Document:

DISTRIBUTION AGREEMENT

made on this 12th day of June 2001

BETWEEN

                  HOME ART & SALES SERVICES AG
      a company incorporated under the laws of Switzerland,
   whose registered office is at Glarnerstrasse 88, CH - 8854
                      Siebnen, Switzerland
             (hereinafter referred to as "Home Art")

AND

            CREATIVE PARTNERS INTERNATIONAL INC. LLC
 a company incorporated under the laws of the State of Delaware,
                    United States of America,
 whose principal place of business is at 2118 La Granada Drive,
                    Thousand Oaks, California
                 91362, United States of America
           (hereinafter referred to as the "Company")

WHEREAS

A. Home Art supplies (or causes to be supplied) around the World
   consumer goods, including, inter alia, the Products (as
   herein defined).

B. Home  Art  wishes to appoint the Company and the  Company  has
   agreed to act as the exclusive distributor of the Products  in
   the  Territory (as herein defined) on the terms and conditions
   herein contained.

NOW IT IS HEREBY AGREED as follows:

1 DEFINITIONS

In this Agreement the following words shall have the following meanings:

i)  the "Products" shall mean the products (and spare parts therefor)
    contained in the patented vacuum system, limited however for the
    preservation of foodstuffs, such products bearing the VacSy", the
    "Zepter" and/or the "Zepter International" trademarks. All other vacuum
    applications used for (cigars, etc.) shall be excluded from this
    Agreement. A list of the Products as currently defined and the prices
    thereof is annexed hereto as Schedule A.

ii) "Quarter" shall mean the period of three months ending on 31st March,
    30th June, 30th September and 31st December of each year.

iii)the "Territory" shall mean the United States of America.

Page 1 of 10
<PAGE>
iv) the "Trademarks" shall mean the VacSy", the "Zepter" and/or the "Zepter
    International" trademarks together with any other trademarks used on the
    Products supplied by Home Art to the Company during the Term.

2.APPOINTMENT

Subject  to the conditions set forth in this Agreement, Home  Art
hereby  appoints the Company, which accepts such  appointment  as
its  exclusive distributor for the Products to import,  sell  and
distribute all such Products in the Territory.

3. UNDERTAKINGS OF THE COMPANY

The Company undertakes:

i)  to use all reasonable means to ensure that the Products are imported into
    the Territory with a minimum of delay and to attend to and complete in a
    proper and efficient manner all necessary documents and formalities in
    connection therewith. In this respect, all permits, certificates and
    licenses required for-the importation, sale and use of the Products in the
    Territory are to be obtained by the Company if possible in the name of and
    to the benefit of Home Art (or its nominee);

ii) to use its best endeavours to initiate, extend and develop the sale of the
    Products in the Territory and not to do anything which may hinder or
    interfere with such sales. The Company will take Home Art's existing
    marketing policies into consideration;

iii)to pay or ensure payment, pursuant to clause 6 hereof, to Home Art of all
    sums due to Home Art in respect of sales of the Products (or spare
    parts) in the Territory;

iv) not to make contracts on behalf of Home Art nor, without Home Art's prior
    written consent,to make any promises, representations, warranties or
    guarantees with reference to the Products on behalf of Home Art or
    otherwise incur any liability on behalf of Home Art;

V)  to inform Home Art immediately of any changes in the Company's
    organisation or method of doing business which might affect the
    performance of the Company's duties hereunder. Furthermore, the Company
    shall designate a contact person, who must be able to communicate in
    English, to act as the liaison between the Company and Home Art in all
    matters relating to this Agreement;

vi) to observe all directions and instructions given to it by Home Art in
    relation to the promotion, sale, distribution and exploitation of the
    Products;

vii)to supply to Home Art on request market reports which shall include
    information on demand and competitive activity in relation to the
    Products. Furthermore, the Company shall inform Home Art of all
    information relevant to the sales of the

Page 2 of 10
<PAGE>

     Products in the Territory including the Company's sales prices and
     applicable rebates and any further information that may be of interest
     to Home Art;

viii)to advise Home Art of all respective current statutory, official and
     private regulations, directives, safety standards and other requirements,
     including all amendments thereof, that are relevant to the Products in
     the Territory and shall provide Home Art with the respective
     documentation and regulations;

ix)  except with the prior express written consent of Home Art not to assign,
     transfer, charge or make over this Agreement or its rights hereunder or
     any part thereof nor to appoint sub-distributors hereunder;

X)   except with Home Art's prior written consent to purchase the Products and
     spare parts therefor only from Home Art;

xi)  not to manufacture or distribute during the Term of this Agreement goods
     of the same description as the Products or goods in competition with the
     Products in the Territory;

xii) to refrain outside the Territory from seeking customers for the Products;

xiii)to refrain outside the Territory from establishing any branch or
     maintaining any distribution depot for the sale of the Products;

xiv) to provide for customers of the Products in the Territory an efficient
     maintenance after sales service and to maintain at the cost and risk of
     the Company a stock of spare parts, accessories and ancillary equipment
     adequate therefor;

xv)  to sell the Products under the Trademarks and only in those packages and
     with those labels and packaging design supplied by Home Art, and to cease
     using the Trademarks after any termination of this Agreement;

xvi) not to use the Trademarks otherwise than in accordance with this
     Agreement;

xvii) not to give to any purchaser of the Products or to anyone, any guarantee
      or warranty with respect to the Products or any instructions for use or
      care of the Products, except those previously approved in writing by
      Home Art;

xviii)to notify Home Art promptly after becoming aware of any of the following
      in the Territory:

      (a)any  claim of infringement and of the commencement against  it
         of  any  action  for  infringement of patents,  trademarks  or
         other  intellectual  property rights made or  brought  against
         the Company and relating to the Products;

      (b)any unfair competition relating to the Products;

Page 3 of 10
<PAGE>

      (c)any infringement or suspected or threatened infringement by a
         third party of the intellectual property rights relating to
         the Products;

xix) to furnish Home Art (or its nominee) whatever reasonable assistance may
     be required, at Home Art's request and expense, to enable Home Art (or
     its nominee) to defend any claims or actions referred to in clause
     3(xviii)a above made by a third party that may be threatened or filed
     against the Company; and

xx)  to take such steps as the parties may agree, including the institution
     of legal proceedings where necessary, in the name of one of the parties
     or in the joint names of Home Art (or its nominee) and the Company in the
     event of any infringement or alleged infringement referred to in clause
     3(xviii)c above by a third party.

4. UNDERTAKINGS OF HOME ART

Home Art undertakes:

i)  to use its reasonable endeavours to comply with any delivery schedule
    submitted by the Company and agreed by Home Art. In the event of late
    delivery, the Company shall have no claim whatsoever against Home Art
    for damages;

ii) to provide such information and support as may reasonably be requested by
    the Company to enable it properly and efficiently to discharge its duties
    hereunder;

iii)to advise the Company in writing sixty (60) days prior to its withdrawing
    or adding any item to the Products available for distribution hereunder;

iv) to provide the Company with such advertising and publicity materials
    relating to the Products, in the English and/or the local language, as the
    Company may reasonably require. However said materials shall be at the
    expense of the Company.

5.TERM

Subject  to  clauses 9 and 11 below, this Agreement shall  remain
in  force for an initial term of five years commencing on June 1,
2001  and  terminating on May 31, 2006.  However, subject  always
to  the Company satisfying the minimum quantity requirements, set
forth   at   clause  9  below,  this  Agreement  shall   continue
automatically   for   an  indefinite  period  thereafter   unless
terminated  by  either party giving to the other  not  less  than
three  (3) months' written notice of termination expiring at  the
end of the initial 5-year term or at any time thereafter.

6. PRICES AND PAYMENTS

6.1. The Prices to be paid by the Company to Home Art for the
     Products shall be those prices referred to in the Price
     List attached hereto at Schedule A.

Page 4 of 10
<PAGE>

6.2.The prices referred to in the Price Lists shall be fixed on a semi-annual
    basis (i.e., from January 1 to June 30 and from July 1 to December 31 of
    each year of the Term). In the event that the prices change from one
    period to the next, Home Art shall give the Company at least two (2)
    months' prior written notice of such change (i.e., notification shall be
    given on or prior to April 30 and October 30 for the following
    semi-annual period).

6.3.The Company shall have the following payment options with respect to the
    Products:

    (a) Either payment shall be made in advance by the Company to Home Art.
        Payment in advance shall mean prior to delivery of the Products by
        Home Art to the Company. For advance payments, the Company will
        receive a discount of 2% on the corresponding final invoiced amount;
        or

    (b) The Company shall pay Home Art the amount provided in each invoice
        within thirty (30) days of the date of the invoice, which may be
        issued by Home Art on or at any time after delivery of the Products.
        In such case, payments to be made hereunder shall be supported by an
        irrevocable Letter of Credit, issued by a first class international
        bank acceptable to Home Art, to be opened five (5) working days prior
        to delivery of the Products and in the full amount representing the
        exact value of the Products, in a form and on terms and conditions
        acceptable to Home Art.

7. EXPENSES

No  claims  for or deductions in respect of expenses incurred  by
the  Company in the performance of its functions and duties under
this  Agreement  shall be made or allowed except where  expressly
agreed to beforehand in writing by Home Art.

