Document:

EXHIBIT 10.72
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                             SUBSCRIPTION AGREEMENT
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     This Subscription Agreement (the "Agreement") is made and entered into as
of the date set forth below by and between the person or entity set forth on the
signature page below (the "Investor") and Performance Health Technologies, Inc.
("PHT").

                                    RECITALS

     WHEREAS, PHT has authorized the issuance and sale of a note in the
principal amount of $250,000 (the "Note"); and

     WHEREAS, the Investor desires to purchase the Note on the terms set forth
herein;

     NOW, THEREFORE, in consideration of the covenants, promises and
representations set forth herein and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties hereby
agree as follows:

1. PURCHASE AND SALE OF NOTE

     1.1 At the Closing (as defined below) the Investor shall purchase from PHT
and PHT shall sell to the Investor, subject to all of the terms and conditions
hereof, the Note.

2. CLOSING

     2.1 Date of Closing. The closing (the "Closing") of the purchase and sale
of the Note shall take place on any date agreed to by the Investor and PHT (the
"Closing Date").

     2.2 Items to be Delivered by the Investor to PHT. The following shall be
delivered by the Investor to PHT on the Closing Date:

          (a)  this Agreement executed by the Investor;

          (b)  the Investor Questionnaire;

          (c)  the purchase price for the Note by wire transfer to the following
               account:

               Bank:
               Account Name:
               ABA/ Routing #:
               Account #:
               Sub-Account:

     2.3 Items to be Delivered to the Investor by PHT. The following shall be
delivered by PHT to the Investor on the Closing Date:

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          (a)  the Note;

          (b)  625,000 Warrants to purchase Common Stock of PHT (with such
               Warrants having an exercise price of $0.50 per share and a five
               year term (the "Warrants");

          (c)  an origination fee of $12,500; and

          (d)  Security Agreement granting Holder a first priority security
               interest in substantially all of the assets of the Company PARI
               PASSU with a security interest granted or to be granted to one
               other investor who has invested $250,000 to purchase a Company
               note on the same terms set forth herein.

3. REPRESENTATIONS AND WARRANTIES OF PHT

     PHT hereby represents and warrants to the Investor as follows:

     3.1 Corporate Existence and Power. PHT is a corporation duly incorporated,
validly existing and in good standing under the laws of the State of Delaware.
PHT has all corporate power and all material governmental permits required to
carry on its business as now conducted.

     3.2 Corporate Authorization; Enforceability. The execution, delivery and
performance by PHT of this Agreement, the Note and the Warrants is within PHT's
corporate powers and have been duly authorized by the Board of Directors of PHT
and no other corporate action on the part of PHT is necessary to authorize this
Agreement or issuance of the Note. This Agreement has been, and the Note and the
Warrants will be duly executed and delivered by PHT. This Agreement constitutes
the valid and binding agreement of PHT, enforceable against PHT in accordance
with its terms, except to the extent that its enforceability may be subject to
applicable bankruptcy, insolvency, reorganization, moratorium and similar laws
affecting the enforcement of creditors' rights generally and by general
principles of equity.

     3.3 Capitalization. The authorized capital stock of PHT consists of
70,000,000 shares of Common Stock and 1,000,000 shares of Preferred Stock, $0.01
par value per share ("Preferred Stock"), of which 41,512,364 shares of Common
Stock and no shares of Preferred Stock are issued and outstanding. All of such
outstanding shares have been validly issued and are fully paid and
nonassessable.

     3.4 No Conflict. The execution, delivery and performance by PHT of this
Agreement, and the consummation of the transactions contemplated hereby,
including issuance of the Note and the Warrants, do not and will not at the
Closing, (a) violate any provision of law, statute, rule or regulation, or any
ruling, writ, injunction, order, judgment or decree of any court, administrative
agency or other governmental body applicable to PHT, or any of its properties or
assets, (b) conflict with or result in any breach of any of the terms,
conditions or provisions of, or constitute (with due notice or lapse of time, or
both) a default (or give rise to any right of termination, cancellation or
acceleration) under, or result in the creation of any encumbrance upon any of
the properties or assets of PHT under any material contract to which PHT is a
party or (c) violate any organizational document of PHT.

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     3.5 Note and Warrants. The Note and Warrants, when issued and delivered in
accordance with the terms of this Agreement, will be duly authorized, validly
issued, fully paid, non-assessable and free and clear of any lien or other
limitation or restriction.

     3.6 Securities Matters. Subject to the accuracy of the representations of
the Investor set forth in Section 4.4 hereof the offer, sale and issuance of the
Note and Warrants as contemplated by this Agreement are exempt from the
registration requirements of the Securities Act. PHT has complied and will
comply with all applicable state "blue sky" or securities laws in connection
with the offer, sale and issuance of the Note and Warrants as contemplated by
this Agreement.

4. REPRESENTATIONS AND WARRANTIES OF THE INVESTOR

     The Investor hereby represents and warrants to PHT as follows:

     4.1 Organization and Good Standing; Power and Authority. Any Investor that
is a corporation (a) is a corporation duly organized, validly existing and in
good standing under the laws of its organization, and (b) has all requisite
corporate power and authority and all authorizations, licenses and material
permits necessary to own, lease and operate its properties, to carry on its
business as presently conducted and as proposed to be conducted and to enter
into and carry out the transactions contemplated by this Agreement.

     4.2 Authorization of the Agreement. This Agreement constitutes a valid and
legally binding obligation of the Investor except to the extent that
enforceability may be limited by bankruptcy, insolvency or similar laws
affecting creditors' rights generally or by general principles of equity.

     4.3 No Conflict. The execution, delivery and performance by the Investor of
this Agreement and the consummation by the Investor of the transactions
contemplated hereby do not and will not at the Closing (a) violate any provision
of law, statute, rule or regulation, or any ruling, writ, injunction, order,
judgment or decree of any court, administrative agency or other governmental
body applicable to the Investor, or any of its properties or assets, (b)
conflict with or result in any breach of any of the terms, conditions or
provisions of, or constitute (with due notice or lapse of time, or both) a
default (or give rise to any right of termination, cancellation or acceleration)
under, or result in the creation of any encumbrance upon any of the properties
or assets of the Investor under any material contract to which the Investor is a
party or (c) violate any organizational document of any corporate Investor.

     4.4 Investment Representation.

          (a)  The Investor has received and reviewed the following (the "PHT
               Documents"):

               1.   Subscription Agreement
               2.   The Note
               3.   The Warrants

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          (b)  The Investor or Investor's designated representatives have
               concluded a satisfactory due diligence investigation of PHT and
               have had an opportunity to review the PHT Documents and to have
               all of their questions related thereto satisfactorily answered.

          (c)  The Investor acknowledges that the Note is speculative and
               involves a high degree of risk and the Investor represents that
               it is able to sustain the loss of the entire amount of its
               investment.

          (d)  The Investor (or its members and/or officers) has previously
               invested in unregistered securities and has sufficient financial
               and investing expertise to evaluate and understand the risks of
               the Note and the Warrants.

          (e)  The Investor has received from PHT, and is relying on, no
               representations or projections with respect to PHT's business and
               prospects except as set forth in this Agreement and the PHT
               Documents.

          (f)  The Investor is an "accredited investor" within the meaning of
               Regulation D under the Securities Act.

          (g)  The Investor is acquiring the Note and the Warrants for
               investment purposes only without intent to distribute the same,
               and acknowledges that the Note has not been registered under the
               Securities Act and applicable state securities laws, and
               accordingly, constitutes "restricted securities" for purposes of
               the Securities Act and such state securities laws.

          (h)  The Investor acknowledges that it will not be able to transfer
               the Note and the Warrants except upon compliance with the
               registration requirements of the Securities Act and applicable
               state securities laws or exemptions therefrom.

          (i)  The certificates and/or instruments evidencing the Note and the
               Warrants will contain the following legend:

"THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED, SOLD,
TRANSFERRED, PLEDGED, ASSIGNED, HYPOTHECATED OR OTHERWISE DISPOSED OF EXCEPT
PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT, OR AN EXEMPTION
FROM REGISTRATION AND OTHERWISE IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT
BETWEEN THE ISSUER AND THE ORIGINAL OWNER OF THE SECURITIES, A COPY OF WHICH IS
ON FILE AT THE PRINCIPAL EXECUTIVE OFFICE OF THE ISSUER."

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5. REGISTRATION RIGHTS

     5.1 Definitions. As used in this Agreement, the following terms shall have
the following meanings:

          (a)  "Person" means a corporation, a limited liability company, an
               association, a partnership, an organization, a business, an
               individual, a governmental or political subdivision thereof or a
               governmental agency.

          (b)  "Register," "registered," and "registration" refer to a
               registration effected by preparing and filing one or more
               Registration Statements (as defined below) in compliance with the
               1933 Act and pursuant to Rule 415 under the 1933 Act or any
               successor rule providing for offering securities on a continuous
               or delayed basis ("Rule 415"), and the declaration or ordering of
               effectiveness of such Registration Statement(s) by the United
               States Securities and Exchange SEC (the "SEC").

          (c)  "Registrable Securities" means the PHT common shares underlying
               the Note and Warrants.

          (d)  "Registration Statement" means a registration statement under the
               1933 Act which covers the Registrable Securities.

