Document:

Exhibit 4.1

Exhibit 4.1

	
MUTUAL RELEASE AND

 RESTRUCTURING AGREEMENT

THIS SETTLEMENT AGREEMENT (“Agreement”) is effective as of August 26, 2005, by and between among Viper Networks, Inc., a Nevada corporation with principal offices at 10373 Roselle St., Suite 170, San
Diego, California 92121 (the “RELEASEE”) on the one hand, and Officer/Director, an individual whose principal address is ______________ (the “RELEASOR”).

WHEREAS:

A.  The Releasor is an officer, director, shareholder and creditor of Releasee.

B.  The Releasee and the Releasor, subject to the terms and conditions of this Agreement, seek to fully and finally settle and terminate all liabilities and obligations that the Releasee has or may have
to the Releasor and to fully and finally settle and terminate all liabilities and obligations that the Releasor may have to the Releasee.

NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS:

1.00.  Release of Claims by the Releasee and Releasor.

1.01.  Release by Releasee.  In consideration of: (a) the mutual releases herein; (b) the indemnifications provided by the Releasor to the Releasee as set forth herein; (c) the
Releasor's delivery of one (1) or more common certificates representing an aggregate of ________________ (_________) shares of the common stock of Releasee ($0.001 par value) (the "Cancelled Shares") (c) the delivery by the Releasor of a Letter of Resignation
attached as Exhibit A to this Agreement; and (d) the full and faithful performance of the obligations by the Releasor as set forth in Section 1.04 of this Agreement and upon execution of this Agreement by the Releasor and the Releasee, then the Releasee on its own
behalf and on behalf of each of all of its current and former officers, directors, agents, parent corporations, sister corporations, affiliates, attorneys, heirs, successors in interest, and assigns (the "Releasing Parties"), hereby fully and forever releases,
acquits and discharges the Releasor and his agents, heirs, assigns, successors in interest, trustees, trustors, beneficiaries, attorneys, together with all affiliates, business associates, all entities currently or previously associated or affiliated with the
Releasor,  of and from any and all liabilities, claims, demands, actions, causes of action and rights (contingent accrued, or otherwise) (collectively, as "Claims") which the Releasee (and any officer, director, employee or agent of the Releasee) may now have
against any or all parties hereby released.

1.02.  Release by Releasor.  In consideration of: (a) the mutual releases herein; (b) the indemnifications provided by the Releasee to the Releasor set forth herein; (c) the full and
faithful performance of the obligations of the Releasee as set forth in Section 1.05 of this Agreement and upon execution of this Agreement by the Releasor and the Releasee, then the Releasor, individually and on behalf of his agents, affiliates, attorneys, heirs,
successors in interest, and assigns, hereby fully and forever releases, acquits and discharges the Releasee and each of its

current and former officers, directors, agents, parent corporations, sister corporations, affiliates, attorneys, heirs, successors in interest, and assigns of and from any and all Claims which the Releasor may
now have against any or all parties hereby released

1.03.  Mutual Waiver; Section 1542.  In executing and delivering this Agreement and releasing each of the other respective parties herein, each party hereby waives any and all rights
which may exist under Section 1542 of the Civil Code of the State of California, which provides as follows:

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR EXPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS
SETTLEMENT WITH THE DEBTOR, INCLUDING BUT NOT LIMITED TO ANY AND ALL OTHER ACTIONS WHICH MAY CONSTITUTE A BREACH OF A FIDUCIARY DUTY WHICH IS CURRENTLY UNKNOWN AND/OR UNDISCLOSED TO RELEASEE AT THE TIME OF EXECUTION OF THIS AGREEMENT.

1.04.  Actions to Be Taken by Releasor Upon Execution.  Releasor  agrees that upon execution of this Agreement, or at the times expressly provided for below in this Section
1.04:

(a)  The Releasor shall, at no cost or expense to Releasee, return and deliver the Cancelled Shares to the Releasee, which shall be comprised of the Shares of Releasee Common Stock represented in the
Stock Certificates listed on Exhibit B attached hereto.

(b)  The Releasor shall deliver the Letter of Resignation attached as Exhibit A hereto.

1.05  Actions to Be Taken by Releasee Upon Execution. Releasee agrees that upon execution of this Agreement, or at the times expressly provided for below in this Section 1.04

(a)  Releasee shall issue to Releasor the Secured Promissory Note shown as Exhibit C attached hereto (the "Note") as payment in full of all amounts due the Releasor by Releasee;

(b)  Releasee shall grant to Releasor a Common Stock Purchase Warrant (the "Warrant") for the purchase of up to __________________________ (_________) shares of the Releasee's Common Stock ($0.001 par
value) (the "Warrant Shares") shown as Exhibit D attached hereto; and

(c)  Releasee shall as soon as legally permissible file a Registration Statement on Form S-8 including the shares of common stock of Releasee owned by Releasor listed on Exhibit E attached hereto, and
shall use its best efforts to have such Registration Statement become effective upon the filing thereor.  The common shares of Releasee owned by Releasor listed on Exhibit E attached hereto, will be non-dilutive and not subject to any reverse split or
recapitalization.

1.06  Non-Termination of Stock Option Agreements.  The Releasee and the Releasor acknowledge and agree that all rights and obligations that the Releasee and the Releasor may have
pursuant to existing Option to Purchase Agreements and that certain 2000 Equity Incentive

Plan (including, but not limited to, Non-Statutory Stock Options, Incentive Stock Options, Limited Rights, and Stock Awards) are not terminated  by this Agreement.

2.00  Representations.

2.01  Representations of the Releasor.  The Releasor hereby warrants and represents that, as of the date of execution of this Agreement:

(a)  he has the power and authority to execute and deliver this Agreement and to perform his obligations and covenants contemplated hereby;

(b)  that neither the execution of this Agreement nor performance hereunder will (i) violate, conflict with or result in a breach of any provisions of, or constitute a default (or an event which, with
notice or lapse of time or both, would constitute a default) under the terms, conditions or provisions of any contract, agreement or other instrument or obligation to which the Releasor is a party, or by which he may be bound, or (ii) violate any order, judgment,
writ, injunction or decree applicable to him.

(c)  The Cancelled Shares are and will be as delivered to the Releasee under this Agreement (pursuant to Section 1.04(a) of this Agreement), free of all other claims, interests, charges, both legal and
equitable, of any other person (including any that may be asserted under community property laws).

2.02  Representations of the Releasee.  The Releasee hereby warrants and represents that, as of the date of execution of this Agreement:

(a)  it has not taken any action which would cause or reasonably result in the transfer or assignment of the Understanding in whole or in part, to any other person or persons;

(b)  it is a corporation duly organized validly existing and in good standing under the laws of the state of its incorporation;

(c)  it has full corporate power and authority to execute and deliver this Agreement and to perform the obligations and covenants contemplated hereby;

(d)  the execution, delivery and performance of this Agreement has been duly authorized by its Board of Directors and no other corporate approvals are necessary;

(e)  that neither the execution of this Agreement nor performance hereunder will (i) violate, conflict with or result in a breach of any provisions of, or constitute a default (or an event which, with
notice or lapse of time or both, would constitute a default) under the terms, conditions or provisions of its Articles of Incorporation or By-Laws or any contract, agreement or other instrument or obligation to which it is a party, or by which it may be bound, or
(ii) violate any order, judgment, writ, injunction or decree applicable to it.

3.00  Termination of Prior Agreements.  The parties hereby terminate all prior agreements, except those described in Section 1.06 herein, and expressly intend that the releases provided
for herein shall release each and every party thereto from all obligations and liabilities thereunder.

4.00  Interpretation of Release.  Notwithstanding anything herein set forth to the contrary, no provision of this Agreement: (i) shall constitute or be construed as a release or
discharge of any obligation, claims or causes of action hereafter arising out of the breach of any of the terms or provisions of this Agreement; nor (ii) shall it constitute an admission of liability by any party to any other party.

5.00  Indemnifications.

5.01  Indemnifications by Releasor.  The Releasor shall, upon receipt of an executed copy of this Agreement and the Releasee's full and faithful performance of all of its obligations of
this Agreement, indemnify and defend the Releasee (and each person released and discharged, and their respective heirs, assigns, trustees, trustors, beneficiaries, attorneys, fiduciaries, employees, and consultants, and each of them) (all collectively, as the "First
Indemnities"), and shall hold the First Indemnitees harmless from and against any and all loss, expense and/or liability arising directly or indirectly out of the enforcement or attempted enforcement by anyone (including, but not limited to, all current and former
officers, directors, shareholders, parent corporations, sister corporations, limited liability companies, agents, fiduciaries, and all current and previous affiliates of the First Indemnitees, and each of them) for any of the same Claims released and discharged by
each of the Releasor.   In addition, the Releasor hereby further indemnify the First Indemnitees from and against any and all loss, expense and/or liability arising directly or indirectly out of any Claims by any other person asserting any interest in the
Cancelled Shares.

