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      REGISTRATION
        RIGHTS AGREEMENT

       

      THIS
        REGISTRATION RIGHTS AGREEMENT (this “Agreement”)
        is
        entered into as of the [     ] day of [         ],
        2008, by and among
        Corporate Acquirers, Inc., a Delaware corporation (the “Company”),
        and
        the undersigned parties listed under Investors on the signature page hereto
        (each, an “Investor”
and
        collectively, the “Investors”).

       

      WHEREAS,
        the Investors currently hold all of the issued and outstanding securities
        of the
        Company;

       

      WHEREAS,
        one of the Investors currently holds an aggregate of 3,000,000 warrants
        (“Warrants”),
        exercisable into an aggregate of 3,000,000 shares of the Common Stock (as
        defined below) (“Warrant
        Shares”),
        each
        of the Warrants and the Warrant Shares shall be referred to herein as the
        “Warrant
        Securities”;

       

      WHEREAS,
        the Investors and the Company desire to enter into this Agreement to provide
        the
        Investors with certain rights relating to the registration of shares of Common
        Stock and Warrant Securities held by them;

       

      NOW,
        THEREFORE, in consideration of the mutual covenants and agreements set forth
        herein, and for other good and valuable consideration, the receipt and
        sufficiency of which are hereby acknowledged, the parties hereto agree as
        follows:

       

      1.     DEFINITIONS.
        The
        following capitalized terms used herein have the following
        meanings:

       

      “Agreement”
means
        this Agreement, as amended, restated, supplemented, or otherwise modified
        from
        time to time.

       

      “Business
        Combination”
means
        the initial acquisition of one or more operating businesses or assets with
        a
        fair market vale of at least 80% of the Company’s net assets at the time of the
        acquisition through a
        merger,
        capital stock exchange, asset or stock acquisition, stock purchase, joint
        venture or other similar business combination with one or more domestic or
        international operating businesses.

       

      “Commission”
means
        the Securities and Exchange Commission, or any other federal agency then
        administering the Securities Act or the Exchange Act.

       

      “Common
        Stock”
means
        the common stock, par value $0.0001 per share, of the Company.

       

      “Company”
is
        defined in the preamble to this Agreement.

       

       “Demand
        Registration”
refers
        to the right of the Investors set forth in Section 2.1.1. hereof to have
        its
        Registrable Securities registered pursuant hereto.

       

       “Demanding
        Holder”
is
        defined in Section 2.1.1.

       

      
        
          
          

        

        
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       “Exchange
        Act”
means
        the Securities Exchange Act of 1934, as amended, and the rules and regulations
        of the Commission promulgated thereunder, all as the same shall be in effect
        at
        the time.

       

       “Form
        S-3”
is
        defined in Section 2.2.4.

       

       “Indemnified
        Party”
is
        defined in Section 4.3.

       

       “Indemnifying
        Party”
is
        defined in Section 4.3.

       

       “Investor”
is
        defined in the preamble to this Agreement.

       

       “Investor
        Indemnified Party”
is
        defined in Section 4.1.

       

       “Maximum
        Number of Shares”
is
        defined in Section 2.1.4.

       

       “Notices”
is
        defined in Section 6.3.

       

       “Piggyback
        Registration”
is
        defined in Section 2.2.1.

       

      “Purchase
        Option”
means
        the option to purchase 500,000 units, each unit consisting of one share of
        Common Stock and one Common Stock purchase warrant, issued to Deutsche Bank
        Securities Inc. and Pali Capital, Inc. or their registered assignees in
        connection with the Company’s initial public offering or securities (as may be
        transferred from time to time in accordance with its terms). 

       

      “Purchase
        Option Securities”
means
        the securities underlying the Purchase Option that have been granted
        registration rights by the Company pursuant to the Purchase Option.

       

      “Register,”
        “registered”
and
        “registration”
mean
        a
        registration with respect to the Registrable Securities effected by preparing
        and filing a registration statement or similar document in compliance with
        the
        requirements of the Securities Act, and the applicable rules and regulations
        promulgated thereunder, and such registration statement becoming
        effective.

       

       “Registrable
        Securities”
mean
        the 2,875,000 shares of Common Stock, 3,000,000 Warrants and 3,000,000
        Warrant Shares owned or held by Investors prior to consummation of the Company’s
        initial public offering of securities, in each case that are eligible for
        registration under the Securities Act and the terms of the Securities Escrow
        Agreement. Registrable Securities include any warrants, shares of capital
        stock
        or other securities of the Company issued as a dividend or other distribution
        with respect to or in exchange for or in replacement of such Registrable
        Securities. As to any particular Registrable Securities, such securities
        shall
        cease to be Registrable Securities when: (a) a Registration Statement with
        respect to the sale of such securities shall have become effective under
        the
        Securities Act and such securities shall have been sold, transferred, disposed
        of or exchanged in accordance with such Registration Statement; (b) such
        securities shall have been otherwise transferred, new certificates for them
        not
        bearing a legend restricting further transfer shall have been delivered by
        the
        Company and subsequent public distribution of them shall not require
        registration under the Securities Act; (c) such securities shall have ceased
        to
        be outstanding, or (d) the Securities and Exchange Commission makes a definitive
        determination to the Company that the Registrable Securities are saleable
        under
        Rule 144.

       

      
        
          
          

        

        
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       “Registration
        Statement”
means
        a
        registration statement filed by the Company with the Commission in compliance
        with the Securities Act and the rules and regulations promulgated thereunder
        for
        a public offering and sale of Common Stock (other than a registration statement
        on Form S-4 or Form S-8, or any successor forms, or any registration statement
        covering only securities proposed to be issued in exchange for securities
        or
        assets of another entity).

       

       “Release
        Date I”
means
        the date on which shares of Common Stock are disbursed from escrow pursuant
        to
        Section 3 of the Securities Escrow Agreement.

       

      “Release
        Date II”
means
        the date on which the Warrants are disbursed from escrow pursuant to Section
        3
        of the Securities Escrow Agreement.

       

      “Securities
        Act”
means
        the Securities Act of 1933, as amended, and the rules and regulations of
        the
        Commission promulgated thereunder, all as the same shall be in effect at
        the
        time.

       

      “Securities
        Escrow Agreement”
means
        that certain securities escrow agreement, dated as of [ ], 2008, by and among
        the Company, the parties named hereto and American Stock Transfer & Trust
        Company.

       

      “Underwriter”
means
        a
        securities dealer who purchases any Registrable Securities as principal in
        an
        underwritten offering and not as part of such dealer’s market-making
        activities.

       

      2.      REGISTRATION
        RIGHTS.

       

      2.1         Demand
        Registration.

       

      2.1.1.  Request
        for Registration.
        At any
        time and from time to time on or after each of Release Date I as it relates
        to
        the 2,875,000 shares of Common Stock, which will not be before one year from
        the
        consummation of the initial Business Combination, and Release Date II as
        it
        relates to the Warrant Securities, which will not be before the business
        day
        following the consummation of the initial Business Combination, as applicable,
        the holders of a majority-in-interest of the 2,875,000 shares of Common Stock
        or
        the 3,000,000 Warrant Securities, as the case may be, held by the Investors
        or
        the transferees of the Investors, may make a written demand for registration
        under the Securities Act of all or part of their Registrable Securities (a
        “Demand
        Registration”).
        Any
        demand for a Demand Registration shall specify the number and type of
        Registrable Securities proposed to be sold and the intended method(s) of
        distribution thereof. The Company will notify all holders of Registrable
        Securities of the demand within ten (10) days from the receipt of the Demand
        Registration, and each holder of Registrable Securities who wishes to include
        all or a portion of such holder’s Registrable Securities in the Demand
        Registration (each such holder including Registrable Securities in such Demand
        Registration, a “Demanding
        Holder”)
        shall
        so notify the Company within fifteen (15) days after the receipt by the holder
        of the notice from the Company. Upon any such request, the Demanding Holders
        shall be entitled to have their Registrable Securities included in the Demand
        Registration, subject to Section 2.1.4 and the provisos set forth in Section
        3.1.1. The Company shall not be obligated to effect more than an aggregate
        of
        two (2) Demand Registrations with respect to the 2,875,000 shares of Common
        Stock and two (2) Demand Registrations with respect to the Warrant Securities
        under this Section 2.1.1 in respect of Registrable Securities. In no event
        shall
        a registration statement that has been filed with respect to the Warrant
        Securities be declared effective until the Company has completed its initial
        Business Combination.

