Document:

Exhibit
      10.3

    

    THESE
      SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
      (THE “ACT”), OR ANY APPLICABLE STATE SECURITIES LAWS. THEY MAY NOT BE SOLD,
      OFFERED FOR SALE, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF ABSENT
      REGISTRATION OF SUCH SECURITIES UNDER SAID ACT AND SAID LAWS UNLESS THE COMPANY
      RECEIVES AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH
      REGISTRATION IS NOT REQUIRED.

     

    Void
      after 5:00 p.m. New York Time on the Expiration Date

    

    WARRANT

    TO
      PURCHASE COMMON STOCK OF

    VFINANCE,
      INC.

    

    1,303,392
      Shares

    

    Date
      of
      Issuance: November 7, 2006

    

    THIS
      CERTIFIES that Level2.com, Inc. (herein called “Holder”), or registered assigns,
      is entitled to purchase from vFINANCE, INC., a corporation organized and
      existing under the laws of Delaware (herein called the “Company”), at any time
      after the date hereof and until 5:00 p.m. (Eastern Time) on the Expiration
      Date
      (as defined below) One Million Three Hundred Three Thousand Three Hundred Ninety
      Two (1,303,392) fully paid and non-assessable shares of Common Stock of the
      Company, (defined below) at a purchase price per share of $0.11 (the “Exercise
      Price”). This Warrant is issued in replacement of the warrant dated November 2,
      2004 to purchase 1,649,864 shares of Common Stock of the Company issued to
      the
      Holder, which warrant has been canceled pursuant to the terms of that certain
      Settlement and Escrow Release Agreement dated November 7, 2006 by and among
      the
      Company, vFinance Investments, Inc., Global Partners Securities, Inc., the
      Holder and Edwards Angell Palmer & Dodge LLP.

    

    The
      number of shares of Common Stock to be received upon the exercise of this
      Warrant and the price to be paid for a share of Common Stock are subject to
      limitation and adjustment from time to time as hereinafter set
      forth.

    

    Definitions

    

    “Capital
      Stock”
means
      the Company’s Common Stock, and any other stock of any class, whether now or
      hereafter authorized, which has the right to participate in the distribution
      of
      earnings and assets of the Company without limit as to amount or
      percentage.

    

    “Common
      Stock”
means
      the Company’s Common Stock, par value $0.01 per share.

    

    “Expiration
      Date”
means
      November 2, 2009.

    

    “Warrant
      Shares”
means
      the shares of Common Stock deliverable upon exercise of this
      Warrant.

    

    Section
      1. Exercise
      of Warrant.
      This
      Warrant may be exercised in whole or in part on any business day (the “Exercise
      Date”) on or before the Expiration Date by presentation and surrender hereof to
      the Company at its principal office at the following address: 3010 North
      Military Trail, Boca Raton, Florida 33431, or at the office of its stock
      transfer or warrant agent, if any, (or at such other address as the Company
      may
      hereafter notify the Holder in writing) with the Purchase Form annexed hereto
      duly executed and accompanied by proper payment of the Exercise Price in full
      in
      lawful money of the United States of America in the form of a check, subject
      to
      collection, for the number of Warrant Shares specified in the Purchase Form.
      If
      this Warrant should be exercised in part only, the Company shall, upon surrender
      of this Warrant, execute and deliver a new Warrant evidencing the rights of
      the
      Holder thereof to purchase the balance of the Warrant Shares purchasable
      hereunder. Upon receipt by the Company of this Warrant and such Purchase Form,
      together with proper payment of the Exercise Price, at such office, the Holder
      shall be deemed to be the holder of record of the number of Warrant Shares
      being
      purchased, notwithstanding that the stock transfer books of the Company shall
      then be closed or that the certificates representing such Warrant Shares shall
      not then be actually delivered to the Holder. The Company shall pay any and
      all
      documentary stamp or similar issue or transfer taxes payable in respect of
      the
      issue or delivery of the Warrant Shares.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Section
      2. Reservation
      of Shares.
      The
      Company shall reserve at all times for issuance and delivery upon exercise
      or
      conversion of this Warrant all Warrant Shares from time to time issuable upon
      exercise of this Warrant. All such shares shall be duly authorized and, when
      issued upon the exercise of this Warrant in accordance with the terms hereof,
      including payment of the applicable Exercise Price in full, shall be validly
      issued, fully paid and nonassessable, free and clear of all liens, security
      interests, charges and other encumbrances or restrictions (“Liens”) on sale
      (other than (i) restrictions pursuant to applicable federal and state securities
      laws, and (ii) any Liens created by any action or inaction of the Holder of
      the
      Warrant Shares). 

