Document:

Exhibit 10.78

 Exhibit 10.78 
 CONSENT 
 This CONSENT, dated as of November 2,
2009 (this “Consent”), related to the Credit Agreement dated as of July 3, 2006 (as amended to the date hereof, the “Credit Agreement”) among Intelsat Intermediate Holding Company, Ltd.
(“Holdings”), Intelsat Subsidiary Holding Company, Ltd. (the “Borrower”), the institutions party thereto as Lenders (the “Lenders”) and Credit Suisse, Cayman Islands Branch, in its capacity as
administrative agent for the Lenders and as agent for the Secured Parties (in such capacity, the “Administrative Agent”), is entered into by Holdings, the Borrower, the Lenders executing this Consent and the Administrative Agent.
Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Credit Agreement. 
 WITNESSETH: 
 WHEREAS, the Borrower has informed the Administrative Agent that each of Holdings, the Borrower and
certain other parent companies of Holdings incorporated in Bermuda expect to re-domesticate to move their place of incorporation from Bermuda to Luxembourg (the “Migration”) prior to January 31, 2010 (such date of consummation
of the Migration, the “Migration Date”); 
 WHEREAS, the Borrower has requested that the Administrative Agent
and the Required Lenders enter into this Consent to facilitate compliance with the further assurances and related provisions of the Credit Documents in connection with the Migration. 
 NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration (the receipt and sufficiency of which is
hereby acknowledged), the parties hereto hereby agree as follows: 
 Section 1. Consents 
 Subject to the satisfaction of the conditions precedent set forth in Section 2 of this Consent, each Lender executing a counterpart of
this Consent hereby agrees that in connection with the Migration, (i) the Administrative Agent and each of Holdings and the Borrower, as applicable, are authorized to enter into any and all agreements, documents or other instruments governed by
the laws of Luxembourg and any other applicable jurisdiction and reasonably satisfactory to the Administrative Agent (collectively, the “New Collateral Documents”), as the Administrative Agent deems reasonably necessary or
appropriate to pledge and perfect the shares of the Borrower held by Holdings and the assets of the Borrower and Holdings currently pledged under the Bermuda Pledge Agreement and Bermuda Security Agreement, other than certain immaterial assets
(including tangible personal property) that cannot be pledged and/or perfected after the use of commercially reasonable efforts, (ii) upon the effectiveness of the New Collateral Documents, Holdings and the Borrower shall be deemed to have
complied with the Credit Agreement, including Section 9.15(a) thereof, and the Security Documents and other Credit Documents, and the Migration, or any part thereof, shall not be deemed to cause a Default under any Credit Document and
(iii) the Borrower, Holdings and the Administrative Agent may on or after the Migration Date discharge and terminate the Bermuda Pledge Agreement and the Assignment of Inter-Company Loans (referred to in clause (ii) in the definition of
“Bermuda Security Agreement” in the Credit Agreement) and make such amendments to the Debenture (referred to in clause (i) in such definition) as the Administrative Agent deems reasonably necessary and appropriate. 

 Section 2. Conditions Precedent to the Effectiveness of this Consent 

 This Consent shall be effective upon the satisfaction of the following conditions precedent (the “Effective
Date”): 
 (a) Executed Counterparts. The Administrative Agent shall have received this Consent, duly executed
by Holdings, the Borrower, the Administrative Agent and the Required Lenders; 
 (b) Fees and Expenses Paid. The Borrower
shall have paid all reasonable out-of-pocket costs and expenses of the Administrative Agent in connection with the preparation, reproduction, execution and delivery of this Consent (including, without limitation, the reasonable fees and
out-of-pocket expenses of counsel) and all other costs, expenses and fees due under any Credit Document; 
 (c)
Representations and Warranties. The representations and warranties in Section 3 hereof shall be true and correct; and 
 (d) Consent Fees Paid. The Administrative Agent shall have received, for the account of each Lender who has returned an executed signature page to this Consent on or prior to 5:00 p.m., New York City time, on November 2, 2009
and has not waived in writing its fee referenced in this clause (d), a fee in an amount equal to 0.05% of such consenting Lender’s outstanding Term Loans and Revolving Credit Commitments on such date. 
 Section 3. Representations and Warranties 
 On and as of the Effective Date, after giving effect to this Consent, the Borrower hereby represents and warrants to the Administrative Agent and each Lender as follows: 
 (a) this Consent has been duly authorized, executed and delivered by the Borrower and Holdings and constitutes the legal, valid and binding
obligations of each of the Borrower and Holdings, enforceable against the Borrower and Holdings in accordance with its terms; except to the extent that enforceability may be subject to applicable bankruptcy, insolvency, reorganization, moratorium or
other similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles; 
 (b)
each of the representations and warranties contained in Section 8 of the Credit Agreement and each other Credit Document is true and correct in all material respects (or, in the case of any representation or warranty that by its terms is
qualified by materiality or by reference to a Material Adverse Effect or by any concept of similar import, each such representation and warranty is true and correct in all respects) on and as of the Effective Date, as if made on and as of such date
and except to the extent that such representations and warranties specifically relate to a specific date, in which case such representations and warranties were true and correct in all material respects (or, in the case of any representation or
warranty that by its terms is qualified by materiality or by reference to a Material Adverse Effect or by any concept of similar import, each such representation and warranty was true and correct in all respects) as of such specific date;
provided, however, that references therein to the “Credit Agreement” or any other Credit Document shall be deemed to refer to the Credit Agreement or such other Credit Document as amended hereby and after giving effect to the
consents set forth herein; and 
 (c) no Default or Event of Default has occurred and is continuing. 
  

