Document:

EXECUTION COPY

                          REGISTRATION RIGHTS AGREEMENT

                  This REGISTRATION  RIGHTS AGREEMENT (this "Agreement") is made
and  entered  into as of April  14,  2000,  by and  among  World  Wide  Wireless
Communications,  Inc., a Nevada  corporation (the "Company"),  Esquire Trading &
Finance, Inc. ("Esquire"), Amro International, S.A. ("Amro"), Celeste Trust Reg.
("Celeste"),  The  Endeavor  Capital  Fund,  S.A.  ("Endeavor"),   Nesher,  Ltd.
("Nesher"),  The Keshet Fund, L.P. ("Keshet Fund") and Keshet, L.P.  ("Keshet").
Esquire,  Amro,  Celeste,  Endeavor,  Nesher,  Keshet  Fund and  Keshet are each
referred to herein as a "Purchaser" and are  collectively  referred to herein as
the "Purchasers."

                  This   Agreement  is  being   entered  into  pursuant  to  the
Securities Purchase Agreement, dated as of the date hereof among the Company and
the Purchasers (the "Purchase Agreement").

                  The Company and the Purchasers hereby agree as follows:

          1.      Definitions.

                  Capitalized  terms used and not otherwise defined herein shall
have the meanings  given such terms in the Purchase  Agreement.  As used in this
Agreement, the following terms shall have the following meanings:

                  "Advice" shall have meaning set forth in Section 3(m).

                  "Affiliate"  means,  with  respect  to any  Person,  any other
Person that directly or indirectly  controls or is controlled by or under common
control with such Person.  For the purposes of this definition,  "control," when
used with respect to any Person,  means the possession,  direct or indirect,  of
the power to direct or cause the  direction  of the  management  and policies of
such Person, whether through the ownership of voting securities,  by contract or
otherwise;  and the terms of "affiliated,"  "controlling"  and "controlled" have
meanings correlative to the foregoing.

                  "Board" shall have meaning set forth in Section 3(n).

                  "Business Day" means any day except  Saturday,  Sunday and any
day which shall be a legal holiday or a day on which banking institutions in the
state  of New  York  generally  are  authorized  or  required  by  law or  other
government actions to close.

                  "Commission" means the Securities and Exchange Commission.

                  "Common  Stock" means the Company's  Common  Stock,  par value
$.001 per share.
<PAGE>

                  "Convertible   Securities"   means  the   Debentures  and  the
Preferred Stock.

                  "Debentures"  means the 4% Convertible  Debentures due 2005 of
the Company issued to the Purchasers pursuant to the Purchase Agreement.

                  "Effectiveness Date" means the 120th day following the Initial
Closing Date.

                  "Effectiveness  Period"  shall have the  meaning  set forth in
Section 2.

                  "Event" shall have the meaning set forth in Section 7(e)(i).

                  "Event  Date"  shall  have the  meaning  set forth in  Section
7(e)(i).

                  "Exchange Act" means the  Securities  Exchange Act of 1934, as
amended.

                  "Filing Date" means the 45th day following the Initial Closing
Date.

                  "Holder" or "Holders" means the holder or holders, as the case
may be, from time to time of Registrable Securities.

                  "Indemnified  Party"  shall  have  the  meaning  set  forth in
Section 5(c).

                  "Indemnifying  Party"  shall  have the  meaning  set  forth in
Section 5(c).

                  "Losses" shall have the meaning set forth in Section 5(a).

                  "Person"  means an individual or a  corporation,  partnership,
trust,  incorporated  or  unincorporated  association,  joint  venture,  limited
liability  company,  joint stock company,  government (or an agency or political
subdivision thereof) or other entity of any kind.

                  "Preferred  Stock"  means the Series A  Convertible  Preferred
Stock,  par value  $0.01 per share and stated  value  $1,000  per share,  of the
Company issued to the Purchasers pursuant to the Debentures.

                  "Proceeding" means an action,  claim,  suit,  investigation or
proceeding   (including,   without  limitation,   an  investigation  or  partial
proceeding, such as a deposition), whether commenced or threatened.

                  "Prospectus" means the prospectus included in the Registration
Statement  (including,  without  limitation,  a  prospectus  that  includes  any
information  previously  omitted from a prospectus filed as part of an effective
registration  statement  in  reliance  upon  Rule  430A  promulgated  under  the
Securities Act), as amended or supplemented by any prospectus  supplement,  with
respect  to  the  terms  of  the  offering  of any  portion  of the  Registrable
Securities covered by the Registration  Statement,  and all other amendments and
supplements to the

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<PAGE>

Prospectus,  including post-effective  amendments, and all material incorporated
by reference in such Prospectus.

                  "Registrable  Securities"  means  the  Shares,  the  shares of
Common Stock  issuable upon  conversion of the  Convertible  Securities  and the
shares of  Common  Stock  issuable  upon  exercise  of the  Warrants;  provided,
however,  that  Registrable  Securities  shall include (but not be limited to) a
number of shares  of Common  Stock  equal to no less than the sum of (A) 200% of
the  maximum  number of shares of Common  Stock  which  would be  issuable  upon
conversion of the  Convertible  Securities and (B) 100% of the maximum number of
shares of Common Stock which would be issuable upon exercise of the Warrants (in
each  case,  without  regard  to any  limitations  on  conversions  or  exercise
thereof),  assuming such conversion and exercise occurred on the Initial Closing
Date or the  Filing  Date,  whichever  date  would  produce a greater  number of
Registrable  Securities.  Such  registered  shares  of  Common  Stock  shall  be
allocated  among the Holders pro rata based on the total  number of  Registrable
Securities issued or issuable as of each date that a Registration  Statement, as
amended,  relating  to the  resale of the  Registrable  Securities  is  declared
effective by the Commission.  Notwithstanding  anything herein  contained to the
contrary,  if the  actual  number  of  shares  of  Common  Stock  issuable  upon
conversion  of the  Convertible  Securities  and upon  exercise of the  Warrants
exceeds  the sum of (A) 200% of the  maximum  number of  shares of Common  Stock
which would be issuable upon  conversion of the  Convertible  Securities and (B)
100% of the  maximum  number of shares of Common  Stock  which would be issuable
upon exercise of the Warrants (in each case,  without regard to any  limitations
on conversions  or exercise  thereof) based upon a computation as at the Initial
Closing  Date or the Filing Date,  the term  "Registrable  Securities"  shall be
deemed to include such additional shares of Common Stock.

                  "Registration Statement" means the registration statements and
any additional  registration statements contemplated by Section 2, including (in
each case) the  Prospectus,  amendments  and  supplements  to such  registration
statement or  Prospectus,  including  pre- and  post-effective  amendments,  all
exhibits   thereto,   and  all  material   incorporated  by  reference  in  such
registration statement.

                  "Rule  144"  means  Rule  144  promulgated  by the  Commission
pursuant to the  Securities  Act, as such Rule may be amended from time to time,
or any similar rule or regulation  hereafter  adopted by the  Commission  having
substantially the same effect as such Rule.

                  "Rule  158"  means  Rule  158  promulgated  by the  Commission
pursuant to the  Securities  Act, as such Rule may be amended from time to time,
or any similar rule or regulation  hereafter  adopted by the  Commission  having
substantially the same effect as such Rule.

                  "Rule  415"  means  Rule  415  promulgated  by the  Commission
pursuant to the  Securities  Act, as such Rule may be amended from time to time,
or any similar rule or regulation  hereafter  adopted by the  Commission  having
substantially the same effect as such Rule.

                  "Securities Act" means the Securities Act of 1933, as amended.

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<PAGE>

                  "Special  Counsel"  means any special  counsel to the Holders,
for which the Holders will be reimbursed by the Company pursuant to Section 4.

         2.       Shelf Registration.

                  (a) On or prior to the Filing Date the Company  shall  prepare
and file with the  Commission  a "shelf"  Registration  Statement  covering  all
Registrable Securities for an offering to be made on a continuous basis pursuant
to Rule 415. The Registration  Statement shall be on Form SB-2 (and converted to
Form S-3 as soon as the Company  becomes  eligible  to  register  for resale the
Registrable  Securities  on Form  S-3).  The  Company  shall (i) not  permit any
securities  other  than  the  Registrable  Securities  to  be  included  in  the
Registration  Statement and (ii) use its best efforts to cause the  Registration
Statement  to be  declared  effective  under the  Securities  Act as promptly as
possible after the filing thereof,  but in any event prior to the  Effectiveness
Date, and to keep such Registration  Statement  continuously effective under the
Securities  Act  until  such  date as is the  earlier  of (x) the date  when all
Registrable  Securities covered by such Registration Statement have been sold or
(y) the  date on  which  the  Registrable  Securities  may be sold  without  any
restriction  pursuant to Rule 144(k) as determined by the counsel to the Company
pursuant to a written opinion letter,  addressed to the Company's transfer agent
to such effect (the "Effectiveness Period").

                  (b) The initial number of Registrable  Securities  included in
any  Registration  Statement  and each  increase  in the  number of  Registrable
Securities  included  therein shall be allocated  pro rata among the  Purchasers
based on the number of Registrable Securities held by each Purchaser at the time
the  Registration   Statement   covering  such  initial  number  of  Registrable
Securities or increase thereof is declared  effective by the Commission.  In the
event that a Purchaser  sells or  otherwise  transfers  any of such  Purchaser's
Registrable Securities, each transferee shall be allocated a pro rata portion of
the  then  remaining   number  of  Registrable   Securities   included  in  such
Registration Statement for such transferor.  Any shares of Common Stock included
in a  Registration  Statement  and which  remain  allocated  to any Person which
ceases to hold any Registrable Securities covered by such Registration Statement
shall be allocated to the remaining Purchasers,  pro rata based on the number of
Registrable  Securities then held by such  Purchasers  which are covered by such
Registration Statement.

                  (c) In the  event  the  number  of  shares  available  under a
Registration  Statement  filed pursuant to Section 2(a) is insufficient to cover
all of the Registrable  Securities which such Registration Statement is required
to  cover or a  Purchaser's  allocated  portion  of the  Registrable  Securities
pursuant to Section 2(b), the Company shall amend the Registration Statement, or
file a new  Registration  Statement (on the short form  available  therefor,  if
applicable),  or both,  so as to cover at least that  number of shares of Common
Stock  equal  to the sum of (x) the  product  of (i) 2 and (ii)  the  number  of
Underlying  Shares  issuable  upon  conversion  of  the  Convertible  Securities
(without  regard to any  limitations on  conversion) as of the date  immediately
preceding the date such  amendment or new  Registration  Statement is filed with
the Commission,  plus (y) the number of Warrant Shares issuable upon exercise of
the  Warrants  (without  regard to any  limitations  on exercise) as of the date
immediately  preceding the date such amendment or new Registration  Statement is
filed with the Commission,  plus (z) the number of Underlying Shares

                                      -4-
<PAGE>

and Warrant Shares held by the Purchasers as of the date  immediately  preceding
the date on which such amendment or new Registration Statement is filed with the
Commission,  in each case,  as soon as  practicable,  but in any event not later
than fifteen (15) business days after the necessity therefor arises. The Company
shall cause such amendment and/or new Registration Statement to become effective
as soon as practicable  following the filing thereof, but in no event later than
60 days after  filing.  For purposes of the foregoing  provision,  the number of
shares available under a Registration Statement shall be deemed "insufficient to
cover all of the Registrable Securities" if the number of Registrable Securities
issued or issuable upon conversion of the Convertible Securities and exercise of
the Warrants covered by such  Registration  Statement is greater than the sum of
(a) the quotient determined by dividing (i) the number of shares of Common Stock
available for resale under the Registration  Statement to cover shares issued or
issuable upon conversion of the  Convertible  Securities by (ii) 1.5 and (b) the
number of shares of Common Stock  available  for resale  under the  Registration
Statement to cover shares issued or issuable upon exercise of the Warrants.  For
purposes  of  the  calculation  set  forth  in  the  foregoing   sentence,   any
restrictions on the convertibility of the Convertible  Securities or exercise of
the Warrants shall be  disregarded  and such  calculation  shall assume that the
Convertible  Securities  are then  convertible  into,  and the Warrants are then
exercisable for, shares of Common Stock at the then prevailing  Conversion Ratio
(as defined in the Debentures or the Amended Articles, as applicable) or Warrant
Price (as defined in the Warrants), respectively.

                  (d) The  Company  shall use its best  efforts to  qualify  for
registration  on Form S-3 or any comparable or successor  form or forms.  In the
event  that Form S-3 is not  available  for the  registration  of the  resale of
Registrable  Securities hereunder,  the Company shall (i) register the resale of
the  Registrable  Securities on another  appropriate  form and (ii) undertake to
register the resale of the  Registrable  Securities  on Form S-3 as soon as such
form is available, provided that the Company shall maintain the effectiveness of
the  Registration  Statement  then in effect  until such time as a  Registration
Statement on Form S-3  covering the  Registrable  Securities  has been  declared
effective by the Commission.

         3.       Registration Procedures.

                  In  connection  with the  Company's  registration  obligations
hereunder, the Company shall:

                  (a)Prepare  and file  with the  Commission  on or prior to the
Filing Date, a  Registration  Statement on Form SB-2  (converted  to Form S-3 as
soon as the Company  becomes  eligible to  register  for resale the  Registrable
Securities on Form S-3),  which shall be  "evergreened,"  in accordance with the
method or methods of distribution thereof as specified by the Holders (except if
otherwise  directed by the  Holders),  and cause the  Registration  Statement to
become  effective and remain effective as provided  herein;  provided,  however,
that  not  less  than  ten  (10)  Business  Days  prior  to  the  filing  of the
Registration  Statement or any related Prospectus or any amendment or supplement
thereto   (including  any  document  that  would  be  incorporated   therein  by
reference),  the  Company  shall (i)  furnish  to the  Holders  and any  Special
Counsel,  copies of all such  documents  proposed to be filed,  which  documents
(other than those  incorporated  by reference)  will be subject to the review of
such  Holders  and  such  Special

                                      -5-
<PAGE>

Counsel,  and (ii) cause its officers  and  directors,  counsel and  independent
certified public accountants to respond to such inquiries as shall be necessary,
in the  reasonable  opinion of counsel to such Holders,  to conduct a reasonable
investigation  within the meaning of the  Securities  Act. The Company shall not
file the  Registration  Statement or any such  Prospectus  or any  amendments or
supplements  thereto  to which the  Holders  of a  majority  of the  Registrable
Securities or any Special  Counsel,  shall  reasonably  object in writing within
three (3) Business Days of their receipt thereof.

                  (b) (i) Prepare and file with the Commission such  amendments,
including  post-effective  amendments,  to the Registration  Statement as may be
necessary to keep the Registration  Statement  continuously  effective as to the
applicable  Registrable  Securities for the Effectiveness Period and prepare and
file with the Commission  such  additional  Registration  Statements in order to
register for resale under the Securities Act all of the Registrable  Securities;
(ii) cause the related  Prospectus to be amended or supplemented by any required
Prospectus supplement, and as so supplemented or amended to be filed pursuant to
Rule  424 (or any  similar  provisions  then in  force)  promulgated  under  the
Securities  Act; (iii) respond as promptly as possible to any comments  received
from the Commission with respect to the Registration  Statement or any amendment
thereto and as promptly as possible provide the Holders true and complete copies
of all  correspondence  from and to the Commission  relating to the Registration
Statement;  and (iv) comply in all material  respects with the provisions of the
Securities  Act and the  Exchange  Act with  respect to the  disposition  of all
Registrable   Securities  covered  by  the  Registration  Statement  during  the
applicable  period in accordance with the intended methods of disposition by the
Holders thereof set forth in the Registration Statement as so amended or in such
Prospectus as so supplemented.

                  (c) Notify the Holders of  Registrable  Securities  to be sold
and any Special  Counsel as promptly  as  possible  (and,  in the case of (i)(A)
below,  not less than five (5) days prior to such  filing) and (if  requested by
any such  Person)  confirm such notice in writing no later than one (1) Business
Day following the day (i)(A) when a Prospectus or any  Prospectus  supplement or
post-effective  amendment to the Registration Statement is proposed to be filed;
(B) when the Commission notifies the Company whether there will be a "review" of
such Registration  Statement and whenever the Commission  comments in writing on
such Registration  Statement and (C) with respect to the Registration  Statement
or any post-effective amendment, when the same has become effective; (ii) of any
request by the Commission or any other Federal or state  governmental  authority
for amendments or supplements to the Registration Statement or Prospectus or for
additional  information;  (iii) of the  issuance by the  Commission  of any stop
order suspending the effectiveness of the Registration Statement covering any or
all of the Registrable  Securities or the initiation of any Proceedings for that
purpose;  (iv) if at any time any of the  representations  and warranties of the
Company  contained in any  agreement  contemplated  hereby ceases to be true and
correct in all  material  respects;  (v) of the  receipt  by the  Company of any
notification  with respect to the suspension of the  qualification  or exemption
from  qualification  of  any of  the  Registrable  Securities  for  sale  in any
jurisdiction,  or the  initiation  or  threatening  of any  Proceeding  for such
purpose;  and (vi) of the  occurrence of any event that makes any statement made
in the  Registration  Statement or  Prospectus or any document  incorporated  or
deemed to be incorporated therein by reference untrue in any material respect or

                                      -6-
<PAGE>

that requires any revisions to the Registration  Statement,  Prospectus or other
documents so that, in the case of the Registration  Statement or the Prospectus,
as the case may be, it will not contain any untrue  statement of a material fact
or omit to state any material fact required to be stated therein or necessary to
make the statements  therein, in the light of the circumstances under which they
were made, not misleading.

                  (d) Use its best  efforts  to avoid the  issuance  of,  or, if
issued,  obtain the withdrawal of, (i) any order suspending the effectiveness of
the  Registration  Statement or (ii) any  suspension  of the  qualification  (or
exemption from  qualification) of any of the Registrable  Securities for sale in
any jurisdiction, at the earliest practicable moment.

                  (e) If  requested  by the Holders of a majority in interest of
the Registrable Securities,  (i) promptly incorporate in a Prospectus supplement
or  post-effective  amendment to the Registration  Statement such information as
the  Company  reasonably  agrees  should be  included  therein and (ii) make all
required filings of such Prospectus supplement or such post-effective  amendment
as soon as  practicable  after the  Company  has  received  notification  of the
matters to be  incorporated  in such  Prospectus  supplement  or  post-effective
amendment.

                  (f) Furnish to each Holder and any  Special  Counsel,  without
charge,  at least one  conformed  copy of each  Registration  Statement and each
amendment thereto,  including financial statements and schedules,  all documents
incorporated  or deemed to be incorporated  therein by reference,  to the extent
requested by such Person and all exhibits to the extent requested by such Person
(including  those  previously  furnished or incorporated by reference)  promptly
after the filing of such documents with the Commission.

                  (g) Promptly  deliver to each Holder and any Special  Counsel,
without charge, as many copies of the Prospectus or Prospectuses (including each
form of prospectus) and each amendment or supplement thereto as such Persons may
reasonably  request;  and  the  Company  hereby  consents  to the  use  of  such
Prospectus  and each  amendment  or  supplement  thereto by each of the  selling
Holders in connection with the offering and sale of the  Registrable  Securities
covered by such Prospectus and any amendment or supplement thereto.

                  (h) Prior to any public  offering of  Registrable  Securities,
use its best  efforts  to  register  or qualify or  cooperate  with the  selling
Holders,  and any  Special  Counsel  in  connection  with  the  registration  or
qualification  (or exemption from such  registration or  qualification)  of such
Registrable  Securities for offer and sale under the securities or Blue Sky laws
of such  jurisdictions  within  the  United  States as any  Holder  requests  in
writing,   to  keep  each  such  registration  or  qualification  (or  exemption
therefrom) effective during the Effectiveness Period and to do any and all other
acts or  things  necessary  or  advisable  to  enable  the  disposition  in such
jurisdictions of the Registrable Securities covered by a Registration Statement;
provided,  however,  that the Company shall not be required to qualify generally
to do business in any jurisdiction  where it is not then so qualified or to take
any  action  that would  subject  it to  general  service of process in any such
jurisdiction  where it is not then so  subject  or  subject  the  Company to any
material tax in any such jurisdiction where it is not then so subject.

                                      -7-
<PAGE>

                  (i)  Cooperate  with the  Holders  to  facilitate  the  timely
preparation and delivery of certificates  representing Registrable Securities to
be sold pursuant to a Registration  Statement,  which certificates shall be free
of all restrictive legends,  and to enable such Registrable  Securities to be in
such  denominations  and  registered in such names as any Holders may request at
least two (2) Business Days prior to any sale of Registrable Securities.

                  (j) Upon the occurrence of any event  contemplated  by Section
3(c)(vi), as promptly as possible, prepare a supplement or amendment,  including
a post-effective amendment, to the Registration Statement or a supplement to the
related  Prospectus or any document  incorporated  or deemed to be  incorporated
therein  by  reference,  and file  any  other  required  document  so  that,  as
thereafter  delivered,  neither the  Registration  Statement nor such Prospectus
will contain an untrue  statement of a material fact or omit to state a material
fact required to be stated therein or necessary to make the statements  therein,
in the light of the circumstances under which they were made, not misleading.

                  (k) Use its best efforts to cause all  Registrable  Securities
relating to such  Registration  Statement  to be eligible  for  quotation on the
National Association of Securities Dealers,  Inc.'s OTC Bulletin Board (the "OTC
Bulletin Board") and any other securities exchange,  quotation system, market or
over-the-counter  bulletin board, if any, on which similar  securities issued by
the  Company  are then  listed as and when  required  pursuant  to the  Purchase
Agreement.

                   (l) Comply in all material respects with all applicable rules
and  regulations of the Commission and make generally  available to its security
holders  earning  statements  satisfying  the provisions of Section 11(a) of the
Securities Act and Rule 158 not later than 45 days after the end of any 12-month
period  (or 90 days  after the end of any  12-month  period if such  period is a
fiscal  year)  commencing  on the first day of the first  fiscal  quarter of the
Company after the effective date of the Registration Statement,  which statement
shall conform to the requirements of Rule 158.

                  (m) The Company may require each selling  Holder to furnish to
the  Company  information  regarding  such Holder and the  distribution  of such
Registrable Securities as is required by law to be disclosed in the Registration
Statement,  and the Company may exclude from such  registration  the Registrable
Securities of any such Holder who unreasonably fails to furnish such information
within 15 Business Days after receiving such request.

                  If the Registration  Statement refers to any Holder by name or
otherwise as the holder of any securities of the Company, then such Holder shall
have the right to require (if such reference to such Holder by name or otherwise
is not required by the  Securities  Act or any similar  federal  statute then in
force)  the  deletion  of the  reference  to such  Holder  in any  amendment  or
supplement to the  Registration  Statement  filed or prepared  subsequent to the
time that such reference ceases to be required.

                  Each Holder covenants and agrees that (i) it will not sell any
Registrable  Securities under the  Registration  Statement until it has received
copies of the  Prospectus as then

                                      -8-
<PAGE>

amended or  supplemented  as  contemplated  in Section  3(g) and notice from the
Company  that such  Registration  Statement  and any  post-effective  amendments
thereto have become  effective as  contemplated  by Section 3(c) and (ii) it and
its officers,  directors or Affiliates,  if any, will comply with the prospectus
delivery  requirements of the Securities Act as applicable to them in connection
with sales of Registrable Securities pursuant to the Registration Statement.

                  Each  Holder  agrees by its  acquisition  of such  Registrable
Securities  that, upon receipt of a notice from the Company of the occurrence of
any  event of the kind  described  in  Section  3(c)(ii),  3(c)(iii),  3(c)(iv),
3(c)(v) or 3(c)(vi),  such Holder will forthwith discontinue disposition of such
Registrable  Securities  under the  Registration  Statement  until such Holder's
receipt of the copies of the supplemented Prospectus and/or amended Registration
Statement  contemplated  by Section 3(j), or until it is advised in writing (the
"Advice")  by the  Company  that  the use of the  applicable  Prospectus  may be
resumed,  and,  in  either  case,  has  received  copies  of any  additional  or
supplemental  filings  that are  incorporated  or deemed to be  incorporated  by
reference in such Prospectus or Registration Statement.

                  (n) If (i) there is material non-public  information regarding
the Company which the  Company's  Board of Directors  (the  "Board")  reasonably
determines  not to be in the  Company's  best interest to disclose and which the
Company is not  otherwise  required to disclose,  or (ii) there is a significant
business  opportunity  (including,  but  not  limited  to,  the  acquisition  or
disposition  of assets  (other than in the  ordinary  course of business) or any
merger,  consolidation,  tender offer or other similar transaction) available to
the Company  which the Board  reasonably  determines  not to be in the Company's
best  interest to disclose,  then the Company may postpone or suspend  filing or
effectiveness  of a  registration  statement  for a  period  not  to  exceed  15
consecutive  days,  provided  that the Company  may not  postpone or suspend its
obligation under this Section 3(n) for more than 30 days in the aggregate during
any 365-day period;  provided,  however, that no such postponement or suspension
shall be permitted for  consecutive 15 day periods,  arising out of the same set
of facts, circumstances or transactions.

                  (o) At its sole  discretion,  add the  Underlying  Shares  and
Warrant Shares to any currently filed registration  statement as an amendment to
said  registration  statement  in  order  to save  filing  and  legal  costs  in
connection with the procurement of the Registration Statement, provided that the
Company has a reasonable  belief that the registration  statement will be deemed
effective in the appropriate time period,  and further that it is not in any way
violating  any  covenants   with  other   investors  in  connection   with  such
registration statement by adding the Purchasers to said registration statement.

         4.       Registration Expenses.

                  All  fees  and  expenses  incident  to the  performance  of or
compliance  with this  Agreement  by the  Company  shall be borne by the Company
whether or not the  Registration  Statement  is filed or becomes  effective  and
whether or not any Registrable  Securities are sold pursuant to the Registration
Statement.  The fees and expenses  referred to in the foregoing  sentence  shall
include,  without  limitation,  (i) all registration and filing fees (including,
without limitation, fees and expenses (A) with respect to filings required to be
made with the National

                                      -9-
<PAGE>

Association of Securities Dealers,  Inc. and the NASD Regulation,  Inc., and (B)
in  compliance  with  state  securities  or Blue  Sky laws  (including,  without
limitation, fees and disbursements of counsel for the Holders in connection with
Blue Sky  qualifications of the Registrable  Securities and determination of the
eligibility of the Registrable  Securities for investment under the laws of such
jurisdictions  as the  Holders  of a  majority  of  Registrable  Securities  may
designate)), (ii) printing expenses (including, without limitation,  expenses of
printing  certificates for Registrable  Securities and of printing  prospectuses
(which  may be camera  ready  copies of such  prospectuses)),  (iii)  messenger,
telephone and delivery expenses,  (iv) fees and disbursements of counsel for the
Company and Special Counsel for the Holders, in the case of the Special Counsel,
to a maximum amount of $25,000, (v) Securities Act liability  insurance,  if the
Company so  desires  such  insurance,  and (vi) fees and  expenses  of all other
Persons  retained  by the Company in  connection  with the  consummation  of the
transactions contemplated by this Agreement,  including, without limitation, the
Company's independent public accountants  (including the expenses of any comfort
letters or costs associated with the delivery by independent  public accountants
of a comfort  letter or comfort  letters).  In  addition,  the Company  shall be
responsible  for all of its internal  expenses  incurred in connection  with the
consummation  of the  transactions  contemplated  by this Agreement  (including,
without  limitation,  all salaries  and  expenses of its officers and  employees
performing  legal or accounting  duties),  the expense of any annual audit,  the
fees and expenses  incurred in  connection  with the listing of the  Registrable
Securities on any securities exchange as required hereunder.

         5.       Indemnification.

                  (a)  Indemnification  by  the  Company.   The  Company  shall,
notwithstanding  any termination of this Agreement,  indemnify and hold harmless
each Holder,  the officers,  directors,  agents,  brokers (including brokers who
offer and sell  Registrable  Securities  as principal as a result of a pledge or
any failure to perform under a margin call of Common Stock), investment advisors
and employees of each of them,  each Person who controls any such Holder (within
the meaning of Section 15 of the  Securities  Act or Section 20 of the  Exchange
Act) and the officers,  directors, agents and employees of each such controlling
Person,  to the fullest extent permitted by applicable law, from and against any
and  all  losses,  claims,  damages,  liabilities,   costs  (including,  without
limitation,   costs  of   preparation   and   attorneys'   fees)  and   expenses
(collectively,  "Losses"), as incurred, arising out of or relating to any untrue
or alleged  untrue  statement of a material fact  contained in the  Registration
Statement,  any  Prospectus  or any form of  prospectus  or in any  amendment or
supplement  thereto  or in any  preliminary  prospectus,  or  arising  out of or
relating to any omission or alleged  omission of a material  fact required to be
stated therein or necessary to make the  statements  therein (in the case of any
Prospectus  or form of prospectus  or  supplement  thereto,  in the light of the
circumstances  under which they were made) not misleading,  or arising out of or
relating to any violation by the Company or its agents of the  Securities Act or
any rule or regulation  promulgated  under the  Securities Act applicable to the
Company or its agents and relating to action or inaction required of the Company
in connection  with a registration  of Registrable  Securities  pursuant to this
Agreement,  except to the  extent,  but only to the  extent,  that  such  untrue
statements or omissions are based solely upon information  regarding such Holder
furnished  in writing to the Company by such Holder  expressly  for use therein,
which  information was reasonably relied on by the Company for use

                                      -10-
<PAGE>

therein or to the extent  that such  information  relates to such Holder or such
Holder's  proposed  method of  distribution  of  Registrable  Securities and was
reviewed and expressly  approved in writing by such Holder  expressly for use in
the Registration Statement, such Prospectus or such form of Prospectus or in any
amendment or supplement  thereto.  The Company shall notify the Holders promptly
of the  institution,  threat or assertion of any Proceeding of which the Company
is aware in connection with the transactions contemplated by this Agreement.

                  (b) Indemnification by Holders.  Each Holder shall,  severally
and not  jointly,  indemnify  and hold  harmless  the  Company,  the  directors,
officers, agents and employees, each Person who controls the Company (within the
meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act),
and the directors, officers, agents or employees of such controlling Persons, to
the fullest extent permitted by applicable law, from and against all Losses,  as
incurred,  arising solely out of or based solely upon any untrue  statement of a
material fact contained in the Registration  Statement,  any Prospectus,  or any
form of  prospectus,  or arising solely out of or based solely upon any omission
of a  material  fact  required  to be stated  therein or  necessary  to make the
statements  therein  (in the case of any  Prospectus  or form of  prospectus  or
supplement  thereto,  in the light of the  circumstances  under  which they were
made) not misleading,  to the extent,  but only to the extent,  that such untrue
statement or omission is contained in any information so furnished in writing by
such  Holder to the  Company  specifically  for  inclusion  in the  Registration
Statement or such  Prospectus and that such  information  was reasonably  relied
upon by the Company for use in the  Registration  Statement,  such Prospectus or
such form of prospectus or to the extent that such  information  relates to such
Holder  or  such  Holder's   proposed  method  of  distribution  of  Registrable
Securities  and was  reviewed and  expressly  approved in writing by such Holder
expressly for use in the Registration Statement, such Prospectus or such form of
Prospectus.

                  (c) Conduct of Indemnification  Proceedings. If any Proceeding
shall be brought or asserted against any Person entitled to indemnity  hereunder
(an  "Indemnified  Party"),  such  Indemnified  Party  promptly shall notify the
Person from whom indemnity is sought (the "Indemnifying  Party) in writing,  and
the  Indemnifying  Party  shall  assume  the  defense  thereof,   including  the
employment of counsel  reasonably  satisfactory to the Indemnified Party and the
payment of all fees and expenses  incurred in connection  with defense  thereof;
provided,  that the failure of any  Indemnified  Party to give such notice shall
not relieve the Indemnifying Party of its obligations or liabilities pursuant to
this  Agreement,  except  (and  only) to the  extent  that it  shall be  finally
determined  by a court of competent  jurisdiction  (which  determination  is not
subject to appeal or further  review) that such failure  shall have  proximately
and materially adversely prejudiced the Indemnifying Party.

                  An Indemnified  Party shall have the right to employ  separate
counsel in any such  Proceeding and to participate in the defense  thereof,  but
the  fees  and  expenses  of  such  counsel  shall  be at the  expense  of  such
Indemnified  Party or Parties unless:  (1) the Indemnifying  Party has agreed in
writing to pay such fees and expenses;  or (2) the Indemnifying Party shall have
failed  promptly to assume the defense of such  Proceeding and to employ counsel
reasonably satisfactory to such Indemnified Party in any such Proceeding; or (3)
the named  parties to any such  Proceeding  (including  any  impleaded  parties)
include  both  such  Indemnified  Party  and the

                                      -11-
<PAGE>

Indemnifying  Party,  and such  Indemnified  Party  shall  have been  advised by
counsel  that a conflict of interest is likely to exist if the same counsel were
to represent such Indemnified  Party and the Indemnifying  Party (in which case,
if such  Indemnified  Party notifies the  Indemnifying  Party in writing that it
elects to employ separate counsel at the expense of the Indemnifying  Party, the
Indemnifying  Party shall not have the right to assume the  defense  thereof and
such  counsel  shall  be  at  the  expense  of  the  Indemnifying   Party).  The
Indemnifying Party shall not be liable for any settlement of any such Proceeding
effected  without its written  consent,  which consent shall not be unreasonably
withheld.  No Indemnifying Party shall, without the prior written consent of the
Indemnified Party, effect any settlement of any pending Proceeding in respect of
which any  Indemnified  Party is a party,  unless  such  settlement  includes an
unconditional  release of such  Indemnified  Party from all  liability on claims
that are the subject matter of such Proceeding.

                  All fees and  expenses  of the  Indemnified  Party  (including
reasonable  fees  and  expenses  to  the  extent  incurred  in  connection  with
investigating   or  preparing  to  defend  such   Proceeding  in  a  manner  not
inconsistent  with this  Section)  shall be paid to the  Indemnified  Party,  as
incurred,  within  ten (10)  Business  Days of  written  notice  thereof  to the
Indemnifying  Party  (regardless of whether it is ultimately  determined that an
Indemnified Party is not entitled to indemnification  hereunder;  provided, that
the  Indemnifying  Party may require  such  Indemnified  Party to  undertake  to
reimburse  all such fees and  expenses  to the extent it is  finally  judicially
determined  that  such  Indemnified  Party is not  entitled  to  indemnification
hereunder).

                  (d) Contribution. If a claim for indemnification under Section
5(a) or 5(b) is  unavailable  to an  Indemnified  Party  because of a failure or
refusal  of  a  governmental   authority  to  enforce  such  indemnification  in
accordance  with its terms (by reason of public policy or otherwise),  then each
Indemnifying  Party,  in lieu of  indemnifying  such  Indemnified  Party,  shall
contribute to the amount paid or payable by such  Indemnified  Party as a result
of such Losses,  in such  proportion as is  appropriate  to reflect the relative
fault of the  Indemnifying  Party and  Indemnified  Party in connection with the
actions,  statements  or omissions  that  resulted in such Losses as well as any
other relevant equitable considerations. The relative fault of such Indemnifying
Party and  Indemnified  Party shall be  determined  by reference to, among other
things,  whether any action in question,  including any untrue or alleged untrue
statement of a material fact or omission or alleged omission of a material fact,
has been  taken  or made  by,  or  relates  to  information  supplied  by,  such
Indemnifying  Party or  Indemnified  Party,  and the parties'  relative  intent,
knowledge,  access to  information  and  opportunity  to correct or prevent such
action, statement or omission. The amount paid or payable by a party as a result
of any Losses shall be deemed to include,  subject to the  limitations set forth
in Section 5(c), any reasonable  attorneys' or other reasonable fees or expenses
incurred  by such party in  connection  with any  Proceeding  to the extent such
party   would  have  been   indemnified   for  such  fees  or  expenses  if  the
indemnification  provided  for in this  Section was  available  to such party in
accordance with its terms.

                  The  parties  hereto  agree  that it  would  not be  just  and
equitable if  contribution  pursuant to this Section 5(d) were determined by pro
rata  allocation  or by any other method of  allocation  that does not take into
account the equitable  considerations  referred to in the

                                      -12-
<PAGE>

immediately    preceding    paragraph.    No   Person   guilty   of   fraudulent
misrepresentation  (within the meaning of Section 11(f) of the  Securities  Act)
shall be  entitled  to  contribution  from any Person who was not guilty of such
fraudulent misrepresentation.

                  The indemnity and  contribution  agreements  contained in this
Section are in addition to any liability that the Indemnifying  Parties may have
to the Indemnified Parties.

         6.       Rule 144.

                  As long as any Holder owns Convertible Securities,  Underlying
Shares,  Warrants or Warrant  Shares,  the Company  covenants to timely file (or
obtain  extensions  in respect  thereof  and file  within the  applicable  grace
period)  all reports  required to be filed by the Company  after the date hereof
pursuant to Section  13(a) or 15(d) of the Exchange Act and to promptly  furnish
the Holders with true and complete  copies of all such  filings.  As long as any
Holder  owns  Convertible  Securities,  Underlying  Shares,  Warrants or Warrant
Shares, if the Company is not required to file reports pursuant to Section 13(a)
or 15(d) of the  Exchange  Act,  it will  prepare and furnish to the Holders and
make publicly  available in accordance  with Rule 144(c)  promulgated  under the
Securities  Act annual  and  quarterly  financial  statements,  together  with a
discussion  and  analysis of such  financial  statements  in form and  substance
substantially  similar to those that would  otherwise be required to be included
in reports  required by Section  13(a) or 15(d) of the Exchange  Act, as well as
any other  information  required  thereby,  in the time period that such filings
would have been  required to have been made under the Exchange  Act. The Company
further  covenants  that it will take such  further  action  as any  Holder  may
reasonably request,  all to the extent required from time to time to enable such
Person to sell Underlying Shares and Warrant Shares without  registration  under
the Securities Act within the limitation of the exemptions  provided by Rule 144
promulgated  under the Securities  Act,  including  providing any legal opinions
referred to in the  Purchase  Agreement.  Upon the  request of any  Holder,  the
Company  shall  deliver  to  such  Holder  a  written  certification  of a  duly
authorized officer as to whether it has complied with such requirements.

         7.       Miscellaneous.

                  (a) Remedies.  In the event of a breach by the Company or by a
Holder,  of any of their  obligations  under this Agreement,  each Holder or the
Company,  as the case may be, in  addition to being  entitled  to  exercise  all
rights granted by law and under this Agreement,  including  recovery of damages,
will be entitled to specific performance of its rights under this Agreement. The
Company and each Holder agree that monetary  damages would not provide  adequate
compensation  for any losses  incurred by reason of a breach by it of any of the
provisions of this Agreement and hereby further agrees that, in the event of any
action for specific  performance  in respect of such breach,  it shall waive the
defense that a remedy at law would be adequate.

                  (b) No Inconsistent Agreements. Neither the Company nor any of
its subsidiaries has, as of the date hereof entered into any agreement currently
in effect,  nor shall the  Company or any of its  subsidiaries,  on or after the
date of this Agreement,  enter into any

                                      -13-
<PAGE>

agreement with respect to its securities  that is  inconsistent  with the rights
granted  to the  Holders  in this  Agreement  or  otherwise  conflicts  with the
provisions  hereof.  Except as  disclosed  in  Schedule  2.1(s) of the  Purchase
Agreement,  neither  the  Company  nor any of its  subsidiaries  has  previously
entered into any agreement  currently in effect granting any registration rights
with  respect to any of its  securities  to any  Person.  Without  limiting  the
generality  of the  foregoing,  without the written  consent of the Holders of a
majority of the then outstanding Registrable  Securities,  the Company shall not
grant to any Person the right to request the Company to register any  securities
of the Company under the Securities Act unless the rights so granted are subject
in all respects to the prior rights in full of the Holders set forth herein, and
are not otherwise in conflict with the provisions of this Agreement.

                  (c) No Piggyback on Registrations. Neither the Company nor any
of its security holders (other than the Holders in such capacity pursuant hereto
or as  disclosed  in  Schedule  2.1(s) of the  Purchase  Agreement)  may include
securities of the Company in the Registration  Statement,  and the Company shall
not after the date hereof enter into any agreement  providing  such right to any
of its  securityholders,  unless the right so granted is subject in all respects
to the  prior  rights  in full  of the  Holders  set  forth  herein,  and is not
otherwise in conflict with the provisions of this Agreement.

                  (d) Piggy-Back Registrations. If at any time when there is not
an  effective  Registration  Statement  covering (i)  Underlying  Shares or (ii)
Warrant  Shares,  the  Company  shall  determine  to  prepare  and file with the
Commission a registration  statement relating to an offering for its own account
or the  account  of  others  under  the  Securities  Act  of  any of its  equity
securities,  other than on Form S-4 or Form S-8 (each as  promulgated  under the
Securities Act) or their then  equivalents  relating to equity  securities to be
issued solely in connection  with any  acquisition  of any entity or business or
equity  securities  issuable in connection  with stock option or other  employee
benefit plans,  the Company shall send to each Holder of Registrable  Securities
written  notice of such  determination  and,  if within  thirty  (30) days after
receipt of such  notice,  any such holder  shall so request in  writing,  (which
request shall specify the Registrable  Securities  intended to be disposed of by
the Purchasers),  the Company will cause the  registration  under the Securities
Act of all  Registrable  Securities  which the Company has been so  requested to
register by the Holder, to the extent requisite to permit the disposition of the
Registrable  Securities so to be registered,  provided that if at any time after
giving  written  notice of its intention to register any securities and prior to
the effective date of the  registration  statement filed in connection with such
registration,  the Company shall  determine for any reason not to register or to
delay  registration of such securities,  the Company may, at its election,  give
written notice of such determination to such Holder and,  thereupon,  (i) in the
case of a determination not to register,  shall be relieved of its obligation to
register any Registrable  Securities in connection with such  registration  (but
not from its  obligation to pay expenses in  accordance  with Section 4 hereof),
and (ii) in the case of a determination to delay registering, shall be permitted
to delay  registering any Registrable  Securities being  registered  pursuant to
this  Section  7(d) for the same period as the delay in  registering  such other
securities.  The Company shall include in such registration statement all or any
part of such  Registrable  Securities  such holder  requests  to be  registered;
provided,  however,  that the Company  shall not be  required  to  register  any
Registrable  Securities pursuant to this Section 7(d) that are eligible for sale
pursuant to Rule 144(k) of the

                                      -14-
<PAGE>

Securities Act. In the case of an underwritten public offering,  if the managing
underwriter(s)  or  underwriter(s)  should reasonably object to the inclusion of
the Registrable Securities in such registration  statement,  then if the Company
after consultation with the managing  underwriter(s) should reasonably determine
that the inclusion of such Registrable  Securities,  would materially  adversely
affect the offering  contemplated in such registration  statement,  and based on
such determination  recommends inclusion in such registration statement of fewer
or none of the  Registrable  Securities  of the Holders,  then (x) the number of
Registrable  Securities of the Holders included in such  registration  statement
shall  be  reduced  pro-rata  among  such  Holders  (based  upon the  number  of
Registrable  Securities  requested to be included in the  registration),  if the
Company after consultation with the  underwriter(s)  recommends the inclusion of
fewer Registrable  Securities,  or (y) none of the Registrable Securities of the
Holders shall be included in such registration  statement,  if the Company after
consultation  with the  underwriter(s)  recommends the inclusion of none of such
Registrable Securities;  provided, however, that if Securities are being offered
for the  account  of other  persons or  entities  as well as the  Company,  such
reduction  shall not represent a greater  fraction of the number of  Registrable
Securities  intended to be offered by the Holders  than the  fraction of similar
reductions imposed on such other persons or entities (other than the Company).

                  (e)  Failure  to  File  Registration   Statement;   Rights  of
Rescission.  The Company and the  Purchasers  agree that the Holders will suffer
damages  if the  Registration  Statement  is not filed on or prior to the Filing
Date  and  not  declared  effective  by  the  Commission  on  or  prior  to  the
Effectiveness Date and maintained in the manner  contemplated  herein during the
Effectiveness Time or if certain other events occur. The Company and the Holders
further  agree that it would not be  feasible  to  ascertain  the extent of such
damages with precision.  Accordingly,  if (A) the Registration  Statement is not
filed  on or prior to the  Filing  Date,  or is not  declared  effective  by the
Commission on or prior to the Effectiveness  Date (or in the event an additional
Registration  Statement is filed  because the actual  number of shares of Common
Stock into which the Convertible Securities are convertible and the Warrants are
exercisable exceeds the number of shares of Common Stock initially registered is
not filed and declared  effective with the time periods set forth in Section 2),
or (B) the Company fails to file with the Commission a request for  acceleration
in accordance  with Rule 12dl-2  promulgated  under the Exchange Act within five
(5)  Business  Days of the date  that the  Company  is  notified  (orally  or in
writing,  whichever is earlier) by the Commission that a Registration  Statement
will  not  be  "reviewed,"  or  not  subject  to  further  review,  or  (C)  the
Registration  Statement is filed with and declared  effective by the  Commission
but thereafter  ceases to be effective as to all  Registrable  Securities at any
time  prior  to  the  expiration  of the  Effectiveness  Period,  without  being
succeeded  immediately  by a subsequent  Registration  Statement  filed with and
declared  effective by the Commission,  or (D) trading in the Common Stock shall
be suspended or if the Common Stock is delisted from the OTC Bulletin  Board for
any  reason  for more than  three  Business  Days in the  aggregate,  or (E) the
conversion rights of the Holders are suspended for any reason except as a result
of Section  4(a)(ii) of the Debentures or Section 6(a)(ii) of the Certificate of
Designation,  or (F) the Company  breaches in a material respect any covenant or
other  material  term or condition  to this  Agreement,  the Purchase  Agreement
(other than a representation  or warranty  contained  therein),  any Transaction
Document  or any other  agreement,  document,  certificate  or other  instrument
delivered in connection with the transactions  contemplated  hereby

                                      -15-
<PAGE>

and thereby, and such breach continues for a period of thirty days after written
notice thereof to the Company,  or (G) the Company fails to convene a meeting of
shareholders  within the time period  specified  in Section 3.13 of the Purchase
Agreement or does so convene a meeting of  shareholders  within such time period
but fails to obtain Shareholder Approval at such meeting, or (H) the Company has
breached  Section  3(n) (any such  failure  or breach  being  referred  to as an
"Event,"  and for  purposes  of clauses (A) and (E) the date on which such Event
occurs,  or for purposes of clause (B) the date on which such five day period is
exceeded,  or for purposes of clause (C) after more than fifteen  Business Days,
or for  purposes of clause (D) the date on which such three  Business Day period
is  exceeded,  or for  clause  (F) the date on which  such  thirty day period is
exceeded,  being referred to as "Event Date"),  the Company shall pay in cash as
liquidated  damages to each Holder an amount equal to 2.0% per calendar month or
portion thereof of the aggregate  principal  amount of Debentures,  or aggregate
stated value of the outstanding  Preferred  Stock,  as applicable,  purchased by
such Holder,  plus the principal  amount or stated value, as applicable,  of any
Convertible  Securities  that  have  been  converted  to the  extent  any of the
Underlying  Shares  issued  upon such  conversion  have not been  sold,  and the
aggregate amount of the exercise price of the Warrants purchased by such Holder,
whether or not  exercised,  commencing on the Event Date,  until the  applicable
Event is cured.  Payments to be made  pursuant to this Section 7(e) shall be due
and payable immediately upon demand in immediately available funds.

                  (f) Amendments and Waivers.  The provisions of this Agreement,
including  the  provisions  of this  sentence,  may not be amended,  modified or
supplemented,  and waivers or consents to departures from the provisions  hereof
may not be given,  unless the same shall be in writing and signed by the Company
and each of the Holders.  Notwithstanding the foregoing,  a waiver or consent to
depart  from  the  provisions  hereof  with  respect  to a matter  that  relates
exclusively  to the rights of Holders and that does not  directly or  indirectly
affect  the  rights  of other  Holders  may be given  by  Holders  of at least a
majority of the Registrable  Securities to which such waiver or consent relates;
provided,  however,  that the  provisions  of this  sentence may not be amended,
modified,  or  supplemented  except in  accordance  with the  provisions  of the
immediately preceding sentence.

                  (g) Notices.  Any and all notices or other  communications  or
deliveries  required or permitted to be provided  hereunder  shall be in writing
and  shall be deemed  given  and  effective  on the  earlier  of (i) the date of
transmission,  if such notice or communication is delivered via facsimile at the
facsimile  telephone  number  specified for notice prior to 5:00 p.m.,  New York
City  time,  on a  Business  Day,  (ii)  the  Business  Day  after  the  date of
transmission,  if such notice or communication is delivered via facsimile at the
facsimile  telephone  number specified for notice later than 5:00 p.m., New York
City time, on any date and earlier than 11:59 p.m.,  New York City time, on such
date,  (iii)  the  Business  Day  following  the  date  of  mailing,  if sent by
nationally  recognized  overnight  courier service or (iv) actual receipt by the
party to whom  such  notice is  required  to be given.  The  addresses  for such
communications  shall be with  respect to each  Holder at its  address set forth
under its name on Schedule 1 attached  hereto,  or with  respect to the Company,
addressed to:

                  World Wide Wireless Communications Inc.

                                      -16-
<PAGE>

                  520 Third Street
                  Suite 101
                  Oakland, California  94607
                  Attention: Douglas P. Haffer
                  Telephone No.:  (510) 839-6100
                  Facsimile No.:  (510) 839-7088

or to such other address or addresses or facsimile number or numbers as any such
party may most recently have  designated in writing to the other parties  hereto
by such  notice.  Copies of  notices  to any  Holder  shall be sent to Stroock &
Stroock & Lavan LLP, 180 Maiden Lane, New York, New York 10038-4982,  Attention:
James R. Tanenbaum,  Esq.,  Telephone No.: (212) 806-5400,  Facsimile No.: (212)
806-6006. Copies of notices to the Company shall be sent to Evers & Hendrickson,
LLP, 155 Montgomery,  12th Floor, San Francisco,  California  94104,  Attention:
William D. Evers,  Esq.,  Telephone  No.: (415)  772-8100,  Facsimile No.: (415)
772-8101.

                  (h)  Successors and Assigns.  This Agreement  shall be binding
upon and inure to the benefit of the parties and their  successors and permitted
assigns and shall inure to the  benefit of each  Holder and its  successors  and
assigns.  The  Company  may not assign  this  Agreement  or any of its rights or
obligations  hereunder  without the prior written  consent of each Holder.  Each
Purchaser  may assign its rights  hereunder  in the manner and to the Persons as
permitted under the Purchase Agreement.

                  (i)  Assignment  of  Registration  Rights.  The rights of each
Holder  hereunder,  including the right to have the Company  register for resale
Registrable Securities in accordance with the terms of this Agreement,  shall be
automatically  assignable  by each Holder to any  Affiliate of such Holder,  any
other  Holder  or  Affiliate  of any other  Holder  of all or a  portion  of the
Securities or the  Registrable  Securities  if: (i) the Holder agrees in writing
with the  transferee  or  assignee  to assign  such  rights,  and a copy of such
agreement  is  furnished  to the  Company  within a  reasonable  time after such
assignment, (ii) the Company is, within a reasonable time after such transfer or
assignment,  furnished  with written  notice of (a) the name and address of such
transferee  or  assignee,  and (b) the  securities  with  respect  to which such
registration  rights are being  transferred  or assigned,  (iii)  following such
transfer  or  assignment  the  further  disposition  of such  securities  by the
transferee or assignee is restricted  under the  Securities  Act and  applicable
state  securities  laws,  (iv) at or before the time the  Company  receives  the
written notice  contemplated  by clause (ii) of this Section,  the transferee or
assignee agrees in writing with the Company to be bound by all of the provisions
of this Agreement, and (v) such transfer shall have been made in accordance with
the applicable  requirements of the Purchase Agreement. In addition, each Holder
shall have the right to assign its rights hereunder to any other Person with the
prior written  consent of the Company,  which consent shall not be  unreasonably
withheld.  The  rights  to  assignment  shall  apply  to  the  Holders  (and  to
subsequent) successors and assigns.

                  (j) Counterparts. This Agreement may be executed in any number
of  counterparts,  each of  which  when so  executed  shall be  deemed  to be an
original  and, all of which taken  together  shall  constitute  one and the same
Agreement.   In  the  event  that  any   signature  is

                                      -17-
<PAGE>

delivered by facsimile transmission, such signature shall create a valid binding
obligation  of the  party  executing  (or on  whose  behalf  such  signature  is
executed) the same with the same force and effect as if such facsimile signature
were the original thereof.

                  (k)  Governing  Law. This  Agreement  shall be governed by and
construed in accordance  with the laws of the State of New York,  without regard
to principles of conflicts of law thereof.

                  (l)  Cumulative  Remedies.  The remedies  provided  herein are
cumulative and not exclusive of any remedies provided by law.

                  (m)  Severability.   If  any  term,  provision,   covenant  or
restriction  of  this  Agreement  is  held  to  be  invalid,  illegal,  void  or
unenforceable in any respect, the remainder of the terms, provisions,  covenants
and  restrictions  set forth  herein  shall  remain in full force and effect and
shall in no way be affected,  impaired or  invalidated,  and the parties  hereto
shall use their  reasonable  efforts to find and employ an alternative  means to
achieve the same or substantially  the same result as that  contemplated by such
term, provision,  covenant or restriction.  It is hereby stipulated and declared
to be the  intention of the parties that they would have  executed the remaining
terms, provisions, covenants and restrictions without including any of such that
may be hereafter declared invalid, illegal, void or unenforceable.

                  (n) Headings. The headings herein are for convenience only, do
not  constitute  a part of this  Agreement  and  shall not be deemed to limit or
affect any of the provisions hereof.

                  (o) Shares Held by the Company  and its  Affiliates.  Whenever
the  consent or approval of Holders of a  specified  percentage  of  Registrable
Securities is required hereunder,  Registrable Securities held by the Company or
its  Affiliates  (other than any Holder or  transferees or successors or assigns
thereof  if such  Holder is deemed  to be an  Affiliate  solely by reason of its
holdings of such  Registrable  Securities)  shall not be counted in  determining
whether  such  consent or  approval  was given by the  Holders of such  required
percentage.

                  [Remainder of Page Intentionally Left Blank]

                                      -18-
<PAGE>

         IN WITNESS  WHEREOF,  the parties hereto have caused this  Registration
Rights Agreement to be duly executed by their respective  authorized  persons as
of the date first indicated above.

                                     WORLD WIDE WIRELESS
                                          COMMUNICATIONS, INC.

                                     By:  /s/ Doug Haffer
                                          -----------------------------------
                                          Name:  Douglas P. Haffer
                                          Title:  President

                                     ESQUIRE TRADING & FINANCE, INC.

                                     By:  /s/ Roland Wineger
                                          -----------------------------------
                                          Name:  Roland Wineger
                                          Title:  Director

                                     AMRO INTERNATIONAL, S.A.

                                     By:  /s/ H. U. Bachofer
                                          -----------------------------------
                                          Name:  H. U. Bachofer
                                          Title:  Director

                                     CELESTE TRUST REG.

                                     By:  /s/ Thomas Hackl
                                          -----------------------------------
                                          Name:  Thomas Hackl
                                          Title:  Representative

                                     THE ENDEAVOR CAPITAL FUND, S.A.

                                     By:  Endeavor Management, Inc.

                                     By:  /s/ Shmuli Margulies
                                          -----------------------------------
                                          Name:  Shmuli Margulies
                                          Title: Director

                                      -19-
<PAGE>

                                     THE KESHET FUND, L.P.

                                     By:  /s/ David Grin
                                          -----------------------------------
                                          Name:  David Grin
                                          Title:

                                     KESHET, L.P.

                                     By:  /s/ David Grin
                                          -----------------------------------
                                          Name:  David Grin
                                          Title:

                                     NESHER, LTD.

                                     By:  /s/ J.D. Clarke
                                          -----------------------------------
                                          Name:  J. D. Clarke
                                          Title:  Director

                                      -20-CERTIFICATE OF DESIGNATION,
                     PREFERENCES AND RIGHTS OF THE SERIES A
                                 PREFERRED STOCK
                                       OF
                    WORLD WIDE WIRELESS COMMUNICATIONS, INC.
                                TO BE DESIGNATED
                      SERIES A CONVERTIBLE PREFERRED STOCK

         Pursuant  to Section  78.195 of the Nevada  Revised  Statutes,  we, the
undersigned,   ______________  and   _______________,   being  respectively  the
__________  and the _________ of World Wide Wireless  Communications,  Inc. (the
"Company"),  a Nevada  corporation  organized  and  existing  under the  General
Corporation  Law of the State of Nevada,  DO HEREBY  CERTIFY that the  following
resolution  was  duly  adopted  by the  Board of  Directors  of the  Company  by
unanimous  written  consent,  and that said resolution has not been rescinded or
amended and is in full force and effect at the date hereof:

         RESOLVED,  that,  pursuant to authority expressly granted to and vested
in the Board of Directors by the provisions of the Articles of Incorporation, as
amended to date,  the Board of  Directors  hereby  creates a series of Preferred
Stock of the  Company,  par value  $.01 per share and  having a stated  value of
$1,000 per share, to be designated "Series A Convertible Preferred Stock" and to
consist of _______________________ (______) shares, and hereby fixes the powers,
designations, preferences and relative, participating, optional and other rights
of  the  shares  of  such  series,  and  the  qualifications,   limitations,  or
restrictions  thereof (in addition to those provisions set forth in the Articles
of Incorporation,  as amended,  which are applicable to the Series A Convertible
Preferred Stock), as follows:

         Section 1. Designation,  Amount, Par Value,  Stated Value and Rank. The
series of Preferred Stock shall be designated as Series A Convertible  Preferred
Stock (the "Series A Preferred  Stock"),  and the number of shares so designated
shall be _______ (which shall not be subject to increase  without the consent of
the holders of the Series A Preferred Stock ("Holders")). Each share of Series A
Preferred  Stock  shall  have a par value  $.01 per share and a stated  value of
$1,000 per share (the "Stated Value").

         The Series A Preferred Stock shall rank senior to the Junior Securities
(as defined below) and all other series of preferred stock of the Company issued
and  outstanding  on the  Original  Issue  Date  as to  distributions  and  upon
liquidation, dissolution or winding up.

         Section 2. Junior  Securities.  So long as any Series A Preferred Stock
shall remain  outstanding,  neither the Company nor any subsidiary thereof shall
redeem, purchase or otherwise acquire otherwise than upon conversion or exchange
directly or indirectly any Junior Securities,  nor shall the Company directly or
indirectly  pay or declare any dividend or make any  distribution  (other than a
dividend  or   distribution   described  in  Section  5)  upon,  nor  shall  any
distribution be

<PAGE>

made in respect of, any Junior Securities, nor shall any monies be set aside for
or applied to the purchase or  redemption  (through a sinking fund or otherwise)
of any Junior Securities.

         Section 3. Voting Rights. The holders of Series A Preferred Stock shall
have no right to vote, except as otherwise  required by Nevada law. However,  so
long as any shares of Series A  Preferred  Stock are  outstanding,  the  Company
shall not and shall cause its  subsidiaries  not to, without the written consent
of the  holders of 66 2/3% of the shares of the  Series A  Preferred  Stock then
outstanding,  (a) amend, alter or change the preferences or rights of any series
or class of capital  stock of the  Company  (including  the  Series A  Preferred
Stock)  or the  qualifications,  limitations  or  restrictions  thereof  if such
amendment,  alteration or change  adversely  affects the powers,  preferences or
rights  given  to the  Series  A  Preferred  Stock,  (b)  alter  or  amend  this
Certificate of  Designation,  (c) authorize or create any class or series of any
class of capital stock ranking as to  distribution  of assets upon a Liquidation
(as defined in Section 4) or otherwise  senior to the Series A Preferred  Stock,
(d)  amend  its  Articles  of  Incorporation,  bylaws  or  other  organizational
documents so as to affect adversely any rights of any Holders,  (e) increase the
authorized  number of shares of Series A Preferred Stock, and (f) enter into any
agreement with respect to the foregoing.

         Section 4. Liquidation. Upon any liquidation, dissolution or winding-up
of the Company, whether voluntary or involuntary (a "Liquidation"),  the Holders
shall be  entitled  to receive out of the assets of the  Company,  whether  such
assets are  capital or surplus,  for each share of Series A  Preferred  Stock an
amount equal to the Aggregate  Stated Value (as defined in Section 8) before any
distribution  or payment shall be made to the holders of any Junior  Securities,
and if the  assets  of the  Company  shall be  insufficient  to pay in full such
amounts,  then the entire  assets to be  distributed  to the holders of Series A
Preferred  Stock  shall be  distributed  among the holders of Series A Preferred
Stock and the  holders  of all  securities  ranking  pari  passu to the Series A
Preferred Stock ratably in accordance with the respective  amounts that would be
payable on such shares if all amounts payable thereon were paid in full. A sale,
conveyance  or  disposition  of all or  substantially  all of the  assets of the
Company or the effectuation by the Company of a transaction or series of related
transactions  in which  more  than 50% of the  voting  power of the  Company  is
disposed of, or a consolidation  or merger of the Company with or into any other
company or companies shall not be treated as a Liquidation, but instead shall be
subject to the  provisions of Section  6(c)(ix).  The Company shall mail written
notice of any such Liquidation,  not less than 45 days prior to the payment date
stated therein, to each record holder of Series A Preferred Stock.

         Section 5. Dividends.  The holders of Series A Preferred Stock shall be
entitled to receive in  preference  to the holders of Common Stock or any Junior
Securities,  annual  dividends  at  the  rate  of  4.0%  per  annum,  compounded
semi-annually,  for each share of Series A Preferred Stock. Such dividends shall
be due and payable  upon  conversion  or  redemption  of such shares of Series A
Preferred Stock. Dividends shall accrue from the Original Issue Date (as defined
herein),  whether  or not earned or  declared,  until such time as the shares of
Series A Preferred  Stock have been  converted  or redeemed as herein  provided.
Dividends  are payable on the Series A  Preferred  Stock on the last day of June
and December of each year (each, a "Dividend  Date") by increasing the Aggregate
Stated Value by the amount of such  dividends.  Such  increase in the

                                      -2-

<PAGE>

Aggregate Stated Value shall constitute full payment of such dividends. When any
dividends are added to the Aggregate Stated Value, such dividends shall, for all
purposes  of  this  Certificate  of  Designation,  be  deemed  to be part of the
Aggregate Stated Value for purposes of determining  dividends thereafter payable
hereunder and amounts  thereafter  convertible into Common Stock hereunder,  and
all  references  herein to the  Aggregate  Stated Value shall mean the Aggregate
Stated Value,  as adjusted  pursuant to this Section 5. The dividends so payable
will be paid to the Holders of shares of Series A  Preferred  Stock of record as
they appear on the stock books of the Company on the record date,  which will be
the June 15 or  December  15, as the case may be,  before the  related  Dividend
Date; provided, however, that the Company's obligation to a transferee of shares
of  Series  A  Preferred  Stock  arises  only if such  transfer,  sale or  other
disposition is made in accordance  with the terms and conditions  hereof and the
Securities Purchase Agreement (as defined below). Notwithstanding the foregoing,
the  Company  shall  not be  entitled  to pay  dividends  in  shares of Series A
Preferred Stock and shall be required to pay such dividends in cash if any event
constituting a Triggering Event (as defined in Section 7), or an event that with
the passage of time and without being cured would constitute a Triggering Event,
has occurred  and is  continuing  on the Dividend  Date or the date which is ten
(10) Business Days prior to the Dividend Date, unless otherwise  consented to in
writing by the Holder entitled to receive such dividend.

         Section 6.  Conversion at the Option of the Holder.  (a) (i) Each share
of Series A Preferred  Stock shall be  convertible  into shares of Common  Stock
(subject to Section  6(a)(ii)) at the Conversion Ratio (as defined below) at the
option of the  holder of such share of Series A  Preferred  Stock in whole or in
part at any time. If any shares of Series A Preferred  Stock remain  outstanding
on the Maturity Date,  then all such shares shall be converted at the Conversion
Ratio as of such date in  accordance  with this Section 6. To convert  shares of
Series A Preferred  Stock into shares of Common Stock on any date, the holder of
such shares of Series A  Preferred  Stock shall (A)  transmit by  facsimile  (or
otherwise deliver), for receipt on or prior to 11:59 p.m., Eastern time, on such
date, a copy of an executed  notice of conversion in the form attached hereto as
Exhibit 1 (the  "Conversion  Notice") to the Company  with a copy thereof to the
Company's  designated  transfer agent (the "Transfer Agent") and (B) if required
by Section 6(b)(iv),  surrender to a common carrier for delivery to the Transfer
Agent as soon as  practicable  following  such  date the  original  certificates
representing  the shares of Series A  Preferred  Stock  being  converted  (or an
indemnification  undertaking  with  respect to such  shares in the case of their
loss,  theft  or  destruction)  (the  "Preferred  Stock   Certificates").   Each
Conversion  Notice  shall  specify the  Aggregate  Stated Value of the shares of
Series A Preferred  Stock to be converted.  The date as of which such conversion
is to be effected shall be the date the Holder delivers such  Conversion  Notice
by facsimile (the  "Conversion  Date") (if such date is not a Business Day, then
the Conversion Date will be the next following Business Day). Subject to Section
6(b) hereof,  each Conversion  Notice,  once given,  shall be irrevocable.  Upon
receipt by the Company of a copy of a Conversion  Notice,  the Company shall (1)
as soon as practicable,  but in no event later than within one (1) Business Day,
send, via facsimile, a confirmation of receipt of such Conversion Notice to such
Holder  and  the  Transfer  Agent,   which   confirmation  shall  constitute  an
instruction  to  the  Transfer  Agent  to  process  such  Conversion  Notice  in
accordance  with the terms herein and (2) on or before the second (2nd)  Trading
Day following the date of receipt by the Company of such Conversion  Notice (the
"Delivery  Date"),  (A) issue and  deliver to the  address

                                      -3-

<PAGE>

as specified in the Conversion Notice, a certificate,  registered in the name of
the Holder or its  designee,  for the number of shares of Common  Stock to which
the  Holder  shall  be  entitled,   or  (B)  provided  the  Transfer   Agent  is
participating in The Depository Trust Company ("DTC") Fast Automated  Securities
Transfer Program,  upon the request of the Holder,  credit such aggregate number
of shares of Common  Stock to which the Holder shall be entitled to the Holder's
or its designee's  balance account with DTC through its Deposit Withdrawal Agent
Commission system. If the Aggregate Stated Value of shares of Series A Preferred
Stock   represented  by  the  Preferred  Stock   Certificate(s)   submitted  for
conversion, as may be required pursuant to Section 6(b)(iv), is greater than the
Aggregate  Stated Value of shares of Series A Preferred  Stock being  converted,
then the Company shall,  as soon as  practicable  and in no event later than the
Delivery  Date and at its own  expense,  issue and  deliver  to the Holder a new
Preferred Stock Certificate  representing the Aggregate Stated Value of Series A
Preferred Stock not converted.

                  (ii) In no event  shall a Holder be  permitted  to  convert in
         excess of such Aggregate  Stated Value of Series A Preferred Stock upon
         the conversion of which, (x) the number of shares of Common Stock owned
         by such  Holder  (other  than  shares of  Common  Stock  issuable  upon
         conversion of Series A Preferred Stock or upon exercise of the Warrants
         (as defined in the Securities Purchase  Agreement)) plus (y) the number
         of shares of Common Stock issuable upon such  conversion of such shares
         of Series A  Preferred  Stock and the number of shares of Common  Stock
         issuable upon  conversion of Debentures (as defined below) held by such
         Holder,  would be equal to or exceed (z) 9.999% of the number of shares
         of Common Stock then issued and outstanding,  including shares issuable
         on  conversion  of the shares of Series A Preferred  Stock held by such
         Holder  after  application  of this Section  6(a)(ii).  As used herein,
         beneficial  ownership  shall be determined  in accordance  with Section
         13(d) of the Securities Exchange Act of 1934, as amended, and the rules
         and regulations thereunder. To the extent that the limitation contained
         in this Section 6(a)(ii)  applies,  the determination of whether shares
         of Series A  Preferred  Stock are  convertible  (in  relation  to other
         securities owned by a Holder) and of which shares of Series A Preferred
         Stock are  convertible  shall be in the sole discretion of such Holder,
         and the submission of shares of Series A Preferred Stock for conversion
         shall be deemed  to be such  Holder's  determination  of  whether  such
         shares of Series A  Preferred  Stock are  convertible  (in  relation to
         other  securities  owned by a Holder)  and of which  shares of Series A
         Preferred Stock are convertible, in each case subject to such aggregate
         percentage  limitation,  and the Company  shall have no  obligation  to
         verify or confirm the accuracy of such determination. Nothing contained
         herein  shall be deemed to  restrict  the right of a Holder to  convert
         such shares of Series A Preferred Stock at such time as such conversion
         will not violate the  provisions of this  paragraph.  The provisions of
         this  Section  6(a)(ii)  may be waived  by a Holder  as to itself  (and
         solely as to  itself)  upon not less than 75 days  prior  notice to the
         Company,  and the provisions of this Section 6(a)(ii) shall continue to
         apply  until  such  75th day (or  later,  if  stated  in the  notice of
         waiver).  No conversion in violation of this paragraph but otherwise in
         accordance with this Certificate of Designation shall affect the status
         of the  securities  issued  upon such  conversion  as  validly  issued,
         fully-paid and nonassessable.

                                      -4-

<PAGE>

         (b) (i) Not later than any Delivery  Date,  the Company will deliver to
         the  applicable   Holder  by  express  courier  (A)  a  certificate  or
         certificates  which  shall be free of  restrictive  legends and trading
         restrictions  (other  than  those  required  by  Section  3.1(b) of the
         Securities  Purchase  Agreement)  representing  the number of shares of
         Common Stock being  acquired upon the  conversion of shares of Series A
         Preferred Stock (subject to reduction pursuant to Section 6(a)(ii)) and
         (B)  to  the  extent  required  pursuant  to  Section  6(b)(iv),  a new
         Preferred Stock  Certificate  representing  the  unconverted  Aggregate
         Stated  Value.  If in  the  case  of any  Conversion  Notice  such  new
         Preferred Stock  Certificate(s)  are not delivered to or as directed by
         the  applicable  Holder  by the  fifth  (5th)  Trading  Day  after  the
         applicable  Conversion  Date,  the Holder  shall be entitled by written
         notice to the  Company  at any time on or before  its  receipt  of such
         Preferred Stock Certificate(s)  thereafter, to rescind such conversion,
         whereupon  the Company  and the Holder  shall each be restored to their
         respective  positions  immediately prior to the delivery of such notice
         of revocation,  except that any amounts  described in Sections 6(b)(ii)
         and (iii) shall be payable  through the date  notice of  rescission  is
         given to the Company.

                  (ii) The Company  understands  that a delay in the delivery of
         the  shares  of  Common  Stock  upon  conversion  of shares of Series A
         Preferred   Stock  and  failure  to  deliver  a  new  Preferred   Stock
         Certificate  representing the unconverted Aggregate Stated Value beyond
         the Delivery Date could result in economic  loss to the Holder.  If the
         Company fails to deliver to the Holder such certificate or certificates
         pursuant to this Section hereunder by the Delivery Date for any reason,
         other than due to the action of the Holder,  the  Company  shall pay to
         such  Holder,  in cash,  an amount per Trading Day for each Trading Day
         the earlier of the date such certificates are delivered or the date the
         conversion is rescinded  pursuant to Section  6(b)(i)  above,  together
         with interest on such amount at a rate of 15% per annum, accruing until
         such amount and any accrued  interest thereon is paid in full, equal to
         (i) 1% of the  Aggregate  Stated  Value  of such  shares  of  Series  A
         Preferred  Stock,  plus the accumulated and unpaid  dividends  thereon,
         requested  to be  converted  for the first five  Trading Days after the
         Delivery Date and (ii) 2% of the Aggregate  Stated Value of such shares
         of Series A Preferred Stock,  plus the accumulated and unpaid dividends
         thereon,  requested  to be converted  for each  Trading Day  thereafter
         (which  amounts  shall  be  paid  as  liquidated  damages  and not as a
         penalty).   If  the  Company  fails  to  deliver  to  the  Holder  such
         certificate or certificates  pursuant to this Section prior to the 15th
         Trading  Day after the  Conversion  Date,  the  Company  shall,  at the
         Holder's option,  redeem in cash, from funds legally available therefor
         at the  time of such  redemption,  all or a  portion  of the  Aggregate
         Stated  Value of the  shares of Series A  Preferred  Stock then held by
         such Holder,  plus the accumulated  and unpaid  dividends  thereon,  as
         requested by such Holder,  in cash. The redemption price shall be equal
         to the  Aggregate  Stated  Value of such  shares of Series A  Preferred
         Stock requested to be redeemed,  plus  accumulated and unpaid dividends
         thereon,  multiplied  by the greater of (A) 125% or (B) the  applicable
         Conversion  Ratio as of the date of such  redemption  multiplied by the
         greatest  Per Share  Market  Value on any Trading Day during the period
         beginning on the  Conversion  Date and ending on the date of payment in
         full by the  Company  of  such  redemption  price.  If the  Holder  has
         requested  that the Company  redeem shares of Series A Preferred  Stock
         pursuant to this  Section  and the Company  fails

                                      -5-

<PAGE>

         for any reason to pay the redemption  price, as calculated  pursuant to
         the immediately preceding sentence, within seven days after such notice
         is deemed delivered  pursuant to Section 6(a)(i),  the Company will pay
         interest on the redemption price at a rate of 15% per annum, in cash to
         such Holder,  accruing from such seventh day until the redemption price
         and any  accumulated  dividends  thereon is paid in full (which  amount
         shall be paid as  liquidated  damages  and not as a  penalty).  Nothing
         herein shall limit a Holder's  right to pursue  actual  damages for the
         Company's failure to deliver certificates representing shares of Common
         Stock upon conversion  within the period specified  herein  (including,
         without  limitation,  damages  relating  to any  purchase  of shares of
         Common  Stock by such  Holder to make  delivery  on a sale  effected in
         anticipation of receiving  certificates  representing  shares of Common
         Stock upon conversion, such damages to be in an amount equal to (A) the
         aggregate  amount paid by such Holder for the shares of Common Stock so
         purchased  minus  (B) the  aggregate  amount of net  proceeds,  if any,
         received  by such  Holder  from the sale of the shares of Common  Stock
         which  would  have  been  issued  by  the  Company   pursuant  to  such
         conversion),  and such  Holder  shall  have the  right  to  pursue  all
         remedies  available  to it at  law  or in  equity  (including,  without
         limitation, a decree of specific performance and/or injunctive relief).

                  (iii) In addition to any other rights available to the Holder,
         if the  Company  fails to  deliver to the Holder  such  certificate  or
         certificates  pursuant to Section  6(b)(i) by the Delivery  Date and if
         after  the  Delivery  Date  the  Holder  purchases  (in an open  market
         transaction  or  otherwise)  shares  of  Common  Stock  to  deliver  in
         satisfaction  of a sale by such Holder of the  Underlying  Shares which
         the Holder  anticipated  receiving  upon such  conversion (a "Buy-In"),
         then  the  Company  shall  immediately  pay in cash to the  Holder  (in
         addition  to any  remedies  available  to or elected by the Holder) the
         amount  by which  (A) the  Holder's  total  purchase  price  (including
         brokerage  commissions,  if any)  for the  shares  of  Common  Stock so
         purchased  exceeds  (B) the  Aggregate  Stated  Value of the  shares of
         Series A  Preferred  Stock for which  such  conversion  was not  timely
         honored,  together  with  interest  thereon at a rate of 15% per annum,
         accruing until such amount and any accrued  interest thereon is paid in
         full (which  amount  shall be paid as  liquidated  damages and not as a
         penalty).  For example,  if the Holder purchases shares of Common Stock
         having a total purchase price of $11,000 to cover a Buy-In with respect
         to an attempted  conversion of $10,000 Aggregate Stated Value of shares
         of Series A Preferred  Stock,  the Company shall be required to pay the
         Holder  $1,000,  plus  interest.  The Holder shall  provide the Company
         written notice  indicating the amounts payable to the Holder in respect
         of the Buy-In.

                  (iv)  Notwithstanding  anything  to  the  contrary  set  forth
         herein,  upon  conversion  of  shares of  Series A  Preferred  Stock in
         accordance  with the terms  hereof,  the  Holder  thereof  shall not be
         required to  physically  surrender  the  certificate  representing  the
         shares of Series A  Preferred  Stock to the  Company  unless the entire
         Aggregate   Stated  Value  of  shares  of  Series  A  Preferred   Stock
         represented by the certificate are being converted.  The Holder and the
         Company shall maintain  records  showing the Aggregate  Stated Value of
         shares of Series A Preferred  Stock so converted  and the dates of such
         conversions or shall use such other method,  reasonably satisfactory to
         the Holder and the Company, so as not

                                      -6-

<PAGE>

         to require  physical  surrender  of the  certificate  representing  the
         shares of Series A Preferred  Stock upon each such  conversion.  In the
         event of any dispute or discrepancy,  such records of the Company shall
         be  controlling  and  determinative  in the absence of manifest  error.
         Notwithstanding  the foregoing,  if shares of Series A Preferred  Stock
         represented by a certificate are converted as aforesaid, the Holder may
         not  transfer  the  certificate  representing  the  shares  of Series A
         Preferred  Stock  unless the Holder  first  physically  surrenders  the
         certificate  representing the shares of Series A Preferred Stock to the
         Company,  whereupon the Company will  forthwith  issue and deliver upon
         the order of the Holder a new certificate of like tenor,  registered as
         the Holder may request,  representing  in the  aggregate  the remaining
         Aggregate   Stated  Value  of  shares  of  Series  A  Preferred   Stock
         represented by such certificate.

         (c) (i) The conversion price for the shares of Series A Preferred Stock
         (the "Conversion  Price") in effect on any Conversion Date shall be the
         lesser of (A) an amount  equal to 110% of the average Per Share  Market
         Value for the five (5) consecutive  Trading Days immediately  preceding
         the  Original  Issue Date (the  "Fixed  Conversion  Price")  and (B) an
         amount  equal to 85% of the average Per Share Market Value for the five
         (5) consecutive  Trading Days immediately prior to the Conversion Date;
         provided, however, that, in any Conversion Notice, a Holder may specify
         a  Conversion  Price higher than the  Conversion  Price then in effect;
         provided further that, if during any period (a "Black-out  Period"),  a
         Holder is unable to trade any  Common  Stock  issued or  issuable  upon
         conversion of shares of Series A Preferred Stock immediately due to the
         postponement  of filing or delay or  suspension of  effectiveness  of a
         registration  statement or because the Company has  otherwise  informed
         such Holder that an existing  prospectus cannot be used at that time in
         the sale or transfer of such Common  Stock,  such Holder shall have the
         option but not the obligation on any Conversion Date within ten Trading
         Days  following the  expiration  of the  Black-out  Period of using the
         Conversion  Price  applicable on such Conversion Date or any Conversion
         Price selected by such Holder that would have been  applicable had such
         Conversion Date been at any earlier time during the Black-out Period or
         within the ten Trading Days thereafter;  provided  further,  that in no
         event  shall the  Conversion  Price be below the  Floor  Price.  "Floor
         Price" shall mean $2.00 for the period  beginning on the Original Issue
         Date and  ending on the six month  anniversary  of the  Original  Issue
         Date,  $1.27 for the period  beginning on the six month  anniversary of
         the Original Issue Date and ending on the eighteen month anniversary of
         the  Original  Issue Date,  and zero  thereafter.  Notwithstanding  the
         foregoing,  if the  Company's  revenues  for  the  fiscal  year  ending
         December 31, 2000, as shown in the Company's Annual Report on Form 10-K
         for the fiscal  year  ending  December  31,  2000,  are less than $13.5
         million,  then from and after the  first  anniversary  of the  Original
         Issue Date the Floor Price shall be zero.

                  (ii) If the Company,  at any time while any shares of Series A
         Preferred  Stock are  outstanding,  (a) shall pay a stock  dividend  or
         otherwise make a distribution or  distributions on shares of its Common
         Stock or any other equity  security  payable in shares of Common Stock,
         (b) subdivide  outstanding  shares of Common Stock into a larger number
         of shares, (c) combine outstanding shares of Common Stock into a

                                      -7-

<PAGE>

          smaller number of shares, or (d) issue by  reclassification  of shares
          of Common Stock any shares of capital stock of the Company,  the Fixed
          Conversion  Price  shall be  multiplied  by a  fraction  of which  the
          numerator  shall be the  number of shares of Common  Stock  (excluding
          treasury shares,  if any)  outstanding  before such event and of which
          the  denominator  shall  be the  number  of  shares  of  Common  Stock
          outstanding  after such event.  Any  adjustment  made pursuant to this
          Section 6(c)(ii) shall become effective  immediately  after the record
          date for the  determination  of stockholders  entitled to receive such
          dividend or distribution and shall become effective  immediately after
          the  effective  date in the  case  of a  subdivision,  combination  or
          re-classification.

                  (iii) If the  Company,  at any time  while  shares of Series A
         Preferred Stock are outstanding,  shall sell or issue additional shares
         of Common Stock or rights or warrants to acquire shares of Common Stock
         at a price per share less than the Fixed  Conversion  Price,  excluding
         any  rights of the  holder of the  Debentures,  the holder of shares of
         Series A Preferred Stock or the holders of the Warrants issued pursuant
         to the Securities Purchase Agreement to acquire Common Stock, the Fixed
         Conversion  Price  shall be  multiplied  by a  fraction,  of which  the
         denominator  shall be the number of shares of Common  Stock  (excluding
         treasury  shares,  if any)  outstanding on the date of issuance of such
         shares,  rights or  warrants  plus the number of  additional  shares of
         Common Stock  offered for  subscription  or purchase,  and of which the
         numerator  shall be the  number of shares  of Common  Stock  (excluding
         treasury  shares,  if any)  outstanding on the date of issuance of such
         shares,  rights  or  warrants  plus the  number  of  shares  which  the
         aggregate offering price of the total number of shares so offered would
         purchase at such Fixed Conversion  Price. Such adjustment shall be made
         whenever such shares,  rights or warrants are issued,  and shall become
         effective  immediately  after the  issuance of such  shares,  rights or
         warrants or, if such rights or warrants are issued to  stockholders  of
         the  Company,  the record date for the  determination  of  stockholders
         entitled  to  receive  such  rights  or  warrants.  However,  upon  the
         expiration  of any  right or  warrant  to  purchase  Common  Stock  the
         issuance of which  resulted in an  adjustment  in the Fixed  Conversion
         Price pursuant to this Section 6(c)(iii),  if any such right or warrant
         shall expire and shall not have been  exercised,  the Fixed  Conversion
         Price  shall  immediately  upon  such  expiration  be  re-computed  and
         effective  immediately  upon such  expiration be increased to the price
         which it would have been (but  reflecting any other  adjustments in the
         Fixed  Conversion Price made pursuant to the provisions of this Section
         6 after the issuance of such rights or warrants) had the  adjustment of
         the Fixed  Conversion  Price made upon the  issuance  of such rights or
         warrants  been  made on the  basis  of  offering  for  subscription  or
         purchase only that number of shares of Common Stock actually  purchased
         upon the exercise of such rights or warrants actually exercised.

                  (iv) If the  Company,  at any time  while  shares  of Series A
         Preferred  Stock are  outstanding,  shall  distribute to all holders of
         Common Stock (and not to holders of shares of Series A Preferred Stock)
         evidences  of its  indebtedness  or assets or  rights  or  warrants  to
         subscribe for or purchase any security  (excluding those referred to in
         Sections  6(c)(ii) and (iii)  above),  then in each such case the Fixed
         Conversion  Price  shall be  multiplied  by a  fraction  of  which  the
         denominator shall be the Per Share Market

                                      -8-

<PAGE>

         Value  determined  as of the  record  date fixed for  determination  of
         stockholders  entitled to receive such  distribution,  and of which the
         numerator shall be such Per Share Market Value on such record date less
         the then fair  market  value at such record date of the portion of such
         assets or evidence of  indebtedness  so  distributed  applicable to one
         outstanding  share  of  Common  Stock  as  determined  by the  Board of
         Directors  in good  faith;  provided,  however,  that in the event of a
         distribution  exceeding  ten percent of the net assets of the  Company,
         such fair market value shall be determined by an Independent  Appraiser
         (as defined below)  selected in good faith by the holders of a majority
         in  interest  of the  Aggregate  Stated  Value of  shares  of  Series A
         Preferred Stock plus the Aggregate  Principal Amount (as defined in the
         Debenture) of Debentures then outstanding;  and provided, further, that
         the Company,  after receipt of the  determination  by such  Independent
         Appraiser,  shall  have the right to select an  additional  Independent
         Appraiser,  in good faith, in which case the fair market value shall be
         equal to the  average of the  determinations  by each such  Independent
         Appraiser.  In either  case the  adjustments  shall be  described  in a
         statement provided to the Holders of the portion of assets or evidences
         of indebtedness so distributed or such  subscription  rights applicable
         to one share of Common Stock.  Such  adjustment  shall be made whenever
         any such  distribution is made and shall become  effective  immediately
         after the record date mentioned above.

                  (v) If the Company at any time subdivides (by any stock split,
         stock dividend,  recapitalization  or otherwise) one or more classes of
         its outstanding shares of Common Stock into a greater number of shares,
         the  Fixed  Conversion  Price  in  effect  immediately  prior  to  such
         subdivision will be proportionately reduced. If the Company at any time
         combines (by combination, reverse stock split or otherwise) one or more
         classes of its outstanding shares of Common Stock into a smaller number
         of shares,  the Fixed Conversion Price in effect  immediately  prior to
         such combination will be proportionately increased.

                  (vi) If the Company in any manner issues or sells  Convertible
         Securities or Options that are  convertible  into or  exchangeable  for
         Common  Stock at a price which varies or may vary with the market price
         of the Common  Stock,  including  by way of one or more  reset(s)  to a
         fixed price (each of the  formulations  for such  variable  price being
         herein referred to as, a "Variable Price"),  and such Variable Price is
         not calculated  using the same formula used to calculate the Conversion
         Price in effect  immediately  prior to the time of such  issue or sale,
         the Company  shall  provide  written  notice  thereof via facsimile and
         overnight  courier to each holder of shares of Series A Preferred Stock
         ("Variable  Notice")  on the  date  of  issuance  of  such  Convertible
         Securities  or  Options.  If a holder of  shares of Series A  Preferred
         Stock then  outstanding  provides  written  notice to the  Company  via
         facsimile and overnight  courier (the "Variable Price Election Notice")
         within 10 Business Days of receiving a Variable Notice that such holder
         desires  to  replace  the  Conversion  Price  then in  effect  with the
         Variable Price described in such Variable Notice,  then, from and after
         the  date of the  Company's  receipt  of the  Variable  Price  Election
         Notice,  the Conversion  Price will  automatically be replaced with the
         Variable Price for the shares of Series A Preferred  Stock held by such
         holder. In the

                                      -9-

<PAGE>

         event that a holder of shares of Series A  Preferred  Stock  delivers a
         Conversion   Notice  after  the  Company's   issuance  of   Convertible
         Securities  with a Variable  Price but before such holder's  receipt of
         the Company's  Variable Notice,  then such holder shall have the option
         by written notice to the Company to rescind such  Conversion  Notice or
         to have the  Conversion  Price be equal to such Variable  Price for the
         conversion  effected by such  Conversion  Notice.  As used herein,  (A)
         "Convertible  Securities"  means any stock or  securities  (other  than
         Options)  directly or indirectly  convertible  into or exchangeable for
         Common Stock and (B) "Options" means any rights, warrants or options to
         subscribe for or purchase Common Stock or Convertible Securities.

                  (vii) All  calculations  under this Section 6 shall be made to
         the nearest cent or the nearest 1/100th of a share, as the case may be.

                  (viii) Whenever the Conversion  Price is adjusted  pursuant to
         Section 6(c)(ii), (iii) (iv), (v) or (vi) (for purposes of this Section
         6(c)(viii),  each an  "adjustment"),  the Company shall cause its Chief
         Financial  Officer to prepare and execute a certificate  setting forth,
         in reasonable detail, the event requiring the adjustment, the amount of
         the  adjustment,  the method by which such  adjustment  was  calculated
         (including  a  description  of the basis on which  the  Board  made any
         determination hereunder),  and the Conversion Price after giving effect
         to such  adjustment,  and shall cause copies of such  certificate to be
         delivered to each Holder  promptly after each  adjustment.  Any dispute
         between the Company  and the  Holders  with  respect to the matters set
         forth in such certificate may at the option of the Holders be submitted
         to one of the national  accounting  firms  currently  known as the "big
         five"  selected  by  the  holders  of a  majority  in  interest  of the
         Aggregate  Stated Value of shares of Series A Preferred  Stock plus the
         Aggregate  Principal  Amount of Debentures then  outstanding,  provided
         that the Company  shall have ten days after receipt of notice from such
         Holders of their  selection  of such firm to object  thereto,  in which
         case the  holders of a majority in  interest  of the  Aggregate  Stated
         Value  of  shares  of  Series A  Preferred  Stock  plus  the  Aggregate
         Principal  Amount of Debentures then  outstanding  shall select another
         such firm and the Company  shall have no such right of  objection.  The
         firm selected by the holders of a majority in interest of the Aggregate
         Stated Value of shares of Series A Preferred  Stock plus the  Aggregate
         Principal  Amount of  Debentures  then  outstanding  as provided in the
         preceding  sentence shall be instructed to deliver a written opinion as
         to such matters to the Company and the Holders within thirty days after
         submission  to it of such  dispute.  Such  opinion  shall be final  and
         binding on the parties hereto. The fees and expenses of such accounting
         firm shall be paid by the Company.

                  (ix) In case the Company  after the Original  Issue Date shall
         do any of the following (each, a "Major  Transaction")  (a) consolidate
         with or merge into any other  person and the  Company  shall not be the
         continuing or surviving person of such  consolidation or merger, or (b)
         permit any other person to  consolidate  with or merge into the Company
         and the Company  shall be the  continuing  or surviving  person but, in
         connection with such  consolidation or merger, any capital stock of the
         Company shall be changed into or exchanged for  securities of any other
         person or cash or any other

                                      -10-

<PAGE>

         property, or (c) transfer all or substantially all of its properties or
         assets to any other person,  or (d) effect a capital  reorganization or
         reclassification  of its  capital  stock,  the holders of the shares of
         Series  A  Preferred  Stock  then  outstanding  shall  have  the  right
         thereafter  to convert  such  shares  only into the shares of stock and
         other  securities,  cash and property  receivable  upon or deemed to be
         held by holders of Common Stock following such Major  Transaction,  and
         the holders of the shares of Series A Preferred Stock shall be entitled
         upon such event to receive such amount of securities,  cash or property
         as the shares of the Common Stock of the Company into which such shares
         of Series A Preferred Stock could have been converted immediately prior
         to such Major Transaction would have been entitled;  provided, however,
         that each  Holder  shall  have the  option to  require  the  Company to
         redeem,  from  funds  legally  available  therefor  at the time of such
         redemption,  such  Aggregate  Stated  Value of its  shares  of Series A
         Preferred  Stock at a price  equal  to the  Aggregate  Stated  Value of
         shares of Series A Preferred Stock to be redeemed, plus accumulated and
         unpaid dividends thereon,  multiplied by the greater of (A) 125% or (B)
         the  applicable  Conversion  Ratio  as of the  date of such  redemption
         multiplied  by the  greatest  Per Share Market Value on any Trading Day
         during the period  beginning  on the date of the closing or the date of
         the  announcement,  as  the  case  may  be,  of the  Major  Transaction
         triggering such  redemption  right and ending on the date of payment in
         full by the Company of such  redemption  price.  The entire  redemption
         price  shall be paid in cash.  If the  Holder  has  requested  that the
         Company  redeem  shares of Series A  Preferred  Stock  pursuant to this
         Section  and the  Company  fails for any  reason to pay the  redemption
         price, as calculated  pursuant to the immediately  preceding  sentence,
         within five days after such notice is deemed delivered  pursuant to the
         preceding  sentence,  the Company will pay  interest on the  redemption
         price at a rate of 15% per annum, in cash to such Holder, accruing from
         such seventh day until the  redemption  price and any accrued  interest
         thereon  is paid in full  (which  amount  shall  be paid as  liquidated
         damages and not as a penalty).  The terms of any such Major Transaction
         shall  include  such terms so as to  continue  to give to the holder of
         shares of Series A Preferred Stock the right to receive the securities,
         cash or property set forth in this Section 6(c)(ix) upon any conversion
         or redemption  following such Major  Transaction.  This provision shall
         similarly apply to successive Major Transactions.

                  (x) If:

                           A.       the Company shall declare a dividend (or any
                                    other distribution) on its Common Stock; or

                           B.       the   Company   shall   declare   a  special
                                    nonrecurring   cash   dividend   on   or   a
                                    redemption of its Common Stock; or

                           C.       the Company shall  authorize the granting to
                                    all  holders of the Common  Stock  rights or
                                    warrants to  subscribe  for or purchase  any
                                    shares of  capital  stock of any class or of
                                    any rights; or

                                      -11-

<PAGE>

                           D.       the  approval  of  any  stockholders  of the
                                    Company shall be required in connection with
                                    any Major Transaction; or

                           E.       the Company shall authorize the voluntary or
                                    involuntary   dissolution,   liquidation  or
                                    winding up of the affairs of the Company;

then the Company shall cause to be filed at each office or agency maintained for
the purpose of conversion of shares of Series A Preferred Stock, and shall cause
to be mailed to the holders of shares of Series A Preferred  Stock at their last
addresses as they shall appear upon the stock books of the Company,  at least 30
calendar  days prior to the  applicable  record or  effective  date  hereinafter
specified,  a notice  stating  (x) the date on which a record is to be taken for
the purpose of such dividend,  distribution,  redemption, rights or warrants, or
if a record is not to be taken, the date as of which the holders of Common Stock
of record to be entitled to such dividend, distributions,  redemption, rights or
warrants are to be  determined  or (y) the date on which such  reclassification,
consolidation,  merger,  sale,  transfer or share exchange is expected to become
effective  or close,  and the date as of which it is  expected  that  holders of
Common  Stock of record  shall be entitled to  exchange  their  shares of Common
Stock  for   securities,   cash  or  other   property   deliverable   upon  such
reclassification,  consolidation,  merger,  sale,  transfer  or share  exchange;
provided, however, that the failure to mail such notice or any defect therein or
in the mailing  thereof  shall not affect the validity of the  corporate  action
required to be specified in such notice.  Holders are entitled to convert shares
of Series A Preferred Stock during the 30-day period commencing the date of such
notice to the effective date of the event triggering such notice.

         (d) If at any time conditions  shall arise by reason of action taken by
the Company  which in the opinion of the Board of Directors  are not  adequately
covered by the other provisions  hereof and which might materially and adversely
affect  the  rights  of the  holders  of  shares  of  Series A  Preferred  Stock
(different than or distinguished  from the effect generally on rights of holders
of any  class  of the  Company's  capital  stock)  or if at any  time  any  such
conditions  are  expected to arise by reason of any action  contemplated  by the
Company,  the Company shall mail a written notice briefly  describing the action
contemplated  and the material  adverse  effects of such action on the rights of
the  holders of shares of Series A  Preferred  Stock at least 10  calendar  days
prior  to the  effective  date  of such  action,  and an  Independent  Appraiser
selected  by the  holders  of  majority  in  interest  of the shares of Series A
Preferred  Stock  plus  the  Aggregate   Principal  Amount  of  Debentures  then
outstanding  shall  give  its  opinion  as  to  the  adjustment,   if  any  (not
inconsistent  with  the  standards  established  in  this  Section  6),  of  the
Conversion Price (including,  if necessary,  any adjustment as to the securities
into which shares of Series A Preferred Stock may thereafter be convertible) and
any distribution  which is or would be required to preserve without diluting the
rights  of the  holders  of shares of  Series A  Preferred  Stock.  The Board of
Directors  shall make the adjustment  recommended  forthwith upon the receipt of
such opinion or opinions or the taking of any such action  contemplated,  as the
case may be; provided,  however, that no such adjustment of the Conversion Price
shall be made  which in the  opinion  of the  Independent  Appraiser  giving the
aforesaid  opinion would result in an increase of the  Conversion  Price to more
than the Conversion Price then in effect.

                                      -12-

<PAGE>

         (e) The Company  covenants  that it will at all times  reserve and keep
available out of its authorized and unissued Common Stock solely for the purpose
of issuance  upon  conversion  of shares of Series A  Preferred  Stock free from
preemptive  rights or any other  actual  contingent  purchase  rights of persons
other than the holders of shares of Series A Preferred Stock, not less than 200%
of such number of shares of Common  Stock as shall  (subject  to any  additional
requirements  of the Company as to  reservation  of such shares set forth in the
Securities  Purchase Agreement) be issuable (taking into account the adjustments
of  Section  6(c)) upon the  conversion  of all  outstanding  shares of Series A
Preferred  Stock (without  regard to any  limitations on conversions or exercise
thereof). The Company covenants that all shares of Common Stock that shall be so
issuable  shall,  upon issue, be duly and validly  authorized,  issued and fully
paid, nonassessable and freely tradable.

         (f) Upon a conversion  hereunder  the Company  shall not be required to
issue stock certificates  representing  fractions of shares of Common Stock, but
may if otherwise permitted, make a cash payment in respect of any final fraction
of a share  based on the Per Share  Market  Value at such time.  If the  Company
elects  not,  or is unable,  to make such a cash  payment,  the Holder  shall be
entitled to receive,  in lieu of the final fraction of a share,  one whole share
of Common Stock.

         (g) The  issuance  of  certificates  for  shares  of  Common  Stock  on
conversion of shares of Series A Preferred Stock shall be made without charge to
the  holders  thereof  for any  documentary  stamp or similar  taxes that may be
payable in respect of the issue or delivery of such certificate.

         (h) Shares of Series A Preferred  Stock  converted  into  Common  Stock
shall be canceled and retired by the Company.

         (i) Whenever  notice is required to be given under this  Certificate of
Designation,  unless otherwise  provided  herein,  such notice shall be given in
accordance with Section 5.3 of the Securities Purchase Agreement.

         (j) In the event a Holder shall elect to convert any shares of Series A
Preferred Stock as provided herein,  the Company cannot refuse  conversion based
on any claim that such  Holder or any one  associated  or  affiliated  with such
Holder has been engaged in any violation of law, contract,  agreement or for any
other reason, unless, an injunction from a court, on notice,  restraining and/or
adjoining  conversion of all or of said shares of Series A Preferred Stock shall
have been  issued and the  Company  posts a surety  bond for the benefit of such
Holder in the amount  equal to 130% of the  Aggregate  Stated Value of shares of
Series A Preferred  Stock  sought to be  converted,  which bond shall  remain in
effect until the  completion  of  arbitration/litigation  of the dispute and the
proceeds  of which  shall be  payable  to such  Holder in the  event it  obtains
judgment.

         Section 7. Triggering Events.

                                      -13-

<PAGE>

         Each  of  the  following  shall   constitute  a  triggering   event  (a
"Triggering  Event"),  whatever the reason for such Triggering Event and whether
it shall be  voluntary  or  involuntary  or be effected by  operation  of law or
pursuant to any judgment or order of any court or any order,  rule or regulation
of any  administrative,  governmental  or  non-governmental  body  or  otherwise
howsoever:

         (a) the Company  shall  default in any payment of any amounts due under
the  Transaction   Documents  when  and  as  due  (whether  at  maturity,   upon
acceleration or otherwise); or

         (b) the  Company  shall  fail  duly to  perform  or  observe  any term,
covenant or agreement  contained in any of this  Certificate of Designation,  in
the  Debentures,  in the Securities  Purchase  Agreement or in the  Registration
Rights  Agreement  for a period of seven  days  after the date on which  written
notice of such failure shall first have been given to the Company; or

         (c) (i) a final  judgment  shall be  entered by any court  against  the
Company for the payment of money which together with all other outstanding final
judgments  against the Company  exceeds  $150,000  in the  aggregate,  or (ii) a
warrant of attachment or execution or similar  process shall be issued or levied
against any of the Company's  property  which  exceeds in value  $150,000 in the
aggregate,  and if, within 30 days after the entry, issue or levy thereof,  such
judgment, warrant or process shall not have been paid or discharged; or

         (d) a court having jurisdiction in the premises shall enter a decree or
order for relief in respect of the Company in an involuntary  case or proceeding
under any applicable bankruptcy, insolvency, reorganization or other similar law
now or hereafter in effect,  or  appointing  a receiver,  liquidator,  assignee,
custodian, trustee, sequestrator (or similar official) of the Company or for any
substantial part of the property of it or ordering the winding-up or liquidation
of the  affairs of it and such  decree or order  shall  remain  unstayed  and in
effect for a period of 30 days; or

         (e) the Company shall commence a voluntary case or proceeding under any
applicable  bankruptcy,  insolvency,  reorganization or other similar law now or
hereafter in effect,  or shall consent to the entry of an order for relief in an
involuntary  case under any such law, or shall consent to the  appointment of or
taking  possession  by a receiver,  liquidator,  assignee,  trustee,  custodian,
sequestrator (or similar official) of the Company or for any substantial part of
its property, or shall make any general assignment for the benefit of creditors,
or shall admit in writing its  inability  to pay its debts as they become due or
shall take any corporate action in furtherance of any of the foregoing; or

         (f) an event of  default,  as defined in any  indenture  or  instrument
evidencing or under which the Company shall have  outstanding  indebtedness  for
borrowed  money in excess of $150,000,  inclusive of accrued  interest,  accrued
premium,  if  any,  or any  additional  amounts  payable,  shall  happen  and be
continuing  and such default  shall  involve the failure to pay the principal of
such  indebtedness  (or any  part  thereof),  when  due and  payable  after  the
expiration  of any  applicable  grace  period  with  respect  thereto,  or  such
indebtedness shall have been

                                      -14-

<PAGE>

accelerated  so that the same  shall be or become due and  payable  prior to the
date on which the same would otherwise have become due and payable,  and failure
to pay shall not have  been  cured by the  Company  within  30 days  after  such
failure or such  acceleration  shall not be rescinded or annulled within 30 days
after notice  thereof shall have first been given to the Company;  provided that
if such event of default under such indenture or instrument shall be remedied or
cured by the  Company or waived by the  holders of such  indebtedness,  then the
Triggering  Event  hereunder by reason thereof shall be deemed  likewise to have
been thereupon remedied, cured or waived without further action upon the part of
any of the holders of shares of Series A Preferred Stock; or

         (g) trading in the Common Stock shall have been suspended for more than
ten Trading Days or the Common Stock is delisted  from any  principal  market or
exchange  (including,  but not limited to, the OTC  Bulletin  Board,  The Nasdaq
SmallCap  Market and the Nasdaq  National  Market) on which the Common  Stock is
then listed for trading; or

         (h) the Company  fails to timely  deliver the shares of Common Stock to
the  Holder  or a  replacement  Preferred  Stock  Certificate  representing  any
unconverted  portion of Series A Preferred Stock pursuant to this Certificate of
Designation; or

         (i) the issuance by the Securities and Exchange  Commission of any stop
order suspending the effectiveness of the Registration Statement covering any or
all of the  Registrable  Securities  (as  defined  in  the  Registration  Rights
Agreement) or the initiation of any proceedings for that purpose.

