Document:

WHERIFY
        WIRELESS, INC.

    

    PROMISSORY
      NOTE

     

    
      	February 22, 2006	
               $1,000,000.00

            

    

     

    FOR
      VALUE
      RECEIVED, Wherify Wireless, Inc., a Delaware corporation (the “Borrower”),
      promises to pay to Stephen J. Luczo, or registered assigns (the “Lender”),
      the
      principal sum of $1,000,000 on demand at any time after six months after the
      date hereof, and to pay simple interest on the unpaid principal balance from
      the
      date of this Note until paid in full at an annual rate equal to 7.5% (seven
      and
      one-half percent per annum).

     

    Interest
      shall be computed on the basis of a year of 365 days for the actual number
      of days elapsed. 

     

    Demand
      shall be made on Borrower at 2000 Bridge Parkway, Suite 201, Redwood Shores,
      California 94065, or its principal place of business in the State of California
      if different from such address. 

     

    The
      principal of and interest on this Note shall be payable at PO Box 66360, Scotts
      Valley, California 95066 in lawful money of the United States of America in
      immediately available funds and without set-off or counterclaim, free and clear
      of and without deduction for any present or future taxes, restrictions or
      conditions of any nature.

     

    The
      Borrower waives diligence, presentment, protest and notice of protest, dishonor
      and nonpayment of this Note.

     

    This
      Note
      shall be governed by and construed in accordance with the laws of the State
      of
      California applicable to contracts to be performed wholly within
      California.

     

    EXECUTED
      at Redwood Shores, California.

     

    
      	 	 	 
	 	
              WHERIFY
                WIRELESS, INC.

            
	 
 	 
 	 
 
	 	By:  	/s/ Timothy
              J. Neher
	 	
              

              Timothy
                J. Neher, Chief Executive OfficerWHERIFY
        WIRELESS, INC. 

      PLACEMENT
        AGENT AGREEMENT

      

      

      Dated
        as
        of: March
        10,
        2006

      

      Newbridge
        Securities Corporation

      1451
        Cypress Creek Road, Suite 204

      Fort
        Lauderdale, Florida 33309

      

      Ladies
        and Gentlemen:

      

      The
        undersigned, Wherify Wireless, Inc., a Delaware corporation (the “Company”),
        hereby agrees with
        Newbridge Securities Corporation (the “Placement
        Agent”)
        as
        follows:

      

      1. Offering
        and Placement Agent Services.
        The
        Company hereby engages the Placement Agent to act as its exclusive placement
        agent in connection with the Standby Equity Distribution Agreement (the
“Standby
        Equity Distribution Agreement”)
        dated
        the date hereof between the Company and Cornell Capital Partners, LP (the
        “Investor”),
        pursuant to which the Company shall issue and sell to the Investor, from
        time to
        time, and the Investor shall purchase from the Company (the “Offering”)
        up to
        Forty Million Dollars ($40,000,000) (the “Commitment
        Amount”)
        of the
        Company’s common stock, par value $0.01 per share (the “Common
        Stock”),
        at
        price per share equal to the Purchase Price, as that term is defined in the
        Standby Equity Distribution Agreement. The
        Placement Agent shall provide consulting services to the Company in connection
        with the Standby Equity Distribution Agreement and advise
        the Company with
        respect to those
        terms.
        The
        Placement Agent shall be available to the Company for consultation in connection
        with the Offering and the calculation of shares to be issued in the Offering.
        

       

      All
        capitalized terms used herein and not otherwise defined herein shall have
        the
        same meaning ascribed to them as in the Standby Equity Distribution Agreement.
        The Investor will be granted certain registration rights with respect to
        the
        Common Stock as more fully set forth in the Registration Rights Agreement
        between the Company and the Investor dated the date hereof (the “Registration
        Rights Agreement”).
        The
        documents to be executed and delivered in connection with the Offering,
        including, but not limited, to the
        Company’s latest Quarterly Report on Form 10-QSB as filed with the United States
        Securities and Exchange Commission, this
        Agreement, the Standby Equity Distribution Agreement, and the Registration
        Rights Agreement are referred to sometimes hereinafter collectively as the
        “Offering
        Materials.”
The
        Company’s Common Stock
        purchased by the Investor under
        the
        Standby Equity Distribution Agreement is sometimes referred to hereinafter
        as
        the “Securities.”
The
        Placement Agent shall not be obligated to sell any Securities.

       

      2. Compensation.

       

      A. Upon
        the
        execution of this Agreement, the Company shall issue to the Placement Agent
        or
        its designee 7.092
        shares
        of the Company’s Common Stock (an amount worth Ten Thousand Dollars ($10,000))
        (the “Placement
        Agent’s Shares”).
        The
        Placement Agent shall be entitled to “piggy-back” registration rights with
        respect to the Placement Agent’s Shares, which shall be triggered upon
        registration of any shares of Common Stock by the Company pursuant to the
        Registration Rights Agreement dated the date hereof. 

       

      
        
           

        

        
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      3. Representations,
        Warranties and Covenants of the Placement Agent.

