Document:

Unassociated Document

    FORM
      OF
      RESTRICTED STOCK UNIT AGREEMENT

     

    UNDER
      THE
      EPIX PHARMACEUTICALS, INC.

    AMENDED
      AND RESTATED 2003 STOCK INCENTIVE PLAN

     

    Name
      of
      Grantee: _____________________

    No.
      of
      Restricted Stock Units Granted: ________________________

    Grant
      Date: ____________________________

     

    Pursuant
      to the EPIX Pharmaceuticals, Inc. 2003 Amended and Restated Stock Incentive
      Plan
      (the “Plan”) as amended through the date hereof, EPIX Pharmaceuticals, Inc. (the
“Company”) hereby grants a deferred stock award consisting of the number of
      Restricted Stock Units listed above (an “Award”) to the Grantee named above.
      Each Restricted Stock Unit shall relate to one share of Common Stock, par value
      $0.01 per share (the “Stock”) of the Company specified above, subject to the
      restrictions and conditions set forth herein and in the Plan.

     

    1. Acceptance
      of Award.
      The
      Grantee shall have no rights with respect to this Award unless he or she shall
      have accepted this Award by signing and delivering to the Company a copy of
      this
      Award Agreement.

     

    2. Restrictions
      on Transfer of Award.

     

    (a) The
      Award
      may not be sold, transferred, pledged, assigned or otherwise encumbered or
      disposed of by the Grantee until (i) the Restricted Stock Units have vested
      as
      provided in Section 3 of this Agreement and (ii) shares of Stock have been
      issued to the Grantee.

     

    (b) If
      the
      Grantee’s employment with the Company and its Subsidiaries is voluntarily or
      involuntarily terminated for any reason prior to the satisfaction of the vesting
      conditions set forth in Section 3 below, any Restricted Stock Units that have
      not vested as of such date shall automatically and without notice terminate,
      be
      forfeited and be and become null and void, and neither the Grantee nor any
      of
      his or her successors, heirs, assigns, or personal representatives will
      thereafter have any further rights or interests in such unvested Restricted
      Stock Units. 

     

    3. Vesting
      of Restricted Stock Units.
      The
      restrictions and conditions in Section 2 of this Agreement shall lapse on
      the Vesting Date or Dates specified in the following schedule so long as the
      Grantee remains an employee of the Company or a Subsidiary on such Dates. If
      a
      series of Vesting Dates is specified, then the restrictions and conditions
      in
      Section 2 shall lapse only with respect to the number of Restricted Stock
      Units specified as vested on such date. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              Number
                of

              Units
                Vested

            	
              Vesting
                Date

            
	 	 
	
              _____________    (___%)

            	
              ____________

            
	
              _____________    (___%)

            	
              ____________

            
	
              _____________    (___%)

            	
              ____________

            
	
              _____________    (___%)

            	
              ____________

            
	
              _____________    (___%)

            	
              ____________

            

    

    

     

    The
      Committee may at any time accelerate the vesting schedule specified in this
      Section 3.

     

    4. Dividend
      Equivalents.
      

     

    (a) If
      on any
      date the Company shall pay any dividend on shares of Stock of the Company,
      the
      number of Restricted Stock Units credited to the Grantee shall, as of such
      date,
      be increased by an amount determined by the following formula:

     

    W
      = (X
      multiplied by Y) divided by Z, where:

     

    W
      = the
      number of additional Restricted Stock Units to be credited to the Grantee on
      such dividend payment date;

     

    X
      = the
      aggregate number of Restricted Stock Units (whether vested or unvested) credited
      to the Grantee as of the record date of the dividend;

     

    Y
      = the
      cash dividend per share amount; and 

     

    Z
      = the
      Fair Market Value per share of Stock (as determined under the Plan) on the
      dividend payment date.

     

    (b) 
      In the
      case of a dividend paid on Stock in the form of Stock, including without
      limitation a distribution of Stock by reason of a stock dividend, stock split
      or
      otherwise, the number of Restricted Stock Units credited to the Grantee shall
      be
      increased by a number equal to the product of (i) the aggregate number of
      Restricted Stock Units that have been awarded to the Grantee through the related
      dividend record date, and (ii) the number of shares of Stock (including any
      fraction thereof) payable as dividend on one share of Stock. Any additional
      Restricted Stock Units shall be subject to the vesting and restrictions of
      this
      Agreement in the same manner and for so long as the Restricted Stock Units
      granted pursuant to this Agreement to which they relate remain subject to such
      vesting and restrictions, and shall be promptly forfeited to the Company if
      and
      when such Restricted Stock Units are so forfeited.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    5. Receipt
      of Shares of Stock.
      

     

    (a) As
      soon
      as practicable following each Vesting Date, the Company shall issue to the
      Grantee a certificate representing the number of shares of Stock equal to the
      aggregate number of Restricted Stock Units credited to the Grantee that have
      vested pursuant to Section 3 of this Agreement on such date and the Grantee
      shall thereafter have all the rights of a stockholder of the Company with
      respect to such shares, including voting and dividend rights, and such shares
      of
      Stock shall not be restricted by the provisions hereof.

     

    (b) In
      the
      event that the Board of Directors in its discretion determines that any stock
      dividend, split-up, combination or reclassification of shares, recapitalization
      or other similar capital change affects the Stock of the Company such that
      adjustment is required in order to preserve the benefits or potential benefits
      of the Restricted Stock Units granted under this Agreement, the number of
      Restricted Stock Units subject to this Agreement shall be appropriately adjusted
      by the Committee (whose determination shall be conclusive).

     

    (c) Upon
      the
      occurrence of an Acquisition Event (as defined below) (regardless of whether
      such event also constitutes a Change in Control (as defined below)), the
      Committee shall provide that the Restricted Stock Units granted under this
      Agreement shall be assumed, or equivalent restricted stock units shall be
      substituted, by the acquiring or succeeding corporation (or an affiliate
      thereof) provided that if such Acquisition Event also constitutes a Change
      in
      Control, except to the extent specifically provided to the contrary in this
      Agreement or any other agreement between the Grantee and the Company, the
      restrictions and conditions of such assumed or substituted Restricted Stock
      Units shall immediately lapse in full if, on or prior to eighteen (18) months
      following the date of the consummation of the Change in Control, a Termination
      Event (as defined below) occurs.

     

    (d) Notwithstanding
      the foregoing, if the acquiring or succeeding corporation (or an affiliate
      thereof) does not agree to assume, or substitute for, the Restricted Stock
      Units
      granted under this Agreement, then the Committee shall issue to the Grantee
      the
      number of shares of Stock equal to the aggregate number of Restricted Stock
      Units credited to the Grantee on such date in full satisfaction of such
      Restricted Stock Units; provided, however, that in the event the Company is
      involved in a transaction in which shares of Stock will be exchanged for cash
      or
      other consideration, the Grantee shall receive cash or other consideration
      equal
      in value to the aggregate number of Restricted Stock Units credited to the
      Grantee on the date of the Acquisition Event.

     

    (e) Following
      the occurrence of a Change in Control that does not also constitute an
      Acquisition Event, except to the extent specifically provided to the contrary
      in
      this Agreement or any other agreement between the Grantee and the Company,
      the
      restrictions and conditions of the Restricted Stock Units granted under this
      Agreement shall immediately lapse in full if, on or prior to eighteen (18)
      months following the date of the consummation of the Change in Control, a
      Termination Event occurs.

     

    (f) An
      “Acquisition Event” shall mean:

     

    (i) any
      merger or consolidation of the Company with or into another entity as a result
      of which the Stock is converted into, or exchanged for, the right to receive
      cash, securities or other property;

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    (ii) any
      exchange of shares of the Company for cash, securities or other property
      pursuant to a statutory share exchange transaction;

     

    (iii) any
      sale
      or exchange of all or substantially all of the assets of the Company in one
      (1)
      transaction or in a series of transactions; or

     

    (iv) a
      reorganization or liquidation of the Company.

     

    (g) “Change
      in Control” means the occurrence of any of the following events:

     

    (i) Merger/Sale
      of Assets. (A) A merger or consolidation of the Company whether or not approved
      by the Board of Directors, other than a merger or consolidation which would
      result in the voting securities of the Company outstanding immediately prior
      thereto continuing to represent (either by remaining outstanding or by being
      converted into voting securities of the surviving entity or the parent of such
      corporation) at least 50% of the total voting power represented by the voting
      securities of the Company or such surviving entity or parent of such corporation
      outstanding immediately after such merger or consolidation, or (B) the
      stockholders of the Company approve an agreement for the sale or disposition
      by
      the Company of all or substantially all of the Company’s assets; or

     

    (ii) Ownership.
      Any “Person” (as such term is used in Sections 13(d) and 14(d) of the Securities
      Exchange Act of 1934, as amended) becomes the “Beneficial Owner” (as defined in
      Rule 13d-3 under said Act), directly or indirectly, of securities of the Company
      representing 50% or more of the total voting power represented by the Company’s
      then outstanding voting securities (excluding for this purpose the Company
      or
      its Affiliates or any employee benefit plan of the Company) pursuant to a
      transaction or a series of related transactions which the Board of Directors
      does not approve.

     

    (h) “Cause”
      shall mean (i) conviction of any felony or any crime involving moral turpitude
      or dishonesty; (ii) participation in a fraud or act of dishonesty against the
      Company (or, if applicable, a successor corporation to the Company); (iii)
      willful and material breach of the Company’s policies (or, if applicable, a
      successor corporation to the Company); (iv) intentional and material damage
      to
      the Company’s property (or, if applicable, a successor corporation to the
      Company); or (v) material breach of the Grantee’s confidentiality obligations or
      duties under the Grantee’s nondisclosure, noncompetition or other similar
      agreement with the Company (or, if applicable, a successor corporation to the
      Company).

     

    (i) “Termination
      Event” shall mean the termination of the Grantee’s employment (i) by the Company
      or the acquiring or succeeding corporation without Cause; or (ii) by the Grantee
      upon written notice given promptly after the Company’s or the acquiring or
      succeeding corporation’s taking any of the following actions, which actions
      shall not have been cured within a 30-day period following such notice: (A)
      the
      principal place of the performance of the Grantee’s responsibilities (the
“Principal Location”) is changed to a location outside of a 30-mile radius from
      the Principal Location immediately prior to the Change in Control event;
      (B) there is a material reduction in the Grantee’s salary; or (C) there is
      a material diminution in the scope of the Grantee’s responsibilities without the
      Grantee’s agreement or without Cause (excluding increases in responsibility and
      lateral moves to jobs with similar descriptions).

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    6. Incorporation
      of Plan.
      Notwithstanding anything herein to the contrary, this Agreement shall be subject
      to and governed by all the terms and conditions of the Plan. Capitalized terms
      in this Agreement shall have the meaning specified in the Plan, unless a
      different meaning is specified herein.

     

    7. Tax
      Withholding.
      The
      Grantee shall, not later than the date as of which the receipt of this Award
      becomes a taxable event for Federal income tax purposes, pay to the Company
      or
      make arrangements satisfactory to the Administrator for payment of any Federal,
      state, and local taxes required by law to be withheld on account of such taxable
      event. The Grantee may elect to have such minimum tax withholding obligation
      satisfied, in whole or in part, by authorizing the Company to withhold from
      shares of Stock to be issued.

     

    8. No
      Obligation to Continue Employment.
      Neither
      the Company nor any Subsidiary is obligated by or as a result of the Plan or
      this Agreement to continue the Grantee in employment and neither the Plan nor
      this Agreement shall interfere in any way with the right of the Company or
      any
      Subsidiary to terminate the employment of the Grantee at any time.

     

    9. Notices.
      Notices
      hereunder shall be mailed or delivered to the Company at its principal place
      of
      business and shall be mailed or delivered to the Grantee at the address on
      file
      with the Company or, in either case, at such other address as one party may
      subsequently furnish to the other party in writing.

    
       

      
        	 	 	 
	 	EPIX PHARMACEUTICALS, INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
                

              
	 	Title:

      

       

      The
        foregoing Agreement is hereby accepted and the terms and conditions thereof
        hereby agreed to by the undersigned.

       

      
        	 	 	 
	 	 
	 
 	 
 	 
 
	Dated:______________________________	 	 
	 	
                
Grantee's
                Signature
	 	 
	 	 

                Grantee’s
                  name and address:

              
	 	 
	 	 
	 	 
	 	 
	 	 

      

       

      
        
           

        

        
          5________________________

              	 
	
                Name
                  of Subscriber

              	
                Memorandum
                  No._________

              

      

    

    

    SUBSCRIPTION
      AGREEMENT AND INVESTOR QUESTIONNAIRE

     

    GEEKS
      ON
      CALL HOLDINGS, INC.

     

    Minimum
      Offering of $3,000,000 (300 Units)

    Maximum
      Offering of $5,000,000 (500 Units)

    Offering
      Price $10,000 per Unit

     

    THE
      SECURITES OFFERED HEREBY ARE HIGHLY SPECULATIVE AND INVOLVE A HIGH DEGREE OF
      RISK AND IMMEDIATE DILUTION AND MAY BE PURCHASED ONLY BY PERSONS WHO QUALIFY
      AS
“ACCREDITED INVESTORS” UNDER RULE 501 (a) OF REGULATION D UNDER THE SECURITIES
      ACT OF 1933, AS AMENDED.

     

    THIS
      DOCUMENT HAS NOT BEEN FILED WITH OR REVIEWED BY THE UNITED STATES SECURITIES
      AND
      EXCHANGE COMMISSION OR ANY OTHER COMMISSION OR REGULATORY AUTHORITY, AND HAS
      NOT
      BEEN FILED WITH OR REVIEWED BY THE ATTORNEY GENERAL OF ANY STATES NOR HAS ANY
      SUCH COMMISSION, AUTHORITY OR ATTORNEY GENERAL DETERMINED WHETHER IT IS ACCURATE
      OR COMPLETE OR PASSED UPON OR ENDORSED THE MERITS OF THIS OFFERING. ANY
      REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. 

