Document:

EXHIBIT C

NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS EXERCISABLE
HAVE  BEEN  REGISTERED  WITH  THE  SECURITIES  AND  EXCHANGE  COMMISSION  OR THE
SECURITIES   COMMISSION  OF  ANY  STATE  IN  RELIANCE  UPON  AN  EXEMPTION  FROM
REGISTRATION  UNDER THE  SECURITIES  ACT OF 1933,  AS AMENDED  (THE  "SECURITIES
ACT"),  AND,  ACCORDINGLY,  MAY NOT BE OFFERED  OR SOLD  EXCEPT  PURSUANT  TO AN
EFFECTIVE  REGISTRATION  STATEMENT  UNDER THE  SECURITIES  ACT OR PURSUANT TO AN
AVAILABLE  EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE  REGISTRATION
REQUIREMENTS  OF THE  SECURITIES  ACT AND IN ACCORDANCE  WITH  APPLICABLE  STATE
SECURITIES  LAWS AS  EVIDENCED BY A LEGAL  OPINION OF COUNSEL TO THE  TRANSFEROR
REASONABLY  ACCEPTABLE  TO THE COMPANY TO SUCH  EFFECT,  THE  SUBSTANCE OF WHICH
SHALL BE REASONABLY  ACCEPTABLE TO THE COMPANY.  THIS SECURITY MAY BE PLEDGED IN
CONNECTION  WITH A BONA FIDE MARGIN ACCOUNT WITH A REGISTERED  BROKER-DEALER  OR
OTHER LOAN WITH A FINANCIAL  INSTITUTION  THAT IS AN  "ACCREDITED  INVESTOR"  AS
DEFINED IN RULE 501(a) UNDER THE SECURITIES ACT.

                         COMMON STOCK PURCHASE WARRANT

                To Purchase __________ Shares of Common Stock of

                              TASKER CAPITAL CORP.

            THIS COMMON STOCK PURCHASE  WARRANT (the "Warrant")  CERTIFIES that,
for value received,  _____________ (the "Holder"),  is entitled,  upon the terms
and subject to the  limitations on exercise and the conditions  hereinafter  set
forth,  at any  time on or after  the  date of  issuance  of this  Warrant  (the
"Initial Exercise Date") and on or prior to the fifth anniversary of the Initial
Exercise Date (the "Termination Date") but not thereafter,  to subscribe for and
purchase from Tasker Capital Corp., a Nevada corporation (the "Company"),  up to
____________ shares (the "Warrant Shares") of Common Stock, par value $0.001 per
share, of the Company (the "Common  Stock").  The purchase price of one share of
Common Stock (the "Exercise  Price") under this Warrant shall be $0.25,  subject
to adjustment  hereunder  and subject to adjustment  pursuant to Section 4.16 of
the Purchase Agreement.  The Exercise Price and the number of Warrant Shares for
which the  Warrant is  exercisable  shall be subject to  adjustment  as provided
herein.  CAPITALIZED  TERMS USED AND NOT OTHERWISE DEFINED HEREIN SHALL HAVE THE
MEANINGS SET FORTH IN THAT CERTAIN SECURITIES  PURCHASE AGREEMENT (THE "PURCHASE
AGREEMENT"),  DATED  JULY  ___,  2004,  AMONG  THE  COMPANY  AND THE  PURCHASERS
SIGNATORY THERETO.

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            1. Title to Warrant.  Prior to the  Termination  Date and subject to
compliance with applicable laws and Section 7 of this Warrant,  this Warrant and
all rights  hereunder  are  transferable,  in whole or in part, at the office or
agency of the  Company by the Holder in person or by duly  authorized  attorney,
upon surrender of this Warrant  together with the Assignment Form annexed hereto
properly  endorsed.  The transferee shall sign an investment  letter in form and
substance reasonably satisfactory to the Company.

            2.  Authorization of Shares.  The Company covenants that all Warrant
Shares which may be issued upon the exercise of the purchase rights  represented
by this Warrant will, upon exercise of the purchase  rights  represented by this
Warrant,  be duly authorized,  validly issued,  fully paid and nonassessable and
free from all taxes,  liens and charges in respect of the issue  thereof  (other
than taxes in  respect of any  transfer  occurring  contemporaneously  with such
issue).

            3. Exercise of Warrant.

            (a) Exercise of the purchase rights  represented by this Warrant may
      be made at any time or times on or after the Initial  Exercise Date and on
      or before  the  Termination  Date by  delivery  to the  Company  of a duly
      executed  facsimile copy of the Notice of Exercise Form annexed hereto (or
      such other  office or agency of the Company as it may  designate by notice
      in  writing  to the  registered  Holder  at the  address  of  such  Holder
      appearing  on the  books  of the  Company);  provided,  however,  within 5
      Trading  Days of the date said  Notice of  Exercise  is  delivered  to the
      Company, the Holder shall have surrendered this Warrant to the Company and
      the Company shall have received payment of the aggregate Exercise Price of
      the shares thereby  purchased by wire transfer or cashier's check drawn on
      a United States bank. Certificates for shares purchased hereunder shall be
      delivered  to the Holder  within 5 Trading  Days from the  delivery to the
      Company of the Notice of  Exercise  Form,  surrender  of this  Warrant and
      payment of the aggregate Exercise Price as set forth above ("Warrant Share
      Delivery  Date").  This Warrant shall be deemed to have been  exercised on
      the later of the date the Notice of Exercise is  delivered  to the Company
      by  facsimile  copy and the date the  Exercise  Price is  received  by the
      Company.  The  Warrant  Shares  shall be deemed to have been  issued,  and
      Holder or any other  person so  designated  to be named  therein  shall be
      deemed to have become a holder of record of such shares for all  purposes,
      as of the date the Warrant has been exercised by payment to the Company of
      the  Exercise  Price and all taxes  required to be paid by the Holder,  if
      any, pursuant to Section 5 prior to the issuance of such shares, have been
      paid.  If the  Company  fails to deliver to the  Holder a  certificate  or
      certificates representing the Warrant Shares pursuant to this Section 3(a)
      by the fifth Trading Day following the Warrant Share Delivery  Date,  then
      the Holder will have the right to rescind  such  exercise.  In addition to
      any other rights available to the Holder,  if the Company fails to deliver
      to the Holder a  certificate  or  certificates  representing  the  Warrant
      Shares  pursuant to an exercise by the fifth Trading Day after the Warrant
      Share  Delivery  Date, and if after such day the Holder is required by its
      broker to purchase (in an open market  transaction or otherwise) shares of
      Common  Stock to  deliver in  satisfaction  of a sale by the Holder of the
      Warrant Shares which the Holder  anticipated  receiving upon such exercise

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      (a  "Buy-In"),  then the  Company  shall (1) pay in cash to the Holder the
      amount by which (x) the Holder's total purchase price (including brokerage
      commissions,  if any) for the shares of Common Stock so purchased  exceeds
      (y) the amount  obtained by  multiplying  (A) the number of Warrant Shares
      that the Company was required to deliver to the Holder in connection  with
      the  exercise at issue times (B) the price at which the sell order  giving
      rise to such purchase  obligation  was executed,  and (2) at the option of
      the Holder,  either  reinstate  the portion of the Warrant and  equivalent
      number of  Warrant  Shares  for which  such  exercise  was not  honored or
      deliver to the Holder the number of shares of Common Stock that would have
      been issued had the Company timely complied with its exercise and delivery
      obligations  hereunder.  For example, if the Holder purchases Common Stock
      having a total purchase price of $11,000 to cover a Buy-In with respect to
      an attempted  exercise of shares of Common  Stock with an  aggregate  sale
      price giving rise to such purchase obligation of $10,000, under clause (1)
      of the immediately preceding sentence the Company shall be required to pay
      the Holder  $1,000.  The Holder shall provide the Company  written  notice
      indicating  the  amounts  payable to the Holder in respect of the  Buy-In,
      together  with  applicable  confirmations  and other  evidence  reasonably
      requested by the Company.  Nothing  herein shall limit a Holder's right to
      pursue any other remedies  available to it hereunder,  at law or in equity
      including,  without  limitation,  a decree of specific  performance and/or
      injunctive  relief with respect to the Company's failure to timely deliver
      certificates  representing  shares of Common  Stock upon  exercise  of the
      Warrant as required pursuant to the terms hereof.

            (b) If this Warrant shall have been  exercised in part,  the Company
      shall,  at the  time  of  delivery  of  the  certificate  or  certificates
      representing  Warrant Shares,  deliver to Holder a new Warrant  evidencing
      the rights of Holder to purchase the unpurchased Warrant Shares called for
      by this  Warrant,  which  new  Warrant  shall  in all  other  respects  be
      identical with this Warrant.

            (c) The Holder  shall not have the right to exercise  any portion of
      this Warrant,  pursuant to Section 3(a) or  otherwise,  to the extent that
      after giving effect to such issuance after exercise,  the Holder (together
      with the Holder's  affiliates),  as set forth on the applicable  Notice of
      Exercise,  would  beneficially  own in  excess  of 4.99% of the  number of
      shares of the Common Stock outstanding  immediately after giving effect to
      such  issuance.  For  purposes of the  foregoing  sentence,  the number of
      shares of Common Stock beneficially owned by the Holder and its affiliates
      shall include the number of shares of Common Stock  issuable upon exercise
      of this Warrant with respect to which the  determination  of such sentence
      is being  made,  but shall  exclude  the number of shares of Common  Stock
      which would be issuable upon (A) exercise of the  remaining,  nonexercised
      portion  of this  Warrant  beneficially  owned by the Holder or any of its
      affiliates   and  (B)  exercise  or  conversion  of  the   unexercised  or
      nonconverted  portion of any other  securities of the Company  (including,
      without  limitation,  any  other  Warrants)  subject  to a  limitation  on
      conversion  or  exercise  analogous  to the  limitation  contained  herein
      beneficially  owned by the Holder or any of its affiliates.  Except as set
      forth in the  preceding  sentence,  for  purposes  of this  Section  3(c),
      beneficial  ownership shall be calculated in accordance with Section 13(d)
      of the Exchange Act, it being  acknowledged  by Holder that the Company is
      not  representing  to Holder that such  calculation is in compliance  with
      Section 13(d) of the Exchange Act and Holder is solely responsible for any

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      schedules required to be filed in accordance therewith. To the extent that
      the limitation  contained in this Section 3(c) applies,  the determination
      of whether this Warrant is  exercisable  (in relation to other  securities
      owned by the Holder) and of which a portion of this Warrant is exercisable
      shall be in the sole  discretion of such Holder,  and the  submission of a
      Notice of Exercise  shall be deemed to be such Holder's  determination  of
      whether this Warrant is exercisable (in relation to other securities owned
      by such Holder) and of which  portion of this Warrant is  exercisable,  in
      each case subject to such aggregate percentage limitation, and the Company
      shall  have no  obligation  to  verify or  confirm  the  accuracy  of such
      determination.  For  purposes of this Section  3(c),  in  determining  the
      number of outstanding  shares of Common Stock,  the Holder may rely on the
      number  of  outstanding  shares of Common  Stock as  reflected  in (x) the
      Company's most recent Form 10-QSB or Form 10-KSB,  as the case may be, (y)
      a more recent public  announcement  by the Company or (z) any other notice
      by the Company or the Company's Transfer Agent setting forth the number of
      shares of Common  Stock  outstanding.  Upon the written or oral request of
      the Holder,  the Company shall within two Trading Days confirm  orally and
      in  writing  to the  Holder  the  number of shares  of Common  Stock  then
      outstanding. In any case, the number of outstanding shares of Common Stock
      shall be determined  after giving effect to the  conversion or exercise of
      securities of the Company,  including  this Warrant,  by the Holder or its
      affiliates since the date as of which such number of outstanding shares of
      Common Stock was reported.

            (d) If at any time after one year from the date of  issuance of this
      Warrant  there is no  effective  Registration  Statement  registering  the
      resale of the Warrant Shares by the Holder at such time,  this Warrant may
      also be exercised at such time by means of a "cashless  exercise" in which
      the Holder  shall be entitled to receive a  certificate  for the number of
      Warrant Shares equal to the quotient  obtained by dividing  [(A-B) (X)] by
      (A), where:

            (A) = the VWAP on the  Trading Day  immediately  preceding  the date
                  of such election;

            (B) = the Exercise Price of this Warrant, as adjusted; and

            (X) = the  number of  Warrant Shares  issuable upon exercise of this
                  Warrant in accordance  with the terms of this Warrant by means
                  of a cash exercise rather than a cashless exercise.

            4. No  Fractional  Shares or Scrip.  No  fractional  shares or scrip
representing  fractional  shares  shall  be  issued  upon the  exercise  of this
Warrant.  As to any fraction of a share which Holder would otherwise be entitled
to purchase  upon such  exercise,  the Company  shall pay a cash  adjustment  in
respect of such final fraction in an amount equal to such fraction multiplied by
the Exercise Price.

            5. Charges, Taxes and Expenses. Issuance of certificates for Warrant
Shares shall be made without  charge to the Holder for any issue or transfer tax
or other incidental expense in respect of the issuance of such certificate,  all
of which taxes and expenses shall be paid by the Company,  and such certificates
shall be  issued  in the name of the  Holder  or in such name or names as may be

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directed by the Holder;  provided,  however,  that in the event certificates for
Warrant  Shares are to be issued in a name  other  than the name of the  Holder,
this  Warrant  when  surrendered  for  exercise  shall  be  accompanied  by  the
Assignment Form attached hereto duly executed by the Holder; and the Company may
require, as a condition thereto, the payment of a sum sufficient to reimburse it
for any transfer tax incidental thereto.

            6.  Closing of Books.  The  Company  will not close its  stockholder
books or records in any  manner  which  prevents  the  timely  exercise  of this
Warrant, pursuant to the terms hereof.

            7. Transfer, Division and Combination.

            (a) Subject to compliance  with any applicable  securities  laws and
      the  conditions  set  forth  in  Sections  1 and  7(e)  hereof  and to the
      provisions of Section 4.1 of the Purchase Agreement,  this Warrant and all
      rights hereunder are transferable,  in whole or in part, upon surrender of
      this  Warrant at the  principal  office of the  Company,  together  with a
      written  assignment  of this Warrant  substantially  in the form  attached
      hereto  duly  executed  by the Holder or its agent or  attorney  and funds
      sufficient  to pay any  transfer  taxes  payable  upon the  making of such
      transfer.  Upon such surrender and, if required, such payment, the Company
      shall  execute  and  deliver a new  Warrant or Warrants in the name of the
      assignee or assignees and in the denomination or  denominations  specified
      in such  instrument of  assignment,  and shall issue to the assignor a new
      Warrant  evidencing the portion of this Warrant not so assigned,  and this
      Warrant shall promptly be cancelled.  A Warrant, if properly assigned, may
      be exercised by a new holder for the  purchase of Warrant  Shares  without
      having a new Warrant issued.

            (b) This Warrant may be divided or combined with other Warrants upon
      presentation hereof at the aforesaid office of the Company,  together with
      a written  notice  specifying  the names  and  denominations  in which new
      Warrants are to be issued,  signed by the Holder or its agent or attorney.
      Subject to compliance  with Section 7(a), as to any transfer  which may be
      involved in such  division or  combination,  the Company shall execute and
      deliver a new Warrant or Warrants in exchange  for the Warrant or Warrants
      to be divided or combined in accordance with such notice.

            (c) The Company shall prepare,  issue and deliver at its own expense
      (other than transfer taxes) the new Warrant or Warrants under this Section
      7.

            (d) The Company agrees to maintain,  at its aforesaid office,  books
      for the registration and the registration of transfer of the Warrants.

            (e) If, at the time of the  surrender of this Warrant in  connection
      with any transfer of this Warrant,  the transfer of this Warrant shall not
      be registered  pursuant to an effective  registration  statement under the
      Securities Act and under applicable state securities or blue sky laws, the
      Company may require, as a condition of allowing such transfer (i) that the
      Holder or transferee of this Warrant,  as the case may be,  furnish to the
      Company a written  opinion of  counsel  (which  opinion  shall be in form,
      substance  and scope  customary  for  opinions  of counsel  in  comparable
      transactions)  to the  effect  that  such  transfer  may be  made  without

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      registration   under  the  Securities  Act  and  under   applicable  state
      securities or blue sky laws,  (ii) that the holder or  transferee  execute
      and  deliver to the  Company an  investment  letter in form and  substance
      acceptable to the Company and (iii) that the  transferee be an "accredited
      investor" as defined in Rule 501(a)(1),  (a)(2), (a)(3), (a)(7), or (a)(8)
      promulgated under the Securities Act or a qualified institutional buyer as
      defined in Rule 144A(a) under the Securities Act.

            8. No Rights as Shareholder  until  Exercise.  This Warrant does not
entitle the Holder to any voting rights or other rights as a shareholder  of the
Company prior to the exercise hereof. Upon the surrender of this Warrant and the
payment of the aggregate  Exercise  Price (or by means of a cashless  exercise),
the  Warrant  Shares  so  purchased  shall be and be deemed to be issued to such
Holder as the record  owner of such  shares as of the close of  business  on the
later of the date of such surrender or payment.

            9. Loss,  Theft,  Destruction or Mutilation of Warrant.  The Company
covenants that upon receipt by the Company of evidence  reasonably  satisfactory
to it of the loss, theft, destruction or mutilation of this Warrant or any stock
certificate  relating  to the  Warrant  Shares,  and in case of  loss,  theft or
destruction,  of indemnity or security reasonably  satisfactory to it (which, in
the case of the  Warrant,  shall not include the posting of any bond),  and upon
surrender and cancellation of such Warrant or stock  certificate,  if mutilated,
the Company  will make and deliver a new  Warrant or stock  certificate  of like
tenor  and  dated  as of such  cancellation,  in lieu of such  Warrant  or stock
certificate.

            10. Saturdays,  Sundays, Holidays, etc. If the last or appointed day
for the taking of any action or the  expiration of any right required or granted
herein shall be a Saturday,  Sunday or a legal holiday,  then such action may be
taken or such right may be exercised on the next  succeeding day not a Saturday,
Sunday or legal holiday.

            11. Adjustments of Exercise Price and Number of Warrant Shares.

            (a) Stock Splits, etc. The number and kind of securities purchasable
      upon the exercise of this Warrant and the Exercise  Price shall be subject
      to  adjustment  from  time  to  time  upon  the  happening  of  any of the
      following.  In case the  Company  shall  (i) pay a  dividend  in shares of
      Common Stock or make a  distribution  in shares of Common Stock to holders
      of its outstanding  Common Stock, (ii) subdivide its outstanding shares of
      Common  Stock  into  a  greater  number  of  shares,   (iii)  combine  its
      outstanding  shares of  Common  Stock  into a smaller  number of shares of
      Common  Stock,  or  (iv)  issue  any  shares  of its  capital  stock  in a
      reclassification  of the Common Stock,  then the number of Warrant  Shares
      purchasable upon exercise of this Warrant  immediately prior thereto shall
      be adjusted  so that the Holder  shall be entitled to receive the kind and
      number of Warrant Shares or other securities of the Company which it would
      have  owned  or have  been  entitled  to  receive  had such  Warrant  been
      exercised in advance  thereof.  Upon each such  adjustment of the kind and
      number of Warrant  Shares or other  securities  of the  Company  which are
      purchasable hereunder, the Holder shall thereafter be entitled to purchase
      the  number of  Warrant  Shares or other  securities  resulting  from such
      adjustment  at an  Exercise  Price  per  Warrant  Share or other  security
      obtained by multiplying the Exercise Price in effect  immediately prior to
      such  adjustment  by the number of  Warrant  Shares  purchasable  pursuant

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      hereto  immediately prior to such adjustment and dividing by the number of
      Warrant  Shares or other  securities  of the Company that are  purchasable
      pursuant  hereto  immediately  after such  adjustment.  An adjustment made
      pursuant to this paragraph shall become  effective  immediately  after the
      effective  date of such event  retroactive to the record date, if any, for
      such event.

            (b)  Anti-Dilution  Provisions.  During  the  Exercise  Period,  the
      Exercise  Price  shall  be  subject  to  adjustment  from  time to time as
      provided in this Section  11(b).  In the event that any  adjustment of the
      Exercise Price as required  herein  results in a fraction of a cent,  such
      Exercise Price shall be rounded up or down to the nearest cent.

                  (i) Adjustment of Exercise  Price. If and whenever the Company
            issues or sells, or in accordance with Section  11(b)(ii)  hereof is
            deemed to have  issued or sold,  any  shares of Common  Stock for an
            effective  consideration  per share of less  than the then  Exercise
            Price or for no  consideration  (such lower  price,  the "Base Share
            Price" and such  issuances  collectively,  a  "Dilutive  Issuance"),
            then,  the  Exercise  Price shall be reduced to equal the Base Share
            Price. Such adjustment shall be made whenever shares of Common Stock
            or Common Stock Equivalents are issued.

                  (ii) Effect on Exercise Price of Certain Events.  For purposes
            of  determining  the adjusted  Exercise  Price under  Section  11(b)
            hereof, the following will be applicable:

                               (A) Issuance of Rights or Options. If the Company
                  in any  manner  issues  or  grants  any  warrants,  rights  or
                  options, whether or not immediately exercisable,  to subscribe
                  for or to purchase  Common Stock or Common  Stock  Equivalents
                  (such warrants, rights and options to purchase Common Stock or
                  Common  Stock  Equivalents  are  hereinafter  referred  to  as
                  "Options") and the effective  price per share for which Common
                  Stock is issuable  upon the  exercise of such  Options is less
                  than the Exercise Price ("Below Base Price Options"), then the
                  maximum  total number of shares of Common Stock  issuable upon
                  the  exercise of all such Below Base Price  Options  (assuming
                  full   exercise,   conversion  or  exchange  of  Common  Stock
                  Equivalents,  if  applicable)  will,  as of  the  date  of the
                  issuance or grant of such Below Base Price Options,  be deemed
                  to be  outstanding  and to have  been  issued  and sold by the
                  Company for such price per share and the maximum consideration
                  payable  to the  Company  upon such  exercise  (assuming  full
                  exercise,  conversion or exchange of Common Stock Equivalents,
                  if  applicable)  will be deemed to have been  received  by the
                  Company.   For  purposes  of  the  preceding   sentence,   the
                  "effective  price per share for which Common Stock is issuable
                  upon  the  exercise  of such  Below  Base  Price  Options"  is
                  determined by dividing (i) the total amount,  if any, received
                  or receivable by the Company as consideration for the issuance
                  or  granting  of all such Below Base Price  Options,  plus the
                  minimum aggregate amount of additional consideration,  if any,
                  payable to the  Company  upon the  exercise  of all such Below
                  Base  Price  Options,  plus,  in  the  case  of  Common  Stock
                  Equivalents  issuable  upon the  exercise  of such  Below Base

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                  Price  Options,  the minimum  aggregate  amount of  additional
                  consideration   payable  upon  the  exercise,   conversion  or
                  exchange  thereof at the time such  Common  Stock  Equivalents
                  first become exercisable, convertible or exchangeable, by (ii)
                  the maximum  total number of shares of Common  Stock  issuable
                  upon  the  exercise  of all  such  Below  Base  Price  Options
                  (assuming  full  conversion  of Common Stock  Equivalents,  if
                  applicable).  No further adjustment to the Exercise Price will
                  be made upon the actual issuance of such Common Stock upon the
                  exercise  of  such  Below  Base  Price  Options  or  upon  the
                  exercise,  conversion or exchange of Common Stock  Equivalents
                  issuable upon exercise of such Below Base Price Options.

                              (B) Issuance of Common Stock  Equivalents.  If the
                  Company  in any  manner  issues  or  sells  any  Common  Stock
                  Equivalents,  whether or not  immediately  convertible  (other
                  than where the same are issuable upon the exercise of Options)
                  and the  effective  price per share for which  Common Stock is
                  issuable  upon such  exercise,  conversion or exchange is less
                  than the  Exercise  Price,  then the maximum  total  number of
                  shares of Common Stock issuable upon the exercise,  conversion
                  or exchange of all such Common Stock  Equivalents  will, as of
                  the date of the issuance of such Common Stock Equivalents,  be
                  deemed to be  outstanding  and to have been issued and sold by
                  the   Company  for  such  price  per  share  and  the  maximum
                  consideration  payable  to  the  Company  upon  such  exercise
                  (assuming  full  exercise,  conversion  or  exchange of Common
                  Stock Equivalents,  if applicable) will be deemed to have been
                  received by the  Company.  For the  purposes of the  preceding
                  sentence,  the  "effective  price per  share for which  Common
                  Stock is issuable upon such exercise,  conversion or exchange"
                  is  determined  by  dividing  (i) the  total  amount,  if any,
                  received or receivable by the Company as consideration for the
                  issuance or sale of all such Common  Stock  Equivalents,  plus
                  the minimum aggregate amount of additional  consideration,  if
                  any,  payable to the Company upon the exercise,  conversion or
                  exchange  thereof at the time such  Common  Stock  Equivalents
                  first become exercisable, convertible or exchangeable, by (ii)
                  the maximum  total number of shares of Common  Stock  issuable
                  upon the  exercise,  conversion or exchange of all such Common
                  Stock Equivalents. No further adjustment to the Exercise Price
                  will be made upon the actual  issuance  of such  Common  Stock
                  upon  exercise,  conversion  or exchange of such Common  Stock
                  Equivalents.

                              (C) Change in Option Price or Conversion  Rate. If
                  there is a change at any time in (i) the amount of  additional
                  consideration  payable to the Company upon the exercise of any
                  Options; (ii) the amount of additional consideration,  if any,
                  payable  to the  Company  upon  the  exercise,  conversion  or
                  exchange of any Common Stock Equivalents; or (iii) the rate at
                  which any Common Stock  Equivalents  are  convertible  into or

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                  exchangeable  for Common Stock (in each such case,  other than
                  under or by reason of provisions  designed to protect  against
                  dilution),  the  Exercise  Price in effect at the time of such
                  change will be  readjusted  to the Exercise  Price which would
                  have been in effect  at such time had such  Options  or Common
                  Stock Equivalents still outstanding  provided for such changed
                  additional  consideration  or changed  conversion rate, as the
                  case may be, at the time initially granted, issued or sold.

                              (D) Calculation of Consideration  Received. If any
                  Common Stock,  Options or Common Stock Equivalents are issued,
                  granted or sold for cash, the consideration  received therefor
                  for purposes of this  Warrant  will be the amount  received by
                  the  Company   therefor,   before   deduction  of   reasonable
                  commissions,  underwriting  discounts or  allowances  or other
                  reasonable  expenses  paid  or  incurred  by  the  Company  in
                  connection  with  such  issuance,  grant or sale.  In case any
                  Common Stock,  Options or Common Stock  Equivalents are issued
                  or sold  for a  consideration  part or all of  which  shall be
                  other than cash,  the amount of the  consideration  other than
                  cash  received by the Company will be the fair market value of
                  such consideration,  except where such consideration  consists
                  of  securities,  in which  case the  amount  of  consideration
                  received by the Company will be the fair market value (closing
                  bid price,  if traded on any market) thereof as of the date of
                  receipt.  In case any Common  Stock,  Options or Common  Stock
                  Equivalents  are  issued  in  connection  with any  merger  or
                  consolidation   in  which  the   Company   is  the   surviving
                  corporation,  the  amount of  consideration  therefor  will be
                  deemed to be the fair market  value of such portion of the net
                  assets and  business of the  non-surviving  corporation  as is
                  attributable  to such Common  Stock,  Options or Common  Stock
                  Equivalents,  as the case may be. The fair market value of any
                  consideration other than cash or securities will be determined
                  in good  faith by an  investment  banker or other  appropriate
                  expert of  national  reputation  selected  by the  Company and
                  reasonably  acceptable to the holder hereof, with the costs of
                  such appraisal to be borne by the Company.

                              (E)  Exceptions to  Adjustment of Exercise  Price.
                  Notwithstanding  the  foregoing,  no  adjustment  will be made
                  under this Section 11(b) in respect of an Exempt Issuance.

                               (F) Efficacy  Trials.  If the Company's  efficacy
                  trials,  which are scheduled to take place and be completed by
                  July 30, 2004,  do not provide the Company with backup data to
                  allow the Company, as part of its product marketing campaigns,
                  to publicly  announce on or before  August 15, 2004,  that the
                  product is  significantly  different and more  effective  than
                  other existing over-the-counter mouthwashes, then the Exercise
                  Price  shall  be  reduced  to be equal to  $0.05,  subject  to
                  adjustment  for  reverse  and  forward  stock  splits,   stock
                  dividends,  stock combinations and other similar  transactions
                  of the Common  Stock that occur after the date of the Purchase
                  Agreement.

                                       9
<PAGE>

                               (G) Warrant Registration Default Reduction. If an
                  Event occurs under the Registration  Rights  Agreement,  then,
                  immediately  and  automatically  and upon no further action of
                  the Company or the Holder, the Exercise Price shall be reduced
                  to $0.01,  subject to adjustment for reverse and forward stock
                  splits, stock dividends,  stock combinations and other similar
                  transactions  of the Common Stock that occur after the date of
                  the Purchase Agreement.

                  (iii) Minimum  Adjustment of Exercise  Price. No adjustment of
            the Exercise Price shall be made in an amount of less than 1% of the
            Exercise  Price in effect at the time such  adjustment  is otherwise
            required to be made, but any such lesser adjustment shall be carried
            forward  and  shall be made at the time and  together  with the next
            subsequent  adjustment  which,  together  with  any  adjustments  so
            carried  forward,  shall amount to not less than 1% of such Exercise
            Price.

            12.  Reorganization,   Reclassification,  Merger,  Consolidation  or
Disposition  of  Assets.  In case the  Company  shall  reorganize  its  capital,
reclassify  its  capital  stock,  consolidate  or  merge  with or  into  another
corporation  (where the Company is not the surviving  corporation or where there
is a change in or distribution with respect to the Common Stock of the Company),
or sell,  transfer or otherwise  dispose of its property,  assets or business to
another  corporation  and,  pursuant  to  the  terms  of  such   reorganization,
reclassification,  merger,  consolidation  or disposition  of assets,  shares of
common stock of the successor or acquiring  corporation,  or any cash, shares of
stock or other  securities  or  property  of any  nature  whatsoever  (including
warrants or other  subscription or purchase rights) in addition to or in lieu of
common stock of the successor or acquiring  corporation ("Other Property"),  are
to be received by or  distributed to the holders of Common Stock of the Company,
then the Holder shall have the right thereafter to receive, at the option of the
Holder, (a) upon exercise of this Warrant,  the number of shares of Common Stock
of the  successor  or  acquiring  corporation  or of the  Company,  if it is the
surviving corporation, and Other Property receivable upon or as a result of such
reorganization, reclassification, merger, consolidation or disposition of assets
by a Holder of the number of shares of Common  Stock for which  this  Warrant is
exercisable  immediately  prior to such  event or (b) cash equal to the value of
this Warrant as determined in accordance  with the Black Scholes  option pricing
formula.  In  case  of  any  such  reorganization,   reclassification,   merger,
consolidation or disposition of assets,  the successor or acquiring  corporation
(if  other  than  the  Company)  shall  expressly  assume  the due and  punctual
observance  and  performance  of each and every  covenant and  condition of this
Warrant to be performed and observed by the Company and all the  obligations and
liabilities   hereunder,   subject  to  such  modifications  as  may  be  deemed
appropriate (as determined in good faith by resolution of the Board of Directors
of the Company) in order to provide for  adjustments of Warrant Shares for which
this Warrant is exercisable  which shall be as nearly  equivalent as practicable
to the adjustments provided for in this Section 12. For purposes of this Section
12, "common stock of the successor or acquiring corporation" shall include stock
of such  corporation  of any class which is not  preferred  as to  dividends  or
assets  over any  other  class of stock  of such  corporation  and  which is not
subject to  redemption  and shall also include any  evidences  of  indebtedness,
shares of stock or other  securities  which are convertible into or exchangeable
for any such stock,  either  immediately or upon the arrival of a specified date
or the  happening  of a  specified  event and any  warrants  or other  rights to
subscribe  for or purchase  any such stock.  The  foregoing  provisions  of this
Section   12   shall    similarly    apply   to   successive    reorganizations,
reclassifications, mergers, consolidations or disposition of assets.

                                       10
<PAGE>

            13. Voluntary Adjustment by the Company. The Company may at any time
during the term of this Warrant  reduce the then current  Exercise  Price to any
amount and for any period of time deemed  appropriate  by the Board of Directors
of the Company.

            14. Notice of  Adjustment.  Whenever the number of Warrant Shares or
number or kind of securities or other property  purchasable upon the exercise of
this Warrant or the Exercise Price is adjusted, as herein provided,  the Company
shall give notice thereof to the Holder,  which notice shall state the number of
Warrant Shares (and other securities or property)  purchasable upon the exercise
of this  Warrant  and the  Exercise  Price of such  Warrant  Shares  (and  other
securities or property) after such  adjustment,  setting forth a brief statement
of the facts  requiring  such  adjustment  and setting forth the  computation by
which such adjustment was made.

            15. Notice of Corporate Action. If at any time:

                  (a) the  Company  shall  take a record of the  holders  of its
      Common  Stock for the purpose of  entitling  them to receive a dividend or
      other  distribution,  or  any  right  to  subscribe  for or  purchase  any
      evidences  of its  indebtedness,  any  shares of stock of any class or any
      other securities or property, or to receive any other right, or

                  (b) there shall be any capital  reorganization of the Company,
      any  reclassification  or  recapitalization  of the  capital  stock of the
      Company or any  consolidation  or merger of the Company with, or any sale,
      transfer or other  disposition of all or  substantially  all the property,
      assets or business of the Company to, another corporation or,

                  (c) there shall be a  voluntary  or  involuntary  dissolution,
      liquidation or winding up of the Company;

then, in any one or more of such cases,  the Company shall give to Holder (i) at
least 20 days' prior written  notice of the date on which a record date shall be
selected for such dividend,  distribution or right or for determining  rights to
vote  in  respect  of  any  such   reorganization,   reclassification,   merger,
consolidation, sale, transfer, disposition,  liquidation or winding up, and (ii)
in the case of any such reorganization, reclassification, merger, consolidation,
sale, transfer, disposition, dissolution, liquidation or winding up, at least 20
days'  prior  written  notice of the date when the same shall take  place.  Such
notice in accordance  with the foregoing  clause also shall specify (i) the date
on which  any such  record  is to be taken  for the  purpose  of such  dividend,
distribution  or right,  the date on which the holders of Common  Stock shall be
entitled  to any such  dividend,  distribution  or  right,  and the  amount  and
character  thereof,  and  (ii)  the  date  on  which  any  such  reorganization,
reclassification,    merger,   consolidation,   sale,   transfer,   disposition,
dissolution,  liquidation  or winding  up is to take place and the time,  if any
such  time is to be fixed,  as of which the  holders  of Common  Stock  shall be
entitled to exchange  their  Warrant  Shares for  securities  or other  property
deliverable upon such disposition,  dissolution, liquidation or winding up. Each
such written  notice shall be  sufficiently  given if addressed to Holder at the
last address of Holder  appearing  on the books of the Company and  delivered in
accordance with Section 17(d).

                                       11
<PAGE>

            16. Authorized  Shares. The Company covenants that during the period
the Warrant is  outstanding,  it will reserve from its  authorized  and unissued
Common  Stock a  sufficient  number of shares to provide for the issuance of the
Warrant Shares upon the exercise of any purchase rights under this Warrant.  The
Company  further  covenants  that its issuance of this Warrant shall  constitute
full authority to its officers who are charged with the duty of executing  stock
certificates  to execute and issue the  necessary  certificates  for the Warrant
Shares upon the exercise of the purchase rights under this Warrant.  The Company
will take all such  reasonable  action as may be  necessary  to assure that such
Warrant  Shares  may be issued  as  provided  herein  without  violation  of any
applicable law or regulation,  or of any requirements of the Trading Market upon
which the Common Stock may be listed.

            Except and to the extent as waived or  consented  to by the  Holder,
the Company shall not by any action, including, without limitation, amending its
certificate of incorporation or through any reorganization,  transfer of assets,
consolidation,  merger,  dissolution,  issue or sale of  securities or any other
voluntary action, avoid or seek to avoid the observance or performance of any of
the terms of this  Warrant,  but will at all times in good  faith  assist in the
carrying  out of all such terms and in the taking of all such  actions as may be
necessary  or  appropriate  to protect the rights of Holder as set forth in this
Warrant against  impairment.  Without  limiting the generality of the foregoing,
the Company will (a) not increase the par value of any Warrant  Shares above the
amount payable therefor upon such exercise immediately prior to such increase in
par value,  (b) take all such action as may be necessary or appropriate in order
that the Company may  validly  and  legally  issue fully paid and  nonassessable
Warrant  Shares upon the  exercise  of this  Warrant,  and (c) use  commercially
reasonable  efforts to obtain all such  authorizations,  exemptions  or consents
from any public regulatory body having jurisdiction  thereof as may be necessary
to enable the Company to perform its obligations under this Warrant.

            Before  taking any action which would result in an adjustment in the
number of  Warrant  Shares  for which  this  Warrant  is  exercisable  or in the
Exercise Price, the Company shall obtain all such  authorizations  or exemptions
thereof,  or consents  thereto,  as may be necessary from any public  regulatory
body or bodies having jurisdiction thereof.

            17. Miscellaneous.

            (a)  Jurisdiction.   All  questions   concerning  the  construction,
      validity,   enforcement  and  interpretation  of  this  Warrant  shall  be
      determined in accordance with the provisions of the Purchase Agreement.

            (b)  Restrictions.  The Holder  acknowledges that the Warrant Shares
      acquired upon the exercise of this Warrant,  if not registered,  will have
      restrictions upon resale imposed by state and federal securities laws.

                                       12
<PAGE>

            (c)  Nonwaiver  and  Expenses.  No course of dealing or any delay or
      failure  to  exercise  any right  hereunder  on the part of  Holder  shall
      operate as a waiver of such right or otherwise  prejudice Holder's rights,
      powers or remedies,  notwithstanding all rights hereunder terminate on the
      Termination  Date. If the Company  willfully and knowingly fails to comply
      with any provision of this Warrant,  which results in any material damages
      to the Holder,  the Company  shall pay to Holder such  amounts as shall be
      sufficient to cover any costs and expenses including,  but not limited to,
      reasonable  attorneys'  fees,  including  those of appellate  proceedings,
      incurred by Holder in  collecting  any amounts due  pursuant  hereto or in
      otherwise enforcing any of its rights, powers or remedies hereunder.

            (d)  Notices.  Any  notice,  request or other  document  required or
      permitted to be given or  delivered to the Holder by the Company  shall be
      delivered  in  accordance  with  the  notice  provisions  of the  Purchase
      Agreement.

            (e) Limitation of Liability.  No provision hereof, in the absence of
      any  affirmative  action by Holder to  exercise  this  Warrant or purchase
      Warrant Shares,  and no enumeration  herein of the rights or privileges of
      Holder,  shall give rise to any liability of Holder for the purchase price
      of any Common  Stock or as a  stockholder  of the  Company,  whether  such
      liability is asserted by the Company or by creditors of the Company.

            (f) Remedies.  Holder, in addition to being entitled to exercise all
      rights granted by law, including recovery of damages,  will be entitled to
      specific  performance of its rights under this Warrant. The Company agrees
      that  monetary  damages  would not be adequate  compensation  for any loss
      incurred by reason of a breach by it of the provisions of this Warrant and
      hereby agrees to waive the defense in any action for specific  performance
      that a remedy at law would be adequate.

            (g) Successors and Assigns.  Subject to applicable  securities laws,
      this Warrant and the rights and obligations  evidenced  hereby shall inure
      to the benefit of and be binding  upon the  successors  of the Company and
      the  successors  and permitted  assigns of Holder.  The provisions of this
      Warrant are  intended  to be for the  benefit of all Holders  from time to
      time of this Warrant and shall be enforceable by any such Holder or holder
      of Warrant Shares.

            (h)  Amendment.  This  Warrant  may be  modified  or  amended or the
      provisions  hereof waived with the written  consent of the Company and the
      Holder.

            (i) Severability.  Wherever possible, each provision of this Warrant
      shall be  interpreted  in such manner as to be  effective  and valid under
      applicable  law, but if any  provision of this Warrant shall be prohibited
      by or invalid under applicable law, such provision shall be ineffective to
      the extent of such  prohibition or invalidity,  without  invalidating  the
      remainder of such provisions or the remaining provisions of this Warrant.

            (j)  Headings.  The  headings  used  in  this  Warrant  are  for the
      convenience of reference only and shall not, for any purpose,  be deemed a
      part of this Warrant.

                              ********************

                                       13
<PAGE>

            IN  WITNESS  WHEREOF,  the  Company  has caused  this  Warrant to be
executed by its officer thereunto duly authorized.

Dated: July ___, 2004

                                        TASKER CAPITAL CORP.

                                        By:
                                           -------------------------------------
                                           Name:
                                           Title:

                                       14
<PAGE>

                               NOTICE OF EXERCISE

To:  Tasker Capital Corp.

            (1) The  undersigned  hereby  elects to  purchase  ________  Warrant
Shares of the Company  pursuant to the terms of the  attached  Warrant  (only if
exercised in full),  and tenders herewith payment of the exercise price in full,
together with all applicable transfer taxes, if any.

            (2) Payment shall take the form of (check applicable box):

                  [_] in lawful money of the United States; or

                  [_] the  cancellation  of such number of Warrant  Shares as is
                  necessary,  in  accordance  with  the  formula  set  forth  in
                  subsection  3(d), to exercise this Warrant with respect to the
                  maximum number of Warrant Shares  purchasable  pursuant to the
                  cashless exercise procedure set forth in subsection 3(d).

            (3) Please issue a certificate  or  certificates  representing  said
Warrant  Shares  in the  name of the  undersigned  or in such  other  name as is
specified below:

                  -------------------------------

The Warrant Shares shall be delivered to the following:

                  -------------------------------

                  -------------------------------

                  -------------------------------

            (4) Accredited Investor. The undersigned is an "accredited investor"
as defined in Regulation D under the Securities Act of 1933, as amended.

                                          [PURCHASER]

                                          By:
                                             -----------------------------------
                                          Name:
                                          Title:

                                          Dated:
                                                --------------------------------

<PAGE>

                                ASSIGNMENT FORM

                   (To assign the foregoing warrant, execute
                   this form and supply required information.
                 Do not use this form to exercise the warrant.)

            FOR VALUE RECEIVED,  the foregoing  Warrant and all rights evidenced
thereby are hereby assigned to

________________________________________________ whose address is

_________________________________________________________________.

---------------------------------------------------------------

                                          Dated:  ______________, _______

                  Holder's Signature: ___________________________

                  Holder's Address: _____________________________

                                    _____________________________

Signature Guaranteed: ___________________________________________

NOTE: The signature to this  Assignment Form must correspond with the name as it
appears on the face of the Warrant,  without  alteration or  enlargement  or any
change whatsoever,  and must be guaranteed by a bank or trust company.  Officers
of corporations and those acting in a fiduciary or other representative capacity
should file proper evidence of authority to assign the foregoing Warrant.EXHIBIT A

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

Original Issue Date: JULY __, 2004
Original Set Price (subject to adjustment herein): $0.20

                                                                $_______________

                              CONVERTIBLE DEBENTURE
                              DUE JULY _____, 2006

         THIS  DEBENTURE  is one of a  series  of  duly  authorized  and  issued
Convertible  Debentures of Tasker Capital Corp., a Nevada corporation,  having a
principal place of business at  _____________________________  (the  "Company"),
designated as its Convertible Debenture, due July __, 2006 (the "Debentures").

         FOR   VALUE    RECEIVED,    the    Company    promises    to   pay   to
________________________ or its registered assigns (the "Holder"), the principal
sum of  $_______________ on July __, 2006 or such earlier date as the Debentures
are  required or  permitted to be repaid as provided  hereunder  (the  "Maturity
Date").  EXCEPT AS SET FORTH IN THIS  DEBENTURE,  tHE COMPANY MAY NOT PREPAY ANY
PORTION OF THE  PRINCIPAL  AMOUNT OF THIS  DEBENTURE  WITHOUT THE PRIOR  WRITTEN
CONSENT OF THE HOLDER.

                                       1
<PAGE>

      This Debenture is subject to the following additional provisions:

      Section 1. This Debenture is exchangeable for an equal aggregate principal
amount of Debentures of different authorized denominations,  as requested by the
Holder  surrendering  the  same.  No  service  charge  will  be  made  for  such
registration of transfer or exchange.

      Section 2. This  Debenture has been issued  subject to certain  investment
representations  of the original Holder set forth in the Purchase  Agreement and
may be transferred or exchanged only in compliance  with the Purchase  Agreement
and applicable  federal and state securities laws and regulations.  Prior to due
presentment to the Company for transfer of this  Debenture,  the Company and any
agent of the Company may treat the Person in whose name this  Debenture  is duly
registered  on the  Debenture  Register  as the owner  hereof for the purpose of
receiving payment as herein provided and for all other purposes,  whether or not
this  Debenture is overdue,  and neither the Company nor any such agent shall be
affected by notice to the contrary.

      Section 3. Events of Default.

            a) "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 (A) the  principal  of amount
            of any  Debenture,  or (B)  liquidated  damages in  respect  of, any
            Debenture,  in each case free of any claim of subordination,  as and
            when the same shall become due and payable  (whether on a Conversion
            Date or the Maturity Date or by  acceleration  or  otherwise)  which
            default is not cured, within 3 Trading Days;

                  ii) the  Company  shall fail to  observe or perform  any other
            covenant or  agreement  contained  in this  Debenture  or any of the
            other  Transaction  Documents (other than a breach by the Company of
            its obligations to deliver shares of Common Stock to the Holder upon
            conversion  which  breach is  addressed in clause (xii) below) which
            failure is not cured,  if  possible  to cure,  within the earlier to
            occur of (A) 5 Trading Days after notice of such default sent by the
            Holder or by any other  Holder  and (B) 10  Trading  Days  after the
            Company shall become or should have become aware of such failure;

                  iii) a default  or event of default  (subject  to any grace or
            cure period  provided for in the applicable  agreement,  document or
            instrument)  shall occur under (A) any of the Transaction  Documents
            other  than the  Debentures,  or (B) any other  material  agreement,
            lease, document or instrument to which the Company or any Subsidiary
            is bound;

                  iv) any  representation  or warranty made herein, in any other
            Transaction  Document,  in any written statement  pursuant hereto or
            thereto, or in any other report,  financial statement or certificate
            made or delivered  to the Holder or any other  holder of  Debentures
            shall be untrue or incorrect in any material  respect as of the date
            when made or deemed made;

                                       2
<PAGE>

                  v) the Company or any of its subsidiaries  shall commence,  or
            there shall be commenced  against the Company or any such subsidiary
            a case under any applicable  bankruptcy or insolvency laws as now or
            hereafter in effect or any successor thereto,  or the Company or any
            Subsidiary  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
            thereof or there is commenced  against the Company or any subsidiary
            thereof any such  bankruptcy,  insolvency or other  proceeding which
            remains  undismissed  for a period of 60 days; or the Company or any
            subsidiary  thereof 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  thereof  suffers any
            appointment  of any custodian or the like for it or any  substantial
            part of its property which continues  undischarged or unstayed for a
            period of 60 days; or the Company or any subsidiary  thereof makes a
            general  assignment  for the  benefit of  creditors;  or 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  thereof  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 thereof
            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
            thereof for the purpose of effecting any of the foregoing;

                  vi) the Company or any Subsidiary  shall default in any of its
            obligations under 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 in an
            amount exceeding  $150,000,  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;

                  vii) the Common Stock shall not be eligible  for  quotation on
            or quoted  for  trading  on a Trading  Market and shall not again be
            eligible  for and quoted or listed for trading  thereon  within five
            Trading Days;

                  viii) the  Company  shall be a party to any  Change of Control
            Transaction,  shall  agree to sell or dispose of all or in excess of
            33% of its assets in one or more  transactions  (whether or not such
            sale  would  constitute  a Change of Control  Transaction)  or shall
            redeem  or  repurchase   more  than  a  de  minimis  number  of  its
            outstanding shares of Common Stock or other equity securities of the
            Company (other than redemptions of Conversion Shares and repurchases
            of shares of Common  Stock or other equity  securities  of departing
            officers and  directors of the Company;  provided  such  repurchases
            shall  exceed  $100,000,  in the  aggregate,  for all  officers  and
            directors during the term of this Debenture);

                                       3
<PAGE>

                  ix) a  Registration  Statement  shall not have  been  declared
            effective by the  Commission  on or prior to the 180th  calendar day
            after  the  Closing  Date or any  other  Event  (as  defined  in the
            Registration Rights Agreement) shall have occurred;

                  x) if,  during the  Effectiveness  Period  (as  defined in the
            Registration   Rights   Agreement),   the   effectiveness   of   the
            Registration Statement lapses for any reason or the Holder shall not
            be permitted  to resell  Registrable  Securities  (as defined in the
            Registration Rights Agreement) under the Registration  Statement, in
            either  case,  for  more  than  15  consecutive  Trading  Days or 25
            non-consecutive  Trading Days during any 12 month period;  provided,
            however, that in the event that the Company is negotiating a merger,
            consolidation,  acquisition or sale of all or  substantially  all of
            its assets or a similar  transaction  and in the written  opinion of
            counsel  to  the  Company,  the  Registration  Statement,  would  be
            required  to be  amended  to  include  information  concerning  such
            transactions or the parties thereto that is not available or may not
            be publicly disclosed at the time, the Company shall be permitted an
            additional  10  consecutive  Trading Days during any 12 month period
            relating to such an event;

                  xi) an Event (as defined in the Registration Rights Agreement)
            shall not have been cured to the satisfaction of the Holder prior to
            the expiration of thirty days from the Event Date (as defined in the
            Registration Rights Agreement) relating thereto (other than an Event
            resulting from a failure of an Registration Statement to be declared
            effective by the  Commission on or prior to the  Effectiveness  Date
            (as defined in the Registration  Rights  Agreement),  which shall be
            covered by Section 3(a)(vii));

                  xii)  the  Company  shall  fail  for  any  reason  to  deliver
            certificates  to a Holder  prior to the  fifth  Trading  Day after a
            Conversion  Date pursuant to and in accordance  with Section 4(b) 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 any Debentures in accordance  with
            the terms hereof; or

                                       4
<PAGE>

                  xiii) the  Company  shall fail for any  reason to deliver  the
            payment in cash pursuant to a Buy-In (as defined herein) within five
            days after notice thereof is delivered hereunder; or

                  xiv) the Company  shall not have  amended its  certificate  of
            articles of  incorporation  to increase the number of authorized but
            unissued shares of Common Stock to at least the Required  Minimum as
            of the Closing date.

      b) If any  Event of  Default  occurs,  the full  principal  amount of this
Debenture  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. The aggregate amount payable upon an Event of Default shall be equal to
the Mandatory  Prepayment Amount.  Commencing 5 days after the occurrence of any
Event of Default that results in the eventual  acceleration  of this  Debenture,
interest shall accrue at the rate of 18% per annum, or such lower maximum amount
of interest  permitted to be charged under  applicable  law. All  Debentures for
which the full Mandatory  Prepayment  Amount  hereunder  shall have been paid in
accordance  herewith  shall  promptly  be  surrendered  to or as directed by the
Company.  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  and the  Holder  shall  have all rights as a
Debenture holder until such time, if any, as the full payment under this Section
shall have been received by it. No such rescission or annulment shall affect any
subsequent Event of Default or impair any right consequent thereon.

Section 4. Conversion.

      a) i) At any time after the Original Issue Date until this Debenture is no
      longer  outstanding,  this Debenture  shall be convertible  into shares of
      Common Stock at the option of the Holder,  in whole or in part at any time
      and from time to time (subject to the  limitations on conversion set forth
      in Section  4(a)(ii)  hereof).  The Holder  shall  effect  conversions  by
      delivering to the Company the form of Notice of Conversion attached hereto
      as Annex A (a "Notice of  Conversion"),  specifying  therein the principal
      amount of Debentures to be converted and the date on which such conversion
      is to  be  effected  (a  "Conversion  Date").  If no  Conversion  Date  is
      specified in a Notice of Conversion, the Conversion Date shall be the date
      that  such  Notice  of  Conversion  is  provided   hereunder.   To  effect
      conversions  hereunder,  the Holder  shall not be required  to  physically
      surrender  Debentures to the Company unless the entire principal amount of
      this Debenture has been so converted. Conversions hereunder shall have the
      effect of lowering the outstanding  principal  amount of this Debenture in
      an amount equal to the applicable conversion. The Holder and the

                                       5
<PAGE>

      Company shall maintain  records showing the principal amount converted and
      the date of such  conversions.  The Company shall deliver any objection to
      any Notice of Conversion  within 1 Business Day of receipt of such notice.
      In the event of any  dispute  or  discrepancy,  the  records of the Holder
      shall be controlling and  determinative  in the absence of manifest error.
      The Holder and any assignee, by acceptance of this Debenture,  acknowledge
      and agree that, by reason of the provisions of this  paragraph,  following
      conversion  of a portion of this  Debenture,  the  unpaid and  unconverted
      principal  amount of this  Debenture may be less than the amount stated on
      the face hereof.

      ii)   Conversion Limitations.

                  (A) Reserved.

                  (B) The  Company  shall  not  effect  any  conversion  of this
            Debenture,  and the Holder  shall not have the right to convert  any
            portion of this Debenture, pursuant to Section 4(a)(i) or otherwise,
            to the  extent  that after  giving  effect to such  conversion,  the
            Holder (together with the Holder's affiliates),  as set forth on the
            applicable Notice of Conversion, would beneficially own in excess of
            4.99% of the  number  of  shares  of the  Common  Stock  outstanding
            immediately after giving effect to such conversion.  For purposes of
            the  foregoing  sentence,  the  number of  shares  of  Common  Stock
            beneficially  owned by the Holder and its  affiliates  shall include
            the number of shares of Common Stock  issuable  upon  conversion  of
            this  Debenture  with  respect  to which the  determination  of such
            sentence  is being made,  but shall  exclude the number of shares of
            Common  Stock  which would be issuable  upon (A)  conversion  of the
            remaining, nonconverted portion of this Debenture beneficially owned
            by the  Holder  or  any  of  its  affiliates  and  (B)  exercise  or
            conversion of the unexercised or  nonconverted  portion of any other
            securities of the Company (including,  without limitation, any other
            Debentures or the Warrants) subject to a limitation on conversion or
            exercise analogous to the limitation  contained herein  beneficially
            owned by the Holder or any of its affiliates. Except as set forth in
            the  preceding  sentence,  for  purposes of this  Section  4(a)(ii),
            beneficial  ownership shall be calculated in accordance with Section
            13(d)  of the  Exchange  Act.  To the  extent  that  the  limitation
            contained in this section applies, the determination of whether this
            Debenture is convertible (in relation to other  securities  owned by
            the Holder) and of which a portion of this  Debenture is convertible
            shall be in the sole discretion of such Holder. To ensure compliance
            with this restriction, the Holder will be deemed to represent to the
            Company  each  time it  delivers  a Notice of  Conversion  that such
            Notice of Conversion has not violated the  restrictions set forth in
            this paragraph and the Company shall have no obligation to verify or
            confirm the accuracy of such determination. For purposes of

                                       6
<PAGE>

            this Section  4(a)(ii),  in  determining  the number of  outstanding
            shares  of  Common  Stock,  the  Holder  may rely on the  number  of
            outstanding shares of Common Stock as reflected in (x) the Company's
            most recent Form  10-QSB or Form  10-KSB,  as the case may be, (y) a
            more  recent  public  announcement  by the  Company or (z) any other
            notice by the Company or the Company's  Transfer Agent setting forth
            the number of shares of Common Stock  outstanding.  Upon the written
            or oral request of the Holder,  the Company shall within two Trading
            Days  confirm  orally  and in  writing  to the  Holder the number of
            shares of Common Stock then outstanding.  In any case, the number of
            outstanding  shares of Common Stock shall be determined after giving
            effect to the  conversion  or exercise of securities of the Company,
            including this Debenture,  by the Holder or its affiliates since the
            date as of which such number of  outstanding  shares of Common Stock
            was reported.  The provisions of this Section 4(a)(ii) may be waived
            by the Holder upon, at the election of the Holder,  not less than 61
            days'  prior  notice  to the  Company,  and the  provisions  of this
            Section  4(a)(ii)(B) shall continue to apply until such 61st day (or
            such later date, as determined by the Holder, as may be specified in
            such notice of waiver).

            iii) Conversion Shares Issuable Upon Conversion of Principal Amount.
      The number of shares of Common Stock  issuable upon a conversion  shall be
      determined  by the  quotient  obtained  by  dividing  (x) the  outstanding
      principal amount of this Debenture to be converted by (y) the Set Price.

      (b) i) Not later than three Trading Days after any  Conversion  Date,  the
      Company  will  deliver  to  the  Holder  a  certificate  or   certificates
      representing  the  Conversion  Shares  which shall be free of  restrictive
      legends  and  trading  restrictions  (other  than  those  required  by the
      Purchase  Agreement)  representing  the  number of shares of Common  Stock
      being acquired upon the conversion of  Debentures.  The Company shall,  if
      available and if allowed under  applicable  securities  laws, use its best
      efforts  to  deliver  any  certificate  or  certificates  required  to  be
      delivered  by the Company  under this Section  electronically  through the
      Depository Trust Corporation or another established  clearing  corporation
      performing similar  functions.  If in the case of any Notice of Conversion
      such  certificate or  certificates  are not delivered to or as directed by
      the  applicable  Holder by the fifth Trading Day after a Conversion  Date,
      the Holder shall be entitled by written  notice to the Company at any time
      on or before its receipt of such  certificate or certificates  thereafter,
      to rescind such conversion,  in which event the Company shall  immediately
      return the  certificates  representing  the principal amount of Debentures
      tendered for conversion.

            ii) If the  Company  fails for any  reason to  deliver to the Holder
      such certificate or certificates  pursuant to Section 4(b)(i) by the third
      Trading Day after

                                       7
<PAGE>

      the  Conversion  Date,  the Company shall pay to such Holder,  in cash, as
      liquidated  damages  and not as a penalty,  for each  $5,000 of  principal
      amount  being  converted,  $50 per  Trading  Day  (increasing  to $100 per
      Trading Day after 3 Trading  Days after such  damages  begin to accrue and
      increasing  to $200 per Trading  Day 6 Trading  Days after such after such
      damages begin to accrue) for each Trading Day after such third Trading Day
      until such certificates are delivered.  The Company's obligations to issue
      and deliver the  Conversion  Shares upon  conversion of this  Debenture in
      accordance   with  the  terms  hereof  are  absolute  and   unconditional,
      irrespective  of any action or inaction by the Holder to enforce the same,
      any waiver or consent with respect to any provision  hereof,  the recovery
      of any judgment  against any Person or any action to enforce the same,  or
      any setoff,  counterclaim,  recoupment,  limitation or termination, or any
      breach  or  alleged  breach  by the  Holder  or any  other  Person  of any
      obligation to the Company or any violation or alleged  violation of law by
      the Holder or any other person, and irrespective of any other circumstance
      which might  otherwise  limit such obligation of the Company to the Holder
      in  connection  with the  issuance of such  Conversion  Shares;  provided,
      however, such delivery shall not operate as a waiver by the Company of any
      such action the Company may have against the Holder. In the event a Holder
      of this  Debenture  shall elect to convert  any or all of the  outstanding
      principal  amount hereof,  the Company may not refuse  conversion based on
      any claim that the Holder or any one  associated  or  affiliated  with the
      Holder of has been engaged in any  violation of law,  agreement or for any
      other reason,  unless, an injunction from a court, on notice,  restraining
      and or enjoining  conversion of all or part of this  Debenture  shall have
      been  sought and  obtained  and the  Company  posts a surety  bond for the
      benefit  of the Holder in the  amount of 150% of the  principal  amount of
      this Debenture outstanding, which is subject to the injunction, which bond
      shall remain in effect until the completion of  arbitration/litigation  of
      the dispute  and the  proceeds of which shall be payable to such Holder to
      the extent it obtains judgment. In the absence of an injunction precluding
      the same,  the Company shall issue  Conversion  Shares or, if  applicable,
      cash,  upon a properly  noticed  conversion.  Nothing herein shall limit a
      Holder's  right to pursue  actual  damages  or declare an Event of Default
      pursuant  to  Section  3  herein  for the  Company's  failure  to  deliver
      Conversion Shares within the period specified herein and such Holder shall
      have the right to pursue all remedies  available to it at law or in equity
      including,  without  limitation,  a decree of specific  performance and/or
      injunctive  relief. The exercise of any such rights shall not prohibit the
      Holders  from  seeking to enforce  damages  pursuant to any other  Section
      hereof or under applicable law.

            iii) In addition to any other rights available to the Holder, if the
      Company fails for any reason to deliver to the Holder such  certificate or
      certificates  pursuant to Section  4(b)(i) by the third  Trading Day after
      the  Conversion  Date,  and if after such third  Trading Day the Holder is
      required by its brokerage firm to purchase (in an open market  transaction
      or otherwise) Common

                                       8
<PAGE>

      Stock  to  deliver  in  satisfaction  of a  sale  by  such  Holder  of the
      Conversion  Shares  which  the  Holder  anticipated  receiving  upon  such
      conversion  (a  "Buy-In"),  then the Company  shall (A) pay in cash to the
      Holder (in addition to any remedies available to or elected by the Holder)
      the  amount by which (x) the  Holder's  total  purchase  price  (including
      brokerage  commissions,  if any) for the Common Stock so purchased exceeds
      (y) the product of (1) the aggregate number of shares of Common Stock that
      such Holder anticipated  receiving from the conversion at issue multiplied
      by (2) the actual  sale price of the Common  Stock at the time of the sale
      (including  brokerage  commissions,  if any) giving rise to such  purchase
      obligation and (B) at the option of the Holder,  either reissue Debentures
      in  principal  amount  equal  to the  principal  amount  of the  attempted
      conversion  or deliver to the Holder the number of shares of Common  Stock
      that  would have been  issued had the  Company  timely  complied  with its
      delivery  requirements under Section 4(b)(i).  For example,  if the Holder
      purchases Common Stock having a total purchase price of $11,000 to cover a
      Buy-In with respect to an attempted  conversion of Debentures with respect
      to which the actual sale price of the Conversion Shares at the time of the
      sale  (including  brokerage  commissions,  if  any)  giving  rise  to such
      purchase  obligation  was a  total  of  $10,000  under  clause  (A) of the
      immediately  preceding sentence,  the Company shall be required to pay the
      Holder  $1,000.  The Holder  shall  provide  the  Company  written  notice
      indicating  the  amounts  payable to the Holder in respect of the  Buy-In.
      Notwithstanding  anything  contained  herein to the contrary,  if a Holder
      requires  the  Company  to make  payment  in  respect  of a Buy-In for the
      failure to timely  deliver  certificates  hereunder and the Company timely
      pays in full such  payment,  the Company shall not be required to pay such
      Holder  liquidated  damages  under  Section  4(b)(ii)  in  respect  of the
      certificates resulting in such Buy-In.

            (c) i) THE CONVERSION  PRICE IN EFFECT ON ANY CONVERSION  DATE SHALL
      BE EQUAL TO $0.20 (SUBJECT TO ADJUSTMENT  HEREIN AND SUBJECT TO ADJUSTMENT
      PURSUANT TO SECTION 4.16 OF THE PURCHASE AGREEMENT)(THE "SET PRICE").

            ii)  If  the  Company,   at  any  time  while  the   Debentures  are
      outstanding:   (A)  shall  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
      (which,  for  avoidance  of doubt,  shall not include any shares of Common
      Stock issued by the Company  pursuant to this  Debenture),  (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 Set 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

                                        9
<PAGE>

      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.

            iii) If the Company or any subsidiary thereof, as applicable, at any
      time while Debentures are outstanding, shall offer, sell, grant any option
      to purchase or offer,  sell or grant any right to reprice its  securities,
      or otherwise  dispose of or issue (or announce any offer,  sale,  grant or
      any option to purchase or other  disposition)  any Common  Stock or Common
      Stock Equivalents  entitling any Person to acquire shares of Common Stock,
      at an  effective  price per share less than the then Set Price  ("Dilutive
      Issuance"),  as adjusted  hereunder  (if the holder of the Common Stock or
      Common Stock Equivalents so issued shall at any time, whether by operation
      of purchase price  adjustments,  reset  provisions,  floating  conversion,
      exercise or exchange prices or otherwise,  or due to warrants,  options or
      rights per share  which is issued in  connection  with such  issuance,  be
      entitled to receive shares of Common Stock at an effective price per share
      which is less than the Set Price,  such  issuance  shall be deemed to have
      occurred for less than the Set Price), then the Set Price shall be reduced
      to equal the  effective  conversion,  exchange or purchase  price for such
      Common Stock or Common Stock  Equivalents  (including any reset provisions
      thereof) at issue.  Such  adjustment  shall be made  whenever  such Common
      Stock or Common Stock Equivalents are issued. The Company shall notify the
      Holder in writing,  no later than the business day  following the issuance
      of any Common Stock or Common Stock  Equivalents  subject to this section,
      indicating  therein the applicable  issuance price, or of applicable reset
      price, exchange price, conversion price and other pricing terms.

            iv) If the Company,  at any time while  Debentures are  outstanding,
      shall  distribute  to all  holders of Common  Stock  (and not to  Holders)
      evidences of its indebtedness or assets or rights or warrants to subscribe
      for or purchase any  security,  then in each such case the Set Price shall
      be determined by multiplying such price in effect immediately prior to the
      record date fixed for  determination  of stockholders  entitled to receive
      such distribution by a fraction of which the denominator shall be the VWAP
      determined  as of the  record  date  mentioned  above,  and of  which  the
      numerator shall be such VWAP on such record date less the then fair market
      value at such  record  date of the  portion of such  assets or evidence of
      indebtedness  so distributed  applicable to one  outstanding  share of the
      Common Stock as  determined  by the Board of  Directors in good faith.  In
      either case the adjustments shall be described in a statement  provided to
      the  Holders of the  portion of assets or  evidences  of  indebtedness  so
      distributed or such subscription  rights applicable to one share of Common
      Stock.  Such  adjustment  shall be made whenever any such  distribution is
      made  and  shall  become  effective  immediately  after  the  record  date
      mentioned above.

