Document:

Exhibit 10.15

CONSULTING AGREEMENT

THIS CONSULTING  AGREEMENT (this "Agreement") is made effective for all purposes
as of August 1, 2000 by and between TSET,  Inc. (the  "Company")  and Richard F.
Tusing  and  Daniel R.  Dwight  (Richard  F.  Tusing  and  Daniel R.  Dwight are
hereinafter collectively referred to as "Consultant").

RECITALS:

A. Company is engaged in the business to seek out select business  opportunities
globally  among a wide  range  of  prospects  that  meet the  companies  general
acquisition and investment criteria, enhance asset base and increase shareholder
value.

B. Company  wishes to have  Consultant  provide the Company  certain  consulting
services and,  subject to the terms and conditions set forth herein,  Consultant
is willing to provide such consulting services.

C. Company  and  Consultant  wish to set forth terms and  conditions  upon which
Consultant will provide consulting services to the Company.

NOW,  THEREFORE,  in consideration of the foregoing,  and of the mutual premises
hereinafter  set  forth,  and of other  good  and  valuable  consideration,  the
receipt, adequacy and sufficiency of which are hereby acknowledged,  the parties
hereto, intending to be legally bound hereby, agree as follows:

1. SERVICES OF CONSULTANT.  Consultant  shall use its best efforts to assist the
Company during the term of this  Agreement in connection  with the work products
set forth in detail on Exhibit A attached  hereto  and made a part  hereof,  the
subject of which shall include, without limitation, the following: (i) assisting
the Company in connection  with its investor  presentations;  (ii) assisting the
Company in  connection  with its  business  plans and a summary  version of such
plan; (iii) assisting the Company in establishing licensing strategies; and (iv)
such other matters  mutually  determined by the Consultant and the Company to be
appropriate  for  Consultant's  services.  Consultant  shall work on a part time
basis  and  shall  comply  with  Companies  instruction  for  maximum  hours  of
consulting  services  in any given  calendar  period,  which shall be in writing
prior to first day of each subsequent month.

2. FEE FOR SERVICES.  In  consideration  for  Consultant  providing the services
described in Section 1 hereof,  the Company  agrees to pay  Consultant an hourly
compensation  of Eighty  Dollars ($80) per hour,  with payment due no later than
the  earlier  to occur of (a) five days  after  funds  received  from  investors
pursuant to a financing in which the Company receives financing (whether debt or
equity-based),  cumulatively  or in a lump sum,  of at least  $3,000,000,  first
become  available for  expenditure by the Company,  or (b) December 31, 2000. At
Consultant's  sole  discretion,  Consultant  may elect to  convert  hourly  cash
compensation  to an option to  purchase  shares of common  stock of the  company
providing one hundred option shares (100) for each hour of consulting  services.
Such Conversion Option, once elected, shall be exercisable for a period of three
(3)  years  following  the date of such  election  at an  exercise  price of two
dollars and fifty cents  ($2.50) per share.  Consultant  must make  selection of
method of  consideration  prior to five days after funds received from investors
pursuant  to the  Memorandum  first  become  available  for  expenditure  by the
Company.  Consultant  acknowledges (i) that it is an independent  contractor and
not an  employee  and  (ii)  that it shall  be  responsible  for any and all tax
obligations  arising  from the  payments  made  hereunder.  The  Company  hereby

<PAGE>

acknowledges that Consultant has, prior to the date of this Agreement,  provided
112 hours of services in the Company's behalf, which shall be compensated in the
manner provided herein.

3. GRANT OF OPTION. In consideration for Consultant's willingness to provide the
services  set forth  herein,  the Company in addition to fee for  Services  also
agrees to grant  Consultant an option to purchase  shares of common stock of the
Company.  Such Stock Option to be exercisable for a period of three (3) years at
a price of two dollars and fifty cents ($2.50) per share for one hundred  shares
(100) for each hour of consulting services.

4. EXPENSE  REIMBURSEMENT.  The Company shall promptly reimburse  Consultant for
all normal  out-of-pocket  expenses,  including meals,  travel and entertainment
related  to the  Company's  business  that  are  actually  paid or  incurred  by
Consultant in the  performance  of its services  under this  Agreement  upon the
delivery of invoices or other evidence of payment therefor.

5. TERM.  This  Agreement  shall remain in effect for an initial term of six (6)
months,  and shall thereafter be  automatically  renewed for successive terms of
six (6) months each,  unless  either party  indicates its intention to terminate
this  Agreement  prior to the  expiration of such initial term or any successive
term.  Termination  hereunder  may occur  for any  reason or no reason at either
party's  option  upon 30 days'  prior  written  notice  to be given by the party
terminating this Agreement.

6. CONFIDENTIALITY.  Consultant  will  maintain  the  confidentiality  of  this
Agreement,  all  provisions  of this  Agreement and all materials of the Company
received  by  Consultant  pursuant  to its  consulting  services  to the Company
(collectively,  "Confidential  Information"),  and,  without  the prior  written
consent of the Company, the Consultant shall not make any press release or other
public announcement of or otherwise disclose any Confidential Information to any
third party.  The foregoing  stall not restrict  Consultant from disclosing such
Confidential   Information  (i)  to  its  professional   advisors  whose  duties
reasonably require  familiarity with this Agreement,  provided that such persons
are bound to maintain the  confidentiality  of this  Agreement,  and (ii) to the
extent such disclosure may be required by applicable law or regulation, provided
that Consultant will only disclose such  information as is legally required will
use reasonable efforts to obtain confidential treatment for any information that
is so  disclosed.  If  Consultant  is  required  to  disclose  any  Confidential
Information  pursuant to or in  connection  with any subpoena,  order,  or other
event involving any legal,  administrative  or regulatory  action or proceeding,
Consultant shall immediately notify the Company.

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7. AGREEMENT NOT TO COMPETE.
   ------------------------

a. Consultant agrees that it will not, during the term hereof,  and for a period
   of one (1) year thereafter,  engage in any business or businesses competitive
   to that  conducted  by the  Company or any  subsidiary  or  affiliate  of the
   Company,  as  such  business  is  described  in  Section  7(b)(iii)  of  this
   Agreement.

b. The Consultant  further agrees that it will not, for a period of one (1) year
   after the  termination of this Agreement (the "Non-Compete Period"):

(i)   Solicit any  customers of the Company or of a  subsidiary  or affiliate of
      the Company; or

(ii)  Solicit for employment,  hire, request or cause any employee of Company to
      terminate  his or her  employment  with  Company or  otherwise  attempt to
      engage the  services of any employee of the Company or any  subsidiary  or
      affiliate  of the Company for any purpose or any  endeavor  (either on the
      Company's  own behalf or on behalf of any business  referred to in Section
      7(a) above) without the prior consent of the Company.

