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AMENDMENT TO WARRANT ISSUED DECEMBER 1, 2005

Warrant Agreement

AMENDMENT TO WARRANT ISSUED DECEMBER 1, 2005 | Document Parties: INTREPID TECHNOLOGY AND RESOURCES, INC | YA GLOBAL INVESTMENTS, LP | Yorkville Advisors LLC You are currently viewing:
This Warrant Agreement involves

INTREPID TECHNOLOGY AND RESOURCES, INC | YA GLOBAL INVESTMENTS, LP | Yorkville Advisors LLC

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Title: AMENDMENT TO WARRANT ISSUED DECEMBER 1, 2005
Governing Law: Idaho     Date: 4/3/2008
Industry: Biotechnology and Drugs     Sector: Healthcare

AMENDMENT TO WARRANT ISSUED DECEMBER 1, 2005, Parties: intrepid technology and resources  inc , ya global investments  lp , yorkville advisors llc
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AMENDMENT TO WARRANT ISSUED DECEMBER 1, 2005

THIS AMENDMENT AGREEMENT (the “ Amendment ”)   is entered into as of March 28, 2008, between INTREPID TECHNOLOGY AND RESOURCES, INC., a corporation organized and existing under the laws of the State of Idaho (the “ Company ”), and YA GLOBAL INVESTMENTS, L.P. a Cayman Island exempted limited partnership (the “ Holder ”).
 
WHEREAS , the Company issued to the Holder on December 1, 2005 that certain warrant to purchase 5,000,000 shares of the Company’s Common Stock at an exercise price of $0.055 (the “ Warrant ”); and
 
WHEREAS , the parties wish to amend the Warrant as set forth below.
 
NOW, THEREFORE , it is agreed:
 
I.
Amendments .
 
 
A.
Section 1(b)(xv) “ Warrant Exercise Price ”: Section 1(b)(xv) of the Warrant is hereby deleted in its entirety and the following language shal

 
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