    

    Section
      3. Fractional
      Interest.
      The
      Company will not issue a fractional share of Common Stock or scrip upon any
      exercise of this Warrant. Instead, the Company will deliver its check for the
      current Market Value (as defined below) of the fractional share. The current
      Market Value of a fraction of a share of Common Stock is determined as follows:
      multiply the current Market Value of a full share of Common Stock by the
      fraction of a share and round the result to the nearest cent.

    

    The
      Market Value of a share of Common Stock shall be determined as
      follows:

    

    
      	
            	(i)	
              If
                the Common Stock is listed on a national securities exchange or admitted
                to unlisted trading privileges on such exchange or is an over-the-counter
                equity security whose bid and ask prices are reported, the current
                market
                value shall be the last reported sale price of the Common Stock on
                the
                last business day prior to the date of exercise or conversion of
                this
                Warrant or if no such sale is made on such day, the average closing
                bid
                and asked prices for such day; or

            

    

    

    
      	
            	(ii)	
              If
                the Common Stock is not so listed or admitted to unlisted trading
                privileges, the current market value shall be the mean of the last
                reported bid and asked prices reported by the National Quotation
                Bureau,
                Inc., on the last business day prior to the date of exercise or
                conversion; or

            

    

    

    
      	
            	(iii)	
              If
                the Common Stock is not so listed or admitted to unlisted trading
                privileges and bid and asked prices are not so reported, the current
                market value per share shall be an amount determined in such reasonable
                manner as may be prescribed in good faith by the Board of Directors
                of the
                Company.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Section
      4. Exchange,
      Transfer, Assignment or Loss of Warrant.

    

    (a) The
      Holder of this Warrant shall be entitled, at its option, without expense and
      without obtaining the consent of the Company, to assign its interest in this
      Warrant, or any of the Warrant Shares, in whole or in part, upon presentation
      and surrender hereof to the Company or its stock transfer agent, if any;
provided,
      however,
      that
      the transferee, prior to any such transfer, agrees in writing, in form and
      substance satisfactory to the Company, to be bound by the terms of this Warrant
      and provides the Company with an opinion of counsel in such form reasonably
      acceptable to the Company, that such transfer would not be in violation of
      the
      Act or any applicable state securities or blue sky laws. 

    

    (b) Subject
      to the provisions of Section
      4 (a)
      and
Section
      7,
      upon
      surrender of this Warrant to the Company or at the office of its stock transfer
      agent or warrant agent, with the Assignment Form annexed hereto duly executed
      and funds sufficient to pay any transfer tax, the Company shall, without charge,
      execute and deliver a new Warrant or Warrants in the name of the assignee or
      assignees named in such instrument of assignment and, if the Holder’s entire
      interest is not being assigned, in the name of the Holder, and this Warrant
      shall promptly be canceled. 