(ii)  For purposes of this Agreement, the parties acknowledge and agree that the
      Company's  business is the creation and  licensing of Ion Wind  Generation
      products.

8.    INDEMNIFICATION.

a.    The Company  hereby agrees to indemnify  and hold harmless the  Consultant
      from and against any and all loss, cost, damage, claim or liability of any
      sort,  including,  without  limitation,  reasonable  attorney's  fees  and
      expenses  (collectively,  a "Claims") arising out of or in connection with
      the services being  provided by the  Consultant to the Company  hereunder;
      provided,  the  foregoing  provision  shall  not  apply to  indemnify  the
      Consultant  for any Claim  suffered by  Consultant  as a result of its own
      negligent action.

b.    In the  case of  Consultant's  negligent  actions,  the  Consultant  shall
      indemnify  and hold  harmless  the  Company  from and  against any and all
      Claims arising out of or in connection with such negligent action.

9. GOVERNING  LAW.   This  Agreement  shall  be  governed  by and  construed  in
accordance with the laws of the State of Oregon, without regard to principles of
conflicts of laws thereof. In case of any dispute arising hereunder, the parties
agree  that  such  matter  shall be  submitted  to  binding  arbitration  in the
Portland, Oregon metropolitan area, for arbitration in accordance with the rules
of the American Arbitration Association.

10. COSTS OF  COLLECTION.  Should either party to this  Agreement be required to
incur costs in connection  with the collection of any amounts due from the other
party  hereunder,  including the  reasonable  costs of counsel  engaged for such
purpose (collectively, "Collection Costs"), the party required to pay the amount
being collected hereunder shall also be liable for the payment of the Collection
Costs.

11.  SUCCESSORS AND ASSIGNS.  This  Agreement  shall inure to the benefit of any
successors  and  assigns of the  parties  hereto;  provided,  however,  that the

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services of Consultant  engaged by the Company  hereunder are personal and shall
not be assigned or delegated by Consultant  without the Company's  express prior
written consent, which may be withheld in the Company's sole discretion.

12. INTEGRATION.  This document sets forth the entire agreement  between Company
and Consultant relating to the subject matter herein and supersedes any previous
written or oral agreements  relating to this subject matter between them.

13. AMENDMENTS. This Agreement may not be varied, altered, modified, changed, or
in any way amended except by an  instrument in  writing, executed by the parties
hereto or their legal representatives.

14. HEADINGS.  Headings  and  paragraph  captions  used  in this  Agreement  are
intended  for   convenience   of  reference   only  and  shall  not  affect  the
interpretation of this Agreement.

15. COUNTERPART AND FACSIMILE EXECUTION.  This Agreement may be executed  in any
number of  counterparts, which taken  together shall be deemed to constitute one
original.  Execution of this  Agreement  by  facsimile  shall be  sufficient for
all purposes and shall be binding upon any that so executes.

IN WITNESS  WHEREOF,  the parties have executed this Agreement as of the day and
year first above written.

TSET, Inc.

By:  /S/ JEFFREY D. WILSON
     ------------------------------
         Jeffrey D. Wilson
         Chairman and Chief
                  Executive Officer

RICHARD F. TUSING

/S/ RICHARD F. TUSING   8/8/00
-----------------------------------

DANIEL R. DWIGHT

/S/ DANIEL R. DWIGHT   8/21/00
-----------------------------------

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Exhibit A -- Statement of Work

         1.    Create  investor  Powerpoint   presentation  draft  and  investor
executive summary

         2.    Review and comment upon TSET's Form 10K draft

         3.    Review, suggest modifications,  and rewrite as necessary business
plans (including financial models and marketing plans)

         4.    Review and create  license  strategy  and general  term sheet for
Kronos Air Technologies; assist in marketing as requested

         5.    Detailed  review  of Atomic  Soccer  and  EdgeAudio.com  business
plans; evaluate strategies for improved scalability and business effectiveness

         6.    Other  work  efforts  in  support  of TSET and  subsidiaries,  as
mutually agreed

*******************

Maximum 1200 hours during the next 6-month  period,  unless  otherwise  mutually
agreed in writing.  All work product and completion  dates are subject to change
by mutual agreement.

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<PAGE>EXHIBIT 10.16

                                 PREFERRED STOCK
                               PURCHASE AGREEMENT

        THIS PREFERRED  STOCK  PURCHASE  AGREEMENT  ("Agreement")  is made as of
September 12, 2000, by and between  EdgeAudio.  Com, Inc. an Oregon  corporation
(the "Company") and Bryan Holbrook ("Investor").

        WHEREAS,  Investor desires to purchase,  and the Company desires to sell
and issue to Investor,  shares of the Company's  Series A Convertible  Preferred
Stock ("Series A Stock").

        NOW, THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the parties hereby agree as follows:

        1.     PURCHASE AND SALE OF STOCK

               1.1    SALE AND ISSUANCE OF COMMON STOCK

               (a) The  Company  shall  adopt  and  file  with  the  Corporation
Division  of the  Secretary  of State of the State of  Oregon  on or before  the
Closing, as defined in Section 1.2 herein, the Amended Articles of Incorporation
in the form attached hereto as Exhibit A ("Amended Articles of Incorporation").

               (b)  Subject  to the  terms  and  conditions  of this  Agreement,
Investor  agrees  to  purchase,  and the  Company  agrees  to sell and  issue to
Investor,  at the Closing,  25,000 shares of Series A Stock at a price of $28.00
per share,  for $700,000.00 in the aggregate (the "Purchase  Price").  The first
$250,000  of the  Purchase  Price  shall be paid by Investor by check or by wire
transfer  at  Closing  as defined in  Section  1.2  herein.  The  balance of the
Purchase  Price shall be paid by check or wire  transfer upon the earlier of (i)
demand by the Company's chief executive  officer,  or (ii) 90 days following the
Closing.  The parties  intend that the  Investor's  obligation to pay the entire
aggregate amount of the Purchase Price shall be absolute and unconditional,  and
that the Investor shall not object,  condition,  delay, or interpose any defense
in connection  with making  payment(s) of the Purchase  Price as provided in the
immediately  preceding  sentence or the  Company's  enforcement  of its right to
receive the aggregate amount of the Purchase Price, as aforesaid.

