Document:

THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT") OR
APPLICABLE STATE SECURITIES LAWS, AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD
EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER
THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN
OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THERE IS AN
AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT.

                          COMMON STOCK PURCHASE WARRANT

No. 99-2

                  To Purchase 110,000 Shares of Common Stock of

                                 INTERIORS, INC.

      THIS CERTIFIES that, for value received, Endeavour Capital Fund SA (the
"Holder", including permitted assigns), is entitled, upon the terms and subject
to the conditions hereinafter set forth, at any time on or after December 31,
2000, and on or prior to September 29, 2004 (the "Termination Date") but not
thereafter, to subscribe for and purchase from Interiors, Inc. a Delaware
corporation (the "Company"), One Hundred Ten Thousand (110,000) shares of Common
Stock (the "Warrant Shares"). The purchase price of one share of Class A Common
Stock of the Company (the "Common Stock")under this Warrant shall be equal to
$2.00 (the "Exercise Price"), or the Holder may exercise this Warrant pursuant
to the Cashless Exercise feature set forth in Section 3 below. The Exercise
Price and the number of shares for which the Warrant is exercisable shall be
subject to adjustment as provided herein. This Warrant is being issued in
connection with the Exchange Agreement dated as of December 31, 1999 (the
"Agreement") entered into between the Company and the Holder. In the event of
any conflict between the terms of this Warrant and the Agreement, the Agreement
shall control. Any capitalized terms used herein but not otherwise defined shall
have that meaning assigned in the Agreement.

      1. Title of Warrant. Prior to the expiration hereof and subject to
compliance with applicable laws, this Warrant and all rights hereunder are
transferable, in whole or in part, at the office or agency of the Company by the
holder hereof in person or by duly authorized attorney, upon surrender of this
Warrant together with the Assignment Form annexed hereto properly endorsed.

      2. Authorization of Shares. The Company covenants that all shares of
Common Stock which may be issued upon the exercise of rights represented by this
Warrant will, upon exercise of the rights represented by this Warrant, be duly
authorized, validly issued, fully paid and nonassessable and free from all
taxes, liens and charges in respect of the issue thereof (other than taxes in
respect of any transfer occurring contemporaneously with such issue).
<PAGE>

      3. Exercise of Warrant. Exercise of the purchase rights represented by
this Warrant may be made at any time or times, in whole or in part, before the
close of business on the Termination Date, or such earlier date on which this
Warrant may terminate as provided in paragraph 11 below, by the surrender of
this Warrant and the Exercise Form annexed hereto duly executed, to the office
of the Company (or such other office or agency of the Company as it may
designate by notice in writing to the registered holder hereof at the address of
such holder appearing on the books of the Company) and upon payment of the
Exercise Price of the Warrant Shares purchased thereby, or pursuant to the
cashless exercise feature set forth herein. Certificates for Warrant Shares
purchased hereunder shall be delivered to the Holder within three Business Days
after the date on which this Warrant shall have been exercised as aforesaid.
Payment of the Exercise Price (in the event the Holder does not choose to
utilize the cashless exercise feature) of the Warrant Shares may be by wire
transfer (of same day funds) to the Company in an amount equal to the Exercise
Price multiplied by the number of Warrant Shares being purchased.

      The Holder may pay the Exercise Price in cash or pursuant to a cashless
exercise, as follows:

            (a) Cash Exercise. The Holder shall deliver immediately available
funds;

            (b) Cashless Exercise. The Holder may surrender this Warrant to the
Company together with a Notice of Exercise, indicating it is utilizing the
Cashless Exercise feature, in which event the Company shall issue to the Holder
the number of Warrant Shares determined as follows:

                  X = Y  (A-B)/A

      Where:      X = the number of Warrant Shares to be issued to the Holder.

                  Y = the number of Warrant Shares with respect to which this
                  Warrant is being exercised.

                  A = the average of the closing sale prices of the Common Stock
                  for the five (5) Trading Days immediately prior to (but not
                  including) the date the Company receives a facsimile of the
                  Notice of Exercise.

                  B = the Exercise Price.

      For purposes of Rule 144 promulgated under the Securities Act, it is
intended, understood and acknowledged that the Warrant Shares issued in a
cashless exercise transaction shall be deemed to have been acquired by the
Holder, and the holding period for the Warrant Shares shall be deemed to have
been commenced, on the original issuance date of this Warrant.
<PAGE>

      4. No Fractional Shares or Scrip. No fractional shares or scrip
representing fractional shares shall be issued upon the exercise of this
Warrant. In lieu of issuing fractional shares, the Company shall round up to the
nearest whole share the number of Warrant Shares due upon exercise of this
Warrant.

      5. Charges, Taxes and Expenses. Issuance of certificates for shares of
Common Stock upon the exercise of this Warrant shall be made without charge to
the Holder for any issue or transfer tax or other incidental expense in respect
of the issuance of such certificate, all of which taxes and expenses shall be
paid by the Company, and such certificates shall be issued in the name of the
Holder or in such name or names as may be directed by the Holder; provided,
however, that in the event certificates for shares of Common Stock are to be
issued in a name other than the name of the holder of this Warrant, this Warrant
when surrendered for exercise shall be accompanied by the Assignment Form
attached hereto duly executed by the Holder.

      6. Closing of Books. The Company will at no time close its shareholder
books or records in any manner that interferes with the timely exercise of this
Warrant.

      7. No Rights as Shareholder until Exercise. This Warrant does not entitle
the Holder to any voting rights or other rights as a shareholder of the Company
prior to the exercise thereof. If, however, at the time of the surrender of this
Warrant the Holder shall be entitled to exercise this Warrant, the Warrant
Shares so purchased shall be and be deemed to be issued to such Holder as the
record owner of such shares as of the close of business on the date on which the
Company shall have received the Exercise Price along with the Notice of Exercise
and Warrant being exercised, or in the event of a cashless exercise on the close
of business on the date on which the Company receives the original Warrant being
exercised along with the Notice of Exercise..

      8. Assignment and Transfer of Warrant. This Warrant may be assigned by the
surrender of this Warrant and the Assignment Form annexed hereto duly executed
at the office of the Company (or such other office or agency of the Company as
it may designate by notice in writing to the registered holder hereof at the
address of such holder appearing on the books of the Company); provided,
however, that this Warrant may not be resold except (i) in a transaction
registered under the Securities Act, or (ii) in a transaction pursuant to an
exemption, if available, from such registration and whereby, if requested by the
Company, an opinion of counsel reasonably satisfactory to the Company is
obtained by the holder of this Warrant to the effect that the transaction is so
exempt.

      9. Loss, Theft, Destruction or Mutilation of Warrant. The Company
represents and warrants that upon receipt by the Company of evidence reasonably
satisfactory to it of the loss, theft, destruction or mutilation of any Warrant
or stock certificate, and in case of loss, theft or destruction, of indemnity or
security reasonably satisfactory to it, and upon reimbursement to the Company of
all reasonable expenses incidental thereto, and upon surrender and cancellation
of such Warrant or stock certificate, if mutilated, the Company will make and
deliver a new Warrant or stock certificate of like tenor and dated as of such
cancellation, in lieu of this Warrant or stock certificate.
<PAGE>

      10. Saturdays, Sundays, Holidays, etc. If the last or appointed day for
the taking of any action or the expiration of any right required or granted
herein shall be a Saturday, Sunday or a legal holiday, then such action may be
taken or such right may be exercised on the next succeeding day not a legal
holiday.

      11. Adjustments. The Exercise Price shall be adjusted as provided below in
this Section (the Exercise Price, and the Exercise Price as thereafter then
adjusted, shall be included in the definition of Exercise Price) and the
Exercise Price from time to time shall be further adjusted as provided for below
in this Section. Upon each adjustment of the Exercise Price, the Holder shall
thereafter be entitled to receive upon exercise of this Warrant, at the Exercise
Price resulting from such adjustment, the number of shares of Common Stock
obtained by (a) multiplying the Exercise Price in effect immediately prior to
such adjustment by the number of shares of Common Stock purchasable hereunder
immediately prior to such adjustment and (b) dividing the product thereof by the
Exercise Price resulting from such adjustment. The Exercise Price shall be
adjusted as follows:

            (i) In the case of any amendment to the Company's Articles of
Incorporation to change the designation of the Common Stock or the rights,
privileges, restrictions or conditions in respect to the Common Stock or
division of the Common Stock, this Warrant shall be adjusted so as to provide
that upon exercise thereof, the Holder shall receive, in lieu of each share of
Common Stock theretofore issuable upon such exercise, the kind and amount of
shares, other securities, money and property receivable upon such designation,
change or division by the Holder issuable upon such exercise had the exercise
occurred immediately prior to such designation, change or division. This Warrant
shall be deemed thereafter to provide for adjustments that shall be as nearly
equivalent as may be practicable to the adjustments provided for in this
Section. The provisions of this Subsection (i) shall apply in the same manner to
successive reclassifications, changes, consolidations and mergers.

            (ii) If the Company shall at any time subdivide its outstanding
shares of Common Stock into a greater number of shares of Common Stock, or
declare a dividend or make any other distribution upon the Common Stock payable
in shares of Common Stock, the Exercise Price in effect immediately prior to
such subdivision or dividend or other distribution shall be proportionately
reduced, and conversely, in case the outstanding shares of Common Stock shall be
combined into a smaller number of shares of Common Stock, the Exercise Price in
effect immediately prior to such combination shall be proportionately increased.

            (iii) Whenever the number of Warrant Shares purchasable upon the
exercise of this Warrant is adjusted, as provided above, the Exercise Price
payable upon exercise of this Warrant shall be adjusted by multiplying such
Exercise Price immediately prior to such adjustment by a fraction, of which the
numerator shall be the number of Warrant Shares purchasable upon the exercise of
this Warrant immediately prior to such adjustment, and of which the denominator
shall be the number of Warrant Shares purchasable immediately thereafter.

<PAGE>

            (iv) In case the Company shall issue shares of Common Stock
("Additional Shares") or in case the Company shall issue rights, options or
warrants to purchase shares of Common Stock or securities convertible into or
exchangeable for Common Stock, in any case at a Price Per Share (as defined
below) which is lower than the closing price per share of Common Stock (as
reported by Bloomberg, L.P. ("Bloomberg"), as traded on The Nasdaq Stock Market,
the OTC Bulletin Board or any other national securities exchange on the date of
issuance of such Additional Shares, rights, options, warrants or other
convertible securities (the "Trigger Price"), the number of Warrant Shares
hereafter purchasable upon the exercise of this Warrant shall be determined by
multiplying the number of Warrant Shares theretofore purchasable upon exercise
of this Warrant by the following fraction:

            (A)(i) The number of shares of Common Stock outstanding immediately
      prior to the issuance of such Additional Shares or rights, options,
      warrants or convertible securities, plus (ii) the number of Additional
      Shares actually subscribed for and purchased and shares of Common Stock
      issuable upon conversion or exercise of such rights, options, warrants, or
      convertible securities, divided by

            (B)(i) The number of shares of Common Stock outstanding immediately
      prior to issuance of such Additional Shares or rights, options, warrants
      or convertible securities plus (ii) the number of shares of Common Stock
      which the aggregate Proceeds (as defined below) received by the Company
      upon the sale of such Additional Shares or exercise or conversion of such
      rights, options, warrants and convertible securities would purchase at the
      Trigger Price.

      Such adjustment shall be made whenever such Additional Shares or rights,
options, warrants or convertible securities are issued, and shall become
effective on the date of distribution retroactive to the record date for the
determination of stockholders entitled to receive such rights, options or
warrants.

            For purposes of this Section, "Price Per Share" shall be defined and
determined according to the following formula:

                   R
            P = ---------
                   N

            where

            P = Price Per Share,

            R = the "Proceeds" received or receivable by the Company which (i)
      in the case of shares of Common Stock is the total amount received or
      receivable by the Company in consideration for the sale and issuance of
      such shares; (ii) in the case of rights, options or warrants to subscribe
      for or purchase shares of Common Stock or of securities convertible into
      or exchangeable or exercisable for shares of Common Stock, is the total
      amount received or receivable by the Company in consideration for the sale
      and issuance of such rights, options, warrants or convertible or
      exchangeable or exercisable securities, plus
<PAGE>

      the minimum aggregate amount of additional consideration, other than the
      surrender of such convertible or exchangeable securities, payable to the
      Company upon exercise, conversion or exchange thereof; and (iii) in the
      case of rights, options or warrants to subscribe for or purchase
      convertible or exchangeable or exercisable securities, is the total amount
      received or receivable by the Company in consideration for the sale and
      issuance of such rights, options or warrants, plus the minimum aggregate
      amount of additional consideration other than the surrender of such
      convertible or exchangeable securities, payable upon the exercise,
      conversion or exchange of such rights, options or warrants and upon the
      conversion or exchange or exercise of the convertible or exchangeable or
      exercisable securities; provided that in each case the proceeds received
      or receivable by the Company shall be deemed to be the gross cash proceeds
      without deducting therefrom any compensation paid or discount allowed in
      the sale, underwriting or purchase thereof by underwriters or dealers or
      other performing similar services or any expenses incurred in connection
      therewith,

            and

            N = the "Number of Shares," which (i) in the case of Common Stock is
      the number of shares issued; (ii) in the case of rights, options or
      warrants to subscribe for or purchase shares of Common Stock or of
      securities convertible into or exchangeable or exercisable for shares of
      Common Stock, is the maximum number of shares of Common Stock initially
      issuable upon exercise, conversion or exchange thereof; and (iii) in the
      case of rights, options or warrants to subscribe for or purchase
      convertible or exchangeable or exercisable securities, is the maximum
      number of shares of Common Stock initially issuable upon conversion,
      exchange or exercise of the convertible, exchangeable or exercisable
      securities issuable upon the exercise of such rights, options or warrants.

