EXHIBIT 4.2



 Exhibit 4.2 
 Execution Copy 
  
 REGISTRATION RIGHTS AGREEMENT 
  
 REGISTRATION
RIGHTS AGREEMENT (this “Agreement”), dated as of February 23, 2004, by and among ANDREA ELECTRONICS CORPORATION, a New York corporation, with headquarters located at 45 Melville, New York, 11747 (the “Company”), and the
undersigned Buyers (the “Buyers” and individually, a “Buyer”). 
  
 WHEREAS: 
  
 A. In
connection with the Securities Purchase and Exchange Agreement by and among the parties hereto of even date herewith (the “Securities Purchase Agreement”), the Company has agreed, upon the terms and subject to the conditions of the
Securities Purchase Agreement, to issue and sell to the Buyers, and the Buyers have agreed, severally and not jointly, to purchase: (i) an aggregate of 1,250,000 shares of the Company’s Series D Convertible Preferred Stock, par value $0.01 per
share (the “Initial Preferred Shares”), which will be convertible into shares (as converted, the “Initial Conversion Shares”) of the Company’s common stock, par value $0.01 per share (the “Common Stock”), in
accordance with the terms of the Company’s Certificate of Amendment for the Preferred D Shares (as defined in the following paragraph) of the Certificate of Incorporation of the Company (the “Series D Certificate of Amendment”), and
(ii) the warrants (the “Initial Warrants”), contemplated by the Securities Purchase Agreement to be part of the units which include the Initial Preferred Shares, exercisable to purchase shares of Common Stock (the “Initial Warrant
Shares”). 
  
 B. In connection with the Securities Purchase
Agreement, the Company has agreed, upon the terms and subject to the conditions of the Securities Purchase Agreement, to issue and sell to the Buyers, and the Buyers have agreed, severally and not jointly, to purchase: (i) 1,250,000 additional
shares of the Company’s Series D Convertible Preferred Stock (the “Additional Preferred Shares” and, collectively with the Initial Preferred Shares, the “Preferred D Shares”), which will be convertible into Common Stock (as
converted, the “Additional Conversion Shares” and, collectively with the Initial Conversion Shares, the “Conversion Shares”) in accordance with the Series D Certificate of Amendment, and (ii) warrants (the “Additional
Warrants,” and together with the Initial Warrants, the “Warrants”), contemplated by the Securities Purchase Agreement to be part of units which include the Additional Preferred Shares, exercisable to purchase shares of Common Stock
(the “Additional Warrant Shares,” and, together with the Initial Warrant Shares, the “Warrant Shares”). 
  
 C. To induce the Buyer to execute and deliver the Securities Purchase Agreement, the Company has agreed to provide certain registration rights under the
Securities Act of 1933, as amended, and the rules and regulations thereunder, or any similar successor statute (collectively, the “1933 Act”). 
  









 NOW, THEREFORE, in consideration of the premises and the mutual covenants contained herein and
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Buyers hereby agree as follows: 
  

	 	1.	DEFINITIONS. 

  
 As used in this Agreement, the following terms shall have the following meanings: 
  
 a. “Investor” means a Buyer and any transferee or assignee thereof to whom a Buyer assigns
its rights under this Agreement and who agrees to become bound by the provisions of this Agreement in accordance with Section 9. 
  
 b. “Person” means a corporation, a limited liability company, an association, a partnership, an organization, a business,
an individual, a governmental or political subdivision thereof or a governmental agency. 
  
 c. “Register, “ “registered, “ and “registration” refer to a registration effected by
preparing and filing one or more Registration Statements (as defined below) in compliance with the 1933 Act and pursuant to Rule 415 under the 1933 Act or any successor rule providing for offering securities on a continuous or delayed basis
(“Rule 415”), and the declaration or ordering of effectiveness of such Registration Statement(s) by the United States Securities and Exchange Commission (the “SEC”). 
  
 d. “Registrable Securities” means the Conversion Shares and the Warrant Shares issuable
upon conversion or exercise of the Series D Shares and Warrants purchased or to be purchased pursuant to the Securities Purchase Agreement and any shares of capital stock issued or issuable with respect to or in lieu of Conversion Shares and Warrant
Shares as a result of any stock split, stock dividend, recapitalization, exchange or similar event or otherwise, without regard to any limitations on conversions of Preferred D Shares or exercise of Warrants. 
  
 e. “Registration Statement” means a
registration statement or registration statements of the Company filed under the 1933 Act covering Registrable Securities. Additional 
  
 Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the Securities Purchase Agreement.

  

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	 	2.	REGISTRATION. 

  
 a. Mandatory Registration. 
  
 Mandatory Registration. The Company shall prepare, and, as soon as practicable, but in no event later than the earlier of (A) 60
days after the Initial Closing Date or (B) if such date is later than 30 days after the Initial Closing Date, five Business Days after the Company files its Form 10-K Annual Report for its fiscal year ended December 31, 2003 (the “ Filing
Deadline”), file with the SEC a Registration Statement or Registration Statements (as necessary) on Form S-3 covering the resale of all of the Registrable Securities relating to the Initial Preferred Shares, the Initial Warrant Shares, the
Additional Preferred Shares and the Additional Warrants (the “ Registrable Securities”). The Company shall use its best efforts to cause such Registration Statement to be declared effective by the SEC as soon as possible after satisfaction
of the Stockholder Approval Condition set forth in Section 1(d) of the Securities Purchase Agreement, provided that after satisfaction of such Stockholder Approval Condition, the Closing Date will be the later of five (5) Business Days after the
Stockholder Approval Condition is satisfied or five (5) Business Days after notice to the Company by the SEC that it will not review or has no further comments with respect to the Registration Statement, but in no event later than 110 days after the
Initial Closing Date (the “Effectiveness Deadline”). 
  
