Document:

Attachment 3
                                  Gur Contract
                     See Exhibit 10.3 to this Current Report

                                  Attachment 4
                          Registration Rights Agreement
            Incorporated by Reference to Attachment 3 to Exhibit 2.1
 to the Current Report on Form 8-K, filed with the Commission on March 10, 2005

                                                                    Exhibit 10.2

                                    AGREEMENT

     This  Agreement  (the  "Agreement")  is  entered into as of the 25th day of
April, 2005, among The Frost National Bank ("Frost"), Contemporary Constructors,
Inc. ("Constructors"), CCI Telecom, Inc. ("CCI"), CCI Integrated Solutions, Inc.
("CCIIS"),  Berkshire  Wireless, Inc. ("Berkshire"), Michael J. Novak ("Novak"),
and  Charys  Holding  Company,  Inc.  ("Charys").

     Frost,  Constructors,  CCI, Charys and Novak have entered into that certain
term  sheet  entitled  Principal Terms Relating to Disposition of Existing Frost
Credit  Facilities  (the  "Term  Sheet"),  a copy of which is attached hereto as
Exhibit  A.

     Simultaneously  with  entering  into this Agreement, certain of the parties
hereto  are  entering  into  the  following:

     1.   Third  Modification,  Renewal  and Extension Agreement dated effective
          February  1,  2005,  between  Frost and Constructors, acknowledged and
          agreed to by CCI, CCIIS, Berkshire and Novak, related to the term loan
          by  Frost  to  Constructors  (the  "Term  Modification").

     2.   Third  Modification,  Renewal  and Extension Agreement dated effective
          February  1,  2005,  between  Frost and Constructors, acknowledged and
          agreed  to  by  CCI,  CCIIS, Berkshire and Novak, related to a line of
          credit  by  Frost to Constructors (the "Line of Credit Modification").

     3.   Sixth Amendment to Business Loan Agreement dated effective February 1,
          2005,  between Frost and Constructors related to the line of credit by
          Frost  to  Constructors  (the  "Line  of  Credit  Amendment").

     4.   Arbitration  and  Notice of Final Agreement by Frost and Constructors,
          acknowledged  and  agreed  to  by  CCI,  CCIIS,  Berkshire  and Novak.

     The  parties  hereto  wish  to enter into this Agreement to set forth their
agreement  as  to  documentation that will implement the remaining provisions of
the  Term  Sheet.

  1. The  Documentation  to  Implement  the  Term  Sheet  Paragraph  1.

     Frost  agrees  that  the  terms  of  the  Designations  of  Charys Series B
Convertible  Preferred  Stock set forth as Exhibit B hereto and the Registration
Rights  Agreement,  set  forth  as  Exhibit  C  hereto,  are satisfactory to it.

     If  on  or before August 1, 2005 there is simultaneously delivered to Frost
(i)  a certificate representing Four Hundred Thousand (400,000) shares of Charys
Series  B  Convertible  Preferred  Stock,  having the preferences and rights set
forth in Exhibit B hereto, and (ii) a Registration Rights Agreement by Charys in
the  form  of  Exhibit C hereto, then in exchange therefor Frost will deliver to
Charys  the  original  common  stock purchase warrant issued by CCI to Frost and

                                        1
<PAGE>
will  deliver  to  Charys the original term note (being the term note evidencing
the  term  loan  described  in  the  Term  Sheet),  in  each  case,  without
representation,  warranty,  or  recourse, and, thereafter, Frost shall no longer
have any right, title or interest in or to such common stock purchase warrant or
such  term  note  and  the  indebtedness  evidenced  thereby  and,  further, any
guarantees  of third parties relating to such term note then held by Frost shall
terminate  insofar,  but  only insofar, as they relate to such term note and the
indebtedness  evidenced  thereby,  but  not  otherwise.

     The  parties  agree that the obligation of Constructors to continue to make
monthly  interest  payment  on the term loan through the date that Frost obtains
its  Series B Convertible Preferred Stock is evidenced by the Term Modification.

  2. Documentation  to  Implement  Term  Sheet  Paragraph  2.

     The  parties  agree  that the provisions of the Line of Credit Modification
implement  this  paragraph.

  3. Documentation  to  Implement  Term  Sheet  Paragraph  3.

     The  parties  agree  that  the Line of Credit Amendment carries forward the
reporting  requirements  that  are  to  be  complied  with  by  Constructors.

  4. Documentation  to  Implement  Term  Sheet  Paragraph  4.

     The  parties  agree that this paragraph is self-implementing. No additional
documentation  is  needed.

  5. Documentation  to  Implement  Term  Sheet  Paragraph  5.

     The parties agree that the Promissory Note in the form of Exhibit D hereto,
with  the  blanks  appropriately completed, the guarantees by Constructors, CCI,
CCIIS,  Berkshire and Novak in the forms of Exhibit E-l, E-2, E-3, E-4, and E-5,
attached  hereto,  and the Arbitration and Notice of Final Agreement in the Form
of Exhibit F attached hereto are satisfactory to implement the provisions of the
second  bullet  point  of  Term  Sheet  paragraph  5.

     Frost  agrees  that  the  terms  of the Designation of Series C Convertible
Preferred  Stock  set  forth as Exhibit G hereto and Redemption Rights Agreement
set  forth  as  Exhibit  H  hereto  are  satisfactory  to  it.

     Frost  and Novak agree that the Put Agreement set forth as Exhibit I hereto
is  satisfactory.

     If  on or before August 1, 2005, there is simultaneously delivered to Frost
(i)  $2,500,000.00  in  cash, reduced by any paydown on the line of credit after
the  date  hereof,  (ii)  a $300,000.00 Promissory Note by Charys in the form of
Exhibit  D  hereto,  (iii) Guarantees by Constructors, CCI, CCIIS, Berkshire and
Novak  in  the  form  of  Exhibits  E-l,  E-2,  E-3,  E-4 and E-5 hereto, (iv) a
certificate  representing  Five  Hundred  Thousand  (500,000)  shares  of Charys

                                        2
<PAGE>
Series  C  Convertible  Preferred  Stock,  having the preferences and rights set
forth  in Exhibit G hereto, (v) a registration rights agreement by Charys in the
form of Exhibit H hereto, (vi) a put agreement by Novak in the form of Exhibit I
hereto,  (vii)  Certificate  of Corporate Resolutions from Charys, Constructors,
CCI, CCIIS, and Berkshire in form acceptable to Frost, and (viii) an Arbitration
and Notice of Final Agreement by Charys, Constructors, CCI, CCIIS, Berkshire and
Novak  in  the  form  of  Exhibit F hereto, then in exchange therefor Frost will
deliver  to  Charys  the  original line of credit note (being the line of credit
note  evidencing  the  line  of  credit  described  in  the Term Sheet), without
representation,  warranty  or  recourse,  and, thereafter, Frost shall no longer
have  any  right,  title  or  interest in or to such line of credit note and the
indebtedness  evidenced  thereby  and,  further, any guarantees of third parties
relating to such line of credit note then held by Frost shall terminate. At such
time  Frost  will  also  deliver  to  Charys  such other documents as Charys may
reasonably  require  in  order  to  terminate all of Frost's rights in or to the
collateral  securing  such  line  of  credit  note.

  6. Documentation  to  Implement  Term  Sheet  Paragraph  6.

     The  parties  agree  that  the  first sentence of Term Sheet paragraph 6 is
self-implementing and does not require any additional documentation. The parties
agree  that  the  second  sentence  of  paragraph 6 are reflected in the Line of
Credit  Amendment.

  7. Documentation  to  Implement  Term  Sheet  Paragraph  7.

     The  parties  agree that this paragraph is self-implementing. No additional
documentation  is  needed.

  8. Documentation  to  Implement  Term  Sheet  Paragraph  8.

     The  parties  agree that this paragraph is self-implementing. No additional
documentation  is  needed.

  9. Documentation  to  Implement  Term  Sheet  Paragraph  9.

     The  parties  agree that this paragraph is self-implementing. No additional
documentation  is  needed.

 10. Documentation  to  Implement  Term  Sheet  Paragraph  10.

     The  parties  agree that this paragraph is self-implementing. No additional
documentation  is  needed.

 11. Documentation  to  Implement  Term  Sheet  Paragraph  11.

     The  parties  agree that this paragraph is self-implementing. No additional
documentation  is  needed.

 12. Documentation  to  Implement  or  Modify  Term  Sheet  Paragraph  12.

                                        3
<PAGE>
     The  parties  agree  that  notwithstanding  the  date  of  March  31, 2005,
specified  in Term Sheet paragraph 12, that the Term Sheet remains in effect, as
supplemented  by  this  Agreement  and  the  documents  referenced  herein.

     13.  The  provisions  of this Agreement, the Term Modification, the Line of
Credit Modification, the Line of Credit Amendment, the Arbitration and Notice of
Final Agreement, and Exhibits B through I control over conflicting provisions of
the  Term  Sheet.  Further, notwithstanding the provisions contained in the Term
Sheet that indicate that the Term Sheet is non-binding, the parties hereto agree
that, subject to the provisions of the preceding sentence, the Term Sheet is now
and  shall  be  binding.

                                        4
<PAGE>
     Executed as of the date and year first above written.

                                        The  Frost  National  Bank,
                                        a  national  banking  association.

                                        By:_____________________________________
                                        Name:___________________________________
                                        Title:__________________________________

                                        Contemporary  Constructors,  Inc.
                                        a  Texas  corporation

                                        By:_____________________________________
                                        Michael  J.  Novak,  President

                                        CCI  Telecom,  Inc.
                                        a  Nevada  corporation

                                        By:_____________________________________
                                        Michael  J.  Novak,  President

                                        CCI  Integrated  Solutions,  Inc.
                                        a  Texas  corporation

                                        By:_____________________________________
                                        Michael  J.  Novak,  President

                                        Berkshire  Wireless,  Inc.
                                        a  Massachusetts  corporation

                                        By:_____________________________________
                                        Michael  J.  Novak,  President

                                        _____________________________________
                                        Michael  J.  Novak,  Individually

                                        Charys  Holding  Company,  Inc.
                                        a  Delaware  corporation

                                        By:_____________________________________
                                        Billy  V.  Ray,  Jr.
                                        Chairman and Chief Executive Officer

                                        5
<PAGE>
                                    EXHIBIT A

                                        6
<PAGE>
                                CCI TELECOM, INC.

                                 PRINCIPAL TERMS
           RELATING TO DISPOSITION OF EXISTING FROST CREDIT FACILITIES

     CCI  Telecom,  Inc.  ("CCI")  has  entered  into  a  transaction  (the
"Transaction")  with  Charys  Holding Company, Inc. ("Charys") pursuant to which
Charys  issued  shares  of  its  common  stock  to  the  stockholders  of CCI in
cancellation  of  their  shares  of  CCI common stock and, consequently, CCI has
become  a  wholly-owned  subsidiary  of  Charys. Contemporary Constructors, Inc.
("Constructors")  continues  to  be  a  wholly-owned  subsidiary  of  CCI.

     Charys and CCI seek to enter into an agreement with The Frost National Bank
("Frost") and Charys relating to the credit facilities provided by Frost to CCI.
In furtherance thereof, and subject to the negotiation of a definitive agreement
relating  thereto,  Frost,  CCI,  Constructors,  Charys  and  Michael  J.  Novak
("Novak")  have  preliminarily  agreed  upon  the  following  principal  terms:

     Frost,  Charys, CCI, Constructors, Charys and Novak would enter into one or
more agreements (whether one or more, the "Forbearance Agreement") providing for
the  following:

     1.   Charys  would  issue to Frost 400,000 shares of a new series of Charys
preferred  stock as described below and to be designated as Series B Convertible
Preferred  Stock  in  full  payment  of  the existing term loan made by Frost to
Constructors,  and Frost would release any and all third-party guarantees of the
term  loan.  Such  shares  of  Series B Convertible Preferred Stock would not be
registered  under the Securities Act of 1933 (the "Securities Act") or any state
securities  laws;  however,  Charys would agree to file a registration statement
covering  the  shares  common  stock  issuable  upon conversion of such Series B
Convertible  Preferred  Stock within three months after the issuance thereof and
to  pursue  such  registration  in  the  same  manner  as  if  Frost  had demand
registration  rights and to the end that such registration would be treated as a
"shelf  registration  permitting  Frost to sell such shares of common stock from
time  to  time  in  accordance  with  the  terms  set forth in such registration
statement.  If  such  shares  were  not  covered  by  an  effective registration
statement  within  six months after the issuance thereof, Charys would pay Frost
liquidated  damages in an amount equal to interest that would have accrued under
the  term  loan from the date of issuance of such Series B Convertible Preferred
Stock  until  such  underlying  shares  of  common  stock become saleable in the
trading market pursuant to an effective registration statement. All common stock
purchase  warrants  that  have  been issued by CCI to Frost would be terminated.
Until  Charys  issues  to  Frost  the  400,000  shares  of  Series B Convertible
Preferred  Stock,  Constructors would continue to make monthly interest payments
on  the  term loan and pay interest through the date Frost obtains such Series B
Convertible Preferred Stock. In addition to the registration rights provided for
above  in  this  paragraph 1, the Series B Convertible Preferred Stock will have
the  following  provisions:

                    Conversion  Rights:  Each  share  of  Series  B  Convertible
               Preferred  Stock  would  be  convertible into one share of Charys
               common  stock  at  any  time  after the date of issuance thereof.

                    Voting  Rights:  None,  other  than  as  required  by  law.

<PAGE>
                    Dividends:  None

                    Other  Features: Reasonable and customary adjustments in the
               conversion  ratio  of the Series B Convertible Preferred Stock in
               the  event  of  stock  splits, stock dividends or similar events.

     2.   Frost  would  extend the final maturity of the existing line of credit
(the  "Line")  made  by  Frost  to  Constructors  for a period (the "Forbearance
Period")  of  six  months from February 1, 2005.   The Line would be renewed for
$4,550,000,  with  interest  being  payable  monthly  and  Constructors would be
required  to  comply  with  the existing terms and conditions, including but not
limited  to,  the  borrowing  base  and  reporting requirements. All third-party
guarantees  of  the  Line  would  remain  in  effect.

     3.   Constructors  would  continue  to  comply  with  existing  reporting
requirements,  including  but  not limited to, weekly borrowing base reports and
the  submission  of  a  borrowing  base  report  along  with any and all advance
requests.  CCI  has  heretofore  provided  Frost  with  a  copy  of  the audited
consolidated  financial  statements  of  CCI for the fiscal year ended March 31,
2004.

     4.   If, during the Forbearance Period, the direct or indirect ownership of
the  real  property  currently  owned  by  CCI  Associates  ("Associates")  is
transferred  to  CCI or Constructors, Frost would not interfere with the sale of
such property or with obtaining a mortgage loan secured by such property so long
as  all  mortgage  liens, including but not limited to Frost's, on such property
are  paid in full at such time. After the payment of the existing mortgage loans
secured  by  such  property,  the  remaining  proceeds from any such sale or new
mortgage  loan  would  be  used  by  Constructors  as  working  capital.

     5.   At any time during the Forbearance Period and no later than six months
from February 1, 2005, Frost would provide a   release of all security interests
and liens upon all collateral presently securing Constructors' debt to Frost, in
consideration  of  Frost  receiving  the  following:

          -    $2.5  million  in cash, as reduced by any net pay-down during the
               Forbearance  Period.

          -    $300,000  in the form of an unsecured promissory note executed by
               Charys, such note to bear interest at the rate of 12.0% per annum
               and  to  become due and payable, both principal and interest in a
               single  payment,  13  months  after  the date of issue. This note
               would  be  guaranteed by Constructors and all existing guarantors
               of  Constructor's  debts  to  Frost, including but not limited to
               Novak.

          -    500,000  shares  of a new series of preferred stock of Charys, to
               be  designated  as Series C Convertible Preferred Stock, with the
               following  provisions:

                    Conversion  Rights:  Each  share  of  Series  C  Convertible
               Preferred  Stock  would  be  convertible into one share of Charys
               common  stock  at any time after the expiration of 24 months from
               the  date  of  issue.

<PAGE>
                    Redemption  Rights:  Charys would have the optional right to
               redeem  the  Series C Convertible Preferred Stock, in whole or in
               part, and at any time and from time to time, until the expiration
               of  24  months  from  the  date  of  issuance  of  the  Series  C
               Convertible  Preferred Stock, at a cash price of $3.50 per share.

                    Registration  Rights:  The  Series  C  Convertible Preferred
               Stock  would  not  be  registered under the Securities Act or any
               state  securities laws. Charys would agree to file a registration
               statement  under  the  Securities  Act  covering the common stock
               issuable  upon  the  conversion  of  the  Series  C  Convertible
               Preferred  Stock  immediately  after  the  expiration  of the put
               option  described  below,  and to pursue such registration in the
               same manner as if Frost had demand registration rights and to the
               end  that  such  registration  would  be  treated  as  a  "shelf
               registration permitting Frost to sell such shares of common stock
               from  time to time in accordance with the terms set forth in such
               registration  statement.

                    Voting  Rights:  None,  other  than  as  required  by  law.
               Dividends:  None.

                    Put  Option:  In  the  event  Charys  does  not exercise its
               redemption  rights  at  $3.50 per share within 24 months from the
               date of the issuance of the Series C Convertible Preferred Stock,
               then  during  the  next  six  months  Novak shall be obligated to
               purchase Frost's 500,000 shares of Series C Convertible Preferred
               Stock,  or  the  remaining  shares thereof, at price of $3.50 per
               share,  upon  receipt of Frost's written request to purchase such
               shares.

                    Other  Features: Reasonable and customary adjustments in the
               conversion  ratio  of the Series C Convertible Preferred Stock in
               the  event  of  stock  splits, stock dividends or similar events.

     6.   Regardless  of  any  Forbearance  Agreement,  Frost  would reserve its
existing  rights  and  remedies and may exercise its rights and remedies, at its
sole  discretion,  if  at  any  time  Constructors should fail to: (i) remain in
compliance  with the borrowing base, (ii) keep interest current on the term loan
and  the  Line,  (iii)  comply with all reporting requirements, (iv) prevent any
liens,  other  than  those  for  the  benefit  of Frost, from being filed on its
assets,  without  Frost's express written consent, or (v) should Constructors or
CCI  become  insolvent,  seek  protection  in  bankruptcy  or  be  forced  into
bankruptcy.  The Forbearance Agreement would also provided that if the borrowing
base  required  a  pay-down  on the Line and such pay-down were not timely made,
there  would  be a cure period of seven business days, and if the curing payment
were  made  during  such  cure  period,  then  no  default  would have occurred.

     7.   Any  additional  working capital requirements of Constructors provided
by  Charys  would  be  on  an unsecured basis during the term of the Forbearance
Agreement.

     8.   Frost would retain all of its existing security interests and liens on
Constructors  assets and would not release or terminate its security interest or
liens  until it has received, to its satisfaction: (i) $2,500,000 (as reduced by
any  net pay-down) in cash, (ii) $300,000 promissory note from Charys, and (iii)
500,000  shares  of  Charys  Series  C  Convertible  Preferred  Stock.

<PAGE>
     9.   Any  fees  incurred  by  Frost, including but not limited to attorneys
fees,  in  regards  to  review  and  documentation  of the proposed renewals and
Forbearance  Agreement  would  be  paid  by  Constructors.

     10.  In  the  opinion  of  Frost' legal counsel at the time the Forbearance
Agreement  is entered into, the proposed transactions, including but not limited
to  the  proposed  issuance  of  common and preferred stock to Frost, must be in
compliance  with  all applicable laws, rules and regulations governing Frost and
must  not  require  Frost  to  issue any additional disclosure statements of any
kind.

     11.  The  proposed  issuance  of  500,000  shares  of  Series C Convertible
Preferred Stock, a new $300,000 promissory note from Charys payable to Frost and
the  payment  of  $2,500,000 cash (as reduced by any net pay-down) to Frost must
occur simultaneously within the   time period ending six months from February 1,
2005.

     12.  Documentation  of  the  Forbearance  Agreement must be completed on or
before  March  31, 2005, otherwise this Term Sheet shall automatically terminate
and  become  null  and  void.

     The  foregoing sets forth the proposed terms that have been discussed among
Frost,  CCI,  Constructors, Charys and Novak The foregoing is subject to Frost's
approval  and  documentation acceptable to legal counsel to Frost. The foregoing
is  intended  as  an outline only and does not purport to contain all the terms,
conditions,  covenants,  representations,  warranties and other provisions which
may  be  contained  in  a definitive agreement. Additional provisions and/or due
diligence  may  need to be reviewed or performed, in Frost's sole discretion, to
enable  Frost  to  make  a  final  decision regarding the Forbearance Agreement.
Frost,  CCI,  Constructors,  Charys and Novak are all executing this NON-BINDING
term sheet in the space provided below in order to evidence their current intent
to  proceed  to negotiate the definitive terms and conditions of the Forbearance
Agreement.

                            [SIGNATURE PAGES FOLLOW]

<PAGE>
Dated: March 11 , 2005
             --

THE FROST NATIONAL BANK                 CCI TELECOM, INC.

By: [UNREADABLE]                        By:
    -------------------------------        -----------------------------------
    Title: Senior Vice President           Title:
          -------------------------              -----------------------------

CHARYS HOLDING COMPANY, INC.            CONTEMPORARY CONSTRUCTORS, INC.

By:                                     By:
   --------------------------------        -----------------------------------

Name:                                   Name:
     ------------------------------          ---------------------------------

Title:                                  Title:
      -----------------------------           --------------------------------

MICHAEL J. NOVAK, individually

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

<PAGE>
Dated: March 11, 2005
             --

THE FROST NATIONAL BANK                 CCI TELECOM, INC.

By:                                     By: /s/ Michael J. Novak
    -------------------------------        -----------------------------------
    Title:                                 Title:  CEO
          -------------------------              -----------------------------

CHARYS HOLDING COMPANY, INC.            CONTEMPORARY CONSTRUCTORS, INC.

By:                                     By: /s/ Michael J. Novak
   --------------------------------        -----------------------------------

Name:                                   Name:  Michael J. Novak
     ------------------------------          ---------------------------------

Title:                                  Title:  CEO
      -----------------------------           --------------------------------

MICHAEL J. NOVAK, individually

/s/ Michael J. Novak
-----------------------------------

<PAGE>
Dated: March  11, 2005
              --

THE FROST NATIONAL BANK                 CCI TELECOM, INC.

By:                                     By:
    -------------------------------        -----------------------------------
    Title:                                 Title:
          -------------------------              -----------------------------

CHARYS HOLDING COMPANY, INC.            CONTEMPORARY CONSTRUCTORS, INC,

By:  /s/ Billy V. Ray Jr.               By:
   --------------------------------        -----------------------------------

Name: Billy V. Ray Jr.                  Name:
     ------------------------------          ---------------------------------

Title: CEO                              Title:
      -----------------------------           --------------------------------

MICHAEL J, NOVAK, individually

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

<PAGE>
                                    EXHIBIT B

                                        7
<PAGE>
              CERTIFICATE OF DESIGNATION, PREFERENCES AND RIGHTS OF
                     SERIES B CONVERTIBLE PREFERRED STOCK OF
                          CHARYS HOLDING COMPANY, INC.

     I,  Billy  V.  Ray,  Jr.,  President  of  Charys  Holding  Company, Inc., a
corporation  organized and existing under the laws of the State of Delaware (the
"Company"),  in  accordance  with  the provisions of Section 151 of the Delaware
General  Corporation  Law,  DO  HEREBY  CERTIFY:

     That pursuant to the authority conferred upon the Board of Directors of the
Company  (the  "Board") by the  Certificate of Incorporation of the Company, the
Board  on  April 28, 2005, adopted the following resolution creating a series of
400,000  preferred  shares  of  the  par value of $0.001 per share designated as
"Series  B  Convertible  Preferred  Stock":

     RESOLVED, that pursuant to the authority granted to and vested in the Board
in  accordance  with  the  provisions of the Certificate of Incorporation of the
Company,  a  series  of  preferred  stock  of  the Company be, and it hereby is,
created, and that the designation and amount thereof and the relative rights and
preferences  of  the  shares  of  such  series, called the "Series B Convertible
Preferred  Stock,"  are  as  follows:

     1.     Dividends.   Notwithstanding  anything  herein  to the contrary, and
            ----------
except  as  may  otherwise  be  provided  in  Paragraph 7 hereof, the holders of
outstanding  shares  of  the  Series  B Convertible Preferred Stock shall not be
entitled  to  receive  any  dividends,  whether in form of cash, stock, or other
property.

     2.     Redemption  Rights. Notwithstanding anything herein to the contrary,
            -------------------
the  Company  shall  not  be  entitled  to  redeem  the whole or any part of the
outstanding  Series  B  Convertible  Preferred  Stock.

     3.     Liquidation  Rights.   Upon  the dissolution, liquidation or winding
            --------------------
up  of  the  Company,  whether voluntary or involuntary, the holders of the then
outstanding  shares of Series B Convertible Preferred Stock shall be entitled to
receive  out  of  the  assets  of  the  Company the sum of $0.001 per share (the
"Liquidation  Rate")  before any payment or distribution shall be made on shares
of  the  common  stock  of  the Company, par value $0.001 per share (the "Common
Stock"),  or  any  other class of capital stock of the Company ranking junior to
the  Series  B  Convertible  Preferred  Stock.

          (a)     The  sale,  conveyance, exchange or transfer (for cash, shares
of  stock,  securities  or  other consideration) of all or substantially all the
property and assets of the Company shall be deemed a dissolution, liquidation or
winding  up  of  the Company for purposes of this Paragraph 3, but the merger or
consolidation  of  the Company into or with any other corporation, or the merger
or consolidation of any other corporation into or with the Company, shall not be
deemed  a  dissolution, liquidation or winding up, voluntary or involuntary, for
purposes  of  this  Paragraph  3.

          (b)     After  the  payment  to  the holders of shares of the Series B
Convertible  Preferred  Stock  of  the  full  preferential amounts fixed by this
Paragraph  3 for shares of the Series B Convertible Preferred Stock, the holders
of the Series B Convertible Preferred Stock as such shall have no right or claim
to  any  of  the  remaining  assets  of  the  Company.

          (c)     In  the  event  the  assets  of  the  Company  available  for
distribution  to  the  holders  of the Series B Convertible Preferred Stock upon
dissolution,  liquidation  or winding up of the Company shall be insufficient to
pay  in  full  all  amounts  to which such holders are entitled pursuant to this
Paragraph  3,  no distribution shall be made on account of any shares of a class
or series of capital stock of the Company ranking on a parity with the shares of
the  Series  B  Convertible  Preferred  Stock,  if  any,  upon such dissolution,
liquidation  or  winding  up  unless proportionate distributive amounts shall be
paid  on  account  of  the  shares  of the Series B Convertible Preferred Stock,
ratably, in proportion to the full distributive amounts for which holders of all
such  parity shares are respectively entitled upon such dissolution, liquidation
or  winding  up.