     

    ____________________

     

    

     

    Placement
      Agent:

    First
      Montauk Securities Corp.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SUBSCRIPTION
      AGREEMENT AND INVESTOR QUESTIONNAIRE

     

    THIS
      SUBSCRIPTION AGREEMENT AND INVESTOR QUESTIONNAIRE IS TO BE COMPLETED BY EACH
      PERSON WHO DESIRES TO PURCHASE SECURITIES OF GEEKS ON CALL HOLDINGS, INC. (THE
      “COMPANY”)
      IN
      CONNECTION WITH THE PROPOSED PRIVATE PLACEMENT (THE “OFFERING”)
      OF UP
      TO 500 UNITS( NOT INCLUDING AN OVERALLOTMENT OPTION OF AN ADDITIONAL 100 UNITS)
      , EACH UNIT COMPIRSED OF (A) 5,000 SHARES OF COMMON STOCK OF THE COMPANY AND
      (B)
      WARRANTS TO PURCHASE 2,500 SHARES OF COMMON STOCK (THE “SECURITIES”) AS
      DESCRIBED IN THE CONFIDENTIAL PRIVATE PLACEMENT MEMORANDUM DATED AS OF OCTOBER
      22, 2007, AS AMENDED AND SUPPLEMENTED (THE “MEMORANDUM”).

     

    THIS
      MATERIAL DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER
      TO
      BUY ANY SECURITIES. THE OFFERING WILL BE MADE SOLELY PURSUANT TO THE TERMS
      AND
      CONDITIONS OF THE MEMORANDUM WHICH CONTAINS MATERIAL INFORMATION REQUIRED TO
      BE
      REVIEWED IN CONNECTION WITH ANY INVESTMENT DECISION. ALL TERMS NOT DEFINED
      HEREIN SHALL HAVE THE MEANING ASCRIBED TO THEM IN THE MEMORANDUM.

     

    INSTRUCTIONS:

     

    Items
      to
      be delivered by all Subscribers:

     

    
      	 	
              a.

            	
              One
                (1) completed and executed Subscription Agreement and Investor
                Questionnaire.

            

    

    
      	 	
              b.

            	
              Payment
                in the amount of subscription, by wire transfer of funds or check.
                All
                checks should be made payable to “SIGNATURE BANK AS ESCROW AGENT FOR GEEKS
                ON CALL AMERICA, INC.”

            

    

    

    For
      Information and Wire Transfer Instructions:

     

    Placement
      Agent:

    First
      Montauk Securities Corp.

    Parkway
      109 Office Center

    328
      Newman Springs Road

    Red
      Bank,
      New Jersey 07701

    Tel.:
      (732) 842-4700

    Attention:
      Ernest Pellegrino

    

    THE
      SUBSCRIBER IS RESPONSIBLE FOR ALL WIRE TRANSFER FEES.

     

    
      
        
        

      

      
        -
          2 -

        
          

        

      

      
        
        

      

    

    The
      Units
      comprised of shares of Common Stock and the Warrants (collectively the
“Securities”)
      of the
      Company, as well as the terms of the Offering, which are described in the
      Memorandum, are being offered without registration under the Securities Act
      of
      1933, as amended (the “Act”),
      or
      the securities laws of any state or any other jurisdiction, in reliance on
      the
      exemption contained in Section 4(2) of the Act and Regulation D promulgated
      thereunder and on similar exemptions under applicable state laws. Under
      Regulation D of the Act and/or certain state laws, the Company is required
      to
      determine that an individual, or an individual together with a “Subscriber
      representative” or each individual equity owner of an “investing entity” meets
      certain suitability requirements before selling Securities to such individual
      or
      entity. You understand that the Company and the Placement Agent will rely upon
      the following information to determine whether you meet such suitability
      requirements.

     

    THE
      COMPANY WILL NOT SELL SECURITIES TO ANY SUBSCRIBER WHO HAS NOT FILLED OUT,
      AS
      THOROUGHLY AS POSSIBLE, EXECUTED AND DELIVERED THIS SUBSCRIPTION AGREEMENT
      AND
      INVESTOR QUESTIONNAIRE (THE “SUBSCRIPTION
      AGREEMENT.”)
      IN
      THE CASE OF A SUBSCRIBER THAT IS A PARTNERSHIP, TRUST, CORPORATION OR OTHER
      ENTITY, AN AUTHORIZED OFFICER, OR GENERAL PARTNER OR EACH EQUITY OWNER OR
      BENEFICIARY, AS APPLICABLE, MUST COMPLETE THIS SUBSCRIPTION AGREEMENT. This
      Subscription Agreement is merely a request for information and does not
      constitute an offer to sell or a solicitation of an offer to buy the Units.
      No
      sale will occur prior to the acceptance of any subscription by the Company
      and
      the Placement Agent. The Company and First Montauk, as Placement Agent, reserve
      the right to reject any subscription for any reason or to accept subscriptions
      for less than the minimum subscription of $50,000 (5 Units). The Company and
      First Montauk will promptly return any money without interest thereon or
      deduction therefrom to a Subscriber whose subscription is rejected in whole
      or
      in part as the case may be. Subscribers should also understand that they may
      be
      required to furnish additional information to the Company.

     

    THE
      SUBSCRIPTION SHALL NOT BE BINDING UPON THE UNDERSIGNED SUBSCRIBER UNTIL (A)
      THE
      SUBSCRIBER HAS HAD AN OPPORTUNITY TO REVIEW A SUPPLEMENT TO THE MEMORANDUM
      DESCRIBING ALL OF THE MATERIAL TERMS OF THE COMPANY’S MERGER TRANSACTION WITH
      GEEKS ON CALL AMERICA, INC., A VIRGINIA CORPORATION AND CONFIRMS HIS
      SUBSCRIPTION AND (B) THE COMPANY AND THE PLACEMENT ACCEPT SUCH
      SUBSCRIPTION

     

    The
      Securities are being offered by the Company through First Montauk, as Placement
      Agent. The purpose of this Subscription Agreement is to determine whether you
      meet certain standards, because the Securities will not be registered under
      the
      Act and will be sold only to persons who are “Accredited Investors,” as that
      term is defined in Rule 501(a) of Regulation D, promulgated under the
      Act.

     

    Your
      answers to the Subscription Agreement questions will be kept confidential.
      At
      all times, however, you hereby agree that the Company may present this
      Subscription Agreement to such parties as it deems appropriate in order to
      assure itself that the offer and the sale of the Units to you will not result
      in
      violations of federal or state securities laws which are being relied upon
      by
      the Company in connection with the offer and sale thereof and as otherwise
      required by law or any regulatory authority.

     

    
      
        
        

      

      
        -
          3 -

        
          

        

      

      
        
        

      

    

    Please
      type or clearly print your answers, and state “none” or “not applicable” when
      appropriate. Please complete Section A and each other section you are requested
      to complete in Question A3. If there is insufficient space for any of your
      answers, please attach additional pages. If the Units are to be owned by more
      than one individual or by a corporation or partnership, you may need extra
      copies of this Subscription Agreement. You may use photocopies or request extra
      copies from the Company or the Placement Agent.

     

    SECTION
      A: SUBSCRIBER INFORMATION

     

    
      	
              Al.

            	
              Name(s)
                of SUBSCRIBER(s):

            	 ________________________________________
	 	 	 ________________________________________ 
	 	 	 ________________________________________
	 	 	 
	
              A2.

            	
              Principal
                Amount of Units Subscribed for: (Minimum Subscription is $50,000
                (5
                Units))

            	
               

              $____________

            
	 	 	 
	
              A3.

            	
              Manner
                of Ownership of Securities:

            	 
	 	 	 
	
              _____

            	
              One
                Individual

            	
              Please
                complete Sections A, B and C.

            
	 	 	 
	
              _____

            	
              Husband
                and Wife Tenants by the Entirety

            	
              Please
                have one spouse complete Sections A and B. Please have both spouses
                complete Section C.

            
	 	 	 
	
              _____

            	
              Tenants
                in Common

            	
              Please
                have each individual separately complete Sections A, B and
                C.

            
	 	 	 
	
              _____

               

            	
              Joint
                Tenants with Right of Survivorship - Two 

              or
                more Individuals (but not husband and wife)

            	
              Please
                have each individual separately complete Section A, B and C.

               

            
	 	 	 
	
              _____

               

            	
              Corporate
                Ownership

               

            	
              Please
                complete Section A, B, D and, if applicable, E and F for the corporation.
                If the corporation does not qualify as an “accredited investor” on its
                own, please have each person who owns an equity interest in the
                corporation separately complete Sections B and, if applicable, C,
                D, E and
                F.

            
	 	 	 
	
              _____

               

            	
              Partnership
                Ownership

               

            	
              Please
                complete Sections A, B and D, and have each general partner and limited
                partner separately complete Sections B, C, D, E and F, if
                applicable.

            
	 	 	 
	
              _____

               

            	
              Trust
                Ownership

               

            	
              Please
                complete Sections A, B and F, if applicable, and have each beneficiary
                and
                trustee of the trust separately complete Sections B, C, D, E and
                F, if
                applicable.

            

    

    
      
        
        

      

      
        -
          4 -

        
          

        

      

      
        
        

      

    

    FINRA
      Affiliation.
      Please
      state whether you or any of your associates or affiliates (which includes your
      spouse, in-laws, children and parents): (i) are a member or a person associated
      (including as an employee, officer, director or partner) with a member of the
      Financial Industry Regulatory Authority ( “FINRA”),
      (ii)
      are an owner of stock or other securities of an FINRA member, (iii) have made
      a
      subordinated loan to any FINRA member, or (iv) are a relative or member of
      the
      same household of any person meeting the description set forth in clauses (i)
      through (iii) above.

     

    
      	
              ______

            	
              ______

            
	
              Yes

            	
              No

            

    

    

    If
      you
      marked yes above, please briefly describe the FINRA relationship
      below:

     

    
      	  
              _________________________________________________________________________________________________________
	 
	  
              _________________________________________________________________________________________________________
	 
	  
              _________________________________________________________________________________________________________

    

    

    SECTION
      B: ACCREDITED INVESTOR STATUS

     

    
      	
              B1.

            	
              Please
                check one or more of the following definitions of “Accredited
                Investor,”
                if any, which applies to you. If none of the following applies to
                you,
                please leave blank.

            

    

     

    
      	
              _____
                (a)

            	
              A
                “Bank” as defined in Section 3(a)(2) of the Act, or any savings and loan
                association or other institution as defined in Section 3(a)(5)(A)
                of the
                Act whether acting in its individual or fiduciary
                capacity;

            
	 	 
	
              _____
                (b)

            	
              Any
                broker or dealer registered pursuant to Section 15 of the Securities
                Exchange Act of 1934 (the “Exchange Act”);

            
	 	 
	
              _____
                (c)

            	
              An
                insurance company as defined in Section 2(13) of the
                Act;

            
	 	 
	
              _____
                (d)

            	
              An
                investment company registered under the Investment Company Act of
                1940
                (the “1940 Act”) or a business development company as defined in
                Section 2(a)(48) of the 1940 Act;

            
	 	 
	
              _____
                (e)

            	
              A
                “Small Business Investment Company” licensed by the U.S. Small Business
                Administration under Section 301(c) or (d) of the Small Business
                Investment Act of 1958;

            
	 	 
	
              _____
                (f)

            	
              A
                plan established and maintained by a state, or its political subdivisions,
                or any agency or instrumentality of a state or its political subdivisions
                for the benefit of its employees, if such plan has total assets in
                excess
                of $5,000,000;

            
	 	 
	
              _____
                (g)

               

            	
              Any
                employee benefit plan within the meaning of the Employee Retirement
                Income
                Security Act of 1974, as amended, if the investment decision is made
                by a
                plan fiduciary, as defined in Section 3(21) of such Act, which is
                either a
                bank, savings and loan association, insurance company, or registered
                investment advisor, or if the employee benefit plan has total assets
                in
                excess of $5,000,000 or, if a self-directed plan, with investment
                decisions made solely by persons that are Accredited
                Investors.

            

    

     

    
      
        
        

      

      
        -
          5 -

        
          

        

      

      
        
        

      

    

    

    
      	
              ______
                (h)

            	
              A
                “Private Business Development Company” as defined in Section 202(a)(22) of
                the Investment Advisers Act of 1940.

            
	 	 
	
              ______
                (i)

            	
              An
                organization described in Section 501(c)(3) of the Internal Revenue
                Code,
                corporation or similar business trust, or partnership, not formed
                for the
                specific purpose of acquiring the Securities, with total assets in
                excess
                of $5,000,000.

            
	 	 
	
              ______
                (j)

            	
              A
                natural person whose individual net worth,* or joint net worth with
                that
                person’s spouse, at the time of purchase exceeds
                $1,000,000.

            
	 	 
	
              ______
                (k)

            	
              A
                natural person who had an individual income** in excess of $200,000
                in
                each of the two most recent years or joint income with that person’s
                spouse in excess of $300,000 in each of those years and has a reasonable
                expectation of reaching the same income level in the current
                year.

            
	 	 
	
              ______
                (l)

            	
              A
                trust, with total assets in excess of $5,000,000, not formed for
                the
                specific purpose of acquiring the Securities, whose purchase is directed
                by a sophisticated person as described in Rule 506(b)(2)(ii) of Regulation
                D promulgated under the Act.

            
	 	 
	
              ______
                (m)

               

            	
              Any
                entity in which all of the equity owners are Accredited
                Investors.***

               

            

    

    ________________

     

    
      	
              *

            	
              For
                purposes hereof net worth shall be deemed to include ALL of your
                assets,
                liquid or illiquid (including such items as home, furnishings, automobile
                and restricted securities) MINUS any liabilities (including such
                items as
                home mortgages and other debts and liabilities).

            
	 	 
	
              **

            	
              For
                purposes hereof the term “income” is not limited to “adjusted gross
                income” as that term is defined for federal income tax purposes, but
                rather includes certain items of income which are deducted in computing
                “adjusted gross income.” For Subscribers who are salaried employees, the
                gross salary of such Subscribers, minus any significant expenses
                personally incurred by such Subscriber in connection with earning
                the
                salary, plus any income from any other source including unearned
                income,
                is a fair measure of “income” for purposes hereof. For Subscribers who are
                self-employed, “income” is generally construed to mean total revenues
                received during the calendar year minus significant expenses incurred
                in
                connection with earning such revenues.

            
	 	 
	
              ***

               

            	
              If
                the Subscriber intends to qualify under (m), then all owners of the
                entity
                must complete a Subscription Agreement as an individual.

               

            

    

    
      
        
        

      

      
        -
          6 -

        
          

        

      

      
        
        

      

    

    SECTION
      C: INDIVIDUAL INFORMATION 

     

    
      	
              C1.

