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EXHIBIT 10.3

PHYTOMEDICAL TECHNOLOGIES, INC.

PROMISSORY NOTE

$150,000.00

May 31, 2007

PhytoMedical Technologies, Inc., a Nevada corporation (the "Company"), for value received, hereby promises to pay to Harmel S. Rayat ("Holder") or order, the principal sum of one hundred fifty thousand dollars ($150,000.00) with interest as provided below.

 1.  Payment.  

(a)  The Outstanding Principal balance of the Note, together with accrued and unpaid interest thereon shall be paid by the Company to the Holder, at the address as provided to the Company by the Holder in writing, in lawful money of the United States of America upon the earlier to occur of:

(1)  The occurrence of an Event of Default (as defined in Section 2 of the Note), which occurrence shall be deemed written demand by the holder for payment of the note; or

(2)  The Company’s receipt of written demand for payment from the Holder.

(b)  Interest shall accrue with respect to the unpaid principal amount of the loan from the date of this Note until such principal is paid at a rate of eleven and one-quarter percent(11.25%) per annum (computed on the basis of a 365-day year).

(c) Company shall have the right at any time and without penalty to prepay, in whole or in part, the principal outstanding and/or the interest accrued hereunder.

2.   Events of Default. 

The occurrence of any of the following shall constitute an "Event of Default" under this Note:

 

(a) Failure to Pay. The Company shall fail to pay (i) when due any principal payment on the due date hereunder or (ii) any interest or other payment required under the terms of this Note on the date due and such payment shall not have been made within fifteen (15) days of Company's receipt of Holder's written notice to the Company of such failure to pay; or

(b) Voluntary Bankruptcy or Insolvency Proceedings. The Company shall (i) apply for or consent to the appointment of a receiver, trustee, liquidate or custodian of itself or of all or a substantial part of its property, (ii) make a general assignment for the benefit of its or any of its creditors, (iii) be dissolved or liquidated in full or in part, (iv) commence a voluntary case or other proceeding seeking liquidation, reorganization or other relief with respect to itself or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or consent to any such relief or to the appointment of or taking possession of its property by any official in an involuntary case or other proceeding commenced against it, or (v) take any action for the purpose of effecting any of the foregoing; or

(c) Involuntary Bankruptcy or Insolvency Proceedings. Proceedings for the appointment of a receiver, trustee, liquidator or custodian of the Company or of all or a substantial part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with respect to the Company or the debts thereof under any bankruptcy, insolvency or other similar law or hereafter in effect shall be commenced and an order for relief entered or such proceeding shall not be dismissed or discharged within thirty (30) days of commencement.

3.   Rights of Holder Upon Default. 

Upon the occurrence or existence of any Event of Default (other than an Event of Default referred to in Paragraphs 2(b) and 4(c)) and at any time thereafter during the continuance of such Event of Default, Holder may declare all outstanding Obligations payable by Company hereunder to be immediately due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived. Upon the occurrence or existence of any Event of Default described in Paragraphs 2(b) and 4(c), immediately and without notice, all outstanding Obligations payable by Company hereunder shall automatically become immediately due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived.

4.   Miscellaneous.

(a) Amendment Provisions. Any provision of this Note other than the principal amount and identity of the Holder may be amended, waived or modified upon the written consent of the Company and the Holder.

(b) Severability. If any provision of this Note is determined to be invalid, illegal or unenforceable, in whole or in part, the validity, legality and enforceability of any of the remaining provisions or portions of this Note shall not in any way be affected or impaired thereby and this Note shall nevertheless be binding between the Company and the Holder.

(c) Governing Law. This Note shall be governed by and construed in accordance with the laws of the State of Nevada.

(d) Binding Effect. This Note shall be binding upon, and shall inure to the benefit of, the Company and the Holder and their respective successors and assigns; provided, however, that the Company may not assign its obligations hereunder without the Holder's prior written consent.

