Document:

THESE
      SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION
      OR THE SECURITIES COMMISSION OF ANY STATE AND HAVE BEEN ISSUED IN RELIANCE
      UPON
      AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED
      (THE
      "SECURITIES ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT
      TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT
      TO
      AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE
      REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
      APPLICABLE STATE SECURITIES LAWS.

    

    THESE
      WARRANTS WILL EXPIRE AND BECOME NULL AND VOID

    AT
      4:30
      P.M. (NEW YORK TIME) ON [___________], 2011

     

    SHARE
      PURCHASE WARRANTS

    TO
      PURCHASE COMMON SHARES OF

    VERIDICOM
      INTERNATIONAL, INC.

     

    incorporated
      in the State of Delaware

     

    THIS
      IS
      TO CERTIFY THAT [_________] (the “Holder”), has the right to purchase, upon and
      subject to the terms and conditions hereinafter referred to, up
      to [            
] fully paid and non-assessable common shares (the “Shares”) in the capital
      of Veridicom International, Inc. (hereinafter called the “Company”) on or before
      4:30 p.m. (New York time) on [________], 2011 (the “Expiry Date”) at a
      price per Share (the “Exercise Price”) of US$0.20 on the terms and conditions
      attached hereto as Appendix “A” (the “Terms and Conditions”).

     

    
      	 	
              1.

            	
              ONE
                (1) WARRANT AND THE EXERCISE PRICE ARE REQUIRED TO PURCHASE ONE SHARE.
                THIS CERTIFICATE REPRESENTS [_________]
                WARRANTS.

            

    

     

    
      	 	
              2.

            	
              These
                Warrants are issued subject to the Terms and Conditions, and the
                Warrant
                Holder may exercise the right to purchase Shares only in accordance
                with
                those Terms and Conditions.

            

    

     

    
      	 	
              3.

            	
              Nothing
                contained herein or in the Terms and Conditions will confer any right
                upon
                the Holder hereof or any other person to subscribe for or purchase
                any
                Shares at any time subsequent to the Expiry Date, and from and after
                such
                time, this Warrant and all rights hereunder will be void and of no
                value.

            

    

     

    IN
      WITNESS WHEREOF the Company has executed this Warrant Certificate this [__]
      day
      of [____], 2006.

     

    VERIDICOM
      INTERNATIONAL, INC.

    

     

    
      	Per:	
               

              
                

              

              Authorized
                Signatory

            

    

    

    THESE
      SECURITIES WERE ISSUED IN AN OFFSHORETRANSACTION TO PERSONS WHO ARE NOT U.S.
      PERSONS (AS DEFINED IN REGULATION S UNDER THE 1933 ACT) PURSUANT TO REGULATION
      S
      UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT").
      NONE OF
      THE SECURITIES TO WHICH THIS CERTIFICATE RELATES HAVE BEEN REGISTERED UNDER
      THE
      1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, NONE
      MAY
      BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR TO U.S.
      PERSONS EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE
      1933
      ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR
      PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
      THE
      REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE
      WITH ALL APPLICABLE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING
      THE SECURITIES MAYNOT BE CONDUCTED UNLESS IN ACCORDANCE WITH THE 1933
      ACT.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    APPENDIX
      “A”

    

    TERMS
      AND
      CONDITIONS dated [______], 2006, attached to the Warrants issued by Veridicom
      International, Inc.

     

    
      	1.	
              INTERPRETATION

            

    

     

    1.1  Definitions

     

    In
      these
      Terms and Conditions, unless there is something in the subject matter or context
      inconsistent therewith:

     

    
      	(a)  	
              “Company”
                means Veridicom International, Inc. until a successor corporation
                will
                have become such as a result of consolidation, amalgamation or merger
                with
                or into any other corporation or corporations, or as a result of
                the
                conveyance or transfer of all or substantially all of the properties
                and
                estates of the Company as an entirety to any other corporation and
                thereafter “Company” will mean such successor
                corporation;

            

    

     

    
      	(b)  	
              “Company’s
                Auditors” means an independent firm of accountants duly appointed as
                auditors of the Company;

            

    

     

    
      	(c)  	
              “Director”
                means a director of the Company for the time being, and reference,
                without
                more, to action by the directors means action by the directors of
                the
                Company as a Board, or whenever duly empowered, action by an executive
                committee of the Board;

            

    

     

    
      	(d)  	
              “herein”,
                “hereby” and similar expressions refer to these Terms and Conditions as
                the same may be amended or modified from time to time; and the expression
                “Article” and “Section,” followed by a number refer to the specified
                Article or Section of these Terms and
                Conditions;

            

    

     

    
      	(e)  	
              “person”
                means an individual, corporation, partnership, trustee or any
                unincorporated organization and words importing persons have a similar
                meaning;

            

    

     

    
      	(f)  	
              “shares”
                means the common shares in the capital of the Company as constituted
                at
                the date hereof and any shares resulting from any subdivision or
                consolidation of the shares;

            

    

     

    
      	(g)  	
              “Warrant
                Holders” or “Holders” means the holders of the Warrants;
                and

            

    

     

    
      	(h)  	
              “Warrants”
                means the warrants of the Company issued and presently authorized
                and for
                the time being outstanding.

            

    

     

    1.2  Gender

     

    Words
      importing the singular number include the plural and vice versa and words
      importing the masculine gender include the feminine and neuter
      genders.

     

    1.3  Interpretation
      not affected by Headings

     

    The
      division of these Terms and Conditions into Articles and Sections, and the
      insertion of headings are for convenience of reference only and will not affect
      the construction or interpretation thereof.

     

    1.4  Applicable
      Law

     

    The
      Warrants will be construed in accordance with the laws of the state of
      Delaware.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	2.	
              ISSUE
                OF WARRANTS

            

    

     

    2.1  Additional
      Warrants

     

    The
      Company may at any time and from time to time issue additional warrants or
      grant
      options or similar rights to purchase shares of its capital stock.

     

    2.2  Warrant
      to Rank Pari
      Passu

     

    All
      Warrants and additional warrants, options or similar rights to purchase shares
      from time to time issued or granted by the Company, will rank pari
      passu
      whatever
      may be the actual dates of issue or grant thereof, or of the dates of the
      certificates by which they are evidenced.

     

    2.3  Issue
      in substitution for Lost Warrants

     

    
      	(a)  	
              In
                case a Warrant becomes mutilated, lost, destroyed or stolen, the
                Company,
                at its discretion, may issue and deliver a new Warrant of like date
                and
                tenor as the one mutilated, lost, destroyed or stolen, in exchange
                for and
                in place of and upon cancellation of such mutilated Warrant, or in
                lieu
                of, and in substitution for such lost, destroyed or stolen Warrant
                and the
                substituted Warrant will be entitled to the benefit hereof and rank
                equally in accordance with its terms with all other Warrants issued
                or to
                be issued by the Company.

            

    

     

    
      	(b)  	
              The
                applicant for the issue of a new Warrant pursuant hereto will bear
                the
                cost of the issue thereof and in case of loss, destruction or theft
                furnish to the Company such evidence of ownership and of loss,
                destruction, or theft of the Warrant so lost, destroyed or stolen
                as will
                be satisfactory to the Company in its discretion and such applicant
                may
                also be required to furnish indemnity in amount and form satisfactory
                to
                the Company in its discretion, and will pay the reasonable charges
                of the
                Company in connection therewith.

            

    

     

    2.4  Warrant
      Holder Not a Shareholder

     

    The
      holding of a Warrant will not constitute the Holder thereof a shareholder of
      the
      Company, nor entitle him to any right or interest in respect thereof except
      as
      in the Warrant expressly provided.

     

    
      	3.	
              NOTICE

            

    

     

    3.1  Notice
      to Warrant Holders

     

    Any
      notice required or permitted to be given to the Holders will be in writing
      and
      may be given by prepaid registered post, electronic facsimile transmission
      or
      other means of electronic communication capable of producing a printed copy
      to
      the address of the Holder appearing on the Holder’s Warrant or to such other
      address as any Holder may specify by notice in writing to the Company, and
      any
      such notice will be deemed to have been given and received by the Holder to
      whom
      it was addressed if mailed, on the third day following the mailing thereof,
      if
      by facsimile or other electronic communication, on successful transmission,
      or,
      if delivered, on delivery; but if at the time or mailing or between the time
      of
      mailing and the third business day thereafter there is a strike, lockout, or
      other labour disturbance affecting postal service, then the notice will not
      be
      effectively given until actually delivered.

     

    3.2  Notice
      to the Company

     

    Any
      notice required or permitted to be given to the Company will be in writing
      and
      may be given by prepaid registered post, electronic facsimile transmission
      or
      other means of electronic communication capable of producing a printed copy
      to
      the address of the Company set forth below or such other address as the Company
      may specify by notice in writing to the Holder, and any such notice will be
      deemed to have been given and received by the Company to whom it was addressed
      if mailed, on the third day following the mailing thereof, if by facsimile
      or
      other electronic communication, on successful transmission, or, if delivered,
      on
      delivery; but if at the time or mailing or between the time of mailing and
      the
      third business day thereafter there is a strike, lockout, or other labour
      disturbance affecting postal service, then the notice will not be effectively
      given until actually delivered:

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    Veridicom
      International, Inc.

    3800-999
      3rd
      Avenue

    Seattle,
      Washington 98104-4023

    Attention:
      Paul Mann

    Fax:
      (206) 224-6207

     

    with
      a
      copy to:

    

    
      	 	
              Sichenzia
                Ross Friedman Ference LLP 
                1065
                  Avenue of the Americas

                New
                  York, New York 10018 

                Attention:
                  Marc J. Ross, Esq.

                Fax:
                  (212) 930-9725

              

            

    

     

    
      	
              4.

            	
              EXERCISE
                OF WARRANTS

            

    

     

    4.1  Method
      of Exercise of Warrants

     

    The
      right
      to purchase shares conferred by the Warrants may be exercised by the Holder
      surrendering the Warrant Certificate representing same, with a duly completed
      and executed subscription in the form attached hereto and a bank draft or
      certified check payable to or to the order Company, for the purchase price
      applicable at the time of surrender in respect of the shares subscribed for
      in
      lawful money of the United States of America, to the Company at the address
      set
      forth in, or from time to time specified by the Company pursuant to, Section
      3.2. 

     

    4.2  Effect
      of Exercise of Warrants

     

    
      	(a)  	
              Upon
                surrender and payment as aforesaid the shares so subscribed for will
                be
                deemed to have been issued and such person or persons will be deemed
                to
                have become the Holder or Holders of record of such shares on the
                date of
                such surrender and payment, and such shares will be issued at the
                subscription price in effect on the date of such surrender and
                payment.

            

    

     

    
      	(b)  	
              Within
                five business days after surrender and payment as aforesaid, the
                Company
                will forthwith cause to be delivered to the person or persons in
                whose
                name or names the shares so subscribed for are to be issued as specified
                in such subscription or mailed to him or them at his or their respective
                addresses specified in such subscription, a certificate or certificates
                for the appropriate number of shares not exceeding those which the
                Warrant
                Holder is entitled to purchase pursuant to the Warrant
                surrendered.

            

    

     

    
      	(c)  	
              If
                the Company fails to deliver to the Holder a certificate or certificates
                representing the shares within five trading days from the delivery
                of an
                exercise notice, then the Holder will have the right to rescind such
                exercise. 

            

    

     

    4.3  Subscription
      for Less Than Entitlement

     

    The
      Holder of any Warrant may subscribe for and purchase a number of shares less
      than the number which he is entitled to purchase pursuant to the surrendered
      Warrant. In the event of any purchase of a number of shares less than the number
      which can be purchased pursuant to a Warrant, the Holder thereof upon exercise
      thereof will in addition be entitled to receive a new Warrant in respect of
      the
      balance of the shares which he was entitled to purchase pursuant to the
      surrendered Warrant and which were not then purchased.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    4.4  Warrants
      for Fractions of Shares

     

    To
      the
      extent that the Holder of any Warrant is entitled to receive on the exercise
      or
      partial exercise thereof a fraction of a share, such right may be exercised
      in
      respect of such fraction only in combination with another Warrant or other
      Warrants which in the aggregate entitle the Holder to receive a whole number
      of
      such shares.

     

    4.5  Expiration
      of Warrants

     

    After
      the
      expiration of the period within which a Warrant is exercisable, all rights
      thereunder will wholly cease and terminate and such Warrant will be void and
      of
      no effect.

     

    4.6  Time
      of Essence

     

    Time
      will
      be of the essence hereof.

     

    4.7  Subscription
      Price

     

    Each
      Warrant is exercisable at a price per share (the “Exercise Price”) of US$0.20.
      One (1) Warrant and the Exercise Price are required to subscribe for each share
      during the term of the Warrants.

     

    4.8  Adjustment
      of Exercise Price

     

    
      	(a)  	
              The
                Exercise Price and the number of shares deliverable upon the exercise
                of
                the Warrants will be subject to adjustment in the event and in the
                manner
                following:

            

    

     

    
      	(i)  	
              If
                and whenever the Company issues or sells any shares of the Company
                for an
                effective consideration per share of less than the then Exercise
                Price or
                for no consideration (such lower price, the “Base Share Price”), then, the
                Exercise Price shall be reduced to equal the Base Share Price. Such
                adjustment shall be made whenever shares of the Company are
                issued.

            

    

     

    
      	(ii)  	
              If
                and whenever the shares at any time outstanding are subdivided into
                a
                greater or consolidated into a lesser number of shares the Exercise
                Price
                will be decreased or increased proportionately as the case may be;
                upon
                any such subdivision or consolidation the number of shares deliverable
                upon the exercise of the Warrants will be increased or decreased
                proportionately as the case may be.

            

    

     

    
      	(iii)  	
              In
                case of any capital reorganization or of any reclassification of
                the
                capital of the Company or in the case of the consolidation, merger
                or
                amalgamation of the Company with or into any other Company (hereinafter
                collectively referred to as a “Reorganization”), each Warrant will after
                such Reorganization confer the right to purchase the number of shares
                or
                other securities of the Company (or of the Company’s resulting from such
                Reorganization) which the Warrant Holder would have been entitled
                to upon
                Reorganization if the Warrant Holder had been a shareholder at the
                time of
                such Reorganization.

            

    

     

    In
      any
      such case, if necessary, appropriate adjustments will be made in the application
      of the provisions of this Article Four relating to the rights and interest
      thereafter of the Holders of the Warrants so that the provisions of this
      Article Four will be made applicable as nearly as reasonably possible to
      any shares or other securities deliverable after the Reorganization on the
      exercise of the Warrants.

