ASSET PURCHASE AGREEMENT

dated as of June 30, 2008

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ASSET PURCHASE AGREEMENT

This ASSET PURCHASE AGREEMENT (this "Agreement"), is made and entered into
effective as of June 30, 2008 (the “Effective Date”), by and between *
(“Purchaser”), and * (“Seller”), a Delaware corporation.

RECITALS:

WHEREAS, Seller is engaged in the business of (i) providing merchant processing
and customer services to assist merchants in point of sale (“POS”) transactions
and solutions, (ii) development and marketing of software that assists
restaurants in taking orders and collecting payment online, (iii) providing
loans secured by revenues from merchant transactions, (iv) selling prepaid debit
cards, (v) assisting companies in the acceptance of electronic checks and use of
ACH transactions, (v) providing gateways for merchant transactions over the
internet, including information and guaranty programs relating to chargebacks
(collectively, the "Business"); and

WHEREAS, Seller desires to sell, transfer and assign to Purchaser, and Purchaser
desires to purchase and acquire from Seller, certain assets of Seller relating
to the operation of the Business, and in connection therewith, Purchaser has
agreed to assume certain contractual obligations of Seller relating to the
Business, all on the terms set forth herein;

NOW, THEREFORE, in consideration of the mutual covenants and agreements set
forth in this Agreement, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:

ARTICLE I
SALE OF ASSETS AND CLOSING

1.01  Assets Transferred. On the terms and subject to the conditions set forth
in this Agreement, Seller hereby sells, transfers, conveys, assigns and delivers
to Purchaser, and Purchaser hereby purchases, for the purchase price set forth
below, the following assets of Seller (the "Assets"), free and clear of all
Liens other than Permitted Liens:
 
(a) Contracts.
 
(i) All contracts between Seller and backend processing companies (the
“Processors”), including without limitation, sales agent application and
agreements, sales representative agreements, or other similar agreements with
Priority, Cornerstone, Cynergy, Elavon, CPM Gateway, and others (“Sales Rep
Agreements”);
 
(ii) Contract rights to the phone numbers listed in Exhibit 1.01(a)(ii) attached
hereto;

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(iii) All other contracts to which Selller is a party and which are utilized in
the conduct of the Business, which contracts are listed in 1.01(a)(iii) attached
hereto ;
 
(iv) Leases for the real property located at 3761 Venture Drive Suite 235
Duluth, GA 30096 and 5923 Chapman Highway, Knoxville, TN 37920 (the “Leases”). 
 
(b) Intellectual Property. The following intellectual property assets (the
“Intellectual Property Assets”):
 
(i) Trademarks/Tradenames. All Intellectual Property used in the conduct of the
Business (including without limitation all rights in the name “GVPN” and “*”) on
a worldwide basis;

 
(ii) Licenses. Software Licenses for all software residing on the computers and
servers included in the Assets, or used by Seller in connection with the
Business;
 
(iii) Software. All right, title and interest in and to proprietary software
programs used by Seller, including all intellectual property rights therein,
including without limitation copyright, and all documentation relating thereto,
including without limitation, object and source code and user and training
manuals;
 
(iv) Website. Rights to the domain names set forth in Exhibit 1.01(b)(iv) (the
“Domain Names”) and all content residing thereon, including without limitation,
the object and source code thereto and all intellectual property rights,
including without limitation copyright, therein; and
 
(v) Marketing Materials. All right, title and interest in and to the marketing
materials used by Seller in connection with the Business, including all
intellectual property rights therein, including without limitation copyright.
 
(c) Books and Records. All Books and Records used or held for use in the conduct
of the Business or otherwise relating to the Assets (the “Business Books and
Records”);
 
(d) Tangible Assets. The computers and computer servers listed in Exhibit
1.01(d).
 
(e) Other Assets and Properties. All other assets and properties of Seller used
or held for use in connection with the Business, exclusive of cash, bank
accounts and receivables, existing as of the Effective Date.

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1.02 Liabilities. 

(a) Assumed Liabilities. Purchaser hereby assumes and agrees to pay, perform and
discharge when due obligations under the Sales Rep Agreements and the Leases,
but only to the extent arising or accruing after the date hereof (the “Assumed
Liabilities”). Except as set forth in the immediately preceding sentence,
Purchaser is not assuming, and shall not be deemed to have assumed, any
liabilities or obligations of Seller, and Seller agrees that Seller shall remain
liable to pay, perform and discharge, all liabilities and obligations of Seller,
in a timely manner.
 
(b) The parties hereto expressly acknowledge and agree that, without limiting
the generality of Section 1.02(a) above, Purchaser does not adopt or assume, and
shall have no obligation to adopt or assume, and shall have no liability
whatsoever to Seller, any employees of Seller, or any other person, with respect
to any collective bargaining agreement or any employee benefit plan currently
maintained by, or contributed to, by Seller, or by which Seller is or ever has
been bound, for the benefit of employees, retirees, dependents, spouses,
directors, independent contractors or other beneficiaries of Seller
(collectively, the “Benefited Persons”), whether arrived at through collective
bargaining or otherwise.

1.03 Purchase Price. The total purchase price to be paid by Purchaser to Seller
for the Assets (the “Purchase Price”) shall consist of, and be payable, as
follows:

(a) Two Hundred Fifty Thousand Dollars ($250,000.00), paid contemporaneously
herewith;

(b) Two Hundred Fifty Thousand Dollars ($250,000.00), to be paid on or prior to
March 31, 2009;

(c) Two Hundred Fifty Thousand Dollars ($250,000), to be paid on or prior to
June 30, 2009;

(d) Two Hundred Fifty Thousand Dollars ($250,000), to be paid on or prior to
June 30, 2010; and

(e) Three Million shares of common stock of FNDS3000 Corp. (the “Parent
Shares”), the parent company of Purchaser (“Parent”).

Notwithstanding the foregoing or anything in this Agreement to the contrary,
Purchaser shall not be required to make any of the payments under Section
1.03(b), 1.03(c) or 1.03(d) unless and until all UCC financing statements that
are outstanding against the assets of Seller as of the Effective Date have been
terminated.

1.04  Earnout. In addition to the Purchase Price set forth above, as additional
purchase price, the Seller shall be entitled to receive up to an additional 2
million Parent Shares, subject to the achievement of certain financial
performance goals (“Milestones”) of Purchaser as follows:

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(i) Within thirty days after Purchaser achieves monthly Gross Margin (as defined
below) of $62,500 in three consecutive calendar months (excluding the months of
December and January), Purchaser shall deliver to Seller an additional five
hundred thousand Parent Shares;

(ii)  Within thirty days after Purchaser achieves monthly Gross Margin of
$80,000 in three consecutive calendar months (excluding December and January),
the Purchaser shall deliver to Seller an additional one million five hundred
thousand Parent Shares.
(iii) For purposes of determining whether a Milestone has been achieved, “Gross
Margin” shall mean the gross revenues of Purchaser less (i) the direct cost of
sales, and less (ii) the total compensation earned by Bruce Reisman in each
case, as determined in accordance with generally accepted accounting principles
(“GAAP”), applied on a consistent bases by Purchaser.

1.05  Allocation of Purchase Price. The Purchase Price shall be allocated as set
forth in Exhibit 1.05. Each party hereto agrees (i) to complete jointly and to
file separately Form 8594 with its Federal income Tax Return consistent with
such allocation and (ii) that no party will take a position on any income,
transfer or gains tax return, before any governmental or regulatory authority
charged with the collection of any such tax or in any judicial proceeding, that
is in any manner inconsistent with the terms of such allocation without the
consent of the other party.

ARTICLE II
REPRESENTATIONS AND WARRANTIES OF SELLER

Seller represents and warrants to Purchaser as follows, subject to the
exceptions specifically disclosed in the Disclosure Schedule attached hereto,
the sections of which correspond to the Sections of this Agreement.

2.01 Organization of Seller. Seller is a corporation duly organized, validly
existing and in good standing under the Laws of the state of [Georgia], and has
full corporate power and authority to conduct the Business as and to the extent
now conducted and to own, use and lease its assets and properties used in the
Business. Seller is duly qualified, licensed or admitted to do business and is
in good standing in those jurisdictions specified in Section 2.01 of the
Disclosure Schedule, which are the only jurisdictions in which the ownership,
use or leasing of its assets and properties, or the conduct or nature of the
Business, makes such qualification, licensing or admission necessary.

2.02 Authority; Execution. Seller has full power and authority to execute and
deliver this Agreement and to perform its obligations hereunder and to
consummate the transactions contemplated hereby. The execution and delivery by
Seller of this Agreement and the Operative Agreements to which it is a party,
and the performance by Seller of its obligations hereunder and thereunder, have
been duly and validly authorized by all requisite action. This Agreement has
been duly and validly executed and delivered by Seller and constitutes, and upon
the execution and delivery by Seller of the Operative Agreements to which it is
a party, such Operative Agreements, assuming the due authorization, execution
and delivery of this Agreement and the Operative Agreements by Purchaser, will
constitute legal, valid and binding obligations of Seller enforceable against it
in accordance with their respective terms, subject to bankruptcy, insolvency,
fraudulent transfer, reorganization, moratorium and similar laws of general
applicability relating to creditors rights and to general principles of equity.

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2.03 No Conflicts. The execution and delivery by Seller of this Agreement does
not, and the execution and delivery by Seller of the Operative Agreements to
which it is a party, the performance by Seller of its obligations under this
Agreement and such Operative Agreements and the consummation of the transactions
contemplated hereby and thereby will not:

(a) conflict with or result in a violation or breach of any of the terms,
conditions or provisions of the articles or certificate of incorporation or
bylaws of Seller;

(b) conflict with or result in a material violation or breach of any term or
provision of any Law or Order applicable to Seller or any of the Assets; or

(c) except as disclosed in Section 2.03 of the Disclosure Schedule, (i) conflict
with or result in a material violation or breach of, (ii) constitute (with or
without notice or lapse of time or both) a default under, (iii) require Seller
to obtain any consent, approval or action of, make any filing with or give any
notice to any Person as a result or under the terms of, or (iv) result in the
creation or imposition of any Lien upon Seller or any of the Assets under, any
Contract or License to which Seller is a party or by which any of the Assets is
bound.

2.04 Governmental Approvals and Filings. No consent, approval or action of,
filing with or notice to any Governmental or Regulatory Authority on the part of
Seller is required in connection with the execution, delivery and performance of
this Agreement or any of the Operative Agreements to which it is a party or the
consummation of the transactions contemplated hereby or thereby.

2.05 Financial Statements. Section 2.05 of the Disclosure Schedule sets forth
financial statements of the Business for the calendar years ended December 31,
2007 and December 31, 2006 (“Financial Statements”). The Financial Statements
are true, correct and complete in all respects and were prepared in accordance
with GAAP consistently applied throughout the periods indicated (except to the
extent that certain notes and supplemental information otherwise required in
accordance with GAAP are not included in the Financial Statements, the effect of
which will not, individually or in the aggregate, be materially adverse).
Section 2.05 of the Disclosure Schedule sets forth certain financial information
regarding the results of operations for the Business during 2008 (the “Interim
Financial Information”). The Interim Financial Information is true, correct and
complete. The Financial Statements and the Interim Financial Information were
prepared from the books and records of Seller and fairly and accurately set
forth the results of operations and financial position of the Business, for the
periods indicated.

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2.06 Absence of Changes. Except for the execution and delivery of this
Agreement, since December 31, 2007, there has not been any material adverse
change, or any event or development which, individually or together with other
such events, could reasonably be expected to result in a material adverse
change, in the Condition of the Business.

2.07 No Undisclosed Liabilities. Except as reflected or reserved against in the
December 31, 2007 balance sheet of the Business or as disclosed in Section 2.07
of the Disclosure Schedule, there are no Liabilities against, relating to or
affecting the Business or any of the Assets, other than Liabilities incurred in
the ordinary course of business consistent with past practice which in the
aggregate are not material to the Condition of the Business.

2.08 Taxes.
 
(a) Seller has timely paid all Taxes, and all interest and penalties due thereon
and payable by it for the Pre-Closing Tax Period which will have been required
to be paid on or prior to the Effective Date, the non-payment of which would
result in a Lien on any Asset, would otherwise adversely affect the Business or
would result in Purchaser becoming liable or responsible therefore.
 
(b) Seller has established, in accordance with generally accepted accounting
principles applied on a basis consistent with that of preceding periods,
adequate reserves for the payment of, and will timely pay all Tax liabilities,
assessments, interest and penalties which arise from or with respect to the
Assets or the operation of the Business and are incurred in or attributable to
the Pre-Closing Tax Period, the non-payment of which would result in a Lien on
any Asset, would otherwise adversely affect the Business or would result in
Purchaser becoming liable therefore.
 
(c) Seller has filed on a timely basis (or has received a valid extension to
file) with the appropriate Tax Authorities all Tax Returns applicable to the
Business or the Assets, and all such returns are true, correct, and complete in
all respects.
 
2.09 Legal Proceedings. Except as disclosed in Section 2.09 of the Disclosure
Schedule (with paragraph references corresponding to those set forth below):

(a) there are no Actions or Proceedings pending or, to the Knowledge of Seller,
threatened against, relating to or affecting Seller with respect to the Business
or any of the Assets; and

(b) there are no Orders outstanding against Seller with respect to the Business
or the Assets.

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2.10 Compliance With Laws and Orders. Except as disclosed in Section 2.10 of the
Disclosure Schedule, Seller is not, nor has it at any time within the last three
(3) years been, nor has it received any notice that it is or has at any time
within the last three (3) years been, in violation of or in default under any
Law or Order applicable to the Business or the Assets.

2.11 Employee Benefits; ERISA. Seller has no liability under, nor is it subject
to any Lien, restriction or other adverse right relating to, any “employee
benefit plan” (as defined in Section 3(3) of ERISA), including any multiemployer
plans (as defined in Section 3(37) of ERISA) or any other bonus, deferred
compensation, severance pay, pension, profit-sharing, retirement, insurance
stock purchase, stock option or other fringe benefit plan, arrangement or
practice maintained, or contributed to, by Seller for the benefit of any current
or former employees, officers or directors (collectively, the “Benefit Plans”)
(i) that would affect in any manner whatsoever Purchaser’s right, title and
interest in, or right to use or enjoy (free and clear of any Lien, other than
Permitted Liens), the Assets or (ii) that would result in the assumption by or
imposition on Purchaser of any liability. All Benefit Plans of Seller are set
forth in Section 2.11 of the Disclosure Schedule.
 
