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**EXHIBIT      10.11**

| 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 $0.60 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. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------|

| 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. |
|--------|-----|--------------------------------------------------------------------------------------|

| 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                recently filed its SEC 10Q reports through September 30,                2003, has received copies of same and 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: |
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|   | (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; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (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, |
|--------|-----|-------------------------------------------------------------------------------------|

|   | (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                shall                constitute an original. |
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|   |   | COLONIAL                COMMERCIAL CORP. |                                      |
|--------|--------|------------------------------------------|-------------------------------------------|
|   |   |                                     |                                      |   |
|   |   | By:                                      |  /s/                James W. Stewart |   |
|   |   |                                     | James                W. Stewart           |   |

| Investor’s                Name |   | Signature                          |   | Number                of Shares |
|--------------------------------------|--------|------------------------------------|--------|---------------------------------|
|                                 |   |                               |   |                            |
| Rita                Folger           |   | /s/                Rita Folger     |   | 100,000                         |
| Bernard                Korn          |   | /s/                Bernard Korn    |   | 165,000                         |
| William                Pagano        |   | /s/                William Pagano  |   | 165,000                         |
| Michael                Goldman       |   | /s/                Michael Goldman |   | 170,000                         |

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