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|   | Date |   | of      December 2008 |   |
|--------|------|--------|-----------------------|--------|

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| Number          |                                         | Page   |
|-----------------|----------------------------------------------|--------|
|            |                                         |   |
| 1.              | INTERPRETATION                               | 3      |
|            |                                         |   |
| 2.              | APPOINTMENT      OF DISTRIBUTOR              | 5      |
|            |                                         |   |
| 3.              | TERM                                         | 7      |
|            |                                         |   |
| 4.              | SUPPLY      OF PRODUCTS                      | 7      |
|            |                                         |   |
| 5.              | PAYMENT      FOR PRODUCTS                    | 8      |
|            |                                         |   |
| 6.              | MARKETING      OF THE PRODUCTS               | 9      |
|            |                                         |   |
| 7               | INSTALLATION,      MAINTENANCE AND SERVICE   | 10     |
|            |                                         |   |
| 8.              | REPORTS      AND RECORDS                     | 12     |
|            |                                         |   |
| 9.              | SUPPORT      AND TRAINING                    | 12     |
|            |                                         |   |
| 10.             | DISTRIBUTOR’S      GENERAL OBLIGATIONS | 13     |
|            |                                         |   |
| 11.             | COMPLIANCE      WITH LAW                     | 14     |
|            |                                         |   |
| 12.             | INTELLECTUAL      PROPERTY                   | 15     |
|            |                                         |   |
| 13.             | CONFIDENTIALITY                              | 17     |
|            |                                         |   |
| 14.             | REPRESENTATIONS      AND WARRANTIES          | 18     |
|            |                                         |   |
| 15.             | BREACH                                       | 19     |
|            |                                         |   |
| 16.             | INDEMNITY                                    | 19     |
|            |                                         |   |
| 17.             | FORCE      MAJEURE                           | 20     |
|            |                                         |   |
| 18.             | TERMINATION                                  | 20     |
|            |                                         |   |
| 19.             | EFFECTS      OF TERMINATION                  | 21     |
|            |                                         |   |
| 20.             | NOTICES                                      | 23     |
|            |                                         |   |
| 21.             | MISCELLANEOUS                                | 24     |
|            |                                         |   |
| 22.             | DISPUTE      RESOLUTION                      | 25     |
|            |                                         |   |
| SCHEDULE      1 | 27                                           |
|            |                                         |   |
| SCHEDULE      2 | 28                                           |
|            |                                         |   |
| SCHEDULE      3 | 29                                           |

----

| (1) | ValiBio      SA, a corporation organised and existing under the laws of Belgium, having      its principal place of business at 25 Avenue Georges Lemaitre, 6041      Gosselies, Belgium (the "Supplier");      and |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Biofield      Corp., a Delaware corporation organised, with registered office at 1615      Walnut Street, 3rd      Floor, Philadelphia, PA 19102 (the "Distributor"). |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (A) | The      Supplier has the exclusive right to supply the Products for the operation      of the Products in the Territory. |
|-----|---------------------------------------------------------------------------------------------------------------------------|

| (B) | The      Supplier wishes to appoint the Distributor and the Distributor wishes to      act as the exclusive distributor of the Products in the Territory on the      tenns of this Agreement. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | INTERPRETATION |
|----|----------------|

| 1.01 | In      this Agreement, unless the context otherwise  requires: |
|------|-----------------------------------------------------------------|

|   | "Authorisation" | means      any authorisation, approvals, consents, licences, permits, franchises,      notarizations, permissions, registrations, resolutions, directions,      declarations and exemptions, howeverdescribed; |
|--------|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Business      Day" | means      a day on which banks are open for all forms of normal commercial business      from Monday to Friday from 9 am to 5pm; |
|--------|---------------------|-----------------------------------------------------------------------------------------------------------------------------------|

|   | "Change in      Control" | means      with respect to any person, any change in the identity or composition of      the person or persons who before such change occurs directly or indirectly      have Control of the first mentionedperson; |
|--------|--------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Commencement      Date" | means      the date when the Distributor shall have paid an aggregate of not less      than Euro 600,000 for Sale Shares in the Supplier pursuant to a Sale of      Shares Agreement between ValiRx PIc and the Distributor of even date      herewith.; |
|--------|--------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|         | "ConfidentialInformation"  | means      any information of a technical, business or financial nature (including      without limitation designs, techniques, software, know-how, service and      operations manuals and pricing infonnation) which is disclosed to the      Distributor by the Supplier (or its nominated manufacturers or agents) in      connection with this Agreement (whether orally or in writing, and whether      or not such information is expressly stated to be confidential or marked      as such); |
|--------------------------------------------|---------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Control" | when      used with respect to any person means the possession, directly or      indirectly, of power to direct or cause the direction of the management      and policies of such person, whether through the ownership of voting      securities or by contract orotherwise; |
|--------|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Euros" | mans      the official currency of the EuropeanUnion. |
|--------|---------|-------------------------------------------------------|

----

|  | "Force      Majeure" | means,      in relation to either party, any circumstances beyond the reasonable      control of that party (including, without limitation, any an act of war      (whether declared or not) or terrorism, the mobilisation of armed forces,      civil commotion or riot, natural disaster, lightning, fire, earthquake,      storm, flood, drought, disease, explosion, industrial action or labour      disturbance, currency restriction, embargo, action or inaction by a      Government Agency, or a failure of a supplier, public utility or common      carrier); |
|--|----------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Governmental      Agency" | means      a government, a department, agency or instrumentality of any government, a      governmental, semi-governmental or judicial person, or a person who is      charged with the administration of alaw; |
|--------|----------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "lncoterms" | mans      the international rules for the interpretation of trade terms and foreign      trade known as "lncoterms" published by the International Chamber of      Commerce; |
|--------|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Intellectual      Property" | means      all business names, confidential information, copyright, circuit layouts,      designs, registered and unregistered designs (including applications for      registration), emblems, know how, logos, patentable inventions, patent      applications, patents, registered and unregistered trade marks (including      applications for registration), and all other similar industrial or      intellectual property rights whenever created or however arising      subsisting in or relating to the Products, or any improvement or      enhancement to it. |
|--------|------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Invoice      Value" | means      the sums invoiced by the Supplier to the Distributor in respect of any      Products, less any value added Tax, goods and services Tax (or other      Taxes, duties or levies) and any amounts for transport or insurance      included in the invoice; |
|--------|----------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Law" | includes      any constitutional provisions, treaties, conventions, statutes, acts,      laws, decrees, ordinances, subsidiary and subordinate legislation, orders,      awards, determinations, rules and regulations having the force of      law; |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Licensed      Software Package" | has      the meaning specified in Clause      7.12(c); |
|--------|----------------------------------|--------------------------------------------------------|

|   | "Products" | means,      subject as provided in Clause 4.2, such of the products listed in Schedule      I as are at the date of this Agreement in the range of products      manufactured by or for the Supplier, and such other products as may from      time to time be agreed in writing by the  parties; |
|--------|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Services" | means      the services of warranty and maintenance, fault diagnosis and repair      services of the Products as may be required by customers or      end-users; |
|--------|------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Tax" | includes      any Tax, levy, duty, charge, impost, fee, deduction or withholding of any      nature at any time imposed, levied, collected, withheld or assessed by any      taxing or other authority and includes any interest, penalty or other      charge payable or claimed in respect of the  same; |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | "Term" | means      the period beginning on the Commencement Date and ending on the date this      Agreement is terminated in accordance with Clause 3 or Clause      18; |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | "Territory" | means      Worldwide (other than Belgium) except as provided in Clause 2.10 and in      Schedule 1; |
|--------|-------------|-----------------------------------------------------------------------------------------------------|

|   | "Trade      Marks" | means |
|--------|--------------------|-------|

|   | (a) | the      trade marks registered or for which applications for registration have      been made in the name of the Supplier (or its  nominee); |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | such      other trade marks as are used by the Supplier on or in relation to the      Products at any time during this Agreement;and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | any      trade marks used by the Supplier on or in relation to the Products at any      time. |
|--------|-----|-----------------------------------------------------------------------------------------------|

| 1.02 | In      this Agreement the headings are for convenience only and shall not affect      the interpretation of this Agreement. In this Agreement, unless the      context otherwise requires, a referenceto: |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | any      party shall include its successors and permitted  assigns; |
|--------|-----|---------------------------------------------------------------------|

|   | (b) | this      Agreement or any other document is a reference to this Agreement or that      other document as amended, varied, novated or substituted from time to      time; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | any      legislation (including subordinate legislation) is to that legislation as      amended, re-enacted or replaced, and includes any subordinate legislation      issued under it; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | a      singular word includes the plural, and vice versa, a word suggesting one      gender includes the other genders; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (e) | a      person includes an individual, firm, body corporate, unincorporated      association, government or governmental, semi-governmental or local      authority or agency; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | Recitals,      Clauses and Schedules are to recitals and clauses of and schedules to this      Agreement. |
|--------|-----|-----------------------------------------------------------------------------------------------------------|

| 2.1 | The      Supplier appoints the Distributor for the Term as its exclusive      distributor for the resale of the Products in the Territory (even to the      Supplier unless the Supplier wishes to use the products for research and      development purposes and only for research and development purposes), and      the Distributor agrees to act in that capacity, subject to the terms and      conditions of this Agreement. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.2 | Subject      to Clause 18.1, the Supplier shallnot: |
|-----|-----------------------------------------------------|

|   | (a) | appoint      any other person in the Territory as a distributor or agent for the      Products in the Territory; |
|--------|-----|------------------------------------------------------------------------------------------------------------------|

|   | (b) | supply      to any other person in the Territory any of the Products, whether for use      or resale, except for purposes of research and development only;      or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | supply      to any person outside in the Territory to resell any goods to the      Territory of the Distributor. |
|--------|-----|------------------------------------------------------------------------------------------------------------------|

----

| 2.3 | The      Distributor will be an independent contractor. The Distributor shall be      entitled to (and shall when using any of the Intellectual Property)      describe itself as the Supplier's "Authorised Distributor" for the      Products, but shall not hold itself out as the Supplier's agent for sales      of the Products or as being entitled to bind the Supplier in any      way. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.4 | The      Distributor shall procure that any Authorized Sub-Distributor complies      with this Agreement as it applies to the Distributor, and the Distributor      shall be liable to the Supplier for any acts or omissions of such      Authorized Sub-Distributor. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.5 | Nothing      in this Agreement shall entitle the Distributor  to: |
|-----|-------------------------------------------------------------------|

|   | (a) | any      priority of supply in relation to the Products as against the Supplier's      other distributors or customers; or |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------|

|   | (b) | any      right or remedy against the Supplier if any of the Products are sold in      the Territory by any person, firm or company outside the Territory other      than the Supplier, except where Supplier had prior knowledge of such a      sale. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.6 | The      Distributor shall not: |
|-----|---------------------------------|

|   | (a) | obtain      the Products (or any goods which compete with the Products) for resale      from any person, firm or company other than the Supplier, subject to      clause 2.6(a)(l) below; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2.6      (a)(1) | The      following goods or products shall not be deemed to "compete with the      Products" pursuant to clause 2.6(a) above and clause 2.6(b) below of this      Agreement: (i) Biofield Diagnostic System and Biofield(R) Breast      Proliferation Rate Detection System and related cancer diagnosis and      screening technology (as reflected in Biofield's previous patents and      patent applications) and any improvements, enhancements, and current or      future applications thereof or thereto, including to other types of      cancers such as cervical and prostrate; (ii) OraCalmTM (for oral herpes)      and ViraCalmTM (for genital herpes) non-invasive medical devices for the      treatment of oral and genital herpes, which NeuroMed Devices, Inc. has      granted exclusive worldwide distributions rights to Biofield and any      improvements, enhancements, and current or future applications thereof or      thereto; and (iii) any other goods, products and technology which are      being distributed or developed by Biofield as of the execution of this      Agreement and any improvements, enhancements, and current or future      applications thereof or thereto. |
|--------|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | be      concerned or interested, either directly or indirectly, in the manufacture      or distribution in the Territory of any goods which compete with the      Products which are supplied by any person other than the      Supplier; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | seek      customers, establish any branch or maintain any distribution depot for the      Products in any country which is outside the  Territory; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | sell      the Products to any customer in any country which  is: |
|--------|-----|------------------------------------------------------------------|

|   | (i) | outside      the Territory; or |
|--------|-----|--------------------------------|

|   | (ii) | within      the Territory to a person who the Distributor ought reasonably to know is      likely to resell, hire or lease the Products to a person outside the      Territory; |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | lease      or hire out any Products or dispose of any Products otherwise than by      absolute sale without prior written approval of the Supplier;      or |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | (f) | when      selling Products, offer terms to its customers or end-users that are wider      than those found in the standard Terms of Sale under Schedule      3. |
|--|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.7 | The      Distributor shall refer to the Supplier or to such authorized distributor      of the Supplier as the Supplier may notify to the Distributor from time to      time any enquiries for the purchase of Products received by the      Distributor from persons outside theTerritory. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.8 | The      Supplier shall refer to the Distributor any enquiries received by it for      the purchase of Products from persons in the  Territory. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.9 | If      the Distributor receives any money for the sale of Products to a Person      outside the Territory, it shall hold such moneys for the account of the      Supplier and pay to the Supplier promptly on  receipt. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.10 | In      the event that (a) no sales of Products are made in a sovereign country      during the Term after two (2) years of the Authorisation to distribute the      Products by the appropriate governmental agenc(ies) in that particular      sovereign country, or (b) there is a more than fifty percent (50%)      reduction between (i) the value of sales in any 12 months period in any      sovereign country and (ii) the average annual sales averaged over the 24      month period preceding the 12 month period referenced in clause 2.1      O(b)(i), then in either case such sovereign country shall be deemed no      longer to form part of the Territory for the purposes of this agreement,      unless otherwise specifically agreed in writing between the Supplier and      the Distributor. Over the next 12 month period, the Supplier and      Distributor agree to work in good faith with each other (a) to coordinate      distribution strategies and plans in individual countries taking into      consideration any regulatory requirements; (b) to more definitively      establish any minimum sales requirements; and (c) if necessary, to      effectuate any amendment to this clause2.10. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3 | TERM |
|---|------|

| 4.1 | Subject      as provided in Clauses 2.5(a) and 4.2, the Supplier shall use its best      endeavours to supply the Products to the Distributor in accordance with      the Distributor's orders. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2 | The      Supplier shall not be under any obligation to continue to supply or      procure the manufacture of all or any of the Products, and shall be      entitled to make such alterations to the specifications of the Products as      it may think fit and to withdraw from sale any Product at any time and in      its absolute discretion. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.3 | Each      order for the Products shall constitute a separate contract, and any      default by the Supplier in relation to anyone order shall not entitle the      Distributor to treat this Agreement as  terminated. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.4 | The      Distributor shall, in respect of each order for the Products to be      supplied hereunder, be responsiblefor: |
|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (a) | ensuring      the accuracy of the order; |
|--------|-----|------------------------------------------|

