Exhibit 4.8


 


THIS WARRANT AND ANY SHARES
ACQUIRED UPON THE EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE TRANSFERRED, SOLD OR
OTHERWISE DISPOSED OF EXCEPT WHILE SUCH A REGISTRATION IS IN EFFECT OR PURSUANT
TO AN EXEMPTION FROM REGISTRATION UNDER SAID ACT.


 


INFORMATION SERVICES GROUP, INC.


 


COMMON STOCK PURCHASE WARRANT


 


	
  No. 1

  	
  November 16, 2007

  



 


Information
Services Group, Inc., a Delaware corporation (the “Company”), for value
received, hereby certifies that

MCP-TPI HOLDINGS, LLC, a Texas limited liability company, or registered
assigns, is entitled to purchase from the Company 5,000,000 duly authorized,
validly issued, fully paid and nonassessable shares of Common Stock, par value
$0.001 per share (the “Common Stock”), of the Company at the purchase price per
share of $9.18 (the “Initial Warrant Price”; as adjusted from time to time
pursuant to the terms hereof, the “Warrant Price”), at any time or from time to
time during the period (the “Exercise Period”) after 5:00 P.M., Eastern Time,
on November 14, 2008 and prior to 5:00 P.M., Eastern Time, on November 14, 2012
(the “Expiration Date”), all subject to the terms, conditions and adjustments
set forth below in this Warrant.


 


Certain
capitalized terms used in this Warrant are defined in Section 8 hereof.


 


1.             EXERCISE OF WARRANT.


 


1.1.          Manner of Exercise;
Payment. This Warrant may be exercised by the holder hereof, in
whole or in part, during normal business hours on any Business Day during the Exercise
Period, by surrender of this Warrant to the Company at its office maintained
pursuant to Section 7.2(a) hereof, accompanied by a notice of exercise in
substantially the form attached to this Warrant (or a reasonable facsimile
thereof) duly executed by such holder and accompanied by payment, in cash or by
check payable to the order of the Company (or by any combination of such
methods), in the amount obtained by multiplying (a) the number of shares
of Common Stock designated in such notice by (b) the Warrant Price, and
such holder shall thereupon be entitled to receive the number of duly
authorized, validly issued, fully paid and nonassessable shares of Common Stock
determined as provided in Section 2 hereof. Notwithstanding the foregoing, this
Warrant may be converted, in whole or in part, by the holder hereof into shares
of Common Stock, during normal business hours on any Business Day during the
Exercise Period, by surrender of this Warrant to the Company at its office
maintained pursuant to Section 7.2(a) hereof, accompanied by a conversion
notice in the form attached to this Warrant (or a reasonable facsimile thereof)
duly executed by such holder, and thereupon such holder shall be entitled to
receive that number of duly authorized, validly issued, fully paid and
nonassessable shares of Common


 


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Stock equal to the quotient obtained by dividing (x)
the product of the number of shares of Common Stock underlying the surrendered
Warrant designated in such conversion notice, multiplied by the difference
between the Fair Market Value and the Warrant Price by (y) the Fair Market
Value. “Fair Market Value” shall mean the average reported last sale price of
the Common Stock for the 10 consecutive trading days ending on the 3rd
trading day prior to the date on which the notice of exercise is sent to the
Company. For all purposes of this Warrant (other than this Section 1.1), any
reference herein to the exercise of this Warrant shall be deemed to include a
reference to the conversion of this Warrant into Common Stock in accordance
with the terms of this Section 1.1.


 


1.2.          When Exercise Effective,
etc.. Each exercise of this Warrant shall be deemed to have been
effected immediately prior to the close of business on the Business Day on
which this Warrant shall have been surrendered to the Company as provided in
Section 1.1 hereof, and at such time the Person or Persons in whose name
or names any certificate or certificates for shares of Common Stock shall be issuable
upon such exercise as provided in Section 1.3 hereof shall be deemed to
have become the holder or holders of record thereof. This Warrant shall be
exercisable only for lots of 100 shares of Common Stock or integral multiples
thereof if less than all of the Warrants held by the registered holder are
being exercised. No fractional shares of Common Stock shall be issued upon
exercise of this Warrant; instead, the Company shall round the results of an
exercise up to the next full share of Common Stock.


