Document:

<PAGE>

                             SUBSCRIPTION AGREEMENT

                           PRIVATE PLACEMENT OF UP TO

              FIVE HUNDRED THOUSAND DOLLARS ($500,000) BRIDGE LOAN

                                HOW TO SUBSCRIBE

        The minimum investment which must be made by any subscriber is $______
in the form of a Note (individually, the "Note" and collectively, the "Notes")
of REIT Americas, Inc. (the "Company"). Subscribers can purchase additional
Notes in excess of the minimum amount of $______. Any qualified subscriber who
wishes to purchase a Note should deliver the following items to the Company, at
2640 N. Swan Road, Suite 300, Tucson, AZ 85712, Attention: James Sellers.

        (1)     one dated and executed copy of the Subscription Agreement with
all blanks properly completed; and

        (2)     a check payable to the order of "REIT Americas, Inc." in the
amount being subscribed for.

<PAGE>

THE NOTE BEING SUBSCRIBED FOR PURSUANT TO THIS SUBSCRIPTION AGREEMENT HAS NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES
LAWS OF ANY STATE. THE NOTE MAY NOT BE SOLD OR OFFERED FOR SALE IN THE ABSENCE
OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE NOTE UNDER THE SECURITIES ACT OF
1933, AS AMENDED, AND SUCH STATE LAWS AS MAY BE APPLICABLE, OR AN OPINION OF
COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.
ADDITIONAL RESTRICTIONS ON TRANSFER OF THE NOTE ARE SET FORTH IN THIS
SUBSCRIPTION AGREEMENT.

                             SUBSCRIPTION AGREEMENT

        SUBSCRIPTION AGREEMENT (the "Agreement") between REIT Americas, Inc., a
Maryland corporation (the "Company"), and the purchaser identified on the
signature page hereto (the "Subscriber").

                                   BACKGROUND

        Subscriber desires to loan, and the Company desires to accept a loan, up
to that amount of loan as set forth in a Promissory Note of even date herewith
between the Subscriber and the Company (the "Note") and as set forth on the
signature page hereto, upon the terms and conditions contained herein.

        NOW, THEREFORE, in consideration of the mutual promises and covenants
contained herein and for the other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties hereto, intending
to be legally bound, agree as follows:

        1.      SUBSCRIPTION FOR NOTE; WARRANTS.

                (a)     Subscriber hereby subscribes for and agrees to loan up
to that amount set forth on the signature page hereto and as contained in the
Note (the "Purchase Price") on the terms and conditions described herein and as
set forth in the form of Note attached hereto as Exhibit C. The Note shall carry
an interest rate of 8% per annum and the interest should be paid quarterly on
each of April 1st, July 1st, October 1st and January 1st until the Maturity Date
(as hereinafter defined), and a final balloon payment of outstanding principal
and all accrued and unpaid interest on the date that is the earlier of (i)
September 30, 2006 or (ii) the closing of a funding under an S-11 Registration
Statement in excess of $2,000,000 (the "Maturity Date"). All other terms shall
be as specified on the Note attached as Exhibit C hereto.

                (b)     Subscriber encloses herewith a check payable to the
order of "REIT Americas, Inc." in an amount equal to the Purchase Price.

                (c)     The Company shall deliver a Warrant to Subscriber
simultaneously with the execution of this Agreement in the form of warrant
attached hereto as Exhibit D. One Warrant will be issued for each one dollar of
the face amount of the Note. The exercise price of the Warrant shall be $.10 per
share and shall have a term that expires on July 30, 2008. The Company shall
also cause to be delivered a Registration Rights Agreement, from the Parent, to
the Subscriber substantially in the form of Exhibit E hereto.

                (d)     By executing this Subscription Agreement, the Subscriber
acknowledges that the Subscriber has been informed of various matters relating
to the Company, including but not limited to, the Risk Factors described herein.

        2.      REPRESENTATIONS AND WARRANTIES AS TO SUITABILITY STANDARDS.

                Subscriber hereby represents and warrants that:

                (a)     Subscriber has such knowledge and experience in
financial and business matters that Subscriber is capable of evaluating the
merits and risks of the prospective investment in the Company and of protecting
his own interests in connection therewith;

                (b)     Subscriber is acquiring the Note for Subscriber's own
account, not on behalf of other persons, and for investment and not with a view
to resale or distribution;

                (c)     Subscriber can bear the economic risk of losing
Subscriber's entire investment;

