Document:

Exhibit
      10.22
 

    NEITHER
      THIS SECURITY NOR THE SECURITY INTO WHICH THIS SECURITY IS EXERCISABLE HAVE
      BEEN
      REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES
      COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER
      THE SECURITIES ACT OF 1933, AS AMENDED, AND, ACCORDINGLY, MAY NOT BE OFFERED
      OR
      SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES
      ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT
      TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
      APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL
      TO
      THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY
      ACCEPTABLE TO THE COMPANY.

     

    Warrant
      No. W-OCT07-______

    

    Void
      after 5:00 p.m., Eastern Standard Time on October 5, 2012

    

    UNIT
      PURCHASE WARRANT

    

    DRTATTOFF,
      LLC, a California limited liability company (the “Company”),
      hereby certifies that, for value received,
      Brookshire
      Securities Corporation,
      located at 4 West Las Olas Boulevard, Eighth Floor, Ft. Lauderdale, FL
      33301
      (the
“Warrant
      Holder”)
      is the
      owner of the number of unit purchase warrants (“Warrants”)
      which
      entitles the holder thereof to purchase, at any time during the period
      commencing on the Commencement Date (as defined herein) and ending on the
      Expiration Date (as defined herein), nineteen
      thousand four hundred fifty
      (19,450)
      fully
      paid and non-assessable units of Membership Interest (as defined in the
      Company's Operating Agreement dated as of July 5, 2005, as amended to date
      (the
      "Operating Agreement")) in the Company (each a "Unit"), at a purchase price
      equal to the Exercise Price (as defined below) in lawful money of the United
      States of America in cash or securities, subject to adjustment as hereinafter
      provided. Each Unit shall include the right to receive allocations of Net
      Profits and Net Losses and distributions from the Company. 

     

    1.  WARRANT;
      EXERCISE PRICE.

     

    1.1  This
      Warrant is issued pursuant to a Placement Agent Agreement dated June 25, 2007,
      by and among the Company and Warrant Holder, pursuant to which Warrant Holder
      entered into a Selected Dealer Agreement, dated August 14, 2007, with Dawson
      James Securities, Inc.

     

    1.2  Each
      Warrant shall entitle the Warrant Holder to purchase one Unit, subject to
      adjustment as provided in Section 8 herein (individually, a “Warrant
      Unit”
      severally, the “Warrant
      Units”).
      Each
      Warrant Unit shall provide the holder of such Unit with a capital account
      balance equal to the exercise price paid for such Warrant Unit. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    1.3  The
      purchase price payable upon exercise of each Warrant (the “Exercise
      Price”)
      shall
      be $1.25 per Unit, or the equivalent thereof. Notwithstanding the foregoing,
      the
      Exercise Price and number of Warrant Units purchasable pursuant to this Warrant
      are subject to adjustment as provided in Section 8. 

     

    2.  EXERCISE
      OF WARRANT; EXPIRATION DATE.
      

     

    2.1  

     

    (a)  This
      Warrant is exercisable at any time and from time to time commencing on October
      5, 2007 (“Commencement
      Date”)
      and
      ending at 5:00 p.m., Eastern Time on the date set forth above (the “Expiration
      Date”),
      in
      whole or from time to time in part, at the option of the Warrant Holder, upon
      surrender of this Warrant to the Company together with a duly completed Notice
      of Exercise in the form attached hereto and payment of an amount equal to the
      then applicable Exercise Price multiplied by the number of Warrant Units then
      being purchased upon such exercise, except as provided in Section 2.1(b)
      hereunder. 

    

    (b) If
      the
      securities underlying this Warrant are adjusted in accordance with Section
      8(b),
      into shares of common stock (“Common Stock”) and such Common Stock is
      subsequently registered under Section 12 of the Securities Exchange Act of
      1934,
      as amended, the Warrant Holder may elect to pay all or part of the Exercise
      Price by surrendering shares of Common Stock to the Company, including by
      allowing the Company to deduct from the number of shares of Common Stock
      deliverable upon exercise of this Warrant, a number of such shares which has
      an
      aggregate Fair Market Value, determined as of the average of the last sale
      price
      (defined hereunder) of the Common Stock for the 20 consecutive trading days
      immediately preceding the date of exercise of this Warrant, equal to the
      aggregate Exercise Price. In the event that the Warrant Holder elects to utilize
      the “cashless exercise” procedure contained in Section 2.1(b), this Warrant is
      exercisable upon surrender of this Warrant to the Company together with a duly
      completed Notice of Exercise in the form attached hereto and surrender of that
      number of shares of Common Stock equal to the aggregate Exercise Price
      determined in accordance with this Section 2.1(b)(i) or (ii). “Fair Market
      Value” per share of Common Stock on any relevant date shall be determined in
      accordance with the following provisions:

    

    (i) If
      the
      Common Stock is at the time traded on the NASD OTC Bulletin Board or other
      electronic quotation service, then the Fair Market Value shall be the average
      of
      the last sale price per share of the Common Stock for the 20 consecutive trading
      days preceding the date of exercise of this Warrant; or

    

    (ii) If
      the
      Common Stock is at the time listed on any Exchange, then the Fair Market Value
      shall be the average of the last sale price per share of the Common Stock for
      the 20 consecutive trading days preceding the date of exercise of this Warrant,
      on the Exchange determined to be the primary market for the Common Stock.
      "Exchange" shall mean any organization, association, or group of persons,
      whether incorporated or unincorporated, which constitutes, maintains, or
      provides a market place or facilities for bringing together purchasers and
      sellers of securities or for otherwise performing with respect to securities
      the
      functions commonly performed by a stock exchange as that term is generally
      understood, and includes the market place and the market facilities maintained
      by such exchange.

    

    
      
        
        

      

      
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    2.2  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 2.1. At such time, the person
      or persons in whose name or names any certificates for Warrant Units shall
      be
      issuable upon such exercise as provided in Section 2.3 below shall be deemed
      to
      have become the holder or holders of record of the Warrant Units represented
      by
      such certificates.

     

    2.3  Within
      three business days after the exercise of the purchase right represented by
      this
      Warrant, the Company at its expense will use its reasonable best efforts to
      cause to be issued in the name of, and delivered to, the Warrant Holder, or,
      subject to the terms and conditions hereof, to such other individual or entity
      as such Warrant Holder (upon payment by such Warrant Holder of any applicable
      transfer taxes) may direct: 

     

    (a)  a
      certificate or certificates for the number of full Warrant Units to which such
      Warrant Holder shall be entitled upon such exercise , and 

     

    (b)  in
      case
      such exercise is in part only, a new Warrant or Warrants (dated the date hereof)
      of like tenor, stating on the face or faces thereof the number of Units
      currently stated on the face of this Warrant minus the number of such Units
      purchased by the Warrant Holder upon such exercise as provided in Section 2.2
      (in each case prior to any adjustments made thereto pursuant to the provisions
      of this Warrant).

     

    3.  REGISTRATION
      AND TRANSFER ON COMPANY BOOKS.
      

     

    3.1  The
      Company (or an agent of the Company) will maintain a register containing the
      names and addresses of the Warrant Holders. Any Warrant Holder may change its,
      his or her address as shown on the warrant register by written notice to the
      Company requesting such change. 

     

    3.2  The
      Company shall register upon its books any transfer of a Warrant upon surrender
      of same as provided in Section 5. 

     

    4.  RESERVATION
      OF UNITS.
      The
      Company will at all times reserve and keep available, solely for issuance and
      delivery upon the exercise of this Warrant, such Warrant Units and other stock,
      securities and property, as from time to time shall be issuable upon the
      exercise of this Warrant. As
      long as the Warrant shall be outstanding, the Company shall use its commercially
      reasonable efforts to cause all Warrant Units issuable upon exercise of the
      Warrants to be listed (subject to official notice of issuance) on each Exchange
      (or, if applicable on Nasdaq, NASD OTC Bulletin Board or Pink Sheets, LLC or
      any
      successor electronic quotation service and trading market) on which the
      Company's Membership Interests are then listed and/or quoted, if
      any. 

     

    
      
        
        

      

      
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    5.  EXCHANGE,
      TRANSFER, ASSIGNMENT OR LOSS OR MUTILATION OF WARRANTS.
      This Warrant is exchangeable, without expense, at the option of the Warrant
      Holder, upon presentation and surrender hereof to the Company for other warrants
      of different denominations entitling the holder thereof to purchase in the
      aggregate the same number of Units purchasable hereunder. Subject to the terms
      of Sections 6 and 7, upon surrender of this Warrant to the Company at its
      principal office or at the office of its transfer agent, if any, with the
      Assignment Form annexed hereto duly executed and funds sufficient to pay any
      transfer tax, the Company shall, without charge, execute and deliver a new
      Warrant in the name of the assignee named in such instrument of assignment
      and
      this Warrant shall be promptly canceled. Subject to the terms of Sections 6
      and
      7, this Warrant may be divided or combined with other warrants which carry
      the
      same rights upon presentation hereof at the principal office of the Company
      together with a written notice specifying the names and denominations in which
      new Warrants are to be issued and signed by the Warrant Holder hereof. The
      term
“Warrant” as used herein includes any Warrants into which this Warrant may be
      divided or exchanged. Upon receipt by the Company of reasonable evidence of
      the
      ownership of and the loss, theft, destruction or mutilation of this Warrant
      and,
      in the case of loss, theft or destruction, of indemnity reasonably satisfactory
      to the Company, or, in the case of mutilation, upon surrender and cancellation
      of the mutilated Warrant, the Company shall execute and deliver in lieu thereof
      a new Warrant of like tenor and date representing an equal number of Warrants.
      

     

    6.  LIMITATION
      ON EXERCISE AND SALES.
      

     

    (a)
       Each
      holder of this Warrant acknowledges that this Warrant and the Warrant Units
      have
      not been registered under the Securities Act, as of the date of issuance hereof.
      This Warrant only may be transferred in compliance with this Section 6 and
      Section 7. The Company shall be under no obligation to issue the Units covered
      by such exercise unless and until the Warrant Holder shall have executed the
      form of exercise annexed hereto that states that at the time of such exercise
      that it is then an “accredited investor” within the meaning of Rule 501 of
      Regulation D, is acquiring such Units for its own account, and will not transfer
      the Warrant Units unless pursuant to an effective and current registration
      statement under the Securities Act or an exemption from the registration
      requirements of the Securities Act and any other applicable restrictions, in
      which event the Warrant Holder shall be bound by the provisions of a legend
      or
      legends to such effect that shall be endorsed upon the certificate(s)
      representing the Warrant Units issued pursuant to such exercise. In such event,
      the Warrant Units issued upon exercise hereof shall be imprinted with a legend
      in substantially the form provided in Section 7(b). 

     

    (b) Warrant
      Holder represents and warrants that it is acquiring this Warrant for its own
      account, for purposes of investment, and not with a view to, or for sale in
      connection with, any distribution thereof within the meaning of the Securities
      Act and the rules and regulations promulgated thereunder. Warrant Holder
      represents, warrants and agrees that it will not sell, exercise, transfer or
      otherwise dispose of this Warrant (or any interest therein) or any of the Units
      purchasable upon exercise hereof, except pursuant to (i) an effective
      registration statement under the Securities Act and applicable state securities
      laws or (ii) an opinion of counsel, satisfactory to Company, that an exemption
      from registration under the Securities Act and such laws is available. Warrant
      Holder further acknowledges and agrees that Company is not required, legally
      or
      contractually, so to register or qualify the Warrant or such Units or to take
      any action to make such an exemption available. Warrant Holder understands
      that
      Company will be relying upon the truth and accuracy of the representations
      and
      warranties contained in this Section 6 in issuing this Warrant and such Units
      without first registering the issuance thereof under the Securities Act or
      qualifying or registering the issuance thereof under any state securities laws
      that may be applicable.

     

    
      
        
        

      

      
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    (c) Warrant
      Holder acknowledges that (i) there is not now, and there may not be in the
      future, any public market for the Warrant, (ii) although there currently is
      not
      a public trading market for the Units, there can be no assurance that any such
      market will be created and sustained, and (iii) there can be no assurance that
      Warrant Holder will be able to liquidate its investment in Company. Warrant
      Holder represents and warrants that it is familiar with and understands the
      terms and conditions of Rule 144 promulgated under the Securities
      Act.

    

    (d)
       Warrant
      Holder represents and warrants to Company that (i) it has such knowledge and
      experience in financial and business matters as is necessary to enable it to
      evaluate the merits and risks of any investments in Company and is not utilizing
      any other person to be a purchaser representative in connection with evaluation
      of such merits and risks; and (ii) it has no need for liquidity in an investment
      in Company and is able to bear the risk of that investment for an indefinite
      period and to afford a complete loss thereof.

    

    (e) Warrant
      Holder represents and warrants that it has had access to, and has been furnished
      with, all of the information it has requested from Company and has had an
      opportunity to review the books and records of Company and to discuss with
      management and members of the board of directors of Company the business and
      financial affairs of Company.

    

    (f)
       Warrant
      Holder agrees that at the time of each exercise of this Warrant, unless the
      issuance of Units issuable thereupon is pursuant to an effective registration
      statement under the Securities Act and under applicable state blue sky laws,
      Warrant Holder will provide Company with a letter embodying the representations
      and warranties set forth in subsections (b) through (e), in form and substance
      reasonably satisfactory to Company, and agrees that the certificate(s)
      representing any shares issued to it upon any exercise of this Warrant may
      bear
      such restrictive legend as Company may deem necessary to reflect the restricted
      status of such shares under the Securities Act unless Company shall have
      received from Warrant Holder an opinion of counsel to Warrant Holder, reasonably
      satisfactory in form and substance to Company and its counsel, that such
      restrictive legend is not required.

     

    7.  TRANSFER
      RESTRICTIONS.

    

    (a) If,
      at the time
      of the surrender of this Warrant in connection with any transfer of this
      Warrant, the transfer of this Warrant shall not be registered pursuant to an
      effective registration
      statement under the Securities Act
      and under
      applicable state securities or blue sky laws, the Company may require, as a
      condition of allowing such transfer (i) that the Warrant Holder or transferee
      of
      this Warrant, as the case may be, furnish to the Company a written opinion
      of
      counsel (which opinion shall be in form, substance and scope customary for
      opinions of counsel in comparable transactions and reasonably satisfactory
      to
      counsel for the Company) to the effect that such transfer may be made
      without
      registration under the
      Securities Act and under applicable state securities or blue sky laws, (ii)
      that
      the holder or transferee execute and deliver to the Company an investment letter
      in form and substance acceptable to the Company, (iii) that transferee agree
      in
      writing with the Company to be bound by the terms and conditions of this Warrant
      applicable to the Warrant Holder and (iv) that the transferee be an “accredited
      investor” as defined in Regulation D promulgated under the Securities
      Act.

     

    
      
        
        

      

      
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    (b) The
      Units
      or other securities issuable on the exercise of the Warrant shall bear the
      following legend:

     

    THESE
      SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION,
      OR THE SECURITIES COMMISSION OF ANY STATE, IN RELIANCE UPON AN EXEMPTION FROM
      REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
      ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
      EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN
      AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
      REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE
      SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR
      TO
      SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE
      COMPANY.

     

    (c) The
      Holder acknowledges that the Warrant Units acquired upon the exercise of this
      Warrant, if not registered, will have restrictions upon resale imposed by state
      and federal securities laws.

     

    8.  ADJUSTMENT
      OF EXERCISE PRICE AND NUMBER OF UNITS DELIVERABLE.
      The
      Exercise Price and the number of Warrant Units purchasable pursuant to each
      Warrant shall be subject to adjustment from time to time as hereinafter set
      forth in this Section 8: 

     

    (a)  In
      case,
      prior to the expiration of this Warrant by exercise or by its terms, the Company
      shall issue any additional units of Membership Interest as a dividend or
      subdivide the number of outstanding Units into a greater number of units of
      Membership Interest, then in either of such cases, the then applicable Exercise
      Price per Warrant Unit purchasable pursuant to this Warrant in effect at the
      time of such action shall be proportionately reduced and the number of Warrant
      Units at that time purchasable pursuant to this Warrant shall be proportionately
      increased; and conversely, in the event the Company shall reduce the number
      of
      outstanding units of Membership Interest by combining such units into a smaller
      number of units of Membership Interest then, in such case, the then applicable
      Exercise Price per Warrant Unit purchasable pursuant to this Warrant in effect
      at the time of such action shall be proportionately increased and the number
      of
      Warrant Units at that time purchasable pursuant to this Warrant shall be
      proportionately decreased. If the Company shall, at any time during the life
      of
      this Warrant, declare a dividend payable in cash on its Membership Interest
      and
      shall at substantially the same time offer to its stockholders a right to
      purchase new units of Membership Interest from the proceeds of such dividend
      or
      for an amount substantially equal to the dividend, all units of Membership
      Interest so issued shall, for the purpose of this Warrant, be deemed to have
      been issued as a dividend. Any dividend paid or distributed upon the Membership
      Interests in units of any other class of securities convertible into units
      of
      Membership Interest shall be treated as a dividend paid in units of Membership
      Interest to the extent that units of Membership Interest are issuable upon
      conversion thereof.

     

    
      
        
        

      

      
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    (b)  In
      case,
      prior to the expiration of this Warrant by exercise or by its terms, the Company
      shall be recapitalized by reclassifying its outstanding units of Membership
      Interest, (or the Company or a successor corporation shall consolidate or merge
      with or convey all or substantially all of its or of any successor corporation’s
      property and assets to any other corporation or corporations (any such other
      corporations being included within the meaning of the term “successor
      corporation” hereinbefore used in the event of any consolidation or merger of
      any such other corporation with, or the sale of all or substantially all of
      the
      property of any such other corporation to, another corporation or corporations),
      then, as a condition of such recapitalization, consolidation, merger or
      conveyance, lawful and adequate provision shall be made whereby the holder
      of
      this Warrant shall thereafter have the right to purchase, upon the basis and
      on
      the terms and conditions specified in this Warrant, in lieu of the Warrant
      Units
      theretofore purchasable upon the exercise of this Warrant, such shares of stock,
      securities or assets, as may be issued or payable with respect to, or in
      exchange for, the number of Warrant Units theretofore purchasable upon the
      exercise of this Warrant had such recapitalization, consolidation, merger,
      or
      conveyance not taken place, and the exercise price for which shall have been
      appropriately adjusted to reflect the number of securities which the Warrant
      Holder is entitled to purchase in exchange for such Warrant; and in any such
      event, the rights of the Warrant Holder to any adjustment in the number of
      Warrant Units purchasable upon the exercise of this Warrant, as herein provided,
      shall continue and be preserved in respect of any stock which the Warrant Holder
      becomes entitled to purchase.

     

    (c)  In
      case
      the Company at any time while this Warrant shall remain unexpired and
      unexercised shall sell all or substantially all of its property or dissolve,
      liquidate, or wind up its affairs, lawful provision shall be made as part of
      the
      terms of any such sale, dissolution, liquidation or winding up, so that the
      holder of this Warrant may thereafter receive upon exercise hereof in lieu
      of
      each Warrant Unit that it would have been entitled to receive, the same kind
      and
      amount of any securities or assets as may be issuable, distributable or payable
      upon any such sale, dissolution, liquidation or winding up with respect to
      each
      Unit of the Company, provided, however, that in any case of any such sale or
      of
      dissolution, liquidation or winding up, the right to exercise this Warrant
      shall
      terminate on a date fixed by the Company; such date so fixed to be not earlier
      than 5:00 p.m., Eastern Time, on the forty-fifth day next succeeding the date
      on
      which notice of such termination of the right to exercise this Warrant has
      been
      given by mail to the registered holder of this Warrant at its address as it
      appears on the books of the Company.

     

    
      
        
        

      

      
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    9.  VOLUNTARY
      ADJUSTMENT BY THE COMPANY.
      The
      Company may, at its option, at any time during the term of the Warrants, reduce
      the then current Exercise Price to any amount deemed appropriate by the Managing
      Members of the Company and/or extend the date of the expiration of the Warrants.
      

     

    10.  RIGHTS
      OF THE HOLDER.
      The
      Warrant Holder shall not, by virtue hereof, be entitled to any rights of a
      member in the Company, either at law or equity, and the rights of the Warrant
      Holder are limited to those expressed in this Warrant and are not enforceable
      against the Company except to the extent set forth herein. This Warrant does
      not
      entitle the Holder to any voting rights or other rights as a member of the
      Company prior to the Exercise Date and then only with respect to the Warrant
      Units to be issued with respect thereto. 

     

    11.  NOTICES
      OF RECORD DATE.
      In
      case: 

     

    (a)  the
      Company shall take a record of the holders of its Units (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, or to receive any right to subscribe for or purchase any
      Membership Interests or any other securities, or to receive any other right,
      or

     

    (b)  of
      any
      capital reorganization of the Company, any reclassification of the equity
      capital of the Company, any consolidation or merger of the Company with or
      into
      a corporation or other entity (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 Warrant
      Holder 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 Units (or such other stock or securities at the time deliverable
      upon
      the exercise of this Warrant) shall be entitled to exchange their Units (or
      such
      other stock or securities) for securities or other property deliverable upon
      such reorganization, reclassification, consolidation, merger, transfer,
      dissolution, liquidation or winding-up. Such notice shall be mailed at least
      ten
      days prior to the record date or effective date for the event specified in
      such
      notice, provided that the failure to mail such notice shall not affect the
      legality or validity of any such action. 

     

    12.  REGISTRATION
      RIGHTS.
      The
      Warrant Holder is entitled to the registration rights set forth in Annex
      A
      attached
      hereto and made a part hereof.

     

    13.  SUCCESSORS.
      The
      rights and obligations of the parties to this Warrant will inure to the benefit
      of and be binding upon the parties hereto and their respective heirs,
      successors, assigns, pledgees, transferees and purchasers. 

     

    
      
        
        

      

      
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    14.  CHANGE
      OR WAIVER.
      Any
      term of this Warrant may be changed or waived only by an instrument in writing
      signed by the party against whom enforcement of the change 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. Wherever
      possible, each provision of this Warrant shall be interpreted in such manner
      as
      to be effective and valid under applicable law, but if any provision of this
      Warrant shall be prohibited by or invalid under applicable law, such provision
      shall be ineffective to the extent of such prohibition or invalidity, without
      invalidating the remainder of such provisions or the remaining provisions of
      this Warrant.

     

    16.  GOVERNING
      LAW.
      This
      Warrrant shall be governed by and construed in accordance with the laws of
      the
      State of California. Any action or litigation brought by either party against
      the other concerning the transactions contemplated by this Warrant shall be
      brought only in the state courts or in the federal courts located in the state
      of California prevailing party shall be entitled to recover from the other
      party
      its reasonable attorney’s fees and costs.

     

    17.  MAILING
      OF NOTICES, ETC.
      All
      notices and other communications required or permitted hereunder shall be in
      writing and shall be deemed to have been duly given one (1) business day after
      delivery to an overnight carrier with instructions to deliver to the applicable
      address set forth below, or, if sent by facsimile, upon receipt of a
      confirmation of delivery: 

     

    
      	 	Registered
              Holder:	To his or her last known address as
              indicated
              on the Company’s books and records.
	 	
            	 	
            
	 	The Company:	DrTattoff, LLC
	 	
            	 	8500 Wilshire Blvd, 
	 	
            	 	Beverly Hills CA 90211
	 	
            	 	Attention:
              James Morel, President
	 	
            	 	Fax: 310-659-4159

    

     

     

    [Signature
      Page Follows]

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Company has caused this Warrant to be signed by its duly
      authorized officer as of the date first written above.

     

    DR.
      TATTOFF, LLC

     

    By: /s/
      James
      Morel                                  

    Name:
      James Morel

    Title:
      CEO

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    Notice
      of Exercise

    To
      Be
      Executed by the Warrant Holder

    In
      Order
      to Exercise Warrants

    

    TO:
      Dr.
      Tattoff, LLC

    

    The
      undersigned hereby: (1) irrevocably subscribes for and offers to purchase
      _______ Units (“Units”),
      of
      DrTattoff, LLC, pursuant to Warrant No. ___ heretofore issued to
      ___________________ on October 5, 2007 and (2) encloses a cash payment of
      $__________ representing the aggregate exercise price for such Units.

    

    

    The
      undersigned hereby represents and warrants to the Company that it is an
“Accredited Investor” within the meaning of Rule 501 of Regulation D promulgated
      under the Securities Act of 1933, as amended (the “Securities
      Act”),
      and is acquiring these securities for its own account and not with a view to,
      or
      for sale in connection with, any distribution thereof, nor with any present
      intention of distributing or selling the same. The undersigned further
      represents that it does not have any contract, agreement, understanding or
      arrangement with any person to sell, transfer or grant the Units issuable under
      this Warrant. The undersigned understands that the shares it will be receiving
      are “restricted securities” under Federal securities laws inasmuch as they are
      being acquired from DrTattoff, LLC, in transactions not including any public
      offering and that under such laws, such shares may only be sold pursuant to
      an
      effective and current registration statement under the Securities Act or an
      exemption from the registration requirements of the Securities Act and any
      other
      applicable restrictions, in which event a legend or legends will be placed
      upon
      the certificate(s) representing the Units issuable under this Warrant denoting
      such restrictions. The undersigned understands and acknowledges that the Company
      will rely on the accuracy of these representations and warranties in issuing
      the
      securities underlying the Warrant.

    

    [warrant
      notice of exercise signature page to follow]

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    Exhibit
      10.22

     

    [warrant
      notice of exercise signature page]

    

    Date:  ________________________________________________________________________

    

    Warrant
      Holder Name: __________________________________________________________

    

    Taxpayer
      Identification Number: ____________________________________________________

    

    By:
      ________________________________________________________________________________

    

    Printed
      Name: _________________________________________________________________

    

    Title:  ________________________________________________________________________

    

    Address:
       ________________________________________________________________________

     

    Note:
      The
      above signature should correspond exactly with the name on the face of this
      Warrant or with the name of assignee appearing in assignment form below.

    

    AND,
      if
      said number of shares shall be less than the total number of shares purchasable
      under the Warrant, a new Warrant is to be issued in the name of said undersigned
      for the balance remaining of the shares purchasable thereunder less any fraction
      of a share paid in cash and delivered to the address stated above.

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    ASSIGNMENT
      FORM

    To
      be
      executed by the Warrant Holder

    In
      order
      to Assign Warrants

    

    FOR
      VALUE
      RECEIVED,____________________________________ hereby sell, assigns and transfer
      unto

     

    PLEASE
      INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER

     

    
      	 

    

     

      
        

      

    

     

      
        

      

    

     

      
        

      

    

    (Please
      print or type name and address)

     

    ______________________
      of the Warrants represented by this Warrant, and hereby irrevocably constitutes
      and appoints ________________________ Attorney to transfer this Warrant on
      the
      books of the Company, with full power of substitution in the
      premises.

     

    
      	Dated:______________________  	 	_______________________________
	
            	 	(Signature of Registered
              Holder)

    

     

    In
      addition to executing this Assignment Form, the Warrant Holder and the
      transferee must comply with the other requirements for transfer set forth in
      Sections 6 and 7 of the Warrant.

    

     

    CERTIFICATION
      OF STATUS OF TRANSFEREE

    TO
      BE EXECUTED BY THE TRANSFEREE OF THIS WARRANT

    

    The
      undersigned transferee hereby certifies to the registered holder of this Warrant
      and to DR. TATTOFF, LLC that the transferee is an “accredited investor” within
      the meaning of Rule 501 of Regulation D promulgated under the Securities Act
      of
      1933, as amended.

    
       

      
        	Dated:______________________  	 	_______________________________
	
              	 	(Signature of
                Transferee)

      

    

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

     

    ANNEX
      A

    

    REGISTRATION
      RIGHTS

    

    1. DEFINITIONS.
      Capitalized terms used and not otherwise defined herein that are defined in
      the
      Warrant shall have the meanings given such terms in the Warrant. As used herein,
      the following terms shall have the following meanings:

     

    “Commission”
means
      the Securities and Exchange Commission.

    

    “Demand
      Registration”
is
      defined in Section 2.1.1.

     

    “Demanding
      Holder”
is
      defined in Section 2.1.1.

     

    “Exchange
      Act”
means
      the Securities Exchange Act of 1934, as amended, and any successor
      statute.

     

    “Holder”
or
      “Holders”
means
      the Warrant Holder or Holders to the extent any of them hold Registrable
      Securities.

     

    “Indemnified
      Party”
shall
      have the meaning set forth in Section 5.2.

     

    “Indemnifying
      Party”
shall
      have the meaning set forth in Section 5.2.

     

    “Piggy-Back
      Registration”
is
      defined in Section 2.2.1.

     

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

     

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

     

    “Registrable
      Securities”
means
      the shares of Common Stock issuable upon exercise of the Warrants, or other
      securities of the Company or any other issuer or issuable in respect of such
      shares (because of stock splits, stock dividends, reclassifications,
      recapitalizations, mergers, combinations or similar events, if applicable);
      provided, however, that the shares of Common Stock which are Registrable
      Securities shall cease to be Registrable Securities upon any sale or transfer
      of
      such shares pursuant to a Registration Statement, Section 4(1) of the Securities
      Act, Rule 144 under the Securities Act or otherwise.

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

     

    “Registration
      Statement”
means
      a
      registration statement filed by the Company with the Commission on any
      registration form prescribed by the Commission permitting a secondary offering
      or distribution, other than on Form S-4, Form S-8 or similar forms.

     

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

     

    “Securities
      Act”
means
      the Securities Act of 1933, as amended, and any successor statute.

     

    “Trading
      Market”
means
      any of the Pink Sheets LLC electronic quotation service, NASD OTC Bulletin
      Board, NASDAQ Global Select Market, NASDAQ Global Market, NASDAQ Capital Market,
      American Stock Exchange or the New York Stock Exchange.

     

    “Warrants”
means
      the Unit purchase warrants issued by the Company.

     

    2. REGISTRATION
      RIGHTS.

     

    2.1 Demand
      Registration.

     

    2.1.1 Request
      for Registration. At any time and from time to time, the Holder or the permitted
      transferees of the Holder, may make a written demand for registration under
      the
      Securities Act (“Demanding Holder”) of all or part of their Registrable
      Securities (a “Demand Registration”). Any demand for a Demand Registration shall
      specify the number of shares of Registrable Securities proposed to be sold
      and
      the intended method(s) of distribution thereof. Upon any such request, the
      Demanding Holder shall be entitled to have their Registrable Securities included
      in the Demand Registration, subject to Section 2.2.2. The Company shall not
      be
      obligated to effect more than one (1) Demand Registration under this Section
      2.1.1 in respect of Registrable Securities.

     

    2.1.2 Effective
      Registration. A registration will not count as a Demand Registration until
      the
      Registration Statement filed with the Commission with respect to such Demand
      Registration has been declared effective and the Company has complied with
      all
      of its obligations under this Agreement with respect thereto; provided, however,
      that if, after such Registration Statement has been declared effective, the
      offering of Registrable Securities pursuant to a Demand Registration is
      interfered with by any stop order or injunction of the Commission or any other
      governmental agency or court, the Registration Statement with respect to such
      Demand Registration will be deemed not to have been declared effective, unless
      and until, (i) such stop order or injunction is removed, rescinded or otherwise
      terminated, and (ii) the Demanding Holder thereafter elects to continue the
      offering; provided, further, that the Company shall not be obligated to file
      a
      second Registration Statement until a Registration Statement that has been
      filed
      is counted as a Demand Registration or is terminated or withdrawn.

     

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

    

    2.1.3 Withdrawal.
      If the Demanding Holder disapproves of the terms of any underwriting or is
      not
      entitled to include all of their Registrable Securities in any offering, such
      Demanding Holder may elect to withdraw from such offering by giving written
      notice to the Company and the underwriter(s) of their request to withdraw prior
      to the effectiveness of the Registration Statement filed with the Commission
      with respect to such Demand Registration. If the Demanding Holder withdraws
      from
      a proposed offering relating to a Demand Registration, then such registration
      shall not count as a Demand Registration provided for in Section
      2.1.1

     

    2.2
      Piggyback
      Registration.
      

     

    2.2.1
      At
      any
      time and from time to time during the Warrant exercise period, whenever the
      Company proposes to file a Registration Statement, the Company will prior to
      such filing give written notice to Holder of its intention to do so and, upon
      the written request of Holder given within ten (10) days after the Company
      provides such notice, the Company shall use its good faith efforts to cause
      all
      Registrable Securities which the Company has been requested by Holder to
      register to be registered under the Securities Act to the extent necessary
      to
      permit their sale or other disposition in accordance with the intended methods
      of distribution specified in the request of Holder; provided that the Company
      shall have the right to postpone or withdraw any registration effected pursuant
      to this Section 2 without obligation or liability to Holder. In the Holder’s
      request, the Holder will be required to describe briefly its proposed
      disposition of the Registrable Securities. However, in connection with any
      registration under Section 2, the Holder’s Registrable Securities shall be
      junior and subordinate to any registration rights granted by the Company which
      are already outstanding, and any senior registration rights granted by the
      Company in the future. 

    

    2.2.2 In
      connection with any registration under Section 2 involving an underwritten
      offering of the Company’s securities, the Company shall not be required to
      include any Registrable Securities in such underwriting unless Holder accepts
      the terms of the underwriting as agreed upon between the Company and the
      underwriters selected by it, and then only in such quantity as will not, in
      the
      sole discretion of the underwriters, jeopardize the success of the offering
      by
      the Company. If in the sole discretion of the managing underwriter or
      underwriters the registration of all, or part of, the Registrable Securities
      which Holder has requested to be included would adversely affect such public
      offering, then the Company shall be required to include in the underwriting
      only
      that number of Registrable Securities, if any, which the managing underwriter
      or
      underwriters believe may be sold without causing such adverse effect. If the
      number of Registrable Securities to be included in the underwriting in
      accordance with the foregoing is less than the total number of shares which
      Holder has requested to be included, then Holder and each participant other
      than
      the Company in such underwriting shall participate in the underwriting pro
      rata
      based upon their total ownership of Registrable Securities. Any such limitation
      shall be imposed in such manner so as to avoid any diminution in the number
      of
      shares the Company may register for sale by giving first priority for the shares
      to be registered for issuance and sale by the Company and the underwriter,
      and
      by giving second priority for the shares to be registered for sale by any holder
      of Registrable Securities pursuant to the terms of this Agreement.

