Document:

EXHIBIT
4.6

     

    THIS
WARRANT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE "ACT") NOR
UNDER ANY STATE SECURITIES LAW AND MAY NOT BE PLEDGED, SOLD, ASSIGNED OR
OTHERWISE TRANSFERRED UNTIL (1) A REGISTRATION STATEMENT UNDER THE ACT AND ANY
APPLICABLE STATE SECURITIES LAW HAS BECOME EFFECTIVE WITH RESPECT THERETO, OR
(2)RECEIPT BY THE COMPANY OF AN OPINION OF COUNSEL TO THE COMPANY TO THE EFFECT
THAT REGISTRATION UNDER THE ACT OR APPLICABLE STATE SECURITIES LAW IS NOT
REQUIRED IN CONNECTION WITH THE PROPOSED TRANSFER.

    

    Void
after 5:00 p.m. Central Standard Time, on ____________  ___,
20__

    Warrant
to Purchase ____________Shares of Common Stock.

    

    FORM OF
WARRANT TO PURCHASE COMMON STOCK

    OF

    SPECTRASCIENCE, INC.

    

    This is
to Certify That, FOR VALUE RECEIVED, _____________________("Holder") is entitled
to purchase, subject to the provisions of this Warrant, from SpectraScience,
Inc., a Minnesota corporation ("Company"), _______________fully paid, validly
issued and nonassessable shares of Common Stock, $0.01 par value per share, of
the Company ("Common Stock") at an initial price of $0.35 per share at any time
or from time to time during the period from the date hereof to 5:00 p.m. Central
Standard Time, on _____________ __, 20__. The number of shares of Common Stock
to be received upon the exercise of this Warrant and the price to be paid for
each share of Common Stock may be adjusted from time to time as hereinafter set
forth. The exercise price and the number of shares issuable upon exercise of the
Warrants will be proportionately adjusted for stock splits, stock dividends,
recapitalizations and similar transactions. The shares of Common Stock
deliverable upon such exercise, and as adjusted from time to time, are
hereinafter sometimes referred to as "Warrant Shares" and the exercise price of
a share of Common Stock in effect at any time and as adjusted from time to time
is hereinafter sometimes referred to as the "Exercise Price".

    

    
      	
               
      

            	
              (a)

            	
              EXERCISE
      OF WARRANT.

            

    

    

    (1)           This
Warrant may be exercised in whole or in part at any time or from time to time on
or after the date hereof and until 5:00 p.m. Central Standard Time on
___________ __, 20__; provided, however, that if either such day is a day on
which banking institutions in the State of California are authorized by law to
close, then on the next succeeding day which shall not be such a day. This
Warrant may be exercised by presentation and surrender hereof to the Company at
its principal office with the Purchase Form annexed hereto duly executed and
accompanied by payment of the Exercise Price for the number of Warrant Shares
specified in such form. The Exercise Price may be paid in cash or in Common
Stock of the Company (cashless exercise). As soon as practicable after each such
exercise of the warrants, but not later than seven (7) days from the date of
such exercise, the Company shall issue and deliver to the Holder a certificate
or certificate for the Warrant Shares issuable upon such exercise, registered in
the name of the Holder or its designee. If this Warrant should be exercised in
part only, the Company shall, upon surrender of this Warrant for cancellation,
execute and deliver a new Warrant evidencing the rights of the Holder thereof to
purchase the balance of the Warrant Shares purchasable thereunder. Upon receipt
by the Company of this Warrant at its office in proper form for exercise, the
Holder shall be deemed to be the holder of record of the shares of Common Stock
issuable upon such exercise, notwithstanding that the stock transfer books of
the Company shall then be closed or that certificates representing such shares
of Common Stock shall not then be physically delivered to the
Holder.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              (b)

            	
              RESERVATION
      OF SHARES. The Company shall at all times reserve for issuance and/or
      delivery upon exercise of this Warrant such number of shares of its Common
      Stock as shall be required for issuance and delivery upon exercise of the
      Warrants.

