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Exhibit 10.3  


Purchaser
Name:                                   


Memorandum
No.:                                   


 
 

SUBSCRIPTION AGREEMENT    
    
    SENTO CORPORATION    
    
    $1,500,000    
    
    1,500 Units of 8% Convertible Subordinated Debenture and Warrants    
    








NEITHER THE UNITS OF DEBENTURES AND WARRANTS WHICH ARE THE SUBJECT OF THIS AGREEMENT NOR THE SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION OF SUCH DEBENTURES OR THE EXERCISE
OF SUCH WARRANTS HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER THE SECURITIES LAWS OF ANY STATE. THE UNITS AND SUCH COMPONENT SECURITIES WILL BE OFFERED AND SOLD IN
RELIANCE ON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THOSE LAWS BY VIRTUE OF THE COMPANY'S INTENDED COMPLIANCE WITH SECTIONS
3(b) AND 4(2) OF THE SECURITIES ACT OF 1933, AS AMENDED, THE PROVISIONS OF REGULATION D UNDER SUCH ACT AND SIMILAR EXEMPTIONS UNDER STATE LAW. THE UNITS HAVE NOT BEEN APPROVED OR DISAPPROVED BY ANY
REGULATORY AUTHORITY. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.


SENTO CORPORATION  


 SUBSCRIPTION AGREEMENT  


Sento
Corporation

Attn: Stanley J. Cutler

808 East Utah Valley Drive

American Fork, Utah 84003 


Ladies
and Gentlemen: 


        The
undersigned understands that Sento Corporation, a Utah corporation (the "Company"), in accordance with the terms and conditions of this Subscription Agreement (the "Agreement"), is
offering for sale up to 1,500 units (the "Units") each consisting of (i) one $990 face amount 8% convertible subordinated debenture (a "Debenture"), each convertible into 565.714 shares of the
common stock, par value $0.25 per share, of the Company (the "Common Stock"), at an initial conversion price of $1.75 per share (each share issuable upon conversion thereof being a "Conversion
Share"), at any time after the first anniversary and prior to the third anniversary of the closing of the Offering (as defined below) (the date of such closing being the "Closing Date" and the date of
such third anniversary being the "Expiration Date"), together with (ii) two hundred fifty common stock purchase warrants (each such warrant being a "Warrant") each for the purchase of one share
of the Common Stock (upon issue thereof, a "Warrant Share"), exercisable until the Expiration Date at an exercise price of $2.25 per Warrant Share (the "Offering"). The Company is offering the Units
at a price of $1,000 per Unit. There is no minimum number of Units which must be subscribed for by any one purchaser. The Units are being offered on a "best efforts" basis and there is no requirement
for a minimum amount of subscriptions. The Units are being offered for sale pursuant to a Private Placement Memorandum dated March 10, 2003, as amended by the First Amendment and Supplement
thereto dated March 25, 2003 (together referred to as the "Memorandum"), as more particularly described and set forth therein. Unless otherwise indicated, terms used herein shall have the same
meanings as set forth in the Memorandum. 


        1.    Acquisition of Units.    Subject to the terms and conditions hereof and the provisions of the Memorandum, the
undersigned hereby irrevocably subscribes for and agrees to purchase the number of Units indicated in Item 8 on page 8 of this Agreement at a purchase price of $1,000 per Unit, or an aggregate
purchase price equal to the amount indicated in Item 9 on page 8 of this Agreement. 


        2.    Acceptance of Subscription.    The undersigned understands and agrees that the Company shall have the right to
accept or reject this subscription, in whole or in part, and that the same shall be deemed to be accepted by the Company only when this Agreement is accepted and signed by a duly authorized officer of
the Company as provided for herein. Subscriptions need not be accepted in the order received, and the Units may be allocated in whole or in part, at the sole discretion of the Company, in the event of
an oversubscription. 


        The
Units are being offered on a "best efforts" basis, and there is no requirement for the sale of a minimum amount of Units. There is no assurance that the Company will be able to sell
all or any 







 



portion
of the Units, and the number of Units which will actually be sold by the Company in the Offering is unknown. Once subscriptions are received by the Company, investors will be irrevocably bound
by the terms thereof. 


        3.    Representations, Warranties and Covenants of the Undersigned.    The undersigned makes the following
representations and warranties, together with the representations made by the undersigned in the Purchaser Questionnaire attached hereto (which representations are incorporated herein by this
reference), and undertakes to perform the following covenants, with the intent that they be relied upon by the Company and its counsel, officers, directors, employees and agents in determining the
undersigned's suitability as a purchaser of the Units. The undersigned hereby agrees that such representations, warranties and covenants shall survive his/her purchase of the Units. By signing this
Agreement, the undersigned represents that he/she has read and acknowledged the representations set forth in this Section 3. If more than one person is signing this Agreement, each
representation, each warranty and each covenant made herein shall be a joint and several representation, warranty or covenant of each person. 