     

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

     

    2.2.3 In
      connection with any registration under Section 2 involving a selling stockholder
      registration statement or any other registration statement not involving an
      underwritten offering of the Company’s securities, the Company reserves the
      right to include only that number of Registrable Securities, if any, as it
      shall
      determine in its sole discretion, may be sold without jeopardizing the success
      of the offering or having an adverse effect on the offering. If the number
      of
      Registrable Securities to be included in the offering in accordance with the
      foregoing is less than the total number of shares which Holder has requested
      to
      be included, then Holder and each participant other than the Company in such
      offering shall participate in the offering pro rata based upon their total
      ownership of Registrable Securities. Any such limitation shall be imposed in
      such manner so as to avoid any diminution in the number of shares the Company
      may register for sale by giving first priority for the shares to be registered
      for issuance and sale by the Company, and by giving second priority for the
      shares to be registered for sale by any holder of Registrable Securities
      pursuant to the terms of this Agreement.

     

    2.2.4
       Withdrawal. Any
      holder of Registrable Securities may elect to withdraw such holder’s request for
      inclusion of Registrable Securities in any Piggy-Back Registration by giving
      written notice to the Company of such request to withdraw prior to the
      effectiveness of the Registration Statement. The Company may also elect to
      withdraw a registration statement at any time prior to the effectiveness of
      the
      Registration Statement. Notwithstanding any such withdrawal, the Company shall
      pay all expenses incurred by the holders of Registrable Securities in connection
      with such Piggy-Back Registration as provided in Section 4.

     

    3. REGISTRATION
      PROCEDURES. 

     

    3.1
      When
      the
      Company proposes to effect the registration of any of the Registrable Securities
      under the Securities Act, the Company shall: 

     

    3.1.1
      furnish
      to the Holder such number of copies of the Registration Statement and the
      Prospectus included therein (including each preliminary Prospectus) as the
      Holder reasonably may request to facilitate the public sale or disposition
      of
      the Registrable Securities covered by the Registration Statement;

     

    3.1.2
      use
      its
      commercially reasonable efforts to register or qualify the Holder’s Registrable
      Securities covered by the Registration Statement under the securities or “blue
      sky” laws of such jurisdictions within the United States as the Holder may
      reasonably request, provided, however, that the Company shall not for any such
      purpose be required to qualify generally to transact business as a foreign
      corporation in any jurisdiction where it is not so qualified or to consent
      to
      general service of process in any such jurisdiction; and

     

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    

     

    3.1.3
      list
      the
      Registrable Securities covered by the Registration Statement with any Trading
      Market on which the Common Stock of the Company is then listed.

     

    4.
      REGISTRATION
      EXPENSES.
      All
      expenses relating to the Company’s compliance with Sections 2 and 3 hereof,
      including, without limitation, all registration and filing fees, printing
      expenses, fees and disbursements of counsel and independent public accountants
      for the Company, fees and expenses (including reasonable counsel fees) incurred
      in connection with complying with state securities or “blue sky” laws, fees of
      the NASD, transfer taxes, fees of transfer agents and registrars are called
      “Registration Expenses”. All selling commissions applicable to the sale of
      Registrable Securities, including any fees and disbursements of any counsel
      to
      the Holders, are called “Selling Expenses” and shall be the responsibility of
      the Holder. The Company shall only be responsible for all Registration
      Expenses.

     

    5.
      INDEMNIFICATION.

     

    5.1
      In
      the
      event of a registration of the Registrable Securities, the Holder (subject
      to
      the provisions of Section 5.2) will indemnify and hold harmless the Company,
      and
      its officers, directors and each other person, if any, who controls the Company
      within the meaning of the Securities Act, against all losses, claims, damages
      or
      liabilities, joint or several, to which the Company or such persons may become
      subject under the Securities Act, the Exchange Act or otherwise, insofar as
      such
      losses, claims, damages or liabilities (or actions in respect thereof) arise
      out
      of or are based upon: (i) any untrue statement or alleged untrue statement
      of any material fact which was furnished in writing by the Holder to the Company
      expressly for use in (and such information is contained in) the Registration
      Statement under which such Registrable Securities were registered under the
      Securities Act pursuant to the Warrant, any preliminary Prospectus or final
      Prospectus contained therein, or any amendment or supplement thereof, or arise
      out of or are based upon the omission or alleged omission to state therein
      a
      material fact required to be stated therein or necessary to make the statements
      therein not misleading, and will reimburse the Company and each such person
      for
      any reasonable legal or other expenses incurred by them in connection with
      investigating or defending any such loss, claim, damage, liability or action,
      provided, however, that such Holder will be liable in any such case if and
      only
      to the extent that any such loss, claim, damage or liability arises out of
      or is
      based upon said Holder’s untrue statement or alleged untrue statement or
      omission or alleged omission so made in conformity with information furnished
      in
      writing to the Company by or on behalf of said Holder specifically for use
      in
      any such document, or (ii) in connection with a Holder’s sale of
      Registrable Securities, including without limitation alleged violations of
      Regulation M. Notwithstanding the provisions of this paragraph, no Holder shall
      be required to indemnify any person or entity in excess of the amount of the
      aggregate net proceeds received by said Holder in respect of Registrable
      Securities in connection with any such registration under the Securities
      Act.

     

    5.2
      Promptly
      after receipt by a party entitled to claim indemnification hereunder (an
“Indemnified Party”) of notice of the commencement of any action, such
      Indemnified Party shall, if a claim for indemnification in respect thereof
      is to
      be made against a party hereto obligated to indemnify such Indemnified Party
      (an
“Indemnifying Party”), notify the Indemnifying Party in writing thereof, but the
      omission so to notify the Indemnifying Party shall not relieve it from any
      liability which it may have to such Indemnified Party other than under this
      Section 5.2 and shall only relieve it from any liability which it may have
      to
      such Indemnified Party under this Section 5.2 if and to the extent the
      Indemnifying Party is prejudiced by such omission. In case any such action
      shall
      be brought against any Indemnified Party and it shall notify the Indemnifying
      Party of the commencement thereof, the Indemnifying Party shall be entitled
      to
      participate in and, to the extent it shall wish, to assume and undertake the
      defense thereof with counsel reasonably satisfactory to such Indemnified Party,
      and, after notice from the Indemnifying Party to such Indemnified Party of
      its
      election so to assume and undertake the defense thereof, the Indemnifying Party
      shall not be liable to such Indemnified Party under this Section 5.2 for any
      legal expenses subsequently incurred by such Indemnified Party in connection
      with the defense thereof; if the Indemnified Party retains its own counsel,
      then
      the Indemnified Party shall pay all fees, costs and expenses of such counsel,
      provided, however, that, if the defendants in any such action include both
      the
      Indemnified Party and the Indemnifying Party and if counsel shall have
      reasonably concluded that there may be reasonable defenses available to the
      Indemnified Party which are different from or additional to those available
      to
      the Indemnifying Party or if the interests of the Indemnified Party reasonably
      may be deemed to conflict with the interests of the Indemnifying Party in either
      case which would prohibit such counsel from representing both parties under
      applicable conflicts of interest rules of professional ethics, the Indemnified
      Party shall have the right to select one separate counsel and to assume such
      legal defenses and otherwise to participate in the defense of such action,
      with
      the reasonable expenses and fees of such separate counsel and other expenses
      related to such participation to be reimbursed by the Indemnifying Party as
      incurred. Neither party shall settle any proceeding for which indemnification
      is
      sought without the written consent of the other party, which shall not be
      unreasonably withheld.

     

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    

     

    5.3
       Notwithstanding
      any provision herein to the contrary, each Holder shall be treated individually
      and separately from all other Holders under this Section 5, and will not become
      the subject of any obligation under this Section 5 as a result of any action,
      failure to act, statement, omission, or otherwise of any other Holder
      hereunder.

    

    
      
        
        

      

      
        19Exhibit
      10.23

     

    SUBSCRIPTION
      AGREEMENT

     

    This
      Subscription Agreement (this “Agreement”)
      is
      dated as of August ___, 2007, by and among DRTATTOFF, LLC., a California
      limited liability company (the “Company”),
      and
      the purchaser identified on the signature page hereto (each, a “Purchaser”
      ).

     

    WHEREAS,
      subject to the terms and conditions set forth in this Agreement and pursuant
      to
      Section 4(2) of the Securities Act of 1933, as amended (the “Securities
      Act”),
      and
      Rule 506 promulgated thereunder, the Company desires to issue and sell to each
      Purchaser, and each Purchaser, severally and not jointly, desires to purchase
      from the Company, securities of the Company as more fully described in this
      Agreement.

     

    NOW,
      THEREFORE, IN CONSIDERATION of the mutual covenants contained in this Agreement,
      and for other good and valuable consideration the receipt and adequacy of which
      are hereby acknowledged, the Company and each Purchaser agrees as
      follows:

     

    ARTICLE
      I

    DEFINITIONS

     

    1.1 Definitions.
      In
      addition to the terms defined elsewhere in this Agreement, the following terms
      have the meanings indicated in this Section 1.1:

     

    “Affiliate”
means
      any Person that, directly or indirectly through one or more intermediaries,
      controls or is controlled by or is under common control with a Person, as such
      terms are used in and construed under Rule 144 under the Securities Act.
With
      respect to a Purchaser, any investment fund or managed account that is managed
      on a discretionary basis by the same investment manager as such Purchaser will
      be deemed to be an Affiliate of such Purchaser.

     

    “Closing”
means
      the closing of the purchase and sale of the Securities pursuant to Section
      2.1.
      The
      Company may effect more than one Closing.

     

    “Closing
      Date”
means
      the day selected by the Company after all of the Transaction Documents have
      been
      executed and delivered by the Purchaser, and all conditions precedent to the
      parties’ obligations under this Agreement have been satisfied or
      waived.
      The
      Company may have more than one Closing Date.

     

    “Commission”
means
      the U.S. Securities and Exchange Commission.

     

    “including”
means
      including, without limitation.

     

    “Memorandum”
means
      the Company’s Confidential Private Placement Memorandum, dated as of August ___,
      2007with respect to the offering contemplated hereby. 

     

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

     

    
      
        
        

      

      
        C-1

        
          

        

      

      
        
        

      

       

    

    “Rule
      144”
means
      Rule 144 promulgated by the Commission pursuant to the Securities Act, as such
      Rule may be amended from time to time, or any similar rule or regulation
      hereafter adopted.

     

    “Securities”
means
      the Units and Warrants issuable under
      the
      Transaction Documents.

     

    “Transaction
      Documents”
means
      this Agreement and any other documents or agreements executed in connection
      with
      the transactions contemplated hereunder.

     

    “Units”
means
      the units of membership interests of the Company, and any securities into which
      such units shall hereinafter have been reclassified into.

     

    ARTICLE
      II

    SECURITIES

     

    2.1 Closing.
      On the
      Closing Date, upon the terms and subject to the conditions set forth herein,
      the
      Company agrees to deliver, and each Purchaser agrees to accept the number of
      shares of the Securities set forth opposite the Purchaser’s name on the
      signature page hereto. The Company shall deliver to the Purchaser the
      Purchaser’s respective Units as determined pursuant to the terms set forth in
      the Memorandum and the other items set forth in Section 2.2 at the Closing.
      Upon
      satisfaction of the conditions set forth in Section 2.2, the Closing shall
      occur
      at the offices of the Company, or such other location as the parties shall
      mutually agree. The Company may enter into Transaction Documents (including
      a
      Subscription Agreement) with other purchasers with respect to the Securities
      offered hereby. Each set of Transaction Documents shall be identical in all
      material respects except as to the identities of the respective Purchasers,
      the
      amount of Securities to be purchased and the date of execution and closing.
      The
      Company may have more than one Closing and Closing Date with respect to such
      other Transaction Documents.

