Document:

Exhibit
      10.3

    

    STOCKHOLDER
      SUPPORT AGREEMENT

    

      THIS
        STOCKHOLDER SUPPORT AGREEMENT (“AGREEMENT”) is
        entered into as of September 26, 2006, by and between ACQUICOR
        TECHNOLOGY INC.,
        a
        Delaware corporation (“Parent”),
        and
        each of the parties listed on the signature pages hereto (each, a “Stockholder”
and
        collectively, the “Stockholders”).

    

    
      

        RECITALS

      

    

    A. Each
      Stockholder is a holder of record and the “beneficial owner” (within the meaning
      of Rule 13d-3 under the Securities Exchange Act of 1934) of that number of
      shares of Company Capital Stock set forth opposite such Stockholder’s name on
Annex
      A
      hereto.

    

    B. Parent,
      Joy Acquisition Corp., a Delaware corporation and wholly owned subsidiary of
      Parent (“Merger
      Sub”),
      and
      Jazz Semiconductor, Inc., a Delaware corporation (the “Company”)
      are
      entering into an Agreement and Plan of Merger of even date herewith (the
“Merger
      Agreement”)
      which
      provides (subject to the conditions set forth therein) for the merger of Merger
      Sub with and into the Company (the “Merger”),
      with
      the Company surviving as a wholly owned subsidiary of Parent.

     

    C. In
      the
      Merger, each outstanding share of capital stock of the Company is to be
      converted into the right to receive the cash consideration set forth in the
      Merger Agreement.

     

    D. Each
      Stockholder is entering into this Agreement as an inducement to Parent to enter
      into the Merger Agreement.

    

      AGREEMENT

    In
      consideration of the foregoing and the mutual promises, representations,
      warranties, covenants and agreements contained herein, the parties to this
      Agreement, intending to be legally bound, agree as follows:

     

    
      SECTION
        1. CERTAIN
        DEFINITIONS 

    

    

    For
      purposes of this Agreement:

    

    (a) Capitalized
      terms used but not otherwise defined in this Agreement have the meanings
      assigned to such terms in the Merger Agreement.

     

    (b) “Expiration
      Date” shall
      mean the earlier of (i) the date upon which the Merger Agreement is validly
      terminated pursuant to Section 8 thereof, or (ii) the Effective
      Time.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (c) Stockholder
      shall be deemed to “Own”
or
      to
      have acquired “Ownership”
of
      a
      security if Stockholder: (i) is the record owner of such security; or (ii)
      is
      the “beneficial owner” (within the meaning of Rule 13d-3 under the Securities
      Exchange Act of 1934) of such security.

     

    (d) “Subject
      Shares”
      shall
      mean, with respect to each Stockholder: (i) all shares of Company Capital Stock
      Owned by such Stockholder as of the date of this Agreement; (ii) all additional
      shares of Company Capital Stock of which such Stockholder acquires Ownership
      during the period from the date of this Agreement through the Expiration Date;
      and (iii) all securities into which any of the shares of Company Capital Stock
      described in clause “(i)” or clause “(ii)” above are exchanged or
      converted.

     

    (e) A
      Stockholder shall be deemed to have effected a “Transfer”
of
      Subject Shares if such Stockholder directly or indirectly: (i) sells, pledges,
      encumbers, grants an option with respect to, transfers or disposes of such
      Subject Shares or any interest in such Subject Shares to any Person other than
      Parent; or (ii) enters into an agreement or commitment contemplating the
      possible sale of, pledge of, encumbrance of, grant of an option with respect
      to,
      transfer of or disposition of such Subject Shares or any interest therein to
      any
      Person other than Parent.

     

    
      SECTION
        2. TRANSFER
        OF SUBJECT SHARES AND VOTING RIGHTS

    

     

    2.1 Restriction
      on Transfer of Subject Shares. During
      the period from the date of this Agreement through the Expiration Date, no
      Stockholder shall, directly or indirectly, cause or permit any Transfer of
      any
      of the Subject Shares of such Stockholder to be effected.

     

    2.2 Restriction
      on Transfer of Voting Rights.
      During
      the period from the date of this Agreement through the Expiration Date, each
      Stockholder shall ensure that: (a) none of the Subject Shares of such
      Stockholder is deposited into a voting trust; and (b) no proxy is granted,
      and
      no voting agreement or similar agreement is entered into, with respect to any
      of
      the Subject Shares of such Stockholder.

     

    
      SECTION
        3. VOTING
        OF SHARES

    

     

    3.1 Written
      Consent. Immediately
      following the execution of the Merger Agreement, each Stockholder shall execute
      and deliver to the Company a written consent approving the Merger, adopting
      the
      Merger Agreement and approving the Certificate Amendment and the other
      Contemplated Transactions (a “Written
      Consent”),
      and
      each Stockholder agrees not to withdraw the Stockholder’s Written Consent and
      not to take any other action that is inconsistent with such Written Consent
      or
      that may have the effect of delaying or interfering with the Merger, the
      Certificate Amendment or any of the other Contemplated
      Transactions.

     

    3.2 Voting
      Covenant. Each
      Stockholder hereby agrees that, during the period from the date of this
      Agreement through the Expiration Date, at any meeting of the stockholders of
      the
      Company, however called, and in any written action by consent of stockholders
      of
      the Company, unless otherwise directed in writing by Parent, each Stockholder
      shall cause the Subject Shares of such Stockholder to be voted:

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (a) against
      any action or agreement that would result in a breach of any representation,
      warranty, covenant or obligation of the Company in the Merger Agreement;
      and

     

    (b) against
      the following actions (other than the Merger, the Contemplated Transactions
      or
      transactions consented to by Parent pursuant to Section 4.2 of the Merger
      Agreement): (i) any Acquisition Transaction; (ii) any reorganization,
      recapitalization, dissolution or liquidation of the Company or any subsidiary
      of
      the Company that is not directly or indirectly wholly-owned by the Company;
      (iii) any change in a majority of the board of directors of the Company; (iv)
      any amendment to the Company’s certificate of incorporation or bylaws; (v) any
      material change in the capitalization of the Company or the Company’s corporate
      structure; and (vi) any other action which is intended, or could reasonably
      be
      expected, to impede, interfere with, delay, postpone, discourage or adversely
      affect the Merger or any of the other Contemplated Transactions.

     

    During
      the period from the date of this Agreement through the Expiration Date, no
      Stockholder shall enter into any agreement or understanding with any Person
      to
      vote or give instructions in any manner inconsistent with clause “(a)” or clause
“(b)” of the preceding sentence.

    

    3.3 No
      Other Actions.
      During
      the period from the date of this Agreement through the Expiration Date, no
      Stockholder shall enter into any voting or other such agreement, or grant a
      proxy or power of attorney, with respect to the Subject Shares that is
      inconsistent with this Agreement or otherwise take any other action with respect
      to the Subject Shares that would in any way restrict, limit or interfere with
      the performance of Stockholder’s obligations hereunder or the transactions
      contemplated hereby.

     

    
      SECTION
        4. WAIVER
        OF APPRAISAL RIGHTS

       

      Each
        Stockholder hereby irrevocably and unconditionally waives, and agrees to
        cause
        to be waived and to prevent the exercise of, any rights of appraisal, any
        dissenters’ rights and any similar rights relating to the Merger that such
        Stockholder may have by virtue of, or with respect to, any shares of Company
        Capital Stock Owned by such Stockholder.

    

     

    
      SECTION
        5. NO
        SOLICITATION

    

     

          
      Each Stockholder agrees that, during the period from the date of this Agreement
      through the Expiration Date, such Stockholder shall not, directly or indirectly,
      and such Stockholder shall instruct such Stockholder’s Representatives to not,
      directly or indirectly: (a) solicit, knowingly facilitate or knowingly encourage
      the initiation of any inquiry, proposal or offer from any Person (other than
      Parent or Parent’s Representatives) relating to a possible Acquisition
      Transaction; (b) participate in any discussions or negotiations or enter into
      any agreement with, or provide any non-public information to, any Person (other
      than Parent or Parent’s Representatives) relating to or in connection with a
      possible Acquisition Transaction; or (c) consider, entertain or accept any
      proposal or offer from any Person (other than Parent or Parent’s Representatives
      acting on behalf of Parent) relating to a possible Acquisition Transaction.
      Each
      Stockholder shall immediately cease and discontinue, and each Stockholder shall
      ensure that such Stockholder’s Representatives immediately cease and
      discontinue, any existing discussions with any Person that related to any
inquiry,
      proposal or offer relating to a possible Acquisition Transaction.
      Nothing
      contained in this Section 5 or Section 4.4 of the Merger Agreement shall
      prohibit such Stockholder or its Representatives from having discussions with
      any potential joint venture partner or otherwise considering any strategic
      acquisition so long as (x) the potential joint venture or acquisition
      transaction does not contemplate the sale or issuance of any securities of
      any
      Acquired Company (unless otherwise disclosed to Parent prior to the date hereof)
      and would be intended primarily to address the needs of the Acquired Companies
      to find alternative sources of production of wafers for customers of the
      Acquired Companies during periods where the Acquired Companies lack the
      manufacturing capacity to fulfill their customers’ orders or forecasted orders
      for wafers, and (y) the Company does not enter into any letter of intent or
      other binding agreement with respect to any of the foregoing without the prior
      written consent of Parent, not to be unreasonably withheld. 

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      SECTION
        6. REPRESENTATIONS
        AND WARRANTIES OF STOCKHOLDERS

    

    

    Each
      Stockholder hereby represents and warrants (severally but not jointly) to Parent
      as follows:

    

    6.1 Authorization,
      etc. Such
      Stockholder has the right, power, and authority to execute and deliver this
      Agreement and to perform such Stockholder’s obligations hereunder. This
      Agreement has been duly executed and delivered by such Stockholder and
      constitutes the legal, valid and binding obligation of such Stockholder,
      enforceable against such Stockholder in accordance with its terms, subject
      to:
      (a) laws of general application relating to bankruptcy, insolvency and the
      relief of debtors; and (b) rules of law governing specific performance,
      injunctive relief and other equitable remedies. If
      such
      Stockholder is a corporation, then such Stockholder is duly incorporated,
      validly existing and in good standing under the laws of the jurisdiction in
      which it was incorporated. If
      such
      Stockholder is a general or limited partnership, then such Stockholder is a
      partnership duly organized, validly existing and in good standing under the
      laws
      of the jurisdiction in which it was organized. If such Stockholder is a limited
      liability company, then such Stockholder is a limited liability company duly
      organized, validly existing and in good standing under the laws of the
      jurisdiction in which it was organized.

     

    6.2 No
      Conflicts or Consents.

     

    (a) The
      execution and delivery of this Agreement by such Stockholder does not, and
      the
      performance of this Agreement by such Stockholder will not: (i) conflict with
      or
      violate any Legal Requirement or Order applicable to such Stockholder or by
      which such Stockholder or any of such Stockholder’s properties is or may be
      bound or affected; or (ii) result in or constitute (with or without notice
      or
      lapse of time) any material breach of or material default under, or give to
      any
      other Person (with or without notice or lapse of time) any right of termination,
      amendment, acceleration or cancellation of, or result (with or without notice
      or
      lapse of time) in the creation of any Encumbrance on any of the Subject Shares
      held by such Stockholder pursuant to, any Contract to which such Stockholder
      is
      a party or by which Stockholder or any of its properties is or may be bound
      or
      affected.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    (b) The
      execution and delivery of this Agreement by such Stockholder does not, and
      the
      performance of this Agreement by such Stockholder will not, require any Consent
      of any Governmental Body. 

     

    6.3 Title
      to Securities.
      As of
      the date of this Agreement: (a) such Stockholder holds of record (free and
      clear
      of any Encumbrances, other than Encumbrances imposed by applicable securities
      laws) the number of outstanding shares of each class and series of Company
      Capital Stock set forth under the heading “Shares Held of Record” on
Annex
      A
      hereto;
      and (b) except as disclosed on Annex
      A,
      such
      Stockholder does not hold of record any shares of Company Capital Stock or
      other
      securities of the Company, or any option, warrant or other right to acquire
      (by
      purchase, conversion or otherwise) any shares of Company Capital Stock or other
      securities of the Company, other than the shares set forth on Annex A
      hereto.

     

    6.4 Accuracy
      of Representations.
      The
      representations and warranties contained in this Agreement are accurate in
      all
      respects as of the date of this Agreement, and will be accurate in all respects
      at all times through and including the Expiration Date as if made as of any
      such
      time or date.

     

    
      SECTION
        7. ADDITIONAL
        COVENANTS OF STOCKHOLDERS

    

    

    Each
      Stockholder covenants (severally and not jointly) that:

    

    7.1 Stockholder
      Information.
      Parent
      and Merger Sub may publish and disclose in the Proxy Statement such
      Stockholder’s identity and ownership of shares of Company Capital Stock and the
      nature of such Stockholder’s commitments, arrangements and understandings under
      this Agreement.

     

    7.2 Public
      Announcements.
      Except
      as required by applicable law, such Stockholder shall not issue any press
      release or make any public statement regarding the Merger Agreement, the Merger
      or any of the other Contemplated Transactions without the prior written consent
      of Parent.

     

    7.3 Parent
      Trust Account. Each
      Stockholder agrees that it has read a copy of Parent’s prospectus dated March
      15, 2006 and filed with the Securities and Exchange Commission (the
“Prospectus”).
      Each
      Stockholder understands that Parent is a blank check company formed for the
      purpose of consummating a “business combination” (as described in the
      Prospectus), must complete such business combination within 18 months (or 24
      months if a letter of intent, agreement in principle or definitive agreement
      has
      been executed within 18 months) from the date of the consummation of the
      offering described in the Prospectus, has established a trust account at Lehman
      Brothers, maintained by Continental Stock Transfer & Trust Company acting as
      trustee, initially in an amount of $164,308,004 after the exercise of the
      underwriters’ over-allotment option for the benefit of its public stockholders
      (the “Trust
      Account”),
      and
      does not have access to the funds in such Trust Account except under the
      circumstances set forth in the Prospectus. Each Stockholder, on its behalf
      and
      on behalf of its affiliates that it has the power to bind (such Stockholder
      and
      its affiliates that such Stockholder has the power to bind being referred to
      as
      the “Stockholder
      Claimants”):
      (a)
      agrees that neither it nor any of its Stockholder Claimants has any right,
      title, interest or claim of any kind in or to (i) any assets in the Trust
      Account, (ii) any assets of Parent to the extent such right, title, interest
      or
      claim would impair the amounts in the Trust Account or (iii) any assets
      distributed from the Trust Account to the public stockholders (each such right,
      title, interest or claim a “Claim”);
      (b)
      unless and until Parent completes the Merger or another Business Combination
      (as
      defined in Parent’s certificate of incorporation as of the date of this
      Agreement), hereby waives any Claim that it or any of its Stockholder Claimants
      may have in the future as a result of, or arising out of, the Merger Agreement
      or the Ancillary Agreements; and (c) agrees that neither it nor any of its
      Stockholder Claimants will seek recourse against the Trust Account or the public
      stockholders of Parent (in their capacity as stockholders of Parent or as
      recipients of liquidating distributions from Parent) for any reason whatsoever.
      Further, each Stockholder acknowledges that such Stockholder has read Section
      1542 of the Civil Code of the State of California, which states in
      full:

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    “A
      general release does not extend to claims which the creditor does not know
      or
      suspect to exist in his or her favor at the time of executing the release,
      which
      if known by him or her must have materially affected his or her settlement
      with
      the debtor.”

     

    Each
      Stockholder hereby waives any right that it or any of its Stockholder Claimants
      have or may have under Section 1542 (or any similar provision of the laws of
      any
      other jurisdiction) to the full extent that such Stockholder may lawfully waive
      such rights pertaining to this waiver of Claims and generally affirms that
      such
      Stockholder is releasing, on behalf of itself and its Stockholder Claimants,
      all
      known and unknown Claims.

     

    Without
      limiting the foregoing, each Stockholder hereby acknowledges and agrees that
      the
      Trust Account is not a party to the Merger Agreement and shall have no liability
      pursuant hereto. Notwithstanding the forgoing, no provision contained herein
      shall limit the right of a Stockholder or its Stockholder Claimants to make
      a
      claim against such monies to the extent such monies are released from the Trust
      Account to Parent upon the consummation of the Merger.

    

    7.4 Merger
      Agreement; Appointment of Stockholders’ Representative.
      Each
      Stockholder hereby agrees to be bound by the terms of Sections 9 and 10.1 of
      the
      Merger Agreement as if such Stockholder was a party to the Merger Agreement.
      Each Stockholder hereby agrees to and acknowledges the appointment of T.C.
      Group
      L.L.C., as such Stockholder’s agent and true and lawful attorney-in-fact to act
      on such Stockholder’s behalf in accordance with Section 10.1 of the Merger
      Agreement. 

     

    7.5 Further
      Assurances.
      From
      time to time and without additional consideration, each Stockholder shall (at
      such Stockholder’s sole expense) execute and deliver, or cause to be executed
      and delivered, such additional transfers, assignments, endorsements, proxies,
      Consents and other instruments, and shall (at such Stockholder’s sole expense)
      take such further actions, as Parent may reasonably request for the purpose
      of
      carrying out and furthering the intent of this Agreement.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    
      SECTION
        8. MISCELLANEOUS

    

    

    8.1 Expenses.
      All
      costs and expenses incurred in connection with the transactions contemplated
      by
      this Agreement shall be paid by the party incurring such costs and
      expenses.

     

    8.2 Notices.
      Any
      notice or other communication required or permitted to be delivered to either
      party under this Agreement shall be in writing and shall be deemed properly
      delivered, given and received when received at the address or facsimile
      telephone number set forth beneath the name of such party below (or at such
      other address or facsimile telephone number as such party shall have specified
      in a written notice given to the other party):

     

    if
      to the
      Stockholders:

    

    at
      their
      respective addresses set forth on the signature page hereof; and

     

    if
      to
      Parent:

    

    Acquicor
      Technology Inc.

    4910
      Birch Street, Suite 102

    Irvine,
      CA 92660

    Attention:
      General Counsel 

    Facsimile:
      (949) 266-9020

    

    8.3 Severability.
      Any
      term or provision of this Agreement that is invalid or unenforceable in any
      situation in any jurisdiction shall not affect the validity or enforceability
      of
      the remaining terms and provisions hereof or the validity or enforceability
      of
      the offending term or provision in any other situation or in any other
      jurisdiction. If the final judgment of a court of competent jurisdiction
      declares that any term or provision hereof is invalid or unenforceable, the
      parties hereto agree that the court making such determination shall have the
      power to limit the term or provision, to delete specific words or phrases,
      or to
      replace any invalid or unenforceable term or provision with a term or provision
      that is valid and enforceable and that comes closest to expressing the intention
      of the invalid or unenforceable term or provision, and this Agreement shall
      be
      enforceable as so modified. In the event such court does not exercise the power
      granted to it in the prior sentence, the parties hereto agree to replace such
      invalid or unenforceable term or provision with a valid and enforceable term
      or
      provision that will achieve, to the extent possible, the economic, business
      and
      other purposes of such invalid or unenforceable term or provision.

     

    8.4 Entire
      Agreement.
      This
      Agreement constitutes the entire agreement between the parties with respect
      to
      the subject matter hereof and supersedes all prior agreements and understandings
      between the parties with respect thereto. No addition to or modification of
      any
      provision of this Agreement shall be binding upon any party hereto unless made
      in writing and signed by all parties.

     

    8.5 Assignment;
      Binding Effect.
      Except
      as provided herein, neither this Agreement nor any of the interests or
      obligations hereunder may be assigned or delegated by any party to this
      Agreement, and any attempted or purported assignment or delegation of any of
      such interests or obligations shall be void. Subject to the preceding sentence,
      this Agreement shall be binding upon Stockholder and Stockholder’s successors
      and assigns, and shall inure to the benefit of Parent and its permitted
      successors and assigns. Without limiting any of the restrictions set forth
      in
      this Agreement, this Agreement shall be binding upon any Person to whom any
      Subject Shares are transferred. Nothing in this Agreement is intended to confer
      on any Person (other than Parent and its permitted successors and assigns)
      any
      rights or remedies of any nature.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    8.6 Specific
      Performance. The
      parties agree that irreparable damage would occur in the event that any of
      the
      provisions of this Agreement were not performed in accordance with its specific
      terms or were otherwise breached. Each Stockholder agrees that, in the event
      of
      any breach or threatened breach by such Stockholder of any covenant or
      obligation contained in this Agreement, Parent shall be entitled (in addition
      to
      any other remedy that may be available to it, including monetary damages) to
      seek: (a) a decree or order of specific performance to enforce the observance
      and performance of such covenant or obligation; and (b) an injunction
      restraining such breach or threatened breach.

     

    8.7 Non-Exclusivity.
      The
      rights and remedies of Parent under this Agreement are not exclusive of or
      limited by any other rights or remedies which it may have, whether at law,
      in
      equity, by contract or otherwise, all of which shall be cumulative (and not
      alternative). Without limiting the generality of the foregoing, the rights
      and
      remedies of Parent under this Agreement, and the obligations and liabilities
      of
      each Stockholder under this Agreement, are in addition to their respective
      rights, remedies, obligations and liabilities under common law requirements
      and
      under all applicable statutes, rules and regulations. 

     

    8.8 Governing
      Law; Jurisdiction; Waiver of Jury Trial.

     

    (a) This
      Agreement shall be governed by, and construed in accordance with, the laws
      of
      the State of Delaware (without giving effect to principles of conflicts of
      laws). In any action between the parties arising out of or relating to this
      Agreement or any of the transactions contemplated by this Agreement each of
      the parties irrevocably and unconditionally consents and submits to the
      jurisdiction and venue of the state and federal courts located in the State
      of
      California.

     

    (b) EACH
      STOCKHOLDER IRREVOCABLY WAIVES THE RIGHT TO A JURY TRIAL IN CONNECTION WITH
      ANY
      LEGAL PROCEEDING RELATING TO THIS AGREEMENT OR THE ENFORCEMENT OF ANY PROVISION
      OF THIS AGREEMENT.

     

    8.9 Counterparts;
      Exchanges by Electronic Transmission. This
      Agreement may be executed in separate counterparts, each of which when so
      executed and delivered shall be an original, but all such counterparts shall
      together constitute one and the same instrument. The exchange of a fully
      executed Agreement (in counterparts or otherwise) by facsimile transmission
      or
      other electronic transmission shall be sufficient to bind the parties to the
      terms and conditions of this Agreement.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    8.10 Headings.
      The
      headings contained in this Agreement are for convenience of reference only,
      shall not be deemed to be a part of this Agreement and shall not be referred
      to
      in connection with the construction or interpretation of this
      Agreement.

     

    8.11 Attorneys’
      Fees.
      If any
      legal action or other legal proceeding relating to this Agreement or the
      enforcement of any provision of this Agreement is brought against any party
      to
      this Agreement, the prevailing party shall be entitled to recover reasonable
      attorneys’ fees, costs and disbursements (in addition to any other relief to
      which the prevailing party may be entitled).

     

    8.12 Waiver.
      No
      failure on the part of Parent to exercise any power, right, privilege or remedy
      under this Agreement, and no delay on the part of Parent in exercising any
      power, right, privilege or remedy under this Agreement, shall operate as a
      waiver of such power, right, privilege or remedy; and no single or partial
      exercise of any such power, right, privilege or remedy shall preclude any other
      or further exercise thereof or of any other power, right, privilege or remedy.
      Parent shall not be deemed to have waived any claim available to Parent arising
      out of this Agreement, or any power, right, privilege or remedy of Parent under
      this Agreement, unless the waiver of such claim, power, right, privilege or
      remedy is expressly set forth in a written instrument duly executed and
      delivered on behalf of Parent; and any such waiver shall not be applicable
      or
      have any effect except in the specific instance in which it is
      given.

     

    8.13 Fiduciary
      Duty as Director.
      Parent
      acknowledges and agrees that each Stockholder’s obligations hereunder are solely
      in its capacity as a stockholder of the Company, and that none of the provisions
      herein set forth shall be deemed to restrict or limit any fiduciary duty any
      directors, officers or employees of the undersigned may have as a member of
      the
      board of directors of the Company resulting from any circumstances other than
      as
      a Stockholder of the Company.

     

    8.14 Construction.

     

    (a) For
      purposes of this Agreement, whenever the context requires: the singular number
      shall include the plural, and vice versa; the masculine gender shall include
      the
      feminine and neuter genders; the feminine gender shall include the masculine
      and
      neuter genders; and the neuter gender shall include masculine and feminine
      genders.

     

    (b) The
      parties agree that any rule of construction to the effect that ambiguities
      are
      to be resolved against the drafting party shall not be applied in the
      construction or interpretation of this Agreement.

     

    (c) As
      used
      in this Agreement, the words “include” and “including,” and variations thereof,
      shall not be deemed to be terms of limitation, but rather shall be deemed to
      be
      followed by the words “without limitation.”

     

    (d) Except
      as
      otherwise indicated, all references in this Agreement to “Sections” and
“Exhibits” are intended to refer to Sections of this Agreement and Exhibits to
      this Agreement.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

     

    [Remainder
      of page intentionally left
      blank.]

     

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    

      IN
        WITNESS WHEREOF, Parent
        and Stockholder have caused this Agreement to be executed as of the date
        first
        written above. 

    

     

    
      	
              
                ACQUICOR
                  TECHNOLOGY INC.

              

            	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	
              By:

            	
              /s/
                Gilbert F. Amelio 
                

              

            	
            	 	 
	
              Name:

            	
              Gilbert F. Amelio 
                

              

            	 	 	 
	
              Title:

            	
              Chairman
                and CEO 
                

              

            	 	 	 
	
              Facsimile: 

            	
              (949)
                266-9020
                

              

            	 	 	 

    

     

     

    
      	
              
                
                  STOCKHOLDERS:

                  

                  CONEXANT
                    SYSTEMS, INC.

                

              

            	 	 	

              RF
                MICRO DEVICES, INC.

            
	 	 	 	 	 
	 	 	 	 	 
	
              By:

            	
              /s/
                Dwight Decker  
                

              

            	
            	
              By:

            	
              /s/
                Jerry D. Neal 
                

              

            
	
              Name:

            	
              Dwight Decker 
                

              

            	 	
              Name:

            	Jerry D. Neal 
              

            
	
              Title:

            	
              Chairman
                and CEO 
                

              

            	 	
              Title:

            	
              Executive Vice President of Marketing 
                

              

              & Strategic Development

              
                

              

              
              

            
	Address:	
              
                
                  4000
                    MacArthur Blvd 
                    

                  

                

                Newport
                  Beach, CA 92660

              

              
                

              

               

              
                

              

                

            	 	Address:	
              7628 Thorndike Road

              
                

              

              Greensboro,
                NC 27409

              
                

              

               

              
                

              

                

            
	
              Facsimile: 

            	
              949-483-4318
                

              

            	 	
              Facsimile: 

            	336-664-0311
              

            

    

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    
      	
              
                
                  
                    
                      
                        CARLYLE
                          PARTNERS III, L.P.

                      

                       

                      By: TC
                        GROUP III, L.P.,
                        its General Partner

                      By: TC
                        GROUP III, L.L.C.,
                        its General Partner

                      By: TC
                        GROUP, L.L.C.,
                        its Managing Member

                      By: TCG
                        HOLDINGS, L.L.C.,
                        its Managing Member

                    

                  

                

              

            	 	
              CP
                III COINVESTMENT, L.P.

               

              By: TC
                GROUP III, L.P.,
                its General Partner

              By: TC
                GROUP III, L.L.C.,
                its General Partner

              By: TC
                GROUP, L.L.C.,
                its Managing Member

              By: TCG
                HOLDINGS, L.L.C.,
                its Managing Member

            
	 	 	 	 	 
	
              By:

            	
              /s/
                Claudius E. Watts IV 
                

              

            	
            	
              By:

            	
              /s/
                Claudius E. Watts IV 
                

              

            
	
              Name:

            	
              Claudius E. Watts IV 
                

              

            	 	
              Name:

            	Claudius E. Watts IV 
              

            
	
              Title:

            	
              Managing
                Director 
                

              

            	 	
              Title:

            	
              Managing Director 

              
                

              

              
              

            
	Address:	
              
                
                  101
                    South Tryon St. 
                    

                  

                

                25th
                  Floor
                  

                

              

              
                Charlotte,
                  NC 28280

              

              
                

              

                

            	 	Address:	
              101 South Tryon St. 
                

              

              
                25th
                  Floor

                

              

              
                Charlotte,
                  NC 28280

              

              
                

              

                

            
	
              Facsimile:

            	
              (704)
                632-0299
                

              

            	 	
              Facsimile:

            	
              (704)
                632-0299
                

              

            

    

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    
      	
              
                
                  
                    
                      
                        CARLYLE
                          HIGH YIELD PARTNERS, L.P.

                         

                      

                      By: TCG
                        HIGH YIELD, L.L.C.,
                        its
                        General Partner

                      By: TCG
                        HIGH YIELD HOLDINGS, L.L.C.,
                        its
                        Managing Member

                      By: TC
                        GROUP, L.L.C.,
                        its
                        sole Member

                      By: TCG
                        HOLDINGS, L.L.C.,
                        its
                        Managing Member

                    

                  

                

              

            	 	 	
              
                
                   

                

              

            
	 	 	 	 	 
	
              By:

            	
              /s/
                Claudius E. Watts IV 
                

              

            	
            	
            	
            
	
              Name:

            	
              Claudius E. Watts IV 
                

              

            	 	
            	
            
	
              Title:

            	
              Managing
                Director 
                

              

            	 	
            	
              
              

            
	Address:	
              
                
                  101
                    South Tryon St. 
                    

                  

                

                25th
                  Floor
                  

                

              

              
                Charlotte,
                  NC 28280

              

              
                

              

                

            	 	
            	
               

               

            
	
              Facsimile:

            	
              (704)
                632-0299
                

              

            	 	
            	 

    

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

    

      ANNEX
        A

      COMPANY
        CAPITAL STOCK OWNERSHIP

    

    

      
        	
                 

                 

                Stockholder

              	 	
                Company
                  Common Stock

              	 	
                Series
                  A Preferred Stock

              	 	
                Series
                  B Preferred Stock

              	 
	
                CONEXANT
                  SYSTEMS, INC.

              	 	 	
                7,583,501

              	 	 	 	 	 	
                44,910,000

              	 
	 	 	 	 	 	 	 	 	 	 	 
	
                RF
                  MICRO DEVICES, INC.

              	 	 	 	 	 	 	 	 	
                13,071,888

              	 
	 	 	 	 	 	 	 	 	 	 	 
	
                CARLYLE
                  PARTNERS III, L.P.

              	 	 	 	 	 	
                50,254,440

              	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                CP
                  III COINVESTMENT, L.P.

              	 	 	 	 	 	
                1,995,560

              	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	
                CARLYLE
                  HIGH YIELD PARTNERS, L.P.

              	 	 	 	 	 	
                2,750,000

              	 	 	 	 

      

    

     

    As
      a
      result of the Stockholder Voting Agreement dated as of October 15, 2002 among
      the Company and the Stockholders party hereto, each Stockholder may be deemed
      to
      Own the shares of Company Capital Stock Owned by the other Stockholders party
      hereto. Each Stockholder party hereto that is affiliated with Carlyle Group
      also
      may be deemed to Own each of the shares of Company Capital Stock Owned by the
      other Stockholders that are affiliated with Carlyle Group.

     

    
      
        
        

      

      
        Annex
          ASECURITIES
      PURCHASE AGREEMENT

    

    This
      Securities Purchase Agreement (this “Agreement”)
      is
      dated as of August __, 2006, by and among Sub-Urban Brands, Inc., a Nevada
      corporation (the “Company”),
      and
      the purchasers identified on the signature pages hereto (each, including its
      successors and assigns, a “Purchaser”
and
      collectively the “Purchasers”).

    

    WHEREAS,
      subject to the terms and conditions set forth in this Agreement and pursuant
      to
      Section 4(2) of the Securities Act (as defined below), and Rule 506 promulgated
      thereunder, the Company desires to issue and sell to each Purchaser, and each
      Purchaser, severally and not jointly, desires to purchase on the Closing Date
      from the Company in the aggregate, up to $300,000 of Units, each of which
      consists of (i) subordinated promissory notes (the “Notes”) and (ii) warrants
      (the “Warrants”) to purchase shares of common stock (the “Common
      Stock”).

    

    NOW,
      THEREFORE, IN CONSIDERATION of the mutual covenants contained in this Agreement,
      and for other good and valuable consideration the receipt and adequacy of which
      are hereby acknowledged, the Company and each Purchaser agree as
      follows:

    

    ARTICLE
      I

    DEFINITIONS

    

    1.1    Definitions.
      In
      addition to the terms defined elsewhere in this Agreement, the following terms
      have the meanings indicated in this Section 1.1:

    

    “Action”
shall
      have the meaning ascribed to such term in Section 3.1(j).

    

    “Actual
      Minimum”
means,
      as of any date, the maximum aggregate number of shares of Common Stock then
      issued or potentially issuable in the future pursuant to the Transaction
      Documents, including any Underlying Shares issuable upon exercise in full of
      all
      Notes.

    

    “Affiliate”
means
      any Person that, directly or indirectly through one or more intermediaries,
      controls or is controlled by or is under common control with a Person, as such
      terms are used in and construed under Rule 144 under the Securities Act. With
      respect to a Purchaser, any investment fund or managed account that is managed
      on a discretionary basis by the same investment manager as such Purchaser will
      be deemed to be an Affiliate of such Purchaser.

    

    “Closing”
means
      the closing of the purchase and sale of the Securities pursuant to Section
      2.1.

    

    “Closing
      Date”
means
      the Trading Day when all of the Transaction Documents have been executed and
      delivered by the applicable parties thereto, and all conditions precedent to
      (i)
      each Purchaser’s obligations to pay the Subscription Amount have been satisfied
      or waived (ii) and the Company’s obligations to deliver the Securities have been
      satisfied or waived.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    “Commission”
means
      the Securities and Exchange Commission.

    

    “Common
      Stock”
means
      the common stock of the Company, par value $0.001 per share, and any securities
      into which such common stock shall hereinafter been reclassified into, including
      without limitation securities issued by the Public Entity.

    

    “Common
      Stock Equivalents”
means
      any securities of the Company or the Subsidiaries which would entitle the holder
      thereof to acquire at any time Common Stock, including without limitation,
      any
      debt, preferred stock, rights, options, warrants or other instrument that is
      at
      any time convertible into or exchangeable for, or otherwise entitles the holder
      thereof to receive, Common Stock.

    

    “Disclosure
      Schedules”
means
      the Disclosure Schedules of the Company delivered concurrently
      herewith.

    

    “Effective
      Date”
means
      the date that the Registration Statement is first declared effective by the
      Commission.

    

    “Escrow
      Agreement”
means
      the Escrow Agreement, dated the date hereof, among the Company, each Purchaser
      and Sichenzia Ross Friedman Ference LLP, as escrow agent.

    

    “Exchange
      Act”
means
      the Securities Exchange Act of 1934, as amended.

    

    “Exempt
      Issuance”
the
      issuance of (a) shares of Common Stock or options to employees, officers or
      directors of the Corporation pursuant to any stock or option plan duly adopted
      by a majority of the non-employee members of the Board of Directors of the
      Corporation or a majority of the members of a committee of non-employee
      directors established for such purpose, and (b) securities upon the exercise
      of
      or conversion of any securities issued hereunder, convertible securities,
      options or warrants issued and outstanding on the date of the Purchase
      Agreement, provided that such securities have not been amended since the date
      of
      the Purchase Agreement to increase the number of such securities or to decrease
      the exercise or conversion price of any such securities. 

    

    “GAAP”
shall
      have the meaning ascribed to such term in Section 3.1(h).

    

    “Liens”
means
      a
      lien, charge, security interest, encumbrance, right of first refusal, preemptive
      right or other restriction.

    

    “Losses”
means
      any and all losses, claims, damages, liabilities, settlement costs and expenses,
      including without limitation costs of preparation and reasonable attorneys'
      fees.

    

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

       

    

    “Material
      Adverse Effect”
shall
      have the meaning assigned to such term in Section 3.1(b).

    

    “Material
      Permits”
shall
      have the meaning ascribed to such term in Section 3.1(m).

    

    “Person”
means
      an individual or corporation, partnership, trust, incorporated or unincorporated
      association, joint venture, limited liability company, joint stock company,
      government (or an agency or subdivision thereof) or other entity of any
      kind.

    

    “Proceeding”
means
      an action, claim, suit, investigation or proceeding (including, without
      limitation, an investigation or partial proceeding, such as a deposition),
      whether commenced or threatened.

    

    “Registration
      Rights Agreement”
means
      the Registration Rights Agreement, dated the date hereof, among the Company
      and
      each Purchaser, in the form of Exhibit
      A.

    

    “Registration
      Statement”
means
      a
      registration statement meeting the requirements set forth in the Registration
      Rights Agreement and covering the resale by the Purchasers of the Underlying
      Shares.

    

    “Required
      Approvals”
shall
      have the meaning ascribed to such term in Section 3.1(c).