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 Section 4. Execution in Counterparts 
 This Consent may be executed in any number of counterparts and by different parties in separate counterparts, each of which when so executed
shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signature pages are
attached to the same document. Delivery of an executed counterpart by electronic transmission shall be effective as delivery of a manually executed counterpart of this Consent. 
 Section 5. Governing Law 
 This Consent shall be governed by and construed in accordance with the law of the State of New York. 
 Section 6. Section Titles 
 The section titles contained in
this Consent are and shall be without substantive meaning or content of any kind whatsoever and are not a part of the agreement between the parties hereto, except when used to reference a section. 
 Section 7. Notices 
 All communications and notices hereunder shall be given as provided in the Credit Agreement. 
 Section 8. Severability 
 The fact that any term or provision of
this Consent is held invalid, illegal or unenforceable as to any person in any situation in any jurisdiction shall not affect the validity, enforceability or legality of the remaining terms or provisions hereof or the validity, enforce-ability or
legality of such offending term or provision in any other situation or jurisdiction or as applied to any person. 
 Section 9. Effect on the Credit Documents 
 (a) On and after the Migration Date, all references in
the Credit Documents to “Bermuda” as the jurisdiction of organization of each of Holdings and the Borrower (and related terms such as “company”) shall be references to “Luxembourg” (and conforming related terms such as
“société anonyme”). 
 (b) Except as expressly provided above, all of the terms and provisions of the
Credit Agreement and all other Credit Documents are and shall remain in full force and effect and are hereby ratified and confirmed. 
 (c) The execution, delivery and effectiveness of this Consent shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of the Lenders, the Borrower, any other Credit Party, the Joint Lead Arrangers
or any Agent under any of the Credit Documents, nor constitute a waiver or amendment of any other provision of any of the Credit Documents or for any purpose except as expressly set forth herein. 
  

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 (d) For all purposes under the Credit Agreement and the other Credit Documents, this Consent
shall constitute a Credit Document, any pledge agreement entered into in connection with the Migration shall constitute a Pledge Agreement, any security agreement entered into in connection with the Migration shall constitute a Security Agreement
and the New Collateral Documents shall constitute Security Documents. 
 Section 10. Successors 

The terms of this Consent shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and
assigns. 
 Section 11. Waiver of Jury Trial 
 EACH OF THE PARTIES HERETO IRREVOCABLY
WAIVES TRIAL BY JURY IN ANY ACTION OR PROCEEDING WITH RESPECT TO
THIS CONSENT OR ANY OTHER CREDIT DOCUMENT. 
 [SIGNATURE PAGES FOLLOW] 
  

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 IN WITNESS WHEREOF, the parties hereto have
caused this Consent to be executed by their respective officers and general partners thereunto duly authorized, as of the date first written above. 
  

			
	 INTELSAT INTERMEDIATE HOLDING COMPANY, LTD.

		
	By:	 	  

		 	 Name:
 Title:

	
	 INTELSAT SUBSIDIARY HOLDING COMPANY, LTD.

