Document:

Form of Placement Agent Warrant

 Exhibit 4.1 

WARRANT AGREEMENT 

THIS WARRANT AGREEMENT (this “Agreement”) is made and entered into as of
            , 2010, between TOYZAP.Com, Inc., a Texas corporation (the “Company”), and
                             (“Holder”). 

R E C I T A L S 

WHEREAS, the Company proposes to issue to Holder
                            
(                    ) warrants (the “Warrants”), each such Warrant entitling the holder thereof to purchase one share of common
stock, $0.001 par value, of the Company (the “Shares” or the “Common Stock”); and 
 WHEREAS, the Warrants
which are the subject of this Agreement will be issued by the Company to Holder as part of consideration related to placement agent services rendered to the Company. 

NOW, THEREFORE, in consideration of the premises and the mutual agreements herein set forth, the parties hereto agree as follows:

 A G R E E M E N T 

1. Warrant Certificates. The warrant certificates to be delivered pursuant to this Agreement (the “Warrant
Certificates”) shall be in the form set forth in Exhibit A, attached hereto and made a part hereof, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Warrant Agreement.

 2. Right to Exercise Warrants. Each Warrant may be exercised from the date of this Agreement until 11:59 P.M. (Eastern
Standard Time) on the date that is five (5) years after the date of this Agreement (the “Expiration Date”). Each Warrant not exercised on or before the Expiration Date shall expire. 

Each Warrant shall entitle its holder to purchase from the Company one share of Common Stock (each an “Exercise Share”) at an
exercise price of $1.00 per share, subject to adjustment as set forth below (“Exercise Price”). 
 The Company shall
not be required to issue fractional shares of Common Stock upon the exercise of this Warrant or to deliver Warrant Certificates which evidence fractional shares of capital stock. In the event that a fraction of an Exercise Share would, except for
the provisions of this paragraph 2, be issuable upon the exercise of this Warrant, the Company shall pay to the Holder exercising the Warrant an amount in cash equal to such fraction multiplied by the current market value of the Exercise Share. For
purposes of this paragraph 2, the current market value shall be determined as follows: 
 (a) if the Shares are traded in the
over-the-counter market and not on any national securities exchange and not in the NASDAQ Reporting System, the average of the last bid and asked prices per share, as reported by the National Quotation Bureau, Inc., or an equivalent generally
accepted reporting service, for the last business day prior to the date on which the Warrant is exercised, or, if not so reported, the average of the closing bid and asked prices for a Share as furnished to the Company by any member of the National
Association of Securities Dealers, Inc., selected by the Company for that purpose. 
 (b) if the Shares are listed or traded on
a national securities exchange or in the NASDAQ Reporting System, the closing price on the principal national securities exchange on which they are so listed or traded or in the NASDAQ Reporting System, as the case may be, on the last business day
prior to the date of the exercise of the Warrant. The closing price referred to in this Clause (b) shall be the last reported sales price or, in case no such reported sale takes place on such day, the average of the reported closing bid and
asked prices, in either case on the national securities exchange on which the Shares are then listed on in the NASDAQ Reporting System; or 
  

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 (c) if no such closing price or closing bid and asked prices are available, as determined in
any reasonable manner as may be prescribed by the Board of Directors of the Company. 
 3. Mutilated or Missing Warrant
Certificates. In case any of the Warrant Certificates shall be mutilated, lost, stolen or destroyed prior to the Expiration Date, the Company shall issue and deliver, in exchange and substitution for and upon cancellation of the mutilated
Warrant Certificate, or in lieu of and in substitution for the Warrant Certificate lost, stolen or destroyed, a new Warrant Certificate of like tenor and representing an equivalent right or interest. 

4. Reservation of Shares. The Company will at all times reserve and keep available, free from preemptive rights, out of the
aggregate of its authorized but unissued Shares or its authorized and issued Shares held in its treasury for the purpose of enabling it to satisfy its obligation to issue Exercise Shares upon exercise of Warrants, the full number of Exercise Shares
deliverable upon the exercise of all outstanding Warrants. 
 The Company covenants that all Exercise Shares which may be issued
upon exercise of Warrants will be validly issued, fully paid and non-assessable outstanding Shares of the Company. 
 5.
Rights of Holder. The Holder shall not, by virtue of anything contained in this Warrant Agreement or otherwise, prior to exercise of this Warrant, be entitled to any right whatsoever, either in law or equity, of a shareholder of the Company,
including without limitation, the right to receive dividends or to vote or to consent or to receive notice as a shareholder in respect of the meetings of shareholders or the election of directors of the Company of any other matter. 

6. Investment Intent; Accredited Investor. Holder represents and warrants to the Company that Holder is acquiring the Warrants for
investment purposes and with no present intention of distributing or reselling any of the Warrants. Holder represents that it is an “accredited investor” within the meaning of Rule 501 of Regulation D under the Securities Act (the
“Act”) and has executed and delivered the Investment Representation Statement that accompanies this Agreement. 
 7.
Certificates to Bear Legend. The Warrants and the certificate or certificates therefore shall bear the following legend by which each holder shall be bound: 

“THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE
SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT OR PURSUANT TO RULE 144 OR AN OPINION OF COUNSEL, SATISFACTORY TO THE CORPORATION AND ITS COUNSEL, THAT SUCH REGISTRATION IS NOT REQUIRED.”

