Document:

WARRANT

THE SECURITIES  REPRESENTED BY THIS WARRANT HAVE NOT BEEN  REGISTERED  UNDER THE
SECURITIES ACT OF 1933, AS AMENDED,  OR APPLICABLE  STATE  SECURITIES  LAWS. THE
SECURITIES  HAVE BEEN ACQUIRED FOR  INVESTMENT  AND MAY NOT BE OFFERED FOR SALE,
SOLD,  TRANSFERRED  OR  ASSIGNED  IN THE  ABSENCE OF AN  EFFECTIVE  REGISTRATION
STATEMENT FOR THE SECURITIES  UNDER THE  SECURITIES ACT OF 1933, AS AMENDED,  OR
APPLICABLE  STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL IN A FORM REASONABLY
SATISFACTORY  TO THE ISSUER THAT  REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR
APPLICABLE  STATE SECURITIES LAWS OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SAID
ACT.  NOTWITHSTANDING  THE FOREGOING,  THIS WARRANT MAY BE PLEDGED IN CONNECTION
WITH A BONA FIDE MARGIN ACCOUNT.

SENSOR SYSTEM SOLUTIONS, INC.
Warrant To Purchase Common Stock

Warrant No.: TS-002

Date of Issuance: December 27, 2005

This is to certify that, FOR VALUE RECEIVED,  Trenwith Securities LLC ("Holder")
is entitled to purchase,  subject to the  provisions of this Warrant (as defined
herein),  from SENSOR SYSTEM  SOLUTIONS,  INC.  (the  "Company) up to Eighty-Six
Thousand Eight Hundred and Sixty-Six (86,866) shares ("Shares") of the Company's
Common Stock, $.01 par value per share.

1.    Warrant Granted and Cancelled.

      1.1   Trenwith  Convertible  Debenture  Warrant. The Holder is entitled to
purchase  Eighty-Six  Thousand Eight Hundred  Sixty-Six  (86,866)  Shares of the
Company's  Common  Stock at any time until 11:59 pm Eastern Time on December 23,
2009.  The exercise  price of this warrant  shall be $0.2878 per share.  All the
other  warrant  terms are the same as in the Warrant  Agreement  signed  between
Cornell Capital Partners, LP and the Company Dated on December 23, 2005.

      1.2   Trenwith Warrant Cancellation.  The Five Hundred Eleven Thousand Six
Hundred and Seven  (511,607)  warrants  granted to Trenwith on November 16, 2005
are cancelled due to the change in deal structure with Cornell Capital Partners,
LP.

2.    Governing Law;  Jurisdiction.  This  Warrant  shall  be  governed  by  and
construed in accordance  with the laws of the State of  California.  Each of the
Company and the Holder  irrevocably  consents to the  nonexclusive of the United
States federal courts and state courts located in Orange, California in any suit
or proceeding  based on or arising  under this Warrant.  Each of the Company and
the  Holder  irrevocably  waives  any  objection  to the laying of venue and the
defense of an  inconvenient  forum to the maintenance of such suit or proceeding
in  such  courts.  Each  of the  Company  and  the  Holder  agrees  that a final
nonappealable  judgment in any such suit or proceeding  shall be conclusive  and
may be enforced in other  jurisdictions by suit on such judgment or in any other
lawful manner.
<PAGE>

3.    Successors and Assigns.  The rights  evidenced  hereby shall  inure to the
benefit of and be binding upon the  successors of the Company and the successors
and permitted  assigns of the Holder hereof.  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.

4.    Amendment.  This Warrant may not be modified or amended or the  provisions
hereof waived except by the written consent of the Company and the Holder.

5.    Other Actions. The Company will not avoid or seek to avoid the  observance
or  performance of any of the terms to be observed or performed by it hereunder,
but will at all  times  in good  faith  assist  in the  carrying  out of all the
provisions  of  this  Warrant  and  in the  taking  of all  such  action  as may
reasonably  be  requested  by the Holder of this Warrant in order to protect the
economic benefit inuring to the Holder hereof and the exercise  privilege of the
Holder of this Warrant against dilution or other impairment, consistent with the
tenor and purpose of this Warrant.

      IN WITNESS WHEREOF, the  Company  has caused this Warrant to be signed  as
of the date first set forth above.

                                           SENSOR SYSTEM SOLUTIONS, INC.