		
	By:	 	  

		 	 Name:
 Title:

 Intelsat Subsidiary Holding Company, Ltd. 
 Consent 

			
	 CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as Administrative Agent

		
	By:	 	  

		 	 Name:
 Title:

 Intelsat Subsidiary Holding Company, Ltd. 
 Consent 

			
	  

	[Insert above name of Lender]
		
	By:	 	  

		 	 Name:
 Title:

 Intelsat Subsidiary Holding Company, Ltd. 
 ConsentStock Purchase Agreement

 Exhibit 10.25 
 STOCK PURCHASE AGREEMENT 
 THIS STOCK
PURCHASE AGREEMENT (this “Agreement”), entered into effective as of the 31st day of December, 2009, is by and between SURGIVISION, INC., a Delaware corporation (“SVI”), and DARA PHARMACEUTICALS,
INC., a Delaware corporation (“DARA”). SVI and DARA are referred to herein individually as a “Party” and collectively as the “Parties.” 
 W I T N E S S E T H: 
 WHEREAS, SVI and DARA are parties to that certain Stock Purchase and Loan Agreement dated as of January 30, 2009 (the “Loan Agreement”), pursuant to which, among other things,
DARA borrowed from SVI the principal sum of Five Hundred Thousand Dollars (the “Loan”); 
 WHEREAS,
DARA’s obligation to repay the Loan is evidenced by that certain Secured Promissory Note dated as of January 30, 2009 (the “Note”) in the original principal amount of Five Hundred Thousand Dollars ($500,000) and with an
interest rate of eight percent (8%) per annum; 
 WHEREAS, DARA desires to sell to SVI, and SVI desires to purchase
from DARA, five hundred thirty six thousand seven hundred twelve (536,712) shares of Common Stock held of record and beneficially owned by DARA (the “Purchase Shares”), for an aggregate purchase price of Five Hundred Thirty Six
Thousand Seven Hundred Twelve Dollars ($536,712) (the “Stock Purchase Price”); 
 WHEREAS, the Parties
desire that the entirety of the Stock Purchase Price be paid by SVI by delivery of the Note to DARA for cancellation; and 
 WHEREAS, the Parties desire to set forth in writing the terms and conditions under which said transactions will be consummated; 
 NOW, THEREFORE, in consideration of the foregoing and of the representations, warranties, covenants and agreements set forth herein, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by the Parties, the Parties hereby agree as follows: 
 ARTICLE I 

Definitions 
 “Agreement” has the meaning set forth in the preface above. 
 “Closing” has the meaning set forth in Section 3.1 below. 
 “Closing
Date” means December 31, 2009. 
  

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 “Common Stock” means SVI’s common stock, par value $.01 per share.

 “Consent” means any approval, consent, ratification, waiver or other authorization. 
 “Contemplated Transactions” means all of the transactions contemplated by this Agreement, including, without limitation,
(a) the sale of the Purchase Shares by DARA to SVI; (b) the execution and delivery by DARA and SVI, as applicable, of this Agreement and all other agreements, certificates and documents to be entered into in connection herewith; and
(c) the performance by DARA and SVI, as applicable, of their respective covenants and obligations under this Agreement and all other agreements, certificates and documents to be entered into in connection herewith. 
 “DARA” has the meaning set forth in the preface above. 
 “Derivative Securities” means any securities convertible into, or exchangeable or exercisable for, shares of Common Stock.

 “Encumbrance” means any pledge, hypothecation, assignment, deposit arrangement, lien, charge, claim,
security interest, encumbrance, preference, priority option, right of first refusal or restriction of any kind or nature whatsoever. 
 “IPO” means the first firm commitment underwritten public offering of shares of Common Stock for the account of SVI. 
 “Loan Agreement” has the meaning set forth in the preface above. 
 “Note” has the meaning set forth in the preface above. 
 “Organizational Documents”
means, with respect to a corporation, the corporation’s certificate of incorporation (or the equivalent thereof) and bylaws. 
 “Parties” has the meaning set forth in the preface above. 
 “Person” means any
individual, sole proprietorship, partnership, limited liability company, joint venture, trust, incorporated organization, association, corporation, institution, public benefit corporation, entity or government (whether federal, state, county, city,
municipal or otherwise, including, without limitation, any instrumentality, division, agency or department thereof). 
 “Purchase Shares” has the meaning set forth in the preface above. 
 “Stock Purchase
Price” has the meaning set forth in the preface above. 
 “Stockholder Agreement” means that certain
Stockholder Agreement dated as of January 30, 2009, by and between DARA and SVI. 
  

