AMENDMENT NO. 8 TO
WARRANT PURCHASE AGREEMENT
THIS AMENDMENT NO. 8 TO WARRANT PURCHASE AGREEMENT (this "Amendment")
is effective as of February 27, 2001 by and between Insynq, Inc., a Delaware
corporation (the "Company"), and Consulting and Strategy International, LLC
("Holder").
W I T N E S S E T H
WHEREAS, the parties have executed that certain Warrant Purchase Agreement
as of February 24, 2000; and
WHEREAS, the parties have executed that certain Amendment No. 1 to Warrant
Purchase Agreement as of June 9, 2000;
WHEREAS, the parties have executed that certain Amendment No. 2 to Warrant
Purchase Agreement as of July 31, 2000;
WHEREAS, the parties have executed that certain Amendment No. 3 to Warrant
Purchase Agreement as of August 31, 2000;
WHEREAS, the parties have executed that certain Amendment No. 4 to Warrant
Purchase Agreement as of October 1, 2000;
WHEREAS, the parties have executed that certain Amendment No. 5 to Warrant
Purchase Agreement as of October 28, 2000;
WHEREAS, the parties have executed that certain Amendment No. 6 to Warrant
Purchase Agreement as of December 1, 2000;
WHEREAS, the parties have executed that certain Amendment No. 7 to Warrant
Purchase Agreement as of February 1, 2001; and
WHEREAS, the parties have deemed it to be in their mutual best interests
to further amend the Warrant Purchase Agreement and the underlying four warrant
certificates covering five hundred thousand (500,000) warrants each (the
"Warrant Certificates") to reflect a new exercise date to purchase common
stock, $0.001 par value per share (the "Common Stock"), of the Company
thereunder.
NOW, THEREFORE, in consideration of the foregoing, and of the mutual
covenants hereinafter contained, and of other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties
hereto agree as follows:
Each Warrant Certificate, and the applicable provisions of the Warrant
Purchase Agreement, are hereby amended to reflect a new exercise date of
June 1, 2001, pursuant to which Holder shall be entitled to exercise the
warrants reflected by the Warrant Certificates to purchase Common Stock.
IN WITNESS WHEREOF, the parties have executed this Amendment effective as
of the date set forth above.
CONSULTING & STRATEGY INTERNATIONAL, LLC
By: /s/ Xxxxxxxx X. Xxxxxx
Name: Xxxxxxxx X. Xxxxxx
Title: CEO
INSYNQ, INC.
By: /s/ Xxxx X. Xxxxx
Name: Xxxx X. Xxxxx
Title: Chief Executive Officer
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