Document:

ASSET
PURCHASE AGREEMENT

This Asset Purchase Agreement (this
‘‘Agreement’’) is made as of
the 5th day of February, 2007, by and among TriSoft Media,
Inc., a Florida corporation
(‘‘TriSoft’’) AudioStreet,
Inc. a Florida corporation
(‘‘AudioStreet’’)
(collectively the
‘‘Sellers’’), Cary Bartlett
(‘‘Bartlett’’), Joe Raio
(‘‘Raio’’), Miguel Rengifo
(‘‘Rengifo’’) and Jason Rodman
(‘‘Rodman’’) (Bartlett, Raio, Rengifo and
Rodman being referred to collectively as the ‘‘Seller
Principals’’) and Ckrush Digital Media, Inc., a Delaware
corporation
(‘‘Buyer’’).

WHEREAS,
Buyer desires to purchase from Sellers, and Sellers desire to sell to
Buyer, assets described more particularly below, upon the terms and
conditions hereinafter set forth; and

WHEREAS, Michael Brauser
(the ‘‘Seller’s Agent’’) has
assisted the Sellers and the Seller Principals in the negotiation of
the transactions contemplated by this Agreement and shall participate
in the receipt of the Purchase Price payable to the Seller as set forth
in this Agreement.

NOW THEREFORE, in consideration of the
foregoing, and the mutual covenants and promises contained herein, the
receipt and sufficiency of which is hereby acknowledged, the parties
hereto agree as follows:

ARTICLE I
SALE AND PURCHASE OF
ASSETS

1.01    Purchase and Sale. At the Closing,
subject to the terms and conditions hereinafter set forth, Sellers
agree to sell to Buyer, and Buyer agrees to purchase from Sellers, free
and clear of any liabilities, obligations, adverse claims, security
interests, liens and encumbrances, all of Sellers’ right, title
and interest in and to all of the assets related to its website design,
development, hosting, advertising and media placement business (the
‘‘Business’’) (collectively,
the ‘‘Assets’’), including,
without limitation, the
following:

a)    AudioStreet.Net. The
Internet domain name AudioStreet.net, all registrations of the domain
name AudioStreet.net, all of the subdomain names related to
AudioStreet.net, all domain names registered by Sellers related to
AudioStreet.net, and all rights to listings or keyword associations in
any Internet search engines or directories associated with the domain
name AudioStreet.net (collectively the
‘‘AudioStreet Domain
Name’’), and all Web Site Materials created or
acquired by or for Sellers related to the Business and associated with,
or located at or under, the AudioStreet Domain Name (collectively, the
‘‘AudioStreet Web Site’’),
all as more particularly set forth on Schedule 1.01 (a).

b)    MixStreet.Net. The Internet domain name
MixStreet.net, all registrations of the domain name MixStreet.net, all
of the subdomain names related to MixStreet.net, all domain names
registered by Sellers related to MixStreet.net, and all rights to
listings or keyword associations in any Internet search engines or
directories associated with the domain name MixStreet.net (collectively
the ‘‘MixStreet Domain
Name’’). All Web Site Materials created or
acquired by or for Sellers related to the Business and associated with,
or located at or under, the MixStreet Domain Name (collectively, the
‘‘MixStreet Web Site’’), all
as more particularly set forth on Schedule 1.01 (b).

For purposes of this Agreement, the term
‘‘Web Site Materials’’
includes, without limitation: (i) web pages, support files and related
information and data associated with the applicable Web Site;
(ii)  any and all text, graphics, HTML or similar code, applets,
scripts, programs, databases, source code, object code, templates,
forms, image maps, documentation, audio files, video files, log files
or customer data; (iii) all copyrights, copyright registrations,
copyright applications, trade secrets, publicity rights and know-how;
(iv) all content that has appeared in any past or present editions of
the applicable Web Site, whether archived on the applicable Web Site or
otherwise; and (v) the operation, concepts, look and feel of the
applicable Web Site.

c)    Domain Names. All
domain names registered by Sellers related to the Business, all domain
name registrations related to the Business, all rights to listings or
keyword associations in any Internet search engines or directories, all
Web Site Materials created or acquired by or for Sellers related to the
Business, regardless of whether currently used all of which are listed
on Schedule 1.1 (c) to this Agreement.

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d)    Furniture, Fixtures
and Equipment. All fixtures, furniture, equipment, machinery,
materials, tools, apparatus, and other tangible personal property of
every kind, character, and description used in connection with the
Business, which are set forth on Schedule 1.1(d) attached
hereto and made a part hereof (collectively, the
‘‘Equipment’’);

e)    Computer Equipment. All of
Sellers’ computer equipment, software, software licenses and
hardware, including without limitation, all central processing units,
terminals, disk drives, tape drives, electronic memory units, website
hookups, modem lines, DSL lines owned by Sellers and used in connection
with the Business to the extent that same currently exists and is
legally transferable, as set forth on Schedule 1.1(e)
(collectively, ‘‘Computer
Equipment’’);

f)    Customer
Data. All lists and data of clients and customers of the Business
(‘‘Customers’’), all lists
and data of web site visitors and/or users, all membership lists, all
vendor lists and vendor data, all supplier lists and supplier data, all
files, records, documents, written and recorded materials, all sales
and promotional material and other sales related material relating to
the Business (collectively, the ‘‘Customer
Data’’);

g)    Intellectual
Property. All of Sellers’ intellectual property relating to
the Business, including but not limited to, (i) all fictitious business
names, tradenames, registered and unregistered trademarks, service
marks and related applications, (ii) patents, patent rights and
patent applications, (iii) registered and unregistered
copyrights in published and material unpublished works, computer
programs and software, (iv) proprietary formulae, trade secrets,
formulations, and inventions, and (v) contracts to which either
TriSoft or AudioStreet is a party or by which either TriSoft or
AudioStreet is bound relating to any of the foregoing or to know-how,
software, technical information, process technology, plans, drawings
and blue prints (collectively the ‘‘Intellectual
Property’’).

h)    Contracts.
All right, title and interest of Sellers in, to an under the contracts,
equipment leases, vehicle leases, computer equipment leases and
agreements relating to the Business, and all rights, privileges,
deposits, claims, causes of action and options in favor of Sellers
relating or pertaining to all of the foregoing (collectively, the
‘‘Contracts’’), all as
listed on Schedule 1.01
(h);

i)    Lease. All right, title and
interest of Sellers in the written lease (the
‘‘Lease’’) covering the
premises leased by Sellers at 134 NW 16th Street, Suite 3,
Boca Raton, Florida 33432 (the
‘‘Premises’’), a true copy
of which is annexed hereto as Schedule 1.1(h) and made a part
hereof, along with the consent of the landlord under the Lease to the
assignment of the Lease;

j)    Accounts
Receivable. All of the accounts receivables related to the
Business (the ‘‘Accounts
Receivable’’) as of the Closing Date, as set
forth on Schedule 3.08 as of the date of this Agreement, which
Schedule will be updated on and as of the Closing
Date;

k)    Work in Process. All work in
process as of the Closing Date, as set forth on Schedule
1.1  (k);

l)    Cash and Cash
Equivalents. All cash and cash equivalents related to the Business
held by Sellers at the Closing by a a credit in favor of the Buyer
against the cash portion of the Purchase Price as provided in Section
1.03 of this Agreement; and

m)    Goodwill.
All goodwill associated with, and the going concern value of, the
Business (the
‘‘Goodwill’’).

1.02    No
Assumption of Liabilities. Except for the assumption of
Sellers’ obligations under the Lease assigned in accordance with
Section 1.01(h), Buyer is acquiring the Assets hereunder
without any assumption of Sellers’ debts, obligations,
liabilities, or commitments, whether accrued now or hereafter, whether
fixed or contingent, or whether known or unknown. Sellers will cause
any existing liens on the Assets to be released at or prior to the
Closing.