 b. Allocation of Registrable Securities. The initial number of Registrable Securities included in any Registration Statement and each increase in the number of Registrable Securities included therein shall be
allocated pro rata among the Investors based on the number of Registrable Securities held by or issuable to each Investor at the time the Registration Statement covering such initial number of Registrable Securities or increase thereof is filed with
the SEC. In the event that an Investor sells or otherwise transfers any of such Person’s Registrable Securities, each transferee shall be allocated a pro rata portion of the then remaining number of Registrable Securities included in such
Registration Statement for such transferor. Any shares of Common Stock included in a Registration Statement and which remain allocated to any Person which ceases to hold any Registrable Securities covered by such Registration Statement shall be
allocated to the remaining Investors, pro rata based on the number of Registrable Securities then held by such Investors which are covered by such Registration Statement. 
  
 c. Legal Counsel. Subject to Section 5 hereof, the Investors shall have the right to select one legal
counsel to review and oversee any offering pursuant to this Section 2 (“Legal Counsel”), which shall be Barbara R. Mittman, Esq. or such other counsel as thereafter designated by the holders of a majority of Registrable Securities.

  
 d. Ineligibility for Form S-3. In the
event that Form S-3 is not available for any registration of Registrable Securities hereunder, the Company shall (i) register the sale of the Registrable Securities on another appropriate form and (ii) undertake to register the Registrable
Securities on Form S-3 as soon as such form is available, provided that the Company shall maintain the effectiveness of the Registration Statement then in effect until such time as a 

  

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Registration Statement on Form S-3 covering the Registrable Securities has been declared effective by the SEC. 
  
 e. Effect of Failure to Obtain and Maintain Effectiveness
of Registration Statement. If (i) a Registration Statement covering all the applicable Registrable Securities and required to be filed by the Company pursuant to this Agreement is not (A) filed with the SEC on or before the applicable Filing
Deadline or (B) declared effective by the SEC on or before the applicable Effectiveness Deadline or (ii) on any day after the Registration Statement has been declared effective by the SEC and during the Registration Period, (as defined in Section
3(a) hereof), sales of the Registrable Securities cannot be made pursuant to the Registration Statement (including, without limitation, because of a failure to keep the Registration Statement effective), then, as partial relief for the damages to
any holder (who has timely furnished the requested information regarding such holder and its plan of distribution required to be included in such registration statement) by reason of any such delay in such holder’s ability to sell the
underlying shares of Common Stock (which remedy shall not be exclusive of any other remedies available at law or in equity), the Company shall pay to each such holder of Registrable Securities an amount in cash per outstanding Preferred Share held
equal to the product of (i) the stated value of such Preferred Shares multiplied by (ii) the product of (1) .0005 multiplied by (II) either (x) the number of days after the scheduled Effectiveness Deadline that the Registration Statement is not
declared effective by the SEC, (to the extent such delay is not attributable to the failure of such holder to furnish requisite information for inclusion in such Registration Statement pursuant to its obligations hereunder), or (y) the number of
days that sales cannot be made pursuant to the Registration Statement after the Registration Statement has been declared effective by the SEC (excluding days during any Allowable Grace Period (as defined in Section 3(s) and any days attributable to
changes required by the holders in the Registration Statement with respect to information relating to the holders, including without limitation, changes in the plan of distribution), as the case may be. The payments to which a holder shall be
entitled pursuant to this Section 2(e) are referred to herein as “Registration Delay Payments.” Registration Delay Payments shall be paid on the earlier of (I) the last day of the calendar month during which such Registration Delay
Payments are incurred and (II) the third business day after the event or failure giving rise to the Registration Delayed Payments is cured. 
  
 f. Rule 416. The Company and the Investors each acknowledge that each Registration Statement prepared in accordance hereunder shall
include an indeterminate number of Registrable Securities pursuant to Rule 416 under the 1933 Act so as to cover any and all Registrable Securities which may become issuable to prevent dilution resulting from stock splits, stock dividends or similar
transactions in accordance with the provisions contained in the Series D Certificate of Amendment and the Warrants (collectively, the “Rule 416 Securities”). In this regard, the Company agrees to use all reasonable efforts to ensure that
the maximum number of Registrable Securities which may be registered pursuant to Rule 416 under the 1933 Act are covered by the Registration Statement and, absent guidance from the SEC or other definitive authority to the contrary, the Company shall
use all reasonable efforts to affirmatively support and to not take any position adverse to the position that the Registration Statement filed hereunder covers all of the Rule 416 Securities. If the Company determines that the Registration


  

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Statement filed hereunder does not cover all of the Rule 416 Securities, the Company shall immediately (i) provide to each Investor written evidence setting
forth the basis for the Company’s position and the authority therefor and (ii) prepare and file an amendment to such Registration Statement or a new Registration Statement. 
  

	 	3.	RELATED OBLIGATIONS. 

  
 The Company will use its best efforts to effect the registration of the Registrable Securities in accordance with the intended method of disposition
thereof and, pursuant thereto, the Company shall have the following obligations: 
  
 a. The Company shall promptly prepare and file with the SEC a Registration Statement with respect to the Registrable Securities (but in no
event later than the applicable Filing Deadline) and use its best efforts to cause such Registration Statement relating to the Registrable Securities to become effective as soon as practicable after such filing (but in no event later than the
applicable Effectiveness Deadline). The Company shall keep each Registration Statement effective pursuant to Rule 415 at all times until the earlier of (i) the date as of which the Investors may sell all of the Registrable Securities covered by such
Registration Statement without restriction pursuant to Rule 144(k) promulgated under the 1933 Act (or successor thereto) or (ii) the date on which the Investors shall have sold all the Registrable Securities covered by such Registration Statement
(the “Registration Period”), which Registration Statement (including any amendments or supplements thereto and prospectuses contained therein) shall not contain any untrue statement of a material fact or omit to state a material fact
required to be stated therein, or necessary to make the statements therein, in light of the circumstances in which they were made, not misleading. The term “best efforts” as used in the first sentence of this Section 3(a) shall mean, among
other things, that the Company shall submit to the SEC, within two business days after the Company learns that no review of a particular Registration Statement will be made by the staff of the SEC or that the staff has no further comments on the
Registration Statement, as the case may be, a request for acceleration of effectiveness of such Registration Statement to a time and date not later than 48 hours after the submission of such request. 
  
