Senetek Plc -Adr – To the Holders of the Senetek PLC Amended and Restated Senior Secured Notes Due April 1, 2007 and Series A, B and D Warrants to Purchase Ordinary Shares Gentlemen: (April 20th, 2006)
Reference is made to the Securities Purchase Agreement dated April 14, 1999, as amended by the First Amendment dated June 20, 2001, the Second Amendment dated September 4, 2003, and the Third Amendment dated September 30, 2004 (the Securities Purchase Agreement) pursuant to which Silver Creek Investments, Ltd., Bomoseen Investments, Ltd., Elstree Holdings, Ltd., Dandelion Investments, Ltd., Alba Limited, Pearl Waves Limited, and Wallington Investment Holdings Ltd. (collectively, the Holders) hold the Third Amended and Restated Senior Secured Notes Due April 1, 2007 (the Notes) and Series A, B and D Warrants (the Warrants and, together with the Notes, the Securities) of Senetek PLC (Senetek) in the amounts set forth in Schedule 1 hereto.
Senetek Plc -Adr – WARRANT to Purchase 2,700,000 Ordinary Shares of SENETEK PLC Issued: March 30, 2006 Expires: March 4, 2011 (April 20th, 2006)
This Warrant certifies that Wallington Investment Holdings, Ltd. or its registered and permitted successors or assigns (Wallington or Holder), is entitled to, subject to the terms set forth below, purchase from SENETEK PLC, a corporation organized under the laws of England (the Company), from time and time up to Two Million Seven Hundred Thousand (2,700,000) duly authorized, validly issued, fully paid and nonassessable Ordinary Shares (as such number may be adjusted pursuant to Section 4(a) and Section 5 herein) which may be exchanged for American Depositary Shares (ADSSs) represented by American Depositary Receipts (ADRSs) (the Ordinary Shares of the Company, including any shares into which they may be changed, reclassified, or converted, are herein referred to as the Ordinary Shares). This Warrant is one of the Series E Warrants (the Warrants) issued pursuant to that certain Agreement dated March 30, 2006, by and between the Company, Silver Creek Investments, Ltd., Bomoseen Investmen
Senetek Plc -Adr – Senetek Plc Resignation, Release and Indemnity Agreement (April 20th, 2006)
This Resignation, Release and Indemnity Agreement (this Agreement) is made as of March , 2006 by and between Senetek, PLC, (the Company), and Michael Khoury (Indemnitee), a director of the Company.