Document:

Exhibit 4(a)

This  Warrant  has not been  registered  under the  Securities  Act of 1933,  as
amended,  or applicable  state  securities  laws, nor the securities laws of any
other  jurisdiction.  This Warrant may not be sold or transferred in the absence
of an effective registration statement under those securities laws or an opinion
of counsel, in form and substance  satisfactory to the Company, that the sale or
transfer is pursuant to an exemption to the  registration  requirements of those
securities laws.

               WARRANT FOR THE PURCHASE OF SHARES OF COMMON STOCK
        (void after 5:00 p.m., New York City time, on December 11, 2007)

No. KEQ-01              1,250,000 Shares           Dated as of December 11, 2002
----------

     FOR  VALUE  RECEIVED,   NCT  GROUP,  INC.,  a  Delaware   corporation  (the
"Company"), as of the date hereof (the "Grant Date"), hereby issues this warrant
(the  "Warrant")  and certifies  that KEQ Partners III (the "Holder") is granted
the right,  subject to the  provisions  of this  Warrant,  to purchase  from the
Company,  during the period  commencing at 9:00 a.m. New York City local time on
the Grant Date and expiring,  unless earlier terminated as hereinafter provided,
at 5:00 p.m.  New York City local time on December 11, 2007 or, if such day is a
day on which banking  institutions in the City of New York are authorized by law
to  close,  then on the next  succeeding  day that  shall not be such a day (the
"Exercise  Period"),  up to One Million Two Hundred Fifty  Thousand  (1,250,000)
fully paid and non-assessable  shares of common stock, par value $.01 per share,
of the Company at a price of $0.063 per share (the  "Exercise  Price").  As used
herein,  "Common  Stock"  means the shares of common  stock,  par value $.01 per
share, of the Company as constituted on the Grant Date,  together with any other
equity  securities  that may be issued by the Company in addition  thereto or in
substitution  therefor. The number of shares of Common Stock to be received upon
the  exercise of this Warrant may be adjusted  from time to time as  hereinafter
set forth.  The Common Stock  deliverable  upon such exercise,  as adjusted from
time to time,  is  sometimes  referred to herein as the  "Warrant  Stock."  Upon
receipt by the Company of evidence  reasonably  satisfactory  to it of the loss,
theft,  destruction  or mutilation  of this  Warrant,  and (in the case of loss,
theft or  destruction)  of  reasonably  satisfactory  indemnification,  and upon
surrender  and  cancellation  of this Warrant,  if mutilated,  the Company shall
execute and  deliver a new Warrant of like tenor and date.  Any such new Warrant
executed and delivered shall constitute an additional  contractual obligation on
the part of the Company,  whether or not this Warrant so lost, stolen, destroyed
or mutilated shall be at any time enforceable by anyone. This Warrant is issued,
and all  the  rights  hereunder  are  held,  subject  to all of the  conditions,
limitations and provisions set forth herein.

     1. Exercise of Warrant.  This Warrant may be exercised in whole or in part,
at any time or from time to time,  during the  Exercise  Period.  Subject to the
restrictions  and limitations set forth above,  this Warrant may be exercised by
presentation  and  surrender  of this  Warrant to the  Company at its  principal
office, together with a completed and duly executed Warrant Exercise Form in the
form attached hereto as Exhibit 1 (the "Exercise Form"), payment (either in cash
or by certified or official bank check,  payable to the order of the Company) of
the  Exercise  Price for the number of shares of Common  Stock  specified in the
Exercise Form and instruments of transfer, if appropriate,  duly executed by the
Holder.  If this  Warrant is  exercised in part only,  the Company  shall,  upon
surrender  of this Warrant for  cancellation,  execute and deliver a new

                                       1
<PAGE>

Warrant  evidencing  the rights of the  Holder to  purchase  the  balance of the
shares purchasable  hereunder.  Upon receipt by the Company of this Warrant,  an
executed  Exercise Form, the Exercise Price and any  appropriate  instruments of
transfer, the Holder shall be deemed to be the holder of record of the shares of
Common  Stock  issuable  upon  such  exercise,  notwithstanding  that the  stock
transfer  books  of the  Company  shall  then be  closed  or  that  certificates
representing such shares of Common Stock shall not then be actually delivered to
the Holder. The Company shall pay any and all documentary stamp or similar issue
or  transfer  taxes  payable in respect  of the issue or  delivery  of shares of
Common Stock upon exercise of this Warrant.

