Document:

Exhibit 10.22

    
      

    

    

      Exhibit
        10.22

      FORM
        OF

      PROMISSORY
        NOTE

       

      
        	
                $_______

              	
                ______________,
                  2005

              

      

      

      FOR
        VALUE RECEIVED,
        the
        undersigned, Impart Media Group, Inc. (f/k/a Limelight Media Group, Inc.),
        a
        Nevada corporation (the “Maker”), promises to pay to _____________, an
        individual residing at _______________________________________________ (the
        “Holder”), the principal sum of __________________________ DOLLARS ($________),
        without interest thereon, by wire transfer of immediately available funds
        to an
        account designated by Holder on or before December 1, 2005. 

       

      This
        Note
        may be prepaid by the Maker in whole at any time or in part from time to
        time,
        without penalty. 

       

      No
        change, amendment, modification, termination, waiver, or discharge, in whole
        or
        in part, of any provision of this Note shall be effective unless in writing
        and
        signed by Holder. 

       

      This
        Note
        shall become immediately due and payable automatically if the Maker shall
        commence a voluntary case or other proceeding seeking relief with respect
        to
        itself or its debts under any bankruptcy, insolvency or other similar law
        now or
        hereafter in effect or seeking the appointment of a trustee, receiver, custodian
        or other similar official of its or any substantial part of its property,
        or
        shall consent to any such relief or to the appointment of or taking of
        possession by any such official in an involuntary case or other proceeding
        commenced against it, or shall make a general assignment for the benefit
        of
        creditors.

      

      This
        Note
        shall be governed by and construed in accordance with the laws of the State
        of
        New York without giving effect to principles of conflict or choice of laws.
        

       

      Any
        amounts due hereunder that are not paid when due shall bear interest until
        paid
        in full at the rate of 8% per annum. Interest shall be calculated on the
        basis
        of a 360 day year for the actual number of days elapsed. 

       

      This
        Note
        shall inure to the benefit of Holder and its successors and assigns and shall
        be
        binding on Maker and its successors and assigns. 

       

      This
        Note
        shall not be assigned by Maker without Holder’s prior written
        consent.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Maker
        hereby waives presentment, demand for payment, protest and notice of
        dishonor.

      

      IN
        WITNESS WHEREOF,
        Maker
        has duly executed this Note the day and year first above written.

       

      
        	 	
                LIMELIGHT
                  MEDIA GROUP, INC.

              
	 	 	 
	 	
                By:         
                  

              	/s/
                David V. Lott
	 	
                Name:
                  David V. Lott

              
	 	
                Title:
                  Chief Executive Officer

              

      

       

      Payment
        additionally guaranteed individually by __________, personally, for the sums
        due
        plus any expense in collection thereof.

       

      
        	 	 
	
                Name:Exhibit 10.23

    
      

    

    

      Exhibit
        10.23

      

      THIS
        WARRANT AND THE SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN
        REGISTERED UNDER THE SECURITIES ACT OF 1933 ("FEDERAL ACT") OR THE SECURITIES
        LAWS OF ANY STATE IN RELIANCE UPON THE EXEMPTIONS CONTAINED THEREIN, AND
        IN
        PARTICULAR PARAGRAPH (13) OF SECTION 10-5-9 OF THE GEORGIA SECURITIES LAW.
        THIS
        WARRANT AND ANY SHARES ISSUED UPON EXERCISE OF THIS WARRANT MAY NOT BE OFFERED
        FOR SALE, SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE DISPOSED OF UNLESS
        REGISTERED UNDER THE FEDERAL ACT AND APPLICABLE STATE SECURITIES LAWS OR
        THE
        COMPANY IS SATISFIED THAT SUCH REGISTRATION IS NOT REQUIRED.

      

      IN
        MAKING
        AN INVESTMENT DECISION INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE
        COMPANY AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS
        INVOLVED.

      

      INVESTORS
        SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISK OF THIS
        INVESTMENT FOR AN INDEFINITE PERIOD OF TIME.

