Document:

WARRANT

    

    THE
      WARRANT EVIDENCED OR CONSTITUTED HEREBY, AND ALL SHARES OF COMMON STOCK
      DELIVERABLE UPON EXERCISE HEREUNDER, HAVE BEEN AND WILL BE ISSUED WITHOUT
      REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”)
      AND
      MAY NOT BE SOLD, OFFERED FOR SALE, TRANSFERRED, PLEDGED OR HYPOTHECATED WITHOUT
      REGISTRATION UNDER THE ACT UNLESS EITHER (A) THE COMPANY HAS RECEIVED AN OPINION
      OF COUNSEL, IN FORM AND SUBSTANCE REASONABLY SATISFACTORY TO THE COMPANY, TO
      THE
      EFFECT THAT REGISTRATION IS NOT REQUIRED IN CONNECTION WITH SUCH DISPOSITION
      OR
      (B) THE SALE OF SUCH SECURITIES IS MADE PURSUANT TO SECURITIES AND EXCHANGE
      COMMISSION RULE 144.

    

    Date: July
      20,
      2007

    

    WARRANT
      TO PURCHASE COMMON STOCK

    

    OF

    

    QUEST
      GROUP INTERNATIONAL, INC.

    

    (Subject
      to Adjustment)

    

    

    

    THIS
      CERTIFIES THAT, for value received, Investor Media Group (“Holder”),
      is
      entitled, subject to the terms and conditions of this Warrant, at any time
      or
      from time to time after the date hereof (the “Effective
      Date”),
      to
      purchase up to 100,000 shares of common stock, par value $0.001 per share (the
      “Common
      Stock”),
      from
      Quest Group International, Inc., a Nevada corporation (the “Company”),
      at an
      exercise price per share equal to the price listed in the attached Exhibit
      1
      (the
“Purchase
      Price”),
      subject to the terms and conditions therein. This Warrant shall expire on July
      18, 2012 at 5:00 P.M. Pacific Daylight Time (the “Expiration
      Date”).
      Both
      the number of shares of Common Stock purchasable upon exercise of this Warrant
      (the “Warrant
      Shares”)
      and
      the Purchase Price are subject to adjustment and change as provided herein.
      This
      Warrant is issued in connection with that certain Investor Media Group (a
      division of Protect-A-Life Inc.) Consulting Agreement with Quest Group
      International, Inc., as amended, by and between the Company and
      Holder.

    

    1. CERTAIN
      DEFINITIONS.
      As used
      in this Warrant the following terms shall have the following respective
      meanings:

    

    “Act”
shall
      mean the Securities Act of 1933, as amended.

    

    “Assignment”
shall
      have the meaning as set forth in Section
      7.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    “Common
      Stock”
shall
      mean the Common Stock of the Company and any other securities at any time
      receivable or issuable upon exercise of this Warrant.

    

    “Company”
shall
      mean Quest Group International, Inc., a Nevada corporation.

    

    “Covered
      Securities”
shall
      have the meaning as set forth in Section
      10.
      

    

    “Effective
      Date”
shall
      mean July 20, 2007.

    

    “Election”
shall
      have the meaning as set forth in Section
      2.1(c).

    

    “Exercise
      Amount”
shall
      have the meaning as set forth in Section
      2.1(b).

    

    “Expiration
      Date”
shall
      mean July 18, 2012 at 5:00 P.M., Pacific Daylight Time. 

    

    “Fair
      Market Value”
or
      “FMV”
of
      a
      share of Common Stock as of a particular date shall mean:

    

    (a) If
      traded
      on a securities exchange, the Nasdaq National Market or the Nasdaq Small Cap
      Market, the Fair Market Value shall be deemed to be the average of the closing
      prices of the Common Stock of the Company on such exchange or market over the
      five (5) business days ending immediately prior to the applicable date of
      valuation;

    

    (b) If
      actively traded over-the-counter, the Fair Market Value shall be deemed to
      be
      the average of the closing bid prices over the 14-day period ending immediately
      prior to the applicable date of valuation; and

    

    (c) If
      there
      is no active public market, the Fair Market Value shall be the value as
      determined in good faith by the Company’s Board of Directors upon a review of
      relevant factors, including due consideration of the registered holders’
determination of the value of the Company.

    

    “Notice
      of Exercise”
shall
      have the meaning set forth in Section
      2.1
      herein.

    

    “Purchase
      Price”
means
      the exercise price of the Warrant Shares, as listed in Exhibit
      1,
      attached hereto.

    

    “SEC”
shall
      mean the Securities and Exchange Commission.

    

    2. EXERCISE
      OF WARRANT

    

    2.1 Payment.
      Subject
      to compliance with the terms and conditions of this Warrant and applicable
      securities laws, this Warrant may be exercised, in whole or in part at any
      time
      or from time to time, on or before the Expiration Date by the delivery
      (including, without limitation, delivery by facsimile) of the form of Notice
      of
      Exercise attached hereto as Exhibit 2
      (the
“Notice
      of Exercise”),
      duly
      executed by the Holder, at the address of the Company as set forth herein,
      and
      as soon as practicable after such date,

     

    
      
        
        

      

      
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    (a) surrendering
      this Warrant at the address of the Company, and either

    

    (b) providing
      payment, by check or by wire transfer, of an amount equal to the product
      obtained by multiplying the number of shares of Common Stock being purchased
      upon such exercise by the then effective Purchase Price (the “Exercise
      Amount”),
      or

    

    (c) electing,
      by written notice to the Company on the Notice of Exercise duly executed by
      the
      Holder, to receive a number of Warrant Shares, determined in accordance with
      the
      formula set forth below (the “Election”),
      in
      which event the Company shall issue to the Holder a number of Warrant Shares
      computed using the following formula: 

    

    X=
      Y(A-B)

    A

    

    
      	Where
              X =	
              The
                number of Warrant Shares to be issued to the Holder upon an
                Election.

            

    

    

    
      	 	
              Y
                =
                

            	
              The
                number of Warrant Shares in respect of which this Warrant is being
                exercised as adjusted to the date of the
                Election.

            

    

    

    
      	 	
              A
                =

            	
              The
                FMV of one Warrant Share on the date that the relevant Notice of
                Exercise
                is received by the Company.

            

    

    

    
      	 	
              B
                =

            	
              The
                Purchase Price (as adjusted to the date of the Election) in accordance
                with Section
                4
                hereof.

            

    

    

    2.2 Common
      Stock Certificates; Fractional Shares.
      As soon
      as practicable on or after the date of an exercise of this Warrant, the Company
      shall deliver to the person or persons entitled to receive the same a
      certificate or certificates for the number of whole shares of Common Stock
      issuable upon such exercise. No fractional shares or scrip representing
      fractional shares of Common Stock shall be issued upon an exercise of this
      Warrant.

    

    2.3 Partial
      Exercise: Effective Date of Exercise.
      In case
      of any partial exercise of this Warrant, the Holder and the Company shall cancel
      this Warrant upon surrender hereof and shall execute and deliver a new Warrant
      of like tenor and date for the balance of the shares of Common Stock purchasable
      hereunder. This Warrant shall be deemed to have been exercised immediately
      prior
      to the close of business on the date of its surrender for exercise as provided
      above. The Company acknowledges that the person entitled to receive the shares
      of Common Stock issuable upon exercise of this Warrant shall be treated for
      all
      purposes as the holder of record of such shares as of the close of business
      on
      the date the Holder is deemed to have exercised this Warrant.

    

    3. TAXES.
      The
      Company shall pay all taxes and other governmental charges that may be imposed
      in respect of the delivery of shares upon exercise of this Warrant; provided,
      however,
      that
      the Company shall not be required to pay any tax or other charge imposed in
      connection with any transfer involved in the delivery of any certificate for
      shares of Common Stock in any name other than that of the Holder of this
      Warrant, and in such case the Company shall not be required to deliver any
      stock
      certificate until such tax or other charge has been paid, or it has been
      established to the Company’s reasonable satisfaction that no tax or other charge
      is due.