    

    “Rule
      144”
means
      Rule 144 promulgated by the Commission pursuant to the Securities Act, as such
      Rule may be amended from time to time, or any similar rule or regulation
      hereafter adopted by the Commission having substantially the same effect as
      such
      Rule.

    

    “SEC
      Reports”
shall
      have the meaning ascribed to such term in Section 3.1(h).

    

    “Securities”
means
      the Units, the Notes, the Warrants and the Underlying Shares.

    

    “Securities
      Act”
means
      the Securities Act of 1933, as amended.

    

    “Shareholder
      Approval”
means
      such approval as may be required by the applicable rules and regulations of
      the
      Trading Market (or any successor entity) from the shareholders of the Company
      with respect to the transactions contemplated by the Transaction Documents,
      including the issuance of all of the Underlying Shares and shares of Common
      Stock issuable upon exercise of the Warrants in excess of 19.9% of the Company’s
      issued and outstanding Common Stock on the Closing Date.

    

      “Short
        Sales”
shall
        include, without limitation, all “short sales” as defined in Rule 3b-3 of the
        Exchange Act. 

    

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

       

    

    “Subscription
      Amount”
shall
      mean, as to each Purchaser, the amount to be paid for the Notes and the Warrants
      purchased hereunder as specified below such Purchaser's name on the signature
      page of this Agreement, in United States Dollars.

    

    “Subsidiary”
means
      any subsidiary of the Company that is required to be listed in Schedule
      3.1(a).

     

    “Trading
      Day”
means
      any day during which the Trading Market shall be open for business.

    

    “Trading
      Market”
means
      the following markets or exchanges on which the Common Stock is listed or quoted
      for trading on the date in question: OTC Bulletin Board, the American Stock
      Exchange, the New York Stock Exchange, the Nasdaq National Market or the Nasdaq
      SmallCap Market.

    

    “Transaction
      Documents”
means
      this Agreement, the Notes, the Warrants, Warrant, the Registration Rights
      Agreement and any other documents or agreements executed in connection with
      the
      transactions contemplated hereunder.

    

    “Underlying
      Shares”
means
      the shares of Common Stock issuable upon exercise of the Warrants.

    

    “Units”
means
      the Units offered hereby, each of which consists of a Note and
      Warrants.

    

    “VWAP”
means,
      for any date, the price determined by the first of the following clauses that
      applies: (a) if the Common Stock is then listed or quoted on a Trading Market,
      the daily volume weighted average price of the Common Stock for such date (or
      the nearest preceding date) on the Trading Market on which the Common Stock
      is
      then listed or quoted as reported by Bloomberg Financial L.P. (based on a
      Trading Day from 9:30 a.m. Eastern Time to 4:02 p.m. Eastern Time); (b)  if
      the Common Stock is not then listed or quoted on a Trading Market and if prices
      for the Common Stock are then quoted on the OTC Bulletin Board, the volume
      weighted average price of the Common Stock for such date (or the nearest
      preceding date) on the OTC Bulletin Board; (c) if the Common Stock is not then
      listed or quoted on the OTC Bulletin Board and if prices for the Common Stock
      are then reported in the “Pink Sheets” published by the National Quotation
      Bureau Incorporated (or a similar organization or agency succeeding to its
      functions of reporting prices), the most recent bid price per share of the
      Common Stock so reported; or (c) in all other cases, the fair market value
      of a share of Common Stock as determined by an independent appraiser selected
      in
      good faith by the Purchasers and reasonably acceptable to the
      Company.

    

    “Warrants”
means
      the Warrants in the form of Exhibit
      B,
      delivered to the Purchasers at the Closing in accordance with Section 2.2
      hereof, which warrants shall be exercisable immediately upon issuance for a
      term
      of three years at $0.40. 

    

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    ARTICLE
      II

    PURCHASE
      AND SALE

    

    2.1    Closing.
      On the
      Closing Date, each Purchaser shall purchase from the Company, severally and
      not
      jointly with the other Purchasers, and the Company shall issue and sell to
      each
      Purchaser Units consisting of (a) Notes in the principal amount equal to such
      Purchaser’s Subscription Amount and (b) Warrants to purchase one share for each
      dollar in principal amount under the Notes. The aggregate principal amount
      of
      the Notes sold hereunder shall be $300,000. Upon satisfaction of the conditions
      set forth in Section 2.2, the Closing shall occur at the offices of Sichenzia
      Ross Friedman Ference LLP, 1065 Avenue of the Americas, New York, New York
      10018
      or such other location as the parties shall mutually agree.

    

    2.2    Conditions
      to Closing.
      The
      Closing is subject to the satisfaction or waiver by the party to be benefited
      thereby of the following conditions:

    

    (a)    The
      Company shall have delivered or caused to be delivered to each Purchaser the
      following:

    

    (i)    this
      Agreement duly executed by the Company;

    

    (ii)    the
      Notes
      evidencing the principal amount equal to such Purchaser’s Subscription Amount,
      registered in the name of such Purchaser; 

    

    (iii)    Warrants
      registered in the name of such Purchaser to purchase up to one share of Common
      Stock for each dollar in principal amount under the Note purchased
      hereby;

    

    (iv)    the
      Registration Rights Agreement duly executed by the Company; 

    

    (v)    the
      Escrow Agreement duly executed by the Company;

    

    (viii)    a
      certificate, signed by the Secretary of the Company, attaching (i) the charter
      and By-Laws of the Company, and (ii) resolutions passed by its Board of
      Directors to authorize the transactions contemplated hereby and by the other
      Transaction Documents, and certifying that such documents are true and complete
      copies of the originals and that such resolutions have not been amended or
      superseded, it being understood that such Purchaser may rely on such certificate
      as a representation and warranty of the Company made herein;
      and

    

    (ix)    a
      certificate, signed by the Chief Executive Officer of the Company, certifying
      that the conditions specified in this Section have been fulfilled as of the
      Closing, it being understood that such Purchaser may rely on such certificate
      as
      though it were a representation and warranty of the Company made
      herein.

    

    (b)    At
      the
      Closing, each Purchaser shall have delivered or caused to be delivered to the
      Company the following:

     

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

     

    
      
        (i)    this
          Agreement duly executed by such Purchaser;

      

    

    

    (ii)    the
      Escrow Agreement duly executed by such Purchaser; 

    

    (iii)    such
      Purchaser’s Subscription Amount by wire transfer to the account as specified in
      writing by the Company; and

    

    (iv)    the
      Registration Rights Agreement duly executed by such Purchaser, including
      questionnaire.

    

    (c)    All
      representations and warranties of the other party contained herein shall remain
      true and correct as of the Closing Date and all covenants of the other party
      shall have been performed if due prior to such date.

    

    ARTICLE
      III

    REPRESENTATIONS
      AND WARRANTIES

    

    3.1    Representations
      and Warranties of the Company.
      Except
      as set forth under the corresponding section of the Disclosure Schedules which
      Disclosure Schedules shall be deemed a part hereof, the Company hereby makes
      the
      representations and warranties set forth below to each Purchaser:

    

    (a)    Subsidiaries.
      All of
      the direct and indirect subsidiaries of the Company are set forth in the SEC
      Documents (as hereinafter defined). The Company owns, directly or indirectly,
      all of the capital stock or other equity interests of each Subsidiary free
      and
      clear of any Liens, and all the issued and outstanding shares of capital stock
      of each Subsidiary are validly issued and are fully paid, non-assessable and
      free of preemptive and similar rights to subscribe for or purchase
      securities.

    

    (b)    Organization
      and Qualification.
      Each of
      the Company and the Subsidiaries is an entity duly incorporated or otherwise
      organized, validly existing and in good standing under the laws of the
      jurisdiction of its incorporation or organization (as applicable), with the
      requisite power and authority to own and use its properties and assets and
      to
      carry on its business as currently conducted. Neither the Company nor any
      Subsidiary is in violation or default of any of the provisions of its respective
      certificate or articles of incorporation, bylaws or other organizational or
      charter documents. Each of the Company and the Subsidiaries is duly qualified
      to
      conduct business and is in good standing as a foreign corporation or other
      entity in each jurisdiction in which the nature of the business conducted or
      property owned by it makes such qualification necessary, except where the
      failure to be so qualified or in good standing, as the case may be, could not
      have or reasonably be expected to result in (i) a material adverse effect on
      the
      legality, validity or enforceability of any Transaction Document, (ii) a
      material adverse effect on the results of operations, assets, business, or
      financial condition of the Company and the Subsidiaries, taken as a whole,
      or
      (iii) a material adverse effect on the Company’s ability to perform in any
      material respect on a timely basis its obligations under any Transaction
      Document (any of (i), (ii) or (iii), a “Material
      Adverse Effect”)
      and no
      Proceeding has been instituted in any such jurisdiction revoking, limiting
      or
      curtailing or seeking to revoke, limit or curtail such power and authority
      or
      qualification.

    

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

       

    

    (c)    Authorization;
      Enforcement.
      The
      Company has the requisite corporate power and authority to enter into and to
      consummate the transactions contemplated by each of the Transaction Documents
      and otherwise to carry out its obligations hereunder or thereunder. The
      execution and delivery of each of the Transaction Documents by the Company
      and
      the consummation by it of the transactions contemplated hereby or thereby have
      been duly authorized by all necessary action on the part of the Company and
      no
      further consent or action is required by the Company other than (i) the filing
      with the Commission of the Registration Statement, (ii) the application(s)
      to
      each applicable Trading Market for the listing of the Underlying Shares for
      trading thereon in the time and manner required thereby, (iii) the filing with
      the Commission of a Form D pursuant to Commission Regulation D, and (iv)
      applicable Blue Sky filings (collectively, the “Required
      Approvals”).

    

    (d)    Required
      Approvals.
      Each of
      the Transaction Documents has been (or upon delivery will be) duly executed
      by
      the Company and, when delivered in accordance with the terms hereof, will
      constitute the valid and binding obligation of the Company enforceable against
      the Company in accordance with its terms, subject to applicable bankruptcy,
      insolvency, fraudulent conveyance, reorganization, moratorium and similar laws
      affecting creditors’ rights and remedies generally and general principles of
      equity. Neither the Company nor any Subsidiary is in violation of any of the
      provisions of its respective certificate or articles of incorporation, by-laws
      or other organizational or charter documents except where such violation could
      not, individually or in the aggregate, constitute a Material Adverse
      Effect.

    

    (e)    No
      Conflicts.
      The
      execution, delivery and performance of the Transaction Documents by the Company,
      the issuance and sale of the Securities and the consummation by the Company
      of
      the other transactions contemplated thereby do not and will not (i) conflict
      with or violate any provision of the Company’s or any Subsidiary’s certificate
      or articles of incorporation, bylaws or other organizational or charter
      documents, or (ii) conflict with, or constitute a default (or an event that
      with
      notice or lapse of time or both would become a default) under, result in the
      creation of any Lien upon any of the properties or assets of the Company or
      any
      Subsidiary, or give to others any rights of termination, amendment, acceleration
      or cancellation (with or without notice, lapse of time or both) of, any
      agreement, credit facility, debt or other instrument (evidencing a Company
      or
      Subsidiary debt or otherwise) or other understanding to which the Company or
      any
      Subsidiary is a party or by which any property or asset of the Company or any
      Subsidiary is bound or affected, or (iii) subject to the Required Approvals,
      conflict with or result in a violation of any law, rule, regulation, order,
      judgment, injunction, decree or other restriction of any court or governmental
      authority to which the Company or a Subsidiary is subject (including federal
      and
      state securities laws and regulations), or by which any property or asset of
      the
      Company or a Subsidiary is bound or affected, or (iv) conflict with or violate
      the terms of any agreement by which the Company or any Subsidiary is bound
      or to
      which any property or asset of the Company or any Subsidiary is bound or
      affected; except in the case of each of clauses (ii) and (iii), such as could
      not have or reasonably be expected to result in a Material Adverse
      Effect.

    

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

       

    

    (f)    Filings,
      Consents and Approvals.
      Neither
      the Company nor any Subsidiary is required to obtain any consent, waiver,
      authorization or order of, give any notice to, or make any filing or
      registration with, any court or other federal, state, local or other
      governmental authority or other Person in connection with the execution,
      delivery and performance by the Company of the Transaction Documents, other
      than
      the Required Approvals.

    

    (g)    Issuance
      of the Securities.
      The
      Securities are duly authorized and, when issued and paid for in accordance
      with
      the applicable Transaction Documents, will be duly and validly issued, fully
      paid and nonassessable, free and clear of all Liens. The Company has reserved
      from its duly authorized capital stock a number of shares of Common Stock for
      issuance of the Underlying Shares at least equal to the Actual Minimum on the
      date hereof.