        (a)   The
undersigned is the sole and true party in interest, is acquiring the Units for his/her own account for investment, is not purchasing the Units subscribed for hereby
for the benefit of any other person, and has no present intention of holding or managing the Units with others or of selling, distributing or otherwise disposing of any portion of the Units. 



        (b)   The
undersigned (i) is a citizen of the United States, (ii) is, if a natural person, at least 21 years of age and (iii) is a bona fide
permanent resident of and is domiciled in the state set forth on the signature page hereof and has no present intention of becoming a resident of any other state or jurisdiction. 


        (c)   The
undersigned is aware that an investment in the Units is highly speculative and subject to substantial risks. The undersigned has adequate means of providing for
his/her current needs and possible contingencies, and is able to bear the high degree of economic risk of this investment, including, but not limited to, the possibility of the complete loss of the
undersigned's entire investment and the limited transferability of the Units, which may make the liquidation of this investment impossible for the indefinite future. 


        (d)   The
undersigned has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Units and
making an informed investment decision. 


        (e)   The
undersigned understands that none of the Units, the Debentures, the Conversion Shares, the Warrants or the Warrant Shares (collectively, the "Securities") will be
registered in this Offering under the Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws, in partial reliance upon exemptions from registration for certain private
offerings. The undersigned understands and agrees that the Securities, or any interest therein, may not be resold or otherwise disposed of by the undersigned unless such Securities are subsequently
registered under the 1933 Act and under all applicable state securities laws or unless the Company receives an opinion of counsel satisfactory to it that an exemption from registration is available
(as more particularly provided in the form of Debenture and form of Warrant attached to the Memorandum). 


        (f)    The
undersigned understands that only the Company can take action so as to register the Securities. Nonetheless, the undersigned will have certain limited registration
rights to the extent such rights are expressly provided by a registration rights agreement (the "Registration Rights Agreement") executed in connection with this Agreement by the undersigned and the
Company. Such registration rights consist of certain incidental rights to obligate the Company to register Conversion Shares or Warrant Shares upon request of the holder thereof if the Company 



2







 




otherwise
registers securities of the Company, as more particularly set forth in the Registration Rights Agreement. 


        (g)   The
undersigned acknowledges and represents that he/she has received and reviewed a copy of the Memorandum and any amendments or supplements thereto, has been given a
reasonable opportunity to review all documents, books and records of the Company pertaining to this investment, has been supplied with all additional information concerning the Company and the Units
that has been
requested by the undersigned, has had a reasonable opportunity to ask questions of and receive answers from the Company or its representatives concerning this investment, and that all such questions
have been answered to the full satisfaction of the undersigned. 


        (h)   The
undersigned has received no representations, written or oral, from the Company or its officers, directors, employees, attorneys or agents, other than those contained
in the Memorandum or this Agreement. In making his/her decision to purchase the Units, the undersigned has relied solely upon his/her review of the Memorandum, this Agreement, and independent
investigations made by him/her or his/her representatives without assistance of the Company or any of its officers, directors, employees or agents. Furthermore, in making such decision, the
undersigned has not relied on (i) any research reports or other information prepared by members of the financial or investment community or (ii) any materials other than the Memorandum
and this Agreement. 


        (i)    The
undersigned understands and agrees that the following restrictions and limitations are applicable to his/her purchases and resales, pledges, hypothecations or other
transfers of the Securities: 



          (i)  The
Securities shall not be sold, pledged, hypothecated or otherwise transferred unless registered under the 1933 Act and applicable state securities laws or an
exemption from such registration is available; 


         (ii)  In
addition to any other legend specified in the Memorandum, or the form of Debenture, the form of Warrant or the form of Registration Rights Agreement attached
thereto, as applicable, each certificate or other document evidencing or representing Securities shall be stamped or otherwise imprinted with a legend in substantially the following form (any conflict
among such forms of legend to be resolved by the Company in its sole discretion): 



