**Exhibit
          10.37**
  
   **AMENDED
        AND RESTATED**
  **INVESTOR
        REGISTRATION RIGHTS AGREEMENT**
   **THIS
        AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT** (this
        “ Agreemen t”),
        dated as of August 30, 2006, by and among **ULURU
        INC.** (f/k/a
        Oxford Ventures, Inc.), a Nevada corporation (the “Company”), and the
        undersigned investors listed on Schedule I attached hereto (each, an
“ Investor ”
and
        collectively, the “ Investors ”).
  **WHEREAS:**
  A.  In
        connection with the Securities Purchase Agreement by and among the parties
        hereto dated October 12, 2005 (the “ Securities
        Purchase Agreement ”),
        the
        Company issued and sold to the Investors at the First Closing (i) secured
        convertible debentures (the “ Convertible
        Debentures ”)
        which
        are convertible into shares of the Company’s common stock, par value $0.001 per
        share (the “ Common
        Stock ”),
        as is
        provided for in the Convertible Debentures and (ii) warrants (the “ First
        Closing Warrants ”)
        to
        purchase 5,000,000 shares of Common Stock. Capitalized terms not defined
        herein
        shall have the meaning ascribed to them in the Securities Purchase
        Agreement.
  B.  To
        induce
        the Investors to execute and deliver the Securities Purchase Agreement, the
        Company agreed to provide certain registration rights under the Securities
        Act
        of 1933, as amended, and the rules and regulations thereunder, or any similar
        successor statute (collectively, the “ Securities
        Act ”),
        and
        applicable state securities laws, to the Investors pursuant to the terms
        of the
        Investor Registration Rights Agreement, dated as of October 12, 2005 (the
        “ Prior
        Registration Rights Agreement ”),
        by
        and among the Company and the Investors.
  C.  On
        March
        13, 2006 Highgate House Funds, Ltd. assigned to Cornell Capital Partners,
        LP the
        Convertible Debenture and First Closing Warrants issued to Highgate House
        Funds,
        Ltd. pursuant to the Securities Purchase Agreement and all of Highgate’s rights
        and interests that Highgate had under the Prior Registration Rights Agreement.
 
 D.  Simultaneously
        herewith, the Securities Purchase Agreement is being amended to provide that
        the
        Second Closing shall occur on the date hereof and, at the Second Closing,
        (i)
        Prenox, LLC shall provide an additional $3,000,000 of funding to the Company
        in
        exchange for (A) the issuance of an amended and restated Convertible Debenture
        in the aggregate principal amount of $13,000,000 and (B) the issuance of
        warrants (the “ Second
        Closing Warrants ”)
        and
        together with the First Closing Warrants, the “ Warrants ”)
        to
        purchase 1,125,000 shares of Common Stock and (ii) the Convertible Debenture
        held by Cornell Capital Partners, LP shall be amended and restated (the amended
        and restated Convertible Debentures issued to Prenox, LLC and Cornell Capital
        Partners, LP are referred to herein as the “ Amended
        and Restated Convertible Debentures”).
  **NOW,
        THEREFORE,** in
        consideration of the premises and the mutual covenants contained herein and
        other good and valuable consideration, the receipt and sufficiency of which
        are
        hereby acknowledged, the Company and the Investors hereby agree as
        follows:
  1.
            DEFINITIONS.  As
        used
        in this Agreement, the following terms shall have the following
        meanings:
  (a)  “ Person ”
means
        a
        corporation, a limited liability company, an association, a partnership,
        an
        organization, a business, an individual, a governmental or political subdivision
        thereof or a governmental agency.
  (b)  “ Register ,”
        “ registered ,”
and
        “ registration ”
refer
        to a registration effected by preparing and filing one or more Registration
        Statements (as defined below) in compliance with the Securities Act and pursuant
        to Rule 415 under
        the
        Securities Act or any successor rule providing for offering securities on
        a
        continuous or delayed basis (“ Rule 415 ”), and
        the
        declaration or ordering of effectiveness of such Registration Statement(s)
        by
        the United States Securities and Exchange Commission (the “ SEC ”).
  (c)
        “ Registrable
        Securities ”
means
        (i) the shares of Common Stock issued or issuable upon conversion of the
        Amended
        and Restated Convertible Debentures, (ii) the shares of Common Stock issued
        or
        issuable upon exercise of the Warrants, and (iii) any shares of capital stock
        of
        the Company issued or issuable with respect to the Amended and Restated
        Convertible Debentures (without regard to any limitations on conversion
        contained therein), the Warrants (without regard to any limitations on exercise
        contained therein) or the securities referred to in clauses (i) and (ii)
        above
        as a result of any stock split, stock dividend, recapitalization, exchange
        or
        similar event or otherwise.
  (d)
        “ Registration
        Statement ”
means
        a
        registration statement under the Securities Act which covers the Registrable
        Securities.
  2.
            REGISTRATION.  (a)
        Subject to the terms and conditions of this Agreement, the Company shall
        prepare
        and file, no later than seventy-five (75) days
        from
        the date hereof (the “ Scheduled
        Filing Deadline ”),
        with
        the SEC a registration statement on Form S-1 or SB-2 (or, if the Company
        is then
        eligible, on Form S-3) under the Securities Act (the “ Initial
        Registration Statement ”)
        for
        the resale by the Investors of the Registrable Securities, which includes
        at
        least 30,000,000 Conversion Shares to be issued upon conversion of and/or
        default under the Amended and Restated Convertible Debentures and 6,125,000
        Warrant Shares to be issued upon exercise of the Warrants. The Company shall
        keep the Registration Statement “Evergreen” for the life of the Amended and
        Restated Convertible Debentures or until Rule 144(k) of the Securities Act
        of
        1933, as amended, is available to the Investor with respect to all of the
        Registrable Securities, whichever is later. The Company shall retain, and
        pay at
        its sole expense, a law firm to file the Registration Statement from a list
        of
        approved law firms provided by the Investor. Prior to the filing of the
        Registration Statement with the SEC, the Company shall furnish a copy of
        the
        Initial Registration Statement to the Investors for their review and comment.
        The Investors shall furnish comments on the Initial Registration Statement
        to
        the Company within seventy-two (72) hours of the receipt thereof from the
        Company.
  (b) Effectiveness
        of the Initial Registration Statement .
        The
        Company shall use its best efforts (i) to have the Initial Registration
        Statement declared effective by the SEC no later than one hundred twenty
        (120)
        days (one hundred fifty (150) days
        if
        the Initial Registration Statement is reviewed by the SEC) after the date
        hereof
        (the “ Scheduled
        Effective Deadline ”)
        and
        (ii) to insure that the Initial Registration Statement and any subsequent
        Registration Statement remains in effect until all of the Registrable Securities
        have been sold, subject to the terms and conditions of this Agreement. It
        shall
        be an event of default under the Amended and Restated Convertible Debentures
        if
        the Initial Registration Statement is not declared effective by the SEC within
        one hundred fifty (150) days following the date hereof
  (c) Failure
        to File or Obtain Effectiveness of the Registration Statement .
        In the
        event the Registration Statement is not filed by the Scheduled Filing Deadline
        or is not declared effective by the SEC on or before the Scheduled Effective
        Deadline, or if after the Registration Statement has been declared effective
        by
        the SEC, sales cannot be made pursuant to the Registration Statement (whether
        because of a failure to keep the Registration Statement effective, failure
        to
        disclose such information as is necessary for sales to be made pursuant to
        the
        Registration Statement, failure to register sufficient shares of Common Stock
        or
        otherwise, except for any grace period provided in Section 3(e) hereof)
        (“ Maintenance
        Failure ”)
        then
        as partial relief for the damages to any holder of Registrable Securities
        by
        reason of any such delay in or reduction of its ability to sell the underlying
        shares of Common Stock (which remedy shall not be exclusive of any other
        remedies at law or in equity), the Company will pay as liquidated damages
        (the
“ Liquidated
        Damages ”)
        and
        not as a penalty, to the holder, a cash amount equal to two percent (2%)
        per
        month of the outstanding principal amount of the Amended and Restated
        Convertible Debentures outstanding. The initial payment of Liquidated Damages
        shall be made on the date the Scheduled Filing Deadline, Scheduled Effective
        Deadline or Maintenance Failure occurs, and shall continue and be paid every
        thirtieth (30 th )
        day
        thereafter (or, if cured prior to any such subsequent thirtieth (30) day,
        within
        three (3) business days following such cure) until the Registration Statement
        is
        filed or declared effective or such Maintenance Failure is cured, as the
        case
        may be. Notwithstanding anything contained herein to the contrary, no Liquidated
        Damages payments under this Agreement (excluding any accrued Liquidated Damages’
payments under the Prior Registration Rights Agreement pursuant to Section
        2(e))
        shall exceed, with respect to a particular Investor, twelve and one half
        percent
        (12.5%) of the principal amount of such Investor’s Amended and Restated
        Convertible Debentures.
  (d) Liquidated
        Damages .
        The
        Company and the Investor hereto acknowledge and agree that the sums payable
        under subsection 2(c) above shall constitute liquidated damages and not
        penalties and are in addition to all other rights of the Investor, including
        the
        right to call a default. The parties further acknowledge that (i) the amount
