Document:

REGISTRATION RIGHTS AGREEMENT
	 

	 
		THIS REGISTRATION RIGHTS AGREEMENT (this
		“Agreement”) is
		entered into as of the __ day of ______, 2007, by and among Brand and Services
		Acquisition Corp., a Delaware corporation (the “Company”) and the
		undersigned parties listed under Investor 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, 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
		Founders’ Warrants 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.
	 

	 
		“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” is
		defined in Section 2.1.1.
	 

	 
		“Demanding Holder” is
		defined in Section 2.1.1.
	 

	 
		“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 2.3.
	 

	 
		“Founder Warrants” means the
		warrants being purchased privately by certain of the Investors simultaneously
		with the consummation of the Company’s initial public offering.
	 

	 
		“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.
	 

	 
		“Piggy-Back Registration” is
		defined in Section 2.2.1.
	 

	 
		“Register,” “Registered” and
		“Registration” mean a
		registration 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 (i)
		all of the shares of Common Stock owned or held by Investors prior to the
		consummation of the Company’s initial public offering or (ii) all of the
		Founder Warrants (and underlying shares of Common Stock) owned or held by
		Investors upon consummation of the Company’s initial public offering.
		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 shares of Common Stock.
		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(k).
	 

	 
		“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 their successors, or any registration
		statement covering only securities proposed to be issued in exchange for
		securities or assets of another entity).
	 

	 
		“Release Date” means the
		date on which shares of Common Stock are disbursed from escrow pursuant to
		Section 3 of that certain Securities Escrow Agreement dated as of ________,
		2007 by and among the parties hereto and Continental Stock Transfer & Trust
		Company.
	 

	 
		“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.
	 

	 
		“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.
	 

	 
		 
	 

	 
		 
	 

	 
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		2. REGISTRATION RIGHTS.
	 

	 
		2.1 Demand Registration.
	 

	 
		2.1.1. Request for Registration. At any time and from time to time on or after the date
		that is (i) after the Company consummates a business combination with respect
		to the Founder Warrants (or underlying shares of Common Stock) or (ii) the
		Release Date with respect to all Registrable Securities (to the extent not
		previously registered by the Company pursuant to the preceding subclause (i)),
		the holders of a majority-in-interest of such Founder Warrants (or underlying
		shares of Common Stock) or other Registrable 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
		Founder Warrants (or underlying shares of Common Stock) or other Registrable
		Securities, as the case may be (a “Demand Registration”). Any
		demand for a Demand Registration shall specify the number of shares 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, 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 shares of Registrable
		Securities in such 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
		three (3) Demand Registrations under this Section 2.1.1 in respect of all
		Registrable Securities.
	 

	 
		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 with respect thereto;
		provided, however, that 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 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 
	 

	 
		 
	 

	 
		 
	 

	 
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		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 shares
		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, if any, as to which
		registration has been requested pursuant to written contractual piggy-back
		registration rights held by other stockholders of the Company who desire to
		sell, exceeds the maximum dollar amount or maximum number of shares 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 shares, 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 shares that each such Person
		has requested be included in such registration, regardless of the number of
		shares held by each such Person (such proportion is referred to herein as
		“Pro Rata”)) 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; and (iii) third, to the extent that the Maximum Number of Shares
		have 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.
	 

	 
		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. 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.
	 

	 
		2.2 Piggy-Back Registration.
	 

	 
		2.2.1. Piggy-Back Rights. If at any time on or after the date the Company
		consummates a 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 stockholders of the Company for their account (or by the Company and by
		stockholders 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, (ii) for an exchange offer or
		offering of securities solely to the Company’s 
	 

	 
		 
	 

	 
		 
	 

	 
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		existing stockholders, (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 “Piggy-Back 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 Piggy-Back Registration 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 Piggy-Back
		Registration that involves an Underwriter or Underwriters shall enter into an
		underwriting agreement in customary form with the Underwriter or Underwriters
		selected for such Piggy-Back Registration.
	 

	 
		2.2.2. Reduction of Offering. If the managing Underwriter or Underwriters for a
		Piggy-Back 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 which the Company desires to sell,
		taken together with shares of Common Stock, 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, if any, as to which registration has been
		requested pursuant to the written contractual piggy-back registration rights of
		other stockholders of the Company, exceeds the Maximum Number of Shares, then
		the Company shall include in any such registration:
	 

	 
		a) 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 or other securities, if any, comprised of Registrable Securities,
		as to which registration has been requested pursuant to the applicable written
		contractual piggy-back registration rights of such security holders, Pro Rata,
		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 piggy-back registration rights with such
		persons and that can be sold without exceeding the Maximum Number of Shares;
		and
	 

	 
		b) If the registration is a
		“demand” registration undertaken at the demand of persons other than
		the holders of Registrable Securities, (A) first, the shares of Common Stock or
		other securities for the account of the demanding persons that can be 
	 

	 
		 
	 

	 
		 
	 

	 
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		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), collectively the shares of Common Stock or other securities comprised
		of Registrable Securities, Pro Rata, as to which registration has been
		requested pursuant to the terms hereof that can be sold without exceeding the
		Maximum Number of Shares; 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 pursuant to written contractual
		arrangements with such persons, 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 Piggy-Back 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 the result of a withdrawal by persons making a demand
		pursuant to written contractual obligations) may 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
		Piggy-Back Registration as provided in Section 3.3.
	 

