Document:

WARRANT

       

      THE
        SECURITIES REPRESENTED BY THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE
        SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS.
        THE
        SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE OFFERED FOR SALE,
        SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
        STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED,
        OR
        APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL IN A FORM REASONABLY
        SATISFACTORY TO THE ISSUER THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT
        OR
        APPLICABLE STATE SECURITIES LAWS OR UNLESS SOLD PURSUANT TO RULE 144 UNDER
        SAID
        ACT. NOTWITHSTANDING THE FOREGOING, THIS WARRANT MAY BE PLEDGED IN CONNECTION
        WITH A BONA FIDE MARGIN ACCOUNT.

       

      TXP
        CORPORATION

       

      Warrant
        To Purchase Common Stock

      

      
        	
                Warrant
                  No.: DPI-001

              	
                Number
                  of Shares: 1,000,000

              
	
                 

              	
                 

              
	
                Date
                  of Issuance: September 6, 2007

              	
                 

              

      

      

      TXP
        CORPORATION, a Nevada corporation (the “Company”),
        hereby certifies that, for good and valuable consideration, the receipt and
        sufficiency of which are hereby acknowledged, DYNA
        PORTER INTERNATIONAL LIMITED
        (the
“Holder”),
        the
        registered holder hereof or his permitted assigns, is entitled, subject to
        the
        terms set forth below, to purchase from the Company upon surrender of this
        Warrant, at any time or times on or after the date hereof, but not after
        11:59 P.M. Eastern Time on the Expiration Date (as defined herein) One
        Million (1,000,000) fully paid and nonassessable shares of Common Stock (as
        defined herein) of the Company (the “Warrant
        Shares”)
        at the
        exercise price per share provided in Section 1(b) below or as subsequently
        adjusted.

       

      Section
        1.  

       

      (a)  This
        Warrant is the common stock purchase warrant (the “Warrant”)
        issued
        pursuant to a certain Agreement (“Agreement”)
        dated
        the date hereof between the Company and the Buyer.

       

      (b)  Definitions.
        The
        following words and terms as used in this Warrant shall have the following
        meanings:

       

      (i)  “Business
        Day”
means
        any day other than Saturday, Sunday or other day on which commercial banks
        in
        the City of New York are authorized or required by law to remain
        closed.

       

      (ii)  “Closing
        Bid Price”
means
        the closing bid price of Common Stock as quoted on the Principal Market (as
        reported by Bloomberg Financial Markets (“Bloomberg”)
        through its “Volume at Price” function).

       

      (iii)  “Common
        Stock”
means
        (i) the Company's common stock, par value $0.001 per share, and
        (ii) any capital stock into which such Common Stock shall have been changed
        or any capital stock resulting from a reclassification of such Common
        Stock.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      (iv)  “Expiration
        Date”
means
        the date five (5) years from the Issuance Date of this Warrant or, if such
        date
        falls on a Saturday, Sunday or other day on which banks are required or
        authorized to be closed in the City of New York or the State of New York
        or on
        which trading does not take place on the Principal Exchange or automated
        quotation system on which the Common Stock is traded (a “Holiday”),
        the
        next date that is not a Holiday.

       

      (v)  “Issuance
        Date”
means
        the date hereof.

       

      (vi)  “Options”
means
        any rights, warrants or options to subscribe for or purchase Common Stock
        or
        Convertible Securities.

       

      (vii)  “Other
        Securities”
means
        (i) those options and warrants of the Company issued prior to, and
        outstanding on, the Issuance Date of this Warrant, (ii) the shares of Common
        Stock issuable on exercise of such options and warrants, provided such options
        and warrants are not amended after the Issuance Date of this Warrant and
        (iii) the shares of Common Stock issuable upon exercise of this
        Warrant.

       

      (viii)  “Person”
means
        an individual, a limited liability company, a partnership, a joint venture,
        a
        corporation, a trust, an unincorporated organization and a government or
        any
        department or agency thereof.

       

      (ix)  “Principal
        Market”
means
        the New York Stock Exchange, the American Stock Exchange, the Nasdaq National
        Market, the Nasdaq SmallCap Market, whichever is at the time the principal
        trading exchange or market for such security, or the over-the-counter market
        on
        the electronic bulletin board for such security as reported by Bloomberg
        or, if
        no bid or sale information is reported for such security by Bloomberg, then
        the
        average of the bid prices of each of the market makers for such security
        as
        reported in the “pink sheets” by the National Quotation Bureau,
        Inc.

       

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

       

      (xi)  “Warrant”
means
        this Warrant and all Warrants issued in exchange, transfer or replacement
        thereof.

       

      (xii)  “Warrant
        Exercise Price”
shall
        be $0.65 or as subsequently adjusted as provided in Section 8
        hereof.

       

      (xiii)  “Warrant
        Shares”
means
        the shares of Common Stock issuable at any time upon exercise of this
        Warrant.

       

      (c)  Other
        Definitional Provisions.

       

      (i)  Except
        as otherwise specified herein, all references herein (A) to the Company
        shall be deemed to include the Company's successors and (B) to any
        applicable law defined or referred to herein shall be deemed references to
        such
        applicable law as the same may have been or may be amended or supplemented
        from
        time to time.

       

      (ii)  When
        used in this Warrant, the words “herein”,
        “hereof”,
        and
“hereunder”
        and
        words of similar import, shall refer to this Warrant as a whole and not to
        any
        provision of this Warrant, and the words “Section”,
        “Schedule”,
        and
“Exhibit”
shall
        refer to Sections of, and Schedules and Exhibits to, this Warrant unless
        otherwise specified.

       

      (iii)  Whenever
        the context so requires, the neuter gender includes the masculine or feminine,
        and the singular number includes the plural, and vice versa.

       

      
        
          
          

        

        
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      Section
        2.  Exercise
        of Warrant.

       

      (a) Subject
        to the terms and conditions hereof, this Warrant may be exercised by the
        holder
        hereof then registered on the books of the Company, pro rata as hereinafter
        provided, at any time on any Business Day on or after the opening of business
        on
        such Business Day, commencing with the first day after the date hereof, and
        prior to 11:59 P.M. Eastern Time on the Expiration Date (i) by delivery of
        a written notice, in the form of the subscription notice attached as
Exhibit
        A
        hereto
        (the “Exercise
        Notice”),
        of
        such holder's election to exercise this Warrant, which notice shall specify
        the
        number of Warrant Shares to be purchased, payment to the Company of an
        amount equal to the Warrant Exercise Price(s) applicable to the Warrant Shares
        being purchased, multiplied by the number of Warrant Shares (at the
        applicable Warrant Exercise Price) as to which this Warrant is being
        exercised (plus any applicable issue or transfer taxes) (the “Aggregate
        Exercise Price”)
        in
        cash or wire transfer of immediately available funds and the surrender of
        this
        Warrant (or an indemnification undertaking with respect to this Warrant in
        the
        case of its loss, theft or destruction) to a common carrier for overnight
        delivery to the Company as soon as practicable following such date.