     

    2.2 Deliveries.

     

    (a) On
      the
      Closing Date, the Company shall deliver or cause to be delivered to the
      Purchaser the following:

     

    (i) this
      Agreement duly executed by the Company; and

     

    (ii) a
      certificate evidencing a number of Units subscribed for; 

     

    (iii) a
      warrant
      evidencing a number of warrant Units subscribed for;

     

    (b) On
      the
      Closing Date, each Purchaser shall deliver or cause to be delivered the
      following: 

     

    (i) this
      Agreement duly executed by such Purchaser; and

     

    (ii) an
      Accredited
      Investor Questionnaire completed by the Purchaser and
      reasonably satisfactory to counsel for the Company.

     

    
      
        
        

      

      
        C-2

        
          

        

      

      
        
        

      

    

     

    2.3 Closing
      Conditions.

     

    (a) The
      obligations of the Company hereunder in connection with the Closing are subject
      to the following conditions being met:

     

    (i) the
      accuracy in all material respects when made and on the Closing Date (except
      for
      representations and warranties made as of a specific date, which must
      be
      accurate in all material respects as of such date) of the representations and
      warranties of the Purchaser contained herein and in the Accredited Investor
      Questionnaire attached hereto as Exhibit A;

     

    (ii) all
      obligations, covenants and agreements of the Purchaser required to be performed
      at or prior to the Closing Date shall have been performed; and

     

    (iii) the
      delivery by the Purchaser of the items set forth in Section 2.2(b) of this
      Agreement.

     

    (b) The
      respective obligations of the Purchaser hereunder in connection with the Closing
      are subject to the following conditions being met:

     

    (i) all
      obligations, covenants and agreements of the Company required to be performed
      at
      or prior to the Closing Date shall have been performed; and

     

    (ii) the
      delivery by the Company of the items set forth in Section 2.2(a) of this
      Agreement.

     

    ARTICLE
      III

    REPRESENTATIONS
      AND WARRANTIES

     

    3.1 Representations
      and Warranties of the Purchaser.
      Each
      Purchaser hereby, for itself and for no other Purchaser, represents and warrants
      as of the date hereof and as of the Closing Date to the Company as
      follows:

     

    (a) Organization;
      Authority.
      If the
      Purchaser is an entity, such Purchaser is an entity duly organized, validly
      existing and in good standing under the laws of the jurisdiction of its
      organization with full right, corporate or partnership power and authority
      to
      enter into and to consummate the transactions contemplated by the Transaction
      Documents and otherwise to carry out its obligations thereunder. The execution,
      delivery and performance by such Purchaser of the transactions contemplated
      by
      this Agreement have been duly authorized by all necessary corporate, if
      applicable, or similar action on the part of such Purchaser. Each Transaction
      Document to which it is a party has been duly executed by such Purchaser, and
      when delivered by such Purchaser in accordance with the terms hereof, will
      constitute the valid and
      legally binding obligation of such Purchaser, enforceable against it in
      accordance with its terms, except (i) as limited by general equitable principles
      and applicable bankruptcy, insolvency, reorganization, moratorium and other
      laws
      of general application affecting enforcement of creditors’ rights generally,
      (ii) as limited by laws relating to the availability of specific performance,
      injunctive relief or other equitable remedies and (iii) insofar as
      indemnification and contribution provisions may be limited by applicable
      law.

     

    
      
        
        

      

      
        C-3

        
          

        

      

      
        
        

      

       

    

    (b) Purchaser
      Representation.
      Such
      Purchaser understands that the Securities are “restricted securities” and have
      not been registered under the Securities Act or any applicable state securities
      law and is acquiring the Securities as principal for the Purchaser’s own account
      for investment and not with a view to,
      or for
      sale in connection with, any distribution of such Securities or any part
      thereof, has no present intention of distributing any of such Securities and
      has
      no arrangement or understanding with any other Persons regarding the
      distribution of such Securities. Such Purchaser is acquiring the Securities
      hereunder in the ordinary course of the Purchaser’s business. Such Purchaser
      does not have any agreement or understanding, directly or indirectly, with
      any
      Person to distribute any of the Securities.

     

    (c) Purchaser
      Status.
      At the
      time such Purchaser was offered the Securities, the Purchaser was, and at the
      date hereof the Purchaser is, an
      “accredited investor” as defined in
      Regulation D under
      the
      Securities Act. 

     

    (d) Experience
      of Such Purchaser.
      Such
      Purchaser, either alone or together with the Purchaser’s representatives, has
      such knowledge, sophistication and experience in business and financial matters
      so as to be capable of evaluating the merits and risks of the prospective
      investment in the Securities,
      and has
      so evaluated the merits and risks of such investment. Such Purchaser is able
      to
      bear the economic risk of an investment in the Securities, has no need for
      liquidity with respect to the Purchaser’s investment and, at the present time,
      is able to afford a complete loss of such investment.

     

    (e) General
      Solicitation.
      Such
      Purchaser is not purchasing the Securities as a result of any advertisement,
      article, notice or other communication regarding the Securities, published
      in
      any newspaper, magazine or similar media or broadcast over television or radio
      or presented at any seminar or any other general solicitation or general
      advertisement.

     

    (f) Purchaser
      Investigation.
      Such
      Purchaser has had the opportunity to request and receive all information deemed
      necessary by the Purchaser to evaluate an investment in the Company. The
      Purchaser confirms that the Company has made available to the Purchaser the
      opportunity to ask questions of, and receive answers from the Company concerning
      the terms and conditions of the Securities and the nature of the business of
      the
      Company, and to obtain additional information or documents which the Company
      possesses or can acquire without unreasonable effort or expense. In formulating
      the decision to acquire the Securities, the Purchaser has relied solely upon
      the
      Purchaser’s own advisors and the Purchaser’s own independent investigation of
      the Company with respect to this Agreement and the nature and effect of any
      investment in the Securities as well as the information contained, or
      incorporated by reference, in the Company’s Memorandum.

     

    (g) Certain
      Fees.
      No
      brokerage or finder’s fees or commissions are or will be payable to any broker,
      financial advisor or consultant, finder, placement agent, investment banker,
      bank or other Person with respect to the transactions contemplated by this
      Agreement based upon arrangements made by the Purchaser or any of the
      Purchaser’s Affiliates. The Company shall have no obligation with respect to any
      fees or with respect to any claims made by or on behalf of any Person for fees
      of a type contemplated in this Section that may be due in connection with the
      transactions contemplated by this Agreement based upon arrangements made by
      any
      Purchaser or any of the Purchaser’s Affiliates.

     

    
      
        
        

      

      
        C-4

        
          

        

      

      
        
        

      

    

     

    ARTICLE
      IV

    OTHER
      AGREEMENTS OF THE PARTIES

     

    4.1 Transfer
      Restrictions.

     

    (a) The
      Securities may only be disposed of in compliance with state and federal
      securities laws. In connection with any transfer of Securities other than
      pursuant to an effective registration statement, the Company may require the
      transferor thereof to provide to the Company an opinion of counsel selected
      by
      the transferor and reasonably acceptable to the Company, the form and substance
      of which opinion shall be reasonably satisfactory to the Company, to the effect
      that such transfer does not require registration of such transferred Securities
      under the Securities Act. As a condition of transfer, any such transferee shall
      agree in writing to be bound by the terms of this Agreement and shall have
      the
      rights of a Purchaser under this Agreement, provided, that the foregoing shall
      not apply to a transfer of Securities pursuant to an effective registration
      statement.

     

    (b) Each
      Purchaser agrees to the imprinting, so long as is required by applicable
      federal and state securities laws,
      of a
      legend on any of the certificate(s) evidencing the Securities in the following
      form:

     

    THESE
      SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION,
      OR THE SECURITIES COMMISSION OF ANY STATE, IN RELIANCE UPON AN EXEMPTION FROM
      REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
      ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
      EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN
      AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
      REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE
      SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE COMPANY TO
      SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE
      COMPANY. 

     

    
      
        
        

      

      
        C-5

        
          

        

      

      
        
        

      

    

    

    (c) Each
      Purchaser agrees that the removal of the restrictive legend from the
      certificate(s) evidencing the Securities as set forth in this Section 4.1 is
      predicated upon the Company’s reliance that the Purchaser will sell any
      Securities pursuant to either the registration requirements of the Securities
      Act, including any applicable prospectus delivery requirements, or an exemption
      therefrom.

     

    ARTICLE
      V

    RELEASE

     

    5.1 Release.
      Each
      Purchaser, does hereby release, remise and forever discharge the Company and
      its
      predecessors, successors and assigns, and respective directors, officers,
      employees, agents and representatives thereof (collectively, the “Released
      Parties”) of and from any and all actions, cases of action, suits, claims,
      demands, accountings, covenants, contracts, agreements, debt, liabilities and
      obligations of any nature, fixed or contingent, known or unknown, whether at
      law
      or in equity, which the Purchaser ever had, now has, or which the Purchaser’s
      heirs, executors, administrators, or legal representatives, successors, or
      assigns, as applicable, or any of them, hereinafter can, shall or may have
      against the Released Parties for or by reason of any event, occurrence,
      circumstance or matter of any nature whatsoever which occurred or existed at
      any
      time on or before the date hereof.

     

    5.2 Indemnification.
      Each
      Purchaser shall indemnify and hold the Released Parties harmless from and
      against all damages, expenses, costs and attorneys’ fees which any of the
      Released Parties may suffer or incur by reason of any breach by such Purchaser
      of any of the provisions hereof.

     

    ARTICLE
      VI

    MISCELLANEOUS

     

    6.1 Fees
      and Expenses.
      Except
      as expressly set forth in the Transaction Documents to the contrary, each party
      shall pay the fees and expenses of its advisers, counsel, accountants and other
      experts, if any, and all other expenses incurred by such party incident to
      the
      negotiation, preparation, execution, delivery and performance of this Agreement.
      The Company shall pay all transfer agent fees, stamp taxes and other taxes
      and
      duties levied in connection with the issuance of any Securities in the name
      of
      the Purchaser.

     

    6.2 Entire
      Agreement.
      The
      Transaction Documents, together with the exhibits and schedules thereto, contain
      the entire understanding of the parties with respect to the subject matter
      hereof and supersede all prior agreements and understandings, oral or written,
      with respect to such matters, which the parties acknowledge have been merged
      into such documents, exhibits and schedules.

     

    6.3 Notices.
      Any and
      all notices or other communications or deliveries required or permitted to
      be
      provided hereunder shall be in writing and shall be deemed given and effective
      on the earliest of (a) the date of transmission, if such notice or communication
      is delivered via facsimile
      at the facsimile number set forth on the signature pages attached hereto prior
      to 5:30 p.m. (Eastern Time) on a business day, (b) the next business day after
      the date of transmission, if such notice or communication is delivered via
      facsimile at the facsimile number set forth on the signature pages attached
      hereto on a day that is not a business day or later than 5:30 p.m. (Eastern
      Time) on any business day, (c) the second business day following the date of
      mailing, if sent by U.S. nationally recognized overnight courier service, or
      (d)
      upon actual receipt by the party to whom such notice is required to be given.
      The address for such notices and communications shall be as set forth on the
      signature pages attached hereto.