      

      
        	
                Warrant
                  to Purchase for __________ Shares of Common
                  Stock

              

      

      

      
        	 	 	
                FORM
                  OF

              	 	 
	 	 	
                IMPART
                  MEDIA GROUP, INC.

              	 	
                ___________,
                  2005

              
	 	 	
                WARRANT
                  CERTIFICATE

              	 	 

      

      

      

      1.    Issuance
        of Warrant; Term.

      

      (a)    For
        and
        in consideration of good and valuable consideration, the receipt and sufficiency
        of all of which are hereby acknowledged, Impart Media Group, Inc. (f/k/a
        Limelight Media Group, Inc.) (the "Company") hereby grants to
        _________________________ ("Holder") the right to purchase ________________
        shares of the Company's Common Stock, $.001 par value per share (the "Common
        Stock").

      

      (b)    The
        shares of Common Stock issuable upon exercise of this Warrant are hereinafter
        referred to as the "Shares." This Warrant shall be exercisable at any time
        and
        from time to time from the date hereof until this Warrant expires at 5:00
        P.M.
        Eastern time on Oct 10, 2008.

      

      2.    Exercise
        Price.
        The
        exercise price (the "Exercise Price") per share for which all or any of the
        Shares may be purchased pursuant to the terms of this Warrant shall be Zero
        Dollars and 01/100ths ($0.01)

      

      3.    Exercise.
        This
        Warrant may be exercised by the Holder hereof (but only on the conditions
        hereafter set forth) as to all or any increment or increments of ten (10)
        Shares
        (or the balance of the Shares if less than that number), upon delivery of
        written notice of intent to exercise to the Company at the following address:
        1300 N. Northlake Way, Seattle, WA 98103, Attention: David V. Lott, Chief
        Executive Officer, or any other address as the Company shall designate in
        a
        written notice to the Holder hereof, together with this Warrant and payment
        to
        the Company of the aggregate Exercise Price of the Shares so purchased. The
        Exercise Price shall be payable by certified or bank check. Upon exercise
        of
        this Warrant, the Company shall as promptly as practicable, and in any event
        within fifteen (15) days thereafter, execute and deliver to the Holder of
        this
        Warrant a certificate or certificates for the total number of whole Shares
        for
        which this Warrant is being exercised in the names and denominations as are
        requested by the Holder. If this Warrant shall be exercised with respect
        to less
        than all of the Shares, the Holder shall be entitled to receive a new Warrant
        covering the number of Shares in respect of which this Warrant shall not
        have
        been exercised, which new Warrant shall in all other respects be identical
        to
        this Warrant. The Company covenants and agrees that it will pay when due
        any and
        all state and federal issue taxes which may be payable in respect of the
        issuance of this Warrant or the issuance of any Shares upon exercise of this
        Warrant.

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

      4.    Covenants
        and Conditions.
        The
        above provisions are subject to the following:

      

      (a)    Neither
        this Warrant nor the Shares have been registered under the Securities Act
        of
        1933, as amended ("Securities Act"), or any state securities laws ("Blue
        Sky
        Laws"). This Warrant has been acquired for investment purposes and not with
        a
        view to distribution or resale and may not be pledged, hypothecated, sold,
        made
        subject to a security interest, or otherwise transferred without (i) an
        effective registration statement for the Warrant under the Securities Act
        and
        all applicable Blue Sky Laws, or (ii) an opinion of counsel, which opinion
        and
        counsel shall be reasonably satisfactory to the Company and its counsel,
        that
        registration is not required under the Securities Act or under any applicable
        Blue Sky Laws. Transfer of Shares issued upon the exercise of this Warrant
        shall
        be restricted in the same manner and to the same extent as the Warrant, and
        the
        certificates representing the Shares shall, subject to Section 6 hereof,
        bear
        substantially the following legend:

      

      The
        securities represented by this certificate have been issued in reliance upon
        the
        representation of the Holder that they have been acquired for investment
        and not
        with a view toward the resale or other distribution thereof, and have not
        been
        registered under the Securities Act of 1933 (the "Federal Act") or the
        securities laws of any state in reliance upon the exemptions from registration
        contained therein, and may not be offered, sold, transferred, encumbered
        or
        otherwise disposed of unless there is an effective registration statement
        under
        the Federal Act and applicable state securities laws relating thereto or
        the
        Company is satisfied registration is not required.