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1.03    Consideration. The
consideration for the Assets is (i) Six Hundred Thousand Dollars
($600,000) payable to the Sellers at Closing by wire transfer of
immediately available funds, (ii) four million (4,000,000) shares of
the common stock of Buyer’s corporate parent, Ckrush, Inc. (the
‘‘Ckrush Stock’’) to be
issued to the Sellers’ Principals and the Sellers’ Agent
as set forth below and (iii) the assumption of the Lease (collectively
the ‘‘Purchase Price’’). The
Ckrush Stock shall be issued to the
following:

				
	Bartlett			800,000
shares
	Raio			800,000
shares
	Rengifo			800,000
shares
	Rodman			600,000
shares
	Sellers’
Agent    			1,000,000
shares
	

1.04    Sale of
AudioStreet.Net. In the event Buyer sells the AudioStreet Domain
Name and AudioStreet Web Site to a person not a party to this
Agreement, not in conjunction with the sale of other assets owned by
Buyer or its Affiliates (the ‘‘Subsequent
Sale’’), then Buyer shall pay Sellers an amount
equal to five percent (5%) of Buyer’s Net Profit on the
Subsequent Sale, payable as and in the manner received by Buyer. For
the purposes of this Agreement, Net Profit shall be an amount equal to
the purchase price of the Subsequent Sale less the amount allocated to
the purchase of the AudioStreet Domain Name and AudioStreet Web Site on
Schedule 1.05.

1.05    Allocation. The
Purchase Price shall be allocated in accordance with Schedule
1.05. After the Closing, the parties shall make consistent use of
the allocation, fair market value and useful lives specified in
Schedule 1.05 for all tax purposes and in all filings,
declarations and reports with the IRS in respect thereof, including the
reports required to be filed under Section 1060 of the Internal Revenue
Code (the ‘‘Code’’). Buyer
shall prepare and deliver Form 8594 to Sellers within forty-five (45)
days after the Closing to be filed with the IRS, and such form shall be
satisfactory in form and content to the Sellers in their reasonable
judgment. In any proceeding related to the determination of any Tax,
neither Buyer nor Sellers shall contend or represent that such
allocation is not a correct allocation.

1.06    Closing. The purchase and sale contemplated by
this Agreement (the
‘‘Closing’’) shall
take place at the offices of Greenbaum, Rowe, Smith & Davis LLP, 99
Wood Avenue South, Woodbridge, New Jerey 07095 simultaneously with the
execution and delivery of this Agreement.

1.07    Sellers’ Closing Obligations. At or
before the Closing, in addition to the other actions contemplated
elsewhere herein, Sellers shall deliver to Buyer the
following:

a)    a bill of sale, duly executed by
Sellers conveying to Buyer all of Sellers’ right, title and
interest in, to and under all of the tangible and intangible personal
property included among the Assets, duly executed by Sellers (the
‘‘Bill of
Sale’’);

b)    an assignment
and assumption agreement, duly executed by Sellers (the
‘‘Assignment and Assumption
Agreement’’) relating to the
Contracts;

c)    the Employment Agreements pursuant
to Section 2.01 hereof, duly executed by Seller
Principals;

d)    the appropriate documentation
authorizing transfer of all of the domain names related to the Business
and listed on Schedule 1.01 (c), including but not limited to the
AudioStreet Domain Name and the MixStreet Domain Name, as required by
the registrars of such names;

e)    certificates of
amendment to the certificates of incorporation of each Seller changing
their names to names that are not similar with their current names;

f)    the source codes for all software included within
the Assets;

g)    a tax clearance certificate from
the State of Florida confirming the payment of all income, sales,
employee withholding and other taxes imposed upon the Sellers;

h)    copies of the resolutions of the shareholders and
boards of directors of the Sellers authorizing the transactions
contemplated by this Agreement; and

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i)    such other documents and
instruments as Buyer may reasonably request to effectuate or evidence
the transactions contemplated by this
Agreement.

1.08    Buyer’s Closing
Obligations. At or before the Closing, in addition to the other
actions contemplated elsewhere herein, Buyer shall deliver, or shall
cause to be delivered, to Sellers the
following:

a)    the Purchase Price, consisting of
both the cash portion and the certificates representing the shares of
Ckrush Stock;

b)    the Assignment and Assumption
Agreement, duly executed by Buyer;

c)    the
Employment Agreements, duly executed by Buyer;

d)    resolutions of the Board of Directors and sole
stockholder of the Buyer aouthorizing the execution, delivery and
performance of this Agreement by Buyer;
and

e)    such other documents and instruments as
Sellers may reasonably request to effectuate or evidence the
transactions contemplated by this Agreement.

ARTICLE II

OTHER AGREEMENTS AND
COVENANTS

2.01    Non-Competition. Each of the
Sellers and the Seller Prinicpals hereby agree not to engage in the
business of designing or programming social network websites
specializing in music, for a period of two (2) years following the
Closing, anywhere in the United States, except in the cases of
Bartlett, Raio and Rengifo, as employees of the Buyer.

2.02    Employment Agreements. At the Closing, Buyer
shall enter into employment agreements with Bartlett, Raio and Rengifo
in the form set forth on Exhibit A, attached hereto and made a
part hereof (the ‘‘Employment
Agreements’’).

2.03    Financial
Statements. The Sellers and Sellers’ Principals acknowledge
that, as a reporting company under the Securities Exchange Act of 1934,
as amended, the parent corporation of the Buyer will have reporting
obligations to the Securities and Exchange Commision with respect to
the transactions contemplated by this Agreement, including without
limitation concerning the financial statements of the Sellers. The
Sellers and Sellers’ Principals therefore agree to cooperate on
a timely basis with all reasonable requests made by the Buyer with
respect to such obligations, including without limitation the execution
and delivery of representation letters to the accountants for Ckrush,
Inc.

2.04    Rights to Software. Within thirty (30)
days following the Closing Date, each Seller will obtain from each
customer for which at any time such Seller designed or developed a
website written confirmation that the intellectual property created by
the Seller in the course of its engagement by such customer was and
remained at all times the sole and exclusive property of such
Seller.

ARTICLE III
REPRESENTATIONS AND WARRANTIES OF
SELLERS

TriSoft and AudioStreet jointly and severally hereby
represent and warrant the following to Buyer as an inducement to enter
into and perform Buyer’s obligations under this Agreement:

3.01    Corporate Organization — TriSoft.
Schedule 3.01 contains a complete and accurate list of
TriSoft’s jurisdiction of incorporation and any other
jurisdictions in which it is qualified to do business. TriSoft is a
corporation duly formed, validly existing and in good standing under
the laws of its jurisdiction of incorporation, with full corporate
power and authority to own or use the Assets, to conduct the Business
as now being conducted, and to perform its obligations under the
Contracts to which it is a party. TriSoft is duly qualified to do
business as a foreign corporation and is in good standing under the
laws of each state or other jurisdiction in which the ownership or use
of the properties owned or used by it, or the nature of the activities
conducted by it, requires such qualification or license.

3.02    Corporate Organization — AudioStreet.
Schedule 3.02 contains a complete and accurate list of
AudioStreet’s jurisdiction of incorporation and any other
jurisdictions in which it is qualified to do 

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business. AudioStreet is a corporation duly
formed, validly existing and in good standing under the laws of its
jurisdiction of incorporation, with full corporate power and authority
to own or use the Assets, to conduct the Business as now being
conducted, and to perform its obligations under the Contracts to which
it is a party. AudioStreet is duly qualified to do business as a
foreign corporation and is in good standing under the laws of each
state or other jurisdiction in which the ownership or use of the
properties owned or used by it, or the nature of the activities
conducted by it, requires such qualification or license.

