Document:

THIS
      WARRANT AND THE SHARES OF CAPITAL STOCK ISSUED UPON ANY EXERCISE HEREOF HAVE
      NOT
      BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
      ACT”),
      OR
      ANY APPLICABLE STATE SECURITIES LAWS AND MAY NOT BE SOLD OR OTHERWISE
      TRANSFERRED BY ANY PERSON, INCLUDING A PLEDGEE, UNLESS (1) EITHER (A) A
      REGISTRATION STATEMENT WITH RESPECT THERETO SHALL BE EFFECTIVE UNDER THE
      SECURITIES ACT, OR (B) THE COMPANY SHALL HAVE RECEIVED AN OPINION OF COUNSEL
      SATISFACTORY TO THE COMPANY THAT AN EXEMPTION FROM REGISTRATION UNDER THE
      SECURITIES ACT IS AVAILABLE, AND (2) THERE SHALL HAVE BEEN COMPLIANCE WITH
      ALL
      APPLICABLE STATE SECURITIES OR “BLUE SKY” LAWS.

     

    
      	
              No.
                IW-001

            	
              For
                the Purchase

            
	
               

            	
              of
                400,000 shares

            
	
               

            	
              of
                Common Stock

            

    

     

    WARRANT
      TO PURCHASE 

    COMMON
      STOCK

    OF

    TRANSTECH
      SERVICES PARTNERS INC.

    (a
      Delaware corporation)

     

    TransTech
      Services Partners Inc., a Delaware corporation (the “Company”),
      for
      value received, hereby certifies that TSP Ltd. (or any permitted transferee,
      the
“Holder”),
      is
      entitled, subject to the terms set forth below, to purchase from the Company,
      at
      any time or from time to time at or before the earlier of (i) 5:00 p.m. Eastern
      Standard Time on [_____________] [five
      years following the date of the prospectus]
      (the
“Expiration
      Date”),
      (ii)
      the termination of this Warrant as provided in Section 8 hereof, or (iii) the
      redemption of this Warrant as provided in Section 9 hereof, 400,000 shares
      of
      Common Stock, par value $0.0001 per share, of the Company (the “Common
      Stock”),
      at a
      purchase price per share equal to Four
      Dollars and Ten Cents
      ($4.10)
      per share, as adjusted upon the occurrence of certain events as set forth in
      Section 3 of this Warrant. The shares of Common Stock issuable upon exercise
      of
      this Warrant, and the purchase price per share, are hereinafter referred to
      as
      the “Warrant
      Stock”
and
      the
“Purchase
      Price,”
      respectively. 

     

    1.  Exercise

     

    1.1  Manner
      of Exercise; Payment in Cash.
      This
      Warrant may be exercised by the Holder, in whole or in part:

    

    (a)  commencing
      90 days following the closing of the Company’s first Business
      Combination
      (as
      defined in the Company’s Certificate of Incorporation) (the “Initial
      Business Combination”)
      (i) as
      to one-half of the shares covered by this Warrant, if, and only if, the last
      sales price of the Common Stock exceeds $7.00 per share for any 20 trading
      days
      within a 30 trading day period beginning after such Initial Business
      Combination, and (ii) as to the remaining shares covered by this Warrant, if
      and
      only if, the last sales price of the Common Stock exceeds $8.00 per share for
      any 20 trading days within a 30 trading day period beginning after such Initial
      Business Combination; provided, however, that, appropriate adjustments shall
      be
      made in the application of the provisions of this Section 1.1(a) in the event
      of
      any adjustments to the Purchase Price pursuant to Section 3 hereof;
      and

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (b)  by
      surrendering this Warrant, with the purchase form appended hereto as
Exhibit
      A
      duly
      executed by the Holder, at the principal office of the Company, or at such
      other
      place as the Company may designate, accompanied by payment in full of the
      Purchase Price payable in respect of the number of shares of Warrant Stock
      purchased upon such exercise. Subject to Section 1.4 hereof, payment of the
      Purchase Price shall be in cash or by certified or official bank check payable
      to the order of the Company. 

     

    (c)  Notwithstanding
      anything to the contrary contained in this Warrant, under no circumstances
      will
      the Company be required to net cash settle the exercise of this Warrant. As
      a
      result of the foregoing, this Warrant may expire unexercised.

     

    1.2  Effectiveness.
      Each
      exercise of this Warrant shall be deemed to have been effected immediately
      prior
      to the close of business on the day on which this Warrant shall have been
      surrendered to the Company as provided in Section 1.1 above. At such time,
      the
      person or persons in whose name or names any certificates for Warrant Stock
      shall be issuable upon such exercise as provided in Section 1.3 below shall
      be
      deemed to have become the holder or holders of record of the Warrant Stock
      represented by such certificates.

     

    1.3  Delivery
      of Certificates.

     

    As
      soon
      as practicable after the exercise of this Warrant in whole or in part, and
      in
      any event within ten business days thereafter, the Company, at its sole expense,
      will cause to be issued in the name of, and delivered to, the Holder, or,
      subject to the terms and conditions hereof, as such Holder (upon payment by
      such
      Holder of any applicable transfer taxes) may direct:

     

    (a)  A
      certificate or certificates for the number of full shares of Warrant Stock
      to
      which such Holder shall be entitled upon such exercise plus, in lieu of any
      fractional share to which such Holder would otherwise be entitled, cash in
      an
      amount determined pursuant to Section 1.4(c) hereof; and

     

    (b)  In
      case
      such exercise is in part only, a new warrant or warrants (dated the date hereof)
      of like tenor, calling in the aggregate on the face or faces thereof for the
      number of shares of Warrant Stock (without giving effect to any adjustment
      therein) equal to the number of such shares called for on the face of this
      Warrant minus the number of such shares purchased by the Holder upon such
      exercise as provided in Section 1.1 above.

     

    1.4  Right
      to Convert Warrant into Stock: Net Issuance.

     

    (a)  Right
      to Convert. 
      Subject
      to Section 7, in addition to and without limiting the rights of the Holder
      under
      the terms of this Warrant, provided that this Warrant may then be exercised
      pursuant to Section 1.1(a) hereof and further provided that the original Holder,
      or a permitted transferee of such Holder, holds this Warrant following its
      issuance by the Company, the Holder shall have the right to convert this Warrant
      or any portion thereof, to the extent it is then exercisable as provided in
      Section 1.1(a) hereof (the “Conversion
      Right”)
      into
      shares of Common Stock as provided in this Section 1.4 at any time or from
      time
      to time during the term of this Warrant. Upon exercise of the Conversion Right
      with respect to a particular number of shares subject to this Warrant (the
      “Converted
      Warrant Shares”),
      the
      Company shall deliver to the Holder (without payment by the holder of any
      Purchase Price or any cash or other consideration) that number of shares of
      fully paid and nonassessable Common Stock equal to the quotient obtained by
      dividing (X) the value of this Warrant (or the specified portion hereof) on
      the
      Conversion Date (as defined in subsection (b) hereof), which value shall be
      determined by subtracting (A) the aggregate Purchase Price of the Converted
      Warrant Shares immediately prior to the exercise of the Conversion Right from
      (B) the aggregate fair market value of the Converted Warrant Shares issuable
      upon exercise of this Warrant (or the specified portion hereof) on the
      Conversion Date (as herein defined) by (Y) the fair market value of one share
      of
      Common Stock on the Conversion Date (as herein defined).

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

     

    Expressed
      as a formula, such conversion shall be computed as follows:

    

    
      	
              X         =

            	
               B-A

            
	
               

            	
                 Y

            
	
               

            	
               

            
	
              where:
                

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

            
	
               

            	
               

            
	
               

            	
              Y
                =
                the fair market value (FMV) of one share of Common
                Stock

            
	
               

            	
               

            
	
               

            	
              A
                =
                the aggregate Purchase Price (Converted Warrant Shares x Purchase
                Price)

            
	
               

            	
               

            
	
               

            	
              B
                =
                the aggregate FMV (i.e., FMV x Converted Warrant
                Shares)

            

    

    

    No
      fractional shares shall be issuable upon exercise of the Conversion Right,
      and,
      if the number of shares to be issued determined in accordance with the foregoing
      formula is other than a whole number, the Company shall pay to the Holder an
      amount in cash equal to the fair market value of the resulting fractional share
      on the Conversion Date.

    

    (b)  Method
      of Exercise.
      Subject
      to Section 1.4(d), the Conversion Right may be exercised by the Holder by the
      surrender of this Warrant at the principal office of the Company together with
      the Purchase Form in the form attached hereto duly completed and executed and
      indicating the number of shares subject to this Warrant which are being
      surrendered (referred to in Section 1.4(a) hereof as the Converted Warrant
      Shares) in exercise of the Conversion Right. Such conversion shall be effective
      upon receipt by the Company of this Warrant together with the aforesaid written
      statement, or on such later date as is specified therein (the “Conversion
      Date”),
      and,
      at the election of the Holder, may be made contingent upon the occurrence of
      any
      of the events specified in Section 8. Certificates for the shares issuable
      upon
      exercise of the Conversion Right and, if applicable, a new Warrant evidencing
      the balance of the shares remaining subject to this Warrant, shall be issued
      as
      of the Conversion Date and shall be delivered to the Holder within 30 days
      following the Conversion Date.

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

     

    (c)  Determination
      of Fair Market Value.
      For
      purposes of this Agreement, “fair market value” of a share of Common Stock as of
      a particular date (the “Determination
      Date”)
      shall
      mean:

     

    (i)  If
      traded
      on a securities exchange, the fair market value of the Common Stock shall be
      deemed to be the average of the closing prices of the Common Stock on such
      exchange over the five-day period ending one business day prior to the
      Determination Date or, if less, such number of days as the Common Stock has
      been
      traded on such exchange;

     

    (ii)  If
      traded
      over-the-counter, the fair market value of the Common Stock shall be deemed
      to
      be the average of the closing bid prices of the Common Stock over the five-day
      period ending one business day prior to the Determination Date or, if less,
      such
      number of days as the Common Stock has been traded over-the-counter;
      and

     

    (iii)  If
      there
      is no public market for the Common Stock, then fair market value shall be
      determined in good faith by the Board of Directors of the Company.

     

    (d)  Limitation
      on Right to Convert.
      The
      Conversion Right may only be exercised by the original Holder or a transferee
      permitted pursuant to Section 8 hereof.

     

    2.  Fractional
      Shares.The
      Company shall not be required upon the exercise of this Warrant to issue any
      fractional shares, but instead shall, upon such exercise, round up or down
      to
      the nearest whole number of shares of Common Stock to be issued to the Holder,
      except as set forth in Section 1.4(a).

     

    3.  Adjustments. 

     

    3.1  Stock
      Dividends Split Ups.
      If
      after the date hereof, and subject to the provisions of Section 3.6 below,
      the
      number of outstanding shares of Common Stock is increased by a stock dividend
      payable in shares of Common Stock, or by a split-up of shares of Common Stock,
      or other similar event, then, on the effective date of such stock dividend,
      split-up or similar event, the number of shares of Common Stock issuable on
      exercise of this Warrant shall be increased in proportion to such increase
      in
      outstanding shares of Common Stock. 

