Document:

Form of Agreement

 Exhibit 10.1 
  
 STOCK UNIT AGREEMENT 
  
 THIS AGREEMENT, dated as of
                    , between Lazard Ltd, a Bermuda exempted company (the “Company”), on behalf of its applicable Affiliate (as
defined under the definitional rules of Section 1(a) below), and                      (the “Employee”). 
  
 WITNESSETH 
  
 In consideration of the mutual promises and covenants made herein and the
mutual benefits to be derived herefrom, the parties hereto agree as follows: 
  
 1. Grant and Vesting of Stock Units. 
  
 (a) Subject to the provisions of this Agreement and to the provisions of the Company’s 2005 Equity Incentive Plan (the “Plan”) (all capitalized terms used herein, to the extent not defined, shall have
the meaning set forth in the Plan), the Company, on behalf of its applicable Affiliate, hereby grants to the Employee, as of
                     (the “Grant Date”),
                 Stock Units (the “Stock Units”), each with respect to one Share. 
  
 (b) Subject to the terms and conditions of this Agreement and to the provisions of the Plan, the Stock Units shall vest and
no longer be subject to any restriction (such period during which restrictions apply to a Stock Unit is the “Restriction Period” with respect to such unit) on
                    . 
  
 (c) In the event that the Employee incurs a Termination of Employment during the Restriction Period for any reason not set forth in Section 1(d), all
unvested Stock Units shall be forfeited by the Employee effective immediately upon such Termination of Employment. 
  
 (d) In the event that the Employee incurs a Termination of Employment during the Restriction Period due to the Employee’s Disability or due to a
Termination of Employment by the Company other than for Cause, all Stock Units shall, subject to Section 1(e), remain outstanding and continue to vest on the vesting dates set forth in Section 1(b). In the event that the Employee incurs a
Termination of Employment during the Restriction Period due to the Employee’s death, all Stock Units shall remain outstanding and vest on the first to occur of (x) the applicable vesting date set forth in Section 1(b) and (y) the
30th day following such death. 
  
 (e) In the event that the
Employee violates any of the provisions of Appendix A, which is incorporated herein by reference, all outstanding vested or unvested Stock Units shall be forfeited and cancelled. 
  
 (f) Notwithstanding the foregoing, in the event of a Change in Control, any unvested but outstanding Stock Units shall
automatically vest; provided that in the event that such Change in Control does not qualify as an event described in Section 409A(a)(2)(A)(v) of the Code and the regulations thereunder, such Stock Units shall not be settled until the originally
scheduled vesting date set forth in Section 1(b) (but shall not be subject to the forfeiture provisions of Section 1(e) following such Change of Control). 

 2. Settlement of Units. 
  
 Subject to the proviso of Section 1(f), as soon as practicable after any Stock Unit has vested and is no longer subject
to the Restriction Period, the Company shall, subject to Section 6, issue one Share and cause to be delivered to the Employee one or more unlegended, freely-transferable stock certificates in respect of such Shares issued upon settlement of the
vesting Stock Units. Notwithstanding the foregoing, the Company shall be entitled to hold the Shares or cash issuable upon settlement of Stock Units that have vested until the Company shall have received from the Employee a duly executed Form W-9 or
W-8, as applicable. 
  
 3. Nontransferability of the Stock
Units. 
  
 During the Restriction Period and until such time
as the Stock Units are ultimately settled as provided in Section 2 above, the Stock Units shall not be transferable by the Employee by means of sale, assignment, exchange, encumbrance, pledge, hedge or otherwise. 
  
 4. Dividend Equivalents; No Rights as a Stockholder. 
  
 If the Company declares and pays ordinary quarterly cash dividends on the
Common Stock during the Restriction Period, the Employee shall be credited with additional Stock Units (determined by dividing the aggregate dividend amount that would have been paid with respect to the Stock Units if they had been actual shares of
Common Stock by the Fair Market Value of a share of Common Stock on the dividend payment date), which additional Stock Units shall vest concurrently with the underlying Stock Units and be treated as Stock Units for all purposes of this Agreement (it
being understood that the provisions of this sentence shall not apply to any extraordinary dividends or distributions). 
  
 5. Payment of Transfer Taxes, Fees and Other Expenses. 
  
 The Company agrees to pay any and all original issue taxes and stock transfer taxes that may be imposed on the issuance of shares received by an Employee
in connection with the Stock Units, together with any and all other fees and expenses necessarily incurred by the Company in connection therewith. 
  
 6. Taxes and Withholding. 
  
 No later than the date as of which an amount first becomes includible in the gross income of the Employee for federal, state, local or foreign income tax
purposes with respect to any Stock Units, the Employee shall pay to the Company or its applicable Affiliate, or make arrangements satisfactory to the Company or its applicable Affiliate regarding the payment of, any federal, state, local and foreign
taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Employee with this Section 6, and the Company
or its applicable Affiliate shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Employee, including deducting such amount from the delivery of shares or cash issued upon settlement of
the Stock Units that gives rise to the withholding requirement. 
  

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 7. Effect of Agreement. 
  
 Except as otherwise provided hereunder, this Agreement shall be binding upon and shall inure to the benefit of any successor
or successors of the Company. The invalidity or enforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement. Nothing in this Agreement or the Plan shall confer upon the
Employee any right to continue in the employ of the Company or any of its Affiliates or interfere in any way with the right of the Company or any such Affiliates to terminate the Employee’s employment at any time. Until shares of Common Stock
are actually delivered to the Employee upon settlement of the Stock Units, the Employee shall not have any rights as a stockholder with respect to the Stock Units, except as specifically provided herein. 
  
 8. Laws Applicable to Construction; Consent to Jurisdiction.

  
 (a) This Agreement shall be governed by and construed in
accordance with the laws of the State of New York (United States of America), without regard to principles of conflict of laws which could cause the application of the law of any jurisdiction other than the State of New York. In addition to the
terms and conditions set forth in this Agreement and Appendix A, the Stock Units are subject to the terms and conditions of the Plan, which is hereby incorporated by reference. By signing this Agreement, the Employee agrees to and is bound by the
Plan and the restrictive covenants set forth in Appendix A. 
  
 (b) Any controversy or claim between the Employee and the Company or its Affiliates arising out of or relating to or concerning the provisions of this Agreement or the Plan shall be finally settled by arbitration in New York City before,
and in accordance with the rules then obtaining of, the New York Stock Exchange, Inc. (the “NYSE”) or, if the NYSE declines to arbitrate the matter, the American Arbitration Association (the “AAA”) in accordance with the
commercial arbitration rules of the AAA. 
  
 (c) The Employee and
the Company hereby irrevocably submit to the exclusive jurisdiction of any state or federal court located in the City of New York over any suit, action, or proceeding arising out of relating to or concerning this Agreement or the Plan that is not
otherwise required to be arbitrated or resolved in accordance with the provisions of Section 8(b). This includes any suit, action or proceeding to compel arbitration or to enforce an arbitration award. The Employee and the Company acknowledge
that the forum designated by this Section 8(c) has a reasonable relation to this Agreement, and to the Employee’s relationship to the Company. Notwithstanding the foregoing, nothing herein shall preclude the Company or the Employee from
bringing any action or proceeding in any other court for the purpose of enforcing the provisions of Section 8(a) or this Section 8(c). The agreement of the Employee and the Company as to forum is independent of the law that may be applied
in the action, and the Employee and the Company agree to such forum even if the forum may under applicable law choose to apply non-forum law. The Employee and the Company hereby waive, to the fullest extent permitted by applicable law, any objection
which the Employee or the Company now or hereafter may have to personal jurisdiction or to the laying of venue of any such suit, action or proceeding in any court referred to in this Section 8(c). The Employee and the Company undertake not to
commence any action arising out of or relating to or concerning this Agreement in any forum other than a forum described in this Section 8(c), or, to the extent applicable, Section 8(b). The Employee and the Company agree that, to the

  

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 fullest extent permitted by applicable law, a final and non-appealable judgment in any such suit, action or proceeding in
any such court shall be conclusive and binding upon the Employee and the Company. 
  
 9. Conflicts and Interpretation. 
  
 In the event of any conflict between this Agreement and the Plan, the Plan shall control. In the event of any ambiguity in this Agreement, or any matters as to which this Agreement is silent, the Plan shall govern
including, without limitation, the provisions thereof pursuant to which the Committee has the power, among others, to (i) interpret the Plan, (ii) prescribe, amend and rescind rules and regulations relating to the Plan, and (iii) make
all other determinations deemed necessary or advisable for the administration of the Plan. 
  
 10. Amendment. 
  
 This
Agreement may not be modified, amended or waived except by an instrument in writing signed by both parties hereto. The waiver by either party of compliance with any provision of this Agreement shall not operate or be construed as a waiver of any
other provision of this Agreement, or of any subsequent breach by such party of a provision of this Agreement. 
  
 11. Section 409A 
  
 The Company believes that the Stock Units may constitute “deferred compensation” within the meaning of Section 409A of the Code, and it is
the intention and belief of the Company that the provisions of this Agreement comply in all respects with Section 409A of the Code. If the Company determines after the Grant Date that an amendment to this Agreement is necessary to ensure the
foregoing, it may, notwithstanding Section 10, make such amendment, effective as of the Grant Date or any later date, without the consent of the Employee (provided that any such amendment shall be narrowly tailored to achieve such compliance
with as limited deviation from the intent of this Agreement as of the date hereof as is practicable). 
  
 12. Headings. 
  
 The headings of paragraphs herein are included solely for convenience of reference and shall not affect the meaning or interpretation of any of the
provisions of this Agreement. 
  
 13. Counterparts.

  
 This Agreement may be executed in counterparts, which
together shall constitute one and the same original. 
  

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 IN WITNESS WHEREOF, as of the date first above written, the Company has caused this Agreement to be
executed on its behalf by a duly authorized officer and the Employee has hereunto set the Employee’s hand. 
  

			
	 LAZARD LTD

		
	 By:
	 	  

	 Name:
	 	 
	 Title:
	 	 
	
	

	 [EMPLOYEE NAME]

  

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 Appendix A 
  

Restrictive Covenants 
  
 The Employee acknowledges that grant of the Stock Units pursuant to the Stock Unit Agreement (the “Agreement”) confers a substantial benefit
upon the Employee, and agrees to the following covenants, which are designed, among other things, to protect the interests of the Company and its Affiliates (collectively, the “Firm”) in confidential and proprietary information, trade
secrets, customer and employee relationships, orderly transition of responsibilities, and other legitimate business interests. Employee acknowledges that, pursuant to Section 1(e) of the Agreement, all outstanding vested or unvested Stock Units
will be forfeited upon a violation by the Employee of the following covenants: 
  
 (a) Confidential Information. The Employee shall not at any time (whether prior to or following the Employee’s Termination of Employment) disclose or use for the Employee’s own benefit or purposes or
the benefit or purposes of any other person, corporation or other business organization or entity, other than the Firm, any trade secrets, information, data, or other confidential or proprietary information relating to the customers, developments,
programs, plans or business and affairs of the Firm, provided that the foregoing shall not apply to information that is not unique to the Firm or that is generally known to the industry or the public other than as a result of the Employee’s
breach of this covenant or as required pursuant to an order of a court, governmental agency or other authorized tribunal (provided that the Employee shall provide the Firm prior written notice of any such required disclosure). The Employee agrees
that upon the Employee’s Termination of Employment, the Employee or, in the event of the Employee’s death, the Employee’s heirs or estate at the request of the Firm, shall return to the Firm immediately all books, papers, plans,
information, letters and other data, and all copies thereof or therefrom, in any way relating to the business of the Firm. Without limiting the foregoing, the existence of, and any information concerning, any dispute between the Employee and the
Firm shall be subject to the terms of this Paragraph (a), except that the Employee may disclose information concerning such dispute to the arbitrator or court that is considering such dispute, and to the Employee’s legal counsel, spouse or
domestic partner, and tax and financial advisors (provided that such persons agree not to disclose any such information). 
  
 (b) Non-Competition. The Employee acknowledges and recognizes the highly competitive nature of the businesses of the Firm. The Employee further
acknowledges that the Employee has been and shall be provided with access to sensitive and proprietary information about the clients, prospective clients, knowledge capital and business practices of the Firm, and has been and shall be provided with
the opportunity to develop relationships with clients, prospective clients, consultants, employees, representatives and other agents of the Firm, and the Employee further acknowledges that such proprietary information and relationships are extremely
valuable assets in which the Firm has invested and shall continue to invest substantial time, effort and expense. The Employee agrees that while employed by the Firm and thereafter until (i) three months after the Employee’s date of
Termination of Employment for any reason other than a termination by the Firm without Cause or (ii) one month after the date of the Employee’s Termination of Employment by the Firm without Cause (in either case, the date of such
Termination of Employment, the “Date of Termination,” and such period, the “Noncompete Restriction Period”), the Employee shall not, directly or indirectly, on the Employee’s behalf or on behalf of 
  

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 any other person, firm, corporation, association or other entity, as an employee, director, advisor, partner, consultant
or otherwise, provide services or perform activities for, or acquire or maintain any ownership interest in, a “Competitive Enterprise.” For purposes of this Agreement, “Competitive Enterprise” shall mean a business (or business
unit) that (x) engages in any activity or (y) owns or controls a significant interest in any entity that engages in any activity, that in either case, competes anywhere with any activity that is similar to an activity in which the Firm is
engaged up to and including the Employee’s Date of Termination. Notwithstanding anything in this Appendix, the Employee shall not be considered to be in violation of this Appendix solely by reason of owning, directly or indirectly, any stock or
other securities of a Competitive Enterprise (or comparable interest, including a voting or profit participation interest, in any such Competitive Enterprise) if the Employee’s interest does not exceed 5% of the outstanding capital stock of
such Competitive Enterprise (or comparable interest, including a voting or profit participation interest, in such Competitive Enterprise). The Employee acknowledges that the Firm is engaged in business throughout the world. Accordingly, and in view
of the nature of the Employee’s position and responsibilities, the Employee agrees that the provisions of this Paragraph (b) shall be applicable to each jurisdiction, foreign country, state, possession or territory in which the Firm may be
engaged in business while the Employee is providing services to the Firm. 
  
