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<SEC-DOCUMENT>0000897069-08-000057.txt : 20080108
<SEC-HEADER>0000897069-08-000057.hdr.sgml : 20080108
<ACCEPTANCE-DATETIME>20080108164547
ACCESSION NUMBER:		0000897069-08-000057
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20080102
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080108
DATE AS OF CHANGE:		20080108

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
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33035
		FILM NUMBER:		08518211

	BUSINESS ADDRESS:	
		STREET 1:		ONE LINCOLN CENTER
		CITY:			OAKBROOK TERRACE
		STATE:			IL
		ZIP:			60181
		BUSINESS PHONE:		630-629-0003

	MAIL ADDRESS:	
		STREET 1:		ONE LINCOLN CENTER
		CITY:			OAKBROOK TERRACE
		STATE:			IL
		ZIP:			60181

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ZMAX CORP
		DATE OF NAME CHANGE:	19970530
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>cmw3201.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED
STATES<BR>SECURITIES AND EXCHANGE COMMISSION  <BR>WASHINGTON, D.C. 20549  </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM 8-K </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CURRENT REPORT <BR>Pursuant to Section 13
or 15(d) of the <BR>Securities Exchange
Act of 1934 </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date of Report (Date
of earliest event reported): January 2, 2008 </FONT></H1>

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     <P ALIGN=CENTER>_________________ </P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>WIDEPOINT CORPORATION</B>
 <BR>(Exact Name of Registrant as Specified in Charter)  </FONT></P>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=33% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>Delaware</B></FONT></TD>
     <TD WIDTH=34% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>000-23967</B></FONT></TD>
     <TD WIDTH=33% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>52-2040275</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>(State or Other Jurisdiction of</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>(Commission File Number)</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>(I.R.S. Employer</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>Incorporation)</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>Identification No.)</FONT></TD></TR>
</TABLE>
<BR>

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<TR VALIGN=Bottom>
     <TD WIDTH=67% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>One Lincoln Centre, Oakbrook Terrace, Illinois</B></FONT></TD>
     <TD WIDTH=33% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>60181</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>(Address of Principal Executive Office)</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>(Zip Code)</FONT></TD></TR>
</TABLE>




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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registrant&#146;s
telephone number, including area code: <B>(630) 629-0003</B> </FONT></P>

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     <HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black NOSHADE>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions: </FONT></P>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[_]  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Written
communications pursuant to Rule 425 under the Securities Act (17 CFR           230.425) </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>[_]  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR           240.14a-12) </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>[_]  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act           (17 CFR
240.14d-2(b)) </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>[_]  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act           (17 CFR
240.13e-4(c)) </FONT></TD>
</TR>
</TABLE>



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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 1.01 Entry into a
Material Definitive 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;On
January 2, 2008, WidePoint Corporation (the &#147;Company&#148;) entered into a Commercial
Loan Agreement with Cardinal Bank relating to a $5,000,000 revolving credit facility and a
$2,000,000 term loan. See the disclosure under Item 2.03 below for a more detailed
description of this financial transaction. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
January 2, 2008, the Company entered into a Membership Interest Purchase Agreement with
iSYS LLC, a Virginia limited liability company (&#147;iSYS&#148;), and Mr. Jin Kang, the
sole owner-member of iSYS, pursuant to which the Company agreed to acquire all the issued
and outstanding membership interests of iSYS from Mr. Kang. The Company issued a press
release on January 2, 2008, announcing that the parties had entered into the Membership
Interest Purchase Agreement. See the disclosure under Item 2.01 below for a more detailed
description of this acquisition transaction. See also the press release filed herewith as
Exhibit 99.1. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 2.01 Completion of
Acquisition or Disposition of Assets. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
January 4, 2008, the Company completed the closing of the acquisition of all the issued
and outstanding membership interests of iSYS from Mr. Jin Kang, the sole owner-member of
iSYS, pursuant to the terms of a Membership Interest Purchase Agreement, dated as of
January 2, 2008, between the Company, iSYS, and Jin Kang. Pursuant to the terms of the
Membership Interest Purchase Agreement, the Company paid Jin Kang the following
consideration at the closing: (i) $5,000,000 in cash, (ii) $2,000,000 principal amount in
an Installment Cash Promissory Note, which bears simple annual interest at the initial
rate of 7% through December 31, 2008, and thereafter the simple interest rate will
increase to 10% from January 1, 2009 through the date of maturity, which will be on the
earlier of either April 1, 2009 or the filing by the Company of its Annual Report on Form
10-K for the year ending December 31, 2008, and (iii) the issuance of 1,500,000 shares of
Company common stock. The Company also issued an additional 3,000,000 shares of Company
common stock in the name of Jin Kang, which shares were delivered into escrow to be held
subject to the satisfaction of certain earnout provisions under the Membership Interest
Purchase Agreement, and which shares are subject to return to the Company in the event
such earnout provisions are not achieved under the terms of the Membership Interest
Purchase Agreement. Under the terms of the Membership Interest Purchase Agreement, Jin
Kang also entered into an Employment and Non-Compete Agreement, dated as of January 4,
2008. For a full description of the terms of this acquisition transaction, see the
Membership Interest Purchase Agreement, Installment Cash Promissory Note, and Employment
and Non-Compete Agreement filed herewith as Exhibits 2.1, 10.1 and 10.2, respectively. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Item 2.03 Creation of a Direct
Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a
Registrant.</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;On
January 2, 2008, the Company entered into a Commercial Loan Agreement with Cardinal Bank
relating to a $5,000,000 revolving credit facility and a $2,000,000 term loan. Advances
under the revolving credit facility will bear interest at a variable rate equal to the
prime rate plus 0.25% and the repayment date for such facility is April 30, 2009. This new
revolving credit facility replaces the Company&#146;s prior $2,000,000 revolving credit
facility with Cardinal Bank. The term loan bears interest at 7.5% annually and the
repayment date of such term loan is January 1, 2012. For a full description of the terms
of the revolving credit facility and the term loan, see the Commercial Loan Agreement,
Security Agreements, Promissory Notes, and Debt Subordination Agreement filed herewith as
Exhibits 10.3, 10.4, 10.5, 10.6, 10.7 and 10.8, respectively. </FONT></P>




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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 3.02 Unregistered
Sales of Equity Securities. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
indicated in Item 2.01 above, the acquisition consideration with respect to the
acquisition by the Company of all the membership interests of iSYS from Jin Kang included
the issuance of a total of 4,500,000 shares of Company common stock (the
&#147;Shares&#148;), of which 1,500,000 Shares were delivered to Jin Kang and with the
balance of 3,000,000 Shares being delivered into escrow pursuant to the terms of the
Membership Interest Purchase Agreement. The Shares have not been registered under the
Securities Act of 1933, as amended (the &#147;Securities Act&#148;). The Shares are exempt
from the registration requirements under the Securities Act pursuant to the &#147;private
offering&#148; exemption under Section 4(2) of the Securities Act. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 9.01 Financial
Statements and Exhibits </FONT></H1>

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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><B>(a)</B>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Financial
Statements of Businesses Acquired</B></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;The
Company will file any financial statements required by Item 9.01(a) by amendment not later
than 71 calendar days after the date that this Current Report on Form 8-K must be filed. </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> <B>(b)</B>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Pro
Forma Financial Information</B> </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;The
Company will file any pro forma financial information required by Item 9.01(b) by
amendment not later than 71 calendar days after the date that this Current Report on Form
8-K must be filed. </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> <B>(d)</B>  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Exhibits</B> </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.1  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Membership
Interest Purchase Agreement, dated as of January 2, 2008, between the Company, iSYS LLC,
and Jin Kang. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.1  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$2,000,000
Installment Cash Promissory Note, dated January 4, 2008, issued by the Company in favor
of Jin Kang. </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>10.2  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Employment
and Non-Compete Agreement, dated as of January 4, 2008, between the Company, iSYS LLC and
Jin Kang. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              10.3  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Commercial
Loan Agreement, dated January 2, 2008, between the Company and Cardinal Bank.</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>10.4  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Security
Agreement, dated January 2, 2008, between the Company and Cardinal Bank. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.5  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$5,000,000
Promissory Note, dated January 2, 2008, issued by the Company in favor of Cardinal Bank. </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>10.6  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Security
Agreement, dated January 2, 2008, between the Company and Cardinal Bank. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.7  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$2,000,000
Promissory Note, dated January 2, 2008, issued by the Company in favor of Cardinal Bank. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10.8  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Debt
Subordination Agreement, dated January 2, 2008, between the Company and Cardinal Bank. </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>99.1  </FONT></TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Press
Release, dated January 2, 2008.</FONT></TD>
</TR>
</TABLE>
<BR>




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

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


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     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WIDEPOINT CORPORATION</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><U>/s/ James T. McCubbin</U></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Date:&nbsp;&nbsp;January 8, 2008</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>James T. McCubbin</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Vice President and Chief Financial Officer</FONT></TD></TR>
</TABLE>



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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-2.1
<SEQUENCE>2
<FILENAME>cmw3201a.htm
<DESCRIPTION>MEMBERSHIP INTEREST PURCHASE AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>

<BR><BR><BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>MEMBERSHIP INTEREST
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>iSYS, LLC </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>JIN KANG </FONT></H1>

<BR>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dated as of January 2,
2008 </FONT></H1>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </FONT></P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>MEMBERSHIP INTEREST
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
MEMBERSHIP INTEREST PURCHASE AGREEMENT, dated as of January 2, 2008 (the &#147;Effective
Date&#148;), is entered into by and among WIDEPOINT CORPORATION,<B> </B>a Delaware
corporation (the &#147;Purchaser&#148;); iSYS, LLC, a Virginia limited liability company
(the &#147;Company&#148;); and Jin Kang, a resident of the Commonwealth of Virginia and is
the sole member of the Company (the &#147;Sole Member&#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
Sole Member owns all of the issued and outstanding membership 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;B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Purchaser desires to purchase and acquire from the Sole Member, and the Sole
          Member desires to sell and transfer to the Purchaser, all of the Company
          Membership Interests (as described in Section 2.3(a) owned by the Sole Member
          immediately prior to the Closing (as defined in Section 1.3), which in the
          aggregate will constitute all of the issued and outstanding Company Membership
          Interests 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 Sole Member 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, and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto intending to be legally bound do hereby
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;&nbsp;&nbsp;&nbsp;<U>Incorporation by Reference</U>.  The
foregoing  introductory  recital  paragraphs are hereby incorporated into this Agreement
as if fully 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;1.2
&nbsp;&nbsp;&nbsp;&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, at the Closing, the Purchaser
shall purchase and acquire from the Sole Member, and the Sole Member shall sell and
transfer to the Purchaser, all Membership Interests in the Company immediately prior to
the Closing for and in exchange of the Acquisition Consideration (as defined in Section
1.4). Following the Closing, the Purchaser shall own all of the issued and outstanding
Membership Interests and any other ownership interests of the Company.  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;1.3
&nbsp;&nbsp;&nbsp;&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 after January<B></B>2, 2008 (the &#147;Closing Date&#148;),
will take place upon satisfaction or waiver of the conditions set forth in Article 6, at
the offices of Foley &amp; Lardner LLP, 3000 K Street, NW, Suite 500, Washington, DC
20007, unless another place or time is mutually agreed to in writing by the Purchaser and
the Sole Member.  </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;&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;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 Sole Member
contained herein, and in exchange for all Membership Interests in the Company at the
Closing, the Purchaser shall pay to the Sole Member the following consideration
(collectively, the &#147;Acquisition Consideration&#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;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purchase
Price Payable at the Closing</U>. The portion of the Acquisition           Consideration
payable by the Purchaser to the Sole Member at the Closing for all           the
Membership Interests, pursuant to all other terms and conditions of this
          Agreement, shall be 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          cash
payable by the Purchaser to the Sole Member at the Closing in the amount of
          Five Million Dollars ($5,000,000.00) (the &#147;Closing Cash
          Consideration&#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;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          cash
payable by the Purchaser to the Sole Member on the earlier of either April           1,
2009 or the business day immediately following the filing by the Purchaser of
          its Annual Report on Form 10-K for the year ending on December 31, 2008, in the
          amount of Two Million Dollars ($2,000,000.00) (the &#147;Installment Cash
          Consideration&#148;), as evidenced by the Installment Cash Note in the form
          attached hereto as Exhibit C (the &#147;Installment Cash Note&#148;); 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;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          One
Million Five Hundred Thousand (1,500,000) privately issued shares of common
          stock of Purchaser (the &#147;Stock Consideration&#148;), which shares shall be
          subject to piggy-back registration rights as described in greater detail in
          Section 6.3(l) 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;<U>Earnout</U>.
The Acquisition Consideration shall also include the right of           the Sole Member
to receive an aggregate of up to an additional Six Million           Dollars
($6,000,000.00) (the &#147;Earnout Amount&#148;) during the four (4)           year
period consisting of the calendar years of 2008, 2009, 2010 and 2011 (with           each
such year being an &#147;Earnout Year&#148; and with the entire 4-year           period
being the &#147;Earnout Period&#148;). The actual portion, if any, of the
          Earnout Amount that the Sole Member may earn in any Earnout Year shall be as
          determined by the formula set forth in greater detail in <U>Exhibit A </U>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;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
calculation of whether any portion of the Earnout Amount, if any, has been
          earned for any Earnout Year shall be measured for such Earnout Year at the time
          of the completion and filing by Purchaser of the audited, consolidated
financial           statements of Purchaser, including the financial results of the
Company as then           owned and controlled by Purchaser, with the United Stated
Securities and           Exchange Commission (&#147;SEC&#148;), all as provided in
greater detail under           Section 1.4(c) below.  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          In
the event any portion of the Earnout Amount is earned by Sole Member for any
          Earnout Year, then fifty percent (50%) of any such Earnout Amount shall be
          payable in cash and fifty percent (50%) of any such Earnout Amount shall be
          payable in privately issued shares of common stock of Purchaser (the
          &#147;Earnout Shares&#148;). The maximum number of whole Earnout Shares shall
          equate to Three Million shares of Purchaser&#146;s common stock, with the value
          of such shares being equal to $1.00 per common 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          At
the Closing, in addition to the shares issued to the Sole Member in           accordance
with Section 1.4(a)(iii), Purchaser shall privately issue in the name           of the
Sole Member the Earnout Shares as determined at closing as further           described in
Section 1.4(b)(ii) above, with such shares being Three Million           shares of
Purchaser common stock (the &#147;Escrow Shares&#148;), which Escrow           Shares
shall be physically delivered to the law firm of Foley &amp; Lardner LLP           (the
&#147;Escrow Agent&#148;), to be held in escrow pursuant to the terms of           the
Escrow Agreement attached hereto as Exhibit B for purposes of the possible
          release of the Escrow Shares as part of the Earnout Shares under the potential
          Earnout Amount that Sole Member may earn during the Earnout Period. The Escrow
          Agreement shall include an irrevocable proxy in which the Sole Member
          irrevocably appoints WidePoint&#146;s then serving Chief Executive Officer and
          Chief Financial Officer as proxies with the sole rights to vote all Escrow
          Shares for as long as such shares are held in escrow under the terms of this
          Agreement. All Escrow Shares shall be subject to piggy-back registration rights
          as described in greater detail in Section 6.3(l) of this Agreement.  </FONT></P>


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


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Earnout
Calculation and Payment</U>. Purchaser shall deliver to Sole Member,           on the
date of the filing by Purchaser of the Purchaser&#146;s Annual Report on           Form
10-K with the SEC after the end of each Earnout Year during the Earnout           Period,
a statement showing in sufficient detail whether any portion of the           Earnout
Amount has been earned by the Sole Member under the terms of the formula           set
forth in greater detail in <U>Exhibit A </U>of this Agreement for that
          applicable Earnout Year, as well as the calculation pursuant to which such
          determination was made (&#147;Earnout Statement&#148;). In the event the
          employment of Jin Kang with the Company is terminated after the Closing and
          during the Earnout Period either by the Company without Cause or by Jin Kang
          with Good Reason, then the Earnout Amount for each remaining Earnout Year,
          including the then current Earnout Year, shall be deemed to have been achieved
          by the Sole Member as of the date such Earnout Amount would have been achieved
          for each such Earnout Year under this Section 1.4(c) and the Earnout Amount for
          the then current Earnout Year and each remaining Earnout Year shall be paid at
          such time or times as it otherwise is required to be paid in accordance with
          provisions of this Agreement. Purchaser and Sole Member shall in good faith
          attempt to agree upon the amount of the earnout payment, if any (the
          &#147;Earnout Payment&#148;), within thirty (30) days after the receipt by Sole
          Member of each Earnout Statement. If the parties are able to agree on the
amount           of the Earnout Payment for a particular Earnout Year during the Earnout
Period,           then Purchaser, directly or through one of its subsidiaries, shall make
the           Earnout Payment within ten (10) business days after the day such agreement
was           reached. In the event of a dispute regarding an Earnout Payment, the
undisputed           portion of the Earnout Payment, if any, shall be paid within ten
(10) business           days after an agreement as to the undisputed portion of an
Earnout Payment is           reached. Any disputed portion of the Earnout Payment shall
be determined, at           Purchaser&#146;s expense, by Purchaser&#146;s independent
accounting firm           (&#147;Purchaser&#146;s Accountants&#148;), and Purchaser shall
deliver the           report of Purchaser&#146;s Accountants on the Earnout Payment (&#147;Earnout
          Report&#148;) to Sole Member within ten (10) business days after the filing by
          Purchaser of the Purchaser&#146;s Annual Report on Form 10-K with the SEC after
          the end of the applicable Earnout Year. Sole Member shall notify Purchaser of
          any objections to the Earnout Report within sixty (60) days after Sole Member
          receives the Earnout Report. If Sole Member does not notify Purchaser of any
          objections to the Earnout Report by the end of that sixty-day period, then the
          Earnout Report, as prepared by Purchaser&#146;s Accountants, shall be
considered           final on the last day of that sixty (60)-day period. If Sole Member
does notify           Purchaser of any objections to the Earnout Report by the end of
that sixty           (60)-day period, and Purchaser and Sole Member are unable to resolve
their           differences (after attempting in good faith to do so) within fifteen (15)
days           thereafter, then the disputed items on the Earnout Report shall be
reviewed, as           soon as reasonably possible, at the expense of Sole Member by the
independent           accounting firm of Sole Member (&#147;Sole Member&#146;s Accountants&#148;).
          Sole Member and Purchaser shall instruct their respective Accountants to, in
          good faith, use reasonable efforts to resolve such disputed items to their
          mutual satisfaction and to deliver a final Earnout Report to Sole Member and
          Purchaser as soon as reasonably possible. If the Sole Member&#146;s Accountants
          and Purchaser&#146;s Accountants are unable to resolve any such disputed items
          within thirty (30) days after receiving such instructions, then the remaining
          disputed items shall be submitted to either (i) one arbitrator as mutually
          agreed upon by each of Sole Member and Purchaser within fifteen (15) days after
          the expiration of the preceding thirty (30)-day period during which the Sole
          Member&#146;s Accountants and Purchaser&#146;s Accountants are unable to
resolve           any such disputed items or (ii) in the event Sole Member and Purchaser
are not           able to mutually agreed upon an arbitrator, then each of Sole Member
and           Purchaser shall select one (1) arbitrator and then those two (2) selected
          arbitrators shall select a third arbitrator, with such three (3) arbitrators to
          then meet promptly thereafter to resolve any disputed portion of such Earnout
          Payment. The decision by such arbitrator(s) shall be binding upon the parties.
          Sole Member and Purchaser shall each pay for fifty percent (50%) of the costs
of           such arbitration. The arbitrator(s) shall be instructed to deliver a final
          Earnout Report to Sole Member and Purchaser as soon as possible, which shall be
          final and binding on the parties. Within fifteen (15) business days after the
          Earnout Report is finalized in accordance with this Section 1.4(c), any unpaid
          portion of the Earnout Payment, if any, shall be paid to Sole Member.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5
&nbsp;&nbsp;&nbsp;&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, then the manager and Sole Member 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 Sole Member
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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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></P>

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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;1.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Purchase
Price Adjustment</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;          Notwithstanding
anything contained in this Agreement to the contrary, the Sole           Member
guarantees that the Company&#146;s adjusted working capital measured as           of the
close of business on the Closing Date (the &#147;Adjusted Working           Capital&#148;)
shall be no less than Two Million Dollars ($2,000,000.00) (the           &#147;Minimum
Working Capital Amount&#148;). Adjusted Working Capital shall be           the current
assets of the Company minus the current liabilities of the Company,           as
determined prior to the Closing by mutual agreement of the parties in
          accordance with GAAP (as defined in Section 2.7) and as adjusted as hereinafter
          provided.  </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;          If,
on the Closing Date, Adjusted Working Capital is less than the Minimum           Working
Capital Amount, then the Sole Member shall promptly make an additional           capital
contribution to the Company in cash in an amount equal to the shortfall
          difference by which the Adjusted Working Capital is less than the Minimum
          Working Capital Amount. The amounts to be determined under this Section 1.6(b)
          shall be based upon estimated financial statements to be prepared by the
          Company, and mutually agreed to by the parties, and thereafter presented to the
          Purchaser at least three (3) business days immediately prior to the Closing
          Date. These estimated financial statements shall be attached hereto as <U>Schedule
1.6(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;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          On
or before February 28, 2007 (the &#147;First Post-Closing Adjustment           Date&#148;),
the Company and its existing independent auditor shall deliver to           the Purchaser
the audited and finalized 2007 Company Financials as described in           Section 7.5
of this Agreement. If, on the First Post-Closing Adjustment Date,           Adjusted
Working Capital measured as of the Closing Date is less than the           Minimum
Working Capital Amount, then the Sole Member shall pay such deficiency           in cash
to the Purchaser. If, on the First Post-Closing Adjustment Date,           Adjusted
Working Capital measured as of the Closing Date is greater than the           Minimum
Working Capital Amount, then the Purchaser shall pay such excess in cash           to the
Sole Member as an increase to the Acquisition Consideration. Any such
          adjustments shall be performed by the parties within fifteen (15) days of the
          First Post-Closing Adjustment 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;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          If,
on the last day of the month in which the date that is<B></B>twelve (12)<B></B>months
after the Closing Date is contained (the &#147;Second Post-Closing           Adjustment
Date&#148;), any accounts receivable reflected in the 2007 Company           Financials
have not been fully collected by the Company as of the Second           Post-Closing
Adjustment Date, the Acquisition Consideration shall be reduced by           the amount
of such deficiency. The Purchaser shall be entitled to reduce the           principal
amount of the Installment Cash Note first by the amount of such           deficiency, and
next to reduce any other portion of the Acquisition           Consideration by any
remaining deficiency, all without limiting the rights of           the Purchaser to seek
and obtain payment from the Sole Member for the amount of           any remaining
deficiency. If the Company or Purchaser subsequently collects any           accounts
receivable that were uncollected as of the Second Post-Closing           Adjustment Date,
the Company and Purchaser shall be entitled to retain any such           collections.  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          In
the event of any adjustment to the Acquisition Consideration is necessary           under
the terms of this Agreement, then the Purchaser shall deliver the           calculation
and determination of any adjustment to the Acquisition Consideration           (the &#147;Adjustment&#148;)
to the Sole Member within fifteen (15) days after           each of the First
Post-Closing Adjustment Date and the Second Post-Closing           Adjustment Date. Such
calculation shall be deemed conclusive and binding on the           parties for purposes
of computing the Adjustment unless the Sole Member objects           to the determination
of the Adjustment by delivering a detailed statement           describing his objections
to the Purchaser within fifteen (15) days after           receiving the written
determination of the Adjustment and supporting           calculations from the Purchaser.
The Purchaser and the Sole Member will use           reasonable efforts to resolve any
such objections themselves. Any dispute           regarding the determination of the
Adjustment shall be resolved in the manner           set forth below in Section 1.6(g).
If the Sole Member does not provide such           written notice to Purchaser within
such 15-day period, then Purchaser shall make           the appropriate Adjustment in
accordance with this Section 1.6 within ten (10)           days after the date by which
the Sole Member was required to provide such           written notice under this Section
1.6(e).  </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;          In
the event the Adjustment results in a reduction in the principal amount of           the
Installment Cash Note, then the original Installment Cash Note shall be           deemed
to have been canceled on the Post-Closing Adjustment Date, and the Sole           Member
shall have the right to receive a replacement promissory note (the           &#147;<U>Replacement
Note</U>&#148;) from the Purchaser. Upon surrender of the           original Installment
Cash Note for cancellation to the Purchaser, the Purchaser           shall promptly issue
the Replacement Note to the Sole Member, which Replacement           Note shall have a
principal balance equal to the principal balance of the           original Installment
Cash Note less the portion of the Adjustment that results           in a reduction in the
principal amount of the original Installment Cash Note.           The reduced principal
amount and interest on the reduced principal amount of the           Replacement Note
shall be payable on the same terms and conditions as the           original Installment
Cash Note.  </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>Dispute
Resolution Mechanism</U>. If the parties do not obtain a final           resolution of a
dispute regarding the determination of the Adjustment under this           Section 1.6
within thirty (30) days after Purchaser has received the statement           of
objections from the Sole Member, the Purchaser and the Sole Member will           select
an accounting firm mutually acceptable to them to resolve any remaining
          objections. If Purchaser and Sole Member are unable to agree on the choice of
an           accounting firm, Purchaser will select a independent certified public
accounting           firm. The determination of any accounting firm so selected will be
set forth in           writing and will be conclusive and binding upon the parties.
Purchaser will           revise the determination of the Adjustment to reflect the
resolution of any           objections 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;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          In
the event the parties submit any unresolved objections with respect to the
          determination of any Adjustment to an accounting firm for resolution as
provided           herein, Purchaser and Sole Member will share responsibility for the
fees and           expenses of the accounting firm 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          if
the accounting firm agrees with Purchaser&#146;s determination of the amount           of
the Adjustment (with the amount so determined by the Purchaser referred to
          herein as the <U>&#147;Purchaser&#146;s Value</U>&#148;), Sole Member will be
          responsible for all of the fees and expenses of the accounting firm incurred in
          connection with the preparation of the determination with which the accounting
          firm agrees;  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          if
the accounting firm agrees with the Sole Member&#146;s determination of the
          amount of the Adjustment (with the amount so determined by the Sole Member
          referred to herein as the &#147;<U>Sole Member&#146;s Value</U>&#148;),
          Purchaser will be responsible for all of the fees and expenses of the
accounting           firm incurred in connection with the preparation of the
determination with which           the accounting firm agrees; 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;(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          if
the accounting firm determines that the amount of the Adjustment (the           &#147;<U>Actual
Value</U>&#148;) is different from either the Purchaser&#146;s           Value or the
Sole Member&#146;s Value, the party whose determination is closest           to the
Actual Value will be responsible for that fraction of the fees and           expenses of
the accounting firm equal to (x) the difference between the closest           party&#146;s
determination and the Actual Value over (y) the greater of the           difference
between (I) the Purchaser&#146;s Value and the Sole Member&#146;s           Value and
(II) the other party&#146;s determination (which is furthest from the           Actual
Value) and the Actual Value, and the other party will be responsible for           the
remainder of the fees and expenses.  </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;(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Each
party will make the work papers and back-up materials used in determining           the
Purchaser&#146;s Value and Sole Member&#146;s Value available to the other
          party and their accountants and other representatives at reasonable times and
          upon reasonable notice at any time during (I) the preparation of
          Purchaser&#146;s Value or Sole Member&#146;s Value, (II) the review by either
          party of the other party&#146;s determination of the Adjustment, and (III) the
          resolution by the parties of any objections 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;1.7
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Allocation of the 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;          Allocation.
The Purchaser, Sole Member and the Company agree that a purchase           price
allocation will be completed in accordance with GAAP and in accordance of
          Section 1060 of the Code by an independent third party expert to be jointly
          appointed by the Purchaser and Sole Member. The allocation shall be completed
no           later than December 31, 2008 for the period ending as of December 31, 2007.
The           expense of such allocation will be borne by the Purchaser. The Purchaser
and           Sole Member shall mutually inform the independent third-party expert that
the           Purchaser and Sole Member desire to maximize the amount of the Purchase
Price           allocable to goodwill and intangibles that are treated as capital assets
for           federal income tax purposes.  </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;          Cooperation.
The Purchaser and the Sole Member will cooperate in the timely           preparation of
the respective Forms 8594 with respect to the sale of the           Company&#146;s assets
and Purchaser&#146;s payments hereunder. The Purchaser and           Sole Member shall
promptly give each other party notice of any changes to the           foregoing
information prior to the due date of any Form 8594.  </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;          Binding
Effect. The Purchaser, the Sole Member and the Company shall be bound by           the
purchase price allocation for both GAAP and Tax purposes and shall apply           such
allocation for all purposes, including determining any Taxes, shall prepare           and
file all Tax Returns, including Form 8594, in a manner consistent with such
          allocations, and shall not take any position inconsistent with such allocation
          in any Tax Return, proceeding before any Governmental or Regulatory Authority
or           otherwise. In the event that any allocation hereunder is questioned, audited
or           disputed by any Governmental or Regulatory Authority, the party receiving
notice           thereof shall promptly notify and consult with the other parties
concerning the           strategy for he resolution thereof, and shall keep the other
parties apprised of           the status of such question, audit or dispute and the
resolution thereof.  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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 SOLE MEMBER  </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 Sole Member 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 Effective Date (which Company Disclosure Schedule
shall (i) be deemed to be representations and warranties as if made hereunder and (ii)
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;&nbsp;&nbsp;&nbsp;<U>Organization and Qualification</U>. The
Company is a limited liability company duly organized, validly existing and in good
standing under the Laws of the Commonwealth of Virginia, and has full limited liability
company 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 entity 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<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;2.2
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authority Relative to this Agreement</U>.
The Company has full limited liability company 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 manager and its Sole
Member have approved this Agreement. 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 manager and Sole Member of the
Company, and no other action on the part of the manager and Sole Member 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;2.3
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Membership Interests and Ownership</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
Sole Member owns one hundred percent (100%) of all the issued and           outstanding
Membership Interests of the Company as of the Effective Date and as           of the
Closing Date. There are no other record owners nor any beneficial owners           of any
membership interests in the Company, or any other securities of the           Company,
and there are no other issued or outstanding Membership Interests of           the
Company nor any rights by any person or entity to acquire or obtain any           rights
in any Membership 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;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          No
portion of the Company&#146;s Membership Interests 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;(c)&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           Membership
Interests created by statute, the articles of organization or           operating
agreement 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 additional Membership Interests in 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;          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,
          transferability of interest with respect to the Membership Interests of the
          Company, 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;&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;&nbsp;&nbsp;&nbsp;<U>Manager; Officers</U>. The name of the
manager and each officer (if applicable) 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;&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>


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


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(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 articles of organization or operating agreement (or similar
          organizational documents) 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;(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><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.7
&nbsp;&nbsp;&nbsp;&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, 2004, 2005 and 2006; (ii) the related audited
consolidated statements of operations and statements of cash flows for such fiscal years
ended December 31, 2004, 2005 and 2006; (iii) the unaudited consolidated balance sheet of
the Company as of September 30, 2007; and (iv) the related unaudited consolidated
statement of operations and statement of cash flows for the nine (9) month period ended
September 30, 2007 (collectively, the &#147;Company Financials&#148;). The Company
Financials (i) have been prepared in accordance with generally accepted accounting
principles in the United States, as in effect from time to time (&#147;GAAP&#148;),
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.  </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;&nbsp;&nbsp;&nbsp;<U>Minute Books and Stock Records;
Organizational Documents</U>. Copies of the minute books and Membership Interests 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 each of the manager and
members of the Company from the applicable date of the organization of the Company
through the Effective Date. The Company has prior to the execution of this Agreement made
available to the Purchaser or its counsel true and complete copies of the articles of
organization and operating agreement (or similar organizational documents) of the Company
each as amended through the Effective Date. The Company is not in violation of any
provisions of its article of organization or operating agreement (or similar
organizational documents).  </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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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;2.9
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Absence of Changes</U>. Since January 1,
2007 (the &#147;Measurement 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 Measurement 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>


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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 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><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 the Sole Member nor any
          officer, manager, Affiliate or Associate of the Company, other than pursuant to
          any Contract disclosed to the Purchaser pursuant to Section 2.9(e), 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>11 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          no
Action or Proceeding has been commenced or, to the knowledge of the Company,
          its officers, managers and/or the Sole Member, 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;          (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
portion of the Membership Interests in the Company, (2) the Company has not
          modified or amended the rights of any holder of any Membership Interest in the
          Company, 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;(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          there
has not been any amendment to the Company&#146;s articles of organization           or
operating agreement (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;(k)&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><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;          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;(m)&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;(n)&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
($10,000.00);  </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;&nbsp;(o)&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 Ten Thousand Dollars
          ($10,000.00);  </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;&nbsp;(p)&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 Ten Thousand Dollars ($10,000), in any one case, or
          Twenty Thousand Dollars ($20,000) 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 Measurement Date;  </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>12 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(q)&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;(r)&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;(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
Company has not granted any severance or termination pay to any officer,
          employee, consultant, other person or other entity, 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(t) 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;(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          except
pursuant to a Contract disclosed to the Purchaser pursuant to Section           2.9(e) 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,
          manager, member, 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><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;          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, member, manager,           employee or
consultant of the Company in the ordinary course of business) to any           current or
former officer, member, manager, 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;(v)&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;(w)&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;(x)&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;(y)&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;(z)&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>



