Document:

EXHIBIT 10.52

                              Letter of Engagement
                                Thinkpath, Inc.
                                 June 21, 2006

The following sets forth the agreement for the engagement of Financial Media
Relations, LLC. ("FMR") by Company Name ("Thinkpath, Inc" or the "COMPANY"):

TERM                Six months, commencing as of July 1st 2006 and terminable
                    thereafter by either party upon 30 days' prior written
                    notice.

OBJECTIVE           The development and implementation of a proactive marketing
                    program to increase the awareness of the Company and
                    generate a significant increase in the liquidity and market
                    capitalization. In addition, upon request, FMR will advise
                    the Company in business development and strategic advisory
                    services.

THE PROGRAM         FMR will structure and implement a marketing program
                    designed to create extensive financial market and investor
                    awareness for the Company to drive long-term shareholder
                    support. The core drivers of the program will be to create
                    institutional and retail buying in the Company's stock
                    through a proactive sales and marketing program emphasizing
                    technology-driven communications, coupled with 1-to-1
                    selling and leveraging the Company's image to attract
                    additional long term investors and to create additional
                    opportunities in M&A and Business Development. As share
                    price is affected by various factors, FMR can give no
                    assurance that the marketing program will result in an
                    increase in the Company's stock price.

                    FMR understands that during any period in which the Company
                    is in "registration" for a public offering of securities
                    under the Securities Act of 1933, and during the
                    distribution of such securities, the Company's investor
                    relations and marketing efforts will be severely limited.
                    However, it will be the responsibility of the Company (with
                    the advice of its securities counsel) to determining what
                    investor relations and financial marketing efforts are
                    permissible and non permissible during such periods, and FMR
                    will follow the direction of the Company and its securities
                    counsel.

<PAGE>

RESPONSIBILITIES    In addition to marketing and financial public relations, FMR
                    will assume the responsibilities of an in-house Investor
                    Relations Officer for the Company on a full turnkey basis,
                    including the generation of corporate and shareholder
                    communications, retail and institutional investor contact
                    and media. FMR will work in conjunction with the Company's
                    management, securities counsel, investment bankers and
                    auditors and under supervision of management. The content is
                    as follows:

                    o  Campaign Development and Execution
                    o  Press Annnouncements: drafting, approval and distribution
                    o  Database Development and Management
                    o  Image Analysis: recommendations and implementation
                    o  Messaging: institutional and retail
                    o  Online presentations, drafting and production
                       responsibilities
                    o  Website Overhaul - installation and maintenance of auto
                       IR program
                    o  Email messaging: targets; Retail and Institutional /
                       Other databases
                    o  Media including interactives and PowerPoints
                    o  Direct Mail: shareholder, media, XYZ relationship
                       universe
                    o  Public Relations

FEES                $ 5,000.00 per month in cash and 162,000 shares of common
                    stock The shares will be included in the first registration
                    statement the Company files in 2006, which is expected
                    within the next 60 days.

                    Wiring information is set forth below.

WIRE                Bank One
INSTRUCTIONS        Silver King Branch
                    1650 Park Avenue
                    Park City, UT   84060
                    Account Name:  Financial Media Relations  LLC
                    Account Number: 669135188
                    ABA # 124001545

MARKETING           To support the financial marketing program, the
BUDGET              Company acknowledges that it will incur certain third party
                    marketing costs. Prior to the execution of this agreement,
                    FMR will prepare a detailed three-month budget setting forth
                    the approximate costs associated with the campaign. FMR will
                    not incur these costs without the approval of the Company.
                    At FMR's request, the Company will pay these costs directly
                    to the third party.

                                      -2-
<PAGE>

If Consultant introduces a merger or a combination of sorts with another entity
to the Company, the Consultant shall be entitled to a finder's fee, and the
Company shall enter into an agreement with the Consultant respecting the payment
of a finder's fee.

                    Company Obligations

                    1. Corporation agrees to assist consultant, as requested, in
                       the preparation of the corporate profile report.

                    2. Corporation will, if requested, provide or arrange to be
                       provided to Consultant or its designee, suitable
                       accounting information as may be necessary to complete
                       the corporate "due diligence" necessary to compile an
                       accurate and detailed profile report on the company.

                    3. Corporation agrees to provide Consultant with cetin
                       business and other material information about the
                       Company, its products, services, contacts, pending
                       litigation, patents, trademarks and other such business
                       matter which Consultant may request an which Consultant
                       considers to be important for the completion of this
                       contract.

                    4. Corporation agrees, during the term of this agreement, to
                       notify Consultant of any changes in the status or nature
                       of its business, any pending litigation, or any other
                       developments that may require further disclosure.

