Document:

Unassociated Document

    
      

    

    Exhibit
      10.4

    
 

    

    PROPOSAL/MEMORANDUM
      OF UNDERSTANDING

    

    June
      19,
      2007

    

    Enterconnect
      Inc.

    100
      Century Center Court

    Suite
      650

    San
      Jose,
      CA 95112

    

    Re:  Media
      Campaign for Enterconnect Inc.

    

    Global
      Media Fund, Inc. (GMF) is pleased to present this offer to produce and
      distribute a total of Two Million Dollars ($2,000,000) worth of nationally
      syndicated newspaper features, nationally syndicated radio features and other
      media on behalf of Enterconnect Inc. (Enterconnect), using the industry standard
      advertising rates currently utilized by GMF, over a Twelve (12) month time
      frame. Enterconnect will have the option to choose at its discretion the balance
      of print, radio and other media features as outlined below. GMF has summarized
      some expected exposure values in the paragraphs below assuming that Enterconnect
      chooses to utilize print features only. These exposure values are not guaranteed
      numbers, but are based upon current average results displayed over the selected
      time frame for illustrative purposes. They do not factor in media campaign
      ramp
      up times, or the fact that the print features will continue to run for up to
      eighteen months after the last feature is distributed.

    

    FORMS
      OF MEDIA AVAILABLE (Enterconnect’s choices)

    

    1.
      Newspaper Features

    The
      newspaper features will be specifically about your company and distributed
      to
      10,250 daily and weekly newspapers, news, and wire services. Our services will
      include: feature consultation and development, writing and editing, printing,
      delivery, clippings and readership reports including comparable advertising
      space value reports.  You will have final approval on all
      copy.

    

    Your
      features will be distributed on computer disks, by direct electronic feed and
      in
      a hard copy camera-ready format.  GMF will deliver clipping reports
      beginning ten (10) weeks after media pick up; these reports will continue to
      be
      sent on a monthly basis for one (1) calendar year from delivery (date feature
      was distributed).

    

    Newspaper
      Distribution Guarantee. Although placement is subject to individual
      editorial discretion, GMF offers the following guarantee: each print feature
      must receive placements in at least one hundred (100) newspapers (we
      currently average 648 placements per feature). If the placements do not total
      100 within a six (6) month period of your sign-off on the feature, GMF will
      re-write and/or re-distribute that feature at no cost to you until the
      guaranteed minimum of 100 is obtained.

    

    Expected
      Print Exposure Assuming that Enterconnect chooses to utilize print
      features only and to run the print features evenly over a one (1) year time
      frame, the print features would reach an estimated audience of One Hundred
      and
      One Million Eight Hundred Eighty Two Thousand Eight Hundred Eighty (101,882,880)
      readers per month for twelve (12) months.

    

    2.
      Radio Features

    The
      radio
      features will be nationally syndicated radio features specifically about your
      company. Your scripts will be written by media and radio professionals, read
      by
      radio professionals, produced on a CD-ROM and sent to over 6,000 radio stations
      around the country. In addition to the CD, a script of your public service
      message is distributed as well, so that announcers can "localize" the
      material.

    

    
      
        

      

    

    
      	
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                Agreement

            	 	 

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Radio
      Features consist of two 30-second scripts under one heading written to your
      approval. You will have final approval on all radio features. GMF will deliver
      radio exposure reports on a monthly basis for the duration of the media campaign
      that details each radio station that played the feature. These releases are
      guaranteed (see “Radio Distribution Guarantee” below) to be played on at least
      Four Hundred (400) radio stations.

    

    Radio
      Distribution Guarantee. Although placement is subject to individual
      editorial discretion, GMF offers the following guarantee: each radio feature
      must receive placements in at least Four Hundred (400) radio stations.
      If
      the placements do not total Four Hundred (400) within a Six (6) month period
      of
      your sign-off on the feature, GMF will re-write and/or re-distribute that
      feature at no cost to you until the guaranteed minimum of Four Hundred (400)
      is
      obtained. 

    

    3.
      Television Media

    The
      television spots will normally be 30 second, 60 second or television format
      standard time spots. Your television ad will be produced by television media
      professionals and will be distributed on television stations and/or networks.
      Some examples of television networks are ESPN, Fox Sports, etc.  You
      will have final approval on all television spots and media values will be
      applied from the rate card.

    

    4.
      Internet Media, Marketing and Services

    The
      Internet media category may include many forms of media. These forms include
      professional services to build or enhance customers’ websites, services to
      optimize websites, search engine optimization, email marketing and other
      services. We can also provide custom designed Internet campaigns for each of
      our
      clients.  The customer will have final approval on all Internet
      marketing services and media values will be applied from industry
      standards.

