SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 22nd, 2005 • Us Dataworks Inc • Services-prepackaged software • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of June 16, 2005 among US Dataworks, Inc., a Nevada corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
SHORT TERM COMMON STOCK PURCHASE WARRANT To Purchase 407,926 Shares of Common Stock of US DATAWORKS, INC.Security Agreement • June 22nd, 2005 • Us Dataworks Inc • Services-prepackaged software
THIS SHORT TERM COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Crescent International, Ltd. (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 the later of (a) the Effective Date (as defined in the Purchase Agreement) and (b) the date that is six months after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the 180 day anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from US Dataworks, Inc., a Nevada corporation (the “Company”), up to 407,926 shares (the “Warrant Shares”) of Common Stock, par value $0.0001 per share, of the Company (the “Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • June 22nd, 2005 • Us Dataworks Inc • Services-prepackaged software
This Agreement is made pursuant to the Securities Purchase Agreement, dated as of the date hereof among the Company and the Purchasers (the “Purchase Agreement”).
LONG TERM COMMON STOCK PURCHASE WARRANT To Purchase 471,154 Shares of Common Stock of US DATAWORKS, INC.Security Agreement • June 22nd, 2005 • Us Dataworks Inc • Services-prepackaged software
THIS LONG TERM COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Crescent International, Ltd. (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 the date that is six months after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the three year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from US Dataworks, Inc., a Nevada corporation (the “Company”), up to 471,154 shares (the “Warrant Shares”) of Common Stock, par value $0.0001 per share, of the Company (the “Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
CONVERTIBLE DEBENTUREConvertible Security Agreement • June 22nd, 2005 • Us Dataworks Inc • Services-prepackaged software • New York
THIS CONVERTIBLE DEBENTURE is one of a series of duly authorized and issued Convertible Debentures of US Dataworks, Inc., a Nevada corporation, having a principal place of business at 5301 Hollister Road, Suite 250, Houston, Texas 77040 (the “Company”), designated as its Convertible Debenture (the “Debenture(s)”).