     5.2 Registration. Subject to the terms and conditions of this Agreement,
the Company shall use its best efforts to prepare and file, no later than ninety
(90) days from the date hereof (the "Scheduled Filing Deadline"), with the SEC a
registration statement on Form S-1 or SB-2 (or, if PHT is then eligible, on Form
S-3) under the 1933 Act (the "Initial Registration Statement") for the
registration for the resale by the Investor of the Registrable Securities. If at
any time prior to the Scheduled Filing Deadline, PHT shall determine to file
with the SEC a Registration Statement relating to an offering for its own
account or the account of others under the 1933 Act of any of its equity
securities (other than on Form S-4 or Form S-8 or their then equivalents
relating to equity securities to be issued solely in connection with any
acquisition of any entity or business or equity securities issuable in
connection with stock option or other bona fide employee benefit plans) PHT
shall include in such Registration Statement the Registrable Securities. PHT
shall cause the Registration Statement to remain effective until the earlier of
(i) the Registrable Securities have been sold, or (ii) the date the Registrable
Securities become eligible for sale without restriction under Rule 144(k)
promulgated under the Securities Act of 1933.

     5.3 Effectiveness of the Initial Registration Statement. PHT shall use its
best efforts (i) to have the Initial Registration Statement declared effective
by the SEC no later than March 31, 2007 (the "Scheduled Effective Deadline") and
(ii) to insure that the Initial Registration Statement and any subsequent
Registration Statement remains in effect until all of the Registrable Securities
have been sold, subject to the terms and conditions of this Agreement, but not
later than the point in time that Section 144(k) becomes available for resale of
the Registrable Securities.

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     5.4 Registration Period. PHT shall keep the Registration Statement
effective pursuant to Rule 415 at all times through the earlier of (i) the
Registrable Securities have been sold, or (ii) the date the Registrable
Securities become eligible for sale without restriction under Rule 144(k)
promulgated under the Securities Act of 1933 (the "Registration Period"), which
Registration Statement (including any amendments or supplements thereto and
prospectuses contained therein) shall not contain any untrue statement of a
material fact or omit to state a material fact required to be stated therein, or
necessary to make the statements therein, in light of the circumstances in which
they were made, not misleading.

     5.5 Amendments. PHT shall prepare and file with the SEC such amendments
(including post-effective amendments) and supplements to a Registration
Statement and the prospectus used in connection with such Registration
Statement, which prospectus is to be filed pursuant to Rule 424 promulgated
under the 1933 Act, as may be necessary to keep such Registration Statement
effective at all times during the Registration Period, and, during such period,
comply with the provisions of the 1933 Act with respect to the disposition of
all Registrable Securities of PHT covered by such Registration Statement until
such time as all of such Registrable Securities shall have been disposed of in
accordance with the intended methods of disposition by the seller or sellers
thereof as set forth in such Registration Statement. In the case of amendments
and supplements to a Registration Statement which are required to be filed
pursuant to this Agreement (including pursuant to this Section 3(b)) by reason
of PHT's filing a report on Form 10-KSB, Form 10-QSB or Form 8-K or any
analogous report under the Securities Exchange Act of 1934, as amended (the
"1934 Act"), PHT shall incorporate such report by reference into the
Registration Statement, if applicable, or shall file such amendments or
supplements with the SEC on the same day on which the 1934 Act report is filed
which created the requirement for PHT to amend or supplement the Registration
Statement.

     5.6 Expenses. All expenses incurred in connection with registrations,
filings or qualifications pursuant to this Section 5 shall be paid by PHT. The
Investor shall pay his own legal fees, if any.

     5.7 Indemnification. With respect to Registrable Securities which are
included in a Registration Statement under this Agreement:

          (a)  To the fullest extent permitted by law, PHT will, and hereby
               does, indemnify, hold harmless and defend the Investor, the
               directors, officers, partners, employees, agents, representatives
               of, and each Person, if any, who controls any Investor within the
               meaning of the 1933 Act or the 1934 Act (each, an "Indemnified
               Person"), against any losses, claims, damages, liabilities,
               judgments, fines, penalties, charges, costs, reasonable
               attorneys' fees, amounts paid in settlement or expenses, joint or
               several (collectively, "Claims") incurred in investigating,
               preparing or defending any action, claim, suit, inquiry,
               proceeding, investigation or appeal taken from the foregoing by
               or before any court or governmental, administrative or other
               regulatory agency, body or the SEC, whether pending or
               threatened, whether or not an indemnified party is or may be a
               party thereto ("Indemnified Damages"), to which any of them may
               become subject insofar as such Claims (or actions or proceedings,
               whether commenced or

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               threatened, in respect thereof) arise out of or are based upon:
               (i) any untrue statement or alleged untrue statement of a
               material fact in a Registration Statement or any post-effective
               amendment thereto or in any filing made in connection with the
               qualification of the offering under the securities or other "blue
               sky" laws of any jurisdiction in which Registrable Securities are
               offered ("Blue Sky Filing"), or the omission or alleged omission
               to state a material fact required to be stated therein or
               necessary to make the statements therein not misleading; (ii) any
               untrue statement or alleged untrue statement of a material fact
               contained in any final prospectus (as amended or supplemented, if
               PHT files any amendment thereof or supplement thereto with the
               SEC) or the omission or alleged omission to state therein any
               material fact necessary to make the statements made therein, in
               light of the circumstances under which the statements therein
               were made, not misleading; or (iii) any violation or alleged
               violation by PHT of the 1933 Act, the 1934 Act, any other law,
               including, without limitation, any state securities law, or any
               rule or regulation there under relating to the offer or sale of
               the Registrable Securities pursuant to a Registration Statement
               (the matters in the foregoing clauses (i) through (iii) being,
               collectively, "Violations"). PHT shall reimburse the Investor and
               each such controlling person promptly as such expenses are
               incurred and are due and payable, for any reasonable legal fees
               or disbursements or other reasonable expenses incurred by them in
               connection with investigating or defending any such Claim.
               Notwithstanding anything to the contrary contained herein, the
               indemnification agreement contained in this Section 5h(1): (x)
               shall not apply to a Claim by an Indemnified Person arising out
               of or based upon a Violation which occurs in reliance upon and in
               conformity with information furnished in writing to PHT by such
               Indemnified Person expressly for use in connection with the
               preparation of the Registration Statement or any such amendment
               thereof or supplement thereto; (y) shall not be available to the
               extent such Claim is based on a failure of the Investor to
               deliver or to cause to be delivered the prospectus made available
               by PHT, if such prospectus was timely made available by PHT; and
               (z) shall not apply to amounts paid in settlement of any Claim if
               such settlement is effected without the prior written consent of
               PHT, which consent shall not be unreasonably withheld.
               Notwithstanding anything to the contrary herein or in any other
               agreement entered into between PHT and the Investor, PHT
               acknowledges and agrees that it is solely responsible and shall
               indemnify each Indemnified Person for the contents of any
               registration statement, prospectus or other filing made with the
               SEC or otherwise used in the offering of PHT's securities (except
               as such disclosure relates solely to the Investor and then only
               to the extent that such disclosure conforms with information
               furnished in writing by the Investor to PHT), even if the
               Investor or its agents as an accommodation to PHT participate or
               assist in the preparation of such registration statement,
               prospectus or other SEC filing. PHT shall retain its own legal
               counsel to review, edit, confirm and do all things such counsel
               deems

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               necessary or desirable to such registration statement, prospectus
               or other SEC filing to ensure that it does not contain an untrue
               statement or alleged untrue statement of material fact or omit or
               alleged to omit a material fact necessary to make the statements
               made therein, in light of the circumstances under which the
               statements were made, not misleading. Such indemnity shall remain
               in full force and effect regardless of any investigation made by
               or on behalf of the Indemnified Person and shall survive the
               transfer of the Registrable Securities by the Investor.

          (b)  In connection with a Registration Statement, the Investor agrees
               to indemnify, hold harmless and defend, to the same extent and in
               the same manner as is set forth in Section 5h(1), PHT, each of
               its directors, each of its officers, employees, representatives,
               or agents and each Person, if any, who controls PHT within the
               meaning of the 1933 Act or the 1934 Act (each an "Indemnified
               Party"), against any Claim or Indemnified Damages to which any of
               them may become subject, under the 1933 Act, the 1934 Act or
               otherwise, insofar as such Claim or Indemnified Damages arise out
               of or is based upon any Violation, in each case to the extent,
               and only to the extent, that such Violation occurs in reliance
               upon and in conformity with written information furnished to PHT
               by such Investor expressly for use in connection with such
               Registration Statement; and, subject to Section 5i, such Investor
               will reimburse any legal or other expenses reasonably incurred by
               them in connection with investigating or defending any such
               Claim; provided, however, that the indemnity agreement contained
               in this Section 5(h)(2) and the agreement with respect to
               contribution contained below shall not apply to amounts paid in
               settlement of any Claim if such settlement is effected without
               the prior written consent of such Investor, which consent shall
               not be unreasonably withheld; provided, further, however, that
               the Investor shall be liable under this Section 5h(2) for only
               that amount of a Claim or Indemnified Damages as does not exceed
               the net proceeds to such Investor as a result of the sale of
               Registrable Securities pursuant to such Registration Statement.
               Such indemnity shall remain in full force and effect regardless
               of any investigation made by or on behalf of such Indemnified
               Party and shall survive the transfer of the Registrable
               Securities by the Investor. Notwithstanding anything to the
               contrary contained herein, the indemnification agreement
               contained in this Section 5h(2) with respect to any prospectus
               shall not inure to the benefit of any Indemnified Party if the
               untrue statement or omission of material fact contained in the
               prospectus was corrected and such new prospectus was delivered to
               each Investor prior to such Investor's use of the prospectus to
               which the Claim relates.