    

    5.
      Golf Events and Other Sponsorships

    Golf
      sponsorships and other event sponsorships, such as Celebrity golf tournaments,
      X
      Game, Fishing, Rodeo, snowmobile and dirt bike racing, Horse racing, Women's
      Softball, and much more, are offered to GMF clients on an event by event basis
      based on inventory.  These events may be nationally televised and
      typically include things like signage, localized media, purse, an events
      ceremony and a full range of offerings around each event.  GMF clients
      will have an opportunity to take advantage of these
      offerings.  Customers will have final approval on all new events and
      values will be applied from industry standards.

    

    6.
      Other Media

    GMF
      is
      committed to continuously adding to our portfolio of media.  As we add
      more media to our portfolio, our clients will have an opportunity to take
      advantage of the new offerings.  Customers will have final approval on
      new media.

    

    In
      Consideration of Media Campaign

    The
      total
      all-inclusive cost for this media campaign is One Million Dollars
      ($1,000,000).  Payment will be in the form of One Million Dollars
      ($1,000,000) in shares of restricted common stock of Enterconnect (the
“Restricted Shares”). The restricted shares payment of this Memorandum of
      Understanding (“MOU”) shall be paid upon execution of this document. The number
      of shares to be issued as payment for this $1,000,000 shall be One Million
      (1,000,000) shares of common stock.

    

    The
      restricted stock shall be governed by the “Restricted Stock Terms” as outlined
      herein. Fulfillment of this MOU by GMF is conditional on the receipt of all
      payments owed in the specified time frame. Failure to pay as agreed may trigger
      a default as per the included “Default Provisions”.  All media will
      have a shelf life of twelve months from the date of contract.  Media
      unused during the life of the Agreement will be expunged.

    

    
      

    

    
      	
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                Agreement

            	 	 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Restricted
      Stock Terms

    The
      shares of Restricted Shares of Common Stock specified as payment are to be
      issued within ten days from the execution of this MOU. All the Restricted Shares
      of Common Stock shall be issued as of the Effective Date and will be valued
      at
      par value for the purposes of income declaration.

    

    Restricted
      Stock Valuation (Market Price)

    For
      the
      purposes of this MOU, the Market Price of the restricted stock shall be
      calculated as either (i) One Hundred percent (100%) of the arithmetic average
      of
      the closing price of Enterconnect’s Common Stock for the past thirty (30)
      trading days, as reported daily by the principal national or regional stock
      exchange on which the common stock is listed, or (ii) the effective price per
      share of the most recent capital raise of Enterconnect. The total number of
      restricted shares to be issued to GMF for each payment due shall be calculated
      by dividing the amount due by the Market Price.

    

    Registration
      Provisions.

    The
      Restricted Shares issued to GMF under this MOU shall be subject to the following
      registration provisions:

    Enterconnect
      grants to GMF piggyback registration rights with respect to all Restricted
      Shares mentioned in this MOU. Enterconnect shall give prompt written notice
      to
      GMF of any intended registration and will automatically include GMF’s Restricted
      Shares in such registration unless notified to the contrary by GMF. In the
      event
      that Enterconnect does not register the Restricted Shares as required in this
      MOU, or if the Restricted Shares are eligible for sale pursuant to Rule 144
      and
      Enterconnect does not provide all required documents such as counsel opinion
      letter to remove stock restrictions within one week of written request from
      GMF,
      Enterconnect shall pay GMF, as liquidated damages, an amount equal to five
      percent (5%) of the total value of this MOU, such payment shall be made no
      later
      than the first business day of the following calendar month and Enterconnect
      furthermore agrees to accept and represent to Enterconnect’s transfer agent as
      valid, an opinion letter from GMF’s counsel regarding restricted stock
      status.

    

    Default
      Provisions

    Any
      default by Enterconnect in the payment of any amount when due under this MOU,
      or
      any failure to timely review and approve media supplied by GMF for review,
      shall
      entitle GMF to place a hold on all work specified in this MOU, at its sole
      option, to terminate this MOU upon Thirty (30) days written notice and declare
      this MOU null and void. No media advertising will be distributed unless all
      payments outlined in this MOU have been received by GMF in the time frame
      specified. 

    

    Enterconnect
      has the right to cancel this MOU with Thirty (30) days written notice, and
      if
      such right is utilized will not be responsible for any additional payments
      owed
      under this MOU. Upon the event of such cancellation by Enterconnect all payments
      paid to date of cancellation shall not be subject to refund. GMF shall not
      be in
      default as a result of any delays in services that are directly or indirectly
      the result of actions of Enterconnect, or failure to act on the parts of
      Enterconnect, such as failure to approve copy submitted by GMF for distribution
      in a reasonable yet timely manner, or failure to submit materials periodically
      (at least monthly) to GMF to develop features.

    

    If
      at any
      time during the service period of this MOU the market value of the stock paid
      to
      GMF drops to $700,000 or less then all work shall cease. Enterconnect will
      have
      the option to make up the difference in cash or additional restricted stock
      to
      return the value paid to GMF to the $1,000,000 level within 30 days. If
      Enterconnect chooses not to exercise this option then the default provisions
      of
      this MOU shall be in force and. For the purposes of any calculations required
      by
      this paragraph, the Market Price as defined above in Restricted Stock Terms
      shall be used.

    

    
      

    

    
      	
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              Media
                Agreement

            	 	 

    

    
      
        
        

      

      
         

        
          

        

      

      
        
        

      

    

     

    This
      Agreement will be governed, construed and enforced in accordance with and
      governed by the laws of the state of New York applicable to agreements made
      and
      to be performed in such jurisdiction without reference to conflicts of law
      principles.  The Parties irrevocably consent that any legal action or
      proceeding against them under, arising out of or in any manner relating to
      this
      Agreement or any other agreement, document or instrument arising out of or
      executed in connection with this Agreement may be brought only in a court with
      jurisdiction located in, or the federal district court the district of which
      includes the county of Suffolk in the state of New York and the Parties each
      irrevocably consent to that venue and to the personal jurisdiction
      thereof.

    

    The
      offer
      contained in this MOU supersedes any previous offers submitted to Enterconnect
      and is valid for a period of 14 days from the date in the footnote at the bottom
      of the page. Please indicate your acceptance of this MOU by signing below,
      and
      then please fax the original, followed by mailing of two executed copies, at
      your earliest convenience to: Don L Rose, President, Global Media Fund, Inc.,
      PO
      Box 78, Mt. Sinai, NY 11766; Ph: 631/791-5126, Fax: 631/389-2367.

    

    

    SIGNATURES

    

    Agreed
      and Accepted:

    

    
      	
              Enterconnect
                Inc.

            	 	 
	 	 	 	
              Signature

            
	 	 	 	 
	
              Date

            	 	 	 
	 	 	 	 
	
               

            	 	 	 
	
              Agreed
                and Accepted: 

            	 	 
	 	 	 	 
	
              Global
                Media Fund, Inc. 

            	 	/s/
              Illegible
	 	 	 	
              Signature

            
	 	 	 	 
	
              Date

            	
              6/19/07

            	 	 

    

    

    
      

    

    
      	
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              Media
                AgreementUnassociated Document

    
      

    

    Exhibit
      10.5

    PRIORITY
      SOFTWARE, INC.

    

    INVESTORSUBSCRIPTION
      AGREEMENT (the "Subscription Agreement") dated November __, 2006,
      between PRORITY SOFTWARE, INC., a Nevada corporation (the
      "Company") and the person or persons executing this Agreement on the last page
      (the "Subscriber").  All documents mentioned herein are incorporated
      by reference.

    

        1.
      Description of the Offering.  This Subscription
      Agreement is for units (the “Units”) comprised of a 10% Convertible Debenture
      (the “Debenture”) and warrants (the “Warrants”) to purchase shares of the
      Company’s common stock, par value $.001 per share (the “Common
      Stock”).  This Offering (the “Offering”) is made only to accredited
      investors who qualify as accredited investors pursuant to the suitability
      standards for investors described under Regulation D of the Securities Act
      of
      1933, as amended (the “Securities Act”) and who have no need for liquidity in
      their investments.  The Offering is for an investment of $100,000.00.
      However, the Company reserves the right, in its sole discretion, to accept
      fractional subscriptions.  Prior to this Offering there was no public
      market for the Debenture, the Warrants or the Common Stock, and no assurance
      can
      be given that a market will develop for the Debentures, or the, the Warrants
      or
      Common Stock, if developed, that it will be maintained so that any subscribers
      in this Offering may avail any benefit from the same.

