Document:

EXHIBIT 4.1

                                  VPGI CORP.
                             (the "Corporation")

                          CERTIFICATE OF DESIGNATION

          FIXING THE NUMBER AND DESIGNATING THE RIGHTS, PRIVILEGES,
      RESTRICTIONS AND CONDITIONS ATTACHING TO THE SERIES 2004-L CLASS A
                              PREFERENCE SHARES

 WHEREAS:

 A.   The Corporation's share  capital includes  1,000,000 Preference  Shares
 par value, USD$1.00 per share which  Preference Shares may be issued in  one
 or more series  with the directors  of the Corporation  (the "Board")  being
 entitled by resolution to  fix the number  of shares in  each series and  to
 designate the rights, privileges,  restrictions and conditions attaching  to
 the share of each series; and

 B.   It is in the best interests of the Corporation for the Board to  create
 a series of Class A Preference Shares;

 NOW, THEREFORE, BE IT RESOLVED, THAT:

 A new  series of  Class A  Preference  Shares of  the Corporation  shall  be
 designated as the Series 2004-L Class A Preference Shares (the "Series 2004-
 L Class A Shares") and in  addition to the preferences, rights,  privileges,
 restrictions and conditions attaching to all  the Class A Preference  Shares
 as a class, the rights, privileges, restrictions and conditions attaching to
 the Series 2004-L Class A Shares shall be as follows:

 Part 1 - Pre-emptive Rights.

 1.1  The Series 2004-L Class A Shares shall not give their holders any  pre-
 emptive rights to acquire any other securities issued by the Corporation  at
 any time in the future.

 Part 2 - Liquidation Rights.

 2.1  If the Corporation  shall be voluntarily  or involuntarily  liquidated,
 dissolved or wound up,  at any time  when any Series  2004-L Class A  Shares
 shall be  outstanding, the  holders of  the then  outstanding Series  2004-L
 Class A Shares shall have a preference in distribution of the  Corporation's
 property available for distribution to the holders of the Corporation's  par
 value USD$.001 common  shares ("Common Stock"  or Common  Shares") equal  to
 USD$10,000 consideration per each Series 2004-L Class A Share  ("Liquidation
 Value"); provided, however,  that the amalgamation  of the Corporation  with
 any Corporation or corporations, or the sale or transfer by the  Corporation
 of all  or  substantially all  of  its property  shall  be deemed  to  be  a
 liquidation of the Corporation within the  meaning of any of the  provisions
 of this Part 2.

 2.2  All amounts to be paid as preferential distributions to the holders  of
 Series 2004-L Class A Shares as provided in this Part 2 shall be paid or set
 apart for payment  before the payment  or setting apart  for payment of  any
 amount for, or the distribution of any of the Corporation's property to  the
 holders of Common Stock, whether now or hereafter authorized, in  connection
 with such liquidation, dissolution or winding up.

 2.3  At any time  while any shares  of Series 2004-L  Class A Shares  remain
 outstanding, the Corporation will not amend its Articles of Incorporation in
 any manner, without the  holders' prior written  consent, that would  permit
 any equity security of the Corporation to have a liquidation preference that
 is superior to the Series 2004-L Class A Shares.

 Part 3 - Dividends.

 3.1  Holders of record of Series 2004-L Class A Shares shall be entitled  to
 receive 14%  cumulative dividends  on their  Series 2004-L  Class A  Shares,
 payable as follows:  4% dividends shall be payable quarterly.  10% dividends
 shall accumulate and  be payable upon  (a) the conversion  of Series  2004-L
 Class A Shares to Common Stock, (b) the redemption of Series 2004-L Class  A
 Shares, or (c)  such time as  the Corporation generates  positive cash  flow
 sufficient to pay such dividends.

 Part 4 - Conversion.

 4.1  Any holder  of Series  2004-L Class  A  Preferred Stock  (an  "Eligible
 Holder") may at any time after six (6) months from the date hereof,  subject
 to the Corporation's right of redemption, convert any whole number of shares
 of Series 2004-L Class A Preferred Stock in accordance with this Part.   For
 the purposes of conversion, the Series 2004-L Class A Preferred Stock  shall
 be valued at USD$10,000 per share  ("Value"), and, if converted, the  Series
 2004-L Class A Preferred Stock shall be converted into such number of Common
 Shares of  the  Corporation (the  "Conversion  Shares") as  is  obtained  by
 dividing the  aggregate  Value  of  the shares  of  Series  2004-L  Class  A
 Preferred Stock being so converted by the "Conversion Price."  For  purposes
 of this  Part,  the  "Conversion  Price" means  USD$1.00.    The  number  of
 Conversion Shares so determined shall be rounded to the nearest whole number
 of shares.

 4.2  The conversion right  provided by the  above section  may be  exercised
 only by an  Eligible Holder  of Series 2004-L  Class A  Preferred Stock,  in
 whole or  in  part, by  the  surrender of  the  share certificate  or  share
 certificates representing the Series  2004-L Class A  Preferred Stock to  be
 converted at the principal office of the Corporation (or at such other place
 as the Corporation may designate in a  written notice sent to the holder  by
 first-class mail, postage prepaid, at its address shown on the books of  the
 Corporation) against delivery of that number of whole Common Shares as shall
 be computed by dividing (1) the aggregate Value of the Series 2004-L Class A
 Preferred Stock so surrendered, if any,  by (2) the Conversion Price.   Each
 Series 2004-L Class A Preferred Stock certificate surrendered for conversion
 shall  be  endorsed by  its holder.  In  the event  of any  exercise of  the
 conversion right of the Series 2004-L Class A Preferred Stock granted herein
 (i) share certificates representing the Common Stock purchased by virtue  of
 such exercise shall  be delivered  to such  holder within  10 business  days
 after receipt by the  Corporation of the original  Notice of Conversion  and
 the certificate representing the Series 2004-L Class A Preferred Stock  (the
 tenth business day after  receipt of such  original documents, not  counting
 the date of receipt, being the "Delivery Date"), and (ii) unless the  Series
 2004-L Class  A  Preferred Stock  has  been  fully converted,  a  new  share
 certificate representing the Series  2004-L Class A  Preferred Stock not  so
 converted, if any, shall also be delivered to such holder on or before  such
 Delivery Date, or carried on the  Corporation's ledger, at holder's  option.
 Any Eligible Holder  may exercise  its right  to convert  the Series  2004-L
 Class A Preferred Stock by telecopying  an executed and completed Notice  of
 Conversion to the  Corporation, and within  72 hours thereafter,  delivering
 the original  Notice  of Conversion  and  the certificate  representing  the
 Series 2004-L Class A Preferred Stock to the Corporation by express courier.
 Each date on  which a  telecopied Notice of  Conversion is  received by  the
 Corporation in  accordance with  the provisions  hereof  shall be  deemed  a
 Conversion Date.  The  Corporation will cause delivery  of the Common  Stock
 certificates issuable upon conversion of any Series 2004-L Class A Preferred
 Stock (together with the certificates representing the Series 2004-L Class A
 Preferred Stock not so converted, if  requested) to the Eligible Holder  via
 express courier  on or  before  the Delivery  Date  if the  Corporation  has
 received the  original  Notice  of Conversion  and  Series  2004-L  Class  A
 Preferred Stock  certificate  being so  converted  in accordance  with  this
 paragraph.

 4.3  All Common Shares which may be issued upon conversion of Series  2004-L
 Class A  Shares  will,  upon  issuance,  be  duly  issued,  fully  paid  and
 nonassessable and free from  all taxes, liens, and  charges with respect  to
 the issue thereof.  At all times that  any Series 2004-L Class A Shares  are
 outstanding, the Corporation shall have authorized, and shall have  reserved
 for the purpose  of issuance upon  such conversion, a  sufficient number  of
 Common Shares to provide for the conversion into Common Shares of all Series
 2004-L Class  A Shares  then outstanding  at the  then effective  Conversion
 Price.

 4.4  Notwithstanding the provisions hereof, in no event shall the holder  be
 entitled to convert any Series 2004-L  Class A Preferred Stock  in excess of
 that number of shares upon conversion of which the sum of (1) the number  of
 Common Shares beneficially owned  by such holder  and its affiliates  (other
 than Common  Shares  which may  be  deemed beneficially  owned  through  the
 ownership of the unconverted  portion of the Preferred  Stock),  and (2) the
 number of  shares  of Common  Stock  issuable  upon the  conversion  of  the
 Preferred Stock with respect to which  the determination  of this proviso is
 being made, would result in beneficial ownership by the Eligible Holder  and
 its affiliates of more than 4.9% of the outstanding shares of Common  Stock.
 For  purposes  of  the  proviso  to  the  immediately  preceding   sentence,
 beneficial ownership shall be determined in accordance with Section 13(d) of
 the Securities  Exchange Act  of 1934,  as amended,  and Regulation  13  D-G
 thereunder, except as otherwise provided in clause (1) of such proviso.

 4.5  If on any  date:  (a)  the Common Stock  is listed for  trading on  The
 Nasdaq Stock Market  (or any other  subsequent market)  ("Nasdaq"), (b)  the
 number of shares of  Common Stock to  be issued upon  the conversion of  the
 Series 2004-L Class A  Shares, combined with all  other issuances of  Common
 Stock which, under the requirements of Nasdaq are required to be  aggregated
 with such  issuance  for  determining  the  need  for  stockholder  approval
 ("Stockholder Approval")  for the  listing of  the shares  to be  issued  on
 Nasdaq, would equal or  exceed 19.9% of  the total number  of shares of  the
 Common Stock outstanding  immediately prior  to the  original issuance  date
 (the "Issuable Maximum") and (c) the  issuance of shares of Common Stock  in
 excess of the Issuable Maximum has not been approved by the stockholders  of
 the Corporation in accordance with the  applicable rules and regulations  of
 Nasdaq then, to the extent that the conversion of the Series 2004-L Class  A
 Shares would result in the issuance of  shares of Common Stock in excess  of
 an Eligible  Holder's  pro rata  allocation  of the  Issuable  Maximum  (the
 "Excess Amount"), the Corporation shall use  its reasonable best efforts  to
 obtain the  Stockholder Approval  applicable to  such  issuance as  soon  as
 possible, but in any event not later  than the 100th day after such  request
 (the "Approval Date").

 4.6  No Series 2004-L Class A Shares  which have been converted into  Common
 Shares shall be reissued  by the Corporation;  provided, however, that  each
 such share,  after being  retired and  canceled, shall  be restored  to  the
 status of  an  authorized but  unissued  Class A  Preference  Share  without
 designation as  to  series  and  may  thereafter be  issued  as  a  Class  A
 Preference Share not designated as Series 2004-L Class A Share.

 Part 5 - Redemption.

 5.1  At any  time, and  from time  to time,  before or  after receipt  of  a
 Conversion Notice, the Corporation may, at its sole option, but shall not be
 obligated to, redeem, in whole or in part, the then outstanding Series 2004-
 L Class A Shares  at a price per  share of its  face value (the  "Redemption
 Price") (such  price to  be adjusted  proportionately in  the event  of  any
 change in the Conversion Price  or any change of  the Series 2004-L Class  A
 Shares into a different number of Shares).

 5.2  Seven (7) days prior to any date stipulated by the Corporation for  the
 redemption of Series 2004-L Class A Shares (the "Redemption Date"),  written
 notice (the "Redemption Notice") shall be mailed to each holder of record on
 such notice date of the Series 2004-L Class A Shares.  The Redemption Notice
 shall state (I) the Redemption Date of such Shares (ii) the number of Series
 2004-L Class A Shares to be redeemed from the holder to whom the  Redemption
 Notice is addressed (iii) instructions for surrender to the Corporation,  in
 the manner  and at  the place  designated of  a share  certificate or  share
 certificates representing the  number of Series  2004-L Class  Shares to  be
 redeemed from such holder and (iv) instructions as to how to specify to  the
 Corporation the number  of Series 2004-L  Class A Shares  to be redeemed  as
 provided in this Part and the number  of shares to be converted into  Common
 Shares.

 5.3  Upon receipt of the Redemption Notice,  any Eligible Holder shall  have
 the right, subject to Section 4.4, to convert into Common Shares that number
 of Series 2004-L Class A Shares not called for redemption in the  Redemption
 Notice.

 5.4  On or before the Redemption Date in respect of any Series 2004-L  Class
 A  Shares,  each  holder  of  such  shares  shall  surrender  the   required
 certificate or certificates representing such shares to the Corporation,  in
 the manner and at  the place designated in  the Redemption Notice, and  upon
 the Redemption Date,  the Redemption  Price for  such shares  shall be  made
 payable, in the manner provided in Section  5.5 hereof, to the order of  the
 person whose name appears on such  certificate or certificates as the  owner
 thereof, and  each  surrendered  share certificate  shall  be  canceled  and
 retired.  If a share certificate is surrendered and all the shares evidenced
 thereby are not being redeemed (as  described below), the Corporation  shall
 cause the Series 2004-L Class  A Shares which are  not being redeemed to  be
 registered in the names of the persons  whose names appear as the owners  on
 the respective surrendered share  certificates and deliver such  certificate
 to such person.

 5.5  On the Redemption Date in respect  of any Series 2004-L Class A  Shares
 or prior thereto, the  Corporation shall deposit  with a mutually  agreeable
 escrow agent, as a trust fund, a sum equal to the aggregate Redemption Price
 of all  such shares  called for  redemption (less  the aggregate  Redemption
 Price for  those  Series 2004-L  Class  A Shares  in  respect of  which  the
 Corporation has  received notice  from the  Eligible Holder  thereof of  its
 election to convert Series 2004-L Class  A Shares into Common Shares),  with
 irrevocable instructions and  authority to the  escrow agent to  pay, on  or
 after the Redemption Date,  the Redemption Price  to the respective  holders
 upon  the  surrender  of  their  share   certificates.   The  deposit  shall
 constitute full payment for the shares to their holders, and from and  after
 the date of the deposit the redeemed shares shall be deemed to be no  longer
 outstanding, and holders thereof shall cease to be shareholders with respect
 to such shares  and shall  have no rights  with respect  thereto except  the
 rights to receive from the escrow agent payments of the Redemption Price  of
 the shares, without interest, upon surrender of their certificates  thereof.
 Any funds so deposited and  unclaimed at the end  of one year following  the
 Redemption Date shall be released or repaid to the Corporation, after  which
 the former holders  of shares  called for  redemption shall  be entitled  to
 receive payment of the Redemption Price in respect of their shares only from
 the Corporation.

