Document:

EXHIBIT 4.12

FORM OF 2004 WARRANT

     THE SECURITIES REPRESENTED HEREBY MAY NOT BE TRANSFERRED UNLESS (I) SUCH SECURITIES HAVE BEEN REGISTERED FOR SALE PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED, (II) SUCH SECURITIES MAY BE SOLD PURSUANT TO RULE 144(K), OR (III) THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO IT THAT SUCH TRANSFER MAY LAWFULLY BE MADE WITHOUT REGISTRATION UNDER THE SECURITIES ACT OF 1933 OR QUALIFICATION UNDER APPLICABLE STATE SECURITIES LAWS.

     SUBJECT TO THE PROVISIONS OF SECTION 10 HEREOF, THIS WARRANT SHALL BE VOID AFTER 5:00 P.M. EASTERN TIME ON ______________, 2009 (the “EXPIRATION DATE”).

No. __________

UNIFY CORPORATION

WARRANT TO PURCHASE SHARES OF 
COMMON STOCK, PAR VALUE $0.001 PER SHARE

     For VALUE RECEIVED, ____________________ (“Warrantholder”), is entitled to purchase, subject to the provisions of this Warrant, from Unify Corporation, a Delaware corporation (“Company”), at any time not later than 5:00 P.M., Eastern time, on the Expiration Date (as defined above), at an initial exercise price per share equal to $0.90 (the exercise price in effect being herein called the “Warrant Price”), ______ shares (“Warrant Shares”) of the Company’s Common Stock, par value $0.001 per share (“Common Stock”). The number of Warrant Shares purchasable upon exercise of this Warrant and the Warrant Price shall be subject to adjustment from time to time as described herein.

     Section 1. Registration. The Company shall maintain books for the transfer and registration of the Warrant. Upon the initial issuance of this Warrant, the Company shall issue and register the Warrant in the name of the Warrantholder.

     Section 2. Transfers. As provided herein, this Warrant may be transferred only pursuant to a registration statement filed under the Securities Act of 1933, as amended (the “Securities Act”), or an exemption from such registration. Subject to such restrictions, the Company shall transfer this Warrant from time to time upon the books to be maintained by the Company for that purpose, upon surrender thereof for transfer properly endorsed or accompanied by appropriate instructions for transfer and such other documents as may be reasonably required by the Company, including, if required by the Company, an opinion of its counsel to the effect that such transfer is exempt from the registration requirements of the Securities Act, to establish that such transfer is being made in accordance with the terms hereof, and a new Warrant shall be issued to the transferee and
the surrendered Warrant shall be canceled by the Company.

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     Section 3. Exercise of Warrant. Subject to the provisions hereof, the Warrantholder may exercise this Warrant in whole or in part at any time prior to its expiration upon surrender of the Warrant, together with delivery of the duly executed Warrant exercise form attached hereto as Appendix A (the “Exercise Agreement”) and payment by cash, certified check or wire transfer of funds for the aggregate Warrant Price for that number of Warrant Shares then being purchased, to the Company during normal business hours on any business day at the Company’s principal executive offices (or such other office or agency of the Company as it may designate by notice to the Warrantholder). The Warrant Shares so purchased shall be deemed to be issued to the Warrantholder or the Warrantholder’s designee, as the record owner of such shares, as of the close of business on the date on
which this Warrant shall have been surrendered (or evidence of loss, theft or destruction thereof and security or indemnity satisfactory to the Company), the Warrant Price shall have been paid and the completed Exercise Agreement shall have been delivered. Certificates for the Warrant Shares so purchased, representing the aggregate number of shares specified in the Exercise Agreement, shall be delivered to the Warrantholder within a reasonable time, not exceeding three (3) business days, after this Warrant shall have been so exercised. The certificates so delivered shall be in such denominations as may be requested by the Warrantholder and shall be registered in the name of the Warrantholder or such other name as shall be designated by the Warrantholder. If this Warrant shall have been exercised only in part, then, unless this Warrant has expired, the Company shall, at its expense, at the time of delivery of such certificates, deliver to the Warrantholder a new Warrant representing the number of
shares with respect to which this Warrant shall not then have been exercised. As used herein, “business day” means a day, other than a Saturday or Sunday, on which banks in New York City are open for the general transaction of business. Each exercise hereof shall constitute the re-affirmation by the Warrantholder that the representations and warranties contained in Section 5 of the Purchase Agreement (as defined below) are true and correct in all material respects with respect to the Warrantholder as of the time of such exercise.

     Section 4. Compliance with the Securities Act of 1933. Except as provided in the Purchase Agreement (as defined below), the Company may cause the legend set forth on the first page of this Warrant to be set forth on each Warrant or similar legend on any security issued or issuable upon exercise of this Warrant, unless counsel for the Company is of the opinion as to any such security that such legend is unnecessary.

     Section 5. Payment of Taxes. The Company will pay any documentary stamp taxes attributable to the initial issuance of Warrant Shares issuable upon the exercise of the Warrant; provided, however, that the Company shall not be required to pay any tax or taxes which may be payable in respect of any transfer involved in the issuance or delivery of any certificates for Warrant Shares in a name other than that of the Warrantholder in respect of which such shares are issued, and in such case, the Company shall not be required to issue or deliver any certificate for Warrant Shares or any Warrant until the person requesting the same has paid to the Company the amount of such tax or has established to the Company’s reasonable satisfaction that such tax has been paid. The Warrantholder shall be responsible for income taxes due under federal, state or other law, if any such tax is
due.

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     Section 6. Mutilated or Missing Warrants. In case this Warrant shall be mutilated, lost, stolen, or destroyed, the Company shall issue in exchange and substitution of and upon cancellation of the mutilated Warrant, or in lieu of and substitution for the Warrant lost, stolen or destroyed, a new Warrant of like tenor and for the purchase of a like number of Warrant Shares, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction of the Warrant, and with respect to a lost, stolen or destroyed Warrant, reasonable indemnity or bond with respect thereto, if requested by the Company.

     Section 7. Reservation of Common Stock. The Company hereby represents and warrants that there have been reserved, and the Company shall at all applicable times keep reserved until issued (if necessary) as contemplated by this Section 7, out of the authorized and unissued shares of Common Stock, sufficient shares to provide for the exercise of the rights of purchase represented by this Warrant. The Company agrees that all Warrant Shares issued upon due exercise of the Warrant shall be, at the time of delivery of the certificates for such Warrant Shares, duly authorized, validly issued, fully paid and non-assessable shares of Common Stock of the Company.

