Document:

EXHIBIT 10.1
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         NEITHER THESE SECURITIES NOR THE SECURITIES ISSUABLE UPON CONVERSION
         HEREOF HAVE BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND
         EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE OR UNDER
         THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"). THE SECURITIES ARE
         RESTRICTED AND MAY NOT BE OFFERED, RESOLD, PLEDGED OR TRANSFERRED
         EXCEPT AS PERMITTED UNDER THE ACT PURSUANT TO AN EFFECTIVE REGISTRATION
         STATEMENT OR AN EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS.

NO. ______                                                   $________ PRINCIPAL
AMOUNT

                                CDKNET.COM, INC.

                10% CONVERTIBLE EXTENDABLE NOTE DUE JUNE 8, 2005

         THIS NOTE is issued by CDKNET.COM, INC., a Delaware corporation (the
"Company"), and is part of an issue of an aggregate of up to Five Hundred Fifty
Thousand Dollars $750,000 principal amount of 10% Convertible Extendable Notes
due June 8, 2005 (the "Convertible Notes").

         FOR VALUE RECEIVED, the Company promises to pay to ___________________,
or permitted assigns (the "HOLDER"), the principal sum of
________________________ and 00/100 (US $________) Dollars on the "Maturity
Date," defined below, and to pay simple interest on the principal sum
outstanding at the rate of 10% per annum. Accrual of interest shall commence on
the date of initial issuance and continue daily on the basis of a 360 day year
until payment in full of the principal sum has been made or duly provided for.
If the Maturity Date is not a business day in the State of New York, then such
payment shall be made on the next succeeding business day. Subject to the
provisions of Section 4 below, principal and accrued interest on this Note are
payable in cash on the Maturity Date, at the address last appearing on the Note
Register of the Company as designated in writing by the Holder from time to
time. The Company will pay the principal of and any accrued but unpaid interest
due upon this Note on the Maturity Date, less any amounts required by law to be
deducted, to the registered holder of this Note as of the fifth day prior to the
Maturity Date and addressed to such holder at the last address appearing on the
Note register maintained by the Company (the "NOTE REGISTER"). The forwarding of
such check shall constitute a payment of principal and interest hereunder and
shall satisfy and discharge the liability for principal and interest on this
Note to the extent of the sum represented by such check, plus any amounts so
deducted.

         For the purposes of this Convertible Note, the "MATURITY DATE" shall
mean June 8, 2005 or, if the Company elects in writing to extend the Maturity
Date to September 8, 2005, provided that such extension may be made only if the
Company:

         (a) Notifies the Holder of its intent to extend the Maturity Date on or
prior to June 8, 2005;

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         (b) Pays the Holder accrued and unpaid interest to June 8, 2005; and

         (c) Pays Holder an extension fee calculated by dividing the principal
amount of this Note by the aggregate amount of principal Convertible Notes
outstanding and multiplying the result thus obtained by $20,000.

         This Note is subject to the following additional provisions:

         1. WITHHOLDING AND ISSUANCE TAXES. The Company shall be entitled to
withhold from all payments of principal of, and interest on, this Note any
amounts required to be withheld under the applicable provisions of the United
States income tax laws or other applicable laws at the time of such payments,
and Holder shall execute and deliver all required documentation in connection
therewith. The issuance of certificates for shares of common stock, $ .001 par
value (the "Common Stock"), of the Company upon conversion of this Note shall be
made without charge to the Holder for any United States issuance tax in respect
thereof, provided that the Company shall not be required to pay any tax that may
be payable in respect of any transfer involved in the issuance and delivery of
any certificate in a name other than that of the Holder of this Note.

         2. TRANSFER OF NOTE. This Note has been issued subject to investment
representations of the original purchaser hereof and may be transferred or
exchanged only in compliance with the Securities Act of 1933, as amended (the
"SECURITIES ACT"), and other applicable state and foreign securities laws. The
Holder shall deliver written notice to the Company of any proposed transfer of
this Note. In the event of any proposed transfer of this Note, the Company may
require, prior to issuance of a new Note in the name of such other person, that
it receive reasonable transfer documentation including legal opinions that the
issuance of the Note in such other name does not and will not cause a violation
of the Securities Act or any applicable state or foreign securities laws. Prior
to due presentment for transfer of this Note, the Company and any agent of the
Company may treat the person in whose name this Note is duly registered on the
Company's Note Register as the owner hereof for the purpose of receiving payment
as herein provided and for all other purposes, whether or not this Note be
overdue, and neither the Company nor any such agent shall be affected by notice
to the contrary. This Note has been executed and delivered pursuant to the
Securities Purchase Agreement dated as of March ___, 2005 between the Company
and the original Holder (the "PURCHASE AGREEMENT"), and is subject to the terms
and conditions of the Purchase Agreement, which are, by this reference,
incorporated herein and made a part hereof. Capitalized terms used and not
otherwise defined herein shall have the meanings set forth for such terms in the
Purchase Agreement.

         3. CONVERSION. The Holder of this Note will be entitled, at its option,
to convert, at any time after the initial issuance of the Convertible Notes, the
Principal Amount of this Note or any portion thereof, together with accrued and
unpaid interest on such Principal Amount, into shares of Common Stock as
follows:

         (a) RIGHT TO CONVERT UPON DEFAULT.

                  (i) Subject to the terms, conditions, and restrictions of this
Section 3, at any time after the occurrence and continuation of an "Event of
Default" defined in Section 7, below,

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the Holder of this Note shall have the right to convert all or any portion of
the Principal Amount of this Note, together with the accrued and unpaid interest
on such Principal Amount so converted, into that number of fully-paid and
nonassessable shares of Common Stock (rounded to the nearest whole share in
accordance with Subsection 3(e)), at the Conversion Rate (as defined below).

                  (ii) Anything in Subsection 3(a)(i) to the contrary
notwithstanding, in no event shall any Holder be entitled to convert all or any
portion of the Principal Amount of this Note in excess of that amount of the
Principal Amount of this Note that, upon giving effect to such conversion, would
cause the aggregate number of shares of Common Stock beneficially owned by the
Holder and its "AFFILIATES" (as defined in Rule 405 under the Securities Act) to
exceed 4.99% of the outstanding shares of the Common Stock following such
conversion. For purposes of this Subsection, the aggregate number of shares of
Common Stock beneficially owned by the Holder and its affiliates shall include
the number of shares of Common Stock issuable upon conversion of this Note with
respect to which the determination is being made, but shall exclude the number
of shares of Common Stock that would be issuable upon (i) conversion of the
remaining, nonconverted portion of the Principal Amount of this Note
beneficially owned by the Holder and its affiliates and (ii) exercise or
conversion of the unexercised or unconverted portion of any other securities of
the Company (including, without limitation, any warrants or convertible
preferred stock) subject to a limitation on conversion or exercise analogous to
the limitation contained herein beneficially owned by the Holder and its
affiliates. Except as set forth in the preceding sentence, for purposes of this
Subsection 3(a)(ii), beneficial ownership shall be calculated in accordance with
Section 13(d) of the Securities Exchange Act of 1934, as amended (the "EXCHANGE
ACT"). For purposes of this Subsection, in determining the number of outstanding
shares of Common Stock, a Holder may rely on the number of outstanding shares of
Common Stock as reflected in (1) the Company's most recent Form 10-QSB or Form
10-KSB, as the case may be, (2) a more recent public announcement by the Company
or (3) any other notice by the Company or its transfer agent setting forth the
number of shares of Common Stock outstanding. For any reason at any time, upon
the written or oral request of a Holder, the Company shall promptly confirm
orally and in writing to any such Holder the number of shares of Common Stock
then outstanding. In any case, the number of outstanding shares Common Stock
shall be determined after giving effect to conversions of this Note by such
Holder since the date as of which such number of outstanding shares of Common
Stock was reported. To the extent that the limitation contained in this
Subsection 3(a)(ii) applies, the determination of whether such portion of this
Note is convertible (in relation to other securities owned by a Holder) and of
what portion of this Note is convertible shall be in the sole discretion of such
Holder, and (subject to the restriction set forth below) the submission of this
Note for conversion shall be deemed to be such Holder's determination of whether
such portion of this Note is convertible (in relation to other securities owned
by such Holder) and of what portion of this Note is convertible, in each case
subject to such aggregate percentage limitation, and the Company shall have no
obligation or right to verify or confirm the accuracy of such determination.
Nothing contained herein shall be deemed to restrict the right of a Holder to
convert such portion of this Note at such time as such conversion will not
violate the provisions of this Subsection. A Holder of this Note may waive the
provisions of this Subsection 3(a)(ii) as to itself (and solely as to itself)
upon not less than 75 days' prior notice to the Company, and the provisions of
this Subsection 3(a)(ii) shall continue to apply until such 75th day (or such
later date as may be specified in such notice of waiver). No conversion in
violation of this Subsection 3(a)(ii), but otherwise in accordance with this
Note, shall affect the status of the Common Stock

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issued upon such conversion as validly issued, fully-paid and nonassessable.
Subsection 3(g) below sets forth additional limitations on the Company's
obligation to issue shares of Common Stock upon conversion of this Note.

