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<SEC-DOCUMENT>0000897069-04-001879.txt : 20041102
<SEC-HEADER>0000897069-04-001879.hdr.sgml : 20041102
<ACCEPTANCE-DATETIME>20041101173201
ACCESSION NUMBER:		0000897069-04-001879
CONFORMED SUBMISSION TYPE:	8-K/A
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20041025
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20041102
DATE AS OF CHANGE:		20041101

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WIDEPOINT CORP
		CENTRAL INDEX KEY:			0001034760
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				522040275
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23967
		FILM NUMBER:		041111053

	BUSINESS ADDRESS:	
		STREET 1:		20251 CENTURY BOULEVARD
		STREET 2:		SUITE 333
		CITY:			GERMANTOWN
		STATE:			MD
		ZIP:			20874
		BUSINESS PHONE:		3013539500

	MAIL ADDRESS:	
		STREET 1:		20251 CENTURY BLVD
		CITY:			GERMANTOWN
		STATE:			MD
		ZIP:			20874

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ZMAX CORP
		DATE OF NAME CHANGE:	19970530
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>cmw1005.htm
<DESCRIPTION>AMENDMENT 1
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>

<BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CURRENT REPORT FOR ISSUERS SUBJECT TO THE<BR>
1934 ACT REPORTING REQUIREMENTS </FONT></H1>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM 8-K/A No. 1</FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON, DC 20549 </FONT></H1>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CURRENT REPORT </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to Section 13 or 15(d) of the
Securities Exchange Act </FONT></H1>

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<HR SIZE=2 NOSHADE WIDTH=25% ALIGN=CENTER>

<BR>


<TABLE WIDTH="500" CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>October 25, 2004</B> </FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Date of Report <BR>
(Date of Earliest Event Reported)</FONT></TD></TR>
</TABLE>

<BR><BR>


<TABLE WIDTH="500" CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>WIDEPOINT CORPORATION</B> </FONT><HR WIDTH=85% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Exact name of registrant as specified in its charter)</FONT></TD></TR>
</TABLE>

<BR>

<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="Top" ALIGN="Center">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Delaware</B> </FONT><HR WIDTH=65% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD WIDTH="33%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>000-23967</B> </FONT><HR WIDTH=90% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD WIDTH="33%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>52-2040275</B> </FONT><HR WIDTH=65% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN="Top" ALIGN="Center">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(State or Other Jurisdiction<BR>of Incorporation)</FONT></TD>
     <TD WIDTH="33%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Commission File Number)</FONT></TD>
     <TD WIDTH="33%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;(I.R.S. Employer<BR>Identification No.)</FONT></TD></TR>
</TABLE>

<BR>

<TABLE WIDTH="500" CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>One Lincoln Centre, Oakbrook Terrace, Illinois&nbsp;&nbsp;60181</B> </FONT><HR WIDTH=85% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Address of principal executive offices, including zip code)</FONT></TD></TR>
</TABLE>

<BR>


<TABLE WIDTH="500" CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>630-629-0003</B> </FONT><HR WIDTH=85% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="100%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Registrant&#146;s telephone number, including area code)</FONT></TD></TR>
</TABLE>
<BR><BR>




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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned registrant hereby amends the following items, financial statements, exhibits
or other portions of its Current Report on Form 8-K filed October 29, 2004, as set forth
in the pages attached hereto:  </FONT></P>



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<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Facing
Page &#150; Correct Date of Report </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item
9.01(c) &#150; Exhibits </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this amendment to be
signed on its behalf by the undersigned, thereunto duly authorized. </FONT></P>



<BR>

<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH COLSPAN="2" ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">WIDEPOINT CORPORATION<BR><BR><BR></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Date:&nbsp;&nbsp;November 1, 2004</FONT></TD>
     <TD WIDTH="4%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By:&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="46%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>/s/&nbsp;&nbsp;Steve Komar</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Steve Komar<BR>
President and Chief Executive Officer
</FONT>
</TD></TR>
</TABLE>
<BR>




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<BR>


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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Facing Page  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Date of Report set forth on the facing page, which was incorrectly set forth as September
30, 2004 in the original Form 8-K filed on October 29, 2004, is corrected to be October
25, 2004.  </FONT></P>



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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 9.01:</B> </FONT> </TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Financial
Statements and Exhibits</B> </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>(c)</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Exhibits.</B> </FONT></TD>
</TR>
</TABLE>
<BR>


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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        10.1 </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Preferred
Stock Purchase Agreement Between WidePoint                        Corporation and Barron
Partners LP </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        10.2 </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Common
Stock Purchase Warrant between WidePoint Corporation and Barron Partners LP </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        10.3 </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration
Rights Agreement between WidePoint Corporation and Barron Partners LP </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        10.4 </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Certificate
Of Designations, Rights And Preferences                        Of The Series A
Convertible Preferred Stock between WidePoint Corporation and Barron
                       Partners LP </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>        10.5 </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Stock
Purchase Agreement between WidePoint Corporation, Operational Research Consultants,
                       Inc. </FONT></TD>
</TR>
</TABLE>
<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>




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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></P>


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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>cmw1005b.htm
<DESCRIPTION>PREFERRED STOCK PURCHASE AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE>
</TITLE>
</HEAD>
<BODY>

<BR><BR><BR><BR><BR><BR>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>PREFERRED STOCK
PURCHASE AGREEMENT </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>BETWEEN </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>WIDEPOINT CORPORATION </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>AND </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>BARRON PARTNERS LP </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>DATED </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>OCTOBER 20, 2004 </FONT></H1>

<BR><BR><BR><BR><BR><BR>


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<BR>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PREFERRED STOCK
PURCHASE AGREEMENT </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
PREFERRED STOCK PURCHASE AGREEMENT (the &#147;<B><U>Agreement</U></B>&#148;) is
made and entered into as of the 20th day of October, 2004 by and among<B> WIDEPOINT
CORPORATION, </B>a corporation organized and existing under the laws of the State of
Delaware (&#147;<B><U>WIDEPOINT</U></B>&#148; or the
&#147;<B><U>Company</U></B>&#148;), and Barron Partners L.P., a Delaware limited
partnership (hereinafter referred to collectively as
&#147;<B><U>Investor</U></B>&#148;). </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>PRELIMINARY STATEMENT</U>: </FONT> </H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>,
the Investor wishes to purchase from the Company, upon the terms and subject to the
conditions of this Agreement, Two Million Dollars ($2,000,000.00) worth of preferred stock
of the Company, with such preferred stock being as described in the Certificate of
Designations, Rights and Preferences attached hereto as <U>Exhibit A</U> (the
<B>&#147;<U>Preferred Stock</U>&#148;</B>). The Preferred Stock shall be convertible into
shares of common stock of the Company at any time after the payment by the Investor to the
Company of a conversion price of seventeen and one half cents ($0.175) per share (the
<B>&#147;<U>Conversion Price</U>&#148;</B>). In addition, the Company will issue to the
Investor Common Stock Purchase Warrants (the <B>&#147;<U>Warrants</U>&#148;</B>) to
purchase up to an additional 5,714,286 shares of common stock of the Company at an
exercise price of forty cents ($0.40) per common share; and </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>,
the parties intend to memorialize the purchase and sale of such Preferred Stock and the
Warrants. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>NOW,
THEREFORE</B>, in consideration of the mutual covenants and premises contained herein, and
for other good and valuable consideration, the receipt and adequacy of which are hereby
conclusively acknowledged, the parties hereto, intending to be legally bound, agree as
follows: </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE I </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>INCORPORATION BY
REFERENCE, SUPERSEDER AND DEFINITIONS</U> </FONT> </H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">1.1 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>Incorporation
by Reference</B></U>. The foregoing recitals and the Exhibits attached hereto and referred to
herein, are hereby acknowledged to be true and accurate, and are incorporated herein by
this reference. </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">1.2 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>Superseder</B></U>.
This Agreement, to the extent that it is inconsistent with any other instrument or
understanding among the parties governing the affairs of the Company, shall supersede
such instrument or understanding to the fullest extent permitted by law. A copy of this
Agreement shall be filed at the Company&#146;s principal office. </FONT> </P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 1 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.3 &nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Definitions</U>. For purposes of this Agreement, the following capitalized terms shall
have the following meanings (all capitalized terms used in this Agreement that are not
defined in this Article 1 shall have the meanings set forth elsewhere in this Agreement):  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.1&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>1933
Act</U></B>&#148; means the Securities Act of 1933, as amended.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.2&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>1934
Act</U></B>&#148; means the Securities Exchange Act of 1934, as amended.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.3
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Affiliate</U></B>&#148; means a Person or Persons
directly or indirectly, through one or more intermediaries, controlling, controlled by or
under common control with the Person(s) in question. The term &#147;control,&#148; as
used in the immediately preceding sentence, means, with respect to a Person that is a
corporation, the right to the exercise, directly or indirectly, of more than 50 percent
of the voting rights attributable to the shares of such controlled corporation and, with
respect to a Person that is not a corporation, the possession, directly or indirectly, of
the power to direct or cause the direction of the management or policies of such
controlled Person.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.4
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Articles</U></B>&#148;. The Certificate of
Incorporation of the Company, as the same may be amended from time to time.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.5
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Closing Date</U></B>&#148; means the payment of Two
Million Dollars ($2,000,000.00) by the Investor to the Company pursuant to this Agreement
to purchase the Preferred Stock, which shall occur on or before October 21, 2004.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.6
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Common Stock</U></B>&#148; means shares of common
stock of the Company, par value $0.001 per share  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.7
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Effective  Date</U></B>&#148;  shall  mean  the  date
 the  Registration  Statement  of the  Company covering the Shares being subscribed for
hereby is declared effective.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.8
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Escrow  Agreement</U></B>&#148;  shall  mean  the
 escrow  agreement  between  the  Company  and the Investor attached hereto as Exhibit D.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.9
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U> Material Adverse  Effect</U></B>&#148; shall mean any
adverse  effect on the business,  operations, properties or financial condition of the
Company that is material and adverse to the Company and its subsidiaries and affiliates,
taken as a whole and/or any condition, circumstance, or situation that would prohibit or
otherwise materially interfere with the ability of the Company to perform any of its
material obligations under this Agreement or the Registration Rights Agreement or to
perform its obligations under any other material agreement.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 2  </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.10
&nbsp;&nbsp;&nbsp;&nbsp;<B>&#147;<U>Delaware Act</U>&#148;</B> means the Delaware General Corporation
Law, as amended. </FONT> </P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.11
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Person</U>&#148;</B> means an individual,
partnership, firm, limited liability company, trust, joint venture, association,
corporation, or any other legal entity.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.12
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Purchase Price</U></B>&#148; means the $2,000,000.00
paid by the Investor to the Company for the Preferred Stock and the Warrants.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.13
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Registration Rights Agreement</U></B>&#148; shall
mean the registration rights agreement between the Investor and the Company attached
hereto as <U>Exhibit B</U>.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.14
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Registration Statement</U></B>&#148; shall mean the
registration statement under the 1933 Act to be filed with the Securities and Exchange
Commission for the registration of the Shares pursuant to the Registration Rights
Agreement attached hereto as <U>Exhibit B</U>.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.15
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>SEC</U></B>&#148;  means the Securities and Exchange
Commission.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.16
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>SEC Documents</U></B>&#148; shall mean the Company&#146;s
latest Form 10-K or 10-KSB as of the time in question, all Forms 10-Q or 10-QSB and 8-K
filed thereafter, and the Proxy Statement for its latest fiscal year as of the time in
question until such time as the Company no longer has an obligation to maintain the
effectiveness of a Registration Statement as set forth in the Registration Rights
Agreement.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.17
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Shares</U></B>&#148; shall mean, collectively, the
shares of Common Stock of the Company issued upon conversion of the Preferred Stock
subscribed for hereunder and those shares of Common Stock issuable to the Investor upon
exercise of the Warrants.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.18
&nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Warrants</U></B>&#148; shall mean the Common Stock
Purchase Warrants in the form attached hereto <U>Exhibit C.</U> </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE II </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SALE AND PURCHASE OF
WIDEPOINT PREFERRED <BR>STOCK AND WARRANTS PURCHASE PRICE </FONT></H1>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">2.1 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>Sale of
Preferred Stock and Issuance of Warrants</B></U>. </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Upon
the terms and subject to the conditions set forth herein, and in accordance
          with applicable law, the Company agrees to sell to the Investor, and the
          Investor agrees to purchase from the Company, on the Closing Date 1,142,857
          shares of Preferred Stock and the Warrants for the purchase price (the
          &#147;Purchase Price&#148;) of Two Million Dollars ($2,000,000.00). The
Purchase           Price shall be paid by the Investor to the Company on the Closing Date
by a wire           transfer of the Purchase Price into escrow to be held by the escrow
agent           pursuant to the terms of the Escrow Agreement. The Company shall cause
the           Preferred Stock and the Warrants to be issued to the Investor upon the
release           of the Purchase Price to the Company by the escrow agent pursuant to
the terms           of the Escrow Agreement. The Company shall register the shares of
Common Stock           into which the Preferred Stock is convertible pursuant to the
terms and           conditions of a Registration Rights Agreement attached hereto as <U>Exhibit
          B</U>.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 3  </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Preferred Stock shall be convertible by the Investor into an aggregate total           of
11,428,570 shares of Common Stock (the &#147;Conversion Shares&#148;);
          provided, however, that the Investor shall not be entitled to convert the
          Preferred Stock into shares of Common Stock that would result in beneficial
          ownership by the Investor and its affiliates of more than 4.99% of the then
          outstanding number of shares of Common Stock on such date; provided, however,
          that the Investor may revoke the restriction described in this paragraph upon
          sixty-one (61) days prior written notice from the Investor to the Company, but
          in such event the Investor hereby agrees that no person or entity (including
but           not limited to the Investor and its affiliates) shall have any right to
vote           twenty-five percent (25%) of the shares of Common Stock, including but not
          limited to all Conversion Shares, then held by or at the direction of or for
the           benefit of the Investor and/or its affiliates. For the purposes of the
          immediately preceding sentence, beneficial ownership shall be determined in
          accordance with Section 13(d) of the Securities Exchange Act of 1934, as
          amended, and Regulation 13d-3 thereunder.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Upon
execution and delivery of this Agreement and the Company&#146;s receipt of           the
Purchase Price from the escrow agent pursuant to the terms of the Escrow
          Agreement, the Company shall issue to the Investor the Warrant to purchase an
          aggregate of 5,714,286 shares of Common Stock at an exercise price of $0.40 per
          share, all pursuant to the terms and conditions of the form of Warrant attached
          hereto as <U>Exhibit C; </U>provided, however, that the Investor shall not be
          entitled to exercise the Warrant and receive shares of Common Stock that would
          result in beneficial ownership by the Investor and its affiliates of more than
          4.99% of the then outstanding number of shares of Common Stock on such date;
          provided, however, that the Investor may revoke the restriction described in
          this paragraph upon sixty-one (61) days prior written notice from the Investor
          to the Company, but in such event the Investor hereby agrees that no person or
          entity (including but not limited to the Investor and its affiliates) shall
have           any right to vote twenty-five percent (25%) of the shares of Common Stock,
          including but not limited to all shares of Common Stock issued upon exercise of
          the Warrant, then held by or at the direction of or for the benefit of the
          Investor and/or its affiliates. For the purposes of the immediately preceding
          sentence, beneficial ownership shall be determined in accordance with Section
          13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3
          thereunder.  </FONT></P>


<BR><BR><BR><BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 4  </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Purchase
Price</U>.</B> The Purchase Price shall be delivered by the Investor in the form of a
check or wire transfer made payable to the Company in United States Dollars from the
Investor to the escrow agent pursuant to the Escrow Agreement on the Closing Date.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE III </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CLOSING DATE AND
DELIVERIES AT CLOSING </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Closing
Date</U></B> The closing of the transactions contemplated by this Agreement (the &#147;<B><U>Closing</U></B>&#148;),
unless expressly determined herein, shall be held at the offices of the Company, at 5:00
P.M. local time, on the Closing Date or on such other date and at such other place as may
be mutually agreed by the parties, including closing by facsimile with originals to
follow.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Deliveries
by the Company</U>.</B> In addition to and without limiting any other provision of this
Agreement, the Company agrees to deliver, or cause to be delivered, to the escrow agent
under the Escrow Agreement, the following:  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;
               At or prior to Closing, an executed Agreement;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;
               At or prior to Closing, an executed Warrant in the name of the Investor in
the                form attached hereto as <U>Exhibit C</U>;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;
               At or prior to Closing, an executed Registration Rights Agreement between
the                Investor and the Company in the form attached hereto as <U>Exhibit B</U>;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;
               At or prior to Closing, confirmation that the provisions of Paragraphs 6.6
and                6.7 herein have been satisfied or commenced, as appropriate;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;
               At or prior to the Closing, an executed Escrow Agreement; and  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;
               Such other documents or certificates as shall be reasonably requested by
the                each Investor or its counsel.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Deliveries
by Investor.</U></B> In addition to and without limiting any other provision of this
Agreement, the Investor agrees to deliver, or cause to be delivered, to the escrow agent
under the Escrow Agreement, the following:  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;          At
or prior to Closing, the aggregate amount of Two Million Dollars
          ($2,000,000.00);  </FONT></P>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;
At or prior to Closing, an executed Agreement;  </FONT></P>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;At
or           prior to Closing, an executed Registration Rights Agreement between the
Investor           and the Company in the form attached hereto as <U>Exhibit B</U>; and  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;Such
other documents or certificates as shall be reasonably requested by the Company or
its counsel.  </FONT></P>



<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 5  </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In the event any document provided to
the other party in Paragraphs 3.2 and 3.3 herein are provided by facsimile, the party
shall forward an original document to the other party within seven (7) business days. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.4&nbsp;&nbsp;&nbsp;&nbsp;<B><U>Further
Assurances</U></B>. The Company and the Investor shall, upon request, on or after the
Closing Date, cooperate with each other (specifically, the Company shall cooperate with
the Investor, and the Investor shall cooperate with the Company) by furnishing any
additional information, executing and delivering any additional documents and/or other
instruments and doing any and all such things as may be reasonably required by the
parties or their counsel to consummate or otherwise implement the transactions
contemplated by this Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.5&nbsp;&nbsp;&nbsp;&nbsp;<B><U>Waiver.</U></B> The
Investor may waive any of the requirements of Section 3.2 of this Agreement, and the
Company at its discretion may waive any of the provisions of Section 3.3 of this
Agreement. The Investor may also waive any of the requirements of the Company under the
Escrow Agreement.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE IV </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>REPRESENTATIONS AND
WARRANTIES OF WIDEPOINT </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WIDEPOINT
represents and warrants to the Investor (which warranties and representations shall
survive the Closing regardless of what examinations, inspections, audits and other
investigations the Investor has heretofore made or may hereinafter make with respect to
such warranties and representations) as follows: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Organization
and Qualification</U></B>. WIDEPOINT is a corporation duly organized, validly existing
and in good standing under the laws of the State of Delaware, and has the requisite
corporate power and authority to own, lease and operate its properties and to carry on
its business as it is now being conducted and is duly qualified to do business in any
other jurisdiction by virtue of the nature of the businesses conducted by it or the
ownership or leasing of its properties, except where the failure to be so qualified will
not, when taken together with all other such failures, have a Material Adverse Effect on
the business, operations, properties, assets, financial condition or results of operation
of WIDEPOINT and its subsidiaries taken as a whole.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 6 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Articles
of Incorporation and By-Laws</U></B>. The complete and correct copies of WIDEPOINT&#146;s
Articles of Incorporation and By-Laws, as amended or restated to date which have been
filed with the Securities and Exchange Commission are a complete and correct copy of such
document as in effect on the date hereof and as of the Closing Date.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.3 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>Capitalization</B></U>. </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3.1&nbsp;&nbsp;&nbsp;&nbsp;
The  authorized and  outstanding  capital stock of WIDEPOINT is set forth in WIDEPOINT&#146;s
Annual Report on Form 10-K, filed on March 31, 2004 with the Securities and Exchange
Commission and updated on all subsequent SEC Documents. All shares of capital stock have
been duly authorized and are validly issued, and are fully paid and no assessable, and
free of preemptive rights.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3.2&nbsp;&nbsp;&nbsp;&nbsp;
 Except  pursuant  to this  Agreement  and as set forth in  Schedule  4.3 hereto, and as
set forth in WIDEPOINT&#146;s SEC Documents, filed with the SEC, as of the date hereof
and as of the Closing Date, there are not now outstanding options, warrants, rights to
subscribe for, calls or commitments of any character whatsoever relating to, or
securities or rights convertible into or exchangeable for, shares of any class of capital
stock of WIDEPOINT, or agreements, understandings or arrangements to which WIDEPOINT is a
party, or by which WIDEPOINT is or may be bound, to issue additional shares of its
capital stock or options, warrants, scrip or rights to subscribe for, calls or commitment
of any character whatsoever relating to, or securities or rights convertible into or
exchangeable for, any shares of any class of its capital stock. The Company agrees to
inform the Investors in writing of any additional warrants granted prior to the Closing
Date.  </FONT></P>



<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3.3&nbsp;&nbsp;&nbsp;&nbsp;
The Company on the Closing Date (i) will have full right, power, and authority to sell,
assign, transfer, and deliver, by reason of record and beneficial ownership, to the
Investor, WIDEPOINT Shares hereunder, free and clear of all liens, charges, claims,
options, pledges, restrictions, and encumbrances whatsoever; and (ii) upon conversion of
the Preferred Stock or exercise of the Warrants, the Investor will acquire good and
marketable title to such Shares, free and clear of all liens, charges, claims, options,
pledges, restrictions, and encumbrances whatsoever, except as otherwise provided in this
Agreement as to the limitation on the voting rights of such Shares in certain
circumstances.  </FONT></P>



<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.4 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Authority</U></B>.
WIDEPOINT has all requisite corporate power and authority to execute and deliver this
Agreement, the Preferred Stock, the Waarrants, to perform its obligations hereunder and
thereunder and to consummate the transactions contemplated hereby and thereby. The
execution and delivery of this Agreement by WIDEPOINT and the consummation of the
transactions contemplated hereby have been duly authorized by all necessary corporate
action and no other corporate proceedings on the part of WIDEPOINT is necessary to
authorize this Agreement or to consummate the transactions contemplated hereby except as
disclosed in this Agreement. This Agreement has been duly executed and delivered by
WIDEPOINT and constitutes the legal, valid and binding obligation of WIDEPOINT,
enforceable against WIDEPOINT in accordance with its terms.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 7 </FONT></H1>


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<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.5 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>No
Conflict; Required Filings and Consents</U></B>. The execution and delivery of this
Agreement by WIDEPOINT does not, and the performance by WIDEPOINT of their respective
obligations hereunder will not: (i) conflict with or violate the Articles or By-Laws of
WIDEPOINT; (ii) conflict with, breach or violate any federal, state, foreign or local
law, statute, ordinance, rule, regulation, order, judgment or decree (collectively, &#147;<B><U>Laws</U></B>&#148;)
in effect as of the date of this Agreement and applicable to WIDEPOINT; or (iii) result
in any breach of, constitute a default (or an event that with notice or lapse of time or
both would become a default) under, give to any other entity any right of termination,
amendment, acceleration or cancellation of, require payment under, or result in the
creation of a lien or encumbrance on any of the properties or assets of WIDEPOINT
pursuant to, any note, bond, mortgage, indenture, contract, agreement, lease, license,
permit, franchise or other instrument or obligation to which WIDEPOINT is a party or by
WIDEPOINT or any of its properties or assets is bound. Excluding from the foregoing are
such violations, conflicts, breaches, defaults, terminations, accelerations, creations of
liens, or incumbency that would not, in the aggregate, have a Material Adverse Effect.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.6 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Report
and Financial Statements</U></B>. WIDEPOINT&#146;s Annual Report on Form 10-K, filed on
March 31, 2004 with the Securities and Exchange Commission contains the audited financial
statements of WIDEPOINT as of December 31, 2003 (the &#147;<B><U>Financial Statements</U></B>&#148;).
Each of the balance sheets contained in or incorporated by reference into any such
Financial Statements (including the related notes and schedules thereto) fairly presented
the financial position of WIDEPOINT as of its date, and each of the statements of income
and changes in stockholders&#146; equity and cash flows or equivalent statements in such
Financial Statements (including any related notes and schedules thereto) fairly presents,
changes in stockholders&#146; equity and changes in cash flows, as the case may be, of
WIDEPOINT for the periods to which they relate, in each case in accordance with United
States generally accepted accounting principles (&#147;<B><U>U.S. GAAP</U></B>&#148;)
consistently applied during the periods involved, except in each case as may be noted
therein, subject to normal year-end audit adjustments in the case of unaudited
statements. The books and records of WIDEPOINT have been, and are being, maintained in
all material respects in accordance with U.S. GAAP and any other applicable legal and
accounting requirements and reflect only actual transaction.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.7 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Compliance with Applicable
Laws</U></B>. WIDEPOINT is not in violation of, or, to the knowledge of WIDEPOINT
is under investigation with respect to or has been given notice or has been charged with
the violation of any Law of a governmental agency, except for violations which
individually or in the aggregate do not have a Material Adverse Effect. </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 8 </FONT></H1>


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<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.8 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Brokers.</U></B>Except
as set forth on Schedule 4.8, no broker, finder or investment banker is entitled to any
brokerage, finder&#146;s or other fee or Commission in connection with the transactions
contemplated by this Agreement based upon arrangements made by or on behalf of WIDEPOINT  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.9 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>SEC
Documents</U></B>. WIDEPOINT acknowledges that WIDEPOINT is a publicly held company and
has made available to the Investor after demand true and complete copies of any requested
SEC Documents. The Company has registered its Common Stock pursuant to Section 12 of the
1934 Act, and the Common Stock is quoted and traded on the OTC Bulletin Boardof the
National Association of Securities Dealers, Inc. The Company has received no notice,
either oral or written, with respect to the continued quotation or trading of the Common
Stock on the OTC Bulletin Board. The Company has not provided to the Investor any
information that, according to applicable law, rule or regulation, should have been
disclosed publicly prior to the date hereof by the Company, but which has not been so
disclosed. As of their respective dates, the SEC Documents complied in all material
respects with the requirements of the 1934 Act, and rules and regulations of the SEC
promulgated thereunder and the SEC Documents did not contain any untrue statement of a
material fact or omit to state a material fact required to be stated therein or necessary
in order to make the statements therein, in light of the circumstances under which they
were made, not misleading..  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.10 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Litigation</U></B>.
To the knowledge of WIDEPOINT, no litigation, claim, or other proceeding before any court
or governmental agency is pending or threatened against WIDEPOINT that materially effects
this Agreement.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.11 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Exemption
from Registration.</U></B> Subject to the accuracy of the Investor&#146;s representations
in Article V, except as required pursuant to the Registration Rights Agreement, the sale
of the Common Stock and Warrants by the Company to the Investor will not require
registration under the 1933 Act, but may require registration under New York state
securities law if applicable to the Investor. When validly converted in accordance with
the terms of the Preferred Stock, and upon exercise of the Warrants in accordance with
their terms, the Shares underlying the Preferred Stock and the Warrants will be duly and
validly issued, fully paid, and non-assessable. The Company is issuing the Preferred
Stock and the Warrants in accordance with and in reliance upon the exemption from
securities registration afforded, inter alia, by Rule 506 under Regulation D as
promulgated by the SEC under the 1933 Act, and/or Section 4(2) of the 1933 Act; provided,
however, that certain filings and registrations may be required under state securities
&#147;blue sky&#148; laws depending upon the residency of the Investor.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.12 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>No
General Solicitation or Advertising in Regard to this Transaction</U></B>. Neither the
Company nor any of its Affiliates nor, to the knowledge of the Company, any Person acting
on its or their behalf (i) has conducted or will conduct any general solicitation (as
that term is used in Rule 502(c) of Regulation D as promulgated by the SEC under the 1933
Act) or general advertising with respect to the sale of the Units, or (ii) made any
offers or sales of any security or solicited any offers to buy any security under any
circumstances that would require registration of the Units, under the 1933 Act, except as
required herein.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 9 </FONT></H1>


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<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.13 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>No
Material Adverse Change</U></B>. Since June 30, 2004, no Material Adverse Effect has
occurred or exists with respect to the Company that has not been disclosed in the SEC
Documents. No material supplier has given notice, oral or written, that it intends to
cease or reduce the volume of its business with the Company from historical levels. Since
June 30, 2004, no event or circumstance has occurred or exists with respect to the
Company or its businesses, properties, prospects, operations or financial condition,
that, under any applicable law, rule or regulation, requires public disclosure or
announcement prior to the date hereof by the Company but which has not been so publicly
announced or disclosed in writing to the Investor.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.14 &nbsp;&nbsp;&nbsp;&nbsp;Excluded. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.15 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Internal
Controls And Procedures</U></B>. The Company maintains books and records and internal
accounting controls which provide reasonable assurance that (i) all transactions to which
the Company or any subsidiary is a party or by which its properties are bound are
executed with management&#146;s authorization; (ii) the recorded accounting of the Company&#146;s
consolidated assets is compared with existing assets at regular intervals; (iii) access
to the Company&#146;s consolidated assets is permitted only in accordance with management&#146;s
authorization; and (iv) all transactions to which the Company or any subsidiary is a
party or by which its properties are bound are recorded as necessary to permit
preparation of the financial statements of the Company in accordance with U.S. generally
accepted accounting principles.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.16 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Full
Disclosure</U></B>. No representation or warranty made by WIDEPOINT in this Agreement and
no certificate or document furnished or to be furnished to the Investor pursuant to this
Agreement contains or will contain any untrue statement of a material fact, or omits or
will omit to state a material fact necessary to make the statements contained herein or
therein not misleading.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE V </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>REPRESENTATIONS AND
WARRANTIES OF THE INVESTORS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Investor represents and warrants to the Company that:  </FONT></P>



<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Organization
and Standing of the Investor.</U></B> The Investor is a limited partnership duly formed,
validly existing and in good standing under the laws of the State of Delaware. The state
in which any offer to purchase shares hereunder was made or accepted by such Investor is
the state shown as such Investor&#146;s address. The Investor was not formed for the
purpose of investing solely in the Preferred Stock, the Warrants or the shares of Common
Stock which are the subject of this Agreement.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 10 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Authorization
and Power</U></B>. The Investor has the requisite power and authority to enter into and
perform this Agreement and to purchase the securities being sold to it hereunder. The
execution, delivery and performance of this Agreement by the Investor and the
consummation by the Investor of the transactions contemplated hereby have been duly
authorized by all necessary partnership action where appropriate. This Agreement and the
Registration Rights Agreement have been duly executed and delivered by the Investor and
at the Closing shall constitute valid and binding obligations of the Investor enforceable
against the Investor in accordance with their terms, except as such enforceability may be
limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation,
conservatorship, receivership or similar laws relating to, or affecting generally the
enforcement of, creditors&#146; rights and remedies or by other equitable principles of
general application.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>No
Conflicts</U></B>. The execution, delivery and performance of this Agreement and the
consummation by the Investor of the transactions contemplated hereby or relating hereto
do not and will not (i) result in a violation of such Investor&#146;s charter documents
or bylaws where appropriate or (ii) conflict with, or constitute a default (or an event
which with notice or lapse of time or both would become a default) under, or give to
others any rights of termination, amendment, acceleration or cancellation of any
agreement, indenture or instrument to which the Investor is a party, or result in a
violation of any law, rule, or regulation, or any order, judgment or decree of any court
or governmental agency applicable to the Investor or its properties (except for such
conflicts, defaults and violations as would not, individually or in the aggregate, have a
Material Adverse Effect on such Investor). The Investor is not required to obtain any
consent, authorization or order of, or make any filing or registration with, any court or
governmental agency in order for it to execute, deliver or perform any of such Investor&#146;s
obligations under this Agreement or to purchase the securities from the Company in
accordance with the terms hereof, provided that for purposes of the representation made
in this sentence, the Investor is assuming and relying upon the accuracy of the relevant
representations and agreements of the Company herein.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.4 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Financial
Risks</U></B>. The Investor acknowledges that such Investor is able to bear the financial
risks associated with an investment in the securities being purchased by the Investor
from the Company and that it has been given full access to such records of the Company
and the subsidiaries and to the officers of the Company and the subsidiaries as it has
deemed necessary or appropriate to conduct its due diligence investigation. The Investor
is capable of evaluating the risks and merits of an investment in the securities being
purchased by the Investor from the Company by virtue of its experience as an investor and
its knowledge, experience, and sophistication in financial and business matters and the
Investor is capable of bearing the entire loss of its investment in the securities being
purchased by the Investor from the Company.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 11 </FONT></H1>


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<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.5 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Accredited
Investor</U></B>. The Investor is (i) an &#147;accredited investor&#148; as that term is
defined in Rule 501 of Regulation D promulgated under the 1933 Act by reason of Rule
501(a)(3) and (6), (ii) experienced in making investments of the kind described in this
Agreement and the related documents, (iii) able, by reason of the business and financial
experience of its officers (if an entity) and professional advisors (who are not
affiliated with or compensated in any way by the Company or any of its affiliates or
selling agents), to protect its own interests in connection with the transactions
described in this Agreement, and the related documents, and (iv) able to afford the
entire loss of its investment in the securities being purchased by the Investor from the
Company.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.6 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Brokers</U></B>.
Except as set forth in Schedule 4.8, no broker, finder or investment banker is entitled
to any brokerage, finder&#146;s or other fee or Commission in connection with the
transactions contemplated by this Agreement based upon arrangements made by or on behalf
of the Investor.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.7 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Knowledge
of Company.</U></B> The Investor and such Investor&#146;s advisors, if any, have been,
upon request, furnished with all materials relating to the business, finances and
operations of the Company and materials relating to the offer and sale of the securities
being purchased by the Investor from the Company . The Investor and such Investor&#146;s
advisors, if any, have been afforded the opportunity to ask questions of the Company and
have received complete and satisfactory answers to any such inquiries.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.8 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Risk
Factors</U></B>The Investor understands that such Investor&#146;s investment in the
securities being purchased by the Investor from the Company involves a high degree of
risk. The Investor understands that no United States federal or state agency or any other
government or governmental agency has passed on or made any recommendation or endorsement
of the securities being purchased by the Investor from the Company. The Investor warrants
that such Investor is able to bear the complete loss of such Investor&#146;s investment
in the securities being purchased by the Investor from the Company.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">5.9&nbsp;&nbsp;&nbsp;&nbsp;<U><B>Full
Disclosure</B></U>. No representation or warranty made by the Investor in this Agreement
and no certificate or document furnished or to be furnished to WIDEPOINT pursuant to this
Agreement contains or will contain any untrue statement of a material fact, or omits or
will omit to state a material fact necessary to make the statements contained herein or
therein not misleading. Except as set forth or referred to in this Agreement, Investor
does not have any agreement or understanding with any person relating to acquiring,
holding, voting or disposing of any equity securities of the Company. </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">5.10&nbsp;&nbsp;&nbsp;&nbsp;<U><B>Reimbursement
of Due Diligence Expenses</B></U>. Upon closing, the Company shall reimburse Investor for
reasonable expenses incurred in conducting due diligence not to exceed $20,000. Such
reimbursement shall be paid to the Investor upon the Investor providing proof of payment
of such expenses in a proportional manner. If the transaction is not closed, there shall
be no reimbursement of any due diligence expenses. </FONT> </P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 12 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">5.11&nbsp;&nbsp;&nbsp;&nbsp;<U><B>Reimbursement
of Legal Expenses</B></U>. Upon closing, the Company shall reimburse Investors for
reasonable expenses incurred in regards to legal expenses related to the transaction
which such legal expenses shall not to exceed $2,500. Such reimbursement shall be paid to
the Investors upon the Investor providing proof of payment of such expenses in a
proportional manner. If the transaction is not closed, there shall be no reimbursement of
any due diligence expenses. </FONT> </P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE VI </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COVENANTS OF THE
COMPANY </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>Registration
Rights</U></B>. The Company shall cause the           Registration Rights Agreement to
remain in full force and effect according to           the provisions of the Registration
Rights Agreement and the Company shall comply           in all material respects with the
terms thereof.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>Reservation
Of Common Stock</U></B>. As of the date hereof, the           Company has reserved and
the Company shall continue to reserve and keep           available at all times, free of
preemptive rights, shares of Common Stock for           the purpose of enabling the
Company to issue the shares of Common Stock           underlying the Preferred Stock and
Warrants.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>&nbsp;&nbsp;&nbsp;&nbsp;          Compliance
with Laws</U></B>. The Company hereby agrees to comply in all           respects with the
Company&#146;s reporting, filing and other obligations under           the Laws.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>Exchange
Act Registration</U></B>. The Company will cause its           Common Stock to continue
to be registered under Section 12(b) or (g) of the 1934           Act, will use its best
efforts to comply in all respects with its reporting and           filing obligations
under the 1934 Act, and will not take any action or file any           document (whether
or not permitted by the 1934 Act or the rules thereunder) to           terminate or
suspend such registration or to terminate or suspend its reporting           and filing
obligations under the 1934 until the Investors have disposed of all           of their
Shares.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><U>Corporate
Existence; Conflicting Agreements</U></B>. The Company           will take all steps
necessary to preserve and continue the corporate existence           of the Company. The
Company shall not enter into any agreement, the terms of           which agreement would
restrict or impair the right or ability of the Company to           perform any of its
obligations under this Agreement or any of the other           agreements attached as
exhibits hereto.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.6&nbsp;&nbsp;&nbsp;&nbsp;<U><B>Preferred
Stock.</B></U>From and afterthe Closing Date and continuing for a period of two (2) years
thereafter, the Company will not issue any shares of Preferred Stock of the Company which
are convertible into shares of Common Stock of the Company other than on a conversion
ratio which is fixed, except in the case of normal adjustments which may include
anti-dilution provisions, among other things, but which shall not include in any case the
conversion ratio of such shares of Preferred Stock based on the market price of the
Common Stock after the date of closing of the issuance of such shares of Preferred Stock.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 13 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.7&nbsp;&nbsp;&nbsp;&nbsp;<U><B>Convertible
Debt.</B></U>From and after the Closing Date and continuing for a period of two (2) years
thereafter, the Company will not issue any convertible debt in the Company which is
convertible into shares of Common Stock of the Company other than on a conversion ratio
which is fixed, except in the case of normal adjustments which may include anti-dilution
provisions, among other things, but which shall not include in any case the conversion
ratio of such convertible debt based on the market price of the Common Stock after the
date of closing of the issuance of such convertible debt.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.8&nbsp;&nbsp;&nbsp;&nbsp;<U><B>Reset
Equity Deals. </B></U>From and afterthe Closing Date and continuing for a period of two
(2) years thereafter, the Company will not issue any shares of Common Stock of the
Company other than for a fixed price at the time of issuance of such shares of Common
Stock, except in the case of normal adjustments which may include anti-dilution
provisions, among other things, but which shall not include in any case any adjustments
to the issued shares of Common Stock which require the issuance of additional shares of
Common Stock during that time based on the market price of the Common Stock.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.9 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Independent
Directors</U></B>. If not already present on the Company&#146;s Board of Directors at the
Closing, the Company will cause the appointment of at least two independent directors
within one hundred (100) days of the date of this Agreement. Nothing shall preclude the
Investor from pursuing or obtaining specific performance or other equitable relief with
respect to this Agreement.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.10 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Independent
Directors Become Majority of Audit and Compensation Committees</U></B>. If not already
appointed, the Company will cause the appointment of a majority of outside directors to
the audit and compensation committees of the board of directors within one hundred and
twenty (120) days of the date of this Agreement. Nothing shall preclude the Investor from
pursuing or obtaining specific performance or other equitable relief with respect to this
Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.11&nbsp;&nbsp;&nbsp;&nbsp;<B><U> Use
of Proceeds</U></B>. The Company will use the proceeds from the sale of the Preferred
Stock and the Warrants (excluding amounts paid by the Company for legal and
administrative fees in connection with the sale of such securities) for working capital
and acquisitions.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.12&nbsp;&nbsp;&nbsp;&nbsp;<B><U>Right
of Participation</U></B>. The Investor shall have the right to participate in any future
financing by the Company on a pro rata basis as to the amounts invested herein. The
Company shall provide written notice of any such future filing the Investor upon receipt
of a firm term sheet from a legitimate placement agent or funding source. The Investor
shall have ten calendar days to indicate in writing whether it intends to exercise its
right of participation. The rights set forth in this Section 6.9 shall not apply to
legitimate underwritten public offerings of the Company&#146;s securities nor shall the
rights in this Section 6.9 apply to senior financing which the Company is currently
negotiating.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 14 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">6.13&nbsp;&nbsp;&nbsp;&nbsp;<U><B>Price
Adjustment</B></U><B>. </B>If, within the 24 months following the Closing Date, the Company
closes on the sale of a note or notes, shares of Common Stock, or shares of any class of
Preferred Stock at a price per share of Common Stock, or with a conversion right to
acquire Common Stock at a price per share of Common Stock, that is less than the
Conversion Price (as adjusted to the capitalization per share as of the Closing Date,
following any stock splits, stock dividends, or the like) (collectively, the &#147;Subsequent
Conversion Price&#148;), the Company shall make a post-Closing adjustment in the
Conversion Price so that the effective price per share paid by the Investor is reduced to
being equivalent to such lower conversion price after taking into account any prior
conversions of the Preferred Stock and/or exercises of the Warrant. </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.14 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Executive
Management.</U></B> The earliest any member of &#147;Executive Management&#148; of the
Company can sell common shares in the public marketplace shall be eighteen (18) months
from Closing unless the sale is the result of private transactions occurring after the
first twelve (12) months from the Closing and relating to no more than an aggregate of
twenty-five percent (25%) of the shares of Common Stock underlying stock options issued
by the Company to members of the Executive Management which are vested as of the date of
this Agreement or as a result of a purchase of all of the outstanding stock of the
Company as a result of a merger and/or acquisition of the Company; provided, however,
that in the event any such member of Executive Management ceases to be employed by the
Company or its affiliates, then the restrictions contained in this Section 6.13 shall no
longer apply to such person. The &#147;Executive Management&#148; of the Company shall be
defined to consist of the following persons: Steve Komar, James McCubbin, Mark Fuller,
Jay Wright and Mark Crowley. The Investor and Andrew Barron Worden shall not be
considered members of Executive Management of the Company.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.14 <B><U>Employment and Consulting
Contracts.</U></B>Employment and consulting contracts with officers and directors shall
at time of Closing and for two years thereafter shall not contain: any bonuses not
related directly to increases in earnings; any car allowances not approved by the
unanimous vote of the board of directors; any anti-dilution or reverse split protection
provisions for shares, options or warrants; any deferred compensation; any unreasonable
compensation or benefit clauses; or any termination clauses of over one year of salary.
This clause may be waived conditionally in specific conditions by the Investor.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.15 <B><U>Notice of Intent to Sell
or Merge Company.</U></B>The Company will give Investor at least 70 days notice before
the closing of a transaction to merge or sell a controlling interest in the Company or
the closing of an underwritten public offering of the Common Stock of the Company. The
Investor shall have the right to waive the such notice requirement.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 15 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.16 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Sale
or Merger of Company.</U></B> In the event of a sale or merger of substantially all of
the Company or an underwritten public offering of the Common Stock of the Company, then
the 4.99% restriction in the Preferred Stock and in the Warrants will immediately be
terminated and the Investors will have the right to convert the Preferred Stock and
exercise the Warrants concurrent with the sale, subject to the conversion by the Investor
of the Preferred Stock and the payment by the Investor to the Company of the aggregate
exercise price of the Warrant; provided, however that, so long as the Investor owns,
directly or beneficially, in excess of 4.99% of the then outstanding number of shares of
Common Stock, the restrictions on the voting rights of the Investor shall remain and
continue in effect with respect to twenty-five percent (25%) of the shares of Common
Stock which the Investor and/or its affiliates then own.  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE VII </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COVENANTS OF THE
INVESTOR </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Compliance
with Law</U></B>. The Investor&#146;s trading activities with respect to shares of the
Company&#146;s Common Stock will be in compliance with all applicable state and federal
securities laws, rules and regulations and rules and regulations of any public market on
which the Company&#146;s Common Stock is listed. The Investor agrees that the Investor
will not engage in any short-sales, hedging, or other similar activities with regard to
the Company&#146;s securities so long as the Investor&#146;s owns or has a right to
acquire any Shares of the Company&#146;s Common Stock upon conversion of the Preferred
Stock or exercise of the Warrants. The Investor further agrees not to hypothecate, margin
or otherwise borrow against the Preferred Stock, Warrants or the shares of Common Stock
underlying the Preferred Stock or Warrants.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Transfer
Restrictions</U>. </B>The Investor&#146;s acknowledge that (1) the Preferred Stock,
Warrants and shares underlying the Preferred Stock and Warrants have not been registered
under the provisions of the 1933 Act, and may not be transferred unless (A) subsequently
registered thereunder or (B) the Investor shall have delivered to the Company an opinion
of counsel, reasonably satisfactory in form, scope and substance to the Company, to the
effect that the Preferred Stock, Warrants and shares underlying the Notes and Warrants to
be sold or transferred may be sold or transferred pursuant to an exemption from such
registration; and (2) any sale of the Preferred Stock, Warrants and shares underlying the
Preferred Stock and Warrants made in reliance on Rule 144 promulgated under the 1933 Act
may be made only in accordance with the terms of said Rule and further, if said Rule is
not applicable, any resale of such securities under circumstances in which the seller, or
the person through whom the sale is made, may be deemed to be an underwriter, as that
term is used in the 1933 Act, may require compliance with some other exemption under the
1933 Act or the rules and regulations of the SEC thereunder.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 16 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Restrictive
Legend</U>. </B>The Investor acknowledges and agrees that the Preferred Stock, the
Warrants and the Shares underlying the Preferred Stock and Warrants, and, until such time
as the Shares underlying the Preferred Stock and Warrants have been registered under the
1933 Act and sold in accordance with an effective Registration Statement, certificates
and other instruments representing any of the Shares, shall bear a restrictive legend in
substantially the following form (and a stop-transfer order may be placed against
transfer of any such securities):  </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=1>
<B>&#147;THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE &#147;SECURITIES ACT&#148;), OR ANY STATE SECURITIES LAWS
AND NEITHER SUCH SHARES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED
OR OTHERWISE TRANSFERRED UNLESS (1) A REGISTRATION STATEMENT WITH RESPECT THERETO IS
EFFECTIVE UNDER THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR (2) IN
ACCORDANCE WITH THE PROVISIONS OF REGULATION S, OR (3) PURSUANT TO AN EXEMPTION FROM
REGISTRATION UNDER THE SECURITIES ACT.&#148;</B>&nbsp; </FONT></TD>
<TD WIDTH=5%>&nbsp;</TD>
</TR>
</TABLE>
<BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE VIII </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CONDITIONS PRECEDENT
TO THE COMPANY&#146;S OBLIGATIONS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
obligation of the Company to consummate the transactions contemplated hereby shall be
subject to the fulfillment, on or prior to Closing Date, of the following conditions: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.1 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>No
Termination</B></U>. This Agreement shall not have been terminated pursuant to Article X
hereof.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Representations
True and Correct</U></B>. The representations and warranties of the Investor contained in
this Agreement shall be true and correct in all material respects on and as of the
Closing Date with the same force and effect as if made on as of the Closing Date.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Compliance
with Covenants</U></B>. The Investor shall have performed and complied in all material
respects with all covenants, agreements, and conditions required by this Agreement to be
performed or complied by it prior to or at the Closing Date.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.4 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>No
Adverse Proceedings</U></B>. On the Closing Date, no action or proceeding shall be
pending by any public authority or individual or entity before any court or
administrative body to restrain, enjoin, or otherwise prevent the consummation of this
Agreement or the transactions contemplated hereby or to recover any damages or obtain
other relief as a result of the transactions proposed hereby.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 17 </FONT></H1>


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<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE IX </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CONDITIONS PRECEDENT
TO INVESTOR&#146;S OBLIGATIONS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
obligation of the Investors to consummate the transactions contemplated hereby shall be
subject to the fulfillment, on or prior to Closing Date unless specified otherwise, of the
following conditions: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9.1 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>No
Termination</B></U>. This Agreement shall not have been terminated pursuant to Article X
hereof.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Representations
True and Correct</U></B>. The representations and warranties of WIDEPOINT contained in
this Agreement shall be true and correct in all material respects on and as of the
Closing Date with the same force and effect as if made on as of the Closing Date.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Compliance
with Covenants</U></B><U></U>. WIDEPOINT shall have performed and complied in all
material respects with all covenants, agreements, and conditions required by this
Agreement to be performed or complied by it prior to or at the Closing Date.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9.4 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>No
Adverse Proceedings</U></B>. On the Closing Date, no action or proceeding shall be
pending by any public authority or individual or entity before any court or
administrative body to restrain, enjoin, or otherwise prevent the consummation of this
Agreement or the transactions contemplated hereby or to recover any damages or obtain
other relief as a result of the transactions proposed hereby.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE X </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>TERMINATION, AMENDMENT
AND WAIVER </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.1 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>Termination</B></U>.
This Agreement may be terminated at any time prior to the Effective Time:  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1.1&nbsp;&nbsp;&nbsp;&nbsp;  by
mutual written consent of the Investor and the Company;  </FONT></P>


<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 18 </FONT></H1>


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<BR>






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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1.2&nbsp;&nbsp;&nbsp;&nbsp;
by the Company upon a material breach of any representation, warranty, covenant or
agreement on the part of the Investor set forth in this Agreement, or the Investor upon a
material breach of any representation, warranty, covenant or agreement on the part of
WIDEPOINT set forth in this Agreement, or if any representation or warranty of WIDEPOINT
or the Investor, respectively, shall have become untrue, in either case such that any of
the conditions set forth in Article VIII or Article IX hereof would not be satisfied (a
<B>&#147;Terminating Breach</B>&#148;), and such breach shall, if capable of cure, not
have been cured within five (5) business days after receipt by the party in breach of a
notice from the non-breaching party setting forth in detail the nature of such breach.  </FONT></P>



<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Effect
of Termination</U></B>. In the event of the termination of this Agreement pursuant to
Paragraph 10.1 hereof, there shall be no liability on the party of WIDEPOINT or the
Investor or any of their respective officers, directors, agents or other representatives
and all rights and obligations of any party hereto shall cease.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Amendment</U></B>.
This Agreement may be amended by the parties hereto any time prior to the Closing Date by
an instrument in writing signed by the parties hereto.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.4 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Waiver</U></B>.
At any time prior to the Closing Date, WIDEPOINT or the Investor, as appropriate, may:
(a) extend the time for the performance of any of the obligations or other acts of other
party or; (b) waive any inaccuracies in the representations and warranties contained
herein or in any document delivered pursuant hereto which have been made to it or them;
or (c) waive compliance with any of the agreements or conditions contained herein for its
or their benefit. Any such extension or waiver shall be valid only if set forth in an
instrument in writing signed by the party or parties to be bound hereby.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE XI </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>GENERAL PROVISIONS </FONT></H1>



<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Transaction Costs</U></B>.
Except as otherwise provided herein, each of the parties shall pay all of his or its
costs and expenses (including attorney fees and other legal costs and expenses and
accountants&#146; fees and other accounting costs and expenses) incurred by that party in
connection with this Agreement.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Indemnification</U></B>.
The Investor agrees to indemnify, defend and hold the Company (following the Closing
Date) and its officers and directors harmless against and in respect of any and all
claims, demands, losses, costs, expenses, obligations, liabilities or damages, including
interest, penalties and reasonable attorney&#146;s fees, that it shall incur or suffer,
which arise out of or result from any breach of this Agreement by such Investor or
failure by such Investor to perform with respect to any of its representations,
warranties or covenants contained in this Agreement or in any exhibit or other instrument
furnished or to be furnished under this Agreement. The Company agrees to indemnify,
defend and hold the Investor harmless against and in respect of any and all claims,
demands, losses, costs, expenses, obligations, liabilities or damages, including
interest, penalties and reasonable attorney&#146;s fees, that it shall incur or suffer,
which arise out of, result from or relate to any breach of this Agreement or failure by
the Company to perform with respect to any of its representations, warranties or
covenants contained in this Agreement or in any exhibit or other instrument furnished or
to be furnished under this Agreement. In no event shall the Company or the Investors be
entitled to recover consequential or punitive damages resulting from a breach or
violation of this Agreement nor shall any party have any liability hereunder in the event
of gross negligence or willful misconduct of the indemnified party. In the event of a
breach of this Agreement by the Company, the Investor shall be entitled to pursue a
remedy of specific performance upon tender into the Court an amount equal to the Purchase
Price hereunder. The indemnification by the Investors shall be limited to the amount they
have invested on the Closing Date.  </FONT></P>

<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 19 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Headings</U></B>. The
table of contents and headings contained in this Agreement are for reference purposes
only and shall not affect in any way the meaning or interpretation of this Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.4 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Entire Agreement</U></B>.
This Agreement (together with the Schedule, Exhibits, Warrants and documents referred to
herein) constitute the entire agreement of the parties and supersede all prior agreements
and undertakings, both written and oral, between the parties, or any of them, with
respect to the subject matter hereof.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.5 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Notices</U></B>. All
notices and other communications hereunder shall be in writing and shall be deemed to
have been given (i) on the date they are delivered if delivered in person; (ii) on the
date initially received if delivered by facsimile transmission followed by registered or
certified mail confirmation; (iii) on the date delivered by an overnight courier service;
or (iv) on the third business day after it is mailed by registered or certified mail,
return receipt requested with postage and other fees prepaid as follows:  </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>If
to WIDEPOINT</U>: </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
One
Lincoln Centre <BR>Suite 1100 <BR>Oakbrook Terrace, Il, 60181 <BR>Attention: James T. McCubbin </FONT></TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>With
a copy to</U>: </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Foley
Lardner, LLP <BR>3000K Street, N.W. <BR>Suite 500 <BR>Washington, D.C.  20007 <BR>Facsimile No.:
202.672.5399 <BR>Attn:  Thomas James, Esq. </FONT></TD>
</TR>
</TABLE>
<BR>


<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 20 </FONT></H1>


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<BR>




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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>If
to the Investor</U>: </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Barron
Partners L.P. <BR>730 Fifth Avenue, 9th Floor <BR>New York, New York  10019 <BR>Attn: Andrew Barron
Worden </FONT></TD>
</TR>
</TABLE>
<BR>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.6 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Severability</U></B>. If
any term or other provision of this Agreement is invalid, illegal or incapable of being
enforced by any rule of law or public policy, all other conditions and provisions of this
Agreement shall nevertheless remain in full force and effect so long as the economic or
legal substance of the transactions contemplated hereby is not affected in any manner
materially adverse to any party. Upon such determination that any such term or other
provision is invalid, illegal or incapable of being enforced, the parties hereto shall
negotiate in good faith to modify this Agreement so as to effect the original intent of
the parties as closely as possible in an acceptable manner to the end that the
transactions contemplated hereby are fulfilled to the extent possible.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.7 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Binding Effect</U></B>.
All the terms and provisions of this Agreement whether so expressed or not, shall be
binding upon, inure to the benefit of, and be enforceable by the parties and their
respective administrators, executors, legal representatives, heirs, successors and
assignees.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.8 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Preparation of Agreement</U></B>.
This Agreement shall not be construed more strongly against any party regardless of who
is responsible for its preparation. The parties acknowledge each contributed and is
equally responsible for its preparation.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">11.9 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>Governing Law</B></U>. This
Agreement shall be governed by, and construed in accordance with, the laws of the
State of New York, without giving effect to applicable principles of conflicts of law. </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.10 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Jurisdiction</U></B><U>.</U> This
Agreement shall be exclusively governed by and construed in accordance with the laws of
the State of New York. If any action is brought among the parties with respect to this
Agreement or otherwise, by way of a claim or counterclaim, the parties agree that in any
such action, and on all issues, the parties irrevocably waive their right to a trial by
jury. Exclusive jurisdiction and venue for any such action shall be the Federal Courts
serving the State of New York. In the event suit or action is brought by any party under
this Agreement to enforce any of its terms, or in any appeal therefrom, it is agreed that
the prevailing party shall be entitled to reasonable attorneys fees to be fixed by the
arbitrator, trial court, and/or appellate court.  </FONT></P>


<BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 21 </FONT></H1>


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<BR>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.11 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Preparation and Filing
of Securities and Exchange Commission filings. </U></B>The Investor shall reasonably
assist and cooperate with the Company in the preparation of all filings with the SEC
after the Closing Date due after the Closing Date.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.12 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Further Assurances,
Cooperation</U></B>. Each party shall, upon reasonable request by the other party,
execute and deliver any additional documents necessary or desirable to complete the
transactions herein pursuant to and in the manner contemplated by this Agreement. The
parties hereto agree to cooperate and use their respective best efforts to consummate the
transactions contemplated by this Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.13 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Survival</U></B>The
representations, warranties, covenants and agreements made herein shall survive the
Closing of the transaction contemplated hereby.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.14 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Third Parties</U></B> Except
as disclosed in this Agreement, nothing in this Agreement, whether express or implied, is
intended to confer any rights or remedies under or by reason of this Agreement on any
persons other than the parties hereto and their respective administrators, executors,
legal representatives, heirs, successors and assignees. Nothing in this Agreement is
intended to relieve or discharge the obligation or liability of any third persons to any
party to this Agreement, nor shall any provision give any third persons any right of
subrogation or action over or against any party to this Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.15 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Failure or Indulgence
Not Waiver; Remedies Cumulative</U></B>. No failure or delay on the part of any party
hereto in the exercise of any right hereunder shall impair such right or be construed to
be a waiver of, or acquiescence in, any breach of any representation, warranty, covenant
or agreement herein, nor shall nay single or partial exercise of any such right preclude
other or further exercise thereof or of any other right. All rights and remedies existing
under this Agreement are cumulative to, and not exclusive of, any rights or remedies
otherwise available.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11.16 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Counterparts</U></B>.
This Agreement may be executed in one or more counterparts, and by the different parties
hereto in separate counterparts, each of which when executed shall be deemed to be an
original, but all of which taken together shall constitute one and the same agreement. A
facsimile transmission of this signed Agreement shall be legal and binding on all parties
hereto.  </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[SIGNATURES ON
FOLLOWING PAGE] </FONT></H1>



<BR><BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 22 </FONT></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>IN
WITNESS WHEREOF</B>, the Investors and the Company have as of the date first written above
executed this Agreement. </FONT></P>


<BR>

<TABLE WIDTH="760" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2" ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">INVESTOR:<BR><BR>

BARRON PARTNERS LP<BR><BR><BR></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
</TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Andrew Barron Worden<BR>
President, General Partner of<BR>
Barron Partners LP<BR>
730 Fifth Avenue, 9th Floor<BR>
New York NY 10019 </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
</TABLE>
<BR><BR>

<TABLE WIDTH="760" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2" ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">WIDEPOINT:<BR><BR>WIDEPOINT CORPORATION<BR><BR><BR></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
</TR>
<TR VALIGN="TOP">
     <TD COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD WIDTH="4%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>By:&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="46%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title:&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
</TABLE>


<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 23 </FONT></H1>


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<BR>






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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Schedule A</U> </FONT> </H1>

<BR><BR>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" WIDTH="700">
<TR VALIGN=Bottom>
     <TH ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>NAME AND ADDRESS</B> </FONT><HR WIDTH=60% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>AMOUNT OF<BR>
INVESTMENT</B> </FONT><HR WIDTH=80% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>NUMBER OF SHARES <BR>OF COMMON
STOCK <BR>INTO WHICH NOTE </B><BR>IS
CONVERTIBLE </FONT><HR WIDTH=80% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>NUMBER OF SHARES <BR>UNDERLYING
WARRANTS</B> </FONT><HR WIDTH=86% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH="33%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Barron Partners LP</FONT></TD>
     <TD WIDTH="16%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="23%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="28%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>730 Fifth Avenue, 9th Floor</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>New York, New York 10019</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$2,000,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11,428,570</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5,714,286</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Attn: Andrew Barron Worden</FONT></TD></TR>
</TABLE>



<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 24 </FONT></H1>


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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Schedule 4.3 &#150; List
of acquisitions currently being negotiated by the Company pursuant to which shares of
Common Stock may be issued.</U> </FONT></H1>




<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 25 </FONT></H1>


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<BR>





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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Schedule 4.8 &#150; List
of Brokers</U> </FONT> </H1>




<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 26 </FONT></H1>


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<BR>





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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Exhibit A</U> </FONT> </H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Form of Warrant</U> </FONT> </H1>




<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 27 </FONT></H1>


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<BR>




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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Exhibit B</U> </FONT> </H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Registration Rights
Agreement</U> </FONT> </H1>



<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>STOCK PURCHASE
AGREEMENT BETWEEN <BR>WIDEPOINT CORPORATION AND BARRON PARTNERS LP <BR>PAGE 28 </FONT></H1>


</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>cmw1005c.htm
<DESCRIPTION>COMMON STOCK PURCHASE WARRANT
<TEXT>
<HTML>
<HEAD>
<TITLE>
</TITLE>
</HEAD>
<BODY>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>THIS
COMMON STOCK PURCHASE WARRANT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933
ACT, AS AMENDED (THE &#147;1933 ACT&#148;). THE HOLDER HEREOF, BY PURCHASING THIS COMMON
STOCK PURCHASE WARRANT, AGREES FOR THE BENEFIT OF THE COMPANY THAT SUCH SECURITIES MAY BE
OFFERED, SOLD OR OTHERWISE TRANSFERRED ONLY (A) TO THE COMPANY, (B) PURSUANT TO AN
EXEMPTION FROM REGISTRATION UNDER THE 1933 ACT, OR (C) IF REGISTERED UNDER THE
1933 ACT AND ANY APPLICABLE STATE SECURITIES LAWS. IN ADDITION, A SECURITIES PURCHASE
AGREEMENT (&#147;PURCHASE AGREEMENT&#148;), DATED THE DATE HEREOF, A COPY OF WHICH MAY BE
OBTAINED FROM THE COMPANY AT ITS PRINCIPAL EXECUTIVE OFFICE, CONTAINS CERTAIN ADDITIONAL
AGREEMENTS AMONG THE PARTIES, INCLUDING, WITHOUT LIMITATION, PROVISIONS WHICH LIMIT THE
EXERCISE RIGHTS OF THE HOLDER AND SPECIFY MANDATORY REDEMPTION OBLIGATIONS OF THE COMPANY.</B> </FONT></TD>
<TD WIDTH=5%>&nbsp;</TD>
</TR>
</TABLE>


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     <P ALIGN=CENTER>_________________ </P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WIDEPOINT CORPORATION </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMON STOCK PURCHASE
WARRANT </FONT></H1>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=25%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Number of shares: </FONT></TD>
<TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5,714,286</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=25%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Holder:  </FONT></TD>
<TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Barron
Partners LP<BR>c/o Andrew Barron Worden<BR>Managing Partner<BR>730 Fifth Avenue, 9th Floor<BR>
New York NY 10019<BR>tel 212-659-7790<BR>fax 646-607-2223<BR>cell 917-854-0036<BR><U>abw@barronpartners.com</U> </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=25%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Expiration Date: </FONT></TD>
<TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>October 17th, 2009</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=25%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exercise Price per Share:   </FONT></TD>
<TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$0.40</FONT></TD>
</TR>
</TABLE>
<BR>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Widepoint Corporation, a company
organized and existing under the laws of the State of Delaware (the
&#147;<B><U>Company</U></B>&#148;), hereby certifies that, for value received,
Barron Partners LP, or its registered assigns (the &#147;<B><U>Warrant
Holder</U></B>&#148;), is entitled, subject to the terms set forth below, to
purchase from the Company up to 5,714,286 shares (the <B><U>&#147;Warrant
Shares</U></B>&#148;) of common stock, $0.001 par value (the &#147;<B><U>Common
Stock</U></B>&#148;), of the Company (each such share, a <B><U>&#147;Warrant
Share</U></B>&#148; and all such shares, the &#147;<B><U>Warrant
Shares</U></B>&#148;) in exchange for (a) one (1) Warrant and (b) 0.40 per Warrant
Share (as adjusted from time to time as provided in Section 7) (the &#147;<B><U>Exercise
Price</U></B>&#148;), at any time and from time to time from and after the date
thereof and through and including 5:00 p.m. New York City time on October 17<SUP>th</SUP>,
2009 (or eighteen months of effectiveness of a Registration Statement subsequent to the
issuance herein, whichever is longer)(the &#147;Expiration Date&#148;), and subject to the
following terms and conditions: </FONT></P>






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<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>1.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Registration
of Warrant.</B> The Company shall register this Warrant upon           records to be
maintained by the Company for that purpose (the           &#147;<B><U>Warrant Register</U></B>&#148;),
in the name of the record           Warrant Holder hereof from time to time. The Company
may deem and treat the           registered Warrant Holder of this Warrant as the
absolute owner hereof for the           purpose of any exercise hereof or nay
distribution to the Warrant Holder, and           for all other purposes, and the Company
shall not be affected by notice to the           contrary.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>2.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Investment
Representation.</B> The Warrant Holder by accepting this Warrant           represents
that the Warrant Holder is acquiring this Warrant for its own account           or the
account of an affiliate for investment purposes and not with the view to           any
offering or distribution and that the Warrant Holder will not sell or           otherwise
dispose of this Warrant or the underlying Warrant Shares in violation           of
applicable securities laws. The Warrant Holder acknowledges that the
          certificates representing any Warrant Shares will bear a legend indicating that
          they have not been registered under the United States Securities Act of 1933,
as           amended (the &#147;<B><U>1933 Act</U></B>&#148;) and may not be sold by
          the Warrant Holder except pursuant to an effective registration statement or
          pursuant to an exemption from registration requirements of the 1933 Act and in
          accordance with federal and state securities laws. If this Warrant was acquired
          by the Warrant Holder pursuant to the exemption from the registration
          requirements of the 1933 Act afforded by Regulation S thereunder, the Warrant
          Holder acknowledges and covenants that this Warrant may not be exercised by or
          on behalf of a Person during the one year distribution compliance period (as
          defined in Regulation S) following the date hereof. <B>&#147;<U>Person</U>&#148;</B> means
an individual, partnership, firm, limited           liability company, trust, joint
venture, association, corporation, or any other           legal entity.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>3.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Validity
of Warrant and Issue of Shares.</B> The Company represents and           warrants that
this Warrant has been duly authorized and validly issued and           warrants and
agrees that all of Common Stock that may be issued upon the           exercise of the
rights represented by this Warrant will, when issued upon such           exercise, be
duly authorized, validly issued, fully paid and nonassessable and           free from all
taxes, liens and charges with respect to the issue thereof. The           Company further
warrants and agrees that during the period within which the           rights represented
by this Warrant may be exercised, the Company will at all           times have authorized
and reserved a sufficient number of Common Stock to           provide for the exercise of
the rights represented by this Warrant.  </FONT></P>

<BR><BR><BR><BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></P>


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<BR>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>4.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Registration
of Transfers and Exchange of Warrants.</B> </FONT></P>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>a.&nbsp;&nbsp;&nbsp;&nbsp;</B>Subject
to compliance with the legend set forth on the face of this Warrant,           the
Company shall register the transfer of any portion of this Warrant in the
          Warrant in the Warrant Register, upon surrender of this Warrant with the Form
of           Assignment attached hereto duly completed and signed, to the Company at the
          office specified in or pursuant to Section 9. Upon any such registration or
          transfer, a new warrant to purchase Common Stock, in substantially the form of
          this Warrant (any such new warrant, a &#147;<B><U>New           Warrant</U></B>&#148;),
evidencing the portion of this Warrant so           transferred shall be issued to the
transferee and a New Warrant evidencing the           remaining portion of this Warrant
not so transferred, if any, shall be issued to           the transferring Warrant Holder.
The acceptance of the New Warrant by the           transferee thereof shall be deemed the
acceptance of such transferee of all of           the rights and obligations of a Warrant
Holder of a Warrant.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>b</B>.<B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B>This
Warrant is exchangeable, upon the surrender hereof by the Warrant           Holder to the
office of the Company specified in or pursuant to Section 9 for           one or more New
Warrants, evidencing in the aggregate the right to purchase the           number of
Warrant Shares which may then be purchased hereunder. Any such New           Warrant will
be dated the date of such exchange.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>5.</B>&nbsp;&nbsp;&nbsp;&nbsp;
<B>Exercise of Warrants.</B> </FONT> </P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>a.&nbsp;&nbsp;&nbsp;&nbsp;</B>Upon
surrender of this Warrant with the Form of Election to Purchase           attached hereto
duly completed and signed to the Company, at its address set           forth in Section
9, and upon payment and delivery of the Exercise Price per           Warrant Share
multiplied by the number of Warrant Shares that the Warrant Holder           intends to
purchase hereunder, in lawful money of the United States of America,           in cash or
by certified or official bank check or checks, to the Company, all as           specified
by the Warrant Holder in the Form of Election to Purchase, the Company           shall
promptly (but in no event later than seven (7) business days after the           Date of
Exercise [as defined herein]) issue or cause to be issued and cause to           be
delivered to or upon the written order of the Warrant Holder and in such name
          or names as the Warrant Holder may designate (subject to the restrictions on
          transfer described in the legend set forth on the face of this Warrant), a
          certificate for the Warrant Shares issuable upon such exercise, with such
          restrictive legend as required by the 1933 Act. Any person so designated by the
          Warrant Holder to receive Warrant Shares shall be deemed to have become holder
          of record of such Warrant Shares as of the Date of Exercise of this Warrant.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>b.</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          A
&#147;Date of Exercise&#148; means the date on which the Company shall have
          received (i) this Warrant (or any New Warrant, as applicable), with the Form of
          Election to Purchase attached hereto (or attached to such New Warrant)
          appropriately completed and duly signed, and (ii) payment of the Exercise Price
          for the number of Warrant Shares so indicated by the Warrant Holder to be
          purchased.  </FONT></P>

<BR><BR><BR><BR>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></P>


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<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>c.&nbsp;&nbsp;&nbsp;&nbsp;</B>This
Warrant shall be exercisable at any time and from time to time for such           number
of Warrant Shares as is indicated in the attached Form of Election To           Purchase.
If less than all of the Warrant Shares which may be purchased under           this
Warrant are exercised at any time, the Company shall issue or cause to be
          issued, at its expense, a New Warrant evidencing the right to purchase the
          remaining number of Warrant Shares for which no exercise has been evidenced by
          this Warrant.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>d</B>.&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything contained herein to the contrary, the holder           of this Warrant may, at
its election exercised in its sole discretion, exercise           this Warrant in whole
or in part and, in lieu of making the cash payment           otherwise contemplated to be
made to the Company upon such exercise in payment           of the Aggregate Exercise
Price, elect instead to receive upon such exercise the           &#147;<B>Net Number</B>&#148; of
shares of Common Stock determined according to           the following formula (a &#147;<B>Cashless
Exercise</B>&#148;):  </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Net Number = (A x (B
&#151; C))/B  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          For
purposes of the foregoing formula:  </FONT></P>



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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=20%>&nbsp;</TD>
<TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
A
= the total number shares with respect to which this Warrant is then being exercised. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=20%>&nbsp;</TD>
<TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
B
= the last reported sale price (as reported by Bloomberg) of the Common Stock on
immediately preceding the date of the Exercise Notice. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=20%>&nbsp;</TD>
<TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
C
= the Warrant Exercise Price then in effect at the time of such exercise. </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>e.</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
holder of this Warrant agrees not to elect for a period of one (1) year a
          Cashless Exercise. The holder of this Warrant also agrees not to elect a
          Cashless Exercise so long as there is an effective registration statement for
          the shares underlying this Warrant.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>6.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Maximum
Exercise.</B> The Warrant Holder shall not be entitled to exercise           this<B></B>Warrant
to purchase that number of whole shares of Common Stock           which would result in
beneficial ownership by the Warrant Holder and its           affiliates of more than
4.99% of the outstanding shares of Common Stock on such           date; provided,
however, that the Holder may revoke the restriction described in           this paragraph
upon sixty-one (61) days prior written notice from the Holder to           the Company,
but in such event the Warrant Holder hereby agrees that no person           or entity
(including but not limited to the Warrant Holder and its affiliates)           shall have
any right to vote twenty-five percent (25%) of the shares of Common           Stock,
including but not limited to all shares of Common Stock issued upon           exercise of
the Warrant, then held by or at the direction of or for the benefit           of the
Warrant Holder and/or its affiliates. For the purposes of the immediately
          preceding sentence, beneficial ownership shall be determined in accordance with
          Section 13(d) of the Securities Exchange Act of 1934, as amended, and
Regulation           13d-3 thereunder.  </FONT></P>

<BR><BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></P>


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<BR>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>7.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Adjustment
of Exercise Price and Number of Shares</B>. The character of the           shares of
stock or other securities at the time issuable upon exercise of this           Warrant
and the Exercise Price therefore, are subject to adjustment upon the           occurrence
of the following events, and all such adjustments shall be           cumulative;
provided, however, that no adjustment shall be made to this Warrant           as a result
of any agreement to which the Company is a party as of the date of           this
Warrant:  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>a.</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Adjustment
for Stock Splits, Stock Dividends, Recapitalizations, Etc.</B> The           Exercise
Price of this Warrant and the number of shares of Common Stock or other
          securities at the time issuable upon exercise of this Warrant shall be
          appropriately adjusted to reflect any stock dividend, stock split, combination
          of shares, reclassification, recapitalization or other similar event affecting
          the number of outstanding shares of stock or securities.  </FONT></P>



<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>b.</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Adjustment
for Reorganization, Consolidation, Merger, Etc.</B> In case of any
          consolidation or merger of the Company with or into any other corporation,
          entity or person, or any other corporate reorganization, in which the Company
          shall not be the continuing or surviving entity of such consolidation, merger
or           reorganization (any such transaction being hereinafter referred to as a <U>&#147;Reorganization&#148;),</U> then,
in each case, the holder of this           Warrant, on exercise hereof at any time after
the consummation or effective date           of such Reorganization (the &#147;<B><U>Effective
Date</U></B>&#148;),           shall receive, in lieu of the shares of stock or other
securities at any time           issuable upon the exercise of the Warrant issuable on
such exercise prior to the           Effective Date, the stock and other securities and
property (including cash) to           which such holder would have been entitled upon
the Effective Date if such           holder had exercised this Warrant immediately prior
thereto (all subject to           further adjustment as provided in this Warrant).  </FONT></P>



<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>c.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B><U>Certificate
as to Adjustments</U>.</B> In case of any adjustment or           readjustment in the
price or kind of securities issuable on the exercise of this           Warrant pursuant
to Section 7(a) or (b) above, the Company will promptly give           written notice
thereof to the holder of this Warrant in the form of a           certificate, certified
and confirmed by the Board of Directors of the Company,           setting forth such
adjustment or readjustment and showing in reasonable detail           the facts upon
which such adjustment or readjustment is based.  </FONT></P>



<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>8.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Fractional
Shares.</B> The Company shall not be required to issue or cause to           be issued
fractional Warrant Shares on the exercise of this Warrant. The number           of full
Warrant Shares that shall be issuable upon the exercise of this Warrant           shall
be computed on the basis of the aggregate number of Warrants Shares           purchasable
on exercise of this Warrant so presented. If any fraction of a           Warrant Share
would, except for the provisions of this Section 8, be issuable on           the exercise
of this Warrant, the Company shall, at its option, (i) pay an           amount in cash
equal to the Exercise Price multiplied by such fraction or (ii)           round the
number of Warrant Shares issuable, up to the next whole number.  </FONT></P>

<BR><BR>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></P>


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<BR>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>9.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Sale
or Merger of the Company.</B> In the event of a sale or merger of           substantially
all of the Company or an underwritten public offering of the           Common Stock, then
(i) the Company will give the Warrant Holder at least 70 days           notice before the
closing of such a transaction, with the Investor having the           right to waive such
notice requirement, and (ii) in the event of the closing of           any such
transaction, the 4.99% restriction will immediately be terminated and           the
Warrant Holder will have the right to exercise the Warrants concurrent with           the
closing of the sale or underwritten public offering; provided, however that,           so
long as the Warrant Holder and/or its affiliates own, directly or           beneficially,
in excess of 4.99% of the then outstanding number of shares of           Common Stock,
the restrictions on the voting rights of the Warrant Holder shall           remain and
continue in effect with respect to twenty-five percent (25%) of the           shares of
Common Stock which the Warrant Holder and/or its affiliates then own.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>10.</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Notice.</B> All
notices and other communications hereunder shall be in           writing and shall be
deemed to have been given (i) on the date they are           delivered if delivered in
person; (ii) on the date initially received if           delivered by facsimile
transmission followed by registered or certified mail           confirmation; (iii) on
the date delivered by an overnight courier service; or           (iv) on the third
business day after it is mailed by registered or certified           mail, return receipt
requested with postage and other fees prepaid as follows:  </FONT></P>




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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>If
to the Company</U>: </FONT> </TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
WidePoint
Corporation <BR>One Lincoln Centre <BR>Suite 1100 <BR>Oakbrook Terrace, IL 60181 <BR>Attn: James T.
McCubbin </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>If
to the Warrant Holder</U>: </FONT> </TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 2-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Andrew
Barron Worden <BR>Managing Partner <BR>Barron Partners LP <BR>730 Fifth Avenue, 9th Floor <BR>New York,
NY 10019 <BR>tel 212-659-7790 </FONT></TD>
</TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>11.</B>&nbsp;&nbsp;&nbsp;&nbsp;
<B>Miscellaneous.</B> </FONT> </P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>a.&nbsp;&nbsp;&nbsp;&nbsp;</B>This
Warrant shall be binding on and inure to the benefit of the parties           hereto and
their respective successors and permitted assigns. This Warrant may           be amended
only in writing and signed by the Company and the Warrant Holder.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>b.&nbsp;&nbsp;&nbsp;&nbsp;</B>Nothing
in this Warrant shall be construed to give to any person or           corporation other
than the Company and the Warrant Holder any legal or equitable           right, remedy or
cause of action under this Warrant; this Warrant shall be for           the sole and
exclusive benefit of the Company and the Warrant Holder.  </FONT></P>

<BR><BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6 </FONT></P>


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<HR SIZE=5 COLOR=GRAY NOSHADE>

<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>c.</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          This
Warrant shall be governed by, construed and enforced in accordance with the
          internal laws of the State of New York without regard to the principles of
          conflicts of law thereof.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>d.&nbsp;&nbsp;&nbsp;&nbsp;</B>The
headings herein are for convenience only, do not constitute a part of           this
Warrant and shall not be deemed to limit or affect any of the provisions
          hereof.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>e.&nbsp;&nbsp;&nbsp;&nbsp;</B>In
case any one or more of the provisions of this Warrant shall be invalid           or
unenforceable in any respect, the validity and enforceablilty of the           remaining
terms and provisions of this Warrant shall not in any way be affected           or
impaired thereby and the parties will attempt in good faith to agree upon a
          valid and enforceable provision which shall be a commercially reasonably
          substitute therefore, and upon so agreeing, shall incorporate such substitute
          provision in this Warrant.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>f.&nbsp;&nbsp;&nbsp;&nbsp;</B>The
Warrant Holder shall not, by virtue hereof, be entitled to any voting or           other
rights of a shareholder of the Company, either at law or equity, and the           rights
of the Warrant Holder are limited to those expressed in this Warrant.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN
WITNESS WHEREOF, the Company has caused this Warrant to be duly executed by the
authorized officer as of October 20, 2004.  </FONT></P>


<TABLE WIDTH="760" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2" ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">WidePoint Corporation<BR><BR><BR></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
</TR>
<TR VALIGN="TOP">
     <TD WIDTH="4%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>By:&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="46%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Name:&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title:&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
</TABLE>
<BR><BR><BR><BR><BR><BR>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7 </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM OF ELECTION TO
PURCHASE </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(To be executed by the Warrant Holder
to exercise the right to purchase shares of Common Stock under the foregoing Warrant) </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">To:&nbsp;&nbsp;<B>WidePoint
Corporation:</B> </FONT> </H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In accordance with the Warrant enclosed
with this Form of Election to Purchase, the undersigned hereby irrevocably elects to
purchase ______________ shares of Common Stock (&#147;Common Stock&#148;), $0.001 par
value, of WidePoint Corporation and encloses one warrant and $0.40 for each Warrant Share
being purchased or an aggregate of $________________ in cash or certified or official bank
check or checks, which sum represents the aggregate Exercise Price (as defined in the
Warrant) together with any applicable taxes payable by the undersigned pursuant to the
Warrant. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The undersigned requests that
certificates for the shares of Common Stock issuable upon this exercise be issued in the
name of: </FONT></P>


<TABLE WIDTH="760" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
</TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">(Please print name and address) </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">(Please insert Social Security or Tax Identification Number) </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
</TR>
</TABLE>
<BR>






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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If the number of shares of Common
Stock issuable upon this exercise shall not be all of the shares of Common Stock which the
undersigned is entitled to purchase in accordance with the enclosed Warrant, the
undersigned requests that a New Warrant (as defined in the Warrant) evidencing the right
to purchase the shares of Common Stock not issuable pursuant to the exercise evidenced
hereby be issued in the name of and delivered to: </FONT></P>