 Part 6 - Amendment.

 6.1  In addition  to any  requirement  for a  series  vote pursuant  to  the
 General Corporation  Laws  in  respect  of  any  amendment  to  the  rights,
 privileges, restrictions and conditions attaching to the Series 2004-L Class
 A Shares, the rights, privileges,  restrictions and conditions attaching  to
 the Series 2004-L Class A Shares may be amended only if the Corporation  has
 obtained the  affirmative  vote at  a  duly called  and  held meeting  of  a
 majority of  the Series  2004-L Class  A Shares  or written  consent by  the
 holders of a majority of the Series 2004-L Class A Shares then outstanding.EXHIBIT 4.2

 THE SECURITIES REPRESENTED BY THESE WARRANTS  AND THE COMMON STOCK  ISSUABLE
 THEREBY HAVE  NOT BEEN  REGISTERED  UNDER THE  SECURITIES  ACT OF  1933,  AS
 AMENDED (THE "SECURITIES ACT"), OR ANY OTHER APPLICABLE SECURITIES LAW.  THE
 SECURITIES REPRESENTED  BY THESE  WARRANTS MAY  NOT BE  TRANSFERRED,  EXCEPT
 PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT  UNDER, OR IN A  TRANSACTION
 EXEMPT FROM REGISTRATION UNDER,  THE SECURITIES ACT  AND IN ACCORDANCE  WITH
 ANY OTHER APPLICABLE SECURITIES LAWS.

                                   WARRANTS

                           to Purchase Common Stock of

                                   VPGI Corp.

                         Expiring on November 10, 2009

 Warrant No. 2004-J-02

      This Common Stock Purchase Warrant  (the "Warrant") certifies that  for
 value received, Trident Growth  Fund, LP (the "Holder")  or its assigns,  is
 entitled to  subscribe for  and purchase  from the  Company (as  hereinafter
 defined), in whole or  in part, 760,000 shares  of duly authorized,  validly
 issued, fully paid and nonassessable shares of Common Stock (as  hereinafter
 defined) at  an  initial Exercise  Price  as hereinafter  defined,  subject,
 however, to the provisions and upon the terms and conditions hereinafter set
 forth.   The number  of Warrants  (as hereinafter  defined), the  number  of
 shares of  Common  Stock  purchasable  hereunder,  and  the  Exercise  Price
 therefore are  subject  to  adjustment as  hereinafter  set  forth.    These
 Warrants and all  rights hereunder shall  expire on November  10, 2009  (the
 "Expiration Date").

                                   ARTICLE I

                                  Definitions

      As used herein, the following terms  shall have the meanings set  forth
 below:

      I.1  "Company" shall mean  VPGI Corp.  a Texas  corporation, and  shall
 also  include  any  successor  thereto  with  respect  to  the   obligations
 hereunder, by merger, consolidation or otherwise.

      I.2  "Common Stock" shall mean and include the Company's common  stock,
 $.001 par value per share, authorized on  the date of the original issue  of
 this Warrant  and shall  also include  (i) in  case of  any  reorganization,
 reclassification, consolidation, merger, share exchange or sale, transfer or
 other disposition  of assets,  the stock  or other  securities provided  for
 herein, and (ii) any other shares of common stock of the Company into  which
 such shares of Common Stock may be converted.

      I.3  "Exercise Price" shall be $.10 per  share of Common Stock  payable
 upon exercise of  the Warrants subject  to adjustment at  the times, and  in
 accordance with the provisions set forth herein with respect to same.

      I.4  "Market Price" for  any day, when  used with  reference to  Common
 Stock, shall mean the price of said Common Stock determined by reference  to
 the last  reported sale  price for  the  Common Stock  on  such day  on  the
 principal securities  exchange  on  which the  Common  Stock  is  listed  or
 admitted to trading or if no such sale takes place on such date, the average
 of the closing bid and asked  prices thereof as officially reported, or,  if
 not so listed or  admitted to trading on  any securities exchange, the  last
 sale price for the  Common Stock on the  National Association of  Securities
 Dealers national market system on such date, or, if there shall have been no
 trading on such  date or if  the Common Stock  shall not be  listed on  such
 system, the average  of the closing  bid and asked  prices in the  over-the-
 counter market as furnished  by any NASD member  firm selected from time  to
 time by the Company for such purpose or, if the Common Stock is not  traded,
 then such  price as  is  reasonably determined  by  the Company's  Board  of
 Directors.