            

    

    

    
      	
               
      

            	
              (c)

            	
              FRACTIONAL
      SHARES. No fractional shares or scrip representing fractional shares shall
      be issued upon the exercise of this Warrant. With respect to any fraction
      of a share called for upon any exercise hereof, the Company shall pay to
      the Holder an amount in cash equal to such fraction multiplied by the
      current market value of a share, determined as
  follows:

            

    

    

    (1)           If
the Common Stock (or the common stock of the Company that would be exchanged or
admitted to unlisted trading privileges on such exchange or listed for trading
on the NASDAQ system, the current market value shall be the last reported sale
price of the Common Stock on such exchange or system on the last business day
prior to the date of exercise of this Warrant or if no such sale is made on such
day, the average closing bid and asked prices for such day on such exchange or
system; or

    

    (2)           
If the Common Stock is not so listed or admitted to unlisted trading privileges,
the current market value shall be the mean of the last reported bid and asked
prices reported by the National Quotation Bureau, Inc. on the last business day
prior to the date of the exercise of this Warrant; or

    

    (3)           
If the Common Stock is not so listed or admitted to unlisted trading privileges
and bid and asked prices are not so reported, the current market value shall be
an amount, not less than the book value thereof as at the end of the most recent
fiscal year of the Company ending prior to the date of the exercise of the
Warrant, determined in such reasonable manner as may be prescribed by the Board
of Directors of the Company.

    

    
      	
               
      

            	
              (d)

            	
              EXCHANGE,
      TRANSFER, ASSIGNMENT OR LOSS OF WARRANT. This Warrant is exchangeable,
      without expense, at the option of the Holder, upon presentation and
      surrender hereof to the Company for other warrants of different
      denominations entitling the holder thereof to purchase in the aggregate
      the same number of shares of Common Stock purchasable hereunder. Upon
      surrender of this Warrant to the Company at its principal office with the
      Assignment Form annexed hereto duly executed and funds sufficient to pay
      any transfer tax, the Company shall, without charge, execute and deliver a
      new Warrant in the name of the assignee named in such instrument of
      assignment and this Warrant shall promptly be cancelled. This Warrant may
      be divided or combined with other warrants which carry the same rights
      upon presentation hereof at the principal office of the Company together
      with a written notice specifying the names and denominations in which new
      Warrants are to be issued and signed by the Holder hereof. The term
      "Warrant" as used herein includes any Warrants into which this Warrant may
      be divided or exchanged. Upon receipt by the Company of evidence
      satisfactory to it of the loss, theft, destruction or mutilation of this
      Warrant, and (in the case of loss, theft or destruction) of reasonably
      satisfactory indemnification, and upon surrender and cancellation of this
      Warrant, if mutilated, the Company will execute and deliver a new Warrant
      of like tenor and date. Any such new Warrant executed and delivered shall
      constitute an additional contractual obligation on the part of the
      Company, whether or not this Warrant so lost, stolen, destroyed, or
      mutilated shall be at any time enforceable by
  anyone.

            

    

    

    
      	
               
      

            	
              (e)

            	
              RIGHTS
      OF THE HOLDER. The Holder shall not, by virtue hereof, be entitled to any
      rights of a shareholder in the Company, either at law or equity, and the
      rights of the Holder are limited to those expressed in the Warrant and are
      not enforceable against the Company except to the extent set forth
      herein.

            

    

    

    
      	
               
      

            	
              (f)

            	
              ANTI-DILUTION
      PROVISIONS. The Exercise Price in effect at any time and the number and
      kind of securities purchasable upon the exercise of the Warrants shall be
      subject to adjustment from time to time upon the happening of certain
      events as follows:

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              (1)

            	
              In
      case the Company shall (i) declare a dividend or make a distribution on
      its outstanding shares of Common Stock in shares of Common Stock, (ii)
      subdivide or reclassify its outstanding shares of Common Stock into a
      greater number of shares, or (iii) combine or reclassify its outstanding
      shares of Common Stock into a smaller number of shares, the Exercise Price
      in effect at the time of the record date for such dividend or distribution
      or of the effective date of such subdivision, combination or
      reclassification shall be adjusted so that the Exercise Price shall be
      proportionately increased (as in the case of (iii), above) or decreased
      (as in the case of (i) or (ii), above). Such adjustment shall be made
      successively whenever any event listed above shall
  occur.

