FORM OF WARRANTCommon Stock Purchase Warrant • April 24th, 2008 • Riptide Worldwide, Inc. • Services-prepackaged software
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, (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 April 18, 2013, the five year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Riptide Worldwide, Inc., a Nevada corporation (the “Company”), shares (the “Warrant Shares”) of Common Stock, par value $0.001 per share, of the Company (the “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).
WAIVER AGREEMENTWaiver Agreement • April 24th, 2008 • Riptide Worldwide, Inc. • Services-prepackaged software • New York
This Waiver Agreement (this “Agreement”), is made and entered into as of April 18, 2008, by and among Riptide Worldwide, Inc. (formerly Shea Development Corp.), a Nevada corporation (the “Company”), CAMOFI MASTER LDC, a Cayman Islands limited duration company (“CAMOFI”), and CAMHZN Master LDC, a Cayman Islands limited duration company (“CAMHZN”), (CAMOFI and CAMHZN are collectively referred to as the “Holders”).