2.12 Intellectual Property.

(a) Section 2.12(a) of the Disclosure Schedule sets forth a list of all patents,
patent applications, copyright registrations (and applications therefore),
trademark and trade name registrations (and applications therefore), Internet
domain names and trade names owned by Seller and used in the Business. All
registrations and applications to register the Intellectual Property Assets in
each of the countries in which any of the same is registered are valid and
subsisting in all respects and have been properly maintained in all respects.
Section 2.12(a) of the Disclosure Schedule also sets forth a list of any
unregistered trademarks, trade names, service marks, brand names, logos or other
identifiers for the products of Seller or otherwise used in the Business.

(b) Section 2.12(b) of the Disclosure Schedule sets forth a list of all patents,
software and other technology used in the Business and for which the Seller does
not own all right, title and interest (collectively, the “Third Party
Technology”), and all license agreements or other contracts pursuant to which
the Seller has the right to use the Third Party Technology (the “Third Party
Licenses”). Seller has the lawful right to use (free of any material restriction
not expressly set forth in the Third Party Licenses) all Third Party Technology
that is incorporated or used in the Business, and no royalties or other
compensation is payable for the right to use such Third Party Technology other
than as expressly set forth in the Third Party Licenses. Seller has not received
notice that any party to any such license intends to cancel, terminate or refuse
to renew (if renewable) such license or to exercise or decline to exercise any
option or right thereunder, and Seller has used the Third Party Technology in
accordance with all of the terms of the Third Party Licenses. Seller is not in
breach of any Third Party Licenses. 
 
(c) All the Intellectual Property Assets are owned by Seller free and clear of
all Liens, other than Permitted Liens. Seller has not received any notice or
claim (whether written, oral or otherwise) challenging Seller’s ownership or
rights in the Intellectual Property Assets or claiming that any other Person has
any legal or beneficial ownership with respect thereto or challenging the
validity or enforceability of the Intellectual Property Assets.

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(d) Except as set forth in Section 2.12(d) of the Disclosure Schedule, Seller
has obtained an enforceable written assignment of all right, title and interest
in and to each item of the Intellectual Property Assets owned by Seller from
each Person participating in the discovery, development or creation of such item
and has provided to Purchaser true and correct copies of each such assignment.
Except as otherwise provided in Section 2.12(d) of the Disclosure Schedule,
Seller has no obligation to compensate, or to obtain the consent of, any third
party for the use of any item of the Intellectual Property Assets. All
employees, independent contractors, or other persons who have had access to or
participated in the development in any of the Intellectual Property Assets owned
by Seller have signed appropriate confidentiality and non-disclosure agreements
and, in the case of independent contractors, appropriate work for hire
agreements and assignments, sufficient to protect Seller’s ownership rights in
the Intellectual Property Assets and the unauthorized use or disclosure of same.
 
(e) Neither Seller’s operation of the Business prior to Effective Date nor the
Intellectual Property Assets infringe, violate or interfere with or constitute a
misappropriation of any right, title or interest (including, without limitation,
any patent, copyright, trademark or trade secret right) held by any other
Person. Seller has not received any notice or claim (whether written, oral or
otherwise) regarding any infringement, misappropriation, misuse, abuse or other
interference with any third party intellectual property or proprietary rights
(including, without limitation, infringement of any patent, copyright, trademark
or trade secret right of any third party) by Seller’s operation of the Business
or the Intellectual Property Assets.

(f) There is neither pending nor, to the Knowledge of Seller, threatened any
suit, action, claim, arbitration, grievance, litigation, administrative or legal
or other proceeding, or investigation, against Seller or its licensors
contesting the validity of, or Seller’s right to use, any of the Intellectual
Property Assets.

(g) To the Knowledge of Seller, no other Person is infringing or
misappropriating the Intellectual Property Assets.
 
(h) The Intellectual Property Assets contain all of the Intellectual Property
used or held for use in, and necessary for the conduct of, the Business as
conducted by Seller as of the EffectiveDate.

2.13 Contracts.
 
(a) Section 2.13(a) of the Disclosure Schedule (with paragraph references
corresponding to those set forth below) contains a true and complete list of
each of the following Contracts or other arrangements related to the Business
(true and complete copies or, if none, reasonably complete and accurate written
descriptions of which, together with all amendments and supplements thereto and
all waivers of any terms thereof, have been delivered to Purchaser prior to the
execution of this Agreement) to which Seller is a party and by which any of the
Assets is bound:
 
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(i) (A) all Contracts (excluding Benefit Plans) providing for a commitment of
employment or consultation services for a specified or unspecified term to, or
otherwise relating to employment or the termination of employment of, any
Employee, the name, position and rate of compensation of each Employee party to
such a Contract and the expiration date of each such Contract; and (B) any
written or unwritten representations, commitments, promises, communications or
courses of conduct (excluding Benefit Plans) involving an obligation of Seller
to make payments, other than with respect to salary in the ordinary course of
business, to any Employee;

(ii) all Contracts with any Person containing any provision or covenant
prohibiting or limiting the ability of Seller to engage in any business activity
or compete with any Person in connection with the Business or prohibiting or
limiting the ability of any Person to compete with Seller in connection with the
Business;

(iii) all partnership, joint venture or other similar Contracts with any Person
in connection with the Business;

(iv) all Contracts with licensors, licensees, sales agencies or franchises with
whom Seller deals in connection with the Business;

(v) all Sales Rep Agreements (together with a list of the merchant contracts
entered into with respect to each such agreement);

(vi) all Contracts between or among Seller, on the one hand, and any officer,
director, Affiliate or Associate of Seller or any Associate of any such officer,
director or Affiliate, on the other hand;

(vii) all collective bargaining or similar labor Contracts;

(viii) all other Contracts with respect to the Business that (A) involve the
payment or potential payment, pursuant to the terms of any such Contract, by or
to Seller of more than $10,000 annually and (B) cannot be terminated within
thirty (30) days after giving notice of termination without resulting in any
material cost or penalty to Seller.

(b) Each Contract required to be disclosed in Section 2.13(a) of the Disclosure
Schedule is in full force and effect and constitutes a legal, valid and binding
agreement, enforceable in accordance with its terms, of each party thereto; and
Seller nor, to the Knowledge of Seller, any other party to such Contract is, or
has received notice that it is, in violation or breach of or default under any
such Contract (or with notice or lapse of time or both, would be in violation or
breach of or default under any such Contract) in any respect.
 
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(c) There are at least 900 merchant contracts pursuant to which Seller obtains
revenues under the Sales Rep Agreements. Each such merchant contract is in full
force and effect as of the date hereof.

2.14 Licenses. Section 2.14 of the Disclosure Schedule contains a true and
complete list of all material Licenses used or held for use in the Business (and
all pending applications for any such Licenses), setting forth the grantor, the
grantee, the function and the expiration and renewal date of each. Prior to the
execution of this Agreement, Seller has delivered or made available to Purchaser
true and complete copies of all such Licenses. Except as disclosed in Section
2.17 of the Disclosure Schedule: (a) Seller owns or validly holds all Licenses
that are material to the Business; (b) each License is valid, binding and in
full force and effect; (c) Seller is not, nor has it received any notice that it
is, in default (or with the giving of notice or lapse of time or both, would be
in default) under any License; and (d) as of the Effective Date, all such
Licenses will be validly assigned to Purchaser.

2.15 Affiliate Transactions. Except as disclosed in Section 2.15 of the
Disclosure Schedule, no officer, director, Affiliate or Associate of Seller or
any Associate of any such officer, director or Affiliate (a) has any ownership
interest, directly or indirectly, in any competitor, supplier or customer of
Seller, (b) has any outstanding loan to or from Seller, or (c) is a party to or
has any interest in any Contract with Seller.

