Document:

Unassociated Document

    Exhibit
      10.1

    
 

    CERTIFICATE
      TO SET FORTH DESIGNATIONS,

    PREFERENCES,
      AND RIGHTS OF

    8%
      SERIES B CONVERTIBLE PREFERRED STOCK

    

    It
      is hereby certified
      that:

    

    
      	
               

            	
              I.

            	
              The
                name of the corporation is Accelerize New Media, Inc. (the “Corporation”),
                a Delaware corporation.

            

    

    

    
      	
               

            	
              II.

            	
              Set
                forth hereinafter is a statement of the voting powers, preferences,
                limitations, restrictions and relative rights of shares of 8% Series
                B
                Convertible Preferred Stock, hereinafter designated as contained
                in a
                resolution of the Board of Directors of the Corporation pursuant
                to a
                provision of the Certificate of Incorporation of the Corporation
                permitting the issuance of said 8% Series B Convertible Preferred
                Stock by
                resolution of the Board of
                Directors:

            

    

    

    Creation
      of 8% Series B Convertible
      Preferred Stock.  Pursuant to authority conferred upon the Board
      of Directors by the Certificate of Incorporation, said Board of Directors
      adopted a resolution providing for the designation and issuance of 144,000
      shares of 8% Series B Convertible Preferred Stock pursuant to action by the
      Board of Directors dated as of June 1, 2007, which resolution provides as
      follows:

    

    8%
      Series B Convertible Preferred Stock

    

    1.           Designation:
      Number of Shares.  The designation of said series of preferred
      stock shall be 8% Series B Convertible Preferred Stock (the
      "Series B Preferred Stock"). The number of shares of Series B Preferred Stock
      shall be 144,000.  Each share of Series B Preferred Stock shall have a
      stated value equal to $35.00 (as adjusted for any stock dividends, combinations
      or splits with respect to such shares) (the "Stated Value"), and $0.001 par
      value.  Unless otherwise resolved by the Board of Directors, the
      Corporation will not issue more than 144,000 shares of Series B Preferred Stock
      (“Original Issue”).

    

    2.           Dividends.

    

    (a)           The
      rights of the holders of outstanding shares of Series B Preferred Stock
      (“Holders”) with regard to the payment of dividends shall be junior and subject
      to the rights of the holders of the Corporation’s 10% Series A Convertible
      Preferred Stock (the “Series A Preferred Stock”).

    

    (b)           The
      Holders of outstanding shares of Series B Preferred Stock shall be entitled
      to
      receive preferential dividends out of any assets of the Corporation at the
      time
      legally available therefor, after the holders of the Series A Preferred Stock
      have received their preferential dividend amount in full, but before any
      dividend or other distribution will be paid or declared and set apart for
      payment on any shares of any Common Stock, or other class of stock presently
      authorized or to be authorized (the Common Stock, and such other stock being
      hereinafter collectively the "Junior Stock") dividends at the rate of 8% per
      annum on the Stated Value, payable quarterly in arrears on each of September
      1,
      December 1, March 1 and June 1, commencing on December 1, 2007, which dividends
      shall be paid, at the Corporation’s sole discretion in cash or in shares of the
      Corporation's Common Stock.  If the Corporation elects to pay any
      dividend in shares of Common Stock, the number of shares of Common Stock to
      be
      issued to the Holder shall be an amount equal to the quotient of (i) the
      dividend payment divided by (ii) $0.35 per share.

    

    
      
         

      

      
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          1

        
          

        

      

      
         

      

    

    (c)           Subject
      to any rights and preferences of the Series A Preferred Stock, the dividends
      on
      the Series B Preferred Stock, at the rate provided above, shall be cumulative
      whether or not declared, so that, if at any time full cumulative dividends
      at
      the rate aforesaid on all shares of the Series B Preferred Stock then
      outstanding, from the date from and after which dividends thereon are cumulative
      to the end of the quarterly dividend period next preceding such time shall
      not
      have been paid or declared and set apart for payment, or if the full dividend
      on
      all such outstanding Series B Preferred Stock for the then current dividend
      period shall not have been paid or declared and set apart for payment, the
      amount of the deficiency shall be paid or declared and set apart for payment
      before any sum shall be set apart for or applied by the Corporation or a
      subsidiary of the Corporation to the purchase, redemption or other acquisition
      of any Junior Stock.

    

    (d)           Dividends
      on all shares of the Series B Preferred Stock shall begin to accrue and be
      cumulative from and after the earlier of the date on which the Company receives
      the entire consideration for the issuance of the Series B Preferred Stock,
      another date agreed by the Company with the Placement Agent, or October 31,
      2007. A dividend period shall be deemed to commence on the day following a
      dividend payment date herein specified and to end on the next succeeding
      dividend payment date herein specified.

    

    3.           Liquidation.

    

    (a)           The
      rights of the Holders of the Series B Preferred Stock with regard to payments
      at
      liquidation shall be junior and subject to the rights of the holders of the
      Series A Preferred Stock.

    

    (b)           Subject
      to the rights and preferences of the Series A Preferred Stock holders, upon
      the
      dissolution, liquidation or winding-up of the Corporation, whether voluntary
      or
      involuntary, the Holders of the Series B Preferred Stock shall be entitled
      to
      receive before any payment or distribution shall be made on Junior Stock, out
      of
      the assets of the Corporation available for distribution to stockholders, the
      Stated Value per share of Series B Preferred Stock and all accrued and unpaid
      dividends to and including the year-end of the year of
      redemption.  Upon the payment in full of all amounts due to Holders of
      the Series B Preferred Stock, the holders of the Common Stock of the Corporation
      and any other class of Junior Stock shall receive all remaining assets of the
      Corporation legally available for distribution.  If the assets of the
      Corporation available for distribution to the Holders of the Series B Preferred
      Stock shall be insufficient to permit payment in full of the amounts payable
      as
      aforesaid to the Holders of Series B Preferred Stock upon such liquidation,
      dissolution or winding-up, whether voluntary or involuntary, then all such
      assets of the Corporation shall be distributed to the exclusion of the holders
      of shares of Junior Stock ratably among the Holders of the Series B Preferred
      Stock.

    

    
      
         

      

      
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    (c)           The
      purchase or the redemption by the Corporation of shares of any class of its
      stock, the merger or consolidation of the Corporation with or into any other
      corporation or entity (other than a merger in which the Corporation is the
      surviving or continuing corporation and which does not result in any
      reclassification, conversion, or change of the outstanding shares of Common
      Stock), or the sale or transfer by the Corporation of all or substantially
      all
      of its assets shall be deemed to be a liquidation, dissolution or winding-up
      of
      the Corporation for the purposes of this paragraph 3.

    

    4.           Conversion
      into Common Stock.  Holders of shares of Series B Preferred Stock
      shall have the following conversion rights and obligations:

    

    (a)           Subject
      to the further provisions of this paragraph 4 each Holder of shares of Series
      B
      Preferred Stock shall have the right at any time commencing after the issuance
      to the Holder of Series B Preferred Stock, to convert such shares, accrued
      and
      unpaid dividends on such shares, (collectively “Obligation Amount”) into fully
      paid and non-assessable shares of Common Stock of the Corporation determined
      in
      accordance with the Conversion Price provided in paragraph 4(b) below (the
      "Conversion Price").  All issued or accrued but unpaid dividends may
      be converted at the election of the Holder simultaneously with the conversion
      of
      principal amount of Stated Value of Series B Preferred Stock being converted
      at
      $0.35 per share, subject to adjustment as set forth in this
      section.

    

    (b)           The
      number of shares of Common Stock issuable upon conversion of the Obligation
      Amount shall equal (i) the sum of (A) the Stated Value per share being
      converted, and (B) at the Holder's election, accrued and unpaid dividends on
      such share divided by (ii) the Conversion Price.  The Conversion Price
      shall be $0.35, subject to adjustment as described herein.

     

    (c)           Holder
      will give notice of its decision to exercise its right to convert the Series
      B
      Preferred Stock or part thereof by telecopying an executed and completed Notice
      of Conversion (a form of which is annexed as Exhibit A to this Certificate
      of
      Designations) to the Corporation via confirmed telecopier transmission or
      otherwise pursuant to Section 5.5 of the Subscription Agreement (the
      "Subscription Agreement") between the Holder and the Corporation which was
      entered into under the terms of the Corporation's Confidential Private Placement
      Memorandum dated June 1, 2007.  The Holder will not be required to
      surrender the Series B Preferred Stock certificate until the Series B Preferred
      Stock has been fully converted.  Each date on which a Notice of
      Conversion is telecopied to the Corporation in accordance with the provisions
      hereof shall be deemed a Conversion Date.  The Corporation will itself
      or cause the Corporation’s transfer agent to transmit the Corporation's Common
      Stock certificates representing the Common Stock issuable upon conversion of
      the
      Series B Preferred Stock to the Holder via express courier for receipt by such
      Holder within three (3) business days after receipt by the Corporation of the
      Notice of Conversion (the "Delivery Date").  In the event the Common
      Stock is electronically transferable, then delivery of the Common Stock
must be made by electronic transfer provided request for such electronic
      transfer has been made by the Holder.  A Series B Preferred Stock
      certificate representing the balance of the Series B Preferred Stock not so
      converted will be provided by the Corporation to the Holder if requested by
      Holder, provided the Holder has delivered the original Series B Preferred Stock
      certificate to the Corporation.  To the extent that a Holder elects
      not to surrender Series B Preferred Stock for reissuance upon partial payment
      or
      conversion, the Holder hereby indemnifies the Corporation against any and all
      loss or damage attributable to a third-party claim in an amount in excess of
      the
      actual amount of the Stated Value of the Series B Preferred Stock then owned
      by
      the Holder.

    

    
      
         

      

      
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          3

        
          

        

      

      
         

      

    

    In
      the case of the exercise of the
      conversion rights set forth in paragraph 4(a), the conversion privilege shall
      be
      deemed to have been exercised and the shares of Common Stock issuable upon
      such
      conversion shall be deemed to have been issued upon the date of receipt by
      the
      Corporation of the Notice of Conversion.  The person or entity
      entitled to receive Common Stock issuable upon such conversion shall, on the
      date such conversion privilege is deemed to have been exercised and thereafter,
      be treated for all purposes as the record holder of such Common Stock and shall
      on the same date cease to be treated for any purpose as the record holder of
      such shares of Series B Preferred Stock so converted.

    

    Upon
      the conversion of any shares of
      Series B Preferred Stock, no adjustment or payment shall be made with respect
      to
      such converted shares on account of any dividend on the Common Stock, except
      that the holder of such converted shares shall be entitled to be paid any
      dividends declared on shares of Common Stock after conversion
      thereof.

    

    The
      Corporation shall not be required,
      in connection with any conversion of Series B Preferred Stock, and payment
      of
      dividends on Series B Preferred Stock to issue a fraction of a share of its
      Series B Preferred Stock or Common Stock and shall instead deliver a stock
      certificate representing the nearest whole number.

    

    (d)           The
      Conversion Price determined pursuant to Paragraph 4(b) shall be subject to
      adjustment from time to time as follows:

    

    (i)           In
      case the Corporation shall at any time (A) declare any dividend or distribution
      on its Common Stock or other securities of the Corporation other than the Series
      A Preferred Stock and the Series B Preferred Stock, (B) split or subdivide
      the
      outstanding Common Stock, (C) combine the outstanding Common Stock into a
      smaller number of shares, or (D) issue by reclassification of its Common Stock
      any shares or other securities of the Corporation, then in each such event
      the
      Conversion Price shall be adjusted proportionately so that the Holders of Series
      B Preferred Stock shall be entitled to receive the kind and number of shares
      or
      other securities of the Corporation which such Holders would have owned or
      have
      been entitled to receive after the happening of any of the events described
      above had such shares of Series B Preferred Stock been converted immediately
      prior to the happening of such event (or any record date with respect
      thereto).  Such adjustment shall be made whenever any of the events
      listed above shall occur. An adjustment made to the Conversion Price pursuant
      to
      this paragraph 4(d)(i) shall become effective immediately after the effective
      date of the event.

    

    
      
         

      

      
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          4

        
          

        

      

      
         

      

    

    (ii)           Subject
      to the preferences of the Series A Preferred holders,  for so long as
      Series B Preferred Stock is outstanding, without the prior written consent
      of
      the holders of at least a majority of the outstanding shares of Series B
      Preferred Stock the Corporation cannot (a) issue or sell, or deem to have issued
      or sold, any shares of Common Stock (including the issuance or sale of shares
      of
      Common Stock owned or held by or for the account of the Corporation); or (b)
      grant or sell or reprice any options or convertible securities (but excluding
      shares of Common Stock, options or convertible securities issued or deemed
      to
      have been issued by the Corporation in connection with an Approved Stock Plan,
      and shares of Common Stock issued as dividends to holders of Series A Preferred,
      which can be issued for a consideration per share as low as $0.15) for a
      consideration per share less than $0.35 per share.  “Approved Stock
      Plan” means any employee benefit plan which has been approved by the Board of
      Directors of the Corporation, pursuant to which the Corporation’s securities may
      be issued to any employee, officer or director for services provided to the
      Corporation in that capacity.

    

    (e)           (i)           In
      case of any merger of the Corporation with or into any other corporation or
      entity (other than a merger in which the Corporation is the surviving or
      continuing corporation and which does not result in any reclassification,
      conversion, or change of the outstanding shares of Common Stock) then unless
      the
      right to convert shares of Series B Preferred Stock shall have terminated as
      part of such merger, lawful provision shall be made so that Holders of Series
      B
      Preferred Stock shall thereafter have the right to convert each share of Series
      B Preferred Stock into the kind and amount of shares of stock and/or other
      securities or property receivable upon such merger by a Holder of the number
      of
      shares of Common Stock into which such shares of Series B Preferred Stock might
      have been converted immediately prior to such consolidation or
      merger.  Such provision shall also provide for adjustments which shall
      be as nearly equivalent as may be practicable to the adjustments provided for
      in
      sub-paragraph (d) of this paragraph 4.  The foregoing provisions of
      this paragraph 4(e) shall similarly apply to successive mergers.

    

    (ii)           In
      case of any sale or conveyance to another person or entity of the property
      of
      the Corporation as an entirety, or substantially as an entirety, in connection
      with which shares or other securities or cash or other property shall be
      issuable, distributable, payable, or deliverable for outstanding shares of
      Common Stock, then, unless the right to convert such shares shall have
      terminated, lawful provision shall be made so that the Holders of Series B
      Preferred Stock shall thereafter have the right to convert each share of the
      Series B Preferred Stock into the kind and amount of shares of stock or other
      securities or property that shall be issuable, distributable, payable, or
      deliverable upon such sale or conveyance with respect to each share of Common
      Stock immediately prior to such conveyance.

    

    (f)           Whenever
      the number of shares to be issued upon conversion of the Series B Preferred
      Stock is required to be adjusted as provided in this paragraph 4, the
      Corporation shall forthwith compute the adjusted number of shares to be so
      issued and prepare a certificate setting forth such adjusted conversion amount
      and the facts upon which such adjustment is based, and such certificate shall
      forthwith be filed with the Transfer Agent for the Series B Preferred Stock
      and
      the Common Stock; and the Corporation shall mail to each Holder of record of
      Series B Preferred Stock notice of such adjusted conversion price.

    

    
      
         

      

      
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    (g)           In
      case at any time the Corporation shall propose:

    

    (i)           to
      pay any dividend or distribution payable in shares upon its Common Stock or
      make
      any distribution (other than cash dividends) to the holders of its Common Stock;
      or

    

    (ii)           to
      offer for subscription to the holders of its Common Stock any additional shares
      of any class or any other rights; or

    

    (iii)           any
      capital reorganization or reclassification of its shares or the merger of the
      Corporation with another corporation or entity (other than a merger in which
      the
      Corporation is the surviving or continuing corporation and which does not result
      in any reclassification, conversion, or change of the outstanding shares of
      Common Stock); or

    

    (iv)           the
      voluntary dissolution, liquidation or winding-up of the
      Corporation;

    

    then,
      and
      in any one or more of said cases, the Corporation shall cause at least fifteen
      (15) days prior notice of the date on which (A) the books of the Corporation
      shall close or a record be taken for such stock dividend, distribution, or
      subscription rights, or (B) such capital reorganization, reclassification,
      merger, dissolution, liquidation or winding-up shall take place, as the case
      may
      be, to be mailed to the Transfer Agent for the Series B Preferred Stock and
      for
      the Common Stock and to the Holders of record of the Series B Preferred
      Stock.

    

    (h)           The
      term “Common Stock” as used in this Certificate of Amendment shall mean the
      $0.001 par value Common Stock of the Corporation as such stock is constituted
      at
      the date of issuance thereof or as it may from time to time be changed, or
      shares of stock of any class or other securities and/or property into which
      the
      shares of Series B Preferred Stock shall at any time become convertible pursuant
      to the provisions of this paragraph 4.

    

    (i)           The
      Corporation shall pay the amount of any and all issue taxes (but not income
      taxes) which may be imposed in respect of any issue or delivery of stock upon
      the conversion of any shares of Series B Preferred Stock, but all transfer
      taxes
      and income taxes that may be payable in respect of any change of ownership
      of
      Series B Preferred Stock or any rights represented thereby or of stock
      receivable upon conversion thereof, shall be paid by the person or persons
      surrendering such stock for conversion.

    

    (j)           If
      at any time after the Corporation's Common Stock is approved for listing on
      an
      exchange or quoted on the Nasdaq Stock Market, Inc. or in the over-the-counter
      market, if ever, and the average closing price of the Corporation's Common
      Stock
      is $1.00 or more per share for 10 consecutive trading days, then, at the
      Corporation's sole option, upon 30 days prior notice to the Holder in accordance
      with Section 11 of the Subscription Agreement the shares of Series B Preferred
      Stock are subject to mandatory conversion by the Corporation pursuant to the
      provisions of this Section.

    

    
      
         

      

      
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    5.           Voting
      Rights.  Except as otherwise provided by law, the Holders of all
      outstanding shares of Series B Preferred Stock will vote together with holders
      of Corporation's Series A Preferred Stock and the holders of the Corporation’s
      Common Stock on all matters submitted to a vote of the Corporation's
      stockholders.  Each share of Series B Preferred Stock is entitled to
      the number of votes which equals the number of shares of Common Stock into
      which
      it is then convertible.

    

    6.           Restrictions
      and Limitations. The Corporation shall not amend its certificate of
      incorporation without the approval by the Holders of at least a majority of
      the
      then outstanding shares of Series B Preferred Stock if such amendment
      would:

    

    (a)           change
      the relative seniority rights of the Holders of Series B Preferred Stock as
      to
      the payment of dividends in relation to the holders of any other capital stock
      of the Corporation, or create any other class or series of capital stock
      entitled to seniority as to the payment of dividends in relation to the Holders
      of Series B Preferred Stock;

    

    (b)           reduce
      the amount payable to the Holders of Series B Preferred Stock upon the voluntary
      or involuntary liquidation, dissolution or winding up of the Corporation, or
      change the relative seniority of the liquidation preferences of the Holders
      of
      Series B Preferred Stock to the rights upon liquidation of the holders of other
      capital stock of the Corporation, or change the dividend rights of the Holders
      of Series B Preferred Stock;

    

    (c)           cancel
      or modify the conversion rights of the Holders of Series B Preferred Stock
      provided for in Section 4 herein;

    

    (d)           reduce
      or modify the voting rights of the Holders of Series B Preferred Stock provided
      for in Section 5 herein; or

    

    (e)           cancel
      or modify the rights of the Holders of the Series B Preferred Stock provided
      for
      in this Section 6.

    

    7.           Redemption.  The
      shares of Series B Preferred Stock are redeemable at the Corporation’s sole
      discretion at any time after June 1, 2012, at a redemption price of fifty two
      and one half dollars ($52.50) per share, plus all accrued and unpaid dividends
      as of the redemption date.

    

    8.           Status
      of Converted or Redeemed Stock.  In case any shares of Series B
      Preferred Stock shall be redeemed, converted or otherwise reacquired, the shares
      so redeemed, converted or reacquired shall resume the status of authorized
      but
      unissued shares of preferred stock and shall no longer be designated as Series
      B
      Preferred Stock.

    

    9.           Authority
      to Amend.  This Certificate of Amendment was adopted by the
      Corporation’s Board of Directors as of June 1, 2007, and no stockholder consent
      was required for the adoption thereof pursuant to the authority conferred upon
      the Board of Directors by the Certificate of Incorporation of said
      Corporation.

    

    
      
         

      

      
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    10.           Registration
      Rights.   The Company has agreed to use its best efforts to
      obtain a ticker symbol under which its shares will be traded in the
      Over-The-Counter Bulletin Board (“OTC.BB”) after the Offering
      Period.  At such time as trading commences on the OTC.BB, the Company
      will use its best efforts to file within 120 days a registration statement
      covering the common shares into which the Series B shares are convertible and
      the shares subject to Common Stock Purchase Warrants.

    

    IN
      WITNESS WHEREOF, the undersigned, being the President of this Corporation,
      has
      executed this Certificate as of June 1, 2007.

    

    

    ACCELERIZE
      NEW MEDIA, INC.

    

    

    By:
      /s/ Brian Ross

    

    Brian
      Ross, President

     

     

    
      
         

      

      
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    EXHIBIT
      A

    

    NOTICE
      OF CONVERSION

    

    (To
      Be
      Executed By the Registered Holder in Order to Convert the Series B Convertible
      Preferred Stock of Accelerize New Media, Inc.)

    

    The
      undersigned hereby irrevocably elects to convert $______________ of the Stated
      Value of the above 8% Series B Convertible Preferred Stock into shares of Common
      Stock of Accelerize New Media, Inc. according to the conditions hereof, as
      of
      the date written below.

    

    Date
      of
      Conversion:________________________________________________________________________

     

    Applicable
      Conversion Price Per
      Share:__________________________________________________________

    

    Number
      of
      Common Shares Issuable Upon This
      Conversion:__________________________________________

    

    An
      8%
      Series B Convertible Preferred Stock certificate is being delivered
      herewith.  The unconverted portion of such certificate, if any, should
      be reissued and delivered to the undersigned.

    

    

    Signature:________________________________________________________________________________

    

    Print
      Name:_______________________________________________________________________________

    

    Address:_________________________________________________________________________________

     

    Deliveries
      Pursuant to this Notice of Conversion Should Be Made to:

     

    ________________________________________________________________________________________

     

    
      ________________________________________________________________________________________

    

     

    
      ________________________________________________________________________________________Unassociated Document

     

    Exhibit
      10.2

     

    EXHIBIT
      A

    SUBSCRIPTION
      AGREEMENT AND INVESTOR QUESTIONNAIRE

    

    ACCELERIZE
      NEW MEDIA, INC.

     UNIT
      OFFERING

    REGULATION
      D SUBSCRIPTION AGREEMENT

    

    YOU
      SHOULD MAKE YOUR OWN DECISION WHETHER THIS OFFERING MEETS YOUR INVESTMENT
      OBJECTIVES AND RISK TOLERANCE LEVEL. THESE SECURITIES HAVE NOT BEEN APPROVED
      OR
      DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES
      COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE
      SECURITIES COMMISSION APPROVED, DISAPPROVED, ENDORSED, OR RECOMMENDED THIS
      OFFERING, OR PASSED UPON THE ACCURACY OR ADEQUACY OF THE CONFIDENTIAL PRIVATE
      PLACEMENT MEMORANDUM DATED JUNE 1, 2007 OR THIS SUBSCRIPTION
      AGREEMENT.  ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
      NO STATE ADMINISTRATOR IN ANY JURISDICTION HAS REVIEWED THE DISCLOSURE IN THIS
      DOCUMENT. ACCELERIZE NEW MEDIA, INC. IS RELYING ON AN EXEMPTION FROM
      REGISTRATION OR QUALIFICATION IN OFFERING THE SECURITIES. NO INDEPENDENT PERSON
      HAS CONFIRMED THE ACCURACY OR TRUTHFULNESS OF THIS DISCLOSURE, NOR WHETHER
      IT IS
      COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS ILLEGAL.

    

    THESE
      SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY
      NOT
      BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE SECURITIES ACT OF 1933,
      AS AMENDED, AND THE APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION
      OR EXEMPTION THEREFROM. SUBSCRIBERS SHOULD BE AWARE THAT THEY MAY BE REQUIRED
      TO
      BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF
      TIME.

    

    THIS
      SUBSCRIPTION AGREEMENT (this “Subscription Agreement”) is made as of the ______
      day of ____________, 2007, between Accelerize New Media, Inc. a corporation
      organized under the laws of the State of Delaware (the “COMPANY”), and
      ____________________, the Subscriber (“SUBSCRIBER”), as set forth on the
      execution pages hereof.

    

    RECITALS

    

    The
      Subscriber has offered to purchase Units from the Company and the Company
      desires to accept the Subscriber’s offer to purchase the Units based solely upon
      the representations made by the Subscriber set forth herein.

    

    The
      Company and the Subscriber are executing and delivering this Subscription
      Agreement in reliance upon the exemptions from securities registration under
      the
      Securities Act of 1933, as amended (the “Securities Act”).

