----

| 1. |  | Exercise of      Warrant. |
|----|--|---------------------------|

|   | (a) | Subject      to the other terms and conditions of this Warrant, the purchase rights      evidenced by this Warrant may be exercised in whole or in part at any      time, and from time to time before the Expiration Date, by the Holder's      presentation and surrender of this Warrant to the Company at its principal      office or at the office of the Company's stock transfer agent, if any,      accompanied by a duly executed Notice of Exercise, in the form attached to      and by this reference incorporated in this Warrant as Exhibit A, and      by payment of the aggregate Exercise Price, in immediately available      funds, for that number of Warrant Securities specified in the Notice of      Exercise.  In the event this Warrant is exercised in part only,      as soon as is practicable after the presentation and surrender of this      Warrant to the Company for exercise, the Company shall execute and deliver      to the Holder a new Warrant, containing the same terms and conditions as      this Warrant, evidencing the right of the Holder to purchase that number      of Warrant Securities as to which this Warrant has not been      exercised. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Upon receipt of this Warrant by the Company as described in      subsection (a) above, the Holder shall be deemed to be the holder of      record of the Warrant Securities issuable upon such exercise,      notwithstanding that the transfer books of the Company may then be closed      or that certificates representing such Warrant Securities may not have      been prepared or actually delivered to theHolder. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. |  | Exchange,      Assignment or Loss of Warrant. |
|----|--|-----------------------------------------------|

|   | (a) | This      Warrant may be sold, transferred or assigned at any time, in whole or in      part, if (i) the transfer is by operation of law as a result of the      death of any Holder to whom all or a portion of this Warrant may be      transferred, (ii) the transfer is to any successor of the Holder's      business and (iii) to such other persons for which transaction an      exemption from the registration requirements of the Act can be established      to the satisfaction of the Company.  All sales, transfers,      assignments or hypothecations of this Warrant must be in compliance with      Section 8 hereof.  Any assignment or transfer of this      Warrant shall be made by the presentation and surrender of this Warrant to      the Company at its principal office or the office of its transfer agent,      if any, accompanied by a duly executed Assignment Form, in the form      attached to and by this reference incorporated in this Warrant as      Exhibit B.  Upon the presentation and surrender of these      items to the Company, the Company, at its sole expense, shall execute and      deliver to the new Holder or Holders a new Warrant or Warrants, containing      the same terms and conditions as this Warrant, in the name of the new      Holder or Holders as named in the Assignment Form, and this Warrant shall      at that time be canceled. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | This      Warrant, alone or with other Warrants containing the same terms and      conditions and owned by the same Holder, is exchangeable at the option of      the Holder but at the Company's sole expense, at any time prior to its      expiration either by its terms or by its exercise in full upon      presentation and surrender to the Company at its principal office or at      the office of its transfer agent, if any, for another Warrant or other      Warrants, of different denominations but containing the same terms and      conditions as this Warrant, entitling the Holder to purchase the same      aggregate number of Warrant Securities that were purchasable pursuant to      the Warrant or Warrants presented and surrendered.  At the time      of presentation and surrender by the Holder to the Company, the Holder      also shall deliver to the Company a written notice, signed      by the Holder, specifying the denominations in which new Warrants are to      be issued to the Holder. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (c) | The      Company will execute and deliver to the Holder a new Warrant containing      the same terms and conditions as this Warrant upon receipt by the Company      of evidence reasonably satisfactory to it of the loss, theft, destruction,      or mutilation of this Warrant, provided that (i) in the case of loss,      theft, or destruction, the Company receives from the Holder a reasonably      satisfactory indemnification, and (ii) in the case of mutilation, the      Holder presents and surrenders this Warrant to the Company for      cancellation.  Any new Warrant executed and delivered shall      constitute an additional contractual obligation on the part of the Company      regardless of whether the Warrant that was lost, stolen, destroyed, or      mutilated shall be enforceable by anyone at any  time. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. |  | Anti-Dilution      Provisions. |
|----|--|--------------------------------|

|   | 3.1 | Stock Splits, Dividends,      Etc. |
|--------|-----|------------------------------------|