               

            	
              General
                Information

               

            
	 	
              Name:
                _____________________________________________________________________________________

            
	 	 	 	 
	 	
              Age:
                ______________________________________

            	 	
              Social
                Security Number: __________________

            
	 	 	 	 
	 	
              Marital
                status: _______________________________

            	 	
              Spouse’s
                name: ________________________

            

    

    

    If
      the
      Securities are to be owned by two or more individuals (not husband and wife),
      are you related to any other co-owner(s)?

     

    
      	
              ______

            	
              ______

            
	
              Yes

            	
              No

            

    

     

    If
      Yes,
      please explain the relationship(s):

     

    
      	 
              _________________________________________________________________________________________________________
	 
	  
              _________________________________________________________________________________________________________

    

    

    
      	
              C2.

            	
              Principal
                Residence

            
	 	 	 
	 	
              Address: 

            	____________________________________________________
	 	
               

            	
              Number                 Street
                

            
	 	 	____________________________________________________
	 	 	
              City                   State             Zip
                Code

            
	 	 	____________________________________________________
	 	 	
              Country
                

            

    

     

    
      
        	 	
                Mailing
                  address (if other than principal residence address
                  above):

              

      

    

     

    
      	 	____________________________________________________
	 	
              Number                 Street

            
	 	____________________________________________________
	 	
              City                   State             Zip
                Code

            
	 	____________________________________________________
	 	
              Country

            

    

     

    
      
        
        

      

      
        -
          7 -

        
          

        

      

      
        
        

      

    

    
      

      
        	 	
                Telephone
                  number: __________________

              
	 	 
	 	
                Facsimile
                  number: ___________________

              
	 	 
	 	
                Email
                  address: ______________________

              

      

       

      
        	
                C3.

              	
                Current
                  employment or business activity:

              
	 	 
	 	
                Company
                  name:
                  __________________________________________________________________________________

              
	 	 
	 	
                Address:
                  _______________________________________________________________________________________

              
	 	
                                Number                      Street

              
	 	             ____________________________________________________________________________
	 	
                                City                         State                 Zip
                  Code

              
	 	 
	 	
                Principal
                  business:
                  ________________________________________________________________________________

              
	 	 
	 	
                Position
                  and title:
                  _________________________________________________________________________________

              
	 	 
	 	
                Years
                  employed at current position:
                  ___________________________________________________________________

              
	 	 
	
                C4.

              	
                Education:     
                  Please describe your business or professional education or training,
                  listing any schools you have attended and degrees you have
                  received.

              

      

       

      
        	
                Dates

              	
                School

              	
                Degrees
                  and

                Major
                  (if any)

              
	 	 	 
	 ______________	__________________________________	 ________________________
	 	 	 
	 ______________	__________________________________ 	 ________________________
	 	 	 
	 ______________	__________________________________ 	 ________________________
	 	 	 

      

      

      
        	
                C5.

              	
                Net
                  worth, inclusive of the net worth of your spouse and the value
                  of your
                  principal residence, furnishings therein and personal automobile
                  and other
                  assets (IT IS IMPORTANT THAT YOU CHECK THE HIGHEST APPLICABLE AMOUNT)
                  exclusive of any liabilities:

              

      

       

      
        	
                o
below
                  $249,999

              	 
	
                o
$250,000
                  to
                  $349,999

              	
                o
$350,000
                  to
                  $699,999

              
	
                o
$700,000
                  to
                  $799,999

              	
                o
$800,000
                  to
                  $1,000,000

              
	
                o
$1,000,000
                  to
                  $1,249,999

              	
                o
over
                  $1,250,000

              

      

       

    

    
      
        
        

      

      
        -
          8 -

        
          

        

      

      
        
        

      

    

    

    
      	
              C6.

            	
              Net
                worth: Your net worth, inclusive of the net worth of your spouse
                and
                excluding the value of your principal residence, furnishings therein
                and
                personal automobiles and exclusive of any
                liabilities:

            

    

     

    
      	
              o
below
                $249,999

            	 
	
              o
$250,000
                to
                $349,999

            	
              o
$350,000
                to
                $699,999

            
	
              o
$700,000
                to
                $799,999

            	
              o
$800,000
                to
                $1,000,000

            
	
              o
$1,000,000
                to
                $1,249,999

            	
              o
over
                $1,250,000

            

    

     

    
      	
              C7.

            	
              Indicate
                (a) your individual income from all sources for the calendar years
                2005
                and 2006 and estimated income for calender year 2007 or (b) your
                joint
                income with your spouse from all sources for the calendar years 2005
                and
                2006 and estimated income for calendar year 2007 (It is important
                that you
                check the highest applicable amount; for guidance in computing “income”
                for purposes of this Subscription Agreement, see the notes at the
                end of
                “Section B: Accredited Investor
                Status.”):

            

    

     

    
      	
            	(a)	
              individual
                income:

            

    

     

    
      	 	
               

            	
              $200,000

              to

              $299,000

            	
               

            	
              $300,000

              to

              $399,000

            	
               

            	
              $400,000

              to

              $499,000

            	
               

            	
              $500,000

              and

              over

            	
               

            
	
              2005

            	 	 	
              _______________

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
              2006

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 
	 	 	 	 	 	 	 	 	 	 	 	 	
               

            	 
	
              2007

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 

    

    

    
      	
            	(b)	
              joint
                income:

            

    

     

    
      	
            	
               

            	
              $200,000

              to

              $299,000

            	
               

            	
              $300,000

              to

              $399,000

            	
               

            	
              $400,000

              to

              $499,000

            	
               

            	
              $500,000

              and

              over

            	
               

            
	
              2005

            	 	 	
              _______________

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
              2006

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 
	 	 	 	 	 	 	 	 	 	 	 	 	
               

            	 
	
              2007

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 	 	
              _______________ 

            	 

    

     

    
      	C8.	
              Investment
                experience:

            

    

     

    
      	
            	(a)	
              The
                frequency with which you invest in marketable securities
                is:

            

    

     

    ooften 
      ooccasionally onever

     

    
      	 	
              (b)

            	
              The
                frequency with which you invest in unmarketable securities (such
                as
                private placement offerings) is:

            

    

     

    ooften 
      ooccasionally onever

    
      
        
        

      

      
        -
          9 -

        
          

        

      

      
        
        

      

    

     

    
      	 	
              (c)

            	
              Have
                you previously participated in private placement offerings in the
                last 5
                years?

            

    

     

    
      	
              ______

            	
              ______

            
	
              Yes

            	
              No

            

    

    
    

     

    
      	 	
              (d)

            	
              If
                you answered “yes” to (c) above, state the private placements in which you
                participated in the last 5 years.

            

    

     

    
      	
              Year

            	 	
              Amount
                Invested

            	 	
              Name
                of Entity

            	 
	 	 	 	 	 	 	 	 
	
              2002

            	 	$	
              ____________________

            	 	
            	
              ______________________________

            	 
	 	 	 	 	 	 	 	 
	
              2003

            	 	$	
              ____________________

            	 	
            	
              ______________________________

            	 
	 	 	 	 	 	 	 	 
	
              2004

            	 	$	
              ____________________

            	 	
            	
              ______________________________

            	 
	 	 	 	 	 	 	 	 
	
              2005

            	 	$	
              ____________________

            	 	
            	
              ______________________________

            	 
	 	 	 	 	 	 	 	 
	
              2006

            	 	$	
              ____________________

            	 	
            	
              ______________________________

            	 
	 	 	 	 	 	 	 	 
	
              2007

            	 	$	
              ____________________

            	 	
            	
              ______________________________

            	 

    

     

    
      	
              C9.

            	
              (a)

            	
              Have
                you been afforded an opportunity to investigate the Company and review
                relevant factors and documents pertaining to the officers, managers
                and
                the Company and its business and to ask questions of a qualified
                representative of the Company regarding this investment and the assets,
                operations, and methods of doing business of the
                Company?

            

    

     

    
      	
              ______

            	
              ______

            
	
              Yes

            	
              No

            

    

    
    

     

    
      	 	
              (b)

            	
              Do
                you understand the nature of an investment in the Company and the
                risk
                associated with such an investment?

            

    

     

    
      	
              ______

            	
              ______

            
	
              Yes

            	
              No

            

    

     

    
      	 	
              (c)

            	
              Do
                you understand that there is no guarantee of any financial return
                on this
                investment?

            

    

     

    
      	
              ______

            	
              ______

            
	
              Yes

            	
              No

            

    

     

    
      	 	
              (d)

            	
              Do
                you understand that this investment is not
                liquid?

            

    

     

    
      	
              ______

            	
              ______

            
	
              Yes

            	
              No

            

    

     

    
      
        
        

      

      
        -
          10 -

        
          

        

      

      
        
        

      

    

    
      
         

      

    

    
      	
            	(e)	
              Do
                you have adequate means of providing for your current needs and personal
                contingencies in view of the fact that this is not a liquid
                investment?

            

    

    
       

      
        	
                ______

              	
                ______

              
	
                Yes

              	
                No

              

      

    

     

    
      	 	
              (f)

            	
              Are
                you aware of the Company’s business affairs and financial condition, and
                have you acquired all such information about the Company as you deem
                necessary and appropriate to enable you to reach an informed and
                knowledgeable decision to acquire the
                Securities?

            

    

    
       

      
        
          	
                  ______

                	
                  ______

                
	
                  Yes

                	
                  No

                

        

         

      

    

    
      	 	
              (g)

            	
              Do
                you have a “pre-existing relationship” with the Company or any of its
                officers, managers or members?

            

    

     

    
      	
              ______

            	
              ______

            
	
              Yes

            	
              No

            

    

     

    (For
      purposes hereof, “Pre-existing relationship” means any relationship consisting
      of personal or business contacts of a nature and duration such as would enable
      a
      reasonably prudent Subscriber to be aware of the character, business acumen,
      and
      general business and financial circumstances of the person with whom such
      relationship exists.)

     

    If
      so,
      please indicate whether the relationship is with the Company, and/or name the
      individual(s) with whom you have a pre-existing relationship and describe the
      relationship:

     

    
      	  

	 
	  

	 
	  

	 
	  

    

     

    
      	
              C10.

            	
              In
                order for the Company to comply with applicable anti-money laundering/U.S.
                Treasury Department Office of Foreign Assets Control (“OFAC”)
                rules and regulations, Subscriber is required to provide the following
                information:

            

    

     

    (a) Payment
      Information

     

    (i)
      Name
      and address (including country) of the bank from which Subscriber’s payment to
      the Company is being wired (the “Wiring
      Bank”):

    

    
      	   

	 
	  

	 
	  

	 
	   

    

    
      
        
        

      

      
        -
          11 -

        
          

        

      

      
        
        

      

    

     

    (ii) Subscriber’s
      wiring instructions at the Wiring Bank:

    
      

      
        	   

	 
	  

	 
	  

      

    

     

    (iii)
      Is
      the Wiring Bank located in the U.S. or another “FATF
      Country”* ?

    
      
         

        
          	
                  ______

                	
                  ______

                
	
                  Yes

                	
                  No

                

        

      

      
        
           

        

      

    

    (iv)
      Is
      Subscriber a customer of the Wiring Bank? 

    
      
        
          
             

            
              	
                      ______

                    	
                      ______

                    
	
                      Yes

                    	
                      No

                    

            

            
               

            

          

        

      

    

    (b) Additional
      Information 

     

    Investors
      wishing to subscribe must provide the following additional information or
      documents unless you have previously delivered such information to the Placement
      Agent as part of the establishment of your account at the Placement
      Agent.

     

      For
      Individual Investors:

    

      
        	 	
                ____

              	 	
                A
                  government issued form of picture identification (e.g., passport
                  or
                  drivers license).

              
	 	 	 	 
	 	
                ____

              	 	
                Proof
                  of the individual’s current address (e.g., current utility bill), if not
                  included in the form of picture identification.

              
	 	 	 	 
	 	
                ____
                  

              	 	
                One
                  or more of the above documentations has previously provided to
                  Placement
                  Agent.

              

      

    

    

      For
      Funds of Funds or Entities that Invest on Behalf of Third
      Parties:

    

      
        	 	
                _____
                  

              	 	
                A
                  certificate of due formation and organization and continued authorization
                  to conduct business in the jurisdiction of its organization (e.g.,
                  certificate of good standing).

              
	 	
                 

                _____

              	 	
                 

                An
                  “incumbency certificate” attesting to the title of the individual
                  executing these subscription materials on behalf of the prospective
                  investor.

              
	 	 	 	 
	 	
                _____

              	 	
                A
                  completed copy of a certification that the entity has adequate
                  anti-money
                  laundering policies and procedures (“AML Policies and Procedures”) in
                  place that are consistent with the USA PATRIOT Act, OFAC and other
                  relevant federal, state or non-U.S. anti-money laundering laws
                  and
                  regulations (with a copy of the entity’s current AML Policies and
                  Procedures to which such certification
                  relates).

              

      

    

     

    
      

    

    *
      As of
      the
      date hereof, countries that are members of the Financial Action Task Force
      on
      Money Laundering (“FATF
      Country”)
      are:
      Argentina, Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland,
      France, Germany, Greece, Hong Kong, Iceland, Ireland, Italy, Japan, Luxembourg,
      Mexico, Kingdom of the Netherlands, New Zealand, Norway, Portugal, Russian
      Federation, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, United
      Kingdom and the United States of America.

    
      
        
        

      

      
        -
          12 -

        
          

        

      

      
        
        

      

    

    

    
      	 	
              _____

            	 	
              A
                letter of reference any entity not located in the U.S. or other FATF
                country, from the entity’s local office of a reputable bank or brokerage
                firm that is incorporated, or has its principal place of business
                located,
                in the U.S. or other FATF Country certifying that the prospective
                investor
                maintains an account at such bank/brokerage firm for a length of
                time and
                containing a statement affirming the prospective investor’s
                integrity.

            
	 	 	 	 
	 	
              
                _____
                  

              

            	 	
              One
                or more of the above documentations has previously provided to Placement
                Agent.

            

    

    

      For
      all other Entity Investors:

    

    
      	 	
              _____

            	 	
              A
                certificate of due formation and organization and continued authorization
                to conduct business in the jurisdiction of its organization (e.g.,
                certificate of good standing).

            
	 	 	 	
               

            
	 	
              _____

            	 	
              An
                “incumbency certificate” attesting to the title of the individual
                executing these subscription materials on behalf of the prospective
                investor.

