Document:

THIS
      CONVERTIBLE PROMISSORY NOTE AND THE SHARES OF COMMON STOCK INTO WHICH ALL OR
      A
      PORTION OF THE PRINCIPAL AMOUNT HEREOF AND INTEREST ACCRUED THEREON MAY BE
      CONVERTED MAY NOT BE SOLD, ASSIGNED, TRANSFERRED, CONVEYED, PLEDGED,
      HYPOTHECATED, ENCUMBERED, OR OTHERWISE DISPOSED OF UNLESS (A) THEY ARE COVERED
      BY A REGISTRATION STATEMENT OR POST-EFFECTIVE AMENDMENT THERETO, EFFECTIVE
      UNDER
      THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) SUCH SALE, ASSIGNMENT, TRANSFER,
      CONVEYANCE, PLEDGE, HYPOTHECATION, ENCUMBRANCE OR OTHER DISPOSITION IS EXEMPT
      FROM THE PROVISIONS OF SECTION 5 OF THAT ACT AND ANY OTHER APPLICABLE SECURITIES
      LAWS.

    

    CONVERTIBLE
      PROMISSORY NOTE

    

    FOR
      VALUE RECEIVED, WEB2 CORP.,
      a
      Delaware corporation (the “Maker”), promises to pay to WHWW
      FIVE, LLC,
      a
      Florida limited liability company (the “Payee”), the principal amount of Three
      Hundred Thousand Dollars ($300,000.00), together with simple interest on the
      principal amount of this Convertible Promissory Note (the “Note”) from time to
      time outstanding at the rate of eighteen percent (18%) per annum. Interest
      on
      the principal amount of this Note shall be deemed to have commenced on January
      1, 2008.

    

    Interest
      accrued on the principal amount of this Note from time to time outstanding
      shall
      be due and payable on August 5, 2008, February 5, 2009, August 5, 2009 and
      February 5, 2010. The entire principal amount of this Note, together with all
      accrued but unpaid interest thereon, shall be finally due and payable on
      February 5, 2010.

    

    Pre-Payment.
      The
      principal amount of this Note and any interest accrued thereon may be prepaid
      in
      whole or in part at any time prior to maturity without premium or penalty of
      any
      kind. Any amount paid to the Payee or other holder hereof (collectively, the
      “Holder”) shall be applied first to interest accrued to the date of such payment
      and then to the principal amount hereof then outstanding.

    

    Events
      of Default.
      The
      occurrence of any one or more of the following events or conditions shall
      constitute an “Event of Default” under this Note:

    

    (a) The
      Maker
      shall fail for any reason to make any payment, whether of principal, interest
      or
      otherwise, when due and payable pursuant to the provisions of this
      Note;

    

    (b) The
      Maker
      shall (i) admit in writing its inability to pay its debts generally as they
      become due, (ii) file a voluntary petition under any bankruptcy, insolvency
      or
      other law for the relief or aid of debtors, including without limitation the
      Bankruptcy Code of 1978, as amended, (iii) make any assignment for the benefit
      of its creditors or (iv) enter into any composition agreement;

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (c) An
      involuntary petition shall be filed against the Maker under any bankruptcy,
      insolvency or other law for the relief or aid of debtors, including without
      limitation the Bankruptcy Code of 1978, as amended, which involuntary petition
      is not dismissed within sixty (60) days after the date of the filing
      thereof;

    

    (d) Any
      court
      of competent jurisdiction shall find that the Maker is insolvent or
      bankrupt;

    

    (e) A
      receiver or trustee shall be appointed for the Maker or for all or a substantial
      portion of its assets and properties.

