Document:

EX-4.4

 EXHIBIT 4.4 

SCHMITT INDUSTRIES, INC. 
 UP TO
[●] SHARES OF COMMON STOCK 
 ISSUABLE UPON EXERCISE OF NON-TRANSFERABLE RIGHTS

 TO SUBSCRIBE FOR SUCH SHARES 
 THE SUBSCRIPTION
RIGHTS ARE EXERCISABLE UNTIL 5:00 P.M., EASTERN TIME, 
 ON [●], 2017, SUBJECT TO EXTENSION AND EARLIER TERMINATION. 

To Our Clients: 
 We are sending this letter to you because we
hold shares of SCHMITT INDUSTRIES, INC. (the “Company”) common stock, no par value (the “Common Stock”) for you. The Company has commenced a rights offering of up to an aggregate of [●] shares of Common Stock of the
Company (the “Shares”) at a subscription price of $[●] per Share (the “Subscription Price”) pursuant to the exercise of non-transferable subscription rights (the “Rights”)
distributed to all holders of record of shares of the Common Stock as of [●], 2017 (the “Record Holders”). The Rights are described in the Company’s prospectus, dated [●], 2017, and evidenced by a rights certificate (the
“Rights Certificate”) registered in your name or in the name of your nominee. 
 The Company has distributed a Subscription Right for each share
of Common Stock that such Record Holder owned on [●], 2017. Each Right entitles the Record Holder to purchase one-third of a Share at the Subscription Price (the “Basic Subscription
Privilege”). Record Holders who exercise their Basic Subscription Privilege in full may also subscribe for additional Shares that remain unsubscribed at the Expiration Date at the same Subscription Price, subject to certain limitations (the
“Over-subscription Privilege”). There is no minimum number of Shares any Record Holder must purchase. Any excess subscription payment received by Broadridge Corporate Issuer Solutions, Inc. (the “Subscription Agent”) will be
returned promptly. 
 Each Rights holder will be required to submit payment in full for all the shares they wish to buy with their Basic Subscription
Privilege and their Oversubscription Privilege. If you wish to exercise your Oversubscription Privilege, you should indicate the number of additional Shares you would like to subscribe for in the space provided on the enclosed Beneficial Owner
Election Form. When you send in that form, you must also send the full purchase price for the number of additional Shares that you have requested (in addition to the payment due for Shares purchased through your Basic Subscription Privilege). If an
insufficient number of Shares is available to fully satisfy all Oversubscription Privilege requests, the available Shares will be allocated proportionately among rights holders who exercise their Over-subscription Privileges based on the number of
Shares each such holder subscribed for under the Basic Subscription Privilege. To the extent you properly exercise your Over-subscription Privilege for an amount of Shares that exceeds the number of unsubscribed Shares available to you, any excess
subscription payment received by the Subscription Agent will be promptly returned to you, without interest or deduction. We are (or our nominee is) the Record Holder of the Common Stock held by us for your account. We can exercise your Subscription
Rights only if you instruct us to do so. 
 We request instructions as to whether you wish to have us exercise the Subscription Rights relating to the
Common Stock we hold on your behalf, upon the terms and conditions set forth in the Prospectus. 
 We have enclosed your copy of the following documents:

 1. Letter to Subscription Rights holders from the Company; 

2. Prospectus; and 
 3. Beneficial Owner Election Form. 

The Subscription Rights will expire if not exercised prior to 5:00 p.m., Eastern Time, on [●], 2017, subject to extension and earlier termination (the
“Expiration Date”). Any Subscription Rights not exercised prior to the Expiration Date will expire and will have no value. Any subscription for Shares made in the rights offering is irrevocable. 

The materials enclosed are being forwarded to you as the beneficial owner of the Common Stock carried by us in your account but not registered in your name.
Exercises of Subscription Rights may be made only by us as the Record Holder and pursuant to your instructions. Accordingly, we request instructions as to whether you wish us to elect to subscribe for any Shares to which you are entitled pursuant to
the terms and subject to the conditions set forth in the Prospectus. However, we urge you to read the Prospectus and other enclosed materials carefully before instructing us to exercise your Subscription Rights. 

Your instructions to us should be forwarded as promptly as possible in order to permit us to exercise Subscription Rights on your behalf in accordance with
the provisions of the rights offering prior to the Expiration Date. 

 If you wish to have us, on your behalf, exercise the Subscription Rights for any Shares to which you are
entitled, please so instruct us by completing, executing and returning to us the “Beneficial Owner Election Form” included herewith. 
 If
you have any questions concerning the rights offering, you may contact Broadridge Corporate Issuer Solutions, Inc., the Subscription Agent, by telephone (800-733-1121)
or by email (Shareholder@Broadridge.com).EX-4.5

