Document:

Exhibit 4.2

	
  No. 5

  	
  300,000 Shares

  

 

INFOLOGIX, INC.

WARRANT TO PURCHASE COMMON STOCK

VOID AFTER 5:30 P.M., EASTERN

TIME, ON THE EXPIRATION DATE

THIS WARRANT AND ANY SHARES ACQUIRED UPON THE
EXERCISE OF THIS WARRANT HAVE NOT BEEN 
REGISTERED  UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE “ACT”),  AND
MAY NOT BE SOLD, PLEDGED, HYPOTHECATED, DONATED OR OTHERWISE TRANSFERRED
WITHOUT COMPLIANCE  WITH THE  REGISTRATION 
OR  QUALIFICATION  PROVISIONS 
OF APPLICABLE FEDERAL AND STATE SECURITIES LAWS OR APPLICABLE EXEMPTIONS
THEREFROM.

FOR VALUE RECEIVED, 
INFOLOGIX, INC., a Delaware corporation 
(the  “Company”),  hereby 
agrees to sell upon the terms and on the conditions  hereinafter set forth, but no later than 5:30
p.m., Eastern Time, on the Expiration Date (as hereinafter  defined) to 
Michael M. Carter or registered assigns (the “Holder”), under  the 
terms  as hereinafter set forth, 300,000
fully paid and non-assessable shares of the Company’s Common Stock, par value
$0.00001 per share (the “Warrant  Stock”),
at a purchase  price of $2.00 per share
(the  “Warrant Price”), pursuant to
this  warrant  (this “Warrant”).  The number of shares of Warrant Stock to be
so issued and the Warrant Price are subject to adjustment in certain  events as 
hereinafter  set forth.  The term “Common Stock” shall mean, when used
herein,  unless the context  otherwise 
requires, the stock and other securities 
and  property  at the 
time  receivable  upon the 
exercise of this Warrant.

1.               Exercise of Warrant.

a.        The Holder may exercise this Warrant according to its terms
by completing the subscription form attached hereto and surrendering this
Warrant to the Company at the address set forth in Section 9, accompanied by
cash, certified check or bank draft in payment of the purchase price, in lawful
money of the United States of America, for the number of shares of the Warrant
Stock specified in the subscription form, or as otherwise provided in this
Warrant, prior to 5:30 p.m., Eastern Time, on November 29, 2011 (the “Expiration
Date”).

b.       This  Warrant may
be  exercised  in whole or in part so long as any exercise
in part hereof would not involve the issuance of  fractional 
shares of Warrant  Stock.  If exercised in part, the Company shall
deliver to the Holder a new Warrant, 
identical in form, in the name of the Holder, evidencing the right to
purchase  the number of shares of
Warrant  Stock as to which this Warrant
has not been  exercised, which new
Warrant shall be signed by the  Chairman,
Chief Executive Officer or President and the Secretary or Assistant  Secretary of the Company.  The term Warrant as used herein shall include
any  subsequent  Warrant issued as provided herein.

 

c.         No fractional shares or scrip representing fractional shares
shall be issued upon the exercise of this Warrant.  The Company shall pay cash in lieu of
fractional shares with respect to the Warrants based upon the fair market value
of such fractional shares of Common Stock (which shall be the closing price of
such shares on the exchange or market on which the Common Stock is then traded)
at the time of exercise of this Warrant.

d.       In the event of any exercise of the rights represented by this
Warrant, a certificate or certificates for the Warrant Stock so purchased,
registered in the name of the Holder, shall be delivered to the Holder within a
reasonable time after such rights shall have been so exercised.  The person or entity in whose name any
certificate for the Warrant Stock is issued upon exercise of the rights
represented by this Warrant shall for all purposes be deemed to have become the
holder of record of such Warrant Stock immediately prior to the close of
business on the date on which the Warrant was surrendered and payment of the
Warrant Price and any applicable taxes was made, irrespective of the date of
delivery of such certificate, except that, if the date of such surrender and
payment is a date when the stock transfer books of the Company are closed, such
person shall be deemed to have become the holder of such Warrant Stock at the
opening of business on the next succeeding date on which the stock transfer
books are open.  Except as provided in
Section 4 hereof, the Company shall pay any and all documentary stamp or
similar issue or transfer taxes payable in respect of the issue or delivery of
shares of Common Stock on exercise of this Warrant.