      

      (b) In
        the
        event of any exercise of the rights represented by this Warrant in compliance
        with this Section 2, the Company shall on or before the fifth (5th)
        Business Day following the date of receipt of the Exercise Notice, the Aggregate
        Exercise Price and this Warrant (or an indemnification undertaking with respect
        to this Warrant in the case of its loss, theft or destruction) and the receipt
        of the representations of the holder specified in Section 6 hereof, if requested
        by the Company (the “Exercise
        Delivery Documents”),
        and
        if the Common Stock is DTC eligible, credit such aggregate number of shares
        of
        Common Stock to which the holder shall be entitled to the holder's or his
        designee's balance account with The Depository Trust Company; provided, however,
        if the holder who submitted the Exercise Notice requested physical delivery
        of
        any or all of the Warrant Shares, or, if the Common Stock is not DTC eligible
        then the Company shall, on or before the fifth (5th)
        Business Day following receipt of the Exercise Delivery Documents, issue
        and
        surrender to a common carrier for overnight delivery to the address specified
        in
        the Exercise Notice, a certificate, registered in the name of the holder,
        for
        the number of shares of Common Stock to which the holder shall be entitled
        pursuant to such request. Upon delivery of the Exercise Notice and Aggregate
        Exercise Price referred to above the holder of this Warrant shall be deemed
        for
        all corporate purposes to have become the holder of record of the Warrant
        Shares
        with respect to which this Warrant has been exercised. In the case of a dispute
        as to the determination of the Warrant Exercise Price or the Closing Bid
        Price,
        the Company shall promptly issue to the holder the number of Warrant Shares
        that
        is not disputed and shall submit the disputed determinations or arithmetic
        calculations to the holder via facsimile within one (1) Business Day of receipt
        of the holder's Exercise Notice.

       

      (c)   If
        the
        holder and the Company are unable to agree upon the determination of the
        Warrant
        Exercise Price within one (1) day of such disputed determination being submitted
        to the holder, then the Company shall immediately submit via facsimile the
        disputed determination of the Warrant Exercise Price or the Closing Bid Price
        to
        an independent, reputable investment banking firm. The Company shall cause
        the
        investment banking firm or the accountant, as the case may be, to perform
        the
        determinations and notify the Company and the holder of the results no later
        than forty-eight (48) hours from the time it receives the disputed
        determinations. Such investment banking firm's or accountant's determination
        or
        calculation, as the case may be, shall be deemed conclusive absent manifest
        error.

       

      (d)   Unless
        the rights represented by this Warrant shall have expired or shall have been
        fully exercised, the Company shall, as soon as practicable and in no event
        later
        than five (5) Business Days after any exercise and at its own expense, issue
        a
        new Warrant identical in all respects to this Warrant exercised except it
        shall
        represent rights to purchase the number of Warrant Shares purchasable
        immediately prior to such exercise under this Warrant exercised, less the
        number
        of Warrant Shares with respect to which such Warrant is exercised.

       

      
        
          
          

        

        
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      (e)   No
        fractional Warrant Shares are to be issued upon any pro rata exercise of
        this
        Warrant, but rather the number of Warrant Shares issued upon such exercise
        of
        this Warrant shall be rounded up or down to the nearest whole
        number.

      

      Section
        3.  Covenants
        as to Common Stock.
        The
        Company hereby covenants and agrees as follows:

       

      (a)  This
        Warrant is, and any Warrants issued in substitution for or replacement of
        this
        Warrant will upon issuance be, duly authorized and validly issued.

       

      (b)  All
        Warrant Shares which may be issued upon the exercise of the rights represented
        by this Warrant will, upon issuance, be validly issued, fully paid and
        nonassessable and free from all taxes, liens, charges, claims or other
        encumbrances with respect to the issue thereof.

       

      (c)  During
        the period within which the rights represented by this Warrant may be exercised,
        the Company will at all times have authorized and reserved at least one hundred
        percent (100%) of the number of shares of Common Stock needed to provide
        for the
        exercise of the rights then represented by this Warrant and the par value
        of
        said shares will at all times be less than or equal to the applicable Warrant
        Exercise Price.

       

      (d)  If
        at any time after the date hereof the Company shall file a registration
        statement, the Company shall include the Warrant Shares issuable to the holder,
        pursuant to the terms of this Warrant and shall maintain, so long as any
        other
        shares of Common Stock shall be so listed, such listing of all Warrant Shares
        from time to time issuable upon the exercise of this Warrant; and the Company
        shall so list on each national securities exchange or automated quotation
        system, as the case may be, and shall maintain such listing of, any other
        shares
        of capital stock of the Company issuable upon the exercise of this Warrant
        if
        and so long as any shares of the same class shall be listed on such national
        securities exchange or automated quotation system.

       

      (e)  The
        Company will not, by amendment of its Articles of Incorporation or through
        any
        reorganization, transfer of assets, consolidation, merger, dissolution, issue
        or
        sale of securities, or any other voluntary action, avoid or seek to avoid
        the
        observance or performance of any of the terms to be observed or performed
        by it
        hereunder, but will at all times in good faith assist in the carrying out
        of all
        the provisions of this Warrant and in the taking of all such action as may
        reasonably be requested by the holder of this Warrant in order to protect
        the
        exercise privilege of the holder of this Warrant against dilution or other
        impairment, consistent with the tenor and purpose of this Warrant. The Company
        will not increase the par value of any shares of Common Stock receivable
        upon
        the exercise of this Warrant above the Warrant Exercise Price then in effect,
        and (ii) will take all such actions as may be necessary or appropriate in
        order that the Company may validly and legally issue fully paid and
        non-assessable shares of Common Stock upon the exercise of this
        Warrant.

       

      (f)  This
        Warrant will be binding upon any entity succeeding to the Company by merger,
        consolidation or acquisition of all or substantially all of the Company's
        assets.

       

      Section
        4.  Taxes.
        The
        Company shall pay any and all taxes, except any applicable withholding, which
        may be payable with respect to the issuance and delivery of Warrant Shares
        upon
        exercise of this Warrant.

       

      
        
          
          

        

        
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      Section
        5.  Warrant
        Holder Not Deemed a Stockholder.
        Except
        as otherwise specifically provided herein, no holder, as such, of this Warrant
        shall be entitled to vote or receive dividends or be deemed the holder of
        shares
        of capital stock of the Company for any purpose, nor shall anything contained
        in
        this Warrant be construed to confer upon the holder hereof, as such, any
        of the
        rights of a stockholder of the Company or any right to vote, give or withhold
        consent to any corporate action (whether any reorganization, issue of stock,
        reclassification of stock, consolidation, merger, conveyance or otherwise),
        receive notice of meetings, receive dividends or subscription rights, or
        otherwise, prior to the issuance to the holder of this Warrant of the Warrant
        Shares which he or she is then entitled to receive upon the due exercise
        of this
        Warrant. In addition, nothing contained in this Warrant shall be construed
        as
        imposing any liabilities on such holder to purchase any securities (upon
        exercise of this Warrant or otherwise) or as a stockholder of the Company,
        whether such liabilities are asserted by the Company or by creditors of the
        Company. Notwithstanding this Section 5, the Company will provide the holder
        of
        this Warrant with copies of the same notices and other information given
        to the
        stockholders of the Company generally, contemporaneously with the giving
        thereof
        to the stockholders.

       

      Section
        6.  Representations
        of Holder.
        The
        holder of this Warrant, by the acceptance hereof, represents that it is
        acquiring this Warrant and the Warrant Shares for his own account for investment
        only and not with a view towards, or for resale in connection with, the public
        sale or distribution of this Warrant or the Warrant Shares, except pursuant
        to
        sales registered or exempted under the Securities Act; provided, however,
        that
        by making the representations herein, the holder does not agree to hold this
        Warrant or any of the Warrant Shares for any minimum or other specific term
        and
        reserves the right to dispose of this Warrant and the Warrant Shares at any
        time
        in accordance with or pursuant to a registration statement or an exemption
        under
        the Securities Act. The holder of this Warrant further represents, by acceptance
        hereof, that, as of this date, such holder is an “accredited investor” as such
        term is defined in Rule 501(a)(1) of Regulation D promulgated by the
        Securities and Exchange Commission under the Securities Act (an “Accredited
        Investor”).
        Upon
        exercise of this Warrant the holder shall, if requested by the Company, confirm
        in writing, in a form satisfactory to the Company, that the Warrant Shares
        so
        purchased are being acquired solely for the holder's own account and not
        as a
        nominee for any other party, for investment, and not with a view toward
        distribution or resale and that such holder is an Accredited Investor. If
        such
        holder cannot make such representations because they would be factually
        incorrect, it shall be a condition to such holder's exercise of this Warrant
        that the Company receive such other representations as the Company considers
        reasonably necessary to assure the Company that the issuance of its securities
        upon exercise of this Warrant shall not violate any United States or state
        securities laws.

