Document:

<PAGE>

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR QUALIFIED UNDER STATE SECURITIES LAWS AND MAY NOT BE SOLD, PLEDGED,
OR OTHERWISE TRANSFERRED UNLESS EITHER (A) COVERED BY AN EFFECTIVE REGISTRATION
STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND QUALIFIED UNDER
APPLICABLE STATE SECURITIES LAWS, OR (B) THE CORPORATION HAS BEEN FURNISHED WITH
AN OPINION OF COUNSEL ACCEPTABLE TO THE CORPORATION TO THE EFFECT THAT NO
REGISTRATION OR QUALIFICATION IS LEGALLY REQUIRED FOR SUCH TRANSFER.

                    WARRANT TO PURCHASE UP TO 120,000 SHARES
                               OF COMMON STOCK OF
                            FORMAN INTERACTIVE CORP.
                         (Void after February 15, 2004)
                                                                           W-1

         This certifies that Palisade Private Partnership, L.P. or its permitted
assigns (the "Holder"), for value received, is entitled to purchase from Forman
Interactive Corp., (the "Company"), having a place of business at 134 Fifth
Avenue, 3rd Floor, New York, NY 10011, a maximum of 120,000 fully paid and
nonassessable shares of the Company's Common Stock, $0.0001 par value per share
("Common Stock") for cash at a price of $7.50 per share (as may be adjusted from
time to time in accordance with Section 3, the "Stock Purchase Price") at any
time or from time to time up to and including 5:00 p.m. (Eastern time) on
February 15, 2004, (the "Expiration Date"). Holder may purchase the shares
hereunder upon surrender to the Company at its principal office (or at such
other location as the Company may advise the Holder in writing) of this Warrant
properly endorsed with the Form of Subscription attached hereto duly filled in
and signed and, if applicable, upon payment in cash or by check of the aggregate
Stock Purchase Price for the number of shares for which this Warrant is being
exercised determined in accordance with the provisions hereof. The Stock
Purchase Price and the number of shares purchasable hereunder are subject to
adjustment as provided in Section 3 of this Warrant.

         This Warrant is subject to the following terms and conditions:

         1. Exercise; Issuance of Certificates; Payment for Shares. This Warrant
is exercisable at any time prior to the Expiration Date with respect to all or
any part of the shares of Common Stock. Any unexercised portion of this Warrant
shall terminate on the Expiration Date. The Company agrees that the shares of
Common Stock purchased under this Warrant shall be and are deemed to be issued
to the Holder hereof as the record owner of such shares as of the close of
business on the date on which this Warrant shall have been surrendered, properly
<PAGE>

endorsed, the completed, executed Form of Subscription delivered and payment
made for such shares. Certificates for the shares of Common Stock so purchased,
together with any other securities or property to which the Holder hereof is
entitled upon such exercise, shall be delivered to the Holder hereof by the
Company at the Company's expense within a reasonable time after the rights
represented by this Warrant have been so exercised. In case of a purchase of
less than all the shares which may be purchased under this Warrant, the Company
shall cancel this Warrant and execute and deliver a new Warrant or Warrants of
like tenor for the balance of the shares purchasable under the Warrant
surrendered upon such purchase to the Holder hereof within a reasonable time.
Each stock certificate so delivered shall be in such denominations of Common
Stock as may be requested by the Holder hereof and shall be registered in the
name of such Holder.

         2. SHARES TO BE FULLY PAID; RESERVATION OF SHARES. The Company
covenants and agrees that all shares of Common Stock which may be issued upon
the exercise of the rights represented by this Warrant will, upon issuance, be
duly authorized, validly issued, fully paid and nonassessable and free from all
preemptive rights of any shareholder and free of all taxes, liens and charges
with respect to the issue thereof. The Company further covenants and agrees
that, during the period within which the rights evidenced by this Warrant may be
exercised, the Company will at all times during such period have authorized and
reserved, for the purpose of issue or transfer upon exercise of the subscription
rights evidenced by this Warrant, a sufficient number of shares of authorized
but unissued Common Stock, or other securities and property, when and as
required to provide for the exercise of the rights evidenced by this Warrant.
The Company will take all such action as may be necessary to assure that such
shares of Common Stock may be issued as provided herein without violation of any
applicable law or regulation, or of any requirements of any domestic securities
exchange upon which the securities of the Company may be listed; provided,
however, that the Company shall not be required to effect a registration under
federal or state securities laws with respect to such exercise except as
otherwise provided by that certain Shareholders' Agreement, dated January 5,
1998, as amended, by and among the Company and the parties thereto, or any
replacement shareholders agreement (the "Shareholders' Agreement"). The Company
will not take any action which would result in any adjustment of the Stock
Purchase Price (as set forth in Section 3 hereof) if the total number of shares
of Common Stock issuable after such action upon exercise of all outstanding
warrants, together with all shares of Common Stock then outstanding and all
shares of Common Stock then issuable upon exercise of all options, warrants or
other rights to acquire securities and upon the conversion of all convertible
securities then outstanding, would exceed the total number of shares of Common
Stock then authorized by the Second Restated Certificate of Incorporation (as
amended and/or restated from time to time).

         3. ADJUSTMENT OF STOCK PURCHASE PRICE AND NUMBER OF SHARES. The Stock
Purchase Price and the number of shares purchasable upon the exercise of this
Warrant shall be subject to adjustment in accordance with this Section 3 and
from time to time upon the occurrence of certain events described in this
Section 3. Upon each adjustment of the Stock Purchase Price, including without
limitation, adjustments to the Stock Purchase Price pursuant to Section 3.5
hereof, the Holder of this Warrant shall thereafter be entitled to purchase, at
the Stock Purchase Price resulting from such adjustment, the number of shares
obtained by multiplying the Stock Purchase Price in effect immediately prior to

                                       2
<PAGE>

such adjustment by the number of shares purchasable pursuant hereto immediately
prior to such adjustment, and dividing the product thereof by the Stock Purchase
Price resulting from such adjustment.

