Document:

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                                                                    Exhibit 10.2

                              Worldwide Data, Inc.
                            Financing Terms Agreement
                         Dated as of September 20, 1999

Issuer:             Worldwide Data, Inc. ("WWDI" or "Company")

Purchaser:          Generation Capital Associates ("GCA") and other purchasers
                    (collectively "Purchaser(s)"). All Purchaser(s) shall be
                    "accredited investors" as defined by Rule 501 of Regulation
                    D.

Securities:         (a) Convertible Debentures (the "Debenture(s)") convertible
                    into shares of the common stock of WWDI ("Common Stock").
                    The Debenture(s) shall have a maturity date of twelve
                    months; the unconverted principal balance and any accrued
                    and unpaid interest shall be due and payable in cash on such
                    date. The maturity date of the Debenture(s) shall be
                    automatically extended for up to eighteen (18) one-month
                    periods, unless the Purchaser(s) or any subsequent holder,
                    (the "Holder(s)") notifies the Company in writing not less
                    than 10 days prior to any expiration that the Debenture(s)
                    will not be extended.

                    (b) In lieu of WWDI paying a document preparation fee to
                    GCA, WWDI shall issue to GCA 25,000 cashless exercise
                    warrants ("GCA Warrants") to purchase 25,000 shares of
                    Common Stock exercisable at $2.50 for five years from the
                    Closing Date (as defined herein). The GCA Warrants shall
                    have a value of $250.00 ($0.01 per warrant). The shares of
                    Common Stock issuable upon exercise of GCA Warrants are
                    defined as the "GCA Warrants Shares."

Investment Size:    $250,000 of Debenture(s) shall be purchased on the Closing
                    Date.

Conversion          The Debenture(s) are convertible into shares of Common Stock
Terms:              ("Conversion Shares") at any time after the "Closing Date"
                    which is the date upon which the $250,000 purchase price of
                    the Debenture(s) is wired to the Company). The "Effective
                    Date" of each conversion shall be the date set forth on the
                    conversion notice ("Conversion Notice"), provided such
                    Conversion Notice is received by David A. Rapaport, Esq. as
                    escrow agent ("Escrow Agent") and the Company, via U.S.
                    mail, facsimile, overnight courier, or hand delivery no
                    later than the fifth business day after such date. The price
                    at which the Debenture(s) shall be converted (the
                    "Conversion Price") shall be the average closing bid prices
                    of Company's Common Stock as quoted by NASDAQ level III for
                    the five-day trading period (the "Average Price") ending on
                    the day prior to the Effective Date times (x) 60 %
                    ("Multiplier"). The Multiplier is subject to being decreased
                    in the event WWDI does not register the shares underlying
                    the Debenture(s) as provided in "Registration Rights" below.
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Interest:           10 % annual rate, payable monthly in arrears in cash (or
                    WWDI common stock ("Interest Shares") at the option of WWDI,
                    only if such Interest Shares have been registered and are
                    freely tradable by Holder(s)). Interest shall be payable on
                    the first business day of each month commencing November 1,
                    1999. If interest is paid in WWDI common stock the stock
                    shall be valued at the Multiplier times the Average Price
                    for the five trading days immediately preceding the date the
                    interest payment is due; provided the interest rate shall be
                    increased retroactively to 15% per annum from the date of
                    issue if the Conversion Shares have not been registered by
                    the one hundred twentieth day following the Closing Date (as
                    defined herein) and 1% for each month or part thereof that
                    such registration statement has not been declared effective
                    to a maximum rate of interest which is the lesser of (a) the
                    maximum rate of interest allowable by law, or (b) 25%.

Securities Act      WWDI shall file a registration statement including the
Registration:       Conversion Shares, the Interest Shares and the GCA Warrants
                    Shares ("Registration Statement") as soon as reasonably
                    practicable after the Closing Date and shall use its best
                    efforts to cause such Registration Statement to be declared
                    effective not later than one hundred twenty days from the
                    Closing Date. In the event the Registration Statement is not
                    effective by the one hundred twentieth day following the
                    Closing Date, the Multiplier shall be decreased to 55% and
                    shall be further decreased 1 % for each month or part
                    thereof until the Conversion Shares have been registered or
                    may be resold in compliance with Rule 144; provided the
                    Multiplier shall not be reduced to less than 35%.

Limitations:        No Purchaser or subsequent holder, ("Holder" or "Holder(s)")
                    of Debenture(s) and/or GCA Warrants shall be permitted to
                    convert any Debenture(s) to the extent that such conversion
                    or exercise would cause any Holder to be the beneficial
                    owner of more than 5% of the then outstanding WWDI Common
                    Stock, at that given time. This limitation shall not be
                    deemed to prevent any Holder from acquiring more than an
                    aggregate of 5% of the Common Stock, so long as such Holder
                    does not beneficially own more than 5% of WWDI Common Stock,
                    at any given time.

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Prepayment:         The Debenture(s) may not be prepaid or redeemed, in whole or
                    in part, without the written consent of the Holder(s).

Transferability:    The Debenture(s) shall be freely transferable by the
                    Purchasers or any Holder(s) provided such transfer is in
                    compliance with applicable United States and state
                    securities laws.

Escrow of           To facilitate the delivery of the Conversion Shares upon any
Common Stock:       conversion of the Debenture(s) in whole or in part or the
                    fall or partial exercise of the GCA Warrants, WWDI will
                    issue 400,000 shares WWDI Common Stock ("Escrow Shares") in
                    the name of Escrow Agent and will deliver the certificates
                    for such shares with legend to the Escrow Agent within three
                    (3) business days of the mutual execution of this Financing
                    Terms Agreement.

                    If at any time, or from time to time, the Escrow Agent is
                    holding less than 200% of the number of Escrow Shares
                    required to convert the remaining principal balance of the
                    Debenture(s) based on the then Average Price plus up to
                    25,000 shares of WWDI Common Stock issuable upon exercise of
                    the GCA Warrants, the Escrow Agent and/or Holder(s) may
                    request in writing that the Company deposit enough
                    additional shares of Common Stock with the Escrow Agent
                    ("Additional Escrow Shares")) so that the Escrow Agent is
                    holding 200 % of the number of Escrow Shares required to
                    convert such remaining principal balance of the Debenture(s)
                    plus up to 25,000 shares of WWDI Common Stock issuable upon
                    exercise of the GCA Warrants. The failure of the Company to
                    deliver such Additional Escrow Shares within ten business
                    days of such demand shall be a material default of the
                    Debenture(s) and in addition to any other remedies,
                    including without limitation specific performance (to which
                    Holder(s) are hereby entitled), shall entitle the Holder(s)
                    to an immediate distribution of Escrow Shares in an amount
                    equal to 25,000 Escrow Shares, plus an additional 2,500
                    Escrow Shares for each day after the tenth business day such
                    failure to deliver the Additional Escrow Shares of Common
                    Stock continues. (Such distribution shall be made by the
                    Escrow Agent to the Holder(s) pro-rata to the principal
                    amount of Debenture(s) held by each Holder.)

                    As soon as reasonably practicable after the Escrow Shares
                    have been registered for resale or may be sold without
                    restriction pursuant to SEC Rule 144 the Escrow Agent will
                    deposit the Escrow Shares and any Additional Escrow Shares
                    into a securities brokerage account. The Company will take
                    all necessary actions to cause the Escrow Shares and any
                    Additional Escrow Shares to be transferred into "street
                    name" at the request of the Escrow Agent's securities
                    brokerage firm. Upon the earlier

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Escrow of           of (i) thirty (30) days after the date upon which the last
Common Stock        remaining Debenture(s) has been fully converted into
(cont'd.):          Conversion Shares with interest paid in full; or (ii) the
                    full payment of the remaining principal and interest balance
                    of the Debenture(s), the Escrow Agent shall return any
                    remaining Escrow Shares to WWDI.

                    If at any time the Escrow Agent is required to deliver
                    Conversion Shares that have not been registered for resale
                    or may not be sold under Rule 144 the Escrow Agent shall
                    cause the transfer agent place a standard restrictive legend
                    on such shares prior to transfer and delivery.

Escrow of           To facilitate the delivery of the Debenture(s) upon receipt
Debenture(s):       of payment from Purchaser(s) the Company shall deliver to
                    the Escrow Agent within three (3) business days of the
                    mutual execution of this Financing Terms Agreement five (5)
                    Debentures which have been duly executed by the Company but
                    which are blank as to name and address of the Purchaser,
                    principal amount and date of issuance ("Issue Date").

                    The Escrow Agent shall upon receipt of good funds for the
                    purchase of a Debenture fill in the name and address of the
                    Purchaser, principal amount and Issue Date. The Escrow Agent
                    shall deliver the completed Debenture to the Purchaser and
                    the escrowed funds together with a copy of the completed
                    Debenture to the Company. Upon issuance of the entire
                    $250,000 of Debentures the Escrow Agent shall return any
                    remaining unissued blank Debentures to the Company.

Representations     WWDI makes the following representations and warranties to
and Warranties of   the Purchasers:
WWDI:

                    (a) Organization, Good Standing and Power. The Company is a
                    corporation duly incorporated, validly existing and in good
                    standing under the laws of the State of Delaware and has the
                    requisite corporate power to own, lease and operate its
                    properties and assets and to conduct its business as it is
                    now being conducted.

                    (b) Authorizations Enforcement. The Company has the
                    requisite corporate power and authority to enter into and
                    perform this Financing Terms Agreement and the Escrow
                    Agreement and to issue and sell the Debenture(s) and the
                    Conversion Shares in accordance with the terms hereof. The
                    execution, delivery and performance of this Financing Terms
                    Agreement and the Escrow Agreement by the Company and the
                    consummation by it of the transactions contemplated hereby
                    and thereby have been duly and

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Representations     validly authorized by all necessary corporate action, and no
and Warranties of   further consent or authorization of the Company or its
WWDI (cont'd.):     Board of Directors or stockholders is required. This
                    Financing Terms Agreement has been duly executed and
                    delivered by the Company. Each of this Financing Terms
                    Agreement and the Escrow Agreement constitutes, or shall
                    constitute when executed and delivered, a valid and binding
                    obligation of the Company enforceable against the Company in
                    accordance with its terms, except as such enforceability may
                    be limited by applicable bankruptcy, insolvency,
                    reorganization, moratorium, liquidation, conservatorship,
                    receivership or similar laws relating to, or affecting
                    generally the enforcement of, creditor's rights and remedies
                    or by other equitable principles of general application.