     Section 8. Adjustments. Subject and pursuant to the provisions of this Section 8, the Warrant Price and number of Warrant Shares subject to this Warrant shall be subject to adjustment from time to time as set forth hereinafter.

          (a) If the Company shall, at any time or from time to time while this Warrant is outstanding, pay a dividend or make a distribution on its Common Stock in shares of Common Stock, subdivide its outstanding shares of Common Stock into a greater number of shares or combine its outstanding shares of Common Stock into a smaller number of shares or issue by reclassification of its outstanding shares of Common Stock any shares of its capital stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing corporation), then the number of Warrant Shares purchasable upon exercise of the Warrant and the Warrant Price in effect immediately prior to the date upon which such change shall become effective, shall be adjusted by the Company so that the Warrantholder thereafter exercising the Warrant shall be
entitled to receive the number of shares of Common Stock or other capital stock which the Warrantholder would have received if the Warrant had been exercised immediately prior to such event upon payment of a Warrant Price that has been adjusted to reflect a fair allocation of the economics of such event to the Warrantholder. Such adjustments shall be made successively whenever any event listed above shall occur.

          (b) If any capital reorganization, reclassification of the capital stock of the Company, consolidation or merger of the Company with another corporation in which the Company is not the survivor, or sale, transfer or other disposition of all or substantially all of the Company’s assets to another corporation shall be effected, then, as a condition of such reorganization, reclassification, consolidation, merger, sale, transfer or other disposition, lawful and adequate provision shall be made whereby each Warrantholder shall thereafter have the right to purchase and receive upon the basis and upon the terms and conditions herein specified and in lieu of the Warrant Shares immediately theretofore issuable upon exercise of the Warrant, such shares of stock, securities or assets as would have been issuable or payable with respect to or in exchange for a
number of Warrant Shares equal to the number of Warrant Shares immediately theretofore issuable upon exercise of the Warrant, had such reorganization, reclassification, consolidation, merger, sale, transfer or other disposition not taken place, and in any such case appropriate provision shall be made with respect to the rights and interests of each Warrantholder to the end that the provisions hereof (including, without limitation, provision for adjustment of the Warrant Price) shall thereafter be applicable, as nearly equivalent as may be practicable in relation to any shares of stock, securities or assets thereafter deliverable upon the exercise hereof. The Company shall not effect any such consolidation, merger, sale, transfer or other disposition unless prior to or simultaneously with the consummation thereof the successor corporation (if other than the Company) resulting from such consolidation or merger, or the corporation purchasing or otherwise acquiring such assets or other appropriate
corporation or entity shall assume the obligation to deliver to the Warrantholder, at the last address of the Warrantholder appearing on the books of the Company, such shares of stock, securities or assets as, in accordance with the foregoing provisions, the Warrantholder may be entitled to purchase, and the other obligations under this Warrant. The provisions of this paragraph (b) shall similarly apply to successive reorganizations, reclassifications, consolidations, mergers, sales, transfers or other dispositions.

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          (c) In case the Company shall fix a payment date for the making of a distribution to all holders of Common Stock (including any such distribution made in connection with a consolidation or merger in which the Company is the continuing corporation) of evidences of indebtedness or assets (other than cash dividends or cash distributions payable out of consolidated earnings or earned surplus or dividends or distributions referred to in Section 8(a)), or subscription rights or warrants, the Warrant Price to be in effect after such payment date shall be determined by multiplying the Warrant Price in effect immediately prior to such payment date by a fraction, the numerator of which shall be the total number of shares of Common Stock outstanding multiplied by the Market Price (as defined below) per share of Common Stock immediately prior to such payment date,
less the fair market value (as determined by the Company’s Board of Directors in good faith) of said assets or evidences of indebtedness so distributed, or of such subscription rights or warrants, and the denominator of which shall be the total number of shares of Common Stock outstanding multiplied by such Market Price per share of Common Stock immediately prior to such payment date. “Market Price” as of a particular date (the “Valuation Date”) shall mean the following: (a) if the Common Stock is then listed on a national stock exchange, the closing sale price of one share of Common Stock on such exchange on the last trading day prior to the Valuation Date; (b) if the Common Stock is then quoted on The Nasdaq Stock Market, Inc. (“Nasdaq”) or the Over-the-Counter Bulletin Board (“OTC/BB”), the closing sale price of one share of Common Stock on Nasdaq on the last trading day prior to the Valuation Date or, if no such closing sale price is available, the
average of the high bid and the low asked price quoted on Nasdaq or OTC/BB on the last trading day prior to the Valuation Date; or (c) if the Common Stock is not then listed on a national stock exchange or quoted on Nasdaq, the fair market value of one share of Common Stock as of the Valuation Date, shall be determined in good faith by the Board of Directors of the Company and the Warrantholder. If the Common Stock is not then listed on a national securities exchange or quoted on Nasdaq, the Board of Directors of the Company shall respond promptly, in writing, to an inquiry by the Warrantholder prior to the exercise hereunder as to the fair market value of a share of Common Stock as determined by the Board of Directors of the Company. In the event that the Board of Directors of the Company and the Warrantholder are unable to agree upon the fair market value in respect of subpart (c) hereof, the Company and the Warrantholder shall jointly select an appraiser, who is experienced in such matters. The
decision of such appraiser shall be final and conclusive, and the cost of such appraiser shall be borne equally by the Company and the Warrantholder. Such adjustment shall be made successively whenever such a payment date is fixed.

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          (d) An adjustment to the Warrant Price shall become effective immediately after the payment date in the case of each dividend or distribution and immediately after the effective date of each other event which requires an adjustment.

          (e) In the event that, as a result of an adjustment made pursuant to this Section 8, the Warrantholder shall become entitled to receive any shares of capital stock of the Company other than shares of Common Stock, the number of such other shares so receivable upon exercise of this Warrant shall be subject thereafter to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares contained in this Warrant.