                    5. Corporation will provide weekly DTC sheets showing the
                       daily trading o stock to Consultant.

                    6. Corporation will provide the NOBO list to Consultant
                       monthly.

INDEMNIFICATION     The Company agrees to provide the indemnification set forth
                    in "Exhibit A" attached hereto.

CORPORATE           The obligations of FMR are solely corporate obligations,
OBLIGATIONS         and no officer, director, employee, agent, shareholder or
                    controlling person of FMR shall be subject to any personal
                    liability whatsoever to any person, nor will any such claim
                    be asserted by or on behalf of any other party to this
                    Agreement.

                                      -3-
<PAGE>

ADDITIONAL          If FMR is called upon to render services directly or
SERVICES            indirectly relating to the subject matter of this Agreement,
                    beyond the services contemplated above (including, but not
                    limited to, production of documents, answering
                    interrogatories, giving depositions, giving expert or other
                    testimony, whether by agreement, subpoena or otherwise), the
                    Company shall pay to FMR a reasonable hourly rates for the
                    persons involved for the time expended in rendering such
                    services, including, but not limited to, time for meetings,
                    conferences, preparation and travel, and all related costs
                    and expenses and the reasonable legal fees and expenses of
                    FMR's counsel.

SURVIVAL OF         The Sections entitled "Indemnification" (including "Exhibit
CERTAIN             A"), "Corporate Obligation" and " Additional Services"
PROVISIONS          shall survive any termination of this Agreement and FMR's
                    engagement pursuant to this Agreement. In addition, such
                    termination shall not terminate FMR's right to compensation
                    accrued through the date of termination and for
                    reimbursement of expenses. Any purported termination of this
                    Agreement by the Company prior to the end of the Initial
                    Term, or any termination by FMR as a result of non-payment
                    or other material breech by the Company, shall not terminate
                    FMR's right to the monthly fee through the entire Initial
                    Term (as FMR's time and commitment are expected to be
                    greater in the first part of its engagement).

ATTORNEYS' FEES     If any action or proceeding is brought to enforce or
                    interpret any provision of this Agreement, the prevailing
                    party shall be entitled to recover as an element of its
                    costs, and not its damages, reasonable attorneys' fees to be
                    fixed by the court.

GOVERNING LAW       Utah, without giving effect to the principles of conflicts
                    of law thereof.

                                      -4-
<PAGE>

Agreed and Accepted:

Thinkpath, Inc.                            Financial Media Relations LLC
201 Westcreek Boulevard                    1912 Sidewinder Drive
Brampton ON  L6T5S6 Canada                 Suite 200 A
                                           Park City, Utah  84060

By /S/ DECLAN FRENCH                       By /S/ SCOTT MAC CAUGHERN
   -----------------                          ----------------------
Name:  Declan French                          Name:  Scott Mac Caughern
Position:CEO                                  Position: Managing Member

                                      -5-
<PAGE>

                                    EXHIBIT A

                           INDEMNIFICATION PROVISIONS

Thinkpath, Inc. (the "COMPANY"), unconditionally, absolutely and irrevocably
agrees to and shall defend, indemnify and hold harmless Financial Media
Relations LLC (" FMR") and its past, present and future directors, officers,
affiliates, counsel, shareholders, employees, agents, representatives,
contractors, successors and assigns (FMR and such persons are collectively
referred to as the "INDEMNIFIED PERSONS") from and against any and all losses,
claims, costs, expenses, liabilities and damages (or actions in respect thereof)
arising out of or related to this Agreement, and any actions taken or omitted to
be taken by an Indemnified Party in connection with this Agreement ("INDEMNIFIED
CLAIM"). Without limiting the generality of the foregoing, such indemnification
shall cover losses, claims, costs, expenses, liabilities and damages imposed on
or incurred by the Indemnified Persons, directly or indirectly, relating to,
resulting from, or arising out of any misstatement of fact or omission of fact,
or any inaccuracy in any information provided or approved by the Company in
connection with the engagement, including information in an SEC filing, press
release, website, marketing material or other document, whether or not the
Indemnified persons relied thereon or had knowledge thereof. In addition, the
Company agrees to reimburse the Indemnified Persons for legal or other expenses
reasonable incurred by them in respect of each Indemnified Claim at the time
such expenses are incurred. Notwithstanding the foregoing, the Company shall not
be obligated under the foregoing for any loss, claim, liability or damage which
is finally determined to have resulted primarily from the willful misconduct,
bad faith or gross negligence of the Indemnified Person.