 


1.3.          Delivery of Stock
Certificates, etc. As soon as practicable after each exercise of
this Warrant, in whole or in part, and in any event within five Business Days
thereafter, the Company at its expense (including the payment by it of any
applicable issue taxes) will cause to be issued in the name of and delivered to
the holder hereof or, subject to Section 4 hereof, as such holder (upon
payment by such holder of any applicable transfer taxes) may direct:


 


(a)        a certificate or certificates for the
number of duly authorized, validly issued, fully paid and nonassessable shares
of Common Stock to which such holder shall be entitled upon such exercise; and


 


(b)       in case such exercise is in part only, a
new Warrant or Warrants of like tenor, dated the date hereof and calling in the
aggregate on the face or faces thereof for the number of shares of Common Stock
equal (without giving effect to any adjustment thereof) to the number of such
shares called for on the face of this Warrant minus the number of shares of
Common Stock (without giving effect to any adjustment thereof) subject to such
exercise pursuant to Section 1.1 hereof.


 


2.                ADJUSTMENTS.


 


2.1        Dividends
and Distributions


 


2.1.1            Stock Dividends — Split-Ups. If after the
date hereof, and subject to the provisions of Section 2.6 below, the number of
outstanding shares of Common Stock is increased by a stock dividend payable in
shares of Common Stock, or by a split-up of shares of Common Stock, or other
similar event, then, on the effective date of such stock dividend, split-up or


 


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similar event, the number of shares of Common Stock issuable on
exercise of this Warrant shall be increased in proportion to such increase in
outstanding shares of Common Stock.


 


2.1.2                Extraordinary Dividend. If the Company, at
any time while this Warrant is outstanding and unexpired, shall pay a dividend
in cash or securities to the holders of the Common Stock (or shares of the
Company’s capital stock into which this Warrant is convertible), then upon the
exercise of this Warrant, the registered holder shall be entitled to a
proportionate share of any such dividend as if the shares of Common Stock
purchased upon exercise hereof by such registered holder had been purchased and
outstanding on the record date fixed for the determination of the holders of
the Common Stock entitled to receive such dividend.


 


2.2        Aggregation of Shares.
If after the date hereof, and subject to the provisions of Section 2.6, the
number of outstanding shares of Common Stock is decreased by a consolidation,
combination, reverse stock split or reclassification of shares of Common Stock
or other similar event, then, on the effective date of such consolidation,
combination, reverse stock split, reclassification or similar event, the number
of shares of Common Stock issuable on exercise of this Warrant shall be
decreased in proportion to such decrease in outstanding shares of Common Stock.


 


2.3        Adjustments in Exercise
Price. Whenever the number of shares of Common Stock purchasable
upon the exercise of this Warrant is adjusted, as provided in Section 2.1.1 and
2.2 above, the Warrant Price shall be adjusted (to the nearest 0.001 of a cent)
by multiplying such Warrant Price immediately prior to such adjustment by a
fraction (x) the numerator of which shall be the number of shares of Common
Stock purchasable upon the exercise of this Warrant immediately prior to such
adjustment, and (y) the denominator of which shall be the number of shares of
Common Stock so purchasable immediately thereafter.


 


2.4        Replacement
of Securities upon Reorganization, etc. In case of any
reclassification or reorganization of the outstanding shares of Common Stock
(other than a change covered by Section 2.1 or 2.2 hereof or that solely
affects the par value of such shares of Common Stock), or in the case of any
merger or consolidation of the Company with or into another corporation (other
than a consolidation or merger in which the Company is the continuing
corporation and that does not result in any de-listing, reclassification or
reorganization of the outstanding shares of Common Stock), or in the case of
any sale or conveyance, whether directly or indirectly, or whether in a single
transaction or series of related transactions, to another corporation or entity
of the assets or other property of the Company as an entirety or substantially
as an entirety, the holder of this Warrant shall thereafter have the right to
purchase and receive, upon the basis and upon the terms and conditions
specified in this Warrant and in lieu of the shares of Common Stock of the
Company immediately theretofore purchasable and receivable upon the exercise of
the rights represented thereby, the kind and amount of shares of stock or other
securities or property (including cash) receivable upon such reclassification,
reorganization, merger or consolidation, or sale or transfer, that the holder
of this Warrant would have received if such holder had exercised this Warrant
immediately prior to such event; and if any reclassification, reorganization,
merger or consolidation also results in a change in shares of Common Stock
covered by Section 2.1 or 2.2, then such adjustment shall be made pursuant to
Sections 2.1, 2.2, 2.3 and this Section 2.4. The provisions of this Section 2.4
shall similarly apply


 


3

















 


to successive
reclassifications, reorganizations, mergers or consolidations, sales or other
transfers.