            If the Company shall issue shares of Common Stock or rights,
options, warrants or convertible or exchangeable or exercisable securities for a
consideration consisting, in whole or in part, of property other than cash, the
amount of such consideration shall be determined in good faith by the Board of
Directors of the Company whose determination shall be conclusive and binding
upon the Holder(s) of this Warrant.

            (v) No adjustment in the number of Warrant Shares purchasable
hereunder shall be required unless such adjustment would result in an increase
or decrease of at least one percent (1%) of the Exercise Price; provided that
any adjustments which by reason of this paragraph (e) are not required to be
made shall be carried forward and taken into account in any subsequent
adjustment. All calculations shall be made to the nearest cent or to the nearest
one-thousandth of a share, as the case may be.

            (vi) No adjustment in the number of Warrant Shares purchasable upon
the exercise of this Warrant need be made under paragraph (iii) or (iv) if the
Company issues or distributes to the holder of this Warrant the shares, rights,
options, warrants or convertible or exchangeable securities, or evidences of
indebtedness or assets referred to in those paragraphs which the holder of this
Warrant would have been entitled to receive had this Warrant been exercised
prior to the happening of such event or the record date with respect thereto. In
no event shall the Company be required or obligated to make any such
distribution otherwise than in its sole discretion. No adjustment in the number
of Warrant shares purchasable upon the

<PAGE>

exercise of this Warrant need be made for sales of Common Stock pursuant to a
Company plan for reinvestment of dividends or interest. No adjustment need be
made for a change in the par value of the Common Stock.

            (vii) In the event that at any time, as a result of an adjustment
made pursuant to paragraph (i) above, the holder of this Warrant shall become
entitled to purchase any securities of the Company other than shares of Common
Stock, thereafter the number of such other shares so purchasable upon exercise
of this Warrant and the Exercise Price of such shares shall be subject to
adjustment from time to time in a manner and on terms as nearly equivalent as
practicable to the provisions with respect to the Warrant Shares contained in
paragraphs (i) through (iii), inclusive, above.

            (viii) If any capital reorganization or reclassification of the
capital stock of the Company, or any consolidation or merger of the Company with
or into another corporation or other entity, or the sale of all or substantially
all of the Company's assets to another corporation or other entity shall be
effected in such a way that holders of shares of Common Stock shall be entitled
to receive stock, securities, other evidence of equity ownership or assets with
respect to or in exchange for shares of Common Stock, then, as a condition of
such reorganization, reclassification, consolidation, merger or sale (except as
otherwise provided below in this Section) lawful and adequate provisions shall
be made whereby the Holder shall thereafter have the right to receive upon the
exercise hereof upon the basis and upon the terms and conditions specified
herein, such shares of stock, securities, other evidence of equity ownership or
assets as may be issued or payable with respect to or in exchange for a number
of outstanding shares of such Common Stock equal to the number of shares of
Common Stock immediately theretofore purchasable and receivable upon the
exercise of this Warrant under this Section had such reorganization,
reclassification, consolidation, merger or sale not taken place, and in any such
case appropriate provisions shall be made with respect to the rights and
interests of the Holder to the end that the provisions hereof (including,
without limitation, provisions for adjustments of the Exercise Price and of the
number of shares of Common Stock receivable upon the exercise of this Warrant)
shall thereafter be applicable, as nearly as may be, in relation to any shares
of stock, securities, other evidence of equity ownership or assets thereafter
deliverable upon the exercise hereof including an immediate adjustment, by
reason of such consolidation or merger, of the Exercise Price to the value for
the Common Stock reflected, by the terms of such consolidation or merger if the
value so reflected is less than the Exercise Price in effect immediately prior
to such consolidation or merger. Subject to the terms of this Warrant, in the
event of a merger or consolidation of the Company with or into another
corporation or other entity as a result of which the number of shares of common
stock of the surviving corporation or other entity issuable to investors of
Common Stock, is greater or lesser than the number of shares of Common Stock
outstanding immediately prior to such merger or consolidation, then the Exercise
Price in effect immediately prior to such merger or consolidation shall be
adjusted in the same manner as though there were a subdivision or combination of
the outstanding shares of Common Stock. The Company shall not effect any such
consolidation, merger or sale, unless, prior to the consummation thereof, the
successor corporation (if other than the Company) resulting from such
consolidation or merger or the corporation purchasing such assets shall assume
by written instrument executed and mailed or delivered to the Holder, the
obligation to deliver to the Holder such shares of stock, securities, other
evidence of equity ownership or assets as, in accordance with the foregoing
provisions, the Holder may be entitled to receive or

<PAGE>

otherwise acquire. If a purchase, tender or exchange offer is made to and
accepted by the holders of more than fifty (50%) percent of the outstanding
shares of Common Stock, the Company shall not effect any consolidation, merger
or sale with the person having made such offer or with any affiliate of such
person, unless prior to the consummation of such consolidation, merger or sale
the Holder shall have been given a reasonable opportunity to then elect to
receive upon the exercise of this Warrant the amount of stock, securities, other
evidence of equity ownership or assets then issuable with respect to the number
of shares of Common Stock in accordance with such offer.

            (ix) In case the Company shall, at any time prior to exercise of
this Warrant, consolidate or merge with any other corporation or other entity
(where the Company is not the surviving entity) or transfer all or substantially
all of its assets to any other corporation or other entity, then the Company
shall, as a condition precedent to such transaction, cause effective provision
to be made so that the Holder upon the exercise of this Warrant after the
effective date of such transaction shall be entitled to receive the kind and,
amount of shares, evidences of indebtedness and/or other securities or property
receivable on such transaction by the Holder of the number of shares of Common
Stock as to which this Warrant was exercisable immediately prior to such
transaction (without giving effect to any restriction upon such exercise); and,
in any such case, appropriate provision shall be made with respect to the rights
and interest of the Holder to the end that the provisions of this Warrant shall
thereafter be applicable (as nearly as may be practicable) with respect to any
shares, evidences of indebtedness or other securities or assets thereafter
deliverable upon exercise of this Warrant. Upon the occurrence of any event
described in this Subsection (v), the Holder shall have the right to (i)
exercise this Warrant immediately prior to such event at an Exercise Price equal
to lesser of (1) the then Exercise Price or (2) the price per share of Common
Stock paid in such event, or (ii) retain ownership of this Warrant, in which
event, appropriate provisions shall be made so that the Warrant shall be
exercisable at the Holder's option into shares of stock, securities or other
equity ownership of the surviving or acquiring entity.