2.                Disposition of Warrant Stock and Warrant.

a.     The Holder hereby acknowledges that (i) this Warrant and any
Warrant Stock purchased pursuant hereto are, as of the date hereof, not
registered: (A) under the Act on the ground that the issuance of this Warrant
is exempt from registration under Section 4(2) of the Act as not involving any
public offering or (B) under any applicable state securities law because the
issuance of this Warrant does not involve any public offering and (ii) that the
Company’s reliance on the Section 4(2) exemption of the Act and under
applicable state securities laws is predicated in part on the representations
hereby made to the Company by the Holder.  The Holder represents and warrants that he,
she or it is acquiring this Warrant and will acquire the Warrant Stock for
investment for its own account, with no present intention of dividing his, her
or its participation with others or reselling or otherwise distributing the
same, subject.

The Holder hereby agrees that it will not sell or
transfer all or any part of this Warrant and/or Warrant Stock unless and until
it shall first have given notice to the Company describing such sale or
transfer and furnished to the Company either (i) an opinion, reasonably
satisfactory to counsel for the Company, of counsel (skilled in securities
matters, selected by the Holder and reasonably satisfactory to the Company) to
the effect that the proposed sale or transfer may be made without registration
under the Act and without registration or qualification under any state law, or
(ii) an interpretative letter from the Securities and Exchange Commission to
the effect that no enforcement action will be recommended if the proposed sale
or transfer is made without registration under the Act.

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b.   If, at the time of issuance of the shares issuable upon exercise
of this Warrant, no registration statement is in effect with respect to such
shares under applicable  provisions of
the Act, the Company may at its election require that the Holder provide the
Company with written  reconfirmation of
the Holder’s investment  intent and that
any stock  certificate  delivered to the Holder of a surrendered
Warrant shall bear legends reading substantially as follows:

“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND MAY NOT BE SOLD,
TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 OR AN OPINION OF
COUNSEL SATISFACTORY TO THE ISSUER OF THIS CERTIFICATE THAT REGISTRATION IS NOT
REQUIRED UNDER SAID ACT.”

In addition, so long as the foregoing legend may
remain on any stock certificate delivered to the Holder, the Company may
maintain appropriate “stop transfer” orders with respect to such certificates
and the shares represented thereby on its books and records and with those to
whom it may delegate registrar and transfer functions.

3.      Reservation
of Shares.  The Company hereby agrees
that at all times there shall be reserved for issuance upon the exercise of
this Warrant such number of shares of its Common Stock as shall be required for
issuance upon exercise of this Warrant.  The
Company further agrees that all shares of Warrant Stock represented by this
Warrant will be duly authorized and will, upon issuance and against payment of
the exercise price, be validly issued, fully paid and non-assessable.

4.      Exchange,
Transfer or Assignment of Warrant. 
This Warrant is exchangeable, without expense, at the option of the
Holder, upon presentation and surrender hereof to the Company or at the office
of its stock transfer agent, if any, for other Warrants of different
denominations, entitling the Holder or Holders thereof to purchase in the
aggregate the same number of shares of Common Stock purchasable hereunder.  Upon surrender of this Warrant to the Company
or at the office of its stock transfer agent, if any, with funds sufficient to
pay any transfer tax, the Company shall, without charge, execute and deliver a
new Warrant in the name of the assignee named in such instrument of assignment
and this Warrant shall promptly be canceled.

5.      Capital Adjustments.  This Warrant is subject to the following
further provisions:

a.     Recapitalization, Reclassification and Succession.  If any recapitalization of the Company or
reclassification of its Common Stock or any merger or consolidation of the
Company into or with a corporation or other business entity, or the sale or
transfer of all or substantially all of the Company’s assets or of any
successor corporation’s assets to any other corporation or business entity (any
such corporation or other business entity being included within the meaning of
the term “successor corporation”) shall be effected, at any time while this
Warrant remains outstanding and unexpired, then, as a condition of such
recapitalization, reclassification, merger, consolidation, sale or transfer,
lawful and adequate provision shall be made whereby the Holder of this Warrant
thereafter shall have the right to receive upon the