     

    
      
        
        

      

      
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    4. ADJUSTMENT
      OF PURCHASE PRICE AND NUMBER OF COMMON STOCK.
      The
      number of shares of Common Stock deliverable upon exercise of this Warrant
      (or
      any shares of stock or other securities or property receivable upon exercise
      of
      this Warrant) and the Purchase Price are subject to adjustment upon occurrence
      of the following:

    

    4.1 Adjustment
      for Stock Splits, Stock Subdivisions or Combinations of Shares of Common
      Stock.
      The
      Purchase Price of this Warrant shall be proportionally decreased and the number
      of shares of Common Stock deliverable upon exercise of this Warrant (or any
      shares of stock or other securities at the time deliverable upon exercise of
      this Warrant) shall be proportionally increased to reflect any stock split
      or
      subdivision of the Company’s Common Stock. The Purchase Price of this Warrant
      shall be proportionally increased and the number of shares of Common Stock
      deliverable upon exercise of this Warrant (or any shares of stock or other
      securities at the time deliverable upon exercise of this Warrant) shall be
      proportionally decreased to reflect any combination of the Company’s Common
      Stock.

    

    4.2 Adjustment
      for Dividends or Distributions of Stock or Other Securities or
      Property.
      In case
      the Company shall make or issue, or shall fix a record date for the
      determination of eligible holders entitled to receive, a dividend or other
      distribution with respect to the Common Stock (or any shares of stock or other
      securities at the time issuable upon exercise of the Warrant) payable in (a)
      securities of the Company or (b) assets (excluding cash dividends paid or
      payable solely out of retained earnings), then, in each such case, the
      registered holder of this Warrant on exercise hereof at any time after the
      consummation, effective date or record date of such dividend or other
      distribution, shall receive, in addition to the shares of Common Stock (or
      such
      other stock or securities) issuable on such exercise prior to such date, and
      without the payment of additional consideration therefor, the securities or
      such
      other assets of the Company to which such Holder would have been entitled upon
      such date if such Holder had exercised this Warrant immediately prior to such
      making, issuance or record date.

    

    4.3 Reclassification,
      Conversion.
      If the
      Company, by reclassification or conversion of securities or otherwise, shall
      change any of the securities as to which purchase rights under this Warrant
      exist into the same or a different number of securities of any other class
      or
      classes, this Warrant shall thereafter represent the right to acquire such
      number and kind of securities as would have been issuable if this Warrant had
      been exercised immediately prior to such reclassification or conversion or
      other
      change and the Purchase Price therefore shall be appropriately adjusted, all
      subject to further adjustment as provided in this Section
      4.
      

    

    4.4 Adjustment
      for Capital Reorganization. Merger or Consolidation.
      In case
      of any capital reorganization of the capital stock of the Company (other than
      a
      combination, reclassification, exchange or subdivision of shares otherwise
      provided for herein), or any merger or consolidation of the Company with or
      into
      another corporation, or the sale of all or substantially all the assets of
      the
      Company then, and in each such case, as a part of such reorganization, merger,
      consolidation, sale or transfer, lawful provision shall be made so that the
      Holder of this Warrant shall thereafter be entitled to receive upon exercise
      of
      this Warrant, during the period specified herein and upon payment of the
      Purchase Price then in effect, the number of shares of stock or other securities
      or property of the successor corporation resulting from such reorganization,
      merger, consolidation, sale or transfer that a holder of the shares deliverable
      upon exercise of this Warrant would have been entitled to receive in such
      reorganization, consolidation, merger, sale or transfer if this Warrant had
      been
      exercised immediately before such reorganization, merger, consolidation, sale
      or
      transfer, all subject to further adjustment as provided in this Section
      4.
      The
      foregoing provisions of this Section
      4.4
      shall
      similarly apply to successive reorganizations, consolidations, mergers, sales
      and transfers and to the stock or securities of any other corporation that
      are
      at the time receivable upon the exercise of this Warrant. If the per-share
      consideration payable to the Holder hereof for shares in connection with any
      such transaction is in a form other than cash or marketable securities, then
      the
      value of such consideration shall be determined in good faith by the Company’s
      Board of Directors. In all events, appropriate adjustment (as determined in
      good
      faith by the Company’s Board of Directors) shall be made in the application of
      the provisions of this Warrant with respect to the rights and interests of
      the
      Holder after the transaction, to the end that the provisions of this Warrant
      shall be applicable after that event, as near as reasonably may be, in relation
      to any shares or other property deliverable after that event upon exercise
      of
      this Warrant.