----

|   | (b) | providing      the Supplier with any information which is necessary in order to enable      the Supplier to fulfill the order and to comply with all labeling,      marketing and other applicable legal requirements in the Territory;      and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.5 | The      Distributor shall give the Supplier not less than 3 months' written notice      of its estimated requirements of the Products for each month, and shall      promptly notify the Supplier of any changes in circumstances which may      affect its requirements. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.6 | Upon      receipt and confirmation of each order the Supplier shall as soon as is      practicable inform the Distributor of the Supplier's estimated delivery      date for the consignment. The Supplier shall use all reasonable endeavours      to meet the delivery date, but time of delivery shall not be of the      essence and accordingly the Supplier shall have no liability to the      Distributor if, notwithstanding such endeavours, there is any delay in      delivery. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.7 | The      title to any consignment of the Products shall not pass to the Distributor      until the Supplier has received payment in full of the price of such      Products. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.8 | Unless      otherwise agreed in writing by the Supplier in respect of any Purchaser      Order, all Products shall be delivered C.I.F. (Incoterms, 2000) to the      Distributor's normal or designated point of shipment in the country of      origin of the Products. Risk of loss of or damage to any consignment of      the Products shall pass to the Distributor on delivery to the Distributor      at the designated point ofdelivery. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.9 | The      standard conditions of sale of the Supplier as amended by the Supplier      from time to time ("Standard Terms of Sale" under Schedule 3) shall apply      to all sales of the Products to the Distributor pursuant to this Agreement      despite the terms of any purchase order or other document the Distributor      may from time to time specify in respect of any purchase. If and to the      extent that any of the Standard Terms of Sale or any provision of      Incoterms is inconsistent with any of the provisions of this Agreement,      the latter shall prevail. The Supplier shall give to the Distributor      notice in writing of any change in such standard conditions of sale not      less than three months prior to such change taking effect for the purposes      of this Agreement. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.1 | All      Products to be supplied by the Supplier pursuant to this Agreement shall,      unless otherwise agreed in writing in respect of a particular purchase      order be sold on an C.I.F. (lncoterms, 2000) basis, and accordingly the      Supplier shall, in addition to the price, be liable for arranging and      paying (a) all costs of transport, insurance, freight, storage, Taxes      (including value added Tax, goods and services Tax or similar) and (b) all      fees, levies, charges and duties (including without limitation customs and      import duties) which may be imposed by any Governmental Agency on the      Products or their import, storage orsale. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2 | All      payments under this Agreement or any sale and purchase of Products shall      unless otherwise agreed in writing by the Parties be in Euros. All      payments shall be made by the Distributor by transfer to such bank account      as the Supplier may from time to time notify in writing to the      Distributor. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.3 | The      prices for all Products to be supplied hereunder shall be the Supplier's      list prices from time to time (inclusive of packaging costs). Subject to      this Clause 5.3, the Supplier'sshall: |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | supply      to the Distributor up to date copies of all price lists for the Products      from time to time; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------|

----

|   | (b) | give      the Distributor not less than three months' notice in writing of any      alteration in such list prices, and the prices as so altered shall apply      to all Products which are the subject of Purchase Orders accepted after      the date of the increase. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.4 | A      deposit of thirty percent (30%) of the relevant list price for each order      shall be payable by the Distributor at the time of placing the order, and      the balance of the price shall be invoiced for payment on      delivery. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.5 | If      the Distributor fails to pay the price for any Products within 60 days      after the date of the relevant invoice, the Supplier shall be entitled      (without prejudice to any other right or remedy it may have)      to: |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | cancel      or suspend any further delivery to the Distributor under any existing      order; |
|--------|-----|-----------------------------------------------------------------------------------------------|

|   | (b) | sell      or otherwise dispose of any Products which are the subject of any order by      the Distributor, whether or not appropriated thereto, and apply the      proceeds of sale to the overdue payment;and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | charge      the Distributor interest on the price at the prime rate of HSBC in force      from time to time plus 1 per cent per annum from the date the payment      became due until actual payment is made (irrespective of whether the date      of payment is before or after any judgment or award in respect of the      same). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.6 | The      Supplier may take back possession of any Products for which the Supplier      has not been paid in full by the due date, and may enter on the premises      of the Distributor for that purpose. The Supplier may re-sell the      repossessed Products and the Distributor shall pay to the Supplier the      expenses of re-sale (including storage) and if the re-sale price is lower      than the Invoice Amount at which the Products were sold to the      Distributor, the Distributor shall pay the difference to the      Supplier. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.1 | The      Distributor shall use its best endeavours at its own expense to promote      the sale of the Products throughout the Territory and to satisfy market      demand for the Products. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | The      Distributor shall maintain such stocks of the Products as may be necessary      to meet its customers' requirements and will permit the Supplier or its      delegate, on reasonable notice, to conduct a stock take of Produet      inventory at the Distributor'spremises. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | The      Distributor shall establish and maintain an adeqnate, skilled and properly      trained sales and administration organization to fulfil its obligations      under this Agreement. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.4 | In      connection with the promotion and marketing of the Products the      Distributor shall: |
|-----|-------------------------------------------------------------------------------------------------|

|   | (a) | make      clear, in all dealings with customers and prospective customers, that it      is acting as distributor of the Products and not as agent of the      Supplier; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | comply      with all legal requirements from time to time in force relating to the      storage and sale of the Products;and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | use      in relation to the Products only such advertising, promotional and selling      materials as have been approved in advance in writing by the      Supplier. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.5 | The      Supplier shall procure that high quality translations into English are      made and provided to the Distributor all instruction and operating manuals      and all other written or diagrammatic documentation provided with the      Products and all brochures, advertising, promotional and selling      material. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 6.6 | The      Distributor shall: |
|-----|-----------------------------|

|   | (a) | (if      requested by customers or end-users) assist them with the installation of      Products, and provide basic training and guidance on the proper operation      of the Products; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | provide      customers and end users with all operating and service instructions and      safety notices in the form provided by the  Supplier; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | provide      responses to enquiries from customers concerning Products and their      operation and use. |
|--------|-----|----------------------------------------------------------------------------------------------------------|

| 6.7 | The      Distributor shall maintain a record of subject to compliance with and any      restrictions under local Law, the name and address of each customer and      the Products sold to such customer and shall on request provide full      details of such records to theSupplier. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.8 | The      Supplier may modify or upgrade any Product from time to time and shall      give the Distributor at least 30 days notice of implementation of any such      modification or upgrade, together with the Supplier's then current price      for sale of such modified Products. Except as required to meet Purchase      Orders that have been accepted by the Supplier, the Supplier may but shall      not be obliged to offer old models or versions of any Products for sale      after giving notice of the introduction of modified or upgraded versions      of such Products. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.1 | The      Distributor shall establish an adequate, skilled and properly trained      service organization to provide necessary assistance to the Supplier to      fulfil its obligations under this Agreement with respect to the      Services. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.2 | The      Supplier shall provide the Services in the  Territory. |
|-----|-----------------------------------------------------------------|

| 7.3 | For      the purposes of carrying out the Services, the Supplier shall establish at      least one central Service centre in the Territory or in Belgium, to which      customers shall be required to send all faulty or defective Products in      the Territory for fault diagnosis. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.4 | As      part of its Services, the Supplier shall provide warranty services on      Products in line with the Supplier's warranty terms and conditions as set      out in the Supplier's Standard Terms ofSale. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.5 | The      Distributor shall not carry out any Services, including but not limited to      inspection, maintenance or repair services, to any of its customers. The      Distributor shall not be entitled to any compensation from the Supplier      and shall seek reasonable compensation directly from its customers for all      unauthorized repair services rendered to its  customers. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.6 | If      a Product faults, the Distributor shall procure that the Product is sent      to the Supplier (or its designated factory) for inspection, repair or      replacement and the provisions of Clauses 7.9 and 7.10 shall      apply. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.7 | In      respect of warranty inspection, repair or replacement of      Products: |
|-----|---------------------------------------------------------------------------------|

|   | (a) | any      Products sent by the Distributor to the Supplier (or its nominated      manufacturer) for inspection, repair or replacement shall be delivered      CI.F (Incoterms, 2000); |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the      Supplier shall be entitled to determine whether to repair, replace or pay      the purchase cost of any faulty Product returned to  it; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (c) | any      Products sent by the Supplier (or its nominated manufacturer) to the      Distributor following inspection, replacement or repair shall be delivered      C.l.F (lncoterms, 2000); |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | for      the avoidance of doubt, the Supplier shall bear or compensate the      Distributor for all costs of transport, insurance, freight, storage, Taxes      (including value added Tax, goods and services Tax or similar) and all      fees, levies, charges and duties (including without limitation customs and      import 01' export duties) which may be imposed by any Governmental Agency      in respect of (i) Products returned to the Supplier for inspection 01'      repair and/or (Ii) Products ordered by the Distributor for use (iii)      Products returned 01' delivered by the Supplier to the Distributor      following repair 01' replacement by the  Supplier. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.8 | The      Distributor shall: |
|-----|-----------------------------|

