Document:

SERIES
      A
      PREFERRED STOCK PURCHASE AGREEMENT

    

    Dated
      February 20, 2007

    

    by
      and
      between

    

    LEWIS
      OPPORTUNITY FUND, LP

    

    and

    

    SEARCHHELP,
      INC.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      TABLE
        OF CONTENTS

      
         

        
          	 	 	
                  Page 

                	 
	 	 	 	 
	
                  ARTICLE
                    I DEFINITIONS

                	 	
                  1

                	 
	
                  1.1

                	 	 	
                  Definitions

                	 	 	
                  1

                	 
	
                  1.2

                	 	 	
                  Knowledge

                	 	 	
                  3

                	 
	
                  1.3

                	 	 	
                  Interpretation

                	 	 	
                  3

                	 
	
                  ARTICLE
                    II CLOSING; PURCHASE AND SALE

                	 	
                  4

                	 
	
                  2.1

                	 	 	
                  The
                    Closing

                	 	 	
                  4

                	 
	
                  2.2

                	 	 	
                  Issuance
                    and Delivery of the Purchase Shares

                	 	 	
                  4

                	 
	
                  2.3

                	 	 	
                  The
                    Purchase Price

                	 	 	
                  4

                	 
	
                  2.4

                	 	 	
                  Delivery
                    of Purchase Price

                	 	 	
                  4

                	 
	
                  2.5

                	 	 	
                  Use
                    of Proceeds

                	 	 	
                  4

                	 
	
                  ARTICLE
                    III REPRESENTATIONS AND WARRANTIES OF THE COMPANY

                	 	
                  4

                	 
	
                  3.1

                	 	 	
                  Organization;
                    Good Standing

                	 	 	
                  4

                	 
	
                  3.2

                	 	 	
                  Subsidiaries

                	 	 	
                  5

                	 
	
                  3.3

                	 	 	
                  Authority;
                    Execution and Delivery; Enforceability

                	 	 	
                  5

                	 
	
                  3.4

                	 	 	
                  Non-Contravention

                	 	 	
                  5

                	 
	
                  3.5

                	 	 	
                  Corporate
                    Documents

                	 	 	
                  6

                	 
	
                  3.6

                	 	 	
                  Capitalization;
                    Options

                	 	 	
                  6

                	 
	
                  3.7

                	 	 	
                  Consents
                    and Approvals

                	 	 	
                  7

                	 
	
                  3.8

                	 	 	
                  SEC
                    Reports and Financial Statements

                	 	 	
                  7

                	 
	
                  3.9

                	 	 	
                  Litigation
                    and Claims

                	 	 	
                  8

                	 
	
                  3.10

                	 	 	
                  No
                    Finder

                	 	 	
                  8

                	 
	
                  3.11

                	 	 	
                  Exempt
                    Offering

                	 	 	
                  8

                	 
	
                  3.12

                	 	 	
                  Agreements;
                    Action

                	 	 	
                  8

                	 
	
                  3.13

                	 	 	
                  Related-Party
                    Transactions

                	 	 	
                  8

                	 
	
                  3.14

                	 	 	
                  Title
                    to Property and Assets

                	 	 	
                  9

                	 
	
                  3.15

                	 	 	
                  Employee
                    Benefit Plans

                	 	 	
                  9

                	 
	
                  3.16

                	 	 	
                  Tax
                    Returns, Payments and Elections

                	 	 	
                  9

                	 
	
                  3.17

                	 	 	
                  Insurance

                	 	 	
                  9

                	 
	
                  3.18

                	 	 	
                  Disclosure

                	 	 	
                  10

                	 
	
                  ARTICLE
                    IV REPRESENTATIONS AND WARRANTIES OF THE BUYER

                	 	
                  10

                	 
	
                  4.1

                	 	 	
                  Organization
                    and Good Standing

                	 	 	
                  10

                	 
	
                  4.2

                	 	 	
                  Corporate
                    Authority; Execution and Delivery; Enforceability

                	 	 	
                  10

                	 
	
                  4.3

                	 	 	
                  Non-Contravention

                	 	 	
                  10

                	 
	
                  4.4

                	 	 	
                  Consents
                    and Approvals

                	 	 	
                  10

                	 
	
                  4.5

                	 	 	
                  Litigation
                    and Claims

                	 	 	
                  11

                	 
	
                  4.6

                	 	 	
                  No
                    Finder

                	 	 	
                  11

                	 
	
                  4.7

                	 	 	
                  Investment
                    Representations

                	 	 	
                  11

                	 
	
                  4.8

                	 	 	
                  Accredited
                    Investor

                	 	 	
                  11

                	 
	
                  4.9

                	 	 	
                  Access
                    to Information

                	 	 	
                  11

                	 
	
                  ARTICLE
                    V COVENANTS

                	 	
                  11

                	 

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        
          	
                  5.1

                	 	 	
                  Restrictive
                    Legends

                	 	 	
                  11

                	 
	
                  5.2

                	 	 	
                  Change
                    in Condition

                	 	 	
                  12

                	 
	
                  ARTICLE
                    VI CONDITIONS PRECEDENT TO OBLIGATIONS OF THE PARTIES

                	 	
                  12

                	 
	
                  6.1

                	 	 	
                  Conditions
                    to obligations of the Buyer

                	 	 	
                  12

                	 
	
                  6.2

                	 	 	
                  Conditions
                    to obligations of the Company

                	 	 	
                  13

                	 
	
                  ARTICLE
                    VII MISCELLANEOUS

                	 	
                  13

                	 
	
                  7.1

                	 	 	
                  Survival;
                    Certain Other Matters

                	 	 	
                  13

                	 
	
                  7.2

                	 	 	
                  Further
                    Assurances

                	 	 	
                  14

                	 
	
                  7.3

                	 	 	
                  Expenses
                    of the Transaction

                	 	 	
                  14

                	 
	
                  7.4

                	 	 	
                  Notices

                	 	 	
                  14

                	 
	
                  7.5

                	 	 	
                  No
                    Modification Except in Writing

                	 	 	
                  15

                	 
	
                  7.6

                	 	 	
                  Entire
                    Agreement

                	 	 	
                  15

                	 
	
                  7.7

                	 	 	
                  Severability

                	 	 	
                  15

                	 
	
                  7.8

                	 	 	
                  Assignment

                	 	 	
                  15

                	 
	
                  7.9

                	 	 	
                  Governing
                    Law; Jurisdiction

                	 	 	
                  16

                	 
	
                  7.10

                	 	 	
                  Captions

                	 	 	
                  16

                	 
	
                  7.11

                	 	 	
                  Counterparts

                	 	 	
                  16

                	 
	
                  7.12

                	 	 	
                  Delays
                    or Omissions

                	 	 	
                  16

                	 

        

        
           

          Exhibit
            A Certificate
            of Designations

           

          
            
               

            

            
              ii

              
                

              

            

            
               

            

             

          

        

      

    

    SERIES
      A PREFERRED STOCK PURCHASE AGREEMENT

     

    SERIES
      A PREFERRED STOCK PURCHASE AGREEMENT
      (“Agreement”),
      made
      and entered into this 20th day of February, 2007, by and between LEWIS
      OPPORTUNITY FUND, LP (“Buyer”),
      and
      SEARCHHELP, INC., a Delaware corporation (the “Company”).