      12. Notice of Adjustment. Whenever the number of Warrant Shares or number
or kind of securities or other property purchasable upon the exercise of this
Warrant or the Exercise Price is adjusted, as herein provided, the Company shall
promptly mail by registered or certified mail, return receipt requested, to the
Holder a certificate signed by its President or Vice President and by its
Treasurer, or Secretary, setting forth, in reasonable detail, the event
requiring the adjustment, the computation by which such adjustment was made, the
method by which such adjustment was calculated (including a description of the
basis on which the Board of Directors of the Company made any determination
hereunder), and the Exercise Price after giving effect to such adjustment, and
shall cause copies of such certificates to be mailed (by first-class mail,
postage prepaid) to the Holder. The Company shall make such certificate and mail
it to the Holder immediately after each adjustment.

      13. Authorized Shares. The Company covenants that during the period the
Warrant is outstanding, it will reserve from its authorized and unissued Common
Stock a sufficient number of shares to provide for the issuance of Common Stock
upon the exercise of any purchase rights under this Warrant. The Company further
covenants that its issuance of this Warrant shall

<PAGE>

constitute full authority to its officers who are charged with the duty of
executing stock certificates to execute and issue the necessary certificates for
shares of the Company's Common Stock upon the exercise of the purchase rights
under this Warrant. The Company will take all such action as may be necessary to
assure that such shares of Common Stock may be issued as provided herein without
violation of any applicable law or regulation, or of any requirements of the
domestic securities exchange or market upon which the Common Stock may be
listed.

      14. 4.99% Limitation. The number of shares of Common Stock which may be
acquired by the Holder pursuant to the terms herein shall not exceed the number
of such shares which, when aggregated with all other shares of Common Stock then
owned by the Holder, would result in the Holder owning more than 4.99% of the
then issued and outstanding Common Stock at any one time. The preceding shall
not interfere with the Holder's right to exercise this Warrant over time which
in the aggregate totals more than 4.99% of the then outstanding shares of Common
Stock so long as the Holder does not own more than 4.99% of the then outstanding
Common Stock at any given time.

      15. Miscellaneous.

            (a) Issue Date; Choice of Law; Venue; Jurisdiction. The provisions
of this Warrant shall be construed and shall be given effect in all respects as
if it had been issued and delivered by the Company on the date hereof. This
Warrant shall be binding upon any successors or assigns of the Company. This
Warrant will be construed and enforced in accordance with and governed
exclusively by the laws of the State of New York, except for matters arising
under the Securities Act, without reference to principles of conflicts of law.
The parties consent to the exclusive jurisdiction of the U.S. District Court
sitting in the Southern District of the State of New York in connection with any
dispute arising under this Warrant and hereby waives, to the maximum extent
permitted by law, any objection, including any objection based on forum non
conveniens, to the bringing of any such proceeding in such jurisdictions. Each
party hereby agrees that if the other party to this Warrant obtains a judgment
against it in such a proceeding, the party which obtained such judgment may
enforce same by summary judgment in the courts of any country having
jurisdiction over the party against whom such judgment was obtained, and each
party hereby waives any defenses available to it under local law and agrees to
the enforcement of such a judgment. Each party to this Warrant irrevocably
consents to the service of process in any such proceeding by the mailing of
copies thereof by registered or certified mail, postage prepaid, to such party
at its address set forth herein. Nothing herein shall affect the right of any
party to serve process in any other manner permitted by law. Each party waives
its right to a trial by jury.

            (b) Restrictions. The Holder acknowledges that the Warrant Shares
acquired upon the exercise of this Warrant, if not registered (or if no
exemption from registration exists), will have restrictions upon resale imposed
by state and federal securities laws. Each certificate representing the Warrant
Shares issued to the Holder upon exercise (if not registered or if no exemption
from registration exists) will bear the following legend:
<PAGE>

            "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
      REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES
      ACT") OR APPLICABLE STATE SECURITIES LAWS, AND, ACCORDINGLY, MAY NOT BE
      OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT FOR
      SUCH SECURITIES UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES
      LAWS OR PURSUANT TO AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE
      COMPANY THAT THERE IS AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT
      SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT."

            (c) Modification and Waiver. This Warrant and any provisions hereof
may be changed, waived, discharged or terminated only by an instrument in
writing signed by the party against which enforcement of the same is sought.

            (d) Notices. All notices, demands, requests, consents, approvals,
and other communications required or permitted hereunder shall be in writing
and, unless otherwise specified herein, shall be (i) personally served, (ii)
deposited in the mail, registered or certified, return receipt requested,
postage prepaid, (iii) delivered by reputable air courier service with charges
prepaid, or (iv) transmitted by hand delivery, telegram, or facsimile, addressed
as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or
permitted to be given hereunder shall be deemed effective (a) upon hand delivery
or delivery by facsimile, with accurate confirmation generated by the
transmitting facsimile machine, at the address or number designated below (if
delivered on a Business Day between the hours of 9:00 a.m. and 5:00 p.m. where
such notice is to be received), or the first Business Day following such
delivery (if delivered other than on a Business Day between the hours of 9:00
a.m. and 5:00 p.m. where such notice is to be received), (b) on the second
Business Day following the date of mailing by reputable courier service, fully
prepaid, addressed to such address, or upon actual receipt of such mailing,
whichever shall first occur, or (c) five calendar days after sent by regular
mail.

            16. The Company shall have the right to redeem the purchase rights
granted under this Warrant then existing, in whole or in part, in cash at the
Redemption Price (as defined below) at any time thereafter by providing written
notice (the "Redemption Notice") to the Holder. The Company shall wire transfer
the appropriate amount of funds to the Holder to complete the redemption, which
shall be (if the Redemption Notice is received via facsimile by the Holder prior
to the first anniversary of the date of this Warrant) no later than the tenth
Business Day after the Holder has received the Redemption Notice via facsimile
(the "Redemption Date") and if the Redemption Notice is received via facsimile
by the Holder after the first anniversary of the date of this Warrant, than no
later than the third Business Day after the Holder has received the Redemption
Notice via facsimile (also referred to as a Redemption Date). Upon facsimile
receipt of the Redemption Notice, the Holder's right to exercise this Warrant
shall terminate and be canceled immediately; provided, however, that the right
to exercise this Warrant shall immediately be reinstated if the Company fails to
comply with the redemption provisions hereof. In the event the Company fails to
wire the appropriate amount of funds to the Holders as set forth in the
Redemption Notice on or before the Redemption Date, or shall otherwise fail to

<PAGE>

comply with the redemption provisions set forth herein on three separate
occasions, then the Company shall have waived its right to redeem any portion of
the purchase rights under this Warrant at any time thereafter.

            The Redemption Notice shall set forth (i) the Redemption Date, (ii)
the Redemption Price, as defined below, and (iii) the number of purchase rights
of Warrant Shares being redeemed. The Redemption Notice shall be delivered by
facsimile to the Holder at its address as the same shall appear on the books of
the Company. The Redemption Price shall be equal to $0.25 per purchase right of
a Warrant Share being redeemed.