THE
SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON EXEMPTIONS FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED, AND VARIOUS APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE SOLD, TRANSFERRED, PLEDGED OR ASSIGNED OR A SECURITY
INTEREST CREATED THEREIN, UNLESS THE PURCHASER, TRANSFEREE, ASSIGNEE, PLEDGEE OR HOLDER OF SUCH SECURITY INTEREST COMPLIES WITH ALL STATE AND FEDERAL SECURITIES LAWS (I.E., SUCH UNITS ARE REGISTERED
UNDER SUCH LAWS OR AN EXEMPTION FROM REGISTRATION IS AVAILABLE THEREUNDER) AND UNLESS THE SELLER, TRANSFEROR, ASSIGNOR, PLEDGOR OR GRANTOR OF SUCH SECURITY INTEREST PROVIDES AN OPINION OF COUNSEL
REASONABLY SATISFACTORY TO THE COMPANY THAT THE TRANSACTION CONTEMPLATED WOULD NOT BE IN VIOLATION OF THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY APPLICABLE STATE SECURITIES LAWS. TRANSFERABILITY
OF THE SECURITIES IS THEREFORE 





3







 



LIMITED
AND INVESTORS MUST BEAR THE ECONOMIC RISK OF THEIR INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. 





        (j)    The
undersigned acknowledges and represents that he/she has completed and executed the Purchaser Questionnaire attached hereto and that the information contained in such
questionnaire is complete and accurate. 


        (k)   The
undersigned represents and affirms that if an investment in the Units is being made pursuant to this Agreement by a corporation, partnership, trust or estate, 



          (i)  the
decision to invest and the execution and delivery of this Agreement have been duly authorized by such corporation, partnership, trust or estate; 



         (ii)  the
person executing this Agreement on behalf of such corporation, partnership, trust or estate has all right and authority, in his/her capacity as an officer, general
partner, trustee, executor or other representative of such corporation, partnership, trust or estate, as the case may be, to execute and deliver this Agreement on behalf of such corporation,
partnership, trust or estate; 


        (iii)  this
Agreement is a valid and binding agreement of such corporation; partnership, trust or estate, as the case may be, enforceable in accordance with its terms; and 



        (iv)  such
corporation, partnership, trust or estate was not organized for the specific purpose of acquiring the Units. 




        (l)    The
undersigned represents and affirms that if the undersigned is a partnership, it has, prior to commencement of the Offering, made other investments, and this
investment in the Company is being participated in by the partners of the undersigned in substantially the same proportions as such other prior investments. 


        (m)  The
undersigned represents and affirms that none of the following information has ever been represented, guaranteed or warranted to the undersigned, expressly or by
implication, by any person: 



          (i)  the
percentage of profit and/or amount of or type of consideration, profit or loss to be realized, if any, as a result of an investment in the Units; or 


         (ii)  the
possibility that the past performance or experience on the part of any subsidiary, officer, director, employee, agent or affiliate of the Company might in any way
indicate or predict the results of ownership of the Units or the potential success of the Company's operations. 




        (n)   The
undersigned represents that he/she has read and considered fully the sections in the Memorandum entitled "INVESTOR SUITABILITY STANDARDS" and "RISK FACTORS AND
INVESTMENT CONSIDERATIONS" and understands that (i) any investment in the Units is speculative and is subject to a high degree of risk and (ii) there are substantial restrictions on the
transferability of the Securities which may make impossible or impractical the liquidation of an investment in the Units in case of an emergency. 


        (o)   The
undersigned (i) acknowledges that the Memorandum, the information contained therein, and all other information concerning the Company delivered to the
undersigned in connection with the Offering (collectively, the "Proprietary Information") constitutes proprietary confidential information of the Company, (ii) warrants to the Company that
he/she shall not use, disclose or disseminate the Proprietary Information except for the sole and isolated purpose of making an investment decision related to the purchase of the Units, and
(iii) represents and warrants that he/she has not distributed or disseminated, nor will he/she at any time distribute or disseminate, the Proprietary Information to anyone other than personal
advisors of the 



4







 




undersigned,
and that the use of the Proprietary Information by any personal advisor has been, and will at all times, be limited to the sole and isolated purpose of evaluating the proposed purchase of
the Units by the undersigned. 


        (p)   The
undersigned represents and warrants that he/she is aware of and has read the applicable state securities notices and legends set forth in the forepart of the
Memorandum. 




        4.    Indemnification.    The undersigned acknowledges that he/she understands the meaning and legal consequences of
the representations, warranties and covenants set forth in Section 3 hereof and that the Company and its counsel, officers, directors, employees and agents have relied and will rely upon such
representations, warranties and covenants. The undersigned hereby agrees to indemnify and hold harmless the Company and each of its respective attorneys, officers, directors, employees and agents from
and against any and all loss, claim, damage, liability, cost or expense (including attorney's fees), joint or several, to which any such person may become subject due to or arising out of: 



        (a)   any
breach by the undersigned of, or any inaccuracy in, any such representation, warranty or covenant; 


        (b)   the
disposition of any of the Securities by the undersigned contrary to the foregoing representations, warranties or covenants; or 



        (c)   any
action, suit, proceeding, demand, assessment or judgment incident to or based upon any of the matters so indemnified against. 




