0000950137-07-009408 Sample Contracts

WARRANT TO PURCHASE COMMON STOCK OF MTI TECHNOLOGY CORPORATION
Mti Technology Corp • June 28th, 2007 • Computer storage devices • Delaware

This certifies that The Canopy Group, Inc., a Utah corporation, or assigns (collectively, the “Holder”), for value received, is entitled to purchase, at the Stock Purchase Price (as defined below), from MTI Technology Corporation, a Delaware corporation (the “Company”), up to that number of fully paid and nonassessable shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), equal to 125,000 (the “Warrant Shares”).

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AMENDMENT NO. 3 TO SECOND WAIVER AND CONSENT
Second Waiver and Consent • June 28th, 2007 • Mti Technology Corp • Computer storage devices

This Amendment No. 3 to Second Waiver and Consent (this “Amendment”), dated as of June 22, 2007, is by and between The Canopy Group, Inc., a Utah corporation (“Canopy”), and MTI Technology Corporation, a Delaware corporation (“MTI”).

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