    

    THE
      SECURITIES OFFERED HEREBY ARE SPECULATIVE AND INVOLVE A HIGH DEGREE OF RISK
      AND
      SHOULD NOT BE PURCHASED BY ANYONE WHO CANNOT AFFORD THE LOSS OF THEIR ENTIRE
      INVESTMENT.  THE SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED
      UNDER THE SECURITIES ACT, OR THE SECURITIES LAWS OF ANY STATE, OR OTHER
      JURISDICTION AND ARE BEING OFFERED AND SOLD IN RELIANCE ON EXEMPTION FROM THE
      REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND SUCH LAWS. THESE SECURITIES
      MAY NOT BE TRANSFERRED, SOLD, PLEDGED, HYPOTHECATED OR ASSIGNED EXCEPT AS
      PERMITTED UNDER SUCH ACT OR SUCH LAWS PURSUANT TO REGISTRATION OR EXEMPTION
      THEREFROM.

    

        2.  Terms
      of the Subscription.    This Offering is made in
      connection with a Confidential Offering Memorandum (the “Memorandum”) which is
      incorporated by reference and made a part of this Subscription
      Agreement.   The subscription is for units (the “Units”)
      comprised of a 10% Convertible Debenture and Warrants to purchase shares of
      the
      Company's Common Stock.  The Debenture (the form of which is attached
      to the Memorandum as Exhibit “A”) shall be repaid five (5) years after the date
      of issuance (the “Maturity Date”).  The “Debenture shall bear interest
      at the rate of ten percent (10%) per annum and shall be repaid quarterly,
      commencing with the quarter ending March 30, 2007, in amount of shares of Common
      Stock equal to the amount of interest owed to the Holder, divided by the
      Conversion Price of $1.00, subject to adjustment.  The Warrants (a
      form of which is attached to the Memorandum as Exhibit "B") may be exercised
      immediately upon issuance to purchase shares of the Company’s Common Stock as
      follows:  20,000 shares at a price of $2.00 per share; 20,000 shares
      of a price of $3.00 per share; and 20,000 shares at a price of $4.00 per share,
      subject to adjustment.

    

    3.
      Other Terms of the Offering.   The execution
      of this
      Subscription Agreement shall constitute an offer by the Subscriber to subscribe
      for the Debenture and the Warrants in the amount and on the terms specified
      herein.  The Subscriber must also complete and execute the Subscriber
      Questionnaire attached hereto.  The Company reserves the right, in its
      sole discretion, to reject in whole or in part, any subscription
      offer.  If the Subscriber's offer is accepted, the Company will
      execute a copy of this Subscription Agreement and return it to
      Subscriber.  The Company may, at its sole discretion, accept
      fractional subscriptions.

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    4.  Subscription
      Payment.  Subscription for the Unit requires a total cash
      investment of $100,000.00.  The subscription price will be payable in
      full upon acceptance of the subscription.  The Company reserves the
      right to accept fractional subscriptions.

    

    5.  The
      Company's
      Representations and Warranties. The Company hereby represents and
      warrants as follows:

    

    (a)           The
      Company is a corporation duly formed and in good standing under the laws of
      the
      State of Nevada with full power and authority to conduct its business as
      presently contemplated;

    

    (b)           The
      Company warrants and covenants that there are no material misstatements or
      omissions in this Subscription Agreement or any information provided of the
      Offering documents herein; and

    

    (c)           The
      Company has the power to execute, deliver and perform this Subscription
      Agreement and any other agreement contemplated herein;

    

    6.  Subscriber's
      Representations, Warranties and Covenants.  The undersigned
      understands and acknowledges that the Debenture, the Warrants and the Common
      Stock underlying same subscribed for herein (the “Securities”) are being offered
      and sold under one or more of the exemptions from registration provided for
      in
      Section 3(b), 4(2) and 4(6) of the Securities Act including, Regulation D
      promulgated thereunder, that the undersigned acknowledges that the Securities
      are being purchased without the undersigned being offered or furnished any
      offering literature, prospectus or other material, financial or otherwise,
      and
      that this action has not been scrutinized by the United States Securities and
      Exchange Commission or by any regulatory authority charged with the
      administration of the securities laws of any state.  The undersigned
      hereby further represents and warrants as follows:

    

    (a)           The
      undersigned confirms that he understands and has fully considered, for purposes
      of this investment, the risks of an investment in the Securities and understands
      that:  (i) this investment is suitable only for an investor who is
      able to bear the economic consequences or losing his entire investment, (ii)
      the
      purchase of the Securities is a speculative investment which involves a high
      degree of risk of loss by the undersigned of his entire investment, and (iii)
      that there will be no public market for the Securities and the Common Stock
      thereunder and accordingly, it may not be possible for the undersigned to
      liquidate an investment in the Securities in case of an emergency.