3.03    Power and Authorization. This Agreement has
been duly and validly executed and delivered by Sellers and assuming
due execution by Buyer constitutes the legal, valid and binding
obligation of Sellers, enforceable against Sellers in accordance with
its terms. Sellers have full legal right, power and authority to
execute, deliver and perform its obligations under this Agreement and
under all other agreements and documents required to be delivered by it
prior to or at the Closing (collectively, the
‘‘Sellers Transaction
Documents’’). The execution, delivery and
performance by Sellers of the Sellers Transaction Documents has been
duly authorized by all necessary corporate action on the part of
Sellers. When executed and delivered as contemplated herein, each of
the Sellers Transaction Documents shall constitute the legal, valid and
binding obligations of Sellers, enforceable against Sellers in
accordance with its terms.

3.04    No Conflicts.
Except as set forth on Schedule 3.04, neither the execution
and delivery of this Agreement nor the consummation or performance of
any of the Seller Transaction Documents will, directly or indirectly,
with or without notice or lapse of time:

a)    cause
Buyer to become subject to, or to become liable for the payment of, any
Tax;

b)    breach any provision of, or give any
Person the right to declare a default or exercise any remedy under, or
to accelerate the maturity or performance of, or payment under, or to
cancel, terminate or modify, any Contract;
or

c)    result in the imposition or creation of any
Encumbrance upon or with respect to any of the Assets.

For
purposes of this Agreement, the term
‘‘Encumbrance’’ shall mean
any lien, mortgage, security interest, charge or other encumbrance upon
or with respect to any of the properties, assets, whether now owned or
hereafter acquired and the term
‘‘Person’’ shall mean any
person, entity or governmental
authority.

3.05    Assets.

(a)    Sellers
have good and valid title to, at the Closing will have good and valid
title to, or hold by valid and existing lease or license, all the
Assets free and clear of all Encumbrances.

(b)    All the Assets are in good usable, saleable,
operating or merchantable condition, as
applicable.

(c)    No licenses or other consents
from, or payments to, any other person, entity or governmental
authority are or will be necessary the continued operation of the
Business and use of the Assets in the manner in which Sellers have
operated the same, and no such person, entity or authority has made any
claim to the contrary, except for licenses and consents already
obtained by Sellers. No person or entity other than Sellers have any
right or interest in any of the Assets, including the right to grant
interests in the Assets to third parties.

(d)    No
restrictions exist on Sellers’ right to sell, resell, license or
sublicense any of the Assets or engage in the Business, nor will any
such restrictions be imposed on Buyer as a consequence of the
transactions contemplated by this
Agreement.

(e)    The Assets (i) constitute all of
the assets, tangible and intangible, of any nature whatsoever,
necessary to operate the Business in the manner presently operated by
Sellers and (ii) include all of the operating assets related to the
Business.

3.06    Intellectual Property.

a)    Schedule 3.06(a) lists all the
Intellectual Property owned by Sellers included within the Assets.
Sellers have good and valid title to all of the Intellectual Property
identified on Schedule 3.06(a), free and clear of any
Encumbrances.

5

b)    Schedule 3.06(b)
lists all Intellectual Property that is owned by any other Person, is
licensed to or used by Sellers and related to the Business and
identifies the license agreement or other agreement under which such
Intellectual Property asset is being licensed to or used by the Sellers
(collectively, the ‘‘License
Agreements’’). Sellers have a valid right to use
and otherwise exploit, and to license to others to use and otherwise
exploit, all Intellectual Property listed on Schedule 3.06(b). Except
as set forth on Schedule 3.06(b), Sellers are not obligated to make any
payment to any Person for the use or other exploitation of any
Intellectual Property included within the Assets.

c)    Except as set forth in Schedule 3.06(c),
(i) the consummation of the transactions contemplated by this Agreement
will not materially impair any right to own or use the Intellectual
Property or the License Agreements, (ii) all the License Agreements are
valid, no condition exists or event has occurred which with notice or
lapse of time would constitute a default thereunder or a basis for
delay, nonperformance, termination, modification or acceleration of
maturity or performance by any party thereto, and no third party has
notified Sellers in writing of a default or breach under any License
Agreement, (iii) Sellers have not received any notice of any claims by
any Person to the use of any of the Intellectual Property, or
challenging or questioning the validity or effectiveness of any of the
License Agreements, (iv) no other Person is interfering with,
infringing upon, misappropriating or otherwise coming into conflict
with any of the Intellectual Property, and (v) no Person has any valid
right, claim or interest in or with respect to any Intellectual
Property or License Agreements.

3.07    Books and
Records; Financial Statements. All the books and records of the
Sellers relating to the Assets or the Business, including all personnel
files, all sales reports, employee data, and other materials relating
to employees of the Business which have been furnished by Sellers to
Buyer are complete and correct in all material respects and have been
maintained in accordance with all applicable laws. Such books and
records fairly and accurately reflect, in reasonable detail, all
transactions, revenues, expenses, assets, and liabilities of Sellers
with respect to the Business. The financial statements provided to
Buyer by Sellers, including the related notes, are true and correct in
all material respects and fairly present the consolidated financial
condition, results of operations and cash flow of Sellers as of the
respective dates thereof.

3.08    Receivables.
Schedule 3.08 provides an accurate and complete breakdown and
aging of all accounts receivable, notes receivable and other
receivables of the Sellers which relate to the Business as of the date
of this Agreement. Except as set forth in Schedule 3.08, all
existing accounts receivable of the Sellers: (i) represent valid
obligations of customers of the Sellers arising from bona fide
transactions entered into in the ordinary course of business; and (ii)
are current.

3.09    Contracts. Except as set forth
on Schedule 3.09    attached hereto and made a part
hereof, each Contract was made in the ordinary course of business, is
in full force and effect and is valid, binding and enforceable against
the parties thereto in accordance with its terms and may, without
default or breach thereunder, be assigned to Buyer without any consent,
approval or waiver from any Person. Each Contract was entered into by
the Sellers with a party unaffiliated and unrelated to the Sellers and
its respective equity owners, officers, directors, partners or
employees. Sellers have performed in all material respects all
obligations required to be performed by Sellers under each Contract to
which either TriSoft or AudioStreet is a party, no condition exists or
event has occurred which with notice or lapse of time would constitute
a default thereunder or a basis for delay, nonperformance, termination,
modification or acceleration of maturity or performance by any party
thereto, and no third party has notified Sellers in writing of a
default or breach under any Contract.

3.10    Taxes.
All federal, state, local and foreign income, withholding,
unemployment, social security, property, and all other taxes to which
Sellers are subject (collectively,
‘‘Taxes’’), due from or
required to be remitted by Sellers with respect to taxable periods
ending on or prior to, and the portion of any interim period up to, the
Closing have been fully and timely paid or, (i) to the extent contested
or disputed, as set forth on Schedule 3.10 attached hereto and
made a part hereof, reserved against on the books and records of
Seller, or (ii) to the extent not yet due or payable, have been
adequately provided for on the books and records of Sellers. All
returns, reports and other filings required with respect to such Taxes
have been timely filed. No extension of any statute of limitations for
the assessment or collection of any Taxes has been granted by any
taxing authority with respect to Sellers. The federal income tax
returns of Sellers 

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have not been audited or otherwise examined by
the Internal Revenue Service within the past three (3) years, and no
state or local income, sales, use, or property tax returns of Sellers
have been audited or otherwise examined within the past three (3)
years. Sellers have not received any notice of the pendency of any such
audit or examination. There are no outstanding agreements or waivers
extending the statutory period of limitation applicable to any federal
or state income tax return for any
period.