                                        1
<PAGE>
     4.     Conversion  of  Series B Convertible Preferred Stock.   At any time,
            ----------------------------------------------------
the  holder of shares of the Series B Convertible Preferred Stock shall have the
right,  at such holder's option, to convert any number of shares of the Series B
Convertible  Preferred  Stock  into  shares  of  the Common Stock. Such right to
convert  shall  commence  as  of the date the shares of the Series B Convertible
Preferred  Stock are issued to such holder (the "Issue Date") and shall continue
thereafter for a period of 10 years, such period ending on the tenth anniversary
of  the  Issue  Date.  In  the event that the holder of the Series B Convertible
Preferred  Stock  elects  to  convert  such shares into Common Stock, the holder
shall deliver to the Company a Conversion Notice in the form of Attachment A and
shall have 60 days from the date of such notice in which to tender the shares of
Series  B  Convertible  Preferred Stock being converted to the Company. Any such
conversion  shall  be  upon  the  other  following  terms  and  conditions:

          (a)     Conversion  Rate.  Subject  to  adjustment as provided herein,
                  ----------------
each share of the Series B Convertible Preferred Stock shall be convertible into
one  fully  paid  and  nonassessable  share of the Common Stock (the "Conversion
Rate").

          (b)     Adjustment  of  Conversion Rate for Dilution and Other Events.
                  -------------------------------------------------------------
In  order  to prevent dilution of the rights granted to the holders of shares of
the Series B Convertible Preferred Stock, the Conversion Rate will be subject to
adjustment  from  time  to  time  as  follows:

               (i)     Adjustment  of  Conversion  Rate  upon  Subdivision  or
                       -------------------------------------------------------
Combination  of  the Common Stock. If the Company at any time subdivides (by any
---------------------------------
stock  split,  stock  dividend,  recapitalization  or  otherwise) the issued and
outstanding  or  authorized  Common  Stock  into a greater number of shares, the
Conversion  Rate  in  effect  immediately  prior  to  such  subdivision  will be
proportionately  increased. If the Company at any time combines (by combination,
reverse  stock  split  or  otherwise)  the  issued and outstanding or authorized
Common  Stock  into  a  smaller  number of shares, the Conversion Rate in effect
immediately  prior  to  such  combination  will  be  proportionately  decreased.

               (ii)     Reorganization, Reclassification, Consolidation, Merger,
                        --------------------------------------------------------
or  Sale.  Any dividend or distribution payable or to be made in Common Stock or
--------
other  shares  of  stock of the Company or any recapitalization, reorganization,
reclassification,  consolidation,  merger, or other similar transaction which is
effected  in such a way that holders of the Common Stock are entitled to receive
(either  directly  or  upon  subsequent liquidation) stock, securities or assets
with  respect to or in exchange for the Common Stock is referred to herein as an
"Organic  Change."  Prior to the consummation of any Organic Change, the Company
will  make  appropriate  provision,  in  form  and substance satisfactory to the
holders  of  a  majority  of  the outstanding shares of the Series B Convertible
Preferred  Stock,  to  ensure that each of the holders of shares of the Series B
Convertible  Preferred  Stock  will  thereafter  have  the  right to acquire and
receive  in  lieu  of  or  in addition to, as the case may be, the shares of the
Common  Stock  immediately  theretofore  acquirable  and  receivable  upon  the
conversion of such holder's Series B Convertible Preferred Stock, such shares of
stock,  securities  or  assets as may be issued or payable with respect to or in
exchange  for  the  number of shares of the Common Stock immediately theretofore
acquirable  and  receivable  upon  the conversion of such holder's shares of the
Series B Convertible Preferred Stock had such Organic Change not taken place. In
any  such  case,  the  Company  will  make  appropriate  provision,  in form and
substance satisfactory to the holders of a majority of the outstanding shares of
the  Series  B Convertible Preferred Stock, with respect to such holders' rights
and interests to ensure that the provisions of this paragraph and paragraph 4(c)
below will thereafter be applicable to the Series B Convertible Preferred Stock.
The  Company  will  not effect any such consolidation or merger, unless prior to
the  consummation thereof the successor entity resulting from such consolidation
or  merger,  if  other than the Company, assumes, by written instrument, in form
and  substance  satisfactory  to  the  holders  of a majority of the outstanding
shares of the Series B Convertible Preferred Stock, the obligation to deliver to
each holder of shares of the Series B Convertible Preferred Stock such shares of
stock,  securities  or  assets  as, in accordance with the foregoing provisions,
that  such  holder  may  be  entitled  to  acquire.

               (iii)     Notices.  Immediately  upon  any  adjustment  of  the
                         -------
Conversion Rate, the Company will give written notice of such adjustment to each
holder  of  shares of the Series B Convertible Preferred Stock, setting forth in
reasonable detail and certifying the calculation of such adjustment. The Company
will  give  written  notice to each holder of shares of the Series B Convertible
Preferred  Stock  at least 20 days prior to the date on which the Company closes
its  books  or  takes a record with respect to any dividend or distribution upon
the  Common Stock, or with respect to any pro rata subscription offer to holders
of  the  Common  Stock.  The  Company

                                        2
<PAGE>
will  also  give  written  notice  to  each  holder  of  shares  of the Series B
Convertible  Preferred  Stock  at  least  20 days prior to the date on which any
Organic  Change,  dissolution  or  liquidation  will  take  place.

          (c)     Purchase Rights.  If at any time the Company grants, issues or
                  ---------------
sells any options, convertible securities or rights to purchase stock, warrants,
securities  or other property pro rata to the record holders of the Common Stock
(the  "Purchase Rights"), then each holder of shares of the Series B Convertible
Preferred  Stock  will be entitled to acquire, upon the terms applicable to such
Purchase  Rights,  the  aggregate  Purchase  Rights which such holder could have
acquired  if  such  holder  had  held  the  number of shares of the Common Stock
acquirable  upon  complete  conversion  of  the  holder's shares of the Series B
Convertible  Preferred  Stock  immediately  before the date on which a record is
taken  for  the  grant, issuance or sale of such Purchase Rights, or, if no such
record is taken, the date as of which the record holders of the Common Stock are
to  be  determined  for  the  grant,  issue  or  sale  of  such Purchase Rights.

          (d)     Mechanics  of  Conversion.  To  convert shares of the Series B
                  -------------------------
Convertible  Preferred  Stock  into  full shares of the Common Stock on any date
(the  "Conversion  Date"),  the  holder thereof shall (i) deliver or transmit by
facsimile  to  the Company, for receipt on or prior to 11:59 p.m., Eastern Time,
on  the  Conversion Date, a copy of a fully executed notice of conversion in the
form  attached  hereto  as  Attachment  A  (the  "Conversion  Notice"), and (ii)
                            -------------
surrender to a common carrier for delivery to the Company as soon as practicable
following  such  date,  the  certificates (each a "Preferred Stock Certificate")
representing  the  shares  of  the  Series  B  Convertible Preferred Stock being
converted,  or an indemnification undertaking with respect to such shares in the
case  of  the  loss,  theft  or destruction thereof, and the originally executed
Conversion  Notice.  Upon  receipt  by  the  Company  of  a  facsimile copy of a
Conversion  Notice,  the  Company  shall  immediately  send,  via  facsimile,  a
confirmation  of  receipt of such Conversion Notice to such holder.  Within five
business  days  of  the  Company's receipt of the originally executed Conversion
Notice  and the holder's Preferred Stock Certificate(s), the Company shall issue
and  surrender  to  a  common  carrier  for overnight delivery to the address as
specified in the Conversion Notice, a certificate, registered in the name of the
holder  or  its  designee, for the number of shares of the Common Stock to which
the  holder  is  entitled.

          (e)     Record  Holder.  The  person  or  persons  entitled to receive
                  --------------
shares  of  the  Common Stock issuable upon conversion of shares of the Series B
Convertible  Preferred  Stock  shall  be  treated for all purposes as the record
holder  or  holders  of  such shares of the Common Stock on the Conversion Date.

          (f)     Fractional  Shares. The Company shall not be required to issue
                  ------------------
any fraction of a share of the Common Stock upon any conversion.   All shares of
the  Common Stock, including fractions thereof, issuable upon conversion of more
than  one  share of the Series B Convertible Preferred Stock shall be aggregated
for  purposes of determining whether the conversion would result in the issuance
of  a  fraction  of a share of the Common Stock. If, after such aggregation, the
issuance  would  result  in the issuance of a fraction of it share of the Common
Stock,  the  Company shall round such fraction of a share of the Common Stock up
or  down  to  the  nearest  whole  share.

          (g)     Reissuance  of  Certificates.  In the event of a conversion of
                  ----------------------------
less  than  all  of  the  shares  of  the  Series  B Convertible Preferred Stock
represented  by  a  particular  Preferred  Stock  Certificate, the Company shall
promptly  cause  to  be  issued  and  delivered  to  the holder of such Series B
Convertible  Preferred  Stock  a  new  Series  B  Convertible  Preferred  Stock
Certificate  representing  the  remaining  shares  of  the  Series B Convertible
Preferred  Stock  which  were  not  corrected.

     5.     Reservation  of  Shares.  The  Company  shall, so long as any of the
            -----------------------
shares  of the Series B Convertible Preferred Stock are outstanding, reserve and
keep  available  out  of its authorized and unissued shares of the Common Stock,
solely for the purpose of effecting the conversion of the shares of the Series B
Convertible  Preferred  Stock, the number of shares of the Common Stock as shall
from  time  to  time  be  sufficient  to  effect  the  conversion  of all of the
outstanding  shares  of  the  Series  B  Convertible  Preferred  Stock.

     6.     Seniority.  The  shares  of the Series B Convertible Preferred Stock
            ---------
shall  rank  superior  to  the  shares of the Company's Common Stock, and to the
shares of all other series of the Company's preferred stock.   The rights of the
shares of the Common Stock and all other series of the Company's preferred stock
shall  be  subject  to  the preferences and relative rights of the shares of the
Series  B  Convertible  Preferred  Stock.   Without  the  prior

                                        3
<PAGE>
written  consent  of  the  holders  of  not  less  than  two-thirds (2/3) of the
outstanding  shares  of  the  Series  B Convertible Preferred Stock, the Company
shall not hereafter authorize or issue additional or other capital stock that is
of  senior  or  equal  rank  to the shares of the Series B Convertible Preferred
Stock  in  respect  of the preferences as to distributions and payments upon the
liquidation,  dissolution and winding up of the Company described in Paragraph 3
above.

     7.     Restriction  on Dividends. If any shares of the Series B Convertible
            -------------------------
Preferred  Stock  are  outstanding,  the  Company  shall  not, without the prior
written  consent  of  the  holders of not less than two-thirds (2/3) of the then
outstanding  shares  of  the  Series  B Convertible Preferred Stock, directly or
indirectly declare, pay or make any dividends or other distributions upon any of
the  Common  Stock  or  any  other  series  of  the  Company's  preferred stock.
Notwithstanding  the  foregoing,  this  paragraph shall not prohibit the Company
from  declaring  and paying a dividend in cash with respect to the shares of the
Common Stock or any other series of the Company's preferred stock so long as the
Company  simultaneously  pays  each holder of shares of the Series B Convertible
Preferred  Stock  an  amount  in cash equal to the amount such holder would have
received  had  all of such holder's shares of the Series B Convertible Preferred
Stock  been converted to shares of the Common Stock on the business day prior to
the  record  date  for  any  such  dividend.

     8.     Vote  to  Change  the  Terms  of  the Series B Convertible Preferred
            --------------------------------------------------------------------
Stock.  Without  the  prior  written  consent  of  the  holders of not less than
-----
two-thirds (2/3) of the outstanding shares of the Series B Convertible Preferred
Stock,  the  Company shall not amend, alter, change or repeal any of the powers,
designations,  preferences  and  rights  of  the  Series B Convertible Preferred
Stock.

     9.     Lost  or  Stolen  Certificates.    Upon  receipt  by  the Company of
            ------------------------------
evidence  satisfactory  to  the  Company  of  the  loss,  theft,  destruction or
mutilation of any Preferred Stock Certificates representing shares of the Series
B  Convertible  Preferred Stock, and, in the case of loss, theft or destruction,
of  any indemnification undertaking or bond, in the Company's discretion, by the
holder  to  the  Company  and,  in  the  case  of mutilation, upon surrender and
cancellation  of  the  Preferred Stock certificate(s), the Company shall execute
and  deliver  new  Series  B  Convertible Preferred Stock certificate(s) of like
tenor  and  date;  provided,  however,  the  Company  shall  not be obligated to
re-issue Series B Convertible Preferred Stock certificates if the holder thereof
contemporaneously  requests  the  Company to convert such shares of the Series B
Convertible  Preferred  Stock  into  the  Common  Stock.

     10.     Voting.  The  holders  of  the Series B Convertible Preferred Stock
             ------
shall  have  no voting rights on any matter submitted to the stockholders of the
Company  for  their  vote,  waiver, release or other action, or be considered in
connection  with  the  establishment  of  a  quorum,  except as may otherwise be
expressly required by law or by the applicable stock exchange rules.

     The  Resolution  was duly adopted by all of the directors of the Company as
required by Section 151 of the Delaware General Corporation Law.

     IN  WITNESS  WHEREOF,  the  undersigned  has  executed  this Certificate of
Designation,  Preferences  and  Rights on behalf of the Company this 29th day of
April,  2005.

                                    CHARYS  HOLDING  COMPANY,  INC.

                                    By /s/ Billy V. Ray, Jr.
                                      ------------------------------------------
                                      Billy V. Ray, Jr., Chief Executive Officer

                                        4
<PAGE>
THE  STATE  OF  GEORGIA  *
                         *
COUNTY  OF  FULTON       *

     On  this  29th  day  of  April, 2005, before me, the undersigned authority,
personally  appeared Billy V. Ray, Jr., the President of Charys Holding Company,
Inc.,  a  Delaware  corporation,  known  to  me  to  be the person whose name is
subscribed  to the within instrument, and acknowledged that he executed the same
for the purposes and consideration therein expressed, and as the act and deed of
said  corporation,  and  who  also  upon  oath swore that the statements therein
contained  are  true  and  correct.

     IN  WITNESS  WHEREOF,  I  have hereunto set my hand and affixed my official
seal the day and year in this certificate first above written.

                                   ---------------------------------------------
                                   Notary Public for the State of Georgia
                                   Printed  Name:
                                                 -------------------------------
                                   My  Commission  Expires:
                                                           ---------------------

                                        5
<PAGE>
                                  ATTACHMENT A
                          CHARYS HOLDING COMPANY, INC.
                                CONVERSION NOTICE

     In  accordance  with  and  pursuant to the provisions of the Certificate of
Designation  Establishing Series B Convertible Preferred Stock of Charys Holding
Company,  Inc., the undersigned hereby elects to convert the number of shares of
Series  B  Convertible  Preferred  Stock,  par value $0.001 per share, of Charys
Holding  Company, Inc. (the "Company") indicated below into shares of the common
stock,  par  value  $0.001  per  share  (the "Common Stock"), of the Company, by
tendering  the  stock  certificate(s)  representing the share(s) of the Series B
Convertible  Preferred  Stock  hereinafter  described  as  of the date specified
below.

     The  undersigned  acknowledges  that  the  securities  issuable  to  the
undersigned  upon  conversion  of  shares  of the Series B Convertible Preferred
Stock  may  not  be  sold, pledged, hypothecated or otherwise transferred unless
such securities are registered under the Securities Act of 1933, as amended, and
any  other  applicable securities law, or the Company has received an opinion of
counsel  satisfactory  to  it  that  registration  is  not required. A legend in
substantially  the  following  form  will be placed on any certificates or other
documents  evidencing  the  securities  to  be issued upon any conversion of the
shares  of  the  Series  B  Convertible  Preferred  Stock:

          THE  SECURITIES  REPRESENTED  BY THIS INSTRUMENT OR DOCUMENT
          HAVE  BEEN  ACQUIRED  FOR  INVESTMENT  AND  HAVE  NOT  BEEN
          REGISTERED  UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR
          THE  SECURITIES LAW OF ANY STATE. WITHOUT SUCH REGISTRATION,
          SUCH  SECURITIES  MAY  NOT BE SOLD, PLEDGED, HYPOTHECATED OR
          OTHERWISE TRANSFERRED EXCEPT UPON DELIVERY TO THE COMPANY OF
          AN  OPINION  OF  COUNSEL  SATISFACTORY  TO  THE COMPANY THAT
          REGISTRATION  IS  NOT  REQUIRED  FOR  SUCH  TRANSFER  OR THE
          SUBMISSION  TO  THE COMPANY OF SUCH OTHER EVIDENCE AS MAY BE
          SATISFACTORY  TO  THE  COMPANY  TO  THE EFFECT THAT ANY SUCH
          TRANSFER  SHALL NOT BE IN VIOLATION OF THE SECURITIES ACT OF
          1933,  AS  AMENDED,  THE SECURITIES LAW OF ANY STATE, OR ANY
          RULE  OR  REGULATION  PROMULGATED  THEREUNDER.

Date of Conversion:
                   --------------------------

Number of shares of the Series B Convertible Preferred Stock to be converted:

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

Stock certificate no(s). of the shares of the Series B Convertible Preferred
Stock to be converted:

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

Conversion Rate:
                -----------------------------

Number of shares of the Common Stock to be issued:

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

Name in which shares of the Common Stock are to be issued:

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

---------------------------------------------
Signature

---------------------------------------------
Printed Name and Address

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

<PAGE>
                                    EXHIBIT C

                                        8
<PAGE>
                    FROST REGISTRATION RIGHTS AGREEMENT NO. 1

     THIS  REGISTRATION  RIGHTS  AGREEMENT  is made and entered into as of April
25,  2005  by  and  among  CHARYS  HOLDING COMPANY, INC., a Delaware corporation
("Charys")  and  THE FROST NATIONAL BANK, a national banking corporation located
in  San  Antonio,  Texas  ("Frost").

     WHEREAS,  Charys  has  issued  to  Frost  400,000  shares  of  its Series B
Convertible  Preferred  Stock,  par value $0.001, per share (the Charys Series B
Convertible  Preferred  Stock"),  which is convertible into shares of the Charys
common  stock,  par  value  $0.001  per  share  (the "Charys Common Stock"); and

     WHEREAS,  a  copy  of the Certificate of Designation of the Charys Series B
Convertible  Preferred  Stock  is  attached  hereto  as  Attachment  A:
                                                         --------------

     NOW,  THEREFORE,  in  consideration  of  the  premises  and  of  the mutual
covenants  and  agreements,  and  subject  to  the  terms  and conditions herein
contained,  the  parties  hereto  hereby  agree  as  follows:

                                    ARTICLE I
                               REGISTRATION RIGHTS

     1.1     Registrable  Shares.  "Registrable  Shares"  means and includes the
             --------------------
shares  of  the  Charys  Common  Stock  issued pursuant to any conversion of the
Charys Series B Convertible Preferred Stock, plus all other securities of Charys
issued  with  respect to such Charys Common Stock by way of a stock split, stock
dividend,  recapitalization,  merger  or  consolidation  or otherwise. As to any
particular  Registrable  Shares,  such  securities  will cease to be Registrable
Shares  when:

          (a)     They have been effectively registered under the Securities Act
of  1933,  as  amended (the "Securities Act") and disposed of in accordance with
the  Registration  Statement  covering  them;  or

          (b)     A  Registration Statement with respect thereto shall have been
effective  for  a  period  of  two  years.

     1.2     Registration  of  Registrable Shares.  Charys shall, within 90 days
             -------------------------------------
after demand therefor by Frost, file a registration statement (the "Registration
Statement")  pursuant  to Rule 415 under the Securities Act, or any similar rule
that  may  be  adopted  by  the  Securities and Exchange Commission (the "SEC"),
covering the resale of the Registrable Shares. Charys shall use its best efforts
to  cause  the  Registration  Statement to be declared effective by the SEC (the
"Required  Effectiveness  Date")  on  the  earlier  of:

          (a)     180  days  following  such  demand  by  Frost;

          (b)     Ten  days  following  the  receipt of a "No Review" or similar
letter  from  the  SEC;  or

          (c)     The  first  day  following  the  day  the  SEC  determines the
Registration  Statement  is  eligible  to  be  declared  effective.

     1.3     Registration  Statement  Form.   Registration  under  Paragraph 1.2
             ------------------------------
shall  be on Form SB-2 or such other appropriate registration form of the SEC as
shall  permit  the  disposition of the Registrable Shares in accordance with the
intended  method  or methods of disposition specified by Frost to be included in
the  Registration  Statement;  provided,  however,  such  intended  method  of
disposition  shall  not  include more than one underwritten offering of not less
than  all  Registrable  Shares,  the  underwriter  of which shall be selected by
Charys  and  reasonably  acceptable  to  Frost.

     1.4     Expenses.  Charys  will pay all registration expenses in connection
             --------
with  any  registration  required  by  Paragraph  1.2  herein.

<PAGE>
     1.5     Effective Registration Statement. A registration requested pursuant
             --------------------------------
to Paragraph 1.2 shall not be deemed to have been effected:

          (a)     Unless  a  Registration  Statement  with  respect  thereto has
become  effective  within  the  time  period  specified  herein, provided that a
registration  which  does not become effective after Charys files a Registration
Statement  with  respect  thereto  solely by reason of the refusal to proceed by
Frost  (other  than a refusal to proceed based upon the advice of counsel in the
form  of  a  letter  signed by such counsel and provided to Charys relating to a
disclosure  matter  unrelated to Frost) shall be deemed to have been effected by
Charys  unless  Frost  shall  have  elected  to pay all registration expenses in
connection  with  such  registration,

          (b)     If, after it has become effective, such Registration Statement
becomes  subject  to  any stop order, injunction or other order or extraordinary
requirement  of the SEC or other governmental agency or court for any reason; or

          (c)     If, after it has become effective, such Registration Statement
ceases  to  be  effective or it or the prospectus forming a part thereof are not
usable  by  Frost, other than during the allowable Black-Out Periods (as defined
herein),  to  permit  the  disposition  thereunder  of the Registrable Shares in
compliance with the Securities Act and the SEC regulations during the period the
Registration  Statement  is  required  to  be  effective.

     1.6     Plan  of  Distribution.  Charys hereby agrees that the Registration
             ----------------------
Statement  shall include a plan of distribution section reasonably acceptable to
Frost.

     1.7     Liquidated  Damages.   If  (a)  Charys  shall  not  cause  the
             -------------------
Registration  Statement to be declared effective pursuant to the requirements of
Paragraph 1.2 herein, then Charys shall pay Frost, as liquidated damages and not
as  a  penalty,  an  amount equal to interest on $1,709,201.51 computed at a per
annum  rate  equal to the lesser of (i) a rate equal to the Prime Rate of Frost,
plus  three  percent  per  annum,  with  said rate to be adjusted to reflect any
change  in  said  Prime  Rate at the time of any such change or (ii) the highest
rate  permitted  by  applicable  law  from  the  date  hereof until the date the
Registration  Statement  shall  be  declared  effective  and  (b)  if, after the
Registration  Statement  is  declared  effective  and  until  two years after it
becomes  effective,  the Registration Statement or the related prospectus is not
usable  by  Frost  as  a  result of any of the conditions specified in Paragraph
1.5(b) or (c) hereof, then Charys shall pay Frost, as liquidated damages and not
as a penalty, an amount equal to the interest on $1,709,201.51 computed at a per
annum  rate  equal to the lesser of (i) a rate equal to the Prime Rate of Frost,
plus  three  percent  per  annum,  with  said rate to be adjusted to reflect any
change  in  said  Prime  Rate at the time of any such change or (ii) the highest
rate  permitted  by  applicable  law  for  each  such  day that the Registration
Statement  or  the  related  prospectus  is  not  so  usable  by  Frost.

     The  "Prime Rate" shall mean the prime rate of interest charged by Frost as
established  from  time to time. The Prime Rate is a reference rate and does not
necessarily  represent the lowest or best rate actually charged to any customer.

     Interest  shall  be computed on a per annum basis of a year of 360 days and
for the actual number of days elapsed, unless such calculation would result in a
rate  greater  than  the highest rate permitted by applicable law, in which case
interest  shall  be  computed  on a per annum basis of a year of 365 days or 366
days  in  a  leap  year,  as  the  case  may  be.

     The  parties  agree  that  the  only damages payable for a violation of the
terms  of  this Agreement with respect to which liquidated damages are expressly
provided  shall  be  such  liquidated damages. Nothing shall preclude Frost from
pursuing  or  obtaining  specific  performance  or  other  equitable relief with
respect  to  this  Agreement.

     The  parties  hereto agree that the liquidated damages provided for in this
Paragraph  1.7  constitute  a  reasonable  estimate  of  the damages that may be
incurred  by  Frost by reason of the failure of the Registration Statement to be
filed,  or  declared effective, or cease to be effective, in accordance with the
provisions  hereof.

                                        2
<PAGE>
                                   ARTICLE II
                         INCIDENTAL REGISTRATION RIGHTS

     2.1     Right  to  Include  ("Piggy-Back")  Registrable Shares.   If at any
             ------------------------------------------------------
time  Charys proposes to register any of its securities under the Securities Act
(other  than  by  a  registration  in connection with an acquisition in a manner
which  would  not  permit  registration  of  Registrable  Shares for sale to the
public,  on  Form  S-8,  or  any  successor  form  thereto,  on Form S-4, or any
successor  form  thereto  and  other  than  pursuant to Article I hereof), on an
underwritten  basis  (either  "best-efforts"  or  "firm-commitment"),  and Frost
continues  to  own  Charys Series B Convertible Preferred Stock or any shares of
Charys  Common  Stock  issued  pursuant to the conversion of the Charys Series B
Convertible  Preferred  Stock,  or  any  other  securities of Charys issued with
respect  to  such  Charys  Common  Stock  by  way of stock split, stock divided,
recapitalization,  merger,  consolidation  or  otherwise, then, Charys will each
such  time  give prompt written notice to Frost of its intention to do so and of
Frost's  rights under this Paragraph 2.1. Upon the written request of Frost made
within 10 days after the receipt of any such notice (which request shall specify
the  Registrable  Shares  intended  to  be disposed of by Frost and the intended
method  of  disposition  thereof),  Charys  will,  subject  to the terms of this
Agreement,  use  its  commercially  reasonable  best  efforts  to  effect  the
registration  under  the Securities Act of the Registrable Shares, to the extent
requisite  to  permit  the  disposition (in accordance with the intended methods
thereof  as  aforesaid)  of  the  Registrable  Shares  so  to  be registered, by
inclusion  of  the Registrable Shares in the Registration Statement which covers
the  securities which Charys proposes to register; provided that if, at any time
after  written  notice  of its intention to register any securities and prior to
the  effective  date of the Registration Statement filed in connection with such
registration, Charys shall determine for any reason either not to register or to
delay registration of such securities, Charys may, at its election, give written
notice  of  such  determination  to  Frost  and,  thereupon:

          (a)     In  the  case  of  a  determination  not to register, shall be
relieved  of  this  obligation  to  register  any  of  the Registrable Shares in
connection  with  such  registration  (but  not  from  its obligation to pay the
registration  expenses  in connection therewith), without prejudice, however, to
the  rights  of  Frost  entitled  to  do so to request that such registration be
effected  as  a  registration  under  Article  I  hereof;  and

          (b)     In  the case of a determination to delay registering, shall be
permitted  to  delay  registering  any  of  the Registrable Shares, for the same
period  as  the  delay  in  registering  such  other  securities.

