Document:

THIS  WARRANT AND THE SHARES ISSUABLE UPON THE EXERCISE OF THIS WARRANT HAVE NOT
BEEN  REGIS-TERED  UNDER  THE  SECURITIES  ACT  OF  1933, AS AMENDED.  EXCEPT AS
OTHERWISE  SET  FORTH  HEREIN  OR IN A SECURITIES PURCHASE AGREEMENT DATED AS OF
AUGUST  31,  2004,  NEITHER  THIS  WARRANT  NOR  ANY OF SUCH SHARES MAY BE SOLD,
TRANSFERRED  OR  ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRA-TION STATEMENT
FOR SUCH SECURITIES UNDER SAID ACT OR, AN OPINION OF COUNSEL, IN FORM, SUBSTANCE
AND  SCOPE,  CUSTOMARY  FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT
REGISTRATION  IS NOT REQUIRED UNDER SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144
OR  REGULATION  S  UNDER  SUCH  ACT.

                                                                  Right to
                                                                  Purchase
                                                                  15,000 Shares
                                                                  of Common
                                                                  Stock, $.001
                                                                  par value per
                                                                  share

                             STOCK PURCHASE WARRANT

     THIS  CERTIFIES  THAT,  for value received, New Millennium Capital Partners
II,  LLC,  or  its  registered assigns, is entitled to purchase from MT Ultimate
Healthcare Corp., a Nevada corporation (the "Company"), at any time or from time
to  time  during  the  period  specified in Paragraph 2 hereof, fifteen-thousand
(15,000)  fully  paid  and  nonassessable  shares of the Company's Common Stock,
$.001  par  value per share (the "Common Stock"), at an exercise price per share
equal to $.45 (the "Exercise Price"). The term "Warrant Shares," as used herein,
refers  to  the shares of Common Stock purchasable hereunder. The Warrant Shares
and  the  Exercise  Price  are  subject to adjustment as provided in Paragraph 4
hereof.  The  term  "Warrants"  means this Warrant and the other warrants issued
pursuant  to  that certain Securities Purchase Agreement, dated August 31, 2004,
by  and  among  the  Company and the Buyers listed on the execution page thereof
(the  "Securities  Purchase  Agreement"),  including  any  additional  warrants
issuable  pursuant  to  Section  4(l)  thereof.

This  Warrant  is  subject  to  the following terms, provisions, and conditions:

     1.     MANNER  OF  EXERCISE;  ISSUANCE OF CERTIFICATES; PAYMENT FOR SHARES.
            -------------------------------------------------------------------
  Subject  to the provisions hereof, this Warrant may be exercised by the holder
hereof,  in  whole or in part, by the surrender of this Warrant, together with a
completed  exercise  agreement  in  the  form  attached  hereto  (the  "Exercise
Agreement"),  to the Company during normal business hours on any business day at
the Company's principal executive offices (or such other office or agency of the
Company  as  it  may  designate  by  notice  to the holder hereof), and upon (i)
payment  to the Company in cash, by certified or official bank check  or by wire
transfer  for  the  account of the Company of the Exercise Price for the Warrant
Shares  specified in the Exercise Agreement or (ii) if the resale of the Warrant
Shares  by  the  holder  is  not  then  registered  pursuant  to  an  effective
registration  statement  under  the  Securities  Act  of  1933,  as amended (the
"Securities Act"), delivery to the Company of a written notice of an election to
effect a "Cashless Exercise" (as defined in Section 11(c) below) for the Warrant
Shares  specified  in  the  Exercise Agreement.  The Warrant Shares so purchased
shall  be deemed to be issued to the holder hereof or such holder's designee, as
the  record  owner  of  such  shares, as of the close of business on the date on
which this Warrant shall have been surrendered, the completed Exercise Agreement
shall  have been delivered, and payment shall have been made for such shares as
set  forth  above.  Certificates  for  the  Warrant  Shares  so  purchased,
representing the aggregate number of shares specified in the Exercise Agreement,
shall  be delivered to the holder hereof within a reasonable time, not exceeding
three  (3)  business days, after this Warrant shall have been so exercised.  The
certificates  so delivered shall be in such denominations as may be requested by
the  holder  hereof  and  shall be registered in the name of such holder or such
other  name  as  shall be designated by such holder.  If this Warrant shall have
been  exercised only in part, then, unless this Warrant has expired, the Company
shall,  at its expense, at the time of delivery of such certificates, deliver to
the holder a new Warrant representing the number of shares with respect to which
this  Warrant  shall  not  then  have  been exercised.  In addition to all other
available  remedies  at  law  or  in  equity,  if  the  Company fails to deliver
certificates  for  the  Warrant Shares within three (3) business days after this
Warrant is exercised, then the Company shall pay to the holder in cash a penalty
(the  "Penalty")  equal to 2% of the number of Warrant Shares that the holder is
entitled to multiplied by the Market Price (as hereinafter defined) for each day
that  the  Company  fails  to  deliver certificates for the Warrant Shares.  For
example,  if  the  holder  is  entitled to 100,000 Warrant Shares and the Market
Price  is  $2.00,  then  the Company shall pay to the holder $4,000 for each day
that  the  Company  fails  to  deliver certificates for the Warrant Shares.  The
Penalty  shall be paid to the holder by the fifth day of the month following the
month  in  which  it  has  accrued.

<PAGE>

     Notwithstanding anything in this Warrant to the contrary, in no event shall
the  holder  of  this  Warrant  be entitled to exercise a number of Warrants (or
portions thereof) in excess of the number of Warrants (or portions thereof) upon
exercise  of  which  the  sum  of  (i)  the  number  of  shares  of Common Stock
beneficially owned by the holder and its affiliates (other than shares of Common
Stock  which  may  be  deemed  beneficially  owned  through the ownership of the
unexercised  Warrants  and  the  unexercised or unconverted portion of any other
securities  of  the  Company  (including the Notes (as defined in the Securities
Purchase Agreement)) subject to a limitation on conversion or exercise analogous
to  the  limitation  contained  herein)  and (ii) the number of shares of Common
Stock  issuable upon exercise of the Warrants (or portions thereof) with respect
to  which  the  determination  described  herein  is being made, would result in
beneficial  ownership  by the holder and its affiliates of more than 4.9% of the
outstanding  shares  of Common Stock.  For purposes of the immediately preceding
sentence,  beneficial  ownership  shall be determined in accordance with Section
13(d)  of  the Securities Exchange Act of 1934, as amended, and Regulation 13D-G
thereunder,  except  as  otherwise  provided  in  clause  (i)  of  the preceding
sentence.  Notwithstanding  anything  to  the  contrary  contained  herein,  the
limitation  on  exercise  of  this  Warrant  set forth herein may not be amended
without  (i)  the  written consent of the holder hereof and the Company and (ii)
the  approval  of  a  majority  of  shareholders  of  the  Company.

     2.     PERIOD  OF  EXERCISE.  This  Warrant  is exercisable at any time or
            --------------------
from  time  to  time  on  or  after the date on which this Warrant is issued and
delivered  pursuant to the terms of the Securities Purchase Agreement and before
6:00 p.m., New York, New York time on the fifth (5th) anniversary of the date of
issuance  (the  "Exercise  Period").

     3.     CERTAIN  AGREEMENTS  OF  THE  COMPANY.  The Company hereby covenants
            -------------------------------------
and  agrees  as  follows:

     (a)  SHARES  TO  BE  FULLY  PAID. All Warrant Shares will, upon issuance in
          ---------------------------
accordance  with  the  terms of this Warrant, be validly issued, fully paid, and
nonassessable  and  free  from all taxes, liens, and charges with respect to the
issue  thereof.

     (b) RESERVATION OF SHARES. During the Exercise Period, the Company shall at
         ---------------------
all  times  have  authorized,  and  reserved  for  the  purpose of issuance upon
exercise  of  this  Warrant,  a  sufficient  number of shares of Common Stock to
provide  for  the  exercise  of  this  Warrant.

     (c) LISTING. The Company shall promptly secure the listing of the shares of
         -------
Common Stock issuable upon exercise of the Warrant upon each national securities
exchange  or  automated  quotation  system,  if any, upon which shares of Common
Stock  are  then listed (subject to official notice of issuance upon exercise of
this  Warrant)  and  shall maintain, so long as any other shares of Common Stock
shall be so listed, such listing of all shares of Common Stock from time to time
issuable  upon  the  exercise  of this Warrant; and the Company shall so list on
each national securities exchange or automated quotation system, as the case may
be, and shall maintain such listing of, any other shares of capital stock of the
Company  issuable upon the exercise of this Warrant if and so long as any shares
of  the  same  class  shall  be  listed  on such national securities exchange or
automated  quotation  system.

     (d)  CERTAIN  ACTIONS PROHIBITED. The Company will not, by amendment of its
          ---------------------------
charter  or  through  any  re-organization,  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 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 exercise privilege of the holder of this Warrant
against  dilution  or other impairment, consistent with the tenor and purpose of
this  Warrant. Without limiting the generality of the foregoing, the Company (i)
will  not  increase  the par value of any shares of Common Stock receivable upon
the  exercise  of this Warrant above the Exercise Price then in effect, and (ii)
will  take all such actions as may be necessary or appropriate in order that the
Company  may  validly  and  legally issue fully paid and nonassessable shares of
Common  Stock  upon  the  exercise  of  this  Warrant.

     (e)  SUCCESSORS  AND  ASSIGNS. This Warrant will be binding upon any entity
          ------------------------
succeeding  to  the  Company  by merger, consolidation, or acquisition of all or
substantially  all  the  Company's  assets.

     4.     ANTIDILUTION  PROVISIONS. During  the Exercise Period, the Exercise
            ------------------------
Price  and the number of Warrant Shares shall be subject to adjustment from time
to  time  as  provided  in  this  Paragraph  4.

     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 to the
nearest  cent.

<PAGE>

     (a)  ADJUSTMENT  OF  EXERCISE  PRICE  AND NUMBER OF SHARES UPON ISSUANCE OF
          ----------------------------------------------------------------------
COMMON  STOCK.  Except as otherwise provided in Paragraphs 4(c) and 4(e) hereof,
-------------
if  and  whenever  on or after the date of issuance of this Warrant, the Company
issues  or  sells, or in accordance with Paragraph 4(b) hereof is deemed to have
issued  or  sold,  any  shares  of  Common  Stock  for no consideration or for a
consideration  per share (before deduction of reasonable expenses or commissions
or  underwriting  discounts or allowances in connection therewith) less than the
Market  Price  on the date of issuance (a "Dilutive Issuance"), then immediately
upon  the  Dilutive  Issuance,  the  Exercise  Price  will be reduced to a price
determined  by multiplying the Exercise Price in effect immediately prior to the
Dilutive  Issuance  by a fraction, (i) the numerator of which is an amount equal
to  the  sum  of  (x)  the number of shares of Common Stock actually outstanding
immediately  prior  to  the  Dilutive  Issuance,  plus  (y)  the quotient of the
aggregate  consideration,  calculated  as  set  forth  in Paragraph 4(b) hereof,
received  by the Company upon such Dilutive Issuance divided by the Market Price
in  effect  immediately prior to the Dilutive Issuance, and (ii) the denominator
of  which  is  the total number of shares of Common Stock Deemed Outstanding (as
defined  below)  immediately  after  the  Dilutive  Issuance.

