EX-4.14 5 a20169a4exv4w14.htm EXHIBIT 4.14 exv4w14
 

EXHIBIT 4.14
AMENDMENT TO COMMON STOCK PURCHASE WARRANT
OF ARTES MEDICAL, INC.
(Issued in Connection with Bridge Loan 2004)
     This Amendment dated as of June 23, 2006 (this “Amendment”), to each of the Common Stock Purchase Warrants (each, a “Warrant” and collectively, the “Warrants”) for the purchase of shares of Common Stock of Artes Medical, Inc. (the “Company”) listed on Exhibit A hereto, is made by and between the Company and each of the holders of one or more Warrants listed on Exhibit A (each, a “Holder” and collectively, the “Holders”).
RECITALS
     Whereas, pursuant to the Preamble of each Warrant, each of the Warrants expires and ceases to be exercisable on the earlier of (i) 5:00 P.M. Pacific Standard Time, on June 30, 2009 or (ii) the closing of (a) the sale, lease, transfer or conveyance of all or substantially all of the assets of the Company, (b) a consolidation of the Company with, or merger of the Company with or into, any person (including any individual, partnership, joint venture, corporation, trust or group thereof) other than a consolidation or merger by the Company with a subsidiary of the Company in which the Company is the continuing entity or (c) the initial underwritten public offering of the Company’s common stock;
     Whereas, pursuant to Section 3 of each Warrant, each Holder is entitled to exercise such Holder’s Warrant through a “cashless exercise” feature by converting the Warrant into Warrant Shares (as defined in each of the Warrants) at any time or from time to time during the exercise period, the number of Warrant Shares to be computed using the Net Issuance formula provided in Section 3.1 of the Warrant; and
     Whereas, the Company and each of the Holders desire to amend the Warrants held by the Holders as set forth below.
AGREEMENT
     NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:
     1. Amendment to Preamble. The first paragraph of the Preamble of each of the Warrants is hereby amended and restated in its entirety to read as follows:
     “Artes Medical USA, Inc., a Delaware corporation (the “Company”), hereby certifies that, for value received,                      (including any successors and assigns, “Holder”), is entitled immediately upon or after the date hereof, and subject to the terms set forth below, to purchase from the Company at any time or from time to time before the earlier of (i) 5:00 P.M. Pacific Standard Time, on June 30, 2009 or (ii) the closing of (a) the sale, lease, transfer or conveyance of all or substantially all of the assets of the Company or (b) a consolidation of the Company with, or merger of the Company with or into, any person (including any individual, partnership, joint venture, corporation, trust or group thereof) other than a consolidation or merger by the Company with a subsidiary of the Company in which the Company is the continuing entity (the earlier to occur of (i) or (ii) the “Expiration Date”), fully paid and nonassessable shares of the Company’s Common Stock (the “Warrant Shares”), with

 

 

the number of the Warrant Shares and the exercise price of the Warrant Shares to be determined as follows:”
     2. Amendment to Section 3. Section 3 of each of the Warrants is hereby deleted in its entirety.
     3. Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of California as applied to agreements among California residents, entered into and to be performed entirely within California.
     4. Successors and Assigns. This Amendment shall be binding upon, and inure to the benefit of, the parties hereto, their respective successors and legal representatives and their permitted assigns.
     5. Warrant Terms to Remain in Effect. Except as specifically otherwise modified herein, each Warrant as previously executed remains in full force and effect.
     6. Effectiveness; No Amendment to Other Warrants. This Amendment shall become effective as to each of the Warrants upon the execution and delivery by each Holder of a Warrant Holder Election Form in the form provided by the Company to the Holder with respect to the applicable Warrant, indicating such Holder’s agreement to be bound by this Amendment. Notwithstanding Section 8.5 of each Warrant, this Amendment shall be effective only as to each Warrant that the applicable Holder has elected to amend as set forth in this Section 6, and shall not be effective as to any other warrant. Each Warrant so amended by this Amendment shall be listed on Exhibit A.
     7. Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
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Acknowledged and agreed:   ARTES MEDICAL, INC.,
a Delaware corporation
 