     

    3.2  Aggregation
      of Shares.
      If
      after the date hereof, and subject to the provisions of Section 3.6, the number
      of outstanding shares of Common Stock is decreased by a consolidation,
      combination, reverse stock split or reclassification of shares of Common Stock
      or other similar event, then, on the effective date of such consolidation,
      combination, reverse stock split, reclassification or similar event, the number
      of shares of Common Stock issuable on exercise of this Warrant shall be
      decreased in proportion to such decrease in outstanding shares of Common Stock.
      

     

    3.3  Adjustments
      in Exercise Price.
      Whenever the number of shares of Common Stock purchasable upon the exercise
      of
      this Warrant is adjusted, as provided in Section 3.1 and 3.2 above, the Purchase
      Price shall be adjusted (to the nearest cent) by multiplying such Purchase
      Price
      immediately prior to such adjustment by a fraction (x) the numerator of which
      shall be the number of shares of Common Stock purchasable upon the exercise
      of
      the Warrants immediately prior to such adjustment, and (y) the denominator
      of
      which shall be the number of shares of Common Stock so purchasable immediately
      thereafter. 

     

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

     

    3.4  Replacement
      of Securities upon Reorganization, etc.
      In case
      of any reclassification or reorganization of the outstanding shares of Common
      Stock (other than a change covered by Section 3.1 or 3.2 hereof or that solely
      affects the par value of such shares of Common Stock), or in the case of any
      merger or consolidation of the Company with or into another corporation (other
      than a consolidation or merger in which the Company is the continuing
      corporation and that does not result in any reclassification or reorganization
      of the outstanding shares of Common Stock), or in the case of any sale or
      conveyance to another corporation or entity of the assets or other property
      of
      the Company as an entirety or substantially as an entirety in connection with
      which the Company is dissolved, the Holder shall thereafter have the right
      to
      purchase and receive, upon the basis and upon the terms and conditions specified
      in this Warrant and in lieu of shares of Common Stock immediately theretofore
      purchasable and receivable upon the exercise of the rights represented thereby,
      the kind and amount of shares of stock or other securities or property
      (including cash) receivable upon such reclassification, reorganization, merger
      or consolidation, or upon a dissolution following any such sale or transfer,
      that the Holder would have received if the Holder had exercised this Warrant
      immediately prior to such event; and if any reclassification also results in
      a
      change in shares of Common Stock covered by Section 3.1 or 3.2, then such
      adjustment shall be made pursuant to Sections 3.1, 3.2, 3.3 and this Section
      3.4. The provisions of this Section 3.4 shall similarly apply to successive
      reclassifications, reorganizations, mergers or consolidations, sales or other
      transfers.

     

    3.5  Notices
      of Changes in Warrant.
      Upon
      every adjustment of the Purchase Price or the number of shares issuable upon
      exercise of this Warrant, the Company shall give written notice thereof to
      the
      Holder, which notice shall state the Purchase Price resulting from such
      adjustment and the increase or decrease, if any, in the number of shares
      purchasable at such price upon the exercise of this Warrant, setting forth
      in
      reasonable detail the method of calculation and the facts upon which such
      calculation is based. Upon the occurrence of any event specified in Section
      3.1,
      3.2, 3.3 or 3.4, then, in any such event, the Company shall give written notice
      to the Holder, at its address set forth in Section 12 hereof, of the record
      date
      or the effective date of the event. Failure to give such notice, or any defect
      therein, shall not affect the legality or validity of such event. 

     

    3.6   No
      Fractional Shares.
      Notwithstanding any provision contained in this Warrant to the contrary, the
      Company shall not issue fractional shares upon exercise of this Warrant. If,
      by
      reason of any adjustment made pursuant to this Section 3, the Holder would
      be
      entitled, upon the exercise of this Warrant, to receive a fractional interest
      in
      a share, the Company shall, upon such exercise, round up to the nearest whole
      number the number of the shares of Common Stock to be issued to Holder.

     

    3.7  Form
      of Warrant.
      This
      form of Warrant need not be changed because of any adjustment pursuant to this
      Section 3, and the Warrant issued after such adjustment may state the same
      Purchase Price and the same number of shares as is stated in this Warrants
      initially issued pursuant to this Warrant. However, the Company may at any
      time
      in its sole discretion make any change in the form of this Warrant that the
      Company may deem appropriate and which does not affect the substance thereof,
      and any Warrant thereafter issued or countersigned, whether in exchange or
      substitution for an outstanding Warrant or otherwise, may be in the form as
      so
      changed. 

     

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

     

    3.8  Notice
      of Certain Transactions.
      In the
      event the Company shall propose to (a) offer the holders of its Common Stock
      rights to subscribe for or to purchase any securities convertible into shares
      of
      Common Stock or shares of stock of any class or any other securities, rights
      or
      options, (b) issue any rights, options or warrants entitling the holders of
      Common Stock to subscribe for shares of Common Stock or (c) make a tender offer
      or exchange offer with respect to the Common Stock, the Company shall send
      to
      the Holder a notice of such proposed action or offer. Such notice shall be
      mailed to the Holder at its address set forth in Section 12 hereof, which shall
      specify the record date for the purposes of such dividend, distribution or
      rights, or the date such issuance or event is to take place and the date of
      participation therein by the holders of Common Stock, if any such date is to
      be
      fixed, and shall briefly indicate the effect of such action on the Common Stock
      and on the number and kind of any other shares of stock and on other property,
      if any, and the number of shares of Common Stock and other property, if any,
      issuable upon exercise of this Warrant and the Purchase Price after giving
      effect to any adjustment pursuant to this Section 3 which would be required
      as a
      result of such action. Such notice shall be given as promptly as practicable
      after the Board of Directors of the Company (the “Board”) has determined to take
      any such action and (x) in the case of any action covered by clause (a) or
      (b)
      above at least 10 days prior to the record date for determining the holders
      of
      the Common Stock for purposes of such action or (y) in the case of any other
      such action at least 20 days prior to the date of the taking of such proposed
      action or the date of participation therein by the holders of Common Stock,
      whichever shall be the earlier. 

     

    3.9  Other
      Events .
      If any
      event occurs as to which the foregoing provisions of this Section 3 are not
      strictly applicable or, if strictly applicable, would not, in the good faith
      judgment of the Board, fairly and adequately protect the purchase rights of
      the
      Holder in accordance with the essential intent and principles of such
      provisions, then the Board shall make such adjustments in the application of
      such provisions, in accordance with such essential intent and principles, as
      shall be reasonably necessary, in the good faith opinion of the Board, to
      protect such purchase rights as aforesaid. 

     

    In
      case
      the Company shall at any time after the date hereof (i) declare a dividend
      on
      the outstanding shares of Common Stock payable solely in shares of its capital
      stock, (ii) subdivide the outstanding shares of Common Stock, (iii) combine
      the
      outstanding shares of Common Stock into a lesser number of shares, or (iv)
      issue
      any shares of its capital stock by reclassification of the shares of Common
      Stock (including any such reclassification in connection with a consolidation
      or
      merger in which the Company is the continuing corporation), then, in each case,
      the Purchase Price, and the number and kind of securities issuable upon exercise
      or conversion of this Warrant, in effect at the time of the record date for
      such
      dividend or of the effective date of such subdivision, combination, or
      reclassification, shall be proportionately adjusted so that, subject to Section
      1.1(a) hereof, the Holder after such time shall be entitled to receive upon
      exercise of this Warrant the aggregate number and kind of shares which, if
      such
      Warrant had been exercised or converted immediately prior to such time (assuming
      all of the requirements of Section 1.1(a) had been satisfied), such Holder
      would
      have owned upon such exercise or conversion and been entitled to receive by
      virtue of such dividend, subdivision, combination, or reclassification. Such
      adjustment shall be made successively whenever any event listed above shall
      occur.

     

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

     

    3.10  Reorganizations
      and Reclassifications.
      If
      there
      shall occur any capital reorganization or reclassification of the Common Stock
      (other than a change in par value or a subdivision or combination as provided
      for in Section 3.1), then, as part of any such reorganization or
      reclassification, lawful provision shall be made so that the Holder shall have
      the right thereafter to receive upon the exercise of this Warrant the kind
      and
      amount of shares of stock or other securities or property which such Holder
      would have been entitled to receive if, immediately prior to any such
      reorganization or reclassification (assuming all of the requirements of Section
      1.1(a) had been satisfied), such Holder had held the number of shares of Common
      Stock which were then subject to this Warrant. In any such case, appropriate
      adjustment (as reasonably determined by the Board of Directors of the Company)
      shall be made in the application of the provisions set forth herein with respect
      to the rights and interests thereafter of the Holder, such that the provisions
      set forth in this Section 3 (including provisions with respect to adjustment
      of
      the Purchase Price) shall thereafter be applicable, as nearly as is reasonably
      practicable, in relation to any shares of stock or other securities or property
      thereafter deliverable upon the exercise of this Warrant.

     

    3.11  Merger,
      Consolidation or Sale of Assets.
      Subject
      to the provisions of Section 7, if there shall be a merger or consolidation
      of
      the Company with or into another corporation (other than a merger or
      reorganization involving only a change in the state of incorporation of the
      Company or the acquisition by the Company of other businesses where the Company
      survives as a going concern), or the sale of all or substantially all of the
      Company’s capital stock or assets to any other person, then as a part of such
      transaction, provision shall be made so that, subject to Section 1.1(a) hereof,
      the Holder shall thereafter be entitled to receive upon exercise of this Warrant
      the number of shares of stock or other securities or property of the Company,
      or
      of the successor corporation resulting from the merger, consolidation or sale,
      to which the Holder would have been entitled if the Holder had exercised its
      rights pursuant to the Warrant immediately prior thereto (assuming all of the
      requirements of Section 1.1(a) hereof had been satisfied). In any such case,
      appropriate adjustment shall be made in the application of the provisions of
      this Section 3 to the end that the provisions of this Section 3 shall be
      applicable after that event in as nearly equivalent a manner as may be
      practicable.

     

    3.12  Certificate
      of Adjustment.
      When
      any
      adjustment is required to be made in the number of shares of Common Stock or
      other securities or property issuable upon exercise of this Warrant or in the
      Purchase Price, the Company shall promptly mail to the Holder a certificate
      setting forth such number of shares or other securities or property or the
      Purchase Price after such adjustment and setting forth a brief statement of
      the
      facts requiring such adjustment. Delivery of such certificate shall be deemed
      to
      be a final and binding determination with respect to such adjustment absent
      manifest error unless challenged by the Holder within ten days of receipt
      thereof. 