         (b) CONVERSION RATE AND OTHER DEFINITIONS. The number of shares of
Common Stock issuable upon conversion of all or any portion of the Principal
Amount of this Note pursuant to Subsection (3)(a) shall be determined according
to the following formula (the "CONVERSION RATE"):

                           Conversion Amount
                           Conversion Price

         For purposes of this Note, the following terms shall have the following
meanings:

         "CHANGE OF CONTROL" means:

                  (i) The acquisition by any Person (as defined below) of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under the
Exchange Act) of 50% or more of either (x) the then outstanding shares of Common
Stock of the Company (the "OUTSTANDING COMPANY COMMON STOCK") or (y) the
combined voting power of the then outstanding voting securities of the Company
entitled to vote generally in the election of directors (the "OUTSTANDING
COMPANY VOTING SECURITIES"); provided, however, that for purposes of this
subsection (i), the following acquisitions of stock shall not result in a Change
of Control: (A) any acquisition directly from the Company, (B) any acquisition
by the Company, (C) any acquisition by any employee benefit plan (or related
trust) sponsored or maintained by the Company or any corporation controlled by
the Company or (D) any acquisition by any corporation pursuant to a transaction
that complies with clauses (A), (B), and (C) of subsection (iii) of this
definition; or

                  (ii) Individuals who, as of the date hereof, constitute the
Board (the "INCUMBENT BOARD") cease for any reason to constitute at least a
majority of the Incumbent Board; provided, however, that any individual becoming
a director subsequent to the date hereof whose election, or nomination for
election, by the Company's shareholders was approved by a vote of at least a
majority of the directors then comprising the Incumbent Board shall be
considered as though such individual were a member of the Incumbent Board, but
excluding, for this purpose, any such individual whose initial assumption of
office occurs as a result of an actual or threatened election contest with
respect to the election or removal of directors or other actual or threatened
solicitation of proxies or consents by or on behalf of a Person other than the
Incumbent Board; or

                  (iii) Consummation of a reorganization, merger, or
consolidation or sale or other disposition of all or substantially all of the
assets of the Company (a "BUSINESS COMBINATION"), in each case, unless following
such Business Combination, (A) all or substantially all of the individuals and
entities who were the beneficial owners, respectively, of the Outstanding
Company Common Stock and Outstanding Company Voting Securities immediately prior
to such Business Combination beneficially own, directly or indirectly, more than
50% of, respectively, the outstanding shares of common stock and the combined
voting power of the then outstanding voting securities entitled to vote
generally in the election of

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directors, as the case may be, of the corporation resulting from such Business
Combination, including, without limitation, a corporation that as a result of
such transaction owns the Company or all or substantially all of the Company's
assets either directly or through one or more subsidiaries (any such corporation
being referred to herein as a "RESULTING COMPANY"), in substantially the same
proportions as their ownership of the Outstanding Company Common Stock and
Outstanding Company Voting Securities, as the case may be, immediately prior to
such Business Combination, (B) no Person (excluding any employee benefit plan
(or related trust) of the Company or a Resulting Company) beneficially owns,
directly or indirectly, 50% or more of, respectively, the outstanding shares of
common stock of the Resulting Company or the combined voting power of the then
outstanding voting securities of such Resulting Company except to the extent
that such ownership existed prior to the Business Combination, and (C) at least
a majority of the members of the board of directors of the Resulting Company
were members of the Incumbent Board (or were approved by at least a majority of
the Incumbent Board) at the time of the execution of the initial agreement, or
of the action of the Board, providing for such Business Combination; or

                  (iv) Approval by the stockholders of the Company of a complete
liquidation or dissolution of the Corporation.

         "CLOSING BID PRICE" or "CLOSING ASK PRICE" means, for any security as
of any date, the last closing bid or ask price, as the case may be, for such
security on the Principal Market (as defined below) as reported by Bloomberg
L.P. ("BLOOMBERG"), or, if the Principal Market is not the principal securities
exchange or trading market for such security, the last closing bid or ask price
of such security on the principal securities exchange or trading market where
such security is listed or traded as reported by Bloomberg, or if the foregoing
do not apply, the last closing bid or ask price of such security in the
over-the-counter market on the electronic bulletin board for such security as
reported by Bloomberg, or, if no closing bid or ask price is reported for such
security by Bloomberg, the last closing trade price of such security as reported
by Bloomberg, or, if no last closing trade price is reported for such security
by Bloomberg, the average of the bid or ask prices of any market makers for such
security as reported in the "pink sheets" by the National Quotation Bureau, Inc.
If the Closing Bid Price or Closing Ask Price cannot be calculated for such
security on such date on any of the foregoing bases, the Closing Bid Price or
Closing Ask Price of such security on such date shall be the fair market value
as mutually determined by the Company and the holders of a majority of the
currently outstanding Principal Amount of all Convertible Notes. If the Company
and the Holders of the Convertible Notes are unable to agree upon the fair
market value of the Common Stock, then such dispute shall be resolved pursuant
to Subsection 3 (h). (All such determinations are to be appropriately adjusted
for any stock dividend, stock split or other similar transaction during such
period).

         "CONVERSION AMOUNT" means that portion of this Note being converted by
such Holder.

         "CONVERSION DATE" means the date upon which the relevant Conversion
Notice shall have been received by the Transfer Agent.

         "CONVERSION PRICE" means, as of any Conversion Date or other date of
determination, the lower of: (i) a fixed conversion price of $0.67; or (ii) a
variable conversion price equal to the Market Price.

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         "ISSUANCE DATE" means the Closing Date as set forth in the Purchase
Agreement.

         "MARKET PRICE" means the average of the Closing Bid Prices of the
Common Stock on the Principal Market as reported by Bloomberg for the ten
Trading Days immediately preceding the date of determination.

         "PRINCIPAL MARKET" means the American Stock Exchange, the New York
Stock Exchange, the NASDAQ National Market, or the NASDAQ SmallCap Market, or
the OTC Bulletin Board, whichever is at the time the principal trading exchange
or market for the Common Stock, based upon share volume.

         "REGISTRATION RIGHTS AGREEMENT" means that certain Registration Rights
Agreement between the Company and the initial holder of this Convertible Note,
concerning the registration of the resale of the shares of Common Stock issuable
upon conversion of the Convertible Notes.

         "TRADING DAY" means any day during which the Principal Market shall be
open for business.

         (c) CONVERSION NOTICE. The Holder of this Note may exercise its
conversion right by giving a written conversion notice in the form of Exhibit A
hereto (the "CONVERSION NOTICE") to the Company's transfer agent for its Common
Stock, as designated by the Company from time to time (the "TRANSFER AGENT"),
(x) by facsimile or (y) by registered mail or overnight delivery service, with a
copy by facsimile to the Company and the Company's outside counsel as specified
from time to time by written notice to the holders of the Convertible Notes.
Upon receipt of a conversion notice from the Holder, the Company shall make a
notation on the Note Register as to the remaining outstanding principal amount
of the Notes registered in the name of the Holder which shall be conclusive and
binding upon the Holder. Promptly, but in no event more than five (5) Trading
Days after the receipt of a Conversion Notice converting the entire unpaid
Principal Amount of this Note, the Holder of this Note shall surrender this Note
to the Company (or such other office or agency of the Company as the Company may
designate by notice in writing to the holders of the Convertible Notes).

