AMENDMENT TO WARRANTS TO PURCHASE STOCK
Exhibit
4.14
AMENDMENT
TO WARRANTS TO PURCHASE STOCK
This
Amendment to Warrant to Purchase Stock (this “Amendment”)
is dated as of November 25, 2008 by and between Sand Hill Finance, LLC (“Holder”)
and IceWEB, Inc. (“Company”).
Recitals.
Company
issued Warrants to Purchase Stock to Holder dated as of December 19, 2005 and
February 28, 2008 (individually, a “Warrant”
and collectively, the “Warrants”).
Now,
therefore, Company and Holder agree as follows:
1. The
initial Exercise Price under each of the Warrants shall be $0.50 per
share.
2. Except as
amended hereby, each Warrant remains in full force and effect. This Amendment
may be executed in two or more counterparts, each of which shall be deemed an
original, and both of which shall constitute one instrument…
ICEWEB,
INC.
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By:
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/s/ Xxxx X. Lucky | |
Name: | Xxxx X. Lucky | ||
Title: | Chief Financial Officer | ||
SAND
HILL FINANCE, LLC
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By:
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/s/ Xxxx Xxxxxxx | |
Name: | Xxxx Xxxxxxx | ||
Title: | Partner | ||