     

    4.  Compliance
      with Securities Act.

     

    4.1  Unregistered
      Securities.
      The
      Holder acknowledges that this Warrant and the Warrant Stock have not been
      registered under the Securities Act of 1933, as amended, and the rules and
      regulations thereunder, or any successor legislation (the “Securities
      Act”),
      and
      agrees not to sell, pledge, distribute, offer for sale, transfer or otherwise
      dispose of this Warrant or any Warrant Stock in the absence of (a) an effective
      registration statement under the Securities Act covering this Warrant or such
      Warrant Stock and registration or qualification of this Warrant or such Warrant
      Stock under any applicable “blue sky” or state securities law then in effect, or
      (b) an opinion of counsel, satisfactory to the Company, that such registration
      and qualification are not required. The Company may delay issuance of the
      Warrant Stock until completion of any action or obtaining of any consent, which
      the Company deems necessary under any applicable law (including, without
      limitation, state securities or “blue sky” laws).

     

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

     

    4.2  Investment Letter.
      Without
      limiting the generality of Section 4.1, unless the offer and sale of any shares
      of Warrant Stock shall have been effectively registered under the Securities
      Act, the Company shall be under no obligation to issue the Warrant Stock unless
      and until the Holder shall have executed an investment letter in form and
      substance satisfactory to the Company, including a warranty at the time of
      such
      exercise that the Holder is acquiring such shares for his, her or its own
      account, for investment and not with a view to, or for sale in connection with,
      the distribution of any such shares.

     

    4.3  Legend.
      Certificates
      delivered to the Holder pursuant to Section 1.3 shall bear the following legend
      or a legend in substantially similar form:

     

    “THE
      SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY APPLICABLE
      STATE SECURITIES LAWS AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED BY ANY
      PERSON, INCLUDING A PLEDGEE, UNLESS (1) EITHER (A) A REGISTRATION STATEMENT
      WITH
      RESPECT THERETO SHALL BE EFFECTIVE UNDER THE SECURITIES ACT, OR (B) THE COMPANY
      SHALL HAVE RECEIVED AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT
      AN
      EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT IS AVAILABLE.”

     

    5.  Reservation
      of Stock.
      The
      Company will at all times reserve and keep available, solely for issuance and
      delivery upon the exercise of this Warrant, such shares of Warrant Stock and
      other stock, securities and property, as from time to time shall be issuable
      upon the exercise of this Warrant. The Company covenants that all shares of
      Warrant Stock so issuable will, when issued against payment therefor, be duly
      and validly issued and fully paid and nonassessable.

     

    6.  Replacement
      of Warrants.
      Upon
      receipt of evidence reasonably satisfactory to the Company of the loss, theft,
      destruction or mutilation of this Warrant and, in the case of loss, theft or
      destruction, upon delivery of an indemnity agreement (with surety if reasonably
      required) in an amount reasonably satisfactory to the Company, or in the case
      of
      mutilation upon surrender and cancellation of this Warrant, the Company will
      issue, in lieu thereof, a new Warrant of like tenor.

     

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

    

     

    7.  Termination
      Upon Certain Events.
      If,
      subsequent to the Initial Business Combination, there shall be a merger or
      consolidation of the Company with or into another corporation (other than a
      merger or reorganization involving only a change in the state of incorporation
      of the Company or the acquisition by the Company of other businesses where
      the
      Company survives as a going concern), or the sale of all or substantially all
      of
      the Company’s capital stock or assets to any other person, or the liquidation or
      dissolution of the Company, then as a part of such transaction, at the Company’s
      option, either:

     

    (a)  provision
      shall be made so that, subject to Section 1.1(a) hereof, the Holder shall
      thereafter be entitled to receive upon exercise of this Warrant the number
      of
      shares of stock or other securities or property of the Company, or of the
      successor corporation resulting from the merger, consolidation or sale, to
      which
      the Holder would have been entitled if the Holder had exercised its rights
      pursuant to the Warrant immediately prior thereto (assuming all of the
      requirements of Section 1.1(a) had been satisfied), and, in such case,
      appropriate adjustment shall be made in the application of the provisions of
      this Section 7(a) to the end that the provisions of this Section 7(a) shall
      be
      applicable after that event in as nearly equivalent a manner as may be
      practicable; or

     

    (b)  this
      Warrant shall terminate on the effective date of such merger, consolidation
      or
      sale (the “Termination
      Date”)
      and
      become null and void, provided, that if this Warrant shall not have otherwise
      terminated or expired, (i) the Company shall have given the Holder written
      notice of such Termination Date at least 20 business days prior to the
      occurrence thereof, and (ii) the Holder shall have the right, until 5:00 p.m.,
      Eastern Standard Time, on the day immediately prior to the Termination Date
      to
      exercise its rights hereunder to the extent not previously exercised and without
      regard to whether the requirements set forth in Section 1.1(a) hereof have
      been
      satisfied.

     

    8.  Transferability.
      This
      Warrant shall not be assigned, pledged or hypothecated in any way and shall
      not
      be subject to execution, attachment or similar process until such time as the
      Company completes the Initial Business Combination. The
      foregoing transfer restriction shall not apply to (a) transfers to the
      stockholders of the original Holder or family members of such stockholders,
      (b)
      transfers resulting from the death of any Holder, (c) transfers by operation
      of
      law, (d) any transfer for estate planning purposes to persons immediately
      related to the transferor by blood, marriage or adoption, or (e) any trust
      solely for the benefit of such transferor and/or the persons described in the
      preceding clause; provided,
      however,
      that with respect to each of the transfers described in clauses (a), (b), (c),
      (d) and (e) of this sentence, prior to such transfer, each permitted transferee
      or the trustee or legal guardian for each permitted transferee agrees in writing
      to be bound by the terms of this Warrant. Any
      attempted transfer, assignment, pledge, hypothecation or other disposition
      of
      this Warrant or of any rights granted hereunder contrary to the provisions
      of
      this Section 8, or the levy of any attachment or similar process upon this
      Warrant or such rights, shall be null and void.

     

    9.  Redemption.
      The
      Warrant shall be
      non-redeemable so long as the original Holder holds such Warrant following
      its
      issuance by the Company to such Holder. In the event the Warrant is transferred
      by the original Holder other than to a transferee permitted pursuant to Section
      8 hereof, then the Warrant may be redeemed in whole, and not in part,
at
      a
      price of $0.01 per Warrant, upon a minimum of 30 days’ prior written notice of
      redemption, if, and only if, the last sales price of the Company’s Common Stock
      equals or exceeds $8.50 per share for any 20 trading days within any thirty
      (30) trading day period ending three business days before the Company sends
      the
      notice of redemption.

     

    
      
         

      

      
        -9-

        
          

        

      

      
         

      

    

     

    10.  Registration
      Rights.
      This
      Warrant and the Warrant Stock are entitled to the registration rights set forth
      on Exhibit
      B
      hereto.

     

    11.  No
      Rights as Shareholder.
      Until
      the
      exercise of this Warrant, the Holder shall not have or exercise any rights
      as a
      stockholder of the Company.

     

    12.  Notices.
      All
      notices, requests and other communications hereunder shall be in writing, shall
      be (a) delivered by hand, (b) sent by overnight courier, or (c) sent by
      registered or certified mail, postage prepaid, return receipt requested. In
      the
      case of notices from the Company to the Holder, they shall be sent to the
      address furnished to the Company in writing by the last Holder who shall have
      furnished an address to the Company in writing. All notices from the Holder
      to
      the Company shall be delivered to the Company at its offices at 445 Fifth
      Avenue, Suite 30H, New York, New York 10016, or such other address as the
      Company shall so notify the Holder. All notices, requests and other
      communications hereunder shall be deemed to have been given (i) if made by
      hand,
      at the time of the delivery thereof to the receiving party at the address of
      such party described above, (ii) if sent by overnight courier, on the next
      business day following the day such notices is delivered to the courier service,
      or (iii) if sent by registered or certified mail, on the third business day
      following the day of registration or certification thereof.

     

    13.  Waivers
      and Modifications.
      Any
      term
      or provision of this Warrant may be waived only by written document executed
      by
      the party entitled to the benefits of such terms or provisions. The terms and
      provisions of this Warrant may be modified or amended only by written agreement
      executed by the parties hereto.

     

    14.  Headings.
      The
      headings in this Warrant are for convenience of reference only and shall in
      no
      way modify or affect the meaning or construction of any of the terms or
      provisions of this Warrant.

     

    15.  Governing
      Law.
      This
      Warrant will be governed by and construed in accordance with and governed by
      the
      laws of Delaware, without giving effect to the conflict of law principles
      thereof.

     

    
      	 	 	 
	 	TRANSTECH SERVICES
              PARTNERS INC.
	 
 	 
 	 
 
	
            	By: 	
            
	 	
              

              Name:
                Suresh
                Rajpal

              Title:  
                Chief
                Executive Officer

            

    

     

    
      
         

      

      
        -10-

        
          

        

      

      
         

      

    

     

    EXHIBIT
      A

     

    PURCHASE
      FORM

     

    To: TRANSTECH
      SERVICES PARTNERS INC.

     

    The
      undersigned pursuant to the provisions set forth in the attached Warrant (No.
      ___-____), hereby irrevocably elects to (check one):

     

    
      	
              _____

            	
               

            	
              (A)    purchase
                __________ shares of the Common Stock, par value $0.0001 per share,
                of
                TransTech Services Partners Inc. (the “Common
                Stock”),
                covered by such Warrant and herewith makes payment of $____________,
                representing the full purchase price for such shares at the price
                per
                share provided for in such Warrant; or

            
	
               

            	
               

            	
               

            
	
              _____

            	
               

            	
              (B)    convert
                _________ Converted Warrant Shares into that number of shares of
                fully
                paid and nonassessable shares of Common Stock, determined pursuant
                to the
                provisions of Section 1.4 of the
                Warrant.

            

    

     

    The
      Common Stock for which the Warrant may be exercised or converted shall be known
      herein as the “Warrant
      Stock.”

     

    The
      undersigned is aware that the Warrant Stock has not been and will not be
      registered under the Securities Act of 1933, as amended (the “Securities
      Act”),
      or
      any state securities laws, except as set forth on Exhibit B to the Warrant.
      The
      undersigned understands that reliance by the Company on exemptions under the
      Securities Act is predicated in part upon the truth and accuracy of the
      statements of the undersigned in this Purchase Form.

     

    The
      undersigned represents and warrants that (a) he, she or it has been furnished
      with all information which he, she or it deems necessary to evaluate the merits
      and risks of the purchase of the Warrant Stock, (b) he, she or it has had the
      opportunity to ask questions concerning the Warrant Stock and the Company and
      all questions posed have been answered to his, her or its satisfaction, (c)
      he,
      she or it has been given the opportunity to obtain any additional information
      it
      deems necessary to verify the accuracy of any information obtained concerning
      the Warrant Stock and the Company, and (d) it has such knowledge and experience
      in financial and business matters that it is able to evaluate the merits and
      risks of purchasing the Warrant Stock and to make an informed investment
      decision relating thereto.

     

    The
      undersigned hereby represents and warrant that it is purchasing the Warrant
      Stock for his, her or its own account for investment and not with a view to
      the
      sale or distribution of all or any part of the Warrant Stock.

     

    The
      undersigned understands that because the Warrant Stock has not been registered
      under the Securities Act he, she or it must continue to bear the economic risk
      of the investment for an indefinite period of time and the Warrant Stock cannot
      be sold unless it is subsequently registered under applicable federal and state
      securities laws or an exemption from such registration is
      available.

