Document:

Exhibit 10.4

                          REGISTRATION RIGHTS AGREEMENT

     This  Registration  Rights Agreement (this "Agreement") is made and entered
                                                 ---------
into as of March 31, 2006 among Trinity Learning Corporation, a Utah corporation
(the  "Company"),  and  the  several  purchasers  signatory  hereto  (each  such
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purchaser  is  a  "Purchaser"  and  collectively,  the  "Purchasers").
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               This  Agreement  is  made  pursuant  to  the  Securities Purchase
Agreement,  dated  as  of the date hereof between the Company and each Purchaser
(the  "Purchase  Agreement").
       -------------------

               The  Company  and  each  Purchaser  hereby  agrees  as  follows:

        1.     Definitions.     Capitalized terms used and not otherwise defined
               -----------
herein  that are defined in the Purchase Agreement shall have the meanings given
such  terms  in the Purchase Agreement. As used in this Agreement, the following
terms  shall  have  the  following  meanings:

"Advice"  shall  have  the  meaning  set  forth  in  Section  6(d).
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"Effectiveness  Date"  means, with respect to the initial Registration Statement
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required  to  be  filed  hereunder,  the  90th  (120  if  the  SEC  reviews  the
Registration Statement) calendar day following the date hereof and, with respect
to  any  additional  Registration  Statements  which may be required pursuant to
Section  3(c),  the  90th  calendar  day following the date on which the Company
first  knows, or reasonably should have known, that such additional Registration
Statement  is required hereunder; provided, however, in the event the Company is
                                  --------  -------
notified  by  the  Commission that one of the above Registration Statements will
not  be  reviewed  or  is  no longer subject to further review and comments, the
Effectiveness  Date as to such Registration Statement shall be the fifth Trading
Day following the date on which the Company is so notified if such date precedes
the  dates  required  above.

"Effectiveness  Period"  shall  have  the  meaning  set  forth  in Section 2(a).
 ---------------------

"Event"  shall  have  the  meaning  set  forth  in  Section  2(b).
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"Event  Date"  shall  have  the  meaning  set  forth  in  Section  2(b).
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"Filing Date" means, with respect to the initial Registration Statement required
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hereunder,  the 45th calendar day following the date hereof and, with respect to
any additional Registration Statements which may be required pursuant to Section
3(c),  the  30th  day  following  the  date on which the Company first knows, or
reasonably  should  have  known  that  such additional Registration Statement is
required  hereunder.

"Holder" or "Holders" means the holder or holders, as the case may be, from time
 ------      -------
to  time  of  Registrable  Securities.

"Indemnified  Party"  shall  have  the  meaning  set  forth  in  Section  5(c).
 ------------------

 "Indemnifying  Party"  shall  have  the  meaning  set  forth  in  Section 5(c).
  -------------------

"Losses"  shall  have  the  meaning  set  forth  in  Section  5(a).
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"Plan  of  Distribution"  shall  have  the  meaning  set  forth in Section 2(a).
 ----------------------

 "Prospectus"  means  the  prospectus  included  in  a  Registration  Statement
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(including,  without  limitation,  a  prospectus  that  includes any information
previously  omitted from a prospectus filed as part of an effective registration
statement  in  reliance upon Rule 430A promulgated under the Securities Act), as
amended  or supplemented by any prospectus supplement, with respect to the terms
of  the  offering  of  any  portion  of  the Registrable Securities covered by a
Registration  Statement,  and  all  other  amendments  and  supplements  to  the
Prospectus,  including  post-effective amendments, and all material incorporated
by  reference  or  deemed  to  be  incorporated by reference in such Prospectus.

 "Registrable  Securities"  means (i) all of the shares of Common Stock issuable
  -----------------------
upon  conversion in full of the Debentures, (ii) all shares issuable as interest
on  the Debentures assuming all permissible interest payments are made in shares
of  Common  Stock  and the Debentures are held until maturity, (iii) all Warrant
Shares, (iv) any securities issued or issuable upon any stock split, Interest or
other  distribution,  recapitalization  or  similar  event  with  respect to the
foregoing  (v)  any  additional  shares  issuable  in  connection  with  any
anti-dilution  provisions  in  the  Debentures  or  the [Warrants (in each case,
without  giving  effect  to  any  limitations  on  conversion  set  forth in the
Debenture  or  limitations  on  exercise  set forth in the Warrant) and (vi) the
shares  of  Common  Stock  set  forth  on  Schedule  6(b)

 "Registration Statement" means the registration statements required to be filed
  ----------------------
hereunder  and  any  additional  registration statements contemplated by Section
3(c),  including  (in  each  case) the Prospectus, amendments and supplements to
such  registration  statement  or  Prospectus, including pre- and post-effective
amendments,  all exhibits thereto, and all material incorporated by reference or
deemed  to  be  incorporated  by  reference  in  such  registration  statement.

"Rule  415"  means  Rule  415  promulgated  by  the  Commission  pursuant to the
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Securities  Act,  as  such Rule may be amended from time to time, or any similar
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rule  or regulation hereafter adopted by the Commission having substantially the
same  purpose  and  effect  as  such  Rule.

"Rule  424"  means  Rule  424  promulgated  by  the  Commission  pursuant to the
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Securities  Act,  as  such Rule may be amended from time to time, or any similar
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rule  or regulation hereafter adopted by the Commission having substantially the
same  purpose  and  effect  as  such  Rule.

"Selling  Shareholder Questionnaire" shall have the meaning set forth in Section
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3(a).

     2.     Registration
            ------------

(a)     On or prior to each Filing Date, the Company shall prepare and file with
the  Commission a Registration Statement covering the  resale  of  130%  of  the
Registrable  Securities  on  such  Filing  Date  for an offering to be made on a
continuous  basis  pursuant to Rule 415.  The Registration Statement shall be on
Form  S-1  (except  if  the  Company is then eligible to register for resale the
Registrable Securities on Form SB-2, in which case such registration shall be on
Form  SB-2 or another appropriate form in accordance herewith) and shall contain
(unless  otherwise  directed  by  at  least  an  85% majority in interest of the
Holders)  substantially  the  "Plan of Distribution" attached hereto as Annex A.
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Subject  to  the terms of this Agreement, the Company shall use its best efforts
to  cause a Registration Statement to be declared effective under the Securities
Act  as promptly as possible after the filing thereof, but in any event prior to
the  applicable  Effectiveness Date, and shall use its best efforts to keep such
Registration  Statement  continuously  effective  under the Securities Act for a
period  of  two  (2)  years  from  the  Effectiveness  Date  (the "Effectiveness
                                                                   -------------
Period").  The  Company  shall  telephonically  request  effectiveness  of  a
Registration  Statement  as  of 5:00 p.m. (New York City time) on a Trading Day.
The  Company  shall  immediately  notify  the  Holders  via  facsimile  of  the
effectiveness  of  a  Registration  Statement  on  the same Trading Day that the
Company  telephonically  confirms effectiveness with the Commission, which shall
be  the  date  requested  for  effectiveness  of  a Registration Statement.  The
Company  shall,  by  9:30 a.m. (New York City time) on the Trading Day after the
Effective  Date  (as defined in the Purchase Agreement), file a final Prospectus
with  the  Commission  as required by Rule 424.  Failure to so notify the Holder
within  1 Trading Day of such notification of effectiveness or failure to file a
final  Prospectus  as  aforesaid  shall  be  deemed an Event under Section 2(b).

(b)     If:  (i) a Registration Statement is not filed on or prior to its Filing
Date  (if  the  Company  files  a  Registration  Statement without affording the
Holders the opportunity to review and comment on the same as required by Section
3(a),  the  Company shall not be deemed to  have  satisfied  this  clause  (i)),
or (ii) the Company fails to file with the Commission a request for acceleration
in  accordance  with  Rule  461  promulgated  under the Securities Act, within 5
Trading  Days  of  the  date that the Company is notified (orally or in writing,
whichever  is  earlier) by the Commission that a Registration Statement will not
be  "reviewed,"  or  not  be  subject  to  further review, or (iii) prior to its
Effectiveness  Date,  the  Company  fails  to file a pre-effective amendment and
otherwise  respond  in  writing to comments made by the Commission in respect of
such Registration Statement within 15 Trading Days after the receipt of comments
by  or notice from the Commission that such amendment is required in order for a
Registration  Statement  to  be  declared  effective,  or  (iv)  a  Registration
Statement  filed  or required to be filed hereunder is not declared effective by
the Commission by its Effectiveness Date, or (v) after the Effectiveness Date, a
Registration Statement ceases for any reason to remain continuously effective as
to  all  Registrable Securities for which it is required to be effective, or the
Holders  are otherwise not permitted to utilize the Prospectus therein to resell
such  Registrable  Securities for more than 10 consecutive calendar days or more
than an aggregate of 15 calendar days during any 12-month period (which need not
be  consecutive  calendar days) (any such failure or breach being referred to as
an  "Event", and for purposes of clause (i) or (iv) the date on which such Event
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occurs,  or  for  purposes  of  clause (ii) the date on which such 5 Trading Day
period  is  exceeded,  or  for  purposes  of clause (iii) the date which such 10
calendar day period is exceeded, or for purposes of clause (v) the date on which
such  10 or 15 calendar day period, as applicable, is exceeded being referred to
as  "Event  Date"),  then  in  addition to any other rights the Holders may have
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hereunder  or  under applicable law, on each such Event Date and on each monthly
anniversary of each such Event Date (if the applicable Event shall not have been
cured  by  such date) until the applicable Event is cured, the Company shall pay
to  each  Holder  an  amount in cash, as partial liquidated damages and not as a
penalty,  equal  to  1.5%  of  the  aggregate purchase price paid by such Holder
pursuant  to  the Purchase Agreement for any Registrable Securities then held by
such  Holder,  subject  to  an  overall  limit  of  up  to  15 months of partial
liquidated  damages.  If the Company fails to pay any partial liquidated damages
pursuant  to  this  Section  in  full  within 7 days after the date payable, the
Company  will  pay  interest  thereon at a rate of 18% per annum (or such lesser
maximum  amount  that  is permitted to be paid by applicable law) to the Holder,
accruing  daily from the date such partial liquidated damages are due until such
amounts,  plus  all  such  interest  thereon,  are  paid  in  full.  The partial
liquidated  damages pursuant to the terms hereof shall apply on a daily pro-rata
basis  for  any  portion  of  a  month  prior  to  the  cure  of  an  Event.

     3.     Registration  Procedures.
            ------------------------

               In  connection  with  the  Company's  registration  obligations
hereunder,  the  Company  shall:

(a)     Not  less  than  3 Trading Days prior to the filing of each Registration
Statement and not less than one 1 Trading Day prior to the filing of any related
Prospectus  or  any amendment or supplement  thereto  ( including  any  document
that  would  be incorporated or deemed to be incorporated therein by reference),
the  Company  shall,  (i)  furnish  to  each Holder copies of all such documents
proposed  to  be filed, which documents (other than those incorporated or deemed
to  be  incorporated by reference) will be subject to the review of such Holders
and  (ii)  cause  its  officers and directors, counsel and independent certified
public  accountants  to  respond to such inquiries as shall be necessary, in the
reasonable opinion of respective counsel to each Holder, to conduct a reasonable
investigation  within  the  meaning of the Securities Act. The Company shall not
file  a  Registration  Statement  or  any  such  Prospectus or any amendments or
supplements  thereto  to  which  the  Holders  of  a majority of the Registrable
Securities  shall  reasonably object in good faith, provided that the Company is
notified  of  such  objection  in writing no later than 3 Trading Days after the
Holders  have  been so furnished copies of a Registration Statement or 1 Trading
Day after the Holders have been so furnished copies of any related Prospectus or
amendment  or supplement thereto. Each Holder agrees to furnish to the Company a
completed  Questionnaire  in  the  form attached to this Agreement as Annex B (a
"Selling  Shareholder  Questionnaire") not less than 2 Trading Days prior to the
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Filing  Date or by the end of the fourth Trading Day following the date on which
such  Holder  receives  draft  materials  in  accordance  with  this  Section.

(b)     (i)  Prepare  and  file  with  the Commission such amendments, including
post-effective  amendments,  to a Registration Statement and the Prospectus used
in  connection  therewith  as  may be necessary to keep a Registration Statement
continuously  effective  as  to  the  applicable  Registrable Securities for the
Effectiveness  Period  and  prepare and file with the Commission such additional
Registration Statements in order to register for resale under the Securities Act
all  of the Registrable Securities; (ii)  cause the  related  Prospectus  to  be
amended  or  supplemented  by any required Prospectus supplement (subject to the
terms of this Agreement), and as so supplemented or amended to be filed pursuant
to  Rule  424;  (iii) respond as promptly as reasonably possible to any comments
received  from  the  Commission  with respect to a Registration Statement or any
amendment  thereto  and  as  promptly as reasonably possible provide the Holders
true  and  complete  copies  of  all  correspondence  from and to the Commission
relating  to  a Registration Statement (provided that the Company may excise any
information  contained  therein  which  would  constitute  material  non-public
information  as to any Holder which has not executed a confidentiality agreement
with  the Company); and (iv) comply in all material respects with the provisions
of  the  Securities  Act and the Exchange Act with respect to the disposition of
all  Registrable  Securities  covered  by  a  Registration  Statement during the
applicable  period  in  accordance (subject to the terms of this Agreement) with
the  intended  methods  of  disposition by the Holders thereof set forth in such
Registration  Statement  as so amended or in such Prospectus as so supplemented.

(c)     If during the Effectiveness Period, the number of Registrable Securities
at  any  time  exceeds  70%  of  the  number  of  shares  of  Common  Stock then
registered  in  a Registration Statement, then the Company shall file as soon as
reasonably  practicable  but in any case prior to the applicable Filing Date, an
additional Registration Statement covering the resale by the Holders of not less
than  130%  of  the  number  of  such  Registrable  Securities.

(d)     Notify  the  Holders  of Registrable Securities to be sold (which notice
shall,  pursuant  to  clauses  (iii)  through  (vi) hereof, be accompanied by an
instruction  to  suspend  the  use of the Prospectus until the requisite changes
have  been  made) as promptly as reasonably possible (and, in the case of (i)(A)
below,  not  less  than 1 Trading Day prior to such filing) and (if requested by
any  such  Person)  confirm  such  notice in writing no later than 1 Trading Day
following  the  day  (i)(A)  when  a  Prospectus or any Prospectus supplement or
post-effective  amendment  to  a Registration Statement is proposed to be filed;
(B) when the Commission notifies the Company whether there will be a "review" of
such  Registration  Statement  and whenever  the Commission  comments in writing
on such Registration Statement; and (C) with respect to a Registration Statement
or any post-effective amendment, when the same has become effective; (ii) of any
request  by  the Commission or any other federal or state governmental authority
for  amendments  or supplements to a Registration Statement or Prospectus or for
additional  information;  (iii)  of  the issuance by the Commission or any other
federal  or  state  governmental  authority  of  any  stop  order suspending the
effectiveness of a Registration Statement covering any or all of the Registrable
Securities  or  the  initiation of any Proceedings for that purpose; (iv) of the
receipt by the Company of any notification with respect to the suspension of the
qualification  or  exemption  from  qualification  of  any  of  the  Registrable
Securities for sale in any jurisdiction, or the initiation or threatening of any
Proceeding  for  such  purpose; (v) of the occurrence of any event or passage of
time  that  makes  the financial statements included in a Registration Statement
ineligible  for  inclusion  therein  or  any  statement  made  in a Registration
Statement  or  Prospectus  or  any  document  incorporated  or  deemed  to  be
incorporated  therein  by  reference  untrue  in  any  material  respect or that
requires  any  revisions  to  a  Registration  Statement,  Prospectus  or  other
documents so that, in the case of a Registration Statement or the Prospectus, as
the  case may be, it will not contain any untrue statement of a material fact or
omit  to  state  any material fact required to be stated therein or necessary to
make the statements therein, in light of the circumstances under which they were
made,  not  misleading;  and  (vi)  the  occurrence  or existence of any pending
corporate  development with respect to the Company that the Company believes may
be  material  and that, in the determination of the Company, makes it not in the
best  interest  of the Company to allow continued availability of a Registration
Statement  or  Prospectus;  provided  that any and all of such information shall
remain  confidential  to  each  Holder  until such information otherwise becomes
public,  unless  disclosure  by  a Holder is required by law; provided, further,
                                                              --------  -------
that,  notwithstanding  each  Holder's  agreement  to  keep  such  information
confidential,  the  Holders make no acknowledgement that any such information is
material,  non-public  information.

(e)     Use its best efforts to avoid the issuance of, or, if issued, obtain the
withdrawal  at  the earliest  practicable  moment  of  (i)  any order suspending
the  effectiveness  of  a  Registration Statement, or (ii) any suspension of the
qualification  (or  exemption  from  qualification)  of  any  of the Registrable
Securities  for  sale  in  any  jurisdiction.

(f)     Furnish  to  each Holder, without charge, at least one conformed copy of
each such Registration Statement and each amendment thereto, including financial
statements  and  schedules,  all  documents   incorporated   or   deemed  to  be
incorporated  therein  by  reference to the extent requested by such Person, and
all  exhibits to the extent requested by such Person (including those previously
furnished  or  incorporated  by  reference)  promptly  after  the filing of such
documents  with  the  Commission.

(g)     Subject  to  the terms of this Agreement, the Company hereby consents to
the  use  of such Prospectus and each amendment or supplement thereto by each of
the  selling Holders in connection with the offering and sale of the Registrable
Securities  covered  by such Prospectus and any amendment or supplement thereto,
except  after  the  giving  of  any  notice  pursuant  to  Section  3(d).

(h)     If  NASDR Rule 2710 requires any broker-dealer to make a filing prior to
executing  a  sale by a Holder, the Company shall (i) make an Issuer Filing with
the  NASDR,  Inc. Corporate Financing Department pursuant to proposed NASDR Rule
2710(b)(10)(A)(i),  (ii)  respond within 5 Trading Days to any comments received
from  NASDR  in  connection  therewith, and (iii) pay the filing fee required in
connection  therewith.

(i)     Prior  to  any  resale  of  Registrable  Securities by a Holder, use its
commercially  reasonable  efforts  to  register or qualify or cooperate with the
selling  Holders  in  connection  with  the  registration  or  qualification (or
exemption from the registration or qualification) of such Registrable Securities
for  the resale by the Holder under  the  securities  or  Blue  Sky laws of such
jurisdictions  within  the  United  States  as any Holder reasonably requests in
writing,  to  keep  each  registration or qualification (or exemption therefrom)
effective  during  the  Effectiveness Period and to do any and all other acts or
things  reasonably  necessary to enable the disposition in such jurisdictions of
the Registrable Securities covered by each Registration Statement; provided that
the  Company  shall  not  be required to qualify generally to do business in any
jurisdiction  where  it  is  not  then  so qualified, subject the Company to any
material  tax in any such jurisdiction where it is not then so subject or file a
general  consent  to  service  of  process  in  any  such  jurisdiction.

(j)     If  requested  by  the Holders, cooperate with the Holders to facilitate
the  timely  preparation  and  delivery of certificates representing Registrable
Securities to be delivered to a transferee pursuant to a Registration Statement,
which  certificates  shall be free,  to  the  extent  permitted  by the Purchase
Agreement,  of all restrictive legends and to enable such Registrable Securities
to be in such denominations and registered in such names as any such Holders may
request.

(k)     Upon  the  occurrence  of  any  event contemplated by this Section 3, as
promptly  as reasonably possible under the circumstances taking into account the
Company's  good  faith assessment of any adverse consequences to the Company and
its stockholders of the premature disclosure of such event, prepare a supplement
or   amendment,  including  a  post-effective   amendment,   to  a  Registration
Statement or a supplement to the related Prospectus or any document incorporated
or  deemed  to be incorporated therein by reference, and file any other required
document  so that, as thereafter delivered, neither a Registration Statement nor
such  Prospectus  will contain an untrue statement of a material fact or omit to
state  a  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.  If the Company notifies the Holders in accordance with clauses
(iii)  through  (vi)  of Section 3(d) above to suspend the use of any Prospectus
until  the requisite changes to such Prospectus have been made, then the Holders
shall  suspend use of such Prospectus.  The Company will use its best efforts to
ensure  that  the  use  of  the  Prospectus  may  be  resumed  as promptly as is
practicable.  The  Company  shall  be  entitled to exercise its right under this
Section  3(k)  to  suspend  the  availability  of  a  Registration Statement and
Prospectus,  subject  to  the  payment of partial liquidated damages pursuant to
Section  2(b),  for  a  period not to exceed 60 calendar days (which need not be
consecutive  days)  in  any  12  month  period.

(l)     Comply  with  all  applicable  rules  and regulations of the Commission.

(m)     The  Company may require each selling Holder to furnish to the Company a
certified  statement  as  to  the  number of shares of Common Stock beneficially
owned  by  such  Holder  and, if required by the Commission, the natural persons
thereof  that  have  voting  and dispositive control over the Shares. During any
periods  that  the  Company  is  unable  to  meet its obligations hereunder with
respect  to  the  registration  of the Registrable Securities solely because any
Holder  fails to furnish such information within 3 Trading Days of the Company's
request, any liquidated damages that are accruing at such time as to such Holder
only  shall be tolled and any Event that  may  otherwise  occur  solely  because
of  such delay shall be suspended as to such Holder only, until such information
is  delivered  to  the  Company.

        4.     Registration  Expenses.  All  fees  and  expenses incident to the
               ----------------------
performance  of  or compliance with this Agreement by the Company shall be borne
by  the Company whether or not any Registrable Securities are sold pursuant to a
Registration  Statement.  The  fees  and  expenses  referred to in the foregoing
sentence shall include, without limitation, (i) all registration and filing fees
(including,  without  limitation,  fees and expenses (A) with respect to filings
required  to  be  made with any Trading Market on which the Common Stock is then
listed  for  trading, (B) in compliance with applicable state securities or Blue
Sky  laws  reasonably  agreed  to  by the Company in writing (including, without
limitation, fees and disbursements of counsel for the Company in connection with
Blue  Sky qualifications or exemptions of the Registrable Securities) and (C) if
not  previously  paid  by  the Company in connection with an Issuer Filing, with
respect  to  any  filing  that  may be required to be made by any broker through
which  a  Holder  intends  to  make  sales  of  Registrable Securities with NASD
Regulation,  Inc.  pursuant  to  the  NASD  Rule  2710, so long as the broker is
receiving  no more than a customary brokerage commission in connection with such
sale,  (ii)  printing  expenses  (including,  without  limitation,  expenses  of
printing certificates for Registrable Securities and of printing prospectuses if
the  printing  of  prospectuses  is  reasonably  requested  by  the holders of a
majority  of  the  Registrable Securities included in a Registration Statement),
(iii) messenger, telephone and delivery expenses, (iv) fees and disbursements of
counsel  for the Company, (v) Securities Act liability insurance, if the Company
so  desires  such  insurance,  and  (vi)  fees and expenses of all other Persons
retained  by the Company in connection with the consummation of the transactions
contemplated  by  this Agreement.  In addition, the Company shall be responsible
for all of its internal expenses incurred in connection with the consummation of
the  transactions contemplated by this Agreement (including, without limitation,
all  salaries  and  expenses  of  its officers and employees performing legal or
accounting  duties),  the  expense of any annual audit and the fees and expenses
incurred  in  connection  with  the listing of the Registrable Securities on any
securities  exchange  as  required  hereunder.  In no event shall the Company be
responsible  for  any  broker or similar commissions of any Holder or, except to
the  extent  provided  for in the Transaction Documents, any legal fees or other
costs  of  the  Holders.

     5.     Indemnification
            ---------------

(a)     Indemnification  by  the Company. The Company shall, notwithstanding any
        --------------------------------
termination  of  this  Agreement,  indemnify  and hold harmless each Holder, the
officers,  directors,  members, partners, agents, brokers (including brokers who
offer  and  sell  Registrable Securities as principal as a result of a pledge or
any failure to perform under a margin call of Common Stock), investment advisors
and  employees  (and  any  other  Persons with a functionally equivalent role of
a  Person holding such titles, notwithstanding a lack of such title or any other
title)  of  each  of  them, each Person who controls any such Holder (within the
meaning  of  Section 15 of the Securities Act or Section 20 of the Exchange Act)
and  the  officers,  directors,  members,  shareholders,  partners,  agents  and
employees (and any other Persons with a functionally equivalent role of a Person
holding such titles, notwithstanding a lack of such title or any other title) of
each such controlling Person, to the fullest extent permitted by applicable law,
from  and  against  any  and  all  losses,  claims,  damages, liabilities, costs
(including,  without  limitation,  reasonable  attorneys'  fees)  and  expenses
(collectively,  "Losses"),  as  incurred,  arising out of or relating to (1) any
                 ------
untrue  or  alleged  untrue  statement  of  a  material  fact  contained  in  a
Registration  Statement,  any  Prospectus  or  any  form of prospectus or in any
amendment or supplement thereto or in any preliminary prospectus, or arising out
of  or  relating to any omission or alleged omission of a material fact required
to be stated therein or necessary to make the statements therein (in the case of
any  Prospectus  or  form  of  prospectus or supplement thereto, in light of the
circumstances  under  which they were made) not misleading, or (2) any violation
or  alleged  violation by the Company of the Securities Act, Exchange Act or any
state  securities  law, or any rule or regulation thereunder, in connection with
the  performance  of its obligations under this Agreement, except to the extent,
but  only  to the extent, that (i) such untrue statements or omissions are based
solely  upon  information  regarding  such  Holder  furnished  in writing to the
Company  by  such  Holder  expressly for use therein, or to the extent that such
information  relates  to  such  Holder  or  such  Holder's  proposed  method  of
distribution  of  Registrable Securities and was reviewed and expressly approved
in  writing  by  such Holder expressly for use in a Registration Statement, such
Prospectus  or such form of Prospectus or in any amendment or supplement thereto
(it  being  understood  that  the  Holder  has  approved Annex A hereto for this
purpose)  or (ii) in the case of an occurrence of an event of the type specified
in  Section  3(d)(iii)-(vi),  the use by such Holder of an outdated or defective
Prospectus  after  the  Company  has  notified  such  Holder in writing that the
Prospectus  is  outdated or defective and prior to the receipt by such Holder of
the  Advice  contemplated in Section 6(d).  The Company shall notify the Holders
promptly  of the institution, threat or assertion of any Proceeding arising from
or  in  connection with the transactions contemplated by this Agreement of which
the  Company  is  aware.

(b)     Indemnification  by  Holders.  Each  Holder  shall,  severally  and  not
        ----------------------------
jointly,  indemnify  and  hold  harmless  the  Company, its directors, officers,
agents  and  employees, each Person who controls the Company (within the meaning
of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the
directors,  officers,  agents  or  employees  of  such  controlling  Persons, to
the  fullest extent permitted by applicable law, from and against all Losses, as
incurred,  to  the extent arising out of or based solely upon: (x) such Holder's
failure  to  comply  with the prospectus delivery requirements of the Securities
Act  or  (y) any untrue or alleged untrue statement of a material fact contained
in  any Registration Statement, any Prospectus, or any form of prospectus, or in
any amendment or supplement thereto or in any preliminary prospectus, or arising
out  of  or  relating  to  any  omission  or alleged omission of a material fact
required  to  be  stated therein or necessary to make the statements therein not
misleading (i) to the extent, but only to the extent, that such untrue statement
or  omission  is  contained  in  any information so furnished in writing by such
Holder  to the Company specifically for inclusion in such Registration Statement
or  such  Prospectus or (ii) to the extent that such information relates to such
Holder's  proposed  method  of  distribution  of  Registrable Securities and was
reviewed and expressly approved in writing by such Holder expressly for use in a
Registration Statement (it being understood that the Holder has approved Annex A
hereto  for  this purpose), such Prospectus or such form of Prospectus or in any
amendment or supplement thereto or (ii) in the case of an occurrence of an event
of  the  type  specified in Section 3(d)(iii)-(vi), the use by such Holder of an
outdated  or  defective Prospectus after the Company has notified such Holder in
writing that the Prospectus is outdated or defective and prior to the receipt by
such  Holder  of  the Advice contemplated in Section 6(d). In no event shall the
liability  of  any selling Holder hereunder be greater in amount than the dollar
amount  of  the  net  proceeds  received  by  such  Holder  upon the sale of the
Registrable  Securities  giving  rise  to  such  indemnification  obligation.

(c)     Conduct  of  Indemnification  Proceedings.  If  any  Proceeding shall be
        -----------------------------------------
brought  or  asserted  against  any  Person  entitled to indemnity hereunder (an
"Indemnified  Party"),  such  Indemnified Party shall promptly notify the Person
 ------------------
from  whom  indemnity  is  sought (the "Indemnifying Party") in writing, and the
                                        ------------------
Indemnifying Party shall have the right to assume the defense thereof, including
the  employment of counsel reasonably  satisfactory  to  the  Indemnified  Party
and  the  payment  of  all fees and expenses incurred in connection with defense
thereof; provided, that the failure of any Indemnified Party to give such notice
shall  not  relieve  the  Indemnifying  Party  of its obligations or liabilities
pursuant  to  this  Agreement,  except (and only) to the extent that it shall be
finally  determined by a court of competent jurisdiction (which determination is
not subject to appeal or further review) that such failure shall have prejudiced
the  Indemnifying  Party.

               An  Indemnified  Party  shall  have  the right to employ separate
counsel  in  any  such Proceeding and to participate in the defense thereof, but
the  fees  and  expenses  of  such  counsel  shall  be  at  the  expense of such
Indemnified  Party  or Parties unless:  (1) the Indemnifying Party has agreed in
writing  to  pay  such  fees and expenses; (2) the Indemnifying Party shall have
failed  promptly  to assume the defense of such Proceeding and to employ counsel
reasonably satisfactory to such Indemnified Party in any such Proceeding; or (3)
the  named  parties  to  any  such  Proceeding (including any impleaded parties)
include  both  such Indemnified Party and the Indemnifying Party, and counsel to
the  Indemnified  Party  shall  reasonably  believe  that a material conflict of
interest  is  likely  to  exist  if  the  same  counsel  were  to represent such
Indemnified Party and the Indemnifying Party (in which case, if such Indemnified
Party  notifies  the  Indemnifying  Party  in  writing  that it elects to employ
separate  counsel  at  the  expense  of the Indemnifying Party, the Indemnifying
Party  shall not have the right to assume the defense thereof and the reasonable
fees  and  expenses of no more than one separate counsel shall be at the expense
of  the Indemnifying Party).  The Indemnifying Party shall not be liable for any
settlement  of  any  such Proceeding effected without its written consent, which
consent  shall  not  be unreasonably withheld or delayed.  No Indemnifying Party
shall,  without  the  prior written consent of the Indemnified Party, effect any
settlement  of  any pending Proceeding in respect of which any Indemnified Party
is  a  party,  unless  such settlement includes an unconditional release of such
Indemnified  Party  from  all liability on claims that are the subject matter of
such  Proceeding.

     Subject to the terms of this Agreement, all reasonable fees and expenses of
the  Indemnified  Party  (including  reasonable  fees and expenses to the extent
incurred in connection with investigating or preparing to defend such Proceeding
in a manner not inconsistent with this Section) shall be paid to the Indemnified
Party,  as  incurred,  within  ten Trading Days of written notice thereof to the
Indemnifying  Party;  provided,  that  the  Indemnified  Party  shall  promptly
reimburse  the  Indemnifying  Party  for  that portion of such fees and expenses
applicable  to  such  actions  for  which  such  Indemnified Party is judicially
determined  to  be  not  entitled  to  indemnification  hereunder.

(d)     Contribution.  If  the  indemnification  under  Section  5(a) or 5(b) is
        ------------
unavailable to an Indemnified Party or insufficient to hold an Indemnified Party
harmless  for  any Losses, then each  Indemnifying  Party  shall  contribute  to
the  amount  paid or payable by such Indemnified Party, in such proportion as is
appropriate  to  reflect  the  relative  fault  of  the  Indemnifying  Party and
Indemnified  Party  in connection with the actions, statements or omissions that
resulted  in such Losses as well as any other relevant equitable considerations.
The  relative  fault  of  such Indemnifying Party and Indemnified Party shall be
determined  by reference to, among other things, whether any action in question,
including  any untrue or alleged untrue statement of a material fact or omission
or alleged omission of a material fact, has been taken or made by, or relates to
information  supplied  by, such Indemnifying Party or Indemnified Party, and the
parties'  relative  intent,  knowledge, access to information and opportunity to
correct  or  prevent  such  action,  statement  or omission.  The amount paid or
payable by a party as a result of any Losses shall be deemed to include, subject
to  the  limitations  set  forth in this Agreement, any reasonable attorneys' or
other  fees or expenses incurred by such party in connection with any Proceeding
to  the  extent such party would have been indemnified for such fees or expenses
if  the indemnification provided for in this Section was available to such party
in  accordance  with  its  terms.

