Document:

EX-10.3

 Exhibit 10.3 

Execution Copy 
 SIXTH
AMENDMENT TO CREDIT AGREEMENT 
 AND 

CONSENT 
 This SIXTH
AMENDMENT TO CREDIT AGREEMENT AND CONSENT (this “Amendment”) is made and entered into as of July 3, 2018, by and among (i) FRONTIER COMMUNICATIONS CORPORATION (the “Borrower”),
(ii) COBANK, ACB, as Administrative Agent (the “Administrative Agent”), and (iii) the Lenders and Voting Participants under the Credit Agreement defined below that have executed this Amendment. Capitalized terms
used herein and not otherwise defined herein have the meanings assigned to them in the Credit Agreement defined below. 
 RECITALS

 WHEREAS, the Borrower, the Administrative Agent and the Lenders have entered into that certain Credit Agreement, dated as
of June 2, 2014 (as amended by that certain First Amendment to Credit Agreement, dated as of October 3, 2014, that certain Second Amendment to Credit Agreement, dated as of March 5, 2015, that certain Third Amendment and Waiver to
Credit Agreement, dated as of March 30, 2016, that certain Fourth Amendment to Credit Agreement, dated as of March 29, 2017, and that certain Fifth Amendment to Credit Agreement, dated as of January 25, 2018 and as it may be further
amended, restated, amended and restated, modified, supplemented or extended from time to time, the “Credit Agreement”); and 

WHEREAS, pursuant to the Amended and Restated Pledge Agreement, dated as of May 2, 2017 (as amended, restated, amended and
restated, modified and supplemented from time to time prior to the date hereof, the “Existing Pledge Agreement”), by and among each Pledgor (as defined therein) party thereto from time to time (the “Existing
Pledgors”), the Collateral Agent (as defined therein), the Administrative Agent and the other Secured Representatives (as defined therein) party thereto, the Existing Pledgors have granted to the Collateral Agent, for the benefit of the
Secured Parties, a lien on and security interest in the Pledged Collateral (as defined therein); and 
 WHEREAS, pursuant to that
certain Security Agreement, dated as of August 14, 2017 (as amended, restated, amended and restated, modified and supplemented from time to time, the “Newco Security Agreement”), by and among Newco West Holdings LLC, a
Delaware limited liability company (“Newco West”), the Collateral Agent, the Administrative Agent and the other Secured Representatives (as defined therein) party thereto, Newco West has granted to the Collateral Agent, for
the benefit of the Secured Parties, a lien on and security interest in substantially all of its assets to secure the payment and performance of all of the Secured Obligations; and 

WHEREAS, pursuant to that certain Guaranty Agreement, dated as of May 2, 2017 (as amended by that certain Accession Agreement
dated as of October 16, 2017 (the “TCI Accession”), and as further amended, restated, amended and restated, modified and supplemented from time to time, the “Guaranty Agreement”), TCI Equipment
LLC, a Delaware limited liability company (“TCI Guarantor”) has guaranteed, among other things, the payment and performance of all of the Secured Obligations; and 

 WHEREAS, the Borrower, Newco West, TCI Guarantor and the Existing Pledgors, as applicable,
have requested that on the Sixth Amendment Effective Date (as defined below) the following modifications, among others, be made with respect to the guarantees and Liens securing the Secured Obligations (collectively, the “Collateral
Modification”): (i) the Newco Security Agreement be terminated and the Liens granted pursuant thereto be released, (ii) all of the Existing Pledgors (except for the Borrower) (the “Released Pledgors”) be
released from all of their obligations under the Existing Pledge Agreement and the Collateral Agent’s Liens on and in all of the Collateral granted by the Released Pledgors pursuant thereto be released, (iii) the Collateral Agent accept
certain replacement Collateral by (x) amending and restating the Existing Pledge Agreement and (y) entering into a new security agreement by Frontier Video Services Inc., a Delaware corporation (“Frontier Video”),
in favor of the Collateral Agent for the benefit of the Secured Parties and (iv) TCI Guarantor cease to be a Guarantor under the Loan Documents and be released from all of its obligations under the Guaranty Agreement, in each case, as more
fully set forth below; and 
 WHEREAS, pursuant to Sections 10.13 (Authorization to Release Collateral) and 11.1 (Modifications,
Amendments or Waivers) of the Credit Agreement, the Lenders and the Voting Participants constituting the Requisite Lenders may authorize the Administrative Agent to make, or consent to making, the Collateral Modifications and other amendments,
releases and consents set forth in Sections 1 and 2; and 
 WHEREAS, the Lenders and the Voting
Participants party to this Amendment (each, a “Consenting Lender”), being Lenders and Voting Participants constituting Requisite Lenders, have agreed to amend the Credit Agreement in the manner set forth below in
Section 1 and have agreed to the Collateral Modifications and provided the consents set forth in Section 2. 

NOW, THEREFORE, in consideration of the foregoing and the agreements set forth in this Amendment, each of the Borrower, the
Administrative Agent, the Lenders and Voting Participants party hereto, being Lenders and Voting Participants constituting Requisite Lenders, hereby agree and direct as follows: 

SECTION 1. Amendments to Credit Agreement. Upon satisfaction of the conditions set forth in
Section 3, the Credit Agreement is hereby amended as follows: Section 1.1 (Certain Definitions) of the Credit Agreement is hereby amended by amending and restating the following definitions so that they read in their entirety as follows:

 “Adjusted LIBOR Rate” means for the Interest Period for any LIBOR Rate Loan, an interest rate per annum
(rounded upward, if necessary, to the next whole multiple of 1/100 of 1%) equal to (i) the LIBOR Rate for such Interest Period multiplied by (ii) the Statutory Reserve Rate for such Interest Period; provided that, in no event
shall the Alternate LIBOR Rate be less than 0.00%. 

  
 2 

 “Collateral Documents” means, collectively, the Pledge
Agreement, the Security Agreement, the Intercreditor Agreements (if any) and all other agreements, instruments and documents executed in connection with this Agreement that are intended to create, perfect or evidence Liens to secure the Secured
Obligations, including, without limitation, all other security agreements, pledge agreements, loan agreements, notes, guarantees, pledges, powers of attorney, consents, assignments, contracts, fee letters, notices, financing statements and all other
written matter whether heretofore, now or hereafter executed by the Borrower or any of its Subsidiaries and delivered to the Administrative Agent. 

“Net Proceeds” has the meaning given to such term in the 2017 JPMC Credit Facility (as in effect on the Sixth
Amendment Effective Date). 
 “Pledge Agreement” means that certain Second Amended and Restated Pledge
Agreement, dated as of July 3, 2018, by and among the Pledgors party thereto, the Collateral Agent, the Administrative Agent and the other Secured Representatives (as defined in the Pledge Agreement) party thereto, as may be amended, restated,
amended and restated, supplemented, re-affirmed or otherwise modified from time to time. 

“Pledged Subsidiary” means any Subsidiary whose issued and outstanding equity interests are pledged pursuant
to the Pledge Agreement. As of the Sixth Amendment Effective Date, the Pledged Subsidiaries means those entities listed on Schedule B. 

“Pledgor” means the Borrower and each Subsidiary of the Borrower that has pledged Pledged Collateral pursuant
to the Pledge Agreement. As of the Sixth Amendment Effective Date, the Pledgor means the Borrower. 
 “Security
Agreement” means that certain Security Agreement, dated as of July 3, 2018, by and among Frontier Video Services Inc., a Delaware corporation, the Collateral Agent, the Administrative Agent and the other Secured Representatives (as
defined in the Security Agreement) party thereto, as may be amended, restated, amended and restated, supplemented, re-affirmed or otherwise modified from time to time. 

(B) Section 1.1 (Certain Definitions) of the Credit Agreement is hereby amended by adding the following new definitions to read in their
entirety as follows: 
 “Sixth Amendment” shall mean that certain Sixth Amendment to Credit Agreement and
Consent, dated as of July 3, 2018 by and among Borrower, the Lenders party thereto, and the Administrative Agent. 

“Sixth Amendment Effective Date” has the meaning assigned to such term in the Sixth Amendment. 

“Specified Subsidiary” means each Pledged Subsidiary immediately prior to the Sixth Amendment Effective Date.

