Document:

Exhibit 4.4.14

                                  AGENT WARRANT

THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE HEREOF HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
"SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED
OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES ACT AND UNDER
APPLICABLE STATE SECURITIES LAWS OR TTR TECHNOLOGIES, INC. SHALL HAVE RECEIVED
AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE ISSUER THAT REGISTRATION OF
SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE
STATE SECURITIES LAWS IS NOT REQUIRED.

                            AGENT WARRANT TO PURCHASE

                SHARES OF COMMON STOCK AND CLASS A AGENT WARRANTS

                                       OF

                             TTR Technologies, Inc.

              Subject to Section 1 hereof, expire on March1 , 2005

No.:  W-HCW-1
Number of Shares:                            Date of Issuance: February 29, 2000

      FOR VALUE RECEIVED, subject to the provisions hereinafter set forth, the
undersigned, TTR Technologies, Inc., a Delaware corporation (together with its
successors and assigns, the "Issuer"), hereby certifies that _________________
or its registered permitted assigns is entitled to subscribe for and purchase,
during the period specified in this Warrant, up to _________ shares (subject to
adjustment as hereinafter provided) of the duly authorized, validly issued,
fully paid and non-assessable Common Stock of the Issuer, at an exercise price
per share of Five dollars and fifty six cents ($5.56) and up to _____ Class A
Agent Warrants to purchase Common Stock at ($8.84) per share at an exercise
price of ($.01) per Warrant, subject, however, to the provisions and upon the
terms and conditions hereinafter set forth. Capitalized terms used in this
Warrant and not otherwise defined herein shall have the respective meanings
specified in Section 8 hereof.

      1. Term. The right to subscribe for and purchase shares of Warrant Stock
represented hereby shall commence on the date of issuance of this Warrant and
shall expire at  5:00 p.m., New York Time, on March 1, 2005 (the "Initial
Term"), provided, that, if at the date of the expiration of the Initial Term,
(A) the Warrant Stock shall not be listed on the OTC Bulletin Board, the Nasdaq
SmallCap Market, the Nasdaq National Market, The New York Stock Exchange, Inc.
or The American Stock Exchange, Inc. or (B) the Issuer shall not have sufficient
shares of Warrant Stock issuable upon a full exercise of this Warrant, then the
Initial Term shall be extended until the first such date on which none of the
foregoing events shall exist (the Initial Term, as such may be extended, being
hereinafter called the "Term").

      2. Method of Exercise Payment: Issuance of New Warrant: Transfer and
Exchange.

      (a) Time of Exercise. The purchase rights represented by this Warrant may
be exercised in whole or in part at any time and from time to time during the
Term.

      Method of Exercise. (i) The Holder hereof may exercise this Warrant, in
whole or in part, by the surrender of this Warrant (with the exercise form
attached hereto duly executed) at the

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principal office of the Issuer, and by the payment to the Issuer of an amount of
consideration therefor equal to the Warrant Price in effect on the date of such
exercise multiplied by the number of shares of Warrant Stock with respect to
which this Warrant is then being exercised, payable at the Holder's election in
cash by certified or official bank check or wire transfer, (ii) at any time on
or after the Original Issue Date by surrender to the Issuer for cancellation of
a portion of this Warrant representing that number of unissued shares of Warrant
Stock which is equal to the quotient obtained by dividing (A) the product
obtained by multiplying the Warrant Price by the number of shares of Warrant
Stock being purchased upon such exercise by (B) the difference obtained by
subtracting the Warrant Price from the Per Share Market Value as of the date of
such exercise ("Cashless Exercise by surrender of Warrant) or (iii) by a
combination of the foregoing methods of payment selected by the Holder of this
Warrant. In any case where the consideration payable upon such exercise is being
paid in whole or in part pursuant to the provisions of clause (ii) of this
subsection (b), such exercise shall be accompanied by written notice from the
Holder of this Warrant specifying the manner of payment thereof and containing a
calculation showing the number of shares of Warrant Stock with respect to which
rights are being surrendered thereunder and the net number of shares to be
issued after giving effect to such surrender. For purposes of the cashless
exercise provision, per share market value shall be calculated either (i) on the
date the Warrant exercise is delivered to the Company ("Notice Date") or (ii) as
the average closing Market Price for each of the five trading days preceding the
Notice Date, whichever of (i) or (ii) is greater. Notwithstanding anything in
this Warrant to the contrary, any remaining unexercised portion of this Warrant
shall be deemed to have been exercised immediately prior to the Expiration Date,
pursuant to a cashless exercise and the Company shall issue that number of
shares of common stock as provided for based on the method described under the
Cashless Exercise provision above.

      (b) Issuance of Stock Certificates. In the event of any exercise of the
rights represented by this Warrant in accordance with and subject to the terms
and conditions hereof, (i) certificates for the shares of Warrant Stock so
purchased shall be dated the date of such exercise and delivered to the Holder
hereof within a reasonable time, not exceeding three Trading Days after such
exercise, and the Holder hereof shall be deemed for all purposes to be the
Holder of the shares of Warrant Stock so purchased as of the date of such
exercise, and (ii) unless this Warrant has expired, a new Warrant representing
the number of shares of Warrant Stock, if any, with respect to which this
Warrant shall not then have been exercised (less any amount thereof which shall
have been canceled in payment or partial payment of the Warrant Price as
hereinabove provided) shall also be issued to the Holder hereof at the Issuer's
expense within such time.

      (c) Transferability of Warrant. Subject to the provisions of subsection
(e) of this Section 2, this Warrant may be transferred by the Holder without the
consent of the Issuer. If transferred pursuant to this paragraph, and subject to
the provisions of subsection (e) of this Section 2, this Warrant may be
transferred on the books of the Issuer by the Holder hereof in person or by duly
authorized attorney, upon surrender of this Warrant at the principal office of
the Issuer, properly endorsed (by the Holder executing an assignment in the form
attached hereto) and upon payment of any necessary transfer tax or other
governmental charge imposed upon such transfer. This Warrant is exchangeable at
the principal office of the Issuer for Warrants for the purchase of the same
aggregate number of shares of Warrant Stock, each new Warrant to represent the
right to purchase such number of shares of Warrant Stock as the Holder hereof
shall designate at the time of such exchange. All Warrants issued on transfers
or exchanges shall be dated the Original Issue Date and shall be identical with
this Warrant except as to the number of shares of Warrant Stock issuable
pursuant hereto.

      (d) Compliance with Securities Laws.

            (i) The Holder of this Warrant, by acceptance hereof, acknowledges
that this Warrant and the shares of Warrant Stock to be issued upon exercise
hereof are being acquired

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solely for the Holder's own account and not as a nominee for any other party,
and for investment, and that the Holder will not offer, sell, transfer or
otherwise dispose of this Warrant or any shares of Warrant Stock to be issued
upon exercise hereof except pursuant to an effective registration statement, or
an exemption from registration, under the Securities Act and any applicable
state securities laws.

            (ii) Except as provided in paragraph (iii) below, this Warrant and
all certificates representing shares of Warrant Stock issued upon exercise
hereof shall be stamped or imprinted with a legend in substantially the
following form:

            THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE
HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD,
TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES ACT
AND UNDER APPLICABLE STATE SECURITIES LAWS OR TTR TECHNOLOGIES, INC. SHALL HAVE
RECEIVED AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE ISSUER THAT
REGISTRATION OF SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE
PROVISIONS OF APPLICABLE STATE SECURITIES LAWS IS NOT REQUIRED.

