COMMON STOCK PURCHASE WARRANT WIZZARD SOFTWARE CORPORATIONSecurities Agreement • July 26th, 2007 • Wizzard Software Corp /Co • Services-prepackaged software
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Canada Pension Plan Investment Board (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 hereof (the “Initial Exercise Date”) and on or prior to the close of business on the 5 year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Wizzard Software Corporation, a Colorado corporation (the “Company”), up to 609,756 shares (the “Warrant Shares”) of 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).