            

    

    

    
      	
               
      

            	
              (2)

            	
              Whenever
      the Exercise Price payable upon exercise of each Warrant is adjusted
      pursuant to Subsections (1) above, the number of Shares purchasable upon
      exercise of this Warrant shall simultaneously be adjusted by multiplying
      the number of Shares initially issuable upon exercise of this Warrant by
      the Exercise Price in effect on the date hereof and dividing the product
      so obtained by the Exercise Price, as
adjusted.

            

    

    

    
      	
               
      

            	
              (3)

            	
              No
      adjustment in the Exercise Price shall be required unless such adjustment
      would require an increase or decrease of at least two cents ($0.02) in
      such price; provided, however, that any adjustments which by reason of
      this Subsection (5) are not required to be made shall be carried forward
      and taken into account in and subsequent adjustment required to be made
      hereunder. All calculations under this Section (f) shall be made to the
      nearest cent or to the nearest one-hundredth of a share, as the case may
      be. Anything in this Section (f) to the contrary notwithstanding, the
      Company shall be entitled, but shall not be required, to make such changes
      in the Exercise Price, in addition to those required by this Section (f),
      as it shall determine, in its sole discretion, to be advisable in order
      that any dividend or distribution in shares of Common Stock, or any
      subdivision, reclassification or combination of Common Stock, hereafter
      made by the Company shall not result in any Federal income tax liability
      to the holders of Common Stock or securities convertible into Common or
      Common Stock (including Warrants).

            

    

    

    
      	
               
      

            	
              (4)

            	
              Whenever
      the Exercise Price is adjusted, as herein provided, the Company shall
      promptly but no later than 20 days after any request for such an
      adjustment by the Holder, cause a notice setting forth the adjusted
      Exercise Price and adjusted number of Shares issuable upon exercise of
      each Warrant, and, if requested, information describing the transactions
      giving rise to such adjustments, to be mailed to the Holder at his last
      address appearing in the Warrant Register, and shall cause a certified
      copy thereof to be mailed to its transfer agent, if any. The Company may
      retain a firm of independent certified public accountants selected by the
      Board of Directors (who may be the regular accountants employed by the
      Company) to make any computation required by this Section (t), and a
      certificate signed by such firm shall be conclusive evidence of the
      correctness of such adjustment.

            

    

     

    
      	
               
      

            	
              (5)

            	
              In
      the event that at any time, as a result of an adjustment made pursuant to
      Subsection (1) above, the Holder of this Warrant thereafter shall become
      entitled to receive any shares of the Company, other than Common Stock,
      thereafter the number of such other shares so receivable upon exercise of
      this Warrant shall be subject to adjustment from time to time in a manner
      and on terms as nearly equivalent as practicable to the provisions with
      respect to the Common Stock contained in Subsections (1) to (4), inclusive
      above.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              (6)

            	
              Irrespective
      of any adjustments in the Exercise Price or the number or kind of shares
      purchasable upon exercise of this Warrant, Warrants theretofore or
      thereafter issued may continue to express the same price and number and
      kind of shares as are stated in the similar Warrants initially issuable
      pursuant to this Agreement.

            

    

    

    
      	
               
      

            	
              (g)

            	
              OFFICER'S
      CERTIFICATE. Whenever the Exercise Price shall be adjusted as required by
      the provisions of the foregoing Section, the Company shall forthwith file
      in the custody of its Secretary or an Assistant Secretary at its principal
      office an officer's certificate showing the adjusted Exercise Price
      determined as herein provided, setting forth in reasonable detail the
      facts requiring such adjustment, including a statement of the number of
      additional shares of Common Stock, if any, and such other facts as shall
      be necessary to show the reason for and the manner of computing such
      adjustment. Each such officer's certificate shall be made available at all
      reasonable times for inspection by the Holder or any holder of a Warrant
      executed and delivered pursuant to Section (a) and the Company shall,
      forthwith after each such adjustment, mail a copy by certified mail of
      such certificate to the Holder or any such
  holder.

