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FIRST SUPPLEMENT TO NOTE PURCHASE AGREEMENT

Note Purchase Agreement

FIRST SUPPLEMENT TO NOTE PURCHASE AGREEMENT | Document Parties: SEQUIAM CORP | KIRBY CORPORATION You are currently viewing:
This Note Purchase Agreement involves

SEQUIAM CORP | KIRBY CORPORATION

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Title: FIRST SUPPLEMENT TO NOTE PURCHASE AGREEMENT
Date: 6/10/2005

FIRST SUPPLEMENT TO NOTE PURCHASE AGREEMENT, Parties: sequiam corp , kirby corporation
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NUMBER 09

 

600,000 WARRANTS

 

  Each Warrant Exercisable for One Share of Common Stock

 

 

SEQUIAM CORPORATION

a California corporation

 

 

 

see reverse for

c ertain definitions  

 

COMMON STOCK PURCHASE WARRANTS

 

 

 

This Certifies that for value received, Lee Harrison Corbin, Attorney-in-Fact for the Trust Under the Will of John Svenningsen, the registered holder (“Holder”),

 

is entitled to purchase from Sequiam Corporation, a California corporation (the "Company"), one share of Common Stock in the Company for each Warrant represented by this certificate, at any time during the “Exercise Period” (as hereinafter defined) at a purchase price (the "Exercise Price") equal to $0.33. As used herein, the "Exercise Period" shall mean the period beginning on March 24, 2005, and expiring on March 24, 2010. Holder will not have any rights or privileges of stockholders of the Company pursuant to the Warrants prior to exercise of the Warrants. The Warrants evidenced hereby may be exercised in whole or in part by presentation of this Warrant Certificate with the Purchase Form on the reverse side hereof fully executed and simultaneous payment of the Warrant Price at the principal office of the Company. Payment of the Warrant Price shall be made at the option of the Holder in cash or by certified check or bank draft. Upon any partial exercise of the Warrants evidenced hereby, there shall be countersigned and issued to the Holder

 

a new Warrant Certificate in respect of the Warrants evidenced hereby that shall not have been exercised. The Holder hereof may be treated by the Company and all other persons dealing with this Warrant Certificate as the absolute owner hereof for all purposes and as the person entitled to exercise the rights represented hereby, any notice to the contrary notwithstanding, and until


 
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