               1.2.   CLOSING

               The  purchase  and sale of the Series A Stock shall take place at
the  offices of the  Company on the date  first set forth  above,  or such other
location and time as the Company and Investor  mutually  agree upon,  which time
and place shall be designated as the "Closing".  Promptly  following payment for
part or all of the shares of Series A Stock that  Investor  is  purchasing,  the
Company  shall  deliver  to  Investor  a  certificate  or a  Statement  of Share
Ownership  pursuant to ORS 60.164  representing the number of shares of Series A
Stock that Investor has paid for.

PAGE 1 - PREFERRED STOCK PURCHASE AGREEMENT
<PAGE>

        2.     REPRESENTATIONS AND WARRANTIES OF THE COMPANY

        The Company  represents and warrants to Investor that, as of the date of
this Agreement:

               2.1    ORGANIZATION; GOOD STANDING; QUALIFICATION

               The Company is a corporation  duly organized and validly existing
under the laws of the State of Oregon and has the requisite  corporate power and
authority  to own and  operate  its  properties  and assets  and to conduct  its
business as now  conducted  and as proposed to be  conducted  in the future,  to
execute and deliver this Agreement and the other agreements contemplated herein,
to issue the Series A Stock and to carry out the  provisions  of this  Agreement
and the other agreements  contemplated herein. The Company is now, or will be as
soon as  practicable  after  Closing,  duly qualified and authorized to transact
business and is in good standing as a foreign  corporation in each  jurisdiction
in which the failure to so qualify would have a material  adverse  affect on its
business, properties, prospects or financial condition.

               2.2    CAPITALIZATION

               The  authorized  capital stock of the Company  consists,  or will
consist immediately prior to Closing, of:

               (a) PREFERRED STOCK.  25,000 shares of Preferred Stock,  one-cent
par value,  all of which have been designated as Series A Convertible  Preferred
Stock  ("Series A Stock"),  which will be sold pursuant to this  Agreement.  The
rights,  privileges  and  preferences of the Series A Stock are as stated in the
Amended Articles of Incorporation.

               (b) COMMON STOCK.  1,000,000 shares of Common Stock, one-cent par
value, ("Common Stock") of which 100,000 shares are issued and outstanding.

               (c) The outstanding shares of Series A Stock and the Common Stock
have been duly authorized and validly issued, are fully paid and nonassessable.

               (d) There are no outstanding options,  warrants, rights, proxy or
stockholders  agreements of any kind for the purchase from the Company of any of
its securities.

               2.3    AUTHORIZATION

               All  corporate  action on the part of the Company,  its officers,
directors and Investors necessary for the authorization,  execution and delivery
of this Agreement and the other agreements and transactions contemplated herein,
the performance of all  obligations of the Company  hereunder and thereunder and
the  authorization,  issuance  and  delivery  of the  Series A Stock  being sold
hereunder  have been or will be taken prior to the Closing.  This  Agreement and
the other agreements  contemplated  herein  constitute valid and legally binding
obligations of the Company, enforceable in accordance with their terms.

               2.4    VALID ISSUANCE OF SERIES A STOCK

               The Series A Stock, when issued, sold and delivered in accordance
with  this  Agreement,   will  be  duly  and  validly  issued,  fully  paid  and

PAGE 2 - PREFERRED STOCK PURCHASE AGREEMENT

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nonassessable  and free of any liens or encumbrances  created by the Company and
will be issued in compliance with applicable federal and state securities laws.

               2.5    GOVERNMENTAL CONSENTS

               No consent,  approval,  order or authorization of,  registration,
qualification or filing with, any federal, state or local governmental authority
is required on the part of the Company in connection  with the  consummation  of
the  transactions  contemplated by this Agreement,  except for filings,  if any,
required  pursuant to applicable  state  securities  laws, which filings will be
made within the required statutory period.

               2.6    SUBSIDIARIES

               The Company does not own or control, directly or indirectly,  any
interest in any other corporation, association, partnership or other entity. The
Company  is not a  participant  in any joint  venture,  partnership  or  similar
arrangement.

               2.7    PERMITS

               The Company has all permits,  licenses and similar authorizations
necessary for the conduct of its business as now being conducted by it, the lack
of which  could  materially  and  adversely  affect  the  business,  properties,
prospects,  or  financial  condition  of the  Company and  believes  that it can
obtain,  without undue burden or expense,  any similar authority for the conduct
of its  business as  presently  planned to be  conducted.  The Company is not in
default in any  material  respect  under any such  permits,  licenses or similar
authority.

               2.8    COMPLIANCE WITH OTHER INSTRUMENTS

               The  Company  is not in  violation  or  default  in any  material
respect  of any  provision  of its  Articles  of  Incorporation,  as  amended or
restated,  or Bylaws or in any  material  respect  of any  mortgage,  indenture,
agreement, instrument or contract to which it is a party or by which it is bound
or, to the best of its knowledge, of any federal or state judgment, order, writ,
decree,  statute,  rule,  regulation or  restriction  applicable to the Company,
which violation or default would have a material adverse effect on its business,
properties,  prospects  or  financial  condition.  The  execution,  delivery and
performance of this Agreement and the other agreements  contemplated  herein and
the  consummation of the transactions  contemplated  hereby and thereby will not
result in any such  violation  or default or require any consent  under or be in
conflict  with or  constitute  either a  violation  or  default  under  any such
mortgage, indenture, agreement, instrument or contract or an event which results
in the  creation  of any  liens,  charge or  encumbrance  upon any assets of the
Company.

               2.9    LITIGATION

               There is no action, suit, proceeding or investigation pending or,
to the Company's  knowledge,  currently threatened against the Company or any of
its  officers,  directors,  employees or agents which  questions the validity of
this Agreement or the other agreements  contemplated  herein or the right of the
Company  to  enter  into  such  agreements  or to  consummate  the  transactions
contemplated  hereby or thereby,  or which might result in any material  adverse

PAGE 3 - PREFERRED STOCK PURCHASE AGREEMENT

<PAGE>

change in the assets, conditions, affairs, prospects or business of the Company,
financially or otherwise,  or any change in the current equity  ownership of the
Company.

