DIGITAL VIDEO SYSTEMS, INC. (Incorporated under the laws of the State of Delaware) GREEN SHOE WARRANT FOR THE PURCHASE OF SHARES OF 8% SERIES C CONVERTIBLE PREFERRED STOCK AND CLASS A WARRANTS OF DIGITAL VIDEO SYSTEMS, INC. Warrant Price: $0.61 per...Green Shoe Warrant • September 24th, 2004 • Digital Video Systems Inc • Household audio & video equipment • California
THIS IS TO CERTIFY that, for value received, ________________________________ and its registered assigns (collectively, the "Holder"), is entitled to purchase, subject to the terms and conditions hereinafter set forth and subject to the final sentence of this paragraph, up to ______________________ (_________) shares of the $0.0001 par value 8% Series C Convertible Preferred Stock ("Series C Preferred Stock"), together with Class A Warrants to purchase up fifty percent (50%) of the number of shares of $0.0001 par value common stock ("Common Stock") into which the Series C Preferred Stock is convertible (the "Class A Warrants") of Digital Video Systems, Inc., a Delaware corporation (the "Company"), and to receive certificate(s) for the Series C Preferred Stock and Class A Warrants (collectively, the "Securities") so purchased. This Green Shoe Warrant, if exercised, will also entitle the Holder to receive Class B Warrants on the third (3rd) anniversary of the original Closing Date of the
