Document:

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                                                                  EXHIBIT 10(dd)

                        CEREUS TECHNOLOGY PARTNERS, INC.

                         OUTSIDE DIRECTORS' WARRANT PLAN

         1.       PURPOSES OF THE PLAN. The purposes of this Directors' Warrant
Plan are to attract and retain the best available personnel for service as
Directors of the Company, to provide additional incentive to the persons serving
as Directors of the Company, to align Director and stockholder long-term
incentives and to encourage their continued service on the Board.

         2.       DEFINITIONS. As used herein, the following definitions shall
apply:

                  (a)      "BOARD" shall mean the Board of Directors of the
Company.

                  (b)      "CODE" shall mean the Internal Revenue Code of 1986,
as amended.

                  (c)      "COMMON STOCK" shall mean the common stock, $.01 par
value per share, of the Company.

                  (d)      "COMPANY" shall mean Cereus Technology Partners,
Inc., a Delaware corporation.

                  (e)      "CONTINUOUS STATUS AS A DIRECTOR" shall mean the
absence of any interruption or termination of service as a Director.

                  (f)      "DIRECTOR" shall mean a member of the Board.

                  (g)      "EMPLOYEE" shall mean any person, including officers
and Directors, employed by the Company or any Parent or Subsidiary of the
Company. The payment of a director's fee by the Company shall not be sufficient
in and of itself to constitute "employment" by the Company.

                  (h)      "EXCHANGE ACT" shall mean the Securities Exchange Act
of 1934, as amended.

                  (i)      "OUTSIDE DIRECTOR" shall mean a Director who is not
an Employee.

                  (j)      "PARENT" shall mean a "parent corporation", whether
now or hereafter existing, as defined in Section 425(e) of the Code.

                  (k)      "PLAN" shall mean this Outside Directors' Warrant
Plan.

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                  (l)      "SHARE" shall mean a share of Common Stock, as may be
adjusted in accordance with Section 11 of the Plan.

                  (m)      "SUBSIDIARY" shall mean a "subsidiary corporation",
whether now or hereafter existing, as defined in Section 424(f) of the Internal
Revenue Code of 1986.

                  (n)      "WARRANT" shall mean a warrant granted pursuant to
the Plan.

                  (o)      "WARRANT STOCK" shall mean the Common Stock subject
to a Warrant.

                  (p)      "WARRANTHOLDER" shall mean an Outside Director who
receives a Warrant.

         3.       STOCK SUBJECT TO THE PLAN. Subject to the provisions of
Section 11 of the Plan, the maximum aggregate number of Shares subject to
Warrants which may be awarded and sold under the Plan is 1,000,000 Shares of
Common Stock. The Shares may be authorized, but unissued, or reacquired Common
Stock. If a Warrant should expire or become unexercisable for any reason without
having been exercised in full, the unpurchased Shares which were subject thereto
shall, unless the Plan shall have been terminated, become available for future
grant under the Plan.

         4.       ADMINISTRATION OF AND GRANTS OF WARRANTS UNDER THE PLAN.

                  (a)      ADMINISTRATOR. The Plan shall be administered by the
Board in its sole discretion.

                  (b)      PROCEDURE FOR GRANTS. All grants of Warrants
hereunder shall be made by the Board and shall be made strictly in accordance
with the following provisions:

                           (i)      Each Outside Director elected on or after
                  January 1, 2000 may be granted, in the discretion of the
                  Board, Warrants to purchase no more than 250,000 Shares in the
                  aggregate.

                           (ii)     The terms and conditions of each Warrant
                  granted hereunder shall be as follows:

                                    (A)      the term of the Warrant shall be
                           five (5) years;

                                    (B)      the Warrant shall be exercisable
                           only while the Director remains a Director of the
                           Company, except as set forth in Section 9 hereof;

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                                    (C)      the exercise price per Share shall
                           be determined by the Board, provided that the initial
                           exercise price shall not be less than the Fair Market
                           Value (as hereinafter defined) per Share on the date
                           of grant of the Warrant; and

                                    (D)      the Warrant shall become
                           exercisable in one or more installments as the Board
                           shall determine in its sole discretion, provided that
                           if the Director has not attended (in person or by
                           telephone) at least 75% of the meetings of the Board
                           while he or she served as a member thereof for the
                           year prior to which an installment first becomes
                           exercisable, then such installment may not be
                           exercised and shall lapse.

                  (c)      POWERS OF THE BOARD. Subject to the provisions and
restrictions of the Plan, the Board shall have the authority in its discretion:
(i) to determine, upon review of relevant information and in accordance with
Section 8(b) of the Plan, the Fair Market Value of the Common Stock; (ii) to
interpret the Plan; (iii) to prescribe, amend and rescind rules and regulations
relating to the Plan; (iv) to authorize any person to execute on behalf of the
Company any instrument required to effectuate the grant of a Warrant previously
granted hereunder; and (v) to make all other determinations deemed necessary or
advisable for the administration of the Plan.

                  (d)      EFFECT OF BOARD'S DECISION. All decisions,
determinations and interpretations of the Board shall be final and binding on
all Warrantholders and any other holders of any Warrants granted under the Plan.

                  (e)      SUSPENSION OR TERMINATION OF WARRANT. If the Chief
Executive Officer or his designee reasonably believes that a Warrantholder has
committed an act of misconduct, the Chief Executive Officer may suspend the
Warrantholder's right to exercise any Warrant pending a determination by the
Board (excluding the Director accused of such misconduct). If the Board
(excluding the Director accused of such misconduct) determines a Warrantholder
has committed an act of embezzlement, fraud, dishonesty, nonpayment of an
obligation owed to the Company, breach of fiduciary duty or deliberate disregard
of the Company rules resulting in loss, damage or injury to the Company, or if a
Warrantholder makes an unauthorized disclosure of any Company trade secret or
confidential information, engages in any conduct constituting unfair
competition, induces any Company customer to breach a contract with the Company
or induces any principal for whom the Company acts as agent to terminate such
agency relationship, neither the Warrantholder nor his estate shall be entitled
to exercise any Warrant whatsoever. In making such determination, the Board
(excluding the Director accused of such misconduct) shall act fairly and shall
give the Warrantholder an opportunity to appear and present evidence on the
Warrantholder's behalf at a hearing before the Board or a committee of the
Board.

         5.       ELIGIBILITY. Warrants may be granted only to Outside Directors
of the Company. All Warrants shall be granted in accordance with the terms set
forth in Section

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4(b) hereof. A Director who has been granted a Warrant may, if he or she is
otherwise eligible, be granted an additional Warrant or Warrants in accordance
with such provisions. The Plan shall not confer upon any Warrantholder any right
with respect to continuation of service as a Director or nomination to serve as
a Director, nor shall it interfere in any way with any rights which the Director
or the Company may have to terminate his or her directorship at any time.

         6.       TERM OF PLAN. The Plan shall become effective on the date
hereof and shall continue in effect for a term of ten (10) years unless sooner
terminated under Section 13 of the Plan.

         7.       TERM OF WARRANT. The term of each Warrant shall be five (5)
years from the date of grant thereof.

         8.       EXERCISE PRICE AND CONSIDERATION.

                  (a)      EXERCISE PRICE. The initial per Share exercise price
for the Shares to be issued upon exercise of a Warrant shall be no less than the
Fair Market Value per Share on the date of grant of the Warrant.

                  (b)      FAIR MARKET VALUE. The Fair Market Value shall be
determined by the Board in its discretion; provided, however, that where there
is a public market for the Common Stock, the fair market value per Share shall
be the closing bid price of the Common Stock in the over-the-counter market on
the trading day immediately preceding the date of grant, as reported in The Wall
Street Journal, Eastern Edition (or, if not so reported, as otherwise reported
by the National Association of Securities Dealers Automated Quotation ("NASDAQ")
System) or, in the event the Common Stock is traded on The NASDAQ National
Market or The NASDAQ SmallCap Market or listed on a stock exchange, then the
fair market value per Share shall be the closing price on such system or
exchange on the trading day immediately preceding the date of grant of the
Warrant as reported in The Wall Street Journal, Eastern Edition.

                  (c)      FORM OF CONSIDERATION. The consideration to be paid
for the Shares to be issued upon exercise of a Warrant shall consist entirely of
(i) cash, (ii) check or (iii) any combination of such methods of payment.