      

      The
        Holder hereof and the Company agree to execute all other documents and
        instruments as counsel for the Company reasonably deems necessary to effect
        the
        compliance of the issuance of this Warrant and any shares of Common Stock
        issued
        upon exercise hereof with applicable federal and state securities
        laws.

      

      The
        Holder is entitled to piggy back registration rights on the Shares issued
        upon
        exercise of these warrants under any acceptable registration statement the
        Company may file in the future.

      

      (b)    The
        Company covenants and agrees that all Shares which may be issued upon exercise
        of this Warrant will, upon issuance and payment therefor, be legally and
        validly
        issued and outstanding, fully paid and nonassessable, free from all taxes,
        liens, charges and preemptive rights, if any, with respect thereto or to
        the
        issuance thereof. The Company shall at all times reserve and keep available
        for
        issuance upon the exercise of this Warrant that number of authorized but
        unissued shares of Common Stock as will be sufficient to permit the exercise
        in
        full of this Warrant.

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      5.    Adjustment
        of Exercise Price and Number of Shares Issuable.
        The
        Exercise Price and the number of Shares (or other securities or property)
        issuable upon exercise of this Warrant shall be subject to adjustment from
        time
        to time upon the occurrence of any of the events enumerated in this Section
        5.

      

      (a)    Common
        Stock Reorganization.
        If the
        Company shall (i) subdivide or consolidate its outstanding shares of Common
        Stock (or any class thereof) into a greater or smaller number of shares,
        (ii)
        pay a dividend or make a distribution on its Common Stock (or any class thereof)
        in shares of its capital stock, or (iii) issue by reclassification of its
        Common
        Stock (or any class thereof) any shares of its capital stock (any event
        described in clauses (i), (ii) or (iii) being called a "Common Stock
        Reorganization"), then the Exercise Price and the type of securities for
        which
        this Warrant is exercisable shall be adjusted immediately so that the Holder
        thereafter shall be entitled to receive upon exercise of this Warrant the
        aggregate number and type of securities that it would have received if this
        Warrant had been exercised immediately prior to the Common Stock
        Reorganization.

      

      (b)    Adjustment
        in Number of Shares.
        Upon
        each adjustment to the Exercise Price pursuant to subsections (a) of this
        Section 5, this Warrant shall thereafter evidence the right to receive upon
        payment of the adjusted Exercise Price that number of Shares obtained by
        multiplying the number of Shares previously issuable upon exercise of this
        Warrant by a fraction, the numerator of which is the Exercise Price prior
        to
        adjustment and the denominator of which is the adjusted Exercise Price.

      

      (c)    Capital
        Reorganizations.
        If
        there shall be any consolidation, merger or amalgamation of the Company with
        another person or entity or any acquisition of capital stock of the Company
        by
        means of a share exchange, other than a consolidation, merger or share exchange
        in which the Company is the continuing corporation or any sale or conveyance
        of
        the property of the Company as an entirety or substantially as an entirety,
        or
        any reorganization or recapitalization of the Company (a "Capital
        Reorganization"), then the Holder of this Warrant shall no longer have the
        right
        to purchase Common Stock, but shall have instead the right to purchase, upon
        exercise of this Warrant, the kind and amount of shares of stock and other
        securities and property (including cash) which the Holder would have owned
        or
        have been entitled to receive pursuant to the Capital Reorganization if this
        Warrant had been exercised immediately prior to the effective date of the
        Capital Reorganization. As a condition to effecting any Capital Reorganization,
        the Company or the successor or surviving corporation, as the case may be,
        shall
        assume by a supplemental agreement, satisfactory in form, scope and substance
        to
        the Holder (which shall be mailed or delivered to the Holder of this Warrant
        at
        the last address of the Holder appearing on the books of the Company) the
        obligation to deliver to the Holder shares of stock, securities, cash or
        property as, in accordance with the foregoing provisions, the Holder may
        be
        entitled to purchase, and all other obligations of the Company set forth
        in this
        Warrant.