    

    (b)   The
      Subscriber is an
      "Accredited Investor" as defined in Rule 501(a) of Regulation D under the
      Securities Act.  This representation is based on the fact that the
      Subscriber, inter alia, is an accredited individual who, together with the
      Subscriber’s spouse, have a net worth of at least $1,000,000 or the Subscriber,
      individually, has had net income of not less than $200,000 during the last
      two
      years, and reasonably anticipates that the Subscriber will have an income of
      at
      least $200,000 during the present year and the next year;

    

    (c)   If
      the Subscriber is a
      corporation, partnership, trust or any unincorporated association: (i) the
      person executing this Subscription Agreement does so with full right, power
      and
      authority to make this investment; (ii) that such entity was not formed for
      the
      specific purpose of making an investment in the Company; and (iii) that all
      further representations and warranties made herein are true and correct with
      respect to such corporation, partnership, trust and unincorporated
      association;

    

    (d)   The
      address set forth below
      is the Subscriber's true and correct residence or place of business, and the
      Subscriber has no present intention of becoming a resident of any other state
      or
      jurisdiction;

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    (e)   The
      Subscriber
      understands and agrees that the Company prohibits the investment of funds by
      any
      persons or entities that are acting, directly or indirectly, (i) in
      contravention of any U.S. or international laws and regulations, including
      anti-money laundering regulations or conventions, (ii) on behalf of terrorists
      or terrorist organizations, including those persons or entities that are
      included on the List of Specially Designated Nationals and Blocked Persons
      maintained by the U.S. Treasury Department's Office of Foreign Assets
      Control1 ("OFAC"), as such list may be amended from time to time,
      (iii) for a senior foreign political figure, any member of a senior foreign
      political figure’s immediate family or any close associate of a senior foreign
      political figure2, unless the Company, after being specifically
      notified by the Subscriber in writing that it is such a person, conducts further
      due diligence, and determines that such investment shall be permitted, or (iv)
      for a foreign shell bank3 (such persons or entities in (i) – (iv) are
      collectively referred to as "Prohibited Persons").

    

    (f)           The
      Subscriber represents, warrants and covenants that: (i) it is not, nor is any
      person or entity controlling, controlled by or under common control with the
      Subscriber, a Prohibited Person, and (ii) to the extent the Subscriber has
      any
      beneficial owners4, (a) it has carried out thorough due diligence to
      establish the identities of such beneficial owners, (b) based on such due
      diligence, the Subscriber reasonably believes that no such beneficial owners
      are
      Prohibited Persons, (c) it holds the evidence of such identities and status
      and
      will maintain all such evidence for at least five years from the date of the
      Subscriber's complete withdrawal from the Company, and (d) it will make
      available such information and any additional information requested by the
      Company that is required under applicable regulations.

    

    (g)           If
      any of the foregoing representations, warranties or covenants cease to be true
      or if the Company no longer reasonably believes that it has satisfactory
      evidence as to their truth, notwithstanding any other agreement to the contrary,
      the Company may, in accordance with applicable regulations, freeze the
      Subscriber's investment, either by prohibiting additional investments, declining
      or suspending any withdrawal requests and/or segregating the assets constituting
      the investment, or the Subscriber's investment may immediately be involuntarily
      withdrawn by the Company, and the Company may also be required to report such
      action and to disclose the Subscriber's identity to OFAC or other
      authority.  In the event that the Company is required to take any of
      the foregoing actions, the Subscriber understands and agrees that it shall
      have
      no claim against the Company, and its respective affiliates, directors, members,
      partners, shareholders, officers, employees and agents for any form of damages
      as a result of any of the aforementioned actions.

    

    
      
        

      

    

    1           The
      OFAC list may be accessed on the web at http://www.treas.gov/ofac.

    2           Senior
      foreign political figure means a senior official in the executive, legislative,
      administrative, military or judicial branches of a foreign government (whether
      elected or not), a senior official of a major foreign political party, or a
      senior executive of a foreign government-owned corporation.  In
      addition, a senior foreign political figure includes any corporation, business
      or other entity that has been formed by, or for the benefit of, a senior foreign
      political figure.  The immediate family of a senior foreign political
      figure typically includes the political figure’s parents, siblings, spouse,
      children and in-laws.  A close associate of a senior foreign political
      figure is a person who is widely and publicly known internationally to maintain
      an unusually close relationship with the senior foreign political figure, and
      includes a person who is in a position to conduct substantial domestic and
      international financial transactions on behalf of the senior foreign political
      figure.