               2.10   DISCLOSURE

               The Company has provided Investor with all information reasonably
available  to it without  undue  expense  that  Investor,  and/or its agents and
representatives,  has  requested  for deciding  whether to purchase the Series A
Stock and all information that the Company  believes is reasonably  necessary to
enable  Investor to make such decision.  To the best of the Company's  knowledge
after reasonable investigation, neither this Agreement not any other agreements,
written statements made or delivered in connection  herewith contains any untrue
statement of a material fact or omits to state a material fact necessary to make
the statements herein or therein not misleading.

               2.11   TITLE TO PROPERTY AND ASSETS

               The Company has good and  marketable  title to its properties and
assets,  free and clear of any  material  liens,  claims or  encumbrances.  With
respect to the property and assets it leases,  the Company is in compliance with
such leases and, to the best of its knowledge,  holds a valid leasehold interest
free of any material liens, claims or encumbrances.

               2.12   OFFERING

               Subject  in  part  to  the  truth  and  accuracy  of   Investor's
representations set forth in this Agreement, the offer, sale and issuance of the
Series A Stock  contemplated by this Agreement are exempt from the  registration
requirements  of the  Securities  Act of 1933,  as amended (the "Act"),  and are
exempt from  registration or  qualification  under  applicable  state securities
laws. Neither the Company nor any authorized representative acting on its behalf
will take any action hereafter that would cause the loss of such exemption.

        3.     REPRESENTATIONS AND WARRANTIES OF INVESTOR

               Investor hereby represents and warrants to the Company that:

               3.1    AUTHORIZATION

               Investor  has full power and  authority  to execute,  deliver and
perform his  obligations  under this Agreement and to own the Series A Stock and
this Agreement constitutes a valid and legally binding obligation of Investor.

               3.2    PURCHASE ENTIRELY FOR OWN ACCOUNT

               This  Agreement  is made  with  Investor  in  reliance  upon  its
representation to the Company, which, by Investor's execution of this Agreement,
Investor  hereby  confirms,  that the Series A Stock to be  received by Investor
will be acquired for  investment  for his own account and not with a view to the
distribution  of any part thereof and that Investor has no present  intention of
selling, granting any participation in, or otherwise distributing the same.

PAGE 4 - PREFERRED STOCK PURCHASE AGREEMENT

<PAGE>

               3.3    DISCLOSURE OF INFORMATION; DUE DILIGENCE

               Investor  represents  that  he  has  had  an  opportunity  to ask
questions of and receive answers from the Company  regarding the Company and the
terms  and  conditions  of the  offering  of the  Series A Stock  and to  obtain
additional  information  necessary  to verify the  accuracy  of the  information
supplied or to which it had access.

               3.4    INVESTMENT EXPERIENCE; ACCREDITED INVESTOR STATUS

               Investor  represents  that he is  experienced  in evaluating  and
investing in private  placement  transactions  of  securities  of companies in a
similar stage of development as the Company and acknowledges  that he is able to
fend for himself,  can bear the economic risk of such an investment and has such
knowledge and experience in financial and business matters that he is capable of
evaluating  the  merits  and  risks  of the  investment  in the  Series A Stock.
Investor  understands  that  the  Series  A  Stock  to  be  purchased  hereunder
constitutes  a  speculative  risk  and  that  the  Series  A Stock  has not been
registered under the Act, or the securities laws of any jurisdiction,  by reason
of reliance upon certain of Investor's representations and warranties under this
Section  3.  Investor  is  familiar  with  Regulation  D  promulgated  under the
Securities Act of 1933 and is an "accredited investor" as defined in Rule 501(a)
of such Regulation D.

               3.5    RESTRICTED SECURITIES

               Investor  understands  that the  Series  A Stock to be  purchased
hereunder and the Common Stock issuable from time to time upon conversion of the
Series A Stock are characterized as "restricted securities" under the Securities
Act of 1933 and that consequently the transferability and resale of the Series A
Stock and the Common Stock will be limited.

               Investor understands that any certificate evidencing the Series A
Stock to be purchased hereunder and any Common Stock issuable upon conversion of
the Series A Stock will bear a legend in substantially the following form:

               THE  SHARES   REPRESENTED  BY  THIS  CERTIFICATE  HAVE  NOT  BEEN
               REGISTERED UNDER THE SECURITIES ACT OF 1933. THE SHARES HAVE BEEN
               ACQUIRED  WITHOUT A VIEW TO DISTRIBUTION  AND MAY NOT BE OFFERED,
               SOLD,  TRANSFERRED,  PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN
               EFFECTIVE REGISTRATION STATEMENT FOR THE SHARES UNDER THE ACT AND
               UNDER ANY  APPLICABLE  SECURITIES  LAWS, OR AN OPINION OF COUNSEL
               ACCEPTABLE  TO THE  CORPORATION  THAT  SUCH  REGISTRATION  IS NOT
               REQUIRED AS TO SUCH SALE OR OFFER.

               3.6    INDEMNIFICATION

               Investor  shall  indemnify  and hold  harmless the  Company,  its
officers, directors,  employees,  nominees, and agents against any damage, claim
or liability and the costs of any action or proceeding  brought as the result of
any  untrue  representation,   warranty  or  agreement  made  herein.   Investor
understands that such liability could substantially exceed the Purchase Price of

PAGE 5 - PREFERRED STOCK PURCHASE AGREEMENT

<PAGE>

the  Series  A Stock,  particularly  if the  untrue  representations  relate  to
Investor's  status as an  accredited  investor,  as  represented  in Section 3.4
herein.

        4.     CONDITIONS OF INVESTOR'S OBLIGATIONS AT CLOSING

        The  obligations  of Investor  under  Section 1.1 of this  Agreement are
subject  to the  fulfillment  at or  before  Closing  of each  of the  following
conditions:

               4.1    REPRESENTATIONS AND WARRANTIES

               The  representations  and warranties of the Company  contained in
Section 2 of this Agreement  shall be true and correct in all material  respects
on and as of Closing  with the same  effect as though such  representations  and
warranties had been made as of the date of Closing.

               4.2    PERFORMANCE

               The  Company   shall  have   performed   and  complied  with  all
agreements,  obligations  and  conditions  contained in this  Agreement that are
required to be performed or complied with by it before Closing.