                    (c) Capitalization. WWDI represents and warrants that it has
                    10,010,000 shares of Common Stock authorized; and no more
                    than 3,0835,500 shares have been issued and are outstanding;
                    and that it has 10,000 shares of preferred stock authorized
                    and that none of such shares are issued and outstanding; and
                    that no more than 1,340,000 shares of Common Stock are
                    reserved for warrants.

                    (d) Issuance of Debenture(s) and Conversion Shares. The
                    Debenture(s) and the Conversion Shares to be delivered to
                    the Escrow Agent have been duly authorized by all necessary
                    corporate action. The Conversion Shares when delivered to
                    the Holder(s) upon conversion of the Debenture(s) in
                    accordance with the terms thereof, will be validly issued
                    and outstanding, fully paid and non-assessable.

Representations     GCA hereby makes the following representations and
and Warranties of   warranties to the Company:
GCA:

                    (a) Accredited Purchaser. GCA is an "accredited investor" as
                    defined in Regulation D promulgated under the Securities
                    Act.

                    (b) Organization, Good Standing and Power. GCA is a limited
                    partnership organized, validly existing and in good standing
                    under the laws of the State of New York and has the
                    requisite power to own, lease and operate its properties and
                    assets and to conduct its business as it is now being
                    conducted.

                    (c) Authorization; Enforcement. GCA has the requisite power
                    and authority to enter into and perform this Financing Terms
                    Agreement and the Escrow Agreement and to purchase the
                    Debenture(s) in accordance with the terms hereof. The
                    execution, delivery and performance of this Financing Terms
                    Agreement and the Escrow Agreement by GCA and the
                    consummation by it of

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Representation      the transactions contemplated hereby and thereby have been
and Warranties of   duly and validly authorized by all necessary action, and
GCA (cont'd.):      no further consent or authorization of GCA, its general
                    partner or its limited partner is required. This Financing
                    Terms Agreement has been duly executed and delivered by GCA.
                    Each of this Financing Terms Agreement and the Escrow
                    Agreement constitutes, or shall constitute when duly
                    executed and delivered by all parties thereto, a valid and
                    binding obligation of GCA enforceable against GCA in
                    accordance with its terms, except as such enforceability may
                    be limited by applicable bankruptcy, insolvency,
                    reorganization, moratorium, liquidation, conservatorship,
                    receivership or similar laws relating to, or affecting
                    generally the enforcement of, creditor's rights and remedies
                    or by other equitable principles of general application.

                    (d) GCA has had full access to all the information which GCA
                    considers necessary or appropriate to make an informed
                    decision with respect to GCA's investment. GCA acknowledges
                    that GCA has had the opportunity to ask questions of, and
                    receive answers from, or obtain additional information from,
                    the executive officers of the Company concerning the
                    financial and other affairs of the Company, and, to the
                    extent deemed necessary, GCA has asked such questions and
                    received satisfactory answers and desires to invest in the
                    Company. In evaluating the suitability of any vestment in
                    the Company, GCA has not relied upon any representations or
                    other information (whether oral or written) other than as
                    set forth in this Agreement or as contained in any documents
                    delivered or answers given in writing by the Company to
                    questions furnished to the Company. To the extent GCA has
                    not sought information regarding any particular matter, GCA
                    represents that it had no interest in doing so and that such
                    matters are not material to GCA in connection with this
                    investment.

                    (e) GCA has been advised and acknowledges that no federal or
                    state agency has made any finding or determination as to the
                    fairness or merits of an investment in the Company and that
                    no such agency has made any recommendation or endorsement
                    whatsoever with respect to such an investment. GCA
                    acknowledges that it is aware of an NASD inquiry into the
                    trading of WWDI common stock.

                    (f) GCA considers itself to be a sophisticated investor in
                    companies similarly situated to the Company, and GCA has
                    substantial knowledge and experience in financial and
                    business matters (including knowledge of finance, securities
                    and investments, generally, and experience and skill in
                    investments based on actual participation) such that GCA is
                    capable of evaluating the merits and risks of the
                    prospective investment in the Company.

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Representation      (g) GCA is acquiring the securities hereunder, as principal,
and Warranties of   for GCA's own account for investment purposes only, and not
GCA (cont'd.):      with a present intention toward or for the resale,
                    distribution or fractionalization thereof, and no other
                    person has a beneficial interest in such securities.

Events of Default:  Normal and customary events of default: non-payment of
                    interest, bankruptcy, breach of representations and
                    warranties, etc. The failure of the Company to have an
                    effective registration statement by one hundred twenty days
                    following the Closing Date.

Purchase of         (a) Purchaser(s) shall deposit with the Escrow Agent
Debenture(s):       $250,000 for the purchase of the Debenture(s) within three
                    (3) business days of the receipt by the Escrow Agent of the
                    certificate(s) for the 400,000 Escrow Shares registered in
                    the name of David A. Rapaport, Esq., the GCA Warrants and
                    the five (5) executed blank Debentures.