 


2.5        Notices of Changes in Warrant. Upon every adjustment of the
Warrant Price or the number of shares issuable upon exercise of this Warrant,
the Company shall promptly give written notice thereof to the registered holder
of this Warrant, which notice shall state the Warrant Price resulting from such
adjustment and the increase or decrease, if any, in the number of shares
purchasable at such price upon the exercise of this Warrant, setting forth in
reasonable detail the method of calculation and the facts upon which such
calculation is based. Upon the occurrence of any event specified in Sections
2.1, 2.2, 2.3 or 2.4, then, in any such event, the Company shall promptly give
written notice to the registered holder of this Warrant, at the last address
set forth for such holder in the warrant register, of the record date or the
effective date of the event. Failure to give such notice, or any defect
therein, shall not affect the legality or validity of such event.


 


2.6        No
Fractional Shares. Notwithstanding any provision contained in this
Warrant Agreement to the contrary, the Company shall not issue fractional
shares upon exercise of this Warrant. If, by reason of any adjustment made
pursuant to this Section 2, the holder of any Warrant would be entitled, upon
the exercise of such Warrant, to receive a fractional interest in a share, the
Company shall, upon such exercise, round up to the next whole number the number
of the shares of Common Stock to be issued to the Warrant holder.


 


2.7        Form
of Warrant. The form of this Warrant need not be changed
because of any adjustment pursuant to this Section 2, and Warrants issued after
such adjustment may state the same Warrant Price and the same number of shares
as is originally stated herein. However, the Company may at any time in its
sole discretion make any change in the form of Warrant that the Company may
deem appropriate and that does not affect the substance thereof in any respect
whatsoever, and any Warrant thereafter issued or countersigned, whether in
exchange or substitution for an outstanding Warrant or otherwise, may be in the
form as so changed.


 


3.     LISTING OF COMMON STOCK. At any such time as the Common Stock is listed on any
national securities exchange, the Company will, at its expense, obtain promptly
and maintain the approval for listing on each such exchange, upon official
notice of issuance, the shares of Common Stock issuable upon exercise of the
then outstanding Warrants and maintain the listing of such shares after their
issuance.


 


4.             RESTRICTIONS ON TRANSFER.


 


4.1.          General. The
holder of this Warrant, by acceptance hereof, represents and acknowledges that
this Warrant and the shares of Common Stock which may be purchased upon
exercise of this Warrant are not registered under the Securities Act, that the
issuance of this Warrant is being made in reliance on the exemption from
registration under Section 4(2) of the Securities Act as not involving any
public offering and that the Company’s reliance on such exemption is predicated
in part on the representations made by the initial holder of this Warrant to
and with the Company that such holder (1) is acquiring this Warrant for
investment for its own account, with no present intention of reselling or
otherwise distributing the same, (2) is an “accredited investor” as defined in
Regulation D under the


 


4





















 


Securities Act, and (3) has such knowledge and
experience in financial and business matters that it is capable of evaluating
the merits and risks of the investments made or to be made in connection with
the acquisition and exercise of this Warrant. Except as otherwise permitted by
this Section 4, each certificate for Common Stock issued upon the exercise
of this Warrant, each certificate issued upon the direct or indirect transfer
of any such Common Stock, and each Warrant issued upon direct or indirect
transfer or in substitution for any Warrant pursuant to Section 7 hereof
shall be transferable only upon satisfaction of the conditions specified in
this Section 4.


