Document:

January
      26, 2006

    Mr.
      David
      Duquette                     (Sent
      via
      Electronic Mail)

    President
      and Chief Executive Officer

    New
      Century Companies, Inc.

    9835
      Santa Fe Springs Road

    SantaFe
      Springs, CA 90670 Dear David,

    

    Thank
      you
      for the opportunity to work with you and your company, New Century Companies,
      Inc.

    

    This
      letter agreement (the “Agreement”) confirms that New Century Companies, Inc.
      (“Client”) has engaged Ascendiant Securities, LLC (“Ascendiant”) to act on a
      best efforts basis as financial advisor and non-exclusive placement agent for
      the Client in connection with the stmcturing, issuance, and sale (the
“Transaction(s)”) of debt and/or equity securities (the “Securities”) for
      financing purposes. Ascendiant Securities, LLC is an investment banking
firm
      registered
      as a broker-dealer with the U.S. Securities and Exchange Commission (SEC),
      and
      member of the NASD and SIPC.

    

    Accordingly,
      we mutually agree as follows:

    

    
      	 	
              1.

            	
              Transactions.
                Ascendiant anticipates one or more Transactions, involving the sale
                of the
                Client’s Securities to institutional and/or accredited investors
                (“Investor” or “Investors”). The actual terms and stmcture of each
                Transaction will depend on market conditions and will be subject
                to
                negotiation between the Client and Ascendiant and prospective
                Investors.

            

    

    

    
      	 	
              2.

            	
              Engagement.
                In connection herewith, Ascendiant shall provide the following financial
                advisory and placement agent services on a best efforts basis to
                the
                Client:

            

    

    

    
      	 	
              a.

            	
              advise
                the Client with respect to the form and stmcture of each
                Transaction;

            

    

    

    
      	 	
              b.

            	
              assist
                the Client in developing any necessary
                materials;

            

    

    

    
      	 	
              c.

            	
              identify
                and make contact with prospective
                Investors;

            

    

    
      

      
        	 	
                d.

              	
                
                  assist
                    the Client in conducting presentations and due diligence meetings
                    with
                    prospective Investors;
                    and

                

              

      

      
 

      
        	ASCENDIANT INITIALS 	
                 CLIENT
                  INITIALS

              

      

    

    
 

    ASCENDIANT
      SECURITIES, LLC

    18881
      Von
      Karman Avenue, Suite 1630, Irvine, California 92612

    Tel:
      (949) 756-1010 I
      Fax:
      (949) 756-1090 I
      www.ascendiant.com

    Member
      NASD/SIPC

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	 	
              e.

            	
              provide
                such other financial advisory and investment banking services as
                are
                reasonably necessary to consummate each
                Transaction.

            

    

    

    Ascendiant
      shall devote such time and efforts to the affairs of the Client as is reasonably
      necessary to render the services contemplated by this Agreement. Any work or
      task of Ascendiant provided for herein which requires Client to provide certain
      information to assist Ascendiant in completion of the work shall be excused
      (without effect upon any obligation of Client) until such time as Client has
      fully provided all information and cooperation necessary for Ascendiant to
      complete the work. The services of Ascendiant shall not include the rendering
      of
      any legal opinions or the performance of any work that is in the ordinary
      purview of a certified public accountant.

    

    It
      is
      expressly understood and agreed that Ascendiant shall have no power to bind
      Client to any Transaction or contract obligation. Client shall have the right
      to
      refuse any Transaction proposal presented to it without incurring any
      obligations to Ascendiant. However, if and when an Ascendiant term sheet is
      signed by the Client, Client pledges to work in good faith toward a closed
      Transaction and pledges not to use the Ascendiant term sheet to “shop” offers
      from other financing sources.

    

    It
      is
      understood and agreed that the execution of this Agreement shall not be deemed
      or constmed as obligating Ascendiant to purchase any of the Securities and
      there
      is no obligation on the part of Ascendiant to place the Securities. Although
      Ascendiant cannot guarantee results on behalf of the Client, it shall use its
      best efforts to provide the services listed above.

    

    
      	 	
              3.

            	
              Success
                Fee.
                Client agrees that should Client accept and complete any Transaction(s),
                which includes without limitation proceeds from any common stock
                offerings, convertible debt or equity securities, additional investment
                rights, block trade transactions, or exercise of associated warrants
                or
                options (“Securities”) from any Investors introduced by Ascendiant during
                the term of this Agreement, which is defined in Section 6 below,
                or if
                Client should for a period of thirty-six (36) months following the
                termination of this Agreement (including extensions) accept financing
                from
                any Investors introduced, or contacted on Client’s behalf, by Ascendiant,
                there shall become due and payable via wire transfer to Ascendiant
                immediately upon consummation of each Transaction, a cash fee equal
                to
                eight percent (8%) of the gross proceeds from the sale of Securities.
                Should Ascendiant not be paid within five (5)
                business
                days after the completion of a Transaction, a service charge shall
                accme
                from the date of the Transaction at the rate of 1.5% per
                month.

            

    

    
      

      
        	 	
                4.

              	
                
                  Warrants.
                    Client agrees that should Client accept and complete any Transaction(s)
                    which includes proceeds from any common stock offerings and/or
                    convertible
                    debt or equity securities, or completion of a Securities transaction
                    as
                    provided in Section 3 above, from any Investors introduced by
                    Ascendiant
                    during the term of this Agreement, which is defined in Section
                    6 below, or
                    if Client should for a period of thirty-six (36) months following
                    the
                    termination of this Agreement (including extensions) accept financing
                    from
                    any Investors introduced, or previously contacted on Client’s behalf, by
                    Ascendiant, there shall become due and payable to Ascendiant
                    warrants for
                    the purchase of an amount equal to eight percent (8%) of the
                    Securities
                    issuable in connection with the Transaction. The warrants shall
                    be
                    exercisable into common stock, and will have a term consistent
                    with the
                    warrants issued to the Investors with an exercise price equal
                    to
                    the

                

              

      

       

    

    
      
        	ASCENDIANT INITIALS 	
                 CLIENT
                  INITIALS

              

      

      
 

      ASCENDIANT
        SECURITIES, LLC

      18881
        Von
        Karman Avenue, Suite 1630, Irvine, California 92612

      Tel:
        (949) 756-1010 I
        Fax:
        (949) 756-1090 I
        www.ascendiant.com

      Member
        NASD/SIPC

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	 	 	closing bid price on the date of the Transaction.
              The
              warrants shall contain piggyback registration rights and a net exercise
              provision.

      	 	 	 

      	 	
              5.

            	
              Expenses.
                If the Client requests that Ascendiant travel outside of Southern
                California to perform the services described herein, whether or not
                a
                Transaction is consummated, Client shall reimburse Ascendiant for
                travel-related expenses and payment shall be made within seven (7)
                days of
                invoice. The Client agrees that it will engage its legal counsel
                at its
                own expense to assist in the preparation of any legal documents or
                definitive agreements deemed necessary to facilitate the Transaction(s)
                contemplated herein.