        of
        loss or damages likely to be incurred is incapable or is difficult to precisely
        estimate, (ii) the amounts specified in such subsection bear a reasonable
        relationship to, and are not plainly or grossly disproportionate to, the
        probable loss likely to be incurred in connection with any failure by the
        Company to file a Registration Statement or to obtain or maintain the
        effectiveness of a Registration Statement, (iii) one of the reasons for the
        Company and the Investor reaching an agreement as to such amounts was the
        uncertainty and cost of litigation regarding the question of actual damages,
        and
        (iv) the Company and the Investor are sophisticated business parties and
        have
        been represented by sophisticated and able legal counsel and negotiated this
        Agreement at arm’s length.
  (e) Accrued
        Liquidated Damages .
        As of
        the date hereof, there are accrued Liquidated Damages owed to Prenox, LLC
        and
        Cornell Capital Partners, LP in the amount of $1,450,000 and $435,000,
        respectively, for the failure to timely file the Registration Statement under
        the Prior Registration Rights Agreement. The Company and each Investor hereby
        acknowledges and agrees that (i) payment of the accrued but unpaid Liquidated
        Damages due and owing to such Investor shall be deferred until such time
        as the
        Amended and Restated Convertible Debenture held by such Investor becomes
        due and
        owing, whether at maturity, by acceleration or otherwise and, at such time,
        such
        accrued but unpaid Liquidated Damages shall be paid in full and (ii) the
        accrued
        but unpaid Liquidated Damages shall constitute Obligations (as defined in
        the
        Security Agreement). In connection with a financing pursuant to which the
        Amended and Restated Convertible Debentures are redeemed in full in accordance
        with the terms of the Amended and Restated Convertible Debentures, the Investors
        and the Company shall enter into discussions regarding potential alternative
        terms, settlement or other resolution of payment of such accrued but unpaid
        Liquidated Damages set forth above, which such alternative terms of payment,
        settlement or resolution shall be acceptable to the Investors in their sole
        discretion.
  3.
            RELATED
                OBLIGATIONS.  (a)
        The
        Company shall keep the Registration Statement effective pursuant to Rule
        415 at
        all times until the date on which the Investors shall have sold all the
        Registrable Securities covered by such Registration Statement (the “ Registration
        Period ”),
        which
        Registration Statement (including any amendments or supplements thereto and
        prospectuses contained therein) shall not contain any untrue statement of
        a
        material fact or omit to state a material fact required to be stated therein,
        or
        necessary to make the statements therein, in light of the circumstances in
        which
        they were made, not misleading.
  (b)
        The
        Company shall prepare and file with the SEC such amendments (including
        post-effective amendments) and supplements to a Registration Statement and
        the
        prospectus used in connection with such Registration Statement, which prospectus
        is to be filed pursuant to Rule 424 promulgated under the Securities Act,
        as may
        be necessary to keep such Registration Statement effective at all times during
        the Registration Period, and, during such period, comply with the provisions
        of
        the Securities Act with respect to the disposition of all Registrable Securities
        of the Company covered by such Registration Statement until such time as
        all of
        such Registrable Securities shall have been disposed of in accordance with
        the
        intended methods of disposition by the seller or sellers thereof as set forth
        in
        such Registration Statement. In the case of amendments and supplements to
        a
        Registration Statement which are required to be filed pursuant to this Agreement
        (including pursuant to this Section 3(b)) by reason of the Company’s filing a
        report on Form 10-KSB, Form 10-QSB or Form 8-K or any analogous report under
        the
        Securities Exchange Act of 1934, as amended (the “ Exchange
        Act ”),
        the
        Company shall incorporate such report by reference into the Registration
        Statement, if applicable, or shall file such amendments or supplements with
        the
        SEC on the same day on which the Exchange Act report is filed which created
        the
        requirement for the Company to amend or supplement the Registration
        Statement.
  (c)
        The
        Company shall furnish to each Investor whose Registrable Securities are included
        in any Registration Statement, without charge, (i) at least one (1) copy
        of such
        Registration Statement as declared effective by the SEC and any amendment(s)
        thereto, including financial statements and schedules, all documents
        incorporated therein by reference, all exhibits and each preliminary prospectus,
        (ii) ten (10) copies of the final prospectus included in such Registration
        Statement and all amendments and supplements thereto (or such other number
        of
        copies as such Investor may reasonably request) and (iii) such other documents
        as such Investor may reasonably request from time to time in order to facilitate
        the disposition of the Registrable Securities owned by such
        Investor.
  (d)
        The
        Company shall use its best efforts to (i) register and qualify the Registrable
        Securities covered by a Registration Statement under such other securities
        or
“blue sky” laws of such jurisdictions in the United States as any Investor
        reasonably requests, (ii) prepare and file in those jurisdictions, such
        amendments (including post-effective amendments) and supplements to such
        registrations and qualifications as may be necessary to maintain the
        effectiveness thereof during the Registration Period, (iii) take such other
        actions as may be necessary to maintain such registrations and qualifications
        in
        effect at all times during the Registration Period, and (iv) take all other
        actions reasonably necessary or advisable to qualify the Registrable Securities
        for sale in such jurisdictions; provided, however, that the Company shall
        not be
        required in connection therewith or as a condition thereto to (w) make any
        change to its articles of incorporation or by-laws, (x) qualify to do business
        in any jurisdiction where it would not otherwise be required to qualify but
        for
        this Section 3(d), (y) subject itself to general taxation in any such
        jurisdiction, or (z) file a general consent to service of process in any
        such
        jurisdiction. The Company shall promptly notify each Investor who holds
        Registrable Securities of the receipt by the Company of any notification
        with
        respect to the suspension of the registration or qualification of any of
        the
        Registrable Securities for sale under the securities or “blue sky” laws of any
        jurisdiction in the United States or its receipt of actual notice of the
        initiation or threat of any proceeding for such purpose.
  (e)
        As
        promptly as practicable after becoming aware of such event or development,
        the
        Company shall notify each Investor in writing of the happening of any event
        as a
        result of which the prospectus included in a Registration Statement, as then
        in
        effect, includes an untrue statement of a material fact or omission to state
        a
        material fact required to be stated therein or necessary to make the statements
        therein, in light of the circumstances under which they were made, not
        misleading (provided that in no event shall such notice contain any material,
        nonpublic information), and promptly prepare a supplement or amendment to
        such
        Registration Statement to correct such untrue statement or Omission, and
        deliver
        ten (10) copies of such supplement or amendment to each Investor.
        Notwithstanding any provision of this Agreement to the contrary, if the Company
        makes such a notification, the Company may suspend the use of any prospectus