With the exception of a Triggering  Event specified in clauses (d) or (e) above,
upon the  occurrence  and  continuance  of a  Triggering  Event,  the Holder may
declare the Aggregate Stated Value of and dividends accumulated on the shares of
Series A  Preferred  Stock and all other  amounts  owing  under the  Transaction
Documents to be forthwith due and payable by giving  written  notice  thereof to
the Company without  presentment,  demand,  protest or other notice of any kind,
all of which are hereby expressly waived,  anything in the Transaction Documents
to the  contrary  notwithstanding.  Upon the  occurrence  and  continuance  of a
Triggering  Event specified in clauses (d) or (e) above,  such Aggregate  Stated
Value,  accumulated  dividends,  interest and other amounts shall  thereupon and
concurrently  therewith  become  automatically  due and  payable all without any
action by the Holder and without presentment, demand, protest or other notice of
any  kind,  all of which  are  expressly  waived,  anything  in the  Transaction
Documents to the contrary notwithstanding.

         Interest  on overdue  amounts,  if any,  shall  accrue from the date on
which such interest (and other amounts, if any) were due and payable to the date
such  interest (and other  amounts,  if any) are paid or duly provided for, at a
rate of 15% per annum (to the extent  payment of such interest  shall be legally
enforceable).

         Section 8.  Definitions.  For the purposes hereof,  the following terms
shall have the following meanings:

                                      -15-

<PAGE>

         "Aggregate  Stated Value" means, with respect to the shares of Series A
Preferred Stock,  the sum of (a) the stated value thereof,  plus (b) accumulated
but unpaid dividends thereon (whether or not earned or declared).

         "Common  Stock" means the common stock,  $.001 par value per share,  of
the Company  and stock of any other  class into which such shares may  hereafter
have been reclassified or changed.

         "Conversion  Ratio" means the number of shares of Common Stock issuable
upon  conversion  of each share of Series A Preferred  Stock  determined  by the
application of the following formula where "D" equals the accumulated and unpaid
dividends on the Aggregate Stated Value of shares of Series A Preferred Stock so
converted as of the Conversion Date:

                   Aggregate Stated Value to be Converted + D
                   ------------------------------------------
                                Conversion Price

         "Debenture"  shall have the meaning  ascribed  to it in the  Securities
Purchase Agreement.

         "Independent Appraiser" means a nationally recognized or major regional
investment  banking firm or firm of independent  certified public accountants of
recognized standing (which may be the firm that regularly examines the financial
statements  of the  Company)  that  is  regularly  engaged  in the  business  of
appraising  the capital  stock or assets of  corporations  or other  entities as
going  concerns,  and which is not  affiliated  with  either the  Company or any
Holder.

         "Junior  Securities"  means  the  Common  Stock  and all  other  equity
securities of the Company which are junior in rights and liquidation  preference
to the Series A Preferred Stock.

         "Maturity Date" shall mean April __, 2005.

         "Original  Issue Date" shall mean the date of the first issuance of any
shares of Series A Preferred Stock  regardless of the number of transfers of any
particular  shares of Series A Preferred  Stock and  regardless of the number of
certificates  which may be issued to evidence  such shares of Series A Preferred
Stock.

         "Per Share Market Value" means on any  particular  date (a) the closing
bid price  per share of the  Common  Stock on such date on The  Nasdaq  SmallCap
Market,  the Nasdaq National Market or other registered  national stock exchange
on which the  Common  Stock is then  listed or if there is no such price on such
date,  then the closing bid price on such  exchange or  quotation  system on the
date nearest  preceding such date, or (b) if the Common Stock is not listed then
on The Nasdaq  Small-Cap  Market,  the Nasdaq  National Market or any registered
national  stock  exchange,  the closing bid price for a share of Common Stock in
the over-the-counter  market (as reported by NASDAQ or in the National Quotation
Bureau  Incorporated  or  similar  organization  or  agency  succeeding  to  its
functions of reporting  prices) at the close of business on such date, or (c) if
the  Common  Stock  is not  then  reported  by  the  National  Quotation  Bureau
Incorporated (or similar  organization or agency  succeeding to its functions of
reporting  prices),  then the  average

                                      -16-

<PAGE>

of the over-the-counter  quotes on the Electronic Bulletin Board of the National
Association of Securities  Dealers,  Inc. for the relevant conversion period, as
determined  in good faith by the Holder,  or (d) if the Common Stock is not then
publicly  traded,  then the fair  market  value  of a share of  Common  Stock as
determined by an Independent  Appraiser selected in good faith by the holders of
a  majority  in  interest  of the  shares of Series A  Preferred  Stock plus the
Aggregate  Principal Amount of Debentures then outstanding;  provided,  however,
that  the  Company,  after  receipt  of the  determination  by such  Independent
Appraiser,  shall have the right to select an additional  Independent Appraiser,
in which  case,  the fair  market  value  shall be equal to the  average  of the
determinations by each such Independent  Appraiser;  and provided,  further that
all determinations of the Per Share Market Value shall be appropriately adjusted
for any stock dividends,  stock splits or other similar transactions during such
period. The determination of fair market value by an Independent Appraiser shall
be based upon the fair market value of the Company determined on a going concern
basis as between a willing  buyer and a willing  seller and taking into  account
all relevant  factors  determinative of value, and shall be final and binding on
all parties. In determining the fair market value of any shares of Common Stock,
no  consideration  shall be given to any  restrictions on transfer of the Common
Stock  imposed by agreement or by federal or state  securities  laws,  or to the
existence or absence of, or any limitations on, voting rights.

         "Person"  means  an  individual  or  corporation,  partnership,  trust,
incorporated or  unincorporated  association,  joint venture,  limited liability
company,  joint stock company,  government (or an agency or subdivision thereof)
or other entity of any kind.

         "Registration   Rights   Agreement"  means  the   Registration   Rights
Agreement, dated as of the Original Issue Date, by and among the Company and the
original Holders.

         "Securities   Purchase   Agreement"   means  the  Securities   Purchase
Agreement,  dated April __, 2000 among the Company and the  original  holders of
the Debentures.

         "Trading  Day" means (a) a day on which the  Common  Stock is traded on
the Nasdaq  National  Market,  The Nasdaq  SmallCap  Market or other  registered
national stock exchange on which the Common Stock has been listed, or (b) if the
Common Stock is not listed on the Nasdaq  National  Market,  The Nasdaq SmallCap
Market or any  registered  national  stock  exchange,  a day or which the Common
Stock is traded in the over-the-counter  market, as reported by the OTC Bulletin
Board, or (c) if the Common Stock is not quoted on the OTC Bulletin Board, a day
on which the Common Stock is quoted in the  over-the-counter  market as reported
by the National  Quotation Bureau  Incorporated (or any similar  organization or
agency succeeding its functions of reporting prices); provided, however, that in
the event that the Common Stock is not listed or quoted as set forth in (a), (b)
and (c) hereof, then Trading Day shall mean any day except Saturday,  Sunday and
any day which shall be a legal holiday or a day on which banking institutions in
the State of New York are  authorized  or  required  by law or other  government
action to close.

                                      -17-

<PAGE>

         "Underlying  Shares"  means the  number of shares of Common  Stock into
which the Debentures or the shares of Series A Preferred  Stock are  convertible
in accordance with the terms hereof, the Debentures and the Securities  Purchase
Agreement.

         Section 9. Purchase Rights.  If at any time the Company grants,  issues
or sells any  Options,  Convertible  Securities  or rights  to  purchase  stock,
warrants,  securities  or other  property pro rata to the record  holders of any
class of Common  Stock (the  "Purchase  Rights" ), then the holders of shares of
Series A Preferred Stock will be entitled to acquire,  upon the terms applicable
to such Purchase Rights,  the aggregate  Purchase Rights which such holder could
have  acquired  if such  holder  had held the  number of shares of Common  Stock
acquirable  upon complete  conversion of the shares of Series A Preferred  Stock
(without   taking  into  account  any   limitations  or   restrictions   on  the
convertibility of the shares of Series A Preferred Stock) immediately before the
date on which a record is taken for the grant, issuance or sale of such Purchase
Rights,  or, if no such record is taken, the date as of which the record holders
of  Common  Stock  are to be  determined  for the  grant,  issue or sale of such
Purchase Rights.

         Section 10. Taxes. The Company shall pay any and all taxes attributable
to the issuance and delivery of Common Stock or other securities upon conversion
of the shares of Series A Preferred Stock.

         Section  11.  No  Impairment.  The  Company  shall  not by  any  action
including,  without  limitation,  amending the articles of  incorporation or the
by-laws of the  Company,  or through  any  reorganization,  transfer  of assets,
consolidation,  merger,  dissolution,  issue or sale of  securities or any other
action, avoid or seek to avoid the observance or performance of any of the terms
of this  Certificate of Designation,  but will at all times in good faith assist
in the  carrying  out of all such terms and in the taking of all such actions as
may be  necessary  or  appropriate  to protect the rights of the Holder  against
dilution (to the extent  specifically  provided  herein) or impairment.  Without
limiting the  generality of the  foregoing,  the Company will (i) not permit the
par value,  if any, of its Common Stock to exceed the then effective  Conversion
Price,  (ii) not amend or modify any provision of the articles of  incorporation
or by-laws of the Company in any manner that would  adversely  affect in any way
the powers,  preferences  or relative  participating,  optional or other special
rights of the Common  Stock or which  would  adversely  affect the rights of the
Holders of the shares of Series A Preferred Stock, (iii) take all such action as
may be  reasonably  necessary  in order that the Company may validly and legally
issue fully paid and nonassessable shares of Common Stock, free and clear of any
liens,  claims,  encumbrances and  restrictions  (other than as provided herein)
upon the  exercise of the shares of Series A Preferred  Stock,  and (iv) use its
best efforts to obtain all such authorizations,  exemptions or consents from any
public  regulatory  body  having  jurisdiction  thereof  as  may  be  reasonably
necessary  to  enable  the  Company  to  perform  its  obligations   under  this
Certificate of Designation.

         Section 12.  Countersignature and Registration.  The shares of Series A
Preferred  Stock shall not become valid or obligatory  for any purpose until the
shares of Series A Preferred  Stock shall have been duly executed by the Company
and such signature attested to by an authorized Officer thereof.

                                      -18-

<PAGE>

         Section 13. Warranty of the Company.  The Company hereby  certifies and
warrants that all acts,  conditions and things required to be done and performed
and to have happened (including,  but not limited to, the Shareholder  Approval)
precedent to the creation and issuance of this  Certificate of  Designation  and
the Series A Preferred  Stock,  and to constitute  the same as legal,  valid and
binding  obligations of the Company  enforceable in accordance with their terms,
have been done and performed and have happened in due and strict compliance with
all applicable laws.

         Section 14. Descriptive  Headings.  The descriptive  headings appearing
herein are for  convenience  of  reference  only and shall not  alter,  limit or
define the provisions hereof.

                                      -19-

<PAGE>

         IN  WITNESS  WHEREOF,  we have  subscribed  this  document  on the date
indicated below and do hereby affirm,  under the penalties of perjury,  that the
statements contained therein have been examined by us and are true and correct.

Dated:  April ___, 2000

                                              __________________________________
                                              Name:
                                              Title:

                                              __________________________________
                                              Name:
                                              Title:

ATTEST:

__________________________________
Name:
Title:

                                      -20-

<PAGE>

                                    EXHIBIT 1

                                CONVERSION NOTICE

Reference is made to the  Certificate of  Designation,  Powers,  Preferences and
Rights of the Series of Preferred  Stock of World Wide Wireless  Communications,
Inc. (the "Company") to be designated 4.0% Series A Convertible  Preferred Stock
(the  "Certificate  of  Designation").  In  accordance  with and pursuant to the
Certificate of Designation,  the undersigned hereby elects to convert the number
of shares of 4% Series A Convertible  Preferred  Stock, par value $.01 per share
and  stated  value  $1,000  per share (the  "Preferred  Shares"),  of World Wide
Wireless Communications,  Inc., a Nevada corporation, (the "Company"), indicated
below  into  shares of Common  Stock,  par value  $.001 per share  (the  "Common
Stock"), of the Company, by tendering the stock certificate(s)  representing the
share(s) of Preferred Shares specified below as of the date specified below.

Date of Conversion:                          ___________________________________

Number of Preferred Shares to be converted:  ___________________________________

Stock certificate no.(s) of Preferred Shares to be converted: __________________

Please confirm the following information:

Conversion Price:                            ___________________________________

Number of shares of Common Stock to be issued: _________________________________

Please  issue the  Common  Stock  into  which  the  Preferred  Shares  are being
converted  and, if  applicable,  any check drawn on an account of the Company in
the following name and to the following address:

         Issue to: _____________________________________________________________

________________________________________________________________________________

         Facsimile Number: ________________________________

         Authorization: ___________________________________
                                 By:
                                 Title:

         Dated:____________________________________________

         Account Number (if electronic book entry transfer): ___________________

         Transaction Code Number (if electronic book entry transfer):___________

<PAGE>

                                 ACKNOWLEDGMENT

         The  Company  hereby  acknowledges  this  Conversion  Notice and hereby
directs [TRANSFER AGENT] to issue the above indicated number of shares of Common
Stock in accordance with the Transfer Agent  Instructions  dated April ___, 2000
from the Company and acknowledged and agreed to by [TRANSFER AGENT].

                                        WORLD WIDE WIRELESS COMMUNICATIONS, INC.

                                        By: ____________________________________
                                            Name:
                                            Title:

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