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 1

        
          

        

      

      
        
        

      

    

    The
      Company desires to sell, and the Subscriber desires to purchase, upon the terms
      and conditions stated in this Subscription Agreement, up to 48 Units (the
      "Units") at the price of $105,000 each. Each Unit consists of 3,000 shares
      of 8%
      Series B Convertible Preferred Stock (“Series B Preferred Stock”) and seven year
      Common Stock Purchase Warrants to purchase 105,000 shares of common stock at
      an
      exercise price of $0.35 per share ("Warrants") which together are referred
      to as
      the “Offering”).  The minimum subscription is one Unit; however, in
      the Company's sole discretion it may accept subscriptions for fractional
      Units.  The shares of common stock issuable upon the conversion of the
      Series B Preferred Stock are referred to herein as the "Preferred Common Shares"
      and the shares of common stock issuable upon exercise of the Warrants are
      referred to herein as the “Warrant Shares.”  The Units, Preferred
      Common Shares, Warrants, and the Warrant Shares are collectively referred to
      herein as the “Securities” and each of them may individually be referred to
      herein as a “Security”. The shares of common stock underlying the Series B
      Preferred Securities and the Warrants are collectively referred to herein as
      the  “Registrable Securities.”

    

    The
      Company reserves the right to increase the amount of the Offering and amend
      the
      Offering terms without notice or approval from prior subscribers in the Offering
      and we reserve the right to accept fractional units.  The Units are
      offered solely to Accredited Investors (as hereinafter defined) by Skyebanc,
      Inc. as our exclusive Placement Agent on a “best-efforts”
basis.  There is no minimum offering.

    

    The
      Subscriber understands and acknowledges that the Company is relying upon the
      representations and warranties of the Subscriber set forth in this Subscription
      Agreement without limitation.

    

    NOW,
      THEREFORE, the Company and the Subscriber hereby agree as follows:

    

    1.           Recitals.

    

    The
      above
      recitals are true and correct and constitute the terms of this Subscription
      Agreement where applicable.

    

    2.           Subscription.

    

    Subject
      to the terms and conditions of this Subscription Agreement, the Subscriber
      hereby irrevocably subscribes for and agrees to purchase the number of Units
      set
      forth on the signature page hereto and, as full payment therefore, agrees to
      pay
      to the Company, concurrently with the Subscriber’s execution and delivery of
      this Subscription Agreement, the sum of $105,000 in cash for each Unit
      purchased.

    

    The
      Offering may be modified by the Company’s management at its discretion without
      approval from or notice to Subscriber, including but not limited to, increases
      or reductions in the Unit price, Offering terms, and number and type of
      Securities contained within the Unit.  At the sole discretion of the
      Company’s management, the Company may conduct other Offerings of its securities
      while it is conducting this Offering with terms that may not be similar or
      comparable to this Offering.

    

    3.           Subscriber's
      Representations and Warranties.  As a material inducement for the
      Company to enter into this Subscription Agreement, the Subscriber represents
      and
      warrants to the Company as follows:

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 2

        
          

        

      

      
        
        

      

    

    3.1           Purchase
      for Subscriber’s Own Account.  The Subscriber is purchasing the
      Securities for the Subscriber's own account and not with a view towards the
      public sale or distribution thereof, except pursuant to sales that are exempt
      from the registration requirements of the Securities Act and/or sales registered
      under the Securities Act.  The Subscriber understands that Subscriber
      must bear the economic risk of this investment indefinitely, unless the
      Securities are registered pursuant to the Securities Act and any applicable
      state securities or blue sky laws or an exemption from such registration is
      available, and that the Company has no present intention of registering the
      resale of any such Securities.  The Subscriber understands that there
      is no public market for any of the Securities and no public market may ever
      be
      established in the future.

    

    3.2           Investment
      Intention of Subscriber.  The Subscriber understands that the
      Securities have not been registered under the Securities Act by reason of a
      claimed exemption under the provisions of the Securities Act that depends,
      in
      part, upon the Subscriber’s investment intention.  In connection with
      this, the Subscriber understands that it is the position of the Securities
      and
      Exchange Commission (“SEC”) that the statutory basis for such exemption would
      not be present if the Subscriber’s representation merely meant that its present
      intention was to hold such securities for a short period, such as the capital
      gains period of tax statutes, for a deferred sale, for a market rise, assuming
      that a market develops, or for any other fixed period.  The Subscriber
      realizes that, in the view of the SEC, a purchase now with an intent to resell
      would represent a purchase with an intent inconsistent with its representation
      to the Company, and the SEC might regard such a sale or disposition as a
      deferred sale to which such exemptions are not available.

    

    3.3           Reliance
      on Exemptions from Registration.  The Subscriber understands that
      the Securities are being offered and sold in reliance upon specific exemptions
      from the registration requirements of United States federal and state securities
      laws and that the Company is relying upon the truth and accuracy of, and the
      Subscriber's compliance with, the representations, warranties, agreements,
      acknowledgments and understandings of the Subscriber set forth herein without
      limitation in order to determine the availability of such exemptions and the
      eligibility of the Subscriber to acquire the Securities.

    

    3.4           Lack
      of Governmental Approval or Review.   The Subscriber
      understands that the Securities have not been approved or disapproved by the
      SEC
      or any State Securities Commission or any foreign governmental authority of
      any
      country nor has the SEC or any State Securities Commission or foreign
      governmental authority of any jurisdiction passed upon the accuracy of any
      information provided to the Subscriber or passed upon, or made any
      recommendation or endorsement of the securities or made any finding or
      determination as to the fairness of the Offering. The Subscriber will furnish
      evidence satisfactory to the Company of compliance with the laws of any
      jurisdiction that, in the opinion of the Company, may be applicable, and the
      Company shall be entitled to require and rely upon an opinion of counsel at
      the
      expense of Subscriber which must be satisfactory to the Company with respect
      to
      compliance with laws of any jurisdiction deemed applicable by the
      Company.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 3

        
          

        

      

      
        
        

      

    

    3.5           Accredited
      Investor Status, and Suitability.  The Subscriber has read and
      understands Rule 501(a) of Regulation D of the Securities Act and represents
      that he  is an “Accredited Investor” as that term is defined by Rule
      501(a).  The Subscriber further represents that he is knowledgeable,
      sophisticated and experienced in making, and is qualified to make decisions
      with
      respect to a variety of sophisticated and complex investments that present
      investment decisions like those involved in the purchase of the
      Securities.  The Subscriber, in reaching a decision to subscribe, has
      such knowledge and experience in financial and business matters that the
      Subscriber is capable of reading, interpreting and understanding financial
      statements and evaluating the merits and risks of an investment in the
      Securities and has the net worth to undertake such risks.  Subscriber
      has invested in securities offered by the Company and/or investments in the
      securities of companies comparable to the Company that involve non-trading,
      and/or thinly traded securities and penny stocks, unregistered securities,
      restricted securities, high risk investments, operating losses and securities
      which are not listed or quoted on any national securities
      exchange.  The Subscriber represents that in addition to its own
      ability to evaluate the investment, it has employed the services of an
      investment advisor, attorney or accountant to read all of the documents
      furnished or made available by the Company to it to evaluate the merits and
      risks of such an investment on its behalf, and that he recognizes the highly
      speculative nature of an investment in the Securities.  The Subscriber
      is familiar with the business operations and financial affairs of the
      Company.

    

    3.6           Financial
      Suitability.  Subscriber understands that Subscriber may be unable
      to liquidate the Securities and any transfer of the Securities is limited.
      The
      Subscriber’s overall commitment to investments which are not readily marketable
      is not disproportionate to Subscriber’s net worth, and the investment in the
      Securities will not cause the Subscriber’s overall investment in illiquid
      high-risk investments to become excessive in proportion to Subscriber’s assets,
      liabilities and living standards.  The Subscriber can bear the
      economic risk of an investment for an indefinite period of time and can bear
      a
      loss of the entire investment in the Securities without financial hardship
      or a
      change in its living conditions.

    

    3.7           Company
      Information.  The Subscriber understands that this Offering has
      not been registered under the Securities Act and is being made in reliance
      upon
      exemptions therefrom. Subscriber must rely upon the Subscriber’s own access to
      information about the Company and the Offering. The Subscriber has requested,
      received, reviewed, understands and considered all information it deems relevant
      in making an informed decision to purchase the Securities, including but not
      limited to the Company’s financial information, and the Subscriber has conducted
      independent due diligence in matters involving the Company. Subscriber has
      consulted with Subscriber’s legal, tax, and investment advisors regarding its
      investment in the Securities and has received their approval to invest in the
      Securities. The Subscriber hereby represents that, in Subscriber’s opinion, it
      has received information equivalent to that which would be provided to an
      Investor in a registration statement filed under the Securities
      Act.  The Subscriber understands that the Subscriber or the
      Subscriber's representatives have been and will continue to be provided with
      access to the Company's financial records.  The Subscriber has
      furnished the Subscriber’s legal, tax and financial advisors with all materials
      relating to the business, finances and operations of the Company and materials
      relating to the offer and sale of the Securities, and the Subscriber has advised
      the Company that the Offering, according to its terms, will, in the opinion
      of
      the Subscriber, be made in compliance with applicable state and federal
      securities laws.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 4

        
          

        

      

      
        
        

      

    

    3.8           Representations
      of Income or Profit.  The Subscriber is not investing in the
      Securities based upon any representation, oral or written, by any person with
      respect to the future value of, if any, or the income from, if any, the
      Securities.  Neither the Company, the Placement Agent, nor any of
      their respective officers, directors, stockholders, partners, employees or
      agents, or any other persons have represented, guaranteed or warranted, whether
      expressly or by implication, that: (i) the Company or the Subscriber will
      realize any given percentage of profits and/or amount or type of consideration,
      profit or loss as a result of the Company’s activities or the Subscriber’s
      investment in the Company; or (ii) the past performance or experience of the
      Company’s management, or of any other person, will in any way indicate
      predictable results regarding the ownership of the Company’s securities, the
      future value of the Company’s securities, or of the Company’s
      activities.