       

      A. The
        Placement Agent represents, warrants and covenants as follows:

       

      (i) The
        Placement Agent has the necessary power to enter into this Agreement and
        to
        consummate the transactions contemplated hereby.

       

      (ii) The
        execution and delivery by the Placement Agent of this Agreement and the
        consummation of the transactions contemplated herein will not result in any
        violation of, or be in conflict with, or constitute a default under, any
        agreement or instrument to which the Placement Agent is a party or by which
        the
        Placement Agent or its properties are bound, or any judgment, decree, order
        or,
        to the Placement Agent’s knowledge, any statute, rule or regulation applicable
        to the Placement Agent. This Agreement when executed and delivered by the
        Placement Agent, will constitute the legal, valid and binding obligations
        of the
        Placement Agent, enforceable in accordance with their respective terms, except
        to the extent that (a) the enforceability hereof or thereof may be limited
        by
        bankruptcy, insolvency, reorganization, moratorium or similar laws from time
        to
        time in effect and affecting the rights of creditors generally, (b) the
        enforceability hereof or thereof is subject to general principles of equity,
        or
        (c) the indemnification provisions hereof or thereof may be held to be in
        violation of public policy.

       

      (iii) Upon
        receipt and execution of this Agreement, the Placement Agent will promptly
        forward copies of this Agreement to the Company or its counsel and the Investor
        or its counsel.

       

      (iv) The
        Placement Agent will not intentionally take any action that it reasonably
        believes would cause the Offering to violate the provisions of the Securities
        Act of 1933, as amended (the “1933
        Act”),
        the
        Securities Exchange Act of 1934 (the “1934
        Act”),
        the
        respective rules and regulations promulgated thereunder
        (the
“Rules
        and Regulations”)
        or
        applicable “Blue Sky” laws of any state or jurisdiction.

       

      (v) The
        Placement Agent is a member of the National Association of Securities Dealers,
        Inc., and is a broker-dealer registered as such under the 1934 Act and under
        the
        securities laws of the states in which the Securities will be offered or
        sold by
        the Placement Agent unless an exemption for such state registration is available
        to the Placement Agent. The Placement Agent is in material
        compliance
        with the
        rules
        and regulations applicable to the Placement Agent generally and applicable
        to
        the Placement Agent’s participation in the Offering.

       

      
        
           

        

        
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      4. Representations
        and Warranties of the Company.

       

      A. The
        Company represents and warrants as follows:

       

      (i) Organization
        and Qualification.
        The
        Company is duly incorporated or organized and validly existing in the
        jurisdiction of its incorporation or organization and has all requisite
        corporate power to own its properties and to carry on its business as now
        being
        conducted. Each of the Company and its subsidiaries is duly qualified as
        a
        foreign corporation to do business and is in good standing in every jurisdiction
        in which the nature of the business conducted by it makes such qualification
        necessary, except to the extent that the failure to be so qualified or be
        in
        good standing would not have a Material Adverse Effect on the Company and
        its
        subsidiaries taken as a whole.

       

      (ii) Authorization,
        Enforcement, Compliance with Other Instruments.
        (i) The
        Company has the requisite corporate power and authority to enter into and
        perform this Agreement, the Registration Rights Agreement, the Standby Equity
        Distribution Agreement and any related agreements, in accordance with the
        terms
        hereof and thereof, (ii) the execution and delivery of this Agreement, the
        Registration Rights Agreement, the Standby Equity Distribution Agreement
        and any
        related agreements by the Company and the consummation by it of the transactions
        contemplated hereby and thereby, have been duly authorized by the Company’s
        Board of Directors and no further consent or authorization is required by
        the
        Company, its Board of Directors or its stockholders, (iii) this Agreement,
        the Registration Rights Agreement, the Standby Equity Distribution Agreement
        and
        any related agreements have been duly executed and delivered by the Company,
        (iv) this Agreement, the Registration Rights Agreement, the Standby Equity
        Distribution Agreement and assuming the execution and delivery thereof and
        acceptance by the Placement Agent and any related agreements constitute the
        valid and binding obligations of the Company enforceable against the Company
        in
        accordance with their terms, except as such enforceability may be limited
        by
        general principles of equity or applicable bankruptcy, insolvency,
        reorganization, moratorium, liquidation or similar laws relating to, or
        affecting generally, the enforcement of creditors’ rights and
        remedies.
        