5.02  Indemnification by the Releasee.  The Releasee shall, upon receipt of an executed copy of  this Agreement and the Releasor' full and faithful performance of all the
obligations of this Agreement, indemnify and defend the Releasor and their respective heirs, assigns, trustees, trustors, beneficiaries, attorneys, fiduciaries, employees, and consultants, and each of them) (all collectively, as the "Second Indemnities"), and shall
hold the Second Indemnitees harmless from and against any and all loss, expense and/or liability arising directly or indirectly out of the enforcement or attempted enforcement by anyone (including, but not limited to, all current and former officers, directors,
shareholders, parent corporations, sister corporations, limited liability companies, agents, fiduciaries, and all current and previous affiliates of the Second Indemnitees, and each of them) for any of the same Claims released and discharged by the
Releasee.

6.00  Miscellaneous.

6.01  Further Assurances.  Each of the parties shall hereafter execute all documents and do all acts reasonably necessary to effect the provisions of this Agreement.

6.02  Cooperation Clause.  Each party agrees to cooperate fully and to take all additional actions that may be necessary or appropriate to give full force and effect to the terms and
intent of this Agreement, including but not limited to, the execution of any further documents necessary to

fully and finally resolve this matter, and full cooperation in any and all current, pending or future lawsuits and/or legal proceedings arising out of events which occurred during the entire time in which the
Individual Releasor was involved in any sort of business relationship with the Releasee.

6.03  Independent Counsel.  Each of the parties to this Agreement acknowledges and agrees that it has had an opportunity to be represented by independent counsel of its own choice
throughout all negotiations which preceded execution of this Agreement and the transaction referred to in this Agreement, and each has executed this Agreement with the consent and upon the advice of said independent counsel. Each party represents that he or it fully
understands the provision of this Agreement, has consulted with counsel concerning its terms, and executes this Agreement of his or its own free choice without reference to any representations, promises or expectations not set forth herein.

6.04  Successors.  The provisions of this Agreement shall be deemed to obligate, extend to, and inure to the benefit of the successors, assigns, transferees, grantees, and indemnitees
of each of the parties to this Agreement.

6.05  Attorneys' Fees.  In the event of a dispute between the parties concerning the enforcement or interpretation of this Agreement, the prevailing party in such dispute, whether by
legal proceedings or otherwise, shall be reimbursed immediately for the reasonably incurred attorneys' fees and other costs and expenses by the other parties to the dispute.

6.06  Interpretation.  Whenever the context so requires: the singular number shall include the plural; the plural shall include the singular; and the masculine gender shall include the
feminine and neuter genders.

6.07  Captions.  The caption by which the sections and subsections of this Agreement are identified are for convenience only, and shall have no effect whatsoever upon its
interpretation.

6.08  Exhibits.  Exhibits A, B, C, D, and E are an integral part of this Agreement and each is incorporated by reference herein.

6.09  Integration and Amendments.  This Agreement, and those stipulations and other exhibits attached hereto, and which are hereby expressly incorporated herein by reference, after full
execution, acknowledgment and delivery, memorializes and constitutes the entire agreement and understanding between the parties and supersedes and replaces all prior negotiations and agreements of the parties, whether written or unwritten. Each of the parties to this
Agreement acknowledges that no other party, nor any agent or attorney of any other party has made any promises, representations or warranty whatsoever, express or implied, which is not expressly contained in this Agreement; and each party further acknowledges that he
or it has not executed this Agreement in reliance upon any belief as to any fact not expressly recited here-in-above. No amendment or waiver of any provision, term, or condition of this Agreement shall be effective unless the same is in writing and executed by the
party against whom enforcement is sought.

6.10  Severance.  If any provision of this Agreement is held to be illegal or invalid by a court of competent jurisdiction, such provision shall be deemed to be severed and deleted; and
neither such provision, nor its severance and deletion, shall affect the validity of the remaining provisions unless such severance or deletion materially alters the bargain intended by the parties which is reflected in this Agreement and the stipulations and
exhibits attached hereto.

6.11  Counterparts.  This Agreement may be executed in any number of counterparts.

6.12  Survival of Warranties.  All representations and warranties made in this Agreement shall survive any closing and any execution of this Agreement for a period of three (3) years
after any applicable period provided under any statutes of limitation, repose, or otherwise.

6.13  Equitable Remedies.  In the event that any party to this Agreement fails to fully and faithfully perform their obligations under this Agreement, the non-breaching party to this
Agreement shall be entitled to a decree of specific performance. This remedy shall not be exclusive and shall be in addition to any other remedy available to the parties. In addition, in the event that the Releasor fails to perform his obligations under this
Agreement, the Releasee shall have a right of set-off against the Note, the Warrant and all of them as the Releasee may so determine.

6.14  Power to Bind.  Each party to this Agreement represents that it has read and understands the contents of this Agreement and is empowered and duly authorized to execute it in his
individual or representative capacities.

6.15  Interpretation of Agreement.  This Agreement shall be interpreted in accordance with the law of the State of California as if this Agreement was fully performed and executed
within the State of California.

6.16  Arbitration.  Any dispute or claim arising to or in any way related to this Agreement shall be settled by arbitration in San Diego, California but any dispute or controversy
arising out of or interpreting this Agreement shall be settled in accordance with the laws of the State of California as if this Agreement were executed and all actions were performed hereunder within the State of California. All arbitration shall be conducted in
accordance with the rules and regulations of the American Arbitration Association ("AAA"). AAA shall designate an arbitrator from an approved list of arbitrators following both parties' review and deletion of those arbitrators on the approved list having a conflict
of interest with either party. Each party shall pay its own expenses associated with such arbitration (except as set forth in Section 6.05 Above). A demand for arbitration shall be made within a reasonable time after the claim, dispute or other matter has arisen and
in no event shall such demand be made after the date when institution of legal or equitable proceedings based on such claim, dispute or other matter in questions would be barred by the applicable statutes of limitations. The decision of the arbitrators shall be
rendered within 60 days of submission of any claim or dispute, shall be in writing and mailed to all the parties ;included in the arbitration. The decision of the arbitrator shall be binding upon the parties and judgment in accordance with that decision may be
entered in any court having jurisdiction thereof.

6.17  Confidentiality & Non-Disparagement.  Each party to this Agreement acknowledges and agrees that this Agreement, the subject matter of this Agreement, all actions taken or
required by any party to this Agreement in connection with this Agreement, and all actions contemplated or related to the performance of the express or implied obligations that each party has under this Agreement (all, collectively, as the "Confidential Matters") are
and will remain confidential and that any disclosure of the Confidential Matters will likely result in irreparable injury to one or more other parties to this Agreement. Notwithstanding the foregoing, any party to this Agreement shall have the right to disclose any
one or more of the Confidential Matters to the extent reasonably necessary to protect its rights under this Agreement or as may be required under the Securities Act of 1933, the Securities Exchange Act of 1934, and any similar laws of any state or other jurisdiction.
The Releasor further agrees not to issue or cause to be issued any press release, other public statement, or any other description or statement to any third party which may cause or result in the creation or distribution of any disparaging disclosure regarding
Releasee, Releasee's business, or any officer, director, employee, or agent of the Releasee at any time for a period of three (3) years from the date of this Agreement.

6.18  Additional Indemnification by Releasee of Releasor.  In addition to any and all other indemnification obligations of the Releasee to the Releasor under this Agreement, the
Releasee shall indemnify and defend the Releasor and shall hold the Releasor harmless, to the maximum extent permitted by the laws, and decisions of the Courts, of the State of Nevada and by any additional federal or state laws or Court decisions, for any action,
suit or proceeding in which the Releasor was or is a party or is threatened to be made a party in his capacity as, or as a result of the Releasor formerly being, a director and/or officer of the Releasee, including without limitation, any claim of, or action or
proceeding pending or instituted by, Greenland Corporation. This Section 6.18 expressly excludes indemnification of the Releasor for any conduct on the part of the Releasor, whether known or unknown, which would constitute a breach of fiduciary duties and/or
intentionally tortious conduct. This Section 6.18 is expressly excluded from any release by the Releasee under this Agreement.

IN WITNESS WHEREOF, the parties have executed this Agreement:

FOR RELEASEE:

	
BY:                                                                  

	
               

	
DATED: _________________

	
 

		
	
BY:                                                                  

		
DATED: _________________

	
 

		
	
FOR THE RELEASOR:

		
	
                                                                       

		
DATED: _________________Exhibit 4.2

Exhibit 4.2

	
WARRANT

	
For the Purchase of Common Stock, Par Value $0.001 per Share, of

	
VIPER NETWORKS, INC.

	
(Incorporated Under the Laws of the State of Nevada)

	
 

	
No. 1

	
 

	
Warrant to Purchase Common Stock

THIS IS TO CERTIFY, that, for value received, Jason Sunstein (the "Warrantholder"), is entitled, subject to the terms and conditions of that certain Settlement Agreement of August 26, 2005 between Officer/Director
(including certain affiliated entities of Officer/Director) and Viper Networks, Inc., a Nevada corporation and those terms and conditions hereinafter set forth and at any time prior to 5:00 P.M. P.D.T. August 26, 2009, San Diego, California Time, to purchase up to
_______________________ (_______) shares (the "Shares") of Common Stock (par value $0.001 per share) (the "Common Stock"), of VIPER NETWORKS, INC., a Nevada corporation (the "Corporation"), from the Corporation subject to the Warrantholder's full and faithful
performance of its obligations as recited in that certain Settlement Agreement, effective August 26, 2005 (the "Settlement Agreement") entered into between the Corporation and, the Warrantholder and other parties, and upon payment to the Corporation of Twenty Five
Cents ($0.25) per share (the "Purchase Price") if and to the extent this Warrant is exercised, in whole or in part, during the period this Warrant remains in force, subject in all cases to adjustment as provided in Article II hereof, and to receive a certificate or
certificates representing the Shares so purchased, upon presentation and surrender to the Corporation of this Warrant, with the form of subscription attached hereto duly executed, and accompanied by payment of the Purchase Price of each Share purchased.

ARTICLE I -- TERMS OF THE WARRANT

Section 1.01 Subject to the provisions of Sections 1.05 and 3.01 hereof, this Warrant may be exercised at any time and from time to time after 9:00 A.M., San Diego, California,  August 26, 2005 (the "Vesting
Provisions"). All rights to purchase the Shares and to exercise this Warrant shall expire at 5:00 P.M., P.D.T., August 26, 2009 (the "Expiration Time") after which it shall become void, and all rights hereunder shall thereupon cease.

Section 1.02 (1) The holder of this Warrant (the "Holder") may exercise this Warrant, in whole or in part, upon surrender of this Warrant with the form of subscription attached hereto duly executed, to the Corporation at
its corporate office in San Diego, California together with the full Purchase Price for each Share to be purchased in: (1) lawful money of the United States, or by certified check, bank draft or postal or express money order payable in United States dollars to the
order of the Corporation or (2) or in a “cashless” exercise transaction, and upon compliance with and subject to the conditions set forth herein.

(2) Upon receipt of this Warrant with the form of subscription duly executed and accompanied by payment of the aggregate Purchase Price for the Shares for which this Warrant is then being exercised, the Corporation shall
cause to be issued certificates for the total number of whole Shares for which this Warrant is being exercised in such denominations as are required for delivery to the Holder, and the Corporation shall thereupon deliver such certificates to the Holder or its
nominee.

(3) In case the Holder shall exercise this Warrant with respect to less than all of the Shares that may be purchased under this Warrant, the Corporation shall execute a new Warrant for the balance of the Shares that may
be purchased upon exercise of this Warrant and deliver such new Warrant to the Holder.

(4) The Corporation covenants and agrees that it will pay when due and payable any and all taxes which may be payable in respect of the issue of this Warrant, or the issue of any Shares upon the exercise of this Warrant.
The Corporation shall not, however, be required to pay A) any state, federal, franchise or income tax; or B) any tax which may be payable in respect of any transfer involved in the issuance or delivery of this Warrant or of the Shares in a name other than that of the
Holder at the time of surrender, and until the payment of such tax the Corporation shall not be required to issue such Shares.

Section 1.03 This Warrant may be split-up, combined or exchanged for another Warrant or Warrants of like tenor to purchase a like aggregate number of Shares. If the Holder desires to split-up, combine or exchange this
Warrant, he shall make such request in writing delivered to the Corporation at its corporate office and shall surrender this Warrant and any other Warrants to be so split-up, combined or exchange, the Corporation shall execute and deliver to the person entitled
thereto a Warrant or Warrants, as the case may be, as so requested. The Corporation shall not be required to effect any split-up, combination or exchange which will result in the issuance of a Warrant entitling the Holder to purchase upon exercise a fraction of a
Share. The Corporation may require the Holder to pay a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any split-up, combination or exchange of Warrants.

Section 1.04 Prior to due presentment for registration of transfer of this Warrant, the Corporation may deem and treat the Holder as the absolute owner of this Warrant (notwithstanding any notation of ownership or other
writing hereon) for the purpose of any exercise hereof and for all other purposes, and the Corporation shall not be affected by any notice to the contrary.

Section 1.05 This Warrant may not be sold, hypothecated, exercised, assigned or transferred, to any individuals, including, but not limited to, any entity owned, controlled, or affiliated with the Warrantholder except
that the Warrantholder may, upon notice and receipt of written approval of the Corporation, assign or transfer this Warrant to: (a) a trust for which the Warrantholder is the settlor or one or more of the beneficiaries; or (b) a legal dependent or heir of the
Warrantholder (pursuant to the laws of descent and distribution), provided that prior to any said assignment or transfer of this Warrant, the assignee or transferee of this Warrant executes such documents as the Corporation's counsel may reasonably require to ensure
that the terms the Settlement Agreement and this Warrant are approved and accepted by any proposed assignee or transferee. Further, any said proposed assignment or transfer shall be permissible only pursuant to the provisions of the Securities Act of 1933 and
applicable state securities law. Notwithstanding any assignment or transfer by the Warrantholder, any assigneee or transferee shall not acquire any rights to exercise this Warrant or purchase the Shares of the Common Stock described herein if the Warrantholder (or
any person named as a Releasor in the Settlement Agreement) has committed any breach of the obligations assumed by the Releasors in the Settlement Agreement.

Section 1.06 Any assignment permitted hereunder shall be made by surrender of this Warrant to the Corporation at its principal office with the form of assignment attached hereto duly executed and funds sufficient to pay
any transfer tax. In such event, the Corporation shall, without charge, execute and deliver a new Warrant in the name of the assignee named in such instrument of assignment and this Warrant shall promptly be canceled. This

Warrant may be divided or combined with other Warrants which carry the same rights upon presentation thereof at the corporate office of the Corporation together with a written notice signed by the Holder, specifying the
names and denominations in which such new Warrants are to be issued.

Section 1.07 Nothing contained in this Warrant shall be construed as conferring upon the Holder the right to vote or to consent or to receive notice as a stockholder in respect of any meetings of stockholders for the
election of directors or any other matter, or as having any rights whatsoever as a stockholder of the Corporation. If, however, at any time prior to the expiration of this Warrant and prior to its exercise, any of the following shall occur:

(a) the Corporation shall take a record of the holders of its shares of Common Stock for the purpose of entitling them to receive a dividend or distribution payable otherwise than in cash, or a cash dividend or
distribution payable otherwise than out of current or retained earnings, as indicated by the accounting treatment of such dividend or distribution on the books of the Corporation; or

(b) the Corporation shall offer to the holders of its Common Stock any additional shares of capital stock of the Corporation or securities convertible into or exchangeable for shares of capital stock of the Corporation,
or any option, right or warrant to subscribe therefor; or

(c) there shall be proposed any capital reorganization or reclassification of the Common Stock, or a sale of all or substantially all of the assets of the Corporation, or a consolidation or merger of the Corporation with
another entity; or

(d) there shall be proposed a voluntary or involuntary dissolution, liquidation or winding up of the Corporation; then, in any one or more of said cases, the Corporation shall cause to be mailed to the Holder, at the
earliest practicable time (and, in any event, not less than thirty (30) days before any record date or other date set for definitive action), written notice of the date on which the books of the Corporation shall close or a record shall be taken to determine the
stockholders entitled to such dividend, distribution, convertible or exchangeable securities or subscription rights, or entitled to vote on such reorganization, reclassification, sale, consolidation, merger, dissolution, liquidation or winding up, as the case may be.
Such notice shall also set forth such facts as shall indicate the effect of such action (to the extent such effect may be known at the date of such notice) on the Purchase Price and the kind and amount of the Common Stock and other securities and property deliverable
upon exercise of this Warrant. Such notice shall also specify the date as of which the holders of the Common Stock of record shall participate in said distribution or subscription rights or shall be entitled to exchange their Common Stock for securities or other
property deliverable upon such reorganization, reclassification, sale, consolidation, merger, dissolution, liquidation or winding up, as the case may be (on which date, in the event of voluntary or involuntary dissolution, liquidation or winding up of the
Corporation, the right to exercise this Warrant shall terminate).

Without limiting the obligation of the Corporation to provide notice to the holder of actions hereunder, it is agreed that failure of the Corporation to give notice shall not invalidate such action of the
Corporation.

Section 1.08 If this Warrant is lost, stolen, mutilated or destroyed, the Corporation shall, on such reasonable terms as to indemnity or otherwise as it may impose (which shall, in the case of a mutilated Warrant,
include the surrender thereof), issue a new Warrant of like denomination and tenor as, and in substitution for, this Warrant,

which shall thereupon become void. Any such new Warrant shall not constitute an additional contractual obligation of the Corporation, whether or not the Warrant so lost, stolen, destroyed or mutilated shall be at any
time enforceable by anyone; any such new Warrant shall operate solely to replace the Warrant so lost, stolen, destroyed or mutilated and the Corporation shall have the right to require that the Warrantholder and any other persons to indemnify the Corporation from and
against any costs or losses that the Corporation may incur as a result of or arising out of the loss, destruction, or mutilation of the Warrant.

Section 1.09 (1) The Corporation covenants and agrees that at all times it shall reserve and keep available for the exercise of this Warrant such number of authorized Shares as are sufficient to permit the exercise in
full of this Warrant.

(2) The Corporation covenants that all Shares, when issued upon the exercise of this Warrant, will be validly issued, fully paid, and non-assessable.

ARTICLE II -- ADJUSTMENT OF PURCHASE PRICE

AND NUMBER OF SHARES PURCHASABLE UPON EXERCISE

Section 2.01 In case the Corporation shall, while this Warrant remains unexercised, in whole or in part, and in force, effect a recapitalization of such character that the Shares purchasable hereunder shall be changed
into or become exchangeable for a larger or smaller number of shares, then, after the date of record for effecting such recapitalization, the number of Shares of Common Stock which the Holder hereof shall be entitled to purchase hereunder shall be increased or
decreased, as the case may be, in direct proportion to the increase or decrease in the number of shares of Common Stock by reason such recapitalization, and of the Purchase Price, per share, whether or not in effect immediately prior to the time of such
recapitalization, of such recapitalized Common Stock shall in the case of an increase in the number of such Shares be proportionately reduced, and in the case of a decrease in the number of such Shares shall be proportionately increased. For the purposes of this
Section 2.01, a stock dividend, stock split-up or reverse split shall be considered as a recapitalization and as an exchange for a larger or smaller number of shares, as the case may be.

Section 2.02 In case of any consolidation of the Corporation with, or merger of the Corporation into another corporation, or in case of any sale or conveyance of all or substantially all of the assets of the Corporation
other than in connection with a plan of complete liquidation of the Corporation, then, as a condition of such consolidation, merger or sale or conveyance, adequate provision shall be made whereby the Holder shall thereafter have the right to purchase and receive,
upon the basis and upon the terms and conditions specified in this Warrant and in lieu of Shares of Common Stock immediately theretofore purchasable and receivable upon the exercise of the rights represented hereby, such shares of stock or securities as may be issued
in connection with such consolidation, merger or sale or conveyance, with respect to or in exchange for the number of outstanding shares of Common Stock equal to the number of shares of Common Stock immediately theretofore purchasable and receivable upon the exercise
of the rights represented hereby had such consolidation, merger or sale or conveyance, not taken place, and in any such case appropriate provision shall be made with respect to the rights and interests of the Holder of this Warrant to the end that the provisions
hereof shall be applicable as nearly as may be in relation to any shares of stock or securities thereafter deliverable upon the exercise hereof.

Section 2.03 (a) In case the Corporation shall, while this Warrant remains unexercised, in whole or in part, and in force, issue (otherwise than by stock dividend or split-up or reverse split) or sell shares of its
Common Stock

(hereinafter referred to as "Additional Shares"), there shall be no adjustment in the number of Shares purchasable upon exercise of this Warrant or the Purchase Price, or both of them, on account of the issuance of the
Additional Shares or otherwise.

(b) In case the Corporation shall, while this Warrant remains unexercised, in whole or in part, and in force, issue or grant any rights to subscribe for or to purchase, or any option, for the purchase of, (i) Common
Stock or (ii) any indebtedness or shares of stock convertible into or exchangeable for Common Stock being hereinafter referred to as "Convertible Securities"), or issue or sell Convertible Securities, there shall be no adjustment in the number of Shares purchasable
upon exercise of this Warrant or the Purchase Price, or both of them, on account of the issuance of any said rights, option, or Convertible Securities or any combination of them.

Section 2.04 Subject to the provisions of Sections 1.01 and 2.05 of this Warrant, in case the Corporation shall, while this Warrant remains unexercised, in whole or in part, and in force, declare to make any distribution
of its assets to holders of Common Stock as a partial liquidating dividend, by way of return of capital or otherwise, then, after the date of record for determining stockholders entitled to such distribution, but prior to the date of distribution, the Holder shall be
entitled upon exercise of this Warrant (subject to the Vesting Provisions of Section 1.01 of this Warrant) and purchase of any or all of the Shares of Common Stock subject hereto, to receive the amount of such assets (or, at the option of the Corporation, a sum equal
to the value thereof at the time of such distribution to holders of Common Stock as such value is determined by the Board of Directors of the Corporation in good faith) which would have been payable to the Holder had he been the holder of such Shares of Common Stock
on the record date for the determination of stockholders entitled to such distribution.

Section 2.05 Except as otherwise provided in Section 2.02 above, in the case of any sale or conveyance of all or substantially all of the assets of the Corporation in connection with a plan of complete liquidation of the
Corporation, in the case of the dissolution, liquidation or winding-up of the Corporation, all rights under this Warrant shall terminate on a date fixed by the Corporation, such date so fixed to be not earlier than the date of the commencement of the proceedings for
such dissolution, liquidation or winding-up and not later than thirty (30) days after such commencement date. Notice of such termination of purchase rights (the "Purchase Rights Termination Notice") shall be given to the Holder at least thirty (30) days prior to such
termination date. The Holder shall after the Purchase Rights Termination has been given, but prior to the termination dated be entitled to exercise this Warrant, without regard to the Vesting Provisions of Section 1.01, and purchase any or all of the shares and
common stock subject hereto.