|   | (a) | maintain,      at its own expense, suitable facilities (including the supply of      appropriate materials, documentation, tools and spare parts), and      sufficient and duly trained personnel, as may be necessary to actively and      diligently provide assistance to the Supplier in order to perform the      Services; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | notify      the Supplier immediately of any incidents 01' accidents occurring in      connection with your provision of the Services that results in injury or      damage to persons or property; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | permit      the Supplier to perform periodic audits of the Distributor's business      records as they pertain to the Services (including customer lists,      Products and service history); |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | facilitate      and assist with the Supplier's conduct of independent customer surveys in      the Territory at any time at the Distributor's expense. The Distributor      shall at its own expense carry out any corrective action which the      Supplier identifies promptly upon the Supplier informing the      Distributor. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.9 | The      Distributor shall: |
|-----|-----------------------------|

|   | (a) | deal      promptly with any customer 01' end-user complaints concerning Products and      take appropriate action to resolve such complaints in a diligent      manner; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | maintain      a record in reasonable detail of all complaints received concerning      Products and the action taken to resolve or address such      complaints. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.10 | The      Distributor shall notify the Supplier promptly of any quality,      reliability, safety 01' product liability matters affecting or which may      reasonably be suspected of affecting any of the  Products. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.11 | The      Supplier shall: |
|------|--------------------------|

|   | (a) | provide      01' procure the provision of technical support to the Distributor for the      provision of the Services, if and when required by the Distributor, and as      may be deemed necessary by theSupplier; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | provide      further technical tra1l11l1g to the Distributor's personnel as may be      agreed between the parties at the cost of the Distributor;    and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | make      available to the Distributor, exclusively for its provISIon of the      Services to Customers, any software and related documentation relating to      the Products (the "Licensed Software Package") under licence by the      Supplier or its affiliate upon the terms and conditions specified by the      Supplier from time to time. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 8.1 | The      Distributor shall deliver to the Supplier within 30 days of the beginning      of each quarter, six month rolling forecasts of sales, specifying all      anticipated sales of Products distinguishing between sales for which      Purchase Orders have been submitted to the Supplier and other anticipated      sales. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.2 | The      Distributor shall prepare a Sales Report and such other information as the      Supplier may reasonably require. |
|-----|---------------------------------------------------------------------------------------------------------------------------|

| 8.3 | The      Distributor shall provide assistance to the Supplier to maintain a record      of all Services undertaken. |
|-----|---------------------------------------------------------------------------------------------------------------------|

| 8.4 | The      Distributor shall prepare a report in writing of all complaints of      customers in respect of any Products and/or Services that are outstanding      or that may reasonably be expected to give rise to potential liability on      the part of the Distributor or the Supplier, such reports to give      reasonable details of the complaint and action taken in respect ofthe      complaint. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.5 | The      Distributor shall at the Supplier's request, provide market and customer      information relating to the marketing, sale, repair and service of      Products and such other reports and information as the Supplier shall      reasonably require. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.6 | The      Distributor shall maintain and allow the Supplier and its advisers access      to and the ability (at the Supplier's cost) to make copies of all proper      accounting and other records relating to all transactions entered into by      it for a period of 2 years. This Clause 8.6 shall survive the termination      of this Agreement. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.1 | The      Supplier shall from time to time provide the Distributor with such      instructions, labeling and regulatory matters and up to date information      concerning the Products as the Supplier may consider appropriate or as the      Distributor may reasonably require in such languages as the Supplier and      Distributor shall agree in writing in order to assist the Distributor with      the sale of the Products in the Territory, and the Supplier shall      endeavour to answer as soon as practicable any technical enquiries      concerning the Products which are made by the Distributor or its      customers. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.2 | The      Supplier shall provide an initial training course for employees of the      Distributor as follows: |
|-----|--------------------------------------------------------------------------------------------------------------|

|   | (a) | The      Supplier shall make available to the Distributor (for a period not      exceeding 10 working days) the services of a suitably qualified technician      of the Supplier or a manufacturer of the Products to provide training for      the Distributor's sales and technical staff with respect to the      functioning, proper operation and maintenance of the    Products; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The      training course shall be held at the Distributor's principal service      centre in the Territory or Supplier's office in  Belgium; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | All      training will be conducted in English and any translation required will be      provided by the Distributor at its owncost; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | Upon      completing the sales or maintenance training course to the satisfaction of      the Supplier, a participant may be certified by the Supplier as having      completed such course. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.3 | The      services to be provided by the Supplier under Clauses 9.1 and 9.2 shall be      free of charge, but the Distributor shall remain liable for all salaries      and other employment costs of, and all travelling, accommodation and other      expenses incurred by, employees of the Distributor who are sent to the      Supplier's premises at any time. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 9.4 | The      Supplier may provide additional training for employees of the Distributor      or any Approved Sub-Distributor upon written request from the Distributor.      Any such additional training shall be charged at the Supplier's then      applicable rates. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.5 | In      any case where employees of either party or its delegates visit the      premises of the other for the purposes of this Agreement, the first      mentioned party shall: |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | procure      that each such employee complies with all security, safety and other      regulations which apply to or are in force at the other party's premises;      and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | indemnity      the other party against any direct damage to property of the other party      which is caused by any act or omission of any such employee at the other      party's premises. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.1 | The      Distributor shall: |
|------|-----------------------------|

|   | (a) | inform      the Supplier of all Authorisations required from any Governmental Agency      necessary for the marketing, importation, or sale of Products in the      Territory or for the Supplier to conduct its business, and the Distributor      shall apply for all such Authorisations (in the Supplier's name if      requested by the Supplier) and keep them in effect for the Supplier's      benefit and transfer them to the Supplier or its nominee on the Supplier's      written request; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | inform      the Supplier promptly of any Law, judgment, order, award, or determination      of any court or arbitration or administrative tribunal or policy of any      Governmental Agency that conflicts with any provision of this Agreement or      that may result in any provision of this Agreement being or becoming      unenforceable under the Laws of any jurisdiction in the      Territory; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | promptly      inform the Distributor of any investigations, legal proceedings, and      threats of legal proceedings against the Distributor or any Authorized      Sub-Distributor and regularly update the Supplier with respect to such      investigations or legalproceedings; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | store      and transport the Products in accordance with the manufacturers'      directions and the Supplier's reasonable requirements as notified from      time to time and otherwise so as to prevent them from being damaged or      adversely affected by heat, cold, moisture or  otherwise; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | permit      the Supplier to inspect, audit and conduct a stock take of all Products      held by the Distributor from time totime; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | exercise      reasonable skill and care in performing its obligations under this      Agreement; |
|--------|-----|--------------------------------------------------------------------------------------------------|

|   | (g) | not      re-package or vary the packaging of the Products or obscure, remove, vary      or interfere with in any way any label, marking or other indication on any      Product or Material without the prior written consent of the      Supplier; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (h) | keep      the Products in its possession or under its control insured against fire,      theft, storm, accident or other loss or damage for their full insurable      value, and provide the Supplier with a certificate of insurance or copy of      the policy on the Commencement Date and before each renewal      date; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | not      sell any Products which to its knowledge are defective or could result in      liability for Supplier; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------|

