Document:

EXHIBIT
      10.22

     

    PETALS
      DECORATIVE ACCENTS, LLC

     

    NONNEGOTIABLE
      UNSECURED
      PROMISSORY NOTE

     

    
      	
              $________________________

              (Principal
                Amount at Maturity)

            	
              Dated:
                May __, 2006

            
	
              Ridgefield,
                Connecticut

            	
              Issue
                No._____

            

    

    

     

    Petals
      Decorative Accents, LLC, a limited liability company organized under the laws
      of
      the State of Delaware (the “Company”),
      for
      value received, hereby promises to pay to the order of
      __________________________ or registered assigns (the “Holder”),
      the
      principal amount at maturity of [1.4 x PURCHASE PRICE] dollars ($_________)
      (the
“Redemption
      Amount”)
      on
      December 31,
      2007
      (the “Maturity
      Date”),
      or
      such earlier date as this Note is required to be repaid as provided hereunder.
      This Note is one of a series of subordinated nonnegotiable unsecured promissory
      notes of like tenor issued by the Company pursuant to a subscription offering
      dated April __, 2006. As used herein, the term “Notes”
shall
      mean all of the nonnegotiable unsecured promissory notes issued pursuant to
      such
      subscription offering, and the term “Note”
shall
      mean any one of said Notes.

     

    1.    Payment
      Obligations of the Company Prior to the Maturity Date.
      The
      Company shall pre-pay this Note in quarterly installments on the fifteenth
      day
      of January, April, July and October, commencing on January 15, 2007 (each a
      “Payment
      Date”)
      and
      continuing until the earlier of the Note being paid in full or the Maturity
      Date. On each Payment Date, the Company shall make a cash payment to the Holder
      of an amount, if any, equal to the product of (x) $2.00 multiplied by the number
      of Orders (as defined below) shipped by the Company during the previous calendar
      quarter, multiplied by (y) a fraction, the numerator of which is equal to the
      unpaid Redemption Amount of this Note and the denominator of which is equal
      to
      the aggregate unpaid Redemption Amount of all outstanding Notes. On
      the
      Maturity Date, the Company will pay to the Holder in cash an amount, if any,
      equal to the Redemption Amount, less the sum of all payments therefore made
      by
      the Company to the Holder in respect of the Note. For purposes of this Note,
      an
“Order”
shall
      be an individual consumer purchase of one or more of our products made on a
      single occasion through our call-center or our website. Shipment will be deemed
      to have occurred when one or more items encompassed by an Order is placed in
      the
      hands of a common carrier for delivery to the purchaser. An order encompassing
      multiple items will be considered a single Order, and will be deemed to have
      been shipped on the earliest date when any of the items included in the Order
      was shipped. 

     

    2.    Manner
      of Payment.

     

    (a)    All
      payments by the Company under this Note shall be made by wire transfer, or
      in
      such other manner, as the Holder shall reasonably direct. Whenever any payment
      hereunder shall be stated to be due on a day other than a day of the year on
      which banks are not

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    required
      or authorized to close in Connecticut (any such other day being a “Business
      Day”), such payment shall be made on the next succeeding Business
      Day.

     

    (b)    The
      Company may prepay this Note at any time and from time to time in full or in
      part. All payments received by the Holder hereunder will be applied first to
      costs of collection, then to the balance of the Redemption Amount. 

     

    3.    No
      Security; Subordination.

     

    (a)    The
      Notes
      are not secured and no mortgage, security or lien is or shall be granted by
      the
      Company upon its assets as collateral security for the obligations of the
      Company evidenced thereby.

     

    (b)    The
      obligations of the Company evidenced by the Notes are expressly junior and
      subordinate to the prior payment in full of all Senior Indebtedness of the
      Company. “Senior
      Indebtedness”
means
      the principal of, and premium, if any, and interest on (i) all indebtedness
      of
      the Company for monies borrowed from banks, trust companies, insurance companies
      and other financial institutions, including commercial paper and accounts
      receivable sold or assigned by the Company to such institutions (whether or
      not
      secured), (ii) all indebtedness of the Company for monies borrowed by the
      Company from other persons or entities, (iii) obligations of the Company as
      lessee under leases of real or personal property, (iv) principal of, and
      premium, if any, and interest on any indebtedness or obligations of others
      of
      the kinds described in (i), (ii) and (iii) above assumed or guaranteed in any
      manner by the Company, (v) deferrals, renewals, extensions and refundings of
      any
      such indebtedness or obligations described in (i), (ii), (iii) and (iv) above,
      and (vi) any other indebtedness of the Company which the Company and the Holders
      of more that sixty seven percent (67%) of the aggregate outstanding principal
      amount of the Notes (the “Requisite
      Majority”)
      hereafter from time to time expressly and specifically agree in writing shall
      constitute Senior Indebtedness. Notwithstanding the foregoing, “Senior
      Indebtedness”
shall
      not include indebtedness of the Company evidenced by the other Notes, which
      shall rank equally and ratably with this Note.

     

    (c)    Each
      registered owner of Notes agrees to execute from time to time any subordination
      agreement(s) the Company and the holders of Senior Indebtedness may request
      to
      better reflect the aforesaid subordination of the Notes to any Senior
      Indebtedness incurred by the Company. In the event of any insolvency or
      bankruptcy proceedings, or any receivership, liquidation, reorganization or
      other similar proceedings in connection therewith, relative to the Company
      or to
      its property, or, in the event of any proceedings for voluntary liquidation,
      dissolution or other winding up of the Company or distribution or marshalling
      of
      its assets or any composition with creditors of the Company, whether or not
      involving insolvency or bankruptcy, then and in any such event all Senior
      Indebtedness shall be paid in full before any payment or distribution of any
      character shall be made on account of this Note.

     

    (d)    The
      Holder, by accepting this Note, agrees that the subordination effected hereby
      is
      for the benefit of the holders of Senior Indebtedness from time to time, and
      that each holder of Senior Indebtedness, whether now outstanding or hereafter
      created, incurred, assumed or guaranteed shall be deemed to have acquired Senior
      Indebtedness in reliance upon the covenants and provisions contained herein.
      The
      subordination effected hereby shall be

     

    
      
         

      

      
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    enforceable
      by each holder of Senior Indebtedness from time to time. Subject to the rights
      of the holders of Senior Indebtedness under this Section
      0,
      nothing
      contained in this Section
      0
      shall
      impair, as between the Company and the Holders, the obligations of the Company,
      subject to the terms and conditions hereof, to pay the Holder the principal
      hereof upon default hereunder, or shall prevent the Holder of this Note, upon
      default hereunder, from exercising all rights, powers and remedies otherwise
      provided herein or by applicable law.