	 
		2.3 Registrations on Form S-3. The holders of Registrable Securities may at any time
		and from time to time, 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 or other securities of the Company, if any, 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;
		provided, however, that the Company shall not be obligated to effect any such
		registration pursuant to this Section 2.3: (i) if Form S-3 is not available for
		such offering; or (ii) if the holders of the Registrable Securities, together
		with the holders of any other securities of the Company entitled to inclusion
		in such registration, propose to sell Registrable Securities and such other
		securities (if any) at any aggregate price to the public of less than $500,000.
		Registrations effected pursuant to this Section 2.3 shall not be counted as
		Demand Registrations effected pursuant to Section 2.1.
	 

	 
		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 
	 

	 
		 
	 

	 
		 
	 

	 
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		effect the registration and sale of such
		Registrable Securities in accordance with the intended method(s) of
		distribution thereof as expeditiously as practicable, and in connection with
		any such request:
	 

	 
		3.1.1. Filing Registration Statement. The Company shall, as expeditiously as possible and in
		any event within 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 effective and use its
		best efforts to keep it 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 Piggy-Back Registration for
		such period as may be applicable to deferment of any demand registration to
		which such Piggy-Back Registration relates, in each case if the Company shall
		furnish to the holders a certificate signed by the Chief Executive Officer or
		Vice Chairman 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.
	 

	 
		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 
	 

	 
		 
	 

	 
		 
	 

	 
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		(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.
	 

	 
		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, that 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 paragraph 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 
	 

	 
		 
	 

	 
		 
	 

	 
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		relating to such holder that such holder has
		furnished in writing expressly for inclusion in such Registration
		Statement.
	 

	 
		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.
	 

	 
		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 
	 

	 
		 
	 

	 
		 
	 

	 
		9
	 

	 
		 
	 

	 
	 

	 

	 
		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
		Piggy-Back 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; (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) National
		Association of Securities Dealers, Inc. 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 by such
		holders. Additionally, in an underwritten offering, all selling stockholders
		and the Company shall bear the expenses of the underwriter pro rata in
		proportion to the respective amount of shares 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.
	 

	 
		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 
	 

	 
		 
	 

	 
		 
	 

	 
		10
	 

	 
		 
	 

	 
	 

	 

	 
		(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; 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 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 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. The
		Company also shall indemnify any Underwriter of the Registrable Securities,
		their officers, affiliates, directors, partners, members 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 selling holder and each other person, if any, who controls another
		selling holder or such underwriter within the meaning of the Securities 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 other selling holder or 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.
	 

	 
		 
	 

	 
		 
	 

	 
		11
	 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		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
		wishes, 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 reflect 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.
	 

	 
		 
	 

	 
		 
	 

	 
		12
	 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		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
	 

	 
		4.4.3. 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. UNDERWRITING AND DISTRIBUTION.
	 

	 
		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 no person,
		other than a holder of the Registrable Securities, 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. This Agreement
		and the provisions hereof shall be binding upon and shall inure to the benefit
		of each of the parties, to ThinkEquity Parnters LLC and its successors and the
		permitted assigns of the Investor or holder of Registrable Securities or of any
		assignee 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.
	 

	 
		 
	 

	 
		 
	 

	 
		13
	 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		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:
	 

	 
		Brand and Services Acquisition Corp.
	 

	 
		401 East Las Olas Boulevard, Suite
		1220
	 

	 
		Fort Lauderdale, FL 33301
	 

	 
		Attn: President
	 

	 
		with a copy to:
	 

	 
		Mintz Levin Cohn Ferris Glovsky and Popeo,
		PC
	 

	 
		The Chrysler Building
	 

	 
		666 Third Avenue 
	 

	 
		New York NY 10174
	 

	 
		Attn: Jeffrey P. Schultz, Esq.
	 

	 
		To an Investor, to:
	 

	 
		BCM Equity Partners LLC 
	 

	 
		 712 Fifth Avenue, 49th
		Floor
	 

	 
		New York, NY 10019;
	 

	 
		NRC V, LLC
	 

	 
		401 East Las Olas Boulevard, Suite
		1220
	 

	 
		Fort Lauderdale, FL 33301;
	 

	 
		Michael Rapoport
	 

	 
		712 Fifth Avenue, 49th
		Floor
	 

	 
		New York, NY 10019;
	 

	 
		Steven R. Berrard
	 

	 
		401 East Las Olas Boulevard, Suite
		1220
	 

	 
		 Fort Lauderdale, FL 33301; 
	 

	 
		Thomas C. Byrne
	 

	 
		401 East Las Olas Boulevard, Suite
		1220
	 

	 
		 
	 

	 
		 
	 

	 
		14
	 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		Fort Lauderdale, FL 33301;
	 

	 
		Thomas E. Aucamp
	 

	 
		401 East Las Olas Boulevard, Suite
		1220
	 

	 
		Fort Lauderdale, FL 33301;
	 

	 
		Philip Wagenheim
	 

	 
		712 Fifth Avenue, 49th
		Floor
	 

	 
		New York, NY 10019; 
	 

	 
		Clifford W. Chapman, Jr.
	 

	 
		712 Fifth Avenue, 49th
		Floor
	 

	 
		New York, NY 10019.
	 

	 
		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 that is valid and enforceable.
	 

	 
		6.5 Counterparts.
		This Agreement may be executed in multiple counterparts, each of which shall be
		deemed an original, and all of which taken together shall constitute one and
		the same instrument.
	 

	 
		6.6 Entire Agreement. This Agreement (including all agreements entered into
		pursuant hereto and all certificates and instruments delivered pursuant hereto
		and thereto) constitute 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. Notwithstanding the foregoing, any and all parties must obtain the
		written consent of ThinkEquity Partners LLC to amend or modify this
		Agreement.
	 

	 
		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 
	 

	 
		 
	 

	 
		 
	 

	 
		15
	 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		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.
	 

	 
		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.
	 

	 
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		BLANK]
	 

	 
		 
	 

	 
		 
	 

	 
		16
	 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		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.
	 

	 
		 
	 

	 
			
				
				   
				

			 	
				
				   
				

			 	
				
				  BRAND AND SERVICES ACQUISITION
				  CORP.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:
				

			 	
				
				  Michael Rapoport
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  Title:
				

			 	
				
				  Executive Chairman
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  
 INVESTORS:
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  
 BCM EQUITY PARTNERS LLC
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
  
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:
				

			 	
				
				  Michael Rapoport
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  Title:
				

			 	
				
				  Member
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  
 NRC V, LLC
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
  
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  Name:
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				  Title:
				

			 	
				
				  Member
				

			 

 

	 
		 
	 

	 
		 
	 

	 
		17BRAND AND SERVICES ACQUISITION
		CORP.
	 

	 
		FOUNDER WARRANT PURCHASE
		AGREEMENT
	 

	 
		THIS FOUNDER WARRANT PURCHASE AGREEMENT
		(this “Agreement”) is made as of _____________, 2007 between Brand
		and Services Acquisition Corp., a Delaware corporation (the
		“Company”), and each of the individuals and entities set forth on
		Exhibit A hereto and a signatory hereof (each, a
		“Purchaser” and collectively, the “Purchasers”). Except as
		otherwise indicated herein, capitalized terms used herein are defined in
		Section 8 hereof.
	 

	 
		WHEREAS, the Purchasers are, or entities
		affiliated with, officers and/or directors of the Company; and
	 

	 
		WHEREAS, in furtherance of the
		Company’s plan to obtain funding through an initial public offering (the
		“Offering”) of its units (the “Units”), each Unit
		consisting of two shares of common stock (“Common Stock”), par value
		$0.0001 per share, of the Company (the “Unit Common Stock”) and one
		warrant to purchase one share of Common Stock (each, a “Unit Warrant”
		and collectively, the “Unit Warrants”), and to demonstrate their
		commitment to this plan, the Purchasers desire to make an investment in the
		Company by purchasing 3,200,000 warrants (each, an “Founder Warrant”
		and collectively, the “Founder Warrants” ) on the terms and
		conditions described herein.
	 

	 
		NOW THEREFORE, the parties to this Agreement
		hereby agree as follows:
	 

	 
		Section 1. Authorization, Purchase and Sale; Terms of the Founder
		Warrants. 
	 

	 
		A. Authorization of the Founder Warrants. The Company has authorized, and hereby ratifies such
		authorization by execution hereof, the issuance and sale to the Purchasers of
		an aggregate of 3,200,000 Founder Warrants. Each Founder Warrant shall, upon
		exercise and payment of the exercise price specified therein, entitle the
		holder to purchase one share of the Company’s Common Stock.
	 

	 
		B. Purchase and Sale of the Founder
		Warrants. The Company shall sell to
		each of the Purchasers, and subject to the terms and conditions set forth
		herein, the Purchasers shall severally purchase from the Company, prior to the
		effectiveness of the Registration Statement, an aggregate of 3,200,000 Founder
		Warrants. Each Purchaser shall purchase that number of the Founder Warrants as
		is set forth opposite his name in the table contained in Exhibit A
		hereto. The purchase price of each Founder Warrant shall be $1.00 per warrant
		(the “Purchase Price”), which shall be paid in immediately available
		funds through wire transfers to the trust account (the “Trust
		Account”) to be established pursuant to that certain Investment Management
		Trust Agreement by and between the Company and Continental Stock Transfer &
		Trust Company (“Continental”). The Purchase Price shall be wired to
		the Trust Account by the Purchasers so as to be on 
	 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		deposit in the Trust Account not less than
		24 hours prior to the effectiveness of the Registration Statement. Amounts so
		received in the Trust Account shall be credited against the respective purchase
		obligations of the Purchasers as set forth on Exhibit A
		hereto.
	 

	 
		C. Terms of the Founder Warrants. The Founder Warrants shall carry rights and terms
		identical to those possessed by the Unit Warrants described in the Registration
		Statement, subject to the following exceptions: (i) the Founder Warrants may be
		exercised on a cashless basis, while the Unit Warrants cannot be exercised on a
		cashless basis, (ii) the Founder Warrants will not be redeemable by the Company
		so long as they are held by the purchasers or their affiliates and (iii) none
		of the Founder Warrants will be transferable or salable until after the
		Company’s consummation of a business combination, except for transfers to
		persons or entities controlling, controlled by, or under common control with
		such entity, or to any stockholder, member, partner or limited partner of such
		entity, which will be subject to the same transfer restrictions until after the
		Company completes a business combination. 
	 

	 
		Section 2. The Closing. The
		closing of the purchase and sale of the Founder Warrants to the Purchasers (the
		“Closing”) shall take place prior to the effectiveness of the
		Registration Statement. At the Closing, the Company shall deliver warrant
		certificates evidencing the Founder Warrants to be purchased by the Purchasers
		hereunder to Continental Stock Transfer & Trust Co., acting as escrow
		agent, pursuant to the Securities Escrow Agreement by and among the Company,
		Continental and the Purchasers, registered in each Purchaser’s name, upon
		the payment of the aggregate purchase price therefor, by wire transfer of
		immediately available funds to the Trust Account.
	 

	 
		Section 3. Representations and Warranties of the
		Company. As a material inducement to
		the Purchasers to enter into this Agreement and purchase the Founder Warrants,
		the Company hereby represents and warrants that:
	 

	 
		A. Organization and Corporate Power. The Company is a corporation duly organized, validly
		existing and in good standing under the laws of the State of Delaware and is
		qualified to do business in California, which is the only jurisdiction in which
		the failure to so qualify would reasonably be expected to have a material
		adverse effect on the financial condition, operating results or assets of the
		Company (a “Company Material Adverse Effect”). The Company possesses
		all requisite corporate power and authority necessary to carry out the
		transactions contemplated by this Agreement.
	 