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exercise hereof as provided in Section 1 and in lieu
of the shares of Common Stock immediately theretofore issuable upon the
exercise of this Warrant, such shares of capital stock, securities or other
property as may be issued or payable with respect to or in exchange for a
number of outstanding shares of Common Stock equal to the number of shares of
Common Stock immediately theretofore issuable upon the exercise of this Warrant
had such recapitalization, reclassification, merger, consolidation, sale or
transfer not taken place, and in each such case, the terms of this Warrant
shall be applicable to the shares of stock or other securities or property
receivable upon the exercise of this Warrant after such consummation.

b.     Subdivision or Combination of Shares.  If the Company at any time while this Warrant
remains outstanding and unexpired shall subdivide or combine its Common Stock,
the number of shares of Warrant Stock purchasable upon exercise of this Warrant
and the Warrant Price shall be proportionately adjusted.

c.     Stock Dividends and Distributions.  If the Company at any time while this Warrant
is outstanding and unexpired shall issue or pay the holders of its Common
Stock, or take a record of the holders of its Common Stock for the purpose of
entitling them to receive, a dividend payable in, or other distribution of,
Common Stock, then (i) the Warrant Price shall be adjusted in accordance with
Section 5(d) and (ii) the number of shares of Warrant Stock purchasable upon
exercise of this Warrant shall be adjusted to the number of shares of Common
Stock that Holder would have owned immediately following such action had this
Warrant been exercised immediately prior thereto.

d.     Warrant Price Adjustment. 
Whenever the number of shares of Warrant Stock purchasable upon exercise
of this Warrant is adjusted, as herein provided, the Warrant Price payable upon
the exercise of this Warrant shall be proportionately adjusted.

e.     Certain Shares Excluded. 
The number of shares of Common Stock outstanding at any given time for
purposes of the adjustments set forth in this Section 5 shall exclude any
shares then directly or indirectly held in the treasury of the Company.

f.      Deferral and Cumulation of De Minimis Adjustments.  The Company shall not be required to make any
adjustment pursuant to this Section 5 if the amount of such adjustment would be
less than one percent (1%) of the Warrant Price in effect immediately before
the event that would otherwise have given rise to such adjustment. In such
case, however, any adjustment that would otherwise have been required to be
made shall be made at the time of and together with the next subsequent
adjustment which, together with any adjustment or adjustments so carried forward,
shall amount to not less than one percent (1%) of the Warrant Price in effect
immediately before the event giving rise to such next subsequent adjustment.

6.      Notice To Holders.

a.               Notice of Record Date.  In
case:

(i)       the Company shall take a record of the holders of its Common
Stock (or other stock or securities at the time receivable upon the exercise of
this Warrant) for the purpose of

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entitling them to receive any dividend (other than a
cash dividend payable out of earned surplus of the Company) or other
distribution, or any right to subscribe for or purchase any shares of stock of
any class or any other securities;

(ii)      of any capital reorganization of the Company, any
reclassification of the capital stock of the Company, any consolidation with or
merger of the Company into another corporation, or any conveyance of all or
substantially all of the assets of the Company to another corporation; or

(iii)     of
any voluntary dissolution, liquidation or winding-up of the Company;

then, and in each such case, the Company will mail or cause to be
mailed to the Holder hereof a notice specifying, as the case may be, (i) the
date on which a record is to be taken for the purpose of such dividend,
distribution or right, and stating the amount and character of such dividend,
distribution or right, or (ii) the date on which such  reorganization, reclassification,
consolidation, merger, conveyance, dissolution, liquidation or winding-up is to
take place, and the time, if any, is to be fixed, as of which the holders of
record of Common Stock (or such stock or securities at the time receivable upon
the exercise of this Warrant) shall be entitled to exchange their shares of
Common Stock (or such other stock or securities) for securities or other
property deliverable upon such reorganization, reclassification, consolidation,
merger, conveyance, dissolution or winding-up. 
Such notice shall be mailed at least 15 days prior to the record date
therein specified; provided, however, failure to provide any such notice shall
not affect the validity of such transaction.

b.     Notice of Adjustment. 
Whenever any adjustment shall be made pursuant to Section 5 hereof, the
Company shall promptly notify the Holder of this Warrant of the event requiring
the adjustment, the amount of the adjustment, the method by which such
adjustment was calculated and the Warrant Price and number of shares of Warrant
Stock purchasable upon exercise of this Warrant after giving effect to such
adjustment.

