AMENDMENT TO REDEEMABLE COMMON STOCK PURCHASE WARRANT
AMENDMENT
TO REDEEMABLE
COMMON STOCK PURCHASE WARRANT
This
Amendment Agreement (the “Amendment”),
dated
as of ______, 2008, amends that certain Redeemable Common Stock Purchase
Warrant, certificate No. 2007-A- _____ (the “Warrant”)
of
China Broadband, Inc., f/k/a Alpha Nutra, Inc., a Nevada corporation (the
“Company”),
issued in the name of ___________________________________ (the “Holder”)
for
the purchase of up to _______________ shares of common stock, par value $.001
per share of the Company at $2.00 per share. All Capitalized terms not otherwise
defined herein shall have the meanings set forth in the Warrant.
R
E C I T A L S
WHEREAS,
the
Holder owns the Warrant and has received, reviewed and executed the Subscription
and Release Agreement (the “Subscription
Agreement”)
between the Company and Holder; and
WHEREAS,
the
Holder agrees to the terms of the Subscription Agreement and desires to extend
the exercisability term of the Warrants from March 24, 2009 to January 11,
2013,
as set forth herein.
NOW,
THEREFORE,
based
on the mutual premesis and consideration of the parties, the receipt and
sufficiency of which is hereby approved, Company hereby agrees as follows:
1. The
term
“Expiration
Date”,
as is
currently defined in the Warrant is, and all references thereto are, hereby
modified and amended to be and read January 11, 2013.
2.
Section
1.8(a) of the Warrant is hereby amended and restated to be and read as follows:
“1.8 Company’s
Right to Call.
(a) Subject
to the provisions of clauses 1.8(b) below, in the event that: (A) the Fair
Market Value equals or exceeds 125% of the then applicable exercise price
of
this Warrant (the “Trigger
Price”)
and
(B) the minimum daily trading volume of the Common Stock is not less than
25,000
shares, each for a period of ten 10 consecutive trading days immediately
prior
to such notice, then the Company, upon no less than twenty (20) business
days’
prior written notice (the “Notice
Period”),
may
call this Warrant in whole or in part with respect to up to 100% of the shares
of Common Stock then purchasable pursuant to this Warrant at a redemption
price
equal to $.10 per share which right shall be exercisable by the Company
commencing on March 24, 2008 and continuing through the Expiration Date.
Notice
by the Company of redemption may be made no more than fifteen (15) days after
the end of the ten (10) day determination period. Notwithstanding any such
notice by the Company, the Holder shall have the right to exercise this Warrant
prior to the end of the Notice Period.”
IN
WITNESS WHEREOF, the Company and Holder have executed this Amendment as of
the
date first written above.
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CHINA
BROADBAND, INC.
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By:________________________
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Name:
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Title:
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HOLDER:
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____________________________
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(Print
Name)
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____________________________
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(Signature)
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____________________________
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(Title,
if Holder is an Entity)
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Warrant
No: 2007-A-__________
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_____________________________
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Number
of Warrants
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