    

    WITNESSETH:

     

    WHEREAS,
      the
      Buyer desires to purchase and acquire from the Company, and the Company desires
      to issue and deliver to the Buyer, an aggregate of 160,306 shares of the
      Company’s Series A Convertible Series A Preferred Stock, par value $0.0001
      (“Series
      A Preferred Stock”),
      free
      and clear of all claims, liens, options, charges and encumbrances of any kind
      other than restrictions on transfer as provided under applicable securities
      laws
      (“Liens”)
      and a
      Warrant to purchase from Company 400,765 fully paid and non-assessable shares
      of
      Common Stock, $.0001 par value, at the Exercise Price of $0.26 per share (the
      “Purchase
      Shares”),
      on
      the terms and subject to the conditions hereinafter set forth; and

    

    WHEREAS,
      unless
      the context otherwise requires, capitalized terms used in this Agreement shall
      have the meanings ascribed to such terms in Article I of this
      Agreement.

    

    NOW,
      THEREFORE,
      in
      consideration of the foregoing premises and of the mutual covenants hereinafter
      contained, the parties hereto hereby agree as follows:

     

    ARTICLE
      I

     

    DEFINITIONS

     

    
      
        1.1
          Definitions.
          As used
          herein, the following terms shall have the respective meanings ascribed
          to them
          below:

      

    

     

    “Action”
has
      the
      meaning ascribed to such term in Section 3.9.

    

    “Affiliate”
means,
      with respect to any specified Person, (i) any other Person 50% or more of whose
      outstanding voting securities are directly or indirectly owned, controlled
      or
      held with the power to vote by such specified Person or (ii) any other Person
      directly or indirectly controlling, controlled by or under direct or indirect
      common control with such specified Person. For purposes of this definition,
      the
      term “control” means the possession, directly or indirectly, of the power to
      direct or cause the direction of the management or policies of a Person by
      virtue of ownership of voting securities, by contract or otherwise.

    

    “Agreement”
has
      the
      meaning ascribed to such term in the Preamble.

    

    “Business
      Day”
means
      any day (other than Saturday or Sunday) on which banking institutions in the
      State of New York are not authorized or obligated by law to close.

    

    “Buyer”
has
      the
      meaning ascribed to such term in the Preamble.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    “Certificate
      of Designations”
shall
      mean the Certificate of Designations of the Series A Preferred Stock, attached
      hereto as Exhibit A.

    

    “Closing”
has
      the
      meaning ascribed to such term in Section 2.1.

    

    “Closing
      Date”
has
      the
      meaning ascribed to such term in Section 2.1.

    

    “Code”
shall
      mean the Internal Revenue Code of 1986, as amended from time to time, and any
      successor statute thereto.

    

    “Common
      Stock”
has
      the
      meaning ascribed to such term in Section 3.6.

    

    “Company”
has
      the
      meaning ascribed to such term in the Preamble.

    

    “Company
      Material Adverse Effect”
shall
      mean any event, condition or contingency that has had, or is reasonably likely
      to have, a material adverse effect on the business, assets, liabilities, results
      of operations, prospects or financial condition of the Company and its
      Subsidiaries, taken as a whole, provided,
      however,
      that a
      Company Material Adverse Effect shall not include any such effect resulting
      from
      or arising in connection with (a) changes or conditions generally affecting
      the
      industries or segments in which the Company operates or (b) changes in general
      economic, market or political conditions.

    

    “Conversion
      Shares”
has
      the
      meaning ascribed to such term in Section 3.6(b).

    

    “Exchange
      Act”
shall
      mean the Securities Exchange Act of 1934, as amended from time to time, and
      all
      regulations promulgated thereunder.

    

    “Financial
      Statements”
has
      the
      meaning ascribed to such term in Section 3.8.

    

    “GAAP”
shall
      mean United States generally accepted accounting principles, consistently
      applied.

    

    “Governmental
      Authority”
shall
      mean any federal, state, municipal or other governmental authority, department,
      commission, board, agency or other instrumentality.

    

    “Governmental
      Rules”
shall
      mean all laws, statutes, rules, regulations, codes, ordinances, writs, orders
      or
      decrees of any Governmental Authority.

    

    “Lien”
has
      the
      meaning ascribed to such term in the Preamble.

    

    “Person”
shall
      mean any individual, corporation, partnership, limited liability company,
      limited liability partnership, joint venture, estate, trust, cooperative,
      foundation, union, syndicate, league, consortium, coalition, committee, society,
      firm, company or other enterprise, association, organization or other entity
      or
      Governmental Authority.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

       

    

    “Purchase
      Price”
has
      the
      meaning ascribed to such term in Section 2.3.

    

    “Purchase
      Shares”
has
      the
      meaning ascribed to such term in the Recitals.

    

    “SEC”
shall
      mean the Securities and Exchange Commission.

    

    “SEC
      Reports”
has
      the
      meaning ascribed to such term in Section 3.8.

    

    “Securities
      Act”
shall
      mean the Securities Act of 1933, as amended from time to time, and all
      regulations promulgated thereunder.

    

    “Series
      A Preferred Stock”
has
      the
      meaning ascribed to such term in the Recitals.

    

    “Subsidiary”
shall
      mean, when used with respect to any Person, any other Person, whether
      incorporated or unincorporated, of which (i) more than fifty percent of the
      securities or other ownership interests or (ii) securities or other interests
      having by their terms ordinary voting power to elect more than fifty percent
      of
      the board of directors or others performing similar functions with respect
      to
      such corporation or other organization, is directly or indirectly owned or
      controlled by such Person or by any one or more of its Subsidiaries.

    

    “Survival
      Period”
has
      the
      meaning ascribed to such term in Section 8.1.

    

    “Transaction
      Documents”
shall
      mean the Certificate of Designations and those other agreements, certificates
      and documents entered into or delivered between the Buyer and the Company
      related to, ancillary to, or in connection with this Agreement or the
      Certificate of Designations.

    

    “Warrant”
shall
      mean a five-year warrant entitling the holder to purchase 400,765 shares of
      common stock, par value $0.0001 per share, of the Company (the “Common Stock”)
      at the Exercise Price of $0.26 per share. 

    

    
      
        1.2
          Knowledge.
          As used
          in the Agreement, “to the Company’s knowledge” or “to the knowledge of the
          Company” or words of similar import shall mean the actual knowledge of William
          J. Bozsnyak, the Chief Executive Officer of the
          Company.

      

    

     

    
      
        1.3
          Interpretation.
          When a
          reference is made in this Agreement to a section, article, paragraph, clause,
          annex or exhibit, such reference shall be to a reference to this Agreement
          unless otherwise clearly indicated to the contrary. The descriptive article
          and
          section headings herein are intended for convenience of reference only
          and are
          not intended to be a part of or to affect the meaning or interpretation
          of this
          Agreement. Whenever the words “include”, “includes” or “including” are used in
          this Agreement they shall be deemed to be followed by the words “without
          limitation.” The words “hereof,” “herein” and “herewith” and words of similar
          import shall, unless otherwise stated, be construed to refer to this Agreement
          as a whole and not to any particular provision of this Agreement. The meaning
          assigned to each term used in this Agreement shall be equally applicable
          to both
          the singular and the plural forms of such term, and words denoting either
          gender
          shall include both genders. Where a word or phrase is defined herein, each
          of
          its other grammatical forms shall have a corresponding meaning. 

         

        
          
             

          

          
            3

            
              

            

          

          
             

          

        

      

    

     

    The
      parties have participated jointly in the negotiation and drafting of this
      Agreement and the Transaction Documents. Consequently, in the event an ambiguity
      or question of intent or interpretation arises, this Agreement and each of
      the
      Transaction Documents shall be construed as if drafted jointly by the parties
      thereto, and no presumption or burden of proof shall arise favoring or
      disfavoring either party by virtue of the authorship of any provision of this
      Agreement or of any of the Transaction Documents.

    

    ARTICLE
      II 

     

    CLOSING;
      PURCHASE AND SALE

     

    
      
        2.1
          The
          Closing.
          Subject
          to the terms and conditions of this Agreement, the closing (the “Closing”)
          of the
          transaction set forth in this Article II shall take place on or before
          February
          20, 2007, or at such other time or such other date as Buyer and the Company
          may
          agree, at the offices of Katten Muchin Rosenman LLP, 575 Madison Avenue,
          New
          York, New York (such date upon which the Closing occurs is referred to
          as the
“Closing
          Date”).

      

    

     

    
      
        2.2
          Issuance
          and Delivery of the Purchase Shares.
          At the
          Closing, the Company shall issue and deliver to the Buyer certificates
          for the
          purchase Shares and the Buyer shall purchase the Purchase Shares from the
          Company.

      

    

     

    
      
        2.3
          The
          Purchase Price.
          At the
          Closing, the Buyer shall purchase the Purchase Shares for a purchase price
          equal
          to $2.62 per Purchase Share (the “Purchase
          Price”),
          which
          shall be paid to the Company by the Buyer. 

      

    

     

    
      
        2.4
          Delivery
          of Purchase Price.
          At the
          Closing, the aggregate Purchase Price shall be paid by the Buyer to the
          Company
          by wire transfer of immediately available funds to an account designated
          in
          writing by the Company at least one Business Day prior to the Closing.
          

      

    

     

    
      
        2.5
          Use
          of
          Proceeds.
          The
          Company shall use the net proceeds from the issuance of the Purchase Shares
          for
          general working capital purposes.

      

    

     

    ARTICLE
      III 

     

    REPRESENTATIONS
      AND WARRANTIES OF THE COMPANY

     

    The
      Company represents and warrants to the Buyer as of the date hereof and as of
      the
      Closing Date as follows:

    

    
      
        3.1
          Organization;
          Good Standing.
          The
          Company is a corporation duly organized, validly existing and in good standing
          under the laws of the State of Delaware. The Company has the corporate
          power and
          authority to conduct its business as now being conducted and is duly licensed
          or
          qualified to do business and is in good standing as a foreign corporation
          in all
          jurisdictions in which the nature of the business conducted by it, and/or
          the
          character of the assets owned or leased by it, makes such qualification
          or
          licensure necessary, except for those jurisdictions in which the failure
          to be
          so qualified or licensed or to be in good standing would not, individually
          or in
          the aggregate, limit the Company’s ability to consummate the transactions hereby
          contemplated or have a Company Material Adverse Effect.

         

        
          
             

          

          
            4

            
              

            

          

          
             

          

        

      

    

     

    
      
        3.2
          Subsidiaries.
          All of
          the outstanding shares of the capital stock of each Subsidiary of the Company
          are owned by the Company free and clear of all Liens. Each of the Company’s
          Subsidiaries is set forth on Schedule 3.2 and is a corporation or other
          legal
          entity duly organized, validly existing and in good standing under the
          laws of
          its jurisdiction of organization. Each of the Company’s Subsidiaries has the
          power and authority to conduct its business as now being conducted and
          is duly
          licensed or qualified to do business and is in good standing as a foreign
          corporation or other legal entity in all jurisdictions in which the nature
          of
          the business conducted by it, and/or the character of the assets owned
          or leased
          by it, makes such qualification or licensure necessary, except for those
          jurisdictions in which the failure to be so qualified or licensed or to
          be in
          good standing would not, individually or in the aggregate, limit the Company’s
          ability to consummate the transactions hereby contemplated or have a Company
          Material Adverse Effect.

      

    

     

    
      
        3.3
          Authority;
          Execution and Delivery; Enforceability.
          The
          Company has the corporate power and authority to execute and deliver this
          Agreement and the Transaction Documents and to consummate the transactions
          hereby and thereby contemplated. The execution and delivery by the Company
          of
          this Agreement and the Transaction Documents and the consummation by the
          Company
          of the transactions hereby and thereby contemplated have been authorized
          by all
          necessary corporate action of the Company. The Company has duly executed
          and
          delivered this Agreement and the Transaction Documents, and, assuming the
          due
          execution and delivery of this Agreement and the Transaction Documents
          by each
          party thereto (other than the Company), this Agreement and the Transaction
          Documents constitute valid and binding obligations of the Company and are
          enforceable against the Company in accordance with its and their respective
          terms, except as such enforceability may be limited by bankruptcy, insolvency,
          fraudulent conveyance, reorganization, moratorium or other similar laws
          relating
          to or affecting creditors’ rights generally or general equitable principles
          (whether considered in a proceeding at equity or in
          law).

      

    

     

    
      
        3.4
          Non-Contravention.
          Neither
          the execution and delivery of this Agreement and the Transaction Documents
          by
          the Company, nor the consummation of the transactions hereby and thereby
          contemplated by the Company, will:

      

    

     

    (i) constitute
      any violation or breach of the certificate of incorporation or the by-laws
      (or
      comparable organizational documents in the case of Subsidiaries) of the Company
      or any of its Subsidiaries;

    

    (ii) constitute
      a default under or a violation or breach of, or result in the acceleration
      of
      any obligation under, any provision of any Contract to which the Company or
      any
      of its Subsidiaries is a party or by which any of the assets of the Company
      or
      any of its Subsidiaries or the Purchase Shares may be affected;

    

    (iii) assuming
      the consents and approvals described in Section 3.7 have been received, violate
      any Governmental Rules affecting the Company or any of its Subsidiaries;
      or

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

       

    

    (iv) result
      in
      the creation of any Lien on any of the assets of the Company or any of its
      Subsidiaries; 

     

    other
      than, in the case of foregoing clauses (ii), (iii), and (iv), those defaults,
      violations, breaches, accelerations and Liens which, individually or in the
      aggregate, would not have a Company Material Adverse Effect.

     

    
      
        3.5
          Corporate
          Documents.
          The
          Company has filed as exhibits to its SEC Reports true and complete copies
          of the
          Certificate of Incorporation, as amended, and By-Laws of the Company.

      

    

     

    
      
        3.6
          Capitalization;
          Options.
          (a) The
          Company is authorized to issue 250,000,000 shares of Common Stock, par
          value
          $0.00001 per share, 38,197,596 of which are issued and outstanding as of
          the
          date hereof, (“Common Stock”) and 25,000,000 shares of Series A Preferred Stock,
          none of which are issued and outstanding as of the date hereof (prior to
          giving
          effect to the transactions contemplated by this
          Agreement).

      

    

     

    (b) All
      of
      the Purchase Shares when issued to the Buyer in accordance with the terms of
      this Agreement shall be legally and validly issued, fully paid and
      non-assessable, free and clear of all Liens. The shares of Common Stock issuable
      upon conversion of the Purchase Shares or the exercise of the Warrant (the
      “Conversion
      Shares”)
      have
      been duly and validly reserved on the books and records of the Company and,
      when
      issued upon conversion of the Purchase Shares in accordance with the terms
      of
      the Certificate of Designations and the Warrant and applicable Governmental
      Rules, shall be legally and validly issued, fully paid and nonassessable, free
      and clear of all Liens. 

     

    (c) Other
      than the Common Stock and the Series A Preferred Stock, there are no other
      series or classes of capital stock of the Company authorized or issued and
      outstanding. Except as set forth in the SEC Filings, there are no outstanding
      warrants, options, contracts, rights (preemptive or otherwise), calls,
      commitments or other instruments convertible into or exchangeable for shares
      of
      capital stock of the Company or any of the Company’s Subsidiaries, in each such
      case, to which the Company or any of Company’s Subsidiaries is a party and which
      relates to the sale or issuance of shares of capital stock of the Company or
      of
      any of Company’s Subsidiaries (collectively, the “Company
      Instruments”).
      Except as set forth in the SEC Filings or as contemplated by this Agreement
      and
      the Transaction Documents, (i) the Company has not agreed to register any shares
      of its capital stock under the Securities Act or granted registration rights
      with respect to shares of its capital stock to any Person and (ii) there are
      no
      voting trusts, stockholders agreements, proxies or other agreements or
      understandings in effect to which the Company is a party with respect to the
      voting or transfer of any shares of Common Stock. Except as disclosed in the
      SEC
      Reports or any exhibit thereto, to the extent any such Company Instruments
      are
      outstanding as of the date hereof, neither the issuance and sale of the Purchase
      Shares nor the issuance of the Conversion Shares in accordance with its terms
      will result in an adjustment of the exercise or conversion price of, or number
      of shares issuable upon the exercise or conversion of any such, Company
      Instruments.

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

       

    

    (d) The
      outstanding shares of Common Stock are all duly and validly authorized and
      issued, fully paid and nonassessable. All outstanding Common Stock, options
      and
      other securities of the Company were issued in accordance with the registration
      or qualification provisions of the Securities Act and any relevant state
      securities laws (including, without limitation, anti-fraud provisions) or,
      subject in part to the truth and accuracy of each purchaser’s representations to
      the Company at the time of the purchase thereof, pursuant to valid exemptions
      therefrom.

     

    
      
        3.7
          Consents
          and Approvals.
          Except
          for filings required under applicable securities laws and designation in
          Delaware, no consent, approval or authorization of, or declaration, filing
          or
          registration with, any Governmental Authority or any other Person is required
          on
          behalf of the Company or any of its Subsidiaries in connection with the
          execution, delivery or performance of this Agreement and the Transaction
          Documents or the consummation of the transactions contemplated hereby and
          thereby, other than such consents, approvals and authorizations of, and
          declarations, filings and registrations the failure of which to obtain,
          make or
          otherwise effect which would not, individually or in the aggregate, result
          in a
          Company Material Adverse Effect. 

      

    

     

    
      
        3.8
          SEC
          Reports and Financial Statements.

      

    

     

    (a) The
      Company has filed all forms, reports and documents required to be filed by
      it
      with the SEC since July 23, 2003 (collectively, the “SEC Reports”). The SEC
      Reports (i) were prepared in all material respects in accordance with the
      requirements of the Securities Act or the Exchange Act, as the case may be,
      and
      (ii) did not at the time they were filed contain any untrue statement of a
      material fact or omit to state a material fact required to be stated therein
      or
      necessary in order to make the statements made therein, in the light of the
      circumstances under which they were made, not misleading. None of the Company’s
      Subsidiaries is required to file any form, report or other document with the
      SEC. 

     

    (b) Each
      of
      the financial statements (including, in each case, any notes thereto) contained
      in the SEC Reports (the “Financial
      Statements”)
      (i)
      was prepared from the books of account and other financial records of the
      Company, (ii) was prepared in accordance with GAAP applied on a consistent
      basis
      throughout the periods indicated (except as may be indicated in the notes
      thereto) and (iii) presented fairly in all material respects the financial
      position of the Company as at the respective dates thereof and the results
      of
      its operations and its cash flows for the respective periods indicated therein
      except as otherwise noted therein (subject, in the case of unaudited statements,
      to the omission of footnotes and normal and recurring year-end adjustments
      which
      were not and are not expected, individually or in the aggregate, to have a
      Company Material Adverse Effect).

     

    (c) Except
      for liabilities and obligations reflected on the September 30, 2006 balance
      sheet of the Company included in the SEC Reports (including the notes thereto),
      liabilities and obligations disclosed in the SEC Reports (including exhibits
      thereto) filed prior to the date of this Agreement and other liabilities and
      obligations incurred in the ordinary course of business since September 30,
      2006, neither the Company nor any of the Company’s Subsidiaries has any
      liabilities or obligations of any nature (whether accrued, absolute, contingent
      or otherwise) of a nature required to be disclosed on a balance sheet prepared
      in accordance with GAAP which, individually or in the aggregate, would cause
      a
      Company Material Adverse Effect.

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    
      
        3.9
          Litigation
          and Claims.
          There
          is no action, suit, claim, proceeding, arbitration or investigation (each,
          an
“Action”)
          pending or, to the knowledge of the Company, threatened against or affecting
          the
          Company or any of its Subsidiaries or, to the best of the Company’s knowledge,
          against any officer, director or employee of the Company in connection
          with such
          officer’s, director’s or employee’s relationship with, or actions taken on
          behalf of, the Company or that questions the validity of this Agreement,
          or the
          right of the Company to enter into such agreements, or to consummate the
          transactions contemplated hereby or thereby. Neither the Company nor any
          of its
          Subsidiaries is subject to or in default under any judgment, order, writ,
          agreement, injunction or decree of any court or Governmental Authority.
          

