##### 



LOAN RESTRUCTURE AGREEMENT
  RECITALS
      COVENANTS
 New Promissory Note




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Cancellation of Convertible Debentures
 Preston Waivers
 3.1
    
    Any default under the Loan Documents that occurred prior to the
date of this Agreement.3.2
    
    Any penalty or premium that has accrued under the Loan
Documents prior to the date of this Agreement.3.3
    
    Any obligation to register any securities of the Company
imposed under the Loan Documents that arose prior to the date of this
Agreement.
 Enforceability of Loan Documents
 Default
 Notices




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th
  
  Choice of Law
 Binding Effect
 Counterparts




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Expenses
 Section Headings
 Superseding Effect
 Time of the Essence
 Effective Date
 NETWORK INSTALLATION CORP./s/ Jeffrey R. HultmanBy:PRESTON CAPITAL PARTNERS, LLC/s/ John P. WykoffBy:




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EXHIBIT 1
 LOAN DOCUMENTS
 1.
    
    Debenture between the Company and Preston Capital Partners, LLC, dated February 3, 20052.
    
    Debenture between the Company and Preston Capital Partners, LLC, dated February 10,
20053.
    
    Debenture between the Company and Preston Capital Partners, dated May 26, 20054.
    
    Debenture between the Company and Preston Capital Partners, dated June 20, 20055.
    
    Debenture between the Company and Preston Capital Partners, dated July 20, 20056.
    
    Debenture between the Company and Preston Capital Partners, dated August 17, 20057.
    
    Investment Agreement between the Company and Preston Capital Partners, LLC, dated
January 21, 20048.
    
    Registration Rights Agreement between the Company and Preston Capital Partners, LLC,
dated January 21, 20049.
    
    Attached is a spreadsheet indicating the dates that debentures were issued by the
Company to Preston. All agreements related to the issuance of debentures on those dates
are hereby incorporated by reference to the extent not otherwise listed in this exhibit.




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EXHIBIT 1  Continued
 Network Installation Corp
Schedule of Convertible Debentures
At August 3, 2006
 Date Issued
    
    PricePreston Capital Partners
    
    
    2003
    
    
    $
    25,0002/3/2005
    
    
    $
    50,0002/10/2005
    
    
    $
    25,0005/26/2005
    
    
    $
    30,00006/20/05
    
    
    $
    50,00007/20/05
    
    
    $
    50,00008/17/05
    
    
    $
    100,00010/13/05
    
    
    $
    45,000Total
    
    $
    375,000




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EXHIBIT 2
 PROMISSORY NOTE
 $375,000
    
    August 7, 2006




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Network Installation Corp./s/ Jeffrey R. HultmanBy:




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EXHIBIT A to Promissory Note
 