          (c)  Promptly after receipt by an Indemnified Person or Indemnified
               Party under this Section of notice of the commencement of any
               action or proceeding (including any governmental action or
               proceeding) involving a Claim, such Indemnified Person or
               Indemnified Party shall, if a Claim in

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               respect thereof is to be made against any indemnifying party
               under this Section 5, deliver to the indemnifying party a written
               notice of the commencement thereof, and the indemnifying party
               shall have the right to participate in, and, to the extent the
               indemnifying party so desires, jointly with any other
               indemnifying party similarly noticed, to assume control of the
               defense thereof with counsel mutually satisfactory to the
               indemnifying party and the Indemnified Person or the Indemnified
               Party, as the case may be; provided, however, that an Indemnified
               Person or Indemnified Party shall have the right to retain its
               own counsel with the fees and expenses of not more than one (1)
               counsel for such Indemnified Person or Indemnified Party to be
               paid by the indemnifying party, if, in the reasonable opinion of
               counsel retained by the indemnifying party, the representation by
               such counsel of the Indemnified Person or Indemnified Party and
               the indemnifying party would be inappropriate due to actual or
               potential differing interests between such Indemnified Person or
               Indemnified Party and any other party represented by such counsel
               in such proceeding. The Indemnified Party or Indemnified Person
               shall cooperate fully with the indemnifying party in connection
               with any negotiation or defense of any such action or claim by
               the indemnifying party and shall furnish to the indemnifying
               party all information reasonably available to the Indemnified
               Party or Indemnified Person which relates to such action or
               claim. The indemnifying party shall keep the Indemnified Party or
               Indemnified Person fully apprised at all times as to the status
               of the defense or any settlement negotiations with respect
               thereto. No indemnifying party shall be liable for any settlement
               of any action, claim or proceeding effected without its prior
               written consent; provided, however, that the indemnifying party
               shall not unreasonably withhold, delay or condition its consent.
               No indemnifying party shall, without the prior written consent of
               the Indemnified Party or Indemnified Person, consent to entry of
               any judgment or enter into any settlement or other compromise
               which does not include as an unconditional term thereof the
               giving by the claimant or plaintiff to such Indemnified Party or
               Indemnified Person of a release from all liability in respect to
               such claim or litigation. Following indemnification as provided
               for hereunder, the indemnifying party shall be subrogated to all
               rights of the Indemnified Party or Indemnified Person with
               respect to all third parties, firms or corporations relating to
               the matter for which indemnification has been made. The failure
               to deliver written notice to the indemnifying party within a
               reasonable time of the commencement of any such action shall not
               relieve such indemnifying party of any liability to the
               Indemnified Person or Indemnified Party under this Section 5,
               except to the extent that the indemnifying party is prejudiced in
               its ability to defend such action.

          (d)  The indemnification required by this Section 5 shall be made by
               periodic payments of the amount thereof during the course of the
               investigation or defense, as and when bills are received or
               Indemnified Damages are incurred.

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          (e)  The indemnity agreements contained herein shall be in addition to
               (i) any cause of action or similar right of the Indemnified Party
               or Indemnified Person against the indemnifying party or others,
               and (ii) any liabilities the indemnifying party may be subject to
               pursuant to the law.

     5.8 Contribution. To the extent any indemnification by an indemnifying
party is prohibited or limited by law, the indemnifying party agrees to make the
maximum contribution with respect to any amounts for which it would otherwise be
liable under Section 5h to the fullest extent permitted by law; provided,
however, that: (i) no seller of Registrable Securities guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the 1933 Act) shall be
entitled to contribution from any seller of Registrable Securities who was not
guilty of fraudulent misrepresentation; and (ii) contribution by any seller of
Registrable Securities shall be limited in amount to $250,000.

6. MISCELLANEOUS

     6.1 Definitions.

     "Business Day" means a day that is not a Saturday, Sunday or a day on which
commercial banking institutions located in New York City, New York are
authorized or required to close.

     "Securities Act" means the Securities Act of 1933, as amended.

     6.2 Confidentiality.

          (a)  The Investor agrees to keep confidential any and all non-public
               information delivered or made available to the Investor by PHT
               except for disclosures, as necessary, made by the Investor to the
               Investor's officers, directors, employees, agents, counsel and
               accountants each of whom shall be notified by the Investor of
               this confidentiality covenant and for whom the Investor shall be
               liable in the event of any breach of this covenant by any such
               individual or individuals; provided, however, that nothing herein
               shall prevent the Investor from disclosing such information (i)
               upon the order of any court or administrative agency, (ii) upon
               the request or demand of any regulatory agency or authority
               having jurisdiction over the Investor, (iii) which has been
               publicly disclosed or (iv) to any of its members provided that
               any such members agree in writing (with a copy provided to PHT)
               to be bound by confidentiality provisions in form and substance
               substantially as are contained herein. In the event of a
               mandatory disclosure as described in clause (i) and/or (ii) of
               the preceding sentence, the Investor shall promptly notify PHT in
               writing of any applicable order, request or demand for such
               information, cooperate with PHT if and to the extent that PHT
               elects to seek an appropriate protective order or other relief
               from such order, request, or demand, and disclose only the
               minimal amount of information ultimately required to be
               disclosed. No Investor shall use for its own benefit, nor permit
               any other

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               person to use for such person's benefit, any of PHT's non-public
               information including, without limitation, in connection with the
               purchase and/or sale of PHT's securities.

          (b)  PHT shall in no event disclose non-public information to the
               Investor, advisors to or representatives of the Investor unless
               prior to disclosure of such information PHT marks such
               information as "Non-Public Information - Confidential" and
               provides the Investor, such advisors and representatives with the
               opportunity to accept or refuse to accept such non-public
               information for review. PHT may, as a condition to disclosing any
               non-public information hereunder, require the Investor's advisors
               and representatives to enter into a confidentiality agreement in
               form reasonably satisfactory to PHT and the Investor.

          (c)  Nothing herein shall require PHT to disclose non-public
               information to the Investor or its advisors or representatives,
               and PHT represents that it does not disseminate non-public
               information to any Investors who purchase stock in PHT in a
               public offering, to money managers or to securities analysts.

     6.3 Costs and Expenses. PHT and the Investor shall bear their own costs and
expenses in connection with this transaction.

     6.4 Survival. All agreements, covenants, representations and warranties
made by PHT or by the Investor herein shall survive the execution and delivery
of this Agreement.

     6.5 Notices. Except as otherwise provided herein, all notices, requests,
demands, consents, instructions or other communications to or upon PHT, or the
Investor under this Agreement shall be in writing and facsimiled, mailed or
delivered to each party at the facsimile number or its address as provided below
(or to such other facsimile number or address as the recipient of any notice
shall have notified the other in writing). All such notices and communications
shall be effective (a) when sent by Federal Express or other overnight service
of recognized standing, on the Business Day following the deposit with such
service; (b) when mailed, by registered or certified mail, first class postage
prepaid and addressed as aforesaid through the United States Postal Service,
upon receipt; (c) when delivered by hand, upon delivery; and (d) when
facsimiled, upon confirmation of receipt to the following:

                  Performance Health Technologies, Inc.
                  427 River View Plaza, Trenton, New Jersey 08611
                  Attention:  Robert Prunetti
                  Fax:  (609) 656-0869

     To the Investor at the Address Set Forth on the Investor Questionnaire.

     6.6 Nonwaiver. No failure or delay on any party in exercising any right
hereunder shall operate as a waiver thereof or of any other right nor shall any
single or partial exercise of any such right preclude any other further exercise
thereof or of any other right.

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     6.7 Amendments and Waivers. This Agreement may not be amended or modified,
nor may any of its terms be waived, except by written instruments signed by all
of the parties. Such waiver or consent under any provision hereof shall be
effective only in the specific instances for the purpose for which given.

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

     6.9 Partial Invalidity. If at any time any provision of this Agreement is
or becomes illegal, invalid or unenforceable in any respect under the law of any
jurisdiction, neither the legality, validity or enforceability of the remaining
provisions of this Agreement nor the legality, validity or enforceability of
such provision under the law of any other jurisdiction shall in any way be
affected or impaired thereby.

     6.10 Headings. Headings in this Agreement are for convenience of reference
only and are not part of the substance hereof or thereof.

     6.11 Entire Agreement. This Agreement constitutes and contains the entire
agreement of the parties hereto and supersedes any and all prior agreements,
negotiations, correspondence, understandings and communications among the
parties, whether written or oral, respecting the subject matter hereof.

     6.12 Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of New York without reference to conflicts
of law rules.

     6.13 Jurisdiction. Any suit, action or proceeding seeking to enforce any
provision of, or based on any matter arising out of or in connection with, this
Agreement or the transactions contemplated hereby may be brought in the courts
of the State of New York located in the County of New York and the federal
courts of the United States of America located in such State and County. Each of
the parties (a) consents to the exclusive jurisdiction of such courts (and of
the appropriate appellate courts therefrom) in any such suit, action or
proceeding, (b) irrevocably waives, to the fullest extent permitted by law, any
objection which it may now or hereafter have to the laying of the venue of any
such suit, action or proceeding in any such court or that any such suit, action
or proceeding which is brought in any such court has been brought in an
inconvenient forum, (c) will not attempt to deny or defeat such personal
jurisdiction by motion or other request for leave from any such court, and (d)
will not bring any action relating to this Agreement or any of the transactions
contemplated by this Agreement in any other court. Process in any such suit,
action or proceeding may be served on any party anywhere in the world, whether
within or without the jurisdiction of any such court. Without limiting the
foregoing, each party agrees that service of process on such party as provided
in Section 6.6 will be deemed effective service of process on such party.

