Document:

Unassociated Document

    TECHNOLOGY
      ASSIGNMENT AGREEMENT

    

    This
      Agreement is entered as of September ____, 2005 between Solar Night Industries,
      Inc., a Delaware corporation (the "Company"), and Jason Loyet, an individual,
      and Loy Corp, L.L.C., a Missouri limited liability company owned solely by
      Jason
      Loyet (collectively with Jason Loyet, the "Developer"). 

    

    1. Assignment

    

    Developer
      hereby assigns to the Company exclusively throughout the world all right, title
      and interest (choate or inchoate) in (i) the subject matter referred to in
      Exhibit A ("Technology"), (ii) all precursors, portions and work in progress
      with respect thereto and all inventions, works of authorship, mask works,
      technology, information, know-how, materials and tools relating thereto or
      to
      the development, support or maintenance thereof and (iii) all copyrights, patent
      rights, trade secret rights, trademark rights, mask works rights, sui generis
      database rights and all other intellectual and industrial property rights of
      any
      sort and all business, contract rights, causes of action, and goodwill in,
      incorporated or embodied in, used to develop, or related to any of the foregoing
      (collectively "Intellectual Property"). 

    

    2. Consideration

    

    The
      Company agrees to issue to Jason Loyet 83,333 and one-third shares of common
      stock of the Company on the date of this Agreement. Such shares shall be the
      only consideration required of the Company with respect to the subject matter
      of
      this Agreement. 

    

    3. Further
      Assurances; Moral Rights; Competition; Marketing

    

    3.1 Developer
      agrees to assist the Company in every legal way to evidence, record and perfect
      the Section 1 assignment and to apply for and obtain recordation of and from
      time to time enforce, maintain, and defend the assigned rights. If the Company
      is unable for any reason whatsoever to secure the Developer's signature to
      any
      document it is entitled to under this Section 3.1, Developer hereby irrevocably
      designates and appoints the Company and its duly authorized officers and agents,
      as his agents and attorneys-in-fact with full power of substitution to act
      for
      and on his behalf and instead of Developer, to execute and file any such
      document or documents and to do all other lawfully permitted acts to further
      the
      purposes of the foregoing with the same legal force and effect as if executed
      by
      Developer.

    

    3.2 To
      the
      extent allowed by law, Section 1 includes all rights of paternity, integrity,
      disclosure and withdrawal and any other rights that may be known as or referred
      to as "moral rights," "artist's rights," "droit moral" or the like (collectively
      "Moral Rights"). To the extent Developer retains any such Moral Rights under
      applicable law, Developer hereby ratifies and consents to, and provides all
      necessary ratifications and consents to, any action that may be taken with
      respect to such Moral Rights by or authorized by Company; Developer agrees
      not
      to assert any Moral Rights with respect thereto. Developer will confirm any
      such
      ratifications, consents and agreements from time to time as requested by
      Company. 

    

    
      
         

      

      
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    4. Confidential
      Information

    

    Developer
      will not use or disclose anything assigned to the Company hereunder or any
      other
      technical or business information or plans of the Company, except to the extent
      Developer (i) can document that it is generally available (through no fault
      of
      Developer) for use and disclosure by the public without any charge, license
      or
      restriction, or (ii) is permitted to use or disclose such information or plans
      pursuant to the Proprietary Information and Inventions Agreement by and between
      Developer and the Company of even date herewith. Developer recognizes and agrees
      that there is no adequate remedy at law for a breach of this Section 4, that
      such a breach would irreparably harm the Company and that the Company is
      entitled to equitable relief (including, without limitations, injunctions)
      with
      respect to any such breach or potential breach in addition to any other
      remedies.

    

    5. Warranty

    

    Developer
      represents and warrants to the Company that the Developer: (i) was the sole
      owner of all rights, title and interest in the Intellectual Property and the
      Technology, (ii) has not assigned, transferred, licensed, pledged or otherwise
      encumbered any Intellectual Property or the Technology or agreed to do so,
      (iii)
      has full power and authority to enter into this Agreement and to make the
      assignment as provided in Section 1, (iv) is not aware of any violation,
      infringement or misappropriation of any third party's rights (or any claim
      thereof) by the Intellectual Property or the Technology, (v) was not acting
      within the scope of employment by any third party when conceiving, creating
      or
      otherwise performing any activity with respect to anything purportedly assigned
      in Section 1, and (vi) is not aware of any questions or challenges with respect
      to the patentability or validity of any claims of any existing patents or patent
      applications relating to the Intellectual Property.

    

    6. Miscellaneous

    

    This
      Agreement is not assignable or transferable by Developer without the prior
      written consent of the Company; any attempt to do so shall be void. Any notice,
      report, approval or consent required or permitted hereunder shall be in writing
      and will be deemed to have been duly given if delivered personally or mailed
      by
      first-class, registered or certified U.S. mail, postage prepaid to the
      respective addresses of the parties as set below (or such other address as
      a
      party may designate by ten (10) days notice). No failure to exercise, and no
      delay in exercising, on the part of either party, any privilege, any power
      or
      any rights hereunder will operate as a waiver thereof, nor will any single
      or
      partial exercise of any right or power hereunder preclude further exercise
      of
      any other right hereunder. If any provision of this Agreement shall be adjudged
      by any court of competent jurisdiction to be unenforceable or invalid, that
      provision shall be limited or eliminated to the minimum extent necessary so
      that
      this Agreement shall otherwise remain in full force and effect and enforceable.
      This Agreement shall be deemed to have been made in, and shall be construed
      pursuant to the laws of the State of Missouri and the United States without
      regard to conflicts of laws provisions thereof. The prevailing party in any
      action to enforce this Agreement shall be entitled to recover costs and expenses
      including, without limitation, attorneys' fees. The terms of this Agreement
      are
      confidential to the Company and no press release or other written or oral
      disclosure of any nature regarding the compensation terms of this Agreement
      shall be made by Developer without the Company's prior written approval;
      however, approval for such disclosure shall be deemed given to the extent such
      disclosure is required to comply with governmental rules. Any waivers or
      amendments shall be effective only if made in writing and signed by a
      representative of the respective parties authorized to bind the parties. Both
      parties agree that this Agreement is the complete and exclusive statement of
      the
      mutual understanding of the parties and supersedes and cancels all previous
      written and oral agreements and communications relating to the subject matter
      of
      this Agreement. 