2.16 Employees; Labor Relations.
 
(a) Section 2.16(a) of the Disclosure Schedule contains a list of the name of
each Employee, together with such Employee’s position or function, annual base
salary or wages and any incentive or bonus arrangement with respect to such
Employee in effect as of the date hereof. Each Employee has executed a
nondisclosure agreement in the form provided to Purchaser. To the Knowledge of
Seller, no Employee is in violation of any agreement relating to the
relationship of such Employee with Seller.
 
(b) Except as disclosed in Section 2.16(b) of the Disclosure Schedule, (i) no
Employee is presently a member of a collective bargaining unit and, to the
Knowledge of Seller, there are no threatened or contemplated attempts to
organize for collective bargaining purposes any of the Employees, and (ii) no
unfair labor practice complaint or sex, age, race or other discrimination claim
has been brought against Seller with respect to the conduct of the Business
before the National Labor Relations Board, the Equal Employment Opportunity
Commission or any other Governmental or Regulatory Authority. Seller is in
compliance with all applicable Laws relating to the employment of labor,
including, without limitation those relating to wages, hours and collective
bargaining with respect to the Employees.
 
2.17 Investigation by Seller; Parent Shares. The Seller acknowledges that the
Seller and its representatives have had an opportunity to ask questions of and
receive answers from the Parent, or persons acting on the Parent’s behalf,
concerning the financial condition and performance of the Parent and to view the
books and records of the Parent, and that such inquiry and review were completed
to the Seller’s satisfaction. . The Seller’s representatives have such knowledge
and experience in financial, securities, investment and other business maters
that they are capable of evaluating the merits and risks of the acquisition of
the Parent Shares and are able to adequately protect the interest of the Seller.
The Seller can bear the risks of the investment in the Parent Shares for an
indefinite period. The Parent Shares are being acquired for the Seller’s own
account for investment and not with a view to distribution or resale and Seller
has no immediate plans to sell, pledge, transfer or hypothecate the Parent
Shares. Seller acknowledges that Seller will be an “affiliate” of Parent, as
defined by the Securities Act of 1933, and that Seller is aware of the
requirements and restrictions applicable to Seller as a result of such status.
Seller agrees that it will comply with all securities laws, rules and
regulations relating to its holding, ownership and sale of the Parent Shares.

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2.18 Title; Condition of Assets. Seller has good and marketable title to the
Assets free and clear of all Liens. The Assets are in good working condition,
normal wear and tear excepted, and are suitable for their intended purposes.

2.19 Entire Business. The sale of the Assets by Seller to Purchaser pursuant to
this Agreement will effectively convey to Purchaser the entire Business and all
of the tangible and intangible assets and property used by Seller (whether
owned, leased or held under license by Seller, by any of Seller’s Affiliates or
Associates or by others) in connection with the conduct of the Business as
heretofore conducted by Seller, other than cash, bank accounts and receivables
existing as of the Effective Date. There are no shared facilities or services
which are used in connection with the Business and any other business or other
operations of Seller or any of Seller’ respective Affiliates or Associates.

2.20 Disclosure. No representation or warranty contained in this Agreement, and
no statement contained in the Disclosure Schedule (including without limitation
the Financial Statements) contains any untrue statement of a material fact or
omits to state a material fact necessary in order to make the statements herein
or therein, in the light of the circumstances under which they were made, not
misleading.
 
2.21 Brokers. All negotiations relative to this Agreement and the transactions
contemplated hereby have been carried out by Seller directly with Purchaser
without the intervention of any Person on behalf of Seller in a manner as to
give rise to any valid claim by any Person against Purchaser for a finder’s fee,
brokerage commission or similar payment.
 
ARTICLE III
REPRESENTATIONS AND WARRANTIES OF PURCHASER

Purchaser hereby represents and warrants to Seller as follows:

3.01 Organization, Standing and Power. Purchaser is a corporation duly
organized, validly existing and in good standing under the Laws of the
jurisdiction of its incorporation.

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3.02 Authority. The execution and delivery by Purchaser of this Agreement and
the Operative Agreements to which it is a party, and the performance by
Purchaser of its obligations hereunder and thereunder, have been duly and
validly authorized by the Board of Directors of Purchaser, no other corporate
action on the part of Purchaser being necessary. This Agreement has been duly
and validly executed and delivered by Purchaser and, assuming the due
authorization, execution and delivery of this Agreement and the Operative
Agreements by Seller, constitutes, and upon the execution and delivery by
Purchaser of the Operative Agreements to which it is a party, such Operative
Agreements will constitute, legal, valid and binding obligations of Purchaser
enforceable against Purchaser in accordance with their respective terms, subject
to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and
similar laws of general applicability relating to creditors rights and to
general principles of equity.

3.03 No Conflicts. The execution and delivery by Purchaser of this Agreement
does not, and the execution and delivery by Purchaser of the Operative
Agreements to which it is a party, the performance by Purchaser of its
obligations under this Agreement and such Operative Agreements and the
consummation of the transactions contemplated hereby and thereby will not: (a)
conflict with or result in a violation or breach of any of the terms, conditions
or provisions of the articles or certificate of incorporation or by-laws of
Purchaser; or (b) conflict with or result in a material violation or breach of
any term or provision of any Law or Order applicable to Purchaser or any of its
assets and properties.

3.04 Governmental Approvals and Filings. No consent, approval or action of,
filing with or notice to any Governmental or Regulatory Authority on the part of
Purchaser is required in connection with the execution, delivery and performance
of this Agreement or the Operative Agreements to which it is a party or the
consummation of the transactions contemplated hereby or thereby.

3.05 Legal Proceedings. There are no Actions or Proceedings pending against,
relating to or affecting Purchaser or any of its assets and properties which
could reasonably be expected to result in the issuance of an Order restraining,
enjoining or otherwise prohibiting or making illegal the consummation of any of
the transactions contemplated by this Agreement or any of the Operative
Agreements.

3.06 Brokers. All negotiations relative to this Agreement and the transaction
contemplated hereby have been carried out by Purchaser directly with Seller
without the intervention of any Person on behalf of Purchaser in a manner as to
give rise to any valid claim by any Person against Seller for a finder’s fee,
brokerage commission or similar payment.
 
ARTICLE IV
CLOSING DELIVERIES

Contemporaneously herewith, Seller shall deliver to Purchaser the following:

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(i) Employment Agreement duly executed by Victor Gerber;

(ii) Non-competition/Non-solicitation agreement, duly executed by Victor Gerber,

(iii)  Intentionally left blank.

(iv) Consents executed by each Processor approving the assignment to Purchaser
of each of their respective contracts with Seller.

(v) Consent of each landlord for the premises subject to the leases, consenting
to the assignment of the Leases to Buyer.

(vi) Bill of Sale

(vii) Copyright Assignment, pursuant to which Seller assigns all right, title
and interest in and to the proprietary software owned or used by Seller in the
Business.

(viii) Opinion of Counsel to Seller

(ix) Evidence of the approval of the transactions contemplated herein by
Seller’s board of directors and shareholders.

(x) Evidence of the assignment to Seller of all right, title and interest in all
deliverables provided by Howard Falcon, or any of his Affiliates, to Seller, and
confirmation of Seller’s exclusive ownership interest therein.

(xi) Documents necessary to transfer the Domain Names.