     No  registration  effected under this Paragraph 2.1 shall relieve Charys of
its  obligation  to effect any registration upon request under Article I hereof.
Charys  will  pay all registration expenses in connection with each registration
of  the  Registrable  Shares requested pursuant to this Paragraph 2.1. The right
provided  Frost  pursuant  to  this  paragraph  shall be exercisable at its sole
discretion  and  will  in  no  way  limit  any of Charys' obligations hereunder.

     2.2     Priority in Incidental Registrations.   If the managing underwriter
             ------------------------------------
of the underwritten offering contemplated by this Article II shall inform Charys
and  Frost by letter of its belief that the number of securities requested to be
included  in  such  registration  exceeds  the  number which can be sold in such
offering,  then  Charys  will include in such registration, to the extent of the
number  which  Charys  is  so  advised  can  be  sold  in  such  offering:

          (a)     First,  securities  proposed  by Charys to be sold for its own
account;  and

          (b)     Second, the Registrable Shares and securities of other selling
security  holders  requested to be included in such registration pro rata on the
basis  of  the number of shares of such securities so proposed to be sold and so
requested to be included; provided, however, Frost shall have pro rata rights of
registration  with all shares sought to be included by officers and directors of
Charys  as  well  as  holders  of 10 percent or more of the Charys Common Stock.

                                        3
<PAGE>
                                   ARTICLE III
                             REGISTRATION PROCEDURES

     3.1     Registration  Procedures.  If  and  whenever  Charys is required to
             -------------------------
effect  the  registration  of any of the Registrable Shares under the Securities
Act  as  provided  in  Paragraph  1.2  hereof, Charys shall, as expeditiously as
possible:

          (a)     Prepare  and  file with the SEC the Registration Statement, or
amendments  thereto,  to  effect  such  registration  (including  such  audited
financial  statements  as may be required by the Securities Act or the rules and
regulations  promulgated  thereunder)  and  thereafter  use  its  commercially
reasonable  best  efforts  to  cause  the  Registration Statement to be declared
effective by the SEC, as soon as practicable, but in any event no later than the
Required  Effectiveness  Date  (with  respect  to  a  registration  pursuant  to
Paragraph  1.2  hereof);  provided, however, that before filing the Registration
Statement or any amendments thereto, Charys will furnish to the counsel selected
by  Frost,  copies  of  all  such  documents  proposed  to  be  filed;

          (b)     With  respect  to  any  Registration  Statement  pursuant  to
Paragraph  1.2  hereof,  prepare  and  file  with  the  SEC  such amendments and
supplements  to the Registration Statement and the prospectus used in connection
therewith  as  may be necessary to keep the Registration Statement effective and
to  comply  with  the  provisions  of  the  Securities  Act  with respect to the
disposition  of  all  of  the  Registrable  Shares  covered  by the Registration
Statement  (subject  to  the  right of Charys to suspend the use thereof for not
more  than 10 consecutive trading days or an aggregate of 40 trading days during
each  year  (each  a  "Black-Out  Period")  until  two  (2)  years  after  such
Registration  Statement  became  effective;

          (c)     Furnish  to  Frost  such  number  of  conformed  copies of the
Registration  Statement  and  of  each such amendment and supplement thereto (in
each  case  including  all  exhibits),  such  number of copies of the prospectus
contained  in  the Registration Statement (including each preliminary prospectus
and  any summary prospectus) and any other prospectus filed under Rule 424 under
the  Securities  Act, in conformity with the requirements of the Securities Act,
and  such  other documents, as Frost and the underwriter, if any, may reasonably
request  in  order  to  facilitate  the  public sale or other disposition of the
Registrable  Shares  owned  by  Frost;

          (d)     Use  its  commercially  reasonable best efforts to register or
qualify  all  of  the  Registrable  Shares  and  other securities covered by the
Registration Statement under such other securities laws or blue sky laws of such
states  as  Frost  shall  reasonably  request,  to  keep  such  registrations or
qualifications  in  effect  for so long as the Registration Statement remains in
effect,  and  take  any other action which may be reasonably necessary to enable
Frost  to  consummate  the  disposition  in such jurisdictions of the securities
owned by Frost, except that Charys shall not for any such purpose be required to
qualify  generally  to  do business as a foreign corporation in any jurisdiction
wherein  it  would  not  but  for  the  requirements  of this subdivision (d) be
obligated  to be so qualified or to consent to general service of process in any
such  jurisdiction;

          (e)     Use  its  commercially reasonable best efforts to cause all of
the  Registrable  Shares  covered by the Registration Statement to be registered
with  or  approved  by such other governmental agencies or authorities as may be
necessary  to  enable  Frost  thereof  to  consummate  the  disposition  of  the
Registrable  Shares;

          (f)     Furnish to Frost a signed counterpart, addressed to Frost, and
the  underwriters,  if  any,  of  an  opinion  of  counsel for Charys, dated the
effective  date of the Registration Statement (or, if such registration includes
an  underwritten public offering, an opinion dated the date of the closing under
the  underwriting  agreement),  reasonably satisfactory in form and substance to
Frost)  including  that  the  prospectus and any prospectus supplement forming a
part  of  the  Registration  Statement does not contain an untrue statement of a
material  fact  or  omits  a  material  fact  required  to  be stated therein or
necessary in order to make the statements therein, in light of the circumstances
under  which  they  were  made,  not  misleading;

          (g)     Notify  Frost and its counsel promptly and confirm such advice
in  writing  promptly  after  Charys  has  knowledge  thereof:

                                        4
<PAGE>
               (i)     When  the  Registration  Statement, the prospectus or any
prospectus  supplement  related  thereto  or  post-effective  amendment  to  the
Registration  Statement  has  been  filed, and, with respect to the Registration
Statement  or  any  post-effective  amendment  thereto, when the same has become
effective;

               (ii)    Of  any request by the SEC for amendments or  supplements
to  the  Registration Statement or the prospectus or for additional information;

               (iii)   Of the issuance by the SEC of any stop  order  suspending
the  effectiveness  of  the  Registration  Statement  or  the  initiation of any
proceedings  by  any  person  for  that  purpose;  and

               (iv)    Of  the  receipt  by  Charys  of  any  notification  with
respect  to  the  suspension  of the qualification of any Registrable Shares for
sale under the securities or blue sky laws of any jurisdiction or the initiation
or  threat  of  any  proceeding  for  such  purpose;

          (h)     Notify  Frost,  at any time when a prospectus relating thereto
is  required  to  be delivered under the Securities Act, upon discovery that, or
upon the happening of any event as a result of which, the prospectus included in
the Registration Statement, as then in effect, includes an untrue statement of a
material fact or omits to state any material facts required to be stated therein
or  necessary  to make the statements therein not misleading in the light of the
circumstances  then  existing,  and at the request of Frost promptly prepare and
furnish  to  Frost  a  reasonable  number  of  copies  of  a supplement to or an
amendment  of  such  prospectus  as  may  be  necessary  so  that, as thereafter
delivered  to  the  purchasers  of  such  securities,  such prospectus shall not
include  an untrue statement of a material fact or omit to state a material fact
required  to  be  stated therein or necessary to make the statements therein not
misleading  in  the  light  of  the  circumstances  then  existing;

          (i)     Use  its  best  efforts  to obtain the withdrawal of any order
suspending  the  effectiveness  of  the  Registration  Statement at the earliest
possible  moment;

          (j)     Otherwise  use  its  commercially  reasonable  best efforts to
comply  with all applicable rules and regulations of the SEC, and make available
to  its  security  holders,  as  soon  as  reasonably  practicable,  an earnings
statement  covering  the  period  of  at  least  12 months, but not more than 18
months, beginning with the first full calendar month after the effective date of
the  Registration  Statement,  which  earnings  statement  shall  satisfy  the
provisions  of  Section  11(a)  of  the  Securities Act and Rule 158 thereunder;

          (k)     Enter  into  such  agreements  and  take such other actions as
Frost  shall reasonably request in writing (at the expense of Frost) in order to
expedite  or  facilitate  the  disposition  of  the  Registrable  Shares;  and

          (l)     Use  its  commercially  reasonable best efforts to list all of
the  Registrable  Shares covered by the Registration Statement on any securities
exchange  on  which  any  of  the  Registrable  Shares  are  then  listed.

     Charys may require Frost to furnish Charys such information regarding Frost
and  the  distribution  of  such  securities  as  Charys  may  from time to time
reasonably  request  in  writing.

     3.2     Charys  will  not  file  any  Registration  Statement  pursuant  to
Paragraph  1.2  hereof, or amendment thereto or any prospectus or any supplement
thereto  to  which  Frost shall reasonably object, provided that Charys may file
such  documents  in  a  form  required by law or upon the advice of its counsel.

     3.3     Charys  represents  and  warrants to Frost that it has obtained all
necessary  waivers,  consents  and  authorizations  necessary  to  execute  this
Agreement  and  consummate  the  transactions  contemplated  hereby.

     3.4     Frost  agrees  that,  upon receipt of any notice from Charys of the
occurrence  of  any  event of the kind described in subdivision (h) of Paragraph
3.1  hereof, Frost will forthwith discontinue its disposition of the Registrable
Shares pursuant to the Registration Statement relating to the Registrable Shares
until  Frost's  receipt  of the copies of the supplemented or amended prospectus
contemplated  by subdivision (h) of Paragraph 3.1 and, if so directed by Charys,
will  deliver  to  Charys  (at Charys' expense) all copies, other than permanent
file  copies,  then  in  Frost's  possession  of  the prospectus relating to the
Registrable  Shares  current  at  the  time  of  receipt  of  such  notice.

                                        5
<PAGE>
                                   ARTICLE IV
                             UNDERWRITTEN OFFERINGS

     4.1     Underwritten  Offerings. If Charys at any time proposes to register
             ------------------------
any  of its securities under the Securities Act as contemplated by Paragraph 2.1
hereof  and  such  securities  are  to  be distributed by or through one or more
underwriters, and if requested by Frost as provided in Paragraph 2.1 and subject
to the provisions of Paragraph 2.2, or if requested by Frost for the disposition
of Registrable Shares under Article I hereof in an underwritten offering, Charys
will use its commercially reasonable best efforts to arrange for underwriters to
distribute  all  of  the  Registrable  Shares  to  be offered and sold by Frost.

     4.2     Holdback Agreements.  Subject to such other reasonable requirements
             --------------------
as  may  be  imposed  by  the  underwriter  as  a  condition of inclusion of the
Registrable  Shares in an underwritten offering, Frost agrees, if so required by
the  managing  underwriter, not to sell, make any short sale of, loan, grant any
option  for  the  purchase  of,  effect  any  public  sale or distribution of or
otherwise  dispose  of, except as part of such underwritten offering, any equity
securities  of  Charys,  during  such reasonable period of time requested by the
underwriter;  provided  however:

          (a)     If  the  offering  is  a  secondary  offering  by  Charys, the
offering  is  intended to raise a minimum of $2,000,000 on behalf of Charys; and

          (b)     Such  period  shall  not  exceed  90  days commencing with the
completion  of  the  underwritten  offering.

     Charys  agrees  and acknowledges that during any holdback period, Frost may
sell,  in the holdback period, the Registrable Shares in the amount of up to one
percent  per week of the shares of the Charys Common Stock held by Frost as long
as  this  Agreement  remains  effective.

     4.3     Participation  in  Underwritten  Offerings.   Frost  may  not
             -------------------------------------------
participate in any underwritten offering under Paragraph 2.1 unless Frost:

          (a)     Agrees to sell its Registrable Shares on the basis provided in
any  underwriting  arrangements  approved  by  Frost;  and

          (b)     Completes  and  executes  all  questionnaires,  indemnities,
underwriting  agreements  and  other  documents  (other than powers of attorney)
required  under  the  terms  of  such  underwriting  arrangements.

     Notwithstanding  the  foregoing,  no  underwriting  agreement  (or  other
agreement  in  connection  with  such  offering)  shall  require Frost to make a
representation  or  warranty  to  or  agreements with Charys or the underwriters
other  than  representations  and warranties contained in a writing furnished by
Frost  expressly  for  use  in  the  related  Registration  Statement  or
representations,  warranties  or  agreements  regarding  Frost,  its Registrable
Shares,  and  its  intended  method of distribution and any other representation
required  by  law.

     4.4     Preparation;  Reasonable  Investigation.   In  connection  with the
             ----------------------------------------
preparation  and  filing of each Registration Statement under the Securities Act
pursuant  to  this  Agreement,  Charys  will  give  Frost,  and  its counsel and
accountants,  the  opportunity  to  participate  in  the  preparation  of  the
Registration  Statement, each prospectus included therein or filed with the SEC,
and  each  amendment  thereof  or supplement thereto, and will give each of them
such  access  to  its  books  and  records and such opportunities to discuss the
business  of Charys with its officers and the independent public accountants who
have certified its financial statements as shall be necessary, in the reasonable
opinion  of  Frost and its counsel, to conduct a reasonable investigation within
the  meaning  of  the  Securities  Act.

                                    ARTICLE V
                                 INDEMNIFICATION

     5.1     Indemnification  by Charys. In the event of any registration of any
             ---------------------------
securities  of  Charys  under  the  Securities Act, Charys will, and hereby does
agree  to  indemnify  and  hold  harmless  Frost,  its  directors  and officers,

                                        6
<PAGE>
each  other person who participates as an underwriter in the offering or sale of
such  securities  and  each other person, if any, who controls Frost or any such
underwriter within the meaning of the Securities Act against any losses, claims,
damages or liabilities, joint or several, to which Frost or any such director or
officer  or  underwriter  or  controlling  person  may  become subject under the
Securities  Act  or  otherwise,  insofar  as  such  losses,  claims,  damages or
liabilities  (or  actions  or  proceedings,  whether commenced or threatened, in
respect  thereof) arise out of or are based upon any untrue statement or alleged
untrue  statement  of  any material fact contained in any Registration Statement
under  which  such  securities  were  registered  under  the Securities Act, any
preliminary  prospectus,  final  prospectus  or  summary  prospectus  contained
therein,  or  any  amendment  or  supplement thereto, or any omission or alleged
omission  to  state  therein  a  material  fact required to be stated therein or
necessary  to  make  the  statements  therein  not  misleading,  and Charys will
reimburse  Frost  and  each  such director, officer, underwriter and controlling
person  for  any  legal  or  any  other  expenses reasonably incurred by them in
connection  with  investigating  or  defending  any such loss, claim, liability,
action  or proceeding, provided that Charys shall not be liable in any such case
to  the  extent  that  any  such  loss,  claim, damage, liability, (or action or
proceeding  in  respect  thereof)  or  expense arises out of or is based upon an
untrue  statement  or  alleged  untrue statement or omission or alleged omission
made  in  the  Registration  Statement,  any  such preliminary prospectus, final
prospectus,  summary prospectus, amendment or supplement in reliance upon and in
conformity  with written information furnished to Charys by Frost or underwriter
stating that it is for use in the preparation thereof and, provided further that
Charys  shall  not be liable to any person who participates as an underwriter in
the  offering  or sale of Registrable Shares or to any other person, if any, who
controls  such underwriter within the meaning of the Securities Act, in any such
case  to  the  extent that any such loss, claim, damage, liability (or action or
proceeding in respect thereof) or expense arises out of such person's failure to
send  or  give  a  copy  of  the  final  prospectus,  as  the  same  may be then
supplemented  or  amended, within the time required by the Securities Act to the
person  asserting  the  existence  of  an  untrue  statement  or  alleged untrue
statement  or  omission  or  alleged  omission  at  or  prior  to  the  written
confirmation  of  the  sale  of  the  Registrable  Shares to such person if such
statement  or omission was corrected in such final prospectus or an amendment or
supplement  thereto.  Such  indemnity  shall  remain  in  full  force and effect
regardless  of  any  investigation  made  by  or  on behalf of Frost or any such
director,  officer,  underwriter  or  controlling  person  and shall survive the
transfer  of  such  securities  by  Frost.

     5.2     Indemnification  by  Frost.  Charys  may require, as a condition to
             ---------------------------
including  any  of  the  Registrable  Shares in any Registration Statement filed
pursuant  to  this  Agreement,  that  Charys  shall have received an undertaking
satisfactory  to  it  from  Frost,  to  indemnify and hold harmless (in the same
manner and to the same extent as set forth in Paragraph 5.1 hereof) Charys, each
director  of  Charys,  each officer of Charys and each other person, if any, who
controls  Charys  within  the meaning of the Securities Act, with respect to any
statement  or  alleged  statement  in  or  omission or alleged omission from the
Registration  Statement, any preliminary prospectus, final prospectus or summary
prospectus  contained  therein,  or any amendment or supplement thereto, if such
statement  or  alleged  statement  or  omission  or alleged omission was made in
reliance  upon  and  in  conformity with written information furnished to Charys
through an instrument duly executed by Frost specifically stating that it is for
use  in  the  preparation of the Registration Statement, preliminary prospectus,
final  prospectus,  summary  prospectus,  amendment  or  supplement.  Any  such
indemnity shall remain in full force and effect, regardless of any investigation
made  by  or  on  behalf  of Charys or any such director, officer or controlling
person  and  shall  survive  the  transfer  of  such  securities  by  Frost.

     5.3     Notices of Claims, etc.    Promptly after receipt by an indemnified
             -----------------------
party  of  notice  of  the  commencement of any action or proceeding involving a
claim  referred  to  in Paragraph 5.1 and Paragraph 5.2 hereof, such indemnified
party  will,  if  claim in respect thereof is to be made against an indemnifying
party,  give  written  notice  to the latter of the commencement of such action,
provided  that  the  failure of any indemnified party to give notice as provided
herein  shall  not  relieve  the  indemnifying  party  of  its obligations under
Paragraph  5.1  and  Paragraph  5.2  hereof,  except  to  the  extent  that  the
indemnifying  party  is  actually  prejudiced by such failure to give notice. In
case  any  such  action  is brought against an indemnified party, unless in such
indemnified  party's  reasonable  judgment  a  conflict of interest between such
indemnified  and  indemnifying  parties  may exist in respect of such claim, the
indemnifying party shall be entitled to participate in and to assume the defense
thereof,  jointly  with  any other indemnifying party similarly notified, to the
extent  that  the  indemnifying  party  may  wish,  with  counsel  reasonably
satisfactory  to  such indemnified party, and after notice from the indemnifying
party  to  such  indemnified  party  of  its  election  so to assume the defense
thereof,  the  indemnifying  party shall not be liable to such indemnified party
for  any  legal  or  other  expenses  subsequently  incurred  by  the  latter in
connection  with  the  defense  thereof  other  than  reasonable  costs  of
investigation.  No  indemnifying  party  shall,  without  the  consent  of  the

                                        7
<PAGE>
indemnified party, consent to entry of any judgment or enter into any settlement
of  any  such action which does not include as an unconditional term thereof the
giving  by the claimant or plaintiff to such indemnified party of a release from
all liability, or a covenant not to sue, in respect to such claim or litigation.
No  indemnified  party  shall consent to entry of any judgment or enter into any
settlement  of  any  such  action  the  defense  of which has been assumed by an
indemnifying party without the consent of such indemnifying party.

     5.4     Other  Indemnification.  Indemnification  similar to that specified
             -----------------------
in Paragraph 5.1 and Paragraph 5.2 hereof (with appropriate modifications) shall
be given by Charys and Frost (but only if and to the extent required pursuant to
the  terms  herein)  with  respect  to  any  required  registration  or  other
qualification  of securities under any federal or state law or regulation of any
governmental  authority,  other  than  the  Securities  Act.

     5.5     Indemnification  Payments.   The  indemnification  required  by
             --------------------------
Paragraph 5.1 and Paragraph 5.2 hereof shall be made by periodic payments of the
amount  thereof  during  the course of the investigation or defense, as and when
bills are received or expense, loss, damage or liability is incurred.

     5.6     Contribution.   If  the  indemnification  provided for in Paragraph
             -------------
5.1  and  Paragraph 5.2 hereof is unavailable to an indemnified party in respect
of  any expense, loss, claim, damage or liability referred to therein, then each
indemnifying  party,  in  lieu  of  indemnifying  such  indemnified party, shall
contribute  to  the amount paid or payable by such indemnified party as a result
of  such  expense,  loss,  claim,  damage  or  liability:

          (a)     In  such  proportion as is appropriate to reflect the relative
benefits received by Charys on the one hand and Frost or the underwriter, as the
case  may  be,  on the other from the distribution of the Registrable Shares; or

          (b)     If  the  allocation  provided  by  clause  (a)  above  is  not
permitted by applicable law, in such proportion as is appropriate to reflect not
only the relative benefits referred to in clause (a) above but also the relative
fault of Charys on the one hand and of Frost or the underwriter, as the case may
be,  on  the other in connection with the statements or omissions which resulted
in  such  expense,  loss,  damage  or  liability,  as well as any other relevant
equitable  considerations.

     The  relative  benefits received by Charys on the one hand and Frost or the
underwriter,  as  the  case  may  be,  on  the  other  in  connection  with  the
distribution  of  the  Registrable  Shares  shall  be  deemed  to be in the same
proportion as the total net proceeds received by Charys from the initial sale of
the  Registrable  Shares  by  Charys to the purchasers bear to the gain, if any,
realized by Frost, or the underwriting discounts and commissions received by the
underwriter,  as  the  case may be. The relative fault of Charys on the one hand
and  of  Frost  or  the  underwriter, as the case may be, on the other, shall be
determined  by  reference  to, among other things, whether the untrue or alleged
untrue statement of a material fact or omission to state a material fact relates
to  information  supplied  by  Charys,  by  Frost  or by the underwriter and the
parties'  relative  intent,  knowledge, access to information and opportunity to
correct  or  prevent  such  statement  or  omission, provided that the foregoing
contribution  agreement  shall not inure to the benefit of any indemnified party
if  indemnification  would be unavailable to such indemnified party by reason of
the  provisions  contained  herein,  and in no event shall the obligation of any
indemnifying party to contribute under this Paragraph 5.6 exceed the amount that
such  indemnifying  party  would  have  been  obligated  to  pay  by  way  of
indemnification if the indemnification provided for hereunder had been available
under  the  circumstances.

     Charys  and  Frost  agree  that  it  would  not  be  just  and equitable if
contribution  pursuant  to  this  Paragraph  5.6  were  determined  by  pro rata
allocation  (even  if  Frost and any underwriters were treated as one entity for
such purpose) or by any other method of allocation that does not take account of
the equitable considerations referred to in the immediately preceding paragraph.
The  amount  paid  or payable by an indemnified party as a result of the losses,
claims,  damages  and  liabilities  referred  to  in  the  immediately preceding
paragraph  shall  be  deemed  to  include,  subject to the limitations set forth
herein,  any  legal  or  other  expenses reasonably incurred by such indemnified
party in connection with investigating or defending any such action or claim.

     Notwithstanding  the  provisions  of  this  Paragraph  5.6,  Frost  and any
underwriter  shall  not  be  required  to contribute any amount in excess of the
amount  by  which  (i)  in the case of Frost, the net proceeds received by Frost
from  the sale of the Registrable Shares, or (ii) in the case of an underwriter,
the  total price at which the Registrable Shares purchased by it and distributed
to  the  public were offered to the public exceeds, in any such case, the amount

                                        8
<PAGE>
of  any damages that Frost or the underwriter has otherwise been required to pay
by  reason  of  such  untrue  or alleged untrue statement or omission. No person
guilty  of  fraudulent misrepresentation (within the meaning of Section 11(f) of
the  Securities  Act)  shall be entitled to contribution from any person who was
not  guilty  of  such  fraudulent  misrepresentation,

                                   ARTICLE VI
                                    RULE 144

     6.1    Rule 144.  Charys shall timely file the reports required to be filed
            --------
by  it  under  the  Securities  Act  and the Securities Exchange Act of 1934, as
amended  (the  "Exchange  Act"),  including but not limited to the reports under
Sections  13  and  15(d)  of the Exchange Act referred to in subparagraph (c) of
Rule  144  adopted  by  the  SEC  under  the  Securities  Act, and the rules and
regulations adopted by the SEC thereunder (or, if Charys is not required to file
such  reports,  will,  upon  the request of Frost, make publicly available other
information)  and will take such further action as Frost may reasonably request,
all  to  the  extent  required  from  time  to  time to enable Frost to sell the
Registrable  Shares  without  registration  under  the Securities Act within the
limitation  of  the  exemptions provided by (a) Rule 144, as amended, or (b) any
similar  rule  or  regulation  hereafter adopted by the SEC. Upon the request of
Frost,  Charys  will  deliver  to Frost a written statement as to whether it has
complied  with  the  requirements  of  this  Paragraph  6.1.

                                   ARTICLE VII
                                  MISCELLANEOUS

     7.1     Amendments  and  Waivers.  This Agreement may be amended and Charys
             -------------------------
may  take  any  action  herein  prohibited,  or  omit  to perform any act herein
required  to  be performed by it, only if Charys shall have obtained the written
consent to such amendment, action or omission to act, of Frost.

     7.2     Nominees  for  Beneficial  Owners.   In  the  event that any of the
             ----------------------------------
Registrable  Shares  are held by a nominee for the beneficial owner thereof, the
beneficial  owner  thereof may, at its election, be treated as the holder of the
Registrable  Shares for purposes of any request or other action by any holder or
holders of Registrable Shares pursuant to this Agreement or any determination of
any  number  or  percentage  of shares of Registrable Shares held by a holder or
holders  of Registrable Shares contemplated by this Agreement. If the beneficial
owner  of  any  Registrable  Shares  so  elects,  Charys  may require assurances
reasonably  satisfactory  to  it  of  such  owner's  beneficial ownership of the
Registrable  Shares.

     7.3     Notices.    Except  as  otherwise  provided  in this Agreement, all
             -------
notices,  requests and other communications to any person provided for hereunder
shall  be  in  writing  and  shall  be  given  to  such  person:

          (a)     In  the  case  of  a  party  hereto other than Charys, at such
address as such party shall have furnished to Charys in writing; or

          (b)     In  the  case  of Charys, at 1117 Perimeter Center West, Suite
N415,  Atlanta,  Georgia  30338,  to  the attention of its President, or at such
other  address,  or to the attention of such other officer, as Charys shall have
furnished  to  Frost.

     Each  such notice, request or other communication shall be effective (i) if
given  by  mail, 72 hours after such communication is deposited in the mail with
first  class  postage  prepaid,  addressed  as aforesaid or (ii) if given by any
other  means  (including,  without  limitation,  by  fax  or  air courier), when
delivered at the address specified above, provided that any such notice, request
or  communication  shall  not  be  effective  until  received.

     7.4     Assignment.  This  Agreement shall be binding upon and inure to the
             ----------
benefit of and be enforceable by the parties hereto. In addition, and whether or
not  any  express  assignment  shall  have  been  made,  the  provisions of this
Agreement  which  are  for  the  benefit of the parties hereto other than Charys
shall also be for the benefit of and enforceable by any subsequent holder of any
of  the  Registrable  Shares,  and  the  term "Frost" in this Agreement shall be
deemed  to  include  such  other holder of Registrable Shares; provided that any
such  transferee  of  Registrable  Shares  assumes  in  writing  the  respective
obligations  of  Frost  under  this  Agreement.