               4.3    CORPORATE DOCUMENTS

               The Company  shall have  delivered  to  Investor or its  counsel,
copies of all corporate  documents of the Company as Investor  shall  reasonably
request.

               4.4    DELIVERY OF SHARES

               The Company  shall have  delivered to Investor at Closing a stock
certificate  or  a  Statement  of  Share   Ownership   pursuant  to  ORS  60.164
representing  25,000  shares of the Series A Stock to be  purchased  by Investor
hereunder by payment of the Purchase Price called for by Section 1.1.

               4.5    CONSENTS, PERMITS AND WAIVERS

               The Company shall have obtained all consents, permits and waivers
necessary  for  the  consummation  of  the  transactions  contemplated  by  this
Agreement and the other agreements contemplated herein.

               4.6    QUALIFICATIONS

               All  authorizations,   approvals  or  permits,  if  any,  of  any
governmental  authority or regulatory  body of the United States or of any state
that are required in connection  with the lawful issuance and sale of the Series
A Stock  pursuant to this  Agreement  shall be duly  obtained  and  effective at
Closing.

               4.7    PROCEEDINGS AND DOCUMENTS

               All  corporate  and  other  proceedings  in  connection  with the
transactions   contemplated  at  Closing  and  all  documents  incident  thereto
including evidence of the filing of the Restated Articles of Incorporation shall

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<PAGE>

be  satisfactory in form and substance to Investor and its legal counsel and its
counsel shall have received all such counterpart original and certified or other
copies of such documents as they may reasonable request.

               4.9    MATERIAL ADVERSE OCCURRENCE

               There shall not occurred any event or condition of any  character
that might,  in the  reasonable  opinion of Investor,  materially  and adversely
affect  the  business,  properties,  prospects  or  financial  condition  of the
Company,  as such  business  is  presently  conducted  and as is  proposed to be
conducted.

        5.     CONDITIONS FOR THE COMPANY'S OBLIGATIONS AT CLOSING

        The  obligations  of the Company to Investor  under this  Agreement  are
subject  to the  fulfillment  at or  before  Closing  of each  of the  following
conditions:

               5.1    REPRESENTATIONS AND WARRANTIES

               The  representations  and  warranties  of Investor  contained  in
Section 3, shall be true in all material  respects on and as of Closing with the
same effect as though such  representations  and  warranties had been made as of
the date of Closing.

               5.2    PAYMENT OF PURCHASE PRICE

               Investor  shall have  delivered to the Company the Purchase Price
in the amount of  $700,000.00  for the shares of the Series A Stock as specified
in Section 1.1.

               5.3    SECURITIES LAWS QUALIFICATIONS

               The offer and sale to Investor  shall be qualified or exempt from
qualification  under all applicable  federal and state  securities  laws,  which
qualification  or exemption the Company shall have exercised its best efforts to
obtain.

        6.     REGISTRATION RIGHTS

        The Company covenants and agrees as follows:

               6.1.   DEFINITIONS

               For purposes of this Section 6, the  following  definitions  will
apply:

               "AGREEMENT" means this Registration Rights Agreement.

               "BOARD" means the Board of Directors of the Company.

               "COMMON STOCK" means the common stock of the Company

               "COMMISSION" means the Securities and Exchange Commission.

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<PAGE>

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

               "PERSON"  includes  any  natural  person,   corporation,   trust,
association,  company,  partnership,  joint  venture  and other  entity  and any
government, governmental agency, instrumentality or political subdivision

               "REGISTER",   "REGISTERED"   and   "REGISTRATION"   refer   to  a
registration  effected  by  preparing  and filing a  registration  statement  in
compliance  with the  Securities  Act,  and the  declaration  or ordering of the
effectiveness of such registration statement.

               "REGISTRABLE  SECURITIES"  means (1)  Common  Stock  issuable  or
issued upon conversion of the outstanding  Series A Stock and (2) any securities
issued or issuable  with respect to the Common  Stock  referred to in clause (1)
above  by way of a  stock  dividend  or  stock  split  or in  connection  with a
combination   of   shares,   reclassification,   recapitalization,   merger   or
consolidation or reorganization;  provided,  however, that such shares of Common
Stock  shall only be treated as  Registrable  Securities  if and so long as they
have not been (i) sold to or  through a broker or  dealer  or  underwriter  in a
public  distribution  or a  public  securities  transaction,  or (ii)  sold in a
transaction exempt from the registration and prospectus delivery requirements of
the Securities Act under Section 4(l) thereof so that all transfer  restrictions
and  restrictive  legends with respect to such Common Stock are removed upon the
consummation  of such sale and the seller and  purchaser  of such  Common  Stock
receive an pinion of counsel for the Company, which shall be in form and content
reasonably satisfactory to the seller and buyer and their respective counsel, to
the  effect  that  such  Common  Stock in the hands of the  purchaser  is freely
transferable without restriction or registration under the Securities Act in any
public or private transaction.

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

               6.2    COMPANY REGISTRATION

               (a) Each time the Company shall  determine to file a registration
statement  under  the  Securities  Act  (other  than  on  Form  S-4,  S-8  or  a
registration  statement on Form S-1 covering solely an employee benefit plan) in
connection  with the proposed  offer and sale for money of any of its securities
either  for its own  account  or on  behalf of any other  security  holder,  the
Company agrees to give promptly written notice of its determination to Investor.
Upon the written  request of Investor  given  within  thirty (30) days after the
receipt of such written notice from the Company, the Company agrees to cause all
such  Registrable  Securities,  which  Investor  has so  requested  registration
thereof, to be included in such registration  statement and registered under the
Securities  Act,  all to the  extent  requisite  to  permit  the  sale or  other
disposition by Investor of the Registrable Securities to be so registered.

               (b) If the registration of which the Company gives written notice
pursuant to Section 2(a) is for a public offering involving an underwriting, the
Company agrees to so advise  Investor as a part of its written  notice.  In such
event the right of Investor to  registration  pursuant to this Section 6.2 shall
be  conditioned  upon  Investor's  participation  in such  underwriting  and the
inclusion of Investor's Registrable Securities in the underwriting to the extent
provided  herein.  Investor  agrees to enter into (together with the Company and
the other holders  distributing  their securities  through such underwriting) an
underwriting  agreement with the underwriter or  underwriters  selected for such

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<PAGE>

underwriting  by the Company,  provided that such  underwriting  agreement is in
customary form.