Notwithstanding
the foregoing, however, no representation, warranty, acknowledgement, covenant or agreement made herein by the undersigned shall in any manner be deemed to constitute a waiver of any
rights granted to him/her under federal or state securities laws. 


        5.    Representations and Warranties of the Company.    The Company represents and warrants to the undersigned that as
of the date of the Memorandum: 



        (a)   The
Company is a duly organized Utah corporation in good standing. 


        (b)   The
Company has the legal right and power and all authority necessary to accept and execute this Agreement, to issue and deliver the Units, and to perform fully its
obligations hereunder. This Agreement has been duly authorized and, upon proper acceptance and execution by an officer of the Company, will constitute a valid and binding agreement of the Company
enforceable against it in accordance with its terms, except to the extent that its enforceability may be limited by applicable bankruptcy, insolvency, reorganization or other laws affecting the
enforcement of creditors' rights generally and by principles of equity regarding the availability of remedies. No consent, approval, authorization or order of any court or governmental agency or body
is required for the consummation
by the Company of the transactions contemplated in this Agreement except as such may be required under state securities laws. 


        (c)   The
Securities, if and when issued by the Company pursuant to this Agreement or, in the case of the Conversion Shares, pursuant to conversion of a Debenture, and in the
case of the Warrant Shares, pursuant to exercise of the Warrants, shall be duly authorized, validly issued, fully paid and non-assessable. 



        (d)   No
statement, representation, warranty or covenant made by the Company in the Memorandum, this Agreement or any document required by this Agreement is, to the knowledge
of the Company, inaccurate, untrue or incorrect in any material respect. 


        (e)   The
Company acknowledges that the undersigned will rely on the foregoing representations and warranties of the Company and the Company hereby agrees to indemnify and
hold harmless the undersigned from and against any and all loss, claim, damage, liability or expense and any action in respect thereof to which the undersigned may become subject as a direct 



5







 




result
of a breach by the Company of any such representations or warranties together with all reasonable costs and expenses (including attorneys' fees) incurred by the undersigned in connection with
any action, suit, proceeding, demand, assessment or judgment incident to any of the matters indemnified against. 




        6.    Non-Transferability.    Neither this Agreement nor any of the undersigned's interest therein is
assignable by the undersigned. 


        7.    Acceptance.    Execution and delivery of this Agreement by the undersigned shall constitute an offer to purchase
the number of Units set forth herein, which offer may be accepted or rejected by the Company in its sole discretion for any reason or for no reason and without liability to the Company. The Company
shall indicate acceptance of this Agreement only by signing as indicated on the signature page hereof. 


        8.    Binding Agreement.    Upon delivery of this Agreement signed by the undersigned to the Company, the undersigned
agrees that he/she may not cancel, terminate or revoke any obligation of the undersigned made hereunder and that all representations, warranties, covenants and duties contained in this Agreement shall
be binding upon the heirs, successors, assigns, executors, administrators, guardians, conservators or personal representatives of the undersigned and shall survive (i) the acceptance of this
Agreement by the Company and (ii) the death or disability of the undersigned. 


        9.    Entire Agreement.    This Agreement constitutes the entire agreement among the parties pertaining to the subject
matter hereof, supersedes any and all prior agreements and understandings of the parties, and may be amended only by a writing executed by all parties. No covenant, representation or condition not
expressed in this Agreement shall affect or be deemed to interpret, change or restrict the express provisions hereof. 


        10.    Governing Law.    This Agreement shall be governed and construed for all purposes in accordance with the laws
(without giving effect to the principles governing conflicts of laws) of the State of Utah. The parties hereby subject themselves to the jurisdiction of the federal and state courts located within the
State of Utah and agree that the exclusive venue and place of jurisdiction for any lawsuit arising under or related to the Offering shall be the State of Utah. 



        11.    Incorporation by Reference.    All statements, representations and other information set forth on the signature
page hereof and all attachments hereto are incorporated herein as integral terms of this Agreement. 



NOTE:    THIS SUBSCRIPTION AGREEMENT IS NOT COMPLETE AND WILL NOT BE ACCEPTED BY THE COMPANY UNTIL THE FOLLOWING STEPS ARE COMPLETED:  


	1.
	 THE SUBSCRIBER INFORMATION REQUESTED ON THE FOLLOWING PAGES MUST BE PROVIDED IN FULL.


 
	2.
	 THIS AGREEMENT MUST BE EXECUTED BY EACH SUBSCRIBER IN THE APPROPRIATE MANNER ON THE FOLLOWING PAGE.


 
	3.
	 THE PURCHASER QUESTIONNAIRE, WHICH BEGINS ON PAGE 11 HEREOF, MUST BE COMPLETED AND SIGNED.  



(REMAINDER OF PAGE INTENTIONALLY LEFT BLANK) 


6








 

        IN
WITNESS WHEREOF, the undersigned has executed this Agreement as of the    day of March, 2003. 