     (b) EFFECT ON EXERCISE PRICE OF CERTAIN EVENTS. For purposes of determining
         ------------------------------------------
the  adjusted  Exercise Price under Paragraph 4(a) hereof, the following will be
applicable:

          (i) 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 other
     securities  convertible into or exchangeable for Common Stock ("Convertible
     Securities") (such warrants, rights and options to purchase Common Stock or
     Convertible  Securities  are  hereinafter referred to as "Options") and the
     price  per  share  for  which Common Stock is issuable upon the exercise of
     such Options is less than the Market Price on the date of issuance or grant
     of  such  Options,  then the maximum total number of shares of Common Stock
     issuable  upon the exercise of all such Options will, as of the date of the
     issuance  or grant of such Options, be deemed to be outstanding and to have
     been  issued and sold by the Company for such price per share. For purposes
     of  the  preceding sentence, the "price per share for which Common Stock is
     issuable  upon  the exercise of such 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 Options, plus the
     minimum  aggregate  amount  of additional consideration, if any, payable to
     the  Company  upon  the  exercise of all such Options, plus, in the case of
     Convertible  Securities  issuable  upon  the  exercise of such Options, the
     minimum  aggregate  amount  of  additional  consideration  payable upon the
     conversion  or  exchange  thereof  at  the time such Convertible Securities
     first  become convertible or exchangeable, by (ii) the maximum total number
     of  shares  of  Common Stock issuable upon the exercise of all such Options
     (assuming  full  conversion  of  Convertible Securities, 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 Options or upon the
     conversion  or exchange of Convertible Securities issuable upon exercise of
     such  Options.

<PAGE>

          (ii)  ISSUANCE OF CONVERTIBLE SECURITIES. If the Company in any manner
                ----------------------------------
     issues  or  sells  any  Convertible  Securities, whether or not immediately
     convertible  (other  than  where the same are issuable upon the exercise of
     Options)  and  the  price per share for which Common Stock is issuable upon
     such  conversion  or  exchange is less than the Market Price on the date of
     issuance,  then the maximum total number of shares of Common Stock issuable
     upon the conversion or exchange of all such Convertible Securities will, as
     of the date of the issuance of such Convertible Securities, be deemed to be
     outstanding  and to have been issued and sold by the Company for such price
     per share. For the purposes of the preceding sentence, the "price per share
     for  which  Common  Stock  is issuable upon such 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
     Convertible  Securities,  plus  the  minimum aggregate amount of additional
     consideration,  if  any,  payable  to  the  Company  upon the conversion or
     exchange  thereof  at  the  time  such  Convertible Securities first become
     convertible  or exchangeable, by (ii) the maximum total number of shares of
     Common  Stock  issuable  upon  the  conversion  or  exchange  of  all  such
     Convertible Securities. No further adjustment to the Exercise Price will be
     made  upon  the  actual  issuance  of  such Common Stock upon conversion or
     exchange  of  such  Convertible  Securities.

          (iii)  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 conversion or
     exchange  of  any  Convertible  Securities;  or (iii) the rate at which any
     Convertible  Securities  are  convertible  into  or exchangeable for Common
     Stock  (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 Convertible Securities 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.

          (iv)  TREATMENT  OF  EXPIRED  OPTIONS  AND  UNEXERCISED  CONVERTIBLE
                ---------------------------------------------------------------
     SECURITIES.  If,  in  any  case, the total number of shares of Common Stock
     ----------
     issuable  upon exercise of any Option or upon conversion or exchange of any
     Convertible  Securities  is not, in fact, issued and the rights to exercise
     such  Option  or  to  convert or exchange such Convertible Securities shall
     have  expired  or  terminated,  the  Exercise  Price then in effect will be
     readjusted  to  the  Exercise  Price which would have been in effect at the
     time  of  such  expiration  or  termination  had such Option or Convertible
     Securities,  to the extent outstanding immediately prior to such expiration
     or  termination  (other  than  in respect of the actual number of shares of
     Common  Stock  issued  upon  exercise  or  conversion  thereof), never been
     issued.

          (v)  CALCULATION  OF  CONSIDERATION  RECEIVED.  If  any  Common Stock,
               ----------------------------------------
     Options or Convertible Securities 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 Convertible Securities
     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 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 Market Price thereof as
     of  the  date  of receipt. In case any Common Stock, Options or Convertible
     Securities  are  issued  in  connection  with  any  acquisition,  merger or
     consolidation in which the Company is the surviving corporation, the amount
     of  consideration  therefor  will  be  deemed  to be the fair value of such
     portion  of the net assets and business of the non-surviving corporation as
     is attributable to such Common Stock, Options or Convertible Securities, as
     the  case  may  be.  The fair value of any consideration other than cash or
     securities  will  be  determined in good faith by the Board of Directors of
     the  Company.

<PAGE>

          (vi)  EXCEPTIONS TO ADJUSTMENT OF EXERCISE PRICE. No adjustment to the
                ------------------------------------------
     Exercise  Price will be made (i) upon the exercise of any warrants, options
     or  convertible  securities  granted, issued and outstanding on the date of
     issuance  of  this Warrant; (ii) upon the grant or exercise of any stock or
     options  which  may  hereafter  be  granted or exercised under any employee
     benefit plan, stock option plan or restricted stock plan of the Company now
     existing  or  to  be  implemented in the future, so long as the issuance of
     such  stock or options is approved by a majority of the independent members
     of  the Board of Directors of the Company or a majority of the members of a
     committee  of  independent directors established for such purpose; or (iii)
     upon  the  exercise  of  the  Warrants.

     (c)  SUBDIVISION OR COMBINATION OF COMMON STOCK. If the Company at any time
          -------------------------------------------
subdivides  (by  any  stock  split,  stock  dividend,  recapitalization,
reorganization,  reclassification  or  otherwise)  the  shares  of  Common Stock
acquirable  hereunder  into  a greater number of shares, then, after the date of
record  for effecting such subdivision, the Exercise Price in effect immediately
prior to such subdivision will be proportionately reduced. If the Company at any
time  combines  (by  reverse  stock  split,  recapitalization,  reorganization,
reclassification  or  otherwise) the shares of Common Stock acquirable hereunder
into  a  smaller  number of shares, then, after the date of record for effecting
such  combination,  the  Exercise  Price  in  effect  immediately  prior to such
combination  will  be  proportionately  increased.

     (d)  ADJUSTMENT  IN  NUMBER OF SHARES. Upon each adjustment of the Exercise
          --------------------------------
Price  pursuant  to  the provisions of this Paragraph 4, the number of shares of
Common  Stock  issuable  upon  exercise  of  this  Warrant  shall be adjusted by
multiplying  a number equal to the Exercise Price in effect immediately prior to
such  adjustment  by the number of shares of Common Stock issuable upon exercise
of this Warrant immediately prior to such adjustment and dividing the product so
obtained  by  the  adjusted  Exercise  Price.

     (e)  CONSOLIDATION,  MERGER  OR  SALE.  In case of any consolidation of the
          --------------------------------
Company with, or merger of the Company into any other corporation, or in case of
any  sale or conveyance of all or substantially all of the assets of the Company
other  than  in  connection  with a plan of complete liquidation of the Company,
then  as  a  condition  of  such  consolidation,  merger  or sale or conveyance,
adequate provision will be made whereby the holder of this Warrant will have the
right to acquire and receive upon exercise of this Warrant in lieu of the shares
of  Common  Stock  immediately  theretofore acquirable upon the exercise of this
Warrant,  such shares of stock, securities or assets as may be issued or payable
with  respect  to  or  in  exchange  for  the  number  of shares of Common Stock
immediately  theretofore acquirable and receivable upon exercise of this Warrant
had  such  consolidation,  merger  or sale or conveyance not taken place. In any
such  case,  the  Company  will  make  appropriate  provision to insure that the
provisions of this Paragraph 4 hereof will thereafter be applicable as nearly as
may  be  in relation to any shares of stock or securities thereafter deliverable
upon  the  exercise  of  this  Warrant.  The  Company  will  not  effect  any
consolidation,  merger  or  sale  or conveyance unless prior to the consummation
thereof,  the  successor  corporation  (if  other  than  the Company) assumes by
written instrument the obligations under this Paragraph 4 and the obligations to
deliver to the holder of this Warrant such shares of stock, securities or assets
as,  in  accordance with the foregoing provisions, the holder may be entitled to
acquire.

<PAGE>

     (f)  DISTRIBUTION  OF ASSETS. In case the Company shall declare or make any
          -----------------------
distribution  of  its  assets  (including  cash) to holders of Common Stock as a
partial  liquidating  dividend,  by way of return of capital or otherwise, then,
after  the  date  of  record  for  determining  shareholders  entitled  to  such
distribution,  but prior to the date of distribution, the holder of this Warrant
shall  be  entitled upon exercise of this Warrant for the purchase of any or all
of  the  shares  of  Common  Stock subject hereto, to receive the amount of such
assets  which  would  have  been  payable to the holder had such holder been the
holder  of  such shares of Common Stock on the record date for the determination
of  shareholders  entitled  to  such  distribution.

     (g)  NOTICE  OF ADJUSTMENT. Upon the occurrence of any event which requires
          ---------------------
any  adjustment  of the Exercise Price, then, and in each such case, the Company
shall  give  notice  thereof  to  the holder of this Warrant, which notice shall
state  the  Exercise  Price  resulting  from such adjustment and the increase or
decrease  in  the  number  of  Warrant  Shares  purchasable  at  such price upon
exercise,  setting  forth in reasonable detail the method of calculation and the
facts  upon which such calculation is based. Such calculation shall be certified
by  the  Chief  Financial  Officer  of  the  Company.

     (h)  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.

     (i)  NO  FRACTIONAL  SHARES. No fractional shares of Common Stock are to be
          ----------------------
issued  upon  the  exercise  of  this  Warrant, but the Company shall pay a cash
adjustment  in respect of any fractional share which would otherwise be issuable
in an amount equal to the same fraction of the Market Price of a share of Common
Stock  on  the  date  of  such  exercise.

     (j)  OTHER  NOTICES.  In  case  at  any  time:
          --------------

          (i)  the  Company  shall  declare  any  dividend upon the Common Stock
     payable  in  shares  of  stock  of any class or make any other distribution
     (including  dividends  or  distributions  payable  in  cash out of retained
     earnings)  to  the  holders  of  the  Common  Stock;

          (ii)  the Company shall offer for subscription pro rata to the holders
     of  the  Common  Stock any additional shares of stock of any class or other
     rights;

          (iii)  there  shall  be  any capital reorganization of the Company, or
     reclassification  of  the  Common  Stock, or consolidation or merger of the
     Company  with  or  into, or sale of all or substantially all its assets to,
     another  corporation  or  entity;  or

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

<PAGE>

     then,  in  each  such  case,  the  Company shall give to the holder of this
     Warrant  (a)  notice  of  the  date on which the books of the Company shall
     close  or  a  record  shall  be taken for determining the holders of Common
     Stock entitled to receive any such divi-dend, distribution, or subscription
     rights  or  for determining the holders of Common Stock entitled to vote in
     respect  of  any  such  reorganization,  reclassification,  consolidation,
     merger, sale, dissolution, liquidation or winding-up and (b) in the case of
     any  such  reorganization,  reclassification,  consolidation, merger, sale,
     dissolution, liquidation or winding-up, notice of the date (or, if not then
     known,  a  reasonable  approximation  thereof by the Company) when the same
     shall  take  place.  Such  notice  shall also specify the date on which the
     holders  of  Common  Stock  shall  be  entitled  to  receive such dividend,
     distribution,  or subscription rights or to exchange their Common Stock for
     stock or other securities or property deliverable upon such reorganization,
     re-classification,  consolidation,  merger, sale, dissolution, liquidation,
     or  winding-up,  as the case may be. Such notice shall be given at least 30
     days  prior to the record date or the date on which the Company's books are
     closed  in  respect  thereto. Failure to give any such notice or any defect
     therein  shall  not  affect  the validity of the proceedings referred to in
     clauses  (i),  (ii),  (iii)  and  (iv)  above.

     (k)  CERTAIN  EVENTS.  If  any event occurs of the type contemplated by the
          ---------------
adjustment provisions of this Paragraph 4 but not expressly provided for by such
provisions,  the Company will give notice of such event as provided in Paragraph
4(g)  hereof,  and  the  Company's  Board  of Directors will make an appropriate
adjustment  in  the  Exercise  Price  and  the  number of shares of Common Stock
acquirable  upon exercise of this Warrant so that the rights of the holder shall
be  neither  enhanced  nor  diminished  by  such  event.

     (l)  CERTAIN  DEFINITIONS.
           --------------------

          (i)  "COMMON STOCK DEEMED OUTSTANDING" shall mean the number of shares
                -------------------------------
     of  Common Stock actually outstanding (not including shares of Common Stock
     held  in  the  treasury  of  the  Company),  plus (x) pursuant to Paragraph
     4(b)(i) hereof, the maximum total number of shares of Common Stock issuable
     upon  the  exercise of Options, as of the date of such issuance or grant of
     such  Options,  if  any, and (y) pursuant to Paragraph 4(b)(ii) hereof, the
     maximum  total number of shares of Common Stock issuable upon conversion or
     exchange  of  Convertible  Securities,  as  of the date of issuance of such
     Convertible  Securities,  if  any.

          (ii) "MARKET PRICE," as of any date, (i) means the average of the last
                ------------
     reported  sale  prices  for the shares of Common Stock on the OTCBB for the
     five  (5)  Trading  Days  immediately  preceding  such  date as reported by
     Bloomberg, or (ii) if the OTCBB is not the principal trading market for the
     shares of Common Stock, the average of the last reported sale prices on the
     principal  trading  market  for  the Common Stock during the same period as
     reported  by Bloomberg, or (iii) if market value cannot be calculated as of
     such date on any of the foregoing bases, the Market Price shall be the fair
     market  value  as  reasonably  determined in good faith by (a) the Board of
     Directors of the Company or, at the option of a majority-in-interest of the
     holders  of  the outstanding Warrants by (b) an independent investment bank
     of nationally recognized standing in the valuation of businesses similar to
     the business of the corporation. The manner of determining the Market Price
     of  the Common Stock set forth in the foregoing definition shall apply with
     respect  to  any  other  security in respect of which a determination as to
     market  value  must  be  made  hereunder.

<PAGE>

          (iii)  "COMMON  STOCK," for purposes of this Paragraph 4, includes the
                  --------------
     Common  Stock, par value $.001 per share, and any additional class of stock
     of  the  Company  having  no preference as to dividends or distributions on
     liquidation,  provided that the shares purchasable pursuant to this Warrant
     shall  include  only  shares of Common Stock, par value $.001 per share, in
     respect  of which this Warrant is exercisable, or shares resulting from any
     subdivision  or  combination  of  such  Common Stock, or in the case of any
     reorganization,  reclassification,  consolidation,  merger,  or sale of the
     character  referred  to  in  Paragraph  4(e)  hereof,  the  stock  or other
     securities  or  property  provided  for  in  such  Paragraph.

     5.     ISSUE  TAX.  The  issuance of certificates  for  Warrant Shares upon
            -----------
the  exercise of this Warrant shall be made without charge to the holder of this
Warrant  or  such shares for any issuance tax or other costs in respect thereof,
provided  that  the  Company  shall  not be required to pay any tax which may be
payable  in respect of any transfer involved in the issuance and delivery of any
certificate  in  a  name  other  than  the  holder  of  this  Warrant.

     6.     NO  RIGHTS  OR  LIABILITIES  AS  A  SHAREHOLDER.  This Warrant shall
            ------------------------------------------------
not  entitle  the  holder  hereof  to  any  voting  rights  or other rights as a
shareholder  of  the  Company.  No  provision of this Warrant, in the absence of
affirmative  action by the holder hereof to purchase Warrant Shares, and no mere
enumeration  herein of the rights or privileges of the holder hereof, shall give
rise  to any liability of such holder for the Exercise Price or as a shareholder
of  the  Company,  whether  such  liability  is  asserted  by  the Company or by
creditors  of  the  Company.

     7.     TRANSFER,  EXCHANGE,  AND  REPLACEMENT  OF  WARRANT.
            ---------------------------------------------------

     (a)  RESTRICTION  ON  TRANSFER.  This Warrant and the rights granted to the
          -------------------------
holder  hereof  are  transferable,  in  whole or in part, upon surrender of this
Warrant,  together  with  a  properly  executed  assignment in the form attached
hereto,  at  the  office  or agency of the Company referred to in Paragraph 7(e)
below,  pro-vided,  however, that any transfer or assignment shall be subject to
the  conditions  set  forth  in  Paragraph  7(f)  hereof  and  to the applicable
provisions  of  the  Securities  Purchase  Agreement.  Until due presentment for
registration  of transfer on the books of the Company, the Company may treat the
registered  holder  hereof  as the owner and holder hereof for all purposes, and
the  Company  shall  not  be  affected  by  any  notice  to  the  con-trary.
Notwithstanding  anything  to  the  contrary  contained herein, the registration
rights  described  in  Paragraph  8  are  assignable only in accordance with the
provisions of that certain Registration Rights Agreement, dated August 31, 2004,
by  and  among  the Company and the other signatories thereto (the "Registration
Rights  Agreement").

     (b)  WARRANT  EXCHANGEABLE  FOR  DIFFERENT  DENOMINATIONS. This Warrant is
          -----------------------------------------------------
exchange-able,  upon  the surrender hereof by the holder hereof at the office or
agency  of  the Company referred to in Paragraph 7(e) below, for new Warrants of
like  tenor  representing  in  the aggregate the right to purchase the number of
shares  of  Common  Stock  which  may  be  purchased hereunder, each of such new
Warrants  to  represent  the right to purchase such number of shares as shall be
designated  by  the  holder  hereof  at  the  time  of  such  surrender.

     (c)  REPLACEMENT  OF  WARRANT.  Upon  receipt  of  evidence  reasonably
          ------------------------
satisfactory  to  the  Company of the loss, theft, destruction, or mutilation of
this  Warrant  and,  in  the  case of any such loss, theft, or destruction, upon
delivery  of  an indemnity agreement reason-ably satisfactory in form and amount
to  the  Company,  or,  in  the  case of any such mutilation, upon surrender and
cancellation  of  this  Warrant,  the  Company, at its expense, will execute and
deliver,  in  lieu  thereof,  a  new  Warrant  of  like  tenor.

<PAGE>

     (d)  CANCELLATION;  PAYMENT OF EXPENSES. Upon the surrender of this Warrant
          ----------------------------------
in  connection  with  any transfer, exchange, or replacement as provided in this
Paragraph 7, this Warrant shall be promptly canceled by the Company. The Company
shall  pay  all  taxes  (other  than  securities  transfer  taxes) and all other
expenses  (other  than  legal  expenses,  if  any,  incurred  by  the  holder or
transferees)  and charges payable in connection with the preparation, execution,
and  delivery  of  Warrants  pursuant  to  this  Paragraph  7.

     (e)  REGISTER.  The  Company  shall  maintain,  at  its principal executive
          --------
offices  (or  such  other office or agency of the Company as it may designate by
notice  to the holder hereof), a register for this Warrant, in which the Company
shall  record  the name and address of the person in whose name this Warrant has
been  issued,  as well as the name and address of each transferee and each prior
owner  of  this  Warrant.

     (f)  EXERCISE  OR  TRANSFER  WITHOUT  REGISTRATION.  If, at the time of the
          ---------------------------------------------
surrender of this Warrant in connection with any exercise, transfer, or exchange
of  this  Warrant,  this  Warrant  (or, in the case of any exercise, the Warrant
Shares  issuable hereunder), shall not be registered under the Securities Act of
1933, as amended (the "Securities Act") and under applicable state securities or
blue  sky  laws,  the  Company  may  require,  as  a  condition of allowing such
exercise,  transfer,  or  exchange,  (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 and counsel are acceptable to the Company, to the effect
that such exercise, transfer, or exchange may be made without registration under
said  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) promulgated under the Securities
Act; provided that no such opinion, letter or status as an "accredited investor"
shall  be  required in connection with a transfer pursuant to Rule 144 under the
Securities  Act.  The  first  holder  of this Warrant, by taking and holding the
same,  represents  to the Company that such holder is acquiring this Warrant for
investment  and  not  with  a  view  to  the  distribution  thereof.

     8.     REGISTRATION  RIGHTS. The  initial  holder of this Warrant (and
            --------------------
certain  assignees  thereof)  is  entitled  to  the benefit of such registration
rights  in  respect  of  the Warrant Shares as are set forth in Section 2 of the
Registration  Rights  Agreement.

     9.     NOTICES.  All  notices,  requests, and other communications required
            -------
or  permitted  to  be given or delivered hereunder to the holder of this Warrant
shall  be  in  writing,  and  shall be personally delivered, or shall be sent by
certified  or  registered  mail or by recognized overnight mail courier, postage
prepaid  and  addressed,  to such holder at the address shown for such holder on
the  books of the Company, or at such other address as shall have been furnished
to  the  Company  by  notice  from such holder. All notices, requests, and other
communications  required  or permitted to be given or delivered hereunder to the
Company shall be in writing, and shall be personally delivered, or shall be sent
by certified or registered mail or by recognized overnight mail courier, postage
prepaid  and  addressed,  to  the office of the Company at 45 Main Street, Suite
617,  Brooklyn,  New  York 11201, Attention: Chief Executive Officer, or at such
other  address  as  shall  have  been furnished to the holder of this Warrant by
notice from the Company. Any such notice, request, or other communication may be
sent by facsimile, but shall in such case be subsequently confirmed by a writing
personally  delivered  or  sent by certified or registered mail or by recognized
overnight  mail  courier  as  provided  above.  All notices, requests, and other
communications  shall  be  deemed  to  have been given either at the time of the
receipt thereof by the person entitled to receive such  notice at the address of
such  person  for  purposes  of this Paragraph 9, or, if mailed by registered or
certified mail or with a recognized overnight mail courier upon deposit with the
United  States Post Office or such overnight mail courier, if postage is prepaid
and  the  mailing  is  properly  addressed,  as  the  case  may  be.

<PAGE>

     10.     GOVERNING  LAW.  THIS  WARRANT  SHALL BE ENFORCED, GOVERNED BY AND
             --------------
CONSTRUED  IN  ACCORDANCE  WITH  THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO
AGREEMENTS  MADE  AND TO BE PERFORMED ENTIRELY WITHIN SUCH STATE, WITHOUT REGARD
TO  THE  PRINCIPLES OF CONFLICT OF LAWS. THE PARTIES HERETO HEREBY SUBMIT TO THE
EXCLUSIVE  JURISDICTION OF THE UNITED STATES FEDERAL COURTS LOCATED IN NEW YORK,
NEW  YORK WITH RESPECT TO ANY DISPUTE ARISING UNDER THIS WARRANT, THE AGREEMENTS
ENTERED  INTO  IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR
THEREBY.  BOTH PARTIES IRREVOCABLY WAIVE THE DEFENSE OF AN INCONVENIENT FORUM TO
THE  MAINTENANCE  OF  SUCH  SUIT  OR PROCEEDING. BOTH PARTIES FURTHER AGREE THAT
SERVICE  OF  PROCESS  UPON A PARTY MAILED BY FIRST CLASS MAIL SHALL BE DEEMED IN
EVERY  RESPECT  EFFECTIVE  SERVICE OF PROCESS UPON THE PARTY IN ANY SUCH SUIT OR
PROCEEDING. NOTHING HEREIN SHALL AFFECT EITHER PARTY'S RIGHT TO SERVE PROCESS IN
ANY  OTHER  MANNER  PERMITTED  BY  LAW.  BOTH  PARTIES  AGREE  THAT  A  FINAL
NON-APPEALABLE  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.  THE  PARTY  WHICH DOES NOT PREVAIL IN ANY DISPUTE ARISING UNDER
THIS  WARRANT  SHALL  BE  RESPONSIBLE  FOR  ALL  FEES  AND  EXPENSES,  INCLUDING
ATTORNEYS'  FEES,  INCURRED  BY  THE  PREVAILING  PARTY  IN CONNECTION WITH SUCH
DISPUTE.

     11.     MISCELLANEOUS.
             -------------

     (a)  AMENDMENTS.  This Warrant and any provision hereof may only be amended
          ----------
by  an  instrument  in  writing  signed  by  the  Company and the holder hereof.

     (b)  DESCRIPTIVE  HEADINGS.  The  descriptive  headings  of  the  several
          ---------------------
paragraphs  of  this  Warrant  are  inserted for purposes of reference only, and
shall  not  affect  the meaning or construction of any of the provisions hereof.

     (c)  CASHLESS  EXERCISE. Notwithstanding anything to the contrary contained
          ------------------
in  this  Warrant, if the resale of the Warrant Shares by the holder is not then
registered  pursuant to an effective registration statement under the Securities
Act, this Warrant may be exercised by presentation and surrender of this Warrant
to  the  Company at its principal executive offices with a written notice of the
holder's intention to effect a cashless exercise, including a calculation of the
number  of  shares of Common Stock to be issued upon such exercise in accordance
with  the  terms  hereof  (a  "Cashless  Exercise").  In the event of a Cashless
Exercise,  in  lieu  of  paying  the  Exercise  Price  in cash, the holder shall
surrender  this  Warrant for that number of shares of Common Stock determined by
multiplying the number of Warrant Shares to which it would otherwise be entitled
by  a  fraction, the numerator of which shall be the difference between the then
current  Market  Price per share of the Common Stock and the Exercise Price, and
the  denominator  of  which  shall be the then current Market Price per share of
Common  Stock.  For example, if the holder is exercising 100,000 Warrants with a
per  Warrant  exercise price of $0.75 per share through a cashless exercise when
the  Common Stock's current Market Price per share is $2.00 per share, then upon
such  Cashless  Exercise  the holder will receive 62,500 shares of Common Stock.

<PAGE>

     (d)  REMEDIES.  The  Company  acknowledges  that  a  breach  by  it  of its
          --------
obligations  hereunder  will  cause irreparable harm to the holder, by vitiating
the  intent and purpose of the transaction contemplated hereby. Accordingly, the
Company  acknowledges  that  the  remedy  at law for a breach of its obligations
under  this  Warrant  will be inadequate and agrees, in the event of a breach or
threatened  breach  by  the  Company of the provisions of this Warrant, that the
holder  shall be entitled, in addition to all other available remedies at law or
in  equity, and in addition to the penalties assessable herein, to an injunction
or  injunctions restraining, preventing or curing any breach of this Warrant and
to  enforce specifically the terms and provisions thereof, without the necessity
of  showing economic loss and without any bond or other security being required.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

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

                                    MT  ULTIMATE  HEALTHCARE  CORP.

                                    By:  /s/ MacDonald S. Tudeme
                                         -------------------------------
                                         MacDonald  S.  Tudeme
                                         Chief  Executive  Officer

Dated  as  of  August  31,  2004

<PAGE>REGISTRATION RIGHTS AGREEMENT

     REGISTRATION RIGHTS AGREEMENT (this "AGREEMENT"), dated as of August 31,
2004, by and among MT Ultimate Healthcare Corp., a Nevada corporation with its
headquarters located at 45 Main Street, Suite 617, Brooklyn, New York  11201
(the "COMPANY"), and each of the undersigned (together with their respective
affiliates and any assignee or transferee of all of their respective rights
hereunder, the "INITIAL INVESTORS").

     WHEREAS:

     A. In connection with the Securities Purchase Agreement by and among the
parties hereto of even date herewith (the "SECURITIES PURCHASE AGREEMENT"), the
Company has agreed, upon the terms and subject to the conditions contained
therein, to issue and sell to the Initial Investors secured convertible notes in
the aggregate principal amount of up to Seven Hundred Thousand Dollars
($700,000) (the "NOTES") that are convertible into shares of the Company's
common stock (the "COMMON STOCK"), upon the terms and subject to the limitations
and conditions set forth in such Notes and warrants (the "WARRANTS") to acquire
an aggregate of 700,000 shares of Common Stock, upon the terms and conditions
and subject to the limitations and conditions set forth in the Warrants; and

     B. To induce the Initial Investors to execute and deliver the Securities
Purchase Agreement, the Company has agreed to provide certain registration
rights under the Securities Act of 1933, as amended, and the rules and
regulations thereunder, or any similar successor statute (collectively, the
"1933 ACT"), and applicable state securities laws;

     NOW,  THEREFORE,  in consideration of the premises and the mutual covenants
contained  herein  and  other  good  and valuable consideration, the receipt and
sufficiency  of  which  are  hereby  acknowledged,  the  Company and each of the
Initial  Investors  hereby  agree  as  follows:

     1.     DEFINITIONS.
            -----------

     A. As used in this Agreement, the following terms shall have the following
meanings:

          (I) "INVESTORS" means the Initial Investors and any transferee or
     assignee who agrees to become bound by the provisions of this Agreement in
     accordance with Section 9 hereof.

          (II) "REGISTER," "REGISTERED," and "REGISTRATION" refer to a
     registration effected by preparing and filing a Registration Statement or
     Statements in compliance with the 1933 Act and pursuant to Rule 415 under
     the 1933 Act or any successor rule providing for offering securities on a
     continuous basis ("RULE 415"), and the declaration or ordering of
     effectiveness of such Registration Statement by the United States
     Securities and Exchange Commission (the "SEC").

          (III) "REGISTRABLE SECURITIES" means the Conversion Shares issued or
     issuable upon conversion or otherwise pursuant to the Notes and Additional
     Notes (as defined in the Securities Purchase Agreement) including, without
     limitation, Damages Shares (as defined in the Notes) issued or issuable
     pursuant to the Notes, shares of Common Stock issued or issuable in payment
     of the Standard Liquidated Damages Amount (as defined in the Securities
     Purchase Agreement), shares issued or issuable in respect of interest or in
     redemption of the Notes in accordance with the terms thereof) and Warrant
     Shares issuable, upon exercise or otherwise pursuant to the Warrants and
     Additional Warrants (as defined in the Securities Purchase Agreement), and
     any shares of capital stock issued or issuable as a dividend on or in
     exchange for or otherwise with respect to any of the foregoing.

          (IV) "REGISTRATION STATEMENT" means a registration statement of the
     Company under the 1933 Act.

<PAGE>

     B. Capitalized terms used herein and not otherwise defined herein shall
have the respective meanings set forth in the Securities Purchase Agreement or
the Convertible Note.

     2.     REGISTRATION.
            ------------

     A. MANDATORY REGISTRATION. The Company shall prepare, and, on or prior to
        ----------------------
ninety (90) days from the date of Closing (as defined in the Securities Purchase
Agreement) (the "FILING DATE"), file with the SEC a Registration Statement on
Form S-3 (or, if Form S-3 is not then available, on such form of Registration
Statement as is then available to effect a registration of the Registrable
Securities, subject to the consent of the Initial Investors, which consent will
not be unreasonably withheld) covering the resale of the Registrable Securities
underlying the Notes and Warrants issued or issuable pursuant to the Securities
Purchase Agreement, which Registration Statement, to the extent allowable under
the 1933 Act and the rules and regulations promulgated thereunder (including
Rule 416), shall state that such Registration Statement also covers such
indeterminate number of additional shares of Common Stock as may become issuable
upon conversion of or otherwise pursuant to the Notes and exercise of the
Warrants to prevent dilution resulting from stock splits, stock dividends or
similar transactions. The number of shares of Common Stock initially included in
such Registration Statement shall be no less than an amount equal to two (2)
times the sum of the number of Conversion Shares that are then issuable upon
conversion of the Notes and Additional Notes (based on the Variable Conversion
Price as would then be in effect and assuming the Variable Conversion Price is
the Conversion Price at such time), and the number of Warrant Shares that are
then issuable upon exercise of the Warrants, without regard to any limitation on
the Investor's ability to convert the Notes or exercise the Warrants. The
Company acknowledges that the number of shares initially included in the
Registration Statement represents a good faith estimate of the maximum number of
shares issuable upon conversion of the Notes and upon exercise of the Warrants.

     B. UNDERWRITTEN OFFERING. If any offering pursuant to a Registration
        ---------------------
Statement pursuant to Section 2(a) hereof involves an underwritten offering, the
Investors who hold a majority in interest of the Registrable Securities subject
to such underwritten offering, with the consent of a majority-in-interest of the
Initial Investors, shall have the right to select one legal counsel and an
investment banker or bankers and manager or managers to administer the offering,
which investment banker or bankers or manager or managers shall be reasonably
satisfactory to the Company.

<PAGE>

     C. PAYMENTS BY THE COMPANY. The Company shall use its best efforts to
        -----------------------
obtain effectiveness of the Registration Statement as soon as practicable. If
the Registration Statement(s) covering the Registrable Securities required to be
filed by the Company pursuant to Section 2(a) hereof is not filed by the Filing
Date or declared effective by the SEC on or prior to one hundred sixty (160)
days from the date of Closing (as defined in the Securities Purchase Agreement),
or after the Registration Statement has been declared effective by the SEC,
sales of all of the Registrable Securities cannot be made pursuant to the
Registration Statement, or the Common Stock is not listed or included for
quotation on the Nasdaq National Market ("NASDAQ"), the Nasdaq SmallCap Market
("NASDAQ SMALLCAP"), the New York Stock Exchange (the "NYSE") or the American
Stock Exchange (the "AMEX") after being so listed or included for quotation, or
the Common Stock ceases to be traded on the Over-the-Counter Bulletin Board (the
"OTCBB") or any equivalent replacement exchange prior to being listed or
included for quotation on one of the aforementioned markets, then the Company
will make payments to the Investors in such amounts and at such times as shall
be determined pursuant to this Section 2(c) as partial relief for the damages to
the Investors by reason of any such delay in or reduction of their ability to
sell the Registrable Securities (which remedy shall not be exclusive of any
other remedies available at law or in equity). The Company shall pay to each
holder of the Notes or Registrable Securities an amount equal to the then
outstanding principal amount of the Notes (and, in the case of holders of
Registrable Securities, the principal amount of Notes from which such
Registrable Securities were converted) ("OUTSTANDING PRINCIPAL AMOUNT"),
multiplied by the Applicable Percentage (as defined below) times the sum of: (i)
the number of months (prorated for partial months) after the Filing Date or the
end of the aforementioned one hundred sixty (160) day period and prior to the
date the Registration Statement is declared effective by the SEC, provided,
however, that there shall be excluded from such period any delays which are
solely attributable to changes required by the Investors in the Registration
Statement with respect to information relating to the Investors, including,
without limitation, changes to the plan of distribution, or to the failure of
the Investors to conduct their review of the Registration Statement pursuant to
Section 3(h) below in a reasonably prompt manner; (ii) the number of months
(prorated for partial months) that sales of all of the Registrable Securities
cannot be made pursuant to the Registration Statement after the Registration
Statement has been declared effective (including, without limitation, when sales
cannot be made by reason of the Company's failure to properly supplement or
amend the prospectus included therein in accordance with the terms of this
Agreement, but excluding any days during an Allowed Delay (as defined in Section
3(f)); and (iii) the number of months (prorated for partial months) that the
Common Stock is not listed or included for quotation on the OTCBB, Nasdaq,
Nasdaq SmallCap, NYSE or AMEX or that trading thereon is halted after the
Registration Statement has been declared effective. The term "APPLICABLE
PERCENTAGE" means two hundredths (.02). (For example, if the Registration
Statement becomes effective one (1) month after the end of such one hundred
sixty (160) day period, the Company would pay $5,000 for each $250,000 of
Outstanding Principal Amount. If thereafter, sales could not be made pursuant to
the Registration Statement for an additional period of one (1) month, the
Company would pay an additional $5,000 for each $250,000 of Outstanding
Principal Amount.) Such amounts shall be paid in cash or, at the Company's
option, in shares of Common Stock priced at the Conversion Price (as defined in
the Notes) on such payment date.

<PAGE>

     D. PIGGY-BACK REGISTRATIONS. Subject to the last sentence of this Section
        ------------------------
2(d), if at any time prior to the expiration of the Registration Period (as
hereinafter defined) the Company shall determine to file with the SEC a
Registration Statement relating to an offering for its own account or the
account of others under the 1933 Act of any of its equity securities (other than
on Form S-4 or Form S-8 or their then equivalents relating to equity securities
to be issued solely in connection with any acquisition of any entity or business
or equity securities issuable in connection with stock option or other bona
fide, employee benefit plans), the Company shall send to each Investor who is
entitled to registration rights under this Section 2(d) written notice of such
determination and, if within fifteen (15) days after the effective date of such
notice, such Investor shall so request in writing, the Company shall include in
such Registration Statement all or any part of the Registrable Securities such
Investor requests to be registered, except that if, in connection with any
underwritten public offering for the account of the Company the managing
underwriter(s) thereof shall impose a limitation on the number of shares of
Common Stock which may be included in the Registration Statement because, in
such underwriter(s)' judgment, marketing or other factors dictate such
limitation is necessary to facilitate public distribution, then the Company
shall be obligated to include in such Registration Statement only such limited
portion of the Registrable Securities with respect to which such Investor has
requested inclusion hereunder as the underwriter shall permit. Any exclusion of
Registrable Securities shall be made pro rata among the Investors seeking to
include Registrable Securities in proportion to the number of Registrable
Securities sought to be included by such Investors; provided, however, that the
                                                    --------  -------
Company shall not exclude any Registrable Securities unless the Company has
first excluded all outstanding securities, the holders of which are not entitled
to inclusion of such securities in such Registration Statement or are not
entitled to pro rata inclusion with the Registrable Securities; and provided,
                                                                    --------
further, however, that, after giving effect to the immediately preceding
-------  -------
proviso, any exclusion of Registrable Securities shall be made pro rata with
holders of other securities having the right to include such securities in the
Registration Statement other than holders of securities entitled to inclusion of
their securities in such Registration Statement by reason of demand registration
rights. No right to registration of Registrable Securities under this Section
2(d) shall be construed to limit any registration required under Section 2(a)
hereof. If an offering in connection with which an Investor is entitled to
registration under this Section 2(d) is an underwritten offering, then each
Investor whose Registrable Securities are included in such Registration
Statement shall, unless otherwise agreed by the Company, offer and sell such
Registrable Securities in an underwritten offering using the same underwriter or
underwriters and, subject to the provisions of this Agreement, on the same terms
and conditions as other shares of Common Stock included in such underwritten
offering. Notwithstanding anything to the contrary set forth herein, the
registration rights of the Investors pursuant to this Section 2(d) shall only be
available in the event the Company fails to timely file, obtain effectiveness or
maintain effectiveness of any Registration Statement to be filed pursuant to
Section 2(a) in accordance with the terms of this Agreement.

     E. ELIGIBILITY FOR FORM S-3, SB-2 OR S-1; CONVERSION TO FORM S-3. The
        -------------------------------------------------------------
Company represents and warrants that it meets the requirements for the use of
Form S-3, SB-2 or S-1 for registration of the sale by the Initial Investors and
any other Investors of the Registrable Securities. The Company agrees to file
all reports required to be filed by the Company with the SEC in a timely manner
so as to remain eligible or become eligible, as the case may be, and thereafter
to maintain its eligibility, for the use of Form S-3. If the Company is not
currently eligible to use Form S-3, not later than five (5) business days after
the Company first meets the registration eligibility and transaction
requirements for the use of Form S-3 (or any successor form) for registration of
the offer and sale by the Initial Investors and any other Investors of
Registrable Securities, the Company shall file a Registration Statement on Form
S-3 (or such successor form) with respect to the Registrable Securities covered
by the Registration Statement on Form SB-2 or Form S-1, whichever is applicable,
filed pursuant to Section 2(a) (and include in such Registration Statement on
Form S-3 the information required by Rule 429 under the 1933 Act) or convert the
Registration Statement on Form SB-2 or Form S-1, whichever is applicable, filed
pursuant to Section 2(a) to a Form S-3 pursuant to Rule 429 under the 1933 Act
and cause such Registration Statement (or such amendment) to be declared
effective no later than forty-five (45) days after filing. In the event of a
breach by the Company of the provisions of this Section 2(e), the Company will
be required to make payments pursuant to Section 2(c) hereof.

<PAGE>

     3.     OBLIGATIONS OF THE COMPANY.
            --------------------------

     In  connection  with  the  registration  of the Registrable Securities, the
Company  shall  have  the  following  obligations:

     A. The Company shall prepare promptly, and file with the SEC not later than
the Filing Date, a Registration Statement with respect to the number of
Registrable Securities provided in Section 2(a), and thereafter use its best
efforts to cause such Registration Statement relating to Registrable Securities
to become effective as soon as possible after such filing but in no event later
than one hundred sixty (160) days from the date of Closing), and keep the
Registration Statement effective pursuant to Rule 415 at all times until such
date as is the earlier of (i) the date on which all of the Registrable
Securities have been sold and (ii) the date on which the Registrable Securities
(in the opinion of counsel to the Initial Investors) may be immediately sold to
the public without registration or restriction (including, without limitation,
as to volume by each holder thereof) under the 1933 Act (the "REGISTRATION
PERIOD"), which Registration Statement (including any amendments or supplements
thereto and prospectuses contained therein) shall not contain any untrue
statement of a material fact or omit to state a material fact required to be
stated therein, or necessary to make the statements therein not misleading.

     B. The Company shall prepare and file with the SEC such amendments
(including post-effective amendments) and supplements to the Registration
Statements and the prospectus used in connection with the Registration
Statements as may be necessary to keep the Registration Statements effective at
all times during the Registration Period, and, during such period, comply with
the provisions of the 1933 Act with respect to the disposition of all
Registrable Securities of the Company covered by the Registration Statements
until such time as all of such Registrable Securities have been disposed of in
accordance with the intended methods of disposition by the seller or sellers
thereof as set forth in the Registration Statements. In the event the number of
shares available under a Registration Statement filed pursuant to this Agreement
is insufficient to cover all of the Registrable Securities issued or issuable
upon conversion of the Notes and exercise of the Warrants, the Company shall
amend the Registration Statement, or file a new Registration Statement (on the
short form available therefor, if applicable), or both, so as to cover all of
the Registrable Securities, in each case, as soon as practicable, but in any
event within fifteen (15) days after the necessity therefor arises (based on the
market price of the Common Stock and other relevant factors on which the Company
reasonably elects to rely). The Company shall use its best efforts to cause such
amendment and/or new Registration Statement to become effective as soon as
practicable following the filing thereof, but in any event within thirty (30)
days after the date on which the Company reasonably first determines (or
reasonably should have determined) the need therefor. The provisions of Section
2(c) above shall be applicable with respect to such obligation, with the one
hundred sixty (160) days running from the day the Company reasonably first
determines (or reasonably should have determined) the need therefor.

