UNITED ENERGY CORP. FEBRUARY 2006 SERIES C PURCHASE WARRANT WARRANT (“WARRANT”) TO PURCHASE SHARES OF COMMON STOCK, $0.01 PAR VALUE PER SHAREUnited Energy Corp /Nv/ • March 9th, 2006 • Oil & gas field services, nec • New York
Company FiledMarch 9th, 2006 Industry JurisdictionThis is to certify that, FOR VALUE RECEIVED, Sherleigh Associates Inc. Profit Sharing Plan(“Warrantholder”), is entitled to purchase, subject to the provisions of this Warrant, from United Energy Corp., a corporation organized under the laws of Nevada (“Company”), at any time and from time to time commencing from the Issuance Date (“Exercise Date”), but not later than 5:00 P.M., Eastern time, on the fifth (5th) anniversary of the Issuance Date (“Expiration Date”), a total of FIVE MILLION FOUR THOUSAND (5,004,000) shares (“Warrant Shares”) of Common Stock, $0.01 par value (“Common Stock”) of the Company, at an initial exercise price per share of One Dollar ($1.00). The exercise price in effect from time to time is hereafter called the “Warrant Price”. The number of Warrant Shares purchasable upon exercise of this Warrant and the Warrant Price shall be subject to adjustment from time to time as described herein.
VCAMPUS CORPORATION PURCHASE WARRANTVcampus Corp • March 30th, 2004 • Services-services, nec • New York
Company FiledMarch 30th, 2004 Industry JurisdictionThis is to certify that, FOR VALUE RECEIVED, (“Warrantholder”), is entitled to purchase, subject to the provisions of this Warrant, from VCampus Corporation, a corporation organized under the laws of Delaware (“Company”), at any time and from time to time commencing six months from the Issuance Date, or on the date of Shareholder Approval, whichever shall first occur (“Exercise Date”), but not later than 5:00 P.M., Eastern time, on the fifth (5th) anniversary of the Issuance Date (“Expiration Date”), a total of [ ]shares (“Warrant Shares”) of Common Stock, $0.01 par value (“Common Stock”) of the Company, at an initial exercise price per share equal to the Market Price as of the Issuance Date. The exercise price in effect from time to time is hereafter called the “Warrant Price”. Immediately following the date of Shareholder Approval, the Warrant Price shall thereafter be $1.63 (subject to adjustment as provided herein as if the Warrant Price had been $1.63 on the Issuance Date). The nu