       

      (iii) Capitalization.
        As of
        the date hereof, the authorized capital stock of the Company consists of
        100,000,000 shares of Common Stock and 10,000,000 shares of Preferred Stock,
        (“Preferred
        Stock”),
        of
        which 54,958,496 shares of Common Stock and no shares of Preferred Stock
        are
        issued and outstanding. All of such outstanding shares have been validly
        issued
        and are fully paid and nonassessable. Except as disclosed in the SEC Documents,
        no shares of Common Stock are subject to preemptive rights or any other similar
        rights or any liens or encumbrances suffered or permitted by the Company.
        Except
        as disclosed in the SEC Documents, as of the date hereof, (i) there are no
        outstanding options, warrants, scrip, rights to subscribe to, calls or
        commitments of any character whatsoever relating to, or securities or rights
        convertible into, any shares of capital stock of the Company or any of its
        subsidiaries, or contracts, commitments, understandings or arrangements by
        which
        the Company or any of its subsidiaries is or may become bound to issue
        additional shares of capital stock of the Company or any of its subsidiaries
        or
        options, warrants, scrip, rights to subscribe to, calls or commitments of
        any
        character whatsoever relating to, or securities or rights convertible into,
        any
        shares of capital stock of the Company or any of its subsidiaries, (ii) there
        are no outstanding debt securities (iii) there
        are no outstanding registration statements other than on Form S-8 and (iv)
        there
        are no agreements or arrangements under which the Company or any of its
        subsidiaries is obligated to register the sale of any of their securities
        under
        the Securities Act (except pursuant to the Registration Rights Agreement).
        There
        are no securities or instruments containing anti-dilution or similar provisions
        that will be triggered by this Agreement or any related agreement or the
        consummation of the transactions described herein or therein.

       

      
        
           

        

        
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      (iv) No
        Conflict.
        The
        execution, delivery and performance of this Agreement by the Company and
        the
        consummation by the Company of the transactions contemplated hereby will
        not (i)
        result in a violation of the Certificate of Incorporation, any certificate
        of
        designations of any outstanding series of preferred stock of the Company
        or
        By-laws or (ii) conflict with or constitute a default (or an event which
        with
        notice or lapse of time or both would become a default) under, or give to
        others
        any rights of termination, amendment, acceleration or cancellation of, any
        agreement, indenture or instrument to which the Company or any of its
        subsidiaries is a party, or result in a violation of any law, rule, regulation,
        order, judgment or decree (including federal and state securities laws and
        regulations and the rules and regulations of the Principal Market on which
        the
        Common Stock is quoted) applicable to the Company or any of its subsidiaries
        or
        by which any material property or asset of the Company or any of its
        subsidiaries is bound or affected and which would cause a Material Adverse
        Effect. Except as disclosed in the SEC Documents, neither the Company nor
        its
        subsidiaries is in violation of any term of or in default under its Articles
        of
        Incorporation or By-laws or their organizational charter or by-laws,
        respectively, or any material contract, agreement, mortgage, indebtedness,
        indenture, instrument, judgment, decree or order or any statute, rule or
        regulation applicable to the Company or its subsidiaries. The business of
        the
        Company and its subsidiaries is not being conducted in violation of any material
        law, ordinance, regulation of any governmental entity. Except as specifically
        contemplated by this Agreement and as required under the Securities Act and
        any
        applicable state securities laws, the Company is not required to obtain any
        consent, authorization or order of, or make any filing or registration with,
        any
        court or governmental agency in order for it to execute, deliver or perform
        any
        of its obligations under or contemplated by this Agreement or the Registration
        Rights Agreement in accordance with the terms hereof or thereof. All consents,
        authorizations, orders, filings and registrations which the Company is required
        to obtain pursuant to the preceding sentence have been obtained or effected
        on
        or prior to the date hereof. The Company and its subsidiaries are unaware
        of any
        fact or circumstance which might give rise to any of the foregoing.

       

      (v) SEC
        Documents; Financial Statements.
        The
        Company has filed all reports, schedules, forms, statements and other documents
        required to be filed by it with the SEC under the Exchange Act since January
        1,
        2003. The Company has delivered to the Placement Agent or its representatives,
        or made available through the SEC’s website at http://www.sec.gov, true and
        complete copies of the SEC Documents. As of their respective dates, the
        financial statements of the Company disclosed in the SEC Documents (the
“Financial
        Statements”)
        complied as to form in all material respects with applicable accounting
        requirements and the published rules and regulations of the SEC with respect
        thereto. Such financial statements have been prepared in accordance with
        generally accepted accounting principles, consistently applied, during the
        periods involved (except (i) as may be otherwise indicated in such financial
        statements or the notes thereto, or (ii) in the case of unaudited interim
        statements, to the extent they may exclude footnotes or may be condensed
        or
        summary statements) and, fairly present in all material respects the financial
        position of the Company as of the dates thereof and the results of its
        operations and cash flows for the periods then ended (subject, in the case
        of
        unaudited statements, to normal year-end audit adjustments). No other
        information provided by or on behalf of the Company to the Placement Agent
        which
        is not included in the SEC Documents contains any untrue statement of a material
        fact or omits to state any material fact necessary in order to make the
        statements therein, in the light of the circumstances under which they were
        made, not misleading.
        

       

      
        
           

        

        
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      (vi) 10b-5.
        The SEC
        Documents do not include any untrue statements of material fact, nor do they
        omit to state any material fact required to be stated therein necessary to
        make
        the statements made, in light of the circumstances under which they were
        made,
        not misleading.

