Document:

aafina8kex103_112108.htm

     

    
      

      

    

     

    Exhibit 10.1

    

       

       

        
          

        

      

       

    

    
      

       

      AGREEMENT
OF MERGER AND

       

       

      PLAN OF
REORGANIZATION

       

      among

       

      ACROSS
AMERICA FINANCIAL SERVICES, INC.

       

      ACROSS
AMERICA ACQUISITION CORP. and

       

      APRO BIO
PHARMACEUTICAL CORPORATION

       

      NOVEMBER
17, 2008

    

     

     

      
        

      

    

     

    
      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        TABLE OF
CONTENTS

         

      

      
 

      
        	 
      	 
      	
                Page

              
	 
      	 
      	 
      
	
                1.

              	
                The
      Merger

              	
                1

              
	
                1.1

              	
                Merger

              	
                1

              
	
                1.2

              	
                Effective
      Time

              	
                2

              
	
                1.3

              	
                Articles
      of Incorporation, By-laws, Directors and Officers.

              	
                2

              
	
                1.4

              	
                Assets
      and Liabilities

              	
                2

              
	
                1.5

              	
                Manner
      and Basis of Converting Shares.

              	
                3

              
	
                1.6

              	
                Surrender
      and Exchange of Certificates

              	
                3

              
	
                1.7

              	
                Warrants.

              	
                4

              
	
                1.8

              	
                Parent
      Common Stock

              	
                4

              
	
                2.

              	
                Representations
      and Warranties of the Company

              	
                4

              
	
                2.1

              	
                Organization,
      Standing, Subsidiaries, Etc.

              	
                5

              
	
                2.2

              	
                Qualification

              	
                5

              
	
                2.3

              	
                Capitalization
      of the Company

              	
                5

              
	
                2.4

              	
                Company
      Stockholders

              	
                5

              
	
                2.5

              	
                Corporate
      Acts and Proceedings

              	
                5

              
	
                2.6

              	
                Compliance
      with Laws and Instruments

              	
                6

              
	
                2.7

              	
                Binding
      Obligations

              	
                6

              
	
                2.8

              	
                Broker’s
      and Finder’s Fees

              	
                6

              
	
                2.9

              	
                Financial
      Statements

              	
                6

              
	
                2.10

              	
                Absence
      of Undisclosed Liabilities

              	
                6

              
	
                2.11

              	
                Changes/Indebtedness

              	
                7

              
	
                2.12

              	
                Employee
      Benefit Plans; ERISA

              	
                7

              
	
                2.13

              	
                Title
      to Property and Encumbrances

              	
                7

              
	
                2.14

              	
                Litigation

              	
                8

              
	
                2.15

              	
                Patents,
      Trademarks, Etc.

              	
                8

              
	
                2.16

              	
                Disclosure.

              	
                8

              
	
                3.

              	
                Representations
      and Warranties of Parent and Acquisition Corp.

              	
                8

              
	
                3.1

              	
                Organization
      and Standing

              	
                8

              
	
                3.2

              	
                Corporate
      Authority

              	
                9

              
	
                3.3

              	
                Broker’s
      and Finder’s Fees

              	
                9

              
	
                3.4

              	
                Capitalization
      of Parent

              	
                9

              
	
                3.5

              	
                Acquisition
      Corp.

              	
                9

              
	
                3.6

              	
                Validity
      of Shares

              	
                9

              
	
                3.7

              	
                SEC
      Reporting and Compliance

              	
                10

              
	
                3.8

              	
                Financial
      Statements

              	
                10

              
	
                3.9

              	
                Governmental
      Consents

              	
                11

              
	
                3.10

              	
                Compliance
      with Laws and Instruments

              	
                11

              
	
                3.11

              	
                No
      General Solicitation

              	
                11

              
	
                3.12

              	
                Binding
      Obligations

              	
                11

              
	
                3.13

              	
                Absence
      of Undisclosed Liabilities

              	
                11

              
	
                3.14

              	
                Changes

              	
                11

              

      

       

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

       

      
        	
                3.15

              	
                Tax
      Returns and Audits

              	
                12

              
	
                3.16

              	
                Employee
      Benefit Plans; ERISA

              	
                13

              
	
                3.17

              	
                Litigation

              	
                13

              
	
                4.

              	
                Additional
      Representations, Warranties and Covenants of the
    Stockholders

              	
                13

              
	
                5.

              	
                Conduct
      of Businesses Pending the Merger.

              	
                13

              
	
                5.1

              	
                Conduct
      of Business by the Company Pending the Merger

              	
                13

              
	
                5.2

              	
                Conduct
      of Business by Parent and Acquisition Corp. Pending the
    Merger

              	
                14

              
	
                6.

              	
                Additional
      Agreements.

              	
                15

              
	
                6.1

              	
                Access
      and Information

              	
                15

              
	
                6.2

              	
                Additional
      Agreements

              	
                16

              
	
                6.3

              	
                Publicity

              	
                16

              
	
                6.4

              	
                Appointment
      of Directors

              	
                16

              
	
                6.5

              	
                Parent
      Name Change and Exchange Listing

              	
                17

              
	
                6.6

              	
                Reserved

              	
                17

              
	
                6.7

              	
                Reserved

              	
                17

              
	
                6.8

              	
                Private
      Offering

              	
                17

              
	
                7.

              	
                Conditions
      of Parties’ Obligations.

              	
                17

              
	
                7.1

              	
                Company
      Obligations

              	
                17

              
	
                7.2

              	
                Parent
      and Acquisition Corp. Obligations

              	
                18

              
	
                8.

              	
                Non-Survival
      of Representations and Warranties

              	
                20

              
	
                9.

              	
                Amendment
      of Agreement

              	
                20

              
	
                10.

              	
                Definitions

              	
                21

              
	
                11.

              	
                Closing

              	
                25

              
	
                12.

              	
                Termination
      Prior to Closing.

              	
                25

              
	
                12.1

              	
                Termination
      of Agreement

              	
                25

              
	
                12.2

              	
                Termination
      of Obligations

              	
                26

              
	
                13.

              	
                Miscellaneous.

              	
                26

              
	
                13.1

              	
                Notices

              	
                26

              
	
                13.2

              	
                Entire
      Agreement

              	
                27

              
	
                13.3

              	
                Expenses

              	
                27

              
	
                13.4

              	
                Time

              	
                27

              
	
                13.5

              	
                Severability

              	
                27

              
	
                13.6

              	
                Successors
      and Assigns

              	
                27

              
	
                13.7

              	
                No
      Third Parties Benefited

              	
                27

              
	
                13.8

              	
                Counterparts

              	
                28

              
	
                13.9

              	
                Governing
      Law

              	
                28

              

      

       

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

       

      
        	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                LIST
      OF EXHIBITS AND SCHEDULES

                 

              	 
      
	 
      	
                Exhibits

              	 
      
	
                A

              	
                Statement
      of Merger

              	 
      
	
                B

              	
                Articles
      of Incorporation of the Company

              	 
      
	
                C

              	
                By-laws
      of the Company

              	 
      
	
                D

              	
                Directors
      and Officers of the Surviving Corporation

              	 
      
	
                E

              	
                Subscription
      and Lock Up agreement

              	 
      
	
                F

              	
                Indemnification
      Agreement of Parent Director

              	 
      
	 
      	 
      	 
      
	 
      	
                Company
      Disclosure Schedules

                 

              	 
      
	
                1.5

              	
                Holders
      of Parent Common Stock Post-Merger

              	 
      
	
                1.7
      (a)(i)

              	
                Treatment
      of Company Warrants

              	 
      
	
                2.4

              	
                Company
      Stockholders

              	 
      
	
                2.9

              	
                Financial
      Statements

              	 
      
	
                2.10

              	
                Undisclosed
      Liabilities

              	 
      
	
                2.11

              	
                Changes/Indebtedness

              	 
      
	
                2.12

              	
                Schedule
      of Employee Benefit Plans

              	 
      
	
                2.13

              	
                Title
      to Properties and Encumbrances

              	 
      
	
                2.14

              	
                Litigation

              	 
      
	
                2.15

              	
                Patents,
      Trademarks, Etc.

              	 
      
	 
      	 
      	 
      
	 
      	
                Parent
      Disclosure Schedules

                 

              	 
      
	
                3.1

              	
                Subsidiaries

              	 
      
	
                3.21

              	
                Schedule
      of Parent Bank Accounts

              	 
      

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

         

         

        AGREEMENT OF MERGER AND PLAN
OF REORGANIZATION

        
           

          THIS
AGREEMENT OF MERGER AND PLAN OF REORGANIZATION is made and entered into on
NOVEMBER 17, 2008, by and among ACROSS AMERICA FINANCIAL SERVICES, INC., a
Colorado corporation (“Parent”), ACROSS
AMERICA ACQUISITION CORP., a Colorado corporation (“Acquisition Corp.”),
which is a wholly-owned subsidiary of Parent, and APRO BIO PHARMACEUTICAL
CORPORATION, a Colorado corporation (the “Company”).

           

           

          W I T N E S S E T H
:

           

          WHEREAS,
the Board of Directors of each of Acquisition Corp., Parent and the Company have
each determined that it is fair to and in the best interests of their respective
corporations and shareholders for Acquisition Corp. to be merged with and into
the Company (the “Merger”) upon the
terms and subject to the conditions set forth herein;

           

          WHEREAS,
the Board of Directors of Acquisition Corp. and the Board of Directors of the
Company have approved the Merger in accordance with the Colorado Business
Corporation Act (the “BCA”), and upon the
terms and subject to the conditions set forth herein and in the Statement of
Merger (the “Statement
of Merger”) attached as Exhibit A hereto; and
the Board of Directors of Parent has also approved this Agreement and the
Statement of Merger;

           

          WHEREAS,
the requisite Stockholders have approved, by written consent pursuant to the
BCA, this Agreement and the Statement of Merger and the transactions
contemplated hereby and thereby, including without limitation, the Merger, and
Parent, as the sole stockholder of Acquisition Corp., has approved this
Agreement, the Statement of Merger and the transactions contemplated and
described hereby and thereby, including without limitation, the Merger;
and

           

          WHEREAS,
immediately following the Closing (as such term is defined herein), Parent (as
it will exist as of the closing of the Merger) will sell shares of its common
stock, par value $.001 per share, in a private offering (the “Private Offering”) to
accredited investors, pursuant to the terms of Subscription Agreements for the
purpose of financing the ongoing business and operations of the Surviving
Corporation (as defined below) following the Merger.

           

          NOW,
THEREFORE, in consideration of the mutual agreements and covenants hereinafter
set forth, the parties hereto agree as follows:

           

          1.           The
Merger.

           

          1.1                      Merger

           

          .  Subject
to the terms and conditions of this Agreement and the Statement of Merger,
Acquisition Corp. shall be merged with and into the Company in accordance with
the BCA.  At the Effective Time (as hereinafter defined), the separate
legal existence of Acquisition Corp. shall cease, and the Company shall be the
surviving corporation in the Merger (sometimes hereinafter referred to as the
“Surviving
Corporation”) and shall continue its corporate existence under the laws
of the State of Colorado under the name Aztech Bioscience, Inc., or some
derivation thereof.

           

          
            
               

            

            
              - 1
-

              
                

              

            

            
               

            

          

           

           

          1.2                      Effective
Time

           

          .  The
Merger shall become effective on the date and at the time the Statement of
Merger is filed with the Secretary of State of the State of Colorado in
accordance with the BCA.  The time at which the Merger shall become
effective as aforesaid is referred to hereinafter as the “Effective
Time.”

           

          1.3                      Articles of Incorporation,
By-laws, Directors and Officers.

           

          (a)           The
Articles of Incorporation of the Company, as in effect immediately prior to the
Effective Time, attached as Exhibit B hereto,
shall be the Articles of Incorporation of the Surviving Corporation from and
after the Effective Time until further amended in accordance with applicable
law.