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         9.       EXERCISE OF WARRANT.

                  (a)      TIME FOR EXERCISE. Any Warrant granted hereunder
shall be exercisable at such times as determined by the Board; provided,
however, no Warrant may be exercised for a fraction of a share and no Warrant
shall be exercisable within the first six (6) months of its term, except such
latter limitation shall not apply in the event of the Director's death or
disability prior to the expiration of the six month period. Notwithstanding the
foregoing, no Warrants shall be exercisable until stockholder approval of the
Plan has been obtained.

                  (b)      PROCEDURE FOR EXERCISE. A Warrant shall be deemed to
be exercised when written notice of such exercise has been given to the Company
in accordance with the terms of the Warrant by the person entitled to exercise
the Warrant and full payment for the Shares with respect to which the Warrant is
exercised has been received by the Company. Full payment may consist of any
consideration and method of payment allowable under Section 8(c) of the Plan.
Until the issuance (as evidenced by the appropriate entry on the books of the
Company or of a duly authorized transfer agent of the Company) of the stock
certificate evidencing such Shares, no right to vote or receive dividends or any
other rights as a stockholder shall exist with respect to the Warrant Stock,
notwithstanding the exercise of the Warrant. A share certificate for the number
of Shares so acquired shall be issued to the Warrantholder as soon as
practicable after exercise of the Warrant. No adjustments will be made for a
dividend or other right for which the record date is prior to the date the stock
certificate is issued, except as provided in Section 11 of the Plan. Exercise of
a Warrant in any manner shall result in a decrease in the number of Shares which
thereafter may be available, both for purposes of the Plan and for sale under
the Warrant, by the number of Shares as to which the Warrant is exercised.

                  (c)      SECTION 16(B). Warrantholders shall be subject to
Section 16(b) of the Exchange Act and the grant or award of a Warrant hereunder
shall be deemed a purchase thereunder. The Warrants granted shall contain such
additional conditions or restrictions as may be required thereunder as of the
time of grant.

                  (d)      TERMINATION OF STATUS AS A DIRECTOR. Except as set
forth in subsection (e) and (f) below, if a Director ceases to serve as a
Director (whether voluntarily or involuntarily), he or she may, but only within
sixty (60) days after the date he or she ceases to be a Director of the Company,
exercise his or her Warrant to the extent that he or she was entitled to
exercise it at the date of such termination. Notwithstanding the foregoing, in
no event may the Warrant be exercised after its five (5) year term has expired.
To the extent that he or she was not entitled to exercise a Warrant at the date
of such termination, or if he or she does not exercise such Warrant (which he or
she was entitled to exercise) within the time specified herein, the Warrant
shall terminate.

                  (e)      DISABILITY OF WARRANTHOLDER. In the event a Director
is unable to continue his or her service as a Director with the Company as a
result of his or her permanent

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and total disability (as defined in Section 22(e)(3) of the Code), he or she
may, but only within three (3) months from the date of termination, exercise his
or her Warrant to the extent he or she was entitled to exercise it at the date
of such termination. Notwithstanding the foregoing, in no event may the Warrant
be exercised after its five (5) year term has expired. To the extent that he or
she was not entitled to exercise the Warrant at the date of termination, or if
he or she does not exercise such Warrant (which he or she was entitled to
exercise) within the time specified herein, the Warrant shall terminate.

                  (f)      DEATH OF WARRANTHOLDER. In the event of the death of
a Warrantholder:

                           (i)      during the term of the Warrant who is, at
the time of his or her death, a Director of the Company and who shall have been
in Continuous Status as a Director since the date of grant of the Warrant, then
the Warrant may be exercised, at any time within six (6) months following the
date of death, by the Warrantholder's estate or by a person who acquired the
right to exercise the Warrant by bequest or inheritance, but only to the extent
of the right to exercise that would have accrued had the Warrantholder continued
living and remained in Continuous Status as a Director for six (6) months after
the date of death. Notwithstanding the foregoing, in no event may the Warrant be
exercised after its five (5) year term has expired; or

                           (ii)     within three (3) months after the
termination of Continuous Status as a Director, the Warrant may be exercised, at
any time within six (6) months following the date of death, by the
Warrantholder's estate or by a person who acquired the right to exercise the
Warrant by bequest or inheritance, but only to the extent of the right to
exercise that had accrued at the date of termination.

