Exhibit 10.25
-------------
First Amendment to
WARRANTS
to Purchase Common Stock of
BPK Resources, Inc.
f/k/a Bepariko Biocom
Expiring on April 30, 2012
Warrant No. 2002-1
To reflect the Company's split and name change and to memorialize the prior
agreements of the parties, this warrant is hereby amended as follows:
The introductory and referenced paragraphs are hereby replaced as follows:
This Common Stock Purchase Warrant (the "Warrant") certifies that for value
received, Trident Growth Fund, LP f/k/a Gemini Capital, L.P. (the "Holder") or
its assigns, is entitled to subscribe for and purchase from the Company (as
hereinafter defined), in whole or in part, 300,000 shares of duly authorized,
validly issued, fully paid and nonassessable shares of Common Stock (as
hereinafter defined) at an initial Exercise Price (as hereinafter defined) per
share of $0.38, subject, however, to the provisions and upon the terms and
conditions hereinafter set forth. The number of Warrants (as hereinafter
defined), the number of shares of Common Stock purchasable hereunder, and the
Exercise Price therefore are subject to adjustment as hereinafter set forth.
These Warrants and all rights hereunder shall expire at 5:00 p.m., Houston,
Texas time, April 30, 2012.
.1 "Company" shall mean BPK Resources, Inc. f/k/a Bepariko Biocom., a
Nevada corporation, and shall also include any successor thereto with respect to
the obligations hereunder, by merger, consolidation or otherwise.
.2 "Common Stock" shall mean and include the Company's common stock, $0.001
par value per share, authorized on the date of the original issue of these
Warrants and shall also include (i) in case of any reorganization,
reclassification, consolidation, merger, share exchange or sale, transfer or
other disposition of assets, the stock or other securities provided for herein,
and (ii) any other shares of common stock of the Company into which such shares
of Common Stock may be converted.
.3 "Exercise Price" shall mean the initial purchase price of $0.38 per
share of Common Stock payable upon exercise of the Warrants, as adjusted from
time to time pursuant to the provisions hereof.
All other provision not superficially modified herein are in full force and
effect.
IN WITNESS WHEREOF, the Company has caused this Amendment to be signed in
its name dated July 29, 2003.
BPK Resources, Inc.
/s/ Xxxxxx Xxxxx
----------------
Xxxxxx Xxxxx
Title:
