Document:

PLACEMENT
      AGENT AGREEMENT

     

    Dated:
      April 11, 2008

     

    Joseph
      Gunnar & Co., LLC

    30
      Broad
      Street

    New
      York,
      NY 10004

    

    Gentlemen:

    

    1. Offering.

     

    A. Morlex,
      Inc. (the “Company”)
      hereby
      engages Joseph Gunnar & Co., LLC (the “Placement
      Agent”)
      to act
      as the Company’s exclusive placement agent with respect to the issuance and sale
      by the Company (the “Offering”)
      of
      shares of the Company’s common stock (the “Common
      Stock”)
      as
      follows: (i) 2,700,000 shares of its common stock, at $0.75 per share, or
      $2,025,000, on a “best efforts, all or none” basis (the “Minimum
      Offering”),
      (ii)
      up to an additional 2,700,000 shares of its common stock, also at $0.75 per
      share, or $2,025,000, on a “best efforts” basis, for a maximum offering of
      $4,050,000 (the “Maximum
      Offering”),
      and
      (iii) up to an additional 2,700,000 shares of its common stock, at $0.75 per
      share, or $2,025,000, on a “best efforts” basis, with respect to this, if and as
      authorized by the Company and the Placement Agent, over-allotment amount
      (collectively, the “Shares”).
      The
      Placement Agent is hereby authorized to engage, at its option, the services
      of
      other broker-dealers (the “Designees”)
      who
      are members of the Financial Industry Regulatory Authority (“FINRA”,
      formerly, National Association of Securities Dealers, Inc.) to assist it in
      soliciting subscribers and to remit to such broker-dealers the commissions
      payable to the Placement Agent hereunder as it shall determine, provided that
      the Company shall not be responsible for any fees or expenses of any such
      Designees.

     

    The
      Offering is subject to (i) the completion and execution by the appropriate
      parties of a Securities Purchase Agreement with all exhibits thereto, an Escrow
      Agreement dated as of March 25, 2008, and a Confidential Investor Questionnaire
      (collectively, the “Offering
      Documents”)
      and
      (ii) the conditions set forth in Section
      8
      hereof.
      The Company shall issue and sell to the Placement Agent or its designee(s),
      for
      nominal consideration, five-year warrants to purchase the number of shares
      of
      Common Stock equal to ten percent (10%) of the total number of issuable shares
      of the Company’s common stock sold in the Offering (the “Placement
      Agent Warrants”)
      at a
      purchase price equal to 100% of the price at which shares of Common Stock are
      sold to purchasers in connection with the Offering. The Placement Agent Warrants
      may not be exercised prior to one hundred and twenty (120) days following each
      Closing of the Offering. The Shares and the shares of Common Stock issuable
      upon
      exercise of the Placement Agent Warrants (the “Placement
      Agent Shares”)
      are
      hereinafter sometimes collectively referred to as the “Securities.”
      

     

    The
      Shares will be offered without registration under the Securities Act of 1933,
      as
      amended (the “Securities
      Act”).
      Purchasers of the Shares will be granted certain registration rights with
      respect to the Securities, as more fully set forth in a certain Amended and
      Restated Registration Rights Agreement dated as of April 15, 2008 (the
“Registration
      Rights Agreement”).
      The
      Placement Agent will be granted certain registration rights with respect to
      the
      Placement Agent Warrants, as more fully set forth in the Registration Rights
      Agreement.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    B. The
      initial closing of the Offering (the “Closing”) shall occur on the receipt of
      acceptable subscriptions equal to the Minimum Offering. The Offering shall
      terminate on June 4, 2008 (the “Offering
      Period”);
      provided,
      however,
      that
      the Company and the Placement Agent may extend the Offering Period without
      notice to the prospective purchasers of Shares for no more than two (2) thirty
      (30) day periods thereafter. The
      Company will issue or cause to be issued certificates representing the Shares
      and the Placement Agent Warrants no later than three (3) business days following
      each Closing.

     

    2. Information.

     

    A. Payment
      for the Shares shall be made by wire transfer as more fully described in the
      Offering Documents. The minimum purchase by any purchaser shall be 100,000
      Shares or $75,000 Dollars, unless Securities purchase for lesser amounts are
      accepted at the discretion of the Company. The Placement Agent and the Company
      agree that the Shares will be offered solely to “accredited investors” within
      the meaning of Rule 501 of Regulation D (“Accredited
      Investors”)
      promulgated by the United States Securities and Exchange Commission (the
“Commission”)
      under
      the Securities Act and Rule 506 of Regulation D under the Securities Act.

     

    B. All
      funds
      received from subscriptions arranged will be promptly transmitted to the escrow
      account maintained at U.S. Bank N.A. (the “Escrow
      Agent”)
      and
      designated as “U.S. Bank/Morlex, Inc. - Escrow Account.” At each Closing, the
      funds received in respect of the Shares closed on will be forwarded to the
      Company, against delivery of the appropriate number of Shares and Warrants,
      net
      of (i) a Placement Agent commission payable in cash in an amount equal to ten
      percent (10%) of the gross proceeds of the Shares sold in this Offering, and
      (ii) any reasonable, documented out-of-pocket costs and expenses paid by the
      Placement Agent including, but not limited to, printing, filing, background
      examinations of the Company’s officers, directors, controlling persons and key
      employees, mailing, travel, lodging, with prior approval by the Company of
      any
      individual item in excess of $5,000, plus
      legal
      expenses except that the Company shall not be responsible for any fees or
      expenses of the Placement Agent’s legal counsel in excess of $30,000 without the
      Company’s prior written approval. The Placement Agent hereby acknowledges the
      receipt of $10,000 non-refundable deposit upon signing of the Letter of Intent
      by and between the parties hereto.

     

    C. The
      Company and the Placement Agent reserve the right to reject any subscriber,
      in
      whole or in part, in either’s sole discretion. Funds received by the Company
      from any subscriber whose subscription is rejected will be returned to such
      subscriber, without deduction therefrom or interest thereon, but no sooner
      than
      such funds have cleared the banking system in the normal course of
      business.

     

    3. Representations,
      Warranties and Covenants of Placement Agent.
      

     

    The
      Placement Agent represents, warrants and covenants as follows:

     

    (i) It
      has
      the necessary power to enter into this Placement Agent Agreement and to
      consummate the transactions contemplated hereby. The Placement Agent is a
      limited liability company duly organized, validly existing and in good standing
      under the laws of the State of Delaware. 

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (ii) The
      execution and delivery by the Placement Agent of this Placement Agent Agreement
      and the consummation of the transactions contemplated herein will not result
      in
      any violation of, or be in conflict with, or constitute a default under, the
      organizational documents of the Placement Agent, any agreement or instrument
      to
      which the Placement Agent is a party or by which the Placement Agent or its
      properties are bound, or any judgment, decree, order or, to the Placement
      Agent’s knowledge, any statute, rule or regulation applicable to the Placement
      Agent. This Placement Agent Agreement constitutes the legal, valid and binding
      obligation of the Placement Agent, enforceable against the Placement Agent
      in
      accordance with its terms, except to the extent that (a) the enforceability
      hereof may be limited by bankruptcy, insolvency, reorganization, moratorium
      or
      similar laws from time to time in effect and affecting the rights of creditors
      generally, (b) the enforceability hereof is subject to general principles of
      equity, or (c) the indemnification provisions hereof may be held to be violative
      of public policy.

     

    (iii) The
      Placement Agent will deliver to each potential investor, prior to any submission
      by such person of a written offer relating to the purchase of the Shares, a
      copy
      of the Offering Documents (not including the Escrow Agreement) as they may
      have
      been most recently amended or supplemented by the Company.

     

    (iv) Upon
      receipt of executed Offering Documents from investors, the Placement Agent
      will
      promptly forward copies of the subscription documents to the
      Company.

     

    (v) The
      Placement Agent will not deliver the Offering Documents to any person they
      do
      not reasonably believe to be an Accredited Investor or to any person in a state
      where it does not reasonably believe that the Offering is exempt from the
      applicable state “Blue Sky” laws.

     

    (vi) The
      Placement Agent will not take any action which it reasonably believes would
      cause the Offering to violate the provisions of the Securities Act, the
      Securities Exchange Act of 1934, as amended (the “Exchange
      Act”)
      or the
      respective rules and regulations promulgated thereunder (the “Rules
      and Regulations”).

     

    (vii) The
      Placement Agent shall have no obligation to insure that (a) any check, note,
      draft or other means of payment for the Shares will be honored, paid or
      enforceable against the subscriber in accordance with its terms; or (b) subject
      to the performance of the Placement Agent’s obligations and the accuracy of its
      representations and warranties hereunder, (i) the Offering is exempt from the
      registration requirements of the Securities Act or any applicable state “Blue
      Sky” law; or (ii) any prospective purchaser is an Accredited Investor; provided
      that Placement Agent will not deliver the Offering Documents to any person
      they
      do not reasonably believe to be an Accredited Investor.

     

    (viii) There
      is
      no litigation or governmental proceeding pending or, to the best of the
      Placement Agent’s knowledge, threatened against it, which might have a material
      adverse effect on the Placement Agent’s business or operations.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    (ix) The
      Placement Agent is a member of the FINRA and is a broker-dealer registered
      as
      such under the Exchange Act and under the securities laws of the states in
      which
      the Securities will be offered or sold by the Placement Agent, unless an
      exemption for such state registration is available to the Placement Agent.
      The
      Placement Agent is in compliance with all material rules and regulations
      applicable to the Placement Agent generally and to the Placement Agent’s
      participation in the Offering.

     

    4. Representations
      and Warranties of the Company.

     

    The
      Company has filed with the Commission all forms, reports, schedules,
      registration statements and preliminary or definitive proxy or information
      statements required to be filed by it with the Commission prior to the date
      hereof (the “Company
      SEC Reports”).
      Except as may be set forth in the Company SEC Reports, the Company hereby
      represents and warrants as follows:

     

    (i) The
      execution, delivery and performance of each of this Placement Agent Agreement
      and the Offering Documents to which it is a party has been duly and validly
      authorized by the Company and is, or with respect to the Offering Agreements
      to
      which it is a party, will be, a valid and binding obligation of the Company,
      enforceable in accordance with its respective terms, except to the extent that
      (a) the enforceability hereof or thereof may be limited by bankruptcy,
      insolvency, reorganization, moratorium or similar laws from time to time in
      effect and affecting the rights of creditors generally, (b) the enforceability
      hereof or thereof is subject to general principles of equity; or (c) the
      indemnification provisions hereof or thereof may be held to be violative of
      public policy. 

     

    (ii) Prior
      to
      the Closing, the issuance, sale and delivery by the Company of the Securities
      will be duly authorized by all requisite corporate action of the Company. The
      Shares and the Placement Agent Shares will, prior to the Closing, be duly
      reserved for issuance upon the Closing of the Offering or exercise of the
      Placement Agent Warrants, as applicable.

     

    (iii) The
      authorized capital stock of the Company consists of 1,000,000,000 shares of
      common stock, par value $.001 per share (the “Company
      Common Stock”).
      As of
      the date of this Agreement, before giving effect to the Offering, the Company
      has 20,045,492 shares of Company Common Stock issued and outstanding, all of
      which have been duly authorized, validly issued, fully paid and non-assessable.
      The Company Common Stock is presently eligible for quotation and trading on
      the
      Over-the-Counter Bulletin Board (the “OTCBB”)
      in all
      50 states of the United States and is not subject to any notice of suspension
      or
      delisting.  The Company Common Stock is eligible for registration under the
      Securities Exchange Act of 1934, as amended (the “Exchange
      Act”).
      All
      of the issued and outstanding shares of Company Common Stock were issued in
      compliance with all applicable laws including, without limitation, the
      Securities Act of 1933, as amended (the “Securities
      Act”),
      the
      Exchange Act and applicable “blue sky laws”. Except as set forth in the
      Registration Rights Agreement or in the Company SEC Reports, there are no
      preemptive or other outstanding rights, options, warrants, conversion rights
      (including pursuant to convertible securities), stock appreciation rights,
      redemption rights, repurchase rights, registration rights, agreements,
      arrangements, calls, commitments or rights of any kind relating to the issued
      or
      unissued capital stock of the Company or obligating the Company to issue or
      sell
      any shares of capital stock of, or other equity interests in, the Company.
      As of
      the date of this Agreement, there are no outstanding contractual obligations
      of
      the Company to repurchase, redeem or otherwise acquire any shares of capital
      stock of the Company or to provide material funds to, or make any material
      investment (in the form of a loan, capital contribution or otherwise) in, any
      person.

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    (iv) The
      Shares and the Placement Agent Shares, when issued in accordance with the terms
      of the SPA and the Placement Agent Warrants and the terms of this Placement
      Agent Agreement as the case may be, will be validly issued, fully-paid and
      non-assessable.

     

    (v) There
      is
      no litigation or governmental proceeding pending or, to the best of the
      Company’s knowledge, threatened against, or involving the Company or its
      properties or business, except as set forth in the Offering Documents. The
      Company is not a party to any order, writ, injunction, judgment or decree of
      any
      court.

     

    (vi) The
      Company is a corporation duly organized, validly existing and in good standing
      under the laws of the State of Colorado. The Company has the requisite corporate
      power and authority to carry on its business as it is now being conducted and
      is
      duly qualified or licensed to do business, and is in good standing, in each
      jurisdiction where the character of its properties owned or held under lease
      or
      the nature of its activities makes such qualification necessary, except for
      any
      failure to so license, qualify or be in such good standing, which, when taken
      together with all other such failures, has not had and does not have a material
      adverse effect on the Company. The execution and delivery of this Agreement
      and
      the Offering Documents to which it is a party by the Company does not and will
      not, and the performance of this Agreement and the Offering Documents to which
      it is a party by the Company will not: (i) conflict with or violate the articles
      of incorporation or by-laws of the Company, (ii) conflict with or violate any
      laws applicable to the Company or by which any property or asset of the Company
      is bound or affected, or (iii) result in any breach of or constitute a default
      (or an event which with notice or lapse of time or both would become a default)
      under, or give to others any right of termination, amendment, acceleration,
      or
      cancellation of, or result in the creation of a lien or other encumbrance on
      any
      property or asset of the Company pursuant to, any contract to which the Company
      is a party or by which the Company or any property or asset of the Company
      is
      bound or affected.

     

    (vii) Neither
      the Company nor any of its officers, directors, employees or stockholders has
      employed any broker or finder in connection with the transactions contemplated
      by this Placement Agent Agreement other than the Placement Agent and there
      are
      no claims for services in the nature of a finder’s or origination fee with
      respect to the sale of the Securities.

     

    (viii) Subject
      to the performance by the Placement Agent of its obligations hereunder, and
      the
      accuracy of the representations and warranties made by the respective investors
      in the Offering Documents, the Offering Documents and the offer and sale of
      the
      Securities comply, and will continue to comply, through the Offering Period
      with
      the requirements of Rule 506 of Regulation D promulgated by the Commission
      pursuant to the Securities Act and any other applicable federal and state laws,
      rules, regulations and executive orders. Neither the Offering Documents nor
      any
      amendment or supplement thereto, nor any other documents prepared by the Company
      in connection with the Offering 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 light of the circumstances under which they
      were
      made, not misleading. All statements of material facts in the Offering Documents
      are true and correct as of the date of the Offering Documents and will be true
      and correct in all material respects on the date of the Closing. If at any
      time
      prior to the completion of the Offering or other termination of this Placement
      Agent Agreement any event shall occur as a result of which it might, in the
      Company’s opinion, become necessary to amend or supplement the Offering
      Documents so that they do not include any untrue statement of any material
      fact
      or omit to state any material fact necessary in order to make the statements
      therein, in light of the circumstances then existing, not misleading, the
      Company will promptly notify the Placement Agent and will supply the Placement
      Agent with amendments or supplements correcting such statement or
      omission.

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    (ix) All
      taxes
      which are due and payable from the Company have been paid in full or appropriate
      extensions of such payment have been obtained and the Company does not have
      any
      tax deficiency or claim outstanding assessed or proposed against it (except
      for
      such amounts set forth in the Offering Documents).

     

    (x) The
      Company has not taken any action which would cause it to be in violation of
      the
      Foreign Corrupt Practices Act of 1977, as amended, or any rules and regulations
      thereunder. To the Company’s knowledge, there is not now any employment by the
      Company of, or beneficial ownership in the Company by, any governmental or
      political official.

     

    (xi) The
      Company understands that the foregoing representations and warranties shall
      be
      deemed material and to have been relied upon by the Placement Agent.

     

    (xii) The
      Company will not deliver the Offering Documents to any person it does not
      reasonably believe to be an Accredited Investor.

     

    (xiii) The
      Company will not intentionally take any action which it reasonably believes
      would cause the Offering to violate the provisions of the Securities Act,
      Exchange Act or the Rules and Regulations.

     

    (xiv) The
      Company understands that the foregoing representations and warranties shall
      be
      deemed material and to have been relied upon by the Placement Agent. No
      representation or warranty by the Company in this Placement Agent Agreement,
      and
      no written statement contained in any document, certificate or other writing
      delivered by the Company to the Placement Agent contains any untrue statement
      of
      material fact or omits to state any material fact necessary to make the
      statements herein or therein, in light of the circumstances under which they
      were made, not misleading.

     

    5. Certain
      Covenants and Agreements of the Company.

     

    The
      Company covenants and agrees as follows:

     

    A. To
      advise
      the Placement Agent of any material adverse change in the Company’s financial
      condition, prospects or business or of any development materially affecting
      the
      Company or rendering untrue or misleading any material statement in the Offering
      Documents occurring at any time prior to the Closing as soon as reasonably
      practicable after the Company is either informed or becomes aware
      thereof.

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    B. To
      use
      its reasonable e best efforts to cause the Securities to be qualified or
      registered for sale, or to obtain exemptions from such qualification or
      registration requirements, on terms consistent with those stated in the Offering
      Documents, the Shares and the Placement Agent Warrants under the securities
      laws
      of such jurisdictions as the Placement Agent shall reasonably request, provided
      that such states and jurisdictions do not require the Company to qualify as
      a
      foreign corporation. Qualification, registration and exemption charges and
      fees
      shall be at the sole cost and expense of the Company. The Company’s counsel
      shall perform the required “Blue Sky” services, and all reasonable expenses and
      disbursements of Company’s counsel relating to such “Blue Sky” matters and
      relating to the Offering shall be paid by the Company.

     

    C. To
      apply
      the net proceeds of the Offering as described in the Offering Documents
      $5,000,000 for the acquisition of Ad Authority, Inc. and the remaining amount
      for general working capital purposes.

     

    D. To
      issue
      to the Placement Agent or its designees, at the Closing, the Placement Agent
      Warrants and provide for registration by the Company of the Placement Agent
      Shares issuable upon the exercise thereof as set forth in the Registration
      Rights Agreement. 

     

    E. To
      reserve out of the Company’s authorized and designated Common Stock, solely for
      the purpose of issuance upon the exercise of the Placement Agent Warrants,
      such
      number of Placement Agent Shares.

     

    F. To
      execute and deliver employment agreements with key management in forms
      reasonably acceptable to the Placement Agent and its counsel.

     

    G. In
      the
      event the Company elects not to proceed with the Offering prior to April 15,
      2008 for any reason other than (i) the Placement Agent’s bad faith, gross
      negligence or willful misconduct in processing the transaction or breach of
      any
      provision of this Agreement by the Placement Agent or any of its affiliates
      or
      Designees or inaccuracy of any representation of the Placement Agent set forth
      herein, (ii) the failure to close the acquisition of Ad Authority, Inc. for
      any
      reason or (iii) as a result of the Placement Agent’s willful failure to meet any
      of the conditions to the Offering set forth herein, or if the Placement Agent
      elects not to proceed due to (i) a material breach by the Company of any
      representation, warranty or covenant contained in this Placement Agent Agreement
      precluding the offering from proceeding on the terms set forth herein, or (ii)
      as a result of the Company’s willful failure to meet any of the conditions to
      the Offering previously described, to pay the Placement Agent, exclusive of
      any
      payments otherwise made, for its time, efforts and lost opportunities, a
“break-up” fee of $150,000 plus
      125,000
      Placement Agent Warrants or, if the Offering Documents have been distributed
      to
      potential purchasers of the Shares, $250,000 plus
      250,000
      Placement Agent Warrants. 

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    6. Indemnification.

     

    A. The
      Company agrees to indemnify and hold harmless the Placement Agent, its
      affiliates, the directors, officers and employees of the Placement Agent and
      its
      affiliates, and each other person or entity, if any, controlling the Placement
      Agent or any of its affiliates (collectively, “Company
      Indemnified Persons”),
      from
      and against, and the Company agrees that no Indemnified Person shall have any
      liability to the Company or its owners, parents, affiliates, securityholders
      or
      creditors for, any losses, claims, damages, liabilities or expenses (including
      actions, claims or proceedings in respect thereof brought by or against any
      person, including stockholders of the Company, and the cost of any investigation
      and preparation therefore and defense thereof) (collectively, “Placement
      Agent Losses”)
      related to or arising out of any statements or omissions made in the Offering
      Documents or any exhibit thereto or the services undertaken by the Placement
      Agent in this Placement Agent Agreement in connection with the sale of the
      Securities in the Offering (collectively, the “Placement
      Agent’s Role”),
      except that the indemnification shall not apply to the Placement Agent Losses
      of
      an Indemnified Person that are determined by a court of competent jurisdiction
      or by an agreement of the parties to have resulted from (i) the bad faith,
      gross
      negligence or willful misconduct of such Indemnified Person, or (ii) a claim
      as
      to an alleged omission from or misstatement in, the Offering Documents or any
      exhibit thereto if either (x) at or prior to the execution of a Securities
      Purchase Agreement the copy of the Offering Documents and exhibits were not
      sent
      or delivered to the subscriber, (y) the alleged untrue statement was corrected
      or the omission of a material fact alleged was contained in a supplement or
      amendment to the Memorandum was delivered to the subscriber prior to the written
      acceptance of the subscriber’s Securities Purchase Agreement by the Company, or
      (z) such claim is relating to misstatement or omission in the information
      supplied by the Placement Agent, or any of its affiliates, agents or Designees.
      

     

    B. The
      Placement Agent agrees to indemnify and hold harmless the Company, its
      affiliates, and their respective directors, officers and employees, and each
      other person or entity, if any, controlling the Company or any of its affiliates
      (collectively, “Placement
      Agent Indemnified Persons”)
      from
      and against, and the Placement Agent agrees that no Placement Agent Indemnified
      Person shall have any liability to the Placement Agent or its owners, parents,
      affiliates, securityholders or creditors for any for, any losses, claims,
      damages, liabilities or expenses (including actions, claims or proceedings
      in
      respect thereof) brought by or against any person, including stockholders or
      members of the Placement Agent, and the cost of any investigation and
      preparation therefore and defense thereof (collectively, “Company
      Losses”
and,
      together with the Placement Agent Losses, “Losses”)
      (i)
      related to or arising out of any acts or failures to act undertaken or omitted
      to be taken by the Placement Agent, any of its affiliates or the Designees
      in
      connection with the Offering through their bad faith, willful misconduct or
      gross negligence, or (ii) in whole or in part resulting from any (a) inaccuracy
      in the representations and warranties of the Placement Agents contained herein,
      (b) any failure of the Placement Agent to perform its obligations hereunder
      or
      (c) the information supplied by the Placement Agent, or any of its affiliates,
      agents or Designees. The maximum aggregate payment that the Placement Agent
      shall be liable to pay out hereunder in respect of indemnification of the
      Company Indemnified Parties shall be limited, in the aggregate, to the amount
      of
      consideration received by the Placement Agent pursuant to this Placement Agent
      Agreement, including the value of the Placement Agent Warrants.

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    C. Promptly
      after receipt by an Indemnified Person (each an “indemnified
      party”)
      under
      this Section
      6
      of
      notice of the commencement of any action, such indemnified party will, if a
      claim in respect thereof is to be made against any indemnifying party under
      this
Section
      6,
      notify
      in writing the indemnifying party of the commencement thereof, provided however,
      that no delay on the part of the indemnified party in notifying the indemnifying
      party shall relieve the indemnifying party from any obligation hereunder unless
      the indemnifying party is prejudiced by such delay. In case any such action
      is
      brought against any indemnified party, and it notifies an indemnifying party
      of
      the commencement thereof, the indemnifying party will be entitled to participate
      therein, and to the extent that it may wish, jointly with any other indemnifying
      party, similarly notified, to assume the defense thereof, with counsel who
      shall
      be to the reasonable satisfaction of such indemnified party, and after notice
      from the indemnifying party to such indemnified party of its election so to
      assume the defense thereof, the indemnifying party will not be liable to such
      indemnified party under this Section
      6
      for any
      legal or other expenses subsequently incurred by such indemnified party in
      connection with the defense thereof other than reasonable costs of
      investigation; provided,
      however,
      that
      if, in the reasonable judgment of the indemnified party, it is advisable for
      the
      indemnified party to be represented by separate counsel, the indemnified party
      shall have the right to employ a single counsel only to represent the
      indemnified parties who may be subject to liability arising out of any claim
      in
      respect of which indemnity may be sought by the indemnified parties thereof
      against the indemnifying party, in which event the fees and expenses of such
      separate counsel shall be borne by the indemnifying party. Any such indemnifying
      party shall not be liable to any such indemnified party on account of any
      settlement of any claim or action effected without the consent of such
      indemnifying party.

     

    If
      such
      an indemnity provided for in this Placement Agent Agreement is unavailable
      or
      insufficient for any Indemnified Person with respect to any Losses (other than
      by reason of the gross negligence, willful misconduct or bad faith of such
      indemnifying party), then the indemnifying party, in lieu of indemnifying such
      Indemnified Person, will contribute to the amount paid or payable by such
      Indemnified Person as a result of such Losses (i) in such proportion as it
      is
      appropriate to reflect the relative benefits received by the Company on the
      one
      hand, and the Placement Agent, on the other hand, from the transactions
      contemplated hereunder (the “Transactions”),
      or
      (ii) if the allocation provided by (i) above is not permitted by applicable
      law
      in such proportion as is appropriate to reflect not only the relative benefits
      referred to in (i) above, but also the relative fault on the Company, on the
      one
      hand, and of the Placement Agent on the other hand in connection with statements
      or omissions that resulted in Losses as well as any other relevant equitable
      considerations. The relative benefits received by the Company on the one hand,
      and the Placement Agent, on the other hand shall be deemed to be in the same
      proportion as the total proceeds from the Transactions (net of sales
      commissions, but before deducting other expenses) received by the Company bear
      to the commissions received or receivable by the Placement Agent. The fault
      of
      the Company, on the one hand, and the Placement Agent, on the other hand, will
      be determined with reference to, among other things, whether the untrue or
      alleged untrue statement of material fact or the omission to state a material
      fact relates to the information supplied by the Company, on the one hand, and
      the Placement Agent, on the other hand, and their relative intent, knowledge,
      access to information and opportunity to correct or prevent such statement
      or
      omission.

    

    The
      Company and the Placement Agent agree that it would not be just and equitable
      if
      contribution pursuant to this Section
      6
      were
      determined by pro rata allocation or by any other method of allocation that
      does
      not take into account the equitable considerations referred to in the
      immediately preceding paragraph.

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    

    THE
      PLACEMENT AGENT HEREBY AGREES AND THE COMPANY HEREBY AGREES, ON ITS OWN BEHALF
      AND ON BEHALF OF ITS SECURITYHOLDERS, TO WAIVE ANY RIGHT TO TRIAL BY JURY WITH
      RESPECT TO ANY CLAIM, COUNTER-CLAIM OR ACTION ARISING OUT OF THE PLACEMENT
      AGENT’S ROLE OR THIS PLACEMENT AGENT AGREEMENT.

    

    7. Payment
      of Expenses.
      

     

    Whether
      or not the Offering is successfully completed, the Company hereby agree to
      bear
      all of the customary reasonable expenses in connection with the Offering,
      including, but not limited to the following: due diligence, background
      examinations of the Company’s officers, directors, controlling persons and key
      employees, travel, lodging, filing fees, printing and duplicating costs, lucite
      deal blocks, advertisements, postage and mailing expenses with respect to the
      transmission of offering material, registrar and transfer agent fees, escrow
      agent fees and expenses, fees of the Company’s counsel and accountants, issue
      and transfer taxes, if any, “Blue Sky” counsel fees and expenses of Company’s
      counsel and the legal fees and expenses of the Placement Agent’s counsel in an
      amount not to exceed $30,000, without the Company’s approval; provided that any
      expense of the Placement Agent in excess of $5,000 individually shall be subject
      to prior approval by the Company. It is agreed that the Company’s counsel shall
      perform the required Blue Sky legal services. 

     

    8. Conditions
      of the Closing

     

    Provided
      the Offering shall have been subscribed for and funds representing such amount
      thereof shall have cleared, the Closing shall be held at the offices of the
      Placement Agent’s counsel or such other place as mutually agreed upon by the
      parties hereto. The obligations of the Placement Agent hereunder shall be
      subject to the continuing accuracy of the representations and warranties, in
      all
      material respects, of the Company as of the date hereof and as of the date
      of
      the Closing as if such representations and warranties had been made on and
      as of
      the Closing; the accuracy on and as of the date of the Closing of the statements
      of the officers of the Company made pursuant to the provisions hereof; and
      the
      performance by the Company on and as of the Closing of its covenants and
      obligations hereunder and to the following further conditions:

     

    A. At
      each
      Closing, the Placement Agent shall receive the opinion of Nixon Peabody LLP,
      counsel to the Company, dated as of the date of the Closing, which opinion
      shall
      be in the form attached to the Securities Purchase Agreement.

     

    B. At
      or
      prior to the Closing, counsel for the Placement Agent shall have been furnished
      such documents, certificates and opinions as it may reasonably require for
      the
      purpose of enabling it to review or pass upon the matters referred to in this
      Placement Agent Agreement and the Offering Documents, or in order to evidence
      the accuracy, completeness or satisfaction of any of the representations,
      warranties or conditions contained herein.

     

    C. Since
      the
      date of this Agreement, there has been no material adverse change in the
      business, operations or financial condition of the Company, provided, however,
      that none of the following, either alone or in combination, shall be considered
      in determining whether a material adverse change has occurred: any change or
      effect resulting from (i) any change in economic conditions generally or in
      the
      industry in which Company operates; (ii) any change in any law applicable to
      Company; (iii) changes arising from the announcement or consummation of the
      transactions contemplated hereby; or (vi) any actions to be taken pursuant
      to or in accordance with this Agreement .

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    D. Subject
      to the filing of any necessary state “Blue Sky” filings, the Offering will
      become qualified or be exempt from qualification under the securities laws
      of
      the several states as contemplated by Section
      5(B)
      hereof
      no later than the date of the Closing and no stop order suspending the sale
      of
      the Shares shall have been issued, and no proceedings for that purpose shall
      have been initiated or threatened.

     

    E. At
      each
      Closing, the Placement Agent shall have received certificates of the Company
      signed by their respective chief executive officers and chief financial
      officers, dated as of the date of the Closing, to the effect that the conditions
      set forth in subparagraph (C) above have been satisfied and that, as of the
      date
      of the Closing, the representations and warranties of the Company set forth
      herein are true and correct in all material respects.

     

    F. At
      final
      Closing, the Company shall have delivered employment agreements with key
      management reasonably acceptable to the Placement Agent and its
      counsel.

     

    G. At
      final
      Closing, the Company shall have delivered quarterly financial projections and
      a
      budget of the Company for the two-year period following the Offering, as
      approved by the Company’s Board of Directors.

     

    H. There
      shall be reasonable satisfaction by the Placement Agent with its ongoing due
      diligence of the Company, including, but not limited to, the Company’s financial
      condition, business prospects, acquisition targets, management and Board of
      Directors. This also includes satisfactory background examinations of the
      Company’s officers, directors, controlling persons and key
      employees.

     

    I. Prior
      to
      the final Closing, the Company and the Placement Agent shall have executed
      a
      non-exclusive Investment Banking Advisory Agreement (the “Advisory
      Agreement”)
      in
      connection with the Company’s future financings (other than the Offering) so
      that the Placement shall be entitled to co-lead or manage any such future
      financing, and/or general corporate finance and corporate advisory needs. The
      term of the Advisory Agreement shall be at least twelve (12) months, with the
      Placement Agent’s compensation to be determined by mutual agreement.

     

    J. Prior
      to
      the final Closing, the Company and the Placement Agent shall have executed
      a
      non-exclusive Investment Banking Advisory Agreement (the “M&A
      Advisory Agreement”)
      in
      connection with the Company’s business combinations, mergers and acquisitions.
      The term of the M&A Advisory Agreement shall be at least twelve (12) months,
      with the Placement Agent’s compensation to be determined by mutual
      agreement.

     

    The
      obligations of the Company hereunder shall be subject to the continuing accuracy
      of the representations and warranties, in all material respects, of the
      Placement Agent as of the date hereof and as of the date of the Closing as
      if
      such representations and warranties had been made on and as of the Closing;
      the
      accuracy on and as of the date of the Closing of the statements of the officers
      of the Placement Agent made pursuant to the provisions hereof; and the
      performance by the Placement Agent on and as of the Closing of its covenants
      and
      obligations hereunder and to the following further conditions:

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    K. The
      closing of acquisition of Ad Authority, Inc. by a subsidiary of the Company
      shall be taking place simultaneously with the Closing hereunder.

     

    L. Prior
      to
      the final Closing, the Company shall have engaged the public accounting firm
      of
      Rothstein, Kass and Company, P.C. acceptable to the Placement
      Agent.

     

    M. Prior
      to
      the final Closing, the Placement Agent shall have received “comfort letter”
representations from the Company’s bank creditors.

     

    N. Prior
      to
      the final Closing, the Company shall have appointed a non-voting observer
      designated by the Placement Agent to its Board of Directors at the final Closing
      of the Offering for a period of two (2) years following such final Closing.
      Such
      observer shall be entitled to receive reimbursement for reasonably incurred
      expenses and all data as and when received by voting members. 

     

    9. Termination.

     

    This
      Placement Agent Agreement shall terminate if the Closing does not take place
      on
      or before seven (7) business days following the termination of the Offering
      Period. In the event that the Offering is not successfully completed, then
      the
      Company shall immediately pay to the Placement Agent the amount of its
      reasonable, documented out-of-pocket expenses incurred in connection with the
      offer of the Securities in accordance with this agreement,
      plus
      the
      Placement Agent’s legal expenses except that the Company shall not be
      responsible for any fees or expenses of the Placement Agent’s legal counsel in
      excess of $30,000 without the Company’s prior written approval.
      Upon any
      termination of the Offering, all subscription documents and payments for the
      Securities not previously delivered to the purchasers thereof, shall be returned
      to the respective subscribers, without interest thereon or deduction therefrom,
      and no party hereto shall have any further obligation to the other, except
      as
      specifically provided herein. 

     

    10. Miscellaneous.

     

    A. This
      Placement Agent Agreement may be executed in any number of counterparts, each
      of
      which shall be deemed to be an original, but all which shall be deemed to be
      one
      and the same instrument.

     

    B. Any
      notice required or permitted to be given hereunder shall be given in writing
      and
      shall be deemed effective when deposited in the United States mail, postage
      prepaid, or when received if personally delivered, sent by overnight courier
      or
      faxed, addressed as follows:

     

    To
      the
      Placement Agent:

     

    Joseph
      Gunnar & Co.,
      LLC

    30
      Broad Street

    New
      York, New York 10004

    Fax:
      (212) 440-9668

    Attention:
      Stephan A. Stein

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

    

    with
      a
      copy to:

     

    Cozen
      O’Connor 

    1627
      I Street, NW, Suite 1100

    The
      Army and Navy Club Building

    Washington,
      DC 20006

    Fax
      (202) 912-4830

    Attention:
      Ralph V. De Martino, Esq.

    

    To
      the
      Company:

     

    Morlex,
      Inc.

    420
      Lexington Avenue, Suite 450

    New
      York,
      New York 10170

    Attn:
      Richard Berman

    

    with
      a
      copy to:

     

    Nixon
      Peabody LLP

    Attn:
      Jane Greyf, Esq.

    437
      Madison Avenue

    New
      York,
      NY 10022

    Fax:
      (866) 516-0358 

    

    or
      to
      such other address of which written notice is given to the others.

     

    C. This
      Placement Agent Agreement shall be governed by and construed in all respects
      under the laws of the State of New York, without reference to its conflict
      of
      laws rules or principles. Any suit, action, proceeding or litigation arising
      out
      of or relating to this Placement Agent Agreement shall be brought and prosecuted
      only in federal and state courts in the City, County and State of New York.
      The
      parties hereby irrevocably and unconditionally consent to the jurisdiction
      of
      each such court or courts located within the State of New York and to service
      of
      process by registered or certified mail, return receipt requested, or by any
      other manner provided by applicable law, and hereby irrevocably and
      unconditionally waive any right to claim that any suit, action, proceeding
      or
      litigation so commenced has been commenced in an inconvenient
      forum.

     

    D. This
      Placement Agent Agreement and the other agreements referenced herein contain
      the
      entire understanding between the parties hereto with respect to the subject
      Offering and may not be modified or amended except by a writing duly signed
      by
      the party against whom enforcement of the modification or amendment is
      sought.

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

     

    E. If
      any
      provision of this Placement Agent Agreement shall be held to be invalid or
      unenforceable, such invalidity or unenforceability shall not affect any other
      provision of this Placement Agent Agreement.

     

    [Remainder
      of page left intentionally blank]

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties hereto have executed this Placement Agent Agreement
      as of the date first written above.

    

    

    
      	
              MORLEX,
                INC.

            
	 	 
	
              By:

            	
              /s/
                Richard J. Berman

            
	 	
              Name:
                Richard J. Berman

            
	 	
              Title:
                Chief Executive Officer

            

    

    

    
      	
              JOSEPH
                GUNNAR & CO., LLC

            
	 	 
	
              By:
                

            	
              /s/
                Stephan A. Stein

            
	 	
              Name:
                Stephan A. Stein

            
	 	
              Title:
                Chief Operating OfficerEMPLOYMENT
      AGREEMENT

     

    WHEREAS,
      Pursuant to a Stock Purchase Agreement dated November 14, 2007 (“Purchase
      Agreement”),
      All
      Ad Acquisition, Inc., a Delaware corporation (“Company”),
      has
      agreed to purchase (“Purchase”)
      100%
      of the shares of Ad Authority, Inc., a Delaware corporation from Iakona, Inc.,
      a
      California corporation;

     

    WHEREAS,
      contingent on and effective as of the closing of the Purchase (“Effective
      Date”)
      the
      Company desires to employ Jason J. Kulpa (“Executive”),
      and
      the Executive desires to be employed by the Company, on the terms and conditions
      set forth herein;

     

    WHEREAS,
      the
      Company’s Board of Directors (the “Board”)
      has
      approved and authorized the entry into this Agreement with the
      Executive.

     

    NOW
      THEREFORE,
      in
      consideration of the mutual covenants contained in this Agreement, the Company
      and the Executive agree that the Executive shall be employed by the Company
      in
      accordance with the following terms and conditions:

     

    1. Duties
      and Scope of Employment.

     

    a. Position
      and Duties.
      As of
      the Effective Date, the Executive will serve as Chief Executive Officer
      (“CEO”)
      of the
      Company. The Executive shall render such business and professional services
      in
      the performance of his duties as the CEO of the Company, consistent with the
      Executive’s position within the Company, as shall reasonably be assigned to him
      by the Board. The Executive shall report to the Board. Executive’s place of work
      shall be San Diego, California.

     

    b. Obligations.
      During
      the Executive’s employment with the Company (the “Employment
      Period”),
      the
      Executive shall perform his duties faithfully and to the best of his ability
      and
      shall devote his full business efforts and time to the Company. The Executive
      is
      permitted to engage in (i) civic and charitable organization activities that
      do
      not materially interfere with his responsibilities to the Company; (ii)
      membership on the board of directors and advisory board of companies (and
      activities related thereto) that are not in competition with the Company; and
      (iii) personal and family investments to the extent that the time so spent
      does
      not interfere with Executive’s duties to the Company. For the duration of the
      Executive’s employment with the Company, the Executive agrees not to engage in
      any other employment, occupation or consulting activity, whether or not for
      compensation, which is in competition with the Company.

     

    2. Term.
      The
      term of employment under this Agreement (the “Initial
      Term”)
      begins
      at the Effective Date and extends for two (2) years. This Agreement may be
      renewed for such time as the parties agree (a “Renewal Term”). The Initial Term
      plus any Renewal Term then in effect are the term of this Agreement (the
“Employment Term”). The Employment Term may be terminated early as provided in
      this Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    3. Compensation.

     

    a. Base
      Salary.
      The
      Company shall pay the Executive an annual salary of $240,000 as compensation
      for
      the Executive’s services (the “Base
      Salary”).
      The
      amount of the Base Salary will be reviewed annually during the Employment Term
      by the Board, and may be increased by the Board. The Base Salary shall be paid
      periodically in accordance with the Company’s normal payroll practices and shall
      be subject to all required withholding and any payroll deductions elected by
      the
      Executive.

     

    b. Performance
      Bonus.
      The
      Executive shall receive a performance bonus, for each calendar year in the
      amount of 10% of earnings before interest, taxes, depreciation and amortization
      of the Company and all consolidated businesses calculated pursuant to generally
      accepted principles and in a manner consistent with Company’s past practices
      (the “Performance
      Bonus”).
      Such
      Performance Bonus is deemed earned at the end of the calendar year and shall
      be
      payable, if at all, within sixty (60) days of the end of the calendar
      year.

     

    c. Stock
      Awards.
      The
      Company agrees to adopt an equity incentive plan reasonably approved by
      Executive within 90 days after the Closing and award equity compensation to
      Employee on a basis that is no less favorable than that received by similarly
      situated officers, directors and employees of the Company.

     

    d. Benefits.
      The
      Executive will be entitled to participate in or receive any fringe benefit,
      retirement, health and welfare, and other employee benefit plans, policies,
      or
      arrangements maintained by the Company for its senior management employees
      in
      effect from time to time which the Executive is eligible to participate, subject
      to the applicable terms and conditions of the particular benefit plan or policy
      and/or the determination of the Board, as applicable.

     

    e. Vacation.
      During
      the Employment Period, the Executive will be entitled to four (4) weeks of
      paid
      vacation per year in accordance with the Company’s vacation policy, with the
      timing and duration of specific vacations mutually and reasonably agreed to
      by
      the Board and the Executive.

     

    4. Expenses.
      During
      the Employment Period, the Company will reimburse the Executive for reasonable
      travel, entertainment or other expenses incurred by the Executive in the
      furtherance of or in connection with the performance of the Executive’s duties
      hereunder, in accordance with the Company’s expense reimbursement policy as in
      effect from time to time, including, without limitation, business class travel
      for all flights over two (2) hours, provision of use of a reasonable automobile
      for business purposes (along with gas, insurance and maintenance thereon) and
      a
      portable telephone, Blackberry or similar device (along with all access and
      use
      charges). Executive shall be reimbursed for the full cost of first class air
      travel for flights up to two hours or train travel on Company
      business.

     

    
      
        
        

      

      
        -
          2 -

        
          

        

      

      
        
        

      

    

     

    5. Severance.

     

    a. Termination
      not for Cause or for Good Reason.
      If the
      Executive’s employment is terminated by the Company without Cause (as defined in
      Section 6 below) or if the Executive terminates his employment for Good Reason
      (as defined in Section 6 below), then, (1) Executive’s non-competition
      obligations shall be limited as provided in the Purchase Agreement and set
      forth
      in the Non-Competition Agreement; and (2) contingent, in each case, upon the
      Executive entering into a waiver of release and claims in favor of the Company
      in substantially the form as attached hereto as Exhibit A, the Executive shall
      be entitled to receive:

     

    (i) a
      one-time lump sum payment in an amount equal to the aggregate of twelve (12)
      months of the Executive’s then current Base Salary and two times (1) the greater
      of Executive’s Performance Bonus for the year of termination or (2) the largest
      bonus paid to Executive over the past three (3) years;

     

    (ii) reimbursement
      for any premiums for health (i.e., medical, vision and dental) coverage and
      benefits that the Executive qualifies for under COBRA; provided, however, that
      (x) the Executive constitutes a qualified beneficiary, as defined in Section
      4980B(g)(1) of the Code; and (y) the Executive elects continuation coverage
      pursuant to COBRA, within the time period prescribed pursuant to COBRA. The
      Company shall continue to provide the Executive with health coverage until
      the
      earliest of (x) the date the Executive is no longer eligible to receive
      continuation coverage pursuant to COBRA, (y) eighteen (18) months from the
      termination date or (z) the date on which the Executive obtains comparable
      health coverage. The Executive shall notify the Company promptly after the
      Executive obtains alternative health coverage and the Company shall determine,
      in its sole discretion, if such health coverage is comparable; and

     

    (iii) immediately
      upon such termination, all stock options or other stock-based awards granted
      by
      the Company to the Executive that are outstanding and, if applicable,
      unexercised shall become vested and exercisable as to one hundred percent (100%)
      of the shares subject to each such option (in addition to any shares subject
      to
      the options that are vested at the time of the termination of employment);
      with
      respect to any awards of stock subject to a right of repurchase by the Company
      (or its successor) one hundred percent (100%) of the shares subject to each
      such
      award shall have such repurchase rights lapse (in addition to any repurchase
      rights that have lapsed prior to the termination of employment). All outstanding
      options shall remain exercisable for three (3) years from the date of
      termination. Any options shall remain exercisable for the remainder of their
      maximum term.

     

    b. Voluntary
      Termination; Termination for Cause.
      If the
      Executive’s employment with the Company terminates voluntarily by the Executive
      (other than a termination for Good Reason) or for Cause by the Company, then
      all
      payments of compensation by the Company to the Executive hereunder other than
      that set forth in subsection (a)(iii) above will terminate immediately upon
      the
      effective date of such termination (except as provided in Section 5(d)
      below).

     

    c. [Intentionally
      deleted].

     

    d. Accrued
      Wages and Vacation; Expenses.
      Without
      regard to the reason for, or the timing of, the Executive’s termination of
      employment: (i) the Company shall pay the Executive any unpaid Base Salary
      due
      for periods prior to the date of termination; (ii) the Company shall pay the
      Executive all of the Executive's accrued and unused vacation through the date
      of
      termination; and (iii) following submission of proper expense reports by the
      Executive, the Company shall reimburse the Executive for all expenses reasonably
      and necessarily incurred by the Executive in connection with the business of
      the
      Company prior to the date of termination. These payments shall be made promptly
      upon termination and within the period of time mandated by law.

     

    
      
        
        

      

      
        -
          3 -

        
          

        

      

      
        
        

      

    

     

    6. Definitions.

     

    a. Cause.
      For
      purposes of this Agreement, “Cause” means any of the following that are not
“cured” within thirty (30) days after receipt of written notice from Company
      specifying such breach or default and the specific steps necessary to cure
      such
      breach or default: (i) the Executive’s willful failure to perform his material
      duties as an officer or employee of the Company or a material breach of a
      material term of this Agreement; (ii) the commission of an act of fraud,
      embezzlement or material dishonesty that results in substantial personal
      enrichment to the Executive; (iii) the Executive’s conviction of, or plea of
      nobo contendere to a felony; (iv) the Executive’s gross negligence or breach of
      fiduciary duty that results in material harm to the Company; (v) the material
      breach of a material term of the Non-Competition/Non-Solication and Proprietary
      Inventions and Assignment Agreements (attached as Exhibits hereto) or (vi)
      the
      commission of an act which constitutes competition with the Company or any
      of
      its affiliates.

     

    b. Change
      in Control.
      For
      purposes of this Agreement, “Change in Control” shall mean the occurrence of any
      of the following events:

     

    (i) the
      date
      on which any “person” (as such term is used in Sections 13(d) and 14(d) of the
      Securities Exchange Act of 1934, as amended (the “Exchange
      Act”))
      obtains “beneficial ownership” (as defined in Rule 13d-3 of the Exchange Act) or
      a pecuniary interest in fifty percent (50%) or more of the combined voting
      power
      of the Company’s then outstanding securities (“Voting
      Stock”);

     

    (ii) the
      consummation of a merger, consolidation, reorganization, or similar transaction
      other than a transaction: (1) in which substantially all of the holders of
      the
      Voting Stock hold or receive directly or indirectly fifty percent (50%) or
      more
      of the Voting Stock of the resulting entity or a parent company thereof, in
      substantially the same proportions as their ownership of the Company immediately
      prior to the transaction; or (2) in which the holders of the Company’s capital
      stock immediately before such transaction will, immediately after such
      transaction, hold as a group on a fully diluted basis the ability to elect
      at
      least a majority of the directors of the surviving corporation (or a parent
      company); or

     

    (iii) there
      is
      consummated a sale, lease, exclusive license, or other disposition by Company
      of
      all or substantially all of the consolidated assets of the Company and its
      affiliates, other than a sale, lease, license, or other or other disposition
      by
      Company of all or substantially all of the consolidated assets of the Company
      and its affiliates to an entity, fifty percent (50%) or more of the combined
      voting power of the voting securities of which are owned by stockholders of
      the
      Company in substantially the same proportions as their ownership of the Company
      immediately prior to such sale, lease, license, or other or other disposition
      by
      Company.

     

    
      
        
        

      

      
        -
          4 -

        
          

        

      

      
        
        

      

    

     

    c. COBRA.
      For
      purposes of this Agreement, “COBRA” means the Consolidated Omnibus Budget
      Reconciliation Act of 1985, as amended.

     

    d. Code.
      For
      purposes of this Agreement, the “Code” means the Internal Revenue Code of 1986,
      as amended.

     

    e. Good
      Reason.
      For
      purposes of this Agreement, “Good Reason” means (i) without the Executive’s
      express written consent, a reduction of the Executive’s duties, position or
      responsibilities relative to the Executive’s duties, position or
      responsibilities in effect immediately prior to such reduction, or the removal
      of the Executive from such position, duties and responsibilities, unless the
      Executive is provided with comparable duties, position and responsibilities;
      for
      purposes of clarification, a reduction in duties, position or responsibilities
      solely by virtue of the Company being acquired and made part of a larger entity
      (as, for example, when the Chief Executive Officer of the Company remains as
      such following a Change in Control but is not made the Chief Executive Officer
      of the acquiring entity or, if applicable, its parent) shall constitute “Good
      Reason,” (ii) without the Executive’s express written consent, a reduction from
      the immediately preceding year of the Executive’s Base Salary (other than a
      reduction effected in connection with an across-the-board reduction in the
      compensation of the Company’s executive management team necessitated by the
      business or financial condition of the Company where the reduction to the
      Executive is no worse than the median percentage reduction to other executives),
      (iii) a relocation of the Executive more than thirty (30) miles from his then
      current principal place of business, or (iv) the failure of the Company to
      require any successor to the Company to assume, in writing, the obligations
      of
      the Company to the Executive under this Agreement and any other agreement
      between the Company and the Executive then in effect; (v) Company’s or Buyers
      (as defined in the Purchase Agreement) breach that is not timely cured of this
      Agreement, the Purchase Agreement or any other written or oral agreement with
      Executive; or (vi) Executive’s death or disability.

     

    7. Board
      Membership.
      The
      Executive’s membership on the Board shall continue during his employment with
      the Company and, by execution of this Agreement, the Executive agrees to tender
      the Executive’s resignation from the Board, contingent and effective upon the
      termination of his employment with the Company.

     

    8. Restrictive
      Covenants.
      The
      Executive agrees to execute the Proprietary Interests and Inventions Agreement,
      Arbitration Agreement and Non-Competition/Non-Solicitation Agreement attached
      hereto as Exhibits B, C and D, respectively.

     

    9. Limitation
      on Payments.

     

    a. In
      the
      event that the severance and other benefits provided for in this Agreement
      or
      otherwise payable to the Executive (i) constitute “parachute payments” within
      the meaning of Section 280G of the Code, and (ii) would be subject to the excise
      tax imposed by Section 4999 of the Code (the “Excise
      Tax”),
      then,
      the Executive's benefits under this Agreement shall be either:

     

    (i) delivered
      in full, or

     

    
      
        
        

      

      
        -
          5 -

        
          

        

      

      
        
        

      

    

     

    (ii) delivered
      as to such lesser extent which would result in no portion of such benefits
      being
      subject to the Excise Tax (the “Adjusted
      Amount”),
      whichever of the foregoing amounts, taking into account the applicable federal,
      state and local income taxes and the Excise Tax, results in the receipt by
      the
      Executive on an after-tax basis, of the greatest amount of benefits,
      notwithstanding that all or some portion of such benefits may be taxable under
      Section 4999 of the Code.

     

    b. Unless
      the Company and the Executive otherwise agree in writing, any determination
      required under this Section shall be made in writing by a mutually agreed
      independent public accounting firm or other independent third party (the
“Accountants”),
      whose
      determination in accordance with subsection 9.c. shall be conclusive and binding
      upon the Executive and the Company for all purposes. The Company shall bear
      all
      costs the Accountants may reasonably incur in connection with any calculations
      and opinions contemplated by this Section 9.

     

    c. For
      purposes of making the calculations required by this Section, the Accountants
      may make reasonable assumptions and approximations concerning applicable taxes
      and may rely on reasonable, good faith interpretations concerning the
      application of Section 280G and 4999 of the Code. The Company and the Executive
      shall furnish to the Accountants such information and documents as the
      Accountants may reasonably request in order to make a determination under this
      Section. The Accountants shall provide their calculations, together with
      detailed supporting documentation, to the Company and the Executive at least
      fifteen (15) calendar days before the date on which the Executive’s right to
      benefits pursuant to this Agreement is triggered (if requested at that time
      by
      the Company or the Executive at least 30 days before such event) or such other
      time as mutually agreed by the Company and the Executive. If the Accountants
      determine that no Excise Tax is payable with respect to the benefits provided
      pursuant to this Agreement, either before or after the application of the
      Adjusted Amount, it shall furnish the Company and the Executive with an opinion
      reasonably acceptable to the Executive that no Excise Tax will be imposed with
      respect to such benefits and payments. Any good faith determinations of the
      Accountants made hereunder shall be final, binding and conclusive upon the
      Company and the Executive.

     

    10. Section
      409A.

     

    a. Amendment.
      It is
      the Company’s intention that the benefits and rights to which the Executive
      could become entitled to in connection with this Agreement, including any
      termination of employment, comply with Section 409A of the Code. If the
      Executive or the Company believes, at any time, that any such benefit or right
      does not comply, it will promptly advise the other and both parties will
      negotiate reasonably and in good faith to amend the terms of this Agreement
      so
      that it complies with Section 409A of the Code in the manner that has the most
      limited possible economic effect on the Executive.

     

    b. Actions.
      The
      Company will not take any action that would expose any payment or benefit to
      the
      Executive to accelerated or additional tax under Section 409A of the Code,
      unless (i) the Company is obligated to take the action under an agreement,
      plan
      or arrangement to which the Executive is a party; (ii) the Executive requests
      the action; (iii) the Company advises the Executive in writing that the action
      may result in the imposition of accelerated or additional tax under Section
      409A
      of the Code and the Executive subsequently requests in writing that the action
      be taken. The Company will hold the Executive harmless for any action it may
      take in violation of this paragraph, including any attorney’s fees that the
      Executive may
      incur
      in enforcing his rights hereto.

     

    
      
        
        

      

      
        -
          6 -

        
          

        

      

      
        
        

      

    

     

    11. Assignment.
      This
      Agreement will be binding upon and inure to the benefit of (a) the heirs,
      executors and legal representatives of the Executive upon the Executive’s death
      or disability and (b) any successor of the Company. Any such successor of the
      Company will be deemed substituted for the Company under the terms of this
      Agreement for all purposes. For this purpose, “successor” means any person,
      firm, corporation or other business entity that at any time, whether by
      purchase, merger or otherwise, directly or indirectly acquires all or
      substantially all of the assets or business of the Company and expressly assumes
      all of Company’s obligations hereunder. None of the rights of the Executive to
      receive any form of compensation payable or any obligations of the Executive
      pursuant to this Agreement may be assigned or transferred, except, with respect
      to compensation, by will or the laws of descent and distribution. Any other
      attempted assignment, transfer, conveyance or other disposition of the
      Executive’s right to compensation or other benefits shall be null and
      void.

     

    12. Notices.
      All
      notices, requests, demands and other communications called for hereunder shall
      be in writing and shall be deemed given (i) on the date of delivery if delivered
      personally, (ii) one (1) day after being sent by a well established commercial
      overnight service, or (iii) four (4) days after being mailed by registered
      or
      certified mail, return receipt requested, prepaid and addressed to the parties
      or their successors at the following addresses, or at such other addresses
      as
      the parties may later designate in writing:

     

    If
      to the
      Company:

     

    All
      Ad
      Acquisition, Inc.

    c/o
      Duncan Capital Partners, LLP

    420
      Lexington Avenue, Ste. 450

    New
      York,
      New York 10155

    Attention:
      Michael Crow

    Telephone:
      (212) 581-5150

    Facsimile:
      (212) 581-5198

     

    Greenberg
      Traurig

    MetLife
      Building

    200
      Park
      Avenue

    New
      York,
      New York 10166

    Attention:
      Robert Cohen, Shareholder

    Telephone:
      (212) 801-6907

    Facsimile:
      (212) 801-6400

    E-mail:
      cohenr@gtlaw.com Web: www.gtlaw.com

     

    If
      to the
      Executive:

     

    At
      the
      last residential address known by the Company.

     

    
      
        
        

      

      
        -
          7 -

        
          

        

      

      
        
        

      

    

     

    13. Severability.
      If any
      term or provision of this Agreement shall to any extent be declared illegal
      or
      unenforceable by arbitrator(s) or by a duly authorized court of competent
      jurisdiction, then the remainder of this Agreement or the application of such
      term or provision in circumstances other than those as to which it is so
      declared illegal or unenforceable, shall not be affected thereby, each term
      and
      provision of this Agreement shall be valid and enforceable to the fullest extent
      permitted by law and the illegal or unenforceable term or provision shall be
      deemed replaced by a term or provision that is valid and enforceable and that
      comes closest to expressing the intention of the invalid or unenforceable term
      of provision.

     

    14. Integration.
      This
      Agreement and the documents and agreements expressly incorporated herein by
      reference represent the entire agreement and understanding between the parties
      as to the subject matter herein and supersede all prior or contemporaneous
      agreements whether written or oral. No waiver, alteration, or modification
      of
      any of the provisions of this Agreement shall be binding unless in writing
      and
      signed by duly authorized representatives of the parties hereto.

     

    15. Waiver
      of Breach.
      Any
      waiver of a breach of any term or provision of this Agreement, must be in
      writing to be effective or binding on the parties and shall not operate as
      or be
      construed to be a waiver of any other previous or subsequent breach of this
      Agreement.

     

    16. Headings.
      All
      captions and section headings used in this Agreement are for convenient
      reference only and do not form a part of this Agreement.

     

    17. Withholding.
      The
      Company shall be entitled to withhold, or cause to withheld, from any payment
      made to the Executive in respect of the Executive’s employment by the Company
      any amount of, as, or on account of, withholding taxes and other amounts
      required by law to be withheld, with respect to such payment.

     

    18. Governing
      Law.
      This
      Agreement shall be governed by the laws of the State of California (with the
      exception of its conflict of laws provisions).

     

    19. Acknowledgment.
      The
      Executive acknowledges that he has had the opportunity to discuss this matter
      with and obtain advice from his private attorney, has had sufficient time to,
      and has carefully read and fully understands all the provisions of this
      Agreement, and is knowingly and voluntarily entering into this
      Agreement.

     

    20. Waiver
      and Release.
      Except
      with respect to Company’s obligation to make salary, bonus and other payments,
      distributions and reimbursements to Executive and his affiliates (including,
      without limitation, Iakona, Inc., Blue Label Financial Services, Inc. and Blue
      Label Funding, Inc.) that accrued prior to the Effective Date, Executive’s
      rights as a shareholder of Company and Company’s statutory, contractual and
      other obligations to provide indemnification to any of the persons or entities
      listed above in consideration for entering this Agreement, the Executive and
      the
      Company, along with and for its predecessors, successors, agents, employees,
      shareholders, parent and subsidiary companies, officers, directors, and assigns,
      hereby release, remise, acquit, and forever discharge each other of and from
      any
      and all claims, demands, acts, omissions, causes of action, and/or other
      liability of any kind, whether known or unknown, arising prior to the date
      of
      this Agreement.

     

    
      
        
        

      

      
        -
          8 -

        
          

        

      

      
        
        

      

    

     

    21. Counterparts.
      This
      Agreement may be executed in counterparts and by facsimile, and each counterpart
      shall have the same force and effect as an original and shall constitute an
      effective, binding agreement on the part of each of the
      undersigned.

     

    (Signature
      Page Follows)

     

    
      
        
        

      

      
        -
          9 -

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the undersigned have executed this Employment Agreement on
      the
      respective dates set forth below.

     

    Parties:

    

      
        	
                ALL
                  AD ACQUISITION, INC.

              	 	
                EXECUTIVE

              
	 	 	 
	
                By:
                  

              	
                /s/
                  Michael Crow

              	 	
                /s/
                  Jason Kulpa

              
	 	 	 
	
                Name:

              	 	 	
                Date:

              	 
	 	 	 
	
                Title:

              	 	 	
                The
                  Executive’s Address for Notice:

              
	 	 	 
	
                Date:
                  

              	
                4-15-07

              	 	
                906
                  West Lewis

              
	 	 	
                San
                  Diego, California 92103

              

      

    

    

    Signature
      Page of Employment Agreement

     

    
      
        
        

      

      
        -
          10 -

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A

     

    RELEASE
      OF CLAIMS AGREEMENT

     

    I
      understand that my employment with All Ad Acquisition, Inc. (the “Company”)
      terminated effective , ____ (the “Separation Date”). The Company has agreed that
      if I choose to sign this Release Agreement (“Release”), the Company will pay me
      certain severance benefits (minus standard withholdings and deductions) pursuant
      to the terms of the Employment Agreement between myself and the Company, dated
      ________ (the “Agreement”). I understand that I may not be entitled to such
      benefits unless I sign this Release and it becomes fully effective. I understand
      that, regardless of whether I sign this Release, the Company will pay me all
      of
      my accrued salary and vacation through the Separation Date, to which I am
      entitled by law.