(xii) Such other documents of transfer as may be necessary to transfer the
Domain Name, the telephone number and any of the other Assets, and to perfect
title therein in Purchaser.

ARTICLE V
SURVIVAL OF REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS

5.01 Survival of Representations, Warranties, Covenants and Agreements.
Notwithstanding any right of Purchaser (whether or not exercised) to investigate
the Business or any right of any party (whether or not exercised) to investigate
the accuracy of the representations and warranties of the other party contained
in this Agreement, Purchaser has the right to rely fully upon the
representations and warranties of Seller contained in this Agreement. The
representations, warranties, covenants and agreements of the parties contained
in this Agreement will survive the consummation of the Acquisition indefinitely.

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ARTICLE VI
INDEMNIFICATION; POST-CLOSING OBLIGATIONS

6.01 Indemnification.
 
Subject to the other Sections of this Article VI, Seller shall indemnify the
Purchaser Indemnified Parties in respect of, and hold each of them harmless from
and against, any and all Losses suffered, incurred or sustained by any of them
or to which any of them becomes subject, resulting from, arising out of or
relating to (i) any misrepresentation or breach of warranty on the part of
Seller contained in this Agreement (determined in all cases as if the terms
“material” or “materially” were not included therein); (ii) any nonfulfillment
of or failure to perform any covenant or agreement on the part of Seller
contained in this Agreement; (iii) any Loss suffered by Purchaser from the
operation of the Business prior to the Effective Date, and (iv) any failure of
Seller to transfer the Assets to Purchaser free and clear of all Liens (other
than Permitted Liens).

6.02 Method of Asserting Claims. All claims for indemnification by any
Indemnified Party under Section 6.01 will be asserted and resolved as follows:
 
(a) In the event any claim or demand in respect of which an Indemnified Party
might seek indemnity under Section 6.01 is asserted against or sought to be
collected from such Indemnified Party by a Person other than a Purchaser
Indemnified Party (a “Third Party Claim”), the Indemnified Party shall deliver a
Claim Notice with reasonable promptness to the Indemnifying Party. If the
Indemnified Party fails to provide the Claim Notice with reasonable promptness
after the Indemnified Party receives notice of such Third Party Claim, the
Indemnifying Party will not be obligated to indemnify the Indemnified Party with
respect to such Third Party Claim, but only to the extent that the Indemnifying
Party’s ability to defend has been irreparably prejudiced by such failure of the
Indemnified Party. The Indemnifying Party will notify the Indemnified Party as
soon as practicable within the Dispute Period whether the Indemnifying Party
disputes its liability to the Indemnified Party under Section 6.02 and whether
the Indemnifying Party desires, at its sole cost and expense, to defend the
Indemnified Party against such Third Party Claim.
 
(i) If the Indemnifying Party notifies the Indemnified Party within the Dispute
Period that the Indemnifying Party desires to defend the Indemnified Party with
respect to the Third Party Claim pursuant to this Section 6.02(a), then the
Indemnifying Party will have the right to defend, with counsel reasonably
satisfactory to the Indemnified Party, at the sole cost and expense of the
Indemnifying Party, such Third Party Claim by all appropriate proceedings, which
proceedings will be reasonably and diligently prosecuted by the Indemnifying
Party to a final conclusion or will be settled at the discretion of the
Indemnifying Party (but only with the consent of the Indemnified Party in the
case of any settlement that provides for any relief other than the payment of
monetary damages or that provides for the payment of monetary damages as to
which the Indemnified Party will not be indemnified in full by reason of Section
6.03). The Indemnifying Party will have full control of such defense and
proceedings, including any compromise or settlement thereof; provided, however,
that the Indemnified Party may, at the sole cost and expense of the Indemnified
Party, at any time subsequent to the delivery of a Claim Notice to the
Indemnified Party and prior to the Indemnifying Party’s delivery of the notice
referred to in the first sentence of this Section 6.02(a)(i), file any motion,
answer or other pleadings or take any other action that the Indemnified Party
reasonably believes to be necessary or appropriate to protect its interests; and
provided further, that if requested by the Indemnifying Party, the Indemnified
Party will, at the sole cost and expense of the Indemnifying Party, provide
reasonable cooperation to the Indemnifying Party in contesting any Third Party
Claim that the Indemnifying Party elects to contest; and provided, further, that
the Indemnified Party may choose separate counsel at the sole cost and expense
of the Indemnifying Party in the event that a conflict of interest arises
between the Indemnified Party and the Indemnifying Party. The Indemnified Party
may participate in, but not control, any defense or settlement of any Third
Party Claim controlled by the Indemnifying Party pursuant to this Section
6.02(a)(i), and except as provided in the preceding sentence, the Indemnified
Party will bear its own costs and expenses with respect to such participation.
Notwithstanding the foregoing, the Indemnified Party may take over the control
of the defense or settlement of a Third Party Claim at any time if it
irrevocably waives its right to indemnity under Section 6.02 with respect to
such Third Party Claim.

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(ii) If the Indemnifying Party fails to assume the defense of the Third Party
Claim within the Dispute Period or fails to prosecute reasonably and diligently
or settle the Third Party Claim, then the Indemnified Party will have the right
to defend, at the sole cost and expense of the Indemnifying Party, the Third
Party Claim by all appropriate proceedings, which proceedings will be prosecuted
by the Indemnified Party in a reasonable manner and in good faith or will be
settled at the discretion of the Indemnified Party (with the consent of the
Indemnifying Party, which consent will not be unreasonably withheld). The
Indemnified Party will have full control of such defense and proceedings,
including any compromise or settlement thereof; provided, however, that if
requested by the Indemnified Party, the Indemnifying Party will, at the sole
cost and expense of the Indemnifying Party, provide reasonable cooperation to
the Indemnified Party and its counsel in contesting any Third Party Claim which
the Indemnified Party is contesting. Notwithstanding the foregoing provisions of
this Section 6.02(a)(ii), if the Indemnifying Party has notified the Indemnified
Party within the Dispute Period that the Indemnifying Party disputes its
liability hereunder to the Indemnified Party with respect to such Third Party
Claim and if such dispute is resolved in favor of the Indemnifying Party in the
manner provided in clause (iii) below, the Indemnifying Party will not be
required to bear the costs and expenses of the Indemnified Party’s defense
pursuant to this Section 6.02(a)(ii) or of the Indemnifying Party’s
participation therein at the Indemnified Party’s request, and the Indemnified
Party will reimburse the Indemnifying Party in full for all reasonable costs and
expenses incurred by the Indemnifying Party in connection with such litigation.
The Indemnifying Party may participate in, but not control, any defense or
settlement controlled by the Indemnified Party pursuant to this Section
6.02(a)(ii), and the Indemnifying Party will bear its own costs and expenses
with respect to such participation.

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(iii) If the Indemnifying Party notifies the Indemnified Party that it does not
dispute its liability to the Indemnified Party with respect to the Third Party
Claim under Section 6.02, or if the Indemnifying Party fails to deliver a notice
to the Indemnified Party within the Dispute Period, then the Loss in the amount
specified in the Claim Notice will be conclusively deemed a liability of the
Indemnifying Party under Section 6.02 and the Indemnifying Party shall pay the
amount of such Loss to the Indemnified Party on demand. Purchaser shall have the
right to set off any amounts Seller owes it under this Section 6.02 against the
Purchase Price or the Earnout.
 