 InterestRate
    
    PrincipalDate/Payment Number
    
    
    Payment
    
    7.00%
    
    Balance375,000.00August 3, 2006 - 1
    
    $
    2,000.00
    
    $
    2,187.50
    
    
    375,187.50September 1, 2006 -2
    
    
    2,000.00
    
    
    2,188.59
    
    
    375,376.09October 1, 2006 - 3
    
    
    2,000.00
    
    
    2,189.69
    
    
    375,565.79November 1, 2006 - 4
    
    
    2,000.00
    
    
    2,190.80
    
    
    375,756.59December 1, 2006 - 5
    
    
    2,000.00
    
    
    2,191.91
    
    
    375,948.50January 1, 2007 - 6
    
    
    2,000.00
    
    
    2,193.03
    
    
    376,141.53February 1, 2007 - 7
    
    
    2,000.00
    
    
    2,194.16
    
    
    376,335.69March 1, 2007 - 8
    
    
    2,000.00
    
    
    2,195.29
    
    
    376,530.98April 1, 2007 - 9
    
    
    2,000.00
    
    
    2,196.43
    
    
    376,727.42May 1, 2007 - 10
    
    
    2,000.00
    
    
    2,197.58
    
    
    376,924.99June 1, 2007 - 11
    
    
    2,000.00
    
    
    2,198.73
    
    
    377,123.72July 1, 2007- 12
    
    
    2,000.00
    
    
    2,199.89
    
    
    377,323.61August 1, 2007 - 13
    
    
    2,000.00
    
    
    2,201.05
    
    
    377,524.66September 1, 2007 - 14
    
    
    2,000.00
    
    
    2,202.23
    
    
    377,726.89October 1, 2007 - 15
    
    
    2,000.00
    
    
    2,203.41
    
    
    377,930.30November 1, 2007 - 16
    
    
    2,000.00
    
    
    2,204.59
    
    
    378,134.89December 1, 2007 - 17
    
    
    2,000.00
    
    
    2,205.79
    
    
    378,340.68January 1, 2008 - 18
    
    
    2,000.00
    
    
    2,206.99
    
    
    378,547.67February 1, 2008 -19
    
    
    8,000.00
    
    
    2,208.19
    
    
    372,755.86March 1, 2008 -20
    
    
    8,000.00
    
    
    2,174.41
    
    
    366,930.27April 1, 2008 -21
    
    
    8,000.00
    
    
    2,140.43
    
    
    361,070.70May 1, 2008 - 22
    
    
    8,000.00
    
    
    2,106.25
    
    
    355,176.94June 1, 2008 - 23
    
    
    8,000.00
    
    
    2,071.87
    
    
    349,248.81July 1, 2008- 24
    
    
    8,000.00
    
    
    2,037.28
    
    
    343,286.09August 1, 2008 - 25
    
    
    8,000.00
    
    
    2,002.50
    
    
    337,288.59September 1, 2008 - 26
    
    
    8,000.00
    
    
    1,967.52
    
    
    331,256.11October 1, 2008 - 27
    
    
    8,000.00
    
    
    1,932.33
    
    
    325,188.44November 1, 2008 - 28
    
    
    8,000.00
    
    
    1,896.93
    
    
    319,085.37December 1, 2008 - 29
    
    
    8,000.00
    
    
    1,861.33
    
    
    312,946.70January 1, 2009 - 30
    
    
    8,000.00
    
    
    1,825.52
    
    
    306,772.22February 1, 2009 - 31
    
    
    8,000.00
    
    
    1,789.50
    
    
    300,561.73March 1, 2009 - 32
    
    
    8,000.00
    
    
    1,753.28
    
    
    294,315.01April 1, 2009 - 33
    
    
    8,000.00
    
    
    1,716.84
    
    
    288,031.84May 1, 2009 - 34
    
    
    8,000.00
    
    
    1,680.19
    
    
    281,712.03June 1, 2009 - 35
    
    
    8,000.00
    
    
    1,643.32
    
    
    275,355.35July 1, 2009 - 36
    
    
    8,000.00
    
    
    1,606.24
    
    
    268,961.59August 1, 2009 - 37
    
    
    8,000.00
    
    
    1,568.94
    
    
    262,530.53September 1, 2009 - 38
    
    
    8,000.00
    
    
    1,531.43
    
    
    256,061.96October 1, 2009 - 39
    
    
    8,000.00
    
    
    1,493.69
    
    
    249,555.65




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InterestRate
    
    
    PrincipalDate/Payment Number
    
    
    
    

    Payment
    
    
    7.00%
    
    
    BalanceNovember 1, 2009 - 40
    
    
    
    
    
    
    8,000.00
    
    
    
    1,455.74
    
    
    
    243,011.40December 1, 2009 - 41
    
    
    
    
    
    
    8,000.00
    
    
    
    1,417.57
    
    
    
    236,428.96January 1, 2010 - 42
    
    
    
    
    
    
    8,000.00
    
    
    
    1,379.17
    
    
    
    229,808.13February 1, 2010 - 43
    
    
    
    
    
    
    8,000.00
    
    
    
    1,340.55
    
    
    
    223,148.68March 1, 2010 - 44
    
    
    
    
    
    
    8,000.00
    
    
    
    1,301.70
    
    
    
    216,450.38April 1, 2010 - 45
    
    
    
    
    
    
    8,000.00
    
    
    
    1,262.63
    
    
    
    209,713.01May 1, 2010 - 46
    
    
    
    
    
    
    8,000.00
    
    
    
    1,223.33
    
    
    
    202,936.33June 1, 2010 - 47
    
    
    
    
    
    
    8,000.00
    
    
    
    1,183.80
    
    
    
    196,120.13July 1, 2010 - 48
    
    
    
    
    
    
    8,000.00
    
    
    
    1,144.03
    
    
    
    189,264.16August 1, 2010 - 49
    
    
    
    
    
    
    8,000.00
    
    
    
    1,104.04
    
    
    
    182,368.20September 1, 2010 - 50
    
    
    
    
    
    
    8,000.00
    
    
    
    1,063.81
    
    
    
    175,432.02October 1, 2010 - 51
    
    
    
    
    
    
    8,000.00
    
    
    
    1,023.35
    
    
    
    168,455.37November 1, 2010 - 52
    
    
    
    
    
    
    8,000.00
    
    
    
    982.66
    
    
    
    161,438.03December 1, 2010 - 53
    
    
    
    
    
    
    8,000.00
    
    
    
    941.72
    
    
    
    154,379.75January 1, 2011 - 54
    
    
    
    
    
    
    8,000.00
    
    
    
    900.55
    
    
    
    147,280.30February 1, 2011 - 55
    
    
    
    
    
    
    8,000.00
    
    
    
    859.14
    
    
    
    140,139.43March 1, 2011 - 56
    
    
    
    
    
    
    8,000.00
    
    
    
    817.48
    
    
    
    132,956.91April 1, 2011 - 57
    
    
    
    
    
    
    8,000.00
    
    
    
    775.58
    
    
    
    125,732.49May 1, 2011 - 58
    
    
    
    
    
    
    8,000.00
    
    
    
    733.44
    
    
    
    118,465.93June 1, 2011 - 59
    
    
    
    
    
    
    8,000.00
    
    
    
    691.05
    
    
    
    111,156.99July 1, 2011 - 60
    
    
    
    
    
    
    111,805.41
    
    
    
    648.42
    
    
    
    (0.01
    )475,805.41
    
    
    
    100,805.40Total Payments Made in 2006

    
    
    
    
    
    10,000.00Total Payments Made in 2007

    
    
    
    
    
    24,000.00Total Payments Made in 2008

    
    
    
    
    
    90,000.00Total Payments Made in 2009

    
    
    
    
    
    96,000.00Total Payments Made in 2010

    
    
    
    
    
    96,000.00Total Payments Made in 2011

    
    
    
    
    
    159,805.41Total

    
    
    
    
    
    475,805.41