<TABLE WIDTH="760" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
</TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1">(Please print name and address) </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="1"></FONT></TD>
</TR>
</TABLE>
<BR><BR>




<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Dated:______________________<BR><BR><BR> </FONT></TD>
     <TD COLSPAN="2" ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Name of Warrant Holder:<BR><BR><BR></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="4%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Print)&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="46%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;</FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="4%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(By:)&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="46%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;</FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="4%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>(Name:)&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="46%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>&nbsp;&nbsp;</FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="4%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Title:)&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="46%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;</FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> <BR>Signature must conform in all respects to name of<BR>
                                                     Warrant Holder as specified on the face of the Warrant</FONT></TD></TR>
</TABLE>
<BR><BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8 </FONT></P>

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>cmw1005d.htm
<DESCRIPTION>REGISTRATION RIGHTS AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE>
</TITLE>
</HEAD>
<BODY>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>REGISTRATION RIGHTS
AGREEMENT</U> </FONT> </H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS
REGISTRATION RIGHTS AGREEMENT (the &#147;<B><U>Agreement</U></B>&#148;) is made and
entered into as of 20th day of October, 2004 by and among<B> WidePoint Corporation, </B>a
corporation organized and existing under the laws of the State of Delaware
(&#147;<B><U>WidePoint</U></B>&#148; or the
&#147;<B><U>Company</U></B>&#148;), and Barron Partners L.P., a Delaware limited
partnership (hereinafter referred to as the &#147;<B><U>Investor</U></B>&#148;).
Unless defined otherwise, capitalized terms herein shall have the identical meaning as in
the Preferred Stock Purchase Agreement. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>PRELIMINARY
STATEMENT</U> </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>,
pursuant to the Preferred Stock Purchase Agreement, of even date herewith, by and among
WidePoint and the Investor, as part of the consideration, Investor shall receive Preferred
Stock and Warrants, which upon conversion and exercise, in accordance with the terms of
the Preferred Stock Purchase Agreement and Warrant Agreement, entitle the Investor to
receive Shares of WidePoint; and </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>,
the ability of the Investors to sell their Shares of Common Stock is subject to certain
restrictions under the 1933 Act; and </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>,
as a condition to the Preferred Stock Purchase Agreement, WidePoint has agreed to provide
the Investor with a mechanism that will permit such Investor, subject to a market
stand-off agreement, to sell its Shares of Common Stock in the future. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>NOW,
THEREFORE</B>, in consideration of the premises and of the mutual covenants and
agreements, and subject to the terms and conditions herein contained, the parties hereto
hereby agree as follows: </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE I </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>INCORPORATION BY
REFERENCE, SUPERSEDER</U> </FONT> </H1>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">1.1 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>Incorporation
by Reference</B></U>. The foregoing recitals and the Exhibits attached hereto and referred to
herein, are hereby acknowledged to be true and accurate, and are incorporated herein by
this reference. </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">1.2 &nbsp;&nbsp;&nbsp;&nbsp;<U><B>Superseder</B></U>.
This Agreement, to the extent that it is inconsistent with any other instrument or
understanding among the parties governing the affairs of the Company, shall supersede
such instrument or understanding to the fullest extent permitted by law. A copy of this
Agreement shall be filed at the Company&#146;s principal office. </FONT> </P>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 1 OF 17  </FONT></H1>





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<BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE II </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>DEMAND REGISTRATION
RIGHTS</U> </FONT> </H1>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.1 &nbsp;&nbsp;&nbsp;&nbsp;&#147;<B><U>Registrable
Securities</U></B>&#148; means and includes the Shares of WidePoint underlying the
Preferred Stock and Warrants issued pursuant to the Preferred Stock Purchase Agreement
and Warrant Agreement. As to any particular Registrable Securities, such securities will
cease to be Registrable Securities when (a) they have been effectively registered under
the 1933 Act and disposed of in accordance with the registration statement covering them,
(b) they are or may be freely traded without registration pursuant to Rule 144 under the
1933 Act (or any similar provisions that are then in effect), or (c) they have been
otherwise transferred and new certificates for them not bearing a restrictive legend have
been issued by WidePoint and WidePoint shall not have &#147;stop transfer&#148; instructions
against them. &#147;<B><U>Shares</U></B>&#148; shall mean, collectively, the
shares of Common Stock of the Company issuable upon conversion of the Preferred Stock and
those shares of Common Stock of the Company issuable to the Investor upon exercise of the
Warrants.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Registration
of Registrable Securities</U></B>. The Company shall prepare and file within sixty
(60) days following the date hereof (the &#147;<B><U>Filing Date</U></B>&#148;) a
registration statement (the &#147;<B><U>Registration Statement</U></B>&#148;)
covering the resale of the Registrable Securities. The Company shall use its best efforts
to cause the Registration Statement to be declared effective by the SEC on the earlier of
(i) 120 days following the Closing Date with respect to the Registration Statement, (ii)
ten (10) days following the receipt of a &#147;No Review&#148; or similar letter from the
SEC or (iii) the first business day following the day the SEC determines the Registration
Statement eligible to be declared effective (the &#147;<B><U>Required Effectiveness Date</U></B>&#148;).
Nothing contained herein shall be deemed to limit the number of Registrable Securities to
be registered by the Company hereunder. As a result, should the Registration Statement
not relate to the maximum number of Registrable Securities acquired by (or potentially
acquirable by) the holders of the Shares of WidePoint issued to the Investor pursuant to
the Preferred Stock Purchase Agreement, the Company shall be required to promptly file a
separate registration statement (utilizing Rule 462 promulgated under the Exchange Act,
where applicable) relating to such Registrable Securities which then remain unregistered.
The provisions of this Agreement shall relate to any such separate registration statement
as if it were an amendment to the Registration Statement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Demand
Registration</U></B>. Subject to the limitations of Section 2.2, at any time, the
Investor may request the registration, once and only once, under the 1933 Act of all or
part of the Registrable Shares then outstanding (a &#147;<B><U>Demand Registration</U></B>&#148;).
Subject to the conditions of Section 3, the Company shall use its best efforts to file
such registration statement under the 1933 Act as promptly as practicable after the date
any such request is received by the Company and to cause such registration statement to
be declared effective. The Company shall notify the Investor promptly when any such
registration statement has been declared effective. If more than eighty percent (80%) of
the Shares issuable under the Preferred Stock Purchase Agreement have been registered or
sold, this provision shall expire.  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 2 OF 17  </FONT></H1>





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<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.4 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Registration
Statement Form</U></B>. Registrations under Section 2.2 and Section 2.3 shall be on the
appropriate registration form of the SEC as shall permit the disposition of such
Registrable Securities in accordance with the intended method or methods of disposition
specified in the Registration Statement; provided, however, such intended method of
disposition shall not include an underwritten offering of the Registrable Securities.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.5 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Expenses</U></B>.
The Company will pay all Registration expenses in connection with any registration
required by under Sections 2.2 and Section 2.3 herein.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.6 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Effective
Registration Statement</U></B>. A registration requested pursuant to Sections 2.2 and
Section 2.3 shall not be deemed to have been effected (i) unless a registration statement
with respect thereto has become effective within the time period specified herein,
provided that a registration which does not become effective after the Company filed a
registration statement with respect thereto solely by reason of the refusal to proceed of
any holder of Registrable Securities (other than a refusal to proceed based upon the
advice of counsel in the form of a letter signed by such counsel and provided to the
Company relating to a disclosure matter unrelated to such holder) shall be deemed to have
been effected by the Company unless the holders of the Registrable Securities shall have
elected to pay all Registration Expenses in connection with such registration, (ii) if,
after it has become effective, such registration becomes subject to any stop order,
injunction or other order or extraordinary requirement of the SEC or other governmental
agency or court for any reason or (iii) if, after it has become effective, such
registration ceases to be effective for more than the allowable Black-Out Periods (as
defined herein).  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.7 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Plan
Of Distribution. </U></B>The Company hereby agrees that the Registration Statement shall
include a plan of distribution section reasonably acceptable to the Investor; provided,
however, such plan of distribution section shall be modified by the Company so as to not
provide for the disposition of the Registrable Securities on the basis of an underwritten
offering.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.8 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Liquidated
Damages</U></B>. If after the sixty (60) days after the date hereof the Company has not
filed a Registration Statement and used its best efforts to cause the Registration
Statement to be declared effective by the SEC within 120 days following the Closing Date,
or in the event the Company does not register the Registrable Securities pursuant to the
requirements of Section 2.2 herein, or if the Registration Statement filed pursuant to
Section 2.2 herein is not declared effective, or if the Registrable Securities are
registered pursuant to an effective Registration Statement and such Registration
Statement or other Registration Statement including the Registrable Securities is not
effective in the period from 180 days following the Closing Date through two (2) years
following the date hereof, subject to permissible Blackout Periods and Registration
Maintenance Periods (an &#147;Event Date&#148;), then in such event the Company shall pay
to the Investor for each month, if any, occurring after an Event Date and ending upon the
cure of the event which cause the Event Date, as liquidated damages and not as a penalty,
an amount equal to one percent (1%) of the Purchaser&#146;s purchase price of Two Million
Dollars ($2,000,000.00) for the Preferred Stock or such lesser amount of Preferred Stock
which has not be converted into Common Stock prior to the subject Event Date, such
payment shall be made no later than the first business day of the calendar month next
succeeding the month in which such day occurs; provided, however, that no such payment
shall be due or payable by the Company to the Investor in the event any delay in filing,
effectiveness or continuation of any such Registration Statement is due to any act or
omission of the Investor, including but not limited to the Investor&#146;s investment in
the Preferred Stock, the Warrants and the underlying Shares.  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 3 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The parties agree that the only
damages payable for a violation of the terms of this Agreement with respect to which
liquidated damages are expressly provided shall be such liquidated damages. Nothing shall
preclude the Investor from pursuing or obtaining specific performance or other equitable
relief with respect to this Agreement. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The parties hereto agree that the
liquidated damages provided for in this Section 2.8 constitute a reasonable estimate of
the damages that may be incurred by the Investor by reason of the failure of the
Registration Statement to be filed or declared effective in accordance with the provisions
hereof. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The obligation of the Company
terminates when the holder of shares of Registrable Securities no longer holds more than
twenty percent (20%) of its shares of Registrable Securities. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE III </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>INCIDENTAL
REGISTRATION RIGHTS</U> </FONT> </H1>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Right
To Include (&#147;Piggy-Back&#148;) Registrable Securities. </U></B>Provided that the
Registrable Securities have not been registered, if at any time after the date hereof but
before the second anniversary of the date hereof, the Company proposes to register any of
its securities under the 1933 Act (other than by a registration in connection with an
acquisition in a manner which would not permit registration of Registrable Securities for
sale to the public, on Form S-8, or any successor form thereto, on Form S-4, or any
successor form thereto and other than pursuant to Section 2), on an underwritten basis
(either best-efforts or firm-commitment), then, the Company will each such time give
prompt written notice to all holders of Registrable Securities of its intention to do so
and of such holders of Registrable Securities&#146; rights under this Section 3.1. Upon
the written request of any such holders of Registrable Securities received by the Company
within ten (10) days after the receipt of any such notice (which request shall specify
the Registrable Securities intended to be disposed of by such holders of Registrable
Securities and the intended method of disposition thereof), the Company will, subject to
the terms of this Agreement and with the consent of the underwriter(s), if any, use its
commercially reasonable best efforts to effect the registration under the 1933 Act of the
Registrable Securities, to the extent requisite to permit the disposition (in accordance
with the intended methods thereof as aforesaid) of such Registrable Securities so to be
registered, by inclusion of such Registrable Securities in the registration statement
which covers the securities which the Company proposes to register, provided that if, at
any time after written notice of its intention to register any securities and prior to
the effective date of the registration statement filed in connection with such
registration, the Company shall determine for any reason either not to register or to
delay registration of such securities, the Company may, at its election, give written
notice of such determination to each holders of Registrable Securities and, thereupon,
(i) in the case of a determination not to register, shall be relieved of this obligation
to register any Registrable Securities in connection with such registration (but not from
its obligation to pay the Registration Expenses in connection therewith), without
prejudice, however, to the rights of any holder or holders of Registrable Securities
entitled to do so to request that such registration be effected as a registration under
Section 2, and (ii) in the case of a determination to delay registering, shall be
permitted to delay registering any Registrable Securities, for the same period as the
delay in registering such other securities. No registration effected under this Section
3.1 shall relieve the Company of its obligation to effect any registration upon request
under Section 2. The Company will pay all Registration Expenses in connection with each
registration of Registrable Securities requested pursuant to this Section 3.1. The right
provided the Holders of the Registrable Securities pursuant to this Section shall be
exercisable at their sole discretion  </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 4 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Priority
In Incidental Registrations</U></B>. If the managing underwriter of the underwritten
offering contemplated by this Section 3 shall inform the Company and holders of the
Registrable Securities requesting such registration by letter of its belief that the
number of securities requested to be included in such registration exceeds the number
which can be sold in such offering, then the Company will include in such registration,
to the extent of the number which the Company is so advised can be sold in such offering,
(i) first securities proposed by the Company to be sold for its own account, and (ii)
second Registrable Securities and (iii) securities of other selling security holders
requested to be included in such registration.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE IV </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>REGISTRATION
PROCEDURES</U> </FONT> </H1>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.1 &nbsp;&nbsp;&nbsp;&nbsp;REGISTRATION
PROCEDURES. If and whenever the Company is required to effect the registration of any
Registrable Securities under the 1933 Act as provided in Section 2.2 and, as applicable,
2.3, the Company shall, as expeditiously as possible:  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR><BR><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 5 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;prepare
and file with the SEC the Registration Statement, or amendments thereto,           to
effect such registration (including such audited financial statements as may           be
required by the 1933 Act or the rules and regulations promulgated thereunder)
          and thereafter use its commercially reasonable best efforts to cause such
          registration statement to be declared effective by the SEC, as soon as
          practicable, but in any event no later than the Required Effectiveness Date
          (with respect to a registration pursuant to Section 2.2); provided, however,
          that before filing such registration statement or any amendments thereto, the
          Company will furnish to the counsel selected by the holders of Registrable
          Securities which are to be included in such registration, copies of all such
          documents proposed to be filed;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp; with
respect to any registration statement pursuant to Section 2.2 or Section           2.3,
prepare and file with the SEC such amendments and supplements to such
          registration statement and the prospectus used in connection therewith as may
be           necessary to keep such registration statement effective and to comply with
the           provisions of the 1933 Act with respect to the disposition of all
Registrable           Securities covered by such registration statement until the earlier
to occur of           thirty six (36) months after the date of this Agreement if (i)
there is material           non-public information regarding the Company which the Company&#146;s
Board of           Directors (the <U>&#147;Board</U>&#148;) reasonably determines not to
be in the           Company&#146;s best interest to disclose and which the Company is not
otherwise           required to disclose, or (ii) there is a significant business
opportunity           (including, but not limited to, the acquisition or disposition of
assets (other           than in the ordinary course of business) or any merger,
consolidation, tender           offer or other similar transaction) available to the
Company which the Board           reasonably determines not to be in the Company&#146;s
best interest to disclose,           then the Company may postpone or suspend filing or
effectiveness of a           registration statement for a period not to exceed 15
consecutive calendar days,           provided that the Company may not postpone or
suspend its obligation under this           paragraph for more than 30 calendar days in
the aggregate during any 360           calendar day period; <U>provided</U>, <U>however</U>,
that no such postponement           or suspension shall be permitted for consecutive 15
calendar day periods,           arising out of the same set of facts, circumstances or
transactions (each a           &#147;<B><U>Black-Out Period</U></B>&#148;). The Company
may also suspend           the effectiveness of the Registration Statement in order to
conform disclosure           of the Registration Statement in order to conform the
disclosure therein to its           most recent periodic filings or current reports under
the Exchange Act at the           time that such filing or report is made and for a
reasonable period thereafter           in order to respond to any comments from the staff
of the SEC or such time as           all of the securities which are the subject of such
registration statement cease           to be Registrable Securities (such period, in each
case, the           &#147;<B><U>Registration Maintenance Period</U></B>&#148;);  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;furnish
to each holder of Registrable Securities covered by such registration           statement
such number of conformed copies of such registration statement and of           each such
amendment and supplement thereto (in each case including all           exhibits), such
number of copies of the prospectus contained in such           registration statement
(including each preliminary prospectus and any summary           prospectus) and any
other prospectus filed under Rule 424 under the 1933 Act, in           conformity with
the requirements of the 1933 Act, and such other documents, as           such holder of
Registrable Securities and underwriter, if any, may reasonably           request in order
to facilitate the public sale or other disposition of the           Registrable
Securities owned by such holder of Registrable Securities;  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 6 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;use
its commercially reasonable best efforts to register or qualify all           Registrable
Securities and other securities covered by such registration           statement under
such other U.S. federal or state securities laws or U.S. state           blue sky laws as
any U.S. holder of Registrable Securities thereof shall           reasonably request, to
keep such registrations or qualifications in effect for           so long as such
registration statement remains in effect, and take any other           action which may
be reasonably necessary to enable such holder of Registrable           Securities to
consummate the disposition in such jurisdictions of the securities           owned by
such holder of Registrable Securities, except that the Company shall           not for
any such purpose be required to qualify generally to do business as a           foreign
corporation in any jurisdiction wherein it would not but for the           requirements
of this subdivision (iv) be obligated to be so qualified or to           consent to
general service of process in any such jurisdiction;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; use
its commercially reasonable best efforts to cause all Registrable Securities
          covered by such registration statement to be registered with or approved by
such           other governmental agencies or authorities as may be necessary to enable
the           U.S. holder of Registrable Securities thereof to consummate the disposition
of           such Registrable Securities;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi)&nbsp;&nbsp;&nbsp;&nbsp;furnish
to each holder of Registrable Securities a signed counterpart, addressed           to
such holder of Registrable Securities, and the underwriters, if any, of an
          opinion of counsel for the Company, dated the effective date of such
          registration statement (or, if such registration includes an underwritten
public           offering, an opinion dated the date of the closing under the
underwriting           agreement), reasonably satisfactory in form and substance to such
holder of           Registrable Securities) including that the prospectus and any
prospectus           supplement forming a part of the Registration Statement does not
contain an           untrue statement of a material fact or omits a material fact
required to be           stated therein or necessary in order to make the statements
therein, in light of           the circumstances under which they were made, not
misleading, and  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii)&nbsp;&nbsp;&nbsp; notify
the Investor and its counsel promptly and confirm such advice in writing
          promptly after the Company has knowledge thereof:  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)&nbsp;&nbsp;&nbsp;&nbsp;  when
the Registration Statement, the prospectus or any prospectus supplement           related
thereto or post-effective amendment to the Registration Statement has           been
filed, and, with respect to the Registration Statement or any           post-effective
amendment thereto, when the same has become effective;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B)&nbsp;&nbsp;&nbsp;&nbsp;  of
any request by the SEC for amendments or supplements to the Registration
          Statement or the prospectus or for additional information;  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 7 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C)&nbsp;&nbsp;&nbsp;&nbsp;  of
the issuance by the SEC of any stop order suspending the effectiveness of the
          Registration Statement or the initiation of any proceedings by any Person for
          that purpose; and  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D)&nbsp;&nbsp;&nbsp;&nbsp;  of
the receipt by the Company of any notification with respect to the suspension
          of the qualification of any Registrable Securities for sale under the
securities           or blue sky laws of any jurisdiction or the initiation or threat of
any           proceeding for such purpose;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii)&nbsp;&nbsp; notify
each holder of Registrable Securities covered by such registration           statement,
at any time when a prospectus relating thereto is required to be           delivered
under the 1933 Act, upon discovery that, or upon the happening of any           event as
a result of which, the prospectus included in such registration           statement, as
then in effect, includes an untrue statement of a material fact or           omits to
state any material facts required to be stated therein or necessary to           make the
statements therein not misleading in the light of the circumstances           then
existing, and at the request of any such holder of Registrable Securities
          promptly prepare and furnish to such holder of Registrable Securities a
          reasonable number of copies of a supplement to or an amendment of such
          prospectus as may be necessary so that, as thereafter delivered to the
          purchasers of such securities, such prospectus shall not include an untrue
          statement of a material fact or omit to state a material fact required to be
          stated therein or necessary to make the statements therein not misleading in
the           light of the circumstances then existing;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix)&nbsp;&nbsp;&nbsp;&nbsp;use
its best efforts to obtain the withdrawal of any order suspending the
          effectiveness of the Registration Statement at the earliest possible moment;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;otherwise
use its commercially reasonable best efforts to comply with all           applicable
rules and regulations of the SEC, and make available to its security           holders,
as soon as reasonably practicable, an earnings statement covering the           period of
at least twelve months, but not more than eighteen months, beginning           with the
first full calendar month after the effective date of such registration
          statement, which earnings statement shall satisfy the provisions of Section
          11(a) of the 1933 Act and Rule 158 thereunder;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xi)&nbsp;&nbsp;&nbsp;&nbsp;enter
into such agreements and take such other actions as the Investors shall
          reasonably request in writing (at the expense of the requesting or benefiting
          Investors) in order to expedite or facilitate the disposition of such
          Registrable Securities; and  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(xii)&nbsp;&nbsp;&nbsp; use
its commercially reasonable best efforts to list all Registrable Securities
          covered by such registration statement on any securities exchange on which any
          of the Registrable Securities are then listed.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company may require each holder of Registrable Securities as to which any registration is
being effected to furnish the Company such information regarding such holder of
Registrable Securities and the distribution of such securities as the Company may from
time to time reasonably request in writing. </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 8 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.2 &nbsp;&nbsp;&nbsp;&nbsp;The
Company will not file any registration statement pursuant to Section 2.2 or Section 2.3,
or amendment thereto or any prospectus or any supplement thereto to which the Investors
shall reasonably object, provided that the Company may file such documents in a form
required by law or upon the advice of its counsel.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.3 &nbsp;&nbsp;&nbsp;&nbsp;The
Company represents and warrants to each holder of Registrable Securities that it has
obtained all necessary waivers, consents and authorizations necessary to execute this
Agreement and consummate the transactions contemplated hereby other than such waivers,
consents and/or authorizations specifically contemplated by the Preferred Stock Purchase
Agreement.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.4 &nbsp;&nbsp;&nbsp;&nbsp;Each
holder of Registrable Securities agrees that, upon receipt of any notice from the Company
of the occurrence of any event of the kind described in subdivision (viii) of Section
4.1, such Holder will forthwith discontinue such holder of Registrable Securities&#146; disposition
of Registrable Securities pursuant to the Registration Statement relating to such
Registrable Securities until such holder of Registrable Securities&#146; receipt of the
copies of the supplemented or amended prospectus contemplated by subdivision (viii) of
Section 4.1 and, if so directed by the Company, will deliver to the Company (at the
Company&#146;s expense) all copies, other than permanent file copies, then in such Holder&#146;s
possession of the prospectus relating to such Registrable Securities current at the time
of receipt of such notice.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE V </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>UNDERWRITTEN OFFERINGS</U> </FONT> </H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Incidental
Underwritten Offerings</U></B>. If the Company at any time proposes to register any of
its securities under the 1933 Act as contemplated by Section 3.1 and such securities are
to be distributed by or through one or more underwriters, the Company will, if requested
by any holder of Registrable Securities as provided in Section 3.1 and subject to the
provisions of Section 3.2, use its commercially reasonable best efforts to arrange for
such underwriters to include all the Registrable Securities to be offered and sold by
such holder among the securities to be distributed by such underwriters.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Participation
In Underwritten Offerings</U></B>. No holder of Registrable Securities may participate in
any underwritten offering under Section 3.1 unless such holder of Registrable Securities
(i) agrees to sell such Person&#146;s securities on the basis provided in any
underwriting arrangements approved, subject to the terms and conditions hereof, by the
holders of a majority of Registrable Securities to be included in such underwritten
offering and (ii) completes and executes all questionnaires, indemnities, underwriting
agreements and other documents (other than powers of attorney) required under the terms
of such underwriting arrangements. Notwithstanding the foregoing, no underwriting
agreement (or other agreement in connection with such offering) shall require any holder
of Registrable Securities to make a representation or warranty to or agreements with the
Company or the underwriters other than representations and warranties contained in a
writing furnished by such holder of Registrable Securities expressly for use in the
related registration statement or representations, warranties or agreements regarding
such holder of Registrable Securities, such holder&#146;s Registrable Securities and such
holder&#146;s intended method of distribution and any other representation required by
law.  </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 9 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Preparation;
Reasonable Investigation</U></B>. In connection with the preparation and filing of each
registration statement under the 1933 Act pursuant to this Agreement, the Company will
give the holders of Registrable Securities registered under such registration statement,
and their respective counsel and accountants, the opportunity to participate in the
preparation of such registration statement, each prospectus included therein or filed
with the SEC, and each amendment thereof or supplement thereto, and will give each of
them such access to its books and records and such opportunities to discuss the business
of the Company with its officers and the independent public accountants who have
certified its financial statements as shall be necessary, in the reasonable opinion of
such holders&#146; and such underwriters&#146; respective counsel, to conduct a
reasonable investigation within the meaning of the 1933 Act.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE VI </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>INDEMNIFICATION</U> </FONT> </H1>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Indemnification
by the Company</U></B>. In the event of any registration of any securities of the Company
under the 1933 Act, the Company will, and hereby does agree to indemnify and hold
harmless the holder of any Registrable Securities covered by such registration statement,
its directors and officers, each other Person who participates as an underwriter in the
offering or sale of such securities and each other Person, if any, who controls such
holder or any such underwriter within the meaning of the 1933 Act against any losses,
claims, damages or liabilities, joint or several, to which such holder or any such
director or officer or underwriter or controlling person may become subject under the
1933 Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions
or proceedings, whether commenced or threatened, in respect thereof) arise out of or are
based upon any untrue statement or alleged untrue statement of any material fact
contained in any registration statement under which such securities were registered under
the 1933 Act, any preliminary prospectus, final prospectus or summary prospectus
contained therein, or any amendment or supplement thereto, or any omission or alleged
omission to state therein a material fact required to be stated therein or necessary to
make the statements therein not misleading, and the Company will reimburse such holder
and each such director, officer, underwriter and controlling person for any legal or any
other expenses reasonably incurred by them in connection with investigating or defending
any such loss, claim, liability, action or proceeding, provided that the Company shall
not be liable in any such case to the extent that any such loss, claim, damage,
liability, (or action or proceeding in respect thereof) or expense arises out of or is
based upon an untrue statement or alleged untrue statement or omission or alleged
omission made in such registration statement, any such preliminary prospectus, final
prospectus, summary prospectus, amendment or supplement in reliance upon and in
conformity with written information furnished to the Company by such holder or
underwriter stating that it is for use in the preparation thereof and, provided further
that the Company shall not be liable to any Person who participates as an underwriter in
the offering or sale of Registrable Securities or to any other Person, if any, who
controls such underwriter within the meaning of the 1933 Act, in any such case to the
extent that any such loss, claim, damage, liability (or action or proceeding in respect
thereof) or expense arises out of such Person&#146;s failure to send or give a copy of
the final prospectus, as the same may be then supplemented or amended, within the time
required by the 1933 Act to the Person asserting the existence of an untrue statement or
alleged untrue statement or omission or alleged omission at or prior to the written
confirmation of the sale of Registrable Securities to such Person if such statement or
omission was corrected in such final prospectus or an amendment or supplement thereto.
Such indemnity shall remain in full force and effect regardless of any investigation made
by or on behalf of such holder or any such director, officer, underwriter or controlling
person and shall survive the transfer of such securities by such holder.  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 10 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Indemnification
by the Investor</U></B>. The Company may require, as a condition to including any
Registrable Securities in any registration statement filed pursuant to this Agreement,
that the Company shall have received an undertaking satisfactory to it from the
prospective holder of such Registrable Securities, to indemnify and hold harmless (in the
same manner and to the same extent as set forth in Section 6.1) the Company, each
director of the Company, each officer of the Company and each other Person, if any, who
controls the Company within the meaning of the 1933 Act, with respect to any statement or
alleged statement in or omission or alleged omission from such registration statement,
any preliminary prospectus, final prospectus or summary prospectus contained therein, or
any amendment or supplement thereto, if such statement or alleged statement or omission
or alleged omission was made in reliance upon and in conformity with written information
furnished to the Company through an instrument duly executed by such holder of
Registrable Securities specifically stating that it is for use in the preparation of such
registration statement, preliminary prospectus, final prospectus, summary prospectus,
amendment or supplement. Any such indemnity shall remain in full force and effect,
regardless of any investigation made by or on behalf of the Company or any such director,
officer or controlling person and shall survive the transfer of such securities by such
Investor. The indemnification by the Investors shall be limited to the amount they have
invested on the Closing Date.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Notices
Of Claims, Etc</U></B>. Promptly after receipt by an indemnified party of notice of the
commencement of any action or proceeding involving a claim referred to in Sections 6.1
and Section 6.2, such indemnified party will, if claim in respect thereof is to be made
against an indemnifying party, give written notice to the latter of the commencement of
such action, provided that the failure of any indemnified party to give notice as
provided herein shall not relieve the indemnifying party of its obligations under
Sections 6.1 and Section 6.2, except to the extent that the indemnifying party is
actually prejudiced by such failure to give notice. In case any such action is brought
against an indemnified party, unless in such indemnified party&#146;s reasonable judgment
a conflict of interest between such indemnified and indemnifying parties may exist in
respect of such claim, the indemnifying party shall be entitled to participate in and to
assume the defense thereof, jointly with any other indemnifying party similarly notified,
to the extent that the indemnifying party may wish, with counsel reasonably satisfactory
to such indemnified party, and after notice from the indemnifying party to such
indemnified party of its election so to assume the defense thereof, the indemnifying
party shall not be liable to such indemnified party for any legal or other expenses
subsequently incurred by the latter in connection with the defense thereof other than
reasonable costs of investigation. No indemnifying party shall, without the consent of
the indemnified party, consent to entry of any judgment or enter into any settlement of
any such action which does not include as an unconditional term thereof the giving by the
claimant or plaintiff to such indemnified party of a release from all liability, or a
covenant not to sue, in respect to such claim or litigation. No indemnified party shall
consent to entry of any judgment or enter into any settlement of any such action the
defense of which has been assumed by an indemnifying party without the consent of such
indemnifying party.  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 11 OF 17  </FONT></H1>





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<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.4 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Other
Indemnification</U></B>. Indemnification similar to that specified in Sections 6.1 and
Section 6.2 (with appropriate modifications) shall be given by the Company and each
holder of Registrable Securities (but only if and to the extent required pursuant to the
terms herein) with respect to any required registration or other qualification of
securities under any Federal or state law or regulation of any governmental authority,
other than the 1933 Act.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.5 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Indemnification
Payments</U></B>. The indemnification required by Sections 6.1 and Section 6.2 shall be
made by periodic payments of the amount thereof during the course of the investigation or
defense, as and when bills are received or expense, loss, damage or liability is
incurred.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6.6 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Contribution</U></B>.
If the indemnification provided for in Sections 6.1 and Section 6.2 is unavailable to an
indemnified party in respect of any expense, loss, claim, damage or liability referred to
therein, then each indemnifying party, in lieu of indemnifying such indemnified party,
shall contribute to the amount paid or payable by such indemnified party as a result of
such expense, loss, claim, damage or liability (i) in such proportion as is appropriate
to reflect the relative benefits received by the Company on the one hand and the holder
of Registrable Securities or underwriter, as the case may be, on the other from the
distribution of the Registrable Securities or (ii) if the allocation provided by clause
(i) above is not permitted by applicable law, in such proportion as is appropriate to
reflect not only the relative benefits referred to in clause (i) above but also the
relative fault of the Company on the one hand and of the holder of Registrable Securities
or underwriter, as the case may be, on the other in connection with the statements or
omissions which resulted in such expense, loss, damage or liability, as well as any other
relevant equitable considerations. The relative benefits received by the Company on the
one hand and the holder of Registrable Securities or underwriter, as the case may be, on
the other in connection with the distribution of the Registrable Securities shall be
deemed to be in the same proportion as the total net proceeds received by the Company
from the initial sale of the Registrable Securities by the Company to the purchasers bear
to the gain, if any, realized by all selling holders participating in such offering or
the underwriting discounts and commissions received by the underwriter, as the case may
be. The relative fault of the Company on the one hand and of the holder of Registrable
Securities or underwriter, as the case may be, on the other shall be determined by
reference to, among other things, whether the untrue or alleged untrue statement of a
material fact or omission to state a material fact relates to information supplied by the
Company, by the holder of Registrable Securities or by the underwriter and the parties&#146; relative
intent, knowledge, access to information supplied by the Company, by the holder of
Registrable Securities or by the underwriter and the parties&#146; relative intent,
knowledge, access to information and opportunity to correct or prevent such statement or
omission, provided that the foregoing contribution agreement shall not inure to the
benefit of any indemnified party if indemnification would be unavailable to such
indemnified party by reason of the provisions contained herein, and in no event shall the
obligation of any indemnifying party to contribute under this Section 6.6 exceed the
amount that such indemnifying party would have been obligated to pay by way of
indemnification if the indemnification provided for hereunder had been available under
the circumstances.  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 12 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company and the holders of Registrable Securities agree that it would not be just and
equitable if contribution pursuant to this Section 6.6 were determined by pro rata
allocation (even if the holders of Registrable Securities and any underwriters were
treated as one entity for such purpose) or by any other method of allocation that does not
take account of the equitable considerations referred to in the immediately preceding
paragraph. The amount paid or payable by an indemnified party as a result of the losses,
claims, damages and liabilities referred to in the immediately preceding paragraph shall
be deemed to include, subject to the limitations set forth herein, any legal or other
expenses reasonably incurred by such indemnified party in connection with investigating or
defending any such action or claim. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
the provisions of this Section 6.6, no holder of Registrable Securities or underwriter
shall be required to contribute any amount in excess of the amount by which (i) in the
case of any such holder, the net proceeds received by such holder from the sale of
Registrable Securities or (ii) in the case of an underwriter, the total price at which the
Registrable Securities purchased by it and distributed to the public were offered to the
public exceeds, in any such case, the amount of any damages that such holder or
underwriter has otherwise been required to pay by reason of such untrue or alleged untrue
statement or omission. No Person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the 1933 Act) shall be entitled to contribution from any
person who was not guilty of such fraudulent misrepresentation. </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 13 OF 17  </FONT></H1>





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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE VII </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>RULE 144</U> </FONT> </H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Rule
144</U></B>. The Company shall timely file (or obtain extensions in respect thereof and
file within the applicable grace period) the reports required to be filed by it under the
1933 Act and the 1934 Act (including but not limited to the reports under Sections 13 and
15(d) of the Exchange Act referred to in subparagraph (c) of Rule 144 adopted by the SEC
under the 1933 Act) and the rules and regulations adopted by the SEC thereunder (or, if
the Company is not required to file such reports, will, upon the request of any holder of
Registrable Securities, make publicly available other information), all to the extent
required from time to time to enable such holder to sell Registrable Securities without
registration under the 1933 Act within the limitation of the exemptions provided by (a)
the compliance by the holder of Registrable Securities at its sole cost with Rule 144
under the 1933 Act, as such Rule may be amended from time to time, or any similar rule or
regulation hereafter adopted by the SEC and (b) the compliance by the holder of
Registrable Securities at its sole cost with any applicable state &#145;blue sky&#148; securities
laws and all other applicable laws, rules and regulations. Upon the request of any holder
of Registrable Securities, the Company will deliver to such holder a written statement as
to whether it has complied with the requirements of this Section 7.1.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE VIII </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>MISCELLANEOUS</U> </FONT> </H1>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.1 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Amendments
And Waivers</U></B>. This Agreement may be amended and the Company may take any action
herein prohibited, or omit to perform any act herein required to be performed by it, only
if the Company shall have obtained the written consent to such amendment, action or
omission to act, of the holder or holders of the sum of the fifty-one percent (51%) or
more of the shares of (i) Registrable Securities issued at such time, plus (ii)
Registrable Securities issuable upon exercise or conversion of the Securities then
constituting derivative securities (if such Securities were not fully exchanged or
converted in full as of the date such consent if sought). Each holder of any Registrable
Securities at the time or thereafter outstanding shall be bound by any consent authorized
by this Section 8.1, whether or not such Registrable Securities shall have been marked to
indicate such consent.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.2 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Nominees
For Beneficial Owners</U></B>. In the event that any Registrable Securities are held by a
nominee for the beneficial owner thereof, the beneficial owner thereof may, at its
election, be treated as the holder of such Registrable Securities for purposes of any
request or other action by any holder or holders of Registrable Securities pursuant to
this Agreement or any determination of any number of percentage of shares of Registrable
Securities held by a holder or holders of Registrable Securities contemplated by this
Agreement. If the beneficial owner of any Registrable Securities so elects, the Company
may require assurances reasonably satisfactory to it of such owner&#146;s beneficial
ownership or such Registrable Securities.  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 14 OF 17  </FONT></H1>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.3 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Notices.
</U></B>Except as otherwise provided in this Agreement, all notices, requests and other
communications to any Person provided for hereunder shall be in writing and shall be
given to such Person (a) in the case of a party hereto other than the Company, addressed
to such party in the manner set forth in the Preferred Stock Purchase Agreement or at
such other address as such party shall have furnished to the Company in writing, or (b)
in the case of any other holder of Registrable Securities, at the address that such
holder shall have furnished to the Company in writing, or, until any such other holder so
furnishes to the Company an address, then to and at the address of the last holder of
such Registrable Securities who has furnished an address to the Company, or (c) in the
case of the Company, at the address set forth on the signature page hereto, to the
attention of its President, or at such other address, or to the attention of such other
officer, as the Company shall have furnished to each holder of Registrable Securities at
the time outstanding. Each such notice, request or other communication shall be effective
(i) if given by mail, 72 hours after such communication is deposited in the mail with
first class postage prepaid, addressed as aforesaid or (ii) if given by any other means
(including, without limitation, by fax or air courier), when delivered at the address
specified above, provided that any such notice, request or communication shall not be
effective until received.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.4 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Assignment</U></B>.
This Agreement shall be binding upon and inure to the benefit of and be enforceable by
the parties hereto. In addition, and whether or not any express assignment shall have
been made, the provisions of this Agreement which are for the benefit of the parties
hereto other than the Company shall also be for the benefit of and enforceable by any
subsequent holder of any Registrable Securities. Each of the Holders of the Registrable
Securities agrees, by accepting any portion of the Registrable Securities after the date
hereof, to the provisions of this Agreement including, without limitation, appointment of
the Investors&#146; Representative to act on behalf of such Holder pursuant to the terms
hereof which such actions shall be made in the good faith discretion of the Investors&#146; Representative
and be binding on all persons for all purposes.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.5 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Descriptive
Headings</U></B>. The descriptive headings of the several sections and paragraphs of this
Agreement are inserted for reference only and shall not limit or otherwise affect the
meaning hereof.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.6 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Governing
Law</U></B>. This Agreement shall be governed by, and construed in accordance with, the
laws of the State of New York, without giving effect to applicable principles of
conflicts of law.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.7 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Jurisdiction</U></B><U>.</U> This
Agreement shall be exclusively governed by and construed in accordance with the laws of
the State of New York. If any action is brought among the parties with respect to this
Agreement or otherwise, by way of a claim or counterclaim, the parties agree that in any
such action, and on all issues, the parties irrevocably waive their right to a trial by
jury. Exclusive jurisdiction and venue for any such action shall be the State or Federal
Courts serving the State of New York. In the event suit or action is brought by any party
under this Agreement to enforce any of its terms, or in any appeal therefrom, it is
agreed that the prevailing party shall be entitled to reasonable attorneys fees to be
fixed by the arbitrator, trial court, and/or appellate court.  </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 15 OF 17  </FONT></H1>





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<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.8 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Entire
Agreement</U></B>. This Agreement embodies the entire agreement and understanding between
the Company and each other party hereto relating to the subject matter hereof and
supercedes all prior agreements and understandings relating to such subject matter.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.9 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Severability</U></B>.
If any provision of this Agreement, or the application of such provisions to any Person
or circumstance, shall be held invalid, the remainder of this Agreement, or the
application of such provision to Persons or circumstances other than those to which it is
held invalid, shall not be affected thereby.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.10 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Binding
Effect</U></B>. All the terms and provisions of this Agreement whether so expressed or
not, shall be binding upon, inure to the benefit of, and be enforceable by the parties
and their respective administrators, executors, legal representatives, heirs, successors
and assignees.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.11 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Preparation
of Agreement</U></B>. This Agreement shall not be construed more strongly against any
party regardless of who is responsible for its preparation. The parties acknowledge each
contributed and is equally responsible for its preparation.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Flush Lv 0- TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.12 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Failure
or Indulgence Not Waiver; Remedies Cumulative</U></B>. No failure or delay on the part of
any party hereto in the exercise of any right hereunder shall impair such right or be
construed to be a waiver of, or acquiescence in, any breach of any representation,
warranty, covenant or agreement herein, nor shall nay single or partial exercise of any
such right preclude other or further exercise thereof or of any other right. All rights
and remedies existing under this Agreement are cumulative to, and not exclusive of, any
rights or remedies otherwise available.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8.13 &nbsp;&nbsp;&nbsp;&nbsp;<B><U>Counterparts</U></B>.
This Agreement may be executed in one or more counterparts, and by the different parties
hereto in separate counterparts, each of which when executed shall be deemed to be an
original, but all of which taken together shall constitute one and the same agreement. A
facsimile transmission of this signed Agreement shall be legal and binding on all parties
hereto.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[SIGNATURES ON
FOLLOWING PAGE] </FONT></H1>