 (c) Nonsolicitation of Clients. The Employee hereby agrees that during the Noncompete Restriction Period, the Employee shall not, in any manner, directly or indirectly, (i) Solicit a Client to transact
business with a Competitive Enterprise or to reduce or refrain from doing any business with the Firm, to the extent the Employee is soliciting a Client to provide them with services the performance of which would violate Paragraph (b) above if
such services were provided by the Employee, or (ii) interfere with or damage (or attempt to interfere with or damage) any relationship between the Firm and a Client. For purposes of this Agreement, the term “Solicit” means any direct
or indirect communication of any kind whatsoever, regardless of by whom initiated, inviting, advising, persuading, encouraging or requesting any person or entity, in any manner, to take or refrain from taking any action, and the term
“Client” means any client or prospective client of the Firm to whom the Employee provided services, or for whom the Employee transacted business, or whose identity became known to the Employee in connection with the Employee’s
relationship with or employment by the Firm, whether or not the Firm has been engaged by such Client pursuant to a written agreement; provided that an entity which is not a client of the Firm shall be considered a “prospective client” for
purposes of this sentence only if the Firm made a presentation or written proposal to such entity during the 12-month period preceding the Date of Termination or was preparing to make such a presentation or proposal at the time of the Date of
Termination. 
  
 (d) No Hire of Employees. The Employee
hereby agrees that while employed by the Firm and thereafter until six months after the date of the Termination of Employment for any reason (the “No Hire Restriction Period”), the Employee shall not, directly or indirectly, for himself or
on behalf of any third party at any time in any manner, Solicit, hire, or otherwise cause any employee who is at the associate level or above (including, without limitation, managing directors), officer or agent of the Firm to apply for, or accept
employment with, any Competitive Enterprise, or to otherwise refrain from rendering services to the Firm or to terminate his or her relationship, contractual or otherwise, with the Firm, other than in response to a general advertisement or public
solicitation not directed specifically to employees of the Firm. 
  

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 (e) Nondisparagement. The Employee shall not at any time (whether prior to or following the
Employee’s Termination of Employment), and shall instruct the Employee’s spouse, domestic partner, parents, and any of their lineal descendants (it being agreed that in any dispute between the parties regarding whether the Employee
breached such obligation to instruct, the Firm shall bear the burden of demonstrating that the Employee breached such obligation) not to, make any comments or statements to the press, employees of the Firm, any individual or entity with whom the
Firm has a business relationship or any other person, if such comment or statement is disparaging to the Firm, its reputation, any of its affiliates or any of its current or former officers, members or directors, except for truthful statements as
may be required by law. 
  
 (f) Notice of Termination
Required. The Employee agrees to provide three months’ written notice to the Firm prior to the Employee’s Termination of Employment. The Employee hereby agrees that, if, during the three-month period after the Employee has provided
notice of termination to the Firm or prior thereto, the Employee enters (or has entered into) a written agreement to provide services or perform activities for a Competitive Enterprise that would violate Paragraph (b) if performed during the
Noncompete Restriction Period, such action shall be deemed a violation of this Paragraph (f). 
  
 (g) Covenants Generally. The Employee’s covenants as set forth in this Appendix A are referred to herein as the “Covenants.” If any of the Covenants is finally held to be invalid, illegal or
unenforceable (whether in whole or in part), such Covenant shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality or unenforceability and the remaining such Covenants shall not be affected thereby;
provided, however, that if any of such Covenants is finally held to be invalid, illegal or unenforceable because it exceeds the maximum scope determined to be acceptable to permit such provision to be enforceable, such Covenant shall be
deemed to be modified to the minimum extent necessary to modify such scope in order to make such provision enforceable hereunder. The Employee hereby agrees that prior to accepting employment with any other person or entity during his period of
service with the Firm or during the Noncompete Restriction Period or the No Hire Restriction Period, the Employee shall provide such prospective employer with written notice of the provisions of this Agreement, with a copy of such notice delivered
no later than the date of the Employee’s commencement of such employment with such prospective employer, to the General Counsel of the Company. The Employee acknowledges and agrees that the terms of the Covenants: (i) are reasonable in
light of all of the circumstances, (ii) are sufficiently limited to protect the legitimate interests of the Firm, (iii) impose no undue hardship on the Employee and (iv) are not injurious to the public. The Employee acknowledges and
agrees that the Employee’s breach of the Covenants will cause the Firm irreparable harm, which cannot be adequately compensated by money damages. The Employee further acknowledges that the Covenants and notice period requirements set forth
herein shall operate independently of, and not instead of, any other restrictive covenants or notice period requirements to which the Employee is subject pursuant to other plans and agreements involving the Firm. 
  

 A-3Form of Warrant issued to GunnAllen Financial Inc & Pacific Summit Securities

 EXHIBIT 4.6 
  

THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”), OR ANY STATE
SECURITIES LAWS AND NEITHER SUCH SHARES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR OTHERWISE TRANSFERRED UNLESS (1) A REGISTRATION STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE 1933 ACT AND ANY APPLICABLE STATE
SECURITIES LAWS, OR (2) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE 1933 ACT. 
  
 InterSearch Group, Inc. 
  