(b) In the event any Indemnified Party has a claim under Section 6.02 against
any Indemnifying Party that does not involve a Third Party Claim, the
Indemnified Party shall deliver an Indemnity Notice with reasonable promptness
to the Indemnifying Party. The failure by any Indemnified Party to give the
Indemnity Notice shall not impair such party’s rights hereunder except to the
extent that an Indemnifying Party demonstrates that it has been irreparably
prejudiced thereby. If the Indemnifying Party notifies the Indemnified Party
that it does not dispute the claim described in such Indemnity Notice, or if the
Indemnifying Party fails to deliver a notice to the Indemnified Party within the
Dispute Period, then the Loss in the amount specified in the Indemnity Notice
will be conclusively deemed a liability of the Indemnifying Party under Section
6.02 and the Indemnifying Party shall pay the amount of such Loss to the
Indemnified Party on demand.

6.03 Employee Matters. Purchaser shall offer employment to the Employees of
Seller listed on Schedule 6.03. Except as provided in the preceding sentence,
Purchaser shall have no obligation to offer employment to or employ any
Employees. Purchaser shall have no liability in respect of any Employees for
salary, compensation, severance, stock options or stock option plans, health,
welfare, retirement or other benefits arising out of employment with Seller.
Seller shall indemnify and hold Purchaser harmless against any and all damages,
losses and liabilities associated with or related to the failure of Seller to
pay any amounts due to Employees and arising out of their employment with a
Seller.

6.04 Further Assurances; Post-Closing Cooperation. At any time or from time to
time after the Effective Date, at Purchaser’s request, without further
consideration, Seller shall execute and deliver to Purchaser such other
instruments of sale, transfer, conveyance, assignment and confirmation, provide
such materials and information and take such other actions as Purchaser may
reasonably deem necessary or desirable in order more effectively to transfer,
convey and assign to Purchaser, and to confirm Purchaser’ title to, all of the
Business and the Assets, and, to the full extent permitted by Law, to put
Purchaser in actual possession and operating control of the Assets and to assist
Purchaser in exercising all rights with respect thereto, and otherwise to cause
Seller to fulfill its obligations under this Agreement and the Operative
Agreements. In addition, each Party agrees to cooperate with the other to the
extent that it receives funds that belong to the other. For example, in the
event that Purchaser receives revenues from any contracts assumed hereunder that
relate to the period prior to the Effective Date, it shall promptly remit such
amounts to Seller. Similarly, if Seller receives any revenues from the contracts
assumed by Purchaser hereunder and that relate to a period subsequent to the
Effective Date, Seller shall promptly remit such amounts to Purchaser.

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6.05 Access to Records. Following the Effective Date, each party will afford the
other party, its counsel and its accountants, during normal business hours,
reasonable access to the books, records and other data relating to the Business
in its possession with respect to periods prior to the Effective Date and the
right to make copies and extracts therefrom, to the extent that such access may
be reasonably required by the requesting party in connection with (a) the
preparation of Tax Returns, (b) the determination or enforcement of rights and
obligations under this Agreement, (c) compliance with the requirements of any
Governmental or Regulatory Authority, (d) the determination or enforcement of
the rights and obligations of any Indemnified Party or (e) in connection with
any actual or threatened Action or Proceeding. Further each party agrees for a
period extending five (5) years after the EffectiveDate not to destroy or
otherwise dispose of any such books, records and other data unless such party
shall first offer in writing to surrender such books, records and other data to
the other party and such other party shall not agree in writing to take
possession thereof during the ten (10) day period after such offer is made.
Notwithstanding anything to the contrary contained in this Section 6.05, if the
parties are in an adversarial relationship in litigation or arbitration, the
furnishing of information, documents or records relating to the matter in
dispute shall be subject to applicable rules relating to discovery.

6.06 Taxes. Seller shall assume and pay all liabilities for sales, use, transfer
and other Taxes arising from the transfer of the Assets to Purchaser.

6.07 Public Announcements. Neither party hereto will issue any press release or
make any other public announcement relating to the transactions contemplated by
this Agreement without the prior consent of the other party hereto, except that
a party may make any disclosure required to be made under applicable law or
stock exchange rule if such party determines in good faith that it is necessary
to do so and, if practicable, gives prior notice to the other party.
6.08 Name Change. Seller shall, within thirty (30) days after the Effective
Date, change its corporate name so that it does not contain the term “*” or any
other words that could be confusingly similar thereto. In addition, Seller
agrees that, it shall not utilize any fictitious name that contains the term
“Atlas.”

6.09 Release of Financing Statements. Seller agrees that it shall, promptly and,
in any event within sixty (60) days following the Effective Date, cause
termination statements to be filed with respect to all UCC financing statements
that are of record in any jurisdiction as of the Effective Date and that list
Seller as the debtor.

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ARTICLE VII
RIGHT OF FIRST REFUSAL
 
In the event that Seller desires to sell any Parent Shares, it shall first offer
the right to Purchaser to purchase such shares as set forth below:

(i) Before Disposing of any Parent Shares, Seller shall deliver to Purchaser a
written notice (the “Transfer Notice”) setting forth (A) Seller’s intention to
Dispose of all or a portion of the Parent Shares, and (B) the number of Parent
Shares Seller proposes to Dispose of (the “Offered Shares”)

(ii) Purchaser shall have the irrevocable and exclusive option, but not the
obligation, to purchase the Parent Shares to be Disposed of for a price equal to
the average closing bid price for the Parent Shares for the five days
immediately preceding the day the Transfer Notice is delivered to Purchaser.
Such option shall be exercised by notifying Seller as to such number of the
Offered Shares that Purchaser intends to purchase, within 20 days (the “Response
Period”) of the delivery of the Transfer Notice to Purchaser. Failure by
Purchaser to deliver the notice required by, and within the time frame set forth
in, this Article VII shall be deemed an election not to purchase the Offered
Shares.

(iii) In the event that Purchaser fails to elect to purchase all of the Offered
Shares within the Response Period in accordance with Section (ii) above, or
fails to close within sixty days after the expiration of the Response Period
through no fault of Seller, the election, if any, made pursuant to said Section
shall, at Seller’s option, be null and void and of no force or effect;
whereupon, Seller may Dispose of the number of Parent Shares set forth in the
Transfer Notice within a period of 120 days following the expiration of the
Response Period (the “Third Party Closing Date”). If the proposed Disposition is
not completed on or before the Third Party Closing Date, no Disposition of such
shares shall be effected except pursuant to a new Transfer Notice and otherwise
in accordance with this Article VII.

ARTICLE VIII
DEFINITIONS

8.01 Definitions. In addition to terms defined elsewhere in this Agreement, the
following defined terms have the meanings indicated below:

“Acquisition” means the purchase and sale of the Assets pursuant to this
Agreement.

“Actions or Proceedings” means any action, suit, proceeding, arbitration or
Governmental or Regulatory Authority investigation or audit.

“Affiliate” means any Person that directly, or indirectly through one of more
intermediaries, controls or is controlled by or is under common control with the
Person specified. For purposes of this definition, control of a Person means the
power, direct or indirect, to direct or cause the direction of the management
and policies of such Person whether by Contract or otherwise and, in any event
and without limitation of the previous sentence, any Person having record
ownership of ten percent (10%) or more of the voting securities of another
Person shall be deemed to control that Person.

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“Associate” means, with respect to any Person, any corporation or other business
organization of which such Person is an officer or partner or is the beneficial
owner, directly or indirectly, of ten percent (10%) or more of any class of
equity securities, any trust or estate in which such Person has a substantial
beneficial interest or as to which such Person serves as a trustee or in a
similar capacity and any relative or spouse of such Person, who has the same
home as such Person.