	1.	 	          
 Signature of Subscriber	 	          
 Signature of Joint Subscriber, if applicable
	

 	
 	

          
 Name of Subscriber

(Please Print or Type)	
 	

          
 Name of Joint Subscriber, if applicable

(Please Print or Type)
	

2.	
 	

Subscriber's State/Province of
Residence:                                       
             
	

3.	
 	

Subscriber's Social Security or Taxpayer Identification Number:                            
	

 	
 	

Joint Subscriber's Social Security or Taxpayer Identification Number

(if applicable):                            
	

4.	
 	

Residence Address or, if Subscriber is not a natural person, business address (please indicate street address—post office address is not legally sufficient):
	

5.	
 	

Mailing Address (if different from residence address):
	

 	
 	


	

6.	
 	

Jurisdiction of Organization (if investor is not a natural person)
:                            
	

7.	
 	

Please indicate capacity of person signing above (if investor is not a natural person):
	

 	
 	


	

8.	
 	

Number of Units subscribed for:                            
	

9.	
 	

Total Price of Units subscribed for: $                             ($1,000 per Unit)
	

10.	
 	
Delivery Instructions.





	(a)
	Payment in Cash.    Checks should be made payable to "Sento Corporation" and
must be tendered at the time this Agreement and related documents are submitted. Do not make checks payable to any placement
agent that may be engaged by the Company to sell Units. All checks received will be deposited in the general account of the Company. 




Funds
may be wired to the Company's general account at Zion's Bank, 406 North State Street, Orem, Utah 84057, ABA No. 124000054, Acct. No. 71-516066. 


Documents
and checks (unless funds are wired) should be mailed or delivered to: 




SENTO CORPORATION

ATTN: STANLEY J. CUTLER

808 EAST UTAH VALLEY ROAD

AMERICAN FORK, UTAH 84003





	(b)
	Payment by Surrender of 2000 Debentures.    If payment is to be made by exchange of the 7% Convertible Subordinated Debenture
of the Company held by the person, the original debenture should be surrendered to the Company together with the Notice of Exchange included with these subscription documents. All documents should be
sent to the address set forth immediately above. 



7












  



	

NOTE:	
THE FOLLOWING MUST BE COMPLETED TO BE USED BY SENTO CORPORATION IN RECORDING THE OWNERSHIP OF THE UNITS
	

1.	

Name in which Units are to be registered:
	

 	

 (Please Print)
	

2.	

Complete mailing address for delivery of notices and other Company communications:
	

 	


	

 	

Attention:	

    

	

3.	

If subscriber is other than natural person, check one:
	

 	

 	

[    ]    General Partnership
	 	 	[    ]    Limited Partnership
	 	 	[    ]    Corporation
	 	 	[    ]    Subchapter S Corporation
	 	 	[    ]    "Grantor" Trust
	 	 	[    ]    Trust
	 	 	[    ]    Estate
	 	 	[    ]    Pension Plan
	 	 	[    ]    Limited Liability Company
	

4.	

If joint ownership, check one:
	

 	

 	

[    ]    Joint Tenants with Right of Survivorship
	 	 	[    ]    Tenants-in-Common
	 	 	[    ]    Community Property
	

Accepted as of                        , 2003.





	 	 	SENTO CORPORATION, a Utah corporation
	

 	
 	

 	

 
	 	 	By:	    

	

 	
 	

Its:	

    





8







 
SENTO CORPORATION  


 PURCHASER QUESTIONNAIRE  


        The following information is furnished to Sento Corporation, a Utah corporation (the "Company"), in order for it to determine whether the undersigned is qualified
to purchase certain Units (the "Units") of 8% convertible subordinated debentures ("Debentures") convertible for shares of common stock of the Company ("Conversion Shares") and warrants ("Warrants")
for the purchase of shares of common stock of the Company ("Warrant Shares"), pursuant to Sections 3(b) and 4(2) of the Securities Act of 1933, as amended (the "1933 Act"), Regulation D
promulgated thereunder ("Regulation D") and applicable state securities laws. This Questionnaire is attached to, incorporated in, and constitutes a material portion of, a subscription agreement
delivered by the undersigned to the Company (the "Agreement"). The undersigned understands that the Company will rely upon the following information for purposes of such determination and that, in
reliance upon the exemptions from registration provided by Sections 3(b) and 4(2) of the 1933 Act and Regulation D, neither the Units, the Debentures,
the Conversion Shares, the Warrants nor the Warrant Shares (collectively, the "Securities") will be registered under the 1933 Act. 