     

    In
      consideration for the severance benefits I am receiving under the Agreement,
      as
      described therein except with respect to Company’s obligation to make salary,
      bonus and other payments, distributions and reimbursements to Executive and
      his
      affiliates (including, without limitation, Iakona, Inc., Blue Label Financial
      Services, Inc. and Blue Label Funding, Inc.) that accrued prior to the date
      hereof, Executive’s rights as a shareholder of Company and Company’s statutory,
      contractual and other obligations to provide indemnification to any of the
      persons or entities listed above (collectively, “Excluded Claims”), I hereby
      generally and completely release the Company, its directors, officers,
      employees, shareholders, partners, agents, attorneys, predecessors, successors,
      parent and subsidiary entities, insurers, affiliates, and assigns from any
      and
      all claims, liabilities and obligations, both known and unknown, that arise
      out
      of or are in any way related to events, acts, conduct, or omissions occurring
      prior to my signing this Agreement. This general release includes, but is not
      limited to: (1) all claims arising out of or in any way related to my employment
      with the Company; (2) all claims related to my compensation or benefits from
      the
      Company, including salary, bonuses, commissions, vacation pay, expense
      reimbursements, severance pay, fringe benefits, stock awards, stock options,
      or
      any other ownership interests in the Company; (3) all claims for breach of
      contract, wrongful termination, and breach of the implied covenant of good
      faith
      and fair dealing; (4) all tort claims, including claims for fraud, defamation,
      emotional distress, and discharge in violation of public policy; and (5) all
      federal, state, and local statutory claims, including claims for discrimination,
      harassment, retaliation, attorneys’ fees, or other claims arising under the
      federal Civil Rights Act of 1964 (as amended), the federal Americans with
      Disabilities Act of 1990, the federal Age Discrimination in Employment Act
      of
      1967 (as amended) (“ADEA”), and the California Fair Employment and Housing Act
      (as amended). Notwithstanding anything contained in this Release, nothing herein
      shall release the parties’ rights under this Release and my right (if any) to
      indemnification granted by any act or agreement of the Company, state or federal
      law or policy of insurance or any claims for severance benefits under the
      Agreement.

     

    In
      releasing claims unknown to me at present, except with respect to the Excluded
      Claims, I am waiving all rights and benefits under Section 1542 of the
      California Civil Code, and any law or legal principle of similar effect in
      any
      jurisdiction: “A
      general release does not extend to claims which the creditor does not know
      or
      suspect to exist in his or her favor at the time of executing the release,
      which
      if known by him or her must have materially affected his or her settlement
      with
      the debtor.”

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    I
      understand this Release will not be effective until the ADEA Effective Date,
      defined below. I acknowledge that I am knowingly and voluntarily waiving and
      releasing any rights I may have under the ADEA. I also acknowledge that the
      consideration given for the waiver in the above paragraph is in addition to
      anything of value to which I was already entitled. I have been advised by this
      writing, as required by the ADEA that: (a) my waiver and release do not apply
      to
      any claims that may arise after my signing of this Release; (b) I should consult
      with an attorney prior to signing this Release; (c) I have twenty-one (21)
      days
      within which to consider this Release (although I may choose to voluntarily
      sign
      this Release earlier); (d) I have seven (7) days after I sign this Release
      to
      revoke it; and (e) this Release will not be effective until the eighth day
      after
      this Release has been signed by me (the “ADEA Effective Date”).

     

    I
      accept
      and agree to the terms and conditions stated above:

    

    
      	 	 	 
	
              Date

            	 	
              Jason
                J. Kulpa

            

    

     

    
      
        
        

      

      
        A-2

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      B

     

    PROPRIETARY
      INFORMATION AND INVENTIONS AGREEMENT

     

    The
      following Agreement confirms certain terms of my employment with All Ad
      Acquisition, Inc., (hereafter referred to as the “Company”), which is a material
      part of the consideration for my employment by the Company and the compensation
      received by me from the Company from time to time. The headings contained in
      this Agreement are for convenience only, have no legal significance, and are
      not
      intended to change or limit this Agreement in any matter
      whatsoever.

     

    Definitions

     

    The
      “Company”

     

    As
      used
      in this Agreement, the “Company” refers to All Ad Acquisition, Inc. I understand
      and agree that the terms of this Agreement will continue to apply to me even
      if
      I transfer at some time from one subsidiary or affiliate of the Company to
      another.

     

    “Proprietary
      Information”

     

    I
      understand that the Company possesses and will possess Proprietary Information
      which is important to its business. For purposes of this Agreement, “Proprietary
      Information” is information that was or will be developed, created, or
      discovered by or on behalf of the Company, or which became or will become known
      by, or was or is conveyed to, the Company, which has commercial value in the
      Company’s business and which relates to any of the Company’s business
      operations, products or services.

     

    “Proprietary
      Information” includes, but is not limited to information about software programs
      and subroutines, source and object code, algorithms, trade secrets, designs,
      technology, know-how, processes, data, ideas, techniques, inventions (whether
      patentable or not), works of authorship, formulas, business and product
      development plans, customer lists, terms of compensation and performance levels
      of Company employees, Company customers and other information concerning the
      Company’s actual or anticipated business, research or development, or which is
      received in confidence by or for the Company from any other person.

     

    I
      understand that my employment creates a relationship of confidence and trust
      between the Company and me with respect to Proprietary Information.

     

    “Company
      Documents and Materials”

     

    I
      understand that the Company possesses or will possess “Company Documents and
      Materials” which are important to its business. For purposes of this Agreement,
“Company Documents and Materials” are documents or other media or tangible items
      that contain or embody Proprietary Information or any other information
      concerning the business, operations or plans of the Company, whether such
      documents, media or items have been prepared by me or by others.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    “Company
      Documents and Materials” include, but are not limited to, blueprints, drawings,
      photographs, charts, graphs, notebooks, customer lists, computer disks, tapes
      or
      printouts, sound recordings and other printed, typewritten or handwritten
      documents, sample products, prototypes and models.

     

    Assignment
      of Rights

     

    All
      Proprietary Information and all patents, patent rights, copyrights, trade secret
      rights, trademark rights and other rights (including, without limitation,
      intellectual property rights) anywhere in the world in connection therewith
      is
      and shall be the sole property of the Company. I hereby assign to the Company
      any and all rights, title and interest I may have or acquire in any Proprietary
      Information that was developed in whole or in part by me in the course of my
      employment by the Company.

     

    At
      all
      times, both during my employment by the Company and after its termination,
      I
      will keep in confidence and trust and will not use or disclose any Proprietary
      Information or anything relating to it without the prior written consent of
      an
      officer of the Company, except as may be necessary in the ordinary course of
      performing my duties to the Company.

     

    Maintenance
      and Return of Company Documents and Materials

     

    I
      agree
      to make and maintain adequate and current written records, in a form specified
      by the Company, of all inventions, trade secrets and works of authorship
      assigned from me or to be assigned to the Company pursuant to this Agreement.
      All Company Documents and Materials are and shall be the sole property of the
      Company.

     

    I
      agree
      that during my employment by the Company, I will not remove any Company
      Documents and Materials from the business premises of the Company or deliver
      any
      Company Documents and Materials to any person or entity outside the Company,
      except as I am required to do in connection with performing the duties of my
      employment. I further agree that, immediately upon the termination of my
      employment by me or by the Company for any reason, or during my employment
      if so
      requested by the Company, I will return all Company Documents and Materials,
      apparatus, equipment and other physical property, or any reproduction of such
      property, excepting only (i) my personal copies of records relating to my
      compensation; (ii) my personal copies of any materials previously distributed
      generally to Employees of the Company; and (iii) my copy of this
      Agreement.

     

    Disclosure
      of Inventions to the Company

     

    I
      will
      promptly disclose in writing to my immediate supervisor or to such other person
      designated by the Company all “Inventions,” which includes, without limitation,
      all software programs or subroutines, source or object code, algorithms,
      improvements, inventions, works of authorship, trade secrets, technology,
      designs, formulas, ideas, processes, techniques, know-how and data, whether
      or
      not patentable, made or discovered or conceived or reduced to practice or
      developed by me, either alone or jointly with others, during the term of my
      employment which relate to any of the Company’s business operations, products or
      services.

     

    
      
        
        

      

      
        B-2

        
          

        

      

      
        
        

      

    

     

    I
      will
      also disclose to the President of the Company all Inventions made, discovered,
      conceived, reduced to practice, or developed by me within six (6) months after
      the termination of my employment with the Company which resulted, in whole
      or in
      part, from my prior employment by the Company. Such disclosures shall be
      received by the Company in confidence (to the extent such Inventions are not
      assigned to the Company pursuant to Section (E) below) and do not extend the
      assignment made in Section (E) below.

     

    Right
      to
      New Ideas

     

    Assignment
      of Inventions to the Company

     

    I
      agree
      that all Inventions which I make, discover, conceive, reduce to practice or
      develop (in whole or in part, either alone or jointly with others) during my
      employment shall be the sole property of the Company to the maximum extent
      permitted by Section 2870 of the California Labor Code or any like statute
      of
      any other state. Section 2870 provides as follows:

     

    Any
      provision in an employment agreement which provides that an employee shall
      assign, or offer to assign, any of his or her rights in an invention to his
      or
      her employer shall not apply to an invention that the employee developed
      entirely on his or her own time without using the employer’s equipment,
      supplies, facilities, or trade secret information except for those inventions
      that either:

     

    
      	 	
              (1)

            	
              Relate
                at the time of conception or reduction to practice of the invention
                to the
                employer’s business, or actual or demonstrably anticipated research or
                development of the employer.

            

    

     

    
      	 	
              (2)

            	
              Result
                from any work performed by the employee for his
                employer.

            

    

     

    To
      the
      extent a provision in an employment agreement purports to require an employee
      to
      assign an invention otherwise excluded from being required to be assigned under
      subdivision (a), the provision is against the public policy of this state and
      is
      unenforceable.

     

    This
      assignment shall not extend to Inventions, the assignment of which is prohibited
      by Labor
      Code
      Section
      2870.

     

    Works
      Made for Hire

     

    The
      Company shall be the sole owner of all patents, patent rights, copyrights,
      trade
      secret rights, trademark rights and all other intellectual property or other
      rights in connection with Inventions. I further acknowledge and agree that
      such
      Inventions, including, without limitation, any computer programs, programming
      documentation, and other works of authorship, are “works made for hire” for
      purposes of the Company’s rights under copyright laws. I hereby assign to the
      Company any and all rights, title and interest I may have or acquire in such
      Inventions. If in the course of my employment with the Company, I incorporate
      into a Company product, process or machine a prior Invention owned by me or
      in
      which I have interest, the Company is hereby granted and shall have a
      nonexclusive, royalty-free, irrevocable, perpetual, sublicensable, worldwide
      license to make, have made, modify, use, market, sell and distribute such prior
      Invention as part of or in connection with such product, process or
      machine.

     

    
      
        
        

      

      
        B-3

        
          

        

      

      
        
        

      

    

     

    Cooperation

     

    I
      agree
      to perform, during and after my employment, all acts deemed necessary or
      desirable by the Company to permit and assist it, at the Company’s expense, in
      further evidencing and perfecting the assignments made to the Company under
      this
      Agreement and in obtaining, maintaining, defending and enforcing patents, patent
      rights, copyrights, trademark rights, trade secret rights or any other rights
      in
      connection with such Inventions and improvements thereto in any and all
      countries. Such acts may include, but are not limited to, execution of documents
      and assistance or cooperation in legal proceedings. I hereby irrevocably
      designate and appoint the Company and its duly authorized officers and agents,
      as my agents and attorney-in-fact to act for and on my behalf and instead of
      me,
      to execute and file any documents, applications or related findings and to do
      all other lawfully permitted acts to further the purposes set forth above in
      this Subsection (3), including, without limitation, the perfection of assignment
      and the prosecution and issuance of patents, patent applications, copyright
      applications and registrations, trademark applications and registrations or
      other rights in connection with such Inventions and improvements thereto with
      the same legal force and effect as if executed by me.