            

    

    

    
      	 	
              6.

            	
              Term.
                The term of this Agreement shall be six (6) months from the date
                of
                Client’s execution of this Agreement. Additional extensions may be
                negotiated as necessary at the mutual written consent of the Client
                and
                Ascendiant. Should Ascendiant successfully complete a Transaction
                generating gross proceeds to Client of $3,000,000 or more, Client
                agrees
                to extend this Agreement for twelve (12) months from the date of
                the
                Transaction, with Ascendiant serving as Client’s exclusive placement agent
                with respect to institutional equity funds managed by groups domiciled
                in
                the United States. Upon the completion of the Transaction referenced
                herein generating gross proceeds to Client of $3,000,000 or more,
                Client
                shall, within three business days of the Transaction, issue to Ascendiant
                250,000 shares of Client’s restricted common stock Said shares shall be
                included in the registration statement to be filed in connection
                with the
                Transaction referenced herein.

            

    

    

    
      	 	
              7.

            	
              Representations,
                Warranties, and Indemnification.
                Each of Ascendiant and Client represents and warrants to each other
                that
                this Agreement has been duly authorized, executed and delivered by
                it;
                and, assuming the due execution by the other party, constitutes a
                legal,
                valid and binding agreement of it, enforceable against it in accordance
                with its terms. Each of Ascendiant and Client agrees to comply with
                all
                applicable securities laws, and the Client will disclose to Ascendiant
                all
                information necessary for Ascendiant to act upon Client’s request and to
                notify Ascendiant promptly of any material changes to such information.
                Client hereby represents that it shall notify Ascendiant within three
                (3)
                business days of the completion of any Securities Transaction(s)
                occurring
                during the term of this Agreement and/or involving Investors introduced
                by
                Ascendiant. Additionally, each of the Client and Ascendiant agrees
                to
                indemnif~y the other and the other’s affiliates in accordance with the
                terms and conditions contained in Exhibit A to this
                Agreement.

            

    

    
      

      
        	 	
                8.

              	
                
                  Confidentiality.
                    Ascendiant and Client each agree to keep confidential and provide
                    reasonable security measures to keep confidential information
                    where
                    release may be detrimental to their respective business interests.
                    Ascendiant and Client shall each require their employees, agents,
                    affiliates, other licensees, and others who will have access
                    to the
                    information through Ascendiant and Client respectively, to abide
                    by the
                    confidentiality provisions contemplated by this Agreement in
                    perpetuity.
                    Ascendiant will not, either during its engagement by the Client
                    pursuant
                    to this Agreement or at any time thereafter, disclose, use or
                    make known
                    for its or another’s benefit any confidential information, knowledge, or
                    data of the Client or any of its affiliates in any way acquired
                    or used by
                    Ascendiant during its engagement by the Client. Confidential
                    information,
                    knowledge or data of the Client and its affiliates shall not
                    include any
                    information that is, or becomes generally available to the public
                    other
                    than as a result of a disclosure by Ascendiant or its representatives.
                    Notwithstanding the foregoing, Client hereby authorizes Ascendiant
                    to
                    transmit to prospective Investors, information and materials
                    provided
                    by

                

              

      

       

    

    
      
        
          	ASCENDIANT INITIALS 	
                   CLIENT
                    INITIALS

                

        

        
 

        ASCENDIANT
          SECURITIES, LLC

        18881
          Von
          Karman Avenue, Suite 1630, Irvine, California 92612

        Tel:
          (949) 756-1010 I
          Fax:
          (949) 756-1090 I
          www.ascendiant.com

        Member
          NASD/SIPC

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	 	 	Client and/or developed by Ascendiant on behalf
              of Client
              upon approval by Client of such materials. Additionally, at any time
              after
              the consummation or other public announcement of the Transaction,
              Ascendiant may, at its own expense, place an announcement in such
              newspapers and publications as it may choose, stating that Ascendiant
              has
              acted as financial advisor and placement agent to the Client in connection
              with the Transaction, and may use, from time to time, the Client’s name
              and logo and a brief description of the Transaction in publications
              and/or
              marketing materials prepared and/or distributed by
              Ascendiant.

      	 	 	 

      	 	
              9.

            	
              Non-Circumvention.
                In and for valuable consideration, Client hereby agrees that Ascendiant
                may introduce (whether by written, oral, data, or other form of
                communication) Client to one or more Investors, including, without
                limitation, natural persons, corporations, limited liability companies,
                partnerships, unincorporated businesses, sole proprietorships and
                similar
                entities (hereinafter an “Investor” or “Investors”). Client further
                acknowledges and agrees that the identity of the subject Investors,
                and
                all other information concerning Investors (including without limitation,
                all mailing information, phone and fax numbers, email addresses and
                other
                contact information) introduced hereunder are the property of Ascendiant,
                and shall be treated as confidential and proprietary information
                by
                Client, its affiliates, officers, directors, shareholders, employees,
                agents, representatives, successors and assigns. Client shall not
                use such
                information, except in the context of any arrangement with Ascendiant
                in
                which Ascendiant is directly and actively involved, and never without
                Ascendiant’s prior written approval. Client further agrees that neither it
                nor its employees, affiliates or assigns, shall enter into, or otherwise
                arrange (either for it/him/herself, or any other person or entity),
                any
                Transaction, business relationship, meeting, phone call, or other
                correspondence with such Investors, either directly or indirectly,
                or
                accept any Transaction, compensation or advantage in relation to
                such
                Investors, except as directly though Ascendiant, without the prior
                written
                approval of Ascendiant. Ascendiant is relying on Client’s assent to these
                terms and their intent to be bound by the terms by evidence of their
                signature. Without Client’s signed assent to these terms, Ascendiant would
                not introduce any Investors or disclose any confidential information
                to
                Client as herein described.

            

    

    

    
      	 	
              10.

            	
              Governing
                Law.
                This Agreement shall be governed by and construed in accordance with
                the
                laws of the State of California applicable to contracts executed
                and to be
                wholly performed therein without regard to its conflict of law doctrine.
                The Client and Ascendiant hereby agree that any dispute concerning
                this
                Agreement shall be resolved through binding arbitration before the
                NASD in
                Los Angeles County pursuant to its arbitration mles. The prevailing
                party
                shall be entitled, in addition to such other relief that may be granted,
                to a reasonable sum of attorney’s fees and any other costs and expenses
                relating thereto.

            

    

    
      

      
        	 	
                11.

