ZIX CORPORATION Common Stock Purchase WarrantCommon Stock Purchase Warrant • May 10th, 2005 • Zix Corp • Services-computer programming, data processing, etc. • New York
ZIX CORPORATION, a Texas corporation, hereby certifies that, for value received, Rodman & Renshaw, LLC, or registered assigns (the “Holder”), is entitled, subject to the terms set forth below, to purchase from the Company at any time or from time to time before 5:00 p.m., New York City time, on the Expiration Date (such capitalized term and all other capitalized terms used herein having the respective meanings provided herein), 166,667 fully paid and nonassessable shares of Common Stock at a purchase price per share equal to the Purchase Price. The number of such shares of Common Stock and the Purchase Price are subject to adjustment as provided in this Warrant.
ZIX CORPORATION STOCK OPTION AGREEMENTStock Option Agreement • May 10th, 2005 • Zix Corp • Services-computer programming, data processing, etc. • Texas
THIS STOCK OPTION AGREEMENT (“Agreement”) is made and entered into as of the date set forth on the signature page attached hereto (the “Signature Page”) with respect to the stock options granted by Zix Corporation, a Texas corporation (the “Company”), to the Optionee (“Optionee”) listed on the signature page hereto.