    3           Foreign
      shell bank means a foreign bank without a physical presence in any country,
      but
      does not include a regulated affiliate.  A post office box or
      electronic address would not be considered a physical presence.  A
      regulated affiliate means a foreign shell bank that: (1) is an affiliate of
      a
      depository institution, credit union, or foreign bank that maintains a physical
      presence in the United States or a foreign country, as applicable; and (2)
      is
      subject to supervision by a banking authority in the country regulating such
      affiliated depository institution, credit union, or foreign bank.

    4           Beneficial
      owners will include, but not be limited to: (i) shareholders of a corporation;
      (ii) partners of a partnership; (iii) members of a limited liability company;
      (iv) investors in a fund-of-funds; (v) the grantor of a revocable or grantor
      trust; (vi) the beneficiaries of an irrevocable trust; (vii) the individual
      who
      established an IRA; (viii) the participant in a self-directed pension plan;
      (ix)
      the sponsor of any other pension plan; and (x) any person being represented
      by
      the Subscriber in an agent, representative, intermediary, nominee or similar
      capacity.  If the beneficial owner is itself an entity, the
      information and representations set forth herein must also be given with respect
      to its individual beneficial owners.  If the Subscriber is a
      publicly-traded company, it need not conduct due diligence as to its beneficial
      owners.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    (h)           The
      Subscriber agrees to indemnify and hold harmless the Company, its respective
      affiliates, directors, members, partners, shareholders, officers, employees
      and
      agents from and against any and all losses, liabilities, damages, penalties,
      costs, fees and expenses (including legal fees and disbursements) which may
      result, directly or indirectly, from any inaccuracy in or breach of any
      representation, warranty, covenant or agreement set forth in this
      Agreement.

    

    (i)   The
      Subscriber has received
      and read or reviewed, is familiar with and fully understands the documents
      furnished by the Company.  The Subscriber also fully understands this
      Subscription Agreement and the risks associated with this interest and confirms
      that all documents, records and books pertaining to the Subscriber’s investment
      in the Securities and requested by the Subscriber have been made available
      or
      delivered to the Subscriber by the Company;

    

    (j)   The
      Subscriber has had an
      opportunity to ask questions of and receive answers from, the Company or a
      person or persons acting on its behalf, concerning the terms and conditions
      of
      this investment and confirms that all documents, records and books pertaining
      to
      the investment in the Securities and requested by the Subscriber has been made
      available or delivered to the Subscriber;

    

    (k)   The
      Subscriber will be
      acquiring the Securities, and the shares of Common Stock underlying the
      Securities, solely for the Subscriber's own account, for investment and not
      with
      a view toward the resale, distribution, subdivision or fractionalization
      thereof; and the Subscriber has no present plans to enter into any such
      contract, undertaking, agreement or arrangement;

    

    (l)   The
      Subscriber acknowledges
      and understands that prior to this Offering there was no public market for
      the
      Securities and no assurance can be given that a public market will develop
      for
      the Securities offered hereby, or if developed, that it will be maintained
      so
      that any subscribers in this Offering may avail any benefit from the
      same;

    

    (m)   The
      Subscriber's compliance
      with the terms and conditions of this Subscription Agreement will not conflict
      with any instrument or agreement pertaining to the Securities or the
      transactions contemplated herein; and will not conflict in, result in a breach
      of, or constitute a default under any instrument to which the Subscriber is
      a
      party;

    

    (n)   The
      Subscriber will seek
      its own legal, tax and investment advice concerning tax implications attendant
      upon the purchase of the Securities and understands and accepts that the Company
      is relying upon this representation insofar as disclosure of tax matters is
      concerned;

    

    (o)   The
      Subscriber hereby
      acknowledges and represents that the Subscriber is aware of the information
      set
      forth in this document and in any exhibits attached hereto; and

    

    (p)   The
      foregoing
      representations and warranties are true and accurate as of the date hereof
      and
      shall be true and accurate as of the date of delivery of the subscription to
      the
      Company and shall survive such delivery.  If, in any respect, such
      representations and warranties shall not be true and accurate, the Subscriber
      shall give written notice of such fact to the Company, specifying which
      representations and warranties are not true and accurate and the reasons
      therefor.