     

    4.    Events
      of Default and Right to Cure.
      Event
      of Default, whenever used herein, means any one of the following (regardless
      of
      the reason or cause of such Event of Default):

     

    (a)    The
      failure to pay any amount when due which failure shall continue for ten (10)
      Business Days after the Company shall receive written notice thereof from the
      Holder;

     

    (b)    The
      failure of the Company to perform any covenant or agreement set forth in this
      Note, which failure shall continue un-remedied for a period of thirty (30)
      days
      following the date on which any Holder gives the Company written notice
      thereof;

     

    (c)    The
      entry
      of any decree or order by a court having jurisdiction adjudging the Company
      a
      debtor or insolvent, or approving as properly filed a petition seeking
      reorganization, arrangement, adjustment or composition of or in respect of
      the
      Company under the Bankruptcy Code or any other applicable federal or state
      law,
      the appointment of a receiver, liquidator, assignee, trustee, sequestrator
      or
      other similar official of the Company, or of any substantial part of the
      property of the Company, and the continuance of any such decree or order
      unstayed, undischarged, or undismissed and in effect for more than ninety (90)
      consecutive days;

     

    (d)    Institution
      by the Company of proceedings, under the Bankruptcy Code or any other applicable
      federal or state law, seeking an order for relief, or the consent of the Company
      to the institution of bankruptcy or insolvency proceedings against the Company,
      or the consent by the Company to the filing of any such petition or to the
      appointment of a receiver, liquidator, assignee, trustee, sequestrator or other
      similar official of or for the Company or any substantial part of the property
      of the Company, or the making by the Company of any assignment for the benefit
      of creditors, or the admission by the Company of the Company’s inability to pay
      its debts generally as they become due, or the taking of any action by the
      Company in furtherance of any such action; or

     

    (e)    Any
      default of the Company under any Senior Indebtedness that gives the holder
      thereof the right to accelerate such Senior Indebtedness, if such Senior
      Indebtedness is in fact accelerated by the Holder.

     

    If
      any
      Event of Default occurs, the Requisite Majority, by written notice to the
      Company, may:

     

    (i)    declare
      the entire unpaid Redemption Amount of the Notes due and payable and such amount
      shall thereupon become due and payable without presentment, notice, protest
      or
      demand of any kind (all of which are expressly waived by the
      Company);

     

    
      
         

      

      
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    (ii)    take
      all
      actions available to them, at law or in equity, to collect and otherwise enforce
      the Notes (subject to the terms of the subordination in favor of the Senior
      Indebtedness as hereinbefore provided); and

     

    (iii)    assess
      interest on any payments which have become due pursuant to Section
      0
      of this
      Note and which have not yet been paid at an annual interest rate equal to
      eighteen percent (18%).

     

    Without
      the approval of the Requisite Majority, no Holder, upon the occurrence of an
      Event of Default, shall have the right to undertake any of the types of actions
      described in clauses (i), (ii) or (iii) hereof or any other enforcement or
      collection action with respect to the Notes.

     

    5.    Amendment.
      The
      terms of the Notes (and this Note) may be modified by the Company and the
      Requisite Majority; provided that the Company and the Requisite Majority may
      not
      authorize any amendment of the Notes that reduces the Redemption Amount or
      that
      does not amend or affect each Note and each Holder in the same
      manner.

     

    6.    Assignment.
      Subject
      to the restrictions on transfer by the Holder, the rights and obligations of
      the
      Company and the Holder of this Note shall be binding upon and inure to the
      benefit of the successors, assigns, heirs, administrators and transferees of
      the
      parties.

     

    7.    Additional
      Terms and Conditions.
      The
      Company (i) waives presentment, demand, notice of demand, protest, notice of
      protest, and notice of nonpayment and any other notice required to be given
      under the law to the Company, in connection with the delivery, acceptance,
      performance, default or enforcement of the Notes, except for notice of proposed
      transfer of a Note in accordance with the terms hereof; (ii) agrees that any
      failure to act or failure to exercise any right or remedy, on the part of the
      registered owner shall not in any way affect or impair the obligations of the
      Company or be construed as a waiver by the owner of, or otherwise affect, any
      of
      its rights under the Notes; and (iii) agrees to pay, on demand, all costs and
      expenses of collection of Notes and/or the enforcement of the owner’s rights
      thereunder, including reasonable attorney’s fees and disbursements.

     

    8.    Invalidity.
      In the
      event any one or more of the provisions of the Notes shall for any reason be
      held to be invalid, illegal or unenforceable, in whole or in part or in any
      respect, or in the event that any one or more of the provisions of the Notes
      operate or would prospectively operate to invalidate the Notes, then and in
      either of those events, such provision or provisions only shall be deemed null
      and void and shall not affect any other provision of the Notes and the remaining
      provisions of the Notes shall remain operative and in full force and effect
      and
      shall in no way be affected, prejudiced and disturbed thereby.

     

    9.    Governing
      Law.
      This
      Note shall be governed by and construed in accordance with the laws of the
      State
      of Connecticut and the laws of the United States applicable therein (without
      giving effect to any choice or conflict of laws provision or rule that would
      cause the application of the laws of any other jurisdiction) and shall be
      treated in all respects as a Connecticut contract.

     

    
      
         

      

      
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    10.    Notices.
      Except
      as otherwise provided, all notices and other communications required or
      permitted hereunder shall be in writing, shall be effective when given, and
      shall in any event be deemed to be given upon receipt or, if earlier, (i) five
      (5) days after deposit with the U.S. postal service or other applicable postal
      service, if delivered by first class mail, postage prepaid, (ii) upon delivery,
      if delivered by hand, (iii) one (1) business day after the day of deposit with
      Federal Express or similar overnight courier, freight prepaid, if delivered
      by
      overnight courier or (iv) one (1) business day after the day of facsimile
      transmission, if delivered by facsimile transmission with copy by first class
      mail, postage prepaid, and shall be addressed, (a) if to the Holder, at
      ________________________________________, or at such other address as such
      Holder shall have furnished the Company in writing, or (b) if to the Company,
      at
      Executive Pavilion, 90 Grove Street, Ridgefield, Connecticut 06877, or at such
      other address as the Company shall have furnished to the Holder in writing,
      with
      a copy to David A. Broadwin, Esq., Foley Hoag LLP, Seaport World Trade Center
      West, 155 Seaport Boulevard, Boston, MA 02210; fax (617) 832-7000.

     

    
      
         

      

      
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    IN
      WITNESS WHEREOF, this Note has been duly executed and delivered by the Company
      as of the date first written above.

     

    
      	 	
              HOLDER:

            	 	COMPANY:
	 	 	 	 	 
	 	      
	 	PETALS
              DECORATIVE ACCENTS, LLC
	 	 	 	 	 
	By:	
                 
                

            	 	By:	
              /s/
                Christopher Topping

            
	 	 	 	 	Christopher
              Topping
              Chief
                Executive OfficerEX 10.1

    EXHIBIT
      10.1

     

    WARRANT
      PURCHASE AGREEMENT 

     

    This
      Warrant
      Purchase Agreement (this
      “Agreement”)
      is
      made and entered into as of the 30th
      day of
      June, 2006, between Streicher Mobile Fueling, Inc., a Florida corporation (the
      “Company”)
      and the
      investors listed on Exhibit
      A
      (each, a
“Purchaser”
and
      collectively, the “Purchasers”
and,
      together with the Company, the “Parties”)
      and
      is
      delivered and executed in connection with the Company’s sale of Warrants (as
      defined below).

     

    1. DESCRIPTION
      OF WARRANTS.

     

    (a) This
      Agreement sets forth the terms and conditions under which each Purchaser will
      purchase a warrant
      to purchase that number of shares of
      the
      Company’s common stock, $.01 par value (“Common
      Stock”),
      as
      set forth opposite such Purchaser’s name on Exhibit
      A
      (the
“Transaction”).
      Each
      warrant shall be in the form attached as Exhibit
      B
      (the
“Warrant”).
      The
      exercise price of each Warrant shall be a per share price equal to
      $2.54.