    

    Section
      5. Adjustment
      of Exercise Price and Number of Shares.
      The
      number and kind of securities purchasable upon the exercise of this Warrant
      and
      the Exercise Price shall be subject to adjustment from time to time upon the
      occurrence of certain events, as follows:

    

    (a) Reclassification,
      Consolidation or Merger.
      In case
      of any reclassification or change of outstanding securities issuable upon
      exercise of this Warrant (other than a change in par value, or from par value
      to
      no par value, or from no par value to par value or as a result of a subdivision
      or combination) or in case of any consolidation or merger of the Company with
      or
      into another corporation (other than a merger with another corporation in which
      the Company is a continuing corporation and which does not result in any
      reclassification or change, other than a change in par value, or from par value
      to no par value, or from no par value to par value, or as a result of a
      subdivision or combination of outstanding securities issuable upon the exercise
      of this Warrant), the Company, or such successor or purchasing corporation,
      as
      the case may be, shall, without payment of any additional consideration
      therefor, execute a new warrant providing that the Holder shall have the right
      to exercise such new warrant (upon terms not less favorable to the Holder than
      those then applicable to this Warrant) and to receive upon such exercise, in
      lieu of each share of Common Stock theretofore issuable upon exercise or
      conversion of this Warrant, the kind and amount of shares of stock, other
      securities, money or property receivable upon such reclassification, change,
      consolidation or merger by the Holder of one share of Common Stock issuable
      upon
      exercise or conversion of this Warrant had the Warrants been exercised or
      converted immediately prior to such reclassification, change, consolidation,
      or
      merger. Such new warrant shall provide for adjustments which shall be as nearly
      equivalent as may be practicable to the adjustments provided for in this
Section 5.
      The
      provisions of this Subsection
      5(a)
      shall
      similarly apply to successive reclassifications, changes, consolidations, or
      mergers.

    

    (b) Subdivision
      or Combination of Shares.
      If the
      Company at any time while this Warrant remains outstanding and prior to the
      Expiration Date shall subdivide or combine its Common Stock, the Exercise Price
      shall be proportionately reduced, in case of subdivision of shares, as of the
      effective date of such subdivision, or, if the Company shall take a record
      of
      holders of its Common Stock for the purpose of so subdividing, as of such record
      date, whichever is earlier, or shall be proportionately increased, in the case
      of combination of shares, as of the effective date of such combination, or,
      if
      the Company shall take a record of holders of its Common Stock for the purpose
      of so combining, as of such record date, whichever is earlier.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (c) Certain
      Dividends and Distributions.
      If the
      Company at any time while this Warrant is outstanding and prior to the
      Expiration Date shall:

    

    
      	
            	(i)	
              Stock
                Dividends.
                Pay a dividend in shares of, or make other distribution of shares
                of, its
                Common Stock, then the Exercise Price shall be adjusted, as of the
                date
                the Company shall take a record of the holders of its Common Stock
                for the
                purpose of receiving such dividend or other distribution (or if no
                such
                record is taken, as at the date of such payment or other distribution),
                to
                that price determined by multiplying the Exercise Price in effect
                immediately prior to such payment or other distribution by a fraction
                (a)
                the numerator of which shall be the total number of shares of Common
                Stock
                outstanding immediately prior to such dividend or distribution, and
                (b) the denominator of which shall be the total number of shares of
                Common Stock outstanding immediately after such dividend or distribution;
                or

            

    

    

    
      	
            	(ii)	
              Liquidating
                Dividends, Etc.
                Make a distribution of its assets to the holders of its Common Stock
                as a
                dividend in liquidation or by way of return of capital or other than
                as a
                dividend payable out of earnings or surplus legally available for
                dividends under applicable law, the Holder shall, upon its exercise,
                be
                entitled to receive, in addition to the number of shares of Common
                Stock
                receivable thereupon, and without payment of any additional consideration
                therefor, a sum equal to the amount of such assets as would have
                been
                payable to it as owner of that number of shares of Common Stock receivable
                by exercise or conversion of the Warrant had it been the holder of
                record
                of such Common Stock on the record date for such distribution, or
                if no
                such record is taken, as of the date of such distribution, and an
                appropriate provision therefor shall be made a part of any such
                distribution.

            

    

    

    (d) Adjustment
      of Number of Shares.
      Upon
      each adjustment in the Exercise Price pursuant to any provisions of this
Section
      5,
      the
      number of shares of Common Stock purchasable hereunder shall be adjusted, to
      the
      nearest one hundredth of a whole share, to the product obtained by multiplying
      such number of shares purchasable immediately prior to such adjustment by a
      fraction, the numerator of which shall be the Exercise Price immediately prior
      to such adjustment and the denominator of which shall be the Exercise Price
      immediately thereafter.

    

    Section
      6. Officers’
      Certificate.
      Whenever the Exercise Price shall be adjusted as required by the provisions
      of
Section
      5,
      the
      Company shall forthwith file in the custody of its secretary or an assistant
      secretary at its principal office an officers’ certificate showing the adjusted
      Exercise Price determined as herein provided, setting forth in reasonable detail
      the facts requiring such adjustment and the manner of computing such adjustment.
      Each such officers’ certificate shall be signed by the chairman, the chief
      executive officer, president, chief financial officer, secretary or any
      assistant secretary of the Company. A copy of each such officers’ certificate
      shall be promptly mailed to the Holder and the original shall be made available
      at all reasonable times for inspection by any other holder of a Warrant executed
      and delivered pursuant to Section
      4
      hereof.

    

    Section
      7. Transfer
      to Comply with the Securities Act of 1933.
      No
      sale, transfer, assignment, hypothecation or other disposition of this Warrant
      or of the Warrant Shares shall be made if such transfer, assignment or other
      disposition would result in a violation of the Act, or any state securities
      laws. Upon exercise of this Warrant, the Holder shall, if requested by the
      Company, confirm in writing, in a form reasonably satisfactory to the Company,
      that the shares of Common Stock so purchased are being acquired solely for
      the
      Holder’s own account, and not as a nominee thereof, for investment, and not with
      a view toward distribution or resale, except as permitted by the Act, and shall
      provide such other information to the Company as the Company may reasonably
      request. Any Warrant and any Warrants issued upon exercise of, substitution
      for,
      or upon assignment or transfer of this Warrant, as the case may be, and all
      shares of Common Stock issued upon exercise hereof or conversion thereof shall
      bear legends (in addition to any legend required by state securities laws)
      in
      substantially the form set forth on the first page of this Warrant, unless
      and
      until such securities have been transferred pursuant to an effective
      registration statement under the Act or may be freely sold to the public
      pursuant to Rule 144 (or any successor rule thereto) or otherwise. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Section
      8. Modification
      and Waiver.
      Neither
      this Warrant nor any term hereof may be changed, waived, discharged or
      terminated other than by an instrument in writing signed by the Company and
      by
      the holder hereof.

    

    Section
      9. Notices.
      Any
      notice, request or other document required or permitted to be given or delivered
      to the Holder hereof or the Company shall be delivered or shall be sent by
      certified mail or documented overnight delivery service, postage prepaid, or
      by
      telecopy, receipt acknowledged, to the Holder at its address as shown on the
      books of the Company or to the Company at the address indicated therefor in
      Section
      1
      of this
      Warrant.

    

    Section
      10. Descriptive
      Headings and Governing Law.
      The
      descriptive headings of the several sections and paragraphs of this Warrant
      are
      inserted for convenience only and do not constitute a part of this Warrant.
      This
      Warrant shall be construed and enforced in accordance with, and the rights
      of
      the parties shall be governed by, the laws of the State of
      Delaware.

    

    Section
      11. No
      Impairment.
      The
      Company will not knowingly avoid or seek to avoid the observance or performance
      of any of the terms to be observed or performed hereunder by it, but will at
      all
      times in good faith assist in the carrying out of all of the provisions of
      this
      Warrant.

    

    Section
      12. Rights
      of the Holder.
      The
      Holder shall not, by virtue hereof, be entitled to any rights of a stockholder
      in the Company, either at law or equity, and the rights of the Holder are
      limited to those expressly set forth in this Warrant.