           

          (b)           The
By-laws of the Company, as in effect immediately prior to the Effective Time,
attached as Exhibit
C hereto, shall be the By-laws of the Surviving Corporation from and
after the Effective Time until amended in accordance with applicable law, the
Articles of Incorporation of the Surviving Corporation and such
By-laws.

           

          (c)           The
directors and officers listed in Exhibit D hereto
shall be the directors and officers of the Surviving Corporation, and each shall
hold his respective office or offices from and after the Effective Time (except,
in the case of directors, as described in Section 6.4) until his successor
shall have been elected and shall have qualified in accordance with applicable
law, or as otherwise provided in the Articles of Incorporation or By-laws of the
Surviving Corporation.

           

          1.4                      Assets and
Liabilities

           

          .  At
the Effective Time, the Surviving Corporation shall possess all the rights,
privileges, powers and franchises of a public as well as of a private nature,
and be subject to all the restrictions, disabilities and duties of each of
Acquisition Corp. and the Company (collectively, the “Constituent
Corporations”); and all the rights, privileges, powers and franchises of
each of the Constituent Corporations, and all property, real, personal and
mixed, and all debts due to any of the constituent corporations on whatever
account, as well for stock subscriptions as all other things in action or
belonging to each of the Constituent Corporations, shall be vested in the
Surviving Corporation; and all property, rights, privileges, powers and
franchises, and all and every other interest shall be thereafter as effectively
the property of the Surviving Corporation as they were of the several and
respective constituent corporations, and the title to any real estate vested by
deed or otherwise in either of the such Constituent Corporations shall not
revert or be in any way impaired by the Merger; but all rights of creditors and
all liens upon any property of any of the Constituent Corporations shall be
preserved unimpaired, and all debts, liabilities and duties of the Constituent
Corporations shall thenceforth attach to the Surviving Corporation, and may be
enforced against it to the same extent as if said debts, liabilities and duties
had been incurred or contracted by it.

           

          
            
               

            

            
              - 2
-

              
                

              

            

            
               

            

          

          1.5                      Manner and Basis of
Converting Shares.

           

          (a)           At
the Effective Time:

           

          (i)           each
share of common stock, par value $.001 per share, of Acquisition Corp. that
shall be outstanding immediately prior to the Effective Time shall, by virtue of
the Merger and without any action on the part of the holder thereof, be
converted into the right to receive  ten  (10) shares of
common stock, par value $.001 per share, of the Surviving Corporation, so that
at the Effective Time, Parent shall be the holder of all of the issued and
outstanding shares of the Surviving Corporation;

           

          (ii)                      the
shares of common stock, par value $.001 per share, of the Company (the “Company Common
Stock”), which shares at the Closing will constitute all of the issued
and outstanding shares of capital stock of the Company, beneficially owned by
the Stockholders listed in Schedule 2.4 (other
than shares of Company Common Stock as to which appraisal rights are perfected
pursuant to the applicable provisions of the BCA and not withdrawn or otherwise
forfeited), shall, by virtue of the Merger and without any action on the part of
the holders thereof, be converted into the right to receive the number of shares
of Parent Common Stock specified in Schedule 1.5 for each
of the Stockholders, which shall be equal to one share of Parent Common Stock
for each share of Company Common Stock (based on 20,146,962 shares of Company
Common Stock pre-Merger and 2,773,200 shares of Parent Common Stock on a fully
diluted basis allocated to the Stockholders post-Merger); and

           

          (iii)                      each
share of Company Common Stock held in the treasury of the Company immediately
prior to the Effective Time shall be cancelled in the Merger and cease to
exist.

           

          (b)           After
the Effective Time, there shall be no further registration of transfers on the
stock transfer books of the Surviving Corporation of the shares of Company
Common Stock that were outstanding immediately prior to the Effective
Time.

           

          1.6                      Surrender and Exchange of
Certificates

           

          .  Promptly
after the Effective Time and upon (i) surrender of a certificate or certificates
representing shares of Company Common Stock that were outstanding immediately
prior to the Effective Time or an affidavit and indemnification in form
reasonably acceptable to counsel for the Parent stating that such Stockholder
has lost its certificate or certificates or that such have been destroyed and
(ii) delivery of a Subscription and Lock Up agreement (as described in Section 4
hereof), Parent shall issue to each  record holder of the Company
Common Stock surrendering such certificate or certificates and Subscription and
Lock Up agreement, a certificate or certificates registered in the name of such
Stockholder representing the number of shares of Parent Common Stock that such
Stockholder shall be entitled to receive as set forth in Section 1.5(a)(ii)
hereof.  Until the certificate, certificates or affidavit is or are
surrendered together with the Subscription and Lock Up agreement as contemplated
by this Section 1.6 and Section 4 hereof, each certificate or affidavit that
immediately prior to the Effective Time represented any outstanding shares of
Company Common Stock shall be deemed at and after the Effective Time to
represent only the right to receive upon surrender as aforesaid the Parent
Common Stock specified in Schedule
1.5 hereof for the holder thereof or to perfect any rights of
appraisal which such holder may have pursuant to the applicable provisions of
the BCA.

          
            
               

            

            
              - 3
-

              
                

              

            

            
               

            

          

           

           

          1.7                      Warrants.

           

          (a)           (i)  At
the Effective Time, all outstanding warrants issued by the Company to purchase
shares of Company Common Stock (the “Company Warrants”)
that have not been surrendered by the holder thereof in exchange for Company
Common Stock, will, at the Effective Time, be deemed be a warrant (the “Parent Warrants”) to
acquire the same number of shares of Parent Common Stock as the holder of such
Company Warrants would have been entitled to receive pursuant to the Merger had
such holder exercised such Company Warrants in full immediately prior to the
Effective Time at a price per share of Parent Common Stock equal to the exercise
price for the shares of Company Common Stock otherwise purchasable pursuant to
such Company Warrant.  Schedules 2.10 and
1.7(a)(i) attached hereto set forth the name of each holder of Company
Warrants, the aggregate number of shares of Company Common Stock that each such
person may purchase pursuant to the exercise of his or her Company Warrants and
the aggregate number of shares of Parent Common Stock that each such person may
purchase upon exercise of Parent Warrants acquired pursuant to this Section
1.7(a)(i).  By its signature hereunder, Parent expressly assumes the
obligation to issue Parent Common Stock to the holders of Parent Warrants upon
exercise thereof, in accordance with the provisions of this Section
1.7(a)(i).

           

          (ii)                      Without
limiting the generality of the foregoing, the Company and the Parent shall take
all corporate actions as may be necessary and desirable in order to effectuate
the transactions contemplated by this Section 1.7(a).

           

          (b)           Parent
shall take all action necessary and appropriate, on or prior to the Effective
Time, to authorize and reserve a number of shares of Parent Common Stock
sufficient for issuance upon the exercise of Parent Warrants following the
Effective Time as contemplated by this Section 1.7.

           

          (c)           Other
than the Company Warrants, all options, warrants and rights to purchase Company
Common Stock outstanding as of the Effective Date will be exercised or
terminated prior to or effective upon the Effective Time, and neither Parent nor
Acquisition Corp. shall assume or have any obligation with respect to such
options, warrants or rights.

           

          1.8                      Parent Common
Stock

           

          .  Parent
agrees that it will cause the Parent Common Stock into which the Company Common
Stock is converted at the Effective Time pursuant to Section 1.5(a)(ii) to be
available for such purpose.  Parent further covenants that immediately
prior to the Effective Time there will be no more than 1,961,200 shares of
Parent Common Stock issued and outstanding, and that, with the exception of
812,000 additional  shares of Common Stock issuable pursuant to
various warrant, option and other contractual arrangements, no other common or
preferred stock or equity securities or any options, warrants, rights or other
agreements or instruments convertible, exchangeable or exercisable into common
or preferred stock or other equity securities shall be issued or
outstanding.

           

          
            
               

            

            
              - 4
-

              
                

              

            

            
               

            

          

          2.        Representations and
Warranties of the Company

           

          . The
Company hereby represents and warrants to Parent and Acquisition Corp. as
follows:

           

          2.1                      Organization, Standing,
Subsidiaries, Etc.

           

          (a)           The
Company is a corporation duly organized and existing in good standing under the
laws of the State of Colorado, and has all requisite power and authority
(corporate and other) to carry on its business, to own or lease its properties
and assets, to enter into this Agreement and the Statement of Merger and to
carry out the terms hereof and thereof.  Copies of the Articles of
Incorporation and By-laws of the Company that have been delivered to Parent and
Acquisition Corp. prior to the execution of this Agreement are true and complete
and have not since been amended or repealed.

           

          (b)           The
Company has no subsidiaries or direct or indirect interest (by way of stock
ownership or otherwise) in any firm, corporation, limited liability company,
partnership, association or business.  The Company owns all of the
issued and outstanding capital stock or membership interests of the Subsidiaries
free and clear of all Liens, and the Subsidiaries have no outstanding options,
warrants or rights to purchase capital stock or other equity securities of such
Subsidiaries, other than the capital stock or membership interests owned by the
Company.  Unless the context otherwise requires, all references in
this Section 2 to the “Company” shall be treated as being a reference to the
Company and the Subsidiaries taken together as one enterprise.

           

          2.2                      Qualification

           

          .  The
Company is duly qualified to conduct business as a foreign corporation and is in
good standing the State of Colorado and in each other jurisdiction wherein the
nature of its activities or its properties owned or leased makes such
qualification necessary, except where the failure to be so qualified would not
have a material adverse effect on the condition (financial or otherwise),
properties, assets, liabilities, business operations, results of operations or
prospects of the Company taken as a whole (the “Condition of the
Company”).

           

          2.3                      Capitalization of the
Company

           

          .  The
authorized capital stock of the Company consists of 210,000,000 shares of
Company Capital Stock, $0.001 par value, and the Company has no authority to
issue any other capital stock.  There are 18,189,462 shares of Company
Common Stock issued and outstanding, and such shares are duly authorized,
validly issued, fully paid and nonassessable.  Except as disclosed in
Schedules 2.10 and
1.7(a)(i), the Company has no outstanding warrants, stock options, rights
or commitments to issue Company Common Stock or other Equity Securities of the
Company, and there are no outstanding securities convertible or exercisable into
or exchangeable for Company Common Stock or other Equity Securities of the
Company.

           

          2.4                      Company
Stockholders

           

          .  Schedule 2.4 hereto
contains a true and complete list of the names and addresses of the record owner
of all of the outstanding shares of Company Common Stock and other Equity
Securities of the Company, together with the number and percentage (on a
fully-diluted basis) of securities held.  To the knowledge of the
Company, except as described in Schedule 2.4, there
is no voting trust, agreement or arrangement among any of the beneficial holders
of Company Common Stock affecting the exercise of the voting rights of Company
Common Stock.

           

          
            
               

            

            
              - 5
-

              
                

              

            

            
               

            

          

           

           

          2.5                      Corporate Acts and
Proceedings

           

          .  The
execution, delivery and performance of this Agreement and the Statement of
Merger (together, the “Merger Documents”)
have been duly authorized by the Board of Directors of the Company and have been
approved by the requisite vote of the Stockholders, and all of the corporate
acts and other proceedings required for the due and valid authorization,
execution, delivery and performance of the Merger Documents and the consummation
of the Merger have been validly and appropriately taken, except for the filing
of the Statement of Merger referred to in Section 1.2.

