REGISTRATION
      RIGHTS AGREEMENT

     

    THIS
      REGISTRATION RIGHTS AGREEMENT (this
      “Agreement”)
      is
      made as of this 14th
      day of
      September, 2007, by and among Catalyst Lighting Group, Inc., a Delaware
      corporation (the “Company”),
      and
      ______________ (“Holder”).
      

     

    A. The
      Company has issued a total of ______ shares of common stock, par value $0.01
      per
      share, of the Company (“Shares”)
      to the
      Holder.

     

    B. As
      partial consideration for the issuance of Shares to the Holder, the Company
      agreed to grant to the Holder the registration rights set forth herein.


     

    C. Unless
      otherwise provided in this Agreement, capitalized terms used herein shall have
      the respective meanings set forth in Section 11 hereof. 

    


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

     

    1. Registration.

     

    (a) Piggyback
      Registrations Rights.
      Commencing immediately following the
      completion by the Company of a business combination with a private company
      in a
      reverse merger or reverse take-over transaction (“Reverse
      Merger”),
      at
      any
      time there is not an effective Registration Statement covering the Registrable
      Securities, and the Company shall determine to prepare and file with the
      Commission a Registration Statement relating to an offering for its own account
      or the account of others under the Securities Act of any of its equity
      securities, other than on Form S-4 or Form S-8 (each as promulgated under the
      Securities Act) or their then equivalents relating to equity securities to
      be
      issued solely in connection with any acquisition of any entity or business
      or
      equity securities issuable in connection with stock option or other employee
      benefit plans, then the Company shall send to the Holder a written notice of
      such determination at least twenty (20) days prior to the filing of any such
      Registration Statement and shall automatically include in such Registration
      Statement all Registrable Securities for resale and offer on a continuous basis
      pursuant to Rule 415; provided, however, that (i) if, at any time after giving
      written notice of its intention to register any securities and prior to the
      effective date of the Registration Statement filed in connection with such
      registration, the Company determines for any reason not to proceed with such
      registration, the Company will be relieved of its obligation to register any
      Registrable Securities in connection with such registration, (ii) in case of
      a
      determination by the Company to delay registration of its securities, the
      Company will be permitted to delay the registration of Registrable Securities
      for the same period as the delay in registering such other securities, (iii)
      each Holder is subject to confidentiality obligations with respect to any
      information gained in this process or any other material non-public information
      he, she or it obtains, (iv) each Holder is subject to all applicable laws
      relating to insider trading or similar restrictions; and (v) if all of the
      Registrable Securities of the Holder cannot be so included due to Commission
      Comments, then the Company may reduce the number of the Holder’s Registrable
      Securities covered by such Registration Statement to the maximum number which
      would enable the Company to conduct such offering in accordance with the
      provisions of Rule 415. 
      The
      Holder shall be entitled to include all Registrable Securities for resale in
      the
      Registration Statement filed by the Company in connection with a public offering
      of equity securities by the Company after the date of this Agreement (the
“Initial
      Registration Statement”),
      pursuant to Rule 415, so long as (1) such shares shall not be included as part
      of the underwritten offering of primary shares by the Company, unless the
      Company and underwriter agree to allow the inclusion of such Registrable Shares
      as part of the underwritten offering and, in such event, the Holder elects
      to
      include the Registrable Securities in the underwriting subject to an allocation
      among all holders of registration rights in the manner set forth in Section
      1(b)
      hereof, (2) the underwriter approves the inclusion of such Registrable
      Securities in such Initial Registration Statement, subject to customary
      underwriter cutbacks applicable to all holders of registration rights, (3)
      the
      Holder shall enter into the underwriters’ form of lockup agreement as and to the
      extent requested by the underwriters, which may require that all of the
      Registrable Securities held by the Holder not be sold or otherwise transferred
      without the consent of the underwriters for a period not to exceed 180 days
      from
      the closing of the offering contemplated by the Initial Registration Statement,
      and (4) if all of the Registrable Securities of the Holder cannot be so included
      due to Commission Comments, then the Company may reduce the number of the
      Holder’s Registrable Securities covered by such Registration Statement to the
      maximum number which would enable the Company to conduct such offering in
      accordance with the provisions of Rule 415. The Registration Statement required
      hereunder shall contain the Plan of Distribution, attached hereto as
Exhibit
      A
      (which
      may be modified to respond to comments, if any, received by the Commission).
       The Company shall cause any Registration Statement filed under this
      Section 1(d) to be declared effective under the Securities Act as promptly
      as
      possible after the filing thereof and shall keep such Registration Statement
      continuously effective under the Securities Act until the earlier of (i) one
      year after its Effective Date, (ii) such time as all of the Registrable
      Securities covered by such Registration Statement have been publicly sold by
      the
      Holder, or (iii) such time as all of the Registrable Securities covered by
      such
      Registration Statement may be sold by the Holder pursuant to Rule 144(k), or
      Rule 144 without regard to the volume limitations for sales as provided in
      that
      regulation, as determined by the counsel to the Company pursuant to a written
      opinion letter to such effect, addressed and acceptable to the Company's
      transfer agent and the affected Holder ("Effectiveness
      Period”).
      By
      5:00 p.m. (New York City time) on the business day immediately following the
      Effective Date of such Registration Statement, the Company shall file with
      the
      Commission in accordance with Rule 424 under the Securities Act the final
      Prospectus to be used in connection with sales pursuant to such Registration
      Statement (whether or not such filing is technically required under such
      Rule).

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b) Cutback
      Provisions.
      In the
      event all of the Registrable Securities of the Holder cannot be included in
      a
      Registration Statement under Section 1(a) hereof due to Commission Comments
      or
      underwriter cutbacks, then the Company, unless otherwise prohibited by the
      Commission, shall cause the Registrable Securities of the Holder to be included
      in such Registration Statement to be reduced pro rata based on the number of
      registrable securities held by all holders of registration rights as of the
      date
      immediately preceding the Reverse Merger.

     

    (c) Termination
      of Registration Rights.
      The
      registration rights afforded to the Holder under this Section 1 shall terminate
      on the earliest date when all Registrable Securities of the Holder either:
      (i)
      have been publicly sold
      by the
      Holder pursuant to a Registration Statement, (ii) have
      been
      covered by an effective Registration Statement which has been effective for
      an
      aggregate period of twelve (12) months (whether or not consecutive), or (iii)
      may
      be
      sold by the Holder pursuant to Rule 144(k), or Rule 144 without regard to the
      volume limitations for sales as provided in that regulation, as determined
      by
      the counsel to the Company pursuant to a written opinion letter to such effect,
      addressed and acceptable to the Company's transfer agent and the affected
      Holder.

    


    2. Registration
      Procedures.
      Whenever any Registrable Securities are to be registered pursuant to this
      Agreement, the Company shall use its best efforts to effect the registration
      and
      sale of such Registrable Securities in accordance with the intended method
      of
      disposition thereof, and pursuant thereto the Company shall have the following
      obligations:

     

    (a) The
      Company shall prepare and file with the Commission a Registration Statement
      with
      respect to such Registrable Securities and use its best efforts to cause such
      Registration Statement to become effective.

     

    
      
        
        

      

      
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    (b) The
      Company shall prepare and file with the Commission such amendments (including
      post-effective amendments) and supplements to a Registration Statement and
      the
      Prospectus used in connection with such Registration Statement, which Prospectus
      is to be filed pursuant to Rule 424 promulgated under the Securities Act, as
      may
      be necessary to keep such Registration Statement effective at all times during
      the Effectiveness Period, and, during such period, comply with the provisions
      of
      the Securities Act with respect to the disposition of all Registrable Securities
      of the Company covered by such Registration Statement until such time as all
      of
      such Registrable Securities shall have been disposed of in accordance with
      the
      intended methods of disposition by the seller or sellers thereof as set forth
      in
      such Registration Statement. In the case of amendments and supplements to a
      Registration Statement which are required to be filed pursuant to this Agreement
      by reason of the Company filing a report on Form 10-QSB, Form 10-KSB or any
      analogous report under the Securities Exchange Act, the Company shall have
      incorporated such report by reference into such Registration Statement, if
      applicable, or shall file such amendments or supplements with the Commission
      on
      the same day on which the Securities Exchange Act report is filed which created
      the requirement for the Company to amend or supplement such Registration
      Statement. 

     

    (c) The
      Company shall furnish to each seller of Registrable Securities in any
      Registration Statement, without charge, (i) promptly after the same is prepared
      and filed with the Commission at least one copy of such Registration Statement
      and any amendment(s) thereto, including financial statements and schedules,
      all
      documents incorporated therein by reference, if requested by such seller, all
      exhibits and each preliminary Prospectus, (ii) upon the effectiveness of any
      Registration Statement, ten (10) copies of the Prospectus included in such
      Registration Statement and all amendments and supplements thereto (or such
      other
      number of copies as such seller may reasonably request) and (iii) such other
      documents, including copies of any preliminary or final Prospectus, as such
      seller may reasonably request from time to time in order to facilitate the
      disposition of the Registrable Securities owned by such seller.

     

    (d) The
      Company shall use its best efforts to (i) register and qualify, unless an
      exemption from registration and qualification applies, the resale by any seller
      of the Registrable Securities covered by a Registration Statement under such
      other securities or "blue sky" laws of all applicable jurisdictions in the
      United States, (ii) prepare and file in those jurisdictions, such amendments
      (including post-effective amendments) and supplements to such registrations
      and
      qualifications as may be necessary to maintain the effectiveness thereof during
      the Effectiveness Period, (iii) take such other actions as may be necessary
      to
      maintain such registrations and qualifications in effect at all times during
      the
      Effectiveness Period, and (iv) take all other actions reasonably necessary
      or
      advisable to qualify the Registrable Securities for sale in such jurisdictions;
      provided, however, that the Company shall not be required in connection
      therewith or as a condition thereto to (x) qualify to do business in any
      jurisdiction where it would not otherwise be required to qualify but for this
      Section 2(d), (y) subject itself to general taxation in any such jurisdiction,
      or (z) file a general consent to service of process in any such jurisdiction.
      

     

    (e) The
      Company shall use its best efforts to prevent the issuance of any stop order
      or
      other suspension of effectiveness of a Registration Statement, or the suspension
      of the qualification of any of Registrable Securities for sale in any
      jurisdiction and, if such an order or suspension is issued, to obtain the
      withdrawal of such order or suspension at the earliest possible moment and
      to
      notify the Holder of any Registrable Securities being sold of the issuance
      of
      such order and the resolution thereof or its receipt of actual notice of the
      initiation or threat of any proceeding for such purpose. 

     

    
      
        
        

      

      
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    (f) The
      Company shall notify the Holder in writing of the happening of any event, as
      promptly as practicable after becoming aware of such event, as a result of
      which
      the Prospectus included in a Registration Statement, as then in effect, includes
      an untrue statement of a material fact or omission to state a material fact
      required to be stated therein or necessary to make the statements therein,
      in
      the light of the circumstances under which they were made, not misleading
      (provided that in no event shall such notice contain any material, nonpublic
      information), and, subject to Section 2(r), promptly prepare a supplement or
      amendment to such Registration Statement to correct such untrue statement or
      omission, and deliver ten (10) copies of such supplement or amendment to the
      Holder (or such other number of copies as the Holder may reasonably request).
      

     

    (g) The
      Company shall promptly notify the Holder in writing (i) when a Prospectus or
      any
      Prospectus supplement or post-effective amendment has been filed, and when
      a
      Registration Statement or any post-effective amendment has become effective
      (notification of such effectiveness shall be delivered to the Holder by
      facsimile on the same day of such effectiveness and by overnight mail), (ii)
      of
      any request by the Commission for amendments or supplements to a Registration
      Statement or related Prospectus or related information, and (iii) of the
      Company's reasonable determination that a post-effective amendment to a
      Registration Statement would be appropriate.

     

    (h) If
      the
      Holder is required under applicable securities laws to be described in a
      Registration Statement as an underwriter, at the reasonable request of such
      Holder, the Company shall furnish to such Holder, on the date of the
      effectiveness of such Registration Statement and thereafter from time to time
      on
      such dates as the Holder may reasonably request (i) a letter, dated such date,
      from the Company's independent certified public accountants in form and
      substance as is customarily given by independent certified public accountants
      to
      underwriters in an underwritten public offering, addressed to the Holder, and
      (ii) an opinion, dated as of such date, of counsel representing the Company
      for
      purposes of such Registration Statement, in form, scope and substance as is
      customarily given in an underwritten public offering, addressed to the
      Holder.

     

    (i) If
      the
      Holder is required under applicable securities laws to be described in a
      Registration Statement as an underwriter, then at the request of such Holder
      in
      connection with such Holder's due diligence requirements, the Company shall
      make
      available for inspection by (i) the Holder, (ii) the Holder’s legal counsel, and
      (iii) one firm of accountants or other agents retained by the Holder
      (collectively, the "Inspectors"),
      all
      pertinent financial and other records, and pertinent corporate documents and
      properties of the Company (collectively, the "Records"),
      as
      shall be reasonably deemed necessary by each Inspector, and cause the Company's
      officers, directors and employees to supply all information which any Inspector
      may reasonably request; provided, however, that each Inspector shall agree
      to
      hold in strict confidence and shall not make any disclosure (except to the
      Holder) or use of any Record or other information which the Company determines
      in good faith to be confidential, and of which determination the Inspectors
      are
      so notified, unless (a) the disclosure of such Records is necessary to avoid
      or
      correct a misstatement or omission in any Registration Statement or is otherwise
      required under the Securities Act, (b) the release of such Records is ordered
      pursuant to a final, non-appealable subpoena or order from a court or government
      body of competent jurisdiction, or (c) the information in such Records has
      been
      made generally available to the public other than by disclosure in violation
      of
      this or any other agreement of which the Inspector has knowledge. Each Holder
      agrees that it shall, upon learning that disclosure of such Records is sought
      in
      or by a court or governmental body of competent jurisdiction or through other
      means, give prompt notice to the Company and allow the Company, at its expense,
      to undertake appropriate action to prevent disclosure of, or to obtain a
      protective order for, the Records deemed confidential. Nothing herein (or in
      any
      other confidentiality agreement between the Company and the Holder) shall be
      deemed to limit the Holder's ability to sell Registrable Securities in a manner
      which is otherwise consistent with applicable laws and regulations.

     

    
      
        
        

      

      
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    (j)
      The
      Company shall hold in confidence and not make any disclosure of information
      concerning the Holder provided to the Company unless (i) disclosure of such
      information is necessary to comply with federal or state securities laws, (ii)
      the disclosure of such information is necessary to avoid or correct a
      misstatement or omission in any Registration Statement, (iii) the release of
      such information is ordered pursuant to a subpoena or other final,
      non-appealable order from a court or governmental body of competent
      jurisdiction, or (iv) such information has been made generally available to
      the
      public other than by disclosure in violation of this Agreement or any other
      agreement. The Company agrees that it shall, upon learning that disclosure
      of
      such information concerning the Holder is sought in or by a court or
      governmental body of competent jurisdiction or through other means, give prompt
      written notice to the Holder and allow the Holder, at the Holder’s expense, to
      undertake appropriate action to prevent disclosure of, or to obtain a protective
      order for, such information.

     

    (k)
      The
      Company shall use its best efforts either to (i) cause all of the Registrable
      Securities covered by a Registration Statement to be listed on each securities
      exchange on which securities of the same class or series issued by the Company
      are then listed, if any, if the listing of such Registrable Securities is then
      permitted under the rules of such exchange, or (ii) secure designation and
      quotation of all of the Registrable Securities covered by a Registration
      Statement on The NASDAQ Global Market, The NASDAQ Capital Market or the American
      Stock Exchange, or (iii) if, despite the Company's best efforts to satisfy,
      the
      preceding clauses (i) and (ii) the Company is unsuccessful in satisfying the
      preceding clauses (i) and (ii), to secure the inclusion for quotation on the
      Over-the-Counter Bulletin Board for such Registrable Securities and, without
      limiting the generality of the foregoing, to use its best efforts to arrange
      for
      at least two market makers to register with the National Association of
      Securities Dealers, Inc. ("NASD")
      as
      such with respect to such Registrable Securities. The Company shall pay all
      fees
      and expenses in connection with satisfying its obligation under this Section
      2(k).

     

    (l)
      The
      Company shall cooperate with the Holder who hold Registrable Securities being
      offered and, to the extent applicable, facilitate the timely preparation and
      delivery of certificates (not bearing any restrictive legend) representing
      the
      Registrable Securities to be offered pursuant to a Registration Statement and
      enable such certificates to be in such denominations or amounts, as the case
      may
      be, as the Holder may reasonably request and registered in such names as the
      Holder may request.

     

    (m)
      If
      requested by the Holder, the Company shall (i) as soon as practicable
      incorporate in a Prospectus supplement or post-effective amendment such
      information as the Holder reasonably requests to be included therein relating
      to
      the sale and distribution of Registrable Securities, including, without
      limitation, information with respect to the number of Registrable Securities
      being offered or sold, the purchase price being paid therefor and any other
      terms of the offering of the Registrable Securities to be sold in such offering;
      (ii) as soon as practicable make all required filings of such Prospectus
      supplement or post-effective amendment after being notified of the matters
      to be
      incorporated in such Prospectus supplement or post-effective amendment; and
      (iii) as soon as practicable, supplement or make amendments to any Registration
      Statement if reasonably requested by the Holder holding any Registrable
      Securities.

     

    (n)
      The
      Company shall use its best efforts to cause the Registrable Securities covered
      by a Registration Statement to be registered with or approved by such other
      governmental agencies or authorities as may be necessary to consummate the
      disposition of such Registrable Securities.

     

    (o)
      The
      Company shall make generally available to its security holders as soon as
      practical, but not later than ninety (90) days after the close of the period
      covered thereby, an earnings statement (in form complying with, and in the
      manner provided by, the provisions of Rule 158 under the Securities Act)
      covering a twelve-month period beginning not later than the first day of the
      Company's fiscal quarter next following the effective date of a Registration
      Statement.

     

    
      
        
        

      

      
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    (p)
      The
      Company shall otherwise use its best efforts to comply with all applicable
      rules
      and regulations of the Commission in connection with any registration
      hereunder.

     

    (q)
      Within
      two (2) business days after a Registration Statement which covers Registrable
      Securities is ordered effective by the Commission, the Company shall deliver,
      and shall cause legal counsel for the Company to deliver, to the transfer agent
      for such Registrable Securities (with copies to the Holder whose Registrable
      Securities are included in such Registration Statement) confirmation that such
      Registration Statement has been declared effective by the Commission in the
      form
      attached hereto as Exhibit
      B
      and the
      Irrevocable Transfer Agent Instructions in the form attached hereto as
Exhibit
      C.

     

    (r)
      Notwithstanding
      anything to the contrary herein, at any time after the Effective Date of a
      Registration Statement, the Company may delay the disclosure of material,
      non-public information concerning the Company the disclosure of which at the
      time is not, in the good faith opinion of the Board of Directors of the Company
      and its counsel, in the best interest of the Company and, in the opinion of
      counsel to the Company, otherwise required (a "Grace
      Period");
      provided, that the Company shall promptly (i) notify the Holder in writing
      of
      the existence of material, non-public information giving rise to a Grace Period
      (provided that in each notice the Company will not disclose the content of
      such
      material, non-public information to the Holder) and the date on which the Grace
      Period will begin, and (ii) notify the Holder in writing of the date on which
      the Grace Period ends; and, provided further, that no Grace Period shall exceed
      five (5) consecutive days and during any three hundred sixty five (365) day
      period such Grace Periods shall not exceed an aggregate of twenty (20) days
      and
      the first day of any Grace Period must be at least five (5) trading days after
      the last day of any prior Grace Period (each, an "Allowable
      Grace Period").
      For
      purposes of determining the length of a Grace Period above, the Grace Period
      shall begin on and include the date the Holder receives the notice referred
      to
      in clause (i) and shall end on and include the later of the date the Holder
      receives the notice referred to in clause (ii) and the date referred to in
      such
      notice. The provisions of Section 2(e) hereof shall not be applicable during
      the
      period of any Allowable Grace Period. Upon expiration of the Grace Period,
      the
      Company shall again be bound by Section 2(f) with respect to the information
      giving rise thereto unless such material, non-public information is no longer
      applicable. Notwithstanding anything to the contrary, the Company shall cause
      its transfer agent to deliver unlegended shares of Common Stock to a transferee
      of the Holder in connection with any sale of Registrable Securities with respect
      to which the Holder has entered into a contract for sale, and delivered a copy
      of the Prospectus included as part of the applicable Registration Statement
      (unless an exemption from such Prospectus delivery requirements exists), prior
      to the Holder’s receipt of the notice of a Grace Period and for which the Holder
      has not yet settled. 

     

    3. Obligations
      of the Holders.
      

     

    (a) At
      least
      five (5) business days prior to the first anticipated filing date of a
      Registration Statement, the Company shall notify the Holder in writing of the
      information the Company requires from the Holder if the Holder’s Registrable
      Securities are to be included in such Registration Statement. It shall be a
      condition precedent to the obligations of the Company to complete the
      registration pursuant to this Agreement with respect to the Registrable
      Securities of the Holder that the Holder shall furnish to the Company such
      information regarding itself, the Registrable Securities held by it and the
      intended method of disposition of the Registrable Securities held by it as
      shall
      be reasonably required to effect the effectiveness of the registration of such
      Registrable Securities and shall execute such documents in connection with
      such
      registration as the Company may reasonably request.

     

    (b) The
      Holder, by the Holder’s acceptance of the Registrable Securities, agrees to
      cooperate with the Company as reasonably requested by the Company in connection
      with the preparation and filing of any Registration Statement hereunder, unless
      the Holder has notified the Company in writing of the Holder's election to
      exclude all of the Holder’s Registrable Securities from such Registration
      Statement.

     

    
      
        
        

      

      
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    (c) The
      Holder agrees that, upon receipt of any notice from the Company of the happening
      of any event of the kind described in Sections 2(e) or 2(f), the Holder will
      immediately discontinue disposition of Registrable Securities pursuant to any
      Registration Statement(s) covering such Registrable Securities until the
      Holder’s receipt of the copies of the supplemented or amended Prospectus
      contemplated by Sections 2(e) or 2(f) or receipt of notice that no supplement
      or
      amendment is required. Notwithstanding anything to the contrary, the Company
      shall cause its transfer agent to deliver unlegended shares of Common Stock
      to a
      transferee of the Holder in connection with any sale of Registrable Securities
      with respect to which the Holder has entered into a contract for sale prior
      to
      the Holder’s receipt of a notice from the Company of the happening of any event
      of the kind described in Sections 2(e) or 2(f) and for which the Holder has
      not
      yet settled.

     

    (d) The
      Holder covenants and agrees that it will comply with the Prospectus delivery
      requirements of the Securities Act as applicable to it or an exemption therefrom
      in connection with sales of Registrable
      Securities pursuant to a Registration Statement.

     

    4. Registration
      Expenses.
      All
      expenses incident to the Company’s performance of or compliance with this
      Agreement, including without limitation all registration and filing fees, fees
      and expenses of compliance with securities or blue sky laws, printing expenses,
      messenger and delivery expenses, fees and disbursements of custodians, and
      fees
      and disbursements of counsel for the Company and all independent certified
      public accountants, underwriters (excluding discounts, commissions and placement
      agent fees) and other Persons retained by the Company (all such expenses being
      herein called “Registration
      Expenses”),
      shall
      be borne by the Company. Further, the Company shall pay its internal expenses
      (including, without limitation, all salaries and expenses of its officers and
      employees performing legal or accounting duties), the expense of any annual
      audit or quarterly review, the expense of any liability insurance and the
      expenses and fees for listing the securities to be registered on each securities
      exchange on which similar securities issued by the Company are then
      listed.

     

    5. Indemnification.

     

    In
      the
      event any Registrable Securities are included in a Registration Statement under
      this Agreement:

     

    (a)
      To
      the
      fullest extent permitted by law, the Company will, and hereby does, indemnify,
      hold harmless and defend the Holder, the directors, officers, members, partners,
      employees, agents, representatives of, and each Person, if any, who controls
      the
      Holder within the meaning of the Securities Act or the Securities Exchange
      Act
      (each, an "Indemnified
      Person"),
      against any losses, claims, damages, liabilities, judgments, fines, penalties,
      charges, costs, reasonable attorneys' fees, amounts paid in settlement or
      expenses, joint or several, (collectively, "Claims")
      incurred in investigating, preparing or defending any action, claim, suit,
      inquiry, proceeding, investigation or appeal taken from the foregoing by or
      before any court or governmental, administrative or other regulatory agency,
      body or the Commission, whether pending or threatened, whether or not an
      indemnified party is or may be a party thereto ("Indemnified
      Damages"),
      to
      which any of them may become subject insofar as such Claims (or actions or
      proceedings, whether commenced or threatened, in respect thereof) arise out
      of
      or are based upon: (i) any untrue statement or alleged untrue statement of
      a
      material fact in a Registration Statement or any post-effective amendment
      thereto or in any filing made in connection with the qualification of the
      offering under the securities or other "blue sky" laws of any jurisdiction
      in
      which Registrable Securities are offered ("Blue
      Sky Filing"),
      or
      the omission or alleged omission to state a material fact required to be stated
      therein or necessary to make the statements therein not misleading, (ii) any
      untrue statement or alleged untrue statement of a material fact contained in
      any
      preliminary Prospectus if used prior to the effective date of such Registration
      Statement, or contained in the final Prospectus (as amended or supplemented,
      if
      the Company files any amendment thereof or supplement thereto with the
      Commission) or the omission or alleged omission to state therein any material
      fact necessary to make the statements made therein, in the light of the
      circumstances under which the statements therein were made, not misleading,
      (iii) any violation or alleged violation by the Company of the Securities Act
      or
      the Securities Exchange Act, any other law, including, without limitation,
      any
      state securities law, or any rule or regulation thereunder relating to the
      offer
      or sale of the Registrable Securities pursuant to a Registration Statement
      or
      (iv) any violation of this Agreement (the matters in the foregoing clauses
      (i)
      through (iv) being, collectively, "Violations").
      Subject to Section 5(c), the Company shall reimburse the Indemnified Persons,
      promptly as such expenses are incurred and are due and payable, for any legal
      fees or other reasonable expenses incurred by them in connection with
      investigating or defending any such Claim. Notwithstanding anything to the
      contrary contained herein, the indemnification agreement contained in this
      Section 5(a): (i) shall not apply to a Claim by an Indemnified Person arising
      out of or based upon a Violation which occurs in reliance upon and in conformity
      with information furnished in writing to the Company by such Indemnified Person
      for such Indemnified Person expressly for use in connection with the preparation
      of the Registration Statement or any such amendment thereof or supplement
      thereto, if such Prospectus was timely made available by the Company pursuant
      to
      Section 2(c) and (ii) shall not be available to the extent such Claim is based
      on a failure of the Holder to deliver or to cause to be delivered the Prospectus
      made available by the Company, including a corrected Prospectus, if such
      Prospectus or corrected Prospectus was timely made available by the Company
      pursuant to Section 2(c); and (iv) shall not apply to amounts paid in settlement
      of any Claim if such settlement is effected without the prior written consent
      of
      the Company, which consent shall not be unreasonably withheld or delayed. Such
      indemnity shall remain in full force and effect regardless of any investigation
      made by or on behalf of the Indemnified Person and shall survive the transfer
      of
      the Registrable Securities by the Holder pursuant to Section 9.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    (b)
      In
      connection with any Registration Statement in which the Holder is participating,
      the Holder agrees to indemnify, hold harmless and defend, to the same extent
      and
      in the same manner as is set forth in Section 6(a), the Company, each of its
      directors, each of its officers who signs the Registration Statement and each
      Person, if any, who controls the Company within the meaning of the Securities
      Act or the Securities Exchange Act (each, an "Indemnified
      Party"),
      against any Claim or Indemnified Damages to which any of them may become
      subject, under the Securities Act or the Securities Exchange Act or otherwise,
      insofar as such Claim or Indemnified Damages arise out of or are based upon
      any
      Violation, in each case to the extent, and only to the extent, that such
      Violation occurs in reliance upon and in conformity with written information
      furnished to the Company by the Holder expressly for use in connection with
      such
      Registration Statement; and, subject to Section 5(c), the Holder will reimburse
      any legal or other expenses reasonably incurred by an Indemnified Party in
      connection with investigating or defending any such Claim; provided, however,
      that the indemnity agreement contained in this Section 5(b) and the agreement
      with respect to contribution contained in Section 6 shall not apply to amounts
      paid in settlement of any Claim if such settlement is effected without the
      prior
      written consent of the Holder, which consent shall not be unreasonably withheld
      or delayed; provided, further, however, that the Holder shall be liable under
      this Section 5(b) for only that amount of a Claim or Indemnified Damages as
      does
      not exceed the net proceeds to the Holder as a result of the sale of Registrable
      Securities pursuant to such Registration Statement. Such indemnity shall remain
      in full force and effect regardless of any investigation made by or on behalf
      of
      such Indemnified Party and shall survive the transfer of the Registrable
      Securities by the Holder pursuant to Section 9.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    (c)
      Promptly
      after receipt by an Indemnified Person or Indemnified Party under this Section
      5
      of notice of the commencement of any action or proceeding (including any
      governmental action or proceeding) involving a Claim, such Indemnified Person
      or
      Indemnified Party shall, if a Claim in respect thereof is to be made against
      any
      indemnifying party under this Section 5, deliver to the indemnifying party
      a
      written notice of the commencement thereof, and the indemnifying party shall
      have the right to participate in, and, to the extent the indemnifying party
      so
      desires, jointly with any other indemnifying party similarly noticed, to assume
      control of the defense thereof with counsel mutually satisfactory to the
      indemnifying party and the Indemnified Person or the Indemnified Party, as
      the
      case may be; provided, however, that an Indemnified Person or Indemnified Party
      shall have the right to retain its own counsel with the fees and expenses of
      not
      more than one counsel for such Indemnified Person or Indemnified Party to be
      paid by the indemnifying party, if, in the reasonable opinion of counsel
      retained by the indemnifying party, the representation by such counsel of the
      Indemnified Person or Indemnified Party and the indemnifying party would be
      inappropriate due to actual or potential differing interests between such
      Indemnified Person or Indemnified Party and any other party represented by
      such
      counsel in such proceeding. The Indemnified Party or Indemnified Person shall
      cooperate fully with the indemnifying party in connection with any negotiation
      or defense of any such action or Claim by the indemnifying party and shall
      furnish to the indemnifying party all information reasonably available to the
      Indemnified Party or Indemnified Person which relates to such action or Claim.
      The indemnifying party shall keep the Indemnified Party or Indemnified Person
      reasonably apprised at all times as to the status of the defense or any
      settlement negotiations with respect thereto. No indemnifying party shall be
      liable for any settlement of any action, claim or proceeding effected without
      its prior written consent, provided, however, that the indemnifying party shall
      not unreasonably withhold, delay or condition its consent. No indemnifying
      party
      shall, without the prior written consent of the Indemnified Party or Indemnified
      Person, consent to entry of any judgment or enter into any settlement or other
      compromise which does not include as an unconditional term thereof the giving
      by
      the claimant or plaintiff to such Indemnified Party or Indemnified Person of
      a
      release from all liability in respect to such Claim or litigation, and such
      settlement shall not include any admission as to fault on the part of the
      Indemnified Party. Following indemnification as provided for hereunder, the
      indemnifying party shall be subrogated to all rights of the Indemnified Party
      or
      Indemnified Person with respect to all third parties, firms or corporations
      relating to the matter for which indemnification has been made. The failure
      to
      deliver written notice to the indemnifying party within a reasonable time of
      the
      commencement of any such action shall not relieve such indemnifying party of
      any
      liability to the Indemnified Person or Indemnified Party under this Section 5,
      except to the extent that the indemnifying party is prejudiced in its ability
      to
      defend such action.

     

    (d)
      The
      indemnification required by this Section 5 shall be made by periodic payments
      of
      the amount thereof during the course of the investigation or defense, as and
      when bills are received or Indemnified Damages are incurred.

     

    (e) The
      indemnity agreements contained herein shall be in addition to (i) any cause
      of
      action or similar right of the Indemnified Party or Indemnified Person against
      the indemnifying party or others, and (ii) any liabilities the indemnifying
      party may be subject to pursuant to the law. 

     

    6. Contribution.
      To the
      extent any indemnification by an indemnifying party is prohibited or limited
      by
      law, the indemnifying party agrees to make the maximum contribution with respect
      to any amounts for which it would otherwise be liable under Section 5 to the
      fullest extent permitted by law; provided, however, that: (i) no Person involved
      in the sale of Registrable Securities which Person is guilty of fraudulent
      misrepresentation (within the meaning of Section 10(f) of the Securities Act)
      in
      connection with such sale shall be entitled to contribution from any Person
      involved in such sale of Registrable Securities who was not guilty of fraudulent
      misrepresentation; and (ii) contribution by any seller of Registrable Securities
      shall be limited in amount to the net amount of proceeds received by such seller
      from the sale of such Registrable Securities pursuant to such Registration
      Statement

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    7. Participation
      in Underwritten Registrations.
      No
      Person may participate in any registration hereunder which is underwritten
      or
      sold through a placement agent unless such Person (i) agrees to sell such
      Person’s securities on the basis provided in any underwriting or placement
      agency arrangements approved by the Company, and (ii) completes and executes
      all
      questionnaires, powers of attorney, indemnities, underwriting or placement
      agency agreements and other documents required under the terms of such
      underwriting or placement agency arrangements.

     

    8. Reports
      under Securities Exchange Act.
      With a
      view to making available to the Holder the benefits of Rule 144 promulgated
      under the Securities Act or any other similar rule or regulation of the
      Commission that may at any time permit the Holder to sell securities of the
      Company to the public without registration ("Rule
      144"),
      commencing not later than the completion the Reverse Merger, the Company agrees
      to,: 

     

    (a) make
      and
      keep public information available, as those terms are understood and defined
      in
      Rule 144;

     

    (b) file
      with
      the Commission in a timely manner all reports and other documents required
      of
      the Company under the Securities Act and the Securities Exchange Act so long
      as
      the Company remains subject to such requirements and the filing of such reports
      and other documents is required for the applicable provisions of Rule 144;
      and

     

    (c) furnish
      to the Holder so long as the Holder owns Registrable Securities, promptly upon
      request, (i) a written statement by the Company, if true, that it has complied
      with the reporting requirements of Rule 144, the Securities Act and the
      Securities Exchange Act, (ii) a copy of the most recent annual or quarterly
      report of the Company and such other reports and documents so filed by the
      Company, and (iii) such other information as may be reasonably requested to
      permit the Holder to sell such securities pursuant to Rule 144 without
      registration.

     

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

     

    10. Amendment
      of Registration Rights.
      Provisions of this Agreement may be amended and the observance thereof may
      be
      waived (either generally or in a particular instance and either retroactively
      or
      prospectively), only with the written consent of the Company and the Holder.
      

     

    11. Definitions.

     

    (a) “Commission”
means
      the Securities and Exchange Commission.

     

    (b) “Commission
      Comments”
means
      written comments pertaining solely to Rule 415 which are received by the Company
      from the Commission, and a copy of which shall have been provided by the Company
      to the Holder, to a filed Registration Statement which limit the amount of
      shares which may be included therein to a number of shares which is less than
      such amount sought to be included thereon as filed with the
      Commission.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    (c) “Common
      Stock”
means
      the common stock, $0.01 par value per share, of the Company.

     

    (d) “Effective
      Date”
means,
      as to a Registration Statement, the date on which such Registration Statement
      is
      first declared effective by the Commission.

     

    (e) “Person”
means
      an individual, a partnership, a limited liability company, a corporation, an
      association, a joint stock company, a trust, a joint venture, an unincorporated
      organization and a governmental entity or any department, agency or political
      subdivision thereof. 

     

    (f) "Prospectus"
      means
      the prospectus included in the Registration Statement (including, without
      limitation, a prospectus that includes any information previously omitted from
      a
      prospectus filed as part of an effective Registration Statement in reliance
      upon
      Rule 430A promulgated under the Securities Act), as amended or supplemented
      by any prospectus supplement, with respect to the terms of the offering of
      any
      portion of the Registrable Securities covered by the Registration Statement,
      and
      all other amendments and supplements to the Prospectus, including post-effective
      amendments, and all material incorporated by reference or deemed to be
      incorporated by reference in such Prospectus

     

    (g) “Registrable
      Securities”
means
      (i) the Shares issued to the Holder and held by the Holder or its assignees,
      (ii) any shares of Common Stock issued to the Holder (whether issued before
      or
      after the date hereof) and held by the Holder or its assignees, (iii) any Common
      Stock issuable upon conversion of any securities convertible into shares of
      Common Stock (including the Preferred Shares) or upon exercise of any warrants,
      options or similar instruments (whether such convertible securities, warrants,
      options or similar instruments are issued before or after the date hereof),
      and
      (iv) any other shares of Common Stock or any other securities issued or issuable
      with respect to the securities referred to in clause (i), (ii) or (iii) by
      way
      of a stock dividend or stock split or in connection with an exchange or
      combination of shares, recapitalization, merger, consolidation or other
      reorganization. 

     

    (h) "Registration
      Statement"
      means
      any registration statement required to be filed hereunder (which, at the
      Company’s option, may be an existing registration statement of the Company
      previously filed with the Commission, but not declared effective), including
      (in
      each case) the Prospectus, amendments and supplements to the Registration
      Statement or Prospectus, including pre- and post-effective amendments, all
      exhibits thereto, and all material incorporated by reference or deemed to be
      incorporated by reference in the Registration Statement 

     

    (i) "Rule
      415"
      means
      Rule 415 promulgated by the Commission pursuant to the Securities Act, as such
      Rule may be amended from time to time, or any similar rule or regulation
      hereafter adopted by the Commission having substantially the same effect as
      such
      Rule.  

     

    (j) “Rule
      424"
      means
      Rule 424 promulgated by the Commission pursuant to the Securities Act, as such
      Rule may be amended from time to time, or any similar rule or regulation
      hereafter adopted by the Commission having substantially the same effect as
      such
      Rule.

     

    (k) “Securities
      Act”
means
      the Securities Act of 1933, as amended from time to time.

     

    (l) “Securities
      Exchange Act”
means
      the Securities Exchange Act of 1934, as amended from time to time.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    12. Miscellaneous.

     

    (a) A
      Person
      is deemed to be a holder of Registrable Securities whenever such Person owns
      or
      is deemed to own of record such Registrable Securities. If the Company receives
      conflicting instructions, notices or elections from two or more Persons with
      respect to the same Registrable Securities, the Company shall act upon the
      basis
      of instructions, notice or election received from the such record owner of
      such
      Registrable Securities.

     

    (b) Any
      notices, consents, waivers or other communications required or permitted to
      be
      given under the terms of this Agreement must be in writing and will be deemed
      to
      have been delivered: (i) upon receipt, when delivered personally; (ii) upon
      receipt, when sent by facsimile (provided confirmation of transmission is
      mechanically or electronically generated and kept on file by the sending party);
      or (iii) one business day after deposit with a nationally recognized overnight
      delivery service, in each case properly addressed to the party to receive the
      same. The addresses and facsimile numbers for such communications shall
      be:

     

    If
      to the
      Company:

     

    Catalyst
      Lighting Group, Inc.

    936A
      Beachland Boulevard, Suite 13

    Vero
      Beach, Florida 32963

    Facsimile:
      (772) 231-5947

    Attention:
      Kevin Keating, Director 

    


    and

    


    If
      to the
      Holder:

    


    ______________________

    ______________________

    ______________________
      

    


    or
      to
      such other address and/or facsimile number and/or to the attention of such
      other
      Person as the recipient party has specified by written notice given to each
      other party five (5) days prior to the effectiveness of such change. Written
      confirmation of receipt (A) given by the recipient of such notice, consent,
      waiver or other communication, (B) mechanically or electronically generated
      by
      the sender's facsimile machine containing the time, date, recipient facsimile
      number and an image of the first page of such transmission or (C) provided
      by a
      courier or overnight courier service shall be rebuttable evidence of personal
      service, receipt by facsimile or receipt from a nationally recognized overnight
      delivery service in accordance with clause (i), (ii) or (iii) above,
      respectively.

     

    (c) Failure
      of any party to exercise any right or remedy under this Agreement or otherwise,
      or delay by a party in exercising such right or remedy, shall not operate as
      a
      waiver thereof.

     

    (d) All
      questions concerning the construction, validity, enforcement and interpretation
      of this Agreement shall be governed by the internal laws of the State of
      Delaware, without giving effect to any choice of law or conflict of law
      provision or rule (whether of the State of Delaware or other jurisdictions)
      that
      would cause the application of the laws of any jurisdictions other than the
      State of Delaware. Each party hereby irrevocably submits to the exclusive
      jurisdiction of the state and federal courts sitting in the State of Delaware,
      for the adjudication of any dispute hereunder or in connection herewith or
      with
      any transaction contemplated hereby or discussed herein, and hereby irrevocably
      waives, and agrees not to assert in any suit, action or proceeding, any claim
      that it is not personally subject to the jurisdiction of any such court, that
      such suit, action or proceeding is brought in an inconvenient forum or that
      the
      venue of such suit, action or proceeding is improper. Each party hereby
      irrevocably waives personal service of process and consents to process being
      served in any such suit, action or proceeding by mailing a copy thereof to
      such
      party at the address for such notices to it under this Agreement and agrees
      that
      such service shall constitute good and sufficient service of process and notice
      thereof. Nothing contained herein shall be deemed to limit in any way any right
      to serve process in any manner permitted by law. If any provision of this
      Agreement shall be invalid or unenforceable in any jurisdiction, such invalidity
      or unenforceability shall not affect the validity or enforceability of the
      remainder of this Agreement in that jurisdiction or the validity or
      enforceability of any provision of this Agreement in any other jurisdiction.
      EACH
      PARTY HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT TO
      REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN
      CONNECTION HEREWITH OR ARISING OUT OF THIS AGREEMENT OR ANY TRANSACTION
      CONTEMPLATED HEREBY.

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    (e) This
      Agreement and the instruments referenced herein and therein constitute the
      entire agreement among the parties hereto with respect to the subject matter
      hereof and thereof. There are no restrictions, promises, warranties or
      undertakings, other than those set forth or referred to herein and therein.
      This
      Agreement and the instruments referenced herein and therein supersede all prior
      agreements and understandings among the parties hereto with respect to the
      subject matter hereof and thereof.

     

    (f) Subject
      to the requirements of Section 9, this Agreement shall inure to the benefit
      of
      and be binding upon the permitted successors and assigns of each of the parties
      hereto.

     

    (g) The
      headings in this Agreement are for convenience of reference only and shall
      not
      limit or otherwise affect the meaning hereof.

     

    (h) This
      Agreement may be executed in identical counterparts, each of which shall be
      deemed an original but all of which shall constitute one and the same agreement.
      This Agreement, once executed by a party, may be delivered to the other party
      hereto by facsimile transmission of a copy of this Agreement bearing the
      signature of the party so delivering this Agreement. This Agreement may also
      be
      executed by electronic signature of such Person.

     

    (i) Each
      party shall do and perform, or cause to be done and performed, all such further
      acts and things, and shall execute and deliver all such other agreements,
      certificates, instruments and documents, as any other party may reasonably
      request in order to carry out the intent and accomplish the purposes of this
      Agreement and the consummation of the transactions contemplated
      hereby.

     

    (j) All
      consents and other determinations required to be made by the Holder pursuant
      to
      this Agreement shall be made, unless otherwise specified in this Agreement,
      by
      the Holder.

     

    (k) The
      language used in this Agreement will be deemed to be the language chosen by
      the
      parties to express their mutual intent and no rules of strict construction
      will
      be applied against any party. 

     

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

     

    (m) The
      obligations of the Holder hereunder are several and not joint with the
      obligations of any other Holder, and no provision of this Agreement is intended
      to confer any obligations on a Holder vis-à-vis any other Holder. Nothing
      contained herein, and no action taken by any Holder pursuant hereto, shall
      be
      deemed to constitute the Holder as a partnership, an association, a joint
      venture or any other kind of entity, or create a presumption that the Holder
      are
      in any way acting in concert or as a group with respect to such obligations
      or
      the transactions contemplated herein.

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

     

    (n) Currency.
      As used
      herein, "Dollar", "US Dollar" and "$" each mean the lawful money of the United
      States.

     

    *
      * * * *
      *

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    


    IN
      WITNESS WHEREOF,
      the
      parties have executed this Registration Rights Agreement as of the date first
      written above.

     

    
      	 	 	 
	 	
              HOLDER:

               

               

            
	 
 	 
 	 
 
	
            	By:  	
            
	 	
              
                

              

               

              Name/Title(Print): 

              
                

              

            


    

     

    
      	 	 	 
	 	
              COMPANY:

              

                Catalyst
                  Lighting Group, Inc.

              

            
	 
 	 
 	 
 
	
            	By:  	/s/
              Kevin R. Keating 
	 	
              
Name/Title:
              Kevin R. Keating,
              CEO


    

     

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    


    Exhibit
      A

     

    Plan
      of Distribution

     

    The
      Selling Stockholders and any of their pledgees, donees, transferees, assignees
      and successors-in-interest may, from time to time, sell any or all of their
      shares of Common Stock on any stock exchange, market or trading facility on
      which the shares are traded or in private transactions. These sales may be
      at
      fixed or negotiated prices. The Selling Stockholders may use any one or more
      of
      the following methods when selling shares:

     

    
      	
              
                ·

              

            	
              ordinary
                brokerage transactions and transactions in which the broker-dealer
                solicits Investors;

            


    

     

    
      	
              
                ·

              

            	
              block
                trades in which the broker-dealer will attempt to sell the shares
                as agent
                but may position and resell a 

              portion
                of the block as principal to facilitate the
                transaction;

            


    

     

    
      	
              
                ·

              

            	
              purchases
                by a broker-dealer as principal and resale by the broker-dealer for
                its
                account;

            


    

     

    
      	
              
                ·

              

            	
              an
                exchange distribution in accordance with the rules of the applicable
                exchange;

            
	 	 
	
              · 

            	privately
              negotiated
              transactions;


    

     

    
      	
              
                ·

              

            	
              to
                cover short sales made after the date that this Registration Statement
                is
                declared effective by the Commission;

            


    

     

    
      	
              
                ·

              

            	
              broker-dealers
                may agree with the Selling Stockholders to sell a specified number
                of such
                shares at a stipulated
                price per share;

            
	 	 
	
              ·

            	
              a
                combination of any such methods of sale; and

            
	 	 
	
              ·

            	
              any
                other method permitted pursuant to applicable
                law.

            


    

     

    The
      Selling Stockholders may also sell shares under Rule 144 under the Securities
      Act, if available, rather than under this prospectus.

     

    Broker-dealers
      engaged by the Selling Stockholders may arrange for other brokers-dealers to
      participate in sales. Broker-dealers may receive commissions or discounts from
      the Selling Stockholders (or, if any broker-dealer acts as agent for the
      purchaser of shares, from the purchaser) in amounts to be negotiated. The
      Selling Stockholders do not expect these commissions and discounts to exceed
      what is customary in the types of transactions involved.

     

    The
      Selling Stockholders may from time to time pledge or grant a security interest
      in some or all of the Shares owned by them and, if they default in the
      performance of their secured obligations, the pledgees or secured parties may
      offer and sell shares of Common Stock from time to time under this prospectus,
      or under an amendment to this prospectus under Rule 424(b)(3) or other
      applicable provision of the Securities Act of 1933 amending the list of selling
      stockholders to include the pledgee, transferee or other successors in interest
      as selling stockholders under this prospectus.

     

    Upon
      the
      Company being notified in writing by a Selling Stockholder that any material
      arrangement has been entered into with a broker-dealer for the sale of Common
      Stock through a block trade, special offering, exchange distribution or
      secondary distribution or a purchase by a broker or dealer, a supplement to
      this
      prospectus will be filed, if required, pursuant to Rule 424(b) under the
      Securities Act, disclosing (i) the name of each such Selling Stockholder and
      of
      the participating broker-dealer(s), (ii) the number of shares involved, (iii)
      the price at which such the shares of Common Stock were sold, (iv) the
      commissions paid or discounts or concessions allowed to such broker-dealer(s),
      where applicable, (v) that such broker-dealer(s) did not conduct any
      investigation to verify the information set out or incorporated by reference
      in
      this prospectus, and (vi) other facts material to the transaction. In addition,
      upon the Company being notified in writing by a Selling Stockholder that a
      donee
      or pledgee intends to sell more than 500 shares of Common Stock, a supplement
      to
      this prospectus will be filed if then required in accordance with applicable
      securities law.

     

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

     

    The
      Selling Stockholders also may transfer the shares of Common Stock in other
      circumstances, in which case the transferees, pledgees or other successors
      in
      interest will be the selling beneficial owners for purposes of this
      prospectus.

