STOCK PURCHASE WARRANTStock Purchase Warrant • February 13th, 2007 • Hyundai Syscomm Corp • Services-business services, nec • Nevada
Contract Type FiledFebruary 13th, 2007 Company Industry JurisdictionTHIS CERTIFIES THAT, for value received, Hyundai Syscomm Corp., a California corporation (“HYUNDAI”) or its registered assigns, is entitled to purchase from MSGI Security Solutions, Inc. a Nevada corporation (the “Company”), at any time or from time to time during the period specified in Paragraph 2 hereof, up to twenty four million (24,000,000) shares of Common Stock at an exercise price per share equal to U.S. $0.01 (the “Exercise Price”). The term “Warrant Shares,” as used herein, refers to the shares of Common Stock purchasable hereunder. The Warrant Shares and the Exercise Price are subject to adjustment as provided in Paragraph 4 hereof. This Warrant has been issued pursuant to a Subscription Agreement between the Company and HYUNDAI dated as of January 24, 2007 (the “Subscription Agreement”). The term “Warrants” means this “Warrant”. All terms not otherwise defined herein, shall have the meanings set forth in the Subscription Agreement.
STOCK PURCHASE WARRANTStock Purchase Warrant • February 8th, 2007 • Msgi Security Solutions, Inc • Services-business services, nec • Nevada
Contract Type FiledFebruary 8th, 2007 Company Industry JurisdictionTHIS CERTIFIES THAT, for value received, Hyundai Syscomm Corp., a California corporation (“HYUNDAI”) or its registered assigns, is entitled to purchase from MSGI Security Solutions, Inc. a Nevada corporation (the “Company”), at any time or from time to time during the period specified in Paragraph 2 hereof, up to twenty four million (24,000,000) shares of Common Stock at an exercise price per share equal to U.S. $0.01 (the “Exercise Price”). The term “Warrant Shares,” as used herein, refers to the shares of Common Stock purchasable hereunder. The Warrant Shares and the Exercise Price are subject to adjustment as provided in Paragraph 4 hereof. This Warrant has been issued pursuant to a Subscription Agreement between the Company and HYUNDAI dated as of January 24, 2007 (the “Subscription Agreement”). The term “Warrants” means this “Warrant”. All terms not otherwise defined herein, shall have the meanings set forth in the Subscription Agreement.