Document:

Exhibit 10.31

                          EASY GARDENER PRODUCTS, LTD.

                                NOTE AND WARRANT
                               PURCHASE AGREEMENT

            This Note and Warrant Purchase Agreement (the "Agreement") is made
as of the 29th day of October, 2003 by and between Easy Gardener Products, Ltd.,
a Texas limited partnership (the "Company"), and Central Garden & Pet Company, a
Delaware corporation (the "Purchaser").

                                    RECITALS

            The Company desires to issue and sell, and the Purchaser desires to
purchase, a promissory note in substantially the form attached to this Agreement
as Exhibit A (the "Note") and a warrant to purchase limited partnership
interests in the Company in substantially the form attached to this Agreement as
Exhibit B (the "Warrant"). The Note, the Warrant and the equity securities
issuable upon exercise of the Warrant are collectively referred to herein as the
"Securities." The terms of this Agreement are intended to effectuate the
transactions described in the agreement between the parties dated as of April 8,
2003 (the "Transaction Agreement").

                                    AGREEMENT

            In consideration of the mutual promises contained herein and other
good and valuable consideration, receipt of which is hereby acknowledged, the
parties to this Agreement agree as follows:

      1. Purchase and Sale of Notes and Warrants.

            (a) Sale and Issuance of Note and Warrant. Subject to the terms and
conditions of this Agreement, the Purchaser agrees to purchase at the Closing
(as defined below) and the Company agrees to sell and issue to the Purchaser (i)
a Note in the principal amount of $2,675,000, and (ii) a Warrant to purchase
limited partnership interests. The purchase price of the Note and Warrant shall
be equal to $2,675,000, and the exercise price of the Warrant shall be
$2,675,000, plus an amount equal to nine percent (9%) per annum, compounded
monthly, of such sum, from the date hereof to the date of the exercise of the
option, for the exercise of the entire option, or appropriate percentage thereof
for exercises of less than the entire option.

            (b) Closing; Delivery.

                  (i) The purchase and sale of the Note and Warrant shall take
place at the offices of Mayer, Brown, Rowe & Maw in New York, New York,
simultaneously with the closing of the Acquisition as defined in Section 2(d) of
this Agreement, or at such other time and place as the Company and the Purchaser
mutually agree upon, orally or in writing (which time and place are designated
as the "Closing").

                  (ii) At the Closing, the Company shall deliver to the
Purchaser the Note and Warrant to be purchased by the Purchaser against payment
of the purchase price therefor by check payable to the Company or by wire
transfer to a bank designated by the Company.

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      2. Representations and Warranties of the Company. The Company hereby
represents and warrants to the Purchaser that:

            (a) Organization, Good Standing and Qualification. The Company is a
limited partnership duly organized, validly existing and in good standing under
the laws of the State of Texas and has all requisite power and authority to
carry on its business as now conducted and as proposed to be conducted. The
Company is duly qualified to transact business and is in good standing in each
jurisdiction in which the failure so to qualify would have a material adverse
effect on its business or properties.

            (b) Authorization. All action on the part of the Company, its
general partners and limited partners necessary for the authorization, execution
and delivery of this Agreement and the authorization, sale, issuance and
delivery of the Note and the Warrant, the limited partnership interest issuable
upon exercise of the Warrant, and the performance of all obligations of the
Company hereunder and thereunder has been taken or will be taken prior to the
Closing. The Agreement, the Note and the Warrant, when executed and delivered by
the Company, shall constitute valid and legally binding obligations of the
Company, enforceable against the Company in accordance with their respective
terms except as limited by applicable bankruptcy, insolvency, reorganization,
moratorium, fraudulent conveyance, and other laws of general application
affecting enforcement of creditors' rights generally, and as limited by laws
relating to the availability of specific performance, injunctive relief, or
other equitable remedies.

            (c) Capitalization. The authorized capital of the Company consists,
and will consist, immediately prior to the Closing, of limited partnership
interests, which will be owned by the persons whose names are set forth on
Schedule 2(c) attached hereto in the respective amounts set forth on such
schedule. There are no outstanding options, warrants, rights (including
conversion or preemptive rights and rights of first refusal or similar rights)
or agreements, orally or in writing, for the purchase or acquisition from the
Company of any of its limited partnership interests or other equity securities.

            (d) No Violation. The Company approached the Purchaser with the
request that the Purchaser provide financing to assist the Company in completing
a transaction (the "Acquisition") with U.S. Home & Garden, Inc. ("USHG") on
substantially the terms contemplated by the asset purchase agreement dated as of
December 11, 2002, as amended by amendments dated May 23, 2003, and July 31,
2003 (the "Asset Purchase Agreement") among the Company, USHG and two
subsidiaries of USHG. The Company was legally entitled to approach the Purchaser
for such purpose, and the transactions contemplated hereby do not violate any
duty owed by the Company or any of its general or limited partners or officers
or employees to USHG, or its stockholders or affiliates.

            (e) Approvals. The transactions contemplated hereby have been
approved by USHG. No other consents or approvals are required for consummation
of the transactions contemplated hereby.

            (f) 100% Ownership. As of the Closing, the only direct or indirect
subsidiaries of the Company will be Weatherly Consumer Products Group, Inc.,
Weatherly Consumer Products, Inc., and Easy Gardener (UK) Ltd. (the
"Subsidiaries"). The Company will own 100% of the stock of Weatherly Consumer
Products Group, Inc., and Easy Gardener (UK) Ltd., and Weatherly Consumer
Products Group, Inc., owns 100% of the stock of Weatherly Consumer Products,
Inc., and there will be no outstanding options, warrants, rights (including
conversion or preemptive rights and rights of first refusal or similar rights)
or agreements, orally

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or in writing, for the purchase or acquisition from the Company of any of the
Subsidiaries of any securities of any such Subsidiary.

            (g) Litigation. There are no lawsuits, claims, proceedings or
investigations pending or, to the best knowledge of the Company, threatened by
or against or affecting the Company or its officers or employees or any of the
Company's properties, assets, operations or business (including the business to
be acquired by it in the Acquisition) which could in any way affect the
transactions contemplated by this Agreement or the value to the Company of the
business being acquired by it pursuant to the Asset Purchase Agreement, and the
Company is not aware of any reasonable basis for any such lawsuit, claim,
proceeding or investigation.

            (h) Asset Purchase Agreement. All of the representations and
warranties of the Company in the Asset Purchase Agreement are true and correct
and will be true and correct as of the Closing.

            (i) Disclosure. No representation or warranty made by the Company in
this Agreement and no statement contained in a certificate, schedule, list or
other instrument or document specified in or delivered pursuant to this
Agreement, whether heretofore furnished to the Purchaser or hereafter required
to be furnished to the Purchaser, contains or will contain any untrue statement
of a material fact or omits or will omit to state any material fact necessary to
make the statements contained herein or therein not misleading.

      3. Representations and Warranties of the Purchaser. The Purchaser hereby
represents and warrants to the Company that:

            (a) Authorization. The Purchaser has full power and authority to
enter into this Agreement. This Agreement, when executed and delivered by the
Purchaser, will constitute a valid and legally binding obligation of the
Purchaser, enforceable in accordance with its terms, except as limited by
applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent
conveyance, and any other laws of general application affecting enforcement of
creditors' rights generally, and as limited by laws relating to the availability
of a specific performance, injunctive relief, or other equitable remedies

            (b) Accredited Investor. The Purchaser is an accredited investor as
defined in Rule 501(a) of Regulation D promulgated under the Securities Act.

      4. Conditions of the Purchaser's Obligations at Closing. The obligations
of the Purchaser to the Company under this Agreement are subject to the
fulfillment, on or before the Closing, of each of the following conditions,
unless otherwise waived:

            (a) Representations and Warranties. The representations and
warranties of the Company contained in Section 2 shall be true on and as of the
Closing with the same effect as though such representations and warranties had
been made on and as of the date of the Closing.

            (b) Financial Concessions. The Company shall have obtained the
financial concessions described in Section 3 of the Transaction Agreement and
such financial concessions shall be satisfactory to the Purchaser in its sole
discretion.

            (c) Approval of USHG. USHG shall have consented in writing to the
transactions contemplated hereby.

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            (d) Consents and Approvals. All consents and approvals required for
the consummation of the Acquisition, the funding and the transactions
contemplated hereby shall have been obtained.

            (e) Funding. All other funding sources shall have provided to the
Company the funds necessary to fund the Acquisition. The Purchaser, in its sole
discretion, shall be fully satisfied with the terms of such funding.

            (f) Documentation. The Company shall have provided the Purchasers
with true and correct copies of all material contracts and other documents
relating to the Acquisition and its funding. The Purchaser, in its sole
discretion, shall be fully satisfied with all documents relating to the
Acquisition and its funding.

            (g) Note. The Company shall have executed and delivered to the
Purchaser a Note in the form of Exhibit A hereto.

            (h) Warrant. The Company shall have executed and delivered to the
Purchaser a Warrant in the form of Exhibit B hereto.

            (i) Call Option Agreement. Each of the general partners and each of
the limited partners of the Company shall have executed and delivered to the
Purchaser a call option agreement in the form of Exhibit C hereto.

            (j) USHG Certificate. USHG shall have delivered to the Purchaser
copies of its annual report on Form 10-K for the fiscal year ended June 30, 2002
filed with the SEC under the Securities Exchange Act of 1934 (the "Exchange
Act") and the other reports or documents required to be filed by USHG under
Sections 13(a), 14(a), 14(c) and 15(d) of the Exchange Act subsequent to June
30, 2002 (collectively, the "Reports"), as well as the Form S-4 Registration
Statement filed with the SEC in connection with the Acquisition, together with
all amendments thereto and documents incorporated by reference therein (the
"Form S-4"). USHG shall have also delivered to the Purchaser a certificate
signed by its chief executive officer and chief financial officer stating that,
as of their respective date, the Reports and the Form S-4 did not contain any
untrue statement of a material fact or omit to state a material fact required to
be stated therein or necessary to make the statements made therein, in light of
the circumstances in which they were made, not misleading, and subsequent to
their respective dates, no event has occurred that would make the Reports or the
Form S-4 untrue or misleading as of the dates of such Reports and the Form S-4.

            (k) Legal Opinion. USHG shall have delivered to the Purchaser a
legal opinion of Blank Rome LLP in form and substance reasonably satisfactory to
the Purchaser providing customary negative assurances as to the disclosure in
the Form S-4.

            (l) Disclosure. Purchaser shall be satisfied in its sole discretion
with the adequacy of the public disclosures of the Company and USHG concerning
the transactions contemplated hereby and the transactions contemplated by the
Asset Purchase Agreement.

      5. Conditions of the Company's Obligations at Closing. The obligations of
the Company to the Purchaser under this Agreement are subject to the
fulfillment, on or before the Closing, of each of the following conditions,
unless otherwise waived:

            (a) Representations and Warranties. The representations and
warranties of

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the Purchaser contained in Section 3 shall be true on and as of the Closing with
the same effect as though such representations and warranties had been made on
and as of the Closing.

      6. Miscellaneous.

            (a) Successors and Assigns. The terms and conditions of this
Agreement shall inure to the benefit of and be binding upon the respective
successors and assigns of the parties. Nothing in this Agreement, express or
implied, is intended to confer upon any party other than the parties hereto or
their respective successors and assigns any rights, remedies, obligations, or
liabilities under or by reason of this Agreement, except as expressly provided
in this Agreement.

            (b) Governing Law. This Agreement and all acts and transactions
pursuant hereto and the rights and obligations of the parties hereto shall be
governed, construed and interpreted in accordance with the laws of the State of
California, without giving effect to principles of conflicts of law.

            (c) Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original and all of which
together shall constitute one instrument.

            (d) Interpretation. The titles and subtitles used in this Agreement
are used for convenience only and are not to be considered in construing or
interpreting this Agreement. For purposes of contract interpretation, the
parties agree that they are joint authors of this Agreement.

            (e) Notices. All notices and other communications hereunder shall be
in writing and shall be deemed given if delivered personally or mailed by
registered or certified mail (return receipt requested) to the parties at the
following addresses (or at such other address for a party as shall be specified
by like notice):

                  (1)      if to the Purchaser, to
                           CENTRAL GARDEN & PET COMPANY
                           3697 Mt. Diablo Boulevard
                           Lafayette, CA  94549

                           Attention:  William E. Brown

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                  with a copy to:  John F. Seegal, Esq.

                           ORRICK, HERRINGTON & SUTCLIFFE LLP
                           The Old Federal Reserve Bank Building
                           400 Sansome Street
                           San Francisco, California  94111

                  (2)      if to the Company, to

                           EASY GARDENER PRODUCTS, LTD.
                           3022 Franklin Avenue
                           Waco, Texas  76702-1025

                           Attention:  Richard Grandy

                  with a copy to:  Wesley Filer, Esq.

                           NAMAN, HOWELL, SMITH & LEE L.L.P.
                           900 Washington Avenue
                           P. O. Box 1470
                           Waco, Texas  76701 (Street); 76703 (P. O. Box)

                  All notices given thereunder shall be deemed given at the time
of personal delivery or, if mailed, on the earlier of actual receipt as shown on
the registry receipt or three business days after the date of such mailing.

            (f) Finder's Fee. Each party represents that it neither is nor will
be obligated for any finder's fee or commission in connection with this
transaction.

            (g) Amendments and Waivers. Any term of this Agreement may be
amended or waived only with the written consent of the Company and the
Purchaser.

            (h) Severability. If one or more provisions of this Agreement are
held to be unenforceable under applicable law, the parties agree to renegotiate
such provision in good faith, in order to maintain the economic position enjoyed
by each party as close as possible to that under the provision rendered
unenforceable. In the event that the parties cannot reach a mutually agreeable
and enforceable replacement for such provision, then (i) such provision shall be
excluded from this Agreement, (ii) the balance of the Agreement shall be
interpreted as if such provision were so excluded and (iii) the balance of the
Agreement shall be enforceable in accordance with its terms.

            (i) Entire Agreement. This Agreement, and the documents referred to
herein constitute the entire agreement between the parties hereto pertaining to
the subject matter hereof, and any and all other written or oral agreements
existing between the parties hereto are expressly canceled.

[Signature Pages Follow]

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      The parties have executed this Note and Warrant Purchase Agreement as of
the date first written above.

                                           COMPANY:

                                           EASY GARDENER PRODUCTS, LTD.

                                           BY: E G PRODUCT MANAGEMENT, L.L.C.,
                                                GENERAL PARTNER

                                           By: /s/ Richard Grandy
                                               ---------------------------------
                                                Name: Richard Grandy
                                                      --------------------------
                                                Title: Manager
                                                       -------------------------

                                           CENTRAL GARDEN & PET COMPANY.

                                           By: /s/ William Brown
                                               ---------------------------------
                                                Name: William Brown
                                                      --------------------------
                                                Title: Chairman
                                                       -------------------------

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                                  SCHEDULE 2(c)
                     OWNERS OF LIMITED PARTNERSHIP INTERESTS

Owner                                     Type of Interest            Percentage
-----                                     ----------------            ----------
EG Product Management, L.L.C.                 General                     1%
EG, L.L.C.                                    Limited                    99%

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Exhibit A -   Form of Promissory Note

Exhibit B -   Form of Warrant

Exhibit C -   Call Option Agreement

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                                    EXHIBIT A

                             FORM OF PROMISSORY NOTE

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THE OBLIGATIONS HEREUNDER (AND THE PAYMENTS WITH RESPECT THERETO) ARE SUBJECT TO
(A) THAT CERTAIN SUBORDINATION AGREEMENT DATED AS OF OCTOBER 29, 2003, BY AND
BETWEEN LENDER AND CAPITALSOURCE FINANCE LLC AND (B) THAT CERTAIN SUBORDINATION
AGREEMENT DATED AS OF OCTOBER 29, 2003, BY AND BETWEEN LENDER AND WELLS FARGO
FOOTHILL, INC.

                          SUBORDINATED PROMISSORY NOTE

U.S. $2,675,000                                                 October 29, 2003

      FOR VALUE RECEIVED, the undersigned, a Texas limited partnership
("Borrower") promises to pay to Central Garden & Pet Company ("Lender") the
principal sum of two million six hundred seventy-five thousand United States
Dollars (U.S. $2,675,000), together with interest on the outstanding balance of
said sum at a per annum rate of nine percent (9%). All computations of interest
under this Note shall be made on the basis of a year of 365 days, for actual
days elapsed.

      1. Payments and Prepayments.

            (a) Principal and Interest Payments. Borrower shall pay the
      principal sum due hereunder on April 1, 2009, (the "Maturity Date").
      Interest on the outstanding balance of this Note shall accrue on a monthly
      basis and shall be capitalized and added to the outstanding balance
      hereunder. Borrower shall pay any and all accrued interest on the Maturity
      Date (whether by acceleration or otherwise).

            (b) Late Payments. Borrower shall pay interest on all amounts
      (including both principal and interest) outstanding under this Note after
      maturity (whether by acceleration or otherwise) at a per annum rate equal
      to fifteen percent (15%).

            (c) Prepayments. Prepayments of this Note are not permitted except
      in connection with amounts due from the exercise of that certain warranty
      to purchase limited partnership interests in Borrower, dated as of the
      date hereof, issued by Borrower to Lender, which amounts will be treated
      as payments hereunder.

            (d) Other Payment Terms. Borrower shall pay all amounts due under
      this Note in lawful money of the United States at the executive offices of
      Lender, which are currently located in Lafayette, California. All payments
      made by Borrower under this Note shall be applied first to any costs,
      expenses and charges then payable by Borrower, second to accrued interest
      then due, and then to outstanding principal. Whenever any payment due
      hereunder shall fall due on a day which is not a Business Day, such
      payment shall be made on the next succeeding Business Day, and such
      extension of time shall be included in the computation of interest. As
      used herein, "Business Day" shall mean any day which is not a Saturday,
      Sunday or any other day on which banks in San Francisco, California are
      closed.

      2. Default.

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            (a) Optional Acceleration. Lender may declare all principal and
      interest outstanding under this Note immediately due and payable in full
      upon the occurrence of any of the following:

                  (i) The failure of Borrower to make any payment of principal
            or interest required under this Note when due; or

                  (ii) Borrower shall fail to pay, within five (5) days after
            the same becomes due, any other amount due under the terms of this
            Note; or

                  (iii) Borrower shall fail to perform any other non-monetary
            obligation set forth in this Note which by its nature cannot be
            cured; or

                  (iv) Borrower shall fail to perform any other curable
            non-monetary obligation set forth in this Note, which failure is not
            cured within ten (10) Business Days after the date due; or

                  (v) Any representation, warranty, certificate, information or
            other statement (financial or otherwise) made or furnished by or on
            behalf of Borrower to Lender in or in connection with this Note
            shall be false, incorrect, incomplete or misleading in any material
            respect when made or furnished; or

                  (vi) (A) Borrower shall fail to make any payment on account of
            any debt of Borrower when due (whether at scheduled maturity, by
            required prepayment, upon acceleration or otherwise) and such
            failure shall continue beyond any period of grace provided with
            respect thereto, if the amount of such debt exceeds $1,000,000, or
            the effect of such failure is to cause, or permit the holder or
            holders thereof to cause, debt of Borrower in an aggregate amount
            exceeding $1,000,000 to become redeemable, due or otherwise payable
            (whether at scheduled maturity, by required prepayment, upon
            acceleration or otherwise) and/or to be secured by cash collateral
            or (B) Borrower shall otherwise fail to observe or perform any
            agreement, term or condition contained in any agreement or
            instrument relating to any of Borrower's debt, or any other event
            shall occur or condition shall exist, if the effect of such failure,
            event or condition is to cause, or permit the holder or holders
            thereof to cause, debt of Borrower in an aggregate amount exceeding
            $1,000,000 to become redeemable, due or otherwise payable (whether
            at scheduled maturity, by required prepayment, upon acceleration or
            otherwise) and/or to be secured by cash collateral, provided, this
            provision shall not be applicable to any deferral of payments
            permitted on Borrower's 9.4% Junior Subordinated Debenture Due April
            15, 2028; or

                  (vii) Borrower breaches any contract or obligation, which has
            or may reasonably be expected to have a Material Adverse Effect (as
            defined below); or

                  (viii) A Change of Control (as defined below) shall have
            occurred without the prior written consent of Lender; or

                  (ix) (i) One or more judgments, orders, decrees or arbitration
            awards requiring Borrower to pay an aggregate amount of $1,000,000
            or more shall be rendered against Borrower in connection with any
            single or related series of transactions, incidents or circumstances
            and the same shall not be vacated or

                                      -12-
<PAGE>

            stayed for a period of ten (10) consecutive days; (ii) any judgment,
            writ, assessment, warrant of attachment, tax lien or execution or
            similar process shall be issued or levied against a substantial part
            of the property of Borrower and the same shall not be released,
            stayed, vacated or otherwise dismissed within ten (10) days after
            issue or levy; or (iii) any other judgments, orders, decrees,
            arbitration awards, writs, assessments, warrants of attachment, tax
            liens or executions or similar processes which, alone or in the
            aggregate, are reasonably likely to have a Material Adverse Effect
            are rendered, issued or levied; or

                  (x) Borrower shall, without the prior written consent of
            Lender, have made any distribution or engaged in any other
            transaction as to which notice is required to be given under Section
            6 of the Warrant issued by Borrower to Lender concurrently herewith;
            or

                  (xi) A Material Adverse Effect shall have occurred.

      "Material Adverse Effect" shall mean a material adverse effect on (i) the
business, assets, operations, prospects or financial or other condition of
Borrower, taken as a whole; (ii) the ability of Borrower to pay or perform its
obligations under this Note in accordance with the terms of this Note. "Change
of Control" shall mean a sale of all or substantially all of Borrower's assets,
or any merger or consolidation of Borrower with or into another corporation or
other entity; other than a merger or consolidation in which the holders of more
than 50% of the equity securities of Borrower outstanding immediately prior to
such transaction continue to hold (either by the voting securities remaining
outstanding or by their being converted into voting securities of the surviving
entity) more than 50% of the total voting power represented by the voting
securities of Borrower, or such surviving entity, outstanding immediately after
such transaction.

            (b) Automatic Acceleration. All principal and interest outstanding
      under this note shall be immediately due and payable in full, without
      demand or notice of any kind, upon the occurrence of any of the following:

                  (i) Dissolution, termination of existence, or appointment of a
            receiver, trustee or custodian, for all or any part of the property
            of, assignment for the benefit of creditors by, or the commencement
            of any proceeding by Borrower under any reorganization, bankruptcy,
            insolvency, arrangement, readjustment of debt, dissolution or
            liquidation law or statute of any jurisdiction, now or in the future
            in effect; or

                  (ii) Commencement of any proceeding against Borrower under any
            reorganization, bankruptcy, insolvency, arrangement, readjustment of
            debt, dissolution or liquidation law or statute of any jurisdiction,
            now or in the future in effect, which is not cured by the dismissal
            thereof within thirty (30) days after the date commenced; or

                  (iii) The appointment of a receiver, trustee, custodian or
            similar official for all or substantially all of Borrower's
            property; or

                  (iv) The revocation or termination of, or limitation or denial
            of liability under, this Note by Borrower.

                                      -13-
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      3. Subordination. The obligations hereunder (and the payments with respect
thereto) are subject to that certain Subordination Agreement dated as of October
29, 2003, by and between Lender and CapitalSource Finance LLC and (b) that
certain Subordination Agreement dated as of October 29, 2003, by and between
Lender and Wells Fargo Foothill, Inc.

      4. Miscellaneous. This Note shall inure to the benefit of Lender's
successors and assigns. If any amounts owing under this Note are not paid when
due, Borrower shall pay all costs and expenses, including reasonable attorneys'
fees, incurred by Lender in the collection or enforcement of this Note. To the
extent permitted by law, Borrower waives diligence, presentment, demand, notice
of nonpayment, protest, notice of protest and notice of every kind. This Note
shall be governed by and construed in accordance with the laws of the State of
California. Paragraph and subparagraph headings in this Note are for convenience
of reference only and are not part of the substance hereof.

                                             EASY GARDENER PRODUCTS, LTD.

                                             BY: E G PRODUCT MANAGEMENT, L.L.C.,
                                                 GENERAL PARTNER

                                             By: /s/ Richard Grandy
                                                 -------------------------------
                                             Name: Richard Grandy
                                                   -----------------------------
                                             Title: Manager
                                                    ----------------------------

                                      -14-
<PAGE>

                                    EXHIBIT B

                                 FORM OF WARRANT

THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AND HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A
VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE
OR DISTRIBUTION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT
RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE COMPANY
THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933.

                                                          Percentage Interest in
                                                        Limited Partnership: 49%
Date of Issuance: October 29, 2003                       (subject to adjustment)

                          EASY GARDENER PRODUCTS, LTD.

                                     Warrant

      Easy Gardener Products, Ltd., a Texas limited partnership (the "Company"),
for value received, hereby certifies that Central Garden & Pet Company, a
Delaware corporation, or its registered assigns (the "Registered Holder"), is
entitled, subject to the terms set forth below, to purchase from the Company, at
any time after the date hereof and on or before the Expiration Date (as defined
in Section 5 below), up to a 49% partnership interest, as a limited partner (as
adjusted from time to time pursuant to the provisions of this Warrant) of the
Company, at a purchase price of $2,675,000, plus nine percent (9%) per annum,
compounded monthly, of such sum, from the date of issuance of this Warrant to
the effective time of exercise. If less than a 49% interest is purchased, the
purchase price for such interest shall be adjusted to an amount that bears the
same ratio to the purchase price for a 49% interest as the interest purchased
bears to 49%. The interests purchasable upon exercise of this Warrant and the
purchase price, as adjusted from time to time pursuant to the provisions of this
Warrant, are hereinafter referred to as the "Warrant Interests" and the
"Purchase Price," respectively.

      This Warrant is issued pursuant to a Note and Warrant Purchase Agreement
dated October 29, 2003 between the Company and the Registered Holder (the
"Purchase Agreement") and is subject to the terms and conditions of the Purchase
Agreement.

      1. Exercise.

            (a) Manner of Exercise. This Warrant may be exercised by the
Registered Holder, in whole or in part, by surrendering this Warrant, with the
purchase/exercise form appended hereto as Exhibit A duly executed by such
Registered Holder, at the principal office of the Company, accompanied by
payment in full of the Purchase Price payable in respect of the Warrant
Interests purchased upon such exercise. The Purchase Price may be paid only by
crediting the Purchase Price against the amounts due under the Note referred to
in the Purchase Agreement. Provided, however, this Warrant shall not be
exercisable to the extent that the result of an exercise would cause an event of
default under any loan or credit agreement to which the Company is a party.

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<PAGE>

            (b) Effective Time of Exercise. Each exercise of this Warrant shall
be deemed to have been effected immediately prior to the close of business on
the day on which this Warrant shall have been surrendered to the Company as
provided in Section 1(a) above. At such time, the person or persons in whose
name or names any Warrant Interests shall be issuable upon such exercise as
provided in Section 1(c) below shall be deemed to have become the holder or
holders of record of the Warrant Interests.

            (c) Delivery to Holder. As soon as practicable after the exercise of
this Warrant in whole or in part, and in any event within ten (10) days
thereafter, the Company at its expense will cause to be issued in the name of,
and delivered to, the Registered Holder, or as such Holder (upon payment by such
Holder of any applicable transfer taxes) may direct:

                  (i) an amendment to the partnership agreement of the Company,
executed by the other partners and to be executed by the Registered Holder,
recognizing the Registered Holder as a limited partner in the Company holding
the interest to which such Registered Holder shall be entitled, and

                  (ii) in case such exercise is in part only, a new warrant or
warrants (dated the date hereof) of like tenor, calling in the aggregate on the
face or faces thereof for the Warrant Interests equal (without giving effect to
any adjustment therein) to the percentage interest called for on the face of
this Warrant minus the percentage interest purchased by the Registered Holder
upon such exercise as provided in Section 1(a) above.

      2. Adjustments.

            (a) Reclassification, Etc. In case of any reclassification or change
of the outstanding securities of the Company or of any reorganization of the
Company or any similar reorganization on or after the date hereof, then and in
each such case the holder of this Warrant, upon the exercise hereof at any time
after the consummation of such reclassification, change, reorganization, merger
or conveyance, shall be entitled to receive, in lieu of the partnership interest
or other securities and property receivable upon the exercise hereof prior to
such consummation, the partnership interest or other securities or property to
which such holder would have been entitled upon such consummation if such holder
had exercised this Warrant immediately prior thereto; and in each such case, the
terms of this Section 2 shall be applicable to the partnership interest or other
securities properly receivable upon the exercise of this Warrant after such
consummation.

            (b) Adjustment Certificate. When any adjustment is required to be
made in the Warrant Interests or the Purchase Price pursuant to this Section 2,
the Company shall promptly mail to the Registered Holder a certificate setting
forth (i) a brief statement of the facts requiring such adjustment, (ii) the
Purchase Price after such adjustment and (iii) the kind and amount of
partnership interest or other securities or property into which this Warrant
shall be exercisable after such adjustment.

                                      -16-
<PAGE>

      3. Transfers.

            (a) Unregistered Security. Each holder of this Warrant acknowledges
that this Warrant and the Warrant Interests have not been registered under the
Securities Act of 1933, as amended (the "Securities Act"), and agrees not to
sell, pledge, distribute, offer for sale, transfer or otherwise dispose of this
Warrant or any Warrant Interests issued upon its exercise in the absence of (i)
an effective registration statement under the Act as to this Warrant or such
Warrant Interests and registration or qualification of this Warrant or such
Warrant Interests under any applicable U.S. federal or state securities law then
in effect or (ii) an opinion of counsel, satisfactory to the Company, that such
registration and qualification are not required. Each certificate or other
instrument for Warrant Interests issued upon the exercise of this Warrant shall
bear a legend substantially to the foregoing effect.

            (b) Transferability. Subject to the provisions of Section 3(a)
hereof, this Warrant and all rights hereunder are transferable, in whole or in
part, upon surrender of the Warrant with a properly executed assignment (in the
form of Exhibit B hereto) at the principal office of the Company.

            (c) Warrant Register. The Company will maintain a register
containing the names and addresses of the Registered Holders of this Warrant.
Until any transfer of this Warrant is made in the warrant register, the Company
may treat the Registered Holder of this Warrant as the absolute owner hereof for
all purposes; provided, however, that if this Warrant is properly assigned in
blank, the Company may (but shall not be required to) treat the bearer hereof as
the absolute owner hereof for all purposes, notwithstanding any notice to the
contrary. Any Registered Holder may change such Registered Holder's address as
shown on the warrant register by written notice to the Company requesting such
change.

      4. No Impairment. The Company will not, by amendment of its charter or
through reorganization, consolidation, merger, dissolution, sale of assets or
any other voluntary action, avoid or seek to avoid the observance or performance
of any of the terms of this Warrant, but will at all times in good faith assist
in the carrying out of all such terms and in the taking of all such action as
may be necessary or appropriate in order to protect the rights of the holder of
this Warrant against impairment.

      5. Termination. This Warrant (and the right to purchase securities upon
exercise hereof) shall terminate upon April 1, 2009 (the "Expiration Date").

      6. Notices of Certain Transactions. In case:

            (a) the Company shall take a record of the holders of its
partnership interest (or other stock or securities at the time deliverable upon
the exercise of this Warrant) for the purpose of entitling or enabling them to
receive any dividend or other distribution (other than a distribution of no more
than 40% of the taxable income of the Company if the Company is a disregarded
entity or a pass through entity for federal income tax purposes; provided,
however, that any such distribution shall be no more than is reasonably
necessary to pay such taxes after taking full advantage of any and all net
operating losses or other tax carryforwards or benefits previously passed
through to the Company's owners), or to receive any right to subscribe for or
purchase any partnership interests of any class or any other securities, or to
receive any other right, to subscribe for or purchase any partnership interests
of any class or any other securities, or to receive any other right, or

                                      -17-
<PAGE>

            (b) of any capital reorganization of the Company, any
reclassification of the equity securities of the Company, any consolidation or
merger of the Company, any consolidation or merger of the Company with or into
another corporation (other than a consolidation or merger in which the Company
is the surviving entity), or any transfer of all or substantially all of the
assets of the Company, or

            (c) of the voluntary or involuntary dissolution, liquidation or
winding-up of the Company,

then, and in each such case, the Company will mail or cause to be mailed to the
Registered Holder of this Warrant a notice specifying, as the case may be, (i)
the date on which a record is to be taken for the purpose of such dividend,
distribution or right, and stating the amount and character of such dividend,
distribution or right, or (ii) the effective date on which such reorganization,
reclassification, consolidation, merger, transfer, dissolution, liquidation or
winding-up is to take place, and the time, if any is to be fixed, as of which
the holders of record of limited partnership interest (or such other stock or
securities at the time deliverable upon such reorganization, reclassification,
consolidation, merger, transfer, dissolution, liquidation or winding-up) are to
be determined. Such notice shall be mailed at least ten (10) days prior to the
record date or effective date for the event specified in such notice.

      7. Reservation of Securities. The Company will at all times reserve and
keep available, solely for the issuance and delivery upon the exercise of this
Warrant, such Warrant Interests and other stock, securities and property, as
from time to time shall be issuable upon the exercise of this Warrant.

      8. Exchange of Warrants. Upon the surrender by the Registered Holder of
any Warrant or Warrants, properly endorsed, to the Company at the principal
office of the Company, the Company will, subject to the provisions of Section 3
hereof, issue and deliver to or upon the order of such Holder, at the Company's
expense, a new Warrant or Warrants of like tenor, in the name of such Registered
Holder or as such Registered Holder (upon payment by such Registered Holder of
any applicable transfer taxes) may direct, calling in the aggregate on the face
or faces thereof for the Warrants Interests called for on the face or faces of
the Warrant or Warrants so surrendered.

      9. Replacement of Warrants. Upon receipt of evidence reasonably
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Warrant and (in the case of loss, theft or destruction) upon delivery of an
indemnity agreement (with surety if reasonably required) in an amount reasonably
satisfactory to the Company, or (in the case of mutilation) upon surrender and
cancellation of this Warrant, the Company will issue, in lieu thereof, a new
Warrant of like tenor.

      10. Notices. Any notice required or permitted by this Warrant shall be in
writing and shall be deemed sufficient upon receipt, when delivered personally
or by courier, overnight delivery service or confirmed facsimile, or forty-eight
(48) hours after being deposited in the regular mail as certified or registered
mail (airmail if sent internationally) with postage prepaid, addressed (a) if to
the Registered Holder, to the address of the Registered Holder most recently
furnished in writing to the Company and (b) if to the Company, to the address
set forth below or subsequently modified by written notice to the Registered
Holder.

      11. No Rights as Limited Partner. Until the exercise of this Warrant, the
Registered Holder of this Warrant shall not have or exercise any rights by
virtue hereof as a limited partner

                                      -18-
<PAGE>

of the Company.

      12. Protective Provisions. In order to effectuate the parties intentions,
the Company agrees that prior to the expiration of this Warrant the Company will
not issue any partnership interests or other equity securities to any third
party without first providing the Registered Holder with a 30-day right of first
refusal to acquire such partnership interests or other equity securities on the
same terms as have been agreed to with such third party. In addition, in the
event that any issuance of partnership interests or other equity securities
reduces the number of Warrant Interests to less than 49% of the outstanding
limited partnership interests, the Company shall immediately afford to the
Registered Holder a 30-day option to purchase at the same price such partnership
interests or other equity securities are issued such limited partnership
interest as would be necessary to cause the limited partnership interests owned
by the Registered Holder after exercise of this Warrant to equal 49% of the
outstanding limited partnership interests.

      13. Reports, Inspection. The Company will deliver to the Registered Holder
as promptly as reasonably practicable annual, quarterly and monthly financial
statements and good faith projections which shall be updated at least quarterly.
The Registered Holder shall at all times have the right upon reasonable notice
to inspect the books and records of the Company.

      14. Amendment or Waiver. Any term of this Warrant may be amended or waived
only by an instrument in writing signed by the party against which enforcement
of the amendment or waiver is sought.

      15. Headings. The headings in this Warrant are for purposes of reference
only and shall not limit or otherwise affect the meaning of any provision of
this Warrant.

      15. Governing Law. This Warrant shall be governed, construed and
interpreted in accordance with the laws of the State of California, without
giving effect to principles of conflicts of law.

                                         EASY GARDENER PRODUCTS, LTD.

                                         BY: E G PRODUCT MANAGEMENT, L.L.C.
                                             GENERAL PARTNER

                                         By: /s/ Richard Grandy
                                             -----------------------------------
                                              Name: Richard Grandy
                                                    ----------------------------
                                              Title: Manager
                                                     ---------------------------

                                         Address:  3022 Franklin Avenue
                                                   Waco, Texas 76702-1025

                                         Fax Number: (254) 754-2831
                                                     ---------------------------

                                      -19-
<PAGE>

                                    EXHIBIT A

                             PURCHASE/EXERCISE FORM

To: [Company Name]                                          Dated:

      The undersigned, pursuant to the provisions set forth in the attached
Warrant hereby irrevocably purchases _______% of limited partnership interest
covered by such Warrant and herewith makes payment of $_________, representing
the full purchase price for such interest at the price provided for in such
Warrant.

                                    Signature:
                                               ---------------------------------
                                    Name (print):
                                                  ------------------------------
                                    Title (if applic.):
                                                        ------------------------

                                      -20-
<PAGE>

                                    EXHIBIT B

                                 ASSIGNMENT FORM

      FOR VALUE RECEIVED, _________________________________________ hereby
sells, assigns and transfers all of the rights of the undersigned under the
attached Warrant with respect to the partnership interest covered thereby set
forth below, unto:

      Name of Assignee          Address/Fax Number        Partnership Interest

Dated:                                     Signature:
       ---------------                                --------------------------

                                                      --------------------------
                                             Witness:
                                                      --------------------------

                                      -21-
<PAGE>

                                    EXHIBIT C

                          FORM OF CALL OPTION AGREEMENT

                                      -22-
<PAGE>

                              CALL OPTION AGREEMENT

            THIS CALL OPTION AGREEMENT ("Agreement") is dated as of October 29,
2003, by and between CENTRAL GARDEN & PET COMPANY, a Delaware corporation
("Central"), and E G Product Management, L.L.C., a Texas limited liability
company, and EG, L.L.C., a Nevada limited liability company (collectively
"Seller"), with respect to the limited partnership interests (the "Interests")
of EASY GARDENER PRODUCTS, LTD., a Texas limited partnership ("the
Partnership").

            WHEREAS, Seller owns all of the issued and outstanding limited
partnership interests in the Partnership (the "Interests").

            WHEREAS, concurrently herewith, Central is entering into a Note and
Warrant Purchase Agreement with the Partnership which provides, among other
things, for the issuance to Central of a warrant to purchase Interests from the
Company.

            WHEREAS, Seller wishes to grant an option to Central to purchase all
outstanding Interests owned by Seller.

            NOW, THEREFORE, in consideration of the premises and the
representations, warranties and agreements herein contained, the parties agree
as follows:

                                    ARTICLE I

                   Sale and Purchase of Partnership Interests

      SECTION 1.01. Option. Subject to the terms and conditions herein set
forth, Seller hereby grants to Central the option (the "Option") exercisable by
written notice within ninety days after Central's receipt from Seller of the
audited financial statements of the Partnership for the fiscal years ending June
30, 2006, June 30, 2007, and June 30, 2008, to purchase from Seller, and upon
the exercise of the Option, Seller shall sell to Central all Interests owned by
Seller.

      SECTION 1.02. The Purchase Price. For purposes hereof the exercise price
of the Option shall be equal to the product obtained by multiplying Seller's
Percentage Interest times the Equity Value.

                                      -23-
<PAGE>

            (a) Seller's Percentage Interest shall be determined by dividing the
number of Interests owned by Seller by the fully diluted number of outstanding
Interests (computed by adding to the number of outstanding Interests the number
of additional Interests called for by any outstanding options, warrants or
similar equity securities).

            (b) Equity Value shall be determined by subtracting interest-bearing
debt (excluding any outstanding balance on Company's Subordinated Promissory
Note, dated October 29, 2003, payable to the order of Central, in the original
principal amount of $2,675,000) from the sum obtained by adding EBITDA times 6
plus excess EBITDA times 3 where:

                  (i)   EBITDA and interest-bearing debt shall be determined
                        from the audited financial statements of the Company for
                        the most recent fiscal year prior to exercise; and

                  (ii)  EBITDA shall equal actual EBITDA up to but not exceeding
                        $20,862,000 if the Option is exercised with respect to
                        the fiscal year ending June 30, 2006, $23,833,000 if the
                        Option is exercised with respect to the fiscal year
                        ending June 30, 2007, and $27,111,000 if the Option is
                        exercised with respect to the fiscal year ending June
                        30, 2008; and

                  (iii) Excess EBITDA shall equal EBITDA earned in any year over
                        and above the maximum amounts set forth in clause (ii)
                        hereof.

      SECTION 1.03. Payment. The exercise price shall be paid by wire transfer,
or other means satisfactory to Seller.

      SECTION 1.04. Closing. Closing pursuant to Central's exercise of the
Option shall be held at the principal office of Central within 30 days following
the date of the notice exercising the Option.

      SECTION 1.05. Consequences of Failure to Exercise. If this Option shall
not have been exercised by Central during the exercise period provided in
Section 1.01 hereof and any warrants issued by the Partnership to Central shall
have been exercised, then the other partners of the Partnership shall have the
right to cause their interests in the Partnership or the

                                      -24-
<PAGE>

Partnership assets to be sold pursuant to an orderly sale process to be directed
by them. In connection with any such sale process, (a) the other partners shall
seek to achieve the highest sale price reasonably attainable for the
Partnership, but shall be obligated to provide Central with a 60-day right of
first refusal before closing any sale transaction; and (b) if the sale is of the
other partners' interest in the Partnership, Central shall sell its interests on
the same terms as all of the other partners sell their interests pursuant to any
such transaction which complies with the provisions of this Section 1.05.

      SECTION 1.06. Release. As a condition to the closing of the exercise of
the Option, Central shall use its reasonable best efforts to obtain the release
of Seller and each of its affiliates from all guarantees of indebtedness of the
Partnership.

                                   ARTICLE II

                              Additional Agreements

      SECTION 2.01. Additional Agreements. Subject to the terms and conditions
of this Agreement, each of the parties hereto agrees to use all reasonable
efforts to take, or cause to be taken, all reasonable action and to do, or cause
to be done, all things reasonably necessary, proper or advisable under
applicable laws and regulations to consummate and make effective the
transactions contemplated by this Agreement.

      SECTION 2.02. Press Releases. None of the parties hereto shall issue a
press release or other publicity announcing the sale of the Interests or any
other aspect of the transactions contemplated hereby without the prior written
approval of the other party, unless such disclosure is required by applicable
law.

      SECTION 2.03. Encumbrances. Seller will not transfer or encumber the
Interests or take any other action which could interfere with the exercise of
the Option by Central or the ownership by Central of the Interests acquired upon
exercise thereof, provided that the Interests shall be subject to the liens and
encumbrances of CapitalSource Finance LLC, as agent, and Wells Fargo Foothill,
Inc., as agent, for so long as any obligations are owed to them by the
Partnership or the Sellers.

                                      -25-
<PAGE>

                                   ARTICLE III

                               General Provisions

      SECTION 3.01. Notices. All notices and other communications hereunder
shall be in writing and shall be deemed given if delivered personally or mailed
by registered or certified mail (return receipt requested) to the parties at the
following addresses (or at such other address for a party as shall be specified
by like notice):

                  (a)      if to Central, to
                           CENTRAL GARDEN & PET COMPANY
                           3697 Mt. Diablo Boulevard
                           Lafayette, CA  94549

                           Attention:  William E. Brown

                  with a copy to:  John F. Seegal, Esq.

                           ORRICK, HERRINGTON & SUTCLIFFE LLP
                           The Old Federal Reserve Bank Building
                           400 Sansome Street
                           San Francisco, California  94111

                  (b)      if to Seller, to

                           EASY GARDENER PRODUCTS, LTD.
                           3022 Franklin Avenue
                           Waco, Texas 76702-1025
                           Attention: Richard M. Grandy

                  with a copy to:   Wesley Filer, Esq.

                           NAMAN, HOWELL, SMITH & LEE, L.L.P.
                           900 Washington Avenue
                           P. O. Box 1470
                           Waco, Texas 76701 (Street); 76703 (P.O. Box)

                                      -26-
<PAGE>

            All notices given thereunder shall be deemed given at the time of
personal delivery or, if mailed, on the earlier of actual receipt as shown on
the registry receipt or three business days after the date of such mailing.

      SECTION 3.02. Miscellaneous. This Agreement and the documents and
instruments and other agreements between the parties hereto (a) constitute the
entire agreement among the parties with respect to the subject matter hereof and
supersede all prior agreements and understandings, both written and oral, among
the parties with respect to the subject matter hereof, (b) are not intended to
confer upon any other person any rights or remedies hereunder and (c) shall not
be assigned by operation of law or otherwise except as otherwise specifically
provided.

      SECTION 3.03. Governing Law. This Agreement shall be governed in all
respects, including validity, interpretation and effect, by the internal laws of
the State of California.

                                      -27-
<PAGE>

      IN WITNESS WHEREOF, Buyer, and Seller has executed this Agreement, all as
of the date first written above.

                                               E G PRODUCT MANAGEMENT, L.L.C.

                                               By: Richard Grandy
                                                   -----------------------------

                                               EG, L.L.C.

                                               By: Richard Grandy
                                                   -----------------------------

                                               CENTRAL GARDEN & PET COMPANY

                                               By: William Brown
                                                   -----------------------------

                                      -28-EXHIBIT 4.1

THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF THIS
WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF THIS
WARRANT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE
ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR AN OPINION OF
COUNSEL REASONABLY SATISFACTORY TO SECURED SERVICES, INC. THAT SUCH REGISTRATION
IS NOT REQUIRED, EXCEPT THAT THESE SECURITIES MAY BE PLEDGED IN CONNECTION WITH
A BONA FIDE MARGIN ACCOUNT OF THE HOLDER WITH A REGISTERED BROKER-DEALER OR
OTHER LOAN OF THE HOLDER WITH A FINANCIAL INSTITUTION THAT IS AN "ACCREDITED
INVESTOR" AS DEFINED IN RULE 501(a) UNDER THE SECURITIES ACT.

                              Right to Purchase _________ shares of Common Stock
                              of SECURED SERVICES, INC. (subject to adjustment
                              as provided herein)

                          COMMON STOCK PURCHASE WARRANT

No.                                                     Issue Date: May   , 2004

      Secured Services, Inc., a corporation organized under the laws of the
State of Delaware (the "Company"), hereby certifies that, for value received,

or its assigns (the "Holder"), is entitled, subject to the terms set forth
below, to purchase from the Company at any time after the Issue Date up to 5:00
p.m., E.D.T on May , 2009 (the "Expiration Date"), up to ________ fully paid and
nonassessable shares of the common stock of the Company (the "Common Stock"),
$0.0001 par value per share at a per share purchase price of $1.96. The
aforedescribed purchase price per share, as adjusted from time to time as herein
provided, is referred to herein as the "Purchase Price." The number and
character of such shares of Common Stock and the Purchase Price are subject to
adjustment as provided herein. The Company may reduce the Purchase Price without
the consent of the Holder. Capitalized terms used and not otherwise defined
herein shall have the meanings set forth in that certain Subscription Agreement
(the "Subscription Agreement"), dated May ___, 2004, entered into by the Company
and the Holder.

      As used herein the following terms, unless the context otherwise requires,
have the following respective meanings:

      (a) The term "Company" shall include Secured Services, Inc. and any
corporation which shall succeed or assume the obligations of Secured Services,
Inc. hereunder.

      (b) The term "Common Stock" includes (a) the Company's Common Stock,
$0.0001 par value per share, as authorized on the date of the Subscription
Agreement, and (b) any other securities into which or for which any of the
securities described in (a) may be converted or exchanged pursuant to a plan of
recapitalization, reorganization, merger, sale of assets or otherwise.

      (c) The term "Other Securities" refers to any stock (other than Common
Stock) and other securities of the Company or any other person (corporate or
otherwise) which the holder of the Warrant at

<PAGE>

any time shall be entitled to receive, or shall have received, on the exercise
of the Warrant, in lieu of or in addition to Common Stock, or which at any time
shall be issuable or shall have been issued in exchange for or in replacement of
Common Stock or Other Securities pursuant to Section 4 or otherwise.

      (d) The term "Registration Rights Agreement" shall mean the Registration
Rights Agreement by and among the Company and the Purchasers named in the
Subscription Agreement, dated May __, 2004.

      1. Exercise of Warrant.

            1.1. Number of Shares Issuable upon Exercise. From and after the
Issue Date through and including the Expiration Date, the Holder hereof shall be
entitled to receive, upon exercise of this Warrant in whole in accordance with
the terms of subsection 1.2 or upon exercise of this Warrant in part in
accordance with subsection 1.3, shares of Common Stock of the Company, subject
to adjustment pursuant to Section 4; provided, however, that if any part of this
Warrant remains unexercised immediately prior to or as of the Expiration Date
and the Registration Statement (as defined in the Registration Rights Agreement)
is not effective as of the Expiration Date, such unexercised part of this
Warrant, shall be deemed exercised in full, automatically, as of the Expiration
Date in the manner set forth in Section 2(b) hereof, without any action on
behalf of the Holder.

            1.2. Full Exercise. This Warrant may be exercised in full by the
Holder hereof by delivery of an original or facsimile copy of the form of
subscription attached as Exhibit A hereto (the "Subscription Form") duly
executed by such Holder and surrender of the original Warrant within seven (7)
days of exercise, to the Company at its principal office or at the office of its
Warrant Agent (as provided hereinafter), accompanied by payment, (i) prior to
the Expiration Date, in cash, wire transfer or by certified or official bank
check payable to the order of the Company in the amount obtained by multiplying
the number of shares of Common Stock for which this Warrant is then exercisable
by the Purchase Price then in effect or (ii) as of the Expiration Date, if the
Registration Statement is not effective as of the Expiration Date, in accordance
with Section 2(b).

            1.3. Partial Exercise. This Warrant may be exercised in part (but
not for a fractional share) by surrender of this Warrant in the manner and at
the place provided in subsection 1.2 except that the amount payable by the
Holder on such partial exercise shall be the amount obtained by multiplying (a)
the number of whole shares of Common Stock designated by the Holder in the
Subscription Form by (b) the Purchase Price then in effect. On any such partial
exercise, the Company, at its expense, will forthwith issue and deliver to or
upon the order of the Holder hereof a new Warrant of like tenor, in the name of
the Holder hereof or as such Holder (upon payment by such Holder of any
applicable transfer taxes) may request, the whole number of shares of Common
Stock for which such Warrant may still be exercised.

            1.4. Fair Market Value. Fair Market Value of a share of Common Stock
as of a particular date (the "Determination Date") shall mean:

                  (a) If the Company's Common Stock is traded on an exchange or
is quoted on the National Association of Securities Dealers, Inc. Automated
Quotation ("NASDAQ"), National Market System, the NASDAQ SmallCap Market or the
American Stock Exchange, LLC, then the closing or last sale price, respectively,
reported for the last business day immediately preceding the Determination Date;

                  (b) If the Company's Common Stock is not traded on an exchange
or on the NASDAQ National Market System, the NASDAQ SmallCap Market or the
American Stock Exchange,

                                       2
<PAGE>

Inc., but is traded in the over-the-counter market, then the average of the
closing bid and ask prices reported for the last business day immediately
preceding the Determination Date;

                  (c) Except as provided in clause (d) below, if the Company's
Common Stock is not publicly traded, then as the Holder and the Company agree,
or in the absence of such an agreement, by arbitration in accordance with the
rules then standing of the American Arbitration Association, before a single
arbitrator to be chosen from a panel of persons qualified by education and
training to pass on the matter to be decided; or

                  (d) If the Determination Date is the date of a liquidation,
dissolution or winding up, or any event deemed to be a liquidation, dissolution
or winding up pursuant to the Company's charter, then all amounts to be payable
per share to holders of the Common Stock pursuant to the charter in the event of
such liquidation, dissolution or winding up, plus all other amounts to be
payable per share in respect of the Common Stock in liquidation under the
charter, assuming for the purposes of this clause (d) that all of the shares of
Common Stock then issuable upon exercise of all of the Warrants are outstanding
at the Determination Date.