         (d) ISSUANCE OF CERTIFICATES; TIME CONVERSION EFFECTED.

                  (i) Promptly, but in no event more than five (5) Trading Days
after the receipt of the Conversion Notice referred to in Subsection 3(c), the
Transfer Agent shall issue and deliver, or the Company shall cause to be issued
and delivered, to the Holder, registered in such name or names as the Holder may
direct, a certificate or certificates for the number of whole shares of Common
Stock into which this Note has been converted. In the alternative, if the
Transfer Agent is a participant in the electronic book transfer program, the
Transfer Agent shall credit such aggregate number of shares of Common Stock to
which the Holder shall be entitled to the Holder's or its designee's balance
account with The Depository Trust Company. Such conversion shall be deemed to
have been effected, and the Conversion Date shall be deemed to have occurred, on
the date on which such Conversion Notice shall have been received by the
Transfer Agent. The rights of the Holder of this Note shall cease, and the
person or persons in whose name or names any certificate or certificates for
shares of Common Stock shall be issuable upon such conversion shall be deemed to
have become the Holder or Holders of record of the shares represented thereby,
on the Conversion Date. Issuance of shares of Common Stock

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issuable upon conversion that are requested to be registered in a name other
than that of the registered Holder shall be subject to compliance with all
applicable federal and state securities laws.

                  (ii) If, at any time, (a) the Company challenges, disputes or
denies the right of the Holder to effect the conversion of this Note into Common
Stock or otherwise dishonors or rejects, or causes the Transfer Agent to
dishonor or reject, any valid Conversion Notice properly delivered in accordance
with this Section 3 or (b) any third party who is not and has never been an
affiliate of the Holder obtains a judgment or order from any court or public or
governmental authority that denies, enjoins, limits, modifies, or delays the
right of the Holder to effect the conversion of this Note into Common Stock,
then the Holder shall have the right, by written notice to the Company, to
require the Company to promptly redeem this Note in accordance with Section 4.
Under any of the circumstances set forth above, the Company shall indemnify the
Holder against and hold it harmless from, and be responsible for the payment of,
all costs and expenses of the Holder, including its reasonable legal fees and
expenses, as and when incurred in disputing any such action or pursuing its
rights hereunder (in addition to any other rights of the Holder), unless the
Company or third party prevails. The Company shall not refuse to honor, or cause
the Transfer Agent to refuse to honor, any Conversion Notice unless the Company
or the Transfer Agent, as the case may be, has actually been enjoined by a court
of competent jurisdiction from doing so.

                  (iii) The Holder of this Note shall be entitled to exercise
its conversion privilege notwithstanding the commencement of any case under 11
U.S.C. ss. 101 et seq. (the "BANKRUPTCY CODE"). The Company hereby waives to the
fullest extent permitted any rights to relief it may have under 11 U.S.C. ss.
362 in respect of the Holder's conversion privilege, if the Company becomes a
debtor under the Bankruptcy Code. The Company agrees to take or consent to any
and all action necessary to effectuate relief under 11 U.S.C. ss. 362 without
cost or expense to the Holder.

         (e) FRACTIONAL SHARES. The Company shall not, nor shall it cause the
Transfer Agent to, issue any fraction of a share of Common Stock upon any
conversion. All shares of Common Stock (including fractions thereof) issuable
upon conversion of this Note by the Holder shall be aggregated for purposes of
determining whether the conversion would result in the issuance of a fraction of
a share of Common Stock. If, after such final aggregation, the issuance would
result in the issuance of a fraction of a share of Common Stock, the Company
shall cause the Transfer Agent to issue one whole share of Common Stock in
respect of such fraction of a share of Common Stock.

         (f) ADJUSTMENT TO CONVERSION PRICE; DILUTION AND OTHER EVENTS. In order
to prevent dilution of the rights granted under this Note, the Conversion Price
will be subject to adjustment from time to time as provided in this Subsection
3(f).

                  (i) ADJUSTMENT OF MAXIMUM CONVERSION PRICE UPON SUBDIVISION OR
COMBINATION OF COMMON STOCK. If the Company at any time subdivides (by any stock
split, stock dividend, recapitalization or otherwise) one or more classes of its
outstanding shares of Common Stock into a greater number of shares, the Maximum
Conversion Price in effect immediately prior to such subdivision will be
proportionately reduced. If the Company at any time combines (by combination,
reverse stock split or otherwise) one or more classes of its

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outstanding shares of Common Stock into a smaller number of shares, the Maximum
Conversion Price in effect immediately prior to such combination will be
proportionately increased.

                  (ii) REORGANIZATION, RECLASSIFICATION, CONSOLIDATION, MERGER
OR SALE. Any recapitalization, reorganization, reclassification, consolidation,
merger, sale of all or substantially all of the Company's assets to another
Person (as defined below) or other transaction which is effected in such a way
that holders of Common Stock are entitled to receive (either directly or upon
subsequent liquidation) stock, securities or assets with respect to or in
exchange for Common Stock is referred to herein as an "ORGANIC CHANGE." Prior to
the consummation of any Organic Change, the Company will make appropriate
provision (in form and substance reasonably satisfactory to the Holder) to
insure that the Holder will thereafter have the right to acquire and receive in
lieu of or in addition to (as the case may be) the shares of Common Stock
otherwise acquirable and receivable upon the conversion of this Note, such
shares of stock, securities or assets as would have been issued or payable in
such Organic Change with respect to or in exchange for the number of shares of
Common Stock that would have been acquirable and receivable had this Note been
converted into shares of Common Stock immediately prior to such Organic Change
(without taking into account any limitations or restrictions on the timing or
amount of conversions). In any such case, the Company will make appropriate
provision (in form and substance reasonably satisfactory to the Holder) with
respect to the Holder's rights and interests to insure that the provisions of
this Section 3(f) will thereafter be applicable to this Note (including, in the
case of any such consolidation, merger or sale in which the successor entity or
purchasing entity is other than the Company, an immediate adjustment of the
Maximum Conversion Price in accordance with Subsection 3(f)(i) using the value
for the Common Stock reflected by the terms of such consolidation, merger or
sale, if the value so reflected is less than the Maximum Conversion Price in
effect immediately prior to such consolidation, merger or sale). The Company
will not effect any such consolidation, merger or sale, unless prior to the
consummation thereof, the successor entity (if other than the Company) resulting
from consolidation or merger or the entity purchasing such assets assumes, by
written instrument (in form and substance reasonably satisfactory to the holders
of a more than fifty percent (50%) of Principal Amount of the Convertible Notes
then outstanding), the obligation to deliver to each holder of Convertible Notes
such shares of stock, securities or assets as, in accordance with the foregoing
provisions, such holder may be entitled to acquire. "PERSON" shall mean an
individual, a limited liability company, a partnership, a joint venture, a
corporation, a trust, an unincorporated organization and a government or any
department or agency thereof.