    

    7.  Risk
      Factors.  THE SUBSCRIBER ACKNOWLEDGES THAT THERE ARE SIGNIFICANT RISKS
      ASSOCIATED WITH THE PURCHASE OF THE UNITS AND THAT SUCH SECURITIES ARE HIGHLY
      SPECULATIVE AND SHOULD NOT BE PURCHASED BY ANYONE WHO CANNOT AFFORD A TOTAL
      LOSS
      OF HIS OR HER ENTIRE INVESTMENT. The Subscriber represents and warrants
      that he or she has carefully considered and reviewed the risk factors set forth
      in the Memorandum which are hereby incorporated by reference in reaching a
      determination to purchase the Securities:

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    8.  Responsibility.  The
      Company or its officers and directors shall not be liable, responsible or
      accountable for damages or otherwise to any Subscriber for any act or omission
      performed or omitted by them in good faith and in a manner reasonably believed
      by them to be within the scope of the authority granted to them by this
      Subscription Agreement and in the best interests of the Company, provided they
      were not guilty of gross negligence, willful or wanton misconduct, fraud, bad
      faith or any other breach of fiduciary duty with respect to such acts or
      omissions.

    

    9.  Miscellaneous.

    

    (a)   The
      Company and the
      Subscriber hereby covenant that this Subscription Agreement is intended to
      and
      does contain and embody herein all of the understandings and agreements, both
      written or oral, of the Company and the Subscriber with respect to the subject
      matter of this Subscription Agreement, and that there exists no oral agreement
      or understanding, express or implied liability, whereby the absolute, final
      and
      unconditional character and nature of this Subscription Agreement shall be
      in
      any way invalidated, empowered or affected.  There are no
      representations, warranties or covenants other than those set forth
      herein.

    

    (b)   The
      headings of this
      Subscription Agreement are for convenient reference only and they shall not
      limit or otherwise affect the interpretation or effect of any terms or
      provisions hereof.

    

    (c)   This
      Subscription Agreement
      shall not be changed or terminated except as set forth herein.  All of
      the terms and provisions of this Subscription Agreement shall be binding upon
      and inure to the benefit of and be enforceable by and against the successors
      and
      assigns of the Company and the heirs, executors, administrators and assigns
      of
      the Subscriber.

    

    (d)   A
      modification or waiver of
      any of the provisions of this Subscription Agreement shall be effective only
      if
      made in writing and executed with the same formality as this Subscription
      Agreement.  The failure of either the Company or the Subscriber to
      insist upon strict performance of any of the provisions of this Subscription
      Agreement shall not be construed as a waiver of any subsequent default of the
      same or similar nature, or of any other nature or kind.

    

    (e)   The
      various provisions of
      this Subscription Agreement are severable from each other and from the other
      provisions of this Agreement, and in the event that any provision in this
      Subscription Agreement shall be held invalid or unenforceable by a court of
      competent jurisdiction, the remainder of this Subscription Agreement shall
      be
      fully effective, operative and enforceable.

    

    (f)   Pronouns
      used herein are to
      be interpreted as referring to both the masculine and feminine
      gender.

    

    (g)   This
      Subscription Agreement
      shall be construed and interpreted in accordance with the laws of the State
      of
      Nevada without reference to conflict of laws principle.  The parties
      agree that in the event of a laws controversy arising out of the interpretation,
      construction, performance or breach of this Subscription Agreement, any and
      all
      claims arising out of, or relating to, this Subscription Agreement shall be
      submitted by arbitration according to the Commercial Arbitration Rules of the
      American Arbitration Association located in New York City before a single
      arbitrator.  Notwithstanding the prior sentence, any other action
      commenced by either party herein shall be venued in the appropriate court of
      competent jurisdiction located in the county of New York, State of New
      York.

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    (h)   This
      Subscription Agreement
      may be executed in one or more counterparts each of which shall be deemed an
      original and all of which together shall be deemed to be one and the same
      instrument.

    

    THE
      SUBSCRIBER ACKNOWLEDGES THAT,
      EXCEPT AS SET FORTH IN THIS AGREEMENT, NO REPRESENTATIONS OR WARRANTIES HAVE
      BEEN MADE TO IT, OR TO ITS ADVISORS, BY THE COMPANY, OR BY ANY PERSON ACTING
      ON
      BEHALF OF THE COMPANY, WITH RESPECT TO THE INTERESTS, THE PROPOSED BUSINESS
      OF
      THE COMPANY, THE DEDUCTIBILITY OF ANY ITEM FOR TAX PURPOSES, AND/OR THE
      ECONOMIC, TAX, OR ANY OTHER ASPECTS OR CONSEQUENCES OF A PURCHASE OF AN INTEREST
      AND/OR ANY INVESTMENT IN THE COMPANY, AND THAT IT HAS NOT RELIED UPON ANY
      INFORMATION CONCERNING THE OFFERING, WRITTEN OR ORAL, OTHER THAN THAT CONTAINED
      IN THIS AGREEMENT.