<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>13 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;2.10
&nbsp;&nbsp;&nbsp;&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 and current liabilities for working capital purposes) 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
Measurement 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;&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 and the Sole Member have timely 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 and/or the Sole Member (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 does not file Tax
Returns that           the Company is or may be subject to taxation by that jurisdiction.
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 additional 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><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 and the Sole Member have 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, member, 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 of the Sole Member 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;          Neither
the Company nor the Sole Member have waived any statute of limitations           in
respect of Taxes, agreed to any extension of time with respect to a Tax
          assessment or deficiency, or have had any Tax Return examined or audited.  </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). Neither the Company nor the Sole Member have 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>14 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(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>


<!-- 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;(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 September 30, 2007,           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>


<!-- 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;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Since
inception, (A) the Company has been classified as a disregarded entity for
          Federal and State Tax purposes, and (B) neither the Company nor the Sole Member
          have made an election (or deemed to have made an election) to be classified as
a           partnership or a corporation for Federal or State Tax purposes.  </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;&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, to the knowledge of the Company,           its
officers, managers and/or the Sole Member, threatened, against or adversely
          affecting the Company or any of its Assets and Properties or the Sole
          Member&#146;s Membership Interests;  </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 and/or the Sole Member           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           or the
Sole Member&#146;s Membership Interests;  </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 received notice, and does not otherwise have knowledge of,           any
Orders outstanding against the Company; and  </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>15 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;(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 reasonably 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 Effective
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;2.13
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance with Laws and Orders</U>. Neither
the Company, nor any of its respective officers, members, manager, Affiliates, agents or
employees, has violated in any respect since the formation 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, its officers, managers
and/or the Sole Member have no knowledge of any claim of violation, or of any actual
violation, of any such Laws and Orders by the Company or its respective officers,
members, manager, Affiliates, agents or employees since the formation 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;2.14
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Plans; ERISA</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;          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, manager or member 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 Effective
Date 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>16 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;          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 member, manager, officer,
          employee or consultant of the Company under any Plan or otherwise,
          (ii)&nbsp;result in a payment or benefit becoming due to any member, manager,
          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>


<!-- 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;2.15
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Real Property</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;          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.  </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 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>17 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;          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, to the knowledge of the Company, its officers, managers
          and/or the Sole Member, 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;&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 Measurement 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>


<!-- 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;2.17
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Intellectual Property</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;          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
          Effective Date 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>


<!-- 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;          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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>18 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;          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>


<!-- 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;(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>


<!-- 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;(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>


<!-- 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;(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>


<!-- 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;(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>


<!-- 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;(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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>19 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;(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 Effective Date, 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>


<!-- 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;(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>


<!-- 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;(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>


<!-- 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;(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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>20 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;(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>


<!-- 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;(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>


<!-- 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;(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 Company or the Sole Member granting any rights or
          licenses with respect to the Intellectual Property of the Company or used by
the           Company in its business 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>


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


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(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 Sole Member 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;&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><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 in the world.  </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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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;2.19
&nbsp;&nbsp;&nbsp;&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 Measurement 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. Except as           disclosed in Section 2.19(a) of the
Company Disclosure Schedule, the Sole Member           and the Company do not have any
Knowledge that any of the Company&#146;s           expected sales or orders will be lost,
and/or that the customer relations of the           Company will 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 Effective Date,           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 Effective Date has been, in effect pertaining 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;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Neither
(i) the Company, nor any of its respective partners, members, 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
Non-procurement Programs nor has any debarment, suspension or           exclusion
proceeding been initiated against the Company or any of its           predecessors,
partners, members, 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, members, managers, 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 Effective Date.  </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(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;&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=15%><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=80%><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=15%><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=80%><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, managers, partners, members,           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><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 Effective Date, 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. To the knowledge of the Company, its officers,           managers
and/or the Sole Member, 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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(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;          The
novation of the Company&#146;s existing Government Contracts as disclosed in
          2.19(a) of the Company Disclosure Schedule is not necessary; provided, however,
          that the Sole Member shall do all acts necessary to obtain any approvals
          required by the Government and any Regulatory Authority to obtain any Approvals
          necessary due to the change in control of the Company as a result of the
          transactions contemplated under 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;2.20
&nbsp;&nbsp;&nbsp;&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 Effective Date, 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 the Company believes are
reasonable 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 $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><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Affiliate Transactions</U>.  </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>25 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Except
as disclosed in Section 2.9(f) 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, manager,           employee, consultant,
Member, Affiliate or Associate of the Company, or (B) any           Person who is an
Associate of any such officer, manager, employee, consultant,           Member, Affiliate
or Associate, 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, manager, employee, consultant,           Member, Affiliate or
Associate, (iii) neither the Company, nor any such current           or former officer,
manager, employee, consultant, Member, 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,
manager, employee, consultant, Member, 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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><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 set forth in Section 2.22(b) off the Company Disclosure Schedule, each
          Person who is an employee of the Company is employed at will. No employee of
the           Company is represented by a union. Except as set forth in Section 2.22(b)
of the           Company disclosure Schedule, 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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>26 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;          No
officer, manager, 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, manager, employees or consultants is           now bound.  </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;2.23
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Environmental Matters</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;          Except
as set forth in Section 2.23(a) of the Company Disclosure Schedule, to           the
knowledge of the Company, its officers, managers and/or the Sole Member,           n<U>o</U> 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). Any due inquiry made by           the Company to its
landlords regarding the presence of any Hazardous Material           in, on, under or
adjacent to any property that the Company has at any time           operated, occupied,
leased or used shall be deemed to have been satisfied by the           Company delivering
by certified mail return receipt requested a written request           to each such
landlord in which the Company requests that such landlord inform           the Company in
writing of whether the landlord has any knowledge of any such           Hazardous
Material in, on or under such property. 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>


<!-- 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;          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>


<!-- 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;          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 and its officers, managers and/or           the Sole
Member do not have any knowledge of any fact or circumstance that could           involve
the Company in any environmental litigation or impose upon the Company           any
environmental Liability.  </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>27 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;2.24
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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, 2006 or, to the knowledge of the
Company, its officers, managers, and/or Sole Member, has threatened to cease or reduce
such purchases or sales or provision of services after the Effective Date. Except as
disclosed in Section 2.24 of the Company Disclosure Schedule no such customer or supplier
is, to the knowledge of the Company, its officers, managers, and/or Sole Member,
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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 Measurement 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 Measurement 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><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other Negotiations; Brokers; Third-Party
Expenses</U>. Neither the Company, nor any of its officers, managers, employees,
consultants, agents, or members (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, employee, consultant,
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 Sole Member and shall not
be an obligation of the Purchaser.  </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>28 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;2.28
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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>


<!-- 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;2.29
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Warranty Obligations</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;          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>


<!-- 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;          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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>29 </FONT></P>


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<!-- MARKER PAGE="sheet: 44; page: 44" -->
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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;2.30
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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>


<!-- 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;2.31
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 the Sole
Member or any other person or entity, other than the Company, 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 but not limited to the Sole Member, has or will have any rights
therein as of Closing.  </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;2.32
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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
assumptions the Company believes are reasonable as of the Effective Date.  </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;2.33
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Approvals</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;          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>


<!-- 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;          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>


<!-- 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;          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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>30 </FONT></P>


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<!-- MARKER PAGE="sheet: 45; page: 45" -->
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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;2.34
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Takeover  Statutes</U>.  No Takeover Statute
 applicable to the Company is applicable to the Acquisition or the other transactions
contemplated hereby.  </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;2.35
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Patriot Act</U>. The Company, and all of its
members, managers, 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>


<!-- 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;2.36
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ARTICLE 2A <BR>REPRESENTATIONS AND
WARRANTIES OF THE SOLE MEMBER </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
Sole Member hereby represents and warrants to the Purchaser as follows: </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;2A.1
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Membership Interests and Ownership</U>. Such
Member owns of record and beneficially the percentage of Membership Interests in the
Company set forth opposite his name on Section 2A.1 of the Company Disclosure Schedule.
Such Membership Interests are, and when delivered by such Member 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>


<!-- 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;2A.2
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Accredited Investor</U>. Such Member 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) or such Member had an
individual income in excess of $200,000 for each of the two most recent calendar years
and has a reasonable expectation of reaching that same income level in the current
calendar year.  </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;2A.3
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Authority Relative to this Agreement</U>.
Such Member has full power and authority to execute and deliver this Agreement and the
Ancillary Agreements to which such Member 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 Member is or will
become a party have been or will be, as applicable, duly and validly executed and
delivered by such Member 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 Member
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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>31 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;2A.4
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No Conflicts</U>. The execution and delivery
by such Member of this Agreement and the Ancillary Agreements to which he is a party does
not, and the performance by such Member 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>


<!-- 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 Law or Order applicable           to such
Member; 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 Member 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 Member&#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 Member           is a party or by
which any of such Member&#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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Finder&#146;s Fee</U>. Except as set forth
in Section 2.27 of the Company Disclosure Schedule, such Member 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 Member 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Agreements</U>. Such Member 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 a Schedule hereto, to which such Member is a party relating to the business
of the Company or to such Member&#146;s rights and obligations as a member, manager,
officer, employee, consultant or agent (if applicable) of the Company. Except as set
forth in Section 2A.6 of the Company Disclosure Schedule, such Member does not own,
directly or indirectly, on an individual or joint basis, any interest in, or serves as an
employee, consultant, 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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<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 Sole Member as follows: </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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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;3.1
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization and Qualification</U>. The
Purchaser is a corporation duly incorporated, 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Brokers; Third-Party Expenses</U>. 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 Purchaser.<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;3.5
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Resources. The Purchaser has or will
obtain prior to the Closing sufficient capital resources to comply fully with all of its
obligations under this Agreement and the transactions contemplated hereby.&nbsp; </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;3.6
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Approvals. Except as set forth on Schedule 3.6,
no consent, approval, waiver, authorization or novation is required to be obtained by
Purchaser from, and no notice or filing is required to be given by Purchaser to or made
by Purchaser with, any Governmental or Regulatory Authority or other Person in connection
with the execution, delivery and performance by Purchaser of this Agreement and each of
the Ancillary Documents, except for those the failure of which to obtain, give or make
would not prevent consummation of the Acquisition and the other transactions contemplated
hereby and by the Ancillary Documents, or materially impair the ability of Purchaser to
perform its obligations hereunder.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.7
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Binding Effect</U>. This Agreement, when executed
and delivered by the Sole Member, the Company and Purchaser, and each of the Ancillary
Documents when executed and delivered by the parties thereto, will constitute a valid and
legally binding obligation of Purchaser party thereto, enforceable against Purchaser in
accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium
and similar laws of general applicability relating to or affecting creditors&#146; rights
and to general equity principles.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.8
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>SEC Documents, Financial Statements</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;          Purchaser
has filed all reports, schedules, forms, statements and other           documents,
together with all exhibits, financial statements and schedules           thereto required
to be filed by it with the SEC pursuant to the reporting           requirements of the
Securities Exchange Act of 1934 (the &#147;Exchange           Act&#148;), including
material filed pursuant to Section 13(a) or 15(d), (all of           the foregoing,
whether heretofore or hereafter filed with the SEC being           hereinafter referred
to as the &#147;SEC Documents&#148;). As of their           respective dates, the SEC
Documents complied in all material respects with the           requirements of the
Exchange Act and the rules and regulations of the SEC           promulgated thereunder
and other federal, state and local laws, rules and           regulations applicable to
such SEC Documents, and none of the SEC Documents           contained any untrue
statement of a material fact or omitted to state a material           fact required to be
stated herein or necessary in order to make the statements           therein, in light of
the circumstances under which they were made, not           misleading.  </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
financial statements of Purchaser included (or incorporated by reference) in
          the SEC Documents comply as to form in all material respects with applicable
          accounting requirements and the published rules and regulations of the SEC or
          other applicable rules and regulations with respect thereto. Such financial
          statements have been prepared in accordance with generally GAAP (except (i) as
          may be otherwise indicated in such financial statements or the notes thereto or
          (ii) in the case of unaudited interim statements, to the extent they may not
          include footnotes or may be condensed or summary statements) and fairly present
          in all material respects the consolidated financial position of the Purchaser
          and its Subsidiaries as of the dates thereof and the results of operations and
          cash flows for the periods then ended (subject, in the case of unaudited
          statements, to normal year-end audit adjustments).  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.9
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Valid Issuance</U>. The shares of common stock
constituting the Stock Consideration and Earnout Shares, when issued in accordance with
and subject to the terms and provisions of this Agreement, (i) will be duly authorized,
validly issued, fully paid and non-assessable, subject only to the terms and conditions
of this Agreement, including but not limited to earnout and escrow provisions of this
Agreement, and (ii) will be issued in compliance with applicable federal and state
securities laws. The shares of common stock underlying the stock options referred to in
Section 6.2(d), when issued in accordance with and subject to the terms and provisions of
such stock option agreements and the Purchaser&#146;s Employee Stock Option Plan, (i)
will be duly authorized, validly issued, fully paid and non-assessable, subject only to
the terms and conditions of this Agreement, and (ii) will be issued in compliance with
applicable federal and state securities laws.  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Conduct of Business of the Company</U>.
During the period from the Effective Date 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, which consent shall not be unreasonably withheld, conditioned
or delayed) 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 the Member shall, without the prior written consent of the
Purchaser, which consent shall not be unreasonably withheld, conditioned or delayed, 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 Member shall, without the prior written consent of the
Purchaser, which consent shall not be unreasonably withheld, conditioned or delayed, take
or agree in writing or otherwise to take, any action that would prevent the Company or
the Member from performing or cause the Company or the Member 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>35 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;4.2
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 the Sole Member 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, managers, members,
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, managers, members, 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, managers, members, 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, the Sole Member 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 Member in the Acquisition or
(ii) a failure to induce the Purchaser to enter into this Agreement.  </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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 Effective Date 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 Effective Date 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>36 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;5.2
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Confidentiality</U>. The parties acknowledge
that the Purchaser and the Company have previously executed a Letter of Intent, dated
October 9, 2007, 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,
manager, 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, manager, 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Expenses</U>. All fees and expenses incurred
by the Company and/or the Sole Member 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 sole
obligation of the Sole Member. 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 to be prepared jointly by the Purchaser and the
Company (the &#147;Joint Press Release&#148;). 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 the Company and/or the Sole Member unless
approved in writing by the Purchaser prior to release.  </FONT></P>


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


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;5.5
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>FIRPTA Compliance</U>. On or prior to the
Closing, the Sole Member 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 under Treasury Regulation Section 1.1445-2(b)(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;5.7
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notification of Certain Matters</U>. The
Company and/or the Sole Member, 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 and/or the Sole
Member contained in this Agreement to be untrue or inaccurate at or prior to the Closing
and (b) any failure of the Company and/or the Sole Member 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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. The Sole Member agrees and acknowledges that he shall, and shall cause his
Affiliates and all employees and consultants of the Company 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 the Company, the Sole
Member and/or its/their 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification</U>. The Purchaser and the
Company agree that all rights to indemnification or exculpation now existing in favor of
the employees, agents, managers or officers of the Company (the &#147;Company Indemnified
Parties&#148;) as provided in its articles of organization or operating agreement or
indemnification agreements as in effect on the Effective Date shall continue in full
force and effect for a period of one (1) year from and after the Closing (for a period
equal to the applicable statute of limitations in the case of Jin Kang); provided,
however, that, in the event any claim or claims are asserted or made within such period,
all rights to indemnification in respect of any such claim or claims shall continue until
the disposition of any and all such claims. The Company and the Sole Member hereby
represents and warrants to the Purchaser that no claim for indemnification has been made
by any employee, agent, manager, or officer of the Company and no basis exists for any
such claim for indemnification.  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;5.10
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Resignation of Manager.</U> Except as
provided in Section 6.3(k), the Company and the Sole Member shall obtain and deliver to
the Purchaser at the Closing the resignation of each manager (or equivalent office) and
officer, if applicable, 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;5.11
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Delivery of Membership Interest Ledger (or
equivalent) and Minute Book of the </U>Company. The Company shall deliver its Membership
Interest ledgers (or its equivalent) 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;5.13
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain Tax Matters.&nbsp; The following
provisions shall govern the allocation of responsibility as between the Purchaser and the
Sole Member for certain tax matters 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;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Cooperation
on Tax Matters<I></I></U><I>.</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;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Purchaser, the Company, and the Sole Member 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, appeal, litigation or other Action or Proceeding with respect to Taxes.
          Sole Member shall provide Purchaser with prompt notice of any audit or proposed
          or threatened audit of the Company that is received by Sole Member in writing
          from a government or regulatory authority. Sole Member shall not settle any
          audit, appeal, litigation or other Action or Proceeding with respect to Taxes
in           a manner that would adversely affect the Company or Purchaser in a period
          beginning after the Closing without the prior written consent of the Purchaser.
          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
the Sole Member           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 Member, 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 the Sole Member,
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 the Sole Member 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>39 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Purchaser and the Sole Member 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;          Tax
Treatment as Asset Purchase. The Purchaser, the Company, and the Sole Member
          shall treat the Purchase as a purchase of the Company&#146;s assets for
federal,           state and local income and franchise tax purposes and shall not make
any           election, take any position, or take any action on any Tax Return or
otherwise           that would cause the Purchase to be treated as a sale of equity of
the Company           to the Purchaser for federal, state or local income or franchise
tax purposes.  </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;          Tax
Returns.  </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;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Purchaser
shall prepare or cause to be prepared and file or cause to be filed,           at
Purchaser&#146;s cost and expense, all Tax Returns of the Company, other than
          the Tax Returns for the Company described in Sections 5.13(c)(ii) and (iii)
          below, which are due after the Closing Date. With respect to all Tax periods
          ending on or prior to the Closing Date, Sole Member shall reimburse Purchaser
or           the Company for any Taxes of the Company within fifteen (15) days after
payment           by Purchaser or the Company of such Taxes. With respect to Tax periods
beginning           before and ending after the Closing Date, Sole Member shall pay to
Purchaser           within fifteen (15) days after payment by Purchaser or the Company of
such Taxes           with respect to such periods an amount equal to the portion of such
Taxes that           relates to the portion of such Tax period ending on the Closing
Date. For           purposes of this Section 5.13(c)(i), in the case of any Taxes that
are imposed           on a periodic basis and are payable for a Tax period that includes
(but does not           end on) the Closing Date, the portion of such Tax that relates to
the portion of           such Tax period ending on the Closing Date shall (i) in the case
of any Taxes           other than Taxes based upon or related to income or receipts, be
deemed to be           the amount of such Taxes for the entire Tax period multiplied by a
fraction, the           numerator of which is the number of days in the Tax period ending
on and           including the Closing Date, and the denominator of which is the number
of days           in the entire Tax period, and (ii) in the case of any Taxes based upon
or           related to income or receipts, be deemed equal to the amount that would be
          payable if the relevant Tax period ended on the Closing Date, using the
          &#147;closing of the books&#148; method of accounting, and in a manner
          consistent with the determination of the Acquisition Consideration Adjustment,
          if any. Any credits relating to a Tax period that begins before and ends after
          the Closing Date shall be taken into account as though the relevant Tax period
          ended on the Closing 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;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Sole
Member shall prepare or cause to be prepared and timely file or cause to be
          timely filed, at Sole Member&#146;s cost and expense, in a manner consistent
          with Section 5.13(b) and with the determination of the Acquisition
Consideration           Adjustment, if any, all Tax Returns for the Company for all
periods ending on or           prior to the Closing Date, including, without limitation,
the income and           franchise Tax Return(s) for the Company for the fiscal year or
portion thereof           in which the Closing occurs (&#147;Final Tax Return&#148;) and
shall deliver or           cause to be delivered any such Final Tax Return and financial
statements for the           time period covered by the Final Tax Return to the
Purchaser. Sole Member shall           provide Purchaser with a draft copy of such Tax
Returns at least thirty (30)           days prior to the due date thereof, shall permit
Purchaser to review and comment           on each of such Tax Returns described in the
preceding sentence prior to filing           and shall make such revisions to any such
Tax Returns as are reasonably           requested by Purchaser. Sole Member shall
reimburse Purchaser or the Company for           any Taxes of the Company with respect to
all Tax periods ending on or prior to           the Closing Date within fifteen (15) days
after payment by Purchaser or the           Company of such Taxes. To the extent required
by applicable law, Sole Member           shall include any income, gain, loss, deduction
or other tax items for such           periods on Sole Member&#146;s Tax Returns.  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Company and Sole Member further agree that Sole Member shall be responsible           for
the preparation and filing of all IRS Forms 1099 and W-2, including the
          provision of said forms to employees of the Company, for all periods ending on
          or prior to the Closing 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;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          IRS
Form W-9. Sole Member shall deliver to Purchaser (and Escrow Agent) on or           prior
to Closing an IRS Form W-9, Request for Taxpayer Identification Number and
          Certification, properly completed and executed by Sole Member.  </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;          Certain
Taxes. 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 Sole Member when due, and
          the Sole Member will, at his 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><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.14
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Releases. Except as provided by Section 5.9, at
Closing, the Sole Member covenants and agrees to deliver, and shall cause each of Jin
Kang and Phoebe Wu of the Company to deliver, to the Company a release (each a &#147;Release&#148;),
the form of which is attached hereto as Exhibit D, stating that such Member, manager and
officer (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 managers, officers, trustees, employees, representatives,
Affiliates, members, 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 limited liability company
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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>41 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;5.15
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Financing</U>. From the Effective Date to
the Closing, Purchaser shall use commercially reasonable efforts to obtain any and all
financing necessary for consummation of the Acquisition.  </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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 Membership Interests in 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><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Additional Conditions to Obligations of the
Sole Member</U>. The obligations of the Sole Member 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 Member:  </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 Effective Date 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>42 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;<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
delivery of all relevant portions of the Acquisition           Consideration as specified
in Section 1.4.  </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;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Closing
Certificate</U>. The Purchaser shall have delivered to the Sole           Member 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;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Stock
Options</U>. At Closing, Purchaser will enter into stock option           agreements with
certain employees of the Company, for the granting to such           persons of stock
options to acquire an aggregate of Seven Hundred Fifty Thousand           (750,000)
shares of common stock of Purchaser at an exercise price of Eight-Five           Cents
($0.85) per share during the five (5) year period from the Effective Date.           The
Sole Member shall recommend and the Purchaser will collectively determine           prior
to Closing the employees of the Company who will receive such grants of           stock
options pursuant to the terms of stock option award agreements under           Purchaser&#146;s
Employee Stock Option Plan and per the Option Plan&#146;s Terms           and Conditions
to be entered into between Purchaser and such employees of the           Company. The
shares of common stock underlying such stock options, when issued           in accordance
with and subject to the terms and provisions of such stock option           agreements
and the Purchaser&#146;s Employee Stock Option Plan, (i) will be duly
          authorized, validly issued, fully paid and non-assessable, subject only to the
          terms and conditions of this Agreement, and (ii) will be issued in compliance
          with applicable federal and state 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;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Installment
Cash Note</U>. At the Closing, Purchaser shall have delivered to           the Sole
Member the Installment Cash Note, dated the date of the Closing and           executed by
a duly authorized officer of the Purchaser, evidencing           Purchaser&#146;s
obligation to the Installment Cash 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;6.3
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 the
Sole Member 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 Effective Date
          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>43 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;<U>Performance</U>.
The Company and the Sole Member 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 Member, 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 Sole Member 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>Applicable
Membership Interests Certificate</U>. The Sole Member shall have           delivered to
the Purchaser the certificate or certificates representing all of           the
Membership Interests in the Company, duly endorsed in blank, or accompanied           by
a duly executed blank membership 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>Employees</U>.
Except for terminations caused by death or disability, (i) Jin           Kang, Phoebe Wu,
Warren Hoppe, Doug Meyer, Todd Dzyak, and Todd McMillen 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
D</U> (the &#147;Non-Competition Agreement&#148;); (ii) Jin           Kang, Phoebe Wu,
Warren Hoppe, Doug Meyer, Todd Dzyak, and Todd McMillen 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 E</U> (the &#147;Employment
Agreement&#148;); (iii) Jin Kang shall           have delivered to the Purchaser a
Non-Competition Agreement in substantially the           form attached hereto as <U>Exhibit
F</U>; and (iv) at least ninety percent (90%)           of the employees of the Company
identified on Schedule 6.3(e) employed as of the           Effective Date 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 or to execute           and deliver to the
Purchaser the Non-Competition Agreement and associated           schedules and statements
without amendment or modification thereto in any           substantive respect.  </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>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; (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; and (iii) at and the Closing, the Company shall have           received all
approvals from the Governmental and all applicable Regulatory           Authority
relating to the change in control 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;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Net
Working Capital</U>. The Company shall have not less than Two Million and
          No/100 Dollars ($2,000,000) in Adjusted 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>44 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Releases</U>.
Each of the Sole Member and the officers and managers of the           Company shall have
executed and delivered a Release to the Company in accordance           with Section
5.14.  </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;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Investor
Representation Statement</U>. The parties hereto acknowledge and           agree that the
portion of the Stock Consideration shall constitute           &#147;restricted securities&#148; within
the meaning of the Securities Act of           1933, as amended, and the rules and
regulations promulgated thereunder           (collectively, the &#147;<U>Securities Act</U>&#148;).
The certificates of the           Purchaser&#146;s common stock evidencing the Stock
Consideration shall bear the           legends set forth in Section 6.3(i) below. The
Sole Member shall execute and           deliver to Purchaser an Investor Representation
Statement in the form attached           hereto as <U>Exhibit C</U>. It is acknowledged
and understood that the Purchaser           is relying on the written representations
made by the Sole Member in the           Investor Representation Statement.  </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>Certificate
Legends</U>. The Stock Consideration to be issued by Purchaser to           the Sole
Member shall not have been registered and shall be characterized as           &#147;restricted
securities&#148; under the federal securities laws of the           United States of
America, including the Securities Act, and under such laws such           shares may be
resold without registration under the Securities Act only in           certain limited
circumstances. Each certificate evidencing shares of the           Purchaser&#146;s
common stock issued as all and/or any portion of the Stock           Consideration shall
bear the following legend and any additional legends           required under any and all
applicable laws:  </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>
&#147;THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT PURPOSES
ONLY, WITHOUT ANY VIEW TOWARDS RESALE, AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE &#147;ACT&#148;), OR UNDER THE SECURITIES LAWS OF CERTAIN
STATES. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND
MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT AND APPLICABLE STATE
SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM. INVESTORS SHOULD BE
AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN
INDEFINITE PERIOD OF TIME. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF
COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED
TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS.&#148; </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;<U>Compliance
with U.S. Securities Laws. </U>The Sole Member agrees to comply           with all
requirements of the federal securities laws of the United States,           including but
not limited to Regulation FD, insider trading rules, and the           requirements under
Rule 144.  </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;          Piggy-back
Registration Rights. The Stock Consideration and Escrow Shares which           are
issued, delivered, and unconditionally released to Sole Member under the           terms
of this Agreement (the &#147;Sole Member&#146;s Shares&#148;) shall be           subject
to the following registration rights:  </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>45 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          If,
at any time and from time to time beginning from the Effective Date and           ending
the second anniversary of the Closing Date, the Board of Directors of the
          Purchaser shall authorize the filing with the SEC of a registration statement
on           Form S-1 or S-3 (&#147;Registration Statement&#148;) for the registration of
          shares of Purchaser&#146;s common stock under the Securities Act in connection
          with a proposed public offering of the Purchaser&#146;s common stock, then (A)
          Purchaser shall notify the Sole Member in writing of such proposed filing in
the           event the Purchaser first receives an opinion of counsel for the Purchaser
that           the Sole Member&#146;s Shares may be sold pursuant to the Registration
Statement           (the &#147;Registration Notice&#148;), and (B) Sole Member shall have
fifteen           (15) days after the date of the mailing of the Registration Notice from
          Purchaser to Sole Member within which Sole Member shall deliver a written
          response to Purchaser (the &#147;Election Response&#148;) to have all or any
          portion of the Sole Member&#146;s Shares included in such Registration
          Statement; provided, however, that the inclusion of any of Sole Member&#146;s
          Shares in any such Registration Statement shall be subject (I) to the extent
          then permissible under the Securities Act and the rules and regulations
          thereunder, (II) to the extent permitted by, and on such terms and conditions
as           shall be required by, the managing underwriter of such offering, and (III)
to           the extent that it will not violate any contractual 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Purchaser
shall not be required to include any of the Sole Member&#146;s Shares           in any
Registration Statement unless the Sole Member first agrees, if so           required by
the Purchaser, to offer and sell the Sole Member&#146;s Shares to or           through an
underwriter selected by the Purchaser and on substantially similar           terms,
including customary cross-indemnification terms, as those under which the           other
shares of Purchaser&#146;s common stock included in the Registration           Statement
are to be offered and sold, and to comply with any arrangements with           respect to
the offer and sole of the Purchaser&#146;s common stock to be           registered
thereunder to which the holders thereof will be required to agree as           a
condition to the inclusion of such shares of Purchaser&#146;s common stock in
          the Registration Statement.  </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;          It
shall be a condition precedent to the Purchaser&#146;s obligation to register
          the Sole Member&#146;s Shares pursuant to the provisions hereof that the Sole
          Member shall promptly provide to the Purchaser such information as the
Purchaser           and/or underwriter may reasonably request at any time and from time
to time upon           reasonable prior notice to enable the Purchaser and/or the
underwriter to comply           with any applicable law, rule or regulation or to
facilitate the preparation of           the Registration Statement.  </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;          The
Purchaser shall pay all off the expenses associated with the Registration
          Statement and the offering arising as a result of the inclusion of the Sole
          Member&#146;s Shares, other than underwriting commissions and/or discounts and
          applicable transfer taxes.  </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>46 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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 7  <BR>SURVIVAL OF
REPRESENTATIONS, WARRANTIES, COVENANTS AND <BR>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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 Sole Member 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 to the
extent that the Purchaser has actual documented knowledge that a representation,
warranty, covenant or agreement of the Sole Member is inaccurate or incorrect. Except for
the representations and warranties set forth in Sections 2.2, 2.3(a), 2.11, 2.1419 2.19,
and 2A.1 (which shall survive the Closing and continue until the applicable underlying
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 April 1, 2009 (the &#147;Expiration Date&#148;). 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification by the Sole Member</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;          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 the Sole
Member 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><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;          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 the Sole Member, 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;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          any
breach of any covenant or agreement made by the Company or the Sole Member           in
this Agreement or in the Ancillary Agreements or any other instrument           delivered
pursuant to this Agreement;  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(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 Membership Interests in the           Company 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;&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 Sole           Member
pursuant to Section 5.3; 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;&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.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.3
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification Procedures</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
obligations and Liabilities of the Sole Member 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
          Sole Member 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 Sole
Member           from any of his 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><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 provided by Section 5.9, the Sole Member 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 the Sole Member, 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 Sole Member. In the event that the Sole Member
          exercises the right to undertake any such defense against any such Third Party
          Claim as provided above, the Sole Member shall conduct the defense of the Third
          Party Claim actively and diligently and the Purchaser Indemnified Party shall
          cooperate with the Sole Member in such defense and make available to the Sole
          Member at the expense of the Sole Member, 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 the Sole Member. Similarly, in the event the Purchaser
          Indemnified Party is, directly or indirectly, conducting the defense against
any           such Third Party Claim, the Sole Member shall cooperate with the Purchaser
          Indemnified Party in such defense and make available to the Purchaser
          Indemnified Party, at the Sole Member&#146;s expense, all such witnesses,
          records, materials and information in the Sole Member&#146;s possession or
under           control of the Sole Member 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>48 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
Sole Member hereby agrees that he will not make any claim for           indemnification
against the Purchaser (or the Company) by reason of the fact           that the Sole
Member was a controlling person, manager, 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
the           Sole Member (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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Right of Offset</U>. Notwithstanding
anything contained in this Agreement to the contrary, but subject to the provisions of
Section 7.8 below, in the event any amounts are payable by the Sole Member to Purchaser
Indemnified Party pursuant to this Article 7 after the completion of all of the indemnity
procedures under this Section 7, the Purchaser may, if it is successful with respect to
the position it has asserted, set-off and recoup such amounts against the Acquisition
Consideration and/or the Earnout, to the extent that any such amount has not been
previously paid to the Sole Member. The Purchaser&#146;s right to set-off and recoup
amounts payable by the Sole Member is in addition to, and not in lieu of, any other
rights the Purchaser may have with respect to recovering such amounts from the Sole
Member.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.5
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Post-Closing 2007 Financial Statements of
the Company</U>. The Sole Member and the Purchaser, at their equal cost, shall jointly
cause the Accountants of the Company at the time of the Closing to thereafter promptly
prepare and provide to Purchaser on or before February 28, 2008, audited financial
statements of the Company for the fiscal year ended December 31, 2007 (the &#147;2007
Company Financials&#148;), which are comparable to the Company Financials provided under
Section 2.7 of this Agreement. The 2007 Company Financials (i) will be prepared in
accordance with GAAP applied on a consistent basis, (ii) will be complete and correct,
(iii) will be in accordance with the Books and Records of the Company and (iv) will
present fairly, in all respects, the financial condition and operating results of the
Company as of the dates and during the periods indicated therein.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.6
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Management of the Company After Closing</U>.
Immediately after the Closing, the managers of the Company shall be Jin Kang, Steve Komar
and James McCubbin, who shall hold office in accordance with the articles of organization
and operating agreement 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;7.7
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification by Purchaser</U>. After the
Closing, the Sole Member shall be indemnified and held harmless by the Purchaser for any
and all Losses arising out of or resulting from: (i) any breach (or Claim by any third
party alleging or constituting breach) of any representation or warranty of Purchaser, as
of the Effective Date, as contained in this Agreement or in the Ancillary Agreements or
any other instrument delivered pursuant to this Agreement and (ii) any breach of any
covenant or agreement made by Purchaser in this Agreement or in the Ancillary Agreements.  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;7.8
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitations on Indemnification</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;          Subject
to Section 7.8(d) below, the aggregate liability of the Sole Member           under this
Section 7 for Losses incurred by the Company and/or the Purchaser           Indemnified
Parties shall be limited 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          in
the event the Company and/or Purchaser Indemnified Parties incur any Losses
          relating to any of the contracts of the Company as listed on Schedule 7.8,
          (the &#147;Company Material Contracts&#148;), then the total liability of the
          Sole Member for Losses relating to the Company Material Contracts shall be
          limited to the total amount and value of the Acquisition Consideration,
          except only that the Purchaser Indemnified Parties shall not seek any
          indemnification from the Sole Member unless and until the aggregate Losses
          incurred by the Company and/or any of the Purchaser Indemnified Parties equals
          or exceeds Two Hundred Fifty Thousand Dollars ($250,000.00) (the &#147;Sole
          Member&#146;s Material Contract Basket&#148;), and then only to the extent the
          aggregate Losses exceed the Sole Member&#146;s Material Contract Basket 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;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          in
the event the Company and/or Purchaser Indemnified Parties incur any Losses
          relating to anything other than the Company Material Contracts, then the
          total liability of the Sole Member for Losses relating to matters other than
the           Company Material Contracts shall be limited to twenty-five percent (25%) of
the total amount and value of the Acquisition Consideration, except only that
          the Purchaser Indemnified Parties shall not seek any indemnification from the
          Sole Member unless and until such aggregate Losses incurred by the Company
          and/or any of the Purchaser Indemnified Parties equals or exceeds Twenty-Five
          Thousand Dollars ($25,000.00) (the &#147;Sole Member&#146;s Second
          Basket&#148;), and then only to the extent the aggregate Losses exceed the Sole
          Member&#146;s Material Contract Basket.  </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;          For
purposes of calculating the Losses relating to any of the Company Material
          Contracts which are not retained and/or fully performed by the Company for the
          remaining portion of the entire current term of each such Company Material
          Contract and all option periods under each Company Material Contract, then such
          Losses shall be deemed to be the earnings before interest, taxes, depreciation
          and amortization on the amount resulting from the difference between (i) the
          total expected revenues of each such contract as listed on Schedule 7.8 for the
          balance of the term of the contract plus any available option periods, as such
          are in effect as of the Closing Date, minus all of the expenses attributable or
          otherwise related to the Company Material Contracts (which shall include direct
          and indirect expenses and an allocation of overhead charges) which are not
          retained and/or fully performed by the Company, minus (ii) the actual revenues
          received by the Company from all the Company Material Contracts as of the date
          of any claim by Purchaser against Sole Member hereunder for any Losses relating
          to any of the Company Material Contracts, minus all of the expenses
attributable           or otherwise related to the Company Material Contracts (which
shall include           direct and indirect expenses and an allocation of overhead
charges) which are           not retained and/or fully performed by the Company.  </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 ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          In
the event the Sole Member is liable for the payment of any amount to any
          Purchaser Indemnified Party under this Agreement, then such payment shall be
          made in the following manner and sequence: (i) first, the then outstanding
          principal amount of the Installment Cash Note shall be reduced until exhausted,
          (ii) second, the Sole Member shall pay to the Purchaser any remaining amount
due           from Sole Member under this Section 7 by the payment of one-half (1/2) of
such           amount from the Closing Cash Consideration and one-half of such amount
from the           Stock Consideration until the Closing Cash Consideration and the Stock
          Consideration have been exhausted, and (iii) any remaining amount which is
still           due from Sole Member under this Section 7 shall be paid one-half (1/2)
from the           cash portion of any Earnout Amount and one-half (1/2) from any Earnout
Shares.           In the event the Sole Member uses any of the Stock Consideration and/or
the           Earnout Shares which are then in the unconditional possession of the Sole
Member           to satisfy any portion of the indemnify as provided in this Section 7,
then the           value of such shares shall be deemed to be the average of the closing
sale           prices of the Purchaser&#146;s common stock as quoted on the AMEX for each
of           the ten (10) trading days immediately preceding such indemnity payment,
except           that if WidePoint is required to and timely files a Form 8-K with the
Securities           and Exchange Commission such 10-day trading period shall not
commence until           after the filing by the Purchaser of any required public
disclosure under the           Exchange Act relating to such Losses for which the Sole
Member is liable for           indemnification under 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;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Notwithstanding
anything contained in this Agreement to the contrary, there           shall be no limit
whatsoever on the aggregate liability of the Sole Member for           Losses under this
Agreement in the event any such Losses result from any of the           following by the
Sole Member or Phoebe WU (i) fraud or (ii) a knowing, willful,           grossly reckless
and/or grossly negligent act, statement or omission.  </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;          Any
payment made by the Sole Member or the Purchaser under this Section 7 shall           be
deemed to be an adjustment to the Acquisition 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;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Any
insurance proceeds received by any indemnified party with respect to any           Losses
for which the indemnifying party has a then current indemnification           obligation
under this Section 7 shall reduce the amount payable to such           indemnified party
under this Section 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;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Notwithstanding
anything contained herein to the contrary, the Sole Member shall           have no
obligation to indemnify the Purchaser or the Company for any Losses to           the
extent such Losses relate or are otherwise attributable to a liability taken
          into account for purposes of determining the Working Capital Adjustment.  </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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>51 </FONT></P>

