Fourth Amendment to Warrant to Purchase Common Stock between IdleAire Technologies Corporation and Lana Batts

Summary

This agreement is an amendment to a previous warrant agreement between IdleAire Technologies Corporation and Lana Batts. It changes the period during which the warrant to purchase common stock can be exercised, specifying that it may be exercised any time after May 23, 2001, but before May 23, 2008, or before certain company events like an IPO or merger. All other terms of the original warrant remain unchanged.

EX-4.1.4D 2 w35944exv4w1w4d.htm EX-4.1.4D exv4w1w4d  

Exhibit 4.1.4d
FOURTH AMENDMENT TO
WARRANT TO PURCHASE COMMON STOCK
     THIS AGREEMENT amends and forms a part of the Warrant to purchase Common Stock dated May 23, 2001 (“Warrant”), by and between IdleAire Technologies Corporation (the “Company”) and Lana Batts.
     The parties agree that the Warrant is hereby amended as follows:
     1. Section I, “Term of Warrant,” is revised to read as follows:
     This warrant may be exercised at any time after May 23, 2001, but before the earlier of May 23, 2008 or the date on which the Company completes an initial public offering, merger or other event that would give rise to a “voluntary conversion” or “mandatory conversion” of shares of the Company’s Series B convertible preferred stock, as defined in Section III, page 15, of the Company’s Series B Convertible Preferred Stock Confidential Private Placement Memorandum dated November 2003.
     2. In all other respects, the original terms and conditions of the Warrant shall remain in full force and effect.
           IN WITNESS WHEREOF, the parties have executed this Third Amendment as of the 13th day of May 2006.
         
IDLEAIRE TECHNOLOGIES CORPORATION
 
       
By:
  /s/ Paul Boyd    
 
       
Name:
  Paul Boyd    
Its:
  Cfo & Treasurer    
 
       
/s/ Lana Batts    
     
Lana Batts