	 
		B. Authorization; No Breach. 
	 

	 
		(i) The execution, delivery and performance
		of this Agreement will have been duly authorized by the Company as of the
		Closing. This Agreement constitutes a valid and binding obligation of the
		Company, enforceable in accordance with its terms upon its execution.
	 

	 
		 
	 

	 
		 
	 

	 
		2
	 

	 
		 
	 

	 
	 

	 

	 
		(ii) The execution and delivery by the
		Company of this Agreement, the sale and issuance of the Founder Warrants
		hereunder, the issuance of the Common Stock upon exercise of the Founder
		Warrants (except, with respect thereto, any filings required under Federal or
		state securities laws or issuance of one or more legal opinions in form and
		content reasonably satisfactory to the Company pertaining to the availability
		of one or more exemptions with respect to the issuance of the Founder Warrants
		under applicable securities laws) and the fulfillment of and compliance with
		the respective terms hereof and thereof by the Company, do not, and will not as
		of the Closing, (A) conflict with or result in a breach of the terms,
		conditions or provisions of, (B) constitute a default under, (C) result in the
		creation of any lien, security interest, charge or encumbrance upon the
		Company’s capital stock or assets pursuant to, (D) result in a violation
		of, or (E) require any authorization, consent, approval, exemption or other
		action by or notice or declaration to, or filing with, any court or
		administrative or governmental body or agency pursuant to the Company’s
		Certificate of Incorporation, as amended, or Bylaws, or any law, statute, rule
		or regulation to which the Company is subject, or any agreement, order,
		judgment or decree to which the Company is subject, except for any filings
		required after the date hereof under Federal or state securities laws. 
	 

	 
		C. Title to Securities. Upon issuance in accordance with, and payment pursuant
		to, the terms hereof, the Founder Warrants to be purchased hereunder and, upon
		exercise of the Founder Warrants, payment of the exercise price set forth
		therein and conformance with the other provisions relating to the exercise
		thereto, the Common Stock issuable upon exercise of such Founder Warrants will
		be duly and validly issued, fully paid and nonassessable, and the Purchasers
		will have or receive good title to such securities, free and clear of all
		liens, claims and encumbrances of any kind, other than (i) transfer
		restrictions hereunder and under the other agreements contemplated hereby, (ii)
		transfer restrictions under federal and state securities laws, and (iii) liens,
		claims or encumbrances imposed due to the actions of the Purchaser.
	 

	 
		D. Disclosure.
		
	 

	 
		(i) The Company has provided each Purchaser
		with a copy of the Registration Statement and each Amendment to the
		Company’s Registration Statement, or informed each Purchaser of the filing
		thereof and instructed or requested the Purchasers to review the Registration
		Statement and each such Amendment on the Commission’s website. The Company
		will provide the Purchasers with a copy of any and all amendments to the
		Registration Statement filed by the Company with the Commission prior to the
		Closing.
	 

	 
		(ii) To the best of the Company’s
		knowledge as of the date hereof, neither this Agreement nor the Registration
		Statement, taken as a whole, contains any untrue statement of a material fact
		or omits to state a material fact necessary to make the statements herein or
		therein not misleading in light of the circumstances under which such
		statements were made.
	 

	 
		 
	 

	 
		 
	 

	 
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		Section 4. Representations, Warranties and Covenants of
		Purchasers. As a material
		inducement to the Company to enter into this Agreement and issue and sell the
		Founder Warrants to the Purchasers, each Purchaser hereby severally and not
		jointly represents, warrants and covenants to the Company (as to himself,
		herself or itself only) that:
	 

	 
		A. Capacity and State Law Compliance. Such Purchaser, if an individual, is over the age of
		21 years with the legal capacity to execute and perform the obligations imposed
		on such Purchaser hereunder. If such Purchaser is an entity, (i) it is a
		corporation, limited liability company, limited partnership or other legal
		entity, duly organized, validly existing and in good standing under the laws of
		the jurisdiction of its organization and is qualified to do business in every
		jurisdiction in which the failure to so qualify would reasonably be expected to
		have a material adverse effect on the financial condition, operating results or
		assets of such Purchaser, and (ii) the execution, delivery and performance of
		this Agreement by such Purchaser will have been duly authorized by such
		Purchaser as of Closing. To such Purchaser’s knowledge, such Purchaser has
		engaged in the transactions contemplated by this Agreement within a state in
		which the offer and sale of the Founder Warrants is permitted under applicable
		securities laws. Such Purchaser understands and acknowledges that the purchase
		of Common Stock upon exercise of the Founder Warrants may require the
		registration of such Common Stock under Federal and/or state securities laws or
		the availability of an exemption from such registration requirements.
	 

	 
		B. Authorization; No Breach. 
	 

	 
		(i) The Purchaser has the full right, power
		and authority to enter into this Agreement and this Agreement constitutes a
		valid and binding obligation of such Purchaser, enforceable in accordance with
		its terms.
	 

	 
		(ii) The execution and delivery by such
		Purchaser of this Agreement, and the fulfillment of and compliance with the
		terms hereof, by such Purchaser do not, and shall not as of the Closing,
		conflict with or result in a breach of the terms, conditions or provisions of
		any other agreement, instrument, order, judgment or decree to which such
		Purchaser is subject.
	 

	 
		C. Investment Representations. 
	 

	 
		(i) Such Purchaser is acquiring Founder
		Warrants and, upon exercise thereof, will acquire the Common Stock issuable
		upon such exercise (collectively, the “Securities”), for his own
		account, for investment only and not with a view towards, or for resale in
		connection with, any public sale or distribution thereof.
	 