 b. The Company shall prepare and file with the SEC such
amendments (including post-effective amendments) and supplements to a Registration Statement and the prospectus used in connection with such Registration Statement, which prospectus is to be filed pursuant to Rule 424 promulgated under the 1933 Act,
as may be necessary to keep such Registration Statement effective at all times during the Registration Period, and, during such period, comply with the provisions of the 1933 Act with respect to the disposition of all Registrable Securities of the
Company covered by such Registration Statement until such time as all of such Registrable Securities shall have been disposed of in accordance with the intended methods of disposition by the seller or sellers thereof as set forth in such
Registration Statement. In the case of amendments and supplements to a Registration Statement which are required to be filed pursuant to this Agreement (including pursuant to this Section 3(b)) by reason of the Company filing a report on Form 10-K,
Form 10-Q or Form 8-K or any analogous report under 

  

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the Securities Exchange Act of 1934, as amended (the “1934 Act”), the Company shall have incorporated such report by reference into the
Registration Statement, if applicable, or shall file such amendments or supplements with the SEC on the same day on which the 1934 Act report is filed which created the requirement for the Company to amend or supplement the Registration Statement.

  
 c. The Company shall (a) permit Legal Counsel
to review and comment upon those sections of (i) the Registration Statement which are applicable to the Investors at least five (5) business days prior to its filing with the SEC and (ii) all amendments and supplements to the Registration Statements
which are applicable to the Investors (except for Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K and any similar or successor reports) within a reasonable number of days prior to the their filing with the
SEC and (b) not file any document in a form to which Legal Counsel reasonably objects. The Company shall not submit a request for acceleration of the effectiveness of a Registration Statement or any amendment or supplement thereto without the prior
approval of Legal Counsel, which consent shall not be unreasonably withheld. The Company shall furnish to Legal Counsel, without charge, (i) any correspondence from the SEC or the staff of the SEC to the Company or its representatives relating to
any Registration Statement, (ii) promptly after the same is prepared and filed with the SEC, one copy of any Registration Statement and any amendment(s) thereto, including financial statements and schedules and all exhibits and (iii) upon the
effectiveness of any Registration Statement, one copy of the prospectus included in such Registration Statement and all amendments and supplements thereto. The Company shall reasonably cooperate with Legal Counsel in performing the Company’s
obligations pursuant to this Section 3. 
  
 d.
The Company shall furnish to each Investor whose Registrable Securities are included in the Registration Statement, without charge, (i) promptly after the same is prepared and filed with the SEC, at least one copy of such Registration Statement and
any amendment(s) thereto, including financial statements and schedules, and all exhibits and each preliminary prospectus, (ii) upon the effectiveness of any Registration Statement, ten (10) copies of the prospectus included in such Registration
Statement and all amendments and supplements thereto (or such other number of copies as such Investor may reasonably request) and (iii) such other documents, including copies of any preliminary or final prospectus, as such Investor may reasonably
request from time to time in order to facilitate the disposition of the Registrable Securities owned by such Investor. 
  
 e. The Company shall use reasonable efforts to (i) register and qualify the Registrable Securities covered by a Registration Statement
under such other applicable securities or “blue sky” laws of such jurisdictions in the United States as Legal Counsel or any Investor reasonably requests, (ii) prepare and file in those jurisdictions, such amendments (including
post-effective amendments) and supplements to such registrations and qualifications as may be necessary to maintain the effectiveness thereof during the Registration Period, (iii) take such other actions as may be necessary to maintain such
registrations and qualifications in effect at all times during the Registration Period, and (iv) take all other actions reasonably necessary or advisable to qualify the Registrable Securities for sale in such jurisdictions; provided, however,


  

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that the Company shall not be required in connection therewith or as a condition thereto to (v) make any change in the Company’s Certificate of
Incorporation or by-laws that the Company’s board of directors determines in good faith to be contrary to the best interests of the Company and its shareholders, (w) qualify to do business in any jurisdiction where it would not otherwise be
required to qualify but for this Section 3(e), (x) subject itself to general taxation in any such jurisdiction, or (y) file a general consent to service of process in any such jurisdiction. The Company shall promptly notify Legal Counsel and each
Investor who holds Registrable Securities of the receipt by the Company of any notification with respect to the suspension of the registration or qualification of any of the Registrable Securities for sale under the securities or “blue
sky” laws of any jurisdiction in the United States or its receipt of actual notice of the initiation or threat of any proceeding for such purpose. 
  
 f. As promptly as practicable after becoming aware of such event or development, the Company shall notify Legal Counsel and each Investor
in writing of the happening of any event as a result of which the prospectus included in a Registration Statement, as then in effect, includes an untrue statement of a material fact or omission to state a material fact required to be stated therein
or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, and promptly prepare a supplement or amendment to such Registration Statement to correct such untrue statement or omits, and
deliver ten (10) copies of such supplement or amendment to Legal Counsel and each Investor (or such other number of copies as Legal Counsel or such Investor may reasonably request). The Company shall also promptly notify Legal Counsel and each
Investor in writing (i) when a prospectus or any prospectus supplement or post-effective amendment has been filed, and when a Registration Statement or any post-effective amendment has become effective (notification of such effectiveness shall be
delivered to Legal Counsel and each Investor by facsimile on the same day of such effectiveness), (ii) of any request by the SEC for amendments or supplements to a Registration Statement or related prospectus or related information, and (iii) of the
Company’s reasonable determination that a post-effective amendment to a Registration Statement would be appropriate. 
  
 g. The Company shall use its best efforts to prevent the issuance of any stop order or other suspension of effectiveness of a Registration
Statement, or the suspension of the qualification of any of the Registrable Securities for sale in any jurisdiction and, if such an order or suspension is issued, to obtain the withdrawal of such order or suspension at the earliest possible moment
and to notify Legal Counsel and each Investor who holds Registrable Securities being sold of the issuance of such order and the resolution thereof or its receipt of actual notice of the initiation or threat of any proceeding for such purpose.