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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;8.1
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 Sole Member and 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;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          by
the Purchaser or the Sole Member if: (i) the Closing has not occurred before
          5:00 p.m. (Eastern Time) on January 31, 2008 (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 non-appealable 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
the Sole Member if he is not 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 Sole Member or the Company, or their respective managers, officers,
directors or members 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>52 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;8.3
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Extension; Waiver</U>. At any time prior to
the Closing, the Purchaser and the Sole Member 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 sent through a nationally recognized overnight delivery service (such as Federal
Express), 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, Vice President and C.F.O. </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>
Foley
&amp; Lardner LLP<BR>3000 K Street, N.W., Suite 500<BR>Washington, D.C. 20007<BR>Facsimile No.:
202.672.5399<BR>Attn: Thomas L. 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
 Jin Kang <BR>1163 Daleview Dr. <BR>McLean, VA 22102<BR>Facsimile No.: 703-738-9937<BR>Attn: Jin Kang </FONT></TD>
</TR>
</TABLE>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>53 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;If
to the Sole Member:  </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>
Mr.
            Jin Kang <BR>7926 Jones Branch Dr. Suite 520  <BR>McLean, VA 22102<BR>Facsimile No.:
703-848-3560<BR>Attn: Jin Kang  </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>
Loeb
&amp; Loeb LLP<BR>345 Park Avenue <BR>New York, New York 10177 <BR>Facsimile No.: 212-656-1076 <BR>Attn:
Lloyd L. Rothenberg, 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 delivery service 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 delivery service 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><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Entire Agreement</U>. This Agreement and the
Exhibits and Schedules hereto, including the Company Disclosure Schedule, constitute the
entire Agreement among the parties with respect to the subject matter hereof and
supersede 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 October 9, 2007, 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>54 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;9.3
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Third-Party Beneficiaries</U>. Except for
Section 5.9, 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 5.9 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.7
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>55 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;9.9
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Governing Law, Dispute Resolution</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.
Any dispute, controversy or Claim arising out of or relating to this Agreement or any
ancillary Agreement, or the breach thereof, shall be settled by binding arbitration
before three (3) arbitrators selected in accordance with rules of the American
Arbitration Association, with such arbitrators having experience in mergers and
acquisition transactions, and with such arbitration being administered by the American
Arbitration Association under its commercial arbitration rules, and the judgment on the
award rendered by such arbitrators may be entered in any state court or federal court
sitting in the Commonwealth of Virginia, with 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. Any arbitration shall be held in the county of Fairfax, Commonwealth of
Virginia. The Purchaser and Sole Member shall equally bear any arbitration fees and
administrative costs associated with such arbitrations, except that each party shall bear
its own legal fees and costs; provided, however, the prevailing party in such
arbitration, as determined by the arbitrators, shall be awarded its costs and reasonable
attorneys&#146; fees incurred in connection with such arbitration. 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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>WAIVER OF TRIAL BY JURY AND PUNITIVE DAMAGES</U>.
IN ANY ACTION OR PROCEEDING ARISING HEREFROM IN WHICH A PARTY SEEKS TO ENTER THE
ARBITRATION AWARD IN COURT AS PROVIDED IN SECTION 9.9 ABOVE, THE PARTIES HERETO CONSENT
TO TRIAL WITHOUT A JURY IN ANY SUCH ACTION OR PROCEEDING, REGARDLESS OF THE FORM OF
ACTION OR PROCEEDING. THE PARTIES TO THIS AGREEMENT EXPRESSLY WAIVE AND FOREGO ANY RIGHT
TO RECOVER PUNITIVE, EXEMPLARY, CONSEQUENTIAL OR SIMILAR DAMAGES IN ANY ARBITRATION,
LAWSUIT, LITIGATION OR PROCEEDING ARISING OUT OF OR RESULTING FROM ANY CONTROVERSY OR
CLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED
THEREBY.  </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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 which party drafted this Agreement and/or any changes
hereto.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>56 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;9.12
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.14
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain Limitat</U>ions. It is the explicit
intent and understanding of each of the parties that no parties nor any of its
Affiliates, representatives or agents is making any representation or warranty
whatsoever, oral or written, express or implied, other than those set forth in this
Agreement, including the exhibits and disclosure schedules referred to herein, and no
party is relying on any statement, representation or warranty, oral or written, express
or implied, made by another party or such other party&#146;s Affiliates, representatives
or agents, except for the representations and warranties expressly set forth in this
Agreement, including the exhibits and disclosure schedules referred to herein.  </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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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;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>

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<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>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>57 </FONT></P>


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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;&#147;Agreement&#148;
means this Membership Interest Purchase Agreement, including (unless the context otherwise
requires) the Exhibits, the Schedules and 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>

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<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>

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<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, Membership Interest certificates and books, 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><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 Effective Date or the exercise of options
or warrants outstanding on the Effective Date 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 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>58 </FONT></P>

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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</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;&#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>

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<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>

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<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>

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<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, 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><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 Membership Interests in
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;Company
Registered Intellectual Property&#148; means all Registered Intellectual Property owned by
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;Company&#146;s
2006 Revenue&#148; means the amount of the gross revenues of the Company for the twelve
months ending December 31, 2006, as determined in a manner consistent with the
determination of gross revenues of the Company for the twelve months ended December 31,
2005 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;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;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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>59 </FONT></P>

<!-- *************************************************************************** -->
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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;Equity
Equivalents&#148; means securities (including Options to purchase Membership Interests in
the Company) which, by their terms, are or may be exercisable, convertible or exchangeable
for or into Membership Interests, common stock, preferred stock or other securities at the
election of the holder thereof. </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>

<!-- 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;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>

<!-- 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;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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>60 </FONT></P>

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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;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" FSL="Project" -->
<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>

<!-- 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;Option&#148;
with respect to any Person means any security, right, subscription, warrant, option,
&#147;phantom&#148; equity 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 or managers of such Person. </FONT></P>

<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>61 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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>

<!-- 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;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>

<!-- 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;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>

<!-- 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;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="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;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>

<!-- 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;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>

<!-- 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;Tax&#148;
or &#147;Taxes&#148; means (a)&nbsp;any federal, state, local, or foreign income, gross
receipts, single business, commercial activity, 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>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>62 </FONT></P>

<!-- *************************************************************************** -->
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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </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;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, including, without limitation, Form 1040, Schedule C, and
Form 4797 of the Sole Member. </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
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<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 Sole           Member, 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           Sole Member.  </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;          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, managers, members and/or 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 or members owning more than ten percent (10%)
          of the equity interests, by vote or value, of such Person. For purposes of this
          Agreement, the phrase &#147;to the knowledge of the Company&#148; shall be
          deemed to be satisfied by the actual knowledge of the following persons and
          knowledge of facts that such individuals should have after due inquiry: (i) Jin
          Kang, Phoebe Wu, Warren Hoppe, Doug Meyer, Todd Dzyak, and Todd MacMillen.  </FONT></P>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>63 </FONT></P>


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<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Default" -->
<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><BR><BR>


<!-- MARKER FORMAT-SHEET="Page Number Center" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>64 </FONT></P>

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<HR SIZE=5 COLOR=GRAY NOSHADE>



<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>January 2, 2008</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Default" -->
<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 Sole Member, 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" SIZE=2></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>WIDEPOINT CORPORATION</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>By:&nbsp;&nbsp;_____________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>iSYS, LLC</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>By:&nbsp;&nbsp;_____________________________ </FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Jin Kang</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>SOLE MEMBER:</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>_____________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>Jin Kang, Individually</B></FONT></TD></TR>
</TABLE>






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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Exhibit &#150; A<BR>Earnout
Formula</U> </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>A four year earn-out covering
earnings before interest, taxes, depreciation and amortization (&#147;EBITDA&#148;) of the
Company (which includes all business and activities of the Company including, without
limitation, all business and activities which may be transferred from the Company to
another entity or which are otherwise conducted in another entity) for each Earnout Year.
EBITDA for each Earnout Year shall be computed in accordance with generally accepted
accounting principles consistently applied and interpreted except that (i) amortization
shall not include any amortization attributable to software developed by the Company or
otherwise in any Earnout Year, and (ii) no deduction shall be made for overhead,
management or similar charges except to the extent agreed to in writing by Sole Member
prior to such expense being incurred. A loss or negative EBITDA for one Earnout Year shall
not reduce or otherwise affect EBITDA in another Earnout Year.  EBITDA exceeding $1.4
Million for each of the four measurement years shall be considered Qualifying Profits. 67%
of Qualifying Profits shall be considered Achieved Earnout in each of the first three
Earnout Years and 50% of Qualifying Profits shall be considered Achieved Earnout for the
final or fourth Earnout year. WidePoint shall pay the amount of the Achieved Earnout to
Sole Member in accordance with Section 1.4 of the Membership Interest Purchase Agreement. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>For example, if EBITDA (adjusted in
accordance with the provisions above) for the 2008 calendar year is $2,000,000 then
WidePoint shall pay the sole member $402,000 (<I>i.e.</I>, 67% x ($2,000,000 &#151;
$1,400,000)) of which $202,000 shall be paid in cash and $202,000 shall be payable in the
form of 202,000 privately issued shares of WidePoint. </FONT></P>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>cmw3201b.htm
<DESCRIPTION>$2,000,000 INSTALLMENT CASH PROMISSORY NOTE
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Exhibit &#151; C</B> </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INSTALLMENT CASH
PROMISSORY NOTE </FONT></H1>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>$2,000,000.00</FONT></TD>
     <TD WIDTH=50% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>Washington, D.C.&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=2>January 4, 2008&nbsp;</FONT></TD></TR>
</TABLE>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FOR VALUE RECEIVED, the undersigned,
WidePoint Corporation (&#147;Maker&#148;), does hereby promise to pay to the order of Jin
Kang (&#147;Holder&#148;), the principal amount of Two Million Dollars ($2,000,000.00),
together with simple interest computed on such principal amount from the date hereof on
the unpaid principal balance at the fixed annual rate of (i) seven percent (7.0%) from the
date of this Note through December 31, 2008, and (ii) ten percent (10.0%) from January 1,
2009 through the date of payment of this Note as provided in Section 1 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;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
Terms</U>. The principal and interest amount outstanding under this           Note shall
be paid by the Maker to the Holder in one (1) lump sum payment on the           earlier
of either April 1, 2009 or the business day immediately following the           filing by
the Maker of its Annual Report on Form 10-K for the year ending on           December 31,
2008, or as otherwise provided under the Purchase Agreement (as           defined in
Section 7 hereof), with all amounts due or payable at any time under           this Note
being subject to adjustment and offset as provided in the Purchase           Agreement.
The Maker shall make all such payments to the order of the Holder at           1163
Daleview Dr. McLean, VA 22102 (or such other address as may be designated           in
writing by Holder to Maker, which writing may be in the form of electronic
          mail).  </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;&nbsp;&nbsp;<U>Right
to Prepayment</U>. This Note may be prepaid in whole or in part at any           time,
without premium or penalty, with interest to the date of payment. If this           Note
is prepaid, there is to be no discount from the obligation to pay the full
          principal balance due at the time of prepayment.  </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;&nbsp;&nbsp;<U>Fees
and Expenses</U>. Whenever an attorney is used to obtain payment under,           or to
otherwise enforce, this Note or to enforce, declare, or adjudicate any           rights
or obligations under this Note, whether by suit or by any other means
          whatsoever, the costs and expenses thereof, including reasonable attorneys&#146;          fees
and expenses, shall be payable by the non-prevailing 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;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Events
of Default</U>. Each of the following shall constitute an event of           default (&#147;Event
of Default&#148;) hereunder:  </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;If
Maker fails to pay any installment of interest or principal on this Note when
          due hereunder which failure continues for a period of thirty (30) days after
          Maker&#146;s receipt of written notice from the Holder. Receipt shall be deemed
          to have occurred if written notice is personally delivered to and signed for on
          behalf of the Maker or delivered certified first class mail, postage prepaid,
to           the addresses and representatives identified in Section 9.1 of the Purchase
          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;If
Maker shall admit in writing its inability to pay its debts as they become           due,
file a petition in bankruptcy or make a petition to take advantage of any
          insolvency act; make an assignment for the benefit of creditors, commence a
          proceeding for the appointment of a receiver, trustee, liquidator or
conservator           of all or any substantial part of its property; file a petition or
answer           seeking reorganization or similar relief under the Federal bankruptcy
laws or           any similar law or statute governing the relative rights of debtors and
          creditors;  </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
any of the creditors of Maker shall file a petition in bankruptcy against           Maker
or for reorganization of Maker pursuant to the Federal bankruptcy laws or
          similar law or statute, and if such petition shall not be discharged or
          dismissed within sixty (60) calendar days after the date on which such petition
          was filed; 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;If
Maker breaches any covenant contained in the Credit Agreement (defined 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;In
the event of the happening of any Event of Default, then the unpaid principal of this
Note, and interest thereon until payment, shall forthwith become absolute and due and
payable without any notice or demand whatsoever. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Note (a) may not be changed, waived, discharged, or terminated except by an instrument in
writing signed by each of the Maker and Holder, and (b) shall inure to the benefit of and
be enforceable by the Holder and the Holder&#146;s heirs, executors, administrators, and
personal 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;This
Note shall be governed by and construed in accordance with the laws of the Commonwealth of
Virginia applicable to agreements made and to be performed entirely within such State. </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.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Subordination Provisions.</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;<U>Subordination of Liabilities</U>. Maker, for
itself, its successors and           assigns, covenant and agree, and Holder, by his
acceptance of this Note,           likewise covenants and agrees, that the payment of the
principal of, interest           on, and all other amounts owing in respect of, this Note
(the &#147;Subordinated           Indebtedness&#148;) is hereby expressly subordinated,
to the extent and in the           manner set forth below, to the prior payment in full
in cash of all Senior           Indebtedness (as defined in Section 5(g) hereof). The
provisions of this Section           5 shall constitute a continuing offer to all persons
or other entities who, in           reliance upon such provisions, become holders of, or
continue to hold, Senior           Indebtedness, and such holders are made obligees
hereunder the same as if their           names were written herein as such, and they
and/or each of them may proceed to           enforce such provisions.  </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>Maker Not to Make Payments with Respect to
Subordinated Indebtedness in           Certain Circumstances.</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;Upon the maturity of any Senior Indebtedness
(including interest thereon or fees           or any other amounts owing in respect
thereof), whether at stated maturity, by           acceleration or otherwise, all
Obligations (as defined in Section 5(g) hereof)           owing in respect of the Senior
Indebtedness shall first be paid in full in cash,           before any payment, whether
in cash, property, securities or otherwise, is made           on account of the
Subordinated Indebtedness.  </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 Maker may not, directly or indirectly, make
any payment of any Subordinated           Indebtedness and may not acquire any
Subordinated Indebtedness for cash or           property until all Senior Indebtedness
has been paid in full in cash if any           default or event of default under the
Credit Agreement (as defined in Section           5(g) hereof) or any other issue of
Senior Indebtedness is then in existence or           would result therefrom. The Holder
hereby agrees that, so long as any such           default or event of default in respect
of any issue of Senior Indebtedness           exists, Holder will not sue for, or
otherwise take any action to enforce the           Maker&#146;s obligations to pay,
amounts owing in respect of this Note. The           Holder understands and agrees that
to the extent that Section 5(b)(i) or this           Section 5(b)(ii) prohibits the
payment of any Subordinated Indebtedness, such           unpaid amount shall not
constitute a payment default under this Note and the           Holder may not sue for, or
otherwise take action to enforce the Maker&#146;s           obligation to pay such
amount, provided that such unpaid amount shall remain an           obligation of the
Maker to the Holder pursuant to the terms of this Note.  </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;In the event that notwithstanding the
provisions of the preceding Section           5(b)(i) or Section 5(b)(ii), the Maker (or
any person on behalf of the Maker)           shall make any payment on account of the
Subordinated Indebtedness at a time           when payment is not permitted by Section
5(b)(i) or Section 5(b)(ii), such           payment shall be held by the Holder , in
trust for the benefit of, and shall be           paid forthwith over and delivered to,
the holders of Senior Indebtedness or           their representative or the trustee under
the indenture or other agreement           pursuant to which any instruments evidencing
any Senior Indebtedness may have           been issued, as their respective interests may
appear (including by giving           effect to any intercreditor or subordination
arrangements among such holders),           for application pro rata to the payment of
all Senior Indebtedness remaining           unpaid to the extent necessary to pay all
Senior Indebtedness in full in           accordance with the terms of such Senior
Indebtedness, after giving effect to           any concurrent payment or distribution to
or for the holders of Senior           Indebtedness.  </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>Subordination to Prior Payment of All Senior
Indebtedness on Dissolution,           Liquidation or Reorganization of Maker.</U> Upon
any distribution of assets of           the Maker or upon dissolution, winding up,
liquidation or reorganization of the           Maker (whether in bankruptcy, insolvency
or receivership proceedings or upon an           assignment for the benefit of creditors
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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          the
holders of all Senior Indebtedness shall first be entitled to receive           payment
in full in cash of all Senior Indebtedness (including, without           limitation,
post-petition interest at the rate provided in the documentation           with respect
to the Senior Indebtedness, whether or not such post-petition           interest is an
allowed claim against the debtor in any bankruptcy or similar           proceeding)
before the Holder is entitled to receive any payment of any kind or           character
on account of the Subordinated Indebtedness;  </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;          any
payment or distributions of assets of the Maker of any kind or character,
          whether in cash, property or securities to which the Holder would be entitled
          except for the provisions of this Section 5, shall be paid by the liquidating
          trustee or agent or other person making such payment or distribution, whether a
          trustee in bankruptcy, a receiver or liquidating trustee or other trustee or
          agent, directly to the holders of Senior Indebtedness or their representative
or           representatives, or to the trustee or trustees under any indenture under
which           any instruments evidencing any such Senior Indebtedness may have been
issued as           their respective interests may appear (including by giving effect to
any           intercreditor or subordination arrangements among such holders), to the
extent           necessary to make payment in full in cash of all Senior Indebtedness
remaining           unpaid, after giving effect to any concurrent payment or distribution
to the           holders of such Senior Indebtedness; 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;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          in
the event that, notwithstanding the foregoing provisions of this Section           5(c),
any payment or distribution of assets of the Maker of any kind or           character,
whether in cash, property or securities, shall be received by the           Holder on
account of Subordinated Indebtedness before all Senior Indebtedness is           paid in
full in cash, such payment or distribution shall be received and held in           trust
for and shall be paid over to the holders of the Senior Indebtedness           remaining
unpaid or unprovided for or their representative or representatives,           or to the
trustee or trustees under any indenture under which any instruments           evidencing
any of such Senior Indebtedness may have been issued, as their           respective
interests may appear (including by giving effect to any intercreditor           or
subordination arrangements among such holders) for application to the payment
          of such Senior Indebtedness until all such Senior Indebtedness shall have been
          paid in full in cash, after giving effect to any concurrent payment or
          distribution to the holders of such Senior Indebtedness.  </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>Subrogation</U>. Subject to the prior
payment in full in cash of all Senior           Indebtedness, the Holder shall be
subrogated to the rights of the holders of           Senior Indebtedness to receive
payments or distributions of assets of the Maker           applicable to the Senior
Indebtedness until all amounts owing on this Note shall           be paid in full, and
for the purpose of such subrogation no payments or           distributions to the holders
of the Senior Indebtedness by or on behalf of the           Maker or by or on behalf of
the Holder by virtue of this Section 5 which           otherwise would have been made to
the Holder shall, as between the Maker and its           creditors other than the holders
of Senior Indebtedness, and the Holder, be           deemed to be payment by the Maker to
or on account of the Senior Indebtedness,           it being understood that the
provisions of this Section 5 are and are intended           solely for the purpose of
defining the relative rights of the Holder, on the one           hand, and the holders of
the Senior Indebtedness, on the other hand.  </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>Obligation of the Maker Unconditional.</U> Nothing
contained in this Section           5 or in this Note is intended to or shall impair, as
between the Maker, on one           hand, and the Holder, on the other hand, the
obligations of the Maker, which are           absolute and unconditional, to pay to the
Holder the principal of and interest           on this Note as and when the same shall
become due and payable in accordance           with their terms, or is intended to or
shall affect the relative rights of the           Holder and creditors of the Maker other
than the holders of the Senior           Indebtedness, nor shall anything herein or
therein prevent the Holder from           exercising all remedies otherwise permitted by
applicable law upon an event of           default under this Note, subject to the
provisions of this Section 5 and the           rights, if any, under this Section 5 of
the holders of Senior Indebtedness in           respect of cash, property, or securities
of the Maker received upon the exercise           of any such remedy. Upon any
distribution of assets of the Maker referred to in           this Section 5, the Holder
shall be entitled to rely upon any order or decree           made by any court of
competent jurisdiction in which such dissolution, winding           up, liquidation or
reorganization proceedings are pending, or a certificate of           the liquidating
trustee or agent or other person making any distribution to the           Holder, for the
purpose of ascertaining the persons entitled to participate in           such
distribution, the holders of the Senior Indebtedness and other indebtedness           of
the Maker, the amount thereof or payable thereon, the amount or amounts paid           or
distributed thereon and all other facts pertinent thereto or to this Section           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;<U>Subordination Rights Not Impaired by Acts or
Omissions of Maker or Holders of           Senior Indebtedness</U>. No right of any
present or future holders of any Senior           Indebtedness to enforce subordination
as herein provided shall at any time in           any way be prejudiced or impaired by
any act or failure to act on the part of           the Maker or by any act or failure to
act in good faith by any such holder, or           by any noncompliance by the Maker with
the terms and provisions of this Note,           regardless of any knowledge thereof
which any such holder may have or be           otherwise charged with. The holders of the
Senior Indebtedness may, without in           any way affecting the obligations of the
Holder with respect hereto, at any time           or from time to time and in their
absolute discretion, change the manner, place           or terms of payment of, change or
extend the time of payment of, or renew,           increase or otherwise alter, any
Senior Indebtedness or amend, modify or           supplement any agreement or instrument
governing or evidencing such Senior           Indebtedness or any other document referred
to therein, or exercise or refrain           from exercising any other of their rights
under the Senior Indebtedness           including, without limitation, the waiver of
default thereunder and the release           of any collateral securing such Senior
Indebtedness, all without notice to or           assent from the 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;(g)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Senior Indebtedness</U>. The term &#147;Senior
Indebtedness&#148; shall mean           all Obligations (as defined below) <U>(i)</U> of
the Maker under, or in respect           of, (x) the Credit Agreement, (as amended,
modified, supplemented, extended,           restated, refinanced, replaced or refunded
from time to time, the &#147;Credit           Agreement&#148;), dated as of January 2,
2008, by and among Maker, the various           lenders from time to time party thereto,
including but not limited to Cardinal           Bank, and any renewal, extension,
restatement, refinancing or refunding thereof,           and (y) each other Loan Document
(as defined in the Credit Agreement) to which           the Maker is a party, <U>(ii)</U> of
the Maker under, or in respect of           (including by reason of any guaranty to which
the Maker is a party), any Hedge           Agreement (as defined in the Credit
Agreement), and <U>(iii)</U> of the Maker           under, or in respect of (including by
reason of any guaranty of) the Senior           Notes and the Senior Note Indenture (each
as defined in the Credit Agreement).           As used herein, the term &#147;Obligation&#148; shall
mean any principal,           interest, premium, penalties, fees, expenses, indemnities
and other liabilities           and obligations (including guaranties of the foregoing
liabilities and           obligations) payable under the documentation governing any
Senior Indebtedness           (including post-petition interest at the rate provided in
the documentation with           respect to such Senior Indebtedness, whether or not such
interest is an allowed           claim against the debtor in any bankruptcy or similar
proceeding).  </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>Retirement
of Senior Indebtedness</U>. Notwithstanding anything contained in           this Note to
the contrary, the term &#147;Senior Indebtedness&#148; shall also           include and
mean any new or future debt or other Obligation incurred by the           Maker to pay
off or otherwise replace the Senior Indebtedness that existed as of           the date of
this Note. Subject to the foregoing, in the event that no Senior           Indebtedness
exists at any time in the future when any amount remains           outstanding and unpaid
under this Note, then the indebtedness evidenced by this           Note shall no longer
be subject to the subordination provisions of this Section           5. In addition to
the foregoing, if the Maker satisfies the Senior Indebtedness           then
simultaneously with such satisfaction and automatically and without any           further
action on the part of the Maker and Holder the Holder shall be entitled           to all
of the benefits provided for in the Senior Indebtedness including,           without
limitation, having a first priority perfected security interest in all           of the
assets of WidePoint, as if all of the terms and conditions of such Senior
          Indebtedness will restated herein in their entirety.  </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.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignment.</U> This
Note shall be binding upon the Maker and its successors           and assigns, including,
without limitation, any person, firm or corporation           which may acquire
substantially all of the Maker&#146;s assets or business or           with or into which
the Maker may be liquidated, consolidated, merged or           otherwise combined.  </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.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>NOTE
SUBJECT TO PURCHASE AGREEMENT</U>. THE INDEBTEDNESS EVIDENCED BY THIS           NOTE IS
SUBJECT TO THE TERMS OF THE MEMBERSHIP INTEREST PURCHASE AGREEMENT,           DATED AS OF
JANUARY 2, 2008, BY AND BETWEEN THE MAKER, ISYS LLC, AND THE HOLDER           (the &#147;Purchase
Agreement&#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;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Approvals<I><U>.
</U></I>The Maker shall comply with each of the covenants           contained in the
Credit Agreement,  The consent of the Holder shall be           obtained in those
circumstances and to the same extent required in  the           Credit Agreement,
as if each of the covenants in the Credit Agreement was           restated in their  entirety
in this note, for so long as any amounts are           due to the Holder by the Maker
under this Note. In the event any           earnouts are achieved as defined in
the Purchase Agreement between the Holder           and Maker, dated as of January
2, 2008, while such earnout amounts have           been earned and until they have  been
paid, Holder shall have the same           rights as stated in this Note.   </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.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Counterparts</U>.
This Note 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 Note<B><I>.</I></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;IN
WITNESS WHEREOF, Maker has caused this Note to be executed by each of its duly authorized
officers. </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Attest (Seal):</FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WIDEPOINT CORPORATION</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>By:_______________________</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>By:______________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James McCubbin</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steve Komar</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Secretary</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President</FONT></TD></TR>
</TABLE>