           

          2.6                      Compliance with Laws and
Instruments

           

          .  To
the knowledge of the Company, the business, products and operations of the
Company have been and are being conducted in compliance in all material respects
with all applicable laws, rules and regulations, except for such violations
thereof for which the penalties, in the aggregate, would not have a material
adverse effect on the Condition of the Company.  The execution,
delivery and performance by the Company of the Merger Documents and the
consummation by the Company of the transactions contemplated by this Agreement:
(a) will not require any authorization, consent or approval of, or filing or
registration with, any court or governmental agency or instrumentality, except
such as shall have been obtained prior to the Closing, (b) will not cause the
Company to violate or contravene in any material respect (i) any provision of
law, (ii) any rule or regulation of any agency or government, (iii) any order,
judgment or decree of any court, or (iv) any provision of the Articles of
Incorporation or By-laws of the Company, (c) will not violate or be in conflict
with, result in a breach of or constitute (with or without notice or lapse of
time, or both) a default under, any indenture, loan or credit agreement, deed of
trust, mortgage, security agreement or other contract, agreement or instrument
to which the Company is a party or by which the Company or any of its properties
is bound or affected, except as would not have a material adverse effect on the
Condition of the Company, and (d) will not result in the creation or imposition
of any material Lien upon any property or asset of the Company.

           

          2.7                      Binding
Obligations

           

          .  The
Merger Documents constitute the legal, valid and binding obligations of the
Company and are enforceable against the Company in accordance with their
respective terms, except as such enforcement is limited by bankruptcy,
insolvency and other similar laws affecting the enforcement of creditors’ rights
generally and by general principles of equity.

           

          2.8                      Broker’s and Finder’s
Fees

           

          .  No
Person has, or as a result of the transactions contemplated herein will have,
any right or valid claim against the Company, Parent, Acquisition Corp. or any
Stockholder for any commission, fee or other compensation as a finder or broker,
or in any similar capacity, except as an advisory fee payable to Bathgate
Capital Parnters, LLC (“BCP”) of 1,750,000 warrants to purchase common stock of
the Parent at $0.001 per share.  In addition, BCP is entitled to
receive a six (6%) percent cash commission and six (6%) warrant coverage
pursuant to a private placement agent agreement with the Parent for the Private
Offering.

           

          
            
               

            

            
              - 6
-

              
                

              

            

            
               

            

          

          2.9        Financial
Statements

           

          .  Attached
hereto as Schedule
2.9 are the Company’s audited Consolidated Balance Sheet, Consolidated
Statement of Operations, Consolidated Statement of Changes in Shareholders’
Equity and Consolidated Statement of Cash Flows as of and for the year ended
March 31, 2007, and the Company’s unaudited Consolidated Balance Sheet (the
“Balance
Sheet”) as of September 30, 2008 (the “Balance Sheet Date”)
and related Statement of Operations, Consolidated Statement of Changes in
Shareholders’ Equity and Consolidated Statement of Cash Flows as of and for the
nine months ended September 30, 2008.  Such financial statements (i)
are in accordance with the books and records of the Company, (ii) present fairly
in all material respects the financial condition of the Company at the dates
therein specified and the results of its operations and changes in financial
position for the periods therein specified and (iii) have been prepared in
accordance with generally accepted accounting principles (“GAAP”) applied on a
basis consistent with prior accounting periods.

           

          2.10                      Absence of Undisclosed
Liabilities

           

          .  The
Company has no material obligation or liability (whether accrued, absolute,
contingent, liquidated or otherwise, whether due or to become due), arising out
of any transaction entered into at or prior to the Closing, except (a) as
disclosed in Schedule
2.10 and/or Schedule 2.11 hereto,
(b) to the extent set forth on or reserved against in the Balance Sheet, (c)
current liabilities incurred and obligations under agreements entered into in
the usual and ordinary course of business since the Balance Sheet Date, none of
which (individually or in the aggregate) has had or will have a material adverse
effect on the Condition of the Company and (d) by the specific terms of any
written agreement, document or arrangement identified in the
Schedules.

           

          2.11                      Changes/Indebtness

           

          .  Since
the Balance Sheet Date, except as disclosed in Schedule 2.11 hereto,
the Company has not (a) incurred any debts, obligations or liabilities,
absolute, accrued, contingent or otherwise, whether due or to become due, except
for fees, expenses and liabilities incurred in connection with the Merger and
related transactions and current liabilities incurred in the usual and ordinary
course of business, (b) discharged or satisfied any Liens other than those
securing, or paid any obligation or liability other than, current liabilities
shown on the Balance Sheet and current liabilities incurred since the Balance
Sheet Date, in each case in the usual and ordinary course of business, (c)
mortgaged, pledged or subjected to Lien any of its assets, tangible or
intangible, other than in the usual and ordinary course of business, (d) sold,
transferred or leased any of its assets, except in the usual and ordinary course
of business, (e) cancelled or compromised any debt or claim, or waived or
released any right, of material value, (f) suffered any physical damage,
destruction or loss (whether or not covered by insurance) materially and
adversely affecting the Condition of the Company, or (g) entered into any
transaction other than in the usual and ordinary course of
business.  

           

          2.12                      Employee Benefit Plans;
ERISA

           

          .  Schedule 2.12 lists
all:  (i)  "employee benefit plans" as defined in Section
3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), maintained
or contributed to by the Company and covering employees of the Company,
including (i) any such plans that are "employee welfare benefit plans" as
defined in Section 3(1) of ERISA and (ii) any such plans that are "employee
pension benefit plans" as defined in Section 3(2) of ERISA (collectively, the
“Company Benefit
Plans”); and (ii) life and health insurance, hospitalization, savings,
bonus, deferred compensation, incentive compensation, holiday, vacation,
severance pay, sick pay, sick leave, disability, tuition refund, service award,
company car, scholarship, relocation, patent award, fringe benefit and other
employee benefit plans, contracts (other than individual employment, consultancy
or severance contracts), policies or practices of the Company providing employee
or executive compensation or benefits to its employees, other than the Company
Benefit Plans (collectively, the “Benefit
Arrangements”).  Each Company Benefit Plan and Benefit
Arrangement has been maintained and administered in all material respects in
accordance with applicable law.

           

          
            
               

            

            
              - 7
-

              
                

              

            

            
               

            

          

           

           

          2.13                      Title to Property and
Encumbrances

           

          .  Except
as disclosed in Schedule 2.13 hereto,
the Company has good, valid and indefeasible marketable title to all properties
and assets used in the conduct of its business (except for property held under
valid and subsisting leases which are in full force and effect and which are not
in default) free of all Liens and other encumbrances, except Permitted Liens and
such ordinary and customary imperfections of title, restrictions and
encumbrances as do not, individually or in the aggregate, materially detract
from the value of the property or assets or materially impair the use made
thereof by the Company in its business. Without limiting the generality of the
foregoing, the Company has good and indefeasible title to all of its properties
and assets reflected in the Balance Sheet, except for property disposed of in
the usual and ordinary course of business since the Balance Sheet Date and for
property held under valid and subsisting leases which are in full force and
effect and which are not in default.

           

          2.14                      Litigation

           

          .  Except
as set forth on Schedule 2.14, there
is no legal action, suit, arbitration or other legal, administrative or other
governmental proceeding pending or, to the best knowledge of the Company,
threatened against or affecting the Company or its properties, assets or
business, and after reasonable investigation, the Company is not aware of any
incident, transaction, occurrence or circumstance that might reasonably be
expected to result in or form the basis for any such action, suit, arbitration
or other proceeding.  The Company is not in default with respect to
any order, writ, judgment, injunction, decree, determination or award of any
court or any governmental agency or instrumentality or arbitration
authority.

           

          2.15                      Patents, Trademarks,
Etc.

           

            Schedule 2.15 sets
forth a list of all United States and foreign patents, trademarks, trade names,
copyrights, and applications therefor used by the Company exclusively in and
material to the conduct of its business (the “Patent and Trademark
Rights”).  Such Patent and Trademark Rights are used by the
Company pursuant to licenses as described on Schedule 2.15, and
are not owned directly by the Company.  Except as disclosed in Schedule 2.15, (a)
the Company owns or possesses adequate licenses or other valid rights to use all
Patent and Trademark Rights; and (b) to the Company’s knowledge, the conduct of
its business as now being conducted does not conflict with any valid patents,
trademarks, trade names or copyrights of others in any way which has a material
adverse effect on the business or financial condition of the Company or its
business.

           

          2.16                      Disclosure.

           

            There
is no fact relating to the Company that the Company has not disclosed to Parent
that materially and adversely affects or, insofar as the Company can now
foresee, will materially and adversely affect, the condition (financial or
otherwise), properties, assets, liabilities, business operations or results of
operations of the Company.  No representation or warranty by the
Company herein and no information disclosed in the schedules or exhibits hereto
by the Company contains any untrue statement of a material fact or omits to
state a material fact necessary to make the statements contained herein or
therein not misleading.

           

          
            
               

            

            
              - 8
-

              
                

              

            

            
               

            

          

           

           

          3.           Representations and
Warranties of Parent and Acquisition Corp.

           

            Parent
and Acquisition Corp. jointly and severally represent and warrant to the
Company, as follows:

           

          3.1                      Organization and
Standing

           

          .  Parent
is a corporation duly organized and existing in good standing under the laws of
the State of Colorado.  Acquisition Corp. is a corporation duly
organized and existing in good standing under the laws of the State of
Colorado.  Parent and Acquisition Corp. have heretofore delivered to
the Company complete and correct copies of their respective Articles or
Certificates of Incorporation and By-laws as now in effect.  Parent
and Acquisition Corp. have full corporate power and authority to carry on their
respective businesses as they are now being conducted and as now proposed to be
conducted and to own or lease their respective properties and
assets.  Except as disclosed in Schedule 3.1 hereto,
neither Parent nor Acquisition Corp. has any subsidiaries (except Parent as the
sole stockholder of Acquisition Corp.) or direct or indirect interest (by way of
stock ownership or otherwise) in any firm, corporation, limited liability
company, partnership, association or business.  Parent owns all of the
issued and outstanding capital stock of Acquisition Corp. free and clear of all
Liens, and Acquisition Corp. has no outstanding options, warrants or rights to
purchase capital stock or other equity securities of Acquisition Corp., other
than the capital stock owned by Parent.  Unless the context otherwise
requires, all references in this Section 3 to the “Parent” shall be treated as
being a reference to the Parent and Acquisition Corp. taken together as one
enterprise.

           

          3.2                      Corporate
Authority

           

          .  Each
of Parent and/or Acquisition Corp. (as the case may be) has full corporate power
and authority to enter into the Merger Documents and the other agreements to be
made pursuant to the Merger Documents, and to carry out the transactions
contemplated hereby and thereby. All corporate acts and proceedings required for
the authorization, execution, delivery and performance of the Merger Documents
and such other agreements and documents by Parent and/or Acquisition Corp. (as
the case may be) have been duly and validly taken or will have been so taken
prior to the Closing.  Each of the Merger Documents constitutes a
legal, valid and binding obligation of Parent and/or Acquisition Corp. (as the
case may be), each enforceable against them in accordance with their respective
terms, except as such enforcement may be limited by bankruptcy, insolvency,
reorganization or other similar laws affecting creditors’ rights generally and
by general principles of equity.

           

          3.3                      Broker’s and Finder’s
Fees

           

          .  Except
for the firms engaged by the Company described in Section 2.8, no person, firm,
corporation or other entity is entitled by reason of any act or omission of
Parent or Acquisition Corp. to any broker’s or finder’s fees, commission or
other similar compensation with respect to the execution and delivery of this
Agreement or the Statement of Merger, or with respect to the consummation of the
transactions contemplated hereby or thereby.  Parent and Acquisition
Corp. jointly and severally indemnify and hold Company harmless from and against
any and all loss, claim or liability arising out of any such claim from any
other Person who claims he, she or it introduced Parent or Acquisition Corp. to,
or assisted them with, the transactions contemplated by or described
herein.