       

      Section
        7.  Ownership
        and Transfer.

       

      (a)  The
        Company shall maintain at its principal executive offices (or such other
        office
        or agency of the Company as it may designate by notice to the holder hereof),
        a
        register for this Warrant, in which the Company shall record the name and
        address of the person in whose name this Warrant has been issued, as well
        as the
        name and address of each transferee. The Company may treat the person in
        whose
        name any Warrant is registered on the register as the owner and holder thereof
        for all purposes, notwithstanding any notice to the contrary, but in all
        events
        recognizing any transfers made in accordance with the terms of this
        Warrant.

       

      Section
        8.  Adjustment
        of Warrant Exercise Price and Number of Shares.
        The
        Warrant Exercise Price and the number of shares of Common Stock issuable
        upon
        exercise of this Warrant shall be adjusted from time to time as
        follows:

       

      (a)  Adjustment
        of Warrant Exercise Price upon Subdivision or Combination of Common
        Stock.
        If the
        Company at any time after the date of issuance of this Warrant subdivides
        (by
        any stock split, stock dividend, recapitalization or otherwise) one or more
        classes of its outstanding shares of Common Stock into a greater number of
        shares, any Warrant Exercise Price in effect immediately prior to such
        subdivision will be proportionately reduced and the number of shares of Common
        Stock obtainable upon exercise of this Warrant will be proportionately
        increased. If the Company at any time after the date of issuance of this
        Warrant
        combines (by combination, reverse stock split or otherwise) one or more classes
        of its outstanding shares of Common Stock into a smaller number of shares,
        any
        Warrant Exercise Price in effect immediately prior to such combination will
        be
        proportionately increased and the number of Warrant Shares issuable upon
        exercise of this Warrant will be proportionately decreased. Any adjustment
        under
        this Section 8(a) shall become effective at the close of business on the
        date the subdivision or combination becomes effective.

       

      
        
          
          

        

        
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      (b)  Distribution
        of Assets.
        If the
        Company shall declare or make any dividend or other distribution of its assets
        (or rights to acquire its assets) to holders of Common Stock, by way of return
        of capital or otherwise (including, without limitation, any distribution
        of
        cash, stock or other securities, property or options by way of a dividend,
        spin
        off, reclassification, corporate rearrangement or other similar transaction)
        (a
“Distribution”),
        at
        any time after the issuance of this Warrant, then, in each such
        case:

       

      (i)  any
        Warrant Exercise Price in effect immediately prior to the close of business
        on
        the record date fixed for the determination of holders of Common Stock entitled
        to receive the Distribution shall be reduced, effective as of the close of
        business on such record date, to a price determined by multiplying such Warrant
        Exercise Price by a fraction of which (A) the numerator shall be the Closing
        Sale Price of the Common Stock on the trading day immediately preceding such
        record date minus the value of the Distribution (as determined in good faith
        by
        the Company's Board of Directors) applicable to one share of Common Stock,
        and
        (B) the denominator shall be the Closing Sale Price of the Common Stock on
        the
        trading day immediately preceding such record date; and

       

      (ii)  either
        (A) the number of Warrant Shares obtainable upon exercise of this Warrant
        shall
        be increased to a number of shares equal to the number of shares of Common
        Stock
        obtainable immediately prior to the close of business on the record date
        fixed
        for the determination of holders of Common Stock entitled to receive the
        Distribution multiplied by the reciprocal of the fraction set forth in the
        immediately preceding clause (i), or (B) in the event that the Distribution
        is
        of common stock of a company whose common stock is traded on a national
        securities exchange or a national automated quotation system, then the holder
        of
        this Warrant shall receive an additional warrant to purchase Common Stock,
        the
        terms of which shall be identical to those of this Warrant, except that such
        warrant shall be exercisable into the amount of the assets that would have
        been
        payable to the holder of this Warrant pursuant to the Distribution had the
        holder exercised this Warrant immediately prior to such record date and with
        an
        exercise price equal to the amount by which the exercise price of this Warrant
        was decreased with respect to the Distribution pursuant to the terms of the
        immediately preceding clause (i).

       

      (c)  Certain
        Events.
        If any
        event occurs of the type contemplated by the provisions of this Section 8
        but not expressly provided for by such provisions (including, without
        limitation, the granting of stock appreciation rights, phantom stock rights
        or
        other rights with equity features), then the Company's Board of Directors
        will
        make an appropriate adjustment in the Warrant Exercise Price and the number
        of
        shares of Common Stock obtainable upon exercise of this Warrant so as to
        protect
        the rights of the holders of the Warrants; provided, except as set forth
        in
        section 8(d),that no such adjustment pursuant to this Section 8(f) will increase
        the Warrant Exercise Price or decrease the number of shares of Common Stock
        obtainable as otherwise determined pursuant to this Section 8.

      

      (d)  Notices.

       

      (i)  Immediately
        upon any adjustment of the Warrant Exercise Price, the Company will give
        written
        notice thereof to the holder of this Warrant, setting forth in reasonable
        detail, and certifying, the calculation of such adjustment.

       

      
        
          
          

        

        
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      (ii)  The
        Company will give written notice to the holder of this Warrant at least ten
        (10)
        days prior to the date on which the Company closes its books or takes a record
        (A) with respect to any dividend or distribution upon the Common Stock,
        (B) with respect to any pro rata subscription offer to holders of Common
        Stock or (C) for determining rights to vote with respect to any Organic
        Change (as defined below), dissolution or liquidation, provided that such
        information shall be made known to the public prior to or in conjunction
        with
        such notice being provided to such holder.

       

      (iii)  The
        Company will also give written notice to the holder of this Warrant at least
        ten
        (10) days prior to the date on which any change, dissolution or liquidation
        will
        take place, provided that such information shall be made known to the public
        prior to or in conjunction with such notice being provided to such
        holder.

       

      Section
        9.  Purchase
        Rights; Reorganization, Reclassification, Consolidation, Merger or
        Sale.

       

      (a)  If
        at any time the Company grants, issues or sells any Options, Convertible
        Securities or rights to purchase stock, warrants, securities or other property
        pro rata to the record holders of any class of Common Stock (the “Purchase
        Rights”),
        then
        the holder of this Warrant will be entitled to acquire, upon the terms
        applicable to such Purchase Rights, the aggregate Purchase Rights which such
        holder could have acquired if such holder had held the number of shares of
        Common Stock acquirable upon complete exercise of this Warrant immediately
        before the date on which a record is taken for the grant, issuance or sale
        of
        such Purchase Rights, or, if no such record is taken, the date as of which
        the
        record holders of Common Stock are to be determined for the grant, issue
        or sale
        of such Purchase Rights.