            At the close of business on the Redemption Date, subject to the
Holder's receipt of the applicable Redemption Price, the portion of this Warrant
being redeemed shall be automatically canceled and converted into a right to
receive the Redemption Price, and all rights of this Warrant, including the
right to exercise shall cease without further action. Immediately following the
Redemption Date (assuming full compliance by the Company with the redemption
provisions set forth herein), the Holder shall surrender its original Warrant at
the office of the Company, and the Company shall issue to the Holder a new
Warrant certificate for that number of Warrant Shares purchasable hereunder, if
any.

      The Redemption Price shall be adjusted proportionally upon any adjustment
of the Exercise Price as set forth above.

      The Company shall not be entitled to send any Redemption Notice and begin
the redemption procedure hereunder unless it has:

            (i) the full amount of the Redemption Price in cash, available in a
      demand or other immediately available account in a bank or similar
      financial institution;

            (ii) immediately available credit facilities, in the full amount of
      the Redemption Price with a bank or similar financial institution; or

            (iii) a combination of the items set forth in (a) and (b) above,
      aggregating the full amount of the Redemption Price.

      17. The aggregate number of Warrant Share which may be acquired by the
Holder upon conversion of all of Notes and upon exercise of all of the Warrants,
shall not equal or exceed nineteen and nine tenths (19.9%) percent of the
aggregate number of issued and outstanding shares of Common Stock, Class B
Common Stock or other Securities of the Company having voting power as at the
Closing Date (the "Maximum Underlying Shares"). Until such time as the Notes and
Warrants issued under this Agreement shall have been either converted or
redeemed pursuant, and the Warrants shall have either been exercised or shall
have expired, the Investor(s) may not convert his or its Note and/or exercise
his or its Warrant into an aggregate number of Underlying Shares and Warrant
Shares which shall exceed the product of multiplying (a) a fraction, the
numerator of which shall be the original principal amount of this Note and the
denominator of which shall be $13,540,626, by (b) the aggregate number of
Maximum Underlying Shares. In lieu of such issuance(s) the Company shall pay to
the Investor(s) the cash value of such shares of Common Stock due to the
Holder(s) within five
<PAGE>

Business Days of when such issuance is due based upon the
Bid Price of the Common Stock on the Trading Date of when due (or such next
Trading Day if such day is not a Trading Day).

<PAGE>

            IN WITNESS WHEREOF, the Company has caused this Warrant to be
executed by its officer thereunto duly authorized.

Dated: December  , 1999

                                        Interiors, Inc.

                                        By: /s/ Max Munn
                                           -------------------------------------
                                           Name:  Max Munn
                                           Title: President

<PAGE>

                               NOTICE OF EXERCISE

To: Interiors, Inc.

(1) The undersigned hereby elects to purchase ________ shares of Common Stock of
Interiors, Inc. pursuant to the terms of the attached Warrant, and tenders
herewith payment of the purchase price in full, together with all applicable
transfer taxes, if any.

(2) The undersigned chooses to utilize the cashless exercise feature of this
Warrant and pursuant to the terms of the Warrant is entitled to receive _____
Warrant Shares upon the cashless exercise of _____ Warrant Shares.

(3) Upon exercise pursuant to this Notice of Exercise, the undersigned will not
own 4.99% or more of the then issued and outstanding shares of Common Stock of
the Company.

(4) Please issue a certificate or certificates representing said shares of
Common Stock in the name of the undersigned or in such other name as are
specified below:

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

                  -------------------------------
                  (Address)

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

Dated:

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

<PAGE>

                                ASSIGNMENT FORM

             (To assign the foregoing warrant, execute this form and
                          supply required information.
                 Do not use this form to exercise the warrant.)

            FOR VALUE RECEIVED, the foregoing Warrant and all rights evidenced
thereby are hereby assigned to

___________________________________________________________ whose address is

-----------------------------------------------------------------------.

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

                                          Dated:  _______________________,

                  Holder's Signature:     _______________________________

                  Holder's Address: _____________________________________

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

Signature Guaranteed:  ___________________________________________

NOTE: The signature to this Assignment Form must correspond with the name as it
appears on the face of the Warrant, without alteration or enlargement or any
change whatsoever, and must be guaranteed by a bank or trust company. Officers
of corporations and those acting in an fiduciary or other representative
capacity should file proper evidence of authority to assign the foregoing
Warrant.REGISTRATION RIGHTS AGREEMENT

            THIS REGISTRATION RIGHTS AGREEMENT, dated as of the 30th day of
September 1999, between Limeridge LLC (referred to as the "Holder") and
Interiors, Inc. a corporation incorporated under the laws of the State of
Delaware (the "Company").

            WHEREAS, pursuant to the Secured Convertible Note Purchase Agreement
dated as of September 30, 1999 (the "Purchase Agreement") and the Exchange
Agreement (annexed as an Exhibit to the Purchase Agreement), the Holder will be
purchasing Notes and Warrants (hereinafter collectively referred to as the
"Securities" of the Company) of the Company at the Purchase Prices as set forth
in the Purchase Agreement; All capitalized terms not hereinafter defined shall
have that meaning assigned to them in the Purchase Agreement; and

            WHEREAS, the Company desires to grant to the Holder the registration
rights set forth herein with respect to the Securities set forth in the Purchase
Agreement.

            NOW, THEREFORE, the parties hereto mutually agree as follows:

            Section 1. Registrable Securities. As used herein the term
"Registrable Security" shall mean the Additional Shares, Warrant Shares, and
Underlying Shares (for that portion of the Note that remains outstanding when
the Company's obligation to file a Registration Statement arises as set forth in
Section 3 below): (i) in respect of which a registration statement (covering
these securities) has not been declared effective by the SEC, (ii) which have
not been sold under circumstances under which all of the applicable conditions
of Rule 144 (or any similar provision then in force) under the Securities Act
("Rule 144") are met, (iii) which have not been otherwise transferred to holders
who may trade such shares without restriction under the Securities Act, or (iv)
the sales of which, in the opinion of counsel to the Company, are subject to any
time, volume or manner limitations pursuant to Rule 144(k) (or any similar
provision then in effect) under the Securities Act. The term "Registrable
Securities" means any and/or all of the securities falling within the foregoing
definition of a Registrable Security. In the event of any merger,
reorganization, consolidation, recapitalization or other change in corporate
structure affecting the Common Stock, such adjustment shall be made in the
definition of Registrable Security as is appropriate in order to prevent any
dilution or enlargement of the rights granted pursuant to this Section.

            Section 2. Restrictions on Transfer. The Holder acknowledges and
understands that prior to the registration of the Registrable Securities as
provided herein and prior to an exemption to registration being available, the
Registrable Securities are "restricted securities" as defined in Rule 144
promulgated under the Securities Act. The Holder understands that no disposition
or transfer of the Registrable Securities may be made by the Holder in the
absence of (i) an opinion of counsel to the Company (which shall not
unreasonably be withheld and/or delayed) that such transfer may be made without
registration under the Securities Act and state law, or (ii) such registration.

<PAGE>

            Section 3. Registration Rights.