                                        9
<PAGE>
     7.5     Descriptive  Headings.   The  descriptive  headings  of the several
             ---------------------
sections  and  paragraphs  of this Agreement are inserted for reference only and
shall  not  limit  or  otherwise  affect  the  meaning  hereof.

     7.6     Governing Law.   This Agreement shall be governed by, and construed
             -------------
in  accordance  with,  the  laws of the State of Texas, without giving effect to
applicable  principles  of  conflicts  of  law.

     7.7     Jurisdiction.  This  Agreement shall be exclusively governed by and
             ------------
construed  in  accordance  with the laws of the State of Texas. If any action is
brought among the parties with respect to this Agreement or otherwise, by way of
a  claim  or counterclaim, the parties agree that in any such action, and on all
issues,  the parties irrevocably waive their right to a trial by jury. Exclusive
jurisdiction  and  venue for any such action shall be the State Courts of Texas.
In  the  event  suit  or  action is brought by any party under this Agreement to
enforce  any  of  its  terms,  or in any appeal therefrom, it is agreed that the
prevailing  party  shall be entitled to reasonable attorneys fees to be fixed by
the  arbitrator,  trial  court,  and/or  appellate  court.

     7.8     Entire  Agreement.   This  Agreement  embodies the entire agreement
             -----------------
and understanding between Charys and Frost relating to the subject matter hereof
and  supersedes all prior agreements and understandings relating to such subject
matter.

     7.9     Severability.   If  any  provision  of  this  Agreement,  or  the
             ------------
application  of  such  provisions  to  any person or circumstance, shall be held
invalid,  the  remainder of this Agreement, or the application of such provision
to  persons or circumstances other than those to which it is held invalid, shall
not  be  affected  thereby.

     7.10     Binding  Effect.  All  the  terms and provisions of this Agreement
              ---------------
shall  be  binding  upon,  inure  to  the  benefit of, and be enforceable by the
parties  and  their respective administrators, executors, legal representatives,
heirs,  successors  and  assignees.

     7.11     Preparation  of  Agreement.  This Agreement shall not be construed
              --------------------------
more  strongly  against  any  party  regardless  of  who  is responsible for its
preparation.   The  parties  acknowledge  each  contributed  and  is  equally
responsible  for  its  preparation.

     7.12     Failure or Indulgence Not Waiver; Remedies Cumulative.  No failure
              -----------------------------------------------------
or  delay on the part of any party hereto in the exercise of any right hereunder
shall  impair  such right or be construed to be a waiver of, or acquiescence in,
any  breach  of  any representation, warranty, covenant or agreement herein, nor
shall any single or partial exercise of any such right preclude other or further
exercise thereof or of any other right.   All rights and remedies existing under
this  Agreement  are cumulative to, and not exclusive of, any rights or remedies
otherwise  available.

     7.13     Counterparts.  This  Agreement  may  be  executed  in  one or more
              ------------
counterparts, and by the different parties hereto in separate counterparts, each
of which when executed shall be deemed to be an original, but all of which taken
together  shall  constitute one and the same agreement. A facsimile transmission
of this signed Agreement shall be legal and binding on all parties hereto.

                                       10
<PAGE>
     IN WITNESS WHEREOF, Frost and Charys have executed this Agreement as of the
date  first  written  above.

                                        CHARYS HOLDING COMPANY, INC.

                                        By
                                          --------------------------------------
                                          Billy V. Ray, Jr., President

                                        THE FROST NATIONAL BANK

                                        By
                                          --------------------------------------
                                                       , Vice President
                                          -------------

Attachment:
-----------
Attachment A   Certificate  of  Designation  of  the Charys Series B Convertible
               Preferred Stock

                                       11
<PAGE>
              CERTIFICATE OF DESIGNATION, PREFERENCES AND RIGHTS OF
                     SERIES B CONVERTIBLE PREFERRED STOCK OF
                          CHARYS HOLDING COMPANY, INC.

     I,  Billy  V.  Ray,  Jr.,  President  of  Charys  Holding  Company, Inc., a
corporation  organized and existing under the laws of the State of Delaware (the
"Company"),  in  accordance  with  the provisions of Section 151 of the Delaware
General  Corporation  Law,  DO  HEREBY  CERTIFY:

     That pursuant to the authority conferred upon the Board of Directors of the
Company  (the  "Board")  by the Certificate of Incorporation of the Company, the
Board on April 28th, 2005, adopted the following resolution creating a series of
400,000  preferred  shares  of  the  par value of $0.001 per share designated as
"Series  B  Convertible  Preferred  Stock":

     RESOLVED, that pursuant to the authority granted to and vested in the Board
in  accordance  with  the  provisions of the Certificate of Incorporation of the
Company,  a  series  of  preferred  stock  of  the Company be, and it hereby is,
created, and that the designation and amount thereof and the relative rights and
preferences  of  the  shares  of  such  series, called the "Series B Convertible
Preferred  Stock,"  are  as  follows:

     1.     Dividends.   Notwithstanding  anything  herein  to the contrary, and
            ---------
except  as  may  otherwise  be  provided  in  Paragraph 7 hereof, the holders of
outstanding  shares  of  the  Series  B Convertible Preferred Stock shall not be
entitled  to  receive  any  dividends,  whether in form of cash, stock, or other
property.

     2.     Redemption  Rights. Notwithstanding anything herein to the contrary,
            ------------------
the  Company  shall  not  be  entitled  to  redeem  the whole or any part of the
outstanding  Series  B  Convertible  Preferred  Stock.

     3.     Liquidation  Rights.   Upon  the dissolution, liquidation or winding
            -------------------
up  of  the  Company,  whether voluntary or involuntary, the holders of the then
outstanding  shares of Series B Convertible Preferred Stock shall be entitled to
receive  out  of  the  assets  of  the  Company the sum of $0.001 per share (the
"Liquidation  Rate")  before any payment or distribution shall be made on shares
of  the  common  stock  of  the Company, par value $0.001 per share (the "Common
Stock"),  or  any  other class of capital stock of the Company ranking junior to
the  Series  B  Convertible  Preferred  Stock.

          (a)     The  sale,  conveyance, exchange or transfer (for cash, shares
of  stock,  securities  or  other consideration) of all or substantially all the
property and assets of the Company shall be deemed a dissolution, liquidation or
winding  up  of  the Company for purposes of this Paragraph 3, but the merger or
consolidation  of  the Company into or with any other corporation, or the merger
or consolidation of any other corporation into or with the Company, shall not be
deemed  a  dissolution, liquidation or winding up, voluntary or involuntary, for
purposes  of  this  Paragraph  3.

          (b)     After  the  payment  to  the holders of shares of the Series B
Convertible  Preferred  Stock  of  the  full  preferential amounts fixed by this
Paragraph  3 for shares of the Series B Convertible Preferred Stock, the holders
of the Series B Convertible Preferred Stock as such shall have no right or claim
to  any  of  the  remaining  assets  of  the  Company.

          (c)     In  the  event  the  assets  of  the  Company  available  for
distribution  to  the  holders  of the Series B Convertible Preferred Stock upon
dissolution,  liquidation  or winding up of the Company shall be insufficient to
pay  in  full  all  amounts  to which such holders are entitled pursuant to this
Paragraph  3,  no distribution shall be made on account of any shares of a class
or series of capital stock of the Company ranking on a parity with the shares of
the  Series  B  Convertible  Preferred  Stock,  if  any,  upon such dissolution,
liquidation  or  winding  up  unless proportionate distributive amounts shall be
paid  on  account  of  the  shares  of the Series B Convertible Preferred Stock,
ratably, in proportion to the full distributive amounts for which holders of all
such  parity shares are respectively entitled upon such dissolution, liquidation
or  winding  up.

                                        1
<PAGE>
     4.     Conversion  of  Series B Convertible Preferred Stock.   At any time,
            ----------------------------------------------------
the  holder of shares of the Series B Convertible Preferred Stock shall have the
right,  at such holder's option, to convert any number of shares of the Series B
Convertible  Preferred  Stock  into  shares  of  the Common Stock. Such right to
convert  shall  commence  as  of the date the shares of the Series B Convertible
Preferred  Stock are issued to such holder (the "Issue Date") and shall continue
thereafter for a period of 10 years, such period ending on the tenth anniversary
of  the  Issue  Date.  In  the event that the holder of the Series B Convertible
Preferred  Stock  elects  to  convert  such shares into Common Stock, the holder
shall deliver to the Company a Conversion Notice in the form of Attachment A and
shall have 60 days from the date of such notice in which to tender the shares of
Series  B  Convertible  Preferred Stock being converted to the Company. Any such
conversion  shall  be  upon  the  other  following  terms  and  conditions:

          (a)     Conversion  Rate.   Subject  to adjustment as provided herein,
                  ----------------
each share of the Series B Convertible Preferred Stock shall be convertible into
one  fully  paid  and  nonassessable  share of the Common Stock (the "Conversion
Rate").

          (b)     Adjustment  of  Conversion Rate for Dilution and Other Events.
                  -------------------------------------------------------------
In  order  to prevent dilution of the rights granted to the holders of shares of
the Series B Convertible Preferred Stock, the Conversion Rate will be subject to
adjustment  from  time  to  time  as  follows:

               (i)     Adjustment  of  Conversion  Rate  upon  Subdivision  or
                       -------------------------------------------------------
Combination  of  the Common Stock. If the Company at any time subdivides (by any
---------------------------------
stock  split,  stock  dividend,  recapitalization  or  otherwise) the issued and
outstanding  or  authorized  Common  Stock  into a greater number of shares, the
Conversion  Rate  in  effect  immediately  prior  to  such  subdivision  will be
proportionately  increased. If the Company at any time combines (by combination,
reverse  stock  split  or  otherwise)  the  issued and outstanding or authorized
Common  Stock  into  a  smaller  number of shares, the Conversion Rate in effect
immediately prior to such combination will be proportionately decreased.

               (ii)     Reorganization, Reclassification, Consolidation, Merger,
                        --------------------------------------------------------
or  Sale.  Any dividend or distribution payable or to be made in Common Stock or
--------
other  shares  of  stock of the Company or any recapitalization, reorganization,
reclassification,  consolidation,  merger, or other similar transaction which is
effected  in such a way that holders of the Common Stock are entitled to receive
(either  directly  or  upon  subsequent liquidation) stock, securities or assets
with  respect to or in exchange for the Common Stock is referred to herein as an
"Organic  Change."  Prior to the consummation of any Organic Change, the Company
will  make  appropriate  provision,  in  form  and substance satisfactory to the
holders  of  a  majority  of  the outstanding shares of the Series B Convertible
Preferred  Stock,  to  ensure that each of the holders of shares of the Series B
Convertible  Preferred  Stock  will  thereafter  have  the  right to acquire and
receive  in  lieu  of  or  in addition to, as the case may be, the shares of the
Common  Stock  immediately  theretofore  acquirable  and  receivable  upon  the
conversion of such holder's Series B Convertible Preferred Stock, such shares of
stock,  securities  or  assets as may be issued or payable with respect to or in
exchange  for  the  number of shares of the Common Stock immediately theretofore
acquirable  and  receivable  upon  the conversion of such holder's shares of the
Series B Convertible Preferred Stock had such Organic Change not taken place. In
any  such  case,  the  Company  will  make  appropriate  provision,  in form and
substance satisfactory to the holders of a majority of the outstanding shares of
the  Series  B Convertible Preferred Stock, with respect to such holders' rights
and interests to ensure that the provisions of this paragraph and paragraph 4(c)
below will thereafter be applicable to the Series B Convertible Preferred Stock.
The  Company  will  not effect any such consolidation or merger, unless prior to
the  consummation thereof the successor entity resulting from such consolidation
or  merger,  if  other than the Company, assumes, by written instrument, in form
and  substance  satisfactory  to  the  holders  of a majority of the outstanding
shares of the Series B Convertible Preferred Stock, the obligation to deliver to
each holder of shares of the Series B Convertible Preferred Stock such shares of
stock,  securities  or  assets  as, in accordance with the foregoing provisions,
that  such  holder  may  be  entitled  to  acquire.

               (iii)     Notices.  Immediately  upon  any  adjustment  of  the
                         -------
Conversion Rate, the Company will give written notice of such adjustment to each
holder  of  shares of the Series B Convertible Preferred Stock, setting forth in
reasonable detail and certifying the calculation of such adjustment. The Company
will  give  written  notice to each holder of shares of the Series B Convertible
Preferred  Stock  at least 20 days prior to the date on which the Company closes
its  books  or  takes a record with respect to any dividend or distribution upon
the  Common Stock, or with respect to any pro rata subscription offer to holders
of  the  Common  Stock.  The  Company

                                        2
<PAGE>
will  also  give  written  notice  to  each  holder  of  shares  of the Series B
Convertible  Preferred  Stock  at  least  20 days prior to the date on which any
Organic  Change,  dissolution  or  liquidation  will  take  place.

          (c)     Purchase Rights.  If at any time the Company grants, issues or
                  ---------------
sells any options, convertible securities or rights to purchase stock, warrants,
securities  or other property pro rata to the record holders of the Common Stock
(the  "Purchase Rights"), then each holder of shares of the Series B Convertible
Preferred  Stock  will be entitled to acquire, upon the terms applicable to such
Purchase  Rights,  the  aggregate  Purchase  Rights which such holder could have
acquired  if  such  holder  had  held  the  number of shares of the Common Stock
acquirable  upon  complete  conversion  of  the  holder's shares of the Series B
Convertible  Preferred  Stock  immediately  before the date on which a record is
taken  for  the  grant, issuance or sale of such Purchase Rights, or, if no such
record is taken, the date as of which the record holders of the Common Stock are
to  be  determined  for  the  grant,  issue  or  sale  of  such Purchase Rights.

          (d)     Mechanics  of  Conversion.  To  convert shares of the Series B
                  -------------------------
Convertible  Preferred  Stock  into  full shares of the Common Stock on any date
(the  "Conversion  Date"),  the  holder thereof shall (i) deliver or transmit by
facsimile  to  the Company, for receipt on or prior to 11:59 p.m., Eastern Time,
on  the  Conversion Date, a copy of a fully executed notice of conversion in the
form  attached  hereto  as  Attachment  A  (the  "Conversion  Notice"), and (ii)
                            -------------
surrender to a common carrier for delivery to the Company as soon as practicable
following  such  date,  the  certificates (each a "Preferred Stock Certificate")
representing  the  shares  of  the  Series  B  Convertible Preferred Stock being
converted,  or an indemnification undertaking with respect to such shares in the
case  of  the  loss,  theft  or destruction thereof, and the originally executed
Conversion  Notice.  Upon  receipt  by  the  Company  of  a  facsimile copy of a
Conversion  Notice,  the  Company  shall  immediately  send,  via  facsimile,  a
confirmation  of receipt of such Conversion Notice to such holder.   Within five
business  days  of  the  Company's receipt of the originally executed Conversion
Notice  and the holder's Preferred Stock Certificate(s), the Company shall issue
and  surrender  to  a  common  carrier  for overnight delivery to the address as
specified in the Conversion Notice, a certificate, registered in the name of the
holder  or  its  designee, for the number of shares of the Common Stock to which
the  holder  is  entitled.

          (e)     Record  Holder.  The  person  or  persons  entitled to receive
                  --------------
shares  of  the  Common Stock issuable upon conversion of shares of the Series B
Convertible  Preferred  Stock  shall  be  treated for all purposes as the record
holder  or  holders  of  such shares of the Common Stock on the Conversion Date.

          (f)     Fractional  Shares. The Company shall not be required to issue
                  ------------------
any fraction of a share of the Common Stock upon any conversion.   All shares of
the  Common Stock, including fractions thereof, issuable upon conversion of more
than  one  share of the Series B Convertible Preferred Stock shall be aggregated
for  purposes of determining whether the conversion would result in the issuance
of  a  fraction  of a share of the Common Stock. If, after such aggregation, the
issuance  would  result  in the issuance of a fraction of it share of the Common
Stock,  the  Company shall round such fraction of a share of the Common Stock up
or  down  to  the  nearest  whole  share.

          (g)     Reissuance  of  Certificates.  In the event of a conversion of
                  ----------------------------
less  than  all  of  the  shares  of  the  Series  B Convertible Preferred Stock
represented  by  a  particular  Preferred  Stock  Certificate, the Company shall
promptly  cause  to  be  issued  and  delivered  to  the holder of such Series B
Convertible  Preferred  Stock  a  new  Series  B  Convertible  Preferred  Stock
Certificate  representing  the  remaining  shares  of  the  Series B Convertible
Preferred  Stock  which  were  not  corrected.

     5.     Reservation  of  Shares.    The Company shall, so long as any of the
            ------------------------
shares  of the Series B Convertible Preferred Stock are outstanding, reserve and
keep  available  out  of its authorized and unissued shares of the Common Stock,
solely for the purpose of effecting the conversion of the shares of the Series B
Convertible  Preferred  Stock, the number of shares of the Common Stock as shall
from  time  to  time  be  sufficient  to  effect  the  conversion  of all of the
outstanding shares of the Series B Convertible Preferred Stock.

     6.     Seniority.  The  shares  of the Series B Convertible Preferred Stock
            ----------
shall  rank  superior  to  the  shares of the Company's Common Stock, and to the
shares of all other series of the Company's preferred stock.   The rights of the
shares of the Common Stock and all other series of the Company's preferred stock
shall  be  subject  to  the preferences and relative rights of the shares of the
Series  B  Convertible  Preferred  Stock.   Without  the  prior

                                        3
<PAGE>
written  consent  of  the  holders  of  not  less  than  two-thirds (2/3) of the
outstanding  shares  of  the  Series  B Convertible Preferred Stock, the Company
shall not hereafter authorize or issue additional or other capital stock that is
of  senior  or  equal  rank  to the shares of the Series B Convertible Preferred
Stock  in  respect  of the preferences as to distributions and payments upon the
liquidation,  dissolution and winding up of the Company described in Paragraph 3
above.

     7.     Restriction  on Dividends. If any shares of the Series B Convertible
            -------------------------
Preferred  Stock  are  outstanding,  the  Company  shall  not, without the prior
written  consent  of  the  holders of not less than two-thirds (2/3) of the then
outstanding  shares  of  the  Series  B Convertible Preferred Stock, directly or
indirectly declare, pay or make any dividends or other distributions upon any of
the  Common  Stock  or  any  other  series  of  the  Company's  preferred stock.
Notwithstanding  the  foregoing,  this  paragraph shall not prohibit the Company
from  declaring  and paying a dividend in cash with respect to the shares of the
Common Stock or any other series of the Company's preferred stock so long as the
Company  simultaneously  pays  each holder of shares of the Series B Convertible
Preferred  Stock  an  amount  in cash equal to the amount such holder would have
received  had  all of such holder's shares of the Series B Convertible Preferred
Stock  been converted to shares of the Common Stock on the business day prior to
the  record  date  for  any  such  dividend.

     8.     Vote  to  Change  the  Terms  of  the Series B Convertible Preferred
            --------------------------------------------------------------------
Stock.  Without  the  prior  written  consent  of  the  holders of not less than
-----
two-thirds (2/3) of the outstanding shares of the Series B Convertible Preferred
Stock,  the  Company shall not amend, alter, change or repeal any of the powers,
designations,  preferences  and  rights  of  the  Series B Convertible Preferred
Stock.

     9.     Lost  or  Stolen  Certificates.    Upon  receipt  by  the Company of
            ------------------------------
evidence  satisfactory  to  the  Company  of  the  loss,  theft,  destruction or
mutilation of any Preferred Stock Certificates representing shares of the Series
B  Convertible  Preferred Stock, and, in the case of loss, theft or destruction,
of  any indemnification undertaking or bond, in the Company's discretion, by the
holder  to  the  Company  and,  in  the  case  of mutilation, upon surrender and
cancellation  of  the  Preferred Stock certificate(s), the Company shall execute
and  deliver  new  Series  B  Convertible Preferred Stock certificate(s) of like
tenor  and  date;  provided,  however,  the  Company  shall  not be obligated to
re-issue Series B Convertible Preferred Stock certificates if the holder thereof
contemporaneously  requests  the  Company to convert such shares of the Series B
Convertible  Preferred  Stock  into  the  Common  Stock.

     10.     Voting.  The  holders  of  the Series B Convertible Preferred Stock
             ------
shall  have  no voting rights on any matter submitted to the stockholders of the
Company  for  their  vote,  waiver, release or other action, or be considered in
connection  with  the  establishment  of  a  quorum,  except as may otherwise be
expressly required by law or by the applicable stock exchange rules.

     The  Resolution  was duly adopted by all of the directors of the Company as
required by Section 151 of the Delaware General Corporation Law.

     IN  WITNESS  WHEREOF,  the  undersigned  has  executed  this Certificate of
Designation,  Preferences  and  Rights on behalf of the Company this 29th day of
April, 2005.

                                   CHARYS HOLDING COMPANY, INC.

                                   By /s/ Billy V. Ray, Jr.
                                     -------------------------------------------
                                     Billy V. Ray, Jr., Chief Executive Officer

                                        4
<PAGE>
THE STATE OF GEORGIA     *
                         *
COUNTY OF FULTON         *

     On  this  29th  day  of  April, 2005, before me, the undersigned authority,
personally  appeared Billy V. Ray, Jr., the President of Charys Holding Company,
Inc.,  a  Delaware  corporation,  known  to  me  to  be the person whose name is
subscribed  to the within instrument, and acknowledged that he executed the same
for the purposes and consideration therein expressed, and as the act and deed of
said  corporation,  and  who  also  upon  oath swore that the statements therein
contained  are  true  and  correct.

     IN  WITNESS  WHEREOF,  I  have hereunto set my hand and affixed my official
seal the day and year in this certificate first above written.

                                        ----------------------------------------
                                        Notary Public for the State of Georgia
                                        Printed Name:
                                                     ---------------------------
                                        My Commission Expires:
                                                              ------------------

                                        5
<PAGE>
                                  ATTACHMENT A
                 CHARYS HOLDING COMPANY, INC. CONVERSION NOTICE

     In  accordance  with  and  pursuant to the provisions of the Certificate of
Designation  Establishing Series B Convertible Preferred Stock of Charys Holding
Company,  Inc., the undersigned hereby elects to convert the number of shares of
Series  B  Convertible  Preferred  Stock,  par value $0.001 per share, of Charys
Holding  Company, Inc. (the "Company") indicated below into shares of the common
stock,  par  value  $0.001  per  share  (the "Common Stock"), of the Company, by
tendering  the  stock  certificate(s)  representing the share(s) of the Series B
Convertible  Preferred  Stock  hereinafter  described  as  of the date specified
below.

     The  undersigned  acknowledges  that  the  securities  issuable  to  the
undersigned  upon  conversion  of  shares  of the Series B Convertible Preferred
Stock  may  not  be  sold, pledged, hypothecated or otherwise transferred unless
such securities are registered under the Securities Act of 1933, as amended, and
any  other  applicable securities law, or the Company has received an opinion of
counsel  satisfactory  to  it  that  registration  is  not required. A legend in
substantially  the  following  form  will be placed on any certificates or other
documents  evidencing  the  securities  to  be issued upon any conversion of the
shares  of  the  Series  B  Convertible  Preferred  Stock:

          THE  SECURITIES  REPRESENTED  BY THIS INSTRUMENT OR DOCUMENT
          HAVE  BEEN  ACQUIRED  FOR  INVESTMENT  AND  HAVE  NOT  BEEN
          REGISTERED  UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR
          THE  SECURITIES LAW OF ANY STATE. WITHOUT SUCH REGISTRATION,
          SUCH  SECURITIES  MAY  NOT BE SOLD, PLEDGED, HYPOTHECATED OR
          OTHERWISE TRANSFERRED EXCEPT UPON DELIVERY TO THE COMPANY OF
          AN  OPINION  OF  COUNSEL  SATISFACTORY  TO  THE COMPANY THAT
          REGISTRATION  IS  NOT  REQUIRED  FOR  SUCH  TRANSFER  OR THE
          SUBMISSION  TO  THE COMPANY OF SUCH OTHER EVIDENCE AS MAY BE
          SATISFACTORY  TO  THE  COMPANY  TO  THE EFFECT THAT ANY SUCH
          TRANSFER  SHALL NOT BE IN VIOLATION OF THE SECURITIES ACT OF
          1933,  AS  AMENDED,  THE SECURITIES LAW OF ANY STATE, OR ANY
          RULE  OR  REGULATION  PROMULGATED  THEREUNDER.

Date of Conversion:
                   --------------------------

Number of shares of the Series B Convertible Preferred Stock to be converted:

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

Stock certificate no(s). of the shares of the Series B Convertible Preferred
Stock to be converted:

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

Conversion Rate:
                -----------------------------

Number of shares of the Common Stock to be issued:

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

Name in which shares of the Common Stock are to be issued:

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

---------------------------------------------
Signature

---------------------------------------------
Printed Name and Address

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

<PAGE>
                                    EXHIBIT D

                                        9
<PAGE>
[GRAPHIC OMITTED]
                                 PROMISSORY NOTE
                                 ---------------
                                  (Fixed Rate)

$300,000.00                                                       April 25, 2005

For  value  received,  CHARYS  HOLDING COMPANY, INC., a Delaware corporation, as
principal ("Borrower"), promises to pay to the order of THE FROST NATIONAL BANK,
a  national  banking association ("Lender") at P.O. Box 1600, San Antonio, Texas
78296,  or  at  such  other address as Lender shall from time to time specify in
writing,  the  principal  sum  of  THREE  HUNDRED  THOUSAND  AND  NO/100 DOLLARS
($300,000.00),  in  legal and lawful money of the United States of America, with
interest  on  the outstanding principal from the date advanced until paid at the
rate set out below. Interest shall be computed on a per annum basis of a year of
360  days  and  for  the  actual number of days elapsed, unless such calculation
would  result  in  a  rate greater than the highest rate permitted by applicable
law,  in which case interest shall be computed on a per annum basis of a year of
365 days or 366 days in a leap year, as the case may be.

     1.     Payment Terms.
            -------------

     The  entire  amount  hereof,  principal and interest then remaining unpaid,
shall  be  then  due  and payable on _______, 2006 [thirteen months after date];
interest  being  calculated  on  the  unpaid  principal  each  day  principal is
outstanding  and  all  payments  made  credited to any collection costs and late
charges,  to  the  discharge of the interest accrued and to the reduction of the
principal,  in  such  order  as  Lender  shall  determine.

     2.     Late  Charge.  If  a  payment is made 10 days or more late, Borrower
            ------------
will  be charged, in addition to interest, a delinquency charge of (i) 5% of the
unpaid portion of the regularly scheduled payment, or (ii) $250.00, whichever is
less.  Additionally,  upon  maturity  of this Note, if the outstanding principal
balance (plus all accrued but unpaid interest) is not paid within 10 days of the
maturity  date,  Borrower  will be charged a delinquency charge of (i) 5% of the
sum of the outstanding principal balance (plus all accrued but unpaid interest),
or (ii) $250.00, whichever is less. Borrower agrees with Lender that the charges
set  forth herein are reasonable compensation to Lender for the handling of such
late  payments.

     3.     Interest  Rate.   The  unpaid  principal  balance of this Note shall
            --------------
bear  interest  prior  to maturity (however such maturity is brought about) at a
fixed  rate  of  twelve  percent  (12%)  per  annum.

