Document:

Exhibit
      10.1

    
      
         

        THIS
          SECURED DEBENTURE, AND THE SECURITIES INTO WHICH IT IS CONVERTIBLE
          (COLLECTIVELY, THE “SECURITIES”),
          HAVE
          NOT BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION
          OR
          THE SECURITIES COMMISSION OF ANY STATE. THE SECURITIES ARE BEING OFFERED
          PURSUANT TO A SAFE HARBOR FROM REGISTRATION UNDER REGULATION D PROMULGATED
          UNDER
          THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”).
          THE
          SECURITIES ARE “RESTRICTED”
AND
          MAY
          NOT BE OFFERED OR SOLD UNLESS THE SECURITIES ARE REGISTERED UNDER THE ACT,
          PURSUANT TO REGULATION D OR PURSUANT TO AVAILABLE EXEMPTIONS FROM THE
          REGISTRATION REQUIREMENTS OF THE ACT AND THE COMPANY WILL BE PROVIDED WITH
          OPINION OF COUNSEL OR OTHER SUCH INFORMATION AS IT MAY REASONABLY REQUIRE
          TO
          CONFIRM THAT SUCH EXEMPTIONS ARE AVAILABLE. FURTHER HEDGING TRANSACTIONS
          INVOLVING THE SECURITIES MAY NOT BE MADE EXCEPT IN COMPLIANCE WITH THE
          ACT.

        
 

        MOBILEPRO
          CORP.

         

        7.75%
          SECURED CONVERTIBLE DEBENTURE

         

        June
          30, 2006

        

        
          	
                  No.
                    CCP-

                	
                  US$15,149,650

                

        

        

        This
          Convertible Debenture (the “Debenture”)
          is
          issued on June 30, 2006 (the “Closing Date”)
          by
MobilePro
          Corp.,
          a
          Delaware corporation (the “Company”),
          to
Cornell
          Capital Partners, LP (together
          with its permitted successors and assigns, the “Holder”)
          pursuant to exemptions from registration
          under
          the Securities Act of 1933, as amended.

        

        WHEREAS,
          the
          Company has issued to the Holder, and the Holder has purchased from the
          Company
          a Secured Convertible Debenture on May 13, 2005 (the “Initial
          Security”)
          for a
          purchase price of $15,500,000. The entire purchase price was paid by the
          Holder
          on May 13, 2005. As of the date hereof, the outstanding principal balance
          on the
          Initial Security equals $15,000,000 plus accrued and unpaid interest of
          $149,650, for a total of $15,149,650.

        

        On
          the
          Closing Date the Holder shall surrender the Initial Security to the Company
          and
          the Company shall issue this Debenture to the Holder. This Debenture shall
          be
          acquired by the Holder from the Company for a consideration consisting
          solely of
          the Initial Security surrendered for conversion and shall be deemed to
          have been
          acquired at the same time as the Initial Security.

        

        
          
             

          

          
            1

            
              

            

          

          
             

          

        

        

        ARTICLE
          I.

        

        Section
          1.01 Principal
          and Interest.
          For
          value
          received, the Company hereby promises to pay to the order of the Holder
          on
          December 31, 2007 (“Maturity
          Date”), in
          lawful money of the United States of America and in immediately available
          funds
          the principal sum of $15,149,650, together with interest on the unpaid
          principal
          of this Debenture at the rate of seven and three-quarters percent (7.75%)
          per year (compounded monthly) from the date of this Debenture until paid.
          All
          unpaid principal amount and accrued interest shall be due and payable to
          the
          Holder on the Maturity Date. In no event shall the Holder be entitled to
          convert
          this Debenture for a number of shares of Common Stock in excess of that
          number
          of shares of Common Stock which, upon giving effect to such conversion,
          would
          cause the aggregate number of shares of Common Stock beneficially owned
          by the
          Holder and its affiliates to exceed 4.99% of the outstanding shares of
          the
          Common Stock following such conversion (unless the Holder provides to the
          Company sixty-five (65) days prior written notice that this provision shall
          not
          apply). 

        

        Section
          1.02 Payments.
          

        

        (a) The
          Company shall make weekly scheduled payments (“Scheduled
          Payments”)
          consisting of at least $250,000 of principal, commencing with the first
          Scheduled Payment which shall be due and payable on September 1, 2006.
          Interest
          payments on the outstanding principal balance hereof shall be due and payable
          with the principal payment installments above. The Company shall have the
          right
          to make each Scheduled Payment in shares of Common Stock, which shares
          shall be
          valued at the lower of $0.275 or a seven percent (7%) discount to the average
          of
          the two lowest daily volume weighted average prices of the Company’s Common
          Stock as quoted by Bloomberg, LP for the five (5) trading days immediately
          following the Scheduled Payment date (the “Payment
          Conversion Price”),
          provided
          that all
          such shares may only be issued by the Company if such shares are tradeable
          under
          Rule 144 of the Securities and Exchange Commission (the “Commission”),
          are
          registered for sale under the Securities Act of 1933 or are freely tradeable
          without restriction in the hands of the Holder. All payments in respect
          of the
          indebtedness evidenced hereby shall be made in collected funds (unless
          paid in
          shares of Common Stock), and shall be applied to principal, accrued interest
          and
          charges and expenses owing under or in connection with this Debenture in
          such
          order as the Holder elects, except that payments shall be applied to accrued
          interest before principal. Notwithstanding the foregoing, this Debenture
          shall
          become due and immediately payable, including all accrued but unpaid interest,
          upon an Event of Default (as defined in Section
          3.01
          hereof).
          Whenever any payment or other obligation hereunder shall be due on a day
          other
          than a business day, such payment shall be made on the next succeeding
          business
          day. Time is of the essence of this Debenture. The Company shall be permitted
          to
          prepay any amounts owed under this Debenture if the price of the shares
          of the
          Company’s Common Stock is less than $0.275 per share and also may, at its
          option, increase any scheduled payment to $750,000 (payable in cash or
          Common
          Stock as set forth above) without incurring any penalties or fees. Nothing
          contained in this paragraph shall limit the amount that the Holder can
          convert
          at any time. 