               (c)  Notwithstanding  any other provision of this Section 6.2, if
the managing underwriter of an underwritten distribution advises the Company and
Investor  in  writing  that in its good faith  judgment  the number of shares of
Registrable  Securities  and the other  securities  requested  to be  registered
exceeds  the number of shares of  Registrable  Securities  and other  securities
which can be sold in such offering, then (i) the number of shares of Registrable
Securities  and other  securities  so  requested  to be included in the offering
shall be reduced to that  number of shares  which in the good faith  judgment of
the managing  underwriter can be sold in such offering  (except for shares to be
issued by the Company in an offering initiated by the Company,  which shall have
priority  over the  shares of  Registrable  Securities),  and (ii) such  reduced
number of shares  shall be  allocated  among  Investor  and the holders of other
securities in proportion, as nearly as practicable,  to the respective number of
shares of Registrable Securities and other securities held by Investor and other
holders  at the time of  filing  the  registration  statement.  All  Registrable
Securities  and other  securities  which are excluded from the  underwriting  by
reason of the  underwriter's  marketing  limitation  and all  other  Registrable
Securities not  originally  requested to be so included shall not be included in
such registration and shall be withheld from the market by Investor for a period
which the managing underwriter  reasonably determines is necessary to effect the
underwritten public offering.

               6.3  REGISTRATION  PROCEDURES.  If and  whenever  the  Company is
required by the provisions of Section 6.2 hereof to effect the  registration  of
Registrable Securities under the Securities Act, the Company, at its expense and
as expeditiously as possible, agrees to:

                      (a)  In  accordance   with  the  Securities  Act  and  all
applicable  rules  and  regulations,  prepare  and file  with the  Commission  a
registration  statement with respect to such securities and use its best efforts
to cause such  registration  statement to become and remain  effective until the
securities  covered by such  registration  statement have been sold, and prepare
and  file  with  the  Commission   such   amendments  and  supplements  to  such
registration  statement and the prospectus contained therein as may be necessary
to keep such registration  statement  effective and such registration  statement
and  prospectus  accurate  and  complete  until the  securities  covered by such
registration statement have been sold;

                      (b) If the offering is to be  underwritten  in whole or in
part,  enter  into a  written  underwriting  agreement  in  form  and  substance
reasonably  satisfactory to the managing  underwriter of the public offering and
Investor;

                      (c)  Furnish  to  Investor  and  the  underwriters  of the
securities being registered such number of copies of the registration  statement
and  each  amendment  and  supplement  thereto,  preliminary  prospectus,  final
prospectus  and such other  documents  as such  underwriters  and  Investor  may
reasonably   request  in  order  to  facilitate  the  public  offering  of  such
securities;

                      (d) Use its  best  efforts  to  register  or  qualify  the
securities covered by such registration statement under such state securities or
blue sky laws of such  jurisdictions as Investor and underwriters may reasonably
request within ten (10) days prior to the original  filing of such  registration
statement,  except  that the  Company  shall not for any  purpose be required to

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<PAGE>

execute a general  consent to service of process or to qualify to do business as
a foreign corporation in any jurisdiction where it is not so qualified;

                      (e)  Notify  Investor,  promptly  after it  shall  receive
notice thereof,  of the date and time when such registration  statement and each
post-effective  amendment  thereto has become  effective or a supplement  to any
prospectus forming a part of such registration statement has been filed;

                      (f)  Notify  Investor  promptly  of  any  request  by  the
Commission for the amending or supplementing of such  registration  statement or
prospectus or for additional information;

                      (g) Prepare and file with the  Commission,  promptly  upon
the request of Investor,  any  amendments or  supplements  to such  registration
statement  or  prospectus  which,  in the  opinion of counsel for  Investor,  is
required  under the Securities  Act or the rules and  regulations  thereunder in
connection with the distribution of the Registrable Securities by Investor;

                      (h) Prepare and file  promptly  with the  Commission,  and
promptly  notify  Investor of the filing of, such  amendments or  supplements to
such  registration  statement or  prospectus  as may be necessary to correct any
statements  or  omissions  if, at the time when a  prospectus  relating  to such
securities is required to be delivered  under the Securities  Act, any event has
occurred as the result of which any such  prospectus or any other  prospectus as
then in effect would  include an untrue  statement of a material fact or omit to
state any material fact  required to be stated  therein or necessary to make the
statements therein not misleading;

                      (i) In case  Investor or any  underwriter  for Investor is
required  to  deliver  a  prospectus  at a time  when  the  prospectus  then  in
circulation  is not in  compliance  with the  Securities  Act or the  rules  and
regulations of the Commission,  prepare promptly upon request such amendments or
supplements  to  such  registration  statement  and  such  prospectus  as may be
necessary in order for such  prospectus to comply with the  requirements  of the
Securities Act and such rules and regulations;

                      (j)  Advise  Investor,  promptly  after it  shall  receive
notice or obtain  knowledge  thereof,  of the  issuance of any stop order by the
Commission  suspending the effectiveness of such  registration  statement or the
initiation or  threatening  of any  proceeding for that purpose and promptly use
its best  efforts to  prevent  the  issuance  of any stop order or to obtain its
withdrawal if such stop order should be issued;

                      (k) Not file any  registration  statement or prospectus or
any  amendment or  supplement  to such  registration  statement or prospectus to
which  Investor has  reasonably  objected on the grounds that such  registration
statement or prospectus  or amendment or  supplement  thereto does not comply in
all material  respects with the  requirements of the Securities Act or the rules
and regulations  thereunder,  after having been furnished with a copy thereof at
least five (5) business  days prior to the filing  thereof;  provided,  however,
that the  failure  of  Investor  or its  counsel  to  review  or  object  to any
registration  statement or  prospectus  or any  amendment or  supplement to such
registration  statement or prospectus shall not affect the rights of Investor or
its respective officers,  directors,  legal counsel,  accountants or controlling
Persons or any underwriter or any controlling Person of such underwriter;

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<PAGE>

                      (l)  Make  available  for   inspection   upon  request  by
Investor,  by any  managing  underwriter  of  any  distribution  to be  effected
pursuant to such registration statement and by any attorney, accountant or other
agent retained by any Investor or any such underwriter,  all financial and other
records,  pertinent corporate documents and properties of the Company, and cause
all of the Company's officers, directors and employees to supply all information
reasonably requested by Investor, underwriter,  attorney, accountant or agent in
connection with such registration statement; and