If any proceeding shall be brought or asserted under these provisions against an
Indemnified Person in respect of which indemnity may be sought under these
provisions from the Company, the Indemnified Person shall give prompt written
notice of such proceeding to the Company who shall assume the defense thereof,
including the employment of counsel reasonably satisfactory to the Indemnified
Person (or if more than one, FMR), and the payment of all reasonable expenses;
provided that any delay or failure to notify the Company shall relieve the
Company of its obligations hereunder only to the extent, if at all, that it is
materially prejudiced by reason of such delay or failure. In no event shall any
Indemnified Person be required to make any expenditure or bring any cause of
action to enforce the Company's obligations and liability under the pursuant to
the indemnifications set forth in these provisions. The Indemnified Person shall
have the right to employ separate counsel in any of the foregoing proceedings
and to participate in the defense thereof, but the fees and expenses of such
counsel shall be at the expense of the Indemnified Person unless; (i) the
Company has agreed to pay such fees and expensed; or (ii) the indemnified Person
shall in good faith determine that there exists actual or potential conflicts of
interest which make representation by the same counsel inappropriate and the
Company refuses to provide separate counsel. In the event that the Company,
within five days after notice of any such proceeding, fails to assume the

                                      -6-
<PAGE>

defense thereof, the Indemnified Persons shall have the right to undertake the
defense, compromise or settlement of such proceeding, for the account of the
Company, subject to the right of the Company to assume the defense of such
proceeding with counsel reasonably satisfactory to the Indemnified Person at any
time prior to the settlement, compromise or final determination thereof by
reimbursing the Indemnified Person for all fees and costs incurred to date.
Anything in these provisions to the contrary notwithstanding, the Company shall
not, without the prior written consent of FMR (if FMR is an Indemnified Person)
or the Indemnified Person if FMR is not an Indemnified Person settle or
compromise any proceeding or consent to the entry of any judgment with respect
to any proceeding; provided, however, that the Company may, consent to the entry
of any judgment with respect to any proceeding; provided, however, that the
Company may, without the Indemnified Person's prior written consent, settle or
compromise any such proceeding that requires solely the payment of money damages
by the Indemnified Person and that includes as an unconditional term thereof,
the release by the claimant or the plaintiff of the Indemnified Person from all
liability in respect of such proceeding.

                                      -7-EXHIBIT 10.53

   THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF
   THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
   AS AMENDED, OR ANY STATE SECURITIES LAWS. THIS WARRANT AND THE COMMON
   STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT MAY NOT BE SOLD, OFFERED
   FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE
   REGISTRATION STATEMENT AS TO THIS WARRANT UNDER SAID ACT AND ANY
   APPLICABLE STATE SECURITIES LAWS OR AN OPINION OF COUNSEL REASONABLY
   SATISFACTORY TO THINKPATH INC. THAT SUCH REGISTRATION IS NOT REQUIRED.

            Right to Purchase up to 940,750 Shares of Common Stock of
                                 Thinkpath Inc.
                   (subject to adjustment as provided herein)

                          COMMON STOCK PURCHASE WARRANT

No. _________________                             Issue Date:  November 15, 2006

         THINKPATH INC., an Ontario corporation (the "Company"), hereby
certifies that, for value received, LAURUS MASTER FUND, LTD., or assigns (the
"Holder"), is entitled, subject to the terms set forth below, to purchase from
the Company (as defined herein) from and after the Issue Date of this Warrant
and at any time or from time to time before 5:00 p.m., New York time, through
the close of business November 15, 2013 (the "Expiration Date"), up to 940,750
fully paid and nonassessable shares of Common Stock (as hereinafter defined), no
par value per share, at the applicable Exercise Price per share (as defined
below). The number and character of such shares of Common Stock and the
applicable Exercise Price per share are subject to adjustment as provided
herein.

         As used herein the following terms, unless the context otherwise
requires, have the following respective meanings:

                  (a) The term "Company" shall include Thinkpath Inc. and any
         person or entity which shall succeed, or assume the obligations of,
         Thinkpath Inc. hereunder.

                  (b) The term "Common Stock" includes (i) the Company's Common
Stock, no par value per share; and (ii) any other securities into which or for
                  which any of the securities described in the preceding clause
         (i) may be
converted or exchanged pursuant to a plan of recapitalization, reorganization,
merger, sale of assets or otherwise.

                  (c) The term "Other Securities" refers to any stock (other
         than Common Stock) and other securities of the Company or any other
         person (corporate or otherwise) which the holder of the Warrant at any
         time shall be entitled to receive, or shall have received, on the
         exercise of the Warrant, in lieu of or in addition to Common Stock, or
         which at any time shall be issuable or shall have been issued in
         exchange for or in replacement of Common Stock or Other Securities
         pursuant to Section 4 or otherwise.

<PAGE>

                  (d) The "Exercise Price" applicable under this Warrant shall
         be a price of $0.23 per share.