       

      (b)  Any
        recapitalization, reorganization, reclassification, consolidation, merger,
        sale
        of all or substantially all of the Company's assets to another Person or
        other
        transaction in each case which is effected in such a way that holders of
        Common
        Stock are entitled to receive (either directly or upon subsequent liquidation)
        stock, securities or assets with respect to or in exchange for Common Stock
        is
        referred to herein as an “Organic
        Change.”
Prior
        to the consummation of any (i) sale of all or substantially all of the Company's
        assets to an acquiring Person or (ii) other Organic Change following which
        the
        Company is not a surviving entity, the Company will secure from the Person
        purchasing such assets or the successor resulting from such Organic Change
        (in
        each case, the “Acquiring
        Entity”)
        a
        written agreement (in form and substance satisfactory to the Holders) to
        deliver
        to Holder in exchange for the Warrants, a security of the Acquiring Entity
        evidenced by a written instrument substantially similar in form and substance
        to
        this Warrant and satisfactory to the Holder (including an adjusted warrant
        exercise price equal to the value for the Common Stock reflected by the terms
        of
        such consolidation, merger or sale, and exercisable for a corresponding number
        of shares of Common Stock acquirable and receivable upon exercise of the
        Warrants without regard to any limitations on exercise, if the value so
        reflected is less than any applicable Warrant Exercise Price immediately
        prior
        to such consolidation, merger or sale). Prior to the consummation of any
        other
        Organic Change, the Company shall make appropriate provision (in form and
        substance satisfactory to the Holder) to insure that the Holder will thereafter
        have the right to acquire and receive in lieu of or in addition to (as the
        case
        may be) the Warrant Shares immediately theretofore issuable and receivable
        upon
        the exercise of Holder's Warrants (without regard to any limitations on
        exercise), such shares of stock, securities or assets that would have been
        issued or payable in such Organic Change with respect to or in exchange for
        the
        number of Warrant Shares which would have been issuable and receivable upon
        the
        exercise of Holder's Warrant as of the date of such Organic Change (without
        taking into account any limitations or restrictions on the exercisability
        of
        this Warrant).

       

      
        
          
          

        

        
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      Section
        10.  Lost,
        Stolen, Mutilated or Destroyed Warrant.
        If this
        Warrant is lost, stolen, mutilated or destroyed, the Company shall promptly,
        on
        receipt of an indemnification undertaking (or, in the case of a mutilated
        Warrant, the Warrant), issue a new Warrant of like denomination and tenor
        as
        this Warrant so lost, stolen, mutilated or destroyed.

       

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

       

      
        	
                If
                  to Holder:

              	
                Dyna
                  Porter International Limited

              
	
                 

              	
                P.O.
                  Box 957, Offshore Incorporations Centre

              
	 	
                Road
                  Town, Tortola, British Virgin Islands

              
	
                 

              	
                 

              
	
                If
                  to the Company, to:

              	
                TXP
                  Corporation

              
	
                 

              	
                1299
                  Commerce Drive

              
	
                 

              	
                Richardson,
                  TX 75081

              
	
                 

              	
                Attention: Michael
                  C. Shores

              
	
                 

              	
                Telephone: (214)
                  575-9300

              
	
                 

              	
                Facsimile: (214)
                  575-9314

              

      

       

      If
        to a
        holder of this Warrant, to it at the address and facsimile number set forth
        on
Exhibit C
        hereto,
        with copies to such holder's representatives as set forth on Exhibit C,
        or at
        such other address and facsimile as shall be delivered to the Company upon
        the
        issuance or transfer of this Warrant. Each party shall provide five days'
        prior
        written notice to the other party of any change in address or facsimile number.
        Written confirmation of receipt (A) given by the recipient of such notice,
        consent, facsimile, waiver or other communication, (or (B) provided by a
        nationally recognized overnight delivery service shall be rebuttable evidence
        of
        personal service, receipt by facsimile or receipt from a nationally recognized
        overnight delivery service in accordance with clause (i), (ii) or (iii) above,
        respectively.

       

      Section
        12.  Amendment
        and Waiver.
        Except
        as otherwise provided herein, the provisions of the Warrants may be amended
        and
        the Company may take any action herein prohibited, or omit to perform any
        act
        herein required to be performed by it, only if the Company has obtained the
        written consent of the Holders.

       

      Section
        13.  Descriptive
        Headings; Governing Law.
        The
        descriptive headings of the several sections and paragraphs of this Warrant
        are
        inserted for convenience only and do not constitute a part of this Warrant.
        The
        corporate laws of the State of Texas shall govern all issues concerning the
        relative rights of the Company and its stockholders. Any
        disputes that may result between the parties shall be related to this Warrant
        shall be exclusively resolved using binding Arbitration according to the
        rules
        of the American Arbitration Association. The arbitrators ruling for any such
        disputes shall be deemed final and not subject to appeal. Venue for such
        proceeding shall be in Dallas County, Texas.

       

      [REMAINDER
        OF PAGE INTENTIONALLY LEFT BLANK]

      
        
          
          

        

        
          8

          
            

          

        

         

      

      

      IN
        WITNESS WHEREOF,
        the
        Company has caused this Warrant to be signed as of the date first set forth
        above.

      
        	 	 	 
	 	
                TXP
                  CORPORATION

              
	 
 	 
 	 
 
	
              	By:  	
                /s/
                  Michael C. Shores

              
	 	
                

                Name: Michael
                  C. Shores 
                  Title: Chief
                    Executive Officer

                

              

      

       

      
        
          
          

        

        
          9

          
            

          

        

         

      

      EXHIBIT
        A TO WARRANT

       

      EXERCISE
        NOTICE

       

      TO
        BE EXECUTED

      BY
        THE REGISTERED HOLDER TO EXERCISE THIS WARRANT

       

      TXP
        CORPORATION

       

      The
        undersigned holder hereby exercises the right to purchase ______________
        of the
        shares of Common Stock (“Warrant
        Shares”)
        of TXP
        CORPORATION (the “Company”),
        evidenced by the attached Warrant (the “Warrant”).
        Capitalized terms used herein and not otherwise defined shall have the
        respective meanings set forth in the Warrant.

       

      Specify
        Method of exercise by check mark:

       

      1.
        ___ Cash Exercise

       

      (a)
        Payment of Warrant Exercise Price.
        The
        holder shall pay the Aggregate Exercise Price of $______________ to the Company
        in accordance with the terms of the Warrant.

       

      (b)
        Delivery of Warrant Shares.
        The
        Company shall deliver to the holder _________ Warrant Shares in accordance
        with
        the terms of the Warrant.

       

      Date:
        _______________ __, ______

      

      Name
        of
        Registered Holder

      

      By:  

      
        

      

      Name:
        ____________________

      Title:
        _____________________     

       

      
        
          
          

        

        
          10

          
            

          

        

         

      

       

      EXHIBIT
        B TO WARRANT

       

      FORM
        OF WARRANT POWER

       

      FOR
        VALUE RECEIVED,
        the
        undersigned does hereby assign and transfer to ________________, Federal
        Identification No. __________, a warrant to purchase ____________ shares of
        the capital stock of TXP CORPORATION represented by warrant certificate
        no. _____, standing in the name of the undersigned on the books of said
        corporation. The undersigned does hereby irrevocably constitute and appoint
        ______________, attorney to transfer the warrants of said corporation, with
        full
        power of substitution in the premises.

      
        	 	 	 
	
                Dated:

              	 	 
	 	 	 
	
              	By:  	
              
	 	
                
                  

                

                Name:

                Title:

              

      

       

      
        
          
          

        

        
          11WARRANT

         

        THE
          SECURITIES REPRESENTED BY THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE
          SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS.
          THE
          SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE OFFERED FOR
          SALE,
          SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
          STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED,
          OR
          APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL IN A FORM REASONABLY
          SATISFACTORY TO THE ISSUER THAT REGISTRATION IS NOT REQUIRED UNDER SAID
          ACT OR
          APPLICABLE STATE SECURITIES LAWS OR UNLESS SOLD PURSUANT TO RULE 144 UNDER
          SAID
          ACT. NOTWITHSTANDING THE FOREGOING, THIS WARRANT MAY BE PLEDGED IN CONNECTION
          WITH A BONA FIDE MARGIN ACCOUNT.