    

    (b) The
      aggregate exercise price of each Warrant may be paid by the Purchaser to the
      Company only by surrender and cancellation of the promissory notes issued by
      the
      Company to such Purchaser, or subsequently transferred to the Purchaser, that
      are identified opposite such Purchaser’s name on Exhibit
      A
      (the
“Notes”),
      including all or any portion of the principal, interest and any prepayment
      penalty then owed upon payment of the Notes, with the tender by Purchaser of
      any
      portion of the principal as payment for the exercise of the Warrant being deemed
      a payment of the Notes by the Company to the extent of such exercise.

    

    (c) The
      offer
      and sale of Warrants by the Company is limited to “accredited investors” as
      defined in Rule 501(a) of Regulation D promulgated under the Securities Act
      of
      1933, as amended. 

    

    2. OFFER.

     

    (a) Each
      Purchaser, by signing this Agreement, (i) agrees to abide by, and be subject
      to,
      all applicable terms and conditions of the Warrant and (ii) offers to purchase
      a
      Warrant to purchase the aggregate number of shares of Common Stock as set forth
      opposite such Purchaser’s name on Exhibit
      A,
      which
      Warrant is being issued to Purchaser as consideration for the Purchaser waiving
      all limitations on the prepayment of the Notes and waiving that portion of
      the
      penalty for prepayment of the Notes shown on Exhibit
      A
      (the
“Warrant
      Consideration”)
      as
      identified opposite such Purchaser’s name on Exhibit
      A.

     

    (b) From
      and
      after the date of this Agreement and during the term of the Warrants, all
      principal payments due and owing to each Purchaser on the Notes shall be
      suspended. Upon expiration of any Warrant, if and to the extent that such
      Warrant has not been exercised by Purchaser or any subsequent holder thereof,
      any previously suspended principal payment shall be due and payable to the
      holder of such Notes at the time that the next regularly scheduled payment
      of
      principal is due on such Notes, to be paid in the manner set forth in
      such

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Notes.
      During the period of time that the Warrants are exercisable, interest shall
      continue to accrue on the Notes in accordance with their terms, except that
      any
      penalties or increases in the interest rate that might otherwise be triggered
      on
      account of the failure to make any regularly scheduled payment of interest
      on
      account of the suspension of the obligation to make principal payments are
      waived by Purchaser and any subsequent holders of the Warrants.

     

    (c) The
      Company shall have the right, in its sole and absolute discretion, to reject
      or
      accept any Purchaser’s offer to purchase Warrants pursuant to this Agreement. If
      the Company accepts a Purchaser’s offer, the Company shall execute this
      Agreement and return a copy of the Agreement, and issue an original Warrant,
      to
      such Purchaser. If the Company rejects a Purchaser’s offer, the Company shall
      return to such Purchaser this Agreement, together with any payment made by
      such
      Purchaser to the Company, without interest or deduction.

     

    3. RECEIPT
      OF DOCUMENTS. Each
      Purchaser acknowledges receipt of a copy of: (a) this Agreement; (b) the
      Warrant; (c) the Company’s Annual Report on Form 10-K for the year ended June
      30, 2005 (the “10-K”);
      (d)
      the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2006
      (the “10-Q”);
      and
      (e) the Company’s Proxy Statement for the Company’s 2005 Annual Meeting of
      Shareholders filed with the SEC on October 28, 2005 (the “Proxy”);
      (collectively, the “Documents”).
      The
      10-K, 10-Q and Proxy were furnished to the Purchasers via EDGAR.

     

    4. REPRESENTATIONS
      AND WARRANTIES OF PURCHASER.
      Each
      Purchaser represents and warrants to the Company as follows:

    

    (a) Purchaser,
      either alone or through Purchaser’s representative, as that term is defined
      under Rule 501(h)
      of
      Regulation D
      under
      the
      Securities Act (the
      “Purchaser’s
      Representative”),
      if
      any, has had an opportunity to ask questions of, and receive answers from,
      duly
      designated representatives
      of
      the
      Company concerning the terms and conditions of this Agreement and has been
      afforded an opportunity to examine such documents and other information which
      Purchaser or Purchaser’s Representative, if any, has requested for the purpose
      of answering any question Purchaser or Purchaser’s Representative, if any, may
      have concerning the business and affairs of the Company. 

     

    (b) Purchaser’s
      principal residence or domicile is located in the State set
      forth
      opposite such Purchaser’s name on Exhibit
      A.
      Purchaser has received and reviewed this Agreement and the Documents and
      acknowledges the Company made available to Purchaser and Purchaser’s
      Representative, if any, at a reasonable time prior to the execution of this
      Agreement, the opportunity to ask questions and receive answers concerning
      the
      business and affairs of the Company and the terms and conditions of the sale
      of
      the Warrants
      and the shares of Common Stock which may be obtained by exercise of the Warrants
      (collectively, the “Securities”)
      as
      contemplated by this Agreement and to obtain any additional information (which
      the Company possesses or can acquire without unreasonable effort or expense)
      as
      may be necessary to verify the accuracy of information furnished to Purchaser
      or
      Purchaser’s Representative, if any. Purchaser (i)
      is
      able
      to bear the loss of its entire investment without any material adverse effect
      on
      its economic stability, and (ii)
      has
      such
      knowledge and experience in financial and business matters that it is capable
      of
      evaluating the merits and risks of the investment to be made by Purchaser
      pursuant to this Agreement. 

     

    
      
        
        

      

      
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    (c) Purchaser
      and Purchaser’s Representative, if any, understand that the Securities are being
      offered and sold only to “accredited investors” (as that term is defined under
      Rule 501(a) of Regulation D), and Purchaser represents that Purchaser is an
      accredited investor. Purchaser and Purchaser’s Representative, if any understand
      the Company is relying on Purchaser with respect to the accuracy of this
      representation. Purchaser has completed and returned a copy of Schedule
      A
      and
      Purchaser represents that the statements made therein are complete and
      accurate.

     

    (d) Purchaser
      and Purchaser’s Representative, if any, understand that this Agreement may not
      comply with the information requirements of Regulation D
      for
      offers and sales to non-accredited investors (see Regulation D,
      Rule
      502(b)),
      and,
      consequently, Purchaser understands the significance of its representation
      to
      the Company that Purchaser is an accredited investor. Purchaser and Purchaser’s
      Representative, if any, acknowledge that they were encouraged by the Company
      to
      request all additional information
      which
      might be material or important in order for Purchaser to make an informed
      investment decision with respect to the Company. 

     

    (e) The
      Securities
      are
      being purchased for investment purposes only for such Purchaser’s own account
      and not with the view to, or for resale in connection with, any distribution
      or
      public offering. Purchaser and Purchaser’s Representative, if any, understand
      that the Securities have not been registered under the Securities Act or any
      state securities
      laws
      by
      reason of their contemplated issuance in transactions exempt from the
      registration requirements of the Securities
      Act
      and
      applicable state securities laws, and that the reliance of the Company and
      others upon these exemptions is predicated in part upon the representation
      by
      Purchaser. Purchaser and Purchaser’s Representative, if any, understands that
      the Securities may not be transferred or resold without the prior approval
      of
      the Company. 

     

    (f) Purchaser
      and Purchaser’s Representative, if any, have carefully read this Agreement, the
      Documents and the other information furnished to Purchaser by the Company in
      connection with this Agreement. 

     

    (g) Purchaser
      was not solicited to purchase the Securities by any means of general
      solicitation, including, but not limited to, the following: (i)
      any
      advertisement, article, notice or other communication published in any
      newspaper, magazine, or similar media, or broadcast over television or radio;
      or
      (ii)
any
      meeting where attendees were invited by any general solicitation or general
      advertising. 