       The  parties  hereto  agree  that  it  would not be just and equitable if
contribution  pursuant  to  this  Section  5(d)  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.
Notwithstanding the provisions of this Section 5(d), no Holder shall be required
to contribute, in the aggregate, any amount in excess of the amount by which the
proceeds  actually  received  by  such  Holder  from the sale of the Registrable
Securities subject to the Proceeding exceeds the amount of any damages that such
Holder  has  otherwise  been required to pay by reason of such untrue or alleged
untrue statement or omission or alleged omission, except in the case of fraud by
such  Holder.

The  indemnity  and  contribution  agreements  contained  in this Section are in
addition  to  any  liability  that  the  Indemnifying  Parties  may  have to the
Indemnified  Parties.

     6.     Miscellaneous
            -------------

(a)     Remedies.  In  the  event  of a breach by the Company or by a Holder, of
        --------
any  of  their  respective  obligations under this Agreement, each Holder or the
Company,  as  the  case  may  be,  in addition to being entitled to exercise all
rights  granted  by law and under this Agreement, including recovery of damages,
will  be  entitled  to  specific performance of its rights under this Agreement.
The  Company  and  each  Holder  agree  that  monetary damages would not provide
adequate compensation for any losses incurred by reason of a breach by it of any
     of  the provisions of this Agreement and hereby further agrees that, in the
event of any action for specific performance in respect of such breach, it shall
not  assert  or  shall waive the defense that a remedy at law would be adequate.

(b)     No  Piggyback  on  Registrations.  Except  as set forth on Schedule 6(b)
        --------------------------------                           -------------
attached hereto, neither the Company nor any of its security holders (other than
the Holders in such capacity pursuant hereto)  may  include  securities  of  the
Company  in  the  initial  Registration  Statement  other  than  the Registrable
Securities.  The  Company shall not file any other registration statements until
the  initial  Registration Statement required hereunder is declared effective by
the  Commission,  provided that this Section 6(b) shall not prohibit the Company
from  filing  amendments  to  registration  statements  already  filed.

(c)     Compliance.  Each  Holder  covenants and agrees that it will comply with
        ----------
the  prospectus  delivery requirements of the Securities Act as applicable to it
in  connection  with  sales of Registrable Securities pursuant to a Registration
Statement.

(d)     Discontinued  Disposition.  Each  Holder  agrees  by  its acquisition of
        -------------------------
Registrable  Securities  that,  upon receipt of a notice from the Company of the
occurrence of any event of the kind described in Section 3(d)(iii) through (vi),
such  Holder  will  forthwith   discontinue   disposition  of  such  Registrable
Securities  under  a  Registration Statement until it is advised in writing (the
"Advice")  by  the  Company that the use of the applicable Prospectus (as it may
  -----
have  been  supplemented  or  amended) may be resumed.  The Company will use its
best efforts to ensure that the use of the Prospectus may be resumed as promptly
as  it practicable.  The Company agrees and acknowledges that any periods during
which  the  Holder is required to discontinue the disposition of the Registrable
Securities  hereunder  shall  be  subject  to  the  provisions  of Section 2(b).

(e)     Piggy-Back Registrations. If at any time during the Effectiveness Period
        ------------------------
there  is   not  an  effective   Registration  Statement  covering  all  of  the
Registrable  Securities and the Company shall determine to prepare and file with
the  Commission  a  registration  statement  relating to an offering for its own
account  or  the account of others under the Securities Act of any of its equity
securities,  other  than  on Form S-4 or Form S-8 (each as promulgated under the
Securities  Act)  or  their then equivalents relating to equity securities to be
issued  solely  in  connection with any acquisition of any entity or business or
equity securities issuable in connection with the stock option or other employee
benefit  plans,  then  the Company shall send to each Holder a written notice of
such  determination  and,  if within fifteen days after the date of such notice,
any  such  Holder shall so request in writing, the Company shall include in such
registration  statement  all  or  any  part  of such Registrable Securities such
Holder  requests to be registered; provided, however, that the Company shall not
                                   --------  -------
be required to register any Registrable Securities pursuant to this Section 6(e)
that  are  eligible  for  resale  pursuant  to Rule 144(k) promulgated under the
Securities  Act  or  that  are  the  subject  of  a  then effective Registration
Statement.

(f)     Amendments  and Waivers. The provisions of this Agreement, including the
        -----------------------
provisions  of  this sentence, may not be amended, modified or supplemented, and
waivers  or  consents to departures from the provisions hereof may not be given,
unless the same shall be in writing and signed by the Company and each Holder of
the   then   outstanding   Registrable   Securities.   Notwithstanding   the
foregoing, a waiver or consent to depart from the provisions hereof with respect
to  a matter that relates exclusively to the rights of Holders and that does not
directly  or  indirectly  affect  the  rights  of  other Holders may be given by
Holders  of  all  of  the Registrable Securities to which such waiver or consent
relates;  provided,  however,  that  the  provisions of this sentence may not be
          --------   -------
amended,  modified,  or supplemented except in accordance with the provisions of
the  immediately  preceding  sentence.

(g)     Notices.  Any  and  all  notices  or  other communications or deliveries
        -------
required  or  permitted to be provided hereunder shall be delivered as set forth
in  the  Purchase  Agreement.

(h)     Successors and Assigns. This Agreement shall inure to the benefit of and
        ----------------------
be  binding  upon  the  successors  and permitted assigns of each of the parties
and  shall  inure  to  the  benefit  of  each Holder. The Company may not assign
(except by merger) its rights or obligations hereunder without the prior written
consent  of  all  of the Holders of the then-outstanding Registrable Securities.
Each  Holder  may  assign their respective rights hereunder in the manner and to
the  Persons  as  permitted  under  the  Purchase  Agreement.

(i)     No  Inconsistent  Agreements.  Neither  the  Company  nor  any  of  its
        ----------------------------
Subsidiaries has entered, as of the date hereof, nor shall the Company or any of
its  Subsidiaries,  on  or  after  the  date  of this  Agreement, enter into any
agreement  with  respect  to  its  securities,  that  would  have  the effect of
impairing  the  rights  granted  to  the  Holders in this Agreement or otherwise
conflicts  with  the  provisions  hereof.  Except as set forth on Schedule 6(i),
                                                                  -------------
neither  the Company nor any of its subsidiaries has previously entered into any
agreement granting any registration rights with respect to any of its securities
to  any  Person  that  have  not  been  satisfied  in  full.

(j)     Execution  and  Counterparts.  This  Agreement may be executed in two or
        ----------------------------
more  counterparts, all of which when taken together shall be considered one and
the same agreement and shall become effective when counterparts have been signed
by  each  party  and delivered to the  other party,  it  being  understood  that
both  parties  need  not  sign  the  same  counterpart.  In  the  event that any
signature  is  delivered  by  facsimile  transmission or by e-mail delivery of a
".pdf"  format  data  file,  such  signature  shall  create  a valid and binding
obligation  of  the  party  executing  (or  on  whose  behalf  such signature is
executed)  with  the  same  force  and  effect  as  if  such facsimile or ".pdf"
signature  page  were  an  original  thereof.

(k)     Governing  Law.  All  questions  concerning  the construction, validity,
        --------------
enforcement  and  interpretation  of  this  Agreement  shall  be  determined  in
accordance  with  the  provisions  of  the  Purchase  Agreement.

(l)     Cumulative Remedies. The remedies provided herein are cumulative and not
        -------------------
     exclusive  of  any  other  remedies  provided  by  law.

(m)     Severability.  If  any  term, provision, covenant or restriction of this
        ------------
Agreement  is  held by a court of competent jurisdiction to be invalid, illegal,
void  or  unenforceable,  the  remainder of the terms, provisions, covenants and
restrictions set forth herein shall remain in full force and effect and shall in
no  way  be affected, impaired or invalidated, a nd  the  parties  hereto  shall
use  their  commercially  reasonable  efforts  to find and employ an alternative
means  to achieve the same or substantially the same result as that contemplated
by  such  term,  provision, covenant or restriction. It is hereby stipulated and
declared  to  be  the intention of the parties that they would have executed the
remaining terms, provisions, covenants and restrictions without including any of
such  that  may  be  hereafter declared invalid, illegal, void or unenforceable.

(n)     Headings.  The  headings  in this Agreement are for convenience only, do
        --------
not  constitute  a  part  of  this Agreement and shall not be deemed to limit or
affect  any  of  the  provisions  hereof.

(o)     Independent  Nature  of Holders' Obligations and Rights. The obligations
        -------------------------------------------------------
of  each  Holder hereunder are several and not joint with the obligations of any
other  Holder  hereunder,  and no Holder shall be responsible in any way for the
performance  of the obligations of any other Holder hereunder. Nothing contained
herein  or  in  any other agreement or document delivered at any closing, and no
action  taken  by  any  Holder  pursuant  hereto  or thereto, shall be deemed to
constitute  the Holders as a partnership, an association, a joint venture or any
other  kind  of  entity, or create a presumption that the Holders are in any way
acting  in  concert  with  respect  to  such  obligations  or  the  transactions
contemplated  by  this  Agreement.  Each Holder shall be entitled to protect and
enforce  its rights, including without limitation the rights arising out of this
Agreement, and it shall not be necessary for any other Holder to be joined as an
additional  party  in  any  proceeding  for  such  purpose.

                              ********************

<PAGE>

   IN  WITNESS  WHEREOF, the parties have executed this Registration
Rights  Agreement  as  of  the  date  first  written  above.

TRINITY  LEARNING  CORPORATION

   By: /s/Pat Quinn
       ------------
 Name: Pat Quinn
Title: Cheif Financial Officer

                       [SIGNATURE PAGE OF HOLDERS FOLLOWS]

<PAGE>
                     [SIGNATURE PAGE OF HOLDERS TO TTYL RRA]

Name  of  Holder:  __________________________
Signature  of  Authorized  Signatory  of  Holder:  __________________________
Name  of  Authorized  Signatory:  _________________________
Title  of  Authorized  Signatory:  __________________________

                           [SIGNATURE PAGES CONTINUE]

<PAGE>

                                     ANNEX A

                              Plan of Distribution
                              --------------------
     Each  Selling  Stockholder (the "Selling Stockholders") of the common stock
                                      --------------------
and  any  of their pledgees, assignees and successors-in-interest may, from time
to  time,  sell  any  or all of their shares of common stock on the OTC Bulletin
Board  or  any  other  stock  exchange,  market or trading facility on which the
shares  are  traded  or in private transactions.  These sales may be at fixed or
negotiated  prices.  A  Selling  Stockholder  may  use  any  one  or more of the
following  methods  when  selling  shares:

-    ordinary brokerage transactions and transactions in which the broker-dealer
     solicits  purchasers;

-    block trades  in which the broker-dealer will attempt to sell the shares as
     agent  but  may  position and resell a portion of the block as principal to
     facilitate  the  transaction;

-    purchases  by  a broker-dealer as principal and resale by the broker-dealer
     for  its  account;

-    an exchange  distribution  in  accordance  with the rules of the applicable
     exchange;

-    privately  negotiated  transactions;

-    settlement  of  short  sales  entered  into after the effective date of the
     registration  statement  of  which  this  prospectus  is  a  part;

-    broker-dealers  may agree with the Selling Stockholders to sell a specified
     number  of  such  shares  at  a  stipulated  price  per  share;

-    through the writing or settlement of options or other hedging transactions,
     whether  through  an  options  exchange  or  otherwise;

-    a  combination  of  any  such  methods  of  sale;  or

-    any  other  method  permitted  pursuant  to  applicable  law.

     The  Selling  Stockholders  may  also  sell shares under Rule 144 under the
Securities  Act of 1933, as amended (the "Securities Act"), if available, rather
                                          --------------
than  under  this  prospectus.
Broker-dealers  engaged  by  the  Selling  Stockholders  may  arrange  for other
brokers-dealers to participate in sales.  Broker-dealers may receive commissions
or  discounts  from  the  Selling Stockholders (or, if any broker-dealer acts as
agent  for  the  purchaser  of  shares,  from  the  purchaser)  in amounts to be
negotiated,  but, except as set forth in a supplement to this Prospectus, in the
case  of an agency transaction not in excess of a customary brokerage commission
in compliance with NASDR Rule 2440; and in the case of a principal transaction a
markup  or  markdown  in  compliance  with  NASDR  IM-2440.

In  connection  with  the  sale  of  the  common stock or interests therein, the
Selling  Stockholders may enter into hedging transactions with broker-dealers or
other  financial  institutions,  which  may in turn engage in short sales of the
Common  Stock  in  the course of hedging the positions they assume.  The Selling
Stockholders  may  also  sell shares of the common stock short and deliver these
securities  to  close  out  their  short positions, or loan or pledge the common
stock  to  broker-dealers  that  in turn may sell these securities.  The Selling
Stockholders  may  also  enter  into  option  or  other  transactions  with
broker-dealers  or  other  financial institutions or the creation of one or more
derivative  securities which require the delivery to such broker-dealer or other
financial  institution  of  shares offered by this prospectus, which shares such
broker-dealer  or  other  financial  institution  may  resell  pursuant  to this
prospectus  (as  supplemented  or  amended  to  reflect  such  transaction).
The  Selling  Stockholders and any broker-dealers or agents that are involved in
selling  the shares may be deemed to be "underwriters" within the meaning of the
Securities  Act  in  connection with such sales.  In such event, any commissions
received  by  such  broker-dealers or agents and any profit on the resale of the
shares  purchased  by  them  may  be  deemed  to  be underwriting commissions or
discounts  under  the Securities Act.  Each Selling Stockholder has informed the
Company  that  it  does not have any written or oral agreement or understanding,
directly  or  indirectly,  with any person to distribute the Common Stock. In no
event  shall  any  broker-dealer receive fees, commissions and markups which, in
the  aggregate,  would  exceed  eight  percent  (8%).

The Company is required to pay certain fees and expenses incurred by the Company
incident to the registration of the shares.  The Company has agreed to indemnify
the  Selling  Stockholders  against  certain  losses,  claims,  damages  and
liabilities,  including  liabilities  under  the  Securities  Act.

Because  Selling  Stockholders  may  be  deemed  to be "underwriters" within the
meaning  of  the Securities Act, they will be subject to the prospectus delivery
requirements  of the Securities Act including Rule 172 thereunder.  In addition,
any  securities  covered  by  this prospectus which qualify for sale pursuant to
Rule  144  under the Securities Act may be sold under Rule 144 rather than under
this  prospectus.  There  is  no  underwriter  or  coordinating broker acting in
connection  with  the  proposed  sale  of  the  resale  shares  by  the  Selling
Stockholders.

We agreed to keep this prospectus effective until the earlier of (i) the date on
which  the shares may be resold by the Selling Stockholders without registration
and  without regard to any volume limitations by reason of Rule 144(k) under the
Securities  Act  or  any  other rule of similar effect or (ii) all of the shares
have  been sold pursuant to this prospectus or Rule 144 under the Securities Act
or  any  other  rule  of  similar  effect.  The  resale shares will be sold only
through  registered  or licensed brokers or dealers if required under applicable
state securities laws. In addition, in certain states, the resale shares may not
be sold unless they have been registered or qualified for sale in the applicable
state  or  an  exemption  from  the registration or qualification requirement is
available  and  is  complied  with.

Under  applicable  rules  and  regulations  under  the  Exchange Act, any person
engaged  in  the distribution of the resale shares may not simultaneously engage
in  market making activities with respect to the common stock for the applicable
restricted  period, as defined in Regulation M, prior to the commencement of the
distribution.  In  addition,  the  Selling  Stockholders  will  be  subject  to
applicable  provisions  of  the  Exchange  Act  and  the  rules  and regulations
thereunder,  including Regulation M, which may limit the timing of purchases and
sales  of  shares  of  the common stock by the Selling Stockholders or any other
person.  We  will  make  copies  of  this  prospectus  available  to the Selling
Stockholders  and  have  informed  them  of  the  need to deliver a copy of this
prospectus  to  each purchaser at or prior to the time of the sale (including by
compliance  with  Rule  172  under  the  Securities  Act).

<PAGE>
                                                                         ANNEX B
                          TRINITY LEARNING CORPORATION
                 SELLING SECURITYHOLDER NOTICE AND QUESTIONNAIRE
     The  undersigned  beneficial  owner of common stock, no par value per share
(the  "Common  Stock"), of Trinity Learning Corporation, a Utah corporation (the
       -------------
"Company"),  (the  "Registrable  Securities")  understands  that the Company has
 -------            -----------------------
filed  or  intends  to  file  with  the  Securities and Exchange Commission (the
"Commission")  a  registration  statement  on  Form  S-1  (the  "Registration
Statement") for the registration and resale under Rule 415 of the Securities Act
of  1933,  as  amended (the "Securities Act"), of the Registrable Securities, in
                             --------------
accordance  with  the  terms  of  the Registration Rights Agreement, dated as of
March  31, 2006 (the "Registration Rights Agreement"), among the Company and the
                      -----------------------------
Purchasers  named  therein.  A  copy  of  the  Registration  Rights Agreement is
available  from  the  Company  upon request at the address set forth below.  All
capitalized  terms not otherwise defined herein shall have the meanings ascribed
thereto  in  the  Registration  Rights  Agreement.

