Document:

ACTIGA
      CORPORATION

    

    SUBSCRIPTION
      AGREEMENT

    

    The
      undersigned (hereinafter “Subscriber”)
      hereby
      confirms his/her/its subscription for the purchase of a 12% unsecured note
      with
      an option to convert (the “Note”)
      of
      Actiga Corporation, a Nevada corporation (“Actiga”
or
      the
“Company”).
      The
      Note in the amount of $_____is convertible into shares of common stock of
      Actiga, par value $0.001 per share (“Common
      Stock”). 
      The
      Notes and the Common Stock underlying the Notes (the “Underlying
      Shares”)
      are
      sometimes referred to as the “Securities”.

    

    The
      Company and Subscriber are executing and delivering this Agreement in reliance
      upon the exemption from securities registration afforded by Rule 506 of
      Regulation D (“Regulation
      D”)
      as
      promulgated by the Securities and Exchange Commission (the “SEC”)
      under
      the Securities Act of 1933, as amended (the "Act")
      and
      Section 4(2) of the Act.

    

    In
      connection with this subscription, Subscriber and the Company agree as
      follows:

    

    1. Purchase
      and Sale of the Securities.
      

    

    (a) The
      Company hereby agrees to issue and to sell to Subscriber, and Subscriber hereby
      agrees to purchase from the Company, a Note for the aggregate subscription
      amount set forth on the signature page hereto. Upon acceptance of this
      Subscription Agreement by the Company, the Company shall issue and deliver
      to
      Subscriber the Note subscribed for against payment in U.S. Dollars of the
      Purchase Price (as defined below). 

    

    (b) Subscriber
      has hereby delivered and paid concurrently herewith the purchase price (the
      “Purchase
      Price”)
      set
      forth on the signature page hereof required to purchase the Note subscribed
      for
      hereunder which amount has been paid in U.S. Dollars by wire transfer or a
      certified check.

    

    (c) At
      the
      closing of this transaction (the “Closing”),
      (1)
      the Company shall deliver to or as directed by Subscriber: (i) a Note to be
      issued to Subscriber and (ii) all other instruments and writings required to
      have been delivered at or prior to the Closing by the Company pursuant to this
      Agreement (collectively the “Related
      Agreements”);
      and
      (2) the Subscriber shall deliver or cause to be delivered to the Company: (i)
      by
      certified check or wire transfer of immediately available funds in accordance
      with the Company's written wire instructions, the Purchase Price, and (ii)
      all
      documents, instruments and writings required to have been delivered at or prior
      to the Closing by Subscriber pursuant to this Agreement.

     

    (d) Subscriber
      understands and acknowledges that this subscription is part of a proposed
      placement by the Company of up to $1,000,000 of Notes (the “Placement”),
      which
      offering is being made on a “best efforts” basis with no minimum amount.

    

    2. Representations
      and Warranties of Subscriber.
      Subscriber represents and warrants to the Company as follows: 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (a) At
      the
      time Subscriber was offered the Securities, Subscriber was, and on the date
      Subscriber receives the Securities will be, an “accredited investor” as defined
      by Rule 501 under the Act, and Subscriber is capable of evaluating the merits
      and risks of Subscriber’s investment in the Company and has the capacity to
      protect Subscriber’s own interests.

    

    (b) Subscriber
      understands that the Securities are not presently registered, but Subscriber
      is
      entitled to certain rights with respect to the registration of certain of the
      Underlying Shares (set forth on the Note). 

     

    (c) The
      Securities are being purchased by Subscriber for investment purposes for the
      Subscriber’s own account, and not with a view to distribution or resale, nor
      with the intention of selling, transferring, granting any participation in
      or
      otherwise disposing of all or any part thereof for any particular price, or
      at
      any particular time, or upon the happening of any particular event or
      circumstances; and that an investment in the Securities is not a liquid
      investment.

    

    (d) Subscriber
      acknowledges and understands that the Securities must be held indefinitely
      unless subsequently registered under the Act or unless an exemption from such
      registration is available. Subscriber is aware of the provisions of Rule 144
      promulgated under the Act which permit limited resale of common stock purchased
      in a private placement subject to the satisfaction of certain
      conditions.

    

    (e) Subscriber
      acknowledges that Subscriber has had the opportunity to ask questions of, and
      receive answers from the Company or any person acting on its behalf concerning
      the Company and its business and to obtain any additional information, to the
      extent possessed by the Company (or to the extent it could have been acquired
      by
      the Company without unreasonable effort or expense) necessary to verify the
      accuracy of the information received by Subscriber. In connection therewith,
      Subscriber acknowledges that Subscriber has had the opportunity to discuss
      the
      Company’s business, management and financial affairs with the Company’s
      management or any person acting on its behalf. Without limiting the generality
      of the foregoing, Subscriber has been furnished with or has had the opportunity
      to acquire, and to review all information, both written and oral, that it
      desires with respect to each of the Company’s business, management, financial
      affairs and prospects. In determining whether to make this investment,
      Subscriber has relied solely on Subscriber’s own knowledge and understanding of
      the Company and its business based upon Subscriber’s own due diligence
      investigations and the information furnished pursuant to this paragraph.
      Subscriber understands that no person has been authorized to give any
      information or to make any representations which were not furnished pursuant
      to
      this paragraph and Subscriber has not relied on any other representations or
      information.

    

    (f) Subscriber
      has all requisite legal and other power and authority to execute and deliver
      this Subscription Agreement and to carry out and perform Subscriber’s
      obligations under the terms of this Subscription Agreement. This Subscription
      Agreement constitutes a valid and legally binding obligation of Subscriber,
      enforceable in accordance with its terms, and subject to laws of general
      application relating to bankruptcy, insolvency and the relief of debtors and
      rules of law governing specific performance, injunctive relief or other general
      principals of equity, whether such enforcement is considered in a proceeding
      in
      equity or law.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    (g) Subscriber
      has carefully read this Subscription Agreement, the Risks Factors contained
      in
      the Term Sheet, the Company’s Quarterly Reports, Annual Report and any other
      Report filed with the SEC pursuant to the Securities Exchange Act of 1934 and
      Subscriber has accurately completed the Purchaser Questionnaire.

    

    (h) Subscriber
      has carefully considered and has discussed with the Subscriber’s professional
      legal, tax, accounting and financial advisors, to the extent the Subscriber
      has
      deemed necessary, the suitability of this investment and the transactions
      contemplated by this Subscription Agreement for the Subscriber’s particular
      federal, state, local and foreign tax and financial situation and has determined
      that this investment and the transactions contemplated by this Subscription
      Agreement are a suitable investment for the Subscriber. Subscriber relies solely
      on such advisors and not on any statements or representations of the Company
      or
      any of its agents. Subscriber understands that Subscriber (and not the Company)
      shall be responsible for Subscriber’s own tax liability that may arise as a
      result of this investment or the transactions contemplated by this Subscription
      Agreement. Subscriber understands the risk with respect to the Securities set
      forth in the “Risk Factors” section of the Term Sheet.

    

    (i) This
      Subscription Agreement and the Confidential Purchaser Questionnaire that
      accompanies this Subscription Agreement (the “Purchaser Questionnaire”) do not
      contain any untrue statements of material facts or omit any material facts
      concerning Subscriber.

    

    (j) There
      are
      no actions, suits, proceedings or investigations pending against Subscriber
      or
      Subscriber’s properties before any court or governmental agency (nor, to
      Subscriber’s knowledge, is there any threat thereof) which would impair in any
      way Subscriber’s ability to enter into and fully perform Subscriber’s
      commitments and obligations under this Subscription Agreement or the
      transactions contemplated hereby.

    

    (k) The
      execution, delivery and performance of and compliance with this Subscription
      Agreement, and the issuance of the Notes will not result in any material
      violation of, or conflict with, or constitute a material default under, any
      of
      Subscriber’s articles of incorporation or bylaws, if applicable, or any of
      Subscriber’s material agreements nor result in the creation of any mortgage,
      pledge, lien, encumbrance or charge against any of the assets or properties
      of
      Subscriber or the Notes.

    

    (l) Subscriber
      acknowledges that the Notes are speculative and involve a high degree of risk
      and that Subscriber can bear the economic risk of the purchase of the Notes,
      including a total loss of his/her/its investment.

    

    (m) Subscriber
      acknowledges that he/she/it has carefully reviewed and considered the risk
      factors discussed in the Risk Factors section of the Term Sheet.

     

    (n) Subscriber
      recognizes that no federal, state or foreign agency has recommended or endorsed
      the purchase of the Notes.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    (o) Subscriber
      is aware that the Securities are and will be, when issued, “restricted
      securities” as that term is defined in Rule 144 of the general rules and
      regulations under the Act.

    

    (p) Subscriber
      understands that any and all certificates representing the Notes and any and
      all
      securities issued in replacement thereof, in connection with the conversion
      or
      exercise thereof or in exchange therefor shall bear the following legend or
      one
      substantially similar thereto, which Subscriber has read and
      understands:

    

    “THE
      SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
      ACT
      OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS AND NEITHER THE SECURITIES
      NOR
      ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE
      DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH
      ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH
      LAWS
      WHICH, IN THE OPINION OF COUNSEL FOR THIS CORPORATION, IS
      AVAILABLE.”

    

    (q) In
      addition, the certificates representing the Notes, and any and all securities
      issued in replacement thereof or in exchange therefor, shall bear such legend
      as
      may be required by the securities laws of the jurisdiction in which Subscriber
      resides.

    

    (r) Because
      of the restrictions imposed on resale, Subscriber understands that the Company
      shall have the right to note stop-transfer instructions in its stock transfer
      records, and Subscriber has been informed of the Company’s intention to do so.
      Any sales, transfers, or any other dispositions of the Securities by Subscriber,
      if any, will be in compliance with the Act.

    

    (s) Subscriber
      acknowledges that Subscriber has such knowledge and experience in financial
      and
      business matters that he/she/it is capable of evaluating the merits and risks
      of
      an investment in the Notes and of making an informed investment
      decision.

    

    (t) Subscriber
      represents that: (i) Subscriber is able to bear the economic risks of an
      investment in the Notes and to afford the complete loss of the investment;
      and
      (ii) (A) Subscriber could be reasonably assumed to have the capacity to protect
      his/her/its own interests in connection with this subscription; or (B)
      Subscriber has a pre-existing personal or business relationship with either
      the
      Company or any affiliate thereof of such duration and nature as would enable
      a
      reasonably prudent purchaser to be aware of the character, business acumen
      and
      general business and financial circumstances of the Company or such affiliate
      and is otherwise personally qualified to evaluate and assess the risks, nature
      and other aspects of this subscription.

    

    (u) Subscriber
      further represents that the address set forth below is his/her principal
      residence (or, if Subscriber is a company, partnership or other entity, the
      address of its principal place of business); that Subscriber is purchasing
      the
      Notes for Subscriber’s own account and not, in whole or in part, for the account
      of any other person; Subscriber is purchasing the Notes for investment and
      not
      with a view to resale or distribution; and that Subscriber has not formed any
      entity for the purpose of purchasing the Notes.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    (v) Subscriber
      understands that the Company shall have the unconditional right to accept or
      reject this subscription, in whole or in part, for any reason or without a
      specific reason, in the sole and absolute discretion of the Company (even after
      receipt and clearance of Subscriber’s funds). This Subscription Agreement is not
      binding upon the Company until accepted by an authorized officer of the Company.
      In the event that the subscription is rejected, then Subscriber’s subscription
      funds will be returned without interest thereon or deduction
      therefrom.

    

    (w) Subscriber
      represents that Subscriber is not subscribing for Notes as a result of or
      subsequent to any advertisement, article, notice or other communication
      published in any newspaper, magazine or similar media or broadcast over the
      Internet, television or radio or presented at any seminar or
      meeting.

    

    (x) Subscriber
      has not been furnished with any oral representation or oral information in
      connection with the offering of the Securities that is not contained in the
      Term
      Sheet, Note and this Subscription Agreement.

    

    (y) No
      representations or warranties have been made to Subscriber by the Company or
      its
      officers, employees, agents, affiliates, or subsidiary of the Company, other
      than the representations of the Company contained herein, and in subscribing
      for
      the Notes the Subscriber is not relying upon any representations other than
      those contained in this Subscription Agreement or the Note.

    

    (z) Subscriber
      represents and warrants, to the best of its knowledge, that no finder, broker,
      agent, financial advisor or other intermediary, nor any purchaser representative
      or any broker-dealer acting as a broker, is entitled to any compensation in
      connection with the transactions contemplated by this Subscription Agreement.
      

    

    (aa) Subscriber
      represents and warrants that Subscriber has: (i) not distributed or reproduced
      this Subscription Agreement, the Term Sheet or the Notes (collectively, the
      “Offering
      Documents”),
      in
      whole or in part, at any time, without the prior written consent of the Company,
      and (ii) kept confidential the existence of the Offering Documents and the
      information contained therein or otherwise made available to Subscriber in
      connection with any further investigation of the Company and (iii) refrained
      and
      shall refrain from trading in any publicly traded securities of the Company
      for
      so long as such recipient has been in possession of the material non-public
      information contained in this Subscription Agreement, Note, Term Sheet or
      related transaction documents.

    

    3. Representations
      and Warranties of the Company.
      The
      Company understands, agrees with, and represents and warrant to Subscriber
      as
      follows: 

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    (a) The
      Company is a corporation duly organized and existing, and in good standing
      under
      the laws of the jurisdiction in which it is incorporated and has the requisite
      corporate power to own its properties and to carry on its business as now being
      conducted. The Company is duly qualified as a foreign corporation to do business
      and is in good standing in every jurisdiction in which the nature of the
      business conducted by it makes such qualification necessary, except as would
      not
      have a material adverse effect on the business and financial condition of the
      Company, taken as a whole (a “Material
      Adverse Effect”).