     

    
      
         

      

      
        -1-

        
          

        

      

      
         

      

    

     

    The
      undersigned agrees that he, she or it will in no event sell or distribute or
      otherwise dispose of all or any part of the Warrant Stock unless (1) there
      is an
      effective registration statement under the Securities Act and applicable state
      securities laws covering any such transaction involving the Warrant Stock,
      or
      (2) the Company receives an opinion satisfactory to the Company of the
      undersigned’s legal counsel stating that such transaction is exempt from
      registration. The undersigned consents to the placing of a legend on his, her
      or
      its certificate for the Warrant Stock stating that the Warrant Stock has not
      been registered and setting forth the restriction on transfer contemplated
      hereby and to the placing of a stop transfer order on the books of the Company
      and with any transfer agents against the Warrant Stock until the Warrant Stock
      may be legally resold or distributed without restriction.

     

    The
      undersigned has considered the federal and state income tax implications of
      the
      exercise of the Warrant and the purchase and subsequent sale of the Warrant
      Stock.

     

    
      	 	 	 
	 	
              
 
	 	 	 
	 	Dated:	 
	 	
            	
              

            

    

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

     

    EXHIBIT
      B

     

    Registration
      Rights

     

    A. Demand
      Registration.
      

     

    1.
      Grant
      of Right.
      The
      Company, upon written demand (“Initial
      Demand Notice”)
      of the
      Holder(s) of at least 51% of this Warrant and/or the underlying
      Warrant
      Stock
      (“Majority
      Holders”),
      agrees to register (the “Demand
      Registration”)
      under
      the Securities Act on one occasion, all or any portion of this Warrant requested
      by the Majority Holders in the Initial Demand Notice and all of the securities
      underlying such Warrant (collectively, the “Registrable
      Securities”).
      On
      such occasion, the Company will file a registration statement or a
      post-effective amendment to the Registration Statement covering the Registrable
      Securities within 60 days after receipt of the Initial Demand Notice and use
      its
      best efforts to have such registration statement or post-effective amendment
      declared effective as soon as possible thereafter. The demand for registration
      may be made at any time after the 90th
      day
      following the closing of the Initial Business Combination (the “Release
      Date”).
      The
      Initial Demand Notice shall specify the number of shares of Registrable
      Securities proposed to be sold and the intended method(s) of distribution
      thereof. The Company will notify all holders of this Warrant and/or Registrable
      Securities of the demand within ten days from the date of the receipt of any
      such Initial Demand Notice. Each holder of Registrable Securities who wishes
      to
      include all or a portion of such holder’s Registrable Securities in the Demand
      Registration (each such holder including shares of Registrable Securities in
      such registration, a “Demanding
      Holder”)
      shall
      so notify the Company within 15 days after the receipt by the holder of the
      notice from the Company. Upon any such request, the Demanding Holders shall
      be
      entitled to have their Registrable Securities included in the Demand
      Registration. Further, the Company shall not be obligated to deliver securities
      to the holder until such time, if any, that a registration statement is declared
      effective. If the Company uses its bests efforts to comply with such provisions
      then it shall have no liability due to a delay in the registration or the
      effectiveness of such registration statement. Notwithstanding anything to the
      contrary contained in this Agreement, under no circumstances will the Company
      be
      required to net cash settle the exercise of this Warrant. As a result of the
      foregoing, this Warrant may expire unexercised.

     

    2.
      Effective
      Registration.
      A
      registration will not count as a Demand Registration until the registration
      statement filed with the Commission with respect to such Demand Registration
      has
      been declared effective and the Company has complied with all of its obligations
      under this Agreement with respect thereto; provided, however, that if, after
      such registration statement has been declared effective, the offering of
      Registrable Securities pursuant to a Demand Registration is interfered with
      by
      any stop order or injunction of the Commission or any other governmental agency
      or court, the registration statement with respect to such Demand Registration
      will be deemed not to have been declared effective, unless and until,
      (i) such stop order or injunction is removed, rescinded or otherwise
      terminated, and (ii) a majority-in-interest of the Demanding Holders
      thereafter elect to continue the offering. 

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

     

    3.
      Underwritten
      Offering.
      If the
      Majority Holders so elect and such holders so advise the Company as part of
      the
      Initial Demand Notice that the Demand Registration shall be in the form of
      an
      underwritten offering, then the offering of such Registrable Securities pursuant
      to such Demand Registration shall be in the form of an underwritten offering.
      In
      such event, the right of any holder to include its Registrable Securities in
      such registration shall be conditioned upon such holder’s participation in such
      underwriting and the inclusion of such holder’s Registrable Securities in the
      underwriting to the extent provided herein. All Demanding Holders proposing
      to
      distribute their securities through such underwriting shall enter into an
      underwriting agreement in customary form with the underwriter or underwriters
      selected for such underwriting by the Majority Holders. 

     

    4.
      Reduction
      of Offering.
      If the
      managing underwriter or underwriters for a Demand Registration that is to be
      an
      underwritten offering advises the Company and the Demanding Holders in writing
      that the dollar amount or number of shares of Registrable Securities which
      the
      Demanding Holders desire to sell, taken together with all other shares of Common
      Stock or other securities which the Company desires to sell and the shares
      of
      Common Stock, if any, as to which registration has been requested pursuant
      to
      written contractual piggy-back registration rights held by other stockholders
      of
      the Company who desire to sell, exceeds the maximum dollar amount or maximum
      number of shares that can be sold in such offering without adversely affecting
      the proposed offering price, the timing, the distribution method, or the
      probability of success of such offering (such maximum dollar amount or maximum
      number of shares, as applicable, the “Maximum
      Number of Shares”),
      then
      the Company shall include in such registration: (i) first, the Registrable
      Securities as to which Demand Registration has been requested by the Demanding
      Holders (pro rata in accordance with the number of shares that each such Person
      has requested be included in such registration, regardless of the number of
      shares held by each such Person (such proportion is referred to herein as
“Pro
      Rata”))
      that
      can be sold without exceeding the Maximum Number of Shares; (ii) second, to
      the extent that the Maximum Number of Shares has not been reached under the
      foregoing clause (i), the shares of Common Stock or other securities that the
      Company desires to sell that can be sold without exceeding the Maximum Number
      of
      Shares; (iii) third, to the extent that the Maximum Number of Shares has
      not been reached under the foregoing clauses (i) and (ii), the shares of
      Common Stock or other securities registrable pursuant to the terms of the
      Registration Rights Agreement between the Company and the initial investors
      in
      the Company, dated as of                     ,
      2007
      (the “Registration
      Rights Agreement”
and
      such registrable securities, the “Investor
      Securities”)
      as to
      which “piggy-back” registration has been requested by the holders thereof, Pro
      Rata, that can be sold without exceeding the Maximum Number of Shares; and
      (iv) fourth, to the extent that the Maximum Number of Shares have not been
      reached under the foregoing clauses (i), (ii), and (iii), the shares of Common
      Stock or other securities for the account of other persons that the Company
      is
      obligated to register pursuant to written contractual arrangements with such
      persons and that can be sold without exceeding the Maximum Number of Shares.
      

     

    5.
      Withdrawal.
      If a
      majority-in-interest of the Demanding Holders disapprove of the terms of any
      underwriting or are not entitled to include all of their Registrable Securities
      in any offering, such majority-in-interest of the Demanding Holders may elect
      to
      withdraw from such offering by giving written notice to the Company and the
      underwriter or underwriters of their request to withdraw prior to the
      effectiveness of the registration statement filed with the Commission with
      respect to such Demand Registration. If the majority-in-interest of the
      Demanding Holders withdraws from a proposed offering relating to a Demand
      Registration, then the Company shall continue its obligations under Section
      A of
      this Exhibit B. 

     

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

     

    6.
      Terms.
      The
      Company shall bear all fees and expenses attendant to registering the
      Registrable Securities, including the expenses of any legal counsel selected
      by
      the Holders to represent them in connection with the sale of the Registrable
      Securities, but the Holders shall pay any and all underwriting commissions.
      The
      Company agrees to use its reasonable best efforts to qualify or register the
      Registrable Securities in such states as are reasonably requested by the
      Majority Holder(s); provided, however, that in no event shall the Company be
      required to register the Registrable Securities in a state in which such
      registration would cause the Company to be obligated to qualify to do business
      in such state, or would subject the Company to taxation as a foreign corporation
      doing business in such jurisdiction. The Company shall cause any registration
      statement or post-effective amendment filed pursuant to the demand rights
      granted hereunder to remain effective for a period of nine consecutive months
      from the effective date of such registration statement or post-effective
      amendment. 

     

    B. “Piggy-Back”
      Registration.
      

     

    1.
      Piggy-Back
      Rights.
      If at
      any time during the
      [                           
 ] year period commencing on the Release Date, the Company proposes to file
      a registration statement under the Securities Act with respect to an offering
      of
      equity securities, or securities or other obligations exercisable or
      exchangeable for, or convertible into, equity securities, by the Company for
      its
      own account or for stockholders of the Company for their account (or by the
      Company and by stockholders of the Company including, without limitation,
      pursuant to Section A of this Exhibit B), other than a registration
      statement (i) filed in connection with any employee stock option or other
      benefit plan, (ii) for an exchange offer or offering of securities solely
      to the Company’s existing stockholders, (iii) for an offering of debt that
      is convertible into equity securities of the Company or (iv) for a dividend
      reinvestment plan, then the Company shall (x) give written notice of such
      proposed filing to the holders of Registrable Securities as soon as practicable
      but in no event less than ten days before the anticipated filing date, which
      notice shall describe the amount and type of securities to be included in such
      offering, the intended method(s) of distribution, and the name of the proposed
      managing underwriter or underwriters, if any, of the offering, and
      (y) offer to the holders of Registrable Securities in such notice the
      opportunity to register the sale of such number of shares of Registrable
      Securities as such holders may request in writing within five days
      following receipt of such notice (a “Piggy-Back
      Registration”).
      The
      Company shall cause such Registrable Securities to be included in such
      registration and shall use its best efforts to cause the managing underwriter
      or
      underwriters of a proposed underwritten offering to permit the Registrable
      Securities requested to be included in a Piggy-Back Registration on the same
      terms and conditions as any similar securities of the Company and to permit
      the
      sale or other disposition of such Registrable Securities in accordance with
      the
      intended method(s) of distribution thereof. All holders of Registrable
      Securities proposing to distribute their securities through a Piggy-Back
      Registration that involves an underwriter or underwriters shall enter into
      an
      underwriting agreement in customary form with the underwriter or underwriters
      selected for such Piggy-Back Registration. 