         (g) LIMITATION ON NUMBER OF CONVERSION SHARES. Notwithstanding any
other provision herein, the Company shall not be obligated to issue any shares
of Common Stock upon conversion of the Convertible Notes if the issuance of such
shares of Common Stock plus shares of Common Stock issued upon the exercise of
the Warrants issued under the Securities Purchase Agreement would exceed 19.9%
of the shares of Common Stock issued and outstanding on the date of the Purchase
Agreement (the "EXCHANGE CAP") without the Company's violating the corporate
governance rules , if any, of the Principal Market, except that such limitation
shall not apply in the event that the Company (i) obtains the approval of its
stockholders as required by the corporate governance rules of the Principal
Market for issuances of Common Stock in excess of the Exchange Cap, or (ii)
obtains a written opinion from outside counsel to the Company that such approval
is not required, which opinion shall be reasonably satisfactory to the holders
of more than fifty percent (50%) of the Principal Amount of the Convertible
Notes then outstanding. Until such approval or written opinion is obtained or
such action has been taken by

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the required number of holders, no purchaser of Convertible Notes pursuant to
the Purchase Agreement, collectively, (the "INVESTORS" and, individually, an
"INVESTOR") shall be issued, upon conversion of Convertible Notes, shares of
Common Stock in an amount greater than the product of (x) the Exchange Cap
amount multiplied by (y) a fraction, the numerator of which is the Principal
Amount of Convertible Notes purchased by such Investor pursuant to the Purchase
Agreement and the denominator of which is the aggregate Principal Amount of all
the Convertible Notes purchased by the Investor pursuant to the Purchase
Agreement (the "CAP ALLOCATION AMOUNT"). In the event that any Investor shall
sell or otherwise transfer any of such Investor's Convertible Notes, the
transferee shall be allocated a pro rata portion of such Investor's Cap
Allocation Amount. In the event that any holder of a Convertible Note shall
convert all of such holder's Convertible Note into a number of shares of Common
Stock that, in the aggregate, is less than such holder's Cap Allocation Amount,
then the difference between such holder's Cap Allocation Amount and the number
of shares of Common Stock actually issued to such holder shall be allocated to
the respective Cap Allocation Amounts of the remaining holders of Convertible
Notes on a pro rata basis in proportion to the Principal Amount of Convertible
Notes then held by each such Holder.

         (h) DISPUTE RESOLUTION. In the case of a dispute as to the
determination of the Closing Ask Price or Closing Bid Price of any security or
the arithmetic calculation of the Conversion Rate, the Company shall, or shall
cause the Transfer Agent to, promptly issue to the Holder the number of shares
of Common Stock that is not disputed and shall submit the disputed
determinations or arithmetic calculations to the Holder via facsimile within one
(1) business day of receipt of the Holder's Conversion Notice. If the Holder and
the Company are unable to agree upon the determination of such Closing Ask Price
or Closing Bid Price, as the case may be, or the arithmetic calculation of the
Conversion Rate within one (1) business day of such disputed determination or
arithmetic calculation being submitted to the Holder, then the Company shall
within one (1) business day following such date of delivery submit via facsimile
(A) the disputed determination of the Closing Ask Price or Closing Bid Price, as
the case may be, to an independent, reputable investment bank or (B) the
disputed arithmetic calculation of the Conversion Rate to its independent
certified public accounting firm. The Company shall cause the investment bank or
the accounting firm, as the case may be, to perform the determinations or
calculations and notify the Company and the Holder of the results no later than
forty-eight (48) hours from the time it receives the disputed determinations or
calculations. Such investment bank's or accounting firm's determination or
calculation, as the case may be, shall be binding upon all parties absent
manifest error.

         4. REDEMPTION.

         (a) REDEMPTION AT THE OPTION OF THE COMPANY. At any time after the
initial issuance of the Convertible Notes, the Company, upon notice delivered to
the holders of the then outstanding Convertible Notes in the manner provided in
Subsection 4(b), may redeem in whole or in part the Convertible Notes (but only
with respect to the Amount as to which such holders have not theretofore
furnished a Conversion Notice in compliance with Subsection 3(c), at a price
(the "OPTIONAL REDEMPTION PRICE") equal to the sum of (a) 120% of the Principal
Amount and (b) the accrued interest thereon.

         (b) NOTICE OF REDEMPTION. (i) Notice of redemption pursuant to
Subsection 4(a) (the "OPTIONAL REDEMPTION NOTICE") shall be provided by the
Company to the Holder in writing (by

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registered mail or overnight courier at the Holder's last address appearing in
the Note Register not less than five (5) nor more than ten (10) days prior to
the date stipulated by the Company for the redemption of the Convertible Notes
(the "OPTIONAL REDEMPTION DATE"), which notice shall specify the Optional
Redemption Date and refer to Subsection 4(a) and this Subsection 4(b).

                  (ii) Upon receipt of the Optional Redemption Notice, the
Holder shall have the option, at its sole election, to specify what portion of
the Convertible Notes called for redemption in the Optional Redemption Notice
shall be redeemed as provided in Subsection 4(a) or converted into Common Stock
in the manner provided in Subsection 3(a). If the Holder elects to convert any
portion of the Convertible Notes, then such conversion shall take place on the
Conversion Date specified by the Holder, but in no event after the Optional
Redemption Date, in accordance with the terms of Subsection 3(a).

         (c) MANDATORY REDEMPTION. The Company will apply 33% of all proceeds
from the sale of securities for cash in excess of $1,000,000 after the Issuance
Date to redeem outstanding Notes, pro rata ("MANDATORY REDEMPTION PRICE").

         (d) SURRENDER OF CONVERTIBLE NOTES. Upon any redemption of this
Convertible Note pursuant to Subsection 4(a) or 4(b), the Holder shall either
deliver the Convertible Note by hand to the Company at its principal executive
offices or surrender the same to the Company at such address by express courier.
Payment of the Optional Redemption Price specified in Subsection 4(a) or payment
of the Mandatory Redemption Price specified in Subsection 4(c) shall be made by
the Company to the Holder against receipt of the Convertible Notes by wire
transfer of immediately available funds to such account(s) as the Holder shall
specify in writing to the Company.

         5. NOTICES. In case at any time:

         (a) the Company shall declare any dividend upon its Common Stock
payable in cash or stock or make any other pro rata distribution to the holders
of its Common Stock; or

         (b) the Company shall offer for subscription pro rata to the holders of
its Common Stock any additional shares of stock of any class or other rights; or

         (c) there shall be any capital reorganization or reclassification of
the capital stock of the Company, or a consolidation or merger of the Company
with or into, or a sale of all or substantially all its assets to, another
entity or entities; or

         (d) there shall be a voluntary or involuntary dissolution, liquidation
or winding up of the Company; then, in any one or more of said cases, the
Company shall give, by first class mail, postage prepaid, or by telex or
facsimile or by recognized overnight delivery service, addressed to the Holder
at the address of the Holder as shown on the books of the Company, (i) at least
10 days' prior written notice of the date on which the books of the Company
shall close or a record shall be taken for such dividend, distribution or
subscription rights or for determining rights to vote in respect of any such
reorganization, reclassification, consolidation, merger, sale, dissolution,
liquidation or winding up and (ii) in the case of any such reorganization,
reclassification, consolidation, merger, sale, dissolution, liquidation or
winding up, at least 10 days' prior written notice of the date when the same
shall take place. Such notice in accordance

                                      -10-
<PAGE>

with the foregoing clause (i) shall also specify, in the case of any such
dividend, distribution or subscription rights, the date on which the holders of
Common Stock shall be entitled thereto and (ii) shall also specify the date on
which the holders of Common Stock shall be entitled to exchange their Common
Stock for securities or other property deliverable upon such reorganization,
reclassification, consolidation, merger, sale, dissolution, liquidation or
winding up, as the case may be.

         6. STOCK TO BE RESERVED. The Company has a sufficient number of shares
of Common Stock available to reserve for issuance upon the conversion of all
outstanding Convertible Notes, assuming immediate conversion at $.67 per share.
The Company will at all times reserve and keep available out of its authorized
Common Stock, solely for the purpose of issuance upon the conversion of all of
its Convertible Notes as herein provided, such number of shares of Common Stock
as shall then be issuable upon the conversion of all Convertible Notes. The
Company covenants that all shares of Common Stock that shall be so issued shall
be duly and validly issued, fully-paid and non assessable. The Company will take
all such action as may be so taken without violation of any applicable law or
regulation to have a sufficient number of authorized but unissued shares of
Common Stock to issue upon conversion of all Convertible Notes. The Company will
not take any action that results in any adjustment of the conversion rights if
the total number of shares of Common Stock issued and issuable after such action
upon conversion of this Note would exceed the total number of shares of Common
Stock then authorized by the Company's Articles of Incorporation.