    

    (f) The
      Maker
      shall fail to observe or to perform any or all of its agreements, covenants
      and
      obligations, or shall otherwise breach, violate or default under, any material
      agreement, note, mortgage, lease, contract, guaranty or other instrument to
      which it is a party or by which it or any or all of its properties or assets
      are
      bound;

    

    (g) The
      Maker
      shall fail to observe or to perform any or all of its agreements, covenants
      and
      obligations, or shall otherwise breach, violate or default under, that certain
      Settlement Agreement dated February 6, 2008 by and between the Maker and the
      Payee;

    

    (h) A
      final
      judgment shall be entered against the Maker which is not satisfied or bonded
      in
      full within thirty (30) days after the date of the entry thereof;

    

    (i)
       Any
      or
      all of the assets and properties of the Maker shall be levied upon, seized
      or
      attached;

    

    (j) All
      or a
      substantial portion of the assets and properties of the Maker shall be lost,
      stolen, damaged or destroyed;

    

    (j) The
      Maker
      shall enter into any agreement to, or shall, sell all or substantially all
      of
      its assets and properties, or merge or consolidate with or into any other
      corporation or entity; or

    

    (k) The
      Maker
      shall cease to conduct its business, adopt any plan of liquidation, liquidate
      or
      dissolve.

    

    Remedies.
      Upon
      the occurrence of an Event of Default:

    

    (1) at
      the
      option of the Holder, all amounts outstanding hereunder, whether principal,
      interest or otherwise, shall become immediately due and payable; 

    

    (2) simple
      interest shall accrue on the then outstanding principal amount hereof from
      the
      date of any such Event of Default to the date of payment in full of the then
      outstanding principal amount hereof at the highest rate of interest permitted
      by
      the laws of the State of Florida; and

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    (3) the
      Maker
      shall pay all reasonable costs and expenses of collection of this Note,
      including without limitation reasonable attorneys’ fees, costs and expenses,
      paid or incurred by the Holder hereof, whether paid or incurred in connection
      with collection by suit or otherwise.

    

    Conversion.
      All or
      any portion of the outstanding principal amount of this Note and interest
      accrued hereon may be converted into shares of common stock, par value $.001
      per
      share, of the Maker (the “Common Stock”), at a conversion price of Two Cents
      ($0.02) per share of Common Stock (the “Conversion Price”), as
      follows:

    

    (a) At
      any
      time after August 6, 2008, up to One Hundred Thousand Dollars ($100,000.00)
      of
      the outstanding principal amount of this Note and interest accrued hereon may
      be
      converted into shares of Common Stock at the Conversion Price.

    

    (b) At
      any
      time after February 6, 2009, up to Two Hundred Thousand Dollars ($200,000.00)
      of
      the outstanding principal amount of this Note and interest accrued hereon may
      be
      converted into shares of Common Stock at the Conversion Price.

    

    (c) At
      any
      time after August 6, 2009, all or any portion of the outstanding principal
      amount of this Note and interest accrued hereon may be converted into shares
      of
      Common Stock at the Conversion Price.

    

    Any
      such
      conversion shall take place upon the delivery by the Holder of written notice
      of
      conversion to the Maker, together with this Note marked “cancelled.” The Maker
      shall promptly deliver to the Holder one or more certificates representing
      the
      shares of Common Stock into which the principal amount of this Note shall have
      been so converted. If the Holder elects to convert a portion, but not all,
      of
      the principal amount of this Note, then the Maker shall also promptly deliver
      to
      the Holder a new promissory note substantially similar to this Note but
      reflecting the new principal amount thereof.

    

    At
      all
      times after August 6, 2008, the Maker shall reserve and keep available out
      of
      its authorized, but unissued shares of Common Stock, such number of shares
      of
      Common Stock as shall from time to time be sufficient to effect the conversion
      of this Note as provided for herein. If at any time the number of authorized
      but
      unissued shares of Common Stock shall not be sufficient to satisfy such
      conversion, then the Maker shall promptly take such corporate action as may
      be
      necessary to increase its authorized but unissued shares of Common Stock to
      such
      number of shares of Common Stock as shall be sufficient for such
      purpose.

    

    If
      at any
      time after the date hereof the Maker declares or authorizes any dividend (other
      than a cash dividend), stock split, reverse stock split, combination, exchange
      of shares of Common Stock, or there occurs any recapitalization,
      reclassification (including any consolidation or merger of which the Maker
      is
      not the surviving corporation), sale of property or assets, reorganization
      or
      liquidation, or if the outstanding shares of Common Stock are changed into
      the
      same or a different number of shares of Common Stock of the same or another
      class or classes of stock of the Maker, then the Maker shall cause effective
      provision to be made so that the Holder shall, upon conversion of the principal
      amount of this Note following such event, be entitled to receive the number
      of
      shares of stock or other securities or the cash or property of the Maker (or
      of
      the successor corporation or other entity resulting from any consolidation
      or
      merger) to which the shares of Common Stock (and any other securities)
      deliverable upon the conversion of the principal amount of this Note would
      have
      been entitled if the principal amount of this Note had been converted
      immediately prior to the earlier of (a) such event and (b) the record date,
      if
      any, set for determining the shareholders entitled to participate in such event,
      and the Conversion Price shall be adjusted appropriately so that the aggregate
      amount payable by the Maker upon the full conversion of this Note remains the
      same.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    The
      Maker
      shall not effect any recapitalization or reclassification unless, upon the
      consummation thereof, the successor corporation or entity shall by written
      instrument assume the obligation to deliver to the Holder the shares of stock,
      securities, cash or property that the Holder shall be entitled to acquire in
      accordance with the foregoing provisions, which instrument shall contain
      provisions calculated to ensure for the Holder, to the greatest extent
      practicable, the benefits provided for in this Note.

    

    Limitation
      on Conversion Rights.
      Notwithstanding
      anything contained in this Note to the contrary, in no event shall the Holder
      be
      entitled to convert all or a portion of the principal amount of this Note or
      any
      interest accrued hereon for a number of shares of Common Stock in excess of
      that
      number of shares of Common Stock which, upon giving effect to such exercise,
      would cause the aggregate number of shares of Common Stock beneficially owned
      by
      the Holder to exceed Four and Ninety-Nine One Hundredths Percent (4.99%) of
      the
      outstanding number of shares of Common Stock following such
      exercise.

    

    For
      purposes of the foregoing, the aggregate number of shares of Common Stock
      beneficially owned by the Holder shall include the number of shares of Common
      Stock issuable upon conversion of the principal amount of this Note and any
      interest accrued hereon with respect to which the determination is being made,
      but shall exclude shares of Common Stock which would be issuable
      upon
      (i)
      exercise
      of the remaining
      principal amount of this Note held
      by
      the Holder and
      (ii)
      exercise or conversion of
      the
      unexercised or unconverted portion of any other securities of the Maker
beneficially
      owned by the Holder (including, without limitation, any promissory notes,
      convertible notes or preferred stock) subject
      to a limitation on conversion or exercise analogous to the limitation contained
      herein. Except
      as
      set forth
      in the
preceding
      sentence, for purposes of this of this Note,
      beneficial ownership shall
      be
      calculated in accordance with Section 13(d) of the Securities Exchange Act
      of
      1934 and the rules and regulations promulgated thereunder.

    

    For
      purposes of this Note, in determining the number of outstanding shares of Common
      Stock,
      the
      Holder may
      rely
      on the number of outstanding shares of Common Stock as reflected in (1) the
      Payee’s most recent Quarterly Report or Annual Report filed with the Securities
      and Exchange Commission, as the case may be, (2) a
      more
recent
      public announcement by the Payee or (3) any other notice by the Payee or its
      transfer agent setting forth the number of shares of Common Stock
      outstanding.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    Upon
      the
      written request of the Holder, the Maker shall promptly, but in no event later
      than
      one
      business day following
      the
receipt
      of such notice, confirm in writing to the Holder the number of
      shares
      of Common Stock
      then
      outstanding.

    

    In
      any
      case,
      the
number
      of
      outstanding shares of Common Stock
      shall be
      determined after
      giving effect
      to the
conversion
      of the principal amount of this Note and any interest accrued thereon
by
      the
      Holder
      since
      the
date
      as
      of which such number of outstanding shares of Common Stock was
      reported.

    

    Registration
      of Securities.
      The
      Holder shall have the right at any time and from time to time to require the
      Maker to register this Note and the shares of Common Stock issuable upon
      conversion of all or any portion of this Note and interest accrued thereon
      for
      resale to the public under the Securities Act of 1933, as amended, and any
      applicable state securities or blue sky laws. Any request for such registration
      shall be made by delivery of written notice to the Maker. The Holder shall
      promptly furnish to the Maker such information as the Maker shall reasonably
      request to enable it to prepare and file any and all required registration
      statements and amendments thereto. Except as may be required by law, the Maker
      shall pay all fees and costs incurred in connection with the preparation and
      filing of any registration statement with the Securities and Exchange Commission
      and any applicable state securities authorities.

    

    Waivers.
      The
      Maker and each endorser of this Note severally waives demand, protest,
      presentment and notice of maturity, non-payment or protest and any and all
      requirements necessary to hold each of them liable as a maker or endorser
      hereof.

    

    The
      waiver by the Holder of the Maker’s prompt and complete performance of, or
      default under, any provision of this Note shall not operate nor be construed
      as
      a waiver of any subsequent breach or default and the failure by the Holder
      to
      exercise any right or remedy which it may possess hereunder shall not operate
      nor be construed as a bar to the exercise of any such right or remedy upon
      the
      occurrence of any subsequent breach or default.

    

    Governing
      Law.
      This
      Note shall be governed by, and shall be construed and interpreted in accordance,
      with the laws of the State of Florida, without giving effect to the principles
      of conflicts of laws thereof.

    

    Entire
      Agreement.
      This
      Note constitutes the entire agreement between the parties with respect to the
      subject matter hereof and supersedes all prior agreements, understandings,
      negotiations and arrangements, both oral and written, between the parties with
      respect to such subject matter. This Note may not be modified, amended, altered
      or changed unless by a written instrument executed and delivered by the
      Maker.

    

    Benefits;
      Binding Effect.
      This
      Note shall be for the benefit of, and shall be binding upon, the Maker and
      the
      Payee and their respective successors and assigns.

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

    Jurisdiction
      and Venue.
      Any
      claim or dispute arising out of, connected with, or in any way related to this
      Note shall be instituted by the complaining party and adjudicated in a court
      of
      competent jurisdiction located in Orange County, Florida, and the Maker consents
      to the personal jurisdiction of, and venue in, such courts. In no event shall
      the Maker contest the personal jurisdiction of such courts or the venue of
      such
      courts. The Maker acknowledges that the provisions of this paragraph constitute
      a material inducement for the Payee to extend credit to the Maker as evidenced
      by this Note, and that but for the inclusion of such provision in this Note
      the
      Payee would not continue to extend credit to the Maker.

    

    Waiver
      of Trial by Jury.
      In any
      suit for the collection of any amount, whether of principal, interest or
      otherwise, which shall have become due and payable under this Note, the Maker
      knowingly, voluntarily and intentionally waives any right which it may have
      to a
      trial by jury. The Maker acknowledges that the provisions of this paragraph
      constitute a material inducement for the Payee to extend credit to the Maker
      as
      evidenced by this Note, and that but for the inclusion of such provision in
      this
      Note the Payee would not continue to extend credit to the Maker.

    

    Headings.
      The
      headings contained in this Note are for reference purposes only and shall not
      affect in any way the meaning or interpretation of any or all of the provisions
      hereof.

    

    IN
      WITNESS WHEREOF,
      the
      Maker, by and through its undersigned officer thereunto duly authorized, has
      executed and delivered this Note on February 6, 2008.

    

    
      	 	
              WEB2
                CORP.

            
	 	 
	 	
              By
                

            	
              /s/
                William A. Mobley, Jr.

            
	 	 	William
              A. Mobley, Jr.,
	 	 	Chairman
              and Chief Executive Officer

    

     

    
      
         

      

      
        6THIS
      CONVERTIBLE PROMISSORY NOTE AND THE SHARES OF COMMON STOCK INTO WHICH ALL OR
      A
      PORTION OF THE PRINCIPAL AMOUNT HEREOF AND INTEREST ACCRUED THEREON MAY BE
      CONVERTED MAY NOT BE SOLD, ASSIGNED, TRANSFERRED, CONVEYED, PLEDGED,
      HYPOTHECATED, ENCUMBERED, OR OTHERWISE DISPOSED OF UNLESS (A) THEY ARE COVERED
      BY A REGISTRATION STATEMENT OR POST-EFFECTIVE AMENDMENT THERETO, EFFECTIVE
      UNDER
      THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) SUCH SALE, ASSIGNMENT, TRANSFER,
      CONVEYANCE, PLEDGE, HYPOTHECATION, ENCUMBRANCE OR OTHER DISPOSITION IS EXEMPT
      FROM THE PROVISIONS OF SECTION 5 OF THAT ACT AND ANY OTHER APPLICABLE SECURITIES
      LAWS.

    

    CONVERTIBLE
      PROMISSORY NOTE

    

    FOR
      VALUE RECEIVED, WEB2 CORP.,
      a
      Delaware corporation (the “Maker”), promises to pay to the order of DANIEL
      BORDUI,
      an
      individual (the “Payee”), the principal amount of Eighty-Seven Thousand Dollars
      ($87,000.00), together with simple interest on the principal amount of this
      Convertible Promissory Note (the “Note”) from time to time outstanding at the
      rate of eighteen percent (18%) per annum. Interest on the principal amount
      of
      this Note shall be deemed to have commenced on December 20, 2007.

    

    On
      the
      last day of each calendar month, the Maker shall pay to the Payee or other
      holder hereof (collectively, the “Holder”) the amount of Five Hundred
      Forty-Seven Dollars ($547.00). The entire principal amount of this Note,
      together with all accrued but unpaid interest, shall be finally due and payable
      on February 5, 2009.

    

    Pre-Payment.
      The
      principal amount of this Note and any interest accrued thereon may be prepaid
      in
      whole or in part at any time prior to demand without premium or penalty of
      any
      kind. Any amount paid to the Payee or other holder hereof shall be applied
      first
      to interest accrued to the date of such payment and then to the principal amount
      hereof then outstanding.

    

    Remedies.
      If the
      Maker shall for any reason fail to make any payment due hereunder when due
      and
      payable, then:

    

    (1) at
      the
      option of the Holder, all amounts outstanding hereunder, whether principal,
      interest or otherwise, shall become immediately due and payable; 

    

    (2) simple
      interest shall accrue on the then outstanding principal amount hereof from
      the
      date of any such failure to make payment to the date of payment in full of
      the
      then outstanding principal amount hereof at the highest rate of interest
      permitted by the laws of the State of Florida; and

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    (3) the
      Maker
      shall pay all reasonable costs and expenses of collection of this Note,
      including without limitation reasonable attorneys’ fees, costs and expenses,
      paid or incurred by the Holder hereof, whether paid or incurred in connection
      with collection by suit or otherwise.

    

    Conversion.
      At any
      time after August 6, 2008, all or any portion of the principal amount of this
      Note and interest accrued hereon may be converted into shares of common stock,
      par value $.001 per share, of the Maker (the “Common Stock”) at a conversion
      price of Two Cents ($0.02) per share of Common Stock (the “Conversion Price”).
      Any such conversion shall take place upon the delivery by the Holder of written
      notice of conversion to the Maker, together with this Note marked “cancelled.”
The Maker shall promptly deliver to the Holder one or more certificates
      representing the shares of Common Stock into which the principal amount of
      this
      Note shall have been so converted. If the Holder elects to convert a portion,
      but not all, of the principal amount of this Note, then the Maker shall also
      promptly deliver to the Holder a new promissory note substantially similar
      to
      this Note but reflecting the new principal amount thereof.