    

    (h)    Capitalization.
      Except
      as set forth on Schedule 3.1(h), the capitalization of the Company is as set
      forth in its Current Report on Form 8-K dated May 15, 2006. No Person has any
      right of first refusal, preemptive right, right of participation, or any similar
      right to participate in the transactions contemplated by the Transaction
      Documents. Except as a result of the purchase and sale of the Securities and
      as
      set forth on Schedule 3.1(h), there are no outstanding options, warrants, script
      rights to subscribe to, calls or commitments of any character whatsoever
      relating to, or securities, rights or obligations convertible into or
      exchangeable for, or giving any Person any right to subscribe for or acquire,
      any shares of Common Stock, or contracts, commitments, understandings or
      arrangements by which the Company or any Subsidiary is or may become bound
      to
      issue additional shares of Common Stock, of Common Stock Equivalents. Except
      as
      set forth on Schedule 3.1(h) (in each case an “Exempt
      Adjustment”),
      the
      issuance and sale of the Securities will not obligate the Company to issue
      shares of Common Stock or other securities to any Person (other than the
      Purchasers) and will not result in a right of any holder of Company securities
      to adjust the exercise, conversion, exchange or reset price under such
      securities. All of the outstanding shares of capital stock of the Company are
      validly issued, fully paid and nonassessable, have been issued in compliance
      with all federal and state securities laws, and none of such outstanding shares
      was issued in violation of any preemptive rights or similar rights to subscribe
      for or purchase securities. No further approval or authorization of any
      stockholder, the Board of Directors of the Company or others is required for
      the
      issuance and sale of the shares of the Notes. There are no stockholders
      agreements, voting agreements or other similar agreements with respect to the
      Company’s capital stock to which the Company is a party or, to the knowledge of
      the Company, between or among any of the Company’s stockholders.

    

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

       

    

    (i)    Financial
      Statements.
      Since
      June 30, 2006, the Company has filed all reports, schedules, forms, statements
      and other documents required to be filed by it with the SEC under the Securities
      Exchange Act of 1934, as amended (the “Exchange
      Act”)
      (all
      of the foregoing filed prior to the date hereof or amended after the date hereof
      and all exhibits included therein and financial statements and schedules thereto
      and documents incorporated by reference therein, being hereinafter referred
      to
      as the “SEC
      Documents”).
      The
      Company has delivered to the Purchasers or their representatives, or made
      available through the SEC’s website at http://www.sec.gov., true and complete
      copies of the SEC Documents. As of their respective dates, the financial
      statements of the Company disclosed in the SEC Documents (the “Financial
      Statements”)
      complied as to form in all material respects with applicable accounting
      requirements and the published rules and regulations of the SEC with respect
      thereto. Such financial statements have been prepared in accordance with
      generally accepted accounting principles, consistently applied, during the
      periods involved (except (i) as may be otherwise indicated in such Financial
      Statements or the notes thereto, or (ii) in the case of unaudited interim
      statements, to the extent they may exclude footnotes or may be condensed or
      summary statements) and, fairly present in all material respects the financial
      position of the Company as of the dates thereof and the results of its
      operations and cash flows for the periods then ended (subject, in the case
      of
      unaudited statements, to normal year-end audit adjustments). No other
      information provided by or on behalf of the Company to the Purchasers which
      is
      not included in the SEC Documents, including, without limitation, information
      referred to in this Agreement, contains any untrue statement of a material
      fact
      or omits to state any material fact necessary in order to make the statements
      therein, in the light of the circumstances under which they were made, not
      misleading.

    

    (j)    Material
      Changes.
      Since
      the date of the Company’s post-merger 8k filing on May 15, 2006, and any
      subsequent form 8-K filings, (i) there has been no event, occurrence or
      development that has had or that could reasonably be expected to result in
      a
      Material Adverse Effect, (ii) the Company has not incurred any liabilities
      (contingent or otherwise) other than (A) trade payables and accrued expenses
      incurred in the ordinary course of business consistent with past practice and
      (B) liabilities not required to be reflected in the Company's financial
      statements pursuant to GAAP, (iii) the Company has not altered its method of
      accounting, (iv) the Company has not declared or made any dividend or
      distribution of cash or other property to its stockholders or purchased,
      redeemed or made any agreements to purchase or redeem any shares of its capital
      stock and (v) the Company has not issued any equity securities to any officer,
      director or Affiliate, except pursuant to existing Company stock option plans.
      

    

    (k)    Litigation.
      There
      is no action, suit, inquiry, notice of violation, proceeding or investigation
      pending or, to the knowledge of the Company, threatened against or affecting
      the
      Company, any Subsidiary or any of their respective properties before or by
      any
      court, arbitrator, governmental or administrative agency or regulatory authority
      (federal, state, county, local or foreign) (collectively, an “Action”)
      which
      (i) adversely affects or challenges the legality, validity or enforceability
      of
      any of the Transaction Documents or the Securities or (ii) could, if there
      were
      an unfavorable decision, have or reasonably be expected to result in a Material
      Adverse Effect. Neither the Company nor any Subsidiary, nor any director or
      officer thereof, is or has been the subject of any Action involving a claim
      of
      violation of or liability under federal or state securities laws or a claim
      of
      breach of fiduciary duty. There has not been, and to the knowledge of the
      Company, there is not pending or contemplated, any investigation by the
      Commission involving the Company or any current or former director or officer
      of
      the Company. .

    

    
      
         

      

      
        -9-

        
          

        

      

      
         

      

       

    

    (l)    Labor
      Relations.
      No
      material labor dispute exists or, to the knowledge of the Company, is imminent
      with respect to any of the employees of the Company, which could reasonably
      be
      expected to result in a Material Adverse Effect.

    

    (m)    Compliance.
      Neither
      the Company nor any Subsidiary (i) is in default under or in violation of (and
      no event has occurred that has not been waived that, with notice or lapse of
      time or both, would result in a default by the Company or any Subsidiary under),
      nor has the Company or any Subsidiary received notice of a claim that it is
      in
      default under or that it is in violation of, any indenture, loan or credit
      agreement or any other agreement or instrument to which it is a party or by
      which it or any of its properties is bound (whether or not such default or
      violation has been waived), (ii) is in violation of any order of any court,
      arbitrator or governmental body, or (iii) is or has been in violation of any
      statute, rule or regulation of any governmental authority, including without
      limitation all foreign, federal, state and local laws applicable to its business
      except in each case as could not have a Material Adverse Effect. 

    

    (n)    Regulatory
      Permits.
      The
      Company and the Subsidiaries possess all certificates, authorizations and
      permits issued by the appropriate federal, state, local or foreign regulatory
      authorities necessary to conduct their respective businesses, except where
      the
      failure to possess such permits could not, individually or in the aggregate,
      have or reasonably be expected to result in a Material Adverse Effect
      (“Material
      Permits”),
      and
      neither the Company nor any Subsidiary has received any notice of proceedings
      relating to the revocation or modification of any Material Permit.

    

    (o)    Title
      to Assets.
      Except
      as set forth on Schedule 3(o), The Company and the Subsidiaries have good and
      marketable title in fee simple to all real property owned by them that is
      material to the business of the Company and the Subsidiaries and good and
      marketable title in all personal property owned by them that is material to
      the
      business of the Company and the Subsidiaries, in each case free and clear of
      all
      Liens, except for Liens as do not materially affect the value of such property
      and do not materially interfere with the use made and proposed to be made of
      such property by the Company and the Subsidiaries, Liens for the payment of
      federal, state or other taxes, the payment of which is neither delinquent nor
      subject to penalties and Liens imposed to secure loans extended by American
      Business Finance LLC (the “ABF
      Loan”).
      Any
      real property and facilities held under lease by the Company and the
      Subsidiaries are held by them under valid, subsisting and enforceable leases
      of
      which the Company and the Subsidiaries are in compliance.

    

    (p)    Patents
      and Trademarks.
      The
      Company and the Subsidiaries have, or have rights to use, all patents, patent
      applications, trademarks, trademark applications, service marks, trade names,
      copyrights, licenses and other similar rights that are necessary or material
      for
      use in connection with their respective businesses and which the failure to
      so
      have could have a Material Adverse Effect (collectively, the “Intellectual
      Property Rights”).
      Neither the Company nor any Subsidiary has received a written notice that the
      Intellectual Property Rights used by the Company or any Subsidiary violates
      or
      infringes upon the rights of any Person. To the knowledge of the Company, all
      such Intellectual Property Rights are enforceable and there is no existing
      infringement by another Person of any of the Intellectual Property Rights of
      others.

    

    
      
         

      

      
        -10-

        
          

        

      

      
         

      

       

    

    (q)    Insurance.
      The
      Company and the Subsidiaries are insured by insurers of recognized financial
      responsibility against such losses and risks and in such amounts as are prudent
      and customary in the businesses in which the Company and the Subsidiaries are
      engaged, including but not limited to directors and officers insurance coverage
      at least equal to the aggregate Subscription Amount. To the best of Company’s
      knowledge, such insurance contracts and policies are accurate and complete.
      Neither the Company nor any Subsidiary has any reason to believe that it will
      not be able to renew its existing insurance coverage as and when such coverage
      expires or to obtain similar coverage from similar insurers as may be necessary
      to continue its business without a significant increase in cost.

    

    (r)    Transactions
      With Affiliates and Employees.
      None of
      the officers or directors of the Company and, to the knowledge of the Company,
      none of the employees of the Company is presently a party to any transaction
      with the Company or any Subsidiary (other than for services as employees,
      officers and directors), including any contract, agreement or other arrangement
      providing for the furnishing of services to or by, providing for rental of
      real
      or personal property to or from, or otherwise requiring payments to or from
      any
      officer, director or such employee or, to the knowledge of the Company, any
      entity in which any officer, director, or any such employee has a substantial
      interest or is an officer, director, trustee or partner, in each case in excess
      of $60,000 other than (i) for payment of salary or consulting fees for services
      rendered, (ii) reimbursement for expenses incurred on behalf of the Company
      and
      (iii) for other employee benefits, including stock option agreements under
      any
      stock option plan of the Company.

    

    (s)    Internal
      Accounting Controls.
      The
      Company and the Subsidiaries maintain a system of internal accounting controls
      sufficient to provide reasonable assurance that (i) transactions are executed
      in
      accordance with management's general or specific authorizations, (ii)
      transactions are recorded as necessary to permit preparation of financial
      statements in conformity with GAAP and to maintain asset accountability, (iii)
      access to assets is permitted only in accordance with management's general
      or
      specific authorization, and (iv) the recorded accountability for assets is
      compared with the existing assets at reasonable intervals and appropriate action
      is taken with respect to any differences.

    

    (t)    Certain
      Fees.
      Except
      as set forth on Schedule 3.1(t), no brokerage or finder’s fees or commissions
      are or will be payable by the Company to any broker, financial advisor or
      consultant, finder, placement agent, investment banker, bank or other Person
      with respect to the transactions contemplated by this Agreement. Except as
      set
      forth on Schedule 3.1(t), the Purchasers shall have no obligation with respect
      to any fees or with respect to any claims made by or on behalf of other Persons
      for fees of a type contemplated in this Section that may be due in connection
      with the transactions contemplated by this Agreement.

    

    
      
         

      

      
        -11-

        
          

        

      

      
         

      

       

    

    (u)    Private
      Placement.
      Assuming the accuracy of the Purchasers representations and warranties set
      forth
      in Section 3.2, no registration under the Securities Act is required for the
      offer and sale of the Securities by the Company to the Purchasers as
      contemplated hereby.

    

    (v)    Registration
      Rights.
      Except
      as set forth on Schedule 3.1(v), no Person has any right to cause the Company
      to
      effect the registration under the Securities Act of any securities of the
      Company. 

    

    (w)    No
      Integrated Offering.
      Neither
      the Company, nor any of its Affiliates, nor any Person acting on its or their
      behalf has, directly or indirectly, made any offers or sales of any security
      or
      solicited any offers to buy any security, under circumstances that would cause
      this offering of the Securities to be integrated with prior offerings by the
      Company thereby requiring registration under the Securities Act of the
      Securities sold to the Purchasers or which could violate any applicable
      shareholder approval provisions, including, without limitation, under the rules
      and regulations of the Trading Market. 