         3.1 Subdivision or Combination of Stock. In case the Company shall at
any time subdivide its outstanding shares of Common Stock into a greater number
of shares, the Stock Purchase Price in effect immediately prior to such
subdivision shall be proportionately reduced, and conversely, in case the
outstanding shares of Common Stock of the Company shall be combined into a
smaller number of shares, the Stock Purchase Price in effect immediately prior
to such combination shall be proportionately increased.

         3.2 Dividends in Preferred Stock, Property, Reclassification. If at any
time or from time to time the holders of Common Stock (or any shares of stock or
other securities at the time receivable upon the exercise of this Warrant) shall
have received or become entitled to receive, without payment therefor,

         (a) Common Stock or any shares of stock or other securities which are
at any time directly or indirectly convertible into or exchangeable for any
other shares of stock or other securities, or any rights or options to subscribe
for, purchase or otherwise acquire any of the foregoing by way of dividend or
other distribution;

         (b) Common Stock or additional stock or other securities or property
(including cash) by way of spinoff, split-up, reclassification, combination of
shares or similar corporate rearrangement, (other than shares of Common Stock
issued as a stock split or adjustments in respect of which shall be covered by
the terms of Section 3.1 above), then and in each such case, the Holder hereof
shall, upon the exercise of any portion of this Warrant, be entitled to receive,
in addition to the number of shares of Common Stock receivable thereupon, and
without payment of any additional consideration therefor, the amount of stock
and other securities and property (including cash in the cases referred to in
this clause (b)) which such Holder would hold on the date of such exercise had
he been the holder of record of such Common Stock as of the date on which
holders of Common Stock received or became entitled to receive such shares or
all other additional stock and other securities and property.

         3.3 Reorganization, Reclassification, Consolidation, Merger or Sale. If
any recapitalization, reclassification or reorganization of the capital stock of
the Company, or any consolidation or merger of the Company with another
corporation, or the sale of all or substantially all of its assets or other
transaction shall be effected in such a way that holders of Common Stock shall
be entitled to receive stock, securities, or other assets or property (an
"Organic Change"), then, as a condition of such Organic Change, lawful and
adequate provisions shall be made by the Company whereby the Holder hereof shall
thereafter have the right to purchase and receive (in lieu of the shares of the
Common Stock of the Company immediately theretofore purchasable and receivable
upon the exercise of the rights represented hereby) such shares of stock,
securities or other assets or property as may be issued or payable with respect
to or in exchange for a number of outstanding shares of such Common Stock equal
to the number of shares of such stock immediately theretofore purchasable and
receivable upon the exercise of the rights represented hereby. In the event of
any Organic Change (other than a Sale), appropriate provision shall be made by
the Company with respect to the rights and interests of the Holder of this
Warrant to the end that the provisions hereof (including, without limitation,

                                       3
<PAGE>

provisions for adjustments of the Stock Purchase Price and of the number of
shares purchasable and receivable upon the exercise of this Warrant) shall
thereafter be applicable, in relation to any shares of stock, securities or
assets thereafter deliverable upon the exercise hereof. The Company will not
effect any such consolidation, merger or sale unless, prior to the consummation
thereof, the successor corporation (if other than the Company) resulting from
such consolidation or the corporation purchasing such assets shall assume by
written instrument reasonably satisfactory in form and substance to the Holders
of a majority of the warrants to purchase Common Stock then outstanding,
executed and mailed or delivered to the registered Holder hereof at the last
address of such Holder appearing on the books of the Company, the obligation to
deliver to such Holder such shares of stock, securities or assets as, in
accordance with the foregoing provisions, such Holder may be entitled to
purchase.

         3.4 Certain Events. If any change in the outstanding Common Stock or
any other event occurs as to which the other provisions of this Section 3 are
not strictly applicable or if strictly applicable would not fairly protect the
purchase rights of the Holder of the Warrant in accordance with such provisions,
then the Board of Directors of the Company shall make an adjustment in the
number and class of shares available under the Warrant, the Stock Purchase Price
or the application of such provisions, so as to protect such purchase rights as
aforesaid. The adjustment shall be such as will give the Holder of the Warrant
upon exercise for the same aggregate Stock Purchase Price the total number,
class and kind of shares as he would have owned had the Warrant been exercised
prior to the event and had he continued to hold such shares until after the
event requiring adjustment.

         3.5 Purchase Price Protection.

         (a) If, at any time prior to the date upon which the Exchangeable
Preferred Stock must automatically be exchanged for Common Stock pursuant to the
terms of the Second Restated Certificate of Incorporation of the Company, the
Company issues Additional Shares of Equity Securities for per share
Consideration (as defined below) lower than the exchange price of such
Exchangeable Preferred Stock, the Purchase Price per share hereunder shall be
reduced to an amount equal to (x) such per share Consideration received by the
Company multiplied by (y) 1.0715.

         (b) The term "Consideration" for the issuance of Additional Shares of
Equity Securities shall mean the consideration per share received by the
Corporation computed as follows:

         (1) Cash and Property. Such consideration shall:

         (A) insofar as it consists of cash, be computed at the aggregate of
cash received by the Corporation, excluding amounts paid or payable for accrued
interest or accrued dividends;

         (B) insofar as it consists of property other than cash, be computed at
the fair market value thereof at the time of such issue, as determined in good
faith by the Board of Directors; and

                                       4
<PAGE>

         (C) in the event Additional Shares of Equity Securities are issued
together with other shares or securities or other assets of the Corporation for
consideration which covers both, be the proportion of such consideration so
received, computed as provided in clauses (A) and (B) above, as determined in
good faith by the Board of Directors.

         (2) Options and Convertible Securities. The consideration per share
received by the Corporation for Additional Shares of Equity Securities which
take the form of options and convertible securities, shall be determined by
dividing

         (A) the total amount, if any, received or receivable by the Corporation
as consideration for the issue of such options or convertible securities, plus
the minimum aggregate amount of additional consideration (as set forth in the
instruments relating thereto, without regard to any provision contained therein
for a subsequent adjustment of such consideration) payable to the Corporation
upon the exercise of such options or the conversion or exchange of such
convertible securities, or in the case of options for convertible securities,
the exercise of such options for convertible securities and the conversion or
exchange of such convertible securities, by

         (B) the maximum number of shares of each class of Common Stock (as set
forth in the instruments relating thereto, without regard to any provision
contained therein for a subsequent adjustment of such number) issuable upon the
exercise of such options or the conversion or exchange of such convertible
securities.

         (c) The term "Additional Shares of Equity Securities" as used herein
shall mean all shares of equity securities issued by the Corporation, whether or
not subsequently reacquired or retired by the Corporation, and any security
convertible into or exchangeable for any equity securities issued by the
Corporation, including without limitation all rights, options or warrants to
subscribe for, purchase or otherwise acquire any class of Common Stock or
convertible securities issued by the Corporation, except that Additional Shares
of Equity Securities shall not include shares of Common Stock issued or
issuable:

         (A) upon issuance or exercise of options to acquire Common Stock
granted pursuant to the 1997 Employee Stock Option Plan, not exceeding 500,000
shares (subject to appropriate adjustment in the event of any stock dividend,
stock split, combination or other similar recapitalization affecting shares of
Common Stock) unless such options which have not been granted on the date hereof
are granted at an exercise price reflecting greater than a 25% discount on the
greater of (x) the fair market value thereof, as determined by the Board of
Directors in good faith, and (y) $7.00;

         (B) upon exercise of warrants or options granted or issued prior to the
issuance of the Exchangeable Preferred;

                                       5
<PAGE>

         (C) upon issuance or exercise of a warrant to Legg Mason Wood Walker
Incorporated pursuant to its engagement letter with the Corporation entered into
prior to the issuance of the Exchangeable Preferred; and

         (D) upon issuance or exercise of any warrants to vendors of the
Corporation that were being negotiated at the time of the issuance of the
Exchangeable Preferred and were disclosed to Palisade Private Partnership, L.P.
prior to such issuance.

         (d) No Impairment. The Corporation will not, by any voluntary action,
avoid or seek to avoid the observance or performance of any of the terms to be
observed or performed hereunder by the Corporation, but will at all times in
good faith assist in the carrying out of all of the provisions of this Section
and in the taking of all such action as may be necessary or appropriate in order
to protect the rights of the holders of the Exchangeable Preferred against
impairment.

         3.6 Notices of Change.

         (a) Immediately upon any adjustment in the number or class of shares
subject to this Warrant and of the Stock Purchase Price, the Company shall give
written notice thereof to the Holder, setting forth in reasonable detail and
certifying the calculation of such adjustment.

         (b) The Company shall give written notice to the Holder at least 10
business days prior to the date on which the Company closes its books or takes a
record for determining rights to receive any dividends or distributions.

         (c) The Company shall also give written notice to the Holder at least
30 business days prior to the date on which an Organic Change shall take place.

         4. ISSUE TAX. The issuance of certificates for shares of Common Stock
upon the exercise of any portion of this Warrant shall be made without charge to
the Holder of the Warrant for any issue tax (other than any applicable income
taxes) in respect thereof; provided, however, that the Company shall not be
required to pay any tax which may be payable in respect of any transfer involved
in the issuance and delivery of any certificate in a name other than that of the
then Holder of the Warrant being exercised.

         5. CLOSING OF BOOKS. The Company will at no time close its transfer
books against the transfer of any warrant or of any shares of Common Stock
issued or issuable upon the exercise of any warrant in any manner which
interferes with the timely exercise of any portion of this Warrant.

         6. NO VOTING OR DIVIDEND RIGHTS; LIMITATION OF LIABILITY. Except as
provided in the Shareholders' Agreement (as defined in Section 7), nothing
contained in this Warrant shall be construed as conferring upon the Holder
hereof the right to vote or to consent or to receive notice as a shareholder of
the Company or any other matters or any rights whatsoever as a shareholder of
the Company. No dividends or interest shall be payable or accrued in respect of

                                       6
<PAGE>

this Warrant or the interest represented hereby or the shares purchasable
hereunder until, and only to the extent that, this Warrant shall have been
exercised. No provisions hereof, in the absence of affirmative action by the
Holder to purchase shares of Common Stock, and no mere enumeration herein of the
rights or privileges of the Holder, shall give rise to any liability of such
Holder for the Stock Purchase Price or as a shareholder of the Company, whether
such liability is asserted by the Company or by its creditors.

         7. TRANSFER. Subject to compliance with applicable federal and state
securities laws and the Shareholders' Agreement , this Warrant and all rights
hereunder are transferable, in whole or in part, without charge to the holder
hereof (except for transfer taxes), upon surrender of this Warrant properly
endorsed. This Warrant and all rights hereunder shall be subject to the same
restrictions on transferability as are applicable to shares of Common Stock in
the Shareholders' Agreement and each taker and holder of this Warrant shall be
deemed a "Shareholder" (as defined in the Shareholders' Agreement) for the
purposes thereof. Each taker and holder of this Warrant, by taking or holding
the same, consents and agrees to be bound by the terms and conditions of the
Shareholders' Agreement and shall, upon request by the Company, execute a
counterpart thereof.