  
 3 

 (C) Section 7.1 (Liens; Restrictions on Sales of Receivables) of the Credit Agreement is hereby
amended so that it reads in its entirety as follows 
 Section 7.1 Liens; Restrictions on Sales of Receivables.
Create, incur, assume, or suffer to exist, or permit any of the Subsidiaries to create, incur, assume, or suffer to exist, any Lien on any of its property now owned or hereafter acquired to secure any Indebtedness of the Borrower or any such
Subsidiary, or sell or assign any accounts receivable in connection with a financing or factoring transaction (other than in the ordinary course of business), other than: (a) Liens listed on Schedule 7.1 and Liens securing any
Indebtedness incurred to refinance, refund, renew or extend any Indebtedness secured by Liens listed on Schedule 7.1 to the extent not increasing the principal amount thereof except by the amount of accrued and unpaid interest and premium
thereon and reasonable fees and expense in connection with such refinancing, refunding, renewal or extension so long as the Liens securing such Indebtedness shall be limited to all or part of the same property that secured the Indebtedness
refinanced, refunded, renewed or extended (and improvements on and proceeds from such property); (b) pledges or deposits to secure the utility obligations of the Borrower incurred in the ordinary course of business; (c) Liens upon or in
property now owned or hereafter acquired to secure Indebtedness incurred (1) solely for the purpose of financing the acquisition, construction, lease or improvement of such property, provided that such Indebtedness shall not exceed the fair
market value of the property being acquired, constructed, leased or improved or (2) to refinance, refund, renew or extend any Indebtedness described in subclause (1) to the extent not increasing the principal amount thereof except by
the amount of accrued and unpaid interest and premium thereon and reasonable fees and expense in connection with such refinancing, refunding, renewal or extension so long as the Liens securing such Indebtedness shall be limited to all or part of the
same property that secured the Indebtedness refinanced, refunded, renewed or extended (and improvements on and proceeds from such property); (d) Liens on the assets of any Person merged or consolidated with or into (in accordance with
Section 7.4) or acquired by the Borrower or any Subsidiary that were in effect at the time of such merger, consolidation or acquisition and Liens securing any Indebtedness incurred to refinance, refund, renew or extend any
Indebtedness secured by Liens described in this clause (d) to the extent not increasing the principal amount thereof except by the amount of accrued and unpaid interest and premium thereon and reasonable fees and expense in connection with such
refinancing, refunding, renewal or extension so long as the Liens securing such Indebtedness shall be limited to all or part of the same property that secured the Indebtedness refinanced, refunded, renewed or extended (and improvements on and
proceeds from such property); (e) Liens for taxes, assessments and governmental charges or levies, which are not yet due or which are being contested in good faith by appropriate proceedings; (f) Liens securing Indebtedness of the Borrower or
any Subsidiary to the Rural Electrification Administration or the Rural Utilities Service (or any successor to any such agency) in an aggregate principal amount outstanding at any time not to exceed $50,000,000; (g) carriers’,
warehousemen’s, mechanics’, materialmen’s, repairmen’s, supplier’s or other like Liens arising in the ordinary course of business relating to obligations not overdue for a period of more than 60 days or which are bonded or
being contested in good faith by appropriate proceedings; (h) pledges or deposits in connection with workers’ compensation laws or similar legislation or to 

  
 4 

 
secure public or statutory obligations; (i) Liens or deposits to secure the performance of bids, trade contracts, leases, statutory obligations, surety and appeal bonds, performance bonds
and other obligations of a like nature incurred in the ordinary course of business; (j) easements, rights of way, restrictions and other encumbrances incurred which, in the aggregate, do not materially interfere with the ordinary conduct of
business; (k) restrictions by Governmental Authorities on the operations, business or assets of the Borrower or its Subsidiaries that are customary in the Borrower’s and its Subsidiaries’ businesses; (l) [reserved]; (m) Liens securing
Refinancing Notes and Refinancing Indebtedness which refinances Refinancing Notes; (n) Liens securing (i) Indebtedness incurred pursuant to the 2016 CoBank Credit Agreement, (ii) Indebtedness incurred pursuant to the JPMC Revolving
Commitment (including Replacement Revolving Loans and Revolving Loans that are Extended Loans) and JPMC Term Commitment (including Refinancing Term Loans and Term Loans that are Extended Loans) under the 2017 JPMC Credit Facility (as in effect on
the Fourth Amendment Closing Date), (iii) Incremental Indebtedness in an aggregate amount incurred after the Fifth Amendment Closing Date (together with the aggregate amount of any Incremental Equivalent Indebtedness incurred after the Fifth
Amendment Closing Date) not to exceed the Incremental Amount so long as immediately before and immediately after giving effect to the establishment of such Incremental Indebtedness, on a Pro Forma Basis, the First Lien Leverage Ratio does not exceed
the maximum First Lien Leverage Ratio permitted under Section 8.1 as of the last day of the most recently-ended fiscal quarter and (iv) Refinancing Indebtedness which refinances any Indebtedness of a type referred to
in subclauses (i), (ii) or (iii) of this clause (n), in each case pursuant to this clause (n) so long as such Liens equally and ratably secure the Obligations pursuant to a Permitted First Lien Intercreditor Agreement; (o) Liens
created under the Loan Documents securing the Secured Obligations and Refinancing Indebtedness in respect thereof; (p) Liens securing any letter of credit facility or similar facility of the Borrower or any of its Subsidiaries in an aggregate
principal amount outstanding at any time not to exceed $75,000,000, so long as either (i) such Liens equally and ratably secure the Obligations pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent
or (ii) on or prior to the date 90 days after the Fifth Amendment Date, such Liens are on cash collateral provided to the issuer or lender under such letter of credit facility; (q) Liens on the Collateral that secure Incremental Equivalent
Indebtedness and Refinancing Indebtedness which refinances Incremental Equivalent Indebtedness so long as immediately before and immediately after giving effect to the establishment of such Incremental Equivalent Indebtedness, on a Pro Forma Basis,
the First Lien Leverage Ratio does not exceed the maximum First Lien Leverage Ratio permitted under Section 8.1 as of the last day of the most recently-ended fiscal quarter; provided that the Liens securing such Indebtedness shall be subject to
the provisions of a Permitted First Lien Intercreditor Agreement or a Permitted Junior Intercreditor Agreement, as applicable; and (r) Liens on the Collateral securing any other Indebtedness permitted to be incurred under this Agreement;
provided that the Liens securing any such other Indebtedness shall be junior to the Liens on the Collateral securing the Term Loans pursuant to a Permitted Junior Intercreditor Agreement. Notwithstanding the foregoing, in no event shall Borrower
create, incur, assume, or suffer to exist, or permit any of the Subsidiaries to create, incur, assume or suffer to exist, any Lien on the property or equity 

  
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interests of any Specified Subsidiary pursuant to clauses (m), (n), (p) or (q) above, unless such property or equity interests of such Specified Subsidiary constitute Collateral securing the
Secured Obligations and such Liens are otherwise permitted under this Section 7.1. 
 (D) Upon the Sixth Amendment Effective Date (as
defined below), the Credit Agreement is hereby amended by amending and restating Schedule A (Guarantors) and Schedule B (Pledged Subsidiaries) and and replacing it with the new Schedule A (Guarantors)
and Schedule B (Pledged Subsidiaries) attached hereto. 
 SECTION 2. Consents and Releases. 

(A) Upon the Sixth Amendment Effective Date, each Consenting Lender hereby consents to the Administrative Agent, as a Secured Representative,
providing its consent and direction to the Collateral Agent to release all Liens in the assets of Newco West granted pursuant to the Newco Security Agreement, and such Newco Security Agreement shall be automatically and immediately terminated and of
no further force and effect without any further action by any of the parties thereto. 
 (B) Upon the Sixth Amendment Effective Date, each
Consenting Lender hereby consents to the Administrative Agent, as a Secured Representative, providing its consent and direction to the Collateral Agent to release all Liens in the assets of the Released Pledgors granted pursuant to the Existing
Pledge Agreement. 
 (C) Upon the Sixth Amendment Effective Date, each Consenting Lender hereby consents to the Administrative Agent, as a
Secured Representative, providing its consent and direction to the Collateral Agent to release TCI Guarantor from all obligations under the Loan Documents and of all guarantees executed by TCI Guarantor in favor of the administrative agent of the
2017 JPM Credit Facility for the benefit of the Secured Parties pursuant to the Guaranty Agreement, and the TCI Accession shall be automatically and immediately terminated and of no further force and effect without any further action by any of the
parties thereto. 
 (D) Upon the Sixth Amendment Effective Date, each Consenting Lender, hereby consents to the Administrative Agent, as a
Secured Representative, providing its consent and direction to the Collateral Agent to execute and deliver all documents and instruments and take such other actions (including filing of termination statements and other releases and return of
possessory collateral) as is necessary or advisable in the Collateral Agent’s reasonable judgment to evidence the releases set forth in Sections 2(A), 2(B) and 2(C). 

(E) Upon the Sixth Amendment Effective Date, each Consenting Lender, hereby consents to the following transactions: (i) Newco West making
a special equity dividend of (x) Frontier Florida LLC, a Florida limited liability company, and (y) Frontier Southwest Incorporated, a Delaware corporation, to the Borrower, (ii) Citizens NEWTEL, L.L.C., a Delaware limited liability
company, making a special equity dividend of Citizens Telecommunications Company of Tennessee L.L.C., a Delaware limited liability company, to the Borrower, and (iii) Frontier Subsidiary Teleco LLC, a Delaware limited liability company, making
a special equity dividend of (x) Frontier Communications of Iowa, LLC, an Iowa limited liability company, and (y) Frontier Communications of Wisconsin LLC, a Wisconsin limited liability company, to the Borrower (clauses
(i) through (iii), collectively, the “Internal Reorganization”). 