     

    IN
      WITNESS WHEREOF,
      the
      Company has duly caused this Warrant to be signed by its duly authorized officer
      and to be dated as of November 7, 2006.

     

    
      	 	 	 
	 	vFINANCE,
              INC.
	 
 	 
 	 
 
	 	By:  	/s/ Leonard
              J. Sokolow 
	 	
               

              Name:

            	
              
                

              

              Leonard J. Sokolow

            
	 	Title:	Chief Executive Officer and
              President

    

    
       

      
         

        
          

        

      

       

    

    

    PURCHASE
      FORM

    

    Dated
      _______________________

    

    The
      undersigned hereby irrevocably elects to exercise the within Warrant to purchase
      _____________ shares of Common Stock and hereby makes payment of
      $____________________ in payment of the exercise price thereof.

     

    
      
        	 	 	 	 
	
              	 	 	
                
[PRINT
                OR TYPE NAME OF ENTITY]
	 	 	By:	
              
	 	 	
                 

                Name:

                Title:

              	
                
                  

                  _________________________________

                _________________________________

              
	 	 	 	 

        
          
             

          

          
             

            
              

            

          

           

        

      

       

    

    ASSIGNMENT
      FORM

     

    Dated
      ________________________

    

    FOR
      VALUE
      RECEIVED, __________________________________________________ hereby sells,
      assigns and 

    (please
      type or print in block letters)

    

    transfers
      unto _______________________________________________________________________
      (the “Assignee”), of

    (please
      type or print in block letters) 

     

      
        

      

    

    (Address)

    

    its
      right
      to purchase up to _________ shares of Common Stock represented by this Warrant
      and does hereby irrevocably constitute and appoint
      _______________________________ Attorney, to transfer the same on the books
      of
      the Company, with full power of substitution in the premises.

     

    
      
        
          	 	 	 	 
	
                	 	 	
                  
[PRINT
                  OR TYPE NAME OF ENTITY]
	 	 	By:	
                
	 	 	
                   

                  Name:

                  Title:

                	
                  
                    

                    _________________________________

                  _________________________________Unassociated Document

    Exhibit
      10.4

     

    SETTLEMENT
      AGREEMENT entered into between HENRY S. SNOW and SANDRA L.
      SNOW
      ("Plaintiffs");
      vFINANCE,
      INC. n/k/a vFINANCE.COM, INC.
      ("Defendant"); and MICHAEL
      GOLDEN and BEN LICHTENBERG ("Co-Defendants")
      relating to the settlement of all claims, cross-claims and counterclaims between
      the aforesaid parties in the action bearing Case Number 50 2002 CA-009820XXCD
      AI
      which is pending in the Circuit Court of the 15th
      Judicial
      Circuit of Florida, in and for Palm Beach County (the "Action") involving:
      delivery by Defendant to Plaintiffs of certificates representing one million
      (1,000,000) shares of common stock of Defendant free and clear of all liens,
      claims and encumbrances except as set forth herein (the "Shares") and payment
      to
      Plaintiffs of the sum of $10,000.00 within 30 days by the
      Co-Defendants.

    

    PLAINTIFFS,
      DEFENDANT AND CO-DEFENDANTS HEREBY AGREE AS
      FOLLOWS:

    

    1. Defendant
      shall deliver to Plaintiffs, and
      Plaintiffs shall
      accept
      from Defendant,
      a certificate representing the Shares, free and clear of all liens, claims
      and
      encumbrances except that the Shares shall be restricted securities of the
      Defendant and may
      only
      be sold as allowed and as limited by Rule 144 under the Securities Act of
      1933,
      as
      amended ("Rule 144"). The certificate representing the Shares, together with
      the
additional obligations
      of Defendant set forth herein, are in full and complete payment and
      settlement of any and all claims by Plaintiffs against Defendant and any
      and all
      counterclaims by Defendant against Plaintiffs. The certificates shall
      be delivered
      in not
      larger
      than 100,000 share certificates beating a restricted legend and. shall be
      delivered not later than thirty days after the date hereof.