     

    The
      Selling Stockholders and any broker-dealers or agents that are involved in
      selling the shares may be deemed to be “underwriters” within the meaning of the
      Securities Act in connection with such sales. In such event, any commissions
      received by such broker-dealers or agents and any profit on the resale of the
      shares purchased by them may be deemed to be underwriting commissions or
      discounts under the Securities Act. Discounts, concessions, commissions and
      similar selling expenses, if any, that can be attributed to the sale of the
      securities will be paid by the Selling Stockholder and/or the purchasers. Each
      Selling Stockholder has represented and warranted to the Company that it
      acquired the securities subject to this registration statement in the ordinary
      course of such Selling Stockholder's business and, at the time of its purchase
      of such securities such Selling Stockholder had no agreements or understandings,
      directly or indirectly, with any person to distribute any such
      securities.

     

    The
      Company has advised each Selling Stockholder that it may not use shares
      registered on this Registration Statement to cover short sales of Common Stock
      made prior to the date on which this Registration Statement shall have been
      declared effective by the Commission. If a Selling Stockholder uses this
      prospectus for any sale of the Common Stock, it will be subject to the
      prospectus delivery requirements of the Securities Act. The Selling Stockholders
      will be responsible to comply with the applicable provisions of the Securities
      Act and Exchange Act, and the rules and regulations thereunder promulgated,
      including, without limitation, Regulation M, as applicable to such Selling
      Stockholders in connection with resales of their respective shares under this
      Registration Statement.

     

    The
      Company is required to pay all fees and expenses incident to the registration
      of
      the shares, but the Company will not receive any proceeds from the sale of
      the
      Common Stock. The Company has agreed to indemnify the Selling Stockholders
      against certain losses, claims, damages and liabilities, including liabilities
      under the Securities Act.

     

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    


    EXHIBIT
      B

     

    FORM
      OF NOTICE OF EFFECTIVENESS

    OF
      REGISTRATION STATEMENT

     

    [Transfer
      Agent]

    [Address]

    Attention:
      

    


    Re: ___________________
      (“Company”)

     

    Ladies
      and Gentlemen:

     

    [We
      are][I am] counsel to _________, a _________ corporation (the "Company"), and
      have represented the Company in connection with that certain Registration Rights
      Agreement with _____________ (the “Holder”) (the "Registration Rights
      Agreement") pursuant to which the Company agreed, among other things, to
      register the Registrable Securities (as defined in the Registration Rights
      Agreement), under the Securities Act of 1933, as amended (the "1933 Act").
      In
      connection with the Company's obligations under the Registration Rights
      Agreement, on ____________ ___, 200_, the Company filed a Registration Statement
      on Form SB-2 (File No. 333-_____________) (the "Registration Statement") with
      the Securities and Exchange Commission (the "SEC") relating to the Registrable
      Securities which names the Holder as a selling stockholder
      thereunder.

     

    In
      connection with the foregoing, [we][I] advise you that a member of the SEC's
      staff has advised [us][me] by telephone that the SEC has entered an order
      declaring the Registration Statement effective under the 1933 Act at [ENTER
      TIME
      OF EFFECTIVENESS] on [ENTER DATE OF EFFECTIVENESS] and [we][I] have no
      knowledge, after telephonic inquiry of a member of the SEC's staff, that any
      stop order suspending its effectiveness has been issued or that any proceedings
      for that purpose are pending before, or threatened by, the SEC and the
      Registrable Securities are available for resale under the 1933 Act pursuant
      to
      the Registration Statement.

     

    This
      letter shall serve as our standing instruction to you that the shares of Common
      Stock are freely transferable by the Holder pursuant to the Registration
      Statement. You need not require further letters from us to effect any future
      legend-free issuance or reissuance of shares of Common Stock to the Holders
      as
      contemplated by the Company's Irrevocable Transfer Agent Instructions dated
      ___________, 200_. 

     

    Very
      truly yours,

     

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    


    EXHIBIT
      B

    


    IRREVOCABLE
      TRANSFER AGENT INSTRUCTIONS

    


    _______________,
      2007

     

    [Addressed
      to Transfer Agent]

    _______________________

    _______________________

     

    Attention: [________________________]

    


    Ladies
      and Gentlemen:

     

    Reference
      is made to that certain Registration Rights Agreement, dated as of
      _________________, 2007 (the "Agreement"),
      by
      and among ______________, a _____________ corporation (the "Company"),
      and
      _________________________ (the "Holder"),
      pursuant to which the Company is obligated to register the Holders shares (the
      "Common
      Shares")
      of
      Common Stock of the Company, par value $0.0001 per share (the "Common
      Stock").

     

    This
      letter shall serve as our irrevocable authorization and direction to you
      (provided that you are the transfer agent of the Company at such time) to issue
      shares of Common Stock upon transfer or resale of the Common Shares.


     

    You
      acknowledge and agree that so long as you have previously received (a) written
      confirmation from the Company's legal
      counsel that either (i) a registration statement covering resales of the Common
      Shares has been declared effective by the Securities and Exchange Commission
      (the "SEC")
      under
      the Securities Act of 1933, as amended (the "1933
      Act"),
      or
      (ii) sales of the Common Shares may be made in conformity with Rule 144 under
      the 1933 Act (“Rule
      144”),
      (b) if
      applicable, a copy of such registration statement,
      and
      (c)
      notice from legal counsel to the Company or any Holder that a transfer of Common
      Shares has been effected either pursuant to the registration statement (and
      a
      prospectus delivered to the transferee) or pursuant to Rule 144,
      then
as
      promptly as practicable,
      you
      shall
      issue the certificates representing the Common Shares registered
      in the names of such transferees,
      and
      such certificates shall not bear any legend restricting transfer of the Common
      Shares thereby and should not be subject to any stop-transfer
      restriction; provided,
      however, that if such Common Shares and are not registered for resale under
      the
      1933 Act or able to be sold under Rule 144, then the certificates for such
      Common Shares shall bear the following legend:

     

    THE
      SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE
      SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN
      THE
      ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER
      THE
      SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL, IN A GENERALLY
      ACCEPTABLE FORM, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS
      SOLD PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE
      FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN
      ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE
      SECURITIES.

     

    
      
        
        

      

      
        19

        
          

        

      

      
        
        

      

    

     

    A
      form of
      written confirmation from the Company's outside legal counsel that a
      registration statement covering resales of the Common Shares has been declared
      effective by the SEC under the 1933 Act is attached hereto.

     

    Please
      execute this letter in the space indicated to acknowledge your agreement to
      act
      in accordance with these instructions. Should you have any questions concerning
      this matter, please contact me at ____________.

    
      	 	 	 
	 	
              Very
                truly yours,

               

              ___________________ (“Company”)

               

               

            
	
            	By:  	
            
	 	
              

              Name: 

              Title:

            


    

     

    THE
      FOREGOING INSTRUCTIONS ARE

    ACKNOWLEDGED
      AND AGREED TO

     

    this
      ___
      day of ________________, 2007

     

    [TRANSFER
      AGENT]

     

    
      	 	 	 	 
	By:  	 	 	
            
	
              Name: ___________________

              Title:
                ___________________

               

            	 	 	
            

Enclosures

     

    Copy:
      Holder

     

    
      
        
        

      

      
        20