       

      (vii) No
        Default.
        Except
        as disclosed in the SEC Documents, the Company is not in default in the
        performance or observance of any material obligation, agreement, covenant
        or
        condition contained in any indenture, mortgage, deed of trust or other material
        instrument or agreement to which it is a party or by which it is or its property
        is bound and neither the execution, nor the delivery by the Company, nor
        the
        performance by the Company of its obligations under this Agreement or any
        of the
        exhibits or attachments hereto will conflict with or result in the breach
        or
        violation of any of the terms or provisions of, or constitute a default or
        result in the creation or imposition of any lien or charge on any assets
        or
        properties of the Company under its Certificate of Incorporation, By-Laws,
        any
        material indenture, mortgage, deed of trust or other material agreement
        applicable to the Company or instrument to which the Company is a party or
        by
        which it is bound, or any statute, or any decree, judgment, order, rules
        or
        regulation of any court or governmental agency or body having jurisdiction
        over
        the Company or its properties, in each case which default, lien or charge
        is
        likely to cause a Material Adverse Effect on the Company’s business or financial
        condition.

       

      (viii) Absence
        of Events of Default.
        Except
        for matters described in the SEC Documents and/or this Agreement, no Event
        of
        Default, as defined in the respective agreement to which the Company is a
        party,
        and no event which, with the giving of notice or the passage of time or both,
        would become an Event of Default (as so defined), has occurred and is
        continuing, which would have a Material Adverse Effect on the Company’s
        business, properties, prospects, financial condition or results of
        operations.

       

      (ix) Intellectual
        Property Rights.
        The
        Company and its subsidiaries own or possess adequate rights or licenses to
        use
        all material trademarks, trade names, service marks, service mark registrations,
        service names, patents, patent rights, copyrights, inventions, licenses,
        approvals, governmental authorizations, trade secrets and rights necessary
        to
        conduct their respective businesses as now conducted. The Company and its
        subsidiaries do not have any knowledge of any infringement by the Company
        or its
        subsidiaries of trademark, trade name rights, patents, patent rights,
        copyrights, inventions, licenses, service names, service marks, service mark
        registrations, trade secret or other similar rights of others, and, to the
        knowledge of the Company, there is no claim, action or proceeding being made
        or
        brought against, or to the Company’s knowledge, being threatened against, the
        Company or its subsidiaries regarding trademark, trade name, patents, patent
        rights, invention, copyright, license, service names, service marks, service
        mark registrations, trade secret or other infringement; and the Company and
        its
        subsidiaries are unaware of any facts or circumstances which might give rise
        to
        any of the foregoing.

       

      
        
           

        

        
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      (x) Employee
        Relations.
        Neither
        the Company nor any of its subsidiaries is involved in any labor dispute
        nor, to
        the knowledge of the Company or any of its subsidiaries, is any such dispute
        threatened. None of the Company’s or its subsidiaries’ employees is a member of
        a union and the Company and its subsidiaries believe that their relations
        with
        their employees are good.

       

      (xi) Environmental
        Laws.
        The
        Company and its subsidiaries are (i) in compliance with any and all applicable
        material foreign, federal, state and local laws and regulations relating
        to the
        protection of human health and safety, the environment or hazardous or toxic
        substances or wastes, pollutants or contaminants (“Environmental
        Laws”),
        (ii)
        have received all permits, licenses or other approvals required of them under
        applicable Environmental Laws to conduct their respective businesses and
        (iii)
        are in compliance with all terms and conditions of any such permit, license
        or
        approval.

       

      (xii) Title.
        Except
        as set forth in the SEC Documents, the Company has good and marketable title
        to
        its properties and material assets owned by it, free and clear of any pledge,
        lien, security interest, encumbrance, claim or equitable interest other than
        such as are not material to the business of the Company. Any real property
        and
        facilities held under lease by the Company and its subsidiaries are held
        by them
        under valid, subsisting and enforceable leases with such exceptions as are
        not
        material and do not interfere with the use made and proposed to be made of
        such
        property and buildings by the Company and its subsidiaries.

       

      (xiii) Insurance.
        The
        Company and each of its subsidiaries are insured by insurers of recognized
        financial responsibility against such losses and risks and in such amounts
        as
        management of the Company believes to be prudent and customary in the businesses
        in which the Company and its subsidiaries are engaged. Neither the Company
        nor
        any such subsidiary has been refused any insurance coverage sought or applied
        for and neither the Company nor any such subsidiary has any reason to believe
        that it will not be able to renew its existing insurance coverage as and
        when
        such coverage expires or to obtain similar coverage from similar insurers
        as may
        be necessary to continue its business at a cost that would not materially
        and
        adversely affect the condition, financial or otherwise, or the earnings,
        business or operations of the Company and its subsidiaries, taken as a
        whole. 

       

      (xiv) Regulatory
        Permits.
        The
        Company and its subsidiaries possess all material certificates, authorizations
        and permits issued by the appropriate federal, state or foreign regulatory
        authorities necessary to conduct their respective businesses, and neither
        the
        Company nor any such subsidiary has received any notice of proceedings relating
        to the revocation or modification of any such certificate, authorization
        or
        permit.

