Common use of Election to Purchase Clause in Contracts

Election to Purchase. The undersigned hereby irrevocably elects to exercise _________ of the Class A Warrants evidenced by the attached Warrant Certificate to purchase Warrant Shares, and herewith tenders (or is concurrently tendering) payment for such Warrant Shares in an amount determined in accordance with the terms of the Warrant Agreement. The undersigned requests that a certificate representing such Warrant Shares be registered in the name of ______________________, whose address is __________ ________________________________________ and that such certificate be delivered to ____________ ________________________, whose address is __________________________. If said number of Warrants is less than the number of Warrants evidenced by the Warrant Certificate (as calculated pursuant to the Warrant Agreement), the undersigned requests that a new Warrant Certificate evidencing the number of Warrants evidenced by this Warrant Certificate that are not being exercised be registered in the name of ____________________________, whose address is _________________________________ and that such Warrant Certificate be delivered to ____________________, whose address is __________ ______________________________.

Election to Purchase. The undersigned hereby irrevocably elects to exercise _________ of the Class A Warrants evidenced by the attached Warrant Certificate to purchase Warrant Shares, and herewith tenders (or is concurrently tendering) payment for such Warrant Shares in an amount determined in accordance with the terms of the Warrant Agreement. The undersigned requests that a certificate representing such Warrant Shares be registered in the name of _______________________, whose address is ___________ ________________________________________ _and that such certificate be delivered to ____________ ________________________, whose address is ______________________________________. If said number of Warrants is less than the number of Warrants evidenced by the Warrant Certificate (as calculated pursuant to the Warrant Agreement), the undersigned requests that a new Warrant Certificate evidencing the number of Warrants evidenced by this Warrant Certificate that are not being exercised be registered in the name of ____________________________, whose address is __________________________________ and that such Warrant Certificate be delivered to _____________________, whose address is __________ _________________________________.

Election to Purchase. (To Be Executed Upon Exercise Of Warrant) The undersigned hereby irrevocably elects to exercise the right, represented by this Warrant Certificate, to receive __________ shares of the Class A Warrants evidenced by the attached Warrant Certificate to purchase Warrant Shares, Common Stock and herewith tenders (or is concurrently tendering) payment for such Warrant Shares shares to the order of ANC Rental Corporation in an the amount determined of $______ in accordance with the terms hereof unless the holder is exercising Warrants pursuant to the net exercise provisions of Section 6 of the Warrant Agreement. The undersigned requests that a certificate representing for such Warrant Shares shares be registered in the name of ______________________, whose address is __________ ________________________________________ and that such certificate be delivered to ____________ ________________________, whose address is __________________________. If said number of Warrants is less than the number of Warrants evidenced by the Warrant Certificate (as calculated pursuant to the Warrant Agreement), the undersigned requests that a new Warrant Certificate evidencing the number of Warrants evidenced by this Warrant Certificate that are not being exercised be registered in the name of ____________________________, whose address is _________________________________ and that such Warrant Certificate shares be delivered to ____________________, _ whose address is ___________ ______________________. If said number of shares is less than all of the shares of Common Stock purchasable hereunder, the undersigned requests that a new Warrant Certificate representing the remaining balance of such shares be registered in the name of ________.______, whose address is _________________________, and that such Warrant Certificate be delivered to _________________, whose address is __________________. Signature: Date: Signature Guaranteed: ANNEX A ANC RENTAL CORPORATION and THE BANK OF NEW YORK ------------------------------- WARRANT AGREEMENT Dated as of September 28, 2001 WARRANT AGREEMENT TABLE OF CONTENTS PAGE SECTION 1. Appointment of Warrant Agent...........................................................1

Election to Purchase. To Xxxxxxx Educational Systems, Inc.: The undersigned hereby registered holder of the Warrant attached to this election notice irrevocably elects exercises the Warrant, purchases pursuant to such exercise _________ Common Shares of the Class A Warrants evidenced by the attached Warrant Certificate to purchase Warrant Company, makes payment of $___ for such Shares, and herewith tenders (or is concurrently tendering) payment requests that the certificates for such Warrant Shares in an amount determined in accordance with the terms of the Warrant Agreement. The undersigned requests that a certificate representing such Warrant Shares be registered issued in the name of the undersigned holder or its nominee and delivered to such holder at holder's address on the books of the Company. XXXXXXX XXXXXX MEZZANINE FUND, L.P. By: Xxxxxxx Xxxxxx Capital Partners LLP, its General Partner By: -------------------------------------------------------- Managing Partner Dated: March 24, 1998 ASSIGNMENT FOR VALUE RECEIVED, the undersigned registered holder of the Warrant attached to this assignment notice, sells, assigns and transfers unto __________________ the Warrant and all rights evidenced by such Warrant and does irrevocably constitute and appoint_______________________ attorney to transfer such Warrant on the books of the Company. XXXXXXX XXXXXX MEZZANINE FUND, whose address is __________ __L.P. By: Xxxxxxx Xxxxxx Capital Partners LLP, its General Partner By:______________________________________ and that such certificate be delivered to ____________ ________________________Managing Partner Dated: March 24, whose address is __________________________. If said number of Warrants is less than the number of Warrants evidenced by the Warrant Certificate (as calculated pursuant to the Warrant Agreement), the undersigned requests that a new Warrant Certificate evidencing the number of Warrants evidenced by this Warrant Certificate that are not being exercised be registered in the name of ____________________________, whose address is _________________________________ and that such Warrant Certificate be delivered to ____________________, whose address is __________ ______________________________.1998

Election to Purchase. (To be executed by the registered holder if such holder desires to exercise Rights represented by this Rights Certificate.) To: LAWRXXXX XXXINGS BANK The undersigned hereby irrevocably elects to exercise _________ of the Class A Warrants evidenced by the attached Warrant Certificate to purchase Warrant Shares, and herewith tenders (or is concurrently tendering) payment for such Warrant Shares in an amount determined in accordance with the terms of the Warrant Agreement. The undersigned requests that a certificate representing such Warrant Shares be registered in the name of ______________________, whose address is __________ ________________________________________ Rights represented by this Rights Certificate to purchase the shares of Preferred Stock issuable upon the exercise of the Rights ( or such other securities of the Company or of any other person which may be issuable upon the exercise of the Rights) and requests that certificates for such certificate shares be issued in the name of and delivered to ____________ ________________________, whose address is __________________________. to: Please insert social security or other identifying number --------------------------- -------------------------------------------------------------------------------- (Please print name and address) -------------------------------------------------------------------------------- If said such number of Warrants is less than Rights shall not be all the number of Warrants evidenced by the Warrant Certificate (as calculated pursuant to the Warrant Agreement), the undersigned requests that a new Warrant Certificate evidencing the number of Warrants Rights evidenced by this Warrant Rights Certificate, a new Rights Certificate that are not being exercised for the balance of such Rights shall be registered in the name of ____________________________and delivered to: Please insert social security or other identifying number --------------------------- -------------------------------------------------------------------------------- (Please print name and address) -------------------------------------------------------------------------------- Dated: , whose address is _________________________________ and that such Warrant Certificate be delivered to ____________________, whose address is __________ ______________________________.------------------------- ---------- ---------------------------------------- Signature Signature Guaranteed:

Election to Purchase. (To be executed by the registered holder if such holder desires to exercise the within Warrants) To: NETWORK-1 SECURITY SOLUTIONS, INC. 445 Park Avenue, Suite 1028, New York, New York 10022 Attxxxxxx: Xxxxx X. Xxxxxxxx, Xxxxxxxx xxx Xxxxx Xxxxxxxxx Xxficer The undersigned hereby irrevocably undersixxxx xxxxxx (0) xrrevocably elects to exercise ____his or its rights to purchase _____ shares of the Class A Warrants evidenced Common Stock covered by the attached Warrant Certificate to purchase Warrant Shareswithin Warrants, and herewith tenders (or is concurrently tendering2) makes payment in full of he Purchase Price by enclosure of a certified check, (3) requests that certificates for such Warrant Shares in an amount determined in accordance with the terms of the Warrant Agreement. The undersigned requests that a certificate representing such Warrant Shares shares be registered issued in the name of of: Please print name, address and Social Security or Tax Identification Number: ______________________, whose address is __________________________ ________________________________________ and that such certificate be delivered to ____________ ________________________, whose address is __________________________. If said number of Warrants is less than the number of Warrants evidenced by the Warrant Certificate (as calculated pursuant to the Warrant Agreement), the undersigned requests that a new Warrant Certificate evidencing the number of Warrants evidenced by this Warrant Certificate that are not being exercised be registered in the name of ____________________________, whose address is _________________________________ and (4) if said number of shares shall not be all the shares evidenced by the within Warrants, requests that such Warrant Certificate a new warrant certificate for the balance of the shares covered by the within Warrants be registered in the name of, and delivered to to: Please print name and address: ____________________, whose address is ____________________________ ______________________________.__________________ ________________________________________________ In lieu of receipt of a fractional share of Common Stock, the undersigned will receive a check representing payment therefor. Dated: _____________________ _________________________________ By: _____________________________ _____________________________

Election to Purchase. The undersigned hereby irrevocably elects to exercise _________ of the Class A Warrants evidenced by the attached Warrant Certificate to purchase Warrant Shares, and herewith tenders (or is concurrently tendering) payment for such Warrant Shares in an amount determined in accordance with the terms of the Warrant Agreement. The undersigned requests that a certificate representing such Warrant Shares be registered in the name of _______________________, whose address is __________ ________________________________________ _and that such certificate be delivered to _____________ ___________________, whose address is _____, whose address is _______________________________. If said number of Warrants is less than the number of Warrants evidenced by the Warrant Certificate (as calculated pursuant to the Warrant Agreement), the undersigned requests that a new Warrant Certificate evidencing the number of Warrants evidenced by this Warrant Certificate that are not being exercised be registered in the name of ____________________________, whose address is _________________________________ and that such Warrant Certificate be delivered to ____________________, whose address is ___________ ________________________________.