7.      Loss,
Theft, Destruction or Mutilation. 
Upon receipt by the Company of evidence satisfactory to it of the
ownership and the loss, theft, destruction or mutilation of this Warrant and,
in the case of loss, theft or destruction, of indemnity satisfactory to the
Company and, in the case of mutilation, upon surrender and cancellation
thereof, the Company will execute and deliver a new Warrant of like tenor dated
the date hereof.

8.      Warrant
Holder not a Stockholder.  The Holder
of this Warrant, as such, shall not be entitled by reason of this  Warrant to any rights  whatsoever as a stockholder of the Company.

9.      Notices.  Any notice required or contemplated by this
Warrant shall be deemed to have been duly given if transmitted  by registered or certified  mail, return receipt requested,  or nationally 
recognized overnight delivery service, to the Company at its
principal  executive offices 101 E.
County Line Road, Suite 210, Hatboro, PA 
19040, Attention: Chief Executive Officer, or to the Holder at the name
and address set forth in the Warrant Register 
maintained by the Company.

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10.    Choice
of Law.  THIS WARRANT IS ISSUED UNDER
AND SHALL FOR ALL PURPOSES BE GOVERNED BY AND CONSTRUED IN  ACCORDANCE 
WITH THE INTERNAL LAWS OF THE STATE OF DELAWARE, WITHOUT GIVING EFFECT
TO PRINCIPLES OF CONFLICTS OF LAW.

11.    Jurisdiction
and Venue.  The Company and Holder
hereby agree that any dispute which may arise 
between them arising out of or in connection  with this Warrant shall be adjudicated before
a court located in New Castle County, Delaware and they hereby submit to the
exclusive jurisdiction of the federal and state courts of the State of
Delaware  located in New Castle County
with  respect to any action or legal  proceeding 
commenced by any party,  and
irrevocably  waive any objection they now
or  hereafter  may have 
respecting  the  venue of any such  action 
or proceeding  brought in such a
court or respecting the fact that such court is an inconvenient  forum, 
relating to or arising out of this 
Warrant or any acts or omissions relating to the sale of the securities  hereunder, 
and consent to the service of process in the manner set forth in Section
9 of this Warrant.

 

IN WITNESS 
WHEREOF,  the undersigned has duly
executed this Warrant as of this 29th day of November, 2006.

 

	
  

  	
  INFOLOGIX, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  David T. Gulian

  
	
   

  	
   

  	
  Name: David T. Gulian

  
	
   

  	
   

  	
  Title: President and CEO

  

 

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FORM OF EXERCISE

(to
be executed by the registered holder hereof)

The undersigned hereby exercises the right to purchase                   
shares of common stock, par value $0.00001 per share (“Common Stock”), of InfoLogix,
Inc. evidenced by the within Warrant Certificate for an Exercise Price of $         
per share and herewith makes payment of the purchase price in full of $                 .  Kindly issue certificates for shares of
Common Stock (and for the unexercised balance of the Warrants evidenced by the
within Warrant Certificate, if any) in accordance with the instructions given
below.

Dated:                                
, 20    .

	
  

  
	
   

  	
   

  
	
  Instructions for registration of stock:

  
	
   

  
	
   

  	
   

  
	
  Name (Please Print)

  
	
   

  
	
  Social Security or other identifying Number:

  
	
   

  
	
   

  
	
  Address:

  	
   

  	
   

  
	
  City/State and Zip Code

  
	
   

  
	
   

  
	
  Instructions for registration of certificate
  representing

  
	
  the unexercised balance of Warrants (if any)

  
	
   

  
	
   

  	
   

  
	
  Name (Please Print)

  
	
   

  
	
  Social Security or other identifying Number:

  	
   

  	
   

  
	
   

  
	
   

  
	
  Address:

  	
   

  	
   

  
	
   

  	
   City, State
  and Zip Code

  	
   

  
									

 

 7Exhibit 4.3

	
  No. 6

  	
  100,000 Shares

  

 

INFOLOGIX, INC.