                (d)     Subscriber's overall commitment to investments which are
not readily marketable is not disproportionate to Subscriber's net worth,
Subscriber's investment in the Note will not cause such overall commitment to
become excessive, and the investment is suitable for Subscriber when viewed in
light of Subscriber's other securities holdings and Subscriber's financial
situation and needs;

                (e)     Subscriber has adequate means of providing for
Subscriber's current needs and personal contingencies;

                (f)     Subscriber recognizes that the Company is newly formed
and that any investment in the Company involves substantial risk, and Subscriber
has evaluated and fully understands all risks in Subscriber's decision to
purchase Note hereunder, including, without limitation, the Risk Factors set
forth on Exhibit "A" attached hereto;

                (g)     Subscriber understands that the offer and sale of the
Securities have not been submitted to, reviewed by, nor have the merits of this
investment been endorsed or approved by any state or federal agency, commission,
authority or self regulatory organization;

                (h)     Subscriber understands the business in which the Company
is engaged;

                (i)     If Subscriber is an individual, Subscriber is at least
18 years of age and a bona fide resident and domiciliary (not a temporary or
transient resident) of the state or country indicated on the signature page
hereof and Subscriber has no present intention of becoming a resident of any
other state or jurisdiction;

                (j)     If Subscriber is not an individual, Subscriber is
domiciled in the state or country indicated on the signature page hereof, has no
present intention of becoming domiciled in any other state or jurisdiction and
is an "Institutional Investor" as defined under the "blue sky" or securities
laws or regulations of the state in which it is domiciled; and;

                (k)     Subscriber otherwise meets any special suitability
standards applicable to Subscriber's state or country of residence or domicile.

                                      -2-
<PAGE>

                (l)     Subscriber is an "Accredited Investor" as such term is
defined in Rule 501 of Regulation D under the Securities Act of 1993, as amended
(the "Securities Act"), which definition is set forth on Exhibit "B" attached
hereto.

                (m)     All of the written information pertaining to the
Subscriber which the Subscriber has heretofore furnished to the Company, and all
information pertaining to the Subscriber which is set forth in this Subscription
Agreement, is correct and complete as of the date hereof and, if there should be
any material change in such information hereafter, the Subscriber shall promptly
furnish such revised or corrected information to the Company. Subscriber
otherwise meets any special suitability standards applicable to the Subscriber's
state of residence.

                (n)     Subscriber acknowledges that Dawson James Securities,
Inc. is the placement agent with respect to the sale of securities hereunder and
that Dawson James Securities, Inc. will be compensated as follows: (i) Dawson
James Securities, Inc. shall be paid eight percent (8%) of the total proceeds
resulting from the sale of the Notes, payable at each closing from subscription
proceeds, and (ii) the Company will pay Dawson James Securities, Inc. a
non-accountable expense allowance in the amount of three percent (3%) of the
total proceeds resulting from the sale of the Notes. In addition, the Company
has engaged the services of Dawson James Securities, Inc. as a financial
consultant for a period of twelve months with compensation equal to 100,000
shares of Series A Preferred Stock of the Company, which convert into common
stock of the Company at a ratio of ten shares of common stock for each share of
preferred stock.

        3.      TRANSFER RESTRICTIONS.

                (a)     Subscriber represents that he understands that the sale
or transfer of the Securities (being the Note and Warrant issued hereunder) are
severely restricted and that:

                        (i)     The Securities have not been registered under
the Securities Act or the laws of any other jurisdiction by reason of a specific
exemption or exemptions from registration under the Securities Act and
applicable state securities laws, and that the Company's reliance on such
exemptions is predicated on the accuracy and completeness of the Subscriber's
representations, warranties, acknowledgments and agreements herein. The
Securities cannot be sold or transferred by Subscriber unless subsequently
registered under applicable law or an exemption from registration is available.
The Company is not required to register the Securities or to make any exemption
from registration available;

                        (ii)    The right to sell or transfer any of the
Securities will be restricted as described in this Subscription Agreement which
include restrictions against sale or transfer in violation of applicable
securities laws, the requirement that an opinion of counsel be furnished that
any proposed sale or transfer will not violate such laws and other restrictions
and requirements; and

                        (iii)   There will be no public market for the
Securities and Subscriber may not be able to sell or otherwise transfer the
Securities. Accordingly, the Subscriber must bear the economic risk of
Subscriber's investment for an indefinite period of time.

                (b)     Subscriber agrees that he will not offer to sell, sell
or transfer the Securities or any part thereof or interest therein without
registration under the Securities Act and applicable state securities laws or
without providing to the Company an opinion of counsel acceptable to the Company
that such offer,

                                      -3-
<PAGE>

sale or transfer is exempt from registration under the Securities Act and under
applicable state securities laws.

                (c)     The Subscriber acknowledges that the Securities will
bear the following legend:

                        "The Securities have not been registered under the
                Securities Act of 1933, as amended, or the securities laws of
                any state. The Securities may not be offered, sold, transferred,
                pledged or otherwise disposed of without an effective
                registration statement under the Securities Act of 1933, as
                amended, and under any applicable state securities laws or an
                opinion of counsel for the Company that the proposed transaction
                will be exempt from such registration."

                Subscriber further acknowledges that the Company reserves the
right to place a stop order against the Securities and to refuse to effect any
transfers thereof in the absence of an effective registration statement with
respect to the Securities or in the absence of an opinion of counsel to the
Company that such transfer is exempt from registration under the Securities Act
and under applicable state securities laws.

        4.      SUBSCRIBER'S REPRESENTATIONS AND WARRANTIES.

                Subscriber represents and warrants that:

                (a)     Subscriber has received, has carefully read and
understands the Company's Business Plan;

                (b)     Subscriber has been furnished with all additional
documents and information which Subscriber has requested;

                (c)     Subscriber has had the opportunity to ask questions of
and received answers from the Company concerning the Company, the Note and the
Warrants and to obtain any additional information necessary to verify the
accuracy of the information furnished;

                (d)     Subscriber has relied only on the foregoing information
and documents in determining to make this subscription;

                (e)     The Executive Summary and other information furnished by
the Company do not constitute investment, accounting, legal or tax advice and
Subscriber is relying on professional advisers for such advice;

                (f)     All documents, records and books pertaining to
Subscriber's investment have been made available for inspection by Subscriber
and by Subscriber's attorney, and/or Subscriber's accountant and/or Subscriber's
Subscriber representative, and the relevant books and records of the Company
will be available upon reasonable notice, for inspection by investors during
reasonable business hours at the Company's principal place of business;

                (g)     Subscriber and Subscriber's advisors (which advisors do
not include the Company or its principals, representatives or counsel) have such
knowledge and experience in legal, financial and business matters as to be
capable of evaluating the merits and risks of investing in the Company and of
making an informed investment decision;

                                      -4-
<PAGE>

                (h)     Subscriber understands, acknowledges and agrees that the
Company is relying solely upon the representations and warranties made herein in
determining to sell Subscriber the Note;

                (i)     The Subscriber has not paid or given any commission or
other remuneration in connection with the purchase of the Note. The Subscriber
has not received any public media advertisements and has not been solicited by
any form of mass mailing solicitation; and

                (j)     THE SUBSCRIBER ACKNOWLEDGES THAT THE COMMON STOCK OF THE
COMPANY IS NOT CURRENTLY LISTED OR QUOTED ON THE OTC BULLETIN BOARD, NASDAQ OR
ANY OTHER EXCHANGE AND THAT THE COMPANY WILL USE ITS REASONABLE EFFORTS TO
BECOME SO LISTED AFTER THE DATE HEREOF. THE COMPANY MAKES NO ASSURANCE THAT IT
WILL BECOME LISTED OR QUOTED ON ANY EXCHANGE. AS A RESULT, THERE CAN BE NO
ASSURANCE THAT THE COMMON STOCK UNDERLYING THE WARRANTS BEING DELIVERED TO
SUBSCRIBER PURSUANT TO THIS AGREEMENT WILL EVER BE REGISTERED UNDER THE
REGISTRATION RIGHTS AGREEMENT.

                (k)     The Subscriber understands the meaning and legal
consequences of the foregoing representations and warranties. The Subscriber
certifies that each of the foregoing representations and warranties is true and
correct as of the date hereof and shall survive the execution hereof and the
purchase of the Note.

        5.      SUBSCRIPTION IRREVOCABLE BY SUBSCRIBER BUT SUBJECT TO ACCEPTANCE
                OR REJECTION BY THE COMPANY.

                (a)     This Subscription Agreement is not, and shall not be,
revocable by Subscriber.

                (b)     The Company, in its sole discretion, has the right to
terminate or withdraw the offering at any time, to accept or reject
subscriptions in other than the order in which they were received, to reject any
subscription in whole or in part, to allot to Subscriber less than the amount of
Note subscribed for, and to return without interest the amount paid by
Subscriber.

                (c)     The Subscriber understands and agrees that this
Subscription Agreement is not binding upon the Company until the Company accepts
it, which acceptance is at the sole discretion of the Company and is to be
evidenced by the Company's completion, execution and delivery of this
Subscription Agreement.

                (d)     In the event of rejection of this subscription in whole
(but not in part), or in the event the sale of the Note subscribed for by the
Subscriber is not consummated by the Company for any reason (in which event this
Subscription Agreement shall be deemed to be rejected), this Subscription
Agreement and any other agreement entered into between the Subscriber and the
Company relating to this subscription shall thereafter have no force or effect
and the Company shall promptly cause to be returned to the Subscriber the
Purchase Price remitted by the Subscriber, without interest thereon or deduction
therefrom. In the event that this subscription is accepted in part, the Company
shall promptly cause to be returned to the Subscriber that portion of the
Purchase Price remitted by the Subscriber which represents payment for the Note
for which this subscription was not accepted, without interest thereon or
deduction therefrom.

                                      -5-
<PAGE>

        6.      INDEMNIFICATION AND HOLD HARMLESS.

                The Subscriber agrees that if the Subscriber breaches any
agreement, representation or warranty the Subscriber has made in this
Subscription Agreement, the Subscriber agrees to indemnify and hold harmless the
Company and its directors, officers, employees, shareholders, financial
advisors, attorneys and accountants against any claim, liability, loss, damage
or expense (including, without limitation, attorneys' fees and other costs of
investigating and litigating claims) caused, directly or indirectly, by the
Subscriber's breach.

        7.      MISCELLANEOUS.

                (a)     This Subscription Agreement states the entire
understanding between the parties with respect to the subject matter hereof, and
supersedes all prior oral and written communications and agreements, and all
contemporaneous oral communications and agreements, with respect to the subject
matter hereof. The Company's Executive Summary is not part of this Subscription
Agreement and is subject to change as circumstances require.

                (b)     This Subscription Agreement, upon acceptance by the
Company, shall bind, benefit, and be enforceable by and against each party
hereto and its successors, assigns, heirs administrators and executors. This
Subscription Agreement is not transferable or assignable by the Subscriber. The
agreements, representations and warranties contained herein shall be deemed to
be made by and be binding upon the Subscriber and such Subscriber's heirs,
executors, administrators, other personal representatives, and their respective
successors and permitted assigns.

                (c)     If any provision of this Subscription Agreement is
construed to be invalid, illegal or unenforceable, then the remaining provisions
hereof shall not be affected thereby and shall be enforceable without regard
thereto.

                (d)     Article and section headings in this Subscription
Agreement are for convenience of reference only, do not constitute a part of
this Subscription Agreement, and shall not affect its interpretation.

                (e)     Words used in this Subscription Agreement shall be
construed to be of such number and gender as the context requires or permits.
Unless a particular context clearly provides otherwise, the words "hereof" and
"hereunder" and similar references refer to this Subscription Agreement in its
entirety and not to any specific Section or subsection.

                (f)     THIS SUBSCRIPTION AGREEMENT IS MADE UNDER, AND SHALL BE
CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE,
APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED SOLELY THEREIN, WITHOUT GIVING
EFFECT TO PRINCIPLES OF CONFLICTS OF LAW.

                (g)     Any notice, demand or other communication which any
party hereto may be required, or may elect, to give to anyone interested
hereunder shall be sufficiently given if (a) deposited, postage prepaid, in a
United States mail letter box, registered or certified mail, return receipt
requested, addressed to such address as may be given herein, or (b) delivered
personally at such address. Notices to the Company shall be addressed to the
Company at 2960 N. Swan Road, Suite 300, Tucson, AZ 85712, Attention: James
Sellers

                                      -6-
<PAGE>

                (h)     This Subscription Agreement may be executed through the
use of separate signature pages or in any number of counterparts, and each of
such counterparts shall, for all purposes, constitute one agreement binding on
all parties, notwithstanding that all parties are not signatories to the same
counterpart.

                                      -7-
<PAGE>

        IN WITNESS WHEREOF, the parties hereto have executed and delivered this
Subscription Agreement on the date set forth below.

Print Name of Subscriber(s)

                                      Subscription: I hereby subscribe for, and
-------------------------------       agree to purchase a Note for a Purchase
Signature(s)                          Price of $________.

Residence/Domicile:

Street Number and Street

City/State/Zip Code

-------------------------------
Country

Telephone Number

Social Security/Taxpayer
Identification Number(s)

        The Company hereby accepts the foregoing subscription for $________ of a
Note as of September __ , 2005.