     

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

     

    2.
      Reduction
      of Offering.
      If the
      managing underwriter or underwriters for a Piggy-Back Registration that is
      to be
      an underwritten offering advises the Company and the holders of Registrable
      Securities in writing that the dollar amount or number of shares of Common
      Stock
      which the Company desires to sell, taken together with shares of Common Stock,
      if any, as to which registration has been demanded pursuant to written
      contractual arrangements with persons other than the holders of Registrable
      Securities hereunder, the Registrable Securities as to which registration has
      been requested under this Section B of this Exhibit B, and the shares of
      Common Stock, if any, as to which registration has been requested pursuant
      to
      the written contractual piggy-back registration rights of other stockholders
      of
      the Company, exceeds the Maximum Number of Shares, then the Company shall
      include in any such registration: (i) If the registration is undertaken for
      the
      Company’s account: (A) first, the shares of Common Stock or other
      securities that the Company desires to sell that can be sold without exceeding
      the Maximum Number of Shares; (B) second, to the extent that the Maximum
      Number of Shares has not been reached under the foregoing clause (A), the shares
      of Common Stock or other securities, if any, comprised of Registrable Securities
      and Investor Securities, as to which registration has been requested pursuant
      to
      the applicable written contractual piggy-back registration rights of such
      security holders, Pro Rata, that can be sold without exceeding the Maximum
      Number of Shares; and (C) third, to the extent that the Maximum Number of
      shares has not been reached under the foregoing clauses (A) and (B), the
      shares of Common Stock or other securities for the account of other persons
      that
      the Company is obligated to register pursuant to written contractual piggy-back
      registration rights with such persons and that can be sold without exceeding
      the
      Maximum Number of Shares; (ii) If the registration is a “demand” registration
      undertaken at the demand of holders of Investor Securities, (A) first, the
      shares of Common Stock or other securities for the account of the demanding
      persons, Pro Rata, that can be sold without exceeding the Maximum Number of
      Shares; (B) second, to the extent that the Maximum Number of Shares has not
      been reached under the foregoing clause (A), the shares of Common Stock or
      other
      securities that the Company desires to sell that can be sold without exceeding
      the Maximum Number of Shares; (C) third, to the extent that the Maximum
      Number of Shares has not been reached under the foregoing clauses (A) and
      (B), the shares of Registrable Securities, Pro Rata, as to which registration
      has been requested pursuant to the terms hereof, that can be sold without
      exceeding the Maximum Number of Shares; and (D) fourth, to the extent that
      the Maximum Number of Shares has not been reached under the foregoing clauses
      (A), (B) and (C), the shares of Common Stock or other securities for the
      account of other persons that the Company is obligated to register pursuant
      to
      written contractual arrangements with such persons, that can be sold without
      exceeding the Maximum Number of Shares; and (iii) If the registration is a
      “demand” registration undertaken at the demand of persons other than either the
      holders of Registrable Securities or of Investor Securities, (A) first, the
      shares of Common Stock or other securities for the account of the demanding
      persons that can be sold without exceeding the Maximum Number of Shares;
      (B) second, to the extent that the Maximum Number of Shares has not been
      reached under the foregoing clause (A), the shares of Common Stock or other
      securities that the Company desires to sell that can be sold without exceeding
      the Maximum Number of Shares; (C) third, to the extent that the Maximum
      Number of Shares has not been reached under the foregoing clauses (A) and
      (B), collectively the shares of Common Stock or other securities comprised
      of
      Registrable Securities and Investor Securities, Pro Rata, as to which
      registration has been requested pursuant to the terms hereof and of the
      Registration Rights Agreement, as applicable, that can be sold without exceeding
      the Maximum Number of Shares; and (D) fourth, to the extent that the
      Maximum Number of Shares has not been reached under the foregoing clauses (A),
      (B) and (C), the shares of Common Stock or other securities for the account
      of other persons that the Company is obligated to register pursuant to written
      contractual arrangements with such persons, that can be sold without exceeding
      the Maximum Number of Shares. 

     

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

     

    2.
      Withdrawal.
      Any
      holder of Registrable Securities may elect to withdraw such holder’s request for
      inclusion of Registrable Securities in any Piggy-Back Registration by giving
      written notice to the Company of such request to withdraw prior to the
      effectiveness of the registration statement. The Company (whether on its own
      determination or as the result of a withdrawal by persons making a demand
      pursuant to written contractual obligations) may withdraw a registration
      statement at any time prior to the effectiveness of the registration statement.
      Notwithstanding any such withdrawal, the Company shall pay all expenses incurred
      by the holders of Registrable Securities in connection with such Piggy-Back
      Registration as provided herein. 

     

    3.
      Terms.
      The
      Company shall bear all fees and expenses attendant to registering the
      Registrable Securities, including the expenses of any legal counsel selected
      by
      the Holders to represent them in connection with the sale of the Registrable
      Securities but the Holders shall pay any and all underwriting commissions
      related to the Registrable Securities. In the event of such a proposed
      registration, the Company shall furnish the then Holders of outstanding
      Registrable Securities with not less than 15 days written notice prior to the
      proposed date of filing of such registration statement. Such notice to the
      Holders shall continue to be given for each applicable registration statement
      filed (during the period in which the Purchase Option is exercisable) by the
      Company until such time as all of the Registrable Securities have been
      registered and sold. The Holders of the Registrable Securities shall exercise
      the “piggy-back” rights provided for herein by giving written notice, within
      five days of the receipt of the Company’s notice of its intention to file a
      registration statement. The Company shall cause any registration statement
      filed
      pursuant to the above “piggyback” rights to remain effective for at least nine
      months from the date that the Holders of the Registrable Securities are first
      given the opportunity to sell all of such securities. 

     

    C. General
      Terms.
      

     

    1.
      Indemnification.
      The
      Company shall indemnify the Holder(s) of the Registrable Securities to be sold
      pursuant to any registration statement hereunder and each person, if any, who
      controls such Holders within the meaning of Section 15 of the Act or
      Section 20(a) of the Securities Exchange Act of 1934, as amended
      (“Exchange
      Act”),
      against all loss, claim, damage, expense or liability (including all reasonable
      attorneys’ fees and other expenses reasonably incurred in investigating,
      preparing or defending against litigation, commenced or threatened, or any
      claim
      whatsoever whether arising out of any action between the underwriter and the
      Company or between the underwriter and any third party or otherwise) to which
      any of them may become subject under the Securities Act, the Exchange Act or
      otherwise, arising from such registration statement but only to the same extent
      and with the same effect as the provisions pursuant to which the Company has
      agreed to indemnify the Investors, as defined in the Registration Rights
      Agreement. The Holder(s) of the Registrable Securities to be sold pursuant
      to
      such registration statement, and their successors and assigns, shall severally,
      and not jointly, indemnify the Company, its officers and directors and each
      person, if any, who controls the Company within the meaning of Section 15
      of the Securities Act or Section 20(a) of the Exchange Act, against all
      loss, claim, damage, expense or liability (including all reasonable attorneys’
fees and other expenses reasonably incurred in investigating, preparing or
      defending against any claim whatsoever) to which they may become subject under
      the Securities Act, the Exchange Act or otherwise, arising from information
      furnished by or on behalf of such Holders, or their successors or assigns,
      in
      writing, for specific inclusion in such registration statement to the same
      extent and with the same effect as the provisions contained in the Registration
      Rights Agreement pursuant to which the Investors named therein have agreed
      to
      indemnify the Company. 

     

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

     

    2.
      Underwriting
      Agreement.
      The
      Company shall enter into an underwriting agreement with the managing
      underwriter(s), if any, selected by any Holders whose Registrable Securities
      are
      being registered pursuant to this Exhibit B, which managing underwriter shall
      be
      reasonably acceptable to the Company. Such agreement shall be reasonably
      satisfactory in form and substance to the Company, each Holder and such managing
      underwriters, and shall contain such representations, warranties and covenants
      by the Company and such other terms as are customarily contained in agreements
      of that type used by the managing underwriter. The Holders shall be parties
      to
      any underwriting agreement relating to an underwritten sale of their Registrable
      Securities and may, at their option, require that any or all the
      representations, warranties and covenants of the Company to or for the benefit
      of such underwriters shall also be made to and for the benefit of such Holders.
      Such Holders shall not be required to make any representations or warranties
      to
      or agreements with the Company or the underwriters except as they may relate
      to
      such Holders and their intended methods of distribution. Such Holders, however,
      shall agree to such covenants and indemnification and contribution obligations
      for selling stockholders as are customarily contained in agreements of that
      type
      used by the managing underwriter. Further, such Holders shall execute
      appropriate custody agreements and otherwise cooperate fully in the preparation
      of the registration statement and other documents relating to any offering
      in
      which they include securities pursuant to this Exhibit B. Each Holder shall
      also
      furnish to the Company such information regarding itself, the Registrable
      Securities held by it, and the intended method of disposition of such securities
      as shall be reasonably required to effect the registration of the Registrable
      Securities. 

     

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

    

     

    3.
      Rule
      144 Sale.
      Notwithstanding anything contained in this Exhibit B to the contrary, the
      Company shall have no obligation for the registration of Registrable Securities
      held by any Holder (i) where such Holder would then be entitled to sell
      under Rule 144 within any three-month period (or such other period prescribed
      under Rule 144 as may be provided by amendment thereof) all of the Registrable
      Securities then held by such Holder, and (ii) where the number of
      Registrable Securities held by such Holder is within the volume limitations
      under paragraph (e) of Rule 144 (calculated as if such Holder were an
      affiliate within the meaning of Rule 144). 

     

    4.
      Amendments
      and Supplemental Prospectus.
      The
      Company shall prepare and file with the Commission such amendments, including
      post-effective amendments, and supplements to such registration statement and
      the prospectus used in connection therewith as may be necessary to keep such
      registration statement effective and in compliance with the provisions of the
      Securities Act until all Registrable Securities and other securities covered
      by
      such registration statement have been disposed of in accordance with the
      intended method(s) of distribution set forth in such registration statement
      (which period shall not exceed the sum of 180 days plus any period during
      which any such disposition is interfered with by any stop order or injunction
      of
      the Commission or any governmental agency or court) or such securities have
      been
      withdrawn. Each Holder agrees, that upon receipt of any notice from the Company
      of the happening of any event as a result of which the prospectus included
      in
      the registration statement, as then in effect, includes an untrue statement
      of a
      material fact or omits to state a material fact required to be stated therein
      or
      necessary to make the statements therein not misleading in light of the
      circumstances then existing, such Holder will immediately discontinue
      disposition of Registrable Securities pursuant to the registration statement
      covering such Registrable Securities until such Holder’s receipt of the copies
      of a supplemental or amended prospectus, and, if so desired by the Company,
      such
      Holder shall deliver to the Company (at the expense of the Company) or destroy
      (and deliver to the Company a certificate of such destruction) all copies,
      other
      than permanent file copies then in such Holder’s possession, of the prospectus
      covering such Registrable Securities current at the time of receipt of such
      notice. 