 COMMON STOCK PURCHASE WARRANT 
  

									
	Number of Shares:                    	  	Holder:	 	  

	  	 
				
	Original Issue Date:                        , 2005	  	 	 	  

	  	 
				
	Expiration Date:                        , 2010	  	 	 	  

	  	 
					
	Exercise Price per Share: $                    	  	 	 	Attention:	 	  

	  	 

  
 InterSearch Group, Inc, a company
organized and existing under the laws of the State of Florida (the “Company”), hereby certifies that, for value received,             , or its
permitted and registered assigns (the “Warrant Holder”), is entitled, subject to the terms set forth below, to purchase from the Company up to
            (            ) shares (as adjusted from time to time as provided in Section 6, the
“Warrant Shares”) of common stock, $.001 par value (the “Common Stock”), of the Company at a price of
            ($            ) per Warrant Share (as adjusted from time to time as provided in Section 6,
the “Exercise Price”), at any time and from time to time from and after the date thereof and through and including 5:00 p.m. New York City time on
                        , 2010 (the “Expiration Date”), and subject to the following terms and
conditions: 
  
 1. Registration of Warrant. The Company
shall register this Warrant upon records to be maintained by the Company for that purpose (the “Warrant Register”), in the name of the record Warrant Holder hereof from time to time. The Company may deem and treat the
registered Warrant Holder of this Warrant as the absolute owner hereof for the purpose of any exercise hereof or any distribution to the Warrant Holder, and for all other purposes, and the Company shall not be affected by notice to the contrary.

 2. Investment Representation. The Warrant Holder by accepting this Warrant represents that the
Warrant Holder is acquiring this Warrant for its own account or the account of an affiliate for investment purposes and not with the view to any offering or distribution and that the Warrant Holder will not sell or otherwise dispose of this Warrant
or the underlying Warrant Shares in violation of applicable securities laws. The Warrant Holder acknowledges that the certificates representing any Warrant Shares will bear a legend indicating that they have not been registered under the United
States Securities Act of 1933, as amended (the “1933 Act”) and may not be sold by the Warrant Holder except pursuant to an effective registration statement or pursuant to an exemption from registration requirements of the
1933 Act and in accordance with federal and state securities laws. If this Warrant was acquired by the Warrant Holder pursuant to the exemption from the registration requirements of the 1933 Act afforded by Regulation S thereunder, the Warrant
Holder acknowledges and covenants that this Warrant may not be exercised by or on behalf of a Person during the one year distribution compliance period (as defined in Regulation S) following the date hereof. “Person” means an
individual, partnership, firm, limited liability company, trust, joint venture, association, corporation, or any other legal entity. 
  
 3. Validity of Warrant and Issue of Shares. The Company represents and warrants that this Warrant has been duly authorized and validly issued and
warrants and agrees that all of the Common Stock that may be issued upon the exercise of the rights represented by this Warrant will, when issued upon such exercise, be duly authorized, validly issued, fully paid and nonassessable and free from all
taxes, liens and charges with respect to the issue thereof. The Company further warrants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized and
reserved a sufficient number of Common Stock to provide for the exercise of the rights represented by this Warrant. 
  
 4. Registration of Transfers and Exchange of Warrants. 
  
 a. Subject to compliance with the legend set forth on the face of this Warrant and Section 11, the Company shall register the transfer of any
portion of this Warrant in the Warrant Register, upon surrender of this Warrant with the Form of Assignment attached hereto duly completed and signed, to the Company at the office specified in or pursuant to Section 10. Upon any such
registration or transfer, a new warrant to purchase Common Stock, in substantially the form of this Warrant (any such new warrant, a “New Warrant”), evidencing the portion of this Warrant so transferred shall be issued to the
transferee and a New Warrant evidencing the remaining portion of this Warrant not so transferred, if any, shall be issued to the transferring Warrant Holder. The acceptance of the New Warrant by the transferee thereof shall be deemed the acceptance
of such transferee of all of the rights and obligations of a Warrant Holder of a Warrant. 
  
 b. This Warrant is exchangeable, upon the surrender hereof by the Warrant Holder to the office of the Company specified in or pursuant to Section 10 for one or more New Warrants, evidencing in the
aggregate the right to purchase the number of Warrant Shares which may then be purchased hereunder. Any such New Warrant will be dated the date of such exchange. 
  

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 5. Exercise of Warrants. 
  
 a. Upon surrender of this Warrant, with the Form of Election to Purchase attached hereto duly completed and signed,
to the Company, at its address set forth in Section 10, and upon payment and delivery of the Exercise Price multiplied by the number of Warrant Shares that the Warrant Holder intends to purchase hereunder, in lawful money of the United States
of America, in cash or by certified or official bank check or checks, to the Company, all as specified by the Warrant Holder in the Form of Election to Purchase, the Company shall promptly (but in no event later than 7 business days after the Date
of Exercise (as defined herein)) issue or cause to be issued and cause to be delivered to or upon the written order of the Warrant Holder and in such name or names as the Warrant Holder may designate (subject to the restrictions on transfer
described in the legend set forth on the face of this Warrant), a certificate for the Warrant Shares issuable upon such exercise, with such restrictive legend as required by the 1933 Act. Any person so designated by the Warrant Holder to receive
Warrant Shares shall be deemed to have become holder of record of such Warrant Shares as of the Date of Exercise of this Warrant. 
  
