Document:

EXHIBIT 10.10

THE SECURITIES  REPRESENTED HEREBY HAVE BEEN ACQUIRED BY THE HOLDER NAMED HEREON
FOR ITS OWN ACCOUNT FOR INVESTMENT  WITH NO INTENTION OF MAKING OR CAUSING TO BE
MADE ANY PUBLIC DISTRIBUTION OF ALL OR ANY PORTION THEREOF;  AND SUCH SECURITIES
MAY NOT BE PLEDGED,  SOLD OR IN ANY OTHER WAY  TRANSFERRED  IN THE ABSENCE OF AN
EFFECTIVE REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER THE SECURITIES ACT OF
1933, AS IN EFFECT AT THAT TIME OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY
TO THE ISSUER THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT.

Warrant No. TWC-002

                             STOCK PURCHASE WARRANT
                             ----------------------

                           To Subscribe for Shares of

                                  Common Stock

                                       of

                                 TurboWorx, Inc.

       THIS CERTIFIES  THAT, for value received,  Trautman  Wasserman & Company,
Inc. (the  "holder"),  is entitled to subscribe for and purchase from TurboWorx,
Inc.,  formerly known as TurboGenomics,  Inc., (the "Company") 708,881 shares of
the  Company's  common  stock,  par value $.001 per share (the  "Stock"),  at an
exercise  price of $0.55 per share (with  adjustments  provided for herein,  the
"Warrant  Price") at any time from the date hereof to and  including the earlier
to occur of (i)  March  31,  2010;  and  (ii)  the  date on  which  the  Company
consummates an initial public offering of its capital stock registered under the
Securities Act of 1933, as amended,  subject to the terms and conditions  stated
in this Warrant (the "Warrant").

       1.     [RESERVED]

       2.     [RESERVED]

       3.     EXERCISE OF WARRANT

       The rights represented by this Warrant may be exercised by the holder, in
whole or in part,  by the  surrender of this Warrant and delivery of an executed
Exercise  Notice in the form  attached  hereto to the  Company at its  principal
office at any time or times within the period  specified  above,  accompanied by
payment for the Stock so subscribed for by certified or bank

                                        1
<PAGE>

check.  In the event of the partial  exercise of the rights  represented by this
Warrant,  a new  Warrant  representing  the  number of  shares as to which  this
Warrant shall not have been exercised shall be promptly issued to the holder. In
any event,  such a new Warrant and a certificate or  certificates  for the Stock
purchased  shall be  delivered  by the  Company to the holder not later than ten
days after payment is made for the purchased Stock.

       Notwithstanding  anything  herein to the contrary,  in lieu of exercising
this Warrant as hereinabove permitted, the holder may elect to receive shares of
Stock equal to the value (as  determined  below) of this Warrant (or the portion
thereof being canceled) by surrender of this Warrant at the principal  office of
the Company, together with the properly endorsed Exercise Notice, in which event
the Company  shall  issue to the holder that number of shares of Stock  computed
using the following formula:

                               SAS = WS X (CP-WP)
                                     ------------
                                          CP

Where:

              SAS    equals  the  number  of shares of Stock to be issued to the
                     holder; and

              WS     equals the number of shares of Stock  purchasable under the
                     Warrant  or,  if only a  portion  of the  Warrant  is being
                     exercised,  the portion of the Warrant being  exercised (at
                     the date of such calculation); and

              CP     equals the Closing Price (as hereinafter defined) as of the
                     date of exercise. "Closing Price" on any day shall mean, in
                     the  absence of an  established  market  for the  Company's
                     Common Stock, the valuation per share as determined in good
                     faith by the Board of Directors;  PROVIDED,  HOWEVER,  that
                     where there exists a public  market for the Common Stock at
                     the time of such  exercise,  the  Closing  Price  per share
                     shall be equal to the  average of the closing bid and asked
                     prices of the Common Stock  quoted in the  Over-The-Counter
                     Market  Summary  or the  last  reported  sale  price of the
                     Common  Stock or the  closing  price  quoted on the  NASDAQ
                     National  Market  System  or on any  exchange  on which the
                     Common  Stock  is  listed,  whichever  is  applicable,   as
                     published  in The  Wall  Street  Journal  for the  five (5)
                     trading  days  prior  to the date of  determination  of the
                     Closing Price.  Notwithstanding the foregoing, in the event
                     the Warrant is exercised in  connection  with the Company's
                     initial public offering of Common Stock,  the Closing Price
                     per share shall be equal to the per share offering price to
                     the public of the Common Stock issued in the initial public
                     offering; and

              WP     equals the per share Warrant Price.

       In the event of any exercise of the rights represented by this Warrant, a
certificate or certificates for the shares of Stock so purchased,  registered in
the name of the  holder,  shall  be  delivered  to the  holder  hereof  within a
reasonable  time,  not  exceeding   twenty-five  (25)  days,  after  the  rights
represented  by this  Warrant  shall have been so  exercised;  and,  unless this
Warrant  has  expired,  a new Warrant of like tenor  representing  the number of
shares,  if any,  with  respect

                                       2
<PAGE>

to which this Warrant shall not then have been exercised shall also be issued to
the holder hereof within such time. The person in whose name any certificate for
shares of Stock is issued upon  exercise of this Warrant  shall for all purposes
be  deemed to have  become  the  holder of record of such  shares on the date on
which the Warrant  was  surrendered  and  payment of the  Warrant  Price and any
applicable  taxes  was  made,  irrespective  of the  date  of  delivery  of such
certificate,  except that,  if the date of such  surrender and payment is a date
when the stock  transfer  books of the Company are closed,  such person shall be
deemed to have  become the holder of such shares at the close of business on the
next  succeeding  date on which the stock  transfer  books are open. The Company
shall pay any issue tax imposed on exercise of this Warrant for Stock, PROVIDED,
HOWEVER, that the holder shall be required to pay any and all taxes which may be
payable in respect of any transfer  involved in the issuance and delivery of any
certificate  in a name other than that of the holder as reflected upon the books
of the Company.

       Notwithstanding  the foregoing or anything to the contrary  herein,  this
Warrant  may  be  exercised  only  upon  the  delivery  to  the  Company  of any
certificates,  legal opinions,  or other documents  reasonably  requested by the
Company or its counsel to satisfy the Company and its counsel  that the proposed
exercise  of  this  Warrant  may be  effected  without  registration  under  the
Securities Act of 1933, as amended. The holder shall not be entitled to exercise
this  Warrant,  or any part hereof,  unless and until such  certificates,  legal
opinions or other  documents  are  reasonably  acceptable to the Company and its
counsel.

       4.     VALIDITY OF ISSUE

       The  Company  warrants  and agrees  that all shares of Stock which may be
issued upon the exercise of the rights  represented  by this Warrant will,  upon
issuance,  be fully paid and  nonassessable  and free from all taxes,  liens and
charges  with respect to the issue  thereof.  The Company  further  warrants and
agrees  that  during the period  within  which the  rights  represented  by this
Warrant may be  exercised,  the Company  will at all times have  authorized  and
reserved a  sufficient  number of shares of Stock to provide for the exercise of
the rights represented by this Warrant.

       5.     ADJUSTMENTS TO PREVENT DILUTION

       (a)    If and  whenever  the  Company  shall  issue or sell any shares of
Stock for a  consideration  per  share  less  than the  Warrant  Price in effect
immediately  prior to the time of such  issue or sale,  then upon such  issue or
sale, the Warrant Price shall be recalculated (and if applicable reduced, but in
no  event  thereby  increased)  to a  price  (calculated  to the  nearest  cent)
determined  by  dividing  (i) an amount  equal to the sum of (aa) the  number of
shares of Stock  outstanding  immediately prior to such issue or sale multiplied
by the then existing Warrant Price, and (bb) the consideration, if any, received
by the  Company  upon such  issue or sale by (ii) the total  number of shares of
Stock outstanding immediately after such issue or sale.