 The Exercise Shares and the certificate or certificates evidencing any such Exercise Shares shall bear the following legend:

 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THE SHARES MAY
NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN OPINION OF COUNSEL SATISFACTORY TO THE ISSUER THAT AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT IS AVAILABLE.” 

Certificates for Warrants or Exercise Shares, as the case may be, without such legend shall be issued if such Warrants or Exercise Shares
are sold pursuant to an effective registration statement under the Act or if the Company has received an opinion from counsel satisfactory to counsel for the Company that such legend is no longer required under the Act. 

 

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 8. Adjustment of Number of Shares and Class of Capital Stock Purchasable. The number
of Exercise Shares and class of capital stock purchasable under this Warrant are subject to adjustment from time to time as set forth in this Section 8. 

(a) Adjustment for Change in Capital Stock. If the Company: 

 

	 	(i)	pays a dividend or makes a distribution on its Common Stock, in each case, in shares of its Common Stock; 

 

	 	(ii)	subdivides its outstanding shares of Common Stock into a greater number of shares; 

 

	 	(iii)	combines its outstanding shares of Common Stock into a smaller number of shares; or 

 

	 	(iv)	makes a distribution on its Common Stock in shares of its capital stock other than Common Stock. 

then the number and classes of Exercise Shares purchasable upon exercise of each Warrant in effect immediately prior to such action shall be adjusted so
that the holder of any Warrant thereafter exercised may receive the number and classes of shares of capital stock of the Company which such holder would have owned immediately following such action if such holder had exercised the Warrant
immediately prior to such action. 
 For a dividend or distribution the adjustment shall become effective immediately after the
record date for the dividend or distribution. For a subdivision, combination or reclassification, the adjustment shall become effective immediately after the effective date of the subdivision, combination or reclassification. 

If after an adjustment the holder of a Warrant upon exercise of it may receive shares of two or more classes of capital stock of the
Company, the Board of Directors of the Company shall in good faith determine the allocation of the adjusted Exercise Price between or among the classes of capital stock. After such allocation, that portion of the Exercise Price applicable to each
share of each such class of capital stock shall thereafter be subject to adjustment on terms comparable to those applicable to the Exercise Shares in this Agreement. Notwithstanding the allocation of the Exercise Price between or among shares of
capital stock as provided by this Section 8(a), a Warrant may only be exercised in full by payment of the entire Exercise Price in effect at the time of such exercise. 

(b) Consolidation, Merger or Sale of the Company. If the Company is a party to a consolidation, merger or transfer of assets which
reclassifies or changes its outstanding Common Stock, the successor corporation (or corporation controlling the successor corporation or the Company, as the case may be) shall by operation of law assume the Company’s obligations under this
Agreement. Upon consummation of such transaction, the Warrants shall automatically become exercisable for the kind and amount of securities, cash or other assets which the holder of a Warrant would have owned immediately after the consolidation,
merger or transfer if the holder had exercised the Warrant immediately before the effective date of such transaction. As a condition to the consummation of such transaction, the Company shall arrange for the person or entity obligated to issue
securities or deliver cash or other assets upon exercise of the Warrant to, concurrently with the consummation of such transaction, assume the Company’s obligations hereunder by executing an instrument so providing and further providing for
adjustments which shall be as nearly equivalent as may be practical to the adjustments provided for in this Section 8. 
  

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 9. Successors. All the covenants and provisions of this Agreement by or for the
benefit of the Company or Holder shall bind and inure to the benefit of their respective successor and assigns hereunder. 
 10.
Counterparts. This Agreement may be executed in any number of counterparts and each of such counterparts shall for all proposes be deemed to be an original, and such counterparts shall together constitute by one and the same instrument.

 11. Notices. All notices or other communications under this Agreement shall be in writing and shall be deemed to have
been given if delivered by hand or mailed by certified mail, postage prepaid, return receipt requested, addressed as follows: if to the Company: TOYZAP.Com, Inc., 500 N. Akard, Suite 2850, Dallas, TX 75201, Attention: Chief Executive Officer, and to
the Holder: at the address of the Holder appearing on the books of the Company or the Company’s transfer agent, if any. Either the Company or the Holder may from time to time change the address to which notices to it are to be mailed hereunder
by notice in accordance with the provisions of this Paragraph 11. 
 12. Supplements and Amendments. The Company may from
time to time supplement or amend this Agreement without the approval of any Holders in order to cure any ambiguity or to be correct or supplement any provision contained herein which may be defective or inconsistent with any other provision, or to
make any other provisions in regard to matters or questions herein arising hereunder which the Company may deem necessary or desirable and which shall not materially adversely affect the interest of the Holder. 

13. Severability. If for any reason any provision, paragraph or term of this Agreement is held to be invalid or unenforceable, all
other valid provisions herein shall remain in full force and effect and all terms, provisions and paragraphs of this Agreement shall be deemed to be severable. 

14. Governing Law and Venue. This Agreement shall be deemed to be a contract made under the laws of the State of Texas and for all
purposes shall be governed and construed in accordance with the laws of said State. Any proceeding arising under this Agreement shall be instituted in the State of Texas. 

15. Taxes. The acquisition of the Warrants (and common stock issuable thereunder) may result in adverse tax consequences to the
Holder. The Holder understands that he may suffer adverse tax consequences as a result of his acquisition or disposition of the Warrants (and common stock issuable thereunder). Holder represents that he has consulted any tax consultants Holder deems
advisable in connection with the acquisition or disposition of the Warrants (and common stock issuable thereunder) and that Holder is not relying on the Company or Company’s legal counsel for any tax advice. Acquisitions or dispositions of cash
or equity made under this Agreement may be subject to reduction to reflect taxes or other charges required to be withheld by law. 

16. Headings. Paragraphs and subparagraph headings, used herein are included herein for convenience of reference only and shall
not affect the construction of this Agreement nor constitute a part of this Agreement for any other purpose. 
 IN WITNESS
WHEREOF, the parties hereto have caused this Agreement to be duly executed, as of the date and year first above written. 
  

									
	 COMPANY:

TOYZAP.Com, Inc.
	 		 	HOLDER:
					
		 		 		 	By:	 	  

	By:	 	  
	 		 	Tax ID:	 	  

		 	Craig Jessen, President	 		 		 	

  

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 Exhibit A 

THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, PLEDGED OR
OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT OR PURSUANT TO RULE 144 OR AN OPINION OF COUNSEL, SATISFACTORY TO THE CORPORATION AND ITS COUNSEL, THAT SUCH REGISTRATION IS NOT REQUIRED. 

WARRANT TO PURCHASE SHARES 

OF COMMON STOCK OF 

TOYZAP.COM, INC 
  

			
	Initial Number of Shares:	  	                     
	Exercise Price:	  	$1.00 per share
	Date of Grant:	  	August 5, 2010
	Expiration Date:	  	August 4, 2015

 THIS CERTIFIES THAT,
                            , or any person or entity to whom the interest in this Warrant is lawfully
transferred (“Holder”) is entitled to purchase the above number (as adjusted pursuant to Section 4 hereof) of fully paid and non-assessable shares of the Common Stock (the “Shares”) of TOYZAP.Com, Inc., a Texas corporation
(the “Company), having an Exercise Price as set forth above, subject to the provisions and upon the terms and conditions set forth herein and in the Warrant Agreement dated
                    . The exercise price, as adjusted from time to time as provided herein, is referred to as the “Exercise Price.”

 1. Term. The purchase right represented by this Warrant is exercisable, in whole or in part, at any time commencing on
the Date of Grant and ending on the Expiration Date, after which time the Warrant shall be void. 
 2. Method of Exercise;
Payment; Issuance of New Warrant. Subject to Section 1 hereof, the right to purchase Shares represented by this Warrant may be exercised by Holder, in whole or in part, for the total number of Shares remaining available for exercise by the
surrender of this Warrant (with the notice of exercise form attached hereto as Exhibit A duly executed) at the principal office of the Company and by the payment to the Company, by check made payable to the Company drawn on a United States bank and
for United States funds, or by delivery to the Company of evidence of cancellation of indebtedness of the Company to such Holder, of an amount equal to the then applicable Exercise Price per share multiplied by the number of Shares then being
purchased or by net exercise pursuant to Section 6 hereof. In the event of any exercise of the purchase right represented by this Warrant, certificates for the Shares so purchased shall be promptly delivered to Holder and, unless this Warrant
has been fully exercised or has expired, a new Warrant representing the portion of the Shares, if any, with respect to which this Warrant shall not then have been exercised shall also be promptly delivered to Holder. 

3. Exercise Price. The Exercise Price at which this Warrant may be exercised shall be the Exercise Price, as adjusted from time to
time pursuant to Section 4 hereof. 
 4. Reclassification, Reorganization, Consolidation or Merger. In the case of
any reclassification of the Shares, or any reorganization, consolidation or merger of the Company with or into another corporation (other than a merger or reorganization with respect to which the Company is the continuing corporation and which does
not result in any reclassification of the Shares), the Company, or such successor corporation, as the case may be, shall execute a new warrant providing that the Holder shall have the right to exercise such new warrant and upon such exercise to
receive, in lieu of each Share theretofore issuable upon exercise of this Warrant, the number and kind of securities, money and property receivable upon such reclassification, reorganization, consolidation or merger by a holder of Shares for each
Share. Such new warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Section 4 including, without limitation, adjustments to the Exercise Price and to the number
of Shares issuable upon exercise of this Warrant. The provisions of this Section 4 shall similarly apply to successive reclassifications, reorganizations, consolidations or mergers. 

 

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 5. Transferability and Negotiability of Warrant. This Warrant may not be transferred
or assigned in whole or in part without compliance with applicable federal and state securities laws by the transferor and the transferee (including, without limitation, the delivery of investment representation letters and legal opinions
satisfactory to the Company, if requested by the Company). Subject to the provisions of this Section 5, title to this Warrant may be transferred in the same manner as a negotiable instrument transferable by endorsement and delivery. 

6. Net Exercise. In lieu of exercising this Warrant for cash, the Holder may elect to exchange this Warrant for Shares equal to
the value of this Warrant by surrender of this Warrant, together with notice of such election, at the principal office of the Company, in which event the Company shall issue to the holder a number of Shares computed using the following formula:

 X = Y (A-B) 

A 
 Where:

 X= the number of Shares to be issued to the holder. 

Y= the number of Shares purchasable under this Warrant. 

A= value per share of one Share determined in accordance with Section 2 of the Warrant Agreement. 

B= the Exercise Price (as adjusted). 

7. Miscellaneous. The Company covenants that it will at all times reserve and keep available, solely for the purpose of issue upon
the exercise hereof, a sufficient number of Shares to permit the exercise hereof in full. Such Shares, when issued in compliance with the provisions of this Warrant and the Company’s Certificate of Incorporation, will be duly authorized,
validly issued, fully paid and non-assessable. No Holder of this Warrant, as such, shall, prior to the exercise of this Warrant, be entitled to vote or receive dividends or be deemed to be a shareholder of the Company for any purpose, nor shall
anything contained in this Warrant be construed to confer upon Holder, as such, any rights of a shareholder of the Company or any right to vote, give or withhold consent to any corporate action, receive notice of meetings, receive dividends or
subscription rights, or otherwise. Upon receipt of evidence 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
satisfactory in form and amount to the Company or, in the case of any such mutilation, upon surrender and cancellation of such Warrant, the Company at its expense will execute and deliver, in lieu thereof, a new Warrant of like date and tenor. The
terms and provisions of this Warrant shall inure to the benefit of, and be binding upon, the Company and the Holder hereof and their respective successors and assigns. This Warrant shall be governed by and construed under the laws of the State of
California. 
  

									
	Holder:	 		 	Company:
	                           
 	 		 	TOYZAP.com, Inc., a Texas Corporation
					
	By:	 	  
	 		 	By:	 	  

	Name:	 	  
	 		 	Craig Jessen, President

  

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 NOTICE OF EXERCISE 

TO: TOYZAP.COM, INC. 
 1. The
undersigned hereby elects to purchase                      shares of the Common Stock of TOYZAP.COM, INC. pursuant to the terms of the
attached Warrant, and tenders herewith payment of the purchase price of such shares in full, together with all applicable transfer taxes, if any. 

2. The undersigned hereby elects to purchase
                     shares of the Common Stock of TOYZAP.COM, INC. pursuant to the terms of the attached Warrant on a net exercise basis in
accordance with Section 6. 
 3. Please issue a certificate or certificates representing said shares of the Common Stock in
the name of the undersigned or in such other name as is specified below: 
  

			
	 Name:
	 	  

	 Tax ID:
	 	  

		
	 Address:
	 	  

		 	  

		 	  

		 	  

	 Email:
	 	  

		
	 Signed:
	 	  

		
	 Date:
	 	                     

  

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 INVESTMENT REPRESENTATION STATEMENT 

 

					
	PURCHASER	  	:	  	                             
    
	COMPANY	  	:	  	TOYZAP.COM, INC.
	SECURITY	  	:	  	COMMON STOCK
	AMOUNT	  	:	  	                     SHARES
	DATE	  	:	  	            , 2010

In connection with the purchase of the above-listed Securities, I, the Purchaser, represent to the Company the following: 

(a) I am aware of the Company’s business affairs and financial condition, and have acquired sufficient information about the Company
to reach an informed and knowledgeable decision to acquire the Securities. I am purchasing these Securities for my own account for investment purposes only and not with a view to, or for the resale in connection with, any “distribution”
thereof for purposes of the Securities Act of 1933, as amended (“Securities Act”). I further represent that I am an “accredited investor” within the meaning of Rule 501 of Regulation D under the Securities Act. 

(b) I understand that the Securities have not been registered under the Securities Act in reliance upon a specific exemption therefrom,
which exemption depends upon, among other things, the bona fide nature of my investment intent as expressed herein. 
 (c) I
further understand that the Securities must be held indefinitely unless subsequently registered under the Securities Act or unless an exemption from registration is otherwise available. In addition, I understand that the certificate evidencing the
Securities will be imprinted with a legend which prohibits the transfer of the Securities unless they are registered or such registration is not required in the opinion of counsel for the Purchaser satisfactory to the Company or receipt of a
no-action letter from the Securities and Exchange Commission. 
 (d) I am aware of the provisions of Rule 144, promulgated
under the Securities Act, and that the Company previously was a shell company, therefore the exemption offered pursuant to Rule 144 is not currently available. I understand that if the Company: (i) has become subject to the reporting
requirements of section 13 or 15(d) of the Exchange Act; (ii) has filed all reports and other materials required to be filed by section 13 or 15(d) of the Exchange Act, as applicable, during the preceding 12 months; and (iii) has filed
current “Form 10 information” with the SEC reflecting its status as an entity that is no longer a shell company, then the securities issued in connection herewith may possibly be sold subject to Rule 144 and other applicable securities
laws after one year has elapsed from the date that we file “Form 10 information” with the SEC. 
 (e) I further
understand that at the time I wish to sell the Securities there may be no public market upon which to make such a sale, and that, even if such a public market then exists, the Company may not be satisfying the current public information requirements
of Rule 144, and that, in such event, I may be precluded from selling the Securities under Rule 144 even if the one-year minimum holding period described above had been satisfied. 

(f) I further understand that in the event all of the requirements of Rule 144 are not satisfied, registration under the Securities
Act, compliance with Regulation A, or some other registration exemption will be required; and that, notwithstanding the fact that Rule 144 is not exclusive, the Staff of the SEC has expressed its opinion that persons proposing to sell
private placement securities other than in a registered offering and otherwise than pursuant to Rule 144 will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales, and that
such persons and their respective brokers who participate in such transactions do so at their own risk. 
  

			
	 Date:             , 2010
	 	  

		 	Purchaser

  

 4 of 4Form of Subscription Agreement

 Exhibit 10.1 

TOYZAP.COM, INC. 

(TO BE RENAMED “CALPIAN, INC.”) 

SUBSCRIPTION AGREEMENT 

Series A Convertible Preferred Stock at $100.00 per Share 

1. Subscription: 
 (a)
The undersigned (individually and/or collectively, the “Participant”) hereby applies to purchase shares of restricted Series A Convertible Preferred Stock (the “Shares” or the “Preferred Stock”) of
Toyzap.com, Inc., a Texas corporation (to be renamed “Calpian, Inc.”) (the “Company”), in accordance with the terms and conditions of (1) this Subscription Agreement (the “Subscription”), which is
attached as Exhibit A to the Company’s Confidential Private Placement Memorandum, “), dated May 4, 2010 (the “Memorandum”); (2) the Company’s Certificate of Formation (the
“Certificate”), which is attached to the Memorandum as Exhibit B; and (3) the Certificate of Designation (“Certificate of Designation”), which is attached to the Memorandum as Exhibit
C. 
 (b) Before this Subscription is considered, the Participant must complete, execute and deliver to the
Company’s placement agent, Chadbourn Securities, Inc. (the “Placement Agent”) the following: 
 (i) This
Subscription; 
 (ii) The Certificate of Accredited Investor Status, attached hereto as Exhibit D; and 

(iii) The Participant’s check in the amount of $             in
exchange for              Shares purchased, or wire transfer sent according to the Placement Agent’s instructions: 

(c) This Subscription is irrevocable by the Participant. 

(d) This Subscription is not transferable or assignable by the Participant. 

(e) This Subscription may be rejected in whole or in part by the Company in its sole discretion prior to the Closing Date (as defined in
Section 1(g) hereof), regardless of whether Participant’s funds have theretofore been deposited by the Company). Participant’s execution and delivery of this Subscription will not constitute an agreement between the undersigned and
the Company until this Agreement has been accepted and executed by the Company. In the event this Subscription is rejected by the Company, all funds and documents tendered by the Participant shall be returned and the parties’ obligations
hereunder, shall terminate. 
 (f) The Company’s Placement Agent, and/or other advisors, placement agents, broker dealers
and/or finders, will be paid commissions, fees and other consideration by the Company equal to: (i) Eight Percent (8%) of Participant’s investment amount with respect to investments originated by the Placement Agent in this Offering,
(ii) and a warrant to purchase shares of Common Stock of the Company equal to Ten Percent (10%) of the total Shares of Preferred Stock purchased by Participants introduced by Placement Agent, at an exercise price equal to $1.00 per share
(as adjusted to reflect the Proposed Split, defined below) with respect to investments originated by the Placement Agent in this Offering, and (iii) a 2% of Participant’s investment amount as an unallocated expense fee. It is also
currently contemplated that the Company will effectuate a forward split of its outstanding common stock in the form of a stock dividend of one (1) share of Company Common Stock for every one (1) share of Company Common Stock outstanding
(the “Proposed Split”). Although the number of shares of Series A Convertible Preferred Stock (and the per share purchase price) will not change upon consummation of the Proposed Split, the conversion ratio will change.
Accordingly, if Participant purchases shares of Series A Convertible Preferred Stock prior to effectiveness of the Proposed Split, each such share that Participant purchases will initially be convertible into 50 shares of Common Stock and, if and
when the Proposed Split is consummated, will then automatically be convertible into 100 shares of Common Stock. 
  

					
	                 	 		 	Subscription Agreement
	 Participant’s Initials
	 	1	 	Toyzap.com, Inc.

 (g) This Offering, as defined in the Memorandum, is scheduled to close no later than
July 30, 2010 at 5:00 P.M. Pacific Standard Time (the “Closing Date”), provided, however, that the Company, at its sole election, may extend this offering up to an additional ninety days. The target offering is for up to
40,000 shares of Series A Convertible Preferred Stock (subject to an additional over-allotment of 10,000 additional shares of Series A Convertible Preferred Stock), but this offering has no prescribed minimum amount and the Company may accept lessor
amounts from investors or have multiple closings of this Offering. 
 (h) Participant hereby agrees not to, and will cause its
affiliates not to, enter into any “put equivalent position” as such term is defined in Rule 16a-1 under the Securities Exchange Act of 1934, as amended, or short sale position with respect to the Series A Convertible Preferred Stock.

 2. Representations by Participant. In consideration of the Company’s acceptance of the Subscription, Participant makes the
following representations and warranties to the Company and to its principals, jointly and severally, which warranties and representations shall survive any acceptance of the Subscription by the Company: 

(a) Prior to the time of purchase of any Shares, Participant received a copy of the Memorandum, the Certificate of Formation, and the
Certificate of Designation. Participant has reviewed the Memorandum, the Certificate of Formation, and the Certificate of Designation, and Participant has had the opportunity to ask questions and receive any additional information from persons
acting on behalf of the Company to verify Participant’s understanding of the terms thereof and of the Company’s business and status thereof. Participant acknowledges that no officer, director, broker-dealer, placement agent, finder or
other person affiliated with the Company has given Participant any information or made any representations, oral or written, other than as provided in the Memorandum, the Certificate of Formation, and the Certificate of Designation, on which
Participant has relied upon in deciding to invest in the Shares, including without limitation, any information with respect to future acquisitions, mergers or operations of the Company or the economic returns which may accrue as a result of the
purchase of the Shares. 
 (b) Participant acknowledges that Participant has not seen, received, been presented with, or been
solicited by any leaflet, public promotional meeting, newspaper or magazine article or advertisement, radio or television advertisement, or any other form of advertising or general solicitation with respect to the Shares. 

 

					
	                 	 		 	Subscription Agreement
	 Participant’s Initials
	 	2	 	Toyzap.com, Inc.

 (c) The Shares are being purchased for Participant’s own account for long-term
investment and not with a view to immediately re-sell the Shares. No other person or entity will have any direct or indirect beneficial interest in, or right to, the Shares. 

(d) Participant acknowledges that the Shares have not been registered under the Securities Act of 1933, as amended (the
“Securities Act”), or qualified under the California Securities Law, or any other applicable blue sky laws, in reliance, in part, on Participant’s representations, warranties and agreements made herein. 

(e) Other than the rights specifically set forth in this Subscription, the Certificate of Formation, and the Certificate of Designation,
Participant represents, warrants and agrees that the Company and the officers of the Company (the “Company’s Officers”) are under no obligation to register or qualify the Shares under the Securities Act or under any state
securities law, or to assist the undersigned in complying with any exemption from registration and qualification. 
 (f)
Participant represents that Participant meets the criteria for participation because: (i) Participant has a pre-existing personal or business relationship with the Company or one or more of its partners, officers, directors or controlling
persons; or (ii) by reason of Participant’s business or financial experience, or by reason of the business or financial experience of its financial advisors who are unaffiliated with, and are not compensated, directly or indirectly, by the
Company or any affiliate or selling agent of the Company, Participant is capable of evaluating the risk and merits of an investment in the Shares and of protecting its own interests; 

(g) Participant represents that Participant is an “accredited investor” within the meaning of Rule 501 of Regulation D under
the Securities Act and Participant has executed the Certificate of Accredited Investor Status, attached hereto as Exhibit D. 

(h) Participant understands that the Shares are illiquid, and until registered with the Securities Exchange Commission, or an exemption
from registration becomes available, cannot be readily sold as there will not be a public market for them, and that Participant may not be able to sell or dispose of the Shares, or to utilize the Shares as collateral for a loan. Participant must not
purchase the Shares unless Participant has liquid assets sufficient to assure Participant that such purchase will cause it no undue financial difficulties, and that Participant can still provide for current and possible personal contingencies, and
that the commitment herein for the Shares, combined with other investments of Participant, is reasonable in relation to its net worth. 

(i) Participant understands that the right to transfer the Shares will be restricted unless the transfer is not in violation of the
Securities Act, the California Securities Law, and any other applicable state securities laws (including investment suitability standards), that the Company will not consent to a transfer of the Shares unless the transferee represents that such
transferee meets the financial suitability standards required of an initial participant, and that the Company has the right, in its absolute discretion, to refuse to consent to such transfer. 

(j) Participant has been advised to consult with its own attorney or attorneys regarding all legal matters concerning an investment in
the Company and the tax consequences of purchasing the Shares, and have done so, to the extent Participant considers necessary. 