     

    (h) Purchaser
      and Purchaser’s Representative, if any, are aware that the Warrants and the
      shares of Common Stock issuable
      upon
      exercise of the Warrants (the “Shares”),
      are
      and will be, when issued, “restricted securities,”
      as that
      term is defined in Rule 144 of the rules and regulations promulgated under
      the
      Securities Act. Purchaser and Purchaser’s
      Representative,
      if any, are aware of the applicable limitations on the resale of the Shares.
      Rule 144 only permits sales of “restricted securities” held for at least one
      year and in transactions which otherwise comply with the requirements of such
      Rule. Purchaser and Purchaser’s Representative, if any, acknowledge that, if
      Rule 144 is available to Purchaser for the sale of the Shares, Purchaser may
      make only routine sales of the Shares in limited amounts in accordance with
      the
      terms and conditions of Rule 144. Purchaser and Purchaser’s Representative, if
      any, are aware that while

     

    
      
        
        

      

      
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    there
      is
      a trading market for the Common Stock on the Nasdaq Small Cap Market, the
      trading price for the Common Stock has been highly volatile, the Common Stock
      has sometimes been thinly traded and, while the Company currently meets the
      public information requirements of Rule 144, there is no guarantee that it
      will
      do so at any time in the future. 

     

    (i) Purchaser
      and Purchaser’s Representative, if any, understand that, in the absence of an
      effective registration statement covering the shares at the time of issuance,
      any and all certificates representing the Shares shall bear a legend
      substantially as follows, which legend Purchaser has read and
      understands:

     

    THE
      SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933 (THE “ACT”)
      OR THE
      SECURITIES LAWS OF ANY STATE AND ARE “RESTRICTED SECURITIES” AS THAT TERM IS
      DEFINED IN RULE 144 UNDER THE ACT. SUCH SHARES MAY NOT BE OFFERED FOR SALE,
      SOLD
      OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
      UNDER THE ACT AND THE APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN
      EXEMPTION FROM REGISTRATION THEREUNDER, THE AVAILABILITY OF WHICH IS TO BE
      ESTABLISHED TO THE SATISFACTION OF COUNSEL TO THE ISSUER.

     

    (j) Purchaser
      and Purchaser’s Representative, if any, acknowledge and warrant that, in making
      this investment decision, they have made their own independent assessment of
      the
      merits and risks of an investment in the Securities based on their examination
      and evaluation of the Company, its business, operations, financial condition,
      future prospects and the skills and qualifications of its officers, directors
      and employees. Purchaser and Purchaser’s Representative, if any, have consulted
      Purchaser’s own attorney, business or tax advisors for legal, business or tax
      advice concerning an investment in the Securities and have not relied on the
      Company.

    

    (k) Purchaser
      and Purchaser’s Representative, if any, represent and warrant that, except as
      set forth in this Agreement and in the Documents, no representations or
      warranties have been made to the Purchaser or Purchaser’s Representative, if
      any, by the Company or any agent, employee, representative or affiliate of
      the
      Company and that, in entering into this transaction and subscribing for the
      Warrants, neither the Purchaser nor the Purchaser’s Representative, if any, is
      relying on any information other than that contained in this Agreement, the
      Documents, and other written information obtained from the Company in the course
      of the independent investigation by Purchaser or Purchaser’s Representative, if
      any.

    

    (l) 
      Purchaser and Purchaser’s Representative, if any, acknowledge that at such time,
      if ever, as the Shares are registered with the Securities and Exchange
      Commission, sales of such securities will still be subject to federal and state
      securities laws which may require, among other things, Purchaser’s Shares to be
      sold through a registered broker-dealer or in reliance upon an exemption from
      state registration.

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    (m) Purchaser
      and Purchaser’s Representative, if any, represent and warrant that Purchaser can
      bear the economic risk of loss of Purchaser’s entire investment in the Company.
      Purchaser and Purchaser’s Representative, if any, understand that an investment
      in the Company involves substantial risks, including, without limitation, those
      described in the Documents, including but not limited to the 10-K and the
      10-Q.

     

    5. INDEMNIFICATION
      BY PURCHASERS.
      Each
      Purchaser agrees that it shall indemnify and hold harmless the Company and
      its
      officers, directors, employees, agents and professional advisors from and
      against any and all loss, damage, liability, or expense, including costs and
      reasonable attorneys’ fees, that any one or more of the foregoing may incur by
      reason of, or in connection with, any (i) misrepresentation, inaccurate
      statement or material omission or (ii) breach of any warranties or failure
      to
      fulfill any covenants, agreements or obligations, by such Purchaser or
      Purchaser’s Representative, if any, in this Agreement.

    

    6. AUTHORIZATION.
      Each
      Purchaser authorizes the Company and its officers, employees and agents to
      investigate such Purchaser’s personal and business background including, without
      limitation, communication with any employer, former employer, business
      associate, government agency, bank or other credit reference. Each Purchaser
      authorizes any person, organization or entity that may have any knowledge or
      information concerning such Purchaser’s personal or business background to
      provide such information to the Company as the Company may request.

    

    7. NO
      BROKERS OR FINDERS.
      No
      person, firm or corporation has or will have, as a result of any act or omission
      by any Purchaser, any right, interest or valid claim against such Purchaser
      or
      the Company for any commission, fee or other compensation as a finder
      or
      broker, or in any similar capacity, in connection with the transactions
      contemplated by this Agreement.

    

    8. REGISTRATION
      RIGHTS. Nothing
      contained in this Section
      8
      shall be
      construed as requiring the exercise of the Warrant prior to the initial filing
      of any registration statement provided for in this Section
      8
      or the
      effectiveness thereof. 

    

    (a) Registration.
      The
      Company shall make its reasonable best efforts to prepare and file with the
      Securities and Exchange Commission, on or prior to July 31, 2006, a Registration
      Statement covering the resale of the Shares (the “Registrable
      Shares”)
      for an
      offering to be made on a continuous basis pursuant to Rule 415. The Registration
      Statement shall be on Form S-3 (except if the Company is not then eligible
      to
      register for resale the Registrable Securities on Form S-3, in which case such
      registration shall be on another appropriate form in accordance herewith).
      Subject to the terms of this Agreement, the Company shall make its reasonable
      best efforts to cause the Registration Statement to be declared effective under
      the Securities Act as promptly as possible after the filing
      thereof.

    

    (b) Obligations
      of the Company.
      In
      connection with the registration of the Shares, the Company shall:

    

    (i) use
      its
      reasonable best efforts to keep the Registration Statement effective at all
      times until the earlier of (A) two (2) years from the expiration date of the
      Warrants or (B) the date on which all Registrable Shares have been sold by
      the
      holders

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    thereof
      (the “Registration
      Period”);
      and
      make its reasonable best efforts to submit to the SEC, within three (3) Business
      Days after the Company learns that no review of the Registration Statement
      will
      be made by the staff of the SEC or the staff of the SEC has no further comments
      on the Registration Statement, as the case may be, a request for acceleration
      of
      the effectiveness of the Registration Statement to a time and date not later
      than forty-eight (48) hours after the submission of such request; and make
      its
      reasonable best efforts to notify the Purchasers of the effectiveness of the
      Registration Statement on the date the Registration Statement is declared
      effective; and the Company represents and warrants to, and covenants and agrees
      with the Purchasers that the Registration Statement (including any amendments
      or
      supplements thereto and prospectuses contained therein, at the time it is first
      filed with the SEC, at the time it is ordered effective by the SEC and at all
      times during which it is required to be effective hereunder) and each such
      amendment and supplement at the time it is filed with the SEC and all times
      during which it is available for use in connection with the offer and sale
      of
      Shares shall not contain any untrue statement of a material fact or omit to
      state a material fact required to be stated therein, or necessary to make the
      statements therein, in light of the circumstances in which they were made,
      not
      misleading;

