PRIVILEGED AND CONFIDENTIAL
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OBJECTSOFT CORPORATION
CONTINENTAL PLAZA III
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May 1, 2000
Continental Stock Transfer & Trust Company
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Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
RE: WARRANT AGREEMENT DATED AS OF NOVEMBER 11, 1996
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Dear ▇▇. ▇▇▇▇▇▇▇▇▇:
As of the date hereof, each of the Redeemable Class A Common Stock
Purchase Warrants (the "Warrants") of ObjectSoft Corporation, a Delaware
corporation (the "Company") represents the right of the holder thereof to
purchase, at the Exercise Price of $6.50, one-sixth of one share of the
Company's Common Stock. Please be advised that the Company's board of directors
has resolved that it is in the best interests of the Company to increase to one
share the amount of Common Stock which a holder may acquire upon exercise of
each Warrant.
Therefore, the Company desires to amend the warrant agreement dated as
of November 11, 1996, between the Company, Continental Stock Transfer & Trust
Company and Renaissance Financial Securities Corporation (the "Warrant
Agreement") by increasing to one full share of Common Stock the amount of Common
Stock which the registered holder of each Warrant may purchase at the Exercise
Price upon exercise of such Warrant; provided, however, that the increased
amount of shares will not be issuable until the Securities and Exchange
Commission declares effective a registration statement with respect to the
additional shares issuable as a result of this amendment. Except with respect to
this increase, the provisions of the Warrant Agreement shall remain unaltered
and in full force and effect and the Exercise Price and the number of shares of
Common Stock issuable upon exercise of each Warrant (as amended hereby) shall be
subject to adjustment as provided in the Warrant Agreement.
If the foregoing amendment to the Warrant Agreement is acceptable to
you, please so indicate by having your authorized representative sign and return
to us the enclosed copy of this letter agreement.
Very truly yours,
OBJECTSOFT CORPORATION
By: /s/ ▇▇▇▇▇ ▇.▇. ▇▇▇▇▇
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Chairman
AGREED AND ACCEPTED THIS 1st
DAY OF MAY, 2000:
CONTINENTAL STOCK TRANSFER & TRUST COMPANY
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Chairman
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