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 “SVI” has the meaning set forth in the preface above. 
 ARTICLE II 
 Purchase and Sale of Shares 
 Section 2.1 Basic Transaction. At the Closing, on and
subject to the terms and conditions of this Agreement, SVI agrees to purchase from DARA, and DARA agrees to sell, transfer, convey and deliver to SVI, all of the Purchase Shares for the Stock Purchase Price. The Stock Purchase Price shall be paid by
SVI by delivery of the Note to DARA for cancellation. SVI acknowledges and agrees that completion of the Closing shall constitute full payment and performance of all obligations of DARA under the Loan Documents (as such term is defined in the Loan
Agreement), and accordingly in connection with the Closing the Loan Documents shall be terminated and have no further force or effect. 
 ARTICLE III 
 Closing 
 Section 3.1 Closing. The closing of the Contemplated Transactions (the “Closing”) shall take place on
the Closing Date at such place as the Parties may mutually determine. 
 Section 3.2 Deliveries at the
Closing. In connection with the Closing, (a) DARA shall deliver to SVI the various agreements, certificates and other documents referred to in Section 7.1 below, and (b) SVI shall deliver to DARA the Note (marked
by SVI as “Paid In Full and Cancelled”) and the various agreements, certificates and other documents referred to in Section 7.2 below. 
 ARTICLE IV 
 Representations and Warranties of DARA 

DARA represents and warrants to SVI that the statements contained in this Article IV are correct and complete as of
the date of this Agreement and will be correct and complete as of the Closing Date. 
 Section 4.1 Corporate
Organization and Power. DARA is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware, with full corporate power and authority to conduct its business as now being conducted.

 Section 4.2 Authorization of Transaction. DARA has the full corporate power and authority (a) to
execute and deliver this Agreement and all other agreements, certificates and documents to be entered into by DARA in connection herewith, (b) to perform DARA’s obligations under this Agreement and all other agreements, certificates and
documents to be entered into by DARA in connection herewith, and (c) to consummate the Contemplated Transactions. This Agreement constitutes the valid and legally binding obligation of DARA, enforceable against DARA in accordance with its terms
and conditions. Upon execution and delivery by DARA of the other agreements, certificates and documents referred to in Section 7.1, such other agreements, certificates

  

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and documents will constitute the legal, valid, and binding obligations of DARA, enforceable against DARA in accordance with their respective terms and conditions. DARA is not required to give
any notice to, make any filing with, or obtain any Consent from, any Person in order for DARA to consummate the Contemplated Transactions, which notice, filing or consent has not already been given, made or obtained. 
 Section 4.3 Purchase Shares. DARA holds of record and owns beneficially the Purchase Shares, free and clear of any
Encumbrance, other than an Encumbrance solely in favor of SVI. DARA is not a party to any option, warrant, purchase right or other contract or commitment that could require DARA to sell, transfer or otherwise dispose of any Purchase Shares, other
than this Agreement and the Stockholder Agreement. DARA is not a party to any voting trust, proxy or other agreement or understanding with respect to the voting of any Purchase Shares. 
 Section 4.4 Noncontravention. Neither the execution and delivery of this Agreement by DARA, nor the consummation by DARA
of the Contemplated Transactions, will directly or indirectly (with or without notice of lapse of time): 
 (a) contravene,
conflict with, or result in a violation of (i) any provision of DARA’s Organizational Documents or (ii) any resolution adopted by the board of directors or the stockholders of DARA; 
 (b) contravene, conflict with, result in a violation of, or give any Person the right to challenge any of the Contemplated Transactions or
to exercise any remedy or obtain any relief under, any applicable law or any order to which DARA or any of its assets may be subject; or 
 (c) contravene, conflict with, result in a violation or breach of any provision of, or give any Person the right to declare a default or exercise any remedy under or to accelerate the maturity or
performance of or to cancel, terminate or modify, any agreement to which DARA is a party or by which it is bound. 
 Section 4.5 Brokers’ Fees. DARA has no liability or obligation to pay any fees or commissions to any broker, finder or agent with respect to the Contemplated Transactions for which SVI could become liable or
obligated. 
 Section 4.6 Sophisticated Seller. 
 (a) DARA has the knowledge and experience in financial and business matters to be capable of making an informed decision with respect to the
sale of the Purchase Shares to SVI for the Stock Purchase Price. DARA has all information and materials relating to SVI’s operations, business and properties that DARA deems necessary or appropriate to evaluate its sale of the Purchase Shares
to SVI. 
 (b) DARA understands and acknowledges that SVI makes no representations or warranties other than those
representations and warranties expressly made by SVI in Article V 

  