                      (m) At the request of Investor, furnish to Investor on the
effective date of the registration  statement or, if such registration  includes
an underwritten public offering, at the closing provided for in the underwriting
agreement,  (i) an  opinion  dated  such date of the  counsel  representing  the
Company for the purposes of such registration, addressed to the underwriters, if
any, and to  Investor,  covering  such matters with respect to the  registration
statement, the prospectus and each amendment or supplement thereto,  proceedings
under state and federal  securities laws, other matters relating to the Company,
the securities being registered and the offer and sale of such securities as are
customarily the subject of opinions of issuer's counsel provided to underwriters
in underwritten public offerings, and such opinion of counsel shall additionally
cover  such legal and  factual  matters  with  respect  to the  registration  as
Investor may reasonably  request,  and (ii) letters dated each of such effective
date and such closing date, from the independent certified public accountants of
the Company,  addressed to the  underwriters,  if any, and to Investor,  stating
that they are independent certified public accountants within the meaning of the
Securities Act and dealing with such matters as the underwriters may request, or
if the offering is not underwritten  that in the opinion of such accountants the
financial  statements and other  financial  data of the Company  included in the
registration  statement or the prospectus or any amendment or supplement thereto
comply in all material respects with the applicable  accounting  requirements of
the  Securities  Act,  and  additionally  covering  such  other  accounting  and
financial matters,  including  information as to the period ending not more than
five (5)  business  days prior to the date of such  letter  with  respect to the
registration statement and prospectus, as Investor may reasonably request.

               6.4    EXPENSES

               (a) With  respect  to each  inclusion  of shares  of  Registrable
Securities in a registration  statement pursuant to this Section 6.2 hereof, the
Company  agrees to bear all fees,  costs and expenses of and  incidental to such
registration and the public offering in connection therewith; provided, however,
that Investor participating in any such registration agrees to bear its pro rata
share of the underwriting discount and commissions.

               (b) The fees,  costs and expenses of  registration to be borne as
provided  in  paragraph  (a)  above,  shall  include,  without  limitation,  all
registration, filing and NASD fees, printing expenses, fees and disbursements of
counsel and accountants for the Company,  fees and  disbursements of counsel for
the  underwriter  or  underwriters  of such  securities  (if the Company  and/or
selling  security  holders  are  otherwise   required  to  bear  such  fees  and
disbursements), all legal fees and disbursements and other expenses of complying
with  state  securities  or blue sky  laws of any  jurisdictions  in  which  the
securities to be offered are to be registered or qualified,  reasonable fees and
disbursements of one firm of counsel for the selling security holders,  selected
by Investor,  and the premiums and other costs of policies of insurance  against
liability arising out of such public offering.

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               6.5    INDEMNIFICATION

               (a) The Company  hereby  agrees to  indemnify  and hold  harmless
Investor  pursuant  to the  provisions  of  this  Agreement  and  each  of  such
Investor's officers,  directors, legal counsel and accountants,  and each Person
who controls  such  Investor  within the meaning of the  Securities  Act and any
underwriter (as defined in the Securities Act) for such Investor, and any Person
who controls such underwriter within the meaning of the Securities Act, from and
against,  and agrees to  reimburse  Investor,  its  officers,  directors,  legal
counsel,  accountants  and  controlling  Persons and each such  underwriter  and
controlling  Person of such  underwriter  with  respect  to, any and all claims,
actions (actual or threatened), demands, losses, damages, liabilities, costs and
expenses to which Investor, its officers,  directors, legal counsel, accountants
or controlling  Persons,  or any such underwriter or controlling  Person of such
underwriter may become subject under the Securities Act or otherwise, insofar as
such claims, actions, demands, losses, damages,  liabilities,  costs or expenses
arise out of or are based upon any untrue  statement or alleged untrue statement
of any material fact contained in such  registration  statement,  any prospectus
contained therein,  or any amendment or supplement  thereto,  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;  provided,  however, that the Company will not be liable in any such
case to the extent that any such claim, action, demand, loss, damage, liability,
cost or expense is caused by an untrue  statement or alleged untrue statement or
omission  or  alleged  omission  so  made  in  strict  conformity  with  written
information  furnished by Investor,  such underwriter or such controlling Person
specifically for use in the preparation thereof.

               (b) Investor  hereby  agrees to indemnify  and hold  harmless the
Company, its officers,  directors, legal counsel and accountants and each Person
who  controls the Company  within the meaning of the  Securities  Act,  from and
against,  and agrees to reimburse the Company,  its officers,  directors,  legal
counsel,  accountants  and  controlling  Persons  with  respect  to, any and all
claims, actions,  demands,  losses, damages,  liabilities,  costs or expenses to
which the Company, its officers,  directors, legal counsel,  accountants or such
controlling  Persons may become  subject under the  Securities Act or otherwise,
insofar as such claims, actions, demands, losses, damages, liabilities, costs or
expenses  are caused by any untrue or alleged  untrue  statement of any material
fact contained in such registration statement,  any prospectus contained therein
or any amendment or  supplement  with respect to any claims,  actions,  demands,
losses, damages,  liabilities,  costs or expenses referred to therein, then each
indemnifying  party  under any such  subsection,  in lieu of  indemnifying  such
indemnified party thereunder,  hereby agrees to contribute to the amount paid or
payable by such indemnified party as a result of such claims, actions,  demands,
losses,  damages,  liabilities,  costs  or  expenses  in such  proportion  as is
appropriate to reflect the relative fault of the  indemnifying  party on the one
hand and of the indemnified party on the other in connection with the statements
or omissions which resulted in such claims, actions,  demands,  losses, damages,
liabilities,  costs  or  expenses,  as  well  as any  other  relevant  equitable
considerations.  The  relative  fault  of  the  indemnifying  party  and  of the
indemnified  party shall be  determined  by reference  to,  among other  things,
whether  the  untrue or  alleged  untrue  statement  of a  material  fact or the
omission or alleged  omission to state a material  fact  relates to  information
supplied by the indemnifying  party or by the indemnified party and the parties,
relative intent, knowledge,  access to information and opportunity to correct or
prevent such statement or omission.  Notwithstanding  the foregoing,  the amount
Investor shall be obligated to contribute  pursuant to this subsection (d) shall
be limited to an amount equal to the per share public  offering  price (less any

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<PAGE>

underwriting  discount and  commissions)  multiplied  by the number of shares of
Registrable  Securities sold by Investor pursuant to the registration  statement
which gives rise to such obligation to contribute  (less the aggregate amount of
any damages which Investor has otherwise been required to pay in respect of such
claim,  action,  demand,  loss,  damage,  liability,  cost  or  expense  or  any
substantially similar claim, action,  demand, loss, damage,  liability,  cost or
expense arising from the sale of such Registrable Securities).  No person guilty
of  fraudulent  misrepresentation  (within the  meaning of Section  11(f) of the
Securities Act) shall be entitled to contribution  hereunder from any person who
was not guilty of such fraudulent misrepresentation.