(k) Participant acknowledges that the tax consequences of investing in the Company will depend on particular circumstances, and neither
the Company, the Company’s officers, any other investors, nor the partners, shareholders, members, managers, agents, officers, directors, employees, affiliates or consultants of any of them, will be responsible or liable for the tax
consequences to Participant of an investment in the Company. Participant will look solely to and rely upon its own advisers with respect to the tax consequences of this investment 

 

					
	                 	 		 	Subscription Agreement
	 Participant’s Initials
	 	3	 	Toyzap.com, Inc.

 (l) All information which Participant has provided to the Company concerning Participant,
its financial position and its knowledge of financial and business matters, and any information found in the Certificate of Accredited Investor Status, is truthful, accurate, correct, and complete as of the date set forth herein. 

(l) Each certificate or instrument representing securities issuable pursuant to this Agreement will be endorsed with the following
legend: 
 THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED,
AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR HYPOTHECATED UNLESS THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT COVERING SUCH SECURITIES, THE TRANSFER IS MADE IN COMPLIANCE WITH RULE 144 PROMULGATED UNDER SUCH ACT OR THE COMPANY
RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER OF THESE SECURITIES WHICH IS REASONABLY SATISFACTORY TO THE COMPANY, STATING THAT SUCH SALE, TRANSFER, ASSIGNMENT OR HYPOTHECATION IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF
SUCH ACT. 
 3. Representations and Warranties by the Company. The Company represents and warrants that: 

(a) Due Incorporation. The Company is a corporation duly organized, validly existing and in good standing under the laws of the
jurisdiction of its incorporation and has the requisite corporate power to own its properties and to carry on its business as now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in each
jurisdiction where the nature of the business conducted or property owned by it makes such qualification necessary, other than those jurisdictions in which the failure to so qualify would not have a material adverse effect on the business,
operations or financial condition of the Company. 
 (b) Outstanding Stock. All issued and outstanding shares of capital
stock of the Company have been duly authorized and validly issued and are fully paid and non-assessable. 
 (c) Authority;
Enforceability. This Subscription, the Certificate of Formation, and the Certificate of Designation delivered together with this Subscription or in connection herewith have been duly authorized, executed, and delivered by the Company and are
valid and binding agreements, enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium, and similar laws of general applicability relating to or affecting creditors’ rights
generally and to general principles of equity; and the Company has full corporate power and authority necessary to enter into this Subscription, the Certificate of Formation, and the Certificate of Designation and to perform its obligations
hereunder and under all other agreements entered into by the Company relating hereto. 
 (d) No General Solicitation.
Neither the Company, nor any of its affiliates, nor to its knowledge, any person acting on its or their behalf, has engaged in any form of general solicitation or general advertising (within the meaning of Regulation D under the Securities Act) in
connection with the offer or sale of the Shares. 
  

					
	                 	 		 	Subscription Agreement
	 Participant’s Initials
	 	4	 	Toyzap.com, Inc.

 4. Agreement to Indemnify Company. Participant hereby agrees to indemnify and hold harmless
the Company, its principals, the Company’s officers, directors attorneys, and agents, from any and all damages, costs and expenses (including actual attorneys’ fees) which they may incur: (i) by reason of Participant’s failure to
fulfill any of the terms and conditions of this Subscription; (ii) by reason of Participant’s breach of any of representations, warranties or agreements contained herein (including the Certificate of Accredited Investor Status); or
(iii) with respect to any and all claims made by or involving any person, other than Participant personally, claiming any interest, right, title, power, or authority in respect to the Shares. Participant further agrees and acknowledges that
these indemnifications shall survive any sale or transfer, or attempted sale or transfer, of any portion of the Shares. 
 5.
Subscription Binding on Heirs, etc. This Subscription, upon acceptance by the Company, shall be binding upon the heirs, executors, administrators, successors and assigns of the Participant. If the undersigned is more than one person, the
obligations of the undersigned shall be joint and several and the representations and warranties shall be deemed to be made by and be binding on each such person and his or her heirs, executors, administrators, successors, and assigns. 

6. Execution Authorized. If this Subscription is executed on behalf of a corporation, partnership, trust or other entity, the undersigned
has been duly authorized and empowered to legally represent such entity and to execute this Subscription and all other instruments in connection with the Shares and the signature of the person is binding upon such entity. 

7. Adoption of Terms and Provisions. The Participant hereby adopts, accepts and agrees to be bound by all the terms and provisions hereof.

 8. Governing Law. This Subscription shall be construed in accordance with the laws of the State of California. 

 

					
	                 	 		 	Subscription Agreement
	 Participant’s Initials
	 	5	 	Toyzap.com, Inc.

 9. Investor Information: (This must be consistent with the form of ownership selected below
and the information provided in the Certificate of Accredited Investor Status (Exhibit A, included herewith.) 
  