            

    

    

    
      	
               
      

            	
              (h)

            	
              NOTICES
      TO WARRANT HOLDERS. So long as this Warrant shall be outstanding, (i) if
      the Company shall pay any dividend or make any distribution upon the
      Common Stock  or (ii) if the Company shall offer to the holders
      of Common Stock for subscription or purchase by them any share of any
      class or any other rights or (iii) if any capital reorganization of the
      Company, reclassification of the capital stock of the Company,
      consolidation or merger of the Company with or into another corporation,
      sale, lease or transfer of all or substantially all of the property and
      assets of the Company to another corporation, or voluntary or involuntary
      dissolution, liquidation or winding up of the Company shall be effected,
      then in any such case, the Company shall cause to be mailed by certified
      mail to the Holder, at least fifteen days prior to the date specified in
      (x) or (y) below, as the case may be, a notice containing a brief
      description of the proposed action and stating the date on which (x) a
      record is to be taken for the purpose of such dividend, distribution or
      rights, or (y) such reclassification, reorganization, consolidation,
      merger, conveyance, lease, dissolution, liquidation or winding up is to
      take place and the date, if any is to be fixed, as of which the holders of
      Common Stock or other securities shall receive cash or other property
      deliverable upon such reclassification, reorganization, consolidation,
      merger, conveyance, dissolution, liquidation or winding
  up.

            

    

    

    
      	
               
      

            	
              (i)

            	
              RECLASSIFICATION,
      REORGANIZATION OR MERGER. In case of any reclassification,
      capital reorganization or other change of outstanding shares of Common
      Stock of the Company, or in case of any consolidation or merger of the
      Company with or into another corporation (other than a merger with a
      subsidiary in which merger the Company is the continuing corporation and
      which does not result in any reclassification, capital reorganization or
      other change of outstanding shares of Common Stock of the class issuable
      upon exercise of this Warrant) or in case of any sale, lease or conveyance
      to another corporation of the property of the Company as an entirety, the
      Company shall, as a condition precedent to such transaction, cause
      effective provisions to be made so that the Holder shall have the right
      thereafter by exercising this Warrant at any time prior to the expiration
      of the Warrant, to purchase the kind and amount of shares of stock and
      other securities and property receivable upon such reclassification,
      capital reorganization and other change, consolidation, merger, sale or
      conveyance by a holder of the number of shares of Common Stock which might
      have been purchased upon exercise of this Warrant immediately prior to
      such reclassification, change, consolidation, merger, sale or conveyance.
      Any such provision shall include provision for adjustments which shall be
      as nearly equivalent as may be practicable to the adjustments provided for
      in this Warrant. The foregoing provisions of this Section (i) shall
      similarly apply to successive reclassifications, capital reorganizations
      and changes of shares of Common Stock and to successive consolidations,
      mergers, sales or conveyances. In the event that in connection with any
      such capital reorganization or reclassification, consolidation, merger,
      sale or conveyance, additional shares of Common Stock shall be issued in
      exchange, conversion, substitution or payment, in whole or in part, for a
      security of the Company other than Common Stock, any such issue shall be
      treated as an issue of Common Stock covered by the provisions of
      Subsection (1) of Section (f)
hereof.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              (k)

            	
              RESTRICTIVE
      LEGEND. Each Warrant Share, when issued, shall include a legend in
      substantially the following form:

            

    

     

    
      	
               
      

            	
              THESE
      SHARES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE
      "ACT") NOR UNDER ANY STATE SECURITIES LAW AND MAY NOT BE PLEDGED, SOLD,
      ASSIGNED OR OTHERWISE TRANSFERRED UNTIL A (1) REGISTRATION STATEMENT UNDER
      THE ACT AND ANY APPLICABLE STATE SECURITIES LAW HAS BECOME EFFECTIVE WITH
      RESPECT THERETO, OR (2) RECEIPT BY THE COMPANY OF AN OPINION OF COUNSEL TO
      THE COMPANY TO THE EFFECT THAT REGISTRATION UNDER THE ACT OR APPLICABLE
      STATE SECURITIES LAW IS NOT REQUIRED IN CONNECTION WITH THE PROPOSED
      TRANSFER.

