WARRANT CERTIFICATEWarrant Agreement • December 13th, 2005 • Private Business Inc • Services-business services, nec
Contract Type FiledDecember 13th, 2005 Company IndustryFOR VALUE RECEIVED, ________________________ hereby sells, assigns and transfers unto ________________________________, whose address is __________________________, this Warrant Certificate, together with all right, title and interest therein, and does hereby irrevocably constitute and appoint ___________________________, Attorney to transfer the within Warrant Certificate on the books of the within-named Company, with full power of substitution.
WARRANT CERTIFICATEWarrant Agreement • December 13th, 2005 • Private Business Inc • Services-business services, nec
Contract Type FiledDecember 13th, 2005 Company IndustryThis Warrant Certificate certifies that, for value received, Lightyear PBI Holdings, LLC having an address at 375 Park Avenue, New York, New York 10152 (“Holder”), is the registered holder of warrants (the “Warrants”) to purchase, at any time and from time to time after the date hereof until 5:00 P.M., New York time, on January 20, 2014, up to 1,893,940 fully-paid and non-assessable shares (subject to adjustment in certain events) of Common Stock, no par value (“Common Stock”), of PRIVATE BUSINESS, INC., a Tennessee corporation (the “Company”), at the exercise price per share of $1.32, subject to adjustment in certain events (the “Exercise Price”), upon surrender of this Warrant Certificate, together with the attached Form of Election to Purchase duly executed, and payment of the Exercise Price at the principal office of the Company, but subject to the terms and conditions set forth herein and in the Warrant Agreement dated as of December 9, 2005 between the Company and the Initial Hol