    

    3.9           Use
      of Proceeds.  Subscriber acknowledges that the Company's
      management has the sole discretion over the use of proceeds of the Offering
      and
      there are no assurances that the Company will use the proceeds as the Company
      currently intends.  As a result, the Company's management may spend
      the proceeds on a broad variety of items including, without limitation,
      operating expenses, loans, salaries, joint ventures, partnerships, or other
      business arrangements formed now or to be formed in the future, any or all
      of
      which may never be successful.  Subscriber acknowledges that it will
      have no control or ability to influence or participate in the determination
      of
      how the proceeds from this offering will be utilized and the use of the proceeds
      by management cannot currently be predicted with any accuracy.

    

    3.10        
      No Public Market.  The Company’s shares are not quoted and not
      traded on any stock exchange, and Subscriber understands and acknowledges that
      there is no guaranty that there will ever be a public market for the Company’s
      shares.

    

    3.11         Transfer,
      Resale and/or Pledge.  The Subscriber understands that the offer
      and sale of the Securities have not been and are not being registered under
      the
      Securities Act or any state securities laws, and the Securities may not be
      transferred unless:

    

    (a)           the
      transfer is made pursuant to and as set forth in an effective registration
      statement under the Securities Act covering the Securities; or

    

    (b)           the
      Subscriber shall have delivered to the Company at the Subscriber’s expense an
      opinion of counsel (which opinion shall be in form, substance, scope and law
      firm acceptable to the Company) to the effect that the Securities to be sold
      or
      transferred may be sold or transferred pursuant to an exemption from such
      registration; or

    

    (c)           sold
      under and in compliance with Rule 144 promulgated under the Securities Act
      (or a
      successor rule) (“Rule 144”); or

    

    (d)           sold
      or transferred in accordance with applicable securities laws to an affiliate
      of
      the Subscriber who agrees to sell or otherwise transfer the Securities only
      in
      accordance with the provisions of this Section and who is an Accredited
      Investor; and neither the Company nor any other person is under any obligation
      to register such Securities under the Securities Act or any state securities
      laws.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 5

        
          

        

      

      
        
        

      

    

    Notwithstanding
      the foregoing or anything else contained herein to the contrary, the Securities
      may not be pledged as collateral in connection with a bona fide margin account
      or other lending arrangement, unless such pledge is consistent with applicable
      laws, rules and regulations and at the Company’s option, the pledgor provides
      the Company with a legal opinion (which opinion shall be in form, substance,
      scope and law firm acceptable to the Company) that the pledge or other lending
      agreement is in compliance with applicable state and federal securities
      laws.

    

    3.12        Rule
      144 Resales.  The Subscriber has read and understands that Rule
      144 promulgated under the Securities Act requires, among other conditions,
      a
      one-year holding period prior to the resale (in limited amounts) of securities
      acquired in a non-public offering without having to satisfy the registration
      requirements under the Securities Act. The Subscriber understands that the
      Company makes no representation or warranty regarding its fulfillment in the
      future of any reporting requirements under the Securities Exchange Act of 1934,
      as amended (the “Exchange Act”), or its dissemination to the public of any
      current financial or other information concerning the Company, as is required
      by
      Rule 144 as one of the conditions of its availability. The Subscriber is aware
      that the safe harbor provided by Rule 144 of the Securities Act is not now
      available for Subscriber’s resale of the Securities and Rule 144 may never
      become available for Subscriber’s resale of the Securities or any portion
      thereof.

    

    3.13       Certificate
      Legends.  The Subscriber understands that the certificates
      representing the Units, the Preferred Common Shares and/or the Warrant Shares
      shall bear a restrictive legend, until such time as the securities are subject
      to an effective registration statement or otherwise may be sold by the
      Subscriber under Rule 144(k), in substantially the following form:

    

    “The
      securities represented by this certificate have not been registered under the
      Securities Act of 1933, as amended, or the securities laws of any state of
      the
      United States or in any other jurisdiction. The securities represented hereby
      may not be offered, sold or transferred in the absence of an effective
      registration statement for the securities under applicable securities laws
      unless offered, sold or transferred pursuant to an available exemption from
      the
      registration requirements of those laws.”

    

    3.14       Authorization;
      Enforcement.  This Subscription Agreement has been duly and
      validly authorized, executed and delivered on behalf of the Subscriber and
      is a
      valid and binding agreement of such Subscriber enforceable against the
      Subscriber in accordance with its terms.  If the Subscriber is a
      corporation, the corporation is duly incorporated or organized and validly
      existing in the jurisdiction of its incorporation or organization and has all
      requisite power and authority to purchase and hold the
      Securities.  The decision to invest and the execution and delivery of
      this Subscription Agreement by a corporate Subscriber, the performance of the
      obligations hereunder and the consummation of the transactions contemplated
      hereby have been duly authorized and require no other proceedings on the part
      of
      the Subscriber.  The individual signing this Subscription Agreement
      has all right, power and authority to execute and deliver this Subscription
      Agreement on behalf of the corporate Subscriber.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 6

        
          

        

      

      
        
        

      

    

    3.15      Inconsistent
      Information.  No oral or written representations have been made
      other than as stated in this Subscription Agreement, and no oral or written
      information furnished to the Subscriber or the Subscriber’s advisor(s) in
      connection with the Offering were in any way inconsistent with the information
      stated in this Subscription Agreement.

    

    3.16      Residency.  The
      Subscriber is a resident of the jurisdiction set forth under the Subscriber's
      name on the Execution Page hereto executed by such Subscriber.

    

    3.17      Affirmation.  The
      Subscriber affirms that all information that the Subscriber has provided to
      the
      Company, either directly or indirectly, concerning the Subscriber, the
      Subscriber’s financial position and the Subscriber’s knowledge of financial and
      business matters is accurate and complete as of the date of this Subscription
      Agreement. The Subscriber understands that the Company's determination that
      exemptions from the registration and qualification provisions of the Securities
      Act and applicable state securities laws exist for the offer and sale of the
      Securities is based, in part, upon the representations, warranties, agreements
      and statements made by the Subscriber herein.

    

    3.18      Remuneration
      and Commissions. The Subscriber is not aware of any remuneration or
      commission that is to be paid to any person, directly or indirectly, in
      connection with the offer, sale or purchase of the Securities other than fees
      payable to the Placement Agent, Skyebanc, Inc. (“Skyebanc”), who will receive
      10% of the gross proceeds from the Offering and Placement Agent Warrants to
      purchase up to 10% of the shares of common stock underlying Units sold in the
      Offering.

    

    3.19      Survival
      of Representations.  The Subscriber acknowledges that the
      representations, warranties and agreements made by the Subscriber herein shall
      survive the execution and delivery of this Subscription Agreement, the purchase
      of the Units, the conversion of the Series B Preferred Stock and the exercise
      of
      the Warrants.

    

    3.20      Acceptance
      by Company.  The Subscriber understands that the Company reserves
      the unrestricted right within 48 hours of acceptance of the signed subscription
      agreement, to reject or limit any subscription at its sole discretion, even
      if
      the Subscriber is an Accredited Investor and meets all of the requirements
      and
      made all required representations.

    

    3.21      Address.  The
      Subscriber hereby represents that the address of Subscriber furnished by it
      at
      the end of this Subscription Agreement is the Subscriber’s principal residence
      if it is an individual or its principal business address if it is a corporation
      or other entity and that the Company is relying upon this information to ensure
      compliance with applicable federal securities and state Blue Sky
      Laws.

    

    3.22      NASD
      Subscribers.  The Subscriber acknowledges that if he or she is a
      Registered Representative of a National Association of Security Dealers (“NASD”)
      member firm, he or she must give such firm the notice required by the NASD’s
      Rules of Fair Practice, receipt of which must be acknowledged by such firm
      on
      the signature page hereof.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 7

        
          

        

      

      
        
        

      

    

    3.23      Applicability
      of State Securities Laws.  The Subscriber acknowledges that at
      such time, if ever, as the Securities or any portion thereof are registered,
      sales of such Securities will be subject to state securities laws, including
      those of states which may require any shares sold therein to be sold through
      a
      registered broker-dealer or in reliance upon an exemption from
      registration.