              	
                
                  Entire
                    Agreement.
                    This Agreement represents the entire agreement by and between
                    the Client
                    and Ascendiant and supersedes any and all other agreements, either
                    oral or
                    written, with respect to the Agreement. Each party to this Agreement
                    acknowledges that no representation, inducements, promises or
                    agreement,
                    orally or otherwise, have been made by any party, or anyone acting
                    on
                    behalf of any party, which are not embodied herein, and that
                    no other
                    agreement, statement, or promise not contained in this Agreement
                    shall be
                    valid or binding. The Client and Ascendiant hereby agree that
                    the opening
                    and closing statements of this Agreement are incorporated herein
                    by this
                    reference and made a material part of this Agreement. If any
                    part of this
                    Agreement is found, or deemed by a court of competent jurisdiction,
                    to be
                    invalid or unenforceable, that part shall be severable from the
                    remainder
                    of the Agreement. This Agreement may be executed simultaneously
                    in
                    two
                    or
                    more counterparts, each of which shall be deemed
                    an

                

              

      

       

      
        
          
            
              	ASCENDIANT INITIALS 	
                       CLIENT
                        INITIALS

                    

            

            
 

            ASCENDIANT
              SECURITIES, LLC

            18881
              Von
              Karman Avenue, Suite 1630, Irvine, California 92612

            Tel:
              (949) 756-1010 I
              Fax:
              (949) 756-1090 I
              www.ascendiant.com

            Member
              NASD/SIPC

          

        

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    
      	 	 	original,
              but all of which shall constitute one and the same instrument. Any
              modification of this Agreement will be effective only if it is in writing
              and signed by the Client and Ascendiant.

      	 	 	 

      	 	
              12.

            	
              Survival
                of Certain
                Provisions.
                Sections 3, 4, 5,
                6,
                7, 8, 9, 10, 12 and Exhibit A of this Agreement shall survive this
                Agreement, and remain operative and in full force and effect, regardless
                of, (i) the completion of any Transaction, (ii) the resignation of
                Ascendiant or any termination of Ascendiant’s services, or (iii) any
                amendment, expiration or termination of this Agreement, and shall
                be
                binding upon, and shall inure to the benefit or, any successors,
                assigns,
                heirs and personal representatives of the Client, Ascendiant, and
                the
                Indemnified Persons.

            

      	 	
               

            	
            

    

     

    Please
      initial each page, sign below, and return an original and one copy of this
      letter to the undersigned to indicate your acceptance of the terms set forth
      herein, whereupon this letter and your acceptance shall constitute a binding
      agreement by and between New Century Companies, Inc. and Ascendiant Securities,
      LLC as of the date first above written. We appreciate the opportunity to be
      of
      service and look forward to a cooperative working relationship with you and
      your
      staff

    

    
      	Sincerely,	Accepted and Agreed:
	Ascendiant Securities, LLC 	New Century Companies, Inc.
	 	 
	By:
              Bradley J. Wilhite
              
                Its:
                  Managing Director
                  
                  Date:
                    January
                    27, 2006

                

              

            	
              By:
                David Duquette
                
                Its:
                  President
                  
                  Date:
                    January 27,
                    2006

                

              

            

    

    
       

      
        
          
            
              	ASCENDIANT INITIALS 	
                       CLIENT
                        INITIALS

                    

            

            
 

            ASCENDIANT
              SECURITIES, LLC

            18881
              Von
              Karman Avenue, Suite 1630, Irvine, California 92612

            Tel:
              (949) 756-1010 I
              Fax:
              (949) 756-1090 I
              www.ascendiant.com

            Member
              NASD/SIPC

          

        

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    EXHIBIT
      A

    

    This
      Exhibit A is a part of
      and
      is
      incorporated into that certain letter agreement between New Century Companies,
      Inc. (the “Client”) and
      Ascendiant
      Securities, LLC (“Ascendiant”). The letter agreement and
      this
      Exhibit A are referred
      to herein as the “Agreement”. Capitalized terms used herein without definition
      shall have the meanings ascribed to them in the letter agreement.

    

    Each
      of
      the Client and Ascendiant (each an “Indemnifying Party”) agrees to indemnify and
      hold harmless the other, any affiliates and
      the
      respective officers, directors, partners, employees, representatives
and
      agents
      and
      any
      other
      persons controlling the other or any
      affiliates
      within the meaning of the Securities Act of 1933 or the Securities Exchange
      Act
      of 1934 (each such person or entity being referred to as an “Indemiiified
      Person”), to the fullest extent lawful, from and against, and the Indemiiified
      Persons shall have no liability to the Indemnifying Party or its owners,
      affiliates, controlling persons, security holders or creditors for, all claims,
      liabilities, losses, damages and expenses, including without limitation and
      as
      incurred, reimbursement of all costs of investigating, preparing, pursuing,
      or
      defending any such claim or action, including fees and expenses of counsel
      to,
      and the per diem costs and expenses of personnel of, the Indemiiified Person
      (collectively, “Losses”), whether or not arising out of pending or threatened
      litigation, governmental investigation, arbitration or other alternative dispute
      resolution, or other action or proceeding (individually a “Proceeding” and
      collectively “Proceedings”), directly or indirectly related to or arising out
      of, or in connection with (i) actions taken or omitted to be taken by the
      Indemnifying Party, its affiliates, employees, directors, officers, partners,
      representatives or agents in connection with any transaction or activities
      contemplated by this Agreement; (ii) actions taken or omitted to be taken by
      any
      Indemiiified Person pursuant to the terms of, or in connection with services
      rendered pursuant to, this
      Agreement,
      provided that in the case of this
      subsection
      (ii) the Indemnifying Party shall not be responsible for any Losses arising
      out
      of or based upon the willful misconduct or negligence (as determined by the
      judgment of a court of competent jurisdiction, no longer subject to appeal
      or
      further review) of or by such Indemnified Person; and (iii) any untrue statement
      or alleged untrue statement of material fact contained in any Information
      approved by the Client or any omission or alleged omission to state a material
      fact necessary to make the statements therein not misleading (other than untrue
      statements or alleged untrue statements in, or omissions or alleged omissions
      from, information relating to an Indemiiified Person furnished in writing by
      or
      on behalf of such Indemnified Person expressly for use in such Information).
      If
      the indenmification provided for under this
      Agreement
      is unavailable to an Indemiiified Person in respect of any Losses, then the
      Indemnifying Party, in lieu of indemnifying such Indemnified Person, shall
      contribute to the amount paid or payable by such Indemnified Person as a result
      of such Losses in such proportion as is appropriate to reflect the relative
      fault of the Client on the one hand and the Indemiiified Person on the other,
      as
      well as any other relevant equitable considerations. If any Proceeding is
      commenced as to which an Indemnified Person demands indemiiification, the
      Indenmified Person shall have the right to retain counsel of its own choice
      to
      represent it, the Indemnifying Party
      shall
      pay
      the reasonable fees and expenses of such counsel, and such counsel shall to
      the
      extent consistent with its professional responsibilities cooperate with the
      Indemnifying Party and any counsel designated by the Indemnifying Party
      ,
      provided,
      that in no event shall the Indemnifying Party
      be
      required to pay fees and expenses under this
      indemnity
      for more than one firm of attorneys for the Indemnified Person in any
      jurisdiction in any one legal action or group of related legal actions. The
      Indemnifying Party shall be liable as provided herein for any settlement of
      any
      claim against Ascendiant or any Indemniified Person made with the Indemnifying
      Party’s
      written
      consent, which consent shall not be unwasonably withheld. The Indemnifying
      Party
      agrees
      that it will not, without the prior written consent of Ascendiant, settle or
      compromise or consent to the entry of any judgment in any Proceeding (whether
      or
      not any Indemiiified Person is a party
      thereto)
      unless such settlement, compromise or consent includes an unconditional release
      of Ascendiant and each other Indemiiified Person from all liability arising
      or
      that may arise out of such Proceeding. The indemniity and contribution
      obligations of the Indemniifying Party
      set
      forth
      herein shall be in addition to any liability or obligation the Indemniifying
      Party may have to any Indemniified Person at common law or otherwise. The
      Indemnifying Party
      hereby
      consents to personal jurisdiction, service and venue in any court in which
      any
      claim, which is subject to this
      Agreement,
      is brought against Ascendiant or any other Indenmified Person.