            (iii) The restrictions imposed by this subsection (e) upon the
transfer of this Warrant and the shares of Warrant Stock to be purchased upon
exercise hereof shall terminate (A) when such securities shall have been
effectively registered under the Securities Act, (B) upon the Issuer's receipt
of an opinion of counsel, in form and substance reasonably satisfactory to the
Issuer, addressed to the Issuer to the effect that such restrictions are no
longer required to ensure compliance with the Securities Act or (C) upon the
Issuer's receipt of other evidence reasonably satisfactory to the Issuer that
such registration is not required. Whenever such restrictions shall cease and
terminate as to any such securities, the Holder thereof shall be entitled to
receive from the Issuer (or its transfer agent and registrar), without expense
(other than applicable transfer taxes, if any), new Warrants (or, in the case of
shares of Warrant Stock, new stock certificates) of like tenor not bearing the
applicable legends required by paragraph (ii) above relating to the Securities
Act and state securities laws.

      3. Stock Fully Paid: Reservation and Listing of Shares: Covenants.

      (a) Stock Fully Paid. The Issuer represents, warrants, covenants and
agrees that all shares of Warrant Stock which may be issued upon the exercise of
this Warrant or otherwise hereunder will, upon issuance, be duly authorized,
validly issued, fully paid and non-assessable and free from all taxes, liens and
charges created by or through Issuer. The Issuer further covenants and agrees
that during the period within which this Warrant may be exercised, the Issuer
will at all times have authorized and reserved for the purpose of the issue upon
exercise of this Warrant a number of shares of Common Stock equal to at least
100% of the aggregate number of shares of Warrant Stock issuable upon the
exercise of the Warrant.

      (b) Reservation. If any shares of Common Stock required to be reserved for
issuance upon exercise of this Warrant or as otherwise provided hereunder
require registration or qualification with any governmental authority under any
federal or state law before such shares may be so issued, the Issuer will in
good faith use its best efforts as expeditiously as possible at its expense to
cause such shares to be duly registered or qualified. If the Issuer shall list
any shares of Common Stock on any securities exchange or market it will, at its
expense, list thereon, maintain and increase when necessary such listing, of,
all shares of Warrant Stock from time to time issued upon exercise of this
Warrant or as otherwise provided hereunder, and, to the extent permissible under
the applicable securities exchange rules, all unissued shares of Warrant Stock
which are at any time issuable hereunder, so long as any shares of Common Stock
shall be so listed. The Issuer will also so list on each securities exchange or
market, and will maintain such

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listing of, any other securities which the Holder of this Warrant shall be
entitled to receive upon the exercise of this Warrant if at the time any
securities of the same class shall be listed on such securities exchange or
market by the Issuer.

      (c) Covenants. The Issuer shall not by any action including, without
limitation, amending the Certificate of Incorporation or the by-laws of the
Issuer, or through any reorganization, transfer of assets, consolidation,
merger, dissolution, issue or sale of securities or any other action, avoid or
seek to avoid the observance or performance of any of the terms of this Warrant,
but will at all times in good faith assist in the carrying out of all such terms
and in the taking of all such actions as may be necessary or appropriate to
protect the rights of the Holder hereof against dilution (to the extent
specifically provided herein) or impairment. Without limiting the generality of
the foregoing, the Issuer will (i) not permit the par value, if any, of its
Common Stock to exceed the then effective Warrant Price, (ii) not amend or
modify any provision of the Certificate of Incorporation or by-laws of the
Issuer in any manner that would adversely affect in any way the powers,
preferences or relative participating, optional or other special rights of the
Common Stock or which would adversely affect the rights of the Holder of this
Warrant, (iii) take all such action as may be reasonably necessary in order that
the Issuer may validly and legally issue fully paid and nonassessable shares of
Common Stock, free and clear of any liens, claims, encumbrances and restrictions
(other than as provided herein) upon the exercise of this Warrant, and (iv) use
its best efforts to obtain all such authorizations, exemptions or consents from
any public regulatory body having jurisdiction thereof as may be reasonably
necessary to enable the Issuer to perform its obligations under this Warrant.

      (d) Loss, Theft, Destruction of Warrants. Upon receipt of evidence
satisfactory to the Issuer of the ownership of and the loss, theft, destruction
or mutilation of any Warrant and, in the case of any such loss, theft or
destruction, upon receipt of indemnity or security satisfactory to the Issuer
or, in the case of any such mutilation, upon surrender and cancellation of such
Warrant, the Issuer will make and deliver, in lieu of such lost, stolen,
destroyed or mutilated Warrant, a new Warrant of like tenor and representing the
right to purchase the same number of shares of Common Stock.

      4. Registration Rights Under The Securities Act

            The Company is currently preparing a registration statement under
      the Securities Act of 1933, as amended, covering the resale of by certain
      shareholders of shares of Common Stock of the Company, which registration
      statement the Company intends to shortly file (the "Registration
      Statement"). The Warrant Shares shall be included in such registration
      statement. In the event that the Registration Statement shall not be
      effective, then upon the request of the Holder, the Company shall file a
      registration statement respecting the resale of the Warrant Shares.

      5. Adjustment of Warrant Price and Warrant Share Number. The number and
kind of Securities purchasable upon the exercise of this Warrant and the Warrant
Price shall be subject to adjustment from time to time upon the happening of
certain events as follows:

      (a) Recapitalization, Reorganization, Reclassification, Consolidation,
Merger or Sale.

                  (i) In case the Issuer after the Original Issue Date shall do
      any of the following (each, a "Triggering Event"): (a) consolidate with or
      merge into any other Person and the Issuer shall not be the continuing or
      surviving corporation of such consolidation or merger; provided, however,
      that a merger for the sole purpose of effecting a change in domicile of
      the Issuer from one state to another shall not be deemed a Triggering
      Event, or (b) permit any other Person to consolidate with or merge into
      the Issuer and the Issuer shall be the continuing or surviving Person but,
      in connection with such consolidation or merger, any Capital Stock of the
      Issuer shall be changed into or exchanged for Securities of any other

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      Person or cash or any other property, or (c) transfer all or substantially
      all of its properties or assets to any other Person, or (d) effect a
      capital reorganization or reclassification of its Capital Stock, then, and
      in the case of each such Triggering Event, proper provision shall be made
      so that, upon the basis and the terms and in the manner provided in this
      Warrant, the Holder of this Warrant shall be entitled upon the exercise
      hereof at any time after the consummation of such Triggering Event, to the
      extent this Warrant is not exercised prior to such Triggering Event, or is
      redeemed in connection with such Triggering Event, to receive at the
      Warrant Price in effect at the time immediately prior to the consummation
      of such Triggering Event in lieu of the Common Stock issuable upon such
      exercise of this Warrant prior to such Triggering Event, the Securities,
      cash and property to which the Holder would have been entitled upon the
      consummation of such Triggering Event if the Holder had exercised the
      rights represented by this Warrant immediately prior thereto, subject to
      adjustments and increases (subsequent to such corporate action) as nearly
      equivalent as possible to the adjustments provided for in Section 4 hereof

      (b) Subdivision or Combination of Shares. If the Issuer, at any time while
this Warrant is outstanding, shall subdivide or combine any shares of Common
Stock, (i) in case of subdivision of shares, the Warrant Price shall be
proportionately reduced (as at the effective date of such subdivision or, if the
Issuer shall take a record of holders of its Common Stock for the purpose of so
subdividing, as at the applicable record date, whichever is earlier) to reflect
the increase in the total number of shares of Common Stock outstanding as a
result of such subdivision, or (ii) in the case of a combination of shares, the
Warrant Price shall be proportionately increased (as at the effective date of
such combination or, if the Issuer shall take a record of holders of its Common
Stock for the purpose of so combining, as at the applicable record date,
whichever is earlier) to reflect the reduction in the total number of shares of
Common Stock outstanding as a result of such combination.