      

    

     

    
      
        3.10
          Exempt
          Offering.
          Subject
          in part to the truth and accuracy of the Buyer’s representations set forth in
          Article IV of this Agreement, the offer, sale and issuance of the Purchase
          Shares and the Conversion Shares, as contemplated by and in conformity
          with this
          Agreement are exempt from the registration requirements of Section 5 of
          the
          Securities Act by virtue of Regulation D thereunder, and from the registration
          or qualification requirements of any other applicable federal or state
          securities laws, and the issuance of the Conversion Shares in accordance
          with
          the Company’s Certificate of Incorporation and the Certificate of Designations
          will be exempt from such registration and qualification requirements, and
          neither the Company nor any authorized agent acting on its behalf will
          take any
          action hereafter that would cause the loss of such
          exemption.

      

    

     

    
      
        3.11
          Agreements;
          Action.
          Other
          than as attached as an exhibit to the Company’s Annual Report on Form 10-KSB for
          year ended December 31, 2005 (as amended), or any subsequent report on
          Form
          10-QSB or 8-K filed with the SEC, the Company is not a party to, and none
          of its
          properties, rights or assets are bound by, any material contract, agreement,
          lease, power of attorney, guaranty, surety arrangement, or other commitment,
          whether written or oral.

      

    

     

    
      
        3.12
          Disclosure.
          None of
          this Agreement or any other statements or certificates made or delivered
          in
          connection herewith or therewith contains or will contain any untrue
          statement of a material fact or omits or will omit to state a material
          fact
          required to be stated therein or necessary to make the statements herein
          or
          therein, in light of the circumstances in which they are made, not
          misleading. 

      

    

     

    ARTICLE
      IV 

     

    REPRESENTATIONS
      AND WARRANTIES OF THE BUYER

     

    The
      Buyer
      represents and warrants to the Company as of the date hereof and the Closing
      Date as follows:

     

    
      
        4.1
          Organization
          and Good Standing.
          The
          Buyer is duly organized, validly existing and in good standing under the
          laws of
          its jurisdiction of formation.

      

    

     

    
      
        4.2
          Corporate
          Authority; Execution and Delivery; Enforceability.
          The
          Buyer has the requisite power and authority to execute and deliver this
          Agreement and the Transaction Documents to which it is a party and to consummate
          the transactions hereby and thereby contemplated. The execution and delivery
          by
          the Buyer of this Agreement and the Transaction Documents to which it is
          a party
          and the consummation by the Buyer of the transactions hereby and thereby
          contemplated have been authorized by all necessary action (corporate or
          otherwise). The Buyer has duly executed and delivered this Agreement and
          the
          Transaction Documents to which it is a party, and, assuming the due execution
          and delivery of this Agreement and the Transaction Documents by each party
          thereto (other than the Buyer), this Agreement and the Transaction Documents
          to
          which it is a party constitute valid and binding obligations of the Buyer
          and
          are enforceable against the Buyer in accordance with its and their respective
          terms, except as such enforceability may be limited by bankruptcy, insolvency,
          fraudulent conveyance, reorganization, moratorium or other similar laws
          relating
          to or affecting creditors’ rights generally or general equitable principles
          (whether considered in a proceeding at equity or in law).

         

        
          
             

          

          
            8

            
              

            

          

          
             

          

        

      

    

     

    
      
        4.3
          Non-Contravention.
          Neither
          the execution and delivery of this Agreement or the Transaction Documents
          to
          which it is a party by the Buyer, nor the consummation of the transactions
          hereby or thereby contemplated by the Buyer, will:

      

    

     

    (i) constitute
      any violation or breach of the organizational documents of the Buyer; or

     

    (ii) violate
      any Government Rule affecting the Buyer, other than any such violations which,
      individually or in the aggregate, would not prevent the Buyer from consummating
      the transactions contemplated by this Agreement and the Transaction
      Documents.

     

    
      
        4.4
          Consents
          and Approvals.
          No
          consent, approval or authorization of, or declaration, filing or registration
          with, any Governmental Authority or third party is required on behalf of
          the
          Buyer in connection with the execution, delivery or performance of this
          Agreement or the Transaction Documents to which it is a party and all documents
          contemplated hereby or thereby or the transactions contemplated hereby
          and
          thereby, other than such consents, approvals and authorizations of, and
          declarations, filings and registrations with, third parties the failure
          of which
          to obtain, make or otherwise effect which would not, individually or in
          the
          aggregate, prevent the Buyer from consummating the transactions contemplated
          by
          this Agreement and the Transaction Documents.

      

    

     

    
      
        4.5
          Litigation
          and Claims.
          There
          is no action, suit, claim, proceeding, arbitration or investigation pending
          or,
          to the knowledge of the Buyer, threatened against or affecting the Buyer
          with
          respect to the propriety or validity of the transactions contemplated
          hereby.

      

    

     

    
      
        4.6
          No
          Finder.
          Neither
          the Buyer nor any party acting on the Buyer’s behalf has paid or become
          obligated to pay any fee or commission to any broker, finder or intermediary
          for
          or on account of the transactions contemplated hereby.

      

    

     

    
      
        4.7
          Investment
          Representations.
          The
          Buyer hereby acknowledges and agrees that the Purchase Shares, and, if
          and when
          issued, the Conversion Shares, will not be registered under the Securities
          Act
          or any state securities laws and may not be offered or sold except pursuant
          to
          registration or an exemption from the registration requirements of the
          Securities Act and all applicable state securities laws. In this connection,
          the
          Buyer understands Rule 144 promulgated under the Securities Act, as presently
          in
          effect, and understands the resale limitations imposed thereby and by the
          Securities Act.

         

        
          
             

          

          
            9

            
              

            

          

          
             

          

        

      

    

     

    
      
        4.8
          Accredited
          Investor.
          The
          Buyer represents that: (i) the Buyer is an “accredited investor” (as such term
          is defined in Regulation D under the Securities Act) and is acquiring the
          Purchase Shares for its own account, for investment purposes only, and
          not with
          a view to the resale or offer for sale thereof or with any present intention
          of
          distributing or selling or offering for sale any of such securities; and
          (ii)
          the Buyer is capable of bearing the economic risk of such investment, including
          a complete loss of the investment in the Purchase Shares.

      

    

     

    
      
        4.9
          Access
          to
          Information.
          Such
          Purchaser or his representative during the course of this transaction,
          and prior
          to the purchase of any Series APreferred Stock, has had the opportunity
          to ask
          questions of and receive answers from management of the Company concerning
          the
          terms and conditions of the offering of the Series A Preferred Stock and
          the
          additional information, documents, records and books relative to its business,
          assets, financial condition, results of operations and liabilities (contingent
          or otherwise) of the Company.