        

        
          
             

          

          
            2

            
              

            

          

          
             

          

           

        

        (b) Procedures
          for Making Payments in Stock. If
          the
          Company elects to make a Scheduled Payment in shares of Common Stock, the
          Company shall provide the Holder with written notice of such election
          (“Notice”),
          on or
          before the Scheduled Payment date, which Notice shall be irrevocable. Once
          a
          Notice is delivered by the Company, the Company shall have an unconditional
          obligation to issue the shares of Common Stock corresponding to such Notice.
          Each Notice shall set forth the amount of such Scheduled Payment that the
          Company is electing to pay in shares of Common Stock (between $250,000
          and
          $750,000, plus interest as set forth in Section 1.02 (a)), confirm that
          the all
          conditions to the Company’s right to make such Scheduled Payment in shares of
          Common Stock have been satisfied, and be signed by an officer of the Company.
          The Company shall issue the shares of Common Stock corresponding to each
          Notice
          within two (2) days after the number of shares corresponding to such Notice
          is
          determinable. The Company acknowledges that the Holder may sell shares
          of the
          Company’s Common Stock corresponding with a particular Notice after the Notice
          is received by the Holder and that the Holder will suffer financial hardship
          if
          the shares corresponding to a Notice are not timely delivered. 

        

        Section
          1.03 Right
          of Redemption.
          

        

        (a) Common
          Stock Trading At or Above Conversion Price.
          In the
          event that the Company’s common stock is trading at or above the Conversion
          Price, as adjusted in accordance with Section
          5.01
          hereof,
          the Company at its option shall have the right, with sixty (60) days advance
          written notice, to redeem a portion or all amounts outstanding under this
          Debenture prior to the Maturity Date, provided
          that
          at
          least the number of Conversion Shares representing all principal and accrued
          interest then due and payable by the Company pursuant to the Debenture
          are
          registered for sale under the Securities Act of 1933. The Company shall
          pay an
          amount equal to the principal amount being redeemed plus a redemption premium
          equal to twenty percent (20%) of the principal amount being redeemed, and
          accrued interest (collectively referred to as the “In
          the
          Money Redemption Amount”).
          The
          Company shall deliver to the Holder the In the Money Redemption Amount
          within
          three (3) business days after expiration of the sixty-day notice requirement.
          

         

        In
          the
          event the Company exercises a redemption of either all or a portion of
          the
          outstanding principal amounts plus accrued interest due and outstanding
          under
          this debenture as outlined in this Section 1.03(a), the Holder shall receive
          a
          warrant to purchase an amount of shares equal to one-third of the principal
          amount redeemed divided by the Conversion Price. Such warrant shall be
          exercisable on a “cash basis” at the Conversion Price, shall have “piggy-back”
and demand registration rights, and shall survive for a period of the shorter
          of
          five (5) years from the Closing Date or eighteen (18) months after underlying
          shares are registered for sale under the Securities Act of 1933 or are
          freely
          tradeable without restriction in the hands of the Holder.

         

        In
          the
          event that the Company redeems a portion of the amount outstanding under
          this
          Debenture pursuant to this Section 1.03(a), the Company shall be entitled
          to an
          off-set of the amount of principal and accrued interest due pursuant to
          the
          Scheduled Payment equal to the amount of principal and accrued interest
          redeemed
          or converted (the “In
          the
          Money Off-Set Amount”).
          In
          such event the Company shall still be obligated to make a Scheduled Payment
          reduced by the In the Money Off-Set Amount as contemplated by this Section
          1.03(a).

         

        
          
             

          

          
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        Notwithstanding
          the foregoing, in the event that the Company has elected to redeem a portion
          of
          the outstanding principal amount and accrued interest under this Debenture
          pursuant to this Section 1.03(a), the Holder shall be permitted to convert
          all
          or any portion of this Debenture during such sixty day period. 

        

        (b) Common
          Stock Trading Below Conversion Price.
          In the
          event that the Company’s common stock is trading below the Conversion Price, as
          adjusted in accordance with Section
          5.01
          hereof,
          the Company at its option shall have the right, with fifteen (15) days
          advance
          written notice, to redeem a portion or all amounts outstanding under this
          Debenture prior to the Maturity Date, provided
          that
          at
          least the number of Conversion Shares representing all principal and accrued
          interest then due and payable by the Company pursuant to the Debenture
          are
          registered for sale under the Securities Act of 1933. 