         1. EXERCISE OF WARRANT.

                  1.1 NUMBER OF SHARES ISSUABLE UPON EXERCISE. From and after
the date hereof through and including the Expiration Date, the Holder shall be
entitled to receive, upon exercise of this Warrant in whole or in part, by
delivery of an original or fax copy of an exercise notice in the form attached
hereto as Exhibit A (the "Exercise Notice"), shares of Common Stock of the
Company, subject to adjustment pursuant to Section 4.

                  1.2 FAIR MARKET VALUE. For purposes hereof, the "Fair Market
Value" of a share of Common Stock as of a particular date (the "Determination
Date") shall mean:

                  (a) If the Company's Common Stock is traded on the American
         Stock Exchange or another national exchange or is quoted on the
         National or Capital Market of The Nasdaq Stock Market, Inc. ("Nasdaq"),
         then the closing or last sale price, respectively, reported for the
         last business day immediately preceding the Determination Date.

                  (b) If the Company's Common Stock is not traded on the
         American Stock Exchange or another national exchange or on the Nasdaq
         but is traded on the NASD Over The Counter Bulletin Board, then the
         mean of the average of the closing bid and asked prices reported for
         the last business day immediately preceding the Determination Date.

                  (c) Except as provided in clause (d) below, if the Company's
         Common Stock is not publicly traded, then as the Holder and the Company
         agree or in the absence of agreement by arbitration in accordance with
         the rules then in effect of the American Arbitration Association,
         before a single arbitrator to be chosen from a panel of persons
         qualified by education and training to pass on the matter to be
         decided.

                  (d) If the Determination Date is the date of a liquidation,
         dissolution or winding up, or any event deemed to be a liquidation,
         dissolution or winding up pursuant to the Company's charter, then all
         amounts to be payable per share to holders of the Common Stock pursuant
         to the charter in the event of such liquidation, dissolution or winding
         up, plus all other amounts to be payable per share in respect of the
         Common Stock in liquidation under the charter, assuming for the
         purposes of this clause (d) that all of the shares of Common Stock then
         issuable upon exercise of the Warrant are outstanding at the
         Determination Date.

                  1.3 COMPANY ACKNOWLEDGMENT. The Company will, at the time of
the exercise of this Warrant, upon the request of the holder hereof acknowledge
in writing its continuing obligation to afford to such holder any rights to
which such holder shall continue to be entitled after such exercise in
accordance with the provisions of this Warrant. If the holder shall fail to make
any such request, such failure shall not affect the continuing obligation of the
Company to afford to such holder any such rights.

                                      -2-
<PAGE>

                  1.4 TRUSTEE FOR WARRANT HOLDERS. In the event that a bank or
trust company shall have been appointed as trustee for the holders of this
Warrant pursuant to Subsection 3.2, such bank or trust company shall have all
the powers and duties of a warrant agent (as hereinafter described) and shall
accept, in its own name for the account of the Company or such successor person
as may be entitled thereto, all amounts otherwise payable to the Company or such
successor, as the case may be, on exercise of this Warrant pursuant to this
Section 1.

         2. PROCEDURE FOR EXERCISE.

                  2.1 DELIVERY OF STOCK CERTIFICATES, ETC., ON EXERCISE. The
Company agrees that the shares of Common Stock purchased upon exercise of this
Warrant shall be deemed to be issued to the Holder as the record owner of such
shares as of the close of business on the date on which this Warrant shall have
been surrendered and payment made for such shares in accordance herewith. As
soon as practicable after the exercise of this Warrant in full or in part, and
in any event within three (3) business days thereafter, the Company at its
expense (including the payment by it of any applicable issue taxes) will cause
to be issued in the name of and delivered to the Holder, or as such Holder (upon
payment by such Holder of any applicable transfer taxes) may direct in
compliance with applicable securities laws, a certificate or certificates for
the number of duly and validly issued, fully paid and nonassessable shares of
Common Stock (or Other Securities) to which such Holder shall be entitled on
such exercise, plus, in lieu of any fractional share to which such holder would
otherwise be entitled, cash equal to such fraction multiplied by the then Fair
Market Value of one full share, together with any other stock or other
securities and property (including cash, where applicable) to which such Holder
is entitled upon such exercise pursuant to Section 1 or otherwise.

                  2.2 EXERCISE.

                  (a) Payment may be made either (i) in cash by wire transfer of
         immediately available funds or by certified or official bank check
         payable to the order of the Company equal to the applicable aggregate
         Exercise Price, (ii) by delivery of this Warrant, or shares of Common
         Stock and/or Common Stock receivable upon exercise of this Warrant in
         accordance with the formula set forth in subsection (b) below, or (iii)
         by a combination of any of the foregoing methods, for the number of
         Common Shares specified in such Exercise Notice (as such exercise
         number shall be adjusted to reflect any adjustment in the total number
         of shares of Common Stock issuable to the Holder per the terms of this
         Warrant) and the Holder shall thereupon be entitled to receive the
         number of duly authorized, validly issued, fully-paid and
         non-assessable shares of Common Stock (or Other Securities) determined
         as provided herein.