 b. A “Date of Exercise” means the date on which the Company shall have received (i) this Warrant (or any New Warrant,
as applicable), with the Form of Election to Purchase attached hereto (or attached to such New Warrant) appropriately completed and duly signed, and (ii) payment of the Exercise Price, if applicable, for the number of Warrant Shares so
indicated by the Warrant Holder to be purchased. 
  
 c.
This Warrant shall be exercisable at any time and from time to time for such number of Warrant Shares as is indicated in the attached Form of Election to Purchase. If less than all of the Warrant Shares which may be purchased under this Warrant
are exercised at any time, the Company shall issue or cause to be issued, at its expense, a New Warrant evidencing the right to purchase the remaining number of Warrant Shares for which no exercise has been evidenced by this Warrant. 
  
 d. (i) Notwithstanding anything contained herein to the
contrary, the holder of this Warrant may, at its election exercised in its sole discretion, exercise this Warrant in whole or in part and, in lieu of making the cash payment otherwise contemplated to be made to the Company upon such exercise in
payment of the Aggregate Exercise Price, elect instead to receive upon such exercise the “Net Number” of shares of Common Stock determined according to the following formula (a “Cashless Exercise”): 
  
 Net Number = (A x (B - C))/B 
  
 (ii) For purposes of the foregoing formula: 
  
 A= the total number shares with respect to which this Warrant is then being
exercised. 
  

 3 

 B= the Weighted Average Price of the Common Stock on the Trading Day immediately preceding the Date of
Exercise. 
  
 C= the Exercise Price then in effect at the time of
such exercise. 
  
 e. The holder of this Warrant agrees not
to elect a Cashless Exercise unless the average daily trading volume of the Company’s Common Stock on any Principal Market or on the over-the-counter market on the electronic bulletin board exceeds 7,500 for each of any 10 consecutive Trading
Days. 
  
 f. If (i) the Company files with the U.S.
Securities and Exchange Commission a registration statement in connection with an underwritten public offering of Common Stock under 1933 Act in which the per share price of Common Stock to be sold pursuant to such registration statement is at least
$.06 (as adjusted for stock splits, dividends, recapitalizations and the date hereof) (a “Public Offering”) and (ii) the lead underwriter for such Public Offering notifies the Company that all or part of the Warrant
Shares will be available to be included in the shares of Common Stock to be sold in such Public Offering (such number of shares being referred to as the “Underlying Shares”), then, upon the Company’s election (which may
be exercised by the Company in its sole and absolute discretion by notice to the Warrant Holder), this Warrant shall be deemed to be exercised automatically to the extent of the number of Underlying Shares selected by the Company in its notice to
the Company (the “Selected Underlying Shares”) immediately upon the closing of the Public Offering (a “Mandatory Exercise”). Upon a Mandatory Exercise, (y) the Warrant Holder shall be
unconditionally obligated to deliver to the Company this Warrant and a duly completed and executed Form of Election to Purchase attached hereto, and (z) this Warrant (to the extent of the Selected Underlying Shares) shall be exercised
automatically without any action by the Warrant Holder and whether or not this Warrant is surrendered to the Company or its transfer agent; provided, however, that the Company shall not be obligated to issue certificates evidencing the
Selected Underlying Shares unless the Warrant Holder has delivered to the Company the items set forth in subsection (y) above. Notwithstanding the foregoing, the Warrant Holder may, but shall not be obligated to, elect to sell the Selected
Underlying Shares in such Public Offering. For purposes of a Cashless Exercise pursuant to this Section, the last reported sale price of the Common Stock shall be the Public Offering price. 
  
 6. Adjustment of Exercise Price and Number of Shares. The character of
the shares of stock or other securities at the time issuable upon exercise of this Warrant and the Exercise Price therefore, are subject to adjustment upon the occurrence of the following events, and all such adjustments shall be cumulative:

  
 a. Adjustment for Stock Splits, Stock Dividends,
Recapitalizations, Etc. The Exercise Price of this Warrant and the number of shares of Common Stock or other securities at the time issuable upon exercise of this Warrant shall be appropriately adjusted to reflect any stock dividend, stock
split, combination of shares, reclassification, recapitalization or other similar event affecting the number of outstanding shares of stock or securities of the Company. 
  

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 b. Adjustment for Reorganization, Consolidation, Merger, Etc. In case of any consolidation or
merger of the Company with or into any other corporation, entity or person, or any other corporate reorganization, in which the Company shall not be the continuing or surviving entity of such consolidation, merger or reorganization (any such
transaction being hereinafter referred to as a “Reorganization”), then, in each case, the holder of this Warrant, on exercise hereof at any time after the consummation or effective date of such Reorganization (the
“Effective Date”), shall receive, in lieu of the shares of stock or other securities at any time issuable upon the exercise of the Warrant issuable on such exercise prior to the Effective Date, the stock and other securities
and property (including cash) to which such holder would have been entitled upon the Effective Date if such holder had exercised this Warrant immediately prior thereto (all subject to further adjustment as provided in this Warrant). 
  
 c. Certificate as to Adjustments. In case of any adjustment or
readjustment in the price or kind of securities issuable on the exercise of this Warrant, the Company will promptly give written notice thereof to the holder of this Warrant in the form of a certificate, certified and confirmed by the Board of
Directors of the Company, setting forth such adjustment or readjustment and showing in reasonable detail the facts upon which such adjustment or readjustment is based. 
  
