WARRANT TO PURCHASE COMMON STOCKInteractive Television Networks • December 27th, 2005 • Television broadcasting stations • California
THIS WARRANT CERTIFIES THAT for value received, _____, or its registered assigns (hereinafter called the “Holder”) is entitled to purchase from Interactive Television Networks, Inc., Nevada corporation (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 December 21 2005, by and between the Company and Holder (the “Subscription Agreement”). The exercise of this Warrant shall be subject to the provisions, limitations and restrictions contained herein.
Interactive Television Networks, Inc. Shares of Series A Convertible Preferred Stock and Common Stock Warrants SUBSCRIPTION AGREEMENTSubscription Agreement • December 27th, 2005 • Interactive Television Networks • Television broadcasting stations • California
Interactive Television Networks, Inc., a Nevada corporation (the "Company"), hereby confirms its agreement with M.A.G. Capital, LLC ("MAG"), Mercator Momentum Fund, L.P. ("MMF"), Mercator Momentum Fund III, L.P. ("MMF III"), and Monarch Pointe Fund, Ltd. ("Monarch") as set forth below. Each of MAG, MMF, MMF III and Monarch are sometimes referred to herein as a "Purchaser" and together as the "Purchasers".
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • December 27th, 2005 • Interactive Television Networks • Television broadcasting stations • California
AGREEMENT dated as of December 21, 2005, among Mercator Momentum Fund, L.P. ("MMF"), Mercator Momentum Fund III, L.P. ("MMF III"), Monarch Pointe Fund, Ltd. ("Monarch") (collectively, the "Funds"), M.A.G. Capital, LLC ("MAG") (the Funds and any other holder being referred to as a "Holder" and collectively as the "Holders"), and Interactive Television Networks, Inc., a Nevada corporation (the "Company").
