Exhibit 10.1
 
DERYCZ SCIENTIFIC, INC.
FIRST WARRANT AMENDMENT

This First Warrant Amendment (this “Amendment”) is dated as of December 22, 2009
and hereby amends that certain Warrant to Purchase Common Stock dated as of
December 22, 2006 and issued by Derycz Scientific, Inc., a Nevada corporation
(the “Company”), to the below-referenced holder and assigned the below
referenced number (the “Warrant”).  The Warrant is one of a series of warrants
issued pursuant to a private placement of the Company’s common stock and
warrants to purchase shares of the Company’s common stock completed on December
22, 2006.  The purpose of this Amendment is to extend the term of the Warrant
one additional year.

Accordingly, for good and valuable consideration, the sufficiency of which is
hereby acknowledged, the definition of “Expiration Date” in Section 1(a)(iv) of
the Warrant is hereby amended as follows:

“Expiration Date” means December 22, 2010.”

All other terms, conditions, and provisions of the Warrant shall remain in full
force and effect.

IN WITNESS WHEREOF, the Company has caused this Amendment to be signed as of the
date first set forth above.
 
 

 
DERYCZ SCIENTIFIC, INC.
                 
 
By:
        Name: Richard McKilligan        Title:   Chief Financial Officer       
   

 

Holder: <Holder Name>
Warrant No.: <Warrant Number>

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