      

    

     

    ARTICLE
      V

     

    COVENANTS

     

    
      
        5.1
          Restrictive
          Legends.
          None of
          the Purchase Shares or the Conversion Shares may be transferred without
          registration under the Securities Act and applicable state securities laws
          unless counsel to the Buyer shall advise the Company in writing that such
          transfer may be effected without such registration. Each certificate
          representing any of the foregoing shall bear legends in substantially the
          following form:

      

    

     

    THE
      SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933 (THE “ACT”)
      AND
      MAY NOT BE OFFERED, SOLD OR TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED
      EXCEPT (I) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT WITH RESPECT TO
      SUCH
      SECURITIES UNDER THE ACT, OR (II) UPON RECEIPT BY ISSUER OF AN OPINION OF LEGAL
      COUNSEL REASONABLY SATISFACTORY TO ISSUER THAT SUCH REGISTRATION IS NOT
      REQUIRED.

     

    The
      Company shall remove or cause its registrar and transfer agent to remove such
      legend at the time such Purchase Shares or Conversion Shares are transferred
      pursuant to an effective registration statement under the Securities Act or
      pursuant to Rule 144 under the Securities Act.

     

    
      
        5.2
          Change
          in
          Condition.
          Prior
          to the Closing, the Company shall promptly advise the Buyer in writing
          of any
          material change in the condition (financial or otherwise), operations or
          properties or businesses of the Company. 

      

    

     

    ARTICLE
      VI 

     

    CONDITIONS
      PRECEDENT TO OBLIGATIONS OF THE PARTIES

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

       

    

    The
      obligation of the parties to consummate the transactions contemplated under
      this
      Agreement are subject to the fulfillment of each of the following conditions,
      any or all of which may be waived in whole or in part by the party whose
      obligation is subject to such conditions, in their sole discretion.

     

    
      
        6.1
          Conditions
          to obligations of the Buyer.

      

    

     

    (a) There
      shall not be in effect any injunction or restraining order issued by a court
      of
      competent jurisdiction in an Action against the consummation of the transactions
      contemplated hereby or by any Transaction Document. 

     

    (b) The
      Company shall have filed the Certificate of Designations with the Secretary
      of
      State of the State of Delaware.

     

    (c) The
      representations and warranties of the Company contained in Article III that
      are
      qualified as to materiality shall be true and correct and those not so qualified
      shall be true and correct in all material respects on and as of the Closing
      with
      the same effect as though such representations and warranties had been made
      on
      and as of the date of such Closing.

     

    (d) The
      Company shall have performed and complied in all material respects with all
      agreements, obligations and conditions contained in this Agreement that are
      required to be performed or complied with by it on or before the
      Closing.

     

    (e) All
      authorizations, approvals or permits, if any, of any governmental authority
      or
      regulatory body of the United States or of any state that are required in
      connection with the lawful issuance and sale of the Securities pursuant to
      this
      Agreement shall be duly obtained and effective as of the Closing.

     

    
      
        6.2
          Conditions
          to obligations of the Company.

      

    

     

    (a) There
      shall not be in effect any injunction or restraining order issued by a court
      of
      competent jurisdiction in an Action against the consummation of the transactions
      contemplated hereby or by any Transaction Document. 

     

    ARTICLE
      VII 

     

    REGISTRATION
      RIGHTS

     

    If
      at any
      time the Company shall determine to register for its own account or the account
      of others under the Securities Act (including pursuant a demand for registration
      of any stockholder of the Company) any of its equity securities, other than
      on
      Form S-4 or Form S-8 or their then equivalents relating to
      shares
      of Common Stock to be issued solely in connection with any acquisition of any
      entity or business or shares of Common Stock issuable in connection with stock
      option or other employee benefit plans, it shall send to the Buyer written
      notice of such determination and, if within fifteen (15) days after receipt
      of
      such notice, the Buyer shall so request in writing to the Company, the Company
      shall use its best efforts to include in such registration statement all or
      any
      part of the Conversion Shares requested to be registered.

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

       

    

    ARTICLE
      VIII 

     

    MISCELLANEOUS

     

    
      
        8.1
          Survival;
          Certain Other Matters. 

      

    

     

    (a) The
      representations and warranties of the parties contained in this Agreement shall
      survive the Closing and shall continue in full force and effect until the second
      anniversary of the date hereof, after which time such representations and
      warranties shall terminate and have no further force or effect; provided,
      however,
      that
      the representations and warranties contained in Sections 3.6, 4.6, 4.7, 4.8
      and
      4.9 hereof shall survive the Closing and remain in full force and effect until
      the expiration of the applicable statute of limitations, after which time such
      representations and warranties shall terminate and have no further force or
      effect. The period during which any such representation or warranty survives
      is
      the “Survival
      Period”
for
      such representation or warranty. Notwithstanding the foregoing, any
      representation or warranty that would otherwise terminate shall survive with
      respect to, and only with respect to, any matter of which notice is given to
      Company or the Buyer, as the case may be, in writing pursuant to this Agreement
      prior to the end of the applicable Survival Period until such matter is
      resolved, after which time such representation and warranty shall terminate
      and
      have no further force or effect. The representations, warranties and covenants
      of the Company contained in or made pursuant to this Agreement shall in no
      way
      be affected by any investigation of the subject matter thereof made by or on
      behalf of the Buyer or the Company.

     

    (b) The
      covenants and agreements of the parties contained in this Agreement shall
      survive the Closing as to the Buyer until the Buyer no longer owns any Purchase
      Shares or Conversion Shares.

     

    (c) Each
      party hereto may assert a claim or cause of action under this Agreement with
      respect to (i) any breach of one or more of the representations and warranties
      contained in Articles III and IV hereof, as the case may be, provided that
      such
      claim or cause of action is asserted within the applicable time period specified
      in Section 8.1(a) hereof and (ii) subject to Section 8.1(b) hereof, a breach
      of
      any one or more of the covenants or agreements contained in this Agreement.
      Except as provided for in the immediately preceding sentence, the parties to
      this Agreement agree that no claims or causes of action on any basis (including
      in contract or tort, under federal or state securities laws or otherwise),
      other
      than for fraud, may be brought against the Company or the Buyer or any of their
      respective directors, officers, employees, Affiliates, shareholders, successors,
      permitted assigns, agents, or representatives based upon, directly or
      indirectly, any of the representations or warranties contained in Articles
      III
      and IV of this Agreement or any misstatement or failure to state any fact made
      by Company in connection with the Buyer’s purchase of the Purchase Shares or the
      Conversion Shares. 

     

    
      
        8.2
          Further
          Assurances.
          From
          and after the Closing Date, each party shall, at any time and from time
          to time,
          make, execute and deliver, or cause to be made, executed and delivered,
          such
          instruments and agreements, and take or cause to be taken all such actions
          as
          counsel for the other party may reasonably request for the effectual
          consummation of this Agreement and the transactions hereby
          contemplated.

         

        
          
             

          

          
            12

            
              

            

          

          
             

          

        

      

    

     

    
      
        8.3
          Expenses
          of the Transaction.
          The
          Company and the Buyer shall each pay its own fees and expenses in connection
          with this Agreement and the transactions hereby
          contemplated.

