Standard Contracts
AMENDED STOCK PURCHASE WARRANT To Purchase 194,000 Shares of Common Stock of SMARTIRE SYSTEMS, INC.Security Agreement • November 13th, 2003 • Smartire Systems Inc • Industrial instruments for measurement, display, and control
THIS STOCK PURCHASE WARRANT CERTIFIES that, for value received, HPC Capital Management (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 October 27, 2003 (the "Initial Exercise Date") and on or prior to the close of business on the fifth (5th) anniversary of the Initial Exercise Date (the "Termination Date") but not thereafter, to subscribe for and purchase from SmarTire Systems, Inc., a corporation continued in the Yukon Territory (the "Company"), up to 194,000 shares (the "Warrant Shares") of Common Stock, without par value per share, of the Company (the "Common Stock"). The purchase price of one share of Common Stock (the "Exercise Price") under this Warrant shall be $0.1771, subject to adjustment hereunder. The Exercise Price and the number of Warrant Shares for which the Warrant is exercisable shall be subject to adjustment as provided herein. Capitalized terms used and not other
SmarTire Systems Inc. Suite 150, 13151 Vanier Place Richmond, British Columbia Canada, V6V 2J1Common Stock Purchase Warrant Agreement • November 13th, 2003 • Smartire Systems Inc • Industrial instruments for measurement, display, and control • New York
SmarTire Systems Inc. Suite 150, 13151 Vanier Place Richmond, British Columbia Canada, V6V 2J1Common Stock Purchase Warrants • November 13th, 2003 • Smartire Systems Inc • Industrial instruments for measurement, display, and control • New York
SmarTire Systems Inc. Suite 150, 13151 Vanier Place Richmond, British Columbia Canada, V6V 2J1Common Stock Purchase Warrant Agreement • November 13th, 2003 • Smartire Systems Inc • Industrial instruments for measurement, display, and control • New York