       

      (xv) Internal
        Accounting Controls.
        Except
        as disclosed in the SEC Documents, the Company and each of its subsidiaries
        maintain a system of internal accounting controls sufficient to provide
        reasonable assurance that (i) transactions are executed in accordance with
        management’s general or specific authorizations, (ii) transactions are recorded
        as necessary to permit preparation of financial statements in conformity
        with
        generally accepted accounting principles and to maintain asset accountability,
        (iii) access to assets is permitted only in accordance with management’s general
        or specific authorization and (iv) the recorded accountability for assets
        is
        compared with the existing assets at reasonable intervals and appropriate
        action
        is taken with respect to any differences.

       

      
        
           

        

        
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      (xvi) No
        Material Adverse Breaches, etc.
        Except
        as set forth in the SEC Documents, neither the Company nor any of its
        subsidiaries is subject to any charter, corporate or other legal restriction,
        or
        any judgment, decree, order, rule or regulation which in the judgment of
        the
        Company’s officers has or is expected in the future to have a Material Adverse
        Effect on the business, properties, operations, financial condition, results
        of
        operations or prospects of the Company or its subsidiaries. Except as set
        forth
        in the SEC Documents, neither the Company nor any of its subsidiaries is
        in
        breach of any contract or agreement which breach, in the judgment of the
        Company’s officers, has or is expected to have a Material Adverse Effect on the
        business, properties, operations, financial condition, results of operations
        or
        prospects of the Company or its subsidiaries.

       

      (xvii) Absence
        of Litigation.
        Except
        as set forth in the SEC Documents, there is no action, suit, proceeding,
        inquiry
        or investigation before or by any court, public board, government agency,
        self-regulatory organization or body pending against or affecting the Company,
        the Common Stock or any of the Company’s subsidiaries, wherein an unfavorable
        decision, ruling or finding would (i) have a Material Adverse Effect on the
        transactions contemplated hereby (ii) adversely affect the validity or
        enforceability of, or the authority or ability of the Company to perform
        its
        obligations under, this Agreement or any of the documents contemplated herein,
        or (iii) except as expressly disclosed in the SEC Documents, have a Material
        Adverse Effect on the business, operations, properties, financial condition
        or
        results of operation of the Company and its subsidiaries taken as a
        whole.

       

      (xviii) Subsidiaries.
        Except
        as disclosed in the SEC Documents, the Company does not presently own or
        control, directly or indirectly, any interest in any other corporation,
        partnership, association or other business entity.

       

      (xix) Tax
        Status.
        Except
        as disclosed in the SEC Documents, the Company and each of its subsidiaries
        has
        paid all taxes and other governmental assessments and charges that are material
        in amount, shown or determined to be due on such returns, reports and
        declarations, except those being contested in good faith. To the best of
        the
        Company’s knowledge, there are no unpaid taxes in any material amount claimed to
        be due by the taxing authority of any jurisdiction, and the officers of the
        Company know of no basis for any such claim.

       

      (xx) Certain
        Transactions.
        Except
        as set forth in the SEC Documents none of the officers, directors, or employees
        of the Company is presently a party to any transaction with the Company (other
        than for services as employees, officers and directors), including any contract,
        agreement or other arrangement providing for the furnishing of services to
        or
        by, providing for rental of real or personal property to or from, or otherwise
        requiring payments to or from any officer, director or such employee or,
        to the
        knowledge of the Company, any corporation, partnership, trust or other entity
        in
        which any officer, director, or any such employee has a substantial interest
        or
        is an officer, director, trustee or partner.

       

      
        
           

        

        
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      5. Certain
        Covenants and Agreements of the Company.

       

      The
        Company covenants and agrees at its expense and without any expense to the
        Placement Agent as follows:

       

      A. To
        advise
        the Placement Agent of
        any
        material adverse change in the Company’s financial condition, prospects or
        business or of any development materially affecting the Company or rendering
        untrue or misleading any material statement in the Offering Materials (taken
        as
        a whole) occurring at any time as soon as the Company is either informed
        or
        becomes aware thereof.

       

      B. To
        use
        its commercially reasonable efforts to cause the Common Stock issuable in
        connection with the Standby Equity Distribution Agreement to be qualified
        or
        registered for sale on terms consistent with those stated in the Registration
        Rights Agreement and under the securities laws of such jurisdictions as the
        Placement Agent shall reasonably request. Qualification, registration and
        exemption charges and fees shall be at the sole cost and expense of the
        Company.

       

      C. Upon
        written request, to provide and continue to provide the Placement Agent copies
        of all quarterly financial statements and audited annual financial statements
        prepared by or on behalf of the Company, other reports prepared by or on
        behalf
        of the Company for public disclosure and all documents delivered to the
        Company’s stockholders.

       

      D. To
        comply
        with the terms of the Offering Materials.

       

      E. To
        ensure
        that any transactions between or among the Company, or any of its officers,
        directors and affiliates be on terms and conditions that are no less favorable
        to the Company, than the terms and conditions that would be available in
        an
“arm’s length” transaction with an independent third party.

