ZIX CORPORATION Common Stock Purchase WarrantZix Corp • December 29th, 2006 • Services-computer processing & data preparation • New York
ZIX CORPORATION, a Texas corporation, hereby certifies that, for value received, Rodman & Renshaw, LLC, or registered assigns (the “Holder”), is entitled, subject to the terms set forth below, to purchase from the Company at any time or from time to time before 5:00 p.m., New York City time, on the Expiration Date (such capitalized term and all other capitalized terms used herein having the respective meanings provided herein), 166,667 fully paid and nonassessable shares of Common Stock at a purchase price per share equal to the Purchase Price. The number of such shares of Common Stock and the Purchase Price are subject to adjustment as provided in this Warrant.