      I.5  "Warrant" shall  mean  the right  upon  exercise to  purchase  one
 Warrant Share.

      I.6  "Warrant Shares" shall mean the  shares of Common Stock  purchased
 or purchasable by the holder hereof upon the exercise of the Warrants.

                                  ARTICLE II

                             Exercise of Warrants

      II.1 Method of  Exercise.    The Warrants  represented  hereby  may  be
 exercised by the holder hereof, in  whole or in part,  at any time and  from
 time to time on  or after the  date hereof until  5:00 p.m., Houston,  Texas
 time, on the Expiration Date.   To exercise the Warrants, the holder  hereof
 shall deliver to the Company, at the Warrant Office designated herein, (i) a
 written notice in the form of the Subscription Notice attached as an exhibit
 hereto, stating therein the election of such holder to exercise the Warrants
 in the manner provided in the  Subscription Notice; (ii) payment in full  of
 the Exercise Price  (A) in  cash or  by bank  check for  all Warrant  Shares
 purchased hereunder, or (B) through a "cashless" or "net-issue" exercise  of
 each such  Warrant ("Cashless  Exercise"); the  holder shall  exchange  each
 Warrant subject to  a Cashless Exercise  for that number  of Warrant  Shares
 determined by multiplying the number of Warrant Shares issuable hereunder by
 a fraction, the numerator of which  shall be the difference between  (x) the
 Market Price  and (y) the  Exercise Price  for each  such Warrant,  and  the
 denominator of  which shall  be the  Market Price;  the Subscription  Notice
 shall set forth the calculation upon which the Cashless Exercise is   based,
 or (C) a combination of  (A) and (B) above;  and (iii) these Warrants.   The
 Warrants shall be  deemed to  be exercised  on the  date of  receipt by  the
 Company of the Subscription Notice, accompanied  by payment for the  Warrant
 Shares and  surrender of  these Warrants,  as aforesaid,  and such  date  is
 referred to herein as the "Exercise Date".  Upon such exercise, the  Company
 shall, as promptly  as practicable  and in  any event  within five  business
 days, issue and deliver to such holder a certificate or certificates for the
 full number of the  Warrant Shares purchased by  such holder hereunder,  and
 shall, unless the Warrants have expired, deliver to the holder hereof a  new
 Warrant representing the  number of Warrants,  if any, that  shall not  have
 been exercised,  in all  other respects  identical to  these Warrants.    As
 permitted by applicable law, the person  in whose name the certificates  for
 Common Stock are to  be issued shall be  deemed to have  become a holder  of
 record of such Common Stock  on the Exercise Date  and shall be entitled  to
 all of the benefits of such  holder on the Exercise Date, including  without
 limitation the right to receive dividends and other distributions for  which
 the record date falls on or after  the Exercise Date and to exercise  voting
 rights.

      II.2 Expenses and Taxes.  The Company shall pay all expenses and  taxes
 (including, without limitation,  all documentary, stamp,  transfer or  other
 transactional  taxes)   other  than   income  taxes   attributable  to   the
 preparation, issuance  or delivery  of the  Warrants and  of the  shares  of
 Common Stock issuable upon exercise of the Warrants.

      II.3 Reservation of Shares.  Company shall reserve at all times so long
 as the Warrants remain outstanding, free from preemptive rights, out of  its
 authorized but unissued shares  of Common Stock, solely  for the purpose  of
 effecting the exercise  of the Warrants,  a sufficient number  of shares  of
 Common Stock to provide for the exercise of the Warrants.

      II.4 Valid Issuance.   All shares of  Common Stock that  may be  issued
 upon exercise of the  Warrants will, upon issuance  by the Company, be  duly
 and validly issued, fully  paid and nonassessable and  free from all  taxes,
 liens and charges with respect to the issuance thereof and, without limiting
 the generality of the foregoing, the Company shall take no action or fail to
 take any  action which  will cause  a  contrary result  (including,  without
 limitation, any action that would cause  the Exercise Price to be less  than
 the par value, if any, of the Common Stock).

      II.5 Loan Agreement.   The Warrants represented  hereby were issued  on
 conjunction with a Loan Agreement dated  on or about November 10, 2004  (the
 "Loan Agreement") between the Company and  the Holder.  The Holder shall  be
 entitled to the  rights to  registration under  the Securities  Act and  any
 applicable state securities or blue sky laws to the extent set forth in  the
 registration rights provision found in the Loan Agreement.  The terms of the
 registration rights  provisions  are  hereby  incorporated  herein  for  all
 purposes and shall be considered a part of this Warrant as if they had  been
 fully set forth herein.

