WARRANT TO PURCHASE COMMON STOCKSpescom Software Inc • March 16th, 2006 • Services-computer integrated systems design • California
THIS WARRANT CERTIFIES THAT for value received, M.A.G. Capital, LLC, or its registered assigns (hereinafter called the “Holder”) is entitled to purchase from Spescom Software Inc. (hereinafter called the “Company”), the above referenced number of fully paid and nonassessable shares (the “Shares”) of common stock (the “Common Stock”), of Company, at the Warrant Price per Share referenced above; the number of shares purchasable upon exercise of this Warrant referenced above being subject to adjustment from time to time as described herein. This Warrant is issued in connection with that certain Subscription Agreement dated as of March 10, 2006, by and between the Company, Holder, Monarch Pointe Fund, Ltd. and Mercator Momentum Fund III, L.P. (the “Subscription Agreement”). The exercise of this Warrant shall be subject to the provisions, limitations and restrictions contained herein.
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • March 16th, 2006 • Spescom Software Inc • Services-computer integrated systems design • California
AGREEMENT dated as of March 10, 2006, between Monarch Pointe Fund, Ltd. (“Monarch”), Mercator Momentum Fund III, L.P. (“MMF”) and M.A.G. CAPITAL, LLC (“MAG”) (Monarch, MMF and MAG are referred to individually as a “Holder” and collectively as the “Holders”), and Spescom Software Inc., a California corporation (the “Company”).
SUBSCRIPTION AGREEMENTSubscription Agreement • March 16th, 2006 • Spescom Software Inc • Services-computer integrated systems design • California
Spescom Software Inc., a California corporation (the “Company”), hereby confirms its agreement with Monarch Pointe Fund, Ltd. (“Monarch”), Mercator Momentum Fund III, L.P. (“MMF” and, together with Monarch, the “Purchasers”) and M.A.G. Capital, LLC (“MAG”), as set forth below.