         

        TXP
          CORPORATION

         

        Warrant
          To Purchase Common Stock

        

        
          	
                  Warrant
                    No.: DPI-002

                	 	
                  Number
                    of Shares: 1,000,000

                
	
                   

                	 	
                   

                
	
                  Date
                    of Issuance: September 6, 2007

                	 	
                   

                

        

        

        TXP
          CORPORATION, a Nevada corporation (the “Company”),
          hereby certifies that, for good and valuable consideration, the receipt
          and
          sufficiency of which are hereby acknowledged, DYNA
          PORTER INTERNATIONAL LIMITED
          (the
“Holder”),
          the
          registered holder hereof or his permitted assigns, is entitled, subject
          to the
          terms set forth below, to purchase from the Company upon surrender of this
          Warrant, at any time or times on or after the date hereof, but not after
          11:59 P.M. Eastern Time on the Expiration Date (as defined herein) One
          Million (1,000,000) fully paid and nonassessable shares of Common Stock
          (as
          defined herein) of the Company (the “Warrant
          Shares”)
          at the
          exercise price per share provided in Section 1(b) below or as subsequently
          adjusted.

         

        Section
          1.  

         

        (a)  This
          Warrant is the common stock purchase warrant (the “Warrant”)
          issued
          pursuant to a certain Agreement (“Agreement”)
          dated
          the date hereof between the Company and the Buyer.

         

        (b)  Definitions.
          The
          following words and terms as used in this Warrant shall have the following
          meanings:

         

        (i)  “Business
          Day”
means
          any day other than Saturday, Sunday or other day on which commercial banks
          in
          the City of New York are authorized or required by law to remain
          closed.

         

        (ii)  “Closing
          Bid Price”
means
          the closing bid price of Common Stock as quoted on the Principal Market
          (as
          reported by Bloomberg Financial Markets (“Bloomberg”)
          through its “Volume at Price” function).

         

        (iii)  “Common
          Stock”
means
          (i) the Company's common stock, par value $0.001 per share, and
          (ii) any capital stock into which such Common Stock shall have been changed
          or any capital stock resulting from a reclassification of such Common
          Stock.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

           

        

        (iv)  “Expiration
          Date”
means
          the date five (5) years from the Issuance Date of this Warrant or, if such
          date
          falls on a Saturday, Sunday or other day on which banks are required or
          authorized to be closed in the City of New York or the State of New York
          or on
          which trading does not take place on the Principal Exchange or automated
          quotation system on which the Common Stock is traded (a “Holiday”),
          the
          next date that is not a Holiday.

         

        (v)  “Issuance
          Date”
means
          the date hereof.

         

        (vi)  “Options”
means
          any rights, warrants or options to subscribe for or purchase Common Stock
          or
          Convertible Securities.

         

        (vii)  “Other
          Securities”
means
          (i) those options and warrants of the Company issued prior to, and
          outstanding on, the Issuance Date of this Warrant, (ii) the shares of Common
          Stock issuable on exercise of such options and warrants, provided such
          options
          and warrants are not amended after the Issuance Date of this Warrant and
          (iii) the shares of Common Stock issuable upon exercise of this
          Warrant.

         

        (viii)  “Person”
means
          an individual, a limited liability company, a partnership, a joint venture,
          a
          corporation, a trust, an unincorporated organization and a government or
          any
          department or agency thereof.

         

        (ix)  “Principal
          Market”
means
          the New York Stock Exchange, the American Stock Exchange, the Nasdaq National
          Market, the Nasdaq SmallCap Market, whichever is at the time the principal
          trading exchange or market for such security, or the over-the-counter market
          on
          the electronic bulletin board for such security as reported by Bloomberg
          or, if
          no bid or sale information is reported for such security by Bloomberg,
          then the
          average of the bid prices of each of the market makers for such security
          as
          reported in the “pink sheets” by the National Quotation Bureau,
          Inc.

         

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

         

        (xi)  “Warrant”
means
          this Warrant and all Warrants issued in exchange, transfer or replacement
          thereof.

         

        (xii)  “Warrant
          Exercise Price”
shall
          be $0.75 or as subsequently adjusted as provided in Section 8
          hereof.

         

        (xiii)  “Warrant
          Shares”
means
          the shares of Common Stock issuable at any time upon exercise of this
          Warrant.

         

        (c)  Other
          Definitional Provisions.

         

        (i)  Except
          as otherwise specified herein, all references herein (A) to the Company
          shall be deemed to include the Company's successors and (B) to any
          applicable law defined or referred to herein shall be deemed references
          to such
          applicable law as the same may have been or may be amended or supplemented
          from
          time to time.

         

        (ii)  When
          used in this Warrant, the words “herein”,
          “hereof”,
          and
“hereunder”
          and
          words of similar import, shall refer to this Warrant as a whole and not
          to any
          provision of this Warrant, and the words “Section”,
          “Schedule”,
          and
“Exhibit”
shall
          refer to Sections of, and Schedules and Exhibits to, this Warrant unless
          otherwise specified.

         

        (iii)  Whenever
          the context so requires, the neuter gender includes the masculine or feminine,
          and the singular number includes the plural, and vice versa.

         

        
          
            
            

          

          
            2

            
              

            

          

          
            
            

          

        

        Section
          2.  Exercise
          of Warrant.

         

        (a) Subject
          to the terms and conditions hereof, this Warrant may be exercised by the
          holder
          hereof then registered on the books of the Company, pro rata as hereinafter
          provided, at any time on any Business Day on or after the opening of business
          on
          such Business Day, commencing with the first day after the date hereof,
          and
          prior to 11:59 P.M. Eastern Time on the Expiration Date (i) by delivery of
          a written notice, in the form of the subscription notice attached as
Exhibit
          A
          hereto
          (the “Exercise
          Notice”),
          of
          such holder's election to exercise this Warrant, which notice shall specify
          the
          number of Warrant Shares to be purchased, payment to the Company of an
          amount equal to the Warrant Exercise Price(s) applicable to the Warrant
          Shares
          being purchased, multiplied by the number of Warrant Shares (at the
          applicable Warrant Exercise Price) as to which this Warrant is being
          exercised (plus any applicable issue or transfer taxes) (the “Aggregate
          Exercise Price”)
          in
          cash or wire transfer of immediately available funds and the surrender
          of this
          Warrant (or an indemnification undertaking with respect to this Warrant
          in the
          case of its loss, theft or destruction) to a common carrier for overnight
          delivery to the Company as soon as practicable following such date.

        

        (b) In
          the
          event of any exercise of the rights represented by this Warrant in compliance
          with this Section 2, the Company shall on or before the fifth (5th)
          Business Day following the date of receipt of the Exercise Notice, the
          Aggregate
          Exercise Price and this Warrant (or an indemnification undertaking with
          respect
          to this Warrant in the case of its loss, theft or destruction) and the
          receipt
          of the representations of the holder specified in Section 6 hereof, if
          requested
          by the Company (the “Exercise
          Delivery Documents”),
          and
          if the Common Stock is DTC eligible, credit such aggregate number of shares
          of
          Common Stock to which the holder shall be entitled to the holder's or his
          designee's balance account with The Depository Trust Company; provided,
          however,
          if the holder who submitted the Exercise Notice requested physical delivery
          of
          any or all of the Warrant Shares, or, if the Common Stock is not DTC eligible
          then the Company shall, on or before the fifth (5th)
          Business Day following receipt of the Exercise Delivery Documents, issue
          and
          surrender to a common carrier for overnight delivery to the address specified
          in
          the Exercise Notice, a certificate, registered in the name of the holder,
          for
          the number of shares of Common Stock to which the holder shall be entitled
          pursuant to such request. Upon delivery of the Exercise Notice and Aggregate
          Exercise Price referred to above the holder of this Warrant shall be deemed
          for
          all corporate purposes to have become the holder of record of the Warrant
          Shares
          with respect to which this Warrant has been exercised. In the case of a
          dispute
          as to the determination of the Warrant Exercise Price or the Closing Bid
          Price,
          the Company shall promptly issue to the holder the number of Warrant Shares
          that
          is not disputed and shall submit the disputed determinations or arithmetic
          calculations to the holder via facsimile within one (1) Business Day of
          receipt
          of the holder's Exercise Notice.