      (c) Issuance of Additional Shares of Common Stock. If at any time the
Company shall issue any Additional Shares of Common Stock at a price per share
which is lower than $5.56, then the number of shares of Common Stock to be
received by the holder of this Warrant upon the exercise hereof shall be
adjusted to that number determined by multiplying [(a) the number of shares of
Common Stock purchasable hereunder immediately prior thereto by (b) a fraction
(i) the numerator of which shall be the sum of (A) the number of shares of
Common Stock Deemed Outstanding immediately prior to the issuance of such shares
of Common Stock plus (B) the number of shares of Common Stock issued in the
subject transaction and (ii) the denominator of which shall be an amount equal
to the sum of (x) the number of shares of Common Stock Deemed Outstanding
immediately prior to the issuance of such shares of Common Stock plus (y) the
quotient of (1) the Offering Price multiplied by the number of shares of Common
Stock so issued by the Company, divided by (2) $5.56. The foregoing provisions
shall not apply to Additional Shares (A) if price per share (or in the case of
an option or warrant, the exercise price thereof) is not less than $5.00 and the
gross proceeds received or receivable by the Company as consideration for the
issue of such Additional Shares, plus the minimum aggregate amount of additional
consideration (as set forth in the instruments relating thereto, without regard
to any provision contained therein designated to protect against dilution)
payable to the Company upon the exercise of such Additional Shares, equals or
exceeds $1,500,000 (B) (ii) any capital stock or other securities offered or
issued in connection with any acquisition of another corporation or entity by
the Company by merger or purchase of all, or substantially all, of the assets of
such corporation or entity, share exchange, reorganization or the like (C) any
capital stock or other securities issued in connection with any stock split,
stock dividend, recapitalization or the like by the Company.

      (d) Certain Dividends and Distributions. If the Issuer, at any time while
this Warrant is outstanding, shall:

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            (i) Common Stock Dividends. Pay a dividend in, or make any other
      distribution to its stockholders (without consideration therefor) of,
      shares of Common Stock, the Warrant Price shall be adjusted, as at the
      date the Issuer shall take a record of the holders the Issuer's Capital
      Stock for the purpose of receiving such dividend or other distribution (or
      if no such record is taken, as at the date of such payment or other
      distribution), to that price determined by multiplying the Warrant Price
      in effect immediately prior to such record date (or if no such record is
      taken, then immediately prior to such payment or other distribution), by a
      fraction (1) the numerator of which shall be the total number of shares of
      Common Stock outstanding immediately prior to such dividend or
      distribution, and (2) the denominator of which shall be the total number
      of shares of Common Stock outstanding immediately after such dividend or
      distribution (plus in the event that the Issuer paid cash for fractional
      shares, the number of additional shares which would have been outstanding
      had the Issuer issued fractional shares in connection with said
      dividends); or

            (ii) Other Dividends. Pay a dividend on, or make any distribution of
      its assets upon or with respect to (including, but not limited to, a
      distribution of its property as a dividend in liquidation or partial
      liquidation or by way of return of capital), the Common Stock (other than
      as described in clause (i) of this subsection (c)), or in the event that
      the Issuer shall offer options or rights to subscribe for shares of Common
      Stock, or issue any Common Stock Equivalents, to all of its holders of
      Common Stock, then on the record date for such payment, distribution or
      offer or, in the absence of a record date, on the date of such payment,
      distribution or offer, the Holder shall receive what the Holder would have
      received had it exercised this Warrant in full immediately prior to the
      record date of such payment, distribution or offer or, in the absence of a
      record date, immediately prior to the date of such payment, distribution
      or offer.

      (e) Other Provisions Applicable to Adjustments Under this Section 5. The
following provisions shall be applicable to the making of adjustments in the
Warrant Price hereinbefore provided in Section 4. The number of shares of Common
Stock at any time outstanding shall (A) not include any shares thereof then
directly or indirectly owned or held by or for the account of the Issuer or any
of its Subsidiaries, and (B) be deemed to include all shares of Common Stock
then issuable upon conversion, exercise or exchange of any then outstanding
Common Stock Equivalents or any other evidences of indebtedness, shares of
Capital Stock (including, without limitation, the Preferred Stock) or other
Securities which are or may be at any time convertible into or exchangeable for
shares of Common Stock or Other Common Stock.

      (f) Other Action Affecting Common Stock. In case after the Original Issue
Date the Issuer shall take any action affecting its Common Stock, other than an
action described in any of the foregoing subsections (a) through (d) of this
Section 5, then the Warrant Price shall be adjusted in such manner and at such
time as the Board may in good faith determine to be equitable in the
circumstances.

      (g) Adjustment of Warrant Share Number. Upon each adjustment in the
Warrant Price pursuant to the provisions (b) and (c)(i) of this Section 5, the
Warrant Share Number shall be adjusted, to the nearest one hundredth of a whole
share, to the product obtained by multiplying the Warrant Share Number
immediately prior to such adjustment in the Warrant Price by a fraction, the
numerator of which shall be the Warrant Price immediately before giving effect
to such adjustment and the denominator of which shall be the Warrant Price
immediately after giving effect to such adjustment. If the Issuer shall be in
default under any provision contained in Section 3 of this Warrant so that
shares issued at the Warrant Price adjusted in accordance with this Section 4
would not be validly issued, the adjustment of the Warrant Share Number provided
for in the foregoing sentence shall nonetheless be made and the Holder of this
Warrant shall be entitled to purchase such greater number of shares at the
lowest price at which

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such shares may then be validly issued under applicable law. Such exercise shall
not constitute a waiver of any claim arising against the Issuer by reason of its
default under Section 3 of this Warrant.

      (h) Form of Warrant after Adjustments. The form of this Warrant need not
be changed because of any adjustments in the Warrant Price or the number and
kind of Securities purchasable upon the exercise of this Warrant.

      (i) Continuation of Terms. Upon any reorganization, consolidation, merger
or transfer (and any dissolution following any transfer) referred to in this
section 5, 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.

      6. Notice of Adjustments. Whenever the Warrant Price or Warrant Share
Number shall be adjusted pursuant to Section 5 hereof (for purposes of this
Section 6, each an "adjustment"), the Issuer shall cause its Chief Financial
Officer to prepare and execute a certificate setting forth, in reasonable
detail, the event requiring the adjustment, the amount of the adjustment, the
method by which such adjustment was calculated (including a description of the
basis on which the Board made any determination hereunder), and the Warrant
Price and Warrant Share Number after giving effect to such adjustment, and shall
cause copies of such certificate to be delivered to the Holder of this Warrant
promptly after each adjustment. Any dispute between the Issuer and the Holder of
this Warrant with respect to the matters set forth in such certificate may at
the option of the Holder of this Warrant be submitted to one of the national
accounting firms currently known as the "big five" mutually agreed upon by the
Issuer and the Holder or, in the event the Issuer and the Holder are unable to
agree, a "big five" national accounting firm (other than the Issuer's
independent auditors) selected by the Issuer's independent auditors. The firm
selected in the manner as provided in the preceding sentence shall be instructed
to deliver a written opinion as to such matters to the Issuer and the Holder
within thirty days after submission to it of such dispute. Such opinion shall be
final and binding on the parties hereto. The fees and expenses of such
accounting firm shall be paid by the Issuer.