       

      
        
          
          

        

        
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      2.1.2. Effective
        Registration.
        A
        registration will not count as a Demand Registration until the Registration
        Statement filed with the Commission with respect to such Demand Registration
        has
        been declared effective and the Company has complied with all of its obligations
        under this Agreement or otherwise with respect thereto; provided,
        however,
        if,
        after such Registration Statement has been declared effective, the offering
        of
        Registrable Securities pursuant to a Demand Registration is interfered with
        by
        any stop order or injunction of the Commission or any other governmental
        agency
        or court, the Registration Statement with respect to such Demand Registration
        will be deemed not to have been declared effective, unless and until (i)
        such
        stop order or injunction is removed, rescinded or otherwise terminated, and
        (ii)
        a majority-in-interest of the Demanding Holders thereafter elect to continue
        the
        offering; provided,
        further,
        that
        the Company shall not be obligated to file a second Registration Statement
        until
        a Registration Statement that has been filed is counted as a Demand Registration
        or is terminated.

       

      2.1.3. Underwritten
        Offering.
        If a
        majority-in-interest of the Demanding Holders so elect and such holders so
        advise the Company as part of their written demand for a Demand Registration,
        the offering of such Registrable Securities pursuant to such Demand Registration
        shall be in the form of an underwritten offering. In such event, the right
        of
        any holder of Registrable Securities to include its Registrable Securities
        in
        such registration shall be conditioned upon such holder’s participation in such
        underwriting and the inclusion of such holder’s Registrable Securities in the
        underwriting to the extent provided herein. All Demanding Holders proposing
        to
        distribute their securities through such underwriting shall enter into an
        underwriting agreement in customary form with the Underwriter or Underwriters
        selected for such underwriting by a majority-in-interest of the holders
        initiating the Demand Registration.

       

      2.1.4. Reduction
        of Offering.
        If the
        managing Underwriter or Underwriters for a Demand Registration that is to
        be an
        underwritten offering advises the Company and the Demanding Holders in writing
        that the dollar amount or number of Registrable Securities which the Demanding
        Holders desire to sell, taken together with all other shares of Common Stock
        or
        other securities which the Company desires to sell and the shares of Common
        Stock or other securities, if any, as to which registration has been requested
        pursuant to written contractual piggyback registration rights held by other
        security holders of the Company who desire to sell, exceeds the maximum dollar
        amount or maximum number of securities that can be sold in such offering
        without
        adversely affecting the proposed offering price, the timing, the distribution
        method, or the probability of success of such offering (such maximum dollar
        amount or maximum number of securities, as applicable, the “Maximum
        Number of Shares”),
        then
        the Company shall include in such registration: (i) first, the Registrable
        Securities as to which Demand Registration has been requested by the Demanding
        Holders (pro
        rata
        in
        accordance with the number of Registrable Securities which such Demanding
        Holders have requested be included in such registration, regardless of the
        number of shares of Registrable Securities held by each Demanding Holder)
        that
        can be sold without exceeding the Maximum Number of Shares; (ii) second, to
        the extent that the Maximum Number of Shares has not been reached under the
        foregoing clause (i), the shares of Common Stock or other securities that
        the
        Company desires to sell that can be sold without exceeding the Maximum Number
        of
        Shares; (iii) third, to the extent that the Maximum Number of Shares has
        not
        been reached under the foregoing clauses (i) and (ii), the shares of Common
        Stock or other securities for the account of other persons that the Company
        is
        obligated to register pursuant to written contractual arrangements with such
        persons and that can be sold without exceeding the Maximum Number of Shares;
        and
        (iv) fourth, to the extent that the Maximum Number of Shares has not been
        reached under the foregoing clauses (i), (ii), and (iii), the shares of Common
        Stock or other securities that other security holders desire to sell that
        can be
        sold without exceeding the Maximum Number of Shares.

       

      
        
          
          

        

        
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      2.1.5.  Withdrawal.
        If a
        majority-in-interest of the Demanding Holders disapprove of the terms of
        any
        underwriting or are not entitled to include all of their Registrable Securities
        in any offering, such majority-in-interest of the Demanding Holders may elect
        to
        withdraw from such offering by giving written notice to the Company and the
        Underwriter or Underwriters of their request to withdraw prior to the
        effectiveness of the Registration Statement filed with the Commission with
        respect to such Demand Registration. In such event, the Company need not
        seek
        effectiveness of such Registration Statement for the benefit of other Investors,
        unless otherwise required to do so. If the majority-in-interest of the Demanding
        Holders withdraws from a proposed offering relating to a Demand Registration,
        then such registration shall not count as a Demand Registration provided
        for in
        Section 2.1.1, provided that the majority-in-interest of the Demanding Holders
        electing to so withdraw from the offering pays all costs and expenses incurred
        by the Company in connection with such withdrawn Demand Registration. If
        the
        majority-in-interest of the Demanding Holders does not pay all costs and
        expenses incurred by the Company in connection with such withdrawn Demand
        Registration, then it shall count as a Demand Registration provided for in
        Section 2.1.1.

       

      2.1.6. Permitted
        Delays.
        The
        Company shall be entitled to postpone, for up to sixty (60) days, the filing
        of
        any Registration Statement under this Section 2.1, if (a) at any time prior
        to
        the filing of such Registration Statement the Company’s Board of Directors
        determines, in its good faith business judgment, that such registration and
        offering would materially and adversely affect any financing, acquisition,
        corporate reorganization, or other material transaction involving the Company,
        and (b) the Company delivers to the Demanding Holders written notice thereof
        within five (5) business days of the date of receipt of such request for
        Demand
        Registration. 

       

      2.2        Piggyback
        Registration.

       

      2.2.1. Piggyback
        Rights.
        If at
        any time on or after Release Date I as it relates to the 2,875,000 shares
        of
        Common Stock, which will not be before one year from the consummation of
        the
        initial Business Combination, and Release Date II as it relates to the Warrant
        Securities, which will not be before the business day following the consummation
        of the initial Business Combination, the Company proposes to file a Registration
        Statement under the Securities Act with respect to an offering of equity
        securities, or securities or other obligations exercisable or exchangeable
        for,
        or convertible into, equity securities, by the Company for its own account
        or
        for shareholders of the Company for their account (or by the Company and
        by
        shareholders of the Company including, without limitation, pursuant to Section
        2.1), other than a Registration Statement (i) filed in connection with any
        employee stock option or other benefit plan, 

       

      
        
          
          

        

        
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      (ii)
        for
        an exchange offer or offering of securities solely to the Company’s existing
        shareholders, (iii) for an offering of debt that is convertible into equity
        securities of the Company or (iv) for a dividend reinvestment plan, then
        the
        Company shall (x) give written notice of such proposed filing to the holders
        of
        Registrable Securities as soon as practicable but in no event less than ten
        (10)
        days before the anticipated filing date, which notice shall describe the
        amount
        and type of securities to be included in such offering, the intended method(s)
        of distribution, and the name of the proposed managing Underwriter or
        Underwriters, if any, of the offering, and (y) offer to the holders of
        Registrable Securities in such notice the opportunity to register the sale
        of
        such number of shares of Registrable Securities as such holders may request
        in
        writing within five (5) days following receipt of such notice (a “Piggyback
        Registration”).
        The
        Company shall cause such Registrable Securities to be included in such
        registration and shall use its best efforts to cause the managing Underwriter
        or
        Underwriters of a proposed underwritten offering to permit the Registrable
        Securities requested to be included in a Piggyback Registration to be included
        on the same terms and conditions as any similar securities of the Company
        and to
        permit the sale or other disposition of such Registrable Securities in
        accordance with the intended method(s) of distribution thereof. All holders
        of
        Registrable Securities proposing to distribute their securities through a
        Piggyback Registration that involves an Underwriter or Underwriters shall
        enter
        into an underwriting agreement in customary form with the Underwriter or
        Underwriters selected for such Piggyback Registration.

       

      2.2.2. Reduction
        of Offering.
        If the
        managing Underwriter or Underwriters for a Piggyback Registration that is
        to be
        an underwritten offering advises the Company and the holders of Registrable
        Securities in writing that the dollar amount or number of shares of Common
        Stock
        or other securities which the Company desires to sell, taken together with
        shares of Common Stock or other securities, if any, as to which registration
        has
        been demanded pursuant to written contractual arrangements with persons other
        than the holders of Registrable Securities hereunder, the Registrable Securities
        as to which registration has been requested under this Section 2.2, and the
        shares of Common Stock or other securities, if any, as to which registration
        has
        been requested pursuant to the written contractual piggyback registration
        rights
        of other security holders of the Company, exceeds the Maximum Number of Shares,
        then the Company shall include in any such registration:

       