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</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>4
<FILENAME>cmw3201c.htm
<DESCRIPTION>EMPLOYMENT AND NON-COMPETE AGMT.
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>EMPLOYMENT AND
NON-COMPETE 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
Employment and Non-Compete Agreement (the &#147;Agreement&#148;) is made as of January 4,
2008, between iSYS, LLC, a Virginia limited liability company (the &#147;Company&#148;);
WidePoint Corporation, a Delaware corporation (&#147;WidePoint&#148;); and Jin Kang (the
&#147;Executive&#148;). The parties agree that the terms and provisions of this Agreement
are subject to and contingent upon the closing of the acquisition of all of the membership
interests in the Company by WidePoint (the &#147;Acquisition&#148;). Subject to the
foregoing, the Company, WidePoint and Executive hereby agree 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;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Employment</U>.
The Company agrees to employ Executive in the position set           forth herein and
Executive accepts such employment by the Company upon the terms           and conditions
set forth in this Agreement, for the period beginning on the           closing date of
the Acquisition and ending upon termination pursuant to           paragraph 4 (the &#147;Employment
Period&#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;&nbsp;&nbsp;<U>Compensation
and Benefits</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;          In
consideration for the valuable services to be rendered by Executive and for
          Executive&#146;s agreement not to compete against the Company or WidePoint as
          described in paragraph 6, the Company hereby agrees that commencing on the
          closing date of the Acquisition and for a period of three (3) years immediately
          thereafter, the Company will pay Executive a bi-monthly gross salary at the
          annual rate of $225,000.00 per annum (the &#147;Base Salary&#148;). In
addition,           the Base Salary will be reviewed at least annually by WidePoint for
merit           increases and may, in WidePoint&#146;s discretion, be increased. The Base
Salary           of Executive after the first three (3) years of this Agreement shall be
          determined by the Board of Directors of the Company and the Compensation
          Committee of the Board of Directors of WidePoint, but shall be no less than the
          Base Salary.  </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;          Executive
also shall be entitled to (i) reimbursement for actual business           expenses in
accordance with WidePoint&#146;s policies and procedures in effect           at that
time; (ii) comparable combined paid vacation (of no less than four (4)           weeks
per annum), sick leave and medical and other benefits consistent with           those
received by the most senior executives of Wide Point including, without
          limitation, coverage under a directors and officers liability insurance policy
          (the &#147;Policy&#148;); and (iii) bonus compensation in amounts as determined
          in the reasonable discretion of the Board of Directors of the Company and the
          Compensation Committee of the Board of Directors of WidePoint. Executive shall
          also be entitled to receive stock options from WidePoint as determined in the
          reasonable discretion of the Compensation Committee of the Board of Directors
of           WidePoint.  </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;&nbsp;&nbsp;<U>Services</U>.
During the Employment Period, Executive agrees to devote           Executive&#146;s
commercially reasonable efforts and substantially all of           Executive&#146;s
business time and attention to the business affairs of the           Company, as its
President with duties and authority similar to Executive&#146;s           duties and
authority prior to the date of this Agreement, with the exception           that those
duties and authorities as President shall be in compliance with all           of WidePoint&#146;s
then-current internal controls, policies and procedures,           covenants (each of
which WidePoint will provide to Executive in writing) and           regulatory and
reporting requirements (except for reasonable vacation periods           subject to the
reasonable approval of the Company or WidePoint or reasonable           periods of
illness or other incapacity). During the Employment Period, Executive           agrees to
render such services as the Company may from time to time direct,           consistent
with his position as the President of the Company. During the           Employment
Period, Executive agrees that Executive will not, except with the           prior written
consent of the Company and WidePoint, become engaged in or render           services for
any business other than the business of the Company and WidePoint.           The Company
and WidePoint each agree that during the Employment Period,           Executive shall not
be required to relocate from his current residence. It shall           not be a violation
of this Agreement for the Executive to (A) serve on           corporate, civic or
charitable boards or committees, (B) deliver lectures,           fulfill speaking or
writing engagements or teach at educational institutions,           and (C) manage
personal investments, so long as such activities do not interfere           with the
performance of the Executive&#146;s responsibilities to the Company in
          accordance with 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;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Termination</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
Employment Period will continue from the date of this Agreement unless
          terminated earlier by (a) Executive&#146;s death or permanent disability, (b)
          Executive&#146;s resignation (other than for Good Reason, as hereinafter
          defined) upon ninety (90) days prior written notice to the Company and
          WidePoint, or (c) the Company and/or WidePoint for Cause, as hereinafter
          defined. For the purposes of this Agreement, the term &#147;permanent
          disability&#148; shall be as determined by the relevant insurance company under
          the then-current health care and insurance policies of the Company and/or
          WidePoint which are applicable to Executive.  </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;          For
purposes of this Agreement, &#147;Good Reason&#148; shall mean the           occurrence,
without the Executive&#146;s written consent, of any of the           following
circumstances (except in each case in connection with the termination           of the
Executive&#146;s employment for Cause or disability or as a result of the
          Executive&#146;s death or temporarily as a result of the Executive&#146;s
          illness or other absence): (i) a material breach by the Company of any
provision           of this Agreement including, but not limited to, (A) failure to pay
Base Salary           or benefits after the date when due or (B) the failure to appoint
the Executive           to the position provided for herein, <I>provided</I><I>that</I>,
Executive           provides the Company with written notice of such breach within ninety
(90) days           following the occurrence of such breach specifying in reasonable
detail the           facts and circumstances alleged to constitute such breach and the
Company fails           to cure such breach within thirty (30) days after receipt of such
notice; (ii)           any material adverse alteration or diminution of the Executive&#146;s
position,           duties or responsibilities under this Agreement or the assignment to
the           Executive of duties or responsibilities materially inconsistent with the
          Executive&#146;s position as President of the Company, <I>provided</I><I>that</I>,
Executive provides the Company with written notice of such breach           within ninety
(90) days following the occurrence of such alteration, diminution           or assignment
specifying in reasonable detail the facts and circumstances           alleged to
constitute such alteration, diminution or assignment and the Company           fails to
cure such alteration, diminution or assignment within thirty (30) days           after
receipt of such notice, or (iii) the relocation of the Company&#146;s           principal
executive offices to a location more than 50 miles from its location           as of the
closing date of the Acquisition.  </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;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          For
purpose of this paragraph 4, &#147;Cause&#148; shall mean (i) the repeated
          failure or refusal of Executive to follow the lawful directives of the Company,
          WidePoint or their designee (except due to sickness, injury or disabilities)
          that are consistent with the Executive&#146;s position as the President of the
          Company, <I>provided that</I>, the Company provides the Executive with
          written notice of such breach within ninety (90) days following the occurrence
          of such breach specifying in reasonable detail the facts and circumstances
          alleged to constitute such breach and the Executive fails to cure such breach
          within thirty (30) days after receipt of such notice, (ii) gross inattention to
          duty or any other willful, reckless or grossly negligent act (or omission to
          act) by Executive, which, in the good faith judgment of the Company and
          WidePoint, materially injures the Company or WidePoint, including the repeated
          failure to follow the lawful policies and procedures of the Company or
          WidePoint, which in all cases have been provided to the Executive in writing,
<I>provided that</I>, the Company provides the Executive with written
          notice of such breach within ninety (90) days following the occurrence of such
          breach specifying in reasonable detail the facts and circumstances alleged to
          constitute such breach and the Executive fails to cure such breach within
thirty           (30) days after receipt of such notice, (iii) a material breach of this
          Agreement by Executive <I>provided that</I>, the Company provides the
          Executive with written notice of such breach within ninety (90) days following
          the occurrence of such breach specifying in reasonable detail the facts and
          circumstances alleged to constitute such breach and the Executive fails to cure
          such breach within thirty (30) days after receipt of such notice, or (iv) the
          conviction by Executive of a felony or other crime involving moral turpitude or
          the commission by Executive of an act of financial dishonesty (which for
          purposes of this Agreement shall be defined as an intentional act by the
          Executive to obtain a financial benefit from the Company that he is not legally
          or contractually entitled to) against the Company or WidePoint.  </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.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Consequences
of Termination</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
any termination by the Company for Cause, the death or permanent disability           of
Executive or upon Executive&#146;s decision to leave the Company other than           for
Good Reason, Executive shall be entitled to be paid his Base Salary to the           date
of termination and the Company shall have no further liability hereunder           (other
than for reimbursement for reasonable business expenses incurred prior to           the
date of termination, indemnification in accordance with applicable law, the
          certificate of incorporation, bylaws, other constitutive documents of the
          Company and WidePoint and the Policy and the other vested 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;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Upon
any termination by the Company without Cause or by Executive for Good           Reason,
the Company shall pay to the Executive (i) any unpaid Base Salary           accrued as of
the date of termination, (ii) in the event that the termination           occurs prior to
the third anniversary of the Acquisition, Base Salary at the           annual rate in
effect on the date of termination from such date of termination           until the third
anniversary of the Acquisition (assuming for this purpose that a           termination
had not occurred) in installments in accordance with the           Company&#146;s
ordinary Base Salary payroll practices, (iii) a pro rata portion           of any Bonus
payable in respect of the fiscal year in which the date of           termination occurs,
and (iv) reimbursement of any outstanding business expenses           for which Executive
is entitled to be reimbursed in accordance with this           Agreement up to and
including the date of termination. The Company shall have no           further liability
hereunder (other than for indemnification in accordance with           applicable law,
the certificate of incorporation, bylaws, other constitutive           documents of the
Company and WidePoint and the Policy and the other vested           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;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Non-Compete</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;          In
the event the Employment Period is terminated by the Company for Cause or by
          the Executive other than for Good Reason, then the non-compete provisions of
          this paragraph 6 will apply to Executive. In the event the Employment Period is
          otherwise terminated, such as by the Company without Cause or by the Executive
          for Good Reason, then no part of this paragraph 6 will apply to Executive.  </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;          Executive
recognizes and acknowledges that by virtue of accepting employment           hereunder,
Executive will acquire valuable training and knowledge, enhance           Executive&#146;s
professional skills and experience, and learn proprietary trade           secrets and
Confidential Information of the Company and WidePoint. In           consideration of the
foregoing and this employment contract, Executive agrees           that during the
Employment Period and for two (2) years thereafter (the           &#147;Non-Compete Period&#148;),
Executive will not directly or indirectly           (whether as employee, director,
owner, stockholder, consultant, partner (limited           or general) or otherwise) own,
manage, control, participate in, consult with,           advertise on behalf of, render
services for or in any manner engage in any           competitive business of soliciting
or providing any computer, technology,           information technology (IT), consulting
or any other services and/or products of           any type whatsoever to any federal,
state and/or local governments, agencies,           entities doing business with any such
governments and/or agencies, and/or to any           existing or targeted customers or
clients of the Company and/or WidePoint, that           is competitive with business
conducted by (i) the Company as of the date of           termination or during the period
for the thirty six (36) months prior to the           date of termination, or (ii)
WidePoint as of the date of termination or during           the period for the thirty six
(36) months prior to the date of termination, with           the term &#147;targeted&#148; meaning
customers or clients that the Company or           WidePoint has contacted within the
last twenty-four (24) months prior to the           date of termination of the Employment
Period (with the term           &#147;contacted&#148; to exclude any mass email or mass
regular mailings, mass           media marketing methods or mass telemarketing or meeting
at an industry or trade           function without further action by the Company or
WidePoint); or included in a           sales or strategic plan of the Company or
WidePoint that Executive is aware of           prior to the date of termination of the
Employment Period; nor shall Executive           solicit any other Person to engage in
any of the foregoing activities or           knowingly request, induce or attempt to
influence any then existing or targeted           customers, clients, suppliers,
consultants, or any other Persons who have           engaged in business with the Company
or WidePoint to curtail any business they           are currently, or in the last 36
months have been, transacting with the Company           or WidePoint (the &#147;Non-Compete).
Nothing herein will prevent Executive from           being a passive owner of not more
than 1% of the outstanding stock of any class           of a corporation which is engaged
in a competitive business of the Company or           WidePoint and which is publicly
traded, so long as Executive has no           participation in the business of such
corporation. For the purposes of this           Agreement, such passive ownership of
shares shall not be deemed to constitute           participation in the business of the
corporation. Furthermore, during the           Non-Compete Period, Executive shall not,
without the prior written consent of           each of the Company and WidePoint,
directly or indirectly, knowingly solicit or           encourage or attempt to influence
any existing employee, consultant or other           Person or recruit to leave or
discourage their employment with the Company or           WidePoint. Executive agrees
that the restraint imposed under this paragraph 6 is           reasonable and not unduly
harsh or oppressive. Executive shall be entitled to           provide any prospective
employer with a complete copy 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;          If,
at the time of enforcement of any provision of paragraph 6(b) above, a court           or
arbitrator holds that the restrictions stated therein are unreasonable or
          unenforceable under circumstances then existing, then the Company, WidePoint
and           Executive agree that the maximum period, scope, or geographical area
reasonable           or permissible under such circumstances will be substituted for the
stated           period, scope or area.  </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;          Since
a material purpose of this Agreement is to protect the Company&#146;s and
          WidePoint&#146;s investment in the Executive, including but not limited to the
          purchase price consideration payable to the Employer under the terms of the
          Purchase Agreement, and to secure the benefits of Executive&#146;s background
          and general experience in the industry, the parties hereto agree and
acknowledge           that money damages may not be an adequate remedy for any breach of
the           provisions of this paragraph 6. Therefore, in the event of a breach by
Executive           of any of the provisions of this paragraph 6, the Company, WidePoint
or their           successors or assigns may, in addition to other rights and remedies
existing in           its favor, apply to any court of law or equity of competent
jurisdiction for           specific performance and/or injunctive or other relief in
order to enforce or           prevent any violations of the provisions 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;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Confidential
Information and Inventions</U>. Executive acknowledges that the           information,
data and trade secrets (collectively, &#147;Confidential           Information&#148;)
obtained by Executive during the course of Executive&#146;s           performance under
this Agreement, and previously during Executive&#146;s           employment with the
Company prior to the acquisition of the Company by           WidePoint, concerning the
business or affairs of the Company or WidePoint are           the property of the Company
and WidePoint, respectively. For purposes of this           Agreement, &#147;trade secret&#148; means
any method, program or compilation of           information which is used in the Company&#146;s
or WidePoint&#146;s business,           including but not limited to: (a) techniques,
plans and materials used by the           Company or WidePoint, (b) marketing methods and
strategies employed by the           Company or WidePoint, and (c) all lists of past,
present or targeted customers,           clients, suppliers, business partners, teaming
members and/or other Persons who           have done business with either the Company or
WidePoint. Executive agrees that           Executive will not disclose to any
unauthorized Person or use for           Executive&#146;s own account any of such
Confidential Information without the           written consent of each of the Company and
WidePoint. Executive agrees to           deliver to the Company and WidePoint at the
termination of Executive&#146;s           employment, or at any other time the Company or
WidePoint may request, all           memoranda, notes, plans, records, reports and other
documents (and copies           thereof) relating to the business of the Company or
WidePoint which Executive           may then possess or have under Executive&#146;s
control. Notwithstanding the           terms of this Agreement, Confidential Information
may be disclosed by the           Executive in furtherance of the Company and WidePoint&#146;s
business, when and           to the limited extent compelled by written notice from a
government agency or           when and to the limited extent compelled by legal process
or court order by a           court of competent jurisdiction if the Executive has given
the Company prompt           written notice of such request or order and the Confidential
Information to be           disclosed as far in advance of its disclosure as possible so
that the Company           may seek appropriate protective order or waive compliance by
the Executive, or           in connection with the proposed performance by the Executive
of his duties under           this Agreement, subject to WidePont&#146;s prior approval.
Confidential           Information does not include information which (a) is generally
known to the           industry or the public other than as a result of a breach of this
Agreement or           any other agreements by the Executive, or (b) is or becomes
available to the           Executive on a non-confidential basis from a source other than
the Company or           its subsidiaries or affiliates or their respective directors,
employees or           agents.  </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 will own any and all right, title, or interest that Executive may develop or
establish in any designs, products, discoveries, inventions, original works of authorship,
trade secrets, innovations, improvements, developments, modifications, know-how,
technology, process, management reports, internal reports and memoranda, product
development plans and strategies, customer lists, marketing, pricing, and sales plans,
policies, and strategies, whether or not patentable which Executive conceives, reduces to
practice, devises, develops, discovers, or incorporates in Company products or services,
either alone or jointly, or to which Executive otherwise contributes during the term of
Executive&#146;s employment with the Company, insofar as such may either (a) relate to or
arise out of the business of the Company or WidePoint, whether or not during business
hours and whether or not Company or WidePoint resources are utilized, or (b) involve the
use of Company and/or WidePoint resources, including Executive&#146;s time and attention
during business and/or non-business hours (&#147;Employer Work Product&#148;). Executive
will make a complete and prompt disclosure of all Employer Work Product to the Company and
WidePoint at all times that any such Employer Work Product arises, and Executive hereby
irrevocably and exclusively assigns to the Company and WidePoint, without further
compensation, all rights in all Employer Work Product. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the term of this Agreement and at the sole cost of the Company, Executive will do all
reasonable acts and things as may be reasonably necessary to confirm and vest the entire
right, title and interest in the Employer Work Product in the Company and WidePoint and to
secure to the Company and WidePoint full protection of the same, including without
limitation, the execution and delivery of assignments, patent applications, and other
documents or papers, whether during employment with the Company or any time after
termination of such employment. In order to confirm the rights of the Company and
WidePoint, Executive also will assign to the Company and WidePoint any and all copyrights
and reproduction rights to any written material prepared by Executive during employment
with the Company. In addition to the foregoing, without compensation but at the
Company&#146;s expense, for a period of two (2) years following the termination for any
reason of employment with the Company, Executive, upon reasonable notice by the Company
and WidePoint, will cooperate with the Company and WidePoint in securing or defending the
right, title, and interest of the Company and WidePoint in the Employer Work Product
(subject in all cases to the then obligations and responsibilities of the Executive). </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;Notwithstanding
the foregoing, Executive will retain all right, title and interest in any intellectual
property that is (i) developed exclusively during non-business hours of the Company or
when Executive is not working for the Company; (ii) developed without the use of any
Company resources (including, but not limited to, Company technology, research, materials,
equipment, patient information and patient participation in any test trials); (iii) not in
any way related to the current or prospective business of the Company and/or WidePoint (of
which the Executive is aware); and (iv) disclosed in writing by Executive to WidePoint and
the Company (A) prior to the signing of this Agreement with respect to any intellectual
property that was developed prior to the signing of this Agreement or&nbsp;(B)&nbsp;within
ten (10) days of being conceived or otherwise developed by or on behalf of Executive after
the date of the signing 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;Executive
expressly acknowledges and agrees that Executive has disclosed to the Company and
WidePoint in writing prior to signing this Agreement, any and all designs, discoveries,
inventions, original works of authorship, trade secrets, innovations, improvements,
developments, modifications, know-how, technology, process, management reports, internal
reports and memoranda, customer lists, marketing plans or pricing policies of Executive
(collectively &#147;Executive&#146;s Intellectual Property&#148;), with Executive hereby
irrevocably and exclusively assigning and transferring all Executive&#146;s Intellectual
property to the Company and WidePoint without any further compensation other than the
consideration payable to Executive under the terms of the Purchase Agreement. &nbsp; With
respect to any of Executive&#146;s Intellectual Property (i) that Executive has not
disclosed to the Company or WidePoint pursuant to this paragraph 7 but that is
incorporated into products or services of the Company or WidePoint or brought to the
Company or WidePoint for use in the products or services of the Company or WidePoint or
(ii) that Executive has disclosed in writing to the Company and WidePoint but incorporated
into work performed for the Company and/or WidePoint without the prior written permission
of each of the Company and WidePoint, Executive hereby exclusively assigns and transfers
to the Company and WidePoint, without further compensation, all rights in all such
Executive&#146;s Intellectual Property in accordance with this paragraph 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;8.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Code Section 409A</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;          Unless
otherwise expressly provided, any payment of compensation by the Company           to the
Executive for purposes of Section 409A of the Internal Revenue Code of           1986, as
amended (the &#147;Code&#148;) and the regulations promulgated           thereunder
(Section 409A&#148;), whether pursuant to this Agreement or           otherwise, shall be
made on or before the fifteenth (15th) day of the third           (3rd) month following
the later of the end of the calendar year or the end of           the Company&#146;s
fiscal year, in either case in which the Executive&#146;s           right to such payment
vests (i.e., is not subject to a &#147;substantial risk of           forfeiture&#148; for
purposes of Section 409A or unless delay is permitted           pursuant to Section 409A.
All payments of &#147;nonqualified deferred           compensation&#148; (within the
meaning of Section 409A) by the Company to the           Executive are intended to comply
with the requirements of Section 409A, and this           Agreement shall be interpreted
consistent therewith. Neither the Company nor the           Executive, individually or in
combination, may accelerate any such deferred           payment, except in compliance
with Section 409A, and no amount shall be paid           prior to the earliest date on
which it is permitted to be paid under Section           409A. In the event that the
Executive is determined to be a &#147;key           employee&#148; (as defined in Section
416(i) of the Code (without regard to           paragraph (5) thereof)) of the Company or
its affiliates at a time when the           Company or its affiliates has stock which is
deemed to be publicly-traded on an           established securities market for purposes
of Section 409A, payments determined           to be &#147;nonqualified deferred
compensation&#148; thereunder and payable           following termination of the Executive&#146;s
employment with the Company shall           be made to the Executive no earlier than the
earlier of (i) the last day of the           sixth (6th) complete calendar month
following the month in which occurs the           Executive&#146;s separation from
service with the Company and its affiliates           within the meaning of Code Section
409A, or (ii) the date of the           Executive&#146;s death, consistent with the
provisions of Section 409A. Any           payment delayed by reason of the prior sentence
shall be paid out in a single           lump sum at the end of such required delay period
in order to catch up to the           original payment schedule, without interest
thereon. Notwithstanding anything           herein to the contrary, no amendment may be
made to this Agreement if it would           cause the Agreement or any payment hereunder
to not be in compliance with the           requirements of Section 409A.  </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;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Notwithstanding
anything in this Agreement to the contrary, the parties shall           use commercially
reasonable efforts to make all terms of this Agreement           consistent with and all
payments made pursuant to this Agreement payable at such           times as to not result
in any penalty, interest and/or tax to the Executive           pursuant to the provisions
of Section 409A. If after the date hereof the Company           or WidePoint indemnifies
or otherwise protects any other executive or employee           with regard to any
liability pursuant to Section 409A, then automatically and           without further
action on the part of the Company and/or WidePoint.  </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.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices</U>.
Any notice provided for in this Agreement shall be in writing           and shall be
either personally delivered, sent by overnight courier           (<U>e.g.</U>, Federal
Express) or mailed by first class certified mail, return           receipt requested, to
the recipient at the address below indicated:  </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=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>         To the Company or WidePoint: </FONT></TD>
<TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr.
James T. McCubbin                                                      <BR>c/o WidePoint
Corporation                                                      <BR>One Lincoln Centre,
Suite 1100                                                      <BR>Oakbrook Terrace,
Illinois  60181 </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=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>To Executive: </FONT></TD>
<TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Jin
Kang<BR>1163 Daleview Drive<BR>McLean, Virginia 22102  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>or such other address or to the
attention of such other Person as the recipient party shall have specified by prior
written notice to the sending party. Any notice under this Agreement will be deemed to
have been given when so delivered, sent or mailed. </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;10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Miscellaneous</U>.
Whenever possible, each provision of this Agreement will           be interpreted in such
manner as to be effective and valid under applicable law.           The parties agree
that (i) the provisions of this Agreement shall be severable           in the event that
any of the provisions hereof are for any reason whatsoever           invalid, void or
otherwise unenforceable, (ii) such invalid, void or otherwise           unenforceable
provisions shall be automatically replaced by other provisions           which are as
similar as possible in terms to such invalid, void or otherwise           unenforceable
provisions but are valid and enforceable and (iii) the remaining           provisions
shall remain enforceable to the fullest extent permitted by law. This           Agreement
embodies the complete agreement and understanding among the parties           and
supersedes and preempts any prior understandings, agreements or           representations
by or among the parties, written or oral, which may have related           to the subject
matter hereof in any way. This Agreement may be executed on           separate
counterparts, each of which is deemed to be an original and all of           which taken
together constitute one and the same agreement. This Agreement is           intended to
bind and inure to the benefit of and be enforceable by Executive and           the
Company and WidePoint, and their respective successors and assigns.           Executive
may not assign Executive&#146;s rights or delegate Executive&#146;s           obligations
hereunder without the prior written consent of the Company and           WidePoint. The
Company and WidePoint may assign its respective rights and           delegate its duties
hereunder without the consent of Executive to Permitted           Transferees. All
questions concerning the construction, validity and           interpretation of the
Agreement will be governed by the internal law, and not           the law of conflicts,
of the Commonwealth of Virginia. All parties hereby           consent to subject matter
jurisdiction, personal jurisdiction and venue in the           appropriate federal court
located in or serving the Commonwealth of Virginia for           disputes under this
Agreement. Any provision of this Agreement may be amended or           waived only with
the prior written consent of the Company, WidePoint and           Executive.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Definitions</U>.<B> &#147;Person&#148;</B> shall
mean and include an           individual, a partnership, a joint venture, a corporation,
a trust, an           unincorporated organization, a governmental entity or any
department or agency           thereof, and any other type of entity whatsoever.<B> &#147;Permitted
          Transferee&#148;</B>shall mean WidePoint or a subsidiary, affiliate or
          successor of WidePoint or the Company, provided that in the event of an
          assignment to a subsidiary or affiliate of WidePoint, the Company and WidePoint
          shall remain liable for all of the obligations contained in this Agreement.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>[Remainder of page left
intentionally blank,]  </FONT></P>

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


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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;IN
WITNESS WHEREOF, the parties have executed this Agreement on the day and year first above
written. </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WITNESS:</FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>EXECUTIVE:</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>_________________________</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>____________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Jin Kang</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR>Attest (Seal):</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>ISYS LLC</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;__________________________</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>By:___________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>James T. McCubbin</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steve L. Komar</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Secretary</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;Attest (Seal):</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WIDEPOINT CORPORATION</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;__________________________</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>By:___________________________</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>James T. McCubbin</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steve L. Komar</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Secretary</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman, President &amp; Chief Executive Officer</FONT></TD></TR>
</TABLE>



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

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


</BODY>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>5
<FILENAME>cmw3201d.htm
<DESCRIPTION>COMMERCIAL LOAN AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>



<TABLE CELLPADDING=3 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR>
     <TD COLSPAN=5><HR NOSHADE COLOR=#000000 SIZE=1></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>LOAN NUMBER</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>LOAN NAME</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>ACCT. NUMBER</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>AGREEMENT DATE</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>INITIALS</B></FONT></TD></TR>
<TR VALIGN=Top>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>CL522040275-1</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>WidePoint <BR>Corporation</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>01/02/08</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><BR><B>NOTE AMOUNT</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>INDEX (w/Margin)</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>RATE</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>MATURITY DATE</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>LOAN PURPOSE</B></FONT></TD></TR>
<TR VALIGN=top>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>$5,000,000.00</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>Wall Street Journal<BR>Prime plus 0.250%</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>7.5%</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>04/30/09</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>Commercial</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>Creditor Use Only</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD></TR>
<TR>
     <TD COLSPAN=5><HR NOSHADE COLOR=#000000 SIZE=1></TD></TR>
</TABLE>
<BR>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>COMMERCIAL LOAN
AGREEMENT</B>  <BR>Accounts Receivable and/or Inventory Financing  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>DATE AND PARTIES.</B>  The date of this
 Commercial  Loan  Agreement  (Agreement) is January 2, 2008. The parties and  their
addresses are as follows: </FONT></P>


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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>LENDER:</B> </FONT></TD>
</TR>
</TABLE>
 <BR>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>CARDINAL
BANK </B>          <BR>8270 Greensboro Drive          <BR>Suite 500          <BR>McLean, Virginia  22102 </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>BORROWER:</B>  </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>
<B>WIDEPOINT
CORPORATION</B>           <BR>a Delaware Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>WIDEPOINT
IL, INC.</B>          <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>WP
NBIL, INC.</B>           <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>CHESAPEAKE
GOVERNMENT TECHNOLOGIES, INC.</B>        <BR>a Delaware Corporation          <BR>One Lincoln Centre
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>OPERATIONAL
RESEARCH CONSULTANTS, INC.</B>          <BR>a Virginia Corporation          <BR>11250 Waples Mills,
South Tower          <BR>Suite 250          <BR>Fairfax, Virginia 22030 </FONT></TD>
</TR>
</TABLE>
<BR>

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<B>ISYS,
LLC  </B>         <BR>a Virginia Limited Liability Company          <BR>One Lincoln Center
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </FONT></TD>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          DEFINITIONS.
</B> For the purposes of this Agreement, the following terms have           the following
meanings.  </FONT></P>


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     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Commercial Loan Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD007252000042660221220707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 1&nbsp;</FONT></TD></TR>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
                      Accounting Terms. </B>In this Agreement, any accounting terms that
are not                     specifically defined will have their customary meanings under
generally accepted                     accounting principles.  </FONT></TD>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
                      Insiders. </B>Insiders include those defined as insiders by the
United States                     Bankruptcy Code, as amended; or to the extent left
undefined, include without                     limitation any officer, employee,
stockholder or member, director, partner, or                     any immediate family
member of any of the foregoing, or any person or entity                     which,
directly or indirectly, controls, is controlled by or is under common
                    control with me.  </FONT></TD>
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<B>C.
                      Loan. </B>The Loan refers to this transaction generally, including
obligations                     and duties arising from the terms of all documents
prepared or submitted for                     this transaction.  </FONT></TD>
</TR>
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<B>D.
                      Pronouns. </B>The pronouns &#147;I&#148;, &#147;me&#148; and &#147;my&#148;                    refer
to every Borrower signing this Agreement, individually or together, and
                    their heirs, successors and assigns. &#147;You&#148; and &#147;your&#148; refers
                    to the Loan&#146;s lender, any participants or syndicators, or any
person or                     company that acquires an interest in the Loan and their
successors and assigns.  </FONT></TD>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>E.
                      Property. </B>Property is any property, real, personal or
intangible, that                     secures my performance of the obligations of this
Loan.  </FONT></TD>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>F.
                      Asset-Based Financing Definitions. </B>For the purposes of this
Agreement, the                     following terms will have the following meanings.  </FONT></TD>
</TR>
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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(1)</B> Account Debtors. Account Debtors are persons who are obligated on the
          Accounts Receivable.  </FONT></TD>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(2)
</B> Account Guarantors. Account Guarantors are persons who have guarantied
          certain Accounts Receivable.  </FONT></TD>
</TR>
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<B>(3)
</B> Accounts Receivable. Accounts Receivable will include all of the following.  </FONT></TD>
</TR>
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<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(a)
</B> Accounts and Other Rights to Payment. All rights I have now or in the
          future to payments including, but not limited to, payment for goods and other
          property sold or leased or for services rendered, whether or not I have earned
          such payment by performance. This includes any rights and interests (including
          all guaranties, standby letters of credit, liens and security interests) which
I           may have by law or agreement against any Account Debtor.  </FONT></TD>
</TR>
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<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(b)
</B> General Intangibles. All general intangibles including, but not limited to,
          tax refunds, applications for patents, patents, copyrights, trademarks, trade
          secrets, good will, trade names, customer lists, permits and franchises, and
the           right to use my name.  </FONT></TD>
</TR>
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<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(c)
</B> Proceeds. All proceeds from the disposition or collection of Accounts
          Receivable.  </FONT></TD>
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<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(4)
</B> Eligible Accounts Receivable. Eligible Accounts Receivable include all of
          my Accounts Receivable that are and continue to be acceptable to you in all
          respects. Criteria for eligibility may be revised by you at any time. Eligible
          Accounts Receivable exclude all of the following Accounts Receivable: the
entire           balance of any Accounts Receivable that has been due and owing for more
than 90           days from the invoice dates; all of the remaining Accounts Receivable
owed by an           Account Debtor when this Account Debtor is overdue on one account;
and those           which you in your sole discretion disqualify as an Eligible Account.
Except in           such case where Accounts Receivable are disqualified in relation to
payments not           received within 90 days of the invoice date, Lender shall provide
written           notification to Borrower prior to revising the criteria for
eligibility, or           prior to otherwise disqualifying Accounts Receivable.  </FONT></TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(5)
</B> Inventory. Inventory includes all inventory which I hold for ultimate sale
          or lease, or which has been or will be supplied under contracts of service, or
          which are raw materials, work in process, or materials used or consumed in my
          business.  </FONT></TD>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(6)
</B> Eligible Inventory. Eligible Inventory includes all of my Inventory that is
          and continues to be acceptable to you in all respects. Criteria for eligibility
          may be revised by you at any time. Eligible Inventory excludes all Inventory
          that I do not own or that is subject to a competing claim, lien or encumbrance
          or that which you in your sole discretion disqualify as Eligible Inventory.  </FONT></TD>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(7)
</B> Value of Eligible Inventory. The Value of Eligible Inventory is the lower
          of the Eligible Inventory&#146;s cost or fair market value as determined by
          consistently applied generally accepted accounting principles under the and any
          additional written valuation guidelines you provide me.  </FONT></TD>
</TR>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(8)
</B> Overadvance. An Overadvance is made when advances exceed the maximum
          outstanding Principal balance.  </FONT></TD>
</TR>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>2.           ADVANCES. </B>Advances
under this Agreement are made according to the following           terms and conditions.  </FONT></P>

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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
                      Asset Based Financing &#151; Revolving Draw. </B>In accordance with
the terms                     of this Agreement and other Loan documents, you will
provide me with a revolving                     draw note and the maximum outstanding
principal balance will be the lesser of                     $5,000,000.00 (Principal) or
the Borrowing Base. The Borrowing Base is the sum                     of the following
amounts.  </FONT></TD>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(1)
</B> 80 percent of Eligible Accounts Receivable.  </FONT></TD>
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<B>(2)
</B> 0.00 percent of the Value of Eligible Inventory, not to exceed $0.00.  </FONT></TD>
</TR>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
As
long as I owe any amounts to you under the Loan, I will calculate this Borrowing Base as
of the close of my business day at the end of each month, and within 10 busines days, and
I will provide you with a Borrowing Base Certificate containing an assignment of any
Accounts Receivable and Inventory. The Borrowing Base Certificate will be in form and
substance acceptable to you, will contain my Borrowing Base calculation and will be
certified and signed by me or my officer. My calculation of my Borrowing Base is subject
to your confirmation or redetermination. Your calculation of the Borrowing Base will be
the final determination when your calculation of the Borrowing Base ratio differs from
mine.  </FONT></TD>
</TR>
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<BR>