        

        In
          the
          event that the Company elects to exercise its redemption rights under this
          Section 1.03(b), it shall pay a redemption premium to the Holder. The Holder
          shall have the option, upon five (5) days written notice to elect to receive
          an
          amount equal to the principal amount being redeemed plus a redemption premium
          equal to ten percent (10%) of the principal amount being redeemed, and
          accrued
          interest (the “Out
          of
          the Money Redemption Amount”);
          or
          the principal amount being redeemed plus a warrant to purchase an amount
          of
          shares equal to one-third of the principal amount redeemed divided by the
          Conversion Price. Such warrant shall be exercisable on a “cash basis” at the
          Conversion Price, shall have “piggy-back” and demand registration rights, and
          shall survive for a period of the shorter of five (5) years from the Closing
          Date or eighteen (18) months after underlying shares are registered for
          sale
          under the Securities Act of 1933 or are freely tradeable without restriction
          in
          the hands of the Holder. The Company shall deliver to the Holder the Out
          of the
          Money Redemption Amount, or the principal amount redeemed plus warrant,
          within
          three (3) business days after expiration of the fifteen-day notice requirement.
          

        

        In
          the
          event that the Company redeems a portion of the amount outstanding under
          this
          Debenture pursuant to this Section 1.03(b), the Company shall be entitled
          to an
          off-set of the amount of principal and accrued interest due pursuant to
          the
          Scheduled Payment equal to the amount of principal and accrued interest
          redeemed
          or converted (the “Out of the Money Off-Set
          Amount”).
          In
          such event the Company shall still be obligated to make a Scheduled Payment
          reduced by the Out of the Money Off-Set Amount as contemplated under this
          Section 1.03(b).

         

        Notwithstanding
          the foregoing, in the event that the Company has elected to redeem a portion
          of
          the outstanding principal amount and accrued interest under this Debenture
          pursuant to this Section 1.03(b), the Holder shall be permitted to convert
          all
          or any portion of this Debenture during such fifteen day period. 

        

        Section
          1.04 Conversion.
          The
          Holder is entitled, at its option, to convert, and sell on the same day,
          at any
          time and from time to time, until payment in full of this Debenture, all
          or any
          part of the principal amount of the Debenture, plus accrued interest, into
          shares (the “Conversion
          Shares”)
          of the
          Company’s common stock, par value $0.001 per share (“Common
          Stock”),
          at
          the price per share equal to $0.275 (the “Conversion
          Price”),
          as
          may be adjusted in accordance with Section
          5.01
          hereof.
          No fraction of shares or scrip representing fractions of shares will be
          issued
          on conversion, but the number of shares issuable shall be rounded to the
          nearest
          whole share. To convert this Debenture, the Holder hereof shall deliver
          written
          notice thereof, substantially in the form of Exhibit A to this Debenture,
          with appropriate insertions (the “Conversion
          Notice”),
          to
          the Company at its address as set forth herein. The date upon which the
          conversion shall be effective (the “Conversion
          Date”)
          shall
          be deemed to be the date set forth in the Conversion Notice. Any conversion
          under this Debenture of all or any part of the principal amount of the
          Debenture, plus accrued interest, shall be credited to the next scheduled
          payment of principal and interest under Section
          1.02
          hereof,
          and if such next scheduled payment of principal and interest is paid in
          full and
          an additional sum is available, then such excess shall be applied to the
          next
          scheduled payment of principal and interest under Section
          1.02
          hereof.

        

        
          
             

          

          
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        Section
          1.05 Reservation
          of Common Stock.
          The
          Company shall reserve and keep available out of its authorized but unissued
          shares of Common Stock, solely for the purpose of effecting the conversion
          of
          this Debenture, 51,666,667 shares of Common Stock as shall from time to
          time be
          sufficient to effect such conversion, based upon the Conversion Price.
          If at any
          time the Company does not have a sufficient number of Conversion Shares
          authorized and available, then the Company shall call and hold a special
          meeting
          of its stockholders within thirty (30) days of that time for the sole
          purpose of increasing the number of authorized shares of Common
          Stock.

        

        Section
          1.06 Registration
          Rights.
          If the
          Company decides to register any of its Common Stock or securities convertible
          into or exchangeable for Common Stock under the Securities Act (a “Registration”)
          on a
          form that is suitable for an offering of shares of Common Stock by the
          Company
          or by third parties and that is not a registration solely to implement
          an
          employee benefit plan on Commission Form S-8, a registration statement
          on
          Commission Form S-4 (or successor form) or a transaction to which Rule
          145 or
          any other similar rule of the Commission is applicable (such form, a
“Registration
          Statement”),
          the
          Company shall give written notice to the Holders of its intention to effect
          such
          a Registration. The Company shall include all of the Conversion Shares
          in such
          Registration. 