  
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 SECTION 3. Conditions to Effectiveness. Sections
1 and 2 shall become effective on the date (such date, if any, the “Sixth Amendment Effective Date”) that the following conditions have been satisfied: 

(A) Executed Counterparts. The Administrative Agent shall have received from the Borrower, each Guarantor, the Administrative Agent and
Lenders and Voting Participants constituting Requisite Lenders (i) a counterpart of this Amendment signed on behalf of such party or (ii) written evidence reasonably satisfactory to the Administrative Agent (which may include electronic
transmission of a signed signature page to this Agreement) that such party has signed a counterpart of this Amendment; 
 (B)
Officer’s Certificate. The Administrative Agent shall have received a certificate of a Financial Officer of the Borrower confirming compliance with the conditions set forth in Sections 3(E) and (F); 

(C) Legal Opinions. The Administrative Agent shall have received a favorable written opinion (addressed to the Administrative Agent and
the Lenders and dated the Sixth Amendment Effective Date) of (i) Mark D. Nielsen, Esq., Executive Vice President and Chief Legal Officer of the Borrower and (ii) Kirkland & Ellis LLP, counsel to the Borrower, in each case,
covering such matters relating to the Borrower and this Amendment, and the Collateral Modification, as the Administrative Agent shall reasonably request (and the Borrower hereby instructs such counsel to deliver such opinions to the Lenders and the
Administrative Agent); 
 (D) Corporate Documents. The Administrative Agent shall have received (i) a recently dated certificate
as to the good standing of the Borrower under the laws of its jurisdiction, and (ii) a certificate of the secretary or assistant secretary of the Borrower certifying (x) that attached thereto are true and complete copies of (1) the
certificate of incorporation of the Borrower, and all amendments thereto, certified as of a recent date by the appropriate Governmental Authority in its jurisdiction of incorporation, (2) the bylaws of the Borrower as in effect on the Sixth
Amendment Effective Date, and (3) the resolutions of the board of directors of the Borrower authorizing the amendments contemplated hereunder, the execution, delivery and performance of this Amendment and the other Loan Documents to which the
Borrower is contemplated to be a party, and (y) as to the incumbency and genuineness of the signature of each officer of the Borrower executing Loan Documents; 

(E) Representations and Warranties. The representations and warranties in Article V of the Credit Agreement shall be true and correct in
all material respects as of the Sixth Amendment Effective Date (except in the case of any such representations and warranty that expressly relates to an earlier given date or period, in which case such representation and warranty shall be true and
correct in all material respects as of the respective earlier date or respective period, as the case may be, and, to the extent such representations and warranties are qualified as to materiality, Material Adverse Effect or similar language, such
representations shall be true and correct in all respects); 

  
 7 

 (F) No Default. No Default shall have occurred and be continuing; 

(G) Pledge Agreement. The Administrative Agent shall have received a counterpart of the Second Amended and Restated Pledge Agreement in
substantially the form of the second amended and restated pledge agreement attached hereto as Exhibit 1 (the “New Pledge Agreement”) properly executed by each Pledgor party thereto and all documents and
instruments required to create and perfect the Collateral Agent’s Liens in the Collateral set forth therein shall have been executed and delivered and, if applicable, be in proper form for filing; 

(H) Security Agreement. The Administrative Agent shall have received a counterpart of the Security Agreement in substantially the form
of the security agreement attached hereto as Exhibit 2 (the “New Security Agreement”) properly executed by Frontier Video and all documents and instruments required to create and perfect the Collateral
Agent’s Liens in the Collateral set forth therein shall have been executed and delivered and, if applicable, be in proper form for filing; 

(I) Collateral and Guarantee Requirement. 

(i) The Administrative Agent shall have received satisfactory confirmation that the Collateral Agent shall have received all
certificates or instruments evidencing the issued and outstanding equity interests of each Pledged Subsidiary under the New Pledge Agreement and listed on Schedule B (each, a “New Pledged Subsidiary”) and
required to be pledged on the Sixth Amendment Effective Date, accompanied by stock powers undated and endorsed in blank (or arrangements reasonably satisfactory to the Administrative Agent and the Collateral Agent shall have been made for the
foregoing); 
 (ii) the Administrative Agent shall have received satisfactory confirmation that the Collateral Agent shall
have received UCC financing statements identifying (x) the Borrower as the debtor and the Collateral Agent as the secured party, with the description of the collateral limited to the collateral granted pursuant to the New Pledge Agreement, and
(y) Frontier Video as the debtor and the Collateral Agent as the secured party, in each case in appropriate form for filing under the UCC; 

(iii) the Administrative Agent shall have received the results of recent UCC, tax and judgment Lien searches with respect to
the Borrower, Frontier Video and each New Pledged Subsidiary, and such searches shall reveal no Liens except for Liens permitted under the Credit Agreement or to be discharged on the Sixth Amendment Effective Date (or with respect to which
arrangements reasonably satisfactory to the Administrative Agent shall have been made to discharge such Liens); and 
 (iv)
the Administrative Agent shall have received satisfactory confirmation that the Collateral Agent shall have a valid and perfected Lien, for the benefit of the Secured Parties, in the Pledged Collateral (as defined in the New Pledge Agreement)
pursuant to the New Pledge Agreement to the extent perfection of such Lien can be obtained by filing a Uniform Commercial Code financing statement or possession (subject to clause (I)(i) above). 

  
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 (J) Fees. The Administrative Agent shall have received, (i) for distribution to each
Consenting Lender holding Term Loans on the Sixth Amendment Effective Date (immediately prior to giving effect to the amendments, releases and consent contemplated to occur on the Sixth Amendment Effective Date) who unconditionally submits an
executed signature page hereto prior to June 28, 2018, at 5:00 p.m. (New York time), an amendment fee equal to 0.05% of the aggregate principal amount of such Consenting Lender’s Term Loans outstanding on the Sixth Amendment Effective Date
(immediately prior to giving effect to the amendments, releases and consent contemplated to occur on the Sixth Amendment Effective Date), which fee shall be non-refundable and fully earned and payable on the
Sixth Amendment Effective Date, and (ii) without duplication of any fees paid pursuant to clause (i) above, all fees required to be paid under that certain Engagement and Fee Letter, dated June 26, 2018, from CoBank, ACB to the
Borrower, and all expenses required to be paid or reimbursed under such Engagement and Fee Letter and under Section 11.3 (Expenses; Indemnity; Damage Waiver) of the Credit Agreement, for which invoices have been presented a reasonable period of
time prior to the Sixth Amendment Effective Date. 
 SECTION 4. No Novation. This Amendment shall
not constitute a novation of the Obligations, the Credit Agreement or any other Loan Document. 
 SECTION 5.
Effect of Amendment. All references to the Credit Agreement in the Credit Agreement or in any other Loan Document shall be deemed a reference to the Credit Agreement as amended by this Amendment. Except as expressly provided in
this Amendment, the execution and delivery of this Amendment does not and will not amend, modify or supplement any provision of, or constitute a consent to or a waiver of any noncompliance with the provisions of, the Credit Agreement or the other
Loan Documents, and the Credit Agreement and the other Loan Documents shall remain in full force and effect. Except as expressly provided in this Amendment, this Amendment shall be governed by the terms and provisions of the Credit Agreement. This
Amendment shall be considered a “Loan Document” under the Credit Agreement. 
 SECTION 6.
Reaffirmation. Each Loan Party and each Pledgor hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and thereof and consents to the terms and conditions hereof and the
transactions contemplated thereby. Each Guarantor (except for TCI Guarantor who shall be released from its obligations under the Guaranty Agreement pursuant to Section 2(C)) hereby (a) affirms and
confirms its guarantees and other commitments under the Guaranty Agreement and (b) agrees that the Guaranty Agreement is in full force and effect and shall accrue to the benefit of the Secured Parties to guarantee the Obligations. Other than
the Newco Security Agreement which is terminated pursuant to the terms of this Agreement and the Existing Pledge Agreement which is amended and restated pursuant to the terms of this Agreement and the New Pledge Agreement, the other Collateral
Documents and all of the Collateral described therein (other than with respect to the assets of Newco West and the Released Pledgors as released pursuant to terms of this Amendment) do and shall continue to secure the payment of all Secured
Obligations, and the Borrower confirms and reaffirms its prior grant of Liens under the Collateral Documents, which shall continue in full force and effect after giving effect to this Agreement. 

  
 9 

 SECTION 7. Representations and Warranties. The Borrower
hereby represents and warrants to the Lenders as follows: 
 (A) The Borrower’s execution, delivery and performance of this Amendment
are within its corporate powers, have been duly authorized by all necessary action and do not violate or create a default under (i) law, (ii) its constituent documents, or (iii) any contractual provision binding upon it, except to the
extent (in the case of violations or defaults described under clauses (i) or (iii)) such violation or default would not reasonably be expected to result in a Material Adverse Effect and would not have an adverse effect on the validity, binding
effect or enforceability of this Amendment or any other Loan Documents and would not materially adversely affect any of the rights of the Administrative Agent or any Lender under or in connection with this Amendment or any other Loan Documents. This
Amendment constitutes the legal, valid and binding obligation of the Borrower enforceable against it in accordance with its terms (except as such enforceability may be limited by applicable bankruptcy, reorganization, insolvency, moratorium and
other laws affecting the rights of creditors generally and general principles of equity, including an implied covenant of good faith and fair dealing). 

