THIS WARRANT AGREEMENT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
1933 (THE “ACT”) OR ANY STATE SECURITIES LAWS AND MAY NOT BE TRANSFERRED
WITHOUT REGISTRATION UNDER THE ACT AND REGISTRATION OR QUALIFICATION UNDER
ANY STATE SECURITIES LAW, UNLESS IN THE OPINION OF COUNSEL ACCEPTABLE TO THE
ISSUER AN EXEMPTION FROM REGISTRATION UNDER THE ACT AND REGISTRATION OR
QUALIFICATION UNDER SAID LAWS IS AVAILABLE
COMMON STOCK PURCHASE WARRANT AGREEMENT (EXERCISABLE AT $0. PER
SHARE FOR SHARES)
WorldWater Corp. (the “Company”) hereby grants to the holder, , the right to
purchase, under the limited circumstances set forth herein at any time commencing on the Commencement Date
(as defined below) until (the “Expiration Date”) fully paid and non-assessable shares of
the Company’s Common Stock, par value $.001 per share (the “Common Stock”).
This Warrant Agreement (hereafter “Warrant”) is exercisable at a price equal to $0. per
share of the Common Stock issuable hereunder (the “Exercise Price”) until payable by certified or
official bank check as hereinafter provided. Upon surrender of this Warrant with the annexed Election to
Purchase duly executed, together with payment of the Exercise Price for the shares of Common Stock
purchased, at the Company’s principal executive offices presently located at 55 Route 31 South, Pennington,
New Jersey 08534, the holder shall be entitled to receive a certificate or certificates for the shares of Common
Stock so purchased.
1. Exercise of Warrant
The purchase rights represented by this Warrant are exercisable by the holder hereof, in whole or
in part (but not as to fractional shares of Common Stock), on the date (the “Commencement Date”) that is the
date of issuance of this Warrant, and only until the Expiration Date.