shall be made by surrender of this Warrant at the offices of the Company or at such other address as the Company may designate in writing to the Warrant Holder or the registered holder hereof with the Assignment Form annexed hereto duly executed and accompanied by payment of any requisite transfer taxes and the Company shall, provided all conditions with respect thereto as set forth herein, if any, have been complied with, without charge, execute and deliver a new Warrant of like tenor and amount in the name of the assignee or transferee.  The Company shall process such transfer in a timely manner and agrees to complete the transfer within five (5) business days after tender of the appropriate documents necessary for such transfer.
  
 
3.                                          Charges, Taxes and Expenses.
  
 The issuance of certificates for shares of common stock upon any exercise of this Warrant shall be made without charge to the Warrant Holder or the registered holder hereof for any stock transfer tax or other expense in respect to the issuance of such certificates, and all of such taxes and expenses shall be paid by the Company, and such certificates shall be issued only in the name of the registered holder of this Warrant.
 
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  4.                                          Dilution Protection.
  
 A.                In the event the Company shall (i) declare a dividend on its common stock in shares of common stock or make a distribution in shares of common stock, (ii) declare a stock split or reverse stock split of its outstanding shares of common stock, (iii) combine its outstanding shares of common stock into a smaller number of shares of common stock, or (iv) issue by reclassification of its shares of common stock other securities (including any such reclassification in connection with a consolidation or merger in which the Company or any of its subsidiaries is the continuing corporation), then the number of shares of common stock of the Company, deliverable to Warrant Holder hereunder and the exercise price related thereto shall be adjusted so that Warrant Holder shall be entitled to receive the kind and number of shares of common stock of the Company which Warrant Holder has the right to receive, upon the happening of any of the events described above, with respect to the shares of the Company stock which were otherwise deliverable pursuant herein. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event.
 B.                 Whenever the number of Warrant Shares or the exercise price of this Warrant is adjusted pursuant to this paragraph, the Company shall promptly mail by first class mail, postage prepaid, to Warrant Holder, notice of such adjustment or adjustments.
  
 5.                                          Miscellaneous.
  
 A.                The terms of this Warrant shall be binding upon and shall inure to the benefit of any successors or assigns of the Company and of the holder or holders hereof and of the Warrant Shares. Upon 10 days’ prior written notice to the Company, Warrant Holder or the registered holder shall be entitled to assign or transfer the Warrant or Warrant Shares provided that such transfer complies with all applicable securities laws.
  
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 B.                No holder of this Warrant, as such, shall be entitled to vote or receive dividends or be deemed to be a stockholder of the Company for any purpose, nor shall anything contained in this Warrant be construed to confer upon the holder of this Warrant, as such, any rights of a stockholder of the Company or any right to vote, give or withhold consent to any corporate action, receive dividends or subscription rights, or otherwise.
 C.                 Receipt of this Warrant or the Warrant Shares shall constitute agreement to all the terms and conditions contained herein including, but not limited to, the Securities Laws restrictions, and shall be deemed a representation of investment intent without a view toward distribution or resale.
 D.                 This Warrant and the performance of the parties hereunder shall be construed and interpreted in accordance with the laws of the State of New York and the Courts located in New York County, New York shall have exclusive jurisdiction with respect to all controversies and disputes arising hereunder.
 E.                All notices shall be in writing and shall be deemed to have been properly given (i) upon delivery, if delivered in person, (ii) one (1)business day after having been deposited for overnight delivery with any reputable overnight courier service, or (iii) three (3) business days after having been deposited in any post office or mail depository regularly maintained by the U.S. Postal Service and sent by certified mail, postage prepaid, return receipt requested, addressed as follows:
  
 If to Warrant Holder:
  
 ______________________                     
 ______________________                    
 ______________________                    
  
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 If to the Company:
 Trans-Lux Corporation
 135 East 57th Street, 14th Floor New York, NY 10022 Attention: Nicholas J. Fazio, Chief Executive Officer
  
 with a copy to:
  
 Durkin Law, LLC
 101 Hudson Street, Suite 2100
 Jersey City, NJ  07302
 Attention: Thomas E. Durkin, III, Esq.
  
 6.            Disposition of this Warrant and the Warrant Shares and Registration Under Securities Laws 
 A.          The holder of this Warrant or the Warrant Shares, by acceptance hereof agrees, prior to the disposition of any such Warrant or Warrant Shares, to give written notice to the Company expressing such holder’s intention to effect such disposition and describing the manner thereof.
 B.                 The holder also understands (i) that the Warrant and the Warrant Shares have not been and will not be registered under the Act and any applicable state securities law and that the Company is and will be relying upon an exemption from the registration requirements providing for issuance of securities not involving any public offering, (ii) that the Company has relied upon the fact that the Warrant and Warrant Shares will be held for investment and without a view to distribution. The holder confirms to the Company that it is acquiring the Warrant and the Warrant Shares for its own account for investment and not with a view to the resale or distribution thereof, and Warrant Holder shall be entitled to assign the Warrant or Warrant Shares to any third party provided that such transfer is made in accordance with applicable securities laws.
  
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   C.                Any substitute Warrant and each certificate for the Warrant Shares shall contain a legend on the face thereof, in form and substance satisfactory to counsel for the Company, setting forth the restrictions on transfer contained in this Warrant (including, but not limited to, the above Securities Law restrictions).
 D.                 Warrant Holder has made an investigation of the Company and its business and has had available to it all information with respect thereto which it needed to make an informed investment decision prior to the issuance of this Warrant.
  
 7.                  Amendment to Warrant.
  
 Notwithstanding any of the provisions of this Warrant to the contrary, any of the  provisions of this Warrant may only be changed by a writing executed by Warrant Holder or the registered holder and the Company.
  
  
 [Signature Page Follows]
  
  
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  IN WITNESS WHEREOF, the Company has caused this Warrant to be signed by its duly authorized officer.
  
  
 TRANS-LUX CORPORATION
  
  
 By:                                                                                  
 Name:     Nicholas J. Fazio
 Title:       Chief Executive Officer
 Agreed to and Accepted:
  
 WARRANT HOLDER:
  
  
                                                             
  
 ___________________


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 SCHEDULE A
  
 NOTICE OF EXERCISE
  
  
  
 (To be executed by the Warrant Holder to exercise the Warrant) 
 TO:            Trans-Lux Corporation
 Date:                                
  
 (1)               The undersigned hereby elects to exercise the attached Warrant for and to purchase thereunder,                                   Warrant Shares, and herewith makes payment therefor of $                    
 
  
 (2)               Please issue a certificate or certificates representing said Warrant Shares in the name of the undersigned or in such other name as is specified below:
  
  
 	 (Name)

	
	  

	 (Address)

	
	  


  
 The Warrant Shares shall be delivered to the following DWAC Account Number:
  
 	  

	  

	  


  
  
 (3)       Accredited Investor. The undersigned is an“accredited investor”as defined in Regulation D promulgated under the Securities Act of 1933, as amended.
  
  
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 (4)               Please issue a new Warrant for the unexercised portion of the attached Warrant in the name of the undersigned or in such other name as is specified below:
  
  			 (Name)

	  
		  

	 (Date)
		 (Signature)

			  

			 (Address)



  
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 ASSIGNMENT FORM
  
  
 (To be executed by                                            in the event of an Assignment or Transfer of the Warrant)
  
  
 TO:      Trans-Lux Corporation
  
  
  	 Name

	  

	 Address

	  

	 

 

	  

	 Signature

	  

	 Name of Registered Holder

	 (Please Print)



  
 Dated:
  
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