(B) No Governmental Approvals are required in connection with the execution and delivery by the Borrower of this Amendment and the performance
by the Borrower of its obligations hereunder. 
 (C) Before and after giving effect to this Amendment: (i) the representations and
warranties of the Borrower set forth in Article V (Representations and Warranties) of the Credit Agreement are true and correct in all material respects (except in the case of any such representations and warranty that expressly relates to an
earlier given date or period, in which case such representation and warranty shall be true and correct in all material respects as of the respective earlier date or respective period, as the case may be, and, to the extent such representations and
warranties are qualified as to materiality, Material Adverse Effect or similar language, such representations shall be true and correct in all respects) and (ii) no Default or Event of Default shall have occurred and be continuing or would
result from the execution and delivery of this Amendment. 
 SECTION 8. Expenses. Subject to the
terms of Section 11.3 (Expenses; Indemnity; Damage Waiver) of the Credit Agreement, the Borrower hereby agrees to pay the Administrative Agent on demand, all reasonable and documented out-of-pocket costs and expenses incurred by the Administrative Agent, including, without limitation, the reasonable and documented fees and expenses of counsel retained by the Administrative Agent, in
connection with the negotiation, preparation, execution and delivery of this Amendment. 
 SECTION 9.
Counterparts. This Amendment may be executed in any number of counterparts and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original and shall be binding upon all
parties and their respective permitted successors and assigns, and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page of this Amendment by facsimile or any other
electronic transmission shall be effective as delivery of a manually executed counterpart hereof. 

  
 10 

 SECTION 10. Headings. The headings of this
Amendment are for purposes of reference only and shall not limit or otherwise affect the meaning hereof. 
 SECTION 11. CHOICE OF
LAW; SUBMISSION TO JURISDICTION; WAIVER OF VENUE; SERVICE OF PROCESS; WAIVER OF JURY TRIAL. Section 11.10 (Choice of Law; Submission to Jurisdiction; Waiver of Venue; Service of Process; Waiver of Jury Trial) of the Credit
Agreement is hereby incorporated herein mutatis mutandis, as if a part hereof. 
 [Signature
Pages Follow] 

  
 11 

 Witness the due execution hereof by the respective duly authorized officers of the undersigned as
of the date first written above. 
  

	
	 FRONTIER COMMUNICATIONS
 CORPORATION,
as the Borrower

	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: EVP, Chief Legal Officer and Secretary
	
	 FRONTIER SOUTHWEST INCORPORATED,

as a Guarantor

	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: VP, Chief Legal Officer and Secretary
	
	FRONTIER FLORIDA LLC, as a Guarantor
	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: VP, Chief Legal Officer and Secretary
	
	 FRONTIER COMMUNICATIONS
 NORTHWEST
INC., as a Guarantor

	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: VP, Chief Legal Officer and Secretary
	
	 CITIZENS TELECOMMUNICATIONS
 COMPANY
OF MINNESOTA, LLC, 
 as a Guarantor

	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: VP, Chief Legal Officer and Secretary

 
	
	 FRONTIER COMMUNICATIONS OF
 MINNESOTA,
INC., as a Guarantor

	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: VP, Chief Legal Officer and Secretary
	
	 FRONTIER COMMUNICATIONS OF IOWA,
 LLC,
as a Guarantor

	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: VP, Chief Legal Officer and Secretary
	
	 CITIZENS TELECOMMUNICATIONS
 COMPANY
OF TENNESSEE L.L.C., as a
 Guarantor

	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: VP, Chief Legal Officer and Secretary
	
	 CITIZENS TELECOMMUNICATIONS
 COMPANY
OF UTAH, as a Guarantor

	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: VP, Chief Legal Officer and Secretary
	
	 FRONTIER COMMUNICATIONS OF
 WISCONSIN
LLC, as a Guarantor

	
	By: /s/ Mark D.
Nielsen                                        
    
	Name: Mark D. Nielsen
	Title: VP, Chief Legal Officer and Secretary

 
			
	COBANK, ACB, as Administrative Agent and
	as a Lender
		
	By:	 	 /s/ Gary Franke

		 	Name: Gary Franke
		 	Title: Managing Director

 SCHEDULE A 

GUARANTORS 
  

	1.	FRONTIER SOUTHWEST INCORPORATED 

  

	2.	FRONTIER FLORIDA LLC 

  

	3.	FRONTIER COMMUNICATIONS NORTHWEST INC. 

  

	4.	CITIZENS TELECOMMUNICATIONS COMPANY OF MINNESOTA, LLC 

  

	5.	FRONTIER COMMUNICATIONS OF MINNESOTA, INC. 

  

	6.	FRONTIER COMMUNICATIONS OF IOWA, LLC 

  

	7.	CITIZENS TELECOMMUNICATIONS COMPANY OF TENNESSEE L.L.C. 

  

	8.	CITIZENS TELECOMMUNICATIONS COMPANY OF UTAH 

  

	9.	FRONTIER COMMUNICATIONS OF WISCONSIN LLC 

 SCHEDULE B 

PLEDGED SUBSIDIARIES 
  

	1.	Citizens Telecommunications Company of California Inc., a California corporation 

  

	2.	Frontier Southwest Incorporated, a Delaware corporation 

  

	3.	Frontier Florida LLC, a Florida limited liability company 

  

	4.	Citizens Telecommunications Company of Idaho, a Delaware corporation 

  

	5.	Citizens Telecommunications Company of Illinois, an Illinois corporation 

  

	6.	Frontier Communications of Iowa, LLC, an Iowa limited liability company 

  

	7.	Citizens Telecommunications Company of Tennessee L.L.C., a Delaware limited liability company 

  

	8.	Citizens Telecommunications Company of Utah, a Delaware corporation 

  

	9.	Frontier Communications of Wisconsin LLC, a Wisconsin limited liability company 

  

	10.	The Southern New England Telephone Company, a Connecticut corporation 

  

	11.	Newco West Holdings LLC, a Delaware limited liability company 

  

	12.	Frontier Communications ILEC Holdings LLC, a Delaware limited liability company 

  

	13.	Citizens NEWTEL, LLC, a Delaware limited liability company 

  

	14.	Commonwealth Telephone Enterprises, LLC, a Delaware limited liability company 

  

	15.	Frontier Subsidiary Telco LLC, a Delaware limited liability companyExhibit 4.1

 

 

ContraVir Pharmaceuticals, Inc.

 

and

 

Philadelphia Stock Transfer, Inc., as

Warrant Agent

 

 

Warrant Agency Agreement

 

Dated as of July 2, 2018

 

 

WARRANT AGENCY AGREEMENT

 

WARRANT AGENCY AGREEMENT, dated as of July 2, 2018 (“Agreement”), between ContraVir Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and Philadelphia Stock Transfer, Inc. (the “Warrant Agent”).

 

W I T N E S S E T H

 

WHEREAS, the Company is engaged in a public rights offering (the “Offering”) pursuant to which the Company has distributed, at no charge, non-transferable subscription rights to purchase units (the “Units”) to each of the Company’s holders of common stock (the “Common Stock”) and to certain of the Company’s warrant holders pursuant to an effective registration statement on Form S-1 (File No. 333-225041) (the “Registration Statement”);

 

WHEREAS, the Units consists of shares of Series C Convertible Preferred Stock (the “Preferred Stock”) and warrants (collectively, the “Warrants”) to purchase shares of Common Stock, and the Company wishes to issue the Warrants in book entry form entitling the respective holders of the Warrants (the “Holders”, which term shall include a Holder’s transferees, successors and assigns and “Holder” shall include, if the Warrants are held in “street name,” a Participant (as defined below) or a designee appointed by such Participant) to purchase an aggregate of up to 10,925,000 shares of Common Stock upon the terms and subject to the conditions hereinafter set forth;

 

WHEREAS, the Preferred Stock and Warrants to be issued in connection with the Offering shall be immediately separable and will be issued separately, but will be purchased together in the Offering; and

 

WHEREAS, the Company wishes the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing so to act, in connection with the issuance, registration, transfer, exchange, exercise and replacement of the Warrants and, in the Warrant Agent’s capacity as the Company’s transfer agent, the delivery of the Warrant Shares (as defined below).

 

NOW, THEREFORE, in consideration of the premises and the mutual agreements herein set forth, the parties hereby agree as follows:

 

Section 1. Certain Definitions. For purposes of this Agreement, the following terms have the meanings indicated:

 

(a)                                 “Business Day” means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which the New York Stock Exchange is authorized or required by law or other governmental action to close.

 

(b)                                 “Close of Business” on any given date means 5:00 p.m., New York City time, on such date; provided, however, that if such date is not a Business Day it means 5:00 p.m., New York City time, on the next succeeding Business Day.

 

(c)                                  “Person” means an individual, corporation, association, partnership, limited liability company, joint venture, trust, unincorporated organization, government or political subdivision thereof or governmental agency or other entity.

 

(d)                                 “Warrant Certificate” means a certificate issued to a Holder, representing such number of Warrant Shares as is indicated therein.

 

(e)                                  “Warrant Shares” means the shares of Common Stock underlying the Warrants and issuable upon exercise of the Warrants.

 

All other capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Warrant.

