Schedule of Warrants Issued by NCT Group, Inc. to Carole Salkind (Q1 2006)
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Summary
NCT Group, Inc. issued a total of 95,000,000 warrants to Carole Salkind between January and March 2006. Each warrant allows the purchase of NCT common stock at an exercise price of $0.01 per share or the par value at the time of exercise, whichever is higher. The warrants have a five-year term from their respective grant dates. This schedule documents the grant dates, expiration dates, exercise prices, and quantities of warrants issued.
EX-10.3(B) 4 exh_10-3b.txt SCHEDULE OF WARRANTS Exhibit 10.3(b) Schedule of Warrants (new financings after October 31, 2005) issued by NCT Group, Inc. to Carole Salkind during the three months ended March 31, 2006 Exercise Shares Grant Date Expiration Date Price(a) Granted ---------- --------------- ----------- ------- 01/11/06 01/11/11 $0.0100 20,000,000 01/24/06 01/24/11 $0.0100 20,000,000 02/13/06 02/13/11 $0.0100 20,000,000 02/13/06 02/13/11 $0.0100 10,750,000 03/10/06 03/10/11 $0.0100 24,250,000 --------------- 95,000,000 =============== (a) Warrant exercise price will be the greater of: (i) the lowest last sale price of NCT's common stock during the five-day period comprised of the date of the warrant, date preceding and three dates following; or (ii) the par value of NCT's common stock on the date the warrant is exercised. Page 1 of 1