                                       10
<PAGE>

            v) All  calculations  under  this  Section  4  shall  be made to the
      nearest  cent or the nearest  1/100th of a share,  as the case may be. For
      purposes  of this  Section  4,  the  number  of  shares  of  Common  Stock
      outstanding as of a given date shall be the sum of the number of shares of
      Common Stock (excluding treasury shares, if any) outstanding.

            vi)  Whenever  the Set Price is adjusted  pursuant to any of Section
      4(c)(ii) - (v), the Company  shall  promptly  mail to each Holder a notice
      setting  forth the Set Price after such  adjustment  and  setting  forth a
      brief  statement of the facts  requiring such  adjustment.  If the Company
      issues a variable rate security,  despite the  prohibition  thereon in the
      Purchase  Agreement,  the Company  shall be deemed to have  issued  Common
      Stock or Common Stock  Equivalents  at the lowest  possible  conversion or
      exercise  price at which such  securities may be converted or exercised in
      the case of a  Variable  Rate  Transaction  (as  defined  in the  Purchase
      Agreement),  or the lowest possible adjustment price in the case of an MFN
      Transaction (as defined in the Purchase Agreement).

            vii) If (A) the  Company  shall  declare  a  dividend  (or any other
      distribution) on the Common Stock; (B) the Company shall declare a special
      nonrecurring cash dividend on or a redemption of the Common Stock; (C) the
      Company  shall  authorize  the granting to all holders of the Common Stock
      rights or warrants  to  subscribe  for or  purchase  any shares of capital
      stock of any class or of any rights;  (D) the approval of any stockholders
      of the Company shall be required in connection  with any  reclassification
      of the Common Stock, any consolidation or merger to which the Company is a
      party, any sale or transfer of all or  substantially  all of the assets of
      the Company,  of any compulsory share exchange whereby the Common Stock is
      converted into other securities,  cash or property;  (E) the Company shall
      authorize the voluntary or involuntary dissolution, liquidation or winding
      up of the affairs of the Company;  then,  in each case,  the Company shall
      cause to be filed at each office or agency  maintained  for the purpose of
      conversion of the Debentures,  and shall cause to be mailed to the Holders
      at their last  addresses  as they shall appear upon the stock books of the
      Company,  at least 20  calendar  days  prior to the  applicable  record or
      effective  date  hereinafter  specified,  a notice stating (x) the date on
      which  a  record  is to  be  taken  for  the  purpose  of  such  dividend,
      distribution,  redemption, rights or warrants, or if a record is not to be
      taken,  the date as of which the holders of the Common  Stock of record to
      be  entitled  to  such  dividend,  distributions,  redemption,  rights  or
      warrants   are  to  be   determined   or  (y)  the  date  on  which   such
      reclassification,  consolidation, merger, sale, transfer or share exchange
      is expected to become  effective or close,  and the date as of which it is
      expected  that  holders of the Common Stock of record shall be entitled to
      exchange  their shares of the Common Stock for  securities,  cash or other
      property deliverable upon such  reclassification,  consolidation,  merger,
      sale, transfer or share exchange;  provided, that the failure to mail such
      notice or any defect  therein or in the mailing  thereof  shall not affect
      the  validity of the  corporate  action  required to be  specified in such
      notice.  Holders  are  entitled  to convert  Debentures  during the 20-day
      period  commencing  the date of such notice to the  effective  date of the
      event triggering such notice.

                                       11
<PAGE>

            viii) If, at any time while this Debenture is  outstanding,  (A) the
      Company  effects any merger or  consolidation  of the Company with or into
      another Person,  (B) the Company effects any sale of all or  substantially
      all of its  assets in one or a series  of  related  transactions,  (C) any
      tender offer or exchange offer (whether by the Company or another  Person)
      is completed  pursuant to which  holders of Common Stock are  permitted to
      tender or exchange their shares for other securities, cash or property, or
      (D) the Company  effects any  reclassification  of the Common Stock or any
      compulsory   share  exchange   pursuant  to  which  the  Common  Stock  is
      effectively  converted  into or exchanged  for other  securities,  cash or
      property (in any such case, a  "Fundamental  Transaction"),  then upon any
      subsequent  conversion of this Debenture,  the Holder shall have the right
      to receive,  for each Underlying  Share that would have been issuable upon
      such conversion  absent such  Fundamental  Transaction,  the same kind and
      amount of  securities,  cash or property as it would have been entitled to
      receive upon the  occurrence  of such  Fundamental  Transaction  if it had
      been, immediately prior to such Fundamental Transaction, the holder of one
      share of Common Stock (the "Alternate Consideration"). For purposes of any
      such conversion, the determination of the Set Price shall be appropriately
      adjusted to apply to such Alternate  Consideration  based on the amount of
      Alternate  Consideration  issuable in respect of one share of Common Stock
      in such Fundamental  Transaction,  and the Company shall apportion the Set
      Price among the Alternate  Consideration in a reasonable manner reflecting
      the  relative   value  of  any  different   components  of  the  Alternate
      Consideration.  If holders of Common  Stock are given any choice as to the
      securities,  cash or property to be received in a Fundamental Transaction,
      then the  Holder  shall  be given  the  same  choice  as to the  Alternate
      Consideration it receives upon any conversion of this Debenture  following
      such  Fundamental  Transaction.  To the extent necessary to effectuate the
      foregoing provisions,  any successor to the Company or surviving entity in
      such  Fundamental  Transaction  shall issue to the Holder a new  debenture
      consistent with the foregoing provisions and evidencing the Holder's right
      to convert such debenture into Alternate  Consideration.  The terms of any
      agreement  pursuant to which a Fundamental  Transaction  is effected shall
      include terms  requiring any such successor or surviving  entity to comply
      with the provisions of this paragraph (c) and insuring that this Debenture
      (or any such  replacement  security)  will be similarly  adjusted upon any
      subsequent transaction analogous to a Fundamental Transaction.

            ix) Notwithstanding the foregoing,  no adjustment will be made under
      this paragraph (c) in respect of an Exempt Issuances.

                                       12
<PAGE>

      (d) The  Company  covenants  that it will at all  times  reserve  and keep
available out of its authorized  and unissued  shares of Common Stock solely for
the  purpose of  issuance  upon  conversion  of the  Debentures,  each as herein
provided,  free from preemptive rights or any other actual  contingent  purchase
rights of persons other than the Holders, not less than such number of shares of
the Common Stock as shall (subject to any additional requirements of the Company
as to  reservation  of such  shares  set  forth in the  Purchase  Agreement)  be
issuable  (taking into account the adjustments and restrictions of Section 4(b))
upon the conversion of the outstanding  principal amount of the Debentures.  The
Company  covenants  that all shares of Common  Stock  that shall be so  issuable
shall,  upon  issue,  be duly and  validly  authorized,  issued and fully  paid,
nonassessable  and, if the  Registration  Statement is then effective  under the
Securities Act,  registered for public sale in accordance with such Registration
Statement.

      (e) Upon a conversion hereunder the Company shall not be required to issue
stock certificates representing fractions of shares of the Common Stock, but may
if otherwise permitted,  make a cash payment in respect of any final fraction of
a share based on the VWAP at such time. If the Company elects not, or is unable,
to make such a cash payment, the Holder shall be entitled to receive, in lieu of
the final fraction of a share, one whole share of Common Stock.

      (f) The  issuance  of  certificates  for  shares  of the  Common  Stock on
conversion of the Debentures shall be made without charge to the Holders thereof
for any documentary stamp or similar taxes that may be payable in respect of the
issue or delivery of such  certificate,  provided  that the Company shall not be
required to pay any tax that may be payable in respect of any transfer  involved
in the issuance and delivery of any such  certificate  upon conversion in a name
other than that of the Holder of such  Debentures  so converted  and the Company
shall not be required to issue or deliver such certificates  unless or until the
person or persons requesting the issuance thereof shall have paid to the Company
the  amount of such tax or shall have  established  to the  satisfaction  of the
Company that such tax has been paid.

      (g) Any and all  notices  or  other  communications  or  deliveries  to be
provided by the Holders hereunder,  including, without limitation, any Notice of
Conversion,  shall be in writing and delivered personally, by facsimile, sent by
a nationally recognized overnight courier service,  addressed to the Company, at
the address set forth above, facsimile number 203.546.3427, ATTN: ROBERT APPLEBY
or such other  address or  facsimile  number as the Company may specify for such
purposes by notice to the Holders delivered in accordance with this Section. Any
and all  notices or other  communications  or  deliveries  to be provided by the
Company  hereunder shall be in writing and delivered  personally,  by facsimile,
sent by a nationally  recognized  overnight  courier  service  addressed to each
Holder at the facsimile  telephone number or address of such Holder appearing on
the books of the Company,  or if no such facsimile  telephone  number or address
appears,  at the principal place of business of the Holder.  Any notice or other

                                       13
<PAGE>

communication or deliveries hereunder shall be deemed given and effective on the
earliest of (i) the date of  transmission,  if such notice or  communication  is
delivered  via  facsimile at the facsimile  telephone  number  specified in this
Section prior to 5:30 p.m. (New York City time), (ii) the date after the date of
transmission,  if such notice or communication is delivered via facsimile at the
facsimile  telephone  number specified in this Section later than 5:30 p.m. (New
York City time) on any date and earlier than 11:59 p.m.  (New York City time) on
such date, (iii) the second Business Day following the date of mailing,  if sent
by nationally  recognized overnight courier service, or (iv) upon actual receipt
by the party to whom such notice is required to be given.

      Section 5. Definitions.  For the purposes hereof, in addition to the terms
defined elsewhere in this Debenture: (a) capitalized terms not otherwise defined
herein have the meanings given to such terms in the Purchase Agreement,  and (b)
the following terms shall have the following meanings:

            "Business  Day"  means any day except  Saturday,  Sunday and any day
      which shall be a federal  legal  holiday in the United  States or a day on
      which  banking  institutions  in the State of New York are  authorized  or
      required by law or other government action to close.

            "Change of Control  Transaction" means the occurrence after the date
      hereof of any of (i) an acquisition after the date hereof by an individual
      or legal entity or "group" (as described in Rule  13d-5(b)(1)  promulgated
      under the Exchange  Act) of effective  control  (whether  through legal or
      beneficial  ownership  of capital  stock of the  Company,  by  contract or
      otherwise) of in excess of 33% of the voting securities of the Company, or
      (ii) a replacement  at one time or within a three year period of more than
      one-half of the members of the Company's  board of directors  which is not
      approved by a majority of those  individuals  who are members of the board
      of directors on the date hereof (or by those  individuals  who are serving
      as members of the board of directors on any date whose  nomination  to the
      board of directors  was approved by a majority of the members of the board
      of directors who are members on the date  hereof),  or (iii) the execution
      by the Company of an agreement to which the Company is a party or by which
      it is bound,  providing  for any of the events  set forth  above in (i) or
      (ii).

            "Commission" means the Securities and Exchange Commission.

            "Common  Stock" means the common stock,  $0.001 par value per share,
      of the  Company  and stock of any other  class into which such  shares may
      hereafter have been reclassified or changed.

            "Conversion  Date"  shall  have the  meaning  set  forth in  Section
      4(a)(i) hereof.

            "Conversion  Shares" means the shares of Common Stock  issuable upon
      conversion of Debentures in accordance with the terms hereof.