     2.  Reservation  of Shares.  The  Company  shall at all times  reserve  for
issuance and delivery  upon  exercise of this Warrant all shares of Common Stock
of the Company from time to time receivable  upon exercise of this Warrant.  All
such shares shall be duly authorized and, when issued upon such exercise,  shall
be  validly  issued,  fully  paid,  non-assessable  and free of all  pre-emptive
rights.

     3.  Warrant Stock Transfers; Registration.

          3.1  Warrant  Stock  Transfers.  The  Warrant  Stock  may not be sold,
     exchanged, transferred, assigned or otherwise disposed of unless registered
     pursuant to the  provisions of the  Securities Act of 1933, as amended (the
     "1933 Act"),  or an opinion of counsel in form and content  satisfactory to
     the Company is  delivered  to the Company  stating  that such sale or other
     disposition  is made in compliance  with an available  exemption  from such
     registration.  Any sale or other disposition of the Warrant Stock must also
     comply with all applicable state securities laws and regulations.

          3.2  Registration.  The Company shall include the Warrant Stock in the
     next  available  registration  statement  filed  with  the  Securities  and
     Exchange Commission by the Company and pertaining to Common Stock.

     4. Fractional Shares. No fractional shares or scrip representing fractional
shares shall be issued upon the exercise of this Warrant,  but the Company shall
issue one  additional  share of its Common  Stock in lieu of each  fraction of a
share otherwise called for upon any exercise of this Warrant.

     5.  Exchange,  Transfer  or  Assignment  of  Warrant.  This  Warrant is not
registered  under the 1933 Act nor under any state securities law or regulation.
This  Warrant may not be sold,  exchanged,  transferred,  assigned or  otherwise
disposed of unless  registered  pursuant to the provisions of the 1933 Act or an
opinion of counsel in form and content  satisfactory to the Company is delivered
to the Company stating that such  disposition is in compliance with an available
exemption  from  registration.  Any  such  disposition  must  also  comply  with
applicable state securities laws and regulations.

     6.  Rights of the  Holder.  The Holder  shall  not,  by virtue  hereof,  be
entitled  to any rights of a  stockholder  of the  Company,  either at law or in
equity,  and the  rights of the Holder are  limited to those  expressed  in this
Warrant.

                                       2
<PAGE>

     7. Redemption. This Warrant is not redeemable by the Company.

     8. Anti-Dilution Provisions.

          8.1 Adjustment for Certain Dividends and Reclassifications. In case at
     any time or from time to time  after the Grant  Date the  holders of Common
     Stock (or any other  securities at the time receivable upon the exercise of
     this Warrant) shall have received, or on or after the record date fixed for
     the  determination of eligible  stockholders  shall have become entitled to
     receive without  payment  therefor,  (a) other or additional  securities or
     property (other than cash) by way of dividend, (b) any cash paid or payable
     except out of earned  surplus of the Company at the Grant Date as increased
     (decreased) by subsequent  credits (charges) thereto (other than credits in
     respect of any capital or paid-in surplus or surplus created as a result of
     a revaluation of property) or (c) other or additional (or less)  securities
     or property  (including  cash) by way of stock-split,  spin-off,  split-up,
     reclassification, combination of shares or similar corporate rearrangement,
     then, in each such case,  the Holder,  upon the exercise of this Warrant as
     provided in Section 1 hereof, shall be entitled to receive,  subject to the
     limitations and restrictions set forth herein, the amount of securities and
     property  (including  cash in the cases  referred to in clauses (b) and (c)
     above) that such Holder  would hold on the date of such  exercise if on the
     Grant  Date it had been the  holder of  record  of the  number of shares of
     Common Stock (as  constituted  on the Grant Date)  subscribed for upon such
     exercise  as provided  in Section 1 hereof and had  thereafter,  during the
     period  from the Grant  Date to and  including  the date of such  exercise,
     retained such shares and/or all other  additional (or less)  securities and
     property  (including  cash in the cases  referred to in clauses (b) and (c)
     above)  receivable by it as aforesaid during such period,  giving effect to
     all adjustments called for during such period by Section 8.2 hereof.

          8.2 Adjustment for Reorganization, Consolidation, Merger, Etc. In case
     of any  reorganization  of the  Company  (or  any  other  corporation,  the
     securities  of which are at the time  receivable  on the  exercise  of this
     Warrant)  after the Grant Date or in case after such date the  Company  (or
     any such other  corporation)  shall  consolidate with or merge into another
     corporation  or convey  all or  substantially  all of its assets to another
     corporation, then, in each such case, the Holder, upon the exercise of this
     Warrant as provided in Section 1 hereof at any time after the  consummation
     of such  reorganization,  consolidation,  merger  or  conveyance,  shall be
     entitled to receive, in lieu of the securities and property receivable upon
     the exercise of this Warrant prior to such consummation,  the securities or
     property  to  which  such  Holder  would  have  been   entitled  upon  such
     consummation  if such Holder had exercised this Warrant  immediately  prior
     thereto,  all  subject to further  adjustment  as  provided  in Section 8.1
     hereof. In each such case, the terms of this Warrant shall be applicable to
     the  securities  or property  receivable  upon the exercise of this Warrant
     after such consummation.

          8.3  Certificate as to  Adjustments.  In each case of an adjustment in
     the  number of shares of Common  Stock (or other  securities  or  property)
     receivable  upon the exercise of this Warrant,  the Company shall  promptly
     compute such  adjustment in  accordance  with the terms of this Warrant and
     deliver to the Holder a  certificate  setting  forth  such  adjustment  and
     showing in detail the facts upon which such adjustment is based,  including
     a  statement  of (a) the  consideration  received  or to be received by the
     Company for any additional  shares of Common

                                       3
<PAGE>

     Stock issued or sold or deemed to have been issued or sold,  (b) the number
     of shares of Common Stock  outstanding or deemed to be outstanding  and (c)
     the pro forma adjusted Exercise Price.

          8.4 Notices of Record Date,  Etc. In the event (a) the Company takes a
     record of the  holders  of Common  Stock (or other  securities  at the time
     receivable  upon the exercise of this Warrant) for the purpose of entitling
     them  to  receive  any  dividend  (other  than a cash  dividend)  or  other
     distribution,  or any right to subscribe for, purchase or otherwise acquire
     any shares of stock of any class or any other securities, or to receive any
     other right, (b) of any capital reorganization of the Company (other than a
     stock split or reverse stock split),  any  reclassification  of the capital
     stock of the Company,  any  consolidation  or merger of the Company with or
     into  another  corporation  (other than a merger for  purposes of change of
     domicile) or any  conveyance of all or  substantially  all of the assets of
     the Company to another  corporation  or (c) of any voluntary or involuntary
     dissolution,  liquidation or winding-up of the Company,  then, in each such
     case, the Company shall deliver to the Holder a notice  specifying,  as the
     case may be, the date on which such  record is to be taken for the  purpose
     of such  dividend,  distribution  or right  (and  stating  the  amount  and
     character  of such  dividend,  distribution  or right) or the date on which
     such reorganization,  reclassification,  consolidation, merger, conveyance,
     dissolution,  liquidation  or winding-up is to take place (and the time, if
     any is fixed,  in which the holders of record of Common Stock or such other
     securities at the time  receivable  upon the exercise of this Warrant shall
     be  entitled  to  exchange  their  shares  of  Common  Stock or such  other
     securities  for  securities  or  other  property   deliverable   upon  such
     reorganization,   reclassification,   consolidation,   merger,  conveyance,
     dissolution,  liquidation  or  winding-up).  Such notice shall be mailed at
     least twenty (20) days prior to the date of the corporate event to which it
     relates,  and this  Warrant  may be  exercised  no later than five (5) days
     prior to the date of such corporate event (if during the Exercise Period).

     9. Legend. In the event of the exercise of this Warrant and the issuance of
any Warrant Stock hereunder,  all certificates  representing Warrant Stock shall
bear on the face thereof substantially the following legend:

          THE  SECURITIES   REPRESENTED  BY  THIS   CERTIFICATE  HAVE  NOT  BEEN
          REGISTERED  UNDER  THE  SECURITIES  ACT  OF  1933,  AS  AMENDED.   THE
          SECURITIES  HAVE BEEN  ACQUIRED  FOR  INVESTMENT  AND MAY NOT BE SOLD,
          TRANSFERRED  OR ASSIGNED IN THE ABSENCE OF AN  EFFECTIVE  REGISTRATION
          STATEMENT  FOR THE  SECURITIES  UNDER THE  SECURITIES  ACT OF 1933, AS
          AMENDED,  OR AN  OPINION  OF  COUNSEL  IN FORM,  SUBSTANCE  AND  SCOPE
          REASONABLY  ACCEPTABLE  TO  THE  BORROWER  THAT  REGISTRATION  IS  NOT
          REQUIRED UNDER SAID ACT OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SAID
          ACT.  ANY SUCH SALE,  TRANSFER  OR  ASSIGNMENT  MUST ALSO  COMPLY WITH
          APPLICABLE STATE SECURITIES LAWS.