  
 h. At the reasonable request of the holders
of at least two-thirds (2/3) of the Registrable Securities, the Company shall furnish, at its expense, to the Investors, on the date of the effectiveness of the Registration Statement and thereafter from time to time on such dates as the holders of
at least two-thirds (2/3) of the Registrable Securities may reasonably request (i) a letter, dated such date, from the Company’s independent certified public accountants in form and substance as is customarily given by independent certified
public accountants to underwriters in 

  

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an underwritten public offering, and (ii) an opinion, dated as of such date, of counsel representing the Company for purposes of such Registration Statement,
in form, scope and substance as is customarily given in an underwritten public offering, addressed to the Investors. The Company shall also furnish the letter and opinion described in this Section 3(h) to any Investor, at such Investor’s
expense, upon the reasonable request of such Investor. 
  
 i. The Company shall make available for inspection by (i) any Investor, (ii) Legal Counsel and (iii) one firm of accountants or other agents retained by the Investors (collectively, the “Inspectors”) all pertinent financial and
other records, and pertinent corporate documents and properties of the Company (collectively, the “Records”), as shall be reasonably deemed necessary by each Inspector, and cause the Company’s officers, directors and employees to
supply all information which any Inspector may reasonably request; provided, however, that each Inspector shall agree, and each Investor hereby agrees, to hold in strict confidence and shall not make any disclosure (except to an Investor) or use of
any Record or other information which the Company determines in good faith to be confidential, and of which determination the Inspectors are so notified, unless (a) the disclosure of such Records is necessary to avoid or correct a misstatement or
omission in any Registration Statement or is otherwise required under the 1933 Act, (b) the release of such Records is ordered pursuant to a final, non-appealable subpoena or order from a court or government body of competent jurisdiction, or (c)
the information in such Records has been made generally available to the public other than by disclosure in violation of this or any other agreement of which the Inspector has knowledge. The Company shall not be required to disclose any confidential
information in such Records to any Inspector until and unless such Inspector shall have entered into confidentiality agreements with the Company with respect thereto, substantially in the form of this Section 3(i). Each Investor agrees that it
shall, upon learning that disclosure of such Records is sought in or by a court or governmental body of competent jurisdiction or through other means, give prompt notice to the Company and allow the Company, at its expense, to undertake appropriate
action to prevent disclosure of, or to obtain a protective order for, the Records deemed confidential. 
  
 j. The Company shall hold in confidence and not make any disclosure of information concerning an Investor provided to the Company unless
(i) disclosure of such information is necessary to comply with federal or state securities laws, (ii) the disclosure of such information is necessary to avoid or correct a misstatement or omission in any Registration Statement, (iii) the release of
such information is ordered pursuant to a subpoena or other final, non-appealable order from a court or governmental body of competent jurisdiction, (iv) such information has been made generally available to the public other than by disclosure in
violation of this Agreement or any other agreement, or (v) such Investor consents to the form and content of any such disclosure. The Company agrees that it shall, upon learning that disclosure of such information concerning an Investor is sought in
or by a court or governmental body of competent jurisdiction or through other means, give prompt written notice to such Investor and allow such Investor, at the Investor’s expense, to undertake appropriate action to prevent disclosure of, or to
obtain a protective order for, such information. 
  

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 k. The Company shall use its best efforts to (i) cause all the Registrable Securities
covered by a Registration Statement to be listed on each securities exchange on which securities of the same class or series issued by the Company are then listed, if any, if the listing of such Registrable Securities is then permitted under the
rules of such exchange, or (ii) secure designation and quotation of all the Registrable Securities covered by the Registration Statement on The American Stock Exchange, Inc., the Nasdaq National Market or The New York Stock Exchange, Inc., or (iii)
if, despite the Company’s best efforts to satisfy the preceding clause (i) or (ii), the Company is unsuccessful in satisfying the preceding clause (i) or (ii), secure the inclusion for quotation on the Over the Counter Bulletin Board, for such
Registrable Securities and, without limiting the generality of the foregoing, to arrange for at least two market makers to register with the National Association of Securities Dealers, Inc. (“NASD”) as such with respect to such Registrable
Securities. The Company shall pay all fees and expenses in connection with satisfying its obligation under this Section 3(k). 
  
 l. The Company shall cooperate with the Investors who hold Registrable Securities being offered and, to the extent applicable, to
facilitate the timely preparation and delivery of certificates (not bearing any restrictive legend once registered) representing the Registrable Securities to be offered pursuant to a Registration Statement and enable such certificates to be in such
denominations or amounts, as the case may be, as the Investors may reasonably request and registered in such names as the Investors may request. 
  
 m. The Company shall retain a transfer agent and registrar of all such Registrable Securities not later than the effective date of such
Registration Statement. 
  
 n. If requested by an
Investor, the Company shall (i) as soon as practicable incorporate in a prospectus supplement or post-effective amendment such information as an Investor requests to be included therein relating to the sale and distribution of Registrable
Securities, including, without limitation, information with respect to the number of Registrable Securities being offered or sold, the purchase price being paid therefor and any other terms of the offering of the Registrable Securities to be sold in
such offering; (ii) as soon as practicable make all required filings of such prospectus supplement or post-effective amendment after being notified of the matters to be incorporated in such prospectus supplement or post-effective amendment; and
(iii) supplement or make amendments to any Registration Statement if reasonably requested by an Investor of such Registrable Securities. 
  
 o. The Company shall use its best efforts to cause the Registrable Securities covered by the applicable Registration Statement to be
registered with or approved by such other governmental agencies or authorities as may be necessary to consummate the disposition of such Registrable Securities. 
  
 p. The Company shall make generally available to its security holders as soon as practical, but not later
than 90 days after the close of the period covered thereby, an earnings statement (in form complying with the provisions of Rule 158 under the 1933 Act) 

  

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covering a twelve-month period beginning not later than the first day of the Company’s fiscal quarter next following the effective date of the
Registration Statement. 
  
 q. The Company shall
otherwise use its best efforts to comply with all applicable rules and regulations of the SEC in connection with any registration hereunder. 
  
 r. Within two (2) business days after a Registration Statement which covers applicable Registrable Securities is ordered effective by the
SEC, the Company shall deliver, and shall cause legal counsel for the Company to deliver, to the transfer agent for such Registrable Securities (with copies to the Investors whose Registrable Securities are included in such Registration Statement)
confirmation that such Registration Statement has been declared effective by the SEC. 
  
 s. Notwithstanding anything to the contrary in Section 3(f), at any time after the applicable Registration Statement has been declared
effective by the SEC, the Company may delay the disclosure of material non-public information concerning the Company the disclosure of which at the time is not, in the good faith opinion of the Board of Directors of the Company and its counsel, in
the best interest of the Company and, in the opinion of counsel to the Company, otherwise required (a “Grace Period”); provided, that the Company shall promptly (i) notify the Investors in writing of the existence of material non-public
information giving rise to a Grace Period (provided that in each notice the Company will not disclose the content of such material non-public information to the Investors) and the date on which the Grace Period will begin, and (ii) notify the
Investors in writing of the date on which the Grace Period ends; and, provided further, that all Grace Periods shall not exceed 20 calendar days during any consecutive 120 day period and all Grace Periods shall not exceed an aggregate of 30 days
during any consecutive 365 day period, (an “Allowable Grace Period”). For purposes of determining the length of a Grace Period above, the Grace Period shall begin on and include the date the holders receive the notice referred to in clause
(i) and shall end on and include the later of the date the holders receive the notice referred to in clause (ii) and the date referred to in such notice. The provisions of Section 2(e) hereof shall not be applicable during the period of any
Allowable Grace Period. Upon expiration of the Grace Period, the Company shall again be bound by the first sentence of Section 3(f) with respect to the information giving rise thereto unless such material non-public information has been publicly
disclosed or is no longer required to be publicly disclosed. 
  

	 	4.	OBLIGATIONS OF THE INVESTORS. 

  
 a. At least seven (7) days prior to the first anticipated filing date of a Registration Statement, the Company shall notify each Investor
in writing of the information the Company requires from each such Investor if such Investor elects to have any of such Investor’s Registrable Securities included in such Registration Statement. It shall be a condition precedent to the
obligations of the Company to complete the registration pursuant to this Agreement with respect to the Registrable Securities of a particular Investor that such Investor shall furnish to the Company such information regarding itself, the Registrable
Securities held by it and the intended 

  

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method of disposition of the Registrable Securities held by it as shall be reasonably required to effect the registration of such Registrable Securities and
shall execute such documents in connection with such registration as the Company may reasonably request. 
  
 b. Each Investor by such Investor’s acceptance of the Registrable Securities agrees to cooperate with the Company as reasonably
requested by the Company in connection with the preparation and filing of any Registration Statement hereunder, unless such Investor has notified the Company in writing of such Investor’s election to exclude all of such Investor’s
Registrable Securities from such Registration Statement. 
  
 c. Each Investor agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in Section 3(g) or the first sentence of 3(f), such Investor will immediately discontinue
disposition of Registrable Securities pursuant to any Registration Statement(s) covering such Registrable Securities until such Investor’s receipt of the copies of the supplemented or amended prospectus contemplated by Section 3(g) or the first
sentence of 3(f) or receipt of notice that no supplement or amendment is required. Notwithstanding anything to the contrary, the Company shall cause its transfer agent to deliver unlegended shares of Common Stock to a transferee of an Investor in
accordance with the terms of the Securities Purchase Agreement in connection with any sale of Registrable Securities with respect to which an Investor has entered into a contract for sale prior to the Investor’s receipt of a notice from the
Company of the happening of any event of the kind described in Section 3(g) or the first sentence of 3(f) and for which the Investor has not yet settled. 
  

	 	5.	EXPENSES OF REGISTRATION. 

  
 All reasonable expenses, other than underwriting discounts and commissions, incurred in connection with registrations, filings or qualifications pursuant
to Sections 2 and 3, including, without limitation, all registration, listing and qualifications fees, printers and accounting fees shall be paid by the Company. 
  

	 	6.	INDEMNIFICATION. 

  
 In the event any Registrable Securities are included in a Registration Statement under this Agreement: 
  
 a. To the fullest extent permitted by law, the Company will,
and hereby does, indemnify, hold harmless and defend each Investor, the directors, officers, partners, employees, agents, representatives of, and each Person, if any, who controls any Investor within the meaning of the 1933 Act or the Securities
Exchange Act of 1934, as amended (the “1934 Act”) (each, an “Indemnified Person”), against any losses, claims, damages, liabilities, judgments, fines, penalties, charges, costs, reasonable attorneys’ fees, amounts paid in
settlement or expenses, joint or several, (collectively, “Claims”) incurred in investigating, preparing or defending any action, claim, suit, inquiry, proceeding, investigation or appeal taken from the foregoing by or before any court or
governmental, administrative or other regulatory agency, body or the SEC, whether 

  