                                        By:
                                           -------------------------------

                                      -8-
<<PAGE>

                   FINANCIAL ADVISORY AND CONSULTING AGREEMENT

        This Consulting Agreement ("Agreement") is made and entered into as of
August 2005 between REIT Americas, Inc., 2960 N. Swan Rd., Suite 300, Tucson AZ
85712 (the "Company"), and Dawson James Securities, Inc., a Florida Corporation,
925 South Federal Highway, 6th Floor, Boca Raton, FL 33432 (the "Consultant").

        In consideration of and for the mutual promises and covenants contained
herein, and for other good and valuable consideration (the receipt of which is
hereby acknowledged) the parties hereto mutually agree and intend to be legally
bound to the terms of this Agreement as follows:

        1.      PURPOSE. The Company hereby retains the Consultant during the
term specified to render consulting advice to the Company relating to financial
advisory services as set forth in Section 3 below, investment banking and
merger/acquisition matters, upon the terms and conditions as set forth herein.

        2.      TERMS AND CONSIDERATION.

                (a)     The term of this Agreement shall be for a period of
twelve (12) months commencing from the Effective Date of this Agreement (the
"Engagement Period"), unless extended by mutual written agreement of the Company
and the Consultant. The Company shall pay Consultant as follows: (i) the Company
shall deliver to Consultant a stock certificate at Closing in the amount of
100,000 shares of Series A Preferred Stock of the Company (the "CONSULTANT'S
SECURITIES") upon execution of this Agreement. The terms of the Series A
Preferred Stock are as set forth in the Certificate of Designation attached
hereto as Exhibit B. The Company hereby grants piggyback registration rights to
the Consultant with respect to all of the Consultant's Securities delivered
hereunder as specified in Section 4 below.

                (b)     The Effective Date of the Agreement shall be July 30,
2005. The Agreement shall be executed by the parties on the date of the
Agreement, and delivered to the Consultant on or before the Effective Date of
the Agreement.

                (c)     The Company shall promptly make available to Consultant
all documents, financial reports, news releases, and other information related
to the Company's' affairs. The following shall be included in such documents (i)
all articles of incorporation and amendments (ii) bylaws and amendments, (iii)
minutes of all the Company's Incorporators, directors, and shareholders'
meetings, (iv) all financial statements, (v) correct copies of any material
contracts, leases and arrangements to which the Company is a party and (vi) such
other documents as shall be requested by Consultants or its counsel. In
addition, the Company shall promptly notify Consultant of any event which might
have a material effect on the financial condition or business of the Company.
Prior to the completion of the offering described in Section 3(a) hereof,
Consultant must be satisfied in its sole discretion as to the following: (i) due
diligence on the Company's business, officers, directors; (ii) the proposed use
of proceeds; and (iii) the form of the Offering documents.

                                       1
<PAGE>

        3.      FINANCIAL ADVISORY SERVICES OF CONSULTANT. Consultant, based on
its review of the Company to date, believes that it may assist the Company by
performing the financial advisory services that are listed below and Consultant
shall be limited to providing only those such financial advisory services to the
Company. In connection with Consultant providing such financial advisory
services to the Company, the Company shall provide Consultant with any
information reasonably available to the Company that Consultant deems
appropriate. The Company hereby acknowledges that Consultant will be using and
relying on said information without independent verification and that Consultant
assumes no responsibility for the accuracy and completeness of any information
provided to it by the Company. In performance of these duties, the Consultant
shall provide the Company with the benefits of its best judgment and efforts. It
is understood and acknowledged by the parties that the value of the Consultant's
advice is not measurable in any quantitative manner, and that the Consultant
shall not be obligated to spend any specific amount of time performing its
duties hereunder. The Consultant shall use its commercially reasonable efforts
to perform the following services:

                (a)     The Consultant will endeavor to sell on the Company's
behalf, an offering that consists of the Company's 8% Convertible Promissory
Notes due July 30, 2006 in the amount of $100,000 (the "NOTES"). The Note,
together with the Warrants issued pursuant to this Agreement are collectively
referred to as the "SECURITIES." The closing on the Notes shall be no later than
August 25, 2005 (the "CLOSING"). The Notes shall be in substantially the form of
Exhibit A to this Agreement. For each dollar principal amount of Note purchased,
the Company will issue to any subscriber contemporaneously with the issuance of
the Note:

                        (i)     A common stock purchase warrant (the "WARRANT"
and, collectively, the "WARRANTS") to purchase one share of common stock for
each dollar principal amount of Note purchased. The exercise price of the
Warrant shall be $.10 per share. The Warrants, which shall expire on July 30,
2008, shall be in substantially the form of Exhibit B to this Agreement.

