Schedule of Warrants Issued by NCT Group, Inc. to Carole Salkind (April 21, 2006)

Contract Categories: Business Finance › Warrant Agreements
Summary

NCT Group, Inc. issued warrants to Carole Salkind on April 21, 2006, allowing her to purchase up to 43,250,000 shares of NCT Group, Inc. common stock. The warrants expire on April 21, 2011, and the exercise price for each share is the greater of $0.0022 or the par value of the common stock at the time of exercise. This agreement outlines the terms and conditions for exercising these warrants within the specified period.

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EX-10.5(B) 7 exh-10_5b.txt SCHEDULE OF WARRANTS Exhibit 10.5(b) Schedule of Warrant (refinancings after October 31, 2005) Issued by NCT Group, Inc. to Carole Salkind on April 21, 2006 Expiration Shares Grant Date Date Exercise Price Granted ---------- ---- -------------- ------- 04/21/06 04/21/11 Greater of: (i) $0.0022; 19,250,000 or (ii) the par value of NCT Group, Inc. common stock on the date of exercise 04/21/06 04/21/11 Greater of: (i) $0.0022; 24,000,000 or (ii) the par value of NCT Group, Inc. common stock on the date of exercise