EXTENSION AGREEMENT
Exhibit 2.2
Reference is made to that certain MERGER AGREEMENT (“Merger Agreement”) dated February 7, 2006 by and among UNITY WIRELESS CORPORATION, a Delaware corporation having its Canada office at 000 Xxxxxx Xxxx Xxxxx, Xxxxxxx, XX Xxxxxx X0X 0X0 and its US office at 0000 Xxxx Xxxxx Xxxxxx, Xxxxx 000, Xxxxxxxxxx Xxxxxxxxxx 00000, UNITY WIRELESS MICROWAVE SYSTEMS LTD., an Israeli corporation, and AVANTRY LTD., having its principal office at New Industrial Park, Building 7, Yokneam Illit 00000 Xxxxxx. All capitalized terms not defined herein shall have the meaning set forth in the Merger Agreement.
The following sections of the Merger Agreement, and the following exhibits to the Merger Agreement, are hereby amended:
1.
Section 3(b), as heretofore amended, is further amended to change the dates from “April 15, 2006” to “June 12, 2006” and “April 30, 2006” to “June 27, 2006”.
2.
Section 3(c), as heretofore amended, is further amended to change the date from “April 15, 2006” to “June 12, 2006”.
3.
Section 1(a) of Exhibit 1(b), as heretofore amended, is amended to change the Maturity Date of the Notes from “April 15, 2007” to “June 12, 2007”.
4.
Section 2 of Exhibit 1(b)(ii), as heretofore amended, is hereby amended to change the date by which the Company is to file a registration statement for the shares issued and issuable on exercise of the Warrants from “June 1, 2006” to “November 15, 2006”.
Except as amended hereby, the Agreement is in all other respects ratified and confirmed.
Dated as of: __________, 2006
AVANTRY LTD.
By ____________________________
UNITY WIRELESS CORPORATION
By: __________
Name: Xxxx Xxxxx
Title: Chief Executive Officer
UNITY WIRELESS MICROWAVE SYSTEMS LTD.
By: __________
Name: Xxxx Xxxxx
Title: Chief Executive Officer