    

    (b) The
      Company has the requisite corporate power and authority to: (i) enter into
      and
      perform its obligations under this Agreement in accordance with the terms
      hereof, (ii) enter into and perform their obligations under the Note and the
      Related Agreements and (iii) to issue the Note and the Common Stock issuable
      upon conversion of the Note in accordance with the terms thereof. The execution,
      delivery and performance of the Note and the Related Agreements, and the
      consummation of the transactions contemplated hereby and thereby have been
      duly
      authorized by the Company’s Board of Directors and no further consent or
      authorization of the Company or its Board of Directors, or its stockholders,
      or
      its debtholders is required. The Notes sold at the Closing have been duly and
      validly authorized, executed and delivered by the Company. The Notes (when
      issued) and the Related Agreements constitute the valid and binding obligations
      of the Company enforceable against it in accordance with its respective terms,
      except as such enforceability may be limited by applicable bankruptcy,
      insolvency, reorganization, moratorium, liquidation or similar laws relating
      to,
      or affecting, generally, the enforcement of creditors’ rights and remedies or by
      other equitable principles of general application. The Company (and its legal
      counsel) has examined the Notes and is satisfied in its sole discretion that
      the
      Notes are being issued in accordance with the provisions of Regulation D
      (“Regulation
      D”)
      as
      promulgated by the SEC under the Act. 

    

    (c) The
      Company has provided to Subscriber financial statements for the periods ended
      December 31, 2007 and December 31, 2006 (the “Financial
      Statements”).
      As of
      their respective dates, none of the Financial Statements contained any untrue
      statement of a material fact or omitted to state a material fact required to
      be
      stated therein or necessary in order to make the statements therein, in light
      of
      the circumstances under which they were made, not misleading. The Financial
      Statements have been prepared in accordance with generally accepted accounting
      principles, consistently applied, during the periods involved (except as may
      be
      otherwise indicated in such financial statements or the notes thereto) and
      fairly present in all material respects the financial position of the Company
      as
      of the dates thereof and the results of its operations and cash flows for the
      periods then ended (subject, in the case of unaudited statements, to normal
      year-end audit adjustments). No other information provided by or on behalf
      of
      the Company contains any untrue statement of a material fact or omits to state
      any material fact necessary in order to make the statements therein, in the
      light of the circumstance under which they are or were made, not misleading.
      

    

    4. Covenants.

    

    (a) Certain
      Securities Law Disclosures.
      The
      Company shall: (i) timely file with the SEC a Form D promulgated under the
      Act
      or, as appropriate, an amendment to Form D, as required under Regulation D
      and
      provide a copy thereof to Subscriber promptly after the filing thereof, and
      (ii)
      timely file all necessary State “blue sky” filings in connection herewith.

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    (b) Reservation
      of Shares.
      The
      Company shall at all times while the Notes are outstanding keep in reserve
      a
      sufficient number of shares of its Common Stock issuable in connection with
      conversion of the Notes. If at any time, the number of authorized but unissued
      shares of Common Stock shall not be sufficient to effect the conversion of
      the
      Notes, the Company will take such corporate action as may, in the opinion of
      its
      counsel, be necessary to increase the number of authorized but unissued shares
      of Common Stock to such number of shares as shall be sufficient for such
      purposes, including, without limitation, using its best efforts to obtain the
      requisite stockholder approval necessary to increase the number of authorized
      shares of Common Stock.

    

    (c) Integration.
      The
      Company shall not itself and shall use its best efforts to ensure that no
      affiliate shall sell, offer for sale or solicit offers to buy or otherwise
      negotiate in respect of any security that would be integrated with the offer
      or
      sale of the Notes in a manner that would require the registration under the
      Act
      of the issue, offer or sale of the Notes to Subscriber.

    

    5. Indemnification.
      Subscriber agrees to indemnify and hold harmless the Company and its respective
      officers, directors, employees, stockholders, agents, counsel and affiliates,
      and any person acting on behalf of the Company (“Indemnitees”), from and against
      any and all damage, loss, liability, cost and expense (including reasonable
      attorneys’ fees) (“Loss”) which any of them may incur by reason of the failure
      by Subscriber to fulfill any of the terms and conditions of this Subscription
      Agreement, or by reason of any breach of the representations and warranties
      made
      by Subscriber herein, or in any other document provided by Subscriber to the
      Company. All representations, warranties and covenants of each of Subscriber
      and
      the Company contained herein shall survive the acceptance of this subscription.
      

    

    6. Miscellaneous.

    

    (a) Subscriber
      agrees not to transfer or assign this Subscription Agreement or any of
      Subscriber’s interest herein and further agrees that the transfer or assignment
      of the Notes acquired pursuant hereto shall be made only in accordance with
      the
      Offering Documents and all applicable laws.

    (b) Subscriber
      agrees that Subscriber cannot cancel, terminate, or revoke this Subscription
      Agreement or any agreement of Subscriber made hereunder, and this Subscription
      Agreement shall survive the death or legal disability of Subscriber and shall
      be
      binding upon Subscriber’s heirs, executors, administrators, successors, and
      permitted assigns.

    

    (c) Subscriber
      has read and has accurately completed this entire Subscription
      Agreement.

    

    (d) This
      Subscription Agreement and the Note constitute the entire agreement among the
      parties hereto with respect to the subject matter hereof and may be amended
      only
      by a written execution by all parties.

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    (e) Subscriber
      acknowledges that it has been advised to consult with his/her/its own attorney
      regarding this subscription and Subscriber has done so to the extent that
      Subscriber deems appropriate.

    

    (f) Any
      notice or other document required or permitted to be given or delivered to
      the
      Company shall be in writing and sent by registered or certified mail with return
      receipt requested (postage prepaid) to:

    

    If
      to the
      Company, at:

    

    Actiga
      Corporation

    871
      Marlborough Avenue, Suite 100

    Riverside,
      CA 92507

    Attn:
      Dale Hutchins 

    Tel:
      951-786-9474 

     

    with
      a
      copy (which shall not constitute notice) to:

     

    Douglas
      S. Ellenoff, Esq.

    Ellenoff
      Grossman & Schole, LLP

    150
      East
      42nd
      Street

    New
      York,
      NY 10017

    Tel.
      (212) 370-1300; Fax. (212) 370-7889

    

    Any
      notice or other document required or permitted to be given or delivered to
      the
      Subscriber shall be in writing and sent by (a) email to the Subscriber’s email
      address as set forth on the signature page of this Subscription Agreement or
      such other address as it shall have specified to the Company in writing (b)
      by
      registered or certified mail with return receipt requested (postage prepaid)
      to
      the address as set forth on the signature page of this Subscription Agreement.
      

    

    (g) Failure
      of the Company to exercise any right or remedy under this Subscription Agreement
      or any other agreement between the Company and the Subscriber, or otherwise,
      or
      delay by the Company in exercising such right or remedy, will not operate as
      a
      waiver thereof. No waiver by the Company will be effective unless and until
      it
      is in writing and signed by the Company.

    

    (h) This
      Subscription Agreement shall be enforced, governed and construed in all respects
      in accordance with the laws of the State of New York, as such laws are applied
      by the New York courts and shall be binding upon the Subscriber, the
      Subscriber’s heirs, estate, legal representatives, successors and assigns and
      shall inure to the benefit of the Company, its successors and assigns.

    

    (i) If
      any
      provision of this Subscription Agreement is held to be invalid or unenforceable
      under any applicable statute or rule of law, then such provision shall be deemed
      modified to conform to such statute or rule of law. Any provision hereof that
      may prove invalid or unenforceable under any law shall not affect the validity
      or enforceability of any other provisions hereof.

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    (j)
       All
      pronouns and any variations thereof used herein shall be deemed to refer to
      the
      masculine, feminine, singular or plural, as identity of the person or persons
      may require. 

    

    (k) This
      Subscription Agreement may be executed in counterparts and by facsimile, each
      of
      which shall be deemed an original, but all of which shall constitute one and
      the
      same instrument.

    

    [Signature
      Page Follows]

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    Signature
      Page for Individuals:

    

    IN
      WITNESS WHEREOF, Subscriber has caused this Subscription Agreement to be
      executed as of the date indicated below.

    

    
      	
              $

            	 	 	 
	
              Purchase
                Price

            	 	
              Notes

            
	 	 	 
	 	 	 
	
              Print
                or Type Name

            	 	
              Print
                or Type Name (Joint-owner)

            
	
               

            	 	
               

            
	 	 	 
	
              Signature

            	 	
              Signature
                (Joint-owner)

            
	
               

            	 	
               

            
	 	 	 
	
              Date

            	 	
              Date
                (Joint-owner)

            
	
               

            	 	
               

            
	 	 	 
	
              Social
                Security Number

            	 	
              Social
                Security Number (Joint-owner)

            
	
               

            	 	
               

            
	 	 	 
	
               

            	 	
               

            
	
              Address

            	 	
              Address
                (Joint-owner)

            
	 	 	 
	
              Email
                Address

            	 	
              Email-
                Addresses (Joint-owner)

            
	 	 	 
	
              _______
                Joint Tenancy

            	 	
              ______
                Tenants in Common

            

    

     

    
      
         

      

      
        S-1

        
          

        

      

      
         

      

    

    Signature
      Page for Partnerships, Corporations or Other Entities:

    

    IN
      WITNESS WHEREOF, Subscriber has caused this Subscription Agreement to be
      executed as of the date indicated below.

    

    
      	
              $
                

            	 	 	 
	
              Total
                Purchase Price

            	 	
              Notes

            
	 	 	 
	 	 	 
	
              Print
                or Type Name of Entity

            	 	 
	 	 	 
	 	 	 
	
              Address

            	 	 
	 	 	 
	 	 	 
	
              Taxpayer
                I.D. No. (if applicable)

            	 	
              Date

            
	 	 	 
	 	 	 
	
              Signature

            	 	
              Print
                or Type Name and Indicate

            
	 	 	
              Title
                or Position with Entity

            
	 	 	 
	 	 	 
	
              Signature
                (other authorized signatory)

            	 	
              Print
                or Type Name and Indicate

            
	
               

            	 	
              Title
                or Position with Entity

            

    

    
      
         

      

      
        S-2

        
          

        

      

      
         

      

    

    IN
      WITNESS WHEREOF, the Company has caused this Subscription Agreement to be
      executed, and the foregoing subscription accepted, as of the date indicated
      below.

    

    
      	 	
              ACTIGA
                CORPORATION

            
	 	 
	 	
              By:
                

            	 
	 	
               

            	Name:
	 	
               

            	
              Title:

            
	 	 	 
	 	
              Date:
                

            	 

    

    

    
      
         

      

      
        S-3NEITHER
      THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS CONVERTIBLE HAVE
      BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES
      COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER
      THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY,
      MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
      STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM,
      OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
      SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AS
      EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE
      SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY. THIS SECURITY
      AND THE SECURITIES ISSUABLE UPON CONVERSION OF THIS SECURITY MAY BE PLEDGED
      IN
      CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN SECURED BY SUCH
      SECURITIES. PLEASE REVIEW THE ASSOCIATED TERM SHEET, RISK FACTORS AND THE
      REPORTS THE COMPANY HAS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION
      PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
      (THE “EXCHANGE ACT”).

    

    Original
      Issue Date: April 15, 2008

    Original
      Conversion Price (subject to adjustment herein): $2.00

    

    $__________

    

    12%
      NOTE
      WITH AN OPTION TO CONVERT

    DUE
      APRIL
      15,
      2009

    

    THIS
      12%
      UNSECURED NOTE
      WITH
      AN OPTION TO CONVERT
      is one
      of a series (the “Series”) of duly authorized and issued 12% unsecured notes
      with an option to convert (this note, the “Note”
and
      collectively with the other notes in the Series, the “Notes”)
      in the
      aggregate maximum principal amount for all Notes in this Series (“the Series”)
      of up to One Million Dollars ($1,000,000) of Actiga Corporation, a Nevada
      corporation, having a principal place of business at 871 Marlborough Avenue,
      Suite 100, Riverside CA 92507 (the
      “Company”).
      The
      Notes may be issued in any increment and the issuance thereof are not subject
      to
      the receipt by the Company of any minimum amount of financing being secured.
      The
      Notes are an unsecured obligation of the Company. The Notes are designated
      as
      the 12% unsecured Notes with an option to convert, due April 15, 2009.

    

    FOR
      VALUE
      RECEIVED, the Company promises to pay to _______ or its registered assigns
      (the
“Holder”),
      or
      shall have paid pursuant to the terms hereunder, the principal sum of ($______)
      by April 15, 2009, or such earlier date as this Note is permitted to be repaid
      as provided hereunder (the “Maturity
      Date”),
      and
      to pay interest to the Holder on the aggregate unconverted and then outstanding
      principal amount of this Note in accordance with the provisions hereof. This
      Note is subject to the following additional provisions:

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    Section
      1. Definitions.
      For the
      purposes hereof, in addition to the terms defined elsewhere in this Note: (a)
      capitalized terms not otherwise defined herein have the meanings given to such
      terms in the Transaction Documents (hereinafter defined), and (b) the following
      terms shall have the following meanings:

    

    “Subsequent
      Financing”
means
      a
      debt or equity financing in which the Company has raised the aggregate amount
      of
      at least $3,000,000. 

    

    “Adjusted
      Conversion Price”
shall
      be equal to the lesser of: (i) $2.00 or (ii) the lowest price at which the
      securities are issued in the Subsequent Financing (the “Adjusted Conversion
      Price”).

    

    “Business
      Day”
means
      any day except Saturday, Sunday and any day which shall be a federal legal
      holiday in the United States or a day on which banking institutions in the
      State
      of California are authorized or required by law or other government action
      to
      close.

    

    “Common
      Stock”
means
      the common stock, par value $.001 per share, of the Company and stock of any
      other class of securities into which such securities may hereafter have been
      reclassified or changed into.