    

    (ii) make
      its
      reasonable best efforts to prepare and file with the SEC such amendments
      (including post-effective amendments) and supplements to the Registration
      Statement and the prospectus used in connection with the Registration Statement
      as may be necessary to keep the Registration Statement effective at all times
      during the Registration Period, and during the Registration Period, comply
      with
      the provisions of the Securities Act with respect to the disposition of all
      Shares covered by the Registration Statement until such time as all of such
      Shares have been disposed of in accordance with the intended methods of
      disposition by the Purchasers as set forth in the Registration
      Statement;

    

    (iii) furnish
      to the Purchasers (1) promptly after the same is prepared and publicly
      distributed, filed with the SEC or received by the Company, one copy of the
      Registration Statement and any amendment thereto, each preliminary prospectus
      and prospectus and each amendment or supplement thereto, each letter written by
      or on behalf of the Company to the SEC or the staff of the SEC and each item
      of
      correspondence from the SEC or the staff of the SEC relating to such
      Registration Statement (other than any portion of any thereof which contains
      information for which the Company has sought confidential treatment) and (2)
      such number of copies of a prospectus, including a preliminary prospectus and
      all amendments and supplements thereto and such other documents, as such
      Purchaser reasonably may request in order to facilitate the disposition of
      the
      Shares;

    

    (iv) use
      its
      reasonable best efforts to register and qualify the Shares covered by the
      Registration Statement under such securities or blue sky laws of such
      jurisdictions as the Purchasers who hold at least sixty-six and two-thirds
      percent (662/3%)
      of the
      Registrable Shares being offered reasonably request and use reasonable efforts
      to (1) prepare and file in those jurisdictions such amendments (including
      post-effective amendments) and supplements to such registrations and
      qualifications as may be

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

    necessary
      to maintain the effectiveness thereof at all times until the end of the
      Registration Period, (2) take such other actions as may be necessary to
      maintain such registrations and qualifications in effect at all times during
      the
      Registration Period and (3) take all other actions reasonably necessary or
      advisable to qualify the Shares for sale in such jurisdictions; provided,
      however, that the Company shall not be required in connection therewith or
      as a
      condition thereto (1) to qualify to do business in any jurisdiction where
      it would not otherwise be required to qualify but for this Section
      8(b)(iv),
      (2) to subject itself to general taxation in any such jurisdiction,
      (3) to file a general consent to service of process in any such
      jurisdiction or (4) to make any change in its Articles of Incorporation or
      Bylaws which the Board of Directors of the Company determines to be contrary
      to
      the best interests of the Company and its shareholders;

    

    (v) as
      promptly as practicable after becoming aware of such event or circumstance,
      notify the Purchasers of any event or circumstance of which the Company has
      knowledge, as a result of which the prospectus included in the Registration
      Statement, as then in effect, includes an untrue statement of a material fact
      or
      omits to state a material fact required to be stated therein or necessary to
      make the statements therein, in light of the circumstances under which they
      were
      made, not misleading, and use its reasonable best efforts promptly to prepare
      a
      supplement or amendment to the Registration Statement to correct such untrue
      statement or omission, file such supplement or amendment with the SEC at such
      time as shall permit the Purchasers to sell Shares pursuant to the Registration
      Statement as promptly as practicable, and deliver a number of copies of such
      supplement or amendment to the Purchasers as the Purchasers may reasonably
      request;

    

    (vi) as
      promptly as practicable after becoming aware of such event, notify the
      Purchasers (or, in the event of an underwritten offering the managing
      underwriters) of the issuance by the SEC of any stop order or other suspension
      of effectiveness of the Registration Statement at the earliest possible
      time;

    

    (vii) permit
      one legal counsel designated by the Purchasers holding at least sixty-six and
      two-thirds percent (662/3%)
      of the
      Registrable Shares being sold to review and comment on the Registration
      Statement and all amendments and supplements thereto a reasonable period of
      time
      prior to their filing with the SEC;

    

    (viii) use
      its
      reasonable best efforts to make generally available to its security holders
      as
      soon as practical, but not later than ninety (90) days after the close of the
      period covered thereby, an earnings statement (in form complying with the
      provisions of Rule 158 under the Securities Act) covering a twelve (12) month
      period beginning not later than the first day of the Company’s fiscal quarter
      next following the effective date of the Registration Statement;

    

    (ix) during
      the period the Company is required to maintain effectiveness of the Registration
      Statement pursuant to Section
      8(b)(i),
      the
      Company shall not bid for or purchase any Common Stock or other securities
      or
      any right to purchase Common Stock or other securities or attempt to induce
      any
      person to purchase any such

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

    security
      or right if such bid, purchase or attempt would in any way limit the right
      of
      the Purchasers to sell Shares by reason of the limitations set forth in
      Regulation M under the Securities Exchange Act of 1934, as amended (the
“Exchange
      Act”);
      and

    

    (x) take
      all
      other reasonable actions necessary to expedite and facilitate disposition by
      the
      Purchasers of the Shares pursuant to the Registration Statement.

    

    (c) Obligations
      of the Purchasers.
      In
      connection with the registration of the Shares, each Purchaser shall have the
      following obligations:

    

    (i) it
      shall
      be a condition precedent to the obligations of the Company to complete the
      registration pursuant hereto with respect to such Purchaser’s Shares that such
      Purchaser shall furnish to the Company such information regarding Purchaser,
      the
      Warrants and/or Shares held by such Purchaser and the intended method of
      disposition of the Shares held by such Purchaser as shall be reasonably required
      to effect the registration of such Shares and shall execute such documents
      in
      connection with such registration as the Company may reasonably request. At
      least five (5) days prior to the first anticipated filing date of the
      Registration Statement, the Company shall notify the Purchaser of the
      information the Company requires from the Purchaser (the “Requested
      Information”)
      if any
      of such Purchaser’s Shares are eligible for inclusion in the Registration
      Statement. If at least two (2) Business Days prior to the filing date the
      Company has not received the Requested Information from such Purchaser (at
      such
      time such Purchaser becoming a “Non-Responsive
      Purchaser”),
      then
      the Company may file the Registration Statement without including the Shares
      of
      the Non-Responsive Purchaser;

    

    (ii) by
      such
      Purchaser’s acceptance of the Shares, such Purchaser agrees to cooperate with
      the Company as reasonably requested by the Company in connection with the
      preparation and filing of the Registration Statement hereunder, unless such
      Purchaser has notified the Company in writing of such Purchaser’s election to
      exclude all of such Purchaser’s Shares from the Registration
      Statement;

    

    (iii) in
      the
      event the Purchasers holding at least sixty-six and two-thirds percent
      (662/3%)
      of the
      Registrable Shares being registered determine to engage the services of an
      underwriter, the Purchasers agree to enter into and perform the Purchasers’
obligations under an underwriting agreement, in usual and customary form,
      including, without limitation, customary indemnification and contribution
      obligations, with the managing underwriter of such offering and take such other
      actions as are reasonably required in order to expedite or facilitate the
      disposition of Shares, unless any Purchaser have notified the Company in writing
      of such Purchaser’s election to exclude all of such Purchaser’s Shares from the
      Registration Statement;

    