    

    3.24      Foreign
      Subscribers.  If Subscriber is not a U.S. Person (as defined
      herein), such Subscriber hereby represents that such Subscriber is satisfied
      as
      to full observance of the laws of such Subscriber's jurisdiction in connection
      with any invitation to subscribe for the Securities or any use of this
      Subscription Agreement, including: (i) the legal requirements of such
      Subscriber’s jurisdiction for the purchase of the Securities, (ii) any foreign
      exchange restrictions applicable to such purpose, (iii) any governmental or
      other consents that may need to be obtained, and (iv) the income tax and other
      tax consequences, if any, which may be relevant to the purchase, holding,
      redemption, sale, or transfer of the Securities.  Such Subscriber’s
      subscription and payment for, and such Subscriber’s continued beneficial
      ownership of, the Securities will not violate any applicable securities or
      other
      laws of such Subscriber's jurisdiction.  The term “U.S. Person” as
      used herein shall mean any person who is a citizen or resident of the United
      States or Canada, or any state, territory or possession thereof, including
      but
      not limited to any estate of any such person, or any corporation, partnership,
      trust or other entity created or existing under the laws thereof, or any entity
      controlled or owned by any of the foregoing.

    

    3.25      No
      General Solicitation or Advertisement.  The Subscriber is not
      purchasing the Securities as a result of or subsequent to any advertisement,
      article, notice or other communication published in any newspaper, magazine
      or
      similar media or broadcast over television or radio, posted on the Internet,
      or
      presented at any seminar or meeting, or any solicitation of a subscription
      by a
      person other than a representative of the Company with which the subscriber
      had
      a pre-existing relationship in connection with investments in securities
      generally.

    

    3.26      No
      Escrow and Refundability. Subscriber acknowledges that all subscriptions for
      the Units are non-refundable except where prohibited by law.  The
      minimum amount that the Company will accept from any Subscriber is $105,000
      for
      one Unit, subject to its right to accept subscriptions for fractional Units
      in
      its sole discretion. The Subscriber understands that there is no minimum
      offering amount that the Company must receive from the sale of the Units prior
      to utilizing Offering proceeds and no Offering funds will be held in
      escrow.  As a result, all proceeds of the offering will be deposited
      into the operating account of the Company and utilized by the Company upon
      receipt, at its discretion.

    

    3.27.     Nominee.  The
      Subscriber represents that it is not a nominee for any other
      person.  No one other than Subscriber has any interest in or any right
      to acquire the Securities subscribed for by Subscriber.  Subscriber
      understands and acknowledges that the Company will have no obligation to
      recognize the ownership, beneficial or otherwise, of such Securities by anyone
      but Subscriber.  Subscriber is purchasing the Units from funds legally
      obtained and belonging to Subscriber and has not borrowed or otherwise received
      the funds used to purchase the Securities, or any portion thereof from any
      third
      party.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 8

        
          

        

      

      
        
        

      

    

    3.28     Binding
      Agreement; Assignment.  Subscriber acknowledges that this
      Subscription Agreement is irrevocable and may not be withdrawn, except as
      required by applicable law, and upon the signing of this Subscription Agreement,
      the Subscriber is obligated to purchase the Securities for the amount of
      consideration set forth above.  The Subscriber understands it may not
      assign this Subscription Agreement or any of the Subscriber’s rights or delegate
      any of the Subscriber’s obligations under this Subscription Agreement without
      the prior written consent of the Company.

    

    3.29     Due
      Diligence.  The Subscriber understands and acknowledges that the
      Company may be subject to unforeseen and other material risks not set in the
      Confidential Private Placement Memorandum dated June 1, 2007 and, as such,
      Subscriber must rely upon its own independent due diligence investigation of
      the
      Company in making an investment in the Units.

    

    3.30     Risk
      Factors.  The Subscriber understands that the Securities are a
      highly speculative investment involving a high degree of risk and are suitable
      only for persons or entities of substantial means who have no need for liquidity
      with respect to their investment in the Securities and who can afford a total
      loss of their entire investment without hardship or any change in living
      conditions.

    

    4.           Listing.

    

    The
      Company has agreed to use its best efforts to obtain a ticker symbol under
      which
      its shares will be traded in the Over-The-Counter Bulletin Board (“OTC.BB”)
      after the Offering Period.

    

    5.           Registration
      Statement Requirements.

    

    At
      such
      time as trading commences on the OTC.BB, the Company will use its best efforts
      to file within 120 days a registration statement covering the common shares
      into
      which the Series B shares are convertible and the shares subject to Common
      Stock
      Purchase Warrants.

    

    6.           Indemnification.  Subscriber
      will indemnify and hold harmless the Company, the Placement Agent, and each
      of
      their respective directors, officers, employees, agents, counsels and
      controlling persons from and against, and will reimburse the Company, the
      Placement Agent, and each of its respective directors, officers, employees,
      agents, counsels and controlling persons with respect to, any and all loss,
      damage, liability, cost or expense to which the Company, the Placement Agent
      or
      any such person may become subject under the Securities Act or otherwise,
      insofar as such losses, damages, liabilities, costs or expenses are caused
      by
      any untrue statement or alleged untrue statement of any fact made by Subscriber,
      or which arises therefrom or  which is based upon the omission or
      alleged omission to state therein a fact required to be stated therein or
      necessary to make the statements therein, in light of the circumstances in
      which
      they were made, not misleading, in each case to the extent, but only to the
      extent, that such untrue statement or alleged untrue statement or omission
      or
      alleged omission was so made in reliance upon information furnished by or on
      behalf of the Subscriber.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 9

        
          

        

      

      
        
        

      

    

    The
      Subscriber shall indemnify and hold harmless the Company, the Placement Agent,
      and each of their respective directors, officers, stockholders, employees,
      counsel, agents, successors and assigns from and against all losses, damages,
      liabilities or expenses (including, without limitation, attorneys’ fees), as and
      when incurred, due to or arising out of, in whole or in part, any breach of
      any
      representation or warranty made by the Subscriber set forth herein or in any
      other agreement or document furnished by the Subscriber to any of the foregoing
      in connection with this Subscription Agreement, arising out of the resale or
      distribution by the Subscriber of the Securities or any portion thereof in
      violation of the Securities Act or any applicable state securities
      laws.

    

    Promptly
      after receipt by the Company and/or Placement Agent of notice of the
      commencement of any action involving the subject matter of the indemnity
      provisions of this Subscription Agreement, the receiving party will notify
      the
      Subscriber of the commencement thereof; but the omission to so notify the
      Subscriber will not relieve it from any liability that it may have to the
      Company and/or Placement Agent otherwise than hereunder. In case such action
      is
      brought against the Company and/or Placement Agent and it/they notifies the
      Subscriber of the commencement thereof, the Subscriber shall retain counsel
      selected by the Company and pay all fees associated therewith including
      retainers securing the payment of future legal fees.

    

    7.           Miscellaneous.

    

    7.1           Counterparts.  This
      Subscription Agreement may be executed in two or more counterparts, all of
      which
      shall be considered one and the same agreement and shall become effective when
      counterparts have been signed by each party and delivered to the other
      party.  This Subscription Agreement, once executed by a party, may be
      delivered to the other parties hereto by facsimile transmission of a copy of
      this Subscription Agreement bearing the signature of the party so delivering
      this Subscription Agreement.  In the event any signature is delivered
      by facsimile transmission, the party using such means of delivery shall cause
      the manually executed Execution Page(s) hereof to be physically delivered to
      the
      other party within five (5) days of the execution hereof, provided that the
      failure to so deliver any manually executed Execution Page shall not affect
      the
      validity or enforceability of this Subscription Agreement.

    

    7.2           Headings.  The
      headings of this Subscription Agreement are for convenience of reference and
      shall not form part of, or affect the interpretation of, this Subscription
      Agreement.

    

    7.3           Severability.  If
      any provision of this Subscription Agreement shall be invalid or unenforceable
      in any jurisdiction, such invalidity or unenforceability shall not affect the
      validity or enforceability of the remainder of this Subscription Agreement
      or
      the validity or enforceability of this Subscription Agreement in any other
      jurisdiction.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 10

        
          

        

      

      
        
        

      

    

    7.4           Entire
      Agreement; Amendments.  This Subscription Agreement and the
      instruments referenced herein contain the entire understanding of Subscriber
      and
      the Company, their affiliates and persons acting on their behalf with respect
      to
      the matters covered herein and therein and, except as specifically set forth
      herein or therein, neither the Company nor any Subscriber makes any
      representation, warranty, covenant or undertaking with respect to such matters.
      No provision of this Subscription Agreement may be waived other than by an
      instrument in writing signed by the party to be charged with enforcement and
      no
      provision of this Subscription Agreement may be amended other than by an
      instrument in writing signed by the Company and Subscriber.