     

    
      
        
        

      

      
        C-6

        
          

        

      

      
        
        

      

    

     

    6.4 Amendments;
      Waivers.
      No
      provision of this Agreement may be waived or amended except in a written
      instrument signed, in the case of an amendment, by the Company and each
      Purchaser or, in the case of a waiver, by the party against whom enforcement
      of
      any such waiver is sought. No waiver of any default with respect to any
      provision, condition or requirement of this Agreement shall be deemed to be
      a
      continuing waiver in the future or a waiver of any subsequent default or a
      waiver of any other provision, condition or requirement hereof, nor shall any
      delay or omission of either party to exercise any right hereunder in any manner
      impair the exercise of any such right.

     

    6.5 Construction.
      The
      headings herein are for convenience only, do not constitute a part of this
      Agreement and shall not be deemed to limit or affect any of the provisions
      hereof. The language used in this Agreement will be deemed to be the language
      chosen by the parties to express their mutual intent, and no rules of strict
      construction will be applied against any party.

     

    6.6 Successors
      and Assigns.
      This
      Agreement is intended for the benefit of and shall be binding upon and inure
      to
      the benefit of the parties and their heirs, executors, administrators, legal
      representatives, successors or permitted assigns, as applicable. The Company
      may
      not assign this Agreement or any rights or obligations hereunder without the
      prior written consent of each Purchaser. Any Purchaser may assign any or all
      of
      the Purchaser’s rights under this Agreement to any Person to whom such Purchaser
      assigns or transfers any Securities, provided such transferee agrees in writing
      to be bound, with respect to the transferred Securities, by the provisions
      hereof that apply to the “Purchaser.”

     

    6.7 Governing
      Law.
      All
      questions concerning the construction, validity, enforcement and interpretation
      of the Transaction Documents shall be governed by and construed and enforced
      in
      accordance with the internal laws of the State of
      California, without regard to the principles of conflicts of law thereof. Each
      party agrees that all legal proceedings concerning the interpretations,
      enforcement and defense of the transactions contemplated by this Agreement
      and
      any other Transaction Documents (whether brought against a party hereto or
      its
      respective affiliates, directors, officers, shareholders, employees or agents)
      shall be commenced exclusively in the state and federal courts sitting in the
      State of California.
      Each party hereby irrevocably submits to the exclusive jurisdiction of the
      state
      and federal courts sitting in the County
      of
Los
      Angeles, State
      of
      California for the adjudication of any dispute hereunder or in connection
      herewith or with any transaction contemplated hereby or discussed herein
      (including with respect to the enforcement of any of the Transaction Documents),
      and hereby irrevocably waives, and agrees not to assert in any suit, action
      or
      proceeding, any claim that it is not personally subject to the jurisdiction
      of
      any such court, that such suit, action or proceeding is improper or inconvenient
      venue for such proceeding. Each party hereby irrevocably waives personal service
      of process and consents to process being served in any such suit, action or
      proceeding by mailing a copy thereof via registered or certified mail or
      overnight delivery (with evidence of delivery) to such party at the address
      in
      effect for notices to it under this Agreement and agrees that such service
      shall
      constitute good and sufficient service of process and notice thereof. Nothing
      contained herein shall be deemed to limit in any way any right to serve process
      in any manner permitted by law. The parties hereby waive all rights to a trial
      by jury. If either party shall commence an action or proceeding to enforce
      any
      provisions of the Transaction Documents, then the prevailing party in such
      action or proceeding shall be reimbursed by the other party for its attorneys’
fees and other costs and expenses incurred with the investigation, preparation
      and prosecution of such action or proceeding. 

     

    
      
        
        

      

      
        C-7

        
          

        

      

      
        
        

      

    

     

    6.8 Survival.
      The
      covenants, representations and warranties contained herein, including, but
      not
      limited to, those contained in Article V of this Agreement, shall survive the
      Closing and the delivery of the Securities.

     

    6.9 Execution.
      This
      Agreement may be executed in two or more counterparts, all of which when taken
      together shall be considered one and the same agreement and shall become
      effective when counterparts have been signed by each party and delivered to
      the
      other party, it being understood that both parties need not sign the same
      counterpart. In the event that any signature is delivered by facsimile
      transmission, such signature shall create a valid and binding obligation of
      the
      party executing (or on whose behalf such signature is executed) with the same
      force and effect as if such facsimile signature page were an original
      thereof.

     

    6.10 Severability.
      If any
      provision of this Agreement is held to be invalid or unenforceable in any
      respect, the validity and enforceability of the remaining terms and provisions
      of this Agreement shall not in any way be affected or impaired thereby and
      the
      parties will attempt to agree upon a valid and enforceable provision that is
      a
      reasonable substitute therefor, and upon so agreeing, shall incorporate such
      substitute provision in this Agreement.

     

    6.11 Replacement
      of Securities.
      If any
      certificate or instrument evidencing any Securities is mutilated, lost, stolen
      or destroyed, the Company shall issue or cause to be issued in exchange and
      substitution for and upon cancellation thereof, or in lieu of and substitution
      therefor, a new certificate or instrument, but only upon receipt of evidence
      reasonably satisfactory to the Company of such loss, theft or destruction and
      customary and reasonable indemnity, if requested. The applicants for a new
      certificate or instrument under such circumstances shall also pay any reasonable
      third-party costs associated with the issuance of such replacement
      Securities.

     

    6.12 Remedies.
      In
      addition to being entitled to exercise all rights provided herein or granted
      by
      law, including recovery of damages, each Purchaser and the Company will be
      entitled to specific performance under the Transaction Documents. The parties
      agree that monetary damages may not be adequate compensation for any loss
      incurred by reason of any breach of obligations described in the foregoing
      sentence and hereby agree to waive in any action for specific performance of
      any
      such obligation the defense that a remedy at law would be adequate.

     

    
      
        
        

      

      
        C-8

        
          

        

      

      
        
        

      

    

    

    6.13 Independent
      Nature of Purchaser’s Obligations and Rights.
      The
      obligations of each Purchaser under any Transaction Document are several and
      not
      joint with the obligations of any other Purchaser, and no Purchaser shall be
      responsible in any way for the performance of the obligations of any other
      Purchaser under any Transaction Document. Nothing contained herein or in any
      Transaction Document, and no action taken by any Purchaser pursuant thereto,
      shall be deemed to constitute the Purchaser as a partnership, an association,
      a
      joint venture or any other kind of entity, or create a presumption that the
      Purchaser is in any way acting in concert or as a member of a group with respect
      to such obligations or the transactions contemplated by the Transaction
      Documents. Each Purchaser shall be entitled to independently protect and enforce
      the Purchaser’s rights, including without limitation, the rights arising out of
      this Agreement or out of the other Transaction Documents, and it shall not
      be
      necessary for any other Purchaser to be joined as an additional party in any
      proceeding for such purpose. Each Purchaser has been represented by the
      Purchaser’s own separate legal counsel in the Purchaser’s review and negotiation
      of the Transaction Documents. The Company has elected to provide all Purchasers
      with the same terms and the Transaction Documents for the convenience of the
      Company and not because it was required or requested to do so by the
      Purchasers.

     

    [SIGNATURE
      PAGE FOLLOWS]

     

    
      
        
        

      

      
        C-9

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, the Company has caused this Securities Purchase Agreement
      to be
      duly executed by its authorized signatory as of the date first indicated
      above.

    

      
        	
                DRTATTOFF,
                  LLC 

              	 	
                ADDRESS

                 

                8500
                  Wilshire Blvd

                Beverly
                  Hills CA 90211

              
	
                By:

              	  
	 	 
	 	
                Name:
                  

                Title:
                  

              	 	
                Facsimile
                  No.: (310) 659-4159

              
	 	 	 	
                With
                  a copy to (which shall not constitute notice):

                 

                Bruce
                  Rosetto

                Blank
                  Rome LLP

                1200
                  North Federal Highway, Suite 417

                Boca
                  Raton, FL 33432

              

      

    

     

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK]

    [SIGNATURE
      PAGE FOR PURCHASER FOLLOWS]

     

    
      
        
        

      

      
        C-10

        
          

        

      

      
        
        

      

    

    

    PURCHASER
      SIGNATURE PAGES TO THE SUBSCRIPTION AGREEMENT

    

    IN
      WITNESS WHEREOF, the undersigned executed or caused this Subscription Agreement
      to be duly executed by its respective authorized signatories as of the date
      first indicated above.

     

    Number
      of
      Units subscribed for: _______________________

    Number
      of
      Warrant Units subscribed for: _______________________

    Name
      of
      Purchaser: __________________________

    Signature
      of Authorized Signatory of Subscriber:
      __________________________

    Name
      of
      Authorized Signatory: _________________________

    Title
      of
      Authorized Signatory: __________________________

    Email
      Address of Authorized Signatory: ________________________________

    EIN
      Number of Purchaser: ______________________________________

    

    Address
      for Notice of Purchaser:

    

    Facsimile
      No. of Purchaser:

    

    Address
      for Delivery of Securities for Purchaser (if not same as above):

     

    
      
        
        

      

      
        C-11

        
          

        

      

      
        
        

      

    

    

    EXHIBIT
      A

    ACCREDITED
      INVESTOR QUESTIONNAIRE

     

    (a) INDIVIDUAL
      INVESTOR QUESTIONNAIRE

     

    Investor
      Name: ______________________   

    

    The
      information contained in this Questionnaire is being furnished in order to
      determine whether the undersigned Investor's subscription to purchase the Units
      and Warrants described in the Confidential Private Offering Memorandum may
      be
      accepted.

    

    ALL
      INFORMATION CONTAINED IN THIS QUESTIONNAIRE WILL BE TREATED CONFIDENTIALLY.
      The
      undersigned Investor understands, however, that the Company may present this
      Questionnaire to such parties as it deems appropriate if called upon to
      establish that the proposed offer to purchase the Units and Warrants is exempt
      from registration under the Securities Act of 1933, as amended, or meets the
      requirements of applicable state securities or “blue sky” laws. Further, the
      undersigned Investor understands that the offering may be required to be
      reported to the Securities and Exchange Commission and to various state
      securities and “blue sky” regulators.

    

    Please
      answer all questions. If the answer is “none” or “not applicable,” please so
      state. 

    

    INFORMATION
      REQUIRED OF EACH PROSPECTIVE INVESTOR: 

    

    1.  
Name:
      ___________________________________________________________ 
      Age:
      ___________________

    

    Social
      Security Number: ______________________________________ No.
      of
      Dependents: _______________

    

    Marital
      Status: ______________________________________________________
      Citizenship: ____________

    

    2.    Residence
      Address and Telephone Number:
      _____________________________________________________

    
    

    
      ___________________________________________________________________________

       

      ___________________________________________________________________________

    

    

    3.  
State
      in
      which you:

    

    Are
      licensed to drive?
      ______________________________________________________________________

    

    Are
      registered to vote?
      _____________________________________________________________________

    

    File
      income tax returns?
      _____________________________________________________________________

     

    
      
        
        

      

      
        C-12

        
          

        

      

      
        
        

      

    

    

    4.   Employer
      and Position:
      _____________________________________________________________________

     

          __________________________________________________________________________

     

    5.     Business
      Address and Telephone Number:
      ______________________________________________________

    

        
        ___________________________________________________________________________

        
        

        
        ___________________________________________________________________________

    

    

    6.   Business
      or professional education and the degrees received are as follows:

    

    School Degree  Year
      Received

         

        
        ___________________________________________________________________________

       

        
        ___________________________________________________________________________

       

        
        ___________________________________________________________________________

       

        
        ___________________________________________________________________________

        
        

        
        ___________________________________________________________________________

    

    

    

      
        	
                7.