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below. Without limiting the generality of the foregoing, DARA understands and acknowledges that SVI makes no representation or warranty and gives no assurance to DARA with respect to the value of
SVI or any shares of Common Stock. The Stock Purchase Price represents a privately negotiated price for the Purchase Shares, and DARA has determined that the Stock Purchase Price represents fair consideration for the sale of the Purchase Shares to
SVI. 
 (c) In determining to enter into this Agreement and to consummate the Contemplated Transactions, DARA has not relied
upon (i) any representation or warranty of SVI or any of SVI’s directors, officers, employees, agents or representatives, other than those representations and warranties expressly made by SVI in Article V below, or
(ii) any non-disclosure of information by SVI or any of SVI’s directors, officers, employees, agents or representatives. DARA hereby irrevocably waives and releases SVI and SVI’s directors, officers, employees, agents and
representatives from any and all actions and claims whatsoever, whether in law or equity, relating to the determination of the amount of the Stock Purchase Price. 
 Section 4.7 Solvency. The fair salable value of DARA’s assets exceeds, and immediately following the Closing will exceed, the fair value of its liabilities (including contingent
liabilities, but excluding any deferred revenue). DARA is able, and following the Closing DARA will be able, to pay its debts (including trade debts) as they mature. DARA’s capital is not unreasonably small in relation to its business, and, as
a result of the Contemplated Transactions, DARA will not be left with unreasonably small capital. DARA has not incurred and does not intend to incur, or believe that it will incur, debts beyond its ability to pay as such debts become due.

 ARTICLE V 
 Representations and Warranties of SVI 
 SVI represents and warrants
to DARA that the statements contained in this Article V are correct and complete as of the date of this Agreement and will be correct and complete as of the Closing Date. 
 Section 5.1 Corporate Organization and Power. SVI is a corporation duly incorporated, validly existing and in good
standing under the laws of the State of Delaware, with full corporate power and authority to conduct its business as now being conducted. 
 Section 5.2 Authorization of Transaction. SVI has the full corporate power and authority (a) to execute and deliver this Agreement and all other agreements, certificates and
documents to be entered into by SVI in connection herewith, (b) to perform SVI’s obligations under this Agreement and all other agreements, certificates and documents to be entered into by SVI in connection herewith, and (c) to
consummate the Contemplated Transactions. This Agreement constitutes the valid and legally binding obligation of SVI, enforceable against SVI in accordance with its terms and conditions. Upon execution and delivery by SVI of the agreements,
certificates and other documents referred to in Section 7.2, such agreements, certificates and other documents will constitute the legal, valid, and binding obligations of SVI, enforceable against SVI in accordance

  

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with their respective terms and conditions. SVI is not required to give any notice to, make any filing with, or obtain any Consent from, any Person in order for SVI to consummate the Contemplated
Transactions, which notice, filing or consent has not already been given, made or obtained. 
 Section 5.3
Noncontravention. Neither the execution and delivery of this Agreement by SVI, nor the consummation by SVI of the Contemplated Transactions, will directly or indirectly (with or without notice of lapse of time): 
 (a) contravene, conflict with, or result in a violation of (i) any provision of SVI’s Organizational Documents or (ii) any
resolution adopted by the board of directors or the stockholders of SVI; 
 (b) contravene, conflict with, result in a violation
of, or give any Person the right to challenge any of the Contemplated Transactions or to exercise any remedy or obtain any relief under, any applicable law or any order to which SVI or any of its assets may be subject; or 
 (c) contravene, conflict with, result in a violation or breach of any provision of, or give any Person the right to declare a default or
exercise any remedy under or to accelerate the maturity or performance of or to cancel, terminate or modify, any agreement to which SVI is a party or by which it is bound. 
 Section 5.4 Brokers’ Fees. SVI has no liability or obligation to pay any fees or commissions to any broker, finder
or agent with respect to the Contemplated Transactions for which DARA could become liable or obligated. 
 Section 5.5
Sophisticated Buyer. 
 (a) SVI has the knowledge and experience in financial and business matters to be capable of
making an informed decision with respect to the purchase of the Purchase Shares for the Stock Purchase Price. SVI has all information and materials relating to SVI’s operations, business and properties that SVI deems necessary or appropriate to
evaluate its purchase of the Purchase Shares. 
 (b) SVI understands and acknowledges that DARA makes no representations or
warranties other than those representations and warranties expressly made by DARA in Article IV above. Without limiting the generality of the foregoing, SVI understands and acknowledges that DARA makes no representation or warranty and
gives no assurance to SVI with respect to the value of SVI or any shares of Common Stock. The Stock Purchase Price represents a privately negotiated price for the Purchase Shares, and SVI has determined that the Stock Purchase Price represents fair
consideration for the purchase of the Purchase Shares. 
 (c) In determining to enter into this Agreement and to consummate the
Contemplated Transactions, SVI has not relied upon (i) any representation or warranty of DARA or any of DARA’s directors, officers, employees, agents or representatives, other than those

  