WARRANT TO PURCHASE COMMON STOCK

VOID AFTER 5:30 P.M., EASTERN

TIME, ON THE EXPIRATION DATE

THIS WARRANT AND ANY SHARES ACQUIRED UPON THE
EXERCISE OF THIS WARRANT HAVE NOT BEEN 
REGISTERED  UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE “ACT”),  AND
MAY NOT BE SOLD, PLEDGED, HYPOTHECATED, DONATED OR OTHERWISE TRANSFERRED
WITHOUT COMPLIANCE  WITH THE  REGISTRATION 
OR  QUALIFICATION  PROVISIONS 
OF APPLICABLE FEDERAL AND STATE SECURITIES LAWS OR APPLICABLE EXEMPTIONS
THEREFROM.

FOR VALUE RECEIVED, 
INFOLOGIX, INC., a Delaware corporation 
(the  “Company”),  hereby 
agrees to sell upon the terms and on the conditions  hereinafter set forth, but no later than 5:30
p.m., Eastern Time, on the Expiration Date (as hereinafter  defined) to 
Karen Mara or registered assigns (the “Holder”), under  the 
terms  as hereinafter set forth, 100,000
fully paid and non-assessable shares of the Company’s Common Stock, par value
$0.00001 per share (the “Warrant  Stock”),
at a purchase  price of $2.00 per share
(the  “Warrant Price”), pursuant to
this  warrant  (this “Warrant”).  The number of shares of Warrant Stock to be
so issued and the Warrant Price are subject to adjustment in certain  events as 
hereinafter  set forth.  The term “Common Stock” shall mean, when used
herein,  unless the context  otherwise 
requires, the stock and other securities 
and  property  at the 
time  receivable  upon the 
exercise of this Warrant.

1.               Exercise of Warrant.

a.        The Holder may exercise this Warrant according to its terms
by completing the subscription form attached hereto and surrendering this
Warrant to the Company at the address set forth in Section 9, accompanied by
cash, certified check or bank draft in payment of the purchase price, in lawful
money of the United States of America, for the number of shares of the Warrant
Stock specified in the subscription form, or as otherwise provided in this
Warrant, prior to 5:30 p.m., Eastern Time, on November 29, 2011 (the “Expiration
Date”).

b.       This  Warrant may
be  exercised  in whole or in part so long as any exercise
in part hereof would not involve the issuance of  fractional 
shares of Warrant  Stock.  If exercised in part, the Company shall
deliver to the Holder a new Warrant, 
identical in form, in the name of the Holder, evidencing the right to
purchase  the number of shares of
Warrant  Stock as to which this Warrant
has not been  exercised, which new
Warrant shall be signed by the  Chairman,
Chief Executive Officer or President and the Secretary or Assistant  Secretary of the Company.  The term Warrant as used herein shall include
any  subsequent  Warrant issued as provided herein.

 

c.         No fractional shares or scrip representing fractional shares
shall be issued upon the exercise of this Warrant.  The Company shall pay cash in lieu of
fractional shares with respect to the Warrants based upon the fair market value
of such fractional shares of Common Stock (which shall be the closing price of
such shares on the exchange or market on which the Common Stock is then traded)
at the time of exercise of this Warrant.

d.       In the event of any exercise of the rights represented by this
Warrant, a certificate or certificates for the Warrant Stock so purchased,
registered in the name of the Holder, shall be delivered to the Holder within a
reasonable time after such rights shall have been so exercised.  The person or entity in whose name any
certificate for the Warrant Stock is issued upon exercise of the rights
represented by this Warrant shall for all purposes be deemed to have become the
holder of record of such Warrant Stock immediately prior to the close of
business on the date on which the Warrant was surrendered and payment of the
Warrant Price and any applicable taxes was made, irrespective of the date of
delivery of such certificate, except that, if the date of such surrender and
payment is a date when the stock transfer books of the Company are closed, such
person shall be deemed to have become the holder of such Warrant Stock at the
opening of business on the next succeeding date on which the stock transfer
books are open.  Except as provided in
Section 4 hereof, the Company shall pay any and all documentary stamp or
similar issue or transfer taxes payable in respect of the issue or delivery of
shares of Common Stock on exercise of this Warrant.