      

      (d)    Determination
        of Fair Market Value.
        Subject
        to the provisions set forth below, the fair market value of the Company or
        of
        any non-cash consideration received by the Company upon any Common Stock
        Distribution shall be determined in good faith by the Board of Directors
        of the
        Company. Upon each determination, the Company shall promptly give notice
        thereof
        to the Holder, setting forth in reasonable detail the calculation of the
        fair
        market value and the method and basis of determination thereof (the "Company
        Determination"). If the Holder shall disagree with the Company Determination
        and
        shall, by notice to the Company given within thirty (30) days after the
        Company's notice of the Company Determination, elect to dispute the Company
        Determination, the Company shall, within thirty (30) days after receipt of
        the
        notice, engage an investment bank or other qualified appraisal firm acceptable
        to the Holder to make an independent determination of the fair market value
        of
        the Company or of any non-cash consideration received by the Company upon
        any
        Common Stock Distribution (the "Appraiser Determination"). The Appraiser
        Determination shall be final and binding on the Company and the Holder. The
        cost
        of the Appraiser Determination shall be borne by the Company.

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      (e)    Adjustment
        Rules.
        Any
        adjustments pursuant to this Section 5 shall be made successively whenever
        an
        event referred to herein shall occur. No adjustment shall be made pursuant
        to
        this Section 5 in respect of the issuance from time to time of shares of
        Common
        Stock upon the exercise of this Warrant or upon the exercise or conversion
        of
        any other Option Securities or Convertible Securities.

      

      (f)    Proceedings
        Prior to Any Action Requiring Adjustment.
        As a
        condition precedent to the taking of any action which would require an
        adjustment pursuant to this Section 5, the Company shall take any action
        which
        may be necessary, including obtaining regulatory approvals or exemptions,
        in
        order that the Company may thereafter validly and legally issue as fully
        paid
        and nonassessable all shares of Common Stock which the Holder of this Warrant
        is
        entitled to receive upon exercise thereof. 

      

      (g)    Notice
        of Adjustment.
        Not
        less than ten (10) days prior to the record date or effective date, as the
        case
        may be, of any action which requires or might require an adjustment or
        readjustment pursuant to this Section 5, the Company shall give notice to
        the
        Holder of the event, describing the event in reasonable detail and specifying
        the record date or effective date, as the case may be, and, if determinable,
        the
        required adjustment and the computation hereof. If the required adjustment
        is
        not determinable at the time of the notice, the Company shall give notice
        to the
        Holder of the adjustment and computation promptly after the adjustment becomes
        determinable.

      

      6.    Transfer
        of Warrant.
        Subject
        to the provisions of Section 4 hereof, this Warrant may be transferred, in
        whole
        or in part, to any person or business entity, by presentation of the Warrant
        to
        the Company with written instructions for the transfer. Upon the presentation
        for transfer, the Company shall promptly execute and deliver a new Warrant
        or
        Warrants in the form hereof in the name of the assignee or assignees and
        in the
        denominations specified in the instructions. The Company shall pay all expenses
        incurred by it in connection with the preparation, issuance and delivery
        of
        Warrants under this Section. Any transferee of this Warrant by acceptance
        thereof, agrees to be bound by all of the terms and conditions of this
        Warrant.

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      7.    Warrant
        Holder Not Shareholder; Rights Offering; Preemptive Rights.
        Except
        as otherwise provided herein, this Warrant does not confer upon the Holder
        any
        right whatsoever as a shareholder of the Company. Notwithstanding the foregoing,
        if the Company should offer to all of the Company's shareholders the right
        to
        purchase any securities of the Company, then all shares of Common Stock that
        are
        subject to this Warrant shall be deemed to be outstanding and owned by the
        Holder and the Holder shall be entitled to participate in the offer. The
        Company
        shall not grant any preemptive rights with respect to any of its capital
        stock
        if the preemptive rights are exercisable upon exercise of this
        Warrant.