      7. Fractional Shares. No fractional shares of Warrant Stock will be issued
in connection with and exercise hereof, but in lieu of such fractional shares,
the Issuer shall make a cash payment therefor equal in amount to the product of
the applicable fraction multiplied by the Per Share Market Value then in effect.

      8. Issuance of Class A Agent Warrants. The Class A Agent Warrants shall be
non-redeemable and shall contain the cashless exercise provision found in
Section 2(a) of this Warrant Agreement.

      9. Issuance of Class B Agent Warrants. Upon exercise of the Class A Agent
Warrants, the Agent will be issued Class B Agent Warrants for such number of
shares as shall equal one-half the number of shares for which the Class Agent
Warrants are exercised with a term of 36 months and an exercise price equal to
the Class B investor warrant exercise price.

      10. Definitions. For the purposes of this Warrant, the following terms
have the following meanings:

            "Board" shall mean the Board of Directors of the Issuer.

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            "Business Day" shall mean day except Saturday, Sunday and any day
      which shall be a legal holiday or a day on which banking institutions in
      the State of New York are authorized or required by law or other
      government action to close.

            "Capital Stock" means and includes (i) any and all shares,
      interests, participations or other equivalents of or interests in (however
      designated) corporate stock, including, without limitation, shares of
      preferred or preference stock, (ii) all partnership interests (whether
      general or limited) in any Person which is a partnership, (iii) all
      membership interests or limited liability company interests in any limited
      liability company, and (iv) all equity or ownership interests in any
      Person of any other type.

            "Certificate of Incorporation" means the Certificate of
      Incorporation of the Issuer as in effect on the Original Issue Date.

            "Common Stock" means the Common Stock, $0.001 par value, of the
      Issuer and any other Capital Stock into which such stock may hereafter be
      changed.

            "Common Stock Equivalent" means any Convertible Security or warrant,
      option or other right to subscribe for or purchase any shares of Common
      Stock or any Convertible Security.

            "Convertible Securities" means evidences of indebtedness, shares of
      Capital Stock or other Securities which are or may be at any time
      convertible into or exchangeable for shares of Common Stock. The term
      "Convertible Security" means one of the Convertible Securities.

            "Class A Agent Warrant Exercise Price" means $8.84 per share, as
      such price may be adjusted from time to time as shall result from the
      adjustments specified in Section 5 hereof.

            "Five Day Average Share Price" means the average of the closing bid
      prices of shares of the Common Stock (as reported by Bloomberg Financial
      Markets) in the over-the-market on the electronic bulletin board for such
      security (the "OTC Bulletin Board") (or such other United States stock
      exchange or public market (an "Alternative Exchange") on which the Common
      Stock trades if, at the time of exercise, the Common Stock is not trading
      on the OTC Bulletin Board), for the five (5) consecutive trading days
      immediately preceding the date of determination.

            "Governmental Authority" means any governmental, regulatory or
      self-regulatory entity, department, body, official, authority, commission,
      board, agency or instrumentality, whether federal, state or local, and
      whether domestic or foreign.

            "Holder" means the registered Person or Persons who shall from time
      to time own this Warrant.

            "Issuer" means TTR Technologies, Inc., a Delaware corporation, and
      its successors.

            "Original Issue Date" means February 29 , 2000.

            "Other Common" means any other Capital Stock of the Issuer of any
      class which shall be authorized at any time after the date of this Warrant
      (other than Common Stock) and which shall have the right to participate in
      the distribution of earnings and assets of the Issuer without limitation
      as to amount.

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            "OTC Bulletin Board" means the over-the-counter electronic bulletin
      board.

            "Person" means an individual, corporation, limited liability
      company, partnership, joint stock company, trust, unincorporated
      organization, joint venture, Governmental Authority or other entity of
      whatever nature.

            "Per Share Market Value" means on any particular date (a) the Five
      Day Average Share Price on such date, (b) if the Common Stock is not
      listed then on the OTC Bulletin Board or any Alternative Exchange, then
      the average of the "Pink Sheet" quotes for the five consecutive days
      immediately preceding such date, as determined in good faith by the
      Holder, or (c) if the Common Stock is not then publicly traded, the fair
      market value of a share of Common Stock as determined by the Company in
      good faith. In determining the fair market value of any shares of Common
      Stock, no consideration shall be given to any restrictions on transfer of
      the Common Stock imposed by agreement or by federal or state securities
      laws, or to the existence or absence of, or any limitations on, voting
      rights.

            "Securities" means any debt or equity securities of the Issuer,
      whether now or hereafter authorized, any instrument convertible into or
      exchangeable for Securities or a Security, and any option, warrant or
      other right to purchase or acquire any Security. "Security" means one of
      the Securities.

            "Securities Act" means the Securities Act of 1933, as amended, or
      any similar federal statute then in effect.

            "Subsidiary" means any corporation at least 50% of whose outstanding
      Voting Stock shall at the time be owned directly or indirectly by the
      Issuer or by one or more of its Subsidiaries, or by the Issuer and one or
      more of its Subsidiaries.

            "Term" has the meaning specified in Section 1 hereof.

            "Trading Day" means (a) a day on which the Common Stock is traded on
      the over the counter market as reported by the OTC Bulletin Board, or (b)
      if the Common Stock is not listed on the OTC Bulletin Board, a day on
      which the Common Stock is traded on any other registered national stock
      exchange, or (c) if the Common Stock is not quoted on the OTC Bulletin
      Board, a day on which the Common Stock is quoted in the over-the-counter
      market as reported by the National Quotation Bureau Incorporated (or any
      similar organization or agency succeeding its functions of reporting
      prices); provided, however, that in the event that the Common Stock is not
      listed or quoted as set forth in (a), (b) and (c) hereof, then Trading Day
      shall mean any day except Saturday, Sunday and any day which shall be a
      legal holiday or a day on which banking institutions in the State of New
      York are authorized or required by law or other government action to
      close.

            "Voting Stock", as applied to the Capital Stock of any corporation,
      means Capital Stock of any class or classes (however designated) having
      ordinary voting power for the election of a majority of the members of the
      Board of Directors (or other governing body) of such corporation, other
      than Capital Stock having such power only by reason of the happening of a
      contingency.

            "Warrant Price" means $5.56, as such price may be adjusted from time
      to time as shall result from the adjustments specified in Section 5
      hereof.

            "Warrant Share Number" means at any time the aggregate number of
      shares of Warrant Stock which may at such time be purchased upon exercise
      of this Warrant, after

                                       9
<PAGE>

      giving effect to all adjustments to such number made or required to be
      made under the terms hereof.

      "Warrant Stock" means Common Stock issuable upon exercise of this Warrant.

