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exh4-3warrantcert_eci.txt
REDEEMABLE WARRANT
WARRANT TO PURCHASE _______________ SHARES OF COMMON STOCK
EMISSION CONTROL INC.
This certifies that, for the value received
______________________________________________________________________________,
the registered holder hereof or its assigns (the "Warrant Holder") is entitled
to purchase from Emission Control Inc., a Nevada corporation (the "Company") at
any time from ________________ to ________________, at the purchase price of
$.05 per share (the "Warrant Price"), the number of shares of Common Stock, par
value $.001, of the Company set forth above. The number of shares purchasable
upon exercise of this Warrant and the Warrant Price per share shall be subject
to adjustment from time to time as set forth in the Warrant Agency Agreement
referred to below.
The Warrant may be exercised in whole or in part by presentation of this
Warrant with the Purchase Form, duly executed and simultaneous payment of the
Warrant Price (subject to adjustment) at the principal office of the Company,
Suite 1250, 520-5th. Ave., SW, Calgary, Alberta, T2P 3R7, Canada. Payment of
such price shall be made at the option of the Warrant Holder in cash or by
certified funds.
The Company shall not permit the exercise of any redeemable Warrants
until a registration statement is in effect for the common shares to be
purchased upon the exercise of the Warrants pursuant to the Warrant Agency
Agreement.
This Warrant evidences the right to purchase an aggregate of up to
_______________________________________________________________________________
shares of Common Stock, $.001 par value, of the Company and is issued under and
in accordance with a Warrant Agency Agreement dated as of _____________________
(the "Warrant Agency Agreement"), between the Company and Interwest Transfer
Company, Inc., which is incorporated by reference, and is subject to the terms
and provisions contained in the Warrant Agency Agreement, to all of which the
Warrant Holder of this Warrant by acceptance hereof consents.
This Warrant is redeemable by the Company, in whole or in part, upon
thirty days notice to the Warrant Holder, at the price of $.0001 per warrant
(the "Redemption Price). The Company shall have the right to redeem warrants
at the redemption price only if a registration statement for the shares
underlying the warrants has been given an effective date by the Securities and
Exchange Commission and the bid for the Company's publicly traded Common shares
is above $.06 for ten consecutive trading days.
Upon any partial exercise of this Warrant, there shall be signed and
issued to the Warrant Holder hereof, a new Warrant in respect to the Shares as
to which this Warrant shall not have been exercised. This Warrant may be
exchanged at the office of the Company by surrender of this Warrant, properly
endorsed, for one or more new Warrants to purchase the same aggregate number of
shares represented by the Warrants exchanged. No fractional shares will be
issued hereunder, but the Company shall pay the cash value of any fraction upon
the exercise of one or more Warrants. This Warrant is transferable at the
office of the Company in the manner and subject to the limitations set forth in
the Warrant Agency Agreement.
This Warrant does not entitle any Warrant Holder to any of the rights of
a stockholder of the Company.
Dated:________________________
EMISSION CONTROL INC.
By: ______________________________
Xxxxx Xxxxxxx, President
Attest:________________________
ASSIGNMENT
(Form of Assignment to be Executed if the Warrant Holder Desires
to Transfer Warrants Evidenced Hereby)
FOR VALUE RECEIVED, _________________________________________________________
hereby sells, assigns and transfers to
__________________________________________________
________________________________________________
(Please insert social security or other identifying number)
________________________________________________
________________________________________________
________________________________________________
(Please print name and address including zip code.)
_______________________________________________________________________________
Warrants represented by this Warrant Certificate and does hereby irrevocably
constitute and appoint
_______________________________________________________________________________
Attorney, to transfer said Warrants on the books of the Warrant Agent with full
power of substitution in the premises.
Dated:____________________________
_____________________________________
Signature
(Signature must conform in all respects to
name of Warrant holder as specified on the
face of this Warrant Certificate)
Signature Guaranteed:
_________________________________
PURCHASE FORM
(Form of Exercise to be Executed if the Warrant Holder
Desires to Exercise Warrants Evidenced Hereby)
Warrant Agent:
The Undersigned hereby irrevocably elects to exercise
____________________ Warrants represented by this Warrant Certificate and to
purchase thereunder the full number of Share issuable upon exercise of such
Warrants and encloses $______________________as the purchase price therefor,
and requests that certificates for such Shares shall be issued in the name of,
and cash for any fractional Shares shall be paid to,
_____________________________________________________________
_____________________________________________
(Please insert social security or other identifying number)
____________________________________
____________________________________
____________________________________
(Please print name and address including zip code.)
_______________________________________________________________________________
and, if said number of Warrants shall not be all the Warrants evidenced by this
Warrant Certificate, that a new Warrant Certificate for the unexercised number
of Warrants evidenced by this Warrant Certificate, be delivered to the Warrant
Holder except as such unexercised number of Warrants may be assigned under the
form of Assignment appearing hereon.
Dated: ____________________________
_______________________________________
Signature
(Signature must conform in all respects to
name of the Warrant Holder as specified on
the face of this Warrant Certificate)
Signature Guaranteed:
____________________________________
NOTICE: Signature must be medallion signature guaranteed by a commercial bank
or member firm of one of the following: New York Stock Exchange, Pacific Stock
Exchange, American Stock Exchange or National Association of Securities
Dealers.