     10. Governing Law and  Jurisdiction.  This Warrant shall be governed by the
internal laws of the State of Delaware,  without regard to the conflicts of laws
principles   thereof.   The  parties  hereto  hereby  submit  to  the  exclusive
jurisdiction  of the United States  Federal  Courts

                                       4
<PAGE>

located in the state of New Jersey  with  respect to any dispute  arising  under
this Warrant.

     11. Notices.  Notices,  demands and other  communications  given under this
Agreement  shall be in  writing  and shall be deemed  to have  been  given  when
delivered  (if  personally  delivered),  on the  scheduled  date of delivery (if
delivered  via  commercial  courier),  three  days  after  mailed  (if mailed by
certified  or  registered  mail,  return  receipt  requested)  or  when  sent by
facsimile  (if  sent by  facsimile  with  evidence  of  successful  transmission
retained by the  sender);  provided,  however,  that  failure to give proper and
timely  notice as set forth in the "with a copy to"  provisions  below shall not
invalidate a notice  properly and timely given to the associated  party.  Unless
another  address or  facsimile  number is  specified  by notice  hereunder,  all
notices shall be sent as follows:

If to the Holder:                                 with a copy to:
----------------                                  --------------

KEQ Partners III                                  [N/A]
c/o Kalkines, Arky, Zall & Bernstein LLP
1675 Broadway, 27th Floor
New York, NY  10019
Attention:  Steven M. Polan, Esq.
Facsimile:  212-541-9250

If to the Company:                                with a copy to:
-----------------                                 --------------
NCT Group, Inc.                                   NCT Group, Inc.
20 Ketchum Street                                 20 Ketchum Street
Westport, CT  06880                               Westport, CT  06880
Attention:  Chief Financial Officer               Attention:  General Counsel
Facsimile:  203-226-4338                          Facsimile:  203-226-4338

     IN WITNESS WHEREOF, the Company has caused this Warrant to be signed on its
behalf,  in its corporate name, by its duly authorized  officer,  as of the date
first set forth above.

                                                  NCT GROUP, INC.

                                                  By: /s/  Michael J. Parrella
                                                  ------------------------------
                                                  Name:    Michael J. Parrella
                                                  ------------------------------
                                                  Title:   Chairman & C.E.O.
                                                  ------------------------------

                                       5
<PAGE>

                                                                       EXHIBIT 1
                                                                       ---------

                              WARRANT EXERCISE FORM
         (to be executed by the Holder in order to exercise the Warrant)

                  TO:         NCT Group, Inc.
                              20 Ketchum Street
                              Westport, CT  06880
                              Attention:  Chief Financial Officer

     The undersigned hereby irrevocably elects to exercise the within Warrant to
the extent of purchasing ____________ shares of common stock, par value $.01 per
share,  of NCT Group,  Inc. and hereby makes  payment at the rate of $______ per
share, or an aggregate of $__________, in payment therefor.

     The  undersigned  represents,  warrants and  certifies  that all offers and
sales of the common stock  received upon exercise of the within Warrant shall be
made (i) pursuant to an effective  registration  statement  under the Securities
Act of 1933, as amended (the "1933 Act"),  or pursuant to an exemption  from, or
in a transaction not subject to, the  registration  requirements of the 1993 Act
and (ii) in compliance  with applicable  state  securities laws and those of any
other applicable jurisdiction.

Instructions if stock is to be issued to other than to the registered  holder of
the within Warrant:
--------------------------------------------------------------------------------
Name:
          ----------------------------------------
Address:
          ----------------------------------------
Social Security or Taxpayer Identification Number:
                                                  ------------------------------

Dated:
      ------------------, 20--

                                                  ------------------------------
                                                  Name of Warrant Holder

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

                                       6Exhibit 4(m)

                                 NCT GROUP, INC.
                             STOCK OPTION AGREEMENT

     STOCK OPTION AGREEMENT, dated as of April 3, 2003, between NCT Group, Inc.,
a  Delaware   corporation  (the   "Company"),   and  Avant   Interactive,   Inc.
("Optionee").