        

        Section
          1.07 Interest
          Payments.
          The
          interest payable under this Debenture will be paid at the time of maturity
          or
          conversion to the person in whose name this Debenture is registered. At
          the time
          such interest is payable, the Holder, in its sole discretion, may elect
          to
          receive the interest in cash (via wire transfer or certified funds) or in
          the form of Common Stock. In the Event of Default, as described in Section 3.01
          hereunder, the Holder may elect that the interest be paid in cash (via
          wire
          transfer or certified funds) or in the form of Common Stock. A number of
          shares
          of Common Stock with a value equal to the amount of interest due shall
          be
          issued. No fractional shares will be issued; therefore, in the event that
          the
          value of the Common Stock per share does not equal the total interest due,
          the
          Company will pay the balance in cash.

        

        Section
          1.08 Paying
          Agent and Registrar.
          Initially, the Company will act as paying agent and registrar. The Company
          may
          change any paying agent, registrar, or Company-registrar by giving the
          Holder
          not less than ten (10) business days’ written notice of its election to do
          so, specifying the name, address, telephone number and facsimile number
          of the
          paying agent or registrar. The Company may act in any such
          capacity.

        

        ARTICLE
          II.

        

        Section
          2.01 Waiver.
          Any
          waiver by the Holder of a breach of any provision of this Debenture shall
          not
          operate as or be construed to be a waiver of any other breach of such provision
          or of any breach of any other provision of this Debenture. The failure
          of the
          Holder to insist upon strict adherence to any term of this Debenture on
          one or
          more occasions shall not be considered a waiver or deprive that party of
          the
          right thereafter to insist upon strict adherence to that term or any other
          term
          of this Debenture. Any waiver must be in writing.

        

        
          
             

          

          
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        Section
          2.02 Security
          and Priority.
          This
          Debenture is secured by the Assignment Agreement of dated May 13, 2005
          given by
          Airlee Opportunity Master Fund, Ltd. to the Holder and acknowledged by
          the
          Company, the Amended and Restated Security Agreement and the Amended and
          Restated Collateral Assignment Agreement (collectively, the “Security
          Documents”).
          The
          parties intend for this Debenture to relate back to all prior filings made
          by
          the Holder or Airlee Opportunity Master Fund, Ltd. No indebtedness of the
          Company is contractually senior to this Debenture in right of payment,
          whether
          with respect to interest, damages or upon liquidation or dissolution or
          otherwise. Without the Holder’s consent, the Company will not and will not
          permit any of their subsidiaries to, directly or indirectly, enter into,
          create,
          incur, assume or suffer to exist any indebtedness of any kind, on or with
          respect to any of its property or assets now owned or hereafter acquired
          or any
          interest therein or any income or profits there from that is contractually
          senior in any respect to the obligations of the Company under this
          Debenture.

        

        Section
          2.03 Transaction
          Documents.
          “Transaction
          Documents”,
          wherever used herein, means any one of the following items: Securities
          Purchase
          Agreement dated May 13, 2005 between the Company and the Holder, this Debenture,
          the Initial Security, the Investor Registration Rights Agreement dated
          May 13,
          2005 between the Company and the Holder, the Escrow Agreement dated May
          13, 2005
          between the Company and the Holder, the Warrant dated May 13, 2005 given
          by the
          Company to the Holder, the Security Documents (as defined in Section
          2.02),
          the
          Guaranty Agreement dated May 13, 2005 herewith and all other instruments,
          documents, contracts, agreements, promissory notes and evidences of indebtedness
          now or hereafter existing between the Company and/or its subsidiaries and
          the
          Holder, whether or not related to the indebtedness evidenced by this
          Debenture.

        

        ARTICLE
          III.

        

        Section
          3.01 Events
          of Default and Remedies.
          

        

        (a) An
          “Event
          of Default”,
          wherever used herein, means any one of the following events (whatever the
          reason
          and whether it shall be voluntary or involuntary or effected by operation
          of law
          or pursuant to any judgment, decree or order of any court, or any order,
          rule or
          regulation of any administrative or governmental body):

         

        (i) Any
          default in the payment of the principal of, interest on or other charges
          in
          respect of this Debenture, free of any claim of subordination, as and when
          the
          same shall become due and payable (whether on Interest Payment Date, Principal
          Payment Date, a Conversion Date or the Maturity Date or by acceleration
          or
          otherwise (collectively, the “Payment
          Date”))
          which
          is not cured within 15 days of the applicable Payment Date;

         

        
          
             

          

          
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        (ii) The
          Company shall fail to observe or perform any other covenant, agreement
          or
          warranty contained in, or otherwise commit any breach or default of any
          provision of this Debenture (except as may be covered by Section
          3.01(i)
          hereof)
          which is not cured by the Holder within 15 days of the Holder delivering
          written
          notice to the Company specifying the failure, breach or default or any
          Transaction Document (as defined in Section
          2.03)
          which
          is not cured within the time prescribed therein, if any;

         