----

|   | (j) | at      the Supplier's request and expenses, make any necessary administrative      arrangements in order to enable the Supplier's technical personnel to      travel and stay in the Territory in order to perform the Supplier's      obligations under this Agreement. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.2 | The      Distributor represents and warrants that all information provided by it to      the Supplier will be and will at all times remain true, accurate and not      misleading. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.3 | Subject      to the approval of the insurance company, both Parties shall obtain and      keep in effect at its own expense throughout the Term and for 3 years      after the termination of this Agreement a Product liability insurance with      an insurance company of international repute, covering all direct and      indirect claims related to or arising from the Products, including without      limitation to defective, faulty workmanship, materials, components of the      Products, and all sums which the Parties shall become legally liable to      pay as damages or compensation in respect of accidental death or bodily      injury of any person and/or accidental loss of or damage to property in      the course of or in connection with the Parties' own business caused by or      arising out of the Products. Such insurance shall require the Parties to      receive not less than 60 days prior written notice of any cancellation or      modification of such insurance coverage. Each Party shall look only to its      own insurance coverage to cover any claim, loss, expense, and liability      solely caused by its own failure to perform any of its obligations under      this Agreement (such as, for illustrative purposes only, in the case of      the Supplier any claim, loss, expense, and liability solely caused by the      Supplier's design and manufacture of the Products; and in the case of the      Distributor, any claim, loss, expense, and liability solely caused by the      Distributor's distribution of the Products). Each Party's insurance (as      required under this clause 10.3) shall contain waiver of subrogation      provisions necessary to effectuate the Parties' intent in the preceding      sentence. Both Parties shall provide each other with copies of all cover      notes and policy documents relating to such insurance on receipt. All sums      payable by the either Party under this Agreement shall be paid in full      without set-off or counterclaim or any restriction or condition and free      and clear of any Tax or other deductions or withholdings of any nature. If      either Party or any other person is required by any Law or regulation to      make any deduction or withholding (on account of Tax or otherwise) from      any payment, either Party shall, together with such payment, pay such      additional amount as will ensure that the other Party receives (free and      clear of any Tax or other deductions or withholdings) the full amount      which it would have received if no such deduction or withholding had been      required. All Parties shall promptly forward to each other copies of      official receipts or other evidence showing that the full amount of any      such deduction or withholding has been paid over to the relevant taxation      or other authority. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.1 | The      Distributor shall at all times comply with all Laws and regulations      applicable to it and shall conduct its business (a) in an ethical manner      and (b) in accordance with any policies and guidelines on proper conduct      issued from time to time by theSupplier. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.2 | The      Distributor shall not in relation to its business directly or indirectly,      offer, pay, promise to pay, or authorise the payment of any money or      anything of value to any local or foreign employee or official or any      Governmental Agency for the purposes of influencing any act, omission or      decision of such employee, official, or Governmental    Agency. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.3 | The      Distributor represents and warrants that at the date of this Agreement and      throughout the Term, no shareholder, director, officer or employee of the      Distributor is or will be an employee or official of any Governmental      Agency. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.4 | The      Supplier's obligations under this Agreement are subject at all times to      all export administration and control Laws applicable to it and any      manufacturer of any Products. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 10.1 | The      Supplier authorises the Distributor to use the Intellectual Property in      the Territory on or in relation to the Products during the Term or until      termination of this Agreement to the extent needed for the operation of      the distributorship granted under this Agreement but not for any greater      extent or for any other purpose and, subject as provided in Clause 2 the      Supplier shall not so authorise any other person, firm or company. The      Supplier grants to the Distributor no other right to the Intellectual      Property. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.2 | The      Distributor shall ensure that each reference to and use of any of the      Trade Marks by the Distributor is in a manner from time to time approved      by the Supplier and accompanied by an acknowledgement, in a form approved      by the Supplier, that the same is a trade mark (or registered trade mark)      of the Supplier. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.3 | The      Distributor must not use the name "ValiBio" in its corporate or business      name. |
|------|----------------------------------------------------------------------------------------------|

| 10.4 | The      Distributor shall ensure that all Products sold by it shall have clearly      marked on them a reference to the intellectual property rights of the      Supplier. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.5 | The      Distributor shall not: |
|------|---------------------------------|

|   | (a) | make      any modifications to the Products or their labelling or      packaging; |
|--------|-----|-----------------------------------------------------------------------------------|

|   | (b) | alter,      remove or tamper with any Trade Marks, service marks, trade names,      numbers, or other means of identification used on or in relation to the      Products; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | use      any of the Trade Marks, service marks or trade names in any way which      might prejudice their distinctiveness or validity or the goodwill of the      Supplier in them or otherwise than in accordance with any directions that      the Supplier may give the Distributor concerning the use of such Trade      Marks, service marks or tradenames; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | permit      any advertising or practice that may harm the good name, reputation, Trade      Marks, or service marks of the Supplier or the reputation of the Products      and will stop any advertising or practice that the Supplier notifies the      Distributor that it believes will or may have that  effect; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | use      in relation to the Products any trade marks or service marks other than      the Trade Marks without obtaining the prior written consent of the      Supplier; or |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | use      in the Territory any trade marks, service marks or trade names so      resembling any trade mark, service mark or trade name of the Supplier as      to be likely to cause confusion ordeception. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.6 | The      Distributor further undertakes that itshall: |
|------|-------------------------------------------------------|

|   | (a) | not      register any Intellectual Property; |
|--------|-----|----------------------------------------------|

|   | (b) | not      amend the form of any Intellectual Property without the prior written      consent of the Supplier (which consent may be withheld in the absolute      discretion of the Supplier); |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | do      everything needed to protect and maintain the Intellectual Property and      not cause or permit to be done anything which may damage or endanger any      of the Intellectual Property; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | not      use the Intellectual Property except in accordance with this Agreement (or      any other agreement in writing between the parties relating to the      Intellectual Property); |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (e) | hold      any goodwill generated by it from any use by it of the Intellectual      Property as trustee for theSupplier; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (f) | not      distribute any copies of software Products to any third party unless such      software Product is accompanied by a software license provided by the      Supplier. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.7 | Except      as provided in Clause 12.2 the Distributor shall have no rights in respect      of any Trade Marks, service marks or trade names of or used by the      Supplier in relation to the Products or of the goodwill associated      therewith, and the Distributor hereby acknowledges that, except as      expressly provided in thisAgreement: |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | it      shall not acquire any rights in respect of such Intellectual Property and      that all such rights and goodwill are, and shall remain, vested in the      Supplier; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | to      the extent allowed by Law, any powers or rights conferred on authorized      users under any relevant legislation are expressly    excluded. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.8 | The      Distributor shall, at the expense of the Supplier, take all such steps as      the Supplier may reasonably require to assist the Supplier in maintaining      the validity and enforceability of the Intellectual Property of the      Supplier during the Term of thisAgreement. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.9 | The      Distributor shall at the request of the Supplier execute such registered      user agreements or licences in respect of the use of the Trade Marks,      service marks or trade names in the Territory as the Supplier may      reasonably require, provided that the provisions thereof shall not be more      onerous or restrictive than the provisions of this    Agreement. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.10 | The      Distributor shall not do or authorise any third party to do any act which      would or might invalidate or be inconsistent with any Intellectual      Property of the Supplier and shall not omit or authorise any third party      to omit to do any act which, by its omission, would have that effect or      character. |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.11 | The      Distributor shall promptly and fully notify the Supplier of any actual,      threatened or suspected infringement in the Territory of any Intellectual      Property of the Supplier which comes to the Distributor's notice, and of      any claim by any third party so coming to its notice that the importation      or sale of the Products into or in the Territory, infringes any rights of      any other person, and the Distributor shall at the request and expense of      the Supplier do all such things as may be reasonably required to assist      the Supplier in taking or resisting any proceedings in relation to any      such infringement or claim. |
|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.12 | If      the Distributor's use of any Product in accordance with this document may      infringe the intellectual property rights ofa third party, the Supplier      may (but shall not be obliged to), at its own  cost: |
|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | recall      any Product from the Distributor (or the Distributor's customers), modify      it or replace any component of it, and return it, or deliver a replacement      Product, to the Distributor (or the Distributor's customers);      or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | buy      back any Product at Invoice Value from the Distributor or the      Distributor's customers. |
|--------|-----|------------------------------------------------------------------------------------------------------|

| 10.13 | If      any legal proceedings are brought or threatened against the Distributor      for an alleged infringement of the intellectual property rights ofa third      party, then the Supplier may at its own cost conduct the defense of such      proceedings and may settle those proceedings on such terms as it shall in      its sole and absolute discretiondetermine. |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 13.1 | Except      as provided by Clauses 13.2 and 1:1.,3, the Distributor shall at all times      during the Term of this Agreement and after its    termination: |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | use      its best endeavours to keep all Confidential Information confidential and      accordingly not disclose any Confidential Information to any other person;      and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | not      use any Confidential Information for any purpose other than the      performance of its obligations under this  Agreement. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------|