        The Offering will be conducted pursuant to Rule 506 of Regulation D
promulgated under Section 4(2) of the Securities Act of 1933, as amended (the
"Act"), and remains subject to our completion of due diligence on the Company
and our satisfaction of the results thereof.

                (b)     Assist the Company in raising approximately $2,000,000
in new capital either in the form of Series B Preferred Stock or some other form
of securities acceptable to both the Company and the Consultant, for which
Consultant would receive additional compensation as is standard in placement
agent agreements.

                (c)     Assist the Company in its efforts to file an S-11
registration statement with the Securities and Exchange Commission for a public
offering not to be less than $200,000,000, for which Consultant, if it chose to
participate as a placement agent would receive additional compensation as is
standard in placement agent agreements.

                                       2
<PAGE>

                (d)     Providing Company exposure to the investment community
at large through the dissemination of non-confidential information with the
prior written approval of the company.

                (e)     Assisting in the Company's financial public relations,
by participating in discussions with the Company and the financial community
with the company's approval.

                (f)     Advising the Company about its financial structure and
that of its divisions or subsidiaries or any of its projects, as such relate to
the public market for the Company's equity securities.

                (g)     Advising the Company on the public market for Company's
securities and the timing and structure of any future public offering or private
placement of its equity securities.

Should the Company desire Consultant to provide any financial advisory
service(s) or investment banking services not listed above, the Company and
Consultant shall enter into an additional engagement letter to be executed by
the parties hereto at the commencement of the additional financial advisory
service(s) to be rendered by Consultant. Should the Company do any acquisition,
merger or joint venture (the "Transaction") which is sourced through the
Consultant, then Company shall pay to the Consultant in addition to all
compensation listed in Section 2 hereof, a sum equal to 5% of the gross purchase
price of the Transaction.

        4.      COVENANTS OF THE COMPANY.

                (a)     The Company agrees that for a period of twelve months
from the date hereof, it shall exclusively use the investment banking services
of Consultant. Should the Consultant perform any services related to raising
equity capital or debt on behalf of the company, the Company will execute the
Consultant's standard Selling Agreement related to any such offering, which
shall include a commission to Consultant and warrant coverage as is standard for
the Consultant, in addition to any other fees as may be set forth herein.

                (b)     If (but without any obligation to do so) at any time
during the two (2) year period commencing on the issue date of the Securities,
the Company proposes to register any of its securities in connection with the
public offering of such securities solely for cash (other than a registration on
Form S-4, Form S-8 or any form which does not include substantially the same
information as would be required to be included in a registration statement
covering the sale of the Registrable Securities), the Company shall, each such
time, promptly give the Consultant written notice of such registration. Upon the
written request of the Consultant given within twenty (20) days after receipt of
such written notice from the Company, the Company shall cause to be registered
all of the Registrable Securities that the Consultant has requested to be
registered; and provided further, however, that the Registrable Securities shall
be subject to restrictions on transfer for forty-five (45) days after the
effective date of the subject registration statement.

                                       3
<PAGE>

                (c)     The Company will use its best efforts to qualify
(blue-sky) the securities in such states as may be selected by Consultant. The
Company shall be responsible for the cost, inclusive of legal and filing fees,
of all blue-sky filings.

                (d)     For a period of twelve months from the date hereof, the
Company shall not issue any securities, or instruments convertible into
securities, without the consent of the Consultant, which consent shall not be
unreasonably withheld. Notwithstanding the foregoing, the Company shall not
require the consent of the Consultant to issue securities in the following
events: (i) as a result of the exercise of options or warrants or conversion of
convertible notes or amounts which are granted, issued or accrue pursuant to
this Agreement or are otherwise outstanding on the date of this Agreement, (ii)
any options or warrants granted subsequent to the date hereof to employees or
managers of the Company, so long as such grants shall not exceed 10% of the
total outstanding shares of the Company, (iii) full or partial consideration in
connection with a strategic merger, consolidation or purchase of substantially
all of the securities or assets of a third party corporation or other entity,
(iv) the Company's issuance of securities in connection with the raising of
capital pursuant to the planned Series B Preferred Stock or S-11 registration
statement offerings, or (v) the Company's issuance of securities as required
under this Agreement.

                (e)     Board Representation. The Company shall provide
Consultant seats on the board of directors as follows: (i) Consultant shall have
two board seats immediately after the execution of this Agreement and the
Company will take all action necessary and appropriate to appoint two members to
the board as determined by the Consultant, and (ii) the Consultant shall be
provided with two additional board seats at a time to be mutually determined
between the Company and the Consultant not to exceed the earlier of the
occurrence of the events specified in Sections 3(b) and (c). The Company will
not increase the number of board seats between the date hereof and the date upon
which the Consultant's four board members are officially appointed.