            

    

    

    The Company will not, by amendment of
its charter or through reorganization, consolidation, merger, dissolution, sale
of assets or any other voluntary action, avoid or seek to avoid the observance
or performance of any of the terms of this Warrant, but will at all times in
good faith assist in the carrying out of all such terms and in the taking of all
such action as may be necessary or appropriate in order to protect the rights of
the Holder of this Warrant against impairment.

    

    Dated:  ____________  __,
2009

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	 
      	
              SPECTRASCIENCE,
      INC.

            
	 
      	 
      
	
              Attest:

            	 
      
	 
      	
              By:

            
	
              James
      Hitchin

            	
              James
      Hitchin

            
	
              Title:
      Chairman and CEO

            	
              Title:  Secretary

            

    

    

    PURCHASE
FORM

    

    Dated  _____________
20__

    

    The
undersigned hereby irrevocably elects to exercise the within Warrant to the
extent of Purchasing ________ shares of Common Stock and hereby makes payment of
______________ in payment of the actual exercise price thereof.

    

    ___________________

    

    INSTRUCTIONS FOR
REGISTRATION OF STOCK

    

    Name
___________________________________________________________________________

    

    (Please
typewrite or print in block letters)

    

    Address
___________________________________________________________________________

    

    Signature
__________________________________________________________________________

    

    ________________________

    

    ASSIGNMENT
FORM

    

    FOR VALUE
RECEIVED, _____________________________________ hereby sells, assigns and
transfers unto

    

    Name
_____________________________________________________________________________

    

    (Please
typewrite or print in block letters)

    

    Address
___________________________________________________________________________

    the right
to purchase Common Stock represented by this Warrant to the extent of _________
shares as to which such right is exercisable and does hereby irrevocably
constitute and appoint ______________ Attorney, to transfer the same on the
books of the Company with full power of substitution in the
premises.

     

    Date
_________, 20___

    

    Signature
_______________________EXHIBIT
10.5

    SPECTRASCIENCE,
INC.

     

    Maximum
of 25,000,000 Shares ($5,000,000)

     

    SELECTED
DEALERS AGREEMENT

     

    As of
July 2, 2009

     

    Dear
Sirs:

     

    SpectraScience,
Inc. (the “Company”)
is offering for sale the shares of common stock (the “Shares”) and warrants to
purchase common stock (the “Warrants”, together with the Shares, the “Units”)
pursuant to the Company’s Confidential Private Placement Memorandum dated May 8,
2009 (the “Memorandum”)
on a no minimum and 25,000,000 Shares ($5,000,000) maximum (the “Maximum
Amount”) basis (the “Offering”).
Each $25,000 Unit offered will consist of 125,000 Series B Preferred Shares
paying 8% annual interest and 62,500 Warrants as described in the Memorandum.
The Company has the right to accept or reject subscriptions in whole or in part
for any reason or no reason at all.

     

    1.           The
Units are to be offered by the Company for an initial Offering period commencing
on the date of the Memorandum and ending on December 31, 2009, subject to the
right of the Company to extend the Offering one or more times to a date not
later than December 31, 2009 solely to “accredited investors” as defined in
Regulation D promulgated by the United States Securities and Exchange Commission
(the “SEC”)
under the Securities Act of 1933, as amended (the “1933
Act”). All purchasers of the Units shall purchase a minimum of $25,000
(125,000 Shares and 62,500 Warrants), unless otherwise agreed upon by the
Company.

     

    2.           The
Company is offering, subject to the teaks and conditions hereof, a portion of
the Units for sale by certain dealers which are members of the Financial
Industry Regulatory Authority (the “FINRA”)
and who agree to comply with the provisions of the FINRA Conduct Rules, and
which are registered as broker dealers under the federal and state securities
laws, and to foreign dealers or institutions ineligible for membership in said
Association which agree to comply, as though such foreign dealer or institution
were a member of such Association, with the FINRA’s Conduct Rules (such dealers
and institutions so agreeing being hereinafter referred to as “Selected
Dealers”).

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    3.           All
Selected Dealers will be paid on all Units sold by them, a commission of 10% and
a non-allocable expense reimbursement equal to 2% of the total sales price.
Additionally all Selected Dealers will receive Warrants on all Shares sold
equivalent to 0.1 Warrant for each Share sold.

