Attached files

file filename
EX-23.1 - CONSENT OF MOSS ADAMS LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - Movano Inc.ea134117ex23-1_movano.htm
EX-10.17 - AMENDED AND RESTATED LEAD INVESTOR AGREEMENT, DATED AUGUST 27, 2020, BETWEEN THE - Movano Inc.ea134117ex10-17_movano.htm
EX-10.16 - FORM OF 2020 NOTE PURCHASE AGREEMENT - Movano Inc.ea134117ex10-16_movano.htm
EX-10.15 - FORM OF DECEMBER 2019 AMENDMENT TO SECURITIES PURCHASE AGREEMENT BETWEEN THE REG - Movano Inc.ea134117ex10-15_movano.htm
EX-10.13 - FORM OF AUGUST 2019 AMENDMENT TO SECURITIES PURCHASE AGREEMENT BETWEEN THE REGIS - Movano Inc.ea134117ex10-13_movano.htm
EX-10.12 - FORM OF AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT - Movano Inc.ea134117ex10-12_movano.htm
EX-10.11 - FORM OF SECURITIES PURCHASE AGREEMENT - Movano Inc.ea134117ex10-11_movano.htm
EX-10.10 - FORM OF CONSENT AND AMENDMENT AGREEMENT - Movano Inc.ea134117ex10-10_movano.htm
EX-10.9 - FORM OF REGISTRATION RIGHTS AGREEMENT BETWEEN THE REGISTRANT AND INVESTORS FOR A - Movano Inc.ea134117ex10-9_movano.htm
EX-10.8 - FORM OF SECURITITES PURCHASE AGREEMENT - Movano Inc.ea134117ex10-8_movano.htm
EX-10.7 - OFFER LETTER, DATED NOVEMBER 29, 2019, BY AND BETWEEN THE REGISTRANT AND J. COGA - Movano Inc.ea134117ex10-7_movano.htm
EX-10.6 - OFFER LETTER, DATED NOVEMBER 29, 2019, BY AND BETWEEN THE REGISTRANT AND PHIL KE - Movano Inc.ea134117ex10-6_movano.htm
EX-10.5 - OFFER LETTER, DATED NOVEMBER 29, 2019, BY AND BETWEEN THE REGISTRANT AND MICHAEL - Movano Inc.ea134117ex10-5_movano.htm
EX-10.4 - FORM OF INDEMNIFICATION AGREEMENT BY AND BETWEEN THE REGISTRANT AND EACH OF ITS - Movano Inc.ea134117ex10-4_movano.htm
EX-10.2 - FORM OF STOCK OPTION AWARD AGREEMENT UNDER 2019 OMNIBUS INCENTIVE PLAN - Movano Inc.ea134117ex10-2_movano.htm
EX-4.6 - FORM OF WARRANT TO PURCHASE COMMON STOCK ISSUED IN 2020 - Movano Inc.ea134117ex4-6_movano.htm
EX-4.5 - FORM OF 2020 SUBORDINATED CONVERTIBLE PROMISSORY NOTE - Movano Inc.ea134117ex4-5_movano.htm
EX-4.4 - FORM OF AMENDED AND RESTATED WARRANT TO PURCHASE COMMON STOCK ISSUED THE PLACEME - Movano Inc.ea134117ex4-4_movano.htm
EX-4.3 - FORM OF AMENDED AND RESTATED WARRANT TO PURCHASE COMMON STOCK ISSUED TO THE PLAC - Movano Inc.ea134117ex4-3_movano.htm
EX-3.2 - BYLAWS OF THE REGISTRANT, AS CURRENTLY IN EFFECT - Movano Inc.ea134117ex3-2_movano.htm
EX-3.1 - SECOND AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF THE REGISTRANT, AS C - Movano Inc.ea134117ex3-1_movano.htm
S-1 - REGISTRATION STATEMENT - Movano Inc.ea134117-s1_movanoinc.htm

Exhibit 10.14

 

AMENDMENT TO THE SERIES A PURCHASE AGREEMENT

 

This Amendment (this “Amendment”), dated as of December 2, 2019, is by and among Movano Inc. (f/k/a Maestro Sensors Inc.), a Delaware corporation (the “Company”), and the other Persons party hereto. Capitalized terms used, but not defined, herein shall have the same respective meanings ascribed to such terms in the Series A Purchase Agreement (as defined below).