         8. RIGHTS AND OBLIGATIONS SURVIVE EXERCISE OF WARRANT. The rights and
obligations of the Company, of the Holder of this Warrant and of the holder of
shares of Common Stock issued upon exercise of this Warrant, referred to in
Section 7 shall survive the exercise of this Warrant.

         9. MODIFICATION AND WAIVER. This Warrant and any provision hereof may
be changed, waived, discharged or terminated only by an instrument in writing
signed by the party against which enforcement of the same is sought.

         10. NOTICES. Any notice, request or other document required or
permitted to be given or delivered to the Holder hereof or the Company shall be
delivered or shall be sent by certified mail, postage prepaid, to each such
holder at its address as shown on the books of the Company or to the Company at
the address indicated therefor in the first paragraph of this Warrant or such
other address as either may from time to time provide to the other.

         11. BINDING EFFECT ON SUCCESSORS. This Warrant shall be binding upon
any corporation succeeding the Company by merger, consolidation or acquisition
of all or substantially all of the Company's assets. All of the obligations of
the Company relating to the Common Stock issuable upon the exercise of this
Warrant shall survive the exercise and termination of this Warrant. All of the
covenants and agreements of the Company shall inure to the benefit of the
successors and assigns of the Holder hereof.

         12. DESCRIPTIVE HEADINGS AND GOVERNING LAW. The description headings of
the several sections and paragraphs of this Warrant are inserted for convenience
only and do not constitute a part of this Warrant. This Warrant shall be
construed and enforced in accordance with, and the rights of the parties shall
be governed by, the internal laws of the State of New York, without regard to
its rules concerning conflicts of law.

                                       7
<PAGE>

         13. LOST WARRANTS. The Company represents and warrants to the Holder
hereof that upon receipt of evidence reasonably satisfactory to the Company of
the loss, theft, destruction, or mutilation of this Warrant and, in the case of
any such loss, theft or destruction, upon receipt of an indemnity reasonably
satisfactory to the Company, or in the case of any such mutilation upon
surrender and cancellation of such Warrant, the Company, at its expense, will
make and deliver a new Warrant, of like tenor, in lieu of the lost, stolen,
destroyed or mutilated Warrant.

         14. FRACTIONAL SHARES. No fractional shares shall be issued upon
exercise of this Warrant. The Company shall, in lieu of issuing any fractional
share, pay the holder entitled to such fraction a sum in cash equal to such
fraction multiplied by the then effective Stock Purchase Price.

                                       8
<PAGE>

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

Dated:  As of March 25, 1999              Forman Interactive Corp.,
                                          a New York corporation

                                          By
                                            ----------------------------
                                            Its: President

                      (SIGNATURE PAGE TO PALISADE WARRANT)

                                       9
<PAGE>

                                    EXHIBIT A

                                SUBSCRIPTION FORM

Date:  ____________, _____

Forman Interactive Corp.
134 Fifth Avenue
3rd Floor
New York, New York 10011

Attn:  President

Ladies and Gentlemen:

[ ]               The undersigned hereby elects to exercise the warrant issued
                  to it by Forman Interactive Corp. (the "Company") and dated
                  March 25, 1999 Warrant No. W-1 (the "Warrant") and to purchase
                  thereunder ___________ shares of the Common Stock, of the
                  Company (the "Shares") at a purchase price of $7.50 per Share
                  or an aggregate purchase price of ______________________
                  Dollars ($__________) (the "Purchase Price").

[ ]               The undersigned hereby elects to convert ____________________
                  percent (____%) of the value of the Warrant pursuant to the
                  provisions of Section 1 of the Warrant.

Pursuant to the terms of the Warrant the undersigned has delivered the Purchase
Price herewith in full in cash or by certified check or wire transfer. The
undersigned also makes the representations set forth on the attached Exhibit B
of the Warrant.

Very truly yours,

------------------------------------

By:_________________________________

Title:______________________________

                                       10
<PAGE>

                                  Exhibit B

                            INVESTMENT REPRESENTATION

THIS AGREEMENT MUST BE COMPLETED, SIGNED AND RETURNED TO FORMAN INTERACTIVE
CORP. ALONG WITH THE SUBSCRIPTION FORM BEFORE THE COMMON STOCK ISSUABLE UPON
EXERCISE OF THE WARRANT DATED MARCH 25, 1999, WILL BE ISSUED.

------------, ----

Forman Interactive Corp.
134 Fifth Avenue
3rd Floor
New York, New York 10011

Attn:  President

Ladies and Gentlemen:

The undersigned, ________________ ("Purchaser"), intends to acquire up to ______
shares of the Common Stock, $0.0001 par value per share (the "Common Stock") of
Forman Interactive Corp. (the "Company") from the Company pursuant to the
exercise of certain Warrants to purchase Common Stock held by Purchaser. The
Common Stock will be issued to Purchaser in a transaction not involving a public
offering and pursuant to an exemption from registration under the Securities Act
of 1933, as amended (the "1933 Act") and applicable state securities laws. In
connection with such purchase and in order to comply with the exemptions from
registration relied upon by the Company, Purchaser represents, warrants and
agrees as follows:

Purchaser is acquiring the Common Stock for its own account, to hold for
investment, and Purchaser shall not make any sale, transfer or other disposition
of the Common Stock in violation of the 1933 Act or the General Rules and
Regulations promulgated thereunder by the Securities and Exchange Commission
(the "SEC") or in violation of any applicable state securities law.

