Document:

UNSECURED
      PROMISSORY NOTE

    

    $200,000.00

    April
      __,
      2008

    

    FOR
      VALUE
      RECEIVED, the undersigned, ACTIGA CORPORATION, a Nevada corporation (together
      with its successors and assigns, the "Borrower"), hereby promises to pay to
      the
      order of lender, a _______ corporation (together with its successors and
      assigns, the "Lender"), at the Lender's offices at _______ (or such other place
      as the Lender may designate in writing to the Borrower), the aggregate principal
      sum of two hundred thousand ($200,000.00), with interest, upon the terms and
      subject to the conditions of this unsecured promissory note (the "Note") as
      set
      forth below. The Lender and Borrower collectively shall be referred to as the
      “Parties.”

    

    1.
      PAYMENT
      AND PREPAYMENT.

    

    (a)
      REPAYMENT OF PRINCIPAL. The Borrower shall repay the principal amount of this
      Note in one lump sum on the earlier of (i) the first anniversary of the date
      hereof (the “Maturity Date”) or (ii) an Event of Default (as defined
      hereinafter).

    

    (b)
      PAYMENT OF INTEREST. The unpaid principal amount of this Note shall accrue
      interest (computed on the basis of a 365-day year) at the rate of fifteen
      percent (15%) per annum. Borrower shall repay the interest owed at the time
      of
      the Maturity Date. The interest owed at the time of the Maturity Date will
      be
      thirty-seven thousand five-hundred dollars ($30,000).

    

    (c)
      ADDITIONAL INTEREST. If payment of any amount due under this Note shall be
      overdue, such overdue amount shall continue to bear interest from and after
      the
      Maturity Date, to and including the date when paid in full.

    

    (d)
      PREPAYMENT. Any amounts due under this Note may be prepaid in full. If Borrower
      prepays the full principal amount owed, Borrower shall be subject to a
      prepayment premium. The prepayment premium shall be the immediate payment of
      the
      full interest owed for the one-year term, thirty-seven thousand five-hundred
      dollars ($30,000).

    

    (e)
      MANNER OF PAYMENT AND PREPAYMENT. Payments and prepayments under this Note
      shall
      be applied first to interest accrued but unpaid and then to principal. If the
      due date of any required payment under this Note is not a "business day" (for
      this purpose, any day other than a Saturday, Sunday or legal holiday, such
      required payment shall be due and payable on the immediately succeeding business
      day. 

    

    2.
      EVENTS
      OF DEFAULT.
      The
      occurrence and continuation of any one or more of the following events shall
      constitute an event of default under this Note ("Event of
      Default"):

    

    (a)
      PAYMENT DEFAULT. The Borrower shall fail to make any required payment of
      principal of or interest on this Note.

    

    (b)
      BANKRUPTCY DEFAULT. The Borrower shall (i) commence any case, proceeding or
      other action relating to seeking to have an order for relief entered with
      respect to it or its debts, or seeking reorganization, liquidation, dissolution,
      or other such relief with respect to it or its debts, or seeking appointment
      of
      a receiver or other similar official (each of the foregoing, a "Bankruptcy
      Action"); (ii) become the debtor named in any Bankruptcy Action which results
      in
      the entry of an order for relief or any such adjudication or appointment
      described in the immediately preceding clause (i); or (iii) make a general
      assignment for the benefit of its creditors.

    

    In
      each
      and every Event of Default under clause (a) or (b) of this Section 2, the Lender
      may, without limiting any other rights it may have at law or in equity, by
      written notice to the Borrower, declare the unpaid principal of and interest
      on
      this Note due and payable, whereupon the same shall be immediately due and
      payable, without presentment, demand, protest or other notice of any kind,
      all
      of which the Borrower hereby expressly waives, and the Lender may proceed to
      enforce payment of such principal and interest or any part thereof in such
      manner as it may elect in its discretion. In each and every Event of Default,
      the unpaid principal of and interest on this Note shall be immediately due
      and
      payable without presentment, demand, protest or notice of any kind, all of
      which
      the Borrower hereby expressly waives, and the Lender may proceed to enforce
      payment of such principal and interest or any part thereof in such manner as
      it
      may elect in its discretion.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    3.
      NOTICES.
      All
      notices, requests, demands or communications required or permitted under this
      Note shall be given in writing to the Parties at their addresses as set forth
      at
      the beginning of this Note.

    

    4.
      WAIVERS;
      RIGHTS AND REMEDIES.

    

    (a)
      WAIVERS. No delay on the part of the Lender in exercising any right, power
      or
      privilege under this Note shall operate as a waiver thereof, nor shall any
      single or partial exercise of any right, power or privilege hereunder preclude
      the simultaneous or later exercise of any other right, power or privilege
      hereunder. The Borrower hereby waives to the extent not prohibited by applicable
      law any requirement of diligence or promptness on the part of the Lender to
      enforce its rights under this Note.

    

    (b)
      RIGHTS AND REMEDIES. The rights and remedies herein expressly provided are
      cumulative and not exclusive of any rights or remedies which the Lender may
      otherwise have.

    

    5.
      AMENDMENT.
      No
      amendment or other modification of this Note may be made without the written
      consent of both Parties.

    

    6.
      GOVERNING
      LAW.
      This
      Note shall be governed by and construed in accordance with the laws of
      California, and both Parties agree that any dispute related to this Note shall
      be heard in the courts of Riverside County, California.

    

    
      	 	
              BORROWER:

            
	 	 
	 	
              ACTIGA
                CORPORATION

            
	 	 
	 	
              /S/ 

            	 
	 	 	
              (NAME)

            
	 	 	
              (Title)

            
	 	 
	 	
              LENDER:

            
	 	 
	 	
              /S/

            	 
	 	
               

            	
              (NAME)

            
	 	
               

            	
              (Title)JAG
      Media Holdings, Inc.

    6865
      S.W. 18th Street, Suite B13

    Boca
      Raton, FL 33433

    April
      14,
      2008 

    

    Cryptometrics,
      Inc. 

    73
      Main
      Street 

    Tuckahoe,
      NY 10707 

    

    
      	
              Re:
                

            	
              Agreement
                Amending Merger Agreement Among JAG Media Holdings, Inc. (“JAG Media”),
                Cryptometrics Acquisition, Inc. (“Cryptometrics Acquisition”),
                Cryptometrics, Inc. (“Cryptometrics”), Robert
                Barra, Michael Vitale, Karlen & Stolzar, Thomas J. Mazzarisi and
                Stephen J. Schoepfer (collectively, the “Parties”) dated as of January 24,
                2007,
                as Further Amended by those Certain Agreements Among the Parties
                dated as
                of February 26, 2007, April 2, 2007, April 20, 2007, May 11, 2007,
                May 18,
                2007, June 15, 2007, July 16, 2007, August 16, 2007, November 7,
                2007,
                February 6, 2008 and March 31, 2008 (“Merger Agreement Amendment”)
                

            

    

    

    Gentlemen:
      

    

    This
      will
      confirm our understanding regarding the following changes to the Merger
      Agreement Amendment and the merger agreement which it amends (“Merger
      Agreement”), which have been authorized by the directors of JAG Media,
      Cryptometrics Acquisition and Cryptometrics:

     

    1. The
      Closing Date set forth in the first sentence of paragraph 8 of the Merger
      Agreement Amendment is hereby
      changed to April 28, 2008.

    

    2. The
      Automatic Termination Date of April 15, 2008 set forth in the first sentence
      of
      paragraph 9 of the Merger Agreement Amendment is hereby changed to April 30,
      2008.

     

    3. Cryptometrics
      hereby accepts and approves that certain letter agreement between JAG Media
      and
      YA Global Investments, LP dated April 14, 2008.

     

    4. Cryptometrics
      shall deliver the following documents to JAG Media and its attorneys, as
      indicated (the “Cryptometrics Deliveries”):

     

    
      	
            	(a)	
              to
                JAG Media, simultaneously with the execution of this amendment, the
                written consent of the board of directors of Cryptometrics, Inc.
                approving
                the Merger Agreement and all amendments thereto, including this amendment;
                and

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Cryptometrics,
      Inc.

    April
      14, 2008

    Page
      -2-
      
      
        

      

    

     

    
      	
            	(b)	
              to
                JAG Media’s attorneys, Morgan Lewis & Bockius LLP (’MLB”), no later
                than April 18, 2008, an updated signed original of a tax certificate
                from
                Cryptometrics, required as a condition to the updating of the MLB
                tax
                opinion, in the form provided by
                MLB.