     6.14 JURY TRIAL. EACH PARTY HERETO, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY AS TO ANY
ISSUE.

                                       12
<PAGE>

     6.15 Counterparts. This Agreement may be executed in several counterparts,
each of which shall be deemed an original, but such counterparts shall together
constitute but one and the same agreement.

                                       13
<PAGE>

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
set forth below.

                                       By: ____________________________________
                                           Name:
                                           Title:
                                           Date:

                                       PERFORMANCE HEALTH TECHNOLOGIES, INC.

                                       By: ____________________________________
                                           Robert D. Prunetti
                                           President and Chief Executive Officer
                                           Date:

                                       14
<PAGE>

A. INDIVIDUALS (IF INVESTOR IS AN INDIVIDUAL, COMPLETE THIS PART A)

1. Name of Investor(s)(1)

         Address (including Zip Code)_________________________________________
         _____________________________________________________________________

         Telephone No. (     )___________________________
         Telecopy No.  (     )___________________________

2. Indicate type of ownership subscribed for:

         ____  Individual
         ____  Joint Tenants with Rights of Survivorship
         ____  Tenant in Common
         ____  Tenants by the Entirety

3. Social Security Number(s)

4. Each Investor must initial at least one of the following statements:

         ____    (a)   Investor certifies that he/she is a director or executive
                       officer of PHT.

         ____    (b)   Investor certifies that he/she is a natural person whose
                       individual net worth, or joint net worth with his/her
                       spouse, at the time of his/her Loan to PHT exceed
                       $1,000,000 (inclusive of the value of his/her home, home
                       furnishings and automobiles).

         ____    (c)   Investor certifies that he/she is a natural person who
                       has an individual income(2) in excess of $200,000 in each
                       of the two most recent years or joint income with his/her
                       spouse in excess of $300,000 in each of those years, and
                       has a reasonable expectation of reaching the same income
                       level in the current year.

____________________
(1)      If there is more than one Investor other than husband and wife, a
         separate Investor Questionnaire must be completed for each such
         Investor and attached to this Investor Questionnaire. If Investors are
         husband and wife, please include both names, be certain to complete
         item 2 and include both social security numbers (indicating to which
         individual each social security number belongs) in item 3.

(2)      In determining income, a Investor should add to his or her adjusted
         gross income any amounts attributable to tax-exempt income received,
         losses claimed as a limited partner in any limited partnership,
         deductions claimed for depletion, contributions to IRA or Keogh
         retirement plans, alimony payments and any amount by which income from
         long-term capital gains has been reduced in arriving at adjusted gross
         income.

                                       15
<PAGE>

B. ENTITIES (IF INVESTOR IS AN ENTITY, COMPLETE THIS PART B)

1. Name of Investor

     Address (including Zip Code)

     Telephone No. (    )
     Telecopy No.  (    )

2. Indicate type of entity:

     ____  Corporation            ____  Trust    ____  Limited Partnership

     ____  General Partnership    ____  IRA      ____  Pension Plan or Trust

     Other:

3. Date of formation or incorporation: _____________________________

4. State of formation or incorporation: ____________________________

5. Indicate whether Investor was organized for the specific purpose of acquiring
Common Stock of PHT.
                                                        Yes ____    No ____

6. Indicate the individual(s) authorized to execute documents on behalf of the
Entity Investor in connection with this investment:

     Name: _____________________________
     Title: ____________________________

     Taxpayer Identification Number: ___________________________________

7. Each Investor must initial at least one of the following statements:

         ____    (a)   Investor certifies that it is a bank as defined in
                       Section 3(a)(2) of the Securities Act of 1933, as amended
                       (the "Act"), or any savings and loan association or other
                       institution as defined in Section 3(a)(5)(A) of the Act,
                       whether acting in its individual or fiduciary capacity.

         ____    (b)   Investor certifies that it is an insurance company as
                       defined in Section 2(13) of the Act.

         ____    (c)   Investor certifies that it is a broker/dealer registered
                       pursuant to the Securities Exchange Act of 1934, as
                       amended.

         ____    (d)   Investor certifies that it is an investment company
                       registered under the Investment Company Act of 1940, as
                       amended, or business development company as defined in
                       Section 2(a)(48) of such Act.

         ____    (e)   Investor certifies that it is a Small Business Investment
                       Company licensed by the U.S. Small Business
                       Administration under Section 301(c) or (d) of the Small
                       Business Investment Act of 1958.

         ____    (f)   Investor certifies that it is an employee benefit plan
                       within the meaning of Title I of the Employee Retirement
                       Income Security Act of 1974, as amended ("ERISA"), and
                       either (i) the investment decision is made by a plan
                       fiduciary, as defined in Section 3(21) of ERISA, which is
                       either a bank, savings and loan association, insurance
                       company or registered investment adviser, (ii) the
                       employee benefit plan has total assets in excess of
                       $5,000,000, or (iii) if a self-directed plan, investment
                       decisions are made solely by persons that are "accredited
                       investors" as defined in Rule 501(a) of Regulation D
                       promulgated under the Act.

         ____    (g)   Investor certifies that it is a private business
                       development company as defined in Section 202(a)(22) of
                       the Investment Advisers Act of 1940, as amended.

         ____    (h)   Investor certifies that it is a corporation, partnership,
                       a Massachusetts or similar business trust or other trust
                       (if the trust's purchase of securities is directed by a
                       sophisticated person as described in Rule 506(b)(2)(ii)
                       of Regulation D under the Act) or other organization
                       described in Section 501(c)(3) of the Internal Revenue
                       Code of 1986, as amended, not formed for the specific
                       purpose of acquiring the Common Stock, with total assets
                       in excess of $5,000,000.

         ____    (i)   Investor certifies that it is an entity in which all of
                       the equity owners are "accredited investors" as defined
                       in Rule 501(a) of Regulation D promulgated under the Act.

         ____    (j)   None of the statements in clauses (a) through (i) are
                       applicable to the Entity Investor and the Entity Investor
                       is otherwise not an "accredited investor" as defined in
                       Rule 501(a) of Regulation D promulgated under the Act.

8. Investor agrees to provide, upon request by PHT, the following information:

         (A)      Corporations will provide the articles of incorporation,
                  by-laws and corporate resolution authorizing the Loan and
                  authorizing the person(s) signing this Investor Questionnaire.
                  All the documents must be certified by the Secretary or
                  Assistant

                                       17
<PAGE>

                  Secretary of the corporation as being true and correct copies
                  thereof and in full force and effect.

         (B)      Partnerships and limited liability companies will provide a
                  copy of the partnership agreement, articles of organization,
                  and/or operating agreement showing the date of formation and
                  giving evidence of the authority of the person(s) signing this
                  Investor Questionnaire.

         (C)      Trusts will provide a copy of the trust agreement showing the
                  date of formation and giving evidence of the authority of the
                  person(s) signing this Investor Questionnaire.

C.                ACKNOWLEDGEMENTS AND REPRESENTATIONS TO BE MADE BY ALL
                  INVESTORS (EVERY INVESTOR MUST COMPLETE THIS PART C)

         Investor understands that PHT will be relying on the accuracy and
completeness of the representations made above as well as Investor's responses
to the questions contained in this Investor Questionnaire. Investor understands
that a false representation may constitute a violation of law, and that any
person who suffers damage as a result of a false representation may have a claim
for damages as a result of such false representation.

         ALL INFORMATION CONTAINED IN THIS QUESTIONNAIRE WILL BE TREATED
CONFIDENTIALLY. However, Investor agrees that PHT may present this Investor
Questionnaire to such parties as PHT deems appropriate if called upon to
establish that the Loan is exempt from registration under the Securities Act of
1933, as amended, or meets the requirements of applicable state securities law.

         Investor represents and warrants to PHT as follows (each Investor must
initial all of the following):

         ____    (a)   The representations and the answers to the questions in
                       this Investor Questionnaire are complete and correct and
                       may be relied upon by PHT and its counsel.

         ____    (b)   Investor has full power and authority to make the Loan to
                       PHT.

         ____    (c)   The Loan and this Investor Questionnaire have been duly
                       and validly authorized, executed, and delivered by
                       Investor and constitute the valid, binding, and
                       enforceable agreement of Investor.

         ____    (d)   Investor has reviewed this Questionnaire, including, but
                       not limited to the information set forth on pages 1-2,
                       the Cover Letter accompanying this Subscription
                       Agreement, the Note and has received all information
                       Investor has deemed relevant and has had all of
                       Investor's questions answered with respect to the Loan
                       and PHT and has made such independent investigation into
                       PHT as Investor has deemed necessary.

                                       18
<PAGE>

         ____    (e)   The Loan is made solely for the account of Investor with
                       a view to and for investment and not with a view to or
                       for distribution, assignment, participation, or resale.
                       Investor has no contract, undertaking, agreement, or
                       arrangement with any person to sell, transfer, or pledge
                       the Note, the Loan, or any interest therein. There are
                       substantial restrictions on the transferability of the
                       Note. There will be no public market for the Note and
                       Investor must bear the economic risk involved in the Loan
                       and the Common Stock for an indefinite term.

         ____    (f)   Investor acknowledges there is a substantial economic
                       risk with respect to the repayment of the Loan or any
                       interest therein and that Investor has such knowledge and
                       experience in financial and business matters that
                       Investor is able to evaluate the risks and merits of the
                       Loan and is making an informed decision to make the Loan.