“Books and Records” of any Person means all files, documents, instruments,
papers, books and records relating to the business, operations, condition of
(financial or other), results of operations and assets and properties of such
Person, including without limitation, budgets, pricing guidelines, ledgers,
journals, Contracts, Licenses, customer lists, computer files and programs,
retrieval programs and operating data.

“Business Day” means a day other than Saturday, Sunday or any day on which banks
located in the state of Florida are authorized or obligated to close.

“Claim Notice” means written notification pursuant to Section 6.02(a) of a Third
Party Claim as to which indemnity under Section 6.01 is sought by an Indemnified
Party, enclosing a copy of all papers served, if any, and specifying the nature
of and basis for such Third Party Claim and for the Indemnified Party’s claim
against the Indemnifying Party under Section 6.01, together with the amount or,
if not then reasonably ascertainable, the estimated amount, determined in good
faith, of such Third Party Claim.

“Code” means the Internal Revenue Code of 1986, as amended, and the rules and
regulations promulgated thereunder.

“Condition of the Business” means the business, condition (financial or
otherwise), results of operations, assets, properties and prospects of the
Business.

“Contract” means any agreement, lease, license, evidence of Indebtedness,
mortgage, indenture, security agreement or other contract (whether written or
oral).

“Disclosure Schedule” means the record delivered to Purchaser by Seller herewith
and dated as of the date hereof, , containing all lists, descriptions,
exceptions and other information and materials as are required to be included
therein by Seller pursuant to this Agreement.

“Dispose of” or “Disposition” or words of similar import (as the context may
require) means any transfer, assignment, or grant of any right or interest
relating thereto, whether voluntary or involuntary, and whether for value or
not, during a Person’s lifetime or by reason of death, whether by sale,
exchange, pledge, encumbrance, gift, judicial attachment, contribution to a
trust or other entity, property settlement upon divorce, bequest or otherwise.
 
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“Dispute Period” means the period ending thirty (30) days following receipt by
an Indemnifying Party of either a Claim Notice or an Indemnity Notice.

“Employee” means each current employee, officer or consultant of Seller engaged
in the conduct of the Business.

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended,
and the rules and regulations promulgated thereunder.

“GAAP” means generally accepted accounting principles in the United States.

“Governmental or Regulatory Authority” means any court, tribunal, arbitrator,
authority, agency, commission, official or other instrumentality of the United
States, any foreign country or any domestic or foreign state, county, city or
other political subdivision.

“Indebtedness” of any Person means all obligations of such Person (i) for
borrowed money, (ii) evidenced by notes, bonds, debentures or similar
instruments, (iii) for the deferred purchase price of goods or services (other
than trade payables or accruals incurred in the ordinary course of business),
(iv) under capital leases and (v) in the nature of guarantees of the obligations
described in clauses (i) through (iv) above of any other Person.

“Indemnified Party” means any Person claiming indemnification under any
provision of Article V.

“Indemnifying Party” means any Person against whom a claim for indemnification
is being asserted under any provision of Article VI, including without
limitation a Person against whom a claim is asserted pursuant to Section 6.02.

“Indemnity Notice” means written notification pursuant to Section 6.02(b) of a
claim for indemnity under Article VI by an Indemnified Party, specifying the
nature of and basis for such claim, together with the amount or, if not then
reasonably ascertainable, the estimated amount, determined in good faith, of
such claim.

“Intellectual Property” means all patents and patent rights, trademarks and
trademark rights, trade names and trade name rights, domain names, service marks
and service mark rights, service names and service name rights, brand names,
inventions, processes, methods, designs, devices, tools, specifications,
techniques, algorithms, formulae, improvements, copyrights and copyright rights,
trade dress, business and product names, logos, slogans, trade secrets,
industrial models, computer programs, software (whether in source or object
code) and related documentation, technical information, manufacturing,
engineering and technical drawings, know-how and all pending applications for
and registrations of patents, trademarks, service marks and copyrights.

“Knowledge” means in the case of an individual that he will be deemed to have
Knowledge of a particular fact or other matter if such individual is actually
aware of such fact or other matter or would be expected to be aware of such fact
or matter after due inquiry. When used with respect to the Seller, Knowledge
means the Knowledge of Victor Gerber, Bruce Reisman or Merredith Brewer.

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“Laws” means all laws, statutes, rules, regulations, ordinances and other
pronouncements having the effect of law of the United States, any foreign
country or any domestic or foreign state, county, city or other political
subdivision or of any Governmental or Regulatory Authority.

“Liabilities” means all Indebtedness, obligations and other liabilities of a
Person (whether absolute, accrued, contingent, fixed or otherwise, or whether
due or to become due).

“Licenses” means all licenses, permits, certificates of authority,
authorizations, approvals, registrations, franchises and similar consents
granted or issued by any Governmental or Regulatory Authority.

“Liens” means any mortgage, pledge, assessment, security interest, lease, lien,
adverse claim, levy, charge or other encumbrance of any kind, or any conditional
sales Contract, title retention Contract or other Contract to give any of the
foregoing.

“Loss” means any and all damages, fines, fees, penalties, deficiencies, losses
and expenses (including without limitation interest, court costs, reasonable
fees of attorneys, accountants and other experts or other expenses of litigation
or other proceedings or of any claim, default or assessment).

“Operative Agreements” means, collectively, the other agreements to be entered
into in connection with the Acquisition.

“Order” means any writ, judgment, decree, injunction or similar order of any
Governmental or Regulatory Authority (in each such case whether preliminary or
final).

“Permitted Lien” means (i) any Lien for Taxes not yet due or delinquent or being
contested in good faith by appropriate proceedings for which adequate reserves
have been established in accordance with GAAP, (ii) any statutory Lien arising
in the ordinary course of business by operation of Law with respect to a
Liability that is not yet due or delinquent and (iii) any minor imperfection of
title or similar Lien which individually or in the aggregate with other such
Liens does not materially impair the value of the property subject to such Lien
or the use of such property in the conduct of the Business.

“Person” means any natural person, corporation, general partnership, limited
partnership, limited liability company, proprietorship, other business
organization, trust, union, association or Governmental or Regulatory Authority.

“Pre-Closing Tax Period” means any Tax period (or portion thereof) ending on or
before the close of business on the Effective Date.
 
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“Purchaser Indemnified Parties” means Purchaser and the Parent, and each of
their respective officers, directors, employees, agents and Affiliates.
 
“Representative” means a Person’s directors, officers, employees, agents,
consultants, advisors or other representatives, including legal counsel and
accountants.

“Resolution Period” means the period ending thirty (30) days following receipt
by an Indemnified Party of a written notice from an Indemnifying Party stating
that it disputes all or any portion of a claim set forth in a Claim Notice or an
Indemnity Notice.

“Tax Returns” means any return, declaration, report, claim for refund, or
information return or statement relating to Taxes, including any schedule or
attachment thereto, and including any amendment thereof.

“Taxes” means any federal, state, local, or foreign income, gross receipts,
license, payroll, employment, excise, severance, stamp, occupation, premium,
windfall profits, environmental (including taxes under Code Sec. 59A), customs
duties, capital stock, franchise, profits, withholding, social security (or
similar), unemployment, disability, real property, personal property, sales,
use, transfer, registration, value added, alternative or add-on minimum,
estimated, or other tax of any kind whatsoever, including any interest, penalty,
or addition thereto, whether disputed or not.
 