        ALL
INFORMATION CONTAINED IN THIS QUESTIONNAIRE WILL BE TREATED CONFIDENTIALLY. The undersigned agrees, however, that the Company may present this Questionnaire to such parties as it may
deem appropriate if called upon to establish that the proposed offer and sale of the Securities is exempt from registration under the 1933 Act or meets the requirements of applicable state securities
laws. 


        The
undersigned understands that this Questionnaire is merely a request for information. The undersigned understands that this Questionnaire is not an offer to sell or sale of the
Securities and that no sale will occur prior to the acceptance of the undersigned's subscription by the Company. 


9







 
SECTION A  


 ALL INVESTORS MUST COMPLETE THIS SECTION

(Please Print)  



	1.	 	Name:	 	 	 	 
	 	 	 	 	
            (First)
                        (Middle Initial)
                        (Last)            
	 	 	 	 	 	 	 
	 	 	            Additional Investor (i.e., joint tenant):
	 	 	 	 	 	 	 
	

 	
 	

 	
 	

            (First)
                        (Middle Initial)
                        (Last)            
	 	 	 	 	 	 	 
	 	 	Home Address:	 	 	 	 
	 	 	 	 	
 (Street)
	 	 	 	 	 	 	 
	 	 	 	 	
            (City)
                                         
       (State)            (Zip Code)
	 	 	 	 	 	 	 
	 	 	Telephone:	 	(            )
                        
 (Include Area Code)
	

 	
 	

Age:	
 	

 	
 	

 
	 	 	 	 	
	 	
 (Additional Investor)
	 	 	 	 	 	 	 
	 	 	Social

Security No.:	 	 	 	 
	 	 	 	 	
	 	
 (Additional Investor)
	 	 	 	 	 	 	 
	2.	 	Employer:	 	 	 	 
	 	 	 	 	

	 	 	 	 	 	 	 
	 	 	Business

Address:	 	 	 	 
	 	 	 	 	
 (Street)
	 	 	 	 	 	 	 
	 	 	 	 	
 (City)
                                         
                               (State)
            (Zip Code)
	 	 	 	 	 	 	 
	 	 	Business

Telephone:	 	  

(            )
                                         
       
 (Area Code)	 	 
	 	 	 	 	 	 	 
	 	 	Occupation:	 	 	 	 
	 	 	 	 	

	 	 	 	 	 	 	 
	3.	 	Send Mail to:

(Select one)	 	                    Home                  
                          Office
	 	 	 	 	                    Other:                  
                                         
                                         




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        I
hereby represent that the statement or statements initialed below are true and correct in all respects. I understand that a false representation may constitute a violation of law, that
any person who suffers damage as a result of a false representation may have a claim against me for damages, and I understand that under the Agreement I am required to indemnify the Company and its
respective affiliates against damages they suffer as a result of any false representation contained anywhere herein. I authorize the Company and relevant third parties to verify the accuracy of
statements contained herein. 


IF YOU ARE EXECUTING THIS AGREEMENT AS AN INDIVIDUAL PLEASE CONTINUE WITH PART I BELOW. OTHERWISE SKIP TO PART II, III, IV OR V BELOW, AS
APPLICABLE.


	I.
	PLACE
YOUR INITIALS BESIDE THE STATEMENTS WHICH ARE TRUE:






	

    
 Initial

Here	
 	

1.	
 	

I had individual income (exclusive of any income attributable to my spouse) in excess of $200,000 in each of the most recent two years and I reasonably expect to have an individual income in excess of $200,000 for the current year, or I had joint
income with my spouse in excess of $300,000 in each of those years and I reasonably expect to have a joint income with my spouse in excess of $300,000 for the current year.
	

 	
 	

 	
 	

For purposes of this Questionnaire, individual income means adjusted gross income, as reported for federal income tax purposes, less any income attributable to my spouse or to property owned by my spouse, (A) increased by my share and not my
spouse's share of (i) the amount of any tax exempt interest income received, (ii) any deduction claimed for depletion, (iii) amounts contributed to an IRA or Keogh retirement plan, (iv) alimony paid, and (v) the excluded
portion of any long-term capital gains, and (B) plus or minus any noncash loss or gain, respectively, reported for Federal income tax purposes.
	

    
 Initial

Here	
 	

2.	
 	