Purchaser has been advised that the Common Stock has not been registered under
the 1933 Act or state securities laws on the ground that this transaction is
exempt from registration, and that reliance by the Company on such exemptions is
predicated in part on Purchaser's representations set forth in this letter.

Purchaser has been informed that under the 1933 Act, the Common Stock must be
held indefinitely unless it is subsequently registered under the 1933 Act or
unless an exemption from such registration (such as Rule 144) is available with
respect to any proposed transfer or disposition by Purchaser of the Common
Stock. Purchaser further agrees that the Company may refuse to permit Purchaser
to sell, transfer or dispose of the Common Stock (except as permitted under Rule
144) unless there is in effect a registration statement under the 1933 Act and
any applicable state securities laws covering such transfer, or unless Purchaser

                                       11
<PAGE>

furnishes an opinion of counsel reasonably satisfactory to counsel for the
Company, to the effect that such registration is not required.

Purchaser agrees to be bound by the terms and conditions of that certain
Shareholders' Agreement by and among the Company and certain shareholders of the
Company, or any replacement shareholders agreement (the "Shareholders
Agreement"), and, to execute a counterpart thereof upon request by the Company.

Purchaser also understands and agrees that, in addition to any legends required
by the Shareholders' Agreement, there will be placed on the certificate(s) for
the Common Stock or any substitutions therefor, a legend stating in substance:

         "The shares represented by this certificate have not been registered
         under the Securities Act of 1933, as amended (the "Securities Act"), or
         any state securities laws. These shares have been acquired for
         investment and may not be sold or otherwise transferred in the absence
         of an effective registration statement for these shares under the
         Securities Act and applicable state securities laws, or unless an
         applicable exemption is available."

Purchaser has carefully read this letter and has discussed its requirements and
other applicable limitations upon Purchaser's resale of the Common Stock with
Purchaser's counsel (which may be in-house counsel).

Very truly yours,

------------------------
By:
Title:

                                       12<PAGE>
                          COMMON STOCK PURCHASE WARRANT

                             ($______ Warrant Price)

VOID AFTER 5:00 P.M., NEW YORK TIME, ON THE EXPIRATION DATE AS DEFINED BELOW.

                  WARRANT TO PURCHASE UP TO A MAXIMUM OF ______ SHARES OF COMMON
STOCK OF FORMAN INTERACTIVE CORP. [SUBJECT TO ADJUSTMENT - SECTION 3]

                  TRANSFER RESTRICTED - SEE SECTIONS 6.02 AND 7.02

                  THE WARRANT REPRESENTED BY THIS CERTIFICATE AND THE SHARES
                  ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER
                  THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR ANY
                  STATE SECURITIES LAWS AND NEITHER SUCH SECURITIES NOR ANY
                  INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR
                  OTHERWISE TRANSFERRED UNLESS (1) A REGISTRATION STATEMENT WITH
                  RESPECT THERETO IS EFFECTIVE UNDER THE ACT AND ANY APPLICABLE
                  STATE SECURITIES LAWS OR (2) THE COMPANY RECEIVES AN OPINION
                  OF COUNSEL TO THE HOLDER OF SUCH SECURITIES, WHICH COUNSEL AND
                  OPINION ARE REASONABLY SATISFACTORY TO THE COMPANY, THAT SUCH
                  SECURITIES MAY BE OFFERED, SOLD, PLEDGED , ASSIGNED OR
                  TRANSFERRED IN THE MANNER CONTEMPLATED WITHOUT AN EFFECTIVE
                  REGISTRATION STATEMENT UNDER THE ACT OR APPLICABLE STATE
                  SECURITIES LAWS.

                           This certifies that, for value received, ____________
                  _________, having an address at ______________________________
                  _____, or permitted registered assigns (the "Warrant Holder"),
                  is entitled to purchase from Register.com, Inc., a New York
                  corporation having a place of business at 575 Eighth Avenue,
                  11th Floor, New York, NY 10018 (the "Company"), subject to the
                  terms and conditions hereof at any time after the date
                  described in Section 7.01 hereof and before the Expiration
                  Date (as defined herein), up to the number of fully paid and
                  non-assessable shares of Common Stock ($0.0001 par value) of
                  the Company (the "Common Stock") stated above (as calculated
                  and adjusted from time to time pursuant to the terms hereof)
                  at the Warrant Price (as defined herein). The Warrant Price
                  and the number of shares purchasable hereunder are subject to
                  adjustment as provided below.
<PAGE>

                                   ARTICLE I

                                   Definitions

         Section 1.01. The following terms, as used herein, have the respective
meanings ascribed to them as follows:

         (a) "Aggregate Warrant Price" means the amount that the Warrant Holder
must pay at any time to the Company in the aggregate to acquire all of the
shares of Common Stock then remaining issuable hereunder.

         (b) "Business Day" means a day other than a Saturday, Sunday or other
day on which banks in the State of New York are authorized or required by law to
remain closed.

         (c) "Expiration Date" means 5:00 P.M., New York time, on _______, 2003.

         (d) "Warrants" means this Warrant (evidencing the right to purchase a
maximum of _______ shares of Common Stock, as adjusted in the manner hereinafter
provided) originally issued to Warrant Holder on the date hereof, and all
warrants that may be issued in its place.

         (e) "Warrant Holder" means, initially, the person named on the first
page of this Warrant and any person or entity in whose name this Warrant shall
be properly registered upon the books to be maintained by the Company for that
purpose.

