THE TRANSFERABILITY OF THIS WARRANT IS RESTRICTED AS PROVIDED IN SECTION 3Authentidate Holding Corp • February 13th, 2014 • Services-computer integrated systems design • New Jersey
For good and valuable consideration, the receipt of which is hereby acknowledged by AUTHENTIDATE HOLDING CORP., a Delaware corporation (the “Company”), HEALTH MANAGEMENT INFORMATION GROUP, LLC (the “Holder”), is hereby granted the right to purchase, at any time from and after the 19th day of March, 2014 (the “Initial Exercise Date”) until 5:00 P.M., New York City time, on September 19, 2018 (the “Warrant Exercise Term”), up to FIVE HUNDRED THOUSAND (500,000) fully-paid and non-assessable shares of the Company’s Common Stock, $.001 par value per share (“Common Stock”) subject to and in accordance with the vesting provisions set forth below in Section 1.1. This Common Stock Purchase Warrant (the “Warrant”) has been issued as of the 19th day of September, 2013 (the “Issue Date”).