    

    1(a). Defendant
      guarantees to Plaintiffs that any public sale of any of the Securities after
      one
      year from the date hereof, shall result in a sale price of not less than $.175
      per share. Defendant shall pay in cash to Plaintiffs, the difference (the
      "Shortfall"), if any between $.175 per share and the actual net sale price
      of
      any of the Shares, to any bona fide third party for value. Plaintiffs shall
      give
      notice to Defendant of arty proposed sale for less than $.175 per share and
      Defendant shall have 48 hours from receipt of such notice, in writing, to
      purchase the Shares which are the subject of that notice for $.175 per Share.
      If
      Defendant fails to exercise such option then, within
      ten
      (10)
      days after receipt of written notice of the sale, Defendant shall pay the
      Shortfall to the Plaintiffs. Plaintiffs understand that under Rule 144 they
      may
      not sell the Shares for one year from the date hereof subject to the
requirements
      contained in. Rule 144
      and,
      in addition, Plaintiffs agree not to
      sell
      more
      than 100,000 Shares in any calendar month. Defendant agrees
      to
      take all steps reasonably necessary to permit Plaintiffs to sell the Shares
      under Rule 144 including the issuance and delivery to the transfer agent of
      an
      opinion of counsel authorizing the removal of the restrictive legend on the
      Share certificate.

    

    1(b). In
      the
event
      Defendant defaults in any of its obligations hereunder, including, without
      limitation, delivery of the Shares and payment of any Shortfall, then,
within
      10
      days after written notice and an opportunity to cure said default. Plaintiffs
      shall
      have the
      right to the immediate entry of a judgment in the sum of $220,000 less any
      sums
      theretofore received by Plaintiffs for sale of any of the
      Shares. This liquidated damage clause
      is
      not intended to he a penalty but is a reasonable estimation by Plaintiffs and
      Defendant
      of Plaintiffs damages in the event of a breach of this agreement by
      Defendant.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    2. Upon
      delivery of the certificates for the Shares, (a) Plaintiffs and Defendant
      hereby remise, release and forever discharge each other (herein defined as
      them
      and. their heirs, administrators, predecessors, successors, trustees,
      beneficiaries, assigns,
      parents, subsidiaries, affiliates, officers, directors, members, shareholders,
      partners, employees, agents and insurers) from.
      and
against
      any and all claims and demands which they have or may have against each other
      whether
      known or unknown, liquidated or unliquidated, contingent or fixed; from the
      beginning of time to the present
      except
      for any claims hereunder; and (b) Plaintiffs and Defendant shall execute and
      file an agreed upon order dismissing the Action with .prejudice
      except that the Court shall retain jurisdiction to enforce the terms of this
      Settlement Agreement.

    

    3. Co-Defendants,
      GOLDEN
      and LICHTENBERG,
      shall
      pay to the Plaintiffs the sum of $10,000.00 within thirty (30) days or on or
      before October 28, 2006 in settlement of all claims filed in this case.
      Defendant, vFINANCE
      and
      Co-Defendants, GOLDEN
      and LICHTENBERG,
      will
      exchange Mutual General Releases.

    

    4. The
      terms
      of this Settlement Agreement, the facts and circumstances underlying and giving
      rise to the Action and any matters discussed with the Mediator shall be
      confidential and may not be disclosed to the media or to anyone (except for
      the
      spouse, accountants, attorneys, investment advisors, financial planners, officer
      and directors of the parties hereto and their affiliates who, by accepting
      any
      such confidential information, shall be presumed to have agreed to the
      provisions of this paragraph) unless such disclosure is required by any law
      enforcement agency or any regulatory or self-regulatory organization asserting
      jurisdiction, or is required pursuant to any lawfully issued subpoena or other
      :legal process. To the extent that a party hereto discloses any information
      related to the settlement to the persons listed above in the "except for",
      that
      party will inform such persons of the requirement to keep such information
      confidential. The parties agree not to disparage each other or any of the
      parties being released pursuant to this agreement In the event any party brings
      an action for breach of this agreement, the prevailing party shall be entitled
      to the reasonable fees and expenses of its counsel and such other remedies
      as
      may be available at law or in equity.