    

    7.5           Notices.  Any
      notices required or permitted to be given under the terms of this Subscription
      Agreement shall be sent by certified or registered mail (return receipt
      requested) or delivered personally, by responsible overnight carrier or by
      confirmed facsimile, and shall be effective five (5) days after being placed
      in
      the mail, if mailed, or upon receipt or refusal of receipt, if delivered
      personally or by responsible overnight carrier or confirmed facsimile, in each
      case addressed to a party. The addresses for such communications shall
      be:

    
      	 	
              If
                to the Company:

            	Accelerize
              New Media, Inc. 

      	 	 	
              6477
                Highway 93 South

              Suite:
                303

              Whitefish,
                MT 59937

              Telephone:
                (406) 892-2161

              Facsimile:
                (406) 892-2162

              Attention:  President

            

      	 	 	 

      	
               

            	
              If
                to any Subscriber:

            	
              To
                such address set forth under the Subscriber's name on the Execution
                Page
                hereto executed by the Subscriber.

            

    

    

    7.6           Successors
      and Assigns.  This Subscription Agreement shall be binding upon
      and inure to the benefit of the parties and their successors and assigns. Except
      as provided herein or therein, the Subscriber may not assign this Subscription
      Agreement or any rights or obligations hereunder.

    

    7.7           Third
      Party Beneficiaries.  This Subscription Agreement is intended for
      the benefit of the parties hereto and their respective permitted successors
      and
      assigns, and is not for the benefit of, nor may any provision hereof be enforced
      by, any other person.

    

    7.8           Publicity.  The
      Company shall have the right to approve, before issuance, any press releases,
      SEC statements, or any other public statements, with respect to the transactions
      contemplated hereby; the Company shall be entitled, without the prior approval
      of the Subscriber, to make any press release or SEC or NASD filings with respect
      to such transactions as is required by applicable law and
      regulations.

    

    7.9           Further
      Assurances.  The Subscriber shall do and perform, or cause to be
      done and performed, all such further acts and things, and shall execute and
      deliver all such other Subscription Agreements, certificates, instruments and
      documents, as the other party may reasonably request in order to carry out
      the
      intent and accomplish the purposes of this Subscription Agreement and the
      consummation of the transactions contemplated hereby.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 11

        
          

        

      

      
        
        

      

    

    7.10      Additional
      Acknowledgement.  The Subscriber acknowledges that it has
      independently evaluated the merits of the transactions contemplated by this
      Subscription Agreement, reviewed and understood the terms of this Subscription
      Agreement, as well as Confidential Private Placement Memorandum dated June
      1,
      2007, and the Subscriber Questionnaire. Subscriber represents that it has
      independently made a decision to enter into the transactions contemplated by
      the
      foregoing documents and agreements and it is not relying on any advice from
      or
      evaluation by any other person including other Subscribers, and is not acting
      in
      concert with any other person in making its purchase of Securities
      hereunder.

    

    7.11       Law
      and Arbitration.This Subscription Agreement shall be governed by and
      construed in accordance with the laws of the State of New York applicable to
      contracts executed and performed in such State, without giving effect to
      conflict of law principles.  All controversies, claims and matters of
      difference arising between the parties under this Subscription Agreement shall
      be submitted to binding arbitration in New York County, New York under the
      Commercial Arbitration Rules of the American Arbitration Association ("the
      AAA")
      from time to time in force (to the extent not in conflict with the provisions
      set forth herein).  The agreement to arbitrate shall be specifically
      enforceable under applicable law in any court of competent
      jurisdiction.  Notice of the demand for arbitration shall be filed in
      writing with the other parties to this Subscription Agreement and with the
      AAA.  Once the arbitral tribunal has been constituted in full, a
      hearing shall be held and an award rendered as soon as
      practicable.  The demand for arbitration shall be made within a
      reasonable time after the claim, dispute or other matter in question has arisen,
      and the parties are not making progress toward a resolution.  In no
      event shall it be made after the date when institution of legal or equitable
      proceedings based on such claim, dispute or other matter would be barred by
      the
      applicable contractual or other statutes of limitations.  The parties
      shall have reasonable discovery rights as determined by the
      arbitration.  The award rendered by the arbitrators shall be final and
      judgment may be entered in accordance with applicable law and in any court
      having jurisdiction thereof.  The decision of the arbitrators shall be
      rendered in writing and shall state the manner in which the fees and expenses
      of
      the arbitrators shall be borne.

    

    7.12       Waivers.  No
      delay on the part of any party in exercising any right, power, or privilege
      hereunder shall operate as a waiver thereof. Nor shall any waiver on the part
      of
      any party of any such right, power or privilege, nor any single or partial
      exercise of any such right, power or privilege, preclude any further exercise
      thereof or the exercise of any other such right, power or privilege. The rights
      and remedies of any party based upon, arising out of or otherwise in respect
      of
      any inaccuracy in or breach by any other party of any representation, warranty,
      covenant or agreement contained in this Subscription Agreement shall in no
      way
      be limited by the fact that the act, omission, occurrence or other state of
      facts upon which any claim of any such inaccuracy or breach is based may also
      be
      the subject matter of any other representation, warranty, covenant or agreement
      contained in this Subscription Agreement (or in any other agreement between
      the
      parties) as to which there is no inaccuracy or breach.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 12

        
          

        

      

      
        
        

      

    

    7.13      Variations
      in Pronouns.  Wherever the context shall so require, all words
      herein in the male gender shall be deemed to include the female or neuter gender
      and vice versa, all singular words shall include the plural, and all plural
      words shall include the singular. All pronouns and any variations thereof refer
      to the masculine, feminine or neuter, singular or plural, as the context may
      require.

    

    7.14      Presumption
      Against Scrivener.  Each party waives the presumption that this
      Subscription Agreement is presumed to be in favor of the party which did not
      prepare it, in case of a dispute as to interpretation.

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 13

        
          

        

      

      
        
        

      

    

    BLUE
      SKY LEGENDS

    

    NASAA
      LEGEND

    

    IN
      MAKING
      AN INVESTMENT DECISION, SUBSCRIBERS MUST RELY ON THEIR OWN EXAMINATION OF THE
      PERSON OR ENTITY CREATING THE SECURITIES AND THE TERMS OF THE OFFERING,
      INCLUDING THE MERITS AND RISKS INVOLVED. THE SECURITIES OFFERED HEREBY HAVE
      NOT
      BEEN RECOMMENDED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY
      AUTHORITY. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE
      ACCURACY OR DETERMINED THE ADEQUACY OF THIS DOCUMENT. ANY REPRESENTATION TO
      THE
      CONTRARY IS A CRIMINAL OFFENSE.

    

    NOTICE
      TO RESIDENTS OF ALL STATES

    

    THE
      SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
      OR
      THE SECURITIES LAWS OF CERTAIN STATES AND ARE BEING OFFERED AND SOLD IN RELIANCE
      ON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF SAID ACT AND SUCH
      LAWS.  THE SECURITIES ARE SUBJECT IN VARIOUS STATES TO RESTRICTIONS ON
      TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS
      PERMITTED UNDER SAID ACT AND SUCH LAWS PURSUANT TO REGISTRATION OR EXEMPTION
      THEREFROM. THE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
      SECURITIES AND EXCHANGE COMMISSION, ANY STATE SECURITIES COMMISSION OR OTHER
      REGULATORY AUTHORITY, NOR HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON
      OR
      ENDORSED THE MERITS OF THIS OFFERING OR THE ACCURACY OR ADEQUACY OF THIS
      CONFIDENTIAL TERM SHEET. ANY REPRESENTATION TO THE CONTRARY IS
      UNLAWFUL.

    

    IN
      WITNESS WHEREOF, the Subscriber and the Company have caused this Subscription
      Agreement to be duly executed as of the date first above written.

    

    SUBSCRIBER:

    

    By:______________________________

    (signature)

    

    Name:____________________________

              (print
      name)

    

    Title:_____________________________

    

    
      
        
        

      

      
        Exhibit
          A
          - Page 14

        
          

        

      

      
        
        

      

    

    AGGREGATE
      SUBSCRIPTION AMOUNT

    

    Total
      Number of Units being purchased:  _____________________

     

    Purchase
      Price (@ $105,000 per Unit):      
_____________________

     

     

    
      	RESIDENCE:	 
	 	
              (State,
                Province, Country)

            
	
              ADDRESS:

              STREET
                OR PO BOX: 

            	 
	 	 
	CITY: 	 
	 	 
	STATE
              OR PROVINCE 	 
	 	 
	COUNTRY:	 
	 	 
	POSTAL
              ZIP CODE:	 

    

     

     

    Accepted
      by ACCELERIZE NEW MEDIA, INC.

    this
      _________ day of ________________, 2007.