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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 16 OF 17  </FONT></H1>





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<BR>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>IN
WITNESS WHEREOF</B>, the Investors and the Company have as of the date first written above
executed this Agreement. </FONT></P>

<BR>


<TABLE WIDTH="760" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH COLSPAN="2" ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">WidePoint Corporation<BR><BR><BR></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
</TR>
<TR VALIGN="TOP">
     <TD COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD WIDTH="4%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>By:&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="46%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title:&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
</TABLE>
<BR><BR><BR>

<TABLE WIDTH="760" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">BARRON PARTNERS LP<BR><BR><BR></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
</TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Andrew Barron Worden<BR>
President, General Partner of<BR>
Barron Partners LP<BR>
730 Fifth Avenue, 9th Floor<BR>
New York NY 10019 </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
</TR>
</TABLE>
<BR>

<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1><BR><BR>REGISTRATION RIGHTS
AGREEMENT BETWEEN <BR>WidePoint Corporation AND Barron Partners LP <BR>PAGE 17 OF 17  </FONT></H1>

<BR>

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>cmw1005e.htm
<DESCRIPTION>CERTIFICATE OF DESIGNATION
<TEXT>
<HTML>
<HEAD>
<TITLE>
</TITLE>
</HEAD>
<BODY>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WIDEPOINT CORPORATION  </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CERTIFICATE OF
DESIGNATION OF <BR>PREFERENCES, RIGHTS AND LIMITATIONS<BR>OF<BR>SERIES A CONVERTIBLE
PREFERRED STOCK  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned, Steve Komar and James McCubbin, do hereby certify that:  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          They
are the President and Secretary, respectively, of WidePoint Corporation, a
          Delaware corporation (the &#147;Corporation&#148;).  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Corporation is authorized to issue 10,000,000 shares of preferred stock,           none
of which have been previously issued.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following resolutions were duly adopted by the Board of Directors:  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
the Certificate of Incorporation of the Corporation provides for a class of its
authorized stock known as preferred stock, comprised of 10,000,000 shares, $0.001 par
value per share, issuable from time to time in one or more series;  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
the Board of Directors of the Corporation is authorized to fix the dividend rights,
dividend rate, voting rights, conversion rights, rights and terms of redemption and
liquidation preferences of any wholly unissued series of preferred stock and the number
of shares constituting any Series and the designation thereof, of any of them; and  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
it is the desire of the Board of Directors of the Corporation, pursuant to its authority
as aforesaid, to fix the rights, preferences, restrictions and other matters relating to
a series of the preferred stock, which shall consist of up to 1,142,857 shares of the
preferred stock which the corporation has the authority to issue, as follows:  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW,
THEREFORE, BE IT RESOLVED, that the Board of Directors does hereby provide for the
issuance of a series of preferred stock for cash or exchange of other securities, rights
or property and does hereby fix and determine the rights, preferences, restrictions and
other matters relating to such series of preferred stock as follows:  </FONT></P>

<BR><BR><BR><BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1 </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>TERMS OF PREFERRED
STOCK  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Definitions</U>. Capitalized terms used and not otherwise defined herein that are defined
in the Purchase Agreement (as defined below) shall have the meanings given such terms in
the Purchase Agreement. For the purposes hereof, the following terms shall have the
following meanings: </FONT> </P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Bankruptcy
Event</U>&#148; means any of the following events: (a) the Corporation or any Significant
Subsidiary (as such term is defined in Rule 1.02(s) of Regulation S-X) thereof commences
a case or other proceeding under any bankruptcy, reorganization, arrangement, adjustment
of debt, relief of debtors, dissolution, insolvency or liquidation or similar law of any
jurisdiction relating to the Corporation or any Significant Subsidiary thereof; (b) there
is commenced against the Corporation or any Significant Subsidiary thereof any such case
or proceeding that is not dismissed within 60 days after commencement; (c) the
Corporation or any Significant Subsidiary thereof is adjudicated insolvent or bankrupt or
any order of relief or other order approving any such case or proceeding is entered; (d)
the Corporation or any Significant Subsidiary thereof suffers any appointment of any
custodian or the like for it or any substantial part of its property that is not
discharged or stayed within 60 days; (e) the Corporation or any Significant Subsidiary
thereof makes a general assignment for the benefit of creditors; (f) the Corporation or
any Significant Subsidiary thereof calls a meeting of its creditors with a view to
arranging a composition, adjustment or restructuring of its debts; or (g) the Corporation
or any Significant Subsidiary thereof, by any act or failure to act, expressly indicates
its consent to, approval of or acquiescence in any of the foregoing or takes any
corporate or other action for the purpose of effecting any of the foregoing. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Closing
Date</U>&#148; means the Trading Day when all of the Transaction Documents have been executed
and delivered by the applicable parties thereto, and all conditions precedent to (i) the
Purchasers&#146; obligations to pay the Subscription Amount and (ii) the Corporation&#146;s
obligations to deliver the Securities have been satisfied or waived, including the
satisfaction of all provisions of the Escrow Agreement entered into pursuant to the terms
of the Purchase Agreement. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Commission</U>&#148;means
the Securities and Exchange Commission. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Common
Stock</U>&#148; means the Corporation&#146;s common stock, par value $0.001 per share, and
stock of any other class into which such shares may hereafter have been reclassified or
changed. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Common
Stock Equivalents</U>&#148; means any securities of the Corporation or the Subsidiaries which
would entitle the holder thereof to acquire at any time Common Stock, including without
limitation, any debt, preferred stock, rights, options, warrants or other instrument that
is at any time convertible into or exchangeable for, or otherwise entitles the holder
thereof to receive, Common Stock. </FONT>
</TD>
</TR>
</TABLE>
<BR><BR><BR><BR><BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Conversion
Date</U>&#148; shall have the meaning set forth in Section 6(a). </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Conversion
Value</U>&#148;shall have the meaning set forth in Section 6(a). </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Conversion
Shares</U>&#148; means, collectively, the shares of Common Stock into which the shares of
Preferred Stock are convertible in accordance with the terms hereof. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Conversion
Shares Registration Statement</U>&#148; means a registration statement that meets the
requirements of the Registration Rights Agreement and registers the resale of all
Conversion Shares by the Holder, who shall be named as a &#147;selling stockholder&#148;thereunder,
all as provided in the Registration Rights Agreement. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Dilutive
Issuance</U>&#148; shall have the meaning set forth in Section 7(b) hereof. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Effective
Date</U>&#148; means the date that the Conversion Shares Registration Statement is declared
effective by the Commission. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Exchange
Act</U>&#148; means the Securities Exchange Act of 1934, as amended. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Exempt
Issuance</U>&#148; means the issuance of (a) shares of Common Stock or options to employees,
officers or directors of the Corporation pursuant to any stock or option plan duly
adopted by a majority of the non-employee members of the Board of Directors of the
Corporation or a majority of the members of a committee of non-employee directors
established for such purpose, (b) securities upon the exercise of or conversion of any
securities issued hereunder, and of any convertible securities, options or warrants
issued and outstanding on the date of this Certificate of Designations, provided that
such securities have not been amended since the date of this Certificate of Designations
to increase the number of such securities, and (c) securities issued pursuant to
acquisitions or strategic transactions, provided any such issuance shall only be to a
Person which is, itself or through its subsidiaries, an operating company in a business
synergistic with the business of the Corporation and in which the Corporation receives
benefits in addition to the investment of funds, but shall not include a transaction in
which the Corporation is issuing securities primarily for the purpose of raising capital
or to an entity whose primary business is investing in securities. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Fundamental
Transaction</U>&#148; shall have the meaning set forth in Section 7(f)(iii) hereof. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Holder</U>&#148;shall
have the meaning given such term in Section 2 hereof. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Junior
Securities</U>&#148; means the Common Stock and all other equity or equity equivalent
securities of the Corporation other than those securities that are explicitly senior in
rights or liquidation preference to the Preferred Stock. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Original
Issue Date</U>&#148; shall mean the date of the first issuance of any shares of the Preferred
Stock regardless of the number of transfers of any particular shares of Preferred Stock
and regardless of the number of certificates which may be issued to evidence such
Preferred Stock. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></P>


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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Person</U>&#148;means
a corporation, an association, a partnership, a limited liability company, a business
association, an individual, a government or political subdivision thereof or a
governmental agency. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Purchase
Agreement</U>&#148; means the Preferred Stock Purchase Agreement, dated as of the October 20,
2004, to which the Corporation and the original Holders are parties, as amended, modified
or supplemented from time to time in accordance with its terms, a copy of which is on
file at the principal offices of the Corporation. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Registration
Rights Agreement</U>&#148; means the Registration Rights Agreement, dated as of the date of
the Purchase Agreement, to which the Corporation and the original Holder are parties, as
amended, modified or supplemented from time to time in accordance with its terms. </FONT>
</TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Securities
Act</U>&#148; means the Securities Act of 1933, as amended, and the rules and regulations
promulgated thereunder. </FONT>
</TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Subscription
Amount</U>&#148; shall mean the Two Million Dollars ($2,000,000.00) to be paid for the
Preferred Stock purchased pursuant to the Purchase Agreement, in United States Dollars
and in immediately available funds. </FONT>
</TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Subsidiary</U>&#148;shall
have the meaning given to such term in the Purchase Agreement. </FONT>
</TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Trading
Day</U>&#148; means a day on which the Common Stock is traded on a Trading Market. </FONT>
</TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Trading
Market</U>&#148; means the following markets or exchanges on which the Common Stock is listed
or quoted for trading on the date in question: the Nasdaq SmallCap Market, the American
Stock Exchange, the New York Stock Exchange, the Nasdaq National Market or the OTC
Bulletin Board. </FONT>
</TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Transaction
Documents</U>&#148; shall have the meaning set forth in the Purchase Agreement. </FONT>
</TD>
</TR>
</TABLE>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Designation, Amount and Par Value</U>. The series of
preferred stock shall be designated as its Series A Convertible Preferred Stock (the
&#147;Preferred Stock&#148;) and the number of shares so designated shall be 1,142,857
(which shall not be subject to increase without the consent of all of the holder of the
Preferred Stock (the &#147;Holder&#148;). Each share of Preferred Stock shall have a par
value of $0.001 per share. Capitalized terms not otherwise defined herein shall have the
meaning given such terms in Section 1 hereof.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Dividends and Other Distributions</U>. No dividends shall be payable with respect to the
Preferred Stock. No dividends shall be payable with respect to the Common Stock while the
Preferred Stock is outstanding. The Common Stock shall not be redeemed while the Preferred
Stock is outstanding except only after at least 70 days prior written notice to the
Holders of the Preferred Stock. </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Voting Rights</U>. The Preferred Stock shall have no voting rights. However, so long as any
shares of Preferred Stock are outstanding, the Corporation shall not, without the
affirmative approval of the Holders of the shares of the Preferred Stock then outstanding,
(a) alter or change adversely the powers, preferences or rights given to the Preferred
Stock or alter or amend this Certificate of Designation, (b) authorize or create any class
of stock ranking as to dividends or distribution of assets upon a Liquidation (as defined
in Section 5) senior to or otherwise pari passu with the Preferred Stock, (c) amend its
certificate of incorporation or other charter documents in breach of any of the provisions
hereof, (d) increase the authorized number of shares of Preferred Stock, or (e) enter into
any agreement with respect to the foregoing. </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Liquidation</U>. Upon any liquidation, dissolution or winding-up of the Corporation,
whether voluntary or involuntary (a &#147;Liquidation&#148;), the Holders shall be
entitled to receive out of the assets of the Corporation, whether such assets are capital
or surplus, for each share of Preferred Stock an amount equal to $1.75 per share before
any distribution or payment shall be made to the holders of any Junior Securities, and if
the assets of the Corporation shall be insufficient to pay in full such amounts, then the
entire assets to be distributed to the Holders shall be distributed among the Holders
ratably in accordance with the respective amounts that would be payable on such shares if
all amounts payable thereon were paid in full. A Fundamental Transaction or Change of
Control Transaction shall not be treated as a Liquidation. The Corporation shall mail
written notice of any such Liquidation, not less than 70 days prior to the payment date
stated therein, to each record Holder. </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conversion</U>. </FONT> </P>



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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Conversions at Option of Holder</U>. Each share of Preferred Stock shall be
convertible into ten (10) shares of Common Stock (subject to the
limitations set forth in Section 6(c)) , at the option of the Holder, at
any time and from time to time from and after the Original Issue Date .
Holders shall effect conversions by providing the Corporation with the
form of conversion notice attached hereto as Annex A (a &#147;Notice of
Conversion&#148;) as fully and originally executed by the Holder, together
with the delivery by the Holder to the Corporation of the stock
certificate(s) representing the number of shares of Preferred Stock so
converted, with such stock certificates being duly endorsed in full for
transfer to the Corporation or with an applicable stock power duly
executed by the Holder in the manner and form as deemed reasonable by the
transfer agent of the Common Stock. Each Notice of Conversion shall
specify the number of shares of Preferred Stock to be converted, the
number of shares of Preferred Stock owned prior to the conversion at
issue, the number of shares of Preferred Stock owned subsequent to the
conversion at issue, the stock certificate number and the shares of
Preferred Stock represented thereby which are accompanying the Notice of
Conversion, and the date on which such conversion is to be effected, which
date may not be prior to the date the Holder delivers such Notice of
Conversion and the applicable stock certificates to the Corporation by
overnight delivery service (the &#147;Conversion Date&#148;). If no
Conversion Date is specified in a Notice of Conversion, the Conversion Date
shall be the Trading Day immediately following the date that such Notice
of Conversion and applicable stock certificates are received by the
Corporation. The calculations and entries set forth in the Notice of
Conversion shall control in the absence of manifest or mathematical error.
Shares of Preferred Stock converted into Common Stock in accordance with
the terms hereof shall be canceled and may not be reissued. The Conversion
Value of the Preferred Stock shall be equal to $0.175 per share. </FONT>
</TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Automatic Conversion</U>. </FONT>
</TD>
</TR>
</TABLE>
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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;        All
of the outstanding shares of Preferred Stock shall be automatically
               converted into the Conversion Shares (A) upon the consummation of an
               underwritten public offering pursuant to a registration statement filed
with and                declared effective by the Securities and Exchange Commission
under the                Securities Act of 1933 covering the offer and sale of Common
Stock for the                account of the Corporation having an aggregate market value
of at least Five                Million Dollars ($5,000,000.00) (a &#147;Qualified Public
Offering&#148;), or                (B) if the fair market value of the Corporation (being
the number of outstanding                shares of Common Stock multiplied by the per
share market price of the Common                Stock) exceeds One Hundred Million
Dollars ($100,000,000) after a registration                statement covering the shares
of Common Stock into which the Preferred Stock is                convertible and the
Warrants are exercisable has been effective for a period of                at least
thirty (30) days, or (C) upon the written consent of the holder of all                of
the Preferred Stock or (D) upon the close of business on the business day
               immediately preceding the date fixed for consummation of any transaction
               resulting in a Change of Control of the Corporation (A, B, C and D above
               together shall be referred to as an &#147;Automatic Conversion Event&#148;).
A                &#147;Change in Control&#148; means a consolidation or merger of the
Corporation                with or into another company or entity in which the
Corporation is not the                surviving entity or the sale of all or
substantially all of the assets of the                Corporation to another company or
entity not controlled by a then existing                stockholder of the Corporation in
a transaction or series of transactions. The                Corporation shall provide the
holder of all the shares of the Preferred Stock                with at least 70 days
prior written notice before the closing of any Automatic                Conversion Event,
which notice the holder may waive. The Corporation shall not                be obligated
to issue certificates evidencing the Conversion Shares unless                certificates
evidencing all of the shares of Preferred Stock so converted are                either
delivered to the Corporation or its transfer agent or the holder notifies
               the Corporation or its transfer agent in writing that such certificates
have                been lost, stolen, or destroyed and executes an agreement
satisfactory to the                Corporation to indemnify the Corporation from any loss
incurred by it in                connection therewith.  </FONT>
</TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Upon
an Automatic Conversion Event, all of the then outstanding shares
of the Preferred Stock shall be converted automatically without any further action by the
holder of such shares and whether or not the certificates representing such shares are
surrendered to the Corporation or its transfer agent; provided, however, that the
Corporation shall not be obligated to issue certificates evidencing the Conversion Shares
unless certificates evidencing all such then outstanding shares of Preferred Stock so
converted are either delivered to the Corporation or its transfer agent or the holder
notifies the Corporation or its transfer agent in writing that such certificates have been
lost, stolen, or destroyed and executes an agreement satisfactory to the Corporation to
indemnify the Corporation from any loss incurred by it in connection therewith. Upon the
conversion of the Preferred Stock pursuant to this paragraph 6(b)(ii), the Company shall
promptly send written notice thereof, by hand delivery or by overnight delivery, to the
holder of record of all of the Preferred Stock at its address then shown on the records of
the Corporation, which notice shall state that certificates evidencing shares of Preferred
Stock must be surrendered at the office of the Corporation (or of its transfer agent for
the Common Stock, if applicable). </FONT>
</TD>
</TR>
</TABLE>
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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Beneficial Ownership Limitation</U>. Except as provided in Paragraphs 6(b)(i)(A),
(B) and (D) above, the Corporation shall not effect any conversion of the
Preferred Stock, and the Holder shall not have the right to convert any portion
of the Preferred Stock to the extent that after giving effect to such
conversion, the Holder (together with the Holder&#146;s affiliates), as set
forth on the applicable Notice of Conversion, would beneficially own in excess
of 4.99% of the number of shares of the Common Stock outstanding immediately
after giving effect to such conversion.&nbsp; For purposes of the foregoing
sentence, the number of shares of Common Stock beneficially owned by the Holder
and its affiliates shall include the number of shares of Common Stock issuable
upon conversion of the Preferred Stock with respect to which the determination
of such sentence is being made, but shall exclude the number of shares of
Common Stock which would be issuable upon (A) conversion of the remaining,
nonconverted shares of Preferred Stock beneficially owned by the Holder or any
of its affiliates, so long as such shares of Preferred Stock are not
convertible within sixty (60) days from the date of such determination, and (B)
exercise or conversion of the unexercised or nonconverted portion of any other
securities of the Corporation (including the Warrants) subject to a limitation
on conversion or exercise analogous to the limitation contained herein
beneficially owned by the Holder or any of its affiliates, so long as such
other securities of the Corporation are not exercisable nor convertible within
sixty (60) days from the date of such determination.&nbsp; For purposes of this
Section 6(c), beneficial ownership shall be calculated in accordance with
Section 13(d) of the Exchange Act. For purposes of this Section 6(c), in
determining the number of outstanding shares of Common Stock, the Holder may
rely on the number of outstanding shares of Common Stock as reflected in the
most recent of the following: (A) the Corporation&#146;s most recent Form 10-Q
or Form 10-K, as the case may be, (B) a more recent public announcement by the
Corporation or (C) any other written notice by the Corporation or the
Corporation&#146;s transfer agent setting forth the number of shares of Common
Stock outstanding.&nbsp; Upon the written or oral request of the Holder, the
Corporation shall within five (5) Trading Days confirm orally and in writing to
the Holder the number of shares of Common Stock then outstanding.&nbsp; In any
case, the number of outstanding shares of Common Stock shall be determined
after giving effect to the conversion or exercise of securities of the
Corporation, including the Preferred Stock, by the Holder or its affiliates
since the date as of which such number of outstanding shares of Common Stock
was publicly reported by the Corporation. The provisions of this Section 6(c)
may be waived by the Holder upon, at the election of the Holder, not less than
61 days&#146; prior notice to the Corporation, and the provisions of this
Section 6(c) shall continue to apply until such 61st day (or such later date,
as determined by the Holder, as may be specified in such notice of waiver);
provided, however, notwithstanding anything contained in this Certificate of
Designations or the Purchase Agreement to the contrary, in the event the
Conversion Shares when issued and combined with all other shares of Common
Stock beneficially owned by the recipient of the Conversion Shares and its
affiliates equals, at any time, more than 4.99% of the total number of then
outstanding shares of Common Stock, then for so long as such recipient and its
affiliates beneficially owns more than 4.99% of the total number of then
outstanding shares of Common Stock the recipient of the Conversion Shares and
its affiliates shall have no right to vote twenty-five percent (25%) of the
shares of Common Stock, including but not limited to all Conversion Shares,
then held by or at the direction of such recipient and/or its affiliates in
excess of 4.99% of the then outstanding number of shares of Common Stock. </FONT>
</TD>
</TR>
</TABLE>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Mechanics of Conversion</U> </FONT>
</TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Delivery of Certificate Upon Conversion</U>. Not later than five (5) Trading Days
after each Conversion Date (the &#147;Share Delivery Date&#148;), the
Corporation shall deliver to the Holder a certificate or certificates which,
after the Effective Date, shall represent the number of shares of Common Stock
being acquired upon the conversion of shares of Preferred Stock. If in the case
of any Notice of Conversion such certificate or certificates are not delivered
to or as directed by the applicable Holder by the fifth Trading Day after the
Conversion Date, the Holder shall be entitled to elect by written notice to the
Corporation at any time on or before its receipt of such certificate or
certificates thereafter, to rescind such conversion, in which event the
Corporation shall immediately return the certificates representing the shares
of Preferred Stock tendered for conversion after the receipt by the Corporation
of any and all shares of Common Stock issued to the Holder pursuant to such
conversion which is then being rescinded. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii.&nbsp;&nbsp;&nbsp;&nbsp;
<U>Obligation Absolute; Partial Liquidated Damages</U>. The Corporation&#146;s
obligations to issue and deliver the Conversion Shares upon conversion of
Preferred Stock in accordance with the terms hereof are absolute and
unconditional, irrespective of any action or inaction by the Holder to enforce
the same, other than the compliance by the Holder with the provisions of
Section 6(a) hereinabove, any waiver or consent with respect to any provision
hereof, the recovery of any judgment against any Person or any action to
enforce the same, or any setoff, counterclaim, recoupment, limitation or
termination. If the Corporation fails to deliver to the Holder such certificate
or certificates pursuant to Section 6(e)(i) within five (5) Trading Days of the
Share Delivery Date applicable to such conversion, the Corporation shall pay to
such Holder, in cash, as liquidated damages and not as a penalty, for the
number of shares of Preferred Stock equal to each $5,000 of original face
value/purchase price of the Preferred Stock being converted, $25 per Trading
Day for each Trading Day after the Share Delivery Date until such certificates
are delivered. Nothing herein shall limit a Holder&#146;s right to pursue
actual damages for the Corporation&#146;s failure to deliver certificates
representing shares of Common Stock upon conversion within the period specified
herein and such Holder shall have the right to pursue all remedies available to
it hereunder, at law or in equity including, without limitation, a decree of
specific performance and/or injunctive relief. </FONT>
</TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii.&nbsp;&nbsp;&nbsp;
<U>Reservation of Shares Issuable Upon Conversion</U>. The Corporation covenants that
it will at all times reserve and keep available out of its authorized and
unissued shares of Common Stock solely for the purpose of issuance upon
conversion of the Preferred Stock, each as herein provided, free from
preemptive rights or any other actual contingent purchase rights of persons
other than the Holders, not less than such number of shares of the Common Stock
as shall (subject to any additional requirements of the Corporation as to
reservation of such shares set forth in the Purchase Agreement) be issuable
(taking into account the adjustments and restrictions of Section 7) upon the
conversion of all outstanding shares of Preferred Stock. The Corporation
covenants that all shares of Common Stock that shall be so issuable shall, upon
issue, be duly and validly authorized, issued and fully paid, nonassessable
and, if the Conversion Shares Registration Statement is then effective under
the Securities Act, registered for public sale in accordance with such
Conversion Shares Registration Statement. </FONT>
</TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv.&nbsp;&nbsp;&nbsp;&nbsp;
<U>Fractional Shares</U>. Upon a conversion hereunder, the Corporation shall not be
required to issue stock certificates representing fractions of shares of the
Common Stock. </FONT>
</TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Transfer Taxes</U>. The issuance of certificates for shares of the Common Stock on
conversion of the Preferred Stock shall be made without charge to the Holders
thereof for any documentary stamp or similar taxes that may be payable in
respect of the issue or delivery of such certificate, provided that the
Corporation shall not be required to pay any tax that may be payable in respect
of any transfer involved in the issuance and delivery of any such certificate
upon conversion in a name other than that of the Holder of such shares of
Preferred Stock so converted and the Corporation shall not be required to issue
or deliver such certificates unless or until the person or persons requesting
the issuance thereof shall have paid to the Corporation the amount of such tax
or shall have established to the satisfaction of the Corporation that such tax
has been paid. </FONT>
</TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain Adjustments</U>. </FONT> </P>



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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Stock Dividends and Stock Splits</U>. If the Corporation, at any time while the
Preferred Stock is outstanding: shall pay a stock dividend or otherwise make a
distribution or distributions on shares of its Common Stock or any other equity
or equity equivalent securities payable in shares of Common Stock (which, for
avoidance of doubt, shall not include any shares of Common Stock issued by the
Corporation pursuant to this Preferred Sock), then the Conversion Value shall
be multiplied by a fraction of which the numerator shall be the number of
shares of Common Stock (excluding treasury shares, if any) outstanding before
such event and of which the denominator shall be the number of shares of Common
Stock outstanding after such event. Any adjustment made pursuant to this
Section shall become effective immediately after the record date for the
determination of stockholders entitled to receive such dividend or
distribution. </FONT>
</TD>
</TR>
</TABLE>
<BR><BR>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9 </FONT></P>


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<BR>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 1-TNR" FSL="Project" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Subsequent Equity Sales</U>. If the Corporation or any Subsidiary thereof, as
applicable, at any time while Preferred Stock is outstanding, shall offer,
sell, grant any option to purchase or offer, sell or grant any right to reprice
its securities, or otherwise dispose of or issue (or announce any offer, sale,
grant or any option to purchase or other disposition) any Common Stock or
Common Stock Equivalents entitling any Person to acquire shares of Common
Stock, at an effective price per share less than the then Conversion Value (&#147;Dilutive
Issuance&#148;), as adjusted hereunder (if the holder of the Common Stock or
Common Stock Equivalents so issued shall at any time, whether by operation of
purchase price adjustments, reset provisions, floating conversion, exercise or
exchange prices or otherwise, or due to warrants, options or rights per share
which is issued in connection with such issuance, be entitled to receive shares
of Common Stock at an effective price per share which is less than the
Conversion Value, such issuance shall be deemed to have occurred for less than
the Conversion Value), then the Conversion Value shall be reduced to equal the
effective conversion, exchange or purchase price for such Common Stock or
Common Stock Equivalents (including any reset provisions thereof) at issue.
Such adjustment shall be made whenever such Common Stock or Common Stock
Equivalents are issued. The Corporation shall notify the Holder in writing, no
later than the Business Day following the issuance of any Common Stock or
Common Stock Equivalents subject to this section, indicating therein the
applicable issuance price, or of applicable reset price, exchange price,
conversion price and other pricing terms. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Calculations</U>. All calculations under this Section 7 shall be made to the
nearest cent or the nearest 1/100th of a share, as the case may be. The number
of shares of Common Stock outstanding at any given time shall not include
shares owned or held by or for the account of the Corporation, and the
description of any such shares of Common Stock shall be considered on issue or
sale of Common Stock. For purposes of this Section 7, the number of shares of
Common Stock deemed to be issued and outstanding as of a given date shall be
the sum of the number of shares of Common Stock (excluding treasury shares, if
any) actually issued and outstanding. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Notice to Holders</U>. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Adjustment to Conversion Price</U>. Whenever the Conversion Value is adjusted
pursuant to any of this Section 7, the Corporation shall promptly mail to each
Holder a notice setting forth the Conversion Value after such adjustment and
setting forth a brief statement of the facts requiring such adjustment. </FONT>
</TD>
</TR>
</TABLE>
<BR><BR>


<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10 </FONT></P>

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<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii.&nbsp;&nbsp;&nbsp;&nbsp;
<U>Notice to Allow Conversion by Holder</U>. If (A) the Corporation shall declare a
redemption of the Common Stock; (B) the Corporation shall authorize the
granting to all holders of the Common Stock rights or warrants to subscribe for
or purchase any shares of capital stock of any class or of any rights; (C) the
approval of any stockholders of the Corporation shall be required in connection
with any reclassification of the Common Stock, any consolidation or merger to
which the Corporation is a party, any sale or transfer of all or substantially
all of the assets of the Corporation, of any compulsory share exchange whereby
the Common Stock is converted into other securities, cash or property; (D) the
Corporation shall authorize the voluntary or involuntary dissolution,
liquidation or winding up of the affairs of the Corporation; then, in each
case, the Corporation shall cause to be filed at each office or agency
maintained for the purpose of conversion of the Preferred Stock, and shall
cause to be mailed to the Holders at their last addresses as they shall appear
upon the stock books of the Corporation, at least 70 calendar days prior to the
applicable record or effective date hereinafter specified, a notice stating (x)
the date on which a record is to be taken for the purpose of such dividend,
distribution, redemption, rights or warrants, or if a record is not to be
taken, the date as of which the holders of the Common Stock of record to be
entitled to such dividend, distributions, redemption, rights or warrants are to
be determined or (y) the date on which such reclassification, consolidation,
merger, sale, transfer or share exchange is expected to become effective or
close, and the date as of which it is expected that holders of the Common Stock
of record shall be entitled to exchange their shares of the Common Stock for
securities, cash or other property deliverable upon such reclassification,
consolidation, merger, sale, transfer or share exchange; provided, that the
failure to mail such notice or any defect therein or in the mailing thereof
shall not affect the validity of the corporate action required to be specified
in such notice. Any and all Conversion Shares issued or issuable upon
conversion shall be entitled to share in such transaction notwithstanding the
record date of such transaction so long as the Holders of the Preferred Stock
elect to convert their shares of Preferred Stock into Conversion Shares prior
to the expiration of such 70-day notice period. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii.&nbsp;&nbsp;&nbsp;
<U>Exempt Issuance</U>. Notwithstanding the foregoing, no adjustment will be made
under this Section 7 in respect of an Exempt Issuance. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Deleted] </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Deleted] </FONT></P>



<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
10.&nbsp;&nbsp;&nbsp;&nbsp;<U>Miscellaneous</U>. </FONT> </P>



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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Notices</U>. Any and all notices or other communications or deliveries to be
provided by the Holders hereunder, including, without limitation, any
Notice of Conversion, shall be in writing and delivered personally or sent
by a nationally recognized overnight courier service, addressed to the
Corporation, at the address set forth in the Purchase Agreement, Attn:
Chairman and Chief Executive Officer or such other address as the
Corporation may specify for such purposes by notice to the Holders
delivered in accordance with this Section. Any and all notices or other
communications or deliveries to be provided by the Corporation hereunder
shall be in writing and delivered personally or sent by a nationally
recognized overnight courier service addressed to each Holder at the
address of such Holder appearing on the books of the Corporation, or at
the principal place of business of the Holder. Any notice or other
communication or deliveries hereunder shall be deemed given and effective
on the earliest of (i) the second Business Day following the date of
mailing, if sent by nationally recognized overnight courier service, or
(ii) upon actual receipt by the party to whom such notice is required to
be given. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11 </FONT></P>


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<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Absolute Obligation</U>. Except as expressly provided herein, no provision of
this Certificate of Designation shall alter or impair the obligation of
the Corporation, which is absolute and unconditional, to pay the
liquidated damages (if any) on, the shares of Preferred Stock at the time,
place, and rate, and in the coin or currency, herein prescribed. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Lost or Mutilated Preferred Stock Certificate</U>. If a Holder&#146;s
Preferred Stock certificate shall be mutilated, lost, stolen or destroyed,
the Corporation shall execute and deliver, in exchange and substitution
for and upon cancellation of a mutilated certificate, or in lieu of or in
substitution for a lost, stolen or destroyed certificate, a new
certificate for the shares of Preferred Stock so mutilated, lost, stolen
or destroyed but only upon receipt of evidence of such loss, theft or
destruction of such certificate, and of the ownership hereof, and
indemnity, if requested, all reasonably satisfactory to the Corporation. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Governing Law</U>. All questions concerning the construction, validity,
enforcement and interpretation of this Certificate of Designation shall be
governed by and construed and enforced in accordance with the internal
laws of the State of New York, without regard to the principles of
conflicts of law thereof. Each party agrees that all legal proceedings
concerning the interpretations, enforcement and defense of the
transactions contemplated by any of the Transaction Documents (whether
brought against a party hereto or its respective affiliates, directors,
officers, shareholders, employees or agents) shall be commenced in the
state and federal courts sitting in the City of New York, Borough of
Manhattan (the &#147;New York Courts&#148;). Each party hereto hereby
irrevocably submits to the exclusive jurisdiction of the New York Courts
for the adjudication of any dispute hereunder or in connection herewith or
with any transaction contemplated hereby or discussed herein (including
with respect to the enforcement of any of the Transaction Documents), and
hereby irrevocably waives, and agrees not to assert in any suit, action or
proceeding, any claim that it is not personally subject to the
jurisdiction of any such court, or such New York Courts are improper or
inconvenient venue for such proceeding. Each party hereby irrevocably
consents to process being served in any such suit, action or proceeding by
mailing a copy thereof via registered or certified mail or overnight
delivery (with evidence of delivery) to such party at the address in
effect for notices to it under this Certificate of Designation and agrees
that such service shall constitute good and sufficient service of process
and notice thereof. Nothing contained herein shall be deemed to limit in
any way any right to serve process in any manner permitted by law. Each
party hereto hereby irrevocably waives, to the fullest extent permitted by
applicable law, any and all right to trial by jury in any legal proceeding
arising out of or relating to this Certificate of Designation or the
transactions contemplated hereby. If either party shall commence an action
or proceeding to enforce any provisions of this Certificate of
Designation, then the prevailing party in such action or proceeding shall
be reimbursed by the other party for its attorneys fees and other costs
and expenses incurred with the investigation, preparation and prosecution
of such action or proceeding. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 </FONT></P>


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<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Waiver</U>. Any waiver by the Corporation or the Holder of a breach of any
provision of this Certificate of Designation shall not operate as or be
construed to be a waiver of any other breach of such provision or of any
breach of any other provision of this Certificate of Designation. The
failure of the Corporation or the Holder to insist upon strict adherence
to any term of this Certificate of Designation on one or more occasions
shall not be considered a waiver or deprive that party of the right
thereafter to insist upon strict adherence to that term or any other term
of this Certificate of Designation. Any waiver must be in writing. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Severability</U>. If any provision of this Certificate of Designation is
invalid, illegal or unenforceable, the balance of this Certificate of
Designation shall remain in effect, and if any provision is inapplicable
to any person or circumstance, it shall nevertheless remain applicable to
all other persons and circumstances. If it shall be found that any
interest or other amount deemed interest due hereunder violates applicable
laws governing usury, the applicable rate of interest due hereunder shall
automatically be lowered to equal the maximum permitted rate of interest. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Next Business Day</U>. Whenever any payment or other obligation hereunder
shall be due on a day other than a Business Day, such payment shall be
made on the next succeeding Business Day. </FONT>
</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Headings</U>. The headings contained herein are for convenience only, do not
constitute a part of this Certificate of Designation and shall not be
deemed to limit or affect any of the provisions hereof. </FONT>
</TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>RESOLVED, FURTHER, that the Chairman,
the president or any vice-president, and the secretary or any assistant secretary, of the
Corporation be and they hereby are authorized and directed to prepare and file a
Certificate of Designation of Preferences, Rights and Limitations in accordance with the
foregoing resolution and the provisions of Nevada law. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN
WITNESS WHEREOF, the undersigned have executed this Certificate this 20th day of October
2004. </FONT></P>

<BR>

<TABLE WIDTH="95%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR><BR><BR></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR><BR><BR></FONT></TH>
</TR>
<TR VALIGN="TOP">
     <TD WIDTH="45%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="45%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>&nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD>
</TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Name:<BR>
Title:
</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Name:<BR>
Title:
</FONT></TD>
</TR>
</TABLE>
<BR><BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13 </FONT></P>



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<BR>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ANNEX A  </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NOTICE OF CONVERSION  </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(TO BE EXECUTED BY THE
REGISTERED HOLDER IN ORDER <BR>TO CONVERT SHARES OF PREFERRED STOCK) </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The undersigned hereby elects to
convert the number of shares of Series A Convertible Preferred Stock indicated below, into
shares of common stock, par value $0.001 per share (the &#147;Common Stock&#148;), of
WidePoint Corporation, a Delaware corporation (the &#147;Corporation&#148;), according to
the conditions hereof, as of the date written below. If shares are to be issued in the
name of a person other than undersigned, the undersigned will pay all transfer taxes
payable with respect thereto and is delivering herewith such certificates and opinions as
reasonably requested by the Corporation in accordance therewith. No fee will be charged to
the Holder for any conversion, except for such transfer taxes, if any. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Conversion calculations:  </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Date
to Effect Conversion: ___________________________________________</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Number
of shares of Preferred Stock owned prior to Conversion: ________________  </FONT></TD>
</TR>
</TABLE>
<BR>

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Number
of shares of Preferred Stock to be Converted: ________________________  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Stated
Value of shares of Preferred Stock to be Converted: ____________________  </FONT></TD>
</TR>
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Number
of shares of Common Stock to be Issued: ___________________________  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Certificate
Number of Preferred Stock attached hereto:________________________  </FONT></TD>
</TR>
</TABLE>
<BR>

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Number
of Shares of Preferred Stock represented by attached certificate:__________  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Number
of shares of Preferred Stock subsequent to Conversion: ________________  </FONT></TD>
</TR>
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<BR>


<TABLE WIDTH="100%" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH>
     <TH COLSPAN="2" ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">[HOLDER]<BR><BR><BR></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="4%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">By:&nbsp;&nbsp;&nbsp;</FONT></TD>
     <TD WIDTH="46%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I> &nbsp;</I> </FONT><HR WIDTH="90%" SIZE="1" COLOR="Black" ALIGN="Left"></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:
</FONT>
</TD></TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14 </FONT></P>


