UNITED ENERGY CORP. PURCHASE WARRANT WARRANT (“WARRANT”) TO PURCHASE SHARES OF COMMON STOCK, $0.01 PAR VALUE PER SHAREUnited Energy Corp /Nv/ • November 3rd, 2009 • Oil & gas field services, nec • New York
Company FiledNovember 3rd, 2009 Industry JurisdictionThis is to certify that, FOR VALUE RECEIVED, [**] (“Warrantholder”), is entitled to purchase, subject to the provisions of this Warrant, from United Energy Corp., a corporation organized under the laws of Nevada (“Company”), at any time and from time to time commencing from the Issuance Date (“Initial Exercise Date”), but not later than 5:00 P.M., Eastern time, on October [**], 2014 (“Expiration Date”), a total of up to Four Hundred Thousand (400,000) shares (“Warrant Shares”) of Common Stock, $0.01 par value (“Common Stock”) of the Company, at an initial exercise price per share of $0.09. The exercise price in effect from time to time is hereafter called the “Warrant Price”. The number of Warrant Shares purchasable upon exercise of this Warrant and the Warrant Price shall be subject to adjustment from time to time as described herein.
UNITED ENERGY CORP. PURCHASE WARRANT WARRANT (“WARRANT”) TO PURCHASE SHARES OF COMMON STOCK, $0.01 PAR VALUE PER SHAREUnited Energy Corp /Nv/ • February 17th, 2009 • Oil & gas field services, nec • New York
Company FiledFebruary 17th, 2009 Industry JurisdictionThis is to certify that, FOR VALUE RECEIVED, [**] (“Warrantholder”), is entitled to purchase, subject to the provisions of this Warrant, from United Energy Corp., a corporation organized under the laws of Nevada (“Company”), at any time and from time to time commencing from the Issuance Date (“Exercise Date”), but not later than 5:00 P.M., Eastern time, on February 13, 2019 (“Expiration Date”), a total of One Hundred and Fifty Thousand (150,000) shares (“Warrant Shares”) of Common Stock, $0.01 par value (“Common Stock”) of the Company, at an initial exercise price per share of $0.12. The exercise price in effect from time to time is hereafter called the “Warrant Price”. The number of Warrant Shares purchasable upon exercise of this Warrant and the Warrant Price shall be subject to adjustment from time to time as described herein.