Certain legal consequences arise from being named as a selling securityholder in
the Registration Statement and the related prospectus.  Accordingly, holders and
beneficial  owners  of  Registrable  Securities are advised to consult their own
securities  law  counsel  regarding the consequences of being named or not being
named  as a selling securityholder in the Registration Statement and the related
prospectus.
                                     NOTICE

     The  undersigned  beneficial  owner  (the  "Selling  Securityholder")  of
                                                 -----------------------
Registrable Securities hereby elects to include the Registrable Securities owned
by  it and listed below in Item 3 (unless otherwise specified under such Item 3)
in  the  Registration  Statement.

<PAGE>

The  undersigned  hereby  provides  the following information to the Company and
represents  and  warrants  that  such  information  is  accurate:

                                  QUESTIONNAIRE
1.     NAME.
     (a)     Full  Legal  Name  of  Selling  Securityholder

     (b)     Full Legal Name of Registered Holder (if not the same as (a) above)
through  which  Registrable  Securities  Listed  in  Item  3  below  are  held:

     (c)     Full  Legal  Name  of Natural Control Person (which means a natural
person  who  directly  or  indirectly  alone or with others has power to vote or
dispose  of  the  securities  covered  by  the  questionnaire):

2.  ADDRESS  FOR  NOTICES  TO  SELLING  SECURITYHOLDER:

Telephone:
----------
Fax:
Contact  Person:

3.  BENEFICIAL  OWNERSHIP  OF  REGISTRABLE  SECURITIES:
     (a)     Type  and  Number of Registrable Securities beneficially owned (not
including  the Registrable Securities that are issuable pursuant to the Purchase
Agreement):

<PAGE>

4.  BROKER-DEALER  STATUS:

     (a)     Are  you  a  broker-dealer?
           [ ] Yes   [ ] No

     (b)     If  "yes"  to  Section  4(a),  did  you  receive  your  Registrable
Securities  as  compensation  for  investment  banking  services to the Company.
           [ ] Yes   [ ] No
     Note:     If  no,  the  Commission's staff has indicated that you should be
identified  as  an  underwriter  in  the  Registration  Statement.

     (c)     Are  you  an  affiliate  of  a  broker-dealer?
           [ ] Yes   [ ] No

     (d)     If you are an affiliate of a broker-dealer, do you certify that you
bought the Registrable Securities in the ordinary course of business, and at the
time  of  the  purchase  of  the Registrable Securities to be resold, you had no
agreements  or  understandings,  directly  or  indirectly,  with  any  person to
distribute  the  Registrable  Securities?
           [ ] Yes   [ ] No
     Note:     If  no,  the  Commission's staff has indicated that you should be
identified  as  an  underwriter  in  the  Registration  Statement.

5.  BENEFICIAL OWNERSHIP OF OTHER SECURITIES OF THE COMPANY OWNED BY THE SELLING
SECURITYHOLDER.
Except  as set forth below in this Item 5, the undersigned is not the beneficial
or  registered owner of any securities of the Company other than the Registrable
Securities  listed  above  in  Item  3.

     (a)     Type  and  Amount  of  Other  Securities  beneficially owned by the
Selling  Securityholder:

<PAGE>

6.  RELATIONSHIPS  WITH  THE  COMPANY:
Except  as  set  forth below, neither the undersigned nor any of its affiliates,
officers,  directors  or  principal  equity holders (owners of 5% of more of the
equity securities of the undersigned) has held any position or office or has had
any  other  material  relationship  with  the  Company  (or  its predecessors or
affiliates)  during  the  past  three  years.
     State  any  exceptions  here:

     The  undersigned  agrees to promptly notify the Company of any inaccuracies
or  changes  in the information provided herein that may occur subsequent to the
date  hereof  at  any  time  while the Registration Statement remains effective.
By  signing below, the undersigned consents to the disclosure of the information
contained  herein  in its answers to Items 1 through 6 and the inclusion of such
information  in  the  Registration  Statement and the related prospectus and any
amendments  or  supplements  thereto.  The  undersigned  understands  that  such
information  will  be  relied  upon  by  the  Company  in  connection  with  the
preparation  or  amendment  of  the  Registration  Statement  and  the  related
prospectus.

IN  WITNESS  WHEREOF  the  undersigned, by authority duly given, has caused this
Notice and Questionnaire to be executed and delivered either in person or by its
duly  authorized  agent.
Dated:          Beneficial  Owner:

                 By:
               Name:
              Title:

PLEASE  FAX  A  COPY OF THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE, AND
RETURN  THE  ORIGINAL  BY  OVERNIGHT  MAIL,  TO:Exhibit 10.5

                               SECURITY AGREEMENT

            SECURITY  AGREEMENT,  dated as of March 31, 2006 (this "Agreement"),
                                                                    ---------
among  Trinity  Learning Corporation, a Utah corporation (the "Company") and all
                                                               -------
of  the  Subsidiaries  of the Company (such subsidiaries, the "Guarantors") (the
                                                               ----------
Company  and  Guarantors  are collectively referred to as the "Debtors") and the
                                                               -------
holder or holders of the Company's 15% Senior  Secured Convertible Debenture due
March  31,  2010  in the original aggregate principal amount of up to $8,500,000
(the  "Debenture"),  signatory  hereto, their endorsees, transferees and assigns
       ---------
(collectively  referred  to  as,  the  "Secured  Parties").
                                        ----------------

                              W I T N E S S E T H:

            WHEREAS,  pursuant  to  the  Debenture,  the  Secured  Parties  have
severally  agreed to extend the loans to the Company evidenced by the Debenture;

            WHEREAS,  pursuant to a certain Subsidiary Guarantee dated as of the
date  hereof  (the "Guaranty"), the Guarantors have jointly and severally agreed
                    --------
to  guaranty  and  act  as  surety  for  payment  of  such  loans;  and

            WHEREAS,  in order to induce the Secured Parties to extend the loans
evidenced  by  the  Debentures, each Debtor has agreed to execute and deliver to
the  Secured Parties this Agreement and to grant the Secured Parties, pari passu
with each other Secured Party, a perfected security interest in certain property
of  such  Debtor to secure the prompt payment, performance and discharge in full
of  all  of the Company's obligations under the Debenture and the other Debtor's
obligations  under  the  Guaranty.

            NOW,  THEREFORE, in consideration of the agreements herein contained
and  for  other  good and valuable consideration, the receipt and sufficiency of
which  is  hereby  acknowledged,  the  parties  hereto  hereby agree as follows:

            1.     CERTAIN DEFINITIONS. As used in this Agreement, the following
terms  shall  have the meanings set forth in this Section 1.  Terms used but not
otherwise  defined  in  this  Agreement that are defined in Article 9 of the UCC
(such as "account", "chattel paper", "commercial tort claim", "deposit account",
"document",  "equipment",  "fixtures",  "general  intangibles",  "goods",
"instruments",  "inventory",  "investment  property", "letter-of-credit rights",
"proceeds"  and  "supporting  obligations")  shall  have the respective meanings
given  such  terms  in  Article  9  of  the  UCC.

     (a)     "Collateral"  means the collateral in which the Secured Parties are
              ----------
granted  a  security  interest  by  this  Agreement  and which shall include the
following  personal property of the Debtors, whether presently owned or existing
or  hereafter  acquired  or  coming  into  existence, wherever situated, and all
additions and accessions thereto and all substitutions and replacements thereof,
and  all proceeds, products and accounts thereof, including, without limitation,
all  proceeds  from  the  sale  or  transfer  of the Collateral and of insurance
covering  the  same  and  of  any  tort  claims in connection therewith, and all
dividends,  interest, cash, notes, securities, equity interest or other property
at  any time and from time to time acquired, receivable or otherwise distributed
in  respect  of,  or  in  exchange for, any or all of the Pledged Securities (as
defined  below):

     (i)   All  goods,  including,  without  limitations,  (A)  all  machinery,
equipment,  computers,  motor vehicles, trucks, tanks, boats, ships, appliances,
furniture, special and general tools, fixtures, test and quality control devices
and  other  equipment  of  every kind and nature and wherever situated, together
with  all  documents of title and documents representing the same, all additions
and  accessions  thereto,  replacements  therefor,  all  parts therefor, and all
substitutes  for  any  of  the  foregoing and all other items used and useful in
connection  with  any  Debtor's businesses and all improvements thereto; and (B)
all  inventory;

     (ii)     All  contract  rights  and  other  general intangibles, including,
without  limitation,  all  partnership interests, membership interests, stock or
other  securities,  rights under any of the Organizational Documents, agreements
related  to  the Pledged Securities,licenses, distribution and other agreements,
computer  software  (whether  "off-the-shelf",  licensed from any third party or
developed  by  any  Debtor),  computer  software  development  rights,  leases,
franchises,  customer  lists,  quality  control  procedures,  grants and rights,
goodwill,  trademarks, service marks, trade styles, trade names, patents, patent
applications,  copyrights,  and  income  tax  refunds;

     (iii)    All  accounts,  together  with  all instruments, all documents of
title representing any of the foregoing, all rights in any merchandising, goods,
equipment,  motor  vehicles  and trucks which any of the same may represent, and
all  right,  title,  security  and  guaranties  with  respect  to  each account,
including  any  right  of  stoppage  in  transit;

     (iv)     All  documents,  letter-of-credit  rights, instruments and chattel
paper;

     (v)      All  commercial  tort  claims;

     (vi)     All  deposit  accounts  and  all cash (whether or not deposited in
such  deposit  accounts);

     (vii)    All  investment  property;

     (viii)   All  supporting  obligations;  and

     (ix)     All  files,  records,  books  of  account,  business  papers,  and
computer  programs;  and

     (x)     the  products  and  proceeds of all of the foregoing Collateral set
forth  in  clauses  (i)-(ix)  above.

     Without  limiting  the  generality of the foregoing, the "Collateral" shall
                                                               ----------
include  all  investment  property  and general intangibles respecting ownership
and/or  other equity interests in each Guarantor, including, without limitation,
the shares  of capital stock and the other equity interests listed on Schedule H
hereto  (as  the  same  may  be modified from time to time pursuant to the terms
hereof),  and any other shares of capital stock and/or other equity interests of
any  other  direct  or indirect subsidiary of any Debtor obtained in the future,
and,  in  each  case,  all  certificates  representing such shares and/or equity
interests  and,  in  each  case,  all  rights,  options,  warrants, stock, other
securities and/or equity interests that may hereafter be received, receivable or
distributed  in  respect  of, or exchanged for, any of the foregoing (all of the
foregoing  being  referred to herein as the "Pledged Securities") and all rights
arising  under  or in connection with the Pledged Securities, including, but not
limited  to,  all  dividends,  interest  and  cash.

     Notwithstanding the foregoing, nothing herein shall be deemed to constitute
an assignment of any asset which, in the event of an assignment, becomes void by
operation  of  applicable law or the assignment of which is otherwise prohibited
by  applicable  law  (in each case to the extent that such applicable law is not
overridden  by  Sections  9-406,  9-407 and/or 9-408 of the UCC or other similar
applicable  law);  provided, however, that to the extent permitted by applicable
law, this Agreement shall create a valid security interest in such asset and, to
the  extent  permitted  by  applicable  law, this Agreement shall create a valid
security  interest  in  the  proceeds  of  such  asset.

     (b)     "Intellectual  Property"  means  the  collective  reference  to all
              ----------------------
rights,  priorities  and  privileges  relating to intellectual property, whether
arising  under  United  States,  multinational  or  foreign  laws  or otherwise,
including,  without limitation, (i) all copyrights arising under the laws of the
United  States,  any other country or any political subdivision thereof, whether
registered  or  unregistered  and  whether  published  or  unpublished,  all
registrations  and  recordings  thereof,  and  all  applications  in  connection
therewith,  including,  without  limitation,  all  registrations, recordings and
applications  in  the United States Copyright Office, (ii) all letters patent of
the  United  States, any other country or any political subdivision thereof, all
reissues  and extensions thereof, and all applications for letters patent of the
United  States  or  any  other  country  and  all  divisions,  continuations and
continuations-in-part  thereof,  (iii)  all  trademarks,  trade names, corporate
names,  company  names,  business names, fictitious business names, trade dress,
service marks, logos, domain names and other source or business identifiers, and
all  goodwill  associated  therewith,  now  existing  or  hereafter  adopted  or
acquired,  all  registrations  and  recordings  thereof, and all applications in
connection  therewith,  whether in the United States Patent and Trademark Office
or  in  any  similar office or agency of the United States, any State thereof or
any  other  country  or any political subdivision thereof, or otherwise, and all
common law rights related thereto, (iv) all trade secrets arising under the laws
of  the  United  States, any other country or any political subdivision thereof,
(v)  all rights to obtain any reissues, renewals or extensions of the foregoing,
(vi)  all  licenses for any of the foregoing, and (vii) all causes of action for
infringement  of  the  foregoing.

     (c)     "Majority  in  Interest"  shall mean, at any time of determination,
the  majority  in  interest  (based  on  then-outstanding  principal  amounts of
Debentures  at  the  time  of  such  determination)  of  the  Secured  Parties.

     (d)     "Necessary Endorsement" shall mean undated stock powers endorsed in
blank  or  other  proper  instruments of assignment duly executed and such other
instruments  or  documents  as  the  Agent  (as  that term is defined below) may
reasonably  request.

     (e)     "Obligations"  means  all  obligations  under  this  Agreement, the
              -----------
Debentures,  the  Guaranty  and  any  other  instruments,  agreements  or  other
documents executed and/or delivered in connection herewith or therewith, in each
case,  whether  now  or  hereafter existing, voluntary or involuntary, direct or
indirect,  absolute  or  contingent,  liquidated or unliquidated, whether or not
jointly  owed  with  others,  and  whether or not from time to time decreased or
extinguished and later increased, created or incurred, and all or any portion of
such  obligations or liabilities that are paid, to the extent all or any part of
such  payment  is  avoided  or  recovered directly or indirectly from any of the
Secured  Parties  as  a  preference,  fraudulent  transfer  or otherwise as such
obligations  may  be amended, supplemented, converted, extended or modified from
time  to  time.  Without  limiting  the  generality  of  the foregoing, the term
"Obligations"  shall include, without limitation: (i) principal of, and interest
on  the  Debentures  and  the  loans extended pursuant thereto; (ii) any and all
other  fees, indemnities, costs, obligations and liabilities of the Debtors from
time  to  time  under  or in connection with this Agreement, the Debentures, the
Guaranty  and  any  other  instruments,  agreements  or other documents executed
and/or  delivered  in  connection  herewith  or therewith; and (iii) all amounts
(including  but  not  limited  to  post-petition  interest)  in  respect  of the
foregoing  that  would  be  payable but for the fact that the obligations to pay
such  amounts  are  unenforceable  or  not  allowable  due to the existence of a
bankruptcy,  reorganization  or  similar  proceeding  involving  any  Debtor.

     (f)     "Organizational  Documents"  means  with respect to any Debtor, the
              -------------------------
documents  by  which  such  Debtor  was  organized  (such  as  a  certificate of
incorporation,  certificate  of limited partnership or articles of organization,
and including, without limitation, any certificates of designation for preferred
stock  or  other  forms  of  preferred  equity) and which relate to the internal
governance  of  such  Debtor  (such  as  bylaws,  a  partnership agreement or an
operating,  limited  liability  or  members  agreement).

      (g)     "UCC"  means  the Uniform Commercial Code of the State of New York
               ---
and  or  any  other applicable law of any state or states which has jurisdiction
with  respect  to all, or any portion of, the Collateral or this Agreement, from
time  to  time.  It  is  the intent of the parties that defined terms in the UCC
should  be  construed in their broadest sense so that the term "Collateral" will
be  construed  in  its  broadest  sense.  Accordingly if there are, from time to
time, changes to defined terms in the UCC that broaden the definitions, they are
incorporated  herein and if existing definitions in the UCC are broader than the
amended  definitions,  the  existing  ones  shall  be  controlling.