      (i)     If
        the
        registration is undertaken for the Company’s account: (A) first, the shares
        of Common Stock or other securities that the Company desires to sell that
        can be
        sold without exceeding the Maximum Number of Shares; (B) second, to the extent
        that the Maximum Number of Shares has not been reached under the foregoing
        clause (A), the shares of Common Stock and other securities, if any, including
        the Registrable Securities, and Purchase Option Securities as to which
        registration has been requested pursuant to the applicable written contractual
        Piggyback registration rights of such security holders (pro
        rata
        in
        accordance with the number of shares of Common Stock or other securities
        which
        each such person has actually requested to be included in such registration,
        regardless of the number of shares of Common Stock or other securities with
        respect to which such persons have the right to request such inclusion) that
        can
        be sold without exceeding the Maximum Number of Shares; and (C) third, to
        the
        extent that the Maximum Number of shares has not been reached under the
        foregoing clauses (A) and (B), the shares of Common Stock or other securities
        for the account of other persons that the Company is obligated to register
        pursuant to written contractual Piggyback registration rights with such persons
        (pro
        rata
        in
        accordance with the number of shares of Common Stock which each such person
        has
        actually requested to be included in such registration, regardless of the
        number
        of shares of Common Stock with respect to which such persons have the right
        to
        request such inclusion) that can be sold without exceeding the Maximum Number
        of
        Shares; and

       

      
        
          
          

        

        
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      (ii)     If
        the
        registration is a “demand” registration undertaken at the demand of persons
        other than the holders of Registrable Securities or pursuant to written
        contractual arrangements with such persons, (A) first, the shares of Common
        Stock or other securities for the account of the demanding persons that can
        be
        sold without exceeding the Maximum Number of Shares; (B) second, to the extent
        that the Maximum Number of Shares has not been reached under the foregoing
        clause (A), the shares of Common Stock or other securities that the Company
        desires to sell that can be sold without exceeding the Maximum Number of
        Shares;
        (C) third, to the extent that the Maximum Number of Shares has not been reached
        under the foregoing clauses (A) and (B), the Registrable Securities and Purchase
        Option Securities as to which registration has been requested under this
        Section
        2.2 (pro
        rata
        in
        accordance with the number of shares of Registrable Securities or Purchase
        Options Securities which each such person has actually requested to be included
        in such registration, regardless of the number of shares of Common Stock
        or
        other securities with respect to which such persons have the right to request
        such inclusion by such holder); and (D) fourth, to the extent that the Maximum
        Number of Shares has not been reached under the foregoing clauses (A), (B)
        and
        (C), the shares of Common Stock or other securities for the account of other
        persons that the Company is obligated to register, if any, as to which
        registration has been requested pursuant to written contractual arrangements
        with such person that can be sold without exceeding the Maximum Number of
        Shares.

       

      2.2.3. Withdrawal.
        Any
        holder of Registrable Securities may elect to withdraw such holder’s request for
        inclusion of Registrable Securities in any Piggyback Registration by giving
        written notice to the Company of such request to withdraw prior to the
        effectiveness of the Registration Statement. The Company (whether on its
        own
        determination or as a result of the withdrawal by persons making a demand
        pursuant to written contractual obligations) may also elect to withdraw a
        registration statement at any time prior to the effectiveness of the
        Registration Statement. Notwithstanding any such withdrawal, the Company
        shall
        pay all expenses incurred by the holders of Registrable Securities in connection
        with such Piggyback Registration as provided in Section 3.3.

       

      2.2.4.  Registrations
        on Form S-3.
        The
        holders of Registrable Securities may at any time and from time to time
        beginning on or after the applicable Release Date, request in writing that
        the
        Company register the resale of any or all of such Registrable Securities
        on Form
        S-3 or any similar short-form registration which may be available at such
        time
        (“Form
        S-3”);
        provided,
        however,
        that
        the Company shall not be obligated to effect such request through an
        underwritten offering. Upon receipt of such written request, the Company
        will
        promptly give written notice of the proposed registration to all other holders
        of Registrable Securities, and, as soon as practicable thereafter, effect
        the
        registration of all or such portion of such holder’s or holders’ Registrable
        Securities as are specified in such request, together with all or such portion
        of the Registrable Securities of any other holder or holders joining in such
        request as are specified in a written request given within fifteen (15) days
        after receipt of such written notice from the Company. Registrations effected
        pursuant to this Section 2.2 shall not be counted as Demand Registrations
        effected pursuant to Section 2.1.

       

      
        
          
          

        

        
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      2.2.5. Permitted
        Delays.
        The
        Company shall be entitled to postpone, for up to sixty (60) days, the filing
        of
        any Registration Statement under this Section 2.2, if (a) at any time prior
        to
        the filing of such Registration Statement the Company’s Board of Directors
        determines, in good faith business judgment, that such registration and offering
        would materially and adversely affect any financing, acquisition, corporate
        reorganization, or other material transaction involving the Company, and
        (b) the
        Company delivers to the holder of the Registrable Securities requesting a
        Piggyback Registration, written notice thereof within five (5) business days
        of
        the date of receipt of such request for Piggyback Registration

       

      2.3 No
        Net
        Cash Settlement Value.
        In
        connection with the exercise of the Warrants, the Company will not be obligated
        to deliver securities, and there are no contractual penalties for failure
        to
        deliver securities, if a registration statement is not effective at the time
        of
        exercise; however, the Company may satisfy its obligation by delivering
        unregistered shares of Common Stock.  In no event will the Company be
        required to net cash settle an exercise of a Warrant.

       

      3.     REGISTRATION
        PROCEDURES.

       

      3.1          Filings;
        Information.
        Whenever the Company is required to effect the registration of any Registrable
        Securities pursuant to Section 2, the Company shall use its best efforts
        to
        effect the registration and sale of such Registrable Securities in accordance
        with the intended method(s) of distribution thereof as expeditiously as
        practicable; provided that, under no circumstances shall the Company effect
        registration of the Warrants or Warrant Shares pursuant to Section 2 unless
        at
        the time of such registration, a registration statement relating to the shares
        of Common Stock issuable upon exercise of the public Warrants sold in the
        IPO is
        effective and a prospectus relating to such shares is available for use by
        the
        public Warrant holders. In connection with any such request:

       

      3.1.1. Filing
        Registration Statement.
        The
        Company shall, as expeditiously as possible and in any event within sixty
        (60)
        days after receipt of a request for a Demand Registration pursuant to Section
        2.1, prepare and file with the Commission a Registration Statement on any
        form
        for which the Company then qualifies or which counsel for the Company shall
        deem
        appropriate and which form shall be available for the sale of all Registrable
        Securities to be registered thereunder in accordance with the intended method(s)
        of distribution thereof, and shall use its best efforts to cause such
        Registration Statement to become and remain effective for the period required
        by
        Section 3.1.3; provided
        ,
however
        , that
        the Company shall have the right to defer any Demand Registration for up
        to
        thirty (30) days, and any Piggyback Registration for such period as may be
        applicable to deferment of any demand registration to which such Piggyback
        Registration relates, in each case if the Company shall furnish to the holders
        a
        certificate signed by the Chief Executive Officer of the Company stating
        that,
        in the good faith judgment of the Board of Directors of the Company, it would
        be
        materially detrimental to the Company and its stockholders for such Registration
        Statement to be effected at such time; provided
        further, however
        , that
        the Company shall not have the right to exercise the right set forth in the
        immediately preceding proviso more than once in any 365-day period in respect
        of
        a Demand Registration hereunder.

       

      
        
          
          

        

        
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      3.1.2. Copies.
        The
        Company shall, prior to filing a Registration Statement or prospectus, or
        any
        amendment or supplement thereto, furnish without charge to the holders of
        Registrable Securities included in such registration, and such holders’ legal
        counsel, copies of such Registration Statement as proposed to be filed, each
        amendment and supplement to such Registration Statement (in each case including
        all exhibits thereto and documents incorporated by reference therein), the
        prospectus included in such Registration Statement (including each preliminary
        prospectus), and such other documents as the holders of Registrable Securities
        included in such registration or legal counsel for any such holders may request
        in order to facilitate the disposition of the Registrable Securities owned
        by
        such holders.

       

      3.1.3. Amendments
        and Supplements.
        The
        Company shall prepare and file with the Commission such amendments, including
        post-effective amendments, and supplements to such Registration Statement
        and
        the prospectus used in connection therewith as may be necessary to keep such
        Registration Statement effective and in compliance with the provisions of
        the
        Securities Act until all Registrable Securities and other securities covered
        by
        such Registration Statement have been disposed of in accordance with the
        intended method(s) of distribution set forth in such Registration Statement
        (which period shall not exceed the sum of one hundred eighty (180) days plus
        any
        period during which any such disposition is interfered with by any stop order
        or
        injunction of the Commission or any governmental agency or court) or such
        securities have been withdrawn.

       

      3.1.4. Notification.
        After
        the filing of a Registration Statement, the Company shall promptly, and in
        no
        event more than two (2) business days after such filing, notify the holders
        of
        Registrable Securities included in such Registration Statement of such filing,
        and shall further notify such holders promptly and confirm such advice in
        writing in all events within two (2) business days of the occurrence of any
        of
        the following: (i) when such Registration Statement becomes effective; (ii)
        when
        any post-effective amendment to such Registration Statement becomes effective;
        (iii) the issuance or threatened issuance by the Commission of any stop order
        (and the Company shall take all actions required to prevent the entry of
        such
        stop order or to remove it if entered); and (iv) any request by the Commission
        for any amendment or supplement to such Registration Statement or any prospectus
        relating thereto or for additional information or of the occurrence of an
        event
        requiring the preparation of a supplement or amendment to such prospectus
        so
        that, as thereafter delivered to the purchasers of the securities covered
        by
        such Registration Statement, such prospectus will not contain an untrue
        statement of a material fact or omit to state any material fact required
        to be
        stated therein or necessary to make the statements therein not misleading,
        and
        promptly make available to the holders of Registrable Securities included
        in
        such Registration Statement any such supplement or amendment; except that
        before
        filing with the Commission a Registration Statement or prospectus or any
        amendment or supplement thereto, including documents incorporated by reference,
        the Company shall furnish to the holders of Registrable Securities included
        in
        such Registration Statement and to the legal counsel for any such holders,
        copies of all such documents proposed to be filed sufficiently in advance
        of
        filing to provide such holders and legal counsel with a reasonable opportunity
        to review such documents and comment thereon, and the Company shall not file
        any
        Registration Statement or prospectus or amendment or supplement thereto,
        including documents incorporated by reference, to which such holders or their
        legal counsel shall object.

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      3.1.5. State
        Securities Laws Compliance.
        The
        Company shall use its best efforts to (i) register or qualify the Registrable
        Securities covered by the Registration Statement under such securities or
“blue
        sky” laws of such jurisdictions in the United States as the holders of
        Registrable Securities included in such Registration Statement (in light
        of
        their intended plan of distribution) may request and (ii) take such action
        necessary to cause such Registrable Securities covered by the Registration
        Statement to be registered with or approved by such other Governmental
        Authorities as may be necessary by virtue of the business and operations
        of the
        Company and do any and all other acts and things that may be necessary or
        advisable to enable the holders of Registrable Securities included in such
        Registration Statement to consummate the disposition of such Registrable
        Securities in such jurisdictions; provided,
        however,
        the
        Company shall not be required to qualify generally to do business in any
        jurisdiction where it would not otherwise be required to qualify but for
        this
        Section 3.1.5 or subject itself to taxation in any such
        jurisdiction.

       

      3.1.6. Agreements
        for Disposition.
        The
        Company shall enter into customary agreements (including, if applicable,
        an
        underwriting agreement in customary form) and take such other actions as
        are
        reasonably required in order to expedite or facilitate the disposition of
        such
        Registrable Securities. The representations, warranties and covenants of
        the
        Company in any underwriting agreement which are made to or for the benefit
        of
        any Underwriters, to the extent applicable, shall also be made to and for
        the
        benefit of the holders of Registrable Securities included in such registration
        statement. No holder of Registrable Securities included in such registration
        statement shall be required to make any representations or warranties in
        the
        underwriting agreement except, if applicable, with respect to such holder’s
        organization, good standing, authority, title to Registrable Securities,
        lack of
        conflict of such sale with such holder’s material agreements and organizational
        documents, and with respect to written information relating to such holder
        that
        such holder has furnished in writing expressly for inclusion in such
        Registration Statement. Holders of Registrable Securities shall agree to
        such
        covenants and indemnification and contribution obligations for selling
        stockholders as are customarily contained in agreements of that type. Further,
        such holders shall cooperate fully in the preparation of the registration
        statement and other documents relating to any offering in which they include
        securities pursuant to Section 2 hereof; provided, however, that such
        cooperation shall be limited to furnishing to the Company such information
        regarding itself, the Registrable Securities held by such holder and the
        intended method of disposition of such securities as shall be reasonably
        required to effect the registration of the Registrable Securities.

       

      3.1.7. Cooperation.
        The
        principal executive officer of the Company, the principal financial officer
        of
        the Company, the principal accounting officer of the Company and all other
        officers and members of the management of the Company shall cooperate fully
        in
        any offering of Registrable Securities hereunder, which cooperation shall
        include, without limitation, the preparation of the Registration Statement
        with
        respect to such offering and all other offering materials and related documents,
        and participation in meetings with Underwriters, attorneys, accountants and
        potential investors.

       

      3.1.8.  Records.
        The
        Company shall make available for inspection by the holders of Registrable
        Securities included in such Registration Statement, any Underwriter
        participating in any disposition pursuant to such registration statement
        and any
        attorney, accountant or other professional retained by any holder of Registrable
        Securities included in such Registration Statement or any Underwriter, all
        financial and other records, pertinent corporate documents and properties
        of the
        Company, as shall be necessary to enable them to exercise their due diligence
        responsibility, and cause the Company’s officers, directors and employees to
        supply all information requested by any of them in connection with such
        Registration Statement.

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

      3.1.9. Opinions
        and Comfort Letters.
        The
        Company shall furnish to each holder of Registrable Securities included in
        any
        Registration Statement a signed counterpart, addressed to such holder, of
        (i)
        any opinion of counsel to the Company delivered to any Underwriter and (ii)
        any
        comfort letter from the Company’s independent public accountants delivered to
        any Underwriter. In the event no legal opinion is delivered to any Underwriter,
        the Company shall furnish to each holder of Registrable Securities included
        in
        such Registration Statement, at any time that such holder elects to use a
        prospectus, an opinion of counsel to the Company to the effect that the
        Registration Statement containing such prospectus has been declared effective
        and that no stop order is in effect.

       

      3.1.10. Earnings
        Statement.
        The
        Company shall comply with all applicable rules and regulations of the Commission
        and the Securities Act, and make available to its stockholders, as soon as
        practicable, an earnings statement covering a period of twelve (12) months,
        beginning within three (3) months after the effective date of the registration
        statement, which earnings statement shall satisfy the provisions of Section
        11(a) of the Securities Act and Rule 158 thereunder.

       

      3.1.11. Listing.
        The
        Company shall use its best efforts to cause all Registrable Securities included
        in any registration to be listed on such exchanges or otherwise designated
        for
        trading in the same manner as similar securities issued by the Company are
        then
        listed or designated or, if no such similar securities are then listed or
        designated, in a manner satisfactory to the holders of a majority of the
        Registrable Securities included in such registration.

       

      3.2         Obligation
        to Suspend Distribution.
        Upon
        receipt of any notice from the Company of the happening of any event of the
        kind
        described in Section 3.1.4(iv), or, in the case of a resale registration
        on Form
        S-3 pursuant to Section 2.3 hereof, upon any suspension by the Company, pursuant
        to a written insider trading compliance program adopted by the Company’s Board
        of Directors, of the ability of all “insiders” covered by such program to
        transact in the Company’s securities because of the existence of material
        non-public information, each holder of Registrable Securities included in
        any
        registration shall immediately discontinue disposition of such Registrable
        Securities pursuant to the Registration Statement covering such Registrable
        Securities until such holder receives the supplemented or amended prospectus
        contemplated by Section 3.1.4(iv) or the restriction on the ability of
“insiders” to transact in the Company’s securities is removed, as applicable,
        and, if so directed by the Company, each such holder will deliver to the
        Company
        all copies, other than permanent file copies then in such holder’s possession,
        of the most recent prospectus covering such Registrable Securities at the
        time
        of receipt of such notice.

       

      3.3         Registration
        Expenses.
        The
        Company shall bear all costs and expenses incurred in connection with any
        Demand
        Registration pursuant to Section 2.1, any Piggyback Registration pursuant
        to
        Section 2.2, and any registration on Form S-3 effected pursuant to Section
        2.3,
        and all expenses incurred in performing or complying with its other obligations
        under this Agreement, whether or not the Registration Statement becomes
        effective, including, without limitation: (i) all registration and filing
        fees;

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

      (ii)
        fees
        and expenses of compliance with securities or “blue sky” laws (including fees
        and disbursements of counsel in connection with blue sky qualifications of
        the
        Registrable Securities); (iii) printing expenses; (iv) the Company’s internal
        expenses (including, without limitation, all salaries and expenses of its
        officers and employees); (v) the fees and expenses incurred in connection
        with
        the listing of the Registrable Securities as required by Section 3.1.11;
        (vi)
        Financial Industry Regulatory Authority (“FINRA”) fees; (vii) fees and
        disbursements of counsel for the Company and fees and expenses for independent
        certified public accountants retained by the Company (including the expenses
        or
        costs associated with the delivery of any opinions or comfort letters requested
        pursuant to Section 3.1.9); (viii) the fees and expenses of any special experts
        retained by the Company in connection with such registration and (ix) the
        fees
        and expenses of one legal counsel selected by the holders of a
        majority-in-interest of the Registrable Securities included in such
        registration. The Company shall have no obligation to pay any underwriting
        discounts or selling commissions attributable to the Registrable Securities
        being sold by the holders thereof, which underwriting discounts or selling
        commissions shall be borne solely by such holders. Additionally, in an
        underwritten offering, all selling security holders and the Company shall
        bear
        the expenses of the underwriter pro
        rata
        in
        proportion to the respective dollar amount of securities each is selling
        in such
        offering.

