Document:

Exhibit
      4.8

     

    AMENDMENT
      NUMBER 1 TO 

    PLEDGE
      AND ESCROW AGREEMENT

    

     THIS
      AMENDMENT AGREEMENT (the
      “Amendment”) is
      entered into as of July 14, 2006, between AIRBEE
      WIRELESS, INC., a
      corporation organized and existing under the laws of the State of Delaware
      (the
“Company”),
      MONTGOMERY
      EQUITY PARTNERS, LTD. a
      Cayman
      Islands exempted corporation (the
      “Pledgee”),
      and
DAVID
      GONZALEZ, ESQ.
      (the
“Escrow
      Agent”).

    

    WHEREAS,
      the
      Company, Pledgee and Escrow Agent are parties to a certain Pledge and Escrow
      Agreement dated as of December 29, 2005 (the “Agreement”);
      and

     

    WHEREAS,
      the
      parties wish to amend the Agreement as set forth below. 

     

    NOW,
      THEREFORE,
      it is
      agreed: 

     

    
      	I.	
              Amendments.

            

    

     

    A. As
      a
      result of a typographical error, the introductory paragraph of the Agreement
      references Cornell Capital Partners, LP as the Pledgee. Inasmuch as it has
      always been the intention of the parties to reference Montgomery Equity
      Partners, Ltd. as Pledgee rather than Cornell Capital Partners, LP, the
      introductory paragraph of the Agreement is hereby deleted in its entirety and
      the following language shall replace said introductory paragraph of the
      Agreement:

     

    “THIS
      PLEDGE AND ESCROW AGREEMENT
      (the
“Agreement”)
      is
      made and entered into as of December 29, 2005 (the “Effective
      Date”)
      by and
      among AIRBEE
      WIRELESS, INC.,
      a
      corporation organized and existing under the laws of the State of Delaware
      (the
“Pledgor”),
      MONTGOMERY
      EQUITY PARTNERS, LTD.,
      (the
“Pledgee”),
      and
DAVID
      GONZALEZ,
      ESQ.,
      as
      escrow agent (“Escrow
      Agent”).”

    

    
      	II.	
              Miscellaneous.

            

    

    

    
      	 	
              A.

            	
              Except
                as provided hereinabove, all of the terms and conditions contained
                in the
                Agreement shall remain unchanged and in full force and
                effect.

            

    

    

    
      	 	
              B.

            	
              This
                Amendment is made pursuant to and in accordance with the terms and
                conditions of the Agreement.

            

    

    

    
      	 	
              C.

            	
              All
                capitalized but not defined terms used herein shall have those meanings
                ascribed to them in the Agreement.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	D.	
              All
                provisions in the Agreement and any amendments, schedules or exhibits
                thereto in conflict with this Amendment shall be and hereby are changed
                to
                conform to this Amendment.

            

    

     

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

     

    
      	 	COMPANY:
	 	AIRBEE
              WIRLESS, INC. 
	 	 	 
	 	By:  	
              /s/
                E. Eugene Sharer

            
	 	Name 	
              E.
                Eugene Sharer

            
	 	Title: 	
              President
                & Chief Operating Officer

            
	 	 	 
	 	 	 
	 	MONTGOMERY
              EQUITY PARTNERS, LTD.
	 	 	 
	 	
              By: 

            	
              Yorkville
                Advisors LLC

            
	 	Its: 	
              General
                Partner

            
	 	 	 
	 	By:	
              /s/
                Robert Press

            
	 	Name 	
              Robert
                Press

            
	 	Title: 	
              Portfolio
                Manager

            
	 	 	 
	 	 	 
	 	ESCROW
              AGENT:
	 	DAVID
              GONZALEZ, ESQ.
	 	 	 