              	
                (a)
                  

              	
                Individual
                  income during 2005:

              	
                ______

              	
                $50,000
                  - $100,000

              
	 	 	
                (exclusive
                  of spouse's

              	
                ______

              	
                $100,000
                  - $200,000

              
	 	 	
                income)

              	
                ______

              	
                over
                  $200,000

              
	 	 	 	 	 
	 	
                (b)
                  

              	
                Individual
                  income during 2006:

              	
                ______

              	
                $50,000
                  - $100,000

              
	 	 	
                (exclusive
                  of spouse's

              	
                ______

              	
                $100,000
                  - $200,000

              
	 	 	
                income)

              	
                ______

              	
                over
                  $200,000

              
	 	 	 	 	 
	 	
                (c)
                  

              	
                Estimated
                  income during 2007:

              	
                ______

              	
                $50,000
                  - $100,000

              
	 	 	
                (exclusive
                  of spouse's 

              	
                ______

              	
                $100,000
                  - $200,000

              
	 	 	
                income

              	
                ______

              	
                over
                  $200,000

              
	 	 	 	 	 
	 	
                (d)
                  

              	
                Joint
                  income, with spouse,

              	
                ______

              	
                $100,000
                  - $300,000

              
	 	 	
                during
                  2005

              	
                ______

              	
                over
                  $300,000

              
	 	 	 	 	 
	 	
                (e)
                  

              	
                Joint
                  income, with spouse,

              	
                ______

              	
                $100,000
                  - $300,000

              
	 	 	
                during
                  2006

              	
                ______

              	
                over
                  $300,000

              
	 	 	 	 	 
	 	
                (f)
                  

              	
                Estimated
                  joint income,

              	
                ______

              	
                $100,000
                  - $300,000

              
	 	 	
                with
                  spouse, for 2007

              	
                ______

              	
                over
                  $300,000

              
	 	 	 	 	 
	
                8.

              	
                Estimated
                  net worth

              	
                ______

              	
                under
                  $1,000,000

              
	 	
                (may
                  include joint net

              	
                ______

              	
                over
                  $1,000,000

              
	 	
                worth
                  with spouse)

              	 	 

      

    

     

    
      
        
        

      

      
        C-13

        
          

        

      

      
        
        

      

    

     

    
      	9.	
              Are
                you involved in any litigation, which, if an adverse decision occurred,
                would materially affect your financial condition? Yes  
                No
                 
                If
                yes, please provide details:

            

    

         

         
      ___________________________________________________________________________

     

         
      ___________________________________________________________________________

     

         
      ___________________________________________________________________________

    
      	
              10.

            	
              I
                consider myself to be an experienced and sophisticated investor or
                am
                advised by a qualified investment advisor, all as required under
                the
                various securities laws and regulations: Yes ____ No
                ____

            

    

    

    
      	
              11.

            	
              I
                understand the full nature and risk of an investment in the Units
                and
                Warrants, and I can afford the complete loss of my entire investment.
                Yes
                ____ No ____

            

    

    

    
      	
              12.

            	
              I
                am able to bear the economic risk of an investment in the Units and
                Warrants for an indefinite period of time and understand that an
                investment in the Units is illiquid. Yes ____ No ____ 

            

    

    

    
      	
              13.

            	
              I
                further understand that I will be required to agree not to dispose
                of the
                Units or Warrants except in compliance with other conditions contained
                in
                the accompanying Subscription Agreement and Confidential Private
                Offering
                Memorandum. Yes ____ No ____

            

    

    

    
      	14.	
              Have
                you participated in other private placements of securities? Yes ____
                No
                ____

            

    

    

    I
      understand that the Company will be relying on the accuracy and completeness
      of
      my responses to the foregoing questions and I represent and warrant to the
      Company as follows:

     

    The
      answers to the above questions are complete and correct and may be relied upon
      by the Company whether the offering in which I propose to participate is exempt
      from registration under the Act and the securities laws of certain
      states;

    

    I
      will
      notify the Company immediately of any material change in any statement made
      herein occurring prior to the closing of any purchase by me of an interest
      in
      the Company; and 

    

    I
      have
      sufficient knowledge and experience in financial and business matters to
      evaluate the merits and risks of the prospective investment; I am able to bear
      the economic risk of the investment and currently could afford a complete loss
      of such investment. 

    

    [Signature
      Page Follows]

    

    
      
        
        

      

      
        C-14

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, I have executed this Investor Questionnaire this __________
      __,
      2007 and declare that it is truthful and correct to the best of my
      knowledge.

    

    
      	 
	
              Signature
                of Prospective Investor

            
	 
	 
	
              Signature
                of Prospective Investor

            

    

     

    
      
        
        

      

      
        C-15

        
          

        

      

      
        
        

      

    

     

    CORPORATION
      INVESTOR QUESTIONNAIRE

     

    Investor
      Name: _______________________________ (the
      “Corporation”) 

    

    The
      information contained in this Questionnaire is being furnished in order to
      determine whether the undersigned Corporation's subscription to purchase the
      Units and Warrants described in the Confidential Private Offering Memorandum
      may
      be accepted.

    

    ALL
      INFORMATION CONTAINED IN THIS QUESTIONNAIRE WILL BE TREATED CONFIDENTIALLY.
      The
      undersigned Corporation understands, however, that the Company may present
      this
      Questionnaire to such parties as it deems appropriate if called upon to
      establish that the proposed offer to purchase the Units and Warrants is exempt
      from registration under the Securities Act of 1933, as amended, or meets the
      requirements of applicable state securities or “blue sky” laws. Further, the
      undersigned Corporation understands that the offering may be required to be
      reported to the Securities and Exchange Commission and to various state
      securities and “blue sky” regulators.

    

    
      	
              I.

            	
              PLEASE
                CHECK ANY OF STATEMENTS 1-4 BELOW THAT APPLIES TO THE
                CORPORATION.

            

    

    

    ___
      1.
 The
      undersigned Corporation: (a) has total assets in excess of $_________; and
      (b)
      was not formed for the specific purpose to purchase the Units and
      Warrants.

    

    ___
      2.
 Each
      of
      the stockholders of the undersigned Corporation is able to certify that such
      stockholder meets at least one of the following two conditions:

    

    a. the
      stockholder is a natural person whose individual net worth1 or
      joint
      net worth with his or her spouse exceeds $_________; or

    

    b. the
      stockholder is a natural person who had an individual income in excess of
      $_______ in each of 2005 and 2006 and who reasonably expects an individual
      income in excess of $_______ in 2007.

    

    ___
      3.
 Each
      of
      the stockholders of the undersigned Corporation is able to certify that such
      stockholder is a natural person who, together with his or her spouse, has had
      a
      joint income in excess of $_______ in each of 2005 and 2006 and who reasonably
      expects a joint income in excess of $_______ during 2007.

    

    ___
      4.
 The
      undersigned Corporation is:

    

    a. a
      bank as
      defined in Section 3(a)(2) of the Securities Act; or

    

    b. a
      savings
      and loan association or other institution as defined in Section 3(a)(5)(A)
      of
      the Securities Act whether acting in its individual or fiduciary capacity;
      or

     

      
        

      

    

    1 For
      purposes of this Questionnaire, the term “net worth” means the excess of total
      assets over total liabilities. In determining income, an investor should add
      to
      his or her adjusted gross income any amounts attributable to tax-exempt income
      received, losses claimed as a limited Company, deductions claimed for depletion,
      contributions to IRA or Keogh retirement plan, alimony payments, and any amount
      by which income from long-term capital gains has been reduced in arriving at
      adjusted gross income.

     

    
      
        
        

      

      
        C-16

        
          

        

      

      
        
        

      

    

    

    c. a
      broker
      or dealer registered pursuant to Section 15 of the Securities Exchange Act
      of
      1934, as amended; or

    

    d. an
      insurance company as defined in Section 2(13) of the Securities Act;
      or

    

    e. an
      investment company registered under the Investment Company Act of 1940, as
      amended, or a business development company as defined in Section 2(a)(48) of
      the
      Investment Company Act of 1940, as amended; or

    

    f. a
      small
      business investment company licensed by the U.S. Small Business Administration
      under Section 301 (c) or (d) of the Small Business Investment Act of 1958,
      as
      amended; or

    

    g. an
      organization described in Section 501(c)(3) of the Internal Revenue Code of
      1986, as amended, or a Massachusetts or similar business trust or Company not
      formed for the specific purpose to purchase the Units offered hereby, with
      total
      assets in excess of $_________; or

    

    h. a
      private
      business development company as defined in Section 202(a)(22) of the Investment
      Advisers Act of 1940, as amended.

    

    IF
      YOU
      CHECKED STATEMENT 2 OR STATEMENT 3 IN SECTION I AND DID NOT
      CHECK
      STATEMENT 1, YOU MUST PROVIDE A LETTER SIGNED BY AN OFFICER OF THE UNDERSIGNED
      CORPORATION LISTING THE NAME OF EACH STOCKHOLDER AND THE REASON (UNDER STATEMENT
      2 OR STATEMENT 3) WHY SUCH STOCKHOLDER QUALIFIES AS AN ACCREDITED INVESTOR
      (ON
      THE BASIS OF NET WORTH, INDIVIDUAL INCOME, OR JOINT INCOME) OR
      EACH
      STOCKHOLDER MUST PHOTOCOPY AND COMPLETE SECTION II BELOW.

    

    
      	
              II.

            	
              IF
                YOU CHECKED STATEMENT 2 OR STATEMENT 3 IN SECTION I ABOVE, EACH
                STOCKHOLDER MUST CHECK ANY OF THE STATEMENTS 1-5 BELOW THAT APPLIES
                TO
                SUCH STOCKHOLDER AND SIGN BELOW WHERE
                INDICATED.

            

    

    

    ___
      1.
 I
      have an
      individual net worth or joint net worth with my spouse in excess of
      $_________.

    

    ___
      2.
 I
      have
      had an individual income in excess of $_______ in each of 2005 and 2006, and
      I
      reasonably expect an individual income in excess of $_______ for 2007. NOTE:
      IF
      YOU ARE BUYING JOINTLY WITH YOUR SPOUSE, YOU MUST EACH HAVE AN INDIVIDUAL INCOME
      IN EXCESS OF $200,000 IN EACH OF THESE YEARS IN ORDER TO CHECK THIS
      BOX.

    

    ___
      3.
 My
      spouse
      and I have had a joint income in excess of $_______ in each of 2005 and 2006,
      and I reasonably expect a joint income in excess of $_______ for
      2007.

    

    ___
      4.
 I
      am a
      Massachusetts resident, and my purchase of the Units does not exceed 25% of
      my
      net worth or, if I am married, 25% of the combined net worth of my spouse and
      me, excluding principal residence and home furnishings.

    

    
      
        
        

      

      
        C-17

        
          

        

      

      
        
        

      

    

     

    

    
      	 	
              ___
                5.

            	
              I
                am a director or executive officer of the
                Corporation.

            

    

    

    
      	 	 	 	 
	
            	
              
                Print
                  Name of Shareholder(s)

              

            	 	
              Signature
                of Shareholder(s)

            

    

     

    
      	III.	
              OTHER
                CERTIFICATIONS.

            

    

    

    By
      signing the Signature Page, the undersigned certifies the
      following:

    

    (a) that
      the
      Corporation's purchase of the Units and Warrants will be solely for the
      Corporation's own account and not for the account of any other person or entity;
      and

    

    (b) that
      the
      Corporation's name, address of principal place of business, place of
      incorporation, and taxpayer identification number as set forth in this
      Questionnaire are true, correct, and complete.