          (f) Except as provided in subsection (g) hereof, if and whenever the Company shall issue or sell, or is, in accordance with any of subsections (f)(l) through (f)(7) hereof, deemed to have issued or sold, any shares of Common Stock for no consideration or for a consideration per share less than the Warrant Price in effect immediately prior to the time of such issue or sale, then and in each such case (a “Trigger Issuance”) the then-existing Warrant Price, shall be reduced, as of the close of business on the effective date of the Trigger Issuance, to a price determined as follows:

	           	Adjusted Warrant Price = (A x B) + D 
		                                             A+C 

                    where

                    “A” equals the number of shares of Common Stock outstanding, including Additional Shares of Common Stock (as defined below) deemed to be issued hereunder, immediately preceding such Trigger Issuance;

                    “B” equals the Warrant Price in effect immediately preceding such Trigger Issuance;

                    “C” equals the number of Additional Shares of Common Stock issued or deemed issued hereunder as a result of the Trigger Issuance; and

                    “D” equals the aggregate consideration, if any, received or deemed to be received by the Company upon such Trigger Issuance;

provided, however, that in no event shall the Warrant Price after giving effect to such Trigger Issuance be greater than the Warrant Price in effect prior to such Trigger Issuance.

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          For purposes of this subsection (f), “Additional Shares of Common Stock” shall mean all shares of Common Stock issued by the Company or deemed to be issued pursuant to this subsection (f), other than Excluded Issuances (as defined in subsection (g) hereof).

          For purposes of this subsection (f), the following subsections (f)(l) to (f)(7) shall also be applicable:

     (f)(1) Issuance of Rights or Options. In case at any time the Company shall in any manner grant (directly and not by assumption in a merger or otherwise) any warrants or other rights to subscribe for or to purchase, or any options for the purchase of, Common Stock or any stock or security convertible into or exchangeable for Common Stock (such warrants, rights or options being called “Options” and such convertible or exchangeable stock or securities being called “Convertible Securities”) whether or not such Options or the right to convert or exchange any such Convertible Securities are immediately exercisable, and the price per share for which Common Stock is issuable upon the exercise of such Options or upon the conversion or exchange of such Convertible Securities (determined by dividing (i) the sum (which sum shall constitute the applicable
consideration) of (x) the total amount, if any, received or receivable by the Company as consideration for the granting of such Options, plus (y) the aggregate amount of additional consideration payable to the Company upon the exercise of all such Options, plus (z), in the case of such Options which relate to Convertible Securities, the aggregate amount of additional consideration, if any, payable upon the issue or sale of such Convertible Securities and upon the conversion or exchange thereof, by (ii) the total maximum number of shares of Common Stock issuable upon the exercise of such Options or upon the conversion or exchange of all such Convertible Securities issuable upon the exercise of such Options) shall be less than the Warrant Price in effect immediately prior to the time of the granting of such Options, then the total number of shares of Common Stock issuable upon the exercise of such Options or upon conversion or exchange of the total amount of such Convertible Securities issuable upon the
exercise of such Options shall be deemed to have been issued for such price per share as of the date of granting of such Options or the issuance of such Convertible Securities and thereafter shall be deemed to be outstanding for purposes of adjusting the Warrant Price. Except as otherwise provided in subsection 8(f)(3), no adjustment of the Warrant Price shall be made upon the actual issue of such Common Stock or of such Convertible Securities upon exercise of such Options or upon the actual issue of such Common Stock upon conversion or exchange of such Convertible Securities.

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     (f)(2) Issuance of Convertible Securities. In case the Company shall in any manner issue (directly and not by assumption in a merger or otherwise) or sell any Convertible Securities, whether or not the rights to exchange or convert any such Convertible Securities are immediately exercisable, and the price per share for which Common Stock is issuable upon such conversion or exchange (determined by dividing (i) the sum (which sum shall constitute the applicable consideration) of (x) the total amount received or receivable by the Company as consideration for the issue or sale of such Convertible Securities, plus (y) the aggregate amount of additional consideration, if any, payable to the Company upon the conversion or exchange thereof, by (ii) the total number of shares of Common Stock issuable upon the conversion or
exchange of all such Convertible Securities) shall be less than the Warrant Price in effect immediately prior to the time of such issue or sale, then the total maximum number of shares of Common Stock issuable upon conversion or exchange of all such Convertible Securities shall be deemed to have been issued for such price per share as of the date of the issue or sale of such Convertible Securities and thereafter shall be deemed to be outstanding for purposes of adjusting the Warrant Price, provided that (a) except as otherwise provided in subsection 8(f)(3), no adjustment of the Warrant Price shall be made upon the actual issuance of such Common Stock upon conversion or exchange of such Convertible Securities and (b) no further adjustment of the Warrant Price shall be made by reason of the issue or sale of Convertible Securities upon exercise of any Options to purchase any such Convertible Securities for which adjustments of the Warrant Price have been made pursuant to the other provisions of
subsection 8(f).

     (f)(3) Change in Option Price or Conversion Rate. Upon the happening of any of the following events, namely, if the purchase price provided for in any Option referred to in subsection 8(f)(l) hereof, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in subsections 8(f)(l) or 8(f)(2), or the rate at which Convertible Securities referred to in subsections 8(f)(l) or 8(f)(2) are convertible into or exchangeable for Common Stock shall change at any time (including, but not limited to, changes under or by reason of provisions designed to protect against dilution), the Warrant Price in effect at the time of such event shall forthwith be readjusted to the Warrant Price which would have been in effect at such time had such Options or Convertible Securities still outstanding provided for such changed purchase
price, additional consideration or conversion rate, as the case may be, at the time initially granted, issued or sold. On the termination of any Option for which any adjustment was made pursuant to this subsection 8(f) or any right to convert or exchange Convertible Securities for which any adjustment was made pursuant to this subsection 8(f) (including without limitation upon the redemption or purchase for consideration of such Convertible Securities by the Company), the Warrant Price then in effect hereunder shall forthwith be changed to the Warrant Price which would have been in effect at the time of such termination had such Option or Convertible Securities, to the extent outstanding immediately prior to such termination, never been issued.

     (f)(4) Stock Dividends. Subject to the provisions of this Section 8(f), in case the Company shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

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     (f)(5) Consideration for Stock. In case any shares of Common Stock, Options or Convertible Securities shall be issued or sold for cash, the consideration received therefor shall be deemed to be the net amount received by the Company therefor, before deduction therefrom of any expenses incurred or any underwriting commissions or concessions paid or allowed by the Company in connection therewith. In case any shares of Common Stock, Options or Convertible Securities shall be issued or sold for a consideration other than cash, the amount of the consideration other than cash received by the Company shall be deemed to be the fair value of such consideration as determined in good faith by the Board of Directors of the Company, before deduction of any expenses incurred or any underwriting commissions or concessions paid or allowed by the Company in connection therewith. In case
any Options shall be issued in connection with the issue and sale of other securities of the Company, together comprising one integral transaction in which no specific consideration is allocated to such Options by the parties thereto, such Options shall be deemed to have been issued for such consideration as determined in good faith by the Board of Directors of the Company. If Common Stock, Options or Convertible Securities shall be issued or sold by the Company and, in connection therewith, other Options or Convertible Securities (the “Additional Rights”) are issued, then the consideration received or deemed to be received by the Company shall be reduced by the fair market value of the Additional Rights (as determined using the Black-Scholes option pricing model or another method mutually agreed to by the Company and the Warrantholder). The Board of Directors of the Company shall respond promptly, in writing, to an inquiry by the Warrantholder as to the fair market value of the Additional
Rights. In the event that the Board of Directors of the Company and the Warrantholder are unable to agree upon the fair market value of the Additional Rights, the Company and the Warrantholder shall jointly select an appraiser, who is experienced in such matters. The decision of such appraiser shall be final and conclusive, and the cost of such appraiser shall be borne evenly by the Company and the Warrantholder.

     (f)(6) Record Date. In case the Company shall take a record of the holders of its Common Stock for the purpose of entitling them (i) to receive a dividend or other distribution payable in Common Stock, Options or Convertible Securities or (ii) to subscribe for or purchase Common Stock, Options or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the shares of Common Stock deemed to have been issued or sold upon the declaration of such dividend or the making of such other distribution or the date of the granting of such right of subscription or purchase, as the case may be.

     (f)(7) Treasury Shares. The number of shares of Common Stock outstanding at any given time shall not include shares owned or held by or for the account of the Company or any of its wholly-owned subsidiaries, and the disposition of any such shares (other than the cancellation or retirement thereof) shall be considered an issue or sale of Common Stock for the purpose of this subsection (f).

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          (g) Anything herein to the contrary notwithstanding, the Company shall not be required to make any adjustment of the Warrant Price in the case of the issuance of (A) capital stock, Options or Convertible Securities issued to directors, officers, employees or consultants of the Company in connection with their service as directors of the Company, their employment by the Company or their retention as consultants by the Company pursuant to an equity compensation program approved by the Board of Directors of the Company or the compensation committee of the Board of Directors of the Company, (B) shares of Common Stock issued upon the conversion or exercise of Options or Convertible Securities issued prior to the date hereof, (C) securities issued pursuant to that certain Purchase Agreement dated April 23, 2004, among the
Company and the Investors named therein (the “Purchase Agreement”) and securities issued upon the exercise or conversion of those securities, and (D) shares of Common Stock issued or issuable by reason of a dividend, stock split or other distribution on shares of Common Stock (but only to the extent that such a dividend, split or distribution results in an adjustment in the Warrant Price pursuant to the other provisions of this Warrant) (collectively, “Excluded Issuances”).

          (h) Upon any adjustment to the Warrant Price pursuant to Section 8(f) above, the number of Warrant Shares purchasable hereunder shall be adjusted by multiplying such number by a fraction, the numerator of which shall be the Warrant Price in effect immediately prior to such adjustment and the denominator of which shall be the Warrant Price in effect immediately thereafter.

     Section 9. Fractional Interest. The Company shall not be required to issue fractions of Warrant Shares upon the exercise of this Warrant. If any fractional share of Common Stock would, except for the provisions of the first sentence of this Section 9, be deliverable upon such exercise, the Company, in lieu of delivering such fractional share, shall pay to the exercising Warrantholder an amount in cash equal to the Market Price of such fractional share of Common Stock on the date of exercise.

     Section 10. Extension of Expiration Date. If the Company fails to cause any Registration Statement covering Registrable Securities (unless otherwise defined herein, capitalized terms are as defined in the Registration Rights Agreement relating to the Warrant Shares (the “Registration Rights Agreement”)) to be declared effective prior to the applicable dates set forth therein, or if any of the events specified in Section 2(c)(ii) of the Registration Rights Agreement occurs, and the Blackout Period or Allowed Delay (whether alone, or in combination with any other Blackout Period or Allowed Delay) continues for more than 60 days in any 12 month period, or for more than a total of 90 days, then the Expiration Date of this Warrant shall be extended one day for each day beyond the 60-day or 90-day limits, as the case may be, that the Blackout Period
continues.

     Section 11. Benefits. Nothing in this Warrant shall be construed to give any person, firm or corporation (other than the Company and the Warrantholder) any legal or equitable right, remedy or claim, it being agreed that this Warrant shall be for the sole and exclusive benefit of the Company and the Warrantholder.

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     Section 12. Notices to Warrantholder. Upon the happening of any event requiring an adjustment of the Warrant Price, the Company shall promptly give written notice thereof to the Warrantholder at the address appearing in the records of the Company, stating the adjusted Warrant Price and the adjusted number of Warrant Shares resulting from such event and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Failure to give such notice to the Warrantholder or any defect therein shall not affect the legality or validity of the subject adjustment.

     Section 13. Identity of Transfer Agent. The Transfer Agent for the Common Stock is American Stock Transfer & Trust Company. Upon the appointment of any subsequent transfer agent for the Common Stock or other shares of the Company’s capital stock issuable upon the exercise of the rights of purchase represented by the Warrant, the Company will mail to the Warrantholder a statement setting forth the name and address of such transfer agent.

     Section 14. Notices. Unless otherwise provided, any notice required or permitted under this Warrant shall be given in writing and shall be deemed effectively given as hereinafter described (i) if given by personal delivery, then such notice shall be deemed given upon such delivery, (ii) if given by telex or facsimile, then such notice shall be deemed given upon receipt of confirmation of complete transmittal, (iii) if given by mail, then such notice shall be deemed given upon the earlier of (A) receipt of such notice by the recipient or (B) three days after such notice is deposited in first class mail, postage prepaid, and (iv) if given by an internationally recognized overnight air courier, then such notice shall be deemed given one business day after delivery to such carrier. All notices shall be addressed as follows: if to the Warrantholder, at its address as set forth in the
Company’s books and records and, if to the Company, at the address as follows, or at such other address as the Warrantholder or the Company may designate by ten days’ advance written notice to the other:

		If to the Company: 
	 	 
	 	                   Unify Corporation 
		                   201 Arena Blvd., Suite 100
		                   Sacramento, CA 95834 
		                   Attention: Pete DiCorti 
		                   Fax: (916) 928-6408 
		 
		With a copy to: 
		 
		                   Gray Cary Ware & Freidenrich LLP 
		                   400 Capitol Mall, Suite 2400
		                   Sacramento, CA 95814 
		                   Attention: Kevin A. Coyle, Esq. 
		                   Fax: (916) 930-3201 

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     Section 15. Registration Rights. The initial Warrantholder is entitled to the benefit of certain registration rights with respect to the shares of Common Stock issuable upon the exercise of this Warrant as provided in the Registration Rights Agreement, and any subsequent Warrantholder may be entitled to such rights.

     Section 16. Successors. All the covenants and provisions hereof by or for the benefit of the Warrantholder shall bind and inure to the benefit of its respective successors and assigns hereunder.

     Section 17. Governing Law; Consent to Jurisdiction; Waiver of Jury Trial. This Warrant shall be governed by, and construed in accordance with, the internal laws of the State of New York, without reference to the choice of law provisions thereof. The Company and, by accepting this Warrant, the Warrantholder, each irrevocably submits to the exclusive jurisdiction of the courts of the State of New York located in New York County and the United States District Court for the Southern District of New York for the purpose of any suit, action, proceeding or judgment relating to or arising out of this Warrant and the transactions contemplated hereby. Service of process in connection with any such suit, action or proceeding may be served on each party hereto anywhere in the world by the same methods as are specified for the giving of notices under this Warrant. The Company and,
by accepting this Warrant, the Warrantholder, each irrevocably consents to the jurisdiction of any such court in any such suit, action or proceeding and to the laying of venue in such court. The Company and, by accepting this Warrant, the Warrantholder, each irrevocably waives any objection to the laying of venue of any such suit, action or proceeding brought in such courts and irrevocably waives any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. EACH OF THE COMPANY AND, BY ITS ACCEPTANCE HEREOF, THE WARRANTHOLDER HEREBY WAIVES ANY RIGHT TO REQUEST A TRIAL BY JURY IN ANY LITIGATION WITH RESPECT TO THIS WARRANT AND REPRESENTS THAT COUNSEL HAS BEEN CONSULTED SPECIFICALLY AS TO THIS WAIVER.

     Section 18. Call Provision. Notwithstanding any other provision contained herein to the contrary, in the event that the closing bid price of a share of Common Stock as reported by such exchange, stock market or over-the-counter quotation system on which the Common Stock may then be listed or by such reporting service on which such quotations may be published, equals or exceeds $1.80 (appropriately adjusted for any stock split, reverse stock split, stock dividend or other reclassification or combination of the Common Stock occurring after the date hereof) for twenty (20) consecutive trading days commencing after the Registration Statement (as defined in the Registration Rights Agreement) has been declared effective (the “Call Conditions”), the Company, upon twenty (20) days’ prior written
notice (the “Notice Period”) given to the Warrantholder within one business day immediately following the end of such twenty (20) trading day period, may call this Warrant for 25% of the shares of Common Stock initially purchasable pursuant hereto (appropriately adjusted for any stock split, reverse stock split, stock dividend or other reclassification or combination of the Common Stock occurring after the date hereof), at a redemption price equal to $0.01 per share of Common Stock then purchasable pursuant to this Warrant; provided that (i) the Company simultaneously calls all Company Warrants (as defined below) on the same terms and on a pro rata basis and (ii) all of the shares of Common Stock issuable hereunder either (A) are registered pursuant to an effective Registration Statement (as defined in the Registration Rights Agreement) which has not been suspended and for which no stop order is in effect, and pursuant to which the Warrantholder is able to sell
such shares of Common Stock at all times during the Notice Period or (B) no longer constitute Registrable Securities (as defined in the Registration Rights Agreement).

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On each such occasion, if any, that the Call Conditions are once again met during the thirty (30) day period immediately after consummation of a previous call, the Company may once again call this Warrant for an additional increment of 25% of the shares of Common Stock initially purchasable pursuant to this Warrant (appropriately adjusted for any stock split, reverse stock split, stock dividend or other reclassification or combination of the Common Stock occurring after the date hereof), or such lesser number as shall then remain purchasable hereunder, and in the same manner and subject to the same notice requirements as the initial call, until all of the shares purchasable hereunder have been called; provided that (i) the Company simultaneously calls all Company Warrants (as defined below) on the same terms and on a pro rata basis and (ii) all of the shares of Common Stock issuable hereunder either (A) are registered pursuant to an effective
Registration Statement (as defined in the Registration Rights Agreement) which has not been suspended and for which no stop order is in effect, and pursuant to which the Warrantholder is able to sell such shares of Common Stock at all times during the Notice Period or (B) no longer constitute Registrable Securities (as defined in the Registration Rights Agreement). Notwithstanding any notice by the Company, the Warrantholder shall have the right to exercise this Warrant prior to the end of any Notice Period.

     Section 19. No Rights as Stockholder. The Warrantholder shall not have or exercise any rights as a stockholder of the Company solely by virtue of its ownership of this Warrant.

     Section 20. Amendment; Waiver. This Warrant is one of a series of Warrants of like tenor issued by the Company pursuant to the Purchase Agreement and initially covering an aggregate of 2,253,560 shares of Common Stock (collectively, the “Company Warrants”). Any term of this Warrant may be amended or waived (including the adjustment provisions included in Section 8 of this Warrant) upon the written consent of the Company and the holders of Company Warrants representing at least 50% of the number of shares of Common Stock then subject to all outstanding Company Warrants (the “Majority Holders”); provided, that (x) any such amendment or waiver must apply to all Company Warrants; and (y) the number of Warrant Shares subject to this Warrant, the Warrant Price
and the Expiration Date may not be amended, and the right to exercise this Warrant may not be altered or waived, without the written consent of the Warrantholder.

     Section 21. Section Headings. The section headings in this Warrant are for the convenience of the Company and the Warrantholder and in no way alter, modify, amend, limit or restrict the provisions hereof.

[signature page follows]

57

     IN WITNESS WHEREOF, the Company has caused this Warrant to be duly executed, as of the ______day of ___________, 2004.

		UNIFY CORPORATION 
		 
		 
		By:___________________________ 
		Name: 
		Title: 

58

APPENDIX A
UNIFY CORPORATION
WARRANT EXERCISE FORM

To Unify Corporation:

     The undersigned hereby irrevocably elects to exercise the right of purchase represented by the within Warrant (“Warrant”) for, and to purchase thereunder by the payment of the Warrant Price and surrender of the Warrant, ____________ shares of Common Stock (“Warrant Shares”) provided for therein, and requests that certificates for the Warrant Shares be issued as follows:

	                    	 
	 	Name 
		 
		Address 
		 
		Federal Tax ID or Social Security No. 

	     	and delivered by 	(certified mail to the above address, or 
	 	   	(electronically (provide DWAC Instructions:_________________), 
	or 	 	(other (specify):  ________________________________________). 

and, if the number of Warrant Shares shall not be all the Warrant Shares purchasable upon exercise of the Warrant, that a new Warrant for the balance of the Warrant Shares purchasable upon exercise of this Warrant be registered in the name of the undersigned Warrantholder or the undersigned’s Assignee as below indicated and delivered to the address stated below.

	Dated: ________________, _____		 
	    
	Note: The signature must correspond with  the name of the Warrant holder as written on the first page of the Warrant in every particular, without alteration or enlargement or any change whatever, unless the Warrant has been assigned.
		Signature: 	 	 
	 	     
	 Name (please print) 
	     
	     
	Address 
	    
	Federal Identification or 
	Social Security No. 
	 
	 		Assignee:f8k071807ex4ix_redmile.htm

    Exhibit
      4.9

     

    THE
      WARRANTS REPRESENTED BY THIS CERTIFICATE WILL BE VOID AND OF NO VALUE AS AT
      THE
      DATE THE CORPORATION COMPLETES A LIQUIDITY TRANSACTION (AS DEFINED IN THE
      INDENTURE), OR, IF NO SUCH LIQUIDITY TRANSACTION IS COMPLETED WITHIN 8 MONTHS
      OF
      THE ISSUE DATE (AS DEFINED IN THE INDENTURE), UNLESS EXERCISED BY 4:00 P.M.
      (MOUNTAIN STANDARD TIME) ON THE DATE THAT IS 18 MONTHS FROM THE ISSUE
      DATE.

     

    UNLESS
      PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT
      TRADE THE SECURITY BEFORE THE DATE THAT IS FOUR (4) MONTHS AND A DAY AFTER
      THE
      LATER OF JULY 18, 2007 AND THE DATE THE CORPORATION BECAME A REPORTING ISSUER
      IN
      ANY PROVINCE OR TERRITORY OF CANADA.

     

    THE
      SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES
      SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT") OR STATE SECURITIES
      LAWS. THE HOLDER HEREOF, BY PURCHASING SUCH SECURITIES, AGREES FOR THE BENEFIT
      OF RED MILE ENTERTAINMENT, INC. THAT SUCH SECURITIES MAY BE OFFERED, SOLD OR
      OTHERWISE TRANSFERRED ONLY (A) TO RED MILE ENTERTAINMENT, INC., (B) OUTSIDE
      THE
      UNITED STATES IN ACCORDANCE WITH RULE 904 OF REGULATION S UNDER THE SECURITIES
      ACT, (C) INSIDE THE UNITED STATES IN ACCORDANCE WITH RULE 144A UNDER THE
      SECURITIES ACT, OR (D) INSIDE THE UNITED STATES, PURSUANT TO AN EXEMPTION FROM
      REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS
      AFTER
      PROVIDING A LEGAL OPINION REASONABLY SATISFACTORY TO RED MILE ENTERTAINMENT,
      INC.

     

    THIS
      WARRANT AND THE SECURITIES TO BE ISSUED UPON THE EXERCISE THEREOF HAVE NOT
      BEEN
      REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933 AS AMENDED (THE “1933
      SECURITIES ACT”) OR ANY STATE SECURITIES LAWS AND THE WARRANTS MAY NOT BE
      EXERCISED IN THE UNITED STATES OR BY OR FOR THE ACCOUNT OR BENEFIT OF A PERSON
      IN THE UNITED STATES OR A U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE
      1933
      SECURITIES ACT) WITHOUT REGISTRATION OF SUCH SECURITIES UNDER ALL APPLICABLE
      UNITED STATES FEDERAL AND STATE SECURITIES LAWS OR COMPLIANCE WITH AN APPLICABLE
      EXEMPTION THEREFROM AND THE CORPORATION SHALL HAVE RECEIVED AN OPINION OF
      COUNSEL TO SUCH EFFECT SATISFACTORY TO IT.

     

    FORM
      OF WARRANT CERTIFICATE

     

    RED
      MILE ENTERTAINMENT, INC.

    (Incorporated
      under the laws of Delaware)

     

    
      	
              WARRANT

              CERTIFICATE
                NO. ________

            	 	
               

              _____________
                WARRANTS

              entitling
                the holder to acquire, subject to adjustment, one Common Share for
                each
                whole Warrant represented hereby

            

    

     

    THIS
      IS
      TO CERTIFY THAT ____________________

     

    (hereinafter
      referred to as the "holder") is entitled to acquire, in the
      manner and subject to the restrictions and adjustments set forth herein, one
      fully paid and non-assessable common share ("Common Share")
      without nominal or par value of Red Mile Entertainment, Inc. (the
      "Corporation"), as such shares were constituted on July 18,
      2007, for no additional consideration to that already received by the
      Corporation, at any time and from time to time following the Vesting Date (as
      defined in the Warrant Indenture (the "Indenture") made as of
      July 18, 2007 between the Corporation and Olympia Trust Company) and until
      4:00
      p.m. (Mountain Standard Time) on the date that is 18 months from the Issue
      Date,
      as that term is defined in the Indenture, (the "Expiry
      Time").

     

    The
      right
      to acquire Common Shares may be exercised by the holder within the time set
      forth above by:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (a)  

            	
              duly
                completing and executing the Exercise Form attached hereto;
                and

            

    

     

    
      	
              (b)  

            	
              surrendering
                this Warrant Certificate and the Exercise Form to Olympia Trust Company
                (the "Trustee") at the principal office of the Trustee in
                the city of Calgary, Alberta.

            

    

     

    These
      Warrants shall be deemed to be surrendered only upon personal delivery hereof
      or, if sent by mail or other means of transmission, upon actual receipt thereof
      by the Trustee at the office referred to above.

     

    Upon
      surrender of these Warrants, the person or persons in whose name or names the
      Common Shares issuable upon exercise of the Warrants are to be issued shall
      be
      deemed for all purposes (except as provided in the Indenture hereinafter
      referred to) to be the holder or holders of record of such Common Shares and
      the
      Corporation has covenanted that it will (subject to the provisions of the
      Indenture) cause a certificate or certificates representing such Common Shares
      to be delivered or mailed to the person or persons at the address or addresses
      specified in the Exercise Form within five Business Days of the receipt of
      this
      Warrant Certificate, and the Exercise Form duly completed.

     

    No
      fractional Common Share will be issued upon exercise of any Warrants and the
      Corporation shall not make any payment to the holder in respect thereof,
      provided that all such fractional interests the holder would otherwise be
      entitled to if not for the foregoing shall be aggregated and, if as a result
      of
      such aggregation the holder would be entitled to one or more whole Common
      Shares, the Corporation shall cause such shares to be issued to the
      holder.

     

    The
      Common Shares issuable upon the exercise hereof have not been registered under
      the U.S. Securities Act and these Warrants may not be exercised within the
      United States or by or on behalf of any person in the United States, nor will
      certificates representing Common Shares be delivered in the United States unless
      the Common Shares are registered under the U.S. Securities Act and the
      securities laws of all applicable states of the United States or any exemption
      from such registration requirements is available.  Any person who
      exercises Warrants shall provide to the Trustee either:

     

    
      	
              (i)  

            	
              written
                certification that it was not offered and did not acquire the Warrants
                in
                the United States, such Warrant is not being exercised within the
                United
                States or on behalf of, or for the account or benefit of, a person
                in the
                United States; or

            

    

     

    
      	
              (ii)  

            	
              written
                certification that (i) it was the original purchaser in the Corporation's
                private placement of the Units pursuant to which the Warrant was
                issued,
                (ii) it acquired the Units for its own account for investment purposes
                only, and (iii) except for the fact that the Warrants are being exercised
                by the undersigned in the United States, if applicable, the
                representations and warranties made to the Corporation in connection
                with
                the acquisition of the Units remains true and correct on the date
                of such
                exercise; or

            

    

     

    
      	
              (iii)  

            	
              a
                written opinion of counsel or other evidence satisfactory to the
                Corporation, acting reasonably, to the effect that the issuance of
                the
                Common Shares and Warrants have been registered under the U.S. Securities
                Act and applicable state securities laws or is exempt from registration
                thereunder.

            

    

     

    The
      Warrants represented by this certificate are issued under and pursuant to the
      Indenture.  Reference is made to the Indenture and any
      instruments supplemental thereto for a full description of the rights of the
      holders of the Warrants and the terms and conditions upon which the Warrants
      are, or are to be, issued and held, with the same effect as if the provisions
      of
      the Indenture and all instruments supplemental thereto were herein set
      forth.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    By
      acceptance hereof, the holder assents to all provisions of the
      Indenture.  In the event of a conflict between the provisions of this
      Warrant Certificate and the Indenture, the provisions of the Indenture shall
      govern.  Capitalized terms used in the Indenture have the meaning
      herein as therein, unless otherwise defined.

     

    The
      Indenture provides that on subdivision, consolidation or reclassification of
      the
      Common Shares, the number of Common Shares issuable on the exercise of the
      Warrants will be adjusted proportionately, and that in the event of any
      reclassification or change of the Common Shares or consolidation, amalgamation
      or merger of the Corporation or any transfer of its undertaking or assets as
      an
      entirety or substantially as an entirety, a holder shall be entitled to receive
      the kind and amount of shares and other securities or property which he would
      have been entitled to receive as a result of such event if, on the effective
      date thereof, he had been the registered owner of the number of Common Shares
      to
      which he was theretofore entitled upon exercise.

     

    The
      registered holder of this Warrant Certificate may, at any time following the
      Vesting Date and prior to the Expiry Time, upon surrender hereof to the Trustee
      at its principal office in the city of Calgary, Alberta, exchange this Warrant
      Certificate for other Warrant Certificates entitling the holder to acquire,
      in
      the aggregate, the same number of Common Shares as may be acquired under this
      Warrant Certificate.

     

    The
      holding of the Warrants evidenced by this Warrant Certificate shall not
      constitute the holder hereof a shareholder of the Corporation or entitle the
      holder to any right or interest in respect thereof except as expressly provided
      in the Indenture and in this Warrant Certificate.

     

    The
      Indenture provides that all holders of Warrants shall be bound by any resolution
      passed at a meeting of the holders held in accordance with the provisions of
      the
      Indenture and resolutions signed by the holders of Warrants entitled to acquire
      a specified majority of the Common Shares which may be acquired pursuant to
      all
      then outstanding Warrants.

     

    The
      Warrants evidenced by this Warrant Certificate may only be transferred in
      connection with the transfer of the Common Shares which, together with the
      Warrants evidenced by this Warrant Certificate, constitute Units, as defined
      in
      the Indenture. In addition, the Warrants evidenced by this Warrant Certificate
      may only be transferred on the register kept at the offices of the Trustee
      by
      the registered holder hereof or its legal representatives or its attorney duly
      appointed by an instrument in writing in form and execution satisfactory to
      the
      Trustee, upon compliance with the conditions prescribed in the Indenture and
      upon compliance with such reasonable requirements as the Trustee may
      prescribe.

     

    

     

    THE
      REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    This
      Warrant Certificate shall not be valid for any purpose whatever unless and
      until
      it has been certified by or on behalf of the Trustee.

     

    Time
      shall be of the essence hereof.

     

    IN
      WITNESS WHEREOF the Corporation has caused this Warrant Certificate to be signed
      by its duly authorized officer as of __________,
      2007.

     

    RED
      MILE ENTERTAINMENT, INC.

     

    Per:    _________________________                                                                  

     

    Certified
      by:

     

    OLYMPIA
      TRUST COMPANY

     

    By:    ______________________________     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXERCISE
      FORM

     

    TO:           Red
      Mile Entertainment, Inc.

    Olympia
      Trust Company

     

    The
      undersigned hereby exercises the right to acquire Common Shares of Red Mile
      Entertainment, Inc. (the "Corporation") as constituted on July
      18, 2007 (or such number of other securities or property to which such Warrants
      entitle the undersigned in lieu thereof or in addition thereto under the
      provisions of the Indenture referred to in the accompanying Warrant Certificate)
      in accordance with and subject to the provisions of such Indenture.

     

    The
      Common Shares (or other securities or property) are to be issued as
      follows:

     

    Name:
      

    

               (print
      clearly)

     

    Address
      in full:  

    
      

    

     

    
      
        

      

     

    Number
      of
      Common Shares:  

     
      
        

      

    

     

    Note:  If
      further nominees intended, please attach (and initial) schedule giving these
      particulars.

     

    No
      certificates will be registered or delivered to an address in the United States
      unless Box B below is checked.

     

    The
      undersigned certifies that each of the representations and warranties made
      by
      the undersigned to the Corporation is connection with the undersigned's
      acquisition of the Warrants remains true and correct and correct on the date
      hereof.

     

    The
      undersigned represents that: [check one only]

     

    
      	
               

            	
               ̈

            	
              A

            	
              it
                is not in the United States as defined in Rule 902 of Regulation
                S under
                the United States Securities Act of 1933, as amended (the "1933
                Act"), was not offered and did not acquire the Warrants in
                the
                United States, and is not exercising the Warrant for the account
                or
                benefit of a person in the United
                States.

            

    

     

    
      	
               

            	
               ̈

            	
              B

            	
              (i)
                it was the original purchaser in the Corporation’s private placement of
                the Units pursuant to which the Warrant was issued, (ii) it acquired
                the
                Units for its own account for investment purposes only, and (iii)
                except
                for the fact that the Warrants are being exercised by the undersigned
                in
                the United States, if applicable, the representations and warranties
                made
                to the Corporation in connection with the acquisition of the Units
                remain
                true and correct on the date of this Exercise
                Form.

            

    

     

    
      	
               

            	
               ̈

            	
              C

            	
              enclosed
                herewith is an opinion of counsel to the effect that an exemption
                from
                registration under the 1933 Act and applicable state securities laws
                is
                available in connection with the exercise of the Warrants.  The
                undersigned understands such opinion must be reasonably acceptable
                to the
                Corporation, and that the exercise of the Warrants in the United
                States or
                by or for the account or benefit of a person in the United States
                is
                limited by the terms of the Warrants and the Warrant
                Indenture.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Certificates
      representing Warrants issued to a subscriber who does not check Box A will
      bear
      legends restricting transfer as set forth in the Warrant Indenture.

     

    DATED
      this ____ day of __________, ________.

     

    

    _____________________________                  ________________________

    Signature
      Guaranteed                                                                                     (Signature
      of Warrantholder)

     

                                                     ________________________

            Print
      full
      name

                                                      ________________________

     

             ________________________

            Print
      full
      address

    Instructions:

     

    
      	
              1.  

            	
              The
                registered holder may exercise its right to receive Common Shares
                by
                completing this form and surrendering this form and the Warrant
                Certificate representing the Warrants being exercised to Olympia
                Trust
                Company at its principal office at Suite 2300, 125 - 9th Avenue SE,
                Calgary, Alberta, T2G 0P6.  Certificates for Common Shares will
                be delivered or mailed within five (5) business days after the exercise
                of
                the Warrants.

            

    

     

    
      	
              2.  

            	
              If
                the Exercise Form indicates that Common Shares are to be issued to
                a
                person or persons other than the registered holder of the Certificate,
                the
                signature of such holder on the Exercise Form must be guaranteed
                by an
                authorized officer of a Canadian chartered bank, Canadian trust company
                or
                member of an acceptable Medallion Guarantee Program.  The
                guarantor must affix a stamp bearing the actual words "Signature
                Guaranteed".  Please note signature guarantees are not accepted
                from Treasury Branches or Credit Unions unless they are members of
                the
                Stamp Medallion Program.  Please note that in the United States,
                signature guarantees must be done by members of the Medallion Signature
                Guarantee Program only.

            

    

     

    
      	
              3.  

            	
              If
                the Exercise Form is signed by a trustee, executor, administrator,
                curator, guardian, attorney, officer of a corporation or any person
                acting
                in a fiduciary or representative capacity, the certificate must be
                accompanied by evidence of authority to sign satisfactory to the
                Trustee
                and the Corporation.

            

    

     

    
      	
              4.  

            	
              If
                the registered holder exercises its right to receive Common Shares
                prior
                to the expiry of the "restricted period", the Common Shares will
                be
                subject to a restricted period and may be issued with a legend reflecting
                such restricted period.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    TRANSFER
      OF WARRANTS

     

    FOR
      VALUE
      RECEIVED, the undersigned hereby sells, assigns and transfers to
      ___________________________________ [name of Transferee], _________________
      [number of Warrants] Warrants of Red Mile Entertainment, Inc. (the
      "Corporation") registered in the name of the undersigned on the records of
      Olympia Trust Company represented by the Warrant Certificate attached and
      irrevocably appoints Olympia Trust Company the attorney of the undersigned
      to
      transfer the said securities on the books or register with full power of
      substitution.  The undersigned further represents and warrants that
      the Warrants to be transferred by this instrument are being transferred
      concurrently with common shares of the Corporation, originally acquired by
      private placement from the Corporation on  the date of the issuance of
      the Warrants, with each such common share and 0.2 of a Warrant constituting
      a
      "Unit".

     

    DATED
      the
      _____ day of __________, ______.

     

    

     

    

    ____________________________                __________________________________

    Signature
      Guaranteed                                                                           (Signature
      of Warrantholder)

     

    Instructions:

     

    
      	
              1.  

            	
              Signature
                of the Warrantholder must be the signature of the person appearing
                on the
                face of this Warrant Certificate.

            

    

     

    
      	
              2.  

            	
              If
                the Transfer Form is signed by a trustee, executor, administrator,
                curator, guardian, attorney, officer of a corporation or any person
                acting
                in a fiduciary or representative capacity, the certificate must be
                accompanied by evidence of authority to sign satisfactory to the
                Trustee
                and the Corporation.

            

    

     

    
      	
              3.  

            	
              The
                signature on the Transfer Form must be guaranteed by an authorized
                officer
                of a Canadian chartered bank, Canadian trust company, or member of
                an
                acceptable Medallion Guarantee Program.  The guarantor must
                affix a stamp bearing the actual words "Signature
                Guaranteed".  Please note signature guarantees are not accepted
                from Treasury Branches or Credit Unions unless they are members of
                the
                Stamp Medallion Program.  Please note that in the United States,
                signature guarantees must be done by members of the Medallion Signature
                Guarantee Program only.

            

    

     

    
      	
               

            	
              Warrants
                shall only be transferable in accordance with applicable securities
                and
                other laws and together with such number of common shares as to constitute
                a transfer of Units.

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