	 	By:	
              /s/
                David Gonzalez 

            
	 	Name: 	
              David
                Gonzalez, Esq.Exhibit
      4.9

     

    AMENDMENT
      NUMBER 1 TO

    INSIDER
      PLEDGE AND ESCROW AGREEMENT

    

    THIS
      AMENDMENT AGREEMENT (the
      “Amendment”) is
      entered into as of July 14, 2006, between AIRBEE
      WIRELESS, INC., a
      corporation organized and existing under the laws of the State of Delaware
      (the
“Company”),
      Sundaresan Raja, E. Eugene Sharer and Ramanujan Satagopan, being officers of
      the
      Company, MONTGOMERY
      EQUITY PARTNERS, LTD. a
      Cayman
      Islands exempted corporation (the
      “Pledgee”),
      and
DAVID
      GONZALEZ, ESQ.
      (the
“Escrow
      Agent”).

    

    WHEREAS,
      the
      Company, Pledgee and Escrow Agent are parties to a certain Insider Pledge and
      Escrow Agreement dated as of December 29, 2005 (the “Agreement”);
      and

     

    WHEREAS,
      the
      parties wish to amend the Agreement as set forth below. 

     

    NOW,
      THEREFORE,
      it is
      agreed: 

     

    
      	I.	
              Amendments.

            

    

     

    A. As
      a
      result of a typographical error, the introductory paragraph of the Agreement
      references Cornell Capital Partners, LP as the Pledgee. Inasmuch as it has
      always been the intention of the parties to reference Montgomery Equity
      Partners, Ltd. as Pledgee rather than Cornell Capital Partners, LP, the
      introductory paragraph of the Agreement is hereby deleted in its entirety and
      the following language shall replace said introductory paragraph of the
      Agreement:

     

    “THIS
      INSIDER PLEDGE AND ESCROW AGREEMENT
      (the
“Agreement”)
      is
      made and entered into as of December 29, 2005 (the “Effective
      Date”)
      by and
      among Sundaresan Raja, E. Eugene Sharer and Ramanujam Satagopan each being
      an
      officer of the Company
      (the
“Pledgors”), MONTGOMERY
      EQUITY PARTNERS, LTD. (the
      “Pledgee”),
      AIRBEE
      WIRELESS, INC., a
      Delaware corporation (the “Company”),
      and
DAVID
      GONZALEZ, ESQ.,
      as
      escrow agent (“Escrow
      Agent”).”

    

    
      	II.	
              Miscellaneous.

            

    

    

    
      	 	
              A.

            	
              Except
                as provided hereinabove, all of the terms and conditions contained
                in the
                Agreement shall remain unchanged and in full force and
                effect.

            

    

    

    
      	 	
              B.

            	
              This
                Amendment is made pursuant to and in accordance with the terms and
                conditions of the Agreement.

            

    

    

    
      	 	
              C.

            	
              All
                capitalized but not defined terms used herein shall have those meanings
                ascribed to them in the Agreement.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	D.	
              All
                provisions in the Agreement and any amendments, schedules or exhibits
                thereto in conflict with this Amendment shall be and hereby are changed
                to
                conform to this Amendment.

            

    

     

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

     

    

    
      	 	COMPANY:
	 	AIRBEE
              WIRLESS, INC. 
	 	 
	 	 	 
	 	By:	
              /s/
                E. Eugene Sharer

            
	 	 	
              Name E.
                Eugene Sharer

            
	 	 	
              Title: President
                & Chief Operating Officer

            
	 	 	 
	 	 	 
	 	PLEDGORS:
	 	 
	 	 	 
	 	By:  	
              /s/
                Sundaresan Raja

            
	 	 	
              Name:
                Sundaresan Raja

            
	 	 	 
	 	 	 
	 	By: 	
              /s/
                E. Eugene Sharer

            
	 	 	
              Name:
                E. Eugene Sharer

            
	 	 	 
	 	 	 
	 	By: 	
              /s/
                Ramanujam Satagopan

            
	 	 	
              Name:
                Ramanujam Satagopan

            
	 	 	 
	 	 	 
	 	MONTGOMERY
              EQUITY PARTNERS, LTD.
	 	 