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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>6
<FILENAME>cmw1005a.htm
<DESCRIPTION>STOCK PURCHASE AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE>
</TITLE>
</HEAD>
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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Execution Copy<BR>October
20, 2004</B> <BR>11:00 AM  </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>STOCK PURCHASE
AGREEMENT </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BY AND AMONG </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WIDEPOINT CORPORATION </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AND </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>OPERATIONAL RESEARCH
CONSULTANTS, INC. </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AND </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>THE SHAREHOLDERS </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>OF </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>OPERATIONAL RESEARCH CONSULTANTS,
INC. </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dated as of October
14, 2004 </FONT></H1>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>STOCK PURCHASE
AGREEMENT </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
<B>STOCK PURCHASE AGREEMENT</B>, dated as of October 14, 2004, is entered into by and
among <B>RICHARD L. MONTGOMERY</B>, <B>FRED D. THORNTON</B> and <B>DANIEL E.
TURISSINI</B>, each a resident of the state of Virginia<B><I> </I></B><I></I>(each, a
&#147;Shareholder&#148; and collectively, the &#147;Shareholders&#148;); <B>WIDEPOINT
CORPORATION, </B>a Delaware corporation<B> </B>(the &#147;Purchaser&#148;); and
<B>OPERATIONAL RESEARCH CONSULTANTS, INC.</B>, a Virginia corporation (the
&#147;Company&#148;). Capitalized terms used and not otherwise defined herein have the
meanings set forth in Article 10. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>RECITALS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Shareholders own all of the issued and outstanding capital stock of the
          Company.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Purchaser desires to purchase and acquire from each Shareholder, and each
          Shareholder desires to sell and transfer to the Purchaser, the shares of
Company           Common Stock (as defined in Section 2.3(a)) owned by such Shareholder
          immediately prior to the Closing (as defined in Section 1.2), which in the
          aggregate will constitute all of the issued and outstanding Company Common
Stock           at such time, for the consideration, and upon the terms and subject to
the           conditions set forth in this Agreement and the related documents to be
executed           and delivered in connection herewith (the &#147;Acquisition&#148;).  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company, the Shareholders and the Purchaser desire to make certain
          representations, warranties, covenants and agreements in connection with the
          Acquisition.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW,
THEREFORE, in consideration of the covenants, representations and warranties set forth
herein, intending to be legally bound hereby, the parties agree as follows: </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 1 <BR>THE
ACQUISITION  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1&nbsp;&nbsp;&nbsp;&nbsp;
<U>The Acquisition</U>. Upon the terms and subject to the conditions set forth in this
Agreement and upon the representations and warranties made herein by each of the parties
to the other, on the Closing, the Purchaser shall purchase and acquire from the
Shareholders, and the Shareholders shall sell and transfer to the Purchaser, all shares
of Company Common Stock issued and outstanding immediately prior to the Closing in
exchange for the Acquisition Consideration (as defined in Section 1.4). Following the
Closing, the Purchaser shall own all of the issued and outstanding equity and any other
ownership interests of the Company.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2&nbsp;&nbsp;&nbsp;&nbsp;
<U>Closing</U>. Unless this Agreement is earlier terminated pursuant to Section 8.1, the
closing of the Acquisition (the &#147;Closing&#148;), which is expected to take place on
or about October 22, 2004, will take place upon satisfaction or waiver of the conditions
set forth in Article 6, at the offices of Williams Mullen, 8270 Greensboro Drive, Suite
700, McLean, Virginia 22102, unless another place or time is agreed to by the Purchaser
and the Shareholders.  </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3&nbsp;&nbsp;&nbsp;&nbsp;
<U>Directors and Officers of Company After Closing</U>. Immediately after the Closing, the
directors of the Company shall be Steve L. Komar, James T. McCubbin, Daniel E. Turissini
and Mark C. Fuller, who shall hold office in accordance with the certificate of
incorporation and bylaws of the Company. Immediately after the Closing, Daniel E.
Turissini shall be the President and Chief Executive Officer of the Company, and James T.
McCubbin shall be the Secretary and Treasurer of the Company, each to hold office in
accordance with the bylaws of the Company. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4&nbsp;&nbsp;&nbsp;&nbsp;<U>Acquisition
Consideration</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Upon
the terms and subject to the conditions set forth in this Agreement and           upon
the representations, warranties covenants and agreements of the Company and           the
Shareholders contained herein, and in exchange for all of the shares of           Company
Common Stock issued and outstanding immediately prior to the Closing,           the
Purchaser shall:  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          at
the Closing, (x) pay to the Shareholders, as specified in Section           1.4(a)(i)(x)
of the Company Disclosure Schedule, the aggregate of Five Million           Dollars
($5,000,000) payable in a combination of cash and Purchaser Stock, less           the
Receivables Holdback (as hereinafter defined), as specified in Section           1.4(a)
of the Company Disclosure Schedule (the &#147;Aggregate Closing           Amount&#148;),
and (y) cause certificates evidencing the Maximum Stock           Consideration,
designated as specified in Section 1.4(a)(i)(y) of the Company           Disclosure
Schedule, to be issued and delivered to the Escrow Agent and held           pursuant to
the terms of the Escrow Agreement;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          within
five (5) Business Days after the filing with the Securities and Exchange
          Commission of the Purchaser&#146;s annual report on Form 10-K for the fiscal
          year ended December 31, 2004, cause the Escrow Agent to release the 2004 Stock
          Consideration, in the aggregate amount determined pursuant to Section 1.4(c)
          hereof, and deliver same to the Shareholders;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          within
five (5) Business Days after the filing with the Securities and Exchange
          Commission of the Purchaser&#146;s annual report on Form 10-K for the fiscal
          year ended December 31, 2005, (x) cause the Escrow Agent to release the 2005
          Stock Consideration, in the aggregate amount determined pursuant to Section
          1.4(d)(i) hereof, and deliver same to the Shareholders and (y) pay to the
          Shareholders, as specified in Section 1.4(a)(iii) of the Company Disclosure
          Schedule, the aggregate amount determined pursuant to Section 1.4(d)(ii) hereof
          (less any set-offs or recoupments as provided under Section 1.5); and  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          five
(5) Business Days after the filing with the Securities and Exchange           Commission
of the Purchaser&#146;s annual report on Form 10-K for the fiscal           year ended
December 31, 2006, pay to the Shareholders, as specified in Section           1.4(a)(iv)
of the Company Disclosure Schedule, the aggregate of the Contingent           Earnout
Payment (less any set-offs or recoupments as provided under Section 1.5)
          (collectively, the Aggregate Closing Amount, the Actual Stock Consideration,
the           Deferred Cash Payment and the Contingent Earnout Payment shall be referred
to as           the &#147;Acquisition Consideration&#148;).  </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Notwithstanding
anything to the contrary in this Agreement, if the parties in           good faith
dispute the amount of any Clawback Amount or Loss (if any) as           provided in
Section 1.5 below, that portion of (i) the Actual Stock           Consideration, (ii) the
Deferred Cash Payment (iii) amounts collected by the           Purchaser that are
attributable to the Receivables Holdback, and/or (iv) the           Contingent Earnout
Payment, that is in dispute shall not be payable to the           Shareholders until
after resolution of such dispute.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Within
five (5) Business Days after the filing with the Securities and Exchange
          Commission of the Purchaser&#146;s annual report on Form 10-K for the fiscal
          year ended December 31, 2004, the Purchaser shall compute the amount of the
2004           Stock Consideration<I></I>as follows:  </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
If
ORC 2004 EBITDA is less than or equal to the ORC 2004 EBITDA Floor, the amount of the
2004 Stock Consideration will be zero. If ORC 2004 EBITDA is greater than the ORC 2004
EBITDA Target, the amount of the 2004 Stock Consideration will be One Million Dollars
($1,000,000) divided by the Strike Price. If ORC 2004 EBITDA is greater than the ORC 2004
EBITDA Floor but less than the ORC 2004 EBITDA Target, the amount of the 2004 Stock
Consideration shall be equal to (I) the result obtained by multiplying (a) the amount by
which the ORC 2004 EBITDA exceeds the ORC 2004 EBITDA Floor by (b) two, and (II) dividing
the product by the Strike Price. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Within
five (5) Business Days after the filing with the Securities and Exchange
          Commission of the Purchaser&#146;s annual report on Form 10-K for the fiscal
          year ended December 31, 2005, the Purchaser shall compute the following
amounts:  </FONT></P>


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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>(i)</I> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>2005
Stock Consideration</I></FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
If
ORC 2005 EBITDA is less than or equal to the ORC 2005 EBITDA Floor, the amount of the
2005 Stock Consideration to be delivered to the Shareholders pursuant to Section
1.4(a)(iii)(x) will be zero. If ORC 2005 EBITDA is greater than the ORC 2005 EBITDA
Floor, the amount of the 2005 Stock Consideration will be equal to the sum of:  </FONT></TD>
</TR>
</TABLE>
<BR>


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<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x)
            the lesser of (1) $1,500,000 divided by the Strike Price, and (2) the result
               obtained by (I) multiplying (a) the amount by which ORC 2005 EBITDA
exceeds the                ORC 2005 EBITDA Floor by (b) four, and (II) dividing the
product by the Strike                Price; <I>plus</I> </FONT>
</TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(y) if
ORC 2004 EBITDA was less than the ORC 2004 EBITDA Target and ORC 2005 EBITDA
               exceeds the ORC 2005 EBITDA Target, the result obtained by (I) multiplying
(a)                the lesser of (1) the ORC 2004 EBITDA Deficit and (2) the amount by
which ORC                2005 EBITDA exceeds the ORC 2005 EBITDA Target by (b) two and
(II) dividing the                product by the Strike Price.  </FONT>
</TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
In
no event shall the sum of the 2004 Stock Consideration and the 2005 Stock Consideration
exceed an amount equal to Two Million Five Hundred Thousand Dollars ($2,500,000) divided
by the Strike Price. In the event the Maximum Stock Consideration exceeds the Actual
Stock Consideration, the shares of Purchaser Stock representing the difference shall be
deemed forfeited by the Shareholders (in the respective amounts applicable to each) and
such shares shall be released and returned to the Purchaser by the Escrow Agent
immediately after the determination made pursuant to this Section 1.4(d)(i). Thereafter,
the Shareholders shall have no claim, lien or other interest in such shares. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>(ii)</I> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Deferred
Cash Payment Amount</I></FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
If
ORC 2005 EBITDA is less than or equal to the ORC 2005 EBITDA Cash Floor, the amount
payable pursuant to Section 1.4(a)(iii)(y) will be zero. If ORC 2005 EBITDA is greater
than the ORC 2005 EBITDA Cash Floor, the amount payable pursuant to Section
1.4(a)(iii)(y) will be equal to the lesser of (1) $500,000 and (2) the product obtained
by (i) multiplying the amount by which ORC 2005 EBITDA exceeds the ORC 2005 EBITDA Cash
Floor by (ii) four, in either case plus interest accrued on such amount at the rate of
four percent (4%) per annum from the date of Closing to the date of payment. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>1.5</I> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Adjustments
to the Acquisition Consideration.</I></FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
parties agree that the Aggregate Closing Amount payable at Closing shall be
          reduced by the face amount of the Company&#146;s accounts receivable that have
          been outstanding ninety (90) days or more as of Closing (the &#147;Aged
          Receivables&#148;). The amount heldback as provided in the above sentence shall
          be referred to as the &#147;Receivables Holdback.&#148; The Purchaser shall
          retain and deliver the Receivables Holdback as provided in this Section 1.5(a).
          At the end of each calendar month following Closing, the Purchaser shall
deliver           to the Shareholders any amount collected under the Aged Receivables <I><U>less</U></I>any
amounts expended by the Purchaser in connection with any           applicable collection
efforts. The Purchaser shall have no obligation to deliver           or otherwise pay to
the Shareholders any uncollected portion of the Receivables           Holdback.
Notwithstanding anything in the foregoing to the contrary, (i)           following the
one hundred eighty (180) day period immediately following Closing,           the
Purchaser shall have no further obligation to deliver to the Shareholders           any
amount thereafter received under the Aged Receivables and the Purchaser           shall,
in its sole discretion, be entitled to write-off and cease collections           efforts
with respect to any Aged Receivable then outstanding (whether in whole           or in
part); (ii) nothing set forth herein shall obligate the Purchaser in any           way to
engage in collection practices with respect to the Aged Receivables other           than
practices reasonably consistent with its usual and ordinary collection
          practices then in effect; and (iii) the Purchaser shall have no obligation
          whatsoever to collect from any customer for an Aged Receivable that such
          customer disputes.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          In
the event that any of the Shareholders shall be bound by the terms of this
          Agreement to indemnify or hold harmless any Purchaser Indemnified Party,
          including, without limitation, for any Losses or any Clawback Amount, the
          Purchaser shall be entitled to, but shall not be obligated to, set-off and
          recoup such Losses and/or Clawback Amount against the Acquisition
Consideration;           it being acknowledged and understood that any such set-off or
recoupment may be           made, in the Purchaser&#146;s sole discretion, against any
portion of the           Acquisition Consideration that is not paid at Closing and prior
to payment or           delivery to the Shareholders, including (i) the Actual Stock
Consideration, (ii)           the Deferred Cash Payment, (iii) amounts collected by the
Purchaser that are           attributable to the Receivables Holdback, and/or (iv) the
Contingent Earnout           Payment.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          If
the Company&#146;s 2004 Revenue shall be less than Eight Million Dollars
          ($8,000,000), then the Shareholders, jointly and severally, shall pay to the
          Purchaser upon demand an amount equal to the difference between (i) Eight
          Million Dollars ($8,000,000) and (ii) the Company&#146;s 2004 Revenue (the
          &#147;Clawback Amount&#148;). Each of the Shareholders and the Company hereby
          jointly and severally represents and warrants that the Company&#146;s 2004
          Revenue shall not be less than Eight Million Dollars ($8,000,000). In the event
          the Company&#146;s 2004 Revenue is less than Eight Million Dollars
($8,000,000),           and/or the Purchaser incurs any Losses for which the Purchaser
exercises its           set-off and recoupment rights pursuant to Section 1.5(b), the
Purchaser shall           give written notice to the Shareholders of the Clawback Amount
and/or such           Losses payable hereunder, and any set-off or recoupment against the
Acquisition           Consideration by the Purchaser for any such Clawback Amount and/or
Losses shall           be effective upon the date seven (7) calendar days immediately
following the           date of such notice (the &#147;Set-off Effective Date&#148;);
provided, however,           if the Shareholders dispute such claim in writing to the
Purchaser prior to the           Set-off Effective Date, then the effective date of such
set-off or recoupment           shall be the date the dispute is resolved; provided,
further, however, that           regardless of any dispute between the parties as to any
such set-off or           recoupment, the Purchaser shall be entitled to withhold any
amounts deemed           adequate by the Purchaser for such purpose until the date the
dispute is           resolved.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          In
the event that as of the Set-off Effective Date, the total of (i) the Actual
          Stock Consideration, (ii) the Deferred Cash Payment, (iii) amounts collected by
          the Purchaser that are attributable to the Receivables Holdback and (iv) the
          Contingent Earnout Payment, not yet paid or delivered to the Shareholders is
          insufficient to set-off and recoup any claim for any Clawback Amount and/or any
          Losses, then the Shareholders shall pay to the Purchaser, jointly and
severally,           the difference to the Purchaser within seven (7) calendar days
following the           date of the Purchaser&#146;s above-referenced claim notice.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          No
limitation on any such right of set-off and recoupment provided under this
          Section 1.5 shall otherwise affect any Purchaser Indemnified Party&#146;s
rights           hereunder or otherwise. Such remedy of set-off and recoupment shall be
in           addition to and not in limitation of any injunctive relief or other rights
or           remedies to which any Purchaser Indemnified Party is or may be entitled, at
law           or in equity. The exercise of any such right of set-off and recoupment by
the           Purchaser in good faith, whether or not ultimately determined to be
justified,           will not constitute a breach of this Agreement.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          All
set-offs, recoupments and/or payments of Losses and/or any Clawback Amount
          shall be treated as adjustments to the Acquisition Consideration payable to the
          Shareholders.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6&nbsp;&nbsp;&nbsp;&nbsp;
<U>Taking of Necessary Action; Further Action</U>. If, at any time after the Closing, any
such further action is necessary or desirable to carry out the purposes of this Agreement
or to vest the Purchaser or the Company with full right, title and possession to all
assets, property, rights, privileges, powers and franchises of the Company, the officers
and directors of the Company are fully authorized to take, and will take, all such lawful
and necessary action. If, at any time after the Closing, any further action is necessary
or desirable to vest the Shareholders with full right, title and possession to and of the
Acquisition Consideration, the officers and directors of the Purchaser are fully
authorized to take, and will take, all such lawful and necessary action. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 2
<BR>REPRESENTATIONS AND WARRANTIES<BR>OF THE COMPANY AND SHAREHOLDERS  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company and each Shareholder hereby jointly and severally represent and warrant to the
Purchaser, subject to such exceptions as are specifically disclosed in the disclosure
schedule and schedule of exceptions (the &#147;Company Disclosure Schedule&#148;)
delivered herewith and dated as of the date hereof (which Company Disclosure Schedule
shall (i)&nbsp;be deemed to be representations and warranties as if made hereunder and
(ii)&nbsp;adequately describe the exceptions and specifically reference the Section hereof
to which it applies), as follows: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1&nbsp;&nbsp;&nbsp;&nbsp;
<U>Organization and Qualification</U>. The Company is a corporation duly organized,
validly existing and in good standing under the Laws of the Commonwealth of Virginia, and
has full corporate power and authority to conduct its business as now conducted and as
currently proposed to be conducted and to own, use, license and lease its Assets and
Properties. The Company is duly qualified, licensed or admitted to do business and is in
good standing as a foreign corporation in each jurisdiction in which the ownership, use,
licensing or leasing of its Assets and Properties, or the conduct or nature of its
business, makes such qualification, licensing or admission necessary. Section 2.1 of the
Company Disclosure Schedule sets forth each jurisdiction where the Company is so
qualified, licensed or admitted to do business and separately lists each other
jurisdiction in which the Company owns, uses or leases from third parties substantial
tangible Assets and Properties, or has employees. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>6 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2&nbsp;&nbsp;&nbsp;&nbsp;
<U>Authority Relative to this Agreement</U>. The Company has full corporate power and
authority to execute and deliver this Agreement and the other agreements which are
attached (or forms of which are attached) as exhibits hereto (the &#147;Ancillary
Agreements&#148;) to which the Company is a party, to perform its obligations hereunder
and thereunder and to consummate the transactions contemplated hereby and thereby. The
Company&#146;s board of directors has approved this Agreement and declared its
advisability. The execution and delivery by the Company of this Agreement and the
Ancillary Agreements to which the Company is or will become a party and the consummation
by the Company of the transactions contemplated hereby and thereby, and the performance by
the Company of its obligations hereunder and thereunder, have been duly and validly
authorized by all necessary action by the board of directors of the Company, and no other
action on the part of the board of directors of the Company is required to authorize the
execution, delivery and performance of this Agreement and the Ancillary Agreements to
which the Company is or will become a party and the consummation by the Company of the
transactions contemplated hereby and thereby. This Agreement and the Ancillary Agreements
to which the Company is or will become a party have been or will be, as applicable, duly
and validly executed and delivered by the Company and each constitutes or will constitute,
as applicable, a legal, valid and binding obligation of the Company enforceable against
the Company in accordance with its respective terms, except as the enforceability thereof
may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization,
moratorium or other similar Laws relating to the enforcement of creditors&#146; rights
generally and by general principles of equity. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3&nbsp;&nbsp;&nbsp;&nbsp;
<U>Capital Stock</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
authorized capital stock of the Company consists of Three Thousand Sixty
          (3,060) shares of common stock, $10 par value per share (the &#147;Company
          Common Stock&#148;), of which One Thousand Eight Hundred (1,800) are issued and
          outstanding. All of the issued and outstanding shares of Company Common Stock
          are validly issued, fully paid and non-assessable, have been issued in
          compliance with all applicable federal, state and foreign securities Laws, and
          are owned beneficially and of record by the Shareholders. No shares of Company
          Common Stock are held in treasury or are authorized or reserved for issuance.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.3(b) of the Company Disclosure Schedule lists the name and address of           each
Shareholder, and the number of outstanding shares of Company Common Stock           owned
of record and/or beneficially owned by each such Shareholder as of the
          execution of this Agreement.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          No
Company Common Stock has been issued subject to a repurchase option or           buy-back
agreement on the part of the Company.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          There
are no outstanding Equity Equivalents or agreements, arrangements or
          understandings to which the Company is a party (written or oral) to issue any
          Company Options. There is no stock plan of the Company pursuant to which
Company           Options have been issued or are available for issuance.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          There
are no preemptive rights or agreements, arrangements or understandings to           issue
preemptive rights with respect to the issuance or sale of Company Common           Stock
created by statute, the certificate of incorporation or bylaws of the           Company,
or any agreement or other arrangement to which the Company is a party           (written
or oral) or to which it is bound and there are no agreements,           arrangements or
understandings to which the Company is a party (written or oral)           pursuant to
which the Company has the right to elect to satisfy any Liability by           issuing
Company Common Stock or Equity Equivalents.  </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company is not a party or subject to any agreement or understanding, and           there
is no agreement, arrangement or understanding between or among any Persons
          which affects, restricts or relates to voting, giving of written consents,
          dividend rights or transferability of shares with respect to the Company Common
          Stock, including any voting trust agreement or proxy. No debt securities of the
          Company are issued and outstanding.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4&nbsp;&nbsp;&nbsp;&nbsp;
<U>Subsidiaries</U>. The Company has no (and prior to the Closing will have no)
Subsidiaries and has not had any Subsidiaries since the Company&#146;s inception. The
Company does not (and prior to the Closing will not) otherwise hold any equity,
membership, partnership, joint venture or other ownership interest in any Person. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5&nbsp;&nbsp;&nbsp;&nbsp;
<U>Directors and Officers</U>. The names of each director and officer of the Company on
and his or her position with the Company are listed on Section 2.5 of the Company
Disclosure Schedule. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6&nbsp;&nbsp;&nbsp;&nbsp;
<U>No Conflicts</U>. The execution and delivery by the Company of this Agreement and the
Ancillary Agreements to which the Company is or will be a party does not, and the
performance by the Company of its obligations under this Agreement and the Ancillary
Agreements to which the Company is or will be a party and the consummation of the
transactions contemplated hereby and thereby do not and will not: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          conflict
with or result in a violation or breach of any of the terms, conditions           or
provisions of the certificate of incorporation or bylaws (or similar
          organizational documents) of the Company;  </FONT></P>


<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          subject
to obtaining the consents, approvals and actions, making the filings and           giving
the notices disclosed in Section 2.6(c) of the Company Disclosure           Schedule, if
any, conflict with or result in a violation or breach of any Law or           Order
applicable to the Company or any of its Assets and Properties; or  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          except
as disclosed in Section 2.6(c) of the Company Disclosure Schedule, (i)           conflict
with or result in a violation or breach of, (ii) constitute a default           (or an
event that, with or without notice or lapse of time or both, would           constitute a
default) under, (iii) require the Company to obtain any consent,           approval or
action of, make any filing with or give any notice to any Person as           a result or
under the terms of (except for such consents approvals, orders,           authorizations,
registrations, declarations and filings as may be required under           applicable
state or federal securities laws), (iv) result in or give to any           Person any
right of termination, cancellation, acceleration or modification in           or with
respect to, (v) result in or give to any Person any additional rights or
          entitlement to increased, additional, accelerated or guaranteed payments or
          performance under, (vi) result in the creation or imposition of (or the
          obligation to create or impose) any Lien upon the Company or any of its Assets
          and Properties under or (vii) result in the loss of any material benefit under,
          any of the terms, conditions or provisions of any Contract or License to which
          the Company is a party or by which any of the Assets and Properties of the
          Company is bound.  </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.7&nbsp;&nbsp;&nbsp;&nbsp;
<U>Company Financial Statements</U>. Section 2.7 of the Company Disclosure Schedule sets
forth (i) the audited consolidated balance sheets of the Company as of December 31, 2003,
2002 and 2001; (ii) the related audited consolidated statements of operations and
statements of cash flows for such fiscal years ended December 31, 2003, 2002 and 2001;
(iii) the unaudited consolidated balance sheet of the Company as of June 30, 2004; and
(iv) the related unaudited consolidated statement of operations and statement of cash
flows for the six (6) month period ended June 30, 2004 (collectively, the &#147;Company
Financials&#148;). The Company Financials (i) have been prepared in accordance with GAAP,
applied on a consistent basis, (ii) are complete and correct, (iii) are in accordance with
the Books and Records of the Company and (iv) present fairly, in all respects, the
financial condition and operating results of the Company as of the dates and during the
periods indicated therein.<U></U> </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.8&nbsp;&nbsp;&nbsp;&nbsp;
<U>Minute Books and Stock Records; Organizational Documents</U>. Copies of the minute
books and stock record books of the Company (a) have been provided or made available to
the Purchaser or its counsel prior to the execution of this Agreement, and (b) are
complete and correct in all respects. Such minute books contain a true and complete record
of all actions taken at all meetings and by all written consents in lieu of meetings of
the directors, stockholders and committees of the board of directors of the Company from
the applicable date of the incorporation through the date hereof. The Company has prior to
the execution of this Agreement made available to the Purchaser or its counsel true and
complete copies of the certificate of incorporation and bylaws (or similar organizational
documents) of the Company each as amended through the date hereof. The Company is not in
violation of any provisions of its certificate of incorporation or bylaws (or similar
organizational documents). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9&nbsp;&nbsp;&nbsp;&nbsp;
<U>Absence of Changes</U>. Since June 30, 2004 (the &#147;Company Financials Date&#148;),
except as set forth in Section 2.9 of the Company Disclosure Schedule, there has not been
any occurrence or event which, individually or in the aggregate, has had or is reasonably
expected to have any material adverse effect upon the Business or Condition of the
Company. In addition, without limiting the generality of the foregoing, except as
expressly contemplated by this Agreement and except as disclosed in Section 2.9 of the
Company Disclosure Schedule, since the Company Financials Date: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not entered into any Contract, other than with the Purchaser or           its
Affiliates, commitment or transaction or incurred any Liabilities outside of
          the ordinary course of business consistent with past practice;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not entered into any Contract, other than with the Purchaser and
          its Affiliates, as part of a Business Combination;  </FONT></P>