      II.6 Acknowledgment of Rights.   At  the time  of the  exercise of  the
 Warrants in accordance with the terms hereof and upon the written request of
 the holder hereof, the  Company will acknowledge  in writing its  continuing
 obligation  to  afford  to  such  holder  any  rights  (including,   without
 limitation, any right to registration of  the Warrant Shares) to which  such
 holder shall continue to be entitled after such exercise in accordance  with
 the provisions  of these  Warrants; provided,  however, that  if the  Holder
 hereof shall fail to  make any such request,  such failure shall not  affect
 the continuing obligation of the Company  to afford to such Holder any  such
 rights.

      II.7 No Fractional Shares.  The Company shall not be required to  issue
 fractional shares of  Common Stock on  the exercise of  these Warrants.   If
 more than one Warrant shall  be presented for exercise  at the same time  by
 the same holder, the number  of full shares of  Common Stock which shall  be
 issuable upon such exercise shall be computed on the basis of the  aggregate
 number of  whole shares  of  Common Stock  purchasable  on exercise  of  the
 Warrants so presented.  If  any fraction of a  share of Common Stock  would,
 except for the provisions  of this Section, be  issuable on the exercise  of
 this Warrant, the Company shall pay an amount in cash calculated by it to be
 equal to the Market Price of one share of  Common Stock at the time of  such
 exercise multiplied by such fraction computed to the nearest whole cent.

                                   ARTICLE III

                                     Transfer

      III.1     Warrant Office.   The Company  shall maintain  an office  for
ertain purposes specified  herein (the "Warrant Office"), which office  shall
nitially be  the Company's offices at P.O. Box  802808, Dallas, Texas 75380
nd may  subsequently be such other office of  the Company or of any  transfer
gent  of the  Common  Stock in  the continental  United  States as  to  which
ritten  notice has previously been  given to the Holder.   The Company  shall
aintain,  at the Warrant  Office, a register  for the Warrants  in which  the
ompany shall  record the name and address of  the Person in whose name  these
arrants has  been issued, as well as the  name and address of each  permitted
ssignee of the rights of the registered owner hereof.

      III.2     Ownership of Warrants.   The Company may  deem and treat  the
 Person in whose  name the Warrants  are registered as  the holder and  owner
 hereof until provided  with notice  to the contrary.   The  Warrants may  be
 exercised by an assignee for the  purchase of Warrant Shares without  having
 new Warrants issued.

      III.3     Restrictions on Transfer of Warrants.  These Warrants may  be
 transferred, in whole  or in part,  by the Holder.   The  Company agrees  to
 maintain at the Warrant  Office books for the  registration and transfer  of
 the Warrants.  The Company, from  time to time, shall register the  transfer
 of the Warrants in such books upon surrender of this Warrant at the  Warrant
 Office properly  endorsed  or  accompanied  by  appropriate  instruments  of
 transfer and written instructions for transfer.  Upon any such transfer  and
 upon payment by  the holder  or its  transferee of  any applicable  transfer
 taxes, new Warrants shall be issued to the transferee and the transferor (as
 their respective interests may appear) and the surrendered Warrants shall be
 cancelled by  the Company.   The  Company shall  pay all  taxes (other  than
 securities transfer  taxes  or income  taxes)  and all  other  expenses  and
 charges payable in connection with the transfer of the Warrants pursuant  to
 this Section.

      III.4     Compliance with Securities Laws.   Subject to  the  terms  of
 the Registration Rights Agreement  and notwithstanding any other  provisions
 contained in  these Warrants,  the Holder  understands and  agrees that  the
 following restrictions and  limitations shall be  applicable to all  Warrant
 Shares and  to  all resales  or  other  transfers thereof  pursuant  to  the
 Securities Act:

      III.4.1   The holder hereof agrees that the  Warrant Shares may not  be
 sold or otherwise transferred unless the Warrant Shares are registered under
 the Securities Act and applicable state  securities or blue sky laws or  are
 exempt therefrom.

      III.4.2   A legend in substantially the  following form will be  placed
 on the certificate(s) evidencing the Warrant Shares:

           "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
      REGISTERED UNDER  THE  SECURITIES ACT  OF  1933, AS  AMENDED  (THE
      "SECURITIES ACT"),  OR ANY  OTHER APPLICABLE  SECURITIES LAW  AND,
      ACCORDINGLY, THE SECURITIES  REPRESENTED BY  THIS CERTIFICATE  MAY
      NOT BE RESOLD, PLEDGED, OR OTHERWISE TRANSFERRED, EXCEPT  PURSUANT
      TO AN EFFECTIVE REGISTRATION STATEMENT UNDER, OR IN A  TRANSACTION
      EXEMPT  FROM  REGISTRATION  UNDER,  THE  SECURITIES  ACT  AND   IN
      ACCORDANCE WITH ANY OTHER APPLICABLE SECURITIES LAWS."