    (iv) such
      Purchaser agrees that, upon receipt of any notice from the Company of the
      happening of any event of the kind described in Section
      8(b)(v),
      such

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

    Purchaser
      will immediately discontinue disposition of Shares pursuant to the Registration
      Statement covering such Shares until such Purchaser’s receipt of the copies of
      the supplemented or amended prospectus contemplated by Section
      8(b)(v)
      and, if
      so directed by the Company, such Purchaser shall deliver to the Company (at
      the
      expense of the Company) or destroy (and deliver to the Company a certificate
      of
      destruction) all copies in such Purchaser’s possession of the prospectus
      covering such Shares current at the time of receipt of such notice;

    

    (v) such
      Purchaser may not participate in any underwritten registration hereunder unless
      such Purchaser (1) agrees to sell such Purchaser’s Shares on the basis
      provided in any underwriting arrangements approved by the Purchasers entitled
      hereunder to approve such arrangements, (2) completes and executes all
      questionnaires, powers of attorney, indemnities, underwriting agreements and
      other documents reasonably required under the terms of such underwriting
      arrangements and (3) agrees to pay its pro rata share of all underwriting
      discounts and commissions and other fees and expenses of investment bankers
      and
      any manager or managers of such underwriting and legal expenses to the
      underwriters applicable with respect to its Shares, in each case to the extent
      not payable by the Company pursuant to the terms of this Agreement;
      and

    

    (vi) such
      Purchaser agrees to take all reasonable actions necessary to comply with the
      prospectus delivery requirements of the Securities Act applicable to its sales
      of Shares.

    (vii) 

    (d) Expenses
      of Registration.
      All
      costs and expenses, other than underwriting or brokerage discounts, commissions
      and other fees related to the distribution of the Registrable Shares, incurred
      in connection with registrations, filings or qualifications pursuant to
Sections
      8(a)
      and
8(b),
      including, without limitation, all registration, listing and qualifications
      fees, printers and accounting fees and the fees and disbursement of counsel
      for
      the Company shall be borne by the Company, provided, however, that the
      Purchasers shall bear the fees and out-of-pocket expenses of the one legal
      counsel selected by the Purchasers pursuant to Section
      8(b)(vii)
      hereof.

    

    (e) Indemnification.
      In the
      event any Shares are included in a Registration Statement under this
      Agreement:

    

    (i) To
      the
      extent permitted by law, the Company will indemnify and hold harmless each
      Purchaser, the directors, if any, of each Purchaser, the officers, if any,
      of
      each Purchaser, each person, if any, who controls Purchaser within the meaning
      of the Securities Act or the Exchange Act, any underwriter (as defined in the
      Securities Act) for any Purchaser, the directors, if any, of such underwriter
      and the officers, if any, of such underwriter, and each person, if any, who
      controls any such underwriter within the meaning of the Securities Act or the
      Exchange Act (each, an “Indemnified
      Person”),
      against any losses, claims, damages, liabilities or expenses (joint or several)
      incurred (collectively, “Claims”)
      to
      which any of them may become subject under the Securities Act, the Exchange
      Act
      or otherwise, insofar as such Claims (or actions or proceedings, whether
      commenced or threatened, in respect thereof) arise out of or are based upon
      any

    
      
        
        

      

      
        -9-

        
          

        

      

      
        
        

      

    

    of
      the
      following statements, omissions or violations in the Registration Statement
      or
      any post-effective amendment thereof, or any prospectus included therein:
      (1) any untrue statement or alleged untrue statement of a material fact
      contained in the Registration Statement or any post-effective amendment thereof
      or the omission or alleged omission to state therein a material fact required
      to
      be stated therein or necessary to make the statements therein not misleading,
      (2) any untrue statement or alleged untrue statement of a material fact
      contained in any preliminary prospectus if used prior to the effective date
      of
      such Registration Statement, or contained in the final prospectus (as amended
      or
      supplemented, if the Company files any amendment thereof or supplement thereto
      with the SEC) or the omission or alleged omission to state therein any material
      fact necessary to make the statements made therein, in light of the
      circumstances under which the statements therein were made, not misleading
      or
      (3) any violation or alleged violation by the Company of the Securities
      Act, the Exchange Act, any state securities law or any rule or regulation under
      the Securities Act, the Exchange Act or any state securities law (the matters
      in
      the foregoing clauses (1) through (3) being, collectively, “Violations.”)
      Subject to the restrictions set forth in Section
      8(e)(iv)
      with
      respect to the number of legal counsel, the Company shall reimburse the
      Purchasers and the other Indemnified Persons, promptly as such expenses are
      incurred and are due and payable, for any legal fees or other reasonable
      expenses incurred by them in connection with investigating or defending any
      such
      Claim. Notwithstanding anything to the contrary contained herein, the
      indemnification agreement contained in this Section
      8(e)(i):
      (1) shall not apply to a Claim arising out of or based upon a Violation
      which occurs in reliance upon and in conformity with information furnished
      in
      writing to the Company by any Indemnified Person or underwriter for such
      Indemnified Person expressly for use in connection with the preparation of
      the
      Registration Statement, the prospectus or any such amendment thereof or
      supplement thereto, if such prospectus was timely made available by the Company
      pursuant to Section
      8(e)(iii)
      hereof;
      (2) with respect to any preliminary prospectus shall not inure to the
      benefit of any Indemnified Person if the untrue statement or omission of
      material fact contained in the preliminary prospectus was corrected in the
      prospectus, as then amended or supplemented, if such prospectus was timely
      made
      available by the Company pursuant to Section
      8(b)(iii)
      hereof,
      and (3) shall not apply to amounts paid in settlement of any Claim if such
      settlement is effected without the prior written consent of the Company, which
      consent shall not be unreasonably withheld. Such indemnity shall remain in
      full
      force and effect regardless of any investigation made by or on behalf of the
      Indemnified Person and shall survive the transfer of the Shares by
      Purchaser.

    

    (ii) In
      connection with any Registration Statement in which any Purchaser is
      participating, such Purchasers agree to indemnify and hold harmless, to the
      same
      extent and in the same manner set forth in Section
      8(e)(i),
      the
      Company, each of its directors, each of its officers, each person on, if any,
      who controls the Company within the meaning of the Securities Act or the
      Exchange Act, any underwriter and any other stockholder selling securities
      pursuant to the Registration Statement or any of its directors or officers
      or
      any person who controls such stockholder or underwriter within the meaning
      of
      the Securities Act or the Exchange Act (collectively and together with an
      Indemnified Person, an “Indemnified
      Party”),
      against any Claim to which any of them

    
      
        
        

      

      
        -10-

        
          

        

      

      
        
        

      

    

    may
      become subject, under the Securities Act, the Exchange Act or otherwise, insofar
      as such Claim arises out of or is based upon any Violation, in each case to
      the
      extent (and only to the extent) that such Violation occurs in reliance upon
      and
      in conformity with written information furnished to the Company by such
      Purchaser expressly for use in connection with such Registration Statement,
      and
      each Purchaser will reimburse any legal or other expenses reasonably incurred
      by
      any Indemnified Party, promptly as such expenses are incurred and are due and
      payable, in connection with investigating or defending any such Claim; provided,
      however, that the indemnity agreement contained in this Section
      8(e)(ii)
      shall
      not apply to amounts paid in settlement of any Claim if such settlement is
      effected without the prior written consent of such Purchaser, which consent
      shall not be unreasonably withheld; provided further, however, that each
      Purchaser shall be liable under this Section
      8(e)(ii)
      for only
      that amount of a Claim as does not exceed the amount by which the net proceeds
      to such Purchaser from the sale of Shares pursuant to such Registration
      Statement exceeds the cost of such Shares to such Purchaser. Such indemnity
      shall remain in full force and effect regardless of any investigation made
      by or
      an behalf of such Indemnified Party and shall survive the transfer of the Shares
      by Purchaser. Notwithstanding anything to the contrary contained herein, the
      indemnification agreement contained in this Section
      8(e)(ii)
      with
      respect to any preliminary prospectus shall not inure to the benefit of any
      Indemnified Party if the untrue statement or omission of material fact contained
      in the preliminary prospectus was corrected on a timely basis in the prospectus,
      as then amended or supplemented.

