INDEMNIFICATION AGREEMENTIndemnification Agreement • November 12th, 2010 • Derycz Scientific Inc • Services-business services, nec • Nevada
THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as of October [_______ __], 2010 by and among Derycz Scientific, Inc., a Nevada corporation (the “Company”), and [________] (“Indemnitee”).
COMMON STOCK PURCHASE WARRANT DERYCZ SCIENTIFIC, INC.Derycz Scientific Inc • November 12th, 2010 • Services-business services, nec • Nevada
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [xxx] (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 December 31, 2010 (the “Initial Exercise Date”) and on or prior to the close of business on the five year anniversary of the Issue Date set forth above (the “Termination Date”) but not thereafter, to subscribe for and purchase from Derycz Scientific, Inc., a Nevada corporation (the “Company”), up to 50,000 shares (the “Warrant Shares”) of 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). The exercise of this Warrant by Holder is subject to the vesting provisions of Section 2(b), below.