                  (b) Notwithstanding any provisions herein to the contrary, if
         the Fair Market Value of one share of Common Stock is greater than the
         Exercise Price (at the date of calculation as set forth below), in lieu
         of exercising this Warrant for cash, the Holder may elect to receive
         shares equal to the value (as determined below) of this Warrant (or the
         portion thereof being exercised) by surrender of this Warrant at the
         principal office of the Company together with the properly endorsed
         Exercise Notice in which event the Company shall issue to the Holder a
         number of shares of Common Stock computed using the following formula:

                                      -3-
<PAGE>

         X=                  Y(A-B)
                            -------
                                A

         Where X =  the number of shares of Common Stock to be issued to the
                    Holder

         Y =        the number of shares of Common Stock purchasable
                    under this Warrant or, if only a portion of this
                    Warrant is being exercised, the portion of this
                    Warrant being exercised (at the date of such
                    calculation)

         A =        the Fair Market Value of one share of the Company's
                    Common Stock (at the date of such calculation)

         B =        the Exercise Price per share (as adjusted to the date of
                    such calculation)

[Notwithstanding anything to the contrary set forth in Section 2.2(a) above, to
the extent that a registration statement registering all the shares of Common
Stock of the Company issuable upon exercise of this Warrant has been declared
effective by the Securities and Exchange Commission and remains effective as of
the date of the proposed exercise set forth in an Exercise Notice, the Holder
shall upon such proposed exercise, make payment to the Company of each
respective Exercise Price set forth in such Exercise Notice in cash by wire
transfer of immediately available funds or by certified or official bank check
only.]

         3. EFFECT OF REORGANIZATION, ETC.; ADJUSTMENT OF EXERCISE PRICE.

                  3.1 REORGANIZATION, CONSOLIDATION, MERGER, ETC. In case at any
time or from time to time, the Company shall (a) effect a reorganization, (b)
consolidate with or merge into any other person, or (c) transfer all or
substantially all of its properties or assets to any other person under any plan
or arrangement contemplating the dissolution of the Company, then, in each such
case, as a condition to the consummation of such a transaction, proper and
adequate provision shall be made by the Company whereby the Holder, on the
exercise hereof as provided in Section 1 at any time after the consummation of
such reorganization, consolidation or merger or the effective date of such
dissolution, as the case may be, shall receive, in lieu of the Common Stock (or
Other Securities) issuable on such exercise prior to such consummation or such
effective date, the stock and other securities and property (including cash) to
which such Holder would have been entitled upon such consummation or in
connection with such dissolution, as the case may be, if such Holder had so
exercised this Warrant, immediately prior thereto, all subject to further
adjustment thereafter as provided in Section 4.

                  3.2 DISSOLUTION. In the event of any dissolution of the
Company following the transfer of all or substantially all of its properties or
assets, the Company, concurrently with any distributions made to holders of its
Common Stock, shall at its expense deliver or cause to be delivered to the
Holder the stock and other securities and property (including cash, where
applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder
shall so instruct the Company, to a bank or trust company specified by the
Holder and having its principal office in New York, NY as trustee for the
Holder.

                                      -4-
<PAGE>

                  3.3 CONTINUATION OF TERMS. Upon any reorganization,
consolidation, merger or transfer (and any dissolution following any transfer)
referred to in this Section 3, this Warrant shall continue in full force and
effect and the terms hereof shall be applicable to the shares of stock and other
securities and property receivable on the exercise of this Warrant after the
consummation of such reorganization, consolidation or merger or the effective
date of dissolution following any such transfer, as the case may be, and shall
be binding upon the issuer of any such stock or other securities, including, in
the case of any such transfer, the person acquiring all or substantially all of
the properties or assets of the Company, whether or not such person shall have
expressly assumed the terms of this Warrant as provided in Section 4. In the
event this Warrant does not continue in full force and effect after the
consummation of the transactions described in this Section 3, then the Company's
securities and property (including cash, where applicable) receivable by the
Holder will be delivered to the Holder or the Trustee as contemplated by Section
3.2.