     4.     Default  Rate.  Matured  unpaid  principal  and  interest shall bear
            -------------
interest  from  date of maturity until paid at (a) the highest rate permitted by
applicable law, or (b) if no such maximum rate is established by applicable law,
at  the  rate  stated  above  plus  five  percent  (5%)  per  annum.

     5.     Prepayment.  Borrower  reserves  the  right  to  prepay,  prior  to
            ----------
maturity,  all  or  any  part of the principal of this Note without penalty. Any
prepayments  shall  be  applied first to accrued interest and then to principal.
Borrower  will  provide  written  notice  to the holder of this Note of any such
prepayment of all or any part of the principal at the time thereof. All payments
and  prepayments  of  principal or interest on this Note shall be made in lawful
money  of  the  United  States of America in immediately available funds, at the
address  of  Lender  indicated  above,  or  such  other

<PAGE>
place  as  the  holder  of this Note shall designate in writing to Borrower. All
partial  prepayments  of  principal  shall  be  applied to the last installments
payable  in  their  inverse  order  of  maturity.

     6.     Default.   It  is  expressly  provided  that  upon  default  in  the
            -------
punctual  payment of this Note or any part hereof, principal or interest, as the
same shall become due and payable, or upon the occurrence of an event of default
specified  in  any of the other Loan Documents (as defined below), the holder of
this  Note may, at its option, without further notice or demand, (i) declare the
outstanding principal balance of and accrued but unpaid interest on this Note at
once  due  and payable, (ii) refuse to advance any additional amounts under this
Note, (iii) foreclose all liens securing payment hereof, (iv) pursue any and all
other  rights,  remedies and recourses available to the holder hereof, including
but  not  limited  to  any  such  rights,  remedies  or recourses under the Loan
Documents,  at law or in equity, or (v) pursue any combination of the foregoing;
and  in the event default is made in the prompt payment of this Note when due or
declared due, and the same is placed in the hands of an attorney for collection,
or suit is brought on same, or the same is collected through probate, bankruptcy
or  other judicial proceedings, then the Borrower agrees and promises to pay all
costs  of  collection,  including  reasonable  attorney's  fees.

     7.     Joint  and Several Liability; Waiver. Each maker, signer, surety and
            ------------------------------------
endorser  hereof,  as well as all heirs, successors and legal representatives of
said parties, shall be directly and primarily, jointly and severally, liable for
the  payment  of  all  indebtedness  hereunder. Lender may release or modify the
obligations  of  any of the foregoing persons or entities, or guarantors hereof,
in  connection  with  this loan without affecting the obligations of the others.
All such persons or entities expressly waive presentment and demand for payment,
notice  of  default,  notice  of  intent  to  accelerate  maturity,  notice  of
acceleration  of  maturity,  protest, notice of protest, notice of dishonor, and
all  other  notices  and  demands for which waiver is not prohibited by law, and
diligence  in  the  collection  hereof;  and  agree to all renewals, extensions,
indulgences, partial payments, releases or exchanges of collateral, or taking of
additional  collateral,  with  or  without  notice, before or after maturity. No
delay  or omission of Lender in exercising any right hereunder shall be a waiver
of  such  right  or  any  other  right  under  this  Note.

     8.     No Usury Intended; Usury Savings Clause.  In no event shall interest
            ---------------------------------------
contracted  for,  charged  or  received  hereunder,  plus  any  other charges in
connection  herewith  which  constitute  interest,  exceed  the maximum interest
permitted  by  applicable  law.  The  amounts  of such interest or other charges
previously  paid to the holder of the Note in excess of the amounts permitted by
applicable  law  shall  be  applied  by  the  holder  of  the Note to reduce the
principal  of  the  indebtedness evidenced by the Note, or, at the option of the
holder  of  the  Note,  be  refunded. To the extent permitted by applicable law,
determination of the legal maximum amount of interest shall at all times be made
by  amortizing,  prorating,  allocating  and spreading in equal parts during the
period of the full stated term of the loan and indebtedness, all interest at any
time  contracted for, charged or received from the Borrower hereof in connection
with  the  loan  and  indebtedness  evidenced hereby, so that the actual rate of
interest  on account of such indebtedness is uniform throughout the term hereof.

     9.     Security.  This  Note  is  secured  by,  inter  alia, the following:
            --------                                 -----  ----

          (a)     a  separate  Guaranty  Agreement  from  each  of  Contemporary
     Constructors,  Inc.,  CCI  Telecon,  Inc.,  CCI Integrated Solutions, Inc.,
     Berkshire  Wireless,  Inc.  and  Michael  J.  Novak.

                                        2
<PAGE>
This  Note and all other documents evidencing, securing, governing, guaranteeing
and/or  pertaining  to  this  Note, including but not limited to those documents
described  above,  are  hereinafter  collectively  referred  to  as  the  "Loan
Documents."  The  holder  of  this Note is entitled to the benefits and security
provided  in  the  Loan  Documents.

     10.     Texas  Finance  Code.   In  no event shall Chapter 346 of the Texas
             ---------------------
Finance  Code  (which  regulates  certain  revolving loan accounts and revolving
tri-party  accounts)  apply to this Note.  To the extent that Chapter 303 of the
Texas Finance Code is applicable to this Note, the "weekly ceiling" specified in
such  article  is  the  applicable ceiling; provided that, if any applicable law
permits  greater interest, the law permitting the greatest interest shall apply.

     11.     Governing  Law,  Venue.  This Note is being executed and delivered,
             -----------------------
and is intended to be performed in the State of Texas. Except to the extent that
the  laws  of  the  United States may apply to the terms hereof, the substantive
laws  of the State of Texas shall govern the validity, construction, enforcement
and  interpretation  of this Note. In the event of a dispute involving this Note
or  any  other  instruments  executed  in  connection  herewith, the undersigned
irrevocably  agrees  that  venue  for  such  dispute  shall  lie in any court of
competent  jurisdiction  in  Bexar  County,  Texas.

     12.     Purpose  of  Loan. Borrower agrees that no advances under this Note
             ------------------
shall  be used for personal, family or household purposes, and that all advances
hereunder  shall  be  used solely for business, commercial, investment, or other
similar  purposes.

     13.     Captions.  The  captions  in this Note are inserted for convenience
             ---------
only and are not to be used to limit the terms herein.

     14.     Financial  Information.  Borrower  agrees  to promptly furnish such
             -----------------------
financial information and statements, including financial statements in a format
acceptable to Lender, lists of assets and liabilities, agings of receivables and
payables,  inventory  schedules,  budgets,  forecasts,  tax  returns,  and other
reports  with  respect to Borrower's financial condition and business operations
as  Lender  may  request  from  time to time. This provision shall not alter the
obligation  of  Borrower  to deliver to Lender any other financial statements or
reports pursuant to the terms of any other loan documents executed in connection
with  this  Note.

                                        BORROWER:
                                        ---------

                                        CHARYS HOLDING COMPANY, INC.,
                                        a Delaware corporation

                                        By: /s/ Billy V. Ray, Jr.
                                           -------------------------------------
                                           Billy V. Ray, Jr.
                                           Chairman and Chief Executive Officer

                                        3
<PAGE>
                                   EXHIBIT E-1

                                       10
<PAGE>
[GRAPHIC OMITTED]
                               GUARANTY AGREEMENT
                               ------------------

     THIS  GUARANTY  AGREEMENT  ("Guaranty")  is  made  as  of  the  __  day  of
April 25,  2005,  by  Guarantor  (as  hereinafter  defined)  for  the benefit of
Lender  (as  hereinafter  defined).

     1.     Definitions.  As  used  in  this Guaranty, the following terms shall
            ------------
have  the  meanings  indicated  below:

     (a)     The  term  "Lender"  shall mean THE FROST NATIONAL BANK, a national
banking  association,  whose  address  for  notice  purposes  is  the following:

                     P.O. Box 1600, San Antonio, Texas 78296
                                Attn: Phil Dudley

     (b)     The term "Borrower" (whether one or more) shall mean the following:

              Charys Holding Company, Inc., a Delaware corporation

     (c)     The  term "Guarantor" shall mean Contemporary Constructors, Inc., a
Texas corporation, whose address for notice purposes is the following:

               19240 Red Land Road
               San Antonio, Bexar County, Texas 78257
               Attn: Michael J. Novak

     (d)     The  term  "Guaranteed  Indebtedness"  shall mean (i) all principal
                        --------------------------
indebtedness owing by Borrower to Lender now existing or hereafter arising under
or  evidenced  by  that one certain Promissory Note dated April 25, 2005, in the
original  principal  amount  of $300,000.00, executed by Borrower and payable to
the  order  of  Lender  and,  (ii) all accrued but unpaid interest on any of the
indebtedness described in (i) above, (iii) all obligations of Borrower to Lender
under  any documents evidencing, securing, governing and/or pertaining to all or
any  part of the indebtedness described in (i) and (ii) above (collectively, the
"Loan  Documents"),  (iv)  all  costs  and  expenses  incurred  by  Lender  in
connection  with  the  collection  and  administration of all or any part of the
indebtedness  and  obligations  described  in  (i),  (ii) and (iii) above or the
protection  or preservation of, or realization upon, the collateral securing all
or  any  part of such indebtedness and obligations, including without limitation
all  reasonable attorneys' fees, and (v) all renewals, extensions, modifications
and  rearrangements  of the indebtedness and obligations described in (i), (ii),
(iii)  and  (iv)  above.

     2.     Obligations.  As  an  inducement  to Lender to extend or continue to
            ------------
extend  credit  and  other  financial accommodations to Borrower, Guarantor, for
value  received, does hereby unconditionally and absolutely guarantee the prompt
and  full  payment  and  performance  of the Guaranteed Indebtedness when due or
declared  to  be  due  and  at  all  tunes  thereafter.

     3.     Character of Obligations.
            -------------------------

<PAGE>
     (a)     This  is  an  absolute,  continuing  and  unconditional guaranty of
payment  and  not of collection and if at any time or from time to time there is
no  outstanding  Guaranteed  Indebtedness,  the  obligations  of  Guarantor with
respect  to any and all Guaranteed Indebtedness incurred thereafter shall not be
affected.    This  Guaranty  and  the  Guarantor's  obligations  hereunder  are
irrevocable  and,  in  the  event  of  Guarantor's  death, shall be binding upon
Guarantor's  estate.  All  of  the Guaranteed Indebtedness shall be conclusively
presumed  to have been made or acquired in acceptance hereof. Guarantor shall be
liable,  jointly  and severally, with Borrower and any other guarantor of all or
any  part  of  the  Guaranteed  Indebtedness.

     (b)     Lender may, at its sole discretion and without impairing its rights
hereunder,  (i)  apply  any  payments on the Guaranteed Indebtedness that Lender
receives  from Borrower or any other source other than Guarantor to that portion
of the Guaranteed Indebtedness, if any, not guaranteed hereunder, and (ii) apply
any  proceeds it receives as a result of the foreclosure or other realization on
any  collateral  for the Guaranteed Indebtedness to that portion, if any, of the
Guaranteed  Indebtedness  not  guaranteed hereunder or to any other indebtedness
secured  by  such  collateral.

     (c)     Guarantor  agrees  that  its  obligations  hereunder  shall  not be
released,  diminished,  impaired,  reduced  or  affected by the existence of any
other  guaranty  or the payment by any other guarantor of all or any part of the
Guaranteed  Indebtedness  and,  in  the event Paragraph 2 above partially limits
                                              -----------
Guarantor's  obligations  under this Guaranty, Guarantor's obligations hereunder
shall  continue  until  Lender  has  received  payment in full of the Guaranteed
Indebtedness.

     (d)     Guarantor's  obligations  hereunder  shall  not  be  released,
diminished,  impaired, reduced or affected by, nor shall any provision contained
herein  be deemed to be a limitation upon, the amount of credit which Lender may
extend  to  Borrower,  the  number  of transactions between Lender and Borrower,
payments  by  Borrower to Lender or Lender's allocation of payments by Borrower.

     (e)     Without   further  authorization  from  or  notice  to   Guarantor,
Lender  may  compromise,  accelerate,  or otherwise alter the time or manner for
the  payment  of  the  Guaranteed  Indebtedness,  increase or reduce the rate of
interest  thereon, or release or add any one or more guarantors or endorsers, or
allow  substitution of or withdrawal of collateral or other security and release
collateral  and  other  security  or  subordinate  the  same.

     4.     Representations  and  Warranties.  Guarantor  hereby  represents and
            ---------------------------------
warrants  the  following  to  Lender:

     (a)     This  Guaranty  may  reasonably be expected to benefit, directly or
indirectly,  Guarantor,  and  (i)  if  Guarantor  is a corporation, the Board of
Directors  of  Guarantor  has  determined  that  this Guaranty may reasonably be
expected  to benefit, directly or indirectly, Guarantor, or (ii) if Guarantor is
a  partnership,  the  requisite number of its partners have determined that this
Guaranty  may  reasonably  be  expected  to  benefit,  directly  or  indirectly,
Guarantor;  and

                                        2
<PAGE>
     (b)     Guarantor  is  familiar  with,  and  has independently reviewed the
books and records regarding, the financial condition of Borrower and is familiar
with the value of any and all collateral intended to be security for the payment
of  all or any part of the Guaranteed Indebtedness; provided, however, Guarantor
is  not  relying  on  such financial condition or collateral as an inducement to
enter  into  this  Guaranty;  and

     (c)     Guarantor  has  adequate  means  to  obtain  from  Borrower  on  a
continuing  basis information concerning the financial condition of Borrower and
Guarantor  is  not  relying  on  Lender to provide such information to Guarantor
either  now  or  in  the  future;  and

     (d)     Guarantor  has  the  power  and  authority  to execute, deliver and
perform  this  Guaranty  and  any  other  agreements  executed  by  Guarantor
contemporaneously  herewith, and the execution, delivery and performance of this
Guaranty  and  any  other  agreements  executed  by  Guarantor contemporaneously
herewith  do  not  and will not violate (i) any agreement or instrument to which
Guarantor  is  a  party,  (ii)  any  law,  rule,  regulation  or  order  of  any
governmental  authority  to which Guarantor is subject, or (iii) its articles or
certificate  of  incorporation  or bylaws, if Guarantor is a corporation, or its
partnership  agreement,  if  Guarantor  is  a  partnership;  and

     (e)     Neither  Lender  nor  any  other party has made any representation,
warranty  or statement to Guarantor in order to induce Guarantor to execute this
Guaranty;  and

     (f)     The  financial statements and other financial information regarding
Guarantor heretofore and hereafter delivered to Lender are and shall be true and
correct  in  all  material respects and fairly present the financial position of
Guarantor  as  of the dates thereof, and no material adverse change has occurred
in  the  financial  condition of Guarantor reflected in the financial statements
and  other  financial  information  regarding  Guarantor heretofore delivered to
Lender  since  the  date  of  the  last  statement  thereof;  and

     (g)     As of the date hereof, and after giving effect to this Guaranty and
the obligations evidenced hereby, (i) Guarantor is and will be solvent, (ii) the
fair  saleable  value  of Guarantor's assets exceeds and will continue to exceed
its  liabilities  (both  fixed  and  contingent),  (iii)  Guarantor  is and will
continue  to  be  able to pay its debts as they mature, and (iv) if Guarantor is
not an individual, Guarantor has and will continue to have sufficient capital to
carry  on  its  business  and  all  businesses  in  which it is about to engage.

     5.     Covenants.  Guarantor  hereby  covenants  and  agrees with Lender as
            ----------
follows:

     (a)     Guarantor shall not, so long as its obligations under this Guaranty
continue,  transfer  or  pledge any material portion of its assets for less than
full  and  adequate  consideration;  and

                                        3
<PAGE>
     (b)     Guarantor  shall  promptly  furnish  to Lender at any time and from
time  to  time  such  financial  statements  and  other financial information of
Guarantor  as  the  Lender  may  require,  in form and substance satisfactory to
Lender;  and

     (c)     Guarantor  shall  comply  with all terms and provisions of the Loan
Documents  that  apply  to  Guarantor;  and

     (d)     Guarantor  shall  promptly  inform  Lender of (i) any litigation or
governmental  investigation  against Guarantor or affecting any security for all
or any part of the Guaranteed Indebtedness or this Guaranty which, if determined
adversely,  might have a material adverse effect upon the financial condition of
Guarantor  or  upon such security or might cause a default under any of the Loan
Documents,  (ii) any claim or controversy which might become the subject of such
litigation  or governmental investigation, and (iii) any material adverse change
in  the  financial  condition  of  Guarantor.

     6.     Consent  and  Waiver.
            ---------------------

     (a)     Guarantor waives (i) promptness, diligence and notice of acceptance
of  this Guaranty and notice of the incurring of any obligation, indebtedness or
liability to which this Guaranty applies or may apply and waives presentment for
payment,  notice  of  nonpayment,  protest, demand, notice of protest, notice of
intent  to  accelerate, notice of acceleration, notice of dishonor, diligence in
enforcement  and  indulgences  of  every  kind, and (ii) the taking of any other
action  by  Lender, including without limitation giving any notice of default or
any  other  notice to, or making any demand on, Borrower, any other guarantor of
all  or  any  part  of  the  Guaranteed  Indebtedness  or  any  other  party.

     (b)     Guarantor  waives  any  rights  Guarantor  has  under,  or  any
requirements  imposed by, Chapter 34 of the Texas Business and Commerce Code, as
in  effect  on  the  date  of this Guaranty or as it may be amended from time to
time.

     (c)     Lender  may  at  any  time,  without  the  consent  of or notice to
Guarantor,  without incurring responsibility to Guarantor and without impairing,
releasing,  reducing  or  affecting the obligations of Guarantor hereunder:  (i)
change  the  manner,  place  or  terms  of  payment  of  all  or any part of the
Guaranteed Indebtedness, or renew, extend, modify, rearrange or alter all or any
part  of  the Guaranteed Indebtedness; (ii) change the interest rate accruing on
any  of the Guaranteed Indebtedness (including, without limitation, any periodic
change  in  such  interest rate that occurs because such Guaranteed Indebtedness
accrues  interest  at  a  variable  rate which may fluctuate from time to time);
(iii) sell, exchange, release, surrender, subordinate, realize upon or otherwise
deal  with  in any manner and in any order any collateral for all or any part of
the  Guaranteed  Indebtedness or this Guaranty or setoff against all or any part
of  the  Guaranteed  Indebtedness;  (iv) neglect, delay, omit, fail or refuse to
take  or  prosecute  any  action  for  the  collection of all or any part of the
Guaranteed  Indebtedness  or this Guaranty or to take or prosecute any action in
connection  with  any  of  the  Loan  Documents;  (v)  exercise  or refrain from

                                        4
<PAGE>
exercising  any  rights  against Borrower or others, or otherwise act or refrain
from  acting;  (vi)  settle  or  compromise  all  or  any part of the Guaranteed
Indebtedness  and  subordinate  the payment of all or any part of the Guaranteed
Indebtedness  to  the  payment  of  any obligations, indebtedness or liabilities
which  may  be  due  or  become due to Lender or others; (vii) apply any deposit
balance, fund, payment, collections through process of law or otherwise or other
collateral  of  Borrower to the satisfaction and liquidation of the indebtedness
or  obligations  of  Borrower  to Lender not guaranteed under this Guaranty; and
(viii)  apply  any  sums  paid to Lender by Guarantor, Borrower or others to the
Guaranteed  Indebtedness  in  such  order  and  manner  as  Lender,  in its sole
discretion,  may  determine.

     (d)     Should  Lender  seek  to  enforce  the  obligations  of  Guarantor
hereunder by action in any court or otherwise, Guarantor waives any requirement,
substantive  or procedural, that (i) Lender first enforce any rights or remedies
against  Borrower  or any other person or entity liable to Lender for all or any
part  of  the  Guaranteed  Indebtedness,  including  without  limitation  that a
judgment  first  be  rendered against Borrower or any other person or entity, or
that  Borrower  or any other person or entity should be joined in such cause, or
(ii)  Lender  first  enforce rights against any collateral which shall ever have
been  given  to  secure  all  or any part of the Guaranteed Indebtedness or this
Guaranty.  Such  waiver  shall  be  without  prejudice to Lender's right, at its
option,  to  proceed  against Borrower or any other person or entity, whether by
separate  action  or  by  joinder.

     (e)     In  addition  to  any  other  waivers,  agreements and covenants of
Guarantor  set  forth  herein,  Guarantor hereby further waives and releases all
claims,  causes  of  action,  defenses  and  offsets  for any act or omission of
Lender,  its  directors,  officers,  employees,  representatives  or  agents  in
connection  with  Lender's administration of the Guaranteed Indebtedness, except
for  Lender's  willful  misconduct  and  gross  negligence.

     (f)  Guarantor  grants  to  Lender  a contractual security interest in, and
hereby  assigns,  conveys,  delivers,  pledges  and  transfers  to  Lender  all
Guarantor's right, title and interest in and to Guarantor's accounts with Lender
(whether  checking, savings or some other account), including without limitation
all  accounts held jointly with someone else and all accounts Guarantor may open
in  the  future,  excluding  however  all  IRA and Keogh accounts, and all trust
accounts  for which the grant of a security interest would be prohibited by law.
Guarantor  authorizes  Lender,  to  the  extent  permitted by applicable law, to
charge  or  setoff all sums owing on the Guaranteed Indebtedness against any and
all  such  accounts.

     7.     Obligations  Not  Impaired.
            ---------------------------

     (a)     Guarantor  agrees  that  its  obligations  hereunder  shall  not be
released, diminished, impaired, reduced or affected by the occurrence of any one
or  more of the following events: (i) the death, disability or lack of corporate
power  of Borrower, Guarantor (except as provided in Paragraph 10 herein) or any
                                                     ------------
other  guarantor  of  all  or  any part of the Guaranteed Indebtedness, (ii) any
receivership,  insolvency,  bankruptcy  or other proceedings affecting Borrower,
Guarantor  or  any  other  guarantor  of  all  or  any  part  of  the Guaranteed
Indebtedness,  or  any  of their respective property; (iii) the partial or total
release  or  discharge  of  Borrower  or  any  other  guarantor  of  all  or

                                        5
<PAGE>
any  part of the Guaranteed Indebtedness, or any other person or entity from the
performance  of  any  obligation  contained  in  any  instrument  or  agreement
evidencing,  governing  or  securing  all  or  any  part  of  the  Guaranteed
Indebtedness,  whether  occurring by reason of law or otherwise; (iv) the taking
or  accepting  of  any  collateral  for  all  or  any  part  of  the  Guaranteed
Indebtedness or this Guaranty; (v) the taking or accepting of any other guaranty
for  all  or any part of the Guaranteed Indebtedness; (vi) any failure by Lender
to  acquire,  perfect  or  continue  any lien or security interest on collateral
securing  all or any part of the Guaranteed Indebtedness or this Guaranty; (vii)
the  impairment  of  any  collateral  securing all or any part of the Guaranteed
Indebtedness  or  this  Guaranty;  (viii)  any  failure  by  Lender  to sell any
collateral  securing  all  or  any  part  of the Guaranteed Indebtedness or this
Guaranty  in  a  commercially reasonable manner or as otherwise required by law;
(ix) any invalidity or unenforceability of or defect or deficiency in any of the
Loan Documents; or (x) any other circumstance which might otherwise constitute a
defense available to, or discharge of, Borrower or any other guarantor of all or
any  part  of  the  Guaranteed  Indebtedness.

     (b)     This  Guaranty  shall continue to be effective or be reinstated, as
the case may be, if at any time any payment of all or any part of the Guaranteed
Indebtedness  is  rescinded  or  must  otherwise  be returned by Lender upon the
insolvency,  bankruptcy  or  reorganization  of  Borrower,  Guarantor, any other
guarantor  of  all or any part of the Guaranteed Indebtedness, or otherwise, all
as  though  such  payment  had  not  been  made.

     (c)     In  the event Borrower is a corporation, joint stock association or
partnership,  or  is  hereafter incorporated, none of the following shall affect
Guarantor's  liability hereunder: (i) the unenforceability of all or any part of
the  Guaranteed  Indebtedness  against  Borrower  by reason of the fact that the
Guaranteed  Indebtedness  exceeds  the  amount permitted by law; (ii) the act of
creating all or any part of the Guaranteed Indebtedness is ultra vires; or (iii)
the officers or partners creating all or any part of the Guaranteed Indebtedness
acted  in  excess  of  their  authority.  Guarantor  hereby  acknowledges  that
withdrawal  from,  or  termination of, any ownership interest in Borrower now or
hereafter owned or held by Guarantor shall not alter, affect or in any way limit
the  obligations  of  Guarantor  hereunder.

     8.     Actions  Against Guarantor. In the event of a default in the payment
            ---------------------------
or  performance  of  all  or  any  part of the Guaranteed Indebtedness when such
Guaranteed  Indebtedness  becomes  due, whether by its terms, by acceleration or
otherwise,  Guarantor  shall,  without notice or demand, promptly pay the amount
due thereon to Lender, in lawful money of the United States, at Lender's address
set  forth  in  Subparagraph  l(a)  above.  One or more successive or concurrent
                ------------------
actions  may  be  brought  against Guarantor, either in the same action in which
Borrower is sued or in separate actions, as often as Lender deems advisable. The
exercise by Lender of any right or remedy under this Guaranty or under any other
agreement  or  instrument,  at  law,  in equity or otherwise, shall not preclude
concurrent  or  subsequent  exercise of any other right or remedy. The books and
records  of  Lender  shall be admissible as evidence in any action or proceeding
involving  this  Guaranty and shall be prima facie evidence of the payments made
                                       ----- -----
on,  and  the  outstanding  balance  of,  the  Guaranteed  Indebtedness.

                                        6
<PAGE>
     9.     Payment  by Guarantor.   Whenever Guarantor pays any sum which is or
            ----------------------
may  become  due under this Guaranty, written notice must be delivered to Lender
contemporaneously  with  such  payment.    Such  notice  shall  be effective for
purposes  of  this  paragraph  when  contemporaneously  with such payment Lender
receives  such  notice  either  by:    (a)  personal delivery to the address and
designated  department  of  Lender identified in Subparagraph l(a) above, or (b)
                                                 -----------------
United  States  mail, certified or registered, return receipt requested, postage
prepaid,  addressed  to  Lender at the address shown in Subparagraph l(a) above.
                                                        -----------------
In  the  absence  of  such  notice to Lender by Guarantor in compliance with the
provisions  hereof,  any  sum  received  by  Lender on account of the Guaranteed
Indebtedness  shall  be  conclusively  deemed  paid  by  Borrower.

     10.     Death  of  Guarantor.  In  the event of the death of Guarantor, the
             ---------------------
obligations  of  the deceased Guarantor under this Guaranty shall continue as an
obligation  against his estate as to (a) all of the Guaranteed Indebtedness that
is  outstanding on the date of Guarantor's death, and any renewals or extensions
thereof,  and  (b) all loans, advances and other extensions of credit made to or
for  the  account of Borrower on or after the date of Guarantor's death pursuant
to  an  obligation  of  Lender  under  a  commitment  or  agreement described in
Subparagraph  l(d)  above  and  made  to  or  with Borrower prior to the date of
------------------
Guarantor's  death.   The  terms  and  conditions  of  this  Guaranty, including
without  limitation  the  consents  and waivers set forth in Paragraph 6 hereof,
                                                             -----------
shall  remain in effect with respect to the Guaranteed Indebtedness described in
the  preceding  sentence  in  the  same  manner  as  if  Guarantor had not died.