    

    At
      all
      times after August 6, 2008, the Maker shall reserve and keep available out
      of
      its authorized, but unissued shares of Common Stock, such number of shares
      of
      Common Stock as shall from time to time be sufficient to effect the conversion
      of this Note as provided for herein. If at any time the number of authorized
      but
      unissued shares of Common Stock shall not be sufficient to satisfy such
      conversion, then the Maker shall promptly take such corporate action as may
      be
      necessary to increase its authorized but unissued shares of Common Stock to
      such
      number of shares of Common Stock as shall be sufficient for such
      purpose.

    

    If
      at any
      time after the date hereof the Maker declares or authorizes any dividend (other
      than a cash dividend), stock split, reverse stock split, combination, exchange
      of shares of Common Stock, or there occurs any recapitalization,
      reclassification (including any consolidation or merger of which the Maker
      is
      not the surviving corporation), sale of property or assets, reorganization
      or
      liquidation, or if the outstanding shares of Common Stock are changed into
      the
      same or a different number of shares of Common Stock of the same or another
      class or classes of stock of the Maker, then the Maker shall cause effective
      provision to be made so that the Holder shall, upon conversion of the principal
      amount of this Note following such event, be entitled to receive the number
      of
      shares of stock or other securities or the cash or property of the Maker (or
      of
      the successor corporation or other entity resulting from any consolidation
      or
      merger) to which the shares of Common Stock (and any other securities)
      deliverable upon the conversion of the principal amount of this Note would
      have
      been entitled if the principal amount of this Note had been converted
      immediately prior to the earlier of (a) such event and (b) the record date,
      if
      any, set for determining the shareholders entitled to participate in such event,
      and the Conversion Price shall be adjusted appropriately so that the aggregate
      amount payable by the Maker upon the full conversion of this Note remains the
      same.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    The
      Maker
      shall not effect any recapitalization or reclassification unless, upon the
      consummation thereof, the successor corporation or entity shall by written
      instrument assume the obligation to deliver to the Holder the shares of stock,
      securities, cash or property that the Holder shall be entitled to acquire in
      accordance with the foregoing provisions, which instrument shall contain
      provisions calculated to ensure for the Holder, to the greatest extent
      practicable, the benefits provided for in this Note.

    

    Limitation
      on Conversion Rights.
      Notwithstanding
      anything contained in this Note to the contrary, in no event shall the Holder
      be
      entitled to convert all or a portion of the principal amount of this Note or
      any
      interest accrued thereon for a number of shares of Common Stock in excess of
      that number of shares of Common Stock which, upon giving effect to such
      exercise, would cause the aggregate number of shares of Common Stock
      beneficially owned by the Holder to exceed Four and Ninety-Nine One Hundredths
      Percent (4.99%) of the outstanding number of shares of Common Stock following
      such exercise.

    

    For
      purposes of the foregoing, the aggregate number of shares of Common Stock
      beneficially owned by the Holder shall include the number of shares of Common
      Stock issuable upon conversion of the principal amount of this Note and any
      interest accrued thereon with respect to which the determination is being made,
      but shall exclude shares of Common Stock which would be issuable
      upon
      (i)
      exercise
      of the remaining
      principal amount of this Note held
      by
      the Holder and
      (ii)
      exercise or conversion of
      the
      unexercised or unconverted portion of any other securities of the Maker
beneficially
      owned by the Holder (including, without limitation, any promissory notes,
      convertible notes or preferred stock) subject
      to a limitation on conversion or exercise analogous to the limitation contained
      herein. Except
      as
      set forth
      in the
preceding
      sentence, for purposes of this of this Note,
      beneficial ownership shall
      be
      calculated in accordance with Section 13(d) of the Securities Exchange Act
      of
      1934 and the rules and regulations promulgated thereunder.