        contained in any Registration Statement for periods not to exceed forty five (45) business
        days in any three month period or two periods not to exceed an aggregate
        of
        ninety (90) business days in any 12 month period in the event that the Company
        determines, in the exercise of its reasonable discretion, confirmed by a
        legal
        opinion from outside counsel, that sales of Registrable Securities thereunder
        could constitute violations of the Securities Act due to the Registration
        Statement containing an untrue statement of a material fact or omission to
        state
        a material fact required to be stated therein or necessary to make the
        statements therein, in light of the circumstances under which they were made,
        not misleading. In each case the Company shall use commercially reasonable
        efforts to remedy the deficiency in the Registration Statement within thirty
        (30) business days. The Company shall also promptly notify each Investor
        in
        writing (i) when a prospectus or any prospectus supplement or post-effective
        amendment has been filed, and when a Registration Statement or any
        post-effective amendment has become effective (notification of such
        effectiveness shall be delivered to each Investor by facsimile on the same
        day
        of such effectiveness), (ii) of any request by the SEC for amendments or
        supplements to a Registration Statement or related prospectus or related
        information, and (iii) of the Company’s reasonable determination that a
        post-effective amendment to a Registration Statement would be
        appropriate.
  (f)
        The
        Company shall use its best efforts to prevent the issuance of any stop order
        or
        other suspension of effectiveness of a Registration Statement, or the suspension
        of the qualification of any of the Registrable Securities for sale in any
        jurisdiction within the United States of America and, if such an order or
        suspension is issued, to obtain the withdrawal of such order or suspension
        at
        the earliest possible moment and to notify each Investor who holds Registrable
        Securities being sold of the issuance of such order and the resolution thereof
        or its receipt of actual notice of the initiation or threat of any proceeding
        for such purpose.
  (g)
        The
        Company shall make available for inspection by (i) any Investor and (ii)
        one (1)
        firm of accountants or other agents retained by the Investors (collectively,
        the
“ Inspectors ”)
        all
        pertinent financial and other records, and pertinent corporate documents
        and
        properties of the Company (collectively, the “ Records ”),
        as
        shall be reasonably deemed necessary by each Inspector, and cause the Company’s
        officers, directors and employees to supply all information which any Inspector
        may reasonably request; provided, however, that each Inspector shall agree,
        and
        each Investor hereby agrees, to hold in strict confidence and shall not make
        any
        disclosure (except to an Investor) or use any Record or other information
        which
        the Company determines in good faith to be confidential, and of which
        determination the Inspectors are so notified, unless (a) the disclosure of
        such
        Records is necessary to avoid or correct a misstatement or omission in any
        Registration Statement or is otherwise required under the Securities Act,
        (b)
        the release of such Records is ordered pursuant to a final, non-appealable
        subpoena or order from a court or government body of competent jurisdiction,
        or
        (c) the information in such Records has been made generally available to
        the
        public other than by disclosure in violation of this or any other agreement
        of
        which the Inspector and the Investor has knowledge. Each Investor agrees
        that it
        shall, upon learning that disclosure of such Records is sought in or by a
        court
        or governmental body of competent jurisdiction or through other means, give
        prompt notice to the Company and allow the Company, at its expense, to undertake
        appropriate action to prevent disclosure of, or to obtain a protective order
        for, the Records deemed confidential.
  (h)
        The
        Company shall hold in confidence and not make any disclosure of information
        concerning an Investor provided to the Company unless (i) disclosure of such
        information is necessary to comply with federal or state securities laws,
        (ii)
        the disclosure of such information is necessary to avoid or correct a
        misstatement or omission in any Registration Statement, (iii) the release
        of
        such information is ordered pursuant to a subpoena or other final,
        non-appealable order from a court or governmental body of competent
        jurisdiction, or (iv) such information has been made generally available
        to the
        public other than by disclosure in violation of this Agreement or any other
        agreement. The Company agrees that it shall, upon learning that disclosure
        of
        such information concerning an Investor is sought in or by a court or
        governmental body of competent jurisdiction or through other means, give
        prompt
        written notice to such Investor and allow such Investor, at the Investor’s
        expense, to undertake appropriate action to prevent disclosure of, or to
        obtain
        a protective order for, such information.
  (i)
        The
        Company shall use its best efforts either to cause all the Registrable
        Securities covered by a Registration Statement (i) to be listed on each
        securities exchange on which securities of the same class or series issued
        by
        the Company are then listed, if any, if the listing of such Registrable
        Securities is then permitted under the rules of such exchange or (ii) to
        be
        included for quotation on the National Association of Securities Dealers,
        Inc.
        OTC Bulletin Board for such Registrable Securities. The Company shall pay
        all
        fees and expenses in connection with satisfying its obligation under this
        Section 3(i).
  (j)
        The
        Company shall cooperate with the Investors who hold Registrable Securities
        being
        offered and, to the extent applicable, to facilitate the timely preparation
        and
        delivery of certificates to a transferee of an Investor (not bearing any
        restrictive legend) representing the Registrable Securities to be offered
        pursuant to a Registration Statement and enable such certificates to be in
        such
        denominations or amounts, as the case may be, as the Investors may reasonably
        request and registered in such names as the Investors may request.
  (k)
        The
        Company shall use its best efforts to cause the Registrable Securities covered
        by the applicable Registration Statement to be registered with or approved
        by
        such other governmental agencies or authorities as may be necessary to
        consummate the disposition of such Registrable Securities.
  (1)
        The
        Company shall make generally available to its security holders as soon as
        practical, but not later than ninety (90) days after the close of the period
        covered thereby, an earnings statement (in form complying with the provisions
        of
        Rule 158 under the Securities Act) covering a twelve (12) month period beginning
        not later than the first day of the Company’s fiscal quarter next following the
        effective date of the Registration Statement.
  (m)The
        Company shall otherwise use its best efforts to comply with all applicable
        rules
        and regulations of the SEC in connection with any registration
        hereunder.
  (n)
        Within two (2) business days after a Registration Statement which covers
        Registrable Securities is declared effective by the SEC, the Company shall
        deliver, and shall cause legal counsel for the Company to deliver, to the
        transfer agent for such Registrable Securities (with copies to the Investors
        whose Registrable Securities are included in such Registration Statement)
        confirmation that such Registration Statement has been declared effective
        by the
        SEC in the form attached hereto as Exhibit
        A.
  4.
            OBLIGATIONS
                OF THE INVESTORS.  Each