         7. DEFAULT AND REMEDIES.

         (a) EVENT OF DEFAULT. Each of the following shall constitute an "EVENT
OF DEFAULT":

                           (i) the Company shall default in the payment of
         principal or interest on this Note and same shall continue for a period
         of ten (10) days; or

                           (ii) any of the material representations or
         warranties made by the Company herein, in the Purchase Agreement, in
         the Registration Rights Agreement, or in any agreement, certificate or
         financial or other written statements heretofore or hereafter furnished
         by the Company in connection with the execution and delivery of this
         Note or the Purchase Agreement, shall be false or misleading in any
         material respect at the time made, and such default is not cured within
         14 days of receipt of written notice specifying the nature of the
         misrepresentation; or

                           (iii) the Company shall (A) make an assignment for
         the benefit of creditors or commence proceedings for its dissolution;
         or (B) apply for or consent to the appointment of a trustee, liquidator
         or receiver for its or for a substantial part of its property or
         business; or

                           (iv) a trustee, liquidator or receiver shall be
         appointed for the Company or for a substantial part of its property or
         business without its consent and shall not be discharged within sixty
         (60) days after such appointment; or

                           (v) any governmental agency or any court of competent
         jurisdiction at the instance of any governmental agency shall assume
         custody or control of the whole or

                                      -11-
<PAGE>

         any substantial portion of the properties or assets of the Company and
         shall not be dismissed within sixty (60) days thereafter; or

                           (vi) any final money judgment, writ or warrant of
         attachment, or similar process in excess of Two Hundred Thousand
         ($200,000) Dollars in the aggregate shall be entered or filed against
         the Company or any of its properties or other assets and shall remain
         unpaid, unvacated, unbonded or unstayed for a period of sixty (60) days
         or in any event later than five (5) days prior to the date of any
         proposed sale thereunder; or

                           (vii) bankruptcy, reorganization, insolvency or
         liquidation proceedings or other proceedings for relief under any
         bankruptcy law or any law for the relief of debtors shall be instituted
         by or against the Company and, if instituted against the Company, shall
         not be dismissed within sixty (60) days after such institution or the
         Company shall by any action or answer approve of, consent to, or
         acquiesce in any such proceedings or admit the material allegations of,
         or default in answering, a petition filed in any such proceeding.

         (b) REMEDIES. Upon the occurrence and during the continuance of any
Event of Default, the Holder may declare this Note immediately due and payable,
without presentment, demand, protest or notice of any kind, all of which are
hereby expressly waived, anything herein or in any note or other instruments
contained to the contrary notwithstanding, and the Holder may immediately
enforce any and all of the Holder's rights and remedies provided herein or any
other rights or remedies afforded by law; provided, that any payment of this
Note in connection with an Event of Default shall be made at the fair market
value of the shares of Common Stock that would be issued at the Conversion Price
on the date the Note becomes due and payable pursuant to this provision.

         8. PAYMENT OBLIGATION UNCONDITIONAL. No provision of this Note shall
alter or impair the obligation of the Company, which is absolute and
unconditional, to pay the principal of, and interest on, this Note at the time,
place, and rate, and in the coin or currency or shares of Common Stock, herein
prescribed. This Note is a direct obligation of the Company.

         9. NO RECOURSE TO STOCKHOLDERS, ETC. No recourse shall be had for the
payment of the principal of, or the interest on, this Note, or for any claim
based hereon, or otherwise in respect hereof, against any incorporator,
shareholder, employee, officer or director, as such, past, present or future, of
the Company or any successor corporation, whether by virtue of any statute or
rule of law, or by the enforcement of any assessment or penalty or otherwise,
all such liability being, by the acceptance hereof and as part of the
consideration for the issue hereof, expressly waived and released.

         10. NO RIGHTS AS STOCKHOLDER. No provision of this Note shall be
construed as conferring upon the Holder the right to vote or to receive
dividends or to consent or receive notice as a stockholder in respect of any
meeting of stockholders or any rights whatsoever as a stockholder of the
Company, unless and to the extent converted in accordance with the terms hereof.

         11. DEFINITIONS. As used in this Note, the term "Common Stock" shall
mean and include the Company's authorized common stock, $ .001 par value, as
constituted on the

                                      -12-
<PAGE>

issuance date of this Note, and shall also include any capital stock of any
class of the Company thereafter authorized that shall neither be limited to a
fixed sum or percentage of par value in respect of the rights of the holders
thereof to participate in dividends nor entitled to a preference in the
distribution of assets upon the voluntary or involuntary liquidation,
dissolution or winding up of the Company; provided that the shares of Common
Stock receivable upon conversion of this Note shall include only shares
designated as Common Stock of the Company on the issuance date of this Note, or
in case of any reorganization, reclassification, or stock split of the
outstanding shares thereof, the stock, securities or assets provided for in
Sections 3(f) and (g). Any capitalized terms used in this Note but not defined
herein shall have the meanings set forth in the Purchase Agreement.

         12. LOSS, THEFT, DESTRUCTION OF NOTE. Upon receipt of evidence
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Note and, in the case of any such loss, theft or destruction, upon receipt
of indemnity reasonably satisfactory to the Company (which shall not include the
posting of any bond), or, in the case of any such mutilation, upon surrender and
cancellation of this Note, the Company shall make, issue and deliver, in lieu of
such lost, stolen, destroyed or mutilated Note, one or more new Notes of like
tenor. This Note shall be held and owned upon the express condition that the
provisions of this Section 12 are exclusive with respect to the replacement of
mutilated, destroyed, lost or stolen Notes and shall preclude any and all other
rights and remedies notwithstanding any law or statute existing or hereafter
enacted to the contrary with respect to the replacement of negotiable
instruments or other securities without the surrender thereof.

         13. RECORD OWNER. The Company may deem the person in whose name this
Note shall be registered upon the registry books of the Company to be, and may
treat such person as, the absolute owner of this Note for the purpose of
conversion of this Note and for all other purposes, and the Company shall not be
affected by any notice to the contrary. All such payments and such conversion
shall be valid and effective to satisfy and discharge the liability upon this
Note to the extent of the sum or sums so paid or the conversion so made.

         14. REGISTER. The Company shall maintain a transfer agent, which may be
the transfer agent for the Common Stock or the Company itself, for the
registration of Convertible Notes. Upon any transfer of this Note in accordance
with the provisions hereof, the Company shall register or cause the transfer
agent to register such transfer on the Convertible Note register.

         15. REMEDIES, CHARACTERIZATIONS, OTHER OBLIGATIONS, BREACHES AND
INJUNCTIVE RELIEF. The remedies provided in this Note shall be cumulative and in
addition to all other remedies available under this Note, at law or in equity
(including a decree of specific performance and/or other injunctive relief). No
remedy contained herein shall be deemed a waiver of compliance with the
provisions giving rise to such remedy and nothing herein shall limit a Holder's
right to pursue actual damages for any failure by the Company to comply with the
terms of this Note. Amounts set forth or provided for herein with respect to
payments, conversion and the like (and the computation thereof) shall be the
amounts to be received by the Holder hereof and shall not, except as expressly
provided herein, be subject to any other obligation of the Company (or the
performance thereof). The Company acknowledges that a breach by it of its
obligations hereunder will cause irreparable harm to the Holders of this Note
and that the remedy at law for any such breach may be inadequate. The Company
therefore agrees that, in the event of any such breach or threatened breach, the
Holders of this Note shall

                                      -13-
<PAGE>

be entitled, in addition to all other available remedies, to an injunction
restraining any breach, without the necessity of showing economic loss and
without any bond or other security being required.

         16. CONSTRUCTION. This Note shall be deemed to be jointly drafted by
the Company and the initial Holders of the Convertible Notes and shall not be
construed against any person as the drafter hereof.

         17. FAILURE OR INDULGENCE NOT WAIVER. No failure or delay on the part
of the Holder of this Note in the exercise of any power, right or privilege
hereunder shall operate as a waiver thereof (except to the extent that such
power, right or privilege must, in accordance with the terms of this Note, be
exercised within a specified period of time and such period of time has lapsed
without such power, right or privilege being exercised), nor shall any single or
partial exercise of any such power, right or privilege preclude other or further
exercise thereof or of any other right, power or privilege.