        (iii) The
          Company or any subsidiary of the Company shall commence, or there shall
          be
          commenced against the Company or any subsidiary of the Company under any
          applicable bankruptcy or insolvency laws as now or hereafter in effect
          or any
          successor thereto, or the Company or any subsidiary of the Company commences
          any
          other proceeding under any reorganization, arrangement, adjustment of debt,
          relief of debtors, dissolution, insolvency or liquidation or similar law
          of any
          jurisdiction whether now or hereafter in effect relating to the Company
          or any
          subsidiary of the Company or there is commenced against the Company or
          any
          subsidiary of the Company any such bankruptcy, insolvency or other proceeding
          which remains undismissed for a period of 61 days; or the Company or any
          subsidiary of the Company is adjudicated insolvent or bankrupt; or any
          order of
          relief or other order approving any such case or proceeding is entered;
          or the
          Company or any subsidiary of the Company suffers any appointment of any
          custodian, private or court appointed receiver or the like for it or any
          substantial part of its property which continues undischarged or unstayed
          for a
          period of sixty one (61) days; or the Company or any subsidiary of the
          Company
          makes a general assignment for the benefit of creditors; or the Company
          or any
          subsidiary of the Company shall fail to pay, or shall state that it is
          unable to
          pay, or shall be unable to pay, its debts generally as they become due;
          or the
          Company or any subsidiary of the Company shall call a meeting of its creditors
          with a view to arranging a composition, adjustment or restructuring of
          its
          debts; or the Company or any subsidiary of the Company shall by any act
          or
          failure to act expressly indicate its consent to, approval of or acquiescence
          in
          any of the foregoing; or any corporate or other action is taken by the
          Company
          or any subsidiary of the Company for the purpose of effecting any of the
          foregoing;

         

        (iv) The
          Company or any subsidiary of the Company shall default in any of its obligations
          under any other debenture or any mortgage, credit agreement or other facility,
          indenture agreement, factoring agreement or other instrument under which
          there
          may be issued, or by which there may be secured or evidenced any indebtedness
          for borrowed money or money due under any long term leasing or factoring
          arrangement of the Company or any subsidiary of the Company in an amount
          exceeding $250,000, whether such indebtedness now exists or shall hereafter
          be
          created and such default shall result in such indebtedness becoming or
          being
          declared due and payable prior to the date on which it would otherwise
          become
          due and payable;

         

        (v) The
          Common Stock shall cease to be quoted for trading or listed for trading
          on the
          Nasdaq OTC Bulletin Board (“OTC”),
          Nasdaq SmallCap Market, New York Stock Exchange, American Stock Exchange
          or the
          Nasdaq National Market (each, a “Subsequent
          Market”)
          and
          shall not again be quoted or listed for trading thereon within five (5)
          Trading
          Days of such delisting; or

         

        
          
             

          

          
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        (vi) The
          Company shall fail for any reason to deliver Common Stock certificates
          to a
          Holder prior to the fifth (5th)
          Trading
          Day after a Conversion Date or the Company shall provide notice to the
          Holder,
          including by way of public announcement, at any time, of its intention
          not to
          comply with requests for conversions of this Debenture in accordance with
          the
          terms hereof. 

        

        (b) Remedies.
          During
          the time that any portion of this Debenture is outstanding, if any Event
          of
          Default has occurred, the full principal amount of this Debenture, together
          with
          interest and other amounts owing in respect thereof, to the date of acceleration
          shall become at the Holder's election, immediately due and payable in cash,
          provided
          however,
          the
          Holder may request (but shall have no obligation to request) payment of
          such
          amounts in Common Stock of the Company. Upon an Event of Default the Holder
          may
          elect to convert this Debenture at the Payment Conversion Price set forth
          in
          Section 1.02 hereof. Further, upon an Event of Default, interest on the
          outstanding principal balance shall accrue interest thereafter until paid
          at an
          annual rate (the “Default
          Rate”)
          equal
          to twenty four (24%), regardless of whether there has been an acceleration
          of
          the payment of principal and interest as set forth herein. The Default
          Rate
          shall continue until all amounts are collected, whether in settlement,
          collecting upon a judgment or otherwise. In addition to any other remedies,
          the
          Holder shall have the right (but not the obligation) to convert this Debenture
          at any time after (x) an Event of Default or (y) the Maturity Date at the
          Conversion Price then in-effect. The Holder need not provide and the Company
          hereby waives any presentment, demand, protest or other notice of any kind,
          and
          the Holder may immediately and without expiration of any grace period enforce
          any and all of its rights and remedies hereunder and all other remedies
          available to it under applicable law. Such declaration may be rescinded
          and
          annulled by Holder at any time prior to payment hereunder. No such rescission
          or
          annulment shall affect any subsequent Event of Default or impair any right
          consequent thereon. Upon an Event of Default, notwithstanding any other
          provision of this Debenture or any Transaction Document, the Holder shall
          have
          no obligation to comply with or adhere to any limitations, if any, on the
          conversion of this Debenture or the sale of the Underlying Shares.

        

        Section
          3.02 Failure
          to Issue Unrestricted Common Stock.
          As
          indicated in Article III Section 3.01, a breach by the Company of its
          obligations under the Investor Registration Rights Agreement shall be deemed
          an
          Event of Default, which if not cured within ten (10) days, shall entitle
          the Holder to accelerate full repayment of all debentures outstanding and
          accrued interest thereon or, notwithstanding any limitations contained
          in this
          Debenture, to convert all debentures outstanding and accrued interest thereon
          into shares of Common Stock pursuant to Section 1.02 herein. The Company
          acknowledges that failure to honor a Notice of Conversion shall cause
          irreparable harm to the Holder. 

        

        ARTICLE
          IV.

