0001193125-08-032310 Sample Contracts

THIRD AMENDMENT TO WARRANT AGREEMENT
Warrant Agreement • February 15th, 2008 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles)

THIS THIRD AMENDMENT TO THE WARRANT AGREEMENT, dated February 12, 2008, (the “Third Amendment”) hereby amends the Warrant Agreement dated June 16, 2006, as amended, (the “Agreement”) by and between ACTION PRODUCTS INTERNATIONAL, INC., a Florida corporation, (the “Company”), and REGISTRAR AND TRANSFER COMPANY, as Warrant Agent, (the “Warrant Agent”) as follows:

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