     

    Assignment
      or Waiver of Moral Rights

     

    Any
      assignment of copyright hereunder (and any ownership of a copyright as a work
      made for hire) includes all rights of paternity, integrity, disclosure and
      withdrawal and any other rights that may be known as or referred to as “moral
      rights” (collectively “Moral Rights”). To the extent such Moral Rights cannot be
      assigned under applicable law and to the extent the following is allowed by
      the
      laws in the various countries where Moral Rights exist, I hereby waive such
      Moral Rights and consent to any action of the Company that would violate such
      Moral Rights in the absence of such consent.

     

    List
      of
      Inventions

     

    I
      have
      attached hereto as Exhibit B-1, a complete list of all inventions or
      improvements to which I claim ownership and that I desire to remove from the
      operation of this Agreement, and I acknowledge and agree that such list is
      complete. If no such list is attached to this Agreement, I represent that I
      have
      no such inventions or improvements at the time of signing this
      Agreement.

     

    Non-Solicitation
      of Company Employees

     

    During
      the Restricted Period (as defined in the Non-Competition/Non-Solicitation
      Agreement, dated November 14, 2007, by and between the Company and me), I will
      not encourage or solicit any employee of the Company to leave the Company for
      any reason or to accept employment with any other company. As part of this
      restriction, I will not interview or provide any input to any third party
      regarding any such person during the period in question. However, this
      obligation shall not affect any responsibility I may have as an employee of
      the
      Company with respect to the bona fide hiring and firing of Company
      personnel.

     

    
      
        
        

      

      
        B-4

        
          

        

      

      
        
        

      

    

     

    Company
      Authorization for Publication

     

    Prior
      to
      my submitting or disclosing for possible publication or dissemination outside
      the Company any material prepared by me that incorporates information that
      concerns the Company’s business or anticipated research, I agree to deliver a
      copy of such material to an officer of the Company for his or her review. Within
      twenty (20) days following such submission, the Company agrees to notify me
      in
      writing whether the Company believes such material contains any Proprietary
      Information or Inventions, and I agree to make such deletions and revisions
      as
      are reasonably requested by the Company to protect its Proprietary Information
      and Inventions. I further agree to obtain the written consent of the Company
      prior to any review of such material by persons outside the
      Company.

     

    Former
      Employer Information

     

    I
      represent that my performance of all the terms of this Agreement and as an
      employee of the Company does not and will not breach any agreement to keep
      in
      confidence proprietary information, knowledge or data acquired by me in
      confidence or in trust prior to my employment by the Company, and I will not
      disclose to the Company or induce the Company to use any confidential or
      proprietary information or material belonging to any previous employers or
      others. I have not entered into and I agree I will not enter into any agreement,
      either written or oral, in conflict herewith or in conflict with my employment
      with the Company. I further agree to conform to the rules and regulations of
      the
      Company.

     

    Severability

     

    I
      agree
      that if one or more provisions of this Agreement are held to be unenforceable
      under applicable law, such provisions shall be excluded from this Agreement
      and
      the balance of the Agreement shall be interpreted as if such provision were
      so
      excluded and shall be enforceable in accordance with its terms.

     

    Authorization
      to Notify New Employer

     

    I
      hereby
      authorize the Company to notify my new employer about my rights and obligations
      under this Agreement following the termination of my employment with the
      Company.

     

    Reliance
      on Representations

     

    I
      understand and acknowledge that, except as set forth in this Agreement and
      in
      the offer letter from the Company to me, (i) no other representation or
      inducement has been made to me, (ii) I have relied on my own judgment and
      investigation in accepting my employment with the Company, and (iii) I have
      not
      relied on any representation or inducement made by any officer, employee or
      representative of the Company. No modification of or amendment to this Agreement
      nor any waiver of any rights under this Agreement will be effective unless
      in a
      writing signed by the Company’s Director of HR Acquisitions and me. I understand
      and agree that any subsequent change or changes in my duties, salary or
      compensation will not affect the validity or scope of this
      Agreement.

     

    
      
        
        

      

      
        B-5

        
          

        

      

      
        
        

      

    

     

    Effective
      Date

     

    This
      Agreement shall be effective as of the first day of my employment with the
      Company and shall be binding upon me, my heirs, executor, assigns and
      administrators and shall inure to the benefit of the Company, its subsidiaries,
      successors and assigns. Notwithstanding any other provision hereof to the
      contrary, the parties hereto acknowledge and agree that this Agreement shall
      only become effective on the Closing Date (as such term is defined in the Stock
      Purchase Agreement, dated November 14, 2007, by and between the Company and
      me).

     

    Governing
      Law

     

    Although
      I may work for the Company outside of California or the United States, I
      understand and agree that this Agreement shall be interpreted and enforced
      in
      accordance with the laws of the State of California.

     

    
      
        
        

      

      
        B-6

        
          

        

      

      
        
        

      

    

     

    I
      HAVE
      READ THIS AGREEMENT CAREFULLY AND I UNDERSTAND AND ACCEPT THE OBLIGATIONS WHICH
      IT IMPOSES UPON ME WITHOUT RESERVATION. NO PROMISES OR REPRESENTATIONS HAVE
      BEEN
      MADE TO ME TO INDUCE ME TO SIGN THIS AGREEMENT. I SIGN THIS AGREEMENT
      VOLUNTARILY AND FREELY.

     

    
      	 	 	 
	
              Date

            	 	
              Employee
                Signature

            
	 	 	 
	 	 	
              Employee
                Name (Please Print)

            

    

    

    [SIGNATURE
      PAGE TO PROPRIETARY INFORMATION AND INVENTIONS AGREEMENT]

     

    
      
        
        

      

      
        B-7

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      B-1

     

    
      	
              1.

            	
              The
                following is a complete list of all Inventions or improvements relevant
                to
                the subject matter of my employment by the Company that have been
                made or
                discovered or conceived or first reduced to practice by me or jointly
                with
                others prior to my employment by the Company that I desire to remove
                from
                the operation of the Company’s Proprietary Information and Inventions
                Agreement:

            

    

     

    
      	____	
              No
                inventions or improvements.

            

    

     

    
      	____	
              See
                below: Any and all inventions regarding the
                following:

            

    

     

    
      	____	
              Additional
                sheets attached.

            

    

     

    
      	
              2.

            	
              I
                propose to bring to my employment the following materials and documents
                of
                a former employer: (NOTE: You do not need to list materials and documents
                if the former employer has been acquired by All Ad Acquisition,
                Inc.).

            

    

     

    
      	____	
              No
                materials or documents

            

    

     

    
      	____	
              See
                below:

            

    

     

    
      	 	 	 
	
              Date

            	 	
              Employee
                Signature

            
	 	 	 
	 	 	
              Employee
                Name (Please Print)

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      C

     

    ARBITRATION
      AGREEMENT

     

    This
      Mutual Arbitration Agreement (“Agreement”) is entered into between All Ad
      Acquisition, Inc. (“Company”) and the employee named below
      (“Employee”).

     

    Agreement
      to Arbitrate Certain Disputes and Claims

     

    We
      agree
      to arbitrate before a neutral arbitrator any and all disputes or claims arising
      from or relating to Employee’s employment with Company, or the termination of
      that employment, including claims against any current or former agent or
      employee of Company, whether the disputes or claims arise in tort, contract,
      or
      pursuant to a statute, regulation, or ordinance now in existence or which may
      in
      the future be enacted or recognized, including, but not limited to, the
      following claims:

     

    
      	
            	·	
              claims
                for fraud, promissory estoppel, fraudulent inducement of contract
                or
                breach of contract or contractual obligation, whether such alleged
                contract or obligation be oral, written, or express or implied by
                fact or
                law;

            

    

     

    
      	
            	·	
              claims
                for wrongful termination of employment, violation of public policy
                and
                constructive discharge, infliction of emotional distress,
                misrepresentation, interference with contract or prospective economic
                advantage, defamation, unfair business practices, and any other tort
                or
                tort-like causes of action relating to or arising from the employment
                relationship or the formation or termination
                thereof;

            

    

     

    
      	
            	·	
              claims
                for discrimination, harassment, or retaliation under any and all
                federal,
                state, or municipal statutes, regulations, or ordinances that prohibit
                discrimination, harassment, or retaliation in employment, as well
                as
                claims for violation of any other federal, state, or municipal statute,
                regulation, or ordinance, except as set forth
                herein;

            

    

     

    
      	
            	·	
              claims
                for non-payment or incorrect payment of wages, commissions, bonuses,
                severance, employee fringe benefits, stock options and the like,
                whether
                such claims be pursuant to alleged express or implied contract or
                obligation, equity, the California Labor Code, the Fair Labor Standards
                Act, the Employee Retirement Income Securities Act, and any other
                federal,
                state, or municipal laws concerning wages, compensation or employee
                benefits; and

            

    

     

    
      	
            	·	
              claims
                arising out of or relating to the grant, exercise, vesting and/or
                issuance
                of equity in the Company or options to purchase equity in the
                Company.

            

    

     

    We
      understand and agree that arbitration of the disputes and claims covered by
      this
      Agreement shall be the sole and exclusive method of resolving any and all
      existing and future disputes or claims arising out of Employee’s employment with
      Company or the termination thereof. We further understand and agree that claims
      for workers’ compensation benefits, unemployment insurance, or state or federal
      disability insurance are not covered by this Agreement and shall therefore
      be
      resolved in any appropriate forum, including courts of law, as required by
      the
      laws then in effect.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    We
      understand and agree that nothing in this Agreement shall prevent either party
      from seeking from a court the remedy of an injunction for a claimed
      misappropriation of a trade secret, patent right, copyright, trademark, or
      any
      other intellectual or confidential property. Nothing in this Agreement should
      be
      interpreted as restricting or prohibiting the Employee from filing a charge
      or
      complaint with a federal, state, or local administrative agency charged with
      investigating and/or prosecuting complaints under any applicable federal, state
      or municipal law or regulation. Any dispute or claim that is not resolved
      through the federal, state, or local agency must be submitted to arbitration
      in
      accordance with this Agreement.

     

    We
      understand and agree that any demand for arbitration by either the Employee
      or
      Company shall be filed within the statute of limitation that is applicable
      to
      the claim(s) upon which arbitration is sought or required. Any failure to demand
      arbitration within this time frame shall constitute a waiver of all rights
      to
      raise any claims in any forum arising out of any dispute that was subject to
      arbitration.

     

    Final
      and
      Binding Arbitration

     

    We
      understand and agree that the arbitration of disputes and claims under this
      Agreement shall be instead of a trial before a court or jury. We further
      understand and agree that, by accepting this Agreement, we are expressly waiving
      any and all rights to a trial before a court regarding any disputes and claims
      which we now have or which we may in the future have that are subject to
      arbitration under this Agreement.

     

    Arbitration
      Procedures

     

    We
      understand and agree that the arbitration shall be conducted in accordance
      with
      the Employment Arbitration Rules and Procedures of JAMS; provided, however,
      that
      the Arbitrator shall allow the discovery authorized by California Code of Civil
      Procedure section 1283.05 or any other discovery required by law in arbitration
      proceedings and the California Rules of Evidence shall apply. A copy of the
      JAMS
      Employment Arbitration Rules and Procedures can be found through a link on
      the
      JAMS website, which is presently located at the following url:
      http://www.jamsadr.org. To the extent that any of the JAMS Employment
      Arbitration Rules and Procedures or anything in this Agreement conflicts with
      any arbitration procedures required by applicable law, the arbitration
      procedures required by applicable law shall govern. Employee and Company also
      agree that nothing in this Agreement relieves either of them from any obligation
      they may have to exhaust certain administrative remedies before arbitrating
      any
      claims or disputes under this Agreement.

     

    We
      understand and agree that the Arbitrator shall issue a written award that sets
      forth the essential findings and conclusions on which the award is based. The
      Arbitrator shall have the authority to award any relief authorized by law in
      connection with the asserted claims or disputes. The Arbitrator’s award shall be
      subject to correction, confirmation, or vacation, as provided by any applicable
      law setting forth the standard of judicial review of arbitration
      awards.

    Place
      of
      Arbitration

     

    
      
        
        

      

      
        C-2

        
          

        

      

      
        
        

      

    

     

    We
      understand and agree that the arbitration shall take place in San Diego,
      California, or, at the Employee’s option, the county in which the Employee
      resides at the time the arbitrable dispute or claim arose.