                  (g)      EXPIRATION OF TERM. Notwithstanding the foregoing, in
no event may the Warrant be exercised after its five (5) year term has expired.

         10.      NON-TRANSFERABILITY OF WARRANTS. Warrants may not be sold,
pledged, assigned, hypothecated, transferred, or disposed of in any manner other
than by will or by the laws of descent or distribution or pursuant to a
qualified domestic relations order as defined in the Code or Title I of the
Employee Retirement Income Security Act, or the rules thereunder. The
designation of a beneficiary by a Warrantholder does not constitute a transfer.
A Warrant may be exercised, during the lifetime of the Warrantholder, only by
the Warrantholder or a transferee permitted by this Section 10.

         11.      ADJUSTMENTS UPON CHANGES IN CAPITALIZATION OR MERGER;
ACCELERATED EXERCISABILITY. Subject to any required action by the stockholders
of the Company, the number of shares of Common Stock covered by each outstanding
Warrant, and the number of shares of Common Stock which have been authorized for
issuance under the Plan but as to which no Warrants have yet been granted or
which have been returned to the Plan upon cancellation or expiration of a
Warrant, as well as the price per share of Common Stock

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covered by each such outstanding Warrant, shall be proportionately adjusted for
any increase or decrease in the number of issued shares of Common Stock
resulting from a stock split, reverse stock split, stock dividend, combination
or reclassification of the Common Stock, or any other increase or decrease in
the number of issued shares of Common Stock effected without receipt of
consideration by the Company; provided, however, that conversion of any
convertible securities of the Company shall not be deemed to have been "effected
without receipt of consideration." Such adjustment shall be made by the Board,
whose determination in that respect shall be final, binding and conclusive.
Except as expressly provided herein, no issuance by the Company of shares of
stock of any class, or securities convertible into shares of stock of any class,
shall affect, and no adjustment by reason thereof shall be made with respect to,
the number or price of shares of Common Stock subject to a Warrant.

         Notwithstanding anything herein to the contrary, the Warrants to be
awarded pursuant to this Plan will become immediately exercisable (i) if the
Company is to be consolidated with or acquired by another entity in a merger,
(ii) upon the sale of substantially all of the Company's assets or the sale of
at least 90% of the outstanding Common Stock to a third party, (iii) upon the
merger or consolidation of the Company with or into any other corporation or the
merger or consolidation of any corporation with or into the Company (in which
consolidation or merger the stockholders of the Company receive distributions of
cash or securities as a result thereof), or (iv) upon the liquidation or
dissolution of the Company.

         12.      TIME OF GRANTING WARRANTS. The date of grant of a Warrant
shall, for all purposes, be the date determined in accordance with Section 4(b)
hereof. Notice of the grant shall be given to each Director to whom a Warrant is
so granted within a reasonable time after the date of such grant.

         13.      AMENDMENT AND TERMINATION OF THE PLAN.

                  (a)      AMENDMENT AND TERMINATION. The Board may amend or
terminate the Plan from time to time in such respects as the Board may deem
advisable.

                  (b)      EFFECT OF AMENDMENT OR TERMINATION. Any such
amendment or termination of the Plan shall not affect Warrants already granted
and such Warrants shall remain in full force and effect as if this Plan had not
been amended or terminated, unless mutually agreed otherwise between the
Warrantholder and the Company, which agreement must be in writing and signed by
the Warrantholder and the Company.

         14.      CONDITIONS UPON ISSUANCE OF SHARES. Shares shall not be issued
pursuant to the exercise of a Warrant unless the exercise of such Warrant and
the issuance and delivery of such Shares pursuant thereto shall comply with all
relevant provisions of law, including, without limitation, the Securities Act of
1933, as amended, the Exchange Act, the rules and regulations promulgated
thereunder, state securities laws, and the requirements of any stock exchange
upon which the Shares may then be listed, and shall be further subject to the
approval of counsel for the Company with respect to such compliance.