         (f) "Warrant Price" means that portion of the Aggregate Warrant Price
that is allocable at any given time prior to the Expiration Date to one Warrant
Share, and which shall initially be $______ per share, as such price may be
adjusted from time to time pursuant to Article III. Notwithstanding any other
provision hereof to the contrary, at any time at which the Company's common
stock is registered under Section 12 of the Securities Exchange Act of 1934, as
amended, payment of the Warrant Price upon any exercise of this Warrant may be
made in cash or by delivery to the Company of shares of the Company's common
stock, which shall be deemed valued at their fair market value on the date of
such exercise, as determined by the Board in its sole discretion, provided that
any such shares being presented for payment shall have been held by the Warrant
Holder, as beneficial owner thereof, for at least six months prior to the
exercise of this Warrant in connection with which such shares are tendered as
payment.

         (g) "Warrant Shares" means the aggregate amount of shares of Common
Stock or other securities deliverable upon exercise of the Warrants.

                                   ARTICLE II

                          Duration Exercise of Warrant

         Section 2.01. This Warrant may be exercised in whole or in part at any
time or from time to time after 9:00 A.M., New York time, on the day following
the date specified in Section 7.01 hereof, and before 5:00 P.M., New York time,
on the Expiration Date. If this Warrant is not exercised during such time, it
shall become void, and all rights hereunder shall thereupon cease.

                                       2
<PAGE>

         Section 2.02. (a) The Warrant Holder may exercise this Warrant from
time to time upon surrender of this Warrant with the Subscription Form annexed
hereto duly executed, to the Company at its corporate office located at 575
Eighth Avenue, 11th Floor, New York, NY 10018, or at such other place within the
State of New York of which the Company shall notify the Warrant Holder in
writing, together with the full Warrant Price for each share of Common Stock to
be purchased in lawful money of the United States, or by check, bank draft or
postal or express money order payable in United States Dollars to the order of
the Company.

         (a) Upon receipt of this Warrant with the Subscription Form duly
executed and accompanied by payment of the Aggregate Warrant Price for the
shares of Common Stock for which this Warrant is then being exercised, the
Company will cause to be issued certificates for the total number of whole
shares (and cash, in lieu of any fractional share) (as provided in Section. 4.04
hereof) of Common Stock for which this Warrant is being exercised in such
denominations as are required for delivery to the Warrant Holder, ant the
Company shall thereupon deliver such certificates to the Warrant Holder.

         (b) The Company covenants and agrees that it will pay when due and
payable any and all transfer and similar taxes that may be payable with respect
to the issue of this Warrant or with respect to the issue of each and every
share of the Common Stock of the Company constituting a portion of the Warrant
Shares to the Warrant Holder upon the exercise of this Warrant.

                                  ARTICLE III

                      Adjustment of Shares of Common Stock
                        Purchasable and of Warrant Price

         Section 3.01. This Warrant is subject to the following further
provisions:

         (a) If, before expiration of this Warrant by exercise or by its teens,
the Company issues to holders of its Common Stock any shares of its Common Stock
as a stock dividend or stock split or subdivides or combines its outstanding
shares of Common Stock by reclassification or otherwise, then the number of
Warrant Shares then in effect shall be proportionately increased, in the case of
a stock dividend, stock split or subdivision, or decreased, in the case of a
combination, effective at the close of business on the record date for such
stock dividend or immediately after the effective date of such subdivision or
combination. Any dividend paid or distributed upon the Common Stock in stock or
any other class of securities convertible into shares of Common Stock shall be
treated as a dividend paid in Common Stock to the extent that shares of Common
Stock are issuable upon the conversion thereof.

                                       3
<PAGE>

         (b) If, prior to the expiration of this Warrant by exercise or by its
terms, there is a capital reorganization, or reclassification of the Common
Stock of the Company, or consolidation of the Company with or merger of the
Company into any other corporation, or sale of all, or substantially all, of the
properties and assets of the Company to any other corporation, then, immediately
after such capital reorganization, reclassification, consolidation, merger or
sale, this Warrant shall entitle the Warrant Holder to purchase the number of
shares of stock or other securities or property of the Company, or of the
corporation resulting from such consolidation or surviving such merger or to
which such sale shall be made, as the case may be, that the owner of the Warrant
Shares (at the time of such capital reorganization, reclassification of Common
Stock, consolidation, merger or sale) would have been entitled to receive or
purchase upon such capital reorganization, reclassification of Common Stock,
consolidation, merger or sale had this Warrant been exercised at such time; and
in any such case, the provisions set forth herein with respect to the rights and
interests thereafter of the Warrant Holder shall be appropriately adjusted, if
necessary, in order to render this Warrant applicable to any shares of stock or
other securities or property thereafter deliverable on the exercise of this
Warrant. The subdivision or combination of shares of Common Stock issuable upon
exercise of this Warrant at any time outstanding into a greater or lesser number
of shares of Common Stock (whether with or without par value) shall not be
deemed to be a reclassification of Common Stock for the purposes of this
paragraph.

         Section 3.02. Upon each adjustment of the number of Warrant Shares
pursuant to Section 3.01 hereof, the Warrant Price shall be adjusted by dividing
the adjusted number of Warrant Shares into the Aggregate Warrant Price.

         Section 3.03. Whenever the Warrant Price and the Warrant Shares shall
be adjusted as herein provided, the Company shall compute the adjusted Warrant
Price and the adjusted number of Warrant Shares in accordance with such
provisions and shall immediately notify the Warrant Holder thereof. Such notice
shall contain a detailed description of the computation of such adjustments and
the circumstances necessitating the adjustments.