 


4.2.          Notice of Proposed
Transfer; Opinion of Counsel. Prior to any transfer of any Restricted
Securities which are not registered under an effective registration statement
under the Securities Act, the holder thereof will give written notice to the
Company of such holder’s intention to effect such transfer and to comply in all
other respects with this Section 4.2. Each such notice (a) shall
describe the manner and circumstances of the proposed transfer, and
(b) shall designate counsel for the holder giving such notice. The holder
giving such notice will submit a copy thereof to the counsel designated in such
notice. The following provisions shall then apply:


 


(i)    If in the opinion of such counsel the
proposed transfer may be effected without registration of such Restricted
Securities under the Securities Act, such holder shall thereupon be entitled to
transfer such Restricted Securities in accordance with the terms of the notice
delivered by such holder to the Company. Each certificate representing such
Restricted Securities issued upon or in connection with such transfer shall
bear the restrictive legends required by Section 4.1 hereof, unless the
related restrictions on transfer shall have ceased and terminated as to such
Restricted Securities pursuant to Section 4.3 hereof.


 


(ii)   If in the opinion of such counsel the
proposed transfer may not legally be effected without registration of such
Restricted Securities under the Securities Act (such opinion to state the basis
of the legal conclusions reached therein), thereafter such holder shall not be
entitled to transfer such Restricted Securities until either (x) receipt
by the Company of a further notice from such holder pursuant to the foregoing
provisions of this Section 4.2 and fulfillment of the provisions of
clause (i) above or (y) such Restricted Securities have been effectively
registered under the Securities Act.


 


It is hereby understood that the Company has no
obligation to register under the Securities Act the Warrants or the Common
Stock issuable hereunder.


 


Notwithstanding
any other provision of this Section 4, no opinion of counsel shall be necessary
for a transfer of Restricted Securities by the holder thereof to a subsidiary
or other affiliate of such holder, if the transferee agrees in writing to be
subject to the terms hereof to the same extent as if such transferee were the
original holder of this Warrant.


 


4.3.          Termination of
Restrictions. The restrictions imposed by this Section 4 upon
the transferability of Restricted Securities shall cease and terminate as to
any particular Restricted Securities (a) when such Restricted Securities
shall have been effectively


 


5





















 


registered under the Securities Act or transferred
pursuant to Rule 144, or (b) when, in the opinion of counsel for the
holder thereof, such restrictions are no longer required in order to insure
compliance with the Securities Act. Wherever (x) such requirement shall cease
and terminate as to any Restricted Securities or (y) such Restricted Securities
shall be transferable under paragraph (k) of Rule 144, the holder thereof shall
be entitled to receive from the Company, without expense, new certificates not
bearing any legend as to the Securities Act.


 


5.     AVAILABILITY OF INFORMATION. If the Company shall have filed a registration statement
pursuant to the requirements of Section 12 of the Exchange Act or a
registration statement pursuant to the requirements of the Securities Act, the
Company will comply with the reporting requirements of Sections 13 and
15(d) of the Exchange Act and will comply with all other public information
reporting requirements of the Commission (including Rule 144 promulgated
by the Commission under the Securities Act) from time to time in effect and
relating to the availability of an exemption from the Securities Act for the
sale of any Restricted Securities. The Company will also cooperate with each
holder of any Restricted Securities in supplying such information as may be
necessary for such holder to complete and file any information reporting forms
presently or hereafter required by the Commission as a condition to the
availability of an exemption from the Securities Act for the sale of any
Restricted Securities. The Company will furnish to each holder of any Warrants,
promptly upon their becoming available, copies of all financial statements,
reports, notices and proxy statements sent or made available generally by the
Company to its stockholders, and copies of all regular and periodic reports and
all registration statements and prospectuses filed by the Company with any
securities exchange or with the Commission.


 


6.     RESERVATION OF STOCK, ETC. The Company will at all times reserve and keep available,
solely for issuance and delivery upon exercise of the Warrants, the number of
shares of Common Stock from time to time issuable upon exercise of all Warrants
at the time outstanding. All shares of Common Stock issuable upon exercise of
any Warrants shall be duly authorized and, when issued upon such exercise,
shall be validly issued and, in the case of shares, fully paid and
nonassessable with no liability on the part of the holders thereof.