    

    "Common
      Stock Equivalent"
      means
      any warrant, option, subscription or purchase right with respect to shares
      of
      Common Stock, any security convertible into, exchangeable for, or otherwise
      entitling the holder thereof to acquire, shares of Common Stock or any warrant,
      option, subscription or purchase right with respect to any such convertible,
      exchangeable or other security.

    

    “Conversion
      Date”
shall
      have the meaning set forth in Section 4(a).

    

    “Conversion
      Price”
shall
      have the meaning set forth in Section 4(b).

    

    “Conversion
      Shares”
means
      the shares of Common Stock issuable upon conversion of this Note or as payment
      of interest in accordance with the terms.

    

    “Note
      Register”
shall
      have the meaning set forth in Section 3(b).

    

    “Exchange
      Act”
means
      the Securities Exchange Act of 1934, as amended, and the rules and regulations
      promulgated thereunder.

    

    “Maturity
      Date”
means
      April 15, 2009.

    

    “New
      York Courts”
shall
      have the meaning set forth in Section 8(d).

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

       

    

    “Notice
      of Conversion”
shall
      have the meaning set forth in Section 4(a).

    

    “Optional
      Redemption Amount”
shall
      mean the sum of: (i) 100% of the principal amount of the Note then outstanding,
      and (ii) the entire amount of the due and unpaid interest that in no event
      exceed $120,000, assuming the maximum amount of $1,000,000 is
      raised.

    

    “Optional
      Redemption Notice”
shall
      have the meaning set forth in Section 5(a).

    

    “Optional
      Redemption Notice Date”
shall
      have the meaning set forth in Section 5(a).

    

    “Original
      Issue Date”
shall
      mean the date of the first issuance of the Note.

    

    “Person”
means
      a
      corporation, an association, a partnership, organization, a business, an
      individual, a government or political subdivision thereof or a governmental
      agency.

    

    “Purchaser
      Questionnaire”
means
      the questionnaire completed by the holder and dated as of April 15,
      2008.

    

    “Subscription
      Agreement”
means
      the Securities Subscription Agreement, dated as of April 15, 2008, to which
      the
      Company and the original Holder are parties, as amended, modified or
      supplemented from time to time in accordance with its terms.

    

    “Registration
      Rights”
means
      the piggy back registration rights set forth in Section 6.

    

    “Securities
      Act”
means
      the Securities Act of 1933, as amended, and the rules and regulations
      promulgated thereunder.

    

    “Trading
      Day”
means
      a
      day on which the Common Stock is traded on a Trading Market.

    

    “Trading
      Market”
means
      any of the following markets or exchanges on which the Common Stock is listed
      or
      quoted for trading on the date in question: the Nasdaq Capital Market, the
      American Stock Exchange, the New York Stock Exchange, the Nasdaq National Market
      or the OTC Bulletin Board.

    

    “Transaction
      Documents”
shall
      mean the Term Sheet, the Note, the Subscription Agreement and the Purchaser
      Questionnaire. 

    

    Section
      2. Interest.

     

    a) Payment
      of Interest in Cash.
      The
      Company shall pay interest to the Holder on the aggregate unconverted and then
      outstanding principal amount of this Note at the rate of 12% per annum, payable
      in cash on the Maturity Date, except as otherwise provided. 

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    b) Prepayment.
      Except
      as otherwise set forth in this Note including, but not limited to, Section
      5(a),
      the Company may not prepay any portion of the principal amount of this Note.
      

    

    Section
      3.  Registration
      of Transfers and Exchanges.
      

     

    a) Investment
      Representations.
      This
      Note has been issued subject to certain investment representations of the
      original Holder set forth in the Subscription Agreement and the Purchaser
      Questionnaire and may be transferred or exchanged only in compliance with the
      Subscription Agreement and applicable federal and state securities laws and
      regulations. 

    

    b) Reliance
      on Note Register.
      Prior
      to due presentment to the Company for transfer of this Note, the Company and
      any
      agent of the Company may treat the person in whose name this Note is duly
      registered on the Note Register as the owner hereof for the purpose of receiving
      payment as herein provided and for all other purposes, whether or not this
      Note
      is overdue, and neither the Company nor any such agent shall be affected by
      notice to the contrary.

    

    Section
      4.  Conversion.

     

    a) Voluntary
      Conversion.
      The
      outstanding principal amount of this Note shall be convertible into shares
      of
      Common Stock, at the option of the Holder, (subject to the limitations on
      conversion set forth in Section 4(d) hereof) at the Conversion Price at
      either: (i) the date which is 10 Trading Days before the Maturity Date or (ii)
      the Optional Redemption Notice Date, as applicable. The Holder shall effect
      conversions by delivering to the Company the form of Notice of Conversion
      attached hereto as Annex
      A
      (a
“Notice
      of Conversion”),
      specifying therein the principal amount of this Note to be converted and the
      date on which such conversion is to be effected (a “Conversion
      Date”).
      If no
      Conversion Date is specified in a Notice of Conversion, the Conversion Date
      shall be the date that such Notice of Conversion is received hereunder. To
      effect conversions hereunder, the Holder shall be required to physically
      surrender this Note to the Company in the amount of the Note that the Holder
      wishes to convert. Conversions hereunder shall have the effect of lowering
      the
      outstanding principal amount of this Note in an amount equal to the applicable
      conversion. The Holder and the Company shall maintain records showing the
      principal amount converted and the date of such conversion. The Company shall
      deliver any objection to any Notice of Conversion promptly, but in no event
      later than ten (10) Business Days after receipt of such notice. In the event
      of
      any dispute or discrepancy, the records of the Company shall be controlling
      and
      determinative in the absence of manifest error. 

    

    b) Conversion
      Price.
      The
      conversion price in effect on any Conversion Date shall be equal to $2.00
      (subject to adjustment herein)(the “Conversion
      Price”).