	 	 
	 	By:	
               Yorkville
                Advisors LLC

            
	 	 	
              Its:
                General Partner

            
	 	 	 
	 	 	 
	 	By:	
              /s/
                Robert Press 

            
	 	 	
              Name Robert
                Press

            
	 	 	
              Title: Portfolio
                Manager

            
	 	 	 
	 	 	 
	 	ESCROW
              AGENT:
	 	DAVID
              GONZALEZ, ESQ.
	 	 
	 	 	 
	 	By:	
              /s/
                David Gonzalez

            
	 	 	
              Name:
                David Gonzalez, Esq.Exhibit
      4.10

    

    AMENDMENT
      NUMBER 1 TO 

    SECURITY
      AGREEMENT

    

    THIS
      AMENDMENT AGREEMENT (the
      “Amendment”) is
      entered into as of July 14, 2006, between Airbee
      Wireless (India) Pvt. Ltd.,
      an
      India corporation (the “Company”),
      and
MONTGOMERY
      EQUITY PARTNERS, LTD. a
      Cayman
      Islands exempted corporation (the
      “Secured
      Party”).

    

    WHEREAS,
      the
      Company and Secured Party are parties to a certain Security Agreement dated
      as
      of December 29, 2005 (the “Agreement”);
      and

     

    WHEREAS,
      the
      parties wish to amend the Agreement as set forth below. 

     

    NOW,
      THEREFORE,
      it is
      agreed: 

     

    
      	I.	
              Amendments.

            

    

     

    A.
      As a
      result of a typographical error, the introductory paragraph of the Agreement
      references Cornell Capital Partners, LP as the Secured Party. Inasmuch as it
      has
      always been the intention of the parties to reference Montgomery Equity
      Partners, Ltd. as the Secured Party rather than Cornell Capital Partners, LP,
      the introductory paragraph of the Agreement is hereby deleted in its entirety
      and the following language shall replace said introductory paragraph of the
      Agreement:

     

    “THIS
      SECURITY AGREEMENT
      (the
“Agreement”), is
      entered into and made effective as of December 29, 2005, by and between Airbee
      Wireless (India) Pvt. Ltd.,
      an
      India
      corporation with its principal place of business at 92 Dr. Natesan Road,
      Mylapor, Chennai 600014, India (the “Company”),
      and
      Montgomery Equity Partners, Ltd. (the
      “Secured
      Party”).”

    

    
      	II.	
              Miscellaneous.

            

    

    

    
      	 	
              A.

            	
              Except
                as provided hereinabove, all of the terms and conditions contained
                in the
                Agreement shall remain unchanged and in full force and
                effect.

            

    

    

    
      	 	
              B.

            	
              This
                Amendment is made pursuant to and in accordance with the terms and
                conditions of the Agreement.

            

    

    

    
      	 	
              C.

            	
              All
                capitalized but not defined terms used herein shall have those meanings
                ascribed to them in the Agreement.

            

    

    

    
      	
            	D.	
              All
                provisions in the Agreement and any amendments, schedules or exhibits
                thereto in conflict with this Amendment shall be and hereby are changed
                to
                conform to this Amendment.

            

    

     

    [REMAINDER
      OF THIS PAGE INTENTIONALLY LEFT BLANK]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

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

     

    
      	 	 	 
	 	
              COMPANY:

              
                AIRBEE
                  WIRLESS (INDIA) Pvt. Ltd.

              

            
	 
 	 
 	 
 
	 	By:  	/s/ Sundaresan
              Raja
	 	
              

              Name Sundaresan
                Raja

            
	 	
              Title: Director

            

      	 	 	 
	 	

              MONTGOMERY
                EQUITY PARTNERS, LTD.

            
	 	
              By:
                Yorkville Advisors LLC

            
	 	
              Its:
                General Partner

            
	 
 	 
 	 
 
	 	By:  	/s/ Robert
              Press
	 	
              

              Name Robert
                Press

            
	 	
              Title: Portfolio
                Manager

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