        Investor agrees that, upon receipt of any notice from the Company of the
        happening of any event of the kind described in Section 3(f) or the first
        sentence of Section 3(e), such Investor will immediately discontinue disposition
        of Registrable Securities pursuant to any Registration Statement(s) covering
        such Registrable Securities until such Investor’s receipt of the copies of the
        supplemented or amended prospectus contemplated by Section 3(e) or receipt
        of
        notice from the Company that no supplement or amendment is required.
        Notwithstanding anything to the contrary, the Company shall cause its transfer
        agent to deliver unlegended certificates for shares of Common Stock to a
        transferee of an Investor in accordance with the terms of the Securities
        Purchase Agreement in connection with any sale of Registrable Securities
        with
        respect to which an Investor has entered into a contract for sale prior to
        the
        Investor’s receipt of a notice from the Company of the happening of any event of
        the kind described in Section 3(f) or the first sentence of 3(e) and for
        which
        the Investor has not yet settled.
  5.
            EXPENSES
                OF REGISTRATION.  All
        expenses incurred in connection with registrations, filings or qualifications
        pursuant to Sections 2 and 3, including, without limitation, all registration,
        listing and qualifications fees, printers, legal and accounting fees shall
        be
        paid by the Company.
  6.
            INDEMNIFICATION.  With
        respect to Registrable Securities which are included in a Registration Statement
        under this Agreement:
  (a)
        To
        the fullest extent permitted by law, the Company will, and hereby does,
        indemnify, hold harmless and defend each Investor, the directors, officers,
        partners, employees, agents, representatives of, and each Person, if any,
        who
        controls any Investor within the meaning of the Securities Act or the Exchange
        Act (each, an “ Indemnified
        Person ”),
        against any losses, claims, damages, liabilities, judgments, fines, penalties,
        charges, costs, reasonable attorneys’ fees, amounts paid in settlement or
        expenses, joint or several (collectively, “ Claims ”)
        incurred in investigating, preparing or defending any action, claim, suit,
        inquiry, proceeding, investigation or appeal taken from the foregoing by
        or
        before any court or governmental, administrative or other regulatory agency,
        body or the SEC, whether pending or threatened, whether or not an indemnified
        party is or may be a party thereto (“ Indemnified
        Damages ”),
        to
        which any of them may become subject insofar as such Claims (or actions or
        proceedings, whether commenced or threatened, in respect thereof) arise out
        of
        or are based upon: (i) any untrue statement or alleged untrue statement of
        a
        material fact in a Registration Statement or any post-effective amendment
        thereto or in any filing made in connection with the qualification of the
        offering under the securities or other “blue sky” laws of any jurisdiction in
        which Registrable Securities are offered (“ Blue
        Sky Filing ”),
        or
        the omission or alleged omission to state a material fact required to be
        stated
        therein or necessary to make the statements therein not misleading; (ii)
        any
        untrue statement or alleged untrue statement of a material fact contained
        in any
        final prospectus (as amended or supplemented, if the Company files any amendment
        thereof or supplement thereto with the SEC) or the omission or alleged omission
        to state therein any material fact necessary to make the statements made
        therein, in light of the circumstances under which the statements therein
        were
        made, not misleading; or (iii) any violation or alleged violation by the
        Company
        of the Securities Act, the Exchange Act, any other law, including, without
        limitation, any state securities law, or any rule or regulation there under
        relating to the offer or sale of the Registrable Securities pursuant to a
        Registration Statement (the matters in the foregoing clauses (i) through
        (iii)
        being, collectively, “ Violations ”).
        The
        Company shall reimburse the Investors and each such controlling person promptly
        as such expenses are incurred and are due and payable, for any legal fees
        or
        disbursements or other reasonable expenses incurred by them in connection
        with
        investigating or defending any such Claim. Notwithstanding anything to the
        contrary contained herein, the indemnification agreement contained in this
        Section 6(a): (x) shall not apply to a Claim by an Indemnified Person arising
        out of or based upon a Violation which occurs in reliance upon and in conformity
        with information furnished in writing to the Company by such Indemnified
        Person
        expressly for use in connection with the preparation of the Registration
        Statement or any such amendment thereof or supplement thereto; (y) shall
        not be
        available to the extent such Claim is based on a failure of the Investor
        to
        deliver or to cause to be delivered the prospectus made available by the
        Company, if such prospectus was timely made available by the Company pursuant
        to
        Section 3(c); and (z) shall not apply to amounts paid in settlement of any
        Claim
        if such settlement is effected without the prior written consent of the Company,
        which consent shall not be unreasonably withheld. Such indemnity shall remain
        in
        full force and effect regardless of any investigation made by or on behalf
        of
        the Indemnified Person and shall survive the transfer of the Registrable
        Securities by the Investors.
  (b)
        In
        connection with a Registration Statement, each Investor agrees to severally
        and
        not jointly indemnify, hold harmless and defend, to the same extent and in
        the
        same manner as is set forth in Section 6(a), the Company, each of its directors,
        each of its officers, employees, representatives, or agents and each Person,
        if
        any, who controls the Company within the meaning of the Securities Act or
        the
        Exchange Act (each an “ Indemnified
        Party ”),
        against any Claim or Indemnified Damages to which any of them may become
        subject, under the Securities Act, the Exchange Act or otherwise, insofar
        as
        such Claim or Indemnified Damages arise out of or is based upon any Violation,
        in each case to the extent, and only to the extent, that such Violation occurs
        in reliance upon and in conformity with written information furnished to
        the
        Company by such Investor expressly for use in connection with such Registration
        Statement; and, subject to Section 6(d), such Investor will reimburse any
        legal
        or other expenses reasonably incurred by them in connection with investigating
        or defending any such Claim; provided, however, that the indemnity agreement
        contained in this Section 6(b) and the agreement with respect to contribution
        contained in Section 7 shall not apply to amounts paid in settlement of any
        Claim if such settlement is effected without the prior written consent of
        such
        Investor, which consent shall not be unreasonably withheld; provided, further,
        however, that the Investor shall be liable under this Section 6(b) for only
        that
        amount of a Claim or Indemnified Damages as does not exceed the net proceeds
        to
        such Investor as a result of the sale of Registrable Securities pursuant
        to such
        Registration Statement. Such indemnity shall remain in full force and effect
        regardless of any investigation made by or on behalf of such Indemnified
        Party
        and shall survive the transfer of the Registrable Securities by the Investors.
        Notwithstanding anything to the contrary contained herein, the indemnification
        agreement contained in this Section 6(b) with respect to any prospectus shall
        not inure to the benefit of any Indemnified Party if the untrue statement
        or
        omission of material fact contained in the prospectus was corrected and such
        new
        prospectus was delivered to each Investor prior to such Investor’s use of the
        prospectus to which the Claim relates.
  (c)
        Promptly after receipt by an Indemnified Person or Indemnified Party under
        this
        Section 6 of notice of the commencement of any action or proceeding (including
        any governmental action or proceeding) involving a Claim, such Indemnified
        Person or Indemnified Party shall, if a Claim in respect thereof is to be
        made
        against any indemnifying party under this Section 6, deliver to the indemnifying
        party a written notice of the commencement thereof, and the indemnifying
        party
        shall have the right to participate in, and, to the extent the indemnifying
        party so desires, jointly with any other indemnifying party similarly noticed,
        to assume control of the defense thereof with counsel mutually satisfactory
        to
        the indemnifying party and the Indemnified Person or the Indemnified Party,
        as
        the case may be; provided, however, that an Indemnified Person or Indemnified
        Party shall have the right to retain its own counsel with the fees and expenses
        of not more than one (1) counsel for such Indemnified Person or Indemnified
        Party to be paid by the indemnifying party, if, in the reasonable opinion
        of
        counsel retained by the indemnifying party, the representation by such counsel
        of the Indemnified Person or Indemnified Party and the indemnifying party
        would
        be inappropriate due to actual or potential differing interests between such
        Indemnified Person or Indemnified Party and any other party represented by
        such
        counsel in such proceeding. The Indemnified Party or Indemnified Person shall
        cooperate fully with the indemnifying party in connection with any negotiation
        or defense of any such action or claim by the indemnifying party and shall
        furnish to the indemnifying party all information reasonably available to
        the
        Indemnified Party or Indemnified Person which relates to such action or claim.
        The indemnifying party shall keep the Indemnified Party or Indemnified Person
        fully apprised at all times as to the status of the defense or any settlement
        negotiations with respect thereto. No indemnifying party shall be liable
        for any
        settlement of any action, claim or proceeding effected without its prior
        written
        consent; provided, however, that the indemnifying party shall not unreasonably
        withhold, delay or condition its consent. No indemnifying party shall, without
        the prior written consent of the Indemnified Party or Indemnified Person,
        consent to entry of any judgment or enter into any settlement or other
        compromise which does not include as an unconditional term thereof the giving
        by
        the claimant or plaintiff to such Indemnified Party or Indemnified Person
        of a
        release from all liability in respect to such claim or litigation. Following
        indemnification as provided for hereunder, the indemnifying party shall be
        subrogated to all rights of the Indemnified Party or Indemnified Person with
        respect to all third parties, firms or corporations relating to the matter
        for
        which indemnification has been made. The failure to deliver written notice
        to
        the indemnifying party within a reasonable time of the commencement of any
        such
        action shall not relieve such indemnifying party of any liability to the
        Indemnified Person or Indemnified Party under this Section 6, except to the
        extent that the indemnifying party is prejudiced in its ability to defend
        such
        action.
  (d)
        The
        indemnification required by this Section 6 shall be made by periodic payments
        of
        the amount thereof during the course of the investigation or defense, as
        and
        when bills are received or Indemnified Damages are incurred.
  (e)
        The
        indemnity agreements contained herein shall be in addition to (i) any cause
        of
        action or similar right of the Indemnified Party or Indemnified Person against
        the indemnifying party or others, and (ii) any liabilities the indemnifying
        party may be subject to pursuant to the law.
  7.
            CONTRIBUTION.  To
        the
        extent any indemnification by an indemnifying party is prohibited or limited
        by
        law, the indemnifying party agrees to make the maximum contribution with
        respect
        to any amounts for which it would otherwise be liable under Section 6 to
        the
        fullest extent permitted by law; provided, however, that: (i) no seller of
        Registrable Securities guilty of fraudulent misrepresentation (within the
        meaning of Section 11(f) of the Securities Act) shall be entitled to
        contribution from any seller of Registrable Securities who was not guilty
        of
        fraudulent misrepresentation; and (ii) contribution by any seller of Registrable
        Securities shall be limited in amount to the net amount of proceeds received
        by
        such seller from the sale of such Registrable Securities.
  8.
            REPORTS
                UNDER THE EXHANGE ACT.  With
        a
        view to making available to the Investors the benefits of Rule 144 promulgated
        under the Securities Act or any similar rule or regulation of the SEC that
        may
        at any time permit the Investors to sell securities of the Company to the
        public
        without registration (“ Rule
        144 ”)
        the
        Company agrees to:
  (a)
        Make
        and keep public information available, as those terms are understood and
        defined
        in Rule 144;
  (b)
        file
        with the SEC in a timely manner all reports and other documents required
        of the
        Company under the Securities Act and the Exchange Act so long as the Company
        remains subject to such requirements (it being understood that nothing herein
        shall limit the Company’s obligations under Section 4(c) of the Securities
        Purchase Agreement) and the filing of such reports and other documents as
        are
        required by the applicable provisions of Rule 144; and
  (c)
        furnish to each Investor so long as such Investor owns Registrable Securities,
        promptly upon request, (i) a written statement by the Company that it has
        complied with the reporting requirements of Rule 144, the Securities Act
        and the
        Exchange Act, (ii) a copy of the most recent annual or quarterly report of
        the
        Company and such other reports and documents so filed by the Company, and
        (iii)
        such other information as may be reasonably requested to permit the Investors
        to
        sell such securities pursuant to Rule 144 without registration.
  9.
            AMENDMENT
                OF REGISTRATION RIGHTS; ASSIGNMENT OF REGISTRATION RIGHTS.  (a)
        Provisions of this Agreement may be amended and the observance thereof may
        be
        waived (either generally or in a particular instance and either retroactively
        or
        prospectively), only with the written consent of the Company and Investors
        who
        then hold at least two-thirds (2/3) of the Registrable Securities. Any amendment
        or waiver effected in accordance with this Section 9 shall be binding upon
        each
        Investor and the Company. No such amendment shall be effective to the extent
        that it applies to fewer than all of the holders of the Registrable Securities.
        No consideration shall be offered or paid to any Person to amend or consent
        to a
        waiver or modification of any provision of any of this Agreement unless the
        same
        consideration also is offered to all of the parties to this
        Agreement.
  (b)
        The
        rights under this Agreement shall be automatically assignable by an Investor
        to
        any transferee of all or any portion of such Investor’s Registrable Securities
        if: (i) the Investor agrees in writing with the transferee or assignee to
        assign
        such rights, and a copy of such agreement is furnished to the Company within
        a
        reasonable time after such assignment; (ii) the Company is, within a reasonable
        time after such transfer or assignment, furnished with written notice of
        (a) the
        name and address of such transferee or assignee, and (b) the securities with
        respect to which such registration rights are being transferred or assigned;
        (iii) immediately following such transfer or assignment the further disposition
        of such securities by the transferee or assignee is restricted under the
        Securities Act or applicable state securities laws; and (iv) at or before
        the
        time the Company receives the written notice contemplated by clause (ii)
        of this
        sentence the transferee or assignee agrees in writing with the Company to
        be
        bound by all of the provisions contained herein.
  10.
            MISCELLANEOUS.  (a)
        A
        Person is deemed to be a holder of Registrable Securities whenever such Person
        owns or is deemed to own of record such Registrable Securities. If the Company
        receives conflicting instructions, notices or elections from two (2) or more
        Persons with respect to the same Registrable Securities, the Company shall
        act
        upon the basis of instructions, notice or election received from the registered
        owner of such Registrable Securities.
  (b)
        Any
        notices, consents, waivers or other communications required or permitted
        to be
        given under the terms of this Agreement must be in writing and will be deemed
        to
        have been delivered: (i) upon receipt, when delivered personally; (ii) upon
        receipt, when sent by facsimile (provided confirmation of transmission is
        mechanically or electronically generated and kept on file by the sending
        party);
        or (iii) one (1) business day after deposit with a nationally recognized
        overnight delivery service, in each case properly addressed to the party
        to
        receive the same. The addresses and facsimile numbers for such communications
        shall be:
  If
                  to the Company, to:
              Uluru
                  Inc.4452
                  Beltway Drive
                Addison,
                  TX 75001Attention:
                  Kerry P. Gray
                Telephone:
                  (214) 668-0821With
                  a copy to:
              Bingham
                  McCutchen LLP150
                  Federal Street
                Boston,
                  MA 02110Attention:
                  John J. Concannon, Esq.
                Telephone:
                  (617) 951-8874
                Facsimile:
                  (617) 951-8736
  If
        to an
        Investor, to its address and facsimile number on the Schedule of Investors
        attached hereto, with copies to such Investor’s representatives as set forth on
        the Schedule of Investors or to such other address and/or facsimile number
        and/or to the attention of such other person as the recipient party has
        specified by written notice given to each other party five (5) days prior
        to the
        effectiveness of such change. Written confirmation of receipt (A) given by
        the
        recipient of such notice, consent, waiver or other communication, (B)
        mechanically or electronically generated by the sender’s facsimile machine
        containing the time, date, recipient facsimile number and an image of the
        first
        page of such transmission or (C) provided by a courier or overnight courier
        service shall be rebuttable evidence of personal service, receipt by facsimile
        or receipt from a nationally recognized overnight delivery service in accordance
        with clause (i), (ii) or (iii) above, respectively.
  (c)
        Failure of any party to exercise any right or remedy under this Agreement
        or
        otherwise, or delay by a party in exercising such right or remedy, shall
        not
        operate as a waiver thereof.
  (d)
        The
        parties hereto acknowledge that the transactions contemplated by this Agreement
        and the exhibits hereto bear a reasonable relation to the State of New York.
        The
        parties hereto agree that the internal laws of the State of New York shall
        govern this Agreement and the exhibits hereto, including, but not limited
        to,
        all issues related to usury. Any action to enforce the terms of this Agreement
        or any of its exhibits shall be brought exclusively in the state and/or federal
        courts situated in the County and State of New York. Each party hereby
        irrevocably waives personal service of process and consents to process being
        served in any such suit, action or proceeding by mailing a copy thereof to
        such
        party at the address for such notices to it under this Agreement and agrees
        that
        such service shall constitute good and sufficient service of process and
        notice
        thereof. Nothing contained herein shall be deemed to limit in any way any
        right
        to serve process in any manner permitted by law. If any provision of this
        Agreement shall be invalid or unenforceable in any jurisdiction, such invalidity
        or unenforceability shall not affect the validity or enforceability of the
        remainder of this Agreement in that jurisdiction or the validity or
        enforceability of any provision of this Agreement in any other jurisdiction.
        EACH PARTY HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT
        TO
        REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN
        CONISIECTION HEREWITH OR ARISING OUT OF THIS AGREEMENT OR ANY TRANSACTION
        CONTEMPLATED HEREBY.
  (e)
        This
        Agreement, the Irrevocable Transfer Agent Instructions, the Securities Purchase
        Agreement (including the amendment thereto) and related documents including
        the
        Amended and Restated Convertible Debentures, the Warrants, the Escrow Agreement
        by and among the Company, the Investors set forth on the Schedule of Investors
        attached hereto, and Gottbetter & Partners, LLP. (the “ Escrow
        Agreement ”),
        the
        Escrow Shares Escrow Agreement, the Security Agreement and any other documents
        executed in connection with the First Closing and/or Second Closing constitute
        the entire agreement among the parties hereto with respect to the subject
        matter
        hereof and thereof. There are no restrictions, promises, warranties or
        undertakings, other than those set forth or referred to herein and therein.
        This
        Agreement, the Irrevocable Transfer Agent Instructions, the Securities Purchase
        Agreement (including the amendment thereto) and related documents including
        the
        Amended and Restated Convertible Debenture, the Warrants, the Escrow Agreement,
        the Escrow Shares Escrow Agreement, the Security Agreement and any other
        documents executed in connection with the First Closing and/or Second Closing
        supersede all prior agreements and understandings among the parties hereto
        with
        respect to the subject matter hereof and thereof (including the Prior
        Registration Rights Agreement).
  (f)
        This
        Agreement shall inure to the benefit of and be binding upon the permitted
        successors and assigns of each of the parties hereto.
  (g)
        The
        headings in this Agreement are for convenience of reference only and shall
        not
        limit or otherwise affect the meaning hereof.
  (h)
        This
        Agreement may be executed in identical counterparts, each of which shall
        be
        deemed an original but all of which shall constitute one and the same agreement.
        This Agreement, once executed by a party, may be delivered to the other party
        hereto by facsimile transmission of a copy of this Agreement bearing the
        signature of the party so delivering this Agreement.
  (i)
        Each
        party shall do and perform, or cause to be done and performed, all such further
        acts and things, and shall execute and deliver all such other agreements,
        certificates, instruments and documents, as the other party may reasonably
        request in order to carry out the intent and accomplish the purposes of this
        Agreement and the consummation of the transactions contemplated
        hereby.
  The
        language used in this Agreement will be deemed to be the language chosen
        by the
        parties to express their mutual intent and no rules of strict
        construction **** will
        be
        applied against any party.
   (j)
        This
        Agreement is intended for the benefit of the parties hereto and their respective
        permitted successors and assigns, and is not for the benefit of, nor may
        any
        provision hereof be enforced by, any other Person.
   **[REMAINDER
        OF PAGE INTENTIONALLY LEFT BLANK]**
   