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    c) Holder’s
      Restriction on Conversion.
      The
      Company shall not effect any conversion of this Note, and the Holder shall
      not
      have the right to convert any portion of this Note, pursuant to Section 4(a)
      or
      otherwise, to the extent that after giving effect to such conversion, the Holder
      (together with the Holder’s Affiliates), as set forth on the applicable Notice
      of Conversion, would beneficially own in excess of 4.99% of the number of shares
      of the Common Stock outstanding immediately after giving effect to such
      conversion.  For purposes of the foregoing sentence, the number of shares
      of Common Stock beneficially owned by the Holder and its Affiliates shall
      include the number of shares of Common Stock issuable upon conversion of this
      Note with respect to which the determination of such sentence is being made,
      but
      shall exclude the number of shares of Common Stock which would be issuable
      upon
      (A) conversion of the remaining, nonconverted portion of this Note beneficially
      owned by the Holder or any of its Affiliates and (B) exercise or conversion
      of
      the unexercised or nonconverted portion of any other securities of the Company
      (including, without limitation, any other Notes) subject to a limitation on
      conversion or exercise analogous to the limitation contained herein beneficially
      owned by the Holder or any of its Affiliates.  Except as set forth in the
      preceding sentence, for purposes of this Section 4(c), beneficial ownership
      shall be calculated in accordance with Section 13(d) of the Exchange Act and
      the
      rules and regulations promulgated thereunder. To the extent that the limitation
      contained in this section applies, the determination of whether this Note is
      convertible (in relation to other securities owned by the Holder) and of which
      a
      portion of this Note is convertible shall be in the sole discretion of such
      Holder. To ensure compliance with this restriction, the Holder will be deemed
      to
      represent to the Company each time it delivers a Notice of Conversion that
      such
      Notice of Conversion has not violated the restrictions set forth in this
      paragraph and the Company shall have no obligation to verify or confirm the
      accuracy of such determination. In
      addition, a determination as to any group status as contemplated above shall
      be
      determined in accordance with Section 13(d) of the Exchange Act and the rules
      and regulations promulgated thereunder. For
      purposes of this Section 4(c), in determining the number of outstanding shares
      of Common Stock, the Holder may rely on the number of outstanding shares of
      Common Stock as reflected in (x) the Company’s most recent Form 10-QSB or Form
      10-K, as the case may be, (y) a more recent public announcement by the Company
      or (z) any other notice by the Company or the Company’s Transfer Agent setting
      forth the number of shares of Common Stock outstanding.  Upon the written
      or oral request of the Holder, the Company shall within two Trading Days confirm
      orally and in writing to the Holder the number of shares of Common Stock then
      outstanding.  In any case, the number of outstanding shares of Common Stock
      shall be determined after giving effect to the conversion or exercise of
      securities of the Company, including this Note, by the Holder or its Affiliates
      since the date as of which such number of outstanding shares of Common Stock
      was
      reported. The
      provisions of this paragraph shall be implemented in a manner otherwise than
      in
      strict conformity with the terms of this Section 4(c) to correct this paragraph
      (or any portion hereof) which may be defective or inconsistent with the intended
      4.99% beneficial ownership limitation herein contained or to make changes or
      supplements necessary or desirable to properly give effect to such 4.99%
      limitation. The limitations contained in this paragraph shall apply to a
      successor holder of this Note. 

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    d) Mechanics
      of Conversion

     

    i. Conversion
      Shares Issuable Upon Conversion of Principal Amount of Notes.
      The
      number of shares of Common Stock issuable upon a conversion hereunder shall
      be
      determined by the quotient obtained by dividing (x) the outstanding principal
      amount of this Note to be converted by (y) the Conversion Price or the Alternate
      Conversion Price, as applicable.

    

    ii. Delivery
      of Certificate Upon Conversion.
      As soon
      as commercially practicable after the applicable Conversion Date, the Company
      will deliver or cause to be delivered to the Holder either (A) (i) a bank check
      in the amount of the Note or (ii) a certificate or certificates representing
      the
      Conversion Shares representing the number of shares of Common Stock being
      acquired upon the conversion of this Note and (B) a bank check in the amount
      of
      accrued and unpaid interest. The Company shall, if available and if allowed
      under applicable securities laws, use its best efforts to deliver any
      certificate or certificates required to be delivered by the Company under this
      Section electronically through the Depository Trust Corporation or another
      established clearing corporation performing similar functions. 

     

    iii. Failure
      to Deliver Certificates.
      If in
      the case of any Notice of Conversion such certificate or certificates are not
      delivered to or as directed by the applicable Holder as soon as commercially
      practicable after the applicable Conversion Date, the Holder shall be entitled
      by written notice to the Company at any time on or before its receipt of such
      certificate or certificates thereafter, to rescind such conversion, in which
      event the Company shall immediately return the certificates representing the
      principal amount of this Note tendered for conversion.

     

    iv. Reservation
      of Shares Issuable Upon Conversion.
      The
      Company covenants that it will at all times reserve and keep available out
      of
      its authorized and unissued shares of Common Stock solely for the purpose of
      issuance upon conversion of this Note free from preemptive rights or any other
      actual contingent purchase rights of persons other than the Holder (and the
      other holders of the Notes), not less than such number of shares of the Common
      Stock as shall (subject to any additional requirements of the Company as to
      the
      reservation of such shares and the terms and conditions set forth in the
      Subscription Agreement) be issuable upon the conversion of the outstanding
      principal amount of this Note. 

    

    v. Fractional
      Shares.
      Upon a
      conversion hereunder the Company shall not be required to issue stock
      certificates representing fractions of shares of the Common Stock, but may
      if
      otherwise permitted, make a cash payment in respect of any final fraction of
      a
      share based on the VWAP at such time. If the Company elects not, or is unable,
      to make such a cash payment, the Holder shall be entitled to receive, in lieu
      of
      the final fraction of a share, one whole share of Common Stock.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    vi. Transfer
      Taxes.
      The
      issuance of certificates for shares of the Common Stock on conversion of this
      Note shall be made without charge to the Holder hereof for any documentary
      stamp
      or similar taxes that may be payable in respect of the issue or delivery of
      such
      certificate, provided that the Company shall not be required to pay any tax
      that
      may be payable in respect of any transfer involved in the issuance and delivery
      of any such certificate upon conversion in a name other than that of the Holder
      of this Note so converted and the Company shall not be required to issue or
      deliver such certificates unless or until the person or persons requesting
      the
      issuance thereof shall have paid to the Company the amount of such tax or shall
      have established to the satisfaction of the Company that such tax has been
      paid.

    

    Section
      5. Optional
      Redemption.

    

    a) Optional
      Redemption at Election of Company. Subject to the provisions of this Section
      5, at any time after the date upon which the Company consummates an Subsequent
      Financing, the Company may deliver a notice to the Holder (an “Optional
      Redemption Notice” and the date such notice is deemed delivered hereunder,
      the “Optional Redemption Notice Date”) of its election to redeem the
      Optional Redemption Amount on the 20th Trading Day following the
      Optional Redemption Notice Date (such date, the “Optional Redemption
      Date” and such redemption, the “Optional Redemption”). The Company
      covenants and agrees that it will honor all Notices of Conversion tendered
      from
      the time of delivery of the Optional Redemption Notice through the date all
      amounts owing thereon are due and paid in full.

    

    b) Redemption
      Procedure.
      The
      payment of cash pursuant to an Optional Redemption shall be made on the Optional
      Redemption Date. The Company’s determination to redeem in cash or Holder’s
      elections to convert into shares of common stock under Section 5(c) shall be
      applied among the Holders of Notes ratably. 

    

    c) Holder’s
      Election.
      Subject
      to the Company’s election to the Optional Redemption, the Holder may elect to
      convert the outstanding principal amount of the Note into shares of common
      stock
      in lieu of cash at the Alternate Conversion Price by delivering a Notice of
      Conversion to the Company in writing and sent by registered or certified mail
      with return receipt requested (postage prepaid) to the address as set forth
      on
      the Subscription Agreement. Notwithstanding anything herein to the contrary,
      the
      Holder may not elect to convert into shares of common stock any portion of
      the
      interest on the Notes.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    Section
      6. Piggy
      Back Registration.

