Each debenture shall have 100 detachable warrants attached, each entitling
the holder, during the last five banking days of the first months in each quarter commencing in January 2004 up to and including April 2006, to subscribe for one new share in Telelogic AB with a nominal value of SEK 0,01 at a subscription price corresponding to the average quotation of the company's shares during the period commencing on 19 November 2001 up to and including 30 November 2001.
Smith will also assign all of its interest in 100,000 warrants held by Smith entitling
the purchase of an equal number of shares of Hyperion at a price of $0.
In addition, Digital will cause all outstanding stock options to be canceled in return for the Company agreeing to issue stock options entitling
the holders thereof to acquire a total of 125,000 common shares in the common stock of the Company at a price of $0.
Each Special Warrant entitles the holder thereof to receive, at no additional cost, one common share in the capital of the Company and one common share purchase warrant, each such Warrant entitling the holder thereof to acquire one additional common share in the capital of the Company until July 16, 1998, at a price of $1.
Griffiths McBurney & Partners (Guernsey) Limited was also issued a Compensation Warrant entitling it to acquire, for no additional consideration, an Agent's warrant.
Each Class A Special Warrant will entitle the holder to receive upon exercise, without payment of any additional consideration to the Corporation, one common share of the Corporation and one-half of one common share purchase warrant (a whole common share purchase warrant being hereinafter called a "Warrant"), each whole Warrant entitling the holder upon exercise at any time on or before June 30, 1998, to purchase one common share of the Corporation at a price of $3.
Each Class B Special Warrant acquired under the Unit offering will entitle the holder thereof to receive upon exercise, without payment of any additional consideration to the Corporation, one whole Warrant, each Warrant entitling the holder upon the exercise thereof at any time on or before June 30, 1998, to purchase one common share of the Corporation at a price of $3.
Each unit consists of one common share and one share purchase warrant entitling
the holder thereof to purchase one additional common share of the Company at any time and from time to time for a purchase price of $0.