         18. GOVERNING LAW. This Note shall be governed by and construed in
accordance with the laws of the State of Delaware. Each of the parties consents
to the jurisdiction of the United States District Court for the Southern
District of New York or the state courts of the State of New York located in New
York City, New York in connection with any dispute arising under this Agreement
and hereby waives, to the maximum extent permitted by law, any objection,
including any objection based on forum non conveniens, to the bringing of any
such proceeding in such jurisdictions.

         IN WITNESS WHEREOF, the Company has caused this instrument to be duly
executed by an officer thereunto duly authorized.

Dated:  __________, 2005                    CDKNET.COM, INC.

                                      By:__________________________________
                                      Name:
                                      Title:

                                      -14-
<PAGE>

                                    EXHIBIT A

                              NOTICE OF CONVERSION
     (To be Executed by the Registered Holder in order to Convert the Note)

         The undersigned hereby irrevocably elects to convert $ ________________
of the principal amount of the above Note No. ___ into shares of Common Stock of
CDKnet.com, Inc. (the "Company") according to the conditions hereof, as of the
date written below.

Date of Conversion ___________________________________________________________

Applicable Conversion Price  _________________________________________________

Accrued Interest______________________________________________________________

Number of shares to be issued:________________________________________________

Signature_____________________________________________________________________
                                        [Name]

Address for delivery of shares or DTC account number for deposit of shares:

______________________________________________________________________________

                                      -15-EXHIBIT 10.2
                                                                    ------------

NEITHER THIS WARRANT NOR THE SHARES ISSUABLE UPON EXERCISE HEREOF HAVE BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT")
OR ANY OTHER APPLICABLE SECURITIES LAWS IN RELIANCE UPON AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND SUCH OTHER SECURITIES LAWS.
NEITHER THIS WARRANT NOR THE SHARES ISSUABLE UPON EXERCISE HEREOF MAY BE SOLD,
PLEDGED, TRANSFERRED, ENCUMBERED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR IN A TRANSACTION
THAT IS EXEMPT FROM REGISTRATION UNDER THE PROVISIONS OF THE SECURITIES ACT.

                             STOCK PURCHASE WARRANT

No. W-___

                To Purchase____________ Shares of Common Stock of

                                CDKNET.COM, INC.

         THIS CERTIFIES that, for value received, __________________ (the
"Holder") is entitled, upon the terms and subject to the conditions hereinafter
set forth, at any time prior to the close of business on June 8, 2008 (the
"Termination Date"), but not thereafter, to subscribe for and purchase from
CDKnet.com, Inc., a corporation incorporated in Delaware (the "Company"), up to
____________________________________ (_________) shares (the "Warrant Shares")
of the common stock, $ .0001 par value, of the Company (the "Common Stock"). The
purchase price of one share of Common Stock (the "Exercise Price") under this
Warrant shall be $0.67. The Exercise Price and the number of shares for which
the Warrant is exercisable shall be subject to adjustment as provided herein. In
the event of any conflict between the terms of this Warrant and the Securities
Purchase Agreement, the Securities Purchase Agreement shall control. Capitalized
terms used and not otherwise defined herein shall have the meanings set forth
for such terms in the Securities Purchase Agreement.

                  1. Title to Warrant. Prior to and subject to compliance with
applicable laws, this Warrant and all rights hereunder are transferable, in
whole or in part, at the office or agency of the Company by the Holder hereof in
person or by duly authorized attorney, upon surrender of this Warrant together
with the Assignment Form annexed hereto properly endorsed.

                  2. Authorization of Shares. The Company covenants that all
shares of Common Stock that may be issued upon the exercise of rights
represented by this Warrant will, upon exercise of the rights represented by
this Warrant, be duly authorized, validly issued, fully-paid and nonassessable
and free from all taxes, liens and charges in respect of the issue thereof
(other than taxes in respect of any transfer occurring contemporaneously with
such issue).

                  3. Exercise of Warrant. Except as provided in Section 4
herein, exercise of the purchase rights represented by this Warrant may be made
at any time or times on or before

                                        1
<PAGE>

the close of business on the Termination Date by the surrender of this Warrant
and the Notice of Exercise form annexed hereto duly executed, at the office of
the Company (or such other office or agency of the Company as it may designate
by notice in writing to the registered Holder hereof at the address of such
Holder appearing on the books of the Company), and upon payment of the Exercise
Price of the Warrant Shares thereby purchased by wire transfer or cashier's
check drawn on a United States bank. The Holder of this Warrant shall be
entitled to receive a certificate for the number of shares of Common Stock so
purchased. If a registration statement for the resale of the shares of Common
Stock issuable upon exercise of this Warrant has not been declared effective by
the Securities and Exchange Commission or is not effective at the time the
Holders exercise this Warrant, or the Company has not made available to the
Holder a prospectus satisfying the requirements of Section 10(a)(3) of the
Securities Act at the time the Holder exercises this Warrant all by the times
and in accordance with the Registration Rights Agreement, this Warrant may also
be exercised in whole or in part by means of a "cashless exercise" by means of
tendering this Warrant to the Company to receive the number of shares of Common
Stock equal in total Market Value (as hereinafter defined) to the difference
between the total Market Value of the shares of Common Stock issuable upon such
exercise of this Warrant and the total cash Exercise Price of that part of the
Warrant being exercised. "Market Value" for this purpose shall be the price for
the last trade of the Common Stock as reported by Bloomberg L.P. on the Trading
Day of such cashless exercise. Certificates for shares purchased hereunder shall
be delivered to the Holder hereof within seven (7) Trading Days after the date
on which this Warrant shall have been exercised as aforesaid. This Warrant shall
be deemed to have been exercised and such certificate or certificates shall be
deemed to have been issued, and Holder or any other person so designated to be
named therein shall be deemed to have become a holder of record of such shares
for all purposes, as of the date the Warrant has been exercised by payment to
the Company of the Exercise Price and all taxes required to be paid by Holder,
if any, pursuant to Section 5 prior to the issuance of such shares, have been
paid. If this Warrant shall have been exercised in part, the Company shall, at
the time of delivery of the certificate or certificates representing Warrant
Shares, deliver to Holder a new Warrant evidencing the rights of Holder to
purchase the unpurchased shares of Common Stock called for by this Warrant;
which new Warrant shall in all other respects be identical with this Warrant.

         The Holder is granted all of the rights to registration with the
Securities and Exchange Commission and qualification in the states of the
Warrants Shares set forth in the Securities Purchase Agreement.

                  4. No Fractional Shares or Scrip. No fractional shares or
scrip representing fractional shares shall be issued upon the exercise of this
Warrant. As to any fraction of a share that Holder would otherwise be entitled
to purchase upon such exercise, the Company shall cause the Transfer Agent to
issue one whole share of Common Stock in respect of such fraction of a share of
Common Stock.

                  5. Charges, Taxes and Expenses. Issuance of certificates for
shares of Common Stock upon the exercise of this Warrant shall be made without
charge to the Holder hereof for any issue or transfer tax or other incidental
expense in respect of the issuance of such certificate, all of which taxes and
expenses shall be paid by the Company, and such certificates shall be issued in
the name of the Holder of this Warrant or in such name or names as may be

                                        2
<PAGE>

directed by the Holder of this Warrant; provided, however, that in the event
certificates for shares of Common Stock are to be issued in a name other than
the name of the Holder of this Warrant, this Warrant when surrendered for
exercise shall be accompanied by the Assignment Form attached hereto duly
executed by the Holder hereof; and the Company may require, as a condition
thereto, the payment of a sum sufficient to reimburse it for any transfer tax
incidental thereto.

                  6. Closing of Books. The Company will not close its
shareholder books or records in any manner that prevents the timely exercise of
this Warrant.