       

      3.4         Information.
        The
        holders of Registrable Securities shall provide such information as may
        reasonably be requested by the Company, or the managing Underwriter, if any,
        in
        connection with the preparation of any Registration Statement, including
        amendments and supplements thereto, in order to effect the registration of
        any
        Registrable Securities under the Securities Act pursuant to Section 2 and
        in
        connection with the Company’s obligation to comply with federal and applicable
        state securities laws.

       

      3.5         Holder
        Obligations.
        No
        holder of Registrable Securities may participate in any underwritten offering
        pursuant to this Section 3 unless such holder (i) agrees to sell only such
        holder’s Registrable Securities on the basis reasonably provided in any
        underwriting agreement, and (ii) completes, executes and delivers any and
        all
        questionnaires, powers of attorney, custody agreements, indemnities,
        underwriting agreements and other documents reasonably required by or under
        the
        terms of any underwriting agreement or as reasonably requested by the
        Company.

       

      4.     INDEMNIFICATION
        AND CONTRIBUTION.

       

      4.1         Indemnification
        by the Company.
        The
        Company agrees to indemnify and hold harmless each Investor and each other
        holder of Registrable Securities, and each of their respective officers,
        employees, affiliates, directors, partners, members, attorneys and agents,
        and
        each person, if any, who controls an Investor and each other holder of
        Registrable Securities (within the meaning of Section 15 of the Securities
        Act
        or Section 20 of the Exchange Act) (each, an “Investor
        Indemnified Party”),
        from
        and against any expenses, losses, judgments, claims, damages or liabilities,
        whether joint or several, arising out of or based upon any untrue statement
        (or
        allegedly untrue statement) of a material fact contained in any Registration
        Statement under which the sale of such Registrable Securities was registered
        under the Securities Act, any preliminary prospectus, final prospectus or
        summary prospectus contained in the Registration Statement, or any amendment
        or
        supplement to such Registration Statement, or arising out of or based upon
        any
        omission (or alleged omission) to state a material fact required to be stated
        therein or necessary to make the statements therein not misleading, or any
        violation by the Company of the Securities Act or any rule or regulation
        promulgated thereunder applicable to the Company and relating to action or
        inaction required of the Company in connection with any such registration;
        

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

      and
        the
        Company shall promptly reimburse the Investor Indemnified Party for any legal
        and any other expenses reasonably incurred by such Investor Indemnified Party
        in
        connection with investigating and defending any such expense, loss, judgment,
        claim, damage, liability or action; provided,
        however,
        that
        (a) the Company will not be liable in any such case to the extent that any
        such
        expense, loss, claim, damage or liability arises out of or is based upon
        (i) any
        untrue statement or allegedly untrue statement or omission or alleged omission
        made in such Registration Statement, preliminary prospectus, final prospectus,
        or summary prospectus, or any such amendment or supplement, in reliance upon
        and
        in conformity with information furnished to the Company, in writing, by such
        selling holder expressly for use therein or (ii) for the use by any selling
        holder of a prospectus in violation of any stop order or other suspension
        of the
        Registration Statement of which the Company made the selling holder aware;
        and
        (b) the foregoing indemnity shall not inure to the benefit of any Investor
        Indemnified Party if a copy of the Prospectus (as then amended or supplemented
        if the Company shall have furnished any amendments or supplements thereto)
        was
        not sent or given by or on behalf of the applicable selling holder to the
        person
        asserting such expense, loss, claim, damage or liability who purchased the
        Registrable Securities from such selling holder, if required by law so to
        have
        been delivered at or prior to the written confirmation of the sale of the
        Registrable Securities to such person, and if the Prospectus (as so amended
        or
        supplemented) would have cured the defect giving rise to such expense, loss,
        claim, damage or liability, unless such failure is the result of noncompliance
        by the Company with Section 3.1.3 hereof. The Company also shall indemnify
        any
        Underwriter of the Registrable Securities or Purchase Option Securities,
        their
        officers, employees, affiliates, directors, partners, members, attorneys
        and
        agents and each person who controls such Underwriter on substantially the
        same
        basis as that of the indemnification provided above in this Section
        4.1.

       

      4.2          
Indemnification
        by Holders of Registrable Securities.
        Each
        selling holder of Registrable Securities will, in the event that any
        registration is being effected under the Securities Act pursuant to this
        Agreement of any Registrable Securities held by such selling holder, indemnify
        and hold harmless the Company, each of its directors and officers and each
        Underwriter (if any), and each other person, if any, who controls the Company
        or
        such Underwriter within the meaning of Section 15 of the Securities Act or
        Section 20 of the Exchange Act, against any losses, claims, judgments, damages
        or liabilities, whether joint or several, insofar as such losses, claims,
        judgments, damages or liabilities (or actions in respect thereof) arise out
        of
        or are based upon any untrue statement or allegedly untrue statement of a
        material fact contained in any Registration Statement under which the sale
        of
        such Registrable Securities was registered under the Securities Act, any
        preliminary prospectus, final prospectus or summary prospectus contained
        in the
        Registration Statement, or any amendment or supplement to the Registration
        Statement, or arise out of or are based upon any omission or the alleged
        omission to state a material fact required to be stated therein or necessary
        to
        make the statement therein not misleading, if the statement or omission was
        made
        in reliance upon and in conformity with information furnished in writing
        to the
        Company by such selling holder expressly for use therein, and shall reimburse
        the Company, its directors and officers, and each such controlling person
        for
        any legal or other expenses reasonably incurred by any of them in connection
        with investigation or defending any such loss, claim, damage, liability or
        action. Each selling holder’s indemnification obligations hereunder shall be
        several and not joint and shall be limited to the amount of any net proceeds
        actually received by such selling holder in connection with the sale of the
        Registrable Securities by such selling holder pursuant to the Registration
        Statement containing such untrue statement or allegedly untrue
        statement.

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

      4.3         Conduct
        of Indemnification Proceedings.
        Promptly after receipt by any person of any notice of any loss, claim, damage
        or
        liability or any action in respect of which indemnity may be sought pursuant
        to
        Section 4.1 or 4.2, such person (the “Indemnified
        Party”)
        shall,
        if a claim in respect thereof is to be made against any other person for
        indemnification hereunder, notify such other person (the “Indemnifying
        Party”)
        in
        writing of the loss, claim, judgment, damage, liability or action; provided,
        however, that the failure by the Indemnified Party to notify the Indemnifying
        Party shall not relieve the Indemnifying Party from any liability which the
        Indemnifying Party may have to such Indemnified Party hereunder, except and
        solely to the extent the Indemnifying Party is actually prejudiced by such
        failure. If the Indemnified Party is seeking indemnification with respect
        to any
        claim or action brought against the Indemnified Party, then the Indemnifying
        Party shall be entitled to participate in such claim or action, and, to the
        extent that it elects, jointly with all other Indemnifying Parties, to assume
        control of the defense thereof with counsel satisfactory to the Indemnified
        Party. After notice from the Indemnifying Party to the Indemnified Party
        of its
        election to assume control of the defense of such claim or action, the
        Indemnifying Party shall not be liable to the Indemnified Party for any legal
        or
        other expenses subsequently incurred by the Indemnified Party in connection
        with
        the defense thereof other than reasonable costs of investigation; provided,
        however, that in any action in which both the Indemnified Party and the
        Indemnifying Party are named as defendants, the Indemnified Party shall have
        the
        right to employ separate counsel (but no more than one such separate counsel)
        to
        represent the Indemnified Party and its controlling persons who may be subject
        to liability arising out of any claim in respect of which indemnity may be
        sought by the Indemnified Party against the Indemnifying Party, with the
        fees
        and expenses of such counsel to be paid by such Indemnifying Party if, based
        upon the written opinion of counsel of such Indemnified Party, representation
        of
        both parties by the same counsel would be inappropriate due to actual or
        potential differing interests between them. No Indemnifying Party shall,
        without
        the prior written consent of the Indemnified Party, consent to entry of judgment
        or effect any settlement of any claim or pending or threatened proceeding
        in
        respect of which the Indemnified Party is or could have been a party and
        indemnity could have been sought hereunder by such Indemnified Party, unless
        such judgment or settlement includes an unconditional release of such
        Indemnified Party from all liability arising out of such claim or
        proceeding.