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                  As a condition to the exercise of a Warrant, the Company may
require the person exercising such Warrant to represent and warrant at the time
of any such exercise that the Shares are being purchased only for investment and
without any present intention to sell or distribute such Shares, if, in the
opinion of counsel for the Company, such a representation is required by any of
the aforementioned relevant provisions of law.

                  The inability of the Company to obtain authority from any
regulatory body having jurisdiction, which authority is deemed by the Company's
counsel to be necessary to the lawful issuance and sale of any Shares hereunder,
shall relieve the Company of any liability in respect of the failure to issue or
sell such Shares as to which such requisite authority shall not have been
obtained.

         15.      RESERVATION OF SHARES. The Company, during the term of this
Plan, will at all times reserve and keep available such number of Shares as
shall be sufficient to satisfy the requirements of the Plan.

         16.      FORM OF WARRANT. Warrants shall be evidenced by written
warrants in such form as the Board shall approve.

         17.      INFORMATION TO WARRANTHOLDERS. The Company shall provide to
each Warrantholder, during the period for which such Warrantholder has one or
more Warrants outstanding, copies of all annual reports to stockholders, proxy
statements and other information provided to all stockholders of the Company.

         IN WITNESS WHEREOF, pursuant to the authority granted to the
undersigned by the Board, the Outside Directors' Warrant Plan is hereby adopted
and effective as of January 10, 2000.

                                             CEREUS TECHNOLOGY PARTNERS, INC.
         [SEAL]

Attest:
                                             By: /s/  Steven A. Odom
                                                 -----------------------------
                                                      Steven A. Odom,
                                                      Chief Executive Officer

/s/  Leigh S. Zoloto
Leigh S. Zoloto,
Secretary

                                       8<PAGE>   1
                                                                   EXHIBIT 4.1.2

                             STOCK PURCHASE WARRANT

         This Stock Purchase Warrant (this "Warrant") is issued this _______ day
of ________________, 1999, by State Communications, Inc., a South Carolina
corporation (the "Company"), to _____________________________ (such person or
entity and any subsequent assignee or transferee hereof are hereinafter referred
to collectively as "Holder" or "Holders").

         WHEREAS, the Company is issuing up to $5 million in debt securities
designated "Series 1999 Notes" (the "Notes") in an offering to accredited
investors (the "Notes");

         WHEREAS the agreement between the Company and purchasers of Notes is
that for each $1,000 of Notes purchased, the Company will grant to such
purchaser a warrant to purchase 36 shares of Company common stock (with lesser
amounts resulting in a pro rata reduction of the shares subject to the warrant);

         WHEREAS Holder has purchased $______________ of Notes;

         NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties agree as follows:

                                   AGREEMENT:

         1. ISSUANCE OF WARRANT; TERM. The Company hereby grants to Holder the
right to purchase _______________ shares of the Company's common stock (the
"Common Stock," and the shares of Common Stock issuable upon exercise of this
Warrant being hereinafter referred to as the "Shares"). This Warrant shall be
exercisable at any time and from time to time from the date hereof until the
third anniversary of the date hereof.

         2. EXERCISE PRICE; EXERCISE. (a) The exercise price (the "Exercise
Price") per share for which all or any of the Shares may be purchased pursuant
to the terms of this Warrant shall be Two Dollars and No Cents ($2.00). This
Warrant may be exercised by the Holder hereof (but only on the conditions
hereinafter set forth) at any time after the date hereof as to all or any
increment or increments of One Hundred (100) Shares (or the balance of the
Shares if less than such number), upon delivery of written notice of intent to
exercise to the Company at the following address: ______________________,
Greenville, SC 29601 or such other address as the Company shall designate in a
written notice to the Holder hereof, together with this Warrant and payment to
the Company of the aggregate Exercise Price of the Shares so purchased.

