Third Additional Issuance Agreement Sample Contracts

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THIRD ADDITIONAL ISSUANCE AGREEMENT
Third Additional Issuance Agreement • December 5th, 2006 • Arkados Group, Inc. • Services-business services, nec

This Third Additional Issuance Agreement (this “Agreement”), dated November 30, 2006, is made pursuant to that certain Securities Purchase Agreement, dated as of June 30, 2006, as amended (the “Purchase Agreement”), by and between Arkados Group, Inc. (formerly CDKNET.COM, Inc.) (the “Company”) and Bushido Capital Master Fund, LP (“Bushido” or the “New Purchaser,”), Pierce Diversified Strategy Master Fund, LLC - Series BUS (“Pierce”), Andreas Typaldos (“Typaldos”) and Andreas Typaldos Family Limited Partnership (“Typaldos LP”) for the purchase of the Company’s 6% Secured Convertible Debenture due December 28, 2008 (the “Debenture”) and the Common Stock purchase warrant issued in connection therewith (the “Warrant”). Capitalized terms used and not otherwise defined herein that are defined in the Purchase Agreement shall have the meanings given such terms in the Purchase Agreement.

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