EXHIBIT 4.2
NUMBER W
WARRANT
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WARRANT TO PURCHASE SHARES
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see reverse for certain definitions
NETSOL TECHNOLOGIES, INC.
COMMON STOCK PURCHASE WARRANT
will be void if not exercised prior to 11:59 P.M. Pacific Time on , 200
THIS CERTIFIES THAT
FOR VALUE RECEIVED _______________, THE REGISTERED HOLDER ("HOLDER"),
is entitled to purchase from NetSol Technologies, Inc., a Nevada corporation
(the "Company") at any time after 9:00 A.M. Eastern Time on ________, _____ at
the purchase price per share of $___ (the "Warrant Price"), the number of shares
of Common Stock of the Company set forth above (the "Shares"). The Warrants
expire on _______, 200_. Holders will not have any rights or privileges of
shareholders of the Company prior to exercise of the Warrants. The Warrant
evidenced hereby may be exercised in whole or in part by presentation of this
Warrant certificate with the Purchase Form on the reverse side hereof fully
executed (with a signature guarantee as provided on the reverse side hereof) and
simultaneous payment of the Warrant Price (subject to adjustment) at the
principal office of the Company. Payment of such price shall be made at the
option of the holder in cash or by certified check or bank draft. The Warrants
evidenced hereby are part of a duly authorized issue of Common Stock Purchase
Warrants with rights to purchase an aggregate of up to ___________ shares of
Common Stock of the Company. Upon any partial exercise of the Warrant evidenced
hereby, there shall be countersigned and issued to the Holder a new Warrant
Certificate in respect of the Shares as to which the Warrants evidenced hereby
shall not have been exercised. This Warrant Certificate may be exchanged at the
office of the Company by surrender of this Warrant Certificate properly endorsed
with a signature guarantee either separately or in combination with one or more
other Warrants for one or more new Warrants to purchase the same aggregate
number of Shares as evidenced by the Warrant or Warrants exchanged. No
fractional Shares will be issued upon the exercise of rights to purchase
hereunder, but the Company shall pay the cash value of any fraction upon the
exercise of one or more Warrants. The Holder hereof may be treated by the
Company and all other persons dealing with this Warrant Certificate as the
absolute owner hereof for all purposes and as the person entitled to exercise
the rights represented hereby, any notice to the contrary notwithstanding, and
until such transfer is on such books, the Company may treat the Holder as the
owner for all purposes.
DATED: NETSOL TECHNOLOGIES, INC.
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Xxxxx X.X. XxXxxxxxx , Secretary Xxxxx Xxxxxx, President
THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933. THE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT
BE OFFERED, SOLD, OR OTHERWISE TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT FOR THE SHARES UNDER THE SECURITIES ACT OF 1933, OR A
PRIOR OPINION OF COUNSEL SATISFACTORY TO THE ISSUER, THAT REGISTRATION IS NOT
REQUIRED UNDER THAT ACT.
ELECTION TO PURCHASE
The undersigned hereby elects irrevocably to exercise the within
Warrant and to purchase _______________________ shares of Common Stock of NetSol
Technologies, Inc. and hereby makes payment of $_________ (at the rate of $0.__)
per share) in payment of the Exercise Price pursuant hereto. Please issue the
shares as to which this Warrant is exercised in accordance with the instructions
given below.
The undersigned represents and warrants that the exercise of the within
Warrant was solicited by the member firm of the National Association of
Securities Dealers, Inc. ("NASD") listed below. If not solicited by an NASD
member, please write "unsolicited" in the space below.
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(Insert Name of NASD Member or "Unsolicited")
Dated: , 200_ Signature:_____________________
INSTRUCTIONS FOR REGISTRATION OF SHARES
Name (print)
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Address (print)
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THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933. THE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT
BE OFFERED, SOLD, OR OTHERWISE TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT FOR THE SHARES UNDER THE SECURITIES ACT OF 1933, OR A
PRIOR OPINION OF COUNSEL SATISFACTORY TO THE ISSUER, THAT REGISTRATION IS NOT
REQUIRED UNDER THAT ACT.