    

    

    ---------------The
      rest of this page left intentionally left
      blank.------------------

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    SIGNATURE
      PAGE

    

    The
      Subscriber hereby offers to purchase and subscribe to a Unit encloses payment
      of
      $100,000 for an aggregate investment of $100,000.

     

    

    
      	 	 	 
	 	
              Signature
                of Subscriber

            	 
	 	 	 
	 	 	 
	 	 	 
	 	
              Name
                of Subscriber

            	 
	 	 	 
	 	 	 
	 	 	 
	 	
              and
                Title of Authorized Signatory

            	 
	 	
              (If
                Applicable)

            	 
	 	 	 
	 	 	 
	 	 	 
	 	
              (Print)
                Street Address - Residence

            	 
	 	 	 
	 	 	 
	 	 	 
	 	
              (Print)
                City, State and Zip Code

            	 
	 	 	 
	 	 	 
	 	
              Social
                Security/Taxpayer I.D. Number:

            	 

    

    

    

    AGREED
      TO AND ACCEPTED:

    

    As
      of
      ___________, 2006

    

    PRIORITY
      SOFTWARE, INC.

    

    

    
      	
              By:

            	 	 
	 	
              Sam
                Jankovich, Chief Executive Officer

            	 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    COMPLETE
      “SUBSCRIBER QUESTIONNAIRE” BELOW;

    PROVIDE
      REQUISITE ADDITIONAL INFORMATION

    

    SUBSCRIBER
      QUESTIONNAIRE

    

    

    PERSONAL
      DATA.

    

    
      	 	 	 
	
              Full
                Name

            	 	
              Residence
                Telephone (Area Code Number)

            
	 	 	 
	 	 	
              Business
                Telephone (Area Code Number)

            
	 	 	 
	 	 	 
	 	 	 
	
              Residence
                or Principal Address (Street/City/State/Zip Code)

            	 	
              Birth
                Date

            
	 	 	 
	 	 	 
	
              Mailing
                Address (if other than residence)

            	 	
              Citizenship
                (U.S./Other)

            
	 	 	 
	 	 	 
	
              Marital
                Status

            	 	
              Social
                Security/Taxpayer I.D.  Number

            
	 	 	 
	 	 	 
	
              Spouse’s
                Full Name

            	 	
              E-mail
                Address

            
	 	 	 
	 	 	 
	
              Spouse’s
                Social Security Number

            	 	
              Facsimile
                Number (Area Code/Number)

            

    

    

    ACCREDITED
      INVESTOR.  If Subscriber (or the entity on behalf of which
      Subscriber is acting) is an “accredited investor” as that term is defined in
      Rule 501(a) of Regulation D promulgated under the Act, and, as such, falls
      within at least one of the following categories, then please
INITIAL each applicable
      category.

    

    
      	
              ______

            	
              (a)

            	
              A
                bank or savings and loan association or other institution (acting
                either
                in an individual or fiduciary capacity), registered broker-dealer,
                insurance company, registered investment company, or business development
                company, or licensed “small business investment company,” or an employee
                benefit plan which either is represented in a fiduciary capacity
                by a
                bank, savings and loan association, insurance company or registered
                investment advisor, has total assets in excess of $5,000,000 or is
                self-directed and the plan’s business investments are made solely by
                accredited investors.

            

    

    

    
      	
              ____

            	
              (b)

            	
              A
                trust (i) with total assets in excess of $5,000,000, (ii) which was
                not
                formed for the specific purpose of acquiring the subject securities,
                and
                (iii) whose purchase is directed by a person who has such knowledge
                and
                experience in financial and business matters as to be capable of
                evaluating the merits and risks of the prospective
                investment.

            

    

    

    
      	
              _____

            	
              (c)

            	
              An
                organization described in Section 501(c)(3) of the Internal Revenue
                Code,
                corporation or similar business trust, or partnership, not formed
                for the
                specific purpose of acquiring the subject securities, with total
                assets in
                excess of $5,000,000.

            

    

    

    
      	
              ______

            	
              (d)

            	
              An
                entity in which all of the equity owners are “accredited
                investors.”

            

    

    

    
      	
              ______

            	
              (e)

            	
              A
                director or an executive officer of the
                Company.

            

    

    

    
      	
              ______

            	
              (f)

            	
              A
                natural person whose individual net worth, or joint net worth with
                spouse
                (if any), exceeds $1,000,000

            

    

    

    
      	
              ______

            	
              (g)

            	
              A
                natural person whose income in each of the two most recent calendar
                years
                exceeded $200,000 individually, or $300,000 jointly with spouse (if
                any),
                and who reasonably expects to reach that income level in the current
                year.

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