     The Company  hereby grants to Optionee  options to acquire  Common Stock of
the Company upon the following terms and conditions:

     1. Grant of Options. The Company grants to Optionee options (the "Options")
to purchase up to Two Million (2,000,000) fully paid and nonassessable shares of
the Common Stock, par value $.01 per share, of the Company (the "Shares"), to be
issued upon the  exercise of the Options,  as set forth below.  Such Options are
granted  pursuant to the April 3, 2003 Second Amendment of the February 11, 2003
Consulting Agreement between the Company and Optionee (the "Agreement").

     2.  Exercise  Price.  The exercise  price of the Options shall be $.029 per
Share.  The  Company  shall  pay all  original  issue or  transfer  taxes on the
exercise of the Options.

     3. Vesting of Options. The Options shall vest as of the date hereof.

     4.  Expiration of Options.  The Options shall expire and not be exercisable
after April 3, 2008.

     5. Non-Assignability of Options.  Except as set forth in Section 12 hereof,
the Options shall not be given, granted, sold, exchanged,  transferred, pledged,
assigned  or  otherwise  encumbered  or  disposed  of by  Optionee  and shall be
exercisable only by Optionee or its agent or attorney-in-fact.

     6.  Method of Exercise of  Options.  Optionee  shall  notify the Company by
written notice sent by certified mail,  return receipt  requested,  addressed to
the Company's  principal

                                       1
<PAGE>

office,  or by hand  delivery to such  office,  as to the number of Shares which
Optionee  desires to purchase  under the options,  which written notice shall be
accompanied by Optionee's check payable to the order of the Company for the full
option price of such Shares.  As soon as  practicable  after the receipt of such
written notice, the Company shall, at its principal office, tender to Optionee a
certificate  or  certificates  issued in Optionee's  name  evidencing the Shares
purchased by Optionee hereunder.

     7. Shares of Common Stock as Investment. By accepting the Options, Optionee
agrees that any and all Shares  purchased  upon the  exercise  thereof  shall be
acquired for investment and not for  distribution,  and upon the issuance of any
or all of the  Shares  subject to the  Options,  Optionee  shall  deliver to the
Company a representation  in writing that such Shares are being acquired in good
faith for  investment  and not with a view toward  resale or  distribution.  The
Company  may  place an  appropriate  restrictive  legend on the  certificate  or
certificates evidencing such Shares.

     8. Adjustments upon Changes in  Capitalization.  In the event of changes in
the outstanding Common Stock of the Company by reason of stock dividends,  stock
splits, recapitalizations,  mergers, consolidations,  combinations, exchanges of
shares,  separations,  reorganization  or  liquidations,  the  number  of Shares
issuable  upon the exercise of the Options,  the exercise  price thereof and any
limitation  on exercise set forth in Section 3 hereof  shall be  correspondingly
adjusted by the Company. Any such adjustment in the number of Shares shall apply
proportionately  to  only  the  then  unexercised  portion  of the  Options.  If
fractional shares would result from any such adjustment, the adjustment shall be
revised to the next lower whole number of shares.

                                       2
<PAGE>

     9.  No  Rights  as  Stockholders.  Optionee  shall  have  no  rights  as  a
stockholder in respect to the shares as to which the Options shall not have been
exercised and payment made as herein provided.

     10. Board  Approval.  The Option grants  described in Section 1 hereof have
been approved by the Board of Directors of the Company.

     11. Notices.  Notices,  demands and other  communications  given under this
Stock  Option  Agreement  shall be in  writing  and shall be deemed to have been
given  when  delivered  (if  personally  delivered),  on the  scheduled  date of
delivery (if  delivered  via  commercial  courier),  three days after mailed (if
mailed by certified or registered mail,  return receipt  requested) or when sent
by facsimile  (if sent by facsimile  with  evidence of  successful  transmission
retained by the  sender);  provided,  however,  that  failure to give proper and
timely  notice as set forth in the "with a copy to"  provisions  below shall not
invalidate a notice  properly and timely given to the associated  party.  Unless
another  address or  facsimile  number is  specified  by notice  hereunder,  all
notices shall be sent as follows:

If to Optionee:                             with a copy to:
--------------                              --------------
Avant Interactive, Inc.                     Peter Rosen, Esq.
431 Route 10                                Rosen & Avigliano
Randolph, NJ  07869                         431 Route 10
                                            Randolph, NJ  07689
Facsimile:  973-328-1335                    Facsimile:  973-361-1644