           

          
            
               

            

            
              - 9
-

              
                

              

            

            
               

            

          

           

           

          3.4                      Capitalization of
Parent

           

          .  The
authorized capital stock of Parent consists of (a) 50,000,000 shares of common
stock, par value $.001 per share (the “Parent Common
Stock”), of which not more than 1,961,200 shares will be, prior to the
Effective Time, issued and outstanding, and (b) 1,000,000 shares of preferred
stock, par value $.01 per share, of which no shares are issued or
outstanding.  Other than 812,000 additional  shares of
Common Stock issuable pursuant to various warrant, option and other contractual
arrangements,, Parent has no outstanding options, rights or commitments to issue
shares of Parent Common Stock or any other Equity Security of Parent or
Acquisition Corp., and there are no outstanding securities convertible or
exercisable into or exchangeable for shares of Parent Common Stock or any other
Equity Security of Parent or Acquisition Corp.  There is no voting
trust, agreement or arrangement among any of the beneficial holders of Parent
Common Stock affecting the nomination or election of directors or the exercise
of the voting rights of Parent Common Stock.  All outstanding shares
of the capital stock of Parent are validly issued and outstanding, fully paid
and nonassessable, and none of such shares have been issued in violation of the
preemptive rights of any person.

           

          3.5                      Acquisition
Corp.

           

           Acquisition
Corp. is a wholly-owned subsidiary of Parent that was formed specifically for
the purpose of the Merger and that has not conducted any business or acquired
any property, and will not conduct any business or acquire any property prior to
the Closing Date, except in preparation for and otherwise in connection with the
transactions contemplated by this Agreement, the Statement of Merger and the
other agreements to be made pursuant to or in connection with this Agreement and
the Statement of Merger.

           

          3.6                      Validity of
Shares

           

          .  The
17,919,733 shares of Parent Common Stock to be issued at the Closing pursuant to
Section 1.5(a)(ii) hereof, when issued and delivered in accordance with the
terms hereof and of the Statement of Merger, shall be duly and validly issued,
fully paid and nonassessable.  Based in part on the representations
and warranties of the Stockholders as contemplated by Section 4 hereof and
assuming the accuracy thereof, the issuance of the Parent Common Stock upon the
Merger pursuant to Section 1.5(a)(ii) will be exempt from the registration and
prospectus delivery requirements of the Securities Act and from the
qualification or registration requirements of any applicable state blue sky or
securities laws.

           

          3.7                      SEC Reporting and
Compliance

           

          .  (a)  Parent
filed a registration statement on Form SB-2 under the Exchange Act which became
effective on March 19, 2007, Parent has filed with the Commission all reports
required to be filed by companies registered pursuant to Section 12(g) of the
Exchange Act.

           

          (b)           Parent
has delivered to the Company true and complete copies of all annual reports on
Form 10-KSB, quarterly reports on Form 10-QSB and Form 10-Q, current reports on
Form 8-K and other statements reports and filings (collectively, the “Parent SEC
Documents”) filed by the Parent with the Commission.

           

          
            
               

            

            
              - 10
-

              
                

              

            

            
               

            

          

          (c)           Parent
has not filed, and nothing has occurred with respect to which Parent would be
required to file, any report on Form 8-K since November 7,
2008.  Prior to and until the Closing, Parent will provide to the
Company copies of any and all amendments or supplements to the Parent SEC
Documents filed with the Commission since November 7, 2008 and any and all
subsequent statements, reports and filings filed by the Parent with the
Commission or delivered to the stockholders of Parent.

           

           (d)           The
shares of Parent Common Stock are quoted on the Over-the-Counter (OTC) Bulletin
Board under the symbol “AAFS.OB,” and Parent is in compliance in all material
respects with all rules and regulations of the OTC Bulletin Board applicable to
it and the Parent Stock.

           

          (e)           Between
the date hereof and the Closing Date, Parent shall continue to satisfy the
filing requirements of the Exchange Act and all other requirements of applicable
securities laws and the OTC Bulletin Board.

           

          3.8                      Financial
Statements

           

          .  The
balance sheets, and statements of operations, statements of changes in
shareholders’ equity and statements of cash flows contained in the Parent SEC
Documents (the “Parent
Financial Statements”) (i) have been prepared in accordance with GAAP
applied on a basis consistent with prior periods (and, in the case of unaudited
financial information, on a basis consistent with year-end audits), (ii) are in
accordance with the books and records of the Parent, and (iii) present fairly in
all material respects the financial condition of the Parent at the dates therein
specified and the results of its operations and changes in financial position
for the periods therein specified.  The financial statements included
in the Annual Report on Form 10-KSB for the fiscal year ended December 31, 2007,
are audited by, and include the related report of Cordovano and Honeck, P.C.,
Parent’s independent certified public accountants.  The financial
information included in the Quarterly Report on Form 10-Q for the quarter ended
September 30, 2008 is unaudited, but reflects all adjustments (including
normally recurring accounts) that Parent considers necessary for a fair
presentation of such information and have been prepared in accordance with
generally accepted accounting principles, consistently applied.

           

          3.9                      Governmental
Consents

           

          .  All
consents, approvals, orders, or authorizations of, or registrations,
qualifications, designations, declarations, or filings with any federal or state
governmental authority on the part of Parent or Acquisition Corp. required in
connection with the consummation of the Merger shall have been obtained prior
to, and be effective as of, the Closing.

           

          3.10                      Compliance with Laws and
Instruments

           

          .  The
execution, delivery and performance by Parent and/or Acquisition Corp. of this
Agreement, the Statement of Merger and the other agreements to be made by Parent
or Acquisition Corp. pursuant to or in connection with this Agreement or the
Statement of Merger and the consummation by Parent and/or Acquisition Corp. of
the transactions contemplated by the Merger Documents will not cause Parent
and/or Acquisition Corp. to violate or contravene (i) any provision of law, (ii)
any rule or regulation of any agency or government, (iii) any order, judgment or
decree of any court, or (v) any provision of their respective articles or
Articles of incorporation or by-laws as amended and in effect on and as of the
Closing Date and will not violate or be in conflict with, result in a breach of
or constitute (with or without notice or lapse of time, or both) a default under
any indenture, loan or credit agreement, deed of trust, mortgage, security
agreement or other agreement or contract to which Parent or Acquisition Corp. is
a party or by which Parent and/or Acquisition Corp. or any of their respective
properties is bound.

           

          
            
               

            

            
              - 11
-

              
                

              

            

            
               

            

          

           

           

          3.11                      No General
Solicitation

           

          .  In
issuing Parent Common Stock in the Merger hereunder, neither Parent nor anyone
acting on its behalf has offered to sell the Parent Common Stock by any form of
general solicitation or advertising.

           

          3.12                      Binding
Obligations

           

          .  The
Merger Documents constitute the legal, valid and binding obligations of the
Parent and Acquisition Corp., and are enforceable against the Parent and
Acquisition Corp., in accordance with their respective terms, except as such
enforcement is limited by bankruptcy, insolvency and other similar laws
affecting the enforcement of creditors’ rights generally and by general
principles of equity.

           

          3.13                      Absence of Undisclosed
Liabilities

           

          .  Neither
Parent nor Acquisition Corp.  has any obligation or liability (whether
accrued, absolute, contingent, liquidated or otherwise, whether due or to become
due), arising out of any transaction entered into at or prior to the Closing,
except (a) as disclosed in the Parent SEC Documents, (b) to the extent set forth
on or reserved against in the audited balance sheet of Parent as of December 31,
2007 (the “Parent
Balance Sheet”) or the Notes to the Parent Financial Statements, (c)
current liabilities incurred and obligations under agreements entered into in
the usual and ordinary course of business since September 30, 2008 (the “Parent Balance Sheet
Date”), none of which (individually or in the aggregate) materially and
adversely affects the condition (financial or otherwise), properties, assets,
liabilities, business operations, results of operations or prospects of the
Parent or Acquisition Corp., taken as a whole (the "Condition of the
Parent"), and (d) by the specific terms of any written agreement,
document or arrangement attached as an exhibit to the Parent SEC
Documents.

           

          3.14                      Changes

           

          .  Since
the Parent Balance Sheet Date, except as disclosed in the Parent SEC Documents,
the Parent has not (a) incurred any debts, obligations or liabilities, absolute,
accrued or, to the Parent’s knowledge, contingent, whether due or to become due,
except for current liabilities incurred in the usual and ordinary course of
business, (b) discharged or satisfied any Liens other than those securing, or
paid any obligation or liability other than, current liabilities shown on the
Parent Balance Sheet and current liabilities incurred since the Parent Balance
Sheet Date, in each case in the usual and ordinary course of business, (c)
mortgaged, pledged or subjected to Lien any of its assets, tangible or
intangible, other than in the usual and ordinary course of business, (d) sold,
transferred or leased any of its assets, except in the usual and ordinary course
of business, (e) cancelled or compromised any debt or claim, or waived or
released any right of material value, (f) suffered any physical damage,
destruction or loss (whether or not covered by insurance) which could reasonably
be expected to have a material adverse effect on the Condition of the Parent,
(g) entered into any transaction other than in the usual and ordinary course of
business, (h) encountered any labor union difficulties, (i) made or granted any
wage or salary increase or made any increase in the amounts payable under any
profit sharing, bonus, deferred compensation, severance pay, insurance, pension,
retirement

           

          
            
               

            

            
              - 12
-

              
                

              

            

            
               

            

          

          or other
employee benefit plan, agreement or arrangement, other than in the ordinary
course of business consistent with past practice, or entered into any employment
agreement, (j) issued or sold any shares of capital stock, bonds, notes,
debentures or other securities or granted any options (including employee stock
options), warrants or other rights with respect thereto, (k) declared or paid
any dividends on or made any other distributions with respect to, or purchased
or redeemed, any of its outstanding capital stock, (l) suffered or experienced
any change in, or condition affecting, the financial condition of the Parent
other than changes, events or conditions in the usual and ordinary course of its
business, none of which (either by itself or in conjunction with all such other
changes, events and conditions) could reasonably be expected to have a material
adverse effect on the Condition of the Parent, (m) made any change in the
accounting principles, methods or practices followed by it or depreciation or
amortization policies or rates theretofore adopted, (n) made or permitted any
amendment or termination of any material contract, agreement or license to which
it is a party, (o) suffered any material loss not reflected in the Parent
Balance Sheet or its statement of income for the year ended on the Parent
Balance Sheet Date, (p) paid, or made any accrual or arrangement for payment of,
bonuses or special compensation of any kind or any severance or termination pay
to any present or former officer, director, employee, stockholder or consultant,
(q) made or agreed to make any charitable contributions or incurred any
non-business expenses in excess of $5,000 in the aggregate, or (r) entered into
any agreement, or otherwise obligated itself, to do any of the
foregoing.

           

          3.15                      Tax Returns and
Audits

           

          .  All
required federal, state and local Tax Returns of the Parent have been accurately
prepared in all material respects and duly and timely filed, and all federal,
state and local Taxes required to be paid with respect to the periods covered by
such returns have been paid to the extent that the same are material and have
become due, except where the failure so to file or pay could not reasonably be
expected to have a material adverse effect upon the Condition of the
Parent.  The Parent is not and has not been delinquent in the payment
of any Tax.  The Parent has not had a Tax deficiency assessed against
it.  None of the Parent’s federal income tax returns nor any state or
local income or franchise tax returns has been audited by governmental
authorities.  The reserves for Taxes reflected on the Parent Balance
Sheet are sufficient for the payment of all unpaid Taxes payable by the Parent
with respect to the period ended on the Parent Balance Sheet
Date.  There are no federal, state, local or foreign audits, actions,
suits, proceedings, investigations, claims or administrative proceedings
relating to Taxes or any Tax Returns of the Parent now pending, and the Parent
has not received any notice of any proposed audits, investigations, claims or
administrative proceedings relating to Taxes or any Tax Returns.

           

          3.16                      Employee Benefit Plans;
ERISA

           

          .  There
are no “employee benefit plans” (within the meaning of Section 3(3) of ERISA)
nor any other employee benefit or fringe benefit arrangements, practices,
contracts, policies or programs other than programs merely involving the regular
payment of wages, commissions, or bonuses established, maintained or contributed
to by the Parent.

           

          3.17                      Litigation

           

          .  There
is no legal action, suit, arbitration or other legal, administrative or other
governmental proceeding pending or, to the knowledge of the Parent, threatened
against or affecting the Parent or Acquisition Corp.  or their
properties, assets or business.  To the knowledge of the Parent,
neither Parent nor Acquisition Corp. is in default with respect to any order,
writ, judgment, injunction, decree, determination or award of any court or any
governmental agency or instrumentality or arbitration authority.