    

    (x)    Indebtedness.
      The
      Company has no knowledge of any facts or circumstances which lead it to believe
      that it will file for reorganization or liquidation under the bankruptcy or
      reorganization laws of any jurisdiction within one year from the Closing Date.
      For the purposes of this Agreement, “Indebtedness”
shall
      mean (a) any liabilities for borrowed money or amounts owed in excess of $50,000
      (other than trade accounts payable incurred in the ordinary course of business),
      (b) all guaranties, endorsements and other contingent obligations in respect
      of
      Indebtedness of others, whether or not the same are or should be reflected
      in
      the Company's balance sheet (or the notes thereto), except guaranties by
      endorsement of negotiable instruments for deposit or collection or similar
      transactions in the ordinary course of business; and (c) the present value
      of
      any lease payments
      in excess of $50,000 due under leases required to be capitalized in accordance
      with GAAP. Neither
      the Company nor any Subsidiary is in default with respect to any
      Indebtedness.

    

    (y)    Tax
      Status.
      Except
      as set forth on Schedule 3(w), the Company and each of its Subsidiaries has
      made
      or filed all federal, state and foreign income and all other tax returns,
      reports and declarations required by any jurisdiction to which it is subject
      (unless and only to the extent that the Company and each of its Subsidiaries
      has
      set aside on its books provisions reasonably adequate for the payment of all
      unpaid and unreported taxes) and has paid all taxes and other governmental
      assessments and charges that are material in amount, shown or determined to
      be
      due on such returns, reports and declarations, except those being contested
      in
      good faith and has set aside on its books provisions reasonably adequate for
      the
      payment of all taxes for periods subsequent to the periods to which such
      returns, reports or declarations apply. There are no unpaid taxes in any
      material amount claimed to be due by the taxing authority of any jurisdiction,
      and the officers of the Company know of no basis for any such claim. The Company
      has not executed a waiver with respect to the statute of limitations relating
      to
      the assessment or collection of any foreign, federal, statue or local tax.
      None
      of the Company’s tax returns is presently being audited by any taxing authority.

    

    
      
         

      

      
        -12-

        
          

        

      

      
         

      

       

    

    (z)    No
      General Solicitation or Advertising in Regard to this
      Transaction.
      Neither
      the Company nor, to the knowledge of the Company, any of its directors or
      officers (i) has conducted or will conduct any general solicitation (as that
      term is used in Rule 502(c) of Regulation D) or general advertising with respect
      to the sale of the Notes or the Warrants.

    

    (aa)    Foreign
      Corrupt Practices.
      Neither
      the Company, nor to the knowledge of the Company, any agent or other person
      acting on behalf of the Company, has (i) directly or indirectly, used any
      corrupt funds for unlawful contributions, gifts, entertainment or other unlawful
      expenses related to foreign or domestic political activity, (ii) made any
      unlawful payment to foreign or domestic government officials or employees or
      to
      any foreign or domestic political parties or campaigns from corporate funds,
      (iii) failed to disclose fully any contribution made by the Company (or made
      by
      any person acting on its behalf of which the Company is aware) which is in
      violation of law, or (iv) violated in any material respect any provision of
      the
      Foreign Corrupt Practices Act of 1977, as amended

    

    (bb)    Acknowledgment
      Regarding Purchasers’ Purchase of Securities.
      The
      Company acknowledges and agrees that the Purchasers are acting solely in the
      capacity of arm’s length purchasers with respect to this Agreement and the
      transactions contemplated hereby. The Company further acknowledges that no
      Purchaser is acting as a financial advisor or fiduciary of the Company (or
      in
      any similar capacity) with respect to this Agreement and the transactions
      contemplated hereby and any statement made by any Purchaser or any of their
      respective representatives or agents in connection with this Agreement and
      the
      transactions contemplated hereby is not advice or a recommendation and is merely
      incidental to the Purchasers’ purchase of the Securities. The Company further
      represents to each Purchaser that the Company’s decision to enter into this
      Agreement has been based solely on the independent evaluation of the Company
      and
      its representatives

    

    (cc)    No
      Disagreements with Accountants and Lawyers.
      There
      are no disagreements of any kind presently existing, or reasonably anticipated
      by the Company to arise, between the accountants and lawyers formerly or
      presently engaged by the Company and the Company is current with respect to
      any
      fees owed to its accountants and lawyers.

    

    3.2    Representations
      and Warranties of the Purchasers.
      Each
      Purchaser hereby, for itself and for no other Purchaser, represents and warrants
      as of the date hereof and as of the Closing Date to the Company as
      follows:

    

    
      
         

      

      
        -13-

        
          

        

      

      
         

      

       

    

    (a)    Organization;
      Authority.
      Such
      Purchaser is an entity duly organized, validly existing and in good standing
      under the laws of the jurisdiction of its organization with full right,
      corporate or partnership power and authority to enter into and to consummate
      the
      transactions contemplated by the Transaction Documents and otherwise to carry
      out its obligations thereunder. The execution, delivery and performance by
      such
      Purchaser of the transactions contemplated by this Agreement have been duly
      authorized by all necessary corporate or similar action on the part of such
      Purchaser. Each Transaction Document to which it is a party has been duly
      executed by such Purchaser, and when delivered by such Purchaser in accordance
      with the terms hereof, will constitute the valid and legally binding obligation
      of such Purchaser, enforceable against it in accordance with its terms, except
      (i) as limited by general equitable principles and applicable bankruptcy,
      insolvency, reorganization, moratorium and other laws of general application
      affecting enforcement of creditors’ rights generally, (ii) as limited by laws
      relating to the availability of specific performance, injunctive relief or
      other
      equitable remedies and (iii) insofar as indemnification and contribution
      provisions may be limited by applicable law.

    

    (b)    No
      View to Distribute.
      Such
      Purchaser understands that the Securities are “restricted securities” and have
      not been registered under the Securities Act or any applicable state securities
      law and is acquiring the Securities as principal for its own account and not
      with a view to or for distributing or reselling such Securities or any part
      thereof, has no present intention of distributing any of such Securities and
      has
      no arrangement or understanding with any other persons regarding the
      distribution of such Securities (this representation and warranty not limiting
      such Purchaser’s right to sell the Securities pursuant to the Registration
      Statement or otherwise in compliance with applicable federal and state
      securities laws). Such Purchaser is acquiring the Securities hereunder in the
      ordinary course of its business. Such Purchaser does not have any agreement
      or
      understanding, directly or indirectly, with any Person to distribute any of
      the
      Securities.

    

    (c)    Purchaser
      Status.
      At the
      time such Purchaser was offered the Securities, it was, and at the date hereof
      it is, and on each date on which it exercises any Warrants, it will be either:
      (i) an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3),
      (a)(7) or (a)(8) under the Securities Act or (ii) a “qualified institutional
      buyer” as defined in Rule 144A(a) under the Securities Act. Such Purchaser is
      not required to be registered as a broker-dealer under Section 15 of the
      Exchange Act.

    

    (d)    Experience
      of Such Purchaser.
      Such
      Purchaser, either alone or together with its representatives, has such
      knowledge, sophistication and experience in business and financial matters
      so as
      to be capable of evaluating the merits and risks of the prospective investment
      in the Securities, and has so evaluated the merits and risks of such investment.
      Such Purchaser is able to bear the economic risk of an investment in the
      Securities and, at the present time, is able to afford a complete loss of such
      investment.

    

    
      
         

      

      
        -14-

        
          

        

      

      
         

      

       

    

    (e)    General
      Solicitation.
      Such
      Purchaser is not purchasing the Securities as a result of any advertisement,
      article, notice or other communication regarding the Securities published in
      any
      newspaper, magazine or similar media or broadcast over television or radio
      or
      presented at any seminar or any other general solicitation or general
      advertisement.

    

    The
      Company acknowledges and agrees that each Purchaser does not make or has not
      made any representations or warranties with respect to the transactions
      contemplated hereby other than those specifically set forth in this Section
      3.2.

    

    ARTICLE
      IV

    OTHER
      AGREEMENTS OF THE PARTIES

    

    4.1    Transfer
      Restrictions.

    

    (a)    The
      Securities may only be disposed of in compliance with state and federal
      securities laws. In connection with any transfer of Securities other than
      pursuant to an effective registration statement or Rule 144, to the Company
      or
      to an Affiliate of a Purchaser or in connection with a pledge as contemplated
      in
      Section 4.1(b), the Company may require the transferor thereof to provide to
      the
      Company an opinion of counsel selected by the transferor and reasonably
      acceptable to the Company, the form and substance of which opinion and shall
      be
      reasonably satisfactory to the Company, to the effect that such transfer does
      not require registration of such transferred Securities under the Securities
      Act. As a condition of transfer, any such transferee shall agree in writing
      to
      be bound by the terms of this Agreement and shall have the rights of a Purchaser
      under this Agreement and the Registration Rights Agreement.

    

    (b)    Each
      Purchaser agrees to the imprinting, so long as is required by this Section
      4.1(b), of the following legend on any certificate evidencing Securities:

    

    [NEITHER]
      THESE SECURITIES [NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE
      [EXERCISABLE] [CONVERTIBLE]] HAVE BEEN REGISTERED WITH THE SECURITIES AND
      EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON
      AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED
      (THE
“SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT
      TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT
      TO
      AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE
      REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
      APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL
      TO
      THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY
      ACCEPTABLE TO THE COMPANY. THESE SECURITIES AND THE SECURITIES ISSUABLE UPON
      EXERCISE OF THESE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE
      MARGIN ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITIES.

    

    
      
         

      

      
        -15-

        
          

        

      

      
         

      

       

    

    The
      Company acknowledges and agrees that a Purchaser may from time to time pledge
      pursuant to a bona fide margin agreement with a registered broker-dealer or
      grant a security interest in some or all of the Securities to a financial
      institution that is an “accredited investor” as defined in Rule 501(a) under the
      Securities Act and who agrees to be bound by the provisions of this Agreement
      and the Registration Rights Agreement and, if required under the terms of such
      arrangement, such Purchaser may transfer pledged or secured Securities to the
      pledgees or secured parties. Such a pledge or transfer would not be subject
      to
      approval of the Company and no legal opinion of legal counsel of the pledgee,
      secured party or pledgor shall be required in connection therewith. Further,
      no
      notice shall be required of such pledge. At the appropriate Purchaser’s expense,
      the Company will execute and deliver such reasonable documentation as a pledgee
      or secured party of Securities may reasonably request in connection with a
      pledge or transfer of the Securities, including, if the Securities are subject
      to registration pursuant to the Registration Rights Agreement, the preparation
      and filing of any required prospectus supplement under Rule 424(b)(3) under
      the
      Securities Act or other applicable provision of the Securities Act to
      appropriately amend the list of Selling Stockholders thereunder.

    

    (c)    The
      Company shall cause its counsel to issue a legal opinion to the Company’s
      transfer agent promptly after the Effective Date if required by the Company’s
      transfer agent to effect the removal of the legend hereunder, provided that
      the
      removal of such legend is consistent with applicable securities laws. If all
      or
      any portion of a Warrant exercised (as applicable) at a time when there is
      an
      effective registration statement to cover the resale of the Underlying Shares,
      or if such Underlying Shares may be sold under Rule 144 or if such legend is
      not
      otherwise required under applicable requirements of the Securities Act
      (including judicial interpretations thereof) then such Underlying Shares shall
      be issued free of all legends upon delivery, in the case of a sale under Rule
      144, of the customary Rule 144 documentation. The Company agrees that following
      the Effective Date or at such time as such legend is no longer required under
      this Section 4.1(c), it will, no later than five Trading Days following the
      delivery by a Purchaser to the Company or the Company's transfer agent of a
      certificate representing Securities issued with a restrictive legend (such
      date,
      the “Legend
      Removal Date”),
      deliver or cause to be delivered to such Purchaser a certificate representing
      such Underlying Shares that is free from all restrictive and other legends.
      The
      Company may not make any notation on its records or give instructions to any
      transfer agent of the Company that enlarge the restrictions on transfer set
      forth in this Section. Certificates for Securities subject to legend removal
      hereunder shall be transmitted by the transfer agent of the Company to the
      Purchasers by crediting the account of the Purchaser’s prime broker with the
      Depository Trust Company System. 