     

    
      
        
        

      

      
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    5. LOSS
      OR MUTILATION.
      Upon
      receipt of evidence reasonably satisfactory the Company of the ownership of
      and
      the loss, theft, destruction or mutilation of this Warrant, and of indemnity
      reasonably satisfactory to him, and (in the case of mutilation) upon surrender
      and cancellation of this Warrant, the Company will cause to be executed and
      delivered in lieu thereof a new Warrant of like tenor as the lost, stolen,
      destroyed or mutilated Warrant.

    

    6. REPRESENTATION
      AND COVENANT.
      The
      Company hereby covenants that all shares issuable upon exercise of this Warrant,
      when delivered upon such exercise, shall be validly issued, fully paid and
      nonassessable and free and clear of all liens, security interests, charges
      and
      other encumbrances or restrictions on sale and free and clear of all preemptive
      rights, except encumbrances or restrictions arising under federal or state
      securities laws. Further, the Company hereby covenants to reserve such number
      of
      authorized but unissued shares of Common Stock as needed for issuance upon
      exercise of this Warrant.

    

    7. TRANSFER.
      This
      Warrant may not be transferred by the Holder without the prior written consent
      of the Company, which consent may not be unreasonably withheld, unless such
      transfer is to (i) any principal, shareholder, director or officer of any such
      entity, (ii) to any spouse, ancestor, descendant of any person referred to
      in
      clause (i), or (iii) any trust established for the benefit of any person
      referred to in clause (i) or clause (ii), or (iv) any person or entity
      controlling, controlled by or under common control with Holder. In the event
      of
      a transfer to which the Company has previously consented in writing, this
      Warrant and all rights hereunder may be transferred by the Holder upon delivery
      of the form of Assignment attached hereto as Exhibit
      3
      (the
“Assignment”),
      duly
      executed by the Holder, surrender of this Warrant properly endorsed at the
      address of the Company and payment of any necessary transfer tax or other
      governmental charge imposed upon such transfer. Upon any partial transfer,
      the
      Holder and Company will cause to be issued and delivered to the Holder a new
      Warrant or Warrants with respect to the portion of this Warrant not so
      transferred. Each taker and holder of this Warrant, by taking or holding the
      same, consents and agrees that when this Warrant shall have been so endorsed,
      the person in possession of this Warrant may be treated by the Company, and
      all
      other persons dealing with this Warrant, as the absolute owner hereof for any
      purpose and as the person entitled to exercise the rights represented hereby,
      any notice to the contrary notwithstanding; provided, however that until a
      transfer of this Warrant is duly registered on the books of the Company, the
      Company may treat the Holder hereof as the owner for all purposes. 

     

    
      
        
        

      

      
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    8. REGISTRATION.
      All
      shares of Common Stock issuable hereunder shall be entitled to the same
      registration rights as those offered in any offerings by the Company after
      July
      2, 2007 (“Subsequent
      Offering”),
      subject to the grant of any prior registration rights and customary
      underwriter’s cutbacks. The Company shall register the Common Stock issued or
      issuable upon exercise hereof under the Act concurrently with the registration
      of the securities issued in Subsequent Offering.

    

    9. RESTRICTIONS
      ON TRANSFER.
      The
      Holder, by acceptance hereof, agrees that, absent an effective registration
      statement filed with the SEC under the Act, covering the disposition or sale
      of
      this Warrant or the Common Stock issued or issuable upon exercise hereof or
      the
      Common Stock issuable upon conversion thereof, as the case may be, and
      registration or qualification under applicable state securities laws, such
      Holder will not sell, transfer, pledge, or hypothecate any or all such Warrants
      or Common Stock, as the case may be, unless either (i) the Company has received
      an opinion of counsel, in form and substance reasonably satisfactory to the
      Company, to the effect that such registration is not required in connection
      with
      such disposition or (ii) the sale of such securities is made pursuant to SEC
      Rule 144.

    

    10. LOCK-UP.
      The
      securities underlying this Warrant shall be subject to a lock up until January
      11, 2009, and the Holder, by acceptance hereof, agrees that it will
      not
      sell, transfer, assign, pledge or hypothecate this Warrant or the Common Stock
      issued or issuable upon exercise hereof or the Common Stock issuable upon
      conversion thereof, as the case may be (collectively, the “Covered
      Securities”),
      unless it is to an individual, entity or charity that agrees to be subject
      to
      the terms and conditions of this lock-up. In addition, the Covered Securities
      shall not be the subject of any hedging, short sale, derivative, put, or call
      transactions that would result in the effective economic disposition of the
      Covered Securities by any person. This Section
      10
      shall
      also apply (i) to all Covered Securities that the Holder may receive as a
      stock dividend or other distribution on the Covered Securities and (ii) to
      all other securities of the Company that the Holder may receive in a
      recapitalization or similar transaction in exchange for Covered Securities
      acquired by the Holder.