     2.     GRANT  OF  PERFECTED  FIRST  PRIORITY  SECURITY  INTEREST.  As  an
inducement  for  the  Secured  Parties  to  extend the loans as evidenced by the
Debentures  and  to  secure  the  complete  and  timely payment, performance and
discharge  in  full,  as the case may be, of all of the Obligations, each Debtor
hereby  unconditionally  and irrevocably pledges, grants and hypothecates to the
Secured  Parties  a continuing and perfected security interest in and to, a lien
upon  and  a  right  of set-off against all of their respective right, title and
interest  of whatsoever kind and nature in and to, the Collateral (the "Security
                                                                        --------
Interest").
--------

     3.     DELIVERY  OF  CERTAIN COLLATERAL.  Contemporaneously or prior to the
execution  of this Agreement, each Debtor shall deliver or cause to be delivered
to  the Agent (a) any and all certificates and other instruments representing or
evidencing  the  Pledged  Securities, and (b) any and all certificates and other
instruments or documents representing any of the other Collateral, in each case,
together  with  all  Necessary Endorsements.  The Debtors are, contemporaneously
with  the execution hereof, delivering to Agent, or have previously delivered to
Agent,  a true and correct copy of each Organizational Document governing any of
the  Pledged  Securities.

            4.     REPRESENTATIONS,  WARRANTIES, COVENANTS AND AGREEMENTS OF THE
DEBTORS.  Each Debtor represents and warrants to, and covenants and agrees with,
the  Secured  Parties  as  follows:

     (a)   Each  Debtor  has  the  requisite  corporate,  partnership,  limited
liability  company or other power and authority to enter into this Agreement and
otherwise  to  carry  out its obligations hereunder. The execution, delivery and
performance  by  each  Debtor  of  this  Agreement  and the filings contemplated
therein  have  been  duly authorized by all necessary action on the part of such
Debtor  and  no  further  action is required by such Debtor.  This Agreement has
been  duly executed by each Debtor.  This Agreement constitutes the legal, valid
and  binding  obligation  of  each  Debtor,  enforceable  against each Debtor in
accordance  with  its  terms  except  as  such  enforceability may be limited by
applicable  bankruptcy,  insolvency,  reorganization and similar laws of general
application relating to or affecting the rights and remedies of creditors and by
general  principles  of  equity.

      (b)     The  Debtors  have  no  place  of  business or offices where their
respective  books of account and records are kept (other than temporarily at the
offices of its attorneys or accountants) or places where Collateral is stored or
located,  except  as  set  forth  on  Schedule  A  attached  hereto.  Except  as
specifically  set  forth  on  Schedule A, each Debtor is the record owner of the
real  property where such Collateral is located, and there exist no mortgages or
other  liens on any such real property except for Permitted Liens (as defined in
the  Debentures).  Except as disclosed on Schedule A, none of such Collateral is
in  the  possession  of any consignee, bailee, warehouseman, agent or processor.

     (c)     Except  for  Permitted  Liens  (as  defined  in the Debentures) and
except  as  set  forth  on  Schedule B attached hereto, the Debtors are the sole
owner of the Collateral (except for non-exclusive licenses granted by any Debtor
in  the  ordinary  course  of  business),  free and clear of any liens, security
interests, encumbrances, rights or claims, and are fully authorized to grant the
Security  Interest.  There  is  not  on  file  in any governmental or regulatory
authority, agency or recording office an effective financing statement, security
agreement, license or transfer or any notice of any of the foregoing (other than
those  that  will  be  filed  in  favor  of the Secured Parties pursuant to this
Agreement)  covering  or  affecting  any  of  the  Collateral.  So  long as this
Agreement  shall  be  in  effect,  the  Debtors  shall not execute and shall not
knowingly  permit  to be on file in any such office or agency any such financing
statement  or  other  document  or  instrument  (except  to  the extent filed or
recorded  in  favor  of  the  Secured  Parties  pursuant  to  the  terms of this
Agreement).

     (d)     No  written claim has been received that any Collateral or Debtor's
use  of any Collateral violates the rights of any third party. There has been no
adverse  decision  to  any  Debtor's  claim  of ownership rights in or exclusive
rights  to  use  the  Collateral in any jurisdiction or to any Debtor's right to
keep  and  maintain  such  Collateral  in full force and effect, and there is no
proceeding  involving  said  rights  pending  or,  to  the best knowledge of any
Debtor, threatened before any court, judicial body, administrative or regulatory
agency,  arbitrator  or  other  governmental  authority.

     (e)     Each  Debtor  shall  at all times maintain its books of account and
records  relating  to  the Collateral at its principal place of business and its
Collateral  at the locations set forth on Schedule A attached hereto and may not
relocate  such  books  of  account  and records or tangible Collateral unless it
delivers  to  the  Secured Parties at least 30 days prior to such relocation (i)
written  notice  of  such relocation and the new location thereof (which must be
within  the  United  States)  and  (ii)  evidence  that  appropriate  financing
statements  under  the  UCC  and  other  necessary documents have been filed and
recorded  and  other  steps  have been taken to perfect the Security Interest to
create  in  favor  of  the  Secured  Parties  a  valid, perfected and continuing
perfected  first  priority  lien  in  the  Collateral.

     (f)     This  Agreement  creates  in  favor of the Secured Parties a valid,
security interest in the Collateral, subject only to Permitted Liens (as defined
in  the  Debentures)  securing  the  payment and performance of the Obligations.
Upon  making  the  filings described in the immediately following paragraph, all
security interests created hereunder in any Collateral which may be perfected by
filing  Uniform  Commercial  Code  financing  statements  shall  have  been duly
perfected.  Except  for  the  filing  of  the  Uniform Commercial Code financing
statements  referred  to in the immediately following paragraph, the recordation
of  the Intellectual Property Security Agreement (as defined below) with respect
to  copyrights  and copyright applications in the United States Copyright Office
referred  to  in  paragraph  (m),  the execution and delivery of deposit account
control agreements satisfying the requirements of Section 9-104(a)(2) of the UCC
with  respect  to  each  deposit account of the Debtors, and the delivery of the
certificates and other instruments provided in Section 3, no action is necessary
to create, perfect or protect the security interests created hereunder.  Without
limiting  the  generality  of  the  foregoing,  except  for  the  filing of said
financing  statements,  the  recordation  of said Intellectual Property Security
Agreement,  and  the  execution  and  delivery  of  said deposit account control
agreements,  no  consent  of any third parties and no authorization, approval or
other  action by, and no notice to or filing with, any governmental authority or
regulatory  body  is required for (i) the execution, delivery and performance of
this  Agreement,  (ii)  the  creation  or  perfection  of the Security Interests
created  hereunder  in  the Collateral or (iii) the enforcement of the rights of
the  Secured  Parties  hereunder.

      (g)     Each Debtor hereby authorizes the Secured Parties, or any of them,
to  file  one  or  more  financing statements under the UCC, with respect to the
Security  Interest  with  the  proper  filing  and  recording  agencies  in  any
jurisdiction  deemed  proper  by  them.

      (h)     The  execution,  delivery and performance of this Agreement by the
Debtors  does  not  (i)  violate  any  of  the  provisions of any Organizational
Documents  of  any  Debtor or any judgment, decree, order or award of any court,
governmental  body  or  arbitrator  or  any  applicable  law, rule or regulation
applicable  to  any Debtor or (ii) conflict with, or constitute a default (or an
event  that  with notice or lapse of time or both would become a default) under,
or  give  to  others  any  rights  of  termination,  amendment,  acceleration or
cancellation  (with or without notice, lapse of time or both) of, any agreement,
credit  facility,  debt  or  other  instrument  (evidencing any Debtor's debt or
otherwise) or other understanding to which any Debtor is a party or by which any
property  or  asset  of  any Debtor is bound or affected. No consent (including,
without  limitation,  from  stockholders or creditors of any Debtor) is required
for  any  Debtor  to  enter  into  and  perform  its  obligations  hereunder.

      (i)     The  capital  stock and other equity interests listed onSchedule H
hereto  represent  all  of  the  capital stock and other equity interests of the
Guarantors,  and  represent  all capital stock and other equity interests owned,
directly  or  indirectly,  by  the  Company.  All  of the Pledged Securities are
validly  issued,  fully paid and nonassessable, and the Company is the legal and
beneficial owner of the Pledged Securities, free and clear of any lien, security
interest  or other encumbrance except for the security interests created by this
Agreement  and  other  Permitted  Liens  (as  defined  in  the  Debenture).

     (j)     The  ownership  and  other  equity  interests  in  partnerships and
limited  liability  companies  (if any) included in the Collateral (the "Pledged
Interests")  by  their  express  terms  do  not provide that they are securities
governed  by Article 8 of the UCC and are not held in a securities account or by
any  financial  intermediary.

     (k)     Each  Debtor  shall  at  all  times maintain the liens and Security
Interest  provided for hereunder as valid and perfected first priority liens and
security  interests in the Collateral in favor of the Secured Parties until this
Agreement  and  the  Security Interest hereunder shall be terminated pursuant to
Section  11  hereof.  Each  Debtor  hereby agrees to defend the same against the
claims  of  any  and  all  persons and entities. Each Debtor shall safeguard and
protect  all Collateral for the account of the Secured Parties.   At the request
of the Secured Parties, each Debtor will sign and deliver to the Secured Parties
at  any  time  or from time to time one or more financing statements pursuant to
the  UCC in form reasonably satisfactory to the Secured Parties and will pay the
cost  of  filing the same in all public offices wherever filing is, or is deemed
by  the  Secured  Parties to be, necessary or desirable to effect the rights and
obligations  provided  for  herein.  Without  limiting  the  generality  of  the
foregoing,  each Debtor shall pay all fees, taxes and other amounts necessary to
maintain  the  Collateral  and  the Security Interest hereunder, and each Debtor
shall  obtain and furnish to the Secured Parties from time to time, upon demand,
such releases and/or subordinations of claims and liens which may be required to
maintain  the  priority  of  the  Security  Interest  hereunder.

     (l)     No  Debtor  will  transfer, pledge, hypothecate, encumber, license,
sell  or  otherwise  dispose  of any of the Collateral (except for non-exclusive
licenses  granted  by  a  Debtor in its ordinary course of business and sales of
inventory  by  a  Debtor  in  its ordinary course of business) without the prior
written  consent  of  a  Majority  in  Interest.

     (m)     Each  Debtor  shall  keep and preserve its equipment, inventory and
other  tangible  Collateral  in  good  condition, repair and order and shall not
operate  or  locate  any such Collateral (or cause to be operated or located) in
any  area  excluded  from  insurance  coverage.

     (n)     Each  Debtor  shall  maintain  with financially sound and reputable
insurers, insurance with respect to the Collateral against loss or damage of the
kinds  and in the amounts customarily insured against by entities of established
reputation  having  similar properties similarly situated and in such amounts as
are  customarily  carried under similar circumstances by other such entities and
otherwise  as  is  prudent for entities engaged in similar businesses but in any
event  sufficient to cover the full replacement cost thereof.  Each Debtor shall
cause  each  insurance  policy issued in connection herewith to provide, and the
insurer  issuing  such policy to certify to the Agent that (a) the Agent will be
named  as  lender  loss  payee  and additional insured under each such insurance
policy;  (b) if such insurance be proposed to be cancelled or materially changed
for  any reason whatsoever, such insurer will promptly notify the Agent and such
cancellation  or  change  shall  not  be  effective as to the Agent for at least
thirty (30) days after receipt by the Agent of such notice, unless the effect of
such  change  is  to  extend  or increase coverage under the policy; and (c) the
Agent  will  have  the  right  (but no obligation) at its election to remedy any
default  in  the  payment of premiums within thirty (30) days of notice from the
insurer  of  such default.  If no Event of Default (as defined in the Debenture)
exists  and if the proceeds arising out of any claim or series of related claims
do  not  exceed  $100,000, loss payments in each instance will be applied by the
applicable  Debtor  to the repair and/or replacement of property with respect to
which  the  loss  was  incurred  to the extent reasonably feasible, and any loss
payments  or  the balance thereof remaining, to the extent not so applied, shall
be  payable  to the applicable Debtor, provided, however, that payments received
by any Debtor after an Event of Default occurs and is continuing or in excess of
$100,000  for  any  occurrence or series of related occurrences shall be paid to
the  Agent  and,  if  received  by  such  Debtor, shall be held in trust for and
immediately  paid  over to the Agent unless otherwise directed in writing by the
Agent.   Copies  of  such  policies  or  the related certificates, in each case,
naming  the Agent as lender loss payee and additional insured shall be delivered
to  the  Agent  at least annually and at the time any new policy of insurance is
issued.

     (o)     Each  Debtor  shall,  within  ten  (10) days of obtaining knowledge
thereof,  advise  the  Secured  Parties  promptly,  in sufficient detail, of any
substantial  change  in the Collateral, and of the occurrence of any event which
would  have  a  material adverse effect on the value of the Collateral or on the
Secured  Parties'  security  interest  therein.

      (p)     Each  Debtor  shall  promptly  execute  and deliver to the Secured
Parties  such  further  deeds,  mortgages,  assignments,  security  agreements,
financing  statements  or  other  instruments,  documents,  certificates  and
assurances  and take such further action as the Secured Parties may from time to
time  request  and may in its sole discretion deem necessary to perfect, protect
or  enforce  its  security  interest  in  the  Collateral  including,  without
limitation,  if  applicable,  the  execution and delivery of a separate security
agreement  with  respect  to  each Debtor's Intellectual Property ("Intellectual
                                                                    ------------
Property  Security  Agreement") in which the Secured Parties have been granted a
   --------------------------
security  interest  hereunder, substantially in a form acceptable to the Secured
Parties,  which  Intellectual  Property Security Agreement, other than as stated
therein,  shall  be  subject  to  all  of  the  terms  and  conditions  hereof.

     (q)     Each  Debtor  shall  permit  the  Secured  Parties  and  their
representatives  and  agents  to inspect the Collateral at any time, and to make
copies  of records pertaining to the Collateral as may be requested by a Secured
Party  from  time  to  time.

     (r)     Each Debtor shall take all steps reasonably necessary to diligently
pursue  and  seek to preserve, enforce and collect any rights, claims, causes of
action  and  accounts  receivable  in  respect  of  the  Collateral.

     (s)     Each Debtor shall promptly notify the Secured Parties in sufficient
detail  upon  becoming  aware of any attachment, garnishment, execution or other
legal  process  levied  against  any  Collateral  and  of  any other information
received  by such Debtor that may materially affect the value of the Collateral,
the  Security  Interest  or  the  rights  and  remedies  of  the Secured Parties
hereunder.

     (t)     All  information  heretofore,  herein  or hereafter supplied to the
Secured  Parties by or on behalf of any Debtor with respect to the Collateral is
accurate  and  complete  in  all  material  respects  as  of the date furnished.

     (u)     The  Debtors shall at all times preserve and keep in full force and
effect  their  respective  valid  existence and good standing and any rights and
franchises  material  to  its  business.

     (v)     No  Debtor will change its name, type of organization, jurisdiction
of  organization, organizational identification number (if it has one), legal or
corporate  structure,  or  identity,  or  add  any new fictitious name unless it
provides  at  least  30 days prior written notice to the Secured Parties of such
change  and,  at the time of such written notification, such Debtor provides any
financing  statements  or  fixture  filings  necessary  to  perfect and continue
perfected  the  perfected  security  Interest  granted  and  evidenced  by  this
Agreement.

     (w)     No  Debtor  may  consign  any  of  its Inventory or sell any of its
Inventory  on  bill  and  hold,  sale  or  return,  sale  on  approval, or other
conditional  terms  of  sale without the consent of a Majority in Interest which
shall  not  be  unreasonably  withheld, except to the extent such consignment or
sale  does  not  exceed  15% of the total value of all of the Company's finished
goods  in  Inventory.

     (x)     No Debtor may relocate its chief executive office to a new location
without  providing  30  days  prior  written notification thereof to the Secured
Parties  and  so  long as, at the time of such written notification, such Debtor
provides  any  financing  statements or fixture filings necessary to perfect and
continue perfected the perfected security Interest granted and evidenced by this
Agreement.

      (y)     Each  Debtor  was organized and remains organized solely under the
laws of the state set forth next to such Debtor's name in the first paragraph of
this  Agreement.  Schedule  D  attached  hereto  sets  forth  each  Debtor's
                  -----------
organizational identification number or, if any Debtor does not have one, states
that  one  does  not  exist.

     (z)      (i)  The  actual  name of each Debtor is the name set forth in the
preamble  above;  (ii)  no  Debtor  has  any  trade names except as set forth on
Schedule  E  attached  hereto; (iii) no Debtor has used any name other than that
stated  in  the  preamble hereto or as set forth on Schedule E for the preceding
five  years;  and  (iv) no entity has merged into any Debtor or been acquired by
any  Debtor  within  the  past  five  years  except  as set forth on Schedule E.
                                                                     ----------

     (aa)     At any time and from time  to time that any Collateral consists of
instruments,  certificated  securities  or  other  items  that require or permit
possession by the secured party to perfect the security interest created hereby,
the  applicable  Debtor  shall  deliver  such  Collateral  to  the  Agent.

