Addendum to Common Stock Purchase Warrant between Tutogen Medical, Inc. and Azimuth Opportunity Ltd. dated June 30, 2006
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Summary
Tutogen Medical, Inc. and Azimuth Opportunity Ltd. have agreed that the warrant held by Azimuth to purchase 175,000 shares of Tutogen's common stock cannot be settled for cash under any circumstances, as clarified in this addendum. This understanding also applies to the related Registration Rights Agreement dated June 30, 2006. Both parties have acknowledged and signed this addendum to confirm their agreement.
EX-10.11(A) 2 g04847a2exv10w11xay.htm EX-10.11(A) ADDENDUM TO COMMON STOCK PURCHASE WARRANT EX-10.11(A) ADDENDUM TO COMMON STOCK PURCHASE WARR
Exhibit 10.11(a)
Addendum to Common Stock Purchase Warrant dated June 30, 2006
This will confirm the understanding that with regard to the warrant to purchase 175,000 shares of common stock of Tutogen Medical, Inc. held by Azimuth Opportunity Ltd., there is no circumstance a cash settlement is provided for pursuant to the terms of the warrant and the Registration Rights Agreement dated June 30, 2006.
Acknowledged: Azimuth Opportunity, Ltd. | ||||||
By: | /s/ Deirdre M. McCoy | |||||
Name: Deirdre M. McCoy | ||||||
Title: Corporate Secretary | ||||||
Tutogen Medical, Inc. | ||||||
By: | /s/ Lee Robert Johnston, Jr. | |||||
Name: Lee Robert Johnston, Jr. | ||||||
Title: Chief Financial Officer |