            1.5. Company Acknowledgment. The Company will, at the time of the
exercise of the Warrant, upon the request of the Holder hereof acknowledge in
writing its continuing obligation to afford to such Holder any rights to which
such Holder shall continue to be entitled after such exercise in accordance with
the provisions of this Warrant. If the Holder shall fail to make any such
request, such failure shall not affect the continuing obligation of the Company
to afford to such Holder any such rights.

            1.6. Trustee for Warrant Holders. In the event that a bank or trust
company shall have been appointed as trustee for the Holder of the Warrants
pursuant to Subsection 3.2, such bank or trust company shall have all the powers
and duties of a warrant agent (as hereinafter described) and shall accept, in
its own name for the account of the Company or such successor person as may be
entitled thereto, all amounts otherwise payable to the Company or such
successor, as the case may be, on exercise of this Warrant pursuant to this
Section 1.

            1.7 Delivery of Stock Certificates, etc. on Exercise. The Company
agrees that the shares of Common Stock purchased upon exercise of this Warrant
shall be deemed to be issued to the Holder hereof as the record owner of such
shares as of the close of business on the date on which this Warrant shall have
been surrendered and payment made for such shares as aforesaid. As soon as
practicable after the exercise of this Warrant in full or in part, and in any
event within five (5) days thereafter, the Company at its expense (including the
payment by it of any applicable issue taxes) will cause to be issued in the name
of and delivered to the Holder hereof, or as such Holder (upon payment by such
Holder of any applicable transfer taxes) may direct in compliance with
applicable securities laws, a certificate or certificates for the number of duly
and validly issued, fully paid and nonassessable shares of Common Stock (or
Other Securities) to which such Holder shall be entitled on such exercise, plus,
in lieu of any fractional share to which such Holder would otherwise be
entitled, cash equal to such fraction multiplied by the then Fair Market Value
of one full share of Common Stock, together with any other stock or other
securities and property (including cash, where applicable) to which such Holder
is entitled upon such exercise pursuant to Section 1 or otherwise.

      2. Payment and Cashless Exercise.

            (a) If a Registration Statement as defined in the Registration
Rights Agreement ("Registration Statement") is effective and the Holder may sell
its shares of Common Stock upon exercise hereof, this Warrant may be exercisable
in whole or in part for cash as set forth in Section 1 above. If no such
Registration Statement is available, payment upon exercise may be made at the
option of the Holder

                                       3
<PAGE>

either in (i) cash, wire transfer or by certified or official bank check payable
to the order of the Company equal to the applicable aggregate Purchase Price,
(ii) by delivery of Common Stock issuable upon exercise of the Warrants in
accordance with Section (b) below or (iii) by a combination of any of the
foregoing methods, for the number of Common Stock specified in such form (as
such exercise number shall be adjusted to reflect any adjustment in the total
number of shares of Common Stock issuable to the holder per the terms of this
Warrant) and the holder shall thereupon be entitled to receive the number of
duly authorized, validly issued, fully-paid and non-assessable shares of Common
Stock (or Other Securities) determined as provided herein.

            (b) Notwithstanding any provisions herein to the contrary, if the
Fair Market Value of one share of Common Stock is greater than the Purchase
Price (at the date of calculation as set forth below), in lieu of exercising
this Warrant for cash, the holder may elect or may be deemed to have elected in
accordance with Section 1.1, to receive shares equal to the value (as determined
below) of this Warrant (or the portion thereof being cancelled) by surrender of
this Warrant at the principal office of the Company together with the properly
endorsed Subscription Form in which event the Company shall issue to the holder
a number of shares of Common Stock computed using the following formula:

                  X=Y (A-B)
                    -------
                       A

            Where X=    the number of shares of Common Stock to be issued to the
                        Holder

                  Y=    the number of shares of Common Stock purchasable under
                        the Warrant or, if only a portion of the Warrant is
                        being exercised, the portion of the Warrant being
                        exercised (at the date of such calculation)

                  A=    the Fair Market Value of one share of the Company's
                        Common Stock (at the date of such calculation)

                  B=    Purchase Price (as adjusted to the date of such
                        calculation)

            (c) The Holder may employ the cashless exercise feature described
above only during the pendency of an Event as described in Section 2(b) of the
Registration Rights Agreement.

            (d) For purposes of Rule 144 promulgated under the 1933 Act, it is
intended, understood and acknowledged that any shares issued in a cashless
exercise transaction shall be deemed to have been acquired by the Holder, and
the holding period for such shares shall be deemed to have commenced, on the
date this Warrant was originally issued pursuant to the Subscription Agreement.

      3. Adjustment for Reorganization, Consolidation, Merger, etc.

            3.1. Reorganization, Consolidation, Merger, etc. In case at any time
or from time to time, the Company shall (a) effect a reorganization, (b)
consolidate with or merge into any other person or (c) transfer all or
substantially all of its properties or assets to any other person under any plan
or arrangement contemplating the dissolution of the Company, then, in each such
case, as a condition to the consummation of such a transaction, proper and
adequate provision shall be made by the Company whereby the Holder of this
Warrant, on the exercise hereof as provided in Section 1, at any time after the
consummation of such reorganization, consolidation or merger or the effective
date of such dissolution, as the case may be, shall receive, in lieu of the
Common Stock (or Other Securities) issuable on such exercise prior to such
consummation or such effective date, the stock and other securities and property
(including cash) to which such Holder would have been entitled upon such
consummation or in

                                       4
<PAGE>

 connection with such dissolution, as the case may be, if such
Holder had so exercised this Warrant, immediately prior thereto, all subject to
further adjustment thereafter as provided in Section 4.

            3.2. Dissolution. In the event of any dissolution of the Company
following the transfer of all or substantially all of its properties or assets,
the Company, prior to such dissolution, shall at its expense deliver or cause to
be delivered the stock and other securities and property (including cash, where
applicable) receivable by the Holder of the Warrants after the effective date of
such dissolution pursuant to this Section 3 to a bank or trust company (a
"Trustee") having its principal office in New York, NY, as trustee for the
Holder of the Warrants.

            3.3. Continuation of Terms. Upon any reorganization, consolidation,
merger or transfer (and any dissolution following any transfer) referred to in
this Section 3, this Warrant shall continue in full force and effect and the
terms hereof shall be applicable to the Other Securities and property receivable
on the exercise of this Warrant after the consummation of such reorganization,
consolidation or merger or the effective date of dissolution following any such
transfer, as the case may be, and shall be binding upon the issuer of any Other
Securities, including, in the case of any such transfer, the person acquiring
all or substantially all of the properties or assets of the Company, whether or
not such person shall have expressly assumed the terms of this Warrant as
provided in Section 4. In the event this Warrant does not continue in full force
and effect after the consummation of the transaction described in this Section
3, then only in such event will the Company's securities and property (including
cash, where applicable) receivable by the Holder of the Warrants be delivered to
the Trustee as contemplated by Section 3.2.

            3.4 Change in Common Stock. If the Company shall (i) combine the
outstanding shares of Common Stock into a lesser number of shares, (ii)
subdivide the outstanding shares of Common Stock into a greater number of
shares, or (iii) issue additional shares of Common Stock as a dividend or other
distribution with respect to the shares which the Holder would have been
entitled to receive after the happening of any of the events described above if
such shares had been issued immediately prior to the effectiveness of such event
then (a) the Purchase Price in effect immediately prior to any such combination
of Common Stock shall, upon the effectiveness of such combination, be
proportionately increased and the number of shares issuable on exercise of the
Warrant proportionately decreased and (b) the Purchase Price in effect
immediately prior to any such subdivision of Common Stock or at the record date
of such dividend shall upon the effectiveness of such subdivision or immediately
after the record date of such dividend be proportionately reduced and the number
of shares issuable on exercise of the Warrant proportionately increased. An
adjustment made pursuant to this Section shall become effective immediately
after the effective date of such event retroactive to the record date, if any,
for such event.

      4. Certificate as to Adjustments. In each case of any adjustment or
readjustment in the shares of Common Stock (or Other Securities) issuable on the
exercise of the Warrants, the Company at its expense will promptly cause its
Chief Financial Officer or other appropriate designee to compute such adjustment
or readjustment in accordance with the terms of the Warrant and prepare a
certificate setting forth such adjustment or readjustment and showing in detail
the facts upon which such adjustment or readjustment is based, including a
statement of (a) the consideration received or receivable by the Company for any
additional shares of Common Stock (or Other Securities) issued or sold or deemed
to have been issued or sold, (b) the number of shares of Common Stock (or Other
Securities) outstanding or deemed to be outstanding, and (c) the Purchase Price
and the number of shares of Common Stock to be received upon exercise of this
Warrant, in effect immediately prior to such adjustment or readjustment and as
adjusted or readjusted as provided in this Warrant. The Company will forthwith
mail a copy of

                                       5
<PAGE>

each such certificate to the Holder of the Warrant and any Warrant Agent of the
Company (appointed pursuant to Section 11 hereof).