         ____    (g)   Investor did not learn about the Loan through any
                       advertisement, article, notice, or other communication
                       published in any newspaper, magazine, or similar media or
                       broadcast over television, radio, or the internet or at
                       any seminar or meeting to which Investor was invited by a
                       general solicitation or advertising.

         ____    (h)   Investor hereby agrees to indemnify PHT and its officers,
                       directors, shareholders, agents, and employees and to
                       hold each of such entities and persons harmless from and
                       against any and all liabilities, loss, damages, costs, or
                       expenses (including reasonable attorneys' fees) to which
                       they, or any of them, may be put or which they, or any of
                       them, may incur by reason of any breach of the
                       representations and warranties made by Investor in this
                       Investor Questionnaire.

         ____    (i)   Investor will notify PHT immediately of any material
                       change in any representation made above or any statement
                       made herein that occurs prior to the closing of the Loan.

IF INVESTOR IS AN INDIVIDUAL:

__________________________________           ___________________________________
Signature of Investor                        Print Name of Investor

__________________________________           ___________________________________
Signature of Spouse, if applicable           Print Name of Spouse, if applicable

Date: ____________________

                                       19
<PAGE>

IF INVESTOR IS AN ENTITY:

_________________________________            ___________________________________
Signature of Officer,                        Print Name of Officer,
Trustee or Partner, as applicable            Trustee, or Partner, as applicable

Date: ___________________________

PHT HEREBY ACCEPTS THE LOAN FROM
INVESTOR AS OF ______________, 2006

Performance Health Technologies, Inc.

By: _____________________________
    Robert D. Prunetti

                                       20EXHIBIT 10.73
                                                                   -------------

           NON-U.S. SUBSCRIPTION AGREEMENT AND INVESTOR QUESTIONNAIRE
           ----------------------------------------------------------

     This Subscription Agreement and Investor Questionnaire (the "Agreement") is
made and entered into as of the date set forth below by and between the person
or entity set forth on the signature page below (the "Investor") and Performance
Health Technologies, Inc. ("PHT").

                                    RECITALS

     WHEREAS, PHT has authorized the issuance and sale of PHT's equity units up
to an aggregate amount of $300,000 (the "Units" or the "Securities"), in a
private offering (the "Offering") with each Unit, having a purchase price of
$1,000, consisting of (i) an unsecured convertible Note in the amount of $1,000
(collectively referred to herein as the "Notes") and (ii) 4,000 warrants to
purchase PHT common stock, 2000 of which shall have an exercise price of $0.75
per share and 2000 of which shall have an exercise price of $1.50 per share
(collectively referred to herein as the "Warrants"); and

     WHEREAS, the Investor desires to purchase Units on the terms set forth
herein;

     NOW, THEREFORE, in consideration of the covenants, promises and
representations set forth herein and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties hereby
agree as follows:

1. PURCHASE AND SALE OF NOTES

     1.1 At the Closing (as defined below) the Investor shall purchase from PHT
and PHT shall sell to the Investor, subject to all of the terms and conditions
hereof, Units for the purchase price set forth on the signature page.

2. CLOSING

     2.1 Date of Closing. The closing (the "Closing") of the purchase and sale
of the Units shall take place on any date subsequent to the date of this
Agreement up to and including January 31, 2007 as determined by PHT (the
"Closing Date").

     2.2 Items to be Delivered by the Investor to PHT. The following shall be
delivered by the Investor to PHT on the Closing Date:

          (a)  this Agreement executed by the Investor;

          (b)  the Investor Questionnaire;

          (c)  the purchase price for the Units by wire transfer to the account
               designated by PHT.

                                        1
<PAGE>

     2.3 Items to be Delivered to the Investor by PHT. The following shall be
delivered by PHT to the Investor on the Closing Date: the Notes and Warrants
included in the Units purchased by the Investor. A form of the Note has been
provided to the Investor.

3. REPRESENTATIONS AND WARRANTIES OF PHT

     PHT hereby represents and warrants to the Investor as follows:

     3.1 Corporate Existence and Power. PHT is a corporation duly incorporated,
validly existing and in good standing under the laws of the State of Delaware.
PHT has all corporate power and all material governmental permits required to
carry on its business as now conducted.

     3.2 Corporate Authorization; Enforceability. The execution, delivery and
performance by PHT of this Agreement and the Notes are within PHT's corporate
powers and have been duly authorized by the Board of Directors of PHT and no
other corporate action on the part of PHT is necessary to authorize this
Agreement or issuance of the Notes. This Agreement has been, and the Notes will
be duly executed and delivered by PHT. This Agreement constitutes the valid and
binding agreement of PHT, enforceable against PHT in accordance with its terms,
except to the extent that its enforceability may be subject to applicable
bankruptcy, insolvency, reorganization, moratorium and similar laws affecting
the enforcement of creditors' rights generally and by general principles of
equity.

     3.3 No Conflict. The execution, delivery and performance by PHT of this
Agreement, and the consummation of the transactions contemplated hereby,
including issuance of the Units, do not and will not at the Closing, (a) violate
any provision of law, statute, rule or regulation, or any ruling, writ,
injunction, order, judgment or decree of any court, administrative agency or
other governmental body applicable to PHT, or any of its properties or assets,
(b) conflict with or result in any breach of any of the terms, conditions or
provisions of, or constitute (with due notice or lapse of time, or both) a
default (or give rise to any right of termination, cancellation or acceleration)
under, or result in the creation of any encumbrance upon any of the properties
or assets of PHT under any material contract to which PHT is a party or (c)
violate any organizational document of PHT.

     3.4 Notes and Shares. The Notes and Warrants included in the Units and
common stock issuable upon conversion of the Notes (the "Conversion Shares") and
upon exercise of the Warrants (the "Warrant Shares" and together with the
Conversion Shares, the "Common Shares"), when issued and delivered in accordance
with the terms of this Agreement (and the terms of the Notes or Warrants, as the
case may be) will be duly authorized, validly issued, fully paid, non-assessable
and free and clear of any lien or other limitation or restriction.

     3.5 Securities Matters. Subject to the accuracy of the representations of
the Investor set forth in Section 4.4 hereof the offer, sale and issuance of the
Notes as contemplated by this Agreement are exempt from the registration
requirements of the Securities Act. PHT has complied and will comply with all
applicable state "blue sky" or securities laws in connection with the offer,
sale and issuance of the Notes and the Common Shares as contemplated by this
Agreement.

                                        2
<PAGE>

4. REPRESENTATIONS AND WARRANTIES OF THE INVESTOR

     The Investor hereby represents and warrants to PHT as follows:

     4.1 Organization and Good Standing; Power and Authority. Any Investor that
is a corporation (a) is a corporation duly organized, validly existing and in
good standing under the laws of its organization, and (b) has all requisite
corporate power and authority and all authorizations, licenses and material
permits necessary to own, lease and operate its properties, to carry on its
business as presently conducted and as proposed to be conducted and to enter
into and carry out the transactions contemplated by this Agreement.

     4.2 Authorization of the Agreement. This Agreement constitutes a valid and
legally binding obligation of the Investor except to the extent that
enforceability may be limited by bankruptcy, insolvency or similar laws
affecting creditors' rights generally or by general principles of equity.

     4.3 No Conflict. The execution, delivery and performance by the Investor of
this Agreement and the consummation by the Investor of the transactions
contemplated hereby do not and will not at the Closing (a) violate any provision
of law, statute, rule or regulation, or any ruling, writ, injunction, order,
judgment or decree of any court, administrative agency or other governmental
body applicable to the Investor, or any of its properties or assets, (b)
conflict with or result in any breach of any of the terms, conditions or
provisions of, or constitute (with due notice or lapse of time, or both) a
default (or give rise to any right of termination, cancellation or acceleration)
under, or result in the creation of any encumbrance upon any of the properties
or assets of the Investor under any material contract to which the Investor is a
party or (c) violate any organizational document of any corporate Investor.

     4.4 Investment Representation.

          (a)  The Investor has received and reviewed the following (the "PHT
               Documents"):

               1.   Letter dated December 12, 2006, describing terms of the
                    Offering and certain risk factors.

               2.   Subscription Agreement.

          (b)  The Investor or Investor's designated representatives have
               concluded a satisfactory due diligence investigation of PHT and
               have had an opportunity to review the PHT Documents and to have
               all of their questions related thereto satisfactorily answered.

                                        3
<PAGE>

          (c)  The Investor acknowledges that the Notes and Warrants included in
               the Units (and Common Shares) are speculative and involve a high
               degree of risk and the Investor represents that it is able to
               sustain the loss of the entire amount of its investment.

          (d)  The Investor (or its members and/or officers) has previously
               invested in unregistered securities and has sufficient financial
               and investing expertise to evaluate and understand the risks of
               the Notes and Warrants included in the Units (and Common Shares).

          (e)  The Investor has received from PHT, and is relying on, no
               representations or projections with respect to PHT's business and
               prospects except as set forth in this Agreement and the PHT
               Documents.

          (f)  The Investor is an "accredited investor" within the meaning of
               Regulation D under the Securities Act.

          (g)  The Investor is acquiring the Notes and Warrants included in the
               Units (and Common Shares) for investment purposes only without
               intent to distribute the same, and acknowledges that the Notes
               and Warrants included in the Units (and Common Shares) have not
               been registered under the Securities Act and applicable state
               securities laws, and accordingly, constitute "restricted
               securities" for purposes of the Securities Act and such state
               securities laws.

