LONG TERM COMMON STOCK PURCHASE WARRANT To Purchase 650,000 Shares of Common Stock of US DATAWORKS, INC.Us Dataworks Inc • November 29th, 2005 • 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 650,000 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).
November 22, 2005 Mr. Mel Craw, Cantara (Switzerland) SA Portfolio Manager to Crescent International Ltd. 84 av. Louis-Casal PO Box 161 CH – 1216 Cointrin / Geneva, Switzerland Dear Mel:Us Dataworks Inc • November 29th, 2005 • Services-prepackaged software
We are writing to confirm our agreement in principle reached via e-mail on November 1, 2005. By execution of this letter agreement (this “Agreement”), US Dataworks, Inc. (“UDW”) and Crescent International, Ltd. (“Crescent”) hereby agree, effective as of the date hereof, as follows:
REGISTRATION AGREEMENTRegistration Agreement • November 29th, 2005 • Us Dataworks Inc • Services-prepackaged software • Nevada
REGISTRATION AGREEMENT, dated as of November 22, 2005, between US DATAWORKS, INC. a Nevada corporation (the “Company”), and the purchasers signatory hereto (each such purchaser is a “Purchaser” and collectively, the “Purchasers”).