      11. Other Notices. In case at any time:

            (A)   the Issuer shall make any distributions to the holders of
                  Common Stock; or

            (B)   the Issuer shall authorize the granting to all holders of its
                  Common Stock of rights to subscribe for or purchase any shares
                  of Capital Stock of any class or of any Common Stock
                  Equivalents or Convertible Securities or other rights; or

            (C)   there shall be any reclassification of the Capital Stock of
                  the Issuer; or

            (D)   there shall be any capital reorganization by the Issuer; or

            (E)   there shall be any (i) consolidation or merger involving the
                  Issuer or (ii) sale, transfer or other disposition of all or
                  substantially all of the Issuer's property, assets or business
                  (except a merger or other reorganization in which the Issuer
                  shall be the surviving corporation and its shares of Capital
                  Stock shall continue to be outstanding and unchanged and
                  except a consolidation, merger, sale, transfer or other
                  disposition involving a wholly-owned Subsidiary); or

            (F)   there shall be a voluntary or involuntary dissolution,
                  liquidation or winding-up of the Issuer or any partial
                  liquidation of the Issuer or distribution to holders of Common
                  Stock;

then, in each of such cases, the Issuer shall give written notice to the Holder
of the date on which (i) the books of the Issuer shall close or a record shall
be taken for such dividend, distribution or subscription rights or (ii) such
reorganization, reclassification, consolidation, merger, disposition,
dissolution, liquidation or winding-up, as the case may be, shall take place.
Such notice also shall specify the date as of which the holders of Common Stock
of record shall participate in such dividend, distribution or subscription
rights, or shall be entitled to exchange their certificates for Common Stock for
securities or other property deliverable upon such reorganization,
reclassification, consolidation, merger, disposition, dissolution, liquidation
or winding-up, as the case may be. Such notice shall be given at least twenty
days prior to the action in question and not less than twenty days prior to the
record date or the date on which the Issuer's transfer books are closed in
respect thereto. The Issuer shall give to the Holder notice of all meetings and
actions by written consent of its stockholders, at the same time in the same
manner as notice of any meetings of stockholders is required to be given to
stockholders who do not waive such notice (or, if such requires no notice, then
two Trading Days written notice thereof describing the matters upon which action
is to be taken). The Holder shall have the right to send two representatives
selected by him to each meeting, who shall be permitted to attend, but not vote
at, such meeting and any adjournments thereof. This Warrant entitles the Holder
to receive copies of all financial and other information distributed or required
to be distributed to the holders of the Common Stock.

      12. Amendment and Waiver. Any term, covenant, agreement or condition in
this Warrant may be amended, or compliance therewith may be waived (either
generally or in a particular instance and either retroactively or
prospectively), by a written instrument executed by the Issuer and the Holder.

                                       10
<PAGE>

      13. Governing Law. THIS WARRANT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO
PRINCIPLES OF CONFLICTS OF LAW.

      14.   Notices. Any and all notices or other communications or deliveries
            required or permitted to be provided hereunder shall be in writing
            and shall be deemed given and effective on the earlier of (i) the
            date of transmission, if such notice or communication is delivered
            via facsimile at the facsimile telephone number specified for notice
            prior to 5:00 p.m., New York Time, on a Business Day, (ii) the
            Business Day after the date of transmission, if such notice or
            communication is delivered via facsimile at the facsimile telephone
            number specified for notice later than 5:00 p.m., New York Time, on
            any date and earlier than 11:59 p.m., New York Time, on such date,
            (iii) the Business Day following the date of mailing, if sent by
            nationally recognized overnight courier service or (iv) actual
            receipt by the party to whom such notice is required to be given.
            The addresses for such communications shall be with respect to the
            Holder of this Warrant or of Warrant Stock issued pursuant hereto,
            addressed to the Holder at its last known address or facsimile
            number appearing on the books of the Issuer maintained for such
            purposes, or with respect to the Issuer, addressed to:

                  TTR Technologies, Inc.
                  67 Wall St., Suite 2411
                  New York, NY  10023
                  Attn: Mark D. Tokayer Chairman and CEO

or to such other address or addresses or facsimile number or numbers as any such
party may most recently have designated in writing to the other parties hereto
by such notice. Copies of notices to the Holder shall be sent to the address or
addresses specified on the first page hereto.

      15. Warrant Agent. The Issuer may, by written notice to each Holder of
this Warrant, appoint an agent having an office in New York for the purpose of
issuing shares of Warrant Stock on the exercise of this Warrant pursuant to
subsection (b) of Section 2 hereof, exchanging this Warrant pursuant to
subsection (d) of Section 2 hereof or replacing this Warrant pursuant to
subsection (d) of Section 3 hereof, 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.

      16. Remedies. The Issuer stipulates that the remedies at law of the Holder
of this Warrant in the event of any default or threatened default by the Issuer
in the performance of or compliance with any of the terms of this Warrant are
not and will not be adequate and that, to the fullest extent permitted by law,
such terms may be specifically enforced by a decree for the specific performance
of any agreement contained herein or by an injunction against a violation of any
of the terms hereof or otherwise.

      17. Successors and Assigns. This Warrant and the rights evidenced hereby
shall inure to the benefit of and be binding upon the successors and assigns of
the Issuer and the Holder and shall be enforceable by the Holder.

      18. Modification and Severability. If, in any action before any court or
agency legally empowered to enforce any provision contained herein, any
provision hereof is found to be unenforceable, then such provision shall be
deemed modified to the extent necessary to make it enforceable by such court or
agency. If any such provision is not enforceable as set forth in the

                                       11
<PAGE>

preceding sentence, the unenforceability of such provision shall not affect the
other provisions of this Warrant, but this Warrant shall be construed as if such
unenforceable provision had never been contained herein.

      19. Headings. The headings of the Sections of this Warrant are for
convenience of reference only and shall not, for any purpose, be deemed a part
of this Warrant.

               [Remainder of this page intentionally left blank.]

                                       12
<PAGE>

      IN WITNESS WHEREOF, the Issuer has executed this Warrant as of the day and
year first above written.

                                         TTR TECHNOLOGIES, INC.

                                         By:  ____________________________
                                               Name:
                                               Title:

                                       13
<PAGE>

                                  EXERCISE FORM

                             TTR TECHNOLOGIES, INC.

The undersigned _______________, pursuant to the provisions of the within
Warrant, hereby elects to purchase _____ shares of Common Stock of
___________________ covered by the within Warrant.

Dated:  _________________                Signature  ___________________________
                                         Address  _____________________________
                                                  _____________________________

                                   ASSIGNMENT

FOR VALUE RECEIVED, __________________ hereby sells, assigns and transfers unto
__________ the within Warrant and all rights evidenced thereby and does
irrevocably constitute and appoint _________________, attorney, to transfer the
said Warrant on the books of the within named corporation.

Dated:  _________________                Signature  ___________________________
                                         Address  _____________________________
                                                  _____________________________

                               PARTIAL ASSIGNMENT

FOR VALUE RECEIVED, __________________ hereby sells, assigns and transfers unto
__________ the right to purchase ___________ shares of Warrant Stock evidenced
by the within Warrant together with all rights therein, and does irrevocably
constitute and appoint _________________, attorney, to transfer that part of the
said Warrant on the books of the within named corporation.