3.11    Employee Matters.

a)    Except as set forth on Schedule 3.11, there are no
employees and no employment contracts, operating agreements, management
contracts, listing agreements, employment agreements, union contracts,
or labor agreements in connection with or related to the
Business.

b)    None of the employees engaged in the
operation or maintenance of the Business is employed pursuant to a
written agreement and all such employees may be terminated at will.
Sellers have not entered into any union contracts pertaining to
employees of the Business. Sellers are not a party to any collective
bargaining agreement, no such agreement determines the terms and
conditions of employment of any employee of the Business, no collective
bargaining agent has been certified as a representative of any of the
employees of the Business, and no representation campaign or election
is now in progress or threatened, with respect to any of the employees
of the Business. A list of employees of the Business and their
compensation and current benefits is attached hereto as Schedule
3.11.

c)    There are no pension plans,
including without limitation defined benefit and defined contribution
plans, stock ownership plans, executive compensation programs or
arrangements, bonus plans, incentive compensation plans or
arrangements, profit sharing plans or arrangements, deferred
compensation agreements or arrangements, supplemental retirement plans
or arrangements, vacation pay, sickness, disability, or death benefit
plans (whether provided through insurance, on a funded or unfunded
basis, or otherwise), medical or life insurance plans providing
benefits to any of Sellers’ employees, retirees, or former
employees or their dependents, survivors or beneficiaries, employee
stock option or stock purchase plans, severance pay, termination,
salary continuation or employee assistance plans, or any other employee
benefit plans, programs, or arrangements, including without limitation
any ‘‘plan’’ within the meaning of Section
3(3) of the Employee Retirement Income Security Act of 1974, as amended
(‘‘ERISA’’), that are
maintained by Sellers for the benefit of or relating to any of
Sellers’ employees, former employees or retirees or their
dependents, survivors beneficiaries or alternate payees, whether or not
legally binding, and for which Sellers could reasonably have any
liabilities (collectively, the ‘‘Benefit
Plans’’).

3.12    Environmental
Matters.

a)    The Premises, the Business and
all operations of Seller at the Premises are in compliance with all
applicable Environmental Laws (as defined
herein).

b)    No Hazardous Substances (as defined
herein) have been used, handled, generated, processed, treated, stored,
released, discharged or disposed of by Sellers on or from the Premises
(i) in violation in any applicable Environmental Laws, or (ii) which
requires investigation or remediation by Seller under applicable
Environmental Laws investigation.

c)    There are no
above or underground storage tanks on or beneath the
Premises.

d)    Sellers have not received written
notice of:

i)    any claim, demand, investigation,
enforcement, response, removal, remedial action, statutory lien or
other governmental or regulatory action instituted or threatened
against Sellers with respect to the Premises or the Business pursuant
to any Environmental Law;

ii)    any claim, demand,
suit or action, made or threatened by any Person against Sellers with
respect to the Premises or the Business, relating to (A) any damage,
loss or injury resulting from, or claimed to have resulted from, any
Hazardous Substance on or emanating from the Premises or the Business,
or (B) any alleged violation of any Environmental Law by Sellers in
connection with its operations at the Premises or the Business;
or

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iii)    any notice of
violation, citation, complaint, order, directive, request for
information or response thereto, notice letter, demand letter or
compliance schedule from any governmental or regulatory agency arising
out of or in connection with Hazardous Substances on, about, beneath,
arising from or generated at the Premises.

e)    As
used herein:

i)    The term
‘‘Environmental Laws’’ means
all applicable federal, state and local laws and regulations concerning
or relating to or the protection of human health and/or the
environment, including, but not limited to, the Comprehensive
Environmental Response, Compensation and Liability Act, 42 U.S.C.
§ 960 1 et seq. (1995), as amended
(‘‘CERCLA’’), the Resource
Conservation and Recovery Act, 42 U.S.C. § 6901 et seq.
as amended (‘‘RCRA’’), the
Federal Water Pollution Control Act, 33 U.S.C. §  1251
et seq. as amended, the Clean Air Act, 42 U.S.C. § 7401
et seq. as amended, the Toxic Substances Control Act, 15
U.S.C. § 2601 et seq. as amended, the Federal
Insecticide, Fungicide and Rodenticide Act, 7 U.S.C. § 136
et seq. as amended, and the Safe Drinking Water Act, 42 U.S.C.
§ 300f et seq. as amended, and regulations promulgated
thereunder.

ii)    The term
‘‘Hazardous Substances’’
means any substance that is: (A) petroleum and petroleum derivatives,
asbestos or asbestos-containing material or polychlorinated biphenyls;
(B) defined, designated or listed as a ‘‘Toxic
Pollutant’’ or Hazardous Substance’’
pursuant to §§ 307 and 311 of the Federal Water Pollution
Control Act, 33 U.S.C. §§ 1317, 1321 or § 101(14)
of CERCLA, 42 U.S.C. § 9601; (C) listed in the United States
Department of Transportation Hazardous Material Tables, 49 C.F.R.
§  172.101; (D) defined, designated or listed as a
‘‘Hazardous Waste’’ under § 1004(5)
of RCRA, 42 U.S.C. § 6903(5); (E) listed as a
‘‘Hazardous Air Pollutant’’ under §
112 of the Clean Air Act, 42 U.S.C. § 7412; or (F) listed as a
hazardous substance under any laws of the State of
Florida.

3.13    Authorizations. Schedule
3.13 attached hereto and made a part hereof is a true and complete
list of all certificates, licenses and permits (
‘‘Authorizations’’) held by
Sellers in connection with the Business. All Authorizations are valid
and Sellers have not received written notice of any violation of such
Authorizations. The Authorizations are the only certificates, licenses,
and permits which are required for the lawful ownership, use,
occupancy, operation and maintenance of the Business as presently
operated.

3.14    Insurance. Schedule 3.14
lists all insurance policies of the covering the Assets, employees and
operations of Buyer as of the date hereof and any pending claims under
such policies. All such policies are in full force and effect, all
premiums due thereon have been paid by Buyer and Buyer has complied in
all material respects with the provisions of such policies and has not
received any notice from any of its insurance brokers or carriers that
any insurance policy is no longer in full force or effect or that such
broker or carrier will not be willing or able to renew their existing
coverage and perform its obligations thereunder. All such policies
shall continue in full force and effect following the consummation of
the transactions contemplated by this
Agreement.

3.15    No Misrepresentations. The
representations, warranties and statements made by the Sellers in or
pursuant to this Agreement are true, complete and correct in all
material respects and do not contain any untrue statement of a material
fact or omit to state any material fact necessary to make any such
representation, warranty or statement, under the circumstances in which
it is made, not misleading.

3.16    Suppliers and
Customers. Set forth on Schedule 3.16 is a list of the
names of each of Sellers’ suppliers and customers of products
and services with respect to the Business. None of such current
suppliers and customers has refused, or communicated in writing to
Sellers that it will or may refuse, to purchase or supply products or
services from or to Sellers or has communicated in writing to Sellers
that it will or may substantially reduce the amount of products or
services that it is willing to purchase from or supply to Sellers.
Sellers are not past due with respect to any amounts owed to any of the
suppliers or customers listed on Schedule
3.16.

3.17    Purchase Entirely for Own
Account. This Agreement is made by Buyer in reliance upon
Sellers’ Principals and Sellers’ Agent’s
representations to Buyer, which by Sellers’ Principals and
Sellers’ Agent’s execution of this Agreement
Sellers’ Principals and Sellers’ Agent hereby confirm,
that the Ckrush Stock to be received by Sellers’ Principals and
Sellers’ Agent will be acquired for investment for
Sellers’ Principals and Sellers’ Agent’s own
respective accounts, not as a nominee or agent, and not with

8

a present view to the resale or distribution
of any part thereof, and Sellers’ Principals and Sellers’
Agent have no present intention of selling, granting any participation
in, or otherwise distributing the same. By executing this Agreement,
Sellers’ Principals and Sellers’ Agent further represent
that they do not have any contract, undertaking, agreement or
arrangement with any person to sell, transfer, or grant participations
to such person or to any third person, with respect to any of the
Ckrush Stock.