 (e) Enforcement Costs. The Company agrees to pay all costs and expenses, including, without limitation, reasonable attorneys' fees and expenses, the Holder expends or incurs in connection with the enforcement of this Note, the collection of any sums due hereunder, any actions for declaratory relief in any way related to this Note, or the protection or preservation of any rights of the Holder hereunder.

(f) Notices. Any notice, request or other communication required or permitted hereunder shall be in writing and shall be duly given upon receipt if personally delivered or mailed by registered or certified mail, postage prepaid, or by recognized overnight courier or personal delivery, addressed (i) if to Holder, at the address or facsimile number of such Holder, or at such other address or number as such Holder shall have furnished to the Company in writing, or (ii) if to Company, at 100 Overlook Drive, 2nd Floor, Princeton, New Jersey,  08540, Attention: President or at such other address as Company shall furnish to the Holder in writing.

 (g) Payment. Payment shall be made in lawful tender of the United States.

 

(h) Headings. Section headings used in this Note have been set forth herein for convenience of reference only. Unless the contrary is compelled by the context, everything contained in each section hereof applies equally to this entire Note.

IN WITNESS WHEREOF, the Company has caused this Note to be issued as of the date first written above.

PhytoMedical Technologies, Inc.

/s/ Greg Wujek

Name: Greg Wujek

Title: President and CEOExhibit 10.35

                COLUMBUS MCKINNON CORPORATION THRIFT 401(K) PLAN
                  AMENDMENT NO. 13 OF THE 1998 PLAN RESTATEMENT

     Columbus  McKinnon  Corporation  (the  "Corporation")   hereby  amends  the
Columbus McKinnon  Corporation  Thrift 401(K) Plan (the "Plan"),  as amended and
restated in its entirety  effective  January 1, 1998, and as further  amended by
Amendment  Nos.  1through 13, as permitted  under  Section 14.1 of the Plan,  as
follows:

     This amendment of the Plan (hereinafter  referred to as the "Amendment") is
adopted  to  reflect  the final  regulations  for  retirement  plans  containing
contributions  under  Sections  401(k) and 401(m) of the  Internal  Revenue Code
published by the  Department of the Treasury on December 29, 2004. The Amendment
is  intended  as good  faith  compliance  with  the  requirements  of the  final
regulations.  The Amendment  shall be effective for plan years  beginning  after
December 31, 2004,  except as otherwise  provided below, and shall supersede any
inconsistent provisions of the Plan.

     1. Section 3.1,  entitled "Salary Reduction  Contributions,"  is amended by
adding the following subsection (f) at the end thereof:

     "(F) TIMING OF  CONTRIBUTIONS.  NOTWITHSTANDING  ANY OTHER PROVISION OF THE
          ------------------------
PLAN  TO  THE  CONTRARY,   EXCEPT  FOR  OCCASIONAL,   BONA  FIDE  ADMINISTRATIVE
CONSIDERATIONS   AS  SET  FORTH  IN  TREASURY   REGULATIONS,   SALARY  REDUCTION
CONTRIBUTIONS  CANNOT  PRECEDE THE EARLIER OF (1) THE DATE ON WHICH THE SERVICES
ARE PERFORMED FOR WHICH THE CONTRIBUTIONS ARE MADE, OR (2) THE DATE ON WHICH THE
BASE PAY THAT IS SUBJECT TO THE SALARY  REDUCTION  ELECTION  WOULD BE PAYABLE TO
THE EMPLOYEE IN THE ABSENCE OF THE SALARY REDUCTION ELECTION."