 

Section 2. Appointment of Warrant Agent. The Company hereby appoints the Warrant Agent to act as agent for the Company in accordance with the terms and conditions hereof, and the Warrant Agent hereby accepts such appointment. The Company may from time to time appoint a Co-Warrant Agent as it may, in its sole discretion, deem necessary or desirable.  The Warrant Agent shall have no duty to supervise, and will in no event be liable for the acts or omissions of, any co-Warrant Agent.

 

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Section 3. Global Warrants.

 

(a)                                 The Warrants shall be issuable in book entry form (the “Global Warrants”). All of the Warrants shall initially be represented by one or more Global Warrants deposited with the Warrant Agent and registered in the name of Cede & Co., a nominee of The Depository Trust Company (the “Depositary”), or as otherwise directed by the Depositary. Ownership of beneficial interests in the Warrants shall be shown on, and the transfer of such ownership shall be effected through, records maintained by (i) the Depositary or its nominee for each Global Warrant or (ii) institutions that have accounts with the Depositary (such institution, with respect to a Warrant in its account, a “Participant”).

 

(b)                                 If the Depositary subsequently ceases to make its book-entry settlement system available for the Warrants, the Company may instruct the Warrant Agent regarding other arrangements for book-entry settlement. In the event that the Warrants are not eligible for, or it is no longer necessary to have the Warrants available in, book-entry form, the Warrant Agent shall provide written instructions to the Depositary to deliver to the Warrant Agent for cancellation each Global Warrant, and the Company shall instruct the Warrant Agent to deliver to each Holder a Warrant Certificate.

 

(c)                                  A Holder has the right to elect at any time or from time to time a Warrant Exchange (as defined below) pursuant to a Warrant Certificate Request Notice (as defined below).  Upon written notice by a Holder to the Warrant Agent for the exchange of some or all of such Holder’s Global Warrants for a Warrant Certificate evidencing the same number of Warrants, which request shall be in the form attached hereto as Annex A (a “Warrant Certificate Request Notice” and the date of delivery of such Warrant Certificate Request Notice by the Holder, the “Warrant Certificate Request Notice Date” and the deemed surrender upon delivery by the Holder of a number of Global Warrants for the same number of Warrants evidenced by a Warrant Certificate, a “Warrant Exchange”), the Warrant Agent shall promptly effect the Warrant Exchange and shall promptly issue and deliver to the Holder a Warrant Certificate for such number of Warrants in the name set forth in the Warrant Certificate Request Notice.  Such Warrant Certificate shall be dated the original issue date of the Warrants and shall be manually executed by an authorized signatory of the Company.  In connection with a Warrant Exchange, the Company agrees to deliver, or to direct the Warrant Agent to deliver, the Warrant Certificate to the Holder within two (2) Business Days of the Warrant Certificate Request Notice pursuant to the delivery instructions in the Warrant Certificate Request Notice (“Warrant Certificate Delivery Date”).  If the Company fails for any reason to deliver to the Holder the Warrant Certificate subject to the Warrant Certificate Request Notice by the Warrant Certificate Delivery Date, the Company shall pay to the Holder, in cash, as liquidated damages and not as a penalty, for each $1,000 of Warrant Shares evidenced by such Warrant Certificate (based on the VWAP (as defined in the Warrant) of the Common Stock on the Warrant Certificate Request Notice Date), $10 per Business Day (increasing to $20 per Business Day on the fifth Business Day after such liquidated damages begin to accrue) for each Business Day after such Warrant Certificate Delivery Date until such Warrant Certificate is delivered or, prior to delivery of such Warrant Certificate, the Holder rescinds such Warrant Exchange.  The Company covenants and agrees that, upon the date of delivery of the Warrant Certificate Request Notice, the Holder shall be deemed to be the holder of the Warrant Certificate and, notwithstanding anything to the contrary set forth herein, the Warrant Certificate shall be deemed for all purposes to contain all of the terms and conditions of the Warrants evidenced by such Warrant Certificate and the terms of this Agreement, other than Section 3(c), which shall not apply to the Warrants evidenced by a Warrant Certificate.  In the event a beneficial owner requests a Warrant Exchange, upon issuance of the paper Warrant Certificate, the Company shall act as warrant agent and the terms of the paper Warrant Certificate so issued shall exclusively govern in respect thereof.

 

Section 4. Form of Warrant. The Warrants, together with the form of election to purchase Common Stock (the “Exercise Notice”) and the form of assignment to be printed on the reverse thereof, whether a Warrant Certificate or a Global Warrant, shall be substantially in the form of Exhibit 1 hereto.

 

Section 5. Countersignature and Registration. The Warrants shall be executed on behalf of the Company by its Chief Executive Officer or Chief Financial Officer, either manually or by facsimile signature, and have affixed thereto the Company’s seal or a facsimile thereof which shall be attested by the Secretary or an Assistant Secretary of the Company, either manually or by facsimile signature. The Warrants shall be countersigned by the Warrant Agent either manually or by facsimile signature and shall not be valid for any purpose unless so countersigned. In case any officer of the Company who shall have signed a Warrant shall cease to be such officer of the Company before countersignature by the Warrant Agent and issuance and delivery by the Company, such Warrant, nevertheless, may be countersigned by the Warrant Agent, issued and delivered with the same force and effect as though the person who signed such Warrant had not ceased to be such officer of the Company; and any Warrant may be signed on behalf of the 

 

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Company by any person who, at the actual date of the execution of such Warrant, shall be a proper officer of the Company to sign such Warrant, although at the date of the execution of this Warrant Agreement any such person was not such an officer.

 

The Warrant Agent will keep or cause to be kept, at one of its offices, or at the office of one of its agents, books for registration and transfer of the Warrant Certificates issued hereunder. Such books shall show the names and addresses of the respective registered Holders of the Warrant Certificates, the number of warrants evidenced on the face of each of such Warrant Certificate and the date of each of such Warrant Certificate.  The Warrant Agent will create a special account for the issuance of Warrant Certificates.

 

Section 6. Transfer, Split Up, Combination and Exchange of Warrant Certificates; Mutilated, Destroyed, Lost or Stolen Warrant Certificates. Subject to the provisions of the Warrant and the last sentence of this first paragraph of Section 6 and subject to applicable law, rules or regulations, or any “stop transfer” instructions the Company may give to the Warrant Agent, at any time after the closing date of the Offering, and at or prior to the Close of Business on the Termination Date, any Warrant Certificate or Warrant Certificates or Global Warrant or Global Warrants may be transferred, split up, combined or exchanged for another Warrant Certificate or Warrant Certificates or Global Warrant or Global Warrants, entitling the Holder to purchase a like number of shares of Common Stock as the Warrant Certificate or Warrant Certificates or Global Warrant or Global Warrants surrendered then entitled such Holder to purchase. Any Holder desiring to transfer, split up, combine or exchange any Warrant Certificate or Global Warrant shall make such request in writing delivered to the Warrant Agent, and shall surrender the Warrant Certificate or Warrant Certificates to be transferred, split up, combined or exchanged at the principal office of the Warrant Agent, provided that no such surrender is applicable to the Holder of a Global Warrant. Any requested transfer of Warrants, whether a Global Warrant or a Warrant Certificate, shall be accompanied by reasonable evidence of authority of the party making such request that may be required by the Warrant Agent. Thereupon the Warrant Agent shall, subject to the last sentence of this first paragraph of Section 6, countersign and deliver to the Person entitled thereto any Warrant Certificate or Global Warrant, as the case may be, as so requested. The Company may require payment from the Holder of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer, split up, combination or exchange of Warrants. The Company shall compensate the Warrant Agent per the fee schedule mutually agreed upon by the parties hereto and provided separately on the date hereof.

 

Upon receipt by the Warrant Agent of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of a Warrant Certificate, which evidence shall include an affidavit of loss, or in the case of mutilated certificates, the certificate or portion thereof remaining, and, in case of loss, theft or destruction, of indemnity in customary form and amount, and satisfaction of any other reasonable requirements established by Section 8-405 of the Uniform Commercial Code as in effect in the State of Delaware, and reimbursement to the Company and the Warrant Agent of all reasonable expenses incidental thereto, and upon surrender to the Warrant Agent and cancellation of the Warrant Certificate if mutilated, the Company will make and deliver a new Warrant Certificate of like tenor to the Warrant Agent for delivery to the Holder in lieu of the Warrant Certificate so lost, stolen, destroyed or mutilated.

 

Section 7. Exercise of Warrants; Exercise Price; Termination Date.

 

(a)                                 The Warrants shall be exercisable commencing on the Initial Exercise Date. The Warrants shall cease to be exercisable and shall terminate and become void, and all rights thereunder and under this Agreement shall cease, at or prior to the Close of Business on the Termination Date.  Subject to the foregoing and to Section 7(b) below, the Holder of a Warrant may exercise the Warrant in whole or in part upon providing the items required by Section 7(c) below to the Warrant Agent at the principal office of the Warrant Agent or to the office of one of its agents as may be designated by the Warrant Agent from time to time. In the case of the Holder of a Global Warrant, the Holder shall deliver the executed Exercise Notice and payment of the Exercise Price pursuant to Section 2(a) of the Warrant. Notwithstanding any other provision in this Agreement, a holder whose interest in a Global Warrant is a beneficial interest in a Global Warrant held in book-entry form through the Depositary (or another established clearing corporation performing similar functions), shall effect exercises by delivering to the Depositary (or such other clearing corporation, as applicable) the appropriate instruction form for exercise, complying with the procedures to effect exercise that are required by the Depositary (or such other clearing corporation, as applicable). The Company acknowledges that the bank accounts maintained by the Warrant Agent in connection with the services provided under this Agreement will be in its name and that the Warrant Agent may receive investment earnings in connection with the investment at Warrant Agent risk and for its benefit of funds held in those accounts from time to time.  Neither the Company nor the Holders will receive interest on any deposits or Exercise Price.