    

    (d)    In
      addition to such Purchaser’s other available remedies, the Company shall pay to
      a Purchaser, in cash or, at the option of the Company, in shares of Common
      Stock, as partial liquidated damages and not as a penalty, for each $1,000
      of
      Underlying Shares (based on the VWAP on the date such Securities are submitted
      to the Company’s transfer agent) delivered for removal of the restrictive legend
      and subject to this Section 4.1(c), $10 per Trading Day (increasing to $20
      per
      Trading Day five (5) Trading Days after such damages have begun to accrue)
      for
      each Trading Day after the Legend Removal Date until such certificate is
      delivered. Nothing herein shall limit such Purchaser’s right to pursue actual
      damages for the Company’s failure to deliver certificates representing any
      Securities as required by the Transaction Documents, and such Purchaser shall
      have the right to pursue all remedies available to it at law or in equity
      including, without limitation, a decree of specific performance and/or
      injunctive relief.

    

    
      
         

      

      
        -16-

        
          

        

      

      
         

      

       

    

    (e)    Each
      Purchaser, severally and not jointly with the other Purchasers, agrees that
      the
      removal of the restrictive legend from certificates representing Securities
      as
      set forth in this Section 4.1 is predicated upon the Company’s reliance that the
      Purchaser will sell any Securities pursuant to either the registration
      requirements of the Securities Act, including any applicable prospectus delivery
      requirements, or an exemption therefrom.

    

    4.2    Furnishing
      of Information.
      As long
      as any Purchaser owns Securities, the Company covenants to timely file (or
      obtain extensions in respect thereof and file within the applicable grace
      period) all reports required to be filed by the Company after the date hereof
      pursuant to the Exchange Act. Upon the request of any Purchaser, the Company
      shall deliver to such Purchaser a written certification of a duly authorized
      officer as to whether it has complied with the preceding sentence. As long
      as
      any Purchaser owns Securities, if the Company is not required to file reports
      pursuant to such laws, it will prepare and furnish to each Purchaser and make
      publicly available in accordance with Rule 144(c) such information as is
      required for each Purchaser to sell the Securities under Rule 144. The Company
      further covenants that it will take such further action as any holder of
      Securities may reasonably request, all to the extent required from time to
      time
      to enable such Person to sell such Securities without registration under the
      Securities Act within the limitation of the exemptions provided by Rule
      144.

    

    4.3    Integration.
      The
      Company shall not sell, offer for sale or solicit offers to buy or otherwise
      negotiate in respect of any security (as defined in Section 2 of the Securities
      Act) that would be integrated with the offer or sale of the Securities in a
      manner that would require the registration under the Securities Act of the
      sale
      of the Securities to the Purchasers or that would be integrated with the offer
      or sale of the Securities for purposes of the rules and regulations of any
      Trading Market such that it would require shareholder approval prior to the
      closing of such other transaction unless shareholder approval is obtained before
      the closing of such subsequent transaction.

    

    4.4    Indemnification
      of Purchasers.
      Subject
      to the provisions of this Section 4.4, the Company will indemnify and hold
      the
      Purchasers and their directors, officers, shareholders, partners, employees
      and
      agents (each, a “Purchaser
      Party”)
      harmless from any and all losses, liabilities, obligations, claims,
      contingencies, damages, costs and expenses, including all judgments, amounts
      paid in settlements, court costs and reasonable attorneys’ fees and costs of
      investigation that any such Purchaser Party may suffer or incur as a result
      of
      or relating to (a) any breach of any of the representations, warranties,
      covenants or agreements made by the Company in this Agreement or in the other
      Transaction Documents or (b) any action instituted against a Purchaser, or
      any
      of them or their respective Affiliates, by any stockholder of the Company who
      is
      not an Affiliate of such Purchaser, with respect to any of the transactions
      contemplated by the Transaction Documents (unless such action is based upon
      a
      breach of such Purchaser’s representation, warranties or covenants under the
      Transaction Documents or any agreements or understandings such Purchaser may
      have with any such stockholder or any violations by the Purchaser of state
      or
      federal securities laws or any conduct by such Purchaser which constitutes
      fraud, gross negligence, willful misconduct or malfeasance). If any action
      shall
      be brought against any Purchaser Party in respect of which indemnity may be
      sought pursuant to this Agreement, such Purchaser Party shall promptly notify
      the Company in writing, and the Company shall have the right to assume the
      defense thereof with counsel of its own choosing. Any Purchaser Party shall
      have
      the right to employ separate counsel in any such action and participate in
      the
      defense thereof, but the fees and expenses of such counsel shall be at the
      expense of such Purchaser Party except to the extent that (i) the employment
      thereof has been specifically authorized by the Company in writing, (ii) the
      Company has failed after a reasonable period of time to assume such defense
      and
      to employ counsel or (iii) in such action there is, in the reasonable opinion
      of
      such separate counsel, a material conflict on any material issue between the
      position of the Company and the position of such Purchaser Party. The Company
      will not be liable to any Purchaser Party under this Agreement (i) for any
      settlement by an Purchaser Party effected without the Company’s prior written
      consent, which shall not be unreasonably withheld or delayed; or (ii) to the
      extent, but only to the extent that a loss, claim, damage or liability is
      attributable to any Purchaser Party’s breach of any of the representations,
      warranties, covenants or agreements made by the Purchasers in this Agreement
      or
      in the other Transaction Documents.

    

    
      
         

      

      
        -17-

        
          

        

      

      
         

      

       

    

    4.5    Reservation
      and Listing of Securities.

    

    (a)    The
      Company shall maintain a reserve from its duly authorized shares of Common
      Stock
      for issuance pursuant to the Transaction Documents in such amount as may be
      required to fulfill its obligations in full under the Transaction Documents.
      

    

    (b)    If,
      on
      any date, the number of authorized but unissued (and otherwise unreserved)
      shares of Common Stock is less than 130% of (i) the Actual Minimum on such
      date, minus (ii) the number of shares of Common Stock previously issued pursuant
      to the Transaction Documents, then the Board of Directors of the Company shall
      use commercially reasonable efforts to amend the Company's certificate or
      articles of incorporation to increase the number of authorized but unissued
      shares of Common Stock to at least the Actual Minimum at such time (minus the
      number of shares of Common Stock previously issued pursuant to the Transaction
      Documents), as soon as possible and in any event not later than the 75th day
      after such date; provided that the Company will not be required at any time
      to
      authorize a number of shares of Common Stock greater than the maximum remaining
      number of shares of Common Stock that could possibly be issued after such time
      pursuant to the Transaction Documents.

    

    (c)    The
      Company shall: (i) in the time and manner required by the Trading Market,
      prepare and file with such Trading Market an additional shares listing
      application covering a number of shares of Common Stock at least equal to the
      Actual Minimum on the date of such application, (ii) take all steps necessary
      to
      cause such shares of Common Stock to be approved for listing on the Trading
      Market as soon as possible thereafter, (iii) provide to each Purchaser evidence
      of such listing, and (iv) use reasonable efforts to maintain the listing of
      such
      Common Stock on such Trading Market or another Trading Market. In addition,
      the
      Company shall hold a special meeting of shareholders (which may also be at
      the
      annual meeting of shareholders) at the earliest practical date, for the purpose
      of obtaining Shareholder Approval, with the recommendation of the Company’s
      Board of Directors that such proposal be approved, and the Company shall solicit
      proxies from its shareholders in connection therewith in the same manner as
      all
      other management proposals in such proxy statement and all management-appointed
      proxyholders shall vote their proxies in favor of such proposal.

    

    
      
         

      

      
        -18-

        
          

        

      

      
         

      

       

    

    4.6    Conversion
      and Exercise Procedures.
      The
      form of Election to Purchase included in the Warrants set forth the totality
      of
      the procedures required in order to exercise the Warrants. No additional legal
      opinion or other information or instructions shall be necessary to enable each
      Purchaser to exercise their Warrants. The Company shall honor exercises of
      the
      Warrants and and shall deliver Underlying Shares in accordance with the terms,
      conditions and time periods set forth in the Transaction Documents. The Company
      acknowledges that the issuance of the Securities may result in dilution of
      the
      outstanding shares of Common Stock, which dilution may be substantial under
      certain market conditions. The Company further acknowledges that its obligations
      under the Transaction Documents, including its obligation to issue the
      Underlying Shares pursuant to the Transaction Documents, are unconditional
      and
      absolute and not subject to any right of set off, counterclaim, delay or
      reduction, regardless of the effect of any such dilution or any claim the
      Company may have against any Purchaser and regardless of the dilutive effect
      that such issuance may have on the ownership of the other stockholders of the
      Company.

    

    4.7    Equal
      Treatment of Purchasers.
      No
      consideration shall be offered or paid to any person to amend or consent to
      a
      waiver or modification of any provision of any of the Transaction Documents
      unless the same consideration is also offered to all of the parties to the
      Transaction Documents. For clarification purposes, this provision constitutes
      a
      separate right granted to each Purchaser by the Company and negotiated
      separately by each Purchaser, and is intended to treat for the Company the
      Purchasers as a class and shall not in any way be construed as the Purchasers
      acting in concert or as a group with respect to the purchase, disposition or
      voting of Securities or otherwise.

    

    4.8    Participation
      in Future Financing.
      From
      the date hereof until 12 months after such date, upon any financing by the
      Company of its Common Stock or Common Stock Equivalents (a “Subsequent
      Financing”),
      each
      Purchaser shall have the right to participate in of such Subsequent Financing
      up
      to the amount purchased herewith. At least 5 Trading Days prior to the closing
      of the Subsequent Financing, the Company shall deliver to each Purchaser a
      written notice of its intention to effect a Subsequent Financing (“Pre-Notice”),
      which
      Pre-Notice shall ask such Purchaser if it wants to review the details of such
      financing (such additional notice, a “Subsequent
      Financing Notice”).
      Upon
      the request of a Purchaser, and only upon a request by such Purchaser, for
      a
      Subsequent Financing Notice, the Company shall promptly, but no later than
      1
      Trading Day after such request, deliver a Subsequent Financing Notice to such
      Purchaser. The Subsequent Financing Notice shall describe in reasonable detail
      the proposed terms of such Subsequent Financing, the amount of proceeds intended
      to be raised thereunder, the Person with whom such Subsequent Financing is
      proposed to be effected, and attached to which shall be a term sheet or similar
      document relating thereto. If by 6:30 p.m. (New York City time) on the
      5th
      Trading
      Day after all of the Purchasers have received the Pre-Notice, notifications
      of
      the Purchasers of their willingness to participate in the Subsequent Financing
      (or to cause their designees to provide) is, in the aggregate, less than the
      total amount of the Subsequent Financing, then the Company may effect the
      remaining portion of such Subsequent Financing on the terms and to the Persons
      set forth in the Subsequent Financing Notice. If the Company receives no notice
      from a Purchaser as of such 5th
      Trading
      Day, such Purchaser shall be deemed to have notified the Company that it does
      not elect to participate. The Company must provide the Purchasers with a second
      Subsequent Financing Notice, and the Purchasers will again have the right of
      participation set forth above in this Section 4.8, if the Subsequent Financing
      subject to the initial Subsequent Financing Notice is not consummated for any
      reason on the terms set forth in such Subsequent Financing Notice within 60
      Trading Days after the date of the initial Subsequent Financing Notice. In
      the
      event the Company receives responses to Subsequent Financing Notices from
      Purchasers seeking to purchase more than the aggregate amount of the Subsequent
      Financing, each such Purchaser shall have the right to purchase their Pro Rata
      Portion (as defined below) of the Subsequent Financing. “Pro
      Rata Portion”
is
      the
      ratio of (x) the Subscription Amount of a participating Purchaser and (y) the
      sum of the aggregate Subscription Amount of all participating Purchasers.
      Notwithstanding the foregoing, this Section 4.8 shall not apply in respect
      of an
      Exempt Issuance. The Purchasers is granted the registration rights under the
      Registration Rights Agreement in relation to securities issued in a Subsequent
      Financing. 

    

    
      
         

      

      
        -19-

        
          

        

      

      
         

      

    

     

    ARTICLE
      V

    MISCELLANEOUS

    

    5.1    Fees
      and Expenses.
      Except
      as otherwise set forth in this Agreement, each party shall pay the fees and
      expenses of its advisers, counsel, accountants and other experts, if any, and
      all other expenses incurred by such party incident to the negotiation,
      preparation, execution, delivery and performance of this Agreement. The Company
      shall pay all stamp and other taxes and duties levied in connection with the
      sale of the Securities as well as any expenses in connection with UCC searches
      and filings.

    

    5.2    Entire
      Agreement.
      The
      Transaction Documents, together with the exhibits and schedules thereto, contain
      the entire understanding of the parties with respect to the subject matter
      hereof and supersede all prior agreements and understandings, oral or written,
      with respect to such matters, which the parties acknowledge have been merged
      into such documents, exhibits and schedules.