| 13.2 | Any      Confidential Information may be disclosed by the Distributor      to: |
|------|--------------------------------------------------------------------------------|

|   | (a) | any      customers or prospective customers; |
|--------|-----|----------------------------------------------|

|   | (b) | any      Governmental Agency or regulatorybody; |
|--------|-----|-------------------------------------------------|

|   | (c) | any      Authorized Sub-Distributor; or |
|--------|-----|-----------------------------------------|

|   | (d) | any      employees of the Distributor or of any of the above    persons, |
|--------|-----|--------------------------------------------------------------------------|

| 13.3 | If      required by the Supplier, the Distributor will procure that personnel of      the Distributor or any Authorized Sub-Distributors to whom Confidential      Information is or has been disclosed, enter into confidentiality      agreements undertaking in similar tenns to this Clause 13 in favour of the      Supplier. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.4 | Any      Confidential Information may be used by the Distributor for any purpose,      or disclosed by the Distributor to any other person, to the extent only      that: |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | it      is at the date hereof, or hereafter becomes, public knowledge through no      fault of the Distributor or any Authorized Sub-Distributor or any of their      respective employees (provided that in doing so the Distributor shall not      disclose any Confidential Information which is not public knowledge);      or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | it      can be shown by the Distributor, to the reasonable satisfaction of the      Supplier, to have been known to it prior to its being disclosed by the      Supplier to the Distributor. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.5 | On      expiration or termination of this Agreement, the Distributor must      immediately: |
|------|---------------------------------------------------------------------------------------------|

|   | (a) | deliver      to the Supplier all documents and other materials containing, recording or      referring to Confidential Information which are in its possession, power      or control; and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | ensure      that any person who has received the Confidential Information by the      Distributor's authority returns the Confidential Information (in any form      in which it is held) to theSupplier. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.6 | Each      party must treat the existence and terms of this Agreement confidentially      and no announcement or communication relating to the negotiations of the      parties or the existence, subject matter or terms of this document may be      made or authorised by a party: |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | unless      the other party has first given its written  approval; |
|--------|-----|--------------------------------------------------------------------|

----

|   | (b) | the      disclosure is to the party's employees, consultants, professional      advisers, bankers, financial advisers or financiers or to a person whose      consent is required under this document or for a transaction contemplated      by it and those persons undertake to keep confidential any information so      disclosed; or |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the      disclosure is made to the extent reasonably needed to comply with any      applicable Law or requirement of any Governmental Agency or regulatory      body (including any relevant stock exchange or securities regulatory      body). |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.7 | The      obligations imposed by this Clause 13 survive the termination of this      Agreement. |
|------|------------------------------------------------------------------------------------------------|

| 14.1 | Each      party represents and warrants that: |
|------|-----------------------------------------------|

|   | (a) | it      has full legal capacity and power to own its property and to carryon its      business and to enter into and carry out the transactions contemplated by      this Agreement; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | it      has taken all corporate action that is necessary or desirable to authorise      its entry into and its performance of the transactions contemplated by      this Agreement; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | it      holds each Authorisation that is necessary or desirable to execute and      perform the transactions contemplated by this Agreement and to enable it      to properly carryon its business, and it is complying with any conditions      to which any of such Authorisations issubject; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | this      Agreement constitutes its legal, valid and binding obligations,      enforceable against it in accordance with its terms (except to the extent      limited by equitable principles and Laws affecting creditors' rights      generally); |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | neither      its execution nor its performance of this Agreement does or will      contravene any Law to which it or any of its property is subject or any      judgment, order, award, or determination of any court or arbitration or      administrative tribunal or any policy of any Government Agency that is      binding on it or any of its property, contravene any undertaking or      instrument binding on it or any of its property, or contravene its      constitution; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | no      litigation, arbitration, mediation, conciliation or administrative      proceedings are taking place, pending, or to the knowledge of any of its      officers after due inquiry, threatened which, if adversely decided, could      have a material adverse effect on its ability to perform its obligations      under this document. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.2 | Subject      as herein provided the Supplier warrants to the Distributor      that: |
|------|-------------------------------------------------------------------------------------|

|   | (a) | the      Trade Marks (if any) are registered or are the subject of applications for      registration in the name of the Supplier and that it has disclosed to the      Distributor all trade marks and trade names used by the Supplier in      relation to the Products at the date of this Agreement;  and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | it      is not aware of any rights of any third party in the Territory which would      or might render the sale of the Products, or the use of any of the Trade      Marks on or in relation to the Products,  unlawful. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (a) | upon      written notice to the Distributor, to suspend the Supplier's performance      of this Agreement or any transaction under this Agreement without      liability to the Supplier or any third party;  and/or |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | to      conduct an audit of the Distributor's business to determine whether a      breach has occurred, and for this purpose the Distributor shall cooperate      with any such audit. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.1 | The      Distributor shall indemnify the Supplier and the Supplier's officers,      directors, employees and agents (for each of whom the Supplier holds the      benefit of this indemnity upon trust) from any loss, damage, liability or      expense (including without limitation reasonable legal fees and expenses)      directly or indirectly arising out of or relating  to: |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | any      representation or warranty made by the Distributor without the authority      of the Supplier or which is not in accordance with the Standard Terms of      Sale; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | any      defective or improper provision of services in respect of the      Products; |
|--------|-----|---------------------------------------------------------------------------------------|

|   | (c) | any      provision by the Distributor or its agents of unauthorized repair services      for Products; |
|--------|-----|--------------------------------------------------------------------------------------------------------|

|   | (d) | any      alteration of any instructions or operating manuals, labelling or      packaging in respect of any Products that is not authorized in writing by      the Supplier; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | the      Distributor's breach of or non-compliance with any of the Distributor's      obligations under this Agreement (including without limitation a breach      for which the Supplier terminates this  Agreement); |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | use      by the Distributor of third party spare parts, supplies or materials      without the Supplier's prior writtenconsent; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | the      Supplier's termination of this Agreement for breach by the      Distributor; |
|--------|-----|---------------------------------------------------------------------------------------|

|   | (h) | any      negligence, wrongful act or omission, or breach of statutory duty by the      Distributor or by its employees, contractors, officers or      agents; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | any      violation of applicable Laws, judgments, orders, awards, or determinations      of any court or arbitration or administrative tribunal in the Territory;      or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (j) | any      similar breach, act or omission as referred to in (a) through (i) above on      the part of any Authorized Sub-Distributor or its respective employees,      officers or agents. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.2 | The      Supplier shall indemnifY the Distributor and the Distributor's officers,      directors, employees and agents (for each of whom the Supplier holds the      benefit of this indemnity upon trust) from any loss, damage, liability or      expense (including without limitation reasonable legal fees and expenses)      directly or indirectly arising out of or relating  to: |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | any      breach of Supplier's representations and warranties or covenants contained      herein; |
|--------|-----|--------------------------------------------------------------------------------------------------|