ARTICLE IX
MISCELLANEOUS

9.01 Notices. All notices, requests and other communications hereunder must be
in writing and will be deemed to have been duly given only if delivered
personally or by facsimile transmission or mailed (first class postage prepaid)
to the parties at the following addresses or facsimile numbers:
 
If to Purchaser, to:

Fnds3000 Corp.
818 A1A North
Suite 201
Ponte Vedra Beach 32082
Attn: Michael Dodak

with a copy to:

Smith, Gambrell & Russell, LLP
50 N. Laura Street
Suite 2600
Jacksonville, Florida 32202
Facsimile No.: (904) 598-6229
Attn: Adam J. Buss, Esq.

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If to Seller, to:

with a copy to:

Melvin Drukman, Esq.
Melvin Drukman, P.C.
1756 Century Blvd., Suite B
Atlanta, GA 30345
 
All such notices, requests and other communications will (a) if delivered
personally to the address as provided in this Section, be deemed given upon
delivery, (b) if delivered by facsimile transmission to the facsimile number as
provided in this Section, be deemed given upon receipt, and (c) if delivered by
mail in the manner described above to the address as provided in this Section,
be deemed given upon receipt. Any party from time to time may change its
address, facsimile number or other information for the purpose of notices to
that party by giving notice specifying such change to the other party hereto.

9.02 Entire Agreement. This Agreement, the Operative Agreements and the
Nondisclosure Agreements supersede all prior discussions and agreements between
the parties with respect to the subject matter hereof and thereof between the
parties, and contain the sole and entire agreement between the parties hereto
with respect to the subject matter hereof and thereof. EXCEPT AS SPECIFICALLY
SET FORTH IN THIS AGREEMENT, THE NONDISCLOSURE AGREEMENTS OR THE OPERATIVE
AGREEMENTS, NEITHER PARTY MAKES ANY REPRESENTATIONS OR WARRANTIES, EXPRESS OR
IMPLIED, RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT AND THE OPERATIVE
AGREEMENTS.

9.03 Expenses. Except as otherwise expressly provided in this Agreement, whether
or not the transactions contemplated hereby are consummated, each party will pay
its own costs and expenses (including without limitation all broker’s or
finder’s fees) incurred in connection with the negotiation, execution and
closing of this Agreement and the Operative Agreements and the transactions
contemplated hereby and thereby.
 
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9.04 Waiver. Any term or condition of this Agreement may be waived at any time
by the party that is entitled to the benefit thereof, but no such waiver shall
be effective unless set forth in a written instrument duly executed by or on
behalf of the party waiving such term or condition. No waiver by any party of
any term or condition of this Agreement, in any one or more instances, shall be
deemed to be or construed as a waiver of the same or any other term or condition
of this Agreement on any future occasion. All remedies, either under this
Agreement or by Law or otherwise afforded, will be cumulative and not
alternative.

9.05 Amendment. This Agreement may be amended, supplemented or modified only by
a written instrument duly executed by or on behalf of each party hereto.

9.06 No Third Party Beneficiary. The terms and provisions of this Agreement are
intended solely for the benefit of each party hereto and their respective
successors or permitted assigns, and it is not the intention of the parties to
confer third-party beneficiary rights upon any other Person other than any
Person entitled to indemnity under Article VI.

9.07 No Assignment; Binding Effect. Neither this Agreement nor any right,
interest or obligation hereunder may be assigned by any party hereto without the
prior written consent of the other party hereto and any attempt to do so will be
void, except (a) for assignments and transfers by operation of Law and (b) that
Purchaser may assign any or all of its rights, interests and obligations
hereunder to (i) a wholly-owned subsidiary, provided that any such subsidiary
agrees in writing to be bound by all of the terms, conditions and provisions
contained herein or (ii) any post-Closing purchaser of the Business or a
substantial part of the Assets, but no such assignment shall relieve Purchaser
of its obligations hereunder. Subject to the preceding sentence, this Agreement
is binding upon, inures to the benefit of and is enforceable by the parties
hereto and their respective successors and assigns.

9.08 Headings. The headings used in this Agreement have been inserted for
convenience of reference only and do not define or limit the provisions hereof.

9.09 Invalid Provisions. If any provision of this Agreement is held to be
illegal, invalid or unenforceable under any present or future Law, and if the
rights or obligations of any party hereto under this Agreement will not be
materially and adversely affected thereby, (a) such provision will be fully
severable, (b) this Agreement will be construed and enforced as if such illegal,
invalid or unenforceable provision had never comprised a part hereof, (c) the
remaining provisions of this Agreement will remain in full force and effect and
will not be affected by the illegal, invalid or unenforceable provision or by
its severance herefrom and (d) in lieu of such illegal, invalid or unenforceable
provision, there will be added automatically as a part of this Agreement a
legal, valid and enforceable provision as similar in terms to such illegal,
invalid or unenforceable provision as may be possible.
 
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9.10 Governing Law. This Agreement shall be governed by and construed in
accordance with the Laws of the State of Florida, without giving effect to the
conflicts of laws principles thereof. Any dispute under or relating to this
Agreement or the transactions contemplated hereunder may only be brought in the
state coursts sitting in Duval County, Florida. Each of the Parties hereto
consents to the jurisdiction of such courts and agrees not to raise any defense
to the laying of venue therein including, without limitation, the defense of
forum non conveniens.

9.11 Counterparts. This Agreement may be executed in any number of counterparts,
each of which will be deemed an original, but all of which together will
constitute one and the same instrument. Signatures delivered as facsimiles shall
be binding to the same extent as original signatures.

IN WITNESS WHEREOF, this Agreement has been duly executed and delivered by each
party as of the date first above written.

 
 
         
By: /s/Victor Gerber
 
Name: Victor Gerber
 
Title: CEO
     
 
         
By: /s/Victor Gerber
 
Name: Victor Gerber
 
Title: CEO
                 
GUARANTEE                             
  ____________________

Fnds3000, Inc. hereby unconditionally guaranties the full and prompt payment and
performance of all of Purchaser’s duties and obligations hereunder. In the event
Purchaser fails at any time or times to pay or fulfill when due, or within the
grace period therefore, any and all obligations of Purchaser which may accrue
hereunder, FNDS3000, Inc. promises to pay or satisfy, as applicable, any and all
such obligations forthwith, upon demand. This Guarantee may not be terminated,
amended or supplemented, nor may any provision be waived, except by a writing
signed by Seller, and shall bind and benefit the successors and assigns of the
FNDS3000, Inc.

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FNDS3000, INC.

By: /s/Michael J. Dodak
Name: Michael J. Dodak
Title: CEO

 
List of Exhibits:
 
Exhibit 1.01(a)(ii) - List of Phone Numbers
 
Exhibit 1.01(a)(iii) - List of other contracts assigned
 
Exhibit 1.01(b)(iv) - List of Website Domain Names Transferred
 
Exhibit 1.01(d) - List of Computers transferred
 
Exhibit 1.05 - Allocation of Purchase Price
 
Exhibit 4 - List of employee contracts
 
Seller Disclosure Schedules
 
EXHIBIT 1.05
 
ALLOCATION OF PURCHASE PRICE

 
Fixed Assets
$353,000.00

 
Merchant Portfolio
55% of remainder of purchase price

 
New Product Portfolio
45% of remainder of purchase price

 
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