WARRANT TO PURCHASE COMMON STOCK Warrant to Purchase 30,000 shares of Common Stock, $.01 par value of Travelzoo Inc.Warrant to Purchase Common Stock • July 24th, 2003 • Travelzoo Inc • Services-computer integrated systems design
THIS WARRANT TO PURCHASE COMMON STOCK (the “Warrant”), dated as of July __, 2003, is by and between Ralph Bartel (“Bartel”) and Wedbush Morgan Securities, Inc. (the “Underwriter” or “Holder”).
WEDBUSH MORGAN SECURITIES, INC. TRAVELZOO INC. UNDERWRITING AGREEMENT _________, 2003Underwriting Agreement • July 24th, 2003 • Travelzoo Inc • Services-computer integrated systems design • California
Ralph Bartel (“Mr. Bartel” or the “Selling Shareholder”) proposes, subject to the terms and conditions stated herein, to sell to Wedbush Morgan Securities, Inc. (the “Underwriter”) an aggregate of 300,000 shares (the “Firm Shares”) of the authorized and outstanding Common Stock, par value $0.01 (the “Common Stock”), of Travelzoo Inc., a Delaware corporation (the “Company”). Mr. Bartel also proposes to grant to the Underwriter an option to purchase up to 45,000 additional shares of the Common Stock (the “Option Shares”), for the sole purpose of covering over-allotments, if any, in connection with the sale of the Firm Shares. The Firm Shares and any Option Shares purchased pursuant to this Agreement are collectively referred to below as the “Shares.”