3.18    Investment Experience.
Sellers’ Principals and Sellers’ Agent are each investors
in securities of companies in the development stage and acknowledge
that they can bear the economic risk of their investment and have such
knowledge and experience in financial or business matters that they are
capable of evaluating the merits and risks of the total investment in
the Ckrush Stock. Sellers’ Principals and Sellers’ Agent
each recognize that an investment in Buyer involves a high degree of
risk.

3.19    Intentionally
Omitted.

3.20    Restricted Securities.
Sellers’ Principals and Sellers’ Agent understand that
the Ckrush Stock they are receiving are characterized as
‘‘restricted securities’’ under the federal
securities laws inasmuch as they are being acquired from the
Buyer’s parent corporation in a transaction not involving a
public offering and that under such laws and applicable regulations
such securities may be resold without registration under the Securities
Act, only in certain limited circumstances. In this connection,
Sellers’ Principals and Sellers’ Agent represent that
they are familiar with Rule 144 under the Securities Act
(‘‘Rule 144’’), as currently
in effect, and understand the resale limitations imposed thereby and by
the Securities Act.

3.21    Further Limitations on
Disposition. Without in any way limiting the representations set
forth above, unless there is then in effect a registration statement
under the Securities Act covering any proposed disposition and any
disposition is made in accordance with such registration statement,
Sellers’ Principals and Sellers’ Agent further agree not
to make any disposition of all or any portion of the Ckrush Stock
unless and until the transferee has agreed in writing for the benefit
of Buyer to be bound by this Section 3, and:

a)    If
reasonably requested by Buyer, Sellers’ Principals and
Sellers’ Agent shall furnish Buyer with an opinion of counsel,
reasonably satisfactory to Buyer, that such disposition will not
require registration of such Ckrush Stock under the Securities Act. It
is agreed that Buyer will not require opinions of counsel for
transactions made pursuant to Rule 144 except in unusual
circumstances.

3.22    Legends. It is
understood that any certificates evidencing the Ckrush Stock may bear
one or all of the following
legends:

a)    ‘‘These securities have
not been registered under the Securities Act of 1933, as amended (the
‘‘Securities Act’’). They may not be sold,
offered for sale, pledged or hypothecated in the absence of a
registration statement in effect with respect to the securities under
such Securities Act or an opinion of counsel satisfactory to Buyer that
such registration is not required or unless sold pursuant to Rule 144
of such Securities Act.’’

b)    Any
legend required by the laws of the State of
Florida.

c)    A legend with respect to the
Company’s rights under Section 5.03 of this
Agreement.

ARTICLE IV
REPRESENTATIONS AND WARRANTIES OF
BUYER

To induce Sellers to enter into this Agreement and perform
their obligations hereunder, Buyer represents and warrants to Sellers
as follows:

4.01    Organization. Buyer is a
corporation organized, validly existing and in good standing under the
laws of the State of Delaware. Buyer has all necessary corporate power
and authority to carry on its business as presently conducted, to own,
lease and operate all of the assets and properties that it owns, leases
or operates and to perform all its obligations under each agreement and
instrument to which it is a party or by which it is
bound.

4.02    Power and Authorization. This
Agreement has been duly and validly executed and delivered by Buyer and
assuming due execution by Sellers constitutes the legal, valid and
binding obligation of 

9

Buyer, enforceable against Buyer in
accordance with its terms. Buyer has full legal right, power and
authority to execute, deliver and perform its obligations under this
Agreement and under all other agreements and documents required to be
delivered by it prior to or at the Closing (collectively, the
‘‘Buyer Transaction
Documents’’). The execution, delivery and
performance by Buyer of the Buyer Transaction Documents has been duly
authorized by all necessary corporate action on the part of Buyer. When
executed and delivered as contemplated herein, each of the Buyer
Transaction Documents shall constitute the legal, valid and binding
obligations of Buyer, enforceable against Buyer in accordance with its
terms.

4.03    No Conflicts.

a)    The execution and delivery by Buyer of this
Agreement does not, and the execution, delivery and performance by
Buyer of the other Buyer Transaction Documents will not (in each case,
with or without the passage of time or the giving of notice) violate or
conflict with the Certificate of Incorporation or Bylaws of Buyer
or, to Buyer’s knowledge, any law applicable to Buyer,
the violation of which would have a material adverse effect on the
Assets or on Buyer’s ability to acquire, own and operate the
Assets as contemplated hereunder.

b)    The execution
and delivery by Buyer of this Agreement does not, and the execution,
delivery and performance by Buyer of the other Buyer Transaction
Documents will not require Buyer to obtain any Authorization of, or to
make any filing, registration or declaration with or notification to,
any Person, except for any Authorization, filing, registration,
declaration, notification, consent, waiver or approval the failure to
obtain or make which would not prevent or materially delay Buyer from
performing any of its obligations under the Buyer Transaction
Documents.

ARTICLE
V
INDEMNIFICATION

5.01    Sellers’
Indemnification of Buyer. Sellers and, subject to the last
sentence in this Section 5.01, each of the Seller’s Principals
agree to jointly and severally indemnify Buyer against, and agree to
pay and hold harmless Buyer for all liabilities, obligations, losses,
damages, penalties, claims, actions, suits, judgments, settlements,
out-of-pocket costs, expense and disbursements (including reasonable
costs of investigation, and reasonable attorneys, accountants, and
expert witness fees), of whatsoever kind and nature
(‘‘Losses’’) that are
imposed on or incurred by Buyer as a consequence of or in connection
with: (a) any material misrepresentation by Sellers herein, (b) any of
Sellers’ liabilities or the related to the Assets or the
Business, known or unknown, liquidated or unliquidated, not expressly
assumed by Buyer hereunder, including but not limited to any
environmental claims and liabilities, (c) any breach by Sellers of a
warranty or covenant contained herein, (d) any failure by Sellers to
perform any agreement or covenant of Sellers contained herein, or (e)
the enforcement of this indemnification provision. Notwithstanding the
foregoing, Rodman shall have no liability with respect to any Losses
relating to TriSoft’s accounts receivables, and Bartlett and
Rengifo shall have no liability with respect to any Losses relating to
AudioStreet’s account
receivables.

5.02    Buyer’s Indemnification of
Sellers. Buyer hereby agrees to indemnify Sellers against, and
agrees to pay and hold harmless Sellers for all Losses that are imposed
on or incurred by Sellers as a consequence of or in connection with:
(a) any material misrepresentation by Buyer herein, (b) any breach by
Buyer of a warranty or covenant contained herein, (c) any failure by
Buyer to perform any agreement or covenant of Buyer contained herein,
(d) the assumed Lease, (e) Buyer’s operation of the Business
from and after Closing, and (f) the enforcement of this indemnification
provision.

5.03    Notice of Claims and Potential
Claims. The party which is entitled to be indemnified by the other
party pursuant to Article V of this Agreement (the
‘‘Indemnified Party’’)
agrees to give prompt written notice to the party which is required to
indemnify the Indemnified Party (the
‘‘Indemnifying Party’’) upon
the receipt by the Indemnified Party of notice of any claim by a third
party against the Indemnified Party which might give rise to a claim
against the Indemnifying Party stating the nature and the basis of such
claim and, if ascertainable, the amount thereof. In connection with any
such third party claim, the Indemnifying Party may, at its election and
expense, have the right to participate in the defense of such third
party claim and no such third party claim shall be settled without the
consent of the 

10

Indemnifying Party, which consent shall not
be unreasonably withheld or delayed. The Sellers’ Principals
acknowledge that Buyer will have recourse for any indemnification claim
against the shares of Ckrush Stock that are issued to them as part of
the Purchase Price and that in the event of a claim against them
pursuant to Section 5.01 of the Agreement any time prior to the first
anniversary of the date of this Agreement, the shares of Ckrush Stock
may not be sold or transferred by the Sellers’ Principals. The
Buyer agrees that with respect to Bartlett, Raio and Rengifo, the Buyer
shall have no right to set off any claims under this Article V against
any compensation due to them as employees of the Buyer under their
respective employment agreements.