         4. EXTRAORDINARY EVENTS REGARDING COMMON STOCK. In the event that the
Company shall (a) issue additional shares of the Common Stock as a dividend or
other distribution on outstanding Common Stock or any preferred stock issued by
the Company, (b) subdivide its outstanding shares of Common Stock, (c) combine
its outstanding shares of the Common Stock into a smaller number of shares of
the Common Stock, then, in each such event, the Exercise Price shall,
simultaneously with the happening of such event, be adjusted by multiplying the
then Exercise Price by a fraction, the numerator of which shall be the number of
shares of Common Stock outstanding immediately prior to such event and the
denominator of which shall be the number of shares of Common Stock outstanding
immediately after such event, and the product so obtained shall thereafter be
the Exercise Price then in effect. The Exercise Price, as so adjusted, shall be
readjusted in the same manner upon the happening of any successive event or
events described herein in this Section 4. The number of shares of Common Stock
that the holder shall thereafter, on the exercise hereof as provided in Section
1, be entitled to receive shall be adjusted to a number determined by
multiplying the number of shares of Common Stock that would otherwise (but for
the provisions of this Section 4) be issuable on such exercise by a fraction of
which (a) the numerator is the Exercise Price that would otherwise (but for the
provisions of this Section 4) be in effect, and (b) the denominator is the
Exercise Price in effect on the date of such exercise (taking into account the
provisions of this Section 4). Notwithstanding the foregoing, in no event shall
the Exercise Price be less than the par value of the Common Stock.

                                      -5-
<PAGE>

         5. CERTIFICATE AS TO ADJUSTMENTS. In each case of any adjustment or
readjustment in the shares of Common Stock (or Other Securities) issuable on the
exercise of this Warrant, the Company at its expense will promptly cause its
Chief Financial Officer or other appropriate designee to compute such adjustment
or readjustment in accordance with the terms of this Warrant and prepare a
certificate setting forth such adjustment or readjustment and showing in detail
the facts upon which such adjustment or readjustment is based, including a
statement of (a) the consideration received or receivable by the Company for any
additional shares of Common Stock (or Other Securities) issued or sold or deemed
to have been issued or sold, (b) the number of shares of Common Stock (or Other
Securities) outstanding or deemed to be outstanding, and (c) the Exercise Price
and the number of shares of Common Stock to be received upon exercise of this
Warrant, in effect immediately prior to such adjustment or readjustment and as
adjusted or readjusted as provided in this Warrant. The Company will forthwith
mail a copy of each such certificate to the holder and any Warrant agent of the
Company (appointed pursuant to Section 11 hereof).

         6. RESERVATION OF STOCK, ETC., ISSUABLE ON EXERCISE OF WARRANT. The
Company will at all times reserve and keep available, solely for issuance and
delivery on the exercise of this Warrant, shares of Common Stock (or Other
Securities) from time to time issuable on the exercise of this Warrant.

         7. ASSIGNMENT; EXCHANGE OF WARRANT. Subject to compliance with
applicable securities laws, this Warrant, and the rights evidenced hereby, may
be transferred by any registered holder hereof (a "Transferor") in whole or in
part. On the surrender for exchange of this Warrant, with the Transferor's
endorsement in the form of Exhibit B attached hereto (the "Transferor
Endorsement Form") and together with evidence reasonably satisfactory to the
Company demonstrating compliance with applicable securities laws, which shall
include, without limitation, a legal opinion from the Transferor's counsel (at
the Company's expense) that such transfer is exempt from the registration
requirements of applicable securities laws, the Company at its expense (but with
payment by the Transferor of any applicable transfer taxes) will issue and
deliver to or on the order of the Transferor thereof a new Warrant of like
tenor, in the name of the Transferor and/or the transferee(s) specified in such
Transferor Endorsement Form (each a "Transferee"), calling in the aggregate on
the face or faces thereof for the number of shares of Common Stock called for on
the face or faces of the Warrant so surrendered by the Transferor.

         8. REPLACEMENT OF WARRANT. On receipt of evidence reasonably
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Warrant and, in the case of any such loss, theft or destruction of this
Warrant, on delivery of an indemnity agreement or security reasonably
satisfactory in form and amount to the Company or, in the case of any such
mutilation, on surrender and cancellation of this Warrant, the Company at its
expense will execute and deliver, in lieu thereof, a new Warrant of like tenor.

         9. REGISTRATION RIGHTS. The Holder has been granted certain
registration rights by the Company. These registration rights are set forth in a
Registration Rights Agreement entered into by the Company and Holder dated as of
the date hereof, as the same may be amended, modified and/or supplemented from
time to time.