2.                Disposition of Warrant Stock and Warrant.

a.     The Holder hereby acknowledges that (i) this Warrant and any
Warrant Stock purchased pursuant hereto are, as of the date hereof, not
registered: (A) under the Act on the ground that the issuance of this Warrant
is exempt from registration under Section 4(2) of the Act as not involving any
public offering or (B) under any applicable state securities law because the
issuance of this Warrant does not involve any public offering and (ii) that the
Company’s reliance on the Section 4(2) exemption of the Act and under
applicable state securities laws is predicated in part on the representations
hereby made to the Company by the Holder. 
The Holder represents and warrants that he, she or it is acquiring this
Warrant and will acquire the Warrant Stock for investment for its own account,
with no present intention of dividing his, her or its participation with others
or reselling or otherwise distributing the same, subject.

The Holder hereby agrees that it will not sell or
transfer all or any part of this Warrant and/or Warrant Stock unless and until
it shall first have given notice to the Company describing such sale or
transfer and furnished to the Company either (i) an opinion, reasonably
satisfactory to counsel for the Company, of counsel (skilled in securities
matters, selected by the Holder and reasonably satisfactory to the Company) to
the effect that the proposed sale or transfer may be made without registration
under the Act and without registration or qualification under any state law, or
(ii) an interpretative letter from the Securities and Exchange Commission to
the effect that no enforcement action will be recommended if the proposed sale
or transfer is made without registration under the Act.

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b.   If, at the time of issuance of the shares issuable upon exercise
of this Warrant, no registration statement is in effect with respect to such
shares under applicable  provisions of
the Act, the Company may at its election require that the Holder provide the
Company with written  reconfirmation of
the Holder’s investment  intent and that
any stock  certificate  delivered to the Holder of a surrendered
Warrant shall bear legends reading substantially as follows:

“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND MAY NOT BE SOLD,
TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 OR AN OPINION OF
COUNSEL SATISFACTORY TO THE ISSUER OF THIS CERTIFICATE THAT REGISTRATION IS NOT
REQUIRED UNDER SAID ACT.”

In addition, so long as the foregoing legend may
remain on any stock certificate delivered to the Holder, the Company may
maintain appropriate “stop transfer” orders with respect to such certificates
and the shares represented thereby on its books and records and with those to
whom it may delegate registrar and transfer functions.

3.      Reservation
of Shares.  The Company hereby agrees
that at all times there shall be reserved for issuance upon the exercise of
this Warrant such number of shares of its Common Stock as shall be required for
issuance upon exercise of this Warrant. 
The Company further agrees that all shares of Warrant Stock represented
by this Warrant will be duly authorized and will, upon issuance and against
payment of the exercise price, be validly issued, fully paid and
non-assessable.

4.      Exchange,
Transfer or Assignment of Warrant. 
This Warrant is exchangeable, without expense, at the option of the
Holder, upon presentation and surrender hereof to the Company or at the office
of its stock transfer agent, if any, for other Warrants of different
denominations, entitling the Holder or Holders thereof to purchase in the
aggregate the same number of shares of Common Stock purchasable hereunder.  Upon surrender of this Warrant to the Company
or at the office of its stock transfer agent, if any, with funds sufficient to
pay any transfer tax, the Company shall, without charge, execute and deliver a
new Warrant in the name of the assignee named in such instrument of assignment
and this Warrant shall promptly be canceled.

5.      Capital Adjustments.  This Warrant is subject to the following
further provisions:

a.     Recapitalization, Reclassification and Succession.  If any recapitalization of the Company or
reclassification of its Common Stock or any merger or consolidation of the
Company into or with a corporation or other business entity, or the sale or
transfer of all or substantially all of the Company’s assets or of any
successor corporation’s assets to any other corporation or business entity (any
such corporation or other business entity being included within the meaning of
the term “successor corporation”) shall be effected, at any time while this
Warrant remains outstanding and unexpired, then, as a condition of such
recapitalization, reclassification, merger, consolidation, sale or transfer,
lawful and adequate provision shall be made whereby the Holder of this Warrant
thereafter shall have the right to receive upon the