Dated:  _________________                Signature  ___________________________
                                         Address  _____________________________
                                                  _____________________________

<PAGE>

                           FOR USE BY THE ISSUER ONLY:

      This Warrant No. W___________ canceled (or transferred or exchanged) this
_____ day of ___________, _____, shares of Common Stock issued therefor in the
name of _______________, Warrant No. W-HCW _____ issued for ____ shares of
Common Stock in the name of _______________.Exhibit 10.42

                                    AGREEMENT

      AGREEMENT made this 29th day of November, 1999, between Biscount Overseas
      Ltd., a private company with offices at Freilager Strasse 47, Zurich,
      Switzerland ("Biscount"), Shimshon Halperin, with an address at 20
      Wallenberg Circle, Monsey, New York, 10952 ("Halperin") and Tuva Financial
      Ltd., a private company with offices at Mannenstrasse 2, Zurich,
      Switzerland ("Tuva"), on the one hand, and TTR Technologies, Inc., a
      Delaware company with offices at 1841 Broadway, New York, New York ("TTR
      Inc.") and TTR Technologies Ltd., an Israeli company with offices at 2
      HaNagar Street, Kfar Saba, Israel ("TTR Ltd." together with "TTR Inc." the
      "Companies") on the other hand.

                               W I T N E S S E T H

      WHEREAS, Biscount, Halperin, Tuva and the Companies desire to settle
certain differences of opinion amongst them on the terms and conditions set
forth herein.

      NOW, THEREFORE, in consideration of the terms and conditions hereafter set
forth, the adequacy and sufficiency of which are hereby acknowledged, the
parties agree hereafter as follows:

1. Agreement by TTR Inc. Subject to the terms and conditions set forth herein
and in consideration of the releases contained herein, without acknowledging any
admittance of liability TTR Inc. undertakes to (i) remit to Biscount the
following amounts upon the occurrence of the events specified below and solely
from the sources identified below and (ii) issue the following securities, all
as therein specified:

      (i) $75,000 on the Closing Date (as hereinafter defined);

      (ii) $75,000 within ten (10) business days following TTR Inc.'s receipt of
the proceeds of any investment by the strategic investor with whom it is
currently in negotiations and solely from such proceeds; provided, that, if such
investment is not consummated, then such amount shall be remitted solely from
the net proceeds by TTR Inc. of any equity investment where the net proceeds to
TTR Inc. thereof shall aggregate at least $2 million; provided, that, the
payment thereof will not be restricted by the terms of such investment;

      (iii) $50,000 upon (and subject to) the reduction of the aggregate amount
of principal and accrued interest owing by TTR Inc. to the investors holding TTR
Inc. debentures issued between April and December 1998 in connection with TTR
Inc.'s private placement financing (hereinafter, the "Bridge Loan Financing") to
an aggregate amount not exceeding $500,000, such amount to be remitted in the
calendar quarter following the calendar quarter on which such reduced amount of
Bridge Loan Financing has been recorded on the Company's quarterly or year-end
financial statement;

provided, that, in the event that the Company is unable to make (or for any
reason has not yet made) the payment specified in items (ii) and (iii) above as
contemplated therein, then such amounts shall become due and payable solely from
TTR Inc.'s operating revenues at the rate of twenty percent (20%) of such
revenues actually received by the Company (such amount payable being the
"Remittable Revenue

<PAGE>

Amount") and the Remittable Revenue Amount shall be remitted to Biscount within
15 business days following its receipt and recording by the Company; and

      (iv) On the Closing Date, issue to Biscount warrants to purchase up to
15,000 shares of TTR Inc.'s Common Stock par value $0.001 ("Common Stock") at an
exercise price per share of $2.50 and warrants to purchase up to 35,000 shares
of Common Stock at an exercise price per share of $3.50, such warrants to be
substantially on the form attached hereto as Exhibit A. The amounts payable to
Biscount under Items (i) through (iii) above and the securities issued under
item (iv) above shall hereinafter be referred to collectively as the "Settlement
Amount".

2. Release.

(a) In consideration of the Company's agreement to remit to Biscount the
Settlement Amount, each of Biscount, Tuva and Halperin (and each of their
respective officers, directors, employees, shareholders, attorneys, agents,
heirs, successors, executors, personal representatives and assigns) does hereby
absolutely and unconditionally waive, release and forever discharge each of the
Companies, their respective affiliates, officers, directors, shareholders,
employees, agents, attorneys, insurers, successors and assigns, from any claims,
demands, obligations, liabilities, rights, causes of action and damages, whether
liquidated or unliquidated, absolute or contingent, known or unknown, arising
prior to or concurrent with the date hereof including specifically, but without
limiting the generality of the foregoing, claims relating to or arising as a
result of any investment in the Companies. The foregoing release shall not be
construed as a waiver by Biscount, Tuva or Halperin of the due and full
performance by the Companies of its obligations specifically undertaken pursuant
to this Agreement.

(b) In consideration of the releases in Section 2 (a) above, each of Companies
(and each of their respective officers, directors, employees, shareholders,
attorneys, agents, heirs, successors, executors, personal representatives and
assigns) does hereby absolutely and unconditionally waive, release and forever
discharge each of Biscount, Tuva and Halperin, their respective affiliates,
officers, directors, shareholders, employees, agents, attorneys, insurers,
successors and assigns, from any claims, demands, obligations, liabilities,
rights, causes of action and damages, whether liquidated or unliquidated,
absolute or contingent, known or unknown, arising prior to or concurrent with
the date hereof.

3. Closing. The closing of the transactions contemplated hereby shall take place
on on such date on or prior to Tuesday November 30, 1999 as shall be mutually
agreed to by the parties at a time and place mutually agreeable to the parties
(such date being the "Closing Date").

4. Confidentiality. Each of Biscount, Tuva, Halperin and the Companies hereby
undertakes (i) to keep confidential and (ii) not to disclose to any party - any
and all matters relating to this Agreement, unless required by applicable law or
relevant regulations.

5. Reliance and Complete Agreement. The parties acknowledge and agree that in
the execution of this Agreement, neither has relied upon any representation by
any party or attorney, except as expressly stated herein. Moreover, this
Agreement shall represent the complete and entire agreement between the parties,
to the exclusion of any and all other prior or concurrent terms, written or
oral. No supplement, modification or waiver or termination of this Agreement or
any provision hereof shall be binding unless executed in writing by the parties
to be bound thereby.

                                        2
<PAGE>

6. Headings. Section and subsection headings are not to be considered part of
this Agreement and are included solely for convenience and are not intended to
be full or accurate descriptions of the content thereof.

7. Successors and Assigns. Except as otherwise provided in this Agreement, all
the terms and provisions of this Agreement shall be upon, and shall inure to the
benefit of, the parties hereto and their respective heirs, personal
representatives, successors and assigns.

8. Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

9. Entire Agreement. This Agreement may be executed in counterparts. This
Agreement constitutes the entire agreement among the parties hereto with respect
to the subject matter hereof and supersedes any prior or contemporaneous
understanding or agreement, written or verbal, among the parties with respect to
the subject matter hereof.

10. Governing Law; Forum

      10.1 This Agreement, its validity, construction and effect shall be
governed by and construed under the laws of the State of New York. All disputes,
controversies, differences or questions arising out of or relating to this
Agreement, or to the validity, interpretation, breach, violation or term
thereof, will be finally and solely determined and settled by an arbitrator in
Israel, mutually agreed upon or appointed by the Parties.