<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not altered or entered into any Contract or other commitment to
          alter its interest in any corporation, association, joint venture, partnership
          or business entity in which the Company directly or indirectly holds any
          interest on the date hereof;  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not entered into any strategic alliance, joint development or           joint
marketing Contract;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          there
has not been any amendment or other modification (or agreement to do so)           or
violation of the terms of, any of the Contracts set forth or described in the
          Company Disclosure Schedule;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not entered into any transaction with any officer, director,
          stockholder, Affiliate or Associate of the Company, other than pursuant to any
          Contract disclosed to the Purchaser pursuant to Section 2.9, Section 2.18(a) or
          Section 2.20 of the Company Disclosure Schedule or other than pursuant to any
          Contract of employment listed pursuant to Section 2.18(a) of the Company
          Disclosure Schedule;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not entered into or amended any Contract pursuant to which any
          other Person is granted manufacturing, marketing, distribution, licensing or
          similar rights of any type or scope with respect to any products of the Company
          or Company Intellectual Property, other than as contemplated by the Contracts
          and Licenses disclosed in the Company Disclosure Schedule;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          no
Action or Proceeding has been commenced or threatened by or against the
          Company;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not declared or set aside or paid any dividends on or made any
          other distributions (whether in cash, stock or property) in respect of any
          Company Common Stock, or effected or approved any split, combination or
          reclassification of any Company Common Stock, or issued or authorized the
          issuance of any other securities in respect of, in lieu of or in substitution
          for shares of Company Common Stock, or repurchased, redeemed or otherwise
          acquired, directly or indirectly, any shares of Company Common Stock;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          (1)
the Company has not issued, granted, delivered, sold or authorized or           proposed
to issue, grant, deliver or sell, or purchased or proposed to purchase,           any
shares of Company Common Stock or Equity Equivalents, (2) the Company has           not
modified or amended the rights of any holder of any outstanding shares of
          Company Common Stock, and (3) there have not been any agreements, arrangements,
          plans or understandings obligating the Company to make any such modification or
          amendment;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          there
has not been any amendment to the Company&#146;s certificate of           incorporation
or bylaws (or similar organizational documents);  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          there
has not been any transfer (by way of a License or otherwise) to any Person           of
rights to any Company Intellectual Property other than as disclosed in           Section
2.9 of the Company Disclosure Schedule;  </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not made or agreed to make any material disposition or sale of,
          waiver of rights to, license or lease of, or incurrence of any Lien on, any
          Assets and Properties of the Company, other than dispositions of inventory, or
          nonexclusive licenses of Assets or Properties in the ordinary course of
business           of the Company consistent with past practice;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not made or agreed to make any purchase of any Assets and
          Properties of any Person other than acquisitions of inventory, or licenses of
          Assets or Properties, in the ordinary course of business of the Company
          consistent with past practice  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not made or agreed to make any capital expenditures or           commitments
for additions to property, plant or equipment of the Company           constituting
capital assets in the aggregate in an amount exceeding Ten Thousand           Dollars
($10,000);  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not made or agreed to make any write-off or write-down, any
          determination to write-off or write-down, or revalue, any of the Assets and
          Properties of the Company, or change any reserves or Liabilities associated
          therewith, in the aggregate in an amount exceeding Five Thousand Dollars
          ($5,000);  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not made or agreed to make payment, discharge or satisfaction,           in
an amount in excess of Five Thousand Dollars ($5,000), in any one case, or           Ten
Thousand Dollars ($10,000) in the aggregate, of any claim, Liability or
          obligation (whether absolute, accrued, asserted or unasserted, contingent or
          otherwise), other than the payment, discharge or satisfaction in the ordinary
          course of business of Liabilities reflected or reserved against in the Company
          Financials and other than Liabilities incurred in the ordinary course of
          business since the Company Financials Date;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not failed to pay or otherwise satisfy any Liabilities presently
          due and payable of the Company, except such Liabilities which are being
          contested in good faith by appropriate means or procedures and which,
          individually or in the aggregate, are immaterial in amount;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not issued or sold any debt securities of the Company or           guaranteed
any debt securities of others;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not granted any severance or termination pay to any director,
          officer, employee or consultant, except payments made pursuant to written
          Contracts, copies of which have been made available to the Purchaser and which
          are disclosed in Section 2.9 of the Company Disclosure Schedule;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          except
pursuant to a Contract disclosed to the Purchaser pursuant to Section 2.9           or
Section 2.18 of the Company Disclosure Schedule, the Company has not (i)
          granted or approved any increase in salary, rate of commissions, rate of
          consulting fees or any other compensation of any current or former officer,
          director, stockholder, employee, independent contractor or consultant of the
          Company or (ii) paid or agreed or made any commitment to pay any discretionary
          or stay bonus;  </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not paid or approved the payment of any consideration of any           nature
whatsoever (other than salary, commissions or consulting fees and           customary
benefits paid to any current or former officer, director, stockholder,           employee
or consultant of the Company in the ordinary course of business) to any           current
or former officer, director, stockholder, employee, independent           contractor or
consultant of the Company;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(w)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not adopted, entered into, amended, modified or terminated
          (partially or completely) any Plan;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not made any change in accounting policies, principles, methods,
          practices or procedures (including, without limitation, for bad debts,
          contingent liabilities or otherwise, respecting capitalization or expense of
          research and development expenditures, depreciation or amortization rates or
          timing of recognition of income and expense);  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(y)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not commenced or terminated, or made any material change in, any
          line of business;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(z)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          there
has been no physical damage, destruction or other casualty loss (whether           or not
covered by insurance) affecting any of the real or personal property or
          equipment of the Company in the aggregate in an amount exceeding Five Thousand
          Dollars ($5,000); and  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(aa)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not entered into or approved any contract, arrangement or
          understanding or acquiesced in respect of any arrangement or understanding, to
          do, engage in or cause, or having the effect of, any of the foregoing,
          including, without limitation, with respect to any Business Combination not
          otherwise restricted by the foregoing paragraphs.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10&nbsp;&nbsp;&nbsp;&nbsp;
<U>No Undisclosed Liabilities</U>. Except as reflected or reserved against in the Company
Financials (including, without limitation, the notes thereto) or as disclosed in Section
2.10 of the Company Disclosure Schedule, there are no material Liabilities of the Company
or affecting any of its Assets and Properties (other than Liabilities incurred in the
ordinary course of business consistent with past practice since the Company Financials
Date which are not for tort or for breach of contract). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.11&nbsp;&nbsp;&nbsp;&nbsp;
    <U>Taxes</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has filed all Tax Returns required to be filed. All such Tax Returns
          were true, correct and complete in all respects. All Taxes owed by the Company
          (whether or not shown on any Tax Return) have been paid except for Taxes not
yet           due. The Company is not currently the beneficiary of any extension of time
          within which to file any Tax Return. No claim has ever been made in writing by
          any Governmental or Regulatory Authority in any jurisdiction where the Company
          files Tax Returns that the Company is or may be subject to taxation by that
          jurisdiction. There are no security interests on any of the Assets and
          Properties of the Company that arose in connection with any failure (or alleged
          failure) to pay any Tax, other than any security interest for Taxes not yet
due.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has withheld and paid all Taxes required to have been withheld and           paid
in connection with amounts paid or owing to any employee, independent
          contractor, creditor, stockholder or other third party.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          There
is no dispute or claim concerning any Tax Liability of the Company either           (i)
claimed or raised by any Governmental or Regulatory Authority in writing or
          (ii) as to which the Company has knowledge based upon contact with any agent of
          any such Governmental or Regulatory Authority. The Company has delivered or
made           available to the Purchaser true, correct and complete copies of all
federal           income Tax Returns filed, formal Tax opinions and examination reports
received,           and statements of deficiencies assessed against or agreed to, by or
on behalf of           the Company since inception.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has never waived any statute of limitations in respect of Taxes or
          agreed to any extension of time with respect to a Tax assessment or deficiency.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company is not a party to or bound by (nor will it prior to the Closing           become
a party to or bound by) any Tax indemnity, Tax allocation, Tax sharing or           gain
recognition agreement (whether written, unwritten or arising under           operation of
federal law as a result of being a member of a group filing           consolidated Tax
Returns (other than a group the common the Purchaser of which           was the Company),
under operation of certain state Laws as a result of being a           member of a
unitary group, or under comparable Laws of other states or foreign
          jurisdictions). The Company has never been required to include any adjustment
in           taxable income for any Tax period (or portion thereof) ending on or after
the           Closing pursuant to Code Sections 481 or 263A or any comparable provisions
under           any state or foreign Tax Laws.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company does not have any Liability for the Taxes of any Person, other than           the
Company, (A)&nbsp;under Reg. &sect;1.1502-6 (or any similar provision of           state,
local or foreign law), (B)&nbsp;as a transferee or successor, (C)&nbsp;by
          contract or (D)&nbsp;otherwise.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has not made any payments, nor is it obligated to make any payments,
          nor is it a party to any Contract, agreement or arrangement covering any
current           or former employee or consultant of the Company that under certain
circumstances           could require it to make or give rise to any payments that are
not deductible as           a result of the provisions set forth in Section 280G of the
Internal Revenue           Code or the treasury regulations thereunder or would result in
an excise tax to           the recipient of any such payment under Section 4999 of the
Internal Revenue           Code.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
unpaid Taxes of the Company (A) did not, as of the June 30, 2004, exceed the
          reserve for Tax Liabilities of the Company (rather than any reserve for
deferred           Taxes established to reflect timing differences between book and Tax
income) set           forth on the face of the Company Financials described in Section
2.7(iii) and           (iv) (rather than any notes thereto) and (B) will not exceed such
reserve as           adjusted for operations and transactions through the Closing in
accordance with           past custom and practice of the Company in filing its Tax
Returns.  </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.12&nbsp;&nbsp;&nbsp;&nbsp;
    <U>Legal Proceedings</U>.  Except as set forth in Section 2.12 of the Company Disclosure
Schedule: </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          there
are no Actions or Proceedings pending or threatened, against or adversely
          affecting the Company or any of its Assets and Properties;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          there
are no facts or circumstances known to the Company that could reasonably           be
expected to give rise to any Action or Proceeding against or adversely
          affecting the Company or any of its Assets and Properties;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not received notice, and does not otherwise have knowledge of,           any
Orders outstanding against the Company; and  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          there
are no defects, dangerous or substandard conditions in the products or
          materials sold, distributed or currently proposed to be sold or distributed by
          the Company that could cause bodily injury, sickness, disease, death or damage
          to property, or result in loss of use of property, or any claim, suit, demand
          for arbitration or notice seeking damages for bodily injury, sickness, disease,
          death or damage to property, or loss of use of property. Section 2.12(d) of the
          Company Disclosure Schedule sets forth all Actions or Proceedings against or
          affecting, or threatened against, the Company or any of its Assets and
          Properties during the three-year period prior to the date hereof.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13&nbsp;&nbsp;&nbsp;&nbsp;
<U>Compliance with Laws and Orders</U>. Neither the Company, nor any of its respective
directors, officers, Affiliates, agents or employees, has violated in any respect since
the incorporation of the Company, or is currently in default or violation in any respect
under, any Law or Order applicable to the Company or any of its Assets and Properties. The
Company is not aware of any claim of violation, or of any actual violation, of any such
Laws and Orders by the Company since the incorporation of the Company. </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14&nbsp;&nbsp;&nbsp;&nbsp;
Plans; ERISA.</I></FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          All
of the Plans of the Company are listed on Section 2.14(a) of the Company
          Disclosure Schedule. Copies of all such Plans have been made available to the
          Purchaser. To the extent applicable, the Plans comply with the requirements of
          the Employee Retirement Income Security Act of 1974, as amended, and the rules
          and regulations promulgated thereunder (&#147;ERISA&#148;) and the Internal
          Revenue Code, and except as disclosed on Section 2.14(a) of the Company
          Disclosure Schedule, no Plan is intended to be qualified under           Section&nbsp;401(a)
of the Internal Revenue Code or Section&nbsp;501(a) of the           Internal Revenue
Code. No Plan is covered by Title&nbsp;IV of ERISA or           Section&nbsp;412 of the
Internal Revenue Code. The Company has not been a           contributing employer to any
multiemployer plan as defined under Section 4001 of           ERISA. Neither the Company
nor any officer or director has incurred any           Liability or penalty under Section&nbsp;4971
through 4980E of the Code or           Title&nbsp;1 of ERISA. None of the Plans promises
or provides retiree medical or           other retiree welfare benefits to any person
except as required by applicable           Law, including but not limited to, the
Consolidated Omnibus Budget           Reconciliation Act of 1985, as amended. Each Plan
has been maintained and           administered in all respects in compliance with its
terms and with the           requirements prescribed by any and all Laws, including but
not limited to ERISA           and the Internal Revenue Code, which are applicable to
such Plans. Except as           disclosed on Section 2.14(a) of the Company Disclosure
Schedule, no Action or           Proceeding (excluding claims for benefits incurred in
the ordinary course of           Plan activities) has been brought is threatened, against
or with respect to any           such Plan. All contributions, reserves or premium
payments required to be made           or accrued as of the date hereof to the Plans have
been made or accrued. All           material reports, returns, forms and notices required
to be filed with any           Government or Regulatory Authority or furnished to
participants or beneficiaries           with respect to the Plans by the Internal Revenue
Code, ERISA or any other           applicable Law, have been so filed and furnished.
Except as disclosed on Section           2.14(a) of the Company Disclosure Schedule, the
Company is not under a legal or           contractual obligation to continue any of the
Plans and may terminate any or all           of the Plans at any time in accordance with
the terms of the Plans and           applicable Law without incurring any Liability.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Neither
the execution and delivery of this Agreement nor the consummation of the
          transactions contemplated hereby will (i)&nbsp;except as set forth in Section
          2.14(b) of the Company Disclosure Schedule, result in any payment or increase
          (including without limitation severance, unemployment compensation, bonus or
          otherwise) becoming due to any current or former director, officer, employee or
          consultant of the Company under any Plan or otherwise, (ii)&nbsp;result in a
          payment or benefit becoming due to any director, officer or employee of the
          Company under any Plan or otherwise which will be characterized as a
          &#147;parachute payment&#148; within the meaning of Section 280G of the
Internal           Revenue Code (but without regard to clause (b)(2)(A)(ii) thereof),
          (iii)&nbsp;increase any benefits otherwise payable under any Plan or
          (iv)&nbsp;result in the acceleration of the time of payment or vesting of any
          such benefits.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          To
the extent applicable, the Company has complied with the continuation health
          care coverage requirements of Section 4980B of the Internal Revenue Code and
          Sections 601 through 608 of ERISA with respect to &#147;qualifying events,&#148;          as
defined in the Internal Revenue Code and ERISA, which occur on or before the
          Closing with respect to any current or former employees of the Company and its
          respective &#147;qualified beneficiaries,&#148; as defined in the Internal
          Revenue Code and ERISA, and with the requirements of the Health Insurance
          Portability and Accountability Act and other applicable health insurance
          requirements in Section 4980D of the Internal Revenue Code and Sections 701
          through 734 of ERISA.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15&nbsp;&nbsp;&nbsp;&nbsp;Real
<U>Property</U>. </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>15 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.15(a) of the Company Disclosure Schedule contains a true and correct           list of
(i) each parcel of real property leased, utilized and/or operated by the
          Company (as lessor or lessee or otherwise) (the &#147;Leased Real
          Property&#148;) and (ii) all Liens relating to or affecting any parcel of real
          property referred to in clause (i) to which the Company is a party. True and
          correct copies of the documents under which the Leased Real Property is leased,
          subleased (to or by the Company, or otherwise), utilized and/or operated (the
          &#147;Lease Documents&#148;) have been made available to the Purchaser and such
          Lease Documents are unmodified and in full force and effect. The Company does
          not own any real property other than Company owned leasehold improvements, if
          any, on Leased Real Property<B>.</B> </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Subject
to the terms of the Lease Documents, the Company has a valid and           subsisting
leasehold estate in and the right to quiet enjoyment of each of the           Leased Real
Properties for the full term of the leases (including renewal           periods) relating
thereto. Each Lease Document referred to in Section 2.15(a) is           a legal, valid
and binding agreement, enforceable in accordance with its terms           in all material
respects, except as such enforceability may be limited by           bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium or           other similar
Laws relating to the enforcement of creditors&#146; rights           generally and by
general principles of equity, of the Company, and of each other           Person that is
a party thereto, and except as set forth in Section 2.15(b) of           the Company
Disclosure Schedule, there is no, and the Company has not received           notice of
any, default (or any condition or event which, after notice or lapse           of time or
both, would constitute a default) thereunder. The Company does not           owe
brokerage commissions or finders fees with respect to any such Leased Real
          Property.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as disclosed in Section 2.15(c) of the Company Disclosure Schedule, all
          improvements on the Leased Real Property (A) comply with and are operated in
          accordance with applicable Laws (including Environmental Laws) and all
          applicable Liens, Approvals, Contracts, covenants and restrictions and (B) are
          in all material respects in good operating condition and in a state of good
          maintenance and repair, ordinary wear and tear excepted, and such improvements
          are in all material respects adequate and suitable for the purposes for which
          they are presently being used and there are no condemnation or appropriation
          proceedings pending or threatened against any of such real property or the
          improvements thereon.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.16&nbsp;&nbsp;&nbsp;&nbsp;
<U>Tangible Personal Property</U>. The Company is in possession of and has good and
marketable title to, or has valid leasehold interests in or valid rights under Contract to
use, all tangible personal property used in the conduct of its business, including all
tangible personal property reflected on the Company Financials and tangible personal
property acquired since the Company Financials Date, other than property disposed of since
such date in the ordinary course of business consistent with past practice. Except (i) for
the Liens disclosed in Section 2.16 of the Company Disclosure Schedule and purchase money
liens on equipment purchases or product purchases in the ordinary course of the
Company&#146;s business for which the purchase price is not yet due and payable, or (ii)
as disclosed in Section 2.16 of the Company Disclosure Schedule, all such tangible
personal property (including plant, property and equipment) is free and clear of all Liens
and is suitable in all respects for the conduct by the Company of its business as
presently conducted, and is in good working order and condition in all respects, ordinary
wear and tear excepted, and its use complies with all applicable Laws. Section 2.16 of the
Company Disclosure Schedule sets forth all material tangible personal property used in the
conduct of the business of the Company. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17&nbsp;&nbsp;&nbsp;&nbsp;
<U>Intellectual Property</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.17(a) of the Company Disclosure Schedule lists all Company Registered
          Intellectual Property and lists any proceedings or actions pending as of the
          date hereof before any court or tribunal (including the United States Patent
and           Trademark Office (the &#147;PTO&#148;) or equivalent authority anywhere in
the           world) related to any of the Company Registered Intellectual Property.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has all requisite right, title and interest in or valid and           enforceable
rights under Contracts or Licenses to use all Company Intellectual           Property.
Each item of Company Intellectual Property of the Company, including,           without
limitation, all Company Registered Intellectual Property listed in           Section
2.17(a) of the Company Disclosure Schedule, is owned exclusively by the           Company
(excluding Intellectual Property licensed to the Company under any           License) and
is free and clear of any Liens. The Company (i) owns exclusively           all
trademarks, service marks and trade names used by the Company in connection
          with the operation or conduct of the business of the Company, including,
without           limitation, the sale of any products or technology or the provision of
any           services by the Company; provided, however, that the Company may use
trademarks,           service marks and trade names of third parties which are licensed
to the Company           or are in the public domain and (ii) owns exclusively, and has
good title to,           each copyrighted work that is a Company product and each other
work of           authorship that the Company otherwise purports to own.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          To
the extent that any Company Intellectual Property has been developed or           created
by any Person other than the Company, the Company has a written           agreement with
such Person with respect thereto and the Company has either (i)           obtained
ownership of, and is the exclusive owner of, all such Intellectual           Property by
operation of law or by valid assignment of any such rights or (ii)           has obtained
a License under or to such Intellectual Property.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has not transferred ownership of or granted any License of or other
          right to use or authorized the retention of any rights to use any Intellectual
          Property that is or was Company Intellectual Property to any other Person.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company Intellectual Property constitutes all the Intellectual Property used           in
and/or necessary to the conduct of the Company&#146;s business, as currently
          conducted, including the design, development, distribution, marketing,
          manufacture, use, import, license and sale of the products, technology and
          services of the Company.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.17(f) of the Company Disclosure Schedule lists all Contracts and           Licenses
(including all inbound Licenses) to which the Company is a party with           respect
to any Intellectual Property. No Person, other than the Company, has           ownership
rights to improvements made by the Company in Intellectual Property           which has
been licensed to the Company.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.17(g) of the Company Disclosure Schedule lists all Contracts, Licenses           and
agreements between the Company and any other Person wherein or whereby the
          Company has agreed to, or assumed, any obligation or duty to warrant,
indemnify,           reimburse, hold harmless, guaranty or otherwise assume or incur any
obligation           or Liability, or provide a right of rescission, with respect to the
infringement           or misappropriation by the Company or such other Person of the
Intellectual           Property of any Person other than the Company.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>17 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as disclosed in Section 2.17(h) of the Company Disclosure Schedule, the
          operation of the business of the Company, as currently conducted, including the
          design, development, use, import, manufacture and sale of the products,
          technology or services (including products, technology or services currently
          under development) of the Company does not (i) infringe or misappropriate the
          Intellectual Property of any Person, (ii) violate any License or Contract
          concerning such Intellectual Property (including any provision required by or
          imposed pursuant to 35 U.S.C. &sect;&sect;200-212 in any License or Contract to
          which the Company is a party requiring that products be manufactured
          substantially in the United States (&#147;Made-in-America Requirements&#148;)),
          (iii) violate the rights of any Person (including rights to privacy or
          publicity) or (iv) constitute unfair competition or an unfair trade practice
          under any Law, and the Company has not received notice from any Person claiming
          that such operation or any act, product, technology or service (including
          products, technology or services currently under development) of the Company
          infringes or misappropriates the Intellectual Property of any Person or
          constitutes unfair competition or trade practices under any Law, including
          notice of infringement of third-party patent or other Intellectual Property
          rights from a potential licensor of such rights.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Each
item of Company Registered Intellectual Property which has actually been
          registered is valid and subsisting, and all necessary registration,
maintenance,           renewal fees, annuity fees and taxes in connection with such
Registered           Intellectual Property have been paid and all necessary documents and
          certificates in connection with such Registered Intellectual Property have been
          filed with the relevant patent, copyright, trademark or other authorities in
the           United States or foreign jurisdictions, as the case may be, for the
purposes of           maintaining such Registered Intellectual Property. Section 2.17(i)
of the           Company Disclosure Schedule lists all actions that must be taken by the
Company           within ninety (90) days from the date hereof, including the payment of
any           registration, maintenance, renewal fees, annuity fees and taxes or the
filing of           any documents, applications or certificates for the purposes of
maintaining,           perfecting, preserving or renewing any Company Registered
Intellectual Property.           In each case in which the Company has acquired ownership
of any Intellectual           Property from any Person, the Company has obtained a valid
and enforceable           assignment sufficient to irrevocably transfer all rights in
such Intellectual           Property (including the right to seek past and future damages
with respect to           such Intellectual Property) to the Company and, to the maximum
extent provided           for by and required to protect the Company&#146;s ownership
rights in and to           such Intellectual Property in accordance with applicable Laws,
the Company has           recorded each such assignment of Registered Intellectual
Property with the           relevant Governmental or Regulatory Authority, including the
PTO or the U.S.           Copyright Office.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          There
are no Contracts or Licenses between the Company and any other Person with
          respect to Company Intellectual Property under which there is any dispute (or,
          to the Company&#146;s knowledge, facts that may reasonably lead to a dispute)
          regarding the scope of such Contract or License, or performance under such
          Contract or License, including with respect to any payments to be made or
          received by the Company thereunder.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>18 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          To
the knowledge of the Company, no Person is infringing or misappropriating any
          Company Intellectual Property.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as set forth in Section 2.17(l) of the Company Disclosure Schedule, the           Company
has taken all commercially reasonable steps to protect their respective           rights
in confidential information and trade secrets of the Company or provided           by any
other Person to the Company subject to a duty of confidentiality. Without
          limiting the generality of the foregoing, the Company has, and enforces, a
          policy requiring each employee, consultant and independent contractor to
execute           proprietary information, confidentiality and invention and copyright
assignment           agreements substantially in the form set forth in Section 2.17(l) of
the Company           Disclosure Schedule, and all current and former employees,
consultants and           independent contractors of the Company have executed such an
agreement and           copies of all such agreements have been provided to the Purchaser
or made           available to the Purchaser for review.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          No
Company Intellectual Property or product, technology or service of the           Company
is subject to any Order, Action or Proceeding that restricts, or that is
          reasonably expected to restrict in any manner, the use, transfer or licensing
of           any Company Intellectual Property by the Company or that may affect the
          validity, use or enforceability of such Company Intellectual Property.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          No
(i) product, technology, service or publication of the Company, (ii) material
          published or distributed by the Company or (iii) conduct or statement of the
          Company, constitutes obscene material, a defamatory statement or material,
false           advertising or otherwise violates any Law.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Neither
this Agreement nor any transactions to be accomplished pursuant to this
          Agreement will result in the Purchaser&#146;s granting any rights or licenses
          with respect to the Intellectual Property of the Purchaser to any Person
          pursuant to any Contract to which the Company is a party or by which any of its
          Assets and Properties are bound.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.17(p) of the Company Disclosure Schedule sets forth a list of (x) all
          software which the Company has licensed from any third party which is used by
          the Company in its products or otherwise in its business (other than
          off-the-shelf software) and (y) a list of all &#147;freeware&#148; and
          &#147;shareware&#148; incorporated into any product now or heretofore shipped
by           the Company. The Company has all rights necessary to the use of such
software,           &#147;freeware&#148; and &#147;shareware.&#148; </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
products of the Company comply with all applicable standards and with the
          feature specifications and performance standards set forth in the product data
          sheets of the Company. There are no outstanding claims (or facts known to the
          Company that are likely to lead to a claim) for breach of warranties by the
          Company in connection with the foregoing. All product performance comparisons
          heretofore furnished by the Company to customers or the Purchaser are accurate
          in all respects as of the dates so furnished (except that, in the case of
          product performance comparisons made as of a specified earlier date, such
          comparisons shall be accurate as of such specified earlier date, and, in the
          case of product performance comparisons superseded by a subsequent product
          performance comparison furnished to the customer before the customer&#146;s
          acquisition of a product or License on the product covered by the superseded
          comparison, the superseding comparison shall be accurate in all respects and
the           superseded comparison shall be disregarded).  </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>19 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has taken all necessary steps to protect and preserve ownership of
          Company Intellectual Property. The Company has secured valid written
assignments           from all consultants and employees who contributed to the creation
or           development of the Company Intellectual Property. In the event that the
          consultant is concurrently employed by the Company and a third party, the
          Company has taken all appropriate steps to ensure that any Company Intellectual
          Property developed by such a consultant does not belong to the third party or
          conflict with the third party&#146;s employment agreement (such steps include
          ensuring that all research and development work performed by such a consultant
          is not performed on the facilities of the third party or using the resources of
          the third party), except as set forth in Section 2.17(r) of the Company
          Disclosure Schedule.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has delivered to the Purchaser correct and complete copies of all
          Company Registered Intellectual Property and Company Intellectual Property and
          complete copies of all other written documentation evidencing the Company&#146;s
          ownership and prosecution (if applicable) thereof.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company is in compliance with any and all security standards and disaster
          recovery plans maintained by the Company designed to protect the Company&#146;s
          information technology.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          None
of the Company or the Shareholders has any knowledge of any new products,
          inventions, procedures or methods of manufacturing or processing that any
          competitors or other third parties have developed that reasonably could be
          expected to supersede or make obsolete any process, product, technology or
          service of the Company.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.18&nbsp;&nbsp;&nbsp;&nbsp;
<U>Contracts</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.18(a) of the Company Disclosure Schedule contains a true and complete           list of
each of the Contracts (true and complete copies of which or, if oral           Contracts,
complete and accurate written descriptions of which, together with           all
amendments and supplements thereto and all waivers of any terms thereof,           have
been made available to the Purchaser prior to the execution of this           Agreement
except as listed in Section 2.18(a) of the Company Disclosure           Schedule), to
which the Company is a party or by which any of its Assets and           Properties are
bound (other than employee offer letters).  </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>20 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Each
Contract required to be disclosed in Section 2.18(a) of the Company           Disclosure
Schedule is in full force and effect and constitutes a legal, valid           and binding
agreement, enforceable in all respects in accordance with its terms,           except as
such enforceability may be limited by bankruptcy, insolvency,           fraudulent
conveyance, reorganization, moratorium or other similar Laws relating           to the
enforcement of creditors&#146; rights generally and by general principles           of
equity. Except as disclosed in Section 2.18(b) of the Company Disclosure
          Schedule, no other party to such Contract is in violation or breach of or
          default under any such Contract (or with notice or lapse of time or both, would
          be in violation or breach of or default under any such Contract), and no event,
          occurrence or condition exists which, with the lapse of time, the giving of
          notice, or both, or the happening of any further event or condition, would
          become a default by any party thereunder or give rise to termination rights
          thereunder.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as disclosed in Section 2.18(c) of the Company Disclosure Schedule, the           Company
is not a party to or bound by any Contract that (i) automatically           terminates or
allows termination by the other party thereto upon consummation of           the
transactions contemplated by this Agreement or (ii) contains any covenant or
          other provision which limits the Company&#146;s ability to compete with any
          Person in any line of business or in any area or territory.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19&nbsp;&nbsp;&nbsp;&nbsp;
<U>Government Contracts</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.19(a) of the Company Disclosure Schedule contains a complete and           correct list
of all Government Contracts (including subcontracts) that are           either currently
active in performance, or have been active in the past but have           not been closed
after receiving final payment, or have been active in           performance for the five
(5) year period prior to the Closing. For each           Government Contract disclosed,
Section 2.19(a) of the Company Disclosure           Schedule also contains a complete and
correct list of all contracting           officers&#146; contact information, including
without limitation, full names,           addresses and phone numbers.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.19(a) of the Company Disclosure Schedule accurately reports for each
          Government Contract the total net payments made as of the Company Financials
          Date, payments due for work performed, and the Company&#146;s best estimate of
          total projected value.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as disclosed in Section 2.19(a) of the Company Disclosure Schedule, the           Company
has not bid on or been awarded any &#147;small business set aside           contract,&#148; &#147;woman-owned
set aside contract,&#148; any other &#147;set           aside contract&#148; or other
order or contract requiring small business or           other special status at any time
during the last five (5) years. None of the           Company&#146;s expected sales or
orders will be lost, and the customer relations           of the Company will not be
damaged, as a result of the Company continuing the           operations of the Company as
an entity that does not qualify as a small business           concern.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company is, and has been since five (5) years prior to the date of this
          Agreement, in compliance with all terms and conditions of each Government
          Contract, and the Company has not received notice of any breach or violation of
          any contract requirement or law or regulation pertaining to any Government
          Contract. No contract termination, default notice or show cause notice is, or
          since the date five (5) years prior to the date of this Agreement has been, in
          effect pertaining to any Government Contract.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>21 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Neither
(i) the Company, nor any of its respective partners, stockholders,           directors or
officers, nor (ii) any of their respective predecessors, has been           debarred,
suspended or excluded from participation in the award of any           Government
Contract or for any reason listed on the List of Parties Excluded           from Federal
Procurement and Nonprocurement Programs nor has any debarment,           suspension or
exclusion proceeding been initiated against the Company or any of           its
predecessors, partners, stockholders, directors or officers.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          There
have been no Actions or Proceedings involving or related to the Company or           any
of its predecessors, partners, stockholders, directors, officers or           employees
with respect to an alleged or potential violation of a contract           requirement or
applicable Law pertaining to any Government Contract, since the           date ten (10)
years prior to the date of this Agreement.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has not conducted any internal investigation in connection with           which
the Company has engaged any outside legal counsel, auditor, accountant or
          investigator, or made any disclosure to any Governmental or Regulatory
Authority           or other customer or prime contractor or higher-tier subcontractor
related to           any suspected, alleged or possible violation of a contract
requirement or           violation of applicable Law with respect to any Government
Contract.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company maintains systems of internal controls that are in compliance with           all
requirements of all of the Government Contracts and of applicable Laws,
          including, without limitation, the Federal Acquisition Regulation           (&#147;FAR&#148;).  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)&nbsp;&nbsp;&nbsp;&nbsp;          Without
limiting the force and affect of Section 2.19(h) above, the Company
          specifically maintains systems of internal controls that:  </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i) </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>are
in compliance with the Cost Accounting Standards required by Subpart 30.6 of
               FAR and has practiced such accounting methods since its inception or
shortly                after its inception; and  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(ii) </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>promote
the protection of the Company&#146;s Intellectual Property and                Registered
Intellectual Property, including, without limitation, those described                in
Part 27 of FAR, including, without limitation, compliance with the required
               procedures for reporting and electing Intellectual Property and/or
Registered                Intellectual Property.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Neither
the Company, nor any of the employees, directors, partners, principals,           agents
or assignees of the Company, has violated any legal, administrative or
          contractual restriction concerning the employment of (or discussions concerning
          possible employment with) current or former officials or employees of a state,
          local or federal government (regardless of the branch of government), including
          (not limited to) the so-called &#147;revolving door&#148; restrictions set
forth           at 18 U.S.C. &sect; 207.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>22 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          All
representations, certifications and statements executed, acknowledged or
          submitted by or on behalf of the Company to a Governmental or Regulatory
          Authority, prime contractor or higher-tier subcontractor in connection with any
          Government Contract (or change or modification thereto) since five (5) years
          prior to the date of this Agreement, including (but not limited to) any
          statements made in connection with the Procurement Integrity Law, 41 U.S.C.
          &sect; 423, the Lobbying Disclosure Act of 1995, 2 U.S.C. &sect; 1601-1612, the
          Byrd Amendment, 31 U.S.C. &sect; 1352, and their associated implementing
          regulations, contract clauses, representations or certifications were and still
          are complete and correct in all material respects.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has no pending or anticipated claims, requests for equitable           adjustment
or requests for waiver or deviation from contract requirements with           respect to
any Government Contract, nor is there any claim or anticipated claim           against
the Company by any customer agency with respect to any Government           Contract,
including, but not limited to, any claim for a reduction in price           under any
Government Contract. There exists no basis for a claim of liability           against the
Company by any Governmental Authority under the Truth in           Negotiations Act
and/or as a result of defective cost and pricing data submitted           by the Company
to any Governmental Authority.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company has no pending Actions or Proceedings against it by any Person,
          including, but not limited to, any claim for infringement of a patent,
          trademark, copyright or trade secret whose use is connected with the
performance           of a Government Contract.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.19(o) of the Company Disclosure Schedule identifies any and all           employees of
the Company who control and/or operate the Assets and Properties of           the Company
used to perform any and all of the Company&#146;s existing           Government Contracts
as disclosed in 2.19(a) of the Company Disclosure Schedule,           and, except as
disclosed in Section 2.19(o) of the Company Disclosure Schedule,           all such
employees shall continue to be employed by the Company at the Closing           as
provided in Section 6.3(f)(iv) and shall continue to so control and operate
          such Assets and Properties of the Company following the Closing.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20&nbsp;&nbsp;&nbsp;&nbsp;
<U>Insurance</U>. Section 2.20 of the Company Disclosure Schedule contains a true and
complete list of all insurance policies (by policy number, insurer, expiration date and
type, amount and scope of coverage) held by the Company relating to the Assets and
Properties of the Company, copies of which have been provided or made available to the
Purchaser. In the three&nbsp;(3) year period ending on the date hereof, the Company has
not received any notice from, or on behalf of, any insurance carrier relating to or
involving any adverse change or any change other than in the ordinary course of business,
in the conditions of insurance, any refusal to issue an insurance policy or non-renewal of
a policy, or requiring or suggesting alteration of any of the Assets and Properties of the
Company, purchase of additional equipment or modification of any of the Company&#146;s
methods of doing business. The insurance coverage provided by the policies set forth in
Section 2.20 of the Company Disclosure Schedule will not terminate or lapse by reason of
any of the transactions contemplated by this Agreement or any of the Ancillary Agreements.
Each policy listed in Section 2.20 of the Company Disclosure Schedule is valid and binding
and in full force and effect, all premiums due thereunder have been paid, and neither the
Company, nor the Person to whom such policy has been issued, has received any notice of
cancellation or termination in respect of any such policy or is in default thereunder, and
the Company has no knowledge of any reason or state of facts that is likely to lead to the
cancellation of such policies or of any threatened termination of, or premium increase
with respect to, any of such policies. The insurance policies listed in Section 2.20 of
the Company Disclosure Schedule, (i) in light of the business, operations and Assets and
Properties of the Company are in amounts and have coverages that are reasonable and
customary for Persons engaged in similar businesses and operations and having similar
Assets and Properties and (ii) are in amounts and have coverages as required by any
Contract to which the Company is a party or by which any of their respective Assets and
Properties is bound. Section 2.20 of the Company Disclosure Schedule contains a list of
all claims in excess of Ten Thousand Dollars ($10,000) made under any insurance policies
covering the Company in the last three (3) years. The Company has not received notice that
any insurer under any policy listed (or required to be listed) in Section 2.20 of the
Company Disclosure Schedule is denying, disputing or questioning liability with respect to
a claim thereunder or defending under a reservation of rights clause. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21&nbsp;&nbsp;&nbsp;&nbsp;
<U>Affiliate Transactions</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as disclosed in Section 2.9 or Section 2.21(a) of the Company Disclosure
          Schedule, (i) there are no Contracts or Liabilities between the Company, on the
          one hand, and (A) any current or former officer, director, Shareholder,
          Affiliate or Associate of the Company, or (B) any Person who is an Associate of
          any such officer, director, Shareholder or Affiliate, on the other hand, (ii)
          the Company does not provide or cause to be provided any Assets and Properties,
          services or facilities to any such current or former officer, director,
          Shareholder, Affiliate or Associate, (iii) neither the Company, nor any such
          current or former officer, director, Shareholder, Affiliate or Associate,
          provides or causes to be provided any Assets and Properties, services or
          facilities to the Company, and (iv) the Company does not beneficially own,
          directly or indirectly, any Investment Assets of any such current or former
          officer, director, Shareholder, Affiliate or Associate.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as disclosed in Section 2.21(b) of the Company Disclosure Schedule, each           of the
Contracts and Liabilities listed in Section 2.21(a) of the Company           Disclosure
Schedule was entered into or incurred, as the case may be, on terms           no less
favorable to the Company than if such Contract or Liability was entered           into or
incurred on an arm&#146;s-length basis on competitive terms.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22
<U>Employees; Labor Relations</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company is not a party to any collective bargaining agreement or other           Contract
with any group of employees, labor organization or other representative           of any
of the employees of Company, and there are no activities or proceedings           of any
labor union or other party to organize or represent such employees. There           has
not occurred nor been threatened any strike, slow-down, picketing,
          work-stoppage or other similar labor activity with respect to any such
          employees. The Company is in compliance in all material respects with all Laws
          relating to employment or the workplace, including, without limitation,
          provisions relating to wages, hours, collective bargaining, safety and health,
          work authorization, equal employment opportunity, immigration and the
          withholding of income Taxes, unemployment compensation, worker&#146;s
          compensation, employee privacy and right to know and social security
          contributions. There are no unresolved labor controversies (including
unresolved           grievances and age or other discrimination claims), if any, between
the Company           and Persons employed by or providing services to the Company.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Each
Person who is an employee of the Company is employed at will. No employee           of
the Company is represented by a union. Each Person who is an independent
          contractor of the Company is properly classified as an independent contractor
          for purposes of all employment related Laws and all Laws concerning the status
          of independent contractors. Section 2.22(b) of the Company Disclosure Schedule
          sets forth, individually and by category, the name of each officer, employee,
          independent contractor and consultant, together with such person&#146;s
position           or function, annual base salary or wage and any incentive, severance
or bonus           arrangements with respect to such person. No current employee of the
Company has           made any threat, or otherwise revealed an intent, to terminate such
          employee&#146;s relationship with the Company for any reason, including because
          of the consummation of the transactions contemplated by this Agreement. The
          Company is not a party to any agreement for the provision of labor from any
          outside agency. Since the Company&#146;s inception, there have been no claims
          against the Company by employees of such outside agencies, if any, with regard
          to employees assigned to work for the Company, and no claims by any
Governmental           or Regulatory Authority with regard to such employees.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          No
officer, employee or consultant of the Company is obligated under any           Contract
or other agreement or subject to any Order or Law that would interfere           with the
Company&#146;s business as currently conducted. Neither the execution           nor
delivery of this Agreement, nor the carrying on of the Company&#146;s           business
as presently conducted nor any activity of such officers, employees or
          consultants in connection with the carrying on of the Company&#146;s business
as           presently conducted, will conflict with or result in a breach of the terms,
          conditions or provisions of, constitute a default under or trigger a condition
          precedent to any rights under any Contract or other agreement under which any
of           such officers, employees or consultants is now bound.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.23
<U>Environmental Matters</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          No
Hazardous Material is present in, on, under or adjacent to any property that
          the Company has at any time owned, operated, occupied, leased or used
(including           both the land and improvements thereon) and no reasonable likelihood
exists that           any Hazardous Material will come to be present in, on, or under any
properties           owned, operated, occupied, leased or used at any time (including
both land and           improvements thereon) by the Company. The Company has not
transported, stored,           used, manufactured, disposed of, sold, released or exposed
its employees or any           other person to any Hazardous Material, or arranged for
the disposal, discharge,           storage or release of any Hazardous Material, or
currently engages in any of the           foregoing activities, in violation of any
applicable statute, rule, regulation,           order, treaty or Law.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          No
Approvals are required to be obtained by the Company under any Environmental
          Laws. The Company has been and is in compliance in all material respects with
          all other limitations, restrictions, conditions, standards, prohibitions,
          requirements, obligations, schedules and timetables contained in the
          Environmental Laws or contained in any regulation, code, plan, order, decree,
          judgment, notice or demand letter issued, entered, promulgated or approved
          thereunder.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>25 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          No
Action or Proceeding is pending, or to the Company&#146;s knowledge,           threatened
concerning any Environmental Law, Hazardous Material or any Hazardous           Materials
activity of the Company. The Company is not aware of any fact or           circumstance
that could involve the Company in any environmental litigation or           impose upon
the Company any environmental Liability.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.24
<U>Substantial Customers and Suppliers</U>. Section 2.24 of the Company Disclosure
Schedule lists the ten (10) largest customers of the Company on the basis of revenues
collected or accrued for the Company Financials. Section 2.24 of the Company Disclosure
Schedule lists the ten (10) largest suppliers of the Company on the basis of cost of goods
or services purchased for the Company Financials. Except as disclosed in Section 2.24 of
the Company Disclosure Schedule, no such customer or supplier has ceased or materially
reduced its purchases from or sales or provision of services to the Company since December
31, 2003 or has threatened to cease or reduce such purchases or sales or provision of
services after the date hereof. Except as disclosed in Section 2.24 of the Company
Disclosure Schedule no such customer or supplier is threatened with bankruptcy or
insolvency. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25
<U>Accounts Receivable</U>. Except as set forth in Section 2.25 of the Company Disclosure
Schedule, the accounts and notes receivable of the Company reflected on the Company
Financials, and all accounts and notes receivable arising subsequent to the Company
Financials Date, (a) arose from bona fide sales transactions in the ordinary course of
business, consistent with past practice, and are payable on ordinary trade terms, (b) are
legal, valid and binding obligations of the respective debtors enforceable in accordance
with their respective terms, except as the enforceability thereof may be limited by
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other similar
Laws relating to the enforcement of creditors&#146; rights generally and by general
principles of equity, (c) are not subject to any valid set-off or counterclaim, (d) have
been collected or are fully collectible net of reserves according to their terms in
amounts not less than the aggregate amounts thereof carried on the Books and Records of
the Company and (e) do not represent obligations for goods sold on consignment, on
approval or on a sale-or-return basis or subject to any other repurchase or return
arrangement other than customers&#146; rights to inspect goods upon receipt and reject
nonconforming goods. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.26
<U>Inventory</U>. Except to the extent reserved or provided for in the Company Financials,
all inventory of the Company reflected on the balance sheets included in the Company
Financials consisted, and all such inventory acquired since the Company Financials Date
consists, of a quality and quantity usable and saleable in the ordinary course of
business. Except as disclosed in the notes to the Company Financials or in Sections 2.26
or 2.16 of the Company Disclosure Schedule, all items included in the inventory of the
Company are the property of the Company, free and clear of any Lien, are not held by the
Company on consignment from others and conform in all material respects to all standards
applicable to such inventory or its use or sale imposed by Governmental or Regulatory
Authorities. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>26 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27
<U>Other Negotiations; Brokers; Third-Party Expenses</U>. Neither the Company, nor any of
its officers, directors, employees, agents, or stockholders (nor any investment banker,
financial advisor, attorney, accountant or other Person retained by or acting for or on
behalf of the Company), (a) has entered into any Contract that conflicts with any of the
transactions contemplated by this Agreement or (b) except as disclosed in Section 2.27 of
the Company Disclosure Schedule, has entered into any Contract or arrangement with any
Person regarding any transaction involving the Company which is likely to result in the
Purchaser, the Company, or any general partner, limited partner, manager, officer,
director, employee, agent or Affiliate of any of them being subject to any claim for
liability to said Person as a result of entering into this Agreement or consummating the
transactions contemplated hereby. Except as set forth in Section 2.27 of the Company
Disclosure Schedule, no broker, investment banker, financial advisor or other Person is
entitled to any broker&#146;s, finder&#146;s, financial advisor&#146;s or similar fee or
commission in connection with this Agreement and the transactions contemplated hereby
based on arrangements made by or on behalf of the Company; it being acknowledged and
understood by the parties that any such fee or commission shall be solely for the account
of the Shareholders and shall not be an obligation of the Purchaser. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.28
<U>Banks and Brokerage Accounts</U>. Section 2.28 of the Company Disclosure Schedule sets
forth (a) a true and complete list of the names and locations of all banks, trust
companies, securities brokers and other financial institutions at which the Company has an
account or safe deposit box or maintains a banking, custodial, trading or other similar
relationship, (b) a true and complete list and description of each such account, box and
relationship, indicating in each case the account number and the names of the respective
officers, employees, agents or other similar representatives of the Company having
signatory power with respect thereto and (c) a list of each Investment Asset, the name of
the record and beneficial owner thereof, the location of the certificates, if any,
therefor, and any stock or bond powers or other authority for transfer granted with
respect thereto. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29
<U>Warranty Obligations</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.29(a) of the Company Disclosure Schedule sets forth (i) a list of all           forms
of written warranties, guarantees and written warranty policies of the           Company
in respect of any of the Company&#146;s products and services, which are
          currently in effect (the &#147;Warranty Obligations&#148;), and the duration of
          each such Warranty Obligation, and (ii) each of the Warranty Obligations which
          is subject to any dispute or threatened dispute. True and correct copies of the
          Warranty Obligations have been made available to the Purchaser prior to the
          execution of this Agreement.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as disclosed in Section 2.29(b) of the Company Disclosure Schedule, (i)           there
have not been any deviations from the Warranty Obligations, and no           salesperson,
employee or agent of the Company, other than corporate officers is           authorized
to undertake warranty obligations to any customer or other Person in           excess of
such Warranty Obligations and (ii) the balance sheets included in the           Company
Financials reflect reasonable reserves for Warranty Obligations. All           products
manufactured or designed by the Company, and all products licensed,           leased,
rented or sold by the Company to other Persons, (A) are free from           material
defects in construction and design and (B) satisfy any and all Contract           or
other specifications related thereto to the extent stated in writing in such
          Contracts or specifications, in each case, in all respects.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>27 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30
<U>Foreign Corrupt Practices Act</U>. Neither the Company, nor any agent, employee or
other Person acting on behalf of the Company, has, directly or indirectly, used any
corporate funds for unlawful contributions, gifts, entertainment or other unlawful
expenses relating to political activity, made any unlawful payment to foreign or domestic
government officials or employees or to foreign or domestic political parties or campaigns
from corporate funds, violated any provision of the Foreign Corrupt Practices Act of 1977,
as amended, or made any bribe, rebate, payoff, influence payment, kickback or other
similar unlawful payment. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.31
<U>Assignment and Transfer of Assets and Properties</U>. There are no Intellectual
Property, Contracts or other Assets and Properties in use in the business of the Company
that are owned or leased by any of the Shareholders that have not been or will not have
been assigned to the Purchaser, or the Company at or prior to the Closing. No other
Person, including any Shareholder, has or will have any rights therein as of Closing. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.32
<U>Financial Projections</U>. The Company has made available to the Purchaser certain
financial projections with respect to the Company&#146;s business which projections were
prepared for internal use only. The Company represents and warrants that such projections
were prepared in good faith and are based on reasonable assumptions as of the date of this
Agreement. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33
<U>Approvals</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.33(a) of the Company Disclosure Schedule contains a list of all           material
Approvals of Governmental or Regulatory Authorities known to the           Company
relating to the business conducted by the Company which are required to           be
given to or obtained by the Company from any and all Governmental or           Regulatory
Authorities in connection with the consummation of the transactions
          contemplated by this Agreement and the Ancillary Agreements (other than such
          consents, approvals, orders, authorizations, registrations, declarations and
          filings as may be required under state or federal securities laws).  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Section
2.33(b) of the Company Disclosure Schedule contains a list of all           Approvals
which are required to be given to or obtained by the Company from any           and all
Persons other than Governmental or Regulatory Authorities in connection           with
the consummation of the transactions contemplated by this Agreement and the
          Ancillary Agreements.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as set forth in Section 2.33(c) of the Company Disclosure Schedule, the           Company
has obtained all Approvals from Governmental or Regulatory Authorities
          necessary to conduct the business conducted by the Company in the manner as it
          is currently being conducted and there has been no written notice received by
          the Company of any violation or non-compliance with any such Approvals. All
          Approvals from Governmental or Regulatory Authorities necessary to conduct the
          business conducted by the Company as it is currently being conducted are set
          forth in Section 2.33(c) of the Company Disclosure Schedule.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>28 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.34
    <U>Takeover  Statutes</U>.  No Takeover  Statute  applicable to the Company is applicable
 to the  Acquisition  or the other transactions contemplated hereby. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.35
<U>Patriot Act</U>. The Company, and all of its directors, officers, Affiliates, agents
and employees, at all times has been in substantial compliance with the Uniting and
Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct
Terrorism (USA Patriot Act) Act of 2001, as amended, and the rules and regulations
promulgated thereunder, as applicable to the Company and its Assets and Properties. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36
<U>Disclosure</U>. No representation or warranty made by the Company contained in this
Agreement, and no statement contained in the Company Disclosure Schedule or in any
certificate, list or other writing furnished to the Purchaser pursuant to any provision of
this Agreement (including the Company Financials and the notes thereto) contains any
untrue statement of fact or omits to state any fact necessary in order to make the
statements herein or therein, in the light of the circumstances under which they were
made, not misleading. The Company has made available to the Purchaser copies of all of the
Contracts and Licenses and other Books and Records which the Purchaser has requested on or
before the date of this Agreement. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 2A <BR>REPRESENTATIONS AND
WARRANTIES OF THE SHAREHOLDERS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Shareholder hereby represents and warrants to the Purchaser as follows: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2A.1 <U>Ownership
of Company Common Stock</U>. Such Shareholder owns of record and beneficially the number
of issued and outstanding shares of Company Common Stock set forth opposite his name on
Section 2.3(b) of the Company Disclosure Schedule. Such shares are, and when delivered by
such Shareholder to the Purchaser pursuant to this Agreement will be, duly authorized,
validly issued, fully paid, non-assessable and free and clear of any and all Liens, under
the Uniform Commercial Code or otherwise. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2A.2
<U>Shareholder Net Worth</U>. Such Shareholder is an individual who, together with his
spouse, has a net worth (i.e., total assets in excess of total liabilities) in excess of
One Million Dollars ($1,000,000). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2A.3
<U>Authority Relative to this Agreement</U>. Such Shareholder has full power and authority
to execute and deliver this Agreement and the Ancillary Agreements to which such
Shareholder is a party, to perform his obligations hereunder and thereunder and to
consummate the transactions contemplated hereby and thereby. This Agreement and the
Ancillary Agreements to which such Shareholder is or will become a party have been or will
be, as applicable, duly and validly executed and delivered by such Shareholder and,
assuming the due authorization, execution and delivery hereof (and, in the case of the
Ancillary Agreements to which the Purchaser is a party, thereof) by, and enforceability
against, the Purchaser, each constitutes or will constitute, as applicable, a legal, valid
and binding obligation of such Shareholder enforceable against him in accordance with its
respective terms, except as the enforceability thereof may be limited by bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium or other similar Laws
relating to the enforcement of creditors&#146; rights generally and by general principles
of equity. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>29 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2A.4
<U>No Conflicts</U>. The execution and delivery by such Shareholder of this Agreement and
the Ancillary Agreements to which he is a party does not, and the performance by such
Shareholder of his obligations under this Agreement and the Ancillary Agreements to which
he is a party and the consummation of the transactions contemplated hereby and thereby do
not and will not: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          conflict
with or result in a violation or breach of any Law or Order applicable           to such
Shareholder; or  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          (i)
conflict with or result in a violation or breach of, (ii) constitute a           default
(or an event that, with or without notice or lapse of time or both,           would
constitute a default) under, (iii) require such Shareholder to obtain any
          consent, approval or action of, make any filing with or give any notice to any
          Person as a result or under the terms of, (iv) result in or give to any Person
          any right of termination, cancellation, acceleration or modification in or with
          respect to, (v) result in or give to any Person any additional rights or
          entitlement to increased, additional, accelerated or guaranteed payments or
          performance under, (vi) result in the creation or imposition of (or the
          obligation to create or impose) any Lien upon any of such Shareholder&#146;s
          Assets and Properties under or (vii) result in the loss of any material benefit
          under, any of the terms, conditions or provisions of any Contract to which such
          Shareholder is a party or by which any of such Shareholder&#146;s Assets and
          Properties is bound.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2A.5
<U>Finder&#146;s Fee</U>. Except as set forth in Section 2.27 of the Company Disclosure
Schedule, such Shareholder has not incurred or become liable for any broker&#146;s
commission or finder&#146;s fee relating to or in connection with the transactions
contemplated by this Agreement; it being acknowledged and understood by the parties that
any such fee or commission shall be solely for the account of the Shareholders and shall
not be an obligation of the Purchaser. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2A.6
<U>Agreements</U>. Such Shareholder is not a party to any non-competition, trade secret or
confidentiality agreement with any party other than the Company. There are no agreements
or arrangements not contained herein or disclosed in the Company Disclosure Schedule, to
which such Shareholder is a party relating to the business of the Company or to such
Shareholder&#146;s rights and obligations as a stockholder, director or officer of the
Company. Except as set forth in Section 2A.6 of the Company Disclosure Schedule, such
Shareholder does not own, directly or indirectly, on an individual or joint basis, any
interest in, or serves as an officer or director of, any customer, competitor or supplier
of the Company or any organization which has a contract or arrangement with the Company. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>30 </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 3 <BR>REPRESENTATIONS AND
WARRANTIES OF THE PURCHASER </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Purchaser represents and warrants to the Company and the Shareholders, as follows: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 <U>Organization
and Qualification</U>. The Purchaser is a corporation duly organized, validly existing and
in good standing under the Laws of the State of Delaware. The Purchaser has full corporate
power and authority to conduct its business as now conducted and as currently proposed to
be conducted and to own, use and lease its Assets and Properties. The Purchaser is duly
qualified, licensed or admitted to do business and is in good standing in each
jurisdiction in which the ownership, use, licensing or leasing of its Assets and
Properties, or the conduct or nature of its business, makes such qualification, licensing
or admission necessary, except for such failures to be so duly qualified, licensed or
admitted and in good standing that could not reasonably be expected to have a material
adverse effect on the Business or Condition of the Purchaser. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2
<U>Authority Relative to this Agreement</U>. The Purchaser has full corporate power and
authority to execute and deliver this Agreement and the Ancillary Agreements to which it
is a party, to perform its obligations hereunder and thereunder and to consummate the
transactions contemplated hereby and thereby. The execution and delivery by the Purchaser
of this Agreement and the Ancillary Agreements to which it is a party and the consummation
by the Purchaser of the transactions contemplated hereby and thereby have been duly and
validly authorized by all necessary corporate action of the Purchaser, and no other
corporate action on the part of the Purchaser is required to authorize the execution,
delivery and performance of this Agreement and the Ancillary Agreements to which it is a
party and the consummation by the Purchaser of the transactions contemplated hereby and
thereby. This Agreement and the Ancillary Agreements to which the Purchaser is a party
have been or will be, as applicable, duly and validly executed and delivered by the
Purchaser and, assuming the due authorization, execution and delivery hereof by the
Company and/or the other parties thereto, constitutes or will constitute, as applicable, a
legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in
accordance with its respective terms, except as the enforceability thereof may be limited
by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other
similar Laws relating to the enforcement of creditors&#146; rights generally and by
general principles of equity. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3
<U>No Conflicts</U>. The execution and delivery by the Purchaser of this Agreement and the
Ancillary Agreements to which it is or will be a party does not, and the performance by
the Purchaser of its obligations under this Agreement and the Ancillary Agreements to
which it is or will be a party and the consummation of the transactions contemplated
hereby and thereby do not and will not conflict with or result in a violation or breach of
any of the terms, conditions or provisions of the certificate of incorporation or bylaws
of the Purchaser. </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>31 </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 4 <BR>CONDUCT PRIOR TO THE
CLOSING </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1
<U>Conduct of Business of the Company</U>. During the period from the date of this
Agreement and continuing until the earlier of (x) the termination of this Agreement and
(y) the Closing, the Company (unless the Company is required to take such action pursuant
to this Agreement or the Purchaser shall give its prior consent in writing) shall carry on
its business substantially in the usual, regular and ordinary course substantially
consistent with past practice, pay its Liabilities and Taxes consistent with the
Company&#146;s past practices, pay or perform other obligations when due consistent with
the Company&#146;s past practices (other than Liabilities, Taxes and other obligations, if
any, contested in good faith and for which adequate reserves have been established), and,
to the extent consistent with such business, use commercially reasonable efforts to
preserve substantially intact its present business organization, keep available the
services of its present officers and key employees and preserve its relationships with
customers, suppliers, distributors, licensors, licensees, independent contractors and
other Persons having business dealings with it, all with the express purpose and intent of
preserving substantially unimpaired its goodwill and ongoing businesses at and after the
Closing. Except as expressly contemplated by this Agreement, neither the Company nor any
Shareholder shall, without the prior written consent of the Purchaser, take or agree in
writing or otherwise to take, any action that would result in the occurrence of any of the
changes described in Section 2.9 or any other action that would make any representations
or warranties contained in this Agreement untrue or incorrect when made. Neither the
Company nor any Shareholder shall, without the prior written consent of the Purchaser,
take or agree in writing or otherwise to take, any action that would prevent the Company
or any Shareholder from performing or cause the Company or any Shareholder not to perform
its agreements and covenants hereunder or knowingly cause any condition to the
Purchaser&#146;s closing obligations in Section 6.1 or Section 6.3 not to be satisfied. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2
<U>No Solicitation</U>. Until the earlier of the Closing or the date of termination of
this Agreement pursuant to the provisions of Section 8.1, neither the Company nor any
Shareholder will take, nor will the Company permit any of the Company&#146;s
representatives to take, any of the following actions with any Person other than the
Purchaser and its designees: (a) solicit, encourage, initiate, entertain, accept receipt
of, or review any proposals or offers from, or participate in or conduct discussions with
or engage in negotiations with, any Person relating to any offer or proposal, oral,
written or otherwise, formal or informal, with respect to any possible Business
Combination with the Company (a &#147;Competing Proposed Transaction&#148;), (b) provide
information with respect to the Company to any Person(other than the Purchaser) relating
to (or which the Company believes would be used for the purpose of formulating an offer or
proposal with respect to), or otherwise assist, cooperate with, facilitate or encourage
any effort or attempt by any such Person with regard to, any possible Business Combination
with the Company, (c) agree to, enter into a Contract with any Person(other than the
Purchaser) providing for, or approve a Business Combination with the Company or (d)
authorize or permit any of the Company&#146;s representatives to take any such action. The
Company will notify the Purchaser immediately after receipt by the Company (or any of its
officers, directors, employees, agents, advisors or other representatives) of any proposal
for or inquiry respecting any Competing Proposed Transaction, or any request for nonpublic
information in connection with such proposal or inquiry or for access to the Assets and
Properties, Books and Records of the Company by any Person or entity that informs or has
informed the Company that it is considering making or has made such a proposal or inquiry.
Such notice to the Purchaser shall indicate in reasonable detail the identity of the
Person making such proposal or inquiry and the terms and conditions of such proposal or
inquiry. The Company (and its officers, directors, employees, agents, advisors or other
representatives) immediately shall cease and cause to be terminated all existing
discussions or negotiations with any parties conducted heretofore with respect to a
Competing Proposed Transaction. The Company agrees not to release any third party from, or
waive any provision of, any confidentiality or standstill agreement to which it is a
party. The Company agrees that it will use commercially reasonable efforts to promptly
inform its officers, directors, key employees and representatives of the obligations
undertaken in this Section 4.2. Nothing in this Section 4.2 shall permit the Company to
terminate this Agreement. The Company, each Shareholder and the Purchaser each acknowledge
that this Section 4.2 was a significant inducement for the Purchaser to enter into this
Agreement and the absence of such provision would have resulted in either (i) a material
reduction in the consideration to be paid to the Shareholders in the Acquisition or (ii) a
failure to induce the Purchaser to enter into this Agreement. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>32 </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 5 <BR>ADDITIONAL AGREEMENTS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1
<U>Access to Information</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
in all cases to the Company&#146;s obligations of confidentiality with respect to
third-party confidential information, between the date of this Agreement and the earlier
of the Closing or the termination of this Agreement, upon reasonable notice, the Company
shall (i) give the Purchaser and its officers, appropriate employees, accountants, and
counsel full access, upon reasonable prior notice during normal business hours, to all
buildings, offices and other facilities and to all Books and Records of the Company,
whether located on the premises of the Company or at another location; (ii) permit the
Purchaser to make reasonable inspections upon reasonable prior notice during normal
business hours; (iii) furnish the Purchaser such financial, operating, technical and
product data and other information with respect to the business and Assets and Properties
of the Company as the Purchaser from time to time may reasonably request, including
financial statements and schedules; (iv) allow the Purchaser the opportunity to interview
such customers, suppliers, prime contractors (when the Company is a subcontractor on a
Contract), employees and other personnel and Affiliates of the Company with the
Company&#146;s prior written consent; and (v) assist and cooperate with the Purchaser in
the development of cooperation plans for implementation by the Purchaser and the Company
following the Closing; provided, however, that no investigation made prior to the date of
this Agreement or made pursuant to this Section 5.1 shall affect or be deemed to modify
any representation or warranty made by the Company herein. Subject to Section 5.2 and the
agreements referenced therein, materials furnished to the Purchaser pursuant to this
Section 5.1 may be used by the Purchaser for strategic and integration planning purposes
relating to accomplishing the transactions contemplated hereby. </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>33 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2
<U>Confidentiality</U>. The parties acknowledge that the Purchaser and the Company have
previously executed a Letter of Intent, dated July 7, 2004, containing confidentiality
provisions (such provisions of such Letter of Intent, collectively, the
&#147;Confidentiality Agreements&#148;) and have implemented certain confidentiality
procedures pursuant thereto, which Confidentiality Agreements shall continue in full force
and effect in accordance with their terms. Without limiting the foregoing, all information
furnished to the Purchaser and its officers, employees, accountants and counsel by and on
behalf of the Company and its officers, employees, accountants and counsel, and all
information furnished to the Company and its officers, employees, accountants and counsel
by and on behalf of the Purchaser and its officers, employees, accountants and counsel,
shall be covered by the Confidentiality Agreements, and the Purchaser and the Company
shall be fully liable and responsible under the Confidentiality Agreements for any breach
of the terms and conditions thereof by their respective Subsidiaries, officers, employees,
accountants, counsel and other representatives. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3
<U>Expenses</U>. All fees and expenses incurred by the Company and any of the Shareholders
in connection with the negotiation and effectuation of the terms and conditions of this
Agreement and the transactions contemplated hereby, including all legal, accounting,
financial advisory, consulting, success and all other fees and expenses of third parties
(the &#147;Company Expenses&#148;) shall be the joint and several obligation of the
Shareholders. All fees and expenses incurred by the Purchaser in connection with the
negotiation and effectuation of the terms and conditions of this Agreement and the
transactions contemplated hereby, including all legal, accounting, financial advisory,
consulting and all other fees and expenses of third parties, shall be the obligation of
the Purchaser. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.4
<U>Public Disclosure</U>. Promptly after execution of this Agreement, the Purchaser and
the Company shall issue a joint press release relating to this Agreement (the &#147;Joint
Press Release&#148;) to be prepared by the Purchaser. Thereafter, unless otherwise
required by Law (including federal and state securities laws), no public disclosure
(whether or not in response to any inquiry) of the existence of any subject matter of, or
the terms and conditions of, this Agreement shall be made by any Shareholder hereto unless
approved by the Purchaser prior to release. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.5
<U>Notices and Approvals</U>. The Company shall give any notices that the Purchaser may
reasonably request in connection with the Acquisition or that are otherwise required or
contemplated hereunder. The Company and the Purchaser shall obtain all Approvals from
Governmental or Regulatory Authorities or under any of the Contracts or other agreements
as may be required in connection with the Acquisition so as to preserve all rights of and
benefits to the Company thereunder, and each party shall provide the other with such
assistance and information as is reasonably required to obtain such Approvals. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.6
<U>FIRPTA Compliance</U>. On or prior to the Closing, the Company shall deliver to the
Purchaser a properly executed statement in a form reasonably acceptable to the Purchaser
for purposes of satisfying the Purchaser&#146;s obligations (if any) under Treasury
Regulation Section 1.1445-2(c)(3). </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>34 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.7
<U>Notification of Certain Matters</U>. The Company or each Shareholder, as applicable,
shall give prompt notice to the Purchaser of (a) the occurrence or non-occurrence of any
event, the occurrence or non-occurrence of which is likely to cause any representation or
warranty of the Company or any Shareholder contained in this Agreement to be untrue or
inaccurate at or prior to the Closing and (b) any failure of the Company or any
Shareholder to comply with or satisfy any covenant, condition or agreement to be complied
with or satisfied by it hereunder; provided, however, that the delivery of any notice
pursuant to this Section 5.7 shall not limit or otherwise affect any remedies available to
the Purchaser. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.8
<U>Additional Documents and Further Assurances; Cooperation</U>. Each party hereto, at the
request of the other party hereto, shall execute and deliver such other instruments and do
and perform such other acts and things (including all action reasonably necessary to seek
and obtain any and all Approvals of any Governmental or Regulatory Authority or Person
required in connection with the Acquisition; provided, however, that neither party shall
be obligated to consent to any divestitures or operational limitations or activities in
connection therewith and no party shall be obligated to make a payment of money as a
condition to obtaining any such Approval, other than customary filing fees) as may be
necessary or desirable for effecting completely the consummation of this Agreement and the
transactions contemplated hereby. Each of the Shareholders agrees and acknowledges that he
shall, and shall cause his Affiliates to, assign or transfer to the Company any
Intellectual Property, Contracts and other Assets and Properties that are used in the
business of the Company and are owned or leased by such Shareholder or its Affiliates.
Each party agrees to use reasonable efforts to cause the conditions set forth in Article 6
to be satisfied, where the satisfaction of such conditions depends on action or
forbearance from action by such party. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.9
<U>Resignation of Directors.</U> Except as provided in Section 1.3, the Company and the
Shareholders shall obtain and deliver to the Purchaser at the Closing the resignation of
each director (or equivalent office) and officer of the Company. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.10
<U>Audited Financial Statements; Company&#146;s Auditors</U>. The Company shall cause its
management and its independent accountants to facilitate on a timely basis (a) the
preparation of financial statements (including pro forma financial statements if required)
as required by the Purchaser to comply with applicable SEC regulations, (b) the review of
any Company audit or review work papers, including the examination of selected interim
financial statements and data, and (c) the delivery of such representations from the
Company&#146;s independent accountants as may be reasonably requested by the Purchaser. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.11
<U>Delivery of Stock Ledger and Minute Book of the Company</U>. The Company shall deliver
its stock ledgers and minute books to the Purchaser at the Closing. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.12
<U>Certain Tax Matters</U>.&nbsp; The following provisions shall govern the allocation of
responsibility as between the Purchaser and the Shareholders for certain tax matters
following the Closing: </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>35 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Cooperation
on Tax Matters</U>. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Purchaser, the Company and each Shareholder shall cooperate fully, as and to
          the extent reasonably requested by the other party, in connection with the
          filing of Tax Returns for all periods that begin before the Closing and any
          audit, litigation or other Action or Proceeding with respect to Taxes. Such
          cooperation shall include the retention and (upon the other party&#146;s
          request) the provision of records and information which are reasonably relevant
          to any such audit, litigation or other Action or Proceeding and making
employees           available on a mutually convenient basis to provide additional
information and           explanation of any material provided hereunder. The Company and
each Shareholder           shall (A) retain all Books and Records with respect to Tax
matters pertinent to           the Company relating to any taxable period beginning
before the Closing until           the expiration of the statute of limitations (and, to
the extent notified by the           Purchaser or any Shareholder, any extensions
thereof) of the respective taxable           periods, and to abide by all record
retention agreements entered into with any           taxing authority, and (B) give the
Purchaser reasonable written notice prior to           transferring, destroying or
discarding any such Books and Records and, if the           Purchaser so requests, the
Company and each of the Shareholders, as the case may           be, shall allow the
Purchaser to take possession of such Books and Records.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Purchaser and each Shareholder shall, upon request, use their best efforts           to
obtain any certificate or other document from any Governmental or Regulatory
          Authority or any other Person as may be necessary to mitigate, reduce or
          eliminate any Tax that could be imposed (including without limitation any Tax
          with respect to the transactions contemplated hereby).  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Purchaser and each Shareholder shall, upon request, to provide the other           party
with all information that either party may be required to report pursuant           to
Section 6043 of the Code, and all Treasury Department Regulations promulgated
          thereunder.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Tax
Period Ending on or before Closing</U>. The Purchaser shall prepare or           cause to
be prepared, and file or cause to be filed, all income Tax Returns for           the
Company for all periods ending on or prior to the Closing that are filed           after
the Closing.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Taxes</U>. All transfer, documentary, sales, use, stamp, registration           and other
such Taxes and fees (including any penalties and interest) incurred in
          connection with this Agreement, shall be paid by the party legally responsible
          therefor when due, and such party will, at their or its own expense, file all
          necessary Tax Returns and other documentation with respect to all such
transfer,           documentary, sales, use, stamp, registration and other such Taxes and
fees, and,           if required by applicable Law, each of the Purchaser and the Company
will, and           will cause its Affiliates to, join in the execution of any such Tax
Returns and           other documentation.  </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>36   </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.13
<U>Releases</U>. At Closing, each of the Shareholders covenants and agrees to deliver, and
shall cause each of the officers and directors of the Company to deliver, to the Company a
release (each a &#147;Release&#148;), in such form as is reasonably satisfactory to the
Purchaser, stating that such Shareholder, officer or director (each a &#147;Releasing
Party&#148;), on behalf of himself and his respective successors and assigns, releases and
forever discharges the Company, and each of its past, present or future directors,
officers, trustees, employees, representatives, Affiliates, stockholders, successors and
assigns (collectively, the &#147;Released Parties&#148;) from any and all claims, demands,
Actions or Proceedings, causes of action, orders, obligations, Contracts, agreements,
debts, Indebtedness and Liabilities whatsoever, whether known or unknown, suspected or
unsuspected, both at law and in equity (collectively, &#147;Claims&#148;), which such
Releasing Party now has, has ever had or may hereafter have against any one or all of the
Released Parties for, upon or by reason of, any matter, cause or thing whatsoever, from
the beginning of the world through the date of such Release, including, but not limited
to, any rights to indemnification or reimbursement from the Company, whether pursuant to
its corporate organizational documents, any Contract or otherwise and whether or not
relating to Claims pending on, or asserted after the date of such Release, expressly
excluding, however, any rights of such Releasing Party arising under this Agreement, which
rights shall not be affected in any manner by such Release. Each Release shall also state
that the Releasing Party, on behalf of himself and his successors and assigns, irrevocably
covenants to refrain from, directly or indirectly, asserting any Claim, or commencing,
instituting or causing to be commenced, any Action or Proceeding of any kind against any
Released Party, based upon any matter released by such Release. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.14
<U>Establishment of Option Pool</U>. (a) As soon as practicable, but in no event later
than December 31, 2004, the Purchaser shall take such actions as are necessary to set
aside from the Purchaser&#146;s Stock Option Plan the Option Pool for the exclusive
benefit of the Persons listed on Section 6.3(f) of the Company Disclosure Schedule (the
&#147;Optionees&#148;). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
grant of stock options from the Option Pool shall be made to the Optionees           in
such amounts as may be determined by the Compensation Committee of the
          Purchaser, in consultation with Mr. Turissini, pursuant to and in accordance
          with the terms and conditions of the Purchaser&#146;s Stock Option Plan.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.15
<U>Purchaser Stock.</U> Each certificate representing any portion of the Maximum Stock
Consideration or any shares of Purchaser Stock issued pursuant to Section 1.4(a)(i)(x)
will be imprinted with legends substantially in the following form: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE
SECURITIES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR THE LAWS OF ANY OTHER JURISDICTION, AND MAY NOT BE SOLD, TRANSFERRED,
ASSIGNED, PLEDGED OR OTHERWISE DISTRIBUTED UNLESS THERE IS AN EFFECTIVE REGISTRATION
STATEMENT UNDER SUCH ACT AND APPLICABLE SECURITIES LAWS COVERING SUCH SECURITIES, OR SUCH
SALE, TRANSFER, ASSIGNMENT, PLEDGE OR DISTRIBUTION IS EXEMPT FROM REGISTRATION UNDER SUCH
ACT AND APPLICABLE SECURITIES LAWS. WIDEPOINT CORPORATION MAY REQUIRE AN OPINION OF
COUNSEL FOR THE HOLDER OF THE SECURITIES (REASONABLY ACCEPTABLE TO WIDEPOINT CORPORATION
AND ITS COUNSEL) STATING THAT SUCH SALE, TRANSFER, ASSIGNMENT, PLEDGE OR DISTRIBUTION IS
EXEMPT FROM REGISTRATION UNDER SUCH ACT AND APPLICABLE SECURITIES LAWS. THE SECURITIES
EVIDENCED HEREBY ARE FURTHER SUBJECT TO FURTHER RESTRICTIONS AS CONTAINED IN EACH OF THE
STOCK PURCHASE AGREEMENT, DATED AS OF OCTOBER 14, 2004, AND THE ESCROW AGREEMENT, DATED
AS OF OCTOBER 22, 2004.  </FONT>
</TD>
</TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>37 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>No Shareholder shall offer, sell,
assign, pledge, hypothecate or otherwise transfer (&#147;<U>Transfer</U>&#148;) any shares
of the Purchaser Stock acquired pursuant to this Agreement in violation of Rule 144
promulgated under the Securities Exchange Act of 1934, as amended. Each Shareholder may
Transfer all of the shares of Purchaser Stock acquired by such Shareholder pursuant to
this Agreement (x) at any time with respect to a Transfer to any successor or assignee
that is controlled by, under common control with, or controls the Shareholder or who is a
member of the &#147;immediate family&#148; (as such term is defined under Rule 16a-1(e)
promulgated by the Securities and Exchange Commission under the Securities Exchange Act of
1934, as amended) of the Shareholder and (y) after December 31, 2005 with respect to any
other Transfer; <U>provided</U>, <U>however</U>, that before any such Shareholder may
Transfer any such shares of Purchaser Stock, such Shareholder must first furnish the
Purchaser with (i) a written opinion reasonably satisfactory to the Purchaser in form and
substance from counsel reasonably satisfactory to the Purchaser by reason of experience to
the effect that such Shareholder may Transfer the Purchaser Stock as desired without
registration under the Securities Act of 1933, as amended, and (ii) a written undertaking
executed by the desired transferee reasonably satisfactory to the Purchaser in form and
substance agreeing to be bound by any restrictions on Transfer of such shares of the
Purchaser Stock as may then be applicable. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 6 <BR>CONDITIONS TO CLOSING </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1
<U>Conditions to Obligations of Each Party to Effect the Acquisition</U>. The respective
obligations of each party to this Agreement to effect the Acquisition shall be subject to
the satisfaction at or prior to the Closing of the following conditions: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governmental
and Regulatory Approvals</U>. Approvals from any Governmental or           Regulatory
Authority (if any) necessary for consummation of the transactions           contemplated
hereby shall have been obtained.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Injunctions or Regulatory Restraints; Illegality</U>. No temporary           restraining
order, preliminary or permanent injunction or other Order issued by           any court
of competent jurisdiction or Governmental or Regulatory Authority or           other
legal or regulatory restraint or prohibition preventing the consummation           of the
Acquisition shall be in effect; nor shall there be any Law or Order           enacted,
entered, enforced or deemed applicable to the Acquisition or the other
          transactions contemplated by the terms of this Agreement that would prohibit
the           consummation of the Acquisition or require the Purchaser to (i) hold
separate           the assets of the Company or (ii) not exercise full voting rights with
respect           to its shares of capital stock of the Company or (iii) which would
permit           consummation of the Acquisition only if certain divestitures were made
or if the           Purchaser were to agree to limitations on its or its Subsidiaries&#146; business
          activities or operations.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>38 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2
<U>Additional Conditions to Obligations of the Shareholders</U>. The obligations of the
Shareholders to consummate the Acquisition and the other transactions contemplated by this
Agreement shall be subject to the satisfaction at or prior to the Closing of each of the
following conditions, any of which may be waived, in writing, exclusively by such
Shareholder: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. The representations and warranties of the           Purchaser
contained in this Agreement shall be accurate in all material respects           (except
for those representations and warranties that are by their terms           qualified by a
standard of materiality, which representations and warranties           shall be true and
correct in all respects) as of the date of this Agreement and           as of the Closing
as if made on and as of the Closing (other than any such           representations and
warranties which by their express terms are made solely as           of a specified
earlier date, which shall be accurate as of such specified           earlier date).  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Performance</U>.
The Purchaser shall have performed and complied with in all           material respects
each agreement, covenant and obligation required by this           Agreement to be so
performed or complied with by the Purchaser at or before the           Closing, including
(i) delivery of the Aggregate Closing Amount pursuant to           Section 1.4(a)(i)(x),
in the amount and form specified in Section 1.4(a) of the           Company Disclosure
Schedule, to each Shareholder (or, in the case of any           Purchaser Stock to be
delivered to such Shareholder as part of the Aggregate           Closing Amount,
arrangements necessary to have certificates evidencing such           Purchaser Stock to
be issued by the Purchaser&#146;s transfer agent as promptly           as practicable
shall have been made and documentation to such effect shall be           provided to such
Shareholder at or before the Closing) and (ii) the making of           arrangements
necessary to have the Purchaser&#146;s transfer agent issue           certificates
evidencing the Maximum Stock Consideration to be delivered to the           Escrow Agent
in accordance with Section 1.4(a)(i)(y) as promptly as practicable,           which
arrangements shall be evidenced by documentation to such effect delivered           to
the Shareholders at the Closing.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Certificate</U>. The Purchaser shall have delivered to the           Shareholders a
certificate, dated the date of the Closing and executed by a duly           authorized
officer, to the effect that each of the conditions specified in           Sections 6.2(a)
and (b) above is satisfied in all respects.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3
<U>Additional Conditions to the Obligations of the Purchaser</U>. The obligations of the
Purchaser to consummate the Acquisition and the other transactions contemplated by this
Agreement shall be subject to the satisfaction at or prior to the Closing of each of the
following conditions, any of which may be waived, in writing, exclusively by the
Purchaser: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. The representations and warranties of the           Company and each
Shareholder contained in this Agreement shall be accurate in           all material
respects (except for those representations and warranties that are           by their
terms qualified by a standard of materiality, which representations and
          warranties shall be true and correct in all respects) as of the date of this
          Agreement and as of the Closing as if made on and as of the Closing (other than
          representations and warranties which by their express terms are made as of a
          specified earlier date, which shall be accurate as of such specified earlier
          date).  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>39 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Performance</U>.
The Company and each Shareholder shall have performed and           complied with in all
material respects each agreement, covenant or obligation           required by this
Agreement to be so performed or complied with by the Company or           any
Shareholder, as the case may be, at or before the Closing.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Certificate</U>. The Shareholders shall have delivered to the           Purchaser a
certificate, dated the date of the Closing, to the effect that each           of the
conditions specified in Sections 6.3(a) and (b) above and Section 6.3(h)           below
is satisfied in all respects.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Stock
Certificates</U>. The Shareholders shall have delivered to the           Purchaser the
certificate or certificates representing all of the issued and           outstanding
Company Capital Stock, duly endorsed in blank, or accompanied by a           duly
executed blank stock power.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Legal
Opinion</U>. The Purchaser shall have received a legal opinion from           McCullough
&amp; Nicholas, counsel to the Company and the Shareholders, in the           form set
forth in <U>Exhibit B</U> attached hereto.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Employees</U>.
Except for terminations caused by death or disability, (i) the           persons listed
on Section 6.3(f) of the Company Disclosure Schedule shall           continue to be
employed by the Company at the Closing and shall not have given           any notice or
other indication that they are not willing or do not intend to be           employed by
the Company following the Closing and shall have executed and           delivered to the
Purchaser the Purchaser&#146;s Intellectual Property,           Confidentiality and
Non-Competition Agreement in substantially the form attached           hereto as <U>Exhibit
C</U> (the &#147;Non-Competition Agreement&#148;); (ii) Mr.           Turissini shall be
retained as an employee by the Company and shall have           delivered to the
Purchaser an Employment Agreement in substantially the form           attached hereto as
<U>Exhibit D</U> (the &#147;Employment Agreement&#148;); and           (iii) Mr.
Montgomery shall be retained as a consultant by the Company and shall           have
delivered to the Purchaser a Consulting and Non-Competition Agreement in
          substantially the form attached hereto as <U>Exhibit E</U>.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Approvals</U>.
(i) Approvals, if any, from any Person other than a           Governmental or Regulatory
Authority necessary for consummation of the           transactions contemplated hereby
shall have been obtained, including any           Approvals required to be disclosed in
Section 2.6(c) of the Company Disclosure           Schedule; and (ii) at and after the
Closing, the Company shall have and be           entitled to exercise all of its rights
under the Contracts listed on Section           2.18(a) of the Company Disclosure
Schedule without the payment of any additional           amounts or consideration other
than ongoing fees, royalties or payments that the           Company would otherwise be
required to pay had the transactions contemplated by           this Agreement not
occurred.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Net
Working Capital</U>. The Company shall have not less than One Million Two
          Hundred Thousand Dollars ($1,200,000) in Net Working Capital at the time of
          Closing.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>40 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Releases</U>.
Each of the Shareholders and the officers and directors of the           Company shall
have executed and delivered a Release to the Company in accordance           with Section
5.13.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financing</U>.
The Purchaser shall have obtained on terms and conditions           satisfactory to it,
in its sole and absolute discretion, all of the financing it           needs in order to
consummate the Acquisition and to fund the working capital           requirements of the
Company after the Closing.  </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 7 <BR>SURVIVAL OF
REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS; INDEMNIFICATION </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1
<U>Survival of Representations, Warranties, Covenants and Agreements</U>. Notwithstanding
any right of the Purchaser (whether or not exercised) to investigate the affairs of the
Shareholders or the Company (whether pursuant to Section 5.1 or otherwise) or a waiver by
the Purchaser of any condition to Closing set forth in Article 6, the Purchaser shall have
the right to rely fully upon the representations, warranties, covenants and agreements of
the other party contained in this Agreement or in any instrument delivered pursuant to
this Agreement. Except for the representations and warranties set forth in Sections 2.2,
2.3(a), 2.11, 2.14, 2.19, and 2A.1 (which shall survive the Closing and continue until the
applicable statute of limitations has expired), all of the representations and warranties
contained in this Agreement or in any instrument delivered pursuant to this Agreement
shall survive the Closing and continue until the third anniversary of the Closing (the
&#147;Expiration Date&#148;); provided, however, that all of the representations and
warranties made by the Company contained in this Agreement or in any instrument delivered
pursuant to this Agreement shall expire upon the Closing. For the avoidance of doubt, each
provision of Article 1 and all corresponding Schedules shall survive until the
satisfaction of all obligations described therein, and each provision of Article 9 and
Article 10 shall survive so long as it is relevant to any other surviving provision. No
Action or Proceeding may be instituted to enforce, or seek damages or other remedies with
respect to the breach of any representation or warranty after the expiration of the period
of survival for such representation or warranty as described above. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.2
<U>Indemnification by the Shareholders</U>. After the Closing, the Purchaser and its
Affiliates (including, after the Closing, the Company), officers, directors, employees,
agents, successors and assigns (each a &#147;Purchaser Indemnified Party&#148; and
collectively, the &#147;Purchaser Indemnified Parties&#148;) shall be indemnified and held
harmless by each of the Shareholders, jointly and severally, for any and all Liabilities,
losses, damages of any kind, diminution in value, claims, costs, expenses, fines, fees,
deficiencies, interest, awards, judgments, amounts paid in settlement and penalties
(including, without limitation, attorneys&#146;, consultants&#146; and experts&#146; fees
and expenses and other costs of defending, investigating or settling claims) actually
suffered or incurred by them (including, without limitation, in connection with any action
brought or otherwise initiated by any of them) (hereinafter, &#147;Loss(es)&#148;),
arising out of or resulting from: </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>41 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          any
inaccuracy in or breach (or any claim by any third party alleging or
          constituting an inaccuracy or breach) of any representation or warranty of the
          Company or any of the Shareholders, as of the date of this Agreement, contained
          in this Agreement or in the Ancillary Agreements or any other instrument
          delivered pursuant to this Agreement;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          any
breach of any covenant or agreement made by the Company or any of the
          Shareholders in this Agreement or in the Ancillary Agreements or any other
          instrument delivered pursuant to this Agreement;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Losses
from breach of contract or other claims made by any party alleging to           have had
a contractual or other right to acquire Company Common Stock or any of           the
Company&#146;s Assets and Properties;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Losses
with respect to any Company Expenses required to be paid by the           Shareholders
pursuant to Section 5.3;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Losses
with respect to any Contract resulting from, relating to or arising out           of the
conduct of the Company&#146;s business, including without limitation,           Losses
incurred as the result of any audit, renegotiation, termination, breach           (other
than breaches which occur after the Closing), amendment or adjustment of           any
Contract; or  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Losses
with respect to the litigation described in Section 7.2 of the Company
          Disclosure Schedule.  </FONT></P>