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representations and warranties expressly made by DARA in Article IV above, or (ii) any non-disclosure of information by DARA or any of DARA’s directors, officers,
employees, agents or representatives. SVI hereby irrevocably waives and releases DARA and DARA’s directors, officers, employees, agents and representatives from any and all actions and claims whatsoever, whether in law or equity, relating to
the determination of the amount of the Stock Purchase Price. 
 Section 5.6 Solvency. The fair salable value
of SVI’s assets exceeds, and immediately following the Closing will exceed, the fair value of its liabilities (including contingent liabilities, but excluding any deferred revenue). SVI is able, and following the Closing SVI will be able, to
pay its debts (including trade debts) as they mature. SVI’s capital is not unreasonably small in relation to its business, and, as a result of the Contemplated Transactions, SVI will not be left with unreasonably small capital. SVI has not
incurred and does not intend to incur, or believe that it will incur, debts beyond its ability to pay as such debts become due. 
 ARTICLE VI 
 Conditions to Obligation to Close. 
 Section 6.1 Conditions to Obligation of SVI. SVI’s obligation to purchase the Purchase Shares and to take the other
actions required to be taken by SVI in connection with the Closing is subject to the satisfaction of each of the following conditions: 
 (a) the representations and warranties of DARA set forth in Article IV above shall be true and correct in all respects at and as of the Closing Date; 
 (b) no action, suit or proceeding shall be pending or, to the knowledge of SVI, threatened before any governmental body wherein an
unfavorable determination would (i) prevent consummation of any of the Contemplated Transactions, or (ii) cause any of the Contemplated Transactions to be rescinded following consummation; and 
 (c) SVI shall have received all of the agreements, certificates and other documents referred to in Section 7.1.

 Section 6.2 Conditions to Obligation of DARA. DARA’s obligation to sell the Purchase Shares and to
take the other actions required to be taken by DARA in connection with the Closing is subject to the satisfaction of each of the following conditions: 
 (a) the representations and warranties of SVI set forth in Article V above shall be true and correct in all respects at and as of the Closing Date; 
 (b) no action, suit or proceeding shall be pending or, to the knowledge of DARA, threatened before any governmental body wherein an
unfavorable determination would (i) prevent consummation of any of the Contemplated Transactions, or (ii) cause any of the Contemplated Transactions to be rescinded following consummation; and 
  

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 (c) DARA shall have received all of the agreements, certificates and other documents
referred to in Section 7.2. 
 ARTICLE VII 
 Items to be Delivered in Connection with Closing. 
 Section 7.1 By DARA. In connection with the Closing, DARA shall deliver to SVI: 
 (a) within five
(5) business days following the Closing Date, the original stock certificate(s) representing a sufficient number of shares of Common Stock so that together with the stock certificate(s) representing the shares pledged to secure the Loan
delivered to SVI pursuant to the Loan Agreement, DARA shall have delivered certificates representing a number of shares at least equal to all of the Purchase Shares, accompanied by one or more stock powers duly endorsed by DARA (it being understood
that SVI shall return to DARA a stock certificate representing the balance of any shares of Common Stock not included as Purchase Shares) and 
 (b) such other certificates and documents as may be reasonably requested by SVI in order to effect or carry out the intent of this Agreement. 
 Section 7.2 By SVI. In connection with the Closing, SVI shall deliver to DARA: 
 (a) within five (5) business days following the Closing Date, the Note (marked by SVI as “Paid In Full and Cancelled”),
in full payment of the Stock Purchase Price; and 
 (b) such certificates and documents as may be reasonably requested by DARA
in order to effect or carry out the intent of this Agreement. 
 ARTICLE VIII 
 Certain Post-Closing Matters 
 Section 8.1 Acknowledgments. DARA understands and acknowledges that SVI has filed with the U.S. Securities and Exchange Commission a registration statement on Form S-1 with respect to a
proposed IPO. DARA further understands and acknowledges that the proposed underwriter(s) intends to seek lock-up agreements from SVI’s directors and executive officers and certain stockholders of SVI, including, without limitation, DARA,
pursuant to which such Persons will agree, for a designated period of time, to not sell, offer, contract to sell, transfer the economic risk of ownership in, pledge or otherwise transfer or dispose of any shares of Common Stock or any Derivative
Securities, whether directly or indirectly. 
 Section 8.2 Lock-Up Agreement. DARA agrees that, at the
request of the underwriter(s) of SVI’s IPO and provided such IPO is completed on or before June 30, 2010, DARA will enter into a lock-up agreement for the benefit of such underwriter(s) in accordance with this Section 8.2 (the
“Lock-Up Agreement”). Pursuant to such Lock-Up Agreement, DARA will agree that it shall not, during the period beginning on the date of the prospectus for the delivery of shares of Common

  

