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**EXHIBIT      10.10**

| 1. | Purchase                of Shares. |
|----|------------------------------------|

|   | (a) | Each                Investor hereby purchases the number of shares (the "Shares") of                Company                Common Stock that                is set forth opposite his name below. The purchase price is $0.30                per                share, and is payable in cash                immediately. |
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|   | (b) | The                Company will cause stock certificates for the Shares to be issued                to                Investors promptly. |
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| 2. | No                representations or warranties by the                Company. |
|----|--------------------------------------------------------------------------------|

|   | (a) | Neither                the Company nor any officer or director of the Company is making                any                representation or warranty                to Investors regarding any matter or                thing. |
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|   | (b) | Investors                are proceeding in this transaction based solely on such investigations                and                with such legal, accounting                tax and other assistance as they have deemed                appropriate. |
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|   | (c) | An                investment in the Shares entails substantial                risks. |
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| 3. | Representations                by Investors |
|----|---------------------------------------------|

|  | (a) | Each                  Investor is an officer or director of the Company or otherwise                  has a close                  relationship with the Company.                  He understands that the Company has not filed its SEC 10K and 10Q                  reports                  since September                  30, 2001 that its shares have been delisted from NASDAQ, and that                  its bank                  debt is payable                  immediately on demand. |
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|  | (b) | Each                  Investor represents and warrants to the Company                  that: |
|--|-----|----------------------------------------------------------------------------------------------|

|   | (i) | he                has sufficient knowledge and experience in financial and business                matters                to be able to evaluate                the risks and merits of the investment represented by the purchase                of the                Shares; |
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|   | (ii) | he                is able to bear the economic risks of such investment, including                the risk                of losing all such investment, and he has no need for liquidity with                respect to his investment; |
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|   | (iii) | he                understands that no prospectus, offering circular or other offering                statement containing information                with respect to the Company and the Shares or with respect to the                Company's business is being issued; |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | he                has had the opportunity to ask questions and receive answers from                knowledgeable individuals concerning the Company, its business and                the                Shares; |
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|   | (v) | he                understands that the Shares (a) are not being registered (or, with                respect                to state securities or                Blue Sky laws, otherwise qualified for sale) under the Securities                Act of                1933, as amended (the "Act"), or under the securities or Blue Sky                laws and                regulations of any state and the Company is not                agreeing to register the Shares, and (b) cannot be sold, transferred                or                otherwise disposed of unless                subsequently registered under the Act and applicable state securities                or                Blue Sky laws or pursuant                to an exemption from such registration which is available at the                time of                desired sale, and will                bear a legend to that effect; |
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|   | (vi) | he                is aware that the information and conditions necessary to permit                routine                sales of the Shares, or any portion thereof, under Rule 144 of the                Act are                not now available and may not be available at a time that he wishes                to                transfer part or all of the Shares, and that in any event he may                then be                prohibited from engaging in trading because of confidentiality, fiduciary                and other legal requirements; |
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|   | (vii) | he                is an "accredited investor" as defined in Rule 501 (a) of Regulation                D,                promulgated under the Act, and that at least (1), (2) or (3) applies                to                him; |
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|   | (1) | he                is a director or executive officer of the                Company, |
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|   | (2) | his                individual net worth, or his joint net with his spouse, exceeds                $1,000,000, or |
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|   | (3) | his                individual income was in excess of $200,000 in each of the two most                recent                years, or his joint income with his spouse was in excess of $300,000                in                each of those years, and he has a reasonable expectation of reaching                the                same income level in the current                year; |
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|   | (viii) | he                is purchasing the Shares for his own account and not with a view                to resale                or other distribution                thereof inconsistent with or in violation of the federal securities                laws                or the securities or                Blue Sky laws of any state; |
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|   | (ix) | he                is not obligated to transfer any Shares to any other person or entity                nor                does he have any agreement or understanding to do so;                and |
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|   | (x) | he                has been advised that he should rely on his own professional accounting,                tax, legal and financial                advisors with respect to an investment in the Company and a purchase                of                the Shares. |
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| 4. | Miscellaneous |
|----|---------------|

|   | (a) | This                Agreement sets forth in full all understandings of the Company and                Investors with respect to the                subject matter of this Agreement. It may not be amended or terminated                orally. The internal laws of the State of New York shall govern this                Agreement. |
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|   | (b) | This                Agreement may be signed in one or more counterparts each of which                shallconstitute an original. |
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|   | COLONIAL                COMMERCIAL CORP. |                           |
|--------|------------------------------------------|--------------------------------|
|   |                                     |                           |   |
|   | By:                                      | /s/Bernard                Korn |   |
|   | Bernard                Korn, President   |                           |

| Investor’s                Name |   | Signature                           |   | Number                of Shares |
|--------------------------------------|--------|-------------------------------------|--------|---------------------------------|
|                                 |   |                                |   |                            |
| Rita                Folger           |   | /s/                Rita Folger      |   | 150,000                         |
| Bernard                Korn          |   | /s/                Bernard Korn     |   | 167,000                         |
| William                Pagano        |   | /s/                William Pagano   |   | 335,000                         |
| Jack                Rose             |   | /s/                Jack Rose        |   | 50,000                          |
| James                W. Stewart      |   | /s/                James W. Stewart |   | 100,000                         |

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