     

    5.
      Notification.
      After
      the filing of a registration statement pursuant to this Exhibit B, the Company
      shall promptly, and in no event more than two business days after such filing,
      notify the holders of Registrable Securities included in such registration
      statement, and shall further notify such holders promptly and confirm such
      advice in writing in all events within two business days of the occurrence
      of
      any of the following: (i) when such registration statement becomes
      effective; (ii) when any post-effective amendment to such registration
      statement becomes effective; (iii) the issuance or threatened issuance by
      the Commission of any stop order (and the Company shall take all actions
      required to prevent the entry of such stop order or to remove it if entered);
      and (iv) any request by the Commission for any amendment or supplement to
      such registration statement or any prospectus relating thereto or for additional
      information or of the occurrence of an event requiring the preparation of a
      supplement or amendment to such prospectus so that, as thereafter delivered
      to
      the purchasers of the securities covered by such registration statement, such
      prospectus will not contain an untrue statement of a material fact or omit
      to
      state any material fact required to be stated therein or necessary to make
      the
      statements therein not misleading, and promptly make available to the holders
      of
      Registrable Securities included in such registration statement any such
      supplement or amendment; except that before filing with the Commission a
      registration statement or prospectus or any amendment or supplement thereto,
      including documents incorporated by reference, the Company shall furnish to
      the
      holders of Registrable Securities included in such registration statement and
      to
      the legal counsel for any such holders, copies of all such documents proposed
      to
      be filed sufficiently in advance of filing to provide such holders and legal
      counsel with a reasonable opportunity to review such documents and comment
      thereon, and the Company shall not file any registration statement or prospectus
      or amendment or supplement thereto, including documents incorporated by
      reference, to which such holders or their legal counsel shall reasonably object.
      

     

    
      
         

      

      
        -9-

        
          

        

      

      
         

      

    

     

    6.
      State
      Securities Law Compliance.
      The
      Company shall use its best efforts to (i) register or qualify the
      Registrable Securities covered by any registration statement prepared pursuant
      to this Exhibit B under such securities or “blue sky” laws of such jurisdictions
      in the United States as the holders of Registrable Securities included in such
      registration statement (in light of their intended plan of distribution) may
      request and (ii) take such action necessary to cause such Registrable
      Securities covered by the registration statement to be registered with or
      approved by such other governmental authorities as may be necessary by virtue
      of
      the business and operations of the Company and do any and all other acts and
      things that may be necessary or advisable to enable the holders of Registrable
      Securities included in such registration statement to consummate the disposition
      of such Registrable Securities in such jurisdictions; provided, however, that
      the Company shall not be required to qualify generally to do business in any
      jurisdiction where it would not otherwise be required to qualify but for this
      paragraph or subject itself to taxation in any such jurisdiction. 

     

    7.
      Cooperation.
      The
      principal executive officer of the Company, the principal financial officer
      of
      the Company, the principal accounting officer of the Company and all other
      officers and members of the management of the Company shall cooperate fully
      in
      any offering of Registrable Securities hereunder, which cooperation shall
      include, without limitation, the preparation of the registration statement
      with
      respect to such offering and all other offering materials and related documents,
      and participation in meetings with underwriters, attorneys, accountants and
      potential investors. 

     

    8.
      Records.
      The
      Company shall make available for inspection by the holders of Registrable
      Securities included in such registration statement, any underwriter(s)
      participating in any disposition pursuant to such registration statement and
      any
      attorney, accountant or other professional retained by any holder of Registrable
      Securities included in such registration statement or any underwriter(s), all
      financial and other records, pertinent corporate documents and properties of
      the
      Company, as shall be necessary to enable them to exercise their due diligence
      responsibility, and cause the Company’s officers, directors and employees to
      supply all information requested by any of them in connection with such
      registration statement. 

     

    9.
      Listing.
      The
      Company shall use its best efforts to cause all Registrable Securities included
      in any registration to be listed on such exchanges or otherwise designated
      for
      trading in the same manner as similar securities issued by the Company are
      then
      listed or designated or, if no such similar securities are then listed or
      designated, in a manner satisfactory to the holders of a majority of the
      Registrable Securities included in such registration. 

     

    
      
         

      

      
        -10-ASSET
      PURCHASE AGREEMENT

    

    AGREEMENT,
      dated as of November 22, 2006 between G-3 Global Investments, Inc., a Texas
      Corporation ("Seller"), and TXP Corporation, a Nevada corporation with offices
      at 1299 Commerce Drive, Richardson, TX 75082 (the "Purchaser").

    

    RECITALS

    

    A.
      Seller
      is the owner of certain assets relating to the SMT JUKI line of
      equipment, as set forth in Exhibit A to that certain Equipment Lease (the
      "Lease") dated as of May 1, 2005 by and between G3 Global Investments Inc.,
      and
      Texas Prototypes, Inc. , a wholly owned subsidiary
      of TXP Corporation. A copy of  such Lease is annexed hereto as Exhibit
      A.

    

    B.
      Purchaser desires to acquire the assets from Seller. 

    

    Seller
      desires to sell the same to Purchaser. 

    

    D.
      It is
      intended that the sale of the Assets shall qualify for United States federal
      income tax purposes as a tax free transfer of property within the meaning of
      Section 351 of the Internal Revenue Code of 1986, as amended (the
“Code”).

    

    NOW,
      THEREFORE, in consideration of the mutual representations, warranties, covenants
      and agreements herein set forth, the parties hereto hereby agree as
      follows:

    

    1.
      Sale
      of Assets. Subject to the terms and conditions of this Agreement, at the closing
      under this Agreement (the "Closing"), Seller shall sell, convey, assign,
      transfer and deliver to Purchaser, and Purchaser shall purchase, acquire and
      accept from Seller all right, title, and interest in and to the following assets
      (the "Assets"):

    

    SMT production
      line equipment

    

    It
      is
      expressly understood that Purchaser shall not assume, pay or be liable for
      any
      liability or obligation of Seller of any kind or nature at any time existing
      or
      asserted, whether, known, unknown, fixed, contingent or otherwise, not
      specifically assumed herein by Purchaser.

    

    2.
      Purchase Consideration. In consideration of the purchase and sale of the Assets,
      Purchaser and Seller agree to terminate the Lease. In addition, TXP
      Corporation agrees to pay to the Purchaser THREE HUNDRED THOUSAND DOLLARS
      ($300,000.00) at the Closing (the “Purchase Consideration”) for the
      Assets.

    

    3.
      Closing. 

    

    3.1
      Place
      and Time. The Closing shall take place at the offices of Sichenzia Ross Friedman
      Ference LLP, 1065 Avenue of the Americas, 21st Floor, New York, New York 10018,
      on November 22, 2006, or at such other time or place as Purchaser and Seller
      may
      mutually agree as may be evidenced by their effecting the Closing (the "Closing
      Date"). 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    3.2
      Deliveries by Seller. At the Closing, Seller shall deliver the following to
      the
      Purchaser:

    

    (a)
      All
      of the tangible Assets including without limitation all books and records
      related thereto and/or the rights to take possession thereof.

    

    (b)
      Such
      deeds, bills of sale, assignments and other instruments of conveyance and
      transfer, and such powers of attorney, as shall be effective to vest in
      Purchaser title to or other interest in, and the right to full custody and
      control of, the Assets, free and clear of all liens, charges, encumbrances
      and
      security interests whatsoever including, but not limited to, the Bill of Sale
      form annexed hereto as Exhibit 3.2(b).

    

    (c)
      All
      other documents, certificates, instruments or writings reasonably required
      by
      Purchaser to be delivered by Seller at or prior to the Closing pursuant to
      this
      Agreement.

    

    3.3
      Deliveries by Purchaser. At the Closing, Purchaser shall deliver the following
      to the Seller:

    

    (a)
      the
      Purchase Consideration in the form of a check in the amount of THREE
      HUNDRED THOUSAND DOLLARS ($300,000).

     

    3.4
      Proceedings. All proceedings which shall be taken and all documents which shall
      be executed and delivered by the parties on the Closing Date shall be deemed
      to
      have been taken and executed simultaneously, and no proceeding shall be deemed
      taken nor any documents executed or delivered until all have been taken,
      executed and delivered.

    

    3.5
      Conditions to Purchaser' Obligations. The obligations of Purchaser to effect
      the
      Closing shall be subject to the satisfaction at or prior to the Closing of
      the
      following conditions, any one or more of which may be waived by
      Purchaser:

    

    (a)
      There
      shall not be in effect any injunction, order or decree of a court of competent
      jurisdiction that prohibits or delays consummation of any or all of the
      transactions contemplated in this Agreement nor shall any proceeding seeking
      any
      of the foregoing have been commenced.

    

    (b)
      The
      representations and warranties of Seller set forth in this Agreement shall
      be
      true and correct in all material respects as of the date of this Agreement
      and
      as of the Closing Date as though made at such time.

    

    (c)
      Seller shall have performed and complied in all material respects with the
      agreements contained in this Agreement required to be performed and complied
      with by it prior to or at the Closing.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    3.6
      Conditions to Seller's Obligations. The obligations of Seller to effect the
      Closing shall be subject to the satisfaction at or prior to the Closing of
      the
      following conditions, any one or more of which may be waived by
      Seller:

    

    (a)
      There
      shall not be in effect any injunction, order or decree of a court of competent
      jurisdiction that prohibits or delays the consummation of any or all of the
      transactions contemplated herein nor shall any proceeding seeking any of the
      foregoing have been commenced.

    

    (b)
      The
      representations and warranties of the Purchaser set forth in this Agreement
      shall be true and correct in all material respects as of the date of this
      Agreement and as of the Closing Date as though made at such time.

    

    (c)
      The
      Purchaser shall have performed and complied in all material respects with the
      agreements contained in this Agreement required to be performed and complied
      with by it prior to or at the Closing.

    

    4.
      Representations and Warranties of Seller. Seller hereby represents and warrants
      to Purchaser as follows:

    

    No
      Conflicts. 

    (a)
      Seller has the right, power, authority and capacity to execute and deliver
      this
      Agreement and to perform its obligations under this Agreement.

    

    (b)
      Neither the execution, delivery or performance of this Agreement by Seller
      nor
      the consummation by Seller of the transactions contemplated hereby will,
      directly or indirectly (with or without notice or lapse of time or
      both):

    

    (i)
      contravene, conflict with or result in a violation or breach of (A) any legal
      requirement or any governmental order to which Seller or any of the properties
      or assets owned or used by Seller may be subject, or (B) any authorization,
      license or permit of any governmental authority, including any private
      investigatory license or other similar license, which is held by Seller or
      that
      otherwise relates to the business of, or any of the assets owned or used by
      Seller; 

     

    (ii)
      result in a violation or breach of or constitute a default, give rise to a
      right
      of termination, cancellation or acceleration, create any entitlement to any
      payment or benefit or require the consent or approval of or any notice to or
      filing with any third party under any contract to which Seller is a party or
      to
      which his or his properties or assets may be bound, or require the consent
      or
      approval of or any notice to or filing with any governmental authority to which
      the Seller or his properties or assets may be subject; or 

     

    (iii)
      result in the imposition or creation of any encumbrance upon or with respect
      to
      any of the properties or assets owned or used by Seller. 