	 
		(ii) Such Purchaser is an “accredited
		investor” as defined in Rule 501(a)(3) of Regulation D.
	 

	 
		 
	 

	 
		 
	 

	 
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		(iii) Such Purchaser understands that the
		Securities are being offered and sold to him, her or it in reliance on specific
		exemptions from the registration requirements of United States federal and
		state securities laws and that the Company is relying in part upon the truth
		and accuracy of, and such Purchaser’s compliance with, the
		representations, warranties and agreements of such Purchaser set forth herein
		in order to determine the availability of such exemptions and the eligibility
		of such Purchaser to acquire such Securities.
	 

	 
		(iv) Such Purchaser did not decide to enter
		into this Agreement, as a result of any general solicitation or general
		advertising within the meaning of Rule 502(c) under the Securities Act of 1933,
		as amended (the “Securities Act”), including the filing of the
		Registration Statement.
	 

	 
		(v) By virtue of such Purchaser’s
		position as an officer and/or director of the Company or by virtue of such
		Purchaser’s affiliation with an officer and/or director of the Company,
		such Purchaser has access to all materials relating to the business, finances
		and operations of the Company and materials relating to the offer and sale of
		the Securities. Such Purchaser has been afforded the opportunity to ask
		questions of the other executive officers and directors of the Company. Such
		Purchaser understands that his, her or its investment in the Securities
		involves a high degree of risk. Such Purchaser has sought such accounting,
		legal and tax advice as such Purchaser has considered necessary to make an
		informed investment decision with respect to his, her or its acquisition of the
		Securities. Such Purchaser has received and reviewed a copy of the Registration
		Statement, including without limitation, the language therein under the caption
		“Risk Factors.”
	 

	 
		(vi) Such Purchaser understands that no
		United States federal or state agency or any other government or governmental
		agency has passed on, or made any recommendation or endorsement of, the
		Securities or the fairness or suitability of the investment in the Securities
		nor have such authorities passed upon or endorsed the merits of the offering of
		the Securities.
	 

	 
		(vii) Such Purchaser understands that: (A)
		the Securities have not been registered under the Securities Act or any state
		securities laws, and may not be offered for sale, sold, assigned or transferred
		unless (x) subsequently registered thereunder or (y) sold in reliance on an
		exemption therefrom; and (B) except as specifically set forth in the
		Registration Rights Agreement, neither the Company nor any other person is
		under any obligation to register such securities under the Securities Act or
		any state securities laws or to comply with the terms and conditions of any
		exemption thereunder. In this regard, such Purchaser represents that he, she or
		it is familiar with Rule 144 adopted pursuant to the Securities Act, and
		understands the resale limitations imposed thereby and by the Securities Act.
		Such Purchaser is able to bear the economic risk of his, her or its investment
		in the Securities for an indefinite period of time.
	 

	 
		(viii) Such Purchaser is an investor in
		securities of companies in the development stage and acknowledges that he, she
		or it has knowledge and 
	 

	 
		 
	 

	 
		 
	 

	 
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		experience in financial and business
		matters, knows of the high degree of risk associated with investments generally
		and particularly investments in the securities of companies in the development
		stage such as the Company, is capable of evaluating the merits and risks of an
		investment in the Securities and is able to bear the economic risk of an
		investment in the Securities in the amount contemplated hereunder. Such
		Purchaser has adequate means of providing for his, her or its current financial
		needs and contingencies and will have no current or anticipated future needs
		for liquidity which would be jeopardized by the investment in the Securities.
		Such Purchaser can afford a complete loss of his, her or its investment in the
		Securities.
	 

	 
		(ix) Without in any way limiting the
		representations set forth above, such Purchaser agrees not to make any
		disposition of the Securities (or any part thereof) unless and until:
	 

	 
		(A) There is then in effect a registration
		statement under the Securities Act covering such proposed disposition and such
		disposition is made in accordance with such registration statement; or
	 

	 
		(B) (i) Such Purchaser shall have notified
		the Company of the proposed disposition and shall have furnished the Company
		with a detailed statement of the circumstances surrounding the proposed
		disposition, and if reasonably requested by the Company, such Purchaser shall
		have furnished the Company with an opinion of counsel, reasonably satisfactory
		to the Company, that such disposition will not require registration of such
		Securities under the Securities Act. Notwithstanding the foregoing, such
		Purchaser also understands and acknowledges that the transfer or exercise of
		the Founder Warrants is subject to the specific conditions to such transfer or
		exercise as outlined herein, as to which such Purchaser specifically assents by
		his, her or its execution hereof.
	 

	 
		D. No
		Group. By virtue of such
		Purchaser’s purchase of the Founder Warrants under this Agreement, such
		participation shall not be construed so as to make such Purchaser part of, or a
		participant in, a “group” as defined in Rule 13d-5 of the Exchange
		Act with respect to any securities of the Company.
	 