      5. Reservation of Stock, etc. Issuable on Exercise of Warrant; Financial
Statements. The Company will at all times reserve from its authorized and
unissued Common Stock and keep available, solely for issuance and delivery on
the exercise of the Warrants, all shares of Common Stock (or Other Securities)
from time to time issuable on the exercise of the Warrant. This Warrant entitles
the Holder hereof to receive copies of all financial and other information
distributed or required to be distributed to the holders of the Company's Common
Stock.

      6. Assignment; Exchange of Warrant. Subject to compliance with applicable
securities laws, this Warrant, and the rights evidenced hereby, may be
transferred by any registered holder hereof (a "Transferor"). On the surrender
for exchange of this Warrant, with the Transferor's endorsement in the form of
Exhibit B attached hereto (the "Transferor Endorsement Form") and together with
an opinion of counsel reasonably satisfactory to the Company that the transfer
of this Warrant will be in compliance with applicable securities laws, the
Company at its expense, but with payment by the Transferor of any applicable
transfer taxes, will issue and deliver to or on the order of the Transferor
thereof a new Warrant or Warrants of like tenor, in the name of the Transferor
and/or the transferee(s) specified in such Transferor Endorsement Form (each a
"Transferee"), calling in the aggregate on the face or faces thereof for the
number of shares of Common Stock called for on the face or faces of the Warrant
so surrendered by the Transferor. No such transfers shall result in a public
distribution of the Warrant. Notwithstanding the foregoing, while the Company is
not listed on a national securities exchange or the automated quotation system
of a national securities association (excluding the Nasdaq SmallCap Market), the
Company shall be obligated to pay for the expense (other than transfer taxes but
including the expense of "blue sky" compliance) associated with the transfer of
this Warrant, on only five occasions, and if the Company becomes listed on a
national securities exchange or the automated quotation system of a national
securities association, the Company shall be obligated to pay for the expense
(other than transfer taxes but including the expense of "blue sky" compliance)
associated with an unlimited number of such transfers.

      7. Replacement of Warrant. On receipt of evidence reasonably satisfactory
to the Company of the loss, theft, destruction or mutilation of this Warrant
and, in the case of any such loss, theft or destruction of this Warrant, on
delivery of an indemnity agreement or security reasonably satisfactory in form
and amount to the Company or, in the case of any such mutilation, on surrender
and cancellation of this Warrant, the Company at its expense, twice only, will
execute and deliver, in lieu thereof, a new Warrant of like tenor.

      8. Registration Rights. The Holder of this Warrant has been granted
certain registration rights by the Company. These registration rights are set
forth in the Registration Rights Agreement. The terms of the Registration Rights
Agreement are incorporated herein by this reference. During the pendency of an
Event (as defined in the Registration Rights Agreement), upon written demand
made by the Holder, the Company will pay to the Holder of this Warrant, in lieu
of delivering Common Stock, a sum equal to the closing price of the Company's
Common Stock on the principal market or exchange upon which the Common Stock is
listed for trading on the trading date immediately preceding the date notice is
given by the Holder, less the Purchase Price, for each share of Common Stock
designated in such notice from the Holder.

      9. Warrant Agent. The Company may, by written notice to the Holder of the
Warrant, appoint an agent (a "Warrant Agent") for the purpose of issuing Common
Stock (or Other Securities) on the exercise of this Warrant pursuant to Section
1, exchanging this Warrant pursuant to Section 7, and

                                       6
<PAGE>

replacing this Warrant pursuant to Section 8, or any of the foregoing, and
thereafter any such issuance, exchange or replacement, as the case may be, shall
be made at such office by such Warrant Agent.

      10. Transfer on the Company's Books. Until this Warrant is transferred on
the books of the Company, the Company may treat the registered holder hereof as
the absolute owner hereof for all purposes, notwithstanding any notice to the
contrary.

      11. Notices. All notices, demands, requests, consents, approvals, and
other communications required or permitted hereunder shall be in writing and,
unless otherwise specified herein, shall be (i) personally served, (ii)
deposited in the mail, registered or certified, return receipt requested,
postage prepaid, (iii) delivered by reputable air courier service with charges
prepaid, or (iv) transmitted by hand delivery, telegram, or facsimile, addressed
as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or
permitted to be given hereunder shall be deemed effective (a) upon hand delivery
or delivery by facsimile, with accurate confirmation generated by the
transmitting facsimile machine, at the address or number designated below (if
delivered on a business day during normal business hours where such notice is to
be received), or the first business day following such delivery (if delivered
other than on a business day during normal business hours where such notice is
to be received) or (b) on the second business day following the date of mailing
by express courier service, fully prepaid, addressed to such address, or upon
actual receipt of such mailing, whichever shall first occur. The addresses for
such communications shall be: (i) if to the Company to: Secured Services, Inc.,
233 Broadway, 40th Floor, New York, NY 10279, Attn: King Moore, CEO, Fax No.
(905) 339-2392 with a copy by fax only to: Morse, Zelnick, Rose & Lander, Attn:
Stephen A. Zelnick, (212) 838-9190, and (ii) if to the Holder, to the address
and fax number listed on the first paragraph of this Warrant, with a copy by fax
only to: [for 033 Asset Management only] Testa, Hurwitz & Thibeault, LLP, 125
High Street, Boston, Massachusetts 02110, Attn: Heather M. Stone, Fax No. (617)
790-0267.

      12. Miscellaneous. This Warrant and any term hereof may be changed,
waived, discharged or terminated only by an instrument in writing signed by the
party against which enforcement of such change, waiver, discharge or termination
is sought. This Warrant shall be construed and enforced in accordance with and
governed by the laws of New York. Any dispute relating to this Warrant shall be
adjudicated in New York County in the State of New York. The headings in this
Warrant are for purposes of reference only, and shall not limit or otherwise
affect any of the terms hereof. The invalidity or unenforceability of any
provision hereof shall in no way affect the validity or enforceability of any
other provision.

                                       7
<PAGE>

      IN WITNESS WHEREOF, the Company has executed this Warrant as of the date
first written above.

                           SECURED SERVICES, INC.

                           By:
                               --------------------------------------------
                                    Name:  King Moore
                                    Title: President and Chief Executive Officer

                                       8
<PAGE>

                                    Exhibit A

                              FORM OF SUBSCRIPTION
                   (to be signed only on exercise of Warrant)

TO: SECURED SERVICES, INC.

The undersigned, pursuant to the provisions set forth in the attached Warrant
(No.____), hereby irrevocably elects to purchase (check applicable box):

___ ________ shares of the Common Stock covered by such Warrant; or

___ the maximum number of shares of Common Stock covered by such Warrant
pursuant to the cashless exercise procedure set forth in Section 2.

The undersigned herewith makes payment of the full purchase price for such
shares at the price per share provided for in such Warrant, which is
$___________. Such payment takes the form of (check applicable box or boxes):

___ $__________ in lawful money of the United States; and/or

___ the cancellation of such portion of the attached Warrant as is exercisable
for a total of _______ shares of Common Stock (using a Fair Market Value of
$_______ per share for purposes of this calculation); and/or

___ the cancellation of such number of shares of Common Stock as is necessary,
in accordance with the formula set forth in Section 2, to exercise this Warrant
with respect to the maximum number of shares of Common Stock purchasable
pursuant to the cashless exercise procedure set forth in Section 2.

The undersigned requests that the certificates for such shares be issued in the
name of, and delivered to ______________________________________________________
whose address is _______________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________

The undersigned represents and warrants that all offers and sales by the
undersigned of the securities issuable upon exercise of the within Warrant shall
be made pursuant to registration of the Common Stock under the Securities Act of
1933, as amended (the "Securities Act"), or pursuant to an exemption from
registration under the Securities Act.

Dated:___________________              _________________________________________
                                       (Signature must conform to name of holder
                                       as specified on the face of the Warrant)

                                       _________________________________________
                                       _________________________________________
                                       (Address)

                                       9
<PAGE>

                                    Exhibit B

                         FORM OF TRANSFEROR ENDORSEMENT
                   (To be signed only on transfer of Warrant)

            For value received, the undersigned hereby sells, assigns, and
transfers unto the person(s) named below under the heading "Transferees" the
right represented by the within Warrant to purchase the percentage and number of
shares of Common Stock of SECURED SERVICES, INC. to which the within Warrant
relates specified under the headings "Percentage Transferred" and "Number
Transferred," respectively, opposite the name(s) of such person(s) and appoints
each such person Attorney to transfer its respective right on the books of
SECURED SERVICES, INC. with full power of substitution in the premises.

--------------------------------------------------------------------------------
Transferees            Percentage Transferred              Number Transferred
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

Dated: ____________, ______            _________________________________________
                                       (Signature must conform to name of holder
                                       as specified on the face of the warrant)

Signed in the presence of:

__________________________             _________________________________________
         (Name)                        _________________________________________
                                       (address)

ACCEPTED AND AGREED:                   _________________________________________
[TRANSFEREE]                           _________________________________________
                                        (address)

__________________________
         (Name)

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