 

(b)                                 Upon receipt of an Exercise Notice for a cashless exercise pursuant to Section 2(c) of the Warrant (each, a “Cashless Exercise”), the Company will promptly calculate and transmit to the Warrant Agent the number of Warrant Shares 

 

4

 

issuable in connection with such Cashless Exercise and deliver a copy of the Exercise Notice to the Warrant Agent, which shall issue such number of Warrant Shares in connection with such Cashless Exercise.

 

(c)                                  Upon the Warrant Agent’s receipt, at or prior to the Close of Business on the Termination Date set forth in a Warrant, of the executed Exercise Notice, accompanied by payment of the Exercise Price pursuant to Section 2(a) of the Warrant, the shares to be purchased (other than in the case of a Cashless Exercise), an amount equal to any applicable tax, governmental charge or expense reimbursement referred to in Section 6 in cash, or by certified check or bank draft payable to the order of the Company and, in the case of an exercise of a Warrant in the form of a Warrant Certificate for all of the Warrant Shares represented thereby, the Warrant Certificate, the Warrant Agent shall cause the Warrant Shares underlying such Warrant to be delivered to or upon the order of the Holder of such Warrant, registered in such name or names as may be designated by such Holder, no later than the Warrant Share Delivery Date. If the Company is then a participant in the DWAC system of the Depositary and either (A) there is an effective registration statement permitting the issuance of the Warrant Shares to or resale of the Warrant Shares by Holder or (B) the Warrant is being exercised via Cashless Exercise, then the certificates for Warrant Shares shall be transmitted by the Warrant Agent to the Holder by crediting the account of the Holder’s broker with the Depositary through its DWAC system, provided the Holder’s broker has properly initiated said DWAC. For the avoidance of doubt, if the Company becomes obligated to pay any amounts to any Holders pursuant to Section 2(d)(i) or 2(d)(iv) of the Warrant, such obligation shall be solely that of the Company and not that of the Warrant Agent. Notwithstanding anything else to the contrary in this Agreement, except in the case of a Cashless Exercise, if any Holder fails to duly deliver payment to the Warrant Agent of an amount equal to the aggregate Exercise Price of the Warrant Shares to be purchased upon exercise of such Holder’s Warrant as set forth in Section 7(a) hereof, the Warrant Agent will not obligated to deliver certificates representing any such Warrant Shares (via DWAC or otherwise) until following receipt of such payment, and the applicable Warrant Share Delivery Date shall be deemed extended by one day for each day (or part thereof) until such payment is delivered to the Warrant Agent.

 

(d)                                 The Warrant Agent shall deposit all funds received by it in payment of the Exercise Price for all Warrants in the account of the Company maintained with the Warrant Agent for such purpose (or to such other account as directed by the Company in writing) and shall advise the Company via telephone at the end of each day on which funds for the exercise of any Warrant are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephonic advice to the Company in writing.

 

(e)                                  In case the Holder of any Warrant Certificate exercises fewer than all Warrants evidenced thereby and surrenders such Warrant Certificate in connection with such partial exercise, a new Warrant Certificate evidencing the number of Warrant Shares equivalent to the number of Warrant Shares remaining unexercised may be issued by the Warrant Agent to the Holder of such Warrant Certificate or to his duly authorized assigns in accordance with Section 2(d)(ii) of the Warrant, subject to the provisions of Section 6 hereof.

 

Section 8. Cancellation and Destruction of Warrant Certificates. All Warrant Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Warrant Agent for cancellation or in canceled form, or, if surrendered to the Warrant Agent, shall be canceled by it, and no Warrant Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall deliver to the Warrant Agent for cancellation and retirement, and the Warrant Agent shall so cancel and retire, any other Warrant Certificate purchased or acquired by the Company otherwise than upon the exercise thereof. The Warrant Agent shall deliver all canceled Warrant Certificates to the Company, or shall, at the written request of the Company, destroy such canceled Warrant Certificates, and in such case shall deliver a certificate of destruction thereof to the Company, subject to any applicable law, rule or regulation requiring the Warrant Agent to retain such canceled certificates.

 

Section 9. Certain Representations; Reservation and Availability of Shares of Common Stock or Cash.

 

(a)                                 This Agreement has been duly authorized, executed and delivered by the Company and, assuming due authorization, execution and delivery hereof by the Warrant Agent, constitutes a valid and legally binding obligation of the Company enforceable against the Company in accordance with its terms, and the Warrants have been duly authorized, executed and issued by the Company and, assuming due authentication thereof by the Warrant Agent pursuant hereto and payment therefor by the Holders as provided in the Registration Statement, constitute valid and legally binding obligations of the Company enforceable against the Company in accordance with their terms and entitled to the benefits thereof; in each case except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium and other similar laws 

 

5

 

relating to or affecting creditors’ rights generally or by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law).

 

(b)         As of the date hereof and prior to the Offering, the authorized capital stock of the Company consists of (i) 120,000,000 shares of Common Stock, of which 10,692,174 shares of Common Stock are issued and outstanding, and (ii) 20,000,000 shares of undesignated preferred stock, par value $0.0001 per share, 1,250,000 of which are designated Series A Convertible Preferred Stock, 85,581 of which are issued and outstanding, and 120,000 of which are designated Series B Preferred Stock, 0 of which are issued and outstanding. 1,426,863 shares of Common Stock are reserved for issuance upon exercise of the Warrants and 852,648 shares of Common Stock are reserved for issuance upon exercise of outstanding stock options.  Except as disclosed in the Registration Statement, there are no other outstanding obligations, warrants, options or other rights to subscribe for or purchase from the Company any class of capital stock of the Company.

 

(c)                                  The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or its authorized and issued shares of Common Stock held in its treasury, free from preemptive rights, the number of shares of Common Stock that will be sufficient to permit the exercise in full of all outstanding Warrants.

 

(d)                                 The Warrant Agent will create a special account for the issuance of Common Stock upon the exercise of Warrants.

 

(e)                                  The Company further covenants and agrees that it will pay when due and payable any and all federal and state transfer taxes and charges which may be payable in respect of the original issuance or delivery of the Warrant Certificates or certificates evidencing Common Stock upon exercise of the Warrants. The Company shall not, however, be required to pay any tax or governmental charge which may be payable in respect of any transfer involved in the transfer or delivery of Warrant Certificates or the issuance or delivery of certificates for Common Stock in a name other than that of the Holder of the Warrant Certificate evidencing Warrants surrendered for exercise or to issue or deliver any certificate for shares of Common Stock upon the exercise of any Warrants until any such tax or governmental charge shall have been paid (any such tax or governmental charge being payable by the Holder of such Warrant Certificate at the time of surrender) or until it has been established to the Company’s reasonable satisfaction that no such tax or governmental charge is due.

 

Section 10. Common Stock Record Date. Each Holder shall be deemed to have become the holder of record for the Warrant Shares pursuant to Section 2(d)(i) of the Warrants.

 

Section 11. Adjustment of Exercise Price, Number of Shares of Common Stock or Number of the Company Warrants. The Exercise Price, the number of shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Warrant. In the event that at any time, as a result of an adjustment made pursuant to Section 3 of the Warrant, the Holder of any Warrant thereafter exercised shall become entitled to receive any shares of capital stock of the Company other than shares of Common Stock, thereafter the number of such other shares so receivable upon exercise of any Warrant shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the shares contained in Section 3 of the Warrant, and the provisions of Sections 7, 9 and 13 of this Agreement with respect to the shares of Common Stock shall apply on like terms to any such other shares.  All Warrants originally issued by the Company subsequent to any adjustment made to the Exercise Price pursuant to the Warrant shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided herein.

 

Section 12. Certification of Adjusted Exercise Price or Number of Shares of Common Stock. Whenever the Exercise Price or the number of shares of Common Stock issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent to send a brief summary thereof to each Holder of a Warrant.

 

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Section 13. Fractional Shares of Common Stock.

 

(a)                                 The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates that evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction either up or down to the nearest whole Warrant.

 

(b)                                 The Company shall not issue fractions of shares of Common Stock upon exercise of Warrants or distribute stock certificates that evidence fractional shares of Common Stock. Whenever any fraction of a share of Common Stock would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the Warrant.