	 
		E. Rescission Right Waiver and Indemnification. 
	 

	 
		(i) Such Purchaser understands and
		acknowledges that an exemption from the registration requirements of the
		Securities Act requires that there be no general solicitation of purchasers of
		the Founder Warrants. In this regard, if the Offering were deemed to be a
		general solicitation with respect to the Founder Warrants, the offer and sale
		of such Founder Warrants might not be exempt from registration and, if not,
		each of the Purchasers would have a prima facie claim, subject to applicable
		defenses, to rescind his, her or its purchase of the Founder Warrants. In order
		to facilitate the completion of the Offering and in order to protect the
		Company, its stockholders and the Trust Account from claims that may adversely
		affect the Company or the interests of its stockholders, such Purchaser hereby
		agrees to waive, to the maximum extent permitted 
	 

	 
		 
	 

	 
		 
	 

	 
		6
	 

	 
		 
	 

	 
	 

	 

	 
		by applicable law, any claims, right to sue
		or rights in law or arbitration, as the case may be, to seek rescission of his,
		her or its purchase of the Founder Warrants. Such Purchaser acknowledges and
		agrees that this waiver is being made in order to induce the Company to sell
		the Founder Warrants to the Purchasers. Such Purchaser further agrees that the
		foregoing waiver of rescission rights shall, to the extent permitted under
		applicable law, apply to any and all known or unknown actions, causes of
		action, suits, claims, or proceedings (collectively, “Claims”) and
		related losses, costs, penalties, fees, liabilities and damages, whether
		compensatory, consequential or exemplary, and expenses in connection therewith
		(collectively, “Losses and Expenses”), including, without limitation,
		reasonable attorneys’ and expert witness fees and disbursements and all
		other expenses reasonably incurred in investigating, preparing or defending
		against any Claims, whether pending or threatened, in connection with any
		present or future actual or asserted right to rescind the purchase of the
		Founder Warrants hereunder or relating to the purchase of the Founder Warrants
		and the transactions contemplated hereby.
	 

	 
		(ii) The Purchaser hereby waives any and all
		right, title, interest or claim of any kind in or to any distributions from the
		Trust Account with respect to any shares of common stock acquired by the
		Purchaser in connection with the exercise of the Founder Warrants purchased
		hereby pursuant to this Agreement (“Claim”) and hereby waives any
		Claim the undersigned may have in the future as a result of, or arising out of,
		any contracts or agreements with the Company and will not seek recourse against
		the Trust Account for any reason whatsoever.
	 

	 
		(iii) Such Purchaser agrees to severally
		indemnify and hold harmless the Company and the Trust Account against any and
		all Losses and Expenses whatsoever to which the Company and the Trust Account
		may become subject as a result of the purchase of the Founder Warrants by any
		one or more Purchasers, including, but not limited to, any Claim by any
		Purchaser of the Founder Warrants, but only to the extent necessary to ensure
		that such Losses and Expenses do not reduce the amount in the Trust Account.
		Further, such Purchaser agrees to severally indemnify and hold harmless
		ThinkEquity Partners LLC against any and all Losses and Expenses whatsoever to
		which ThinkEquity Partners LLC may become subject as a result of the purchase
		of the Founder Warrants by any one or more Purchasers, including, but not
		limited to, any Claim by any Purchaser of the Founder Warrants, without
		limitation. To the extent that the foregoing several and not joint
		indemnification obligations may be unenforceable for any reason, such Purchaser
		agrees to make the maximum contribution permissible by applicable law to the
		payment and satisfaction of any Losses and Expenses relating to Claims that may
		or will otherwise reduce the amount in the Trust Account. Notwithstanding
		anything contained herein or in the Registration Statement to the contrary, any
		Losses and Expenses indemnified or contributed to hereunder by such Purchaser
		will be paid based on the number of Founder Warrants purchased by such
		Purchaser relative to the total number of Founder Warrants purchased by all
		Purchasers hereunder, except to the extent that such Claims are brought by any
		of the Purchasers, in which case the foregoing indemnity and contribution
		obligations shall only be that of the Purchaser making the Claim, it being the
		understanding and agreement of the Purchasers 
	 

	 
		 
	 

	 
		 
	 

	 
		7
	 

	 
		 
	 

	 
	 

	 

	 
		that each of them shall be held harmless by
		the other as to any Claims, Losses and Expenses.
	 

	 
		(iv) Such Purchaser acknowledges and agrees
		that the stockholders of the Company, including those who purchase the Units in
		the Offering, are and shall be third-party beneficiaries of the foregoing
		provisions of Section 4E of this Agreement.
	 

	 
		(v) Such Purchaser agrees that to the extent
		any waiver of rights under this Section 4E is ineffective as a matter of law,
		such Purchaser has offered such waiver for the benefit of the Company as an
		equitable right that shall survive any statutory disqualification or bar that
		applies to a legal right. Such Purchaser further acknowledges the receipt and
		sufficiency of consideration received from the Company hereunder in this
		regard.
	 

	 
		Section 5. Conditions Precedent to Closing. 
	 

	 
		A. The obligation of each Purchaser to
		purchase and pay for such Founder Warrants as is set forth on Exhibit A hereto
		is subject to the fulfillment, at or before the Closing, of each of the
		following conditions:
	 

	 
		(i) Representations and Warranties. The representations and warranties of the Company
		contained in Section 3, except for those stated to be made as of the date
		hereof, shall be true and correct in all material respects at and as of the
		Closing as though then made, except to the extent of changes caused by the
		transactions expressly contemplated herein or in the prospectus contained in
		the Registration Statement.
	 

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

	 
		B. The obligations of the Company to each of
		the Purchasers under this Agreement are subject to the fulfillment on or before
		the Closing of each of the following conditions:
	 

	 
		(i) Representations and Warranties. The representations and warranties of each of the
		Purchasers contained in Section 4 shall be true at and as of the Closing as
		though then made.
	 

	 
		(ii) Performance.
		Each of the Purchasers shall have performed and complied with all agreements,
		obligations and conditions contained in this Agreement that are required to be
		performed or complied with by them on or before the Closing.
	 

	 
		 
	 

	 
		 
	 

	 
		8
	 

	 
		 
	 

	 
	 

	 

	 
		(iii) Corporate Consents. The Company shall have obtained the consent of its
		Board of Directors authorizing the execution, delivery and performance of this
		Agreement and the issuance and sale of the Founder Warrants hereunder.
	 