          (h)  The Investor acknowledges that it will not be able to transfer
               the Notes and Warrants included in the Units (and Common Shares)
               except upon compliance with Regulation S, the registration
               requirements of the Securities Act and applicable state
               securities laws or exemptions therefrom.

          (i)  The certificates and/or instruments evidencing the Notes and
               Warrants included in the Units (and Common Shares) will contain
               the following legend:

"THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED, SOLD,
TRANSFERRED, PLEDGED, ASSIGNED, HYPOTHECATED OR OTHERWISE DISPOSED OF EXCEPT
PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT, OR AN EXEMPTION
FROM REGISTRATION AND OTHERWISE IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT
BETWEEN THE ISSUER AND THE ORIGINAL OWNER OF THE SECURITIES, A COPY OF WHICH IS
ON FILE AT THE PRINCIPAL EXECUTIVE OFFICE OF THE ISSUER."

                                        4
<PAGE>

5. REGISTRATION RIGHTS

     5.1 Registration of Common Shares.

          (a)  Registration. PHT agrees to include the Common Shares in a
               pre-effective amendment to its registration statement which was
               filed with the SEC on November 14, 2006. The Company shall use
               its best efforts to have the registration statement declared
               effective within 60 days of the date hereof. The registration
               requested pursuant to this Section 5.1(a) is referred to herein
               as the "Registration".

          (b)  Restrictions on Registration. PHT will not be obligated to effect
               a Registration within one hundred twenty (120) days after the
               effective date of a registration statement in which Common Shares
               of the Investor are included in a registration statement pursuant
               to Section 5.2 hereof. PHT may postpone for a period not
               exceeding ninety (90) days the filing or the effectiveness of a
               registration statement for a Registration if PHT provides
               Investor with written notice that in PHT's good faith judgment
               such Registration might have an adverse effect on any proposal or
               plan by PHT to engage in any acquisition of assets (other than in
               the ordinary course of business) or any merger, consolidation,
               tender offer, public offering or similar transaction, provided
               that, in such event, PHT will use its best efforts to effect a
               Registration as promptly as practicable thereafter.

     5.2 Participation in Registered Offerings. If PHT proposes or is required
to register any of its shares or other equity securities for public sale for
cash under the Securities Act (other than on Forms S-4 or S-8 or similar
registration forms), it will at each such time or times give written notice to
the Investor of its intention to do so. Upon the written request of the Investor
given within twenty (20) days after receipt of any such notice, PHT shall use
its best efforts to cause to be included in such registration any Common Shares
held by the Investor requested to be registered; provided, that if the managing
underwriter advises that less than all of the shares requested to be registered
should be offered for sale so as not materially and adversely to affect the
price or salability of such offering being registered by PHT, the Investor (but
not PHT to the extent it desires to include shares for its own account) shall
reduce the number of its Common Shares to be included in the registration
statement as required by the underwriter to the extent requisite of all
prospective sellers of the securities proposed to be registered (other than PHT)
on a pro rata basis according to the amounts of securities proposed to be
registered by all prospective sellers to permit the sale or other disposition
(in accordance with the intended method of disposition thereof as aforesaid) by
the prospective seller or sellers of the securities so registered. The
registration requested pursuant to this Section 5.2 is referred to herein as the
"Piggyback Registration".

     5.3 Obligations of Investor. It shall be a condition precedent to the
obligation of PHT to register any Common Shares pursuant to this Section 5 that
the Investor shall furnish to PHT such information regarding the Common Shares
held and the intended method of disposition thereof and other information
concerning the Investor as PHT shall reasonably request and as

                                        5
<PAGE>

shall be required in connection with the registration statement to be filed by
PHT. If after a registration statement becomes effective PHT advises the
Investor that PHT considers it appropriate to amend or supplement the applicable
registration statement, the Investor shall suspend further sales of the Common
Shares until PHT advises the Investor that such registration statement has been
amended or supplemented.

     5.4 Registration Proceedings. Whenever PHT is required by the provisions of
this Section 5 to effect the registration of the Common Shares under the
Securities Act, PHT shall:

          (i)  Prepare and promptly file with the SEC a registration statement
               with respect to such securities and use its best efforts to cause
               such registration statement to become effective within 60 days of
               filing and remain effective;

          (ii) Prepare and file with the SEC such amendments to such
               registration statement and supplements to the prospectus
               contained therein as may be necessary to keep such registration
               statement effective;

          (iii) Furnish to the Investor and to the underwriters of the
               securities being registered such reasonable number of copies of
               the registration statement, preliminary prospectus, final
               prospectus and such other documents as such underwriters may
               reasonably request in order to facilitate the public offering of
               such securities;

          (iv) Use its best efforts to register or qualify the securities
               covered by such registration statement under such state
               securities or Blue Sky Laws of such jurisdictions as the Investor
               may reasonably request within twenty (20) days following the
               original filing of such registration statement, except that PHT
               shall not for any purpose be required to execute a general
               consent to service of process or to qualify to do business as a
               foreign corporation in any jurisdiction wherein it is not so
               qualified;

          (v)  Notify the Investor, promptly after it shall receive notice
               thereof, of the time when such registration statement has become
               effective or a supplement to any prospectus forming a part of
               such registration statement has been filed;

          (vi) Notify the Investor promptly of any request by the SEC for the
               amending or supplementing of such registration statement or
               prospectus or for additional information; and

          (vii) Prepare and promptly file with the SEC and promptly notify the
               Investor of the filing of such amendment or supplement to such
               registration statement or prospectus as may be necessary to
               correct any statements or omissions if, at the time when a
               prospectus relating to such securities is required to be
               delivered under the Securities Act, any event shall have

                                        6
<PAGE>

               occurred as the result of which any such prospectus or any other
               prospectus as then in effect would include an untrue statement of
               a material fact or omit to state any material fact necessary to
               make the statements therein, in light of the circumstances in
               which they were made, not misleading. Notwithstanding any
               provision herein to the contrary, PHT shall not be required to
               amend, supplement, or update a prospectus contained in any
               registration statement if to do so would result in an unduly
               burdensome expense to PHT.

     5.5 Expenses. With respect to the inclusion of the Common Shares in a
registration statement pursuant to this Section 5, all registration expenses,
fees, costs and expenses of and incidental to such registration, shall be borne
by PHT; provided, however, that Investor shall bear its own professional fees
and pro rata share of the underwriting discounts and commissions. The fees,
costs and expenses of registration to be borne by PHT shall include, without
limitation, all registration, filing, and printing expenses, fees and
disbursements of counsel and accountants for PHT, fees and disbursements of
counsel for the underwriter or underwriters of such securities (if PHT and/or
selling security holders are required to bear such fees and disbursements), and
all legal fees and disbursements and other expenses of complying with state
securities or Blue Sky laws of any jurisdiction in which the securities to be
offered are to be registered or qualified.

     5.6 Indemnification of the Investor. Subject to the conditions set forth
below, in connection with any registration of the Common Shares pursuant to this
Section 5, PHT agrees to indemnify and hold harmless the Investor, any
underwriter for the offering and each of their officers and directors and agents
and each other person, if any, who controls Investor or their underwriter (each,
an "Investor Indemnified Party"), within the meaning of Section 15 of the
Securities Act, as follows:

          (i)  Against any and all loss, claim, damage and expense whatsoever
               arising out of or based upon (including, but not limited to, any
               and all expense whatsoever reasonably incurred in investigating,
               preparing or defending any litigation, commenced or threatened,
               or any claim whatsoever based upon) any untrue or alleged untrue
               statement of a material fact contained in any preliminary
               prospectus (if used prior to the effective date of the
               registration statement), the registration statement or the
               prospectus (as from time to time amended and supplemented), or in
               any application or other document executed by PHT or based upon
               written information furnished by PHT filed in any jurisdiction in
               order to qualify PHT's securities under the securities laws
               thereof, or the omission or alleged omission therefrom of a
               material fact required to be stated therein or necessary to make
               the statements therein not misleading, or any other violation of
               applicable federal or state statutory or regulatory requirements
               or limitations relating to action or inaction by PHT in the
               course of preparing, filing, or implementing such registered
               offering; provided, however, that the indemnity agreement
               contained in this section shall not apply to any loss, claim,
               damage, liability or action arising out of or based upon any
               untrue or alleged untrue statement or omission made in reliance

                                        7
<PAGE>

               upon and in conformity with any information furnished in writing
               to PHT by or on behalf of the Investor expressly for use in
               connection therewith or arising out of any action or inaction of
               the Investor;

          (ii) Subject to the proviso contained in Subsection (i) above, against
               any and all loss, liability, claim, damage and expense whatsoever
               to the extent of the aggregate amount paid in settlement of any
               litigation, commenced or threatened, or of any claim whatsoever
               based upon any untrue statement or omission (including, but not
               limited to, any and all expense whatsoever reasonably incurred in
               investigating, preparing or defending against any such litigation
               or claim) if such settlement is effected with the written consent
               of PHT; and

          (iii) In no case shall PHT be liable under this indemnity agreement
               with respect to any claim made against any Investor Indemnified
               Party unless PHT shall be notified, by letter or by facsimile
               confirmed by letter, of any action commenced against such
               Investor Indemnified Party, promptly after such person shall have
               been served with the summons or other legal process giving
               information as to the nature and basis of the claim. The failure
               to so notify PHT, if prejudicial in any material respect to PHT's
               ability to defend such claim, shall relieve PHT from its
               liability to the indemnified person under this Section 5.6, but
               only to the extent that PHT was prejudiced. The failure to so
               notify PHT shall not relieve PHT from any liability which it may
               have otherwise than on account of this indemnity agreement. PHT
               shall be entitled to participate at its own expense in the
               defense of any suit brought to enforce any such claim, but if PHT
               elects to assume the defense, such defense shall be conducted by
               counsel chosen by it, provided such counsel is reasonably
               satisfactory to the Investor Indemnified Party in any suit so
               brought. In the event PHT elects to assume the defense of any
               such suit and retain such counsel, the Investor Indemnified Party
               in the suit shall, after the date they are notified of such
               election, bear the fees and expenses of any counsel thereafter
               retained by them, as well as any other expenses thereafter
               incurred by them in connection with the defense thereof;
               provided, however, that if the Investor Indemnified Party
               reasonably believes that there may be available to it any defense
               or counterclaim different than those available to PHT or that
               representation of the Investor Indemnified Party by counsel for
               PHT presents a conflict of interest for such counsel, then the
               Investor Indemnified Party shall be entitled to defend such suit
               with counsel of its own choosing and PHT shall bear the fees,
               expenses and other costs of such separate counsel.

