0000950136-06-007741 Sample Contracts

WARRANT CLARIFICATION AGREEMENT
Warrant Clarification Agreement • September 15th, 2006 • Juniper Partners Acquisition Corp. • Blank checks • New York

This Warrant Clarification Agreement (this ‘‘Agreement’’), dated September 12, 2006, is to the Warrant Agreement, dated as of July 13, 2005 (the ‘‘Warrant Agreement’’), by and between Juniper Partners Acquisition Corp., a Delaware corporation (‘‘Company’’), and Continental Stock Transfer & Trust Company, a New York corporation (‘‘Warrant Agent’’).

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AMENDMENT TO UNIT PURCHASE OPTION
Unit Purchase Option • September 15th, 2006 • Juniper Partners Acquisition Corp. • Blank checks

This AMENDMENT TO UNIT PURCHASE OPTION (this ‘‘Amendment’’), dated September 12, 2006, is made by and between Juniper Partners Acquisition Corp. (the ‘‘Company’’) and HCFP/Brenner Securities LLC (‘‘Holder’’), to that certain Unit Purchase Option referred to below.

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