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<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Commercial Loan Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD007252000042660221220707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 2&nbsp;</FONT></TD></TR>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
                      Requests for Advances. </B>My requests are a warranty that I am in
compliance                     with all the Loan documents. When required by you for a
particular method of                     advance, my requests for an advance must specify
the requested amount and the                     date and be accompanied with any
agreements, documents, and instruments that you                     require for the Loan.
Any payment by you of any check, share draft or other                     charge may, at
your option, constitute an advance on the Loan to me. All                     advances
will be made in United States dollars. I will indemnify you and hold
                    you harmless for your reliance on any request for advances that you
reasonably                     believe to be genuine. To the extent permitted by law, I
will indemnify you and                     hold you harmless when the person making any
request represents that I                     authorized this person to request an
advance even when this person is                     unauthorized or this person&#146;s
signature is not genuine.  </FONT></TD>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
I
or anyone I authorize to act on my behalf may request advances by the following methods.  </FONT></TD>
</TR>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(1)
</B> I make a request in person.  </FONT></TD>
</TR>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(2)
</B> I make a request by phone.  </FONT></TD>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(3)
</B> I make a request by mail.  </FONT></TD>
</TR>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(4)
</B> I make a request by fax. or otherwise designate in writing circumstances
          for which advances will be made.  </FONT></TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>C.
                      Advance Limitations. </B>In addition to any other Loan conditions,
requests                     for, and access to, advances are subject to the following
limitations.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(1)
</B> Discretionary Advances. You will make all Loan advances at your sole
          discretion.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(2)
</B> Advance Amount. Subject to the terms and conditions contained in this
          Agreement, advances will be made in exactly the amount I request.  </FONT></TD>
</TR>
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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(3)
</B> Disbursement of Advances. On my fulfillment of this Agreement&#146;s terms
          and conditions, you will disburse the advance in any manner as you and I agree.  </FONT></TD>
</TR>
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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(4)
</B> Credit Limit. I understand that you will not ordinarily grant a request for
          an advance that would cause the unpaid principal of my Loan to be greater than
          the Principal limit. You may, at your option, grant such a request without
          obligating yourselves to do so in the future.  </FONT></TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(5)
</B> Records. Your records will be conclusive evidence as to the amount of
          advances, the Loan&#146;s unpaid principal balances and the accrued interest.  </FONT></TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(6)
</B> Repayment Of Overadvances. I will pay any Overadvances in addition to my
          regularly scheduled payments. I will repay any Overadvance by repaying you in
          full within one day after the Overadvance occurs, except I may repay an
          Overadvance of $100.00 or less within 3 days if the outstanding Principal
          balance, including the excess, does not exceed the liquidation value of
Accounts           Receivable and Inventory and the Overadvance resulted from you
declaring           ineligible previously Eligible Accounts Receivable and Inventory.
Otherwise, I           will repay any Overadvance by making periodic payments to you as
you request.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>D.
                      Conditions. </B>I will satisfy all of the following conditions
before you                     either issue any promissory notes or make any advances
under this Agreement.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(1)
</B> No Default. There has not been a default under this Agreement or other Loan
          documents nor would a default result from making the Loan or any advance.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(2)
</B>Information. You have received all documents, information, certifications
          and warranties as you may require, all properly executed, if appropriate, on
          forms acceptable to you. This includes, but is not limited to, the documents
and           other items listed in the Loan Checklist Report which is hereby
incorporated by           reference into this Agreement.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(3)
</B> Inspections. You have made all inspections that you consider necessary and
          are satisfied with this inspection.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(4)
</B> Conditions and Covenants. I will have performed and complied with all
          conditions required for an advance and all covenants in this Agreement and any
          other Loan documents.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(5)
</B> Warranties and Representations. The warranties and representations
          contained in this Agreement are true and correct at the time of making the
          requested advance.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(6)
</B> Financial Statements. My most recent financial statements, Inventory or
          Accounts Receivable schedules and other financial reports, delivered to you,
are           current, complete, true and accurate in all material respects and fairly
          represent my financial condition.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(7)
</B> Bankruptcy Proceedings. No proceeding under the United States Bankruptcy
          Code has been commenced by or against me or any of my affiliates.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>3.                       DEMAND.
</B> I will repay the Loan by April 30, 2009, which is the current
                    maturity date of the Loan, subject to any renewal or extension of
this maturity                     by the Lender.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>4.
                      WARRANTIES AND REPRESENTATIONS. </B>I make to you the following
warranties and                     representations which will continue as long as this
Loan is in effect, except                     when this Agreement provides otherwise.  </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
                      Power. </B>I am duly organized, and validly existing and in good
standing in                     all jurisdictions in which I operate. I have the power
and authority to enter                     into this transaction and to carry on my
business or activity as it is now being                     conducted and, as applicable,
am qualified to do so in each jurisdiction in                     which I operate.  </FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Commercial Loan Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD007252000042660221220707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 3&nbsp;</FONT></TD></TR>
</TABLE>



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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
                      Authority. </B>The execution, delivery and performance of this Loan
and the                     obligation evidenced by the Note are within my powers, have
been duly                     authorized, have received all necessary governmental
approval, will not violate                     any provision of law, or order of court or
governmental agency, and will not                     violate any agreement to which I am
a party or to which I am or any of my                     property is subject.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>C.
                      Name and Place of Business. </B>Other than previously disclosed in
writing to                     you I have not changed my name or principal place of
business within the last 10                     years and have not used any other trade
or fictitious name. Without your prior                     written consent, I do not and
will not use any other name and will preserve my                     existing name, trade
names and franchises.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>D.
                      Loan Purpose. </B>This Loan is for Commercial purposes.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>E.
                      No Other Liens. </B>I own or lease all property that I need to
conduct my                     business and activities. I have good and marketable title
to all property that I                     own or lease. All of my Property is free and
clear of all liens, security                     interests, encumbrances and other
adverse claims and interests, except those to                     you or those you
consent to in writing.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>F.
                      Compliance With Laws. </B>I am not violating any laws, regulations,
rules,                     orders, judgments or decrees applicable to me or my property,
except for those                     which I am challenging in good faith through proper
proceedings after providing                     adequate reserves to fully pay the claim
and its challenge should I lose.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>5.
                      FINANCIAL STATEMENTS. </B>I will prepare and maintain my financial
records                     using consistently applied generally accepted accounting
principles then in                     effect. I will provide you with financial
information in a form that you accept                     and under the following terms.  </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
                      Certification. </B>I represent and warrant that any financial
statements that I                     provide you fairly represents my financial
condition for the stated periods, is                     current, complete, true and
accurate in all material respects, includes all of                     my direct or
contingent liabilities and there has been no material adverse                     change
in my financial condition, operations or business since the date the
                    financial information was prepared.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
                      Frequency. </B>Annually, I will provide to you my financial
statements, tax                     returns, annual internal audit   reports or those
prepared by independent accountants as soon as available or at least within 120 days
after the close of each of my fiscal years. Any annual financial statements that I
provide you will be audited statements.  </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>
<B>(1)
</B> Interim Financial Reports. Each fiscal quarter, I will provide to you my
          financial statements, internal audit reports or those prepared by independent
          accountants, tax reports, statements of cash flow, budgets and forecasts,
          certificates and schedules of Property as soon as available or at least within
          60 days after the close of this business period. Any interim financial
          statements that I provide you will be certified for the purposes of 10Q
          financial reporting.  </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>
<B>(2)
</B> Inventory Schedule. Each month (reporting period), I will provide you with
          an Inventory schedule within 20 days after the end of this reporting period or
          with the frequency and promptness you otherwise request. The Inventory schedule
          will list the cost and wholesale value of all Inventory and all Eligible
          Inventory. The Inventory schedule will also identify whether a bailee has
          possession of the Inventory and whether the Inventory is represented by a
          warehouse receipt, bill of lading or similar documents or instruments. The
          Inventory schedule will identify the Accounts Receivable, contracts,
collections           and property relating to the Inventory.  </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>
<B>(3)
</B> Accounts Receivable Schedule. Each month (reporting period), I will provide
          you with an Accounts Receivable schedule within 10 days after the end of this
          reporting period or with the frequency and promptness you otherwise request.
The           Accounts Receivable schedule will assign the Accounts Receivable to you and
will           list the Account Debtor&#146;s name, address, phone number and amounts and
dates           due, documents and instruments evidencing and creating the account and
aged           reports of the Accounts Receivable. At your request, I will also include
copies           of customers&#146; invoices, evidence of shipment or delivery and any
other           information that you request.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>C.
                      Requested Information. </B>I will provide you with any other
information about                     my operations, financial affairs and condition
within 30 days after your                     request.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>6.
                      COVENANTS. </B>Until the Loan and all related debts, liabilities
and                     obligations are paid and discharged, I will comply with the
following terms,                     unless you waive compliance in writing.  </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
                      Participation. </B>I consent to you participating or syndicating
the Loan and                     sharing any information that you decide is necessary
about me and the Loan with                     the other participants or syndicators.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
                      Inspection. </B>Upon reasonable notice, I will permit you or your
agents to                     enter any of my premises and any location where my Property
is located during                     regular business hours to do the following.  </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>
<B>(1)
</B> You may inspect, audit, check, review and obtain copies from my books,
          records, journals, orders, receipts, and any correspondence and other business
          related data.  </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>
<B>(2)
</B> You may discuss my affairs, finances and business with any one who provides
          you with evidence that they are a creditor of mine, the sufficiency of which
          will be subject to your sole discretion.  </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>
<B>(3)
</B> You may inspect my Property, audit for the use and disposition of the
          Property&#146;s proceeds and proceeds of proceeds; or do whatever you decide is
          necessary to preserve and protect the Property and your interest in the
          Property.  </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Commercial Loan Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD007252000042660221220707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 4&nbsp;</FONT></TD></TR>
</TABLE>


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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
After
prior notice to me, you may discuss my financial condition and business operations with
my independent accountants, if any, or my chief financial officer and I may be present
during these discussions. As long as the Loan is outstanding, I will direct all of my
accountants and auditors to permit you to examine my records in their possession and to
make copies of these records. You will use your best efforts to maintain the
confidentiality of the information you or your agents obtain, except you may provide your
regulator, if any, with required information about my financial condition, operation and
business or that of my parent, subsidiaries or affiliates.  </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>
<B>C.
                      Business Requirements. </B>I will preserve and maintain my present
existence                     and good standing in the jurisdiction where I am organized
and all of my rights,                     privileges and franchises. I will do all that
is needed or required to continue                     my business or activities as
presently conducted, by obtaining licenses, permits                     and bonds
everywhere I engage in business or activities or own, lease or locate
                    my property. I will obtain your prior written consent before I cease
my business                     or before I engage in any new line of business that is
materially different from                     my present business.  </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>
<B>D.
                      Compliance with Laws. </B>I will not violate any laws, regulations,
rules,                     orders, judgments or decrees applicable to me or my Property,
except for those                     which I challenge in good faith through proper
proceedings after providing                     adequate reserves to fully pay the claim
and its appeal should I lose. Laws                     include without limitation the
Federal Fair Labor Standards Act requirements for                     producing goods,
the federal Employee Retirement Income Security Act of                     1974&#145;s
requirements for the establishment, funding and management of
                    qualified deferred compensation plans for employees, health and
safety laws,                     environmental laws, tax laws, licensing and permit laws.
On your request, I will                     provide you with written evidence that I have
fully and timely paid my taxes,                     assessments and other governmental
charges levied or imposed on me, my income or                     profits and my
property. Taxes include without limitation sales taxes, use                     taxes,
personal property taxes, documentary stamp taxes, recordation taxes,
                    franchise taxes, income taxes, withholding taxes, FICA taxes and
unemployment                     taxes. I will adequately provide for the payment of
these taxes, assessments and                     other charges that have accrued but are
not yet due and payable.  </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>
<B>E.
                      New Organizations. </B>I will obtain your written consent and any
necessary                     changes to the Loan documents before I organize or
participate in the                     organization of any entity, merge into or
consolidate with any one, permit any                     one else to merge into me,
acquire all or substantially all of the assets of any                     one else or
otherwise materially change my legal structure, management,                     ownership
or financial condition.  </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>
<B>F.
                      Other Liabilities. </B>I will not incur, assume or permit any debt
evidenced by                     notes, bonds or similar obligations, except in the
following allowable                     circumstances: debt in existence on the date of
this Agreement and fully                     disclosed to you; debt subordinated in
payment to you on conditions and terms                     acceptable to you; accounts
payable incurred in the ordinary course of my                     business and paid under
customary trade terms or contested in good faith with                     reserves
satisfactory to you, and any other debt so requested by the Borrower
                    for which written approval is provided in advance by the Lender.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>G.
                      Notice to You. </B>I will promptly notify you of any material
change in my                     financial condition, of the occurrence of a default
under the terms of this                     Agreement, or a default by me under any
agreement between me and any third party                     which materially and
adversely affects my property, operations, financial                     condition or
business.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>H.
                      Dispose of No Assets. </B>Without your prior written consent or as
the Loan                     documents permit, I will not sell, lease, assign, transfer,
dispose of or                     otherwise distribute all or substantially all of my
assets to any person other                     than in the ordinary course of business
for the assets&#146; depreciated book                     value or more.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>I.
                      Insurance. </B>I will obtain and maintain insurance with insurers,
in amounts                     and coverages that are acceptable to you and customary
with industry practice.                     This may include without limitation insurance
policies for public liability,                     fire, hazard and extended risk,
workers compensation, and, at your request,                     business interruption
and/or rent loss insurance. At your request, I will                     deliver to you
certified copies of all of these insurance policies, binders or
                    certificates. I will obtain and maintain a mortgagee or loss payee
endorsement                     for you when these endorsements are available. I will
immediately notify you of                     cancellation or termination of insurance. I
will require all insurance policies                     to provide you with at least 10
days prior written notice to you of cancellation                     or modification. I
consent to you using or disclosing information relative to                     any
contract of insurance required by the Loan for the purpose of replacing this
                    insurance. I also authorize my insurer and you to exchange all
relevant                     information related to any contract of insurance required by
any document                     executed as part of this Loan.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>J.
                      Property Maintenance. </B>I will keep all tangible and intangible
property that                     I consider necessary or useful in my business in good
working condition by                     making all needed repairs, replacements and
improvements and by making all                     rental, lease or other payments due on
this property.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>K.
                      Property Loss. </B>I will immediately notify you, and the insurance
company                     when appropriate, of any material casualty, loss or
depreciation to the Property                     or to my other property that affects my
business.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>L.
                      Minimum Current Ratio. </B>I will maintain at all times a ratio of
current                     assets to current liabilities, determined under consistently
applied generally                     accepted accounting principles, of 1.0:1 or more.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>M.
                      Additional Covenants. </B>The following additional terms are
incorporated                     herein.  </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Commercial Loan Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD007252000042660221220707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 5&nbsp;</FONT></TD></TR>
</TABLE>


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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
BORROWING
BASE (ADVANCES) and DIRECT ASSIGNMENT OF CONTRACTS. The sum of the Borrowing Base defined
herein in the section entitled &#147;2.ADVANCES&#148; is amended to include the
following: &#147;(3) 90 percent of those Eligible Accounts Receivable related to payments
due under contracts with the Unites States Government for which the Borrower is the
primary contractor, provided such contracts have been assigned, as such may be
assignable, to the Lender in full compliance with the Assignment of Claims Act or 1940,
as amended (31 U.S.C. 3727, 41 U.S.C. Section 15)&#148; and &#147;(4) Borrowing Base to
be reduced by the outstanding principal balance owed under that certain Promissory Note
from Borrower to Lender in the principal amount of $2,000,000.00 dated January 2, 2008.&#148; It
is further noted that the component of the Borrowing Base described under item &#147;(1)&#148;includes
all Eligible Accounts Receivable note included under item &#147;(3)&quot;.  </FONT></TD>
</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
MINIMUM
TANGIBLE NET WORTH. Borrower will maintain a tangible net worth, determined under
consistently applied generally accepted accounting principles, according to the following
schedule: (a) tangible net worth of $750,000.00 or more as measured immediately upon the
Prior Borrower&#146;s (&#147;Prior Borrower&#148; being WidePoint Corporation, Widepoint
IL, Inc., WP NBIL, Inc., Chesapeake Government Technologies, Inc., and Operational
Research Consultants, Inc.) acquisition of iSYS, LLC.; (b) tangible net worth of
$1,500,000.00 or more as measured at the fiscal period ending June 30, 2008; (c) tangible
net worth of $3,000,000.00 or more as measured at the fiscal period ending December 31,
2008. Tangible net worth is the amount that total assets exceed total liabilities. For
determining tangible net worth, total assets will exclude all intangible assets,
including without limitation, goodwill, patents, trademarks, trade names, copyrights, and
franchises, and will also exclude all Accounts Receivable owed by Insiders, that do not
provide for a repayment schedule. For determining tangible net worth, total liabilities
shall exclude obligations to Insiders which have been subordinated to Lender&#146;s
indebtedness.  </FONT></TD>
</TR>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
DEBT
SERVICE COVERAGE RATIO. Borrower will maintain a debt service coverage ratio, determined
under consistently applied generally accepted accounting principles, according to the
following schedule: (a) a debt service coverage ratio of 1.50:1 or more as measured at
the fiscal period ending June 30, 2008; (b) a debt service coverage ratio of 2.00:1 or
more as measured at the fiscal period ending December 31, 2008. For the purposes of this
agreement, debt service coverage is defined as the ratio of earnings before interest,
taxes, depreciation, amortization, and &#147;123R&#148;-related expenses (&#147;EBITDA&#148;)
to principal and interest payments on debt. For the purposes of this calculation, the
debt shall exclude Borrower debt which has been subordinated to the Lender&#146;s debt.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
EBITDA.
                      Borrower will maintain a minimum level of earnings before interest,
taxes,                     depreciation, amortization, and &#147;123R&#148;-related
expenses                     (&#147;EBITDA&#148;), determined under consistently applied
generally accepted                     accounting principles, of $300,000.00 as measured
for the quarter ending                     December 31, 2007.  </FONT></TD>
</TR>
</TABLE>
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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
RATIO
OF FUNDED DEBT TO EBITDA. Borrower will maintain a maximum ratio of funded debt to EBITDA
(as defined above), determined under consistently applied generally accepted accounting
principles, according to the following schedule: (a) a maximum ratio of 4.0:1 as measured
at the six month period ending June 30, 2008; (b) a maximum ratio of 3.0:1 as measured at
the fiscal year ending December 31, 2008. For the purposes of this calculation, funded
debt shall be defined as all balances due under short-term debt, long-term debt, and
including subordinated debt.  </FONT></TD>
</TR>
</TABLE>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>7.             DEFAULT.
</B>I understand that you may demand payment anytime at your                discretion.
However, it is understood that Lender will not exercise any of its                allowed
remedies without first: (a) providing written notification to Borrower                of
the event of default, and (b) observing any response period that it allows
               for in said notification. For example, you may demand payment in full if
any of                the following occur:  </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
          Payments. </B>I fail to make a payment in full when due.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
                      Insolvency or Bankruptcy. </B>I make an assignment for the benefit
of creditors                     or become insolvent, either because my liabilities
exceed my assets or I am                     unable to pay my debts as they become due;
or I petition for protection under                     federal, state or local
bankruptcy, insolvency or debtor relief laws, or am the                     subject of a
petition or action under such laws and fail to have the petition or
                    action dismissed within a reasonable period of time not to exceed 60
days.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>C.
                      Business Termination. </B>I merge, dissolve, reorganize, end my
business or                     existence, or a partner or majority owner dies or is
declared legally                     incompetent.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>D.
                      Failure to Perform. </B>I fail to perform any condition or to keep
any promise                     or covenant of this 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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>E.
                      Other Documents. </B>A default occurs under the terms of any other
transaction                     document.  </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>
<B>F.
                      Other Agreements. </B>I am in default on any other debt or
agreement I have                     with you.  </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>
<B>G.
                      Misrepresentation. </B>I make any verbal or written statement or
provide any                     financial information that is untrue, inaccurate, or
conceals a material fact at                     the time it is made or provided.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>H.
                      Judgment. </B>I fail to satisfy or appeal any judgment against me.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>I.
                      Forfeiture. </B>The Property is used in a manner or for a purpose
that                     threatens confiscation by a legal authority.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>J.
                      Name Change. </B>I change my name or assume an additional name
without                     notifying you before making such a change.  </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Commercial Loan Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD007252000042660221220707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 6&nbsp;</FONT></TD></TR>
</TABLE>


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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>K.
                      Property Transfer. </B>I transfer all or a substantial part of my
money or                     property.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>L.
                      Property Value. </B>The value of the Property declines or is
impaired.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>M.
                      Material Change. </B>Without first notifying you, there is a
material change in                     my business, including ownership, management, and
financial conditions.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>8.
                      REMEDIES. </B>After I default, and after you give any legally
required notice                     and opportunity to cure the default, you may at your
option do any one or more                     of the following.  </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
                      Acceleration. </B>You may make all or any part of the amount owing
by the terms                     of the Loan immediately due.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
                      Sources. </B>You may use any and all remedies you have under state
or federal                     law or in any instrument securing the Loan.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>C.
                      Insurance Benefits. </B>You may make a claim for any and all
insurance benefits                     or refunds that may be available on my default.  </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>
<B>D.
                      Payments Made On My Behalf. </B>Amounts advanced on my behalf will
be                     immediately due and may be added to the balance owing under the
terms of the                     Loan, and accrue interest at the highest post-maturity
interest rate.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>E.
                      Termination. </B>You may terminate my right to obtain advances and
may refuse                     to make any further extensions of credit.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>F.
                      Set-Off. </B>You may use the right of set-off. This means you may
set-off any                     amount due and payable under the terms of the Loan
against any right I have to                     receive money from you. My right to
receive money from you includes any deposit                     or share account balance
I have with you; any money owed to me on an item                     presented to you or
in your possession for collection or exchange; and any                     repurchase
agreement or other non-deposit obligation. &#147;Any amount due and
                    payable under the terms of the Loan&#148; means the total amount to
which you                     are entitled to demand payment under the terms of the Loan
at the time you                     set-off.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Subject
to any other written contract, if my right to receive money from you is also owned by
someone who has not agreed to pay the Loan, your right of set-off will apply to my
interest in the obligation and to any other amounts I could withdraw on my sole request
or endorsement.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Your
right of set-off does not apply to an account or other obligation where my rights arise
only in a representative capacity. It also does not apply to any Individual Retirement
Account or other tax-deferred retirement account.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
You
will not be liable for the dishonor of any check when the dishonor occurs because you
set-off against any of my accounts. I agree to hold you harmless from any such claims
arising as a result of your exercise of your right of set-off.  </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>
<B>G.
                      Waiver. </B>Except as otherwise required by law, by choosing any
one or more of                     these remedies you do not give up your right to use
any other remedy. You do not                     waive a default if you choose not to use
a remedy. By electing not to use any                     remedy, you do not waive your
right to later consider the event a default and to                     use any remedies
if the default continues or occurs again.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>9.
                      COLLECTION EXPENSES AND ATTORNEYS&#146; FEES. </B>On or after
Default, to the                     extent permitted by law, I agree to pay all expenses
of collection, enforcement                     or protection of your rights and remedies
under this Agreement. Expenses include                     (unless prohibited by law)
reasonable attorneys&#146; fees, court costs, and                     other legal
expenses. These expenses are due and payable immediately. If not                     paid
immediately, these expenses will bear interest from the date of payment
                    until paid in full at the highest interest rate in effect as provided
for in the                     terms of this Loan. All fees and expenses will be secured
by the Property I have                     granted to you, if any. To the extent
permitted by the United States Bankruptcy                     Code, I agree to pay the
reasonable attorneys&#146; fees you incur to collect                     this debt as
awarded by any court exercising jurisdiction under the Bankruptcy
                    Code.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>10.
                      APPLICABLE LAW. </B>This Agreement is governed by the laws of
Virginia, the                     United States of America and to the extent required, by
the laws of the                     jurisdiction where the Property is located. In the
event of a dispute, the                     exclusive forum, venue and place of
jurisdiction will be in Virginia, unless                     otherwise required by law.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>11.                       JOINT
AND INDIVIDUAL LIABILITY AND SUCCESSORS. </B>My obligation to pay this
                    Loan is independent of the obligation of any other person who has
also agreed to                     pay it. You may sue me alone, or anyone else who is
obligated on this Loan, or                     any number of us together, to collect this
Loan. Extending this Loan or new                     obligations under this Loan, will
not affect my duty under this Loan and I will                     still be obligated to
pay this Loan. The duties and benefits of this Loan will                     bind and
benefit the successors and assigns of you and me.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>12.
                      AMENDMENT, INTEGRATION AND SEVERABILITY. </B>This Agreement may not
be amended                     or modified by oral agreement. No amendment or
modification of this Agreement is                     effective unless made in writing
and executed by you and me. This Agreement is                     the complete and final
expression of the understanding between you and me. If                     any provision
of this Agreement is unenforceable, then the unenforceable                     provision
will be severed and the remaining provisions will still be
                    enforceable.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>13.
                      INTERPRETATION. </B>Whenever used, the singular includes the plural
and the                     plural includes the singular. The section headings are for
convenience only and                     are not to be used to interpret or define the
terms of this Agreement.  </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Commercial Loan Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD007252000042660221220707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 7&nbsp;</FONT></TD></TR>
</TABLE>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>14.                       NOTICE,
FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. </B>Unless otherwise
                    required by law, any notice will be given by delivering it or mailing
it by                     first class mail to the appropriate party&#146;s address listed
in the DATE AND                     PARTIES section, or to any other address designated
in writing. Notice to one                     party will be deemed to be notice to all
parties. I will inform you in writing                     of any change in my name,
address or other application information. I will                     provide you any
financial statement or information you request. All financial
                    statements and information I give you will be correct and complete. I
agree to                     sign, deliver, and file any additional documents or
certifications that you may                     consider necessary to perfect, continue,
and preserve my obligations under this                     Loan and to confirm your lien
status on any Property. Time is of the essence.  </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>15. SIGNATURES.</B> By signing
under seal, I agree to the terms contained in                     this Agreement. I also
acknowledge receipt of a copy of this Agreement.  </FONT></P>

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


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH>
     <TH><FONT FACE="Times New Roman" SIZE=1></FONT></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=10% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD WIDTH=90% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WidePoint Corporation</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Widepoint IL, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WP NBIL, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Chesapeake Government Technologies, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Operational Research Consultants, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>iSYS, LLC</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
</TABLE>

<BR><BR><BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Commercial Loan Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD007252000042660221220707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 8&nbsp;</FONT></TD></TR>
</TABLE>


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<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>6
<FILENAME>cmw3201e.htm
<DESCRIPTION>SECURITY AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SECURITY AGREEMENT </FONT><HR ALIGN=LEFT WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></H1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>DATE AND PARTIES.</B> The date of this
Security Agreement (Agreement) is January 2, 2008.  The parties and their addresses are: </FONT></P>




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<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<b>SECURED
PARTY:</b> </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>CARDINAL
BANK</B>           <BR>8270 Greensboro Drive          <BR>Suite 500          <BR>McLean, Virginia  22102 </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<b>DEBTOR:</b> </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>WIDEPOINT
CORPORATION</B>          <BR>a Delaware Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>WIDEPOINT
IL, INC.</B>          <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>WP
NBIL, INC.</B>          <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100         <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>CHESAPEAKE
GOVERNMENT TECHNOLOGIES, INC.</B>          <BR>a Delaware Corporation          <BR>One Lincoln Centre
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>OPERATIONAL
RESEARCH CONSULTANTS, INC.</B>          <BR>a Virginia Corporation          <BR>11250 Waples Mills,
South Tower          <BR>Suite 250          <BR>Fairfax, Virginia 22030 </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>
<B>ISYS,
LLC </B>         <BR>a Virginia Limited Liability Company          <BR>One Lincoln Center
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </FONT></TD>
</TR>
</TABLE>
<BR>












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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The pronouns &#147;you&#148; and
&#147;your&#148; refer to the Secured Party. The pronouns &#147;I,&#148; &#147;me&#148; and
&#147;my&#148; refer to each person or entity signing this Agreement as Debtor and
agreeing to give the Property described in this Agreement as security for the Secured
Debts.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>1.           SECURED DEBTS. </B>This
Agreement will secure the following Secured Debts:  </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>
<B>A.
            Specific Debts. </B>The following debts and all extensions, renewals,
          refinancings, modifications and replacements. A promissory note or other
          agreement, No. CL522040275-1, dated January 2, 2008, from me to you, in the
          amount of $5,000,000.00.  </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>
<B>B.
          Sums Advanced. </B>All sums advanced and expenses incurred by you under the
          terms of this Agreement.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>2.                       SECURITY
INTEREST. </B>To secure the payment and performance of the Secured
                    Debts, I give you a security interest in all of the Property
described in this                     Agreement that I own or have sufficient rights in
which to transfer an interest,                     now or in the future, wherever the
Property is or will be located, and all                     proceeds and products from
the Property (including, but not limited to, all                     parts, accessories,
repairs, replacements, improvements, and accessions to the                     Property).
Property is all the collateral given as security for the Secured
                    Debts and described in this Agreement, and includes all obligations
that support                     the payment or performance of the Property. &#147;Proceeds&#148; includes
                    anything acquired upon the sale, lease, license, exchange, or other
disposition                     of the Property; any rights and claims arising from the
Property; and any                     collections and distributions on account of the
Property.  </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266024123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 1&nbsp;</FONT></TD></TR>
</TABLE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This Agreement remains in effect
until terminated in writing, even if the Secured Debts are paid and you are no longer
obligated to advance funds to me under any loan or credit agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>3.           PROPERTY
DESCRIPTION. </B>The Property is described as follows:  </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>
<B>A.
                    Inventory. </B>All inventory which I hold for ultimate sale or lease,
or which                     has been or will be supplied under contracts of service, or
which are raw                     materials, work in process, or materials used or
consumed in my business.  </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>
<B>B.
            Accounts and Other Rights to Payment. </B>All rights I have now or in the
          future to payments including, but not limited to, payment for property or
          services sold, leased, rented, licensed, or assigned, whether or not I have
          earned such payment by performance. This includes any rights and interests
          (including all liens and security interests) which I may have by law or
          agreement against any Account Debtor or obligor of mine.  </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>
<B>C.
            General Intangibles. </B>All general intangibles including, but not limited
to,           tax refunds, applications for patents, patents, copyrights, trademarks,
trade           secrets, good will, trade names, customer lists, permits and franchises,
payment           intangibles, computer programs and all supporting information provided
in           connection with a transaction relating to computer programs, and the right
to           use my name.  </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>
<B>D.
            Equipment. </B>All equipment including, but not limited to, all machinery,
          vehicles, furniture, fixtures, manufacturing equipment, farm machinery and
          equipment, shop equipment, office and recordkeeping equipment, and parts and
          tools. All equipment described in a list or schedule which I give to you will
          also be included in the Property, but such a list is not necessary for a valid
          security interest in my equipment.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>4.
                      WARRANTIES AND REPRESENTATIONS. </B>I make to you the following
warranties and                     representations which will continue as long as this
Agreement is in effect:  </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>
<B>A.
                    Power. </B>I am duly organized, and validly existing and in good
standing in all                     jurisdictions in which I operate. I have the power
and authority to enter into                     this transaction and to carry on my
business or activity as it is now being                     conducted and, as applicable,
am qualified to do so in each jurisdiction in                     which I operate.  </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>
<B>B.
                    Authority. </B>The execution, delivery and performance of this
Agreement and the                     obligation evidenced by this Agreement are within
my powers, have been duly                     authorized, have received all necessary
governmental approval, will not violate                     any provision of law, or
order of court or governmental agency, and will not                     violate any
agreement to which I am a party or to which I am or any of my
                    property is subject.  </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>
<B>C.
            Name and Location. </B>My name indicated in the DATE AND PARTIES section is
my           exact legal name. WidePoint Corporation is an organization registered under
the           laws of Delaware. Widepoint IL, Inc. is an organization registered under
the           laws of Illinois. WP NBIL, Inc. is an organization registered under the
laws of           Illinois. Chesapeake Government Technologies, Inc. is an organization
registered           under the laws of Delaware. Operational Research Consultants, Inc.
is an           organization registered under the laws of Virginia. iSYS, LLC is an
organization           registered under the laws of Virginia. I will provide verification
of           registration and location upon your request. I will provide you with at
least 30           days notice prior to any change in my name, address, or state of
organization or           registration.  </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>
<B>D.
            Business Name. </B>Other than previously disclosed in writing to you I have
not           changed my name or principal place of business within the last 10 years and
have           not used any other trade or fictitious name. Without your prior written
consent,           I do not and will not use any other name and will preserve my existing
name,           trade names and franchises.  </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>
<B>E.
            Ownership of Property. </B>I represent that I own all of the Property. Your
          claim to the Property is ahead of the claims of any other creditor, except as
          disclosed in writing to you prior to any advance on the Secured Debts. I
          represent that I am the original owner of the Property and, if I am not, that I
          have provided you with a list of prior owners of the Property.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>5. DUTIES TOWARD PROPERTY. </B> </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>
<B>A.
            Protection of Secured Party&#146;s Interest. </B>I will defend the Property
          against any other claim. I agree to do whatever you require to protect your
          security interest and to keep your claim in the Property ahead of the claims of
          other creditors. I will not do anything to harm your position.  </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>
I
will keep books, records and accounts about the Property and my business in general. I
will let you examine these and make copies at any reasonable time. I will prepare any
report or accounting you request which deals with the Property.  </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>
<B>B.
            Use, Location, and Protection of the Property. </B>I will keep the Property
in           my possession and in good repair. I will use it only for commercial
purposes. I           will not change this specified use without your prior written
consent. You have           the right of reasonable access to inspect the Property and I
will immediately           inform you of any loss or damage to the Property. I will not
cause or permit           waste to the Property.  </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>
I
will keep the Property at my address listed in the DATE AND PARTIES section unless we
agree I may keep it at another location. If the Property is to be used in other states, I
will give you a list of those states. The location of the Property is given to aid in the
identification of the Property. It does not in any way limit the scope of the security
interest granted to you. I will notify you in writing and obtain your prior written
consent to any change in location of any of the Property. I will not use the Property in
violation of any law. I will notify you in writing prior to any change in my address,
name or, if an organization, any change in my identity or structure.  </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266024123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 2&nbsp;</FONT></TD></TR>
</TABLE>