     

    4.2
      No
      Undisclosed Liabilities. Seller has no material liabilities or obligations
      of
      any nature (whether absolute, accrued, contingent, or otherwise) with respect
      to
      the Assets except for liabilities or obligations which have previously been
      disclosed to Purchaser and current liabilities incurred in the ordinary course
      of business, which current liabilities are consistent with the representations
      and warranties contained in this Agreement and will not, individually or in
      the
      aggregate, have a material adverse change in the business, operations,
      properties, prospects, liabilities, results of operations, assets or condition
      (financial or otherwise) of Seller.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    4.3
      Taxes. With respect to the Assets, Seller has properly and timely filed all
      federal, state and local Tax returns and has paid all Taxes, assessments and
      penalties due and payable. All such Tax returns were complete and correct in
      all
      respects as filed, and no claims have been assessed with respect to such
      returns. There are no present, pending, or threatened audit, investigations,
      assessments or disputes as to Taxes of any nature payable by the Seller, nor
      any
      Tax liens whether existing or inchoate on any of the assets of the Seller,
      except for current year Taxes not presently due and payable. The federal income
      Tax returns of the Seller have never been audited. No IRS or foreign, state,
      county or local Tax audit is currently in progress. The Seller has not waived
      the expiration of the statute of limitations with respect to any Taxes. There
      are no outstanding requests by the Seller for any extension of time within
      which
      to file any Tax return or to pay Taxes shown to be due on any Tax return. Other
      than with respect to the Seller, the Seller is not liable for Taxes of any
      other
      person or entity or is currently under any contractual obligation to indemnify
      any person or entity with respect to Taxes or is a party to any Tax sharing
      agreement or any other agreement providing for payments by the Seller with
      respect to Taxes. 

     

    For
      purposes of this Agreement, the term “Tax” shall mean any United States federal,
      national, state, provincial, local or other jurisdictional income, gross
      receipts, property, sales, use, license, excise, franchise, employment, payroll,
      estimated, alternative or add-on minimum, ad valorem, transfer or excise tax,
      or
      any other tax, custom, duty, governmental fee or other like assessment or charge
      imposed by any governmental authority, together with any interest or penalty
      imposed thereon. 

    

    4.4
      Compliance with Law; Governmental Authorizations. To the best of Seller’s
      knowledge, Seller is in compliance with all federal, state and local laws,
      authorizations, licenses and permits of any governmental authority and all
      governmental orders affecting the properties and assets of Seller, including
      federal, state and local: (i) Occupational Safety and Health Laws; (ii) private
      investigatory and other similar laws; (iii) the Fair Credit Reporting Act and
      similar state and local laws; and (iv) laws regarding or relating to trespass
      or
      violation of privacy rights. Seller has not been charged with violating, nor
      to
      the knowledge of Seller, threatened with a charge of violating, nor, to the
      knowledge of Seller, is Seller under investigation with respect to a possible
      violation of any provision of any federal, state or local law relating to any
      of, properties or assets.

    

    4.7
      Effect of Agreement. This Agreement has been duly executed and delivered by
      Seller and constitutes, and such other agreements and instruments to be executed
      by Seller pursuant hereto, when so duly executed and delivered, will constitute,
      legal, valid and binding obligations of Seller, enforceable in accordance with
      their respective terms, except as such enforcement may be limited by bankruptcy,
      insolvency, reorganization, receivership, moratorium or other similar laws
      relating to or affecting the rights of creditors generally and by general equity
      principles (regardless of whether such enforcement is considered in a proceeding
      in equity or at law).

    

    4.8
      Title
      to Assets. After giving effect to the transactions contemplated by this
      Agreement, Purchaser will have good and valid title to all of the Assets, free
      and clear of all, liens, encumbrances, restrictions, security interests,
      mortgages, and claims (including any related to duty or customs), except with
      respect to any of the foregoing which may be incurred by Purchaser.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    4.9
      Broker's Fees. Seller has not employed any broker or finder or incurred any
      liability for any broker's or finder's fees or commissions in connection with
      this Agreement or the transactions contemplated herein.

    

    4.10
      Intentionally Left Blank.

    

    4.11
      Disclosure. No representation or warranty by Seller in this Agreement, nor
      in
      any certificate, schedule or exhibit delivered or to be delivered pursuant
      to
      this Agreement contains or will contain any untrue statement of material fact,
      or omits or will omit to state a material fact necessary to make the statements
      herein or therein, in light of the circumstances under which they were made,
      not
      misleading.

    

    4.13
      Legal Proceedings. There is no pending claim, action, investigation,
      arbitration, litigation, suit or other proceeding (“Proceeding”):

    

    (a)
      that
      has been commenced by or against the Seller or that otherwise relates to or
      may
      affect the business of, or any of the properties or assets owned, held or used
      by, the Seller; or 

    

    (b)
      that
      challenges, or that may have the effect of preventing, delaying, making illegal,
      or otherwise interfering with, any of the transactions contemplated hereby.
      

    

    To
      the
      knowledge of the Seller, (A) no such Proceeding has been threatened, and (B)
      no
      event has occurred or circumstance exists that may give rise to or serve as
      a
      basis for the commencement of any such Proceeding. 

    

    5.
      Representations and Warranties of Purchaser. Purchaser hereby represents and
      warrants to Seller as follows:

    

    5.1
      Effect of Agreement. This Agreement has been duly executed and delivered by
      Purchaser and constitutes, and each other agreement, document or instrument
      to
      be executed by Purchaser pursuant hereto, when so duly executed and delivered,
      will constitute, legal, valid and binding obligations of Purchaser, enforceable
      against Purchaser in accordance with their terms, except as such enforcement
      may
      be limited by bankruptcy, insolvency, reorganization, receivership, moratorium
      or other similar laws relating to or affecting the rights of creditors generally
      and by general equity principles (regardless of whether such enforcement is
      considered in a proceeding in equity or at law).

    

    5.2
      Knowledge. Purchaser have not relied on any representations or warranties of
      any
      Seller or any agent of any Seller, whether implied or otherwise, other than
      those expressly made by Seller in this Agreement, in making its determination
      to
      enter into and consummate this Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    5.3
      Broker's Fees. Purchaser have not employed any broker or finder or incurred
      any
      liability for any broker's or finder's fees or commissions in connection with
      this Agreement or the transactions contemplated herein.

    

    6.
      Pre-Closing Covenants.

    

    6.1
      Compliance with Conditions. The parties hereto shall use their best efforts
      to
      cause the Closing to be consummated and to cause the execution and delivery
      of
      the documents referred to in Section 3 hereof and to bring about the
      satisfaction of the conditions to the obligations of the parties hereto set
      forth in Section 3, herein.

    

    6.2
      Update of Exhibits. From and after the date hereof and up to the Closing Date,
      the parties hereto shall update the exhibits to this Agreement to the extent
      necessary to make such exhibits true and accurate as of the Closing Date and
      shall deliver copies of such updated exhibits to Purchaser or Seller, as the
      case may be, immediately upon their preparation.

    

    6.3
      Consents. From and after the date hereof, the parties hereto shall use their
      best efforts to obtain all of the certificates, authorizations, consents or
      approvals required as set forth in Section 3 hereof. Evidence of such
      certificates, authorizations, consents or approvals shall be delivered to
      Purchaser or Seller, as the case may be, on or prior to the Closing.

    

    6.4
      Business Practices. From and after the date hereof and up to the Closing Date,
      Seller shall continue to run the business of Seller in a manner consistent
      with
      past business practices including the satisfaction of all of its then current
      obligations. 

    

    7.
      Indemnifications by Seller and Purchaser.

    

    7.1
      Indemnification by Seller. Seller shall indemnify and hold harmless Purchaser
      and shall reimburse Purchaser for any loss, liability, claim, damage, expense
      (including, without limitation, costs of investigation and defense and
      reasonable attorney's fees) or diminution of value (collectively, "Damages")
      arising from or in connection with:

    

    (a)
      any
      inaccuracy in any of the representations and warranties of Seller in this
      Agreement or in any certificate delivered by Seller pursuant to this Agreement,
      or any actions, omissions or state of facts inconsistent with any such
      representation or warranty (for purposes of this clause (a), each schedule
      and
      exhibit to this Agreement shall be deemed a representation and
      warranty);

    

    (b)
      any
      failure by Seller to perform or comply with any agreement made by it under
      this
      Agreement;

    

    (c)
      any
      operations or business conducted, commitment made, service rendered or condition
      existing or any action taken or omitted by or on behalf of Seller, except for
      any claims for which Purchaser is required to indemnify Seller pursuant to
      Section 7.2 herein;

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (d)
      any
      claim by any person for brokerage or finder's fees or commissions or similar
      payments based upon any agreement or understanding alleged to have been made
      by
      any such person with Seller (or any person acting on its behalf) in connection
      with any of the transactions contemplated herein; and

    

    (e)
      Seller's failure to comply with the "Bulk Sales Laws" under the Uniform
      Commercial Code;

    

    provided,
      however, that (i) Seller shall have no obligation to indemnify Purchaser for
      Damages until the aggregate Damages exceed $20,000 and, in such event, for
      the
      full amount of such Damages, (ii) Seller' aggregate liability for Damages shall
      in no event exceed the Purchase Consideration, and (iii) Seller shall have
      no
      obligation to indemnify Purchaser for any claims made by Purchaser under this
      Section 7.1 after twenty four (24) months after the Closing Date. 

    

    7.2
      Indemnification by Purchaser. Purchaser shall indemnify and hold harmless
      Seller, and shall reimburse Seller for any Damages arising from or in connection
      with:

    

    (a)
      any
      inaccuracy in any of the representations and warranties of Purchaser in this
      Agreement or in any certificate delivered by Purchaser pursuant to this
      Agreement, or any actions, omissions or state of facts inconsistent with any
      such representation or warranty (for purposes of this clause (a), each schedule
      and exhibit to this Agreement shall be deemed a representation and
      warranty);

    

    (b)
      any
      failure by Purchaser to perform or comply with any agreement made by it under
      this Agreement;

    

    (c)
      any
      claim by any person for brokerage or finder's fees or commissions or similar
      payments based upon any agreement or understanding alleged to have been made
      by
      such person with Purchaser (or any person acting on its behalf, regardless
      of
      whether such person purported to act on behalf of Seller) in connection with
      any
      of the transactions contemplated in this Agreement; and

    

    (d)
      obligations with respect to any product liability associated with the Equipment
      for the period after the Closing Date; 

    

    provided,
      however, that (i) Purchaser shall have no obligation to indemnify Seller for
      Damages until the aggregate Damages exceed $20,000 and, in such event, for
      the
      full amount of such Damages, (ii) Purchaser' aggregate liability for Damages
      shall in no event exceed the Purchase consideration, and (iii) Purchaser shall
      have no obligation to indemnify Seller for any claims made by any Seller under
      this Section 7.2 after twenty four (24) months after the Closing
      Date.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    7.3
      Procedure for Indemnification. Promptly after receipt by an indemnified party
      under Section 7.1 or 7.2 hereof of notice of the commencement of any action
      or
      assertion of any claim, such indemnified party shall, if a claim in respect
      thereof is to be made against an indemnifying party under such Section, give
      notice to the indemnifying party of the commencement or assertion thereof,
      but
      the failure so to notify the indemnifying party shall not relieve it of any
      liability that it may have to any indemnified party except to the extent the
      indemnifying party demonstrates that the defense of such action is materially
      prejudiced thereby. If any such action shall be brought against an indemnified
      party and it shall give notice to the indemnifying party of the commencement
      thereof, the indemnifying party shall be entitled to participate therein and,
      to
      the extent that it shall wish, to assume the defense thereof with counsel
      satisfactory to such indemnified party and, after notice from the indemnifying
      party to such indemnified party of its election so to assume the defense
      thereof, the indemnifying party shall not be liable to such indemnified party
      under such Section for any fees of other counsel or any other expenses, in
      each
      case subsequently incurred by such indemnified party in connection with the
      defense thereof, other than reasonable costs of investigation. If an
      indemnifying party assumes the defense of such an action:

    

    (a)
      no
      compromise or settlement thereof may be effected by the indemnifying party
      without the indemnified party's consent which shall not be unreasonably withheld
      unless (i) there is no finding or admission of any violation of law or any
      violation of the rights of any person and no effect on any other claims that
      may
      be made against the indemnified party and (ii) the sole relief provided is
      monetary damages that are paid in full by the indemnifying party;
      and

    

    (b)
      the
      indemnifying party shall have no liability with respect to any compromise or
      settlement thereof effected without its consent. If notice is given to an
      indemnifying party of the commencement of any action and it does not, within
      ten
      (10) business days after the indemnified party's notice is given, give notice
      to
      the indemnified party of its election to assume the defense thereof, the
      indemnifying party shall be bound by any determination made in such action
      or
      any compromise or settlement thereof effected by the indemnified party.
      Notwithstanding the foregoing, if an indemnified party determines in good faith
      that there is a reasonable probability that an action may materially and
      adversely affect it or its affiliates other than as a result of monetary
      damages, such indemnified party may, by notice to the indemnifying party, assume
      the exclusive right to defend, compromise or settle such action at its cost
      or
      expense, but the indemnifying party shall not be bound by any determination
      of
      an action so defended or any compromise or settlement thereof effected without
      its consent (which shall not be unreasonably withheld).

    

    8.
      Miscellaneous. 

    

    8.1
      Bulk
      Sales Laws: The parties hereto hereby agree to waive compliance with "Bulk
      Sales
      Laws" under the Uniform Commercial Code and the related notice provisions
      thereof.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    8.2
      Survival. All representations, warranties and agreements contained in this
      Agreement or in any certificate delivered pursuant to this Agreement shall
      survive eighteen (18) months after Closing.

    

    8.3
      Waivers and Amendments. 

    

    (a)
      This
      Agreement may be amended, modified or supplemented only by a written instrument
      executed by the parties hereto. The provisions of this Agreement may be waived
      only by an instrument in writing executed by the party granting the waiver.
      No
      action taken pursuant to this Agreement, including without limitation, any
      investigation by or on behalf of any party, shall be deemed to constitute a
      waiver by the party taking such action of compliance with any representation,
      warranty, covenant or agreement contained herein. The waiver by any party hereto
      of a breach of any provision of this Agreement shall not operate or be construed
      as a further or continuing waiver of such breach or as a waiver of any other
      or
      subsequent breach.

    

    (b)
      No
      failure on the part of any party to exercise, and no delay in exercising any
      right, power or remedy hereunder shall operate as a waiver thereof, nor shall
      any single or partial exercise of such right, power or remedy by such party
      preclude any other or further exercise thereof or the exercise of any other
      right, power or remedy. All remedies hereunder are cumulative and are not
      exclusive of any other remedies provided by law.

    

    8.4
      Fees
      and Expenses. Each party shall be responsible for its respective fees and
      expenses incurred in connection with this transaction.

    

    8.5
      Notices. All notices, requests, demands and other communications that are
      required or may be given under this Agreement shall be in writing and shall
      be
      deemed to have been duly given or made: if by hand, immediately upon delivery;
      if by telex, telecopier, telegram or similar electronic device, immediately
      upon
      sending, provided it is sent on a business day, but if not, then immediately
      upon the beginning of the first business day after being sent; if by Federal
      Express, Express Mail or any other overnight delivery service, on the first
      business day after dispatch; if by registered or certified mail, return receipt
      requested, upon receipt by the addressee. All notices, requests and demands
      are
      to be given or made to the parties at the following addresses (or to such other
      address as either party may designate by notice in accordance with the
      provisions of this paragraph):

    

    If
      to
      Seller: G-3 Global Investments, Inc.

    Telephone:
      

    Facsimile:
      

    attn:
      Michael Shores

    

    With
      a
      copy to: 

    

    If
      to
      Purchaser: TXP Corporation

    1299
      Commerce Drive 

    Richardson,
      TX 75082

    Telephone:
      (214)- 575-9300

    Facsimile:

    attn:
      Robert Bruce

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    8.6
      Entire Agreement. This Agreement and the schedules and exhibits hereto set
      forth
      the entire agreement and understanding between the parties hereto with respect
      to the subject matter hereof and supersede any prior negotiations, agreements,
      letters of intent, understandings or arrangements between the parties hereto
      with respect to the subject matter hereof.

    

    8.7
      Binding Effect, Benefits, Construction. This Agreement shall inure to the
      benefit of and be binding upon the parties hereto and their respective
      successors. Nothing in this Agreement, expressed or implied, is intended to
      confer on any person other than the parties hereto, or their respective
      successors, any rights, remedies, obligations or liabilities under or by reason
      of this Agreement.

    

    8.8
      Non-Assignability. This Agreement and any rights pursuant hereto shall not
      be
      assignable by any party hereto without the prior written consent of the other
      party.

    

    8.9
      Arbitration. The parties hereto shall attempt to resolve any dispute,
      controversy, difference or claim arising out of or relating to this Agreement
      by
      negotiation in good faith. If such good negotiation fails to resolve such
      dispute, controversy, difference or claim within fifteen (15) days after any
      party delivers to any other party a notice of its intent to submit such matter
      to arbitration, then any party to such dispute, controversy, difference or
      claim
      may submit such matter to arbitration with the American Arbitration Association
      in the City of New York, New York.

    

    8.10
      Applicable Law, Venue, Jurisdiction. All questions concerning the construction,
      validity, enforcement and interpretation of the Agreement shall be governed
      by
      and construed and enforced in accordance with the internal laws of the State
      of
      New York, without regard to the principles of conflicts of law thereof. Each
      party agrees that all legal proceedings concerning the interpretations,
      enforcement and defense of the transactions contemplated by this Agreement
      (whether brought against a party hereto or its respective affiliates, directors,
      officers, shareholders, employees or agents) shall be commenced exclusively
      in
      the state and federal courts sitting in the City of New York. Each party hereby
      irrevocably submits to the exclusive jurisdiction of the state and federal
      courts sitting in the City of New York, borough of Manhattan for the
      adjudication of any dispute hereunder or in connection herewith or with any
      transaction contemplated hereby or discussed herein, and hereby irrevocably
      waives, and agrees not to assert in any suit, action or proceeding, any claim
      that it is not personally subject to the jurisdiction of any such court, that
      such suit, action or proceeding is improper or inconvenient venue for such
      proceeding. Each party hereby irrevocably waives personal service of process
      and
      consents to process being served in any such suit, action or proceeding by
      mailing a copy thereof via registered or certified mail or overnight delivery
      (with evidence of delivery) to such party at the address in effect for notices
      to it under this Agreement and agrees that such service shall constitute good
      and sufficient service of process and notice thereof. Nothing contained herein
      shall be deemed to limit in any way any right to serve process in any manner
      permitted by law. The parties hereby waive all rights to a trial by jury. If
      either party shall commence an action or proceeding to enforce any provisions
      of
      the Agreement, then the prevailing party in such action or proceeding shall
      be
      reimbursed by the other party for its attorneys’ fees and other costs and
      expenses incurred with the investigation, preparation and prosecution of such
      action or proceeding

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    8.11
      Section and Other Headings. The section and other headings contained in this
      Agreement are for reference purposes only and shall not affect the meaning
      or
      interpretation of this Agreement.

    

    8.12
      Counterparts. This Agreement may be executed in any number of counterparts,
      each
      of which shall be deemed an original, but all of which together shall constitute
      one and the same instrument.

     

    IN
      WITNESS WHEREOF, Purchaser and Seller have caused this Agreement to be signed
      by
      their duly authorized respective officers all as of the date first written
      above.

    

    PURCHASER:
      G-3 Global Investments, Inc.

    
      	 	 	 	 
	 	 
 	 
 	 
 
	
               By:

            	/s/
              Michael
              Shores	  	
            
	 	
              
                

              

              Name:
                Michael Shores

              Title:

               

            	
            
	 	 	
            

    

     

    SELLER:
      TXP Corporation, a Nevada Corporation

    
      
        	 	 	 	 
	 	 
 	 
 	 
 
	
                 By:

              	/s/
                Robert
                Bruce	  	
              
	 	
                
                  

                

                Name:
                  Robert Bruce

                Title: Chief Financial Officer

                 

              	
              
	 	 	
              

      

       

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Exhibit
      3.2(b)

    

    BILL
      OF
      SALE

    

    WHEREAS,
      G3 Global Investments, Inc., a TEXAS Company ("Seller"), and TXP
      Corporation, a Nevada corporation (the "Purchaser"), have entered into an Asset
      Purchase Agreement, dated November 15, 2006 (the "Agreement"), pursuant to
      which
      Seller has agreed to sell to Purchaser, and Purchaser have agreed to purchase
      from Seller the "Assets" (as defined in the Agreement);

    

    NOW,
      THEREFORE, Seller, for good and valuable consideration paid to it, and pursuant
      to the provisions of the Agreement, which are hereby incorporated by reference
      herein, have granted, bargained, sold, conveyed, assigned, released, transferred
      and delivered, and by these presents do grant, bargain, sell, convey, assign,
      release, transfer and deliver unto Purchaser, its successors and assigns, to
      have and hold the same forever, the Assets.

    

    Seller,
      for itself and its successors and assigns, does hereby convey to Purchaser
      good
      and marketable title to the Assets free and clear of all liens, liabilities,
      claims and encumbrances, except as provided in the Agreement or as may have
      been
      created by Purchaser, and do for its successors and assigns covenant and agree
      to warrant and defend the sale of the Assets to Purchaser, its successors and
      assigns, against all and every person.

    

    No
      other
      warranty or representation, except as expressly made by Seller in the Agreement
      or in this Bill of Sale, is made by Seller, nor shall any be
      implied.

    

    IN
      WITNESS WHEREOF, Seller has caused this instrument to be executed by its duly
      authorized officers this 15th day of November, 2006, to become effective on
      the
      date hereof.

     

    G-3
      Global Investments, Inc.

    
      
        	 	 	 	 
	
                 By:

              	/s/
                Michael
                Shores	  	
              
	 	
                
                  

                

                Name:
                  Michael Shores

                Title:

                 

              	
              
	 	 	
              

      

       

    

    A
      TEXAS
      Corporation

    
      
        
          	 	 	 	 
	
                   By:

                	/s/
                  Robert
                  Bruce	  	
                
	 	
                  
                    

                  

                  Name:
                    Robert Bruce

                  Title: Chief Financial Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}]]