5.04    Survival.
The indemnification rights of each party set forth in Article
V of this Agreement shall survive the Closing for a period of two
(2) years, or upon default of the Indemnified Party in its post closing
obligations to the other party, whichever shall occur first.

ARTICLE VI
MISCELLANEOUS

6.01    Public
Statements or Releases. None of the parties to this Agreement
shall make, issue or release any announcement, whether to the public
generally or to any of its employees, suppliers or customers, with
respect to this Agreement or the transactions contemplated hereby or
thereby, without the prior consent of the other parties, which shall
not be unreasonably withheld or delayed; provided that nothing in this
Section 6.01 shall prevent any of the parties hereto from
making such public announcements as it may consider necessary in order
to satisfy its legal obligations, but to the extent not inconsistent
with such obligations, it shall provide the other parties with an
opportunity to review and comment on any proposed public announcement
before it is made.

6.02    Expenses. Each of the
parties hereto shall bear its own legal, accounting and administrative
expenses in connection with the negotiation and consummation of the
transactions contemplated hereby. Neither party shall have
responsibility for the fees or expenses of any broker or advisor
retained by the other party.

6.03    Successors and
Assigns. Except as otherwise provided herein, the terms and
conditions of this Agreement shall inure to the benefit of and be
binding upon the respective successors and assigns of the parties.
Nothing in this Agreement, express or implied, is intended to confer
upon any party other than the parties hereto or their respective
successors and assigns any rights, remedies, obligations, or
liabilities under or by reason of this Agreement, except as expressly
provided in this Agreement.

6.04    Governing Law.
This Agreement shall be governed by and construed under the laws of the
State of New York, without regard to the conflict of law principles
thereof.

6.05    Counterparts. This Agreement may
be executed in two or more counterparts, each of which shall be deemed
an original, but all of which together shall constitute one and the
same instrument. This Agreement shall be effective upon exchange of
signature pages by facsimile or pdf attachments to emails; however, the
parties agree to exchange original signature pages promptly following
the Closing.

6.06    Interpretation. In all
references herein to any parties, persons, entities or corporations,
the use of any particular gender, or the plural or singular number is
intended to include the appropriate gender and number as the text of
the Agreement may require. The captions used herein are inserted for
convenience of reference only and are not intended to be a part of or
to affect the meaning or interpretation of this
Agreement.

6.07    Notices. Unless otherwise
provided, any notice required or permitted under this Agreement shall
be given in writing and shall be deemed given upon personal delivery to
the party to be notified, on the next business day after being
deposited with a national overnight courier service, or on the third
business day after being deposited with the United States Post Office,
by registered or certified mail, postage prepaid and addressed to the
party to be notified at the address set forth below, on that date of
facsimile transmission so long as any transmission produces a receipt
evidencing such transmission, or to such other address as the party to
receive such notice may have designated to all other parties by notice
in accordance herewith:

11

If to Sellers or Seller
Principals:

TriSoft Media, Inc.
134 NW
16th Street, Suite 3
Boca Ration, FL
33432
        Facsimile No. 425-671-5866

With a copy
to:

Micheal E. Zealy, Sr.
110 Grand Palms
Drive
Pembroke Pines, FL 33027
        Facsimile No.
561-391-5406
        and

Kara Rodman
5422 NW
50th Court
Coconut Creek, FL 33073

If to
Buyer:

Ckrush, Inc.
336 West 37th
Street
New York, NY 10018
Attn: Jeremy Dallow,
President
        Facsimile No. 212-564-4799

With a copy
to:

Greenbaum, Rowe, Smith & Davis, LLP
Metro
Corporate Campus One
P.O. Box 5600
Woodbridge, NJ
07095-0988
Attn: W. Raymond Felton
        Facsimile No.
732-476-2671

6.08    Waiver. A waiver at any time of
compliance with any provision of this Agreement shall not be considered
a modification, cancellation or waiver of such provision or of any
preceding or succeeding breach thereof unless expressly so stated. No
delay on the part of any party in exercising any right, power or
privilege hereunder shall operate as a waiver
thereof.

6.09    Severability. If one or more
provisions of this Agreement are held to be unenforceable under
applicable law, such provision shall be excluded from this Agreement
and the balance of the Agreement shall be interpreted as if such
provision were so excluded and shall be enforceable in accordance with
its terms.

6.10    Entire Agreement. his Agreement
constitutes the entire agreement between the parties hereto with
respect to the subject matter contained herein and supersedes all other
agreements, written and oral, among the parties or any of them in
connection therewith.

[Signature page
follows]

12

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

							
	 			Sellers:
	 			TRISOFT
MEDIA,
INC.
	 			By:			 
	 			Name:			 
	 			Title:			 
	 			 			 
	 			AUDIOSTREET.NET,
INC.
	 			 			 
	 			By:			 
	 			Name:			 
	 			Title:			 
	

							
	 			 			 
	 			Buyer:			 
	 			 			 
	 			CKRUSH
DIGITAL MEDIA,
INC.
	 			 			 
	 			By:			 
	 			Jeremy
Dallow,
President
	 			 			 
	 			Seller’s
Principals:
	 			 			 
	 			 
	 			Cary
Bartlett
	 			 			 
	 			 
	 			Joe
Raio
	 			 			 
	 			 
	 			Miguel
Rengifo
	 			 			 
	 			 
	 			Jason
Rodman
	

13

LIMITED JOINDER

Ckrush,
Inc., a Delaware corporation, joins in the execution of this Agreement
for the limited purpose of confirming its obligations
hereunder.

		CKRUSH,
INC.

							
	 			By:			 
	 			Jeremy
Dallow, President
	

    

LIMITED
JOINDER

Michael Brauser joins in the execution of this
Agreement for the limited purpose of confirming his representations
made
herein.

				
	 			 
	 			Michael
Brauser
	

14FORM
OF
RESTRICTED SHARE AWARD AGREEMENT
UNDER THE FORTRESS
INVESTMENT GROUP LLC
2007 OMNIBUS EQUITY INCENTIVE PLAN

This
Award Agreement (this ‘‘Restricted Share Award
Agreement’’), dated as of
                , 2007 (the
‘‘Date of Grant’’), is made by and between
Fortress Investment Group LLC, a Delaware limited liability company
(the ‘‘Company’’) and
                         (the
‘‘Participant’’). Capitalized terms not
defined herein shall have the meaning ascribed to them in the Company
2007 Omnibus Equity Incentive Plan (the
‘‘Plan’’). Where the context permits,
references to the Company shall include any successor to the
Company.

1.    Grant of Restricted Shares.    The
Company hereby grants to the Participant
                     Shares (such shares,
the ‘‘Restricted Shares’’), subject to all
of the terms and conditions of this Restricted Share Award Agreement
and the Plan.

2.    Lapse of
Restrictions.

(a)    Vesting.

(i)    General.    Subject
to the provisions set forth below, the restrictions on transfer set
forth in Section 2(b) hereof shall lapse pursuant to the terms of the
vesting schedule attached hereto as Exhibit A, subject to the
continued employment of the Participant by the Company or one of its
Subsidiaries or Affiliates (or, in the case of a participant who is a
non-employee director of the Company, subject to the continued service
of the Participant as a non-employee director) as of each such vesting
date (in each case except as set forth in any vesting schedule attached
hereto).