              (1)    If at any time the  Company  shall in any manner  grant any
options  or  rights  to  subscribe  for  or  to  purchase  Stock  or  securities
convertible  into Stock  ("Convertible  Securities")  or shall issue or sell any
Convertible  Securities and the price per share for which Stock is issuable upon
the  exercise of such rights or options or upon  conversion  or exchange of such
Convertible  Securities  [determined  by dividing (i) the total amount,  if any,
received or receivable by the Company as consideration  for the granting of such
rights or options or for the

                                       3
<PAGE>

issuance or sale of Convertible Securities, plus the minimum aggregate amount of
additional consideration payable to the Company upon the exercise of such rights
or  options,  plus,  in the case of such  Convertible  Securities,  the  minimum
aggregate  amount  of  additional  consideration,   if  any,  payable  upon  the
conversion or exchange  thereof,  by (ii) the total maximum  number of shares of
Stock  issuable  upon  the  exercise  of such  rights  or  options  or upon  the
conversion or exchange of such  Convertible  Securities]  shall be less than the
Warrant  Price in effect  immediately  prior to the time of the granting of such
rights or options or the issuance or sale of such Convertible  Securities,  then
the total maximum  number of shares of Stock  issuable upon the exercise of such
rights or options or upon conversion or exchange of such Convertible  Securities
shall (as of the date of granting  of such rights or options or the  issuance or
sale of such  Convertible  Securities) be deemed to be  outstanding  and to have
been  issued for such price per share.  No further  adjustments  of the  Warrant
Price shall be made upon the actual  issue of such Stock or of such  Convertible
Securities  upon  exercise of such rights or options or upon the actual issue of
such Stock upon conversion or exchange of such Convertible Securities.  Unless a
provision of any other  paragraph  of this Section 5 controls,  if the price per
share for which  Stock is  issuable  upon  exercise of such rights or options or
upon conversion or exchange of such  Convertible  Securities shall change at any
time, the Warrant Price then in effect shall forthwith be adjusted or readjusted
to such Warrant Price as would have obtained had the  adjustments  made upon the
issuance or sale of such rights,  options or  Convertible  Securities  been made
upon the basis of (a) the issuance of the number of shares of Stock  theretofore
actually  delivered  (and the total  consideration  received  therefor) upon the
exercise of such  options or rights or upon the  conversion  or exchange of such
Convertible  Securities,  and (b) the assumption that the remaining  outstanding
options, rights, or Convertible Securities were originally issued at the time of
such change. On the expiration of any such option or right or the termination of
any such right to convert or exchange such Convertible  Securities,  the Warrant
Price then in effect shall  forthwith  be  readjusted  to such Warrant  Price as
would have obtained had the  adjustments  made upon the issuance or sale of such
rights or options or Convertible  Securities been made upon the basis of (a) the
issuance of the number of shares of Stock  theretofore  actually  delivered (and
the total  consideration  received therefor) upon the exercise of such rights or
options or upon the  conversion or exchange of such  Convertible  Securities and
(b) the issuance or sale of any such options,  rights or Convertible  Securities
as remain outstanding after said expiration or termination.

              (2)    If the  Company  shall  declare  a  dividend,  or make  any
further distribution upon any capital stock of the Company,  payable in Stock or
Convertible  Securities,  then any Stock or Convertible  Securities (as the case
may be) issuable in payment of such dividend or distribution  shall be deemed to
have  been  issued  or  sold  without  consideration;  and  in  addition  to the
adjustment  of the Warrant Price  required by this Section  5(a),  the number of
shares of Stock issuable upon exercise of this Warrant shall be  proportionately
increased so that the holder upon  exercise of this Warrant shall be entitled to
receive the same  number of shares of Stock  which it would have  received if it
had exercised this Warrant in full immediately prior to the date for determining
stockholders entitled to receive such dividend or distribution.

              (3)    If any  shares of Stock or  Convertible  Securities  or any
rights or options to purchase any such Stock or Convertible  Securities shall be
issued  for  cash,  then the  consideration  received  shall be deemed to be the
amount  received by the  Company,  without  deduction  therefrom of any expenses
incurred or any  underwriting  commissions or concessions paid or allowed by the
Company in  connection  therewith.  In case any  shares of Stock or  Convertible

                                       4
<PAGE>

Securities  or any rights or options to purchase  any such Stock or  Convertible
Securities  shall be issued for a  consideration  other than cash, the amount of
the consideration  other than cash received by the Company shall be deemed to be
the value of such  consideration  as determined by the Board of Directors of the
Company,  without  deduction  of  any  expenses  incurred  or  any  underwriting
commissions  or  concessions  paid  or  allowed  by the  Company  in  connection
therewith.

              (4)    If the  Company  shall take a record of the  holders of its
Stock for the  purpose of  entitling  them (i) to  receive a  dividend  or other
distribution payable in Stock or in Convertible Securities, or (ii) to subscribe
for or  purchase  Stock or  Convertible  Securities,  then for  purposes of this
Warrant  such record date shall be deemed to be the date of the issue or sale of
the shares of Stock deemed to have been issued or sold upon the  declaration  of
such  dividend  or the  making  of such  other  distribution  or the date of the
granting of such right of subscription or purchase, as the case may be.

       (b)    If the  Company  shall  declare a  dividend  upon any Stock of the
Company payable  otherwise than as a cash dividend paid out of current earnings,
or in  Stock  or  Convertible  Securities,  then the  Warrant  Price  in  effect
immediately  prior to the  declaration  of such dividend  shall be reduced by an
amount  equal  to the  fair  value  of  the  dividend  per  share  of the  Stock
outstanding  at the  time of such  declaration  as  determined  by the  Board of
Directors of the  Company.  Such  reduction  shall take effect as of the date on
which a record is taken for the purpose of such  dividend or, if a record is not
taken,  the date as of which the  holders  of Stock of record  entitled  to such
dividend are to be determined.

       (c)    If the Company shall at any time subdivide its outstanding  shares
of Stock  into a greater  number of  shares,  then the  Warrant  Price in effect
immediately prior to such subdivision shall be proportionately  reduced, and the
number of shares issuable upon exercise of this Warrant shall be proportionately
increased;  and  conversely,  in case  the  outstanding  shares  of Stock of the
Company shall be combined into a smaller number of shares,  the Warrant Price in
effect immediately prior to such combination shall be proportionately  increased
and the number of shares issuable proportionately reduced.

       (d)    Except  as  provided  in  paragraph  (c) of this  Section,  if any
capital  reorganization or reclassification of the capital stock of the Company,
or consolidation or merger of the Company with another corporation,  or the sale
of all or  substantially  all of its  assets or of any  successor  corporation's
property  and  assets  to  any  other  corporation  or  corporations  (any  such
corporation   being  included   within  the  meaning  of  the  term   "successor
corporation") shall be effected,  then as a condition of such  recapitalization,
reclassification,  consolidation,  merger,  or  conveyance,  lawful and adequate
provision  shall be made whereby the holder shall  thereafter  have the right to
purchase and receive upon the basis and upon the terms and conditions  specified
in this  Warrant and in lieu of the shares of Stock of the  Company  immediately
theretofore   purchasable   and  receivable  upon  the  exercise  of  the  right
represented hereby, such shares of stock,  securities or assets as may be issued
or payable with respect to or in exchange for a number of outstanding  shares of
such Stock equal to the number of shares of such Stock  immediately  theretofore
purchasable  and receivable upon the exercise of the rights  represented  hereby
had such recapitalization, reclassification, consolidation, merger or conveyance
not taken place, and in any such case appropriate  provisions shall be made with
respect  to the rights and  interests  of the holder of this  Warrant to the end
that  the  provisions  hereof  (including  without

                                       5
<PAGE>

limitation  provisions  for adjustment of the warrant price and of the number of
shares  purchasable  upon the  exercise of this  warrant)  shall  thereafter  be
applicable,  as nearly as may be, in relation to any shares of stock, securities
or assets thereafter deliverable upon the exercise hereof. Except as hereinafter
provided,  the Company shall not effect any consolidation or merger unless prior
to the consummation  thereof the successor  corporation  shall assume by written
instrument  executed and mailed to the holder at its address  registered  on the
books of the  Company  the  obligation  to deliver to the holder  such shares of
stock,  securities  or assets as, in accordance  with the foregoing  provisions,
such holder may be entitled to purchase.  Notwithstanding the foregoing,  in the
event of a merger or  consolidation  in which the  Company is not the  surviving
entity,  if the  Company  concludes  that it  will  be  unable  to  satisfy  the
conditions of this paragraph  without a material  adverse effect on the terms of
such proposed  transaction,  then the Company shall have the option, prior to or
contemporaneously with the closing of such merger or consolidation,  to purchase
the Warrant  from the holder at its then fair value,  having  regard to both the
spread  between  the  Warrant  Price  and the value of the  consideration  to be
received in the transaction  and the remaining term of the Warrant.  The Company
and the holder of the  Warrant  shall  agree on such fair value or, in the event
they are unable to agree,  shall  submit the  question  of fair value to binding
arbitration before a single arbitrator sitting in New Haven, Connecticut,  under
the  commercial  rules of the  American  Arbitration  Association  (any  cost of
arbitration to be borne by the Company).

       (e)    Upon any  adjustment of the Warrant  Price,  then and in each such
case the Company shall give written notice thereof, by first class mail, postage
prepaid,  addressed to the holder of this Warrant at its address  registered  on
the books of the Company,  which notice shall state the Warrant Price  resulting
from such  adjustment and the increased or decreased,  if any,  number of shares
purchasable  at such price upon the exercise of this  Warrant,  setting forth in
reasonable  detail  the  method of  calculation  and the facts  upon  which such
calculation is based.

       (f)    This  Section  5 shall  not apply to the  issuance  of  Stock,  or
options  therefor,  (i) in the next round of financing  raised by the Company if
such equity is common stock or debt  convertible into common stock, or Preferred
Stock or debt  convertible into or with a right to buy Preferred Stock attached,
provided  however in either  case a minimum  of  $5,500,000  is raised;  (ii) to
officers or employees of, or consultants to, the Company  pursuant either to the
Company's  2000 Stock Plan,  including  amendments  thereto,  or to future stock
plans of like kind,  all such  amendments  or plans as approved by a majority of
the Board of  Directors  of the  Company  and  subject  to an  aggregate  cap of
2,700,000 shares as adjusted for splits,  combinations,  and  reclassifications,
and (iii) to officers or employees of, or consultants  to, the Company  pursuant
to any agreements for Stock heretofor granted by the Company.

       (g)    Upon each  adjustment  of the  Warrant  Price as  provided in this
Section 5, the holder of this Warrant shall  thereafter be entitled to purchase,
at the  Warrant  Price  resulting  from such  adjustment,  the  number of shares
(calculated to the nearest tenth of a share) obtained by multiplying the Warrant
Price in effect  immediately  prior to such  adjustment  by the number of shares
purchasable  pursuant hereto  immediately  prior to such adjustment and dividing
the product thereof by the Warrant Price resulting from such adjustment.

                                       6
<PAGE>

       6.     NOTICE OF REORGANIZATIONS, ETC.

       In case at any time:

       (a)    there shall be any capital reorganization,  or reclassification of
the capital stock of the Company, or consolidation or merger of the Company with
another corporation; or

       (b)    there shall be a voluntary or involuntary dissolution, liquidation
or winding  up of the  Company;  then,  in each one or more of said  cases,  the
Company  shall give at least the same  notice as is  provided  to the  Company's
shareholders,  by first class mail, postage prepaid,  addressed to the holder at
its address  registered on the books of the Company of (i) the date on which the
books of the  Company  shall  close or a record  shall be taken for  purposes of
ascertaining   which   shareholders   will   be   entitled   to   vote  on  such
reclassification,    reorganization,    consolidation,    merger,   dissolution,
liquidation  or winding  up, as the case may be; (ii) the date on which the vote
shall be taken concerning such reclassification,  reorganization, consolidation,
merger,  dissolution,  liquidation  or winding up, as the case may be; and (iii)
the date on which such reclassification,  liquidation or winding up, as the case
may be, is to be effective.  Such notice shall also specify the date as of which
the holders of Stock of record  shall be  entitled  to exchange  their Stock for
securities   or   other   property   deliverable   upon   such   reorganization,
reclassification,  consolidation,  merger, dissolution,  liquidation, or winding
up, as the case may be.

       7.     ISSUANCE OF ADDITIONAL STOCK

       The  Company  shall  give to the  holder at least  the same  notice as is
provided to the Company's  shareholders,  by first class mail,  postage prepaid,
addressed to the holder at its address  registered  on the books of the Company,
of the record  date for  determining  the  holders of Stock who shall be granted
rights  as a class to  subscribe  for or to  purchase,  or any  options  for the
purchase of,  Stock or  Convertible  Securities,  to the end that the holder may
exercise  its rights to acquire  Stock  under this  Warrant,  by  delivery of an
executed Exercise Notice in accordance with Section 3 prior to said record date,
and may thereby receive the same rights as other holders of Stock on said record
date.

       8.     INVESTMENT REPRESENTATION

       The holder by  accepting  this  Warrant  represents  that the  Warrant is
acquired  for the holder's  own account for  investment  purposes and not with a
view to any  offering  or  distribution  and  that  the  holder  has no  present
intention  of selling or otherwise  disposing  of the Warrant or the  underlying
shares of  Stock.  Upon  exercise,  the  holder  will  confirm,  in  respect  of
securities obtained upon such exercise, that it is acquiring such securities for
its own account and not with a view to any offering or distribution in violation
of applicable securities laws.

       9.     REGISTRATION RIGHTS

       In the event that the Company determines that it will file a registration
statement   under  the  Securities  Act  of  1933,  as  amended  (other  than  a
registration  statement  on a Form  S-4 or S-8 or filed  in  connection  with an
exchange  offer or an offering of securities  solely to the  Company's  existing
securities  holders) on any form that would also permit the  registration of the
Stock and

                                       7
<PAGE>

such filing is to be made on its behalf  and/or on behalf of selling  holders of
its  securities  for the general  registration  of its securities to be sold for
cash, at such time the Company will,  within forty-five (45) days following such
determination,  give to the holder  written  notice by  registered  mail of such
determination  setting forth the date on which the Company proposes to file such
registration  statement,  which date shall be no earlier  than  thirty (30) days
from the date of such  notice,  and advising the holder of his, her or its right
to have the Stock included in such registration. Upon the written request of the
holder  received by the Company no later than thirty (30) days after the date of
the Company's notice, the Company will use all reasonable efforts to cause to be
registered  under the Securities Act of 1933, as amended,  all of the Stock that
the holder has so requested to be registered.  If, in the written opinion of the
managing  underwriter  or  underwriters  (or,  in the case of a  nonunderwritten
offering,  in the written  opinion of the placement  agent, or if there is none,
the Company), the total amount of such securities to be so registered, including
the Stock, will exceed the maximum amount of the Company's  securities which can
be marketed (i) at a price reasonably  related to the then current value of such
securities;  or (ii) without  otherwise  materially and adversely  affecting the
entire  offering,  then the amount of Stock to be offered for the account of the
holder and any other person who has been granted  similar rights will be reduced
pro rata to the extent  necessary to reduce the total amount of securities to be
included in such offering to the recommended amount.

       10.    MISCELLANEOUS

       (a)    For the purposes of Section 5, the term "Stock" shall also include
any capital stock of any class of the Company  hereafter  authorized which shall
not be  limited  to a fixed sum or  percentage  in  respect of the rights of the
holders  thereof to  participate in dividends or in the  distribution  of assets
upon the voluntary or involuntary liquidation,  dissolution or winding up of the
Company.

       (b)    This Warrant  shall not entitle the holder to any voting rights or
other rights as a stockholder of the Company,  or to any other rights whatsoever
except the rights herein expressed, and no cash dividend paid out of earnings or
surplus or interest shall be payable or accrue in respect of this Warrant or the
interest  represented  hereby  or the  shares  which may be  subscribed  for any
purchased  hereunder  until and unless and except to the extent  that the rights
represented by this Warrant shall be exercised.

       (c)    This Warrant is  exchangeable,  upon the  surrender  hereof at the
office or agency of the Company,  for new Warrants of like tenor representing in
the aggregate the right to subscribe for and purchase the number of shares which
may be  subscribed  for and  purchased  hereunder,  each of such new Warrants to
represent the right to subscribe for and purchase each number of shares as shall
be designated by said holder at the time of such surrender.

       (d)    This  Warrant  and  any  terms  thereof  may be  changed,  waived,
discharged or terminated  only by an instrument in writing  signed by the holder
and the Company. This Warrant shall be construed and enforced in accordance with
and governed by the internal laws of the State of  Connecticut.  The descriptive
headings of the several sections and paragraphs in this Warrant are for purposes
of  reference  only,  and shall not limit or  otherwise  affect any of the terms
hereof. The invalidity or  unenforceability  of any provision hereof shall in no
way affect the validity or enforceability of any other provision.

                                       8
<PAGE>

       (e)    Fractional  shares  shall not be issued upon the  exercise of this
Warrant,  but in any case where the holder would,  except for the  provisions of
this Section  10(e),  be entitled under the terms hereof to receive a fractional
share upon the complete  exercise of this Warrant,  the Company shall,  upon the
exercise of this Warrant for the largest number of whole shares then called for,
cancel this Warrant and pay a sum in cash equal to the value of such  fractional
share  (determined in such reasonable  manner as may be prescribed in good faith
by the Board of Directors of the Company).

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

       10.    TRANSFER AND REGISTRATION

       (a)    If any proposed transfer,  in whole or in part, of this Warrant or
the Stock  issuable  upon exercise of this Warrant  might  reasonably  involve a
public  offering  of the same  contrary  to the  investment  representations  in
Section 8, the Company may require,  as a condition  precedent to such transfer,
an opinion of counsel,  satisfactory to it, that the proposed  transfer will not
involve  a  public  offering  which  is  required  to be  registered  under  the
Securities Act of 1933.  However,  no such  requirement  shall be imposed during
such time as a new registration statement or a post-effective  amendment thereof
covering the Stock or part thereof being  transferred  is in effect.  Subject to
the foregoing,  this Warrant and all rights hereunder is transferable,  in whole
or in part, on the books of the Company to be maintained for such purpose,  upon
surrender of this Warrant at the principal office of the Company,  together with
a written assignment of this Warrant duly executed by the holder or its agent or
attorney.

       (b)    This  Warrant  and the name and  address of the  holder  have been
registered in a Warrant  Register  that is kept at the  principal  office of the
Company,  and the Company  may treat the holder so  registered  as the  absolute
owner of this Warrant for all purposes.

                      THIS SPACE INTENTIONALLY LEFT BLANK.

                                       9
<PAGE>

       IN WITNESS  WHEREOF,  the Company has caused this Warrant to be signed by
its President as of the 31st day of March, 2003.

                                        TURBOWORX, INC.

                                        By:__________________________
                                        Name:  Jeffrey C. Augen
                                        Title: President

(SEAL)

Attest:

_____________________________________
Name:    Andrew H. Sherman
Title:   Vice President of Operations

                                       10
<PAGE>

                                 EXERCISE NOTICE

TO:  TurboWorx, Inc.

       The  undersigned  owner of the  accompanying  Warrant hereby  irrevocably
exercises the option to purchase ____________ shares of Stock in accordance with
the terms of such Warrant, directs that the shares issuable and deliverable upon
such purchase  (together with any check for a fractional  interest) be issued in
the name of and delivered to the undersigned, and makes payment in full therefor
at the Warrant Price provided in such Warrant.

COMPLETE  FOR  REGISTRATION  OF SHARES OF STOCK ON THE  STOCK  TRANSFER  RECORDS
MAINTAINED BY THE COMPANY:

________________________________________________________________
Name of Warrant Holder

________________________________________________________________
Address

________________________________________________________________
Social Security or Federal Identification Number

Signature:_______________________________

Date:____________________________________

<PAGE>

                                   ASSIGNMENT

       FOR  VALUE  RECEIVED  ___________________________________  hereby  sells,
assigns  and  transfers  all of the rights of the  undersigned  under the within
Warrant,  with respect to the number of shares of the Stock covered  thereby set
forth hereinbelow, unto

                                            Social Security
                                            or Federal                   No.
Name of                                     Identification               of
Assignee     Address                        Number                       Shares
--------     -------                        ---------------              ------

Signature:        ________________________

Address:          ________________________

                  ________________________

                  ________________________

Date:             ________________________EXHIBIT 10.11

       THE SECURITIES  EVIDENCED BY THIS  CERTIFICATE  HAVE NOT BEEN  REGISTERED
UNDER THE U.S.  SECURITIES ACT, AS AMENDED,  OR ANY OTHER APPLICABLE  SECURITIES
LAWS AND HAVE BEEN ISSUED IN RELIANCE  UPON AN EXEMPTION  FROM THE  REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND SUCH OTHER SECURITIES LAWS.  NEITHER THIS
SECURITY  NOR ANY  INTEREST  OR  PARTICIPATION  HEREIN  MAY BE  SOLD,  ASSIGNED,
TRANSFERRED,  PLEDGED,  ENCUMBERED, OR OTHERWISE DISPOSED OF, EXCEPT PURSUANT TO
AN EFFECTIVE  REGISTRATION  STATEMENT  UNDER THE SECURITIES ACT OR PURSUANT TO A
TRANSACTION THAT IS EXEMPT FROM SUCH REGISTRATION.

                             STOCK PURCHASE WARRANT

Warrant No.:  PPM-___

                 To Purchase ________ Shares of Common Stock of

                                 TURBOWORX, INC.

       THIS CERTIFIES that, for value received, _____________ (the "HOLDER"), is
entitled,  upon the terms and subject to the  limitations  on  exercise  and the
conditions hereinafter set forth in this Stock Purchase Warrant (the "WARRANT"),
at any time on or after [January/February/March __, 2005] (the "INITIAL EXERCISE
DATE") and on or prior to the close of business on the fifth  anniversary of the
Initial Exercise Date (such period referred to herein as the "EXERCISE  PERIOD")
but not  thereafter,  to subscribe  for and  purchase  from  TurboWorx,  Inc., a
corporation incorporated in the State of Delaware (the "COMPANY"),  up to ______
shares (the "WARRANT  SHARES") of Common Stock,  $.001 par value, of the Company
(the  "COMMON  STOCK").  The  purchase  price of one share of Common  Stock (the
"EXERCISE  PRICE") under this Warrant shall be $.50.  The Exercise Price and the
number of Warrant Shares for which the Warrant is  exercisable  shall be subject
to  adjustment  as provided  herein.  Capitalized  terms used and not  otherwise
defined herein shall have the meaning ascribed to such terms in the Subscription
Agreement  between the Holder and the  Company,  dated as of even date  herewith
(the "Subscription Agreement").

       1.     TITLE TO WARRANT

       Prior to the end of the Exercise  Period and subject to  compliance  with
applicable laws and Section 7 hereof,  this Warrant and all rights hereunder are
transferable, in whole or in part, at the office or agency of the Company by the
Holder in person or by duly authorized attorney,  upon surrender of this Warrant
together with the Assignment Form annexed hereto properly endorsed.

<PAGE>

       2.     AUTHORIZATION OF SHARES

       The Company  covenants  that all Warrant  Shares which may be issued upon
the exercise of the purchase  rights  represented  by this  Warrant  will,  upon
exercise of the purchase  rights  represented by this Warrant and subject to the
payment of the Exercise Price, be duly  authorized,  validly issued,  fully paid
and nonassessable  and free from all taxes,  liens and charges in respect of the
issue  thereof   (other  than  taxes  in  respect  of  any  transfer   occurring
contemporaneously with such issue).

       3.     EXERCISE OF WARRANT

              (a)    Except as  provided  in Section 4 herein,  exercise  of the
purchase  rights  represented  by this  Warrant may be made at any time or times
during the  Exercise  Period by the  surrender of this Warrant and the Notice of
Exercise  Form annexed  hereto duly  executed,  at the office of the Company (or
such  other  office or agency of the  Company as it may  designate  by notice in
writing to the registered  Holder at the address of such Holder appearing on the
books of the Company)  and upon  payment of the  Exercise  Price of the Warrants
Shares thereby purchased by wire transfer of immediately  available funds to the
Company's  bank account or cashier's  check drawn on a United  States bank,  the
Holder  shall be  entitled  to receive a  certificate  for the number of Warrant
Shares so  purchased.  Certificates  for  shares  purchased  hereunder  shall be
delivered to the Holder  within three (3) Business  Days after the date on which
this Warrant  shall have been  exercised  as  aforesaid.  This Warrant  shall be
deemed to have been  exercised and such  certificate  or  certificates  shall be
deemed to have been issued,  and Holder or any other person so  designated to be
named  therein  shall be deemed to have become a holder of record of such shares
for all purposes,  as of the date the Warrant has been exercised by surrender of
the  Warrant  and  payment to the  Company of the  Exercise  Price and all taxes
required  to be paid by the Holder,  if any,  pursuant to Section 5 prior to the
issuance of such shares,  have been paid. As used herein, a "BUSINESS DAY" shall
mean any day  other  than a day  when  commercial  banks  in New  York  City are
authorized or required by law to close.

              (b)    If this  Warrant  shall have been  exercised  in part,  the
Company  shall,  at the time of  delivery  of the  certificate  or  certificates
representing  Warrant  Shares,  deliver to Holder a new Warrant  evidencing  the
rights of Holder to purchase the  unpurchased  Warrant Shares called for by this
Warrant,  which new Warrant shall in all other  respects be identical  with this
Warrant.

       4.     NO FRACTIONAL SHARES OR SCRIP

       No fractional  shares or scrip  representing  fractional  shares shall be
issued upon the exercise of this Warrant.  As to any fraction of a share,  which
Holder would  otherwise be entitled to purchase upon such exercise,  the Company
shall pay a cash  adjustment  in respect of such final  fraction as set forth in
Section 11(h).

       5.     CHARGES, TAXES AND EXPENSES

       Issuance of certificates  for Warrant Shares shall be made without charge
to the  Holder  for any issue or  transfer  tax or other  incidental  expense in
respect of the  issuance of such  certificate,  all of which taxes and  expenses
shall be paid by the Company,  and such certificates shall be issued in the name
of the  Holder  or in such  name or  names  as may be  directed  by the  Holder;

<PAGE>

PROVIDED,  HOWEVER,  that in the event certificates for Warrant Shares are to be
issued  in a  name  other  than  the  name  of the  Holder,  this  Warrant  when
surrendered  for exercise shall be  accompanied by the Assignment  Form attached
hereto duly executed by the Holder; and the Company may require,  as a condition
thereto,  the payment of a sum  sufficient  to reimburse it for any transfer tax
incidental thereto.

       6.     CLOSING OF BOOKS

       The Company will not close its stockholder books or records in any manner
which prevents the timely exercise of this Warrant.

       7.     TRANSFER, DIVISION AND COMBINATION

              (a)    This  Warrant  may not be sold,  transferred,  assigned  or
hypothecated by the Holder except to

                     (i)    one or more  persons,  each  of whom on the  date of
                            transfer is an officer of the Holder;

                     (ii)   a general partnership or general  partnerships,  the
                            general  partners of which are the Holder and one or
                            more  persons,  each of whom on the date of transfer
                            is an officer of the Holder;

                     (iii)  a   successor   to  the  Holder  in  any  merger  or
                            consolidation;

                     (iv)   a  purchaser  of  all  or  substantially  all of the
                            Holder's assets;

                     (v)    any person  receiving  this Warrant from one or more
                            of the persons  listed in this  Section 7(a) at such
                            person's death  pursuant to will,  trust or the laws
                            of intestate succession, or

                     (vi)   if otherwise in compliance  with applicable Rule 144
                            and other  securities  laws, after one year from the
                            date of  this  Warrant,  any  person  receiving  the
                            Warrant  from the  persons  listed  in this  Section
                            7(a).

Subject to compliance  with any  applicable  securities  laws and Section 19(e),
transfer of this Warrant and all rights hereunder, in whole or in part, shall be
registered on the books of the Company to be maintained  for such purpose,  upon
surrender of this Warrant at the principal office of the Company,  together with
a written  assignment of this Warrant  substantially in the form attached hereto
duly executed by the Holder or its agent or attorney and funds sufficient to pay
any transfer taxes payable upon the making of such transfer. Upon such surrender
and, if required,  such  payment,  the Company  shall  execute and deliver a new
Warrant  or  Warrants  in the  name  of the  assignee  or  assignees  and in the
denomination or  denominations  specified in such instrument of assignment,  and
shall issue to the assignor a new Warrant evidencing the portion of this Warrant
not so assigned,  and this Warrant shall  promptly be cancelled.  A Warrant,  if

<PAGE>

properly assigned,  may be exercised by a new holder for the purchase of Warrant
Shares  without  having a new Warrant  issued.  Notwithstanding  the above,  the
Holder shall not transfer this Warrant or any rights  hereunder to any person or
entity which is then engaged in a business that is, in the reasonable  judgement
of the Company, in direct competition with the Company.

              (b)    This Warrant may be divided or combined with other Warrants
upon presentation hereof at the aforesaid office of the Company, together with a
written notice  specifying the names and denominations in which new Warrants are
to be  issued,  signed  by the  Holder  or its  agent or  attorney.  Subject  to
compliance  with Section 7(a), as to any transfer  which may be involved in such
division or combination,  the Company shall execute and deliver a new Warrant or
Warrants  in  exchange  for the Warrant or Warrants to be divided or combined in
accordance with such notice.

              (c)    The  Company  shall  prepare,  issue and deliver at its own
expense  (other than  transfer  taxes) the new  Warrant or  Warrants  under this
Section 7.

              (d)    The Company  agrees to maintain,  at its aforesaid  office,
books for the registration and the registration of transfer of the Warrants.

       8.     NO RIGHTS AS SHAREHOLDER UNTIL EXERCISE

       This  Warrant  does not entitle the Holder to any voting  rights or other
rights as a shareholder  of the Company prior to the exercise  hereof.  Upon the
surrender of this Warrant and the payment of the aggregate  Exercise Price,  the
Warrant  Shares so purchased  shall be and be deemed to be issued to such Holder
as the record  owner of such  shares as of the close of business on the later of
the date of such surrender or payment.

       9.     LOSS, THEFT, DESTRUCTION OR MUTILATION OF WARRANT

       The  Company  covenants  that upon  receipt by the  Company  of  evidence
reasonably  satisfactory to it of the loss, theft,  destruction or mutilation of
this Warrant or any stock  certificate  relating to the Warrant  Shares,  and in
case of  loss,  theft  or  destruction,  of  indemnity  or  security  reasonably
satisfactory  to it (which shall not include the posting of any bond),  and upon
surrender and cancellation of such Warrant or stock  certificate,  if mutilated,
the Company  will make and deliver a new  Warrant or stock  certificate  of like
tenor  and  dated  as of such  cancellation,  in lieu of such  Warrant  or stock
certificate.

       10.    SATURDAYS, SUNDAYS, HOLIDAYS, ETC.

       If the  last or  appointed  day  for  the  taking  of any  action  or the
expiration of any right required or granted  herein shall be a Saturday,  Sunday
or a legal holiday, then such action may be taken or such right may be exercised
on the next succeeding day not a Saturday, Sunday or legal holiday.

<PAGE>

       11.    ADJUSTMENTS OF EXERCISE PRICE AND NUMBER OF SHARES.

       (a)    COMPUTATION OF ADJUSTED PRICE. (1) Except as hereinafter provided,
in case the Company shall at any time during the three (3) year period after the
date hereof issue or sell any shares of Common Stock (other than the issuance or
sales  referred  to in Section  (11)(f)  hereof),  including  shares held in the
Company's  treasury  and shares of Common  Stock issued upon the exercise of any
warrants,  rights or options to subscribe for shares of Common Stock (other than
the issuances or sales of Common Stock  pursuant to rights to subscribe for such
Common Stock  distributed to all the  shareholders of the Company and Holders of
Warrants)  and  shares of  Common  Stock  issued  upon the  direct  or  indirect
conversion  or  exchange  of  securities  for  shares  of  Common  Stock,  for a
consideration  per share less than the  Exercise  Price or for no  consideration
(such lower price,  the "BASE SHARE PRICE" and such  issuances  collectively,  a
"DILUTIVE ISSUANCE"), then, the Exercise Price shall be reduced to a price equal
to the Base Share Price.  Such adjustment  shall be made whenever such shares of
Common Stock or Common Stock Equivalents are issued.

              In addition to the foregoing,  except as hereinafter  provided, in
case the Company  shall at any time  following  the three (3) year period during
the  remainder of the Exercise  Period  following the third  anniversary  of the
Initial  Exercise  Date issue or sell any shares of Common Stock (other than the
issuance or sales referred to in Section (11)(f) hereof),  including shares held
in the Company's treasury and shares of Common Stock issued upon the exercise of
any  warrants,  rights or options to subscribe for shares of Common Stock (other
than the issuances or sales of Common Stock  pursuant to rights to subscribe for
such Common Stock distributed to all the shareholders of the Company and Holders
of  Warrants)  and shares of Common  Stock  issued  upon the direct or  indirect
conversion  or  exchange  of  securities  for  shares  of  Common  Stock,  for a
consideration per share less than the Exercise Price in effect immediately prior
to the issuance or sale of such shares or without consideration,  then forthwith
upon such  issuance or sale,  the  Exercise  Price  shall  (until  another  such
issuance or sale) be reduced to the price  (calculated to the nearest full cent)
equal to the quotient  derived by dividing (A) an amount equal to the sum of (X)
the  product  of (a) the total  number of  shares  of Common  Stock  outstanding
immediately prior to such issuance or sale, multiplied by (b) the Exercise Price
in effect  immediately prior to such issuance or sale plus, (Y) the aggregate of
the amount of all  consideration,  if any,  received  by the  Company  upon such
issuance or sale, by (B) the total number of shares of Common Stock  outstanding
immediately  after such issuance or sale;  provided,  however,  that in no event
shall the Exercise Price be adjusted  pursuant to this  computation to an amount
in excess of the Exercise Price in effect immediately prior to such computation,
except in the case of a combination  of outstanding  shares of Common Stock,  as
provided by Section (11)(c) hereof.

              (2)    For  the  purposes  of  any   computation  to  be  made  in
accordance  with  this  Section  (11)(a),  the  following  provisions  shall  be
applicable:

              (i)    In case of the  issuance or sale of shares of Common  Stock
       for a consideration part or all of which shall be cash, the amount of the
       cash  consideration  therefor  shall be deemed  to be the  amount of cash
       received by the  Company  for such shares (or, if shares of Common  Stock
       are offered by the Company for subscription,  the subscription price, or,
       if such  securities  shall be sold to  underwriters or dealers for public
       offering  without a subscription  offering,  the public  offering  price)
       before deducting

<PAGE>

       therefrom  any  compensation  paid  or  discount  allowed  in  the  sale,
       underwriting  or purchase  thereof by  underwriters  or dealers or others
       performing  similar  services,  or any  expenses  incurred in  connection
       therewith.

              (ii)   In  case  of the  issuance  or  sale  (otherwise  than as a
       dividend or other  distribution on any stock of the Company) of shares of
       Common Stock for a consideration part or all of which shall be other than
       cash, the amount of the  consideration  therefor other than cash shall be
       deemed to be the value of such  consideration as determined in good faith
       by the Board of Directors of the Company.

              (iii)  Shares of Common Stock issuable by way of dividend or other
       distribution  on any  stock of the  Company  shall be deemed to have been
       issued immediately after the opening of business on the day following the
       record date for the  determination  of  shareholders  entitled to receive
       such  dividend  or other  distribution  and  shall be deemed to have been
       issued without consideration.

              (iv)   The  reclassification  of  securities  of the Company other
       than shares of Common Stock into  securities  including  shares of Common
       Stock  shall be deemed to involve  the  issuance of such shares of Common
       Stock for a consideration  other than cash immediately prior to the close
       of business on the date fixed for the  determination  of  securityholders
       entitled  to  receive  such  shares,  and the value of the  consideration
       allocable to such shares of Common Stock shall be  determined as provided
       in subsection (ii) of this Section (11)(a).

              (v)    The  number  of  shares  of  Common  Stock  at any one time
       outstanding  shall  include  the  aggregate  number of  shares  issued or
       issuable  upon the  exercise of  warrants,  rights,  options and upon the
       conversion or exchange of convertible or exchangeable securities.

       (b)    WARRANTS,   RIGHTS,   OPTIONS  AND  CONVERTIBLE  AND  EXCHANGEABLE
SECURITIES.  Except in the case of the Company  issuing  rights to subscribe for
shares of Common Stock  distributed to all the  shareholders  of the Company and
Holders of  Warrants,  if the Company  shall,  at any time after the date hereof
issue  warrants,  rights or options to subscribe for shares of Common Stock,  or
issue any securities convertible into or exchangeable for shares of Common Stock
(i) for a  consideration  per share less than (a) the  Exercise  Price in effect
immediately prior to the issuance of such warrants,  rights or options,  or such
convertible  or  exchangeable  securities  or (ii)  without  consideration,  the
Exercise  Price in effect  immediately  prior to the issuance of such  warrants,
rights or options, or such convertible or exchangeable  securities,  as the case
may be,  shall be  reduced  to a price  determined  by making a  computation  in
accordance with the provisions of Section (11)(a) hereof, provided that:

                     (1)    The  aggregate  maximum  number  of shares of Common
Stock as the case may be, issuable under all the outstanding warrants, rights or
options  shall be  deemed  to be  issued  and  outstanding  at the time all such
outstanding  warrants,  rights or options were issued,  and for a  consideration
equal to the minimum exercise price per share provided for in the

<PAGE>

warrants,  rights or options  at the time of  issuance,  plus the  consideration
(determined in the same manner as consideration received on the issue or sale of
shares in accordance  with the terms of such  warrants,  rights or options),  if
any,  received by the Company for such  warrants,  rights or options,  and if no
minimum exercise price is provided in the warrants,  rights or options, then the
consideration  shall  be  equal  to  zero;  provided,  however,  that  upon  the
expiration or other  termination  of such  warrants,  rights or options,  if any
thereof  shall not have been  exercised,  the  number of shares of Common  Stock
deemed to be issued and  outstanding  pursuant to this  subsection  (A) shall be
reduced by such number of shares as to which  warrants,  warrants and/or options
shall have expired or terminated unexercised, and such number of shares shall no
longer be deemed to be issued and  outstanding,  and the Exercise  Price then in
effect shall  forthwith be readjusted and thereafter be the price which it would
have been had  adjustment  been made on the basis of the issuance only of shares
actually  issued or  issuable  upon the  exercise of those  warrants,  rights or
options as to which the exercise  rights  shall not have  expired or  terminated
unexercised.

                     (2)    The  aggregate  maximum  number  of shares of Common
Stock issuable upon  conversion or exchange of any  convertible or  exchangeable
securities  shall be deemed to be issued and outstanding at the time of issuance
of  such  securities,  and  for  a  consideration  equal  to  the  consideration
(determined in the same manner as consideration received on the issue or sale of
shares of Common  Stock in  accordance  with the  terms of such  convertible  or
exchangeable  securities) received by the Company for such securities,  plus the
minimum consideration,  if any, receivable by the Company upon the conversion or
exchange thereof; provided,  however, that upon the expiration or termination of
the right to convert or exchange such  convertible  or  exchangeable  securities
(whether by reason of redemption or  otherwise),  the number of shares deemed to
be issued and  outstanding  pursuant to this  subsection (B) shall be reduced by
such number of shares as to which the  conversion or exchange  rights shall have
expired or terminated unexercised,  and such number of shares shall no longer be
deemed to be issued and  outstanding and the Exercise Price then in effect shall
forthwith be readjusted and thereafter be the price which it would have been had
adjustment  been made on the basis of the issuance  only of the shares  actually
issued or issuable  upon the  conversion  or exchange  of those  convertible  or
exchangeable  securities as to which the conversion or exchange rights shall not
have expired or terminated unexercised.

                     (3)    If any  change  shall  occur in the  price per share
provided for in any of the warrants, rights or options referred to in subsection
(A) of this Section  (11)(b),  or in the price per share at which the securities
referred  to in  subsection  (B) of this  Section  (11)(b)  are  convertible  or
exchangeable,  the warrants, rights or options or conversion or exchange rights,
as the case may be,  shall be deemed to have expired or  terminated  on the date
when such price change  became  effective  in respect of shares not  theretofore
issued pursuant to the exercise conversion or exchange thereof,  and the Company
shall be deemed to have issued upon such date new warrants, rights or options or
convertible or exchangeable securities at the new price in respect of the number
of shares issuable upon the exercise of such warrants,  rights or options or the
conversion or exchange of such convertible or exchangeable securities.

<PAGE>

       (c)    SUBDIVISION AND COMBINATION. In case the Company shall at any time
subdivide  the  outstanding  shares of Common  Stock,  the Exercise  Price shall
forthwith be proportionately increased or decreased.

       (d)    ADJUSTMENT  IN  NUMBER OF  SHARES.  Upon  each  adjustment  of the
Exercise  Price  pursuant to the  provisions of this Section (11), the number of
Shares  issuable  upon the  exercise  of each  Warrant  shall be adjusted to the
nearest full Share by multiplying a number equal to the Exercise Price in effect
immediately  prior to such  adjustment  by the  number of Shares  issuable  upon
exercise of the Warrants  immediately  prior to such adjustment and dividing the
product so obtained by the adjusted Exercise Price.

       (e)    RECLASSIFICATION.  CONSOLIDATION,  MERGER,  ETC.  In  case  of any
reclassification or change of the outstanding shares of Common Stock (other than
a change in 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 the case of any  consolidation
of the Company with, or merger of the Company into,  another  corporation (other
than a consolidation or merger in which the Company is the surviving corporation
and which does not result in any  reclassification  or change of the outstanding
shares  of  Common  Stock,  except a  change  as a result  of a  subdivision  or
combination of such shares or a change in par value,  as  aforesaid),  or in the
case of a sale or conveyance to another corporation of all or a substantial part
of the property of the Company,  the Holder shall  thereafter  have the right to
purchase  the kind and  number  of shares  of stock  and  other  securities  and
property receivable upon such reclassification,  change, consolidation,  merger,
sale or conveyance as if the Holder were the owner of the shares of Common Stock
underlying the Warrants immediately prior to any such events at a price equal to
the product of (x) the number of shares  issuable  upon exercise of the Warrants
and (y) the Exercise  Price in effect  immediately  prior to the record date for
such reclassification,  change, consolidation,  merger, sale or conveyance as if
such  Holder  had  exercised  the  Warrants;  provided,  however,  that  nothing
contained herein shall cause the number of shares issuable upon exercise of this
Warrant to be  decreased in the event of a  combination  of shares upon any such
reclassification, change, consolidation, merger, sale or conveyance.

<PAGE>

       (f)    ADJUSTMENT OF EXERCISE  PRICE IN CERTAIN  CASES.  No adjustment of
the  Exercise  Price shall be made:  (i) upon the grant of  restricted  stock to
officers or  directors  made with the approval of the Board of  Directors;  (ii)
upon the grant of options,  or the sale of shares  pursuant  to the  exercise of
such options, under the Company's current or future option plans for the benefit
of officers,  directors,  employees, and consultants; or (iii) upon the purchase
of shares of Common Stock  pursuant to warrants or rights granted by the Company
prior to the issuance of this Warrant.

       (g)    DIVIDENDS  AND OTHER  DISTRIBUTIONS  WITH  RESPECT TO  OUTSTANDING
SECURITIES.  In the  event  that the  Company  shall  at any  time  prior to the
exercise of all Warrants  declare a dividend  (other than a dividend  consisting
solely of shares of Common Stock or a cash dividend or distribution  payable out
of current or retained earnings) or otherwise distribute to its shareholders any
monies, assets, property,  rights, evidences of indebtedness,  securities (other
than shares of Common Stock), whether issued by the Company or by another person
or entity, or any other thing of value, the Holder or Holders of the unexercised
Warrants shall thereafter be entitled, in addition to the shares of Common Stock
or other securities  receivable upon the exercise thereof, to receive,  upon the
exercise of such Warrants, the same monies, property,  assets, rights, evidences
of  indebtedness,  securities  or any other  thing of value that they would have
been  entitled to receive at the time of such dividend or  distribution.  At the
time of any such dividend or  distribution,  the Company shall make  appropriate
reserves to ensure the timely  performance of the provisions of this  Subsection
(11)(g).

       (h)    FRACTIONAL  SHARES. As to any fraction of a share which the holder
of this Warrant would be entitled to purchase upon exercise of this Warrant, the
Company shall pay, in lieu of such fractional interest,  an amount in cash equal
to the  current  market  value  of  such  fractional  interest,  to the  nearest
one-hundredth of a share computed on the basis of the Market Price, as set forth
below.  The Holder,  by his  acceptance  hereof,  expressly  waives any right to
receive any  fractional  share of stock or  fractional  Warrant upon exercise of
this Warrant.

       As used herein,  the phrase "Market Price" at any date shall be deemed to
be the average of the last  reported  sale prices for the last three (3) trading
days prior to such date, in either case as officially  reported by the principal
securities  exchange on which the Common  Stock is listed or admitted to trading
or as reported in NASDAQ,  or, if the Common  Stock is not listed or admitted to
trading on any national  securities exchange or quoted on NASDAQ, the average of
the closing bid prices for the last three (3) trading days prior to such date as
furnished by the National  Association  of  Securities  Dealers,  Inc.,  through
NASDAQ  or  similar   organization  if  NASDAQ  is  no  longer   reporting  such
information,  or if the Common Stock is not quoted on NASDAQ,  as  determined in
good faith by resolution of the Board of Directors of the Company,  based on the
best information available to it.

       (i)    WARRANT  CERTIFICATE AFTER ADJUSTMENT.  Irrespective of any change
pursuant to this Section (11) in the  Exercise  Price or in the number,  kind or
class of shares or other  securities or other property  obtainable upon exercise
of this Warrant,  this Warrant may continue to express as the Exercise Price and
as the number of shares  obtainable upon exercise,  the same price and number of
shares as are stated herein.

<PAGE>

       (j)    STATEMENT OF  CALCULATION.  Whenever  the Exercise  Price shall be
adjusted  pursuant to the  provisions  of this Section  (11),  the Company shall
forthwith  file at its  principal  office,  a statement  signed by an  executive
officer of the Company  specifying  the adjusted  Exercise  Price  determined as
above  provided in such  section and a  certificate  of the  independent  public
accountants  regularly  retained by the Company.  Such  statement  shall show in
reasonable  detail the method of  calculation  of such  adjustment and the facts
requiring the  adjustment and upon which the  calculation is based.  The Company
shall forthwith  cause a notice setting forth the adjusted  Exercise Price to be
sent by certified  mail,  return  receipt  requested,  postage  prepaid,  to the
Holder.

       12.    DEFINITION OF "COMMON STOCK". For the purpose of this Warrant, the
term "Common Stock" shall mean, in addition to the class of stock  designated as
the Common Stock, no par value, of the Company on the date hereof,  any class of
stock resulting from successive changes or reclassifications of the Common Stock
consisting solely of changes in par value, or from par value to no par value, or
from no par value to par  value.  If at any time,  as a result of an  adjustment
made  pursuant to one or more of the  provisions  of Section  (11)  hereof,  the
shares of stock or other securities or property obtainable upon exercise of this
Warrant  shall  include  securities  of the Company  other than shares of Common
Stock or securities of another  corporation,  then thereafter the amount of such
other  securities so obtainable shall be subject to adjustment from time to time
in a manner and upon terms as nearly equivalent as practicable to the provisions
with  respect to Common  Stock  contained  in Section  (11) hereof and all other
provisions  of this  Warrant  with  respect to common  Stock shall apply on like
terms to any such other shares or other securities.

       13.    REDEMPTION.  This Warrant, or part thereof, (as described below in
this Section 13) may be redeemed at the option of the  Company,  at a redemption
price of $0.01 per Warrant, provided that the following terms and conditions are
met. In the event that the shares of Common Stock  issuable upon exercise of the
Warrant are registered with the SEC for resale to the public, the Company may at
its option call for the redemption the then outstanding  Warrants, on a pro rata
basis, in the event that the fifteen (15) day volume  weighted  average price of
the Common Stock is at or above  $10.00 per share.  The Number of Warrants to be
redeemed shall be pro rata among each holder of the then outstanding Warrants.

       Notice of  redemption  shall be given not later  than the  thirtieth  day
before  the  date  fixed  for  redemption.  On and  after  the  date  fixed  for
redemption,  the  registered  Holder  shall have no rights with  respect to this
Warrant  except  to  receive  the  redemption  price of $0.01 per  Warrant  upon
surrender.

       14.    VOLUNTARY ADJUSTMENT BY THE COMPANY

       The Company may at any time during the  Exercise  Period  reduce the then
current  Exercise  Price  to any  amount  and for  any  period  of  time  deemed
appropriate by the Board of Directors of the Company.

                                       2
<PAGE>

       15.    NOTICE OF ADJUSTMENT

       Whenever the number of Warrant  Shares or number or kind of securities or
other  property  purchasable  upon the  exercise of this Warrant or the Exercise
Price is  adjusted,  as herein  provided,  the Company  shall  promptly  mail by
registered or certified mail, return receipt requested,  to the Holder notice of
such  adjustment or adjustments  setting forth the number of Warrant Shares (and
other securities or property)  purchasable upon the exercise of this Warrant and
the Exercise  Price of such Warrant  Shares (and other  securities  or property)
after such  adjustment,  setting forth a brief  statement of the facts requiring
such  adjustment and setting forth the  computation by which such adjustment was
made.  Such  notice,  in the  absence of  manifest  error,  shall be  conclusive
evidence of the correctness of such adjustment.

       16.    NOTICE OF CORPORATE ACTION

       If at any time:

              (a)    the  Company  shall  take a record  of the  holders  of its
Common  Stock for the purpose of  entitling  them to receive a dividend or other
distribution,  or any right to subscribe  for or purchase  any  evidences of its
indebtedness,  any  shares  of stock of any  class or any  other  securities  or
property, or to receive any other right; or

              (b)    there shall be any capital  reorganization  of the Company,
any  reclassification or recapitalization of the capital stock of the Company or
any consolidation or merger of the Company with, or any sale,  transfer or other
disposition of all or substantially all the property,  assets or business of the
Company to, another corporation or,

              (c)    there  shall be a  voluntary  or  involuntary  dissolution,
liquidation or winding up of the Company;

then, in any one or more of such cases, the Company shall give to Holder:

                     (i)    at least 20 days' prior  written  notice of the date
                            on which a record  date shall be  selected  for such
                            dividend,  distribution  or right or for determining
                            rights   to   vote   in    respect   of   any   such
                            reorganization,       reclassification,      merger,
                            consolidation,    sale,    transfer,    disposition,
                            liquidation or winding up, and

                     (ii)   in   the   case   of   any   such    reorganization,
                            reclassification,   merger,   consolidation,   sale,
                            transfer, disposition,  dissolution,  liquidation or
                            winding up, at least 20 days' prior  written  notice
                            of the date when the same  shall  take  place.  Such
                            notice in accordance with the foregoing  clause also
                            shall specify

                            (A)    the date on which  any such  record  is to be
                                   taken  for  the  purpose  of  such  dividend,
                                   distribution or right,  the date on which the
                                   holders of Common  Stock shall be entitled to
                                   any such dividend, distribution or right, and
                                   the amount and character thereof, and

                                       3
<PAGE>

                            (B)    the  date on which  any such  reorganization,
                                   reclassification,    merger,   consolidation,
                                   sale,  transfer,  disposition,   dissolution,
                                   liquidation  or  winding  up is to take place
                                   and  the  time,  if any  such  time  is to be
                                   fixed,  as of which  the  holders  of  Common
                                   Stock shall be  entitled  to  exchange  their
                                   Warrant   Shares  for   securities  or  other
                                   property  deliverable upon such  disposition,
                                   dissolution,  liquidation or winding up. Each
                                   such  written  notice  shall be  sufficiently
                                   given  if  addressed  to  Holder  at the last
                                   address of Holder  appearing  on the books of
                                   the Company and delivered in accordance  with
                                   Section 19(c).

       17.    AUTHORIZED SHARES

       The Company  covenants that during the period the Warrant is outstanding,
it will  reserve  from its  authorized  and  unissued  Common Stock a sufficient
number of shares to provide  for the  issuance  of the  Warrant  Shares upon the
exercise  of any  purchase  rights  under  this  Warrant.  The  Company  further
covenants that its issuance of this Warrant shall  constitute  full authority to
its officers who are charged with the duty of executing  stock  certificates  to
execute and issue the  necessary  certificates  for the Warrant  Shares upon the
exercise of the purchase  rights under this  Warrant.  The Company will take all
such  reasonable  action as may be necessary to assure that such Warrant  Shares
may be issued as provided  herein  without  violation of any  applicable  law or
regulation, or of any requirements of the Principal Market upon which the Common
Stock may be listed.

       The Company will

              (a)    not increase the par value of any Warrant  Shares above the
amount payable therefor upon such exercise immediately prior to such increase in
par value;

              (b)    take all such action as may be necessary or  appropriate in
order  that  the  Company   may  validly  and  legally   issue  fully  paid  and
nonassessable Warrant Shares upon the exercise of this Warrant; and

              (c)    use  commercially  reasonable  efforts  to obtain  all such
authorizations,  exemptions or consents from any public  regulatory  body having
jurisdiction  thereof as may be  necessary  to enable the Company to perform its
obligations under this Warrant.

       Before  taking any action  which  would  result in an  adjustment  in the
number of  Warrant  Shares  for which  this  Warrant  is  exercisable  or in the
Exercise Price, the Company shall obtain all such  authorizations  or exemptions
thereof,  or consents  thereto,  as may be necessary from any public  regulatory
body or bodies having jurisdiction thereof.

                                       4
<PAGE>

       18.    REGISTRATION RIGHTS

       The Holder will be entitled to the  registration  rights set forth in the
Subscription Agreement.

       19.    MISCELLANEOUS

              (a)    JURISDICTION.  This  Warrant  shall  constitute  a contract
under the laws of New York without regard to its conflict of law,  principles or
rules.

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

              (c)    NOTICES.   All  notices,   demands,   requests,   consents,
approvals,  and other communications required or permitted hereunder shall be in
writing and, unless otherwise specified herein, shall be

                     (i)    hand delivered; or

                     (ii)   deposited  in the  mail,  registered  or  certified,
                            return receipt requested, postage prepaid; or

                     (iii)  delivered  by  reputable  air courier  service  with
                            charges prepaid; or

                     (iv)   transmitted  by  facsimile,  addressed  as set forth
                            below or to such other  address as such party  shall
                            have specified most recently by written notice.

                     Any notice or other communication  required or permitted to
be given hereunder shall be deemed effective

                     (i)    upon hand  delivery or delivery by  facsimile,  with
                            accurate confirmation  generated by the transmitting
                            facsimile   machine,   at  the   address  or  number
                            designated  below (if  delivered  on a business  day
                            during normal business hours where such notice is to
                            be  received),  or the first  business day following
                            such delivery (if delivered other than on a business
                            day during normal  business  hours where such notice
                            is to be received) or

                     (ii)   on the  first  business  day  following  the date of
                            sending by reputable courier service, fully prepaid,
                            addressed to such address, or

                     (iii)  upon actual receipt of such mailing,  if mailed. The
                            addresses  for  such  communications  shall  be with
                            respect to the Holder

                                       5
<PAGE>

                            of this Warrant or of Warrant Shares issued pursuant
                            thereto,  addressed to such Holder at its last known
                            address or facsimile  number  appearing on the books
                            of the Company maintained for such purposes, or with
                            respect to the Company,  to the address  provided on
                            the signature page hereof. Any party hereto may from
                            time to time  change  its  address  for  notices  by
                            giving at least ten (10) days written notice of such
                            changed address to the other party hereto.

              (d)    LIMITATION  OF  LIABILITY.  No  provision  hereof,  in  the
absence of  affirmative  action by Holder to  purchase  Warrant  Shares,  and no
enumeration herein of the rights or privileges of Holder, shall give rise to any
liability  of  Holder  for  the  purchase  price  of any  Common  Stock  or as a
stockholder of the Company, whether such liability is asserted by the Company or
by creditors of the Company.

              (e)    SUCCESSORS  AND ASSIGNS.  Subject to applicable  securities
laws, this Warrant and the rights and obligations  evidenced  hereby shall inure
to the  benefit of and be binding  upon the  successors  of the  Company and the
successors and permitted  assigns of Holder.  The provisions of this Warrant are
intended to be for the benefit of all Holders  from time to time of this Warrant
and shall be enforceable by any such Holder or holder of Warrant Shares.

              (f)    AMENDMENT.  This  Warrant may be modified or amended or the
provisions hereof waived with the written consent of the Company and the Holder.

              (g)    SEVERABILITY.  Wherever  possible,  each  provision of this
Warrant shall be  interpreted  in such manner as to be effective and valid under
applicable  law, but if any  provision of this Warrant shall be prohibited by or
invalid under  applicable law, such provision shall be ineffective to the extent
of such  prohibition or invalidity,  without  invalidating the remainder of such
provisions or the remaining provisions of this Warrant.

              (h)    HEADINGS.  The  headings  used in this  Warrant are for the
convenience of reference  only and shall not, for any purpose,  be deemed a part
of this Warrant.

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

                                       6
<PAGE>

       IN WITNESS WHEREOF, the Company has caused this Warrant to be executed by
its officer thereunto duly authorized.

       Dated: December __, 2004

                                        TURBOWORX, INC.

                                        By:  ___________________________
                                        Name:  Jeffrey Augen
                                        Title: Chief Executive Officer

                                        [NAME OF WARRANT HOLDER]

                                        By:  ___________________________
                                        Name:
                                        Title:

                                       7
<PAGE>

                               NOTICE OF EXERCISE

To:    TurboWorx, Inc.

       (1)    The undersigned  hereby elects to purchase ________ Warrant Shares
(the "Common Stock"),  of TurboWorx,  Inc. pursuant to the terms of the attached
Warrant,  and tenders herewith  payment of the exercise price in full,  together
with all applicable transfer taxes, if any.

       (2)    Please  issue a  certificate  or  certificates  representing  said
Warrant  Shares  in the  name of the  undersigned  or in such  other  name as is
specified below:

         _______________________________

         The Warrant Shares shall be delivered to the following:

         _______________________________

         _______________________________

         _______________________________

                                        [PURCHASER]

                                        By: __________________________________
                                              Name:
                                              Title:

                                        Dated:  ______________________________

<PAGE>

                                 ASSIGNMENT FORM

                    (To assign the foregoing warrant, execute
                   this form and supply required information.
                 Do not use this form to exercise the warrant.)

       FOR VALUE  RECEIVED,  the  foregoing  Warrant  and all  rights  evidenced
thereby are hereby assigned to

       _______________________________________________________  whose address is

_______________________________________________________________.

       Dated:  ______________, _______

                               Holder's Signature: _____________________________

                                  Holder's Address:_____________________________

                                                   _____________________________

Signature Guaranteed:  ___________________________________________

NOTE: The signature to this  Assignment Form must correspond with the name as it
appears on the face of the Warrant,  without  alteration or  enlargement  or any
change whatsoever,  and must be guaranteed by a bank or trust company.  Officers
of  corporations  and  those  acting  in an  fiduciary  or other  representative
capacity  should  file  proper  evidence of  authority  to assign the  foregoing
Warrant.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00085-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00085-of-00352.parquet"}]]