           

          
            
               

            

            
              - 13
-

              
                

              

            

            
               

            

          

           

           

          4.           Additional Representations,
Warranties and Covenants of the Stockholders

           

          .  Promptly
after the Effective Time, Parent shall cause to be mailed to each holder of
record of Company Common Stock that was converted pursuant to Section 1.5 hereof
into the right to receive Parent Common Stock a Subscription and Lock Up
agreement (“Subscription and Lock Up
agreement”) in substantially the form attached hereto as Exhibit E, which
shall contain additional representations, warranties and covenants of such
Stockholder, including, without limitation, that (i) such Stockholder has full
right, power and authority to deliver such Company Common Stock and Subscription
and Lock Up
agreement, (ii) the delivery of such Company Common Stock will not
violate or be in conflict with, result in a breach of or constitute a default
under, any indenture, loan or credit agreement, deed of trust, mortgage,
security agreement or other agreement or instrument to which such Stockholder is
bound or affected, (iii) such Stockholder has good, valid and marketable title
to all shares of Company Common Stock indicated in such Subscription and Lock Up agreement and
that such Stockholder is not affected by any voting trust, agreement or
arrangement affecting the voting rights of such Company Common Stock, (iv) such
Stockholder is an “accredited investor,” as such term is defined in Regulation D
under the Securities Act and that such Stockholder is acquiring Parent Common
Stock for investment purposes, and not with a view to selling or otherwise
distributing such Parent Common Stock in violation of the Securities Act or the
securities laws of any state, and (v) such Stockholder has had an opportunity to
ask and receive answers to any questions such Stockholder may have had
concerning the terms and conditions of the Merger and the Parent Common Stock
and has obtained any additional information that such Stockholder has
requested.  Delivery shall be effected, and risk of loss and title to
the Parent Common Stock shall pass, only upon delivery to the Parent (or an
agent of the Parent) of (x) certificates evidencing ownership thereof as
contemplated by Section 1.6 hereof (or affidavit of lost certificate), and (y)
the Subscription and Lock Up agreement
containing the representations, warranties and covenants contemplated by this
Section 4.

           

          5.           Conduct of Businesses
Pending the Merger.

           

          5.1                      Conduct of Business by the
Company Pending the Merger

           

          .  Prior
to the Effective Time, unless Parent or Acquisition Corp. shall otherwise agree
in writing or as otherwise contemplated by this Agreement:

           

          (a)           the
business of the Company shall be conducted only in the ordinary
course;

           

          (b)           the
Company shall not (i) directly or indirectly redeem, purchase or otherwise
acquire or agree to redeem, purchase or otherwise acquire any shares of its
capital stock; (ii) amend its Articles of Incorporation or By-laws; or (iii)
split, combine or reclassify the outstanding Company Common Stock or declare,
set aside or pay any dividend payable in cash, stock or property or make any
distribution with respect to any such stock;

           

          
            
               

            

            
              - 14
-

              
                

              

            

            
               

            

          

          (c)           the
Company shall not (i) issue or agree to issue any additional shares of, or
options, warrants or rights of any kind to acquire any shares of, Company Common
Stock; (ii) acquire or dispose of any fixed assets or acquire or dispose of any
other substantial assets other than in the ordinary course of business; (iii)
incur additional Indebtedness or any other liabilities or enter into any other
transaction other than in the ordinary course of business; (iv) enter into any
contract, agreement, commitment or arrangement with respect to any of the
foregoing; or (v) except as contemplated by this Agreement, enter into any
contract, agreement, commitment or arrangement to dissolve, merge, consolidate
or enter into any other material business combination;

           

          (d)           the
Company shall use its best efforts to preserve intact the business organization
of the Company, to keep available the service of its present officers and key
employees, and to preserve the good will of those having business relationships
with it;

           

          (e)           the
Company will not, nor will it authorize any director or authorize or permit any
officer or employee or any attorney, accountant or other representative retained
by it to, make, solicit, encourage any inquiries with respect to, or engage in
any negotiations concerning, any Acquisition Proposal (as defined
below).  The Company will promptly advise Parent orally and in writing
of any such inquiries or proposals (or requests for information) and the
substance thereof.  As used in this paragraph, “Acquisition Proposal”
shall mean any proposal for a merger or other business combination involving the
Company or for the acquisition of a substantial equity interest in it or any
material assets of it other than as contemplated by this
Agreement.  The Company will immediately cease and cause to be
terminated any existing activities, discussions or negotiations with any person
conducted heretofore with respect to any of the foregoing; and

           

          (f)           the
Company will not enter into any new employment agreements with any of its
officers or employees or grant any increases in the compensation or benefits of
its officers and employees other than increases in the ordinary course of
business and consistent with past practice or amend any employee benefit plan or
arrangement.

           

          5.2                      Conduct of Business by
Parent and Acquisition Corp. Pending the Merger

           

          .  Prior
to the Effective Time, unless the Company shall otherwise agree in writing or as
otherwise contemplated by this Agreement:

           

          (a)           the
business of Parent and Acquisition Corp. shall be conducted only in the ordinary
course; provided, however, that Parent
shall take the steps necessary to have discontinued its existing business
without liability to Parent or Acquisition Corp. as of the Closing
Date;

           

          (b)           neither
Parent nor Acquisition Corp. shall (A) directly or indirectly redeem, purchase
or otherwise acquire or agree to redeem, purchase or otherwise acquire any
shares of its capital stock; (B) amend its articles or Articles of incorporation
or by-laws; or (C) split, combine or reclassify its capital stock or declare,
set aside or pay any dividend payable in cash, stock or property or make any
distribution with respect to such stock; and

           

          
            
               

            

            
              - 15
-

              
                

              

            

            
               

            

          

          (c)           neither
Parent nor Acquisition Corp. shall (A) issue or agree to issue any additional
shares of, or options, warrants or rights of any kind to acquire shares of, its
capital stock; (B) acquire or dispose of any assets other than in the ordinary
course of business (except for dispositions in connection with Section 5.2(a)
hereof); (C) incur additional Indebtedness or any other liabilities or enter
into any other transaction except in the ordinary course of business; (D) enter
into any contract, agreement, commitment or arrangement with respect to any of
the foregoing, or (E) except as contemplated by this Agreement, enter into any
contract, agreement, commitment or arrangement to dissolve, merge; consolidate
or enter into any other material business contract or enter into any
negotiations in connection therewith.

           

          (d)           neither
Parent nor Acquisition Corp. will, nor will they authorize any director or
authorize or permit any officer or employee or any attorney, accountant or other
representative retained by them to, make, solicit, encourage any inquiries with
respect to, or engage in any negotiations concerning, any Acquisition Proposal
(as defined below for purposes of this paragraph).  Parent will
promptly advise the Company orally and in writing of any such inquiries or
proposals (or requests for information) and the substance thereof.  As
used in this paragraph, “Acquisition Proposal”
shall mean any proposal for a merger or other business combination involving the
Parent or Acquisition Corp. or for the acquisition of a substantial equity
interest in either of them or any material assets of either of them other than
as contemplated by this Agreement.  Parent will immediately cease and
cause to be terminated any existing activities, discussions or negotiations with
any person conducted heretofore with respect to any of the foregoing;
and

           

          (e)           neither
the Parent nor Acquisition Corp. will enter into any new employment agreements
with any of their officers or employees or grant any increases in the
compensation or benefits of their officers or employees.

           

          6.           Additional
Agreements.

           

          6.1                      Access and
Information

           

          .  The
Company, Parent and Acquisition Corp. shall each afford to the other and to the
other’s accountants, counsel and other representatives full access during normal
business hours throughout the period prior to the Effective Time of all of its
properties, books, contracts, commitments and records (including but not limited
to tax returns) and during such period, each shall furnish promptly to the other
all information concerning its business, properties and personnel as such other
party may reasonably request; provided, that no
investigation pursuant to this Section 6.1 shall affect any representations or
warranties made herein.  Each party shall hold, and shall cause its
employees and agents to hold, in confidence all such information (other than
such information which (i) is already in such party’s possession or (ii) becomes
generally available to the public other than as a result of a disclosure by such
party or its directors, officers, managers, employees, agents or advisors, or
(iii) becomes available to such party on a non-confidential basis from a source
other than a party hereto or its advisors, provided that such source is not
known by such party to be bound by a confidentiality agreement with or other
obligation of secrecy to a party hereto or another party until such time as such
information is otherwise publicly available; provided, however, that (A) any
such information may be disclosed to such party’s directors, officers, employees
and representatives of such party’s advisors who need to know such information
for the purpose of

           

          
            
               

            

            
              - 16
-

              
                

              

            

            
               

            

          

          evaluating
the transactions contemplated hereby (it being understood that such directors,
officers, employees and representatives shall be informed by such party of the
confidential nature of such information), (B) any disclosure of such information
may be made as to which the party hereto furnishing such information has
consented in writing, and (C) any such information may be disclosed pursuant to
a judicial, administrative or governmental order or request; provided, however, that the
requested party will promptly so notify the other party so that the other party
may seek a protective order or appropriate remedy and/or waive compliance with
this Agreement and if such protective order or other remedy is not obtained or
the other party waives compliance with this provision, the requested party will
furnish only that portion of such information which is legally required and will
exercise its best efforts to obtain a protective order or other reliable
assurance that confidential treatment will be accorded the information
furnished).  If this Agreement is terminated, each party will deliver
to the other all documents and other materials (including copies) obtained by
such party or on its behalf from the other party as a result of this Agreement
or in connection herewith, whether so obtained before or after the execution
hereof.

           

          6.2                      Additional
Agreements

           

          .  Subject
to the terms and conditions herein provided, each of the parties hereto agrees
to use its commercially reasonable efforts to take, or cause to be taken, all
action and to do, or cause to be done, all things necessary, proper or advisable
under applicable laws and regulations to consummate and make effective the
transactions contemplated by this Agreement, including using its commercially
reasonable efforts to satisfy the conditions precedent to the obligations of any
of the parties hereto to obtain all necessary waivers, and to lift any
injunction or other legal bar to the Merger (and, in such case, to proceed with
the Merger as expeditiously as possible).  In order to obtain any
necessary governmental or regulatory action or non-action, waiver, consent,
extension or approval, each of Parent, Acquisition Corp. and the Company agrees
to take all reasonable actions and to enter into all reasonable agreements as
may be necessary to obtain timely governmental or regulatory approvals and to
take such further action in connection therewith as may be
necessary.  In case at any time after the Effective Time any further
action is necessary or desirable to carry out the purposes of this Agreement,
the proper officers and/or directors of Parent, Acquisition Corp. and the
Company shall take all such necessary action.

           

          6.3                      Publicity

           

          .  No
party shall issue any press release or public announcement pertaining to the
Merger that has not been agreed upon in advance by Parent and the Company,
except as Parent reasonably determines to be necessary in order to comply with
the rules of the Commission or of the principal trading exchange or market for
Parent Common Stock; provided, that in
such case Parent will use its best efforts to allow the Company to review and
reasonably approve any press release or public announcement prior to its
release.

           

          6.4                      Appointment of
Directors

           

          .  Parent
shall accept the resignation of the current officers and directors of Parent as
provided by Section 7.2 hereof, and shall cause the persons listed as directors
in Exhibit D
hereto to be elected to the Board of Directors of Parent, in each case
immediately upon the Effective Time, except that the resignation and appointment
of certain directors shall be delayed until compliance with Section 14(f) of the
Exchange Act and rules promulgated thereunder, as set forth in Section 7.2
hereof.  At the first annual meeting of Parent stockholders and
thereafter, the election of members of Parent’s Board of Directors shall be
accomplished in accordance with the by-laws of Parent.