      

      8.    Basic
        Financial Information.

      

      The
        Company will deliver to Holder:

      

      (a)    As
        soon
        as practicable after the end of each fiscal year of the Company, and in any
        event within ninety (90) days thereafter, a consolidated balance sheet of
        the
        Company as at the end of such fiscal year, and consolidated statements of
        operations, cash flow and changes in equity of the Company for such year,
        prepared in accordance with GAAP consistently applied and setting forth in
        each
        case in comparative form the figures for the previous fiscal year, all in
        reasonable detail and audited and reported on by independent public accountants
        of recognized national standing selected by the Company.

      

      (b)    From
        the
        date the Company becomes subject to the reporting requirements of the Exchange
        Act, and in lieu of the financial information required pursuant to Section
        8(a),
        copies of its annual reports and all exhibits thereto and its quarterly reports,
        if any, respectively,

      

      (c)    As
        soon
        as practicable after transmission or occurrence and in any event within ten
        (10)
        days thereof, copies of any financial reports or communications (exclusive
        of
        reports or communications relating to the practice of medicine) delivered
        to any
        class of the Company's security Holders or broadly to the financial community,
        including any filings by the Company with any securities exchange, the
        Commission or the National Association of Securities Dealers.

      

      (d)    with
        reasonable promptness, any other financial data as the Holder may reasonably
        request.

      

      9.    Lost,
        Stolen, Mutilated or Destroyed Warrant.
        If this
        Warrant is lost, stolen, mutilated or destroyed, the Company may, on such
        terms
        as to indemnity or otherwise as it may in its discretion reasonably impose
        (which shall, in the case of a mutilated Warrant, include the surrender
        thereof), issue a new Warrant of like denomination and tenor as the Warrant
        so
        lost, stolen, mutilated or destroyed. Any such new Warrant shall represent
        the
        original contractual obligation of the Company, whether or not the allegedly
        lost, stolen, mutilated or destroyed Warrant shall be at any time enforceable
        by
        anyone.

      

      10.   Certain
        Notices.
        In case
        at any time the Company shall propose to:

      

      (a)    declare
        any cash dividend upon its Common Stock;

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

      (b)    declare
        any dividend upon its Common Stock payable in stock or make any special dividend
        or other distribution to the Holders of its Common Stock;

      

      (c)    offer
        for
        subscription to the Holders of any of its Common Stock any additional shares
        of
        stock in any class or other rights;

      

      (d)    reorganize,
        or reclassify the capital stock of the Company, or consolidate, merge or
        otherwise combine with, or sell all or substantially all of its assets to,
        another corporation; or

      

      (e)    voluntarily
        or involuntarily dissolve, liquidate or wind up of the affairs of the
        Company;

      

      then
        in
        any one or more of these events, the Company shall give to the Holder, by
        certified or registered mail, (i) at least twenty (20) days' prior written
        notice of the date on which the books of the Company shall close or a record
        shall be taken for the dividend, distribution or subscription rights or for
        determining rights to vote in respect of any reorganization, reclassification,
        consolidation, merger, sale, dissolution, liquidation or winding up, and
        (ii) in
        the case of the reorganization, reclassification, consolidation, merger,
        sale,
        dissolution, liquidation or winding up, at least twenty (20) days' prior
        written
        notice of the date when the same shall take place. Any notice required by
        clause
        (i) shall also specify, in the case of any dividend, distribution or
        subscription rights, the date on which the Holders of Common Stock shall
        be
        entitled thereto, and any notice required by clause (ii) shall specify the
        date
        on which the Holders of Common Stock shall be entitled to exchange their
        Common
        Stock for securities or other property deliverable upon the reorganization,
        reclassification, consolidation, merger, sale, dissolution, liquidation or
        winding up, as the case may be.

       

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

      

      
        	 	
                IMPART MEDIA
                  GROUP, INC.

              
	 	 	 
	 	 	 
	 	 	 
	 	
                By:

              	/s/
                David Lott
	 	
                Name:  
                    

              	
                David
                  Lott

              
	 	
                Title:      
                  

              	
                Chief
                  Executive Officer

              

      

    

     

     

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