     

    4.           The
Selected Dealer shall arrange for the purchase of the Units for its customers
only through the Company and all such purchases shall be made only upon orders
already received by the Selected Dealer from its customers.

     

    5.           The
Selected Dealer shall promptly transmit to the Company no later than 12 noon of
the day subsequent to the receipt of funds received from subscribers all of such
funds and a record of each sale which shall set forth the name, address and
social security number of each individual subscriber, the number of Units
purchased, and, if there is more than one registered owner, whether the
certificate or certificates evidencing the securities comprising the Shares
purchased are to be issued to the subscriber in joint tenancy or otherwise.
Simultaneously, a copy of the completed subscription agreement shall be
delivered to the Company. Also, each Selected Dealer shall report, in writing,
to the Company the number of persons in each such state who purchase the Units
from Selected Dealers. Each sale may be rejected by the Company, and if
rejected, the Company will return funds to the rejected subscriber.

     

    6.           All
checks and other orders for the payment of money shall be made payable to the
Company for deposit into its account. All subscribers’ checks are to be made
payable to SpectraScience, Inc.

     

    7.           The
proceeds from the sale of all of the Shares sold in the Offering (the “Offering
Proceeds”) will be deposited in the Company’s account. In the event that
the subscription is rejected by the Company, the full amount paid by the
rejected subscriber will be refunded to the subscriber without interest or
deduction. All amounts received from accepted subscriptions will be delivered to
the Company. No commissions will be paid by the Company unless and until the
subscription amount has cleared the banking system and such funds have been
released and delivered to the Company.

     

    8.           Your
application should reach us promptly by telephone or facsimile at our office. We
reserve the right to reject all subscriptions in whole or in part, to make
allotments and to terminate the Offering at any time without notice. The Units
sold will be confirmed, subject to the terms and conditions of this Selected
Dealers Agreement (the “Agreement”).

     

    9.           The
privilege of offering the Units is extended to you by the Company only if the
Units may lawfully be offered in your state by you.

     

    10.           The
Company shall make all necessary Blue Sky or other required filings in a timely
manner when requested by a Select Dealer. The Company may, at its sole
discretion, elect to not file a Blue Sky or other required documents, provided
that the Company shall inform the requesting Select Dealer of such election in a
timely manner.

     

    11.           Neither
you nor any other person is or has been authorized to give any information or to
make any representations in connection with the sale of Units other than as
contained in the Memorandum.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    12.           This
Agreement will terminate upon the earlier (a) the latest date to which the
offering period may be extended (December 31, 2009) (b) the date on which the
Maximum Amount of Units are sold, (c) when the Offering has otherwise been
terminated upon written notice from the Company.

     

    13.           On
becoming a Selected Dealer in the Offering, you agree to comply with all
applicable requirements of the 1933 Act, the Securities Exchange Act of 1934, as
amended (the “1934
Act”) and all applicable rules and regulations of the FINRA and any state
securities commission.

     

    14.           Upon
request, you will be informed as to the jurisdictions in which we have been
advised that the Units have been qualified for sale or are exempt from such
registration or qualification under the respective securities or blue sky laws
of such jurisdictions, but we assume no obligation or responsibility as to the
right of any Selected Dealer to offer or sell the Units in any jurisdiction or
as to any sale therein, for the failure of the Select Dealer to be properly
registered as a broker dealer.

     

    15.           Additional
copies of the Memorandum will be supplied to you in reasonable quantities upon
request.

     

    16.           No
Selected Dealer is authorized to act as our agent or to make any representation
as to the existence of an agency relationship or otherwise to act on our behalf
in offering or selling the Units.

     

    17.           We
shall not be under any liability for or in respect of the value, validity or
form of the certificates for any securities sold in the Offering, or delivery of
the certificates for any securities sold in the Offering, or the performance by
anyone of any agreement on his or its part, or the qualification of any
securities sold in the Offering under the laws of any jurisdiction, or for or in
respect of any matter connected with this Agreement, except for lack of good
faith and for obligations expressly assumed by us in writing this Agreement. The
foregoing provisions shall be deemed a waiver of any liability imposed under the
1933 Act.