                  (b) The Exercise Price shall be payable, at the option of the
Holder, (i) by check, (ii) by the surrender of the Note or portion thereof
having an outstanding principal balance equal to the aggregate Exercise Price or
(iii) by the surrender of a portion of this Warrant where the Shares subject to
the portion of this Warrant that is surrendered have a fair market value (as
mutually agreed upon by the parties hereto) equal to the aggregate Exercise
Price. Upon exercise of this Warrant as aforesaid, the Company shall as promptly
as practicable, and in any event within fifteen (15) days thereafter, execute
and deliver to the Holder of this Warrant a certificate or certificates for the
total number of whole Shares for which this Warrant is being exercised in such
names and denominations as are requested by such Holder. If this Warrant shall
be exercised with respect to less than all of the Shares, the Holder shall be
entitled to receive a new Warrant covering the number of Shares in respect of
which this Warrant shall not have been exercised, which new Warrant shall in all
other respects be identical to this Warrant. The Company covenants and agrees
that it will pay when due any and all state and federal issue taxes which may be
payable in respect of the issuance of this Warrant or the issuance of any Shares
upon exercise of this Warrant.

                  (c) The Company shall at all times reserve and keep available
for issuance upon the exercise of this Warrant such number of authorized but
unissued shares of Common Stock as will be sufficient to permit the exercise in
full of this Warrant.

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         3. REPRESENTATIONS AND WARRANTIES. The Company hereby represents and
warrants as follows:

                  (a) The Company is a corporation duly organized, validly
existing and in good standing under the laws of the State of South Carolina, and
has the corporate power to own and operate its properties, to carry on its
business as now conducted, to execute, issue and deliver this Warrant, to issue
the Shares, and to perform its obligations under this Warrant. The Company is
duly qualified to do business and in good standing in each state in which a
failure to be so qualified would have a material adverse effect on the Company's
financial condition or its ability to conduct its business in the manner now
conducted.

                  (b) The execution and delivery of this Warrant and the
performance by the Company of its obligations hereunder, including the issuance
of the Shares, are within the corporate powers of the Company and have been duly
authorized by all necessary corporate action properly taken, have received all
necessary governmental approvals, if any were required, and do not and will not
contravene or conflict with any provision of law, any applicable judgment,
ordinance, regulation or order of any court or governmental agency, the charter
or bylaws of the Company, or any agreement binding upon the Company or its
properties. The officer(s) executing this Agreement, the Notes and all of the
other Loan Documents to which the Company is a party are duly authorized to act
on behalf of the Company.

                  (c) This Warrant has been duly executed and delivered by the
Company and constitutes the legal, valid and binding obligation of the Company,
enforceable in accordance with its terms, subject to limitations imposed by
bankruptcy, insolvency, moratorium or other similar laws affecting the rights of
creditors generally or the application of general equitable principles. All
Shares which may be issued upon exercise of this Warrant will, upon issuance and
payment therefor, be legally and validly issued and outstanding, fully paid and
nonassessable, free from all taxes (other than income or an intangibles tax owed
by Holder), liens, charges and preemptive rights, if any, with respect thereto
or to the issuance thereof.

                  (d) Capitalization. The authorized capital stock of the
Company consists solely of (i) 50,000,000 shares of common stock, $0.001 par
value per share, of which 10,324,462 shares are currently outstanding, (ii)
10,000,000 shares of "blank check" preferred stock, of which 4,711,672 shares of
Series 1998 Preferred Stock are authorized, issued and outstanding (all such
outstanding common stock and preferred stock being hereinafter referred to as
the "Capital Stock"). All of the outstanding shares of Capital Stock are duly
authorized, validly issued and outstanding, fully paid and nonassessable, and
were issued free of preemptive rights. Except for the currently outstanding
shares of Capital Stock, there are no shares of capital stock or other
securities of the Company issued or outstanding. Except as set forth on Schedule
A or as contemplated in this Warrant, there are no outstanding options, warrants
or rights to purchase or acquire from the Company any securities of the Company.

         4. COVENANTS AND CONDITIONS.

                  (a) Holder acknowledges as follows: Neither this Warrant nor
the Shares have been registered under the Securities Act of 1933, as amended
("Securities Act") or any state securities laws ("Blue Sky Laws"). This Warrant
has been acquired for investment purposes and not with a view to distribution or
resale and may not be sold or otherwise transferred without (i) an effective
registration statement for such Warrant under the Securities Act and such
applicable Blue Sky Laws, or (ii) an opinion of counsel, which opinion and
counsel shall be reasonably satisfactory to the Company and its counsel, that
registration is not required under the Securities Act or under any applicable
Blue Sky Laws. Transfer of the shares issued upon the exercise of this Warrant
shall be restricted in the same manner and to the same extent as the Warrant and
the certificates representing such Shares shall bear substantially the following
legend:

         THE SHARES OF COMMON STOCK REPRESENTED BY THIS CERTIFICATE HAVE NOT
         BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
         "ACT"), OR ANY APPLICABLE STATE SECURITIES LAW AND MAY NOT BE
         TRANSFERRED UNTIL (I) A REGISTRATION STATEMENT UNDER THE ACT AND SUCH
         APPLICABLE STATE SECURITIES LAWS SHALL HAVE BECOME EFFECTIVE WITH
         REGARD THERETO, OR (II) IN THE OPINION OF COUNSEL ACCEPTABLE TO THE
         COMPANY, REGISTRATION UNDER SUCH SECURITIES ACTS AND SUCH APPLICABLE
         STATE SECURITIES LAWS IS NOT REQUIRED IN CONNECTION WITH SUCH PROPOSED
         TRANSFER.

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                  (b) The Holder hereof and the Company agree to execute such
other documents and instruments as counsel for the Company reasonably deems
necessary to effect the compliance of the issuance of this Warrant and any
shares of Common Stock issued upon exercise hereof with applicable federal and
state securities laws.

         5. TRANSFER OF WARRANT. Subject to the provisions of Section 4 hereof,
this Warrant may be transferred, in whole or in part, to any person or business
entity, by presentation of the Warrant to the Company with written instructions
for such transfer. Upon such presentation for transfer, the Company shall
promptly execute and deliver a new Warrant or Warrants in the form hereof in the
name of the assignee or assignees and in the denominations specified in such
instructions. The Company shall pay all expenses incurred by it in connection
with the preparation, issuance and delivery of Warrants under this Section.
Holder shall give the Company ten (10) days prior written notice of its
intention to transfer this Warrant.

         6. WARRANT HOLDER NOT SHAREHOLDER. Except as otherwise provided herein
or in other agreements between the Company and the Holder, this Warrant does not
confer upon the Holder, as such, any right whatsoever as a shareholder of the
Company.

         7. ADJUSTMENT UPON CHANGES IN STOCK.

                  (a) If all or any portion of this Warrant shall be exercised
subsequent to any stock split, stock dividend, recapitalization, combination of
shares of the Company, or other similar event, occurring after the date hereof,
then the Holder exercising this Warrant shall receive, for the aggregate price
paid upon such exercise, the aggregate number and class of shares which such
Holder would have received if this Warrant had been exercised immediately prior
to such stock split, stock dividend, recapitalization, combination of shares, or
other similar event. If any adjustment under this Section 7(a), would create a
fractional share of Common Stock or a right to acquire a fractional share of
Common Stock, such fractional share shall be disregarded and the number of
shares subject to this Warrant shall be the next higher number of shares,
rounding all fractions upward. Whenever there shall be an adjustment pursuant to
this Section 7(a), the Company shall forthwith notify the Holder or Holders of
this Warrant of such adjustment, setting forth in reasonable detail the event
requiring the adjustment and the method by which such adjustment was calculated.

                  (b) If all or any portion of this Warrant shall be exercised
subsequent to any merger, consolidation, exchange of shares, separation,
reorganization or liquidation of the Company, or other similar event, occurring
after the date hereof, as a result of which shares of Common Stock shall be
changed into the same or a different number of shares of the same or another
class or classes of securities of the Company or another entity, or the holders
of Common Stock are entitled to receive cash or other property, then the Holder
exercising this Warrant shall receive, for the aggregate price paid upon such
exercise, the aggregate number and class of shares, cash or other property which
such Holder would have received if this Warrant had been exercised immediately
prior to such merger, consolidation, exchange of shares, separation,
reorganization or liquidation, or other similar event. If any adjustment under
this Section 7(b) would create a fractional share of Common Stock or a right to
acquire a fractional share of Common Stock, such fractional share shall be
disregarded and the number of shares subject to this Warrant shall be the next
higher number of shares, rounding all fractions upward. Whenever there shall be
an adjustment pursuant to this Section 7(b), the Company shall forthwith notify
the Holder or Holders of this Warrant of such adjustment, setting forth in
reasonable detail the event requiring the adjustment and the method by which
such adjustment was calculated.