      10.2 Such arbitrator shall not be bound by the rules of evidence or civil
procedure but shall give written reasons for any decision. The signing of this
Agreement constitutes a an agreement to arbitrate under Article 75 of the New
York Civil Practice Law and Rules.

      10.3 The arbitrator shall be authorized to render interim decisions and
partial verdicts and shall have the right to issue verdicts whether of law or
compromise.

      10.4 In the absence of agreement between the Parties either shall have the
right to apply to American Arbitration Association, New York Office to appoint
an arbitrator to act in accordance with the provisions set out in this section
10.

11. Representation. Each Party acknowledges that they have had the opportunity
to consult with legal counsel respecting this Agreement. Each person executing
this Agreement on behalf of a corporation hereby represents and warrants that he
has been authorized to do so by all necessary corporate action.

12. Non-Disparagement. None of Halperin (and his respective heirs, personal
representatives, successors), Biscount, Tuva or the Companies (and their
respective officers, directors, employees, agents, attorneys, insurers,
successors and assigns) shall disparage the other parties hereto or their
businesses.

      IN WITNESS WHEREOF, each of the parties has set forth its/ his signature
as of the date first written above.

                                        3
<PAGE>

Biscount Overseas Ltd.              TTR Technologies, Inc.

By: /s/ Josef Ovadiah               By: /s/ Marc D. Tokayer
    -------------------------           --------------------------
Title: President                    Title: President

Tuva Financial Ltd.

By: /s/ Mina Ledereich
    -------------------------
Title: Director

/s/ Shimshon Halperin
-----------------------------
Shimshon Halperin
                                    TTR Technologies Ltd.

                                    By: /s/ Marc D. Tokayer
                                        ----------------------
                                    Title: President

                                        4
<PAGE>

                                    EXHIBIT A

                                     WARRANT

NEITHER THIS WARRANT NOR THE SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE
SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH
THE REPRESENTATIONS AND AGREEMENTS MADE BY THE RECORD HOLDER HEREOF SET FORTH IN
THIS WARRANT.

                             TTR TECHNOLOGIES, INC.

                          COMMON STOCK PURCHASE WARRANT

                                   in favor of

                              BISCOUNT OVERSEAS LTD

                                                Date:_____________

No.                                       _______  Common Shares

      FOR VALUE RECEIVED, TTR TECHNOLOGIES, INC., a Delaware company (the
      "Company"), hereby grants to BISCOUNT OVERSEAS LTD. or its registered
      assignees (the "Holder"), the right to purchase, subject to the terms and
      conditions hereof, __________ (______) fully paid and non-assessable
      shares of Common Stock of the Company, par value $0.001 ("Shares"). The
      purchase price for each Share purchased pursuant to this Warrant shall be
      equal to $____, subject to the terms hereof. Hereinafter, (i) such Shares,
      together with any other equity security which may be issued by the Company
      in substitution therefor, are referred to as the "Shares"; (ii) the shares
      purchasable hereunder are referred to as the "Warrant Shares"; (iii) and
      the price payable hereunder for each of the Warrant Shares, as adjusted in
      the manner set froth hereinafter, is referred to as the "Per Share Warrant
      Price"; and (iv) this warrant and all warrants hereafter issued in
      exchange or substitution for this Warrant are referred to as the
      "Warrants". The Per Share Warrant Price and the number of Warrant Shares
      are subject to adjustment as hereinafter provided.

1. Warrant Period; Exercise of Warrant

                                       5
<PAGE>

      1.1 This Warrant may be exercised in whole at any time commencing 9:00
      a.m., New York City time, on any business day on or after the issuance
      thereof and continuing up to the third anniversary thereof (the "Warrant
      Period"), by the surrender of this Warrant (with a duly executed exercise
      form in the form attached at the end hereof as Exhibit A) at the principal
      office of the Company, together with the proper payment of the Per Share
      Warrant Price times the number of Warrant Shares.

      1.2 Upon such surrender of this Warrant, the Company will: a) issue a
certificate or certificates in the name of Holder for the Warrant Shares to
which the Holder shall be entitled and (b) deliver the other securities and
properties receivable upon the exercise of this Warrant, pursuant to the
provisions of this Warrant.

      1.3 Any stamp tax attributable to the issuance of the Shares shall be
      borne solely by Holder.

      1.4 Unless there is an effective registration statement under the
      Securities Act of 1933, as amended, (the "Securities Act") covering the
      resale of the Warrant Shares, at the option of the Holder, in lieu of
      exercising this Warrant in the manner provided in Subsection 1.1 above,
      the Holder may elect, pursuant to the terms of this Subsection 1.1, to
      receive Shares equal to the value of this Warrant (taking into account
      only that portion of this Warrant that is then exercisable) by surrender
      of this Warrant at the principal office of the Company together with
      notice of such election in which event the Company shall issue to the
      Holder a number of Shares using the following formula:

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

where X = The number of Shares to be issued to the Holder.

      Y = The number of Shares purchasable under this Warrant (at the date of
such calculation).

      A = The fair market value of one Share (at the date of such calculation).

      B = The Per Share Warrant Purchase Price.

2. Representations and Warranties

      The Holder (i) represents, warrants, covenants and agrees that the Warrant
      and the underlying Warrant Shares are being acquired by the Holder for the
      Holder's own account, for investment purposes only, and not with a view to
      or for the sale in connection with any distribution thereof or with any
      present intention of selling or distributing all or any part of the
      Warrant or the Warrant Shares; (ii) understands (x) that

                                       6
<PAGE>

      if it should thereafter decide to dispose of such Warrant or Warrant
      Shares (which it does not contemplate at such time) it may do so only in
      compliance with the Securities Act, (y) this Warrant and the Warrant
      Shares are not registered under the Securities Act; and (iii) acknowledges
      that, as of the date hereof, it has been given a full opportunity to ask
      questions of and to receive answers from the Company concerning this
      Warrant and the Warrant Shares and the business of the Company and to
      obtain such information as it desired in order to evaluate the acquisition
      of this Warrant and the Warrant Shares, and all questions have been
      answered to its full satisfaction.

3. Reservation of Shares

      The Company covenants that at all times during the Warrant Period it shall
      have authorized and in reserve, and will keep available solely for
      issuance or delivery upon exercise of the Warrant, the Warrant Shares and
      other securities and properties as from time to time shall be receivable
      upon the exercise of this Warrant, free and clear of preemptive rights and
      restrictions on sale or transfer except as otherwise set forth herein or
      in the By-Laws.

4. Registration Rights

      The Holder acknowledges that there exists an effective Company
      registration statement filed under the Securities Act on or about October
      4, 1999 [Registration No. 333-85085] (the "Filed Registration Statement"),
      which Filed Registration Statement inludes certain securities (other than
      the Warrant Shares) held by the Holder. The Holder further acknowledges
      that the Filed Registration Statement was filed pursuant to the terms of a
      Registration Rights Agreement, dated as May 13, 1999, between the Company
      and the Initial Investors named therein (the "Initial Investors"). The
      Company will explore the option of amending the Filed Registration
      Statement to include the Warrant Shares, subject to the Holder executing a
      lock-up agreement in substantailly the same form as previously signed by
      Biscount.