8. ORDERS / FORECASTS DELIVERY

   8.1.All orders shall be on an Ex-Works (Switzerland) basis or on
       an Ex-Works (Italy) basis (Incoterms 2000), depending on the
       availability of the Products. All duties, import and/or export
       duties and such other taxes, tariffs and surcharges of any
       nature whatsoever now or hereafter levied or imposed in any
       country or territory either directly or indirectly in respect
       of the transfer of the Products to the Company's warehouse or
       payments for them and all freight costs and insurance costs
       from the place of delivery to the Company's warehouse will
       be paid for by the Company. Placing the Products at the disposal
       of the Company in Home Art's warehouse in Switzerland or in Italy
       shall constitute delivery thereof to the Company and from the
       point in time when the Products have been placed at the
       disposal of the Company, the Products shall be at the Company's
       risk.

   8.2.The Company shall provide the three month rolling forecast to
       Home Art (or its nominee) by the fifteenth (15 ) day of every
       month. This forecast will concern the

Page 5 of 10
<PAGE>

       request for goods for the three months in the following quarter.
       By way of illustration therefore the Company will, on 15th
       January, provide a forecast in respect of goods required for
       April, May and June.

   8.3.The quantities required for the first (V) month of each forecast
       shall be regarded as a definitive order to Home Art.

   8.4.As soon as practicable after receipt of the forecast Home Art
       will send to the Company a confirmation of the order for the
       deliveries scheduled for the first (1st) month referred to in
       the forecast.

   8.5.The quantities provided in the forecast for the second (2nd)
       and third (3rd) month of each forecast may be revised (upwards
       or downwards) by a maximum of ten percent (10%).

   8.6.The forecast is binding on the parties except in the case of
       "Force Majeure".

9. MINIMUM QUANTITY REQUIREMENTS

   9.1.Subject to clause 9.2 below, from September 1, 2001 to May 31,
       2006, the Company hereby undertakes to purchase from Home Art
       a minimum quantity of Products, the total value of which shall
       not be less than US$44,000,000 (excluding VAT, or the equivalent
       thereof). The purchase schedule for the Term shall be as follows:

                                                  Minimum
                                               Purchase Amount
From September 1, 2001 to November 30, 2001   US$        500,000
From December 1, 2001 to May 31, 2002         US$      4,000,000
From June 1, 2002 to November 30, 2002        US$      3,250,000
From December 1, 2002 to May 31, 2003         US$      3,250,000
From June 1, 2003 to November 30, 2003        US$      4,000,000
From December 1, 2003 to May 31, 2004         US$      4,000,000
From December 1, 2004 to May 31, 2005         US$      5,500,000
From June 1, 2005 to November 30, 2005        US$      7,000,000
From December 1, 2005 to May 31, 2006         US$      7,000,000

TOTAL                                         US$     44,000,000

   9.2.The Company acknowledges that the UL approval for certain Products,
       namely VG-017, VG-017-P and VG - 010 as described in Schedule A
       hereto, has been requested and should be granted by September 1, 2001.
       However, in the event that such approval is not granted by September
       1, 2001, then the parties shall negotiate the revision of the purchase
       schedule set forth above in order to reflect the actual date at which
       the approval is granted.

   9.3.In the event that the Company fails to respect the purchase schedule
       set forth at clause 9.1 above, as may be amended in accordance with
       clause 9.2 above, or in

Page 6 of 10
<PAGE>

       any subsequent six-month period of the Term as may be extended,
       then Home Art shall have the right to either revoke the
       exclusive right of the Company to distribute the Products (such
       that the right becomes non-exclusive), or to terminate this
       Agreement, with immediate effect, by advising the Company by
       written notice of its wish to do so.

   9.4.In the event that the Company satisfies the minimum quantity
       requirements contained in the purchase schedule at clause 9.1
       above, as may be amended pursuant to clause 9.2 above, then
       the parties shall negotiate, in good faith, at the beginning
       of each subsequent year of the Term the six-monthly minimum
       quantity requirements to be achieved by the Company during
       each additional year of the Term.

10. GUARANTEE BONUS

In  consideration  of  the Company agreeing  not  to  accept  any
express  warranties  by  Home  Art  in  respect  of  the  design,
material and workmanship of the Products, Home Art hereby  agrees
to  deduct  2% (excluding VAT, if applicable) from each  invoiced
amount  by  way  of  a  "Guarantee Bonus". Consequently,  to  the
extent  permitted  by law, any defective Products  shall  not  be
returned  by the Company to Home Art, nor shall they be  replaced
"one-to-one"   by   Home   Art.  The   Company   hereby   accepts
responsibility   for  the  after-sales  service   and   for   the
replacement of any defective Products towards its customers.

11. LIMITATION OF DAMAGES

11.1.In  consideration of Home Art providing the Company with the
     Guarantee  Bonus  referred  to  at  clause  10,  above,  the
     Company hereby acknowledges and accepts that Home Art  makes
     no  express  warranties concerning the design,  material  or
     workmanship  of  the  Products  and  that,  to  the   extent
     permitted  by  law,  Home Art shall therefore  be  under  no
     liability  to the Company for any damages or losses,  direct
     or  indirect, resulting from defects in design, materials or
     workmanship in respect of the Products.

11.2.Home  Art  shall  have  no liability  for  any  indirect  or
     consequential losses or expenses suffered by the Company  in
     respect  of the Products, however caused, including but  not
     limited   to   loss   of   anticipated  profits,   goodwill,
     reputation,  business receipts or contracts,  or  losses  or
     expenses  resulting from third party claims in  relation  to
     the Products.

12. TERMINATION

12.1.1.    If  either  party  shall go  into  liquidation  either
     voluntary   or  compulsory  (except  for  the   purpose   of
     amalgamation  or reconstruction previously  approved  of  in
     writing) or sell or dispose of its undertaking or the  major
     part  thereof or in any manner assign this Agreement or make
     any  assignment  for the benefit of creditors  or  cease  or
     threaten to cease to carry on business or is unable  to  pay
     its debts as they fall due; or

Page 7 of 10
<PAGE>

12.1.2.    if  a  receiver  or receiver and manager  or  judicial
     manager or administrator is appointed for either party  over
     the  whole  or  any part of its assets and is not  withdrawn
     within forty-eight (48) hours of appointment; or

12.1.3.    if  either  party  shall commit  any  material  breach
     (whether  remediable or not) of its obligations  under  this
     Agreement  and  (if  remediable) shall fail  to  remedy  the
     breach within thirty (30) days of notice given by the  other
     party to the former party requiring it to do so,

then  upon  the happening of any one or more of such  events  the
other  party shall have the right forthwith by notice in  writing
to terminate this Agreement.

12.2.Any   termination  of  this  Agreement  shall   be   without
     prejudice  to  the right of Home Art to recover  any  monies
     due  to  it  under  this  Agreement and  to  the  rights  or
     remedies  of  either  party  in respect  of  any  antecedent
     breach of this Agreement.

12.3.In  the  event  of  termination of this  Agreement  for  any
     reason,  no  claims or goodwill shall arise  therefrom,  and
     the   Company  shall  immediately  cease  from  making   any
     representations  regarding its status as a  distributor  for
     Home  Art  and  from taking any other action  or  doing  any
     other  thing  relating it to Home Art or  to  the  Products,
     including  without limitation to the Trademarks relating  to
     the  Products  save  that  in the event  of  termination  by
     effluxion of time the Company shall have the right  to  sell
     off  its  remaining stock of the Products within  three  (3)
     months  from the date of termination and all the obligations
     (including  payment  obligations)  of  the  Company   herein
     contained  shall  continue to apply until the  end  of  that
     three (3) month period.

12.4.Upon  any  termination of this Agreement, the Company  shall
     take  all  necessary  measures  in  order  to  transfer  any
     permits  and licenses for the Products that may  be  in  the
     Company's name to Home Art (or its nominee).

12.5.The Company hereby waives, to the extent it is able to do so
     by law, any statutory rights or other rights it may have or
     acquire in respect of the termination of its relationship with
     Home Art arising hereunder and the Company agrees that the rights
     available to it hereunder, in the event of termination of this
     Agreement, are adequate and correctly reflect the Agreement of
     the parties.

13. ENTIRE AGREEMENT

This Agreement is the entire and sole agreement and
understanding of the parties hereto and supersedes all other
prior agreements, understandings and communications (if any),
whether oral or written.

14. HEADINGS

The headings of the clauses and sub-clauses of this Agreement
have been added for convenience only and shall not affect the
interpretation of this Agreement.

Page 8 of 10
<PAGE>

15. FORCE MAJEURE

15.1.The  obligations  of the parties hereunder  (other  than  an
     obligation  to  pay  money) shall be  suspended  during  the
     period  and  to the extent that such party is  prevented  or
     hindered  from  complying therewith by "Force  Majeure"  (as
     hereinafter  defined).  In  such  circumstances  such  party
     shall  give  notice  of  suspension as  soon  as  reasonably
     possible  to the other party stating the date and extent  of
     such  suspension and the cause thereof and the  omission  to
     give  such notice shall forfeit the rights of such party  to
     claim  Force  Majeure. Either party whose  obligations  have
     been suspended as aforesaid shall resume the performance  of
     such  obligations as soon as reasonably possible  after  the
     removal  of  the cause and shall so notify the other  party.
     In  the  event  that  the  circumstances  of  Force  Majeure
     continue  for  more than six (6) months,  either  party  may
     terminate  this  Agreement  on  thirty  (30)  days   written
     notice.

15.2."Force  Majeure"  means  any  cause  beyond  the  reasonable
     control  of  such party including (insofar  as  beyond  such
     control  but  without  prejudice to the  generality  of  the
     foregoing   expression)  strikes,   (whether   official   or
     unofficial),  lock-outs, labour disputes, act of  God,  war,
     warlike   operations,   riot,  civil  commotion,   malicious
     damage,  or  shortage  of  labour,  raw  material  or  other
     supplies,  and  compliance  with  any  law  or  governmental
     order, rule, regulation or direction.

16. CONFIDENTIALITY

The Company hereby undertakes to maintain the confidentiality  of
any   trade   secrets,   knowhow,   customer   files,   financial
information,   strategic   planning   information,    or    other
information relating to Home Art which is not a matter of  public
knowledge  at  the  time such information  is  disclosed  to  the
Company,  both  during the Term and after the expiry  or  earlier
termination   of  this  Agreement,  until  such  time   as   that
information becomes a matter of public knowledge through  no  act
or omission of the Company.

17 INVALIDITY OF PARTICULAR PROVISION

If  any  term of this Agreement shall, to any extent, be invalid,
illegal  or unenforceable, the remainder of this Agreement  shall
not  be  affected thereby, and each provision of  this  Agreement
shall  be  valid and enforceable to the fullest extent  permitted
by law.

18. NOTICES

All  notices  shall be in writing and shall be served  personally
or   by   registered  or  certified  air  mail  (return   receipt
requested) or courier service to either party at its address  set
forth  in  this Agreement or at such other address as each  party
may  provide  to the other in writing from time to time.  Service
of  any  such  notice served at such address in  accordance  with
this  clause shall be effective upon receipt or within  five  (5)
working  days from the date of posting (postage prepaid, properly
addressed and registered) whichever is the earlier.

Page 9 of 10
<PAGE>

19. LIMITATION OF AUTHORITY

The  Company  shall act solely as an independent  contractor  and
shall  have  no  legal  power or authority, either  expressed  or
implied,  to  act  for,  bind  or commit  Home  Art  in  any  way
whatsoever  and  the parties hereby acknowledge that  nothing  in
this  Agreement is intended to result in the appointment  of  the
Company  as  an  agent of Home Art, or to create a joint  venture
between  the  parties hereto. Furthermore, Home Art shall  retain
title  and ownership of all know-how for the Products and of  all
information  and  material made available to the  Company,  which
are subject to copyright.

20. COMPLIANCE WITH GOVERNMENTAL REGULATIONS

The  parties hereby acknowledge that the sale and delivery of the
Products  are  subject to the import, export and  re-export  laws
and other laws and regulations of the countries involved.

21. APPLICABLE LAW

21.1.This Agreement shall be governed by and construed in
     accordance with the laws of Switzerland.

21.2.Any disputes arising in connection with this Agreement
     shall (if an amicable settlement cannot be reached between
     the parties) be finally settled under the Rules of
     Conciliation and Arbitration of the International Chamber
     of Commerce by three arbitrators appointed in accordance
     with the said rules. The arbitration shall be held in the
     English language and shall take place in London, England.

IN WITNESS whereof this Agreement has been executed by the duly
authorised representatives of the parties hereto on the day and
year first above-mentioned.

For and on behalf of              For and on behalf of
HOME ART & SALES SERVICES AG      CREATIVE PARTNERS INTERNATIONAL

BY                                     BY
Duly Authorised Representative      Duly Authorised Representative

                  tiome. Art 6 Sales swwces 041
                        Glarnerstrasse 88
                    8854 Siebnen (SwfterlancD

Page 10 of 10
<PAGE>

SCHEDULE A

VacSy Vacuum System

VG-011-USA	VacSy Pump					20.13
VG-011-15	Glass Container 15x15x8.5cm Capacity 1.01	7.05
VG-011-19	Glass Container 19x19x9.5cm capacity 1.91	9.40
VG-011-20	Glass Container 21x13x8.5cm Capacity 1.61	8.05
VG-011-22	Glass Conatiner 22x22x10.5cm Capacity 3.21	11.07
VG-011-26	Glass Container 26x21x9.5cm Capacity 3.41	12.42
VG-012-18	Glass Container 18x9.5cm Capacity 1.51		7.72
VG-012-23	Glass Container 23x10.5 capacity 2.81		10.07
VG-013.05	Canister small 11cm h 13cm Capacity 0.51	5.03
VG-013-10	canister medium 11cm h 19.5cm Capacity 1.01	6.04
VG-013-15	Canister large 11cm h26.5cm Capacity 1.51	6.71
VG-013-20	canister extra large 11cm h33.5cm Capacity 2.01	7.72
VG-014-08	Universal Lid 4-8 cm				3.36
VG-014-16	Universal Lid 8-16cm				5.03
VG-015-19	Cheese Bell small/round 19x11cm			11.74
VG-015-22	Cheese Bell square 22x22x13cm			13.76
VG-015-28	Cheese Bell big/round 28x14cm			15.44
VG-015-30	Cheese Bell rectangular 30x22x15cm		16.44
VG-016		Bottle Caps 2 pieces				1.95
VG-017-USA	vacSy Bag Sealing Unit				40.27
VG-017-P-USA	vacSy Bag Sealing Unit with Pump		50.33
VG-017-N12	Single Bags, 12 pieces 28x50cm			2.50
VG-018-16T	Lexi Lid 16cm transparent			6.71
VG-018-18T	Lexi Lid 18cm transparent			7.72
VG-018-20T	Lexi Lid 20cm transparent			8.39
VG-018-22T	Lexi Lid 22cm transparent			9.06
VG-018-24T	Lexi Lid 24cm transparent			9.73
VG-019		Car Cable					5.20
VG-021-1	Food Jar capacity 2.51				5.03
VG-021-2	Set of Food Jars, 2 pieces capacity 2.51	9.40
VG-150		vacSy MINI set (5 pcs)				48.73
VG-160		vacSy STANDARD Set (9 pcs)			74.40
VG-170		vacSy FAMILY Set (11 pcs)			118.2107312003 8K Exhibit 4.10

                                                        Exhibit 4.10

8X8, INC.

UNIT SUBSCRIPTION AGREEMENT

                  COMMON STOCK

                  AND WARRANTS

 

UNIT SUBSCRIPTION AGREEMENT (the "Agreement") dated as of
July 29, 2003 among 8X8, INC., a Delaware corporation
("Company"), and the persons who execute this agreement as
investors (the "Investors").

Background:The Company desires to sell to the Investors, and the
Investors desire to purchase up to an aggregate of 2,260,000 shares of common
stock, $.001 par value per share (the "Shares"), of the Company (the
"Common Stock") at a purchase price of $0.434 per share (the
"Share Price") (an amount equal to the average of the last sale
prices for the Common Stock for each of the five (5) trading days ending on, and
including July 28, 2003 as reported by the NASDAQ Stock Market) and three sets
of 5-year warrants, each in substantially the form attached hereto as Exhibit
1, exercisable to purchase up to an aggregate of  (i) 2,260,000 shares of
Common Stock (100% warrant coverage) at $0.60 per share (the "$.60
Warrants"), (ii) 565,000 shares of Common Stock (25% warrant coverage)
at $0.75 per share (the "$.75 Warrants"), and (iii) 565,000
shares of Common Stock (25% warrant coverage) at $1.00 per share (the
"$1.00 Warrants", and collectively with the $.60 Warrants and
the $.75 Warrants, the "Warrants").  The proceeds are necessary
for the development and continuance of the business of the Company and each of
its Subsidiaries.

STMicroelectronics, Inc. ("STM"), which beneficially owns
13% of the Common Stock, has Preemptive Rights, exercisable to purchase 13% of
the Shares and Warrants.

The Company expects that certain of its officers and directors or their
affiliates may purchase Shares and Warrants under this Agreement.

Certain Definitions:

"Common Stock" shall mean stock of the Company of any class
(however designated) whether now or hereafter authorized, which generally has
the right to participate in the voting and in the distribution of earnings and
assets of the Company without limit as to amount or percentage, including the
Company's Common Stock, $.001 par value per share.

"Company" includes the Company and any corporation or other
entity which shall succeed to or assume, directly or indirectly, the obligations
of the Company hereunder. The term "corporation" shall include
an association, joint stock company, business trust, limited liability company
or other similar organization.

"Company Disclosure Letter" means the disclosure letter
delivered to the Investors prior to the execution of this Agreement, which
letter is incorporated in this Agreement.

"Material Adverse Change" shall mean a material adverse
change in the business, financial condition, results of operation, properties or
operations of the Company and its Subsidiaries taken as a whole.

"Own" means own beneficially, as that term is defined in the
rules and regulations of the SEC.

"Person" means any individual, sole proprietorship,
partnership, corporation, limited liability company, business trust,
unincorporated association, joint stock corporation, trust, joint venture or
other entity, any university or similar institution, or any government or any
agency or instrumentality or political subdivision thereof.

"Preemptive Rights" means STM's rights to purchase its
proportionate share of any issuance of securities by the Company, pursuant to
the Investor Rights Agreement, dated March 31, 2000 by and between the Company
and STM.

"SEC" means the Securities and Exchange Commission. 

"Subsidiary" shall mean any corporation
of which stock or other interest having ordinary power to elect a majority of
the Board of Directors (or other governing body) of such entity (regardless of
whether or not at the time stock or interests of any other class or classes of
such corporation shall have or may have voting power by reason of the happening
of any contingency) is at the time directly or indirectly owned by the Company
or by one or more Subsidiaries.

"Underlying Shares" shall mean the shares of Common Stock
issued or from time to time issuable upon exercise of the Warrants.

"Unit" shall mean (i) 20,000 Shares, (ii) $.60 Warrants to
purchase 20,000 shares of Common Stock, (iii) $.75
Warrants to purchase 5,000 shares of Common Stock, and (iv) $1.00 Warrants to
purchase 5,000 shares of Common Stock.

In consideration of the mutual covenants contained herein, the parties agree
as follows:

1.Purchase and Sale of Stock.

1.1.Sale and Issuance of Securities.  (a)The Company shall
sell to the Investors and the Investors shall purchase from the Company, up to
113 units (the "Units") at a price per Unit equal to the
product of the Share Price and 20,000 or a total of (x) 2,260,000 Shares (the
"Purchased Shares") and (y) Warrants to purchase up to an
aggregate of 3,390,000 shares of Common Stock (the "Purchased
Warrants" and collectively with the Purchased Shares, the
"Securities"), for an aggregate purchase price of up to
$1,130,000.  

(b)The number of Purchased Shares and Purchased Warrants to be purchased
by each Investor from the Company is set forth on Schedule 1.1(b) hereto,
subject to acceptance, in whole or in part, by the Company; provided that the
amount of Securities to be purchased by each Investor other than STM, and the
related purchase price therefor, may be reduced by up to 13% in the event of
exercise of the Preemptive Rights.

1.2.Closing.  The closing (the "Closing") of
the purchase and sale of the Securities hereunder shall take place on July 29,
2003 or such other date agreed to by the Company and Investors who have entered
into Agreements providing for the purchase of at least 70 Units (the
"Closing Date").  The Closing shall take place at the offices
of Hahn & Hessen LLP, the Investors' counsel, in New York, New York, or at
such other location as is mutually acceptable to the Investors and the Company,
subject to fulfillment of the conditions of closing set forth in the Agreement.
At the Closing:

(a)each Investor purchasing Securities at the Closing shall deliver to
the Company or its designees by wire transfer or such other method of payment as
the Company shall approve, an amount equal to the purchase price of the
Securities purchased by such Investor hereunder, as set forth opposite such
Investor's name on the signature pages hereof; provided that an Investor, Orin
Hirschman ("Hirschman"), shall deposit in escrow 13% of the
Securities, and the related purchase price therefor, to permit STM to exercise
the Preemptive Rights; and Orin Hirschman and the Company shall enter into an
escrow agreement (the "Escrow Agreement") in substantially the
form attached as Exhibit 6, to provide for escrow of $127,509.20, the purchase
price of 14.69 Units and the Purchased Shares and  Purchased Warrants included
in such Units in accordance with this proviso;

(b)(i) the Company shall authorize its transfer agent (the
"Transfer Agent") to arrange delivery to each Investor of one or more
stock certificates registered in the name of the Investor, or in such nominee
name(s) as designated by the Investor in writing, representing the number of
Shares equal to 20,000 multiplied by the number of Units purchased by the
Investor and (ii) the Transfer Agent shall deliver to counsel for the Investors
a certificate of the Transfer Agent, in form and substance reasonably acceptable
to counsel for the Investors, certifying that the Transfer Agent is duly
authorized to issue the Purchased Shares.   

(c)the Company shall issue and deliver to each Investor purchasing
Securities at the Closing (x) $.60 Warrants equal to 20,000 multiplied by the
number of Units purchased, (y) $.75 Warrants equal to 5,000 multiplied by the
number of Units purchased and (z) $1.00 Warrants equal to 5,000 multiplied by
the number of Units purchased.

1.3.Conditions of Closing.  The obligation of the Investors to
complete the purchase of the Securities at the Closing is subject to fulfillment
of the following conditions:

(a)the Company and the Investors shall execute and deliver a Investor
Rights Agreement, dated the Closing Date, in the form attached as
Exhibit 2 with respect to the Purchased Shares and the Underlying
Shares (the "Investor Rights Agreement");

(b)the Company and Orin Hirschman shall execute and deliver a Financial
Advisory Agreement, dated the Closing Date, in the form attached as
Exhibit 3 (the "Financial Advisory Agreement",] and
with the Agreement, the Warrants, the Escrow Agreement, and the Investor Rights
Agreements, the "Transaction Documents");

(c)the Company shall deliver to the Investors an Opinion of Counsel,
dated the Closing Date and reasonably satisfactory to counsel for the Investors,
with respect to the matters set forth on Exhibit 4; 

(d)the Company shall have complied fully with the Preemptive Rights;

(e)the representation and warranties of the Company set forth in this
Agreement shall be true and correct as of the date of this Agreement and (except
to the extent such representations and warranties speak as of an earlier date)
as of the Closing Date as though made on and as of the Closing Date, and the
Company shall have performed in all material respects all covenants and other
obligations required to be performed by it under this Agreement at or prior to
the Closing Date, and the Investors shall have received a certificate signed on
behalf of the Company by the President and Secretary of the Company, in such
capacities, to such effect (the "Closing Certificate") and the
Closing Certificate shall also contain an accurate list of all the agreements to
which the Company is a party that are material to the business, financial
condition, results of operation, properties or operations of the Company and its
Subsidiaries taken as a whole; 

(f)the Company shall have executed and delivered all documents,
reasonably requested by counsel for the Investors; 

(g)All Securities delivered at the Closing shall have all necessary stock
transfer tax stamps (purchased at the expense of the Company) affixed; and 

(h)the Company shall pay the Investors' expenses to the extent set forth
in Section 6.9 hereof.

(i)the Company shall have consulted the staff of NASDAQ Stock Market (the
"Nasdaq Staff") regarding the Contemplated Transactions (as defined
below) and the Nasdaq Stafff shall have raised no objection to the consummation
of the Contemplated Transactions without seeking the approval of the Company's
stockholders.

2.Representations and Warranties of the Company.  The Company
hereby represents and warrants to each of the Investors as follows:

2.1.Corporate Organization; Authority; Due Authorization.

(a)The Company (i) is a corporation duly organized, validly existing and
in good standing under the laws of the jurisdiction of its incorporation, (ii)
has the corporate power and authority to own or lease its properties as and in
the places where such business is now conducted and to carry on its business as
now conducted and (iii) is duly qualified and in good standing as a foreign
corporation authorized to do business in every jurisdiction where the failure to
so qualify, individually or in the aggregate, would have a material adverse
effect on the operations, prospects, assets, liabilities, financial condition or
business of the Company (a "Material Adverse Effect").  Set
forth in the Company Disclosure Letter is a complete and correct list of all
Subsidiaries.  Each Subsidiary is duly incorporated, validly existing and in
good standing under the laws of its jurisdiction of incorporation and is
qualified to do business as a foreign corporation in each jurisdiction in which
qualification is required, except where failure to so qualify would not have a
Material Adverse Effect.

(b)The Company (i) has the requisite corporate power and authority to
execute, deliver and perform this Agreement and the other
Transaction Documents to which it is a party and to
incur the obligations herein and therein and (ii) has been authorized by all
necessary corporate action to execute, deliver and perform this Agreement and
the other Transaction Documents to which it is a party and to consummate the
transactions contemplated hereby and thereby (the "Contemplated
Transactions").  Each of this Agreement and the other Transaction
Documents is a valid and binding obligation of the Company enforceable in
accordance with its terms except as limited by applicable bankruptcy,
reorganization, insolvency, moratorium or similar laws affecting the enforcement
of creditors' rights and the availability of equitable remedies (regardless of
whether such enforceability is considered in a proceeding at law or equity).

2.2.Capitalization.  As of July 24, 2003, the authorized capital
stock of the Company consisted of (i) 100,000,000 shares of Common Stock, $.001 par value, of which 28,475,370 shares of Common
Stock are outstanding and (ii) 5,000,000 shares of Preferred Stock, $.01 par
value, of which one Special Voting Share is outstanding.  All outstanding shares
were issued in compliance with all applicable Federal and state securities laws,
and the issuance of such shares was duly authorized.  Except as contemplated by
this Agreement or as set forth in the Company Disclosure Letter, there are
(i) no outstanding subscriptions, warrants, options, conversion privileges
or other rights or agreements obligating the Company to purchase or otherwise
acquire or issue any shares of capital stock of the Company (or shares reserved
for such purpose), (ii) no preemptive rights (other than the Preemptive
Rights) contained in the Company's Certificate of Incorporation, as amended (the
"Certificate of Incorporation"), By-Laws of the Company or
contracts to which the Company is a party or rights of first refusal with
respect to the issuance of additional shares of capital stock of the Company,
including without limitation the Securities and the Underlying Shares, and
(iii) no commitments or understandings (oral or written) of the Company to
issue any shares, warrants, options or other rights.  Except as set forth in the
Company Disclosure Letter, none of the shares of Common Stock are subject to any
stockholders' agreement, voting trust agreement or similar arrangement or
understanding.  Except as set forth in the Company Disclosure Letter, the
Company has no outstanding bonds, debentures, notes or other obligations the
holders of which have the right to vote (or which are convertible into or
exercisable for securities having the right to vote) with the stockholders of
the Company on any matter.  With respect to each Subsidiary, (i) all the
issued and outstanding shares of the Subsidiary's capital stock have been duly
authorized and validly issued, are fully paid and nonassessable, have been
issued in compliance with applicable federal and state securities laws, were not
issued in violation of or subject to any preemptive rights or other rights to
subscribe for or purchase securities, and (ii) except as disclosed in the
Company Disclosure Letter, there are no outstanding options to purchase, or any
preemptive rights or other rights to subscribe for or to purchase, any
securities or obligations convertible into, or any contracts or commitments to
issue or sell, shares of the Subsidiary's capital stock or any such options,
rights, convertible securities or obligations.  Except as disclosed in the
Company Disclosure Letter, the Company owns 100% of the outstanding equity of
each Subsidiary.

2.3.Validity of Securities.  The issuance of the Securities has
been duly authorized by all necessary corporate action on the part of the
Company and, when issued to and paid for by you in accordance with this
Agreement and the countersigning of the certificate or certificates representing
the Purchased Shares by a duly authorized signator of the registrar for the
Common Stock, the Purchased Shares will be validly issued, fully paid and non-
assessable.  

2.4.Underlying Shares.  The issuance of the Underlying Shares upon
exercise of the Purchased Warrants has been duly authorized, and the Underlying
Shares have been, and at all times prior to such exercise will have been, duly
reserved for issuance upon such exercise and, when so issued, will be validly
issued, fully paid and non-assessable.

2.5.Private Offering.  Neither the Company nor anyone acting on
its behalf has within the last 12 months issued, sold or offered any security of
the Company (including, without limitation, any Common Stock or warrants of
similar tenor to the Purchased Warrants) to any Person under circumstances that
would cause the issuance and sale of the Securities, as contemplated by this
Agreement, to be subject to the registration requirements of the Securities Act
of 1933, as amended (the "Securities Act").  The Company agrees
that neither the Company nor anyone acting on its behalf will offer the
Securities or any part thereof or any similar securities for issuance or sale
to, or solicit any offer to acquire any of the same from, anyone so as to make
the issuance and sale of the Securities subject to the registration requirements
of Section 5 of the Securities Act.  

2.6.Brokers and Finders.  The Company has retained Robert Giannini
of Griffin Securities, Inc. ("Giannini"), 17 State Street, New York,
New York 10004, as a broker in connection with the Contemplated Transactions.
The Company shall pay to a fee equal to five-percent (5%) of the aggregate
purchase price of the Securities.

2.7.No Conflict; Required Filings and Consents.  

(a)The execution, delivery and performance of this Agreement and the
other Transaction Documents  by the Company do not, and
the consummation by the Company of the Contemplated Transactions will not, (i)
conflict with or violate the Certificate of Incorporation or By-Laws of the
Company or such Subsidiaries, (ii) conflict with or violate any law, rule,
regulation, order, judgment or decree applicable to the Company or its
Subsidiaries or by which any property or asset of the Company or its
Subsidiaries is bound or affected, or (iii) result in any breach of or
constitute a default (or an event which with notice or lapse of time or both
would become a default) under, result in the loss of a material benefit under,
or give to others any right of purchase or sale, or any right of termination,
amendment, acceleration, increased payments or cancellation of, or result in the
creation of a lien or other encumbrance on any property or asset of the Company
or of any of its Subsidiaries pursuant to, any note, bond, mortgage, indenture,
contract, agreement, lease, license, permit, franchise or other instrument or
obligation to which the Company or any of its Subsidiaries is a party or by
which the Company or of any of its Subsidiaries or any property or asset of the
Company or of any of its Subsidiaries is bound or affected; except, in the case
of clauses (ii) and (iii) above, for any such conflicts, violations, breaches,
defaults or other occurrences which would not prevent or delay consummation of
any of the Contemplated Transactions in any material respect or otherwise
prevent the Company from performing its obligations under this Agreement or any
of the other Transaction Documents  in any material respect, and would not,
individually or in the aggregate, have a Material Adverse Effect. 

(b)The execution and delivery of this Agreement and the other Transaction
Documents  by the Company do not, and the performance of this Agreement and the
other Transaction Documents  and the consummation by the Company of the
Contemplated Transactions will not, require any consent, approval, authorization
or permit of, or filing with or notification to, any Governmental Body (as
hereinafter defined) except for the filing of a Form D with the Securities and
Exchange Commission and applicable requirements, if any, of the Securities
Exchange Act of 1934, as amended (the "Exchange Act") or any
state securities or "blue sky" laws ("Blue Sky
Laws"), and any approval required by applicable rules of The Nasdaq
Stock Market.  The Company has obtained any approval required by applicable
rules of The Nasdaq Stock Market to the Contemplated Transactions.  For purposes
of this Agreement, "Governmental Body" shall mean any: (a)
nation, state, commonwealth, province, territory, county, municipality, district
or other jurisdiction of any nature; (b) federal, state, local, municipal,
foreign or other government; or (c) governmental or quasi-governmental authority
of any nature (including any governmental division, department, agency,
commission, instrumentality, official, organization, unit, body or entity and
any court or other tribunal).

2.8.Compliance.  Except as set forth in the Company Disclosure
Letter, neither the Company nor any Subsidiary is in conflict with, or in
default or violation of (i) any law, rule, regulation, order, judgment or decree
applicable to the Company or such subsidiary or by which any property or asset
of the Company or such subsidiary is bound or affected ("Legal
Requirement"), or (ii) any note, bond, mortgage, indenture, contract,
agreement, lease, license, permit, franchise or other instrument or obligation
to which the Company or such subsidiary is a party or by which the Company or
such subsidiary or any property or asset of the Company or such subsidiary is
bound or affected, in each case except for any such conflicts, defaults or
violations that would not, individually or in the aggregate, have a Material
Adverse Effect. Neither the Company nor any Subsidiary has received any notice
or other communication from any Governmental Body regarding any actual or
possible violation of, or failure to comply with, any Legal Requirement.

2.9.SEC Documents; Financial Statements.

(a)The information contained in the following documents, did not, as of
the date of the applicable document, include any untrue statement of a material
fact or omit to state any material fact required to be stated therein or
necessary to make the statements therein, in the light of the circumstances in
which they were made, not misleading, as of their respective filing dates or, if
amended, as so amended (the following documents, collectively, the "SEC
Documents"), provided that the representation in this sentence shall
not apply to any misstatement or omission in any SEC Document filed prior to the
date of this Agreement which was superseded by a subsequent SEC Document filed
prior to the date of this Agreement:

	the Company's Annual Report on Form 10-K for the year
ended March 31, 2003; 

	the Company's definitive Proxy Statement with respect to
its 2003 Special Meeting of Stockholders, filed with the Commission on June 19,
2003; and

(iii)the Company's Quarterly Report on Form 10-Q for the
quarter ended June 30, 2003.

(b)In addition, as of the date of this Agreement, the Company Disclosure
Letter, when read together with the information, qualifications and exceptions
contained in this Agreement, does not include any untrue statement of a material
fact or omit to state any material fact necessary to make the statements
therein, in the light of the circumstances in which they were made, not
misleading.

(c)The Company has filed all forms, reports and documents required to be
filed by it with the SEC since March 31, 2001, including without limitation the
SEC Documents.  As of their respective dates, the SEC
Documents filed prior to the date hereof complied as to form in all material
respects with the applicable requirements of the Securities Act, the Exchange
Act, and the rules and regulations thereunder. 

(d)The Company's Annual Report on Form 10-K for the year ended March 31,
2003, includes consolidated balance sheets as of March 31, 2002 and 2003 and
consolidated statements of income for the one year periods then ended
(collectively, the "Form 10-K Financial Statements").

(e)The Company's Quarterly Report on Form 10-Q for the quarter ended June
30, 2003, includes consolidated balance sheets as of March 31, 2003 and June 30,
2003 and consolidated statements of income for the quarters ended June 30, 2002
and 2003 (the "Form 10-Q Financial Statements" and together
with the Form 10-K Financial Statements, the "Financial
Statements").  

(e)The Financial Statements (including the related notes and schedules
thereto) fairly present in all material respects the consolidated financial
position, the results of operations, retained earnings or cash flows, as the
case may be, of the Company for the periods set forth therein (subject, in the
case of unaudited statements, to normal year-end audit adjustments that would
not be material in amount or effect), in each case in accordance with generally
accepted accounting principles consistently applied during the periods involved,
except as may be noted therein.

2.10.Litigation.  Except as set forth in the SEC Documents or the
Company Disclosure Letter, there are no claims, actions, suits, investigations,
inquiries or proceedings (each, an "Action") pending against
the Company or any of its Subsidiaries or, to the knowledge of the Company,
threatened against the Company or any of its Subsidiaries, at law or in equity,
or before or by any court, tribunal, arbitrator, mediator or any federal or
state commission, board, bureau, agency or instrumentality, that, individually
or in the aggregate, would reasonably be expected to have a Material Adverse
Effect. Neither the Company nor any of its Subsidiaries is a party to or subject
to the provisions of any order, writ, injunction, judgment or decree of any
court or government agency or instrumentality.

2.11.Absence of Certain Changes.  Except as specifically
contemplated by this Agreement or set forth in the Company Disclosure Letter,
the SEC Documents, or the Financial Statements, since March 31, 2003, there has
not been (i) any Material Adverse Change; (ii) any return of any capital or
other distribution of assets to stockholders of Company (except to Company);
(iii) any acquisition (by merger, consolidation, acquisition of stock and/or
assets or otherwise) of any Person; or (iv) any transactions, other than in the
ordinary course of business, consistent with past practices and reasonable
business operations ("Ordinary Course of Business"), with any
of its officers, directors, principal stockholders or employees or any Person
affiliated with any of such persons.

2.12.Proprietary Assets.

(a)For purposes of this Agreement, "Proprietary Assets"
shall mean all right, title and interest of the Company and the Subsidiaries in
and to the following items or types of property: (i) every patent, patent
application, trademark (whether registered or unregistered), trademark
application, trade name, fictitious business name, service mark (whether
registered or unregistered), service mark application, copyright (whether
registered or unregistered), copyright application, maskwork, maskwork
application, trade secret, know-how, customer list, franchise, system, computer
software, computer program, invention, design, blueprint, engineering drawing,
proprietary product, technology, proprietary right or other intellectual
property right or intangible asset; and (ii) all licenses and other rights to
use or exploit any of the foregoing.  