     11.     Notice  of Sale. In the event that Guarantor is entitled to receive
             ----------------
any  notice  under  the  Uniform  Commercial  Code,  as  it  exists in the state
governing  any  such  notice, of the sale or other disposition of any collateral
securing  all  or  any  part  of  the  Guaranteed Indebtedness or this Guaranty,
reasonable  notice  shall  be  deemed given when such notice is deposited in the
United  States  mail, postage prepaid, at the address for Guarantor set forth in
Subparagraph  l(c)  above,  ten  (10) days prior to the date any public sale, or
------------------
after  which  any  private sale, of any such collateral is to be held; provided,
                                                                       ---------
however,  that  notice  given  in  any  other  reasonable manner or at any other
--------
reasonable  time  shall  be  sufficient.

     12.     Waiver  by  Lender.   No  delay on the part of Lender in exercising
             -------------------
any right hereunder or failure to exercise the same shall operate as a waiver of
such  right.  In no event shall any waiver of the provisions of this Guaranty be
effective  unless the same be in writing and signed by an officer of Lender, and
then  only  in  the  specific  instance  and  for  the  purpose  given.

     13.     Successors and Assigns. This Guaranty is for the benefit of Lender,
             -----------------------
its  successors  and  assigns.  This  Guaranty  is  binding  upon  Guarantor and
Guarantor's  heirs,  executors,  administrators,  personal  representatives  and
successors,  including  without  limitation  any  person  or entity obligated by
operation  of law upon the reorganization, merger, consolidation or other change
in  the  organizational  structure  of  Guarantor.

     14.     Costs  and  Expenses.   Guarantor shall pay on demand by Lender all
             ---------------------
costs and expenses, including without limitation all reasonable attorneys' fees,
incurred  by  Lender  in

                                        7
<PAGE>
connection  with  the preparation, administration, enforcement and/or collection
of  this  Guaranty.  This  covenant  shall survive the payment of the Guaranteed
Indebtedness.

     15.     Severability.   If  any  provision  of  this  Guaranty is held by a
             -------------
court  of  competent  jurisdiction to be illegal, invalid or unenforceable under
present  or  future  laws,  such  provision  shall be fully severable, shall not
impair or invalidate the remainder of this Guaranty and the effect thereof shall
be  confined  to  the  provision  held  to be illegal, invalid or unenforceable.

     16.     No  Obligation.  Nothing  contained herein shall be construed as an
             ---------------
obligation  on  the  part  of  Lender  to extend or continue to extend credit to
Borrower.

     17.     Amendment.  No  modification  or amendment of any provision of this
             ----------
Guaranty,  nor  consent  to  any  departure  by  Guarantor  therefrom,  shall be
effective  unless  the  same  shall  be  in  writing and signed by an officer of
Lender,  and  then  shall be effective only in the specific instance and for the
purpose  for  which  given.

     18.     Cumulative Rights.  All rights and remedies of Lender hereunder are
             ------------------
cumulative  of  each  other  and of every other right or remedy which Lender may
otherwise have at law or in equity or under any instrument or agreement, and the
exercise of one or more of such rights or remedies shall not prejudice or impair
the concurrent or subsequent exercise of any other rights or remedies.

     19.     Governing  Law, Venue. This Guaranty is intended to be performed in
             ----------------------
the  State of Texas. Except to the extent that the laws of the United States may
apply  to  the  terms  hereof,  the substantive laws of the State of Texas shall
govern  the  validity,  construction,  enforcement  and  interpretation  of this
Guaranty.   In  the  event  of  a  dispute  involving this Guaranty or any other
instruments  executed in connection herewith, the undersigned irrevocably agrees
that  venue for such dispute shall lie in any court of competent jurisdiction in
Bexar  County,  Texas.

     20.     Compliance  with  Applicable  Usury Laws. Notwithstanding any other
             -----------------------------------------
provision  of  this  Guaranty  or  of  any  instrument  or agreement evidencing,
governing  or securing all or any part of the Guaranteed Indebtedness, Guarantor
and Lender by its acceptance hereof agree that Guarantor shall never be required
or  obligated  to  pay  interest in excess of the maximum non- usurious interest
rate  as  may  be  authorized  by applicable law for the written contracts which
constitute  the  Guaranteed  Indebtedness.  It is the intention of Guarantor and
Lender  to  conform  strictly to the applicable laws which limit interest rates,
and any of the aforesaid contracts for interest, if and to the extent payable by
Guarantor,  shall be held to be subject to reduction to the maximum non-usurious
interest  rate  allowed  under  said  law.

     21.     Gender. Within this Guaranty, words of any gender shall be held and
             -------
construed  to  include  the  other  gender.

     22.     Captions.  The  headings  in this Guaranty are for convenience only
             ---------
and shall not define or limit the provisions hereof.

                                        8
<PAGE>
     EXECUTED as of the date first above written.

                                        GUARANTOR:
                                        ----------

                                        CONTEMPORARY CONSTRUCTORS, INC.,
                                        a Texas corporation

                                        By:
                                           -------------------------------------
                                             Michael J. Novak, President

                                        9
<PAGE>
                                   EXHIBIT E-2

                                       11
<PAGE>
[GRAPHIC OMITTED]
                               GUARANTY AGREEMENT
                               ------------------

     THIS  GUARANTY  AGREEMENT ("Guaranty") is made as of the 25th day of April,
2005,  by  Guarantor  (as  hereinafter  defined)  for  the benefit of Lender (as
hereinafter  defined).

     1.     Definitions.  As  used  in  this Guaranty, the following terms shall
            ------------
have  the  meanings  indicated  below:

     (a)     The  term  "Lender"  shall mean THE FROST NATIONAL BANK, a national
banking  association,  whose  address  for  notice  purposes  is  the following:

                     P.O. Box 1600, San Antonio, Texas 78296
                               Attn:   Phil Dudley

     (b)     The term "Borrower" (whether one or more) shall mean the following:

              Charys Holding Company, Inc., a Delaware corporation

     (c)     The  term  "Guarantor"  shall  mean  CCI  Telecom,  Inc.,  a Nevada
corporation,  whose  address  for  notice  purposes  is  the  following:

               19240 Red Land Road
               San Antonio, Bexar County, Texas 78257
               Attn: Michael J, Novak

     (d)     The  term  "Guaranteed  Indebtedness"  shall mean (i) all principal
                        --------------------------
indebtedness owing by Borrower to Lender now existing or hereafter arising under
or  evidenced  by  that one certain Promissory Note dated April 25, 2005, in the
original  principal  amount  of $300,000.00, executed by Borrower and payable to
the  order  of  Lender  and,  (ii) all accrued but unpaid interest on any of the
indebtedness described in (i) above, (iii) all obligations of Borrower to Lender
under  any documents evidencing, securing, governing and/or pertaining to all or
any  part of the indebtedness described in (i) and (ii) above (collectively, the
"Loan  Documents"),  (iv)  all  costs  and  expenses  incurred  by  Lender  in
connection  with  the  collection  and  administration of all or any part of the
indebtedness  and  obligations  described  in  (i),  (ii) and (iii) above or the
protection  or preservation of, or realization upon, the collateral securing all
or  any  part of such indebtedness and obligations, including without limitation
all  reasonable attorneys' fees, and (v) all renewals, extensions, modifications
and  rearrangements  of the indebtedness and obligations described in (i), (ii),
(iii)  and  (iv)  above.

     2.     Obligations,  As  an  inducement  to Lender to extend or continue to
            ------------
extend  credit  and  other  financial accommodations to Borrower, Guarantor, for
value  received, does hereby unconditionally and absolutely guarantee the prompt
and  full  payment  and  performance  of the Guaranteed Indebtedness when due or
declared  to  be  due  and  at  all  times  thereafter.

<PAGE>
     3.     Character of Obligations.
            -------------------------

     (a)     This  is  an  absolute,  continuing  and  unconditional guaranty of
payment  and  not of collection and if at any time or from time to time there is
no  outstanding  Guaranteed  Indebtedness,  the  obligations  of  Guarantor with
respect  to any and all Guaranteed Indebtedness incurred thereafter shall not be
affected.   This  Guaranty  and  the  Guarantor's  obligations  hereunder  are
irrevocable  and,  in  the  event  of  Guarantor's  death, shall be binding upon
Guarantor's  estate.  All  of  the Guaranteed Indebtedness shall be conclusively
presumed to have been made or acquired in acceptance hereof.  Guarantor shall be
liable,  jointly  and severally, with Borrower and any other guarantor of all or
any  part  of  the  Guaranteed  Indebtedness.

     (b)     Lender may, at its sole discretion and without impairing its rights
hereunder,  (i)  apply  any  payments on the Guaranteed Indebtedness that Lender
receives  from Borrower or any other source other than Guarantor to that portion
of the Guaranteed Indebtedness, if any, not guaranteed hereunder, and (ii) apply
any  proceeds it receives as a result of the foreclosure or other realization on
any  collateral  for the Guaranteed Indebtedness to that portion, if any, of the
Guaranteed  Indebtedness  not  guaranteed hereunder or to any other indebtedness
secured  by  such  collateral.

     (c)     Guarantor  agrees  that  its  obligations  hereunder  shall  not be
released,  diminished,  impaired,  reduced  or  affected by the existence of any
other  guaranty  or the payment by any other guarantor of all or any part of the
Guaranteed  Indebtedness  and,  in  the event Paragraph 2 above partially limits
                                              -----------
Guarantor's  obligations  under this Guaranty, Guarantor's obligations hereunder
shall  continue  until  Lender  has  received  payment in full of the Guaranteed
Indebtedness.

     (d)     Guarantor's  obligations  hereunder  shall  not  be  released,
diminished,  impaired, reduced or affected by, nor shall any provision contained
herein  be deemed to be a limitation upon, the amount of credit which Lender may
extend  to  Borrower,  the  number  of transactions between Lender and Borrower,
payments  by  Borrower to Lender or Lender's allocation of payments by Borrower.

     (e)     Without  further  authorization  from  or  notice  to   Guarantor,
Lender may compromise, accelerate, or otherwise alter the time or manner for the
payment  of the Guaranteed Indebtedness, increase or reduce the rate of interest
thereon,  or  release  or  add any one or more guarantors or endorsers, or allow
substitution  of  or  withdrawal  of  collateral  or  other security and release
collateral  and  other  security  or  subordinate  the  same.

     4.     Representations  and  Warranties.   Guarantor  hereby represents and
            ---------------------------------
warrants  the  following  to  Lender:

     (a)     This  Guaranty  may  reasonably be expected to benefit, directly or
indirectly,  Guarantor,  and  (i)  if  Guarantor  is a corporation, the Board of
Directors  of  Guarantor  has  determined  that  this Guaranty may reasonably be
expected  to benefit, directly or indirectly, Guarantor, or (ii) if Guarantor is
a  partnership,  the  requisite  number  of  its  partners  have

                                        2
<PAGE>
determined that this Guaranty may reasonably be expected to benefit, directly or
indirectly,  Guarantor;  and

     (b)     Guarantor  is  familiar  with,  and  has independently reviewed the
books and records regarding, the financial condition of Borrower and is familiar
with the value of any and all collateral intended to be security for the payment
of  all or any part of the Guaranteed Indebtedness; provided, however, Guarantor
is  not  relying  on  such financial condition or collateral as an inducement to
enter  into  this  Guaranty;  and

     (c)     Guarantor  has  adequate  means  to  obtain  from  Borrower  on  a
continuing  basis information concerning the financial condition of Borrower and
Guarantor  is  not  relying  on  Lender to provide such information to Guarantor
either  now  or  in  the  future;  and

     (d)     Guarantor  has  the  power  and  authority  to execute, deliver and
perform  this  Guaranty  and  any  other  agreements  executed  by  Guarantor
contemporaneously  herewith, and the execution, delivery and performance of this
Guaranty  and  any  other  agreements  executed  by  Guarantor contemporaneously
herewith  do  not  and will not violate (i) any agreement or instrument to which
Guarantor  is  a  party,  (ii)  any  law,  rale,  regulation  or  order  of  any
governmental  authority  to which Guarantor is subject, or (iii) its articles or
certificate  of  incorporation  or bylaws, if Guarantor is a corporation, or its
partnership  agreement,  if  Guarantor  is  a  partnership;  and

     (e)     Neither  Lender  nor  any  other party has made any representation,
warranty  or statement to Guarantor in order to induce Guarantor to execute this
Guaranty;  and

     (f)     The  financial statements and other financial information regarding
Guarantor heretofore and hereafter delivered to Lender are and shall be true and
correct  in  all  material respects and fairly present the financial position of
Guarantor  as  of the dates thereof, and no material adverse change has occurred
in  the  financial  condition of Guarantor reflected in the financial statements
and  other  financial  information  regarding  Guarantor heretofore delivered to
Lender  since  the  date  of  the  last  statement  thereof;  and

     (g)     As of the date hereof, and after giving effect to this Guaranty and
the obligations evidenced hereby, (i) Guarantor is and will be solvent, (ii) the
fair  saleable  value  of Guarantor's assets exceeds and will continue to exceed
its  liabilities  (both  fixed  and  contingent),  (iii)  Guarantor  is and will
continue  to  be  able to pay its debts as they mature, and (iv) if Guarantor is
not an individual, Guarantor has and will continue to have sufficient capital to
carry  on  its  business  and  all  businesses  in  which it is about to engage.

     5.     Covenants.  Guarantor  hereby  covenants  and  agrees with Lender as
            ----------
follows:

     (a)     Guarantor shall not, so long as its obligations under this Guaranty
continue,  transfer  or  pledge any material portion of its assets for less than
full  and  adequate  consideration;  and

                                        3
<PAGE>
     (b)     Guarantor  shall  promptly  furnish  to Lender at any time and from
time  to  time  such  financial  statements  and  other financial information of
Guarantor  as  the  Lender  may  require,  in form and substance satisfactory to
Lender;  and

     (c)     Guarantor  shall  comply  with all terms and provisions of the Loan
Documents  that  apply  to  Guarantor;  and

     (d)     Guarantor  shall  promptly  inform  Lender of (i) any litigation or
governmental  investigation  against Guarantor or affecting any security for all
or any part of the Guaranteed Indebtedness or this Guaranty which, if determined
adversely,  might have a material adverse effect upon the financial condition of
Guarantor  or  upon such security or might cause a default under any of the Loan
Documents,  (ii) any claim or controversy which might become the subject of such
litigation  or governmental investigation, and (iii) any material adverse change
in  the  financial  condition  of  Guarantor.

     6.     Consent  and  Waiver.
            ---------------------

     (a)     Guarantor waives (i) promptness, diligence and notice of acceptance
of  this Guaranty and notice of the incurring of any obligation, indebtedness or
liability to which this Guaranty applies or may apply and waives presentment for
payment,  notice  of  nonpayment,  protest, demand, notice of protest, notice of
intent  to  accelerate, notice of acceleration, notice of dishonor, diligence in
enforcement  and  indulgences  of  every  kind, and (ii) the taking of any other
action  by  Lender, including without limitation giving any notice of default or
any  other  notice to, or making any demand on, Borrower, any other guarantor of
all  or  any  part  of  the  Guaranteed  Indebtedness  or  any  other  party.

     (b)     Guarantor  waives  any  rights  Guarantor  has  under,  or  any
requirements  imposed by, Chapter 34 of the Texas Business and Commerce Code, as
in  effect  on  the  date  of this Guaranty or as it may be amended from time to
time.

     (c)     Lender  may  at  any  time,  without  the  consent  of or notice to
Guarantor,  without incurring responsibility to Guarantor and without impairing,
releasing,  reducing  or  affecting the obligations of Guarantor hereunder:  (i)
change  the  manner,  place  or  terms  of  payment  of  all  or any part of the
Guaranteed Indebtedness, or renew, extend, modify, rearrange or alter all or any
part  of  the Guaranteed Indebtedness; (ii) change the interest rate accruing on
any  of the Guaranteed Indebtedness (including, without limitation, any periodic
change  in  such  interest rate that occurs because such Guaranteed Indebtedness
accrues  interest  at  a  variable  rate which may fluctuate from time to time);
(iii) sell, exchange, release, surrender, subordinate, realize upon or otherwise
deal  with  in any manner and in any order any collateral for all or any part of
the  Guaranteed  Indebtedness or this Guaranty or setoff against all or any part
of  the  Guaranteed  Indebtedness;  (iv) neglect, delay, omit, fail or refuse to
take  or  prosecute  any  action  for  the

                                        4
<PAGE>
collection of all or any part of the Guaranteed Indebtedness or this Guaranty or
to  take  or  prosecute any action in connection with any of the Loan Documents;
(v)  exercise  or refrain from exercising any rights against Borrower or others,
or  otherwise  act  or refrain from acting; (vi) settle or compromise all or any
part  of  the  Guaranteed Indebtedness and subordinate the payment of all or any
part  of  the  Guaranteed  Indebtedness  to  the  payment  of  any  obligations,
indebtedness  or liabilities which may be due or become due to Lender or others;
(vii)  apply  any deposit balance, fund, payment, collections through process of
law  or  otherwise  or  other  collateral  of  Borrower  to the satisfaction and
liquidation  of  the  indebtedness  or  obligations  of  Borrower  to Lender not
guaranteed  under  this  Guaranty;  and  (viii) apply any sums paid to Lender by
Guarantor,  Borrower  or others to the Guaranteed Indebtedness in such order and
manner  as  Lender,  in  its  sole  discretion,  may  determine.

     (d)     Should  Lender  seek  to  enforce  the  obligations  of  Guarantor
hereunder by action in any court or otherwise, Guarantor waives any requirement,
substantive  or procedural, that (i) Lender first enforce any rights or remedies
against  Borrower  or any other person or entity liable to Lender for all or any
part  of  the  Guaranteed  Indebtedness,  including  without  limitation  that a
judgment  first  be  rendered against Borrower or any other person or entity, or
that  Borrower  or any other person or entity should be joined in such cause, or
(ii)  Lender  first  enforce rights against any collateral which shall ever have
been  given  to  secure  all  or any part of the Guaranteed Indebtedness or this
Guaranty.   Such  waiver  shall  be  without prejudice to Lender's right, at its
option,  to  proceed  against Borrower or any other person or entity, whether by
separate  action  or  by  joinder.

     (e)     In  addition  to  any  other  waivers,  agreements and covenants of
Guarantor  set  forth  herein,  Guarantor hereby further waives and releases all
claims,  causes  of  action,  defenses  and  offsets  for any act or omission of
Lender,  its  directors,  officers,  employees,  representatives  or  agents  in
connection  with  Lender's administration of the Guaranteed Indebtedness, except
for  Lender's  willful  misconduct  and  gross  negligence.

     (f)     Guarantor  grants to Lender a contractual security interest in, and
hereby  assigns,  conveys,  delivers,  pledges  and  transfers  to  Lender  all
Guarantor's right, title and interest in and to Guarantor's accounts with Lender
(whether  checking, savings or some other account), including without limitation
all  accounts held jointly with someone else and all accounts Guarantor may open
in  the  future,  excluding  however  all  IRA and Keogh accounts, and all trust
accounts  for which the grant of a security interest would be prohibited by law.
Guarantor  authorizes  Lender,  to  the  extent  permitted by applicable law, to
charge  or  setoff all sums owing on the Guaranteed Indebtedness against any and
all  such  accounts.

     7.     Obligations  Not  Impaired.
            ---------------------------

     (a)     Guarantor  agrees  that  its  obligations  hereunder  shall  not be
released, diminished, impaired, reduced or affected by the occurrence of any one
or  more of the following events: (i) the death, disability or lack of corporate
power  of Borrower, Guarantor (except as provided in Paragraph 10 herein) or any
                                                     ------------
other  guarantor  of  all  or  any  part  of  the  Guaranteed Indebtedness, (ii)

                                        5
<PAGE>
any  receivership,  insolvency,  bankruptcy  or  other  proceedings  affecting
Borrower,  Guarantor or any other guarantor of all or any part of the Guaranteed
Indebtedness,  or  any  of their respective property; (iii) the partial or total
release  or  discharge  of Borrower or any other guarantor of all or any part of
the  Guaranteed Indebtedness, or any other person or entity from the performance
of any obligation contained in any instrument or agreement evidencing, governing
or securing all or any part of the Guaranteed Indebtedness, whether occurring by
reason  of  law or otherwise; (iv) the taking or accepting of any collateral for
all  or any part of the Guaranteed Indebtedness or this Guaranty; (v) the taking
or  accepting  of  any  other  guaranty  for  all  or any part of the Guaranteed
Indebtedness;  (vi)  any  failure  by Lender to acquire, perfect or continue any
lien  or  security  interest  on  collateral  securing  all  or  any part of the
Guaranteed Indebtedness or this Guaranty; (vii) the impairment of any collateral
securing all or any part of the Guaranteed Indebtedness or this Guaranty; (viii)
any  failure  by  Lender  to sell any collateral securing all or any part of the
Guaranteed  Indebtedness or this Guaranty in a commercially reasonable manner or
as  otherwise  required  by  law;  (ix) any invalidity or unenforceability of or
defect or deficiency in any of the Loan Documents; or (x) any other circumstance
which  might  otherwise  constitute  a  defense  available  to, or discharge of,
Borrower  or  any  other  guarantor  of  all  or  any  part  of  the  Guaranteed
Indebtedness.

     (b)     This  Guaranty  shall continue to be effective or be reinstated, as
the case may be, if at any time any payment of all or any part of the Guaranteed
Indebtedness  is  rescinded  or  must  otherwise  be returned by Lender upon the
insolvency,  bankruptcy  or  reorganization  of  Borrower,  Guarantor, any other
guarantor  of  all or any part of the Guaranteed Indebtedness, or otherwise, all
as  though  such  payment  had  not  been  made.

     (c)     In  the event Borrower is a corporation, joint stock association or
partnership,  or  is  hereafter incorporated, none of the following shall affect
Guarantor's  liability hereunder: (i) the unenforceability of all or any part of
the  Guaranteed  Indebtedness  against  Borrower  by reason of the fact that the
Guaranteed  Indebtedness  exceeds  the  amount permitted by law; (ii) the act of
creating all or any part of the Guaranteed Indebtedness is ultra vires; or (iii)
the officers or partners creating all or any part of the Guaranteed Indebtedness
acted  in  excess  of  their  authority.  Guarantor  hereby  acknowledges  that
withdrawal  from,  or  termination of, any ownership interest in Borrower now or
hereafter owned or held by Guarantor shall not alter, affect or in any way limit
the  obligations  of  Guarantor  hereunder.

     8.     Actions  Against Guarantor. In the event of a default in the payment
            ---------------------------
or  performance  of  all  or  any  part of the Guaranteed Indebtedness when such
Guaranteed  Indebtedness  becomes  due, whether by its terms, by acceleration or
otherwise,  Guarantor  shall,  without notice or demand, promptly pay the amount
due thereon to Lender, in lawful money of the United States, at Lender's address
set  forth  in  Subparagraph  l(a)  above.  One or more successive or concurrent
                ------------------
actions  may  be  brought  against Guarantor, either in the same action in which
Borrower is sued or in separate actions, as often as Lender deems advisable. The
exercise by Lender of any right or remedy under this Guaranty or under any other
agreement  or  instrument,  at  law,  in equity or otherwise, shall not preclude
concurrent  or  subsequent  exercise of any other right or remedy. The books and
records  of  Lender  shall  be  admissible  as  evidence  in  any  action  or

                                        6
<PAGE>
proceeding  involving  this  Guaranty  and  shall be prima facie evidence of the
                                                     ----- -----
payments  made  on, and the outstanding balance of, the Guaranteed Indebtedness.

     9.     Payment  by  Guarantor.  Whenever Guarantor pays any sum which is or
            -----------------------
may  become  due under this Guaranty, written notice must be delivered to Lender
contemporaneously with such payment. Such notice shall be effective for purposes
of  this paragraph when contemporaneously with such payment Lender receives such
notice  either  by:    (a)  personal  delivery  to  the  address  and designated
department of Lender identified in Subparagraph l(a) above, or (b) United States
                                   -----------------
mail,  certified  or  registered,  return  receipt  requested,  postage prepaid,
addressed  to  Lender  at  the address shown in Subparagraph l(a) above.  In the
                                                -----------------
absence  of such notice to Lender by Guarantor in compliance with the provisions
hereof,  any  sum  received  by Lender on account of the Guaranteed Indebtedness
shall  be  conclusively  deemed  paid  by  Borrower.

     10.     Death  of  Guarantor.  In  the event of the death of Guarantor, the
             --------------------
obligations  of  the deceased Guarantor under this Guaranty shall continue as an
obligation  against his estate as to (a) all of the Guaranteed Indebtedness that
is  outstanding on the date of Guarantor's death, and any renewals or extensions
thereof,  and  (b) all loans, advances and other extensions of credit made to or
for  the  account of Borrower on or after the date of Guarantor's death pursuant
to  an  obligation  of  Lender  under  a  commitment  or  agreement described in
Subparagraph  l(d)  above  and  made  to  or  with Borrower prior to the date of
------------------
Guarantor's  death.   The  terms  and  conditions  of  this  Guaranty, including
without  limitation  the  consents  and waivers set forth in Paragraph 6 hereof,
                                                             -----------
shall  remain in effect with respect to the Guaranteed Indebtedness described in
the preceding sentence in the same manner as if Guarantor had not died.

     11.     Notice  of Sale. In the event that Guarantor is entitled to receive
             ---------------
any  notice  under  the  Uniform  Commercial  Code,  as  it  exists in the state
governing  any  such  notice, of the sale or other disposition of any collateral
securing  all  or  any  part  of  the  Guaranteed Indebtedness or this Guaranty,
reasonable  notice  shall  be  deemed given when such notice is deposited in the
United  States  mail, postage prepaid, at the address for Guarantor set forth in
Subparagraph  l(c)  above,  ten  (10) days prior to the date any public sale, or
------------------
after  which  any  private sale, of any such collateral is to be held; provided,
                                                                       --------
however,  that  notice  given  in  any  other  reasonable manner or at any other
-------
reasonable  time  shall  be  sufficient.

     12.     Waiver  by  Lender.    No delay on the part of Lender in exercising
             ------------------
any right hereunder or failure to exercise the same shall operate as a waiver of
such  right.  In no event shall any waiver of the provisions of this Guaranty be
effective  unless the same be in writing and signed by an officer of Lender, and
then  only  in  the  specific  instance  and  for  the  purpose  given.

     13.     Successors and Assigns. This Guaranty is for the benefit of Lender,
             ----------------------
its  successors  and  assigns.    This  Guaranty  is  binding upon Guarantor and
Guarantor's  heirs,  executors,  administrators,  personal  representatives  and
successors,  including  without  limitation  any  person  or entity obligated by
operation  of law upon the reorganization, merger, consolidation or other change
in  the  organizational  structure  of  Guarantor.

                                        7
<PAGE>
     14.     Costs  and  Expenses.  Guarantor  shall pay on demand by Lender all
             --------------------
costs and expenses, including without limitation all reasonable attorneys' fees,
incurred  by  Lender  in  connection  with  the  preparation,  administration,
enforcement  and/or collection of this Guaranty. This covenant shall survive the
payment  of  the  Guaranteed  Indebtedness.

