Document:

CERTIFICATE OF DESIGNATIONS, PREFERENCES AND RIGHTS OF
                      SERIES B CONVERTIBLE PREFERRED STOCK
                                OF MODAVOX, INC.

MODAVOX, INC., a corporation organized and existing under the laws of the State
of Delaware (the "Corporation"), DOES HEREBY CERTIFY THAT:

Pursuant to authority conferred upon the Board of Directors (the "Board") by the
Amended and Restated Certificate of Incorporation of the Corporation, as amended
(the "Certificate of Incorporation") and pursuant to the provisions of the
Delaware General Corporation Law, the Board, pursuant to a unanimous written
consent effective as of February 27, 2006, adopted the following resolution
providing for the designations, preferences and relative, participating,
optional and other rights, and the qualifications, limitations and restrictions,
of the Series B Convertible Preferred Stock:

      WHEREAS, the Certificate of Incorporation provides for two classes of
      shares known as common stock, $0.0001 par value per share (the "Common
      Stock"), and preferred stock, $0.0001 par value per share (the "Preferred
      Stock"); and

      WHEREAS, the Board is authorized by the Certificate of Incorporation to
      provide for the issuance of the shares of Preferred Stock in series, and
      by filing a certificate pursuant to the applicable law of the State of
      Delaware, to establish from time to time the number of shares to be
      included in such Series Bnd to fix the designations, preferences and
      rights of the shares of each such Series Bnd the qualifications,
      limitations and restrictions thereof.

      NOW, THEREFORE, BE IT RESOLVED, that the Board deems it advisable to, and
      hereby does, designate a Series B Convertible Preferred Stock and fixes
      and determines the preferences, rights, qualifications, limitations and
      restrictions relating to the Series B Convertible Preferred Stock as
      follows:

            1. DEFINITIONS. For purposes of this Certificate of Designation, the
      following terms shall have the following meanings:

                  (a) "CLOSING PRICE(S)" means, for any security as of any date,
            the greater of (i) the closing ask price and closing bid price of
            such security on the principal securities exchange or trading market
            where such security is listed or traded as reported by Bloomberg
            Financial Markets or a comparable reporting service of national
            reputation selected by the Corporation and reasonably acceptable to
            holders of a majority of the then outstanding shares of Series B
            Stock if Bloomberg Financial Markets is not then reporting Closing
            Prices of such security (collectively, "Bloomberg"), or (ii) the
            last reported closing sale price of such security in the
            over-the-counter market on the electronic bulletin board for such
            security as reported by Bloomberg or a comparable reporting service
            of national reputation selected by the Corporation and reasonably
            acceptable to holders of a majority of the then outstanding shares
            of Series B Stock if Bloomberg Financial Markets is not then
            reporting closing sale prices of such security.
<PAGE>

                  (b) "CONVERSION DATE" means, for any conversion of the Series
            B Stock into Common Stock, the date specified in the notice of
            conversion in the form attached hereto (the "Notice of Conversion"),
            so long as the copy of the Notice of Conversion is faxed (or
            delivered by other means resulting in notice) to the Corporation
            before 11:59 p.m., Arizona time, on the Conversion Date indicated in
            the Notice of Conversion. If the Notice of Conversion is not so
            faxed or otherwise delivered before such time, then the Conversion
            Date shall be the date the holder faxes or otherwise delivers the
            Notice of Conversion to the Corporation.

                  (c) "CONVERSION PRICE" means Fixed Conversion Price or the
            Variable Conversion Price, as the case may be, in effect as of such
            date and subject to adjustment as provided herein.

                  (d) "FIXED CONVERSION PRICE" means US twenty-five cents
            ($0.25) per share, and shall be the sole conversion price in effect
            until one (1) year after the issuance date.

                  (e) "FIRST CONVERSION DATE" means the earliest of (i) the
            360th day following the Issuance Date or (ii) the date that the
            Corporation receives net cash proceeds of any equity of quasi-equity
            (e.g. preferred or convertible preferred stock) financing exceeding
            two million dollars ($2,000,000) that allows the Corporation to
            redeem all or a portion of the Series B Stock.

                  (e) "ISSUANCE DATE" means the date of the closing under the
            Agreement and Plan of Reorganization by and among the Corporation
            and Kino Interactive Group, LLC with respect to the initial issuance
            of the Series B Stock (the "Agreement and Plan of Reorganization").

                  (f) "VARIABLE CONVERSION PRICE" means the average of the
            Closing Prices for the Common Stock during the twenty (20)
            consecutive trading days immediately preceding such date of
            determination but at no time less than US US twenty-five cents
            ($0.25) per share being the minimum conversion price and at no time
            more than US one dollar ($1.00) per share being the maximum
            conversion price. There will be no Variable Conversion Price until
            the First Conversion Date has passed.

            2. DESIGNATION. The shares of such series of Preferred Stock shall
      be designated "Series B Convertible Preferred Stock" (the "Series B
      Stock").

                                       2
<PAGE>

            3. AUTHORIZED NUMBER. The authorized number of shares constituting
      the Series B Stock shall be two million (2,000,000).

            4. LIQUIDATION.

                  (a) LIQUIDATION PROCEDURE. Upon any liquidation, dissolution
            or winding up of the Corporation, whether voluntary or involuntary,
            the holders of shares of Series B Stock shall be entitled, before
            any distribution or payment is made upon any junior securities, to
            be paid an amount equal to US twenty-five cents ($0.25) per share of
            Series B Stock, representing the liquidation preference per share of
            the Series B Stock (as adjusted for any combinations, divisions or
            similar recapitalizations affecting the shares of Series B Stock)
            (the "Liquidation Payments"). If upon any liquidation, dissolution
            or winding up of the Corporation, whether voluntary or involuntary,
            the assets to be distributed among the holders of shares of Series B
            Stock and securities pari passu with the Series B Stock ("Parity
            Securities") shall be insufficient to permit payment in full to the
            holders of shares of Series B Stock and any Parity Securities of the
            distributions to which they are entitled, then the holders of all
            such securities shall share ratably in such distribution of assets
            in accordance with the amount which would be payable on such
            distribution if the amounts to which the holders of outstanding
            shares of Series B Stock and Parity Securities are entitled were
            paid in full. A consolidation or merger of the Corporation with or
            into any other corporation or corporations or other entity (other
            than a merger in which the Corporation is the survivor and the
            stockholders of the Corporation prior to such merger own more than a
            majority of the voting securities of the Corporation following such
            merger), a transaction or a series of related transactions in which
            the stockholders of the Corporation transfer a majority of the
            voting securities of the Corporation to any person or a sale, lease
            or transfer of all or substantially all of the assets of the
            Corporation shall be deemed to be a liquidation, dissolution, or
            winding up of the Corporation as those terms are used in this
            Section 4; provided, however, that no such consolidation, merger,
            transaction or series of related transactions that is approved by a
            vote pursuant to Section 6 hereof shall be deemed to be a
            liquidation, dissolution or winding up of the Corporation. The
            Corporation shall provide to holders of shares of Series B Stock
            thirty (30) days' prior written notice of any such sale, conveyance,
            exchange, transfer, consolidation or merger.

                  (b) REMAINING ASSETS. Upon any liquidation, dissolution or
            winding up of the Corporation, whether voluntary or involuntary,
            after the holders of shares of Series B Stock shall have been paid
            in full the Liquidation Payments, the remaining assets of the
            Corporation may be distributed ratably per share in order of
            preference to the holders of junior securities in accordance with
            their respective terms.

                                       3
<PAGE>

                  (c) NOTICE OF LIQUIDATION. Written notice of a liquidation,
            dissolution or winding up of the Corporation, whether voluntary or
            involuntary, stating a payment date, the amount of the Liquidation
            Payments and the place where said Liquidation Payments shall be
            payable, shall be given by mail, postage prepaid, not less than
            thirty (30) days prior to the payment date stated therein, to each
            holder of record of shares of Series B Stock at his post office
            addresses as shown by the records of the Corporation.

                  (d) FRACTIONAL SHARES. The Liquidation Payments with respect
            to each outstanding fractional share of Series B Stock shall be
            equal to a ratably proportionate amount of the Liquidation Payments
            with respect to each outstanding share of Series B Stock.

            5. CONVERSION. The holders of shares of Series B Stock shall have
      the following conversion rights:

                  (a) CONVERSION. Subject to the limitations set forth below,
            each share of the Series B Stock shall be convertible at any time
            after the First Conversion Date in whole but not in part, unless
            previously redeemed, at the option of the holder of record thereof,
            into the number of fully paid and nonassessable shares of Common
            Stock equal to the quotient obtained by dividing (i) the quotient
            obtained by dividing (A) the aggregate Liquidation Payments of the
            shares of Series B Stock being converted by (B) the Conversion Price
            by (ii) four (4), upon surrender to the Corporation or its transfer
            agent of the certificate or certificates representing the Series B
            Stock to be converted, as provided below, or if the holder notifies
            the Corporation or its transfer agent that such certificate or
            certificates have been lost, stolen or destroyed, upon the execution
            and delivery of an agreement satisfactory to the Corporation to
            indemnify the Corporation from any losses incurred by it in
            connection therewith. The conversion rights herein provided shall be
            apportioned ratably among the holders of the Series B Stock in
            proportion to the number of shares of Series B Stock owned by such
            holders.

                  (b) CONVERTED SHARES. Any shares of Series B Stock which have
            been converted shall be cancelled and all dividends on converted
            shares of Series B Stock shall cease to accrue and the certificates
            representing shares of Series B Stock so converted shall represent
            the right to receive such number of shares of Common Stock into
            which such shares of Series B Stock are convertible. The Board shall
            at all times, so long as any shares of Series B Stock remain
            outstanding, reserve a sufficient number of authorized but unissued
            shares of Common Stock to be issued in satisfaction of the
            conversion rights and privileges aforesaid.

                                       4
<PAGE>

                  (c) MECHANICS OF CONVERSION. In the case of a conversion,
            before any holder of Series B Stock shall be entitled to convert the
            same into shares of Common Stock, it shall surrender the certificate
            or certificates therefor, duly endorsed, at the office of the
            Corporation or its transfer agent for the Series B Stock, and shall
            give written notice to the Corporation of the election to convert
            the same and shall state therein the name or names in which the
            certificate of certificates for shares of Common Stock are to be
            issued. The Corporation shall, as soon as practicable thereafter and
            in any case within ten (10) business days of the Corporation's
            receipt of the notice of conversion, issue and deliver at such
            office to such holder of Series B Stock, or to the nominee or
            nominees of such holder, a certificate or certificates for the
            number of shares of Common Stock to which such holder shall be
            entitled as aforesaid; provided that such holder or nominee(s), as
            the case may be, shall be deemed to be the owner of record of such
            Common Stock as of the date that written notice is given to the
            Corporation of such holder's properly completed and executed
            election to convert and the surrender of the certificates
            representing the Series B Stock being converted, duly endorsed, at
            the office of the Corporation or its transfer agent (or an
            indemnification agreement as set forth in Section 5(a) hereof in
            case such certificates have been lost, stolen or destroyed). A
            certificate or certificates will be issued for the remaining shares
            of Series B Stock in any case in which fewer than all of the shares
            of Series B Stock represented by a certificate are converted.

                  (d) ISSUE TAXES. The Corporation shall pay all issue taxes, if
            any, incurred in respect of the issue of shares of Common Stock on
            conversion. If a holder of shares surrendered for conversion
            specifies that the shares of Common Stock to be issued on conversion
            are to be issued in a name or names other than the name or names in
            which such surrendered shares stand, then the Corporation shall not
            be required to pay any transfer or other taxes incurred by reason of
            the issuance of such shares of Common Stock to the name of another,
            and if the appropriate transfer taxes shall not have been paid to
            the Corporation or the transfer agent for the Series B Stock at the
            time of surrender of the shares involved, the shares of Common Stock
            issued upon conversion thereof may be registered in the name or
            names in which the surrendered shares were registered, despite the
            instructions to the contrary.

                  (e) VALID ISSUANCE. All shares of Common Stock which may be
            issued in connection with the conversion provisions set forth herein
            will, upon issuance by the Corporation, be validly issued, fully
            paid and nonassessable, free from preemptive rights and free from
            all taxes, liens or charges with respect thereto created or imposed
            by the Corporation.

                                       5
<PAGE>

            6. ADJUSTMENT OF CONVERSION PRICE. The number and kind of securities
      issuable upon the conversion of the Series B Stock and the Conversion
      Price shall be subject to adjustment from time to time in accordance with
      the following provisions:

                  (a) REORGANIZATION, RECLASSIFICATION. In the event of a
            reorganization, share exchange, sale, conveyance, or
            reclassification, in a transaction or series of related
            transactions, including where there is a shift in more than fifty
            percent (50%) of the voting power of the Corporation ("Change of
            Control") other than a change in par value, or from par value to no
            par value, or from no par value to par value or a transaction
            described in Section 6(b) below, each share of Series B Stock shall,
            after such reorganization, share exchange or reclassification, be
            convertible at the option of the holder into the kind and number of
            shares of stock and/or other securities, cash or other property
            which the holder of such share of Series B Stock would have been
            entitled to receive if the holder had held the Common Stock issuable
            upon conversion of such share of Series B Stock immediately prior to
            such reorganization, share exchange or reclassification.

                  (b) CONSOLIDATION, MERGER. In the event of a merger or
            consolidation to which the Corporation is a party which results in a
            Change of Control, each share of Series B Stock shall, after such
            merger or consolidation, be convertible at the option of the holder
            into the kind and number of shares of stock and/or other securities,
            cash or other property which the holder of such share of Series B
            Stock would have been entitled to receive if the holder had held the
            Common Stock issuable upon conversion of such share of Series B
            Stock immediately prior to such consolidation or merger.

            7. VOTING RIGHTS. The holders of the Series B Stock shall have the
      same voting rights as the holders of the Common Stock. In addition, the
      holders of shares of Series B Stock shall vote as a separate class on all
      matters adversely affecting the Series B Stock. The authorization or
      issuance of additional Common Stock, or other securities having
      liquidation, dividend, voting or other rights junior to the Series B shall
      not be deemed to adversely affect the Series B Stock. In addition to the
      other voting rights of the holders of the Series B Stock specified herein,
      for so long as any shares of Series B Stock are outstanding, the
      Corporation will not, and it will cause its subsidiaries not to, without
      the affirmative vote, or the written consent pursuant to the Delaware
      Business Corporation Act, of the holders of a majority of the outstanding
      shares of Series B Stock to amend, waive or repeal any provisions of, or
      add any provision to, (i) this Certificate or (ii) any provision of the
      Certificate of Incorporation or Bylaws of the Corporation or any other
      certificate of designation filed with the Secretary of State of Delaware
      by the Corporation in a manner that would adversely effect or impair the
      rights of the holders of the Series B Stock.

                                       6
<PAGE>

            8. DIVIDENDS.

                  The holders of the Series B Stock shall not be entitled to
            receive payment of cash dividends on shares thereof.

            9. REDEMPTION OR RETIREMENT OF PREFERRED STOCK.

                  (a) The Corporation shall have the right at any time to
            purchase all or any part of its Series B Stock issued and
            outstanding by paying to the respective holders thereof the sum of
            twenty-five cents ($0.25) for each share of such stock redeemed.

                  (b) Notwithstanding Section 9(c) below, the Corporation shall
            apply toward the purchase or redemption of the Series B Stock as
            herein provided any funds it has paid as license fees to Kino
            Communications, L.L.C., an Arizona limited liability company, under
            that certain License Agreement dated as of December 5, 2005.

                  (c) The Corporation may apply toward the purchase or
            redemption of the Series B Stock as herein provided any part of its
            surplus funds or an amount of its stated capital which shall not be
            greater than the stated capital represented by the shares purchased
            or redeemed, but under no circumstances shall the Corporation apply
            any other funds or any further part of its stated capital toward the
            purchase or redemption of such stock. The purchase or redemption of
            any such stock shall not be made where the effect of any such
            purchase or redemption and application of stated capital thereto
            shall be to reduce the net assets of the Corporation below the
            stated capital remaining after giving effect to the cancellation of
            such shares, or if the Corporation is insolvent or would thereby be
            made insolvent, or where the effect of any such purchase or
            redemption and application of stated capital thereto shall be to
            conflict with, or constitute a breach or default under any provision
            of any agreement, contract, commitment or instrument to which the
            Corporation is a party.

                  (d) The Board of Directors of the Corporation shall have full
            power and discretion to select from the outstanding Preferred Stock
            of the Corporation particular shares for redemption or purchase, and
            its proceedings in this connection shall not be subject to attack
            except for actual and intentional fraud. In all instances, the Board
            shall have complete authority to determine upon and take the
            necessary proceedings fully to effect the purchase or redemption of
            the shares selected for redemption, and the cancellation of the
            certificates representing such shares. Upon the completion of such
            proceedings, the rights of holders of the shares of such Preferred
            Stock which have been redeemed and called in shall in all respects
            cease, except that such holders, in the case of Section 9(c) above,
            shall be entitled to receive the redemption price for their
            respective shares.

                                       7
<PAGE>

                  (e) Whenever any shares such preferred stock of the
            Corporation are purchased or redeemed as herein authorized, the
            Corporation may, by resolution of its Board of Directors, retire
            such shares, and thereupon this Corporation shall, in connection
            with the retirement of such shares, cause to be filed a certificate
            of reduction of stated capital.

            10. FUTURE PREFERRED STOCK ISSUES. The Corporation may issue one or
      more additional Series of Preferred Stock without the consent of the
      holders of the Series B Stock, provided, however, that the rights and
      preferences of such subsequent series of preferred stock as to
      liquidation, dividends, voting, redemption, and registration rights shall
      not be superior (but may be pari passu) to those of the Series B Stock.

IN WITNESS WHEREOF, the undersigned has executed this Certificate of
Designations as of this 27th day of February, 2006, and affirms that this
Certificate of Designations is his act and deed and that the statements
contained herein are true under penalties of perjury.

MODAVOX, INC.

BY: /s/ Robert D. Arkin
    ------------------------------
        Robert D. Arkin
        Chairman

NOTICE OF CONVERSION

      (To be Executed by the Registered Holder
      in order to Convert the Series B Preferred Stock)

The undersigned hereby irrevocably elects to convert ____________ shares of
Series B Preferred Stock (the "CONVERSION"), represented by stock certificate
Nos(s). ___________ (the "PREFERRED STOCK CERTIFICATES"), into shares of common
stock ("COMMON STOCK") of MODAVOX, INCORPORATED (the "CORPORATION") according to
the conditions of the Certificate of Designations, Preferences and Rights of
Series B Convertible Preferred Stock (the "CERTIFICATE OF DESIGNATION"), as of
the date written below. If securities are to be issued in the name of a person
other than the undersigned, the undersigned will pay all transfer taxes payable
with respect thereto. No fee will be charged to the holder for any conversion,
except for transfer taxes, if any. A copy of each Preferred Stock Certificate is
attached hereto (or evidence of loss, theft or destruction thereof).

                                       8
<PAGE>

The Corporation shall electronically transmit the Common Stock issuable pursuant
to this Notice of Conversion to the account of the undersigned or its nominee
(which is _________________) with DTC through its Deposit Withdrawal Agent
Commission System ("DTC TRANSFER").

The undersigned represents and warrants that all offers and sales by the
undersigned of the securities issuable to the undersigned upon conversion of the
Series B Preferred Stock shall be made pursuant to registration of the Common
Stock under the Securities Act of 1933, as amended (the "ACT"), or pursuant to
an exemption from registration under the Act.

In lieu of receiving the shares of Common Stock issuable pursuant to this Notice
of Conversion by way of DTC Transfer, the undersigned hereby requests that the
Corporation issue and deliver to the undersigned physical certificates
representing such shares of Common Stock.

Date of Conversion:
                    -------------------------------

Applicable Conversion Price:
                             ----------------------

Number of Shares of Common

Stock to be Issued:
                    -------------------------------

Signature:
           ----------------------------------------

Name:
      ---------------------------------------------

Address:
         ------------------------------------------

                                       9STATE OF DELAWARE
                            CERTIFICATE OF CORRECTION

The Corporation organized and existing under and by virtue of the General
Corporation Law of the State of Delaware:

DOES HEREBY CERTIFY:

1.    The name of the Corporation is Modavox, Inc.

2.    That the Certificate of Designations, Preferences and Rights of Series A
      Convertible Preferred Stock of Modavox, Inc. (the "Series A Certificate")
      was filed by the Secretary of State of Delaware on February 28, 2006 and
      that said Certificate requires correction as permitted by Section 103 of
      the General Corporation law of the State of Delaware.

3.    The inaccuracy or defect of said Series A Certificate to be corrected is
      that the formula set forth in Section 5(a) that is used to determine the
      conversion ratio for the Series A Convertible Preferred Stock erroneously
      listed the number four (4) as the denominator of the quotient of such
      formula, causing the initial conversion ratio pursuant to Section 5(a) to
      be a one-to-four ratio of common to preferred stock rather than the
      intended one-to-one ratio.

4.    Section 5(a) of the Series A Certificate is corrected to read as follows:

5.    CONVERSION. The holders of shares of Series A Stock shall have the
      following conversion rights:

            (a) CONVERSION. Subject to the limitations set forth below, each
      share of the Series A Stock shall be convertible at any time after the
      First Conversion Date in whole but not in part, unless previously
      redeemed, at the option of the holder of record thereof, into the number
      of fully paid and nonassessable shares of Common Stock equal to the
      quotient obtained by dividing (i) the aggregate Liquidation Payments of
      the shares of Series A Stock being converted by (ii) the Conversion Price,
      upon surrender to the Corporation or its transfer agent of the certificate
      or certificates representing the Series A Stock to be converted, as
      provided below, or if the holder notifies the Corporation or its transfer
      agent that such certificate or certificates have been lost, stolen or
      destroyed, upon the execution and delivery of an agreement satisfactory to
      the Corporation to indemnify the Corporation from any losses incurred by
      it in connection therewith. The conversion rights herein provided shall be
      apportioned ratably among the holders of the Series A Stock in proportion
      to the number of shares of Series A Stock owned by such holders.

                          [SIGNATURE ON FOLLOWING PAGE]
<PAGE>

IN WITNESS WHEREOF, said Corporation has caused this Certificate of Correction
to be signed by David J. Ide, an Authorized Officer, this 12th day of May, 2006.

                                          By:
                                              -------------------------------
                                              David J. Ide, President and
                                              Chief Executive Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]