WARRANT TO PURCHASE UNITS OF COMMON STOCKWarrant to Purchase Units of Common Stock • July 28th, 2006 • Universal Guardian Holdings Inc • Services-business services, nec • Delaware
THIS WARRANT CERTIFIES THAT for value received, _____________________________ or his, her or its registered assigns (hereinafter called the “Holder”) is entitled to purchase from Universal Guardian Holdings, Inc., a Delaware corporation (hereinafter called the “Company”), the above referenced number of Units which consists of two (2) fully paid and nonassessable shares (the “Shares”) of common stock (the “Common Stock”), of Company, at the Unit Price referenced above (“Unit Warrant”); the number of Shares purchasable upon exercise of the Unit Warrant being subject to adjustment from time to time as described herein. The Unit Warrant shall also include a warrant to purchase one (1) Share of Common Stock at an exercise price of $1.125 per Share (“Share Warrant”). The terms and exercise of the Share Warrant are set forth in that certain form of Share Warrant attached hereto, marked Exhibit “A”.
