WARRANT FOR THE PURCHASE OF SHARES OFWarrant Agreement • May 7th, 2015 • Starr Insurance Holdings, Inc. • Services-computer processing & data preparation • Delaware
THIS IS TO CERTIFY that, for value received, Starr Insurance Holdings, Inc. and its successors and assigns (individually and collectively, the "Holder"), is entitled to purchase, subject to the terms and conditions hereinafter set forth, the Warrant Shares (as defined below) of common stock, $0.01 par value per share (the "Common Stock") of GRANDPARENTS.COM, INC., a Delaware corporation (the "Company"), and to receive certificates for the Common Stock so purchased. The exercise price of this Warrant is $0.05 per share (the "Exercise Price"). The term "Warrant Shares" shall mean 10,719,477 shares of the Company (subject to adjustment as contemplated herein). This Warrant is one of two warrants for the purchase of an aggregate of 21,438,954 shares of Common Stock being issued to the Holder pursuant to that certain Strategic Alliance Agreement, dated as of January 8, 2013, by and between the Company and the Holder, as amended by that certain First Amendment to the Strategic Alliance Agree