 EXHIBIT 4.5 

NOTICE OF GUARANTEED DELIVERY 
 This form, or one
substantially equivalent to this form, must be used to exercise Subscription Rights pursuant to the Rights Offering described in the prospectus dated [●], 2017 (the “Prospectus”) of SCHMITT INDUSTRIES, INC., an Oregon corporation
(the “Company”), if a holder of Subscription Rights cannot deliver the Subscription Rights Certificate(s) evidencing the Subscription Rights (the “Subscription Rights Certificate(s)”) to the Subscription Agent listed below (the
“Subscription Agent”) at or prior to 5:00 p.m., Eastern Time, on [●], 2017 (as it may be extended by the Company, the “Expiration Date”). This Notice of Guaranteed Delivery must be received by the Subscription Agent on or
prior to the Expiration Date. Payment of the Subscription Price of $[●] per share for each share of Common Stock subscribed for upon exercise of such Subscription Right must be received by the Subscription Agent in the manner specified in the
Prospectus at or prior to 5:00 p.m., Eastern Time, on the Expiration Date, even if the Subscription Rights Certificate evidencing such Subscription Rights is being delivered pursuant to the procedure for guaranteed delivery thereof. The Subscription
Rights Certificate evidencing such Subscription Rights must be received by the Subscription Agent within two (2) Nasdaq Capital Market exchange trading days following the date of this Notice of Guaranteed Delivery. 

The address of the Subscription Agent is as follows: 
  

			
	By mail:	  	By hand or overnight courier:
		
	 Broadridge Corporate Issuer Solutions, Inc.

Attn: BCIS Re-Organization Dept.

P.O. Box 1317
 Brentwood, New York 11717-0693

800-733-1121 (toll free)
	  	 Broadridge Corporate Issuer Solutions, Inc.

Attn: BCIS IWS
 51 Mercedes Way

Edgewood, New York 11717
 800-733-1121

 The Subscription Agent’s telephone number is
800-733-1121. 
 DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET
FORTH ABOVE DOES NOT CONSTITUTE A VALID DELIVERY. 
 Any questions regarding the Company’s rights offering or requests for additional copies of
documents may be directed to Broadridge Corporate Issuer Solutions, Inc. at 800-733-1121 (toll free), Monday through Friday (except bank holidays), between 9 a.m.
and 6 p.m., Eastern Time. 
 Ladies and Gentlemen: 

The undersigned hereby represents that he or she is the holder of Subscription Rights Certificate(s) representing Subscription Rights issued by SCHMITT
INDUSTRIES, INC. and that such Subscription Rights Certificate(s) cannot be delivered to the Subscription Agent at or before 5:00 p.m., Eastern Time, on the Expiration Date. Upon the terms and subject to the conditions set forth in the Prospectus,
receipt of which is hereby acknowledged, the undersigned hereby elects to exercise the following Subscription Rights, pursuant to the Basic Subscription Privilege and the Over-Subscription Privilege as described in the Prospectus: 

 

					
	 No. of shares subscribed for pursuant to exercise of Basic Subscription Privilege:
	  			
		  	  
	  
	 
	 plus
	  			
	 No. of additional shares subscribed for pursuant to exercise of Over-Subscription
Privilege:
	  			
		  	  
	  
	 
	 TOTAL SHARES SUBSCRIBED:
	  			
		  	  
	  
	 
	 x Subscription Price Per Share
	  	 	x $[●]	 
		
	 TOTAL PAYMENT DUE:
	  	 	$            	 
		  	  
	  
	 

 The undersigned understands that payment of the Subscription Price of $[●] per share for each share of
Common Stock subscribed pursuant to the Basic Subscription Privilege and the Over-Subscription Privilege must be received by the Subscription Agent at or before 5:00 p.m., Eastern Time, on the Expiration Date and represents that such payment, in the
aggregate amount set forth above, either (check appropriate box): 
 ☐  is being delivered to the Subscription Agent herewith; or 

☐  has been delivered separately to the Subscription Agent, and is or was delivered in the manner set forth below (check appropriate box and
complete information relating thereto): 
 ☐  uncertified personal check 

☐  certified bank check 

☐  bank draft (cashier’s check) 

☐  postal, telegraphic, or express money order 

☐  wire transfer of immediately available funds 

If by certified bank check, bank draft, or express money order, please provide the following information: 

Name of
maker:                                        
                                         
                                         
                
 Date of check, draft or money
order:                                        
                                         
                         
 Bank
on which check is drawn or issuer of money
order:                                        
                                  

Signature(s):                       
                                         
                                  

Name(s):                        
                                         
                                 

Address:                        
                                         
                                     

Telephone:                        
                                         
                         

(please print or type) 
 Subscription Rights 

Certificate
No.(s):                                        
                                         
         
 GUARANTEE OF DELIVERY 

(Not to Be Used for Subscription Rights Certificate Signature Guarantee) 

The undersigned, a member firm of a registered national securities exchange or of the Financial Industry Regulatory Authority, or a commercial bank or trust
company having an office or correspondent in the United States, or a bank, stockbroker, savings and loan association or credit union with membership in an approved signature guarantee medallion program, pursuant to Rule 17Ad-15 of the Securities Exchange Act of 1934, as amended, guarantees that the undersigned will deliver to the Subscription Agent the certificates representing the Subscription Rights being exercised hereby, with
any required signature guarantee and any other required documents, all within two (2) business days after the date hereof. 
  

			
	 Dated:
	 	  

	
	      

	 (Address)

	  

     

	
	 (Name of Firm)

	  
  

	 (Area Code and Telephone Number)

	  
  

	 (Authorized Signature)

 The institution that completes this form must communicate the guarantee to the Subscription Agent and must deliver the
Subscription Rights Certificate(s) to the Subscription Agent within the time period shown in the Prospectus. Failure to do so could result in a financial loss to such institution.

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