                    (b) The Escrow Agent shall wire to the Company the $250,000
                    purchase price for the Debenture(s) within two (2) business
                    days of the later of (i) receipt by the Escrow Agent of the
                    certificates for the 400,000 Escrow Shares, the five (5)
                    executed blank Debentures and the GCA Warrants, and (ii)
                    receipt of the $250,000 from Purchaser(s).

Additional          If WWDI shall issue any shares of common stock or securities
Securities          exercisable or convertible into common stock (except for (a)
Issuance:           the issuance of common stock upon the exercise of employee
                    stock options and outstanding warrants; (b) the issuance of
                    Common Stock or securities convertible or exercisable into
                    Common Stock for services rendered to WWDI; (c) shares of
                    Common Stock issued in an underwritten public offering; or
                    (d) shares of Common Stock which are restricted for resale
                    for at least one year from the issue date) from the date of
                    this Financing Terms Agreement until ninety days following
                    the earlier of (a) conversion into Common Stock of all
                    principal and accrued interest under the Debenture(s), or
                    (b) payment in full of all principal and accrued interest
                    under the Debenture(s), GCA shall have the right of first
                    refusal to purchase such securities, and in this connection,
                    WWDI, prior to the issuance of such securities, shall
                    provide a written term sheet setting forth the terms and
                    conditions of such offering, and GCA shall respond within
                    twenty (20) business days of receipt of such term sheet as
                    to whether GCA shall exercise its right of first refusal
                    granted hereunder. In the event that GCA does not elect to
                    exercise its right of first refusal within such twenty (20)
                    business days, WWDI shall have the right to sell such
                    securities to a third party on terms no more

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Additional          favorable to the third party than those set forth in the
Securities          term sheet for a period of sixty (60) days following the end
Issuance            of said twenty (20) business day period.
(Cont'd.):

Jurisdiction and    This Financing Terms Agreement, the Debenture(s) and the
Choice of Law       Escrow Agreement shall be governed by the laws of the state
                    of Georgia and all of the parties to such agreements and
                    Debenture(s) agree to submit to the personal jurisdiction of
                    the state and Federal courts located in Fulton County,
                    Georgia.

Binding             The parties shall be legally bound by the above terms and
Agreement:          shall execute such further documents as may be required to
                    implement the intentions and provisions of this Financing
                    Terms Agreement, including without limitation the Escrow
                    Agreement ,the Debenture(s) and the GCA Warrants

Agreed to and Accepted by:

Worldwide Data, Inc.

By: /s/ Bronson Conrad                        9/24/99
------------------------------            --------------
     Bronson Conrad                            Date
      President

Generation Capital Associates

By: /s/ Frank E. Hart                         9/30/99   (Closing Date)
------------------------------            --------------
    Frank E. Hart                              Date
    General Partner

/s/ David A. Rapaport, Esq.                   9/27/99
------------------------------            --------------
    David A. Rapaport, Esq.                Date
        Escrow Agent

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                                                                    Exhibit 10.3

THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF THIS
WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND MAY NOT
BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF
REGISTRATION UNDER, OR THE AVAILABILITY OF AN EXEMPTION FROM REGISTRATION UNDER
THE SECURITIES ACT OF 1933.

                              WORLDWIDE DATA, INC.

               Warrant for the Purchase of Shares of common Stock

  September 27, 1999                                             25,000
  ------------------                                             ------
  Date                                                           No. of warrants

FOR VALUE RECEIVED, Worldwide Data, Inc. (Company), hereby certifies that
Generation Capital Associates, or an assign thereof, is entitled to purchase
from the Company, at any time or from time to time commencing on the date hereof
and prior to 5:00 P.M., Eastern Time, on the fifth anniversary of the date
hereof 25,000 fully paid and nonassessable shares of the common stock, of the
Company for an aggregate purchase price of $62,500 (computed on the basis of
$2.50 per share subject to adjustment). (Hereinafter, (i) said common stock,
together with any other equity securities which may be issued by the Company
with respect thereto or in substitution therefor, is referred to as the "Common
Stock," (ii) the shares of the Common Stock purchasable hereunder are referred
to as the "GCA Warrants Shares," (iii) the aggregate purchase price payable
hereunder for the GCA Warrants Shares is referred to as the "Aggregate Warrant
Price," (iv) the price payable hereunder for each of the GCA Warrants Shares is
referred to as the "Per Share Warrant Price," (v) this Warrant and all warrants
hereafter issued in exchange or substitution for this Warrant are referred to as
the "GCA Warrants" and (vi) the holder of this Warrant is referred to as the
"Holder" or "Holder(s)." The Aggregate Warrant Price, number of GCA Warrants and
the Per Share Warrant Price are subject to adjustment as hereinafter provided.
The GCA Warrants are issued pursuant to the September 20, 1999 Worldwide Data,
Inc. Financing Terms Agreement (Financing Agreement). THE TERMS OF THE FINANCING
AGREEMENT ARE INCORPORATED HEREIN BY REFERENCE.