     

    The
      subdivision or consolidation of shares at any time outstanding into a greater
      or
      lesser number of shares (whether with or without par value) will not be deemed
      to be a Reorganization for the purposes of this clause 4.8(a)(ii).

     

    
      	(b)  	
              The
                adjustments provided for in this Section 4.8 are cumulative and will
                become effective immediately after the record date or, if no record
                date
                is fixed, the effective date of the event which results in such
                adjustments.

            

    

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

     

    4.9  Determination
      of Adjustments

     

    If
      any
      questions will at any time arise with respect to the Exercise Price or any
      adjustment provided for in Section 4.8, such questions will be conclusively
      determined by the Company’s Auditors, or, if they decline to so act any other
      firm of certified public accountants in the United States of America that the
      Company may designate and who will have access to all appropriate records and
      such determination will be binding upon the Company and the Holders of the
      Warrants.

     

    
      	5.	
              COVENANTS
                BY THE COMPANY

            

    

     

    5.1  Reservation
      of Shares

     

    The
      Company will reserve and there will remain unissued out of its authorized
      capital a sufficient number of shares to satisfy the rights of purchase provided
      for herein and in the Warrants should the Holders of all the Warrants from
      time
      to time outstanding determine to exercise such rights in respect of all shares
      which they are or may be entitled to purchase pursuant thereto and
      hereto.

     

    
      	6.	
              WAIVER
                OF CERTAIN RIGHTS

            

    

     

    6.1  Immunity
      of Shareholders, etc.

     

    The
      Warrant Holder, as part of the consideration for the issue of the Warrants,
      waives and will not have any right, cause of action or remedy now or hereafter
      existing in any jurisdiction against any past, present or future incorporator,
      shareholder, Director or Officer (as such) of the Company for the issue of
      shares pursuant to any Warrant or on any covenant, agreement, representation
      or
      warranty by the Company herein contained or in the Warrant.

     

    
      	7.	
              MODIFICATION
                OF TERMS, MERGER,
                SUCCESSORS

            

    

     

    7.1  Modification
      of Terms and Conditions for Certain Purposes

     

    From
      time
      to time the Company may, subject to the provisions of these presents, modify
      the
      Terms and Conditions hereof, for the purpose of correction or rectification
      of
      any ambiguities, defective provisions, errors or omissions herein.

     

    7.2  Warrants
      Not Transferable

     

    The
      Warrant and all rights attached to it are not transferable.

     

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

     

    FORM
      OF SUBSCRIPTION

    
      	
              TO:

            	
              Veridicom
                International, Inc. 
                3800-999
                  3rd
                  Avenue

                Seattle,
                  Washington 98104

              

            

    

    
       

    

    The
      undersigned Holder of the within Warrants hereby subscribes for
      ___________________ common shares (the “Shares”) of Veridicom International,
      Inc. (the “Company) pursuant to the within Warrants at US$0.20 per Share on the
      terms specified in the said Warrants. This subscription is accompanied by a
      certified cheque or bank draft payable to or to the order of the Company for
      the
      whole amount of the purchase price of the Shares.

     

    The
      undersigned hereby directs that the Shares be registered as
      follows:

    

    
      	
              NAME(S)
                IN FULL

            	 	
              ADDRESS(ES)

            	 	
              NUMBER
                OF SHARES

            
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	
              TOTAL:

            	 	 

    

     

    (Please
      print full name in which share certificates are to be issued, stating whether
      Mr., Mrs. or Miss is applicable).

     

    DATED
      this _____ day of ______________________, 200___.

     

    In
      the
      presence of:

     

    
      	 	 	 
	Signature of Witness	 	Signature of Warrant
              Holder

    

     

    Please
      print below your name and address in full.

     

    
      
        	Name
                (Mr./Mrs./Miss)	 
	Address	 
	 	 

      
  

     

    INSTRUCTIONS
      FOR SUBSCRIPTION

     

    The
      signature to the subscription must correspond in every particular with the
      name
      written upon the face of the Warrant without alteration or enlargement or any
      change whatever. If there is more than one subscriber, all must
      sign.

     

    In
      the
      case of persons signing by agent or attorney or by personal representative(s),
      the authority of such agent, attorney or representative(s) to sign must be
      proven to the satisfaction of the Company.

     

    If
      the
      Warrant certificate and the form of subscription are being forwarded by mail,
      registered mail must be employed.PRIVATE
      PLACEMENT SUBSCRIPTION

    

    

    INSTRUCTIONS
      TO SUBSCRIBER

    

    
      	1.	
              COMPLETE
                the
                information required on Page 1 of the
                Subscription.

            

    

    

    
      	2.	
              IF
                YOU ARE A NATURAL PERSON
                complete the Signature Page for Individual Subscribers on page 12
                of the
                Subscription

            

    

    

    -
      OR -

    

    IF
      YOU ARE NOT A NATURAL PERSON
      complete
      the Signature Page for Entities on page 13 of the Subscription.

    

    
      	3.	
              COMPLETE
                the
                Registration and Delivery Instructions on page 14 of the
                Subscription.

            

    

    

    
      	4.	
              IF
                YOU ARE A FOREIGN PORTFOIO MANAGER
                complete the Certification by Foreign Portfolio Manager on page 15
                of the
                Subscription.

            

    

    

    
      	5.	
              WIRE
                the
                Subscription Funds to the Issuer, pursuant to the wire instructions
                provided on page 2 of the
                Subscription.

            

    

    

    
      	6.	
              FAX
                a
                copy of pages 1, 12, 13 or 14 and, if required page 15 to Sichenzia
                Ross
                Friedman Ference LLP, counsel to the Issuer, attention Marc J. Ross,
                Esq.
                at 212-930-9725.

            

    

    

    
      	7.	
              COURIER
                the
                originally executed copy of the Subscription to Sichenzia Ross Friedman
                Ference LLP, counsel to the Issuer as
                follows:

            

    

    

    
      	
              Sichenzia
                Ross Friedman Ference LLP

              1065
                Avenue of the Americas

              New
                York, New York 10018

              Attention:
                Marc J. Ross, Esq.

            

    

     

    If
      you
      have any questions please contact Paul Mann, Chief Executive Officer of the
      Issuer, at: (206)
      224-6206

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

      THE
        SECURITIES OFFERED HEREIN HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES
        ACT
        OF 1933, AS AMENDED (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE
        UNITED STATES OR TO U.S. PERSONS (AS THAT TERMS IS DEFINED IN THE 1933 ACT)
        UNLESS THE SECURITIES ARE REGISTERED UNDER THE 1933 ACT, OR AN EXEMPTION
        FROM
        THE REGISTRATION REQUIREMENTS OF THE 1933 ACT IS AVAILABLE. THIS SUBSCRIPTION
        IS
        EXECUTED IN RELIANCE UPON THE EXEMPTIONS PROVIDED BY RULE 903 OF REGULATION
        S
        UNDER THE 1933 ACT.

    VERIDICOM
      INTERNATIONAL, INC.