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exercise hereof as provided in Section 1 and in lieu
of the shares of Common Stock immediately theretofore issuable upon the
exercise of this Warrant, such shares of capital stock, securities or other property
as may be issued or payable with respect to or in exchange for a number of
outstanding shares of Common Stock equal to the number of shares of Common
Stock immediately theretofore issuable upon the exercise of this Warrant had
such recapitalization, reclassification, merger, consolidation, sale or
transfer not taken place, and in each such case, the terms of this Warrant
shall be applicable to the shares of stock or other securities or property
receivable upon the exercise of this Warrant after such consummation.

b.     Subdivision or Combination of Shares.  If the Company at any time while this Warrant
remains outstanding and unexpired shall subdivide or combine its Common Stock,
the number of shares of Warrant Stock purchasable upon exercise of this Warrant
and the Warrant Price shall be proportionately adjusted.

c.     Stock Dividends and Distributions.  If the Company at any time while this Warrant
is outstanding and unexpired shall issue or pay the holders of its Common
Stock, or take a record of the holders of its Common Stock for the purpose of
entitling them to receive, a dividend payable in, or other distribution of,
Common Stock, then (i) the Warrant Price shall be adjusted in accordance with
Section 5(d) and (ii) the number of shares of Warrant Stock purchasable upon
exercise of this Warrant shall be adjusted to the number of shares of Common
Stock that Holder would have owned immediately following such action had this
Warrant been exercised immediately prior thereto.

d.     Warrant Price Adjustment. 
Whenever the number of shares of Warrant Stock purchasable upon exercise
of this Warrant is adjusted, as herein provided, the Warrant Price payable upon
the exercise of this Warrant shall be proportionately adjusted.

e.     Certain Shares Excluded. 
The number of shares of Common Stock outstanding at any given time for
purposes of the adjustments set forth in this Section 5 shall exclude any
shares then directly or indirectly held in the treasury of the Company.

f.      Deferral and Cumulation of De Minimis Adjustments.  The Company shall not be required to make any
adjustment pursuant to this Section 5 if the amount of such adjustment would be
less than one percent (1%) of the Warrant Price in effect immediately before
the event that would otherwise have given rise to such adjustment. In such
case, however, any adjustment that would otherwise have been required to be
made shall be made at the time of and together with the next subsequent
adjustment which, together with any adjustment or adjustments so carried
forward, shall amount to not less than one percent (1%) of the Warrant Price in
effect immediately before the event giving rise to such next subsequent
adjustment.

6.      Notice To Holders.

a.               Notice of Record Date.  In
case:

(i)       the Company shall take a record of the holders of its Common
Stock (or other stock or securities at the time receivable upon the exercise of
this Warrant) for the purpose of

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entitling them to receive any dividend (other than a
cash dividend payable out of earned surplus of the Company) or other
distribution, or any right to subscribe for or purchase any shares of stock of
any class or any other securities;

(ii)      of any capital reorganization of the Company, any
reclassification of the capital stock of the Company, any consolidation with or
merger of the Company into another corporation, or any conveyance of all or
substantially all of the assets of the Company to another corporation; or

(iii)     of
any voluntary dissolution, liquidation or winding-up of the Company;

then, and in each such case, the Company will mail or cause to be
mailed to the Holder hereof a notice specifying, as the case may be, (i) the
date on which a record is to be taken for the purpose of such dividend,
distribution or right, and stating the amount and character of such dividend,
distribution or right, or (ii) the date on which such  reorganization, reclassification,
consolidation, merger, conveyance, dissolution, liquidation or winding-up is to
take place, and the time, if any, is to be fixed, as of which the holders of
record of Common Stock (or such stock or securities at the time receivable upon
the exercise of this Warrant) shall be entitled to exchange their shares of
Common Stock (or such other stock or securities) for securities or other
property deliverable upon such reorganization, reclassification, consolidation,
merger, conveyance, dissolution or winding-up. 
Such notice shall be mailed at least 15 days prior to the record date
therein specified; provided, however, failure to provide any such notice shall
not affect the validity of such transaction.

b.     Notice of Adjustment. 
Whenever any adjustment shall be made pursuant to Section 5 hereof, the
Company shall promptly notify the Holder of this Warrant of the event requiring
the adjustment, the amount of the adjustment, the method by which such
adjustment was calculated and the Warrant Price and number of shares of Warrant
Stock purchasable upon exercise of this Warrant after giving effect to such
adjustment.