     15.     Severability.   If  any  provision  of  this  Guaranty is held by a
             ------------
court  of  competent  jurisdiction to be illegal, invalid or unenforceable under
present  or  future  laws,  such  provision  shall be fully severable, shall not
impair or invalidate the remainder of this Guaranty and the effect thereof shall
be  confined  to  the  provision  held  to be illegal, invalid or unenforceable.

     16.     No  Obligation.  Nothing  contained herein shall be construed as an
             --------------
obligation  on  the  part  of  Lender  to extend or continue to extend credit to
Borrower.

     17.     Amendment.  No  modification  or amendment of any provision of this
             ---------
Guaranty,  nor  consent  to  any  departure  by  Guarantor  therefrom,  shall be
effective  unless  the  same  shall  be  in  writing and signed by an officer of
Lender,  and  then  shall be effective only in the specific instance and for the
purpose  for  which  given.

     18.     Cumulative  Rights. All rights and remedies of Lender hereunder are
             ------------------
cumulative  of  each  other  and of every other right or remedy which Lender may
otherwise have at law or in equity or under any instrument or agreement, and the
exercise of one or more of such rights or remedies shall not prejudice or impair
the  concurrent  or  subsequent  exercise  of  any  other  rights  or  remedies.

     19.     Governing  Law, Venue. This Guaranty is intended to be performed in
             ---------------------
the  State of Texas. Except to the extent that the laws of the United States may
apply  to  the  terms  hereof,  the substantive laws of the State of Texas shall
govern  the  validity,  construction,  enforcement  and  interpretation  of this
Guaranty.   In  the  event  of  a  dispute  involving this Guaranty or any other
instruments  executed in connection herewith, the undersigned irrevocably agrees
that  venue for such dispute shall lie in any court of competent jurisdiction in
Bexar  County,  Texas.

     20.     Compliance  with  Applicable  Usury Laws. Notwithstanding any other
             ----------------------------------------
provision  of  this  Guaranty  or  of  any  instrument  or agreement evidencing,
governing  or securing all or any part of the Guaranteed Indebtedness, Guarantor
and Lender by its acceptance hereof agree that Guarantor shall never be required
or  obligated  to  pay  interest in excess of the maximum non- usurious interest
rate  as  may  be  authorized  by applicable law for the written contracts which
constitute  the  Guaranteed  Indebtedness.  It is the intention of Guarantor and
Lender  to  conform  strictly to the applicable laws which limit interest rates,
and any of the aforesaid contracts for interest, if and to the extent payable by
Guarantor,  shall be held to be subject to reduction to the maximum non-usurious
interest  rate  allowed  under  said  law.

     21.     Gender. Within this Guaranty, words of any gender shall be held and
             ------
construed  to  include  the  other  gender.

                                        8
<PAGE>
     22.     Captions.  The  headings  in this Guaranty are for convenience only
             --------
and shall not define or limit the provisions hereof.

     EXECUTED as of the date first above written.

                                        GUARANTOR:
                                        ----------

                                        CCI TELECOM, INC.,
                                        a Nevada corporation

                                        By:
                                           -------------------------------------
                                             Michael J. Novak, President

                                        9
<PAGE>
                                   EXHIBIT E-3

                                       12
<PAGE>
[GRAPHIC OMITTED]
                              GUARANTY  AGREEMENT
                              -------------------

     THIS  GUARANTY  AGREEMENT ("Guaranty") is made as of the 25th day of April,
2005,  by  Guarantor  (as  hereinafter  defined)  for  the benefit of Lender (as
hereinafter  defined).

     1.     Definitions.  As  used  in  this Guaranty, the following terms shall
            -----------
have  the  meanings  indicated  below:

     (a)     The  term  "Lender"  shall mean THE FROST NATIONAL BANK, a national
banking  association,  whose  address  for  notice  purposes  is  the following:

                     P.O. Box 1600, San Antonio, Texas 78296
                               Attn:   Phil Dudley

     (b)     The term "Borrower" (whether one or more) shall mean the following:

              Charys Holding Company, Inc., a Delaware corporation

     (c)     The  term  "Guarantor" shall mean CCI Integrated Solutions, Inc., a
Texas  corporation,  whose  address  for  notice  purposes  is  the  following:

               19240 Red Land Road
               San Antonio, Bexar County, Texas 78257
               Attn: Michael J. Novak

     (d)     The  term  "Guaranteed Indebtedness" shall mean   (i) all principal
                         -----------------------
indebtedness owing by Borrower to Lender now existing or hereafter arising under
or  evidenced  by  that one certain Promissory Note dated April 25, 2005, in the
original  principal  amount  of $300,000.00, executed by Borrower and payable to
the  order  of  Lender  and,  (ii) all accrued but unpaid interest on any of the
indebtedness described in (i) above, (iii) all obligations of Borrower to Lender
under  any documents evidencing, securing, governing and/or pertaining to all or
any  part of the indebtedness described in (i) and (ii) above (collectively, the
"Loan  Documents"),  (iv)  all  costs  and  expenses  incurred  by  Lender  in
connection  with  the  collection  and  administration of all or any part of the
indebtedness  and  obligations  described  in  (i),  (ii) and (iii) above or the
protection  or preservation of, or realization upon, the collateral securing all
or  any  part of such indebtedness and obligations, including without limitation
all  reasonable attorneys' fees, and (v) all renewals, extensions, modifications
and  rearrangements  of the indebtedness and obligations described in (i), (ii),
(iii)  and  (iv)  above.

     2.     Obligations.  As  an  inducement  to Lender to extend or continue to
            -----------
extend  credit  and  other  financial accommodations to Borrower, Guarantor, for
value  received, does hereby unconditionally and absolutely guarantee the prompt
and  full  payment  and  performance  of the Guaranteed Indebtedness when due or
declared  to  be  due  and  at  all  times  thereafter.

<PAGE>
     3.     Character of Obligations.
            ------------------------

     (a)     This  is  an  absolute,  continuing  and  unconditional guaranty of
payment  and  not of collection and if at any time or from time to time there is
no  outstanding  Guaranteed  Indebtedness,  the  obligations  of  Guarantor with
respect  to any and all Guaranteed Indebtedness incurred thereafter shall not be
affected.   This  Guaranty  and  the  Guarantor's  obligations  hereunder  are
irrevocable  and,  in  the  event  of  Guarantor's  death, shall be binding upon
Guarantor's  estate.  All  of  the Guaranteed Indebtedness shall be conclusively
presumed to have been made or acquired in acceptance hereof.  Guarantor shall be
liable,  jointly  and severally, with Borrower and any other guarantor of all or
any  part  of  the  Guaranteed  Indebtedness.

     (b)     Lender may, at its sole discretion and without impairing its rights
hereunder,  (i)  apply  any  payments on the Guaranteed Indebtedness that Lender
receives  from Borrower or any other source other than Guarantor to that portion
of the Guaranteed Indebtedness, if any, not guaranteed hereunder, and (ii) apply
any  proceeds it receives as a result of the foreclosure or other realization on
any  collateral  for the Guaranteed Indebtedness to that portion, if any, of the
Guaranteed  Indebtedness  not  guaranteed hereunder or to any other indebtedness
secured  by  such  collateral.

     (c)     Guarantor  agrees  that  its  obligations  hereunder  shall  not be
released,  diminished,  impaired,  reduced  or  affected by the existence of any
other  guaranty  or the payment by any other guarantor of all or any part of the
Guaranteed  Indebtedness  and,  in  the event Paragraph 2 above partially limits
                                              -----------
Guarantor's  obligations  under this Guaranty, Guarantor's obligations hereunder
shall  continue  until  Lender  has  received  payment in full of the Guaranteed
Indebtedness.

     (d)     Guarantor's  obligations  hereunder  shall  not  be  released,
diminished,  impaired, reduced or affected by, nor shall any provision contained
herein  be deemed to be a limitation upon, the amount of credit which Lender may
extend  to  Borrower,  the  number  of transactions between Lender and Borrower,
payments  by  Borrower to Lender or Lender's allocation of payments by Borrower.

     (e)     Without  further  authorization  from  or  notice  to   Guarantor,
Lender  may  compromise,  accelerate,  or otherwise alter the time or manner for
the  payment  of  the  Guaranteed  Indebtedness,  increase or reduce the rate of
interest  thereon, or release or add any one or more guarantors or endorsers, or
allow  substitution of or withdrawal of collateral or other security and release
collateral  and  other  security  or  subordinate  the  same.

     4.     Representations  and  Warranties.   Guarantor  hereby represents and
            --------------------------------
warrants  the  following  to  Lender:

     (a)     This  Guaranty  may  reasonably be expected to benefit, directly or
indirectly,  Guarantor,  and  (i)  if  Guarantor  is a corporation, the Board of
Directors  of  Guarantor  has  determined  that  this Guaranty may reasonably be
expected  to benefit, directly or indirectly, Guarantor, or (ii) if Guarantor is
a  partnership,  the  requisite  number  of  its  partners  have

                                        2
<PAGE>
determined that this Guaranty may reasonably be expected to benefit, directly or
indirectly,  Guarantor;  and

     (b)     Guarantor  is  familiar  with,  and  has independently reviewed the
books and records regarding, the financial condition of Borrower and is familiar
with the value of any and all collateral intended to be security for the payment
of  all or any part of the Guaranteed Indebtedness; provided, however, Guarantor
is  not  relying  on  such financial condition or collateral as an inducement to
enter  into  this  Guaranty;  and

     (c)     Guarantor  has  adequate  means  to  obtain  from  Borrower  on  a
continuing  basis information concerning the financial condition of Borrower and
Guarantor  is  not  relying  on  Lender to provide such information to Guarantor
either  now  or  in  the  future;  and

     (d)     Guarantor  has  the  power  and  authority  to execute, deliver and
perform  this  Guaranty  and  any  other  agreements  executed  by  Guarantor
contemporaneously  herewith, and the execution, delivery and performance of this
Guaranty  and  any  other  agreements  executed  by  Guarantor contemporaneously
herewith  do  not  and will not violate (i) any agreement or instrument to which
Guarantor  is  a  party,  (ii)  any  law,  rule,  regulation  or  order  of  any
governmental  authority  to which Guarantor is subject, or (iii) its articles or
certificate  of  incorporation  or bylaws, if Guarantor is a corporation, or its
partnership  agreement,  if  Guarantor  is  a  partnership;  and

     (e)     Neither  Lender  nor  any  other party has made any representation,
warranty  or statement to Guarantor in order to induce Guarantor to execute this
Guaranty;  and

     (f)     The  financial statements and other financial information regarding
Guarantor heretofore and hereafter delivered to Lender are and shall be true and
correct  in  all  material respects and fairly present the financial position of
Guarantor  as  of the dates thereof, and no material adverse change has occurred
in  the  financial  condition of Guarantor reflected in the financial statements
and  other  financial  information  regarding  Guarantor heretofore delivered to
Lender  since  the  date  of  the  last  statement  thereof;  and

     (g)     As of the date hereof, and after giving effect to this Guaranty and
the obligations evidenced hereby, (i) Guarantor is and will be solvent, (ii) the
fair  saleable  value  of Guarantor's assets exceeds and will continue to exceed
its  liabilities  (both  fixed  and  contingent),  (iii)  Guarantor  is and will
continue  to  be  able to pay its debts as they mature, and (iv) if Guarantor is
not an individual, Guarantor has and will continue to have sufficient capital to
carry  on  its  business  and  all  businesses  in  which it is about to engage.

     5.     Covenants.  Guarantor  hereby  covenants  and  agrees with Lender as
            ---------
follows:

     (a)     Guarantor shall not, so long as its obligations under this Guaranty
continue,  transfer  or  pledge any material portion of its assets for less than
full  and  adequate  consideration;  and

                                        3
<PAGE>
     (b)     Guarantor  shall  promptly  furnish  to Lender at any time and from
time  to  time  such  financial  statements  and  other financial information of
Guarantor  as  the  Lender  may  require,  in form and substance satisfactory to
Lender;  and

     (c)     Guarantor  shall  comply  with all terms and provisions of the Loan
Documents  that  apply  to  Guarantor;  and

     (d)     Guarantor  shall  promptly  inform  Lender of (i) any litigation or
governmental  investigation  against Guarantor or affecting any security for all
or any part of the Guaranteed Indebtedness or this Guaranty which, if determined
adversely,  might have a material adverse effect upon the financial condition of
Guarantor  or  upon such security or might cause a default under any of the Loan
Documents,  (ii) any claim or controversy which might become the subject of such
litigation  or governmental investigation, and (iii) any material adverse change
in  the  financial  condition  of  Guarantor.

     6.     Consent  and  Waiver.
            --------------------

     (a)     Guarantor waives (i) promptness, diligence and notice of acceptance
of  this Guaranty and notice of the incurring of any obligation, indebtedness or
liability to which this Guaranty applies or may apply and waives presentment for
payment,  notice  of  nonpayment,  protest, demand, notice of protest, notice of
intent  to  accelerate, notice of acceleration, notice of dishonor, diligence in
enforcement  and  indulgences  of  every  kind, and (ii) the taking of any other
action  by  Lender, including without limitation giving any notice of default or
any  other  notice to, or making any demand on, Borrower, any other guarantor of
all  or  any  part  of  the  Guaranteed  Indebtedness  or  any  other  party.

     (b)     Guarantor  waives  any  rights  Guarantor  has  under,  or  any
requirements  imposed by, Chapter 34 of the Texas Business and Commerce Code, as
in  effect  on  the  date  of this Guaranty or as it may be amended from time to
time.

     (c)     Lender  may  at  any  time,  without  the  consent  of or notice to
Guarantor,  without incurring responsibility to Guarantor and without impairing,
releasing,  reducing  or  affecting the obligations of Guarantor hereunder:  (i)
change  the  manner,  place  or  terms  of  payment  of  all  or any part of the
Guaranteed Indebtedness, or renew, extend, modify, rearrange or alter all or any
part  of  the Guaranteed Indebtedness; (ii) change the interest rate accruing on
any  of the Guaranteed Indebtedness (including, without limitation, any periodic
change  in  such  interest rate that occurs because such Guaranteed Indebtedness
accrues  interest  at  a  variable  rate which may fluctuate from time to time);
(iii) sell, exchange, release, surrender, subordinate, realize upon or otherwise
deal  with  in any manner and in any order any collateral for all or any part of
the  Guaranteed  Indebtedness or this Guaranty or setoff against all or any part
of  the  Guaranteed  Indebtedness;  (iv) neglect, delay, omit, fail or refuse to
take  or  prosecute  any  action  for  the

                                        4
<PAGE>
collection of all or any part of the Guaranteed Indebtedness or this Guaranty or
to  take  or  prosecute any action in connection with any of the Loan Documents;
(v)  exercise  or refrain from exercising any rights against Borrower or others,
or  otherwise  act  or refrain from acting; (vi) settle or compromise all or any
part  of  the  Guaranteed Indebtedness and subordinate the payment of all or any
part  of  the  Guaranteed  Indebtedness  to  the  payment  of  any  obligations,
indebtedness  or liabilities which may be due or become due to Lender or others;
(vii)  apply  any deposit balance, fund, payment, collections through process of
law  or  otherwise  or  other  collateral  of  Borrower  to the satisfaction and
liquidation  of  the  indebtedness  or  obligations  of  Borrower  to Lender not
guaranteed  under  this  Guaranty;  and  (viii) apply any sums paid to Lender by
Guarantor,  Borrower  or others to the Guaranteed Indebtedness in such order and
manner  as  Lender,  in  its  sole  discretion,  may  determine.

     (d)     Should  Lender  seek  to  enforce  the  obligations  of  Guarantor
hereunder by action in any court or otherwise, Guarantor waives any requirement,
substantive  or procedural, that (i) Lender first enforce any rights or remedies
against  Borrower  or any other person or entity liable to Lender for all or any
part  of  the  Guaranteed  Indebtedness,  including  without  limitation  that a
judgment  first  be  rendered against Borrower or any other person or entity, or
that  Borrower  or any other person or entity should be joined in such cause, or
(ii)  Lender  first  enforce rights against any collateral which shall ever have
been  given  to  secure  all  or any part of the Guaranteed Indebtedness or this
Guaranty.   Such  waiver  shall  be  without prejudice to Lender's right, at its
option,  to  proceed  against Borrower or any other person or entity, whether by
separate  action  or  by  joinder.

     (e)     In  addition  to  any  other  waivers,  agreements and covenants of
Guarantor  set  forth  herein,  Guarantor hereby further waives and releases all
claims,  causes  of  action,  defenses  and  offsets  for any act or omission of
Lender,  its  directors,  officers,  employees,  representatives  or  agents  in
connection  with  Lender's administration of the Guaranteed Indebtedness, except
for  Lender's  willful  misconduct  and  gross  negligence.

     (f)     Guarantor  grants to Lender a contractual security interest in, and
hereby  assigns,  conveys,  delivers,  pledges  and  transfers  to  Lender  all
Guarantor's right, title and interest in and to Guarantor's accounts with Lender
(whether  checking, savings or some other account), including without limitation
all  accounts held jointly with someone else and all accounts Guarantor may open
in  the  future,  excluding  however  all  IRA and Keogh accounts, and all trust
accounts  for which the grant of a security interest would be prohibited by law.
Guarantor  authorizes  Lender,  to  the  extent  permitted by applicable law, to
charge  or  setoff all sums owing on the Guaranteed Indebtedness against any and
all  such  accounts.

     7.     Obligations  Not  Impaired.
            --------------------------

     (a)     Guarantor  agrees  that  its  obligations  hereunder  shall  not be
released, diminished, impaired, reduced or affected by the occurrence of any one
or  more of the following events: (i) the death, disability or lack of corporate
power  of Borrower, Guarantor (except as provided in Paragraph 10 herein) or any
                                                     ------------
other  guarantor  of  all  or  any  part  of  the  Guaranteed Indebtedness, (ii)

                                        5
<PAGE>
any  receivership,  insolvency,  bankruptcy  or  other  proceedings  affecting
Borrower,  Guarantor or any other guarantor of all or any part of the Guaranteed
Indebtedness,  or  any  of their respective property; (iii) the partial or total
release  or  discharge  of Borrower or any other guarantor of all or any part of
the  Guaranteed Indebtedness, or any other person or entity from the performance
of any obligation contained in any instrument or agreement evidencing, governing
or securing all or any part of the Guaranteed Indebtedness, whether occurring by
reason  of  law or otherwise; (iv) the taking or accepting of any collateral for
all  or any part of the Guaranteed Indebtedness or this Guaranty; (v) the taking
or  accepting  of  any  other  guaranty  for  all  or any part of the Guaranteed
Indebtedness;  (vi)  any  failure  by Lender to acquire, perfect or continue any
lien  or  security  interest  on  collateral  securing  all  or  any part of the
Guaranteed Indebtedness or this Guaranty; (vii) the impairment of any collateral
securing all or any part of the Guaranteed Indebtedness or this Guaranty; (viii)
any  failure  by  Lender  to sell any collateral securing all or any part of the
Guaranteed  Indebtedness or this Guaranty in a commercially reasonable manner or
as  otherwise  required  by  law;  (ix) any invalidity or unenforceability of or
defect or deficiency in any of the Loan Documents; or (x) any other circumstance
which  might  otherwise  constitute  a  defense  available  to, or discharge of,
Borrower  or  any  other  guarantor  of  all  or  any  part  of  the  Guaranteed
Indebtedness.

     (b)     This  Guaranty  shall continue to be effective or be reinstated, as
the case may be, if at any time any payment of all or any part of the Guaranteed
Indebtedness  is  rescinded  or  must  otherwise  be returned by Lender upon the
insolvency,  bankruptcy  or  reorganization  of  Borrower,  Guarantor, any other
guarantor  of  all or any part of the Guaranteed Indebtedness, or otherwise, all
as  though  such  payment  had  not  been  made.

     (c)     In  the event Borrower is a corporation, joint stock association or
partnership,  or  is  hereafter incorporated, none of the following shall affect
Guarantor's  liability hereunder: (i) the unenforceability of all or any part of
the  Guaranteed  Indebtedness  against  Borrower  by reason of the fact that the
Guaranteed  Indebtedness  exceeds  the  amount permitted by law; (ii) the act of
creating all or any part of the Guaranteed Indebtedness is ultra vires; or (iii)
the officers or partners creating all or any part of the Guaranteed Indebtedness
acted  in  excess  of  their  authority.  Guarantor  hereby  acknowledges  that
withdrawal  from,  or  termination of, any ownership interest in Borrower now or
hereafter owned or held by Guarantor shall not alter, affect or in any way limit
the  obligations  of  Guarantor  hereunder.

     8.     Actions  Against Guarantor. In the event of a default in the payment
            --------------------------
or  performance  of  all  or  any  part of the Guaranteed Indebtedness when such
Guaranteed  Indebtedness  becomes  due, whether by its terms, by acceleration or
otherwise,  Guarantor  shall,  without notice or demand, promptly pay the amount
due thereon to Lender, in lawful money of the United States, at Lender's address
set  forth  in  Subparagraph  l(a)  above.  One or more successive or concurrent
                ------------------
actions  may  be  brought  against Guarantor, either in the same action in which
Borrower is sued or in separate actions, as often as Lender deems advisable. The
exercise by Lender of any right or remedy under this Guaranty or under any other
agreement  or  instrument,  at  law,  in equity or otherwise, shall not preclude
concurrent  or  subsequent  exercise of any other right or remedy. The books and
records  of  Lender  shall  be  admissible  as  evidence  in  any  action  or

                                        6
<PAGE>
proceeding  involving  this  Guaranty  and  shall be prima facie evidence of the
                                                     ----- -----
payments  made  on, and the outstanding balance of, the Guaranteed Indebtedness.

     9.     Payment  by Guarantor.   Whenever Guarantor pays any sum which is or
            ---------------------
may  become  due under this Guaranty, written notice must be delivered to Lender
contemporaneously  with  such  payment.    Such  notice  shall  be effective for
purposes  of  this  paragraph  when  contemporaneously  with such payment Lender
receives  such  notice  either  by:    (a)  personal delivery to the address and
designated  department  of  Lender identified in Subparagraph l(a) above, or (b)
                                                 -----------------
United  States  mail, certified or registered, return receipt requested, postage
prepaid,  addressed  to  Lender at the address shown in Subparagraph l(a) above.
                                                        -----------------
In  the  absence  of  such  notice to Lender by Guarantor in compliance with the
provisions  hereof,  any  sum  received  by  Lender on account of the Guaranteed
Indebtedness  shall  be  conclusively  deemed  paid  by  Borrower.

     10.     Death  of  Guarantor.  In  the event of the death of Guarantor, the
             --------------------
obligations  of  the deceased Guarantor under this Guaranty shall continue as an
obligation  against his estate as to (a) all of the Guaranteed Indebtedness that
is  outstanding on the date of Guarantor's death, and any renewals or extensions
thereof,  and  (b) all loans, advances and other extensions of credit made to or
for  the  account of Borrower on or after the date of Guarantor's death pursuant
to  an  obligation  of  Lender  under  a  commitment  or  agreement described in
Subparagraph  l(d)  above  and  made  to  or  with Borrower prior to the date of
------------------
Guarantor's  death.   The  terms  and  conditions  of  this  Guaranty, including
without  limitation  the  consents  and waivers set forth in Paragraph 6 hereof,
                                                             -----------
shall  remain in effect with respect to the Guaranteed Indebtedness described in
the  preceding  sentence  in  the  same  manner  as  if  Guarantor had not died.

     11.     Notice  of Sale. In the event that Guarantor is entitled to receive
             ---------------
any  notice  under  the  Uniform  Commercial  Code,  as  it  exists in the state
governing  any  such  notice, of the sale or other disposition of any collateral
securing  all  or  any  part  of  the  Guaranteed Indebtedness or this Guaranty,
reasonable  notice  shall  be  deemed given when such notice is deposited in the
United  States  mail, postage prepaid, at the address for Guarantor set forth in
Subparagraph  l(c)  above,  ten  (10) days prior to the date any public sale, or
------------------
after  which  any  private sale, of any such collateral is to be held; provided,
                                                                       --------
however,  that  notice  given  in  any  other  reasonable manner or at any other
-------
reasonable  time  shall  be  sufficient.

     12.     Waiver  by Lender. No delay on the part of Lender in exercising any
             -----------------
right  hereunder  or  failure  to exercise the same shall operate as a waiver of
such  right.  In no event shall any waiver of the provisions of this Guaranty be
effective  unless the same be in writing and signed by an officer of Lender, and
then  only  in  the  specific  instance  and  for  the  purpose  given.

     13.     Successors and Assigns. This Guaranty is for the benefit of Lender,
             ----------------------
its  successors  and  assigns.  This  Guaranty  is  binding  upon  Guarantor and
Guarantor's  heirs,  executors,  administrators,  personal  representatives  and
successors,  including  without  limitation  any  person  or entity obligated by
operation  of law upon the reorganization, merger, consolidation or other change
in  the  organizational  structure  of  Guarantor.

                                        7
<PAGE>
     14.     Costs  and  Expenses.   Guarantor shall pay on demand by Lender all
             --------------------
costs and expenses, including without limitation all reasonable attorneys' fees,
incurred  by  Lender  in  connection  with  the  preparation,  administration,
enforcement  and/or collection of this Guaranty. This covenant shall survive the
payment  of  the  Guaranteed  Indebtedness.

     15.     Severability.   If  any  provision  of  this  Guaranty is held by a
             ------------
court  of  competent  jurisdiction to be illegal, invalid or unenforceable under
present  or  future  laws,  such  provision  shall be fully severable, shall not
impair or invalidate the remainder of this Guaranty and the effect thereof shall
be  confined  to  the  provision  held  to be illegal, invalid or unenforceable.

     16.     No  Obligation.  Nothing  contained herein shall be construed as an
             --------------
obligation  on  the  part  of  Lender  to extend or continue to extend credit to
Borrower.

     17.     Amendment.  No  modification  or amendment of any provision of this
             ---------
Guaranty,  nor  consent  to  any  departure  by  Guarantor  therefrom,  shall be
effective  unless  the  same  shall  be  in  writing and signed by an officer of
Lender,  and  then  shall be effective only in the specific instance and for the
purpose  for  which  given.

     18.     Cumulative  Rights. All rights and remedies of Lender hereunder are
             ------------------
cumulative  of  each  other  and of every other right or remedy which Lender may
otherwise have at law or in equity or under any instrument or agreement, and the
exercise of one or more of such rights or remedies shall not prejudice or impair
the  concurrent  or  subsequent  exercise  of  any  other  rights  or  remedies.

     19.     Governing  Law, Venue. This Guaranty is intended to be performed in
             ---------------------
the  State of Texas. Except to the extent that the laws of the United States may
apply  to  the  terms  hereof,  the substantive laws of the State of Texas shall
govern  the  validity,  construction,  enforcement  and  interpretation  of this
Guaranty.   In  the  event  of  a  dispute  involving this Guaranty or any other
instruments  executed in connection herewith, the undersigned irrevocably agrees
that  venue for such dispute shall lie in any court of competent jurisdiction in
Bexar  County,  Texas.