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pending or threatened, whether or not an indemnified party is or may be a party thereto (“Indemnified Damages”), to which any of them may become
subject insofar as such Claims (or actions or proceedings, whether commenced or threatened, in respect thereof) arise out of or are based upon: (i) any untrue statement or alleged untrue statement of a material fact in a Registration Statement or
any post-effective amendment thereto or in any filing made in connection with the qualification of the offering under the securities or other “blue sky” laws of any jurisdiction in which Registrable Securities are offered (“Blue Sky
Filing”), or the omission or alleged omission to state a material fact required to be stated therein or necessary to make the statements therein not misleading, (ii) any untrue statement or alleged untrue statement of a material fact contained
in any preliminary prospectus if used prior to the effective date of such Registration Statement, or contained in the final prospectus (as amended or supplemented, if the Company files any amendment thereof or supplement thereto with the SEC) or the
omission or alleged omission to state therein any material fact necessary to make the statements made therein, in light of the circumstances under which the statements therein were made, not misleading or (iii) any violation or alleged violation by
the Company of the 1933 Act, the 1934 Act, any other law, including, without limitation, any state securities law, or any rule or regulation thereunder relating to the offer or sale of the Registrable Securities pursuant to a Registration Statement
(the matters in the foregoing clauses (i) through (iii) being, collectively, “Violations”). Subject to Section 6(c), the Company shall reimburse the Investors and each such controlling person, promptly as such expenses are incurred and are
due and payable, for any legal fees or disbursements or other reasonable expenses incurred by them in connection with investigating or defending any such Claim. Notwithstanding anything to the contrary contained herein, the indemnification agreement
contained in this Section 6(a): (i) shall not apply to a Claim by an Indemnified Person arising out of or based upon a Violation which occurs in reliance upon and in conformity with information furnished in writing to the Company by such Indemnified
Person expressly for use in connection with the preparation of the Registration Statement or any such amendment thereof or supplement thereto, if such prospectus was timely made available by the Company pursuant to Section 3(d); (ii) shall not be
available to the extent such Claim is based on a failure of the Investor to deliver or to cause to be delivered the prospectus made available by the Company; (iii) with respect to any prospectus, shall not inure to the benefit of any such person
from whom the person asserting any such Claim purchased Registrable Securities that are the subject thereof (or to the benefit of any person controlling such person) if the untrue statement or omission of material fact contained in such prospectus
was corrected in a subsequent prospectus, and the Indemnified Person was promptly advised in writing not to use the incorrect prospectus prior to the use giving rise to a violation and such Indemnified Person, notwithstanding such advice, used it;
and (iv) shall not apply to amounts paid in settlement of any Claim, if such settlement is effected without the prior written consent of the Company, which consent shall not be unreasonably withheld. Such indemnity shall remain in full force and
effect regardless of any investigation made by or on behalf of the Indemnified Person and shall survive the transfer of the Registrable Securities by the Investors pursuant to Section 9. 
  
 b. In connection with any Registration Statement in which an Investor is participating, each such Investor
agrees to severally and not jointly indemnify, hold harmless and 

  

 12 








 
defend, to the same extent and in the same manner as is set forth in Section 6(a), the Company, each of its directors, each of its officers who signs the
Registration Statement and each Person, if any, who controls the Company within the meaning of the 1933 Act or the 1934 Act (each an “Indemnified Party”), against any Claim or Indemnified Damages to which any of them may become subject,
under the 1933 Act, the 1934 Act or otherwise, insofar as such Claim or Indemnified Damages arise out of or are based upon any Violation, in each case to the extent, and only to the extent, that such Violation occurs: (i) in reliance upon and in
conformity with written information furnished to the Company by such Investor expressly for use in connection with such Registration Statement; or (ii) based on a failure of the Investor to deliver or to cause to be delivered a prospectus made
available by the Company; and, subject to Section 6(c), such Investor will reimburse any legal or other expenses reasonably incurred by them promptly as such expenses are incurred and are due and payable in connection with investigating or defending
any such Claim; provided, however, that the indemnity agreement contained in this Section 6(b) and the agreement with respect to contribution contained in Section 7 shall not apply to amounts paid in settlement of any Claim if such settlement is
effected without the prior written consent of such Investor, which consent shall not be unreasonably withheld; provided, further, however, that the Investor shall be liable under this Section 6(b) for only that amount of a Claim or Indemnified
Damages as does not exceed the net proceeds to such Investor as a result of the sale of Registrable Securities pursuant to such Registration Statement. Such indemnity shall remain in full force and effect regardless of any investigation made by or
on behalf of such Indemnified Party and shall survive the transfer of the Registrable Securities by the Investors pursuant to Section 9. Notwithstanding anything to the contrary contained herein, the indemnification agreement contained in this
Section 6(b) with respect to any preliminary prospectus shall not inure to the benefit of any Indemnified Party if the untrue statement or omission of material fact contained in the preliminary prospectus was corrected on a timely basis in the
prospectus, as then amended or supplemented. 
  
 c. Promptly after receipt by an Indemnified Person or Indemnified Party under this Section 6 of notice of the commencement of any action or proceeding (including any governmental action or proceeding) involving a Claim, such Indemnified
Person or Indemnified Party shall, if a Claim in respect thereof is to be made against any indemnifying party under this Section 6, deliver to the indemnifying party a written notice of the commencement thereof, and the indemnifying party shall have
the right to participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume control of the defense thereof with counsel mutually satisfactory to the indemnifying party and
the Indemnified Person or the Indemnified Party, as the case may be; provided, however, that an Indemnified Person or Indemnified Party shall have the right to retain its own counsel with the fees and expenses of not more than one counsel for all
Indemnified Persons or Indemnified Parties to be paid by the indemnifying party, if, in the reasonable opinion of counsel retained by the indemnifying party, the representation by such counsel of the Indemnified Persons or Indemnified Parties and
the indemnifying party would be inappropriate due to actual or potential differing interests between such Indemnified Persons or Indemnified Parties and the indemnifying parties represented by such counsel in such proceeding. In the case of
Indemnified Persons, legal counsel referred to in the immediately preceding sentence shall be selected by the 

  

 13 








 
Investors holding a majority in interest of the Registrable Securities included in the Registration Statement to which the Claim relates. The Indemnified
Party or Indemnified Person shall cooperate fully with the indemnifying party in connection with any negotiation or defense of any such action or claim by the indemnifying party and shall furnish to the indemnifying party all information reasonably
available to the Indemnified Party or Indemnified Person which relates to such action or claim. The indemnifying party shall keep the Indemnified Party or Indemnified Person fully apprised at all times as to the status of the defense or any
settlement negotiations with respect thereto. No indemnifying party shall be liable for any settlement of any action, claim or proceeding effected without its prior written consent, provided, however, that the indemnifying party shall not
unreasonably withhold, delay or condition its consent. No indemnifying party shall, without the prior written consent of the Indemnified Party or Indemnified Person, consent to entry of any judgment or enter into any settlement or other compromise
which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Party or Indemnified Person of a release from all liability in respect to such claim or litigation. Following indemnification as
provided for hereunder, the indemnifying party shall be subrogated to all rights of the Indemnified Party or Indemnified Person with respect to all third parties, firms or corporations relating to the matter for which indemnification has been made.
The failure to deliver written notice to the indemnifying party within a reasonable time of the commencement of any such action shall not relieve such indemnifying party of any liability to the Indemnified Person or Indemnified Party under this
Section 6, except to the extent that the indemnifying party is prejudiced in its ability to defend such action. 
  
