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      PRIVATE
        EQUITY CREDIT AGREEMENT

      

      

      

      BY
        AND
        BETWEEN

      

      

      MARKLAND
        TECHNOLOGIES, INC.

      

      

      AND

      

      

      BRITTANY
        CAPITAL MANAGEMENT LTD.

      

      

      

      

      Dated
        

      

      October
        13, 2005

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      THIS
        PRIVATE EQUITY CREDIT AGREEMENT is entered into as of the 13th
        day of
        October, 2005 (this “AGREEMENT”), by and between BRITTANY CAPITAL MANAGEMENT
        LTD., a limited liability company organized and existing under the laws of
        The
        Bahamas (“INVESTOR”), and MARKLAND TECHNOLOGIES, INC., a corporation organized
        and existing under the laws of the State of Florida (the “COMPANY”).

      

      WHEREAS,
        the parties desire that, upon the terms and subject to the conditions contained
        herein, the Company shall issue and sell to Investor, from time to time as
        provided herein, and Investor shall purchase, up to Five Million Dollars
        ($5,000,000) of the Common Stock (as defined below); and

      

      WHEREAS,
        such investments will be made in reliance upon the provisions of Section
        4(2)
        (“SECTION 4(2)”) of the Securities Act of 1933, Regulation D, and the rules and
        regulations promulgated thereunder (the “SECURITIES ACT”), and/or upon such
        other exemption from the registration requirements of the Securities Act
        as may
        be available with respect to any or all of the investments in Common Stock
        to be
        made hereunder; and

      

      WHEREAS,
        parties hereto desire to terminate that certain Private Equity Credit Agreement,
        dated September, 2003;

      

      NOW,
        THEREFORE, the parties hereto agree as follows:

      

      ARTICLE
        I

      

      CERTAIN
        DEFINITIONS

      

      Section
        1.1 DEFINED TERMS. As used in this Agreement, the following terms shall have
        the
        following meanings specified or indicated (such meanings to be equally
        applicable to both the singular and plural forms of the terms
        defined):

      

      “AGREEMENT”
        shall have the meaning specified in the preamble hereof.

      

      “BID
        PRICE” shall mean the closing bid price of the Common Stock on the Principal
        Market.

      

      “BLACKOUT
        NOTICE” shall have the meaning specified in the Registration Rights Agreement.

      

      “BLACKOUT
        SHARES” shall have the meaning specified in Section
        2.6.

      

      “BY-LAWS”
        shall have the meaning specified in Section
        4.8.
        

      

      “CERTIFICATE”
        shall have the meaning specified in Section
        4.8.

      

      
        
          
          

        

        
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      “CLAIM
        NOTICE” shall have the meaning specified in Section
        9.3(a).
        

      

      “CLOSING”
        shall mean any closing of a purchase and sale of shares of Common Stock pursuant
        to Section
        2.3.

      

      “CLOSING
        CERTIFICATE” shall mean the certificate in substantially the form and substance
        of Exhibit D hereto.

      

      “CLOSING
        DATE” shall mean, with respect to a Closing, the twelfth (12th) Trading Day
        following the Put Date related to such Closing, or such earlier date as the
        Company and Investor shall agree, provided all conditions to such Closing
        have
        been satisfied on or before such Trading Day.

      

      “COMMITMENT
        PERIOD” shall mean the period commencing on the Effective Date, and ending on
        the earlier of (i) the date on which Investor shall have purchased Put Shares
        pursuant to this Agreement for an aggregate Purchase Price of the Maximum
        Commitment Amount, (ii) the date this Agreement is terminated pursuant to
        Section 2.5, or (iii) the date occurring thirty six (36) months from the
        date of
        commencement of the Commitment Period. 

      

      “COMMON
        STOCK” shall mean the Company’s common stock, $.0001 par value per share, and
        any shares of any other class of common stock whether now or hereafter
        authorized, having the right to participate in the distribution of dividends
        (as
        and when declared) and assets (upon liquidation of the Company). 

      

      “COMPANY”
        shall have the meaning specified in the preamble to this Agreement.

      

      “CONDITION
        SATISFACTION DATE” shall have the meaning specified in Section
        7.2.
        

      

      “DAMAGES”
        shall mean any loss, claim, damage, liability, costs and expenses (including,
        without limitation, reasonable attorneys’ fees and disbursements and costs and
        expenses of expert witnesses and investigation). 

       

      “DISCOUNT”
        shall mean seven (7%) percent. 

      

      “DISPUTE
        PERIOD” shall have the meaning specified in Section
        9.3(a).

      

      “DTC”
        shall the meaning specified in Section
        2.3.
        

      

      “DWAC”
        shall the meaning specified in Section
        2.3.

      

      “EFFECTIVE
        DATE” shall mean, with respect to any Registration Statement, the date on which
        the SEC first declares such Registration Statement effective. 

      

      
        
          
          

        

        
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      “EXCHANGE
        ACT” shall mean the Securities Exchange Act of 1934 and the rules and
        regulations promulgated thereunder. 

      

      “FAST”
        shall the meaning specified in Section
        2.3.
        

      

      “INDEMNIFIED
        PARTY” shall have the meaning specified in Section
        9.3(a).
        

      

      “INDEMNIFYING
        PARTY” shall have the meaning specified in Section
        9.3(a).
        

      

      “INDEMNITY
        NOTICE” shall have the meaning specified in Section
        9.3(b).
        

      

      “INITIAL
        REGISTRABLE SECURITIES” shall have the meaning specified in the Registration
        Rights Agreement. 

      

      “INITIAL
        REGISTRATION STATEMENT” shall have the meaning specified in the Registration
        Rights Agreement. 

      

      “INVESTMENT
        AMOUNT” shall mean the dollar amount (within the range specified in Section
        2.2)
        to be
        invested by Investor to purchase Put Shares with respect to any Put Date
        as
        notified by the Company to Investor in accordance with Section
        2.2.
        

      

      “INVESTOR”
        shall have the meaning specified in the preamble to this Agreement.

      

      “LEGEND”
        shall have the meaning specified in Section
        8.1.
        

      

      “MARKET
        PRICE” shall mean, with respect to any Put, the average of the Bid Prices for
        any three (3) Trading Days (not necessarily consecutive) during the ten (10)
        Trading Day period immediately following the applicable Put Date.

      

      “MATERIAL
        ADVERSE EFFECT” shall mean any effect on the business, operations, properties,
        prospects or financial condition of the Company that is material and adverse
        to
        the Company or to the Company and such other entities controlling or controlled
        by the Company, taken as a whole, and/or any condition, circumstance, or
        situation that would prohibit or otherwise materially interfere with the
        ability
        of the Company to perform its obligations under any of (a) this Agreement
        and
        (b) the Registration Rights Agreement.

      

      “MAXIMUM
        COMMITMENT AMOUNT” shall mean Five Million Dollars ($5,000,000).

      

      “MAXIMUM
        PUT AMOUNT” shall mean, with respect to any Put, the lesser of (a) One Million
        Dollars ($1,000,000), or (b)Three Hundred (300%) percent of the Weighted
        Average
        Volume for the Twenty (20) trading days immediately preceding the Put
        Date. 

      

      
        
          
          

        

        
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      “MINIMUM
        PUT AMOUNT” shall mean, with respect to any Put, Twenty Thousand Dollars
        ($20,000).

      

      “NASD”
        shall mean the National Association of Securities Dealers, Inc. 

      

      “NASDAQ”
        shall mean The Nasdaq Stock Market, Inc. 

      

      “NEW
        BID
        PRICE” shall have the meaning specified in Section 2.6. 

      

      “OLD
        BID
        PRICE” shall have the meaning specified in Section 2.6. 

      

      “OUTSTANDING
        COMMON STOCK” shall mean, as of a given date, all issued and outstanding shares
        of Common Stock on such date, all shares of Common Stock issuable in respect
        of
        outstanding convertible securities on such date, and scrip or any certificates
        representing fractional interests in shares of Common Stock outstanding on
        such
        date; provided, however, that Outstanding Common Stock shall not include
        any
        shares of Common Stock then directly or indirectly owned or held by or for
        the
        account of the Company.

      

      “PERSON”
        shall mean an individual, a corporation, a partnership, an association, a
        trust
        or other entity or organization, including a government or political subdivision
        or an agency or instrumentality thereof.

      

      “PRINCIPAL
        MARKET” shall mean the Nasdaq National Market, the Nasdaq SmallCap Market, the
        Over the Counter Bulletin Board, the American Stock Exchange or the New York
        Stock Exchange, whichever is at the time the principal trading exchange or
        market for the Common Stock.

      

      “PURCHASE
        PRICE” shall mean, with respect to a Put, the Market Price on the applicable Put
        Date (or such other date on which the Purchase Price is calculated in accordance
        with the terms and conditions of this Agreement) less the product of the
        Discount and the Market Price. 

      

      “PUT”
        shall mean each occasion that the Company elects to exercise its right to
        tender
        a Put Notice requiring Investor to purchase shares of Common Stock, subject
        to
        the terms and conditions of this Agreement. 

      

      “PUT
        DATE” shall mean, with respect to any Put, the Trading Day during the Commitment
        Period that the Put Notice applicable to such Put is deemed delivered pursuant
        to Section
        2.2(b).

      

      
        
          
          

        

        
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      “PUT
        NOTICE” shall mean a written notice, substantially in the form of Exhibit B
        hereto, to Investor setting forth the Investment Amount with respect to which
        the Company intends to require Investor to purchase shares of Common Stock
        pursuant to the terms of this Agreement. 

      

      “PUT
        SHARES” shall mean all shares of Common Stock issued or issuable pursuant to a
        Put that has been exercised or may be exercised in accordance with the terms
        and
        conditions of this Agreement. 

      

      “REGISTRABLE
        SECURITIES” shall mean the (a) Put Shares, (b) the Blackout Shares and (c) any
        securities issued or issuable with respect to any of the foregoing by way
        of
        exchange, stock dividend or stock split or in connection with a combination
        of
        shares, recapitalization, merger, consolidation or other reorganization or
        otherwise. As to any particular Registrable Securities, once issued such
        securities shall cease to be Registrable Securities when (i) a Registration
        Statement has been declared effective by the SEC and such Registrable Securities
        have been disposed of pursuant to a Registration Statement, (ii) such
        Registrable Securities have been sold under circumstances under which all
        of the
        applicable conditions of Rule 144 are met, (iii) such time as such Registrable
        Securities have been otherwise transferred to holders who may trade such
        shares
        without restriction under the Securities Act, and the Company has delivered
        a
        new certificate or other evidence of ownership for such securities not bearing
        a
        restrictive legend or (iv) in the opinion of counsel to the Company, which
        counsel shall be reasonably acceptable to Investor, such Registrable Securities
        may be sold without registration under the Securities Actor the need for
        an
        exemption from any such registration requirements and without any time, volume
        or manner limitations pursuant to Rule 144(k) (or any similar provision then
        in
        effect) under the Securities Act. 

      

      “REGISTRATION
        RIGHTS AGREEMENT” shall mean the 

      registration
        rights agreement in the form of Exhibit A hereto.

       

      “REGISTRATION
        STATEMENT” shall mean a registration statement on Form SB-2 (if use of such form
        is then available to the Company pursuant to the rules of the SEC and, if
        not,
        on such other form promulgated by the SEC for which the Company then qualifies
        and which counsel for the Company shall deem appropriate and which form shall
        be
        available for the resale of the Registrable Securities to be registered
        thereunder in accordance with the provisions of this Agreement and the
        Registration Rights Agreement and in accordance with the intended method
        of
        distribution of such securities), for the registration of the resale by Investor
        of the Registrable Securities under the Securities Act.

      

      “REGULATION
        D” shall mean Regulation D promulgated under the Securities Act.

      

      “REMAINING
        PUT SHARES” shall have the meaning specified in Section 2.6.

      

      
        
          
          

        

        
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      “RULE
        144” shall mean Rule 144 under the Securities Act or any similar provision then
        in force under the Securities Act. 

      

      “SEC”
        shall mean the Securities and Exchange Commission. 

      

      “SECTION
        4(2)” shall have the meaning specified in the recitals of this Agreement.

      

      “SECURITIES
        ACT” shall have the meaning specified in the recitals of this Agreement.

      

      “SEC
        DOCUMENTS” shall mean, as of a particular date, all reports and other documents
        filed by the Company pursuant to Section 13(a) or 15(d) of the Exchange Act
        since the beginning of the Company’s then most recently completed fiscal year
        (provided that if the date in question is within ninety days of the beginning
        of
        the Company’s fiscal year, the term shall include all documents filed since the
        beginning of the second preceding fiscal year).

      

      “SUBSCRIPTION
        DATE” shall mean the date on which this Agreement is executed and delivered by
        the Company and Investor. 

      

      “THIRD
        PARTY CLAIM” shall have the meaning specified in Section
        9.3(a).
        

      

      “TRADING
        DAY” shall mean any day during which the Principal Market shall be open for
        business.

      

      “TRANSACTION
        DOCUMENTS” means the Private Equity Credit Agreement, the Registration Rights
        Agreement, Closing Certificate, and the Transfer Agent
        Instructions.

      

      “TRANSFER
        AGENT” shall mean the transfer agent for the Common Stock (and to any substitute
        or replacement transfer agent for the Common Stock upon the Company’s
        appointment of any such substitute or replacement transfer agent).

      

      “TRANSFER
        AGENT INSTRUCTIONS” shall mean the instructions to the Transfer Agent in the
        form attached hereto as Exhibit E.

      

      “UNDERWRITER”
        shall mean any underwriter participating in any disposition of the Registrable
        Securities on behalf of Investor pursuant to a Registration Statement.

      “VALUATION
        EVENT” shall mean an event in which the Company at any time during a Valuation
        Period takes any of the following actions: 

      

      
        
          
          

        

        
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                (a)
                  

              	
                subdivides
                  or combines the Common Stock;

              

      

      
        	 	
                (b)

              	
                pays
                  a dividend in shares of Common Stock or makes any other distribution
                  of
                  shares of Common Stock, except for dividends paid with respect
                  to the
                  Preferred Stock;

              

      

      
        	 	
                (c)
                  

              	
                issues
                  any options or other rights to subscribe for or purchase shares
                  of Common
                  Stock and the price per share for which shares of Common Stock
                  may at any
                  time thereafter be issuable pursuant to such options or other rights
                  shall
                  be less than the Bid Price in effect immediately prior to such
                  issuance;

              

      

      
        	 	
                (d)

              	
                issues
                  any securities convertible into or exchangeable for shares of Common
                  Stock
                  and the consideration per share for which shares of Common Stock
                  may at
                  any time thereafter be issuable pursuant to the terms of such convertible
                  or exchangeable securities shall be less than the Bid Price in
                  effect
                  immediately prior to such issuance;

              

      

      
        	 	
                (e)
                  

              	
                issues
                  shares of Common Stock otherwise than as provided in the foregoing
                  subsections (a) through (d), at a price per share less, or for
                  other
                  consideration lower, than the Bid Price in effect immediately prior
                  to
                  such issuance, or without
                  consideration;

              

      

      
        	 	
                (f)

              	
                makes
                  a distribution of its assets or evidences of indebtedness to the
                  holders
                  of Common Stock as a dividend in liquidation or by way of return
                  of
                  capital or other than as a dividend payable out of earnings or
                  surplus
                  legally available for dividends under applicable law or any distribution
                  to such holders made in respect of the sale of all or substantially
                  all of
                  the Company’s assets (other than under the circumstances provided for in
                  the foregoing subsections (a) through (e));
                  or

              

      

      
        	 	
                (g)

              	
                takes
                  any action affecting the number of Outstanding Common Stock, other
                  than an
                  action described in any of the foregoing subsections (a) through
                  (f)
                  hereof, inclusive, which in the opinion of the Company’s Board of
                  Directors, determined in good faith, would have a materially adverse
                  effect upon the rights of Investor at the time of a Put.
                  

              

      

      

      “VALUATION
        PERIOD” shall mean, with respect to any Put, the period of ten (10) Trading Days
        immediately following the applicable Put Date; provided, however, that if
        a
        Valuation Event occurs during any Valuation Period, a new Valuation Period
        shall
        begin on the Trading Day immediately after the occurrence of such Valuation
        Event and end on the tenth (10th) Trading Day thereafter.

      

      “WEIGHTED
        AVERAGE VOLUME” shall mean the average of the Weighted Volume for the relevant
        Trading Days.

      

      
        
          
          

        

        
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      “WEIGHTED
        VOLUME” on a given Trading Day shall mean the product of (a) the Bid Price times
        (b) the volume on the Principal Market on such Trading Day.

      

      ARTICLE
        II

      PURCHASE
        AND SALE OF COMMON STOCK

      

      Section
        2.1 INVESTMENTS.

      

      (a) PUTS.
        Upon the terms and conditions set forth herein (including, without limitation,
        the provisions of Article VII), on any Trading Day, the Company may exercise
        a
        Put by delivering a Put Notice. The number of Put Shares that Investor shall
        receive pursuant to such Put shall be determined by dividing the Investment
        Amount specified in the Put Notice by the Purchase Price with respect to
        such
        Put.

      

      (b)
        MAXIMUM AMOUNT OF PUTS. If required by the Principal Market, until the Company
        obtains the requisite approval of its shareholders in accordance with the
        corporate laws of the State of Delaware and the applicable rules of the
        Principal Market, no more than the specified shares of Common Stock
        (representing approximately 19.9% of the Outstanding Common Stock on the
        date
        hereof) may be issued and sold to Investor pursuant to this Agreement.

      

      Section
        2.2 MECHANICS. 

      

      (a)
        PUT
        NOTICE. At any time during the Commitment Period, the Company may deliver
        a Put
        Notice to Investor, subject to the conditions set forth in Section 7.2;
        provided, however, the Investment Amount for each Put as designated by the
        Company in the applicable Put Notice shall be neither less than the Minimum
        Put
        Amount nor more than the Maximum Put Amount. 

      

      (b)
        DATE
        OF DELIVERY OF PUT NOTICE. A Put Notice shall be deemed delivered on (i)
        the
        Trading Day it is received by facsimile or otherwise by Investor if such
        notice
        is received on or prior to 12:00 noon New York time, or (ii) the immediately
        succeeding Trading Day if it is received by facsimile or otherwise after
        12:00
        noon New York time on a Trading Day or at anytime on a day which is not a
        Trading Day. 

      

      Section
        2.3 CLOSINGS. On or prior to each Closing Date for a Put, (a) the Company
        shall
        deliver to the Investor, one or more certificates, at Investor’s option,
        representing the Put Shares to be purchased by Investor pursuant to Section
        2.1
        herein, registered in the name of Investor, and (b) Investor shall deliver
        to
        the Company the Investment Amount specified in the Put Notice by wire transfer
        of immediately available funds to an account designated by the Company within
        24
        hours after the Closing Date. In lieu of delivering physical certificates
        representing the Common Stock issuable in accordance with clause (a) of this
        Section 2.3, and provided that the Transfer Agent then is participating in
        the
        Depository Trust Company (“DTC”) Fast Automated Securities Transfer (“FAST”)
        program, upon request of Investor, the Company shall use its commercially
        reasonable efforts to cause the Transfer Agent to electronically transmit,
        prior
        to the Closing Date, the Put Shares by crediting the account of the holder’s
        prime broker with DTC through its Deposit/Withdrawal at Custodian (“DWAC”)
        system, and provide proof satisfactory to the Investor of such delivery.
        In
        addition, on or prior to such Closing Date, each of the Company and Investor
        shall deliver all documents, instruments and writings required to be delivered
        or reasonably requested by either of them pursuant to this Agreement in order
        to
        implement and effect the transactions contemplated herein. Within 24 hours
        of
        the Closing Date, provided all conditions to Closing have been satisfied
        by the
        Company, the Investor shall wire transfer to the Company, the Investment
        Amount,
        less any applicable fees and expenses. 

       

      
        
          
          

        

        
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      Section
        2.4 [INTENTIONALLY OMITTED]

      

      Section
        2.5 TERMINATION OF INVESTMENT OBLIGATION. The obligation of Investor pursuant
        to
        this Agreement to purchase shares of Common Stock shall terminate permanently
        (including with respect to a Closing Date that has not yet occurred) in the
        event that (a) the Commission shall issue a stop order or suspension of the
        effectiveness of any Registration Statement for an aggregate of thirty (30)
        Trading Days during the Commitment Period, for any reason other than deferrals
        or suspension during a Blackout Period in accordance with the Registration
        Rights Agreement, as a result of corporate developments subsequent to the
        Subscription Date that would require such Registration Statement to be amended
        to reflect such event in order to maintain its compliance with the disclosure
        requirements of the Securities Act, or (b) the Company shall at any time
        fail to
        comply with the requirements of Section
        6.3, 6.4, or 6.6
        and such
        failure shall continue for more than thirty (30) days. 

      

      Section
        2.6 BLACKOUT SHARES. In the event that, (a) within fifteen (15) Trading Days
        following any Closing Date, the Company gives a Blackout Notice to the Investor
        of a Blackout Period in accordance with the Registration Rights Agreement,
        and
        (b) the Bid Price on the Trading Day immediately preceding such Blackout
        Period
        (“OLD BID PRICE”) is greater than the Bid Price on the first Trading Day
        following such Blackout Period that Investor is permitted to sell its
        Registrable Securities pursuant to an effective Registration Statement (“NEW BID
        PRICE”), then the Company shall issue to Investor the number of additional
        shares of Registrable Securities (the “BLACKOUT SHARES”) equal to the difference
        between (i) the product of the number of Put Shares held by Investor immediately
        prior to the Blackout Period that were issued on the most recent Closing
        Date
        (the “REMAINING PUT SHARES”) multiplied by the Old Bid Price, divided by the New
        Bid Price, and (ii) the Remaining Put Shares that were issued on the most
        recent
        Closing Date.

      

      Section
        2.7 [INTENTIONALLY LEFT BLANK]

      

      Section
        2.8 LIQUIDATED DAMAGES. Each of the Company and Investor acknowledge and
        agree
        that the requirement to issue Blackout Shares under Section
        2.6
        shall
        give rise to liquidated damages and not penalties. Each of the Company and
        Investor further acknowledge that (a) the amount of loss or damages likely
        to be
        incurred is incapable or is difficult to precisely estimate, (b) the amounts
        specified in such Section bears a reasonable proportion and are not plainly
        or
        grossly disproportionate to the probable loss likely to be incurred by Investor,
        and (c) each of the Company and Investor are sophisticated business parties
        and
        have been represented by sophisticated and able legal and financial counsel
        and
        negotiated this Agreement at arm’s length. 

      

      
        
          
          

        

        
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      ARTICLE
        III 

      

      REPRESENTATIONS
        AND WARRANTIES OF INVESTOR 

      

      Investor
        represents and warrants to the Company that: 

      

      Section
        3.1 INTENT.
        Investor is entering into this Agreement for its own account and Investor
        has no
        present arrangement (whether or not legally binding) at any time to sell
        the
        Common Stock to or through any person or entity; provided, however, Investor
        reserves the right to dispose of the Common Stock at any time in accordance
        with
        federal and state securities laws applicable to such disposition. 

      

      Section
        3.2 SOPHISTICATED INVESTOR. Investor is a sophisticated investor (as described
        in Rule 506(b)(2)(ii) of Regulation D) and an accredited investor (as defined
        in
        Rule 501 of Regulation D), and Investor has such experience in business and
        financial matters that it is capable of evaluating the merits and risks of
        an
        investment in the Common Stock. Investor acknowledges that an investment
        in the
        Common Stock is speculative and involves a high degree of risk. 

      

      Section
        3.3 AUTHORITY. (a) Investor has the requisite power and authority to enter
        into
        and perform its obligations under this Agreement and the transactions
        contemplated hereby in accordance with its terms; (b) the execution and delivery
        of this Agreement and the Registration Rights Agreement, and the consummation
        by
        it of the transactions contemplated hereby and thereby have been duly authorized
        by all necessary action and no further consent or authorization of Investor
        or
        its partners is required; and (c) this Agreement has been duly authorized
        and
        validly executed and delivered by Investor and is a valid and binding agreement
        of Investor enforceable against it in accordance with its terms, subject
        to
        applicable bankruptcy, insolvency, or similar laws relating to, or affecting
        generally the enforcement of, creditors’ rights and remedies or by other
        equitable principles of general application. 

      

      Section
        3.4 NOT AN AFFILIATE. Investor is not an officer, director or “affiliate” (as
        that term is defined in Rule 405 of the Securities Act) of the Company.

      

      
        
          
          

        

        
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      Section
        3.5 ORGANIZATION AND STANDING. Investor is a limited liability company duly
        organized, validly existing and in good standing under the laws of the Cayman
        Islands, and has all requisite power and authority to own, lease and operate
        its
        properties and to carry on its business as now being conducted. Investor
        is duly
        qualified as a foreign corporation to do business and is in good standing
        in
        every jurisdiction in which the nature of the business conducted or property
        owned by it makes such qualification necessary, other than those in which
        the
        failure so to qualify would not have a material adverse effect on Investor.
        

      

      Section
        3.6 ABSENCE OF CONFLICTS. The execution and delivery of this Agreement and
        any
        other document or instrument contemplated hereby, and the consummation of
        the
        transactions contemplated hereby and thereby, and compliance with the
        requirements hereof and thereof, will not (a) violate any law, rule, regulation,
        order, writ, judgment, injunction, decree or award binding on Investor, (b)
        violate any provision of any indenture, instrument or agreement to which
        Investor is a party or is subject, or by which Investor or any of its assets
        is
        bound, or conflict with or constitute a material default thereunder, (c)
        result
        in the creation or imposition of any lien pursuant to the terms of any such
        indenture, instrument or agreement, or constitute a breach of any fiduciary
        duty
        owed by Investor to any third party, or (d) require the approval of any third
        party (that has not been obtained) pursuant to any material contract,
        instrument, agreement, relationship or legal obligation to which Investor
        is
        subject or to which any of its assets, operations or management may be subject.
        

      

      Section
        3.7 DISCLOSURE; ACCESS TO INFORMATION. Investor has received all documents,
        records, books and other information pertaining to Investor’s investment in the
        Company that has been requested by Investor. Investor has reviewed or received
        copies of the SEC Documents. 

      

      Section
        3.8 MANNER OF SALE. At no time was Investor presented with or solicited by
        or
        through any leaflet, public promotional meeting, television advertisement
        or any
        other form of general solicitation or advertising. 

      

      Section
        3.9 FINANCIAL CAPABILITY. Investor presently has the financial capacity and
        the
        necessary capital to perform its obligations hereunder and shall and has
        provided to the Company such financial and other information that the Company
        has requested to demonstrate such capacity.

       

      

      

      

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

      

      ARTICLE
        IV 

      

      REPRESENTATIONS
        AND WARRANTIES OF THE COMPANY

      

      The
        Company represents and warrants to Investor that, except as disclosed in
        the SEC
        Documents: 

      

      Section
        4.1 ORGANIZATION OF THE COMPANY. The Company is a corporation duly organized
        and
        validly existing and in good standing under the laws of the State of Florida,
        and has all requisite power and authority to own, lease and operate its
        properties and to carry on its business as now being conducted. The Company
        is
        duly qualified as a foreign corporation to do business and is in good standing
        in every jurisdiction in which the nature of the business conducted or property
        owned by it makes such qualification necessary, other than those in which
        the
        failure so to qualify would not have a Material Adverse Effect. 

      

      Section
        4.2 AUTHORITY. (a) The Company has the requisite corporate power and authority
        to enter into and perform its obligations under this Agreement and the
        Registration Rights Agreement and to issue the Put Shares and the Blackout
        Shares, if any; (b) the execution and delivery of this Agreement and the
        Registration Rights Agreement by the Company and the consummation by it of
        the
        transactions contemplated hereby and thereby have been duly authorized by
        all
        necessary corporate action and no further consent or authorization of the
        Company or its Board of Directors or stockholders is required; and (c) each
        of
        this Agreement and the Registration Rights Agreement has been duly executed
        and
        delivered by the Company and constitute valid and binding obligations of
        the
        Company enforceable against the Company in accordance with their respective
        terms, except as such enforceability may be limited by applicable bankruptcy,
        insolvency, or similar laws relating to, or affecting generally the enforcement
        of, creditors’ rights and remedies or by other equitable principles of general
        application. 

      

      Section
        4.3 CAPITALIZATION. As of October 12, 2005, the authorized capital stock
        of the
        Company consisted of the following:

      

      
        	 	 	
                500,000,000
                  shares of Common Stock authorized, of which 320,569,291 are issued
                  and
                  outstanding.

              

      

      

      
        	 	 	
                30,000
                  shares of Series A Preferred Stock, $.01 par value, authorized,
                  all of
                  which are issued and outstanding.

              

      

      

      
        	 	 	
                40,000
                  shares of Series D Preferred Stock, $.01 par value, authorized,
                  of which
                  9,168 shares are issued and
                  outstanding.

              

      

       

      All
        of
        the outstanding shares of Common Stock of the Company have been duly and
        validly
        authorized and issued and are fully paid and nonassessable.

      

      Section
        4.4 COMMON STOCK. The Company has registered the Common Stock pursuant to
        Section 12(b) or 12(g) of the Exchange Act and (except for certain late filings)
        is in full compliance with all reporting requirements of the Exchange Act,
        and
        the Company has maintained all requirements for the continued listing or
        quotation of the Common Stock, and such Common Stock is currently listed
        or
        quoted on the Principal Market. As of the date of this Agreement, the Principal
        Market is the OTC Bulletin Board. 

      

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

      Section
        4.5 SEC DOCUMENTS. The Company has delivered or made available to Investor
        true
        and complete copies of the SEC Documents as of June 30, 2005 (including,
        without
        limitation, proxy information and solicitation materials, if any). To the
        best
        of Company’s knowledge, the Company has not provided to Investor any information
        that, according to applicable law, rule or regulation, should have been
        disclosed publicly prior to the date hereof by the Company, but which has
        not
        been so disclosed. As of their respective dates, the SEC Documents complied
        in
        all material respects with the requirements of the Securities Act or the
        Exchange Act, as the case may be, and other federal, state and local laws,
        rules
        and regulations applicable to such SEC Documents. The SEC Documents, as of
        their
        respective dates, did not contain any untrue statement of a material fact
        or
        omit to state a material fact required to be stated therein or necessary
        in
        order to make the statements therein, in light of the circumstances under
        which
        they were made, not misleading. The financial statements of the Company included
        in the SEC Documents comply as to form and substance in all material respects
        with applicable accounting requirements and the published rules and regulations
        of the SEC or other applicable rules and regulations with respect thereto.
        Such
        financial statements have been prepared in accordance with generally accepted
        accounting principles applied on a consistent basis during the periods involved
        (except (a) as may be otherwise indicated in such financial statements or
        the
        notes thereto or (b) in the case of unaudited interim statements, to the
        extent
        they may not include footnotes or may be condensed or summary statements)
        and
        fairly present in all material respects the financial position of the Company
        as
        of the dates thereof and the results of operations and cash flows for the
        periods then ended (subject, in the case of unaudited statements, to normal
        year-end audit adjustments). 

       

      Section
        4.6 EXEMPTION FROM REGISTRATION; VALID ISSUANCES. To the best of Company’s
        knowledge, the sale and issuance of the Put Shares and the Blackout Shares,
        if
        any, in accordance with the terms and on the bases of the representations
        and
        warranties set forth in this Agreement, may and shall be properly issued
        by the
        Company to Investor pursuant to and exemption from the registration requirements
        of the Securities Act and/or any applicable state law. When issued and paid
        for
        as herein provided, the Put Shares, and the Blackout Shares, if any, shall
        be
        duly and validly issued, fully paid, and nonassessable. Neither the sales
        of the
        Put Shares or the Blackout Shares, if any, pursuant to, nor the Company’s
        performance of its obligations under, this Agreement or the Registration
        Rights
        Agreement shall (a) result in the creation or imposition of any liens, charges,
        claims or other encumbrances upon the Put Shares or the Blackout Shares,
        if any,
        or any of the assets of the Company, or (b) entitle the holders of Outstanding
        Common Stock to preemptive or other rights to subscribe to or acquire the
        Common
        Stock or other securities of the Company. The Put Shares and the Blackout
        Shares, if any, shall not subject Investor to personal liability by reason
        of
        the ownership thereof. 

      

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

      Section
        4.7 NO GENERAL SOLICITATION OR ADVERTISING IN REGARD TO THIS TRANSACTION.
        Neither the Company nor any of its affiliates nor any person acting on its
        or
        their behalf (a) has conducted or will conduct any general solicitation (as
        that
        term is used in Rule 502(c) of Regulation D) or general advertising with
        respect
        to any of the Put Shares or the Blackout Shares, if any, or (b) made any
        offers
        or sales of any security or solicited any offers to buy any security under
        any
        circumstances that would require registration of the Common Stock under the
        Securities Act. 

       

      Section
        4.8 CORPORATE DOCUMENTS. The Company has furnished or made available to Investor
        true and correct copies of the Company’s Certificate of Incorporation, as
        amended and in effect on the date hereof (the “CERTIFICATE”), and the Company’s
        By-Laws, as amended and in effect on the date hereof (the “BY-LAWS”).

      

      Section
        4.9 NO CONFLICTS. The execution, delivery and performance of this Agreement
        by
        the Company and the consummation by the Company of the transactions contemplated
        hereby, including without limitation the issuance of the Put Shares and the
        Blackout Shares, if any, do not and will not (a) result in a violation of
        the
        Certificate or By-Laws or (b) conflict with, or constitute a material default
        (or an event that with notice or lapse of time or both would become a material
        default) under, or give to others any rights of termination, amendment,
        acceleration or cancellation of, any material agreement, indenture, instrument
        or any “lock-up” or similar provision of any underwriting or similar agreement
        to which the Company is a party, or (c) result in a violation of any federal,
        state, local or foreign law, rule, regulation, order, judgment or decree
        (including federal and state securities laws and regulations)applicable to
        the
        Company or by which any property or asset of the Company is bound or affected
        (except for such conflicts, defaults, terminations, amendments, accelerations,
        cancellations and violations as would not, individually or in the aggregate,
        have a Material Adverse Effect) nor is the Company otherwise in violation
        of,
        conflict with or in default under any of the foregoing; provided, however,
        that
        for purposes of the Company’s representations and warranties as to violations of
        foreign law, rule or regulation referenced in clause (c), such representations
        and warranties are made only to the best of the Company’s knowledge insofar as
        the execution, delivery and performance of this Agreement by the Company
        and the
        consummation by the Company of the transactions contemplated hereby are or
        may
        be affected by the status of Investor under or pursuant to any such foreign
        law,
        rule or regulation. The business of the Company is not being conducted in
        violation of any law, ordinance or regulation of any governmental entity,
        except
        to the extent any such violations, either singly or in the aggregate, do
        not and
        will not have a Material Adverse Effect. The Company is not required under
        federal, state or local law, rule or regulation to obtain any consent,
        authorization or order of, or make any filing or registration with, any court
        or
        governmental agency in order for it to execute, deliver or perform any of
        its
        obligations under this Agreement or issue and sell the Common Stock in
        accordance with the terms hereof (other than any SEC, NASD or state securities
        filings that may be required to be made by the Company subsequent to any
        Closing, any registration statement that may be filed pursuant hereto, and
        any
        shareholder approval required by the rules applicable to companies whose
        common
        stock trades on the Over The Counter Bulletin Board); provided that, for
        purposes of the representation made in this sentence, the Company is assuming
        and relying upon the accuracy of the relevant representations and agreements
        of
        Investor herein. 

      

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

      Section
        4.10 NO MATERIAL ADVERSE CHANGE. Since June 30, 2005, no event has occurred
        that
        would have a Material Adverse Effect on the Company, except as disclosed
        in the
        SEC Documents, as of the date hereof. 

      

      Section
        4.11 NO
        UNDISCLOSED LIABILITIES. The Company has no liabilities or obligations that
        are
        material, individually or in the aggregate, and that are not disclosed in
        the
        SEC Documents or otherwise publicly announced, other than those incurred
        in the
        ordinary course of the Company’s businesses since June 30, 2005 and which,
        individually or in the aggregate, do not or would not have a Material Adverse
        Effect on the Company as of the date hereof. 

      

      Section
        4.12 NO
        UNDISCLOSED EVENTS OR CIRCUMSTANCES. Since June 30, 2005, no event or
        circumstance has occurred or exists with respect to the Company or its
        businesses, properties, prospects, operations or financial condition, that,
        under applicable law, rule or regulation, requires public disclosure or
        announcement prior to the date hereof by the Company but which has not been
        so
        publicly announced or disclosed in the SEC Documents. 

       

      Section
        4.13 NO
        INTEGRATED OFFERING. Neither the Company, nor any of its affiliates, nor
        any
        person acting on its or their behalf has, directly or indirectly, made any
        offers or sales of any security or solicited any offers to buy any security,
        other than pursuant to this Agreement, under circumstances that would require
        registration of the Common Stock under the Securities Act. 

      

      Section
        4.14 LITIGATION AND OTHER PROCEEDINGS. Except as may be set forth in the
        SEC
        Documents as of the date hereof, there are no lawsuits or proceedings pending
        or, to the best knowledge of the Company, threatened, against the Company,
        nor
        has the Company received any written or oral notice of any such action, suit,
        proceeding or investigation, which would have a Material Adverse Effect.
        Except
        as set forth in the SEC Documents as of the date hereof, no judgment, order,
        writ, injunction or decree or award has been issued by or, so far as is known
        by
        the Company, requested of any court, arbitrator or governmental agency which
        would have a Material Adverse Effect. 

       

      Section
        4.15 NO MISLEADING OR UNTRUE COMMUNICATION. The Company, any Person representing
        the Company, and, to the knowledge of the Company, any other Person selling
        or
        offering to sell the Put Shares or the Blackout Shares, if any, in connection
        with the transactions contemplated by this Agreement, have not made, at any
        time, any oral communication in connection with the offer or sale of the
        same
        which contained any untrue statement of a material fact or omitted to state
        any
        material fact necessary in order to make the statements, in the light of
        the
        circumstances under which they were made, not misleading. 

      

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

      ARTICLE
        V

      

      COVENANTS
        OF INVESTOR 

      

      Section
        5.1 COMPLIANCE WITH LAW. Investor’s trading activities with respect to shares of
        the Common Stock will be in compliance with all applicable state and federal
        securities laws, rules and regulations and the rules and regulations of the
        NASD
        and the Principal Market on which the Common stock is listed. Promptly, but
        in
        any event within 20 days after a written request by the Company, Investor
        will
        provide to the Company true, correct and complete copies of all trading records
        of the Investor and its affiliates related to their trading activities in
        the
        Common Stock.

      

      

      ARTICLE
        VI

      

      COVENANTS
        OF THE COMPANY 

      

      Section
        6.1 REGISTRATION RIGHTS. The Company shall comply in all respects with the
        terms
        of the Registration Rights Agreement. 

      

      Section
        6.2 [INTENTIONALLY OMITTED]

      

      Section
        6.3 LISTING OF COMMON STOCK. The Company shall maintain the listing of the
        Common Stock on a Principal Market, and, if applicable, will cause the Put
        Shares and the Blackout Shares, if any, to be listed on the Principal Market.
        The Company further shall, if the Company applies to have the Common Stock
        traded on any other Principal Market, include in such application the Put
        Shares
        and the Blackout Shares, if any, and shall take such other action as is
        necessary or desirable in the reasonable opinion of Investor to cause the
        Common
        Stock to be listed on such other Principal Market as promptly as possible.
        The
        Company shall use its commercially reasonable efforts to continue the listing
        and trading of the Common Stock on the Principal Market (including, without
        limitation, maintaining sufficient net tangible assets) and will comply in
        all
        respects with the Company’s reporting, filing and other obligations under the
        bylaws or rules of the NASD and the Principal Market. 

       

      Section
        6.4 EXCHANGE ACT REGISTRATION. The Company shall take all commercially
        reasonable steps to cause the Common Stock to continue to be registered under
        Section 12(g) or 12(b) of the Exchange Act, will use its commercially reasonable
        efforts to comply in all material respects with its reporting and filing
        obligations under said Act, and will not take any action or file any document
        (whether or not permitted by said Act or the rules thereunder)to terminate
        or
        suspend such registration or to terminate or suspend its reporting and filing
        obligations under said Act. 

      

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

      Section
        6.5 LEGENDS. The certificates evidencing the Put Shares and the Blackout
        Shares,
        if any, shall be free of legends, except as provided for in Article VIII.
        

      

      Section
        6.6 CORPORATE EXISTENCE. The Company shall take all commercially reasonable
        steps necessary to preserve and continue the corporate existence of the Company.
        

      

      Section
        6.7 [INTENTIONALLY OMITTED]

      

      Section
        6.8 NOTICE OF CERTAIN EVENTS AFFECTING REGISTRATION; SUSPENSION OF RIGHT
        TO MAKE
        A PUT. The Company shall promptly notify Investor upon the occurrence of
        any of
        the following events in respect of a registration statement or related
        prospectus in respect of an offering of Registrable Securities: (a) receipt
        of
        any request for additional information by the SEC or any other federal or
        state
        governmental authority during the period of effectiveness of the registration
        statement for amendments or supplements to the registration statement or
        related
        prospectus; (b) the issuance by the SEC or any other federal or state
        governmental authority of any stop order suspending the effectiveness of
        any
        Registration Statement or the initiation of any proceedings for that purpose;
        (c) receipt of any notification with respect to the suspension of the
        qualification or exemption from qualification of any of the Registrable
        Securities for sale in any jurisdiction or the initiation or threatening
        of any
        proceeding for such purpose; (d) the happening of any event that makes any
        statement made in such Registration Statement or related prospectus or any
        document incorporated or deemed to be incorporated therein by reference untrue
        in any material respect or that requires the making of any changes in the
        registration statement, related prospectus or documents so that, in the case
        of
        a Registration Statement, it 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 that in the
        case of
        the related prospectus, it 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, in the light of the circumstances
        under which they were made, not misleading; and (e) the Company’s reasonable
        determination that a post-effective amendment to the registration statement
        would be appropriate, and the Company shall promptly make available to Investor
        any such supplement or amendment to the related prospectus. The Company shall
        not deliver to Investor any Put Notice during the continuation of any of
        the
        foregoing events. 

      

      Section
        6.9 EXPECTATIONS REGARDING PUT NOTICES. Within fifteen (15) business days
        after
        the commencement of each calendar quarter occurring subsequent to the
        commencement of the Commitment Period, the Company undertakes to notify Investor
        as to its reasonable expectations as to the dollar amount it intends to raise
        during such calendar quarter, if any, through the issuance of Put Notices;
        provided that if the Company does not send a notice it will be deemed to
        have
        estimated that it does not intend to make any Put Notices during such quarter.
        Such notification shall constitute only the Company’s good faith estimate with
        respect to such calendar quarter and shall in no way obligate the Company
        to
        raise such amount during such calendar quarter or otherwise limit its ability
        to
        deliver Put Notices during such calendar quarter. The failure by the Company
        to
        comply with this provision can be cured by the Company’s notifying Investor at
        any time as to its reasonable expectations with respect to the current calendar
        quarter. 

      

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

      Section
        6.10 CONSOLIDATION; MERGER. The Company shall not, at any time after the
        date
        hereof, effect any merger or consolidation of the Company with or into, or
        a
        transfer of all or substantially all of the assets of the Company to, another
        entity unless the resulting successor or acquiring entity (if not the Company)
        assumes by written instrument the obligation to deliver to Investor such
        shares
        of Common Stock and/or securities as Investor is entitled to receive pursuant
        to
        this Agreement. 

      

      Section
        6.11 ISSUANCE OF PUT SHARES AND BLACKOUT SHARES. The sale of the Put Shares
        and
        the issuance of the Blackout Shares, if any, shall be made in accordance
        with
        the provisions and requirements of Regulation D (or otherwise be exempt from
        the
        registration requirements of the Securities Act) and any applicable state
        law.

      

      Section
        6.12 DILUTION. The number of shares of Common Stock issuable as Put Shares
        may
        increase substantially in certain circumstances, including, but not necessarily
        limited to, the circumstance wherein the trading price of the Common Stock
        declines during the period between the Effective Date and the end of the
        Commitment Period. The Company’s executive officers and directors have studied
        and fully understand the nature of the transactions contemplated by this
        Agreement and recognize that they have a potential dilutive effect. The board
        of
        directors of the Company has concluded, in its good faith business judgment,
        that such issuance is in the best interests of the Company. The Company
        specifically acknowledges that its obligation to issue the Put Shares is
        binding
        upon the Company and enforceable regardless of the dilution such issuance
        may
        have on the ownership interests of other shareholders of the
        Company.

      

      

      ARTICLE
        VII

      

      CONDITIONS
        TO DELIVERY OF

      PUT
        NOTICES AND CONDITIONS TO CLOSING

      

      Section
        7.1 CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO ISSUE AND SELL
        COMMON STOCK. The obligation hereunder of the Company to issue and sell the
        Put
        Shares to Investor incident to each Closing is subject to the satisfaction,
        at
        or before each such Closing, of each of the conditions set forth
        below.

      

      (a)
        ACCURACY OF INVESTOR’S REPRESENTATIONS AND WARRANTIES. The representations and
        warranties of Investor shall be true and correct in all material respects
        as of
        the date of this Agreement and as of the date of each such Closing as though
        made at each such time, except for (i) such representations and warranties
        as by
        their nature are made as of a specific date and (ii) changes which have not
        had
        a Material Adverse Effect.

      

      
        
          
          

        

        
          18

          
            

          

        

        
          
          

        

      

      (b)
        PERFORMANCE BY INVESTOR. Investor shall have performed, satisfied and complied
        in all respects with all covenants, agreements and conditions required by
        this
        Agreement to be performed, satisfied or complied with by Investor at or prior
        to
        such Closing.

      

      Section
        7.2 CONDITIONS PRECEDENT TO THE RIGHT OF THE COMPANY TO DELIVER A PUT NOTICE
        AND
        THE OBLIGATION OF INVESTOR TO PURCHASE PUT SHARES. The right of the Company
        to
        deliver a Put Notice and the obligation of Investor hereunder to acquire
        and pay
        for the Put Shares incident to a Closing is subject to the satisfaction,
        on (a)
        the date of delivery of such Put Notice and (b) the applicable Closing Date
        (each a “CONDITION SATISFACTION DATE”), of each of the following conditions:

      

      (a)
        REGISTRATION OF REGISTRABLE SECURITIES WITH THE SEC. As set forth in the
        Registration Rights Agreement, the Company shall have filed with the SEC
        the
        Initial Registration Statement with respect to the resale of the Initial
        Registrable Securities by Investor and such Registration Statement shall
        have
        been declared effective by the SEC prior to the first Put Date. For the purposes
        of any Put Notice with respect to the Registrable Securities other than the
        Initial Registrable Securities, the Company shall have filed with the SEC
        a
        Registration Statement with respect to the resale of such Registrable Securities
        by Investor which shall have been declared effective by the SEC prior to
        the Put
        Date therefore. 

       

      (b)
        EFFECTIVE REGISTRATION STATEMENT. As set forth in the Registration Rights
        Agreement, a Registration Statement shall have previously become effective
        for
        the resale by Investor of the Registrable Securities subject to such Put
        Notice
        and such Registration Statement shall remain effective on each Condition
        Satisfaction Date and (i) neither the Company nor Investor shall have received
        notice that the SEC has issued or intends to issue a stop order with respect
        to
        such Registration Statement or that the SEC otherwise has suspended or withdrawn
        the effectiveness of such Registration Statement, either temporarily or
        permanently, or intends or has threatened to do so (unless the SEC’s concerns
        have been addressed and Investor is reasonably satisfied that the SEC no
        longer
        is considering or intends to take such action),and (ii) no other suspension
        of
        the use or withdrawal of the effectiveness of such Registration Statement
        or
        related prospectus shall exist.

      

      (c)
        ACCURACY OF THE COMPANY’S REPRESENTATIONS AND WARRANTIES. The representations
        and warranties of the Company shall be true and correct in all material respects
        as of each Condition Satisfaction Date as though made at each such time (except
        for representations and warranties specifically made as of a particular date)
        with respect to all periods, and as to all events and circumstances occurring
        or
        existing to and including each Condition Satisfaction Date, except for any
        conditions which have temporarily caused any representations or warranties
        herein to be incorrect and which have been corrected with no continuing
        impairment to the Company or Investor. 

      

      
        
          
          

        

        
          19

          
            

          

        

        
          
          

        

      

      (d)
        PERFORMANCE BY THE COMPANY. The Company shall have performed, satisfied and
        complied in all material respects with all covenants, agreements and conditions
        required by this Agreement and the Registration Rights Agreement to be
        performed, satisfied or complied with by the Company at or prior to each
        Condition Satisfaction Date. 

      

      (e)
        NO
        INJUNCTION. No statute, rule, regulation, executive order, decree, ruling
        or
        injunction shall have been enacted, entered, promulgated or adopted by any
        court
        or governmental authority of competent jurisdiction that prohibits or directly
        and materially adversely affects any of the transactions contemplated by
        this
        Agreement, and no proceeding shall have been commenced that may have the
        effect
        of prohibiting or materially adversely affecting any of the transactions
        contemplated by this Agreement. 

      

      (f)
        ADVERSE CHANGES. Since the date of filing of the Company’s most recent SEC
        Document, no event that had or is reasonably likely to have a Material Adverse
        Effect has occurred. 

      

      (g)
        NO
        SUSPENSION OF TRADING IN OR DELISTING OF COMMON STOCK. The trading of the
        Common
        Stock shall not have been suspended by the SEC, the Principal Market or the
        NASD
        and the Common Stock shall have been approved for listing or quotation on
        and
        shall not have been delisted from the Principal Market. 

      

      (h)
        [INTENTIONALLY OMITTED]

      

      (i)
        [INTENTIONALLY OMITTED]

      

      (j)
        TEN
        PERCENT LIMITATION. On each Closing Date, the number of Put Shares then to
        be
        purchased by Investor shall not exceed the number of such shares that, when
        aggregated with all other shares of Registrable Securities then owned by
        Investor beneficially or deemed beneficially owned by Investor, would result
        in
        Investor owning no more than 9.9% of all of such Common Stock as would be
        outstanding on such Closing Date, as determined in accordance with Section
        16 of
        the Exchange Act and the regulations promulgated thereunder. For purposes
        of
        this Section 7.2(j), in the event that the amount of Common Stock outstanding
        as
        determined in accordance with Section 16 of the Exchange Act and the regulations
        promulgated thereunder is greater on a Closing Date than on the date upon
        which
        the Put Notice associated with such Closing Date is given, the amount of
        Common
        Stock outstanding on such Closing Date shall govern for purposes of determining
        whether Investor, when aggregating all purchases of Common Stock made pursuant
        to this Agreement and Blackout Shares, if any, would own more than 9.9% of
        the
        Common Stock following such Closing Date.

       

      
        
          
          

        

        
          20

          
            

          

        

        
          
          

        

      

      (k)
        NO
        KNOWLEDGE. The Company shall have no knowledge of any event more likely than
        not
        to have the effect of causing such Registration Statement to be suspended
        or
        otherwise ineffective (which event is more likely than not to occur within
        the
        fifteen Trading Days following the Trading Day on which such Notice is deemed
        delivered). 

      

      (l)
        SHAREHOLDER VOTE. The issuance of shares of Common Stock with respect to
        the
        applicable Closing, if any, shall not violate the shareholder approval
        requirements of the Principal Market. 

      

      (m)
        OTHER. On each Condition Satisfaction Date, Investor shall have received
        and
        been reasonably satisfied with such other certificates and documents as shall
        have been reasonably requested by Investor in order for Investor to confirm
        the
        Company’s satisfaction of the conditions set forth in this Section 7.2.,
        including, without limitation, a Closing Certificate, executed by an executive
        officer of the Company and to the effect that all the conditions to such
        Closing
        shall have been satisfied as at the date of each such Closing
        Certificate.

      

      Section
        7.3 DUE DILIGENCE REVIEW; NON-DISCLOSURE OF NON-PUBLIC INFORMATION.

      

      (a)
        The
        Company shall make available for inspection and review by Investor, advisors
        to
        and representatives of Investor (who may or may not be affiliated with Investor
        and who are reasonably acceptable to the Company), and any Underwriter, any
        Registration Statement or amendment or supplement thereto or any blue sky,
        NASD
        or other filing, all financial and other records, all SEC Documents and other
        filings with the SEC, and all other corporate documents and properties of
        the
        Company as may be reasonably necessary for the purpose of such review, and
        cause
        the Company’s officers, directors and employees to supply all such information
        reasonably requested by Investor or any such representative, advisor or
        Underwriter in connection with such Registration Statement (including, without
        limitation, in response to all questions and other inquiries reasonably made
        or
        submitted by any of them), prior to and from time to time after the filing
        and
        effectiveness of such Registration. 

      

      (b)
        Each
        of the Company, its officers, directors, employees and agents shall in no
        event
        disclose non-public information to Investor, advisors to or representatives
        of
        Investor.

      

      (c)
        Nothing herein shall require the Company to disclose non-public information
        to
        Investor or its advisors or representatives, and the Company represents that
        it
        does not disseminate non-public information to any investors who purchase
        stock
        in the Company in a public offering, to money managers or to securities
        analysts; provided, however, that notwithstanding anything herein to the
        contrary, the Company shall, as hereinabove provided, immediately notify
        the
        advisors and representatives of Investor and any Underwriters of any event
        or
        the existence of any circumstance(without any obligation to disclose the
        specific event or circumstance) of which it becomes aware, constituting
        non-public information (whether or not requested of the Company specifically
        or
        generally during the course of due diligence by such persons or entities),
        which, if not disclosed in the prospectus included in a Registration Statement
        would cause such prospectus to include a material misstatement or to omit
        a
        material fact required to be stated therein in order to make the statements
        therein, in light of the circumstances in which they were made, not misleading.
        Nothing contained in this Section 7.3 shall be construed to mean that such
        persons or entities other than Investor (without the written consent of Investor
        prior to disclosure of such information) may not obtain non-public information
        in the course of conducting due diligence in accordance with the terms and
        conditions of this Agreement and nothing herein shall prevent any such persons
        or entities from notifying the Company of their opinion that based on such
        due
        diligence by such persons or entities, any Registration Statement contains
        an
        untrue statement of a material fact or omits a material fact required to
        be
        stated in such Registration Statement or necessary to make the statements
        contained therein, in light of the circumstances in which they were made,
        not
        misleading. 

       

      
        
          
          

        

        
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      ARTICLE
        VIII 

      

      LEGENDS

      

      Section
        8.1 LEGENDS. (a) Except
        as
        otherwise provided below, each certificate representing Registrable Securities
        will bear the following legend (the “LEGEND”): 

      

      The
        securities represented by this certificate have not been registered under
        the
        Securities Act of 1933 (the “Securities Act”) or qualified under applicable
        state securities laws. These securities may not be offered, sold, pledged,
        hypothecated, transferred or otherwise disposed of except pursuant to (i)
        an
        effective registration statement and qualification in effect with respect
        thereto under the Securities Act and under any applicable state securities
        law,
        (ii) to the extent applicable, Rule 144 under the Securities Act, or (iii)
        an
        opinion of counsel reasonably acceptable to the Company that such registration
        and qualification is not required under applicable federal and state securities
        laws.”

      

      (b) As
        soon
        as practicable after the execution and delivery hereof, the Company shall
        issue
        to the Transfer Agent Instructions in substantially the form of Exhibit E
        hereto. Such instructions shall be irrevocable by the Company from and after
        the
        date thereof or from and after the issuance thereof except as otherwise
        expressly provided in the Registration Rights Agreement. It is the intent
        and
        purpose of such instructions, as provided therein, to require the Transfer
        Agent
        to issue to Investor certificates evidencing shares of Common Stock incident
        to
        a Closing, free of the Legend, without consultation by the transfer agent
        with
        the Company or its counsel and without the need for any further advice or
        instruction or documentation to the Transfer Agent by or from the Company
        or its
        counsel or Investor; provided that (a) a Registration Statement shall then
        be
        effective, (b) Investor confirms to the Transfer Agent and the Company that
        it
        has or intends to sell such Common Stock to a third party which is not an
        affiliate of Investor or the Company and Investor agrees to redeliver the
        certificate representing such shares of Common Stock to the Transfer Agent
        to
        add the Legend in the event the Common Stock is not sold, and (c) Investor
        confirms to the transfer agent and the Company that Investor has complied
        with
        the prospectus delivery requirement under the Securities Act. At any time
        after
        the Effective Date, upon surrender of one or more certificates evidencing
        Common
        Stock that bear the Legend, to the extent accompanied by a notice requesting
        the
        issuance of new certificates free of the Legend to replace those surrendered.
        

      

      
        
          
          

        

        
          22

          
            

          

        

        
          
          

        

      

      Section
        8.2 NO OTHER LEGEND OR STOCK TRANSFER RESTRICTIONS. No legend other than
        the one
        specified in Section 8.1 has been or shall be placed on the share certificates
        representing the Common Stock and no instructions or “stop transfers orders,” so
        called, “stock transfer restrictions,” or other restrictions have been or shall
        be given to the Company’s transfer agent with respect thereto other than as
        expressly set forth in this Article VIII. 

      

      Section
        8.3 COVER. If the Company fails for any reason to deliver the Put Shares
        on such
        Closing Date and the holder of the Put Shares (a “Investor”) purchases, in an
        open market transaction or otherwise, shares of Common Stock (the “Covering
        Shares”) in order to make delivery in satisfaction of a sale of Common Stock by
        such Investor (the “Sold Shares”), which delivery such Investor anticipated to
        make using the Put Shares (a “Buy-In”), then the Company shall pay to such
        Investor, in addition to all other amounts contemplated in other provisions
        of
        the Transaction Documents, and not in lieu thereof, the Buy-In Adjustment
        Amount
        (as defined below). The “Buy-In Adjustment Amount” is the amount equal to the
        excess, if any, of (x) such Investor’s total purchase price (including brokerage
        commissions, if any) for the Covering Shares over (y) the net proceeds (after
        brokerage commissions, if any) received by such Investor from the sale of
        the
        Sold Shares. The Company shall pay the Buy-In Adjustment Amount to such Investor
        in immediately available funds immediately upon demand by such Investor.
        By way
        of illustration and not in limitation of the foregoing, if such Investor
        purchases Covering Shares having a total purchase price (including brokerage
        commissions) of $11,000 to cover a Buy-In with respect to shares of Common
        Stock
        that it sold for net proceeds of $10,000, the Buy-In Adjustment Amount that
        the
        Company will be required to pay to such Investor will be $1,000.

      

      Section
        8.4 INVESTOR’S COMPLIANCE. Nothing in this Article VIII shall affect in any way
        Investor’s obligations under any agreement to comply with all applicable
        securities laws upon resale of the Common Stock. 

      

      ARTICLE
        IX

      

      NOTICES;
        INDEMNIFICATION 

      

      Section
        9.1 NOTICES. All notices, demands, requests, consents, approvals, and other
        communications required or permitted hereunder shall be in writing and, unless
        otherwise specified herein, shall be (a) personally served,(b) deposited
        in the
        mail, registered or certified, return receipt requested, postage prepaid,
        (c)
        delivered by reputable air courier service with charges prepaid, or (d)
        transmitted by hand delivery, telegram, or facsimile, addressed as set forth
        below or to such other address as such party shall have specified most recently
        by written notice given in accordance herewith. Any notice or other
        communication required or permitted to be given hereunder shall be deemed
        effective (i) upon hand delivery or delivery by facsimile, with accurate
        confirmation generated by the transmitting facsimile machine, at the address
        or
        number designated below (if delivered on a business day during normal business
        hours where such notice is to be received), or the first business day following
        such delivery (if delivered other than on a business day during normal business
        hours where such notice is to be received) or (ii) on the second business
        day
        following the date of mailing by express courier service or on the fifth
        business day after deposited in the mail, in each case, fully prepaid, addressed
        to such address, or upon actual receipt of such mailing, whichever shall
        first
        occur. The addresses for such communications shall be: 

      

      
        
          
          

        

        
          23

          
            

          

        

        
          
          

        

      

      
        	
              	
                If to the Company:

              	
                Markland
                  Technologies, Inc.

              

      

      8
        Faneuil
        Hall

      Third
        Floor, Boston, MA 02109

      Telephone
        No.: (617) 973-5105

      Telecopier
        No.: (617) 973-6406

      

      
        	
              	if
                to Investor:  	
                Brittany
                  Capital Management Ltd.

              

      

      Cumberland
        House

      27
        Cumberland Street

      PO
        Box
        N-10818

      Nassau,
        New Providence

      Bahamas

      

      Either
        party hereto may from time to time change its address or facsimile number
        for
        notices under this Section 9.1 by giving at least ten (10) days’ prior written
        notice of such changed address or facsimile number to the other party hereto.
        

      

      Section
        9.2 INDEMNIFICATION. 

      

      The
        Company agrees to indemnify and hold harmless Investor and its officers,
        directors, employees, and agents, and each Person or entity, if any, who
        controls Investor within the meaning of Section 15 of the Securities Act
        or
        Section 20 of the Exchange Act, from and against any Damages, joint or several,
        and any action in respect thereof to which Investor, its partners, affiliates,
        officers, directors, employees, and duly authorized agents, and any such
        Controlling Person becomes subject to, resulting from, arising out of or
        relating to any misrepresentation, breach of warranty or nonfulfillment of
        or
        failure to perform any covenant or agreement on the part of Company contained
        in
        this Agreement, as such Damages are incurred, except to the extent such Damages
        result primarily from Investor’s failure to perform any covenant or agreement
        contained in this Agreement or Investor’s or its officer’s, director’s,
        employee’s, agent’s or Controlling Person’s negligence, recklessness or bad
        faith in performing its obligations under this Agreement. 

      

      
        
          
          

        

        
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      Section
        9.3 METHOD OF ASSERTING INDEMNIFICATION CLAIMS. All claims for indemnification
        by any Indemnified Party (as defined below) under Section 9.2 shall be asserted
        and resolved as follows: 

      

      (a)
        In
        the event any claim or demand in respect of which any person claiming
        indemnification under any provision of this Article (an “INDEMNIFIED PARTY”)
        might seek indemnity under this Article is asserted against or sought to
        be
        collected from such Indemnified Party by a person other than a party hereto
        or
        an affiliate thereof (a “THIRD PARTY CLAIM”), the Indemnified Party shall
        deliver a written notification, enclosing a copy of all papers served, if
        any,
        and specifying the nature of and basis for such Third Party Claim and for
        the
        Indemnified Party’s claim for indemnification that is being asserted under any
        provision of this Article against any person (the “INDEMNIFYING PARTY”),
        together with the amount or, if not then reasonably ascertainable, the estimated
        amount, determined in good faith, of such Third Party Claim (a “CLAIM NOTICE”)
        with reasonable promptness to the Indemnifying Party. If the Indemnified
        Party
        fails to provide the Claim Notice with reasonable promptness after the
        Indemnified Party receives notice of such Third Party Claim, the Indemnifying
        Party shall not be obligated to indemnify the Indemnified Party with respect
        to
        such Third Party Claim to the extent that the Indemnifying Party’s ability to
        defend has been prejudiced by such failure of the Indemnified Party. The
        Indemnifying Party shall notify the Indemnified Party as soon as practicable
        within the period ending thirty (30) calendar days following receipt by the
        Indemnifying Party of either a Claim Notice or an Indemnity Notice (as defined
        below) (the “DISPUTE PERIOD”) whether the Indemnifying Party disputes its
        liability or the amount of its liability to the Indemnified Party under this
        Article and whether the Indemnifying Party desires, at its sole cost and
        expense, to defend the Indemnified Party against such Third Party Claim.(i)If
        the Indemnifying Party notifies the Indemnified Party within the Dispute
        Period
        that the Indemnifying Party desires to defend the Indemnified Party with
        respect
        to the Third Party Claim pursuant to this Section 9.3(a), then the Indemnifying
        Party shall have the right to defend, with counsel reasonably satisfactory
        to
        the Indemnified Party, at the sole cost and expense of the Indemnifying Party,
        such Third Party Claim by all appropriate proceedings, which proceedings
        shall
        be vigorously and diligently prosecuted by the Indemnifying Party to a final
        conclusion or will be settled at the discretion of the Indemnifying Party
        (but
        only with the consent of the Indemnified Party in the case of any settlement
        that provides for any relief other than the payment of monetary damages or
        that
        provides for the payment of monetary damages as to which the Indemnified
        Party
        shall not be indemnified in full pursuant to this Article). The Indemnifying
        Party shall have full control of such defense and proceedings, including
        any
        compromise or settlement thereof; provided, however, that the Indemnified
        Party
        may, at the sole cost and expense of the Indemnified Party, at any time prior
        to
        the Indemnifying Party’s delivery of the notice referred to in the first
        sentence of this clause (i), file any motion, answer or other pleadings or
        take
        any other action that the Indemnified Party reasonably believes to be necessary
        or appropriate to protect its interests; and provided further, that if requested
        by the Indemnifying Party, the Indemnified Party will, at the sole cost and
        expense of the Indemnifying Party, provide reasonable cooperation to the
        Indemnifying Party in contesting any Third Party Claim that the Indemnifying
        Party elects to contest. The Indemnified Party may participate in, but not
        control, any defense or settlement of any Third Party Claim controlled by
        the
        Indemnifying Party pursuant to this clause (i), and except as provided in
        the
        preceding sentence, the Indemnified Party shall bear its own costs and expenses
        with respect to such participation. Notwithstanding the foregoing, the
        Indemnified Party may takeover the control of the defense or settlement of
        a
        Third Party Claim at any time if it irrevocably waives its right to indemnity
        under this Article with respect to such Third Party Claim. (ii) If the
        Indemnifying Party fails to notify the Indemnified Party within the

       

      
        
          
          

        

        
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      Dispute
        Period that the Indemnifying Party desires to defend the Third Party Claim
        pursuant to Section 9.3(a), or if the Indemnifying Party gives such notice
        but
        fails to prosecute vigorously and diligently
        or settle the Third Party Claim, or if the Indemnifying Party fails to give
        any
        notice whatsoever within the Dispute Period, then the Indemnified Party shall
        have the right to defend, at the sole cost and expense of the Indemnifying
        Party, the Third Party Claim by all appropriate proceedings, which proceedings
        shall be prosecuted by the Indemnified Party in a reasonable manner and in
        good
        faith or will be settled at the discretion of the Indemnified Party(with
        the
        consent of the Indemnifying Party, which consent will not be unreasonably
        withheld). The Indemnified Party will have full control of such defense and
        proceedings, including any compromise or settlement thereof; provided, however,
        that if requested by the Indemnified Party, the Indemnifying Party will,
        at the
        sole cost and expense of the Indemnifying Party, provide reasonable cooperation
        to the Indemnified Party and its counsel in contesting any Third Party Claim
        which the Indemnified Party is contesting. Notwithstanding the foregoing
        provisions of this clause (ii), if the Indemnifying Party has notified the
        Indemnified Party within the Dispute Period that the Indemnifying Party disputes
        its liability or the amount of its liability hereunder to the Indemnified
        Party
        with respect to such Third Party Claim and if such dispute is resolved in
        favor
        of the Indemnifying Party in the manner provided in clause (iii) below, the
        Indemnifying Party will not be required to bear the costs and expenses of
        the
        Indemnified Party’s defense pursuant to this clause (ii) or of the Indemnifying
        Party’s participation therein at the Indemnified Party’s request, and the
        Indemnified Party shall reimburse the Indemnifying Party in full for all
        reasonable costs and expenses incurred by the Indemnifying Party in connection
        with such litigation. The Indemnifying Party may participate in, but not
        control, any defense or settlement controlled by the Indemnified Party pursuant
        to this clause (ii), and the Indemnifying Party shall bear its own costs
        and
        expenses with respect to such participation. (iii) If the Indemnifying Party
        notifies the Indemnified Party that it does not dispute its liability or
        the
        amount of its liability to the Indemnified Party with respect to the Third
        Party
        Claim under this Article or fails to notify the Indemnified Party within
        the
        Dispute Period whether the Indemnifying Party disputes its liability or the
        amount of its liability to the Indemnified Party with respect to such Third
        Party Claim, the amount of Damages specified in the Claim Notice shall be
        conclusively deemed a liability of the Indemnifying Party under this Article
        and
        the Indemnifying Party shall pay the amount of such Damages to the Indemnified
        Party on demand. If the Indemnifying Party has timely disputed its liability
        or
        the amount of its liability with respect to such claim, the Indemnifying
        Party
        and the Indemnified Party shall proceed in good faith to negotiate a resolution
        of such dispute; provided, however, that if the dispute is not resolved within
        thirty (30) days after the Claim Notice, the Indemnifying Party shall be
        entitled to institute such legal action as it deems appropriate.

      

      
        
          
          

        

        
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      (b)
        In
        the event any Indemnified Party should have a claim under this Article against
        the Indemnifying Party that does not involve a Third Party Claim, the
        Indemnified Party shall deliver a written notification of a claim for indemnity
        under this Article specifying the nature of and basis for such claim, together
        with the amount or, if not then reasonably ascertainable, the estimated amount,
        determined in good faith, of such claim (an “INDEMNITY NOTICE”) with reasonable
        promptness to the Indemnifying Party. The failure by any Indemnified Party
        to
        give the Indemnity Notice shall not impair such party’s rights hereunder except
        to the extent that the Indemnifying Party demonstrates that it has been
        irreparably prejudiced thereby. If the Indemnifying Party notifies the
        Indemnified Party that it does not dispute the claim or the amount of the
        claim
        described in such Indemnity Notice or fails to notify the Indemnified Party
        within the Dispute Period whether the Indemnifying Party disputes the claim
        or
        the amount of the claim described in such Indemnity Notice, the amount of
        Damages specified in the Indemnity Notice will be conclusively deemed a
        liability of the Indemnifying Party under this Article and the Indemnifying
        Party shall pay the amount of such Damages to the Indemnified Party on demand.
        If the Indemnifying Party has timely disputed its liability or the amount
        of its
        liability with respect to such claim, the Indemnifying Party and the Indemnified
        Party shall proceed in good faith to negotiate a resolution of such dispute;
        provided, however, that if the dispute is not resolved within thirty (30)
        days
        after the Claim Notice, the Indemnifying Party shall be entitled to institute
        such legal action as it deems appropriate.

      

      (c) The
        indemnity agreements contained herein shall be in addition to (i) any cause
        of
        action or similar rights of the Indemnified Party against the Indemnifying
        Party
        or others, and (ii) any liabilities the Indemnifying Party may be subject
        to.

      

      Section
        9.4 REIMBURSEMENT. If (i) any Investor, other than by reason of its gross
        negligence or willful misconduct, becomes involved in any capacity in any
        action, proceeding or investigation brought by any stockholder of the Company,
        in connection with or as a result of the consummation of the transactions
        contemplated by the Transaction Documents, or if such Investor is impleaded
        in
        any such action, proceeding or investigation by any Person, or (ii) any
        Investor, other than by reason of its gross negligence or willful misconduct
        or
        by reason of its trading of the Common Stock in a manner that is illegal
        under
        the federal securities laws, becomes involved in any capacity in any action,
        proceeding or investigation brought by the SEC (other than any action,
        proceeding or investigation in which the Investor is the primary target)
        against
        or involving the Company or in connection with or as a result of the
        consummation of the transactions contemplated by the Transaction Agreements,
        or
        if such Investor is impleaded in any such action, proceeding or investigation
        by
        any Person, then in any such case, the Company will reimburse such Investor
        for
        its reasonable legal and other expenses (including the cost of any investigation
        and preparation) incurred in connection therewith, as such expenses are
        incurred. In addition, other than with respect to any matter in which such
        Investor is a named party, the Company will pay such Investor the charges,
        as
        reasonably determined by such Investor, for the time of any officers or
        employees of such Investor devoted to appearing and preparing to appear as
        witnesses, assisting in preparation for hearings, trials or pretrial matters,
        or
        otherwise with respect to inquiries, hearing, trials, and other proceedings
        relating to the subject matter of this Agreement. The reimbursement obligations
        of the Company under this paragraph shall be in addition to any liability
        which
        the Company may otherwise have, shall extend upon the same terms and conditions
        to any Affiliates of the Investor who are actually named in such action,
        proceeding or investigation, and partners, directors, agents, employees and
        controlling persons (if any), as the case may be, of the Investor and any
        such
        Affiliate, and shall be binding upon and inure to the benefit of any successors,
        assigns, heirs and personal representatives of the Company, the Investor
        and any
        such Affiliate and any such Person. The Company also agrees that neither
        any
        Investor nor any such Affiliate, partners, directors, agents, employees or
        controlling persons shall have any liability to the Company or any person
        asserting claims on behalf of or in right of the Company in connection with
        or
        as a result of the consummation of the Transaction Agreements except to the
        extent that any losses, claims, damages, liabilities or expenses incurred
        by the
        Company result from the gross negligence or willful misconduct of such
        Investor.

      

      
        
          
          

        

        
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      ARTICLE
        X

      

      MISCELLANEOUS

      

      Section
        10.1 GOVERNING LAW; JURISDICTION. This Agreement shall be governed by and
        interpreted in accordance with the laws of the State of New York without
        regard
        to the principles of conflicts of law. Each of the Company and Investor hereby
        submit to the exclusive jurisdiction of the United States Federal and state
        courts located in New York with respect to any dispute arising under this
        Agreement, the agreements entered into in connection herewith or the
        transactions contemplated hereby or thereby. 

      

      Section
        10.2 JURY
        TRIAL WAIVER. The Company and the Investor hereby waive a trial by jury in
        any
        action, proceeding or counterclaim brought by either of the parties hereto
        against the other in respect of any matter arising out of or in connection
        with
        the Transaction Documents. 

       

      Section
        10.3 SPECIFIC
        ENFORCEMENT. The Company and the Investor acknowledge and agree that irreparable
        damage would occur to the Investor or the Company, as the case may be, in
        the
        event that any of the provisions of this Agreement were not performed in
        accordance with their specific terms or were otherwise breached. It is
        accordingly agreed that the Investor and the Company shall be entitled to
        an
        injunction or injunctions to prevent or cure breaches of the provisions of
        this
        Agreement and to enforce specifically the terms and provisions hereof or
        thereof, this being in addition to any other remedy to which any of them
        may be
        entitled by law or equity. 

       

      Section
        10.4 ASSIGNMENT. This Agreement shall be binding upon and inure to the benefit
        of the Company and Investor and their respective successors and permitted
        assigns. Neither this Agreement nor any rights of Investor or the Company
        hereunder may be assigned by either party to any other person. Notwithstanding
        the foregoing, (a) the provisions of this Agreement shall inure to the benefit
        of, and be enforceable by, any transferee of any of the Common Stock purchased
        or acquired by Investor hereunder with respect to the Common Stock held by
        such
        person, and (b) Investor’s interest in this Agreement may be assigned at any
        time, in whole but not in part, to any affiliate of Investor.

      

      
        
          
          

        

        
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      Section
        10.5 THIRD PARTY BENEFICIARIES. This Agreement is intended for the benefit
        of
        the Company and Investor and their respective successors and permitted assigns,
        and is not for the benefit of, nor may any provision hereof be enforced by,
        any
        other person. 

      

      Section
        10.6 TERMINATION. This Agreement shall terminate at the end of the Commitment
        Period or as otherwise provided herein (unless extended by the agreement
        of the
        Company and Investor); provided, however, that the provisions of Article
        VIII,
        IX and Sections 10.2, 10.3 and 10.4 shall survive the termination of this
        Agreement. 

      

      Section
        10.7 ENTIRE AGREEMENT; AMENDMENT; NO WAIVER. This Agreement and the instruments
        referenced herein contain the entire understanding of the Company and Investor
        with respect to the matters covered herein and therein and, except as
        specifically set forth herein or therein, neither the Company nor Investor
        makes
        any representation, warranty, covenant or undertaking with respect to such
        matters. No provision of this Agreement may be waived or amended other than
        by
        an instrument in writing signed by the party to be charged with enforcement.
        

      

      Section
        10.8 FEES AND EXPENSES. Except as otherwise provided in this Agreement or
        any of
        the Exhibits thereto, each of the Company and Investor agrees to pay its
        own
        expenses in connection with the preparation of this Agreement and performance
        of
        its obligations hereunder. The Company shall pay all stamp or other similar
        taxes and duties levied in connection with issuance of the Shares pursuant
        hereto.

      

      Section
        10.9 NO BROKERS. Each of the Company and Investor represents that it has
        had no
        dealings in connection with this transaction with any finder or broker who
        will
        demand payment of any fee or commission from the other party. The Company
        on the
        one hand, and Investor, on the other hand, each agree to indemnify the other
        against and hold the other harmless from any and all liabilities to any persons
        claiming brokerage commissions or finder’s fees on account of services purported
        to have been rendered on behalf of the indemnifying party in connection with
        this Agreement or the transactions contemplated hereby. 

      

      Section
        10.10 COUNTERPARTS. This Agreement may be executed in multiple counterparts,
        each of which shall be deemed to be an original instrument which shall be
        enforceable against the parties actually executing such counterparts and
        all of
        which together shall constitute one and the same instrument. This Agreement,
        once executed by a party, may be delivered to the other parties hereto by
        facsimile transmission of a copy of this Agreement bearing the signature
        of the
        parties so delivering this Agreement. 

      

      
        
          
          

        

        
          29

          
            

          

        

        
          
          

        

      

      Section
        10.11 SURVIVAL; SEVERABILITY. The representations, warranties, covenants
        and
        agreements of the Company hereto shall survive each Closing hereunder for
        a
        period of one (1) year thereafter. In the event that any provision of this
        Agreement becomes or is declared by a court of competent jurisdiction to
        be
        illegal, unenforceable or void, this Agreement shall continue in full force
        and
        effect without said provision; provided that such severability shall be
        ineffective if it materially changes the economic benefit of this Agreement
        to
        any party. 

      

      Section
        10.12 FURTHER ASSURANCES. Each party shall use commercially reasonable efforts
        to do and perform, or cause to be done and performed, all such further acts
        and
        things, and shall execute and deliver all such other agreements, certificates,
        instruments and documents, as the other party may reasonably request in order
        to
        carry out the intent and accomplish the purposes of this Agreement and the
        consummation of the transactions contemplated hereby. 

      

      Section
        10.13 NO STRICT CONSTRUCTION. The language used in this Agreement will be
        deemed
        to be the language chosen by the parties to express their mutual intent,
        and no
        rules of strict construction will be applied against any party. 

      

      Section
        10.14 TITLE AND SUBTITLES. The titles and subtitles used in this Agreement
        are
        used for the convenience of reference and are not to be considered in construing
        or interpreting this Agreement. 

      

      Section
        10.15 REPORTING ENTITY FOR THE COMMON STOCK. The reporting entity relied
        upon
        for the determination of the trading price of the Common Stock on any given
        Trading Day for the purposes of this Agreement shall be Bloomberg L.P. or
        any
        successor thereto. The written mutual consent of Investor and the Company
        shall
        be required to employ any other reporting entity. 

      

      Section
        10.16 PUBLICITY.
        The Company and Investor shall consult with each other in issuing any press
        releases or otherwise making public statements with respect to the transactions
        contemplated hereby and no party shall issue any such press release or otherwise
        make any such public statement without the prior written consent of the other
        parties, which consent shall not be unreasonably withheld or delayed, except
        that no prior consent shall be required if such disclosure is required by
        law,
        in which such case the disclosing party shall provide the other parties with
        prior notice of such public statement. Notwithstanding the foregoing, the
        Company shall not publicly disclose the name of Investor without the prior
        written consent of such Investor, except to the extent required by law. Investor
        acknowledges that this Agreement and all or part of the Transaction Documents
        may be deemed to be “material contracts” as that term is defined by Item
        601(b)(10) of Regulation S-K, and that the Company may therefore be required
        to
        file such documents as exhibits to reports or registration statements filed
        under the Securities Act or the Exchange Act. Investor further agrees that
        the
        status of such documents and materials as material contracts shall be determined
        solely by the Company, in consultation with its counsel.

      

      
        
          
          

        

        
          30

          
            

          

        

        
          
          

        

      

       

      IN
        WITNESS WHEREOF, the parties hereto have caused this Private Equity Credit
        Agreement to be executed by the undersigned, thereunto duly authorized, as
        of
        the date first set forth above.        

      

      MARKLAND
        TECHNOLOGIES, INC.

      

      

      

      By:____________________________________

      Name:
        Robert Tarini

      Title:
        President 

      

      

      BRITTANY
        CAPITAL MANAGEMENT LTD.

      

       

      By:____________________________________

      
        Name:
          

      

      Title:
        Director

      

      

      
        
          
          

        

        
          31

          
            

          

        

        
          
          

        

      

      

       

      EXHIBITS

      

      

      

      EXHIBIT
        A    Registration
        Rights Agreement

      

      EXHIBIT
        B    Put
        Notice

      

      EXHIBIT
        C    [INTENTIONALLY
        OMITTED]

      

      EXHIBIT
        D    Closing
        Certificate

      

      EXHIBIT
        E    Transfer
        Agent Instructions

      

      

      
32Unassociated Document

    Execution
      Copy

       

      REGISTRATION
        RIGHTS AGREEMENT

      

      This
        Registration Rights Agreement (“Agreement”),
        dated
        as of October 13, 2005, is made by and
        between MARKLAND
        TECHNOLOGIES, INC.,
        a
        Florida corporation (the “Company”),
        and
BRITTANY
        CAPITAL MANAGEMENT LTD., a Bahamian Corporation (the “Subscriber”).

      

      Recitals

      

      WHEREAS,
        upon the terms and subject to the conditions of the Private Equity Credit
        Agreement (“Purchase
        Agreement”)
        between the Subscriber and the Company, the Company may from time to time
        issue
        and sell
        to
        the Subscriber shares of the common stock
        of
        the Company (“Subscribed
        Shares”),
        $.0001 par value per share (the “Common
        Stock”)
        having
        an aggregate Purchase Price (as defined in the Purchase Agreement) of
up
        to
        Five Million Dollars ($5,000,000);
        and

      

      WHEREAS,
        to induce the Subscriber to execute and deliver the Purchase Agreement, the
        Company
        has agreed to provide certain registration rights under the Securities Act
        of
1933,
        as
        amended, and
        the
        rules and regulations thereunder, or any similar successor statute
        (collectively, “Securities
        Act”),
        and
applicable
        state securities laws with respect to the Subscribed Shares;

      

      NOW,
        THEREFORE, in consideration of the premises and the mutual covenants contained
        herein and
        other
        good and valuable consideration, the receipt and sufficiency of which are
        hereby
acknowledged,
        the Company and the Subscriber hereby agree as follows:

      

      1. Definitions.

      

      (a) As
        used
        in this Agreement, the following terns shall have the following
        meanings:

      

      (i) “Effective
        Date”
        shall
        mean the date on which the Registration Statement is declared effective by
        the
        SEC.

      

      (ii)
         “Potential
        Material Event”
        means
        any of the following: (a) the possession by the Company of
        material information not ripe for disclosure in a Registration Statement,
        which
        shall be evidenced by determination
        in good faith by the Board of Directors of the Company that disclosure of
        such
        information in the
        Registration Statement would be detrimental to the business and affairs
of
        the
        Company or (b) any material
        engagement or activity by the Company which would, in the good faith
        determination of
        the
        Board of
        Directors of the Company, be adversely affected by disclosure in the
        Registration Statement at
        such
        time, which
        determination shall be accompanied by a good faith determination by the Board
        of
        Directors of the Company
        that the Registration Statement would be materially misleading absent
        the inclusion of such information.

      

      (iii) “Registration
        Statement”
        shall
        have the meaning set forth in Section
        2(a).

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      (iv) “Registrable
        Securities”
        means
        (i) 10,000,000 shares of Common Stock issuable as Subscribed Shares and (ii)
        1,727,712 shares of Common Stock which may be issued to the Subscriber as
        Liquidated Damages Shares under Section
        5(a)
        hereof.

      

      (v)
         “Registration”
        refers
        to the registration effected by preparing
        and filing
        a
        Registration Statement and
        the
        declaration or ordering of effectiveness of the Registration Statement
        by the United
        States Securities and Exchange Commission (the “SEC”).

      

      (vi)
         “Subscriber”
        has the
        meaning set forth in the preamble to this Agreement.

      

      (vii) “Termination
        Date”
        shall
        mean the first anniversary of the Filing Date of the Registration
        Statement.

      

      (b) Capitalized
        terms used herein and not otherwise defined herein shall have the respective
        meanings
        set forth in the Purchase Agreement.

      

      2. Registration;
        Termination.

      

      (a)
         Filing
        of Registration
        Statement.
        The
        Company shall prepare and file with the SEC, no later than
        October 17, 2005 (the “Filing
        Date”),
        a
        registration statement
        on Form SB-2, or such other appropriate form, covering
        the Registrable Securities and such other shares of Common Stock the Company
        may, in its sole discretion, desire to include in such registration statement
        (the “Registration
        Statement”).

      

      (b)
         Termination.
        If the
        Registration Statement is
        not
        declared effective by the Termination
        Date, then the commitment contained in
        the
Purchase
        Agreement and in this Agreement shall terminate.

      

      3. Obligations
        of the Company.
        In
connection
        with the
        Registration Statement, the
        Company shall do the following:

      

      (a)
         Subject
        to Section
        2(b),
        use
        all
        diligent efforts to cause the Registration Statement
        to become effective on the earlier of (a) ten (10) Trading Days after
        notice from the SEC that the Company may request acceleration of effectiveness
        with respect to the Registration Statement or
        (b)
        November 30, 2005 (the “Effectiveness
        Date”),
        and
        once effective, to keep the Registration Statement
        effective at all times (except during suspensions in the effectiveness of
        the
        Registration Statement in connection with post-effective amendments or as
        otherwise required by the SEC) until the date that is one year after the
        completion of most recent Closing
        Date under the Purchase Agreement (the
        “Registration
        Period”);

      

      (b) Prepare
        and file with the SEC such amendments to
        the
        Registration Statement and such supplements the prospectus forming a part
        thereof as
        may be
        necessary to keep the Registration Statement effective at all times during
        the
        applicable Registration
        Period
        (except
        during suspensions in the effectiveness of the Registration Statement in
        connection with post-effective amendments or as otherwise required by the
        SEC)
        and,
        during the Registration Period, to comply with the provisions of the Securities
        Act with respect to the disposition of the Registrable Securities;

      

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      (c)
         Permit
        a
        single firm of counsel designated by Subscriber (initially,
        ______________, ATTN: ______________, Esq.) (the “Subscriber’s
        Counsel”) to
        review
        the Registration Statement
        (including any pre-effective amendments thereto) not less than one (1)
        Trading Day prior to the filing of the Registration Statement or such
        pre-effective amendment, as the case may be, with the SEC, and not file any
        document in a form to which Subscriber’s Counsel reasonably objects, the cost of
        which review will be the responsibility of Subscriber;

      

      (d)
         Notify
        Subscriber and Subscriber’s Counsel and
        (if
        requested by any such person) confirm such notice in writing no later
        than one (1) Business Day
        following the day (or, in
        the
        case of (i)(A)
        below,
        not less than one (1) Business Day prior to the day):
        (i)(A)
        when
        a prospectus or any prospectus supplement or post-effective amendment
        to the Registration Statement is proposed to be filed, (B)
        whenever the SEC notifies the Company
        whether there will be a “review” of the Registration Statement, (C)
        whenever the Company receives
        (or a representative of the Company receives on its behalf) any oral or written
        comments
        from the SEC
        in
        respect of the Registration Statement,
        and (D)
        with respect to the Registration Statement or any post-effective amendment
        thereto, when
        the
        same has been declared effective by the SEC; (ii) of any request by the SEC
        or
        any other Federal or state governmental authority
        for amendments
        or supplements to the Registration Statement or the prospectus or for additional
        information;
        (iii) of the issuance by the SEC of any stop order suspending the effectiveness
        of the Registration Statement
        or
        the
        initiation of any proceedings for
        that
        purpose; (iv)
        of
        the receipt by the Company of any notification with respect to
        the
        suspension of the qualification or exemption from qualification of any of
        the
        Registrable Securities for sale in
        any
        jurisdiction, or the initiation or threatening of any proceeding for such
        purpose; and (v) of the occurrence of
        any
        event that
        to
        the knowledge of the Company makes any statement made in the Registration
        Statement
        or the prospectus
        or any document incorporated or deemed to be incorporated therein by reference
        untrue
        in
        any material
        respect or that requires any revisions to the
        Registration
        Statement
        or the prospectus forming a part thereof in order that
        the
        Registration Statement or such prospectus 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, in the light of the circumstances
        under which they
        were
made,
        not
        misleading;

      

      (e)
         Furnish
        to Subscriber, (i) promptly after the same is prepared and publicly distributed,
        filed
        with
        the
        SEC, or received by the Company, one (1) copy of the
        Registration
        Statement, each preliminary
        prospectus
        and the prospectus, and each amendment or supplement thereto, and (ii) such
        number of copies of
        a
        prospectus, including a preliminary prospectus, and all amendments and
        supplements thereto,
        and such other documents as the Subscriber may reasonably request, in order
        to
        facilitate the disposition of the Registrable Securities owned by the
        Subscriber;

      

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      (f) Use
        reasonable efforts to (i) register and/or qualify the Registrable Securities
        under
        such other securities or blue sky laws of such jurisdictions as the Subscriber
        may
        reasonably request and in which significant volumes of shares of Common Stock
        are traded, (ii) prepare and file in those jurisdictions such amendments
        (including post-effective amendments) and supplements
        to any
        registration statement and/or qualifications as may be necessary to maintain
        the
        effectiveness thereof
        at all times during the Registration Period, (iii) take such other actions
        as
        may be necessary to maintain
        the registration and/or qualification in effect at all times during the
        Registration Period, and (iv) take all
        other
        actions reasonably necessary or advisable to qualify the Registrable Securities
        for sale in such jurisdictions;
        provided, however, that
        the
        Company shall not be required in connection therewith or as a condition
        thereto to (A) qualify to do business in any jurisdiction where it would
        not
        otherwise be required to
        qualify but for this Section
        3(f),
        (B)
        subject itself to general taxation in any such jurisdiction, (C) file a
general
        consent to service of process in any such jurisdiction, (D) provide any
        undertakings that cause more
        than
        nominal expense or burden to the Company or (E) make any change in its charter
        or by-laws or any
        then
        existing contracts, which in each case the Board of Directors of the Company
        determines to be contrary
        to the best interests of the Company and its stockholders;

      

      (g) As
        promptly as practicable after becoming aware of such event, notify the
        Subscriber of the
        happening of any event of which the Company has knowledge, as a result of
        which
        the prospectus included
        in the Registration Statement, as then in effect, includes any untrue statement
        of a material fact or omits
        to
        state a material fact required to be stated therein or necessary to make
        the
        statements therein, in the
        light
        of the circumstances under which they were made, not misleading (“Registration
        Default”),
        and
use
        all
        diligent efforts to promptly prepare a supplement to such prospectus or
        amendment to the Registration Statement or other
        appropriate filing with the SEC to correct such untrue statement or omission,
        and any other necessary steps to cure the Registration Default, and deliver
        a
        number of copies of such supplement or amendment to the
        Subscriber as the Subscriber may reasonably request;

      

      (h) As
        promptly as practicable after becoming aware of such event, notify the
        Subscriber (or, in the event of an underwritten offering, the managing
        underwriters) of the issuance by the SEC of any notice
        of
        effectiveness or
        any stop
        order or other suspension of the effectiveness of the Registration Statement
        at the earliest possible time;

      

      (i) Use
        its
        commercially reasonable efforts, if eligible, either to (i) cause all of
        the
        Registrable Securities
        to be listed on a national securities exchange and on each additional
        national securities exchange on which securities of the same class or series
        issued by the Company
        are then listed, if any, if the listing of the Registrable Securities is
        then
        permitted under the rules of
        such
        exchange, or (ii) secure designation of the Registrable Securities as
        a
“national market system security”within
        the meaning of Rule 11Aa2-1 under the Securities Exchange Act of 1934,
        as
        amended (the “Exchange
        Act”),
        and
        the quotation of the Registrable Securities on the Nasdaq Capital Market;
        or if,
        despite the Company’s commercially reasonable efforts to satisfy the preceding
        clause (i) or (ii);
        provided, however, that
        the
Subscriber
        acknowledges that the Company does not currently meet the requirements for
        listing on a national
        securities exchange or the Nasdaq Capital Market and that nothing in this
        Section
        shall be construed to require the Company to pursue such qualification until
        such time as the Company
        satisfies such requirements for a period of not less than forty-five (45)
        consecutive days; and

      

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      Notwithstanding
        the foregoing, if at any time or from time to time after the date of
        effectiveness of the Registration Statement, the Company notifies Subscriber
        in
        writing of the existence of a Potential Material Event (“Blackout
        Notice”),
        Subscriber
        shall
        not
        offer or sell any Registrable Securities, or engage in any other transaction
        involving or relating to the Registrable Securities, from the time of the
        giving
of
        notice
        with respect to a Potential Material Event until Subscriber
        receives
        written notice from the Company that
        such
        Potential Material Event either has been disclosed to the public or no longer
        constitutes a Potential
        Material Event.

      

      4. Obligations
        of the Subscriber.
        In
        connection with the Registration,
        the
        Subscriber shall have the following obligations:

      

      (a)
         It
        shall
        be a condition precedent to the obligations of the Company relating to the
        Registration
        hereunder that the Subscriber
        shall timely furnish to the Company such information regarding itself, the
        Registrable Securities held by it, and the intended method of disposition
        of the
        Registrable Securities, as shall be reasonably
        required to effect the Registration and shall timely execute such documents
        in connection with the Registration as the Company may reasonably
        request.

      

      (b)
         The
        Subscriber agrees to cooperate
        with the Company as reasonably requested by the Company in connection with
        the
        preparation and
        filing of the Registration Statement hereunder.

      

      (c)
         The
        Subscriber agrees that, upon receipt of any notice from
        the
        Company of the happening of
        any
        event of the kind described
        in
Section
        3(g)or 3(h),
        the
        Subscriber will immediately discontinue
        disposition of Registrable Securities pursuant to the Registration Statement
        until
        the
        Subscriber receives the copies of the supplemented or amended prospectus
        contemplated
        by Section
        3(g)
        or until
        the Subscriber receives notification from the Company that that any stop
        order
        or suspension in the effectiveness of the Registration Statement has been
        lifted, as applicable, and
        if so
        directed by the Company, the Subscriber shall deliver to the
        Company (at the expense of the Company) or destroy (and deliver to the Company
        a
        certificate of destruction)
        all copies in the Subscriber’s possession of the prospectus covering such
        Registrable Securities
        at the time of receipt of such notice.

      

      5. Liquidated
        Damages.

      

      (a) In
        the
        event the Registration
        Statement is not first declared effective on or before the Effectiveness
        Date
        (an “Event”),
        the
        Company shall incur liquidated damages in the amount of $50,000 per month
        (pro
        rata for any portion thereof) until the earlier of (i) the date on which
        the
        Registration Statement is first declared effective by the SEC or (ii) the
        Termination Date. Any such liquidated damages shall be payable monthly in
        arrears beginning on January 1, 2006 (the date any such liquidated damages
        shall
        become due, a “Payment
        Date,”
        and
        the amount due on any such Payment Date, a “Payment”).
        Any
        Payments shall be made in cash or, at the Company’s option, in the greatest
        whole number of shares of Common Stock obtained by dividing the applicable
        Payment by the Liquidated Damages Price (any such shares the “Liquidated
        Damages Shares”).
        For
        the purposes of this Section
        5,
        the
“Liquidated Damages Price” shall be a price per share of Common Stock equal to
        the lesser of (i) $0.04 and (ii) the average Bid Price for the five Trading
        Days
        immediately preceding the applicable Payment Date.

      

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

      (b) It
        is
        hereby acknowledged by the parties hereto that right to payment of liquidated
        damages set forth in this Section
        5
        shall
        supersede any and all similar rights arising from any other agreement of
        the
        Company relating to the subject matter hereto, including but not limited
        to that
        certain Agreement Relating to Certain Securities Issued by Markland
        Technologies, Inc. and Technest Holdings, Inc., dated October 4,
        2005.

      

      6. Expenses
        of Registration.
        All
        reasonable expenses incurred in connection with the Registration,
        filings or qualifications pursuant to Section
        3, including,
        without limitation, all Registration, listing,
        and qualifications fees, printers and accounting fees, the fees and
        disbursements of counsel for the Company
        shall be borne by the Company.