     20.     Compliance  with  Applicable  Usury Laws. Notwithstanding any other
             ----------------------------------------
provision  of  this  Guaranty  or  of  any  instrument  or agreement evidencing,
governing  or securing all or any part of the Guaranteed Indebtedness, Guarantor
and Lender by its acceptance hereof agree that Guarantor shall never be required
or  obligated  to  pay  interest in excess of the maximum non- usurious interest
rate  as  may  be  authorized  by applicable law for the written contracts which
constitute  the  Guaranteed  Indebtedness.  It is the intention of Guarantor and
Lender  to  conform  strictly to the applicable laws which limit interest rates,
and any of the aforesaid contracts for interest, if and to the extent payable by
Guarantor,  shall be held to be subject to reduction to the maximum non-usurious
interest  rate  allowed  under  said  law.

     21.     Gender. Within this Guaranty, words of any gender shall be held and
             ------
construed  to  include  the  other  gender.

                                        8
<PAGE>
     22.     Captions.  The  headings  in this Guaranty are for convenience only
             --------
and  shall  not  define  or  limit  the  provisions  hereof.

     EXECUTED as of the date first above written.

                                        GUARANTOR:
                                        ----------

                                        CCI INTEGRATED SOLUTIONS, INC.,
                                        a Texas corporation

                                        By:
                                           -------------------------------------
                                             Michael J. Novak, President

                                        9
<PAGE>
                                   EXHIBIT E-4

                                       13
<PAGE>REAL ESTATE CONTRACT OF SALE

     THIS  AGREEMENT  ("Contract")  is  entered into by and between CCI Telecom,
Inc., a Nevada corporation ("Seller"), and Gur Parsaad Properties, Ltd., a Texas
limited  partnership  ("Purchaser").

                              W I T N E S S E T H:

     FOR  AND  IN  CONSIDERATION  of  the  promises,  undertakings,  and  mutual
covenants  of  the  parties  herein  set  forth,  and  subject  to the terms and
conditions  hereof,  Seller hereby agrees to sell and Purchaser hereby agrees to
purchase  and  pay  for  all  that  certain  property  hereinafter  described in
accordance  with  the  following  terms  and  conditions:

     1.     PROPERTY.  The  property  to  be  conveyed by Seller to Purchaser at
            --------
Closing  shall  be  comprised  of  the  following:

     All of Lot 1, Block 1, New City Block 17865, CRAIGHEAD ESTATES SUBDIVISION,
     in  the  City  of San Antonio, Bexar County, Texas (the "Land"), being more
     particularly  described  on  Exhibit  "A"  attached  hereto and made a part
                                  -----------
     hereof,  together  with  any and all improvements situated on the Land (the
     "Improvements");  and  all  right, title and interest of Seller, if any, in
     and  to  any  and  all  appurtenances,  strips  or gores, roads, easements,
     streets,  and  rights-of-way bounding the Land; all utility capacity, water
     rights,  licenses,  permits, entitlements, and bonds, if any, and all other
     rights and benefits attributable to the Land; and all rights of ingress and
     egress  thereto  (collectively,  the  "Additional  Interests").

     The  Land,  Improvements  and  any  Additional  Interests  described in the
preceding  paragraph  are  hereinafter  sometimes  collectively  called  the
"Property."  Purchaser  understands  and  agrees  that  Seller  has the right to
purchase  the  Property  from the record title holder as of the date hereof, CCI
Associates,  Ltd.  ("Associates"),  but  Seller does not own record title to the
Property  as  of  the date hereof.  Purchaser understands that Seller intends to
acquire  record title to the Property from Associates contemporaneously with the
Closing  provided  for  hereunder.

     2.     PURCHASE  PRICE. The purchase price ("Purchase Price") to be paid by
            ---------------
Purchaser to Seller for the Property shall be the sum of Two Million Two Hundred
Thousand  and  No/100  Dollars  ($2,200,000.00).  The  Purchase  Price  shall be
payable to Seller by wire transfer of immediately available federal funds to the
Title  Company  for  payment  to  Seller  at  Closing.

     3.     TITLE COMPANY.   The title company closing this transaction shall be
            -------------
Presidio  Title  LLC,  Attention:  Ron  Bates, 7373 Broadway, San Antonio, Texas
78209  ("Title  Company").

     4.     DUE DILIGENCE DOCUMENTS. The following documents have been delivered
            -----------------------
to  Purchaser:

          (a)     Title  Commitment.  A current (dated April 1, 2005) commitment
                  -----------------
by  Title Company (the "Title Commitment") for the issuance of an owner's policy
of  title  insurance  to

                                        1
<PAGE>
the  Purchaser,  together  with  good  and  legible  copies  of  all  documents
constituting  exceptions  to  title  as  reflected  in  the  Title  Commitment.

          (b)     Survey.  Seller  has  previously  caused  to  be  delivered to
                  ------
Purchaser  a current survey (referred to herein as the "Survey") of the Property
dated  April  14,  2005  and  prepared  by  Joseph  H.  Cash  II,  a  registered
professional  land  surveyor,  of  Cash  Surveying,  Inc.

          (c)     Environmental  Study.  Seller  has  previously  delivered  to
                  --------------------
Purchaser  a  Phase  One  Environmental  Site  Assessment  dated  April 8, 2005,
prepared  by  A.  Denese  Huntsberry,  R.E.M.  of  Clean Environments, Inc. (the
"Environmental  Study").

          (d)     Review  of  Title, Survey and Environmental Study. All matters
                  -------------------------------------------------
shown  under  Exhibit  "B"  to  this  Contract,  under  Schedule  B of the Title
Commitment,  and  by the Survey to which Purchaser has not objected or Purchaser
has  waived as provided herein shall be considered to be "Permitted Exceptions."
Notwithstanding  the  foregoing,  under  no  circumstances  shall  Purchaser  be
required  to  object  to any existing liens reflected in the Title Commitment or
other  matters  shown on Schedule "C" thereto, all of which (except for the lien
or  liens  for  taxes not yet due and payable) shall be released or satisfied by
Seller  at  its  expense  out  of  the  Purchase  Price  at  Closing.

     5.     INSPECTION  RIGHT.  Purchaser  has  been  given  the  opportunity to
            -----------------
inspect  the  condition of the Property and to perform such other investigations
as  Purchaser  elected  in  its  sole  discretion.

     6.     REPRESENTATIONS,  WARRANTIES  AND  COVENANTS  OF  SELLER. Seller and
            --------------------------------------------------------
Associates  represent  and  warrant  to  Purchaser  that,  contingent  upon  the
conveyance  of  the  Property  from  Associates  to  Seller, Seller will have at
closing  record  title to the Property, and that at Closing, such title shall be
free  and  clear  of  all  liens,  encumbrances,  covenants,  restrictions,
rights-of-way,  easements,  leases  and other matters affecting title except for
the  Permitted  Exceptions.  Seller further represents and warrants to Purchaser
that  the  Property  will  be  transferred  to  Purchaser  free and clear of any
management,  service  or  other contractual obligations other than the Permitted
Exceptions.

     Seller  and  Associates  hereby  further represent and warrant to Purchaser
that,  to  Seller's  actual  knowledge:

          (a)     No  Actions.  There  are  no  actions,  suits  or  proceedings
                  -----------
pending  or, to the best of Seller's knowledge, threatened against Associates or
otherwise  affecting any portion of the Property, at law or in equity, or before
or  by  any  federal,  state, municipal or other governmental court, department,
commission,  board,  bureau,  agency  or  instrumentality,  domestic or foreign.

          (b)     Authority.  The  execution  by Seller of this Contract and the
                  ---------
consummation  by  Seller  of  the  sale  contemplated  hereby  have  been  duly
authorized,  and  do not, and, at the Closing Date, will not, result in a breach
of  any  of  the  terms  or  provisions  of,  or  constitute a default under any
indenture,  agreement, instrument or obligation to which Seller is a party or by
which  the  Property  or  any  portion  thereof  is  bound.

                                        2
<PAGE>
          (c)     Compliance  with  Laws.  The  Property  complies  with  all
                  ----------------------
applicable  laws  and ordinances, and the present maintenance, operation and use
of  the  Property  does  not  violate  any  environmental,  zoning, subdivision,
building  or  similar  law,  ordinance,  code, regulation or governmental permit
affecting  the  Property.

          (d)     Environmental.
                  -------------

               (i)     During the period that Associates has owned the Property,
to  the  best  of  Seller's  knowledge,  there  has been no storage, production,
transportation,  disposal,  treatment  or  release of any solid waste, hazardous
waste,  toxic  substance,  or  any other pollutants or contaminants (hereinafter
collectively  referred  to as "Pollutants") on or in the Property and Associates
has  complied with all applicable local, state or federal environmental laws and
regulations.

               (ii)     To  the best of Seller's knowledge, prior to Associates'
acquisition  of  the  Property there was no storage, production, transportation,
disposal, treatment or release of any Pollutants on or in the Property.

               (iii)     To  the  best of Seller's knowledge, there have been no
Pollutants  on  or in neighboring properties, which, through soil or groundwater
migration,  could  have  moved  to  the  Property.

          (e)     Condemnation.  To  the  best knowledge of Seller, there are no
                  ------------
pending  or  threatened  condemnation  or  similar  proceedings  affecting  the
Property.

     Seller  and  Associates  make  all  of  the  representations and warranties
contained  in  this Paragraph 6 both as of the date hereof and as of the Closing
Date and all representations and warranties shall survive Closing.  For purposes
of this Contract and any document delivered at Closing, whenever the phrases "to
the  best  of  Seller's  knowledge",  "to the actual knowledge of Seller" or the
"knowledge"  of Seller or words of similar import are used, they shall be deemed
to  refer to the current, actual, conscious knowledge only, and not any implied,
imputed  or constructive knowledge, without any independent investigation having
been  made  or  any  implied  duty to investigate, of Michael J. Novak and Roger
Benavides,  who  are  executive  officers  of  CCI.

     7.     CLOSING.  The  closing ("Closing") hereunder shall take place at the
            -------
offices  of  the  Title Company at 9:00 a.m. on April 29, 2005 ("Closing Date").

     8.     SELLER'S  OBLIGATIONS  AT  CLOSING.  At  the  Closing,  Seller shall
            ----------------------------------
furnish  or  deliver  to  Purchaser,  at  Seller's  sole  cost  and expense, the
following:

          (a)     Deed.  A  general  warranty  deed  covering the Property, duly
                  ----
signed and acknowledged by Seller, which deed shall be in substantially the form
promulgated  by  the  State  Bar of Texas and otherwise reasonably acceptable to
Purchaser,  and shall convey to Purchaser good and indefeasible fee simple title
to  the  Property free and clear of all liens, rights-of-way, easements, leases,
and  other  matters  affecting  title  to  the Property except for the Permitted
Exceptions.

                                        3
<PAGE>
          (b)     Assignment and Bill of Sale.  A blanket assignment and bill of
                  ---------------------------
sale,  duly  signed  and  acknowledged  by  Seller,  assigning  and conveying to
Purchaser  title  to  all  personal  property  covered by this Contract, and all
warranties  pertaining  thereto,  and  the  lessor's  interest  in  all  leases
encumbering the Property, in a form reasonably acceptable to Purchaser, free and
clear  of  all  liens  and  encumbrances,  other  than the Permitted Exceptions.

          (c)     Title  Policy.  An  Owner's  Policy  of  Title  Insurance (the
                  -------------
"Title  Policy") issued by the Title Company, on the standard form in use in the
State  of Texas, insuring good and indefeasible fee simple title to the Property
in  the  Purchaser,  in  the  amount  of the Purchase Price, subject only to the
Permitted  Exceptions  and  the  standard  printed  exceptions  therein, except:

               (i)     The  exception  relating  to  restrictions  against  the
Property  shall  be  deleted, except for such restrictions as may be included in
the  Permitted  Exceptions;

               (ii)     The  exception  relating  to standby fees and ad valorem
taxes  shall  except  only  to  taxes  owing for the current year and subsequent
assessments  for  prior  years  due  to  change  in land usage or ownership; and

               (iii)     The  survey  exception shall, at Purchaser's option, be
deleted  except  "shortages  in  area"  at  Purchaser's  sole  cost and expense.

          (d)     Evidence  of  Authority.  Such  evidence or other documents as
                  -----------------------
may  be  reasonably  required  by  Purchaser or the Title Company evidencing the
status and capacity of Seller and the authority of the person or persons who are
executing  the various documents on behalf of Seller in connection with the sale
of  the  Property.

          (e)     Non-Foreign  Affidavit.  A non-withholding statement that will
                  ----------------------
satisfy  the  requirements  of Section 1445 of the Internal Revenue Code so that
Purchaser  is  not  required  to  withhold any portion of the purchase price for
payment  to  the  Internal  Revenue  Service.

          (f)     Other  Documents.  Such  other  documents as the Title Company
                  ----------------
may  reasonably  require  to  consummate  this  transaction.

     9.     PURCHASER'S OBLIGATIONS AT CLOSING.  At the Closing, Purchaser shall
            ----------------------------------
deliver to Seller, at Purchaser's sole cost and expense, the following:

          (a)     Purchase  Price.  The  Purchase  Price  via  wire  transfer of
                  ---------------
immediately  available  federal  funds.

          (b)     Other  Documents.  Such  other  documents as the Title Company
                  ----------------
may  reasonably  require  to  consummate  this  transaction.

          (c)     Evidence  of Authority.  Such evidence or other documents that
                  ----------------------
may  be reasonably required by Seller or the Title Company evidencing the status
and  capacity  of  Purchaser  and the authority of the person or persons who are
executing  the  various  documents on behalf of Purchaser in connection with the
purchase  of  the  Property.

                                        4
<PAGE>
     10.     COSTS  AND  ADJUSTMENTS.
             -----------------------

          (a)     Taxes  and  Closing  Costs.  All  ordinary real property taxes
                  --------------------------
levied  or  assessed  against  the  Property by the city, county, state or other
taxing  authority shall be prorated between Purchaser and Seller on the basis of
the  latest available tax assessments.  The apportionment of taxes shall be upon
the  basis  of  the  tax rate for the last preceding year (if the current year's
statements  are  not  available)  applied  to the latest assessed valuation, and
adjustments in the prorations shall be made if necessary upon receipt of the tax
statements  for  the year of Closing, and both parties agree that payment of the
amount of such adjustments shall be made within ten (10) days of receipt of such
tax  statements  for  the year of Closing.  Seller shall pay for the cost of the
title  policy  delivered  to  Purchaser,  tax  certificates, and one-half of the
escrow  fees  charged by Title Company.  Purchaser shall pay any fees charged by
Purchaser's  lender,  if  any,  including any mortgagee title policy required in
connection  therewith, the premium for the "Shortages in Area" deletion (if such
deletion  is  desired  by Purchaser), and one-half of the escrow fees charged by
Title  Company.  Seller and Purchaser shall each be responsible for the fees and
expenses  of  their respective attorneys, except that Seller shall pay the first
Ten  Thousand  Dollars  ($10,000.00)  of  Purchaser's  attorneys'  fees for this
transaction,  if any, when, as and if the Closing occurs, but not otherwise, and
same  shall  be  credited  from  Seller  to  Purchaser on the Closing statement.

          (b)     Other  Income  and  Expenses.  All  other  income and ordinary
                  ----------------------------
operating expenses for or pertaining to the Property, including, but not limited
to, public utility charges, maintenance and service charges shall be prorated as
of the Closing Date; provided that Purchaser shall not be obligated for payments
under  any  management,  service  or  other contractual agreements affecting the
Property  and  the  same  shall  be terminated prior to Closing unless Purchaser
expressly  elects  to assume the same; and provided further that income from the
Existing  CCI  Lease  (as  hereinafter  defined)  shall  not  be  prorated.

     Seller  agrees to indemnify and hold Purchaser harmless of and from any and
all  liabilities, claims, demands and expenses, of any kind or nature arising or
attributable  to  the  period prior to the Closing Date and which are in any way
related  to  the  ownership,  maintenance  or operation of the Property, and all
expenses  related  thereto,  including,  but  not  limited  to,  court costs and
attorneys'  fees.

     Purchaser  agrees to indemnify and hold Seller harmless of and from any and
all liabilities, claims, demands and expenses, of any kind or nature, arising or
attributable to the period on or subsequent to the Closing Date and which are in
any  way  related  to  the  ownership, maintenance or operation of the Property,
including,  but  not  limited  to,  court  costs  and  attorneys'  fees.

     11.     INTENTIONALLY  DELETED.
             ----------------------

     12.     NOTICES.  All  notices, demands or other communications of any type
             -------
given by the Seller to the Purchaser, or by the Purchaser to the Seller, whether
required  by  this  Contract or in any way related to the transaction contracted
for  herein,  shall be void and of no effect unless given in accordance with the
provisions  of this paragraph.  All notices shall be in writing and delivered to
the  person  to  whom  the  notice  is  directed, either in person, by overnight
delivery

                                        5
<PAGE>
service,  facsimile  with  confirmed  receipt,  or  by  mail  as a registered or
certified  item,  return  receipt requested.  Notices delivered by mail shall be
deemed  given  upon the date when deposited in a post office or other depository
under  the  care  or  custody of the United States Postal Service, enclosed in a
wrapper  with proper postage affixed, and notices delivered by other means shall
be  effective when received by the party to whom the same is addressed, and such
notices  shall  be  addressed  as  follows:

     Seller:                 CCI  Telecom,  Inc.
                            19240 Red Land Road
                            San Antonio, Texas 78259
                            Telephone: (210) 496-1926
                            Fax: (210) 491-0932

     With  copy  to:        Lee  R.  Sandoloski
                            Loeffler Tuggey Pauerstein Rosenthal
                            755 East Mulberry
                            Suite 200
                            San Antonio, Texas 78212
                            Telephone: (210) 354-4300
                            Fax: (210) 354-4034

     Purchaser:             Gur  Parsaad  Properties,  Ltd.
                            c/o Karta Technologies, Inc.
                            5555 Northwest Parkway
                            San Antonio, Texas 78249
                            Telephone: (210) 582-3000
                            Fax: (210) 582-3003

     With  copy  to:        Robert  A.  Wehrmeyer,  Jr.
                            c/o Karta Technologies, Inc.
                            5555 Northwest Parkway
                            San Antonio, Texas 78249
                            Telephone: (210) 582-3000
                            Fax: (210) 582-3003

     13.     REMEDIES.  In the event that Seller fails to timely comply with all
             --------
conditions,  covenants  and obligations hereunder, or any of the representations
and  warranties  of  Seller  contained  herein  are  untrue,  such  failure  or
misrepresentation  shall be an event of default by Seller and Purchaser shall be
entitled,  as  its  sole  and  exclusive  remedy,  either  to (i) terminate this
Contract  by  providing written notice thereof to Seller, and the parties hereto
shall  have  no  further  liabilities or obligations one unto the other, or (ii)
enforce  specific  performance  of  this  Contract.

     In  the  event  that  Purchaser fails to timely comply with all conditions,
covenants  and  obligations it has hereunder, except due to a default by Seller,
such  failure  shall  be an event of default by Purchaser, and Seller's sole and
exclusive  remedy  for  any  such  default  shall  be  to

                                        6
<PAGE>
terminate  this  Contract, Seller hereby waiving any other rights or remedies to
which  it  may  otherwise  be  entitled.

     14.     MISCELLANEOUS.
             -------------

          (a)     Interpretation  and  Applicable  Law.  This Agreement shall be
                  ------------------------------------
construed and interpreted in accordance with the laws of the State of Texas, and
venue  shall  be  in  Bexar  County,  Texas.  Where  required  for  proper
interpretation,  words  in  the singular shall include the plural; the masculine
gender  shall  include  the  neuter and the feminine, and vice versa.  The terms
"successors  and  assigns"  shall  include the heirs, administrators, executors,
successors  and  permitted assigns, as applicable, of any party hereto.  Time is
of  the  essence  in  this  Contract  in  all  respects.

          (b)     Amendment.  This  Contract  may  not  be  modified or amended,
                  ---------
except  by  an agreement in writing signed by the Seller and the Purchaser.  The
parties  may  waive  any  of  the  conditions  contained  herein  or  any of the
obligations of the other party hereunder, but any such waiver shall be effective
only  if  in  writing  and  signed  by  the  party  waiving  such conditions and
obligations.

          (c)     Attorneys' Fees.  In the event it becomes necessary for either
                  ---------------
party  to  file  a  suit  to  enforce  this Contract or any provisions contained
herein,  the  prevailing  party shall be entitled to recover, in addition to all
other  remedies  or  damages,  reasonable  attorneys'  fees  and  costs of court
incurred  in  such  suit.

          (d)     Descriptive Headings.  The descriptive headings of the several
                  --------------------
paragraphs  contained  in  this  Contract  are inserted for convenience only and
shall not control or affect the meaning or construction of any of the provisions
hereof.

          (e)     Entire  Agreement.  This  Contract  (and  the  items  to  be
                  -----------------
furnished  in  accordance herewith) constitutes the entire agreement between the
parties  pertaining  to  the  subject matter hereof and supersedes all prior and
contemporaneous  agreements  and  understandings  of  the  parties in connection
therewith.  No  representation,  warranty,  covenant, agreement or condition not
expressed  in  this  Contract  shall be binding upon the parties hereto or shall
affect  or  be effective to interpret, change or restrict the provisions of this
Contract.

          (f)     Multiple  Originals and Counterparts.  The parties may execute
                  ------------------------------------
numerous  copies  of  this  Contract hereto, either together or in counterparts.
Each  such  executed  copy or, if signed in counterparts, both such counterparts
shall  have  the  full  force  and  effect  of  an original executed instrument.

          (g)     Real  Estate  Commission.  Each  party  hereby  represents and
                  ------------------------
warrants  that it has not entered into any agreements which could give rise to a
real  estate  commission being owed as a result of this Contract, and each party
hereby  indemnifies  and  agrees to hold the other party harmless from any loss,
liability,  damage,  cost  or  expense  (including  reasonable  attorneys' fees)
resulting  to  the  other  party  by  reason  of any brokerage fees or claims by
brokers,  arising  out of any agreement entered into by such party in connection
with  the  Property.  Notwithstanding anything to the contrary contained herein,
the  indemnities  set forth in this subparagraph 14(g)shall survive the Closing.

                                        7
<PAGE>
          (h)     Assignment.  Purchaser  may,  at  its  option  and at any time
                  ----------
during  this  Contract,  assign  this  Contract  without  the consent of Seller.

          (i)     Effective  Date.  All  references  in  this  Contract  to  the
                  ---------------
"Effective  Date",  the "date hereof", or the "date of this Contract" shall mean
the  date  upon which the Title Company acknowledges receipt of this Contract as
set  forth  below.

          (j)     Legal  Holidays.  Notwithstanding  anything  herein  to  the
                  ---------------
contrary,  if  the  final  date  of  any  period, any date of performance or any
deadline date which is set forth in this Contract falls on a Saturday, Sunday or
federal  legal  holiday,  then such date shall be extended to the next following
date  which  is  not  a  Saturday,  Sunday  or  federal  legal  holiday.

          (k)     Binding Effect.  This Contract shall be binding upon and shall
                  --------------
inure  to  the  benefit  of the parties hereto and their successors and assigns.

     15.     CCI  LEASE.  Notwithstanding  any  other  provision  herein  to the
             ----------
contrary,  it  is hereby understood and agreed between Seller and Purchaser that
the  Property  is  currently  subject  to  an  existing lease (the "Existing CCI
Lease")  between  Associates  and  Contemporary  Constructors, Inc. ("CCI") (CCI
being  a  wholly-owned  subsidiary  of  Seller).  Purchaser  and  Seller  are
negotiating the terms and conditions of a new lease (the "New Lease") to replace
the  Existing  CCI  Lease.  It  is  a  condition of both Seller and Purchaser to
Closing  that  Purchaser and Seller enter into the New Lease at the Closing.  In
the event that Purchaser and Seller fail to enter into the New Lease at or prior
to the Closing, for any reason or for no reason, then either Purchaser or Seller
may  terminate  this  Contract  on  or prior to the Closing Date, whereupon this
Contract  shall  be cancelled, and thereafter neither Seller nor Purchaser shall
have  any  continuing rights or obligations hereunder. Upon execution of the New
Lease,  the Existing CCI Lease shall be deemed terminated in all respects and no
proration  of  rent on account of either the New Lease or the Existing CCI Lease
shall  be  made  at  Closing.

     16.     ACQUISITION  OF  TITLE  FROM ASSOCIATES.  Notwithstanding any other
             ---------------------------------------
provision  herein  to  the  contrary, it is hereby understood and agreed between
Seller  and Purchaser that the Property is currently owned by Associates.  It is
a  condition  of both Seller and Purchaser to Closing that Seller acquire record
title  to  the  Property  from  Associates.  In  the  event that Seller fails to
acquire  title  to the Property from Associates on or prior to the Closing Date,
for  any  reason or for no reason, then either Purchaser or Seller may terminate
this  Contract on or prior to the Closing Date, whereupon this Contract shall be
cancelled, and thereafter neither Seller nor Purchaser shall have any continuing
rights  or  obligations  hereunder.

                           [Signature Page to Follow]

                                        8
<PAGE>
     EXECUTED on this the 29th day of April 2005.

                                   SELLER:
                                   ------

                                   CCI Telecom, Inc., a Nevada corporation

                                        By: /s/ Michael J. Novak
                                           ---------------------------
                                                Michael J. Novak
                                                President

                                   PURCHASER:
                                   ---------

                                   Gur Parsaad Properties, Ltd., a Texas limited
                                   partnership

                                        By:  Gur Parsaad Management, LLC, its
                                        general partner

                                        By: /s/ G.P. Singh
                                           ---------------------------
                                                G.P. Singh
                                                Manager

AS TO PARAGRAPHS 5 AND 6 ONLY:

CCI ASSOCIATES, LTD., a Texas limited partnership

     By:   NOVAK PROPERTIES, INC.
           a Texas corporation, its General Partner

            By: /s/ Michael J. Novak
               ---------------------------
                    Michael J. Novak
                    President

                                        9
<PAGE>
RECEIPT OF ONE (1) EXECUTED COUNTERPART OF
THIS CONTRACT IS HEREBY ACKNOWLEDGED:

TITLE  COMPANY:
--------------

PRESIDIO  TITLE  LLC

By:
   ---------------------------------
Name:
     -------------------------------
Its:
    --------------------------------
Date:
     -------------------------------

                                       10
<PAGE>
                                   EXHIBIT "A"

                                Legal Description

 Lot 1, New City Block 17865, situated in the City of San Antonio, Bexar County,
    Texas, and being out of Craighead Estates Subdivision as recorded in Volume
       9502, Page 178 of the Deed and Plat Records of Bexar County, Texas.

                                       11
<PAGE>
                                   EXHIBIT "B"

                              Permitted Exceptions

              [Attach Schedule B of April 1, 2005 Title Commitment]

All  matters  shown on Schedule B to that certain Commitment for Title Insurance
issued  by the Title Company under GF No. 100425, dated April 1, 2005, effective
as  of  March 8, 2005 (showing McClane Partners, LLC as Proposed Insured), which
Schedule  B  is  attached  hereto  and  made  a  part  hereof  for all purposes.

                                       12
<PAGE>

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