    

    

    

    By:__________________________

    Brian
      Ross, President

    

     

    
      
        
        

      

      
        Exhibit
          A
          - Page 15

        
          

        

      

      
        
        

      

    

    SUBSCRIBER
      QUESTIONNAIRE AND STATEMENT

    

    ACCELERIZE
      NEW MEDIA, INC. UNIT OFFERING

    

    Questionnaire

    

    Before
      any sale of securities in Accelerize New Media, Inc. (the “Company”) can be made
      to you, this Subscriber Questionnaire and Statement (the “Questionnaire”) must
      be completed by you.  The purpose of this Questionnaire is to
      determine whether you are an “accredited investor” as defined in Rule 501 of
      Regulation D promulgated by the Securities and Exchange Commission under the
      Securities Act of 1933, as amended (the “Securities Act”).

    

    1.           Name:                      _______________________________________________________________

    

    2.           Address:

    

    Home:    _________________________________________________________

    

    _________________________________________________________

    

    Telephone:________________________

    

    Business: 
      ______________________________________________________

    

    ___________________________________________________

    

    Telephone:________________________

    

    3.           Social
      Security Number or Taxpayer ID Number:_______________________

    

    4.           Occupation:
      __________________________________________________________

    

    5.           Age:_________________

    

    6.           The
      following information is required to ascertain whether you would be deemed
      an
“accredited investor” as defined in Rule 501 of Regulation D under the
      Securities Act. Please check whether you are any of the following:

    

    a.           A
      bank as defined in Section 3(a)(2) of the Securities Act, or any savings and
      loan association or other institution as defined in Section 3(a)(5)(A) of the
      Securities Act whether acting in its individual or fiduciary capacity; any
      broker or dealer registered pursuant to Section 15 of the Securities Exchange
      Act of 1934; any insurance company as defined in Section 2(13) of the Securities
      Act; any investment company registered under the Investment Company Act of
      1940
      or a business development company as defined in Section 2(a)(48) of that Act;
      any Small Business Investment Company licensed by the U.S. Small Business
      Administration under Section 301(c) or (d) of the Small Business Investment
      Act
      of 1958; any plan established and maintained by a state, its political
      subdivisions, or any agency or instrumentality of a state or its political
      subdivisions, for the benefit of its employees, if such plan has total assets
      in
      excess of $5,000,000; any employee benefit plan within the meaning of the
      Employee Retirement Income Security Act of 1974 if the investment decision
      is
      made by a plan fiduciary, as defined in Section 3(21) of such Act, which is
      either a bank, savings and loan association, insurance company, or registered
      investment adviser, or if the employee benefit plan has total assets in excess
      of $5,000,000 or, if a self-directed plan, with investment decisions made solely
      by persons that are accredited investors.

    

    
      
         

      

      
        Exhibit
          A
          - Page 16

        
          

        

      

      
         

      

    

    
      	
               

            	
              Yes____     No_____

            

    

    

    b.           A
      private business development company as defined in Section 202(a)(22) of the
      Investment Advisers Act of 1940.

    

    
      	
               

            	
              Yes_____   No_____

            

    

    

    c.           An
      organization described in Section 501(c)(3) of the Internal Revenue Code,
      corporation, Massachusetts or similar business trust, or partnership, not formed
      for the specific purpose of acquiring the securities offered, with total assets
      in excess of $5,000,000.

     

    
      	
               

            	
              Yes_____   No_____

            

    

     

    d.           A
      director or executive officer of the Company.

    

    
      	
               

            	
              Yes_____   No_____

            

    

    

    e.           A
      natural person whose individual net worth, or joint net worth with your spouse,
      at the time of your purchase exceeds $1,000,000.

    

    
      	
               

            	
              Yes_____   No_____

            

    

    

    f.           A
      natural person who had an individual income in excess of $200,000 in each of
      the
      two most recent years or joint income with your spouse in excess of $300,000
      in
      each of those years and has a reasonable expectation of reaching the same income
      level in the current year.

    

    
      	
               

            	
              Yes_____
                No_____

            

    

    

    g.           A
      trust, with total assets in excess of $5,000,000 not formed for the specific
      purpose of acquiring the securities offered, whose purchase is directed by
      a
      sophisticated person as described in Rule 506(b)(2)(ii) (i.e., directed by
      a
      person who has such knowledge and experience in financial and business matters
      that he or she is capable of evaluating the merits and risks of the prospective
      investment).

    

    
      	
               

            	
              Yes_____
                No_____

            

    

    

    h.           An
      entity in which all of the equity owners are accredited investors.

    

    
      	
               

            	
              Yes____   No_____

            

    

    

    
      
         

      

      
        Exhibit
          A
          - Page 17

        
          

        

      

      
         

      

    

    i.           Please
      indicate the amount of the current net worth, which relates to your home,
      furnishings and automobiles.$____________________

    

    7.           Investment,
      business, and educational experience:

    

    a.
      Educational background:___________________________________________

    ______________________________________________________________________

    

    b.
      Principal employment positions held during last five
      years:__________

    ______________________________________________________________________

    ______________________________________________________________________

    ______________________________________________________________________

    ______________________________________________________________________

    ______________________________________________________________________

    

    c.
      Frequency of prior investments (check one in each column):

     

    
      	
              Stocks
                and/or
                Bonds

            	
              Venture
                Capital Investments

            
	 	 
	Frequently  
                __________	
              __________  
                

            
	 	 
	Occasionally 
              __________	
              __________ 

            
	 	 
	Never             
              __________	
               __________

            

    

     

    8.           If
      you do not require the assistance or advice of a Subscriber representative,
      please indicate below whether you believe you have sufficient knowledge and
      experience in financial and business matters generally to be capable of
      evaluating the merits and risks of this investment and, if so, please sign
      the
      Subscriber Statement below:

     

    
      	
               

            	
              Yes____   No_____

            

    

     

    Subscriber
      Statement

    

    I
      represent that the foregoing information is true and correct, and that I will
      notify the Company immediately if any material change in any of such
      information, which occurs prior to the closing of the purchase of the Company's
      securities by me.  I agree to furnish to the Company additional
      information requested by it in connection with its determination of whether
      an
      offer and sale of the Company securities may be made to me.

    

    In
      connection with the proposed purchase of securities, the undersigned represents
      that he has sufficient knowledge and experience in financial and business
      matters to be capable of evaluating the merits and risks of this proposed
      investment.

    

    The
      undersigned has considered that he might have to hold the proposed investment
      for an indefinite period of time, and might have to bear a complete economic
      loss.  The undersigned represents that the information contained in
      the Questionnaire, which has been completed by the undersigned and delivered
      to
      the Company, is true and correct.

    

    
      
         

      

      
        Exhibit
          A
          - Page 18

        
          

        

      

      
         

      

    

    The
      purchase of the securities of the Company by the undersigned will be solely
      for
      the account of the undersigned and not for the account of any other person
      and
      will not be made with a view to any resale or distribution thereof.

    

    The
      undersigned recognizes that the proposed investment is being offered in a manner
      that is intended to comply with the requirements of Regulation D under the
      Securities Act of 1933, as amended, and that any acceptance of the undersigned's
      Subscription Agreement by the Company will have been induced by the reliance
      of
      the Company on the correctness of the representations contained therein and
      herein.

    

    The
      undersigned acknowledges his, her or its understanding of the contents of the
      Subscription Agreement.

    

    EXECUTION
      BY AN INDIVIDUAL (Not applicable to entities)

    

    I
      represent that the foregoing information is true and correct.

    

    Dated:
      ________________, 2007

    _____________________________________________

    (Name
      of
      Investor - Please Print)

    

    _____________________________________________

    (Signature)

    

    _____________________________________________

    (Name
      of
      Co-Investor - Please Print)

    

    _____________________________________________

    (Signature
      of Co-Investor)

    

    EXECUTION
      BY AN ENTITY (Not applicable to
      individuals)

    

    I
      represent that the foregoing information is true and correct.

    

    Dated:
      ________________, 2007

    

    _____________________________________________

    (Print
      Name of Company/Partnership)

    

    By:__________________________________________

    (Signature
      of authorized corporate officer/partner)

    

    _____________________________________________

    (Print
      Name and Capacity)

    
 

    Exhibit
      A
      - Page 19

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