                                      -6-
<PAGE>

         10. MAXIMUM EXERCISE. Notwithstanding anything herein to the contrary,
in no event shall the Holder be entitled to exercise any portion of this Warrant
in excess of that portion of this Warrant upon exercise of which the sum of (1)
the number of shares of Common Stock beneficially owned by the Holder and its
Affiliates (other than shares of Common Stock which may be deemed beneficially
owned through the ownership of the unexercised portion of the Warrant or the
unexercised or unconverted portion of any other security of the Holder subject
to a limitation on conversion analogous to the limitations contained herein) and
(2) the number of shares of Common Stock issuable upon the exercise of the
portion of this Warrant with respect to which the determination of this proviso
is being made, would result in beneficial ownership by the Holder and its
Affiliates of any amount greater than 4.99% of the then outstanding shares of
Common Stock (whether or not, at the time of such exercise, the Holder and its
Affiliates beneficially own more than 4.99% of the then outstanding shares of
Common Stock). As used herein, the term "Affiliate" means any person or entity
that, directly or indirectly through one or more intermediaries, controls or is
controlled by or is under common control with a person or entity, as such terms
are used in and construed under Rule 144 under the Securities Act. For purposes
of the proviso to the second preceding sentence, beneficial ownership shall be
determined in accordance with Section 13(d) of the Securities Exchange Act of
1934, as amended, and Regulations 13D-G thereunder, except as otherwise provided
in clause (1) of such proviso. The limitations set forth herein (x) may be
waived by the Holder upon provision of no less than sixty-one (61) days prior
notice to the Company and (y) shall automatically become null and void following
notice to the Company upon the occurrence and during the continuance of an Event
of Default (as defined in the Security Agreement dated as of the date hereof
among the Holder, the Company and various subsidiaries of the Company (as
amended, modified, restated and/or supplemented from time to time, the "Security
Agreement")).

         11. WARRANT AGENT. The Company may, by written notice to the each
Holder of the Warrant, appoint an agent for the purpose of issuing Common Stock
(or Other Securities) on the exercise of this Warrant pursuant to Section 1,
exchanging this Warrant pursuant to Section 7, and replacing this Warrant
pursuant to Section 8, or any of the foregoing, and thereafter any such
issuance, exchange or replacement, as the case may be, shall be made at such
office by such agent.

         12. TRANSFER ON THE COMPANY'S BOOKS. Until this Warrant is transferred
on the books of the Company, the Company may treat the registered holder hereof
as the absolute owner hereof for all purposes, notwithstanding any notice to the
contrary.

         13. NOTICES, ETC. All notices and other communications from the Company
to the Holder shall be mailed by first class registered or certified mail,
postage prepaid, at such address as may have been furnished to the Company in
writing by such Holder or, until any such Holder furnishes to the Company an
address, then to, and at the address of, the last Holder who has so furnished an
address to the Company.

         14. MISCELLANEOUS. This Warrant and any term hereof may be changed,
waived, discharged or terminated only by an instrument in writing signed by the
party against which enforcement of such change, waiver, discharge or termination
is sought. THIS WARRANT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF
LAWS. ANY ACTION BROUGHT CONCERNING THE TRANSACTIONS CONTEMPLATED BY THIS
WARRANT SHALL BE BROUGHT ONLY IN STATE COURTS OF NEW YORK OR IN THE FEDERAL
COURTS LOCATED IN THE STATE OF NEW YORK; PROVIDED, HOWEVER, THAT THE HOLDER MAY
CHOOSE TO WAIVE THIS PROVISION AND BRING AN ACTION OUTSIDE THE STATE OF NEW
YORK. The individuals executing this Warrant on behalf of the Company agree to
submit to the jurisdiction of such courts and waive trial by jury. The
prevailing party shall be entitled to recover from the other party its
reasonable attorneys' fees and costs. In the event that any provision of this

                                      -7-
<PAGE>

Warrant is invalid or unenforceable under any applicable statute or rule of law,
then such provision shall be deemed inoperative to the extent that it may
conflict therewith and shall be deemed modified to conform with such statute or
rule of law. Any such provision which may prove invalid or unenforceable under
any law shall not affect the validity or enforceability of any other provision
of this Warrant. The headings in this Warrant are for purposes of reference
only, and shall not limit or otherwise affect any of the terms hereof. The
invalidity or unenforceability of any provision hereof shall in no way affect
the validity or enforceability of any other provision hereof. The Company
acknowledges that legal counsel participated in the preparation of this Warrant
and, therefore, stipulates that the rule of construction that ambiguities are to
be resolved against the drafting party shall not be applied in the
interpretation of this Warrant to favor any party against the other party.