    

    (a) If,
      at
      any time, the Company undertakes to register any of its Common Stock or other
      equity securities under the Securities Act of 1933, as amended (the “Act”),
other
      than (i) a registration in connection with any employee stock option,
      equity compensation plan or other benefit plan (ii) a registration statement
      filed on Form S-3, (iii) a registration statement filed on Form S-8, the Company
      will
      give
      prompt written notice (and in no event later than 30 days prior to the proposed
      filing of such registration statement with the Securities and Exchange
      Commission (the “SEC”)) to the Holder of its intention to effect such
      registration. The Company will include in such registration all securities
      with
      respect to which the Company has received written requests for inclusion within
      20 days after the receipt of such notice by the Holder. The Company shall pay
      all related registration expenses other than any underwriter discounts relating
      to shares to be sold by the Holder. 

     

    (b) In
      connection with and registration of shares under the Act, the Company shall,
      among other things, (i) file a registration statement with the SEC and use
      its
      reasonable best efforts to cause the registration statement to become and remain
      effective until all of the shares have been sold or sixty days, whichever is
      shorter, (ii) as promptly as possible prepare and file with the SEC any
      amendments and supplements to any registration statement, including the
      prospectus, that are necessary to keep such registration statement effective,
      (iii) as promptly as possible, provide to the Holder copies of the prospectus,
      including a preliminary prospectus, conforming with the requirements of the
      Act,
      and all other documents that the Holder may reasonably request, in order to
      assist in the public sale or other disposition of the shares, and (iv) as
      promptly as possible, use its commercially reasonable efforts to register or
      qualify the shares covered by such registration statement under the securities
      (Blue Sky) laws of all states that require such registration or qualification
      and that the Holder requests, and complete all other activities and documents
      that may be necessary or reasonably desirable for the Holder to complete the
      public sale or other disposition of the shares in such specified
      states.

    

    (c) The
      obligations of the Company under this Section to register the shares shall
      expire and terminate at such time as the Holder shall be entitled or eligible
      to
      sell such securities without restriction and without a need for the filing
      of a
      registration statement under the Securities Act, including without limitation,
      for any resales of restricted securities made pursuant to Rule 144 as
      promulgated by the Securities and Exchange Commission, or for a sale made
      pursuant to Rule 144 as promulgated by the Securities and Exchange Commission,
      or for a sale made pursuant to Section 4(1) and/or 4(2) under the Securities
      Act.

    

    Section
      7.  Events
      of Default.
      

    

    a) “Event
      of Default”,
      wherever used herein, means any one of the following events (whatever the reason
      and whether it shall be voluntary or involuntary or effected by operation of
      law
      or pursuant to any judgment, decree or order of any court, or any order, rule
      or
      regulation of any administrative or governmental body):

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    i. any
      default in the payment of (A) the principal amount of this Note, or (B) interest
      on this Note when the same shall become due and payable (whether on a Conversion
      Date or the Maturity Date) which default, solely in the case of an interest
      payment or other default under this clause is not cured, within a time frame
      that is commercially reasonable;

     

    ii. a
      default
      or event of default (subject to any grace or cure period provided for in the
      applicable agreement, document or instrument) shall occur under any of the
      Transaction Documents;

    

    iii. (i)
      the
      Company shall commence a case, as debtor, a case under any applicable bankruptcy
      or insolvency laws as now or hereafter in effect or any successor thereto,
      or
      the Company commences any other proceeding under any reorganization,
      arrangement, adjustment of debt, relief of debtors, dissolution, insolvency
      or
      liquidation or similar law of any jurisdiction whether now or hereafter in
      effect relating to the Company or (ii) there is commenced a case against the
      Company, under any applicable bankruptcy or insolvency laws, as now or hereafter
      in effect or any successor thereto which remains undismissed for a period of
      60
      days; or (iii) the Company is adjudicated by a court of competent jurisdiction
      insolvent or bankrupt; or any order of relief or other order approving any
      such
      case or proceeding is entered; or (iv) the Company suffers any appointment
      of
      any custodian or the like for it or any substantial part of its property which
      continues undischarged or unstayed for a period of 60 days; or (v) the Company
      makes a general assignment for the benefit of creditors; or (vi) the Company
      shall fail to pay, or shall state that it is unable to pay, or shall be unable
      to pay, its debts generally as they become due; or (vii) the Company shall
      call
      a meeting of its creditors with a view to arranging a composition, adjustment
      or
      restructuring of its debts; or (viii) the Company shall by any act or failure
      to
      act expressly indicate its consent to, approval of or acquiescence in any of
      the
      foregoing; or (ix) any corporate or other action is taken by the Company for
      the
      purpose of effecting any of the foregoing;

    

    b) Remedies
      Upon Event of Default.
      If any
      Event of Default occurs, the full principal amount of this Note, together with
      interest and other amounts owing in respect thereof, to the date of acceleration
      shall become, at the Holder’s election, immediately due and payable in cash.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    Section
      8. Miscellaneous.
      

     

    a) Notices.
      Any and
      all notices or other communications or deliveries to be provided by the Holder
      hereunder, including, without limitation, any Notice of Conversion, shall be
      in
      writing and delivered to the Company sent by registered or certified mail with
      return receipt requested (postage prepaid) at the address set forth above
      Attn:
      Dale
      Hutchins, President or such other address as the Company may specify for such
      purposes by notice to the Holder delivered in accordance with this Section.
      Any
      and all notices or other communications or deliveries to be provided by the
      Company hereunder shall be in writing and delivered by facsimile, by email
      to
      the Subscriber’s email address as set forth on the signature page, sent by a
      nationally recognized overnight courier service addressed to each Holder at
      the
      facsimile telephone number or address of such Holder appearing on the books
      of
      the Company, or if no such facsimile telephone number or address appears, at
      the
      principal place of business of the Holder. Any notice or other communication
      or
      deliveries hereunder shall be deemed given and effective on the earliest of
      (i)
      the date of transmission, if such notice or communication is delivered via
      facsimile at the facsimile telephone number or email address prior to 5:30
      p.m.
      (Los Angeles, CA time), (ii) the date after the date of transmission, if such
      notice or communication is delivered via facsimile or email at the facsimile
      telephone number or email address specified in this Section later than 5:30
      p.m.
      (Los Angeles, CA time) on any date and earlier than 11:59 p.m. (Los Angeles,
      CA
      time) on such date, (iii) the second Business Day following the date of mailing,
      if sent by nationally recognized overnight courier service, or (iv) upon actual
      receipt by the party to whom such notice is required to be given.

    

    b) Absolute
      Obligation.
      Except
      as expressly provided herein, no provision of this Note shall alter or impair
      the obligation of the Company, which is absolute and unconditional, to pay
      the
      principal of and interest on, this Note at the time, place, and rate, and in
      the
      coin or currency, herein prescribed. This Note is a direct debt obligation
      of
      the Company. 