       

      F. Upon
        the
        effectiveness of a registration statement covering the Securities, the Company
        shall promptly provide the Placement Agent with an opinion of Counsel to
        the
        Company, which opinion shall be in form and substance reasonably satisfactory
        to
        and the Placement Agent.

       

      G. At
        or
        prior to the Closing, the Company shall have been furnished such documents,
        certificates and opinions as it may reasonably require for the purpose of
        enabling the Placement Agent to review or pass upon the matters referred
        to in
        this Agreement and the Offering Materials, or in order to evidence the accuracy,
        completeness or satisfaction of any of the representations, warranties or
        conditions herein contained.

       

      
        
           

        

        
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      6. Indemnification
        and
        Limitation of Liability.

       

      A. The
        Company hereby agrees that it will indemnify and hold the Placement Agent
        and
        each officer, director, shareholder, employee or representative of the Placement
        Agent and each person controlling, controlled by or under common control
        with
        the Placement Agent within the meaning of Section 15 of the 1933 Act or Section
        20 of the 1934 Act or the SEC’s Rules and Regulations promulgated thereunder
        (the “Rules
        and Regulations”),
        harmless from and against any and all loss, claim, damage, liability, cost
        or
        expense whatsoever (including, but not limited to, any and all reasonable
        legal
        fees and other expenses and disbursements incurred in connection with
        investigating, preparing to defend or defending any action, suit or proceeding,
        including any inquiry or investigation, commenced or threatened, or any claim
        whatsoever or in appearing or preparing for appearance as a witness in any
        action, suit or proceeding, including any inquiry, investigation or pretrial
        proceeding such as a deposition) to which the Placement Agent or such
        indemnified person of the Placement Agent may become subject under the 1933
        Act,
        the 1934 Act, the Rules and Regulations, or any other federal or state law
        or
        regulation, common law or otherwise, arising out of or based upon (i) any
        untrue
        statement or alleged untrue statement of a material fact contained in (a)
        Section 4 of this Agreement, (b) the Offering Materials (except those written
        statements relating to the Placement Agent given by the
        Placement Agent
        for
        inclusion therein), (c) any application or other document or written
        communication executed by the Company or based upon written information
        furnished by the Company filed in any jurisdiction in order to qualify the
        Common Stock under the securities laws thereof, or any state securities
        commission or agency; (ii) the omission or alleged omission from documents
        described in clauses (a), (b) or (c) above of a material fact required to
        be
        stated therein or necessary to make the statements therein not misleading;
        or
        (iii) the breach of any representation, warranty, covenant or agreement made
        by
        the Company in this Agreement. The Company further agrees that upon demand
        by an
        indemnified person, at any time or from time to time, it will promptly reimburse
        such indemnified person for any loss, claim, damage, liability, cost or expense
        actually and reasonably paid by the indemnified person as to which the Company
        has indemnified such person pursuant hereto. Notwithstanding the foregoing
        provisions of this Paragraph 7(A), any such payment or reimbursement by the
        Company of fees, expenses or disbursements incurred by an indemnified person
        in
        any proceeding in which a final judgment by a court of competent jurisdiction
        (after all appeals or the expiration of time to appeal) is entered against
        the
        Placement Agent or such indemnified person based upon specific finding of
        fact
        that the Placement Agent or such indemnified person’s gross negligence or
        willful misfeasance will be promptly repaid to the Company.

       

      B. The
        Placement Agent hereby agrees that it will indemnify and hold the Company
        and
        each officer, director, shareholder, employee or representative of the Company,
        and each person controlling, controlled by or under common control with the
        Company within the meaning of Section 15 of the 1933 Act or Section 20 of
        the
        1934 Act or the Rules and Regulations, harmless from and against any and
        all
        loss, claim, damage, liability, cost or expense whatsoever (including, but
        not
        limited to, any and all reasonable legal fees and other expenses and
        disbursements incurred in connection with investigating, preparing to defend
        or
        defending any action, suit or proceeding, including any inquiry or
        investigation, commenced or threatened, or any claim whatsoever or in appearing
        or preparing for appearance as a witness in any action, suit or proceeding,
        including any inquiry, investigation or pretrial proceeding such as a
        deposition) to which the Company or such indemnified person of the Company
        may
        become subject under the 1933 Act, the 1934 Act, the Rules and Regulations,
        or
        any other federal or state law or regulation, common law or otherwise, arising
        out of or based upon (i) the material
        breach of any representation, warranty, covenant or agreement made by the
        Placement Agent in this Agreement, or (ii)
        any
        false or misleading information provided to the Company in
        writing by
        one of
        the Placement Agent’s indemnified persons
        specifically for inclusion in the Offering Materials.