I have an individual net worth, or my spouse and I have a combined individual net worth, in excess of $1,000,000. For purposes of this Questionnaire, "individual net worth" means the excess of total assets at fair market value, including home and
personal property, over total liabilities.
	

    
 Initial

Here	
 	

3.	
 	

I am qualified as an "accredited investor" pursuant to Rule 501(a) of Regulation D of the 1933 Act for the following reason:
	

 	
 	

 	
 	


	 	 	 	 	 
	 	 	 	 	

	 	 	 	 	 
	 	 	 	 	






IF YOU ARE EXECUTING THIS AGREEMENT AS AN INDIVIDUAL, SKIP TO SECTION B, PAGE 16. OTHERWISE, CONTINUE WITH PART II, III, IV OR V BELOW, AS
APPLICABLE.


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	II.    FOR CORPORATIONS AND PARTNERSHIPS ONLY (INITIAL IF APPLICABLE):
	

    
 Initial

Here	
 	

1.	
 	

The undersigned hereby certifies that the partnership or corporation which he/she represents possesses total assets in excess of $5,000,000 and was not formed for the specific purpose of acquiring the securities offered by the Company.
	

    
 Initial

Here	
 	

2.	
 	

The undersigned hereby certifies personally, and on behalf of the partnership or corporation which he/she represents, that all of the beneficial owners of equity qualify individually as accredited investors meeting one or more of the criteria set
forth in Part I above. (A partnership or corporation attempting to qualify as accredited under this paragraph should complete Exhibit A to this Questionnaire.)
	

III.    FOR TRUSTS ONLY (INITIAL IF APPLICABLE):
	

    
 Initial

Here	
 	

1.	
 	

The undersigned hereby certifies that the trust which he/she represents possesses total assets in excess of $5,000,000 and was not formed for the specific purpose of acquiring the Securities offered by the Company, and that the purchase of the Units
is directed by a sophisticated person as described in Rule 506(b)(2)(ii) of the 1933 Act.
	

    
 Initial

Here	
 	

2.	
 	

The undersigned hereby certifies personally, and on behalf of the trust that he/she represents, that such trust is a revocable trust which may be amended or revoked at any time by the grantors, and all the grantors are accredited individual investors
meeting one or more of the criteria set forth in Part I above.
	

IV.    FOR TRUSTEES AND AGENTS (READ AND INITIAL BOTH STATEMENTS):
	

    
 Initial

Here	
 	

1.	
 	

The undersigned hereby acknowledges that he/she is acting as an agent or trustee for the following person or entity:
	

 	
 	

 	
 	


	

    
 Initial

Here	
 	

2.	
 	

The undersigned hereby agrees to provide to the Company, upon the Company's request, the following documents:
	

 	
 	

 	
 	

(a)	
 	

a copy of the trust agreement, power of attorney or other instrument granting the power and authority to execute and deliver the Agreement, or
	

 	
 	

 	
 	

(b)	
 	

an opinion of counsel verifying the undersigned's power and authority to execute and deliver the Agreement.
	

V.    FOR RETIREMENT OR EMPLOYEE BENEFIT PLANS (INITIAL IF APPLICABLE):
	

    
 Initial

Here	
 	

1.	
 	

The undersigned hereby certifies that the plan which he/she represents was established and is currently maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions for the benefit of
its employees and that plan has total assets in excess of $5,000,000.
	 	 	 	 	 	 	 



12







 

	

    
 Initial

Here	
 	

2.	
 	

The undersigned hereby certifies that the plan which he/she represents is an employee benefit plan within the meaning of the Employment Retirement Income Security Act of 1974 ("ERISA") and that either,
	

 	
 	

    
 Initial	
 	

(a)    the decision to invest in the Units was made by a plan fiduciary, as defined in Section 3(21) of ERISA, which is either a bank, savings and loan association, insurance company, or registered investment advisor;
or
	

 	
 	

    
 Initial	
 	

(b)    the employee benefit plan has total assets in excess of $5,000,000; or
	

 	
 	

    
 Initial	
 	

(c)    the plan is a self-directed plan, the decision to invest in the Units was made solely by a person that is an accredited investor meeting one or more of the criteria set forth in Part I above, and each of the following
statements is true with respect to that plan:








	(i)
	the
plan provides for segregated accounts for each plan participant,



	(ii)
	the
document governing the plan provides each participant with the power to direct each particular investment to the extent of the participant's voluntary contributions
plus any portion of employer contributions that have vested to the participant's benefit, and



	(iii)
	the
decision to invest in the Units was made pursuant to the plan participant's power to direct the investment of his or her account in the plan trust. 