    

    
      
         

      

      
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    IN
      WITNESS WHEREOF, the parties have executed this Agreement on the day and year
      first indicated above.

     

     

    
      	___________________________________________________	 	 
	By: ________________________________________________  	 	 
	Name: ______________________________________________ 	 	 
	Title:  ______________________________________________ 	 	 
	Address: ___________________________________________ 	 	 
	___________________________________________________ 	 	 
	Address: ___________________________________________ 	 	 
	___________________________________________________ 	 	 

    

    

    

    
      
         

      

      
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    EXHIBIT
      A

    TECHNOLOGY
      ASSIGNMENT AGREEMENT

    

    All
      Intellectual Property owned by Loy Corp, L.L.C. and/or Jason Loyet relating
      to
      Solar Flowers, any components of solar flowers, and any other technology
      relating to any products now produced or potentially produceable with respect
      to
      such technology.

     

     

     

     

     

    
      
         

      

      
        4Unassociated Document

    ASSIGNMENT
      AND ASSUMPTION AGREEMENT

    

    THIS
      ASSIGNMENT AND ASSUMPTION AGREEMENT (“Agreement”) is made as of the ____day of
      September, 2005 between Loy Corp, L.L.C. (“Seller”) and Solar Night Industries,
      Inc. (“Purchaser”).

    

    NOW,
      THEREFORE, in consideration of the premises and mutual covenants described
      herein and in the Purchase Agreement, the parties hereby agree as follows:
      

    

    1. Seller
      does hereby sell, assign, transfer and set over to Purchaser the entire right,
      title and interest of Seller in, to the following (the “Purchased
      Assets”):

    

    (a)  all
      claims and rights (and benefits arising therefrom) with or against all persons
      (as herein defined) whomsoever relating to the Purchased Assets, including,
      without limitation, rights against suppliers under warranties covering any
      of
      the inventory or equipment of Seller sold to Purchaser;

    

    (b)  all
      of
      Seller’s right to use the any and all trade names used by Seller and all other
      intellectual property used in the Business, including, without limitation,
      patents (including design patents, industrial designs and utility models),
      know
      how, unpatented inventions, trade secrets, secret formulas, processes and
      designs, confidential and technical information, manufacturing, engineering
      and
      technical drawings, product specifications, business and marketing plans,
      copyrights and registrations thereof, trademarks, service marks, trade names,
      trade dress, brands, logos and slogans and registrations thereof, and
      intellectual property rights similar to any of the foregoing (collectively,
      “Intellectual
      Property”),
      and
      all goodwill associated with the Intellectual Property, together with the right
      to sue for and recover remedies against past, present and future infringement
      thereof;

    

    (c)  all
      contracts, agreements, undertakings and other arrangements to which the Company
      is a party with respect to the Business or by which the Purchased Assets or
      the
      Business are bound, including, without limitation, sales orders and sales
      contracts, purchase orders and purchase contracts, quotations and bids, service
      agreements, distribution agreements, and supply agreements (the “Contracts”);
      and

    

     

    (d)  all
      books, records and other information, including, without limitation, customer
      lists, customer records, sales, marketing and promotional materials, catalogues
      and advertising literature relating to the business of Seller or copies
      thereof.

     

    3. In
      consideration of the obligations of Seller under the Purchase Agreement and
      the
      assignment to Purchaser of the Assumed Liabilities and the Purchased Assets,
      Purchaser does hereby (i) assume the following specific liabilities of Sellers
      all Obligations under the Contracts, to the extent such arise after Closing
      and
      are not attributable to a breach of such by Seller prior to Closing; and (ii)
      agree to pay to Seller $57,000 pursuant to the Note attached hereto as Exhibit
      A.

    

    
      
        
        

      

      
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    4. This
      instrument is subject to all of the terms and conditions of the Purchase
      Agreement. 

    

    5. This
      instrument shall be binding upon and inure to the benefit of Purchaser and
      Sellers and their respective successors and assigns.

    

    6. This
      instrument may be executed in multiple counterparts, each of which shall be
      deemed an original, and all of which shall constitute one and the same
      instrument. 

    

    7. This
      instrument shall be governed by and construed under Missouri law, without regard
      to conflict of laws thereof.

    

    IN
      WITNESS WHEREOF, the parties have executed this Assignment and Assumption
      Agreement as of the date first written above. 

    

      

     

     

    
      	SOLAR NIGHT INDUSTRIES, INC.	LOY CORP, L.L.C.
	 	 
	By:
              ______________________________________________________	______________________________________________________ 
	    Name:	Jason Loyet, Manager
	    Title:	 
	 	 

    

    

    

                 

          

    

    
      
        
        

      

      
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