            
 
  By:        
 
           
 
            
 
  Name:        
 
           
 
            
 
  Title:        
 
           
[Signature Page to Amendment to Common Stock Purchase Warrant]

 

 

EXHIBIT A
WARRANT HOLDERS
                         
    Number of Shares           Original
    Underlying           Expiration
Name of Warrant Holder   Warrant   Exercise Price   Date
Adi Ruegg
     10,000     $ 1.25       06/30/09  
Adi Ruegg
     10,000     $ 1.25       06/30/09  
Adi Ruegg
     1,200     $ 1.25       06/30/09  
Alavi Intervivos Trust
     20,000     $ 1.25       06/30/09  
Ali Pourhasseini
     12,000     $ 1.25       06/30/09  
Amir Jamali
     10,000     $ 1.25       06/30/09  
Andreas Lemperle
     10,000     $ 1.25       06/30/09  
Andreas Lemperle
     1,200     $ 1.25       06/30/09  
Andrew Heinle
     16,000     $ 1.25       06/30/09  
Ann T. Thomas Separate Property Trust
     20,000     $ 1.25       06/30/09  
Arda Yalvac
     6,000     $ 1.25       06/30/09  
Camille Lieners
     100,000     $ 1.25       06/30/09  
Charlie Harb
     10,000     $ 1.25       06/30/09  
Christopher Holbech & Gregg Rudenberg
     10,000     $ 1.25       06/30/09  
Christopher Reinhard
     30,000     $ 1.25       06/30/09  
Claus Klohk
     24,000     $ 1.25       06/30/09  
David Keefe
     4,000     $ 1.25       06/30/09  
Dieter Simonson
     30,000     $ 1.25       06/30/09  
DJB Holdings, LLC
     80,000     $ 1.25       06/30/09  
Dorin Radu
     10,000     $ 1.25       06/30/09  
Ernst Meier
     28,000     $ 1.25       06/30/09  
Floyd & Ellen Larson
     20,000     $ 1.25       06/30/09  
Frederick Sandvick
     20,000     $ 1.25       06/30/09  
Gail Gobbato Salvatierra
     20,000     $ 1.25       06/30/09  
Gregory Anderson
     10,000     $ 1.25       06/30/09  
Gregory Schneider
     62,000     $ 1.25       06/30/09  
GSW Holdings, LLC
     40,000     $ 1.25       06/30/09  
Hanne Raymond
     20,000     $ 1.25       06/30/09  
Harry Booth
     10,000     $ 1.25       06/30/09  
Heinz Boksberger
     16,000     $ 1.25       06/30/09  
Horst Van Der Linden
     20,000     $ 1.25       06/30/09  
Horst Van Der Linden
     1,000     $ 1.25       06/30/09  
Irina Serpoukhovitina
     2,000     $ 1.25       06/30/09  
Isaac Moreno
     10,000     $ 1.25       06/30/09  
Jamshid Hamidi
     20,000     $ 1.25       06/30/09  
Jehangir Arjoman Kermani
     11,000     $ 1.25       06/30/09  