    

    
      
         

        
          
            
              
                	ASCENDIANT INITIALS 	
                         CLIENT
                          INITIALS

                      

              

              
 

              ASCENDIANT
                SECURITIES, LLC

              18881
                Von
                Karman Avenue, Suite 1630, Irvine, California 92612

              Tel:
                (949) 756-1010 I
                Fax:
                (949) 756-1090 I
                www.ascendiant.com

              Member
                NASD/SIPCFORM
      OF SECURITIES PURCHASE AGREEMENT 

    

     
      

    THIS
      SECURITIES PURCHASE AGREEMENT (this
      “Agreement”)
      is
      made as of _____________, 2007, by and among Sub-Urban
      Brands, Inc. ,
      a
      Nevada corporation (the “ Company
      ”),
      and
      _________________________________________________ (including any subsequent
      holder of the Note, as defined in herein), the “ Investor
      ”).
      

     
      

    1.
       
      Promissory
      Note and Shares.
      The
      Investor hereby agrees to purchase from the Company an investment unit
      consisting of an unsecured convertible promissory note (the “ Note
      ”),
      in
      substantially the form attached hereto as Exhibit
      A ,
      and
      _________ shares of the Company’s common stock (the “ Shares
      ”).
      The
      Note shall have a principal balance of $__________ and shall be dated as of
      the date hereof. The Note shall be due and payable
      _________________________________ and shall accrue interest at ten percent
      (10%)
      per annum. The purchase price of the investment unit shall be $_________ (the
      “Purchase Price”). The Company and the Investor agree that 100% of the Purchase
      Price shall be allocated to the Note and no portion of the Purchase Price is
      allocated to the Shares. As a result, the parties agree that the Shares are
      being acquired at a discount to market in consideration of the purchase of
      the
      Note and based on, among other things, illiquidity of the Shares. 

     
      

    1.3.
       
      Closing.
      The
      closing (the “Closing”)
      of the
      purchase and sale of the Note and Shares shall take place at the offices of
      the
      Company on  __________________, 2007 (the “Closing Date”). 

     
      

    1.4.
       
      Registration
      Rights.
      The
      Company agrees to file a registration statement with the Securities and Exchange
      Commission (the “SEC”) in order to register the Shares, together with any Bonus
      Shares (as such term is defined below) (collectively, the “Registrable Shares”),
      for resale and to cause such registration to be declared effective by the SEC
      within seven (7) months of the Closing. In the event that the registration
      statement is not declared effective by the SEC on or before the seven-month
      anniversary of the Closing Date , the Company shall, at the first day of each
      calendar month thereafter and continuing for so long as the Registrable Shares
      are not registered, issue to the Investor ______ shares of common stock (the
      “Bonus Shares”). Notwithstanding the foregoing, the Company will include the
      Shares on its next Registration Statement filed with the SEC. The Investor
      specifically acknowledges that the Company currently has an obligation to
      register up to _______ shares of its common stock (together with additional
      shares to be issued on a monthly basis if such registration is not effective
      within seven months of the issuance of such shares) prior to or concurrently
      with the registration of the Shares. Such shares were issued by the Company
      on
      __________________, 2007 in connection with the issuance of up to $_______
      of
      unsecured convertible promissory notes. The Investor specifically acknowledges
      and agrees that the SEC may request that the number of shares in any
      registration statements filed by the Company for selling shareholders be cut
      back or registration delayed pursuant to the SEC’s interpretation of Rule 415 or
      other rules and regulations promulgated under the Securities Act of 1933, as
      amended. The Investor agrees that any such cut backs or delays in registration
      shall not be a breach of the Company’s obligation to register the Registrable
      Shares and shall not result in payment of Bonus Shares hereby. 

     
       
      

    2.
       
      Representations
      and Warranties of the Company.
      In
      connection with the transactions provided for herein, the Company hereby
      represents, warrants, and covenants to the Investor as of the date hereof and
      as
      of the Closing (and any subsequent closing) that: 

     
      

    2.1.
       
      Organization,
      Good Standing, and Qualification.
      The
      Company is a corporation duly organized, validly existing, and in good standing
      under the laws of the State of Nevada and has all requisite corporate power
      and
      authority to carry on its business as now conducted and as proposed to be
      conducted. The Company is duly qualified to transact business and is in good
      standing in each jurisdiction in which the failure so to qualify would have
      a
      material adverse effect on its business or properties. 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    2.2.
       
      Authorization.
      All
      corporate action on the part of the Company, its officers, directors and
      stockholders necessary for (1) the authorization, execution and delivery of
      this
      Agreement, and (2) the authorization, execution, issuance and delivery of the
      Note and Shares has been taken or will be taken prior to the Closing.

     
      

    2.4.
       
      Valid
      Issuance.
      The
      offer, sale, and issuance of the Note and Shares as contemplated by this
      Agreement are exempt from the registration requirements of the Act and
      applicable state securities laws, and will be free of restrictions on transfer
      other than restrictions on transfer under this Agreement, the Note, or
      applicable state and federal securities laws. The Shares will be duly and
      validly issued, fully paid, and non-assessable, and will be free of restrictions
      on transfer other than restrictions on transfer under applicable state and
      federal securities laws. The Conversion Shares (as defined in the Note), when
      issued in accordance with the terms of the Note, will be duly and validly
      issued, fully paid, and non-assessable, and will be free of restrictions on
      transfer other than restrictions on transfer under applicable state and federal
      securities laws 

     
      

    2.5.
       