   **IN
        WITNESS WHEREOF,** the
        parties have caused this Investor Registration Rights Agreement to be duly
        executed as of day and year first above written.
   **COMPANY:**
  **Uluru,
        Inc. (f/k/a Oxford Ventures, Inc.)**
  By: /s/
        Kerry P. Gray
 Name: Kerry
        P. Gray
 Title: President
        & CEO
 
 **INVESTORS:**
 
 **Cornell
        Capital Partners, LP**
 By:
        Yorkville Advisors, LLC, its General Partner
 
 By: /s/
        Ed
        Schinik
 Name: Ed
        Schinik
 Title: Chief
        Financial Officer
  **Prenox,
        LLC**
 By:
        Prentice Capital
        Management, LP, its Manager
  By: /s/
        Matt Hoffman
 Name: Matt
        Hoffman
 Title: General
        Counsel
  
   **SCHEDULE
        I**
   **SCHEDULE
        OF INVESTORS**
   **Name**
              
              **Signature**
              
              **Address/Facsimile**
                **Number
                  of Investors**Cornell
                  Capital Partners, LP
              
              By:
                  Yorkville Advisors, its General Partner
                Name:
                  Mark Angelo
                Its:
                  Portfolio Manager
              
              101
                  Hudson Street,
                Suite
                  3700 Jersey City, NJ 07302
                Telephone:
                  (201) 985-8266With
                  a copy to:
              
              Troy
                  Rillo, Esq.
              
              101
                  Hudson Street,
                Suite
                  3700 Jersey City, NJ 07302
                Telephone:
                  (201) 985-8266Prenox,
                  LLC.
              
              By:
                  Prentice Capital Management LP, its Manager
                Name:
                  Mathew B. Hoffman
                Its:
                  General Counsel
              
              623
                  Fifth Avenue, 32ndFloor New York, NY 10022
                Telephone:
                  (212) 756-8051
                Facsimile:
                  (212) 756-1471
  
   
   **EXHIBIT
        A**
   **FORM
        OF NOTICE OF EFFECTIVENESS**
  **OF
        REGISTRATION STATEMENT**
   Attention:
  Re: **ULURU
        INC.**
  Ladies
        and Gentlemen:
  We
        are
        counsel to Uluru Inc., a Nevada corporation (the “ Company ”),
        and
        have represented the Company in connection with that certain Securities Purchase
        Agreement (the “ Securities
        Purchase Agreement ”)
        entered into by and among the Company and the investors named therein
        (collectively, the “ Investors ”)
        pursuant to which the Company issued to the Investors shares of its Common
        Stock, par value $0.00 1 per share (the “ Common
        Stock ”).
        Pursuant to the Purchase Agreement, the Company also has entered into a
        Registration Rights Agreement with the Investors (the “ Investor
        Registration Rights Agreement ”)
        pursuant to which the Company agreed, among other things, to register the
        Registrable Securities (as defined in the Registration Rights Agreement)
        under
        the Securities Act of 1933, as amended (the “Securities Act”). In connection
        with the Company’s obligations under the Registration Rights Agreement, on     , , the
        Company filed a Registration Statement on Form  _________
        (File No. 333-   )
        (the
“ Registration
        Statement ”)
        with
        the Securities and Exchange SEC (the “ SEC ”)
        relating to the Registrable Securities which names each of the Investors
        as a
        selling stockholder there under.
  In
        connection with the foregoing, we advise you that a member of the SEC’s staff
        has advised us by telephone that the SEC has entered an order declaring the
        Registration Statement effective under the Securities Act at **[ENTER** **TIME
        OF EFFECTIVENESS]** on **[ENTER
        DATE OF EFFECTIVENESS]** and we
        have no knowledge, after telephonic inquiry of a member of the SEC’s staff, that
        any stop order suspending its effectiveness has been issued or that any
        proceedings for that purpose are pending before, or threatened by, the SEC
        and
        the Registrable Securities are available for resale under the Securities
        Act
        pursuant to the Registration Statement.
   Very
        truly yours,
   **[Law
        Firm]**
   B y:
   cc: **[LIST
        NAMES OF INVESTORS]**