           

          
            
               

            

            
              - 17
-

              
                

              

            

            
               

            

          

           

           

          6.5                      Parent Name Change and
Exchange Listing

           

          .  At
the Effective Time, Parent shall take all required legal actions, including the
filing of an Information Statement on Schedule 14C under the Exchange Act, to
change its corporate name to APRO Bio Pharmaceutical Corporation

           

          6.6                      Reserved

           

          6.7                      Reserved

           

          6.8                      Private
Offering

           

          .  Parent
shall cause the Private Offering to be consummated immediately following the
Effective Time.

           

          7.           Conditions of Parties’
Obligations.

           

          7.1                      Company
Obligations

           

          .  The
obligations of Parent and Acquisition Corp. under this Agreement and the
Statement of Merger are subject to the fulfillment at or prior to the Closing of
the following conditions, any of which may be waived in whole or in part by
Parent.

           

          (a)           No Errors, etc. The
representations and warranties of the Company under this Agreement shall be
deemed to have been made again on the Closing Date and shall then be true and
correct in all material respects.

           

          (b)           Compliance with
Agreement.  The Company shall have performed and complied in
all material respects with all agreements and conditions required by this
Agreement to be performed or complied with by it on or before the Closing
Date.

           

          (c)           No Default or Adverse
Change.  There shall not exist on the Closing Date any Default
or Event of Default or any event or condition that, with the giving of notice or
lapse of time, or both, would constitute a Default or Event of Default, and
since the Balance Sheet Date, there shall have been no material adverse change
in the Condition of the Company.

           

          (d)           Certificate of
Officer.  The Company shall have delivered to Parent and
Acquisition Corp. a certificate dated the Closing Date, executed on its behalf
by Vicki Barone, Chair of the Board of Directors of the Company, certifying the
satisfaction of the conditions specified in paragraphs (a), (b) and (c) of this
Section 7.1.

           

           (e)           No Restraining
Action.  No action or proceeding before any court, governmental
body or agency shall have been threatened, asserted or instituted to restrain or
prohibit, or to obtain substantial damages in respect of, this Agreement or the
Statement of Merger or the carrying out of the transactions contemplated by the
Merger Documents.

           

          (f)           Supporting
Documents.  Parent and Acquisition Corp. shall have received
the following:

           

          
            
               

            

            
              - 18
-

              
                

              

            

            
               

            

          

          (1)           Copies
of resolutions of the Board of Directors and the Stockholders of the Company,
certified by the Secretary of the Company, authorizing and approving the
execution, delivery and performance of the Merger Documents and all other
documents and instruments to be delivered pursuant hereto and
thereto.

           

          (2)           A
certificate of incumbency executed by the Secretary of the Company certifying
the names, titles and signatures of the officers authorized to execute any
documents referred to in this Agreement and further certifying that the Articles
of Incorporation and By-laws of the Company delivered to Parent and Acquisition
Corp. at the time of the execution of this Agreement have been validly adopted
and have not been amended or modified.

           

          (3)           A
certificate, dated the Closing Date, executed by the Company’s Secretary,
certifying that, except for the filing of the Statement of
Merger:  (i) all consents, authorizations, orders and approvals of,
and filings and registrations with, any court, governmental body or
instrumentality that are required for the execution and delivery of this
Agreement and the Statement of Merger and the consummation of the Merger shall
have been duly made or obtained, and all material consents by third parties that
are required for the Merger have been obtained; and (ii) no action or proceeding
before any court, governmental body or agency has been threatened, asserted or
instituted to restrain or prohibit, or to obtain substantial damages in respect
of, this Agreement or the Statement of Merger or the carrying out of the
transactions contemplated by the Merger Documents.

           

          (4)           Evidence
as of a recent date of the good standing and corporate existence of the Company
issued by the Secretary of State of the State of Colorado and evidence that the
Company is qualified to transact business as a foreign corporation and is in
good standing in Iowa and each other state of the United States and in each
other jurisdiction where the character of the property owned or leased by it or
the nature of its activities makes such qualification necessary.

           

          (5)           Such
additional supporting documentation and other information with respect to the
transactions contemplated hereby as Parent and Acquisition Corp. may reasonably
request.

           

          (g)           Proceedings and
Documents.  All corporate and other proceedings and actions
taken in connection with the transactions contemplated hereby and all
certificates, opinions, agreements, instruments and documents mentioned herein
or incident to any such transactions shall be reasonably satisfactory in form
and substance to Parent and Acquisition Corp.  The Company shall
furnish to Parent and Acquisition Corp. such supporting documentation and
evidence of the satisfaction of any or all of the conditions precedent specified
in this Section 7.1 as Parent or its counsel may reasonably
request.

           

          7.2                      Parent and Acquisition Corp.
Obligations

           

          .  The
obligations of the Company under this Agreement and the Statement of Merger are
subject to the fulfillment at or prior to the Closing of the conditions
precedent specified in paragraph (f) of Section 7.1 hereof and the following
additional conditions:

           

          
            
               

            

            
              - 19
-

              
                

              

            

            
               

            

          

              (a)    No Errors,
etc.  The representations and warranties of Parent and
Acquisition Corp. under this Agreement shall be deemed to have been made again
on the Closing Date and shall then be true and correct in all material
respects.

           

          (b)           Compliance with
Agreement.  Parent and Acquisition Corp. shall have performed
and complied in all material respects with all agreements and conditions
required by this Agreement and the Statement of Merger to be performed or
complied with by them on or before the Closing Date.

           

          (c)           No Default or Adverse
Change.  There shall not exist on the Closing Date any Default
or Event of Default or any event or condition, that with the giving of notice or
lapse of time, or both, would constitute a Default of Event of Default, and
since the Parent Balance Sheet Date, there shall have been no material adverse
change in the Condition of the Parent.

           

          (d)           Certificate of
Officer.  Parent and Acquisition Corp. shall have delivered to
the Company a certificate dated the Closing Date, executed on their behalf by
their respective President, certifying the satisfaction of the conditions
specified in paragraphs (a), (b), and (c) of this Section 7.2.

           

           (e)           Supporting
Documents.  The Company shall have received the
following:

           

          (1)           Copies
of resolutions of Parent’s and Acquisition Corp.’s respective boards of
directors and the sole shareholder of Acquisition Corp., certified by their
respective Secretaries, authorizing and approving, to the extent applicable, the
execution, delivery and performance of this Agreement, the Statement of Merger
and all other documents and instruments to be delivered by them pursuant hereto
and thereto.

           

          (2)           A
certificate of incumbency executed by the respective Secretaries of Parent and
Acquisition Corp. certifying the names, titles and signatures of the officers
authorized to execute the documents referred to in paragraph (1) above and
further certifying that the articles or certificates of incorporation and
by-laws of Parent and Acquisition Corp. appended thereto have not been amended
or modified.

           

          (3)           A
certificate, dated the Closing Date, executed by the Secretary of each of the
Parent and Acquisition Corp., certifying that, except for the filing of the
Statement of Merger:  (i) all consents, authorizations, orders and
approvals of, and filings and registrations with, any court, governmental body
or instrumentality that are required for the execution and delivery of this
Agreement and the Statement of Merger and the consummation of the Merger shall
have been duly made or obtained, and all material consents by third parties
required for the Merger have been obtained; and (ii) no action or proceeding
before any court, governmental body or agency has been threatened, asserted or
instituted to restrain or prohibit, or to obtain substantial damages in respect
of, this Agreement or the Statement of Merger or the carrying out of the
transactions contemplated by any of the Merger Documents.

           

          
            
               

            

            
              - 20
-

              
                

              

            

            
               

            

          

          (4)           A
certificate of X-Pedited Transfer Corporation, Inc., Parent’s transfer agent and
registrar, certifying as of the business day prior to the Closing Date, a true
and complete list of the names and addresses of the record owners of all of the
outstanding shares of Parent Common Stock, together with the number of shares of
Parent Common Stock held by each record owner.

           

          (5)           A
letter from X-Pedited Transfer Corporation, Inc., Parent’s transfer agent and
registrar setting forth that the number of shares of Parent Common Stock that
would be issued and outstanding as of the Closing Date but prior to the closing
of the Merger, is no more than 1,961,200 shares of Parent Common
Stock.

           

          (6)           An
agreement in writing from Cordovano and Honeck, P.C., in form and substance
reasonably satisfactory to the Company, to deliver copies of the audit opinions
and audit reports with respect to any and all financial statements of Parent
that had been audited by such firm.

           

          (7)           (i)
The executed resignation of Brian L. Klemsz as an officer of Parent, with the
officer resignation to take effect at the Effective Time, and with the
resignation of Mr. Klemsz as a director to take effect upon Parent’s compliance
with Section 14(f) of the Exchange Act and rules promulgated thereunder. Parent
will enter into an Indemnification Agreement with Mr. Klemsz in the form as
shown in Exhibit F hereto to indemnify him as a director between the Effective
Time and his resignation upon Parent’s compliance with Section 14(f) of the
Exchange Act and rules promulgated thereunder.

           

           (8)           Evidence
as of a recent date of the good standing and corporate existence of the Parent
made available to the Company by the Secretary of State of Colorado and evidence
that the Parent is qualified to transact business as a foreign corporation and
is in good standing in each state of the United States and in each other
jurisdiction where the character of the property owned or leased by it or the
nature of its activities makes such qualification necessary.

           

          (9)           Evidence
as of a recent date of the good standing and corporate existence of Acquisition
Corp. issued by the Secretary of State of Colorado.

           

          (10)           Such
additional supporting documentation and other information with respect to the
transactions contemplated hereby as the Company may reasonably
request.

           

          (f)           Proceedings and
Documents.  All corporate and other proceedings and actions
taken in connection with the transactions contemplated hereby and all
certificates, opinions, agreements, instruments and documents mentioned herein
or incident to any such transactions shall be satisfactory in form and substance
to the Company. Parent and Acquisition Corp. shall furnish to the Company such
supporting documentation and evidence of satisfaction of any or all of the
conditions specified in this Section 7.2 as the Company may reasonably
request.

           

          
            
               

            

            
              - 21
-

              
                

              

            

            
               

            

          

          The
Company and Parent may waive compliance with any of the conditions precedent
specified in this Section 7.2.

           

          8.           Non-Survival of
Representations and Warranties

           

          .  The
representations and warranties of the parties made in Sections 2 and 3 of this
Agreement (including the Schedules to the Agreement which are hereby
incorporated by reference) shall survive for six months beyond the Effective
Time.  This Section 8 shall not limit any claim for fraud or any
covenant or agreement of the parties which by its terms contemplates performance
after the Effective Time.

           

          9.           Amendment of
Agreement

           

          .  This
Agreement and the Statement of Merger may be amended or modified at any time in
all respects by an instrument in writing executed (i) in the case of this
Agreement by the parties hereto and (ii) in the case of the Statement of Merger
by the parties thereto.

           

          10.           Definitions

           

          .  Unless
the context otherwise requires, the terms defined in this Section 10 shall have
the meanings herein specified for all purposes of this Agreement, applicable to
both the singular and plural forms of any of the terms herein
defined.

           

          “Acquisition Corp.”
means ACROSS AMERICA Acquisition Corp., a Colorado corporation.

           

          “Acquisition Proposal”
shall have the meaning assigned to such term in each of Section 5.1(e) and
Section 5.2(d) hereof, as applicable.

           

          “Affiliate” shall mean
any Person that directly or indirectly controls, is controlled by, or is under
common control with, the indicated Person.

           

          “Agreement” shall mean
this Agreement.

           

          “Balance Sheet” and
“Balance Sheet
Date” shall have the meanings assigned to such terms in Section 2.9
hereof.

           

          “Benefit Arrangements”
shall have the meaning assigned to it in Section 2.12 hereof.

           

          “Statement of Merger”
shall have the meaning assigned to it in the second recital of this
Agreement.

           

          “Closing” and “Closing Date” shall
have the meanings assigned to such terms in Section 11 hereof.

           

          “Code” shall mean the
Internal Revenue Code of 1986, as amended.