               6.6.  INVESTOR  INFORMATION.  The Company may request Investor to
furnish the  Company  with such  information  with  respect to Investor  and the
distribution  of  Registrable  Securities  as the  Company may from time to time
reasonably  request  in  writing  and  as  shall  be  required  by law or by the
Commission in connection  therewith,  and Investor agrees to furnish the Company
with such information.

        7.     COVENANTS OF THE COMPANY

               7.1    DELIVERY OF FINANCIAL INFORMATION AND OTHER INFORMATION

               The Company shall deliver to Investor:

               (a) as soon as practicable, but in any event within 10 days after
the end of each month, an unaudited  income statement and balance sheet for such
month end.;

               (b) such other information  relating to the financial  condition,
business, prospects,  corporate affairs of the Company as Investor may from time
to time reasonably request; and

               (c)    any information provided to the holders of Common Stock.

The  information  provided  pursuant  this  Section 7 shall be used by  Investor
solely in  furtherance  of his  interests  as an  investor  in the  Company  and
Investor shall maintain the  confidentiality of all confidential  information of
the Company obtained under this Section 7.

               7.2    RESERVATION OF COMMON STOCK

               The Company will at all times reserve and keep available,  solely
for issuance  and delivery  upon the  conversion  of Series A Stock,  all Common
Stock issuable from time to time upon such conversion.

        8.     MISCELLANEOUS

               8.1    SURVIVAL OF WARRANTIES

               The warranties,  representations and covenants of the Company and
Investor  contained  in or made  pursuant to this  Agreement  shall  survive the
execution and delivery of this Agreement and Closing.

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               8.2    SUCCESSORS AND ASSIGNS

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

               8.3    GOVERNING LAW

               This  Agreement  shall be governed by and construed in accordance
with the laws of the State of Oregon.

               8.4    COUNTERPARTS

               This Agreement may be executed in two or more counterparts,  each
of which shall be deemed an original, but all of which together shall constitute
one and the same instrument.

               8.5    TITLES AND SUBTITLES

               The  titles and  subtitles  used in this  Agreement  are used for
convenience only and are not to be considered in construing or interpreting this
Agreement.

               8.6    NOTICES

               All  notices  required  or  permitted  to  be  given  under  this
Agreement shall be in writing.  Notices may be served by certified or registered
mail,  postage  pre-paid  with return  receipt  requested;  by private  courier,
prepaid; by facsimile or other telecommunications device, or personally.  Mailed
notices  shall  be  deemed  delivered  five  (5) days  after  mailing,  properly
addressed.  Notices by courier  shall be deemed  delivered  on the date that the
courier  warrants that delivery  occurred.  Telecommunications  notices shall be
deemed delivered when receipt is confirmed by confirming transmission.  Unless a
party  changes  its  address  by giving  notice to the other  party as  provided
herein,  notices shall be delivered to the parties at the addresses set forth on
the signature page of this Agreement.

               To Investor:

               Bryan Holbrook
               142 N. Blue Sage
               Layton, UT 84040

               To Company:

               EdgeAudio.Com, Inc.
               16018 S.W. Parker Road, Suite A
               Lake Oswego, OR 97223
               Facsimile: (503) 293-8412

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               8.7    ATTORNEYS' FEES

               If any suit or action arising out of or related to this Agreement
is brought by any party,  the prevailing  party shall be entitled to recover its
costs and fees, including reason attorneys' fees, incurred by such party in such
suit or action, including any appellate proceeding.

               8.8    AMENDMENTS AND WAIVERS

               After Closing, any provision of this Agreement may be amended and
the  observance of any provision may be waived only with the written  consent of
the Company and Investor.

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               8.9    SEVERABILITY

               If one or more of the  provisions of this Agreement is held to be
unenforceable  under  applicable law, such provision shall be excluded from this
Agreement  and the balance of this  Agreement  shall be  interpreted  as if such
provision  were so excluded  and shall be  enforceable  in  accordance  with its
terms.

               8.10   ENTIRE AGREEMENT

               This  Agreement  and the other  documents  delivered  at  Closing
constitute the full and entire  understanding  and agreement between the parties
with respect to the subject  matter hereof and  supersede  all prior  agreements
with respect to the subject matter hereof.

               8.11   LEGAL COUNSEL

               This  Agreement  was  prepared by legal  counsel to the  Company.
Investor has been advised to seek the advice and representation of his own legal
counsel in connection  with this  Agreement and Investor has elected not to seek
such advice and representation.

        IN WITNESS  WHEREOF,  the parties have executed this Agreement as of the
date first above written.

EDGEAUDIO. COM, INC.                               INVESTOR

By:                                                 /s/ Bryan Holbrook
   ---------------------------------------         -----------------------------
      Robert I. Lightman, President                Bryan Holbrook

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<PAGE>

               8.10   ENTIRE AGREEMENT

               This  Agreement  and the other  documents  delivered  at  Closing
constitute the full and entire  understanding  and agreement between the parties
with respect to the subject  matter hereof and  supersede  all prior  agreements
with respect to the subject matter hereof.

               8.11   LEGAL COUNSEL

               This  Agreement  was  prepared by legal  counsel to the  Company.
Investor has been advised to seek the advice and representation of his own legal
counsel in connection  with this  Agreement and Investor has elected not to seek
such advice and representation.

        IN WITNESS  WHEREOF,  the parties have executed this Agreement as of the
date first above written.

EDGEAUDIO. COM, INC.                               INVESTOR

By: /s/ Robert I. Lightman
   ---------------------------------------         -----------------------------
      Robert I. Lightman, President                Bryan Holbrook

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<PAGE>

                                    EXHIBIT A

                        AMENDED ARTICLES OF INCORPORATION

PAGE 17 - PREFERRED STOCK PURCHASE AGREEMENT

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