        

        Section
          4.01 Rights
          and Terms of Conversion.
          This
          Debenture, in whole or in part, may be converted at any time following
          the
          Closing Date, into shares of Common Stock at a price equal to the Conversion
          Price as described in Section 1.04
          above.

        

        
          
             

          

          
            8

            
              

            

          

          
             

          

           

        

        Section
          4.02 Re-issuance
          of Debenture.
          When
          the
          Holder elects to convert a part of the Debenture, then the Company shall
          reissue
          a new Debenture in the same form as this Debenture to reflect the new principal
          amount.

        

        ARTICLE
          V.

        

        Section
          5.01 Anti-dilution.
          If
          the
          Company, at any time while this Debenture is outstanding, shall (a) pay a
          stock dividend or otherwise make a distribution or distributions on shares
          of
          its Common Stock or any other equity or equity equivalent securities payable
          in
          shares of Common Stock, (b) subdivide outstanding shares of Common Stock
          into a
          larger number of shares, (c) combine (including by way of reverse stock
          split)
          outstanding shares of Common Stock into a smaller number of shares, or
          (d) issue
          by reclassification of shares of the Common Stock any shares of capital
          stock of
          the Company, then the Conversion Price shall be multiplied by a fraction
          of
          which the numerator shall be the number of shares of Common Stock (excluding
          treasury shares, if any) outstanding before such event and of which the
          denominator shall be the number of shares of Common Stock outstanding after
          such
          event. Any adjustment made pursuant to this Section shall become effective
          immediately after the record date for the determination of stockholders
          entitled
          to receive such dividend or distribution and shall become effective immediately
          after the effective date in the case of a subdivision, combination or
          re-classification.

        

        Section
          5.02 Consent
          of Holder to Sell Capital Stock or Grant Security
          Interests.
          Except
          for the issuance of capital stock under any financing arrangements now
          or
          hereafter existing by the Company to the Holder, so long as any of the
          principal
          of or interest on this Debenture remains unpaid and unconverted, the Company
          shall not, without the prior consent of the Holder, issue or sell (i) any
          Common Stock or Preferred Stock without consideration or for a consideration
          per
          share less than its fair market value determined immediately prior to its
          issuance, (ii) issue or sell any Preferred Stock, warrant, option, right,
          contract, call, or other security or instrument granting the holder thereof
          the
          right to acquire Common Stock without consideration or for a consideration
          per
          share less than such Common Stock’s fair market value determined immediately
          prior to its issuance, (iii)
          enter into any security instrument granting the holder a security interest
          in
          any of the assets of the Company other
          than equipment financing and capital leases in the ordinary course of
          business,
          or
          (iv)
          file any registration statement on Form S-8.

        

        ARTICLE
          VI.

        

        Section
          6.01 Notice.
          Notices
          regarding this Debenture shall be sent to the parties at the following
          addresses, unless a party notifies the other parties, in writing, of a
          change of
          address:

         

        
          	
                  If
                    to the Company, to:

                	
                  Mobilepro
                    Corp.

                
	 	
                  6701
                    Democracy Blvd., Suite 202

                
	 	
                  Bethesda,
                    MD 20817

                
	 	
                  Attention:
                    Jay Wright, President

                
	 	
                  Telephone:
                    (301) 315-9040

                
	 	
                  Facsimile:
                    (301) 315-9027

                

        

         

        
          
             

          

          
            9

            
              

            

          

          
             

          

        

        
          	 	 
	
                  With
                    a copy to:

                	
                  Seyfarth
                    Shaw LLP

                
	 	
                  815
                    Connecticut Avenue, NW, Suite 500

                
	 	
                  Washington,
                    DC 20006-4004

                
	 	
                  Attention:
                    Ernest
                    M. Stern, Esquire

                
	 	
                  Telephone:
                    (202)
                    828-5360 

                
	 	
                  Facsimile:
                    (202)
                    828-5393 

                
	 	 
	
                  If
                    to the Holder:

                	
                  Cornell
                    Capital Partners, LP

                
	 	
                  101
                    Hudson Street, Suite 3700

                
	 	
                  Jersey
                    City, NJ 07303

                
	 	
                  Attention:
                    Mark
                    Angelo, President

                
	 	
                  Telephone:
                    (201)
                    985-8300

                
	 	
                  Facsimile:
                    (201)
                    985-8266

                
	 	 
	
                  With
                    a copy to:

                	
                  Cornell
                    Capital Partners, LP

                
	 	
                  101
                    Hudson Street - Suite 3700

                
	 	
                  Jersey
                    City, NJ 07302

                
	 	
                  Attention:
                    Troy
                    J. Rillo, Esq.

                
	 	
                  Telephone:
                    (201)
                    985-8300

                
	 	
                  Facsimile:
                    (201)
                    985-8266

                

        

        

        Section
          6.02 Governing
          Law.
          This
          Debenture shall be deemed to be made under and shall be construed in accordance
          with the laws of the State of New Jersey without giving effect to the principles
          of conflict of laws thereof. Each of the parties consents to the jurisdiction
          of
          the U.S. District Court sitting in the District of the State of New Jersey
          or the state courts of the State of New Jersey sitting in Hudson County,
          New
          Jersey in connection with any dispute arising under this Debenture and
          hereby
          waives, to the maximum extent permitted by law, any objection, including
          any
          objection based on forum non conveniens
          to the
          bringing of any such proceeding in such jurisdictions.