 


7.     OWNERSHIP, TRANSFER AND SUBSTITUTION OF WARRANTS.


 


7.1.          Ownership of Warrants.
The Company may treat the person in whose name any Warrant is registered on the
register kept at the office of the Company maintained pursuant to
Section 7.2(a) hereof as the owner and holder thereof for all purposes,
notwithstanding any notice to the contrary, except that, if and when any
Warrant is properly assigned in blank, the Company may (but shall not be
obligated to) treat the bearer thereof as the owner of such Warrant for all
purposes, notwithstanding any notice to the contrary. Subject to Section 4
hereof, a Warrant, if properly assigned, may be exercised by a new holder
without a new Warrant first having been issued.


 


7.2.          Office; Transfer and
Exchange of Warrants.


 


(a)           The Company will maintain an office
(which may be an agency maintained at a bank) where notices, presentations and
demands in respect of this Warrant may be made upon it. Such office shall be
maintained at Four Stamford Plaza, 107 Elm


 


6





















 


Street, Stamford, CT
06902, until such time as the Company shall notify the holders of the Warrants
of any change of location of such office.


 


(b)           The Company shall cause to be kept at
its office maintained pursuant to Section 7.2(a) hereof a register for the
registration and transfer of Warrants. The names and addresses of holders of
Warrants, the transfers thereof and the names and addresses of transferees of
Warrants shall be registered in such register. The Person in whose name any
Warrant shall be so registered shall be deemed and treated as the owner and
holder thereof for all purposes of this Warrant, and the Company shall not be
affected by any notice or knowledge to the contrary.


 


(c)           Upon the surrender of any Warrant,
properly endorsed, for registration of transfer or for exchange at the office
of the Company maintained pursuant to Section 7.2(a) hereof, the Company
at its expense will (subject to compliance with Section 4 hereof, if
applicable) execute and deliver to or upon the order of the holder thereof a
new Warrant or Warrants of like tenor, in the name of such holder or as such
holder (upon payment by such holder of any applicable transfer taxes) may
direct, calling in the aggregate on the face or faces thereof for the number of
shares of Common Stock called for on the face or faces of the Warrant or
Warrants so surrendered.


 


7.3.          Replacement of Warrants.
Upon receipt of evidence reasonably satisfactory to the Company of the loss,
theft, destruction or mutilation of any Warrant and upon delivery of indemnity
reasonably satisfactory to the Company in form and amount or, in the case of
any such mutilation, upon surrender of such Warrant for cancellation at the
office of the Company maintained pursuant to Section 7.2(a) hereof, the
Company at its expense will execute and deliver, in lieu thereof, a new Warrant
of like tenor and dated the date hereof.


 


8.             DEFINITIONS. As used herein, unless the context
otherwise requires, the following terms have the following respective meanings:


 


Business
Day:  Any day other
than a Saturday or a Sunday or a day on which commercial banking institutions
in New York, New York are authorized by law to be closed. Any reference to “days”
(unless Business Days are specified) shall mean calendar days.


 


Commission:  The Securities and Exchange Commission or any
other federal agency at the time administering the Securities Act.


 


Exchange
Act:  The Securities
Exchange Act of 1934, or any similar federal statute, and the rules and
regulations of the Commission thereunder, all as the same shall be in effect at
the time.


 


Person:  A corporation, an association, a partnership,
an organization, a business, an individual, a government or political
subdivision thereof or a governmental agency.


 


Restricted
Securities:  All of the
following:  (a) this Warrant, (b)
any shares of Common Stock which have been issued upon the exercise of this
Warrant and which are subject to the restrictions described in Section 4 hereof,
and (c) unless the context otherwise requires, any


 


7

















 


shares of Common Stock which are at the time issuable
upon the exercise of this Warrant and which, when so issued, will be subject to
the restrictions described in Section 4 hereof.


 


Rule 144:  Rule 144 under the Securities Act (or any
successor Rule).


 


Securities
Act:  The Securities
Act of 1933, or any similar federal statute, and the rules and regulations of
the Commission thereunder, all as the same shall be in effect at the time.


 


9.     REMEDIES. The Company and the holder hereof stipulate that the remedies at law of
each party hereto in the event of any default or threatened default by the
other party in the performance of or compliance with any of the terms of this
Warrant are not and will not be adequate and that, to the fullest extent
permitted by law, such terms may be specifically enforced by a decree for the
specific performance of any agreement contained herein or by an injunction
against a violation of any of the terms hereof or otherwise.