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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>
Until
the Secured Debts are fully paid and this Agreement is terminated, I will not grant a
security interest in any of the Property without your prior written consent. I will pay
all taxes and assessments levied or assessed against me or the Property and provide
timely proof of payment of these taxes and assessments upon request.  </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>
<B>C.
            Selling, Leasing or Encumbering the Property. </B>I will not sell, offer to
          sell, lease, or otherwise transfer or encumber the Property without your prior
          written permission, except for Inventory sold in the ordinary course of
business           at fair market value, or at a minimum price established between you
and me. If I           am in default under this Agreement, I may not sell the Inventory
portion of the           Property even in the ordinary course of business. Any
disposition of the           Property contrary to this Agreement will violate your
rights. Your permission to           sell the Property may be reasonably withheld without
regard to the           creditworthiness of any buyer or transferee. I will not permit
the Property to           be the subject of any court order affecting my rights to the
Property in any           action by anyone other than you. If the Property includes
chattel paper or           instruments, either as original collateral or as proceeds of
the Property, I           will note your security interest on the face of the chattel
paper or           instruments.  </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>
<B>D.
            Additional Duties Specific to Accounts. </B>I will not settle any Account for
          less than its full value without your written permission, unless (a) I provide
          Lender with a modified borrowing base calculation which incorporates the
          proposed discounted Account settlement, and (b) if such modified borrowing base
          shall indicate that the outstanding loan balance exceeds the allowable advance
          limit, I will repay the loan balance to such extent as to restore compliance
          with the borrowing base. Until you tell me otherwise, I will collect all
          Accounts in the ordinary course of business. I will not dispose of the Accounts
          by assignment without your prior written consent. I will keep the proceeds from
          all the Accounts and any goods which are returned to me or which I take back. I
          will not commingle them with any of my other property. I will deliver the
          Accounts to you at your request. If you ask me to pay you the full price on any
          returned items or items retaken by me, I will do so. I will make no material
          change in the terms of any Account, and I will give you any statements,
reports,           certificates, lists of Account Debtors (showing names, addresses and
amounts           owing), invoices applicable to each Account, and other data in any way
          pertaining to the Accounts as you may request.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>6.
                      INSURANCE. </B>I agree to keep the Property insured against the
risks                     reasonably associated with the Property. I will maintain this
insurance in the                     amounts you require. This insurance will last until
the Property is released                     from this Agreement. I may choose the
insurance company, subject to your                     approval, which will not be
unreasonably withheld.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I will have the insurance company
name you as loss payee on any insurance policy. I will give you and the insurance company
immediate notice of any loss. You may apply the insurance proceeds toward what is owed on
the Secured Debts. You may require added security as a condition of permitting any
insurance proceeds to be used to repair or replace the Property. If you acquire the
Property in damaged condition, my right to any insurance policies and proceeds will pass
to you to the extent of the Secured Debts.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I will immediately notify you of
cancellation or termination of insurance. If I fail to keep the Property insured, you may
obtain insurance to protect your interest in the Property. This insurance may include
coverages not originally required of me, may be written by a company other than one I
would choose, and may be written at a higher rate than I could obtain if I purchased the
insurance.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>7.
                      COLLECTION RIGHTS OF THE SECURED PARTY. </B>Account Debtor means
the person who                     is obligated on an account, chattel paper, or general
intangible. I authorize                     you to notify my Account Debtors of your
security interest and to deal with the                     Account Debtors&#146; obligations
at your discretion. You may enforce the                     obligations of an Account
Debtor, exercising any of my rights with respect to                     the Account
Debtors&#146; obligations to make payment or otherwise render
                    performance to me, including the enforcement of any security interest
that                     secures such obligations. You may apply proceeds received from
the Account                     Debtors to the Secured Debts or you may release such
proceeds to me.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I specifically and irrevocably
authorize you to exercise any of the following powers at my expense, without limitation,
until the Secured Debts are paid in full (it being understood between Borrower and Lender
however, that Lender would only exercise such powers after an event of default, and
subsequent to the observation of any defined response period.  </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>
<B>A.
</B>demand payment and enforce collection from any Account Debtor or Obligor by
          suit or otherwise.  </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>
<B>B.
</B>enforce any security interest, lien or encumbrance given to secure the
          payment or performance of any Account Debtor or any obligation constituting
          Property.  </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>
<B>C.
</B>file proofs of claim or similar documents in the event of bankruptcy,
          insolvency or death of any person obligated as an Account Debtor.  </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>
<B>D.
</B>compromise, release, extend, or exchange any indebtedness of an Account
          Debtor.  </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>
<B>E.
</B>take control of any proceeds of the Account Debtors&#146; obligations and
          any returned or repossessed goods.  </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>
<B>F.
</B>endorse all payments by any Account Debtor which may come into your
          possession as payable to me.  </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266024123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 3&nbsp;</FONT></TD></TR>
</TABLE>



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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>
<B>G.
</B>deal in all respects as the holder and owner of the Account Debtors&#146;          obligations.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>8.
                      AUTHORITY TO PERFORM. </B>I authorize you to do anything you deem
reasonably                     necessary to protect the Property, and perfect and
continue your security                     interest in the Property. If I fail to perform
any of my duties under this                     Agreement or any other security interest,
you are authorized, without notice to                     me, to perform the duties or
cause them to be performed. These authorizations                     include, but are not
limited to, permission to:  </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>
<B>A.
</B>pay and discharge taxes, liens, security interests or other encumbrances at
          any time levied or placed on the Property.  </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>
<B>B.
</B>pay any rents or other charges under any lease affecting the Property.  </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>
<B>C.
</B>order and pay for the repair, maintenance and preservation of the Property.  </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>
<B>D.
</B>sign, when permitted by law, and file any financing statements on my behalf
          and pay for filing and recording fees pertaining to the Property.  </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>
<B>E.
</B>place a note on any chattel paper indicating your interest in the Property.  </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>
<B>F.
</B>take any action you feel necessary to realize on the Property, including
          performing any part of a contract or endorsing it in my name.  </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>
<B>G.
</B>handle any suits or other proceedings involving the Property in my name.  </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>
<B>H.
</B>prepare, file, and sign my name to any necessary reports or accountings.  </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>
<B>I.
</B>make an entry on my books and records showing the existence of this
          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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>J.
</B>notify any Account Debtor of your interest in the Property and tell the
          Account Debtor to make payments to you or someone else you name.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If you perform for me, you will use
reasonable care. Reasonable care will not include: any steps necessary to preserve rights
against prior parties; the duty to send notices, perform services or take any other
action in connection with the management of the Property; or the duty to protect,
preserve or maintain any security interest given to others by me or other parties. Your
authorization to perform for me will not create an obligation to perform and your failure
to perform will not preclude you from exercising any other rights under the law or this
Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If you come into actual or
constructive possession of the Property, you will preserve and protect the Property. For
purposes of this paragraph, you will be in actual possession of the Property only when
you have physical, immediate and exclusive control over the Property and you have
affirmatively accepted that control. You will be in constructive possession of the
Property only when you have both the power and the intent to exercise control over the
Property.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>9.                       DEFAULT.
</B>I will be in default if any of the following occur (however, it is
                    understood that Lender will not exercise any of its allowed remedies
without                     first: (a) providing written notification to Borrower of the
event of default,                     and (b) observing any response period that it
allows for in said notification):  </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>
<B>A.
          Payments. </B>I fail to make a payment in full when due.  </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>
<B>B.
            Insolvency or Bankruptcy. </B>I make an assignment for the benefit of
creditors           or become insolvent, either because my liabilities exceed my assets
or I am           unable to pay my debts as they become due; or I petition for protection
under           federal, state or local bankruptcy, insolvency or debtor relief laws, or
am the           subject of a petition or action under such laws and fail to have the
petition or           action dismissed within a reasonable period of time not to exceed
60 days.  </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>
<B>C.
            Business Termination. </B>I merge, dissolve, reorganize, end my business or
          existence, or a partner or majority owner dies or is declared legally
          incompetent.  </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>
<B>D.
            Failure to Perform. </B>I fail to perform any condition or to keep any
promise           or covenant of this 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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>E.
            Other Documents. </B>A default occurs under the terms of any other
transaction           document.  </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>
<B>F.
            Other Agreements. </B>I am in default on any other debt or agreement I have
          with you.  </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>
<B>G.
            Misrepresentation. </B>I make any verbal or written statement or provide any
          financial information that is untrue, inaccurate, or conceals a material fact
at           the time it is made or provided.  </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>
<B>H.
            Judgment. </B>I fail to satisfy or appeal any judgment against me.  </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>
<B>I.
            Forfeiture. </B>The Property is used in a manner or for a purpose that
          threatens confiscation by a legal authority.  </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>
<B>J.
            Name Change. </B>I change my name or assume an additional name without
          notifying you before making such a change.  </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>
<B>K.
            Property Transfer. </B>I transfer all or a substantial part of my money or
          property.  </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>
<B>L.
            Property Value. </B>The value of the Property declines or is impaired.  </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>
<B>M.
            Material Change. </B>Without first notifying you, there is a material change
in           my business, including ownership, management, and financial conditions.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>10.
                      REMEDIES. </B>After I default, and after you give any legally
required notice                     and opportunity to cure the default, you may at your
option do any one or more                     of the following.  </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266024123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 4&nbsp;</FONT></TD></TR>
</TABLE>



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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>
<B>A.
            Acceleration. </B>You may make all or any part of the amount owing by the
terms           of the Secured Debts immediately due.  </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>
<B>B.
            Sources. </B>You may use any and all remedies you have under state or federal
          law or in any instrument evidencing or pertaining to the Secured Debts.  </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>
<B>C.
            Insurance Benefits. </B>You may make a claim for any and all insurance
benefits           or refunds that may be available on my default.  </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>
<B>D.
            Payments Made On My Behalf. </B>Amounts advanced on my behalf will be
          immediately due and may be added to the Secured Debts.  </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>
<B>E.
            Assembly of Property. </B>You may require me to gather the Property and make
it           available to you in a reasonable fashion.  </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>
<B>F.
            Repossession. </B>You may repossess the Property so long as the repossession
          does not involve a breach of the peace. You may sell the Property as provided
by           law. You may apply what you receive from the sale of the Property to your
          expenses, your reasonable attorneys&#146; fees and legal expenses (where not
          prohibited by law), and any debt I owe you. If what you receive from the sale
of           the Property does not satisfy the debt, I will be liable for the deficiency
          (where permitted by law). In some cases, you may keep the Property to satisfy
          the debt.  </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>
Where
a notice is required, I agree that ten days prior written notice sent by first class mail
to my address listed in this Agreement will be reasonable notice to me under the Virginia
Uniform Commercial Code. If the Property is perishable or threatens to decline speedily
in value, you may, without notice to me, dispose of any or all of the Property in a
commercially reasonable manner at my expense following any commercially reasonable
preparation or processing.  </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>
If
any items not otherwise subject to this Agreement are contained in the Property when you
take possession, you may hold these items for me at my risk and you will not be liable
for taking possession of them.  </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>
<B>G.
            Use and Operation. </B>You may enter upon my premises and take possession of
          all or any part of my property for the purpose of preserving the Property or
its           value, so long as you do not breach the peace. You may use and operate my
          property for the length of time you feel is necessary to protect your interest,
          all without payment or compensation to me.  </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>
<B>H.
            Waiver. </B>By choosing any one or more of these remedies you do not give up
          your right to use any other remedy. You do not waive a default if you choose
not           to use a remedy. By electing not to use any remedy, you do not waive your
right           to later consider the event a default and to use any remedies if the
default           continues or occurs again.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>11.                       WAIVER
OF CLAIMS. </B>I waive all claims for loss or damage caused by your acts
                    or omissions where you acted reasonably and in good faith.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>12.
                      PERFECTION OF SECURITY INTEREST. </B>I authorize you to file a
financing                     statement covering the Property. I will comply with,
facilitate, and otherwise                     assist you in connection with obtaining
perfection or control over the Property                     for purposes of perfecting
your security interest under the Uniform Commercial                     Code.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>13.
                      APPLICABLE LAW. </B>This Agreement is governed by the laws of
Virginia, the                     United States of America and to the extent required, by
the laws of the                     jurisdiction where the Property is located. In the
event of a dispute, the                     exclusive forum, venue and place of
jurisdiction will be in Virginia, unless                     otherwise required by law.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>14.                       JOINT
AND INDIVIDUAL LIABILITY AND SUCCESSORS. </B>Each Debtor&#146;s
                    obligations under this Agreement are independent of the obligations
of any other                     Debtor. You may sue each Debtor individually or together
with any other Debtor.                     You may release any part of the Property and I
will still be obligated under                     this Agreement for the remaining
Property. The duties and benefits of this                     Agreement will bind and
benefit the successors and assigns of you and me.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>15.
                      AMENDMENT, INTEGRATION AND SEVERABILITY. </B>This Agreement may not
be amended                     or modified by oral agreement. No amendment or
modification of this Agreement is                     effective unless made in writing
and executed by you and me. This Agreement is                     the complete and final
expression of the understanding between you and me. If                     any provision
of this Agreement is unenforceable, then the unenforceable                     provision
will be severed and the remaining provisions will still be
                    enforceable.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>16.
                      INTERPRETATION. </B>Whenever used, the singular includes the plural
and the                     plural includes the singular. The section headings are for
convenience only and                     are not to be used to interpret or define the
terms of this Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>17.                       NOTICE,
FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. </B>Unless otherwise
                    required by law, any notice will be given by delivering it or mailing
it by                     first class mail to the appropriate party&#146;s address listed
in the DATE AND                     PARTIES section, or to any other address designated
in writing. Notice to one                     party will be deemed to be notice to all
parties. I will inform you in writing                     of any change in my name,
address or other application information. I will                     provide you any
financial statement or information you request. All financial
                    statements and information I give you will be correct and complete. I
agree to                     sign, deliver, and file any additional documents or
certifications that you may                     consider necessary to perfect, continue,
and preserve my obligations under this                     Agreement and to confirm your
lien status on any Property. Time is of the                     essence.  </FONT></P>



<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266024123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 5&nbsp;</FONT></TD></TR>
</TABLE>



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<HR SIZE=5 COLOR=GRAY NOSHADE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>SIGNATURES.</B>                      By
signing under seal, I agree to the terms contained in this Agreement. I also
                    acknowledge receipt of a copy of this Agreement.  </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>
<b>DEBTOR:</b> </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=10% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD WIDTH=90% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WidePoint Corporation</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Widepoint IL, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WP NBIL, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Chesapeake Government Technologies, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Operational Research Consultants, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>iSYS, LLC</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
</TABLE>


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

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266024123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 6&nbsp;</FONT></TD></TR>
</TABLE>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>7
<FILENAME>cmw3201f.htm
<DESCRIPTION>$5,000,000 PROMISSORY NOTE
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>




<TABLE CELLPADDING=3 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR>
     <TD COLSPAN=5><HR NOSHADE COLOR=#000000 SIZE=1></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>LOAN NUMBER</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>LOAN NAME</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>ACCT. NUMBER</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>NOTE DATE</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>INITIALS</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>CL522040275-1</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>WidePoint <BR>Corporation</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>01/02/08</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>NOTE AMOUNT</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>INDEX (w/Margin)</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>RATE</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>MATURITY DATE</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>LOAN PURPOSE</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>$5,000,000.00</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>Wall Street Journal<BR>Prime plus 0.250%</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>7.5%</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>04/30/09</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>Commercial</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>Creditor Use Only</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD></TR>
<TR>
     <TD COLSPAN=5><HR NOSHADE COLOR=#000000 SIZE=1></TD></TR>
</TABLE>
<BR>


<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>PROMISSORY NOTE</B>
 <BR>(Commercial &#151;Revolving Draw &#151; Variable Rate)
 </FONT><HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black NOSHADE></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>DATE AND PARTIES.</B>  The date of this
Promissory Note (Note) is January 2, 2008.  The parties and their addresses are: </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>
<B>LENDER:</B> </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>
<B>CARDINAL
BANK  </B>         <BR>8270 Greensboro Drive          <BR>Suite 500          <BR>McLean, Virginia  22102
         <BR>Telephone:  (703) 584-3430 </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>
<b>BORROWER:</b> </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>
<B>WIDEPOINT
CORPORATION</B>           <BR>a Delaware Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>WIDEPOINT
IL, INC. </B>         <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>WP
NBIL, INC. </B>          <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>CHESAPEAKE
GOVERNMENT TECHNOLOGIES, INC. </B>         <BR>a Delaware Corporation          <BR>One Lincoln Centre
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>OPERATIONAL
RESEARCH CONSULTANTS, INC. </B>         <BR>a Virginia Corporation          <BR>11250 Waples Mills,
South Tower          <BR>Suite 250          <BR>Fairfax, Virginia 22030 </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>
<B>ISYS,
LLC </B>          <BR>a Virginia Limited Liability Company          <BR>One Lincoln Center
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </FONT></TD>
</TR>
</TABLE>
<BR>


<BR><BR>




<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 1&nbsp;</FONT></TD></TR>
</TABLE>



<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 9; page: 9" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black NOSHADE> <B>CONFESSION OF JUDGMENT. </B>I
appoint and authorize Neil I. Title and Julian Karpoff, either of whom may act alone,
1840 Wilson Boulevard, #205, Arlington, VA 22201, attorneys in fact, to appear in the
office of Arlington County Circuit Court, Virginia, to confess judgment against me, in
favor of you, if I default on this agreement. The confession of judgment may be without
process and <B>ONLY</B> for any amount <B>of PRINCIPAL and INTEREST</B> due on this Note.
However, it being understood that the confession of judgement shall only be effective in
such event that Borrower would be in default under this agreement, the Commercial Loan
Agreement, or any other agreement related to or securing the indebtedness evidenced
herein; and it being further understood that said default would be subject to written
notification by Lender to Borrower, and further subject to any response period specified
and allowed by Lender within said notification.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>In this notice, &#147;you&#148; means
the Borrower. IMPORTANT NOTICE: THIS INSTRUMENT CONTAINS A CONFESSION OF JUDGMENT WHICH
CONSTITUTES </B><B>A WAIVER OF IMPORTANT RIGHTS YOU MAY HAVE AS A DEBTOR AND ALLOWS THE
CREDITOR TO OBTAIN A JUDGMENT AGAINST YOU WITHOUT ANY </B><B>FURTHER NOTICE.</B> </FONT><HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black NOSHADE></P>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>1.           DEFINITIONS. </B>As
used in this Note, the terms 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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
                    Pronouns. </B>The pronouns &#147;I,&#148; &#147;me,&#148; and &#147;my&#148;                    refer
to each Borrower signing this Note, individually and together with their
                    heirs, successors and assigns, and each other person or legal entity
(including                     guarantors, endorsers, and sureties) who agrees to pay
this Note.                     &#147;You&#148; and &#147;Your&#148; refer to the Lender,
with its participants                     or syndicators, successors and assigns, or any
person or company that acquires                     an interest in the Loan.  </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>
<B>B.
            Note. </B>Note refers to this document, and any extensions, renewals,
          modifications and substitutions of this Note.  </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>
<B>C.
            Loan. </B>Loan refers to this transaction generally, including obligations
and           duties arising from the terms of all documents prepared or submitted for
this           transaction such as applications, security agreements, disclosures or
notes, and           this Note.  </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>
<B>D.
            Property. </B>Property is any property, real, personal or intangible, that
          secures my performance of the obligations of this Loan.  </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>
<B>E.
            Percent. </B>Rates and rate change limitations are expressed as annualized
          percentages.  </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><B>2.                       PROMISE
TO PAY. </B>For value received, I promise to pay you or your order, at
                    your address, or at such other location as you may designate, amounts
advanced                     from time to time under the terms of this Note up to the
maximum outstanding                     principal balance, the lesser of <B>$5,000,000.00
(Principal)</B> or the                     Borrowing Base, plus interest from the date of
disbursement, on the unpaid                     outstanding Principal balance until this
Note matures or this obligation is                     accelerated.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I may borrow up to the Principal
amount more than one time.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All advances made will be made
subject to all other terms and conditions of this Loan.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>3.
                      INTEREST. </B>Interest will accrue on the unpaid Principal balance
of this Note                     at the rate of <B>7.5 percent (Interest Rate)</B> until
January 3, 2008, after                     which time it may change as described in the
Variable Rate subsection.  </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>
<B>A.
            Interest After Default. </B>If you declare a default under the terms of this
          Loan, including for failure to pay in full at maturity, you may increase the
          Interest Rate payable on the outstanding Principal balance of this Note. In
such           event, interest will accrue on the outstanding Principal balance at the
variable           Interest Rate in effect from time to time, plus an additional 2.000
percent,           until paid in full.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
            Maximum Interest Amount. </B>Any amount assessed or collected as interest
under           the terms of this Note or obligation will be limited to the Maximum
Lawful           Amount of interest allowed by state or federal law. Amounts collected in
excess           of the Maximum Lawful Amount will be applied first to the unpaid
Principal           balance. Any remainder will be refunded to me.  </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>
<B>C.
            Statutory Authority. </B>Rate statute for Virginia is not provided yet.  </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>
<B>D.
            Accrual. </B>During the scheduled term of this Loan interest accrues using an
          Actual/360 days counting method.  </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>
<B>E.
            Variable Rate. </B>The Interest Rate may change during the term of this
          transaction.  </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>
<B>(1)
</B>Index. Beginning with the first Change Date, the Interest Rate will be
          based on the following index: the Prime rate as published in the Money Rate
          Section of the Wall Street Journal. When a range of rates have been published,
          the highest rate will be used..  </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>
The
Current Index is the most recent index figure available on each Change Date. You do not
guaranty by selecting this Index, or the margin, that the Interest Rate on this Note will
be the same rate you charge on any other loans or class of loans you make to me or other
borrowers. If this Index is no longer available, you will substitute a similar index. You
will give me notice of your choice. </FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 2&nbsp;</FONT></TD></TR>
</TABLE>



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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>
<B>(2)
</B>Change Date. Each date on which the Interest Rate may change is called a
          Change Date. The Interest Rate may change January 3, 2008 and daily thereafter.  </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>
<B>(3)
</B>Calculation Of Change. On each Change Date, you will calculate the Interest
          Rate, which will be the Current Index plus 0.250 percent. The result of this
          calculation will be rounded to the nearest .001 percent. Subject to any
          limitations, this will be the Interest Rate until the next Change Date. The new
          Interest Rate will become effective on each Change Date. The Interest Rate and
          other charges on this Note will never exceed the highest rate or charge allowed
          by law for this Note.  </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>
<B>(4)
</B>Limitations. The Interest Rate changes are subject to the following
          limitations:  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=15%>&nbsp;</TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>(a)
</B>Lifetime. The Interest Rate will never be less than 6.500 percent.  </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>
<B>(5)
</B>Effect Of Variable Rate. A change in the Interest Rate will have the
          following effect on the payments: The amount of scheduled payments will change.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>4.
                      ADDITIONAL CHARGES. </B>As additional consideration, I agree to
pay, or have                     paid, the fees and charges listed on the APPENDIX: FEES
AND CHARGES, which is                     attached to and made part of this Note. I
understand and agree that some                     payments to third parties as part of
this transaction may also involve money                     retained by you or paid back
to you as commissions or other remuneration.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>5.                       REMEDIAL
CHARGES. </B>In addition to interest or other finance charges, I agree
                    that I will pay these additional fees based on my method and pattern
of payment.                     Additional remedial charges may be described elsewhere in
this Note.  </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>
<B>A.
            Late Charge. </B>If a payment is more than <B>10</B> days late, I will be
          charged <B>5.000</B> percent of the Unpaid Portion of Payment. I will pay this
          late charge promptly but only once for each late 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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
            Returned Check Charge. </B>I agree to pay a fee not to exceed $32.00 for each
          check, negotiable order of withdrawal or draft I issue in connection with this
          Loan that is returned because it has been dishonored.  </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>
<B>C.
            Stop Payment. </B>A(n) Stop Payment equal to $30.00.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>6.
                      GOVERNING AGREEMENT. </B>This Note is further governed by the
Commercial Loan                     Agreement executed between you and me as part of this
Loan, as modified, amended                     or supplemented. Upon execution of this
Note, I represent that I have reviewed                     and am in compliance with the
terms contained in the Commercial Loan Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>7.                       PAYMENT.
</B>I agree to pay all accrued interest on the balance outstanding
                    from time to time in regular payments beginning February 1, 2008,
then on the                     same day of each month thereafter. Any payment scheduled
for a date falling                     beyond the last day of the month, will be due on
the last day. A final payment                     of the entire unpaid outstanding
balance of Principal and interest will be due                     April 30, 2009.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Payments will be rounded to the
nearest $.01. With the final payment I also agree to pay any additional fees or charges
owing and the amount of any advances you have made to others on my behalf. Payments
scheduled to be paid on the 29th, 30th or 31st day of a month that contains no such day
will, instead, be made on the last day of such month.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Interest payments will be applied
first to any charges I owe other than late charges, then to accrued, but unpaid interest,
then to late charges. Principal payments will be applied first to the outstanding
Principal balance, then to any late charges. If you and I agree to a different
application of payments, we will describe our agreement on this Note. The actual amount
of my final payment will depend on my payment record.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>8.
                      PREPAYMENT. </B>I may prepay this Loan in full or in part at any
time. Any                     partial prepayment will not excuse any later scheduled
payments until I pay in                     full.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>9.                       LOAN
PURPOSE. </B>The purpose of this Loan is working capital line of credit.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>10.
                      ADDITIONAL TERMS. </B>The following additional terms are
incorporated herein:  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PRIOR OBLIGATION. This agreement is
a refinance and modification of the indebtedness evidenced by that certain Promissory
Note from WidePoint Corporation, Widepoint IL, Inc., WP NBIL, Inc., Chesapeake Government
Technologies, Inc., and Operational Research Consultants, Inc. (the &#147;Prior Borrower&#148;)
to Lender dated August 16, 2007 in the principal amount of $2,000,000.00.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>LOAN AGREEMENT. This agreement is
subject to that certain Commercial Loan Agreement between Borrower and Lender dated
January 2, 2008, all terms and conditions of which, notwithstanding anything herein to
the contrary, are incorporated and made a part herein.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ADDITIONAL INTEREST RATE CONDITIONS.
 The Variable Rate terms described herein will be subject to certain additional
conditions as follows: </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In the paragraph entitled &#147;(3)
Calculation of Change&#148;, under sub-section &#147;E. Variable Rate&#148; of section
&#147;3. Interest&#148;, the calculation of each interest rate change is described as
&#147;&#133;the Current Index plus 0.250 percent&#133;&quot;. The value of &#147;plus
0.250 percent&#148; (hereinafter, the &#147;Interest Margin&#148;) shall be adjusted under
certain conditions as described below: </FONT></P>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 3&nbsp;</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=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Interest Margin shall be modified to a value of &#147;plus 0.000%           percent&#148; if
the following conditions are met, subject to the documentation           and review
judged to be satisfactory by the Lender: (i) Combined EBITDA (as           defined in the
Commercial Loan Agreement) for the Borrower is equal to or           greater than
$300,000.00 as measured for the quarter ending December 31, 2007;           (ii) The
Tangible Net Worth (as defined in the Commercial Loan Agreement) of the
          Borrower is equal to or greater than $750,000.00 for the Borrower as measured
          immediately upon the Prior Borrower&#146;s acquisition of iSYS, LLC. The
          effective date of such modification shall be as of the date Lender is in
receipt           of such financial information of Borrower that would allow Lender to
make the           above determinations. </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>(b) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Interest Margin shall be modified to a value of &#147;minus 0.250%           percent&#148; if
the following conditions are met, subject to the documentation           and review
judged to be satisfactory by the Lender: (i) The ratio of Debt to           EBITDA (as
defined in the Commercial Loan Agreement) for the Borrower is no           greater than
4.0:1.0 as measured for the six month period ending June 30, 2008;           (ii) The
Debt Service Coverage ratio (as defined in the Commercial Loan           Agreement) for
the Borrower is equal to or greater than 1.50:1.0 as measured for           the six month
period ending June 30, 2008; (iii) The Tangible Net Worth (as           defined in the
Commercial Loan Agreement) of the Borrower is equal to or greater           than
$1,500,000.00 for the Borrower as measured for the fiscal period ending           June
30, 2008; and (iv) The Current Ratio (as defined in the Commercial Loan
          Agreement) of the Borrower is equal to or greater than 1.0:1.0 as measured at
          the fiscal period ending June 30, 2008. The effective date of such modification
          shall be as of the date Lender is in receipt of such financial information of
          Borrower that would allow Lender to make the above determinations. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>11.           SECURITY. </B>This
Loan is secured by separate security instruments prepared           together with this
Note as follows:  </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>Document Name</B></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>Parties to Document</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR>Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Borrower</FONT></TD></TR>
</TABLE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2> <B>12.
                      ASSUMPTIONS. </B>Someone buying the Property cannot assume the
obligation.                     Except as otherwise approved in writing by the Lender in
advance, you may                     declare the entire balance of the Note to be
immediately due and payable upon                     the creation of, or contract for the
creation of, any lien, encumbrance, or                     transfer of the Property.
However, I may sell or similarly dispose of any                     Property that is
inventory.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>13.                       WAIVERS
AND CONSENT. </B>To the extent not prohibited by law, I waive protest,
                    presentment for payment, demand, notice of acceleration, notice of
intent to                     accelerate and notice of dishonor.  </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>
<B>A.
                    Additional Waivers By Borrower. </B>In addition, I, and any party to
this Note                     and Loan, to the extent permitted by law, consent to
certain actions you may                     take, and generally waive defenses that may
be available based on these actions                     or based on the status of a party
to this Note.  </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>
<B>(1)
</B>You may renew or extend payments on this Note, regardless of the number of
          such renewals or extensions.  </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>
<B>(2)
</B>You may release any Borrower, endorser, guarantor, surety, accommodation
          maker or any other co-signer.  </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>
<B>(3)
</B>You may release, substitute or impair any Property securing this Note.  </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>
<B>(4)
</B>You, or any institution participating in this Note, may invoke your right
          of set-off.  </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>
<B>(5)
</B>You may enter into any sales, repurchases or participations of this Note to
          any person in any amounts and I waive notice of such sales, repurchases or
          participations.  </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>
<B>(6)
</B>I agree that any of us signing this Note as a Borrower is authorized to
          modify the terms of this Note or any instrument securing, guarantying or
          relating to this Note.  </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Project" -->
<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>
<B>B.
            No Waiver By Lender. </B>Your course of dealing, or your forbearance from, or
          delay in, the exercise of any of your rights, remedies, privileges or right to
          insist upon my strict performance of any provisions contained in this Note, or
          other Loan documents, shall not be construed as a waiver by you, unless any
such           waiver is in writing and is signed by you.  </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><B>14.
                      APPLICABLE LAW. </B>This Note is governed by the laws of Virginia,
the United                     States of America and to the extent required, by the laws
of the jurisdiction                     where the Property is located. In the event of a
dispute, the exclusive forum,                     venue and place of jurisdiction will be
in Virginia, unless otherwise required                     by law.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>15.                       JOINT
AND INDIVIDUAL LIABILITY AND SUCCESSORS. </B>My obligation to pay this
                    Loan is independent of the obligation of any other person who has
also agreed to                     pay it. You may sue me alone, or anyone else who is
obligated on this Loan, or                     any number of us together, to collect this
Loan. Extending this Loan or new                     obligations under this Loan, will
not affect my duty under this Loan and I will                     still be obligated to
pay this Loan. The duties and benefits of this Loan will                     bind and
benefit the successors and assigns of you and me.  </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 4&nbsp;</FONT></TD></TR>
</TABLE>


<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 12; page: 12" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>16.
                      AMENDMENT, INTEGRATION AND SEVERABILITY. </B>This Note may not be
amended or                     modified by oral agreement. No amendment or modification
of this Note is                     effective unless made in writing and executed by you
and me. This Note is the                     complete and final expression of the
agreement. If any provision of this Note is                     unenforceable, then the
unenforceable provision will be severed and the                     remaining provisions
will still be enforceable.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>17.
                      INTERPRETATION. </B>Whenever used, the singular includes the plural
and the                     plural includes the singular. The section headings are for
convenience only and                     are not to be used to interpret or define the
terms of this Note.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>18.                       NOTICE,
FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. </B>Unless otherwise
                    required by law, any notice will be given by delivering it or mailing
it by                     first class mail to the appropriate party&#146;s address listed
in the DATE AND                     PARTIES section, or to any other address designated
in writing. Notice to one                     party will be deemed to be notice to all
parties. I will inform you in writing                     of any change in my name,
address or other application information. I agree to                     sign, deliver,
and file any additional documents or certifications that you may
                    consider necessary to perfect, continue, and preserve my obligations
under this                     Loan and to confirm your lien status on any Property. Time
is of the essence.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>19.                       CREDIT
INFORMATION. </B>I agree to supply you with whatever information you
                    reasonably feel you need to decide whether to continue this Loan. You
will make                     requests for this information without undue frequency, and
will give me                     reasonable time in which to supply the information.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>20.                       ERRORS
AND OMISSIONS. </B>I agree, if requested by you, to fully cooperate in
                    the correction, if necessary, in the reasonable discretion of you of
any and all                     loan closing documents so that all documents accurately
describe the loan                     between you and me. I agree to assume all costs
including by way of illustration                     and not limitation, actual expenses,
legal fees and marketing losses for failing                     to reasonably comply with
your requests within thirty (30) days.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>21.
                      SIGNATURES.</B> By signing under seal, I agree to the terms
contained in this                     Note. I also acknowledge receipt of a copy of this
Note.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BORROWER SIGNATURES </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WidePoint Corporation </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of WidePoint Corporation a Delaware corporation, on behalf of the corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration
Number: _________________&nbsp;&nbsp;&nbsp;&nbsp;My Commission Expires: ________________ </FONT></P>