       

      4.4        Contribution.

       

      4.4.1.  If
        the
        indemnification provided for in the foregoing Sections 4.1, 4.2 and 4.3 is
        unavailable to any Indemnified Party in respect of any loss, claim, damage,
        liability or action referred to herein, then each such Indemnifying Party,
        in
        lieu of indemnifying such Indemnified Party, shall contribute to the amount
        paid
        or payable by such Indemnified Party as a result of such loss, claim, damage,
        liability or action in such proportion as is appropriate to the relative
        fault
        of the Indemnified Parties and the Indemnifying Parties in connection with
        the
        actions or omissions which resulted in such loss, claim, damage, liability
        or
        action, as well as any other relevant equitable considerations. The relative
        fault of any Indemnified Party and any Indemnifying Party shall be determined
        by
        reference to, among other things, whether the untrue or alleged untrue statement
        of a material fact or the omission or alleged omission to state a material
        fact
        relates to information supplied by such Indemnified Party or such Indemnifying
        Party and the parties’ relative intent, knowledge, access to information and
        opportunity to correct or prevent such statement or omission.

       

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

       

      4.4.2. The
        parties hereto agree that it would not be just and equitable if contribution
        pursuant to this Section 4.4 were determined by pro
        rata
        allocation or by any other method of allocation which does not take account
        of
        the equitable considerations referred to in the immediately preceding Section
        4.4.1. The amount paid or payable by an Indemnified Party as a result of
        any
        loss, claim, damage, liability or action referred to in the immediately
        preceding paragraph shall be deemed to include, subject to the limitations
        set
        forth above, any legal or other expenses incurred by such Indemnified Party
        in
        connection with investigating or defending any such action or claim.
        Notwithstanding the provisions of this Section 4.4, no holder of Registrable
        Securities shall be required to contribute any amount in excess of the dollar
        amount of the net proceeds (after payment of any underwriting fees, discounts,
        commissions or taxes) actually received by such holder from the sale of
        Registrable Securities which gave rise to such contribution obligation. No
        person guilty of fraudulent misrepresentation (within the meaning of Section
        11(f) of the Securities Act) shall be entitled to contribution from any person
        who was not guilty of such fraudulent misrepresentation.

       

      5.      OTHER
        COVENANTS.

       

      5.1         Rule
        144.
        The
        Company covenants that it shall file any reports required to be filed by
        it
        under the Securities Act and the Exchange Act and shall take such further
        action
        as the holders of Registrable Securities may reasonably request, all to the
        extent required from time to time to enable such holders to sell Registrable
        Securities without registration under the Securities Act within the limitation
        of the exemptions provided by Rule 144 under the Securities Act, as such
        Rules
        may be amended from time to time, or any similar Rule or regulation hereafter
        adopted by the Commission.

       

      6.     MISCELLANEOUS.

       

      6.1         Other
        Registration Rights.
        The
        Company represents and warrants that except for the securities issued or
        issuable upon exercise of the Purchase Option to be issued to Deutsche Bank
        Securities Inc. or its assigns, no person, other than a holder of the
        Registrable Securities, currently has any right to require the Company to
        register any shares of the Company’s capital stock for sale or to include shares
        of the Company’s capital stock in any registration filed by the Company for the
        sale of shares of capital stock for its own account or for the account of
        any
        other person.

       

      6.2         Assignment;
        No Third Party Beneficiaries.
        This
        Agreement and the rights, duties and obligations of the Company hereunder
        may
        not be assigned or delegated by the Company in whole or in part. This Agreement
        and the rights, duties and obligations of the holders of Registrable Securities
        hereunder may be freely assigned or delegated by such holder of Registrable
        Securities in conjunction with and to the extent of any transfer of Registrable
        Securities by any such holder in accordance with applicable law. This Agreement
        and the provisions hereof shall be binding upon and shall inure to the benefit
        of each of the parties, to Deutsche Bank Securities Inc. and Pali Capital,
        Inc.
        and their respective successors, and the permitted assigns of the Investor
        or
        holder of Registrable Securities. This Agreement is not intended to confer
        any
        rights or benefits on any persons that are not party hereto other than as
        expressly set forth in Article 4 and this Section 6.2.

       

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

       

      6.3         Notices.
        All
        notices, demands, requests, consents, approvals or other communications
        (collectively, “Notices”)
        required or permitted to be given hereunder or which are given with respect
        to
        this Agreement shall be in writing and shall be personally served, delivered
        by
        reputable air courier service with charges prepaid, or transmitted by hand
        delivery, telegram, telex or facsimile, addressed as set forth below, or
        to such
        other address as such party shall have specified most recently by written
        notice. Notice shall be deemed given on the date of service or transmission
        if
        personally served or transmitted by telegram, telex or facsimile; provided,
        that
        if such service or transmission is not on a business day or is after normal
        business hours, then such notice shall be deemed given on the next business
        day.
        Notice otherwise sent as provided herein shall be deemed given on the next
        business day following timely delivery of such notice to a reputable air
        courier
        service with an order for next-day delivery.

      

      
        	
                  To
                  the Company:

              	
                Corporate
                  Acquirers, Inc.

                126
                  E. 56th
                  Street

                New
                  York, New York 10022

                Attn:
                  G. Richard Thoman

                 

              	
                 

              
	
                 with
                  a copy to:

              	
                Ellenoff
                  Grossman & Schole LLP

                150
                  East 42nd
                  Street

                New
                  York, New York 10017

                Attn:
                  Douglas S. Ellenoff, Esq.

                 

              	
                ;
                  or

              
	
                To
                  an Investor, to:

              	
                [Name
                  of Investor]

                c/o
                  Corporate Acquirers, Inc.

                126
                  E. 56th
                  Street

                New
                  York, New York 10022

                Attn:
                  G. Richard Thoman

              	 

      

       

      6.4         Severability.
        This
        Agreement shall be deemed severable, and the invalidity or unenforceability
        of
        any term or provision hereof shall not affect the validity or enforceability
        of
        this Agreement or of any other term or provision hereof. Furthermore, in
        lieu of
        any such invalid or unenforceable term or provision, the parties hereto intend
        that there shall be added as a part of this Agreement a provision as similar
        in
        terms to such invalid or unenforceable provision as may be possible and be
        valid
        and enforceable.

       

      6.5          
Counterparts;
        Facsimile Signatures.
        This
        Agreement may be executed in counterparts, each of which when taken together
        shall be considered one and the same agreement and shall become effective
        when
        counterparts have been signed by each party and delivered to the other party,
        it
        being understood that both parties need not sign the same counterpart. In
        the
        event that any signature is delivered by facsimile transmission or by e-mail
        deliver or a “.pdf” format data file, such signature shall create a valid and
        binding obligation of the party executing (or on whose behalf such signature
        is
        executed) with the same force and effect as if such facsimile or “.pdf”
signature page were an original thereof.

       

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

       

      6.6          
Entire
        Agreement.
        This
        Agreement (including all agreements entered into pursuant hereto and all
        certificates and instruments delivered pursuant hereto and thereto) constitutes
        the entire agreement of the parties with respect to the subject matter hereof
        and supersede all prior and contemporaneous agreements, representations,
        understandings, negotiations and discussions between the parties, whether
        oral
        or written.

       

      6.7         
 Modifications
        and Amendments.
        No
        amendment, modification or termination of this Agreement shall be binding
        upon
        any party unless executed in writing by such party.

       

      6.8         Titles
        and Headings.
        Titles
        and headings of sections of this Agreement are for convenience only and shall
        not affect the construction of any provision of this Agreement.

       

      6.9         Waivers
        and Extensions.
        Any
        party to this Agreement may waive any right, breach or default which such
        party
        has the right to waive, provided that such waiver will not be effective against
        the waiving party unless it is in writing, is signed by such party, and
        specifically refers to this Agreement. Waivers may be made in advance or
        after
        the right waived has arisen or the breach or default waived has occurred.
        Any
        waiver may be conditional. No waiver of any breach of any agreement or provision
        herein contained shall be deemed a waiver of any preceding or succeeding
        breach
        thereof nor of any other agreement or provision herein contained. No waiver
        or
        extension of time for performance of any obligations or acts shall be deemed
        a
        waiver or extension of the time for performance of any other obligations
        or
        acts.

       

      6.10         Remedies
        Cumulative.
        In the
        event that the Company fails to observe or perform any covenant or agreement
        to
        be observed or performed under this Agreement, the Investor or any other
        holder
        of Registrable Securities may proceed to protect and enforce its rights by
        suit
        in equity or action at law, whether for specific performance of any term
        contained in this Agreement or for an injunction against the breach of any
        such
        term or in aid of the exercise of any power granted in this Agreement or
        to
        enforce any other legal or equitable right, or to take any one or more of
        such
        actions, without being required to post a bond. None of the rights, powers
        or
        remedies conferred under this Agreement shall be mutually exclusive, and
        each
        such right, power or remedy shall be cumulative and in addition to any other
        right, power or remedy, whether conferred by this Agreement or now or hereafter
        available at law, in equity, by statute or otherwise.