           

          “Commission” shall
mean the U.S. Securities and Exchange Commission.

           

          “Company” shall mean
APRO BIO Pharmaceutical Corporation, a Colorado corporation.

           

          
            
               

            

            
              - 22
-

              
                

              

            

            
               

            

          

          “Company Common Stock”
shall have the meaning assigned to it in Section 1.5(a)(ii).

           

          “Company Benefit
Plans” shall have the meaning assigned to it in Section 2.12
hereof.

           

          “Company Warrants”
shall have the meaning assigned to it in Section 1.7(a) hereof.

           

          “Condition of the
Company” shall have the meaning assigned to it in Section 2.2
hereof.

           

          “Condition of the
Parent” shall have the meaning assigned to it in Section 3.13
hereof.

           

          “Constituent
Corporations” shall have the meaning assigned to it in Section 1.4
hereof.

           

          “Default” shall mean a
default or failure in the due observance or performance of any covenant,
condition or agreement on the part of the Company to be observed or performed
under the terms of this Agreement or the Statement of Merger, if such default or
failure in performance shall remain unremedied for five (5) days.

           

          “BCA” shall have the
meaning assigned to it in the second recital hereof.

           

          “Effective Time” shall
have the meaning assigned to it in Section 1.2 hereof.

           

          “Equity Security”
shall mean any stock or similar security of an issuer or any security (whether
stock or Indebtedness for Borrowed Money) convertible, with or without
consideration, into any stock or similar equity security, or any security
(whether stock or Indebtedness for Borrowed Money) carrying any warrant or right
to subscribe to or purchase any stock or similar security, or any such warrant
or right.

           

          “ERISA” shall have the
meaning assigned to it in Section 2.12 hereof.

           

          “Exchange Act” shall
mean the Securities Exchange Act of 1934, as amended.

           

          “Event of Default”
shall mean (a) the failure of the Company to pay any Indebtedness for Borrowed
Money, or any interest or premium thereon, within five (5) days after the same
shall become due, whether such Indebtedness shall become due by scheduled
maturity, by required prepayment, by acceleration, by demand or otherwise, (b)
an event of default under any agreement or instrument evidencing or securing or
relating to any such Indebtedness, or (c) the failure of the Company to perform
or observe any material term, covenant, agreement or condition on its part to be
performed or observed under any agreement or instrument evidencing or securing
or relating to any such Indebtedness when such term, covenant or agreement is
required to be performed or observed.

           

          
            
               

            

            
              - 23
-

              
                

              

            

            
               

            

          

          “GAAP” shall have the
meaning assigned to it in Section 2.9 hereof.

           

          “Indebtedness” shall
mean any obligation of the Company which under generally accepted accounting
principles is required to be shown on the balance sheet of the Company as a
liability. Any obligation secured by a Lien on, or payable out of the proceeds
of production from, property of the Company shall be deemed to be Indebtedness
even though such obligation is not assumed by the Company.

           

          “Indebtedness for Borrowed
Money” shall mean (a) all Indebtedness in respect of money borrowed
including, without limitation, Indebtedness which represents the unpaid amount
of the purchase price of any property and is incurred in lieu of borrowing money
or using available funds to pay such amounts and not constituting an account
payable or expense accrual incurred or assumed in the ordinary course of
business of the Company, (b) all Indebtedness evidenced by a promissory note,
bond or similar written obligation to pay money, or (c) all such Indebtedness
guaranteed by the Company or for which the Company is otherwise contingently
liable.

           

          “Investment Company
Act” shall mean the Investment Company Act of 1940, as
amended.

           

          “knowledge” and “know” means, when
referring to any person or entity, the actual knowledge of such person or entity
of a particular matter or fact, and what that person or entity would have
reasonably known after due inquiry.  An entity will be deemed to have
"knowledge" of a particular fact or other matter if any individual who is
serving, or who has served, as an executive officer of such entity has actual
"knowledge" of such fact or other matter, or had actual "knowledge" during the
time of such service of such fact or other matter, or would have had "knowledge"
of such particular fact or matter after due inquiry.

           

          “Subscription and Lock Up
agreement” shall have the meaning assigned to it in Section 4
hereof.

           

          “Lien” shall mean any
mortgage, pledge, security interest, encumbrance, lien or charge of any kind,
including, without limitation, any conditional sale or other title retention
agreement, any lease in the nature thereof and the filing of or agreement to
give any financing statement under the Uniform Commercial Code of any
jurisdiction and including any lien or charge arising by statute or other
law.

           

          “Memorandum” shall
have the meaning assigned to it in the fourth recital hereof.

           

          “Merger” shall have
the meaning assigned to it in the first recital hereof.

           

          “Merger Documents”
shall have the meaning assigned to it in Section 2.5 hereof.

           

          “Parent” shall mean
Across America Financial Services, Inc., a Colorado corporation.

           

          
            
               

            

            
              - 24
-

              
                

              

            

            
               

            

          

          “Parent Balance Sheet”
and “Parent Balance
Sheet Date” shall have the meanings assigned to them in Section 3.13
hereof.

           

          “Parent Common Stock”
shall have the meaning assigned to it in Section 3.4 hereof.

           

          “Parent Employee Benefit
Plans” shall have the meaning assigned to it in Section 3.16
hereof.

           

          “Parent Financial
Statements” shall have the meaning assigned to it in Section 3.8
hereof.

           

           “Parent SEC Documents”
shall have the meaning assigned to it in Section 3.7(b) hereof.

           

          “Parent Warrants”
shall have the meaning assigned to it in Section 1.7(a) hereof.

           

          “Patent and Trademark
Rights” shall have the meaning assigned to it in Section 2.15
hereof.

           

          “Permitted Liens”
shall mean (a) Liens for taxes and assessments or governmental charges or levies
not at the time due or in respect of which the validity thereof shall currently
be contested in good faith by appropriate proceedings; (b) Liens in respect of
pledges or deposits under workmen’s compensation laws or similar legislation,
carriers’, warehousemen’s, mechanics’, laborers’ and similar Liens, if the
obligations secured by such Liens are not then delinquent or are being contested
in good faith by appropriate proceedings; and (c) Liens incidental to the
conduct of the business of the Company that were not incurred in connection with
the borrowing of money or the obtaining of advances or credits and which do not
in the aggregate materially detract from the value of its property or materially
impair the use made thereof by the Company in its business.

           

          “Person” shall include
all natural persons, corporations, business trusts, associations, limited
liability companies, partnerships, joint ventures and other entities and
governments and agencies and political subdivisions.

           

          “Private Offering”
shall have the meaning assigned to it in the fourth recital hereof.

           

          “Securities Act” shall
mean the Securities Act of 1933, as amended.

           

          “Stockholders” shall
mean all of the stockholders of the Company.

           

          “Subsidiaries” shall
have the meaning assigned to it in Section 2.1(b) hereof.

           

          “Surviving
Corporation” shall have the meaning assigned to it in Section 1.1
hereof.

           

          
            
               

            

            
              - 25
-

              
                

              

            

            
               

            

          

          “Tax” or “Taxes” shall mean (a)
any and all taxes, assessments, customs, duties, levies, fees, tariffs, imposts,
deficiencies and other governmental charges of any kind whatsoever (including,
but not limited to, taxes on or with respect to net or gross income, franchise,
profits, gross receipts, capital, sales, use, ad valorem, value added, transfer,
real property transfer, transfer gains, transfer taxes, inventory, capital
stock, license, payroll, employment, social security, unemployment, severance,
occupation, real or personal property, estimated taxes, rent, excise, occupancy,
recordation, bulk transfer, intangibles, alternative minimum, doing business,
withholding and stamp), together with any interest thereon, penalties, fines,
damages costs, fees, additions to tax or additional amounts with respect
thereto, imposed by the United States (federal, state or local) or other
applicable jurisdiction; (b) any liability for the payment of any amounts
described in clause (a) as a result of being a member of an affiliated,
consolidated, combined, unitary or similar group or as a result of transferor or
successor liability, including, without limitation, by reason of Regulation
section 1.1502-6; and (c) any liability for the payments of any amounts as a
result of being a party to any Tax Sharing Agreement or as a result of any
express or implied obligation to indemnify any other Person with respect to the
payment of any amounts of the type described in clause (a) or (b).

           

          “Tax Return” shall
include all returns and reports (including elections, declarations, disclosures,
schedules, estimates and information returns (including Form 1099 and
partnership returns filed on Form 1065) required to be supplied to a Tax
authority relating to Taxes.

           

          11.           Closing

           

          .  The
closing of the Merger (the “Closing”) shall occur
concurrently with the Effective Time (the “Closing
Date”).  The Closing shall occur at the offices of Bathgate
Capital Partners, LLC.  At the Closing, Parent shall present for
delivery to each Stockholder the certificate representing the Parent Common
Stock to be issued pursuant to Section 1.5(a)(ii) hereof to them pursuant to
Sections 1.6 and 4 hereof.  Such presentment for delivery shall be
against delivery to Parent and Acquisition Corp. of the certificates, opinions,
agreements and other instruments referred to in Section 7.1 hereof, and the
certificates representing all of the Common Stock issued and outstanding
immediately prior to the Effective Time. Parent will deliver at such Closing to
the Company the officers’ certificate and opinion referred to in Section 7.2
hereof. All of the other documents, certificates and agreements referenced in
Section 7 will also be executed as described therein. At the Effective Time, all
actions to be taken at the Closing shall be deemed to be taken
simultaneously.

           

          12.           Termination Prior to
Closing.

           

          12.1                      Termination of
Agreement

           

          .  This
Agreement may be terminated at any time prior to the Closing:

           

          (a)           By
the mutual written consent of the Company, Acquisition Corp. and
Parent;

           

          (b)           By
the Company, if Parent or Acquisition Corp. (i) fails to perform in any material
respect any of its agreements contained herein required to be performed by it on
or prior to the Closing Date, (ii) materially breaches any of its
representations, warranties or covenants
contained herein, which failure or breach is not cured within thirty (30) days
after the Company has notified Parent and Acquisition Corp. of its intent to
terminate this Agreement pursuant to this paragraph (b);

           

          
            
               

            

            
              - 26
-

              
                

              

            

            
               

            

          

           

          (c)           By
Parent and Acquisition Corp., if the Company (i) fails to perform in any
material respect any of its agreements contained herein required to be performed
by it on or prior to the Closing Date, (ii) materially breach any of its
representations, warranties or covenants contained herein, which failure or
breach is not cured within thirty (30) days after Parent or Acquisition Corp.
has notified the Company of its intent to terminate this Agreement pursuant to
this paragraph (c);

           

          (d)           By
either the Company, on the one hand, or Parent and Acquisition Corp., on the
other hand, if there shall be any order, writ, injunction or decree of any court
or governmental or regulatory agency binding on Parent, Acquisition Corp. or the
Company, which prohibits or materially restrains any of them from consummating
the transactions contemplated hereby; provided, that the
parties hereto shall have used their best efforts to have any such order, writ,
injunction or decree lifted and the same shall not have been lifted within
ninety (90) days after entry, by any such court or governmental or regulatory
agency;

           

          (e)           By
the Parent and Acquisition Corp., if they deem in their sole and complete
discretion, that the final audited financials statements yet to be provided by
the Company under Section 2.9 are materially different in any aspect from the
unaudited financial statements which have previously been provided as of
November 14, 2008;

           

          (f)           By
the Parent and Acquisition Corp., if they deem in their sole and complete
discretion, that the accrued salaries and debt owed by the Company to its
officers and directors exceed $175,000, in the aggregate; provided, however,
that an obligation by the Company to pay up to an aggregate of $175,000 in
accrued salaries owed by the Company to its officers and directors, no debt owed
by the Company to its officers and directors, and a commitment to issue up to
115,000 common shares of the Company in exchange for salaries and debt owed by
the Company to its officers and directors will be deemed acceptable to the
Parent and Acquisition Corp.;

           

          (g)           By
the Parent and Acquisition Corp., in their sole and complete discretion, that
the Company’s obligations under its Sponsored Research Agreement or License
Agreements with CU Regents are in default and not capable of being cured;
or

           

          (h)           By
the Parent and Acquisition Corp., if they deem in their sole and complete
discretion, that any aspect of the Company’s business or status is materially
different from its situation as disclosed to the Parent and Acquisition Corp. by
the Company as of November 14, 2008;

           

          (i)           By
either the Company, on the one hand, or Parent and Acquisition Corp., on the
other hand, if the Closing has not occurred on or prior to FEBRUARY 11, 2009 for
any reason other than delay or nonperformance of the party seeking such
termination.