 7. Fractional Shares. The Company shall not be required to issue or cause to be issued fractional Warrant Shares on
the exercise of this Warrant. The number of full Warrant Shares that shall be issuable upon the exercise of this Warrant shall be computed on the basis of the aggregate number of Warrants Shares purchasable on exercise of this Warrant so presented.
If any fraction of a Warrant Share would, except for the provisions of this Section 7, be issuable on the exercise of this Warrant, the Company shall, at its option, (i) pay an amount in cash equal to the Exercise Price multiplied by such
fraction or (ii) round the number of Warrant Shares issuable, up to the next whole number. 
  
 8. Notice of Intent to Sell or Merge the Company. The Company will give Warrant Holder ten (10) days notice before the event of a sale of all
or substantially all of the assets of the Company or the merger or consolidation of the Company in a transaction in which the Company is not the surviving entity. 
  
 9. Issuance of Substitute Warrant. In the event of a merger, consolidation, recapitalization or reorganization of the
Company or a reclassification of Company shares of stock, which results in an adjustment to the number of shares subject to this Warrant and/or the Exercise Price hereunder, the Company agrees to issue to the Warrant Holder a substitute Warrant
reflecting the adjusted number of shares and/or Exercise Price upon the surrender of this Warrant to the Company. 
  

 5 

 10. Notice. All notices and other communications hereunder shall be in writing and shall be deemed
to have been given (i) on the date they are delivered if delivered in person; (ii) on the date initially received if delivered by facsimile transmission followed by registered or certified mail confirmation; (iii) on the date
delivered by an overnight courier service; or (iv) on the third business day after it is mailed by registered or certified mail, return receipt requested with postage and other fees prepaid as follows: 
  

									
	 	 	If to the Company:	 	 	 	 
				
	 	 	InterSearch Group, Inc.	 	 	 	 
	 	 	222 Kearny Street, Suite 550	 	 	 	 
	 	 	San Francisco, CA 94018	 	 	 	 
	 	 	Attention: Dan O’Donnell	 	 	 	 
				
	 	 	If to the Warrant Holder:	 	 	 	 
				
	 	 	  

	 	 	 	 
	 	 	  

	 	 	 	 
	 	 	  

	 	 	 	 
	 	 	Attention:	 	  

	 	 	 	 

  
 11. Transfer
Restrictions. The Warrant Holder acknowledges that this Warrant and the Warrant Shares have not been registered under the provisions of the 1933 Act, and may not be sold, transferred, assigned or hypothecated without the Company’s written
consent unless subsequently registered thereunder, except that it may be transferred, in whole or in part, to affiliates of the Warrant Holder, including its employees and registered representatives, provided that (1) the Warrant Holder shall
have delivered to the Company an opinion of counsel, reasonably satisfactory in form, scope and substance to the Company, to the effect that the Warrant and the Warrant Shares to be sold or transferred may be sold or transferred pursuant to an
exemption from registration under the 1933 Act and under applicable state securities or blue sky laws, (2) a written undertaking executed by the desired transferee of this Warrant reasonably satisfactory to the Company in form and substance
agreeing to be bound by the restrictions on transfer contained herein is delivered to the Company, and (3) any sale of the Warrant Shares made in reliance on Rule 144 promulgated under the 1933 Act may be made only in accordance with the terms
of said Rule and further, if said Rule is not applicable, any resale of such securities under circumstances in which the seller, or the person through whom the sale is made, may be deemed to be an underwriter, as that term is used in the 1933 Act,
may require compliance with some other exemption under the 1933 Act or the rules and regulations of the SEC thereunder. 
  

 6 

 12. Miscellaneous. 
  
 a. This Warrant shall be binding on and inure to the benefit of the parties hereto and their respective successors
and permitted assigns. This Warrant may be amended only by a writing signed by the Company and the Warrant Holder. 
  
 b. Nothing in this Warrant shall be construed to give to any person or corporation other than the Company and the Warrant Holder any legal or
equitable right, remedy or cause of action under this Warrant; this Warrant shall be for the sole and exclusive benefit of the Company and the Warrant Holder. 
  

c. This Warrant shall be governed by, 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. 
  
 d. The headings
herein are for convenience only, do not constitute a part of this Warrant and shall not be deemed to limit or affect any of the provisions hereof. 
  
 e. In case any one or more of the provisions of this Warrant shall be invalid or unenforceable in any respect, the validity and enforceablilty of
the remaining terms and provisions of this Warrant shall not in any way be affected or impaired thereby and the parties will attempt in good faith to agree upon a valid and enforceable provision which shall be a commercially reasonably substitute
therefore, and upon so agreeing, shall incorporate such substitute provision in this Warrant. 
  
 f. The Warrant Holder shall not, by virtue hereof, be entitled to any voting or other rights of a shareholder of the Company, either at law or equity, and the rights of the Warrant Holder are limited to those
expressed in this Warrant. 
  