     5.7 Indemnification of PHT. The Investor agrees to indemnify and hold
harmless PHT, each underwriter for the offering, and each of their officers and
directors and agents and each other person, if any, who controls PHT and the
underwriter within the meaning of Section 15 of the Securities Act and any other
stockholder selling securities against any and all such

                                        8
<PAGE>

losses, liabilities, claims, damages and expenses as are indemnified against by
PHT under Section 5.6 (i), (ii) and (iii) above; provided, however, that such
indemnification by Investor hereunder shall be limited to any losses,
liabilities, claims, damages, or expenses to the extent caused by any untrue
statement of a material fact or omission of a material fact (required to be
stated therein or necessary to make statements therein not misleading), if any
made (or in settlement of any litigation effected with the written consent of
such Investors, alleged to have been made) in any preliminary prospectus, the
registration statement or prospectus or any amendment or supplement thereof or
in any application or other document in reliance upon, and in conformity with,
written information furnished in respect of such Investor by or on behalf of
such Investor expressly for use in any preliminary prospectus, the registration
statement or prospectus or any amendment or supplement thereof or in any such
application or other document or arising out of any action or inaction of such
Investor in implementing such registered offering. Notwithstanding the
foregoing, the indemnification obligation of Investor shall not exceed the
purchase price of the Units paid by Investor. In case any action shall be
brought against PHT, or any other person so indemnified, in respect of which
indemnity may be sought against any Investor, such Investor shall have the
rights and duties given to PHT, and each other person so indemnified shall have
the rights and duties given to Investor, by the provisions of Section 5.6. The
person indemnified agrees to notify the Investor promptly after the assertion of
any claim against the person indemnified in connection with the sale of
securities.

     5.8 Contribution. If the indemnification provided for in Sections 5.6 and
5.7 above are unavailable or insufficient to hold harmless an indemnified party
in respect of any losses, claims, damages or liabilities (or actions in respect
thereof) referred to therein, then each indemnifying party shall contribute to
the amount paid or payable by such indemnified party as a result of such losses,
claims, damages or liabilities (or actions in respect thereof) in such
proportion as is appropriate to reflect the relative fault of the indemnified
party, on one hand, and such indemnifying party, on the other hand, in
connection with the statements or omissions which resulted in such losses,
claims, damages, or liabilities (or actions in respect thereof). The relative
fault shall be determined by reference to, among other things, whether the
untrue or alleged untrue statement of a material fact or the omission or alleged
omission to state a material fact relates to information supplied by the
indemnified party, on one hand, or such indemnifying party, on the other hand,
and the parties' relative intent, knowledge, access to information and
opportunity to correct or prevent such statement or omission. No person who has
committed fraudulent misrepresentation (within the meaning of the Securities
Act) shall be entitled to contribution from any person who was not guilty of
such fraudulent misrepresentation. The amount paid or payable by an indemnified
party as a result of the losses, claims, damages or liabilities (or actions in
respect thereof) referred to above in this Section shall be deemed to include
any legal or other expenses reasonably incurred by such indemnified party in
connection with investigating or defending any such action or claim.

     5.9 Assignment of Registration Rights. The right to have PHT register
Common Shares pursuant to this Agreement shall be automatically assignable to
any transferee of all or any portion of the Notes, Warrants or Common Shares if:
(a) the Investor agrees in writing with the transferee or assignee to assign
such rights, and a copy of such agreement is furnished to PHT within a
reasonable time after such assignment, (b) PHT is, within a reasonable time
after

                                        9
<PAGE>

such transfer or assignment, furnished with written notice of (i) the name and
address of such transferee or assignee, and (ii) the securities with respect to
which such registration rights are being transferred or assigned, (c) following
such transfer or assignment, the further disposition of such securities by the
transferee or assignee is restricted under the 1933 Act and applicable state
securities laws and, (d) at or before the time PHT receives the written notice
contemplated by clause (b) of this sentence, the transferee or assignee agrees
in writing with PHT to be bound by all of the provisions contained herein (the
foregoing a "Permitted Transferee").

6. MISCELLANEOUS

     6.1 Definitions.

     "Business Day" means a day that is not a Saturday, Sunday or a day on which
commercial banking institutions located in New York City, New York are
authorized or required to close.

     "Exchange Act" means the Securities Exchange Act of 1934, as amended, and
the rules and regulations promulgated thereunder.

     "SEC" means the Securities and Exchange Commission.

     "Securities Act" means the Securities Act of 1933, as amended.

     6.2 Confidentiality.

          (a)  The Investor agrees to keep confidential any and all non-public
               information delivered or made available to the Investor by PHT
               except for disclosures, as necessary, made by the Investor to the
               Investor's officers, directors, employees, agents, counsel and
               accountants each of whom shall be notified by the Investor of
               this confidentiality covenant and for whom the Investor shall be
               liable in the event of any breach of this covenant by any such
               individual or individuals; provided, however, that nothing herein
               shall prevent the Investor from disclosing such information (i)
               upon the order of any court or administrative agency, (ii) upon
               the request or demand of any regulatory agency or authority
               having jurisdiction over the Investor, (iii) which has been
               publicly disclosed or (iv) to any of its members provided that
               any such members agree in writing (with a copy provided to PHT)
               to be bound by confidentiality provisions in form and substance
               substantially as are contained herein. In the event of a
               mandatory disclosure as described in clause (i) and/or (ii) of
               the preceding sentence, the Investor shall promptly notify PHT in
               writing of any applicable order, request or demand for such
               information, cooperate with PHT if and to the extent that PHT
               elects to seek an appropriate protective order or other relief
               from such order, request, or demand, and disclose only the
               minimal amount of information ultimately required to be
               disclosed. No Investor shall use for its own benefit, nor permit
               any other person to use for such person's benefit, any of PHT's
               non-public

                                       10
<PAGE>

               information including, without limitation, in connection with the
               purchase and/or sale of PHT's securities.

          (b)  PHT shall in no event disclose non-public information to the
               Investor, advisors to or representatives of the Investor unless
               prior to disclosure of such information PHT marks such
               information as "Non-Public Information - Confidential" and
               provides the Investor, such advisors and representatives with the
               opportunity to accept or refuse to accept such non-public
               information for review. PHT may, as a condition to disclosing any
               non-public information hereunder, require the Investor's advisors
               and representatives to enter into a confidentiality agreement in
               form reasonably satisfactory to PHT and the Investor.

          (c)  Nothing herein shall require PHT to disclose non-public
               information to the Investor or its advisors or representatives,
               and PHT represents that it does not disseminate non-public
               information to any Investors who purchase stock in PHT in a
               public offering, to money managers or to securities analysts.

     6.3 Costs and Expenses. PHT and the Investor shall bear their own costs and
expenses in connection with this transaction.

     6.4 No Payment of Dividends. PHT shall not pay any cash dividends on its
Common Stock so long as any of the Notes are outstanding.

     6.5 Survival. All agreements, covenants, representations and warranties
made by PHT or by the Investor herein shall survive the execution and delivery
of this Agreement.

     6.6 Notices. Except as otherwise provided herein, all notices, requests,
demands, consents, instructions or other communications to or upon PHT, or the
Investor under this Agreement shall be in writing and facsimiled, mailed or
delivered to each party at the facsimile number or its address as provided below
(or to such other facsimile number or address as the recipient of any notice
shall have notified the other in writing). All such notices and communications
shall be effective (a) when sent by Federal Express or other overnight service
of recognized standing, on the Business Day following the deposit with such
service; (b) when mailed, by registered or certified mail, first class postage
prepaid and addressed as aforesaid through the United States Postal Service,
upon receipt; (c) when delivered by hand, upon delivery; and (d) when
facsimiled, upon confirmation of receipt to the following:

          Performance Health Technologies, Inc.
          427 River View Plaza
          Trenton, NJ  08611
          Attn.: Robert Prunetti, President and CEO
          Fax: (609) 656-0869

     To the Investor at the Address Set Forth on the Investor Questionnaire.

                                       11
<PAGE>

     6.7 Nonwaiver. No failure or delay on any party in exercising any right
hereunder shall operate as a waiver thereof or of any other right nor shall any
single or partial exercise of any such right preclude any other further exercise
thereof or of any other right.

     6.8 Amendments and Waivers. This Agreement may not be amended or modified,
nor may any of its terms be waived, except by written instruments signed by all
of the parties. Such waiver or consent under any provision hereof shall be
effective only in the specific instances for the purpose for which given.