      

      7. Indemnification.
        After
        Registrable Securities are included in a Registration Statement
        under this Agreement:

      

      (a)
        To
        the
        extent permitted by law, the Company will indemnify and hold harmless, the
        Subscriber,
        the directors, if any, of such Subscriber, the officers, if any, of such
        Subscriber, and each person, if any,
        who
        controls the Subscriber within the meaning of the Securities Act or the Exchange
        Act (each, an “Indemnified
        Person”),
        against any losses, claims, damages, liabilities or expenses (joint or several)
        incurred (collectively,
        “Claims”)
        to
        which any of them may become subject under the Securities Act, the Exchange
        Act
        or otherwise, insofar as such Claims (or actions or proceedings, whether
        commenced or threatened, in respect
        thereof) arise out of or are based upon: (i) any untrue statement or alleged
        untrue statement of a material
        fact contained in the Registration Statement or any post-effective amendment
        thereof or the omission
        or alleged omission to state therein a material fact required
        to be
        stated therein or necessary to make
        the
        statements therein not misleading, (ii) any untrue statement or alleged untrue
        statement of a material
        fact contained in any preliminary prospectus if used prior to the effective
        date
        of the Registration
        Statement, or contained in the final prospectus (as amended or supplemented,
        if
        the Company files
        any
        amendment thereof or supplement thereto with the SEC) or the omission or
        alleged
        omission to state
        therein any material fact necessary to make the statements made therein,
        in the
        light of the circumstances
        under which the statements therein were made, not misleading or (iii) any
        violation or alleged violation
        by the Company of the Securities Act, the Exchange Act, any state securities
        law
        or any rule or regulation
        under the Securities Act, the Exchange Act or any state securities law (the
        matters in the foregoing
        clauses
        (i) through (iii)
        being
        collectively referred to as “Violations”).
        The
        Company shall reimburse
        the Subscriber, promptly as such expenses are incurred and are due and payable,
        for any reasonable
        legal fees or other reasonable expenses incurred by them in connection with
        investigating or defending
        any such Claim. Notwithstanding anything to the contrary contained herein,
        the
        indemnification agreement
        contained in this Section
        7(a)
        shall
        not (i) apply to any Claims arising out of or based upon (A) a Violation
        which occurs in reliance upon and in conformity with information furnished
        in
        writing to the Company
        by or on behalf of any Indemnified Person expressly for use in connection
        with
        the preparation of the
        Registration Statement or any such amendment thereof or supplement thereto
        or
        (B) any
        untrue statement or omission of a material fact in any prospectus that is
        corrected in any subsequent prospectus or prospectus supplement that was
        delivered to the Subscriber before the pertinent sale or sales by the
        Subscriber;
        or (ii)
        with respect to any preliminary prospectus,
        inure to the benefit of any person from whom the person asserting any such
        Claim
purchased
        the Registrable Securities that are the subject thereof (or to the benefit
        of
        any person controlling such
        person).
        The
        Subscriber
        will indemnify the Company, its officers, directors and agents (including
        legal
        counsel) against any
        claims arising out of or based upon a Violation which occurs in reliance
        upon
        and in conformity with information furnished in writing to the Company, by
        or on
        behalf of such Subscriber, expressly for use in connection with the preparation
        of the Registration Statement, subject to such limitations
        and
        conditions set forth
        in
        the previous sentence. Such indemnity shall remain in full force and effect
        regardless of any investigation made by or on behalf of the Indemnified Person
        or Indemnified Party.

      

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

      (b)
        Promptly
        after receipt by an Indemnified Person under this Section
        7
        of
        notice of the commencement of any action (including any governmental action),
        such Indemnified Person
        shall, if a Claim
        in
        respect thereof is to be made against
        any
        indemnifying party under this Section 7,
        deliver
        to the indemnifying
        party a written notice of the commencement thereof and the indemnifying party
        shall have the right
        to
        participate in, and, to the extent the indemnifying party
        so
        desires, jointly with any other indemnifying
        party similarly noticed, to assume control of the defense
        thereof with counsel mutually satisfactory
        to the indemnifying party and the Indemnified Person, as the case may be;
        provided, however, that
        an
        Indemnified Person shall have the right to retain its own counsel with
        the
        reasonable fees and expenses
        to be paid by the indemnifying party, if, in the reasonable opinion of
        counsel retained by the indemnifying
        party, the representation by such counsel of the Indemnified Person and the
        indemnifying
        party would
        be
        inappropriate due to actual or potential differing interests between such
        Indemnified
        Person and any
        other
        party represented by such counsel in such proceeding. In such event, the
        Company
        shall pay for only one separate legal counsel for the Subscriber, which counsel
        shall be selected by the Subscriber (subject to the approval of the Company,
        which shall not be unreasonably withheld). The
        failure to deliver written notice
        to
        the indemnifying party within a reasonable time of the commencement of any
        such
        action shall
        not
relieve
        such indemnifying party of any liability to the Indemnified Person under
        this
Section
        7,
        except
        to the extent
        that the indemnifying party is prejudiced in its ability to defend such
        action. The indemnification required
        by this Section
        7
        shall be
        made by periodic payments of the amount thereof during the course of the
        investigation or defense, as such expense, loss, damage or liability is incurred
        and
        is
        due and payable.

      

      8.
         Contribution.
        To
        the
        extent any indemnification by an indemnifying party is
        prohibited
        or limited by law, the indemnifying
        party
        agrees to make the maximum contribution with respect to any amounts for which
        it
        would otherwise be liable
        under
Section
        7
        to the
        fullest extent permitted by
        law;
provided, however, that
        (a)
        no contribution shall be made with respect to Claims for which there is no
        indemnification obligation under Section
        7;
        (b) no
        seller of Registrable Securities guilty of fraudulent misrepresentation (within
        the
        meaning of Section 11(f) of the Securities Act) shall be entitled to
        contribution from any seller of Registrable Securities
        who was not guilty of
        such
        fraudulent misrepresentation; and (c) contribution by any seller of Registrable
        Securities shall be limited in amount to the net amount of proceeds received
        by
        such seller from the sale of such Registrable Securities.

      

      9.
         Reports
        under Exchange Act.
        With a
        view to making available to the Subscriber
        the
        benefits
        of Rule 144 promulgated under the Securities Act or any
        other
        similar rule or regulation of the SEC that
        may
        at any time permit the Investor to sell securities of the Company to the
        public
        without registration under the Securities Act (“Rule
        144”),
        the
        Company agrees to use its reasonable best efforts to:

      

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

      (a) make
        and
        keep public information
        available, as those terms are understood and defined
        in Rule 144;

      

      (b) file
        with
        the SEC in a timely manner
        all
        reports and other documents required of the Company
        Under the Exchange Act;

      

      (c)
         furnish
        to the Subscriber
        so
        long
        as the Subscriber
        owns
        Registrable Securities, promptly upon request, (i) a written statement by
        the
        Company that it has complied with the reporting requirements
        of Rule 144, the Securities Act and the Exchange Act, (ii) a copy of the
        most
        recent annual or quarterly
        report of the Company and such other reports and documents so filed by the
        Company solely if unavailable
        by Edgar, and (iii) such other information as may be reasonably requested
        to
        permit the Subscriber
        to
        sell
        such securities pursuant to Rule 144; and

      

      (d)
         at
        the
        request of
        the
        Subscriber, give its Transfer Agent irrevocable
        instructions (supported by an opinion of Company counsel, if required or
        requested by the Transfer
        Agent) to the effect that, upon the Transfer Agent’s receipt from such
        Subscriber of:

      

      (i)
        a
        certificate (a “Rule
        144 Certificate”)
        certifying (A) that such Subscriber
        has
        held
        the shares of Registrable
        Securities which the Subscriber
        proposes
        to sell (the “Securities Being Sold”) for a period of not less than (1) year and
        (B) as to such other matters as may be appropriate in accordance with
Rule
        144
        under the Securities Act, and

      

      (ii)
        an
        opinion of counsel acceptable to the Company (for which purposes it is agreed
        that the Subscriber’s
        counsel shall be deemed acceptable if such opinion is not given by Company’s
        counsel) that,
        based o n t he Rule 144 Certificate, Securities Being Sold may be sold pursuant
        to the provisions
        of Rule 144, even in the absence of an effective registration statement covering
        the Securities Being Sold,

      

      the
        Transfer Agent is to effect the transfer of the Securities Being Sold and
        issue
        to the buyer(s) or transferee(s)
        thereof one or more stock certificates representing the transferred Securities
        Being Sold without
        any restrictive legend and without recording any restrictions on the
        transferability of such shares on the Transfer Agent’s books and records (except
        to the extent any such legend or restriction results from facts other than
        the
        identity of the Subscriber,
        as the
        seller or transferor thereof, or the status, including any relevant legends
        or
        restrictions, of the shares of the Securities Being Sold while held by the
        Subscriber).
        If the
Transfer
        Agent
        requires any additional documentation at the time of the transfer, the Company
        shall deliver or
        cause
        to be delivered all such reasonable additional documentation as may be necessary
        to effectuate the issuance
        of an unlegended certificate.

      

      10. Miscellaneous.

       

      (a)
         Registered
        Owners.
        A
        person or entity is deemed to be a holder of Registrable Securities whenever
        such person or entity owns of record such Registrable
        Securities. If the Company receives conflicting
        instructions, notices or elections from two or more persons or entities with
        respect to the same Registrable
        Securities, the Company shall act upon the basis of instructions, notice
        or
        election received from
        the
        registered owner of such Registrable Securities.

      

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

      (b)
         Rights
        Cumulative; Waivers.
        The
        rights of each of the parties under this Agreement are cumulative.
        The rights of each of the parties hereunder shall not be capable of being
        waived
        or varied other than
        by
        an express waiver or variation in writing. Any failure to exercise or any
        delay
        in exercising any of such
        rights shall not operate as a waiver or variation of that or any other such
        right. Any defective or partial exercise
        of any of such rights shall not preclude any other or further exercise of
        that
        or any other such tight. No
        act or
        course of conduct or negotiation on the part of any party shall in any way
        preclude such party from
        exercising any such right or constitute a suspension or any variation of
        any
        such right.

      

      (c)
         Benefit;
        Successors Bound.
        This
        Agreement and the terms, covenants, conditions, provisions,
        obligations, undertakings, rights, and benefits hereof,
        shall
        be binding upon, and shall inure to the
        benefit of, the undersigned parties and their heirs, executors, administrators,
        representatives, successors,
        and permitted assigns.

      

      (d)
         Entire
        Agreement.
        This
        Agreement contains the entire agreement between the parties with respect
        to the subject matter hereof. There are no promises, agreements, conditions,
        undertakings, understandings,
        warranties, covenants or representations, oral or written, express or implied,
        between them with
        respect to this Agreement or the matters described in this Agreement, except
        as
        set forth in this Agreement
        and in the other documentation relating to the transactions contemplated
        by this
        Agreement. Any
        such
        negotiations, promises, or understandings shall not be used to
        interpret or constitute this Agreement.

      

      (e)
         Amendment.
        Any
        provision of this Agreement may be amended and the observance thereof
        maybe waived (either generally or in a particular instance and either
        retroactively or prospectively) only
        with
        the written consent of the Company and Subscriber. Any amendment or waiver
        effected in accordance
        with this Section
        10
        shall be
        binding upon the Company and any subsequent transferees.

      

      (f)
         Severability.
        Each
        part of this Agreement is intended to be severable. In the event that any
        provision
        of this Agreement is found by any court or other authority
        of
        competent jurisdiction to be illegal or
        unenforceable, such provision shall be severed or modified to the extent
        necessary to render it enforceable
        and as so severed or modified, this Agreement shall continue in full force
        and
        effect.

      

      (g)
         Notices.
        Notices
        required or permitted to be given hereunder
        shall be
        in writing and shall be
        deemed
        to be sufficiently given when personally delivered (by hand, by courier,
        by
        telephone line facsimile
        transmission, receipt confirmed, or other means) or sent by certified mail,
        return receipt requested, properly
        addressed and with proper postage pre-paid (i) if to the Company, at its
        executive office and (ii) if to
        the
        Subscriber, at the address set forth under its name in the Purchase Agreement,
        with a copy to its designated
        attorney, or at such other address as each such party furnishes by notice
        given
        in accordance with
        this
Section
        10(g),
        and
        shall
        be effective, when personally delivered, upon receipt and, when so sent by
        certified
        mail, five (5) business days after deposit with the United States Postal
        Service.

      

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

      (h) Assignment.
        Neither
        party may assign any of the rights and obligations hereunder without the
        express
        written consent of the other party.

      

      (i)
         Governing
        Law.
        This
        Agreement shall be governed by the interpreted in accordance with the laws
        of
        the State of New York without reference to its conflicts of laws
        rules or
        principles. Each of the parties
        consents to the exclusive jurisdiction of the federal courts of the State
        of New
        York in connection with
        any
        dispute arising under this Agreement and hereby waives, to the maximum extent
        permitted by law, any
        objection, including any objection based on forum
        non coveniens, to
        the
        bringing of any such proceeding in such jurisdictions.

      

      (j)
         Further
        Assurances.
        In
        addition to the instruments and documents to be made, executed and
        delivered pursuant to this Agreement, the parties hereto agree to make,
        execute
        and deliver or cause to be
        made,
        executed and delivered, to the requesting party such other instruments and
        to
        take such other actions
        as the requesting party may reasonably require to carry out the terms of
        this
        Agreement and the transactions
        contemplated hereby.

      

      (k) Section
        Headings.
        The
        Section headings in this Agreement are for reference purposes only and
        shall
        not affect in any way the meaning or interpretation of this
        Agreement.

      

      (l)
         Construction.
        Unless
        the context otherwise requires, when used herein, the singular shall
be
        deemed
        to include the plural, the plural shall be deemed to include each of the
        singular, and pronouns of one
        or no
        gender shall be deemed to include the equivalent pronoun of the other or
        no
        gender.

      

      (m)
         Execution
        in Counterparts.
        This
        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 agreement. This
        Agreement, once executed by a party, may be delivered to the other party
        hereto
        by telephone line facsimile
        transmission of a copy of this Agreement bearing the signature of the party
        so
        delivering this Agreement.
        A facsimile transmission of this signed Agreement shall be legal and binding
        on
        all parties hereto.

       

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the parties have caused this Agreement to be duly executed
        by
        their respective officers thereunto duly authorized as of the day and year
        first
        above written.

      

      COMPANY:

      

      MARKLAND
        TECHNOLOGIES, INC.

      

      By:
        ___________________________

      Name:_________________________

      Title:__________________________

      

      

      SUBSCRIBER:

      

      BRITTANY
        CAPITAL MANAGEMENT LIMITED

      

      

      By:
        __________________________

      Name:

      Title:
        Director

       

       

      11

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