            
	 	 	 	 
	 	
              _____
                

            	 	
              A
                letter of reference from the entity’s local office of a reputable bank or
                brokerage firm that is incorporated, or has its principal place of
                business located, in the U.S. or other FATF Country certifying that
                the
                prospective investor maintains an account at such bank/brokerage
                firm for
                a length of time and containing a statement affirming the prospective
                investor’s integrity.

            
	 	 	 	 
	 	
              _____

            	 	
              If
                the prospective investor is a privately-held entity, a certified
                list of
                the names of every person or entity who is directly or indirectly
                the
                beneficial owner of 25% or more of any voting or non-voting class
                of
                equity interests of the Subscriber, including (i) country of citizenship
                (for individuals) or principal place of business (for entities) and,
                (ii)
                for individuals, such individual’s principal employer and
                position.

            
	 	 	 	 
	 	
              _____

            	 	
              If
                the prospective investor is a trust, a certified list of (i) the
                names of
                the current beneficiaries of the trust that have, directly or indirectly,
                25% or more of any interest in the trust, (ii) the name of the settlor
                of
                the trust, (iii) the name(s) of the trustee(s) of the trust, and
                (iv) the
                country of citizenship (for individuals) or principal place of business
                (for entities).

            
	 	 	 	 
	 	
              
                _____

              

            	 	
              One
                or more of the above documentations has previously provided to Placement
                Agent.

            

    

    
      
        
        

      

      
        -
          13 -

        
          

        

      

      
        
        

      

    

    SECTION
      D: CORPORATE OFFEREES OR PARTNERSHIP OFFEREES

     

    
      	
              D1.

            	
              General
                Information

            
	 	 
	 	
              Legal
                name of corporation or
                partnership:_____________________________________________________________

            
	 	 
	 	
              Fictitious
                name
                (d/b/a):___________________________________________________________________________

            
	 	 
	 	
              State
                or place of incorporation or
                formation:___________________________________________________________

            
	 	 
	 	
              Date
                of incorporation or
                formation:__________________________________________________________________

            
	 	 
	 	
              If
                partnership,
                type:                         
                ______
                general                    ______
                limited

            
	 	 
	 	
              Federal
                I.D.
                number:_____________________________________________________________________________ 

            
	 	 
	 	
              Fiscal
                year
                ends:________________________________________________________________________________ 

            
	 	 
	 	
              Number
                of equity owners or
                partners:________________________________________________________________

            
	 	 
	 	
              If
                Subscriber is a partnership, list names of each partner is the
                partnership:

            
	 	 _________________________________________________________________________________
	 	 
	 	
              Name
                and title of authorized person executing Subscription
                Agreement:

            
	 	 _________________________________________________________________________________ 
	 	 
	 	
              Business
                address:_______________________________________________________________________________ 

            
	 	 
	 	
              Mailing
                address (if
                different):_______________________________________________________________________ 

            
	 	 
	 	
              Telephone
                number: (     
                 )__________             
                Facsimile
                number: (      
                )__________

            
	 	 
	 	
              Email
                address:____________________________  

            
	 	 
	
              D2.

            	
              Bank
                Information

            
	 	 
	 	
              Name
                of primary
                bank:____________________________________________________________________________ 

            
	 	 
	 	
              Address:______________________________________________________________________________________

            
	 	 
	 	
              Telephone
                number: (   
                 )__________ 

            
	 	 
	 	
              Account
                type and
                number:_________________________________________________________________________

            
	 	 
	 	
              Person
                familiar with corporation’s or partnership’s
                account:________________________________________________

            

    

    
      
        
        

      

      
        -
          14 -

        
          

        

      

      
        
        

      

    

    Was
      the
      corporation or partnership formed for the specific purpose of purchasing the
      Securities?

    
       

      
        	
                ______

              	
                ______

              
	
                Yes

              	
                No

              

      

    

     

    Check
      if
      applicable to the corporation:

     

    Subchapter
      S________                         
Professional_______

     

    D3. The
      undersigned represents and warrants as follows:

     

    
      	 	
              (a)

            	
              The
                corporation or partnership, as the case may be, has been duly organized
                (if a partnership) is validly existing as a corporation or partnership
                in
                good standing under the laws of the jurisdiction of its incorporation
                or
                formation with full power and authority to enter into the transactions
                contemplated by the Subscription
                Agreement;

            

    

     

    
      	 	
              (b)

            	
              (i)

            	
              The
                officers or partners of the undersigned who, on behalf of the undersigned,
                have considered the purchase of the Securities and the advisers,
                if any,
                of the corporation or the partnership, as the case may be, in connection
                with such consideration are named below in this Subscription Agreement,
                and such officers and partners or advisers, if any, were duly authorized
                to act for the corporation or the partnership in reviewing such
                investment;

            

    

     

    
      	 	
              (ii)

            	
              The
                names and positions of the officers or partners, of the undersigned
                who,
                on its behalf, have reviewed the purchase of the Securities are as
                follows:

            

    

     

    
      	  
	 	  

	 	 	 
	  
	 	  

    

     

    
      	 	
              (iii)

            	
              In
                evaluating the merits and risks of the purchase of the Securities,
                the
                corporation or the partnership, as the case may be, intends to rely
                upon
                the advice of, or will consult with, the following
                persons:

            

    

     

    
      	   
	 	  

	 	 	 
	   
	 	  

    

    
      	 	
              (c)

            	
              The
                officers of the corporation (if not Accredited Investors) or the
                partners
                of the partnership who, on its behalf, have considered the purchase
                of the
                Securities and the advisers, if any, of the corporation or the partnership
                who, in connection with such consideration, together have such knowledge
                and experience in financial and business matters that such officer(s),
                partner(s) and such adviser(s), if any, together are capable of evaluating
                the merits and risks of the purchase of the Securities and of making
                an
                informed investment decision;

            

    

     

    
      
        
        

      

      
        -
          15 -

        
          

        

      

      
        
        

      

    

    
      
         

      

    

    

      
        	
              	(d)	
                Together
                  with any corporation or group of corporations with which it files
                  a
                  consolidated federal income tax return, the undersigned has reserves
                  and/or net worth adequate to permit it to satisfy any tax or other
                  liabilities arising from its personal liability with respect to
                  its
                  investment in this Offering and the operation
                  thereof;

              

      

      
        	
              	 	 

        	
              	(e)	
                The
                  total assets of the corporation or the partnership are in excess
                  of
                  $___________________.

              

      

      
        	
              	 	 

        	
              	(f)	
                The
                  corporation or the partnership has had, during each of the past
                  two years,
                  gross income from all sources of at least $_______________ and
                  $____________, respectively;

              

      

      
        	
              	 	 

        	
              	(g)	
                The
                  undersigned expects the corporation or the partnership to have
                  during the
                  current and the next tax year, gross income from all sources of
                  at least
                  $_______ and $__________.

              

      

      
        	
              	 	 

        	
              	(h)	
                The
                  undersigned knows of no pending or threatened litigation, the outcome
                  of
                  which could adversely affect the answer to any question
                  hereunder.

              

      

    

    

    
      
        
          
          

        

        
          -
            16 -

          
            

          

        

        
          
          

        

      

    

    
       

      SECTION
        E: TRUST OFFEREES

       

      
        	
                E1.

              	
                General Information
                  _____________________________________________________________________

              
	 	 
	 	
                Legal name:
                  ___________________________________________________________________________

              
	 	 
	 	
                State or place of formation:
                  _______________________________________________________________

              
	 	 
	 	
                Date of formation:
                  ______________________________________________________________________

              
	 	 
	 	
                Federal I.D. number:                               Fiscal year ends:  
                  

              
	 	 
	 	
                Number of beneficiaries:
                  _________________________________________________________________

              
	 	 
	 	
                Principal purpose:
                  ______________________________________________________________________

              
	 	 
	 	
                Was
                  the trust formed for the specific purpose of purchasing the
                  Securities?

                _____    _____

              
	 	
                Yes      No

              
	 	 
	 	
                Business address:
                  ______________________________________________________________________ 

              
	 	 
	 	
                Mailing address (if different):
                  _____________________________________________________________

              
	 	 
	 	____________________________________________________________________________________
	 	 
	 	
                Telephone number:
(    
                  )                         

              
	 	 
	 	
                Facsimile number:
(    
                  )                             

              
	 	 
	 	
                Email address:
                  __________________________________________________

              

      

       

      
        	
                E2.

              	Authorization:	
                If
                  the trust was established in connection with a deferred compensation
                  plan,
                  please attach a copy of the trust’s organizational documents and a
                  properly certified copy of the resolutions adopted by the trust’s board of
                  directors authorizing the trust to purchase the Securities and
                  authorizing
                  the trustee named below to execute on behalf of the trust all relevant
                  documents necessary to subscribe for and purchase the Securities.
                  In all
                  cases, please attach a properly certified copy of the resolutions
                  adopted
                  by the trustees of the trust authorizing the trust to purchase
                  the
                  Securities and authorizing the trustee named below to execute on
                  behalf of
                  the trust all relevant documents necessary to subscribe for and
                  purchase
                  the Securities.

              

      

       

      
        	 	
                Name of trustee authorized to execute the Subscription Agreement:
                  _________________________________

              
	 	 
	
                E3.

              	
                Name of primary bank:
                  ___________________________________________________________________

              

      

       

      
        
          
          

        

        
          -
            17 -

          
            

          

        

        
          
          

        

      

       

      
        	 	
                Address:
                  _____________________________________________________________________________

              
	 	 
	 	____________________________________________________________________________________
	 	
                Telephone number: (    
)                       

              
	 	 
	 	
                Facsimile number: (    
)                        

              
	 	 
	 	
                Account type and number:
                  ________________________________________

              
	 	 
	 	
                Person familiar with trust’s account:
                  _________________________________

              

      

      

      
        	E4.	
                Additional
                  Information

              

      

       

      (a).
         Certain
        trusts generally may not qualify as accredited investors except under special
        circumstances. Therefore, if you intend to purchase the shares of the Company’s
        securities in whole or in part through a trust, please answer each of the
        following questions.

      

      Is
        the
        trustee of the trust a national or state bank that is acting in its fiduciary
        capacity in making the investment on behalf of the trust?

      

      Yes
        o  
        No
o 

      

      Does
        this
        investment in the Company exceed 10% of the trust assets?

      

      Yes
        o  
        No
o

       

      (b).
         If
        the trust is a revocable trust, please complete Question 1 below. If the
        trust
        is an irrevocable trust, please complete Question 2
        below.

      

      
        	
              	1.	
                REVOCABLE
                  TRUSTS

              

      

      

      Can
        the
        trust be amended or revoked at any time by its grantors:

      

      Yes
        o  
        No
o

      

      If
        yes,
        please answer the following questions relating to each
        grantor
        (please add sheets if necessary):

      

      Grantor
        Name: _________________________

      

      Net
        worth
        of grantor (including spouse, if applicable), including home, home furnishings
        and automobiles exceeds $1,000,000?

      

      Yes
        o  
        No
o

       

      
        
          
          

        

        
          -
            18 -

          
            

          

        

        
          
          

        

      

       

      OR

       

      Income
        (exclusive of any income attributable to spouse) was in excess of $200,000
        for
        2005 and 2006 and is reasonably expected to be in excess of $200,000 for
        2007?

      

      Yes
        o  
        No
o

       

      OR

      

      Income
        (including income attributable to spouse) was in excess of $300,000 for 2005
        and
        2006 and is reasonably expected to be in excess of $300,000 for
        2007?

      

      Yes
        o  
        No
o

      

      
        	
              	2.	
                IRREVOCABLE
                  TRUSTS

              

      

      

      If
        the
        trust is an irrevocable trust, please answer the following
        questions:

      

      Please
        provide the name of each
        trustee:

      

      Trustee
        Name: ________________________________________

      

      Trustee
        Name: ________________________________________

      

      Does
        the
        trust have assets greater than $5 million?

      

      Yes
        o  
        No
o

       

      Do
        you
        have such knowledge and experience in financial and business matters as to
        be
        capable of evaluating the merits and risks of an investment in the
        Company?

      

      Yes
        o  
        No
o

      

      
        
          
          

        

        
          -
            19 -

          
            

          

        

        
          
          

        

      

       

      Indicate
        how often you invest in:

      

      Marketable
        Securities

      

      Often
        o Occasionally
        o Seldom
        o Never
        o

      

      Restricted
        Securities

      

      Often
        o Occasionally
        o Seldom
        o Never
        o

      

      Venture
        Capital Companies

      

      Often
        o Occasionally
        o Seldom
        o Never
        o

      
        
          
          

        

        
          -
            20 -

          
            

          

        

        
          
          

        

      

      SECTION
        F: QUALIFIED PENSION PLAN (“PLAN”)
        OFFEREES

       

      
        	F1.	
                Please
                  check one:

              

      

       

      
        	
              	_________a.	
                The
                  Plan requires the investment of each beneficiary or participant
                  to be held
                  in a segregated account and the Plan allows each beneficiary or
                  participant to make his own investment decisions and, the decision
                  to
                  purchase the Securities has been made by the beneficiary or the
                  participant and such beneficiary or participant is an Accredited
                  Investor
                  (Please have each such beneficiary or participant execute a separate
                  Subscription Agreement).

              

      

      

      OR

      

      
        	
              	_________b.	
                The
                  investment decisions made for the Plan are made by a plan fiduciary,
                  whether a bank, an insurance company, or a registered investment
                  adviser.

              

      

      

      OR

      

      
        	
              	_________c.	
                The
                  Plan has total assets exceeding
                  $5,000,000.

              

      

      

      
        	
                F2.

              	
                General Information

              
	 	 
	 	
                Legal name:
                  _________________________________________________________________________________________

              
	 	 
	 	
                State or place of formation:
                  ______________________________________________________________________________

              
	 	 
	 	
                Date of formation:
                  ____________________________________________________________________________________

              
	 	 
	 	
                Federal I.D. number:____________ Fiscal year ends:             

              
	 	 
	 	
                Number of beneficiaries:
                  ________________________________________________________________________________

              
	 	 
	 	
                Principal purpose:
                  _____________________________________________________________________________________

              
	 	 
	 	
                Business address:
                  ____________________________________________________________________________________

              
	 	 
	 	
                Telephone number: (    )                      

              
	 	 
	 	
                Facsimile number: (    )                     
                  

              
	 	 
	 	
                Email address:
                  __________________________________________________

              
	 	 
	 	
                Mailing address:
                  _____________________________________________________________________________________

              
	 	 
	 	__________________________________________________________________________________________________

      

       

      
        
          
          

        

        
          -
            21 -

          
            

          

        

        
          
          

        

      

       

      
        	
                F3.

              	Authorization:	
                If
                  the investment decision is being made by a beneficiary or participant
                  of a
                  Plan, please attach applicable trust documents which permit each
                  beneficiary or participant to make his own investment decisions.
                  In all
                  other cases, please attach a properly certified copy of the resolutions
                  adopted by the trustees of the Plan trust authorizing the Plan
                  to purchase
                  the Securities and authorizing the fiduciary named below to execute
                  on
                  behalf of the Plan all relevant documents necessary to subscribe
                  for and
                  purchase the Securities.

              

      

       

      
        	 	
                Name of trustee authorized to execute the Subscription Agreement:

              
	 	__________________________________________________________________________________________________
	 	 
	
                F4.

              	
                Name of primary bank:
                  _________________________________________________________________________________

              
	 	 
	 	
                Address:
                  ___________________________________________________________________________________________

              
	 	 
	 	
                Telephone number: (     )                     

              
	 	 
	 	
                Facsimile number: (     )                      

              
	 	 
	 	
                Account type and number:
                  ________________________________________

              
	 	 
	 	
                Person familiar with your account:
                  ___________________________________

              

      

       

      
        
          
          

        

        
          -
            22 -

          
            

          

        

        
          
          

        

      

       

      SECTION G:
        REPRESENTATIONS AND WARRANTIES BY ALL SUBSCRIBERS

       

      By
        signing this Subscription Agreement, the undersigned hereby confirms the
        following statements:

       

      (a) I
        have
        read the Memorandum and this Subscription Agreement and other accompanying
        documents of the Company, and am aware of and understand the risk factors
        disclosed therein related to the Company and an investment in the
        Company.

       

      (b) I
        am
        aware that the Offering involves Securities for which no market exists, thereby
        requiring any investment to be maintained for an indefinite period of time.
        The
        Company is not a reporting company under the Exchange Act, and therefore
        does
        not file periodic reports with the SEC.

       

      (c) I
        acknowledge that any delivery to me of the Memorandum relating to the Securities
        prior to the determination by the Company or the Placement Agent of my
        suitability as a Subscriber shall not constitute an offer of the Securities
        until such determination of suitability shall be made, and I agree that I
        shall
        promptly return the Memorandum and the other Offering documents to the Company
        or the Placement Agent upon request.

       

      (d) I
        also
        understand and agree that, although the Company and the Placement Agent will
        use
        their respective best efforts to keep the information provided in answers
        to
        this Subscription Agreement strictly confidential, the Company and the Placement
        Agent or their respective counsel may present this Subscription Agreement
        and
        the information provided in answer to it to such parties as they may deem
        advisable if called upon to establish the availability under any federal
        or
        state securities laws of an exemption from registration of the Offering or
        if
        the contents thereof are relevant to any issue in any action, suit or proceeding
        to which the Company, the Placement Agent or their respective affiliates
        is a
        party, or by which they are or may be bound or as otherwise required by law
        or
        regulatory authority.

       

      (e) I
        realize
        that this Subscription Agreement does not constitute an offer to sell or
        a
        solicitation of an offer to buy the Securities or any other security of the
        Company but is merely a request for information.

       

      (f) I
        understand that the Securities are being offered without registration under
        the
        Act in reliance upon the private offering exemption contained therein, and
        that
        such reliance is based in part on the information herein supplied. For the
        foregoing reasons and to induce the Company to issue and deliver the Securities
        to me, I represent and warrant that the information stated herein is true,
        accurate and complete, and I agree to notify and supply corrective information
        promptly to the Company as provided above if any of such information becomes
        inaccurate or incomplete.

       

      (g) The
        individual signing below on behalf of any entity hereby warrants and represents
        that he/she is authorized to execute this Subscription Agreement on behalf
        of
        such entity.

       

      (h) The
        undersigned is able to bear the economic risk of the investment in the
        Securities and can afford a complete loss of such investment.

       

      
        
          
          

        

        
          -
            23 -

          
            

          

        

        
          
          

        

      

       

      (i) Subject
        to the terms and conditions hereof and on the basis of the representations
        and
        warranties hereinafter set forth, the Company hereby agrees to issue and
        sell to
        the Subscriber and the Subscriber agrees to purchase from the Company, upon
        closing of the Offering, the Unit as described in the Memorandum at a price
        per
        Unit of $10,000. The Company or the Placement Agent may reject any subscription
        in whole or in part. 

       

      (j) The
        Subscriber acknowledges and agrees that there is a Minimum Offering Amount
        of
        $3,000,000 in aggregate gross proceeds of subscriptions prior to release
        of
        funds to the Company and that pending acceptance of the Minimum Offering
        the
        funds shall be held in a non-interest bearing escrow account.

       

      (k) In
        entering into this Subscription Agreement and in purchasing the Units, the
        Subscriber further acknowledges that:

       

      
        	 	
                (i)

              	
                The
                  Company has informed the Subscriber that the Securities have not
                  been
                  offered for sale by means of general advertising or
                  solicitation.

              

      

       

      
        	 	
                (ii)

              	
                The
                  Securities may not be resold by the Subscriber in the absence of
                  a
                  registration under the Act or exemption from registration. In particular,
                  the Subscriber is aware that the Securities will be “restricted
                  securities”, as such term is defined in Rule 144 promulgated under the Act
                  (“Rule
                  144”),
                  and they may not be sold pursuant to Rule 144, unless the conditions
                  thereof are met.

              

      

       

      
        	 	
                (iii)

              	
                In
                  the event the Company determines to issue certificates evidencing
                  the
                  Securities, the following legends (or similar language) shall be
                  placed on
                  such certificate(s):

              

      

       

      THE
        SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
        THE
        SECURITIES ACT OF 1933 (THE “ACT”), OR ANY STATE SECURITIES LAWS AND NEITHER
        SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED
        OR OTHERWISE TRANSFERRED UNLESS (1) A REGISTRATION STATEMENT WITH RESPECT
        THERETO IS EFFECTIVE UNDER THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS,
        OR
        (2) THE COMPANY RECEIVES AN OPINION OF COUNSEL TO THE HOLDER OF SUCH SECURITIES,
        WHICH COUNSEL AND OPINION ARE REASONABLY SATISFACTORY TO THE COMPANY, THAT
        SUCH
        SECURITIES MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR TRANSFERRED IN THE
        MANNER
        CONTEMPLATED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR
        APPLICABLE STATE SECURITIES LAWS.

       

      
        	 	
                (iv)

              	
                The
                  Company may at any time place a stop transfer order on its transfer
                  books
                  against the Securities. Such stop order will be removed, and further
                  transfer of the Securities will be permitted upon an effective
                  registration of the respective Securities, or the receipt by the
                  Company
                  of an opinion of counsel satisfactory to the Company that such
                  further
                  transfer may be effected pursuant to an applicable exemption from
                  registration.

              

      

       

      
        
          
          

        

        
          -
            24 -

          
            

          

        

        
          
          

        

      

       

      
        	 	
                (v)

              	
                The
                  purchase of the Units involves risks which the Subscriber has evaluated,
                  and the Subscriber is able to bear the economic risk of the purchase
                  of
                  such securities and the loss of its entire
                  investment.

              

      

       

      (l) The
        Subscriber agrees to indemnify and hold harmless the Company and the Placement
        Agent , their respective officers, managers, members, employees, agents,
        counsel
        and affiliates and each other person, if any, who controls the Company or
        the
        Placement Agent, within the meaning of Section 15 of the Act or Section 20
        of
        the Exchange Act, against any and all losses, liabilities, claims, damages
        and
        all expenses reasonably incurred in investigating, preparing or defending
        against any litigation commenced or threatened or any claim whatsoever arising
        out of or based upon any false representation or warranty or breach or failure
        by the Subscriber to comply with any covenant or agreement made by the
        Subscriber herein or in any other document furnished by the Subscriber to
        any of
        the foregoing in connection with this transaction.

       

      (m) The
        Subscriber hereby acknowledges and agrees, subject to any applicable state
        securities laws that the subscription and application hereunder are irrevocable,
        that the Subscriber is not entitled to cancel, terminate or revoke this
        Subscription Agreement and that this Subscription Agreement shall survive
        the
        death or disability of the Subscriber and shall be binding upon and inure
        to the
        benefit of the Subscriber and his heirs, executors, administrators, successors,
        legal representatives, and assigns. If the Subscriber is more than one person,
        the obligations of the Subscriber hereunder shall be joint and several, and
        the
        agreements, representations, warranties, and acknowledgments herein contained
        shall be deemed to be made by and be binding upon each such person and his
        heirs, executors, administrators, successors, legal representatives, and
        assigns.

       

      (n) The
        Company and the Placement Agent have each employed its own legal counsel
        in
        connection with the Offering. The Subscribers have not been represented by
        independent counsel in connection with the preparation of the Memorandum
        or the
        terms of the Offering and no investigation of the merits or fairness of the
        Offering has been conducted on behalf of the Subscribers. Prospective
        Subscribers should consult with their own legal, tax and financial advisors
        with
        respect to the Offering made pursuant to the Memorandum.

       

      (o) The
        undersigned hereby acknowledges that officers, managers, members, employees
        and
        affiliates of the Company and/or the Placement Agent may purchase Units in
        the
        Offering, which purchases may count towards the Minimum Offering
        Amount.

       

      (p) My
        answers to the foregoing questions are true and complete to the best of my
        information and belief and I will promptly notify the Company or the Placement
        Agent of any changes in the information I have provided.

       

      (q) Notwithstanding
        anything else contained in this Subscription Agreement or the Memorandum,
        each
        prospective investor (and its employees, representatives or other agents)
        and
        the Company may disclose to any and all persons, without limitation of any
        kind,
        the tax treatment and tax structure (as such terms are used in
        Sections 6011, 6111 and 6112 of the Code and the Treasury Regulations
        promulgated thereunder) of the undersigned subscribers investment in the
        Company
        and any transactions entered into by the Company and all materials of any
        kind
        (including opinions or other tax analyses) that are provided to such prospective
        investor relating to such tax treatment and tax structure; provided
        that no
        prospective investor or its employees, representatives or agents shall disclose
        any information for which nondisclosure is reasonably necessary in order
        to
        comply with U.S. securities laws; and provided further
        that
        this authorization is not intended to permit disclosure of any term or detail
        not relevant to the tax treatment or the tax structure of the Company, the
        Offering or transactions entered into by the parties hereto.

      

      
        
          
          

        

        
          -
            25 -

          
            

          

        

        
          
          

        

      

       

      The
        undersigned understands and agrees that this authorization to disclose such
        tax
        treatment and tax structure is not intended to permit disclosure of any other
        information including (without limitation) (i) any portion of any materials
        to the extent not related to the tax treatment or tax structure of the Company,
        the Offering or transactions entered into by the undersigned and the Company,
        (ii) the identities of any investors in the Offering or (iii)  any
        other term or detail not relevant to the tax treatment or the tax structure
        of
        the Partnership or transactions entered into by it. 

      

      H. COVENANTS,
        REPRESENTATIONS AND WARRANTS OF THE COMPANY

      

      (a)
               The Company is a corporation duly
        incorporated, validly existing and in good standing under the laws of the
        State
        of Delaware and has the corporate power to conduct the business which it
        conducts and proposes to conduct. 

      

                 
        (b)        The execution, delivery and performance
        of this Subscription Agreement by the Company have been duly authorized by
        the
        Company and all other corporate action required to authorize and consummate
        the
        offer and sate of the Units has been duly taken and approved. 

      

                 
        (c)       The Units, Common Stock and Warrants to
        be issued and sold to the undersigned as provided in the Memorandum have
        been
        duly authorized and when issued and delivered against payment therefor, will
        be
        validly issued, fully paid and non-assessable and will conform to the
        description thereof in the Memorandum. There are no preemptive or other rights
        to subscribe for or to purchase, nor any restriction upon the voting or transfer
        of, any shares of the Common Stock issuable upon exercise of the Warrants
        pursuant to the Company's certificate of incorporation or bylaws or any
        agreement or other outstanding instrument to which the Company is a party
        or is
        otherwise known to the Company. The Company has reserved sufficient shares
        of
        Common Stock to be issued upon exercise of the Warrants. 

      

                 
        (d)        The Company has obtained, or is in the
        process of obtaining, all licenses, permits and other governmental
        authorizations necessary for the conduct of its business, except where the
        failure to so obtain such licenses, permits and authorizations would not
        have a
        material adverse effect on the Company. Such licenses, permits and other
        governmental authorizations which have been obtained are in full force and
        effect, except where the failure to be so would not have a material adverse
        effect on the Company, and the Company is in all material respects complying
        therewith. 

      

                 
        (e)        The Company knows of no pending or
        threatened legal or governmental proceedings to which the Company is a party
        which would materially adversely affect the business, financial condition
        or
        operations of the Company. 

      

                 
        (f)         The Company is not in violation
        of or default under, nor will the execution and delivery of this Subscription
        Agreement or the issuance of the Common Stock, or the consummation of the
        transactions herein contemplated, result in a violation of, or constitute
        a
        default under, the Company’s Certificate of Incorporation or By-laws, any
        material obligations, agreements, covenants or conditions contained in any
        bond,
        debenture, note or other evidence of indebtedness or in any material contract,
        indenture, mortgage, loan agreement, lease, joint venture or other agreement
        or
        instrument to which the Company is a party or by which it or any of its
        properties may be bound or any material order, rule, regulation, writ,
        injunction, or decree of any government, governmental instrumentality or
        court,
        domestic or foreign. 

       

      
        
          
          

        

        
          -
            26 -

          
            

          

        

        
          
          

        

      

       

      (g) The
        information
        provided in the Memorandum regarding Geeks on Call Amercia, Inc. does not
        contain any untrue statement of a material fact or omit to state any material
        fact required to be stated therein or necessary to make the statements therein
        not misleading. 

      

      (h) As
        of the
        date hereof there is no litigation, arbitration, claim, governmental or other
        proceeding (formal or informal), or investigation pending or to the Company's
        knowledge threatened, with respect to Geeks On Call Amercia, Inc., or its
        respective operations, businesses, properties, or assets, except as properly
        described in the Memorandum or such as individually or in the aggregate do
        not
        now have and will not in the future have a material adverse effect upon the
        operations, business, properties, or assets of Geeks On Call Amercia, Inc.
        

       

      (i) To
        the
        best of its knowledge, Geeks
        On
        Call Amercia, Inc
        has not
        infringed, is not infringing, and has not received notice of infringement
        with
        respect to asserted intangibles of others. To the best knowledge of Geeks
        On
        Call Amercia, Inc
        , none
        of the patents, patent applications, trademarks, service marks, trade names
        and
        copyrights, and licenses and rights to the foregoing presently owned or held
        by
        the Company, materially infringe upon any like right of any other person
        or
        entity. Geeks
        On
        Call Amercia, Inc
        (i) owns
        or has the right to use, free and clear of all liens, charges, claims,
        encumbrances, pledges, security interests, defects or other restrictions
        of any
        kind whatsoever, sufficient patents, trademarks, service marks, trade names,
        copyrights, licenses and right with respect to the foregoing, to conduct
        its
        business as presently conducted except as set forth in the Memorandum, and
        (ii)
        except as set forth in the Memorandum, is not obligated or under any liability
        whatsoever to make any payments by way of royalties, fees or otherwise to
        any
        owner or licensee of, or other claimant to, any patent, trademark, service
        mark,
        trade name, copyright, know-how, technology or other intangible asset, with
        respect to the use thereof or in connection with the conduct of its business
        as
        now conducted or otherwise. Geeks
        On
        Call Amercia, Inc
        has
        direct ownership of title to all its intellectual property (including all
        United
        States and foreign patent applications and patents), other proprietary rights,
        confidential information and know-how; owns all the rights to its Intangibles
        as
        are currently used in or have potential for use in its business. 

      

      (j) The
        Company shall provide for the transfer, upon request of the Subscriber, or
        removal of any legends upon the Securities, all as may be allowed in accordance
        with SEC Rule 144, and provide any required opinions of counsel to the Company’s
        transfer agents, at no cost to the Subscriber. The Company shall make generally
        available such information as may be necessary under SEC Rule 144 to allow
        for
        the resale of Securities by the Subscriber for at least three (3) years after
        the final Closing of the Offering.

      

      (k) Prior
        to
        the Initial Closing, the Subscriber has received a supplement to the Memorandum
        which includes the following information: (i) the material terms of the
        Company’s acquisition, by way of merger (“Merger”), with Geeks On Call America,
        Inc.; (ii) the total consideration being issued in connection with the Merger,
        including the issuance of shares of Common Stock, options and warrants or
        debt
        securities; (iii) the terms of any employment or consulting agreements being
        entered into by the Company (iv) a capitalization chart reflecting and
        disclosing in reasonable detail the capitalization of the Company reflective
        of
        the Merger and the Offering; and (v) the issuance of any cash consideration
        or
        securities to any placement agents, finders or consultants. 

      

      
        
          
          

        

        
          -
            27 -

          
            

          

        

        
          
          

        

      

       

      (l) The
        Subscribers shall be entitled to the registration rights with respect to
        the
        Securities as described on Exhibit A annexed hereto and incorporated
        herein.

      

      (m)
         For
        a
        period commencing on the Initial Closing and terminating on a date which
        is
        twelve (12) months following the date that the registration statement referred
        to in Exhibit A annexed hereto, n the Offering is declared effective by the
        SEC
        (the “Adjustment Period”), in the event the Company issues or grants any shares
        of Common Stock or any warrants or other securities convertible, exchangeable
        or
        exercisable for shares of Common Stock pursuant to which shares of Common
        Stock
        may be acquired at a price less than $2.00 per share (subject to certain
        customary exceptions, including, outstanding options and other obligations
        as of
        the date of the Initial Closing, issuances pursuant to employment arrangements
        or business combinations in which a portion of the consideration may be payable
        in shares or convertible securities with a business in substantially the
        same
        line of business as the Company), then the Company shall promptly issue
        additional shares of Common Stock to the investors in the Offering in an
        amount
        sufficient that the subscription price paid hereunder, when divided by the
        total
        number of shares issued (shares included in the purchased Unit plus the
        additional shares issued under this provision), will result in an actual
        price
        paid by the Subscriber per share of Common Stock equal to such lower price
        (this
        is intended to be a “full ratchet” adjustment). For example, if an investor
        purchased one Unit in the Offering (comprised of 5,000 shares of Common Stock
        and Warrants to purchase 2,500 shares of Common Stock) for a purchase price
        of
        $10,000 (equals $2.00 per share of Common Stock) and then the Company issues
        additional shares of Common Stock at $1.00 per share during such twelve-month
        period, the Company will issue an additional 5,000 shares of Common Stock
        to the
        investor. In addition, the exercise price of all unexercised Warrants shall
        be
        reduced by the same amount. Such adjustments shall be made successively whenever
        such an issuance is made during the Adjustment Period. This clause (m) shall
        not
        apply to an “Exempt Issuance” which for purposes hereof shall mean the issuance
        of (a) shares of Common Stock or options to employees, officers or directors
        of
        the Company pursuant to any stock or option plan duly adopted by a majority
        of
        the non-employee members of the Board of Directors of the Company or a majority
        of the members of a committee of non-employee directors established for such
        purpose, (b) securities upon the exercise of or conversion of any Securities
        issued in the Offering, convertible securities, options or warrants issued
        and
        outstanding on the date of this Agreement, provided that such securities
        have
        not been amended since the date of this Agreement to increase the number
        of such
        securities or to decrease the exercise or conversion price of any such
        securities, (c) securities issued pursuant to acquisitions or strategic
        transactions (including, without limitation, equipment leases or the purchase
        of
        equipment in the ordinary course of business), provided any such issuance
        shall
        only be to a Person which is, itself or through its subsidiaries, an operating
        company in a business synergistic with the business of the Company and in
        which
        the Company receives benefits in addition to the investment of funds, but
        shall
        not include a transaction in which the Company is issuing securities primarily
        for the purpose of raising capital or to an entity whose primary business
        is
        investing in securities, and (d) issuances of securities issued by the Company
        in connection with a public offering which is underwritten on a firm commitment
        basis.

      

      (n) For
        a
        period commencing upon the date of the Initial Closing until the date that
        is 12
        months after the registration statement referred to in Exhibit A is declared
        of
        effective by the SEC, the Subscribers shall will have the right to participate
        on any future financings contemplated by the Company as described in Exhibit
        B
        annexed hereto and incorporated herein.

      

      
        
          
          

        

        
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            28 -

          
            

          

        

        
          
          

        

      

       

      SECTION
        J: MISCELLANEOUS

      

      (a) All
        notices or other communications required under this Subscription Agreement
        shall
        be deemed given upon (i) hand delivery; (ii) receipt of confirmation of delivery
        via overnight courier to a Subscriber or to the Company at the respective
        addresses set forth herein, or such other addresses as a Subscriber or the
        Company shall designate to the other by notice in writing; (iii) receipt
        of
        confirmation of transmission via facsimile at the facsimile number set forth
        herein, or such other facsimile number as a Subscriber or the Company shall
        designate to the other by notice in writing; (iv) three days after mailing,
        postage prepaid, to a Subscriber or to the Company at the respective addresses
        set forth herein, or such other addresses as a Subscriber or the Company
        shall
        designate to the other by notice in writing; or (v) one business day after
        transmission via electronic mail to the electronic mail address set forth
        herein, or such other electronic mail addresses as a Subscriber or the Company
        shall designate to the other by notice in writing.

       

      (b) Each
        undersigned Subscriber agrees that neither this Subscription Agreement, nor
        any
        of the Subscriber’s rights or interest herein or hereunder, is transferable or
        assignable by the Subscriber, and further agrees that the transfer or assignment
        of any Securities acquired pursuant hereto shall be made only in accordance
        with
        the provisions hereof and all applicable laws.

       

      (c) Each
        undersigned Subscriber agrees that, except as permitted by applicable law
        and
        subject to receipt of the supplement described in Section H (i) above and
        confirmation of the subscriber’s subscription at such time, it may not cancel,
        terminate or revoke this Subscription Agreement or any agreement of the
        Subscriber made hereunder, and that this Subscription Agreement shall survive
        the death or legal disability of the Subscriber and shall be binding upon
        the
        Subscriber’s heirs, executors, administrators, successors and permitted
        assigns.

       

      (d) All
        of
        the representations, warranties, covenants, agreements and confirmations
        set out
        above shall survive the acceptance of the subscription made herein and the
        issuance of the Securities in the Offering.

       

      (e) This
        Subscription Agreement constitutes the complete and exclusive statement of
        agreement among the parties hereto with respect to the subject matter herein
        and
        therein and replace and supersede all prior written and oral agreements or
        statements by and among parties hereto or any of them.

       

      (f) All
        headings herein are inserted only for convenience and ease of reference and
        are
        not to be considered in the construction or interpretation of any provision
        of
        this Subscription Agreement.

       

      (g) All
        exhibits attached to this Agreement are incorporated and shall be treated
        as if
        set forth herein.

       

      (h) If
        any
        provision of this Agreement or the application of such provision to any person
        or circumstance shall be held invalid, the remainder of this Subscription
        Agreement or the application of such provision to persons or circumstances
        other
        than those to which it is held invalid shall not be affected
        thereby.

       

      (i) The
        parties agree to execute and deliver such additional documents and instruments
        and to perform such additional acts as may be necessary or appropriate to
        effectuate, carry out and perform all of the terms, provisions, and conditions
        of this Subscription Agreement and the transactions contemplated
        hereby.

       

      (j) This
        Subscription Agreement may be executed in two or more counterparts, each
        of
        which shall be deemed an original, but all of which shall constitute one
        and the
        same instrument.

       

      
        
          
          

        

        
          -
            29 -

          
            

          

        

        
          
          

        

      

    

     

    IN
      WITNESS WHEREOF, the undersigned has duly executed this Subscription Agreement
      and Investor Questionnaire and agrees to the terms hereof.

     

    
      	
              Dated:
                _____________ __, 200_

            	
              FOR
                INDIVIDUALS:

            
	 	
              (including
                Subscriber Representative)

            
	 	 
	 	  

	 	
              (Print
                Name)

            
	 	 

	 	
              (Signature)

            
	 	 
	 	 
	
              Dated:
                _____________ __, 200_

            	
              FOR
                INDIVIDUALS:

            
	 	
              (including
                Subscriber Representative)

            
	 	 
	 	 
	 	
              (Print
                Name)

            
	 	 
	 	
              (Signature)

            
	 	 
	 	
              Principal
                Amount of Units 

              Subscribed
                for hereby:

            
	 	
              $
                ___________________

            

    

    
      
        
        

      

      
        -
          30 -

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the undersigned has duly executed this Subscription Agreement
      and Investor Questionnaire and agrees to the terms hereof.

     

    
      	
              Dated:
                _____________ __, 200_

            	
              FOR
                CORPORATIONS:

            
	 	 
	 	 

	 	
              Name
                of Corporation

            
	 	 

	 	
              Name
                of Authorized Executive Officer of Corporation

            
	 	 
	 	
              Signature
                of Authorized Executive Officer

            
	 	 
	 	 
	
              Dated:
                _____________ __, 200_

            	
              FOR
                PARTNERSHIPS:

            
	 	 
	 	 

	 	
              Name
                of Partnership

            
	 	 

	 	
              Name
                of Authorized Partner

            
	 	 

	 	
              Signature
                of Authorized Partner

            
	 	 
	 	
              Principal
                Amount of Units

            
	 	
              Subscribed
                for hereby:

            
	 	
              $___________________

            

    

     

    
      
        
        

      

      
        -
          31 -

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the undersigned has duly executed this Subscription Agreement
      and Investor Questionnaire and agrees to the terms hereof.

     

    
      	
              Dated:
                _____________ __, 200_

            	
              FOR
                TRUSTS:

            
	 	 
	 	 

	 	
              Name
                of Trust

            
	 	 

	 	
              Name
                of Authorized Trustee

            
	 	 
	 	
              Signature
                of Authorized Trustee

            
	 	 
	 	
              Principal
                Amount of Units

            
	 	
              Subscribed
                for hereby:

            
	 	
              $___________________

            

    

    
      
        
        

      

      
        -
          32 -

        
          

        

      

      
        
        

      

    

    ACCEPTANCE
      OF SUBSCRIPTION BY THE COMPANY

     

    The
      undersigned, Geeks On Call Holdings, Inc. hereby accepts the Subscription
      Agreement of
      __________________________________________________ as of the date stated
      below.

     

    
      	
              Dated:_______________
                __, 200_

            	
              Geeks
                on Call Holdings, Inc.

            
	 	 	 
	 	
              By:

            	 

	 	 	
              Name:

            
	 	 	
              Title:

            

    

    
      
        
        

      

      
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          33 -

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    REGISTRATION
      RIGHTS

     

    1. Definitions.

    

    Capitalized
      terms used herein without definition shall have the respective meanings given
      such terms as set forth in the Subscription Agreement between Geeks on Call
      Holdings, Inc. and the Subscriber signatory thereto (the “Subscription
      Agreement”)
      or in
      the Company’s Confidential Private Placement Memorandum, dated as of October 22,
      2007 (as amended or supplemented, and together with all exhibits attached
      thereto, the “Memorandum”).
      As
      used herein, the following terms shall have the following meanings:

    

    Business
      Day:
      Any day
      other than a day on which banks are authorized or required to be closed in
      the
      State of New York.

    

    Commission:
      The
      United States Securities and Exchange Commission.

    

    Common
      Stock:
      The
      common stock, no par value, of the Company.

    

    Exchange
      Act:
      The
      Securities Exchange Act of 1934, as amended, and the rules and regulations
      of
      the Commission promulgated thereunder.

    

    Holder
      or
Holders:
      Any
      holder of the Registrable Securities.

    

    Person:
      Any
      individual, corporation, partnership, joint venture, association, joint stock
      company, trust, unincorporated organization or government or other agency or
      political subdivision thereof.

    

    Prospectus:
      The
      prospectus included in any registration statement (including, without
      limitation, a prospectus that discloses information previously omitted from
      a
      prospectus filed as part of an effective registration statement in reliance
      upon
      Rule 430A promulgated under the Securities Act), as amended or supplemented
      by
      any prospectus supplement, with respect to the terms of the offering of any
      portion of the Registrable Securities covered by such registration statement,
      and all other amendments and supplements to the prospectus, including
      post-effective amendments, and all material incorporated by reference or deemed
      to be incorporated by reference in such prospectus.