     (bb)     Each  Debtor,  in  its capacity as issuer, hereby agrees to comply
with  any  and  all  orders  and  instructions  of  Agent  regarding the Pledged
Interests  consistent  with  the  terms  of  this  Agreement without the further
consent  of  any  Debtor  as  contemplated  by  Section  8-106 (or any successor
section) of the UCC.  Further, each Debtor agrees that it shall not enter into a
similar  agreement  (or  one  that  would confer "control" within the meaning of
Article  8  of  the  UCC)  with  any  other  person  or  entity.

     (cc)     Each  Debtor  shall  cause all tangible chattel paper constituting
Collateral  to  be delivered to the Agent, or, if such delivery is not possible,
then  to cause such tangible chattel paper to contain a legend noting that it is
subject  to the security interest created by this Agreement.  To the extent that
any Collateral consists of electronic chattel paper, the applicable Debtor shall
cause  the underlying chattel paper to be "marked" within the meaning of Section
9-105  of  the  UCC  (or  successor  section  thereto).

     (dd)     If there is any investment property or deposit account included as
Collateral  that  can  be  perfected  by  "control"  through  an account control
agreement,  the applicable Debtor shall cause such an account control agreement,
in  form  and  substance in each case satisfactory to the Secured Parties, to be
entered  into  and  delivered  to  the  Secured  Parties.

     (ee)     To  the  extent  that  any Collateral consists of letter-of-credit
rights,  the  applicable Debtor shall cause the issuer of each underlying letter
of  credit  to  consent  to an assignment of the proceeds thereof to the Secured
Parties.

     (ff)     To  the  extent  that  any  Collateral is in the possession of any
third  party,  the  applicable  Debtor  shall  join  with the Secured Parties in
notifying  such  third  party  of the Secured Parties' security interest in such
Collateral  and  shall  use  its  best  efforts to obtain an acknowledgement and
agreement  from  such  third  party  with respect to the Collateral, in form and
substance  satisfactory  to  the  Secured  Parties.

     (gg)     If  any Debtor shall at any time hold or acquire a commercial tort
claim, such Debtor shall promptly notify the Secured Parties in a writing signed
by  such  Debtor  of the particulars thereof and grant to the Secured Parties in
such  writing  a security interest therein and in the proceeds thereof, all upon
the  terms  of  this  Agreement,  with  such writing to be in form and substance
satisfactory  to  the  Secured  Parties.

     (hh)          Each  Debtor  shall immediately provide written notice to the
Secured  Parties  of  any and all accounts which arise out of contracts with any
governmental  authority  and, to the extent necessary to perfect or continue the
perfected status of the Security Interest in such accounts and proceeds thereof,
shall  execute  and  deliver  to the Secured Parties an assignment of claims for
such  accounts  and cooperate with the Secured Parties in taking any other steps
required,  in  their judgment, under the Federal Assignment of Claims Act or any
similar  federal,  state  or  local  statute  or rule to perfect or continue the
perfected status of the Security Interest in such accounts and proceeds thereof.

      (ii)     Each  Debtor  shall  cause  each  subsidiary  of  such  Debtor to
immediately  become  a  party  hereto (an "Additional Debtor"), by executing and
delivering  an  Additional  Debtor  Joinder in substantially the form of Annex A
attached hereto and comply with the provisions hereof applicable to the Debtors.
Concurrent  therewith, the Additional Debtor shall deliver replacement schedules
for,  or  supplements  to  all  other  Schedules  to  (or  referred  to in) this
Agreement,  as  applicable,  which  replacement  schedules  shall  supersede, or
supplements  shall  modify, the Schedules then in effect.  The Additional Debtor
shall  also  deliver  such  opinions  of  counsel, authorizing resolutions, good
standing  certificates,  incumbency  certificates,  organizational  documents,
financing  statements  and  other  information  and documentation as the Secured
Parties  may  reasonably request.  Upon delivery of the foregoing to the Secured
Parties,  the  Additional  Debtor  shall be and become a party to this Agreement
with  the same rights and obligations as the Debtors, for all purposes hereof as
fully  and  to  the  same  extent as if it were an original signatory hereto and
shall  be  deemed to have made the representations, warranties and covenants set
forth  herein as of the date of execution and delivery of such Additional Debtor
Joinder,  and  all references herein to the "Debtors" shall be deemed to include
each  Additional  Debtor.

     (jj)     Each  Debtor  shall vote the Pledged Securities to comply with the
covenants  and  agreements  set  forth  herein  and  in  the  Debentures.

     (kk)     Each Debtor shall register the pledge  of  the  applicable Pledged
Securities on the books of such Debtor.  Each Debtor shall notify each issuer of
Pledged  Securities  to register the pledge of the applicable Pledged Securities
in the name of the Secured Parties on the books of such issuer.  Further, except
with  respect  to certificated securities delivered to the Agent, the applicable
Debtor  shall  deliver  to  Agent  an  acknowledgement  of  pledge (which, where
appropriate, shall comply with the requirements of the relevant UCC with respect
to  perfection  by  registration) signed by the issuer of the applicable Pledged
Securities,  which acknowledgement shall confirm that: (a) it has registered the
pledge  on  its  books and records; and (b) at any time directed by Agent during
the  continuation  of  an Event of Default, such issuer will transfer the record
ownership  of  such  Pledged  Securities into the name of any designee of Agent,
will take such steps as may be necessary to effect the transfer, and will comply
with  all  other instructions of Agent regarding such Pledged Securities without
the  further  consent  of  the  applicable  Debtor.

     (ll)     In  the  event  that,  upon  an occurrence of an Event of Default,
Agent  shall  sell  all  or  any  of  the Pledged Securities to another party or
parties  (herein called the "Transferee") or shall purchase or retain all or any
of  the  Pledged  Securities,  each  Debtor shall, to the extent applicable: (i)
deliver  to  Agent  or  the  Transferee,  as  the  case  may be, the articles of
incorporation,  bylaws,  minute books, stock certificate books, corporate seals,
deeds,  leases,  indentures,  agreements,  evidences  of  indebtedness, books of
account, financial records and all other Organizational Documents and records of
the  Debtors  and  their  direct  and  indirect  subsidiaries; (ii) use its best
efforts  to  obtain  resignations  of  the  persons then serving as officers and
directors  of  the  Debtors  and  their  direct and indirect subsidiaries, if so
requested;  and  (iii)  use  its  best  efforts to obtain any approvals that are
required  by  any governmental or regulatory body in order to permit the sale of
the  Pledged  Securities  to  the Transferee or the purchase or retention of the
Pledged  Securities  by  Agent and allow the Transferee or Agent to continue the
business  of  the  Debtors  and  their  direct  and  indirect  subsidiaries.

     (mm)     Without  limiting  the  generality of the other obligations of the
Debtors  hereunder, each Debtor shall promptly (i) cause to be registered at the
United  States  Copyright  Office all of its material copyrights, (ii) cause the
security  interest contemplated hereby with respect to all Intellectual Property
registered  at  the  United  States Copyright Office or United States Patent and
Trademark  Office  to  be duly recorded at the applicable office, and (iii) give
the  Agent  notice  whenever  it  acquires (whether absolutely or by license) or
creates  any  additional  material  Intellectual  Property.

      (nn)     Each  Debtor  will  from  time  to time, at the joint and several
expense  of  the  Debtors,  promptly  execute  and  deliver  all  such  further
instruments  and documents, and take all such further action as may be necessary
or  desirable,  or  as  the  Secured Parties may reasonably request, in order to
perfect  and  protect  any  security interest granted or purported to be granted
hereby or to enable the Secured Parties to exercise and enforce their rights and
remedies  hereunder and with respect to any Collateral or to otherwise carry out
the  purposes  of  this  Agreement.

     (oo)     Schedule  F  attached  hereto  lists  all  of  the patents, patent
applications,  trademarks,  trademark  applications,  registered copyrights, and
domain  names  owned  by  any  of the Debtors as of the date hereof.  Schedule F
lists  all  material licenses in favor of any Debtor for the use of any patents,
trademarks,  copyrights  and  domain  names as of the date hereof.  All material
patents  and  trademarks  of  the  Debtors have been duly recorded at the United
States  Patent  and  Trademark Office and all material copyrights of the Debtors
have  been  duly  recorded  at  the  United  States  Copyright  Office.

     (pp)     Except  as  set  forth  on Schedule G attached hereto, none of the
account  debtors or other persons or entities obligated on any of the Collateral
is  a  governmental authority covered by the Federal Assignment of Claims Act or
any  similar  federal,  state  or  local  statute  or  rule  in  respect of such
Collateral.

     5.     EFFECT  OF PLEDGE ON CERTAIN RIGHTS.If any of the Collateral subject
to  this  Agreement  consists  of  nonvoting  equity  or  ownership  interests
(regardless  of  class, designation, preference or rights) that may be converted
into  voting equity or ownership interests upon the occurrence of certain events
(including,  without  limitation,  upon  the transfer of all or any of the other
stock  or  assets of the issuer), it is agreed that the pledge of such equity or
ownership  interests  pursuant  to  this  Agreement or the enforcement of any of
Agent's rights hereunder shall not be deemed to be the type of event which would
trigger  such  conversion  rights  notwithstanding  any  provisions  in  the
Organizational  Documents  or  agreements  to  which any Debtor is subject or to
which  any  Debtor  is  party.

          6.     DEFAULTS.  The  following  events shall be "Events of Default":

     (a)  The  occurrence  of  an Event of Default (as defined in the Debenture)
under  the  Debenture;

     (b)  Any  representation  or warranty of any Debtor in this Agreement shall
prove  to  have  been  incorrect  in  any  material  respect  when  made;

     (c)  The failure by any Debtor to observe or perform any of its obligations
hereunder  for  five  (5)  days  after delivery to such Debtor of notice of such
failure  by  or  on  behalf of a Secured Party unless such default is capable of
cure  but  cannot  be cured within such time frame and such Debtor is using best
efforts  to  cure  same  in  a  timely  fashion;  or

     (d)  If any provision of this Agreement shall at any time for any reason be
declared to be null and void, or the validity or enforceability thereof shall be
contested by any Debtor, or a proceeding shall be commenced by any Debtor, or by
any  governmental  authority  having  jurisdiction  over  any Debtor, seeking to
establish  the  invalidity or unenforceability thereof, or any Debtor shall deny
that  any  Debtor  has any liability or obligation purported to be created under
this  Agreement.

            7.     DUTY  TO  HOLD  IN  TRUST.

     (a)     Upon  the  occurrence  of  any  Event  of  Default  and at any time
thereafter,  each  Debtor  shall, upon receipt of any revenue, income, dividend,
interest  or  other  sums  subject  to  the  Security  Interest, whether payable
pursuant  to  the  Debenture  or  otherwise, or of any check, draft, note, trade
acceptance  or  other  instrument  evidencing an obligation to pay any such sum,
hold  the  same in trust for the Secured Parties and shall forthwith endorse and
transfer any such sums or instruments, or both, to the Secured Parties, pro-rata
in  proportion  to  their initial purchases of Debentures for application to the
satisfaction  of  the  Obligations  (and  if  any  Debenture is not outstanding,
pro-rata  in  proportion  to the initial purchases of the remaining Debentures).

     (b)  If  any  Debtor  shall become entitled to receive or shall receive any
securities  or  other property (including, without limitation, shares of Pledged
Securities  or  instruments  representing  Pledged Securities acquired after the
date  hereof,  or  any  options,  warrants,  rights or other similar property or
certificates representing a dividend, or any distribution in connection with any
recapitalization,  reclassification  or  increase  or  reduction  of capital, or
issued in connection with any reorganization of such Debtor or any of its direct
or  indirect  subsidiaries)  in respect of the Pledged Securities (whether as an
addition  to, in substitution of, or in exchange for, such Pledged Securities or
otherwise),  such  Debtor  agrees  to  (i)  accept  the same as the agent of the
Secured Parties; (ii) hold the same in trust on behalf of and for the benefit of
the  Secured  Parties;  and  (iii)  to  deliver  any  and  all  certificates  or
instruments  evidencing  the same to Agent on or before the close of business on
the  fifth  business  day  following  the receipt thereof by such Debtor, in the
exact  form  received  together  with  the Necessary Endorsements, to be held by
Agent  subject  to  the  terms  of  this  Agreement  as  Collateral.

            8.     RIGHTS  AND  REMEDIES  UPON  DEFAULT.

      (a)     Upon  the  occurrence  of any Event  of  Default  and  at any time
thereafter,  the Secured Parties, acting through any agent appointed by them for
such  purpose,  shall  have  the right to exercise all of the remedies conferred
hereunder  and  under the Debentures, and the Secured Parties shall have all the
rights  and  remedies of a secured party under the UCC.  Without limitation, the
Secured  Parties  shall  have  the  following  rights  and  powers:

          (i) The Secured Parties shall have the right to take possession of the
Collateral  and,  for  that  purpose,  enter, with the aid and assistance of any
person,  any  premises  where  the Collateral, or any part thereof, is or may be
placed  and  remove  the same, and each Debtor shall assemble the Collateral and
make  it  available  to  the Secured Parties at places which the Secured Parties
shall  reasonably  select,  whether  at such Debtor's premises or elsewhere, and
make  available  to  the  Secured  Parties,  without  rent, all of such Debtor's
respective premises and facilities for the purpose of the Secured Parties taking
possession  of,  removing  or  putting  the Collateral in saleable or disposable
form.

         (ii) Upon notice to the  Debtors by Agent, all rights of each Debtor to
exercise  the  voting  and  other  consensual rights which it would otherwise be
entitled  to exercise and all rights of each Debtor to receive the dividends and
interest  which  it  would  otherwise be authorized to receive and retain, shall
cease.  Upon  such  notice,  Agent shall have the right to receive any interest,
cash  dividends or other payments on the Collateral and, at the option of Agent,
to  exercise  in  such  Agent's discretion all voting rights pertaining thereto.
Without  limiting  the  generality  of the foregoing, Agent shall have the right
(but  not  the obligation) to exercise all rights with respect to the Collateral
as  it were the sole and absolute owners thereof, including, without limitation,
to vote and/or to exchange, at its sole discretion, any or all of the Collateral
in  connection with a merger, reorganization, consolidation, recapitalization or
other  readjustment  concerning or involving the Collateral or any Debtor or any
of  its  direct  or  indirect  subsidiaries.

         (iii)  The Secured Parties shall have the right to operate the business
of  each  Debtor  using the Collateral and shall have the right to assign, sell,
lease  or otherwise dispose of and deliver all or any part of the Collateral, at
public  or  private sale or otherwise, either with or without special conditions
or stipulations, for cash or on credit or for future delivery, in such parcel or
parcels  and  at  such  time or times and at such place or places, and upon such
terms  and  conditions  as the Secured Parties may deem commercially reasonable,
all  without  (except  as  shall be required by applicable statute and cannot be
waived)  advertisement  or  demand  upon  or  notice  to  any Debtor or right of
redemption  of a Debtor, which are hereby expressly waived. Upon each such sale,
lease,  assignment  or  other  transfer  of Collateral, the Secured Parties may,
unless  prohibited by applicable law which cannot be waived, purchase all or any
part  of  the  Collateral  being  sold,  free from and discharged of all trusts,
claims,  right of redemption and equities of any Debtor, which are hereby waived
and  released.

         (iv)  The Secured Parties shall have the right (but not the obligation)
to  notify any account debtors and any obligors under instruments or accounts to
make payments directly to the Secured Parties and to enforce the Debtors' rights
against  such  account  debtors  and  obligors.

         (v)  The  Secured  Parties  may  (but  are not obligated to) direct any
financial  intermediary  or  any  other  person or entity holding any investment
property  to  transfer  the  same  to  the  Secured  Parties  or their designee.

         (vi) The Secured Parties may (but are not obligated to) transfer any or
all  Intellectual  Property  registered  in the name of any Debtor at the United
States  Patent and Trademark Office and/or Copyright Office into the name of the
Secured  Parties  or  any  designee  or  any  purchaser  of  any  Collateral.

     (b)     The  Agent  may comply with any applicable law in connection with a
disposition  of  Collateral and such compliance will not be considered adversely
to  affect  the  commercial  reasonableness  of any sale of the Collateral.  The
Agent may sell the Collateral without giving any warranties and may specifically
disclaim  such  warranties.  If the Agent sells any of the Collateral on credit,
the  Debtors will only be credited with payments actually made by the purchaser.
In  addition,  each  Debtor  waives  any  and  all  rights that it may have to a
judicial  hearing in advance of the enforcement of any of the Agent's rights and
remedies  hereunder, including, without limitation, its right following an Event
of  Default  to  take immediate possession of the Collateral and to exercise its
rights  and  remedies  with  respect  thereto.