       

      6.11         Governing
        Law.
        This
        Agreement shall be governed by, interpreted under, and construed in accordance
        with the internal laws of the State of New York applicable to agreements
        made
        and to be performed within the State of New York, without giving effect to
        any
        choice-of-law provisions thereof that would compel the application of the
        substantive laws of any other jurisdiction. Each of the parties hereby agrees
        that any action, proceeding or claim against it arising out of or relating
        in
        any way to this Agreement shall be brought and enforced in the courts of
        the
        State of New York or the United States District Court for the Southern District
        of New York (each, a “New York Court”), and irrevocably submits to such
        jurisdiction, which jurisdiction shall be exclusive. Each of the parties
        hereby
        waives any objection to such exclusive jurisdiction and that such courts
        represent an inconvenient forum.

       

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

       

      6.12         Waiver
        of Trial by Jury.
        Each
        party hereby irrevocably and unconditionally waives the right to a trial
        by jury
        in any action, suit, counterclaim or other proceeding (whether based on
        contract, tort or otherwise) arising out of, connected with or relating to
        this
        Agreement, the transactions contemplated hereby, or the actions of the Investor
        in the negotiation, administration, performance or enforcement
        hereof.

       

      6.13         Separate
        Counsel. 
        The parties acknowledge that the Company has been represented in this
        transaction by Ellenoff Grossman & Schole LLP, that the Investors have not
        been represented in this transaction by the Company’s attorneys, and the
        Investors have been advised that it is important for the Investors to seek
        separate legal advise and representation in this matter.

       

      [REMAINDER
        OF PAGE INTENTIONALLY LEFT BLANK]

       

      
        
          
          

        

        
          18

          
            

          

        

        
          
          

        

      

      

       

       IN
        WITNESS WHEREOF, the parties have caused this Registration Rights Agreement
        to
        be executed and delivered by their duly authorized representatives as of
        the
        date first written above.

      
        	
                 

                 

              	
                 

                 

              	
                 

                 

              
	
                 

              	
                CORPORATE
                  ACQUIRERS, INC.

              
	
                 

                 

              	
                 

                 

              	
                 

                 

              
	
                 

              	
                By:  

              	
                ___________________________________

              
	
                 

              	
                Name:
                  G. Richard Thoman

              
	
                 

              	
                Title:
                  Chairman, Chief Executive Officer and
                  President

              

      

       

      
        
          
          

        

        
          19

          
            

          

        

        
          
          

        

      

       

       IN
        WITNESS WHEREOF, the parties have caused this Registration Rights Agreement
        to
        be executed and delivered by their duly authorized representatives as of
        the
        date first written above.

      

       

      
        	 	
                INVESTORS:

              
	 	
                CORPORATE
                  ACQUIRERS, LLC

                 

                 

                By:
                  _______________________________

                    Name:

                    Title:
                  Managing Member

                 

              
	 	
                    Address:
                  126
                  E. 56th
                  Street

                          New
                  York, New York
                  10022

              
	 	 
	 	
                 

                 

              
	 	
                ___________________________

                G.
                  Richard Thoman

              
	 	
                 

                 

              
	 	
                ___________________________

                Stephen
                  R. Wilson

              
	 	
                 

                 

              
	 	
                ___________________________

                Patrick
                  J. Martin

              
	 	
                 

                 

              
	 	
                ___________________________

                James
                  P. Schadt

              
	 	
                 

                 

              
	 	
                ____________________________

                Michael
                  Miron

              

      

      

      
        
          
          

        

        
          20

          
            

          

        

        
          
          

        

      

       

      SCHEDULE
        OF INVESTORS

       

      

      
        	
                 

                Investor

              	
                Investors
                  Address

                and
                  Facsimile Number

              
	 	 
	
                Corporate
                  Acquirers, LLC 

                Number
                  of Shares: _2,875,000__

                Number
                  of Warrants: 3,000,000

              	
                126
                  East 56th
                  Street

                New
                  York, NY 10022

                Attn:
                  Stephen R. Wilson. 

                Facsimile
                  Number: (212)
                  813-0323 

                 

              
	
                G.
                  Richard Thoman

                 

                Number
                  of Shares: 1,437,500

                Number
                  of Warrants: ____0_____

                 

              	
                126
                  East 56th
                  Street

                New
                  York, NY 10022

                Facsimile
                  Number: (212)
                  813-0323 

              
	
                Stephen
                  R. Wilson

                 

                Number
                  of Shares: _526,125____

                Number
                  of Warrants: _0________

                 

              	
                126
                  East 56th
                  Street

                New
                  York, NY 10022

                Facsimile
                  Number: (212)
                  813-0323 

              
	
                Patrick
                  J. Martin

                 

                Number
                  of Shares: _336,375___

                Number
                  of Warrants: ___0______

                 

              	
                126
                  East 56th
                  Street

                New
                  York, NY 10022

                Facsimile
                  Number: (212)
                  813-0323 

              
	
                James
                  P. Schadt

                 

                Number
                  of Shares: _287,500____

                Number
                  of Warrants: _____0____

                 

              	
                126
                  East 56th
                  Street

                New
                  York, NY 10022

                Facsimile
                  Number: (212)
                  813-0323 

              
	
                Michael
                  Miron

                 

                Number
                  of Shares: 287,500

                Number
                  of Warrants: ______0____ 

              	
                126
                  East 56th
                  Street

                New
                  York, NY 10022

                Facsimile
                  Number: (212)
                  813-0323 

              

      

       

      
        
          
          

        

        
          21Unassociated Document

     

    
      ____________,
        2008

      

      Corporate
        Acquirers, Inc.

      126
        East
        56th
        Street

      New
        York,
        NY 10022

       

      Deutsche
        Bank Securities Inc.

      60
        Wall
        Street

      New
        York,
        NY 10005

      

      Pali
        Capital, Inc.

      650
        Fifth
        Avenue

      New
        York,
        NY 10022

      

      

      Re: Initial
        Public Offering

       

      Ladies
        and Gentlemen:

       

      The
        undersigned stockholder, officer and/or director of Corporate
        Acquirers, Inc.
        (the
“Company”),
        in
        consideration of  Deutsche Bank Securities Inc.,  the representative
        of the underwriters (the “Representative”) and Pali Capital,
        Inc. (“Pali”,
        and
        together with the Representative, the “Underwriters”)
        entering into a letter of intent (the “Letter
        of Intent”)
        to
        underwrite an initial public offering (the “IPO”)
        of the
        securities of the Company and embarking on, undertaking and continuing to
        participate in the IPO process, hereby agrees as follows (certain capitalized
        terms used herein are defined in paragraph 12 hereof):

      

      1.     If
        the
        Company solicits approval of its stockholders of a Business Combination,
        the
        undersigned will: (i) vote all Insider Shares in accordance with the majority
        of
        the votes cast by the Public Stockholders,
        (ii)
        vote any IPO shares or shares of Common Stock acquired following the IPO in
        favor of the Business Combination and (iii) vote all Insider Shares, IPO
        Shares and all shares of Common Stock acquired following the IPO in favor
        of an
        amendment to the Company’s Amended and Restated Certificate of Incorporation to
        provide for perpetual existence of the Company in the event the Business
        Combination is approved.

       

      2.     (a)      In
        the
        event that the Company fails to consummate a Business Combination within
        24
        months from the effective date (the “Effective
        Date”)
        of the
        Registration Statement (the “Termination
        Date”),
        the
        undersigned shall, in accordance with all applicable requirements of the
        Delaware General Corporation Law, take all action reasonably within his power
        to
        liquidate the Company and distribute all funds held in the Trust Account
        to the
        Public Stockholders as soon as reasonably practicable following the Termination
        Date in the manner and subject to the deductions set forth in the Prospectus.
        In
        addition, from and after the Termination Date, the undersigned will, in
        accordance with the Company’s Amended and Restated Certificate of Incorporation,
        take all action reasonably within his power to limit the Company’s activities to
        winding up its affairs and to dissolving the Company and liquidating the
        Trust
        Account. 

       

       
        (b)     Except
        with respect to any of the IPO Shares acquired by the undersigned in connection
        with or following the IPO, the undersigned hereby irrevocably: (i) waives
        any and all right, title, interest, cause of action or claim of any kind
        (a
“Claim”)
        in or
        to all funds in the Trust Account and any remaining net assets of the Company
        upon liquidation of the Trust Account and dissolution of the Company;
        (ii) waives any Claim the undersigned may have in the future as a result
        of, or arising out of, 

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

      any
        contracts or agreements with the Company, which Claim would reduce, encumber
        or
        otherwise adversely affect the amounts held in the Trust Account; and
        (iii) agrees that the undersigned will not seek recourse (legal, equitable
        or otherwise) against the Trust Account for any reason whatsoever. The
        undersigned hereby agrees that he shall promptly reimburse the Trust Account
        for
        any distribution of amounts in the Trust Account received by the undersigned
        in
        respect of his Shares. For clarity, the undersigned may receive distributions
        from the Trust Account in respect of IPO Shares.

