FORM OF WARRANTAspyra Inc • June 9th, 2006 • Services-computer integrated systems design • California
CREATIVE COMPUTER APPLICATIONS, INC., a California corporation (the “Company”), hereby certifies that ______________________________________, its permissible transferees, designees, successors and assigns (collectively, the “Holder”), for value received, is entitled to purchase from the Company at any time commencing on the effective date (the “Effective Date”), which shall be the date of the Closing (as defined in Purchase Agreement, dated as of August 16, 2005, by and among the Company and the Purchasers listed on Schedule 1 thereto), and terminating on the second anniversary of such date (the “Termination Date”) up to _____________ shares (each, a “Share” and collectively the “Shares”) of the Company’s common stock no par value per Share (the “Common Stock”), at an exercise price per Share equal to $3.00 (the “Exercise Price”). The number of Shares purchasable hereunder and the Exercise Price are subject to adjustment as provided in Section 4 hereof.
FORM OF WARRANTForm of Warrant • June 9th, 2006 • Aspyra Inc • Services-computer integrated systems design • California
ASPYRA, INC., a California corporation (the “Company”), hereby certifies that ______________________________________, its permissible transferees, designees, successors and assigns (collectively, the “Holder”), for value received, is entitled to purchase from the Company at any time commencing on the effective date (the “Effective Date”), which shall be the date of the Closing (as defined in Purchase Agreement, dated as of May ___, 2006, by and among the Company and the Purchasers listed on Schedule 1 thereto), and terminating on the third anniversary of such date (the “Termination Date”) up to _____________ shares (each, a “Share” and collectively the “Shares”) of the Company’s common stock no par value per Share (the “Common Stock”), at an exercise price per Share equal to THREE DOLLARS ($3.00) (the “Exercise Price”). The number of Shares purchasable hereunder and the Exercise Price are subject to adjustment as provided in Section 4 hereof. The term of this Warrant is three (3) years