 

Section 14. Conditions of the Warrant Agent’s Obligations. The Warrant Agent accepts its obligations herein set forth upon the terms and conditions hereof, including the following to all of which the Company agrees and to all of which the rights hereunder of the Holders from time to time of the Warrant shall be subject:

 

(a)                                 Compensation and Indemnification. The Company agrees promptly to pay the Warrant Agent the compensation detailed on Exhibit 2 hereto for all services rendered by the Warrant Agent and to reimburse the Warrant Agent for reasonable out-of-pocket expenses (including reasonable counsel fees) incurred without gross negligence, bad faith or willful misconduct by the Warrant Agent in connection with the services rendered hereunder by the Warrant Agent. The Company also agrees to indemnify the Warrant Agent for, and to hold it harmless against, any loss, liability or expense incurred without gross negligence, bad faith or willful misconduct on the part of the Warrant Agent, arising out of or in connection with its acting as Warrant Agent hereunder, including the reasonable costs and expenses of defending against any claim of such liability.

 

(b)                                 Agent for the Company. In acting under this Warrant Agreement and in connection with the Warrant Certificates, the Warrant Agent is acting solely as agent of the Company and does not assume any obligations or relationship of agency or trust for or with any of the Holders of Warrant Certificates or beneficial owners of Warrants.

 

(c)                                  Counsel. The Warrant Agent may consult with counsel satisfactory to it, which may include counsel for the Company, and the written advice of such counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in accordance with the advice of such counsel.

 

(d)                                 Documents. The Warrant Agent shall be protected and shall incur no liability for or in respect of any action taken or omitted by it in reliance upon any Warrant Certificate, notice, direction, consent, certificate, affidavit, statement or other paper or document reasonably believed by it to be genuine and to have been presented or signed by the proper parties.

 

(e)                                  Certain Transactions. The Warrant Agent, and its officers, directors and employees, may become the owner of, or acquire any interest in, Warrants, with the same rights that it or they would have if it were not the Warrant Agent hereunder, and, to the extent permitted by applicable law, it or they may engage or be interested in any financial or other transaction with the Company and may act on, or as depositary, trustee or agent for, any committee or body of Holders of Warrant Securities or other obligations of the Company as freely as if it were not the Warrant Agent hereunder. Nothing in this Warrant Agreement shall be deemed to prevent the Warrant Agent from acting as trustee under any indenture to which the Company is a party.

 

(f)                                   No Liability for Interest. Unless otherwise agreed with the Company, the Warrant Agent shall have no liability for interest on any monies at any time received by it pursuant to any of the provisions of this Agreement or of the Warrant Certificates.

 

(g)                                  No Liability for Invalidity. The Warrant Agent shall have no liability with respect to any invalidity of this Agreement or any of the Warrant Certificates (except as to the Warrant Agent’s countersignature thereon).

 

(h)                                 No Responsibility for Representations. The Warrant Agent shall not be responsible for any of the recitals or representations herein or in the Warrant Certificates (except as to the Warrant Agent’s countersignature thereon), all of which are made solely by the Company.

 

(i)                                     No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are herein and in the Warrants specifically set forth and no implied duties or obligations shall be read into this Agreement or the Warrants against the Warrant Agent. The Warrant Agent shall not be under any obligation to take any action hereunder which 

 

7

 

may tend to involve it in any expense or liability, the payment of which within a reasonable time is not, in its reasonable opinion, assured to it. The Warrant Agent shall not be accountable or under any duty or responsibility for the use by the Company of any of the Warrants authenticated by the Warrant Agent and delivered by it to the Company pursuant to this Agreement or for the application by the Company of the proceeds of the Warrants. The Warrant Agent shall have no duty or responsibility in case of any default by the Company in the performance of its covenants or agreements contained herein or in the Warrants or in the case of the receipt of any written demand from a Holder of a Warrant Certificate with respect to such default, including, without limiting the generality of the foregoing, any duty or responsibility to initiate or attempt to initiate any proceedings at law.

 

Section 15. Purchase or Consolidation or Change of Name of Warrant Agent. Any corporation into which the Warrant Agent or any successor Warrant Agent may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the Warrant Agent or any successor Warrant Agent shall be party, or any corporation succeeding to the corporate trust business of the Warrant Agent or any successor Warrant Agent, shall be the successor to the Warrant Agent under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties hereto, provided that such corporation would be eligible for appointment as a successor Warrant Agent under the provisions of Section 17. In case at the time such successor Warrant Agent shall succeed to the agency created by this Agreement any of the Warrants shall have been countersigned but not delivered, any such successor Warrant Agent may adopt the countersignature of the predecessor Warrant Agent and deliver such Warrants so countersigned; and in case at that time any of the Warrants shall not have been countersigned, any successor Warrant Agent may countersign such Warrants either in the name of the predecessor Warrant Agent or in the name of the successor Warrant Agent; and in all such cases such Warrants shall have the full force provided in the Warrants and in this Agreement.

 

In case at any time the name of the Warrant Agent shall be changed and at such time any of the Warrants shall have been countersigned but not delivered, the Warrant Agent may adopt the countersignature under its prior name and deliver Warrants so countersigned; and in case at that time any of the Warrants shall not have been countersigned, the Warrant Agent may countersign such Warrants either in its prior name or in its changed name; and in all such cases such Warrants shall have the full force provided in the Warrants and in this Agreement.

 

Section 16. Duties of Warrant Agent. The Warrant Agent undertakes the duties and obligations imposed by this Agreement upon the following terms and conditions, by all of which the Company, by its acceptance hereof, shall be bound:

 

(a)                                 The Warrant Agent may consult with legal counsel reasonably acceptable to the Company (who may be legal counsel for the Company), and the opinion of such counsel shall be full and complete authorization and protection to the Warrant Agent as to any action taken or omitted by it in good faith and in accordance with such opinion.

 

(b)                                 Whenever in the performance of its duties under this Agreement the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a certificate signed by the Chief Executive Officer or Chief Financial Officer of the Company; and such certificate shall be full authentication to the Warrant Agent for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon such certificate.

 

(c)                                  Subject to the limitation set forth in Section 14, the Warrant Agent shall be liable hereunder only for its own gross negligence, bad faith or willful misconduct, or for a breach by it of this Agreement.

 

(d)                                 The Warrant Agent shall not be liable for or by reason of any of the statements of fact or recitals contained in this Agreement or in the Warrants (except its countersignature thereof) by the Company or be required to verify the same, but all such statements and recitals are and shall be deemed to have been made by the Company only.

 

(e)                                  The Warrant Agent shall not be under any responsibility in respect of the validity of this Agreement or the execution and delivery hereof (except the due execution hereof by the Warrant Agent) or in respect of the validity or execution of any Warrant (except its countersignature thereof); nor shall it be responsible for any breach by the Company of any covenant or condition contained in this Agreement or in any Warrant; nor shall it be responsible for the adjustment of the Exercise Price or the making of any change in the number of shares of Common Stock required under the provisions of Section 11 or 13 or responsible for the manner, method or amount of any such change or the ascertaining of the existence of facts that would require any such adjustment or change (except with respect to the exercise of Warrants evidenced by 

 

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Warrant Certificates after actual notice of any adjustment of the Exercise Price); nor shall it by any act hereunder be deemed to make any representation or warranty as to the authorization or reservation of any shares of Common Stock to be issued pursuant to this Agreement or any Warrant or as to whether any shares of Common Stock will, when issued, be duly authorized, validly issued, fully paid and nonassessable.

 

(f)                                   Each party hereto agrees that it will perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged and delivered all such further and other acts, instruments and assurances as may reasonably be required by the other party hereto for the carrying out or performing by any party of the provisions of this Agreement.

 

(g)                                  The Warrant Agent is hereby authorized to accept instructions with respect to the performance of its duties hereunder from the Chief Executive Officer or Chief Financial Officer of the Company, and to apply to such officers for advice or instructions in connection with its duties, and it shall not be liable and shall be indemnified and held harmless for any action taken or suffered to be taken by it in good faith in accordance with instructions of any such officer, provided Warrant Agent carries out such instructions without gross negligence, bad faith or willful misconduct.

 

(h)                                 The Warrant Agent and any shareholder, director, officer or employee of the Warrant Agent may buy, sell or deal in any of the Warrants or other securities of the Company or become pecuniarily interested in any transaction in which the Company may be interested, or contract with or lend money to the Company or otherwise act as fully and freely as though it were not Warrant Agent under this Agreement. Nothing herein shall preclude the Warrant Agent from acting in any other capacity for the Company or for any other legal entity.

 

(i)                                     The Warrant Agent may execute and exercise any of the rights or powers hereby vested in it or perform any duty hereunder either itself or by or through its attorney or agents, and the Warrant Agent shall not be answerable or accountable for any act, default, neglect or misconduct of any such attorney or agents or for any loss to the Company resulting from any such act, default, neglect or misconduct, provided reasonable care was exercised in the selection and continued employment thereof.