                  (a) The Company agrees, that in the event that all of the
principal amount of the Notes has not been redeemed (as per the terms of the
Notes) on or before May 30, 2000 (and in the event all of the principal amount
of the Notes has been redeemed on or before May 30, 2000, the Company shall
prepare such registration statement set forth below and include all Warrant
Shares issuable upon exercise of the Warrants issued pursuant to the Exchange
Agreement), it will prepare and file with the Securities and Exchange Commission
("SEC"), on or before June 30, 2000, a registration statement (on Form S-3)
under the Securities Act (the "Registration Statement"), at the sole expense of
the Company (except as provided in Section 3(c) hereof), in respect of the
Holder for resales under the Securities Act of the Registrable Securities. The
Company shall use its best efforts to cause the Registration Statement to become
effective on or before September 30, 2000. The number of shares of Common Stock
designated in the Registration Statement to be registered shall be one hundred
fifty (150%) percent of the number of shares of Common Stock that would be
required if the then outstanding principal amount of the Notes and Warrants were
converted and exercised on the Trading Day immediately preceding the date the
Registration Statement was filed.

                  (b) The Company will maintain the effectiveness of any
Registration Statement or post-effective amendment filed under this Section 3
hereof under the Securities Act until the earlier of (i) the date that all of
the Registrable Securities have been sold pursuant to a Registration Statement,
(ii) the date the holders thereof receive an opinion of counsel that all of the
Registrable Securities may be sold (without volume limitation) under the
provisions of Rule 144 or (iii) five and one half years after the filing of such
Registration Statement.

                  (c) All fees, disbursements, out-of-pocket expenses and costs
incurred by the Company in connection with the preparation and filing of the
Registration Statement and in complying with applicable securities and blue sky
laws (including, without limitation, all attorneys' fees) shall be borne by the
Company. The Holder shall bear the cost, pro rata, of underwriting discounts and
commissions, if any, applicable to the Registrable Securities being registered
and the fees and expenses of their counsel. The Company shall qualify any of the
Registrable Securities for sale in such states as the Holder reasonably
designates and shall furnish indemnification in the manner provided in Section 8
hereof. However, the Company shall not be required to qualify in any state that
will require an escrow or other restriction relating to the Company and/or the
sellers. The Company at its expense will supply the Holder with copies of the
Registration Statement and the prospectus or offering circular included therein
and other related documents in such quantities as may be reasonably requested by
the Holder.

                  (e) Unless otherwise agreed to in writing by the Holder, the
Company shall only be permitted to include the Registrable Securities in the
Registration Statement. The Company represents that as of the date hereof it is
not obligated to file a registration statement on behalf of any other Person
and/or entity not a party to this Agreement.

                  (f) In the event the Registration Statement to be filed by the
Company pursuant to Section 3(a) above has not been filed by the Company in a
timely manner as provided above, or declared effective by the SEC on or before
the September 30, 2000, then the

<PAGE>

Company will pay to the Holder, as liquidated damages for such failure and not
as a penalty, two (2%) percent of the principal amount of the then outstanding
Notes for each 30 calendar day period thereafter (pro rated on a daily basis),
until the Registration Statement has been filed and/or declared effective.
Notwithstanding the foregoing the Company shall not be obligated for liquidated
damages if not filed in a timely manner if the Registration Statement has been
declared effective on or before September 30, 2000. Such payment of the
liquidated damages shall be made to the Holder in cash, immediately upon written
demand, provided, however, that the payment of such liquidated damages shall not
relieve the Company from its obligations to register the Securities pursuant to
this Section and registration shall not relieve the Company from any obligation
to pay liquidated damages. The Holder's rights to liquidated damages as set
forth herein shall not interfere with the Holder's right to call the Notes due
and payable immediately as per the terms of the Note for the failure of the
Company to timely file the Registration Statement, or the failure of the
Registration Statement to be declared effective by the SEC in a timely manner as
provided herein.

                  (g) If the Company does not remit the damages to the Holder as
set forth above, the Company will pay the Holder's reasonable costs of
collection, including reasonable attorney's fees, in addition to the liquidated
damages. The registration of the Securities pursuant to this provision shall not
affect or limit the Holders other rights or remedies as set forth in this
Agreement.

                  (h) The Company agrees that within five calendar days after
being notified by the SEC that the Registration Statement has been cleared to go
effective, the Company it will declare Registration Statement effective. The
Company agrees that it shall forward to the Investor a copy of any and all SEC
comments it may receive pertaining to the Registration Statement. The Company
also agrees that it shall respond in writing to any questions and/or comments
from the SEC that relate to the Registration Statement within ten calendar days
of receipt of such question or comment.

                  (i) In the event the number of shares of Common Stock included
in the Registration Statement shall be insufficient to cover the number of
Registrable Securities due to the Holder under the terms of the Purchase
Agreement and/or the Notes and Warrants, the Company agrees that it shall file
either a new Registration Statement including such additional shares or amend
the then existing Registration Statement. The Company agrees that in such event
it will file with the SEC either an amendment to the then existing Registration
Statement or a new Registration Statement within 30 calendar days of when
required hereunder, and use its best efforts to cause either the amendment or
such Registration Statement to become effective within 90 calendar days from
when required to file such Registration Statement pursuant to the terms herein.
If such amendment or new Registration Statement is not filed and/or declared
effective in a timely manner as set forth herein, the Company shall be subject
to liquidated damages as pursuant to the provisions of Section 3(e).

            Section 4. Cooperation with Company. The Holder will cooperate with
the Company in all respects in connection with this Agreement, including timely
supplying all information reasonably requested by the Company and executing and
returning all documents reasonably requested in connection with the registration
and sale of the Registrable Securities.

<PAGE>

            Section 5. Registration Procedures. If and whenever the Company is
required by any of the provisions of this Agreement to effect the registration
of any of the Registrable Securities under the Securities Act, the Company shall
(except as otherwise provided in this Agreement), as expeditiously as possible:

                  (a) prepare and file with the SEC such amendments and
supplements to the Registration Statement and the prospectus used in connection
therewith as may be necessary to keep such registration statement effective and
to comply with the provisions of the Securities Act with respect to the sale or
other disposition of all securities covered by such registration statement
whenever the Holder of such securities shall desire to sell or otherwise dispose
of the same (including prospectus supplements with respect to the sales of
securities from time to time in connection with a registration statement
pursuant to Rule 415 promulgated under the Securities Act);

                  (b) furnish to the Holder copies of the Registration Statement
(and any amendments thereto), a summary prospectus or other prospectus,
including a preliminary prospectus or any amendment or supplement to any
prospectus, in conformity with the requirements of the Securities Act, and shall
also furnish such other documents as the Holder may reasonably request in order
to facilitate the public sale or other disposition of the Securities owned by
the Holder;

                  (c) register and qualify the Registrable securities covered by
the Registration Statement under such other securities or blue sky laws of such
jurisdictions as the Holder shall reasonably request, and do any and all other
acts and things which may be necessary or advisable to enable the Holder to
consummate the public sale or other disposition in such jurisdiction of the
securities owned by the Holder, except that the Company shall not for any such
purpose be required to qualify to do business as a foreign corporation in any
jurisdiction wherein it is not so qualified, or to file therein any general
consent to service of process, or to qualify any of the securities for sale in
any state which will require an escrow or other restriction relating to the
Company and/or sellers;

                  (d) list such securities on the Nasdaq Small Cap Market or
other national securities exchange on which any securities of the Company are
then listed, if the listing of such securities is then permitted under the rules
of such exchange or market;

                  (e) notify the Holder of Registrable Securities covered by the
Registration Statement, at any time when a prospectus relating thereto covered
by the Registration Statement is required to be delivered under the Securities
Act, of the happening of any event of which the executive officers of the
Company have knowledge, 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 the light of the
circumstances then existing.

