Document:

Registration Rights Agreement

 Exhibit 10.2 
  
 EXHIBIT D 
 to Subscription Agreement 
  
 REGISTRATION RIGHTS AGREEMENT 
  
 AGREEMENT dated as of May 20, 2005, between M.A.G. Capital, LLC, Mercator Momentum Fund, LP, Mercator Momentum Fund III, LP and Monarch Pointe Fund, Ltd. (collectively, the “Funds”) and M.A.G. Capital, LLC
(“MAG”) (the Funds and MAG are referred to individually as a “Holder” and collectively as the “Holders”), and Global ePoint, Inc., a Nevada corporation (the “Company”). 
  
 WHEREAS, the Funds have purchased, for an aggregate of $1,500,000, an
aggregate of 15,000 shares of Series B Convertible Preferred Stock (the “Series B Stock”) from the Company, and have the right to cause their Series B Stock to be converted into shares of Common Stock, $.03 par value (the
“Common Stock”), of the Company, pursuant to the conversion formula set forth in the Certificate of Determination; 
  
 WHEREAS, each Fund and MAG have acquired Warrants (together, the “Warrants”) from the Company, pursuant to which the Holders have
the right to purchase in the aggregate up to 267,857 shares of the Common Stock through the exercise of the Warrants; 
  
 WHEREAS, the Company desires to grant to the Holders the registration rights set forth herein with respect to the shares of Common Stock issuable
upon the conversion of the Series B Stock and the exercise of the Warrants. 
  
 NOW, THEREFORE, the parties hereto mutually agree as follows: 
  
 1. Registrable Securities. As used herein the terms “Registrable Security” means each of the shares of Common Stock (i)
issued upon the conversion of the Series B Stock (the “Conversion Shares”) or (ii) upon exercise of the Warrants (the “Warrant Shares”), provided, however, that with respect to any particular Registrable Security,
such security shall cease to be a Registrable Security when, as of the date of determination that (a) it has been effectively registered under the Securities Act of 1933, as amended (the “Securities Act”), and disposed of pursuant
thereto, or (b) registration under the Securities Act is no longer required for the immediate public distribution of such security. The term “Registrable Securities” means any and/or all of the securities falling within the
foregoing definition of a “Registrable Security.” In the event of any merger, reorganization, consolidation, recapitalization or other change in corporate structure affecting the Common Stock, such adjustment shall be made in the
definition of “Registrable Security” as is appropriate in order to prevent any dilution or enlargement of the rights granted pursuant to this Section 1. 
  
 2. Registration. 
  
 (a) The Company shall file a registration statement (the “Registration Statement”) with the Securities and Exchange
Commission (the “SEC”) within forty-five (45) days after the date of this Agreement in order to register the resale of the Registrable Securities under the Securities Act (the “Filing Due Date”); provided, however, in the
event that the Company enters into an agreement to acquire another business (“Target”) within the first two 

  

 
weeks following the date of this Agreement and is unable to obtain audited financial statements from the Target for inclusion in the Registration Statement
on or before 40 days after the date of this Agreement, then the Filing Due Date shall be 75 days after the date of this Agreement. Once effective, the Company shall maintain the effectiveness of the Registration Statement until the earlier of (i)
the date that all of the Registrable Securities have been sold, or (ii) the date that the Company receives an opinion of counsel to the Company that all of the Registrable Securities may be freely traded without registration under the Securities
Act, under Rule 144 promulgated under the Securities Act or otherwise. The Holders will cooperate with the Company and its counsel in connection with any such determination by providing current information, at the request of the Company, concerning
the Holders’ beneficial ownership of securities of the Company. 
  
 (b) The Company will initially include in the Registration Statement as Registrable Securities Eight Hundred Three Thousand Five Hundred Seventy-One (803,571) shares of Common Stock. 
  
 3. Covenants of the Company with Respect to Registration.

  
 The Company covenants and agrees as follows:

  
 (a) The Company shall use best efforts to
cause the Registration Statement to become effective with the SEC as promptly as possible and in no event more than 90 days after filing the Registration Statement with the SEC (the “Effectiveness Due Date”); provided, however, in the
event that the Company is unable to obtain audited financial statements from a Target for inclusion in the Registration Statement on or before 40 days after the date of this Agreement, the Effective Due Date shall be 100 days after the Registration
Statement is filed with the SEC. If any stop order shall be issued by the SEC in connection therewith, the Company shall use best efforts to obtain promptly the removal of such order. Following the effective date of the Registration Statement, the
Company shall supply one unbound of copy the definitive prospectus meeting the requirements of the Securities Act, and any supplements or amendments thereto, as shall be reasonably required by the Holder to permit the Holder to make a public
distribution of the Holder’s Registrable Securities. The obligations of the Company hereunder with respect to the Holder’s Registrable Securities are subject to the Holder’s furnishing to the Company such appropriate information
concerning the Holder, the Holder’s Registrable Securities and the terms of the Holder’s offering of such Registrable Securities as the Company may reasonably request in writing. 
  
 (b) The Company shall pay all costs, fees and expenses in
connection with the Registration Statement filed pursuant to Section 2 hereof including, without limitation, the Company’s legal and accounting fees, printing expenses, and blue sky fees and expenses; provided, however, that each Holder shall
be solely responsible for the fees of any counsel retained by the Holder in connection with such registration and any transfer taxes or underwriting discounts, commissions or fees applicable to the Registrable Securities sold by the Holder pursuant
thereto. 
  
 (c) The Company will take all
actions which may be required to qualify or register the Registrable Securities included in the Registration Statement for the offer and sale 

  

 -2- 

 
under the securities or blue sky laws of such states as are reasonably requested by each Holder of such securities, provided that the Company shall not be
obligated to execute or file any general consent to service of process or to qualify as a foreign corporation to do business under the laws of any such jurisdiction. 
  
 4. Additional Terms. 
  

(a) The Company shall indemnify and hold harmless the Holders and each underwriter, within the meaning of the Securities Act, who may
purchase from or sell for any Holder, any Registrable Securities, from and against any and all losses, claims, damages and liabilities caused by any untrue statement of a material fact contained in the Registration Statement, any other registration
statement filed by the Company under the Securities Act with respect to the registration of the Registrable Securities, any post-effective amendment to such registration statements, or any prospectus included therein or caused by any omission to
state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, except insofar as such losses, claims, damages or liabilities are caused by any such untrue statement or omission based upon
information furnished or required to be furnished in writing to the Company by the Holders or underwriter expressly for use therein, which indemnification shall include each person, if any, who controls any Holder or underwriter within the meaning
of the Securities Act and each officer, director, employee and agent of each Holder and underwriter; provided, however, that the indemnification in this Section 4(a) with respect to any prospectus shall not inure to the benefit of any Holder or
underwriter (or to the benefit of any person controlling any Holder or underwriter) on account of any such loss, claim, damage or liability arising from the sale of Registrable Securities by the Holder or underwriter, if a copy of a subsequent
prospectus correcting the untrue statement or omission in such earlier prospectus was provided to such Holder or underwriter by the Company prior to the subject sale and the subsequent prospectus was not delivered or sent by the Holder or
underwriter to the purchaser prior to such sale and provided further, that the Company shall not be obligated to so indemnify any Holder or any such underwriter or other person referred to above unless the Holder or underwriter or other person, as
the case may be, shall at the same time indemnify the Company, its directors, each officer signing the Registration Statement and each person, if any, who controls the Company within the meaning of the Securities Act, from and against any and all
losses, claims, damages and liabilities caused by any untrue statement of a material fact contained in the Registration Statement, any registration statement or any prospectus required to be filed or furnished by reason of this Agreement or caused
by any omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, insofar as such losses, claims, damages or liabilities are caused by any untrue statement or omission based
upon information furnished in writing to the Company by the Holder or underwriter expressly for use therein. 
  
 (b) If for any reason the indemnification provided for in the preceding section is held by a court of competent jurisdiction to be
unavailable to an indemnified party with respect to any loss, claim, damage, liability or expense referred to therein, then the indemnifying party, in lieu of indemnifying such indemnified party thereunder, shall contribute to the amount paid or
payable by the indemnified party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect the relative fault of the indemnified party and the indemnifying party, as well as any other relevant equitable
considerations. 
  

 -3- 

 (c) Neither the filing of a Registration Statement by the Company pursuant to this
Agreement nor the making of any request for prospectuses by the Holder shall impose upon any Holder any obligation to sell the Holder’s Registrable Securities. 
  
 (d) Each Holder, upon receipt of notice from the Company that an event has occurred which requires a
Post-Effective Amendment to the Registration Statement or a supplement to the prospectus included therein, shall promptly discontinue the sale of Registrable Securities until the Holder receives a copy of a supplemented or amended prospectus from
the Company, which the Company shall provide as soon as practicable after such notice. 
  
 (e) If the Company fails to keep the Registration Statement referred to above continuously effective during the requisite period, then the
Company shall, promptly upon the request of any Holder, use best efforts to update the Registration Statement or file a new registration statement covering the Registrable Securities remaining unsold, subject to the terms and provisions hereof.

  
 (f) Each Holder agrees to provide the Company
with any information or undertakings reasonably requested by the Company in order for the Company to include any appropriate information concerning the Holder in the Registration Statement or in order to promote compliance by the Company or the
Holder with the Securities Act. 
  
 (g) Each
Holder, on behalf of itself and its affiliates, hereby covenants and agrees not to, directly or indirectly, offer to “short sell”, contract to “short sell” or otherwise “short sell” any securities of the Company,
including, without limitation, shares of Common Stock that will be received as a result of the conversion of the Series B Stock or the exercise of the Warrants. 
  

5. Governing Law. The Registrable Securities will be, if and when issued, delivered in California. This Agreement shall be deemed to have
been made and delivered in the State of California and shall be governed as to validity, interpretation, construction, effect and in all other respects by the internal substantive laws of the State of California, without giving effect to the choice
of law rules thereof. 
  
 6. Amendment. This
Agreement may only be amended by a written instrument executed by the Company and the Holders. 
  
 7. Entire Agreement. This Agreement constitutes the entire agreement of the parties hereto with respect to the subject matter hereof, and supersedes all prior agreements and understandings of the
parties, oral and written, with respect to the subject matter hereof. 
  
 8. Execution in Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same document. 
  
 9. Notices. All communications hereunder shall be in writing
and shall be hand delivered, mailed by first-class mail, couriered by next-day air courier or by facsimile at the addresses set forth below. 
  

 -4- 

 If to MAG or 
  

			
	Robinson Reed, Inc.:	  	 M.A.G. Capital, LLC
 Mercator Momentum Fund,
LP
 Mercator Momentum Fund III, LP
 Monarch Pointe Fund,
Ltd.
 555 South Flower Street, Suite 4200
 Los Angeles, CA
90071
 Attention: David Firestone
 Facsimile No.: (213)
533-8285

		
	With a copy to:	  	 Sheppard Mullin Richter & Hampton LLP
 333 South
Hope Street
 48th
Floor
 Los Angeles, CA 90071-1448
 Attention: David C.
Ulich
 Telephone No.: (213) 620-1780
 Facsimile No.: (213)
620-1398

		
	If to the Company:	  	 Global ePoint, Inc.
 339 South Cheryl Lane

City of Industry, CA 91789
 Attention: Toresa Lou, Chief Executive
Officer
 Telephone No.: (909) 869-1688
 Facsimile No.: (909)
598-2936

		
	With a copy to:	  	 Preston, Gates & Ellis LLP
 1900 Main Street,
Suite 600
 Irvine, CA 92614-7319
 Attention: Daniel K.
Donahue
 Telephone No.: (949) 253-0900
 Facsimile No.: (949)
253-0902

  
 All such notices and communications
shall be deemed to have been duly given: (i) when delivered by hand, if personally delivered; (ii) five business days after being deposited in the mail, postage prepaid, if mailed certified mail, return receipt requested; (iii) one business day
after being timely delivered to a next-day air courier guaranteeing overnight delivery; (iv) the date of transmission if sent via facsimile to the facsimile number as set forth in this Section or the signature page hereof prior to 3:00 p.m. on a
business day, or (v) the business day following the date of transmission if sent via facsimile at a facsimile number set forth in this Section or on the signature page hereof after 3:00 p.m. or on a date that is not a business day. Change of a
party’s address or facsimile number may be designated hereunder by giving notice to all of the other parties hereto in accordance with this Section. 
  

 -5- 

 10. Binding Effect; Benefits. Any Holder may assign its rights hereunder. This Agreement
shall inure to the benefit of, and be binding upon, the parties hereto and their respective heirs, legal representatives, successors and assigns. Nothing herein contained, express or implied, is intended to confer upon any person other than the
parties hereto and their respective heirs, legal representatives and successors, any rights or remedies under or by reason of this Agreement. 
  
 11. Headings. The headings contained herein are for the sole purpose of convenience of reference, and shall not in any way limit or affect
the meaning or interpretation of any of the terms or provisions of this Agreement. 
  
 12. Severability. Any provision of this Agreement which is held by a court of competent jurisdiction to be prohibited or unenforceable in any jurisdiction(s) shall be, as to such jurisdiction(s),
ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction. 
  
 13. Jurisdiction. Each of the parties irrevocably agrees that
any and all suits or proceedings based on or arising under this Agreement may be brought only in and shall be resolved in the federal or state courts located in the City of Los Angeles, California and consents to the jurisdiction of such courts for
such purpose. Each of the parties irrevocably waives the defense of an inconvenient forum to the maintenance of such suit or proceeding in any such court. Nothing herein shall affect the right of either party to serve process in any other manner
permitted by law. Each of the parties agrees that a final non-appealable judgment in any such suit or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on such judgment or in any other lawful manner. 
  
 14. Attorneys’ Fees and Disbursements. If any action at
law or in equity is necessary to enforce or interpret the terms of this Agreement, the prevailing party or parties shall be entitled to receive from the other party or parties reasonable attorneys’ fees and disbursements in addition to any
other relief to which the prevailing party or parties may be entitled. 
  
 IN WITNESS WHEREOF, this Agreement has been executed and delivered by the parties hereto as of the date first above written. 
  

			
	Global ePoint, Inc.
		
	 By:
	 	 /s/ Toreas Lou

	 Name:
	 	 Toresa Lou

	 Its:
	 	 Chief Executive Officer

  

 -6- 

			
	M.A.G. CAPITAL, LLC
		
	 By:
	 	 /s/ David Firestone

	 Name:
	 	 David Firestone

	 Its:
	 	 Managing Member

	
	MERCATOR MOMENTUM FUND, LP
		
	 By:
	 	 /s/ David Firestone

	 Name:
	 	 David Firestone

	 Its:
	 	 Managing Member

	
	MERCATOR MOMENTUM FUND III, LP
		
	 By:
	 	 /s/ David Firestone

	 Name:
	 	 David Firestone

	 Its:
	 	 Managing Member

	
	MONARCH POINTE FUND, LTD.
		
	 By:
	 	 /s/ David Firestone

	 Name:
	 	 David Firestone

	 Its:
	 	 Managing Member

  

 -7-Warrant to Purchase Common Stock

 Exhibit 10.3 
  
 WARRANT TO PURCHASE COMMON STOCK 
  
 THIS WARRANT AND THE SECURITIES ISSUABLE HEREUNDER HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE
SECURITIES LAWS. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR OTHERWISE TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR THE AVAILABILITY OF AN EXEMPTION FROM
REGISTRATION UNDER SUCH ACT AND ANY APPLICABLE STATE SECURITIES LAWS. 
  
 WARRANT TO PURCHASE COMMON STOCK 
  

			
	Number of Shares:	  	Up to                  shares (subject to adjustment)
		
	Warrant Price:	  	$3.50 per share [higher of $3.50 or Purchase Price]
		
	Issuance Date:	  	May 20, 2005
		
	Expiration Date:	  	May 20, 2008

  
 THIS WARRANT
CERTIFIES THAT for value received,                      or its registered assigns (hereinafter called the
“Holder”) is entitled to purchase from Global ePoint, Inc. (hereinafter called the “Company”), the above referenced number of fully paid and nonassessable shares (the “Shares”)
of common stock (the “Common Stock”), of Company, at the Warrant Price per Share referenced above; the number of shares purchasable upon exercise of this Warrant referenced above being subject to adjustment from time to time
as described herein. This Warrant is issued in connection with that certain Subscription Agreement dated as of May 20, 2005, by and between the Company and Holder (the “Subscription Agreement”). The exercise of this Warrant
shall be subject to the provisions, limitations and restrictions contained herein. 
  
 1. Term and Exercise. 
  
 1.1 Term.
Commencing 181 days after the Issuance Date, this Warrant is exercisable in whole or in part (but not as to any fractional share of Common Stock), at any time and from time to time after the date hereof prior to 6:00 p.m. on the
Expiration Date set forth above. 
  
 1.2 Warrant Price. The
Warrant shall be exercisable at the Warrant Price described above. 
  
 1.3
Maximum Number of Shares. The maximum number of Shares of Common Stock exercisable pursuant to this Warrant is              Shares. However, notwithstanding
anything herein to the contrary, in no event shall the Holder be permitted to exercise this Warrant for a number of Shares greater than the number that would cause the aggregate beneficial ownership of the Company’s Common Stock (calculated
pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended) of the Holder and its affiliates to equal 9.99% of the Company’s Common Stock then outstanding.  
  
 1.4 Procedure for Exercise of Warrant. Holder may exercise this Warrant by delivering the following to the principal
office of the Company in accordance with Section 5.1 hereof: (i) a duly executed Notice of Exercise in substantially the form attached as Schedule A, (ii) payment of the Warrant Price then in effect for each of the Shares being purchased, as
designated in the Notice of Exercise, and (iii) this Warrant. Payment of the Warrant Price may be by certified or official bank check payable to the order of the Company, or wire transfer of funds to the Company’s account (or any combination of
any of the foregoing) in the amount of the Warrant Price for each share being purchased.  
  
 1.5 Delivery of Certificate and New Warrant. In the event of any exercise of the rights represented by this Warrant, a certificate or certificates for the shares of Common Stock so purchased,
registered in the name of the Holder or such other name or names as may be designated by the Holder, together with any other securities or other property which the Holder is entitled to receive upon exercise of this Warrant, shall be delivered to
the Holder hereof, at the Company’s expense, within a reasonable time, not exceeding fifteen (15) calendar days, after the rights represented by this Warrant shall have been so exercised; and, unless this Warrant has expired, a new Warrant
representing the number of Shares (except a remaining fractional share), if any, with respect to which this Warrant shall not then have been exercised shall also be issued to the Holder hereof within such time. The person in whose name any
certificate for shares of Common Stock is issued upon exercise of this Warrant shall for all purposes be deemed to have become the holder of record of such shares on the date on which the Warrant was surrendered and payment of the Warrant Price was
received by the Company in accordance with this Section, irrespective of the date of delivery of such certificate, except that, if the date of such surrender and payment is on a date when the stock transfer books of the Company are closed, such
person shall be deemed to have become the holder of such Shares at the close of business on the next succeeding date on which the stock transfer books are open. 
  
 1.6 Restrictive Legend. Each new or replacement Warrant delivered pursuant to Section 1.5 and certificate for Shares
shall bear a restrictive legend in substantially the form as follows, together with any additional legend required by (i) any applicable state securities laws and (ii) any securities exchange upon which such Shares may, at the time of such exercise,
be listed: 
  
 The shares of stock evidenced by this
certificate have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered, sold, pledged or otherwise transferred (“transferred”) in the absence of such registration or an applicable exemption
therefrom. In the absence of such registration, such shares may not be transferred unless, if the Company requests, the Company has received a written opinion from counsel in form and substance satisfactory to the Company stating that such transfer
is being made in compliance with all applicable federal and state securities laws. 
  
 Any certificate issued at any time in exchange or substitution for any certificate bearing such legend shall also bear such legend unless, in the opinion of counsel for the Holder thereof (which opinion shall be 

  

 Page 1 

 
reasonably satisfactory to the Company), the securities represented thereby are not, at such time, required by law to bear such legend. 
  
 1.7 Fractional Shares. No fractional Shares shall be issuable upon
exercise or conversion of the Warrant. In the event of a fractional interest, the number of Shares to be issued shall be rounded down to the nearest whole Share.  
  
 2. Representations, Warranties and Covenants. 
  
 2.1 Representations and Warranties. As of the date of this Warrant: 
  
 (a) The Company is a corporation duly organized, validly existing and in good
standing under the laws of its state of incorporation and has all necessary power and authority to perform its obligations under this Warrant; 
  
 (b) The execution, delivery and performance of this Warrant has been duly authorized by all necessary actions on the part of the Company and constitutes
the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms; and 
  
 (c) This Warrant does not violate and is not in conflict with any of the provisions of the Company’s Articles of Incorporation or Certificate of
Determination, Bylaws and any resolutions of the Company’s Board of Directors or stockholders, or any agreement of the Company, and no event has occurred and no condition or circumstance exists that might (with or without notice or lapse of
time) constitute or result directly or indirectly in such a violation or conflict. 
  
 2.2 Issuance of Shares. The Company covenants and agrees that all shares of Common Stock that may be issued upon the exercise of the rights represented by this Warrant will, upon issuance, be validly issued, fully paid
and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. The Company further covenants and agrees that it will pay when due and payable any and all federal and state taxes which may be payable in respect of
the issue of this Warrant or any Common Stock or certificates therefor issuable upon the exercise of this Warrant. The Company further covenants and agrees that the Company will at all times have authorized and reserved, free from preemptive rights,
a sufficient number of shares of Common Stock to provide for the exercise in full of the rights represented by this Warrant. If at any time the number of authorized but unissued shares of Common Stock of the Company shall not be sufficient to effect
the exercise of the Warrant in full, subject to the limitations set forth in Section 1.3 hereto, then the Company will take all such corporate action as may, in the opinion of counsel to the Company, be necessary or advisable to increase the number
of its authorized shares of Common Stock as shall be sufficient to permit the exercise of the Warrant in full, subject to the limitations set forth in Section 1.3 hereto, including without limitation, using its best efforts to obtain any necessary
stockholder approval of such increase. The Company further covenants and agrees that if any shares of capital stock to be reserved for the purpose of the issuance of shares upon the exercise of this Warrant require registration with or approval of
any governmental authority under any federal or state law before such shares may be validly issued or delivered upon exercise, then the Company will in good faith and as expeditiously as possible endeavor to secure such registration or approval, as
the case may be. If and so long as the Common Stock issuable upon the exercise of this Warrant is listed on any national securities exchange or the Nasdaq Stock Market, the Company will, if permitted by the rules of such exchange or market, list and
keep listed on such exchange or market, upon official notice of issuance, all shares of such Common Stock issuable upon exercise of this Warrant. 
  
 3. Other Adjustments. 
  
 3.1 Subdivision or Combination of Shares. In case the Company shall at any time subdivide its outstanding Common Stock into a greater number of
shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced, and the number of Shares subject to this Warrant shall be proportionately increased, and conversely, in case the outstanding Common Stock of
the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of Shares subject to this Warrant shall be proportionately decreased.

  
 3.2 Dividends in Common Stock, Other Stock or Property.
If at any time or from time to time the holders of Common Stock (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received or become entitled to receive, without payment therefor:

  
 (a) Common Stock, Options or any shares or other securities
which are at any time directly or indirectly convertible into or exchangeable for Common Stock, or any rights or options to subscribe for, purchase or otherwise acquire any of the foregoing by way of dividend or other distribution; 
  
 (b) any cash paid or payable otherwise than as a regular cash dividend; or

  
 (c) Common Stock or additional shares or other securities or
property (including cash) by way of spin-off, split-up, reclassification, combination of shares or similar corporate rearrangement (other than Common Stock issued as a stock split or adjustments in respect of which shall be covered by the terms of
Section 3.1 above) and additional shares, other securities or property issued in connection with a Change (as defined below) (which shall be covered by the terms of Section 3.4 below), then and in each such case, the Holder hereof shall, upon the
exercise of this Warrant, be entitled to receive, in addition to the number of shares of Common Stock receivable thereupon, and without payment of any additional consideration therefor, the amount of stock and other securities and property
(including cash in the cases referred to in clause (b) above and this clause (c)) which such Holder would hold on the date of such exercise had such Holder been the holder of record of such Common Stock as of the date on which holders of Common
Stock received or became entitled to receive such shares or all other additional stock and other securities and property. 
  
 3.3 Reorganization, Reclassification, Consolidation, Merger or Sale. If any recapitalization, reclassification or reorganization of the share capital
of the Company, or any consolidation or merger of the Company with another corporation, or the sale of all or substantially all of its shares and/or assets or other transaction (including, without limitation, a sale of substantially all of its
assets followed by a liquidation) shall be effected in such a way that holders of Common Stock shall be entitled to receive shares, securities or other assets or property (a “Change”), then, as a condition of such Change, lawful and
adequate provisions shall be made by the Company whereby the Holder hereof shall thereafter have the right to purchase and receive (in lieu of the Common Stock of the Company immediately theretofore purchasable and receivable upon the exercise of
the rights represented hereby) such shares, securities or other assets or property as may be issued or payable with respect to or in exchange for the number of outstanding Common Stock which such Holder would have been entitled to receive had such
Holder exercised this Warrant immediately prior to the consummation of such Change. The Company or its successor shall promptly issue to Holder a new Warrant for such new securities or other property. The new Warrant shall provide for adjustments
which shall be as nearly equivalent as may be practicable to give effect to the adjustments provided for in this Section 3 including, without limitation, adjustments to the Warrant Price and to the number of securities or property issuable upon
exercise of the new Warrant. The provisions of this Section 3.3 shall similarly apply to successive Changes.  
  
 4. Ownership and Transfer. 
  
 4.1 Ownership of This Warrant. The Company may deem and treat the person in whose name this Warrant is registered as the holder and owner hereof
(notwithstanding any notations of ownership or writing hereon made by anyone other than the Company) for all purposes and shall not be affected by any notice to the contrary until presentation of this Warrant for registration of transfer as provided
in this Section 4. 
  
 4.2 Transfer and Replacement. Subject
to compliance with applicable federal securities laws, this Warrant and all rights hereunder are transferable in whole or in part upon the books of the Company by the Holder hereof in person or by duly authorized attorney, and a new 

  

 Page 2 

 
Warrant or Warrants, of the same tenor as this Warrant but registered in the name of the transferee or transferees (and in the name of the Holder, if a
partial transfer is effected) shall be made and delivered by the Company upon surrender of this Warrant duly endorsed, at the office of the Company in accordance with Section 5.1 hereof. Upon receipt by the Company of evidence reasonably
satisfactory to it of the loss, theft or destruction, and, in such case, of indemnity or security reasonably satisfactory to it, and upon surrender of this Warrant if mutilated, the Company will make and deliver a new Warrant of like tenor, in lieu
of this Warrant; provided that if the Holder hereof is an instrumentality of a state or local government or an institutional holder or a nominee for such an instrumentality or institutional holder an irrevocable agreement of indemnity by such Holder
shall be sufficient for all purposes of this Warrant, and no evidence of loss or theft or destruction shall be necessary. This Warrant shall be promptly cancelled by the Company upon the surrender hereof in connection with any transfer or
replacement. Except as otherwise provided above, in the case of the loss, theft or destruction of a Warrant, the Company shall pay all expenses, taxes and other charges payable in connection with any transfer or replacement of this Warrant, other
than income taxes and stock transfer taxes (if any) payable in connection with a transfer of this Warrant, which shall be payable by the Holder. Holder will not transfer this Warrant and the rights hereunder except in compliance with federal and
state securities laws and except after providing evidence of such compliance reasonably satisfactory to the Company. 
  
 5. Miscellaneous Provisions. 
  
 5.1 Notices. Any notice or other document required or permitted to be given or delivered to the Holder shall be delivered or forwarded to the Holder
at                 , Attention:                  (Facsimile No.
                ), or to such other address or number as shall have been furnished to the Company in writing by the Holder, with a copy to
                 Attention                  (Facsimile No.
                ). . Any notice or other document required or permitted to be given or delivered to the Company shall be delivered or forwarded to the Company
at 339 South Cheryl Lane, City of Industry, California 91789, Attention Toresa Lou, with a copy to Preston, Gates & Ellis, LLP, 1900 Main Street, Suite 600, Irvine, California 92614, Attention: Dan Donahue, or to such other address
or number as shall have been furnished to Holder in writing by the Company. 
  
 5.2 All notices, requests and approvals required by this Warrant shall be in writing and shall be conclusively deemed to be given (i) when hand-delivered to the other party, (ii) when received if sent by facsimile at the address and
number set forth above; provided that notices given by facsimile shall not be effective, unless either (a) a duplicate copy of such facsimile notice is promptly given by depositing the same in the mail, postage prepaid and addressed to the party as
set forth below or (b) the receiving party delivers a written confirmation of receipt for such notice by any other method permitted under this paragraph; and further provided that any notice given by facsimile received after 3:00 p.m.
(recipient’s time) or on a non-business day shall be deemed received on the next business day; (iii) five (5) business days after deposit in the United States mail, certified, return receipt requested, postage prepaid, and addressed to the
party as set forth below; or (iv) the next business day after deposit with an international overnight delivery service, postage prepaid, addressed to the party as set forth below with next business day delivery guaranteed; provided that the sending
party receives confirmation of delivery from the delivery service provider. 
  
 5.3 No Rights as Shareholder; Limitation of Liability. This Warrant shall not entitle the Holder to any of the rights of a shareholder of the Company except upon exercise in accordance with the terms hereof. No
provision hereof, in the absence of affirmative action by the Holder to purchase shares of Common Stock, and no mere enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the Warrant Price
hereunder or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company. 
  
 5.4 Governing Law. This Warrant shall be governed by and construed in accordance with the laws of the State of California as applied to agreements
among California residents made and to be performed entirely within the State of California, without giving effect to the conflict of law principles thereof. 
  
 5.5 Binding Effect on Successors. This Warrant shall be binding upon any corporation succeeding the Company by merger, consolidation or acquisition
of all or substantially all of the Company’s assets and/or securities. All of the obligations of the Company relating to the Shares issuable upon the exercise of this Warrant shall survive the exercise and termination of this Warrant. All of
the covenants and agreements of the Company shall inure to the benefit of the successors and assigns of the Holder. 
  
 5.6 Waiver, Amendments and Headings. This Warrant and any provision hereof may be changed, waived, discharged or terminated only by an instrument in
writing signed by both parties (either generally or in a particular instance and either retroactively or prospectively). The headings in this Warrant are for purposes of reference only and shall not affect the meaning or construction of any of the
provisions hereof. 
  
 5.7 Jurisdiction. Each of the parties
irrevocably agrees that any and all suits or proceedings based on or arising under this Agreement may be brought only in and shall be resolved in the federal or state courts located in the City of Los Angeles, California and consents to the
jurisdiction of such courts for such purpose. Each of the parties irrevocably waives the defense of an inconvenient forum to the maintenance of such suit or proceeding in any such court. Each of the parties further agrees that service of process
upon such party mailed by first class mail to the address set forth in Section 9 shall be deemed in every respect effective service of process upon such party in any such suit or proceeding. Nothing herein shall affect the right of either party to
serve process in any other manner permitted by law. Each of the parties agrees that a final non-appealable judgment in any such suit or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on such judgment or in any
other lawful manner. 
  
 5.8 Attorneys’ Fees and
Disbursements. If any action at law or in equity is necessary to enforce or interpret the terms of this Agreement, the prevailing party or parties shall be entitled to receive from the other party or parties reasonable attorneys’ fees
and disbursements in addition to any other relief to which the prevailing party or parties may be entitled. 
  

 Page 3 

 IN WITNESS WHEREOF, the Company has caused this Warrant to be signed by its duly authorized officer this 20th day
of May, 2005. 
  
 COMPANY: 
  

									
	 	 	 	 	GLOBAL EPOINT, INC.
					
	 	 	 	 	 	 	By	 	/s/    TORESA LOU
					
	 	 	 	 	 	 	Print Name:	 	Toresa Lou
					
	 	 	 	 	 	 	Title:	 	Chief Executive Officer

  

 Page 4 

 SCHEDULE A 
  

FORM OF NOTICE OF EXERCISE 
  
 [To be signed only upon exercise of the Warrant] 
  
 TO BE EXECUTED BY THE REGISTERED HOLDER 
 TO EXERCISE THE WITHIN WARRANT 
  
 The undersigned hereby elects
to purchase              shares of Common Stock (the “Shares”) of Global ePoint, Inc. under the Warrant to Purchase Common Stock dated May 20 , 2005, which the undersigned
is entitled to purchase pursuant to the terms of such Warrant. The undersigned has delivered $            , the aggregate Warrant Price for
             Shares purchased herewith, in full in cash or by certified or official bank check or wire transfer. 
  
 Please issue a certificate or certificates representing such shares of Common Stock in the name of the undersigned or in
such other name as is specified below and in the denominations as is set forth below: 
  
                                       
                                        
                                        
                                        
                                        
                                        
           
 [Type Name of Holder as it should appear on the stock
certificate] 
  
                                       
                                        
                                        
                                        
                                        
                                        
           
 [Requested Denominations – if no denomination is specified, a
single certificate will be issued] 
  
 The initial address of such
Holder to be entered on the books of Company shall be: 
 __________________________________________________________ 
 __________________________________________________________ 
 __________________________________________________________ 
  
 The undersigned hereby represents and warrants that the undersigned is acquiring such shares for his own account for investment purposes only, and not for resale or with a view to distribution of such shares or any
part thereof. 
  

			
		
	By:	 	 

			
		
	Print Name:	 	 

			
		
	Title:	 	 

			
		
	Dated:	 	 

  

 -1- 

 FORM OF ASSIGNMENT 
 (ENTIRE) 
  
 [To be
signed only upon transfer of entire Warrant] 
  
 TO BE
EXECUTED BY THE REGISTERED HOLDER 
 TO TRANSFER THE WITHIN WARRANT 
  
 FOR VALUE RECEIVED
                                        
hereby sells, assigns and transfers unto
                                        
     all rights of the undersigned under and pursuant to the within Warrant, and the undersigned does hereby irrevocably constitute and appoint
                                     Attorney to transfer the
said Warrant on the books of                                 , with full
power of substitution. 
  

	
	
	  
	 [Type Name of Holder]

  

			
		
	By:	 	 
		
	 Title:
	 	 

  

			
	 Dated:
	 	 

  
 NOTICE 
  
 The signature to the foregoing Assignment must correspond exactly to the name as written
upon the face of the within Warrant, without alteration or enlargement or any change whatsoever. 
  

 -1- 

 FORM OF ASSIGNMENT 
 (PARTIAL) 
  
 [To be
signed only upon partial transfer of Warrant] 
  
 TO BE
EXECUTED BY THE REGISTERED HOLDER 
 TO TRANSFER THE WITHIN WARRANT 
  
 FOR VALUE RECEIVED
                                     hereby sells, assigns and
transfers unto
                                        
         (i) the rights of the undersigned to purchase
                                     shares of Common Stock
under and pursuant to the within Warrant, and (ii) on a non-exclusive basis, all other rights of the undersigned under and pursuant to the within Warrant, it being understood that the undersigned shall retain, severally (and not jointly) with the
transferee(s) named herein, all rights assigned on such non-exclusive basis. The undersigned does hereby irrevocably constitute and appoint
                                     Attorney to transfer the
said Warrant on the books of Global ePoint, Inc., with full power of substitution. 
  

	
	
	  
	 [Type Name of Holder]

  

			
		
	By:	 	 
		
	 Title:
	 	 

  

			
	 Dated:
	 	 

  
 NOTICE 
  
 The signature to the foregoing Assignment must correspond exactly to the name as written
upon the face of the within Warrant, without alteration or enlargement or any change whatsoever. 
  

 -2-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00085-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00085-of-00352.parquet"}]]