    

    (iii) The
      Company shall be entitled to receive indemnities from underwriters, selling
      brokers, dealer managers and similar securities industry professionals
      participating in any distribution, to the same extent as provided above, with
      respect to information so furnished in writing by such persons expressly for
      inclusion in the Registration Statement.

    

    (iv) Promptly
      after receipt by an Indemnified Person or Indemnified Party under this
Section
      8(e)
      of
      notice of the commencement of any action (including any governmental action),
      such Indemnified Person or Indemnified Party shall, if a Claim in respect
      thereof is to be made against any indemnifying party under this Section
      8(e),
      deliver
      to the indemnifying party a written notice of the commencement thereof and
      the
      indemnifying party shall have the right to participate in, and, to the extent
      the indemnifying party so desires, jointly with any other indemnifying party
      similarly noticed, to assume control of the defense thereof with counsel
      selected by the indemnifying party but reasonably acceptable to the Indemnified
      Person or the Indemnified Party, as the case may be; provided, however, that
      an
      Indemnified Person or Indemnified Party shall have the right to retain its
      own
      counsel with the fees and expenses to be paid by the indemnifying party, if,
      in
      the reasonable opinion of counsel retained by the indemnifying party, the
      representation by such counsel of the Indemnified Person or Indemnified Party
      and the indemnifying party would be inappropriate due to actual or potential
      differing interests between such Indemnified Person or Indemnified Party and
      any
      other party represented by such counsel in such proceeding. In such event,
      the
      Company shall pay for only one separate legal counsel for the Purchasers; such
      legal counsel shall be selected by the Purchasers holding at least sixty-six
      and
      two-thirds

    
      
        
        

      

      
        -11-

        
          

        

      

      
        
        

      

    

    percent
      (662/3%)
      of the
      Registrable Shares included in the Registration Statement to which the Claim
      relates. The failure to deliver written notice to the indemnifying party within
      a reasonable time of the commencement of any such action shall not relieve
      such
      indemnifying party of any liability to the Indemnified Person or Indemnified
      Party under this Section
      8(e),
      except
      to the extent that the indemnifying party is prejudiced in its ability to defend
      such action. The indemnification required by Section
      8(e)
      shall be
      made by periodic payments of the amount thereof during the course of the
      investigation or defense, as such expense, loss, damage or liability is incurred
      and is due and payable.

    

    (v) The
      agreements, representations and warranties of the Company and the Purchasers
      set
      forth or provided in this Section
      8
      shall
      survive any exercise of the Warrants and the delivery of and payment for the
      Shares hereunder and shall remain in full force and effect, regardless of any
      investigation made by or on behalf of the Company and any
      Purchaser.

    

    9. MISCELLANEOUS.

    

    (a) This
      Agreement shall be governed by, and construed in accordance with, the laws
      of
      the State of Florida.
      The
      Parties submit to the exclusive jurisdiction of the courts located in Broward
      County, Florida, with respect to any dispute arising under this Agreement and
      the transactions contemplated hereby.

     

    (b) This
      Agreement and the Warrant contain the entire agreement between the Company
      and
      the Purchasers with regard to the subject matter hereof and may not be modified
      or waived except in a writing signed by both the Company and all parties to
      each
      such agreement.

     

    (c) The
      headings of this Agreement are for convenience and reference only, and shall
      not
      limit or otherwise affect the interpretation of any term or provision hereof.
      

     

    (d) This
      Agreement and the rights, powers, and duties set forth herein shall, except
      as
      otherwise expressly provided, be binding upon and inure to the benefit of,
      the
      heirs, executors, administrators, legal representatives, successors, and assigns
      of the Parties. 

     

    (e) This
      Agreement and the rights and obligations hereunder shall not be assignable
      or
      transferable by any Purchaser or the Company without the prior written consent
      of the other Parties, except (i) in the case of the Company, by operation
      of law in connection with a merger, consolidation or sale of substantially
      all
      of its assets or (ii) in the case of a Purchaser, (1) to any Affiliates (as
      defined below) of such Purchaser or (2) to partners, members, beneficiaries
      or other equity interest holders of such Purchaser; provided,
      that in
      each case referred to in (1) and (2) above, the third party transferee
      would have been eligible to be an original purchaser of Warrants pursuant to
      this Agreement and executes a counterpart signature page hereto becoming a
      “Purchaser” hereunder, subject to all of the rights and obligations of this
      Agreement. Subject to the preceding sentence, this Agreement shall be binding
      upon, inure to the benefit of and be enforceable by the Parties and their
      respective successors and assigns. “Person”
means
      an individual, corporation, partnership, association, trust or other entity
      or
      organization, including a government or political subdivision or agency or
      instrumentality thereof. “Affiliate”

     

    
      
        
        

      

      
        -12-

        
          

        

      

      
        
        

      

    

    means,
      with respect to any Person, any other Person who, directly or indirectly, owns
      or controls, is under common ownership or control with, or is owned or
      controlled by, such Person.

     

    (f) This
      Agreement is for the sole benefit of the Parties and their permitted assigns
      and
      nothing expressed or implied in this Agreement shall give or be construed to
      give to any Person, other than the Parties and such assigns, any legal or
      equitable rights hereunder. 

     

    (g) If
      any
      legal action or any arbitration or other proceeding is brought for the
      enforcement of this Agreement, or because of an alleged dispute, breach,
      default, or misrepresentation in connection with any of the provisions of this
      Agreement, the successful or prevailing party or parties shall be entitled
      to
      recover reasonable attorneys’ fees and other costs incurred in that action or
      proceeding, in addition to any other relief to which it may be entitled.

     

    (h) This
      Agreement shall be construed in accordance with its intent and without regard
      to
      any presumption or any other rule requiring construction against the party
      causing the same to be drafted. 

     

    (i) If
      any
      provision of this Agreement, or any portion of any provision, shall be deemed
      invalid
      or
      unenforceable for any reason whatsoever, such invalidity or unenforceability
      shall
      not
      affect the enforceability and validity of the remaining
      provisions.

     

    (j) This
      Agreement may be executed in two or more counterparts, each of which shall
      be
      deemed to be an original but all of which taken together shall constitute
      one agreement. Signatures to this Agreement may be transmitted by facsimile
      and such transmission shall be deemed to be an original. 

     

    In
      Witness Whereof,
      the
      Parties have caused this Agreement to be executed by their respective duly
      authorized officers or persons as of the date first set forth
      above.

     

    

    STREICHER
      MOBILE FUELING, INC.

     

     

    By: ___________________________________

    Richard
      E. Gathright,

    President
      and Chief Executive Officer

     

    

    Purchasers:

    
      
        
        

      

      
        -13-

        
          

        

      

      
        
        

      

    

    Purchasers
      (Continued)

     

    _________________________________________

     

    Print
      Name: Triage
      Capital Management, L.P.

     

    Address:  
      ______________________________

     

    ______________________________

     

    Phone:      
      ______________________________

     

    Fax:           
      ______________________________

     

    SSN/EIN: 
      ______________________________

     

    

     

    _________________________________________

     

    Print
      Name: Triage
      Capital Management B, L.P.

     

    Address:   
      ______________________________

     

    ______________________________

     

    Phone:      
      ______________________________

     

    Fax:           
      ______________________________

     

    SSN/EIN:  
      ______________________________

     

     

    
      
        
        

      

      
        -14-

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A

     

    Schedule
      of Purchasers

     

    
      	
              Name

            	 	
              State
                of Primary Domicile

            	 	
              No.
                of Shares 

              Covered
                by Warrant

            	 	
              Aggregate
                Value of Warrant

            	 	
              Promissory
                Note for which 1⁄2 of Prepayment Penalty is Waived

            	 	
              Amount
                of Prepayment Penalty Waived (Warrant
                Consideration)

            
	 	 	 	 	 	 	 	 	 	 	 
	
              Triage
                Capital

              Management
                L.P.

              c/o
                Triage Advisors

              401
                City Avenue

              Suite
                800

              Bala
                Cynwyd, PA 19004

               

               

            	 	
              Penn.

               

            	 	
              323,157

               

               

              125,421

               

               

            	 	
              $800,800
                (Principal)

              $20,020
                (1/2 Prepay Penalty)

               

              $310,800
                (Principal)

              $7,770
                (1/2 Prepay Penalty)

            	 	
              August
                29, 2003

               

               

              January
                25, 2005

               

            	 	
              $20,020

               

               

              $7,770

               

               

            
	
              Triage
                Capital

              Management
                B, L.P.

              c/o
                Triage Advisors

              401
                City Avenue

              Suite
                800

              Bala
                Cynwyd, PA 19004

               

               

               

            	 	
              Penn.

               

            	 	
              451,646

               

               

              157,059

            	 	
              $1,119,200
                (Principal)

              $27,980
                (1/2 Prepay Penalty)

               

              $389,200
                (Principal)

              $9,730
                (1/2 Prepay Penalty)

            	 	
              August
                29, 2003

               

               

              January
                25, 2005

               

               

            	 	
              $27,980

               

               

              $9,730

               

               

            
	
              TOTAL:

            	 	 	 	
              1,057,283

               

            	 	
              $2,620,000
                (Principal)

              $65,500
                (Prepay Penalty)

            	 	 	 	
              $65,500

            

    

    

     

    
      
        
          

        

        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    EXHIBIT
      B

     

    Form
      of Warrant

     

    

     

    
      
        
          

        

        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    SCHEDULE
      A

    ACCREDITED
      INVESTOR REPRESENTATION

     

    As
      provided by Rule 501(a) of Regulation D, my representation that I am or
      represent an accredited investor is based upon one of the following grounds
      that
      I am or represent (please check one):

     

    
      	 	o	
              A
                private business development company as defined in Section 202(a)(22)
                of
                the Investment Advisors Act of
                1940;

            

    

     

    
      	 	o	
              An
                organization described in Section 501(c)(3) of the Internal Revenue
                Code,
                corporation, Massachusetts or similar business trust, or partnership,
                not
                formed for the specific purpose of acquiring the securities offered,
                with
                total assets in excess of Five Million Dollars
                ($5,000,000);

            

    

     

    
      	 	o	
              A
                director or executive officer of the
                Company;

            

    

     

    
      	 	o	
              A
                natural person whose individual net worth, or joint net worth with
                that
                person’s spouse, exceeds One Million Dollars
                ($1,000,000);

            

    

     

    
      	 	o	
              A
                natural person who has an individual income in excess of Two Hundred
                Thousand Dollars ($200,000) in each of the two (2) most recent years
                and
                has a reasonable expectation of reaching the same income level in
                the
                current year; 

            

    

     

    
      	 	o	
              A
                natural person who has a joint income with that person’s spouse in excess
                of Three Hundred Thousand Dollars ($300,000) in each of the two (2)
                most
                recent years and has a reasonable expectation of reaching the same
                income
                level in the current year; 

            

    

     

    
      	 	o	
              A
                trust, with total assets in excess of Five Million Dollars ($5,000,000),
                not formed for the specific purpose of acquiring the securities offered,
                whose purchase is directed by a sophisticated person as defined by
                Rule
                506(b)(2)(ii) of the Securities Act; or

            

    

     

    An
      entity
      in which all of the equity owners are accredited investors.

     

    INDIVIDUAL:                        ENTITY:

     

    ___________________________________                 
      ______________________________

    Print
      Name:  _________________________                 By: 
      ___________________________

    Date: 
      ______________________________                Name:
      __________________________

                                                                                                    
      Title:  
      __________________________

     

    
      
        Schedule
          A to Securities Purchase Agreement

        Page
          1
of
          3

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    MANNER
      IN WHICH TITLE TO BE HELD

    (Please
      check one)

     

    o     Individual
      Ownership

     

    o     Community
      Property

     

    o     Joint
      Tenant with
      Right of Survivorship (both parties must sign)

     

    o     Partnership

     

    o     Tenants
      in
      Common

     

    o     Company

     

    o     Trust

     

    o     Other

     

    

     

    
      
        Schedule
          A to Securities Purchase Agreement

        Page
          2
of
          3

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    AFFILIATION
      WITH A U. S. REGISTERED BROKER-DEALER:

     

    Are
      you
      associated with an NASD member firm? (Please check one)

     

    YES
      _______  NO
      _______

     

    (1)
      The
      NASD defines a “person associated with a member” or “associated person of a
      member” as being every sole proprietor, general or limited partner, officer,
      director or branch manager of any member, or any natural person occupying a
      similar status or performing similar functions, or any natural person engaged
      in
      the investment banking or securities business who is directly or indirectly
      controlling or controlled by such member (for example, any employee), whether
      or
      not any such person is registered or exempt from registration with the NASD.
      Thus, “person associated with a member” or “associated person of a member”
includes a sole proprietor, general or limited partner, officer, director or
      branch manager of an organization of any kind (whether a corporation,
      partnership or other business entity) which itself is either a “member” or a
“person associated with a member” or “associated person of a member.” In
      addition, an organization of any kind is a “person associated with a member” or
“associated person of a member” if its sole proprietor or any one of its general
      or limited partners, officers, directors or branch managers is a “member,”
“person associated with a member” or “associated person of a
      member.”

     

    (2)
      The
      NASD defines a “member” as being any individual, partnership, corporation or
      other legal entity that is a broker or dealer admitted to membership in the
      NASD.

     

    IF
      SUBSCRIBER IS A REGISTERED REPRESENTATIVE WITH AN NASD MEMBER FIRM, THE
      FOLLOWING ACKNOWLEDGMENT MUST BE SIGNED BY THE APPROPRIATE PARTY BEFORE
      SUBSCRIBER’S OFFER TO PURCHASE SHARES WILL BE ACCEPTED BY THE
      COMPANY:

     

    

     

    The
      undersigned NASD member firm acknowledges receipt of the notice required by
      Rule
      3050 of the NASD Conduct Rules or any successor rules or
      regulations.

     

    Date:____________________      

    _______________________________________

    Name
      of
      NASD Member Firm

     

    By:     
      _____________________________

    Name:
      _____________________________

    Title:  
      _____________________________

     

    

      
        
          Schedule
            A to Securities Purchase Agreement

          Page
            3
of
            3

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