 d. The indemnification required by this Section 6 shall be made by periodic payments of the amount thereof during the course of the
investigation or defense, as and when bills are received or Indemnified Damages are incurred. 
  
 e. The indemnity agreements contained herein shall be in addition to (i) any cause of action or similar right of the Indemnified Party or
Indemnified Person against the indemnifying party or others, and (ii) any liabilities the indemnifying party may be subject to pursuant to the law. 
  

	 	7.	CONTRIBUTION. 

  
 To the extent any indemnification by an indemnifying party is prohibited or limited by law, the indemnifying party agrees to make the maximum contribution
with respect to any amounts for which it would otherwise be liable under Section 6 to the fullest extent permitted by law; provided, however, that: (i) no seller of Registrable Securities guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the 1933 Act) shall be entitled to contribution from any seller of Registrable Securities who was not guilty of fraudulent misrepresentation; and (ii) contribution by any seller of Registrable Securities shall be limited in amount
to the net amount of proceeds received by such seller from the sale of such Registrable Securities. 
  

 14 









	 	8.	REPORTS UNDER THE 1934 ACT. 

  
 With a view to making available to the Investors the benefits of Rule 144 promulgated under the 1933 Act or any other similar rule or regulation of the
SEC that may at any time permit the Investors to sell securities of the Company to the public without registration (“Rule 144”), the Company agrees to use its best efforts to: 
  
 a. make and keep public information available, as those terms are understood and defined in Rule 144;

  
 b. file with the SEC in a timely manner all
reports and other documents required of the Company under the 1933 Act and the 1934 Act so long as the Company remains subject to such requirements (it being understood that nothing herein shall limit the Company’s obligations under Section
4(c) of the Securities Purchase Agreement) and the filing of such reports and other documents is required for the applicable provisions of Rule 144; and 
  
 c. furnish to each Investor so long as such Investor owns Registrable Securities, promptly upon request, (i) a written statement by the
Company that it has complied with the reporting requirements of Rule 144, the 1933 Act and the 1934 Act, (ii) a copy of the most recent annual or quarterly report of the Company and such other reports and documents so filed by the Company, and (iii)
such other information as may be reasonably requested to permit the investors to sell such securities pursuant to Rule 144 without registration. 
  

	 	9.	ASSIGNMENT OF REGISTRATION RIGHTS. 

  
 The rights under this Agreement shall be assignable by the Investors to any transferee of all or any portion of Registrable Securities if: (i) the
Investor agrees in writing with the transferee or assignee to assign such rights, and a copy of such agreement is furnished to the Company within a reasonable time after such assignment; (ii) the Company is, within a reasonable time after such
transfer or assignment, furnished with written notice of (a) the name and address of such transferee or assignee, and (b) the securities with respect to which such registration rights are being transferred or assigned; (iii) immediately following
such transfer or assignment the further disposition of such securities by the transferee or assignee is restricted under the 1933 Act and applicable state securities laws; (iv) at or before the time the Company receives the written notice
contemplated by clause (ii) of this sentence the transferee or assignee agrees in writing with the Company to be bound by all of the provisions contained herein and obligations of the Investor to the Company under the Securities Purchase Agreement;
and (v) such transfer shall have been made in accordance with the applicable requirements of the Securities Purchase Agreement. 
  

	 	10.	AMENDMENT OF REGISTRATION RIGHTS. 

  
 Provisions of this Agreement may be amended and the observance thereof may be waived (either generally or in a particular instance and either
retroactively or prospectively), only 

  

 15 








 
with the written consent of the Company and Investors who then hold at least two-thirds (2/3) of the Registrable Securities. Any amendment or waiver effected
in accordance with this Section 10 shall be binding upon each Investor and the Company. No such amendment shall be effective to the extent that it applies to less than all of the holders of the Registrable Securities. No consideration shall be
offered or paid to any Person to amend or consent to a waiver or modification of any provision of any of this Agreement unless the same consideration also is offered to all of the parties to this Agreement. 
  

	 	11.	MISCELLANEOUS. 

  
 a. A Person is deemed to be a holder of Registrable Securities whenever such Person owns or is deemed to own of record such Registrable
Securities. If the Company receives conflicting instructions, notices or elections from two or more Persons with respect to the same Registrable Securities, the Company shall act upon the basis of instructions, notice or election received from the
registered owner of such Registrable Securities. 
  
 b. Any notices, consents, waivers or other communications required or permitted to be given under the terms of this Agreement must be in writing and will be deemed to have been delivered: (i) upon receipt, when delivered personally; (ii)
upon receipt, when sent by facsimile (provided confirmation of transmission is mechanically or electronically generated and kept on file by the sending party); or (iii) upon delivery by a nationally recognized delivery service, in each case properly
addressed to the party to receive the same. The addresses and facsimile numbers for such communications shall be: 
  
 If to the Company: 
  
 Andrea Electronics Corporation 
 45 Melville Park Road 
 Melville, New York 11747 
 Telephone: (516) 719-1800 
 Facsimile:    (516) 719-1824 
 Attention:   President,
Chief Executive Officer 
  
 With a copy to:

  
 Andrea Electronics Corporation 
 45 Melville Park Road 
 Melville, New York 11747 
 Telephone: (516) 719-1800 
 Facsimile:    (516) 719-1824 
 Attention:   Executive Vice President, Chief Financial Officer 
  

 16 








 If to Legal Counsel: 
  
 Muldoon Murphy & Faucette LLP 
 5101 Wisconsin Avenue, N.W. 
 Suite 500 
 Washington, DC 20016 
 Telephone: (202) 362-0840 
 Facsimile:    (202) 966-9409 
 Attention:    Lawrence M.F.
Spaccasi, Esq. 
  