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    Number of Shares           Original
    Underlying           Expiration
Name of Warrant Holder   Warrant   Exercise Price   Date
Joerg Obwegeser
     10,000     $ 1.25       06/30/09  
John Olbrich
     20,000     $ 1.25       06/30/09  
John Zeeb
     10,000     $ 1.25       06/30/09  
Kamran Hamidi
     10,000     $ 1.25       06/30/09  
Kathleen & Richard Bryson
     10,000     $ 1.25       06/30/09  
Kathleen & Richard Bryson
     2,500     $ 1.25       06/30/09  
Kevin Green
     18,000     $ 1.25       06/30/09  
Knowles Family Trust
     40,000     $ 1.25       06/30/09  
Le Femme Investments, Inc.
     10,350     $ 1.25       06/30/09  
Le Femme Investments, Inc.
     10,000     $ 1.25       06/30/09  
Le Femme Investments, Inc.
     10,000     $ 1.25       06/30/09  
Lisa Bea Alton Anderson
     10,000     $ 1.25       06/30/09  
Lisa Bea Alton Anderson
     500     $ 1.25       06/30/09  
Lone Jack Ranch, LP
     20,000     $ 1.25       06/30/09  
Mark Ransom
     20,000     $ 1.25       06/30/09  
Martin Moehr
     20,000     $ 1.25       06/30/09  
Mehrdad Majlessi
     14,000     $ 1.25       06/30/09  
Merrel Olesen MD
     40,000     $ 1.25       06/30/09  
Michael Atallah
     4,000     $ 1.25       06/30/09  
Mira Habel
     4,010     $ 1.25       06/30/09  
Mira Habel
     500     $ 1.25       06/30/09  
Mission Consultants, Inc.
     10,000     $ 1.25       06/30/09  
Mones International, Inc.
     10,000     $ 1.25       06/30/09  
Nasri Investment, LLC
     40,000     $ 1.25       06/30/09  
Nathalie Ransom
     1,000     $ 1.25       06/30/09  
Neville Alleyne, MD
     40,000     $ 1.25       06/30/09  
Nhu-Y Huynh
     10,000     $ 1.25       06/30/09  
Opal Investments Management, Inc.
     32,000     $ 1.25       06/30/09  
Paul & Ann Thomas Community Property Trust
     40,000     $ 1.25       06/30/09  
Paul Becker
     40,000     $ 1.25       06/30/09  
Paul Treger
     10,000     $ 1.25       06/30/09  
Paul Treger
     500     $ 1.25       06/30/09  
Paul Zlotnik
     12,000     $ 1.25       06/30/09  
Paul Zlotnik
     600     $ 1.25       06/30/09  
Prof. Dr. Hannes Schierle
     40,000     $ 1.25       06/30/09  
Proteus Global Ventures, LP
     75,000     $ 1.25       06/30/09  
Quentin Rosas
     2,000     $ 1.25       06/30/09  
Riyadh Taila
     6,000     $ 1.25       06/30/09  
Robert Dagosta
     10,000     $ 1.25       06/30/09  
Rolf Schierl
     50,000     $ 1.25       06/30/09  
Rullan Family Trust
     24,000     $ 1.25       06/30/09  

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    Number of Shares           Original
    Underlying           Expiration
Name of Warrant Holder   Warrant   Exercise Price   Date
Sassan Alavi
     72,000     $ 1.25       06/30/09  
Sassan Alavi
     17,600     $ 1.25       06/30/09  
Schneider Family Trust
     80,000     $ 1.25       06/30/09  
South Bay Skin & Cancer Pension Plan for Dr. Peter Rullan
     16,000     $ 1.25       06/30/09  
Steen Allan Christensen
     10,218     $ 1.25       06/30/09  
Stefan Lemperle
     20,000     $ 1.25       06/30/09  
Steven Parkes
     10,000     $ 1.25       06/30/09  
Stuart Young MD
     40,000     $ 1.25       06/30/09  
Susan L. Wedell
     10,000     $ 1.25       06/30/09  
Theodore L. Folkerth MD
     32,000     $ 1.25       06/30/09  
Thomas Nutter & Shervin Yazdan
     10,000     $ 1.25       06/30/09  
Tracy Howell
     10,000     $ 1.25       06/30/09  
Urs W Schmid
     10,000     $ 1.25       06/30/09  
Wade Harb
     50,000     $ 1.25       06/30/09  
Wade Harb
     10,700     $ 1.25       06/30/09  
Wells Family Trust
     10,000     $ 1.25       06/30/09  
Wolfgang Jakob
     10,000     $ 1.25       06/30/09  
Zohreh Alaghemand
     20,000     $ 1.25       06/30/09  

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