|   | (a) | If      the Company shall at any time subdivide its outstanding shares of Common      Stock (or other securities at the time receivable upon the exercise of the      Warrant) by recapitalization, reclassification or split-up thereof, or if      the Company shall declare a stock dividend or distribute shares of Common      Stock to its stockholders, the number of shares of Common Stock subject to      this Warrant immediately prior to such subdivision shall be      proportionately increased, and if the Company shall at any time combine      the outstanding shares of Common Stock by recapitalization,      reclassification or combination thereof, the number of shares of Common      Stock subject to this Warrant immediately prior to such combination shall      be proportionately decreased.  Any such adjustment and      adjustment to the Exercise Price pursuant to this section shall be      effective at the close of business on the effective date of such      subdivision or combination or if any adjustment is the result of a stock      dividend or distribution then the effective date for such adjustment based      thereon shall be the record datetherefor. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Whenever      the number of shares of Common Stock purchasable upon the exercise of this      Warrant is adjusted, as provided in this section, the Exercise Price shall      be adjusted to the nearest cent by multiplying such Exercise Price      immediately prior to such adjustment by a fraction (x) the numerator of      which shall be the number of shares of Common Stock purchasable upon the      exercise immediately prior to such adjustment, and (y) the denominator of      which shall be the number of shares of Common Stock so purchasable      immediately thereafter. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 3.2 | Adjustment for      Reorganization, Consolidation, Merger, Etc.  In case of      any reorganization of the Company (or any other corporation, the      securities of which are at the time receivable on the exercise of this      Warrant) shall consolidate with or merge into another corporation or      convey all or substantially all of its assets to another corporation,      then, and in each such case, the Holder of this Warrant upon the exercise      at any time after the consummation of such reorganization, consolidation,      merger or conveyance, shall be entitled to receive, in lieu of the      securities and property receivable upon the exercise of this Warrant prior      to such consummation, the securities or property to which such Holder      would have been entitled upon such consummation if such Holder had      exercised this Warrant immediately prior thereto; in each such case, the      terms of this Warrant shall be applicable to the securities or property      received upon the exercise of this Warrant after such      consummation. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3.3 | Certificate as to      Adjustments.  In each case of an adjustment in the number      of shares of Common Stock receivable on the exercise of this Warrant, the      Company at its expense shall promptly compute such adjustment in      accordance with the terms of the Warrant and prepare a certificate      executed by an officer of the Company setting forth such adjustment and      showing the facts upon which such adjustment is based.  The      Company shall forthwith mail a copy of each such certificate to each      Holder.  The failure to prepare or provide such certificate      shall not modify the rights of any party  hereunder. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3.4 | Notices of Record Date, Etc.  Incase: |
|--------|-----|-------------------------------------------------|

|   | (a) | the      Company shall take a record of the holders of its Common Stock (or other      securities at the time receivable upon the exercise of the Warrant) for      the purpose of entitling them to receive any dividend (other than a cash      dividend at the same rate as the rate of the last cash dividend      theretofore paid) or other distribution, or any right to subscribe for,      purchase or otherwise acquire any shares of stock of any class or any      other securities, or to receive any other right;  or |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | of      any voluntary or involuntary dissolution, liquidation or winding-up of the      Company, then, and in each such case, the Company shall mail or cause to      be mailed to each Holder a notice specifying, as the case may be,      (i) the date on which a record is to be taken for the purpose of such      dividend, distribution or right, and stating the amount and character of      such dividend, distribution or right, or (ii) the date on which such      reorganization, reclassification, consolidation, merger, conveyance,      dissolution, liquidation or winding-up is to take place, and the time, if      any, to be fixed, as to which the holders of record of Common Stock (or      such other securities at the time receivable upon the exercise of this      Warrant) shall be entitled to exchange their shares of Common Stock (or      such other securities) for securities or other property deliverable upon      such reorganization, reclassification, consolidation, merger, conveyance,      dissolution, liquidation or winding-up.  Such notice shall be      mailed at least twenty (20) days prior to the date therein specified, and      this Warrant may be exercised prior to said date during the term of the      Warrant. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 3.5 | Threshold for Adjustments.  Anything in this section to the      contrary notwithstanding, the Company shall not be required to give effect      to any adjustment until the cumulative resulting adjustment in the      Exercise Price pursuant to Subsection 6.1.2 shall have required a      change of the Exercise Price by at least $.01, but when the cumulative net      effect of more than one adjustment so determined shall be to change the      Exercise Price by at least $.01, such full change in the Exercise Price      shall thereupon be given effect.  No adjustment shall be made by      reason of the issuance of shares upon conversion rights, stock issuance      rights or similar rights currently outstanding or any change in the number      of treasury shares held by the Company. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. |   | Reservation of Warrant      Securities.  The Company hereby agrees that at all times      prior to the Expiration Date, it will have authorized and will reserve and      keep available for issuance and delivery to the Holder that number of      Warrant Securities that may be required from time to time for issuance and      delivery upon the exercise of the then unexercised portion of this Warrant      and all other similar Warrants then outstanding and unexercised and upon      the exercise of any WarrantSecurities. |
|----|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. |   | Registration Under      the Securities Act of 1933. |
|----|--------|-----------------------------------------------------|

|   | (a) | If      at any time prior to the Expiration Date, the Company files a registration      statement with the United States Securities and Exchange Commission      pursuant to the Securities Act of 1933, as amended (the "Act"), or      pursuant to any other act passed after the date of this Agreement, which      filing provides for the sale of securities by the Company to the public,      or files a Regulation A Offering Statement under the Act, the Company      shall offer to the Holder or Holders of this Warrant and the holders of      any Warrant Securities the opportunity to register or qualify the Warrant      (if prior to its expiration), Warrant Securities and any Warrant      Securities underlying the unexercised portion of this Warrant, if any, at      the Company's sole expense; provided, however, that in the case of a      Regulation A offering, the opportunity to qualify shall be limited to      the amount of the available exemption after taking into account the      securities that the  Company wishes to      qualify.  Notwithstanding anything to the contrary, this      subsection (a) shall not be applicable to a registration statement on      Forms S-4, S-8 or their successors or any other inappropriate forms      filed by the Company with the United States Securities and Exchange      Commission. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   |  | The      Company shall deliver written notice to the Holder or Holders of this      Warrant and to any holders of the Warrant Securities of its intention to      file a registration statement or Regulation A Offering Statement      under the Act at least 60 days prior to the filing of such registration      statement or offering statement, and the Holder or Holders and holders of      Warrant Securities shall have 30 days thereafter to request in writing      that the Company register or qualify the Warrant, Warrant Securities, or      the Warrant Securities underlying the unexercised portion of this Warrant      in accordance with this subsection (a).  Upon the delivery      of such a written request within the specified time, the Company shall be      obligated to include in its contemplated registration statement or      offering statement all information necessary or advisable to register or      qualify the Warrant, Warrant Securities or Warrant Securities underlying      the unexercised portion of this Warrant for a public offering, if the      Company does file the contemplated registration statement or offering      statement; provided, however, that neither the delivery of the notice by      the Company nor the delivery of a request by a Holder or by a holder of      Warrant Securities shall in any way obligate the Company to file a      registration statement or offering statement.  Furthermore,      notwithstanding the filing of a registration statement or offering      statement, the Company may, at any time prior to the effective date      thereof, determine not to offer the securities to which the registration      statement or offering statement relates, other than the Warrant, Warrant      Securities and Warrant Securities underlying the unexercised portion of      this Warrant.The      Company shall comply with the requirements of this subsection (a) and      the related requirements of subsection (g) at its own      expense.  That expense shall include, but not be limited to,      legal, accounting, consulting, printing, federal and state filing fees,      NASD fees, out-of-pocket expenses incurred by counsel, accountants and      consultants retained by the Company, and miscellaneous expenses directly      related to the registration statement or offering statement and the      offering.  However, this expense shall not include the portion      of any underwriting commissions, transfer taxes and the underwriter's      accountable and nonaccountable expense allowances attributable to the      offer and sale of the Warrant, Warrant Securities and the Warrant      Securities underlying the unexercised portion of this Warrant, all of      which expenses shall be borne by the Holder or Holders of this Warrant and      the holders of the Warrant Securities registered or    qualified |
|--------|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | In      the event that the Company registers or qualifies the Warrant, Warrant      Securities or the Warrant Securities underlying the unexercised portion of      this Warrant pursuant to subsection (a) above, the Company shall      include in the registration statement or qualification, and the prospectus      included therein, all information and materials necessary or advisable to      comply with the applicable statutes and regulations so as to permit the      public sale of the Warrant, Warrant Securities or the Warrant Securities      underlying the unexercised portion of this Warrant.  As used in      subsection (a) of this Section 7, reference to the Company's      securities shall include, but not be limited to, any class or type of the      Company's securities or the securities of any of the Company's      subsidiaries or affiliates. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (c) | In      addition to the registration rights described in subsection (a)      above, the Company shall use its best efforts to register or qualify the      Warrant and Warrant Securities within ninety (90) days of the date of this      Warrant.  The Company shall deliver written notice to all      Holders of this Warrant and holders of Warrant Securities, if any,      advising them that the Company is proceeding with a registration statement      or offering statement and that their Warrant and Warrant Securities will      be included therein.  The Company will supply all information      necessary or advisable for any such registration statements or offering      statements at its own expense. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | As      to each registration statement or offering statement, the Company's      obligations contained in this Section 7 shall be conditioned upon a      timely receipt by the Company in writing of the  following: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | Information      as to the terms of the contemplated public offering furnished by and on      behalf of each Holder or holder intending to make a public distribution of      the Warrant, Warrant Securities or Warrant Securities underlying the      unexercised portion of the Warrant;and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | Such      other information as the Company may reasonably require from such Holders      or holders, or any underwriter for any of them, for inclusion in the      registration statement or offeringstatement. |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | In      each instance in which the Company shall take any action to register or      qualify the Warrant, Warrant Securities or the Warrant Securities      underlying the unexercised portion of this Warrant, if any, pursuant to      this Section 7, the Company shall do the  following: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | supply      to Holder, or any successor or assign whose Warrant and Warrant Securities      are being registered or qualified, two (2) manually signed copies of each      registration statement or offering statement, and all amendments thereto,      and a reasonable number of copies of the preliminary, final or other      prospectus or offering circular, all prepared in conformity with the      requirements of the Act and the rules and regulations promulgated      thereunder, and such other documents as Holder shall reasonably      request; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | cooperate      with respect to (A) all necessary or advisable actions relating to      the preparation and the filing of any registration statements or offering      statements, and all amendments thereto, arising from the provisions of      this Section 7, (B) all reasonable efforts to establish an      exemption from the provisions of the Act or any other federal or state      securities statutes, (C) all necessary or advisable actions to      register or qualify the public offering at issue pursuant to federal      securities statutes and the state "blue sky" securities statutes of each      jurisdiction that the Holders of the Warrant or holders of Warrant      Securities shall reasonably request, and (D) all other necessary or      advisable actions to enable the Holders of the Warrant and holders of the      Warrant Securities to complete the contemplated disposition of their      securities in each reasonably requested  jurisdiction; |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (iii) | keep      all registration statements or offering statements to which this      Section 7 applies, and all amendments thereto, effective under the      Act for a period of at least nine (9) months after their initial      effective date and cooperate with respect to all necessary or advisable      actions to permit the completion of the public sale or other disposition      of the securities subject to a registration statement or offering      statement; and |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | indemnify      and hold harmless each Holder of the Warrant, each holder of Warrant      Securities, and each underwriter within the meaning of the Act for each      such Holder or holder, from and against all losses, claims, damages, and      liabilities, including, but not limited to, any and all expenses      reasonably incurred in investigating, preparing, defending or settling any      claim, arising from or relating to (A) any untrue or alleged untrue      statement of a material fact contained in any registration statement or      offering statement to which this Section 7 applies, or (B) any      omission or alleged omission to state a material fact necessary to make      the statements contained in a registration statement or offering statement      to which this Section 7 applies not misleading; provided, however,      that the indemnification contained in this provision (iv) shall not      apply if the untrue statement or omission, or alleged untrue statement or      omission, was the result of information furnished in writing to the      Company by the Holder, holder or underwriter seeking indemnification      expressly for use in the registration statement or offering statement at      issue.  To the extent that the indemnification contained in this      provision applies, the Company also shall indemnify and hold harmless each      officer, director, employee, controlling person or agent of an indemnified      Holder, holder or underwriter. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | In      each instance in which pursuant to this Section 7 the Company shall      take any action to register or qualify the Warrant, Warrant Securities or      the Warrant Securities underlying the unexercised portion of this Warrant,      prior to the effective date of any registration statement or offering      statement, the Company and each Holder or holder of Warrants or Warrant      Securities being registered or qualified shall enter into reciprocal      indemnification agreements, in the form customarily used by reputable      investment bankers with respect to public offerings of securities,      containing substantially the same terms as described in      subsection (e)(iv) above.  These indemnification agreements      also shall contain an agreement by the Holder or shareholder at issue to      indemnify and hold harmless the Company, its officers, directors from and      against any and all losses, claims, damages and liabilities, including,      but not limited to, all expenses reasonably incurred in investigating,      preparing, defending or settling any claim, directly resulting from any      untrue statements of material facts, or omissions to state a material fact      necessary to make a statement not misleading, contained in a registration      statement or offering statement to which this Section 7 applies, if,      and only if, the untrue statement or omission directly resulted from      information provided in writing to the Company by the indemnifying Holder      or shareholder expressly for use in the registration statement or offering      statement at issue. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (g) | The      term "Majority Holder" as used in this Section 7 shall include any      Holder, any holder of Warrant Securities, or any combination of Holders      and such holders of Warrant Securities, if they hold, in the aggregate,      unexercised Warrants plus issued and outstanding Warrant Securities equal      to more than 50% of the total of (i) all Warrant Securities issued      and outstanding as a result of the exercise of the Warrant, and      (ii) all Warrant Securities that may at that time be purchased by      exercising the unexercised portion of the Warrant.  For purposes      hereof, a Warrant entitling the Holder to purchase more than one Warrant      Security shall be deemed to hold Warrants equal to the number of Warrant      Securities which may be acquired pursuant to any such    Warrant. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (h) | The      Company's obligations described in this Section 7 shall continue in      full force and effect regardless of the exercise, surrender, cancellation      or expiration of this Warrant. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | The      registration rights provided under this Section 7 shall not be applicable      to an initial public offering of the Company’s Common Stock, nor for a      period of six (6) months following the initial public offering of the      Company’s Common Stock. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.  | Maximum      Exercise.  The Holder shall not be entitled to exercise      this Warrant on an exercise date in connection with that number of shares      of Common Stock which would be in excess of the sum      of:  (i) the number of shares of Common Stock beneficially      owned by the Holder and its Affiliates on an exercise date; and      (ii) the number of shares of Common Stock issuable upon the exercise      of this Warrant with respect to which the determination of this limitation      is being made on an exercise date, which would result in beneficial      ownership by the Holder and its Affiliates of more than 9.99% of the      outstanding Common Stock on such date.  For the purposes of the      immediately preceding sentence, beneficial ownership shall be determined      in accordance with Section 13(d) of the Securities Exchange Act      of 1934, as amended, and Regulation 13d-3 thereunder.  Subject      to the foregoing, the Holder shall not be limited to aggregate exercises      which would result in the issuance of more than 9.99%.  The      restriction described in this Section may be waived, in whole or in      part, upon sixty-one (61) days prior notice from the Holder to the      Company.  The Holder may allocate which of the equity of the      Company deemed beneficially owned by the Subscriber shall be included in      the 9.99% amount described above and which shall be allocated to the      excess above 9.99%. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.  | Transfer to Comply      With the Securities Act of 1933. |
|----------|----------------------------------------------------------|

|   | (a) | This      Warrant, the Warrant Securities, and all other securities issued or      issuable upon exercise of this Warrant, may not be offered, sold or      transferred, in whole or in part, except in compliance with the Act, and      except in compliance with all applicable state securities      statutes. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The      Company may cause the following legend, or its equivalent, to be set forth      on each certificate representing the Warrant Securities, or any other      security issued or issuable upon exercise of this Warrant, not theretofore      distributed to the public or sold to underwriters, as defined by the Act,      for distribution to the public pursuant to Section 5      above: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | "The      securities represented by this Certificate have not been registered under      the Securities Act of 1933 ("the Act") and are 'restricted securities' as      that term is defined in Rule 144 under the Act.  The      securities may not be offered for sale, sold or otherwise transferred      except pursuant to an effective registration statement under the Act or      pursuant to an exemption from registration under the Act, the availability      of which is to be established to the satisfaction of the      Company." |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8. |  | Fractional      Shares.  No fractional shares or scrip representing      fractional shares shall be issued upon the exercise of all or any part of      this Warrant.  With respect to any fraction of a share of any      security called for upon any exercise of this Warrant, the Company shall      pay to the Holder an amount in money equal to that fraction multiplied by      the current market value of that share.  The current market      value shall be determined asfollows: |
|----|--|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | if      the security at issue is listed on a national securities exchange or      admitted to unlisted trading privileges on such an exchange or listed on      the National Association of Securities Dealers National Market System, the      current value shall be the last reported sale price of that security on      such exchange or system on the last business day prior to the date of the      applicable exercise of this Warrant or, if no such sale is made on such      day, the average of the highest closing bid and lowest asked price for      such day on such exchange or system;or |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | if      the security at issue is not so listed or admitted to unlisted trading      privileges, the current market value shall be the average of the last      reported highest bid and lowest asked prices quoted on the National      Association of Securities Dealers Automated Quotations System or, if not      so quoted, then by the National Quotation Bureau, Inc. on the last      business day prior to the day of the applicable exercise of this Warrant;      or |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | if      the security at issue is not so listed or admitted to unlisted trading      privileges and bid and asked prices are not reported, the current market      value shall be determined in such reasonable manner as may be prescribed      from time to time by the Board of Directors of the Company, subject to the      arbitration procedure as described in Section 14 below if a Holder      delivers written notice to the Company of an objection within thirty (30)      days after the Board’s decision. |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9. |  | Rights of the      Holder.  The Holder shall not be entitled to any rights      as a shareholder in the Company by reason of this Warrant, either at law      or equity, except as specifically provided for herein.  The      Company covenants, however, that for so long as this Warrant is at least      partially unexercised, it will furnish any Holder of this Warrant with      copies of all reports and communications furnished to the shareholders of      the Company. |
|----|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10. | Charges Due Upon      Exercise.  The Company shall pay any and all issue or      transfer taxes, including, but not limited to, all federal or state taxes,      that may be payable with respect to the transfer of this Warrant or the      issue or delivery of Warrant Securities upon the exercise of this      Warrant. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 11. | Warrant Securities to      be Fully Paid.  The Company covenants that all Warrant      Securities that may be issued and delivered to a Holder of this Warrant      upon the exercise of this Warrant will be, upon such delivery, validly and      duly issued, fully paid andnonassessable. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12. | Notices.  All      notices, certificates, requests, or other similar items provided for in      this Warrant shall be in writing and shall be personally delivered or      deposited in the United States mail, postage prepaid, addressed to the      respective party as indicated in the portions of this Warrant preceding      Section 1.  All notices shall be deemed to be delivered      upon personal delivery or upon the expiration of three (3) business days      following deposit in the United States mail, postage      prepaid.  The addresses of the parties may be changed, and      addresses of other Holders and holders of Warrant Securities may be      specified, by written notice delivered pursuant to this      Section 12.  The Company's principal office shall be deemed      to be the address provided pursuant to this Section for the delivery of      notices to the Company. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13. | Applicable      Law.  This Warrant shall be governed by and construed in      accordance with the laws of the State of Colorado, and courts located in      Colorado shall have exclusive jurisdiction over all disputes arising      hereunder except as provided in Section 14  hereof. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14. | Dispute      Resolution.  The parties shall attempt in good faith to      resolve any controversy or claim arising out of or relating to this      Warrant, or the breach, termination, or validity thereof (a “Dispute”)      promptly by negotiation between the parties.  If a Dispute has      not been resolved within thirty (30) days by negotiation, the parties      shall attempt to mediate the Dispute through the selection of a mutually      agreeable mediator who shall conduct such mediation in      confidence.  If a Dispute is not resolved by mediation, then the      Dispute shall be settled by arbitration in accordance with the Commercial      Arbitration Rules of the American Arbitration Association, and governed by      the United States Arbitration Act, 9 U.S.C. §§ 1-16, except as otherwise      provided herein.  Judgment upon the award rendered by the      arbitrator may be entered by any court having jurisdiction      thereof.  The place of arbitration shall be Denver,      Colorado.  Each party shall be responsible for his own attorney      fees incurred during any phase of dispute resolution.  The      arbitrator shall apply the law to the dispute in the same manner as a      judge as though the dispute was before a court of law of the State of      Colorado.  The arbitrator shall have the authority to award any      remedy or relief that a court of the State of Colorado could order or      grant, including, without limitation, specific performance of any      obligation created under the Agreement, the issuance of an injunction, or      the imposition of sanctions for abuse or frustration of the arbitration      process.  Notwithstanding the foregoing, the arbitrator shall      not have authority to award punitive damages.  The parties shall      take all reasonable steps necessary to conduct a hearing no later than      forty-five (45) days after submission of the matter to      arbitration.  The arbitrator shall render his decision within      fifteen (15) days after the close of the arbitration      hearing.  The arbitration award shall be in writing and shall      specify the factual and legal bases for the  award. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 15.  | Miscellaneous      Provisions. |
|-----------|--------------------------------|

|   | (a) | Subject      to the terms and conditions contained herein, this Warrant shall be      binding on the Company and its successors and shall inure to the benefit      of the original Holder, its successors and assigns and all holders of      Warrant Securities and the exercise of this Warrant in full shall not      terminate the provisions of this Warrant as it relates to holders of      Warrant Securities. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | If      the Company fails to perform any of its obligations hereunder, it shall be      liable to the Holder for all damages, costs and expenses resulting from      the failure, including, but not limited to, all reasonable attorney's fees      and disbursements. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | This      Warrant cannot be changed or terminated or any performance or condition      waived in whole or in part except by an agreement in writing signed by the      party against whom enforcement of the change, termination or waiver is      sought. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | If      any provision of this Warrant shall be held to be invalid, illegal or      unenforceable, such provision shall be severed, enforced to the extent      possible, or modified in such a way as to make it enforceable, and the      invalidity, illegality or unenforceability shall not affect the remainder      of this Warrant. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | The      Company agrees to execute such further agreements, conveyances,      certificates and other documents as may be reasonably requested by the      Holder to effectuate the intent and provisions of this      Warrant. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | Paragraph      headings used in this Warrant are for convenience only and shall not be      taken or construed to define or limit any of the terms or provisions of      this Warrant.  Unless otherwise provided, or unless the context      shall otherwise require, the use of the singular shall include the plural      and the use of any gender shall include all  genders. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                             |   ATTEST:                       |                       |  OMNI BIO PHARMACEUTICAL, INC.        |
|----------------------------------|--------------------------------------|----------------------------|--------------------------------------------|
|                             |                                 |                       |                                       |
|   By    | ____________________________________ |  By    | ____________________________________  |
|                             | Bob      Ogden        |                       | Edward      Larkin                         |
|                             | Secretary                            |                       | Chief      Operating Officer               |
|                             |                                 |                       |                                       |