<PAGE>

     C. The Company shall furnish to each Investor whose Registrable Securities
are included in a Registration Statement and its legal counsel promptly (but in
no event more than two (2) business days) after the same is prepared and
publicly distributed, filed with the SEC, or received by the Company, one copy
of each Registration Statement and any amendment thereto, each preliminary
prospectus and prospectus and each amendment or supplement thereto, and, in the
case of the Registration Statement referred to in Section 2(a), each letter
written by or on behalf of the Company to the SEC or the staff of the SEC, and
each item of correspondence from the SEC or the staff of the SEC, in each case
relating to such Registration Statement (other than any portion of any thereof
which contains information for which the Company has sought confidential
treatment), and promptly (but in no event more than two (2) business days) after
the Registration Statement is declared effective by the SEC, such number of
copies of a prospectus, including a preliminary prospectus, and all amendments
and supplements thereto and such other documents as such Investor may reasonably
request in order to facilitate the disposition of the Registrable Securities
owned by such Investor. The Company will immediately notify each Investor by
facsimile of the effectiveness of each Registration Statement or any
post-effective amendment. The Company will promptly (but in no event more than
ten (10) business days (fifteen (15) business days in the event that updated
financial statements are required to be filed)) respond to any and all comments
received from the SEC (which comments shall promptly be made available to the
Investors upon request), with a view towards causing each Registration Statement
or any amendment thereto to be declared effective by the SEC as soon as
practicable, shall promptly file an acceleration request as soon as practicable
(but in no event more than two (2) business days) following the resolution or
clearance of all SEC comments or, if applicable, following notification by the
SEC that any such Registration Statement or any amendment thereto will not be
subject to review and shall promptly file with the SEC a final prospectus as
soon as practicable (but in no event more than two (2) business days) following
receipt by the Company from the SEC of an order declaring the Registration
Statement effective. In the event of a breach by the Company of the provisions
of this Section 3(c), the Company will be required to make payments pursuant to
Section 2(c) hereof.

     D. The Company shall use reasonable efforts to register and qualify the
Registrable Securities covered by the Registration Statements under such other
securities or "blue sky" laws of such jurisdictions in the United States as the
Investors who hold a majority in interest of the Registrable Securities being
offered reasonably request, prepare and file in those jurisdictions such
amendments (including post-effective amendments) and supplements to such
registrations and qualifications as may be necessary to maintain the
effectiveness thereof during the Registration Period, take such other actions as
may be necessary to maintain such registrations and qualifications in effect at
all times during the Registration Period, and take all other actions reasonably
necessary or advisable to qualify the Registrable Securities for sale in such
jurisdictions; provided, however, that the Company shall not be required in
               --------  -------
connection therewith or as a condition thereto to qualify to do business in any
jurisdiction where it would not otherwise be required to qualify but for this
Section 3(d), subject itself to general taxation in any such jurisdiction, file
a general consent to service of process in any such jurisdiction, provide any
undertakings that cause the Company undue expense or burden, or make any change
in its charter or bylaws, which in each case the Board of Directors of the
Company determines to be contrary to the best interests of the Company and its
shareholders.

<PAGE>

     E. In the event Investors who hold a majority-in-interest of the
Registrable Securities being offered in the offering (with the approval of a
majority-in-interest of the Initial Investors) select underwriters for the
offering, the Company shall enter into and perform its obligations under an
underwriting agreement, in usual and customary form, including, without
limitation, customary indemnification and contribution obligations, with the
underwriters of such offering.

     F. As promptly as practicable after becoming aware of such event, the
Company shall notify each Investor of the happening of any event, of which the
Company has knowledge, as a result of which the prospectus included in any
Registration Statement, as then in effect, includes an untrue statement of a
material fact or omission to state a material fact required to be stated therein
or necessary to make the statements therein not misleading, and use its best
efforts promptly to prepare a supplement or amendment to any Registration
Statement to correct such untrue statement or omission, and deliver such number
of copies of such supplement or amendment to each Investor as such Investor may
reasonably request; provided that, for not more than ten (10) consecutive
trading days (or a total of not more than twenty (20) trading days in any twelve
(12) month period), the Company may delay the disclosure of material non-public
information concerning the Company (as well as prospectus or Registration
Statement updating) the disclosure of which at the time is not, in the good
faith opinion of the Company, in the best interests of the Company (an "ALLOWED
DELAY"); provided, further, that the Company shall promptly notify the Investors
in writing of the existence of (but in no event, without the prior written
consent of an Investor, shall the Company disclose to such investor any of the
facts or circumstances regarding) material non-public information giving rise to
an Allowed Delay and advise the Investors in writing to cease all sales under
such Registration Statement until the end of the Allowed Delay. Upon expiration
of the Allowed Delay, the Company shall again be bound by the first sentence of
this Section 3(f) with respect to the information giving rise thereto.

     G. The Company shall use its best efforts to prevent the issuance of any
stop order or other suspension of effectiveness of any Registration Statement,
and, if such an order is issued, to obtain the withdrawal of such order at the
earliest possible moment and to notify each Investor who holds Registrable
Securities being sold (or, in the event of an underwritten offering, the
managing underwriters) of the issuance of such order and the resolution thereof.

     H. The Company shall permit a single firm of counsel designated by the
Initial Investors to review such Registration Statement and all amendments and
supplements thereto (as well as all requests for acceleration or effectiveness
thereof) a reasonable period of time prior to their filing with the SEC, and not
file any document in a form to which such counsel reasonably objects and will
not request acceleration of such Registration Statement without prior notice to
such counsel. The sections of such Registration Statement covering information
with respect to the Investors, the Investor's beneficial ownership of securities
of the Company or the Investors intended method of disposition of Registrable
Securities shall conform to the information provided to the Company by each of
the Investors.

<PAGE>

     I. The Company shall make generally available to its security holders as
soon as practicable, but not later than ninety (90) days after the close of the
period covered thereby, an earnings statement (in form complying with the
provisions of Rule 158 under the 1933 Act) covering a twelve-month period
beginning not later than the first day of the Company's fiscal quarter next
following the effective date of the Registration Statement.

     J. At the request of any Investor, the Company shall furnish, on the date
that Registrable Securities are delivered to an underwriter, if any, for sale in
connection with any Registration Statement or, if such securities are not being
sold by an underwriter, on the date of effectiveness thereof an opinion, dated
as of such date, from counsel representing the Company for purposes of such
Registration Statement, in form, scope and substance as is customarily given in
an underwritten public offering, addressed to the underwriters, if any, and the
Investors and a letter, dated such date, from the Company's independent
certified public accountants in form and substance as is customarily given by
independent certified public accountants to underwriters in an underwritten
public offering, addressed to the underwriters, if any, and the Investors.

     K. The Company shall make available for inspection by any Investor, any
underwriter participating in any disposition pursuant to a Registration
Statement, one firm of attorneys and one firm of accountants or other agents
retained by the Initial Investors, one firm of attorneys and one firm of
accountants or other agents retained by all other Investors, and one firm of
attorneys retained by all such underwriters (collectively, the "INSPECTORS") all
pertinent financial and other records, and pertinent corporate documents and
properties of the Company, including without limitation, records of conversions
by other holders of convertible securities issued by the Company and the
issuance of stock to such holders pursuant to the conversions (collectively, the
"RECORDS"), as shall be reasonably deemed necessary by each Inspector to enable
each Inspector to exercise its due diligence responsibility, and cause the
Company's officers, directors and employees to supply all information which any
Inspector may reasonably request for purposes of such due diligence; provided,
                                                                     --------
however, that each Inspector shall hold in confidence and shall not make any
-------
disclosure (except to an Investor) of any Record or other information which the
Company determines in good faith to be confidential, and of which determination
the Inspectors are so notified, unless the disclosure of such Records is
necessary to avoid or correct a misstatement or omission in any Registration
Statement, the release of such Records is ordered pursuant to a subpoena or
other order from a court or government body of competent jurisdiction, or the
information in such Records has been made generally available to the public
other than by disclosure in violation of this or any other agreement. The
Company shall not be required to disclose any confidential information in such
Records to any Inspector until and unless such Inspector shall have entered into
confidentiality agreements (in form and substance satisfactory to the Company)
with the Company with respect thereto, substantially in the form of this Section
3(k). Each Investor agrees that it shall, upon learning that disclosure of such
Records is sought in or by a court or governmental body of competent
jurisdiction or through other means, give prompt notice to the Company and allow
the Company, at its expense, to undertake appropriate action to prevent
disclosure of, or to obtain a protective order for, the Records deemed
confidential. Nothing herein (or in any other confidentiality agreement between
the Company and any Investor) shall be deemed to limit the Investor's ability to
sell Registrable Securities in a manner which is otherwise consistent with
applicable laws and regulations.

<PAGE>

     L. The Company shall hold in confidence and not make any disclosure of
information concerning an Investor provided to the Company unless disclosure of
such information is necessary to comply with federal or state securities laws,
the disclosure of such information is necessary to avoid or correct a
misstatement or omission in any Registration Statement, the release of such
information is ordered pursuant to a subpoena or other order from a court or
governmental body of competent jurisdiction, or such information has been made
generally available to the public other than by disclosure in violation of this
or any other agreement. The Company agrees that it shall, upon learning that
disclosure of such information concerning an Investor is sought in or by a court
or governmental body of competent jurisdiction or through other means, give
prompt notice to such Investor prior to making such disclosure, and allow the
Investor, at its expense, to undertake appropriate action to prevent disclosure
of, or to obtain a protective order for, such information.

     M. The Company shall cause all the Registrable Securities covered by the
Registration Statement to be listed on each national securities exchange on
which securities of the same class or series issued by the Company are then
listed, if any, if the listing of such Registrable Securities is then permitted
under the rules of such exchange, or to the extent the securities of the same
class or series are not then listed on a national securities exchange, secure
the designation and quotation, of all the Registrable Securities covered by the
Registration Statement on Nasdaq or, if not eligible for Nasdaq, on Nasdaq
SmallCap or, if not eligible for Nasdaq or Nasdaq SmallCap, on the OTCBB and,
without limiting the generality of the foregoing, to arrange for at least two
market makers to register with the National Association of Securities Dealers,
Inc. ("NASD") as such with respect to such Registrable Securities.

     N. The Company shall provide a transfer agent and registrar, which may be a
single entity, for the Registrable Securities not later than the effective date
of the Registration Statement.

     O. The Company shall cooperate with the Investors who hold Registrable
Securities being offered and the managing underwriter or underwriters, if any,
to facilitate the timely preparation and delivery of certificates (not bearing
any restrictive legends) representing Registrable Securities to be offered
pursuant to a Registration Statement and enable such certificates to be in such
denominations or amounts, as the case may be, as the managing underwriter or
underwriters, if any, or the Investors may reasonably request and registered in
such names as the managing underwriter or underwriters, if any, or the Investors
may request, and, within three (3) business days after a Registration Statement
which includes Registrable Securities is ordered effective by the SEC, the
Company shall deliver, and shall cause legal counsel selected by the Company to
deliver, to the transfer agent for the Registrable Securities (with copies to
the Investors whose Registrable Securities are included in such Registration
Statement) an instruction in the form attached hereto as EXHIBIT 1 and an
opinion of such counsel in the form attached hereto as EXHIBIT 2.

<PAGE>

     P. At the request of the holders of a majority-in-interest of the
Registrable Securities, the Company shall prepare and file with the SEC such
amendments (including post-effective amendments) and supplements to a
Registration Statement and any prospectus used in connection with the
Registration Statement as may be necessary in order to change the plan of
distribution set forth in such Registration Statement.

     Q. From and after the date of this Agreement, the Company shall not, and
shall not agree to, allow the holders of any securities of the Company to
include any of their securities in any Registration Statement under Section 2(a)
hereof or any amendment or supplement thereto under Section 3(b) hereof without
the consent of the holders of a majority-in-interest of the Registrable
Securities.

     R. The Company shall take all other reasonable actions necessary to
expedite and facilitate disposition by the Investors of Registrable Securities
pursuant to a Registration Statement.

     4.     OBLIGATIONS OF THE INVESTORS.
            ----------------------------

     In  connection  with  the  registration  of the Registrable Securities, the
Investors  shall  have  the  following  obligations:

     A. It shall be a condition precedent to the obligations of the Company to
complete the registration pursuant to this Agreement with respect to the
Registrable Securities of a particular Investor that such Investor shall furnish
to the Company such information regarding itself, the Registrable Securities
held by it and the intended method of disposition of the Registrable Securities
held by it as shall be reasonably required to effect the registration of such
Registrable Securities and shall execute such documents in connection with such
registration as the Company may reasonably request. At least three (3) business
days prior to the first anticipated filing date of the Registration Statement,
the Company shall notify each Investor of the information the Company requires
from each such Investor.

     B. Each Investor, by such Investor's acceptance of the Registrable
Securities, agrees to cooperate with the Company as reasonably requested by the
Company in connection with the preparation and filing of the Registration
Statements hereunder, unless such Investor has notified the Company in writing
of such Investor's election to exclude all of such Investor's Registrable
Securities from the Registration Statements.

     C. In the event Investors holding a majority-in-interest of the Registrable
Securities being registered (with the approval of the Initial Investors)
determine to engage the services of an underwriter, each Investor agrees to
enter into and perform such Investor's obligations under an underwriting
agreement, in usual and customary form, including, without limitation, customary
indemnification and contribution obligations, with the managing underwriter of
such offering and take such other actions as are reasonably required in order to
expedite or facilitate the disposition of the Registrable Securities, unless
such Investor has notified the Company in writing of such Investor's election to
exclude all of such Investor's Registrable Securities from such Registration
Statement.

<PAGE>

     D. Each Investor agrees that, upon receipt of any notice from the Company
of the happening of any event of the kind described in Section 3(f) or 3(g),
such Investor will immediately discontinue disposition of Registrable Securities
pursuant to the Registration Statement covering such Registrable Securities
until such Investor's receipt of the copies of the supplemented or amended
prospectus contemplated by Section 3(f) or 3(g) and, if so directed by the
Company, such Investor shall deliver to the Company (at the expense of the
Company) or destroy (and deliver to the Company a certificate of destruction)
all copies in such Investor's possession, of the prospectus covering such
Registrable Securities current at the time of receipt of such notice.

     E. No Investor may participate in any underwritten registration hereunder
unless such Investor agrees to sell such Investor's Registrable Securities on
the basis provided in any underwriting arrangements in usual and customary form
entered into by the Company, completes and executes all questionnaires, powers
of attorney, indemnities, underwriting agreements and other documents reasonably
required under the terms of such underwriting arrangements, and agrees to pay
its pro rata share of all underwriting discounts and commissions and any
expenses in excess of those payable by the Company pursuant to Section 5 below.

     5.     EXPENSES OF REGISTRATION.
            ------------------------

     All reasonable expenses, other than underwriting discounts and commissions,
incurred in connection with registrations, filings or qualifications pursuant to
Sections 2 and 3, including, without limitation, all registration, listing and
qualification fees, printers and accounting fees, the fees and disbursements of
counsel for the Company, and the reasonable fees and disbursements of one
counsel selected by the Initial Investors pursuant to Sections 2(b) and 3(h)
hereof shall be borne by the Company.

     6.     INDEMNIFICATION.
            ---------------

     In  the  event  any  Registrable  Securities are included in a Registration
Statement  under  this  Agreement:

     A. To the extent permitted by law, the Company will indemnify, hold
harmless and defend each Investor who holds such Registrable Securities, the
directors, officers, partners, employees, agents and each person who controls
any Investor within the meaning of the 1933 Act or the Securities Exchange Act
of 1934, as amended (the "1934 ACT"), if any, any underwriter (as defined in the
1933 Act) for the Investors, and the directors, officers, partners, employees
and each person who controls any such underwriter within the meaning of the 1933
Act or the 1934 Act, if any (each, an "INDEMNIFIED PERSON"), against any joint
or several losses, claims, damages, liabilities or expenses (collectively,
together with actions, proceedings or inquiries by any regulatory or
self-regulatory organization, whether commenced or threatened, in respect
thereof, "CLAIMS") to which any of them may become subject insofar as such
Claims arise out of or are based upon: (i) any untrue statement or alleged
untrue statement of a material fact in a Registration Statement or the omission
or alleged omission to state therein a material fact required to be stated or
necessary to make the statements therein not misleading; (ii) any untrue
statement or alleged untrue statement of a material fact contained in any
preliminary prospectus if used prior to the effective date of such Registration
Statement, or contained in the final prospectus (as amended or supplemented, if
the Company files any amendment thereof or supplement thereto with the SEC) or
the omission or alleged omission to state therein any material fact necessary to
make the statements made therein, in light of the circumstances under which the
statements therein were made, not misleading; or (iii) any violation or alleged
violation by the Company of the 1933 Act, the 1934 Act, any other law,
including, without limitation, any state securities law, or any rule or
regulation thereunder relating to the offer or sale of the Registrable
Securities (the matters in the foregoing clauses (i) through (iii) being,
collectively, "VIOLATIONS"). Subject to the restrictions set forth in Section
6(c) with respect to the number of legal counsel, the Company shall reimburse
the Indemnified Person, promptly as such expenses are incurred and are due and
payable, for any reasonable legal fees or other reasonable expenses incurred by
them in connection with investigating or defending any such Claim.
Notwithstanding anything to the contrary contained herein, the indemnification
agreement contained in this Section 6(a): (i) shall not apply to a Claim arising
out of or based upon a Violation which occurs in reliance upon and in conformity
with information furnished in writing to the Company by any Indemnified Person
or underwriter for such Indemnified Person expressly for use in connection with
the preparation of such Registration Statement or any such amendment thereof or
supplement thereto, if such prospectus was timely made available by the Company
pursuant to Section 3(c) hereof; (ii) shall not apply to amounts paid in
settlement of any Claim if such settlement is effected without the prior written
consent of the Company, which consent shall not be unreasonably withheld; and
(iii) with respect to any preliminary prospectus, shall not inure to the benefit
of any Indemnified Person if the untrue statement or omission of material fact
contained in the preliminary prospectus was corrected on a timely basis in the
prospectus, as then amended or supplemented, such corrected prospectus was
timely made available by the Company pursuant to Section 3(c) hereof, and the
Indemnified Person was promptly advised in writing not to use the incorrect
prospectus prior to the use giving rise to a Violation and such Indemnified
Person, notwithstanding such advice, used it. Such indemnity shall remain in
full force and effect regardless of any investigation made by or on behalf of
the Indemnified Person and shall survive the transfer of the Registrable
Securities by the Investors pursuant to Section 9.

<PAGE>

     B. In connection with any Registration Statement in which an Investor is
participating, each such Investor agrees severally and not jointly to indemnify,
hold harmless and defend, to the same extent and in the same manner set forth in
Section 6(a), the Company, each of its directors, each of its officers who signs
the Registration Statement, each person, if any, who controls the Company within
the meaning of the 1933 Act or the 1934 Act, any underwriter and any other
shareholder selling securities pursuant to the Registration Statement or any of
its directors or officers or any person who controls such shareholder or
underwriter within the meaning of the 1933 Act or the 1934 Act (collectively and
together with an Indemnified Person, an "INDEMNIFIED PARTY"), against any Claim
to which any of them may become subject, under the 1933 Act, the 1934 Act or
otherwise, insofar as such Claim arises out of or is based upon any Violation by
such Investor, in each case to the extent (and only to the extent) that such
Violation occurs in reliance upon and in conformity with written information
furnished to the Company by such Investor expressly for use in connection with
such Registration Statement; and subject to Section 6(c) such Investor will
reimburse any legal or other expenses (promptly as such expenses are incurred
and are due and payable) reasonably incurred by them in connection with
investigating or defending any such Claim; provided, however, that the indemnity
                                           --------  -------
agreement contained in this Section 6(b) shall not apply to amounts paid in
settlement of any Claim if such settlement is effected without the prior written
consent of such Investor, which consent shall not be unreasonably withheld;
provided, further, however, that the Investor shall be liable under this
--------  -------  -------
Agreement (including this Section 6(b) and Section 7) for only that amount as
does not exceed the net proceeds to such Investor as a result of the sale of
Registrable Securities pursuant to such Registration Statement. Such indemnity
shall remain in full force and effect regardless of any investigation made by or
on behalf of such Indemnified Party and shall survive the transfer of the
Registrable Securities by the Investors pursuant to Section 9. Notwithstanding
anything to the contrary contained herein, the indemnification agreement
contained in this Section 6(b) with respect to any preliminary prospectus shall
not inure to the benefit of any Indemnified Party if the untrue statement or
omission of material fact contained in the preliminary prospectus was corrected
on a timely basis in the prospectus, as then amended or supplemented.

<PAGE>

     C. Promptly after receipt by an Indemnified Person or Indemnified Party
under this Section 6 of notice of the commencement of any action (including any
governmental action), such Indemnified Person or Indemnified Party shall, if a
Claim in respect thereof is to be made against any indemnifying party under this
Section 6, deliver to the indemnifying party a written notice of the
commencement thereof, and the indemnifying party shall have the right to
participate in, and, to the extent the indemnifying party so desires, jointly
with any other indemnifying party similarly noticed, to assume control of the
defense thereof with counsel mutually satisfactory to the indemnifying party and
the Indemnified Person or the Indemnified Party, as the case may be; provided,
                                                                     --------
however, that an Indemnified Person or Indemnified Party shall have the right to
-------
retain its own counsel with the fees and expenses to be paid by the indemnifying
party, if, in the reasonable opinion of counsel retained by the indemnifying
party, the representation by such counsel of the Indemnified Person or
Indemnified Party and the indemnifying party would be inappropriate due to
actual or potential differing interests between such Indemnified Person or
Indemnified Party and any other party represented by such counsel in such
proceeding. The indemnifying party shall pay for only one separate legal counsel
for the Indemnified Persons or the Indemnified Parties, as applicable, and such
legal counsel shall be selected by Investors holding a majority-in-interest of
the Registrable Securities included in the Registration Statement to which the
Claim relates (with the approval of a majority-in-interest of the Initial
Investors), if the Investors are entitled to indemnification hereunder, or the
Company, if the Company is entitled to indemnification hereunder, as applicable.
The failure to deliver written notice to the indemnifying party within a
reasonable time of the commencement of any such action shall not relieve such
indemnifying party of any liability to the Indemnified Person or Indemnified
Party under this Section 6, except to the extent that the indemnifying party is
actually prejudiced in its ability to defend such action. The indemnification
required by this Section 6 shall be made by periodic payments of the amount
thereof during the course of the investigation or defense, as such expense,
loss, damage or liability is incurred and is due and payable.