         

        (c)   If
          the
          holder and the Company are unable to agree upon the determination of the
          Warrant
          Exercise Price within one (1) day of such disputed determination being
          submitted
          to the holder, then the Company shall immediately submit via facsimile
          the
          disputed determination of the Warrant Exercise Price or the Closing Bid
          Price to
          an independent, reputable investment banking firm. The Company shall cause
          the
          investment banking firm or the accountant, as the case may be, to perform
          the
          determinations and notify the Company and the holder of the results no
          later
          than forty-eight (48) hours from the time it receives the disputed
          determinations. Such investment banking firm's or accountant's determination
          or
          calculation, as the case may be, shall be deemed conclusive absent manifest
          error.

         

        (d)   Unless
          the rights represented by this Warrant shall have expired or shall have
          been
          fully exercised, the Company shall, as soon as practicable and in no event
          later
          than five (5) Business Days after any exercise and at its own expense,
          issue a
          new Warrant identical in all respects to this Warrant exercised except
          it shall
          represent rights to purchase the number of Warrant Shares purchasable
          immediately prior to such exercise under this Warrant exercised, less the
          number
          of Warrant Shares with respect to which such Warrant is exercised.

         

        
          
            
            

          

          
            3

            
              

            

          

          
            
            

          

        

        (e)   No
          fractional Warrant Shares are to be issued upon any pro rata exercise of
          this
          Warrant, but rather the number of Warrant Shares issued upon such exercise
          of
          this Warrant shall be rounded up or down to the nearest whole
          number.

        

        Section
          3.  Covenants
          as to Common Stock.
          The
          Company hereby covenants and agrees as follows:

         

        (a)  This
          Warrant is, and any Warrants issued in substitution for or replacement
          of this
          Warrant will upon issuance be, duly authorized and validly issued.

         

        (b)  All
          Warrant Shares which may be issued upon the exercise of the rights represented
          by this Warrant will, upon issuance, be validly issued, fully paid and
          nonassessable and free from all taxes, liens, charges, claims or other
          encumbrances with respect to the issue thereof.

         

        (c)  During
          the period within which the rights represented by this Warrant may be exercised,
          the Company will at all times have authorized and reserved at least one
          hundred
          percent (100%) of the number of shares of Common Stock needed to provide
          for the
          exercise of the rights then represented by this Warrant and the par value
          of
          said shares will at all times be less than or equal to the applicable Warrant
          Exercise Price.

         

        (d)  If
          at any time after the date hereof the Company shall file a registration
          statement, the Company shall include the Warrant Shares issuable to the
          holder,
          pursuant to the terms of this Warrant and shall maintain, so long as any
          other
          shares of Common Stock shall be so listed, such listing of all Warrant
          Shares
          from time to time issuable upon the exercise of this Warrant; and the Company
          shall so list on each national securities exchange or automated quotation
          system, as the case may be, and shall maintain such listing of, any other
          shares
          of capital stock of the Company issuable upon the exercise of this Warrant
          if
          and so long as any shares of the same class shall be listed on such national
          securities exchange or automated quotation system.

         

        (e)  The
          Company will not, by amendment of its Articles of Incorporation or through
          any
          reorganization, transfer of assets, consolidation, merger, dissolution,
          issue or
          sale of securities, or any other voluntary action, avoid or seek to avoid
          the
          observance or performance of any of the terms to be observed or performed
          by it
          hereunder, but will at all times in good faith assist in the carrying out
          of all
          the provisions of this Warrant and in the taking of all such action as
          may
          reasonably be requested by the holder of this Warrant in order to protect
          the
          exercise privilege of the holder of this Warrant against dilution or other
          impairment, consistent with the tenor and purpose of this Warrant. The
          Company
          will not increase the par value of any shares of Common Stock receivable
          upon
          the exercise of this Warrant above the Warrant Exercise Price then in effect,
          and (ii) will take all such actions as may be necessary or appropriate in
          order that the Company may validly and legally issue fully paid and
          non-assessable shares of Common Stock upon the exercise of this
          Warrant.

         

        (f)  This
          Warrant will be binding upon any entity succeeding to the Company by merger,
          consolidation or acquisition of all or substantially all of the Company's
          assets.

         

        Section
          4.  Taxes.
          The
          Company shall pay any and all taxes, except any applicable withholding,
          which
          may be payable with respect to the issuance and delivery of Warrant Shares
          upon
          exercise of this Warrant.

         

        
          
            
            

          

          
            4

            
              

            

          

          
            
            

          

        

        Section
          5.  Warrant
          Holder Not Deemed a Stockholder.
          Except
          as otherwise specifically provided herein, no holder, as such, of this
          Warrant
          shall be entitled to vote or receive dividends or be deemed the holder
          of shares
          of capital stock of the Company for any purpose, nor shall anything contained
          in
          this Warrant be construed to confer upon the holder hereof, as such, any
          of the
          rights of a stockholder of the Company or any right to vote, give or withhold
          consent to any corporate action (whether any reorganization, issue of stock,
          reclassification of stock, consolidation, merger, conveyance or otherwise),
          receive notice of meetings, receive dividends or subscription rights, or
          otherwise, prior to the issuance to the holder of this Warrant of the Warrant
          Shares which he or she is then entitled to receive upon the due exercise
          of this
          Warrant. In addition, nothing contained in this Warrant shall be construed
          as
          imposing any liabilities on such holder to purchase any securities (upon
          exercise of this Warrant or otherwise) or as a stockholder of the Company,
          whether such liabilities are asserted by the Company or by creditors of
          the
          Company. Notwithstanding this Section 5, the Company will provide the holder
          of
          this Warrant with copies of the same notices and other information given
          to the
          stockholders of the Company generally, contemporaneously with the giving
          thereof
          to the stockholders.

         

        Section
          6.  Representations
          of Holder.
          The
          holder of this Warrant, by the acceptance hereof, represents that it is
          acquiring this Warrant and the Warrant Shares for his own account for investment
          only and not with a view towards, or for resale in connection with, the
          public
          sale or distribution of this Warrant or the Warrant Shares, except pursuant
          to
          sales registered or exempted under the Securities Act; provided, however,
          that
          by making the representations herein, the holder does not agree to hold
          this
          Warrant or any of the Warrant Shares for any minimum or other specific
          term and
          reserves the right to dispose of this Warrant and the Warrant Shares at
          any time
          in accordance with or pursuant to a registration statement or an exemption
          under
          the Securities Act. The holder of this Warrant further represents, by acceptance
          hereof, that, as of this date, such holder is an “accredited investor” as such
          term is defined in Rule 501(a)(1) of Regulation D promulgated by the
          Securities and Exchange Commission under the Securities Act (an “Accredited
          Investor”).
          Upon
          exercise of this Warrant the holder shall, if requested by the Company,
          confirm
          in writing, in a form satisfactory to the Company, that the Warrant Shares
          so
          purchased are being acquired solely for the holder's own account and not
          as a
          nominee for any other party, for investment, and not with a view toward
          distribution or resale and that such holder is an Accredited Investor.
          If such
          holder cannot make such representations because they would be factually
          incorrect, it shall be a condition to such holder's exercise of this Warrant
          that the Company receive such other representations as the Company considers
          reasonably necessary to assure the Company that the issuance of its securities
          upon exercise of this Warrant shall not violate any United States or state
          securities laws.