     

    
      

    

    

    SUBSCRIPTION

     

    
      

    

     

    THIS
      SUBSCRIPTION (the
      “Subscription”) has been executed by the undersigned in connection with an
      offering (the “Offering”) of up to 10,000,000 units (the “Units”) by Veridicom
      International, Inc., a corporation organized under the laws of the State of
      Delaware (hereinafter referred to as the “Issuer”). Each Unit consists of 1
      share of the Issuer’s common stock, par value $0.001 (each a “Unit Share”) and 1
      share purchase warrant (a “Unit Warrant”). Each Unit Warrant entitles the holder
      to acquire one additional share of the Issuer’s common stock, par value $0.001
      (a “Warrant Share”) at a price of $0.20 for a period of 60 months following the
      closing of the Offering. The Units being subscribed for pursuant to this
      Subscription have not been registered under the 1933 Act. The offer of the
      Units
      and, if this Subscription is accepted by the Issuer, the sale of Units, is
      being
      made in reliance upon Rule 903 of Regulation S promulgated under the 1933 Act.
      (All dollar amounts in this Subscription are expressed in U.S.
      Dollars).

    

    
      	 The undersigned
              Subscriber:
	 	 
	NAME:	 
	ADDRESS:	 

    

    

    if
      applicable, a [Corporate][Partnership][Trust] organized under the laws of
      _____________________,
      (hereinafter
      referred to as the “Subscriber”) hereby represents, warrants and covenants to,
      and agrees with the Issuer as follows:

    

    ARTICLE
      1

    SUBSCRIPTION

    

    Subscription

    

    1.1 The
      undersigned Subscriber, as principal or on behalf of accounts fully managed
      by
      it, hereby subscribes to purchase [________] Units, having a purchase price
      of
      $0.04 per Unit, at an aggregate purchase price of $[__________] (the
“Subscription Price”).

    

    Method
      of Payment

    

    1.3 The
      Subscriber shall pay the Subscription Price by delivering good funds in United
      States Dollars by way of wire transfer of funds to the Issuer and concurrent
      with the execution and delivery of this Subscription. The wire transfer
      instructions are:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Wires
      from Correspondent Banks Worldwide:

    

      
        	
                Bank:

              	
                Wells
                  Fargo

              
	
                 

              	999-3rd
                Avenue, Lobby Level
	 	
                Seattle,
                  Washington 98104

              
	
                Account
                  Name:

              	
                Veridicom
                  International, Inc.

              
	
                Account
                  Number:

              	
                3800
                  334 538

              
	
                SWIFT
                  ID:

              	
                WFBIUS6SSEA

              
	
                ABA
                  No.:

              	
                121
                  000 248

              

      

    The
      Issuer shall take up the Subscription Funds and issue to the Subscriber a
      certificate or certificates representing the Unit Shares and the Unit Warrants
      (the “Certificates”) pursuant to Article 7 hereof. The Subscriber acknowledges
      that the subscription for Units hereunder may be rejected in whole or in part
      by
      the Issuer in its sole discretion.

    

    ARTICLE
      2

    REPRESENTATIONS
      AND WARRANTIES OF THE SUBSCRIBER

    

    Representations
      and Warranties

    

    2.1 The
      Subscriber represents and warrants in all material respects to the Issuer,
      with
      the intent that the Issuer will rely thereon in accepting this Subscription,
      that:

    

    
      	(a)  	
              Experience.
                The Subscriber is sufficiently experienced in financial and business
                matters to be capable of evaluating the merits and risks of its
                investments, and to make an informed decision relating thereto, and
                to
                protect its own interests in connection with the purchase of the
                Units;

            

    

    

    
      	(b)  	
              Own
                Account.
                The Subscriber is purchasing the Unit Shares and the Unit Warrants,
                and
                will be purchasing any Warrant Shares issued upon exercise of the
                Unit
                Warrants (collectively the “Securities”) as principal for its own account,
                unless the Subscriber is a Foreign Portfolio Manager and has completed
                the
                Certification for Foreign Portfolio Managers on page 15 of this
                Subscription, in which case the Subscriber is or will be purchasing
                the
                Securities on behalf of accounts fully managed by it. The Subscriber
                is or
                will be purchasing the Securities for investment purposes only and
                not
                with an intent or view towards further sale thereof, and has not
                pre-arranged any sale with any other
                subscriber;

            

    

    

    
      	(c)  	
              Not
                Underwriter.
                The Subscriber is not an underwriter, or dealer in, the Securities,
                and
                the Subscriber is not participating, pursuant to a contractual agreement,
                in a distribution of the
                Securities;

            

    

    

    
      	(d)  	
              Importance
                of Representations.
                The Subscriber understands that the Units are being offered and sold
                to it
                in reliance on an exemption from the registration requirements of
                the 1933
                Act, and that the Issuer is relying upon the truth and accuracy of
                the
                representations, warranties, agreements, acknowledgments and
                understandings of the Subscriber set forth herein in order to determine
                the applicability of such exemptions and the suitability of the Subscriber
                to acquire the Units;

            

    

    

    
      	(e)  	
              No
                Registration.
                The Units have not been registered under the 1933 Act and may not
                be
                transferred, sold, assigned, hypothecated or otherwise disposed of
                unless
                such transaction is the subject of a registration statement filed
                with and
                declared effective by the Securities and Exchange Commission (the
“SEC”)
                or unless an exemption from the registration requirements under the
                1933
                Act, such as Rule 144, is available. The Subscriber represents and
                warrants and hereby agrees that all offers and sales of the Securities
                shall be made only pursuant to such registration or to such exemption
                from
                registration;

            

    

     

    
      
        
        

      

      
        Page
          2

        
          

        

      

      
        
        

      

    

     

    
      	(f)  	
              Compliance
                with Securities Laws.
                The offer and sale of the Units under this Subscription does not
                contravene any of the applicable securities legislation in the
                jurisdiction in which the Subscriber (or any beneficial person for
                whom it
                is acting) resides and does not give rise to any obligation of the
                Issuer
                to prepare and file a prospectus or similar document or to register
                the
                Securities or to be registered with or to file any report or notice
                with
                any governmental or regulatory
                authority;

            

    

    

    
      	(g)  	
              Risk.
                The Subscriber acknowledges that the purchase of the Securities involves
                a
                high degree of risk, is aware of the risks and further acknowledges
                that
                it can bear the economic risk of the Securities, including the total
                loss
                of its investment;

            

    

    

    
      	(h)  	
              Current
                Information.
                The Subscriber has been furnished with or has acquired copies of
                all
                requested information concerning the Issuer, including copies of
                reports
                (the “Reports”) filed by the Issuer pursuant to the United States
                Securities Exchange Act of 1934, as amended (the “1934
                Act”);

            

    

    

    
      	(i)  	
              Independent
                Investigation.
                The Subscriber, in making the decision to subscribe for the Units,
                has
                relied upon independent investigations made by it and its representatives
                or advisors, if any, has, together with its representatives or advisors,
                if any, reviewed the Reports and the Subscriber and such representatives
                or advisors, if any, have, prior to making this Subscription, been
                given
                access and the opportunity to examine all material contracts and
                documents
                relating to the Offering and an opportunity to ask questions of,
                and to
                receive answers from, the Issuer or any person acting on its behalf
                concerning the terms and conditions of the Offering. The Subscriber
                and
                its representatives or advisors, if any, have been furnished with
                access
                to all materials relating to the business, finances and operation
                of the
                Issuer and materials relating to the offer and sale of the Units
                which
                have been requested. The Subscriber, its representatives and advisors,
                if
                any, have received complete and satisfactory answers to any such
                inquiries;

            

    

    

    
      	(j)  	
              No
                Written or Oral Representations.
                No person has made to the Subscriber any written or oral
                representations

            

    

    
      

      
        	 	
                (i)

              	
                
                  that
                    any person will resell or repurchase the
                    Securities,

                

              

      

      
        
          

          
            	 	
                    (ii)

                  	
                    
                      that
                        any person will refund the purchase price of the Securities,
                        or

                    

                  

          

          
            
              

              
                	 	
                        (iii)

                      	
                        
                          as
                            to the future price or value of the
                            Securities;

                        

                      

              

              
                 

              

            

          

        

      

    

    
      	(k)  	
              No
                Recommendation or Endorsement.
                The Subscriber understands that no federal or state agency has passed
                on
                or made any recommendation or endorsement of the
                Securities;

            

    

     

     

    
      
        
        

      

      
        Page
          3

        
          

        

      

      
        
        

      

    

     

    
      	(l)  	
              Partnership,
                Corporation or Trust.
                If
                the Subscriber is a partnership, corporation or trust, the person
                executing this Subscription on its behalf represents and warrants
                that

            

    

    

    
      	 	
              (i)

            	
              he
                or she has made due inquiry to determine the truthfulness of the
                representations and warranties made pursuant to this Subscription,
                and

            

    

    
      

      
        	 	
                (ii)

              	
                
                  he
                    or she is duly authorized (and if the undersigned is a trust,
                    by the trust
                    agreement) to make this investment and to enter into and execute
                    this
                    Subscription on behalf of such
                    entity;

                

              

      

       

    

    
      	(m)  	
              No
                Finders’ Fees.
                There is no person acting or purporting to act in connection with
                the
                transactions contemplated herein who is entitled to any brokerage
                or
                finder’s fee. If any person establishes a claim that any fee or other
                compensation is payable in connection with this Subscription for
                Units,
                the Subscriber covenants to indemnify and hold harmless the Issuer
                with
                respect thereto and with respect to all costs reasonably incurred
                in the
                defence thereof;

            

    

    

    
      	(n)  	
              Filings.
                If required by any applicable securities laws or by the Issuer, the
                Subscriber will execute, deliver and file or assist the Issuer in
                filing
                such reports, undertakings and other documents with respect to the
                issue
                of the Securities as may be required by any securities commission,
                stock
                exchange or other regulatory
                authority;

            

    

    

    
      	(o)  	
              Non-Affiliate
                Status.
                The Subscriber is not an affiliate of the Issuer nor is any affiliate
                of
                the Subscriber an affiliate of the Issuer. In the event that the
                Subscriber is or becomes an affiliate of the Issuer the Subscriber
                acknowledges that the Securities held by it will be subject to additional
                resale restrictions under the 1933 Act;

            

    

    

    
      	(p)  	
              No
                Advertisement or General Solicitation.
                The sale of the Units has not been advertised through any article,
                notice
                or other communication published in any newspaper, magazine, or similar
                media or broadcast over television or radio; or through any seminar
                or
                meeting whose attendees have been invited by any general solicitation
                or
                general advertising;

            

    

    

    
      	(q)  	
              Offshore
                Transaction.
                The Subscriber represents that it is not a U.S. Person as defined
                in Rule
                902(k) of Regulation S (a “U.S. Person”), that at the time of the
                acquisition of the Units it will not be a U.S. Person, that the Subscriber
                is not, and at the time of the acquisition of the Units will not
                be,
                acquiring the Units for the account or benefit of a U.S. Person,
                and that
                the Subscriber is normally resident at the address provided by the
                Subscriber on the first page
                hereof;

            

    

    

    
      	(r)  	
              Hedging
                Transactions.
                The Subscriber acknowledges and agrees that all offers and sales
                of the
                Securities, as applicable, by the Subscriber shall be made only in
                accordance with the provisions of Regulation S, pursuant to registration
                of the securities under the 1933 Act, or pursuant to an available
                exemption from the registration requirements of the 1933 Act. The
                Subscriber acknowledges and agrees that it cannot engage in hedging
                transactions with regard to the Securities prior to the expiration
                of the
                one-year distribution compliance period specified in paragraph (b)(3)
                in
                Rule 903 promulgated under the 1933 Act unless in compliance with
                the 1933
                Act;

            

    

    

    
      	(s)  	
              Sole
                Beneficial Owner.
                Upon consummation of the transactions contemplated by this Subscription,
                either (i) the Subscriber will be the sole beneficial owner of the
                Units
                issued to it pursuant to this Subscription, or (ii) if the Subscriber
                is a
                Foreign Portfolio Manager and has completed the Certification for
                Foreign
                Portfolio Managers on page 15 of this Subscription, the beneficial
                owner(s) of accounts fully managed by such Subscriber will be the
                sole
                beneficial owner(s) of the Units issued to such Subscriber pursuant
                to
                this Subscription, and the Subscriber has not pre-arranged any sale
                with
                any person or persons in the United
                States;

            

    

     

    
      
        
        

      

      
        Page
          4

        
          

        

      

      
        
        

      

    

     

    
      	(t)  	
              Outside
                United States.
                The Subscriber is outside the United States; provided, that delivery
                of
                the Units may be effected in the United States through the Subscriber’s
                agent as long as the Subscriber is outside the United States at the
                time
                of such delivery;

            

    

    

    
      	(u)  	
              No
                Present Intention to Sell.
                The Subscriber has no present intention to sell or otherwise transfer
                the
                Securities except in accordance with Regulation S, pursuant to
                registration under the 1933 Act, or pursuant to an available exemption
                from registration under the 1933 Act, in each case in accordance
                with all
                applicable securities laws;

            

    

    

    
      	(v)  	
              Refusal
                to Register.
                The Subscriber understands that the Issuer is required, under Rule
                903 of
                Regulation S, to refuse to register the transfer of any of the Securities
                to be received by the Subscriber pursuant to this Subscription that
                are
                not transferred pursuant to a registration statement under the 1933
                Act,
                in compliance with Regulation S, or otherwise pursuant to an available
                exemption from registration;

            

    

    

    
      	(w)  	
              No
                Short Position.
                The Subscriber will not, directly or indirectly, or through one or
                more
                intermediaries, maintain any short position in the Securities during
                the
                applicable distribution compliance
                period;

            

    

    

    
      	(x)  	
              Legend.
                The Subscriber understands and acknowledges that the Issuer will
                not allow
                any transfer or other disposition of the Securities unless the proposed
                transfer may be effected without any violation of the 1933 Act or
                any
                applicable state securities law. The Certificate(s) representing
                the Unit
                Shares and any Warrant Shares issued upon due exercise of the Unit
                Warrants shall bear the following legend in addition to any other
                legend
                required under this Subscription:

            

    

    

    THE
      SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”) OR OTHER
      APPLICABLE SECURITIES LAWS. THESE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT
      AND NOT WITH A VIEW TO DISTRIBUTION OR RESALE AND MAY NOT BE OFFERED, SOLD,
      PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (1) IN ACCORDANCE WITH THE PROVISIONS
      OF
      REGULATIONS S, RULE 901 THROUGH RULE 905, AND PRELIMINARY NOTES UNDER THE U.S.
      SECURITIES ACT OR (2) PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION
      REQUIREMENTS OF THE U.S. SECURITIES ACT OR (3) PURSUANT TO AN EFFECTIVE
      REGISTRATION STATEMENT. HEDGING TRANSACTIONS INVOLVING THESE SECURITIES MAY
      NOT
      BE CONDUCTED UNLESS IN COMPLIANCE WITH THE U.S. SECURITIES ACT.

    

    
      	(y)  	
              Further
                Certification.
                As a condition to the exercise of any Unit Warrants, the Subscriber
                will
                give written certification to the Issuer confirming the representations,
                warranties and covenants made herein;
                and

            

    

    

    
      	(z)  	
              Legal
                and Tax Advice.
                The Subscriber, and each beneficial person for whom it is contracting
                hereunder, is responsible for obtaining such legal and tax advice
                as it
                considers appropriate in connection with the execution, delivery
                and
                performance of this Subscription and the transactions contemplated
                hereunder.

            

    

    

    
      
        
        

      

      
        Page
          5

        
          

        

      

      
        
        

      

    

     

    Non-Merger
      and Survival

    

    2.2 The
      representations and warranties of the Subscriber contained herein will be true
      at the date of execution of this Subscription by the Subscriber and as of the
      Closing of the Offering in all material respects as though such representations
      and warranties were made as of such times and shall survive the Closing of
      the
      Offering and the delivery of the Certificates. 

    

    Indemnity

    

    2.3 The
      Subscriber agrees to indemnify and hold harmless the Issuer from and against
      any
      and all claims, demands, actions, suits, proceedings, assessments, judgments,
      damages, costs, losses and expenses, including attorney’s fees incurred in
      contesting any such claim and any payment made in good faith in settlement
      of
      any claim (subject to the right of the Subscriber to defend any such claim),
      resulting from the breach of any representation or warranty of such party under
      this Subscription.

    

    ARTICLE
      3

    REPRESENTATIONS
      AND WARRANTIES OF THE ISSUER

    

    3.1 The
      Issuer, upon taking up and accepting this Subscription, represents and warrants
      in all material respects to the Subscriber, with the intent that the Subscriber
      will rely thereon in making this Subscription, that:

    

    
      	(a)
                	
              Legality.
                The Issuer has the requisite corporate power and authority to accept
                this
                Subscription and to issue, sell and deliver the Units; this Subscription
                and the issuance, sale and delivery of the Units hereunder and the
                transactions contemplated hereby have been duly and validly authorized
                by
                all necessary corporate action by the Issuer; this Subscription and
                the
                Units have been duly and validly executed and delivered by and on
                behalf
                of the Issuer, and are valid and binding agreements of the Issuer,
                enforceable in accordance with their respective terms, except as
                enforceability may be limited by general equitable principles, bankruptcy,
                insolvency, fraudulent conveyance, reorganization, moratorium, or
                other
                laws affecting creditors’ rights
                generally;

            

    

    

    
      	(b)
                	
              Transfer
                Restrictions.
                Provided that a registration statement in respect of the Unit Shares
                and
                the Unit Warrants is in effect as required under all applicable securities
                laws, such Common Shares shall be freely transferable on the books
                and
                records of the Issuer, provided that the sale is made to a bona-fide
                purchaser and that the prospectus delivery requirements are
                met;

            

    

    

    
      	(c)
                	
              Listed
                Company Status.
                The Issuer is required to make current filings with the SEC pursuant
                to
                Section 15(d) of the 1934 Act, the Common Stock is presently quoted
                on the
                NASD “Bulletin Board” and the Issuer has received no notice, either oral
                or written, with respect to its continued eligibility for such
                listing;

            

    

     

    
      
        
        

      

      
        Page
          6

        
          

        

      

      
        
        

      

    

     

    
      	(d)
                	
              Proper
                Organization.
                The Issuer is a corporation duly organized, validly existing and
                in good
                standing under the laws of its jurisdiction of incorporation and
                is duly
                qualified as a foreign corporation in all jurisdictions where the
                failure
                to be so qualified would have a materially adverse effect on its
                business,
                taken as whole;

            

    

    

    
      	(e)
                	
              No
                Legal Proceedings.
                There is no action, suit or proceeding before or by any court or
                any
                governmental agency or body, domestic or foreign, now pending or
                to the
                knowledge of the Issuer, threatened, against or affecting the Issuer,
                or
                any of its properties or assets, which might result in any material
                adverse change in the condition (financial or otherwise) or in the
                earnings, business affairs or business prospects of the Issuer, or
                which
                might materially and adversely affect the properties or assets
                thereof;

            

    

    

    
      	(f)
                	
              Non-Default.
                The Issuer is not in default in the performance or observance of
                any
                material obligation, agreement, covenant or condition contained in
                any
                indenture, mortgage, deed of trust or other material instrument or
                agreement to which it is a party or by which it or its property may
                be
                bound; and

            

    

    

    
      	(g)
                	
              Non-Contravention.
                The execution and delivery of this Subscription and the consummation
                of
                the issuance of the Units and the transactions contemplated by this
                Agreement do not and will not conflict with or result in a breach
                by the
                Issuer of any of the terms or provisions of, or constitute a default
                under, the Articles of Incorporation or Bylaws of the Issuer, or
                any
                indenture, mortgage, deed of trust, or other material agreement or
                instrument to which the Issuer is a party or by which it or any of
                its
                properties or assets are bound, or any existing applicable decree,
                judgment or order of any court, federal or state regulatory body,
                administrative agency or other domestic governmental body having
                jurisdiction over the Issuer or any of its properties or assets.
                

            

    

    

    Non-Merger
      and Survival

    

    3.2 The
      representations and warranties of the Issuer contained herein will be true
      at
      the date of execution of this Subscription by the Issuer and as of the Closing
      of the Offering in all material respects as though such representations and
      warranties were made as of such times and shall survive the Closing of the
      Offering and the delivery of the Certificates. 

    

    Indemnity

    

    3.3 The
      Issuer agrees to indemnify and save harmless the Subscriber from and against
      any
      and all claims, demands, actions, suits, proceedings, assessments, judgments,
      damages, costs, losses and expenses, including attorney’s fees incurred in
      contesting any such claim and any payment made in good faith in settlement
      of
      any claim (subject to the right of the Issuer to defend any such claim),
      resulting from the breach of any representation, warranty or covenant of such
      party under this Subscription.

    
 

    
      
        
        

      

      
        Page
          7

        
          

        

      

      
        
        

      

    

    

    ARTICLE
      4

    COVENANTS
      OF THE ISSUER

    

    Covenants
      of the Issuer

    

    4.1 The
      Issuer covenants and agrees with the Subscriber that:

     

    
      	(a)  	
              Reserved
                Common Stock.
                For so long as any Unit Warrants held by the Subscriber shall remain
                outstanding, the Issuer covenants and agrees with the Subscriber
                that it
                will at all times fully reserve from its authorized but unissued
                Common
                Stock such sufficient numbers of shares of Common Stock to permit
                the
                conversion in full of the Unit
                Warrants;

            

    

    

    
      	(b)  	
              Filings.
                The Issuer will make all necessary filings in connection with the
                sale of
                the Units as required by the laws and regulations of all appropriate
                jurisdictions; 

            

    

    

    
      	(c)  	
              Section
                13 Compliance.
                The Issuer shall, from and after the Closing of the Offering, use
                its best
                efforts to comply with the requirements of Section 13 of the 1934
                Act and
                maintain the quotation of the Common Stock on the NASD “Bulletin Board” or
                other quotation medium which is equal to or senior to the NASD “Bulletin
                Board”; and

            

    

    

    
      	(d)  	
              Rule
                144 Opinion.
                The Issuer will, upon written request by the Subscriber, take such
                steps
                as are necessary to cause its counsel to issue an opinion to the
                Issuer’s
                transfer agent allowing the Subscriber to offer and sell any Common
                Shares
                issued upon conversion of the Units in reliance on the applicable
                provisions of Rule 144 provided that the holding period and other
                requirements of such Rule 144 are met, provided that the costs of
                obtaining such an opinion shall be borne by the
                Subscriber.

            

    

    

    Survival
      

    

    4.2 The
      covenants set forth in this Article 4 shall survive the Closing for the benefit
      of the Subscriber.

     

    
      
        
        

      

      
        Page
          8

        
          

        

      

      
        
        

      

    

     

    ARTICLE
      5

    REGISTRATION
      RIGHTS

    

    Registration
      Statement

    

    5.1 The
      Issuer shall file a registration statement on Form SB-2 (or similar form) under
      the 1933 Act with respect to the resale of Unit Shares and the Warrant Shares
      and shall use its best efforts to cause such registration statement to be
      declared effective by the SEC within sixty (60) calendar days of the closing
      of
      the Offering (the “Effective Date”), all at the Issuer’s sole cost and
      expense.  Such best efforts shall include promptly responding to all
      comments received by the staff of the SEC, and promptly preparing and filing
      amendments to such registration statement which are responsive to the comments
      received from the staff of the SEC.  Such registration statement shall name
      the Subscriber, or any holder of the Unit Shares and the Warrant Shares, as
      a
      selling shareholder and shall provide for the sale of the Unit Shares and the
      Warrant Shares by the Subscriber, or any holder of the Unit Shares and the
      Warrant Shares, from time to time directly to purchasers or in the
      over-the-counter market or through or to securities brokers or dealers that
      may
      receive compensation in the form of discounts, concessions, or
      commissions.  None of the foregoing shall in any way limit the Subscriber’s
      rights to sell the Unit Shares and the Warrant Shares (if any) in reliance
      on an
      exemption from the registration requirements under the 1933 Act in connection
      with a particular transaction. 

    

    In
      the
      event the registration statement covering the Unit Shares and the Warrant Shares
      is not declared effective by the SEC prior to the Effective Date, the Company
      shall pay each Subscriber a cash payment equal to 2.0% of the aggregate purchase
      price paid by the Subscriber for each thirty (30) day period (or partial period,
      as the case may be) following the Effective Date.

    

    Currency
      of Registration Statement

    

    5.2 The
      Issuer shall use its best efforts to maintain the currency of the registration
      statement filed with the SEC and under all applicable Blue Sky laws in respect
      of the Securities until (i) in the event that none of the Unit Warrants are
      exercised, the expiry date of the Unit Warrants, or (ii) in the event that
      any
      of the Unit Warrants are exercised prior to the expiry thereof, 12 months from
      the last date on which any Warrant Shares are issued on the due exercise of
      the
      Unit Warrants.

    

    Indemnification
      of Subscriber by Issuer

    

    5.3 To
      the
      extent permitted by law, the Issuer will indemnify the Subscriber, within the
      meaning of Section 15 of the 1933 Act, with respect to which registration,
      qualification or compliance has been effected pursuant to this Subscription
      Agreement, and each underwriter, if any, and each person who controls any
      underwriter within the meaning of Section 15 of the 1933 Act, against all
      expenses, claims, losses, damages or liabilities (or actions in respect
      thereof), including any of the foregoing incurred in settlement of any
      litigation, commenced or treated, to the extent such expenses, claims, losses,
      damages or liabilities arise out of or are based on any untrue statement (or
      alleged untrue statement) of a material fact contained in any registration
      statement, prospectus, offering circular or other document, or any amendment
      or
      supplement thereto, incident to any such registration, qualification or
      compliance, or based on any omission (or alleged omission) to state therein
      a
      material fact required to be stated therein or necessary to make the statements
      therein, in light of the circumstances in which they were made, not misleading,
      or any violation by the Issuer of the 1933 Act or any rule or regulation
      promulgated under the 1933 Act applicable to the Issuer in connection with
      any
      such registration, qualification or compliance, and the Issuer will reimburse
      the Subscriber, each of its officers and directors and partners, and each person
      controlling the Subscriber, each such underwriter and each person who controls
      any such underwriter, for any legal and any other expense reasonably incurred
      in
      connection with investigation, preparing or defending any such claim, loss,
      damage, liability or action, provided, however, that the indemnity contained
      herein shall not apply to amounts paid in settlement of any claim, loss, damage,
      liability or expense if settlement is effected without the consent of the Issuer
      (which consent shall not unreasonably be withheld); provided, further, that
      the
      Issuer will not be liable in any such case to the extent that any such claim,
      loss, damage, liability or expense arises out of or is based on any untrue
      statement or omission or alleged untrue statement or omission, made in reliance
      upon and in conformity with written information furnished to the Issuer by
      the
      Subscriber, such controlling person or such underwriter specifically for use
      therein. Notwithstanding the foregoing, insofar as the foregoing indemnity
      relates to any such untrue statement (or alleged untrue statement) or omission
      (or alleged omission) made in the preliminary prospectus but eliminated or
      remedied in the amended prospectus on file with the SEC at the time the
      registration statement becomes effective or in the final prospectus filed with
      the SEC pursuant to Rule 424(b) of the SEC, the indemnity agreement herein
      shall
      not inure to the benefit of any underwriter or (if there is no underwriter)
      the
      Subscriber if a copy of the final prospectus filed pursuant to Rule 424(b)
      was
      not furnished to the person or entity asserting the loss, liability, claim
      or
      damage at or prior to the time such furnishing is required by the 1933
      Act.

     

    
      
        
        

      

      
        Page
          9

        
          

        

      

      
        
        

      

    

    

    Indemnification
      of Issuer by Subscriber

    

    5.4 To
      the
      extent permitted by law, the Subscriber will indemnify the Issuer, each of
      its
      directors and officers, affiliates, counsel, advisors, employees and, each
      underwriter, if any, of the Issuer's securities covered by such a registration
      statement, each person who controls the Issuer or such underwriter within the
      meaning of Section 15 of the 1933 Act, and each other person selling the
      Issuer's securities covered by such registration statement, each of such
      person's officers and directors and each person controlling such persons within
      the meaning of Section 15 of the 1933 Act, against all claims, losses, damages
      and liabilities (or actions in respect thereof), including attorneys fees and
      costs, arising out of or based on any untrue statement (or alleged untrue
      statement) of a material fact contained in any such registration statement,
      prospectus, offering circular or other document, or any omission (or alleged
      omission) to state therein or necessary to make the statements therein not
      misleading or any other violation by the Subscriber of any rule or regulation
      promulgated under the 1933 Act applicable to the Subscriber and relating to
      action or inaction required of the Subscriber in connection with any such
      registration, qualification or compliance, and will reimburse the Issuer, such
      other person, such directors, officers, persons, underwriters or control persons
      for any legal or other expenses reasonably incurred in connection with
      investigating or defending any such claim, loss, damage, liability or action;
      provided, however, that the indemnity contained herein shall not apply to
      amounts paid in settlement of any claim, loss, damage, liability or expense
      if
      settlement is effected without the consent of the Subscriber (which consent
      shall not be unreasonably withheld). Notwithstanding the foregoing, the
      liability of the Subscriber under this subsection (b) shall be limited in an
      amount equal to the net proceeds from the sale of the shares sold by the
      Subscriber, unless such liability arises out of or is based on willful conduct
      by the Subscriber.