        5.      CONSULTANT'S RELATIONSHIPS WITH OTHERS. The Company acknowledges
that the Consultant or its affiliates is in the business of providing financial,
investment banking and merger/acquisition services and consulting advice (of all
types contemplated by this Agreement) to others.

        6.      CONFIDENTIAL INFORMATION. In connection with the rendering of
services hereunder, Consultant has been or will be furnished with confidential
information concerning the Company including, but not limited to, financial
statements and information, cost and expense data, production data, trade
secrets, marketing and customer data, and such other information not generally
obtained from public or published information or trade sources. Such information
shall be deemed "Confidential Material" and, except as specifically provided
herein, shall not be disclosed by Consultant without prior written consent of
the Company. In the event Consultant is required by applicable law or legal
process to disclose any of the Confidential Material, it is agreed that
Consultant will deliver to the Company prompt notice of such requirement prior
to disclosure of same to permit the Company to seek an appropriate protective
order and/or waive compliance of this provision. If, in the absence of a
protective order or receipt of written waiver, Consultant is nonetheless, in the
written opinion of counsel, compelled to disclose any Confidential Material,
Consultant may do so without liability hereunder provided that notice of

                                       4
<PAGE>

such prospective disclosure is delivered to the Company prior to actual
disclosure. Following the termination of this Agreement and a written request by
the Company, Consultant shall deliver to the Company all Confidential Material.
This provision shall survive the termination of this Agreement for any reason.

        7.      CONSULTANT'S LIABILITY & INDEMNIFICATION OF CONSULTANT BY
COMPANY.

                (a)     In the absence of gross negligence or willful misconduct
on the part of Consultant or Consultant's material breach of this Agreement,
Consultant shall not be liable to the Company or to any officer, director,
employee, agent, representative, stockholder or creditor of the Company for any
action or omission of Consultant or any of its officers, directors, employees,
agents, representatives or stockholders in the course of, or in connection with,
rendering or performing any services hereunder.

        8.      TERMINATION. This Agreement may be terminated at any time during
the Engagement Period by Consultant upon five (5) days prior written notice to
the Company, in the event that Consultant becomes aware of (i) any change in the
business or operations of the Company which Consultant reasonably believes may
adversely affect Consultant's ability to render the services contemplated
hereunder, (ii) any material misrepresentation by the Company with respect to
the business operations, assets, condition (financial or otherwise), results of
operations or prospects of the Company, or (iii) any breach by the Company of
its obligations under this Agreement, which remain uncured for a period of
fifteen days after written notice of the breach is provided to the Company.

        This Agreement may be terminated by Company only in the event of a
material breach by Consultant of its obligations hereunder, which breach remains
uncured for a period of fifteen days after written notice of the breach is
provided to Consultant.

        In the event of termination (i) this Agreement shall become void,
without liability on the part of either party or their affiliates, directors,
officers or stockholders except as set forth in Section 7(a) above, and (ii)
Consultant shall be entitled to expenses it has incurred pursuant to this
Agreement up to the date of such termination; and (iii) all provisions contained
in section 6 above survive the termination.

        9.      EXPENSES. The Company, subject to prior written approval by the
Company for any amount in excess of $500, and upon receipt of appropriate
supporting documentation, shall reimburse the Consultant and/or any other party
retained by the Consultant, for any and all reasonable out-of-pocket expenses
incurred in connection with services provided to the Company including but not
limited to legal, travel, lodging and meals, entertainment, postage,
photocopying and long distance telephone expenses. The Company shall reimburse
the Consultant within 15 days of receipt of supporting documentation. The
Company hereby acknowledges that unless otherwise specifically stated herein,
that neither Consultant, nor its directors, employees or agents is responsible
for any fees or commissions payable now or in the future to any finder or to any
other financial or other advisor utilized or retained by the

                                       5
<PAGE>

Company. The Consultant acknowledges that as of the date of this Agreement, the
Consultant is not due any funds from the Company.

        10.     SALES OR DISTRIBUTIONS OF SECURITIES. If the Consultant assists
the Company in the sale or distribution of securities, the Consultant shall
receive fees and other forms of compensation as agreed to by the Company and the
Consultant. Such public offering or private placement, undertaken by the
Consultant on behalf of the Company, shall be subject to an additional agreement
to be executed by the parties hereto at such time as is appropriate.