      Enforceability.
      This
      Agreement and the Note and the transactions contemplated hereby and thereby
      constitute valid and legally binding obligations of the Company, enforceable
      in
      accordance with their respective terms, except (a) as limited by applicable
      bankruptcy, insolvency, reorganization, moratorium, and other laws of general
      application affecting enforcement of creditors’ rights generally, or (b) as
      limited by laws relating to the availability of specific performance, injunctive
      relief, or other equitable remedies. 

     
      

    3.
       
      Representations
      and Warranties of the Investor.
      In
      connection with the transactions provided for herein, the Investor hereby
      represents and warrants to the Company that: 

     
      

    3.1.
       
      Authorization.
      Unless
      Investor is an individual, Investor has taken all necessary corporate or other
      entity actions for the authorization, execution and delivery of, and the
      performance of all obligations of Investor under, this Agreement and the other
      documents delivered pursuant to this Agreement. This Agreement constitutes
      the
      Investor’s valid and legally binding obligation, enforceable in accordance with
      its terms, except (a) as limited by applicable bankruptcy, insolvency,
      reorganization, moratorium, and other laws of general application affecting
      enforcement of creditors’ rights generally, or (b) as limited by laws relating
      to the availability of specific performance, injunctive relief, or other
      equitable remedies. 

     
      

    3.2.
       
      Purchase
      Entirely for Own Account.
      Investor acknowledges that this Agreement is made with Investor in reliance
      upon
      Investor’s representation to the Company that the Investor’s Note and Shares
      will be acquired for investment for Investor’s own account, not as a nominee or
      agent, and not with a view to the resale or distribution of any part thereof,
      and that Investor has no present intention of selling, granting any
      participation in, or otherwise distributing the same. By executing this
      Agreement, Investor further represents that Investor does not have any contract,
      undertaking, agreement, or arrangement with any person to sell, transfer, or
      grant participations to such person or to any third person, with respect to
      the
      Note and Shares. 

     
      

    3.3.
       
      Disclosure
      of Information.
      Investor acknowledges that it has received all the information it considers
      necessary or appropriate for deciding whether to acquire the Note and Shares.
      Investor further represents that it has had an opportunity to ask questions
      and
      receive answers from the Company regarding the business, affairs and current
      prospects of the Company and the terms and conditions of the offering of the
      Note and Shares. 

     
      

    3.4.
       
      Investment
      Experience.
      Investor acknowledges that it is able to fend for itself, can bear the economic
      risk of the loss of its entire investment, and has such knowledge and experience
      in financial or business matters that it is capable of evaluating the merits
      and
      risks of the investment in the Note and Shares. If other than an individual,
      Investor also represents it has not been organized solely for the purpose of
      acquiring the Note and Shares. 

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     
      

    3.5.
       
      Accredited
      Investor.
      Investor is an “accredited investor” within the meaning of Rule 501(a) of
      Regulation D, promulgated under the Securities Act of 1933, as amended (the
      “Act”), as presently in effect and Investor has executed the Certificate of
      Accredited Investor Status, attached hereto as Exhibit
      B .
      

     
      

    3.6.
       
      Restricted
      Securities.
      Investor understands that the Note and Shares are characterized as “restricted
      securities” under the federal securities laws inasmuch as they are being
      acquired from the Company in a transaction not involving a public offering
      and
      that under such laws and applicable regulations such securities may be resold
      without registration under the Act only in certain limited circumstances. In
      this connection, Investor represents that it is familiar with SEC Rule 144,
      as
      presently in effect, and understands the resale limitations imposed thereby
      and
      by the Act. 

     
      

    3.7.
       
      Further
      Limitations on Disposition.
      Without
      in any way limiting the representations set forth above, Investor further agrees
      not to make any disposition of all or any portion of the Note and Shares unless
      and until: 

     
      

    (a)
       
      the
      transferee has agreed in writing for the benefit of the Company to be bound
      by
      this Section
      3;
      or

     
      

    (b)
       
      there
      is
      then in effect a registration statement under the Act covering such proposed
      disposition and such disposition is made in accordance with such registration
      statement; or 

     
      

    (c)
       
      (i)
      Investor shall have notified the Company of the proposed disposition and shall
      have furnished the Company with a detailed statement of the circumstances
      surrounding the proposed disposition, and (ii) if reasonably requested by the
      Company, Investor shall have furnished the Company with an opinion of counsel,
      reasonably satisfactory to the Company, that such disposition will not require
      registration of such shares under the Act. 

     
      

    3.8.
       
      Tax
      Consequences.
      Investor acknowledges that the tax consequences to his or her of investing
      in
      the Note and Shares will depend on his or her particular circumstances, and
      neither the Company, shareholders, agents, officers, directors, employees,
      affiliates, or consultants of any of them will be responsible or liable for
      the
      tax consequences to him or her of an investment in the Company. Investor will
      look solely to, and rely upon, his or her own advisers with respect to the
      tax
      consequences of this investment. Investor acknowledges that there can be no
      assurance that the united States Internal Revenue Code or the Treasury
      Regulations thereunder will not be amended or interpreted in the future in
      such
      a manner so as to deprive the Company and the members of some or all of the
      tax
      benefits they might now receive, nor that some of the deductions claimed by
      the
      Company or the allocations of items of income, gain, loss, deduction, or credit
      among the members may not be challenged by the Internal Revenue Service.

     
      

    3.9
       
      Legends.
      Investor agrees that the Note and Shares shall bear substantially the following
      legends, together with any additional legends required by state securities
      laws:

     
      

    “THIS
      NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
      THEY
      MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED, OR OTHERWISE
      TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER
      THE SECURITIES ACT OF 1933, AS AMENDED, OR AN OPINION OF COUNSEL SATISFACTORY
      TO
      THE BORROWER THAT REGISTRATION IS NOT REQUIRED UNDER SUCH ACT OR UNLESS SOLD
      PURSUANT TO RULE 144 UNDER SUCH ACT.” 

     
      

    “THESE
      SHARES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
      THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED, OR OTHERWISE
      TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER
      THE SECURITIES ACT OF 1933, AS AMENDED, OR AN

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    OPINION
      OF COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION IS NOT REQUIRED UNDER
      SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SUCH ACT.” 

     
      

    4.
       
      No
      Security.
      The
      Investor acknowledges that the Note is not secured by any assets of the Company
      and is subordinated in right of payment to the secured indebtedness of the
      Company. Notwithstanding the foregoing, Joseph Shortal has provided a personal
      guarantee for the Note in the form attached as Appendix
      A to
      the
      Note. 

     
      

    5.
       
      Miscellaneous.
      

     
      

    5.1.
       