        

        Section
          6.03 Severability.
          The
          invalidity of any of the provisions of this Debenture shall not invalidate
          or
          otherwise affect any of the other provisions of this Debenture, which shall
          remain in full force and effect.

        

        Section
          6.04 Entire
          Agreement and Amendments.
          This
          Debenture represents the entire agreement between the parties hereto with
          respect to the subject matter hereof and there are no representations,
          warranties or commitments, except as set forth herein. This Debenture may
          be
          amended only by an instrument in writing executed by the parties
          hereto.

        

        Section
          6.05 Attorneys’
          Fees.
          If the
          Company fails to strictly comply with the terms of this Debenture, then
          the
          Company shall reimburse the Holder promptly for all fees, costs and expenses,
          including, without limitation, attorneys’ fees and expenses incurred by the
          Holder in any action in connection with this Debenture, including, without
          limitation, those incurred: (i) during any workout, attempted workout,
          and/or in
          connection with the rendering of legal advice as to the Holder’s rights,
          remedies and obligations, (ii) collecting any sums which become due to
          the
          Holder, (iii) defending or prosecuting any proceeding or any counterclaim
          to any
          proceeding or appeal; or (iv) the protection, preservation or enforcement
          of any
          rights or remedies of the Holder.

        

        
          
             

          

          
            10

            
              

            

          

          
             

          

           

        

        Section
          6.06 Savings
          Clause.
          If any
          provision of this Debenture is invalid, illegal or unenforceable, the balance
          of
          this Debenture shall remain in effect, and if any provision is inapplicable
          to
          any person or circumstance, it shall nevertheless remain applicable to
          all other
          persons and circumstances. If it shall be found that any interest or other
          amount deemed interest due hereunder shall violate applicable laws governing
          usury, the applicable rate of interest due hereunder shall automatically
          be
          lowered to equal the maximum permitted rate of interest. The Company covenants
          (to the extent that it may lawfully do so) that it shall not at any time
          insist
          upon, plead, or in any manner whatsoever claim or take the benefit or advantage
          of, any stay, extension or usury law or other law which would prohibit
          or
          forgive the Company from paying all or any portion of the principal of
          or
          interest on this Debenture as contemplated herein, wherever enacted, now
          or at
          any time hereafter in force, or which may affect the covenants or the
          performance of this indenture, and the Company (to the extent it may lawfully
          do
          so) hereby expressly waives all benefits or advantage of any such law,
          and
          covenants that it will not, by resort to any such law, hinder, delay or
          impeded
          the execution of any power herein granted to the Holder, but will suffer
          and
          permit the execution of every such as though no such law has been
          enacted.

        

        Section
          6.07 WAIVER
          OF JURY TRIAL.
          THE
          PARTIES HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT
          ANY OF
          THEM MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON
          OR
          ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY TRANSACTION
          DOCUMENT OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER
          VERBAL
          OR WRITTEN) OR ACTIONS OF ANY PARTY. THIS PROVISION IS A MATERIAL INDUCEMENT
          FOR
          THE PARTIES’ ACCEPTANCE OF THIS AGREEMENT.

        

        IN
          WITNESS WHEREOF,
          with
          the intent to be legally bound hereby, the Company as executed this Debenture
          as
          of the date first written above.

        
          	 	 	 
	 	
                  MOBILEPRO
                    CORP.

                
	 
 	 
 	 
 
	 	By:  	/s/
                  Jay
                  Wright
	 	
                  

                  Name:
                    Jay
                    Wright

                
	 	
                  Title:
                    President

                

        

         

        
          
             

          

          
            11

            
              

            

          

          
             

          

        

         

        EXHIBIT
          A

         

        NOTICE
          OF CONVERSION

         

        (To
          be executed by the Holder in order to Convert the
          Debenture)

        

        
          	
                  TO:

                	 

        

        

        The
          undersigned hereby irrevocably elects to convert $__________________
of
          the
          principal amount of the above Debenture into Shares of Common Stock of
          MobilePro
          Corp., according to the conditions stated therein, as of the Conversion
          Date
          written below.

         

        
          	
                  Conversion
                    Date:

                	 
	
                  Applicable
                    Conversion Price:

                	 
	
                  Signature:

                	 
	
                  Name:

                	 
	
                  Address:

                	 
	
                  Amount
                    to be converted:

                	
                  $

                
	
                  Amount
                    of Debenture unconverted:

                	
                  $

                
	
                  Conversion
                    Price per share: 

                	
                  $

                
	
                  Number
                    of shares of Common Stock to be issued:

                	 
	
                  Please
                    issue the shares of Common Stock in the following name and to
                    the
                    following address:

                	 
	
                  Issue
                    to:

                	 
	
                  Authorized
                    Signature:

                	 
	
                  Name:

                	 
	
                  Title:

                	 
	
                  Phone
                    Number:

                	 
	
                  Broker
                    DTC Participant Code:

                	 
	
                  Account
                    Number:

                	 

        

      

       

      
        
        

      

      
        12PAYMENT
      OF DEBT, NOTICE OF CONVERSION AND 

    SUBSCRIPTION
      FOR SHARES

    

    The
      Undersigned, is the holder of promissory note or other debt, payables,
      liabilities or other obligations of Immunotechnology, Inc. (the Company”), a
      Delaware corporation, (the “Liabilities”) in the aggregate amount of $_______
      including principal and interest thereon. 