----

| (a) | irrevocably      elects to exercise the Warrant to the extent of purchasing _______________      Shares; |
|-----|----------------------------------------------------------------------------------------------------------|

| (b) | makes      payment in full of the aggregate Exercise Price for those Shares in the      amount of $ ___________ by      the delivery of immediately available funds in the amount of $ ________      ; |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | requests      that certificates evidencing the securities underlying such Shares be      issued in the name of the undersigned, or, if the name and address of some      other person is specified below, in the name of such other      person: |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) | requests,      if the number of Shares purchased are not all the Shares purchasable      pursuant to the unexercised portion of the Warrant, that a new Warrant of      like tenor for the remaining Shares purchasable pursuant to the Warrant be      issued and delivered to the undersigned at the address stated      below. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Dated:      _______________________               |                                   |                                                                                                                          |
|---------------------------------------------------|----------------------------------------|-------------------------------------------------------------------------------------------------------------------------------|
|                                              |                                   | Signature      ______________________________________                                                                         |
|                                              |                                   | (This      signature must conform in all respectsto      the name of the Holder as specified on theface      of the Warrant.) |
|                                              |                                   |                                                                                                                          |
|  ____________________________________        |                                   |                                                                                                                          |
| Social      Security Number or Employer ID Number |                                   | _____________________________________                                                                                         |
|                                              |                                   | Printed      Name                                                                                                             |
|                                              |                                   |                                                                                                                          |
|                                              |  Address:     | _____________________________________ _____________________________________                                              |

----

| Dated:      _______________________________       |                                   |                                                                                                                          |
|---------------------------------------------------|----------------------------------------|-------------------------------------------------------------------------------------------------------------------------------|
|                                              |                                   | Signature      _____________________________________                                                                          |
|                                              |                                   | (This      signature must conform in all respectsto      the name of the Holder as specified on theface      of the Warrant.) |
|                                              |                                   |                                                                                                                          |
|  ____________________________________        |                                   |                                                                                                                          |
| Social      Security Number or Employer ID Number |                                   |  _____________________________________                                                                                   |
|                                              |                                   | Printed      Name                                                                                                             |
|                                              |                                   |                                                                                                                          |
|                                              |  Address:     | _____________________________________ _____________________________________                                              |

----

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