     (c)     For  the  purpose  of enabling the Agent to further exercise rights
and  remedies  under  this  Section  8  or  elsewhere  provided  by agreement or
applicable  law,  each Debtor hereby grants to the Agent, for the benefit of the
Agent and the Secured Parties, an irrevocable, nonexclusive license (exercisable
without payment of royalty or other compensation to such Debtor) to use, license
or sublicense following an Event of Default, any Intellectual Property now owned
or  hereafter acquired by such Debtor, and wherever the same may be located, and
including in such license access to all media in which any of the licensed items
may be recorded or stored and to all computer software and programs used for the
compilation  or  printout  thereof.

            9.     APPLICATIONS  OF  PROCEEDS.  The  proceeds  of any such sale,
lease  or  other disposition of the Collateral hereunder shall be applied first,
to  the  expenses  of  retaking,  holding, storing, processing and preparing for
sale,  selling, and the like (including, without limitation, any taxes, fees and
other  costs  incurred  in  connection  therewith)  of  the  Collateral,  to the
reasonable  attorneys'  fees  and  expenses  incurred  by the Secured Parties in
enforcing  their rights hereunder and in connection with collecting, storing and
disposing  of  the  Collateral,  and then to satisfaction of the Obligations pro
rata  among  the Secured Parties (based on then-outstanding principal amounts of
Debentures  at  the  time  of any such determination), and to the payment of any
other  amounts required by applicable law, after which the Secured Parties shall
pay to the applicable Debtor any surplus proceeds. If, upon the sale, license or
other  disposition  of  the Collateral, the proceeds thereof are insufficient to
pay  all  amounts to which the Secured Parties are legally entitled, the Debtors
will  be  liable for the deficiency, together with interest thereon, at the rate
of  10% per annum or the lesser amount permitted by applicable law (the "Default
Rate"), and the reasonable fees of any attorneys employed by the Secured Parties
to  collect  such  deficiency.  To  the extent permitted by applicable law, each
Debtor  waives  all  claims,  damages  and  demands  against the Secured Parties
arising  out  of the repossession, removal, retention or sale of the Collateral,
unless  due  solely to the gross negligence or willful misconduct of the Secured
Parties  as  determined by a final judgment (not subject to further appeal) of a
court  of  competent  jurisdiction.

     10.     SECURITIES LAW PROVISION.  Each Debtor recognizes that Agent may be
limited  in  its  ability  to  effect a sale to the public of all or part of the
Pledged  Securities  by  reason of certain prohibitions in the Securities Act of
1933,  as  amended, or other federal or state securities laws (collectively, the
"Securities  Laws"),  and  may  be compelled to resort to one or more sales to a
restricted  group  of  purchasers  who  may  be required to agree to acquire the
Pledged  Securities for their own account, for investment and not with a view to
the  distribution  or resale thereof.  Each Debtor agrees that sales so made may
be  at  prices  and  on terms less favorable than if the Pledged Securities were
sold  to  the  public, and that Agent has no obligation to delay the sale of any
Pledged  Securities  for  the  period  of time necessary to register the Pledged
Securities  for sale to the public under the Securities Laws.  Each Debtor shall
cooperate  with  Agent  in  its  attempt  to  satisfy any requirements under the
Securities  Laws  (including,  without  limitation,  registration  thereunder if
requested  by  Agent) applicable to the sale of the Pledged Securities by Agent.

            11.     COSTS AND EXPENSES. Each Debtor agrees to pay all reasonable
out-of-pocket  fees,  costs  and expenses incurred in connection with any filing
required  hereunder,  including  without  limitation,  any  financing statements
pursuant  to  the  UCC,  continuation  statements,  partial  releases  and/or
termination  statements  related  thereto  or  any  expenses  of  any  searches
reasonably  required  by  the  Secured  Parties.  The Debtors shall also pay all
other  claims and charges which in the reasonable opinion of the Secured Parties
might  prejudice,  imperil  or  otherwise  affect the Collateral or the Security
Interest  therein.  The  Debtors  will  also,  upon  demand,  pay to the Secured
Parties  the amount of any and all reasonable expenses, including the reasonable
fees  and  expenses  of  its  counsel  and  of any experts and agents, which the
Secured  Parties  may  incur  in  connection  with  (i)  the enforcement of this
Agreement, (ii) the custody or preservation of, or the sale of, collection from,
or  other  realization  upon,  any  of  the Collateral, or (iii) the exercise or
enforcement  of  any  of the rights of the Secured Parties under the Debentures.
Until so paid, any fees payable hereunder shall be added to the principal amount
of  the  Debentures  and  shall  bear  interest  at  the  Default  Rate.

            12.     RESPONSIBILITY  FOR  COLLATERAL.  The  Debtors  assume  all
liabilities  and  responsibility  in  connection  with  all  Collateral, and the
Obligations  shall  in  no  way be affected or diminished by reason of the loss,
destruction,  damage or theft of any of the Collateral or its unavailability for
any  reason.  Without  limiting the generality of the foregoing, (a) neither the
Agent nor any Secured Party (i) has any duty (either before or after an Event of
Default)  to collect any amounts in respect of the Collateral or to preserve any
rights  relating  to  the  Collateral, or (ii) has any obligation to clean-up or
otherwise  prepare  the  Collateral  for  sale, and (b) each Debtor shall remain
obligated and liable under each contract or agreement included in the Collateral
to  be  observed  or performed by such Debtor thereunder.  Neither the Agent nor
any Secured Party shall have any obligation or liability under any such contract
or agreement by reason of or arising out of this Agreement or the receipt by the
Agent or any Secured Party of any payment relating to any of the Collateral, nor
shall  the  Agent or any Secured Party be obligated in any manner to perform any
of  the  obligations  of  any  Debtor  under or pursuant to any such contract or
agreement,  to  make  inquiry  as  to  the  nature or sufficiency of any payment
received by the Agent or any Secured Party in respect of the Collateral or as to
the  sufficiency  of  any  performance  by  any party under any such contract or
agreement,  to  present  or  file  any  claim, to take any action to enforce any
performance  or  to  collect  the  payment  of  any  amounts which may have been
assigned to the Agent or to which the Agent or any Secured Party may be entitled
at  any  time  or  times.

     13.     SECURITY  INTEREST  ABSOLUTE. All rights of the Secured Parties and
all  obligations  of the Debtors hereunder, shall be absolute and unconditional,
irrespective  of:  (a) any lack of validity or enforceability of this Agreement,
the  Debentures  or any agreement entered into in connection with the foregoing,
or any portion hereof or thereof; (b) any change in the time, manner or place of
payment  or  performance  of,  or  in  any  other  term  of,  all  or any of the
Obligations, or any other amendment or waiver of or any consent to any departure
from  the  Debentures or any other agreement entered into in connection with the
foregoing;  (c) any exchange, release or nonperfection of any of the Collateral,
or  any release or amendment or waiver of or consent to departure from any other
collateral  for,  or  any guaranty, or any other security, for all or any of the
Obligations; (d) any action by the Secured Parties to obtain, adjust, settle and
cancel in its sole discretion any insurance claims or matters made or arising in
connection  with  the  Collateral;  or  (e)  any  other circumstance which might
otherwise  constitute any legal or equitable defense available to a Debtor, or a
discharge of all or any part of the Security Interest granted hereby.  Until the
Obligations  shall  have  been  paid  and  performed  in full, the rights of the
Secured  Parties  shall  continue  even  if  the  Obligations are barred for any
reason, including, without limitation, the running of the statute of limitations
or  bankruptcy.  Each  Debtor  expressly  waives presentment, protest, notice of
protest,  demand,  notice of nonpayment and demand for performance. In the event
that  at  any time any transfer of any Collateral or any payment received by the
Secured Parties hereunder shall be deemed by final order of a court of competent
jurisdiction  to  have been a voidable preference or fraudulent conveyance under
the bankruptcy or insolvency laws of the United States, or shall be deemed to be
otherwise  due  to  any  party other than the Secured Parties, then, in any such
event,  each  Debtor's  obligations hereunder shall survive cancellation of this
Agreement, and shall not be discharged or satisfied by any prior payment thereof
and/or  cancellation  of  this  Agreement,  but shall remain a valid and binding
obligation enforceable in accordance with the terms and provisions hereof.  Each
Debtor  waives  all  right to require the Secured Parties to proceed against any
other  person  or entity orto apply any Collateral which the Secured Parties may
hold  at  any  time,  or  to marshal assets, or to pursue any other remedy. Each
Debtor waives any defense arising by reason of the application of the statute of
limitations  to  any  obligation  secured  hereby.

            14.     TERM  OF AGREEMENT. This Agreement and the Security Interest
shall terminate on the date on which all payments under the Debentures have been
indefeasibly  paid  in  full  and  all  other  Obligations  have  been  paid  or
discharged;  provided, however, that all indemnities of the Debtors contained in
this Agreement (including, without limitation, Annex B hereto) shall survive and
remain  operative  and in full force and effect regardless of the termination of
this  Agreement.

15.     POWER  OF  ATTORNEY;  FURTHER  ASSURANCES.

      (a)     Each  Debtor authorizes the Secured Parties, and does hereby make,
constitute  and  appoint  the  Secured  Parties  and  their respective officers,
agents,  successors or assigns with full power of substitution, as such Debtor's
true and lawful attorney-in-fact, with power, in the name of the various Secured
Parties  or  such Debtor, to, after the occurrence and during the continuance of
an Event of Default, (i) endorse any note, checks, drafts, money orders or other
instruments  of  payment  (including payments payable under or in respect of any
policy  of insurance) in respect of the Collateral that may come into possession
of  the  Secured  Parties;  (ii)  to  sign  and  endorse any financing statement
pursuant  to  the  UCC  or any invoice, freight or express bill, bill of lading,
storage  or  warehouse  receipts,  drafts  against  debtors,  assignments,
verifications  and  notices  in  connection  with  accounts, and other documents
relating  to  the  Collateral;  (iii) to pay or discharge taxes, liens, security
interests  or  other  encumbrances at any time levied or placed on or threatened
against the Collateral; (iv) to demand, collect, receipt for, compromise, settle
and  sue  for  monies  due  in  respect  of  the Collateral; (v) to transfer any
Intellectual  Property or provide licenses respecting any Intellectual Property;
and  (vi) generally, at the option of the Secured Parties, and at the expense of
the  Debtors,  at any time, or from time to time, to execute and deliver any and
all  documents  and  instruments and to do all acts and things which the Secured
Parties  deem necessary to protect, preserve and realize upon the Collateral and
the  Security  Interest  granted  therein  in order to effect the intent of this
Agreement  and  the Debentures all as fully and effectually as the Debtors might
or  could  do;  and  each  Debtor  hereby  ratifies all that said attorney shall
lawfully  do  or  cause  to be done by virtue hereof.  This power of attorney is
coupled with an interest and shall be irrevocable for the term of this Agreement
and  thereafter  as  long  as  any of the Obligations shall be outstanding.  The
designation  set  forth  herein  shall  be  deemed  to  amend  and supersede any
inconsistent  provision  in  the  Organizational Documents or other documents or
agreements  to  which  any  Debtor  is  subject  or  to  which  any  Debtor is a
party.Without limiting the generality of the foregoing, after the occurrence and
during  the  continuance  of  an  Event  of  Default,  each  Secured  Party  is
specifically  authorized to execute and file any applications for or instruments
of  transfer  and  assignment  of  any  patents, trademarks, copyrights or other
Intellectual Property with the United States Patent and Trademark Office and the
United  States  Copyright  Office.

     (b)  On  a  continuing  basis, each Debtor will make, execute, acknowledge,
deliver,  file  and  record,  as  the  case  may  be, with the proper filing and
recording  agencies  in  any  jurisdiction,  including,  without limitation, the
jurisdictions indicated on Schedule C attached hereto, all such instruments, and
take  all  such action as may reasonably be deemed necessary or advisable, or as
reasonably  requested  by  the Secured Parties, to perfect the Security Interest
granted  hereunder  and  otherwise  to carry out the intent and purposes of this
Agreement,  or  for  assuring and confirming to the Secured Parties the grant or
perfection of a perfected security interest in all the Collateral under the UCC.

     (c)     Each Debtor hereby irrevocably appoints the Secured Parties as such
Debtor's  attorney-in-fact, with full authority in the place and instead of such
Debtor and in the name of such Debtor, from time to time in the Secured Parties'
discretion,  to  take any action and to execute any instrument which the Secured
Parties  may  deem  necessary  or  advisable  to accomplish the purposes of this
Agreement,  including  the  filing,  in  its  sole  discretion,  of  one or more
financing  or continuation statements and amendments thereto, relative to any of
the  Collateral  without  the  signature  of such Debtor where permitted by law,
which  financing  statements  may (but need not) describe the Collateral as "all
assets"  or  "all  personal  property" or words of like import, and ratifies all
such  actions  taken  by the Secured Parties.  This power of attorney is coupled
with  an  interest  and  shall be irrevocable for the term of this Agreement and
thereafter  as  long  as  any  of  the  Obligations  shall  be  outstanding.

            16.     NOTICES.  All  notices,  requests,  demands  and  other
communications  hereunder  shall  be  subject  to  the  notice  provision of the
Purchase  Agreement  (as  such  term  is  defined  in  the  Debentures).

            17.     OTHER  SECURITY.  To the extent that the Obligations are now
or hereafter  secured by property other than the Collateral or by the guarantee,
endorsement  or property of any other person, firm, corporation or other entity,
then  the  Secured  Parties  shall  have  the  right, in its sole discretion, to
pursue,  relinquish,  subordinate,  modify or take any other action with respect
thereto,  without  in any way modifying or affecting any of the Secured Parties'
rights  and  remedies  hereunder.

            18. APPOINTMENT  OF  AGENT. The  Secured  Parties  hereby  appoint
Palisades Master  Fund,  LP to act as their agent ("Palisades" or  "Agent")  for
purposes of exercising  any and all  rights and remedies of the Secured  Parties
hereunder. Such  appointment  shall  continue  until  revoked  in  writing by  a
Majority in Interest,  at  which  time  a  Majority  in  Interest shall  appoint
a new Agent; provided,  that  Palisades  may not  be  removed. The  Agent  shall
have the rights, responsibilities  and  immunities  set  forth  in  Annex  B
hereto.

            19.     MISCELLANEOUS.

     (a)     No  course  of dealing between the Debtors and the Secured Parties,
nor  any  failure  to  exercise, nor any delay in exercising, on the part of the
Secured Parties, any right, power or privilege hereunder or under the Debentures
shall  operate  as a waiver thereof; nor shall any single or partial exercise of
any  right,  power  or  privilege  hereunder or thereunder preclude any other or
further exercise thereof or the exercise of any other right, power or privilege.

     (b)     All  of the rights and remedies of the Secured Parties with respect
to  the  Collateral,  whether  established hereby or by the Debentures or by any
other agreements, instruments or documents or by law shall be cumulative and may
be  exercised  singly  or  concurrently.

     (c)  This  Agreement  constitutes  the entire agreement of the parties with
respect  to  the  subject  matter  hereof and is intended to supersede all prior
negotiations,  understandings  and  agreements  with  respect thereto. Except as
specifically  set forth in this Agreement, no provision of this Agreement may be
modified or amended except by a written agreement specifically referring to this
Agreement  and  signed  by  the  parties  hereto.

     (d)  In  the  event  any provision of this Agreement is held to be invalid,
prohibited  or  unenforceable  in  any  jurisdiction for any reason, unless such
provision is narrowed by judicial construction, this Agreement shall, as to such
jurisdiction,  be  construed  as  if  such  invalid, prohibited or unenforceable
provision  had  been  more narrowly drawn so as not to be invalid, prohibited or
unenforceable.  If,  notwithstanding  the  foregoing,  any  provision  of  this
Agreement  is  held  to  be  invalid,  prohibited  or  unenforceable  in  any
jurisdiction,  such  provision, as to such jurisdiction, shall be ineffective to
the  extent  of  such  invalidity,  prohibition  or  unenforceability  without
invalidating  the remaining portion of such provision or the other provisions of
this  Agreement  and  without  affecting  the validity or enforceability of such
provision  or  the other provisions of this Agreement in any other jurisdiction.

     (e)  No  waiver  of any breach or default or any right under this Agreement
shall  be considered valid unless in writing and signed by the party giving such
waiver,  and no such waiver shall be deemed a waiver of any subsequent breach or
default  or  right,  whether  of  the  same  or  similar  nature  or  otherwise.

     (f)This  Agreement  shall  be binding upon and inure to the benefit of each
party  hereto  and  its  successors  and  assigns.