	 
		C. This Agreement evidences the several and
		not joint agreements between the Company, on the one hand, and each of the
		Purchasers, on the other hand. Accordingly, (i) each Purchaser may (but shall
		not be required to) waive any closing condition with respect to his, her or its
		obligation (but not the obligation of any other Purchaser) to close the
		transactions contemplated hereby; provided, that, a majority in interest of the
		Purchasers (based on the relative number of Founder Warrants to be purchased),
		may (but shall not be required to) waive any closing condition with respect to
		all (but not less than all) of the Purchasers’ obligations to close the
		transactions contemplated hereby, and (ii) the Company may (but shall not be
		required to) waive any closing condition with respect to all of the Purchasers
		or any one or more of them and the waiver of a closing condition with respect
		to a particular Purchaser shall not be deemed applicable to any other Purchaser
		unless so determined by the Company.
	 

	 
		Section 6. Termination. This Agreement may be terminated by agreement of
		the Company and at least a majority-in-interest of the Purchasers at any time
		prior to the consummation of the Closing if the Offering is not closed within
		the time periods described in the Underwriting Agreement after the Registration
		Statement is declared effective and this Agreement shall automatically
		terminate without any further action by any party and thereafter be null and
		void upon termination of the Underwriting Agreement or the Company’s
		initial public offering.
	 

	 
		Section 7. Survival. All of
		the representations, warranties, covenants and agreements contained in Section
		4 shall survive the Closing for a period of six (6) months except as
		otherwise specifically provided herein.
	 

	 
		Section 8. Definitions. For
		the purposes of this Agreement, the following terms have the meanings set forth
		below:
	 

	 
		“Affiliate” of any particular
		Person means any other Person controlling, controlled by or under common
		control with such particular Person, where “control” means the
		possession, directly or indirectly, of the power to direct the management and
		policies of a Person whether through the ownership of voting securities,
		contract or otherwise.
	 

	 
		“Business Combination” means a
		merger, stock exchange, asset acquisition, stock purchase or similar business
		combination of the Company with a target business or businesses that is its
		initial business combination and which meets the size, timing and other
		criteria outlined in the Registration Statement.
	 

	 
		“Commission” means the United
		States Securities and Exchange Commission.
	 

	 
		 
	 

	 
		 
	 

	 
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		“Common Stock” means the
		Company’s Common Stock, par value $0.0001 per share.
	 

	 
		“Exchange Act” means the
		Securities Exchange Act of 1934, as amended.
	 

	 
		“Person” means any individual,
		partnership, corporation, limited liability company, association, joint stock
		company, trust, joint venture, unincorporated organization or governmental
		entity or any department, agency or political subdivision thereof.
	 

	 
		“Registration Statement” means the
		Company’s registration statement on Form S-1 (File No. 333-__________), as
		the same has been and may be amended from time to time hereafter (the
		“Registration Statement”) and filed with the Commission.
	 

	 
		“Securities Act” means the
		Securities Act of 1933, as amended.
	 

	 
		Section 9. Miscellaneous.
		
	 

	 
		A. Legends. 
	 

	 
		(i) The certificates evidencing the Founder
		Warrants will include the legend set forth below:
	 

	 
		THE SECURITIES REPRESENTED HEREBY HAVE NOT
		BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE
		SECURITIES LAW, AND MAY NOT BE OFFERED, SOLD, TRANSFERRED OR OTHERWISE DISPOSED
		OF UNLESS REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND ANY
		APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS
		AVAILABLE. THESE SECURITIES ARE ALSO SUBJECT TO INVESTMENT REPRESENTATIONS AND
		RESTRICTIONS ON TRANSFER OR SALE PURSUANT TO AN FOUNDER WARRANT PURCHASE
		AGREEMENT DATED ___________, 2007 WHICH RESTRICTS THE TRANSFER THEREOF AS
		PROVIDED IN THE PURCHASE AGREEMENT, A COPY OF WHICH CAN BE OBTAINED FROM THE
		COMPANY AT ITS EXECUTIVE OFFICES. THESE SECURITIES ARE ALSO SUBJECT TO THE
		TERMS AND PROVISIONS OF A SECURITIES ESCROW AGREEMENT DATED ___________,
		2007 WHICH RESTRICTS THE TRANSFER THEREOF AS PROVIDED THEREIN, A COPY OF WHICH
		CAN BE OBTAINED FROM THE COMPANY AT ITS EXECUTIVE OFFICES.
	 

	 
		(ii) By accepting the certificates bearing
		the aforesaid legend, each Purchaser agrees (on behalf of himself, herself or
		itself), prior to any permitted transfer of the Founder Warrants represented by
		the certificates and subject to the restrictions contained herein, to give
		written notice to the Company expressing his, her or its desire to effect such
		transfer and describing briefly the proposed transfer. Upon 
	 

	 
		 
	 

	 
		 
	 

	 
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		receiving such notice, the Company shall
		present copies thereof to its counsel and the following provisions shall
		apply:
	 

	 
		(x) subject to the transfer restrictions
		contained elsewhere in this Agreement, if, in the reasonable opinion of counsel
		to the Company, the proposed transfer of such Founder Warrants may be effected
		without registration under the Securities Act and applicable state securities
		acts, the Company shall promptly thereafter notify the transferring Purchaser,
		whereupon the transferring Purchaser shall be entitled to transfer such Founder
		Warrants, all in accordance with the terms of the notice delivered by the
		transferring Purchaser and upon such further terms and conditions as shall be
		required to ensure compliance with the Securities Act and the applicable state
		securities acts, and, upon surrender of the certificate evidencing such Founder
		Warrants, in exchange therefor, a new certificate not bearing a legend of the
		character set forth above if such counsel reasonably believes that such legend
		is no longer required under the Securities Act and the applicable state
		securities acts; and
	 

	 
		(y) subject to the transfer restrictions
		contained elsewhere in this Agreement, if, in the reasonable opinion of counsel
		to the Company, the proposed transfer of such Founder Warrants may not be
		effected without registration under the Securities Act or the applicable state
		securities acts, a copy of such opinion shall be promptly delivered to the
		transferring Purchaser, and such proposed transfer shall not be made unless
		such registration is then in effect.
	 