      In the event that the Company does not for whatever reason amend the Filed
      Registation Statement to include the Warrant Shares, then if the Company
      shall file a registration statement for any shares of its Common Stock, it
      shall include in the registration statement relating thereto the Warrant
      Shares, except that where such registration statement was filed on behalf
      of a shareholder or a rights holder, such inclusion shall be with the
      consent of such shareholder or rightsholder. In the event that such
      registration offering involves an underwriting, the rights of the Holder
      to have the Warrant Shares included in such registration statement shall
      be conditional upon the underwriter's determination as to the marketing
      factors requiring limitation of such right, and the underwriter may
      preclude any or all securities of the Holder which could have otherwise
      been included in such offering.

                                       7
<PAGE>

5. Adjustment

      5.1 In case prior to the expiration of this Warrant by exercise or by its
      terms the Company shall issue any shares of its Common Stock as a stock
      dividend or subdivide the number of outstanding shares of Common Stock
      into a greater number of shares by a stock split or a similar transaction,
      then, in either of such cases, the Exercise Price per share of the Warrant
      Shares purchasable pursuant to this Warrant in effect at the time of such
      action shall be proportionately reduced and the number of Warrant Shares
      purchasable at that time shall be proportionately increased; and,
      conversely, in the event the Company shall contract the number of
      outstanding shares of Common Stock by combining such shares into a smaller
      number of shares by a reverse split or similar transaction, then, in such
      case, the Exercise Price per share of the Warrant Shares purchasable
      pursuant to this Warrant shall be proportionately increased and the number
      of Warrant Shares purchaseable at that time shall be propotionately
      reduced. Any dividend paid or distributed upon the Common Stock in stock
      of any other class of securities convertible into shares of Common Stock
      shall be treated as a dividend paid in Common Stock to the extent that
      shares of Common Stock are issuable upon conversion thereof.

      5.2 In case of any consolidation or merger of the Company with or into
      another corporation (other than a merger or consolidation in which the
      Company is the surviving or the continuing corporation) or in the case of
      any sale or conveyance to another corporation or other entity of the
      property, assets or business of the Company as an entirety or
      substantially as an entirety, in any such case, the Company or such
      successor or purchasing corporation or entity, as the case may be, shall
      (i) execute with the Holder an agreement that the Holder shall have the
      right thereafter to receive upon the exercise of the Warrant the kind and
      amount of shares and/or other securities or other property which he would
      have owned or have been entitled to receive after the happening of such
      consolidation, merger, sale or conveyance had the Warrant been exercised
      immediately prior to such action, (ii) make effective provision in its
      certificate of its incorporation or otherwise, if necessary, in order to
      effect such agreement, and (iii) set aside or reserve for the benefit of
      the Holder, the stock, securities, property and cash to which the Holder
      would be entitled to upon exercise of this Warrant.

      5.3 In case of any reclassification or change of the Warrant Shares
      issuable upon exercise of this Warrant (other than a change in par value
      or from no par value to a specific par value, or as a result of a
      subdivision or combination, including any change in the shares into two or
      more classes or series of shares), or in the case of any consolidation or
      merger of another corporation into the Company in which the Company is the
      continuing corporation and in which there is a reclassification or change
      (including a change in the right to receive cash or other property) of the
      Shares (other than a change in the par value, or from no par

                                       8
<PAGE>

      value to a specific par value or, as a result of a subdivision or
      combination, including any change in the shares into two or more classes
      or series of shares), Holder shall have the right thereafter to receive
      upon exercise of this Warrant solely the kind and amount of shares of
      stock and other securities, property, cash or combination thereof
      receivable upon such reclassification, change, consolidation or merger by
      a holder of the number of Shares for which this Warrant might have been
      exercised immediately prior to such reclassification, change,
      consolidation or merger.

      5.4 The above provisions of this paragraph 5 shall similarly apply to
      successive reclassifications and changes of Shares and to successive
      consolidations, sales, leases or conveyances.

6. Limited Transfer

      (a) This Warrant may not be sold, transferred, assigned or hypothecated by
the Holder except in a transation exempt from registration under the Securities
Act and any applicable state securities laws, and is so transferable only on the
books of the Company which the Company shall cause to be maintained for such
purpose. The Company may treat the registered holder of record as the Holder for
all purposes. The Company may require the Holder to provide the Company with an
opinion of counsel in substance reasonably satisfactory to it or to its counsel
as to such exemption. The Company shall permit any holder of a Warrant or his
duly authorized attorney, upon written request during ordinary business hours,
to inspect and copy or make extracts from its books showing the registered
holders of Warrants.

      (b) In no event shall the Company be obligated to effect any transfer of
Warrants or Warrant Shares unless a registration statement is in effect with
respect thereto under applicable state and Federal securities laws or unless the
Company has received an opinion in substance reasonably satisfactory to it from
counsel that such registration is not required. Unless registered, the Warrant
Shares issued upon exercise of the Warrants shall be subject to a stop transfer
order and the certificate or certificates evidencing such Warrant Shares shall
bear the following legend:

"THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, PURSUANT TO A REGISTRATION STATEMENT.
ACCORDINGLY, SUCH SHARES MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO A
REGISTRATION STATEMENT UNDER SUCH ACT, OR AN EXEMPTION FROM REGISTRATION UNDER
SUCH ACT."

7. Loss, etc. of Warrant

Upon receipt of evidence satisfactory to the Company of the loss, theft,
destruction or mutilation of this Warrant, and of indemnity reasonably
satisfactory to the Company, if lost, stolen or

                                       9
<PAGE>

destroyed, and upon surrender and cancellation of this Warrant, if mutilated,
and upon reimbursement of the Company's reasonable incidental expenses, the
Company shall execute and deliver to the Holder a new Warrant of like date,
tenor and denomination.

8. Warrant Holder Not Shareholder

Except as otherwise provided herein, this Warrant does not confer upon the
Holder any right to vote or to consent or to receive notice as a shareholder of
the Company, as such, in respect of any matters whatsoever, or any other rights
or liabilities as a shareholder, prior to the exercise hereof.

9. Headings

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

10. Notices.

Unless otherwise provided, any notice required or permitted under this Warrant
shall be given in writing and shall be deemed effectively given upon personal
delivery to the party to be notified or seven (7) days after deposit with a
National Post Office, for dispatch by registered or certified mail, postage
prepaid and addressed to the Holder at the address set forth in the Company's
books and to the Company at the address of its principal offices set forth
above. With respect to Holders located outside Israel, such notice shall be
deemed effectively given upon personal delivery to the party to be notified, 15
business days after deposit with a National Post Office for dispatch by
registered or certified airmail, or when given by telecopier or other form of
rapid written communication, provided that confirming copies are sent by such
airmail.

11. Governing Law

This Warrant shall be governed by and construed and enforced in accordance with
the laws of the State of New York applicable to contracts made and performed
within such State.

IN WITNESS WHEREOF, the Company has caused this Common Stock Purchase Warrant to
be executed as of the date first written above.

TTR TECHNOLOGIES, INC.

By: _________________________

                                    EXHIBIT A

                              WARRANT EXERCISE FORM

                                       10
<PAGE>

                                          ________________, ____

TO: TTR Technologies, Inc.
RE: Exercise of Warrant

The undersigned hereby irrevocably elects to exercise the attached Warrant to
the extent of ___________________ Common Shares of TTR Technologies, Inc. at
$7.80 per Common Share. Payment to the Company of the total purchase price for
such shares has been made simultaneously with the delivery of this exercise of
warrant.

By: ____________________________

                                      11

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