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Stock pursuant to the IPO and ending either (i) one hundred eighty (180) days thereafter, or (ii) if any SVI director, executive officer or stockholder is subject to any lock-up
agreement that ends on a date earlier than one hundred eighty (180) days after the date of the prospectus for the delivery of shares of Common Stock pursuant to the IPO, such earlier date: (a) offer, pledge, sell, announce the intention to
sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, any shares of Common Stock or any Derivative
Securities; (b) enter into any swap or other arrangement that transfers to another Person, in whole or in part, any of the economic consequences of ownership of shares of Common Stock; or (c) make any demand for, or exercise any right with
respect to, the registration of any shares of Common Stock or any Derivative Securities; in any case, whether any such transaction is to be settled by delivery of shares of Common Stock or other securities, in cash or otherwise. In addition, upon
the Closing and prior to the earlier of (x) the effectiveness of the restrictions set forth in the Lock-Up Agreement, or (y) June 30, 2010, DARA agrees that it shall not transfer or dispose of any shares of Common Stock or any
Derivative Securities (other than pursuant to this Agreement) unless and until the proposed transferee(s) has agreed in writing to be bound by this Section 8.2 with respect to the shares of Common Stock acquired by such transferee. No transfer
in violation of the preceding sentence shall be of any force or effect, and no such transfer shall be made or recorded on the books of SVI. DARA acknowledges that its covenants in this Section 8.2 are a material inducement for SVI
to enter into this Agreement and to consummate the Contemplated Transactions. 
 ARTICLE IX 
 Survival; Stockholder Agreement Consent 
 Section 9.1 Survival. All of the representations, warranties, covenants and obligations in this Agreement and any other agreement, certificate or document entered into in connection
herewith shall survive the Closing. 
 Section 9.2 Consent Under Stockholder Agreement. SVI hereby grants to
DARA any and all consents and waivers required from it under the Stockholder Agreement or otherwise to permit the Contemplated Transactions. DARA acknowledges, though, that any future transfer or disposition of any of its shares of SVI capital stock
remains subject to the terms of the Stockholder Agreement. 
  

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 ARTICLE X 
 Miscellaneous 
 Section 10.1 Governing Law;
Venue. This Agreement shall be governed by and construed in accordance with the domestic laws of the State of Delaware without giving effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other
jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. Each of the parties submits to the jurisdiction of any state or federal court sitting in Memphis, Tennessee, in any action or proceeding
arising out of or relating to this Agreement. Each of the parties waives any defense of inconvenient forum to the maintenance of any action or proceeding so brought and waives any bond, surety, or other security that might be required of any other
party with respect thereto. 
 Section 10.2 Successors and Assigns; No Third-Party Rights. DARA may not
assign any of its rights or obligations under this Agreement without the prior written consent of SVI. Subject to the preceding sentence, this Agreement will apply to, be binding in all respects upon, and inure to the benefit of, the successors and
permitted assigns of the Parties. Nothing expressed or referred to in this Agreement will be construed to give any Person other than the Parties any legal or equitable right, remedy or claim under or with respect to this Agreement or any provision
of this Agreement. This Agreement and all of its provisions and conditions are for the sole and exclusive benefit of the Parties and their successors and permitted assigns. 
 Section 10.3 Entire Agreement; Amendment. This Agreement and the other agreements, certificates and documents delivered
pursuant to this Agreement at the Closing constitute the full and entire understanding and agreement between the Parties with regard to the subjects hereof and thereof, and supersede all prior agreements and merge all prior discussions,
negotiations, proposals and offers (written or oral) between them, and neither Party shall be liable or bound to other Party in any manner by any warranties, representations or covenants except as specifically set forth herein or therein. Neither
this Agreement nor any term hereof may be amended, waived, discharged or terminated other than by a written instrument signed by the Party against whom enforcement of any such amendment, waiver, discharge or termination is sought. 
 Section 10.4 Notices. All notices, requests, demands, claims, and other communications hereunder shall be in writing and
shall be given by registered or certified mail, return receipt requested, postage prepaid, by fax or by national overnight delivery service, and addressed to the intended recipient as set forth below: 
  

			
	 If to DARA:
  
 DARA Pharmaceuticals, Inc.
 Attention: CEO
 Forum I
 8601 Six Forks Road
 Suite 160
	  	 Copy to:
  
 D. Scott Coward
 K&L Gates LLP
 4350 Lassiter at North Hills Avenue
 Suite
300
 Raleigh, NC 27609

  

 10 

			
	 Raleigh, NC 27615
 Fax: (919) 861-0239
	  	Fax: (919) 743-7300
		
	 If to SVI:
  