<PAGE>

     7.     CONTRIBUTION.
            -------------

     To the extent any indemnification by an indemnifying party is prohibited or
limited  by  law, the indemnifying party agrees to make the maximum contribution
with respect to any amounts for which it would otherwise be liable under Section
6  to  the  fullest  extent  permitted  by  law;  provided,  however,  that  no
                                                  --------   -------
contribution  shall  be  made under circumstances where the maker would not have
been  liable  for indemnification under the fault standards set forth in Section
6,  no  seller  of Registrable Securities guilty of fraudulent misrepresentation
(within  the  meaning  of  Section  11(f)  of the 1933 Act) shall be entitled to
contribution  from  any  seller  of Registrable Securities who was not guilty of
such  fraudulent  misrepresentation,  and  contribution  (together  with  any
indemnification  or  other  obligations  under  this Agreement) by any seller of
Registrable  Securities shall be limited in amount to the net amount of proceeds
received  by  such  seller  from  the  sale  of  such  Registrable  Securities.

     8.     REPORTS UNDER THE 1934 ACT.
            ---------------------------

     With  a  view to making available to the Investors the benefits of Rule 144
promulgated  under  the  1933 Act or any other similar rule or regulation of the
SEC  that may at any time permit the investors to sell securities of the Company
to  the  public  without  registration  ("RULE  144"),  the  Company  agrees to:

     A. make and keep public information available, as those terms are
understood and defined in Rule 144;

     B. file with the SEC in a timely manner all reports and other documents
required of the Company under the 1933 Act and the 1934 Act so long as the
Company remains subject to such requirements (it being understood that nothing
herein shall limit the Company's obligations under Section 4(c) of the
Securities Purchase Agreement) and the filing of such reports and other
documents is required for the applicable provisions of Rule 144; and

     C. furnish to each Investor so long as such Investor owns Registrable
Securities, promptly upon request, a written statement by the Company that it
has complied with the reporting requirements of Rule 144, the 1933 Act and the
1934 Act, a copy of the most recent annual or quarterly report of the Company
and such other reports and documents so filed by the Company, and such other
information as may be reasonably requested to permit the Investors to sell such
securities pursuant to Rule 144 without registration.

     9.     ASSIGNMENT OF REGISTRATION RIGHTS.
            ---------------------------------

     The  rights  under  this Agreement shall be automatically assignable by the
Investors  to any transferee of all or any portion of Registrable Securities if:
(i)  the  Investor  agrees  in writing with the transferee or assignee to assign
such  rights,  and a copy of such agreement is furnished to the Company within a
reasonable  time after such assignment, (ii) the Company is, within a reasonable
time  after  such  transfer or assignment, furnished with written notice of  the
name  and  address  of  such  transferee  or  assignee, and  the securities with
respect  to  which  such  registration rights are being transferred or assigned,
(iii)  following  such  transfer  or assignment, the further disposition of such
securities  by  the  transferee or assignee is restricted under the 1933 Act and
applicable  state  securities  laws,  (iv)  at  or  before  the time the Company
receives  the  written  notice contemplated by clause (ii) of this sentence, the
transferee  or assignee agrees in writing with the Company to be bound by all of
the  provisions  contained  herein,  (v)  such  transfer shall have been made in
accordance  with  the  applicable  requirements  of  the  Securities  Purchase
Agreement,  and  (vi)  such transferee shall be an "ACCREDITED INVESTOR" as that
term  defined  in  Rule  501  of  Regulation  D  promulgated under the 1933 Act.

<PAGE>

     10.     AMENDMENT OF REGISTRATION RIGHTS.
             ---------------------------------

     Provisions  of this Agreement may be amended and the observance thereof may
be waived (either generally or in a particular instance and either retroactively
or prospectively), only with written consent of the Company, each of the Initial
Investors  (to  the  extent  such  Initial  Investor  still  owns  Registrable
Securities)  and  Investors  who  hold  a  majority  interest of the Registrable
Securities.  Any amendment or waiver effected in accordance with this Section 10
shall  be  binding  upon  each  Investor  and  the  Company.

     11.     MISCELLANEOUS.
             --------------

     A. A person or entity is deemed to be a holder of Registrable Securities
whenever such person or entity owns of record such Registrable Securities. If
the Company receives conflicting instructions, notices or elections from two or
more persons or entities with respect to the same Registrable Securities, the
Company shall act upon the basis of instructions, notice or election received
from the registered owner of such Registrable Securities.

     B. Any notices required or permitted to be given under the terms hereof
shall be sent by certified or registered mail (return receipt requested) or
delivered personally or by courier (including a recognized overnight delivery
service) or by facsimile and shall be effective five days after being placed in
the mail, if mailed by regular United States mail, or upon receipt, if delivered
personally or by courier (including a recognized overnight delivery service) or
by facsimile, in each case addressed to a party. The addresses for such
communications shall be:

If to the Company:

MT Ultimate Healthcare Corp.
45 Main Street, Suite 617
Brooklyn, New York  11201
Attention:  Chief Executive Officer
Telephone:  718-943-3400
Facsimile:   718-943-2122

<PAGE>

With a copy to:

David M. Loev
Attorney at Law
2777 Allen Parkway, Suite 1000
Houston, Texas  77019
Attention:  David M. Loev, Esq.
Telephone:  713-524-4110
Facsimile:   713-524-4122

If to an Investor: to the address set forth immediately below such Investor's
name on the signature pages to the Securities Purchase Agreement.

With a copy to:

Ballard Spahr Andrews & Ingersoll, LLP
1735 Market Street
51st Floor
Philadelphia, Pennsylvania  19103
Attention:  Gerald J. Guarcini, Esq.
Telephone:  215-865-8625
Facsimile:  215-864-8999
Email:  guarcini@ballardspahr.com

     C. Failure of any party to exercise any right or remedy under this
Agreement or otherwise, or delay by a party in exercising such right or remedy,
shall not operate as a waiver thereof.

     D. THIS AGREEMENT SHALL BE ENFORCED, GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE
AND TO BE PERFORMED ENTIRELY WITHIN SUCH STATE, WITHOUT REGARD TO THE PRINCIPLES
OF CONFLICT OF LAWS. THE PARTIES HERETO HEREBY SUBMIT TO THE EXCLUSIVE
JURISDICTION OF THE UNITED STATES FEDERAL COURTS LOCATED NEW YORK, NEW YORK WITH
RESPECT TO ANY DISPUTE ARISING UNDER THIS AGREEMENT, THE AGREEMENTS ENTERED INTO
IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. BOTH
PARTIES IRREVOCABLY WAIVE THE DEFENSE OF AN INCONVENIENT FORUM TO THE
MAINTENANCE OF SUCH SUIT OR PROCEEDING. BOTH PARTIES FURTHER AGREE THAT SERVICE
OF PROCESS UPON A PARTY MAILED BY FIRST CLASS MAIL SHALL BE DEEMED IN EVERY
RESPECT EFFECTIVE SERVICE OF PROCESS UPON THE PARTY IN ANY SUCH SUIT OR
PROCEEDING. NOTHING HEREIN SHALL AFFECT EITHER PARTY'S RIGHT TO SERVE PROCESS IN
ANY OTHER MANNER PERMITTED BY LAW. BOTH PARTIES AGREE THAT A FINAL
NON-APPEALABLE 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. THE PARTY WHICH DOES NOT PREVAIL IN ANY DISPUTE ARISING UNDER
THIS AGREEMENT SHALL BE RESPONSIBLE FOR ALL FEES AND EXPENSES, INCLUDING
ATTORNEYS' FEES, INCURRED BY THE PREVAILING PARTY IN CONNECTION WITH SUCH
DISPUTE.

<PAGE>

     E. In the event that any provision of this Agreement is invalid or
unenforceable under any applicable statute or rule of law, then such provision
shall be deemed inoperative to the extent that it may conflict therewith and
shall be deemed modified to conform with such statute or rule of law. Any
provision hereof which may prove invalid or unenforceable under any law shall
not affect the validity or enforceability of any other provision hereof.

     F. This Agreement, the Notes, the Warrants and the Securities Purchase
Agreement (including all schedules and exhibits thereto) constitute the entire
agreement among the parties hereto with respect to the subject matter hereof and
thereof. There are no restrictions, promises, warranties or undertakings, other
than those set forth or referred to herein and therein. This Agreement and the
Securities Purchase Agreement supersede all prior agreements and understandings
among the parties hereto with respect to the subject matter hereof and thereof.

     G. Subject to the requirements of Section 9 hereof, this Agreement shall be
binding upon and inure to the benefit of the parties and their successors and
assigns.

     H. The headings in this Agreement are for convenience of reference only and
shall not form part of, or affect the interpretation of, this Agreement.

     I. This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original but all of which shall constitute one and the
same agreement and shall become effective when counterparts have been signed by
each party and delivered to the other party. This Agreement, once executed by a
party, may be delivered to the other party hereto by facsimile transmission of a
copy of this Agreement bearing the signature of the party so delivering this
Agreement.

     J. Each party shall do and perform, or cause to be done and performed, all
such further acts and things, and shall execute and deliver all such other
agreements, certificates, instruments and documents, as the other party may
reasonably request in order to carry out the intent and accomplish the purposes
of this Agreement and the consummation of the transactions contemplated hereby.

     K. Except as otherwise provided herein, all consents and other
determinations to be made by the Investors pursuant to this Agreement shall be
made by Investors holding a majority of the Registrable Securities, determined
as if the all of the Notes then outstanding have been converted into for
Registrable Securities.

     L. The Company acknowledges that a breach by it of its obligations
hereunder will cause irreparable harm to each Investor by vitiating the intent
and purpose of the transactions contemplated hereby. Accordingly, the Company
acknowledges that the remedy at law for breach of its obligations under this
Agreement will be inadequate and agrees, in the event of a breach or threatened
breach by the Company of any of the provisions under this Agreement, that each
Investor shall be entitled, in addition to all other available remedies in law
or in equity, and in addition to the penalties assessable herein, to an
injunction or injunctions restraining, preventing or curing any breach of this
Agreement and to enforce specifically the terms and provisions hereof, without
the necessity of showing economic loss and without any bond or other security
being required.

<PAGE>

     M. The language used in this Agreement will be deemed to be the language
chosen by the parties to express their mutual intent, and no rules of strict
construction will be applied against any party.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

IN  WITNESS  WHEREOF,  the  Company  and  the undersigned Initial Investors have
caused  this  Agreement  to be duly executed as of the date first above written.

MT ULTIMATE HEALTHCARE CORP.

/s/ MacDonald S. Tudeme
-------------------------------------
MacDonald S. Tudeme
Chief Executive Officer

AJW PARTNERS, LLC
By:  SMS Group, LLC

/s/ Corey S. Ribotsky
-------------------------------------
Corey S. Ribotsky
Manager

AJW OFFSHORE, LTD.
By:  First Street Manager II, LLC

/s/ Corey S. Ribotsky
-------------------------------------
Corey S. Ribotsky
Manager

AJW QUALIFIED PARTNERS, LLC
By:  AJW Manager, LLC

/s/ Corey S. Ribotsky
-------------------------------------
Corey S. Ribotsky
Manager

NEW MILLENNIUM CAPITAL PARTNERS, II, LLC
By:  First Street Manager II, LLC

/s/ Corey S. Ribotsky
-------------------------------------
Corey S. Ribotsky
Manager

<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}]]