 


10.   NO RIGHTS OR LIABILITIES AS STOCKHOLDER. Nothing contained in this Warrant shall be
construed as conferring upon the holder hereof any rights as a stockholder of
the Company or as imposing any obligation on such holder to purchase any
securities or as imposing any liabilities on such holder as a stockholder of
the Company, whether such obligation or liabilities are asserted by the Company
or by creditors of the Company. Nothing contained in this Warrant shall be
construed to give any Person other than the Company and the registered holder
hereof (and its registered assigns) any legal or equitable right, remedy or
claim under this Warrant, and this Warrant shall be for the sole and exclusive
benefit of the Company and such registered holder (and its registered assigns).


 


11.   NOTICES. Any notice or other communication in connection with this Warrant shall be
deemed to be delivered if in writing (or in the form of a telex or telecopy)
addressed as hereinafter provided and if either (x) actually delivered at
said address (evidenced in the case of a telex by receipt of the correct
answerback) or (y) in the case of a letter, three Business Days shall have
elapsed after the same shall have been deposited in the United States mails,
postage prepaid and registered or certified: 
(a) if to any holder of any Warrant, at the registered address of
such holder as set forth in the register kept at the office of the Company
maintained pursuant to Section 7.2(a) hereof; or (b) if to the
Company, to the attention of its General Counsel at its office maintained
pursuant to Section 7.2(a) hereof; provided,
however, that the exercise of any
Warrant shall be effective in the manner provided in Section 1 hereof.


 


12.   CERTAIN COMPANY ACTIONS. The Company will not, by amendment of its
certificate of incorporation or through any consolidation, merger,
reorganization, transfer of assets, dissolution, issue or sale of securities or
any other voluntary action, avoid or seek to avoid the observance or
performance of any of the terms of this Warrant. Without limiting the
generality of the foregoing, the Company will not permit the par value of any
shares of stock receivable upon the exercise of this Warrant to exceed the
amount payable therefor upon such exercise.


 


8





















 


13.   NOTICES OF CORPORATE ACTION. In the event of:


 


(a)           any taking by the Company of a record
of the holders of any class of securities for the purpose of determining the
holders thereof who are entitled to receive any dividend or other distribution,
or


 


(b)           any capital reorganization of the
Company, any reclassification or recapitalization of the capital stock of the
Company or any consolidation or merger involving the Company and any other
Person or any transfer of all or substantially all the assets of the Company to
any other Person, or


 


(c)           any voluntary or involuntary
dissolution, liquidation or winding-up of the Company,


 


the Company will mail to the holder of this
Warrant a notice specifying (i) the date or expected date on which any
such record is to be taken for the purpose of such dividend, distribution or
right, and the amount and character of such dividend, distribution or right,
and (ii) the date or expected date on which any such reorganization,
reclassification, recapitalization, consolidation, merger, transfer,
dissolution, liquidation or winding-up is to take place, the time, if any such
time is to be fixed, as of which the holders of record of Common Stock shall be
entitled to exchange their shares of Common Stock for the securities or other
property deliverable upon such reorganization, reclassification,
recapitalization, consolidation, merger, transfer, dissolution, liquidation or
winding-up and a description in reasonable detail of the transaction. Such
notice shall be mailed at least 10 days prior to the date therein specified.


 


14.   MISCELLANEOUS. This Warrant and any term hereof may be changed, waived, discharged or
terminated only by an instrument in writing signed by the party against which
enforcement of such change, waiver, discharge or termination is sought. This
Warrant shall be construed and enforced in accordance with and governed by the
laws of New York. The section headings in this Warrant are for purposes of
convenience only and shall not constitute a part hereof.


 


[Signature page follows].


 


9





















 


	
   

  	
  INFORMATION
  SERVICES GROUP, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Earl H. Doppelt

  	
   

  
	
   

  	
   

  	
  Name:
  Earl H. Doppelt

  
	
   

  	
   

  	
  Title:
  Executive Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  MCP-TPI
  HOLDINGS, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Mark Thomas

  	
   

  
	
   

  	
   

  	
  Name:
  Mark Thomas

  
	
   

  	
   

  	
  Title:
  Managing Director

  
					



 


 


Common Stock Purchase
Warrant 

Signature Page