     

    Governing
      Law

     

    We
      understand and agree that this Agreement and its validity, construction and
      performance, as well as disputes and/or claims arising under this Agreement,
      shall be governed by the laws of the State of California. If the Agreement
      is
      not enforceable under these laws, the parties agree to apply applicable federal
      law.

     

    Costs
      of
      Arbitration

     

    We
      understand and agree that Company will bear the arbitrator’s fee and any other
      type of expense or cost that the employee would not be required to bear if
      he or
      she were free to bring the dispute or claim in court as well as any other
      expense or cost that is unique to arbitration. Company and Employee shall each
      pay their own attorneys’ fees incurred in connection with the arbitration;
      provided that the arbitrator will have authority to award attorneys’ fees to the
      prevailing party. If there is a dispute as to whether Company or Employee is
      the
      prevailing party in the arbitration, the Arbitrator will decide this
      issue.

     

    Severability

     

    We
      understand and agree that if any term or portion of this Agreement shall, for
      any reason, be held to be invalid or unenforceable or to be contrary to public
      policy or any law, then the remainder of this Agreement shall not be affected
      by
      such invalidity or unenforceability but shall remain in full force and effect,
      as if the invalid or unenforceable term or portion thereof had not existed
      within this Agreement.

     

    Complete
      Agreement

     

    We
      understand and agree that this Agreement contains the complete agreement between
      Company and Employee regarding the subjects covered in it; that it supersedes
      any and all prior representations and agreements between us, if any; and that
      it
      may be modified only in a writing, expressly referencing this Agreement, and
      signed by the Chief Executive Officer of Company and Employee. If this
      modification has not been signed by the Employee, but the Employee continues
      to
      accept employment after having notice of the modification, it shall become
      effective after a reasonable period

     

    Knowing
      Acceptance of Agreement

     

    We
      understand and agree that we have been advised to consult with an attorney
      of
      our own choosing before accepting this Agreement, and we have had an opportunity
      to do so. We agree that we have read this Agreement carefully and understand
      that by accepting it, we are waiving all rights to a trial or hearing before
      a
      court or jury of any and all disputes and claims subject to arbitration under
      this Agreement. It is intended that this Agreement shall at all times apply
      to
      Company and shall immediately apply to Employee upon signing, upon any form
      of
      electronic acceptance or within a reasonable time following continued
      employment.

     

    
      
        
        

      

      
        C-3

        
          

        

      

      
        
        

      

    

     

    Notwithstanding
      any other provision hereof to the contrary, the parties hereto acknowledge
      and
      agree that this Agreement shall only become effective on the Closing Date (as
      such term is defined in the Stock Purchase Agreement, dated November 14, 2007,
      by and between the Company and Employee).

     

    
      	 	 	 
	
              Date

            	 	
              Employee
                Signature

            
	 	 	  

	 	 	
              Employee
                Name (Please Print)

            

    

     

    
      
        
        

      

      
        C-4

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      D

     

    NON-COMPETITION/NON-SOLICITATION
      AGREEMENT

     

    This
      Non-Competition
      Agreement
      (this
“Agreement”),
      dated
      November 14, 2007, is made by and between Jason J. Kulpa (the “Employee”)
      and
      All Ad Acquisition, Inc. a Delaware corporation (“Acquiror”).
      For
      purposes of this Agreement, “Acquiror” shall be deemed to include Acquiror and
      its wholly and majority-owned direct and indirect subsidiaries that operate
      the
      Business (as defined below) of the Company.

     

    Background

     

    Acquiror
      and Ad Authority, Inc., a Delaware corporation (the “Company”)
      are
      parties to an Stock Purchase Agreement dated on or about November 14, 2007
      (the
“Purchase
      Agreement”),
      pursuant to which Acquiror will acquire the Company (the “Purchase”).
      Employee understands and agrees that he is a key and significant member of
      either the management and/or the technical workforce of the Company and that
      he
      will receive substantial consideration as a result of Acquiror’s purchase of the
      Company. Employee is willing to enter into this Agreement as a condition of
      the
      closing of the Purchase and to protect Acquiror’s legitimate interests as a key
      employee of the Company. Employee understands and acknowledges that the
      execution and delivery of this Agreement by Employee is a material inducement
      to
      the willingness of Acquiror to enter into the Purchase Agreement, and a material
      condition to Acquiror consummating the transactions contemplated by the Purchase
      Agreement. Capitalized terms used herein and not defined herein shall have
      the
      meanings assigned to such terms in the Purchase Agreement.

     

    Acquiror
      and Employee both agree that the Company’s business includes the design,
      development, manufacture, production, marketing and sales of products and
      services related to the Business (as defined below) throughout each county
      or
      state of the United States or country in which the Company conducted or as
      of
      the Closing Date (as defined in the Purchase Agreement) had developed or had
      been actively developing (the “Restrictive
      Territory”).
      Acquiror represents and Employee understands that, following the Purchase,
      Acquiror will continue conducting the Company’s business in the Restrictive
      Territory.

     

    NOW,
      THEREFORE, in consideration of the foregoing premises and for good and valuable
      consideration, receipt of which is hereby acknowledged, Employee, intending
      to
      be legally bound, agrees as follows:

     

    1. Agreement
      Not to Compete/Solicit.
      During
      the Restrictive Period (as defined below), Employee agrees that he will not,
      as
      an employee, agent, consultant, advisor, independent contractor, general
      partner, officer, director, Employee, investor, lender or guarantor of any
      corporation, partnership or other entity, or in any other capacity directly
      or
      indirectly:

     

    (a) engage
      in, have an interest in or provide advice or assistance to any internet
      advertising business if at the time of the proposed activity the Company is
      engaged in or as of the Closing Date of the Purchase had developed or had been
      actively developing such business (hereafter referred to as the “Business”)
      in the
      Restrictive Territory; or

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b) permit
      Employee’s name to be used in connection with a business, which is competitive
      or substantially similar to the Business; or

     

    (c) do
      anything to cause or encourage any officer, director, employee, consultant,
      agent or broker of the Company to terminate or sever his or her employment
      or
      other relationship with the Company for the purpose of competing with or
      proposing to compete with the Company, or for the purpose of damaging the
      Company in any way; or

     

    (d) do
      anything to cause or encourage any customer to terminate, modify or fail to
      review any contract or other relationship with the Company; or

     

    (e) (iii)
      contact or otherwise act in concert with, for purposes of competing, directly
      or
      indirectly, or aiding another to compete, directly or indirectly, with the
      Business or of damaging the Company in any way, any person that became known
      to
      Employee by or through the Business or whose name or business was obtained
      by or
      from the Company; or

     

    (f) without
      the prior written consent of Buyer, directly or indirectly, solicit for
      employment or hire any current employee, agent or broker of the
      Company.

     

    Notwithstanding
      the foregoing, Employee may (i) own, directly or indirectly, solely as an
      investment, up to one percent (1%) of any class of “publicly traded securities”
of any business that is competitive or substantially similar to the Business
      or
      (ii) work for a division, entity or subgroup of any of such companies that
      engages in the Business so long as such division, entity or subgroup does not
      engage in the Business. The term “publicly traded securities” shall mean
      securities that are traded on a national securities exchange or listed on the
      National Association of Securities Dealers Automated Quotation
      System.

     

    For
      purposes of this Agreement, the restrictive period (referred to herein as the
      “Restrictive Period”) shall commence on the Closing Date of the Purchase and
      shall continue until the third (3rd) anniversary of the Closing Date; provided,
      however, that with respect to (a) through (e) above, if Employee’s employment
      with the Company is terminated without “Cause” (as such term is defined in
      Employee’s employment agreement with Acquiror) or by Employee for “Good Reason”
(as such term is defined in Employee’s employment agreement with Acquiror or
      Company) the Restrictive Period shall end on the earlier of (i) one (1) year
      after the termination of employment date and (ii) three (3) years after the
      Closing Date. In the event that no Closing occurs as contemplated by the
      Purchase Agreement and the Purchase Agreement thereby terminates, this Agreement
      shall terminate and be of no further force or effect.

     

    2. Acknowledgment.
      Employee hereby acknowledges and agrees that:

     

    (a) this
      Agreement is necessary for the protection of the legitimate business interests
      of Acquiror in acquiring the Company;

     

    (b) the
      execution and delivery and continuation in force of this Agreement is a material
      inducement to Acquiror to execute the Purchase Agreement and is a mandatory
      condition precedent to the closing of the Purchase, without which Acquiror
      would
      not close the transactions contemplated by the Purchase Agreement;

     

    
      
        
        

      

      
        D-2

        
          

        

      

      
        
        

      

    

     

    (c) the
      scope
      of this Agreement in time, geography and types and limitations of activities
      restricted is reasonable;

     

    (d) Employee
      has no intention of competing with the Business acquired by Acquiror within
      the
      area and the time limits set forth in this Agreement; and

     

    (e) breach
      of
      this Agreement will be such that Acquiror will not have an adequate remedy
      at
      law because of the unique nature of the operations and the assets being conveyed
      to Acquiror.

     

    3. Remedy.
      Employee acknowledges and agrees that (a) the rights of Acquiror under this
      Agreement are of a specialized and unique character and that immediate and
      irreparable damage will result to Acquiror if Employee fails to or refuses
      to
      perform his obligations under this Agreement and (b) Acquiror may, in addition
      to any other remedies and damages available, seek an injunction in a court
      of
      competent jurisdiction to restrain any such failure or refusal. No single
      exercise of the foregoing remedies shall be deemed to exhaust Acquiror’s right
      to such remedies, but the right to such remedies shall continue undiminished
      and
      may be exercised from time to time as often as Acquiror may elect. Employee
      represents and warrants that his expertise and capabilities are such that his
      obligations under this Agreement (and the enforcement thereof by injunction
      or
      otherwise) will not prevent him from earning a livelihood.

     

    4. Severability.
      If any
      provisions of this Agreement as applied to any part or to any circumstances
      shall be adjudged by a court to be invalid or unenforceable, the same shall
      in
      no way affect any other provision of this Agreement, the application of such
      provision in any other circumstances, or the validity or enforceability of
      this
      Agreement. Acquiror and Employee intend this Agreement to be enforced as
      written. If any provision, or part thereof, however, is held to be unenforceable
      because of the duration thereof or the area covered thereby, all parties agree
      that the court making such determination shall have the power to reduce the
      duration and/or area of such provision, and/or to delete specific words or
      phrases and in its reduced form such provision shall then be
      enforceable.

     

    5. Amendment.
      This
      Agreement may not be amended except by an instrument in writing signed by
      Acquiror’s Senior Vice President of Human Resources, or his or her designee, and
      Employee.

     

    6. Waiver.
      No
      waiver of any nature, in any one or more instances, shall be deemed to be or
      construed as a further or continued waiver of any breach of any other term
      or
      agreement contained in this Agreement.

     

    7. Headings.
      The
      headings contained in this Agreement are for reference purposes only and shall
      not affect in any way the meaning or interpretation of this
      Agreement.

     

    8. Governing
      Law.
      This
      Agreement shall be construed and interpreted and its performance shall be
      governed by the laws of the State of California without regard to conflicts
      of
      law principles of any jurisdiction.

     

    
      
        
        

      

      
        D-3

        
          

        

      

      
        
        

      

    

     

    9. Entire
      Agreement.
      This
      Agreement and the documents referenced herein constitutes the entire agreement
      of the parties with respect to the subject matter of this Agreement and
      supersedes all prior agreements and undertakings, both written and oral, between
      the parties, or any of them, with respect to the subject matter of this
      Agreement (but does not in any way merge or supersede the Purchase Agreement
      or
      any other agreement executed in connection with the Purchase Agreement,
      including the Employee’s employment agreement with Acquiror, if any). To extent
      that the provisions of this Agreement are ambiguous or incomplete they shall
      be
      construed in a manner consistent with the Purchase Agreement or other agreement
      executed in connection therewith, although in the event of a conflict between
      the terms of this Agreement and such other agreements, the terms of this
      Agreement shall control.

     

    IN
      WITNESS WHEREOF, Acquiror and Employee have executed this Agreement on the
      day
      and year first above written.

     

    
      	 	
              Employee

            
	 	 
	 	 
	 	
              Signature

            
	 	 
	 	 
	 	
              Name
                (Please Print)

            
	 	 
	 	
              All
                Ad Acquisition, Inc.

            
	 	
              a
                Delaware corporation

            
	 	 
	 	
              By:

            	 

    

    
      	 	
              Name:
                

            	 
	 	
              Title:

            	 

    

     

    
      
        
        

      

      
        D-4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}]]