AMENDED AND RESTATED WARRANT To Purchase 500,000 Shares of Common Stock of i2 TELECOM INTERNATIONAL, INC.Warrant • June 10th, 2009 • I2 Telecom International Inc • Radiotelephone communications
THIS AMENDED AND RESTATED WARRANT (the “Warrant”), pursuant to that certain Exchange Agreement by and between i2 Telecom International, Inc., a Washington corporation (the “Company”) and Stephen F. Butterfield, Living Trust U/A/D 01/12/1999 (the “Holder”), amends and restates in its entirety that certain Warrant issued by the Company to Holder on April 27, 2009 for up to 2,857,143 shares of common stock, no par value per share, of the Company. The dollar amounts and number of shares set forth in this Warrant reflect the Company’s 1-for-10 reverse stock split effected on May 14, 2009. Further, this Warrant certifies that, for value received, the Holder is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after June 5, 2009 (the “Initial Exercise Date”) and on or prior to the three-year anniversary of the Initial Exercise Date (the “Termination Date”), but not thereafter, to subscribe for and purchase from the
SUBSCRIPTION AGREEMENT FORSubscription Agreement • June 10th, 2009 • I2 Telecom International Inc • Radiotelephone communications • Washington
The undersigned subscriber (“Subscriber”) hereby tenders this Subscription Agreement (this “Agreement” or (“Subscription Agreement”) in accordance with and subject to the terms and conditions set forth herein:
EXCHANGE AGREEMENTExchange Agreement • June 10th, 2009 • I2 Telecom International Inc • Radiotelephone communications • Washington
This Exchange Agreement (this “Agreement”) is made and agreed to be effective as of June 5, 2009 (the “Effective Date”), by and among Stephen F. Butterfield, Living Trust U/A/D 01/12/1999 (the “Holder”), and i2 Telecom International, Inc., a Washington corporation (the “Company”); the Holder and the Company are sometimes each referred to herein as a “Party” and collectively, as the “Parties”.