<BR><BR><BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 5&nbsp;</FONT></TD></TR>
</TABLE>



<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 13; page: 13" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BORROWER SIGNATURES
(continued) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Widepoint IL, Inc. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of Widepoint IL, Inc. an Illinois corporation, on behalf of the corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration
Number: _________________ &nbsp;&nbsp;&nbsp;&nbsp;My Commission Expires: ________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WP NBIL, Inc. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of WP NBIL, Inc. an Illinois corporation, on behalf of the corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration
Number: _________________ &nbsp;&nbsp;&nbsp;&nbsp;My Commission Expires: ________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chesapeake Government
Technologies, Inc. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of Chesapeake Government Technologies, Inc. a Delaware corporation, on behalf of
the corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________  &nbsp;&nbsp;&nbsp;&nbsp; Registration Number: _________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>My Commission
Expires: ________________ </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 6&nbsp;</FONT></TD></TR>
</TABLE>


<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 14; page: 14" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BORROWER SIGNATURES
(continued) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Operational Research
Consultants, Inc. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of Operational Research Consultants, Inc. a Virginia corporation, on behalf of the
corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public:__________________________ &nbsp;&nbsp;&nbsp;&nbsp; Registration Number:_________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>My Commission Expires:
________________ </FONT></P>


<BR><BR><BR>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>iSYS, LLC </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of iSYS, LLC a Limited Liability Company on behalf of the Limited Liability
Company. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________  &nbsp;&nbsp;&nbsp;&nbsp; Registration Number: _________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>My Commission
Expires: ________________ </FONT></P>

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

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 7&nbsp;</FONT></TD></TR>
</TABLE>


<!-- MARKER PAGE="; page: 8" -->
<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>APPENDIX: FEES AND
CHARGES </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>As described in the ADDITIONAL
CHARGES section of the attached Note, I agree to pay, or have paid, these additional fees
and charges.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Nonrefundable Fees and Charges</B>. The
following fees are earned when collected and will not be refunded if I prepay this Note
before the scheduled maturity date.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Project" -->
<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>
<B>Commitment.</B> A(n)
Commitment fee of $5,000.00 payable from separate funds on or before           today&#146;s
date.  </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Project" -->
<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>
<B>Administration
(monthly)</B>. A(n) Administration (monthly) fee of $250.00 payable from separate funds on or
before today&#146;s date.  </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>I understand and agree that some
payments to third parties as part of this transaction may also involve money retained by
you or paid back to you as commissions or other remuneration.  </FONT></P>


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

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 7&nbsp;</FONT></TD></TR>
</TABLE>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>8
<FILENAME>cmw3201g.htm
<DESCRIPTION>SECURITY AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SECURITY AGREEMENT </FONT><HR ALIGN=LEFT WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>DATE AND PARTIES.</B> The date of this
Security Agreement (Agreement) is January 2, 2008.  The parties and their addresses are: </FONT></P>



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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<b>SECURED
PARTY:</b> </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>
<B>CARDINAL
BANK</B>           <BR>8270 Greensboro Drive          <BR>Suite 500          <BR>McLean, Virginia  22102 </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<b>DEBTOR:</b> </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>
<B>WIDEPOINT
CORPORATION</B>          <BR>a Delaware Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>WIDEPOINT
IL, INC.</B>          <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>WP
NBIL, INC.</B>          <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100         <BR>Oakbrook Terrace, Illinois 60181 </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>CHESAPEAKE
GOVERNMENT TECHNOLOGIES, INC.</B>          <BR>a Delaware Corporation          <BR>One Lincoln Centre
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>OPERATIONAL
RESEARCH CONSULTANTS, INC.</B>          <BR>a Virginia Corporation          <BR>11250 Waples Mills,
South Tower          <BR>Suite 250          <BR>Fairfax, Virginia 22030 </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>
<B>ISYS,
LLC </B>         <BR>a Virginia Limited Liability Company          <BR>One Lincoln Center
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </FONT></TD>
</TR>
</TABLE>
<BR>





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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The pronouns &#147;you&#148; and
&#147;your&#148; refer to the Secured Party. The pronouns &#147;I,&#148; &#147;me&#148; and
&#147;my&#148; refer to each person or entity signing this Agreement as Debtor and
agreeing to give the Property described in this Agreement as security for the Secured
Debts.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>1.           SECURED DEBTS. </B>This
Agreement will secure the following Secured Debts:  </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>
<B>A.
                      Specific Debts. </B>The following debts and all extensions,
renewals,                     refinancings, modifications and replacements. A promissory
note or other                     agreement, dated January 2, 2008, from me to you, in
the amount of                     $2,000,000.00.  </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>
<B>B.
          Sums Advanced. </B>All sums advanced and expenses incurred by you under the
          terms of this Agreement.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>2.                       SECURITY
INTEREST. </B>To secure the payment and performance of the Secured
                    Debts, I give you a security interest in all of the Property
described in this                     Agreement that I own or have sufficient rights in
which to transfer an interest,                     now or in the future, wherever the
Property is or will be located, and all                     proceeds and products from
the Property (including, but not limited to, all                     parts, accessories,
repairs, replacements, improvements, and accessions to the                     Property).
Property is all the collateral given as security for the Secured
                    Debts and described in this Agreement, and includes all obligations
that support                     the payment or performance of the Property. &#147;Proceeds&#148; includes
                    anything acquired upon the sale, lease, license, exchange, or other
disposition                     of the Property; any rights and claims arising from the
Property; and any                     collections and distributions on account of the
Property.  </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266025123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 1&nbsp;</FONT></TD></TR>
</TABLE>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This Agreement remains in effect
until terminated in writing, even if the Secured Debts are paid and you are no longer
obligated to advance funds to me under any loan or credit agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>3.                       PROPERTY
DESCRIPTION. </B>The Property is described as follows:  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>4.
                      WARRANTIES AND REPRESENTATIONS. </B>I make to you the following
warranties and                     representations which will continue as long as this
Agreement is in effect:  </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>
<B>A.
                      Power. </B>I am duly organized, and validly existing and in good
standing in                     all jurisdictions in which I operate. I have the power
and authority to enter                     into this transaction and to carry on my
business or activity as it is now being                     conducted and, as applicable,
am qualified to do so in each jurisdiction in                     which I operate.  </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>
<B>B.
                      Authority. </B>The execution, delivery and performance of this
Agreement and                     the obligation evidenced by this Agreement are within
my powers, have been duly                     authorized, have received all necessary
governmental approval, will not violate                     any provision of law, or
order of court or governmental agency, and will not                     violate any
agreement to which I am a party or to which I am or any of my
                    property is subject.  </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>
<B>C.
                      Name and Location. </B>My name indicated in the DATE AND PARTIES
section is my                     exact legal name. WidePoint Corporation is an
organization registered under the                     laws of Delaware. Widepoint IL,
Inc. is an organization registered under the                     laws of Illinois. WP
NBIL, Inc. is an organization registered under the laws of                     Illinois.
Chesapeake Government Technologies, Inc. is an organization registered
                    under the laws of Delaware. Operational Research Consultants, Inc. is
an                     organization registered under the laws of Virginia. iSYS, LLC is
an organization                     registered under the laws of Virginia. I will provide
verification of                     registration and location upon your request. I will
provide you with at least 30                     days notice prior to any change in my
name, address, or state of organization or                     registration.  </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>
<B>D.
                      Business Name. </B>Other than previously disclosed in writing to
you I have not                     changed my name or principal place of business within
the last 10 years and have                     not used any other trade or fictitious
name. Without your prior written consent,                     I do not and will not use
any other name and will preserve my existing name,                     trade names and
franchises.  </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>
<B>E.
                      Ownership of Property. </B>To the extent this is a Purchase Money
Security                     Interest I will acquire ownership of the Property with the
proceeds of the                     Purchase Money Loan. Your claim to the Property is
ahead of the claims of any                     other creditor, except as disclosed in
writing to you prior to any advance on                     the Secured Debts. I represent
that I am the original owner of the Property and,                     if I am not, that I
have provided you with a list of prior owners of the                     Property.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>5. DUTIES TOWARD PROPERTY. </B> </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
                      Protection of Secured Party&#146;s Interest. </B>I will defend the
Property                     against any other claim. I agree to do whatever you require
to protect your                     security interest and to keep your claim in the
Property ahead of the claims of                     other creditors. I will not do
anything to harm your position.  </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>
I
will keep books, records and accounts about the Property and my business in general. I
will let you examine these and make copies at any reasonable time. I will prepare any
report or accounting you request which deals with the Property.  </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>
<B>B.
                      Use, Location, and Protection of the Property. </B>I will keep the
Property in                     my possession and in good repair. I will use it only for
commercial purposes. I                     will not change this specified use without
your prior written consent. You have                     the right of reasonable access
to inspect the Property and I will immediately                     inform you of any loss
or damage to the Property. I will not cause or permit                     waste to the
Property.  </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>
I
will keep the Property at my address listed in the DATE AND PARTIES section unless we
agree I may keep it at another location. If the Property is to be used in other states, I
will give you a list of those states. The location of the Property is given to aid in the
identification of the Property. It does not in any way limit the scope of the security
interest granted to you. I will notify you in writing and obtain your prior written
consent to any change in location of any of the Property. I will not use the Property in
violation of any law. I will notify you in writing prior to any change in my address,
name or, if an organization, any change in my identity or structure.  </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>
Until
the Secured Debts are fully paid and this Agreement is terminated, I will not grant a
security interest in any of the Property without your prior written consent. I will pay
all taxes and assessments levied or assessed against me or the Property and provide
timely proof of payment of these taxes and assessments upon request.  </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>
<B>C.
                      Selling, Leasing or Encumbering the Property. </B>I will not sell,
offer to                     sell, lease, or otherwise transfer or encumber the Property
without your prior                     written permission, except for Inventory sold in
the ordinary course of business                     at fair market value, or at a minimum
price established between you and me. If I                     am in default under this
Agreement, I may not sell the Inventory portion of the                     Property even
in the ordinary course of business. Any disposition of the                     Property
contrary to this Agreement will violate your rights. Your permission to
                    sell the Property may be reasonably withheld without regard to the
                    creditworthiness of any buyer or transferee. I will not permit the
Property to                     be the subject of any court order affecting my rights to
the Property in any                     action by anyone other than you. If the Property
includes chattel paper or                     instruments, either as original collateral
or as proceeds of the Property, I                     will note your security interest on
the face of the chattel paper or                     instruments.  </FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266025123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 2&nbsp;</FONT></TD></TR>
</TABLE>



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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>
<B>D.
                      Additional Duties Specific to Accounts. </B>I will not settle any
Account for                     less than its full value without your written permission,
unless (a) I provide                     Lender with a modified borrowing base
calculation which incorporates the                     proposed discounted Account
settlement, and (b) if such modified borrowing base                     shall indicate
that the outstanding loan balance exceeds the allowable advance
                    limit, I will repay the loan balance to such extent as to restore
compliance                     with the borrowing base. Until you tell me otherwise, I
will collect all                     Accounts in the ordinary course of business. I will
not dispose of the Accounts                     by assignment without your prior written
consent. I will keep the proceeds from                     all the Accounts and any goods
which are returned to me or which I take back. I                     will not commingle
them with any of my other property. I will deliver the                     Accounts to
you at your request. If you ask me to pay you the full price on any
                    returned items or items retaken by me, I will do so. I will make no
material                     change in the terms of any Account, and I will give you any
statements, reports,                     certificates, lists of Account Debtors (showing
names, addresses and amounts                     owing), invoices applicable to each
Account, and other data in any way                     pertaining to the Accounts as you
may request.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>6.
                      INSURANCE. </B>I agree to keep the Property insured against the
risks                     reasonably associated with the Property. I will maintain this
insurance in the                     amounts you require. This insurance will last until
the Property is released                     from this Agreement. I may choose the
insurance company, subject to your                     approval, which will not be
unreasonably withheld.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I will have the insurance company
name you as loss payee on any insurance policy. I will give you and the insurance company
immediate notice of any loss. You may apply the insurance proceeds toward what is owed on
the Secured Debts. You may require added security as a condition of permitting any
insurance proceeds to be used to repair or replace the Property.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If you acquire the Property in
damaged condition, my right to any insurance policies and proceeds will pass to you to
the extent of the Secured Debts.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I will immediately notify you of
cancellation or termination of insurance. If I fail to keep the Property insured, you may
obtain insurance to protect your interest in the Property. This insurance may include
coverages not originally required of me, may be written by a company other than one I
would choose, and may be written at a higher rate than I could obtain if I purchased the
insurance.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>7.
                      COLLECTION RIGHTS OF THE SECURED PARTY. </B>Account Debtor means
the person who                     is obligated on an account, chattel paper, or general
intangible. I authorize                     you to notify my Account Debtors of your
security interest and to deal with the                     Account Debtors&#146; obligations
at your discretion. You may enforce the                     obligations of an Account
Debtor, exercising any of my rights with respect to                     the Account
Debtors&#146; obligations to make payment or otherwise render
                    performance to me, including the enforcement of any security interest
that                     secures such obligations. You may apply proceeds received from
the Account                     Debtors to the Secured Debts or you may release such
proceeds to me.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I specifically and irrevocably
authorize you to exercise any of the following powers at my expense, without limitation,
until the Secured Debts are paid in full (it being understood between Borrower and Lender
however, that Lender would only exercise such powers after an event of default, and
subsequent to the observation of any defined response period.  </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>
<B>A.
</B>demand payment and enforce collection from any Account Debtor or Obligor by
                    suit or otherwise.  </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>
<B>B.
</B>enforce any security interest, lien or encumbrance given to secure the
                    payment or performance of any Account Debtor or any obligation
constituting                     Property.  </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>
<B>C.
</B>file proofs of claim or similar documents in the event of bankruptcy,
                    insolvency or death of any person obligated as an Account Debtor.  </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>
<B>D.
</B>compromise, release, extend, or exchange any indebtedness of an Account
                    Debtor.  </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>
<B>E.
</B>take control of any proceeds of the Account Debtors&#146; obligations and
                    any returned or repossessed goods.  </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>
<B>F.
</B>endorse all payments by any Account Debtor which may come into your
                    possession as payable to me.  </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>
<B>G.
</B>deal in all respects as the holder and owner of the Account Debtors&#146;                    obligations.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>8.
                      AUTHORITY TO PERFORM. </B>I authorize you to do anything you deem
reasonably                     necessary to protect the Property, and perfect and
continue your security                     interest in the Property. If I fail to perform
any of my duties under this                     Agreement or any other security interest,
you are authorized, without notice to                     me, to perform the duties or
cause them to be performed. These authorizations                     include, but are not
limited to, permission to:  </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>
<B>A.
</B>pay and discharge taxes, liens, security interests or other encumbrances at
                    any time levied or placed on the Property.  </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>
<B>B.
</B>pay any rents or other charges under any lease affecting the Property.  </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>
<B>C.
</B>order and pay for the repair, maintenance and preservation of the Property.  </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>
<B>D.
</B>sign, when permitted by law, and file any financing statements on my behalf
                    and pay for filing and recording fees pertaining to the Property.  </FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266025123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 3&nbsp;</FONT></TD></TR>
</TABLE>



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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>
<B>E.
</B>place a note on any chattel paper indicating your interest in the Property.  </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>
<B>F.
</B>take any action you feel necessary to realize on the Property, including
                    performing any part of a contract or endorsing it in my name.  </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>
<B>G.
</B>handle any suits or other proceedings involving the Property in my name.  </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>
<B>H.
</B>prepare, file, and sign my name to any necessary reports or accountings.  </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>
<B>I.
</B>make an entry on my books and records showing the existence of this
                    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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>J.
</B>notify any Account Debtor of your interest in the Property and tell the
                    Account Debtor to make payments to you or someone else you name.  </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>
If
you perform for me, you will use reasonable care. Reasonable care will not include: any
steps necessary to preserve rights against prior parties; the duty to send notices,
perform services or take any other action in connection with the management of the
Property; or the duty to protect, preserve or maintain any security interest given to
others by me or other parties. Your authorization to perform for me will not create an
obligation to perform and your failure to perform will not preclude you from exercising
any other rights under the law or this 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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
If
you come into actual or constructive possession of the Property, you will preserve and
protect the Property. For purposes of this paragraph, you will be in actual possession of
the Property only when you have physical, immediate and exclusive control over the
Property and you have affirmatively accepted that control. You will be in constructive
possession of the Property only when you have both the power and the intent to exercise
control over the Property. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>9.                       PURCHASE
MONEY SECURITY INTEREST. </B>This Agreement creates a Purchase Money
                    Security Interest to the extent you are making advances or giving
value to me to                     acquire rights in or the use of collateral and I in
fact use the value given for                     that purpose. Purchase Money Loan means
any loan or advance used to acquire                     rights in or the use of any
Property. The portion of the Property purchased with                     loan proceeds
will remain subject to the Purchase Money Security Interest until                     the
Secured Debts are paid in full. I authorize you, at your option, to disburse
                    the loan proceeds directly to the seller of the Property. Payments on
any                     non-Purchase Money Loan also secured by this Agreement will not
be applied to                     the Purchase Money Loan. Payments on the Purchase Money
Loan will be applied                     first to the non-purchase money portion of the
loan, if any, and then to the                     purchase money portion in the order in
which the purchase money Property was                     acquired. If the purchase money
Property was acquired at the same time, then                     payments will be applied
in the order you select. No security interest will be                     terminated by
application of this formula.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>10.
                      DEFAULT. </B>I will be in default if any of the following occur
(however, it is                     understood that Lender will not exercise any of its
allowed remedies without                     first: (a) providing written notification to
Borrower of the event of default,                     and (b) observing any response
period that it allows for in said notification):  </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>
<B>A.
          Payments. </B>I fail to make a payment in full when due.  </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>
<B>B.
                      Insolvency. </B>I make an assignment for the benefit of creditors
or become                     insolvent, either because my liabilities exceed my assets
or I am unable to pay                     my debts as they become due.  </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>
<B>C.
                      Business Termination. </B>I merge, dissolve, reorganize, end my
business or                     existence, or a partner or majority owner dies or is
declared legally                     incompetent.  </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>
<B>D.
                      Failure to Perform. </B>I fail to perform any condition or to keep
any promise                     or covenant of this 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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>E.
                      Other Documents. </B>A default occurs under the terms of any other
transaction                     document.  </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>
<B>F.
                      Other Agreements. </B>I am in default on any other debt or
agreement I have                     with you.  </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>
<B>G.
                      Misrepresentation. </B>I make any verbal or written statement or
provide any                     financial information that is untrue, inaccurate, or
conceals a material fact at                     the time it is made or provided.  </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>
<B>H.
                      Judgment. </B>I fail to satisfy or appeal any judgment against me.  </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>
<B>I.
                      Forfeiture. </B>The Property is used in a manner or for a purpose
that                     threatens confiscation by a legal authority.  </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>
<B>J.
                      Name Change. </B>I change my name or assume an additional name
without                     notifying you before making such a change.  </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>
<B>K.
                      Property Transfer. </B>I transfer all or a substantial part of my
money or                     property.  </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>
<B>L.
                      Property Value. </B>The value of the Property declines or is
impaired.  </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>
<B>M.
                      Material Change. </B>Without first notifying you, there is a
material change in                     my business, including ownership, management, and
financial conditions.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>11.
                      REMEDIES. </B>After I default, and after you give any legally
required notice                     and opportunity to cure the default, you may at your
option do any one or more                     of the following.  </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>
<B>A.
                      Acceleration. </B>You may make all or any part of the amount owing
by the terms                     of the Secured Debts immediately due.  </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>
<B>B.
                      Sources. </B>You may use any and all remedies you have under state
or federal                     law or in any instrument evidencing or pertaining to the
Secured Debts.  </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266025123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 4&nbsp;</FONT></TD></TR>
</TABLE>


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<HR SIZE=5 COLOR=GRAY NOSHADE>


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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>
<B>C.
                      Insurance Benefits. </B>You may make a claim for any and all
insurance benefits                     or refunds that may be available on my default.  </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>
<B>D.
                      Payments Made On My Behalf. </B>Amounts advanced on my behalf will
be                     immediately due and may be added to the Secured Debts.  </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>
<B>E.
                      Assembly of Property. </B>You may require me to gather the Property
and make it                     available to you in a reasonable fashion.  </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>
<B>F.
                      Repossession. </B>You may repossess the Property so long as the
repossession                     does not involve a breach of the peace. You may sell the
Property as provided by                     law. You may apply what you receive from the
sale of the Property to your                     expenses, your reasonable attorneys&#146; fees
and legal expenses (where not                     prohibited by law), and any debt I owe
you. If what you receive from the sale of                     the Property does not
satisfy the debt, I will be liable for the deficiency                     (where
permitted by law). In some cases, you may keep the Property to satisfy
                    the debt.  </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>
Where
a notice is required, I agree that ten days prior written notice sent by first class mail
to my address listed in this Agreement will be reasonable notice to me under the Virginia
Uniform Commercial Code. If the Property is perishable or threatens to decline speedily
in value, you may, without notice to me, dispose of any or all of the Property in a
commercially reasonable manner at my expense following any commercially reasonable
preparation or processing.  </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>
If
any items not otherwise subject to this Agreement are contained in the Property when you
take possession, you may hold these items for me at my risk and you will not be liable
for taking possession of them.  </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>
<B>G.
                      Use and Operation. </B>You may enter upon my premises and take
possession of                     all or any part of my property for the purpose of
preserving the Property or its                     value, so long as you do not breach
the peace. You may use and operate my                     property for the length of time
you feel is necessary to protect your interest,                     all without payment
or compensation to me.  </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>
<B>H.
                      Waiver. </B>By choosing any one or more of these remedies you do
not give up                     your right to use any other remedy. You do not waive a
default if you choose not                     to use a remedy. By electing not to use any
remedy, you do not waive your right                     to later consider the event a
default and to use any remedies if the default                     continues or occurs
again.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>12.                       WAIVER
OF CLAIMS. </B>I waive all claims for loss or damage caused by your acts
                    or omissions where you acted reasonably and in good faith.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>13.
                      PERFECTION OF SECURITY INTEREST. </B>I authorize you to file a
financing                     statement covering the Property. I will comply with,
facilitate, and otherwise                     assist you in connection with obtaining
perfection or control over the Property                     for purposes of perfecting
your security interest under the Uniform Commercial                     Code.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>14.
                      APPLICABLE LAW. </B>This Agreement is governed by the laws of
Virginia, the                     United States of America and to the extent required, by
the laws of the                     jurisdiction where the Property is located. In the
event of a dispute, the                     exclusive forum, venue and place of
jurisdiction will be in Virginia, unless                     otherwise required by law.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>15.                       JOINT
AND INDIVIDUAL LIABILITY AND SUCCESSORS. </B>Each Debtor&#146;s
                    obligations under this Agreement are independent of the obligations
of any other                     Debtor. You may sue each Debtor individually or together
with any other Debtor.                     You may release any part of the Property and I
will still be obligated under                     this Agreement for the remaining
Property. The duties and benefits of this                     Agreement will bind and
benefit the successors and assigns of you and me.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>16.
                      AMENDMENT, INTEGRATION AND SEVERABILITY. </B>This Agreement may not
be amended                     or modified by oral agreement. No amendment or
modification of this Agreement is                     effective unless made in writing
and executed by you and me. This Agreement is                     the complete and final
expression of the understanding between you and me. If                     any provision
of this Agreement is unenforceable, then the unenforceable                     provision
will be severed and the remaining provisions will still be
                    enforceable.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>17.
                      INTERPRETATION. </B>Whenever used, the singular includes the plural
and the                     plural includes the singular. The section headings are for
convenience only and                     are not to be used to interpret or define the
terms of this Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>18.                       NOTICE,
FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. </B>Unless otherwise
                    required by law, any notice will be given by delivering it or mailing
it by                     first class mail to the appropriate party&#146;s address listed
in the DATE AND                     PARTIES section, or to any other address designated
in writing. Notice to one                     party will be deemed to be notice to all
parties. I will inform you in writing                     of any change in my name,
address or other application information. I will                     provide you any
financial statement or information you request. All financial
                    statements and information I give you will be correct and complete. I
agree to                     sign, deliver, and file any additional documents or
certifications that you may                     consider necessary to perfect, continue,
and preserve my obligations under this                     Agreement and to confirm your
lien status on any Property. Time is of the                     essence.  </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266025123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 5&nbsp;</FONT></TD></TR>
</TABLE>



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<HR SIZE=5 COLOR=GRAY NOSHADE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>SIGNATURES.</B>                      By
signing under seal, I agree to the terms contained in this Agreement. I also
                    acknowledge receipt of a copy of this Agreement.  </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>
<b>DEBTOR:</b> </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=10% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD WIDTH=90% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WidePoint Corporation</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Widepoint IL, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WP NBIL, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Chesapeake Government Technologies, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Operational Research Consultants, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>iSYS, LLC</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
</TABLE>


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

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Security Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266025123107Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 6&nbsp;</FONT></TD></TR>
</TABLE>

 </BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.7
<SEQUENCE>9
<FILENAME>cmw3201h.htm
<DESCRIPTION>$2,000,000 PROMISSORY NOTE
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>



<TABLE CELLPADDING=3 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR>
     <TD COLSPAN=5><HR NOSHADE COLOR=#000000 SIZE=1></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>LOAN NUMBER</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>LOAN NAME</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>ACCT. NUMBER</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>NOTE DATE</B></FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>INITIALS</B></FONT></TD></TR>
<TR VALIGN=top>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>WidePoint <BR>Corporation</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>01/02/08</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>NOTE AMOUNT</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>INDEX (w/Margin)</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>RATE</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>MATURITY DATE</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>LOAN PURPOSE</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>$2,000,000.00</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>Not Applicable</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>7.500%</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>01/01/12</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2>Commercial</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2><B>Creditor Use Only</B></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=2></FONT></TD></TR>
<TR>
     <TD COLSPAN=5><HR NOSHADE COLOR=#000000 SIZE=1></TD></TR>
</TABLE>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> <B>PROMISSORY NOTE</B>
 <BR>(Commercial &#151;Single Advance &#151; Fixed Rate)  </FONT><HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black NOSHADE></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>DATE AND PARTIES.</B>  The date of this
Promissory Note (Note) is January 2, 2008.  The parties and their addresses are: </FONT></P>


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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>LENDER:</B> </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>
<B>CARDINAL
BANK  </B>         <BR>8270 Greensboro Drive          <BR>Suite 500          <BR>McLean, Virginia  22102
         <BR>Telephone:  (703) 584-3430 </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>
<b>BORROWER:</b> </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>
<B>WIDEPOINT
CORPORATION</B>           <BR>a Delaware Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>WIDEPOINT
IL, INC. </B>         <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>WP
NBIL, INC. </B>          <BR>an Illinois Corporation          <BR>One Lincoln Centre          <BR>18W140
Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>CHESAPEAKE
GOVERNMENT TECHNOLOGIES, INC. </B>         <BR>a Delaware Corporation          <BR>One Lincoln Centre
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </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>
<B>OPERATIONAL
RESEARCH CONSULTANTS, INC. </B>         <BR>a Virginia Corporation          <BR>11250 Waples Mills,
South Tower          <BR>Suite 250          <BR>Fairfax, Virginia 22030 </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>
<B>ISYS,
LLC </B>          <BR>a Virginia Limited Liability Company          <BR>One Lincoln Center
         <BR>18W140 Butterfield Road, Suite 1100          <BR>Oakbrook Terrace, Illinois 60181 </FONT></TD>
</TR>
</TABLE>
<BR>


<BR><BR>




<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266026122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 1&nbsp;</FONT></TD></TR>
</TABLE>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black NOSHADE><B>CONFESSION OF JUDGMENT. </B>I
appoint and authorize Neil I. Title and Julian Karpoff, either of whom may act alone,
1840 Wilson Boulevard, #205, Arlington, VA 22201, attorneys in fact, to appear in the
office of Arlington County Circuit Court, Virginia, to confess judgment against me, in
favor of you, if I default on this agreement. The confession of judgment may be without
process and <B>ONLY</B> for any amount <B>of PRINCIPAL and INTEREST</B> due on this Note.
However, it being understood that the confession of judgement shall only be effective in
such event that Borrower would be in default under this agreement, the Commercial Loan
Agreement, or any other agreement related to or securing the indebtedness evidenced
herein; and it being further understood that said default would be subject to written
notification by Lender to Borrower, and further subject to any response period specified
and allowed by Lender within said notification.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>In this notice, &#147;you&#148; means
the Borrower. IMPORTANT NOTICE: THIS INSTRUMENT CONTAINS A CONFESSION OF JUDGMENT WHICH
CONSTITUTES  A WAIVER OF IMPORTANT RIGHTS YOU MAY HAVE AS A DEBTOR AND ALLOWS THE
CREDITOR TO OBTAIN A JUDGMENT AGAINST YOU WITHOUT ANY  FURTHER NOTICE.</B> </FONT><HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black NOSHADE></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>1.           DEFINITIONS. </B>As
used in this Note, the terms 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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
                      Pronouns. </B>The pronouns &#147;I,&#148; &#147;me,&#148; and &#147;my&#148;                    refer
to each Borrower signing this Note, individually and together with their
                    heirs, successors and assigns, and each other person or legal entity
(including                     guarantors, endorsers, and sureties) who agrees to pay
this Note.                     &#147;You&#148; and &#147;Your&#148; refer to the Lender,
with its participants                     or syndicators, successors and assigns, or any
person or company that acquires                     an interest in the Loan.  </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>
<B>B.
                      Note. </B>Note refers to this document, and any extensions,
renewals,                     modifications and substitutions of this Note.  </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>
<B>C.
                      Loan. </B>Loan refers to this transaction generally, including
obligations and                     duties arising from the terms of all documents
prepared or submitted for this                     transaction such as applications,
security agreements, disclosures or notes, and                     this Note.  </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>
<B>D.
                      Property. </B>Property is any property, real, personal or
intangible, that                     secures my performance of the obligations of this
Loan.  </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>
<B>E.
                      Percent. </B>Rates and rate change limitations are expressed as
annualized                     percentages.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>2.                       PROMISE
TO PAY. </B>For value received, I promise to pay you or your order, at
                    your address, or at such other location as you may designate, the
principal sum                     of <B>$2,000,000.00 (Principal)</B> plus interest from
January 2, 2008 on the                     unpaid Principal balance until this Note
matures or this obligation is                     accelerated.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>3.           INTEREST. </B>Interest
will accrue on the unpaid Principal balance of this Note           at the rate of <B>7.500
percent (Interest Rate)</B>.  </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>
<B>A.
                      Interest After Default. </B>If you declare a default under the
terms of this                     Loan, including for failure to pay in full at maturity,
you may increase the                     Interest Rate otherwise payable as described in
this section. In such event,                     interest will accrue on the unpaid
Principal balance of this Note at a rate                     equal to the rate in effect
prior to default, plus 2.000 percent, until paid in                     full.  </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>
<B>B.
                      Maximum Interest Amount. </B>Any amount assessed or collected as
interest under                     the terms of this Note or obligation will be limited
to the Maximum Lawful                     Amount of interest allowed by state or federal
law. Amounts collected in excess                     of the Maximum Lawful Amount will be
applied first to the unpaid Principal                     balance. Any remainder will be
refunded to me.  </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>
<B>C.
                      Statutory Authority. </B>The amount assessed or collected on this
Note is                     authorized by the Virginia usury laws under Va. Code &sect;&sect; 6.1-330.49
et.                     seq.  </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>
<B>D.
                      Accrual. </B>During the scheduled term of this Loan interest
accrues using an                     Actual/360 days counting method.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>4.
                      ADDITIONAL CHARGES. </B>As additional consideration, I agree to
pay, or have                     paid, the fees and charges listed on the APPENDIX: FEES
AND CHARGES, which is                     attached to and made part of this Note. I
understand and agree that some                     payments to third parties as part of
this transaction may also involve money                     retained by you or paid back
to you as commissions or other remuneration.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>5.                       REMEDIAL
CHARGES. </B>In addition to interest or other finance charges, I agree
                    that I will pay these additional fees based on my method and pattern
of payment.                     Additional remedial charges may be described elsewhere in
this Note.  </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>
<B>A.
                      Late Charge. </B>If a payment is more than <B>10</B> days late, I
will be                     charged <B>5.000</B> percent of the Unpaid Portion of
Payment. I will pay this                     late charge promptly but only once for each
late 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%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
                      Returned Check Charge. </B>I agree to pay a fee not to exceed
$32.00 for each                     check, negotiable order of withdrawal or draft I
issue in connection with this                     Loan that is returned because it has
been dishonored.  </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>
<B>C.
                      Stop Payment. </B>A(n) Stop Payment equal to $30.00.  </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266026122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 2&nbsp;</FONT></TD></TR>
</TABLE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>6.
                      GOVERNING AGREEMENT. </B>This Note is further governed by the
Commercial Loan                     Agreement executed between you and me as part of this
Loan, as modified, amended                     or supplemented. Upon execution of this
Note, I represent that I have reviewed                     and am in compliance with the
terms contained in the Commercial Loan Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>7.                       PURCHASE
MONEY LOAN. </B>You may include the name of the seller on the check or
                    draft for this Note.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>8.                       PAYMENT.
</B>I agree to pay this Note in <B>48</B> payments. I will make <B>47</B> payments of <B>$48,446.84</B> beginning
on February 1, 2008, and on                     the 1st day of each month thereafter. A
single, final payment of the entire                     unpaid balance of Principal and
interest will be due on January 1, 2012.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Payments will be rounded to the
nearest $.01. With the final payment I also agree to pay any additional fees or charges
owing and the amount of any advances you have made to others on my behalf. Payments
scheduled to be paid on the 29th, 30th or 31st day of a month that contains no such day
will, instead, be made on the last day of such month.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Each payment I make on this Note
will be applied first to interest that is due then to principal that is due, and finally
to any charges that I owe other than principal and interest. If you and I agree to a
different application of payments, we will describe our agreement on this Note. The
actual amount of my final payment will depend on my payment record.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>9.
                      PREPAYMENT. </B>I may prepay this Loan in full or in part at any
time except as                     follows: There will be a prepayment penalty of 1.0
percent of the any balance                     prepaid during the first year of the Note,
and there will be a prepayment                     penalty of 0.50 percent during the 2<SUP>nd</SUP> year
of the Note. Any partial                     prepayment will not excuse any later
scheduled payments until I pay in full.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>10.                       LOAN
PURPOSE. </B>The purpose of this Loan is for acquisition of iSYS, LLC.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>11.
                      SECURITY. </B>This Loan is secured by separate security instruments
prepared                     together with this Note as follows:  </FONT></P>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>Document Name</B></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>Parties to Document</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Security Agreement - WidePoint Corporation,</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WidePoint Corporation, Widepoint IL, Inc., WP NBIL, Inc., Chesapeake Government</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Widepoint IL, Inc., WP NBIL, Inc., Chesapeake</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Technologies, Inc., Operational Research Consultants, Inc., iSYS, LLC</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Government Technologies, Inc., Operational</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Research Consultants, Inc., iSYS, LLC</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR>Security Agreement - WidePoint Corporation,</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WidePoint Corporation, Widepoint IL, Inc., WP NBIL, Inc., Chesapeake Government</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Widepoint IL, Inc., WP NBIL, Inc., Chesapeake</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Technologies, Inc., Operational Research Consultants, Inc., iSYS, LLC</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Government Technologies, Inc., Operational</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Research Consultants, Inc., iSYS, LLC</FONT></TD></TR>
</TABLE>
<BR>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>12.
                      ASSUMPTIONS. </B>Someone buying the Property cannot assume the
obligation.                     Except as otherwise approved in writing by the Lender in
advance, you may                     declare the entire balance of the Note to be
immediately due and payable upon                     the creation of, or contract for the
creation of, any lien, encumbrance, or                     transfer of the Property.
However, I may sell or similarly dispose of any                     Property that is
inventory.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>13.                       WAIVERS
AND CONSENT. </B>To the extent not prohibited by law, I waive protest,
                    presentment for payment, demand, notice of acceleration, notice of
intent to                     accelerate and notice of dishonor.  </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>
<B>A.
                      Additional Waivers By Borrower. </B>In addition, I, and any party
to this Note                     and Loan, to the extent permitted by law, consent to
certain actions you may                     take, and generally waive defenses that may
be available based on these actions                     or based on the status of a party
to this Note.  </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>
<B>(1)
</B>You may renew or extend payments on this Note, regardless of the number of
          such renewals or extensions.  </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>
<B>(2)
</B>You may release any Borrower, endorser, guarantor, surety, accommodation
          maker or any other co-signer.  </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>
<B>(3)
</B>You may release, substitute or impair any Property securing this Note.  </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>
<B>(4)
</B>You, or any institution participating in this Note, may invoke your right
          of set-off.  </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>
<B>(5)
</B>You may enter into any sales, repurchases or participations of this Note to
          any person in any amounts and I waive notice of such sales, repurchases or
          participations.  </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>
<B>(6)
</B>I agree that any of us signing this Note as a Borrower is authorized to
          modify the terms of this Note or any instrument securing, guarantying or
          relating to this Note.  </FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Project" -->
<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>
<B>B.
                      No Waiver By Lender. </B>Your course of dealing, or your
forbearance from, or                     delay in, the exercise of any of your rights,
remedies, privileges or right to                     insist upon my strict performance of
any provisions contained in this Note, or                     other Loan documents, shall
not be construed as a waiver by you, unless any such                     waiver is in
writing and is signed by you.  </FONT></TD>
</TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266026122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 3&nbsp;</FONT></TD></TR>
</TABLE>