            Section 6. Indemnification.

<PAGE>

            (a) The Company agrees to indemnify and hold harmless the Holder,
and each officer, director or person, if any, who controls the Holder within the
meaning of the Securities Act ("Distributing Holder") against any losses,
claims, damages or liabilities, joint or several (which shall, for all purposes
of this Agreement, include, but not be limited to, all costs of defense and
investigation and all reasonable attorneys' fees), to which the Distributing
Holder may become subject, under the Securities Act or otherwise, insofar as
such losses, claims, damages or liabilities (or actions in respect thereof)
arise out of or are based upon any untrue statement or alleged untrue statement
of any material fact contained in the Registration Statement, or any related
preliminary prospectus, final prospectus, offering circular, notification or
amendment or supplement thereto, or arise out of or are based upon the omission
or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein not misleading; provided,
however, that the Company (i) will not be liable in any such case to the extent
that any such loss, claim, damage or liability arises out of or is based upon an
untrue statement or alleged untrue statement or omission or alleged omission
made in the Registration Statement, preliminary prospectus, final prospectus,
offering circular, notification or amendment or supplement thereto in reliance
upon, and in conformity with, written information furnished to the Company by
the Distributing Holder, specifically for use in the preparation thereof, or
(ii) cannot pay any amounts paid in settlement of any loss, claim, damage or
liability if such settlement is effected without the consent of the Company,
which consent shall not be unreasonably withheld. This Section 6(a) shall not
inure to the benefit of any Distributing Holder with respect to any person
asserting such loss, claim, damage or liability who purchased the Registrable
Securities which are the subject thereof if the Distributing Holder failed to
send or give (in violation of the Securities Act or the rules and regulations
promulgated thereunder) a copy of the prospectus contained in such Registration
Statement to such person at or prior to the written confirmation of such person
of the sale of such Registrable Securities, where the Distributing Holder was
obligated to do so under the Securities Act or the rules and regulations
promulgated thereunder. This indemnity provision will be in addition to any
liability that the Company may otherwise have.

            (b) Each Distributing Holder agrees that it will indemnify and hold
harmless the Company, each officer, director, or person, if any, who controls
the Company within the meaning of the Securities Act (each a "Company
Indemnitee"), and each other Distributing Holder, against any losses, claims,
damages or liabilities, joint or several (which shall, for all purposes of this
Agreement, include, but not be limited to, all costs of defense and
investigation and all reasonable attorneys' fees) to which any Company
Indemnitee or other Distributing Holder may become subject under the Securities
Act or otherwise, insofar as such losses claims, damages or liabilities (or
actions in respect thereof) arise out of or are based upon any untrue statement
or alleged untrue statement of any material fact contained in the Registration
Statement, or any related preliminary prospectus, final prospectus, offering
circular, notification or amendment or supplement thereto, or arise out of or
are based upon the omission or the alleged omission to state therein a material
fact required to be stated therein or necessary to make the statements therein
not misleading, but in each case only to the extent that such untrue statement
or alleged untrue statement or omission or alleged omission was made in the
Registration Statement, preliminary prospectus, final prospectus, offering
circular, notification or amendment or supplement thereto in reliance upon, and
in conformity with, written information

<PAGE>

furnished to the Company by such Distributing Holder, specifically for use in
the preparation thereof. This indemnity provision will be in addition to any
liability that the Distributing Holder may otherwise have.

                  (c) Promptly after receipt by an indemnified party under this
Section 6 of notice of the commencement of any action, such indemnified party
will, if a claim in respect thereof is to be made against the indemnifying party
under this Section 6, notify the indemnifying party of the commencement thereof;
but the omission so to notify the indemnifying party will not relieve the
indemnifying party from any liability which it may have to any indemnified party
otherwise than as to the particular item as to which indemnification is then
being sought solely pursuant to this Section 6. In case any such action is
brought against any indemnified party, and it notifies the indemnifying party of
the commencement thereof, the indemnifying party will be entitled to participate
in, and, to the extent that it may wish, jointly with any other indemnifying
party similarly notified, assume the defense thereof, subject to the provisions
herein stated and after notice from the indemnifying party to such indemnified
party of its election so to assume the defense thereof, the indemnifying party
will not be liable to such indemnified party under this Section 6 for any legal
or other expenses subsequently incurred by such indemnified party in connection
with the defense thereof other than reasonable costs of investigation, unless
the indemnifying party shall not pursue the action to its final conclusion. The
indemnified party shall have the right to employ separate counsel in any such
action and to participate in the defense thereof, but the fees and expenses of
such counsel shall not be at the expense of the indemnifying party if the
indemnifying party has assumed the defense of the action with counsel reasonably
satisfactory to the indemnified party; provided that if the indemnified party is
the Distributing Holder, the fees and expenses of such counsel shall be at the
expense of the indemnifying party if (i) the employment of such counsel has been
specifically authorized in writing by the indemnifying party, or (ii) the named
parties to any such action (including any impleaded parties) include both the
Distributing Holder and the indemnifying party and the Distributing Holder shall
have been advised by such counsel that there may be one or more legal defenses
available to the indemnifying party different from or in conflict with any legal
defenses which may be available to the Distributing Holder (in which case the
indemnifying party shall not have the right to assume the defense of such action
on behalf of the Distributing Holder, it being understood, however, that the
indemnifying party shall, in connection with any one such action or separate but
substantially similar or related actions in the same jurisdiction arising out of
the same general allegations or circumstances, be liable only for the reasonable
fees and expenses of one separate firm of attorneys for the Distributing Holder,
which firm shall be designated in writing by the Distributing Holder). No
settlement of any action against an indemnified party shall be made without the
prior written consent of the indemnified party, which consent shall not be
unreasonably withheld.