                  7. Transfer, Division and Combination. (a) Subject to
compliance with any applicable securities laws, transfer of this Warrant and all
rights hereunder, in whole or in part, shall be registered on the books of the
Company to be maintained for such purpose, upon surrender of this Warrant at the
principal office of the Company, together with a written assignment of this
Warrant substantially in the form attached hereto duly executed by Holder or its
agent or attorney, and payment of funds sufficient to pay any transfer taxes
payable upon the making of such transfer. Upon such surrender and, if required,
such payment, the Company shall execute and deliver a new Warrant or Warrants in
the name of the assignee or assignees and in the denomination or denominations
specified in such instrument of assignment, and shall issue to the assignor a
new Warrant evidencing the portion of this Warrant not so assigned, and this
Warrant shall promptly be cancelled. A Warrant, if properly assigned, may be
exercised by a new Holder for the purchase of shares of Common Stock without
having a new Warrant issued.

                           (b) This Warrant may be divided or combined with
other Warrants upon presentation hereof at the aforesaid office of the Company,
together with a written notice specifying the names and denominations in which
new Warrants are to be issued, signed by Holder or its agent or attorney.
Subject to compliance with Section 7(a), as to any transfer that may be involved
in such division or combination, the Company shall execute and deliver a new
Warrant or Warrants in exchange for the Warrant or Warrants to be divided or
combined in accordance with such notice.

                           (c) The Company shall prepare, issue and deliver at
its own expense (other than transfer taxes) the new Warrant or Warrants under
this Section 7.

                           (d) The Company agrees to maintain, at its aforesaid
office, books for the registration and the registration of transfer of the
Warrants.

                  8. No Rights as Shareholder until Exercise. This Warrant does
not entitle the Holder hereof to any voting rights or other rights as a
shareholder of the Company prior to the exercise hereof. Upon the surrender of
this Warrant and the payment of the aggregate Exercise Price, the Warrant Shares
so purchased shall be and be deemed to be issued to such Holder as the record
owner of such shares as of the close of business on the later of the date of
such surrender or payment.

                  9. Loss, Theft, Destruction or Mutilation of Warrant. The
Company covenants that upon receipt by the Company of evidence reasonably
satisfactory to it of the loss,

                                        3
<PAGE>

theft, destruction or mutilation of this Warrant certificate or any stock
certificate relating to the Warrant Shares, and in case of loss, theft or
destruction, of indemnity or security reasonably satisfactory to it (which shall
not include the posting of any bond), and upon surrender and cancellation of
such Warrant or stock certificate, if mutilated, the Company will make and
deliver a new Warrant or stock certificate of like tenor and dated as of such
cancellation, in lieu of such Warrant or stock certificate.

                  10. Saturdays, Sundays, Holidays, etc. If the last or
appointed day for the taking of any action or the expiration of any right
required or granted herein shall be a Saturday, Sunday or a legal holiday, then
such action may be taken or such right may be exercised on the next succeeding
day not a Saturday, Sunday or legal holiday.

                  11. Adjustments of Exercise Price and Number of Warrant
Shares.

                           The number and kind of securities purchasable upon
the exercise of this Warrant and the Exercise Price shall be subject to
adjustment from time to time upon the happening of any of the following.

                           (a) Reorganization, Reclassification, Merger,
Consolidation or Disposition of Assets. In case the Company shall reorganize its
capital, reclassify its capital stock, consolidate or merge with or into another
corporation (where the Company is not the surviving corporation or where there
is a change in or distribution with respect to the Common Stock of the Company),
or sell, transfer or otherwise dispose of all or substantially all its property,
assets or business to another corporation and, pursuant to the terms of such
reorganization, reclassification, merger, consolidation or disposition of
assets, shares of common stock of the successor or acquiring corporation, or any
cash, shares of stock or other securities or property of any nature whatsoever
(including warrants or other subscription or purchase rights) in addition to or
in lieu of common stock of the successor or acquiring corporation ("Other
Property"), are to be received by or distributed to the holders of Common Stock
of the Company, then Holder shall have the right thereafter to receive, upon
exercise of this Warrant, the number of shares of common stock of the successor
or acquiring corporation or of the Company, if it is the surviving corporation,
and Other Property receivable upon or as a result of such reorganization,
reclassification, merger, consolidation or disposition of assets by a holder of
the number of shares of Common Stock for which this Warrant is exercisable
immediately prior to such event. In case of any such reorganization,
reclassification, merger, consolidation or disposition of assets, the successor
or acquiring corporation (if other than the Company) shall expressly assume the
due and punctual observance and performance of each and every covenant and
condition of this Warrant to be performed and observed by the Company and all
the obligations and liabilities hereunder, subject to such modifications as may
be deemed appropriate (as determined in good faith by resolution of the Board of
Directors of the Company) in order to provide for adjustments of shares of
Common Stock for which this Warrant is exercisable which shall be as nearly
equivalent as practicable to the adjustments provided for in this Section 11.
For purposes of this Section 11, "common stock of the successor or acquiring
corporation" shall include stock of such corporation of any class which is not
preferred as to dividends or assets over any other class of stock of such
corporation and which is not subject to redemption and shall also include any
evidences of indebtedness, shares of stock or other securities which are

                                        4
<PAGE>

convertible into or exchangeable for any such stock, either immediately or upon
the arrival of a specified date or the happening of a specified event and any
warrants or other rights to subscribe for or purchase any such stock. The
foregoing provisions of this Section 11 shall similarly apply to successive
reorganizations, reclassifications, mergers, consolidations or disposition of
assets.

                  12. Voluntary Adjustment by the Company. The Company may at
any time during the term of this Warrant, reduce the then current Exercise Price
to any amount and for any period of time deemed appropriate by the Board of
Directors of the Company.

                  13. Notice of Adjustment. Whenever the number of Warrant
Shares or number or kind of securities or other property purchasable upon the
exercise of this Warrant or the Exercise Price is adjusted, as herein provided,
the Company shall promptly mail by registered or certified mail, return receipt
requested, to the Holder of this Warrant notice of such adjustment or
adjustments setting forth the number of Warrant Shares (and other securities or
property) purchasable upon the exercise of this Warrant and the Exercise Price
of such Warrant Shares (and other securities or property) after such adjustment,
setting forth a brief statement of the facts requiring such adjustment and
setting forth the computation by which such adjustment was made. Such notice, in
the absence of manifest error, shall be conclusive evidence of the correctness
of such adjustment.

                  14. Notice of Corporate Action. If at any time:

                           (i) the Company shall take a record of the holders of
its Common Stock for the purpose of entitling them to receive a dividend or
other distribution, or any right to subscribe for or purchase any evidences of
its indebtedness, any shares of stock of any class or any other securities or
property, or to receive any other right, or

                           (ii) there shall be any capital reorganization of the
Company, any reclassification or recapitalization of the capital stock of the
Company or any consolidation or merger of the Company with, or any sale,
transfer or other disposition of all or substantially all the property, assets
or business of the Company to, another corporation or,

                           (iii) there shall be a voluntary or involuntary
dissolution, liquidation or winding up of the Company;

then, in any one or more of such cases, the Company shall give to Holder (i) at
least 10 days' prior written notice of the date on which a record date shall be
selected for such dividend, distribution or right or for determining rights to
vote in respect of any such reorganization, reclassification, merger,
consolidation, sale, transfer, disposition, liquidation or winding up, and (ii)
in the case of any such reorganization, reclassification, merger, consolidation,
sale, transfer, disposition, dissolution, liquidation or winding up, at least 10
days' prior written notice of the date when the same shall take place. Such
notice in accordance with the foregoing clause also shall specify (i) the date
on which any such record is to be taken for the purpose of such dividend,
distribution or right, the date on which the holders of Common Stock shall be
entitled to any such dividend, distribution or right, and the amount and
character thereof, and (ii) the date on which any such reorganization,
reclassification, merger, consolidation, sale, transfer,

                                        5
<PAGE>

disposition, dissolution, liquidation or winding up is to take place and the
time, if any such time is to be fixed, as of which the holders of Common Stock
shall be entitled to exchange their shares of Common Stock for securities or
other property deliverable upon such disposition, dissolution, liquidation or
winding up. Each such written notice shall be sufficiently given if addressed to
Holder at the last address of Holder appearing on the books of the Company and
delivered in accordance with Section 16(d).