      Successors
      and Assigns.
      Except
      as otherwise provided herein, the terms and conditions of this Agreement shall
      inure to the benefit of and be binding upon the respective successors and
      assigns of the parties. Nothing in this Agreement, express or implied, is
      intended to confer upon any party other than the parties hereto or their
      respective successors and assigns any rights, remedies, obligations, or
      liabilities under or by reason of this Agreement, except as expressly provided
      in this Agreement. 

     
      

    5.2.
       
      Governing
      Law.
      This
      Agreement shall be governed by and construed under the laws of the State of
      California as applied to agreements among California residents, made and to
      be
      performed entirely within the State of California. 

     
      

    5.3.
       
      Counterparts.
      This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original, but all of which together shall constitute one and the
      same
      instrument. 

     
      

    5.4.
       
      Titles
      and Subtitles.
      The
      titles and subtitles used in this Agreement are used for convenience only and
      are not to be considered in construing or interpreting this Agreement.

     
      

    5.5.
       
      Notices.
      Except
      as may be otherwise provided herein, all notices and other communications
      required or permitted hereunder shall be in writing and shall be conclusively
      deemed to have been duly given (a) when hand-delivered to the other party,
      (b)
      when received when sent by facsimile to the address and number set forth below,
      (c) three (3) business days after deposit in the U.S. mail with first class
      or
      certified mail receipt requested, postage prepaid, and addressed to the other
      party as set forth below, or (d) the next business day after deposit with
      a national overnight delivery service, postage prepaid, addressed to the
      parties as set forth below with next-business day delivery guaranteed;
provided
      ,
      however
      ,
      that
      the sending party receives a confirmation of delivery from the delivery
      service provider. 

     
      

    If
      to the
      Company: 

     
      

    Sub-Urban
      Brands, Inc. 

    8723
      Bellanca Avenue, Building A 

    Los
      Angeles, CA 90045 

    (310)
      670-0132 phone 

     
      

    If
      to the
      Investor: 

     
      

    At
      the
      address shown on the signature pages hereto. 

     
      

    5.6.
       
      Expenses;
      Reimbursement of Legal Fees. If
      any
      action at law or in equity is necessary to enforce or interpret the terms of
      this Agreement (including the exhibits hereto), the substantially prevailing
      party shall be entitled to reasonable attorneys’ fees, costs and necessary
      disbursements in addition to any other relief to which such party may be
      entitled. 

     
      

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    5.7.
       
      Entire
      Agreement: Amendments and Waivers. This
      Agreement (including the exhibits hereto) and the other documents delivered
      pursuant hereto constitute the full and entire understanding and agreement
      between the parties with regard to the subjects hereof and thereof. Any term
      of
      this Agreement may be amended and the observance of any term of this Agreement
      may be waived (either generally or in a particular instance and either
      retroactively or prospectively) only with the written consent of the Company
      and
      a majority of the Investors. Any waiver or amendment effected in accordance
      with
      this Section 6.8 shall be binding upon all the Investors and the Company.

     
      

    5.8.
       
      Severability.
      If one
      or more provisions of this Agreement are held to be unenforceable under
      applicable law, such provision shall be excluded from this Agreement and the
      balance of the Agreement shall be interpreted as if such provision were so
      excluded and shall be enforceable in accordance with its terms. 

     
      

    IN
      WITNESS WHEREOF, the parties have executed this Agreement as of the date first
      above written. 

     
      

     
      

    
      	
               
                

            	
              THE
                COMPANY: 

            
	
               
                

            	
               
                

            	
               
                

            	
               
                

            
	
               
                

            	
              SUB-URBAN
                BRANDS, INC. 

            
	
               
                

            	
               
                

            
	
               
                

            	
               
                

            	
               
                

            	
               
                

            
	
               
                

            	
              By:
                

            	
              _______________________________________________
                

            
	
               
                

            	
              Name:
                

            	
               
                

            	
               
                

            
	
               
                

            	
              Title:
                

            	
               
                

            	
               
                

            
	
               
                

            	
               
                

            	
               
                

            	
               
                

            
	
               
                

            	
              THE
                LENDER: 

            
	
               
                

            	 	
               
                

            	
               
                

            
	
               
                

            	 	
               
                

            	
               
                

            
	
               
                

            	
              By:
                

            	
              _______________________________________________
                

            
	
               
                

            	
              Name:
                

            	
              _______________________________________________
                

            
	
               
                

            	
              Title:
                

            	
              _______________________________________________
                

            
	
               
                

            	
               
                

            	 	
               
                

            
	
               
                

            	
               
                

            	
              Address:
                

            	
              ______________________________

            
	
               
                

            	
               
                

            	
              _______________________________________________
                

            
	
               
                

            	
               
                

            	
              _______________________________________________
                

            
	
               
                

            	
               
                

            	
              _______________________________________________
                

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A 

     
      

    TO
      UNIT PURCHASE AGREEMENT

     

    CONVERTIBLE
      PROMISSORY NOTE

     
      

    THIS
      CONVERTIBLE PROMISSORY NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT
      OF
      1933. NO SALE OR DISPOSITION MAY BE EFFECTED EXCEPT IN COMPLIANCE WITH RULE
      144
      UNDER SAID ACT OR AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN
      OPINION OF COUNSEL FOR THE HOLDER, SATISFACTORY TO THE COMPANY, THAT SUCH
      REGISTRATION IS NOT REQUIRED UNDER THE
      ACT OR RECEIPT OF A NO ACTION LETTER FROM THE SECURITIES AND EXCHANGE
      COMMISSION.

     

    THIS
      CONVERTIBLE PROMISSORY NOTE AND ANY SECURITIES INTO WHICH THIS CONVERTIBLE
      PROMISSORY NOTE IS CONVERTIBLE ARE SUBJECT TO RESTRICTIONS ON TRANSFER CONTAINED
      IN THAT CERTAIN NOTE PURCHASE AGREEMENT, DATED FEBRUARY 13, 2007, WHICH
      RESTRICTIONS ON TRANSFER ARE INCORPORATED HEREIN BY REFERENCE.

     
      

    CONVERTIBLE
      PROMISSORY NOTE

     

    
      	
               
                

            	
              $________
                

            	
               
                

            	
              _____________________,
                2007 

            
	
               
                

            	
              10%
                per annum 

            	
               
                

            	
              Los
                Angeles, California 

            

    

     
      

    FOR
      VALUE RECEIVED, Sub-Urban
      Brands, Inc., a Nevada corporation (“Company”), promises to pay to the order of
      ________________________________________, or its assigns (“Holder”), the
      principal sum of ___________________________ ($__________) with interest on
      the
      outstanding principal amount at the simple rate of ten percent (10%) per annum
      (calculated on the basis of a 360 day year). Interest shall commence with the
      date hereof and shall continue on the outstanding principal until paid in full
      or converted in accordance with paragraph 4. Upon the occurrence of an Event
      of
      Default, as defined below, the rate of interest accruing on the unpaid principal
      balance shall automatically and without further action by Investor be increased
      by eight (8) percentage points above the rate of interest otherwise applicable
      (the "Default Rate"), independent of whether Investor elects to accelerate
      the
      unpaid principal balance as a result of such default. 