    

    11. COMPLIANCE
      WITH SECURITIES LAWS.
      By
      acceptance of this Warrant, the Holder hereby represents, warrants and covenants
      that he/she/it is an “accredited
      investor”
as
      that
      term is defined under Rule 501 of Regulation D, that any shares of stock
      purchased upon exercise of this Warrant or acquired upon conversion thereof
      shall be acquired for investment only and not with a view to, or for sale in
      connection with, any distribution thereof, that the Holder has had such
      opportunity as such Holder has deemed adequate to obtain from representatives
      of
      the Company such information as is necessary to permit the Holder to evaluate
      the merits and risks of its investment in the Company; that the Holder is able
      to bear the economic risk of holding such shares as may be acquired pursuant
      to
      the exercise of this Warrant for an indefinite period; that the Holder
      understands that the shares of stock acquired pursuant to the exercise of this
      Warrant or acquired upon conversion thereof will not be registered under the
      Act
      (unless otherwise required pursuant to exercise by the Holder of the
      registration rights, if any, previously granted to the Holder) and will be
      “restricted
      securities”
within
      the meaning of Rule 144 under the Act and that the exemption from registration
      under Rule 144 will not be available for at least one year from the date of
      exercise of this Warrant, and even then will not be available unless a public
      market then exists for the stock, adequate information concerning the Company
      is
      then available to the public, and other terms and conditions of Rule 144 are
      complied with; and that all stock certificates representing shares of stock
      issued to the Holder upon exercise of this Warrant or upon conversion of such
      shares may have affixed thereto a legend substantially in the following
      form:

     

     

    
      
        
        

      

      
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    THE
      SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
      ACT
      OF 1933, AS AMENDED (THE “ACT”), OR UNDER THE SECURITIES LAWS OF ANY STATE.
      THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE
      AND
      MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT AND ANY
      APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION
      THEREFROM. INVESTORS SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE
      FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. THE ISSUER
      OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE
      SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE
      IS
      IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES
      LAWS.

    

    12. NO
      RIGHTS OR LIABILITIES AS STOCKHOLDERS.
      This
      Warrant shall not entitle the Holder to any voting rights or other rights as
      a
      stockholder of the Company. In the absence of affirmative action by such Holder
      to purchase Common Stock by exercise of this Warrant, no provisions of this
      Warrant, and no enumeration herein of the rights or privileges of the Holder
      hereof shall cause such Holder hereof to be a holder of the Company for any
      purpose. Nothing set forth in this Warrant shall be construed as imposing any
      liabilities on the Holder to purchase any securities (upon exercise of this
      Warrant or otherwise) or as a shareholder of the Company, whether such
      liabilities are asserted by the Company or by creditors of the Company.
      Notwithstanding this Section
      12,
      the
      Company shall provide the Holder with copies of the same notices and other
      information given to the shareholders of the Company generally,
      contemporaneously with the giving thereof to the shareholders.

     

    
      13.
        NOTICES. All notices and other communications required or permitted
        hereunder shall be in writing and shall be mailed by registered or certified
        mail, postage prepaid, return receipt requested, or by telecopier, or by
        email
        or otherwise delivered by hand or by messenger, addressed or telecopied to
        the
        person to whom such notice or communication is being given at its address
        set
        forth after its signature hereto. In order to be effective, a copy of any
        notice
        or communication sent by telecopier or email must be sent by registered or
        certified mail, postage prepaid, return receipt requested, or delivered
        personally to the person to whom such notice or communication is being at
        its
        address set forth after its signature hereto. If notice is provided by mail,
        notice shall be deemed to be given five (5) business days after proper deposit
        with the United States mail or nationally recognized overnight courier, or
        immediately upon personally delivery thereof, to person to whom such notice
        or
        communication is being at such address. If notice is provided by telecopier,
        notice shall be deemed to be given upon confirmation by the telecopier machine
        of the receipt of such notice at the telecopier number provided above. If
        notice
        is provided by email, notice shall be deemed to be given upon confirmation
        by
        the sender’s email program of the receipt of such notice at the email address
        provided after the signature of the person to whom such notice or communication
        is being. The addresses set forth after the signatures hereto may be changed
        by
        written notice complying with the terms of this Section
        13.

    

     

    
      
        
        

      

      
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    14. HEADINGS.
      The
      headings in this Warrant are for purposes of convenience in reference only,
      and
      shall not be deemed to constitute a part hereof.

    

    15. LAW
      GOVERNING.
      This
      Warrant shall be construed and enforced in accordance with, and governed by,
      the
      laws of the internal laws of the State of California, without giving effect
      to
      the principles of conflicts of law.

    

    16. NOTICES
      OF RECORD DATE.
      In
      case:

    

    16.1 the
      Company shall take a record of the holders of its Common Stock (or other stock
      or securities at the time receivable upon the exercise of this Warrant), for
      the
      purpose of entitling them to receive any dividend or other distribution, or
      any
      right to subscribe for or purchase any shares of stock of any class or any
      other
      securities or to receive any other right; or

    

    16.2 of
      any
      consolidation or merger of the Company with or into another corporation, any
      capital reorganization of the Company, any reclassification of the capital
      stock
      of the Company, or any conveyance of all or substantially all of the assets
      of
      the Company to another corporation in which holders of the Company’s stock are
      to receive stock, securities or property of another corporation; or

    

    16.3 of
      any
      voluntary or involuntary dissolution, liquidation or winding-up of the Company;
      or

    

    16.4 of
      any
      redemption of any outstanding capital stock of the Company; then, and in each
      such case, the Company will mail or cause to be mailed to the Holder of this
      Warrant a notice specifying, as the case may be, (i) the date on which a record
      is to be taken for the purpose of such dividend, distribution or right and
      the
      amount and character of any such dividend, distribution or right, or (ii) the
      date on which such reorganization, reclassification, consolidation, merger,
      conveyance, dissolution, liquidation, winding-up, redemption or conversion
      is to
      take place, and the time, if any is to be fixed, as of which the holders of
      record of Common Stock (or such stock or securities as at the time are
      receivable upon the exercise of this Warrant) shall be entitled to exchange
      their shares of Common Stock (or such other stock or securities) for securities
      or other property deliverable upon such reorganization, reclassification,
      consolidation, merger, conveyance, dissolution, liquidation or winding-up.
      Such
      notice shall be delivered at least thirty (30) days prior to the date therein
      specified.

    

    17. SEVERABILITY.
      If any
      term, provision, covenant or restriction of this Warrant is held by a court
      of
      competent jurisdiction to be invalid, void or unenforceable, the remainder
      of
      the terms, provisions, covenants and restrictions of this Warrant shall remain
      in full force and effect and shall in no way be affected, impaired or
      invalidated.

     

    
      
        
        

      

      
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    18. COUNTERPARTS.
      For the
      convenience of the parties, any number of counterparts of this Warrant may
      be
      executed by the parties hereto and each such executed counterpart shall be,
      and
      shall be deemed to be, an original instrument.

    

    19. SATURDAYS,
      SUNDAYS AND HOLIDAYS.
      If the
      Expiration Date falls on a Saturday, Sunday or legal holiday, the Expiration
      Date shall automatically be extended until 5:00 p.m. on the next business
      day.

    

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

     

    
      	 	 	 
	 	QUEST
              GROUP INTERNATIONAL, INC.
	 
 	 
 	 
 
	 	By:  	
              /s/ Harin
                Padma-Nathan 

            
	 	
              Name:   

              Title:

            	
              
                Harin
                  Padma-Nathan

                Chief
                  Executive Officer

              

            
	 	 	 
	 	
              Address
                for Notices

              18
                Technology, Suite 130

              Irvine,
                California 92618

            

    

    

     

    SIGNATURE
      PAGE TO WARRANT

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    

    EXHIBIT
      1

     

    
      	
               

              Tranche

            	
               

              Number
                of Shares

            	
               

              Vesting
                Date

            	
               

              Strike
                Price

            
	
              1

            	
               

              25,000

            	
               

              Immediately

            	
               

              $1.50

            
	
              2

            	
               

              25,000

            	
               

              October
                9, 2007

            	
               

              $1.50

            
	
              3

            	
               

              25,000

            	
               

              January
                10, 2008

            	
               

              $2.00

            
	
              4

            	
               

              25,000

            	
               

              April
                10, 2008

            	
               

              $2.00

            

    

    

    The
      shares of common stock in the third and fourth tranches will not vest in the
      event either party to the Investor Media Group (a division of Protect-A-Life
      Inc.) Consulting Agreement with Quest Group International, Inc., as amended,
      gives the other party a thirty-day written notice of termination of the
      consulting agreement prior to January 8, 2008. 

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    EXHIBIT
      2

    

    NOTICE
      OF EXERCISE

    

    (To
      be
      executed upon exercise of Warrant)

     

     

    
      	________________	
              WARRANT
                NO.
                ___

            

    

     

    The
      undersigned hereby irrevocably elects to exercise the right of purchase
      represented by the within Warrant Certificate for, and to purchase thereunder,
      securities of Quest Group International, Inc., as provided for therein, and
      (check the applicable box):

    

    
      	 	
               ̈

            	
              Tenders
                herewith payment of the exercise price in full in the form of cash
                or a
                certified or official bank check in same-day funds in the amount
                of
                $____________ for _________ such
                securities.

            

    

    

    
      	 	
               ̈

            	
              Pursuant
                to the cashless exercise feature set forth in Section 2.1(c) of the
                Warrant.

            

    

    

    Please
      issue a certificate or certificates for such securities in the name of, and
      pay
      any cash for any fractional share to (please print name, address and social
      security number):

       

    
      	
              Name: 

            	 	
            
	
              Address: 

            	 	 
	
              Signature: 

            	 	 

    

     

    
       

    

    Note:
      The
      above signature should correspond exactly with the name on the first page of
      this Warrant Certificate or with the name of the assignee appearing in the
      assignment form below.

    

    If
      said
      number of shares shall not be all the shares purchasable under the within
      Warrant Certificate, a new Warrant Certificate is to be issued in the name
      of
      said undersigned for the balance remaining of the shares purchasable thereunder
      rounded up to the next higher whole number of shares.

    

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    

     

    EXHIBIT
      3

    

    ASSIGNMENT

     

    
      	(To be executed only upon assignment
              of Warrant Certificate)	
               WARRANT
                NO.___

            

    

     

    

    For
      value
      received, hereby sells, assigns and transfers unto ________________________
      the
      within Warrant Certificate, together with all right, title and interest therein,
      and does hereby irrevocably constitute and appoint
      ______________________________ attorney, to transfer said Warrant Certificate
      on
      the books of the within-named Company with respect to the number of Warrants
      set
      forth below, with full power of substitution in the premises:

     

    
      	
              Name(s)
                of Assignee(s)

            	 	
              Address

            	 	
              #
                of Warrants

            
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

    

     

     

    
 

    And
      if
      said number of Warrants shall not be all the Warrants represented by the Warrant
      Certificate, a new Warrant Certificate is to be issued in the name of said
      undersigned for the balance remaining of the Warrants registered by said Warrant
      Certificate.

     

     

     

    

    Dated:                                            
      ,
      200_

    

    Signature:                                                 

    

    Notice:
      The signature to the foregoing Assignment must correspond to the name as written
      upon the face of this security in every particular, without alteration or any
      change whatsoever; signature(s) must be guaranteed by an eligible guarantor
      institution (banks, stock brokers, savings and loan associations and credit
      unions with membership in an approved signature guarantee medallion program)
      pursuant to Securities and Exchange Commission Rule l7Ad-15.

     

    
      
        
        

      

      
        12TERMINATION
      AGREEMENT

     

    This
      Termination Agreement (“Termination Agreement”) is made and entered into to be
      effective as of July 20, 2007, by and between Quest Group International,
      Inc.(hereinafter “Quest”), and Bateman Dynasty, LC (hereinafter “Bateman”).
      Quest and Bateman are hereinafter referred to as the “Parties.”

     

    RECITALS

     

    The
      Parties entered into a Revolving Loan and Security Agreement, dated September
      1,
      2001 (the “Loan Agreement”); 

     

    The
      Parties entered into an amendment to the Loan Agreement on February 1, 2002,
      which, together with the Loan Agreement, is hereinafter referred to as the
      “Bateman Agreements;” and

     

    The
      Parties desire to terminate the Bateman Agreements and cancel all promissory
      notes issued in connection with the Bateman Agreements (the “Notes”) in
      consideration for the payment described herein.

