AFFINITY MEDIA INTERNATIONAL CORP. __________, 2006 [name] [address]
EX-10.9 14 v035892_ex10-9.htm Unassociated Document
AFFINITY MEDIA INTERNATIONAL CORP.
__________, 2006 | ||
[name] | ||
[address] |
RE: Warrants of Affinity Media International Corp. (the “Company”)
To whom it may concern:
This letter will confirm our agreement that, at any time after the consummation of a “business combination”, if the Company’s publicly-traded common stock reaches a volume weighted average trading price of $6.60 per share for each day during any five-day trading period, the Company will issue to you warrants, on mutually agreeable terms, allowing you to purchase up to an aggregate of ____________ shares of the Company’s common stock for $.10 per share. If, at any time after the consummation of a “business combination”, the Company’s publicly-traded units begin trading separately, the Company’s publicly-traded common stock reaches a volume weighted average trading price of $7.20 per share or more for each day during any five-day trading period, the Company will issue to you additional warrants, on mutually agreeable terms, allowing you to purchase up to an aggregate of ____________ shares of the Company’s common stock, for $.10 per share. All warrants granted pursuant to this agreement will be exercisable for a period of 5 years from the date of issuance.
As used herein, the term “business combination” shall have the meaning set for the in the Company’s registration statement on Form S-1, as amended.
Very truly yours, | ||
AFFINITY MEDIA INTERNATIONAL CORP. | ||
| | |
Date: | By: | |
Name: Howard Cohl | ||
Title: President |
AGREED TO AND ACCEPTED BY:
Name: