Common use of Warrants Extension Clause in Contracts

Warrants Extension. Maker hereby agrees to extend the expiration date on the 11,440,000 Warrants issued in connection with the remaining principal of $2,860,000 Promissory Note on April 1, 2013, which were originally scheduled to expire on March 31, 2016. The new expiration date is April 01, 2017.

Warrants Extension. Maker hereby agrees to extend the expiration date on the 11,440,000 Warrants issued in connection with the remaining $950,000 of principal of $2,860,000 from the Promissory Note on April 1January 31, 20132015, which were originally scheduled to expire on March 31April 01, 20162017. The new expiration date is April January 01, 20172019.

Warrants Extension. Maker hereby agrees to extend the expiration date on the 11,440,000 Warrants issued in connection with the remaining $529,000 of principal of $2,860,000 from the Promissory Note on April 1January 31, 20132015, which were originally scheduled to expire on March 31April 01, 20162017. The new expiration date is April January 01, 20172019.

Warrants Extension. Maker hereby agrees to extend the expiration date on the 11,440,000 Warrants issued in connection with the remaining $980,000 of principal of $2,860,000 from the Promissory Note on April 1January 01, 20132014, which were originally scheduled to expire on March 31April 01, 20162017. The new expiration date is April January 01, 20172019.

Warrants Extension. Maker hereby agrees to extend the expiration date on the 11,440,000 Warrants issued in connection with the remaining principal of $2,860,000 of principal from the Promissory Note on April 1January 31, 20132015, which were originally scheduled to expire on March 31April 01, 20162017. The new expiration date is April January 01, 20172019.

Warrants Extension. Maker hereby agrees to extend the expiration date on the 11,440,000 Warrants issued in connection with the remaining $1,600,000 of principal of $2,860,000 from the Promissory Note on April 104, 20132014, which were originally scheduled to expire on March 31April 01, 20162017. The new expiration date is April January 01, 20172019.