                                       14
<PAGE>

            "Equity  Conditions" shall mean, during the period in question,  (i)
      the  Company  shall have duly  honored  all  conversions  and  redemptions
      scheduled  to occur  or  occurring  by  virtue  of one or more  Conversion
      Notices,  if any, (ii) all  liquidated  damages and other amounts owing in
      respect  of the  Debentures  shall  have  been  paid;  (iii)  there  is an
      effective Registration Statement pursuant to which the Holder is permitted
      to utilize the prospectus  thereunder to resell all of the shares issuable
      pursuant to the Transaction  Documents (and the Company believes,  in good
      faith,  that  such  effectiveness  will  continue  uninterrupted  for  the
      foreseeable  future),  (iv) the Common  Stock is  trading  on the  Trading
      Market  and  all of  the  shares  issuable  pursuant  to  the  Transaction
      Documents  are listed for  trading on a Trading  Market  (and the  Company
      believes,  in good faith,  that  trading of the Common  Stock on a Trading
      Market will continue  uninterrupted for the foreseeable future), (v) there
      is a sufficient number of authorized but unissued and otherwise unreserved
      shares of Common  Stock for the  issuance  of all of the  shares  issuable
      pursuant  to the  Transaction  Documents,  (vi) there is then  existing no
      Event of Default or event which, with the passage of time or the giving of
      notice,  would constitute and Event of Default and (vii) all of the shares
      issued or issuable pursuant to the transaction documents in full, ignoring
      for such purposes any conversion or exercise limitation therein, would not
      violate the limitation set forth in Section 4(a)(ii)(B) and (ix) no public
      announcement  of  a  pending  or  proposed   Fundamental   Transaction  or
      acquisition transaction has occurred that has not been consummated.

            "Exchange  Act"  means  the  Securities  Exchange  Act of  1934,  as
      amended.

            "Late Fees" shall have the meaning set forth in the second paragraph
      to this Debenture.

            "Mandatory Prepayment Amount" for any Debentures shall equal the sum
      of (i) the greater of: (A) 130% of the  principal  amount of Debentures to
      be  prepaid,  or (B) the  principal  amount of  Debentures  to be  prepaid
      divided by the Set Price on (x) the date the Mandatory  Prepayment  Amount
      is  demanded or  otherwise  due or (y) the date the  Mandatory  Prepayment
      Amount is paid in full,  whichever is less,  multiplied by the VWAP on (x)
      the date the Mandatory  Prepayment  Amount is demanded or otherwise due or
      (y) the date the Mandatory Prepayment Amount is paid in full, whichever is
      greater,  and (ii) all  other  amounts,  costs,  expenses  and  liquidated
      damages due in respect of such Debentures.

            "Original  Issue Date" shall mean the date of the first  issuance of
      the Debentures  regardless of the number of transfers of any Debenture and
      regardless  of the number of  instruments  which may be issued to evidence
      such Debenture.

            "Person"  means  a  corporation,   an  association,  a  partnership,
      organization,  a  business,  an  individual,  a  government  or  political
      subdivision thereof or a governmental agency.

                                       15
<PAGE>

            "Purchase Agreement" means the Securities Purchase Agreement,  dated
      as of July __,  2004,  to which the  Company and the  original  Holder are
      parties,  as  amended,  modified  or  supplemented  from  time  to time in
      accordance with its terms.

            "Registration   Rights  Agreement"  means  the  Registration  Rights
      Agreement,  dated as of the date of the Purchase  Agreement,  to which the
      Company and the  original  Holder are  parties,  as  amended,  modified or
      supplemented from time to time in accordance with its terms.

            "Registration  Statement" means a registration statement meeting the
      requirements  set forth in the  Registration  Rights  Agreement,  covering
      among  other  things  the resale of the  Conversion  Shares and naming the
      Holder as a "selling stockholder" thereunder.

            "Securities  Act" means the Securities Act of 1933, as amended,  and
      the rules and regulations promulgated thereunder.

            "Set Price" shall have the meaning set forth in Section 4(c)(i).

            "Trading  Day" means (a) a day on which the  shares of Common  Stock
      are  traded on a Trading  Market on which the  shares of Common  Stock are
      then listed or quoted, or (b) if the shares of Common Stock are not quoted
      on a Trading Market,  a day on which the shares of Common Stock are quoted
      in the  over-the-counter  market as  reported  by the  National  Quotation
      Bureau Incorporated (or any similar  organization or agency succeeding its
      functions  of  reporting  prices);  provided,  that in the event  that the
      shares of Common  Stock are not listed or quoted as set forth in (a),  (b)
      and (c) hereof, then Trading Day shall mean a Business Day.

            "Transaction  Documents"  shall  have the  meaning  set forth in the
      Purchase Agreement.

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

                                       16
<PAGE>

      Section 6. Reserved.

      Section 7. Except as  expressly  provided  herein,  no  provision  of this
Debenture shall alter or impair the obligation of the Company, which is absolute
and unconditional,  to pay the principal of, and liquidated damages (if any) on,
this Debenture at the time, place, and rate, and in the coin or currency, herein
prescribed.  This  Debenture is a direct debt  obligation  of the Company.  This
Debenture  ranks pari passu with all other  Debentures  now or hereafter  issued
under the terms set forth herein.  The Company  acknowledges and agrees that the
amount  actually  paid for this  Debenture  is less  than the  principal  amount
issued,  such difference  representing an original issue discount to the Holder.
As long as this Debenture is outstanding,  the Company shall not and shall cause
it  subsidiaries  not to,  without  the  consent  of the  Holder,  (a) amend its
certificate of incorporation  (except to increase its authorized  Common Stock),
bylaws or other  charter  documents so as to adversely  affect any rights of the
Holder; (b) repay, repurchase or offer to repay, repurchase or otherwise acquire
more than a de  minimis  number of shares of its  Common  Stock or other  equity
securities  other than as to the  Conversion  Shares to the extent  permitted or
required  under the  Transaction  Documents  or as  otherwise  permitted  by the
Transaction  Documents;  or (c) enter into any agreement  with respect to any of
the foregoing.

      Section  8.  If  this  Debenture  shall  be  mutilated,  lost,  stolen  or
destroyed,  the Company shall execute and deliver,  in exchange and substitution
for  and  upon  cancellation  of a  mutilated  Debenture,  or in  lieu  of or in
substitution for a lost, stolen or destroyed Debenture,  a new Debenture for the
principal amount of this Debenture so mutilated,  lost,  stolen or destroyed but
only upon  receipt  of  evidence  of such  loss,  theft or  destruction  of such
Debenture,  and of the  ownership  hereof,  and  indemnity,  if  requested,  all
reasonably satisfactory to the Company.

      Section 9. So long as any portion of this  Debenture is  outstanding,  the
Company  will not and will not permit any of its  subsidiaries  to,  directly or
indirectly,   enter  into,  create,   incur,  assume  or  suffer  to  exist  any
indebtedness  or liens of any kind, on or with respect to any of its property or
assets now owned or hereafter  acquired or any income or profits  therefrom that
is senior to, or pari passu with,  in any  respect,  the  Company's  obligations
under the Debentures without the prior consent of the Holder.

      Section  10.  All  questions   concerning  the   construction,   validity,
enforcement  and  interpretation  of this  Debenture  shall be  governed  by and
construed and enforced in accordance  with the internal laws of the State of New
York,  without regard to the principles of conflicts of law thereof.  Each party
agrees that all legal proceedings  concerning the  interpretations,  enforcement
and defense of the transactions contemplated by any of the Transaction Documents
(whether brought against a party hereto or its respective affiliates, directors,
officers, shareholders, employees or agents) shall be commenced in the state and
federal courts  sitting in the City of New York,  Borough of Manhattan (the "New
York  Courts").  Each party hereto

                                       17
<PAGE>

hereby irrevocably submits to the exclusive  jurisdiction of the New York Courts
for the adjudication of any dispute hereunder or in connection  herewith or with
any transaction  contemplated hereby or discussed herein (including with respect
to the enforcement of any of the Transaction Documents),  and hereby irrevocably
waives,  and agrees not to assert in any suit,  action or proceeding,  any claim
that it is not personally subject to the jurisdiction of any such court, or such
New York Courts are improper or  inconvenient  venue for such  proceeding.  Each
party  hereby  irrevocably  waives  personal  service of process and consents to
process  being served in any such suit,  action or  proceeding by mailing a copy
thereof via registered or certified mail or overnight delivery (with evidence of
delivery)  to such party at the  address in effect for  notices to it under this
Debenture  and agrees that such service  shall  constitute  good and  sufficient
service of process and notice thereof.  Nothing contained herein shall be deemed
to limit in any way any right to serve  process in any manner  permitted by law.
Each party hereto hereby irrevocably  waives, to the fullest extent permitted by
applicable  law,  any and all  right to trial  by jury in any  legal  proceeding
arising out of or relating to this  Debenture or the  transactions  contemplated
hereby.  If either party shall  commence an action or  proceeding to enforce any
provisions  of this  Debenture,  then the  prevailing  party in such  action  or
proceeding  shall be reimbursed  by the other party for its  attorneys  fees and
other  costs and  expenses  incurred  with the  investigation,  preparation  and
prosecution of such action or proceeding.

      Section  11.  Any  waiver by the  Company or 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 Company or 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.

      Section 12. 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  violates
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 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.

                                       18
<PAGE>

      Section 13.  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.

                             *********************

                                       19
<PAGE>

      IN WITNESS WHEREOF,  the Company has caused this Convertible  Debenture to
be duly  executed  by a duly  authorized  officer  as of the  date  first  above
indicated.

                                      TASKER CAPITAL CORP.

                                      By:________________________________
                                         Name:
                                         Title:

                                       20
<PAGE>

                                     ANNEX A

                              NOTICE OF CONVERSION

The  undersigned  hereby  elects to  convert  principal  under  the  Convertible
Debenture of Tasker Capital Corp., a Nevada corporation (the "Company"),  due on
July ____,  2006,  into shares of common stock,  $0.001 par value per share (the
"Common Stock"),  of the Company  according to the conditions  hereof, as of the
date  written  below.  If shares 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 and is delivering  herewith such  certificates  and opinions as
reasonably  requested  by the Company in  accordance  therewith.  No fee will be
charged to the holder for any  conversion,  except for such transfer  taxes,  if
any.

The undersigned agrees to comply with the prospectus delivery requirements under
the applicable  securities laws in connection with any transfer of the aforesaid
shares of Common Stock.

Conversion calculations:

                               Date to Effect Conversion:

                               Principal Amount of Debentures to be Converted:

                               Number of shares of Common Stock to be issued:

                               Signature:

                               Name:

                               Address:

                                       21
<PAGE>

                                   SCHEDULE 1

                               CONVERSION SCHEDULE

Convertible  Debentures  due on July _____,  2006,  in the  aggregate  principal
amount of $____________  issued by Tasker Capital Corp. This Conversion Schedule
reflects conversions made under Section 4 of the above referenced Debenture.

                                                                Dated:

<TABLE>
<CAPTION>

==================================== ------------------------------ ========================== ------------------------------------
                                                                      Aggregate Principal
        Date of Conversion                                              Amount Remaining
   (or for first entry, Original                                    Subsequent to Conversion
            Issue Date)                  Amount of Conversion        (or original Principal              Company Attest
                                                                             Amount)
------------------------------------ ------------------------------ -------------------------- ------------------------------------
<S>                                  <C>                            <C>                        <C>

------------------------------------ ------------------------------ -------------------------- ------------------------------------

------------------------------------ ------------------------------ -------------------------- ------------------------------------

------------------------------------ ------------------------------ -------------------------- ------------------------------------

------------------------------------ ------------------------------ -------------------------- ------------------------------------

------------------------------------ ------------------------------ -------------------------- ------------------------------------

------------------------------------ ------------------------------ -------------------------- ------------------------------------

------------------------------------ ------------------------------ -------------------------- ------------------------------------

------------------------------------ ------------------------------ -------------------------- ------------------------------------

==================================== ============================== ========================== ------------------------------------
</TABLE>

                                       22

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