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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.3
Indemnification Procedures.</I></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
obligations and Liabilities of the Shareholders under this Article 7 with
          respect to Losses arising from claims of any third party which are subject to
          the indemnification provided for in this Article 7 (&#147;Third Party
          Claims&#148;) shall be governed by and contingent upon the terms and conditions
          set forth in this Section 7.3. If any Purchaser Indemnified Party shall receive
          notice of any Third Party Claim, the Purchaser Indemnified Party shall give the
          Shareholders notice of such Third Party Claim within fifteen (15) days of the
          receipt by the Purchaser Indemnified Party of such notice; provided, however,
          that the failure to provide such notice shall not release any of the
          Shareholders from any of his respective obligations under this Article 7. The
          notice of claim shall describe in reasonable detail the facts known to the
          Purchaser Indemnified Party giving rise to such indemnification claim and the
          amount or good faith estimate of the amount arising therefrom.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>42 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Any
of the Shareholders shall be entitled to assume and control the defense of a
          Third Party Claim at his expense and through counsel of his choice (such
counsel           to be reasonably acceptable to the Purchaser Indemnified Party) if he
gives           notice of his intention to do so to the Purchaser Indemnified Party
within           fifteen (15) days of the receipt of such notice from the Purchaser
Indemnified           Party; provided, however, if there exists or is reasonably likely
to exist a           conflict of interest that would make it inappropriate for the same
counsel to           represent both the Purchaser Indemnified Party and any such
Shareholder, then           the Purchaser Indemnified Party shall be entitled to retain
its own counsel, in           each jurisdiction for which counsel is required, at the
expense of the           Shareholders, jointly and severally. In the event that any of
the Shareholders           exercises the right to undertake any such defense against any
such Third Party           Claim as provided above, such Shareholder(s) shall conduct the
defense of the           Third Party Claim actively and diligently and the Purchaser
Indemnified Party           shall cooperate with such Shareholder(s) in such defense and
make available to           such Shareholder(s) at such Shareholder&#146;s expense, all
witnesses, pertinent           records, materials and information in the Purchaser
Indemnified Party&#146;s           possession or under the Purchaser Indemnified Party&#146;s
control relating           thereto as is reasonably required by such Shareholder(s).
Similarly, in the           event the Purchaser Indemnified Party is, directly or
indirectly, conducting the           defense against any such Third Party Claim, the
Shareholders shall cooperate           with the Purchaser Indemnified Party in such
defense and make available to the           Purchaser Indemnified Party, at the
Shareholders&#146; expense, jointly and           severally, all such witnesses, records,
materials and information in any           Shareholder&#146;s possession or under any
Shareholder&#146;s control relating           thereto as is reasonably required by the
Purchaser Indemnified Party. No such           Third Party Claim may be settled by any
party conducting the defense against           such claim without the prior written
consent of the other party, which consent           shall not be unreasonably delayed or
withheld.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Each
Shareholder hereby agrees that he will not make any claim for           indemnification
against the Purchaser (or the Company) by reason of the fact           that such
Shareholder was a controlling person, director, officer, employee,           agent or
other representative of the Company or was serving as such for another           Person
at the request of the Company (whether such claim is for Liabilities of           any
kind or otherwise and whether such claim is pursuant to any statute,           charter,
bylaw, Contract or otherwise) with respect to any Action or Proceeding,           Third
Party Claim or other Loss claim brought by any Purchaser Indemnified Party
          against such Shareholder (whether such Action, Proceeding, Third Party Claim or
          other Loss claim is pursuant to this Agreement, applicable law or otherwise).  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.4
<U>Right of Offset</U>. As provided in Section 1.5, in the event any amounts are payable
by any Shareholder to Purchaser Indemnified Party pursuant to this Article 7, the
Purchaser may set-off and recoup such amounts against (i) the Actual Stock Consideration,
(ii) the Deferred Cash Payment (iii) amounts collected by the Purchaser that are
attributable to the Receivables Holdback and/or (iv) the Contingent Earnout Payment, to
the extent that any such amount has not been previously paid or delivered to the
Shareholders. The Purchaser&#146;s right to set-off and recoup amounts payable by any
Shareholder is in addition to, and not in lieu of, any other rights the Purchaser may have
at law, in equity, under the terms of this Agreement or otherwise with respect to
recovering such amounts from the Shareholders. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 8 <BR>TERMINATION, AMENDMENT
AND WAIVER </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.1
<U>Termination</U>. Except as provided in Section 8.2, this Agreement may be terminated
and the Acquisition abandoned at any time prior to the Closing: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          by
mutual agreement of all of the Shareholders and the Purchaser;  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>43 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          by
the Purchaser or all of the Shareholders if: (i) the Closing has not occurred
          before 5:00 p.m. (Eastern Time) on October 31, 2004 (provided, however, that
the           right to terminate this Agreement under this Section 8.1(b)(i) shall not be
          available to any party whose failure, or the failure of any of such party&#146;s
          Subsidiaries or Affiliates, to fulfill any obligation hereunder has been the
          cause of, or resulted in the failure of the Closing to occur on or before such
          date); (ii) there shall be a final nonappealable Order of a federal or state
          court in effect preventing consummation of the Acquisition; or (iii) there
shall           be any Law or Order enacted, promulgated or issued by any Governmental or
          Regulatory Authority that would make consummation of the Acquisition illegal;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          by
the Purchaser if there shall be any Law or Order enacted, promulgated or           issued
or deemed applicable to the Acquisition, by any Governmental or           Regulatory
Authority, which would: (i) prohibit the Purchaser&#146;s ownership           or
operation of all or any portion of the business of the Company or (ii) compel
          the Purchaser to dispose of or hold separate all or any portion of the Assets
          and Properties of the Company as a result of the Acquisition;  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          by
the Purchaser if it is not in material breach of its representations,
          warranties, covenants and agreements under this Agreement and there has been a
          material breach of any representation, warranty, covenant or agreement
contained           in this Agreement on the part of the Company and (i) the Company is
not using           its commercially reasonable efforts to cure such breach, or has not
cured such           breach within thirty (30) days, after notice of such breach to the
Company           (provided, however, that, no cure period shall be available for a
breach which           by its nature cannot be cured) and (ii) as a result of such breach
any of the           conditions set forth in Section 6.1 or Section 6.3, as the case may
be, would           not be satisfied prior to the date specified in Section 8.1(b)(i);
and  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          by
all of the Shareholders if none of them is in material breach of his
          representations, warranties, covenants and agreements under this Agreement and
          there has been a material breach of any representation, warranty, covenant or
          agreement contained in this Agreement on the part of the Purchaser and (i) the
          Purchaser is not using its commercially reasonable efforts to cure such breach,
          or has not cured such breach within thirty (30) days, after notice of such
          breach to the Purchaser (provided, however, that no cure period shall be
          available for a breach which by its nature cannot be cured), and (ii) as a
          result of such breach any of the conditions set forth in Section 6.1 or Section
          6.2, as the case may be, would not be satisfied as of the date specified in
          Section 8.1(b)(i).  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2
<U>Effect of Termination</U>. In the event of a valid termination of this Agreement as
provided in Section 8.1, this Agreement shall forthwith become void and there shall be no
liability or obligation on the part of the Purchaser, the Shareholders or the Company, or
their respective officers, directors or stockholders or Affiliates or Associates;
provided, however, that each party shall remain liable for any breaches of this Agreement
prior to its termination; and provided further that, the provisions of Sections 5.3, 5.4,
5.5 and 8.2, Article 9 (exclusive of Section 9.3) and the applicable definitions set forth
in Article 10 shall remain in full force and effect and survive any termination of this
Agreement. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>44   </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3
<U>Amendment</U>. This Agreement may be amended by the parties hereto at any time by
execution of an instrument in writing signed on behalf of each of the parties hereto. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.4
<U>Extension; Waiver</U>. At any time prior to the Closing, the Purchaser and the
Shareholders may (but shall not be obligated to), to the extent legally allowed, (a)
extend the time for the performance of any of the obligations of the other party hereto,
(b) waive any inaccuracies in the representations and warranties made to such party
contained herein or in any document delivered pursuant hereto, and (c) waive compliance
with any of the agreements, covenants or conditions for the benefit of such party
contained herein. Any agreement on the part of a party hereto to any such extension or
waiver shall be valid only if set forth in an instrument in writing signed on behalf of
such party. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 9 <BR>MISCELLANEOUS
PROVISIONS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1
<U>Notices</U>. All notices, requests and other communications hereunder must be in
writing and will be deemed to have been duly given only if delivered personally or by
facsimile transmission against facsimile confirmation or mailed by a nationally recognized
overnight courier prepaid, to the parties at the following addresses or facsimile numbers: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
to the Purchaser to: </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
WidePoint
Corporation                   <BR>One Lincoln Centre, Suite 1100                   <BR>Oakbrook
Terrace, IL 60181                   <BR>Facsimile No.: 630.629.7559                   <BR>Attn:
 James T. McCubbin </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
a copy (which shall not constitute notice) to: </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=80% align=center>
<TR VALIGN=Bottom>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Williams Mullen </FONT></TD>
     <TD WIDTH=10% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">and </FONT></TD>
     <TD WIDTH=60% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Foley Lardner, LLP </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">1666 K Street, N.W </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">3000 K Street, N.W. </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Suite 1200 </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Suite 500 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Washington, D.C. 20006 </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Washington, D.C. 20007 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Facsimile No.: 202.293.5939 </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Facsimile No.: 202.672.5399 </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Attn: James A. Blalock III, Esq </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> </FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Attn: Thomas James, Esq. </FONT></TD></TR>
</TABLE>
<BR>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
to the Company: </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
c/o
Daniel E. Turissini                   <BR>11250 Waples Mill Road                   <BR>South
Toser, Suite 210                   <BR>Fairfax, VA 22030                   <BR>Facsimile No.:
202.264.1900 </FONT></TD>
</TR>
</TABLE>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>45 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
a copy (which shall not constitute notice) to: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
McCullough
&amp; Nicholas, PLLC                   <BR>1412 14th Street                   <BR>Suite 200
                  <BR>Washington, D.C. 20005                   <BR>Facsimile No.:  202.264.1900
                  <BR>Attn:  Richard F. Trimber, Esq. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
to the Shareholders: </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Richard
L. Montgomery                   <BR>1736 South Park Court                   <BR>Chesapeake, VA
23320                   <BR>Facsimile No.:  202.264.1900 </FONT></TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Fred
D. Thornton                   <BR>1736 South Park Court                   <BR>Chesapeake, VA
23320                   <BR>Facsimile No.:  202.264.1900  </FONT></TD>
</TR>
</TABLE>
<BR>