1.    Exercise of Warrant.

      a) Exercise for Cash

      This Warrant may be exercised, in whole at any time or in part from time
      to time, commencing on the date hereof and prior to 5:00 P.M., New York
      City time, on the fifth anniversary of the date hereof, by the Holder by
      the surrender of this Warrant (with the
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      subscription form at the end hereof duly executed) at the address of the
      Escrow Agent set forth in Subsection 9(a) hereof, together with proper
      payment of the Aggregate Warrant Price, or the proportionate part thereof
      if this Warrant is exercised in part. Payment for GCA Warrants Shares
      shall be made by FedWire, certified or official bank check payable to the
      order of the Company and delivered to the Escrow Agent. If this Warrant is
      exercised in part, this Warrant must be exercised for a number of whole
      shares of the Common Stock, and the Holder is entitled to receive a new
      Warrant covering the GCA Warrants Shares which have not been exercised and
      setting forth the proportionate part of the Aggregate Warrant Price
      applicable to such GCA Warrants Shares. Upon such surrender of this
      Warrant the Company will (a) issue a certificate or certificates in the
      name of the Holder for the largest number of whole shares of the Common
      Stock to which the Holder shall be entitled and, if this Warrant is
      exercised in whole, in lieu of any fractional share of the Common Stock to
      which the Holder shall be entitled, pay to the Holder cash in an amount
      equal to the fair value of such fractional share (determined in such
      reasonable manner as the Board of Directors of the Company shall
      determine), and (b) deliver the other securities and properties receivable
      upon the exercise of this Warrant, or the proportionate part thereof if
      this Warrant is exercised in part. pursuant to the provisions of this
      Warrant.

      b) Cashless Exercise

      In lieu of exercising this Warrant in the manner set forth in paragraph
      1(a) above, the Warrant may be fully or partially exercised by surrender
      of the Warrant to the Escrow Agent without payment of any other
      consideration, commission or remuneration, by execution of the cashless
      exercise subscription form (at the end hereof, duly executed). The number
      of shares to be issued in exchange for the Warrant will be computed by
      subtracting the Warrant Exercise Price from the closing bid price of the
      common stock on the date of receipt of the cashless exercise subscription
      form, multiplying that amount by the number of shares being exercised
      pursuant to the Warrant, and dividing by the closing bid price as of the
      same date.

2.    Reservation of GCA Warrants Shares.

      The Company agrees that, prior to the expiration of this Warrant, the
      Company will at all times have authorized and in reserve, or held in
      escrow, and will keep available, solely for issuance or delivery upon the
      exercise of this Warrant, the shares of the Common Stock and other
      securities and properties as from time to time shall be receivable upon
      the exercise of this Warrant, free and clear of all restrictions on sale
      or transfer (except for applicable state or federal securities law
      restrictions) and free and clear of all pre-emptive rights.

3.    Protection Against Dilution.

      a)    If, at any time or from time to time after the date of this Warrant,
            the Company shall issue or distribute (for no consideration) to the
            holders of shares of Common Stock evidences of its indebtedness, any
            other securities of the Company or any cash,

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            property or other assets (excluding a subdivision, combination or
            reclassification, or dividend or distribution payable in shares of
            Common Stock, referred to in Subsections 3(b) and 3(c), and also
            excluding cash dividends or cash distributions paid out of net
            profits legally available therefor if the full amount thereof,
            together with the value of other dividends and distributions made
            substantially concurrently therewith or pursuant to a plan which
            includes payment thereof, is equivalent to not more than 5% of the
            Company's net worth) (any such nonexcluded event being herein called
            a "Special Dividend"), the Per Share Warrant Price shall be adjusted
            by multiplying the Per Share Warrant Price then in effect by a
            fraction, the numerator of which shall be the then current market
            price of the Common Stock (defined as the average for the twenty
            consecutive trading days immediately prior to the record date of the
            daily closing bid price of the Common Stock as reported by the
            NASDAQ level III less the fair market value (as determined
            reasonably determined in good faith by the Company's Board of
            Directors) of the evidences of indebtedness, securities or property,
            or other assets issued or distributed in such Special Dividend
            applicable to one share of Common Stock and the denominator of which
            shall be such then current market price per share of Common Stock.
            An adjustment made pursuant to this Subsection 3(a) shall become
            effective immediately after the record date of any such Special
            Dividend.

      b)    In case the Company shall hereafter (i) pay a dividend or make a
            distribution on its capital stock in shares of Common Stock, (ii)
            subdivide its outstanding shares of Common Stock into a greater
            number of shares, or (iii) issue by reclassification of its Common
            Stock any shares of capital stock of the Company, the Per Share
            Warrant Price shall be adjusted so that the Holder of any Warrant
            upon the exercise hereof shall be entitled to receive the number of
            shares of Common Stock or other capital stock of the Company which
            he would have owned immediately prior thereto. An adjustment made
            pursuant to this Subsection 3(b) shall become effective immediately
            after the record date in the case of a dividend or distribution and
            shall become effective immediately after the effective date in the
            case of a subdivision, combination or reclassification. If, as a
            result of an adjustment made pursuant to this Subsection 3(b), the
            Holder of any Warrant thereafter surrendered for exercise shall
            become entitled to receive shares of two or more classes of capital
            stock or shares of Common Stock and other capital stock of the
            Company, the Board of Directors (whose determination shall be
            conclusive and shall be described in a written notice to the Holder
            of any Warrant promptly after such adjustment) shall determine the
            allocation of the adjusted Per Share Warrant Price between or among
            shares of such classes or capital stock or shares of Common Stock
            and other capital stock.

