AMENDMENT TO REGISTRATION RIGHTS AGREEMENT
THIS AMENDMENT TO REGISTRATION RIGHTS AGREEMENT, dated as of
June __, 1999 (the "Agreement"), is made by and between THE FEMALE HEALTH
COMPANY, a Wisconsin corporation (the "Company"), and the undersigned
investor or investors (the "Initial Investors").
The Company agrees that it will include an additional
375,000 shares of the Company's Common Stock on the Registration Statement
(assuming all $1,500,000 of Convertible Debentures are sold in the private
placement) to cover the potential additional Warrants which would be issued
upon extension of the term of the Convertible Debentures for an additional
one year. In addition, the Company agrees that, if any additional
securities are issued as a result of a default on the terms of the
Convertible Debentures, the Company will use its reasonable best efforts to
amend the Registration Statement to register for resale those additional
shares.
IN WITNESS WHEREOF, the parties have caused this Agreement to be duly
executed as of the date first above written.
COMPANY:
THE FEMALE HEALTH COMPANY
By:______________________________
X.X. Xxxxxxx, Chairman and Chief
Executive Officer
INVESTORS:
________________________________
Xxxx Xxxxxx
________________________________
Xxxxxx Xxxxxx
________________________________
Xxxx Xxxx
W.G. SECURITIES LIMITED PARTNERSHIP
BY______________________________
Xxxxxxx Xxxxxx
________________________________
Xxxxxx Xxxxxxxx
MW\277089DRK:PN 05/24/99