    

    5. The
      parties hereto shall execute such additional documents as are typical
for
      settlements of this
      type
and
      as
      may reasonably be requested by any other party hereto
      in order
      to implement or further assure the terms hereof including copies hereof. Any
      dispute
      as to the appropriateness of any such document or any provision thereof or
      hereof
      shall be
      resolved by Mark A. Buckstein ("Mediator") in his sole and absolute discretion
      which shall be binding upon the parties.

    

    6. Except
      as
      otherwise provided herein, the parties hereto each shall bear the fees and
      costs
      of their respective attorneys and experts and each has executed this agreement
      freely and voluntarily after consulting with their own counsel and, if
      appropriate, experts, and not based upon any
      advice or recommendations
      by the Mediator.
      The execution of this settlement agreement does not constitute any
      admission or
      acknowledgment of liability or the truth of any allegations contained in any
      pleadings in
      the
      Action. The: parties are settling this matter to avoid any further fees and
      expenses and
      to
      bring closure to this dispute. The fees of the Mediator shall be borne one-third
      by
      Plaintiffs, one-third by Defendant and one-third by Co-Defendants.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    7.  This
      Settlement Agreement may be executed in counterparts and signed via facsimile
      and distributed among counsel for the parties and any copy of any signature
      of
      any party to this Settlement Agreement shall be deemed to be an original and
      shall have the same legal force and effect of any original
      signature.

    

    8.  The
      parties shall submit a Stipulation to the Court incorporating the terms of
      this
      Settlement Agreement by reference and an Order dismissing all claims,
counter-claims
      and cross-claims with prejudice, providing that all claims, demands,
      debts and
      causes of action filed in or arising from this lawsuit have been released and
      reserving
      jurisdiction of the Court to enforce the terms and conditions of this Settlement
      Agreement.

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    IN
      WITNESS WHEREOF, the
      parties hereto have executed. this Settlement Agreement on this 16th day
      of
      October, 2006.

    

    vFinance,
      Inc. n/k/a vFinance.com, Inc. (Defendant)

     

    
      	 	 	 	 	 
	By :	/s/ Leonard
              J. Sokolow	 	 	 
	Title: 	
              
Chief
              Executive Officer and 	 	 	
            

    

     

    
      	 	 	 	 
	/s/ Henry
              S.
              Snow	(Plaintiff)	 	 
	
              
Henry
              S. Snow	 	 	
            

    

     

    
      
        	 	 	 	 
	/s/ Sandra
                L.
                Snow	(Plaintiff)	 	 
	
                

                Sandra
                  L. Snow

              	 	 	
              

      

       

      
        
          
            	 	 	 	 
	/s/ Michael
                    Golden	(Co-Defendant)	 	 
	
                    
Michael
                    Golden	 	 	
                  

          

        

         

      

    

    
      
        
          
            	 	 	 	 
	/s/ Ben
                    Lichtenberg	(Co-Defendant)	 	 
	
                    
Ben
                    Lichtenberg

          

        

         

        
          
            
              
                	 	 	 	 
	/s/ Simeon
                        Brier  	 	 	 
	
                        
Attorney
                        for vFinance
                        Inc.

              

            

          

          
             

            
              
                
                  
                    	 	 	 	 
	/s/ Joel
                            D.
                            Kenwood  	
                          	 	 
	
                            

                            Attorney
                              for Defendant 

                          
	 

                  

                

              

            

          

        

      

    

    
      	 	 	 	 
	/s/ Neal
              Baritz 	 	 	 
	
              
Attorney
              for Co-Defendant

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}]]