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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Daniel
E. Turissini                   <BR>11250 Waples Mill Road                   <BR>South Tower,
Suite 210                   <BR>Fairfax, VA 22030                   <BR>Facsimile No.:
 202.264.1900 </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
a copy (which shall not constitute notice) to: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
McCullough
&amp; Nicholas, PLLC                   <BR>1412 14th Street                   <BR>Suite 200
                  <BR>Washington, D.C. 20005                   <BR>Facsimile No.:  202.264.1900
                 <BR>Attn:  Richard F. Trimber, Esq. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All such notices, requests and other
communications will (a) if delivered personally to the address as provided in this Section
9.1, be deemed given upon delivery, (b) if delivered by facsimile transmission to the
facsimile number as provided for in this Section 9.1, be deemed given upon facsimile
confirmation, and (c) if delivered by overnight courier to the address as provided in this
Section 9.1, be deemed given on the earlier of the first Business Day following the date
sent by such overnight courier or upon receipt (in each case regardless of whether such
notice, request or other communication is received by any other Person to whom a copy of
such notice is to be delivered pursuant to this Section 9.1). Any party from time to time
may change its address, facsimile number or other information for the purpose of notices
to that party by giving notice specifying such change to the other party hereto. </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>46 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2
<U>Entire Agreement</U>. This Agreement (including the Exhibits hereto and the Company
Disclosure Schedule) constitutes the entire Agreement among the parties with respect to
the subject matter hereof and supersedes all prior agreements and understandings, both
written and oral, among the parties with respect to the subject matter hereof (including
specifically, without limitation, the Letter of Intent dated July 7, 2004, by and between
the Company and the Purchaser), except for the Confidentiality Agreements (which shall
continue in full force and effect and shall survive any termination of this Agreement or
the Closing in accordance with their terms, and shall be deemed to have the same effect on
construction or interpretation of this Agreement as if set forth herein). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.3
<U>Further Assurances; Post-Closing Cooperation</U>. At any time or from time to time
after the Closing, each party shall execute and deliver to the other parties such other
documents and instruments, provide such materials and information and take such other
actions as the other party may reasonably request to consummate the transactions
contemplated by this Agreement and otherwise to cause the other party to fulfill its
obligations under this Agreement and the transactions contemplated hereby. Each party
agrees to cooperate in causing the conditions to its obligations to consummate the
Acquisition to be satisfied. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.4
<U>Waiver</U>. Any term or condition of this Agreement may be waived at any time by the
party that is entitled to the benefit thereof, but no such waiver shall be effective
unless set forth in a written instrument duly executed by or on behalf of the party
waiving such term or condition. No waiver by any party of any term or condition of this
Agreement, in any one or more instances, shall be deemed to be or construed as a waiver of
the same or any other term or condition of this Agreement on any future occasion. All
remedies, either under this Agreement or by Law or otherwise afforded, will be cumulative
and not alternative. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.5
<U>Third-Party Beneficiaries</U>. Except for Section 5.10, the terms and provisions of
this Agreement are intended solely for the benefit of each party hereto and their
respective successors or permitted assigns, and it is not the intention of the parties to
confer third-party beneficiary rights, and this Agreement does not confer any such rights,
upon any other Person other than any Person entitled to indemnity under Section 5.10 or
Article 7; provided, that this Section 9.5 shall not be construed to prohibit an action
for consideration which is unpaid at a time when the Purchaser is then obligated to pay
such amounts pursuant to Article 1. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.6
<U>No Assignment; Binding Effect</U>. Neither this Agreement nor any right, interest or
obligation hereunder may be assigned (by operation of law or otherwise) by any party
without the prior written consent of the other party and any attempt to do so will be
void. Subject to the preceding sentence, this Agreement is binding upon, inures to the
benefit of and is enforceable by the parties hereto and their respective successors and
assigns. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>47 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.7
<U>Headings</U>. The headings and table of contents used in this Agreement have been
inserted for convenience of reference only and do not define or limit the provisions
hereof. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.8
<U>Invalid Provisions</U>. If any provision of this Agreement is held to be illegal,
invalid or unenforceable under any present or future Law, and if the rights or obligations
of any party hereto under this Agreement will not be materially and adversely affected
thereby, (a) such provision will be fully severable, (b) this Agreement will be construed
and enforced as if such illegal, invalid or unenforceable provision had never comprised a
part hereof, (c) the remaining provisions of this Agreement will remain in full force and
effect and will not be affected by the illegal, invalid or unenforceable provision or by
its severance herefrom and (d) in lieu of such illegal, invalid or unenforceable
provision, there will be added automatically as a part of this Agreement a legal, valid
and enforceable provision as similar in terms to such illegal, invalid or unenforceable
provision as may be possible. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.9
<U>Governing Law, Submission to Jurisdiction</U>. This Agreement, any Ancillary Agreements
and any other closing documents shall be governed by and construed in accordance with the
laws of the Commonwealth of Virginia as applied to contracts entered into by Virginia
residents and performed entirely in Commonwealth of Virginia, without giving effect to its
principles or rules regarding conflicts of laws, other than such principles directing
application of the laws of Commonwealth of Virginia. Each party hereto irrevocably agrees
that any legal action or proceeding with respect to this Agreement or for recognition and
enforcement of any judgment in respect hereof brought by another party hereto or its
successors or assigns shall be brought and determined by either a state court or federal
court sitting in the Commonwealth of Virginia and each party hereto hereby irrevocably
submits with regard to any such action or proceeding for itself and in respect to its
property, generally and unconditionally, to the nonexclusive jurisdiction of the aforesaid
courts. Each party hereto hereby irrevocably waives, and agrees not to assert, by way of
motion, as a defense, counter claim or otherwise, in any action or proceeding with respect
to this Agreement, (a) any claim that it is not personally subject to the jurisdiction of
the above-named courts for any reason other than the failure to serve process in
accordance with this Section 9.9, (b) that it or its property is exempt or immune from
jurisdiction of any such court or from any legal process commenced in such courts (whether
through service of notice, attachment prior to judgment, attachment in aid of execution of
judgment, execution of judgment or otherwise), and (c) to the fullest extent permitted by
applicable law, that (i) the suit, action or proceeding in any such court is brought in an
inconvenient forum, (ii) the venue of such suit, action or proceeding is improper and
(iii) this Agreement, or the subject matter hereof, may not be enforced in or by such
courts. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.10
<U>WAIVER OF TRIAL BY JURY</U>. IN ANY ACTION OR PROCEEDING ARISING HEREFROM, THE PARTIES
HERETO CONSENT TO TRIAL WITHOUT A JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT
BY ANY PARTY HERETO AGAINST THE OTHER OR THEIR SUCCESSORS IN RESPECT OF ANY MATTER ARISING
OUT OF OR IN CONNECTION WITH THIS AGREEMENT, REGARDLESS OF THE FORM OF ACTION OR
PROCEEDING. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>48 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.11
<U>Construction</U>. The parties hereto agree that this Agreement is the product of
negotiation between sophisticated parties and individuals, all of whom were represented by
counsel, and each of whom had an opportunity to participate in and did participate in, the
drafting of each provision hereof. Accordingly, ambiguities in this Agreement, if any,
shall not be construed strictly or in favor of or against any party hereto but rather
shall be given a fair and reasonable construction without regard to the rule of contra
proferentem. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.12
<U>Counterparts</U>. This Agreement may be executed in any number of counterparts, each of
which will be deemed an original, but all of which together will constitute one and the
same instrument. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.13
<U>Specific Performance</U>. The parties hereto agree that irreparable damage would occur
in the event that any of the provisions of this Agreement were not performed in accordance
with their specific terms or were otherwise breached. Notwithstanding Section 9.9, it is
agreed that the parties shall be entitled to an injunction or injunctions to prevent
breaches of this Agreement and to enforce specifically the terms and provisions hereof in
any court of the United States or any state having jurisdiction, this being in addition to
any other remedy to which they are entitled at law or in equity. Nothing in Article 7
shall be construed or interpreted to limit this Section 9.13. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 10<BR>DEFINITIONS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1
      <U>Definitions</U>.  As used in this  Agreement,  the  following  defined  terms shall
have the meanings  indicated below:  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;2004
Stock Consideration&#148; means the portion of the shares of Purchaser Stock included in
the Maximum Stock Consideration that are released from the Escrow Agreement and delivered
to the Shareholders pursuant to Section 1.4(a)(ii) hereof in the amount determined
pursuant to Section 1.4(c) hereof. The 2004 Stock Consideration shall be released and
delivered to each Shareholder in the proportion that the total number of shares of
Purchaser Stock included in the Maximum Stock Consideration and designated in such
Shareholder&#146;s name bears to total number of shares of Purchaser Stock included in the
Maximum Stock Consideration. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;2005
Stock Consideration&#148; means the portion of the shares of Purchaser Stock included in
the Maximum Stock Consideration that are released from the Escrow Agreement and delivered
to the Shareholders pursuant to Section 1.4(a)(iii)(x) hereof  in
the amount determined pursuant to Section 1.4(d)(i) hereof. The 2005 Stock Consideration
shall be released and delivered to each Shareholder in the proportion that the total
number of shares of Purchaser Stock included in the Maximum Stock Consideration and
designated in such Shareholder&#146;s name bears to total number of shares of Purchaser
Stock included in the Maximum Stock Consideration. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Acquisition
Consideration&#148; is defined in Section 1.4(a)(iv) hereof. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>49 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Actions
or Proceedings&#148; means any action, suit, complaint, subpoena, petition, investigation,
proceeding, arbitration, mediation, litigation or Governmental or Regulatory Authority
investigation, audit, document request or other proceeding, whether civil or criminal, in
law or in equity, or before any arbitrator or Governmental or Regulatory Authority. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Actual
Stock Consideration&#148; means the sum of the 2004 Stock Consideration and the 2005 Stock
Consideration. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Affiliate&#148;
means, as applied to any Person, any other Person directly or indirectly controlling,
controlled by or under common control with, that Person. For the purposes of this
definition, &#147;control&#148; (including with correlative meanings, the terms
&#147;controlling&#148;, &#147;controlled by&#148;, and &#147;under common control
with&#148;) as applied to any Person, means the possession, directly or indirectly, of the
power to direct or cause the direction of the management and policies of that Person,
whether through ownership of voting securities or by contract or otherwise. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Aggregate
Closing Consideration&#148; is defined in Section 1.4(a)(i)(x) hereof. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Agreement&#148;
means this Stock Purchase Agreement, including (unless the context otherwise requires) the
Exhibits, the Company Disclosure Schedule and the certificates and instruments delivered
in connection herewith, or incorporated by reference, as the same may be amended or
supplemented from time to time in accordance with the terms hereof. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Approval&#148;
means any approval, authorization, consent, novation, permit, qualification or
registration, or any waiver of any of the foregoing, required to be obtained from or made
with, or any notice, statement or other communication required to be filed with or
delivered to, any Governmental or Regulatory Authority or any other Person. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Assets
and Properties&#148; of any Person means all assets and properties of every kind, nature,
character and description (whether real, personal or mixed, whether tangible or
intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever
situated), including the goodwill related thereto, operated, owned, licensed or leased by
such Person, including cash, cash equivalents, Investment Assets, accounts and notes
receivable, chattel paper, documents, instruments, general intangibles, real estate,
equipment, inventory, goods and Intellectual Property. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Associate&#148;
means, with respect to any Person, any corporation or other business organization of which
such Person is an officer or partner or is the beneficial owner, directly or indirectly,
of ten percent (10%) or more of any class of equity securities, any trust or estate in
which such Person has a substantial beneficial interest or as to which such Person serves
as a trustee or in a similar capacity and any relative or spouse of such Person, or any
relative of such spouse, who has the same home as such Person. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Books
and Records&#148; means all files, documents, instruments, papers, books and records
relating to the Business or Condition of the Company, including, without limitation,
financial statements, internal reports, Tax Returns and related work papers and letters
from accountants, budgets, pricing guidelines, ledgers, journals, deeds, title policies,
minute books, stock certificates and books, stock transfer ledgers, Contracts, Licenses,
customer lists, computer files and programs (including data processing files and records),
retrieval programs, operating data and plans and environmental studies and plans,
excluding, however, in all cases any materials that contain any confidential information
of any third party (other than the Company) that is restricted by agreement or applicable
law from being disclosed to the Purchaser and/or Persons. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>50 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Business
Combination&#148; means, with respect to any Person, (a) any merger, consolidation, share
exchange, reorganization or other business combination transaction to which such Person is
a party, (b) any sale, or other disposition of all or substantially all of the capital
stock or other equity interests of such Person (except for issuances of common stock upon
conversion of preferred stock outstanding on the date hereof or the exercise of options or
warrants outstanding on the date hereof or issued in accordance with this Agreement), (c)
any tender offer (including a self tender), exchange offer, recapitalization,
restructuring, liquidation, dissolution or similar or extraordinary transaction, (d) any
sale, dividend or other disposition of all or a substantial portion of the Assets and
Properties of such Person (including by way of exclusive license or joint venture
formation) other than sales of inventory and the granting of licenses in the ordinary
course of such Person&#146;s business and consistent with past practice, or (e) the
entering into of any agreement or understanding, the granting of any rights or options, or
the acquiescence of such Person, to do any of the foregoing. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Business
Day&#148; means a day other than Saturday, Sunday or any day on which banks located in the
State of New York are authorized or obligated to close. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Business
or Condition of the Purchaser&#148; means the business, condition (financial or
otherwise), results of operations, prospects or Assets and Properties of the Purchaser and
its Subsidiaries, considered in the aggregate. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Business
or Condition of the Company&#148; means the business, condition (financial or otherwise),
results of operations, prospects or Assets and Properties of the Company, considered in
the aggregate. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Company
Common Stock&#148; is defined in Section 2.3(a) hereof. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Company Disclosure
Schedule&#148; means the schedules delivered to the Purchaser by or on behalf of the
Company in connection with the execution of this Agreement, containing all lists,
descriptions, exceptions and other information and materials as are required to be
included therein in connection with the representations and warranties made by the Company
in Article 2 or otherwise. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Company
Intellectual Property&#148; shall mean any Intellectual Property that (a) is owned by the
Company; (b) is licensed to Company; or (c) is used in or necessary for the conduct of the
business of the Company as presently conducted. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>51 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Company
Options&#148; means any Option to purchase or otherwise acquire Company Common Stock. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Company Registered
Intellectual Property&#148; means all Registered Intellectual Property owned by the
Company. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Company&#146;s
2004 Revenue&#148; means the amount of the gross revenues of the Company for the twelve
months ending December 31, 2004, as determined in accordance with GAAP and in a manner
consistent with the determination of gross revenues of the Company for the twelve months
ended December 31, 2003 set forth in the Company Financials. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Contingent
Earnout Payment&#148; means the lesser of (i) Two Million Dollars ($2,000,000) and (ii)
fifty percent (50%) of the Company&#146;s EBITDA above Four Million Five Hundred Thousand
Dollars ($4,500,000) for the two (2) year period ending December 31, 2006, adjusted for
such period to exclude the benefit of any capitalized expenses related to Version 2 of the
Company&#146;s External Certificate Authority Software. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Contract&#148;
means any note, bond, mortgage, contract, license, lease, sublease, covenant, commitment,
power of attorney, proxy, indenture, or other agreement or arrangement, oral or written,
including any Government Contract. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Corporate
Flow Downs&#148; means all expenses incurred by the Purchaser after the date of the
Closing that are (i) unrelated to the operation of the Company and (ii) are either
assigned to the Company by the Purchaser or paid by the Company on behalf of the
Purchaser. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Deferred
Cash Payment&#148; means the aggregate amount paid to the Shareholders pursuant to Section
1.4 (a)(iii)(x) of this Agreement. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;EBITDA&#148;
means, for any specified period, the earnings before interest, taxes, depreciation and
amortization of the Company as calculated by the Company and the Purchaser&#146;s
independent auditors in accordance with GAAP consistently applied; provided, however, that
solely for purposes of calculating EBITDA of the Company under this Agreement, (i) the
Purchaser&#146;s acquisition or pre-closing integration costs, (ii) the Company&#146;s
post-Closing integration costs, and (iii) any Corporate Flow Downs shall be disregarded
and have no effect on the amount so calculated. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Environmental
Law&#148; means any federal, state, local or foreign environmental, health and safety or
other Law relating to of Hazardous Materials, including the Comprehensive, Environmental
Response Compensation and Liability Act, the Clean Air Act, the Federal Water Pollution
Control Act, the Solid Waste Disposal Act, the Federal Insecticide, Fungicide and
Rodenticide Act, and the California Safe Drinking Water and Toxic Enforcement Act. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Equity
Equivalents&#148; means securities (including Options to purchase any shares of Company
Common Stock) which, by their terms, are or may be exercisable, convertible or
exchangeable for or into common stock, preferred stock or other securities at the election
of the holder thereof. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>52 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Escrow
Agent&#148; means Williams Mullen, in its capacity as escrow agent under the Escrow
Agreement. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Escrow
Agreement&#148; means that certain agreement by and among the Shareholders, the Purchaser
and the Escrow Agent, substantially in the form attached hereto as Exhibit A, pursuant to
which the Maximum Stock Consideration shall be held and the Actual Stock Consideration
shall be released and delivered to the Shareholders in accordance with Sections 1.4(a)(ii)
and 1.4(a)(iii)(x) hereof. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;GAAP&#148;
means, with respect to the preparation, determination or calculation of any financial
information, generally accepted accounting principles in the United States, as in effect
at the time of such preparation, determination or calculation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Government
Contract&#148; means any Contract to which the Company is a party with any Governmental or
Regulatory Authority or any Contract to which the Company is a party that is a subcontract
(at any tier) with another Person that holds either a prime contract with any Governmental
or Regulatory Authority or a subcontract (at any tier) under such a prime contract. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Governmental
or Regulatory Authority&#148; means any court, tribunal, arbitrator, authority, agency,
bureau, board, commission, department, official or other instrumentality of the United
States, any foreign country or any domestic or foreign state, county, city or other
political subdivision, and shall include any stock exchange, quotation service and the
National Association of Securities Dealers. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Hazardous
Material&#148; means (a) any chemical, material, substance or waste including, containing
or constituting petroleum or petroleum products, solvents (including chlorinated
solvents), nuclear or radioactive materials, asbestos in any form that is or could become
friable, radon, lead-based paint, urea formaldehyde foam insulation or polychlorinated
biphenyls, (b) any chemicals, materials, substances or wastes which are now defined as or
included in the definition of &#147;hazardous substances,&#148; &#147;hazardous
wastes,&#148; &#147;hazardous materials,&#148; &#147;extremely hazardous wastes,&#148;
&#147;restricted hazardous wastes,&#148; &#147;toxic substances,&#148; &#147;toxic
pollutants&#148; or words of similar import under any Environmental Law; or (c) any other
chemical, material, substance or waste which is regulated by any Governmental or
Regulatory Authority or which could constitute a nuisance. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Indebtedness&#148;
of any Person means all obligations of such Person (a) for borrowed money, (b) evidenced
by notes, bonds, debentures or similar instruments, (c) for the deferred purchase price of
goods or services (other than trade payables or accruals incurred in the ordinary course
of business), (d) under capital leases classified as such under GAAP and (e) in the nature
of guarantees of the obligations described in clauses (a) through (d) above of any other
Person. </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>53 </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Intellectual
Property&#148; means all trademarks and trademark rights, trade names and trade name
rights, service marks and service mark rights, service names and service name rights,
patents and patent rights, utility models and utility model rights, copyrights, mask work
rights, brand names, trade dress, product designs, product packaging, business and product
names, logos, slogans, rights of publicity, trade secrets, inventions (whether patentable
or not), invention disclosures, improvements, processes, formulae, industrial models,
processes, designs, specifications, technology, methodologies, computer software
(including all source code and object code), firmware, development tools, flow charts,
annotations, all Web addresses, sites and domain names, all data bases and data
collections and all rights therein, any other confidential and proprietary right or
information, whether or not subject to statutory registration, and all related technical
information, manufacturing, engineering and technical drawings, know-how and all pending
applications for and registrations of patents, utility models, trademarks, service marks
and copyrights, and the right to sue for past infringement, if any, in connection with any
of the foregoing, and all documents, disks, records, files and other media on which any of
the foregoing is stored. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Internal
Revenue Code&#148; means the Internal Revenue Code of 1986, as amended, and the rules and
regulations promulgated thereunder. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Investment
Assets&#148; means all debentures, notes and other evidences of Indebtedness, stocks,
securities (including rights to purchase and securities convertible into or exchangeable
for other securities), interests in joint ventures and general and limited partnerships,
mortgage loans and other investment or portfolio assets. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Law&#148;
or &#147;Laws&#148; means any law, statute, order, decree, consent decree, judgment, rule,
regulation, ordinance or other pronouncement having the effect of law whether in the
United States, any foreign country, or any domestic or foreign state, county, city or
other political subdivision or of any Governmental or Regulatory Authority. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Liabilities&#148;
means all Indebtedness, obligations and other liabilities of a Person, whether absolute,
accrued, contingent (or based upon any contingency), known or unknown, fixed or otherwise,
or whether due or to become due. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;License&#148;
means any Contract that grants a Person the right to use or otherwise enjoy the benefits
of any Intellectual Property (including any covenants not to sue with respect to any
Intellectual Property). </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR"  -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Liens&#148;
means any mortgage, pledge, assessment, security interest, lease, lien, easement, license,
covenant, condition, restriction, adverse claim, levy, charge, option, equity, adverse
claim or restriction or other encumbrance of any kind, or any conditional sale Contract,
title retention Contract or other Contract to give any of the foregoing, except for any
restrictions on transfer generally arising under any applicable federal or state
securities law. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Losses&#148;
is defined in Section 7.2. </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>54 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Maximum
Stock Consideration&#148; means Five Million Five Hundred Fifty-Five Thousand Five Hundred
and Fifty-six (5,555,556) shares (computed by dividing Two Million Five Hundred Thousand
Dollars ($2,500,000) by Forty-five Cents ($0.45)) of Purchaser Stock delivered to the
Escrow Agent pursuant to Section 1.4(a)(i)(y). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Net
Working Capital&#148; means the total net cash, accounts receivable (other than accounts
receivable listed in Section 2.25 of the Company Disclosure Schedule or which are
otherwise overdue by more than sixty (60) days) and other current assets of the Company
<I>minus</I> accounts payable and other current liabilities of the Company. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Option&#148;
with respect to any Person means any security, right, subscription, warrant, option,
&#147;phantom&#148; stock right or other Contract that gives the right to (a) purchase or
otherwise receive or be issued any shares of capital stock or other equity interests of
such Person or any security of any kind convertible into or exchangeable or exercisable
for any shares of capital stock or other equity interests of such Person or (b) receive
any benefits or rights similar to any rights enjoyed by or accruing to the holder of
shares of capital stock or other equity interests of such Person, including any rights to
participate in the equity, income or election of directors of such Person. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Option
Pool&#148; means that certain pool of incentive stock options to be set aside under the
Purchaser&#146;s Stock Option Plan pursuant to Section 5.14 of this Agreement. The number
of incentive stock options in the Option Pool shall be equal to the result obtained by
dividing $500,000 by the Strike Price. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;ORC
2004 EBITDA&#148; means the Company&#146;s EBITDA for the twelve months ended December 31,
2004, adjusted upward by the amount of the allowable recasted expenses specified on
Schedule 2.7A of the Company Disclosure Schedule. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;ORC
2004 EBITDA Floor&#148; means One Million Six Hundred Thousand Dollars ($1,600,000). </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;ORC 2004
EBITDA Target&#148; means Two Million One Hundred Thousand Dollars ($2,100,000). </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;ORC
2004 EBITDA Deficit&#148; means the amount, if any, by which the ORC EBITDA Target exceeds
ORC 2004 EBITDA. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;ORC
2005 EBITDA&#148; means the Company&#146;s EBITDA for the twelve months ended December 31,
2005. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;ORC
2005 EBITDA Cash Floor&#148; means One Million Nine Hundred Seventy-five Thousand Dollars
($1,975,000). </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>55 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;ORC
2005 EBITDA Floor&#148; means One Million Six Hundred Thousand Dollars ($1,600,000). </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;ORC 2005
EBITDA Target&#148; means Two Million One Hundred Thousand Dollars ($2,100,000). </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Order&#148;
means any writ, judgment, decree, injunction or similar order of any Governmental or
Regulatory Authority (in each such case whether preliminary or final). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Person&#148;
means any natural person, corporation, general partnership, limited partnership, limited
liability company or partnership, proprietorship, other business organization, trust,
union, association or Governmental or Regulatory Authority. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Plan&#148;
mean (a) each of the &#147;employee benefit plans&#148; (as such term is defined in
Section 3(3) of ERISA, of which any of the Company or any member of the same controlled
group of businesses as the Company within the meaning of Section 4001(a)(14) of ERISA (an
&#147;ERISA Affiliate&#148;) is a sponsor or participating employer or as to which the
Company or any of its ERISA Affiliates makes contributions or is required to make
contributions, and (b) any employment, severance or other arrangement or policy of the
Company or any of its ERISA Affiliates (whether written or oral) providing for health,
life, vision or dental insurance coverage (including self-insured arrangements),
workers&#146; compensation, disability benefits, supplemental unemployment benefits,
vacation benefits or retirement benefits, fringe benefits, or for profit sharing, deferred
compensation, bonuses, stock options, stock appreciation or other forms of incentive
compensation or post-retirement insurance, compensation or benefits. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Purchaser
Stock&#148; means the common stock of the Purchaser, par value $0.001 per share. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Purchaser&#146;s
Stock Option Plan&#148; means the 1997 Stock Incentive Plan of the Company, as amended
from time to time, pursuant to which up to 3,000,000 shares of common stock have been
reserved for issuance as incentive awards to employees, officers, directors and
consultants of the Company or its affiliates. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Receivables
Holdback&#148; is defined in Section 1.5(a). </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Registered
Intellectual Property&#148; shall mean all United States, international and foreign: (a)
patents and patent applications (including provisional applications); (b) registered
trademarks and service marks, applications to register trademarks and servicemarks,
intent-to-use applications, or other registrations or applications to trademarks or
servicemarks; (c) registered copyrights and applications for copyright registration; (d)
any mask work registrations and applications to register mask works; and (e) any other
Intellectual Property that is the subject of an application, certificate, filing,
registration or other document issued by, filed with, or recorded by, any Governmental or
Regulatory Authority. </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>56 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Strike
Price&#148; means either (i) if the Purchaser&#146;s proposed acquisition of another
company for an approximate purchase price of Five Million Dollars ($5,000,000) or more is
completed on or prior to December 31, 2004, $0.55 per share, or (ii) if the Purchaser does
not complete the acquisition of another company for an approximate purchase price of Five
Million Dollars ($5,000,000) or more on or prior to December 31, 2004, $0.45 per share. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Subsidiary&#148;
means any Person in which the Purchaser, as the context requires, directly or indirectly
through Subsidiaries or otherwise, beneficially owns at least fifty percent (50%) of
either the equity interest in, or the voting control of, such Person, whether or not
existing on the date hereof. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Takeover
Statute&#148; means a &#147;fair price,&#148; &#147;moratorium,&#148; &#147;control share
acquisition&#148; or other similar antitakeover statute or regulation enacted under state
or federal laws in the United States, including, without limitation, Section 203 of the
Delaware General Corporation Law. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Tax&#148;
or &#147;Taxes&#148; means (a)&nbsp;any federal, state, local, or foreign income, gross
receipts, license, payroll, employment, excise, severance, stamp, occupation, premium,
windfall profits, environmental (including taxes under Internal Revenue Code
Section&nbsp;59A), customs duties, capital stock, franchise, profits, withholding, social
security (or similar), unemployment, disability, real property, personal property, sales,
use, transfer, registration, value added, alternative or add-on minimum, estimated, or
other tax of any kind whatsoever, including any interest, penalty, or addition thereto,
whether disputed or not, (b)&nbsp;any Liability for the payment of any amounts of the type
described in clause&nbsp;(a) as a result of being a member of an affiliated, consolidated,
combined or unitary group for any taxable period, and (c)&nbsp;any Liability for the
payment of any amounts of the type described in clause&nbsp;(a) or (b) as a result of any
express or implied obligation to indemnify any other Person. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Tax
Returns&#148; means any return, declaration, report, claim for refund, or information
return or statement relating to Taxes, including any schedule or attachment thereto, and
including any amendment thereof. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2
<U>Construction</U>. </FONT></P>


<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Unless
the context of this Agreement otherwise requires, (i) words of any gender
          include each other gender and the neuter, (ii) words using the singular or
          plural number also include the plural or singular number, respectively, (iii)
          the terms &#147;hereof,&#148; &#147;herein,&#148; &#147;hereby&#148; and
          derivative or similar words refer to this entire Agreement as a whole and not
to           any particular Article, Section or other subdivision, (iv) the terms
          &#147;Article&#148; or &#147;Section&#148; or other subdivision refer to the
          specified Article, Section or other subdivision of the body of this Agreement,
          (v) the phrases &#147;ordinary course of business&#148; and &#147;ordinary
          course of business consistent with past practice&#148; refer to the business
and           practice of the Company, (vi) the words &#147;include,&#148;          &#147;includes&#148; and
&#147;including&#148; shall be deemed to be followed by           the phrase &#147;without
limitation,&#148; and (vii) when a reference is made in           this Agreement to
Exhibits, such reference shall be to an Exhibit to this           Agreement unless
otherwise indicated. All accounting terms used herein and not           expressly defined
herein shall have the meanings given to them under GAAP. When           used herein, the
terms &#147;party&#148; or &#147;parties&#148; refer to the           Purchaser, on the
one hand, and the Company (prior to the Closing) and the           Shareholders, on the
other, and the terms &#147;third party&#148; or &#147;third           parties&#148; refers
to Persons other than the Purchaser, the Company or the           Shareholders.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>57 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          When
used herein, the phrase &#147;to the knowledge of&#148; any Person or           &#147;known
to&#148; any Person, means (i) with respect to any Person who is an           individual,
the actual knowledge of such Person, (ii) with respect to any other           Person, the
actual knowledge of the directors and officers of such Person and           other
individuals that have a similar position or have similar powers and duties           as
the officers and senior management of such Person, and (iii) in the case of
          each of (i) and (ii), the knowledge of facts that such individuals should have
          after due inquiry. For this purpose, &#147;due inquiry&#148; with respect to
any           matter means inquiry of and consultations with (A) the directors and
officers of           such Person and other individuals that have a similar position or
have similar           powers and duties as such officers and directors, (B) other
employees of and the           advisors to such Person, including legal counsel and
outside auditors, who have           principal responsibility for the matter in question
or are otherwise likely to           have information relevant to the matter, and (C) the
stockholders owning more           than ten percent (10%) of the equity interests, by
vote or value, of such           Person.  </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[SIGNATURE PAGE
FOLLOWS] </FONT></H1>

<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>58 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN
WITNESS WHEREOF, the Purchaser, the Company and the Shareholders, have caused this
Agreement to be signed by their duly authorized representatives, all as of the date first
written above. </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>WIDEPOINT CORPORATION</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By: ________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Name: Steve L. Komar</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Title: CEO</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>OPERATIONAL RESEARCH CONSULTANTS, INC.</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By: ________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Name: Fred D. Thornton</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Title: Chairman of the Board</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>_______________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>RICHARD L. MONTGOMERY</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>_______________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>FRED D. THORNTON</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>_______________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>DANIEL E. TURISSINI</B></FONT></TD></TR>
</TABLE>





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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBITS AND COMPANY
DISCLOSURE SCHEDULE </FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Exhibits</U> </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=15% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit A</FONT></TD>
     <TD WIDTH=85% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form of Escrow Agreement</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit B</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Legal Opinion</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit C</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Non-Competition Agreement</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit D</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Employment Agreement</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit E</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consulting and Non-Competition Agreement</FONT></TD></TR>
</TABLE>
<BR>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Company Disclosure
Schedule</U> </FONT></P>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=20% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1.4(a)(i)(x)</FONT></TD>
     <TD WIDTH=80% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Aggregate Closing Amount Allocation</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1.4(a)(i)(y)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Instructions for Designation of Maximum Stock Consideration</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1.4(a)(iii)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Deferred Cash Payment Allocation</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1.4(a)(iv)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Contingent Earnout Payment Allocation</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.1</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Jurisdictions</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.3(b)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shareholders</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.5</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Directors and Officers</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.6 (c)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Conflicts and Consents</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.7</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Company Financials</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.7A</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Allowable Recasted Expenses for Fiscal 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.9</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Absence of Changes</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.10</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Material Liabilities</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.12</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Legal Proceedings</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.12(d)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>History of Actions and Proceedings</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.14(a)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Plans</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.14(b)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Plan Payments and Benefits</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.15(a)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Leased Real Property</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.15(b)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Default Under Lease Documents</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.15(c)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Leased Real Property Improvements</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.16</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Tangible Personal Property and Liens</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(a)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registered Intellectual Property</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(f)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Intellectual Property Contracts and Licenses</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(g)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Intellectual Property Obligations and Liabilities</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(h)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Intellectual Property Violations</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(i)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Maintenance of Registered Intellectual Property</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(l)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Protection of Confidential Information and Trade Secrets</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(p)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Software, Freeware and Shareware</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(r)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Protection of Intellectual Property Developed by Consultants</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.18(a)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Contracts</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.18(b)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Contract Violations</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.18(c)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Contract Termination and Restrictive Covenants</FONT></TD></TR>
</TABLE>





<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 35; page: 35" -->
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<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=20% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=80% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.19(a)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Government Contracts</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.19(o)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Government Contract Employees</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.20</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Insurance Policies</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.21(a)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Affiliate Transactions</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.21(b)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Unfavorable Terms of Affiliate Transactions</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.22(b)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Officers, Employees, Independent Contractors and Consultants</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.24</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Largest Customers and Suppliers</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.25</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Accounts Receivable</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.26</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Inventory</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.27</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Brokers and Third Party Expenses</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.28</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bank Accounts and Investment Assets</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.29(a)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Warranty Obligations</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.29(b)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Deviations from and Reserves for Warranty Obligations</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.33(a)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Approvals of Governmental and Regulatory Authorities</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.33(b)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Other Approvals</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.33(c)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Approval Noncompliance</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2A.6</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shareholder Interests in Competitors and Suppliers</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 6.3(f)</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Key Employees</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 7.2</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Litigation Covered by Shareholder Indemnification</FONT></TD></TR>
</TABLE>



<!-- MARKER PAGE="sheet: 88; page: 88" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT A </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form of Escrow Agreement </FONT></P>


<!-- MARKER PAGE="sheet: 89; page: 89" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT B </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Legal Opinion </FONT></P>


<!-- MARKER PAGE="sheet: 90; page: 90" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT C </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Non-Competition
Agreement </FONT></P>


<!-- MARKER PAGE="sheet: 91; page: 91" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT D </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Employment Agreement </FONT></P>


<!-- MARKER PAGE="sheet: 92; page: 92" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT E </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consulting and
Non-Competition Agreement </FONT></P>


<!-- MARKER PAGE="sheet: 93; page: 93" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1.4(a)(i)(x) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Aggregate Closing
Amount Allocation </FONT></P>


<!-- MARKER PAGE="sheet: 94; page: 94" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1.4(a)(i)(y) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Instructions for
Designation of Maximum Stock Consideration </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1.4(a)(iii) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Deferred Cash Payment
Allocation </FONT></P>


<!-- MARKER PAGE="sheet: 95; page: 95" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 1.4(a)(iv) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Contingent Earnout
Payment Allocation </FONT></P>


<!-- MARKER PAGE="sheet: 96; page: 96" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.1 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Jurisdictions </FONT></P>


<!-- MARKER PAGE="sheet: 97; page: 97" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.3(b) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shareholders </FONT></P>


<!-- MARKER PAGE="sheet: 98; page: 98" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.5 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Directors and Officers </FONT></P>


<!-- MARKER PAGE="sheet: 99; page: 99" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.6(c) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Conflicts and Consents </FONT></P>


<!-- MARKER PAGE="sheet: 100; page: 100" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.7 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Company Financials </FONT></P>


<!-- MARKER PAGE="sheet: 101; page: 101" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.9 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Absence of Changes </FONT></P>


<!-- MARKER PAGE="sheet: 102; page: 102" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.10 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Material Liabilities </FONT></P>


<!-- MARKER PAGE="sheet: 103; page: 103" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.12 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Legal Proceedings </FONT></P>


<!-- MARKER PAGE="sheet: 104; page: 104" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.12(d) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>History of Actions and
Proceedings </FONT></P>


<!-- MARKER PAGE="sheet: 105; page: 105" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.14(a) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Plans </FONT></P>


<!-- MARKER PAGE="sheet: 106; page: 106" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.14(b) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Plan Payments and
Benefits </FONT></P>


<!-- MARKER PAGE="sheet: 107; page: 107" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.15(a) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Leased Real Property </FONT></P>


<!-- MARKER PAGE="sheet: 108; page: 108" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.15(b) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Default Under Lease
Documents </FONT></P>


<!-- MARKER PAGE="sheet: 109; page: 109" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.15(c) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Leased Real Property
Improvements </FONT></P>


<!-- MARKER PAGE="sheet: 110; page: 110" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.16 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Tangible Personal
Property and Liens </FONT></P>


<!-- MARKER PAGE="sheet: 111; page: 111" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(a) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registered Intellectual
Property </FONT></P>


<!-- MARKER PAGE="sheet: 112; page: 112" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(f) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Intellectual Property
Contracts and Licenses </FONT></P>


<!-- MARKER PAGE="sheet: 113; page: 113" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(g) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Intellectual Property Obligations
and Liabilities </FONT></P>


<!-- MARKER PAGE="sheet: 114; page: 114" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(h) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Intellectual Property
Violations </FONT></P>


<!-- MARKER PAGE="sheet: 115; page: 115" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(i) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Maintenance of
Registered Intellectual Property </FONT></P>


<!-- MARKER PAGE="sheet: 116; page: 116" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(l) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Protection of
Confidential Information and Trade Secrets </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(p) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Software, Freeware and
Shareware </FONT></P>


<!-- MARKER PAGE="sheet: 118; page: 118" -->
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.17(r) </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Protection of
Intellectual Property Developed by Consultants </FONT></P>


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<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.18(a) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Contracts </FONT></P>


<!-- MARKER PAGE="sheet: 120; page: 120" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.18(b) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Contract Violations </FONT></P>


<!-- MARKER PAGE="sheet: 121; page: 121" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.18(c) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Contract Termination
and Restrictive Covenants </FONT></P>


<!-- MARKER PAGE="sheet: 122; page: 122" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.19(a) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Government Contracts </FONT></P>


<!-- MARKER PAGE="sheet: 123; page: 123" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.19(o) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Government Contract
Employees </FONT></P>


<!-- MARKER PAGE="sheet: 124; page: 124" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.20 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Insurance Policies </FONT></P>


<!-- MARKER PAGE="sheet: 125; page: 125" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.21(a) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Affiliate Transactions </FONT></P>


<!-- MARKER PAGE="sheet: 126; page: 126" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.21(b) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Unfavorable Terms of
Affiliate Transactions </FONT></P>


<!-- MARKER PAGE="sheet: 127; page: 127" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.22(b) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Officers, Employees, Independent
Contractors and Consultants </FONT></P>


<!-- MARKER PAGE="sheet: 128; page: 128" -->
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.24 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Largest Customers and
Suppliers </FONT></P>


<!-- MARKER PAGE="sheet: 129; page: 129" -->
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.25 </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Accounts Receivable </FONT></P>


<!-- MARKER PAGE="sheet: 130; page: 130" -->
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.26 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Inventory </FONT></P>


<!-- MARKER PAGE="sheet: 131; page: 131" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.27 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Brokers and Third Party
Expenses </FONT></P>


<!-- MARKER PAGE="sheet: 132; page: 132" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.28 </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bank Accounts and
Investment Assets </FONT></P>


<!-- MARKER PAGE="sheet: 133; page: 133" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.29(a) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Warranty Obligations </FONT></P>


<!-- MARKER PAGE="sheet: 134; page: 134" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.29(b) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Deviations from and
Reserves for Warranty Obligations </FONT></P>


<!-- MARKER PAGE="sheet: 135; page: 135" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.33(a) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Approvals of
Governmental and Regulatory Authorities </FONT></P>


<!-- MARKER PAGE="sheet: 136; page: 136" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.33(b) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Other Approvals </FONT></P>


<!-- MARKER PAGE="sheet: 137; page: 137" -->
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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2.33(c) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Approval Noncompliance </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 2A.6 </FONT></H1>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Shareholder Interests
in Competitors and Suppliers </FONT></P>


<!-- MARKER PAGE="sheet: 139; page: 139" -->
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 6.3(f) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Key Employees </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 7.2 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Litigation Covered by Shareholder
Indemnification </FONT></P>


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