                                       3
<PAGE>   4

         8. CERTAIN NOTICES. In case at any time the Company shall propose to
(i) declare any cash dividend upon its Common Stock; (ii) declare any dividend
upon its Common Stock payable in stock or make any special dividend or other
distribution to the holders of its Common Stock; (iii) offer for subscription to
the holders of any of its Common Stock any additional shares of stock in any
class or other rights; (iv) reorganize, or reclassify the capital stock of the
Company, or consolidate, merge or otherwise combine with, or sell all or
substantially all of its assets to, another corporation; (v) voluntarily or
involuntarily dissolve, liquidate or wind up of the affairs of the Company; or
(vi) redeem or purchase any shares of its capital stock or securities
convertible into its capital stock; then, in any one or more of said cases, the
Company shall give to the Holder of the Warrant, by certified or registered
mail, (i) at least twenty (20) days' prior written notice of the date on which
the books of the Company shall close or a record shall be taken for such
dividend, distribution or subscription rights or for determining rights to vote
in respect of any such reorganization, reclassification, consolidation, merger,
sale, dissolution, liquidation or winding up, and (ii) in the case of such
reorganization, reclassification, consolidation, merger, sale, dissolution,
liquidation or winding up, at least twenty (20) days prior written notice of the
date when the same shall take place. Any notice required by clause (i) shall
also specify, in the case of any such dividend, distribution or subscription
rights, the date on which the holders of Common Stock shall be entitled thereto,
and any notice required by clause (ii) shall specify the date on which the
holders of Common Stock shall be entitled to exchange their Common Stock for
securities or other property deliverable upon such reorganization,
reclassification, consolidation, merger, sale, dissolution, liquidation or
winding up, as the case may be.

         9. MISCELLANEOUS.

                  (a) Successors and Assigns Included in Parties. Except as
expressly provided herein, the rights and obligations under this Warrant shall
bind and inure to the benefit of their respective heirs, legal representatives,
successors-in-title and assigns, whether so expressed or not.

                  (b) Severability. If any provision(s) of this Warrant or the
application thereof to any Person or circumstance shall be invalid or
unenforceable to any extent, the remainder of this Agreement and the application
of such provisions to other Persons or circumstances shall not be affected
thereby and shall be enforced to the greatest extent permitted by law.

                  (c) Notices. Any and all notices, elections or demands
permitted or required to be made under this Warrant shall be in writing, signed
by the party giving such notice, election or demand and shall be delivered
personally, telecopied, telexed, or sent by certified mail or overnight via
nationally recognized courier service (such as Federal Express), to the other
party at the address set forth in the Loan Agreement, or at such other addresses
as may be provided in writing.

                  (d) Entire Agreement. This Warrant represents the entire
agreement between the parties concerning the subject matter hereof.

                  (e) Governing Law and Amendments. This Warrant shall be
construed and enforced under the laws of the State of South Carolina applicable
to contracts to be wholly performed in such State. This Warrant may not be
amended except by a writing signed by all parties hereto.

                  (f) Construction and Interpretation. Should any provision of
this Warrant require judicial interpretation, the parties hereto agree that the
court interpreting or construing the same shall not apply a presumption that the
terms hereof shall be more strictly construed against one party by reason of the
rule of construction that a document is to be more strictly construed against
the party that itself or through its agent prepared the same, it being agreed
that all parties and their respective agents have participated in the
preparation hereof.

                   END OF PAGE -- NEXT PAGE IS SIGNATURE PAGE

                                       4
<PAGE>   5

                    SIGNATURE PAGE OF STOCK PURCHASE WARRANT

         IN WITNESS WHEREOF, the parties hereto have set their hands as of the
date first above written.

                  COMPANY:        State Communications, Inc.,
                                  a South Carolina corporation

                                  By:______________________________________

                                  Title:___________________________________

                  HOLDER:         _________________________________ (print name)

                                  By:_______________________________ (signature)

                                  Title:________________________ (if applicable)

                                       5
<PAGE>   6

                                   SCHEDULE A

Outstanding options, warrants or rights to acquire from the Company any Company
securities.

                                       6

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