     
      

    1.
       
      This
      note
      (the “Note”) is issued pursuant to the terms of that certain Securities Purchase
      Agreement (the “Agreement”) dated as of _________________, 2007, by and among
      Company and Holder. 

     
      

    2.
       
      Unless
      converted in accordance with Paragraph 6, this Note is due and payable on
      demand, which may be made at any time after the earlier of (i) _______________
      (the “Maturity Date”) or (ii) the occurrence of an Event of Default (as defined
      in Paragraph 5). Prepayment of principal under this Note without the express
      written consent of the Holder is not permitted except in accordance Paragraph
      6
      hereof. This Note is not secured by any assets of the Company and is
      subordinated in right of payment to the secured indebtedness of the Company.
      Notwithstanding the foregoing, Joseph Shortal has provided a personal guarantee
      for this Note in the form attached as Appendix
      A hereto.
      

     
      

    3.
       
      All
      payments of interest and principal shall be in lawful money of the United States
      of America to Holder, at the address specified in the Agreement, or at such
      other address as may be specified from time to time by Holder in a written
      notice delivered to Company. All payments shall be applied first to accrued
      interest, and thereafter to principal. 

     
      

    4.
       
      No
      fractional shares shall be issued upon conversion of this Note. In lieu of
      any
      fractional shares to which the holder would otherwise be entitled, the Company
      shall pay cash equal to the product of such fraction multiplied by the price
      per
      share paid by the Investors purchasing the Conversion Shares (subject to
      adjustment for stock splits, dividends, and recapitalizations). 

     
      

    5.
       
      Any
      of
      the following events are “Events of Default”: 

     
      

    5.1
       
      The
      Company shall fail to make any payments of principal of or interest on this
      Note
      when due, and such failure to pay continues for more than ten (10) days after
      written notice thereof from the Holder to the Company; 

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    5.2
       
      The
      Company fails to comply with or to perform when due any other material term,
      obligation, covenant, or condition contained in this Note; 

     
      

    5.3
       
      Any
      representation or statement made by the Company to the Holder in this Note
      or
      the Agreement is false or misleading in any material respect either now or
      at
      the time made; 

     
      

    5.4
       
      After
      April 1, 2007: 

     
      

    (a)
       
      The
      Company defaults under any loan, extension of credit, security agreement,
      purchase or sales agreement, or any other agreement, in favor of any other
      creditor or person that may materially affect the Company’s ability to repay
      this Note or to perform its obligations under this Note; 

     
      

    (b)
       
      The
      Company becomes insolvent, a receiver is appointed for any substantial part
      of
      its property, the Company makes an assignment for the benefit of creditors,
      or
      any proceeding is commenced by the Company (i.e. a voluntary bankruptcy
      proceeding) or against the Company under any bankruptcy or insolvency laws;
      or

     
      

    (c)
       
      A
      material adverse change occurs in the Company’s financial condition from the
      date hereof or Holder reasonably believes the prospect of payment or performance
      of the indebtedness under this Note is impaired. 

     
      

    Notwithstanding
      the immediately preceding paragraph, if any default (other than a default in
      payment or initial default of Subsections 5.4(a), (b) or (c) at _______________,
      2007) is curable and if the Company has not been given a notice of breach of
      the
      same provision of this Note within the preceding three (3) months, it may be
      cured (and no event of default will be deemed to have occurred) if the Debtor,
      after receiving written notice from Holder demanding cure of such default:
      (a)
      cures the default within thirty (30) days; or (b) if the cure requires more
      than
      thirty (30) days, immediately initiates steps which Holder deems in its sole
      discretion to be sufficient to cure the default and thereafter continues and
      completes all reasonable and necessary steps sufficient to produce compliance
      as
      soon as reasonably practical. Upon any Event of Default, the Holder may declare
      the total outstanding principal and accrued, unpaid interest to be immediately
      due and payable. All of the rights and remedies of the Holder hereunder shall
      be
      cumulative, and none of which shall be exclusive, to the extent permitted by
      law. 

     
      

    6.
       
      The
      Company may (i) prepay the outstanding principal balance and unpaid accrued
      interest of this Note in full or (ii) convert the outstanding principal balance
      and unpaid accrued interest of this Note into shares of the Company’s common
      stock (“Conversion Shares”) at a conversion price per share equal to 50% of the
      average market price during the five (5) days prior to conversion, immediately
      prior to or concurrently with the consummation of any sale of securities of
      the
      Company occurring after the date of the Agreement and having gross proceeds
      to
      the Company of at least $1,000,000. The Holder acknowledges that such Conversion
      Shares shall be subject to the terms and conditions set forth in Section 3
      of
      the Agreement and upon conversion, the Holder shall execute such documents
      or
      instruments as may be reasonable requested by the Company consistent with
      Section 3 of the Agreement. Without limiting the foregoing, the Holder
      acknowledges that the Conversion Shares will be characterized as “restricted
      securities” under the federal securities laws inasmuch as they are being
      acquired from the Company in a transaction not involving a public offering
      and
      that under such laws and applicable regulations such securities may be resold
      without registration under the Act, only in certain limited circumstances.
      As
      promptly as practicable after the date upon which conversion has occurred,
      the
      Company shall issue and deliver to the Holder a certificate or certificates
      for
      the full number of Conversion Shares to which the Holder is entitled and a
      check
      or cash with respect to any fractional interest in a Conversion Share as
      provided in Section 4. 

     
      

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    7.
       
      This
      Note
      is to be construed in accordance with and governed by the internal laws of
      the
      State of California without giving effect to any choice of law rule that would
      cause the application of the laws of any jurisdiction other than the internal
      laws of the State of California to the rights and duties of the Company and
      the
      Holder. All disputes and controversies arising out of or in connection with
      this
      Note shall be resolved exclusively by the state and federal courts located
      in
      Los Angeles County in the State of California, and each of the Company and
      the
      Holder hereto agrees to submit to the jurisdiction of said courts and agrees
      that venue shall lie exclusively with such courts. 

     
      

    8.
       
      Any
      term
      of this Note may be amended and the observance of any term of this Note may
      be
      waived (either generally or in a particular instance and either retroactively
      or
      prospectively), only with the written consent of the Company and the Holder.
      Any
      amendment or waiver effected in accordance with this paragraph shall be binding
      upon the Company and the Holder. 

     
      

    9.
       
      The
      Company and all endorsers, guarantors and sureties of this Note and all other
      persons liable or to become liable on this Note severally waive presentment
      for
      payment, demand, notice of demand and of dishonor and nonpayment of this Note,
      notice of intention to accelerate the maturity of this Note, notice of
      acceleration, protest and notice of protest, diligence in collecting, and the
      bringing of suit against any other party, and agree to all renewals, extensions,
      modifications, partial payments, in whole or in part with or without notice,
      before or after maturity. 

