UNDERWRITERS' WARRANT AGREEMENTUnderwriters' Warrant Agreement • May 14th, 2003 • Jovian Energy Inc • Oil & gas field services, nec • Colorado
Jovian Energy, Inc., a Delaware corporation (the "Company"), hereby agrees to sell to you, the underwriter, and you hereby agree to purchase from the Company at a purchase price of $1,500.00, unit purchase warrants (the "Underwriters' Warrants") covering 150,000 of the Company's units (the "Units"), each Unit consisting of one share of the Company's Common Stock and one Redeemable Common Stock Purchase Warrant (the "Redeemable Warrants") issued in accordance with the terms of a warrant agreement (the "Public Warrant Agreement") dated as of ___________ __, 2003, between the Company and Computer Share Investor Services, as warrant agent (the "Warrant Agent"). The Underwriters' Warrants will be exercisable by you as to all or any lesser number of Units covered thereby, at the Purchase Price per Unit as defined below, at any time and from time to time on and after the first anniversary of the date hereof and ending at 5:00 p.m. on the fifth anniversary of the date hereof.