----

|   | (b) | any      actions by persons claiming ownership or other rights in the Products or      the infringement of any patents and copyrights relating to the Products      and any related packaging material and accompanying printed material where      the content thereof has been specifically approved by the Supplier;      and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | any      claims in the nature of product liability or defects inherent in the      Products; |
|--------|-----|----------------------------------------------------------------------------------------------|

| 17.1 | If      either party is affected by Force Majeure it shall f0l1hwith notifY the      other party of the nature and extentthereof. |
|------|-----------------------------------------------------------------------------------------------------------------------------------|

| 17.2 | Neither      party shall be deemed to be in breach of this Agreement, or otherwise be      liable to the other, by reason of any delay in performance, or      non-performance, of any of its obligations under this Agreement (not being      a delay in payment) to the extent that such delay or non-performance is      due to any Force Majeure of which it has notified the other party; and the      time for performance of that obligation shall be extended      accordingly. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 17.3 | If      the Force Majeure in question prevails for a continuous period in excess      of six months, the parties shall enter into bona fide discussions with a      view to alleviating its effects, or to agreeing upon such alternative      arrangements as may be fair andreasonable. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.1 | Either      party shall be entitled to terminate this Agreement in accordance with      Clause 3 (Term). |
|------|----------------------------------------------------------------------------------------------------------|

| 18.2 | The      Supplier shall be entitled to terminate this Agreement immediately upon      notice to the Distributor if: |
|------|---------------------------------------------------------------------------------------------------------------------|

|   | (a) | the      Distributor fails to comply fully with its obligations under Clauses 11.2      and 12 or any clauses under them;or |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the      Distributor fails to pay any sum due to the Supplier when due, and such      failure to pay continues for 14 Business Days following written notice      from the Supplier of such failure;or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the      Distributor commits any other breach of this Agreement or any breach under      Clause 2.4, 2.6, 6.4(a) and 10 and, in the case of a breach capable of      remedy, fails to remedy the same within 30 days after receipt of a written      notice giving particulars of the breach and requiring it to be remedied;      or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | the      Distributor at any time challenges the validity of any Intellectual      Property of the Supplier; |
|--------|-----|-------------------------------------------------------------------------------------------------------------|

|   | (e) | the      Distributor fails to sell any Products 12 months after the grant of all      the necessary Authorisations of any government agent in the sovereign      country; or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | (f) | there      is a Change in Control of the Distributor so that Control of the      Distributor becomes exerciseable by either (a) a competitor ofthe      Supplier, or (b) any corporation, company, partnership or other      organisation or person in control of a company of the tobacco      industry. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.3 | Either      party shall be entitled forthwith to terminate this Agreement by written      notice to the other if: |
|------|-------------------------------------------------------------------------------------------------------------------|

|   | (a) | a      creditor takes possession of all or any part of the business or assets of      that other party or other legal process is enforced against the business      or any asset of the other party and is not discharged within 30 days of      the judgement ; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | a      petition is presented or a proceeding is commenced or an order is made or      an effective resolution is passed for the winding-up, insolvency,      administration, reorganization, reconstruction, dissolution or bankruptcy      of that other party or for the appointment of a liquidator, receiver,      administrator, trustee or similar officer of that other party or of all or      any part of its business or assets (except in each case for the purposes      of amalgamation or reconstruction and in such manner that the company      resulting therefrom effectively agrees to be bound by or assume the      obligations imposed on that other party under this    Agreement); |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | that      other party stops or suspends payments to its creditors generally or is      unable or admits its inability to pay its debts as they fall due or seeks      to enter into any composition or other arrangement with its creditors or      is declared or becomes bankrupt orinsolvent; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | that      other party ceases to carry on itsbusiness; |
|--------|-----|-------------------------------------------------------|

|   | (e) | anything      analogous to any of the foregoing under the Law of any jurisdiction occurs      in relation to that other party; or |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | any      event which has an effect equivalent or similar to any of the above events      occurs in relation to any person who Controls that other      party. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.4 | For      the purposes of Clause 18.2(c), a breach shall be considered capable of      remedy if the Distributor can comply with the provision in question in all      respects other than as to the time of performance (provided that time of      performance is not of the essence). |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.5 | Any      waiver by either party of a breach of any provision of this Agreement      shall not be considered as a waiver of any subsequent breach of the same      or any other provision of thisAgreement. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.6 | The      rights to terminate this Agreement given by this Clause 18 shall be      without prejudice to any other right or remedy of either party in respect      of the breach concerned (if any) or any other  breach. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.3 | If      either party gives notice in accordance with Clause 3,18.1, 18.2 or 18.3      to terminate this Agreement, the Supplier may at any time after such      notice is given (and despite this Agreement continuing in force during      such notice period) appoint one or more persons as successor or      replacement authorized distributors who may make themselves known as an      authorized distributor of the Products in the Territory and may take      orders for delivery of the Products after the date of expiry or      termination of this Agreement. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.3 | Upon      the termination of this Agreement for any  reason: |
|------|--------------------------------------------------------------|

|   | (a) | the      Distributor shall promptly provide a list of its unsold inventory ("Unsold      Inventory List") and such information as to its unsold inventory as the      Supplier shall reasonably require; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (b) | the      Supplier shall be entitled (but not obliged) to repurchase from the      Distributor all or part of any stocks of the Products then held by the      Distributor at their original Invoice Value or the value at which they      stand in the books of the Distributor, whichever is lower; provided      that: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the      Supplier shall be responsible for arranging and for the cost of, transport      and insurance; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------|

|   | (ii) | the      Distributor may sell stocks of Products for which it has accepted orders      from customers prior to the date oftermination, |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the      Distributor may sell stocks of Products referred to on the Unsold      Inventory List in respect of which the Supplier does not, by written      notice given to the Distributor within 30 days after receipt of the Unsold      Inventory List, exercise its right of repurchase, and for those purposes      and to that extent the provisions of this Agreement shall continue in full      force and effect; |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the      Distributor shall at its own expense within 30 days deliver to the      Supplier (or if requested in writing by the Supplier, dispose of in      accordance with the directions of the Supplier) all Confidential      Information, all samples of the Products, all advertising, promotional or      sales material relating to the Products, all sales records, price lists,      lists of customers and end-users and other records and data relating to      the Distributor's conduct of its business relating to the Products or the      provision of the Services, then in the possession of the Distributor,      which items shall upon such termination be considered the property of the      Supplier; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | outstanding      unpaid invoices rendered by the Supplier in respect of the Products shall      become immediately payable by the Distributor and invoices in respect of      Products and ordered prior to termination but for which an invoice has not      been submitted shall be payable in full immediately upon submission of the      invoice; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | the      Distributor shall cease to promote, market or advertise the Products,      provide the Services or make any use of the Trade Marks other than for the      purpose of selling stock in accordance with Clauses 19.2(b)Oil or      @; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | the      Distributor shall at its own expense Jom with the Supplier in procuring      the cancellation of any registered user agreements in accordance with      Clause 12.9; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | the      Distributor shall transfer, cancel or make available to the Supplier or      its nominee, at the Supplier's request, all licences and approvals      relating to the Products or Services granted in the name of the      Distributor; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (h) | any      acceptance by the Supplier of orders for Products or any sale of Products      to the Distributor after the termination of this Agreement shall not be      construed as an extension of this Agreement or waiver of termination, but      in the absence of any further agreement between the parties, such      transactions shall be governed by provisions identical to the terms of      this Agreement; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | subject      as otherwise provided herein and to any rights or obligations which have      accrued prior to termination, neither party shall have any further      obligation to the other under thisAgreement. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (j) | the      Distributor shall promptly provide a list of its existing clients      ("Existing Clients List") to the Supplier. The list must include all      details information of the existing clients including but not limited to      the contacts, history of sales records and the amount of      orders. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.3 | The      Supplier and the Distributor agree that, for a period of five years after      Termination, |
|------|------------------------------------------------------------------------------------------------------|