       

      3.     The
        undersigned agrees to indemnify and hold harmless the Company against any
        and
        all loss, liability, claims, damages and expense whatsoever (including, but
        not
        limited to, any and all legal or other expenses reasonably incurred in
        investigating, preparing or defending against any litigation, whether pending
        or
        threatened, or any claim whatsoever) and judgments to which the Company may
        become subject as a result of any valid claim by any creditor, service provider,
        target business or prospective target business or any vendor or other entity
        that is owed money by the Company for services rendered or products sold
        to the
        Company but only to the extent necessary to ensure that such loss, liability,
        claim damage or judgment does not reduce the amount in the Trust Account
        below
        $9.83 per IPO Share and only in the event that such creditor, service provider,
        target business or prospective target business, vendor or other entity has
        not
        executed a waiver of its rights to seek payment of amounts due to it out
        of the
        Trust Account. In the event the Company does not consummate a Business
        Combination and must distribute to its Public Stockholders the amount in
        the
        Trust Account (including any accrued interest) plus any remaining net assets,
        and if such funds are insufficient to complete such liquidation, the undersigned
        agrees to advance such funds necessary to complete such liquidation to the
        extent necessary to ensure the Company has sufficient funds to complete such
        liquidation and agrees not to seek repayment for such expenses. 

       

      4.     The
        undersigned acknowledges and agrees that the Company will not consummate
        any
        Business Combination involving a company affiliated with any of the Insiders,
        as
        defined below, unless the Company obtains an opinion from an independent
        investment banking firm reasonably acceptable to the Representative that
        the
        Business Combination is fair to the Company’s stockholders from a financial
        perspective.

       

      5.     Neither
        the undersigned, any member of the family of the undersigned, nor any Affiliate
        of the Undersigned will be entitled to receive and will not accept any
        compensation for services rendered to the Company prior to the consummation
        of
        the Business Combination; provided that the undersigned shall be entitled
        to
        reimbursement from the Company for his out-of-pocket expenses incurred in
        connection with seeking and consummating a Business Combination.

       

      6.     The
        undersigned agrees that neither the undersigned, any member of the family
        of the
        undersigned,  nor any Affiliate of the undersigned will be entitled to
        receive or accept, and the undersigned, on behalf of the undersigned and
        the
        aforementioned parties, hereby waives any rights to a finder’s fee or any other
        compensation payable by the Company in the event the undersigned, any member
        of
        the family of the undersigned or any Affiliate of the undersigned originates
        a
        Business Combination.

       

      7.     The
        undersigned’s information furnished to the Company and the Representative is
        true and accurate in all material respects, does not omit any material
        information with respect to the undersigned’s background and contains all of the
        information required to be disclosed pursuant to Section 401 of Regulation
        S-K, promulgated under the Securities Act of 1933, as amended.  The
        undersigned’s Questionnaire furnished to the Company and the Representative is
        true and accurate in all respects.  The undersigned further represents and
        warrants to the Company and the Representative that:

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

        (a)      
        No
        petition under the Federal bankruptcy laws or any state insolvency law has
        been
        filed by or against, or a receiver, fiscal agent or similar officer was
        appointed by a court for the business or property of the undersigned, at
        or
        within two (2) years prior to the date hereof;

       

       
        (b)     The
        undersigned has not been convicted in any criminal proceeding nor is
        the undersigned currently a named subject of a pending criminal proceeding
        (excluding traffic violations and other minor offenses); 

       

       
        (c)     The
        undersigned has not been the subject of any order, judgment, or decree, not
        subsequently reversed, suspended or vacated, of any court of competent
        jurisdiction, permanently or temporarily enjoining the undersigned from,
        or
        otherwise limiting, the following activities: 

       

        (i)     Acting
        as
        a futures commission merchant, introducing broker, commodity trading advisor,
        commodity pool operator, floor broker, leverage transaction merchant, any
        other
        person regulated by the Commodity Futures Trading Commission, or an associated
        person of any of the foregoing, or as an investment adviser, underwriter,
        broker
        or dealer in securities, or as an affiliated person, director or employee
        of any
        investment company, bank, savings and loan association or insurance company,
        or
        engaging in or continuing any conduct or practice in connection with such
        activity; 

       

        (ii)     Engaging
        in any type of business practice; or 

       

        (iii)     Engaging
        in
        any activity in connection with the purchase or sale of any security or
        commodity or in connection with any violation of Federal or State securities
        laws or Federal commodities laws; 

       

       
        (d)     The
        undersigned has not been the subject of any order, judgment or decree, not
        subsequently reversed, suspended or vacated, of any Federal or State authority
        barring, suspending or otherwise limiting for more than sixty (60) days the
        right of the undersigned to engage in any activity described in paragraph
        (c)(i)
        above, or to be associated with persons engaged in any such activity;

       

        
        (e)     The
        undersigned has not been found by a court of competent jurisdiction in a
        civil
        action or by the Securities and Exchange Commission to have violated any
        Federal
        or State securities law, and the judgment in such civil action or finding
        by the
        Securities and Exchange Commission has not been subsequently reversed,
        suspended, or vacated; and

       

        
        (f)     The
        undersigned has not been found by a court of competent jurisdiction in a
        civil
        action or by the Commodity Futures Trading Commission to have violated any
        Federal commodities law, and the judgment in such civil action or finding
        by the
        Commodity Futures Trading Commission has not been subsequently reversed,
        suspended or vacated. 

       

      8.     The
        undersigned will escrow his Insider Shares for the period commencing on the
        Effective Date and
        ending one (1) year following the consummation of a Business Combination,
        unless
        the Company were to consummate a transaction after the consummation of the
        initial Business Combination that results in all of the stockholders having
        the
        right to exchange their Common Stock for cash, securities or other property,
        in
        each case subject to the terms of the Securities Escrow Agreement, provided,
        however, that transfers may be made to permitted transferees, subject to
        and in
        accordance with such Securities Escrow Agreement.

      

      9.     The
        undersigned has full right and power, without violating any agreement by
        which
        the undersigned is bound, to enter into this letter agreement.

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      10.     The
        undersigned authorizes any employer, financial institution, or consumer credit
        reporting agency to release to the Representative and its legal representatives
        or agents (including any investigative search firm retained by the
        Representative) any information they may have about the undersigned’s background
        and finances (the “Information”). 
        Neither the Representative nor its agents shall be violating the undersigned’s
        right of privacy in any manner in requesting and obtaining the Information
        and
        the undersigned hereby releases the Representative from liability for any
        damage
        whatsoever in that connection.

       

      11.     The
        undersigned hereby agrees not to propose or vote in favor of, any amendment
        to
        the Company’s Amended and Restated Certificate of Incorporation that requires
        the affirmative vote of at least 95% of the Company’s outstanding Common Stock
        other than in connection with the Business Combination. This paragraph may
        not
        be modified or amended under any circumstances.

       

      12.    As
        used
        herein: (i) “Affiliate”
shall
        mean any entity or person that directly or indirectly controls, is controlled
        by
        or is under common control with, the undersigned; (ii) “Business
        Combination”
shall
        mean an acquisition, by merger, capital stock exchange, asset or stock
        acquisition, reorganization or otherwise and as otherwise described in the
        Registration Statement relating to the IPO, of an operating business selected
        by
        the Company; (iii) “Common
        Stock”
shall
        mean the common stock, par value $.0001 per share, of the Company; (iv)
“Insiders”
shall
        mean all officers, directors and stockholders of the Company immediately
        prior
        to the IPO; (v) “Insider
        Shares”
shall
        mean all of the shares of Common Stock owned by an Insider, prior to the
        IPO;
        (vi) “IPO
        Shares”
shall
        mean the shares of Common Stock issued in the Company’s IPO; (vii) “Private
        Placement”
shall
        mean the private placement of 3,000,000 warrants of the Company prior to
        the
        IPO; (viii) “Prospectus”
shall
        mean the prospectus contained in the Registration Statement; (ix) “Public
        Stockholders”
shall
        mean the holders of the securities issued by the Company in the IPO; (x)
        “Private
        Warrants” shall
        mean the 3,000,000 warrants granted to Corporate Acquirers, LLC by the Company;
        (xi) “Registration
        Statement”
shall
        mean the registration statement, No. 333-149037 on Form S-1 filed by the
        Company
        in connection with the IPO; and (xii) “Trust
        Account”
means
        the trust account in which the proceeds to the Company of the IPO will be
        deposited and held for the benefit of the holders of the IPO shares, as
        described in greater detail in the Prospectus.  

       

      13.    The
        undersigned hereby agrees that any action, proceeding or claim against the
        undersigned arising out of or relating in any way to this Agreement shall
        be
        brought and enforced in the courts of the State of New York or the United
        States
        District Court for the Southern District of New York, and irrevocably submits
        to
        such jurisdiction, which jurisdiction shall be exclusive. The undersigned
        hereby
        waives any objection to such exclusive jurisdiction and that such courts
        represent an inconvenience forum.

       

       

      

      

      ________________________________

      Stephen
        R. Wilson

       

      
        
          
          

        

        
          4

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