13
















   SECTION B  


 ALL INVESTORS MUST COMPLETE THIS SECTION  


        The following information is to be provided by prospective purchasers who are individuals, by the person making the investment decision on behalf of corporations,
partnerships, trusts, plans or other entities, or by the person making the investment decisions on behalf of the individuals investing as joint tenants. 


        I.     Business
or professional education: 



	School
	 	Field of Study
	 	Dates of Attendance
	 	Degree

	


	


	







        II.    Current
and prior employment, positions or occupations (Please set forth employment history during at least the past five years, indicating employer, title, principal
responsibilities and years of service):
                                         
        



	


	


	


	


	


	







        III.  Details
of any training or experience in financial, business or tax matters not disclosed in Items I and II immediately above:
                                         
                                          
                                          
                                         
                
 



	


	


	







        IV.   Prior
investments in high risk equity or debt offerings (Please itemize each investment separately): 



	Name

of Company

or Offering
	 	Type of Investment

(stock, real estate,

oil and gas, equipment leasing, etc.)
	 	Year of

Investment
	 	Amount

Invested

	


	


	







        V.     I
have made the following additional investments which may reflect my knowledge and experience in financial and business matters: 



	


	


	







        VI.  I
have previously purchased securities which were offered through exempt private placements. 





Yes            No        







        VIII.   If
this investment is being made by a retirement or employee benefit plan which is not qualified as an accredited investor, I certify that each plan
participant whose plan funds will be placed at risk in connection with this investment has been provided a copy of the Memorandum and possesses the financial sophistication described below (Please
list each plan participant and describe his or her qualifications to evaluate an investment in the Units): 



	


	


	






14







 
SECTION C  


 TO BE COMPLETED BY ALL INVESTORS:  


I
represent that: 



	(a)
	The
information contained in this Questionnaire is complete and accurate and may be relied upon; and



	(b)
	I
will notify the Company immediately of any material adverse change in any of such information occurring prior to the acceptance of my subscription. 






        IN
WITNESS WHEREOF, the undersigned has initialed the foregoing statements and executed this Questionnaire this              day of
                        , 2003. 



	

Individuals:	

    
 Signature
	

 	

    
 Print or Type Name
	

 	

    
 Additional Investor Signature

(i.e., joint tenant)
	

 	

    
 Print or Type Name of Additional Investor
	

Entities:	

    
 Print or Type Name of Entity
	

 	

By	

    
 Signature
	

 	

By	

    
 Print or Type Title and Name




15







 
FOR ACCREDITED PARTNERSHIPS, CORPORATIONS

AND LIMITED LIABILITY COMPANIES ONLY

(IF APPLICABLE):

EXHIBIT A

TO

PURCHASER QUESTIONNAIRE  


        I hereby certify that set forth below is a complete list of all owners of equity in
                        , a
                         (type of entity), formed pursuant to the laws of the State of
                        . I also certify that each such owner is an
individual "accredited investor," meeting one or more of the criteria set forth in the attached Purchaser Questionnaire. 


Signature
and title of authorized

corporate officer or general partner 



	 
	 	Name of Equity Owner

	

  1.	
 	

 
	 	 	

	

  2.	
 	

 
	 	 	

	

  3.	
 	

 
	 	 	

	

  4.	
 	

 
	 	 	

	

  5.	
 	

 
	 	 	

	

  6.	
 	

 
	 	 	

	

  7.	
 	

 
	 	 	

	

  8.	
 	

 
	 	 	

	

  9.	
 	

 
	 	 	

	

10.	
 	

 
	 	 	





16







 
NOTICE OF EXCHANGE  


TO:
SENTO CORPORATION (the "Company"): 


        The
undersigned holder of the attached 7% Convertible Subordinated Debenture (the "2000 Debenture") of the Company hereby elects to purchase Units offered pursuant to the terms of the
Private Placement Memorandum dated March 10, 2003 as amended by the First Amendment and Supplement thereto dated March 25, 2003, by exchanging the undersigned's 2000 Debenture for Units
containing (i) new Debentures in the face amount of the 2000 Debenture surrendered herewith and accrued but unpaid interest thereon, and (ii) one Warrant for each $4.00 of the face
amount of the surrendered 2000 Debenture and accrued interest. 


        Please
issue a new Debenture and Warrant in the name set forth on the Subscription Agreement. 



	

(DATE)	
 	

 
	

 	
 	

 (SIGNATURE)
	

 	
 	

 (PRINT OR TYPE NAME)




17











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SUBSCRIPTION AGREEMENT SENTO CORPORATION $1,500,000 1,500 Units of 8% Convertible Subordinated Debenture and Warrants