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|  | (a) | the      Distributor shall be entitled to 5% of the sales price for each products,      as described under Schedule 1, sold to the clients listed under the      Existing Clients List; |
|--|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the      Supplier shall provide a financial report, for the year ending 31st March,      regarding the sale of the Products sold to clients listed in the Existing      Clients List to the Distributor and pay the amount according to Clause      19.3(a) within 60 days after 31stMarch; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Upon      request of Distributor, the Supplier's auditor shall provide the      Distributor a certified financial report, for the year ending 31 st March,      regarding the sale of the Products sold to clients listed in the Existing      Clients List. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.4 | To      the maximum extent permitted by Law, other than as explicitly set forth in      this Agreement and other than in a case of fraudulent misrepresentation or      misconduct, the Supplier shall have no liability to the Distributor for      the termination of this Agreement for any reason, whether for loss of      profits, for any expenditure, investment, goodwill, or commitment in      connection with the Distributor's business, or  otherwise. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.4.1. | The      provisions of Clause 2.6(b) shall continue to apply for a period of I year      after the date of termination. |
|---------|-------------------------------------------------------------------------------------------------------------------------|

| 19.5 | The      termination of this Agreement shall not affect the rights and obligations      of the parties under Clauses 8, 10, 12, 11 which shall survive such      termination and remain in full force andeffect. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 20.1 | Each      notice, demand or other communication given or made under this Agreement      shall be in writing and delivered or sent to the relevant party      personally, by courier, by certified or registered mail (airmail if sent      overseas) with return receipt requested, or by facsimile at the following      addresses or facsimile numbers (or such other address or facsimile number      as the addressee has by 14 days prior written notice specified to the      other party): |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | To      the Supplier:    | 25 Avenue      Georges Lemaitre   |
|--------|--------------------------|---------------------------------------------|
|   |                     | 6041      Gosselies                         |
|   |                     | Belgium                                     |
|   |                     | Fax      Number                             |
|   |                     | Attention:  Chief      Executive  |
|   |                     |                                        |
|   |                     |                                        |
|   | To      the Distributor: | BIOFIELD      CORP.                         |
|   |                     | 1615      Walnut Street, 3rd      Floor     |
|   |                     | Philadelphia,      PA 19102 USA             |
|   |                     | Attention:  David      Bruce Hong |
|   | Also      copy to:       | The      Mackay Holdings Limited            |
|   |                     | 3412,      China Merchants Tower,           |
|   |                     | 168-200      Connaught Road,                |
|   |                     | Sheung      Wan, Hong Kong                  |
|   |                     | Fax      Number:   (852) 25490689 |

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|   | Attention:         David Bruce Hong |
|--------|----------------------------------------------------|
|   | Email:                                             |

| 21.1 | The      Supplier shall be entitled to perform any of the obligations undertaken by      it and to exercise any of the rights granted to it under this Agreement      through any other company which at the relevant time Controls, is under      the Control of or is under common Control with the Supplier and any act or      omission of any such company shall for the purposes of this Agreement be      deemed to be the act or omission of the  Supplier. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.2 | The      Supplier may assign this Agreement and its rights and obligations under      this Agreement. Specifically, but without limitation, the Supplier may      nominate an Affiliate of the Supplier, (the "Nominee") to assume the role      of the Supplier, in which event the Distributor shall, if required in      writing by the Supplier, join with the Supplier in entering into a      novation agreement whereby (a) the Nominee shall assume all rights and      obligations of the Supplier under this Agreement, (b) the Distributor      shall release the Supplier from its obligations under this Agreement and      (c) the governing law and jurisdiction provisions of this Agreement shall      if required by the Nominee be changed to the jurisdiction of incorporation      of the Nominee and (d) such other amendments shall be made to this      Agreement as the Nominee may reasonably request, and the Distributor      further agrees to enter into such other licenses or other agreements with      the Nominee or Affiliates of the Nominee as the Supplier may reasonably      request to reflect any restructuring of ownership and other rights      relating to the Intellectual Property. Upon execution of such novation      agreement, all references to the Supplier in this Agreement (except as      expressly provided for in the novation agreement) shall be deemed to be      references to the Nominee. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.3 | This      Agreement is personal to the Distributor, which may not without the      written consent of the Supplier, assign, mortgage, charge (otherwise than      by floating charge) or dispose of any of its rights, or sub-contract or      otherwise delegate any of its obligations, under this      Agreement. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.4 | Subject      as provided in Clause 5.3, nothing in this Agreement shall create, or be      deemed to create, a partnership or the relationship of principal and agent      or employer and employee between theparties. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.5 | Each      party acknowledges that, in entering into this Agreement, it does not do      so on the basis of, and does not rely on, any representation, warranty or      other provision except as expressly provided in this Agreement, and all      conditions, warranties or other terms implied by statute or common law are      hereby excluded to the fullest extent permitted by  Law. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.6 | Unless      otherwise agreed in writing by the parties, Euros shall be the currency of      account and of payment in respect of sums payable under this Agreement. If      an amount is received in another currency, pursuant to a judgment or order      or in the liquidation of the Distributor or otherwise, the Distributor's      obligations under this Agreement shall be discharged only to the extent      that the Supplier may purchase Euros with such other currency in      accordance with normal banking procedures upon receipt of such amount. If      the amount in Euros which may be so purchased, after deducting any costs      of exchange and any other related costs, is less than the relevant sum      payable under this Agreement, the Distributor shall indemnify the Supplier      against the shortfall. This indemnity shall be an obligation of the      Distributor independent of and in addition to its other obligations under      this Agreement and shall take effect notwithstanding any time or other      concession granted to the Distributor or any judgment or order being      obtained or the filing of any claim in the liquidation, dissolution or      bankruptcy (or analogous process) of the  Distributor. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 21.7 | No      amendment or variation of this Agreement shall be effective unless made in      writing and signed by or on behalf of each of the parties except that the      Supplier may, in its sole and absolute discretion from time to      time: |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | amend      the Standard Terms of Sale; and |
|--------|-----|--------------------------------------------|

|   | (b) | amend      any policy statements and codes of conduct issued by it from time to      time. |
|--------|-----|--------------------------------------------------------------------------------------------|

| 21.8 | The      parties acknowledge and agree that despite any other rights a party may      have under this Agreement or otherwise, damages will not be sufficient      remedy for breach of this Agreement and that the non-breaching party will      be entitled to specific performance as a remedy for any such breach and      any temporary measure in the form of a court order for an injunction, as      the case may be. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.9 | No      failure or delay by a party in exercising a right under this Agreement      shall impair such right or operate as a waiver of such right, nor shall      any single or partial exercise of any such right preclude any further      exercise of such right or the exercise of any other right. The rights      provided for in this Agreement are cumulative and do not exclude any other      rights provided by Law. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.10 | This      Agreement (and the documents incorporated by reference or otherwise      referred to in it, including without limitation, the Standard Terms of      Sale, which shall be binding on the Distributor) constitute the entire      agreement between the parties in respect of its subject matter and      replaces all previous oral or written agreements, understandings and      communications of the parties as to such subject  matter. |
|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.11 | If      any provision of this Agreement is or becomes illegal, invalid or      unenforceable in any respect under the Law of any jurisdiction, that shall      not affect or impair: |
|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the      legality, validity or enforceability in that jurisdiction of any other      provision of this  Agreement;or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the      legality, validity or enforceability under the Law of any other      jurisdiction of that or  any other provision of this      Agreement. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.12 | If      this Agreement is translated into any language other than English, the      English language text shallprevail. |
|-------|-------------------------------------------------------------------------------------------------------------------------|

| 21.13 | This      Agreement may be executed in counterparts. Each counterpart shall      constitute an original of this Agreement, but all the counterparts      together shall constitute one and the same  instrument. |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22. | DISPUTE      RESOLUTION |
|-----|-------------------------|

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|   | whether it prevails      in the arbitration or not. The award shall be final and binding upon      the parties and may be entered into by a competent court of      jurisdiction. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| SIGNED      byfor      and on behalf ofValiBio      SA                                                                                                           | )))))) |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
| By:                                                                                                                                                                        |   |
| Date:                                                                                                                                                                      |   |   | Its: |   |
|                                                                                                                                                                       |   |   |
|                                                                                                                                                                       |   |   |
| In      the presence of:                                                                                                                                                   |   |   |
|                                                                                                                                                                       |   |
| SIGNED      byfor      and on behalf of BIOFIELD CORP. in      the presence of                                                                                        | )))))) |   |
|                                                                                                                                                                       | By:    |   |
| Date:                                                                                                                                                                      |   |   | Its: |   |
|                                                                                                                                                                       |   |   |
|                                                                                                                                                                       |   |   |
| In      the presence of:                                                                                                                                                   |   |   |
|                                                                                                                                                                       |
| Acknowledged      by and consented to      for and on behalf of VALIRX PLC.,      as the owner or holder of Patent      License (ValliRx)W02002GB03080                     | ))))   |   |   |
|                                                                                                                                                                       |   |   |   |
| Acknowledged      by and consented to      for and on behalf of CRONOS THERAPEUTICS,      as the owner or holder      of Patent License (Cronos Therapeutics)W0200SI019826 | ))))   |   |   |

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