SEC Contract Filing

Filing Date: 2016-11-09

Document Content:
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<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>ex10-3.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">QUANTUM
MATERIALS CORP.<BR>
WARRANTS</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THE
WARRANTS EVIDENCED HEREBY AND THE SECURITIES ISSUABLE UPON THE EXERCISE THEREOF ARE SUBJECT TO THE TERMS AND CONDITIONS OF THAT
CERTAIN UNIT SUBSCRIPTION AGREEMENT AMONG QUANTUM MATERIALS CORP., A NEVADA CORPORATION (THE &ldquo;<U>COMPANY</U>&rdquo;), AND
THE PERSON IDENTIFIED AT THE END OF THIS INSTRUMENT AS THE INVESTOR (THE &ldquo;<U>INVESTOR</U>&rdquo;), DATED AS OF THE DATE
HEREOF, AS THE SAME MAY BE AMENDED FROM TIME TO TIME (THE &ldquo;<U>UNIT SUBSCRIPTION AGREEMENT</U>&rdquo;).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NEITHER
THE WARRANTS GRANTED HEREIN NOR THE UNDERLYING SECURITIES HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
&ldquo;<U>SECURITIES ACT</U>&rdquo;), OR ANY STATE OR OTHER SECURITIES LAW. THE HOLDER HEREOF, BY ACQUIRING THIS INSTRUMENT, AGREES
THAT THESE WARRANTS MAY BE RESOLD, PLEDGED, EXERCISED OR OTHERWISE TRANSFERRED SOLELY IN ACCORDANCE WITH THE TERMS HEREOF, THE
UNIT SUBSCRIPTION AGREEMENT AND (A) ONLY (1) PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OR
(2) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, IN EACH CASE IN ACCORDANCE WITH ANY APPLICABLE SECURITIES
LAWS OF ANY STATE OF THE UNITED STATES AND (B) PURSUANT TO AN AVAILABLE EXEMPTION OR EFFECTIVE REGISTRATION UNDER ANY OTHER APPLICABLE
SECURITIES LAWS.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Warrant is granted pursuant to the terms and conditions of the Unit Subscription Agreement. Unless otherwise defined herein, capitalized
terms have the definitions ascribed thereto in the Unit Subscription Agreement.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
certifies that the Investor is the holder of warrants to purchase (the &ldquo;<U>Warrants</U>&rdquo;) [________] shares of Common
Stock, par value $0.001 per share, of the Company (&ldquo;<U>Common Stock</U>&rdquo;) at a purchase price equal to the Exercise
Price (such shares of Common Stock, the &ldquo;<U>Applicable Shares</U>&rdquo;). The exercise price, which shall be deliverable
upon the exercise of each Warrant, shall be $0.15 per share of Common Stock as such price may be amended from time to time as
provided herein (the &ldquo;<U>Exercise Price</U>&rdquo;). The Applicable Shares shall be deliverable upon surrender of this instrument
and payment of such Exercise Price to the Company, but subject to the conditions set forth herein. Payment of the Exercise Price
shall be made in immediately available funds and shall be accompanied by the Form of Exercise attached hereto properly completed
by the holder.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Warrants evidenced hereby shall be exercisable at any time and from time to time for Applicable Securities upon the exercise thereof
in accordance with the terms hereof; <U>provided</U> <U>however</U>, that the Warrants may not be exercised after (and shall expire
upon the occurrence of) the earlier to occur of (i) the fifth (5th) anniversary of the date hereof, and (ii) the closing of a
Significant Corporate Event. A &ldquo;<U>Significant Corporate Event</U>&rdquo; means any of the following events: (A) an underwritten
public offering of Company securities, (B) the Company merges or consolidates with or into another entity in a transaction in
which the equity security holders of the Company do not own 50% or more of the equity securities of the surviving entity, (C)
the Company sells or otherwise disposes of all or substantially all of the assets of the Company, or (D) the equity holders of
the Company transfer greater than 50% of the then issued and outstanding equity securities of Company.</FONT></P>

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