 13. Certain Definitions.

  
 a. “Principal Market” means the
New York Stock Exchange, the American Stock Exchange or the Nasdaq National Market. 
  
 b. “Trading Day” means any day on which the Common Stock is traded on a Principal Market, or, if a Principal Market is not the principal trading market for the Common Stock, then on the
over-the-counter market on the electronic bulletin board; provided that “Trading Day” shall not include any day on which the Common Stock is scheduled to trade on such exchange or market for less than 4.5 hours or any day that the Common
Stock is suspended from trading during the final hour of trading on such exchange or market (or if such exchange or market does not designate in advance the closing time of trading on such exchange or market, then during the hour ending at 4:00:00
p.m., New York Time). 
  

 7 

 c. “Weighted Average Price” means, for any security as of any date, the dollar
volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York Time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00
p.m., New York Time (or such other time as the Principal Market publicly announces is the official close of trading) as reported by Bloomberg through its “Volume at Price” functions, or, if the foregoing does not apply, the dollar
volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York Time (or such other time as such market publicly announces is the
official open of trading), and ending at 4:00:00 p.m., New York Time (or such other time as such market publicly announces is the official close of trading) as reported by Bloomberg. All such determinations to be appropriately adjusted for any stock
dividend, stock split, stock combination or other similar transaction during the applicable calculation period. 
  
 [SIGNATURES ON FOLLOWING PAGE] 
  

 8 

 IN WITNESS WHEREOF, the Company has caused this Warrant to be duly executed by the authorized officer as
of the date first above stated. 
  
 INTERSEARCH GROUP, INC., a Florida corporation

  

			
	By:	 	  

	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	Chief Financial Officer, Secretary and Treasurer

  

 9 

 FORM OF ELECTION TO PURCHASE 
  
 (To be executed by the Warrant Holder to exercise the right to purchase shares of Common Stock under the foregoing Warrant) 
  
 To: InterSearch Group, Inc.: 
  
 In accordance with the Warrant enclosed with this Form of Election to Purchase, the
undersigned hereby irrevocably elects to purchase              shares of Common Stock (“Common Stock”), $.001 par value, of InterSearch Group, Inc and encloses the warrant
and $             for each Warrant Share being purchased or an aggregate of $             in cash or certified or
official bank check or checks, which sum represents the aggregate Exercise Price (as defined in the Warrant) together with any applicable taxes payable by the undersigned pursuant to the Warrant. 
  
 The undersigned requests that certificates for the shares of Common Stock issuable upon this
exercise be issued in the name of: 
  

			
	  

	  	 
	  

	  	 
	  

	  	 
	 (Please print name and address)
	  	 
	  

	  	 
	 (Please insert Social Security or Tax Identification Number)
	  	 

  
 If the number of shares of Common
Stock issuable upon this exercise shall not be all of the shares of Common Stock which the undersigned is entitled to purchase in accordance with the enclosed Warrant, the undersigned requests that a New Warrant (as defined in the Warrant)
evidencing the right to purchase the shares of Common Stock not issuable pursuant to the exercise evidenced hereby be issued in the name of and delivered to: 
  

			
	  

	  	 
	  

	  	 
	  

	  	 
	 (Please print name and address)
	  	 

  

							
	Dated:	 	  

	  	Name of Warrant Holder:
				
	 	 	 	  	(Print)	  	  

	 	 	 	  	(By:)	  	  

	 	 	 	  	(Name:)	  	  

	 	 	 	  	(Title:)	  	  

	 	 	 	  	  
 Signature must conform in all respects to name of Warrant
Holder as specified on the face of the Warrant

  

 10 

 SCHEDULE TO EXHIBIT 4.6 
  
 Exhibit 4.6 is a form of warrant to purchase shares of common stock of the Registrant, of which three have been issued, with
the following differing material terms: 
  
 Warrant 1 
  

			
	Holder:	  	GunnAllen Financial, Inc.
	Number of Shares:	  	11,875,000 (296,875 adjusted for October 19, 2005 stock split)
	Original Issue Date:	  	September 29, 2005
	Expiration Date:	  	September 29, 2010
	Exercise Price Per Share:	  	$0.02 ($0.80 adjusted for October 19, 2005 stock split)

  
 Warrant 2 
  

			
	Holder:	  	Pacific Summit Securities
	Number of Shares:	  	13,125,000 (328,125 adjusted for October 19, 2005 stock split)
	Original Issue Date:	  	September 29, 2005
	Expiration Date:	  	September 29, 2010
	Exercise Price Per Share:	  	$0.02 ($0.80 adjusted for October 19, 2005 stock split)

  
 Warrant 3 
  
  

			
	Holder:	  	GunnAllen Financial, Inc.
	Number of Shares:	  	1,562,520 (39,063 adjusted for October 19, 2005 stock split)
	Original Issue Date:	  	October 7, 2005
	Expiration Date:	  	October 6, 2010
	Exercise Price Per Share:	  	$0.04 ($1.60 adjusted for October 19, 2005 stock split)

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