					
	Name (please print):	  	  

					
			
	If entity named above,	  	By:	  	  

			
		  	Its:	  	  

		
	Social Security or Taxpayer I.D. Number:	  	  

		
	Business Address (including zip code):	  	  

	
	  

		  		  	

					
	Business Phone:	  	  

					
		
	Residence Address (including zip code):	  	  

	
	  

					
		
	Email Address:	  	  

					
		
	Residence Phone:	  	  

					
		
	All communications to be sent to:	  	
	
	             Business or        
             Residence Address                     
Email

  

					
	                 	 		 	Subscription Agreement
	 Participant’s Initials
	 	6	 	Toyzap.com, Inc.

 Please indicate below the form in which you will hold title to your interest in the Shares. PLEASE CONSIDER
CAREFULLY. ONCE YOUR SUBSCRIPTION IS ACCEPTED, A CHANGE IN THE FORM OF TITLE CONSTITUTES A TRANSFER OF THE INTEREST IN THE SHARES AND MAY THEREFORE BE RESTRICTED BY THE TERMS OF THIS SUBSCRIPTION, AND MAY RESULT IN ADDITIONAL COSTS TO YOU.
Participants should seek the advice of their attorneys in deciding in which of the forms they should take ownership of the interest in the Shares, because different forms of ownership can have varying gift tax, estate tax, income tax, and other
consequences, depending on the state of the investor’s domicile and his or her particular personal circumstances. 

             INDIVIDUAL OWNERSHIP (one signature required) 

             JOINT TENANTS WITH RIGHT OF SURVIVORSHIP AND NOT AS TENANTS IN COMMON
(both or all parties must sign) 
              COMMUNITY PROPERTY (one
signature required if interest held in one name, i.e., managing spouse; two signatures required if interest held in both names) 

             TENANTS IN COMMON (both or all parties must sign) 

             GENERAL PARTNERSHIP (fill out all documents in the name of the
PARTNERSHIP, by a PARTNER authorized to sign) 
              LIMITED
PARTNERSHIP (fill out all documents in the name of the LIMITED PARTNERSHIP, by a GENERAL PARTNER authorized to sign) 

             LIMITED LIABILITY COMPANY (fill out all documents in the name of the
LIMITED LIABILITY COMPANY, by a member authorized to sign) 
             
CORPORATION (fill out all documents in the name of the CORPORATION, by the President or other officer authorized to sign) 

             TRUST (fill out all documents in the name of the TRUST, by the Trustee,
and include a copy of the instrument creating the trust and any other documents necessary to show the investment by the Trustee is authorized. The date of the trust must appear on the Notarial where indicated.) 

 

					
	                 	 		 	Subscription Agreement
	 Participant’s Initials
	 	7	 	Toyzap.com, Inc.

 Subject to acceptance by the Company, the undersigned has completed this Subscription
Agreement to evidence his/her subscription for participation in the Shares of the Company, this              day of
            , 2010. 
  

			
	PARTICIPANT
	
	  

	(Signature
		
	 By:
	 	  

	 Its:
	 	  

The Company has accepted this subscription this              day of
                                         
        
  

			
	“COMPANY”
	 TOYZAP.COM, INC.,

a Texas corporation

		
	By:	 	  

		 	Harold Montgomery
		 	Chief Executive Officer
	
	Address for notice:
	
	 Toyzap.com, Inc.

c/o Colorado Financial Service Corporation

	20400 Stevens Creek Blvd., Suite 700
	Cupertino, CA 95104
	
	Attn: Corporate Counsel

  

					
	                 	 		 	Subscription Agreement
	 Participant’s Initials
	 	8	 	Toyzap.com, Inc.

 Exhibit D 

CERTIFICATE OF ACCREDITED INVESTOR STATUS 

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

              a bank as defined in Section 3(a)(2) of the Securities
Act, or any savings and loan association or other institution as defined in Section 3(a)(5)(A) of the Securities Act whether acting in its individual or fiduciary capacity; a broker or dealer registered pursuant to Section 15 of the
Securities Exchange Act of 1934, as amended (the “Securities Exchange Act”); an insurance company as defined in Section 2(13) of the Securities Act; an investment company registered under the Investment Company Act of 1940 or a
business development company as defined in Section 2(a)(48) of that Act; a small business investment company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958;
a plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions, for the benefit of its employees, and such plan has total assets in excess of $5,000,000; an
employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974, if the investment decision is made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either a bank, savings and loan
association, insurance company, or registered investment adviser, or if the employee benefit plan has total assets in excess of $5,000,000 or, if a self-directed plan, with investment decisions made solely by persons that are “accredited
investors”; 
              a private business development company as
defined in Section 202(a)(22) of the Investment Advisers Act of 1940; 

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

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

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

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

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

             an individual who is a director or executive officer of Toyzap.com, Inc.

 IN WITNESS WHEREOF, the undersigned has executed this Certificate of Accredited Investor Status effective as of
                    , 2010. 
  

	
	  

	Name of Participant

  

					
	                 	 		 	Subscription Agreement
	 Participant’s Initials
	 	1	 	Toyzap.com, Inc.

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