(b)The Company Disclosure Letter sets forth, with respect to each
Proprietary Asset of the Company and the Subsidiaries registered with any
Governmental Body in the U.S., or for which an application has been filed with
any Governmental Body in the U.S., (i) a brief description of such Proprietary
Asset and (ii) the names of the jurisdictions covered by the applicable
registration or application.  The Company Disclosure Letter identifies and
provides a brief description of all other material Proprietary Assets owned by
the Company and its Subsidiaries, and identifies and provides a brief
description of each material Proprietary Asset, or source code version of any
software licensed to the Company or any Subsidiary by any Person (except for any
Proprietary Asset that is licensed to the Company or any Subsidiary under any
third party software license generally available to the public at a cost of less
than $10,000), and identifies such license agreement under which such
Proprietary Asset is being licensed to the Company or any Subsidiary.  Except as
set forth in the Company Disclosure Letter, the Company or its Subsidiaries have
good, valid and marketable title to each of the Proprietary Assets identified in
the Company Disclosure Letter as owned by it, free and clear of all liens and
other encumbrances); has a valid right to use all Proprietary Assets of third
parties identified in the Company Disclosure Letter; and is not obligated to
make any payment to any Person for the use of any Proprietary Asset except as
set forth in the applicable license agreement.  Except as set forth in the
Company Disclosure Letter, neither the Company nor any of its Subsidiaries has
developed jointly with any other Person any material Proprietary Asset with
respect to which such other Person has any rights.

(c)Each of the Company and its Subsidiaries has taken commercially
reasonable and customary measures and precautions to protect and maintain the
confidentiality and secrecy of all Proprietary Assets of the Company and its
Subsidiaries (except Proprietary Assets whose value would be unimpaired by
public disclosure) and otherwise to maintain and protect the value of all
Proprietary Assets of the Company and its Subsidiaries.  Except as set forth in
the Company Disclosure Letter, neither the Company nor any of its Subsidiaries
has (other than pursuant to license agreements identified in the Company
Disclosure Letter) disclosed or delivered to any Person, or permitted the
disclosure or delivery to any Person of, (i) the source code, or any portion or
aspect of the source code, of any Proprietary Asset, (ii) the object code, or
any portion or aspect of the object code, of any Proprietary Asset of the
Company and its Subsidiaries, except in the ordinary course of its business or
(iii) any patent applications (except as required by law).

(d)To the knowledge of the Company, (i) none of the Proprietary Assets of
the Company and its Subsidiaries infringes or conflicts with any Proprietary
Asset owned or used by any other Person; (ii) neither the Company nor any
Subsidiary is infringing, misappropriating or making any unlawful use of any
Proprietary Asset owned or used by any other Person; and (iii) no other Person
is infringing, misappropriating or making any unlawful use of, and no
Proprietary Asset owned or used by any other Person infringes or conflicts with,
any Proprietary Asset of the Company or any of its Subsidiaries.

(e)Except as set forth in the Company Disclosure
Letter, excluding warranty claims received by Company or any of its
Subsidiaries in the ordinary course of business, there has not been any claim by
any customer or other Person alleging that any Proprietary Asset of the Company
or any of its Subsidiaries (including each version thereof that has ever been
licensed or otherwise made available by the Company to any Person) does not
conform in all material respects with any specification, documentation,
performance standard, representation or statement made or provided by or on
behalf of the Company.

(f)To the knowledge of the Company, the Proprietary Assets of the Company
and its Subsidiaries constitute all the Proprietary Assets necessary to enable
the Company and its Subsidiaries to conduct their respective businesses in the
manner in which such businesses have been and are being conducted.  Except as
set forth in the Company Disclosure Letter (i) neither the Company nor any
Subsidiary has licensed any of its Proprietary Assets to any Person on an
exclusive, semi-exclusive or royalty-free basis, and (ii) neither the Company
nor any Subsidiary has entered into any covenant not to compete or contract
limiting such entity's ability to exploit fully any of such entity's material
Proprietary Assets or to transact business in any material market or
geographical area or with any Person.

(g)Except as set forth in the Company Disclosure Letter, neither the
Company nor any of its Subsidiaries has at any time received any notice or other
communication (in writing or otherwise) of any actual, alleged, possible or
potential infringement, misappropriation or unlawful use of, any Proprietary
Asset owned or used by any other Person.

2.13.No Adverse Actions.  Except as set forth in the Company
Disclosure Letter, there is no existing, pending or, to the knowledge of the
Company, threatened termination, cancellation, limitation, modification or
change in the business relationship of the Company or any of its Subsidiaries,
with any supplier, customer or other Person except such as would not reasonably
be expected, individually or in the aggregate, to have a Material Adverse
Effect.

2.14.Registration Rights.  Except as set forth in the Investor
Rights Agreement, the SEC Documents, or in the Company Disclosure Letter, the
Company is not under any obligation to register under the Securities Act any of
its currently outstanding securities or any securities issuable upon exercise or
conversion of its currently outstanding securities nor is the Company obligated
to register or qualify any such securities under any state securities or blue
sky laws.

2.15.Corporate Documents. The Company's Certificate of
Incorporation and Bylaws, each as amended to date, which have been requested and
previously provided to the Investors are true, correct and complete and contain
all amendments thereto.

2.16.Disclosure.  No representation or warranty of the Company
herein, no exhibit or schedule hereto, and no information contained or
referenced in the SEC Documents, when read together, contains or will contain
any untrue statement of a material fact or omits or will omit to state a
material fact necessary in order to make the statements contained herein or
therein, in light of the circumstances under which they were made, not
misleading.  On or before 9:00 a.m., New York City Time, on the second
business day after the Closing, the Company shall file a Current Report on Form
8-K describing the material terms of the transactions contemplated by this
Agreement, and disclosing such portions of the Transaction Documents as contain
material nonpublic information with respect to the Company that has not
previously been publicly disclosed by the Company, and attaching as an exhibit
to such Form 8-K a form of this Agreement.  Except for information that may be
provided to the Investors pursuant to this Agreement, the Company shall not, and
shall use commercially reasonable efforts to cause each of its officers,
directors, employees and agents not to, provide any Investor with any material
nonpublic information regarding the Company from and after the filing of such
Form 8-K without the express written consent of such Investor.   

2.17.Use of Proceeds.  The net proceeds received by the Company
from the sale of the Securities shall be used by the Company for working capital
and general corporate purposes, including without limitation to support the
operations of each of the Subsidiaries.

3.Representations and Warranties of the Investors. Each Investor
represents and warrants to the Company as follows:

3.1.Authorization. Such Investor (i) has full power and authority
to execute, deliver and perform this Agreement and the other Transaction
Documents to which it is a party and to incur the obligations herein and therein
and (ii) if applicable has been authorized by all necessary corporate or
equivalent action to execute, deliver and perform this Agreement and the other
Transaction Documents  and to consummate the Contemplated Transactions.  Each of
this Agreement and the other Transaction Documents is a valid and binding
obligation of such Investor enforceable in accordance with its terms, except as
limited by applicable bankruptcy, reorganization, insolvency, moratorium or
similar laws affecting the enforcement of creditors' rights and the availability
of equitable remedies (regardless of whether such enforceability is considered
in a proceeding at law or equity).

3.2.Brokers and Finders.  Such Investor has not retained any
investment banker, broker or finder in connection with the Contemplated
Transactions.

4.Securities Laws.

4.1.Securities Laws Representations and Covenants of
Investors.

(a)This Agreement is made with each Investor in reliance upon such
Investor's representation to the Company, which by such Investor's execution of
this Agreement such Investor hereby confirms, that the Securities to be received
by such Investor will be acquired for investment for such Investor's own
account, not as a nominee or agent, and not with a view to the resale or
distribution of any part thereof such that such Investors would constitute an
"underwriter" under the Securities Act; provided that this
representation and warranty shall not limit the Investor's right to sell the
Underlying Shares pursuant to the Investor Rights Agreement
or in compliance with an exemption from registration under the Securities
Act or the Investor's right to indemnification under this Agreement or the
Investor Rights Agreement. 

(b)Each Investor understands and acknowledges that the offering of the
Securities pursuant to this Agreement will not be registered under the
Securities Act or qualified under any Blue Sky Laws on the grounds that the
offering and sale of the Securities are exempt from registration and
qualification, respectively, under the Securities Act and the Blue Sky Laws.

(c)Each Investor covenants that, unless the Purchased Shares, the
Purchased Warrants, the Underlying Shares or any other shares of capital stock
of the Company received in respect of the foregoing have been registered
pursuant to the Investor Rights Agreement being entered into among the Company
and the Investors, such Investor will not dispose of such securities unless and
until such Investor shall have notified the Company of the proposed disposition
and shall have furnished the Company with an opinion of counsel reasonably
satisfactory in form and substance to the Company to the effect that
(x) such disposition will not require registration under the Securities Act
and (y) appropriate action necessary for compliance with the Securities Act
and any applicable state, local or foreign law has been taken; provided,
however, that an Investor may dispose of such securities without
providing the opinion referred to above if the Company has been provided with
adequate assurance that such disposition has been made in compliance with Rule
144 under the Securities Act (or any similar rule).

(d)Each Investor represents that (i) such Investor is able to fend
for itself in the Contemplated Transactions; (ii) such Investor has such
knowledge and experience in financial and business matters as to be capable of
evaluating the merits and risks of such Investor's prospective investment in the
Securities; (iii) such Investor has the ability to bear the economic risks
of such Investor's prospective investment and can afford the complete loss of
such investment; (iv) such Investor has been furnished with and has had
access to such information as is in the Company Disclosure Letter together with
the opportunity to obtain such additional information as it requested to verify
the accuracy of the information supplied; and (v) such Investor has had
access to officers of the Company and an opportunity to ask questions of and
receive answers from such officers and has had all questions that have been
asked by such Investor satisfactorily answered by the Company.