 

RECITALS

 

WHEREAS, on March 14, 2018, the Company and certain purchasers of Series A Preferred Stock of the Company (“Series A Preferred”) entered into a Securities Purchase Agreement (as amended from time to time, including as amended by the Consent and Amendment Agreement referenced below, the “Series A Purchase Agreement”);

 

WHEREAS, On March 6, 2019, the Company and certain holders of Series A Preferred entered into a Consent and Amendment Agreement, which made certain amendments to and waived certain provisions of the Series A Purchase Agreement; and

 

WHEREAS, On August 27, 2019, the Company and certain holders of Series A Preferred entered into an Amendment to the Series A Purchase Agreement, which made certain further amendments to the Series A Purchase Agreement;

 

NOW, THEREFORE, the Series A Purchase Agreement is amended as follows:

 

1. Section 4(r) of the Series A Purchase Agreement is amended and restated in its entirety as follows:

 

(r) Incentive Equity. The Required Buyers have on or about the date hereof approved the Company’s 2019 Omnibus Incentive Plan (the “Plan”) which provides for awards covering up to 4,000,000 shares of Common Stock (the “Reserved Shares”). The Company hereby agrees that prior to the closing of the IPO, the Company shall only issue “Options” (as defined in the Plan) under the Plan and that the exercise price per share for any Options issued shall not be less than the fair market value per share of the Common Stock at the time of grant as determined by an IRS Code Section 409(A) valuation obtained by the Company with respect to such Options, without the unanimous consent of the Board of Directors. The Plan will not be amended to increase the number of shares subject thereto until the Company becomes a Reporting Company or with the approval of the Required Buyers. It is acknowledged and agreed that the issuance of equity awards to grantees pursuant to the Plan, and the underlying shares of Common Stock, and/or the repurchase of shares of Common Stock issued upon the exercise of Options issued pursuant to the Plan, in each case in accordance therewith, shall not be deemed restricted by Section 4(j) or 4(n) of this Agreement.

 

2. Section 4(v) of the Series A Purchase Agreement is amended and restated in its entirety as follows:

 

(v) IPO Commitment. Unless otherwise agreed by LVP, the Company shall, no later than June 30, 2020, subject to extension upon the prior written approval of the Required Holders (such date, hereinafter, the “Form S-1 Filing Due Date”), file with or submit confidentially to the SEC (in the Company’s discretion) a registration statement on Form S-1 (or any successor form thereto) to register and sell Common Stock in an IPO and shall complete the IPO no later than March 31, 2021, subject to extension upon the prior written approval of the Required Holders.

 

[Signature pages follow]

 

 

 

 

IN WITNESS WHEREOF, the undersigned have caused their respective signature page to this Agreement to be duly executed as of the date first written above.

 

  COMPANY:
     
  MOVANO INC.,
  a Delaware corporation
     
  By:  
    Michael Leabman,
Chief Executive Officer

 

 

 

 

OMNIBUS SIGNATURE PAGE

 

By execution and delivery of this signature page the undersigned stockholder of Movano Inc. (the “Company”) (1) consents and agrees to the actions set forth in the above Written Consent of the Stockholders and (2) agrees to be party to (A) the above Amendment to the Series A Purchase Agreement (if the undersigned is a holder of shares of the Company’s Series A Convertible Preferred Stock) and (B) the above Amendment to Series B Purchase Agreement (if the undersigned is a holder of shares of the Company’s Series B Convertible Preferred Stock).

 

Sign Here:_________________________________________________________________

 

Stockholder Name:__________________________________________________________

 

Title, if Stockholder is an entity:_______________________________________________

 

Date: ____________________________________________________________________