      

    

     

    
      
        8.4
          Notices.
          All
          notices or other communications required or permitted hereunder shall be
          in
          writing and shall be deemed given or delivered (i) when delivered personally
          or
          by private courier, (ii) when actually delivered by registered or certified
          United States mail, return receipt requested, or (iii) when sent by telecopy
          (provided that it is confirmed by a means specified in clause (i) or (ii)),
          addressed as follows:

      

    

     

    If
      to the
      Buyer:

     

    Lewis
      Opportunity Fund, LP

    45
      Rockefeller Plaza, Suite 2570

    New
      York,
      NY 10111

    Attention:
      Austin Lewis   

    Telecopy:_______________     

    Telephone:
      (212) 332-4450 

    

    With
      a
      copy to:

    

    Name:_______________     

    Address:_______________    

    Attention:_______________        

    Telecopy:_______________     

    Telephone:_______________      

    

    If
      to the
      Company to:

    

    SearchHelp,
      Inc. 

    6800
      Jericho Turnpike, Suite 208E

    Syosett,
      New York 11791

    Attention:
      CFO

    Telecopy:
      (516) 624-0638

    Telephone:
      (516) 922-4765

    

    With
      a
      copy to:

    

    Katten
      Muchin Rosenman LLP

    575
      Madison Avenue

    New
      York,
      New York 10022

    Attention:
      Paul J. Pollock, Esq.

    Telecopy:
      (212) 940-8776

    Telephone:
      (212) 940-8555

     

    
      
         

      

      
        13

        
          

        

      

      
         

      

    

    

    or
      to
      such other address as such party may indicate by a notice delivered to the
      other
      parties hereto.

     

    
      
        8.5
          No
          Modification Except in Writing.
          This
          Agreement shall not be changed, modified, or amended except by a writing
          signed
          by the party to be affected by such change, modification or amendment,
          and this
          Agreement may not be discharged except by performance in accordance with
          its
          terms or by a writing signed by the party to which performance is to be
          rendered.

      

    

     

    
      
        8.6
          Entire
          Agreement.
          This
          Agreement, together with any Schedules and Exhibits hereto, sets forth
          the
          entire agreement and understanding among the parties as to the subject
          matter
          hereof and merges and supersedes all prior discussions, agreements and
          understandings of every kind and nature among them.

      

    

     

    
      
        8.7
          Severability.
          If any
          provision of this Agreement or the application of any provision hereof
          to any
          person or circumstances is held invalid, the remainder of this Agreement
          and the
          application of such provision to other persons or circumstances shall not
          be
          affected unless the provision held invalid shall substantially impair the
          benefits of the remaining portions of this Agreement.

      

    

     

    
      
        8.8
          Assignment.
          This
          Agreement shall be binding upon and inure to the benefit of the parties
          hereto
          and their respective heirs, executors, administrators, successors and permitted
          assigns. This Agreement may not be assigned by the Company or the Buyer
          without
          the prior written consent of the other party; provided,
          however,
          that,
          prior to Closing, the Buyer may assign its rights under this Agreement
          to any
          Affiliate of the Buyer that agrees in favor of the Company in writing to
          the
          assumption of the assigning the Buyer’s obligations under this Agreement. No
          such assignment and assumption shall relieve the Buyer of its obligations
          under
          this Agreement. 

      

    

     

    
      
        8.9
          Governing
          Law; Jurisdiction.

      

    

     

    (a) This
      Agreement shall be governed by, and construed in accordance with, the laws
      of
      the State of New York applicable to contracts made and to be performed wholly
      within said State, without giving effect to the conflict of laws principles
      thereof.

     

    (b) Each
      of
      the parties hereto irrevocably and unconditionally submits to the exclusive
      jurisdiction of the United States District Court for the Southern District
      of
      New York or, if such court will not accept jurisdiction, the Supreme Court
      of
      the State of New York, New York County or any court of competent civil
      jurisdiction sitting in New York County, New York. In any action, suit or other
      proceeding, each of the parties hereto irrevocably and unconditionally waives
      and agrees not to assert by way of motion, as a defense or otherwise any claims
      that it is not subject to the jurisdiction of the above courts, that such action
      or suit is brought in an inconvenient forum or that the venue of such action,
      suit or other proceeding is improper. Each of the parties hereto also agrees
      that any final and unappealable judgment against a party hereto in connection
      with any action, suit or other proceeding shall be conclusive and binding on
      such party and that such award or judgment may be enforced in any court of
      competent jurisdiction, either within or outside of the United States. A
      certified or exemplified copy of such award or judgment shall be conclusive
      evidence of the fact and amount of such award or judgment. 

     

    
      
         

      

      
        14

        
          

        

      

      
         

      

       

    

    (c) EACH
      OF
      THE PARTIES HERETO IRREVOCABLY WAIVES THE RIGHT TO A JURY TRIAL IN CONNECTION
      WITH ANY LEGAL PROCEEDING RELATING TO THIS AGREEMENT OR THE ENFORCEMENT OF
      ANY
      PROVISION OF THIS AGREEMENT.

     

    
      
        8.10
          Captions.
          The
          captions appearing in this Agreement are inserted only as a matter of
          convenience and for reference and in no way define, limit or describe the
          scope
          and intent of this Agreement or any of the provisions
          hereof.

      

    

     

    
      
        8.11
          Counterparts.
          This
          Agreement may be executed in one or more counterparts, each of which shall
          be
          deemed an original and all of which taken together shall constitute a single
          agreement.

      

    

     

    
      
        8.12
          Delays
          or
          Omissions.
          No
          delay or omission to exercise any right, power or remedy accruing to the
          Company
          or to the Buyer, upon any breach or default of any party hereto under this
          Agreement, shall impair any such right, power or remedy of the Company
          or any
          Buyer nor shall it be construed to be a waiver of any such breach or default,
          or
          an acquiescence therein, or of any similar breach of default thereafter
          occurring; nor shall any waiver of any other breach or default theretofore
          or
          thereafter occurring. Any waiver, permit, consent or approval of any kind
          or
          character on the part of the Company or the Buyer of any breach of default
          under
          this Agreement, or any waiver on the part of the Company or any Buyer of
          any
          provisions or conditions of this Agreement, must be in writing and shall
          be
          effective only to the extent specifically set forth in such writing. All
          remedies, either under this Agreement, or by law or otherwise afforded
          to the
          Company or the Buyer, shall be cumulative and not
          alternative.

      

    

    

    [Signature
      page follows]

     

    
      
         

      

      
        15

        
          

        

      

      
         

      

    

    IN
      WITNESS WHEREOF,
      each of
      the parties hereto has executed this Series A Preferred Stock Purchase Agreement
      on the day and year first above written.

     

    
      	 	 	 
	 	SEARCHHELP,
              INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
              
William
              J. Bozsnyak
	 	Chief
              Executive Officer

    

     

    
      	 	 	 
	 	LEWIS
              OPPORTUNITY
              FUND, LP
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Austin
              Lewis

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    SEARCHHELP,
      INC.

