GENERAL RELEASE
AGREEMENT

     

    This
GENERAL RELEASE
AGREEMENT (this “Agreement”), dated as
of October __, 2010, is entered into by and among InVivo Therapeutics Holding
Corp., a Nevada corporation (“Seller”), DSource Split Corp., a Delaware
corporation (“Split-Off Subsidiary”), and Peter Reichard, Peter Coker and
Lawrence Reichard (“Buyers”). In consideration of the mutual benefits to be
derived from this Agreement, the covenants and agreements set forth herein, and
other valuable consideration, the receipt and sufficiency of which are hereby
acknowledged by the execution and delivery hereof, the parties hereto hereby
agree as follows:

     

    1.           Split-Off
Agreement.  This Agreement is
executed and delivered by Split-Off Subsidiary pursuant to the requirements of
Section 8.3 of that certain Split-Off Agreement (the “Split-Off Agreement”) by
and among Seller, Split-Off Subsidiary and Buyers as a condition precedent to
the closing (the “Closing”) of the Split-Off Agreement.

     

    2.           Release
and Waiver by Split-Off Subsidiary.  For and in
consideration of the covenants and promises contained herein and in the
Split-Off Agreement, the receipt and sufficiency of which are hereby
acknowledged, Split-Off Subsidiary, on behalf of itself and its assigns,
representatives and agents, if any, hereby covenants not to sue and fully,
finally and forever completely releases Seller, along with its present, future
and former officers, directors, stockholders, members, employees, agents,
attorneys and representatives (collectively, the “Seller Released Parties”), of
and from any and all claims, actions, obligations, liabilities, demands and/or
causes of action, of whatever kind or character, whether now known or unknown,
which Split-Off Subsidiary has or might claim to have against the Seller
Released Parties for any and all injuries, harm, damages (actual and punitive),
costs, losses, expenses, attorneys’ fees and/or liability or other detriment, if
any, whenever incurred or suffered by Split-Off Subsidiary arising from,
relating to, or in any way connected with, any fact, event, transaction, action
or omission that occurred or failed to occur on or prior to the date of the
Closing.

     

    3.           Release
and Waiver by Buyers.  For and in
consideration of the covenants and promises contained herein and in the
Split-Off Agreement, the receipt and sufficiency of which are hereby
acknowledged, Buyers hereby covenant not to sue and fully, finally and forever
completely release the Seller Released Parties of and from any and all claims,
actions, obligations, liabilities, demands and/or causes of action, of whatever
kind or character, whether now known or unknown which Buyers have or might claim
to have against the Seller Released Parties for any and all injuries, harm,
damages (actual and punitive), costs, losses, expenses, attorneys’ fees and/or
liability or other detriment, if any, whenever incurred or suffered by Buyers
arising from, relating to, or in any way connected with, any fact, event,
transaction, action or omission that occurred or failed to occur on or prior to
the date of the Closing.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    4.           Additional Covenants and
Agreements.

     

    (a)           Each
of Split-Off Subsidiary and Buyers, on the one hand, and Seller, on the other
hand, waives and releases the other from any claims that this Agreement was
procured by fraud or signed under duress or coercion so as to make this
Agreement not binding.

     

    (b)           Each
of the parties hereto acknowledges and agrees that the releases set forth herein
do not include any claims the other party hereto may have against such party for
such party’s failure to comply with or breach of any provision in this Agreement
or the Split-Off Agreement.

     

    (c)           Notwithstanding
anything contained herein to the contrary, this Agreement shall not release or
waive, or in any manner affect or void, any party’s rights and obligations under
the Split-Off Agreement.

     

    5.           Modification.  This Agreement
cannot be modified orally and can only be modified through a written document
signed by both parties.

     

    6.           Severability.  If any provision
contained in this Agreement is determined to be void, illegal or unenforceable,
in whole or in part, then the other provisions contained herein shall remain in
full force and effect as if the provision that was determined to be void,
illegal or unenforceable had not been contained herein.

     

    7.           Expenses.  The parties
hereto agree that each party shall pay its respective costs, including
attorneys’ fees, if any, associated with this Agreement.

     

    8.           Further
Acts and Assurances.  Split-Off Subsidiary and each Buyer
agrees that it will act in a manner supporting compliance, including compliance
by its Affiliates, with all of its obligations under this Agreement and, from
time to time, shall, at the request of Seller, and without further
consideration, cause the execution and delivery of such other instruments of
release or waiver and take such other action or execute such other documents as
such party may reasonably request in order to confirm or effect the releases,
waivers and covenants contained herein, and, in the case of any claims, actions,
obligations, liabilities, demands and/or causes of action that cannot be
effectively released or waived without the consent or approval of other persons
or entities that is unobtainable, to use its best reasonable efforts to ensure
that the Seller Released Parties receive the benefits thereof to the maximum
extent permissible in accordance with applicable law or other applicable
restrictions, and shall perform such other acts which may be reasonably
necessary to effectuate the purposes of this Agreement.  For the
purposes of this Agreement, an “Affiliate” is a person or entity that directly,
or indirectly through one or more intermediaries, controls or is controlled by,
or is under common control with, another specified person or
entity.

     

    9.           Governing
Law.  This Agreement
shall be governed by and construed in accordance with the laws of the State of
New York, without giving effect to principles of conflicts or choice of laws
thereof.

     

    
      
         

      

      
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    10.         Entire
Agreement. This
Agreement constitutes the entire understanding and agreement of Seller,
Split-Off Subsidiary and Buyers and supersedes prior understandings and
agreements, if any, among or between Seller, Split-Off Subsidiary and Buyers
with respect to the subject matter of this Agreement, other than as specifically
referenced herein. This Agreement does not, however, operate to supersede or
extinguish any confidentiality, non-solicitation, non-disclosure or
non-competition obligations owed by Split-Off Subsidiary or Buyers to Seller
under any prior agreement.

     

    [Signature
Page Follows]


    
      
         


      

      
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    IN WITNESS WHEREOF, the
undersigned have executed this General Release Agreement as of the day and year
first above written.

    


    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      	 
      	
                                              INVIVO
      THERAPEUTICS HOLDING CORP.

                                            
	 
      	 
      	 
      
	 
      	
                                              By:

                                            	 
      
	 
      	
                                              Name:  Peter
      A. Reichard

                                            
	 
      	
                                              Title:  President

                                            
	 
      	 
      	 
      
	 
      	
                                              DSOURCE
      SPLIT CORP.

                                            
	 
      	 
      	 
      
	 
      	
                                              By:

                                            	 
      
	 
      	
                                              Name:  Peter
      A. Reichard

                                            
	 
      	
                                              Title:  President

                                            
	 
      	 
      	 
      
	 
      	
                                              BUYERS:

                                            
	 
      	 
      	 
      
	 
      	 
      
	 
      	
                                              Peter
      Reichard

                                            
	 
      	 
      	 
      
	 
      	 
      
	 
      	
                                              Peter
      Coker

                                            
	 
      	 
      	 
      
	 
      	 
      
	 
      	
                                              Lawrence
      Reichard