    

    Removal
      of Legend

    

    5.5 After
      the
      registration statement referenced in Section 5.1 is declared effective by the
      SEC, the Subscriber may deliver to the Issuer the certificate representing
      the
      Unit Shares and the Warrant Shares (if any) issued to the Subscriber and the
      Issuer will, within three days after receipt by the Issuer of the foregoing,
      issue a new certificate representing and in exchange for the aforementioned
      certificate, which new certificate shall be issued without any restrictive
      legend.

    
      
        
        

      

      
        Page
          10

        
          

        

      

      
        
        

      

    

    

    ARTICLE
      6

    ISSUANCE
      OF CERTIFICATES

    

    On
      or
      immediately following the Closing of
      the
      Offering,
      the
      Issuer will prepare and issue one or more Certificates for the Unit Shares
      and
      the Unit Warrants registered in such name or names as specified by the
      Subscriber and cause the same to be delivered to the Subscriber pursuant to
      the
      delivery instructions provided by the Subscriber.

    

    ARTICLE
      7

    CLOSING

    

    Closing
      shall be effected through the acceptance of this Subscription by the Issuer,
      the
      taking up of the Subscription Funds by the Issuer, and the delivery of
      Certificates representing the Unit Shares and the Unit Warrants to the
      Subscriber (or the Subscriber’s Representative) by the Issuer.

    

    ARTICLE
      8

    GENERAL
      PROVISIONS

    

    Governing
      Law

    

    8.1 This
      Subscription shall be governed by and construed under the law of the State
      of
      New York without regard to its choice of law provision. Any disputes arising
      out
      of, in connection with, or with respect to this Subscription, the subject matter
      hereof, the performance or non-performance of any obligation hereunder, or
      any
      of the transactions contemplated hereby shall be adjudicated in a Court of
      competent civil jurisdiction sitting in the City of Austin, Texas and nowhere
      else.

    

    Successors
      and Assigns

    

    8.2 This
      Subscription shall inure to the benefit of and be binding on the respective
      successors and assigns of the parties hereto.

    

    Execution
      by Counterparts and Facsimile

    

    8.3 This
      Subscription may be executed in counterparts and by facsimile, each of which
      when executed by any party will be deemed to be an original and all of which
      counterparts will together constitute one and the same
      Subscription.

    

    Authorization

    

    8.4 The
      Subscriber hereby authorizes the Issuer to correct any minor errors in, or
      complete any minor information missing from any part of this Subscription and
      any other schedules, forms, certificates or documents executed by the Subscriber
      and delivered to the Issuer in connection with the Offering.

    

    

    [Remainder
      of page intentionally left blank]

     

     

    
      
        
        

      

      
        Page
          11

        
          

        

      

      
        
        

      

    

    SIGNATURE
      PAGE FOR INDIVIDUAL SUBSCRIBERS

    

    

    IN
      WITNESS WHEREOF,
      the
      undersigned represents that the foregoing statements are true and that he or
      she
      has executed this Subscription on this _________
      day
      of _____________,
      2006.

    

    

    
      	 	 	 
	
              Printed
                Name

            	 	
              Signature

            

    

    

    
      

      
        	 	 	 
	
                Printed
                  Name

              	 	
                Signature

              

      

       

    

    

    Agreed
      to
      this ________day
      of ______________,
      2006:

    

    VERIDICOM
      INTERNATIONAL, INC.

    

    Per:
      ____________________________

    Print
      Name: ______________________

    

     

    

    This
      is
      page 12 to the Subscription by the above subscriber to Veridicom International,
      Inc. dated as stated above. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SIGNATURE
      PAGE FOR ENTITIES

    

    IN
      WITNESS WHEREOF,
      the
      undersigned represents that the foregoing statements are true and that it caused
      this Subscription to be duly executed on its behalf on this ________
day
      of ____________,
      2006.

    

    
      	 	 	 
	
              Name
                of Entity

            	 	
              Signature

            
	 	 	 
	 	 	 
	
              Name
                of Signatory

            	 	 
	 	 	 
	 	 	 
	
              Printed
                Title

            	 	 

    

    

     

    Agreed
      to
      this _____
      day
      of __________,
      2006:

    

    VERIDICOM
      INTERNATIONAL, INC.

    

    
      Per:
        ____________________________

       

      Print
        Name: ______________________

    

     

    

    This
      is
      page 13 to the Subscription by the above subscriber to Veridicom International,
      Inc. dated as stated above. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    REGISTRATION
      AND DELIVERY INSTRUCTIONS

    

      Full
        Name and Address of Subscriber for Registration Purposes:

      

      
        	
                NAME:

              	 
	 	 
	
                ADDRESS:
                  

              	 

      

       

      
        	
                TEL.NO.:

              	 
	
                 

              	 
	
                FAX
                  NO.: 

              	 
	 	 
	
                EMAIL
                  ADDRESS: 

              	 
	 	 
	
                CONTACT
                  NAME:

              	 

      

      

      Delivery
        Instructions (if different from Registration Name):

      

      
        	
                NAME:

              	
                 

              
	 	 
	
                ADDRESS:

              	
                 

              

      

       

      
        	
                TEL.NO.:

              	 
	
                 

              	 
	
                FAX
                  NO.: 

              	 

      

       

      
        	
                CONTACT
                  NAME:

              	 
	 	 
	
                SPECIAL
                  INSTRUCTIONS:

              	 
	 	 
	 	 

      

    

    

    

     

    This
      is
      page 14 to the Subscription by the above subscriber to Veridicom International,
      Inc.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    CERTIFICATION
      BY FOREIGN PORTFOLIO MANAGER

    

    The
      undersigned is purchasing securities of VERIDICOM
      INTERNATION, INC.
      (the
“Issuer”). The undersigned hereby certifies that:

    

    
      	(a)  	
              it
                is purchasing securities of the Issuer as agent or trustee on behalf
                of a
                managed account(s) (i.e. an investment portfolio account of a client
                established in writing with a registered portfolio manager who makes
                investment decisions for the account and has full discretion to trade
                in
                securities of the account without requiring the client’s express consent
                to a transaction) for which it is making the investment decision
                to
                purchase these securities;

            

    

    

    
      	(b)  	
              the
                beneficial owner(s) of the managed accounts will be bound by the
                terms and
                conditions of the Subscription;

            

    

    

    
      	(c)  	
              the
                managed accounts for which it is purchasing are not beneficially
                owned by
                any U.S. Persons as that term is defined in the
                Subscription;

            

    

    

    
      	(d)  	
              it
                carries on the business of managing the investment portfolios of
                clients
                through discretionary authority granted by those clients in
                ______________________________ [jurisdiction], and it is permitted
                by law
                to carry on a portfolio manager business in that jurisdiction;
                and

            

    

    

    
      	(e)  	
              it
                was not created solely or primarily for the purpose of purchasing
                securities of the Issuer.

            

    

    

    The
      undersigned acknowledges that it may in the future be required by law to
      disclose on a confidential basis to securities regulatory authorities the
      identity of each beneficial purchaser of Units for whom it may be
      acting.

    

    Dated
      at
      ______________________, this ______day of _______________, 2006.

    

    

     

    
      
        

      
(Name
      of
      Purchaser - please print)

    

     

    
      
(Authorized
      Signature)

    

     

    
      
(Official
      Capacity - please print)

    (please
      print name of individual whose signature 

    appears
      above, if different from name of purchaser 

    printed
      above)

    

    

    

    This
      is
      page 15 to the Subscription by the above subscriber to Veridicom International,
      Inc.

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