     2. Section 4.2,  entitled  "Nondiscrimination  Requirements," is amended by
revising Section 4.2(c)(6)(B) to read as follows:

               "(B)   PARTICIPATION   IN  OTHER  PLANS  BY  HIGHLY   COMPENSATED
                      ----------------------------------------------------------
          EMPLOYEES. IF SALARY REDUCTION CONTRIBUTIONS OR MATCHING CONTRIBUTIONS
          ---------
          ARE MADE FOR A PLAN YEAR FOR A HIGHLY  COMPENSATED  EMPLOYEE  WHO ALSO
          PARTICIPATES  DURING THE SAME PLAN YEAR IN ONE OR MORE OTHER  PLANS OF
          THE  CORPORATION  OR AN  AFFILIATE  THAT  INCLUDES A CASH OR  DEFERRED
          ARRANGEMENT  DESCRIBED  IN  SECTION  401(K)  OF THE  CODE OR  EMPLOYEE
          CONTRIBUTIONS OR EMPLOYER MATCHING CONTRIBUTIONS  DESCRIBED IN SECTION
          401(M) OF THE CODE,  THE ACTUAL  DEFERRAL  RATIO  (SECTION  1.4(A)) OR
          ACTUAL  CONTRIBUTION  RATIO (SECTION 1.3(A)) OF THE HIGHLY COMPENSATED
          EMPLOYEE  FOR PURPOSES OF THIS SECTION 4.2 SHALL BE COMPUTED AS IF ALL
          SUCH PLANS WERE PART OF THIS PLAN. NOTWITHSTANDING ANY OTHER PROVISION
          OF  THE  PLAN  TO  THE  CONTRARY,  IF A  HIGHLY  COMPENSATED  EMPLOYEE
          PARTICIPATES  IN TWO OR MORE CASH OR DEFERRED  ARRANGEMENTS  THAT HAVE
          DIFFERENT PLAN YEARS, ALL ELECTIVE DEFERRALS MADE DURING THE PLAN YEAR
          UNDER ALL SUCH ARRANGEMENTS SHALL BE AGGREGATED."

<PAGE>

     3. Section 4.4, entitled "Distribution of Excess Contributions," is amended
by revising Section 4.4(d)(1) to read as follows:

     "(1) STANDARD ALLOCATION METHOD. EXCESS CONTRIBUTIONS SHALL BE ADJUSTED FOR
          --------------------------
ANY INCOME OR LOSS UP TO THE DATE OF DISTRIBUTION.  THE INCOME OR LOSS ALLOCABLE
TO EXCESS ELECTIVE  DEFERRALS IS THE SUM OF: (I) THE INCOME OR LOSS ALLOCABLE TO
THE  PARTICIPANT'S  SALARY REDUCTION  CONTRIBUTION  ACCOUNT FOR THE TAXABLE YEAR
MULTIPLIED BY A FRACTION,  THE NUMERATOR OF WHICH IS EXCESS CONTRIBUTION FOR THE
YEAR  AND  THE  DENOMINATOR  OF  WHICH  IS  THE  PARTICIPANT'S  ACCOUNT  BALANCE
ATTRIBUTABLE TO SALARY REDUCTION  CONTRIBUTIONS  WITHOUT REGARD TO ANY INCOME OR
LOSS  OCCURRING  DURING  SUCH  TAXABLE  YEAR,  AND (II) 10 PERCENT OF THE AMOUNT
DETERMINED UNDER "(I)" MULTIPLIED BY THE NUMBER OF WHOLE CALENDAR MONTHS BETWEEN
THE END OF THE PARTICIPANT'S TAXABLE YEAR AND THE DATE OF DISTRIBUTION, COUNTING
THE MONTH OF  DISTRIBUTION  IF  DISTRIBUTION  OCCURS  AFTER THE 15TH DAY OF SUCH
MONTH. THE PLAN WILL NOT FAIL TO USE A REASONABLE METHOD OF COMPUTING THE INCOME
ALLOCABLE TO EXCESS  CONTRIBUTIONS MERELY BECAUSE THE INCOME ALLOCABLE TO EXCESS
CONTRIBUTIONS IS DETERMINED ON A DATE THAT IS NO MORE THAN SEVEN DAYS BEFORE THE
DISTRIBUTION."

     WITNESS  WHEREOF,  this instrument of amendment has been executed by a duly
authorized officer of the Corporation this 21 day of December, 2006.

                                  COLUMBUS McKINNON CORPORATION

                                  By  /S/ Timothy R. Harvey
                                      ------------------------------

                                  Title  Secretary
                                       -----------------------------

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