         Section 3.04. If at any time after the date of this Warrant:

         (a) the Company shall declare a dividend (or any other distribution) on
its Common Stock payable otherwise than in cash;

         (b) the Company shall authorize the granting, to the holders of its
Common Stock, of rights to subscribe for or purchase any shares of any class of
its securities or of any other rights;

         (c) the Company shall authorize any private offering of equity
securities of the Company in an amount and upon terms acceptable to the Company;

         (d) there shall be any reclassification of the Common Stock (other than
a subdivision or combination of its outstanding Common Stock), or any
consolidation or merger of which the Company is a party or a sale or transfer of
all or substantially all of the assets of the Company and for which approval of
any holders of Common Stock is required; or

         (e) there shall be a dissolution, liquidation or winding up of the
Company;

                                       4

<PAGE>

then, in any of such events, the Company shall cause to be mailed to the Warrant
Holder at least twenty (20) days (or ten (10) days in any case specified in
clause (a) or (b) above) prior to the applicable record tale hereinafter
specified, a notice stating (i) the date on which a record is to be taken for
the purpose of such dividend, distribution or granting of rights, or, if a
record is not to be taken, the date as of which the holders of Common Stock of
record to be entitled to such dividend, distribution or rights are to be
determined, or (ii) the date on which such private offering, reclassification,
consolidation, merger, sale, transfer, dissolution, liquidation or winding up is
expected to become effective, and, in the case of a private offering,
reclassification, consolidation, merger, sale, transfer, dissolution,
liquidation or winding up, the date as of which it is expected that holders of
Common Stock of record shall be entitled to exchange their Common Stock for
securities or other property deliverable thereupon. Failure to give any such
notice or any defect therein shall not affect the validity of any action
contemplated in clauses (a) through (e) of this Section 3.04.

         Section 3.05. The form of this Warrant need not be changed because of
any change in the Warrant Price or in the number of shares of Common Stock
purchasable upon the exercise of this Warrant pursuant to this Article III and
Warrants issued after such change may state the same Warrant Price and the same
number of shares of Common Stock as are stated in this Warrant as initially
issued.

         Section 3.06. If, prior to the expiration of this Warrant by exercise
or by its terms, there is an adjustment of the number of Warrant Shares pursuant
to the antidilution provisions of Sections 3.01 and 3.02 hereof, this Warrant
shall immediately entitle the Warrant Holder to exercise this Warrant to
purchase such adjusted number of Warrant Shares as the holder hereof would have
otherwise received had such Holder exercised this Warrant immediately prior to
any such adjustment.

                                   ARTICLE IV

                            Other Provisions Relating
                           to Rights of Warrant Holder

         Section 4.01. The Warrant Holder shall not be entitled to vote or
receive dividends or be deemed the holder of shares of Common Stock for any
purpose, nor shall anything contained in this Warrant be construed to confer
upon the Warrant Holder any of the rights of a shareholder of the Company or any
right to vote, give or withhold consent to any action by the Company (whether
upon any recapitalization, issue of stock, reclassification of stock,
consolidation, merger, conveyance or otherwise), receive notice of meetings or
other action affecting shareholders (except for notices provided for in this
Warrant), receive dividends or subscription rights, or otherwise until this
Warrant shall have been exercised and the Warrant Shares purchasable upon the
exercise hereof shall have become deliverable as provided in Article II, at
which time the person or persons in whose name or names the certificate or
certificates for the Warrant Shares being purchased are to be issued shall be
deemed the holder or holders of record of such shares for all purposes;
provided, however, that if any such exercise occurs on a date when the Company's
stock transfer books are closed, the person or persons in whose name or names
the certificate or certificates for such shares are to be issues shall be deemed
the record holder or holders thereof for all purposes at the opening of business
on the next day on which such stock transfer books are open and this Warrant
shall not be deemed to have been exercised until such next day for the purpose
of determining entitlement to dividends on such Common Stock, and such exercise
shall be at the actual Warrant Price in effect at such date.

                                       5
<PAGE>

         Section 4.02. If this Warrant is lost, stolen, mutilated or destroyed,
the Company may, on such terms, including terms of indemnity, as it may
reasonably impose (which shall, in the case of a mutilated Warrant, include the
surrender thereof), issue a new Warrant of like denomination and tenor as, and
in substitution for, this Warrant. Subject to receipt of indemnity pursuant to
provisions of the preceding sentence, any such new Warrant executed and
delivered shall constitute an additional contractual obligation on the part of
the Company, whether or not the Warrant so lost, stolen, destroyed or mutilated
shall at any time be enforceable by anyone.

         Section 4.03. (a) The Company covenants and agrees to reserve and keep
available for the exercise of this Warrant a sufficient number of authorized
shares of Common Stock to permit the full exercise of this Warrant.

         (a) The Company covenants that all shares of Common Stock issued on
exercise of this Warrant, and payment of the Warrant Price therefor, this
Warrant as provided for herein will be validly issued, fully paid and
non-assessable.

         Section 4.04. Notwithstanding anything herein to the contrary, the
Company shall not issue a fraction of a share upon any exercise of this Warrant,
and if the Warrant Holder would be entitled upon the exercise hereof to receive
a fraction of a share, the Company shall, upon such exercise and receipt by the
Company of the Warrant Price, issue cash in lieu thereof.

         Section 4.05. All notices or other communications required or permitted
to be given under this Warrant shall be in writing and shall be deemed given
when delivered personally, or five (5) business days after the date on which
mailed by registered or certified mail, return receipt requested, addressed to
the Company, at its then principal place of business and to the Warrant Holder
at his last known address as it shall appear on the books of the Company.

                                   ARTICLE V

                           Treatment of Warrant Holder

         Section 5.01. Prior to due presentment for registration of a permitted
transfer of this Warrant, the Company may deem and treat the Warrant Holder as
the absolute owner of this Warrant (notwithstanding any notation of ownership or
other writing hereon) for the purpose of any exercise hereof and for all other
purposes, and the Company shall not be affected by any notice to the contrary.