      c)    In case the Company shall hereafter combine its shares of Common
            Stock into a lesser number of shares (Reverse Split) the number of
            Warrants shall be proportionately adjusted. The Per Share Warrant
            Price shall be adjusted to the lower of (i) the average closing bid
            price of the Company's Common Stock as quoted by

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            NASDAQ level III for the five-day trading period (Average Price)
            ending on the twentieth (20th) day subsequent to the effective date
            of such Reverse Split, or (ii) the proportionate per share price
            based on the Reverse Split, i.e. $1.25 per share in the event of a
            two for one split.

      d)    Except as provided in Subsection 3(f), in case the Company shall
            hereafter issue or sell any shares of Common Stock for a
            consideration per share less than the Per Share Warrant Price on the
            date of such issuance or sale, the Per Share Warrant Price shall be
            adjusted as of the date of such issuance or sale so that the same
            shall equal the consideration per share received by the Company upon
            such issuance or sale; provided, however, that no adjustment of the
            Per Share Warrant Price shall be required in connection with the
            issuance of shares upon the exercise of presently outstanding
            warrants or options.

      e)    Except as provided in Subsection 3(a) and 3(f), in case the Company
            shall hereafter issue or sell any rights, options, warrants or
            securities convertible into Common Stock entitling the holders
            thereof to purchase Common Stock or to convert such securities into
            Common Stock at a price per share (determined by dividing (i) the
            total amount, if any, received or receivable by the Company in
            consideration of the issuance or sale of such rights, options,
            warrants or convertible securities plus the total consideration, if
            any, payable to the Company upon exercise or conversion thereof
            (Total Consideration) by (ii) the number of additional shares of
            common stock issuable upon exercise or conversion of such
            securities) less than the then current Per Share Warrant Price in
            effect on the date of such issuance or sale, the Per Share Warrant
            Price shall be adjusted as of the date of such issuance or sale so
            that the same shall equal the price determined by dividing (i) the
            sum of (a) the number of shares of Common Stock outstanding on the
            date of such issuance or sale multiplied by the Per Share Warrant
            Price plus (b) the Total Consideration by (ii) the number of shares
            of Common Stock outstanding on the date of such issuance or sale
            plus (iii) the maximum number of additional shares of Common Stock
            issuable upon exercise or conversion of such securities.

      f)    In case of any capital reorganization or reclassification, or any
            consolidation or merger to which the Company is a party other than a
            merger or consolidation in which the Company is the continuing
            corporation, or in case of any sale or conveyance to another entity
            of the property of the Company as an entirety or substantially as
            an entirety, or in the case of any statutory exchange of securities
            with another corporation (including any exchange effected in
            connection with a merger of a third corporation into the
            Company), the Holder of this Warrant shall have the right
            thereafter to convert such Warrant into the kind and amount of
            securities, cash or other property which he would have owned or have
            been entitled to receive immediately after such reorganization,
            reclassification, consolidation, merger, statutory exchange, sale or
            conveyance had this Warrant been converted

                                        4
<PAGE>

            immediately prior to the effective date of such reorganization,
            reclassification, consolidation, merger, statutory exchange, sale or
            conveyance and in any such case, if necessary, appropriate
            adjustment shall be made in the application of the provisions set
            forth in this Section 3 with respect to the rights and interests
            thereafter of the Holder of this Warrant to the end that the
            provisions set forth in this Section 3 shall thereafter
            correspondingly be made applicable, as nearly as may reasonably be,
            in relation to any shares of stock or other securities or be. in
            relation to any shares of stock or other securities or property
            thereafter deliverable on the conversion of this Warrant. The above
            provisions of this Subsection 3(f) shall similarly apply to
            successive reorganizations, reclassifications, consolidations,
            mergers, statutory exchanges, sales or conveyances. The issuer of
            any shares of stock or other securities or property thereafter
            deliverable on the conversion of this Warrant shall be responsible
            for all of the agreements and obligations of the Company hereunder.
            Notice of any such reorganization, reclassification, consolidation,
            merger, statutory exchange, sale or conveyance and of said
            provisions so proposed to be made, shall be mailed to the Holders of
            the Warrants not less than 20 business days prior to such event. A
            sale of all or substantially all of the assets of the Company for a
            consideration consisting primarily of securities shall be deemed a
            consolidation or merger for the foregoing purposes.

      g)    No adjustment in the Per Share Warrant Price shall be required
            unless such adjustment would require an increase or decrease of at
            least $0.01 per share of Common Stock; provided, however, that any
            adjustments which by reason of this Subsection 3(g) are not required
            to be made shall be carried forward and taken into account in any
            subsequent adjustment; provided further, however, that adjustments
            shall be required and made in accordance with the provisions of this
            Section 3 (other than this Subsection 3(g) not later than such time
            as may be required in order to preserve the tax-free nature of a
            distribution to the Holder of this Warrant or Common Stock issuable
            upon exercise hereof All calculations under this Section 3 shall be
            made to the nearest cent. Anything in this Section 3 to the contrary
            notwithstanding, the Company shall be entitled to make such
            reductions in the Per Share Warrant Price, in addition to those
            required by this Section 3, as it in its discretion shall deem to be
            advisable in order that any stock dividend, subdivision of shares or
            distribution of rights to purchase stock or securities convertible
            or exchangeable for stock hereafter made by the Company to its
            shareholders shall not be taxable.