    

    5.3    Notices.
      Any and
      all notices or other communications or deliveries required or permitted to
      be
      provided hereunder shall be in writing and shall be deemed given and effective
      on the earliest of (a) the date of transmission, if such notice or communication
      is delivered via facsimile at the facsimile number specified on the signature
      page prior to 5:30 p.m. (New York City time) on a Trading Day and an electronic
      confirmation of delivery is received by the sender, (b) the next Trading Day
      after the date of transmission, if such notice or communication is delivered
      via
      facsimile at the facsimile number specified in this Section on a day that is
      not
      a Trading Day or later than 5:30 p.m. (New York City time) on any Trading Day,
      (c) three Trading Days following the date of mailing, if sent by U.S. nationally
      recognized overnight courier service, or (d) upon actual receipt by the party
      to
      whom such notice is required to be given. The addresses for such notices and
      communications are those set forth on the signature pages hereof, or such other
      address as may be designated in writing hereafter, in the same manner, by such
      Person.

    

    5.4    Amendments;
      Waivers.
      No
      provision of this Agreement may be waived or amended except in a written
      instrument signed, in the case of an amendment, by the Company and each
      Purchaser or, in the case of a waiver, by the party against whom enforcement
      of
      any such waiver is sought. No waiver of any default with respect to any
      provision, condition or requirement of this Agreement shall be deemed to be
      a
      continuing waiver in the future or a waiver of any subsequent default or a
      waiver of any other provision, condition or requirement hereof, nor shall any
      delay or omission of either party to exercise any right hereunder in any manner
      impair the exercise of any such right.

    

    
      
         

      

      
        -20-

        
          

        

      

      
         

      

       

    

    5.5    Construction.
      The
      headings herein are for convenience only, do not constitute a part of this
      Agreement and shall not be deemed to limit or affect any of the provisions
      hereof. The language used in this Agreement will be deemed to be the language
      chosen by the parties to express their mutual intent, and no rules of strict
      construction will be applied against any party.

    

    5.6    Successors
      and Assigns.
      This
      Agreement shall be binding upon and inure to the benefit of the parties and
      their successors and permitted assigns. The Company may not assign this
      Agreement or any rights or obligations hereunder without the prior written
      consent of each Purchaser. Any Purchaser may assign any or all of its rights
      under this Agreement to any Person to whom such Purchaser assigns or transfers
      any Securities, provided such transferee agrees in writing to be bound, with
      respect to the transferred Securities, by the provisions hereof that apply
      to
      the “Purchasers”.

    

    5.7    No
      Third-Party Beneficiaries.
      This
      Agreement is intended for the benefit of the parties hereto and their respective
      successors and permitted assigns and is not for the benefit of, nor may any
      provision hereof be enforced by, any other Person, except as otherwise set
      forth
      in Section 4.9.

    

    5.8    Governing
      Law.
      All
      questions concerning the construction, validity, enforcement and interpretation
      of the Transaction Documents shall be governed by and construed and enforced
      in
      accordance with the internal laws of the State of New York, without regard
      to
      the principles of conflicts of law thereof. Each party agrees that all legal
      proceedings concerning the interpretations, enforcement and defense of the
      transactions contemplated by this Agreement and any other Transaction Documents
      (whether brought against a party hereto or its respective affiliates, directors,
      officers, shareholders, employees or agents) shall be commenced exclusively
      in
      the state and federal courts sitting in the City of New York. Each party hereby
      irrevocably submits to the exclusive jurisdiction of the state and federal
      courts sitting in the City of New York, borough of Manhattan for the
      adjudication of any dispute hereunder or in connection herewith or with any
      transaction contemplated hereby or discussed herein (including with respect
      to
      the enforcement of any of the Transaction Documents), and hereby irrevocably
      waives, and agrees not to assert in any suit, action or proceeding, any claim
      that it is not personally subject to the jurisdiction of any such court, that
      such suit, action or proceeding is improper or inconvenient venue for such
      proceeding. Each party hereby irrevocably waives personal service of process
      and
      consents to process being served in any such suit, action or proceeding by
      mailing a copy thereof via registered or certified mail or overnight delivery
      (with evidence of delivery) to such party at the address in effect for notices
      to it under this Agreement and agrees that such service shall constitute good
      and sufficient service of process and notice thereof. Nothing contained herein
      shall be deemed to limit in any way any right to serve process in any manner
      permitted by law. The parties hereby waive all rights to a trial by jury. If
      either party shall commence an action or proceeding to enforce any provisions
      of
      the Transaction Documents, then the prevailing party in such action or
      proceeding shall be reimbursed by the other party for its attorneys’ fees and
      other costs and expenses incurred with the investigation, preparation and
      prosecution of such action or proceeding.

    

    
      
         

      

      
        -21-

        
          

        

      

      
         

      

       

    

    5.9    Survival.
      The
      representations and warranties contained herein shall survive the Closing and
      the delivery, exercise and/or conversion of the Securities, as
      applicable.

    

    5.10    Execution.
      This
      Agreement may be executed in two or more counterparts, all of which when taken
      together shall be considered one and the same agreement and shall become
      effective when counterparts have been signed by each party and delivered to
      the
      other party, it being understood that both parties need not sign the same
      counterpart. In the event that any signature is delivered by facsimile
      transmission, such signature shall create a valid and binding obligation of
      the
      party executing (or on whose behalf such signature is executed) with the same
      force and effect as if such facsimile signature page were an original
      thereof.

    

    5.11    Severability.
      If any
      provision of this Agreement is held to be invalid or unenforceable in any
      respect, the validity and enforceability of the remaining terms and provisions
      of this Agreement shall not in any way be affected or impaired thereby and
      the
      parties will attempt to agree upon a valid and enforceable provision that is
      a
      reasonable substitute therefor, and upon so agreeing, shall incorporate such
      substitute provision in this Agreement.

    

    5.12    Rescission
      and Withdrawal Right.
      Notwithstanding anything to the contrary contained in (and without limiting
      any
      similar provisions of) the Transaction Documents, whenever any Purchaser
      exercises a right, election, demand or option under a Transaction Document
      and
      the Company does not timely perform its related obligations within the periods
      therein provided, then such Purchaser may rescind or withdraw, in its sole
      discretion from time to time upon written notice to the Company, any relevant
      notice, demand or election in whole or in part without prejudice to its future
      actions and rights; provided,
      however,
      in the
      case of a rescission of a conversion of the Notes or exercise of the Warrant,
      the Purchaser shall be required to return any shares of Common Stock subject
      to
      such conversion or exercise notice.

    

    
      
         

      

      
        -22-

        
          

        

      

      
         

      

       

    

    5.13    Replacement
      of Securities.
      If any
      certificate or instrument evidencing any Securities is mutilated, lost, stolen
      or destroyed, the Company shall issue or cause to be issued in exchange and
      substitution for and upon cancellation thereof, or in lieu of and substitution
      therefor, a new certificate or instrument, but only upon receipt of evidence
      reasonably satisfactory to the Company of such loss, theft or destruction and
      customary and reasonable indemnity, if requested. The applicants for a new
      certificate or instrument under such circumstances shall also pay any reasonable
      third-party costs associated with the issuance of such replacement
      Securities.

    

    5.14    Remedies.
      In
      addition to being entitled to exercise all rights provided herein or granted
      by
      law, including recovery of damages, each of each Purchaser and the Company
      will
      be entitled to specific performance under the Transaction Documents. The parties
      agree that monetary damages may not be adequate compensation for any loss
      incurred by reason of any breach of obligations described in the foregoing
      sentence and hereby agrees to waive in any action for specific performance
      of
      any such obligation the defense that a remedy at law would be
      adequate.

    

    5.15    Payment
      Set Aside.
      To the
      extent that the Company makes a payment or payments to any Purchaser pursuant
      to
      any Transaction Document or a Purchaser enforces or exercises its rights
      thereunder, and such payment or payments or the proceeds of such enforcement
      or
      exercise or any part thereof are subsequently invalidated, declared to be
      fraudulent or preferential, set aside, recovered from, disgorged by or are
      required to be refunded, repaid or otherwise restored to the Company, a trustee,
      receiver or any other person under any law (including, without limitation,
      any
      bankruptcy law, state or federal law, common law or equitable cause of action),
      then to the extent of any such restoration the obligation or part thereof
      originally intended to be satisfied shall be revived and continued in full
      force
      and effect as if such payment had not been made or such enforcement or setoff
      had not occurred.

    

    5.16    Independent
      Nature of Purchasers’ Obligations and Rights.
      The
      obligations of each Purchaser under any Transaction Document are several and
      not
      joint with the obligations of any other Purchaser, and no Purchaser shall be
      responsible in any way for the performance of the obligations of any other
      Purchaser under any Transaction Document. Nothing contained herein or in any
      Transaction Document, and no action taken by any Purchaser pursuant thereto,
      shall be deemed to constitute the Purchasers as a partnership, an association,
      a
      joint venture or any other kind of entity, or create a presumption that the
      Purchasers are in any way acting in concert or as a group with respect to such
      obligations or the transactions contemplated by the Transaction Document. Each
      Purchaser shall be entitled to independently protect and enforce its rights,
      including without limitation, the rights arising out of this Agreement or out
      of
      the other Transaction Documents, and it shall not be necessary for any other
      Purchaser to be joined as an additional party in any proceeding for such
      purpose. Each Purchaser has been represented by its own separate legal counsel
      in their review and negotiation of the Transaction Documents. The Company has
      elected to provide all Purchasers with the same terms and Transaction Documents
      for the convenience of the Company and not because it was required or requested
      to do so by the Purchasers.

    

    
      
         

      

      
        -23-

        
          

        

      

      
         

      

       

    

    5.17    Liquidated
      Damages.
      The
      Company’s obligations to pay any partial liquidated damages or other amounts
      owing under the Transaction Documents is a continuing obligation of the Company
      and shall not terminate until all unpaid partial liquidated damages and other
      amounts have been paid notwithstanding the fact that the instrument or security
      pursuant to which such partial liquidated damages or other amounts are due
      and
      payable shall have been canceled.

    

    5.18    Construction.
      The
      parties agree that each of them and/or their respective counsel has reviewed
      and
      had an opportunity to revise the Transaction Documents and, therefore, the
      normal rule of construction to the effect that any ambiguities are to be
      resolved against the drafting party shall not be employed in the interpretation
      of the Transaction Documents or any amendments hereto.

    

    

    [SIGNATURE
      PAGE FOLLOWS]

     

    
      
         

      

      
        -24-

        
          

        

      

      
         

      

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Securities Purchase
      Agreement to be duly executed by their respective authorized signatories as
      of
      the date first indicated above.

     

    
      	
              SUB-URBAN
                BRANDS, INC.

               

            	
              Address
                for Notice:

            
	
              By: 
                ____________________

              Name:
                

              Title:
                

            	
              8723
                Bellanca Bldg A

              Los
                Angeles, CA 90045

                

               

              T
                (213) 229-2885

              F
                (310) 919-2903

            
	
              With
                a copy to (which shall not constitute notice):

              Sichenzia
                Ross Friedman Ference LLP

              1065
                Avenue of the Americas, 21st
                Floor

              New
                York, NY 10018

               

              T
                (212) 930-9700 

              F
                (212) 930-9725

            	 

    

    

    

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK

    SIGNATURE
      PAGE FOR PURCHASER FOLLOWS]

     

    
      
         

      

      
        -25-

        
          

        

      

      
         

      

    

    [PURCHASER
      SIGNATURE PAGES TO SUUB 

    SECURITIES
      PURCHASE AGREEMENT]

    

    

    IN
      WITNESS WHEREOF, the undersigned have caused this Securities Purchase Agreement
      to be duly executed by their respective authorized signatories as of the date
      first indicated above.

    

    

    
      	Name of Purchaser: 	 	 
	 	 	 
	Signature
              of Authorized Signatory of Purchaser: 	 	 
	 	 	 
	Name
              of
              Authorized Signatory: 	 	 
	 	 	 
	Title
              of
              Authorized Signatory: 	 	 
	 	 	 
	Email
              Address of Authorized Signatory: 	 	 
	 	 	 
	Address for Notice of Investing
              Entity: 	 	 

    

     

    

    Address
      for Delivery of Securities for Investing Entity (if not same as
      above):

    

     

    Subscription
      Amount: $_______

    

    Principal
      Note Amount: $________

    

    Warrant
      Shares: ________

    

    

    EIN
      Number: [PROVIDE
      THIS UNDER SEPARATE COVER]

    

      [SIGNATURE
        PAGES CONTINUE] 

    

    
      
         

      

      
        -26-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}]]