                                   ARTICLE VI

                             Split-Up, Combination,
                        Exchange and Transfer of Warrants

         Section 6.01. Subject to Section 6.02, this Warrant may be split up,
combined or exchanged for another Warrant or Warrants containing the same terms

                                       6

<PAGE>
for the purchase of a like aggregate number of shares of Common Stock without
cost to the Warrant Holder. If the Warrant Holder desires to split up, combine
or exchange this Warrant, he shall make such request in writing delivered to the
Company at its principal office and shall surrender this Warrant and any other
Warrants to be so split up, combined or exchanged at said office. Upon any such
surrender for a splitup, combination or exchange, the Company shall execute and
deliver to the person entitled thereto a Warrant or Warrants, as the case may
be, as so requested. The Company shall not be required to effect any split-up,
combination or exchange that will result in the issuance of a Warrant entitling
the Warrant Holder to purchase upon exercise a fraction of a share of Common
Stock or a fractional Warrant.

         Section 6.02. This Warrant may not be sold, hypothecated, assigned,
transferred or otherwise disposed of, voluntarily or involuntarily, except in
accordance with and subject to the provisions of the Securities Act of 1933, as
amended (the "Act"), and the rules and regulations promulgated thereunder.

         Section 6.03. Any assignment permitted hereunder shall be made by
surrender of this Warrant to the Company at its principal office with the Form
of Assignment annexed hereto duly executed. In such event the Company shall,
without charge, execute and deliver a new Warrant in the name of the assignee
named in such instrument of assignment and this Warrant shall promptly be
canceled. This Warrant may be divided or combined with other Warrants that carry
the same rights upon presentation thereof at the principal office of the Company
together with a written notice signed by the Warrant Holder, specifying the
denominations in which new Warrants are to be issued.

                                  ARTICLE VII

                  Conditions Precedent to Exercise of Warrant;
            Restrictions on Transfer; Restrictions on Warrant Shares

         Section 7.01. This Warrant shall only be exercisable after the date
hereof and until the Expiration Date.

         Section 7.02. Subject to the provisions of Section 6.02, this Warrant
and the Warrant Shares may not be sold, assigned, hypothecated, transferred or
otherwise disposed of except as follows:

         (a) to a person to whom this Warrant or the Warrant Shares may legally
be transferred without registration under the Act and applicable state
securities law and without the delivery of a current prospectus under the Act
and applicable state securities law; or

         (b) in the case of this Warrant or the Warrant Shares, to any person
upon delivery of a prospectus then meeting the requirements of the Act and
applicable state securities law relating to such Warrant and Warrant Shares (as
to which a registration statement under the Act and applicable state securities
law shall then be in effect) and the offering thereof for such sale or
disposition.

                                       7
<PAGE>
                                  ARTICLE VIII

                                  Other Matters

         Section 8.01. The Company will from time to time promptly pay all
transfer and similar taxes and charges that may be imposed with respect to the
issuance or delivery of Warrant Shares upon the exercise of this Warrant by the
record holder of the Warrant.

         Section 8.02. All the covenants and provisions of this Warrant by or
for the benefit of the Company shall bind and inure to the benefit of its
successors and assigns hereunder.

         Section 8.03. The validity, interpretation and performance of this
Warrant shall be governed by the laws of the State of New York, without regard
to any conflict of laws principles.

         Section 8.04. Nothing in this Warrant expressed and nothing that may be
implied from any of the provisions hereof is intended, or shall be construed, to
confer upon, or give to, any person or entity other than the Company and the
Warrant Holder any right, remedy or claim under any promise or agreement hereof,
and all covenants, conditions, stipulations, promises and agreements contained
in this Warrant shall be for the sole and exclusive benefit of the Company and
its successor, and of the Warrant Holder and its successors and permitted
assigns.

         Section 8.05. The Article headings herein are for convenience only and
are not part of this Warrant and shall not affect the interpretation hereof.

         Section 8.06. The Warrant Holder hereby represents to the Company that
the Warrant and the shares of Common Stock underlying the Warrant are being
acquired solely for the Warrant Holder's account, for investment, and are not
being purchased with a view to or for the resale or distribution thereof.

                  IN WITNESS WHEREOF, this Warrant has been duly executed by the
Company as of the __th day of _____, 199__.

                                      FORMAN INTERACTIVE CORP.

                                       By: _________________________________
                                           Richard Forman, President

                                       8
<PAGE>

                                   Assignment

(To be executed by the registered holder to effect a transfer of the within
Warrant.)

For value received _________________ received hereby sells, assigns and
transfers unto _________________ this Warrant and the rights represented thereby
to purchase shares of Common Stock in accordance with the terms and conditions
thereof, and does hereby irrevocably constitute and appoint _________________
attorney to transfer this Warrant on the books of the Company, with full power
of substitution.

         IN WITNESS WHEREOF, the undersigned has executed this assignment this
_____ day of __________, ___.

                                 _______________________________________

<PAGE>

                                Subscription Form

(To be executed by the holder to exercise the rights to purchase Shares of
Common Stock evidenced by the within Warrant.)

Register.com, Inc.
575 Eighth Avenue, 11th Floor
New York, NY 10018

The undersigned hereby irrevocably subscribes for _____ shares of your Common
Stock pursuant to and in accordance with the terms and conditions of this
Warrant and herewith makes payment of $_____ therefor in cash or by delivery of
_____ shares of your Common Stock, which has been held beneficially by the
undersigned for at least six months prior to the date hereof, and requests that
a certificate for such shares be issued in the name of the undersigned and be
delivered to the undersigned at the address stated below.

         IN WITNESS WHEREOF, the undersigned has executed this assignment this
_____ day of __________, ___.

                                    ______________________________________
                                    Address:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}]]