        11.     LIMITATION UPON THE USE OF ADVICE AND SERVICES.

                (a)     No person or entity, other than the Company or any of
its subsidiaries or directors or officers of each of the foregoing, shall be
entitled to make use of or rely upon the advice of the Consultant to be given
hereunder, and the Company shall not transmit such advice to, or encourage or
facilitate the use or reliance upon such advice by others without the prior
consent of the Consultant.

                (b)     Company hereby acknowledges that Consultant, for
services rendered under this Agreement, makes no commitment whatsoever to
recommend or advise its clients to purchase the securities of the Company.
Research reports that may be prepared by Consultant will, when and if prepared,
be based solely on the merits, and independent judgment of analysts of the
Consultant.

                (c)     Company hereby acknowledges that Consultant, for
services rendered under this Agreement, makes no commitment whatsoever to make a
market in any of the Company's securities on any stock exchange or in any
electronic marketplace. Any decision by Consultant to make a market in any of
the Company's securities shall be based solely on the independent judgment of
Consultant's traders and related supervisory personnel.

                (d)     Use of the Consultant's name in annual reports or any
other report of the Company or releases by the Company require the prior
approval of the Consultant unless the Company is required by law to include
Consultant's name in such annual reports, other report or release of the
Company, in which event the Company shall furnish to Consultant copies of such
annual reports or other reports or releases using Consultant's name in advance
of publication by the Company, its affiliates or assigns.

        12.     DISCRETION. Nothing contained herein shall require the Company
to enter into any transaction presented to it by Consultant, which decision
shall be at the Company's sole discretion.

        13.     SEVERABILITY. Any term or provision of this Agreement which is
invalid or unenforceable in any jurisdiction shall, as to that jurisdiction, be
ineffective to the extent of such invalidity or unenforceability without
rendering invalid or unenforceable the remaining terms and provisions of this
Agreement or affecting the validity or enforceability of any of the terms or

                                       6
<PAGE>

provisions of this Agreement in any other jurisdiction. If any provision of this
Agreement is so broad as to be unenforceable, the provision shall be interpreted
to be only so broad as is enforceable.

        14.     MISCELLANEOUS

                (a)     Any notice or other communication between parties hereto
shall be sufficiently given if sent by certified or registered mail, postage
prepaid, or faxed and confirmed if to the Company, addressed to the Company at
the address listed in the Preamble or if to the Consultant, addressed to Robert
D. Keyser, Dawson James Securities, 925 South Federal Highway, 6th Floor, Boca
Raton, FL 33432. Such notice or other communication shall be deemed to be given
on the date of receipt.

                (b)     If the Consultant shall cease to do business, the
provisions hereof relating to duties of the Consultant and compensation by the
Company as it applies to the Consultant shall thereupon cease to be in effect.

                (c)     This Agreement embodies the entire agreement and
understanding between the Company and the Consultant and supersedes any and all
negotiations, prior discussions and preliminary and prior agreements and
understandings related to the central subject matter hereof.

                (d)     This agreement has been duly authorized, executed and
delivered by and on behalf of the Company and the Consultant.

                (e)     This Agreement shall be construed and interpreted in
accordance with the laws of the State of Florida, without giving effect to its
rules regarding conflicts of laws. Any actions or controversies arising
hereunder shall be adjudicated in Palm Beach County Florida, and each party
hereby consents to exclusive jurisdiction of the state and federal courts
located in Palm Beach County, Florida.

                (f)     There is no relationship of partnership, agency,
employment, franchise or joint venture between the parties. Neither party has
the authority to bind the other or incur any obligation on its behalf.

                (g)     The Company hereby acknowledges that Consultant is not a
fiduciary of the Company and that Consultant makes no representations or
warranties regarding Company's ability to secure financing, whether now or in
the future.

                (h)     This Agreement and the rights hereunder may not be
assigned by Company without the prior written consent of Consultant. This
Agreement may not be assigned by Consultant, in whole of in part, without prior
consent of Company. This Agreement shall be binding upon and inure to the
benefit of the parties and their respective successors, assigns and legal
representatives.

                                       7
<PAGE>

                (i)     This Agreement may be signed in counterparts, and all of
such counterparts shall be considered as a single document

        IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date hereof.

REIT AMERICAS, INC.

/s/ F. Dale Markham
--------------------------------------
Name: Dale Markham
Title: Chairman

DAWSON JAMES SECURITIES, Inc.

/s/ Robert D. Keyser
--------------------------------------
Name: Robert D. Keyser
Title: Chief Executive Officer

                                       8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]