    

    
      	IV.	
              GENERAL
                INFORMATION.

            

    

    

    (a) PROSPECTIVE
      PURCHASER (THE CORPORATION)

    

    Name:
      _________________________________________________________________________________

    

    Principal
      Place of Business:
      _________________________________________________________________

    (Number
      and Street)

    

    Address
      for Correspondence (if different):
      ______________________________________________________

    (Number
      and Street)

    

    Telephone
      Number:  (_____) _______________________________ 

    

    State
      of
      Incorporation: ____________________________  Date
      of Formation: ________________________

    

    Taxpayer
      Identification Number: ____________________________

    

    Number
      of
      Stockholders: _________________________________

    

    (b) INDIVIDUAL
      WHO IS EXECUTING THIS QUESTIONNAIRE ON BEHALF OF THE CORPORATION

    

    Name:
      _________________________________________________________________________________

    

    Position
      or Title:
      _________________________________________________________________________

    

    (c) IF
      SECTION II HAS BEEN COMPLETED, NAMES OF INDIVIDUAL STOCKHOLDERS

    

    Name(s)
      of Stockholders:
      __________________________________________________________________

    

    
      
        
        

      

      
        C-18

        
          

        

      

      
        
        

      

    

    
      

      Name(s)
        of Stockholders:
        _________________________________________________________________

    1.
      Are
      you involved in any litigation, which, if an adverse decision occurred, would
      materially affect your financial condition? Yes  
      No
 
      If yes,
      please provide details:

    
       

            __________________________________________________________________________

       

            __________________________________________________________________________

       

            __________________________________________________________________________

    2.
      I
      consider myself to be an experienced and sophisticated investor or am advised
      by
      a qualified investment advisor, all as required under the various securities
      laws and regulations: Yes ____ No ____

    

    3.
      I
      understand the full nature and risk of an investment in the Units or Warrants,
      and I can afford the complete loss of my entire investment. Yes ____ No
      ____

    

    4.
      I am
      able to bear the economic risk of an investment in the Units and Warrants for
      an
      indefinite period of time and understand that an investment in the Units is
      illiquid. Yes ____ No ____ 

    

    5.
      I
      further understand that I will be required to agree not to dispose of the Units
      and Warrants except in compliance with other conditions contained in the
      accompanying Subscription Agreement and Confidential Private Offering
      Memorandum. Yes ____ No ____

    

    6.
      Have
      you participated in other private placements of securities? Yes ____ No
      ____

    

    [Signature
      Page Follows]

    

    
      
        
        

      

      
        C-19

        
          

        

      

      
        
        

      

    

    

    The
      undersigned understands that the Company is relying upon the representations
      set
      forth above in determining whether to accept the subscription being
      tendered.

    

    
      	 
	
              Name
                of Corporation

            
	 
	 
	
              By:

              
                

              

              *Signature
                of Authorized Officer

            
	
            
	 
	
              Title
                (If Signed on Behalf of Entity)

            
	 
	 
	
              Print
                Name

            
	 
	 
	
              Date

            

    

     

    * Signature
      must match signatory to attached Subscription Agreement.

    

    
      
        
        

      

      
        C-20

        
          

        

      

      
        
        

      

    

     

    PARTNERSHIP
      INVESTOR QUESTIONNAIRE

     

    Investor
      Name: ____________________________ (the
      “Partnership”)

     

    The
      information contained in this Questionnaire is being furnished in order to
      determine whether the undersigned Partnership’s subscription to purchase the
      Units and Warrants described in the Company’s Subscription
      Agreement and Confidential Private Offering Memorandum may be
      accepted.

     

    ALL
      INFORMATION CONTAINED IN THIS QUESTIONNAIRE WILL BE TREATED CONFIDENTIALLY.
      The
      undersigned Partnership understands, however, that the Company may present
      this
      Questionnaire to such parties as it deems appropriate if called upon to
      establish that the proposed offer to purchase the Units and Warrants is exempt
      from registration under the Securities Act of 1933, as amended, or meets the
      requirements of applicable state securities or “blue sky” laws. Further, the
      undersigned Partnership understands that the offering may be required to be
      reported to the Securities and Exchange Commission and to various state
      securities and “blue sky” regulators.

     

    
      	
              I.

            	
              PLEASE
                CHECK ANY OF STATEMENTS 1-3 BELOW THAT APPLIES TO THE
                PARTNERSHIP.

            

    

     

    

    ___
      1.
 The
      undersigned Partnership: (a) has total assets in excess of $_________; and
      (b)
      was not formed for the specific purpose to purchase the Units and
      Warrants.

    

     

    ___
      2.
 Each
      of
      the partners of the undersigned Partnership is able to certify that such partner
      meets at least one of the following two conditions:

    

    a. the
      partner is a natural person whose individual net worth2 or
      joint
      net worth with his or her spouse exceeds $_________; or

    

    b. the
      partner is a natural person who had an individual income in excess of $_______
      in each of 2005 and 2006 and who reasonably expects an individual income in
      excess of $_______ in 2007.

    

    ___
      3.
 Each
      of
      the partners of the undersigned Partnership is able to certify that such partner
      is a natural person who, together with his or her spouse, has had a joint income
      in excess of $_______ in each of 2005 and 2006 and who reasonably expects a
      joint income in excess of $_______ during 2007.

     

    IF
      YOU
      CHECKED STATEMENT 2 OR STATEMENT 3 IN SECTION I AND DID NOT
      CHECK
      STATEMENT 1, YOU MUST PROVIDE A LETTER SIGNED BY AN OFFICER, PARTNER OR GENERAL
      PARTNER OF THE UNDERSIGNED PARTNERSHIP LISTING THE NAME OF EACH PARTNER
      AND THE REASON (UNDER STATEMENT 2 OR STATEMENT 3) WHY SUCH PARTNER QUALIFIES
      AS
      AN ACCREDITED INVESTOR (ON THE BASIS OF NET WORTH, INDIVIDUAL INCOME, OR JOINT
      INCOME) OR
      EACH
      PARTNER MUST PHOTOCOPY AND COMPLETE SECTION II BELOW. 

     

    
      
        

      

    

    
       2
        For purposes of this Questionnaire, the term “net worth” means the excess of
        total assets over total liabilities. In determining income, an investor should
        add to his or her adjusted gross income any amounts attributable to tax-exempt
        income received, losses claimed as a limited partnership, deductions claimed
        for
        depletion, contributions to IRA or Keogh retirement plan, alimony payments,
        and
        any amount by which income from long-term capital gains has been reduced
        in
        arriving at adjusted gross income.

    

     

    
      
        
        

      

      
        21

        
          

        

      

      
        
        

      

    

     

    
      	
              II.
                

            	
              IF
                YOU CHECKED STATEMENT 2 OR STATEMENT 3 IN SECTION I ABOVE, EACH PARTNER
                MUST CHECK ANY OF THE STATEMENTS 1-5 BELOW THAT APPLIES TO SUCH PARTNER
                AND SIGN BELOW WHERE
                INDICATED.

            

    

     

    ___
      1.
 I
      have an
      individual net worth or joint net worth with my spouse in excess of
      $_________.

     

    ___
      2.
 I
      have
      had an individual income in excess of $_______ in each of 2005 and 2006, and
      I
      reasonably expect an individual income in excess of $_______ for 2007.

     

    ___
      3.
 My
      spouse
      and I have had a joint income in excess of $_______ in each of 2005 and 2006,
      and I reasonably expect a joint income in excess of $_______ for
      2007.

     

    ___
      4.
 I
      am a
      Massachusetts resident, and my purchase of the Units does not exceed 25% of
      my
      net worth or, if I am married, 25% of the combined net worth of my spouse and
      me, excluding principal residence and home furnishings.

     

    ___
      5.
 I
      am a
      director, manager or executive officer of the Partnership.

     

    
      	
            	 	 	 
	
            	
              
                
                  
                    Print
                      Name of Partner(s)

                  

                

              

            	 	
              Signature
                of Shareholder(s)

            

      
        	
              	 	 	 
	
              	
                
                  
                    Print
                      Name of Partner(s)

                  

                

              	 	
                Signature
                  of Shareholder(s)

              

        
          	
                	 	 	 
	
                	
                  
                    
                      Print
                        Name of Partner(s)

                    

                  

                	 	
                  Signature
                    of Shareholder(s)

                

        

      

    

     

    III.
       OTHER
      CERTIFICATIONS.

     

    By
      signing the Signature Page, the undersigned certifies the
      following:

     

    
      
        
        

      

      
        22

        
          

        

      

      
        
        

      

    

    

    1. that
      the
      Partnership's purchase of the Units and Warrants will be solely for the
      Partnership's own account and not for the account of any other person or entity;
      and

     

    2. that
      the
      Partnership's name, address of principal place of business, place of
      incorporation, and taxpayer identification number as set forth in this
      Questionnaire are true, correct, and complete.

     

    IV.
       GENERAL
      INFORMATION.

    

    1. PROSPECTIVE
      PURCHASER (THE PARTNERSHIP)

     

    Name:
      __________________________________________________________________________________

     

    Principal
      Place of Business For Correspondence:

    
       

           
        ___________________________________________________________________________

    

     

         
      ___________________________________________________________________________

     

    Telephone
      Number:  (_____) __________________

    
      

      State
        of
        Certification: ____________________________  Date
        of Formation: ________________________

      

      Taxpayer
        Identification Number: ____________________________

      

      Number
        of
        Partners: _________________________________

    

     

    2. INDIVIDUAL
      WHO IS EXECUTING THIS QUESTIONNAIRE ON BEHALF OF THE PARTNERSHIP

     

    Name:
      _________________________________________________________________________________ 

    
       

    

    Position
      or Title:
      _________________________________________________________________________

    

    3. IF
      SECTION II HAS BEEN COMPLETED, NAMES OF INDIVIDUAL PARTNERS

    

    Name(s)
      of Partners:
      ______________________________________________________________________  

     

    Name(s)
      of Partners:
      ______________________________________________________________________

     

    1.
      Are
      you involved in any litigation, which, if an adverse decision occurred, would
      materially affect your financial condition? Yes ___ 
No
      ___
      If yes,
      please provide details:

    
      
         

             
          ___________________________________________________________________________

      

      
         

             
          ___________________________________________________________________________

      

      
         

             
          ___________________________________________________________________________

      

    
      
        
        

      

      
        23

        
          

        

      

      
        
        

      

    

    

    2.
      I
      consider myself to be an experienced and sophisticated investor or am advised
      by
      a qualified investment advisor, all as required under the various securities
      laws and regulations: Yes ____ No ____

    

    3.
      I
      understand the full nature and risk of an investment in the Units and Warrants,
      and I can afford the complete loss of my entire investment. Yes ____ No
      ____

    

    4.
      I am
      able to bear the economic risk of an investment in the Units and Warrants for
      an
      indefinite period of time and understand that an investment in the Units and
      Warrants is illiquid. Yes ____ No ____ 

    

    5.
      I
      further understand that I will be required to agree not to dispose of the Units
      or Warrant except in compliance with other conditions contained in the
      accompanying Subscription Agreement and Confidential Private Offering
      Memorandum. Yes ____ No ____

    

    6.
      Have
      you participated in other private placements of securities? Yes ____ No
      ____

    

    [Signature
      Page Follows]

    

    
      
        
        

      

      
        24

        
          

        

      

      
        
        

      

    

    

    The
      undersigned understands that the Company is relying upon the representations
      set
      forth above in determining whether to accept the subscription being
      tendered.

    

    
      	 
	
              Name
                of Partnership

            
	 	 
	
              By:
                

            	 
	 	
               Name:
                

            	 
	 	
               Its:
                

            	 

    

     

    
      
        
        

      

      
        25

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