	 
		(iii) The Company may, from time to time,
		make stop transfer notations in its records and deliver stop transfer
		instructions to its transfer agent to the extent its counsel considers it
		necessary to ensure compliance with the Securities Act and the applicable state
		securities acts.
	 

	 
		B. Successors and Assigns. Except as otherwise expressly provided herein, all
		covenants and agreements contained in this Agreement by or on behalf of any of
		the parties hereto shall bind and inure to the benefit of the respective
		successors and permitted assigns of the parties hereto whether so expressed or
		not. Notwithstanding the foregoing or anything to the contrary herein, the
		parties may not assign this Agreement.
	 

	 
		C. Severability.
		Whenever possible, each provision of this Agreement shall be interpreted in
		such manner as to be effective and valid under applicable law, but if any
		provision of this Agreement is held to be prohibited by or invalid under
		applicable law, such provision shall be ineffective only to the extent of such
		prohibition or invalidity, without invalidating the remainder of this
		Agreement.
	 

	 
		D. Counterparts.
		This Agreement may be executed simultaneously in two or more counterparts, any
		one of which need not contain the signatures of more than one party, but all
		such counterparts taken together shall constitute one and the same Agreement.
		Facsimile signatures shall be deemed originals for all purposes
		hereunder.
	 

	 
		 
	 

	 
		 
	 

	 
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		E. Descriptive Headings; Interpretation. The descriptive headings of this Agreement are inserted
		for convenience only and do not constitute a substantive part of this
		Agreement. The use of the word “including” in this Agreement shall be
		by way of example rather than by limitation.
	 

	 
		F. Governing Law.
		The general corporation law of the State of Delaware shall govern all issues
		and questions concerning the construction, validity, enforcement and
		interpretation of this Agreement, without giving effect to any choice of law or
		conflict of law rules or provisions that would cause the application of the
		laws of any jurisdiction other than the State of Delaware.
	 

	 
		G. Notices. All
		notices, demands or other communications to be given or delivered under or by
		reason of the provisions of this Agreement shall be in writing and shall be
		deemed to have been given when delivered personally to the recipient, sent to
		the recipient by reputable overnight courier service (charges prepaid) or
		mailed to the recipient by certified or registered mail, return receipt
		requested and postage prepaid. Such notices, demands and other communications
		shall be sent:
	 

	 
		if to the Company, to:
	 

	 
		Brand and Services Acquisition Corp.
	 

	 
		401 East Las Olas Boulevard, Suite
		1220
	 

	 
		Fort Lauderdale, FL 33301
	 

	 
		Attn: Chief Executive Officer
	 

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

	 
		Mintz Levin Cohn Ferris Glovsky and Popeo,
		P.C.
	 

	 
		666 Third Avenue, 25th Floor 
	 

	 
		New York, New York 10017 
	 

	 
		Attn: Jeffrey P. Schultz, Esq.
	 

	 
		and if to any Purchaser:
	 

	 
		at the address of such Purchaser as set
		forth in
	 

	 
		the records of the Company.
	 

	 
		or in any case to such other address or to
		the attention of such other person as the recipient party has specified by
		prior written notice to the sending party.
	 

	 
		H. No
		Strict Construction. The parties hereto
		have participated jointly in the negotiation and drafting of this Agreement. In
		the event an ambiguity or question of intent or interpretation arises, this
		Agreement shall be construed as if drafted jointly by the parties hereto, and
		no presumption or burden of proof shall arise favoring 
	 

	 
		 
	 

	 
		 
	 

	 
		12
	 

	 
		 
	 

	 
	 

	 

	 
		or disfavoring any party by virtue of the
		authorship of any of the provisions of this Agreement.
	 

	 
		{Remainder of page left intentionally
		blank. Signature page(s) to follow}
	 

	 
		 
	 

	 
		 
	 

	 
		13
	 

	 
		 
	 

	 
	 

	 

	 
		IN WITNESS WHEREOF, the undersigned have
		executed this Founder Warrant Purchase Agreement as of the date first written
		above. 
	 

	 
		 
	 

	 
			
				
				  COMPANY:
				

			 	
				
				   
				

			 	
				
				  BRAND AND SERVICES ACQUISITION
				  CORP.
				

			 
	
				
				

			 	
				
				   
				

			 	
				
				  
 By: 
				

			 	
				
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
			
				
				  INITIAL PURCHASERS:
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
		 
	 

	 
	 

	 

	 
		EXHIBIT A
	 

	 
		TO
	 

	 
		FOUNDER WARRANT PURCHASE
		AGREEMENT
	 

	 
		 
	 

	 
		 
	 

	 
			
				
				  Name and Address of
				  Purchaser
				

			 	
				
				   
				

			 	
				
				  Number of 

				  Founder 
 Warrants
				

			 	
				
				   
				

			 	
				
				  Aggregate 

				  Purchase 
 Price
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 	
				
				   
				

			 
	
				
				  Total 
				

			 	
				
				   
				

			 	
				
				  $ 
				

			 	
				
				  3,200,000
				

			 	
				
				   
				

			 	
				
				  $
				

			 	
				
				  3,200,000
				

			 	
				
				   
				

			 

 

	 
		 
	 

	 
		 
	 

	 
		A-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}]]