7.      Loss,
Theft, Destruction or Mutilation. 
Upon receipt by the Company of evidence satisfactory to it of the
ownership and the loss, theft, destruction or mutilation of this Warrant and,
in the case of loss, theft or destruction, of indemnity satisfactory to the
Company and, in the case of mutilation, upon surrender and cancellation
thereof, the Company will execute and deliver a new Warrant of like tenor dated
the date hereof.

8.      Warrant
Holder not a Stockholder.  The Holder
of this Warrant, as such, shall not be entitled by reason of this  Warrant to any rights  whatsoever as a stockholder of the Company.

9.      Notices.  Any notice required or contemplated by this
Warrant shall be deemed to have been duly given if transmitted  by registered or certified  mail, return receipt requested,  or nationally 
recognized overnight delivery service, to the Company at its
principal  executive offices 101 E.
County Line Road, Suite 210, Hatboro, PA 
19040, Attention: Chief Executive Officer, or to the Holder at the name
and address set forth in the Warrant Register 
maintained by the Company.

 5
 

 

10.    Choice
of Law.  THIS WARRANT IS ISSUED UNDER
AND SHALL FOR ALL PURPOSES BE GOVERNED BY AND CONSTRUED IN  ACCORDANCE 
WITH THE INTERNAL LAWS OF THE STATE OF DELAWARE, WITHOUT GIVING EFFECT
TO PRINCIPLES OF CONFLICTS OF LAW.

11.    Jurisdiction
and Venue.  The Company and Holder
hereby agree that any dispute which may arise 
between them arising out of or in connection  with this Warrant shall be adjudicated before
a court located in New Castle County, Delaware and they hereby submit to the
exclusive jurisdiction of the federal and state courts of the State of
Delaware  located in New Castle County
with  respect to any action or legal  proceeding 
commenced by any party,  and
irrevocably  waive any objection they now
or  hereafter  may have 
respecting  the  venue of any such  action 
or proceeding  brought in such a
court or respecting the fact that such court is an inconvenient  forum, 
relating to or arising out of this 
Warrant or any acts or omissions relating to the sale of the
securities  hereunder,  and consent to the service of process in the
manner set forth in Section 9 of this Warrant.

IN WITNESS 
WHEREOF,  the undersigned has duly
executed this Warrant as of this 29th day of November, 2006.

 

	
  

  	
  INFOLOGIX, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  David T. Gulian

  
	
   

  	
   

  	
  Name: David T. Gulian

  
	
   

  	
   

  	
  Title: President and CEO

  

 

 6
 

 

FORM OF EXERCISE

(to
be executed by the registered holder hereof)

The undersigned hereby exercises the right to purchase               
shares of common stock, par value $0.00001 per share (“Common Stock”), of InfoLogix,
Inc. evidenced by the within Warrant Certificate for an Exercise Price of $         
per share and herewith makes payment of the purchase price in full of $                .  Kindly issue certificates for shares of
Common Stock (and for the unexercised balance of the Warrants evidenced by the
within Warrant Certificate, if any) in accordance with the instructions given
below.

Dated:                           
, 20    .

	
  

  
	
   

  	
   

  
	
   

  
	
  Instructions for registration of stock:

  
	
   

  
	
   

  	
   

  
	
  Name (Please Print)

  
	
   

  
	
  Social Security or other identifying Number:

  
	
   

  
	
   

  
	
  Address:

  	
   

  	
   

  
	
  City/State and Zip Code

  
	
   

  
	
   

  
	
  Instructions for registration of certificate
  representing

  
	
  the unexercised balance of Warrants (if any)

  
	
   

  
	
   

  	
   

  
	
  Name (Please Print)

  
	
   

  
	
  Social Security or other identifying Number:

  	
   

  	
   

  
	
   

  
	
   

  
	
  Address:

  	
   

  	
   

  
	
   

  	
  City, State and Zip Code

  	
   

  
									

 

 7

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