           

          
            
               

            

            
              - 27
-

              
                

              

            

            
               

            

          

          12.2                      Termination of
Obligations

           

          .  Termination
of this Agreement pursuant to this Section 12 shall terminate all obligations of
the parties hereunder, except for the obligations under Sections 6.1, 13.3 and
13.9; provided,
however, that
termination pursuant to paragraphs (b) or (c) of Section 12.1 shall not relieve
the defaulting or breaching party or parties from any liability to the other
parties hereto.

           

          13.           Miscellaneous.

           

          13.1                      Notices

           

          .  Any
notice, request or other communication hereunder shall be given in writing and
shall be served either personally by overnight delivery or delivered by mail,
certified return receipt and addressed to the following addresses:

           

          If to
Parent

          or
Acquisition Corp.:     Across America Financial Services,
Inc.

          700
Seventeenth Street, Suite 1200

          Denver,
Colorado 80202

           

          Attention:  Mr.
Brian L. Klemsz, President and CEO

           

          
            	
                     
      

                  	
                    With
      a copy to:

                  	
                    David
      Wagner & Associates, P.C.

                  

          

          8400 East
Prentice Avenue

          Penthouse
Suite

          Greenwood
Village, Colorado  80111

          

          Attention:  David
Wagner, Esq.

           

          If to the
Company:        APRO BIO Pharmaceutical
Corporation

          5350
South Roslyn, 400

          Greenwood
Village, CO  80111

          Attention:  Ms.
Vicki D.E. Barone, Chair and CEO

           

          With a
copy to:

          Krys
Boyle, P.C.

          Suite
2700 South Tower

          600
Seventeenth Street

          Denver,
Colorado 80202

          

          Attention:  Russell
Bean, Esq.

           

          Notices
shall be deemed received at the earlier of actual receipt or three (3) business
days following mailing.  Counsel for a party (or any authorized
representative) shall have authority to accept delivery of any notice on behalf
of such party.

           

          13.2                      Entire
Agreement

           

          .  This
Agreement, including the schedules and exhibits attached hereto and other
documents referred to herein, contains the entire understanding of the parties
hereto with respect to the subject matter hereof.  This Agreement
supersedes all prior agreements and undertakings between the parties with
respect to such subject matter.

           

          
            
               

            

            
              - 28
-

              
                

              

            

            
               

            

          

          13.3                      Expenses

           

          .  Each
party shall bear and pay all of the legal, accounting and other expenses
incurred by it in connection with the transactions contemplated by this
Agreement.

           

          13.4                      Time

           

          .  Time
is of the essence in the performance of the parties’ respective obligations
herein contained.

           

          13.5                      Severability

           

          .  Any
provision of this Agreement that is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining
provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any
other jurisdiction.

           

          13.6                      Successors and
Assigns

           

          .  This
Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective successors, assigns and heirs.

           

          13.7                      No Third Parties
Benefited

           

          .  This
Agreement is made and entered into for the sole protection and benefit of the
parties hereto, their successors, assigns and heirs, and no other Person shall
have any right or action under this Agreement.

           

          13.8                      Counterparts

           

          .  This
Agreement may be executed in one or more counterparts, with the same effect as
if all parties had signed the same document. Each such counterpart shall be an
original, but all such counterparts together shall constitute a single
agreement.

           

          13.9                      Governing
Law

           

          .  This
Agreement shall be governed by and construed and enforced in accordance with the
laws of the State of Colorado.  The parties to this Agreement agree
that any breach of any term or condition of this Agreement or the transactions
contemplated hereby shall be deemed to be a breach occurring in the State of
Colorado by virtue of a failure to perform an act required to be performed in
the State of Colorado.  The parties to this Agreement irrevocably and
expressly agree to submit to the jurisdiction of the courts of the State of
Colorado for the purpose of resolving any disputes among the parties relating to
this Agreement or the transactions contemplated hereby.  The parties
irrevocably waive, to the fullest extent permitted by law, any objection which
they may now or hereafter have to the laying of venue of any suit, action or
proceeding arising out of or relating to this Agreement and the transactions
contemplated hereby, or any judgment entered by any court in respect hereof
brought in Denver, Colorado, and further irrevocably waive any claim that any
suit, action or proceeding brought in Denver, Colorado has been brought in an
inconvenient forum.  With respect to any action before the above
courts, the parties hereto agree to service of process by certified or
registered United States mail, postage prepaid, addressed to the party in
question.

           

          

           

          [SIGNATURE
PAGE FOLLOWS]

           

          
            
               

            

            
              - 29
-

              
                

              

            

            
               

            

          

          IN
WITNESS WHEREOF, the parties hereto have executed this Agreement to be binding
and effective as of the day and year first above written.

           

          
            	 
      	
                    PARENT:

                     

                    ACROSS
      AMERICA FINANCIAL SERVICES, INC.

                    By:   /s/ Brian L.
      Klemsz

                    Brian
      L. Klemsz

                    President
      and Chief Executive Officer

                     

                     

                  
	 
      	
                    ACQUISITION
      CORP.:

                     

                    ACROSS
      AMERICA ACQUISITION CORP.

                    By:   /s/ Brian L.
      Klemsz

                    Brian
      L. Klemsz

                    President
      and Chief Executive Officer

                     

                     

                  
	 
      	
                    THE
      COMPANY:

                     

                    APRO
      BIO PHARMACEUTICAL CORPORATION

                    By: /s/
      Vicki D.E.
      Barone      

                    Vicki
      D.E. Barone

                    Chairman

                  

          

          

          
 

           

          
            
               

            

            
              - 30
-remotemdx8k112108ex.htm

    
      

      

    

    
      PROMISSORY
NOTE

       

       

      
        	
                Principal
      Amount:

              	
                $1,000,000.00

              	
                Date:
      November 21,
      2008

              
	
                Borrower
      Address:

              	
                RemoteMDx,
      Inc.

              	 
      
	 
      	
                150 West Civic Center
      Drive, Ste. 400

              	 
      
	 
      	
                Sandy, UT
      84070

              	 
      
	 
      	 
      	 
      
	
                Lender
      Address:

              	
                David
      Derrick

              	 
      
	 
      	
                1401 North Highway 89,
      Suite 240

              	 
      
	 
      	
                Farmington, UT
      84025

              	 
      

      

       

      1.         PROMISE
TO PAY AND INTEREST.

       

      For value
received, the undersigned (“Borrower”), promises
to pay to David Derrick, an individual (“Lender”), at its above office, or at
such other place as Lender may designate in writing, in lawful money of the
United States of America, the principal sum of ONE MILLION DOLLARS
($1,000,000.00), with interest thereon from the date advanced at 15% rate per
annum (“Interest
Rate”).  In addition, the Borrower will pay the Lender an
origination fee of 5% of the principal sum in the amount of FIFTY THOUSAND
DOLLARS ($50,000.00) in cash and ONE HUNDRED THOUSAND (100,000) shares of
RemoteMDx restricted common stock.

       

      2.         MATURITY
DATE.

       

      Principal
and interest shall be due and payable upon the Lender receiving cash proceeds of
$1,000,000.00 or more from the sale of common stock or other additional
financing activities or seventy-five (75) days from origination and delivery
herewith, whichever comes first (“Maturity
Date”).

       

      On the
Maturity Date Borrower shall pay to Lender the unpaid principal, all accrued and
unpaid interest, and all other amounts (“Other Amounts”)
payable by Borrower to Lender under the Promissory Note.

       

      Principal,
interest, and Other Amounts not paid when due and any judgment therefor shall
bear interest from its due date or the judgment date, as applicable, until paid
at a rate (“Default
Rate”) equal to eighteen percent (18%) per annum.

       

      All
interest under the Loan Documents shall be computed on the basis of a 360-day
year and accrue on a daily basis for the actual number of days
elapsed.  Borrower agrees to pay an effective rate of interest that is
the sum of (i) the interest rate provided herein and (ii) any additional rate of
interest resulting from any other charges or fees paid or to be paid in
connection herewith that are determined to be interest or in the nature of
interest.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      3.         APPLICATION
OF PAYMENTS.

       

      At the
option of Lender, payments shall be applied to principal, interest, and Other
Amounts in the order Lender determines from time to time.

       

      4.         PREPAYMENT.

       

      Borrower
may prepay the outstanding principal balance hereof, in whole or in part, at any
time prior to the Maturity Date without penalty or premium.  At the
option of Lender, in its absolute and sole discretion, any prepayment shall be
applied to any installments coming due hereunder in the inverse order of their
due dates.

       

      5.         EVENT
OF DEFAULT.

       

      The
occurrence of any of the following shall be deemed to be an event of default
(“Event of
Default”) in the payment of principal or interest when due pursuant to
the terms hereof and the expiration of five (5) days after written notice of
such default from Lender to Borrower.

      

      6.         REMEDIES.

       

      Upon the
occurrence of an Event of Default, then at the option of the holder hereof, the
entire balance of principal together with all accrued interest thereon, and all
other amounts payable by Borrower under the Loan Documents shall, without demand
or notice, immediately become due and payable.  Upon the occurrence of
an Event of Default (and so long as such Event of Default shall continue), the
entire balance of principal hereof, together with all accrued interest thereon,
all other amounts due under the Loan Documents, and any judgment for such
principal, interest, and other amounts shall bear interest at the Default Rate,
subject to the limitations contained in Section 3
hereof.  No delay or omission on the part of the holder hereof in
exercising any right under this Note or under any of the other Loan Documents
hereof shall operate as a waiver of such right.

       

      7.         ATTORNEYS’
FEES.

       

      If this
Note is not paid when due or if any Event of Default occurs, Borrower promises
to pay all costs of enforcement and collection and preparation therefor,
including but not limited to, reasonable attorneys’ fees, whether or not any
action or proceeding is brought to enforce the provisions hereof (including,
without limitation, all such costs incurred in connection with any bankruptcy,
receivership, or other court proceedings (whether at the trial or appellate
level)).

       

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

       

      8.         SEVERABILITY.

       

      If any
provision of this Note is unenforceable, the enforceability of the other
provisions shall not be affected and they shall remain in full force and
effect.

       

      9.         CHOICE
OF LAW.

       

      The Loan
Documents shall be governed by the law of the State of Utah, without giving
effect to conflict of laws principles.

       

      10        BINDING
EFFECT.

       

      The Loan
Documents will be binding upon, and inure to the benefit of, the holder hereof,
Borrower, and their respective successors and assigns.  Borrower may
not delegate its obligations under the Loan Documents.

       

      11.       TIME
OF THE ESSENCE.

       

      Time is
of the essence with regard to each provision of the Loan Documents as to which
time is a factor.

       

      12.       SURVIVAL.

       

      The
representations, warranties, and covenants of the Borrower in the Loan Documents
shall survive the execution and delivery of the Loan Documents and the making of
the Loan.

       

      
        	 
      	
                REMOTEMDX,
      INC. a Utah corporation

              
	 
      	
                By: /s/ John L. Hastings,
      III

              
	 
      	
                Name:  John L.
      Hastings, III

              
	 
      	
                Title:  President

              
	 
      	 
      
	 
      	 
      
	 
      	 
      
	 
      	
                By: /s/ David
      Derrick

              
	 
      	
                Name:  David
      Derrick

              

      

       

      
 

       

      
        3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00150-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00150-of-00352.parquet"}]]