 

Section 17. Change of Warrant Agent. The Warrant Agent may resign and be discharged from its duties under this Agreement upon 30 days’ notice in writing sent to the Company and to each transfer agent of the Common Stock, and to the Holders of the Warrant Certificates. The Company may remove the Warrant Agent or any successor Warrant Agent upon 30 days’ notice in writing, sent to the Warrant Agent or successor Warrant Agent, as the case may be, and to each transfer agent of the Common Stock, and to the Holders of the Warrant Certificates. If the Warrant Agent shall resign or be removed or shall otherwise become incapable of acting, the Company shall appoint a successor to the Warrant Agent. If the Company shall fail to make such appointment within a period of 30 days after such removal or after it has been notified in writing of such resignation or incapacity by the resigning or incapacitated Warrant Agent or by the Holder of a Warrant Certificate (who shall, with such notice, submit his Warrant Certificate for inspection by the Company), then the Holder of any Warrant Certificate may apply to any court of competent jurisdiction for the appointment of a new Warrant Agent. Any successor Warrant Agent, whether appointed by the Company or by such a court, shall be a corporation organized and doing business under the laws of the United States or of a state thereof, in good standing, which is authorized under such laws to exercise corporate trust powers and is subject to supervision or examination by federal or state authority and which has at the time of its appointment as Warrant Agent a combined capital and surplus of at least $50,000,000. After appointment, the successor Warrant Agent shall be vested with the same powers, rights, duties and responsibilities as if it had been originally named as Warrant Agent without further act or deed; but the predecessor Warrant Agent shall deliver and transfer to the successor Warrant Agent any property at the time held by it hereunder, and execute and deliver any further assurance, conveyance, act or deed necessary for the purpose. Not later than the effective date of any such appointment, the Company shall file notice thereof in writing with the predecessor Warrant Agent and each transfer agent of the Common Stock, and mail a notice thereof in writing to the Holders of the Warrant Certificates. However, failure to give any notice provided for in this Section 17, or any defect therein, shall not affect the legality or validity of the resignation or removal of the Warrant Agent or the appointment of the successor Warrant Agent, as the case may be.

 

Section 18. Issuance of New Warrants. Notwithstanding any of the provisions of this Agreement or of the Warrants to the contrary, the Company may, at its option, issue a new Global Warrant or Warrant Certificates, if any, evidencing Warrants in such form as may be approved by its Board of Directors to reflect any adjustment or change in the Exercise Price per share and the number or kind or class of shares of stock or other securities or property purchasable under the Global Warrant or Warrant Certificates, if any, made in accordance with the provisions of this Agreement.

 

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Section 19. Notices. Notices or demands authorized by this Agreement to be given or made (i) by the Warrant Agent or by the Holder of any Warrant Certificate to or on the Company, (ii) subject to the provisions of Section 17, by the Company or by the Holder of any Warrant Certificate to or on the Warrant Agent or (iii) by the Company or the Warrant Agent to the Holder of any Warrant Certificate, shall be deemed given (a) on the date delivered, if delivered personally, (b) on the first Business Day following the deposit thereof with Federal Express or another recognized overnight courier, if sent by Federal Express or another recognized overnight courier, (c) on the fourth Business Day following the mailing thereof with postage prepaid, if mailed by registered or certified mail (return receipt requested), and (d) the date of transmission, if such notice or communication is delivered via facsimile or email attachment at or prior to 5:30 p.m. (New York City time) on a Business Day and (e) the next Business Day after the date of transmission, if such notice or communication is delivered via facsimile or email attachment on a day that is not a Business Day or later than 5:30 p.m. (New York City time) on any Business Day, in each case to the parties at the following addresses (or at such other address for a party as shall be specified by like notice):

 

(a)                                 If to the Company, to:

 

ContraVir Pharmaceuticals, Inc.

399 Thornall Street, First Floor

Edison, New Jersey 08837

Attention:  Chief Executive Officer

 

(b)                                 If to the Warrant Agent, to:

 

Philadelphia Stock Transfer, Inc.

2320 Haverford Rd,

Ardmore, Pennsylvania 19003

Attention: Bob Winterle

 

(c)                                  If to the Holder of any Warrant Certificate, to the address of such Holder as shown on the registry books of the Company. Any notice required to be delivered by the Company to the Holder of any Warrant may be given by the Warrant Agent on behalf of the Company. Notwithstanding any other provision of this Agreement, where this Agreement provides for notice of any event to a Holder of any Warrant Certificate, for a Global Warrant, such notice shall be sufficiently given if given to the Depositary (or its designee) pursuant to the procedures of the Depositary or its designee

 

For any notice delivered by email to be deemed given or made, such notice must be followed by notice sent by overnight courier service to be delivered on the next business day following such email, unless the recipient of such email has acknowledged via return email receipt of such email.

 

Section 20. Supplements and Amendments.

 

(a)                                 The Company and the Warrant Agent may from time to time supplement or amend this Agreement without the approval of any Holders of Warrant Certificates in order to cure any ambiguity, to correct or supplement any provision contained herein which may be defective or inconsistent with any other provisions herein, or to make any other provisions with regard to matters or questions arising hereunder which the Company and the Warrant Agent may deem necessary or desirable and which shall not adversely affect the interests of the Holders of the Warrants Certificates in any material respect.

 

(b)                                 In addition to the foregoing, with the consent of Holders of Warrants, the Company and the Warrant Agent may modify this Agreement for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Warrant Agreement or modifying in any manner the rights of the Holders of the Warrant Certificates; provided, however, that no modification of the terms (including but not limited to the adjustments described in Section 11) upon which the Warrants are exercisable or reducing the percentage required for consent to modification of this Agreement may be made without the consent of the Holder of each outstanding warrant certificate affected thereby. As a condition precedent to the Warrant Agent’s execution of any amendment, the Company shall deliver to the Warrant Agent a certificate from a duly authorized officer of the Company that states that the proposed amendment complies with the terms of this Section 20.

 

Section 21. Successors. All covenants and provisions of this Agreement by or for the benefit of the Company or the Warrant Agent shall bind and inure to the benefit of their respective successors and assigns hereunder.

 

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Section 22. Benefits of this Agreement. Nothing in this Agreement shall be construed to give any Person other than the Company, the Holders of Warrant Certificates and the Warrant Agent any legal or equitable right, remedy or claim under this Agreement; but this Agreement shall be for the sole and exclusive benefit of the Company, the Warrant Agent and the Holders of the Warrant Certificates.

 

Section 23. Governing Law. This Agreement and each Warrant issued hereunder shall be governed by, and construed in accordance with, the laws of the State of New York without giving effect to the conflicts of law principles thereof.

 

Section 24. Counterparts. This Agreement may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

Section 25. Captions. The captions of the sections of this Agreement have been inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions hereof.

 

Section 26. Information. The Company agrees to promptly provide to the Holders of the Warrants any information it  provides to all holders of the Common Stock, except to the extent any such information is publicly available on the EDGAR system (or any successor thereof) of the Securities and Exchange Commission.

 

Section 27. Force Majeure. Notwithstanding anything to the contrary contained herein, Warrant Agent shall not be liable for any delays or failures in performance resulting from acts beyond its reasonable control including, without limitation, acts of God, terrorist acts, shortage of supply, breakdowns or malfunctions, interruptions or malfunction of computer facilities, or loss of data due to power failures or mechanical difficulties with information storage or retrieval systems, labor difficulties, war, or civil unrest, it being understood that the Warrant Agent shall use reasonable best efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances.

 

[Signature Page to Follow]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the day and year first above written.

 

	
 
    	
CONTRAVIR PHARMACEUTICALS, INC.
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ James Sapirstein
    
	
 
    	
Name: James Sapirstein
    
	
 
    	
Title: CEO
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
PHILADELPHIA STOCK   TRANSFER, INC.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Robert J. Winterle
    
	
 
    	
Name: Robert J.   Winterle
    
	
 
    	
Title: President
    

 

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Annex A: Form of Warrant Certificate Request Notice

 

WARRANT CERTIFICATE REQUEST NOTICE

 

To: Philadelphia Stock Transfer, Inc. as Warrant Agent for ContraVir Pharmaceuticals, Inc. (the “Company”)

 

The undersigned Holder of Common Stock Purchase Warrants (“Warrants”) in the form of Global Warrants issued by the Company hereby elects to receive a Warrant Certificate evidencing the Warrants held by the Holder as specified below:

 

1.              Name of Holder of Warrants in form of Global Warrants:

 

2.              Name of Holder in Warrant Certificate (if different from name of Holder of Warrants in form of Global Warrants):

 

3.              Number of Warrants in name of Holder in form of Global Warrants:

 

4.              Number of Warrants for which Warrant Certificate shall be issued:

 

5.              Number of Warrants in name of Holder in form of Global Warrants after issuance of Warrant Certificate, if any:

 

6.              Warrant Certificate shall be delivered to the following address:

 

 

 

The undersigned hereby acknowledges and agrees that, in connection with this Warrant Exchange and the issuance of the Warrant Certificate, the Holder is deemed to have surrendered the number of Warrants in form of Global Warrants in the name of the Holder equal to the number of Warrants evidenced by the Warrant Certificate.

 

[SIGNATURE OF HOLDER]

 

	
Name of Investing Entity:
    	
 
    
	
 
    	
 
    
	
Signature of Authorized   Signatory of Investing Entity:
    	
 
    
	
 
    	
 
    
	
Name of Authorized Signatory:
    	
 
    
	
 
    	
 
    
	
Title of Authorized Signatory:
    	
 
    
	
 
    	
 
    
	
Date:
    	
 
    

 

 

Exhibit 1: Form of Warrant

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00285-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00285-of-00352.parquet"}]]