COMMON STOCK PURCHASE WARRANT To Purchase 200,000 Shares of Common Stock of GENEREX BIOTECHNOLOGY CORPORATIONSecurity Agreement • March 7th, 2006 • Generex Biotechnology Corp • Pharmaceutical preparations
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 181st day after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the fifth (5th) anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Generex Biotechnology Corporation, a Delaware corporation (the “Company”), up to 200,000 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).
March 6, 2006 Dear Sirs: Re: Generex Biotechnology Corporation - Amendment to Feb 28 06 WarrantWarrant Amendment • March 7th, 2006 • Generex Biotechnology Corp • Pharmaceutical preparations
We make reference to the common stock purchase warrant issued by Generex Biotechnology Corporation (the “Company”) to ______________________ on February 28, 2006 pursuant to which the Company granted to _______________ the entitlement to purchase up to 800,000 shares of the Company’s common stock at $1.25 per share (the “Warrant”).