    

    For
      purposes of this Note, in determining the number of outstanding shares of Common
      Stock,
      the
      Holder may
      rely
      on the number of outstanding shares of Common Stock as reflected in (1) the
      Payee’s most recent Quarterly Report or Annual Report filed with the Securities
      and Exchange Commission, as the case may be, (2) a
      more
recent
      public announcement by the Payee or (3) any other notice by the Payee or its
      transfer agent setting forth the number of shares of Common Stock
      outstanding.

    

    Upon
      the
      written request of the Holder, the Maker shall promptly, but in no event later
      than
      one
      business day following
      the
receipt
      of such notice, confirm in writing to the Holder the number of
      shares
      of Common Stock
      then
      outstanding.

    

    In
      any
      case,
      the
number
      of
      outstanding shares of Common Stock
      shall be
      determined after
      giving effect
      to the
conversion
      of the principal amount of this Note and any interest accrued thereon
by
      the
      Holder
      since
      the
date
      as
      of which such number of outstanding shares of Common Stock was
      reported.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    Waivers.
      The
      Maker and each endorser of this Note severally waives demand, protest,
      presentment and notice of maturity, non-payment or protest and any and all
      requirements necessary to hold each of them liable as a maker or endorser
      hereof.

    

    The
      waiver by the Holder of the Maker’s prompt and complete performance of, or
      default under, any provision of this Note shall not operate nor be construed
      as
      a waiver of any subsequent breach or default and the failure by the Holder
      to
      exercise any right or remedy which it may possess hereunder shall not operate
      nor be construed as a bar to the exercise of any such right or remedy upon
      the
      occurrence of any subsequent breach or default.

    

    Governing
      Law.
      This
      Note shall be governed by, and shall be construed and interpreted in accordance,
      with the laws of the State of Florida, without giving effect to the principles
      of conflicts of laws thereof.

    

    Entire
      Agreement.
      This
      Note constitutes the entire agreement between the parties with respect to the
      subject matter hereof and supersedes all prior agreements, understandings,
      negotiations and arrangements, both oral and written, between the parties with
      respect to such subject matter. This Note may not be modified, amended, altered
      or changed unless by a written instrument executed and delivered by the
      Maker.

    

    Benefits;
      Binding Effect.
      This
      Note shall be for the benefit of, and shall be binding upon, the Maker and
      the
      Payee and their respective successors and assigns.

    

    Jurisdiction
      and Venue.
      Any
      claim or dispute arising out of, connected with, or in any way related to this
      Note shall be instituted by the complaining party and adjudicated in a court
      of
      competent jurisdiction located in Orange County, Florida, and the Maker consents
      to the personal jurisdiction of, and venue in, such courts. In no event shall
      the Maker contest the personal jurisdiction of such courts or the venue of
      such
      courts. The Maker acknowledges that the provisions of this paragraph constitute
      a material inducement for the Payee to extend credit to the Maker as evidenced
      by this Note, and that but for the inclusion of such provision in this Note
      the
      Payee would not continue to extend credit to the Maker.

    

    Waiver
      of Trial by Jury.
      In any
      suit for the collection of any amount, whether of principal, interest or
      otherwise, which shall have become due and payable under this Note, the Maker
      knowingly, voluntarily and intentionally waives any right which it may have
      to a
      trial by jury. The Maker acknowledges that the provisions of this paragraph
      constitute a material inducement for the Payee to extend credit to the Maker
      as
      evidenced by this Note, and that but for the inclusion of such provision in
      this
      Note the Payee would not continue to extend credit to the
      Maker.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    Headings.
      The
      headings contained in this Note are for reference purposes only and shall not
      affect in any way the meaning or interpretation of any or all of the provisions
      hereof.

    

    IN
      WITNESS WHEREOF,
      the
      Maker, by and through its undersigned officer thereunto duly authorized, has
      executed and delivered this Note on February 6, 2008.

     

    
      	WEB2
              CORP.
	 
	
              By

            	
              /s/
                William A. Mobley, Jr.

            
	 	
              William
                A. Mobley, Jr.,

            
	 	
              Chairman
                and Chief Executive Officer

            

    

    

    
      
         

      

      
        5

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