Amendment to the Warrant. 1.1 Section 8 of the Warrant is hereby amended and restated in its entirety to read as follows:
Amendment to the Warrant. Notwithstanding anything in the Warrants to the contrary, the number of Warrant Units (as defined in the Warrants) exercisable pursuant to the Warrants shall double only if the Company does not consummate an initial public offering by February 28, 2018.
Amendment to the Warrant. (A) of the Warrant is hereby amended and restated in its entirety as follows:
Amendment to the Warrant. The defined term “Warrant Price” set forth in Section 9 of the Warrant is hereby amended and restated in its entirety as follows:
Amendment to the Warrant. Section 2 of the Warrant is hereby amended and restated in its entirety as set forth in Exhibit A hereto.
Amendment to the Warrant. The second paragraph of the Warrant is hereby amended and restated in its entirety to read: “This warrant may be exercised by Holders at any time or from time to time on or prior to September 30, 2016.”
Amendment to the Warrant. The first sentence of the first paragraph of the Warrant is hereby amended and restated in its entirety to read as follows: FOR VALUE RECEIVED, ISI Detention Contacting Group, Inc., a Delaware corporation (the “Company”), hereby grants to Xxxxxxx Xxxxx Mezzanine Capital Fund III, L.P., a Delaware limited partnership (the “Holder”), or its successors and assigns (together with the Holder, the “Registered Holders” and, individually, a “Registered Holder”), the right to purchase from the Company Forty-Eight and Ninety Five Hundredths (48.95) shares of the Common Stock, $1.00 par value per share, of the Company (the “Common Stock”) at a price per share of $1.00 (the “Exercise Price”).
Amendment to the Warrant. Subject to satisfaction of the conditions --------------------------- precedent set forth in Section 5 below, Section 10 of the Warrant is hereby amended and restated in its entirety to provide as follows:
Amendment to the Warrant. The definition of “Exercise Price” in Section 1 of the Warrant is hereby amended and restated to read in its entirety as follows:
Amendment to the Warrant. In consideration for entering into this Amendment, the parties hereby agree to amend the currently outstanding Series B-2 Warrant to purchase 3,111,111 shares of common stock of the Payor held by the Payee pursuant to the Amendment No. 1 To Series B-2 Warrant To Purchase Shares of Common Stock of Arcadia Resources, Inc. attached hereto as Exhibit A.