    

    c) Lost
      or Mutilated Note.
      If this
      Note shall be mutilated, lost, stolen or destroyed, the Company shall execute
      and deliver, in exchange and substitution for and upon cancellation of a
      mutilated Note, or in lieu of or in substitution for a lost, stolen or destroyed
      Note, a new Note for the principal amount of this Note so mutilated, lost,
      stolen or destroyed but only upon receipt of evidence of such loss, theft or
      destruction of such Note, and of the ownership hereof, and indemnity, if
      requested, all reasonably satisfactory to the Company.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    d) Governing
      Law.
      All
      questions concerning the construction, validity, enforcement and interpretation
      of this Note shall be governed by and construed and enforced in accordance
      with
      the internal laws of the State of New York, without regard to the principles
      of
      conflicts of law thereof. Each party agrees that all legal proceedings
      concerning the interpretations, enforcement and defense of the transactions
      contemplated by any of the Transaction Documents (whether brought against a
      party hereto or its respective affiliates, directors, officers, shareholders,
      employees or agents) shall be commenced in the state and federal courts sitting
      in the City of New York, Borough of Manhattan (the “New
      York Courts”).
      Each
      party hereto hereby irrevocably submits to the exclusive jurisdiction of the
      New
      York Courts for the adjudication of any dispute hereunder or in connection
      herewith or with any transaction contemplated hereby or discussed herein
      (including with respect to the enforcement of any of the Transaction Documents),
      and hereby irrevocably waives, and agrees not to assert in any suit, action
      or
      proceeding, any claim that it is not personally subject to the jurisdiction
      of
      any such court, or such New York Courts are improper or inconvenient venue
      for
      such proceeding. Each party hereby irrevocably waives personal service of
      process and consents to process being served in any such suit, action or
      proceeding by mailing a copy thereof via registered or certified mail or
      overnight delivery (with evidence of delivery) to such party at the address
      in
      effect for notices to it under this Note and agrees that such service shall
      constitute good and sufficient service of process and notice thereof. Nothing
      contained herein shall be deemed to limit in any way any right to serve process
      in any manner permitted by law. Each party hereto hereby irrevocably waives,
      to
      the fullest extent permitted by applicable law, any and all right to trial
      by
      jury in any legal proceeding arising out of or relating to this Note or the
      transactions contemplated hereby. 

    

    e) Waiver.
      Any
      waiver by the Company or the Holder of a breach of any provision of this Note
      shall not operate as or be construed to be a waiver of any other breach of
      such
      provision or of any breach of any other provision of this Note. The failure
      of
      the Company or the Holder to insist upon strict adherence to any term of this
      Note on one or more occasions shall not be considered a waiver or deprive that
      party of the right thereafter to insist upon strict adherence to that term
      or
      any other term of this Note. Any waiver must be in writing.

     

    f) Severability.
      If any
      provision of this Note is invalid, illegal or unenforceable, the balance of
      this
      Note shall remain in effect, and if any provision is inapplicable to any person
      or circumstance, it shall nevertheless remain applicable to all other persons
      and circumstances. If it shall be found that any interest or other amount deemed
      interest due hereunder violates applicable laws governing usury, the applicable
      rate of interest due hereunder shall automatically be lowered to equal the
      maximum permitted rate of interest. The Company covenants (to the extent that
      it
      may lawfully do so) that it shall not at any time insist upon, plead, or in
      any
      manner whatsoever claim or take the benefit or advantage of, any stay, extension
      or usury law or other law which would prohibit or forgive the Company from
      paying all or any portion of the principal of or interest on this Note as
      contemplated herein, wherever enacted, now or at any time hereafter in force,
      or
      which may affect the covenants or the performance of this indenture, and the
      Company (to the extent it may lawfully do so) hereby expressly waive all
      benefits or advantage of any such law, and covenants that it will not, by resort
      to any such law, hinder, delay or impeded the execution of any power herein
      granted to the Holder, but will suffer and permit the execution of every such
      as
      though no such law has been enacted.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    g) Next
      Business Day.
      Whenever any payment or other obligation hereunder shall be due on a day other
      than a Business Day, such payment shall be made on the next succeeding Business
      Day.

    

    h) Headings.
      The
      headings contained herein are for convenience only, do not constitute a part
      of
      this Note and shall not be deemed to limit or affect any of the provisions
      hereof.

    

    i) Assumption. 
      Any successor to the Company shall (i) assume in writing all of the obligations
      of the Company under this Note and the other Transaction Documents pursuant
      to
      written agreements and (ii) issue to the Holder a new Note of such successor
      entity evidenced by a written instrument substantially similar in form and
      substance to this Note, including, without limitation, having a principal amount
      and interest rate equal to the principal amounts and the interest rates of
      the
      Notes held by the Holder and having similar ranking to this Note, and
      satisfactory to the Holder (any such approval not to be unreasonably withheld
      or
      delayed).   

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

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the Company has caused this Note to be duly executed by a
      duly
      authorized officer as of the date first above indicated.

     

    
      
        	
                ACTIGA
                  CORPORATION 

              
	 
	
                By: 

              	 
	 	
                Name:

              
	 	
                Title:

              

      

       

    

    
      	
              HOLDER
                

            
	 
	
              By: 

            	 
	 	
              Name:

            
	 	
              Title:

            

    

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

     

    ANNEX
      A

    

    NOTICE
      OF CONVERSION

     

    The
      undersigned hereby elects to convert principal under the 12% unsecured Note
      with
      an option to convert of Actiga Corporation, a Nevada corporation (the
“Company”),
      due
      on April 15, 2009, into shares of common stock, par value $.001 per share (the
      “Common
      Stock”),
      of
      the Company according to the conditions hereof, as of the date written below.
      If
      shares are to be issued in the name of a person other than the undersigned,
      the
      undersigned will pay all transfer taxes payable with respect thereto and is
      delivering herewith such certificates and opinions as reasonably requested
      by
      the Company in accordance therewith. No fee will be charged to the holder for
      any conversion, except for such transfer taxes, if any.

    

    By
      the
      delivery of this Notice of Conversion the undersigned represents and warrants
      to
      the Company that its ownership of the Common Stock does not exceed the amounts
      determined in accordance with Section 13(d) of the Exchange Act, specified
      under
      Section 4 of this Note.

    

    The
      undersigned agrees to comply with the prospectus delivery requirements under
      the
      applicable securities laws in connection with any transfer of the aforesaid
      shares of Common Stock. 

    

    Conversion
      calculations:   

    
      

        
          	 	
                  Date
                    to Effect Conversion: __________________________

                
	 	 
	 	
                  Principal
                    Amount of Note to be Converted: ________

                
	 	 
	 	
                  Number
                    of shares of Common Stock to be issued:
                    _______

                
	 	 
	 	
                  Signature:      _____________________________

                
	 	 
	 	
                  Name:             _____________________________

                
	 	 
	 	
                  Address:        _____________________________

                
	 	 
	 	
                  Email:             _____________________________

                

        

      

       

    

    
      
        
        

      

      
        14

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