     (g)  Each party shall take such further action and execute and deliver such
further  documents  as may be necessary or appropriate in order to carry out the
provisions  and  purposes  of  this  Agreement.

     (h)  All  questions  concerning the construction, validity, enforcement and
interpretation of this Agreement shall be governed by and construed and enforced
in accordance with the internal laws of the State of New York, without regard to
the  principles  of  conflicts  of  law  thereof.  Each  Debtor  agrees that all
proceedings  concerning  the  interpretations,  enforcement  and  defense of the
transactions  contemplated  by this Agreement and the Debenture (whether brought
against  a  party  hereto  or  its  respective  affiliates, directors, officers,
shareholders,  partners,  members,  employees  or  agents)  shall  be  commenced
exclusively  in  the  state  and federal courts sitting in the City of New York,
Borough  of  Manhattan.  Each Debtor hereby irrevocably submits to the exclusive
jurisdiction  of  the  state and federal courts sitting in the City of New York,
Borough  of  Manhattan  for  the  adjudication  of  any  dispute hereunder or in
connection  herewith  or  with  any transaction contemplated hereby or discussed
herein,  and  hereby  irrevocably  waives,  and  agrees  not  to  assert  in any
proceeding,  any  claim that it is not personally subject to the jurisdiction of
any  such  court,  that  such  proceeding  is improper. Each party hereto hereby
irrevocably  waives  personal  service  of process and consents to process being
served  in  any  such  proceeding  by  mailing  a copy thereof via registered or
certified  mail  or overnight delivery (with evidence of delivery) to such party
at  the address in effect for notices to it under this Agreement and agrees that
such  service shall constitute good and sufficient service of process and notice
thereof.  Nothing contained herein shall be deemed to limit in any way any right
to  serve  process  in  any  manner  permitted  by law. Each party hereto hereby
irrevocably  waives,  to the fullest extent permitted by applicable law, any and
all right to trial by jury in any legal proceeding arising out of or relating to
this  Agreement  or  the  transactions  contemplated  hereby. If any party shall
commence  a  proceeding  to  enforce  any provisions of this Agreement, then the
prevailing  party  in such proceeding shall be reimbursed by the other party for
its  reasonable  attorney's  fees and other costs and expenses incurred with the
investigation,  preparation  and  prosecution  of  such  proceeding.

     (i)     This  Agreement may be executed in any number of counterparts, each
of  which  when  so executed shall be deemed to be an original and, all of which
taken  together  shall  constitute one and the same Agreement. In the event that
any  signature  is  delivered  by  facsimile  transmission, such signature shall
create  a  valid  binding  obligation of the party executing (or on whose behalf
such  signature  is executed) the same with the same force and effect as if such
facsimile  signature  were  the  original  thereof.

     (j)  All  Debtors shall jointly and severally be liable for the obligations
of  each  Debtor  to  the  Secured  Parties  hereunder.

     (k)  Each Debtor shall indemnify,  reimburse and hold harmless the Secured
Parties  and  their  respective  partners,  members,  shareholders,  officers,
directors,  employees  and agents (collectively, "Indemnitees") from and against
                                                  -----------
any  and  all  losses, claims, liabilities, damages, penalties, suits, costs and
expenses,  of  any  kind  or  nature,  (including  fees  relating to the cost of
investigating  and  defending  any  of the foregoing) imposed on, incurred by or
asserted  against  such  Indemnitee  in  any  way  related to or arising from or
alleged  to arise from this Agreement or the Collateral, except any such losses,
claims,  liabilities, damages, penalties, suits, costs and expenses which result
from  the gross negligence or willful misconduct of the Indemnitee as determined
by  a  final, nonappealable decision of a court of competent jurisdiction.  This
indemnification provision is in addition to, and not in limitation of, any other
indemnification  provision  in  the  Debentures, the Purchase Agreement (as such
term  is  defined in the Debentures) or any other agreement, instrument or other
document  executed  or  delivered  in  connection  herewith  or  therewith.

     (l)  Nothing  in  this Agreement shall be construed to subject Agent or any
Secured  Party  to  liability as a partner in any Debtor or any if its direct or
indirect  subsidiaries that is a partnership or as a member in any Debtor or any
of  its direct or indirect subsidiaries that is a limited liability company, nor
shall Agent or any Secured Party be deemed to have assumed any obligations under
any partnership agreement or limited liability company agreement, as applicable,
of  any  such Debtor or any if its direct or indirect subsidiaries or otherwise,
unless  and  until  any such Secured Party exercises its right to be substituted
for  such  Debtor  as  a  partner  or  member,  as  applicable, pursuant hereto.

     (m)     To  the  extent  that  the  grant  of  the security interest in the
Collateral and the enforcement of the terms hereof require the consent, approval
or  action  of any partner or member, as applicable, of any Debtor or any direct
or indirect subsidiary of any Debtor or compliance with any provisions of any of
the Organizational Documents, the Debtors hereby grant such consent and approval
and  waive  any  such  noncompliance  with  the  terms  of  said  documents.

                            [SIGNATURE PAGES FOLLOW]
<PAGE>

     IN  WITNESS  WHEREOF,  the  parties hereto have caused this Security
Agreement  to  be  duly  executed  on  the  day  and  year  first above written.

TRINITY  LEARNING  CORPORATION

   By:/s/ Pat Quinn
      -------------
 Name: Pat Quinn
Title: Chief Financial Officer

TRINITY  WORKPLACE  LEARNING CORPORATION

   By:/s/ Pat Quinn
      -------------
 Name: Pat Quinn
Title: Chief Financial Officer

                            [SIGNATURE PAGE OF HOLDERS FOLLOWS]

<PAGE>
                     [SIGNATURE PAGE OF HOLDERS TO TTYL SA]

     Name  of  Investing  Entity:  __________________________
     Signature  of  Authorized  Signatory  of  Investing  entity:
_________________________
Name  of  Authorized  Signatory:  _________________________
Title  of  Authorized  Signatory:  __________________________

<PAGE>

                                     ANNEX A
                                       TO
                                    SECURITY
                                    AGREEMENT

                        FORM OF ADDITIONAL DEBTOR JOINDER

            Security Agreement dated as of [_____ ___, 200__ made by
                                 [_____________
        and its subsidiaries party thereto from time to time, as Debtors
                               to and in favor of
        the Secured Parties identified therein (the "Security Agreement")
                                                     ------------------

     Reference  is  made to the Security Agreement as defined above; capitalized
terms used herein and not otherwise defined herein shall have the meanings given
to  such  terms  in,  or  by  reference  in,  the  Security  Agreement.

     The  undersigned hereby agrees that upon delivery of this Additional Debtor
Joinder  to  the Secured Parties referred to above, the undersigned shall (a) be
an  Additional  Debtor under the Security Agreement, (b) have all the rights and
obligations of the Debtors under the Security Agreement as fully and to the same
extent as if the undersigned was an original signatory thereto and (c) be deemed
to have made the representations and warranties set forth in Section ___ therein
as  of  the  date  of  execution and delivery of this Additional Debtor Joinder.
WITHOUT  LIMITING  THE GENERALITY OF THE FOREGOING, THE UNDERSIGNED SPECIFICALLY
GRANTS  TO  THE  SECURED  PARTIES  A SECURITY INTEREST IN THE COLLATERAL AS MORE
FULLY  SET  FORTH  IN  THE SECURITY AGREEMENT AND ACKNOWLEDGES AND AGREES TO THE
WAIVER  OF  JURY  TRIAL  PROVISIONS  SET  FORTH  THEREIN.

     Attached  hereto  are  supplemental  and/or  replacement  Schedules  to the
Security  Agreement,  as  applicable.

     An executed copy of this Joinder shall be delivered to the Secured Parties,
and the Secured Parties may rely on the matters set forth herein on or after the
date  hereof.  This Joinder shall not be modified, amended or terminated without
the  prior  written  consent  of  the  Secured  Parties.

<PAGE>
     IN  WITNESS WHEREOF, the undersigned has caused this Joinder to be executed
in  the  name  and  on  behalf  of  the  undersigned.

     [Name  of  Additional  Debtor]

     By:
     Name:
     Title:

     Address:

Dated:

<PAGE>
                                    [ANNEX B
                                       TO
                                    SECURITY
                                    AGREEMENT

                                    THE AGENT

     1.  APPOINTMENT.  The  Secured  Parties  (all capitalized terms used herein
and  not  otherwise  defined  shall have the respective meanings provided in the
Security  Agreement  to  which  this  Annex B is attached (the "Agreement")), by
                                                                ---------
their  acceptance  of  the benefits of the Agreement, hereby designate Palisades
Master Fund, LP ("Palisades" or "Agent") as the Agent to act as specified herein
                                 -----
and  in  the  Agreement.  Each  Secured  Party  shall  be  deemed irrevocably to
authorize  the  Agent  to take such action on its behalf under the provisions of
the Agreement and any other Transaction Document (as such term is defined in the
Debentures) and to exercise such powers and to perform such duties hereunder and
thereunder  as  are  specifically  delegated  to or required of the Agent by the
terms  hereof  and  thereof  and  such other powers as are reasonably incidental
thereto.  The  Agent  may  perform any of its duties hereunder by or through its
agents  or  employees.

     2.  NATURE  OF  DUTIES.  The Agent shall have no duties or responsibilities
except those expressly set forth in the Agreement.  Neither the Agent nor any of
its  partners,  members,  shareholders, officers, directors, employees or agents
shall  be  liable  for  any  action  taken  or  omitted  by it as such under the
Agreement  or  hereunder  or in connection herewith or therewith, be responsible
for  the consequence of any oversight or error of judgment or answerable for any
loss,  unless  caused solely by its or their gross negligence or willful conduct
as  determined by a final judgment (not subject to further appeal) of a court of
competent  jurisdiction.  The  duties  of  the  Agent  shall  be  mechanical and
administrative in nature; the Agent shall not have by reason of the Agreement or
any other Transaction Document a fiduciary relationship in respect of any Debtor
or  any  Secured  Party;  and  nothing in the Agreement or any other Transaction
Document,  expressed  or  implied, is intended to or shall be so construed as to
impose  upon  the Agent any obligations in respect of the Agreement or any other
Transaction  Document  except  as  expressly  set  forth  herein  and  therein.

     3.  LACK OF RELIANCE ON THE AGENT.  Independently and without reliance upon
the  Agent, each Secured Party, to the extent it deems appropriate, has made and
shall  continue  to  make (i) its own independent investigation of the financial
condition  and  affairs  of  the Company and its subsidiaries in connection with
such  Secured Party's investment in the Debtors, the creation and continuance of
the Obligations, the transactions contemplated by the Transaction Documents, and
the taking or not taking of any action in connection therewith, and (ii) its own
appraisal  of  the  creditworthiness of the Company and its subsidiaries, and of
the  value of the Collateral from time to time, and the Agent shall have no duty
or  responsibility,  either  initially  or on a continuing basis, to provide any
Secured Party with any credit, market or other information with respect thereto,
whether coming into its possession before any Obligations are incurred or at any
time  or times thereafter.  The Agent shall not be responsible to the Debtors or
any  Secured Party for any recitals, statements, information, representations or
warranties  herein or in any document, certificate or other writing delivered in
connection herewith, or for the execution, effectiveness, genuineness, validity,
enforceability,  perfection,  collectibility,  priority  or  sufficiency  of the
Agreement  or  any other Transaction Document, or for the financial condition of
the  Debtors  or  the value of any of the Collateral, or be required to make any
inquiry  concerning  either  the  performance or observance of any of the terms,
provisions  or conditions of the Agreement or any other Transaction Document, or
the  financial  condition of the Debtors, or the value of any of the Collateral,
or  the existence or possible existence of any default or Event of Default under
the  Agreement,  the  Debentures  or  any  of  the  other Transaction Documents.

     4. CERTAIN RIGHTS OF THE AGENT.  The Agent shall have the right to take any
action  with respect to the Collateral, on behalf of all of the Secured Parties.
To  the  extent practical, the Agent shall request instructions from the Secured
Parties with respect to any material act or action (including failure to act) in
connection  with  the  Agreement or any other Transaction Document, and shall be
entitled  to  act  or refrain from acting in accordance with the instructions of
Secured  Parties  holding a majority in principal amount of Debentures (based on
then-outstanding  principal  amounts  of  Debentures  at  the  time  of any such
determination);  if  such  instructions  are  not  provided  despite the Agent's
request therefor, the Agent shall be entitled to refrain from such act or taking
such  action,  and  if  such  action  is taken, shall be entitled to appropriate
indemnification  from  the  Secured Parties in respect of actions to be taken by
the  Agent;  and  the Agent shall not incur liability to any person or entity by
reason  of  so refraining.  Without limiting the foregoing, (a) no Secured Party
shall  have  any right of action whatsoever against the Agent as a result of the
Agent acting or refraining from acting hereunder in accordance with the terms of
the  Agreement  or any other Transaction Document, and the Debtors shall have no
right  to  question or challenge the authority of, or the instructions given to,
the  Agent  pursuant to the foregoing and (b) the Agent shall not be required to
take  any  action  which  the Agent believes (i) could reasonably be expected to
expose  it  to  personal  liability  or  (ii) is contrary to this Agreement, the
Transaction  Documents  or  applicable  law.

     5.  RELIANCE.  The  Agent  shall  be  entitled  to rely, and shall be fully
protected  in  relying,  upon  any  writing,  resolution,  notice,  statement,
certificate,  telex, teletype or telecopier message, cablegram, radiogram, order
or other document or telephone message signed, sent or made by the proper person
or  entity,  and,  with respect to all legal matters pertaining to the Agreement
and  the  other  Transaction Documents and its duties thereunder, upon advice of
counsel  selected  by it and upon all other matters pertaining to this Agreement
and  the  other  Transaction Documents and its duties thereunder, upon advice of
other  experts  selected  by  it.

     6.  INDEMNIFICATION.  To  the  extent  that the Agent is not reimbursed and
indemnified  by  the  Debtors,  the  Secured  Parties will jointly and severally
reimburse  and  indemnify  the Agent, in proportion to their initially purchased
respective  principal  amounts  of  Debentures,  from  and  against  any and all
liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs,  expenses  or disbursements of any kind or nature whatsoever which may be
imposed  on,  incurred by or asserted against the Agent in performing its duties
hereunder  or  under  the Agreement or any other Transaction Document, or in any
way  relating  to  or  arising  out  of  the  Agreement or any other Transaction
Document except for those determined by a final judgment (not subject to further
appeal)  of  a  court of competent jurisdiction to have resulted solely from the
Agent's  own gross negligence or willful misconduct.  Prior to taking any action
hereunder  as Agent, the Agent may require each Secured Party to deposit with it
sufficient sums as it determines in good faith is necessary to protect the Agent
for  costs  and  expenses  associated  with  taking  such  action.

     7.  RESIGNATION  BY  THE  AGENT.

     (a)  The  Agent  may  resign  from the performance of all its functions and
duties  under  the  Agreement and the other Transaction Documents at any time by
giving  30  days'  prior  written  notice  (as provided in the Agreement) to the
Debtors  and  the  Secured  Parties. Such resignation shall take effect upon the
appointment  of  a  successor  Agent  pursuant  to  clauses  (b)  and (c) below.

     (b)  Upon  any such notice of resignation, the Secured Parties, acting by a
Majority  in  Interest,  shall  appoint  a  successor  Agent  hereunder.

     (c)  If  a  successor  Agent  shall  not have been so appointed within said
30-day period, the Agent shall then appoint a successor Agent who shall serve as
Agent  until such time, if any, as the Secured Parties appoint a successor Agent
as  provided  above.  If  a  successor  Agent has not been appointed within such
30-day period, the Agent may petition any court of competent jurisdiction or may
interplead  the  Debtors  and  the  Secured  Parties  in  a  proceeding  for the
appointment  of  a successor Agent, and all fees, including, but not limited to,
extraordinary  fees  associated  with  the  filing  of interpleader and expenses
associated  therewith,  shall  be  payable  by  the  Debtors  on  demand.

     8.  RIGHTS  WITH RESPECT TO COLLATERAL.  Each Secured Party agrees with all
other Secured Parties and the Agent (i) that it shall not, and shall not attempt
to, exercise any rights with respect to its security interest in the Collateral,
whether  pursuant  to  any  other agreement or otherwise (other than pursuant to
this Agreement), or take or institute any action against the Agent or any of the
other  Secured  Parties  in  respect  of  the Collateral or its rights hereunder
(other  than any such action arising from the breach of this Agreement) and (ii)
that such Secured Party has no other rights with respect to the Collateral other
than  as  set  forth  in  this  Agreement  and  the other Transaction Documents.

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