     

    18.           Notice
to us should be addressed to us at our office, as follows, SpectraScience, Inc.,
11568-11 Sorrento Valley Road, San Diego, CA 92121, Attention: Jim Hitchin, fax
858-847-0880. Notices to you shall be deemed to have been duly given if
telefaxed or mailed to you at the address to which this letter is
addressed.

     

    19.           This
Agreement shall be governed by and construed in accordance with the internal
laws of the State of New York without regard to the conflicts of laws principles
thereof. The parties hereto hereby irrevocably agree that any suit or proceeding
arising directly and/or indirectly pursuant to or under this Agreement shall be
brought solely in a federal or state court located in the City, County and State
of New York. By its execution hereof, the parties hereby covenant and
irrevocably submit to the in
personam jurisdiction of the federal and state courts located in the
City, County and State of New York and agree that any process in any such action
may be served upon any of them personally, or by certified mail or registered
mail upon them or their agent, return receipt requested, with the same full
force and effect as if personally served upon them in New York City. The parties
hereto waive any claim that any such jurisdiction is not a convenient forum for
any such suit or proceeding and any defense or lack of in personam jurisdiction with
respect thereto. In the event of any such action or proceeding, the party
prevailing therein shall be entitled to payment from the other party hereto of
its reasonable counsel fees and disbursements in an amount judicially
determined.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    20.           If
you desire to act as a Selected Dealer, please confirm your application by
signing and returning to us your confirmation on the duplicate copy of the
Selected Dealer Letter enclosed herewith, even though you may have previously
advised us thereof by telephone, letter or telegraph. Our signature hereon may
be by facsimile.

     

    
      
        	 
      	
                Very
      truly yours,

              
	 
      	 
      
	 
      	
                SPECTRASCIENCE,
      INC.

              
	 
      	 
      
	 
      	
                By:/s/ Jim Hitchin

              
	 
      	
                An
      Authorized Officer

              

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      

      SELECTED DEALER
LETTER

       

      SpectraScience,
Inc.

      11568-11
Sorrento Valley Road

      San
Diego, CA 92121

      Attention:
Jim Hitchin

      

      We hereby
request to become a Selected Dealer in the offering of the Units of
SpectraScience, Inc. in accordance with the terms and conditions stated in the
foregoing Selected Dealers Agreement and this Selected Dealer Letter. We hereby
acknowledge receipt of the Memorandum referred to in the Selected Dealers
Agreement and Selected Dealer Letter. We further state that in seeking
purchasers for said Units we will rely solely upon said Memorandum and upon no
other statement whatsoever, whether written or oral. We confirm that we are a
dealer actually engaged in the investment banking or securities business and
that we are either (i) a member in good standing of the Financial Industry
Regulatory Authority (“FINRA”);
or (ii) a dealer with its principal place of business located outside the United
States, its territories and its possessions and not registered as a broker or
dealer under the Securities Exchange Act of 1934, as amended, who hereby agrees
not to make any sales within the United States, its territories or its
possessions or to persons who are nationals thereof or residents therein. As a
member of the FINRA, we hereby agree to comply with all of the provisions of
FINRA Conduct Rules. If we are a foreign Selected Dealer, we agree to comply
with the provisions of the FINRA Conduct Rules, and if we are a foreign dealer
and not a member of the FINRA, we agree to comply with the FINRA’s
interpretation with respect to free-riding and withholding, and agree to comply,
as though we were a member of the FINRA, with provisions of Rule 2750 of the
NASD Conduct Rules, and to comply with Rule 2420 of the NASD Conduct Rules as
that Rule applies to non-member foreign dealers.

       

      
        
          
            
              	 	
                      Firm:

                    	
                      Felix Investments

                    
	 	 
      	 
      
	 	
                      By:

                    	/s/
      Mario Sceusa  
	 	 
      	
                      Name: Mario
      Sceusa

                    
	 	 
      	
                      Title:   President

                    
	 	 
      	 
      
	 	
                      Address:

                    	
                      17 State Street

                    
	 	 
      	 
      
	 	
                      NY, NY 10004

                    
	 	 
      	 
      
	 	
                      Telephone No: 

                    	
                      646-597-4300

                    

            

          

        

      

       

      Dated:
July 2, 2009

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