If to the Company:                          with a copy to:
-----------------                           --------------
NCT Group, Inc.                             NCT Group, Inc.
20 Ketchum Street                           20 Ketchum Street
Westport, CT  06880                         Westport, CT  06880
Attention:  Chief Financial Officer         Attention:  General Counsel
Facsimile:  203-226-4338                    Facsimile:  203-226-4338

                                       3
<PAGE>

     12.  Miscellaneous.  This Stock Option  Agreement  may be amended,  and any
provision  of this Stock  Option  Agreement  may be  waived,  only via a written
instrument  executed by both  parties  hereto.  No course of dealing  between or
among any persons  having any  interest in this Stock Option  Agreement  will be
deemed  effective to modify or amend any part of this Stock Option  Agreement or
any rights or  obligations of any person under or by reason of this Stock Option
Agreement. This Stock Option Agreement and all of the provisions hereof shall be
binding upon and inure to the benefit of the parties hereto and their respective
successors  and  permitted  assigns,  except that (a) the Company may not assign
this  Stock  Option  Agreement  or any of the  Company's  rights,  interests  or
obligations hereunder except with the prior written consent of Optionee; and (b)
Optionee may not assign this Stock Option Agreement or any of Optionee's rights,
interests or obligations  hereunder except (i) with the prior written consent of
the Company, or (ii) to an individual that controls Optionee (or a family member
thereof)  or (iii) to an entity  that  controls,  is  controlled  by or is under
common control with Optionee.  Whenever  possible,  each provision of this Stock
Option Agreement will be interpreted in such manner as to be effective and valid
under  applicable  law, but if any  provision of this Stock Option  Agreement is
held to be prohibited by or invalid under applicable law, such provision will be
ineffective  only to the  extent  of such  prohibition  or  invalidity,  without
invalidating the remainder of such provision or the remaining provisions of this
Stock  Option  Agreement.  This  Stock  Option  Agreement  contains  the  entire
agreement  between the parties  with  respect to the subject  matter  hereof and
supersedes any prior understandings, agreements or representations by or between
the parties, written or oral, with respect to such subject matter. To the extent
of any inconsistency between the Agreement and this Stock Option Agreement, this
Stock  Option  Agreement  shall

                                       4
<PAGE>

prevail.   This  Stock  Option   Agreement  may  be  executed  in  one  or  more
counterparts,  any one of which need not contain the signatures of more than one
party,  and all such  counterparts  taken together shall  constitute one and the
same  instrument.  This Stock Option Agreement shall be governed by the internal
laws of the State of Delaware,  without regard to conflicts of laws  principles.
The parties  hereto hereby submit to the  exclusive  jurisdiction  of the United
States  Federal  Courts  located in the state of New Jersey with  respect to any
dispute arising under this Stock Option Agreement.

     IN WITNESS  WHEREOF,  the parties have executed this Stock Option Agreement
as of the day and year first above written.

                                              NCT GROUP, INC.

                                              By:  /s/  Michael J. Parrella
                                              ----------------------------------
                                              Michael J. Parrella
                                              Chairman & Chief Executive Officer

                                              AVANT INTERACTIVE, INC.

                                              By:  /s/  Morton Salkind
                                              ----------------------------------
                                              Name:
                                                  ------------------------------
                                              Title:
                                                  ------------------------------

                                       5
<PAGE>

                              OPTION EXERCISE FORM

        (To be executed by the Optionee in order to exercise the Option)

         TO:      NCT Group, Inc.
                  20 Ketchum Street
                  Westport, CT 06880
                  Attention:  Chief Financial Officer

     The undersigned  hereby irrevocably elects to exercise the within Option to
the extent of purchasing  __________  shares of Common Stock, par value $.01 per
share, of NCT Group, Inc. (the "Shares") and hereby makes payment at the rate of
$___.____ per share, or an aggregate of $_________, in payment therefor.

           The undersigned represents, warrants and certifies as follows:

          (a)  Optionee is  acquiring  the Shares in good faith for  purposes of
               investment  and not  with a view to the  resale  or  distribution
               thereof.

          (b)  All offers and sales of the Shares  shall be made  pursuant to an
               effective  registration  statement  under the  Securities  Act of
               1933,  as amended (the "1933  Act"),  or pursuant to an exemption
               from,  or in a  transaction  not  subject  to,  the  registration
               requirements of the 1933 Act.

Dated:
      -------------, 20--

                                            ------------------------------------
                                            (print name of Optionee)

                                            By:
                                            ------------------------------------
                                              Name:
                                                   -----------------------------
                                              Title:
                                                   -----------------------------

                                       6

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