(e)Each Investor further represents by execution of this Agreement that
such Investor qualifies as an "accredited investor" as such term is
defined under Rule 501 promulgated under the Securities Act.  Any Investor that
is a corporation, a partnership, a limited liability company, a trust or other
business entity further represents by execution of this Agreement that it has
not been organized for the purpose of purchasing the Securities.

(f)By acceptance hereof, each Investor agrees that the Purchased Shares,
the Purchased Warrants, the Underlying Shares and any shares of capital stock of
the Company received in respect of the foregoing held by it may not be sold by
such Investor without registration under the Securities Act or an exemption
therefrom, and therefore such Investor may be required to hold such securities
for an indeterminate period.

4.2.Legends.  All certificates for the Purchased Shares, Purchased
Warrants and the Underlying Shares, and each certificate representing any shares
of capital stock of the Company received in respect of the foregoing, whether by
reason of a stock split or share reclassification thereof, a stock dividend
thereon or otherwise and each certificate for any such securities issued to
subsequent transferees of any such certificate (unless otherwise permitted
herein) shall bear the following legend:

"THE SECURITIES REPRESENTED BY THIS INSTRUMENT
HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933.  SUCH SECURITIES MAY NOT BE SOLD OR TRANSFERRED IN THE
ABSENCE OF REGISTRATION OR AN EXEMPTION THEREFROM UNDER SAID ACT."

5.Additional Covenants of the Company.

5.1.Reports, Information, Shares.

(a)  The Company shall cooperate with each Investor in supplying such
information as may be reasonably requested by such Investor to complete and file
any information reporting forms presently or hereafter required by the SEC as a
condition to the availability of an exemption, presently existing or hereafter
adopted, from the Securities Act for the sale of any of the Purchased Shares,
the Purchased Warrants, the Underlying Shares and shares of capital stock of the
Company received in respect of the foregoing.

(b)  For so long as an Investor (or the successor or assign of such Investor)
holds either Securities or Underlying Shares, the Company shall deliver to such
Investor (or the successor or assign of such Investor), contemporaneously with
delivery to other holders of Common Stock, a copy of each report of the Company
delivered to holders of Common Stock.

(c)  The Company shall keep reserved for issuance a sufficient number of
authorized but unissued shares of Common Stock (or other securities into which
the Purchased Warrants are then exercisable) so that the Purchased Warrants may
be converted or exercised to purchase Common Stock (or such other securities) at
any time.

5.2.Expenses; Indemnification.  

(a)  The Company agrees to pay on each Closing Date and save the Investors
harmless against liability for the payment of any stamp or similar taxes
(including interest and penalties, if any) that may be determined to be payable
in respect of the execution and delivery of this Agreement,  the issue and sale
of any Securities and the Underlying Shares, the expense of preparing and
issuing the Securities and the Underlying Shares, the cost of delivering the
Securities and the Underlying Shares of each Investor to such Investor's
address, insured in accordance with customary practice, and the costs and
expenses incurred in the preparation of all certificates and letters on behalf
of the Company and of the Company's performance and compliance with all
agreements and conditions contained herein on its part to be performed or
complied with. Each Investor shall be responsible for its out-of-pocket expenses
arising in connection with the Contemplated Transactions, except that, at the
Closing, the Company shall pay fees and disbursements of counsel to the
Investors as set forth in Section 6.9.

(b)  The Company hereby agrees and acknowledges that the Investors have been
induced to enter into this Agreement and to purchase the Securities hereunder,
in part, based upon the representations, warranties and covenants of the Company
contained herein.  The Company hereby agrees to pay, indemnify and hold harmless
the Investors and any director, officer or employee of any Investor against all
claims, losses and damages resulting from any and all legal or administrative
proceedings, including without limitation, reasonable attorneys' fees and
expenses incurred in connection therewith (collectively,
"Loss"), resulting from a breach by the Company of any
representation or warranty of the Company contained herein or the failure of the
Company to perform any covenant made herein; provided that the Company's
liability under this Section 5.2(b) shall be limited to the aggregate purchase
price of the Securities.  

(c)  As soon as reasonably practicable after receipt by an Investor of notice
of any Loss in respect of which the Company may be liable under this Section
5.2, the Investor shall give notice thereof to the Company.  Each Investor may,
at its option, claim indemnity under this Section 5.2 as soon as a claim has
been threatened by a third party, regardless of whether an actual Loss has been
suffered, so long as counsel for such Investor shall in good faith determine
that such claim is not frivolous and that such Investor may be liable or
otherwise incur a Loss as a result thereof and shall give notice of such
determination to the Company.  Each Investor shall permit the Company, at the
Company's option and expense, to assume the defense of any such claim by counsel
mutually and reasonably satisfactory to the Company and the Investors who are
subject to such claim, and to settle or otherwise dispose of the same;
provided, however, that each Investor may at all times participate
in such defense at such Investor's expense; and provided, further,
that the Company shall not, in defense of any such claim, except with the prior
written consent of each Investor subject to such claim, (i) consent to the entry
of any judgment that does not include as an unconditional term thereof the
giving by the claimant or plaintiff in question to each Investor and its
affiliates of a release of all liabilities in respect of such claims, or (ii)
consent to any settlement of such claim.  If the Company does not promptly
assume the defense of such claim irrespective of whether such inability is due
to the inability of the afore-described Investors and the Company to mutually
agree as to the choice of counsel, or if any such counsel is unable to represent
one or more of the Investors due to a conflict or potential conflict of
interest, then an Investor may assume such defense and be entitled to
indemnification and prompt reimbursement from the Company for such Investor's
costs and expenses incurred in connection therewith, including without
limitation, reasonable attorneys' fees and expenses.  Such fees and expenses
shall be reimbursed to the Investors as soon as practicable after submission of
invoices to the Company.

(d)The Company shall maintain the effectiveness of the Registration
Statement (as defined in the Investor Rights Agreement) under the Securities Act
for as long as is required under the Investor Rights Agreement.

5.3.Conduct of Business of the Company.  From the date of the
execution of this Agreement until the date on which STM notifies the Company of
its exercise or its waiver of the Preemptive Rights, or the Preemptive Rights
expire unexercised by their terms, the Company, unless otherwise expressly
contemplated by this Agreement or consented to in writing by the Investors,
will, and will cause its Subsidiaries to, carry on their respective businesses
only in the Ordinary Course of Business, use their respective reasonable best
efforts to preserve intact their business organizations and assets, retain the
services of their officers and employees and maintain their relationships with
customers, suppliers, licensors, licensees and others having business dealings
with them. Without limiting the generality of the foregoing, from the date of
the execution of this Agreement until the Closing Date, the Company shall not,
and shall not permit its Subsidiaries to:

(a)  (i)  increase in any manner the compensation or fringe benefits of, or
pay any bonus to, any director, officer or employee, except for increases or
bonuses in the Ordinary Course of Business to employees who are not directors or
officers and except pursuant to existing arrangements previously disclosed to or
approved in writing by the Investors; (ii) grant any severance or termination
pay (other than pursuant to the normal severance practices or existing
agreements of the Company or its subsidiary in effect on the date of this
Agreement) to, or enter into any severance agreement with, any director, officer
or employee, or enter into any employment agreement with any director, officer
or employee; (iii) establish, adopt, enter into or amend any plan or other
arrangement, except as may be required to comply with applicable law; (iv) pay
any benefit not provided for under any plan or other arrangement; (v) grant any
awards under any bonus, incentive, performance or other compensation plan or
arrangement or plan or other arrangement (including the grant of stock options,
stock appreciation rights, stock-based or stock-related awards, performance
units or restricted stock, or the removal of existing restrictions in any plan
or other arrangement or agreement or awards made thereunder), except for grants
in the Ordinary Course of Business;

(b)  declare, set aside or pay any dividend on, or make any other
distribution in respect of, outstanding shares of capital stock;

(c)  (i)  redeem, purchase or otherwise acquire any shares of capital stock
of the Company or any securities or obligations convertible into or exchangeable
for any shares of capital stock of the Company, or any options, warrants or
conversion or other rights to acquire any shares of capital stock of the Company
or any such securities or obligations, or any other securities thereof, other
than redemption and purchases from departing employees in the Ordinary Course of
Business; (ii) effect any reorganization or recapitalization; or (iii) split,
combine or reclassify any of its capital stock or issue or authorize or propose
the issuance of any other securities in respect of, in lieu of or in
substitution for, shares of its capital stock;

(d)  except upon the exercise of Company stock options in accordance with
their terms, issue, deliver, award, grant or sell, or authorize the issuance,
delivery, award, grant or sale (including the grant of any limitations in voting
rights or other encumbrances) of, any shares of any class of its capital stock
(including shares held in treasury), any securities convertible into or
exercisable or exchangeable for any such shares, or any rights, warrants or
options to acquire, any such shares, or amend or otherwise modify the terms of
any such rights, warrants or options the effect of which shall be to make such
terms more favorable to the holders thereof;

(e)  acquire or agree to acquire, by merging or consolidating with, by
purchasing an equity interest in or a portion of the assets of, or by any other
manner, any business or any corporation, partnership, association or other
business organization or division thereof, or otherwise acquire or agree to
acquire any assets of any other person (other than the purchase of assets from
suppliers or vendors in the Ordinary Course of Business);

(f)  sell, lease, exchange, mortgage, pledge, transfer or otherwise subject
to any encumbrance or dispose of, or agree to sell, lease, exchange, mortgage,
pledge, transfer or otherwise subject to any encumbrance or dispose of, any of
its assets, except for sales, dispositions or transfers in the Ordinary Course
of Business;

(g)  adopt any amendments to its articles or certificate of incorporation,
bylaws or other comparable charter or organizational documents;

(h)  pay, discharge, settle or satisfy any claims, liabilities or obligations
(whether absolute or contingent, matured or unmatured, known or unknown), other
than the payment, discharge or satisfaction, in the Ordinary Course of Business
or in accordance with their terms, of liabilities reflected or reserved against
in, or contemplated by, the most recent financial statement or incurred in the
Ordinary Course of Business, or waive any material benefits of, or agree to
modify in any material respect, any confidentiality, standstill or similar
agreements to which the Company is a party;

(i)  except in the Ordinary Course of Business, waive, release or assign any
rights or claims, or modify, amend or terminate any agreement to which the
Company is a party;

(j)  make any change in any method of accounting or accounting practice or
policy other than those required by generally accepted accounting principles as
applied in the United States or a governmental entity; or

(k)  authorize, or commit or agree to do any of the foregoing.