<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 21; page: 21" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>14.
                      APPLICABLE LAW. </B>This Note is governed by the laws of Virginia,
the United                     States of America and to the extent required, by the laws
of the jurisdiction                     where the Property is located. In the event of a
dispute, the exclusive forum,                     venue and place of jurisdiction will be
in Virginia, unless otherwise required                     by law.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>15.                       JOINT
AND INDIVIDUAL LIABILITY AND SUCCESSORS. </B>My obligation to pay this
                    Loan is independent of the obligation of any other person who has
also agreed to                     pay it. You may sue me alone, or anyone else who is
obligated on this Loan, or                     any number of us together, to collect this
Loan. Extending this Loan or new                     obligations under this Loan, will
not affect my duty under this Loan and I will                     still be obligated to
pay this Loan. The duties and benefits of this Loan will                     bind and
benefit the successors and assigns of you and me.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>16.
                      AMENDMENT, INTEGRATION AND SEVERABILITY. </B>This Note may not be
amended or                     modified by oral agreement. No amendment or modification
of this Note is                     effective unless made in writing and executed by you
and me. This Note is the                     complete and final expression of the
agreement. If any provision of this Note is                     unenforceable, then the
unenforceable provision will be severed and the                     remaining provisions
will still be enforceable.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>17.
                      INTERPRETATION. </B>Whenever used, the singular includes the plural
and the                     plural includes the singular. The section headings are for
convenience only and                     are not to be used to interpret or define the
terms of this Note.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>18.                       NOTICE,
FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. </B>Unless otherwise
                    required by law, any notice will be given by delivering it or mailing
it by                     first class mail to the appropriate party&#146;s address listed
in the DATE AND                     PARTIES section, or to any other address designated
in writing. Notice to one                     party will be deemed to be notice to all
parties. I will inform you in writing                     of any change in my name,
address or other application information. I agree to                     sign, deliver,
and file any additional documents or certifications that you may
                    consider necessary to perfect, continue, and preserve my obligations
under this                     Loan and to confirm your lien status on any Property. Time
is of the essence.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>19.                       CREDIT
INFORMATION. </B>I agree to supply you with whatever information you
                    reasonably request. You will make requests for this information
without undue                     frequency, and will give me reasonable time in which to
supply the information.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>20.                       ERRORS
AND OMISSIONS. </B>I agree, if requested by you, to fully cooperate in
                    the correction, if necessary, in the reasonable discretion of you of
any and all                     loan closing documents so that all documents accurately
describe the loan                     between you and me. I agree to assume all costs
including by way of illustration                     and not limitation, actual expenses,
legal fees and marketing losses for failing                     to reasonably comply with
your requests within thirty (30) days.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>21.
                      SIGNATURES.</B> By signing under seal, I agree to the terms
contained in this                     Note. I also acknowledge receipt of a copy of this
Note.  </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BORROWER SIGNATURES </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WidePoint Corporation </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Sub 2 Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2> By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of WidePoint Corporation a Delaware corporation, on behalf of the corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration
Number: _________________ &nbsp;&nbsp;&nbsp;&nbsp;My Commission Expires: ________________ </FONT></P>


<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266026122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 4&nbsp;</FONT></TD></TR>
</TABLE>


<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 22; page: 22" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BORROWER SIGNATURES
(continued) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Widepoint IL, Inc. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of Widepoint IL, Inc. an Illinois corporation, on behalf of the corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration
Number: _________________ &nbsp;&nbsp;&nbsp;&nbsp;My Commission Expires: ________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WP NBIL, Inc. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of WP NBIL, Inc. an Illinois corporation, on behalf of the corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration
Number: _________________ &nbsp;&nbsp;&nbsp;&nbsp;My Commission Expires: ________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chesapeake Government
Technologies, Inc. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of Chesapeake Government Technologies, Inc. a Delaware corporation, on behalf of
the corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________  &nbsp;&nbsp;&nbsp;&nbsp; Registration Number: _________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>My Commission
Expires: ________________ </FONT></P>



<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266026122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 5&nbsp;</FONT></TD></TR>
</TABLE>


<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 23; page: 23" -->
<HR SIZE=5 COLOR=GRAY NOSHADE>


<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BORROWER SIGNATURES
(continued) </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Operational Research
Consultants, Inc. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of Operational Research Consultants, Inc. a Virginia corporation, on behalf of the
corporation. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________  &nbsp;&nbsp;&nbsp;&nbsp; Registration Number: _________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>My Commission
Expires: ________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>iSYS, LLC </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By_________________________________
(Seal)<BR>&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President  </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ACKNOWLEDGMENT (REQUIRED FOR
CONFESSION OF JUDGMENT): <BR>(Business or Entity) </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>COMMONWEALTH OF ________________,
COUNTY (OR CITY) OF ________________ ss. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This instrument was acknowledged
before me this _____________ day of ____________________, _____________ by Authorized Signer
&#151; of iSYS, LLC a Limited Liability Company on behalf of the Limited Liability
Company. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Notary
Public: __________________________  &nbsp;&nbsp;&nbsp;&nbsp; Registration Number: _________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Project" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>My Commission
Expires: ________________ </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>back to you as commissions or other
remuneration.  </FONT></P>

<BR><BR><BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Promissory Note</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266026122707N</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 6&nbsp;</FONT></TD></TR>
</TABLE>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.8
<SEQUENCE>10
<FILENAME>cmw3201i.htm
<DESCRIPTION>DEBT SUBORDINATION AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>DEBT SUBORDINATION
AGREEMENT </FONT><HR ALIGN=LEFT WIDTH=100% SIZE=1 color=black NOSHADE></H1>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>DATE AND PARTIES.  The date of this
Debt Subordination  Agreement  (Agreement) is January 2, 2008. The parties and their
addresses  are: </FONT></P>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 1-TNR" FSL="Project" -->
<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>
<b>BORROWER:</b> </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>
<B>WIDEPOINT
CORPORATION</B> <BR>a Delaware Corporation<BR>One Lincoln Centre <BR>18W140 Butterfield Road, Suite
1100<BR>Oakbrook Terrace, Illinois 60181  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>WIDEPOINT
IL, INC.</B> <BR>an Illinois Corporation<BR>One Lincoln Centre <BR>18W140 Butterfield Road, Suite
1100<BR>Oakbrook Terrace, Illinois 60181  </FONT></TD>
</TR>
</TABLE>
<BR>


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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>WP
NBIL, INC. </B><BR>an Illinois Corporation<BR>One Lincoln Centre <BR>18W140 Butterfield Road, Suite
1100<BR>Oakbrook Terrace, Illinois 60181  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>CHESAPEAKE
GOVERNMENT TECHNOLOGIES, INC.</B> <BR>a Delaware Corporation<BR>One Lincoln Centre <BR>18W140 Butterfield
Road, Suite 1100<BR>Oakbrook Terrace, Illinois 60181  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>OPERATIONAL
RESEARCH CONSULTANTS, INC.</B> <BR>a Virginia Corporation<BR>11250 Waples Mills, South Tower <BR>Suite
250<BR>Fairfax, Virginia 22030  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>ISYS,
LLC</B> <BR>a Virginia Limited Liability Company<BR>One Lincoln Center<BR>18W140 Butterfield Road, Suite
1100<BR>Oakbrook Terrace, Illinois 60181  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<b>SUBORDINATING
CREDITOR:</b> </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>
<B>JIN
KANG </B><BR>Address:_______________________________<BR>________________________________________  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<b>LENDER:</b> </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>
<B>CARDINAL
BANK </B><BR>8270 Greensboro Drive<BR>Suite 500<BR>McLean, Virginia 22102 </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>1.&nbsp;&nbsp;&nbsp;&nbsp;          BORROWER.
</B>The Borrower owes debts, liabilities and obligations to both           Subordinating
Creditor and Lender.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>2.&nbsp;&nbsp;&nbsp;&nbsp;          SUBORDINATED
DEBT. </B>The Subordinated Debt will include the following: A           certain
Installment Cash Promissory Note from WidePoint Corporation to Jin Kang           dated
January 4, 2008 in the amount of $2,000,000.00; together with Earnout           payments
specified under that certain Membership Interest Purchase Agreement           between
WidePoint Corporation, iSYS, LLC and Jin Kang dated the 2nd day of           January,
2008.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>3.&nbsp;&nbsp;&nbsp;&nbsp;          SENIOR
DEBT. </B>Borrower currently owes the following debts, liabilities and
          obligations to Lender: Borrower has requested Lender to provide Borrower with
          credit, described as follows. As of January 2, 2008, Borrower will owe Lender
up           to an outstanding principal balance of $7,000,000.00. The Senior Loan
Documents           permit or will permit multiple or future advances. The Senior Debt is
all           current and future debts, liabilities and obligations that Borrower owes to
          Lender, whether direct or indirect, absolute or contingent, secured or
          unsecured, due or to become due, or created or acquired by assignment or
          otherwise, and post-petition bankruptcy advances, with all interest, fees and
          other amounts Borrower owes under the applicable loan or credit agreement or
          instrument.  </FONT></P>


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<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Debt Subordination Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 1&nbsp;</FONT></TD></TR>
</TABLE>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>4.&nbsp;&nbsp;&nbsp;&nbsp;          CONSIDERATION.
</B>Lender is willing to provide Borrower with the requested           credit only if
Subordinating Creditor will subordinate the Subordinated Debt to           the Senior
Debt. Subordinating Creditor will benefit from Lender extending           credit to
Borrower. Subordinating Creditor acknowledges that each future           extension of
credit by Lender to Borrower will be made in reliance on this           Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>5.&nbsp;&nbsp;&nbsp;&nbsp;          SUBORDINATION.
</B>Until the Senior Debt is fully paid, Borrower will not pay           the Subordinated
Debt or transfer or encumber the property securing the           Subordinated Debt,
except as follows: After written confirmation by Lender that           Borrower has, as
determined according to audited financial results for the           period ending
December 31, 2008, complied with all financial covenants and           conditions
required under a certain Commercial Loan Agreement between Borrower           and Lender
dated January 2, 2008, Borrower may provide and Subordinating           Creditor may
accept payment on the Subordinated Debt..  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Subordinating Creditor waives the
right to receive or enforce, any security for the Subordinated Debt. Subordinating
Creditor will be subrogated to Lender&#146;s right to receive payments on the Senior Debt
to the extent Lender receives payments on the Subordinated Debt. Subordinating Creditor
may exercise this right of subrogation only after the Senior Debt is fully paid.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>6.&nbsp;&nbsp;&nbsp;&nbsp;          SECURITY
INTEREST. </B>To secure the payment and performance of the Senior Debt,
          Subordinating Creditor transfers and assigns to Lender all of Subordinating
          Creditor&#146;s right, title and interest in and to, and grants Lender a
          security interest in each instrument representing the Subordinated Debt and in
          any real or personal property securing the Subordinated Debt. To fully perfect
          this security interest, Subordinating Creditor will deliver to Lender each
          instrument, endorsed to Lender, a properly executed financing statement and any
          other instrument Lender considers necessary to attach and perfect Lender&#146;s
          security interest. For purposes of this section and any related agreements,
          Lender is a creditor and Subordinating Creditor is a debtor as defined under
the           Uniform Commercial Code. Lender may exercise Lender&#146;s rights under
this           section without first proceeding against Borrower or Subordinating
Creditor.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>7.&nbsp;&nbsp;&nbsp;&nbsp;          WARRANTY.
</B>Subordinating Creditor and Borrower warrant to Lender that the           Subordinated
Debt is, or will be at time of acquisition, represented by an           instrument and
held by Subordinating Creditor free and clear of any other           transfers,
assignments, liens, encumbrances or subordinations. Subordinating           Creditor and
Borrower warrant to Lender that each has the power and authority to           enter into
this Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>If Subordinating Creditor is not an
individual, Subordinating Creditor warrants that its board of directors or its board&#146;s
loan committee (or other governing group) approved this Agreement, that the minutes or a
written resolution reflect this approval and that Subordinating Creditor will maintain
this Agreement and the minutes or resolution as a part of its official record.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>8.&nbsp;&nbsp;&nbsp;&nbsp;          AGREEMENTS.
</B>Subordinating Creditor will not transfer, assign, encumber or           subordinate
the Subordinated Debt, other than under this Agreement, without           Lender&#146;s
prior written consent. Subordinating Creditor will not convert any           or all of
the Subordinated Debt to capital stock or other securities of           Borrower.
Subordinating Creditor will not forgive, discharge or cancel the           Subordinated
Debt. Subordinating Creditor and Borrower will not modify the           Subordinated Debt
or any related agreement without Lender&#146;s prior written           consent.
Subordinating Creditor will not begin or join with any other creditors           to put
Borrower into bankruptcy, reorganization or other insolvency proceeding.
          Subordinating Creditor&#146;s books and records will indicate that payments for
          the Subordinated Debt are subordinate to Lender&#146;s Senior Debt.
          Subordinating Creditor and Borrower will not take or permit any action that is
          inconsistent with this Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Borrower and Subordinating Creditor
agree that this Agreement is solely for Lender&#146;s protection. This Agreement does not
impose any additional duties on Lender concerning the Borrower&#146;s or Subordinating
Creditor&#146;s property, except Lender will exercise reasonable care in the custody and
preservation of this property when it&#146;s in Lender&#146;s possession.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>9.&nbsp;&nbsp;&nbsp;&nbsp;          INFORMATION.
</B>Subordinating Creditor will provide Lender with any information           Lender
requests from time to time concerning the Subordinated Debt or otherwise
          related to this Agreement. After Lender gives Subordinating Creditor prior
          notice, Subordinating Creditor and Borrower will allow Lender to inspect their
          records concerning the Subordinated Debt and to place the legend on any
          instruments as this Agreement requires.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>10.&nbsp;&nbsp;&nbsp;&nbsp;          LEGEND.
</B>Subordinating Creditor or Borrower will provide the following           legend,
properly completed, on each instrument representing the Subordinated           Debt:  </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
The
rights of the holder hereof are subordinate and inferior and subject to the rights of
Cardinal Bank (Lender) under a Debt Subordination Agreement among Lender, Jin Kang
(Subordinating Creditor) and WidePoint Corporation, Widepoint IL, Inc., WP NBIL, Inc.,
Chesapeake Government Technologies, Inc., Operational Research Consultants, Inc. and
iSYS, LLC (Borrower), dated January 2, 2008.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>11.&nbsp;&nbsp;&nbsp;&nbsp;          CROSS-DEFAULT.
</B>A default under this Agreement constitutes a default under           each agreement
Borrower has with Lender.  </FONT></P>


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<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Debt Subordination Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 2&nbsp;</FONT></TD></TR>
</TABLE>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>12.&nbsp;&nbsp;&nbsp;&nbsp;          SPECIFIC
PERFORMANCE. </B>Lender may demand specific performance of this           Agreement.
Subordinating Creditor irrevocably waives any defense that may be           asserted to
bar Lender&#146;s remedy to specific performance, such as the           adequacy of a
remedy at law.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>13.&nbsp;&nbsp;&nbsp;&nbsp;          OTHER
REMEDIES. </B>If Subordinating Creditor receives any payment, other than           as
provided in this Agreement, or enforces the Subordinated Debt or its           security,
then Subordinating Creditor will hold any payment, security or           proceeds in
trust for Lender. Subordinating Creditor will then promptly turn           over to Lender
any payment, security or its proceeds in the form received and           properly
endorsed to Lender. Lender may apply the payment, security or proceeds           as
Lender considers appropriate to any debts, liabilities and obligations that
          Borrower owes Lender. This Agreement is unaffected by Lender&#146;s waiver,
          forbearance or amendment of any of Borrower&#146;s debts, liabilities and
          obligation&#146;s to Lender.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>14.&nbsp;&nbsp;&nbsp;&nbsp;          BORROWER
INSOLVENCY. </B>At Lender&#146;s request, Subordinating Creditor will           do the
following when Borrower becomes subject to bankruptcy, insolvency           proceedings,
or marshaling of assets and liabilities.  </FONT></P>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>A.
</B>Subordinating Creditor will collect and receive for Lender&#146;s account,
               the Subordinated Debt and any other payments or distributions concerning
the                Subordinated Debt.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>B.
</B>Subordinating Creditor will file appropriate claims or proofs of claim for
                    the Subordinated Debt.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<B>C.
</B>Subordinating Creditor will execute and deliver to Lender any powers of
                    attorney, assignments or other instruments necessary for Lender&#146;s
                    enforcement of any claims for the Subordinated Debt.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Lender may also take these same
actions on its own behalf and any other action as Lender considers appropriate for
enforcing Lender&#146;s rights, including voting the Subordinated Debt, and will apply
any payment or distribution received to the Senior Debt.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>15.&nbsp;&nbsp;&nbsp;&nbsp;          ATTORNEYS&#146; FEES.
</B>The prevailing party will be entitled to receive from           the losing party the
prevailing party&#146;s reasonable costs and expenses           incurred in any
proceeding concerning this Agreement, including court costs and           attorneys&#146; fees.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>16.&nbsp;&nbsp;&nbsp;&nbsp;          WAIVER
OF NOTICE. </B>Borrower and Subordinating Creditor waive all notices from
          Lender relative to this Agreement, including its acceptance, notice of
          Borrower&#146;s default under any agreement with Lender, or of Lender&#146;s
          extension of credit to Borrower or other notices.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>17.&nbsp;&nbsp;&nbsp;&nbsp;          SUCCESSORS.
</B>The duties and benefits of this Agreement will bind and benefit           the
successors and assigns of Subordinating Creditor, Borrower and Lender.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>18.&nbsp;&nbsp;&nbsp;&nbsp;          TERM.
</B>After notifying Lender, Subordinating Creditor may end this Agreement           for
any debts, liabilities and obligations Borrower owes to Lender arising under
          future agreements. Otherwise, this Agreement will end only after Borrower has
          fully paid and performed on all debts, liabilities and obligations owed to
          Lender. For the purposes of this section, &#147;future agreements&#148; excludes
          any debts, liabilities and obligations owed by Borrower to Lender that are
          created under any commitments effective on this Agreement&#146;s date. The
          Subordinating Creditor&#146;s death or dissolution or bankruptcy will not
          terminate this Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>19.&nbsp;&nbsp;&nbsp;&nbsp;          AMENDMENT,
INTEGRATION AND SEVERABILITY. </B>This Agreement may not be amended           or modified
by oral agreement. No amendment or modification of this Agreement is           effective
unless made in writing and executed by Subordinating Creditor,           Borrower and
Lender. This Agreement is the complete and final expression of the           agreement.
If any provision of this Agreement is unenforceable, then the           unenforceable
provision will be severed and the remaining provisions will still           be
enforceable.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>20.&nbsp;&nbsp;&nbsp;&nbsp;          INTERPRETATION.
</B>Whenever used, the singular includes the plural and the           plural includes the
singular. The section headings are for convenience only and           are not to be used
to interpret or define the terms of the Agreement.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>21.&nbsp;&nbsp;&nbsp;&nbsp;          WAIVER.
</B>By choosing any one or more remedies Lender does not give up           Lender&#146;s
right to use any other remedy. Lender does not waive a default if           Lender
chooses not to use a remedy. By electing not to use any remedy, Lender           does not
waive Lender&#146;s right to later consider the event a default and to           use any
remedies if the default continues or occurs again.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>22.&nbsp;&nbsp;&nbsp;&nbsp;          APPLICABLE
LAW. </B>This Agreement is governed by the laws of Virginia, the           United States
of America and to the extent required, by the laws of the           jurisdiction where
the Property is located.  </FONT></P>

<BR><BR><BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Debt Subordination Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 3&nbsp;</FONT></TD></TR>
</TABLE>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>SIGNATURES.</B>           By
signing under seal, Borrower, Subordinating Creditor and Lender agree to the
          terms contained in this Agreement. Borrower and Subordinating Creditor also
          acknowledge receipt of a copy of this Agreement.  </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>
<B>BORROWER:</B> </FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=10% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD WIDTH=90% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WidePoint Corporation</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Widepoint IL, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>WP NBIL, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Chesapeake Government Technologies, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>Operational Research Consultants, Inc.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>iSYS, LLC</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________ (Seal)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;James T. McCubbin, Vice President</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>
<B>SUBORDINATING
CREDITOR: </B></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>
_______________________________________
(Seal)          <BR>Jin Kang          <BR>Individually </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>
<B>LENDER:</B> </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>
Cardinal
Bank </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>
&nbsp;&nbsp;&nbsp;&nbsp;By_________________________________
(Seal) </FONT></TD>
</TR>
</TABLE>
<BR>



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

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD COLSPAN=3><FONT FACE="Times New Roman" SIZE=1></FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=40% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>WidePoint Corporation</FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD>
     <TD WIDTH=30% ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Virginia Debt Subordination Agreement</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Initials&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>_____&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>VA/4HancockD00725200004266022122707Y</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman" SIZE=1>-1996 Bankers Systems, Inc., St. Cloud, MN C</FONT></TD>
     <TD ALIGN=RIGHT><FONT FACE="Times New Roman" SIZE=1>Page 4&nbsp;</FONT></TD></TR>
</TABLE>


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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>11
<FILENAME>cmw3201j.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>





<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1><IMG SRC="isys.gif"></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1><IMG SRC="widepoint.gif"></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=80% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1><B>iSYS, LLC</B></FONT></TD>
     <TD WIDTH=20% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1><B>WidePoint Corporation</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>7926 Jones Branch Road, Suite 520</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>One Lincoln Center</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>McLean, VA 22102</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Suite 1100</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>703-349-5644 Phone</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>Oakbrook Terrace, IL 60181</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1><U>http://www.isysllc.com</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1>630-629-0003 Phone</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1><U>http://www.widepoint.com</U></FONT></TD></TR>
</TABLE>
<BR>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2></FONT><HR COLOR=BLACK SIZE=1 NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=75% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1><B>A WidePoint Corporation News Release</B></FONT></TD>
     <TD WIDTH=25% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>News Release: FINAL</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B>FOR IMMEDIATE RELEASE</B></FONT><HR COLOR=BLACK SIZE=1 NOSHADE></TD></TR>
</TABLE>







<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-TNR" FSL="Project" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>WidePoint Acquires iSYS </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Center Italic-TNR" FSL="Project" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>WidePoint
significantly expands presence in growing identity assurance and mobile <BR>technology
management markets </I></FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>FAIRFAX, Va. &#150; January 2,
2008 &#150; </B>WidePoint Corporation (AMEX: WYY), a leading provider of information
technology and identity assurance management services, announced today that it executed
definitive agreements to acquire iSYS LLC, an advanced information technology solutions
provider to the US federal government focused on information technology assurance,
forensic informatics and mobile communications optimization and management services. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>iSYS, headquartered in McLean, Va.,
was founded in 1999 and provides critical IT services through a number of contract
vehicles to a broad range of customers including the US Department of Homeland Security,
US Department of Justice, US Transportation Security Administration, Federal Bureau of
Investigation, US Defense Logistics Agency, the Kansas Bureau of Investigation, the City
of San Diego and many leading systems integrators. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>For the fiscal year ending December
31, 2007, iSYS is projecting to report over approximately $18 million in revenue and its
sixth consecutive year of positive growth and profitability. iSYS&#146; current contract
backlog, which represents the estimated revenues expected to be derived from awarded
contracts over their remaining lives, is approximately $75.0 million, with approximately
$50 million of that backlog through 2009 and the remainder through 2012. Under the terms
of the transaction, WidePoint also acquired complete and exclusive ownership of the
intellectual property portfolio of iSYS. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The acquisition was materially
financed through a senior debt facility provided by Cardinal Bank. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>WYY <BR>Page 1 of 3</B> </FONT></P>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WidePoint CEO Steve Komar said,
&#147;This acquisition continues to improve our already strong capabilities in the federal
information management and identity assurance space, while adding high growth mobile
technology management and forensic informatics software and services skills to our cross
sales business strategy. iSYS&#146; proven expertise and high value government clearances,
contract vehicles and impressive customer base has positioned the company to continue its
strong growth and expansion well into the foreseeable future. Combining iSYS&#146;
capabilities and opportunities with those of WidePoint significantly expands our footprint
in our target markets and enhances our ability to service and grow the portfolio of
products and services we provide to our clients.&#148; </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Jin Kang, President of iSYS, said,
&#147;We are excited about the opportunity to become a key contributor to the growth of a
company we hold in high regard. We look forward to leveraging WidePoint&#146;s contacts,
managerial expertise, technical abilities and high profile to add to our already strong
growth pipeline. Our portfolio of services fits well with WidePoint&#146;s advanced
solutions, benefiting each of our client bases and enabling us to jointly pursue new high
visibility opportunities.&#148; </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WidePoint&#146;s CFO Jim McCubbin
added, &#147;We believe the acquisition of iSYS will be immediately accretive to WidePoint
given the large multi-year, multi-million dollar backlog at iSYS along with their pipeline
of new opportunities they presently are bidding on. By principally utilizing approximately
$5 million dollars in senior structured debt for a large portion of the purchase price,
along with $2 million dollars in a sellers note and 1.5 million common shares of
WidePoint, we believe we have optimized the value and risk profile of WidePoint as we
minimized dilution to all our shareholders.&#148; </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Cardinal Bank SVP Sushil Clarence
stated, &#147;We are pleased to have expanded our relationship with WidePoint through this
transaction. The combination of these two businesses with their complementary management
teams, contract vehicles, technologies and backlogs of business add great strength to this
newly expanded business enterprise.&#148; </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Details regarding the terms of the
agreement will be available in WidePoint&#146;s Form 8-K filing concerning this
transaction with the Securities and Exchange Commission. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Project" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>About WidePoint </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WidePoint is a technology-based
provider of products and services to the government sector and commercial markets.
WidePoint specializes in providing systems engineering, integration and information
technology services. WidePoint&#146;s wholly owned subsidiary, Operational Research
Consultants, Inc. (ORC), is at the forefront of implementing government-compliant
eAuthentication identity management managed services and associated systems
engineering/integration. ORC has earned four major U.S. federal government certifications
offering the highest levels of assurance for transactions over the Internet. For more
information on ORC, visit <U>http://www.orc.com</U> or call 1-800-816-5548. </FONT></P>


<!-- MARKER FORMAT-SHEET="Head Right-TNR" FSL="Project" -->
<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>WYY <BR>Page 2 of 3</B> </FONT></P>


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<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WidePoint&#146;s profile of customers
encompasses U.S. Federal Government agencies, including the Department of Defense, the
Department of Homeland Security and the Department of Justice as well as major U.S.
defense contractors and several major pharmaceutical companies. For more information,
visit <U>http://www.widepoint.com</U>. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>An investment profile about WidePoint
may be found at <U>http://www.hawkassociates.com/wyyprofile.aspx</U>. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>For investor relations information
regarding WidePoint, contact Frank Hawkins or Cale Smith, Hawk Associates, at
305-451-1888, e-mail: <U>info@hawkassociates.com</U>. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Project" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Safe-Harbor Statement under the
Private Securities Litigation Reform Act of 1995: This press release may contain
forward-looking information within the meaning of Section 21E of the Securities Exchange
Act of 1934, as amended (the Exchange Act), including all statements that are not
statements of historical fact regarding the intent, belief or current expectations of the
company, its directors or its officers with respect to, among other things: (i) the
company&#146;s financing plans; (ii) trends affecting the company&#146;s financial
condition or results of operations; (iii) the company&#146;s growth strategy and operating
strategy; and (iv) the declaration and payment of dividends. The words &#147;may,&#148;
&#147;would,&#148; &#147;will,&#148; &#147;expect,&#148; &#147;estimate,&#148;
&#147;anticipate,&#148; &#147;believe,&#148; &#147;intend&#148; and similar expressions
and variations thereof are intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are beyond the
company&#146;s ability to control, and that actual results may differ materially from
those projected in the forward-looking statements as a result of various factors including
the risk disclosed in the company&#146;s Forms 10-K and 10-Q filed with the SEC.</I> </FONT></P>




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<TR VALIGN=Bottom>
     <TD WIDTH=10% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=1><IMG SRC="hawk.gif"></FONT></TD>
     <TD WIDTH=90% ALIGN=LEFT><FONT FACE="Times New Roman" SIZE=2><B><I>Investor Relations Contact:</I> </B>
<BR>Hawk Associates, Inc.
<BR>Frank Hawkins and Cale Smith <BR>
Phone: (305) 451-1888 <BR>
Email: <U>info@hawkassociates.com</U> <BR>
<U>http://www.hawkassociates.com</U></FONT></TD></TR>
</TABLE>






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

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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>WYY <BR>Page 3 of 3</B> </FONT></P>



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<SEQUENCE>12
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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