       

      
        
           

        

        
          9

          
            

          

        

        
           

        

         

      

      C. Promptly
        after receipt by an indemnified party of notice of commencement of any action
        covered by Section 7(A) or (B), the party to be indemnified shall, within
        five
        (5) business days, notify the indemnifying party of the commencement thereof;
        the omission by one (1) indemnified party to so notify the indemnifying
        party shall not relieve the indemnifying party of its obligation to indemnify
        any other indemnified party that has given such notice and shall not relieve
        the
        indemnifying party of any liability outside of this indemnification if not
        materially prejudiced thereby. In the event that any action is brought against
        the indemnified party, the indemnifying party will be entitled to participate
        therein and, to the extent it may desire, to assume and control the defense
        thereof with counsel chosen by it which is reasonably acceptable to the
        indemnified party. After notice from the indemnifying party to such indemnified
        party of its election to so assume the defense thereof, the indemnifying
        party
        will not be liable to such indemnified party under such Section 7(A) or (B),
        for
        any legal or other expenses subsequently incurred by such indemnified party
        in
        connection with the defense thereof, but the indemnified party may, at its
        own
        expense, participate in such defense by counsel chosen by it, without, however,
        impairing the indemnifying party’s control of the defense. Subject to the
        proviso of this sentence and notwithstanding any other statement to the contrary
        contained herein, the indemnified party or parties shall have the right to
        choose its or their own counsel and control the defense of any action, all
        at
        the expense of the indemnifying party if (i) the employment of such counsel
        shall have been authorized in writing by the indemnifying party in connection
        with the defense of such action at the expense of the indemnifying party,
        or
        (ii) the indemnifying party shall not have employed counsel reasonably
        satisfactory to such indemnified party to have charge of the defense of such
        action within a reasonable time after notice of commencement of the action,
        or
        (iii) such indemnified party or parties shall have reasonably concluded that
        there may be defenses available to it or them which are different from or
        additional to those available to one or all of the indemnifying parties (in
        which case the indemnifying parties shall not have the right to direct the
        defense of such action on behalf of the indemnified party or parties), in
        any of
        which events such fees and expenses of one additional counsel shall be borne
        by
        the indemnifying party; provided, however, that the indemnifying party shall
        not, in connection with any one action or separate but substantially similar
        or
        related actions in the same jurisdiction arising out of the same general
        allegations or circumstance, be liable for the reasonable fees and expenses
        of
        more than one separate firm of attorneys at any time for all such indemnified
        parties. No settlement of any action or proceeding against an indemnified
        party
        shall be made without the consent of the indemnifying party.

       

      D. In
        order
        to provide for just and equitable contribution in circumstances in which
        the
        indemnification provided for in Section 7(A) or 7(B) is due in accordance
        with
        its terms but is for any reason held by a court to be unavailable on grounds
        of
        policy or otherwise, the Company and the Placement Agent shall contribute
        to the
        aggregate losses, claims, damages and liabilities (including legal or other
        expenses reasonably incurred in connection with the investigation or defense
        of
        same) which the other may incur in such proportion so that the Placement
        Agent
        shall be responsible for such percent of the aggregate of such losses, claims,
        damages and liabilities as shall equal the percentage of the gross proceeds
        paid
        to the Placement Agent and the Company shall be responsible for the balance;
        provided, however, that no person guilty of fraudulent misrepresentation
        within
        the meaning of Section 11(f) of the 1933 Act shall be entitled to contribution
        from any person who was not guilty of such fraudulent misrepresentation.
        For
        purposes of this Section 7(D), any person controlling, controlled by or under
        common control with the Placement Agent, or any partner, director, officer,
        employee, representative or any agent of any thereof, shall have the same
        rights
        to contribution as the Placement Agent and each person controlling, controlled
        by or under common control with the Company within the meaning of Section
        15 of
        the 1933 Act or Section 20 of the 1934 Act and each officer of the Company
        and
        each director of the Company shall have the same rights to contribution as
        the
        Company. Any party entitled to contribution will, promptly after receipt
        of
        notice of commencement of any action, suit or proceeding against such party
        in
        respect of which a claim for contribution may be made against the other party
        under this Section 7(D), notify such party from whom contribution may be
        sought,
        but the omission to so notify such party shall not relieve the party from
        whom
        contribution may be sought from any obligation they may have hereunder or
        otherwise if the party from whom contribution may be sought is not materially
        prejudiced thereby. 

       

      
        
           

        

        
          10

          
            

          

        

        
           

        

         

      

      E. The
        indemnity and contribution agreements contained in this Section 7 shall remain
        operative and in full force and effect regardless of any investigation made
        by
        or on behalf of any indemnified person or any termination of this
        Agreement.

       

      F. The
        Company hereby waives, to the fullest extent permitted by law, any right
        to or
        claim of any punitive, exemplary, incidental, indirect, special, consequential
        or other damages (including, without limitation, loss of profits) against
        the
        Placement Agent and each officer, director, shareholder, employee or
        representative of the placement agent and each person controlling, controlled
        by
        or under common control with the Placement Agent within the meaning of Section
        15 of the 1933 Act or Section 20 of the 1934 Act or the Rules and Regulations
        arising out of any cause whatsoever (whether such cause be based in contract,
        negligence, strict liability, other tort or otherwise). Notwithstanding anything
        to the contrary contained herein, the aggregate liability of the Placement
        Agent
        and each officer, director, shareholder, employee or representative of the
        Placement Agent and each person controlling, controlled by or under common
        control with the Placement Agent within the meaning of Section 15 of the
        1933
        Act or Section 20 of the 1934 Act or the Rules and Regulations shall not
        exceed
        the compensation received by the Placement Agent pursuant to Section 2 hereof.
        This limitation of liability shall apply regardless of the cause of action,
        whether contract, tort (including, without limitation, negligence) or breach
        of
        statute or any other legal or equitable obligation.