            Section 7.Contribution. In order to provide for just and equitable
contribution under the Securities Act in any case in which (i) the indemnified
party makes a claim for indemnification pursuant to Section 6 hereof but is
judicially determined (by the entry of a final judgment or decree by a court of
competent jurisdiction and the expiration of time to appeal or the denial of the
last right of appeal) that such indemnification may not be enforced in such case
notwithstanding the fact that the express provisions of Section 6 hereof provide
for indemnification in such case, or (ii) contribution under the Securities Act
may be required on the

<PAGE>

part of any indemnified party, then the Company and the applicable Distributing
Holder shall contribute to the aggregate losses, claims, damages or liabilities
to which they may be subject (which shall, for all purposes of this Agreement,
include, but not be limited to, all costs of defense and investigation and all
attorneys' fees), in either such case (after contribution from others) on the
basis of relative fault as well as any other relevant equitable considerations.
The relative fault shall be determined by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact or the
omission or alleged omission to state a material fact relates to information
supplied by the Company on the one hand or the applicable Distributing Holder on
the other hand, and the parties' relative intent, knowledge, access to
information and opportunity to correct or prevent such statement or omission.
The Company and the Distributing Holder agree that it would not be just and
equitable if contribution pursuant to this Section 7 were determined by pro rata
allocation or by any other method of allocation which does not take account of
the equitable considerations referred to in this Section 7. The amount paid or
payable by an indemnified party as a result of the losses, claims, damages or
liabilities (or actions in respect thereof) referred to above in this Section 7
shall be deemed to include any legal or other expenses reasonably incurred by
such indemnified party in connection with investigating or defending any such
action or claim. No person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent
misrepresentation.

            Section 8.Notices. All notices, demands, requests, consents,
approvals, and other communications required or permitted hereunder shall be in
writing and, unless otherwise specified herein, shall be (i) personally served,
(ii) deposited in the mail, registered or certified, return receipt requested,
postage prepaid, (iii) delivered by reputable air courier service with charges
prepaid, or (iv) transmitted by hand delivery, telegram, or facsimile, addressed
as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or
permitted to be given hereunder shall be deemed effective (a) upon hand delivery
or delivery by facsimile, with accurate confirmation generated by the
transmitting facsimile machine, at the address or number designated below (if
delivered on a Business Day between the hours of 9:00 a.m. and 5:00 p.m. where
such notice is to be received), or the first Business Day following such
delivery (if delivered other than on a Business Day between the hours of 9:00
a.m. and 5:00 p.m. where such notice is to be received), (b) on the second
Business Day following the date of mailing by reputable courier service, fully
prepaid, addressed to such address, or upon actual receipt of such mailing,
whichever shall first occur, or (c) five calendar days after sent by regular
mail. The addresses for such communications shall be:

            If to the Company:

                    Interiors, Inc.
                    320 Washington Street
                    Mount Vernon, New York 10553
                    Telephone:  (914) 665-5400
                    Facsimile: (914) 665-5469
                    Attention: President

<PAGE>

            If to the Holder:

                    Limeridge LLC
                    c/o Citco Trustees Cayman Limited
                    Corporate Centre
                    PO Box 31106SMB
                    Grand Cayman, Cayman Islands
                    British West Indies
                    Attention: Sabrina Hew
                    Facsimile: 345 945-7566
                    Telephone: 345 949-3977

            Either party hereto may from time to time change its address or
facsimile number for notices under this Section 8 by giving at least ten
calendar days' prior written notice of such changed address or facsimile number
to the other party hereto.

            Section 9. Assignment. This Agreement is binding upon and inures to
the benefit of the parties hereto and their respective heirs, successors and
permitted assigns. In the event of a transfer of the rights granted under this
Agreement, the Holder agrees that the Company may require that the transferee
comply with reasonable conditions as determined in the discretion of the
Company.

            Section 10. Counterparts; Facsimile; Amendments. This Agreement may
be executed in multiple counterparts, each of which may be executed by less than
all of the parties and shall be deemed to be an original instrument which shall
be enforceable against the parties actually executing such counterparts and all
of which together shall constitute one and the same instrument. Except as
otherwise stated herein, in lieu of the original documents, a facsimile
transmission or copy of the original documents shall be as effective and
enforceable as the original. This Agreement may be amended only by a writing
executed by all parties.

            Section 11. Termination of Registration Rights. This Agreement shall
terminate as to the Holder (and permitted transferees or assignees) upon the
occurrence of any of the following:

            (a) all Holder's Securities subject to this Agreement have been
registered;

            (b) all of such Holder's Securities subject to this Agreement may be
sold without such registration pursuant to Rule 144 promulgated by the SEC
pursuant to the Securities Act; and

            (c) all of such Holder's Securities subject to this Agreement can be
sold pursuant to Rule 144(k) without limitation.

            Section 12. Headings. The headings in this Agreement are for
reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement.

<PAGE>

            Section 13. Governing Law: Venue; Jurisdiction. This Agreement will
be exclusively construed and enforced in accordance with and governed by the
laws of the State of New York, except for matters arising under the Securities
Act, without reference to principles of conflicts of law. Each of the parties
consents to the exclusive jurisdiction of the U.S. District Court sitting in the
Southern District of the State of New York in connection with any dispute
arising under this Agreement and hereby waives, to the maximum extent permitted
by law, any objection, including any objection based on forum non conveniens, to
the bringing of any such proceeding in such jurisdictions. Each party hereby
agrees that if another party to this Agreement obtains a judgment against it in
such a proceeding, the party which obtained such judgment may enforce same by
summary judgment in the courts of any country having jurisdiction over the party
against whom such judgment was obtained, and each party hereby waives any
defenses available to it under local law and agrees to the enforcement of such a
judgment. Each party to this Agreement irrevocably consents to the service of
process in any such proceeding by the mailing of copies thereof by registered or
certified mail, postage prepaid, to such party at its address set forth herein.
Nothing herein shall affect the right of any party to serve process in any other
manner permitted by law.

            Section 14. Severability. If any provision of this Agreement shall
for any reason be held invalid or unenforceable, such invalidity or
unenforceablity shall not affect any other provision hereof and this Agreement
shall be construed as if such invalid or unenforceable provision had never been
contained herein. Terms not otherwise defined herein shall be defined in
accordance with the Agreement.

            Section 15. Capitalized Terms. All capitalized terms not otherwise
defined herein shall have the meaning assigned to them in the Purchase
Agreement.

            Section 16. Entire Agreement. This Agreement, together with all
documents referenced herein, embody the entire agreement and understanding
between the parties hereto with respect to the subject matter hereof and
supersedes all prior oral or written agreements and understandings relating to
the subject matter hereof. No statement, representation, warranty, covenant or
agreement of any kind not expressly set forth in this Agreement shall affect, or
be used to interpret, change or restrict, the express terms and provisions of
this Agreement.

                  [Remainder of page intentionally left blank]

<PAGE>

            IN WITNESS WHEREOF, the parties hereto have caused this Registration
Rights Agreement to be duly executed, on the day and year first above written.

                                        Interiors, Inc.

                                        By: /s/ Max Munn
                                           -------------------------------------
                                           Name:  Max Munn
                                           Title: President

                                        INVESTOR:

                                        LIMERIDGE LLC

                                        By: /s/
                                           -------------------------------------
                                           Name:
                                           Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00001-of-00352.parquet"}]]