WARRANT TO PURCHASE 2,500,000 SHARES COMMON STOCK OF PSI CORPORATION, A NEVADA CORPORATION PSI CORPORATION Warrant to Purchase Common StockFriendlyway CORP • November 9th, 2006 • Non-operating establishments
This certifies that, for value received, Lazarus Investment Partners LLLP, a Delaware limited liability limited partnership, the registered holder hereof or its assigns (the “Warrantholder”) is entitled to purchase from PSI Corporation f/d/b/a/ friendlyway Corporation, a Nevada corporation (the “Company”), at any time before 5:00 p.m., Colorado time, on October 10, 2011 (the “Expiration Date”) at the purchase price of $.20 per share of Common Stock (the “Warrant Exercise Price”), up to 2,500,000 shares of Common Stock of the Company (the “Common Stock”). The Warrant Exercise Price and number of shares of Common Stock purchasable upon exercise of this Warrant shall be subject to adjustment from time to time as provided herein. This Warrant was issued pursuant to the terms of a Purchase Agreement (“Purchase Agreement”; all terms defined in the Purchase Agreement to have the same meanings herein) dated the date hereof between the Company and the initial Warrantholder and is subject to, an
PURCHASE AGREEMENTPurchase Agreement • November 9th, 2006 • Friendlyway CORP • Non-operating establishments • Colorado
THIS AGREEMENT is made as of the 17th day of October, 2006, by and between PSI Corporation (the “Company”), a corporation organized under the laws of the State of Nevada, with its principal offices at 7222 Commerce Center Drive, Suite 240, Colorado Springs, Colorado 80919, and Lazarus Investment Partners LLLP, a Delaware limited liability limited partnership, with its principal offices at 2401 East Second Avenue, Suite 400, Denver, Colorado 80206 (the “Purchaser”).