         

        Section
          7.  Ownership
          and Transfer.

         

        (a)  The
          Company shall maintain at its principal executive offices (or such other
          office
          or agency of the Company as it may designate by notice to the holder hereof),
          a
          register for this Warrant, in which the Company shall record the name and
          address of the person in whose name this Warrant has been issued, as well
          as the
          name and address of each transferee. The Company may treat the person in
          whose
          name any Warrant is registered on the register as the owner and holder
          thereof
          for all purposes, notwithstanding any notice to the contrary, but in all
          events
          recognizing any transfers made in accordance with the terms of this
          Warrant.

         

        Section
          8.  Adjustment
          of Warrant Exercise Price and Number of Shares.
          The
          Warrant Exercise Price and the number of shares of Common Stock issuable
          upon
          exercise of this Warrant shall be adjusted from time to time as
          follows:

         

        (a)  Adjustment
          of Warrant Exercise Price upon Subdivision or Combination of Common
          Stock.
          If the
          Company at any time after the date of issuance of this Warrant subdivides
          (by
          any stock split, stock dividend, recapitalization or otherwise) one or
          more
          classes of its outstanding shares of Common Stock into a greater number
          of
          shares, any Warrant Exercise Price in effect immediately prior to such
          subdivision will be proportionately reduced and the number of shares of
          Common
          Stock obtainable upon exercise of this Warrant will be proportionately
          increased. If the Company at any time after the date of issuance of this
          Warrant
          combines (by combination, reverse stock split or otherwise) one or more
          classes
          of its outstanding shares of Common Stock into a smaller number of shares,
          any
          Warrant Exercise Price in effect immediately prior to such combination
          will be
          proportionately increased and the number of Warrant Shares issuable upon
          exercise of this Warrant will be proportionately decreased. Any adjustment
          under
          this Section 8(a) shall become effective at the close of business on the
          date the subdivision or combination becomes effective.

         

        
          
            
            

          

          
            5

            
              

            

          

          
            
            

          

        

        (b)  Distribution
          of Assets.
          If the
          Company shall declare or make any dividend or other distribution of its
          assets
          (or rights to acquire its assets) to holders of Common Stock, by way of
          return
          of capital or otherwise (including, without limitation, any distribution
          of
          cash, stock or other securities, property or options by way of a dividend,
          spin
          off, reclassification, corporate rearrangement or other similar transaction)
          (a
“Distribution”),
          at
          any time after the issuance of this Warrant, then, in each such
          case:

         

        (i)  any
          Warrant Exercise Price in effect immediately prior to the close of business
          on
          the record date fixed for the determination of holders of Common Stock
          entitled
          to receive the Distribution shall be reduced, effective as of the close
          of
          business on such record date, to a price determined by multiplying such
          Warrant
          Exercise Price by a fraction of which (A) the numerator shall be the Closing
          Sale Price of the Common Stock on the trading day immediately preceding
          such
          record date minus the value of the Distribution (as determined in good
          faith by
          the Company's Board of Directors) applicable to one share of Common Stock,
          and
          (B) the denominator shall be the Closing Sale Price of the Common Stock
          on the
          trading day immediately preceding such record date; and

         

        (ii)  either
          (A) the number of Warrant Shares obtainable upon exercise of this Warrant
          shall
          be increased to a number of shares equal to the number of shares of Common
          Stock
          obtainable immediately prior to the close of business on the record date
          fixed
          for the determination of holders of Common Stock entitled to receive the
          Distribution multiplied by the reciprocal of the fraction set forth in
          the
          immediately preceding clause (i), or (B) in the event that the Distribution
          is
          of common stock of a company whose common stock is traded on a national
          securities exchange or a national automated quotation system, then the
          holder of
          this Warrant shall receive an additional warrant to purchase Common Stock,
          the
          terms of which shall be identical to those of this Warrant, except that
          such
          warrant shall be exercisable into the amount of the assets that would have
          been
          payable to the holder of this Warrant pursuant to the Distribution had
          the
          holder exercised this Warrant immediately prior to such record date and
          with an
          exercise price equal to the amount by which the exercise price of this
          Warrant
          was decreased with respect to the Distribution pursuant to the terms of
          the
          immediately preceding clause (i).

         

        (c)  Certain
          Events.
          If any
          event occurs of the type contemplated by the provisions of this Section 8
          but not expressly provided for by such provisions (including, without
          limitation, the granting of stock appreciation rights, phantom stock rights
          or
          other rights with equity features), then the Company's Board of Directors
          will
          make an appropriate adjustment in the Warrant Exercise Price and the number
          of
          shares of Common Stock obtainable upon exercise of this Warrant so as to
          protect
          the rights of the holders of the Warrants; provided, except as set forth
          in
          section 8(d),that no such adjustment pursuant to this Section 8(f) will
          increase
          the Warrant Exercise Price or decrease the number of shares of Common Stock
          obtainable as otherwise determined pursuant to this Section 8.

        

        (d)  Notices.

         

        (i)  Immediately
          upon any adjustment of the Warrant Exercise Price, the Company will give
          written
          notice thereof to the holder of this Warrant, setting forth in reasonable
          detail, and certifying, the calculation of such adjustment.

         

        
          
            
            

          

          
            6

            
              

            

          

          
            
            

          

        

        (ii)  The
          Company will give written notice to the holder of this Warrant at least
          ten (10)
          days prior to the date on which the Company closes its books or takes a
          record
          (A) with respect to any dividend or distribution upon the Common Stock,
          (B) with respect to any pro rata subscription offer to holders of Common
          Stock or (C) for determining rights to vote with respect to any Organic
          Change (as defined below), dissolution or liquidation, provided that such
          information shall be made known to the public prior to or in conjunction
          with
          such notice being provided to such holder.

         

        (iii)  The
          Company will also give written notice to the holder of this Warrant at
          least ten
          (10) days prior to the date on which any change, dissolution or liquidation
          will
          take place, provided that such information shall be made known to the public
          prior to or in conjunction with such notice being provided to such
          holder.

         

        Section
          9.  Purchase
          Rights; Reorganization, Reclassification, Consolidation, Merger or
          Sale.

         

        (a)  If
          at any time the Company grants, issues or sells any Options, Convertible
          Securities or rights to purchase stock, warrants, securities or other property
          pro rata to the record holders of any class of Common Stock (the “Purchase
          Rights”),
          then
          the holder of this Warrant will be entitled to acquire, upon the terms
          applicable to such Purchase Rights, the aggregate Purchase Rights which
          such
          holder could have acquired if such holder had held the number of shares
          of
          Common Stock acquirable upon complete exercise of this Warrant immediately
          before the date on which a record is taken for the grant, issuance or sale
          of
          such Purchase Rights, or, if no such record is taken, the date as of which
          the
          record holders of Common Stock are to be determined for the grant, issue
          or sale
          of such Purchase Rights.