            

    

     

    5. Karlen
      & Stolzar LLP, as Escrow Agent, acknowledge (a) receipt of the Merger
      Documents pursuant to the terms of paragraph 10 of the January 24, 2007 letter
      agreement among the Parties (the “January 2007 Letter Agreement) and (b) that
      they are now holding the Merger Documents in escrow pursuant to paragraph 10
      of
      the January 2007 Letter Agreement.

     

    6.
       Cryptometrics
      acknowledges and agrees that the signed Affiliate Agreements required to be
      delivered into escrow by Cryptometrics pursuant to paragraph 10 of the January
      2007 Letter Agreement shall be delivered into escrow by Cryptometrics no later
      than April 18, 2008. 

     

    All
      defined terms used in this agreement, which are not otherwise defined herein
      shall have the meaning ascribed to them in the Merger Agreement Amendment.
      Except as otherwise set forth in this agreement, the Merger Agreement Amendment
      and the Merger Agreement shall remain unchanged and in full force and effect.
      The
      Company
      Voting and Lock-Up Agreement among JAG Media, Robert Barra and Michael Vitale
      dated December 27, 2005 executed
      in connection with the Merger Agreement shall continue in full force and effect
      and "Merger Agreement" as defined therein shall include all amendments thereto,
      inclusive of that contained herein.

    

    If
      the
      foregoing accurately reflects your understanding of our agreement regarding
      the
      above matter, please indicate your agreement and acceptance by signing in the
      appropriate space below and returning a fully executed and dated copy of this
      agreement to the undersigned. 

    

    [SIGNATURES
      APPEAR ON FOLLOWING PAGE]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Cryptometrics,
      Inc.

    April
      14, 2008

    Page
      -3-
      
      
        

      

    

     

    
      
        	
                Sincerely
                  yours,

                JAG
                  MEDIA HOLDINGS, INC.

              	 	
                AGREED
                  AND ACCEPTED: 

                CRYPTOMETRICS
                  ACQUISITION, INC.

              
	 	 	 
	
                By:
                  /s/ Thomas J.
                  Mazzarisi                     

              	 	
                By:
                  /s/ Thomas J.
                  Mazzarisi                     

              
	      Name:
                Thomas J. Mazzarisi	 	      Name:
                Thomas J. Mazzarisi
	      Title:
                Chairman & CEO	 	      Title:
                President
	      Date:
                April 14, 2008	 	      Date:
                April 14, 2008
	 	 	 
	
                AGREED
                  AND ACCEPTED: 

                CRYPTOMETRICS,
                  INC. 

              	 	
                The
                  undersigned is signing this agreement
solely in its capacity as “Escrow
                  Agent”
pursuant to the provisions of paragraph
                  10
of the Merger Agreement Amendment
                  and
paragraph 5 of this Agreement

              
	
                By:
                  /s/ Robert
                  Barra                                 

              	 	 
	      Name:
                Robert
                Barra                     	 	
                KARLEN
                  & STOLZAR, LLP

              
	      Title: 
                Co-CEO	 	 
	      Date: 
                April 14, 2008	 	
                 

              
	 	 	
                By:
                  /s/ Michael I.
                  Stolzar                     

              
	 	 	      Name:
                Michael I. Stolzar
	 	 	      Title:
                Partner
	 	 	      Date:
                April 14, 2008
	 	 	 
	 	 	
                The
                  undersigned are signing this agreement

              
	 	 	
                only
                  with respect to their obligations set
                  forth

              
	
                                                /s/
                  Robert
                  Barra                              

              	 	in
                paragraph 12 of the Merger
                Agreement  
	
                Robert
                  Barra

              	 	
                Amendment

              
	
                Dated:
                  April 14, 2008

              	 	 
	 	 	 
	 	 	
                                           /s/
                  Thomas J.
                  Mazzarisi                           

              
	 	 	
                Thomas
                  J. Mazzarisi

              
	
                                              /s/
                  Michael
                  Vitale                              

              	 	
                Dated:
                  April 14, 2008

              
	
                Michael
                  Vitale

              	 	 
	
                Dated:
                  April 14, 2008

              	 	 
	 	 	 
	 	 	
                                           /s/
                  Stephen J.
                  Schoepfer                           

              
	 	 	
                Stephen
                  J. Schoepfer

              
	 	 	
                Dated:
                  April 14, 2008

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}]]