 SurgiVision, Inc.
 Attention: Kimble Jenkins
 One Commerce Square
 Suite 2550
 Memphis, Tennessee 38103
 Facsimile: (901) 522-9400

	  	 Copy to:
  
 SurgiVision, Inc.
 Attention: Oscar
Thomas
 One Commerce Square
 Suite 2550

 Memphis, Tennessee 38103
 Facsimile:
(901) 522-9400

 Any notice given in the manner aforesaid shall be deemed to have been served, and shall be
effective for all purposes hereof (a) if sent by registered or certified mail, on the earlier of the second day following the day on which it is posted or the date of its receipt by the party to be notified, (b) if sent by fax, the day
actually received as evidenced by a written receipt of transmission, and (c) if sent by overnight delivery service, the day after such notice has been delivered by the party to said service. Any Party may change the address to which notices,
requests, demands, claims, and other communications hereunder are to be delivered by giving the other Party notice in the manner herein set forth. 
 Section 10.5 Delays or Omissions; Remedies Cumulative. No delay or omission to exercise any right, power or remedy accruing to any Party, upon any breach or default of
another Party under this Agreement, shall impair any such right, power or remedy of such Party nor shall it be construed to be a waiver of any such breach or default, or an acquiescence therein, or of or in any similar breach or default thereafter
occurring; nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default theretofore or thereafter occurring. Any Consent of any kind or character on the part of any Party of any breach or default under this
Agreement, or any waiver on the part of any Party of any provisions or conditions of this Agreement, must be in writing and shall be effective only to the extent specifically set forth in such writing. All remedies, either under this Agreement or by
law or otherwise afforded to any holder, shall be cumulative and not alternative. 
 Section 10.6
Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be enforceable against the Party actually executing such counterpart, and all of which together shall constitute one instrument.
A signature on a counterpart may be a facsimile or an electronically transmitted signature, and such signature shall have the same force and effect as an original signature. 
 Section 10.7 Severability. If any provision of this Agreement is held to be unenforceable to any extent under applicable
law, such provision shall be interpreted as if it were written so as to be enforceable to the maximum extent permitted by law so as to effectuate the Parties’ intent to the 
  

 11 

 maximum extent, and the balance of this Agreement shall be interpreted as if such provision were so excluded
and shall be enforceable in accordance with its terms to the maximum extent permitted by law. 
 Section 10.8 Titles
and Subtitles. The titles and subtitles used in this Agreement are used for convenience only and shall not be considered in construing or interpreting this Agreement. 
 Section 10.9 Construction. The Parties have participated jointly in the negotiation and drafting of this Agreement. In
the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the
authorship of any of the provisions of this Agreement. All plural nouns and pronouns shall be deemed to include the singular case thereof where the context requires, and vice versa. All pronouns shall be gender neutral unless the context otherwise
requires. Any reference to any federal, state, local or foreign statute or law shall be deemed also to refer to all rules and regulations promulgated thereunder, unless the context otherwise requires. The word “including” shall mean
including without limitation. 
 Section 10.10 Public Announcements. Any public announcement or similar
publicity with respect to this Agreement or the Contemplated Transactions will be issued, if at all, at such time and in such manner as the Parties mutually determine. Notwithstanding the foregoing, any Party may disclose information with respect to
this Agreement and the Contemplated Transactions to extent such Party is required to do so by applicable law (including without limitation applicable securities laws, rules and regulations); provided, however, the disclosing Party
(a) shall give the other Party prior notice of the disclosure, and (b) if such disclosure will be in written form, shall give the other Party the prior opportunity to review and comment upon such disclosure. 
 Section 10.11 Further Assurances. Each Party agrees (a) to furnish upon request to the other Party such further
information, (b) to execute and deliver to the other Party such other documents, and (c) to do such other acts and things, all as the other Party may reasonably request for the purpose of carrying out the intent of this Agreement and the
agreements, certificates and other documents referred to herein. 
 Section 10.12 Incorporation of Exhibits and
Schedules. All Exhibits and Schedules identified in this Agreement, if any, are incorporated herein by reference and made a part hereof. 
 Section 10.13 Expenses. Except as otherwise expressly provided in this Agreement, each Party will bear its respective expenses incurred in connection with the preparation, execution and
performance of this Agreement and the Contemplated Transactions, including all fees and expenses of agents, representatives, counsel and accountants. 
  
 [The remainder of this page was intentionally left blank] 
 ***** 
  

 12 

 IN WITNESS WHEREOF, the Parties hereto have executed this Agreement on the date first above written.

  

			
	DARA PHARMACEUTICALS, INC.
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 

  
  
  

			
	SURGIVISION, INC.
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 

  

 13

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