    PAYMENT
      INFORMATION

     ̈PAYMENT
      BY WIRE ̈

     

    Your
      bank should wire transfer only U.S. dollars via Fed wire
      to:

     

    HSBC
      BANK USA

    SearchHelp,
      Inc., IPO Account

    ABA
      # - 021001088

    Account
      # 945705107

    
      	 	
              (i)

            	
               

            

    

     

     

    
      	
              IMPORTANT:

              1)          
                Please
                have your bank identify on the wire transfer the name of the intended
                investor. 

              2)          
                We
                recommend that your bank charge its wiring fees separately so that
                an even
                amount may be invested.THIS
      NOTE
      HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES
      LAWS AND MAY NOT BE OFFERED OR SOLD, UNLESS IT HAS BEEN REGISTERED UNDER SUCH
      ACT OR APPLICABLE STATE SECURITIES LAWS OR UNLESS AN EXEMPTION FROM REGISTRATION
      IS AVAILABLE.

     

    PROMISSORY
      NOTE

    

    
      	
              $50,000.00

            	
              Los
                Angeles, CA

            
	
               

            	
              February
                23, 2007

            

    

     

    FOR
      VALUE
      RECEIVED, Rokwader, Inc., a Delaware corporation (the "Company"), promises
      to
      pay to the order of Yale Farar, an individual (the "Holder"), the principal
      amount of $50,000.00, payable upon the consummation of a business
      combination between the Company and an entity to be identified ("Due Date"),
      in
      relation to the Company's registration and offering of shares of common stock
      pursuant to Rule 419 promulgated under the Securities Act of 1933. The principal
      amount shall not bear any interest.

    

    The
      following is a statement of the rights of Holder and the conditions to which
      this Note is subject, and to which Holder, by the acceptance of this Note,
      agrees:

    

    1.
         Agreement
      to Advance Funds. 
      This Note is being issued pursuant to the terms of the Agreement to Advance
      Funds entered into by and between the Company and the Holder and dated September
      21, 2005 (the "Agreement"), the Amended Agreement to Advance Funds entered
      into
      by and between the Company and the Holder and dated May 10, 2006 (the “Amended
      Agreement”), and the Second Amended Agreement to Advance Funds entered into by
      and between the Company and the Holder and dated December 4, 2006 ( the “Second
      Amended Agreement”).

    

    2.
         Payments. 
      All payments of principal in respect of this Note shall be made in lawful money
      of the United States of America in same day funds at the principal office of
      the
      Holder, or at such other place as Holder may designate in writing. Each payment
      made hereunder shall be credited to outstanding principal due.

    

    3.
         Prepayment
      Privilege. 
      This Note may be prepaid at any time, without premium or penalty.

     

    4.
         Events
      of Default. 
      All liabilities of the Company under this Note shall be immediately due and
      payable, without notice or demand, upon or at any time after the occurrence
      or
      existence of any one or more of the following "Events of Default":

    

    (a)
        A proceeding shall have been instituted in a court having jurisdiction
      over the Company seeking a decree or order for relief in respect of Company
      in
      an involuntary case under any applicable bankruptcy, insolvency, reorganization
      or other similar law and such involuntary case shall remain undismissed or
      unstayed and in effect for a period of sixty (60) consecutive days, or Company
      shall commence a voluntary case under any such law or consent to the appointment
      of a receiver, liquidator, assignee, custodian, trustee, sequestrator,
      conservator (or other similar official).

     

    (b)
      The
      Company shall have filed a notice of withdrawal of the Company's registration
      statement on Form SB-2 with the Securities and Exchange Commission (the "SEC");
      or

     

    (c)
      The
      Company shall have failed to complete the contemplated offering within 6 months
      from date of the prospectus contained in registration statement on Form SB-2
      as
      declared effective by the SEC.

    

    (d)
      The
      Company shall have failed to complete a business combination prior to May 2,
      2007.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    5.
      Successors
      and Assigns. 
      The rights and obligations of the Company and Holder of this Note shall be
      binding upon and benefit the successors, assigns, heirs, administrators and
      transferees of the parties. The Company may not assign its obligations hereunder
      without the consent of the Holder; the Holder may assign its rights, interests
      or obligations hereunder, in whole or in part.

         

    6.
      Waiver
      and Amendment. 
      Any provision of this Note may be amended, waived or modified upon the written
      consent of the Company and Holder.

         

    7.
      Notices. 
      Any notice, request or other communication required or permitted hereunder
      shall
      be in writing and shall be deemed to have been duly given if personally
      delivered or mailed by registered or certified mail, postage prepaid, or by
      recognized overnight courier or personal delivery at the respective addresses
      of
      the parties as set forth on the register maintained by the Company. Any party
      hereto may by notice so given change its address for future notice hereunder.
      Notice shall conclusively be deemed to have been given when
      received.

         

    8.
      Expenses;
      Waivers. 
      If action is instituted to collect this Note, the Company promises to pay all
      costs and expenses, including, without limitation, reasonable attorneys' fees,
      and costs, incurred in connection with such action. The Company hereby waives
      notice of default, presentment or demand for payment, protest or notice of
      nonpayment or dishonor and all other notices or demands relative to this
      instrument.

         

    9.
      Governing
      Law. 
      This Note and all actions arising out of or in connection with this Note shall
      be governed by and construed in accordance with the laws of the State of
      California, without regard to the conflicts of law provisions of the State
      of
      California, or of any other state.

         

    10.
      Waiver
      of Jury Trial. 
      To the fullest extent permitted by applicable law, the Company and the Holder
      hereby irrevocably and expressly waive all right to a trial by jury in any
      action, proceeding, counterclaim (whether based upon contract, tort or
      otherwise) arising out of or relating to this Note, or other documents entered
      in connection herewith or the transactions contemplated hereby.

     

    11.
      Headings. 
      The headings of the sections and subsections of this Note are inserted for
      convenience only and do not constitute a part of this Note.

         

    12.
      Severability. 
      In case any one or more of the provisions contained in this Note shall be deemed
      invalid, illegal, or unenforceable in any respect, the validity, legality and
      enforceability of the remaining provisions contained herein shall not in any
      way
      be affected or impaired thereby.

         

    13.
      Miscellaneous. 
      In the event the Holder at any time discovers that this Note contains an error
      which was caused by clerical mistake, calculation error, computer error, printer
      error, or similar error, the Company agrees, upon notice from the Holder to
      execute any amendment or modification hereto that is necessary to correct any
      such errors, and the Company also agrees not to hold the Holder responsible
      for
      any damage resulting from such error. If this Note is lost, stolen, mutilated
      or
      destroyed, and the Holder delivers to the Company an indemnification in the
      Company's favor, signed by the Holder, the Company will sign and deliver to
      Holder, a note identical in form and content which will have the effect of
      the
      original Note for all purposes.

     

    

    IN
      WITNESS WHEREOF, the undersigned has caused this Note to be duly executed and
      delivered as of the day and year first above written.

     

    ROKWADER,
      INC.

     

     

    
      
        

      

    

    
      	Name:	
              Mitchell
                Turk

            

    

    
      	Title:	
              Secretary

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