ASSIGNMENT PEB-2 In consideration of One Dollar ($1.00), and other good and valuable consideration, the receipt of which is hereby acknowledged, I (we), the undersigned, ROY JONATHON ROSSER and BROWN F. WILLIAMS. Hereby sell, assign and transfer to...

                                      ASSIGNMENT                           PEB-2


    In consideration of One Dollar ($1.00), and other good and valuable
consideration, the receipt of which is hereby acknowledged, I (we), the
undersigned, XXX XXXXXXXX XXXXXX and XXXXX X. XXXXXXXX.

    Hereby sell, assign and transfer to PRINCETON ELECTRONIC BILLBOARD, INC., a
corporation of the State of New Jersey having a principal place of business at
00 Xxxxx Xxxxx Xxxxx, Xxxxxxxxx, Xxx Xxxxxx 00000, its successors, assigns and
legal representatives, the entire right, title and interest for the United
States and all foreign countries, in and to any and all improvements which are
disclosed in the application for United States Letters Patent, which has been
executed on even date herewith and is entitled SYSTEM AND METHOD FOR DOWNSTREAM
APPLICATION AND CONTROL OF ELECTRONIC BILLBOARD SYSTEM and in and to said
application and all divisional, continuing, substitute, renewal, reissue, and
all other applications for Letters Patent which have been or shall be filed in
the United States and all foreign countries on any of said improvements; and in
and to all original and reissued patents which have been or shall be issued in
the United States and all foreign countries on said improvements.

    Xxxxx that said Assignee may apply for and receive Letters Patent for 
said improvements in its own name; and that, when requested, without charge 
to but at the expense of said Assignee, its successors, assigns and legal 
representatives, to carry out in good faith the intent and purpose of this 
Assignment, the undersigned will execute all divisional, continuing, 
substitute, renewal, reissue and all other patent applications on any and all 
said improvements, execute all rightful oaths, assignments, powers of 
attorney and other papers; communicate to said Assignee, its successors, 
assigns, and representatives, all facts known to the undersigned relating to 
said improvements and the history thereof; and generally do everything 
possible which said Assignee, its successors, assigns or representatives 
shall consider desirable for aiding in securing and maintaining proper patent 
protection for said improvements and for vesting title to said improvements 
and all applications for patents and all patents on said improvements, in 
said Assignee, its successors, assigns and legal representatives;

    Covenant with said Assignee, its successors, assigns and legal
representatives that no assignment, grant, mortgage, license or other agreement
affecting the rights and property herein conveyed has been made to others by the
undersigned, and that full right to convey the same as herein expressed is
possessed by the undersigned.

                                              /s/ Xxx Xxxxxxxx Xxxxxx    (L.S.)
                                            -----------------------------
                                              XXX XXXXXXXX XXXXXX




State of NJ     :      )
                   ss:
County of Xxxxxx:      )

    Before me this 22 day of OCTOBER, 1993, personally appeared XXX XXXXXXXX
XXXXXX personally known to be the person who is described in and who executed
the above instrument, and acknowledged to me that he executed the same of his
own free will for the purpose therein set forth.


                                              /s/ Xxxxxxx X. Xxxxxxxx
                                            -----------------------------
                                                      Notary Public



                                              /s/ Xxxxx X. Xxxxxxxx      (L.S.)
                                            -----------------------------
                                              XXXXX X. XXXXXXXX

State of NJ     :       )
                   ss:
County of Xxxxxx:       )


    Before me this 22 day of OCTOBER, 1993 personally appeared XXXXX X. 
XXXXXXXX personally known to be the person who is described in and who 
executed the above instrument, and acknowledged to me that he executed the 
same of his own free will for the purpose therein set forth.



                                              /s/ Xxxxxxx X. Xxxxxxxx
                                            -----------------------------
                                                      Notary Public