     
      

    10.
       
      If
      one or
      more provisions of this Note are held to be unenforceable under applicable
      law,
      such provision shall be excluded from this Note and the balance of the Note
      shall be interpreted as if such provision were so excluded and shall be
      enforceable in accordance with its terms 

     
      

    IN
      WITNESS WHEREOF, the Company has caused this Note to be duly executed by its
      officers, thereunto duly authorized, as of the date first above written.

     
      

    
      	
               
                

            	
               
                

            	
               
                

            
	
               
                

            	
              SUB-URBAN
                BRANDS, INC. 

            
	
               
                

               
                

            	
               
                

               
                

            	
               
                

               
                

            
	
               
                

            	
              By: 

            	
              ________________________

            
	
               
                

            	
            

    

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    APPENDIX
      A 

    TO
      CONVERTIBLE PROMISSORY NOTE

     

    GUARANTEE

     

    The
      undersigned, Joseph Shortal, is an Officer, Director, and principal stockholders
      of Sub-Urban Brands, Inc., a Nevada corporation (the “Company”), the maker of
      the attached promissory note (the “Note”). The undersigned unconditionally
      guarantees payment in full of all of the principal, interest and other monetary
      obligations of the Company under the Note, and the performance of all other
      terms, provisions, promises, and covenants of the Company in the Note and hereby
      consent to any extensions of time or changes in the manner of payment or
      performance of any of the terms and conditions of the Note, which the Holder
      (as
      defined in the Note) may grant to the Company, all without notice to the
      undersigned. The undersigned also agrees to indemnify and hold the Holder
      harmless against all losses (including reasonable attorneys’ and experts’ fees
      and court costs) in any way suffered or incurred or paid by Holder as a result
      of or in any way arising from a default by the Company under the Note or under
      this Guarantee by the guarantor. Nothing shall satisfy the liability of the
      undersigned except the full payment and performance of all of the obligations
      of
      the Company to the Holder under the Note. The obligations of the undersigned
      hereunder shall be direct and primary, arising in the same manner as if the
      undersigned had executed
      the Note. THE UNDERSIGNED ACKNOWLEDGES THAT THE TRANSACTION UNDER WHICH THIS
      GUARANTEE IS GIVEN IS A COMMERCIAL TRANSACTION, AND THE UNDERSIGNED WAIVES
      SUCH
      RIGHTS AS HE MAY HAVE UNDER APPLICABLE FEDERAL OR STATE LAW PERTAINING TO THE
      PREJUDGMENT REMEDIES AGAINST THE UNDERSIGNED. This guarantee shall be binding
      upon the undersigned and his respective heirs and legal representatives, and
      shall inure to the benefit of the Holder and its heirs, legal representatives,
      and assigns. 

    

     
      

    ____________________________

    Joseph
      Shortal

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

       

      EXHIBIT
        B 

    

     
      

    TO
      UNIT PURCHASE AGREEMENT

     

    CERTIFICATE
      OF ACCREDITED INVESTOR STATUS

     

    Except
      as
      may be indicated by the undersigned below, the undersigned is an “accredited
      investor,” as that term is defined in Regulation D under the Securities Act of
      1933, as amended (the “Securities
      Act”).
      The
      undersigned has initialed the box below indicating the basis on which he is
      representing his status as an “accredited investor”: 

     
      

    
      	
              ____
                

            	
              a
                bank as defined in Section 3(a)(2) of the Securities Act, or any
                savings
                and loan association or other institution as defined in Section 3(a)(5)(A)
                of the Securities Act whether acting in its individual or fiduciary
                capacity; a broker or dealer registered pursuant to Section 15 of
                the
                Securities Exchange Act of 1934, as amended (the “ Securities
                Exchange Act ”);
                an insurance company as defined in Section 2(13) of the Securities
                Act; an
                investment company registered under the Investment Company Act of
                1940 or
                a business development company as defined in Section 2(a)(48) of
                that Act;
                a small business investment company licensed by the U.S. Small Business
                Administration under Section 301(c) or (d) of the Small Business
                Investment Act of 1958; a plan established and maintained by a state,
                its
                political subdivisions, or any agency or instrumentality of a state
                or its
                political subdivisions, for the benefit of its employees, and such
                plan
                has total assets in excess of $5,000,000; an employee benefit plan
                within
                the meaning of the Employee Retirement Income Security Act of 1974,
                if the
                investment decision is made by a plan fiduciary, as defined in Section
                3(21) of such Act, which is either a bank, savings and loan association,
                insurance company, or registered investment adviser, or if the employee
                benefit plan has total assets in excess of $5,000,000 or, if a
                self-directed plan, with investment decisions made solely by persons
                that
                are “accredited investors”; 

            

    

     
      

    
      	
              ____
                

            	
              a
                private business development company as defined in Section 202(a)(22)
                of
                the Investment Advisers Act of 1940;

            

    

     
      

    
      	
              ____
                

            	
              an
                organization described in Section 501(c)(3) of the Internal Revenue
                Code,
                corporation, Massachusetts or similar business trust, or partnership,
                not
                formed for the specific purpose of acquiring the securities offered,
                with
                total assets in excess of $5,000,000;

            

    

     
      

    
      	
              ____
                

            	
              a
                natural person whose individual net worth, or joint net worth with
                the
                undersigned’s spouse, at the time of this purchase exceeds $1,000,000;
                

            

    

     
      

    
      	
              ____
                

            	
              a
                natural person who had an individual income in excess of $200,000
                in each
                of the two most recent years or joint income with the undersigned’s spouse
                in excess of $300,000 in each of those years and has a reasonable
                expectation of reaching the same income level in the current year;
                

            

    

     
      

    
      	
              ____
                

            	
              a
                trust with total assets in excess of $5,000,000, not formed for the
                specific purpose of acquiring the securities offered, whose purchase
                is
                directed by a person who has such knowledge and experience in financial
                and business matters that he is capable of evaluating the merits
                and risks
                of the prospective investment; 

            

    

     
      

    
      	
              ____
                

            	
              an
                entity in which all of the equity holders are “accredited investors” by
                virtue of their meeting one or more of the above standards; or
                

            

    

     
      

    
      	
              ____
                

            	
              an
                individual who is a director or executive officer of Sub-Urban Brands,
                Inc. 

            

    

     
      

     
      

    IN
      WITNESS WHEREOF,
      the
      undersigned has executed this Certificate of Accredited Investor Status
      effective as of __________________, _______.  
      

     
      

     
      

    By:
      ________________________ 

     
      

    Name:
      ______________________ 

     
      

    Title:
      _______________________ 

     
      

    
      
        
        

      

      
        10

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