(ii)    Following Certain
Terminations of Employment.    Subject to the next sentence,
upon termination of the Participant’s employment (or cessation
of service as a non-employee director) with the Company and its
Subsidiaries and Affiliates for any reason, any Restricted Shares as to
which the restrictions on transferability described in this Section
shall not already have lapsed shall be immediately forfeited by the
Participant and transferred to, and reacquired by, the Company without
consideration of any kind and neither the Participant nor any of the
Participant’s successors, heirs, assigns, or personal
representatives shall thereafter have any further rights or interests
in such Restricted Shares (in each case except as set forth in any
vesting schedule attached hereto).

(b)    Restrictions.    Until the
restrictions on transfer of the Restricted Shares lapse as provided in
Section 2(a) hereof, or as otherwise provided in the Plan, no transfer
of the Restricted Shares or any of the Participant’s rights with
respect to the Restricted Shares, whether voluntary or involuntary, by
operation of law or otherwise, shall be permitted. Unless the
Administrator determines otherwise, upon any attempt to transfer
Restricted Shares or any rights in respect of Restricted Shares before
the lapse of such restrictions, such Restricted Shares, and all of the
rights related thereto, shall be immediately forfeited by the
Participant and transferred to, and reacquired by, the Company without
consideration of any kind.

3.    Legend on
Certificates.    The Participant agrees that any certificate
issued for Restricted Shares (or, if applicable, any book entry
statement issued for Restricted Shares) prior to the lapse of any
outstanding restrictions relating thereto shall bear the following
legend (in addition to any other legend or legends required under
applicable federal and state securities laws):

THE
SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN
RESTRICTIONS UPON TRANSFER AND RIGHTS OF REPURCHASE (THE
‘‘RESTRICTIONS’’) AS SET FORTH IN THE
FORTRESS INVESTMENT GROUP LLC 2007 OMNIBUS EQUITY INCENTIVE PLAN AND A
RESTRICTED SHARE AWARD AGREEMENT ENTERED INTO BETWEEN THE REGISTERED
OWNER AND FORTRESS INVESTMENT GROUP LLC, COPIES OF WHICH ARE ON FILE
WITH THE SECRETARY OF THE COMPANY. ANY ATTEMPT TO DISPOSE OF THESE
SHARES IN CONTRAVENTION OF THE RESTRICTIONS, INCLUDING BY WAY OF SALE,

1

ASSIGNMENT, TRANSFER, PLEDGE, HYPOTHECATION OR
OTHERWISE, SHALL BE NULL AND VOID AND WITHOUT EFFECT AND SHALL RESULT
IN THE FORFEITURE OF SUCH SHARES AS PROVIDED BY SUCH PLAN AND
AGREEMENT.

4.    Securities Laws
Requirements.    The Company shall not be obligated to transfer
any Shares to the Participant free of the restrictive legend described
in Section 3 hereof or of any other restrictive legend, if such
transfer, in the opinion of counsel for the Company, would violate the
Securities Act of 1933, as amended (the ‘‘Securities
Act’’) (or any other federal or state statutes having
similar requirements as may be in effect at that
time).

5.    No Obligation to Register.    The
Company shall be under no obligation to register the Restricted Shares
pursuant to the Securities Act or any other federal or state securities
laws.

6.    Protections Against Violations of
Agreement.    No purported sale, assignment, mortgage,
hypothecation, transfer, pledge, encumbrance, gift, transfer in trust
(voting or other) or other disposition of, or creation of a security
interest in or lien on, any of the Restricted Shares by any holder
thereof in violation of the provisions of this Restricted Share Award
Agreement will be valid, and the Company will not transfer any of said
Restricted Shares on its books nor will any of such Restricted Shares
be entitled to vote, nor will any distributions be paid thereon, unless
and until there has been full compliance with said provisions to the
satisfaction of the Company. The foregoing restrictions are in addition
to and not in lieu of any other remedies, legal or equitable, available
to enforce said provisions.

7.    Tax
Withholding.    The Participant shall pay to the Company
promptly upon request, and in any event at the time the Participant
recognizes taxable income in respect to the Restricted Shares (or, if
the Participant makes an election under Section 83(b) of the Code in
connection with such grant), an amount equal to the taxes the Company
determines it is required to withhold under applicable tax laws with
respect to the Restricted Shares. The Participant may satisfy the
foregoing requirement by making a payment to the Company in cash or,
with the approval of the Administrator, in it sole discretion, by
delivering already owned unrestricted shares of Common Stock, in each
case, having a value equal to the minimum amount of tax required to be
withheld. Such shares of Common shall be valued at their fair market
value on the date as of which the amount of tax to be withheld is
determined. Fractional share amounts shall be settled in cash. The
Participant shall promptly notify the Company of any election made
pursuant to Section 83(b) of the Code. A form of such election is
attached hereto as Exhibit B.

8.    Failure to
Enforce Not a Waiver.    The failure of the Company to enforce
at any time any provision of this Restricted Share Award Agreement
shall in no way be construed to be a waiver of such provision or of any
other provision hereof.

9.    Protections Against
Violations of Agreement.    No purported sale, assignment,
mortgage, hypothecation, transfer, pledge, encumbrance, gift, transfer
in trust (voting or other) or other disposition of, or creation of a
security interest in or lien on, any of the Restricted Shares by any
holder thereof in violation of the provisions of this Restricted Share
Award Agreement will be valid, and the Company will not transfer any of
said Restricted Shares on its books nor will any of such Restricted
Shares be entitled to vote, nor will any distributions be paid thereon,
unless and until there has been full compliance with said provisions to
the satisfaction of the Company. The foregoing restrictions are in
addition to and not in lieu of any other remedies, legal or equitable,
available to enforce said provisions.

10.    Governing
Law.    This Restricted Share Award Agreement shall be governed
by and construed according to the laws of the State of Delaware without
regard to its principles of conflict of
laws.

11.    Incorporation of Plan.    The Plan is
hereby incorporated by reference and made a part hereof, and the
Restricted Shares and this Restricted Share Award Agreement shall be
subject to all terms and conditions of the Plan. In the event of any
conflict between the provisions of this Restricted Share Award
Agreement and the provisions of the Plan, the provisions of the Plan
shall govern.

12.    Section 409A
Compliance.    Notwithstanding anything to the contrary
contained in this Restricted Share Award Agreement, to the extent that
the Board determines that the Plan or the 

2

Restricted Shares are subject to Section 409A
of the Code and fails to comply with the requirements of Section 409A
of the Code, the Board reserves the right (without any obligation to do
so) to amend or terminate the Plan and/or amend, restructure, terminate
or replace the Restricted Shares in order to cause the Restricted
Shares to either not be subject to Section 409A of the Code or to
comply with the applicable provisions of such
section.

13.    Survival of Terms.    This
Restricted Share Award Agreement shall apply to and bind the
Participant and the Company and their respective permitted assignees
and transferees, heirs, legatees, executors, administrators and legal
successors.

14.    Counterparts.    This Restricted
Share Award Agreement may be executed in any number of counterparts,
each of which shall be deemed to be an original and all of which
together shall be deemed to be one and the same
instrument.

15.    Agreement Not a Contract for
Services.    Neither the Plan, the granting of the Restricted
Shares, this Restricted Share Award Agreement nor any other action
taken pursuant to the Plan shall constitute or be evidence of any
agreement or understanding, express or implied, that the Participant
has a right to continue to provide services as an officer, director,
employee, consultant or advisor of the Company or any Subsidiary or
Affiliate for any period of time or at any specific rate of
compensation.

16.    Authority of the
Administrator.    The Administrator shall have full authority to
interpret and construe the terms of the Plan and this Restricted Share
Award Agreement. The determination of the Administrator as to any such
matter of interpretation or construction shall be final, binding and
conclusive.