Section 2.06 Any adjustment pursuant to the provisions of this Article II shall be made on the basis of the number of Shares of Common Stock which the Holder would have been entitled to acquire by exercise of this
Warrant immediately prior to the event giving rise to such adjustment and, as to the Purchase Price per share in effect immediately prior to the event that giving rise to such adjustment. Whenever any such adjustment is required to be made, the Corporation shall
forthwith determine the new number of Shares of Common Stock which the Holder hereof shall be entitled to purchase hereunder and/or such new Purchase Price per share and shall prepare, retain on file and transmit to the Holder within thirty (30) days after such
preparation a statement describing in reasonable detail the method used in calculating such adjustment.

Section 2.07 Anything contained herein to the contrary notwithstanding, the Corporation shall not be required to issue any fraction of a Share in connection with the exercise of this Warrant, and in any case where the
Holder would, except for the provisions of this Section 2.07, be entitled under the terms of this Warrant to receive a

fraction of a Share upon such exercise, the Company shall upon the exercise and receipt of the Purchase Price, issue the largest number of whole Shares purchasable upon exercise of this Warrant. The Corporation shall not
be required to make any cash or other adjustment in respect of such fraction of a Share to which the Holder would otherwise be entitled. The Holder, by the acceptance of this Warrant, expressly waives his right to receive a certificate for any fraction of a Share
upon exercise hereof.

Section 2.08 The form of Warrant need not be changed because of any change pursuant to this Article II in the Purchase Price or in the number of Shares of Common Stock purchasable upon the exercise of a Warrant, and
Common Stock Purchase Warrants issued after such change may state the same Purchase Price and the same number of shares of Common Stock as are stated in the Warrants initially issued pursuant to the Settlement Agreement.

ARTICLE III --

REGISTRATION UNDER THE SECURITIES ACT OF 1933

Section 3.01 This Warrant and the Shares of Common Stock issuable upon exercise of this Warrant have not been registered under the Securities Act of 1933, as amended ("the Act") and no rights to register this Warrant
under the Act, the Shares underlying the Warrant, or both of them, has been granted the Warrantholder. The Warrantholder acknowledges and agrees that the Warrant and the shares underlying the Warrant shall not be sold, transferred, or hypothecated absent an opinion,
acceptable to the Corporation's counsel, that any said sale, transfer, or hypothecation is exempt from the registration requirements of the Act. Any Shares of the Corporation's Common Stock issued upon exercise of this Warrant shall bear the following
legend:

"The Shares represented by this Certificate have not been registered under the Securities Act of 1933, as amended, and may not be transferred in the absence of a registration statement covering said Shares or an opinion
of Counsel to the Company that such registration is not required."

ARTICLE IV -- OTHER MATTERS

Section 4.01 The Corporation will from time to time promptly pay, subject to the provisions of paragraph (4) of Section 1.02 hereof, all taxes and charges that may be imposed upon the Corporation in respect of the
issuance or delivery of this Warrant or the Shares purchasable upon the exercise of this Warrant.

Section 4.02 All the covenants and provisions of this Warrant by or for the benefit of the Corporation shall bind and inure to the benefit of its successors and assigns hereunder.

Sections 4.03 Notices or demands pursuant to this Warrant to be given or made by the Holder to or on the Corporation shall be sufficiently given or made if sent by certified or registered mail, return receipt requested,
postage prepaid, and addressed, until another address is designated in writing by the Corporation, as follows:

Viper Networks, Inc. 10373 Roselle Street, Suite 170 San Diego, California 92121

Notices to the Holder provided for in this Warrant shall be deemed given or made by the Corporation if sent by certified or registered mail, return receipt requested, postage prepaid, and addressed to the Holder at his
last known address as it shall appear on the books of the Corporation.

Section 4.04 The validity, interpretation and performance of this Warrant shall be governed by the laws of the State of Nevada.

Section 4.05 Nothing in this Warrant expressed and nothing that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other than the
Corporation and the Holder any right, remedy or claim under promise or agreement hereof, and all covenants, conditions, stipulations, promises and agreements contained in this Warrant shall be for the sole and exclusive benefit of the Corporation and its successors
and of the Holder, its successors and, if permitted, its assignees.

Section 4.06 The Article headings herein are for convenience only and are not part of this Warrant and shall not affect the interpretation thereof.

IN WITNESS WHEREOF, this Warrant has been duly executed by the Corporation under its corporate seal as of the 26th day of August, 2005.

VIPER NETWORKS, INC.

BY: ______________________________________

Paul E. Atkiss, Chief Financial Officer

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