    

    The
      Undersigned hereby agrees to accept payment in full of the Liabilities by (i)
      the Company’s payment of _________________Dollars ($______ by way of a check
      (the “Cash Payment”), and (ii) the issuance of _________ shares of the Company’s
      common stock (the “Conversion Shares”). The Company anticipates it will effect a
      3-for-1 reverse stock split in the future. The number of shares referred to
      in
      this document is calculated prior to the reverse stock split. This document
      shall serve as a subscription for the Conversion Shares. The conversion of
      the
      Liabilities, except for the Cash Portion of the Liabilities, into the Conversion
      Shares is effective on the Effective Date and the Conversion Shares shall be
      deemed to be issued as of the Effective Date as defined below. The Undersigned
      acknowledges and agrees to the following:

    

    
      	 	
              ·

            	
              The
                Conversion Shares will be issued pursuant to Section 4(2) of the
                Securities Act of 1933, as amended (the “Securities Act”), and will not be
                registered under the Securities Act. The Conversion Shares will be
                restricted securities as that term is defined in Rule 144 of the
                Securities Act.

            

    

    

    
      	 	
              ·

            	
              The
                Undersigned is familiar with the business plan and financial position
                of
                the Company.

            

    

    

    
      	 	
              ·

            	
              The
                Company is an inactive shell corporation, with no operations, limited
                trading activity, and substantial debt. The Company anticipates that
                it
                will complete a reverse merger transaction with Petals Decorative
                Accents,
                LLC, a privately held company. Arc is aware the proposed transaction
                with
                Petals Decorative Accents, LLC may not be
                consummated.

            

    

    

    
      	 	
              ·

            	
              The
                Undersigned is familiar with the business plan and financial position
                of
                Petals Decorative Accents, LLC.

            

    

    

    
      	 	
              ·

            	
              The
                Undersigned is acquiring the Conversion Shares for its own account,
                and
                not with a view to, or for sale in connection with, any distribution
                of
                such shares, and not with any present intention of selling, offering
                to
                sell, or otherwise disposing of the Conversion Shares in any transaction
                other than a transaction exempt from registration under the Securities
                Act.

            

    

    

    
      	 	
              ·

            	
              The
                Undersigned has such knowledge and experience in financial and business
                matters that Arc is capable of evaluating the merits and risks of
                an
                investment in the Company, and protecting Arc’s own interests in
                connection with the transaction.

            

    

    

    
      	 	
              ·

            	
              The
                Undersigned realizes that the purchase of the Conversion Shares will
                be a
                highly speculative investment that involves substantial risk. The
                Undersigned has carefully considered such risks prior to making a
                decision
                to acquire the Conversion Shares. The undersigned is able, without
                impairing the undersigned’s financial condition, to hold such shares for
                an indefinite period of time and to suffer a complete
                loss.

            

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	 	
              ·

            	
              The
                Undersigned acknowledges the principal amount of the Liabilities,
                all
                accrued interest thereon, and all obligations under the Liabilities,
                or
                related to the Liabilities, or any other obligation of the Company
                to The
                Undersigned shall be deemed paid in full, and the Liabilities shall
                be of
                no further force or effect, and the Company shall have no further
                obligation to The Undersigned for any matter upon the delivery of
                the Cash
                Payment and the delivery of the share certificate evidencing the
                Conversion Shares. 

            

    

    

    
      	 	
              ·

            	
              The
                Undersigned shall immediately deliver the Liabilities to the Company
                in
                exchange for certificates evidencing the Conversion
                Shares.

            

    

     

     

    
      	Effective Date: June __,
              2006	
              By________________________________

              Its
                ________________________________

              

              Address:   ___________________________

              ___________________________

            

    

     

    ACCEPTANCE
      AND ACKNOWLEDGEMENT

    

    Mark
      A.
      Scharmann, president of the Company, and on behalf of the Company,

    

    
      	 	
              ·

            	
              hereby
                agrees to cause the Company to make the Cash Payment to the above
                referenced party, as a payment against the outstanding Liabilities
                balance
                within ____ days from the date set forth
                below;

            

    

    

    
      	 	
              ·

            	
              hereby
                accepts the conversion of the balance of the Liabilities into the
                Conversion Shares; 

            

    

    

    
      	 	
              ·

            	
              hereby
                accepts the subscription of above referenced party for such Conversion
                Shares effective immediately. 

            

    

    

    
      	 	
              ·

            	
              shall
                cause certificates for the Conversion Shares to be issued in the
                name of
                above referenced party immediately;

            

    

    

    
      	 	
              ·

            	
              and
                will deliver such share certificates to above referenced party upon
                the
                Company’s receipt of the Liabilities.

            

    

     

    
      	Date: June __, 2006	
              
                Immunotechnology,
                  Inc.,

                a
                  Delaware corporation

                

                

                By
                  /s/
                  Mark A. Scharmann         
                  

                Mark
                  A. Scharmann,
                  President

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