17.    Representations.    The
Participant has reviewed with the Participant’s own tax advisors
the Federal, state, local and foreign tax consequences of the
transactions contemplated by this Restricted Share Award Agreement. The
Participant is relying solely on such advisors and not on any
statements or representations of the Company or any of its agents. The
Participant understands that he or she (and not the Company) shall be
responsible for any tax liability that may arise as a result of the
transactions contemplated by this Restricted Share Award
Agreement.

18.    Severability.    Should any
provision of this Restricted Share Award Agreement be held by a court
of competent jurisdiction to be unenforceable, or enforceable only if
modified, such holding shall not affect the validity of the remainder
of this Restricted Share Award Agreement, the balance of which shall
continue to be binding upon the parties hereto with any such
modification (if any) to become a part hereof and treated as though
contained in this original Restricted Share Award Agreement. Moreover,
if one or more of the provisions contained in this Restricted Share
Award Agreement shall for any reason be held to be excessively broad as
to scope, activity, subject or otherwise so as to be unenforceable, in
lieu of severing such unenforceable provision, such provision or
provisions shall be construed by the appropriate judicial body by
limiting or reducing it or them, so as to be enforceable to the maximum
extent compatible with the applicable law as it shall then appear, and
such determination by such judicial body shall not affect the
enforceability of such provisions or provisions in any other
jurisdiction.

19.    Acceptance.    The Participant
hereby acknowledges receipt of a copy of the Plan and this Restricted
Share Award Agreement. The Participant has read and understands the
terms and provisions of the Plan and this Restricted Share Award
Agreement, and accepts the Restricted Shares subject to all the terms
and conditions of the Plan and this Restricted Share Award Agreement.
The Participant hereby agrees to accept as binding, conclusive and
final all decisions or interpretations of the Administrator upon any
questions arising under this Restricted Share Award Agreement.

IN
WITNESS WHEREOF, the parties hereto have executed and delivered this
Restricted Share Award Agreement on the day and year first above
written.

3

		FORTRESS INVESTMENT GROUP
LLC

		By
                                                                        

Name
                                                                   

Title                                                                       

		[NAME]

		                                                                               

The
Participant

			
		Address: 	                                                               

                                                               

                                                               

4

EXHIBIT
A

[insert vesting schedule]

For purposes
of this Restricted Share Award Agreement, ‘‘Change of
Control’’ means the occurrence of any of the following
events:

(1)    any Person or any group of
Persons acting together which would constitute
a ‘‘group’’ for purposes of Section
13(d) of the Securities and Exchange Act of
1934, or any successor provisions thereto, excluding any
group of Persons, which, if it includes any Original Partner or any of
his Affiliates, includes all Original Partners then employed by the
Company or any of its Affiliates, is or becomes the Beneficial Owner,
directly or indirectly, of securities of the Company representing more
than fifty percent (50%) of the combined voting power of the
Company’s then outstanding voting securities;
or

(2)    the following individuals cease for
any reason to constitute a majority of the number of directors of the
Company then serving: individuals who, on the date of the consummation
of the initial public offering of Class A Shares, constitute the Board
and any new director (other than a director whose initial assumption of
office is in connection with an actual or threatened election contest,
including but not limited to a consent solicitation, relating to the
election of directors of the Company) whose appointment or election by
the Board or nomination for election by the Company’s
shareholders was approved or recommended by a vote of at least
two-thirds ( 2/3) of the directors then still in office
who either were directors on the date of the consummation of the
initial public offering of Class A Shares or whose appointment,
election or nomination for election was previously so approved or
recommended by the directors referred to in this clause (ii);
or

(3)    there is consummated a merger or
consolidation of the Company or any direct or indirect subsidiary of
the Company with any other corporation or other entity, and,
immediately after the consummation of such merger or consolidation,
either (i) the Board immediately prior to the merger or consolidation
does not constitute at least a majority of the board of directors of
the company surviving the merger or, if the surviving company is a
subsidiary, the ultimate parent thereof, or (ii) all of the Persons who
were the respective Beneficial Owners of the voting securities of the
Company immediately prior to such merger or consolidation do not
Beneficially Own, directly or indirectly, more than 50% of the
combined voting power of the then outstanding voting securities of the
Person resulting from such merger or consolidation;
or

(4)    the shareholders of the Company
approve a plan of complete liquidation or dissolution of the Company or
there is consummated an agreement or series of related agreements for
the sale or other disposition, directly, or indirectly, by the Company
of all or substantially all of the Company’s assets, other than
such sale or other disposition by the Company of all or substantially
all of the Company’s assets to an entity, at least fifty percent
(50%) of the combined voting power of the voting securities of
which are owned by shareholders of the Company in substantially the
same proportions as their ownership of the Company immediately prior to
such sale.

Notwithstanding the foregoing, except with respect to
clause (2) and clause (3)(i) above, a ‘‘Change in
Control’’ shall not be deemed to have occurred by virtue of
the consummation of any transaction or series of integrated
transactions immediately following which the record holders of the
shares of the Company immediately prior to such transaction or series
of transactions continue to have substantially the same proportionate
ownership in an entity which owns all or substantially all of the
assets of the Company immediately following such transaction or series
of transactions.

With respect to the definition of Change of
Control, ‘‘Person’’ shall not include (i) the
Company or any of its Subsidiaries, (ii) a trustee or other fiduciary
holding securities under an employee benefit plan of the Company or any
of its Subsidiaries, (iii) an underwriter temporarily holding
securities pursuant to an offering of such securities, or (iv) a
corporation owned, directly or indirectly, by the shareholders of the
Company in substantially the same proportions as their ownership of
shares of the Company.

5

EXHIBIT
B

ELECTION UNDER SECTION 83(b)

OF
THE INTERNAL REVENUE CODE OF 1986

The undersigned
taxpayer hereby elects, pursuant to Section 83(b) of the Internal
Revenue Code of 1986, as amended, to include in taxpayer’s gross
income for the current taxable year the amount of any compensation
taxable to taxpayer in connection with taxpayer’s receipt of the
property described below:

1.    The name
address, taxpayer identification number and taxable year of the
undersigned are as follows:

NAME OF
TAXPAYER:   ______________________________________________________

NAME OF
SPOUSE:   __________________________________________________________

ADDRESS:   ________________________________________________________________

IDENTIFICATION NO. OF
TAXPAYER:   __________________________________________

IDENTIFICATION NUMBER OF
SPOUSE:   ________________________________________

TAXABLE
YEAR:   __________________________________________________________

2.    The
property with respect to which the election is made is described as
follows:                              Shares, par
value $     per share, of Fortress Investment Group LLC
(‘‘Company’’).

3.    The
date on which the property was transferred is:
                                        ,
20    .

4.    The property is subject
to the following restrictions:

The property may not be
transferred and are subject to forfeiture under the terms of an
agreement between the taxpayer and the Company. These restrictions
lapse upon the satisfaction of certain conditions in such
agreement.

5.    The fair market value at
the time of transfer, determined without regard to any restriction
other than a restriction which by its terms will never lapse, of such
property is:
$                                .

6.    The
amount (if any) paid for such property is: $
                                .

The
undersigned has submitted a copy of this statement to the person for
whom the services were performed in connection with the
undersigned’s receipt of the above-described property. The
transferee of such property is the person performing the services in
connection with the transfer of said property.

The
undersigned understands that the foregoing election will not be
effective unless the applicable withholding obligations have been
satisfied and may not be revoked except with the consent of the
Commissioner.

	Dated:
                                        ,
200    	                                                                                                            

		Taxpayer

The
undersigned spouse of taxpayer joins in this
election.

	Dated:
                                        ,
200    	                                                                                                            

		Spouse
of Taxpayer

6

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