                  15. Authorized Shares.

                           (a) The Company covenants that during the period the
Warrant is outstanding, it will reserve from its authorized and unissued Common
Stock a sufficient number of shares to provide for the issuance of the Warrant
Shares upon the exercise of any purchase rights under this Warrant. The Company
further covenants that its issuance of this Warrant shall constitute full
authority to its officers who are charged with the duty of executing stock
certificates to execute and issue the necessary certificates for the Warrant
Shares upon the exercise of the purchase rights under this Warrant. The Company
will take all such reasonable action as may be necessary to assure that such
Warrant Shares may be issued as provided herein without violation of any
applicable law or regulation, or of any requirements of the Principal Market
upon which the Common Stock may be listed.

                           (b) The Company shall not by any action, including,
without limitation, amending its certificate of incorporation or through any
reorganization, transfer of assets, consolidation, merger, dissolution, issue or
sale of securities or any other voluntary action, avoid or seek to avoid the
observance or performance of any of the terms of this Warrant, but will at all
times in good faith assist in the carrying out of all such terms and in the
taking of all such actions as may be necessary or appropriate to protect the
rights of Holder against impairment. Without limiting the generality of the
foregoing, the Company will (i) not increase the par value of any shares of
Common Stock receivable upon the exercise of this Warrant above the amount
payable therefor upon such exercise immediately prior to such increase in par
value, (ii) take all such action as may be necessary or appropriate in order
that the Company may validly and legally issue fully paid and nonassessable
shares of Common Stock upon the exercise of this Warrant, and (iii) use its best
efforts to obtain all such authorizations, exemptions or consents from any
public regulatory body having jurisdiction thereof as may be necessary to enable
the Company to perform its obligations under this Warrant.

                           (c) Upon the request of Holder, the Company will at
any time during the period this Warrant is outstanding acknowledge in writing,
in form reasonably satisfactory to Holder, the continuing validity of this
Warrant and the obligations of the Company hereunder.

                           (d) Before taking any action pursuant to Section 11
or 12 that would cause an adjustment reducing the current Exercise Price below
the then par value, if any, of the shares of Common Stock issuable upon exercise
of the Warrants, the Company shall take any corporate action that may be
necessary in order that the Company may validly and legally issue fully- paid
and nonassessable shares of such Common Stock at such adjusted Exercise Price.

                                        6
<PAGE>

                           (e) Before taking any action that would result in an
adjustment in the Exercise Price, the Company shall obtain all such
authorizations or exemptions thereof, or consents thereto, as may be necessary
from any public regulatory body or bodies having jurisdiction thereof.

                  16.      Miscellaneous.

                           (a) Jurisdiction. This Warrant shall be binding upon
any successors or assigns of the Company. This Warrant shall constitute a
contract under the laws of the State of Delaware without regard to its conflict
of law principles or rules.

                           (b) Restrictions. The Holder hereof acknowledges that
the Warrant Shares acquired upon the exercise of this Warrant, if not
registered, will have restrictions upon resale imposed by state and Federal
securities laws.

                           (c) Nonwaiver and Expenses. No course of dealing or
any delay or failure to exercise any right hereunder on the part of Holder shall
operate as a waiver of such right or otherwise prejudice Holder's rights, powers
or remedies; notwithstanding which all rights hereunder terminate on the
Termination Date. If the Company fails to comply with any provision of this
Warrant, the Company shall pay to Holder such amounts as shall be sufficient to
cover any costs and expenses including, but not limited to, reasonable
attorneys' fees, including those of appellate proceedings, incurred by Holder in
collecting any amounts due pursuant hereto or in otherwise enforcing any of its
rights, powers or remedies hereunder.

                           (d) Notices. Any notice, request or other document
required or permitted to be given or delivered to the Holder hereof by the
Company shall be delivered in accordance with the notice provisions of the
Securities Purchase Agreement.

                           (e) Limitation of Liability. No provision hereof, in
the absence of affirmative action by Holder to purchase shares of Common Stock,
and no enumeration herein of the rights or privileges of Holder hereof, shall
give rise to any liability of Holder for the purchase price of any Common Stock
or as a stockholder of the Company, whether such liability is asserted by the
Company or by creditors of the Company.

                           (f) Remedies. Holder, in addition to being entitled
to exercise all rights granted by law, including recovery of damages, will be
entitled to specific performance of its rights under this Warrant. The Company
agrees that monetary damages would not be adequate compensation for any loss
incurred by reason of a breach by it of the provisions of this Warrant and
hereby agrees to waive the defense in any action for specific performance that a
remedy at law would be adequate.

                           (g) Successors and Assigns. Subject to applicable
securities laws, this Warrant and the rights and obligations evidenced hereby
shall inure to the benefit of and be binding upon the successors of the Company
and the successors and permitted assigns of Holder. The provisions of this
Warrant are intended to be for the benefit of all Holders from time to time of
this Warrant and shall be enforceable by any such Holder or holder of Warrant
Shares.

                                        7
<PAGE>

                           (h) Indemnification. The Company agrees to indemnify
and hold harmless Holder from and against any liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, claims, costs, attorneys' fees,
expenses and disbursements of any kind that may be imposed upon, incurred by or
asserted against Holder in any manner relating to or arising out of any failure
by the Company to perform or observe in any material respect any of its
covenants, agreements, undertakings or obligations set forth in this Warrant;
provided, however, that the Company will not be liable hereunder to the extent
that any liabilities, obligations, losses, damages, penalties, actions,
judgments, suits, claims, costs, attorneys' fees, expenses or disbursements are
found in a final non-appealable judgment by a court to have resulted from
Holder's negligence, bad faith or willful misconduct in its capacity as a
stockholder or warrantholder of the Company.

                           (i) Amendment. This Warrant may be modified or
amended or the provisions hereof waived with the written consent of the Company
and the Holder.

                           (j) Severability. Wherever possible, each provision
of this Warrant shall be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Warrant shall be prohibited
by or invalid under applicable law, such provision shall be ineffective to the
extent of such prohibition or invalidity, without invalidating the remainder of
such provisions or the remaining provisions of this Warrant.

                           (k) Headings. The headings used in this Warrant are
for the convenience of reference only and shall not, for any purpose, be deemed
a part of this Warrant.

                  IN WITNESS WHEREOF, the Company has caused this Warrant to be
executed by its officer thereunto duly authorized.

Dated:  March ___, 2005
                                            CDKNET.COM, INC.

                                            By:_____________________________
                                                  Name:
                                                           Title:

ATTEST:

----------------------
Secretary

                                        8
<PAGE>

                               NOTICE OF EXERCISE

To: CDKnet.com, Inc.

                  (1) The undersigned hereby elects to purchase ________ shares
of Common Stock (the "Common Stock") of CDKnet.com, Inc., pursuant to the terms
of the attached Warrant, and [ ] tenders herewith payment of the exercise price
in full OR [ ] tenders the Warrant for cashless exercise, together with all
applicable transfer taxes, if any.

                  (2) Calculation of cashless exercise value, if applicable:
________________________________________________________________________________
___________________________________.

                  (3) Please issue a certificate or certificates representing
said shares of Common Stock in the name of the undersigned or in such other name
as is specified below:

                                    -------------------------------
                                    (Name)

                                    -------------------------------
                                    (Address)

                                    -------------------------------

Dated:

                                              ------------------------------
                                              Signature

                                        9
<PAGE>

                                 ASSIGNMENT FORM

                    (To assign the foregoing Warrant, execute
                   this form and supply required information.
                 Do not use this form to exercise the Warrant.)

                           FOR VALUE RECEIVED, the foregoing Warrant and all
rights evidenced thereby are hereby assigned to

_______________________________________________ whose address is

_______________________________________________________________.

_______________________________________________________________

                                                 Dated:  ______________, _______

                           Holder's Signature: _________________________________

                           Holder's Address: ___________________________________

                                             ___________________________________

Signature Guaranteed:  ___________________________________________

NOTE: The signature to this Assignment Form must correspond with the name as it
appears on the face of the Warrant, without alteration or enlargement or any
change whatsoever, and must be guaranteed by a bank or trust company. Officers
of corporations and those acting in a fiduciary or other representative capacity
should file proper evidence of authority to assign the foregoing Warrant.

                                       10

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