       

      7. Payment
        of Expenses.

       

      The
        Company hereby agrees to bear all of the expenses in connection with the
        Offering, including, but not limited to the following: filing fees, printing
        and
        duplicating costs, advertisements, postage and mailing expenses with respect
        to
        the transmission of Offering Materials, registrar and transfer agent fees,
        escrow agent fees and expenses, fees of the Company’s counsel and accountants,
        issue and transfer taxes, if any. 

       

      8. Termination.

       

      This
        Agreement shall be co-terminus with, and terminate upon the same terms and
        conditions as those set forth in the Standby Equity Distribution Agreement.
        

       

      
        
           

        

        
          11

          
            

          

        

        
           

        

         

      

      9. Miscellaneous.

       

      A. This
        Agreement may be executed in any number of counterparts, each of which shall
        be
        deemed to be an original, but all which shall be deemed to be one and the
        same
        instrument.

       

      B. Any
        notice required or permitted to be given hereunder shall be given in writing
        and
        shall be deemed effective when deposited in the United States mail, postage
        prepaid, or when received if personally delivered or faxed (upon confirmation
        of
        receipt received by the sending party), addressed as follows
        to such
        other address of which written notice is given to the others):

       

      
        	
                If
                  to Placement Agent, to:

              	
                Newbridge
                  Securities Corporation

              
	 	
                1451
                  Cypress Creek Road, Suite 204

              
	 	
                Fort
                  Lauderdale, Florida 33309

              
	 	
                Attention: Doug
                  Aguililla

              
	 	
                Telephone: (954)
                  334-3450

              
	 	
                Facsimile: (954)
                  229-9937

              
	 	 
	
                If
                  to the Company, to:

              	
                Wherify
                  Wireless, Inc.

              
	 	
                2000
                  Bridge Parkway, Suite 201

              
	 	
                Redwood
                  Shores, CA 94065

              
	 	
                Attention: Chief
                  Executive Officer

              
	 	
                Telephone: (650)
                  551-5200

              
	 	
                Facsimile: (650)
                  551-5225

              
	 	 
	
                With
                  a copy to:

              	
                Allen
                  Matkins Leck Gamble & Mallory LLP

              
	 	
                Three
                  Embarcadero Center, 12th
                  Floor

              
	 	
                San
                  Francisco, CA 94111

              
	 	
                Attention:
                  D. Stanley Rowland 

              
	 	
                Telephone: (415)
                  837-1515

              
	 	
                Facsimile: (415)
                  837-1516

              
	 	 
	 	 

      

      

      C. This
        Agreement shall be governed by and construed in all respects under the laws
        of
        the State of Delaware, without reference to its conflict of laws rules or
        principles. Any suit, action, proceeding or litigation arising out of or
        relating to this Agreement shall be brought and prosecuted in such federal
        or
        state court or courts located within the State of New Jersey as provided
        by law.
        The parties hereby irrevocably and unconditionally consent to the jurisdiction
        of each such court or courts located within the State of New Jersey and to
        service of process by registered or certified mail, return receipt requested,
        or
        by any other manner provided by applicable law, and hereby irrevocably and
        unconditionally waive any right to claim that any suit, action, proceeding
        or
        litigation so commenced has been commenced in an inconvenient
        forum.

       

      D. This
        Agreement and the other agreements referenced herein contain the entire
        understanding between the parties hereto and may not be modified or amended
        except by a writing duly signed by the party against whom enforcement of
        the
        modification or amendment is sought.

       

      
        
           

        

        
          12

          
            

          

        

        
           

        

      

       

      E. If
        any
        provision of this Agreement shall be held to be invalid or unenforceable,
        such
        invalidity or unenforceability shall not affect any other provision of this
        Agreement.

       

      [REMAINDER
        OF PAGE INTENTIONALLY LEFT BLANK]

      

      

      
        
           

        

        
          13

          
            

          

        

        
           

        

      

       

    

     

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

     

    
      	 	 	 
	 	
              Wherify
                Wireless, Inc.

            
	 
 	 
 	 
 
	 	By:  	/s/ Timothy
              J. Neher
	 	
              

              Name: Timothy
                J. Neher

            
	 	
              Title: Chief
                Executive Officer

            

    

     

    
      	 	 	 
	 	
              Newbridge
                Securities Corporation

            
	 
 	 
 	 
 
	 	By:  	/s/ Guy
              S.
              Amico
	 	
              

              Name: Guy
                S. Amico

            
	 	
              Title: President

            

    

     

    
      
        
        

      

      
        14

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