                                  ARTICLE IV

                                 Anti-Dilution

    IV.1        If and  whenever  any  Additional  Common  Stock  (as  herein
 defined) shares shall be issued by the Company (the "Stock Issue Date")  for
 a consideration per share  less than the Exercise  Price, then in each  such
 case the initial Exercise Price shall be reduced to a new Exercise Price  in
 an amount equal to the consideration  per share received by the Company  for
 the additional shares of Common Stock  then issued and the number of  shares
 issuable to Holder upon conversion shall be proportionately increased;  and,
 in the case  of shares issued  without consideration,  the initial  Exercise
 Price shall  be reduced  in amount  and  the number  of shares  issued  upon
 conversion shall be increased in an amount so as to maintain for the  Holder
 the right to exercise   into shares equal in  amount to the same  percentage
 interest in  the Common  Stock of  the  Company as  existed for  the  Holder
 immediately preceding the Stock Issue Date.

    IV.2   Consideration for Shares:  In case  of the issuance of  Additional
 Common Stock for a  consideration part or  all of which  shall be cash,  the
 amount of the cash consideration therefore shall be deemed to be the  amount
 of the cash received by Company  for such shares, after any compensation  or
 discount in the sale,  underwriting or purchase  thereof by underwriters  or
 dealers or others performing similar services  or for any expenses  incurred
 in  connection  therewith.  In  case  of the  issuance  of  any   shares  of
 Additional Common Stock for  a consideration part or  all of which shall  be
 other than cash, the amount of the consideration therefore, other than cash,
 shall be deemed to be the then fair market value of the property received as
 determined by an investment banking firm selected by Lender.

    IV.3   Reclassification of  Shares: In  case of  the reclassification  of
 securities into shares of Common Stock, the shares of Common Stock issued in
 such  reclassification  shall  be   deemed  to  have   been  issued  for   a
 consideration other than cash.  Shares of Additional Common Stock issued  by
 way of dividend or other distribution on  any class of stock of the  Company
 shall be deemed to have been issued without consideration.

    IV.4   Split up or Combination of Shares: In case issued and  outstanding
 shares of Common Stock shall be subdivided or split up into a greater number
 of shares of the Common Stock,  the Exercise Price shall be  proportionately
 decreased, and in case issued and  outstanding shares of Common Stock  shall
 be combined into a  smaller number of shares  of Common Stock, the  Exercise
 Price shall be proportionately increased, such increase or decrease, as  the
 case may be, becoming  effective at the  time of record  of the split-up  or
 combination, as the case may be.

    IV.5   The term "Additional Common Stock" herein  shall mean in the  most
 broadest sense all shares  of Common Stock hereafter  issued by the  Company
 (including, but not  limited to  Common Stock held  in the  treasury of  the
 Company and common stock  purchasable via derivative  security or option  on
 the date of  such grant), except  Common Stock issued  upon the exercise  of
 this warrant or the Convertible Notes.

    IV.6   In the event of  distribution to all Common  Stock holders of  any
 stock, indebtedness of  the Company or  assets or other  rights to  purchase
 securities or assets, then, after such event, the Exercise Price reduced  to
 so as to  entitle the  Holder to the  economic interest  he had  immediately
 prior to the occurrence of such event.

    IV.7   In case  of any  capital reorganization,  reclassification of  the
 stock of the Company (other than a change in par  value or as a result of  a
 stock dividend,  subdivision,  split  up  or  combination  of  shares),  the
 Exercise Price  reduced to  so as  to  entitle the  Holder to  the  economic
 interest he had immediately  prior to the  occurrence of such  event.    The
 provisions of the  foregoing sentence  shall similarly  apply to  successive
 reorganizations,  reclassifications,   consolidations,  exchanges,   leases,
 transfers or other dispositions or other share exchanges.

    IV.8   Notice of Adjustment. (A) In the  event the Company shall  propose
 to take  any action  which shall  result in  an adjustment  in the  Exercise
 Price, the  Company shall  give notice  to the  Holder, which  notice  shall
 specify the record date, if any, with respect to such action and the date on
 which such action is to take place.  Such notice shall be given on or before
 the earlier of 10 days before the record date or the date which such  action
 shall be taken.  Such notice shall also  set forth all facts (to the  extent
 known) material to the effect of such  action on the Exercise Price and  the
 number, kind or class of shares or other securities or property which  shall
 be deliverable  or  purchasable  upon  the  occurrence  of  such  action  or
 deliverable upon exercise  of this warrant  (B) Following  completion of  an
 event wherein  the  Exercise Price  shall  be adjusted,  the  Company  shall
 furnish to the Holder  a statement, signed by  an authorized officer of  the
 Company of the facts creating such  adjustment and specifying the  resultant
 adjusted Exercise Price then in effect.