      h)    Whenever the Per Share Warrant Price is adjusted as provided in this
            Section 3 and upon any modification of the rights of a Holder of
            Warrants in accordance with this Section 3, the Company shall
            promptly obtain, at its expense, a certificate of a firm of
            independent public accountants of recognized standing selected by
            the Board of Directors (who may be the regular auditors of the
            Company) setting forth the Per Share Warrant Price and the number
            of GCA Warrants Shares after such adjustment or the effect of such
            modification, a brief statement of the facts requiring such

                                        5
<PAGE>

            adjustment or modification and the manner of computing the same and
            cause copies of such certificate to be mailed to the Holders of the
            Warrants.

      i)    If the Board of Directors of the Company shall declare any dividend
            or other distribution with respect to the Common Stock, other than a
            cash distribution out of earned surplus, the Company shall mail
            notice thereof to the Holders of the Warrants not less than 10
            business days prior to the record date fixed for determining
            shareholders entitled to participate in such dividend or other
            distribution.

4.    Fully Paid Stock, Taxes.

      The Company agrees that the shares of the Common Stock represented by each
      and every certificate for GCA Warrants Shares delivered on the exercise of
      this Warrant shall, at the time of such delivery, be validly issued and
      outstanding, fully paid and nonassessable, and not subject to pre-emptive
      rights, and the Company will take all such actions as may be necessary to
      assure that the par value or stated value, if any, per share of the Common
      Stock is at all times equal to or less than the then Per Share Warrant
      Price. The Company further covenants and agrees that it will pay, when due
      and payable, any and all Federal and state stamp, original issue or
      similar taxes which may be payable in respect of the issue of any Warrant
      Share or certificate therefor.

5.    Registration Under Securities Act of 1933.

      a)    The Company agrees to register the Warrants Shares in accordance
            with the terms of the Financing Agreement.

      b)    The Company shall (i) furnish each Holder of any GCA Warrants Shares
            and each underwriter (Underwriter) of such GCA Warrants Shares with
            such copies of the prospectus, including the preliminary prospectus,
            conforming to the Securities Act of 1933 (Act), (and such other
            documents as each such Holder or each such Underwriter may
            reasonably request) in order to facilitate the sale or distribution
            of the GCA Warrants Shares, (ii) use its best efforts to register or
            qualify such GCA Warrants Shares under the blue sky laws (to the
            extent applicable) of such jurisdiction or jurisdictions as the
            Holders of any such GCA Warrants Shares and each Underwriter of
            GCA Warrants Shares being sold by such Holders shall reasonably
            request and (iii) take such other actions as may be reasonably
            necessary or advisable to enable such Holders and such Underwriters
            to consummate the sale or distribution in such jurisdiction or
            jurisdictions in which such Holders shall havc reasonably
            requested that the GCA Warrants Shares be sold.

      c)    The Company shall pay all expenses incurred in connection with any
            registration or other action pursuant to the provisions of this
            Section 5, other than underwriting

                                        6
<PAGE>

            discounts and applicable transfer taxes relating to the GCA Warrants
            Shares.

      d)    The Company will indemnify the Holders of GCA Warrants Shares which
            are included in any Registration Statement substantially to the same
            extent as the Company may indemnify any Underwriters of a public
            offering of Common Stock pursuant to the Underwriting Agreement and
            such Holders will indemnify the Company (and the Underwriters, if
            applicable) with respect to information furnished by them in writing
            to the Company for inclusion therein substantially to the same
            extent as the Underwriters have indemnified the Company.

6.    Limitation on Exercise.

      No Holder(s) of GCA Warrants shall be permitted to exercise any GCA
Warrants to the extent that such exercise would cause any Holder to be the
beneficial owner of more than 5% of the then outstanding WWDI Common Stock, at
that given time. This limitation shall not be deemed to prevent any Holder from
acquiring more than an aggregate of 5% of the Common Stock, so long as such
Holder does not beneficially own more than 5% of WWDI Common Stock, at any given
time.

7.    Transferability.

      The Company may treat the registered Holder of this Warrant as he or it
      appears on the Company's books at any time as the Holder for all purposes.
      The Company shall permit any Holder of a Warrant or his duly authorized
      attorney, upon written request during ordinary business hours, to inspect
      and copy or make extracts from its books showing the registered holders of
      Warrants. All warrants issued upon the transfer or assignment of this
      Warrant will be dated the same date as this Warrant, and all rights of the
      Holder thereof shall be identical to those of the Holder. The holder shall
      have the right to assign all or any part of this Warrant, subject to
      compliance with applicable federal and/or state securities laws.