6.Miscellaneous.

6.1.Entire Agreement; Successors and Assigns.  This Agreement and
the other Transaction Documents constitute the entire contract between the
parties relative to the subject matter hereof and thereof, and no party shall be
liable or bound to the other in any manner by any warranties, representations or
covenants except as specifically set forth herein or therein.  This Agreement
and the other Transaction Documents supersede any previous agreement among the
parties with respect to the Securities.  The terms and conditions of this
Agreement shall inure to the benefit of and be binding upon the respective
executors, administrators, heirs, successors and assigns of the parties.  Except
as expressly provided herein, nothing in this Agreement, expressed or implied,
is intended to confer upon any party, other than the parties hereto, any rights,
remedies, obligations or liabilities under or by reason of this Agreement.

6.2.Survival of Representations and Warranties.  Notwithstanding
any right of the Investors fully to investigate the affairs of the Company and
notwithstanding any knowledge of facts determined or determinable by any
Investor pursuant to such right of investigation, each Investor has the right to
rely fully upon the representations, warranties, covenants and agreements of the
Company contained in this Agreement or in any documents delivered pursuant to
this Agreement.  All such representations and warranties of the Company shall
survive the execution and delivery of this Agreement and the Closing hereunder
and shall continue in full force and effect for one year after the Closing.  The
covenants of the Company set forth in Section 5 shall remain in effect as set
forth therein.

6.3.Governing Law; Jurisdiction.  This Agreement shall be governed
by and construed in accordance with the laws of the State of New York without
regard to principles of conflicts of law.  Each party hereby irrevocably
consents and submits to the jurisdiction of any New York State or United States
Federal Court sitting in the State of New York, County of New York, over any
action or proceeding arising out of or relating to this Agreement and
irrevocably consents to the service of any and all process in any such action or
proceeding by registered mail addressed to such party at its address specified
in Section 6.6 (or as otherwise noticed to the other party).  Each party further
waives any objection to venue in New York and any objection to an action or
proceeding in such state and county on the basis of forum non conveniens.
Each party also waives any right to trial by jury.

6.4.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.

6.5.Headings.  The headings of the sections of this Agreement are
for convenience and shall not by themselves determine the interpretation of this
Agreement.

6.6.Notices.  Any notice required or permitted hereunder shall be
given in writing and shall be deemed effectively given upon personal delivery,
delivery by fax (with answer back confirmed), addressed to a party at its
address or sent to the fax number or e-mail address shown below or at such other
address or fax number as such party may designate by three days advance notice
to the other party.  

Any notice to the Investors shall be sent to the addresses set forth on
the signature pages hereof, with a copy to: 

Hahn & Hessen LLP

       488 Madison Avenue

       New York, New York 10022

       Attention:  James Kardon, Esq.

       Fax Number:  (212) 478-7400

Any notice to the Company shall be sent to:

8X8, Inc.

       2445 Mission College Boulevard

    Santa Clara, California 95054

       Attention:  Chief Executive Officer

       Fax Number:  (408) 980-0432

with a copy to: 

Wilson, Sonsini, Goodrich & Rosati LLP

   650 Page Mill Road

Palo Alto, California 94304

   Attention:  John T. Sheridan, Esq.

   Fax Number:  (650) 493-6811

6.7.Rights of Transferees.  Any and all rights and obligations of
each of the Investors herein incident to the ownership of Securities or the
Underlying Shares shall pass successively to all subsequent transferees of such
securities until extinguished pursuant to the terms hereof.

6.8.Severability.  Whenever possible, each provision of this
Agreement shall be interpreted in such a manner as to be effective and valid
under applicable law, but if any provision of this Agreement shall be deemed
prohibited or invalid under such applicable law, such provision shall be
ineffective to the extent of such prohibition or invalidity, and such
prohibition or invalidity shall not invalidate the remainder of such provision
or any other provision of this Agreement.

6.9.Expenses.  Irrespective of whether any Closing is effected,
the Company shall pay all costs and expenses that it incurs with respect to the
negotiation, execution, delivery and performance of this Agreement.  Each
Investor shall be responsible for all costs incurred by such Investor in
connection with the negotiation, execution, delivery and performance of this
Agreement including, but not limited to, legal fees and expenses, except that
the Company shall pay at the Closing legal fees and expenses of $25,000 to Hahn
& Hessen LLP (the "Legal Fee"), as counsel to the
Investors.  Hirschman may deduct $25,000 from the purchase price paid to the
Company for his Securities for payment of the Legal Fee.   

6.10.Amendments and Waivers.  Unless a particular provision or
section of this Agreement requires otherwise explicitly in a particular
instance, any provision of this Agreement may be amended and the observance of
any provision of this Agreement may be waived (either generally or in a
particular instance and either retroactively or prospectively), only with the
written consent of the Company and the holders of 75% of the Purchased Shares
(not including for this purpose any Purchased Shares which have been sold to the
public pursuant to a registration statement under the Securities Act or an
exemption therefrom).  Any amendment or waiver effected in accordance with this
Section 6.10 shall be binding upon each holder of any Securities at the time
outstanding (including securities into which such Securities are convertible),
each future holder of all such Securities, and the Company.

[REMAINDER OF PAGE INTENTIONALLY BLANK]

SIGNATURE PAGE

TO

8X8, INC.

SUBSCRIPTION AGREEMENT

Dated July 29, 2003

 

 

IF the PURCHASER is an INDIVIDUAL, please complete the following:

IN WITNESS WHEREOF, the undersigned has executed this Agreement this 29th
day of July, 2003.

 

	
Amount of Subscription:

$ 
	

___________________________________

Print Name

	 	 
	
Number of Units to be Purchased:

, including

__________ Purchased Shares and related Purchased Warrants, subject to
reduction pursuant to the proviso in Section 1.1(b) hereof
	

___________________________________

Signature of Investor

	 	 
	 	

___________________________________

Social Security Number

	 	 
	 	 
	 	
___________________________________

Address and Fax Number

	 	 
	 	 
	 	
___________________________________

E-mail Address

	 	 

ACCEPTED AND AGREED:

8X8, INC.

 

By:

Dated:

SIGNATURE PAGE

TO

8X8, INC.

SUBSCRIPTION AGREEMENT

Dated July 29, 2003 

IF the INTERESTS will be held as JOINT TENANTS, as TENANTS IN COMMON, or
as COMMUNITY PROPERTY, please complete the following:

IN WITNESS WHEREOF, the undersigned has executed this Agreement this 29th
day of July, 2003.

	
Amount of Subscription:

$ 
	
___________________________________

Print Name of Purchaser

	 	 
	
Number of Units to be Purchased:

, including

_____________ Purchased Shares and related Purchased Warrants, subject to
reduction pursuant to the proviso in Section 1.1(b) hereof
	
___________________________________

Signature of a Purchaser

	 	
___________________________________

Social Security Number

	 	
___________________________________

Print Name of Spouse or Other Purchaser

	 	 
	 	
___________________________________

Signature of Spouse or Other Purchaser

	 	
___________________________________

Social Security Number

	 	 
	 	
___________________________________

Address 

	 	 
	 	
___________________________________

	 	
Fax Number

	 	
____________________________________

E-mail Address

ACCEPTED AND AGREED:

8X8, INC.

 

By:

Dated:

SIGNATURE PAGE

TO

8X8, INC.

SUBSCRIPTION AGREEMENT

Dated July 29, 2003 

IF the PURCHASER is a PARTNERSHIP, CORPORATION, LIMITED LIABILITY
COMPANY, TRUST or OTHER ENTITY, please complete the following:

IN WITNESS WHEREOF, the undersigned has executed this Agreement this 29th
day of July, 2003.

	
Number of Units to be Purchased:

, including

_____________ Purchased Shares and related Purchased Warrants, subject to
reduction pursuant to the proviso in Section 1.1(b) hereof
	 
	 	 
	 	
___________________________________

Print Full Legal Name of Partnership,

Company, Limited Liability Company, Trust or Other Entity

	 	 
	 	
By: __________________________________

(Authorized Signatory)

	 	
Name: ________________________________

	 	
Title: _________________________________

	 	
Address and Fax Number: _____________

___________________________________

	 	 
	 	
Taxpayer Identification Number: __________

Date and State of Incorporation or Organization: 

Date on which Taxable Year Ends:

E-mail Address: ________________________

ACCEPTED AND AGREED:

8X8, INC.

By:

Name:_______________________________

Title:

Dated:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00054-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00054-of-00352.parquet"}]]