         15. JUDGMENT CURRENCY.

                  15.1 If for the purpose of obtaining or enforcing judgment
against the Company in any court in any jurisdiction it becomes necessary to
convert into any other currency (such other currency being hereinafter in this
Section 15 referred to as the "Judgment Currency") an amount due in US dollars
under this Warrant, the conversion shall be made at the Exchange Rate prevailing
on the business day immediately preceding:

                  (a) the date actual payment of the amount due, in the case of
         any proceeding in the courts of New York or in the courts of any other
         jurisdiction that will give effect to such conversion being made on
         such date: or

                  (b) the date on which the foreign court determines, in the
         case of any proceeding in the courts of any other jurisdiction (the
         date as of which such conversion is made pursuant to this Section
         15.1(b) being hereinafter referred to as the "Judgment Conversion
         Date")

                  15.2 If in the case of any proceeding in the court of any
jurisdiction referred to in Section 15.1 above, there is a change in the
Exchange Rate prevailing between the Judgment Conversion Date and the date of
actual payment of the amount due, the applicable party shall pay such adjusted
amount as may be necessary to ensure that the amount paid in the Judgment
Currency, when converted at the Exchange Rate prevailing on the date of payment,
will produce the amount of US dollars which could have been purchased with the
amount of Judgment Currency stipulated in the judgment or judicial order at the
Exchange Rate prevailing on the Judgment Conversion Date.

                  15.3 Any amount due from the Company under this provision
shall be due as a separate debt and shall not be affected by judgment being
obtained for any other amounts due under or in respect of this Warrant.

                   [BALANCE OF PAGE INTENTIONALLY LEFT BLANK;
                             SIGNATURE PAGE FOLLOWS]

                                      -8-
<PAGE>

         IN WITNESS WHEREOF, the Company has executed this Warrant as of the
date first written above.

                                          THINKPATH INC.

WITNESS:
                                          By:    /s/ Declan French
                                                 ------------------
                                          Name:  Declan French
/s/ Tracy McKay                           Title: Chief Executive Officer
---------------

                                      -9-
<PAGE>

                                    EXHIBIT A

                              FORM OF SUBSCRIPTION
                   (To Be Signed Only On Exercise Of Warrant)

TO:      Thinkpath Inc.
         201 Westcreek Boulevard
         Brampton, Ontario, Canada L6T 5S6

         Attention:        Chief Financial Officer

         The undersigned, pursuant to the provisions set forth in the attached
Warrant (No.____), hereby irrevocably elects to purchase (check applicable box):

________     ________ shares of the common stock covered by such warrant; or

________     the maximum  number of shares of common stock covered by such
             warrant  pursuant to the cashless exercise procedure set forth
             in Section 2.

         The undersigned herewith makes payment of the full Exercise Price for
such shares at the price per share provided for in such Warrant, which is
$___________. Such payment takes the form of (check applicable box or boxes):

________     $__________ in lawful money of the United States; and/or

________     the  cancellation of such portion  of the attached  Warrant as is
             exercisable for a total of _______  shares of Common  Stock
             (using a Fair Market Value of $_______ per share for purposes of
             this calculation); and/or

________     the cancellation of such number of shares of Common Stock as is
             necessary, in accordance with the formula set forth in Section 2.2,
             to exercise this Warrant with respect to the maximum number of
             shares of Common Stock purchasable pursuant to the cashless
             exercise procedure set forth in Section 2.

         The  undersigned  requests that the  certificates  for such shares be
issued in the name of, and delivered to ________________________________________

whose address is
                ---------------------------------------------------------------.

         The undersigned represents and warrants that all offers and sales by
the undersigned of the securities issuable upon exercise of the within Warrant
shall be made pursuant to registration of the Common Stock under the Securities
Act of 1933, as amended (the "Securities Act") or pursuant to an exemption from
registration under the Securities Act.

Dated:
      ---------------------                   ----------------------------------
                                             (Signature must conform to name of
                                              holder as specified on the face
                                              of the Warrant)
                                              Address:
                                                      --------------------------

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

                                      -10-
<PAGE>

                                    EXHIBIT B

                         FORM OF TRANSFEROR ENDORSEMENT
                   (To Be Signed Only On Transfer Of Warrant)

         For value received, the undersigned hereby sells, assigns, and
transfers unto the person(s) named below under the heading "Transferees" the
right represented by the within Warrant to purchase the percentage and number of
shares of Common Stock of Thinkpath Inc. into which the within Warrant relates
specified under the headings "Percentage Transferred" and "Number Transferred,"
respectively, opposite the name(s) of such person(s) and appoints each such
person Attorney to transfer its respective right on the books of Thinkpath Inc.
with full power of substitution in the premises.

                                            PERCENTAGE               NUMBER
TRANSFEREES         ADDRESS                TRANSFERRED            TRANSFERRED
-----------         -------                -----------            -----------

Dated:
      ---------------------                   ----------------------------------
                                             (Signature must conform to name of
                                              holder as specified on the face
                                              of the Warrant)
                                              Address:
                                                      --------------------------

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

                                             SIGNED IN THE PRESENCE OF:

                                             ----------------------------------
                                                       (Name)

ACCEPTED AND AGREED:
[TRANSFEREE]

----------------------------------
          (Name)

                                      -11-

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