         

        (b)  Any
          recapitalization, reorganization, reclassification, consolidation, merger,
          sale
          of all or substantially all of the Company's assets to another Person or
          other
          transaction in each case which is effected in such a way that holders of
          Common
          Stock are entitled to receive (either directly or upon subsequent liquidation)
          stock, securities or assets with respect to or in exchange for Common Stock
          is
          referred to herein as an “Organic
          Change.”
Prior
          to the consummation of any (i) sale of all or substantially all of the
          Company's
          assets to an acquiring Person or (ii) other Organic Change following which
          the
          Company is not a surviving entity, the Company will secure from the Person
          purchasing such assets or the successor resulting from such Organic Change
          (in
          each case, the “Acquiring
          Entity”)
          a
          written agreement (in form and substance satisfactory to the Holders) to
          deliver
          to Holder in exchange for the Warrants, a security of the Acquiring Entity
          evidenced by a written instrument substantially similar in form and substance
          to
          this Warrant and satisfactory to the Holder (including an adjusted warrant
          exercise price equal to the value for the Common Stock reflected by the
          terms of
          such consolidation, merger or sale, and exercisable for a corresponding
          number
          of shares of Common Stock acquirable and receivable upon exercise of the
          Warrants without regard to any limitations on exercise, if the value so
          reflected is less than any applicable Warrant Exercise Price immediately
          prior
          to such consolidation, merger or sale). Prior to the consummation of any
          other
          Organic Change, the Company shall make appropriate provision (in form and
          substance satisfactory to the Holder) to insure that the Holder will thereafter
          have the right to acquire and receive in lieu of or in addition to (as
          the case
          may be) the Warrant Shares immediately theretofore issuable and receivable
          upon
          the exercise of Holder's Warrants (without regard to any limitations on
          exercise), such shares of stock, securities or assets that would have been
          issued or payable in such Organic Change with respect to or in exchange
          for the
          number of Warrant Shares which would have been issuable and receivable
          upon the
          exercise of Holder's Warrant as of the date of such Organic Change (without
          taking into account any limitations or restrictions on the exercisability
          of
          this Warrant).

         

        
          
            
            

          

          
            7

            
              

            

          

          
            
            

          

        

        Section
          10.  Lost,
          Stolen, Mutilated or Destroyed Warrant.
          If this
          Warrant is lost, stolen, mutilated or destroyed, the Company shall promptly,
          on
          receipt of an indemnification undertaking (or, in the case of a mutilated
          Warrant, the Warrant), issue a new Warrant of like denomination and tenor
          as
          this Warrant so lost, stolen, mutilated or destroyed.

         

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

         

        
          	
                  If
                    to Holder:

                	 	
                  Dyna
                    Porter International Limited

                
	
                   

                	 	
                  P.O.
                    Box 957, Offshore Incorporations Centre

                
	 	 	
                  Road
                    Town, Tortola, British Virgin Islands

                
	
                   

                	 	
                   

                
	
                  If
                    to the Company, to:

                	 	
                  TXP
                    Corporation

                
	
                   

                	 	
                  1299
                    Commerce Drive

                
	
                   

                	 	
                  Richardson,
                    TX 75081

                
	
                   

                	 	
                  Attention: Michael
                    C. Shores

                
	
                   

                	 	
                  Telephone: (214)
                    575-9300

                
	
                   

                	 	
                  Facsimile: (214)
                    575-9314

                

        

         

        If
          to a
          holder of this Warrant, to it at the address and facsimile number set forth
          on
Exhibit C
          hereto,
          with copies to such holder's representatives as set forth on Exhibit C,
          or at
          such other address and facsimile as shall be delivered to the Company upon
          the
          issuance or transfer of this Warrant. Each party shall provide five days'
          prior
          written notice to the other party of any change in address or facsimile
          number.
          Written confirmation of receipt (A) given by the recipient of such notice,
          consent, facsimile, waiver or other communication, (or (B) provided by a
          nationally recognized overnight delivery service shall be rebuttable evidence
          of
          personal service, receipt by facsimile or receipt from a nationally recognized
          overnight delivery service in accordance with clause (i), (ii) or (iii)
          above,
          respectively.

         

        Section
          12.  Amendment
          and Waiver.
          Except
          as otherwise provided herein, the provisions of the Warrants may be amended
          and
          the Company may take any action herein prohibited, or omit to perform any
          act
          herein required to be performed by it, only if the Company has obtained
          the
          written consent of the Holders.

         

        Section
          13.  Descriptive
          Headings; Governing Law.
          The
          descriptive headings of the several sections and paragraphs of this Warrant
          are
          inserted for convenience only and do not constitute a part of this Warrant.
          The
          corporate laws of the State of Texas shall govern all issues concerning
          the
          relative rights of the Company and its stockholders. Any
          disputes that may result between the parties shall be related to this Warrant
          shall be exclusively resolved using binding Arbitration according to the
          rules
          of the American Arbitration Association. The arbitrators ruling for any
          such
          disputes shall be deemed final and not subject to appeal. Venue for such
          proceeding shall be in Dallas County, Texas.

        

        [REMAINDER
          OF PAGE INTENTIONALLY LEFT BLANK]

        
          
            
            

          

          
            8

            
              

            

          

           

        

        

        IN
          WITNESS WHEREOF,
          the
          Company has caused this Warrant to be signed as of the date first set forth
          above.

         

        
          	
                   

                	
                  TXP
                    CORPORATION

                
	
                   

                	
                   

                	
                   

                
	
                   

                	
                  By:  
                    

                	
                  /s/
                    Michael C. Shores

                
	
                   

                	
                   

                	
                  
                    

                  

                  Name: Michael
                    C. Shores

                
	
                   

                	
                   

                	
                  Title: Chief
                    Executive Officer

                

        

         

        
          
            
            

          

          
            9

            
              

            

          

           

        

        EXHIBIT
          A TO WARRANT

         

        EXERCISE
          NOTICE

         

        TO
          BE EXECUTED

        BY
          THE REGISTERED HOLDER TO EXERCISE THIS WARRANT

         

        TXP
          CORPORATION

         

        The
          undersigned holder hereby exercises the right to purchase ______________
          of the
          shares of Common Stock (“Warrant
          Shares”)
          of TXP
          CORPORATION (the “Company”),
          evidenced by the attached Warrant (the “Warrant”).
          Capitalized terms used herein and not otherwise defined shall have the
          respective meanings set forth in the Warrant.

         

        Specify
          Method of exercise by check mark:

         

        1.
          ___ Cash Exercise

         

        (a)
          Payment of Warrant Exercise Price.
          The
          holder shall pay the Aggregate Exercise Price of $______________ to the
          Company
          in accordance with the terms of the Warrant.

         

        (b)
          Delivery of Warrant Shares.
          The
          Company shall deliver to the holder _________ Warrant Shares in accordance
          with
          the terms of the Warrant.

         

        Date:
          _________ __, ____

        

        Name
          of
          Registered Holder

        

        By:  

        
          

        

        Name:
          
          
            

          

        

        Title:
          
          
            

          

        

         

        
          
            
            

          

          
            10

            
              

            

          

           

        

         

        EXHIBIT
          B TO WARRANT

         

        FORM
          OF WARRANT POWER

         

        FOR
          VALUE RECEIVED,
          the
          undersigned does hereby assign and transfer to ________________, Federal
          Identification No. __________, a warrant to purchase ____________ shares of
          the capital stock of TXP CORPORATION represented by warrant certificate
          no. _____, standing in the name of the undersigned on the books of said
          corporation. The undersigned does hereby irrevocably constitute and appoint
          ______________, attorney to transfer the warrants of said corporation,
          with full
          power of substitution in the premises.

         

        
          	
                   Dated: 

                	
                        

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                   

                	
                   

                	
                   

                	
                   By:

                	
                       

                
	
                   

                	
                   

                	
                   

                	
                   Name:

                	
                        

                
	
                   

                	
                   

                	
                   

                	
                   Title:

                	
                        

                

        

         

        
          
            
            

          

          
            11

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