    

    Registrable
      Securities:
      The (i)
      Shares, (ii) Warrant Shares and (iii) any Common Stock issued as (or issuable
      upon the conversion or exercise of any warrant, right or other security that
      is
      issued as) a dividend or other distribution with respect to, or in exchange
      for,
      or in replacement of the Warrant Shares or pursuant to the anti-dilution
      provisions of the Subscription Agreement and/or Warrants until such time as
      (1)
      a Registration Statement covering such Registrable Securities has been declared
      effective by the Commission and such Registrable Securities have been disposed
      of pursuant to such effective Registration Statement or (2) such Registrable
      Securities are saleable pursuant to Rule 144 or Rule 144A (or any similar
      provision then in force) promulgated under the Securities Act, without any
      restriction, whichever is earlier.

    
      
        
        

      

      
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          34 -

        
          

        

      

      
        
        

      

    

    Securities
      Act:
      The
      Securities Act of 1933, as amended, and the rules and regulations of the
      Commission promulgated thereunder.

    

    SEC:
      Securities Exchange Commission

    

    Warrants:
      Warrants
      to purchase shares of Common Stock of the Company. 

    

    Warrant
      Shares:
      Shares
      of Common Stock issuable upon the exercise of the Warrants. 

     

    
      
        2.
          Registration
          Rights.

      

    

    

    (a) Within
      60
      calendar days following the Final Closing Date of the Offering (the
“Filing
      Deadline”),
      the
      Company shall file with the SEC a registration statement (the "Registration
      Statement")
      to
      register for resale by the Holders the Registrable Securities. The Company
      shall
      use its good faith best efforts to cause such Registration Statement to be
      declared effective as soon as practicable following filing. The Company agrees
      to take all actions as are necessary to keep the Registration Statement
      effective until the date on which all Common Stock and Warrant Shares may be
      sold without any restrictions during any 90 day period in accordance with Rule
      144(k) promulgated under the Act. 

    

    (b) (i)
      If
      the Registration Statement covering the Registrable Securities required to
      be
      filed by the Company pursuant to Section 2(a) hereof is not filed by the Filing
      Deadline, or declared effective by the date which is 150 calendar days after
      the
      Final Closing, then in either such event the Company shall pay the Holder in
      cash the sum of 1% for each 30 days, pro rata for partial periods, of the
      Subscription Amount (not to exceed 9% of the Subscription Amount in the
      aggregate) as liquidated damages and not as a penalty until such time as filed
      with the SEC. Notwithstanding the foregoing, the amounts payable by the Company
      pursuant to this Section shall not be payable to the extent any delay in the
      filing of the Registration Statement occurs because of an act of, or a failure
      to act or to act timely by the Holder or is otherwise attributable to the
      Holder.

    

    (ii)
      The
      liquidated damages set forth in this Section shall continue until the obligation
      is fulfilled and shall be paid within five (5) business days after each 30
      day
      period, or portion thereof, until the Registration Statement is filed. Failure
      by the Company to make payment within said three (3) business days shall be
      considered a breach of this Agreement, and the Holder may elect to pursue
      remedies as outlined in this Exhibit A.

    

    (iii)
      The
      Company acknowledges that its failure to have the Registration Statement filed
      within said 60 calendar day period or effective within such 150 day period
      will
      cause the Holder to suffer irreparable harm, and, that damages will be difficult
      to ascertain. Accordingly, the parties agree that it is appropriate to include
      in this Agreement a provision for liquidated damages. The parties acknowledge
      and agree that the liquidated damages provision set forth in this section
      represents the parties’ good faith effort to quantify such damages and, as such,
      agree that the form and amount of such liquidated damages are reasonable and
      will not constitute a penalty. The payment of liquidated damages shall not
      relieve the Company from its obligations to register the Common Stock and
      Warrant Shares and deliver the Common Stock and Warrant Shares pursuant to
      the
      terms of the Subscription Agreement and the Memorandum.

    
      
        
        

      

      
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          35 -

        
          

        

      

      
        
        

      

    

    (iv)
      Notwithstanding the provisions of Section 2(a) or (b) hereof, in the event
      that
      the SEC issues on more comments stating the under SEC Rule 415 the amount of
      Registrable Securities being registered on behalf of Holders exceeds the amount
      of securities that can be resold under Rule 415, then (i) the Company shall
      be
      entitled to reduce, on a pro rata amount, the Registrable Securities being
      registered on behalf of Holders (“Excluded Securities”) and (ii) the Company
      shall not be penalized under Section 2(b) to the extent that any Registrable
      Securities are not included in the Registration Statement and the resale of
      such
      Excluded Securities is not included in a registration statement declared
      effective by the 150 calendar day. The Company shall also not be penalized
      under
      Section 2(b) to the extent that any Registerable Securities may be sold by
      Holders pursuant to Rule 144(k).

    

    (c) In
      the
      event that there are Excluded Securities, if allowed by the SEC, the Company
      shall use its best efforts to file a second registration statement within 9
      months after the effectiveness of the Registration Statement to provided for
      the
      resale by the Holders of the Excluded Securities and to have such second
      registration statement declared effective as promptly as possible; provided,
      however, if Excluded Securities may be sold by Holders pursuant to Rule 144(k)
      then the Company shall not be obligated to file an additional registration
      statement under this clause (c). 

    

    3. Registration
      Procedures.

    

    In
      connection with the registration obligations of the Company pursuant to the
      terms and conditions of this Agreement, the Company shall:

    

    (a) prior
      to
      filing a Registration Statement or any Prospectus or any amendments or
      supplements thereto, including documents incorporated by reference therein,
      the
      Company will furnish to the Holders and Holders’ counsel (which shall be
      Ellenoff, Grossman & Schole LLP) draft copies of all such documents proposed
      to be filed with the SEC at least three (3) Business Days prior thereto, which
      documents will be subject to the review of such Holders’ Counsel. 

    

    (b) 
      The
      Company will notify each Holder of any stop order issued or threatened by the
      Commission in connection therewith and take all reasonable actions required
      to
      prevent the entry of such stop order or to remove it if entered;

    

    (c) as
      promptly as practicable, prepare and file with the Commission such amendment
      and
      post-effective amendment and supplement to the Registration Statement as may
      be
      necessary to keep such Registration Statement effective for the period required
      pursuant to Section 2; cause the Prospectus to be supplemented by any required
      Prospectus supplement, and, as so supplemented, to be filed pursuant to Rule
      424
      promulgated under the Securities Act; and comply with the provisions of the
      Securities Act applicable to it with respect to the disposition of all
      Registrable Securities covered by such Registration Statement during the
      applicable period in accordance with the intended methods of disposition by
      the
      Holders set forth in such Registration Statement or supplement to the
      Prospectus;

    
      
        
        

      

      
        -
          36 -

        
          

        

      

      
        
        

      

    

    (d) as
      promptly as practicable, furnish to any Holder without charge, such number
      or
      conformed copies of such Registration Statement and any post-effective amendment
      thereto and such number of copies of the Prospectus (including each preliminary
      Prospectus) and any amendments or supplements thereto, and any documents
      incorporated by reference therein, as such Holder may reasonably request, in
      writing, in order to facilitate the disposition of the Registrable Securities
      being sold by such Holder (it being understood that the Company consents to
      the
      use of the Prospectus and any amendment or supplement thereto by each Holder
      and
      the underwriters, if any, in connection with the offering and sale of the
      Registrable Securities covered by the Prospectus or any amendment or supplement
      thereto); 

    

    (e) on
      or
      prior to the date on which the Registration Statement is declared effective,
      register or qualify such Registrable Securities under such other securities
      or
“blue sky” laws of such jurisdictions as any Holder or Holders’ counsel
      reasonably requests, in writing, and do any and all other acts and things which
      may be reasonably necessary or advisable to enable such Holder to consummate
      the
      disposition in such jurisdictions of such Registrable Securities owned by such
      Holder; keep each such registration or qualification (or exemption therefrom)
      effective during the period which the Registration Statement is required to
      be
      kept effective; and do any and all other acts or things reasonably necessary
      or
      advisable to enable the disposition in such jurisdictions of the Registrable
      Securities covered by the applicable Registration Statement; provided
      that the
      Company shall not be required to (i) qualify to do business as a foreign
      corporation or as a broker-dealer in any jurisdiction where it is not then
      so
      qualified or (ii) take any action which would subject it to general service
      of
      process or to taxation in any jurisdiction where it is not then so
      subject;

    

    (f) cause
      the
      Registrable Securities covered by such Registration Statement to be registered
      with or approved by such other governmental agencies or authorities as may
      be
      necessary by virtue of the business and operations of the Company to the extent
      legally required to enable the Holders to consummate the disposition of such
      Registrable Securities;

    

    (g) as
      promptly as practicable notify each Holder and Holders’ Counsel (i) when a
      Prospectus or any Prospectus supplement or post-effective amendment has been
      filed and, with respect to a Registration Statement or any post-effective
      amendment, when the same has become effective, (ii) of any request by the
      Commission or any other federal or state governmental authority for amendments
      or supplements to a Registration Statement or related Prospectus or for
      additional information to be included in any Registration Statement or
      Prospectus or otherwise, (iii) of the issuance by the Commission of any stop
      order suspending the effectiveness of a Registration Statement or the initiation
      or threatening of any proceedings for that purpose, (iv) of the issuance by
      any
      state securities commission or other regulatory authority of any order
      suspending the qualification or exemption from qualification of any of the
      Registrable Securities under state securities or “blue sky” laws or the
      initiation of any proceedings for that purpose and (v) of the happening of
      any
      event which makes any statement made in a Registration Statement or related
      Prospectus or any document incorporated or deemed to be incorporated by
      reference therein untrue or which requires the making of any changes in such
      Registration Statement, Prospectus or documents so that they will not contain
      any untrue statement of a material fact or omit to state any material fact
      required to be stated therein or necessary to make the statements therein not
      misleading; and, as promptly as practicable thereafter, prepare and file with
      the Commission and furnish a supplement or amendment to such Prospectus so
      that,
      as thereafter deliverable to the purchasers of such Registrable Securities,
      such
      Prospectus will not contain any untrue statement of a material fact or omit
      to
      state a material fact necessary to make the statements therein, in light of
      the
      circumstances under which they were made, not misleading;

    
      
        
        

      

      
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          37 -

        
          

        

      

      
        
        

      

    

    (h) use
      its
      reasonable efforts to prevent the issuance of any order suspending the
      effectiveness of a Registration Statement, and, if one is issued, to obtain
      the
      withdrawal of any order suspending the effectiveness of a Registration Statement
      at the earliest possible moment;

    

    (i) as
      promptly as practicable after filing with the Commission of any document which
      is incorporated by reference into a Registration Statement, deliver a copy
      of
      such document to Holders’ counsel, to the extent that such documentation has not
      previously been provided by the Company;

    

    (j)
       cooperate
      with the Holders to facilitate the timely preparation and delivery of
      certificates (which shall not bear any restrictive legends and shall be in
      a
      form eligible for deposit with the Depository Trust Company) representing
      securities sold under such Registration Statement, and enable such securities
      to
      be in such denominations and registered in such names as such Holders may
      request in writing and make available prior to the effectiveness of such
      Registration Statement a supply of such certificates.

    

    (k) cooperate
      with Holder’s counsel to provide information to FINRA as may be required under
      FINRA rule 2710 and to make such changes to the Registration Statement (whether
      in the Registration Statement or in a prospectus supplement) as may be requested
      by FINRA.

    

    (l) The
      Registration Statement shall not include for issuance or resale any securities
      of the Company or any other holder of the Company’s securities other than the
      Registrable Securities of the holders in the Offering and the Placement Agent.
      

     

    Each
      Holder, upon receipt of any notice from the Company of the happening of any
      event of the kind described in subsection (f) of this Section 3, shall forthwith
      discontinue disposition of the Registrable Securities until such Holder’s
      receipt of the copies of the supplemented or amended Prospectus contemplated
      by
      subsection (f) of this Section 3 or until it is advised in writing (the
“Advice”)
      by the
      Company that the use of the Prospectus may be resumed, and has received copies
      of any additional or supplemental filings which are incorporated by reference
      in
      the Prospectus, and, if so directed by the Company, such Holder will deliver
      to
      the Company (at the Company’s expense) all copies, other than permanent file
      copies then in such Holder’s possession, of the Prospectus covering such
      Registrable Securities current at the time of receipt of such notice. In the
      event that the Company shall give any such notice, the time periods for which
      a
      Registration Statement is required to be kept effective pursuant to Section
      2
      hereof shall be extended by the number of days during the period from and
      including the date of the giving of such notice to and including the date when
      each Holder shall have received (i) the copies of the supplemented or amended
      Prospectus contemplated by Section 2(f) or (ii) the Advice.

    
      
        
        

      

      
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          38 -

        
          

        

      

      
        
        

      

    

    4. Registration
      Expenses.

    

    (a) All
      expenses incident to the Company’s performance of, or compliance with, the
      provisions hereof, including without limitation, (i) all Commission and
      securities exchange or FINRA registration and filing fees, compliance with
      securities or “blue sky” laws (including fees and disbursements of counsel in
      connection with “blue sky” qualifications of the Registrable Securities), (ii)
      printing expenses, messenger and delivery expenses, (iii) internal expenses
      (including, without limitation, all salaries and expenses of the Company’s
      officers and employees performing legal or accounting duties), (iv) fees and
      expenses incurred in connection with the listing of the securities to be
      registered, if any, on each securities exchange on which similar securities
      issued by the Company are then listed, (v) fees and disbursements of counsel
      for
      the Company and its independent certified public accountants, (vi) Securities
      Act liability insurance (if the Company elects to obtain or maintain such
      insurance), (vii) reasonable fees and expenses of any special experts retained
      by the Company and fees and expenses of other Persons retained by the Company
      in
      connection with the preparation and filing of the registration statement
      required to be filed pursuant to Section 2 hereof (but not including any
      underwriting fees, discounts or commissions attributable to the sale of
      Registrable Securities by Holder) are herein called “Registration Expenses.”

    

    (b)
      In
      addition to the expenses set forth above, the Company shall pay the fees and
      expenses of Ellenoff Grossman & Schole LLP, as counsel to the Holders and
      Placement Agent, which fees and expenses shall equal $10,000, for the review
      of
      the Registration Statement on the Holder’s behalf and the making of any filings
      under the Rule 2710 of FINRA. 

    

    5. Indemnification;
      Contribution.

    

    (a) Indemnification
      by the Company.
      The
      Company agrees to indemnity and hold harmless, to the full extent permitted
      by
      law, each Holder and its respective officers, directors, counsel and each Person
      who controls such Holder (within the meaning of the Securities Act), and any
      agent or investment adviser thereof, against all losses, claims, damages,
      liabilities and expenses (including reasonable attorneys’ fees and costs of
      investigation) arising out of or based upon any untrue or alleged untrue
      statement of material fact contained in any Registration Statement, any
      amendment or supplement thereto, any Prospectus or preliminary Prospectus or
      any
      omission or alleged omission to state therein a material fact required to be
      stated therein or necessary to make the statements therein not misleading,
      except insofar as the same arise out of or are based upon any such untrue
      statement or omission based upon information with respect to such Holder
      furnished in writing to the Company by or on behalf of such Holder expressly
      for
      use therein; provided
      however,
      that, in the event that the Prospectus shall have been amended or supplemented
      and copies thereof as so amended or supplemented, shall have been furnished
      to a
      Holder prior to the confirmation of any sales of Registrable Securities, such
      indemnity with respect to the Prospectus shall not inure to the benefit of
      such
      Holder if the Person asserting such loss, claim, damage or liability and who
      purchased the Registrable Securities from such Holder did not, at or prior
      to
      the confirmation of the sale of the Registrable Securities to such Person,
      receive a copy of the Prospectus as so amended or supplemented and the untrue
      statement or omission of a material fact contained in the Prospectus was
      corrected in the Prospectus as so amended or supplemented; provided further,
      however, that the Company shall not be liable to any indemnified party in any
      such case to the extent that any such loss arises out of or is based upon an
      untrue statement or alleged untrue statement or omission made in any such
      Registration Statement in reliance upon and in conformity with written
      information furnished to the Company by a Holder expressly for use in connection
      with such Registration Statement.

    
      
        
        

      

      
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    (b) Indemnification
      by Holders of Registrable Securities.
      In
      connection with any Registration Statement in which a Holder is participating,
      each such Holder will furnish to the Company in writing such information with
      respect to the name and address of such Holder and such other information as
      may
      be reasonably required for use in connection with any such Registration
      Statement or Prospectus and each Holder agrees to indemnity, to the full extent
      permitted by law, the Company, its directors, officers and counsel and each
      Person who controls the Company (within the meaning of the Securities Act)
      against any losses, claims, damages, liabilities and expenses resulting from
      any
      untrue statement of a material fact in the Registration Statement or Prospectus
      or any amendment thereof or supplement thereto or necessary to make the
      statements therein not misleading, to the extent, but only to the extent, that
      such untrue or alleged untrue statement relates to any information with respect
      to such Holder so furnished in writing by such Holder specifically for inclusion
      in any Prospectus or Registration Statement (including any omissions with
      respect thereto); provided,
      however,
      that
      such Holder shall not be liable in any such case to the extent that prior to
      the
      filing of any such Registration Statement or Prospectus or amendment thereof
      or
      supplement thereto, such Holder has furnished in writing to the Company
      information expressly for use in such Registration Statement or Prospectus
      or
      any amendment thereof or supplement thereto which corrected or made not
      misleading information previously furnished to the Company. In no event shall
      the liability of any Holder hereunder be greater in amount than the dollar
      amount of the proceeds received by such Holder upon the sale of the Registrable
      Securities giving rise to such indemnification obligation.

    

    (c) Conduct
      of Indemnification Proceedings.
      Any
      Person entitled to indemnification hereunder agrees to give prompt written
      notice to the indemnifying party after the receipt by such Person of any written
      notice of the commencement of any action, suit, proceeding or investigation
      or
      threat thereof made in writing for which such Person will claim indemnification
      or contribution pursuant to the provisions hereof and, unless in the judgment
      of
      counsel of such indemnified party, a conflict of interest may exist between
      such
      indemnified party and the indemnifying party with respect to such claim, permit
      the indemnifying party to assume the defense of such claim. 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 written consent
      (but such consent will not be unreasonably withheld). No indemnifying party
      will
      consent to 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. If the indemnifying party is not entitled to, or elects
      not
      to, assume the defense of a claim, it will not be obligated to pay the fees
      and
      expenses of more than one counsel (plus such local counsel, if any, as may
      be
      reasonably required in other jurisdictions) with respect to such claim, unless
      in the judgment of any indemnified party a conflict of interest may exist
      between such indemnified party and any other of such indemnified parties with
      respect to such claim, in which event the indemnifying party shall be obligated
      to pay the reasonable fees and expenses of such additional counsel or counsels.
      For the purposes of this Section 5(c), the term “conflict of interest” shall
      mean that there are one or more legal defenses available to the indemnified
      party that are different from or additional to those available to the
      indemnifying party or such other indemnified parties, as applicable, which
      different or additional defenses make joint representation
      inappropriate.

    
      
        
        

      

      
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    (d) Contribution.
      If the
      indemnification from the indemnifying party provided for in this Section 5
      is
      unavailable to an indemnified party hereunder in respect of any losses, claims,
      damages, liabilities or expenses referred to therein, then the indemnifying
      party, in lieu of indemnifying such indemnified party, shall contribute to
      the
      amount paid or payable by such indemnified party as a result of such losses,
      claims, damages, liabilities or expenses in such proportion as is appropriate
      to
      reflect the relative fault of the indemnifying party and indemnified parties
      in
      connection with the actions which resulted in such losses, claims, damages,
      liabilities or expenses, as well as any other relevant equitable considerations.
      The relative fault of such indemnifying party and indemnified parties shall
      be
      determined by reference to, among other things, whether any action in question,
      including any untrue or alleged untrue statement of a material fact, has been
      made by, or relates to information supplied by, such indemnifying party or
      indemnified parties, and the parties intent, knowledge, access to information
      and opportunity to correct or prevent such action. The amount paid or payable
      by
      a party as a result of the losses, claims, damages, liabilities and expenses
      referred to above shall be deemed to include, subject to the limitations set
      forth in Section 5(c), any reasonable legal or other fees or expenses reasonably
      incurred by such party in connection with any investigation or proceeding.
      No
      Person guilty of fraudulent misrepresentation (within the meaning of Section
      11(f) of the Securities Act) shall be entitled to contribution from any person
      who was not guilty of such fraudulent misrepresentation.

    

    (e) If
      indemnification is available under this Section 5, the indemnifying parties
      shall indemnity each indemnified party to the full extent provided in Sections
      5(a) and (b) without regard to the relative fault of said indemnifying party
      or
      indemnified party or any other equitable consideration provided for in this
      Section 5.

    

    6. Transfer
      of Rights.

    

    The
      rights to cause the Company to register Registrable Securities granted pursuant
      to the provisions hereof may be transferred or assigned by any Holder to a
      transferee or assignee who acquires both at least 25,000 Shares and Warrants
      to
      acquire at least 12,500 Shares (all subject to appropriate adjustment for stock
      splits, stock dividends and combinations); provided;
      however,
      that
      the transferee or assignee of such rights assumes the obligations of such
      transferor or assignor, as the case may be, hereunder by delivery to the Company
      of a written instrument of assignment.

    

    7. Amendment

    

    Except
      as
      otherwise provided herein, the provisions hereof may not be amended, modified
      or
      supplemented, and waivers or consents to departures from the provisions hereof
      may not be given, unless the Company has obtained the written consent of Holders
      of at least a majority of the aggregate number of the Registrable Securities
      then outstanding and, to the extent that the Company is to be bound thereby,
      such consent is in writing and signed by the Company.

    
      
        
        

      

      
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          41 -

        
          

        

      

      
        
        

      

    

    8. Inconsistencies

    

    To
      the
      extent that there is any inconsistency between the terms of this Annex A and
      the
      terms of the Memorandum or the Subscription Agreement, the terms of this Annex
      A
      shall govern and be controlling. 

    
      
        
        

      

      
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          42 -

        
          

        

      

      
        
        

      

    

    EXHIBIT
      B

    

    RIGHT
      OF
      PARTICIPATION

    

    (a) From
      the
      date hereof until the 12 month anniversary of the Effective Date, upon any
      financing by the Company of Common Stock or Common Stock Equivalents (a
“Subsequent Financing”), each Subscriber shall have the right to participate in
      the Subsequent Financing (the “Participation Maximum”).

     

    (b) At
      least
      5 Trading Days prior to the closing of the Subsequent Financing, the Company
      shall deliver to each Subscriber a written notice of its intention to effect
      a
      Subsequent Financing (“Pre-Notice”), which Pre-Notice shall ask such Subscriber
      if it wants to review the details of such financing (such additional notice,
      a
“Subsequent Financing Notice”). Upon the request of a Subscriber, and only upon
      a request by such Subscriber, for a Subsequent Financing Notice, the Company
      shall promptly, but no later than 2 Trading Days after such request, deliver
      a
      Subsequent Financing Notice to such Subscriber. The Subsequent Financing Notice
      shall describe in reasonable detail the proposed terms of such Subsequent
      Financing, the amount of proceeds intended to be raised thereunder, the
      person(s) with whom such Subsequent Financing is proposed to be effected, and
      attached to which shall be a term sheet or similar document relating thereto.
      

    

    (c) Any
      Subscriber desiring to participate in such Subsequent Financing must provide
      written notice to the Company by not later than 5:30 p.m. (New York City time)
      on the 5th Trading Day (the “Subsequent Financing Notice Deadline”) after the
      Company has sent to all of the Subscribers Subsequent Financing Notice that
      the
      Subscriber is willing to participate in the Subsequent Financing, the amount
      of
      the Subscriber’s participation, and that the Subscriber has such funds ready,
      willing, and available for investment on the terms set forth in the Subsequent
      Financing Notice. If the Company receives no notice from a Subscriber as of
      Subsequent Financing Notice Deadline , such Subscriber shall be deemed to have
      notified the Company that it does not elect to participate. 

     

    (d) If
      by
      5:30 p.m. (New York City time) on the Subsequent Financing Notice Deadline
      , the
      Company receives responses to a Subsequent Financing Notice from Subscribers
      seeking to purchase more than the aggregate amount of the Participation Maximum,
      each such Subscriber shall have the right to purchase the greater of (a) their
      Pro Rata Portion (as defined below) of the Participation Maximum and (b) the
      difference between the Participation Maximum and the aggregate amount of
      participation by all other Subscribers. “Pro Rata Portion” is the ratio of (x)
      the Subscription Amount of Securities purchased by a participating Subscriber
      and (y) the sum of the aggregate Subscription Amount of all participating
      Subscribers in this Offering.

     

    (e) If
      by
      5:30 p.m. (New York City time) on the Subsequent Financing Notice Deadline,
      notifications by the Subscribers of their willingness to participate in the
      Subsequent Financing (or to cause their designees to participate) is, in the
      aggregate, less than the total amount of the Subsequent Financing, then the
      Company may effect the remaining portion of such Subsequent Financing on the
      terms and to the Persons set forth in the Subsequent Financing Notice.

    

    (f) The
      Company must provide the Subscribers with a second Subsequent Financing Notice,
      and the Subscribers will again have the right of participation set forth above
      in this Exhibit B, if the Subsequent Financing subject to the initial Subsequent
      Financing Notice is not consummated for any reason on the terms set forth in
      such Subsequent Financing Notice within 60 Trading Days after the date of the
      initial Subsequent Financing Notice. 

    
      
        
        

      

      
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          43 -

        
          

        

      

      
        
        

      

    

    (g) Notwithstanding
      the foregoing, this Exhibit B shall not apply in respect of an Exempt
      Issuance.

    

    (h) Capitalized
      terms used herein without definition shall have the respective meanings given
      such terms as set forth in the Subscription Agreement between Geeks on Call
      Holdings, Inc. and the Subscriber signatory thereto (the “Subscription
      Agreement”)
      or in
      the Company’s Confidential Private Placement Memorandum, dated as of October 22,
      2007 (as amended or supplemented, and together with all exhibits attached
      thereto, the “Memorandum”).
      As
      used herein, the following terms shall have the following meanings:

    

    “Common
      Stock”
means
      the common stock of the Company, par value $0.001 per share, and any securities
      into which such common stock shall hereinafter have been reclassified
      into.

    

    “Common
      Stock Equivalents”
means
      any securities of the Company or the Subsidiaries which would entitle the holder
      thereof to acquire at any time Common Stock, including without limitation,
      any
      debt, preferred stock, rights, options, warrants or other instrument that is
      at
      any time convertible into or exchangeable for, or otherwise entitles the holder
      thereof to receive, Common Stock.

    

    “Effective
      Date”
means
      the date that the registration statement required to be filed by the Company
      under the terms of Exhibit A is declared effective by the SEC.

    

    “Exempt
      Issuance”
means
      the issuance of (a) shares of Common Stock or options to employees, officers
      or
      directors of the Company pursuant to any stock or option plan duly adopted
      by a
      majority of the non-employee members of the Board of Directors of the Company
      or
      a majority of the members of a committee of non-employee directors established
      for such purpose, (b) securities upon the exercise of or conversion of any
      Securities issued in the Offering, convertible securities, options or warrants
      issued and outstanding on the date of this Agreement, provided that such
      securities have not been amended since the date of this Agreement to increase
      the number of such securities or to decrease the exercise or conversion price
      of
      any such securities, (c) securities issued pursuant to acquisitions or strategic
      transactions (including, without limitation, equipment leases or the purchase
      of
      equipment in the ordinary course of business), provided any such issuance shall
      only be to a Person which is, itself or through its subsidiaries, an operating
      company in a business synergistic with the business of the Company and in which
      the Company receives benefits in addition to the investment of funds, but shall
      not include a transaction in which the Company is issuing securities primarily
      for the purpose of raising capital or to an entity whose primary business is
      investing in securities, and (d) issuances of securities issued by the Company
      in connection with a public offering which is underwritten on a firm commitment
      basis. 

    

    “SEC”
means
      the Securities and Exchange Commission.

    

    “Trading
      Day”
means
      a
      day on which the Company’s shares of Common Stock is traded on a Trading
      Market.

     

    “Trading
      Market”
means
      the following markets or exchanges on which the Common Stock is listed or quoted
      for trading on the date in question: the Nasdaq Stock Market, the American
      Stock
      Exchange, the New York Stock Exchange, or the OTC Bulletin Board.

     

    
      
        
        

      

      
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          44 -

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