FORM OF WARRANT AGREEMENTForm of Warrant Agreement • May 25th, 2010 • Z Trim Holdings, Inc • Grain mill products • Illinois
This Warrant Agreement is made and entered into as of February 8, 2008, by and between Z Trim Holdings, Inc. f/k/a Circle Group Holdings, Inc., an Illinois corporation whose principal place of business is located at 1011 Campus Drive, Mundelein, Illinois 60060 (“Z Trim”), and Farhad Zaghi, who resides in Los Altos, California (“Farhad”), Farshad Zaghi, who resides in Los Altos, California (“Farshad”), Nurieel Akhamzadeh, who resides in the Nation of Israel (“Nurieel”), Zaghi Trading Partnership, whose principal place of business is located in California, and Pac Bay, Inc. d/b/a Bay Financial, a California corporation, whose principal place of business is located in California, (collectively the “Zaghi Parties”).