                                           By:    /s/ Michael Young
                                                  -----------------
                                           Name:  Michael Young
                                           Title: Chief Executive OfficerSECURED
      PROMISSORY NOTE

    

    
      	
              $85,000.00

            	
              Los
                Angeles, California

            
	 	
              January
                19, 2006

            

    

    

    

    FOR
      VALUE
      RECEIVED, Patient Safety Technologies, Inc. (the “Maker”), a Delaware
      corporation with an office located at 1800 Century Park East, Suite 200, Los
      Angeles, CA 90067, hereby promises to pay to the order of Ault Glazer Bodnar
      Acquisition Fund LLC (the “Payee”), a Delaware limited liability company, the
      principal sum of eighty five thousand dollars ($85,000.00) plus any accrued
      interest thereon in lawful money of the United States on April 19, 2006 (the
      “Maturity Date”).

    

    Maker
      further promises to pay interest on the unpaid principal balance hereof at
      the
      rate of seven percent (7%) per annum, such interest to be paid on the Maturity
      Date. Interest shall commence accruing on the issue date and shall be calculated
      on the basis of a 365-day year and actual days elapsed. In no event shall the
      interest charged hereunder exceed the maximum permitted under the laws of the
      State of California.
      At the
      option of Maker, payments of principal and interest hereunder may be made in
      lawful money of the United States of America or, in whole or in part, of
      like-kind exchange including without limitation shares of any securities owned
      by the Maker (“Common Stock”), which shall be valued at the closing price of the
      Common Stock on the day before the Maturity Date obtained from the respective
      exchange.

    

    This
      Note
      may be prepaid in whole or in part at any time without the consent of the Maker
      provided that Payee shall pay Maker an amount in cash equal to the principal
      amount of this Note plus all accrued interest on the principal. 

    

    The
      entire unpaid principal balance of this Note and interest accrued with respect
      thereto shall be immediately due and payable upon the occurrence of any of
      the
      following (each, an “Event of Default”):

    

    a.
       
The
      Maker
      filing for relief under any bankruptcy law;

    

    b. 
The
      filing of a lien, the issuance of a levy or execution, or the seizure,
      attachment or garnishment, or the entry of judgment on or against Maker or
      any
      of Maker’s property which shall not be released, satisfied of record or bonded
      within twenty (20) days thereafter, except liens which exist as the date hereof
      or liens to which the Payee shall consent; 

    

    c. 
The
      Maker
      creates, incurs, assumes or suffers to exist any liability for borrowed money,
      except borrowings in existence or committed on the date hereof and indebtedness
      to trade creditors or financial institutions incurred in the ordinary course
      of
      business; or

    

    d. 
The
      Maker
      has failed to pay the principal and any accrued and unpaid interest on the
      Maturity Date.

    

    The
      obligations under this Note shall be secured by certain collateral of Maker
      in
      accordance with the terms of a Security Agreement entered into on the date
      hereof. 

    

    
      
        -1-

      

      
         

        
          

        

      

      
         

      

       

    

    All
      rights and remedies available to the Payee pursuant to the provisions of
      applicable law and otherwise are cumulative, not exclusive and enforceable
      alternatively, successively and/or concurrently after default by Maker pursuant
      to the provisions of this Note.

    

    The
      Maker
      waives demand, presentment, protest and notice of any kind and consents to
      the
      extension of time of payments, the release, surrender or substitution of any
      and
      all security or guarantees for the obligations evidenced hereby or other
      indulgence with respect to this Note, all without notice.

    

    This
      Note
      may not be changed, modified or terminated orally, but only by an agreement
      in
      writing, signed by the party to be charged. The Maker hereby authorizes the
      Payee to complete this Note and any particulars relating thereto according
      to
      the terms of the indebtedness evidenced hereby.

    

    In
      the
      event of any litigation with respect to the obligations evidenced by this Note,
      the Maker waives the right to a trial by jury and all rights of set-off and
      rights to interpose permissive counterclaims and cross-claims. In
      the
      event this Note shall be in default, and placed with an attorney for collection,
      then Maker agrees to pay all reasonable attorney fees and costs of collection
      of
      Holder. This
      Note
      shall be governed by and construed in accordance with the laws of the State
      of
      California and shall be binding upon the successors, assigns, heirs,
      administrators and executors of the Maker and inure to the benefit of the Payee,
      his successors, endorsees, assigns, heirs, administrators and
      executors.

    

    The
      Maker
      hereby irrevocably consents to the jurisdiction of the state and federal courts
      in Los Angeles County, California in connection with any action or proceeding
      arising out of or relating to this Note. If any term or provision of this Note
      shall be held invalid, illegal or unenforceable, the validity of all other
      terms
      and provisions hereof shall in no way be affected thereby.

     

     

    
      	 	 	PATIENT SAFETY TECHNOLOGIES,
              INC.
	 	 	 
	 	 	 
	 	 	By:
              /s/
              Louis Glazer
              MD                                   
              
	 	 	Name: Louis Glazer, M.D., Ph.G.
	 	 	Title:   Chief Executive Officer
              and Chairman

    

     

     

     

     

    
 

    
      
        -2-

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