8.    Loss, etc., of Warrant.

      Upon receipt of evidence satisfactory to the Company of the loss, theft,
      destruction or mutilation of this Warrant, and of indemnity reasonably
      satisfactory to the Company, if lost, stolen or destroyed, and upon
      surrender and cancellation of this Warrant, if mutilated, the Company
      shall execute and deliver to the Holder a new Warrant of like date, tenor.
      and denomination.

9.    Warrant Holder Not Shareholders.

      Except as otherwise provided herein, this Warrant does not confer upon the
      Holder any right to vote or to consent to or receive notice as a
      shareholder of the Company, as such, in

                                        7
<PAGE>

      respect of any matters whatsoever, or any other rights or liabilities as a
      shareholder, prior to the exercise hereof.

10.   Communication.

      No notice or other communication under this Warrant shall be effective
      unless, but any notice or other communication shall be effective and shall
      be deemed to have been given if the same is in writing and is mailed by
      first-class mail, postage prepaid, or sent by overnight courier or
      facsimile, addressed to:

      a)    If to the Company:

            Worldwide Data, Inc.
            36 Toronto Street, Suite 250
            Toronto, Ontario
            Canada M5C 2C5
            Fax: 416/214-6299
            Tel: 416/214-6296

            Attn:  Bronson Conrad, Chief Executive Officer

            with copy to:

            Steven Davis, Esq.
            Heller, Ehrman, White & McAuliffe
            711 Fifth Avenue
            New York, NY 10022-3194
            Fax: 212/832-3353
            Tel: 212/832-8300

or such other address as the Company has designated in writing to the Holder; or

      b)    If to GCA:

            Generation Capital Associates
            1085 Riverside Trace
            Atlanta, GA 30328
            Fax: 404/255-2218
            Tel: 404/303-8450
            Attn:   Frank E. Hart, General Partner

or such other address as the GCA has designated in writing to the Company; and

      c)    If to Escrow Agent:

                                        8
<PAGE>

            David A. Rapaport. Esq.
            333 Sandy Springs Circle, Suite 230
            Atlanta, GA 30328
            Fax: 404/257-9125
            Tel: 404/257-9150

or such other address as the Escrow Agent has designated in writing to the
Company and Holder(s).

11.     Headings.

        The headings of this Warrant have been inserted as a matter of
        convenience and shall not affect the construction hereof.

12.     Applicable Law.

        This Warrant shall be governed by and construed in accordance with the
        law of the State of Georgia without giving effect to the principles of
        conflicts of law thereof.

IN WITNESS WHEREOF, Worldwide Data, Inc. has caused this Warrant to be signed by
its Chief Executive Officer and its corporate seal to be hereunto affixed by its
Secretary this 27th day of September, 1999

/s/Bronson Conrad
--------------------------
Bronson Conrad
President

ATTEST:

                                       9
<PAGE>

Secretary

        Corporate Seal

                                       10
<PAGE>

                                  SUBSCRIPTION

The undersigned, _____________________, pursuant to the provisions of the
foregoing Warrant, hereby agrees to subscribe for and purchase
______________shares of the Common Stock of Worldwide Data, Inc. covered by said
Warrant, and makes payment therefor in full at the price per share provided by
said Warrant.

Dated: __________________________    Signature: ________________________________

                                     Name: _____________________________________

                                     Address: __________________________________

                                              __________________________________

                                    Tax I.D. No. _______________________________

--------------------------------------------------------------------------------

                         CASHLESS EXERCISE SUBSCRIPTION

        The undersigned ________________________ pursuant to the provisions of
the foregoing Warrant, hereby agrees to subscribe to that number of shares of
stock of Worldwide Data, Inc. as are issuable in accordance with the formula set
forth in paragraph 1(b) of the Warrant, and makes payment therefore in full by
cancellation of _________________ Warrants. (If this is a partial exercise of
the Warrant a new Warrant for the remaining number of unexercised Warrants shall
be issued by the Company.)

Dated: __________________________    Signature: ________________________________

                                     Name: _____________________________________

                                     Address: __________________________________

                                              __________________________________

                                    Tax I.D. No. _______________________________

                                       11
<PAGE>

                                   ASSIGNMENT

FOR VALUE RECEIVED ______________________ hereby sells, assigns and transfers
unto ______________ the foregoing Warrant and all rights evidenced thereby, and
does irrevocably constitute and appoint ______________ attorney, to transfer
said Warrant to the books of ______________________

Dated: __________________________    Signature: ________________________________

                                     Name: _____________________________________

                                     Address: __________________________________

                                              __________________________________

                                    Tax I.D. No. _______________________________

--------------------------------------------------------------------------------

                               PARTIAL ASSIGNMENT

FOR VALUE RECEIVED ___________________hereby assigns and transfers unto
_____________________ the right to purchase ______________ shares of the Common
Stock of Worldwide Data, Inc. by the foregoing Warrant, and a proportionate part
of said Warrant and the rights evidenced hereby, and does irrevocably constitute
and appoint _____________________ , attorney, to transfer that part of said
Warrant on the books of

Dated: __________________________    Signature: ________________________________

                                     Name: _____________________________________

                                     Address: __________________________________

                                              __________________________________

                                    Tax I.D. No. _______________________________

                                       12

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