FIRST AMENDMENT TO
REPRICING WARRANT
This Amendment is to that certain Repricing Warrant issued by Telecom
Wireless Corporation, a Utah corporation (the "Company"), to the undersigned
(the "Holder") on or about ________________, 1999.
For good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the parties agree as follows:
1. Notwithstanding anything in the Repricing Warrant to the contrary, the
number of Repricing Shares issuable upon exercise of the Repricing Warrant shall
be equal to the number of Purchased Common Shares times .75 and the Repricing
Warrant shall be exercisable in whole or in part at an Exercise Price of $.001
per share at any time to and including the Repricing Date (March 24, 2000). All
other exercise or conversion rights granted to the Holder in the Repricing
Warrant are terminated.
2. The address for giving of notice to the Company shall be as follows:
Telecom Wireless Corporation
0000 XXX Xxxx., Xxxxx 0000
Xxxxxxxxx, Xxxxxxxx 00000
Attention: General Counsel
(000) 000-0000
(000) 000-0000 (fax)
All defined terms in this Amendment shall have the meaning ascribed to them
in the Repricing Warrant. In the event of any inconsistency between this
Amendment and the Repricing Warrant, the terms of this Amendment shall control.
Witness our signatures this _____ day of March, 2000.
TELECOM WIRELESS CORPORATION
By:
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Xxxxxx X. Xxxxxx, President and CEO
HOLDER:
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Print Name:
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Signature, if held jointly
Print Name:
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