EXHIBIT 4.6
FORM OF AMENDMENT TO
COMMON STOCK PURCHASE WARRANT
AMENDMENT, dated as of [___________], 2003 (this "Amendment"), to
Common Stock Purchase Warrant, dated as of November 8, 2001 (the "Warrant"),
entered into by and between Critical Path, Inc., a California corporation (the
"Company"), and [____________] ("Warrantholder"),
W I T N E S S E T H:
WHEREAS, pursuant to that certain Stock and Warrant Purchase and
Exchange Agreement, dated as of November 8, 2001, the Company granted the
Warrant to Warrantholder; and
WHEREAS, pursuant to that certain Convertible Note Purchase and
Exchange Agreement, dated as of November 18, 2003, the Company and Warrantholder
desire to amend the terms of the Warrant in the manner set forth below:
NOW, THEREFORE, the Company and Warrantholder hereby agree as of the
day and year first above written as follows:
Section 1. Capitalized Terms. Capitalized terms not defined herein
shall have the meanings ascribed to them in the Warrant.
Section 2. Amendment to First Paragraph of the Warrant. The first
paragraph of the Warrant is hereby deleted and amended and restated to read in
its entirety as follows:
"This certifies that, for good and valuable consideration,
Critical Path, Inc., a California corporation (the "Company"), grants
to [____________], a Delaware limited partnership (the
"Warrantholder"), the right to subscribe for and purchase from the
Company, during the Exercise Period (as hereinafter defined),
[_______________] (__________) validly issued, fully paid and
nonassessable shares, par value $0.001, of Common Stock of the Company
(the "Warrant Shares"), at the exercise price of $[Series E Price Per
Share] per share (the "Exercise Price"), all subject to the terms,
conditions and adjustments herein set forth. Capitalized terms used
herein shall have the meanings ascribed to such terms in Section 9
below."
Section 3. Continuing Agreement. Except as specifically amended hereby,
all of the terms of the Warrant shall remain and continue in full force and
effect and are hereby confirmed in all respects.
Section 4. Governing Law. This Amendment shall be governed by and
construed in accordance with the laws of the State of New York, without regard
to the principles of conflicts of law thereof.
Section 5. Counterparts. This Amendment may be executed in any number
of counterparts and by the parties hereto in separate counterparts, each of
which when so executed shall be deemed to be an original and all of which taken
together shall constitute one and the same agreement.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed as of the date first above written.
COMPANY:
CRITICAL PATH, INC.,
a California corporation
By: ________________________________
Name:
Title:
WARRANTHOLDER:
[____________________]
By: ________________________________
Name:
Title:
