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                                                                   EXHIBIT 4.9

NEITHER THIS WARRANT NOR THE SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY APPLICABLE
STATE SECURITIES LAWS.

THIS WARRANT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED AND THE
SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT CANNOT BE SOLD OR TRANSFERRED IN
THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT TO THE WARRANT OR
STOCK UNDER SUCH ACT AND APPLICABLE LAWS OR SOME OTHER EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF SUCH ACT AND APPLICABLE LAWS OR AN OPINION OF
COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT
REQUIRED.

                                     WARRANT
       TO PURCHASE COMMON STOCK OR PURCHASE SERIES B CONVERTIBLE PREFERRED
                          STOCK, AS SET FORTH BELOW, OF

               WORLD COMMERCE ONLINE, INC., A DELAWARE CORPORATION

            EXPIRING AT THE END OF THE OPTION PERIOD (DEFINED BELOW)

         This Is To Certify That Interprise Technology Partners, L.P.
("INTERPRISE" or the "HOLDER") or registered assigns, is entitled to purchase
from World Commerce Online, Inc., a Delaware corporation (the "Company"), at any
time until 5 P.M. Eastern Time, on October 31, 2004 (the "OPTION PERIOD") but
not thereafter, at an exercise price per share as set forth below, 110,000 fully
paid and non-assessable shares of Series B Convertible Preferred Stock, par
value $.001, with the rights and privileges as set forth in Exhibit A attached
hereto ("SERIES B PREFERRED STOCK") (the shares issuable pursuant to this
warrant are referred to as "WARRANT SHARES"), as set forth below, subject to
adjustment as hereinafter provided.

         ss.1.      EXERCISE OF WARRAnt.

         (a) EXERCISE BY PAYMENT. To exercise this Warrant in whole or in part,
the holder hereof shall deliver to the Company at its principal office in
Orlando, Florida, (a) a written notice, in substantially the form of the
Subscription Notice appearing at the end of this Warrant, of such holder's
election to exercise this Warrant, which notice shall specify the number of
Warrant Shares to be purchased, (b) a certified check drawn on, or official bank
check, payable to the Company in an amount equal to the multiple of the Exercise

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Price (as adjusted) and the number of Warrant Shares being purchased, and (c)
this Warrant. The Company shall as promptly as practicable, and in any event
within 20 days thereafter, execute and deliver or cause to be executed and
delivered, in accordance with such notice, a certificate or certificates
representing the aggregate number of Warrant Shares specified in such notice.
The stock certificate or certificates so delivered shall be in the denomination
of 100 shares each or such lesser or greater denomination as may be specified in
such notice and shall be issued in the name of such holder or such other name as
shall be designated in such notice. Such certificate or certificates shall be
deemed to have been issued and such holder or any other person so designated to
be named therein shall be deemed for all purposes to have become a holder of
record of such Warrant Shares as of the date such notice is received by the
Company as aforesaid. If this Warrant shall have been exercised only in part,
the Company shall, at the time of delivery of said certificate or certificates,
deliver to such holder a new Warrant evidencing the rights of such holder to
purchase the remaining shares of Common Stock called for by this Warrant, which
new Warrant shall in all other respects be identical to this Warrant, or, at the
request of such holder, appropriate notation may be made on this Warrant and the
same returned to such holder. The Company shall pay all expenses, taxes and
other charges payable in connection with the preparation, issue and delivery of
such stock certificates and new Warrants, except that, in case such stock
certificates or new Warrants shall be registered in a name or names other than
the name of the holder of this Warrant, funds sufficient to pay all stock
transfer taxes that are payable upon the issuance of such stock certificate or
certificates or new Warrants shall be paid by the holder hereof at the time of
delivering the notice of exercise mentioned above.

         (b) EXERCISE ON NET ISSUANCE BASIS. At any time, in lieu of payment to
the Company as set forth in SECTION 1(A) above, the holder hereof may convert
this Warrant, in whole or in part, into the number of shares of stock determined
by dividing (i) the aggregate Fair Market Value of the shares of Common Stock
issuable upon the proposed exercise of this Warrant (on an as converted basis)
minus the aggregate Exercise Price of such the proposed exercise of this Warrant
by (ii) the Fair Market Value of one share of Common Stock. "FAIR MARKET Value"
shall mean the average of the closing prices of the Common Stock reported for
the five business days immediately before the holder hereof delivers its Notice
of Exercise to the Company, or if there have been no sales on any such business
day, the average of the highest bid and lowest asked prices at the end of such
business day.

         (c) VALID ISSUANCE. All shares of stock issued upon the exercise of
this Warrant shall be validly issued, fully paid and nonassessable and, if the
class or series of Warrant Shares is then listed on a national securities
exchange, shall be duly listed thereon.

         (d) EXERCISE PRICE. The exercise price per Warrant Share (the "EXERCISE
PRICE") shall be $4.00 (Four U.S. Dollars), subject to adjustment as set forth
in Section 7 below.

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         (e) FRACTIONAL SHARES. The Company shall not be required upon any
exercise of this Warrant to issue a certificate representing any fraction of a
Warrant Share, but, in lieu thereof, shall pay to the holder of this Warrant
cash in an amount equal to a corresponding fraction (calculated to the nearest
1/100 of a share) of the market value of one Warrant Share as of the date of
receipt by the Company of notice of exercise of this Warrant, as determined in
good faith by the Board of Directors of the Company.

         ss.2. TRANSFER, DIVISION AND COMBINATIon.

         The Company agrees to maintain at its principal office in Orlando,
Florida, books for the registration and transfer of the Warrants, and this
Warrant and all rights hereunder are transferable, in whole or in parts, on such
books at such office, upon surrender of this Warrant at such office, together
with a written assignment of this Warrant duly executed by the holder hereof or
his agent or attorney and funds sufficient to pay any stock transfer taxes
payable upon the making of such transfer. Upon such surrender and payment the
Company shall execute and deliver a new Warrant or Warrants in the name of the
assignee or assignees and in the denominations specified in such instrument of
assignment, and this Warrant shall promptly be canceled. If and when this
Warrant is assigned in blank, the Company may (but shall not be obliged to)
treat the bearer hereof as the absolute owner of this Warrant for all purposes
and the Company shall not be affected by any notice to the contrary. A Warrant
may be exercised by a new holder for the purchase of Warrant Shares without
having a new Warrant issued.

         This Warrant may be divided or combined with other Warrants upon
presentation hereof at such principal office in Orlando, Florida, together with
a written notice specifying the names and denominations in which new Warrants
are to be issued, signed by the holder hereof or his agent or attorney. Subject
to compliance with the preceding paragraph as to any transfer that 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.

         The Company shall pay all expenses, taxes (other than stock transfer
taxes) and other charges payable in connection with the preparation, issue and
delivery of Warrants hereunder.

         ss.3. CERTAIN COVENANts.

         The Company covenants and agrees that:

                  (a) it will at all times maintain and reserve, free from
         pre-emptive rights, such number of shares of authorized but unissued
         Series B Preferred Stock, with the rights and privileges as set forth
         in Exhibit A attached hereto, so that this Warrant may be exercised
         without additional authorization of Series B Preferred Stock after
         giving effect to all other options, warrants, convertible securities
         and other rights to acquire shares of the Company.

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                  (b) it will at all times reserve and set apart and have, free
         from preemptive rights, a number of shares of authorized but unissued
         Common Stock sufficient to enable it at any time to fulfill all its
         obligations hereunder;

                  (c) before taking any action that would cause an adjustment
         reducing the Exercise Price below the then par value of the shares of
         Common Stock issuable upon exercise of the Warrants, the Company will
         take any corporate action that may be necessary in order that the
         Company may validly and legally issue fully paid and nonassessable
         shares of such Common Stock at such adjusted Exercise Price; and

                  (d) it will not, by charter amendment or through
         reorganization, consolidation, merger, dissolution or sale of assets,
         or by any other voluntary act, avoid or seek to avoid the observance or
         performance of any of the covenants, stipulations or conditions to be
         observed or performed hereunder by the Company.

         ss.4. NOTICes.

         In case the Company proposes

                  (a) to pay any dividend payable in stock (of any class or
         classes) or in Convertible Securities upon its Series B Preferred Stock
         or Common Stock or make any distribution (other than ordinary cash
         dividends) to the holders of its Series B Preferred Stock or Common
         Stock, or

                  (b) to grant to the holders of its Series B Preferred Stock or
         Common Stock generally any rights or options, or

                  (c) to effect any capital reorganization or reclassification
         of capital stock of the Company, or

                  (d) to consolidate with, or merge into, any other corporation
         or to transfer its property as an entirety or substantially as an
         entirety, or

                  (e) to effect the liquidation, dissolution or winding up of
         the Company,

then the Company shall cause notice of any such intended action to be given to
all holders of record of outstanding Warrants not less than 30 days before the
date on which the transfer books of the Company shall close or a record be taken
for such stock dividend, distribution or granting of rights or options, or the
date when such capital reorganization, reclassification, consolidation, merger,
transfer, liquidation, dissolution or winding up shall be effective, as the case
may be.

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         Any notice or other document required or permitted to be given or
delivered to holders of record of Warrants shall be mailed first-class postage
prepaid to each such holder at the last address shown on the books of the
Company maintained for the registry and transfer of the Warrants. Any notice or
other document required or permitted to be given or delivered to holders of
record of Common Stock issued pursuant to Warrants shall be mailed first-class
postage prepaid to each such holder at such holder's address as the same appears
on the stock records of the Company. Any notice or other document required or
permitted to be given or delivered to the Company shall be mailed first class
postage prepaid to the principal office of the Company, at
______________________, Orlando, Florida _______, or delivered to the office of
one of the Company's executive officers at such address, or such other address
within the United States of America as shall have been furnished by the Company
to the holders of record of such Warrants and the holders of record of such
Common Stock.

                  ss.5. LIMITATION OF LIABILITY; NOT STOCKHOLDERS; RIGHTS OF THE
         HOLDER.

         No provision of this Warrant shall be construed as conferring upon the
holder hereof the right to vote or to consent or to receive dividends or to
receive notice as a stockholder in respect of meetings of stockholders for the
election of directors of the Company or any other matter whatsoever as
stockholders of the Company. No provision hereof, in the absence of affirmative
action by the holder hereof to purchase Warrant Shares, and no mere enumeration
herein of the rights or privileges of the holder hereof, shall give rise to any
liability of such holder for the purchase price or as a stockholder of the
Company, whether such liability is asserted by the Company, creditors of the
Company or others.

         Without limiting the foregoing or any remedies available to the holder
hereof, the holder will be entitled to specific performance of the obligations
hereunder, and injunctive relief against actual or threatened violations of the
obligations of any person subject to, this Warrant.

         Upon exercise of this Warrant, the holders of the Warrant Shares shall
have and be entitled to exercise, together with all other holders of Registrable
Securities possessing Registration Rights under the Registration Rights
Agreement dated as of March 30, 1999 and all successor agreements (the "RRA"),
the rights of registration granted under the RRA to Registrable Securities (with
respect to the shares issued upon exercise of this Warrant).

         ss.6. LOSS, DESTRUCTION, ETC, OF WARRANts.

         Upon receipt of evidence reasonably satisfactory to the Company of the
loss, theft, mutilation or destruction of any Warrant, and in the case of any
such loss, theft or destruction upon delivery of a bond of indemnity in such
form and amount as shall be reasonably satisfactory to the Company, or in the
event of such mutilation upon surrender

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and cancellation of the Warrant, the Company will make and deliver a new
Warrant, of like tenor, in lieu of such lost, stolen, destroyed or mutilated
Warrant. Any Warrant issued under the provisions of this Section 6 in lieu of
any Warrant alleged to be lost, destroyed or stolen, or of any mutilated
Warrant, shall constitute an original contractual obligation on the part of the
Company.

         ss.7. ADJUSTMENT.

         The number of Warrant Shares and the Exercise Price shall be subject to
adjustment from time to time or upon exercise as provided in this Section 7.

         (a) SPLIT, SUBDIVISION OR CONSOLIDATION OF SHARES. If the Company shall
split, subdivide or combine the securities as to which purchase rights exist
under this Warrant, into a different number of securities of the same class, the
number of Warrant Shares after such consolidation or subdivision will be
increased or reduced, as the case may be, such increase or decrease, as the case
may be, to become effective immediately after the opening of business on the day
following the day upon which such subdivision or combination becomes effective,
and in each case, the Exercise Price shall be adjusted accordingly. The holder
hereof will not be entitled to receive a fraction of a share of stock.

         (b) STOCK DIVIDENDS. In the event that the holders of the securities as
to which purchase rights under this Warrant exist shall have received or become
entitled to receive, without payment therefor, other or additional stock or
securities or property (other than cash) of the Company by way of dividend, then
in each case, the this Warrant shall represent the right to acquire, in addition
to the number of Warrant Shares indicated in the caption of this Warrant, and
without payment of any additional consideration therefor, the amount of such
other securities or property (other than cash) of the Company to which the
holder hereof would have been entitled had this Warrant been exercised prior to
the distribution of the dividend and had thereafter such holder retained such
shares and/or all other additional stock available to it during the period prior
to the exercise of this Warrant, giving effect to all adjustments called for in
this Section 7, and in each case, the Exercise Price shall be adjusted
accordingly.

         (c) MERGER OR REORGANIZATION, ETC. If at any time while this Warrant,
or any portion thereof, is outstanding and unexpired there shall be (i) a
reorganization (other than a combination, reclassification, exchange or
subdivision of shares otherwise provided for herein), (ii) a merger or
consolidation of the Company with or into another corporation in which the
Company is not the surviving entity, or a reverse triangular merger in which the
Company is the surviving entity but the shares of the Company's capital stock
outstanding immediately prior to the merger are converted by virtue of the
merger into the property, whether in the form of securities, cash, or otherwise,
or (iii) a sale or transfer of the Company's properties and assets as, or
substantially as, an entirety to any other person, then, as a part of such
reorganization, merger, consolidation, sale or transfer, lawful provision shall
be made so that the holder of this Warrant shall thereafter

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be entitled to receive upon exercise of this Warrant, during the period
specified herein and upon payment of the Exercise Price then in effect, the
number of shares or other securities or property of the successor corporation
resulting from such reorganization, merger, consolidation, sale or transfer that
a holder of the shares deliverable upon exercise of this Warrant would have been
entitled to receive in such reorganization, consolidation, merger, sale or
transfer if this Warrant had been exercised immediately before such
reorganization, merger, consolidation, sale or transfer, all subject to further
adjustment as provided in this Section. If the per-share consideration payable
to the holder hereof for shares in connection with any such transaction is in a
form other than cash or marketable securities, then the value of such
consideration shall be determined in good faith by the Company's Board of
Directors.

         (d) ADJUSTMENT OF NUMBER OF WARRANT SHARES UPON ISSUANCE OF ADDITIONAL
SHARES OF COMMON. In the event that prior to the exercise of this Warrant, the
Company shall issue Additional Shares of Common (as defined below) (including
Additional Shares of Common deemed to be issued pursuant to SECTION 7(E))
without consideration or for a consideration per share less than the Exercise
Price in effect on the date of and immediately prior to such issue, then and in
such event, the holder shall, upon the exercise or conversion of this Warrant,
be entitled to receive, without payment of any additional consideration
therefor, the increased number of Warrant Shares equal to $440,000 divided by
the product of the existing Exercise Price (as adjusted) and a fraction (i) the
numerator of which is the sum of (A) the total number of shares of Common Stock
issued and outstanding (on an as converted basis) plus (B) the number of
Additional Shares of Common Shares that can be purchased at the existing
Exercise Price for the total consideration received or deemed to be received for
the issuance or deemed issuance of Additional Shares of Common and (ii) the
denominator of which is the Common Stock issued and outstanding (on an as
converted basis) plus the number of Additional Shares of Common issued or deemed
to be issued in the new issuance or deemed issuance.

         (e) ISSUE OF SECURITIES DEEMED ISSUE OF ADDITIONAL SHARES OF COMMON --
OPTIONS AND CONVERTIBLE SECURITIES. In the event that prior to the exercise of
this Warrant, the Company shall issue any Options or Convertible Securities (as
those terms are defined below) (other than Options or Convertible Securities
which are not Additional Shares of Common) or shall fix a record date for the
determination of holders of any class or series of securities entitled to
receive any such Options or Convertible Securities, then the shares of Common
issuable upon the exercise of such Options or, in the case of Convertible
Securities and Options therefor, the conversion or exchange of such Convertible
Securities, shall be deemed to be Additional Shares of Common issued as of the
time of such issue or, in case such a record date shall have been fixed, as of
the close of business on such record date; provided, that in any such case in
which Additional Shares of Common are deemed to be issued:

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                  (i) no further adjustment in the number of shares shall be
made upon the subsequent issue of Convertible Securities or shares of Common
upon the exercise of such Options or conversion or exchange of such Convertible
Securities;

                  (ii) if such Options or Convertible Securities by their terms
provide, with the passage of time or otherwise, for any increase in the
consideration payable to the Company, or decreases in the number of shares of
Common issuable, upon the exercise, conversion or exchange thereof, the number
of shares computed upon the original issue thereof (or upon the occurrence of a
record date with respect thereto), and any subsequent adjustments based thereon,
shall, PROVIDED that no shares of Common have theretofore been issued with
respect to such Options or Convertible Securities, upon any such increase or
decrease becoming effective, be recomputed to reflect such increase or decrease
insofar as it affects such Options or the rights of conversion or exchange under
such Convertible Securities;

                  (iii) no readjustment pursuant to clause (ii) above shall have
the effect of decreasing the number of shares to an amount which is less than
the greater of (1) such number on the original adjustment date with respect to
such deemed issuance of Additional Shares of Common, or (2) such number that
would have resulted from any issuance of Additional Shares of Common between
such original adjustment date and such readjustment date; and

                  (iv) if such Options or Convertible Securities by their terms
provide, with the passage of time or otherwise, for any decrease in the
consideration payable to the Company upon the exercise, conversion or exchange
thereof, the number computed upon the original issue thereof (or upon the
occurrence of a record date with respect thereto), and any subsequent
adjustments based thereon, shall, upon any such decrease becoming effective, be
recomputed to reflect such decrease insofar as it affects such Options or the
rights of conversion or exchange under such Convertible Securities.

         (f) SPECIAL DEFINITIONS. For purposes of SECTIONS 7(D) THROUGH (I), the
following definitions shall apply:

                  (i) "OPTION" shall mean rights, options or warrants to
subscribe for, purchase or otherwise acquire either Common or Convertible
Securities.

                  (ii) "COMMON" shall mean (i) the Company's presently
authorized Common Stock as such class exists on the date of issuance of this
Warrant, and (ii) stock of the Company of any class or series thereafter
authorized that ranks, or is entitled to a participation, as to assets or
dividends, substantially on a parity with Common Stock.

                  (iii) "CONVERTIBLE SECURITIES" shall mean any evidences of
indebtedness, shares or other securities directly or indirectly convertible into
or exchangeable for Common.

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                  (iv) "ADDITIONAL SHARES OF COMMON" shall mean all shares of
Common issued (or, pursuant to SECTION 7(E), deemed to be issued) by the Company
after the date hereof and prior to the exercise of this Warrant, other than:

                           (A) options issued at an exercise price per share no
less than $1.80 (as adjusted for stock splits, consolidations or stock
dividends) to officers, employees or directors of the Company under any stock
option plan adopted by the Board of Directors of the Company; PROVIDED, HOWEVER,
that any shares covered by such options or rights plus any such shares issued
(without duplication as to shares issued under options) in excess of 2,277,750
shares of Common Stock as constituted on the date of issuance of this Warrant
(as adjusted for stock splits, consolidations or stock dividends) shall be
deemed to be Additional Shares of Common;

                           (B) shares issued as a dividend or distribution on
Common Stock or any event for which adjustment is made pursuant to SECTIONS 7(A)
AND (B) hereof;

                           (C) shares issued upon conversion of Convertible
Securities; or

                           (D) shares issued by way of dividend or other
distribution on (1) shares excluded from the definition of Additional Shares of
Common by the foregoing clauses (A) through (C) or (2) shares of Common so
excluded under this clause (D).

         (g) NO ADJUSTMENT OF NUMBER OF WARRANT SHARES OR EXERCISE PRICE. No
adjustment in the number of Warrant Shares or Exercise Price shall be made in
respect of the issuance of Additional Shares of Common unless the consideration
per share for an Additional Share of Common issued or deemed to be issued by the
Company is less than the Exercise Price in effect on the date of, and
immediately prior to, the issue of such Additional Share of Common.

         (h) EFFECT OF "SPLIT-UP OR "SPLIT-DOWN" ON "DEEMED ISSUED" SHARES. Upon
the effective or record date for any subdivision or combination of the Common
Stock of the character described in SECTION 7(A), including the issuance of a
stock dividend which is treated as such a subdivision under SECTION 7(B), the
number of the shares of Common Stock which are at the time deemed to have been
issued by virtue of SECTION 7(E), but have not actually been issued, shall be
deemed to be increased or decreased proportionately.

         (i) COMPUTATION OF CONSIDERATION. For the purposes of this SECTION 7:

                  (i) The consideration received by the Company upon the actual
issuance of Additional Shares of Common shall be deemed to be the sum of the
amount of cash and the fair value of property (as determined in good faith by
resolution of the Board of Directors of the Company as at the time of issue or
"deemed issue" in the case of the following paragraph (ii)) received or
receivable by the Company as the consideration or part of the consideration (v)
at the time of issuance of the Common, (w)

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for the issuance of any rights or options upon the exercise of which such Common
was issued, (x) for the issuance of any rights or options to purchase
Convertible Securities upon the conversion of which such Common was issued, (y)
for the issuance of the Convertible Securities upon conversion of which such
Common was issued, and (z) at the time of the actual exercise of such rights,
options or conversion privileges upon the exercise of which such Common was
issued, in each case without deduction for commissions and expenses incurred by
the Company for any underwriting of, or otherwise in connection with the issue
or sale of, such rights, options, Convertible Securities or Common, but after
deduction of any sums paid by the Company in cash upon the exercise of, and
pursuant to, such rights, options or conversion privileges in respect of
fractional shares of Common; and

                  (ii) The consideration deemed to have been received by the
Company for Additional Shares of Common deemed to be issued pursuant to rights,
options and conversion privileges by reason of transactions of the character
described in SECTION 7(E) shall be the consideration (determined as provided in
the foregoing paragraph (i)) that would be received or receivable by the Company
at or before the actual issue of such shares of Common so deemed to be issued,
if all rights, options and conversion privileges necessary to effect the actual
issue of the number of shares deemed to have been issued had been exercised
(successively exercised in the case of rights or options to purchase Convertible
Securities), and the minimum consideration received or receivable by the Company
upon such exercise had been received; all computed without regard to the
possible future effect of anti-dilution provisions on such rights, options
and/or conversion privileges.

         (j) STATEMENT OF ADJUSTMENT. Whenever the number of Warrant Shares is
adjusted pursuant to any of the foregoing provisions of this SECTION 7, the
Company shall promptly prepare a written statement signed by the President of
the Company, setting forth the adjustment, determined as provided in this
Section, and in reasonable detail the facts requiring such adjustment and the
calculation thereof. Such statement shall be filed among the permanent records
of the Company and a copy thereof shall be furnished to the holder of this
Warrant without request and shall at all reasonable times during business hours
be open to inspection by holders of the Warrants.

         (k) DETERMINATION BY THE BOARD OF DIRECTORS. All determinations by the
Board of Directors of the Company under the provisions of this SECTION 7 shall
be made in good faith.

         (l) CONVERSION OF SERIES B PREFERRED STOCK. Should all of the Company's
Series B Preferred Stock be, or if outstanding would be, at any time prior to
the expiration of this Warrant or any portion thereof, redeemed or converted
into shares of the Company's Common Stock in accordance with the Company's
Certificate of Incorporation, then this Warrant shall become immediately
exercisable for that number of shares of the Company's Common Stock equal to the
number of shares of the Common Stock that would have been received if this
Warrant had been exercised in full and the

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Series B Preferred Stock received thereupon had been simultaneously converted
immediately prior to such event, and the Exercise Price shall immediately be
adjusted to equal the quotient obtained by dividing (x) the aggregate Exercise
Price of the maximum number of shares of Series B Preferred Stock for which this
Warrant was exercisable immediately prior to such conversion or redemption, by
(y) the number of shares of Common Stock for which this Warrant is exercisable
immediately after such conversion or redemption.

         ss.8. GOVERNING Law.

         This Warrant shall be governed by the laws of the State of Delaware,
without giving effect to the rules respecting conflict of law.

         ss.9. ENTIRE AGREEMENT; MODIFICATION; WAIVer. This Warrant constitutes
the entire agreement between the parties pertaining to the subject matter
herein, and supersedes all prior and contemporaneous agreements,
representations, and understandings of the parties. No supplement, modification,
or amendment of this Warrant shall be binding unless executed in writing by the
parties hereto. No waiver of any of the provisions of this Warrant shall be
deemed, or shall constitute, a waiver of any other provision, whether or not
similar, nor shall any waiver constitute a continuing waiver.

         IN WITNESS WHEREOF, the Company has caused this Warrant to be signed in
its name by a duly authorized officer.

Dated:  October 15, 1999

                                           World Commerce Online, Inc.

                                           By  /s/ Robert Shaw
                                              -----------------------
                                                Robert Shaw, CEO

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                               SUBSCRIPTION NOTICE

         The undersigned, the holder of the foregoing Warrant, hereby elects to
exercise purchase rights represented by such Warrant for, and to purchase
thereunder, __________ shares of the ____________________ Stock covered by such
Warrant and herewith makes payment in full therefor of $__________ cash, and
requests that certificates for such shares (and any securities or property
deliverable upon such exercise) be issued in the name of and delivered to
__________________________ whose address is
__________________________________________.

                                             --------------------------------

Dated:

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             SUBSCRIPTION NOTICE FOR EXERCISE ON NET ISSUANCE BASIS

         The undersigned, the holder of the foregoing Warrant, hereby elects to
convert this Warrant, as to _____________ shares of ______________ Stock covered
hereby, into _________ shares of _________________ Stock, and requests that
certificates for such shares (and any securities or property deliverable upon
such exercise) be issued in the name of and delivered to _____________________
whose address is ______________________________.

                                             ---------------------------------

Dated:

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                                   ASSIGNMENT

         FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers
unto _____________________________ the rights represented by the foregoing
Warrant of ____________________ and appoints __________________________ attorney
to transfer said rights on the books of said corporation, with full power of
substitution in the premises.

Dated:

NOTICE: The signature to this assignment must correspond with the name as
written upon the face of the within Warrant in every particular, without
alteration or enlargement or any change whatever.

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                                                                   EXHIBIT 4.10

THIS WARRANT AND THE COMMON STOCK OF WORLD COMMERCE ONLINE, INC., (THE
"COMPANY") ISSUABLE UPON CONVERSION HEREOF (UNTIL SUCH TIME AS SUCH COMMON STOCK
IS REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR ANY OTHER SECURITIES STATUTE, AND NO SALE, TRANSFER,
OR OTHER DISPOSITION OF ANY INTEREST HEREIN MAY BE MADE UNLESS, IN THE WRITTEN
OPINION OF COUNSEL TO THE COMPANY, SUCH TRANSFER WOULD NOT VIOLATE OR REQUIRE
REGISTRATION UNDER ANY SUCH STATUTE.

                                     WARRANT

                           To Purchase Common Stock of

                           WORLD COMMERCE ONLINE, INC.

        This is to certify that, for value received, TUCKER H. BYRD (together
with his successors and permitted assigns, "Holder"), is granted the right to
purchase, subject to the provisions in the next sentence, from World Commerce
Online, Inc., a Delaware corporation (the "Company"), 30,000 duly authorized,
validly issued, fully paid and nonassessable shares of common stock, par value
$.001 per share, of the Company ("Common Stock"), at the Current Warrant Price
(as hereinafter defined) in lawful money of the United States of America. Holder
is entitled to purchase 30,000 shares of Common Stock at any time and from time
to time prior to 5 P.M. local time at the place where the Warrant Office
hereinafter referred to is located on or before October 17, 2009. The purchase
price hereunder at any time of a single share of Common Stock is referred to
herein as the "Current Warrant Price." Initially, and until adjustment in the
manner hereinafter provided, the Current Warrant Price with respect to such
30,000 shares shall be $8.00 per share. The number of shares of Common Stock
purchasable hereunder and the Current Warrant Price are subject to adjustment
from time to time in the manner provided in Article 4 below. Certain terms in
this Warrant are defined in Article 5 below.

                                    ARTICLE 1
                              EXERCISE OF WARRANTS

         SECTION 1.1. METHOD OF EXERCISE. Subject to the provisions of Article 3
below, to exercise this Warrant in whole or in part, Holder shall deliver to the
Company at the Warrant Office designated pursuant to Section 2.1: (i) a written
notice, in substantially the form of the Subscription Notice appearing at the
end of this Warrant, of such Holder's election to exercise this Warrant, which
notice shall specify the number of shares of Common Stock to be purchased and
the nature of payment (ii) a certified or official bank check payable to the
order of the Company (or any other form of consideration which the Company and
the holder hereof may have agreed to accept in payment of the Current Warrant
Price) in the aggregate equal to the aggregate Current Warrant Price of the
number of shares of Common Stock being purchased; and (iii) this Warrant. The
Company shall as promptly as practicable, and in any event within 10

<PAGE>   2

days after receipt by the Company of such notice, execute and deliver or cause
to be executed and delivered, in accordance with said notice, a certificate or
certificates representing the aggregate number of shares of Common Stock
specified in said notice. The stock certificate or certificates so delivered
shall be in the denomination as may be specified in said notice and shall be
issued in the name of such holder or such other name as shall be designated in
said notice. Such certificate or certificates shall be deemed to have been
issued and such holder or any other person so designated to be named therein
shall be deemed for all purposes to have become a holder of record of such
shares as of the date the consideration specified for such shares is received by
the Company as aforesaid. If this Warrant shall have been exercised only in
part, the Company shall, at the time of delivery of said certificate or
certificates, deliver to such holder a new Warrant evidencing the rights of such
holder to purchase the remaining shares of Common Stock called for by this
Warrant, which new Warrant shall in all other respects be identical with this
Warrant, or, at the request of such holder, appropriate notation may be made on
this Warrant and the same returned to such holder. The Company shall pay all
expenses, taxes and other charges payable in connection with the preparation,
issuance and delivery of such stock certificates and any new Warrant, except
that, in case such stock certificates or new Warrant shall be registered in a
name or names other than the name of the holder of this Warrant, funds
sufficient to pay all stock transfer taxes which shall be payable upon the
issuance of such stock certificate or certificates or any new Warrant shall be
paid by the holder hereof at the time of delivering the notice of exercise
mentioned above or promptly upon receipt of a written request of the Company for
payment of the same.

         SECTION 1.2. WARRANT SHARES TO BE FULLY PAID AND NONASSESSABLE. All
shares of Common Stock issued upon the exercise of this Warrant shall be validly
issued, fully paid and nonassessable and, if the Common Stock is then listed on
a securities exchange, shall be duly listed thereon, subject to registration
under the Exchange Act.

         SECTION 1.3. NO FRACTIONAL SHARES TO BE ISSUED. The Company shall not
be required upon any exercise of this Warrant to issue a certificate
representing any fraction of a share of Common Stock, but, in lieu thereof,
shall pay Holder cash in an amount equal to a corresponding fraction (calculated
to the nearest 1/100 of a share) of the Current Market Price of one share of
Common Stock as of the date of receipt by the Company of notice of exercise of
this Warrant.

         SECTION 1.4. LEGEND ON WARRANT SHARES. Each certificate for shares
initially issued upon exercise of this Warrant, unless at the time of exercise
such Warrant Shares are registered under the Act, shall bear a legend in
substantially the following form (and any additional legend required by any
securities exchange upon which such Warrant Shares may, at the time of such
exercise, be listed) on the face thereof:

         "The securities represented by this certificate have not been
registered under the Securities Act of 1933, as amended, or the laws of any
state and may not be sold or otherwise transferred except pursuant to an
effective registration statement or the written opinion of counsel to World
Commerce Online, Inc. that such registration is not required."

                                       2
<PAGE>   3

         Any certificate issued at any time in exchange or substitution for any
certificate bearing such legend (except a new certificate issued upon completion
of: (i) a public distribution pursuant to a registration statement; or (ii) an
exempt sale pursuant to Rule 144 or Rule 144A under the Act of the securities
represented thereby) shall also bear such legend unless, in the opinion of
counsel for the holder thereof as shall be reasonably acceptable to the Company,
the securities represented thereby need no longer be subject to the restrictions
contained in Article 3 below. The provisions of Article 3 below shall be binding
upon all subsequent holders of this Warrant.

                                    ARTICLE 2
                       WARRANT OFFICE; OWNERSHIP, TRANSFER
                                   OF WARRANT

         SECTION 2.1. WARRANT OFFICE. The Company shall maintain an office for
certain purposes specified herein (the "Warrant Office"), which office shall
initially be the Company's office at 9677 Tradeport Drive, Orlando, Florida
32827, and may subsequently be such other office of the Company or of any
transfer agent of the Common Stock in the continental United States as to which
written notice has previously been given to all of the Warrantholders.

         SECTION 2.2. OWNERSHIP OF WARRANT. The Company may deem and treat the
person in whose name this Warrant is registered as the holder and owner hereof
(notwithstanding any notations of ownership or writing hereon made by anyone
other than the Company) for all purposes and shall not be affected by any notice
to the contrary, until presentation of this Warrant for registration of transfer
as provided in this Article 2.

         SECTION 2.3. TRANSFER OF WARRANT. The Company agrees to maintain books
at the Warrant Office for the registration and transfer of this Warrant, and,
subject to the provisions of Article 3 below, this Warrant and all rights
hereunder are transferable, in whole or in part, on said books at said office,
upon surrender of this Warrant at said office, together with a written
assignment of this Warrant duly executed by the holder hereof or his duly
authorized agent or attorney and funds sufficient to pay any transfer taxes
payable upon the making of such transfer. Upon such surrender and payment, the
Company shall execute and deliver a new Warrant or Warrants in the name of the
assignee or assignees and in the denominations specified in such instrument of
assignment, and this Warrant shall promptly be canceled. A Warrant may be
exercised by a new holder for the purchase of shares of Common Stock without
having a new Warrant issued. No holder of this Warrant may divide this or any
other Warrant into a Warrant exercisable into less than 10,000 shares of Common
Stock.

         SECTION 2.4. EXPENSES OF DELIVERY OF WARRANTS. The Company shall pay
all expenses, taxes (other than transfer taxes) and other charges payable in
connection with the preparation, issuance and delivery of this Warrant or any
new Warrant hereunder.

                                       3
<PAGE>   4

                                    ARTICLE 3
                            RESTRICTIONS ON EXERCISE
                        AND TRANSFER; REGISTRATION RIGHTS

         SECTION 3.1. RESTRICTIONS ON EXERCISE AND TRANSFER. The holder of this
Warrant, as of the date of issuance hereof, represents to the Company that it is
not acquiring the Warrant with a view to the distribution thereof.
Notwithstanding any provisions contained in this Warrant to the contrary, this
Warrant and the related Warrant Shares shall not be transferable except pursuant
to the proviso contained in the following sentence or upon the conditions
specified in this Article 3, which conditions are intended, among other things,
to insure compliance with the provisions of the Act and applicable state law in
respect of the transfer of this Warrant or such Warrant Shares. The holder of
this Warrant, by its acceptance hereof, agrees that it will not transfer this
Warrant or the related Warrant Shares prior to delivery to the Company of an
opinion of such holder's counsel reasonably satisfactory to the Company (as such
opinion and such counsel are described in Section 3.2 below) or until
registration of such Warrant Shares under the Act has become effective or after
a sale of such Warrant or Warrant Shares has been consummated pursuant to Rule
144 or Rule 144A under the Act.

         SECTION 3.2. NOTICE OF INTENTION TO TRANSFER; OPINION OF COUNSEL. The
holder of this Warrant, by its acceptance hereof, agrees that prior to any
transfer of this Warrant or of the related Warrant Shares (other than pursuant
to a registration under the Act), such holder will give written notice to the
Company of its intention to effect such transfer, together with an opinion of
counsel for such holder as shall be reasonably acceptable to the Company, to the
effect that the proposed transfer of this Warrant and/or such Warrant Shares may
be effected without registration under the Act or applicable state law. Upon
delivery of such notice and opinion to the Company, the holder of this Warrant
or such Warrant Shares shall be entitled to transfer this Warrant and/or such
Warrant Shares in accordance with the intended method of disposition specified
in the notice delivered by such holder to the Company; PROVIDED, HOWEVER, that
if such method of disposition would, in the opinion of such counsel, require
that the Company take any reasonable action and/or execute and file with the
Commission and/or any state securities authority with jurisdiction and/or
deliver to the Warrantholder or any other person any form or document (other
than a registration statement under the Act or under any state securities laws
or any information requirements pursuant to Regulation D) in order to establish
the entitlement of the holder of this Warrant to take advantage of such method
of disposition, the Company agrees, at its expense, to take any such reasonable
action and/or execute and file and/or deliver any such form or document.

         SECTION 3.3. "PIGGYBACK REGISTRATIONS".

                  (a) If the Company at any time prior to the expiration of the
Warrants, proposes to register any of its equity securities (as defined in the
Act), other than securities which are convertible into shares of Common Stock,
under the Act on Forms S-1, S-2, S-3 or SB-1, or SB-2 (but not Form S-4 or S-8)
or on any other form upon which may be registered securities similar to the
Warrant Shares, it will at each such time give written notice at least 30 days
prior to the filing of the registration statement to all Warrantholders of its
intention so to do. Such

                                       4
<PAGE>   5

notice shall specify the proposed date of the filing of the registration
statement and advise each Warrantholder of its right to participate therein.
Upon the written request of any Warrantholder given prior to the proposed date
of filing set forth in such notice, the Company will cause each Warrant Share
which the Company has been requested to register by such Warrantholder to be
registered under the Act, all to the extent requisite to permit the sale or
other disposition by such Warrantholder of the Warrant Shares so registered.

                  (b) If, in the written opinion of the underwriter or
underwriters managing the public offering which is the subject of a registration
pursuant to Section 3.3(a) above (or in the event that such distribution shall
not be underwritten, in the written opinion of an investment banking firm of
recognized standing satisfactory to the Warrantholders), the total amount of the
securities to be so registered, when added to the total amount of Warrant Shares
which the Warrantholders have requested to be registered pursuant to Section
3.3(a) above, will exceed the maximum amount of securities of the Company which
can be marketed: (i) at a price reasonably related to their then current market
value; or (ii) without otherwise materially and adversely affecting the entire
offering, then the Company shall have the right to exclude from such
registration such number of Warrant Shares which it would otherwise be required
to register pursuant to Section 3.3(a) above as is necessary to reduce the total
amount of securities to be so registered to the maximum amount of securities
which can be so marketed; PROVIDED, HOWEVER, that if the securities (other than
the Warrant Shares) to be so registered for sale are to be offered for the
account of the Company and others, the Company may only cut back Warrant Shares
pro rata with the securities held by such other persons (it being agreed that in
the case where such registration is to be effected as a result of the exercise
by a holder of the Company's securities of such holder's right to cause such
securities to be so registered, such pro rata cut back shall include the
Company).

         SECTION 3.4. COMPANY'S OBLIGATIONS IN REGISTRATION. If and whenever the
Company is obligated by the provisions of this Article 3 to effect the
registration of any Warrant Shares under the Act, as expeditiously as possible
the Company will:

                  (a) as expeditiously prepare and file with the Commission a
registration statement with respect to such Warrant Shares and use its best
efforts to cause such registration statement to become and remain effective
during the period required for the distribution of the securities covered by the
registration statement; PROVIDED, HOWEVER, that in the event that the Warrant
Shares covered by such registration statement are not to be sold to or through
underwriters acting for the Company, the Company shall not be required to keep
such registration statement in effect, or to prepare and file any amendments or
supplements thereto, after the expiration of six months following the date on
which such registration statement becomes effective under the Act or such longer
period during which the Commission requires that such registration statement be
kept effective with respect to any of the Warrant Shares so registered;

                  (b) as expeditiously as possible, prepare and file with the
Commission such amendments and supplements to such registration statement and
the prospectus used in connection therewith as may be necessary to keep such
registration statement effective and to

                                       5
<PAGE>   6

comply with the provisions of the Act with respect to the disposition of all
Warrant Shares covered by such registration statement, whenever the
Warrantholders for whom such Warrant Shares are registered or are to be
registered shall desire to dispose of the same, subject, however to the proviso
contained in Section 3.4(a) above; PROVIDED, HOWEVER, that in any event the
Company's obligations under this Section 3.4(b) shall terminate 90 days after
the effective date of any such registration statement if none of the Warrant
Shares registered thereunder shall have been sold;

                  (c) as expeditiously as possible, furnish to the
Warrantholders for whom such Warrant Shares are registered or are to be
registered and to any underwriter or underwriters such numbers of copies of a
prospectus, including a preliminary prospectus, in conformity with the
requirements of the Act, and such other documents as such Warrantholders may
reasonably request in order to facilitate the disposition of such Warrant
Shares;

                  (d) use its reasonable efforts to register or qualify the
Warrant Shares covered by such registration statement under such other
securities or blue sky laws of such jurisdictions as the Warrantholders for whom
such Warrant Shares are registered or are to be registered shall reasonably
request, and do any and all other reasonable acts and things to so register or
qualify which may be necessary or advisable to enable such Warrantholders to
consummate the disposition in such jurisdictions of such Warrant Shares;

         SECTION 3.5. PAYMENT OF REGISTRATION EXPENSES. The costs and expenses
of all registrations under the Act and of all other actions which the Company is
required to take or effect pursuant to this Article 3 shall be paid for by the
Company (including, without limitation, all registration, qualification and
filing fees, printing expenses, expenses of distributing prospectuses and other
documents, fees and disbursements of counsel and accountants for the Company,
and expenses of any special audits incident to or required in connection with
any such registration hereof, but excluding the fees and disbursements of
special counsel for the Warrantholders, any consultants retained by the
Warrantholders and underwriters' or brokers' discounts or commissions applicable
to the Warrant Shares).

         SECTION 3.6. INFORMATION FROM WARRANTHOLDERS. Notices and requests
delivered by Warrantholders to the Company pursuant to this Article 3 shall
contain such information regarding the Warrant Shares and the intended method of
disposition thereof as shall reasonably be required in connection with the
action to be taken.

         SECTION 3.7. COMPANY'S INDEMNIFICATION. In the event of any
registration under the Act of any Warrant Shares pursuant to this Article 3, the
Company hereby agrees to indemnify and hold harmless each Warrantholder
disposing of such Warrant Shares and each other person, if any, who controls
such Warrantholder within the meaning of Section 15 of the Act and each other
person (including underwriters) who participates in the offering of such Warrant
Shares against any losses, claims, damages or liabilities, joint or several, to
which such Warrantholder or controlling person or participating person may
become subject under the Act or otherwise, in so far as such losses, claims,
damages or liabilities (or proceedings in respect thereof) arise out of or are
based upon any untrue statement or alleged untrue statement of any material fact
contained,

                                       6
<PAGE>   7

on the effective date thereof, in any registration statement under which such
Warrant Shares were registered under the Act, in any preliminary prospectus or
final prospectus contained therein, or in any amendment or supplement thereto,
or arise out of or are based upon the omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the
statements therein not misleading, and will reimburse such Warrantholder and
each such controlling person or participating person for any legal or any other
expenses incurred by such Warrantholder or such controlling person or
participating person in connection with investigating or defending any such
loss, claim, damage, liability or proceeding; PROVIDED, HOWEVER, that the
Company will not be liable in any such case to the extent that any such loss,
claim, damage or liability arises out of or is based upon: (a) an untrue
statement or alleged untrue statement or omission or alleged omission made in
such registration statement, said preliminary or final prospectus or said
amendment or supplement in reliance upon and in conformity with written
information furnished to the Company by such Warrantholder or such controlling
or participating person, as the case may be, specifically for use in the
preparation thereof; or (b) an untrue statement or alleged untrue statement,
omission or alleged omission in a prospectus if such untrue statement or alleged
untrue statement, omission or alleged omission is corrected in an amendment or
supplement to the prospectus which amendment or supplement is delivered to such
Warrantholder and such Warrantholder thereafter fails to deliver such prospectus
as so amended or supplemented prior to or concurrently with the sale of Warrant
Shares to the person asserting such loss, claim, damage, liability or expense.

         SECTION 3.8. WARRANTHOLDER'S INDEMNIFICATIONS. If the Company so
requests, each Warrantholder for whom Warrant Shares are to be so registered
shall execute an agreement or agreements, whereby such Warrantholder agrees to
indemnify and hold harmless the Company, each other person referred to in
subparts (1), (2) and (3) of Section 11(a) of Section 15 of the Act in respect
of such registration statement and each other person, if any, which controls the
Company within the meaning of the Act against any losses, claims, damages or
liabilities, joint or several, to which the Company or such other person or such
person controlling the Company may become subject under the Act or otherwise,
insofar as such losses, claims, damages or liabilities (or proceeding in respect
thereof) arise out of or are based upon any untrue statement or alleged untrue
statement of any material fact contained, on the effective date thereof, in any
registration statement under which such Warrant Shares were registered under the
Act, in any preliminary prospectus or final prospectus contained therein or in
any amendment or supplement thereto, or arise out of or are based upon the
omission or alleged omission to state therein a material fact required to be
stated therein or necessary to make the statements therein not misleading,
which, in each such case, has been made in or omitted from such registration
statement, said preliminary or final prospectus or said amendment or supplement
in reliance upon, and in conformity with, information furnished to the Company
by such Warrantholder specifically for use in the preparation thereof. The
Company shall be entitled to receive indemnities from underwriters, selling
brokers, dealer managers and similar securities industry professionals
participating in the distribution, to the same extent as provided above, with
respect to information with respect to such persons so furnished in writing by
such persons specifically for inclusion in any prospectus or registration
statement.

                                       7
<PAGE>   8

         SECTION 3.9. CONDUCT OF INDEMNIFICATION PROCEEDINGS. Any person
entitled to indemnification hereunder will: (a) give prompt written notice to
the indemnifying party of any claim with respect to which it seeks
indemnification; and (b) unless, in such indemnified party's reasonable
judgment, a conflict of interest may exist between such indemnified and
indemnifying parties with respect to such claim, permit such indemnifying party
to assume the defense of such claim with counsel reasonably satisfactory to the
indemnified party; provided, HOWEVER, that the failure of an indemnified party
to give notice as provided herein shall not relieve the indemnifying party of
its obligations under this Section 3.9 with respect to such indemnified party,
except to the extent that the indemnifying party is actually prejudiced by such
failure. Whether or not such defense is assumed by the indemnifying party, the
indemnifying party will not be subject to any liability for any settlement made
without its consent (but such consent will not be unreasonably withheld). No
indemnifying party will consent to the entry of any judgment or enter into any
settlement which does not include as an unconditional term thereof the giving by
the claimant or plaintiff to such indemnified party of a release from all
liability in respect of such claim or litigation. An indemnifying party who is
not entitled to, or elects not to, assume the defense of the claim against the
indemnified party, will not be obligated to pay the fees and expenses of more
than one counsel for all parties indemnified by such indemnifying party with
respect to such claim, unless in the reasonable judgment of any indemnified
party a conflict of interest may exist between such indemnified party and any
other such indemnified parties with respect to such claim, in which event the
indemnifying party shall be obligated to pay the fees and expenses of such
additional counsel or counsels.

         If for any reason the indemnification provided for in the preceding
Sections 3.7 and 3.8 above is unavailable to an indemnified party as
contemplated thereby, the indemnifying party shall contribute to the amount paid
or payable by the indemnified party as a result of such loss, claim, damage or
liability in such proportion as is appropriate to reflect not only the relative
benefits received by the indemnified party and the indemnifying party, but also
the relative fault of the indemnified party and the indemnifying party, as well
as any other relevant equitable considerations. No person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Act) shall be
entitled to contribution from any person who was not guilty of fraudulent
misrepresentation.

         SECTION 3.10. PUBLIC INFORMATION. The Company covenants and agrees that
if and so long as the Common Stock shall be registered under Section 12 of the
Exchange Act, at any time when any Warrantholder so entitled desires to make
sales of any Warrant Shares in reliance on Rule 144 or Rule 144A under the Act
either: (i) there will be available adequate current public information with
respect to the Company as required by said Rules; or (ii) if such information is
not available the Company will use its best efforts to make such information
available without delay.

                                    ARTICLE 4
                            ANTI-DILUTION PROVISIONS

         SECTION 4.1. ADJUSTMENT OF CURRENT WARRANT PRICE AND NUMBER OF SHARES
PURCHASABLE. The Current Warrant Price and the number of shares of Common Stock

                                       8
<PAGE>   9

purchasable upon the exercise of each Warrant shall be subject to adjustment
from time to time as hereinafter provided in this Article 4. Upon each
adjustment of the Current Warrant Price, the holder of this Warrant shall
thereafter be entitled to purchase at the Current Warrant Price resulting from
such adjustment, the number of shares (calculated to the nearest whole share) of
Common Stock calculated by multiplying the Current 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 Current Warrant Price resulting from such adjustment.

         SECTION 4.2. EFFECT OF "SPLIT-UPS" AND STOCK DIVIDENDS. In case at any
time or from time to time the Company shall subdivide or combine as a whole, by
reclassification, by the issuance of a stock dividend on the Common Stock
payable in Common Stock, or otherwise, the number of shares of Common Stock then
outstanding into a greater or lesser number of shares of Common Stock, with or
without par value, the Current Warrant Price shall be reduced or increased (as
applicable) proportionately. The issuance of such a stock dividend shall be
treated as a subdivision of the whole number of shares of Common Stock
outstanding immediately prior to such dividend into a number of shares equal to
such whole number of shares so outstanding plus the number of shares issued as a
stock dividend. Upon any such adjustment, the number of shares shall be rounded
upward to the nearest whole share.

         SECTION 4.3. EFFECT OF MERGER OR CONSOLIDATION. In case the Company
shall, while this Warrant remains outstanding, enter into any consolidation with
or merger into any other corporation wherein the Company is not the surviving
corporation, or wherein securities of a corporation other than the Company are
distributable to holders of Common Stock, or sell or convey its property as an
entirety or substantially as an entirety followed by distribution of any or all
of the proceeds thereof to shareholders, and in connection with such
consolidation, merger, sale or conveyance, shares of stock or other securities
or property shall be issuable or deliverable in exchange for the Common Stock,
then, as a condition of such consolidation, merger, sale or conveyance, lawful
and adequate provision shall be made whereby the holder of this Warrant shall
thereafter be entitled to purchase pursuant to this Warrant (in lieu of the
number of shares of Common Stock which such holder would have been entitled to
purchase immediately prior to such consolidation, merger, sale or conveyance)
the shares of stock or other securities or property to which such number of
shares of Common Stock would have been entitled at the time of such
consolidation, merger, sale or conveyance, at an aggregate purchase price equal
to that which would have been payable if such number of shares of Common Stock
had been purchased by exercise of this Warrant immediately prior thereto. In
case of any such consolidation, merger, sale or conveyance, an appropriate
provision shall be made with respect to the rights and interests thereafter of
any holder of this Warrant, to the end that all the provisions of this Warrant
(including the provisions of this Article 4) shall thereafter be applicable, as
nearly as practicable, to such stock or other securities or property thereafter
deliverable upon the exercise of this Warrant. The Company shall not effect any
such consolidation, merger, sale or conveyance unless prior to or simultaneously
with the consummation thereof the successor corporation (if other than the
Company) resulting from such consolidation or merger or purchasing such assets
shall assume by written instrument, executed and mailed or delivered to the
holder of this Warrant, the obligation to deliver to such holder such shares of
stock or other securities or

                                       9
<PAGE>   10

property as, in accordance with the foregoing provisions, such Warrantholder may
be entitled to receive, which instrument shall contain the express assumption by
such successor corporation of the due and punctual performance and observance of
every provision of this Warrant to be performed and observed by the Company and
of all liabilities and obligations of the Company hereunder.

         SECTION 4.4. REORGANIZATION OR RECLASSIFICATION. In case of any capital
reorganization or any reclassification of the capital stock of the Company
(except as provided in Section 4.2 above) while this Warrant remains
outstanding, then, as a condition of such reorganization or reclassification,
lawful and adequate provision shall be made whereby the holder of this Warrant
shall thereafter be entitled to purchase pursuant to this Warrant (in lieu of
the number of shares of Common Stock which such holder would have been entitled
to purchase immediately prior to such reorganization or reclassification) the
shares of stock of any class or classes or other securities or property to which
such number of shares of Common Stock would have been entitled at the time of
such reorganization or reclassification, at an aggregate purchase price equal to
that which would have been payable if such number of shares of Common Stock had
been purchased immediately prior to such reorganization or reclassification. In
case of any such capital reorganization or reclassification, appropriate
provision shall be made with respect to the rights and interests thereafter of
the holders of Warrants, to the end that all the provisions of the Warrants
(including the provisions of this Article 4) shall thereafter be applicable, as
nearly as practicable, to such stock or other securities or property thereafter
deliverable upon the exercise of the Warrants.

         SECTION 4.5. STATEMENT OF ADJUSTMENT. Upon each adjustment of the
Current Warrant Price and the number of shares of Common Stock purchasable
hereunder, and in the event of any change in the rights of the holder of this
Warrant by reason of other events herein set forth, then and in each such case
the Company will promptly prepare a schedule setting forth the adjusted Current
Warrant Price and the adjusted number of shares purchasable hereunder, or
specifying the other shares of stock, other securities or property and the
amount thereof receivable as a result of such change in rights, and setting
forth in reasonable detail the method of calculation and the facts upon which
such calculation is based. The Company will promptly mail a copy of such
schedule to the registered holder of this Warrant.

         SECTION 4.6. NOTIFICATIONS BY THE COMPANY. In case at any time the
Company proposes:

                  (a) to pay any dividend payable in stock (of any class or
classes);

                  (b) to effect any capital reorganization or reclassification
of the capital stock of the Company, or consolidation or merger of the Company
with, or sale of all or substantially all of its assets to, another corporation;
or

                  (c) to effect a voluntary or involuntary dissolution,
liquidation or winding-up of the Company; then, in any one or more such cases,
the Company shall give written notice to the registered holder of this Warrant
of the date on which: (i) the transfer books of the Company

                                       10
<PAGE>   11

shall close or a record date shall be taken for such dividend; (ii) a record
date shall be taken to determine stockholders entitled to notice of and to vote
at any meeting of stockholders at which any such proposed reorganization,
reclassification, consolidation, merger, sale of assets, dissolution,
liquidation or winding-up is to be considered; or (iii) such reorganization,
reclassification, consolidation, merger, sale of assets, dissolution,
liquidation or winding-up shall take place, as the case may be. Such notice
shall also specify the date as of which the holders of Common Stock of record
shall participate in such dividend, or shall be entitled to vote on or exchange
their Common Stock for securities or other property deliverable upon such
reorganization, reclassification, consolidation, merger, sale of assets,
dissolution, liquidation or winding-up, as the case may be. Such written notice
shall be given not less than 10 days prior to such date on which the transfer
books of the Company shall close or a record date shall be taken or any event
shall occur, as the case may be, and such notice may state that any such action
will be taken only if certain events specified in such notice (such as the
clearing of proxy material by the Commission or an affirmative vote of
stockholders) occur prior thereto.

                                    ARTICLE 5
                               CERTAIN DEFINITIONS

         For all purposes of this Warrant, unless the context otherwise
requires, the following terms shall have the following respective meanings:

         "ACT": the Securities Act of 1933, as amended from time to time, or any
successor federal statute, and the rules and regulations of the Commission
thereunder, all as the same shall be in effect at the time.

         "COMMISSION": the Securities and Exchange Commission, or any other
federal agency then administering the Act.

         "CURRENT MARKET PRICE": the "Closing Price" (as defined below) of the
Common Stock on the last business day immediately preceding any date of
reference. For the purpose of determining Current Market Price, the "Closing
Price" of the Common Stock on any business day shall be: (i) if the Common Stock
is listed or admitted for trading on any United States national securities
exchange, the last reported sale price of Common Stock on such exchange; (ii) if
the Common Stock is listed or admitted for trading on any tier of The Nasdaq
Stock Market, the last reported sale price of Common Stock on such tier; or
(iii) if the Common Stock is traded in the over-the-counter market, the average
of the closing bid and asked prices for the Common Stock as quoted on the OTC
Bulletin Board.

         "CURRENT WARRANT PRICE" (per share of Common Stock at any date): the
price at which one share of Common Stock may be purchased hereunder at any time;
initially $8.00. The Current Warrant Price is subject to adjustment from time to
time pursuant to Article 4 above.

         "EXCHANGE ACT": the Securities Exchange Act of 1934, as amended from
time to time, or any successor federal statute, and the rules and regulations of
the Commission thereunder.

                                       11
<PAGE>   12

         "OUTSTANDING": when used with reference to Common Stock at any date,
all issued shares of Common Stock (including, but without duplication, shares
deemed issued pursuant to Article 4 above) at such date, except shares then held
in the treasury of the Company.

         "PERSON": an individual, corporation, partnership, joint venture, trust
estate, unincorporated organization or government or an agency or political
subdivision thereof.

         "TOTAL WARRANTS": the sum of the aggregate number of shares of: (i)
Common Stock purchasable by the holder(s) upon exercise of the Warrant then
outstanding; and (ii) Warrant Shares which had been issued pursuant to the
exercise the Warrant.

         "WARRANT OFFICE": see Section 2.1 above.

         "WARRANT SHARES": the shares of Common Stock purchasable or purchased
by the Warrantholder upon the exercise of the Warrant. Unless otherwise
expressly stated herein, Warrant Shares shall not include shares of Common Stock
purchased upon exercise of the Warrant which have been sold by a Warrantholder
pursuant to a registration statement under the Act.

         "WARRANTHOLDER": the registered holder of the Warrant or any related
Warrant Shares.

         "WARRANT": the warrant issued by the Company hereunder evidencing the
right initially to purchase an aggregate of 50,000 shares of Common Stock and
all warrants issued in substitution or subdivision hereof.

                                    ARTICLE 6
                        CERTAIN COVENANTS OF THE COMPANY

         The Company represents, warrants, covenants and agrees that:

                  (a) it will reserve and set apart and have at all times, free
from preemptive rights, a number of shares of authorized but unissued Common
Stock or other securities or property deliverable upon the exercise of this
Warrant sufficient to enable it at any time to fulfill all its obligations
thereunder;

                  (b) before taking any action which would cause an adjustment
reducing the Current Warrant Price below the then par value of the shares of
Common Stock issuable upon exercise of this Warrant, it will take any corporate
action which may be necessary in order that the Company may validly and legally
issue fully paid and nonassessable shares of such Common Stock at such adjusted
Current Warrant Price;

                  (c) if any shares of Common Stock required to be reserved for
the purposes of the exercise of this Warrant require registration with or
approval of any governmental authority under any federal law (other than the
Act) or under any state law before such shares may be

                                       12
<PAGE>   13

issued upon exercise of this Warrant, the Company will, at its expense, as
expeditiously as possible, cause such shares to be duly registered or approved,
as the case may be;

                  (d) this Warrant shall be binding upon any corporation
succeeding to the Company by merger, consolidation or acquisition of all or
substantially all of the Company's assets.

                                    ARTICLE 7
                         CERTAIN COVENANTS OF THE HOLDER

         The Holder represents, warrants, covenants and agrees that:

                  (a) this transaction is exempt from the Act and, accordingly
neither the Warrant nor the Warrant Shares have been registered under the Act;
they are acquiring the Warrant and Warrant Shares for investment purposes only
and not with a view to or for resale in connection with any distribution of the
Warrant or Warrant Shares, nor with any present intention of distribution
(within the meaning of the Act) of the Warrant or Warrant Shares; because the
Warrant and Warrant Shares will not have been registered under the Act, the
Company will not permit the transfer of such shares without registration under
the Act, or upon the issuance to the Company of a favorable opinion of its
counsel to the effect that such transfer, whether pursuant to Rule 144 of the
Act or otherwise, shall not be in violation of the Act, and any applicable state
security laws; and the share certificates representing the Warrant Shares will
be issued with a restrictive legend providing notice of such restriction;

                  (b) Holder has had an opportunity to ask questions of, and
receive answers from, appropriate officers and representatives of the Company
concerning the terms and conditions of the issuance of this Warrant and the
Warrant Shares and to obtain any additional information concerning the Company
which they have requested; and

                  (c) the Company has made available for inspection by them
various documents connected with the Company's business and has not refused in
any way to permit them to inspect any document requested to be inspected by
them.

                                    ARTICLE 8
                                     NOTICE

        Any notice or other document required to be given or delivered to the
Warrantholder shall be delivered at, or sent by certified or registered mail to,
such Holder at the last address shown on the books of the Company maintained at
the Warrant Office for the registration and registration of transfer of the
Warrants or at any more recent address of which any Warrantholder shall have
notified the Company in writing. Any notice or other document required or
permitted to be given or delivered to holders of record of outstanding Warrant
Shares shall be delivered at, or sent by certified or registered mail to, each
such holder at such holder's address as the same appears on the stock records of
the Company. Any notice or other document required or permitted to be given or
delivered to the Company, other than such notice or documents required

                                       13
<PAGE>   14

to be delivered to the Warrant Office, shall be delivered at, or sent by
certified or registered mail to, the office of the Company at 9677 Tradeport
Drive, Orlando, Florida 32827, or such other address within the United States of
America as shall have been furnished by the Company to the Warrantholders and
the holders of record of Warrant Shares. Any notice or other document sent by
certified or registered mail, return receipt requested, shall be deemed to have
been delivered and received when sent if the receipt is appropriately completed
and returned. Notices or documents delivered in any other manner than as set
forth above shall be deemed to have been delivered only when and if received.

                                    ARTICLE 9
                            LIMITATIONS OF LIABILITY;
                                NOT STOCKHOLDERS

        No provision of this Warrant shall be construed as conferring upon the
holder hereof the right to vote, consent, receive dividends or receive notice
other than as herein expressly provided in respect of meetings of stockholders
for the election of directors of the Company or any other matter whatsoever as a
stockholder of the Company. No provision hereof, in the absence of affirmative
action by the holder hereof to purchase shares of Common Stock, and no mere
enumeration herein of the rights or privileges of the holder hereof, shall give
rise to any liability of such holder for the purchase price of any Warrant
Shares or as a stockholder of the Company, whether such liability is asserted by
the Company or by creditors of the Company.

                                   ARTICLE 10
                       LOSS, DESTRUCTION, ETC. OF WARRANTS

        Upon receipt of evidence satisfactory to the Company of the loss, theft,
mutilation or destruction of any Warrant, and in the case of any such loss,
theft or destruction upon delivery of a bond of indemnity in such form and
amount as shall be reasonably satisfactory to the Company, or in the event of
such mutilation upon surrender and cancellation of the Warrant, the Company will
make and deliver a new Warrant, of like tenor, in lieu of such lost, stolen,
destroyed or mutilated Warrant. Any Warrant issued under the provisions of this
Article 9 in lieu of any Warrant alleged to be lost, destroyed or stolen, or in
lieu of any mutilated Warrant, shall constitute an original contractual
obligation on the part of the Company.

                                   ARTICLE 10
                                  LAW GOVERNING

         This Warrant shall be governed by, and construed and enforced in
accordance with, the law of the State of Florida, without reference to its
choice of law principles.

                                   ARTICLE 11
                             SUCCESSORS AND ASSIGNS

         The rights and obligations of the parties hereunder shall be binding
upon and inure to the benefit of their respective successors and assigns.

                                       14
<PAGE>   15

         IN WITNESS WHEREOF, the Company has caused this Warrant to be signed in
its name effective as of the 18th day of October, 1999.

                                     WORLD COMMERCE ONLINE, INC.

                                     By:  /s/ Robert Shaw
                                        ---------------------------------------
                                          Robert Shaw
                                          President and Chief Executive Officer

                                       15
<PAGE>   16

                               SUBSCRIPTION NOTICE

World Commerce Online, Inc.

        The undersigned, the holder of the foregoing Warrant, hereby elects to
exercise purchase rights represented by said Warrant for, and to purchase
thereunder, _______ shares of the Common Stock covered by said Warrant and (a)
herewith (1) makes payment in full therefor of $___________ by certified or
official bank check payable to the order of the Company, or (2) surrenders to
the Company that number of warrants required for full payment of the shares to
be purchased; and (b) requests (1) that certificates for such shares (and any
securities or other property issuable upon such exercise) be issued in the name
of and delivered to _______________________________, whose address is
________________________________ and (2) if such shares shall not include all of
the shares issuable as provided in said Warrant, that a new Warrant of like
tenor and date for the balance of the shares issuable thereunder be delivered to
the undersigned.

                                            ------------------------------------
                                            Signature Guaranteed:

Dated:
      ----------------------------

                                   ASSIGNMENT

         FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers
unto ______________ the rights represented by the foregoing Warrant of World
Commerce Online, Inc. and appoints ______________________________ attorney to
transfer said rights on the books of said corporation, with full power of
substitution in the premises.

                                            ------------------------------------
                                            Signature Guaranteed:

Dated:
      ----------------------------

                                       16

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