 If to an Investor, to its address and facsimile number on the
Schedule of Investors attached hereto, with copies to such Investor’s representatives as set forth on the Schedule of Investors or to such other address and/or facsimile number and/or to the attention of such other person as the recipient party
has specified by written notice given to each other party five days prior to the effectiveness of such change. Written confirmation of receipt (A) given by the recipient of such notice, consent, waiver or other communication, (B) mechanically or
electronically generated by the sender’s facsimile machine containing the time, date, recipient facsimile number and an image of the first page of such transmission or (C) provided by a courier or overnight courier service shall be rebuttable
evidence of personal service, receipt by facsimile or receipt from a nationally recognized overnight delivery service in accordance with clause (i), (ii) or (iii) above, respectively. 
  
 c. Failure of any party to exercise any right or remedy under this Agreement or otherwise, or delay by a
party in exercising such right or remedy, shall not operate as a waiver thereof. 
  
 d. The corporate laws of the State of New York shall govern all issues concerning the relative rights of the Company and the Investors as
its stockholders. All other questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by the internal laws of the State of New York, without giving effect to any choice of law or conflict of
law provision or rule (whether of the State of New York or any other jurisdictions) that would cause the application of the laws of any jurisdictions other than the State of New York. Each party hereby irrevocably submits to the non-exclusive
jurisdiction of the state and federal courts sitting in the City of New York, borough of Manhattan, for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein, and hereby
irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient forum or that the
venue of such suit, action or proceeding is improper. Each party hereby irrevocably waives personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof to such party at the address
for such notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to 

  

 17 








 
serve process in any manner permitted by law. If any provision of this Agreement shall be invalid or unenforceable in any jurisdiction, such invalidity or
unenforceability shall not affect the validity or enforceability of the remainder of this Agreement in that jurisdiction or the validity or enforceability of any provision of this Agreement in any other jurisdiction. EACH PARTY HEREBY IRREVOCABLY
WAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN CONNECTION HEREWITH OR ARISING OUT OF THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREBY. 
  
 e. This Agreement, the Securities Purchase Agreement and the
Series D Certificate of Amendment and the Warrant constitute the entire agreement among the parties hereto with respect to the subject matter hereof and thereof. There are no restrictions, promises, warranties or undertakings, other than those set
forth or referred to herein and therein. This Agreement, the Securities Purchase Agreement and the Series D Certificate of Amendment supersede all prior agreements and understandings among the parties hereto with respect to the subject matter hereof
and thereof. 
  
 f. Subject to the requirements
of Section 9, this Agreement shall inure to the benefit of and be binding upon the permitted successors and assigns of each of the parties hereto. 
  
 g. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof.

  
 h. This Agreement may be executed in
identical counterparts, each of which shall be deemed an original but all of which shall constitute one and the same agreement. This Agreement, once executed by a party, may be delivered to the other party hereto by facsimile transmission of a copy
of this Agreement bearing the signature of the party so delivering this Agreement. 
  
 i. Each party shall do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all
such other agreements, certificates, instruments and documents, as the other party may reasonably request in order to carry out the intent and accomplish the purposes of this Agreement and the consummation of the transactions contemplated hereby.

  
 j. All consents and other determinations to
be made by the Investors pursuant to this Agreement shall be made, unless otherwise specified in this Agreement, by Investors holding a majority of the Registrable Securities, determined as if all of the Preferred Shares then outstanding have been
converted into Registrable Securities without regard to any limitation on conversions of the Preferred Shares. 
  
 k. The language used in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent and no rules
of strict construction will be applied against any party. 
  

 18 








 l. This Agreement is intended for the benefit of the parties hereto and their respective
permitted successors and assigns, and is not for the benefit of, nor may any provision hereof be enforced by, any other Person. 
  

 19 








 IN WITNESS WHEREOF, the parties have caused this Registration Rights Agreement to be duly executed
as of day and year first above written. 
  

			
	 	 	 COMPANY:

		
	 	 	ANDREA ELECTRONICS CORPORATION
		
	By:	 	 
	 	 	

	 Its:
	 	 
	 	 	



  

			
	 	 	BUYERS:
		
	 	 	ALPHA CAPITAL AKTIENGESELLSCHAFT
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	CONGREGATION MISHKAN SHOLOM INCORPORATED
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	STONESTREET LIMITED PARTNERSHIP
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  
  

			
	 	 	GREENWICH GROWTH FUND LIMITED
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

 20 









			
	 	 	WHALEHAVEN FUNDS LIMITED
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	ELLIS INTERNATIONAL LTD.
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	LONGVIEW EQUITY FUND, LP
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	LONGVIEW INTERNATIONAL EQUITY FUND, LP
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	LONGVIEW FUND LP
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	ENABLE GROWTH PARTNERS
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

 21 









			
	 	 	REDWOOD CAPITAL PARTNERS, INC.
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	CAMDEN INTERNATIONAL LTD.
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	GAMMA OPPORTUNITY CAPITAL PARTNERS, LP
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	DOMINO INTERNATIONAL LTD.
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	PALISADES MASTER FUND, LP
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

 22 









			
	 	 	LUCRATIVE INVESTMENTS
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	ADVANTAGE FUND I, LLC
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	GRQ CONSULTANTS, INC.
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

			
	 	 	S.O.S. RESOURCE SERVICES, INC.
		
	By:	 	 
	 	 	

	 	 	 [Name]

	 	 	 [Title]



  

 23 








 SCHEDULE OF INVESTORS 
  

							
	 Investor Name

	 	 Number of Shares of Series
 D Convertible Preferred
 Stock Purchased

	 	 Investor Address And
 Facsimile Number

	 	 Investor’s Representatives’
 Address and Facsimile
 Number



  

 24