     

    NOW,
      THEREFORE,
      in
      consideration of the mutual covenants contained herein the Parties covenant
      and
      agree as follows:

     

    1. Concurrent
      with the execution and delivery of this Termination Agreement, Quest agrees
      to
      pay Bateman the sum of ONE HUNDRED EIGHTY-FOUR THOUSAND SIX HUNDRED THIRTY-ONE
      DOLLARS ($184,631) (the “Termination Payment”), which shall be payment in full
      of all principal amounts, all
      accrued and unpaid interest, all “Override Bonus” as that term is defined in the
      Loan Agreement, liquidated damages and other amounts which are due under the
      Bateman Agreements and the Notes.
      

     

    2. Quest
      is
      delivering the Notes to Bateman for cancellation, and hereby irrevocably
      instructs Quest to cancel as “paid in full” the Notes immediately upon receipt.
      Bateman agrees to cancel such Notes upon receipt, in consideration of the
      Termination Payment, pursuant to Section 1 hereof. Quest and Bateman hereby
      agree that the cancellation of the Notes shall for all purposes be deemed to
      be
      effective immediately.

     

    3. Upon
      receipt of the Termination Payment the Parties agree that the Bateman Agreements
      shall be terminated immediately without any further action on the part of the
      Parties.

     

    4. Bateman
      and each of its officers, directors, members, employees, agents and attorneys;
      its predecessors, successors, assignors and assignees; its affiliates; and
      all
      persons and entities acting by, through, under, or in concert with them or
      any
      of them (collectively, the “Bateman Releasors”) do hereby release and forever
      discharge Quest and its affiliates and their respective officers, directors,
      employees, shareholders, agents and attorneys; their respective predecessors,
      successors, assignors and assignees; and all persons and entities acting by,
      through, under, or in concert with them or any of them (collectively, the “Quest
      Releasees”), of and from any and all manner of action or actions, cause or
      causes of action, in law or in equity, suits, debts, liens, contracts,
      agreements, promises, liabilities, claims, demands, damages, losses, costs
      or
      expenses, of any nature whatsoever, whether known or unknown, fixed or
      contingent, which the Bateman Releasors now or may hereafter have against the
      Quest Releasees, or any of them, by reason of any matter, cause or thing
      whatsoever from the beginning of time to the date hereof which is based upon,
      arises out of, or relates to the Bateman Agreements. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    5. This
      Agreement constitutes the sole understanding of the parties with respect to
      the
      subject matter hereof. No amendment, modification, or alteration of the terms
      or
      provisions of this Agreement shall be binding unless the same shall be in
      writing and duly executed by the parties hereto.

     

    6. This
      Agreement may be executed in one or more counterparts, each of which shall
      for
      all purposes be deemed to be an original and all of which shall constitute
      the
      same instrument.

     

    7. Neither
      party shall be obligated to reimburse the other for any costs or expenses
      incurred by the other party in connection with this Agreement and/or the
      transactions contemplated hereby, including fees and expenses of financial
      consultants, accounts, and counsel.

     

    8. This
      Agreement shall be construed in accordance with and governed by the laws of
      the
      State of Utah without giving effect to the principles of conflicts of law
      thereof.

     

    9. If
      either
      Party brings an action or proceeding to enforce the terms of this Termination
      Agreement, the prevailing party in any such proceeding, action or appeal, shall
      be entitled to the prevailing party’s reasonable and actual out-of-pocket
      attorney’s fees and costs, whether awarded in the same suit or recovered in a
      separate suit.

     

    IN
      WITNESS WHEREOF, intending to be legally bound, the Parties have hereto set
      there hands to be effective as of the date first written above. 

     

    
      	
              Quest
                Group International, Inc.  

               

              By:
                /s/
                Kurt
                Brendlinger                       

              Its:
                Chairman
                & Chief Financial Officer

            	 	
              Bateman
                Dynasty, LC

               

              By:
                /s/
                Lynn
                Bateman                             
                

              Its:
                Manager                                             
                

            

    

    

    
      
        
        

      

      
        2

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