COMMON STOCK PURCHASE WARRANT To Purchase __________ Shares of Common Stock of UNITY WIRELESS CORPORATIONUnity Wireless Corp • December 29th, 2006 • Radiotelephone communications
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ (the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the five year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Unity Wireless Corporation, a Delaware corporation (the “Company”), up to ______ shares (the “Warrant Shares”) of Common Stock, par value $.001 per share, of the Company (the “Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SUBSCRIPTION AGREEMENTSubscription Agreement • December 29th, 2006 • Unity Wireless Corp • Radiotelephone communications • British Columbia
The undersigned (the “Subscriber”) hereby acknowledges that the Corporation is proceeding with a private placement of up to 33,333,333 units (the “Units”) at a price of $0.09 per Unit, each Unit consisting of one (1) share (“Share”) of Common Stock of the Corporation and one-half (1/2) of a Share Purchase Warrant (“Warrant”); each full Share Purchase Warrant will entitle the holder to purchase one (1) additional Share at a price of $0.10 per Share if exercised on or before the date that is five years after the date of the issuance of the Warrant. The Warrants shall have anti-dilution price protection on terms identical with such protection included in previous warrants issued by the Corporation. The Subscriber hereby tenders to the Corporation this subscription offer which, upon acceptance by the Corporation, will constitute an agreement of the Subscriber to subscribe for, take up, purchase and pay for and, on the part of the Corporation, to issue and sell to the Subscriber the number