                                   ARTICLE V

                                 Miscellaneous

      V.1  Entire  Agreement.    These   Warrants,  together  wit  the   Loan
 Agreement, contain the entire  agreement between the  holder hereof and  the
 Company with respect to the Warrant Shares purchasable upon exercise  hereof
 and the  related  transactions  and supersedes  all  prior  arrangements  or
 understandings with respect thereto.

      V.2  Governing Law. This warrant shall be governed by and construed  in
 accordance with the  laws of the  State of Texas  in the  courts located  in
 Dallas, Texas.

      V.3  Waiver and Amendment.  Any term or provision of these Warrants may
 be waived at any time by the party which is entitled to the benefits thereof
 and any term or provision of  these Warrants may be amended or  supplemented
 at any time by agreement of the  holder hereof and the Company, except  that
 any waiver of any term or condition, or any amendment or supplementation, of
 these Warrants shall be in writing.   A waiver of  any breach or failure  to
 enforce any of the terms  or conditions of these  Warrants shall not in  any
 way effect, limit or waive a party's rights hereunder at any time to enforce
 strict compliance thereafter with every term or condition of these Warrants.

      V.4  Illegality.  In the event that  any one or more of the  provisions
 contained in this  Warrant shall  be determined  to be  invalid, illegal  or
 unenforceable in  any respect  for any  reason, the  validity, legality  and
 enforceability of any such provision in any other respect and the  remaining
 provisions of these  Warrants shall not,  at the election  of the party  for
 whom the benefit of the provision exists, be in any way impaired.

      V.5  Copy of Warrant.   A copy of these  Warrants shall be filed  among
 the records of the Company.

      V.6  Notice.  Any notice or other document required or permitted to  be
 given or delivered to  the holder hereof shall  be in writing and  delivered
 at, or sent  by certified or  registered mail to  such holder  at, the  last
 address shown on the books of  the Company maintained at the Warrant  Office
 for the registration  of these  Warrants or at  any more  recent address  of
 which the holder hereof shall have notified the Company in writing.

      V.7  Limitation of Liability; Not Stockholders.  No provision of  these
 Warrants shall be construed as conferring  upon the holder hereof the  right
 to vote, consent, receive dividends or receive notices (other than as herein
 expressly provided) in respect of meetings of stockholders for the  election
 of directors of the Company or any other matter whatsoever as a  stockholder
 of the Company.  No provision  hereof, in the absence of affirmative  action
 by the  holder  hereof to  purchase  shares of  Common  Stock, and  no  mere
 enumeration herein of the rights or  privileges of the holder hereof,  shall
 give rise to  any liability of  such holder for  the purchase  price of  any
 shares of Common  Stock or  as a stockholder  of the  Company, whether  such
 liability is asserted by the Company or by creditors of the Company.

      V.8  Exchange, Loss,  Destruction, etc.  of  Warrant. Upon  receipt  of
 evidence  reasonably  satisfactory  to  the  Company  of  the  loss,  theft,
 mutilation or destruction  of these Warrants,  and in the  case of any  such
 loss, theft or destruction upon delivery of an appropriate affidavit in such
 form as  shall  be  reasonably  satisfactory  to  the  Company  and  include
 reasonable  indemnification  of  the  Company,  or  in  the  event  of  such
 mutilation upon surrender  and cancellation of  these Warrants, the  Company
 will make and  deliver new Warrants  of like tenor,  in lieu  of such  lost,
 stolen, destroyed  or mutilated  Warrants.   Any Warrants  issued under  the
 provisions of  this Section in  lieu of  any Warrants  alleged to  be  lost,
 destroyed or stolen, or in lieu of any mutilated Warrants, shall  constitute
 an original  contractual obligation  on  the part  of  the Company.    These
 Warrants shall be promptly canceled by the Company upon the surrender hereof
 in connection with any exchange or  replacement.  The Company shall pay  all
 taxes (other than securities transfer taxes  or income taxes) and all  other
 expenses and charges payable in  connection with the preparation,  execution
 and delivery of Warrants pursuant to this Section.

      V.9  Headings.  The Article and  Section and other headings herein  are
 for convenience only and are not a part of this Warrant and shall not affect
 the interpretation thereof.

      IN WITNESS WHEREOF, the Company has caused this Warrant to be signed in
 its name dated November 10, 2004

                          VPGI Corp.

                          /s/ Patrick A. Custer
                          ---------------------
                          Patrick A. Custer
                          Title: President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}]]