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

     6.10 Partial Invalidity. If at any time any provision of this Agreement is
or becomes illegal, invalid or unenforceable in any respect under the law of any
jurisdiction, neither the legality, validity or enforceability of the remaining
provisions of this Agreement nor the legality, validity or enforceability of
such provision under the law of any other jurisdiction shall in any way be
affected or impaired thereby.

     6.11 Headings. Headings in this Agreement are for convenience of reference
only and are not part of the substance hereof or thereof.

     6.12 Entire Agreement. This Agreement constitutes and contains the entire
agreement of the parties hereto and supersedes any and all prior agreements,
negotiations, correspondence, understandings and communications among the
parties, whether written or oral, respecting the subject matter hereof.

     6.13 Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of New York without reference to conflicts
of law rules.

     6.14 Jurisdiction. Any suit, action or proceeding seeking to enforce any
provision of, or based on any matter arising out of or in connection with, this
Agreement or the transactions contemplated hereby may be brought in the courts
of the State of New York located in the County of New York and the federal
courts of the United States of America located in such State and County. Each of
the parties (a) consents to the exclusive jurisdiction of such courts (and of
the appropriate appellate courts therefrom) in any such suit, action or
proceeding, (b) irrevocably waives, to the fullest extent permitted by law, any
objection which it may now or hereafter have to the laying of the venue of any
such suit, action or proceeding in any such court or that any such suit, action
or proceeding which is brought in any such court has been brought in an
inconvenient forum, (c) will not attempt to deny or defeat such personal
jurisdiction by motion or other request for leave from any such court, and (d)
will not bring any action relating to this Agreement or any of the transactions
contemplated by this Agreement in any other court. Process in any such suit,
action or proceeding may be served on any party anywhere in the world, whether
within or without the jurisdiction of any such court. Without limiting the
foregoing, each party agrees that service of process on such party as provided
in Section 6.6 will be deemed effective service of process on such party.

                                       12
<PAGE>

     6.15 JURY TRIAL. EACH PARTY HERETO, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY AS TO ANY
ISSUE.

     6.16 Counterparts. This Agreement may be executed in several counterparts,
each of which shall be deemed an original, but such counterparts shall together
constitute but one and the same agreement.

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
set forth below.

IF INVESTOR IS AN INDIVIDUAL:

__________________________________          ____________________________________
Signature of Investor                       Print Name of Investor

$________________ of Units to be Purchased Under this Agreement

Date:______________________, 2006

IF INVESTOR IS AN ENTITY:

___________________________________
              Print Name of Entity

_________________________________            ___________________________________
Signature of Officer,                        Print Name of Officer,
Trustee or Partner, as applicable            Trustee or Partner, as applicable

$________________ of Units to be Purchased Under this Agreement

Date:______________________, 2006

ACCEPTED:

Date: June 30, 2006                     PERFORMANCE HEALTH TECHNOLOGIES, INC.

                                        By: ________________________
                                            Name:
                                            Title:

                                       13
<PAGE>

A. INDIVIDUALS (IF INVESTOR IS AN INDIVIDUAL, COMPLETE THIS PART A)

1. Name of Investor(s)(1)__________________________________________________
   ________________________________________________________________________

     Address (including Zip Code)_________________________

     Telephone No. (    )_________________________________
     Telecopy No.  (    )_________________________________

2. Indicate type of ownership subscribed for:

         ____  Individual
         ____  Joint Tenants with Rights of Survivorship
         ____  Tenant in Common
         ____  Tenants by the Entirety

3. Social Security Number(s)

4. Each Investor must initial at least one of the following statements:

         ____    (a)   Investor certifies that he/she is a director or executive
                       officer of PHT.

         ____    (b)   Investor certifies that he/she is a natural person whose
                       individual net worth, or joint net worth with his/her
                       spouse, at the time of his/her Loan to PHT exceed
                       $1,000,000 (inclusive of the value of his/her home, home
                       furnishings and automobiles).

         ____    (c)   Investor certifies that he/she is a natural person who
                       has an individual income(2) in excess of $200,000 in each
                       of the two most recent years or joint income with his/her
                       spouse in excess of $300,000 in each of those years, and
                       has a reasonable expectation of reaching the same income
                       level in the current year.

______________________
(1)  If there is more than one Investor other than husband and wife, a separate
     Investor Questionnaire must be completed for each such Investor and
     attached to this Investor Questionnaire. If Investors are husband and wife,
     please include both names, be certain to complete item 2 and include both
     social security numbers (indicating to which individual each social
     security number belongs) in item 3.

(2)  In determining income, a Investor should add to his or her adjusted gross
     income any amounts attributable to tax-exempt income received, losses
     claimed as a limited partner in any limited partnership, deductions claimed
     for depletion, contributions to IRA or Keogh retirement plans, alimony
     payments and any amount by which income from long-term capital gains has
     been reduced in arriving at adjusted gross income.

                                       14
<PAGE>

B. ENTITIES (IF INVESTOR IS AN ENTITY, COMPLETE THIS PART B)

1. Name of Investor____________________________________________________________
   ____________________________________________________________________________

   Address (including Zip Code)_________________________________________

   Telephone No. (     )________________________________________________
   Telecopy No.  (     )________________________________________________

2. Indicate type of entity:

   ____  Corporation           ____  Trust   ____  Limited Partnership

   ____  General Partnership   ____  IRA     ____  Pension Plan or Trust

   Other: ________________________________________

3. Date of formation or incorporation: ______________________________________

4. State of formation or incorporation: _____________________________________

5. Indicate whether Investor was organized for the specific purpose of acquiring
Common Stock of PHT.
                                                       Yes ____    No ____

6. Indicate the individual(s) authorized to execute documents on behalf of the
Entity Investor in connection with this investment:

     Name: ______________________________
     Title: _____________________________

     Taxpayer Identification Number: ____________________________

7. Each Investor must initial at least one of the following statements:

         ____    (a)   Investor certifies that it is a bank as defined in
                       Section 3(a)(2) of the Securities Act of 1933, as amended
                       (the "Act"), or any savings and loan association or other
                       institution as defined in Section 3(a)(5)(A) of the Act,
                       whether acting in its individual or fiduciary capacity.

         ____    (b)   Investor certifies that it is an insurance company as
                       defined in Section 2(13) of the Act.

         ____    (c)   Investor certifies that it is a broker/dealer registered
                       pursuant to the Securities Exchange Act of 1934, as
                       amended.

                                       15
<PAGE>

         ____    (d)   Investor certifies that it is an investment company
                       registered under the Investment Company Act of 1940, as
                       amended, or business development company as defined in
                       Section 2(a)(48) of such Act.

         ____    (e)   Investor certifies that it is a Small Business Investment
                       Company licensed by the U.S. Small Business
                       Administration under Section 301(c) or (d) of the Small
                       Business Investment Act of 1958.

         ____    (f)   Investor certifies that it is an employee benefit plan
                       within the meaning of Title I of the Employee Retirement
                       Income Security Act of 1974, as amended ("ERISA"), and
                       either (i) the investment decision is made by a plan
                       fiduciary, as defined in Section 3(21) of ERISA, which is
                       either a bank, savings and loan association, insurance
                       company or registered investment adviser, (ii) the
                       employee benefit plan has total assets in excess of
                       $5,000,000, or (iii) if a self-directed plan, investment
                       decisions are made solely by persons that are "accredited
                       investors" as defined in Rule 501(a) of Regulation D
                       promulgated under the Act.

         ____    (g)   Investor certifies that it is a private business
                       development company as defined in Section 202(a)(22) of
                       the Investment Advisers Act of 1940, as amended.

         ____    (h)   Investor certifies that it is a corporation, partnership,
                       a Massachusetts or similar business trust or other trust
                       (if the trust's purchase of securities is directed by a
                       sophisticated person as described in Rule 506(b)(2)(ii)
                       of Regulation D under the Act) or other organization
                       described in Section 501(c)(3) of the Internal Revenue
                       Code of 1986, as amended, not formed for the specific
                       purpose of acquiring the Common Stock, with total assets
                       in excess of $5,000,000.

         ____    (i)   Investor certifies that it is an entity in which all of
                       the equity owners are "accredited investors" as defined
                       in Rule 501(a) of Regulation D promulgated under the Act.

         ____    (j)   None of the statements in clauses (a) through (i) are
                       applicable to the Entity Investor and the Entity Investor
                       is otherwise not an "accredited investor" as defined in
                       Rule 501(a) of Regulation D promulgated under the Act.

8. Investor agrees to provide, upon request by PHT, the following information:

          (A)  Corporations will provide the articles of incorporation, by-laws
               and corporate resolution authorizing the Loan and authorizing the
               person(s) signing this Investor Questionnaire. All the documents
               must be certified by the Secretary or Assistant

                                       16
<PAGE>

               Secretary of the corporation as being true and correct copies
               thereof and in full force and effect.

          (B)  Partnerships and limited liability companies will provide a copy
               of the partnership agreement, articles of organization, and/or
               operating agreement showing the date of formation and giving
               evidence of the authority of the person(s) signing this Investor
               Questionnaire.

          (C)  Trusts will provide a copy of the trust agreement showing the
               date of formation and giving evidence of the authority of the
               person(s) signing this Investor Questionnaire.

C. REGULATION S ACKNOWLEDGEMENTS AND REPRESENTATIONS

     Investor represents and warrant to, and agrees with, PHT as follows:

______   1.    The undersigned was outside of the "United States" (as defined
               below) at both the time the offer to purchase the Units was
               received and at the time an agreement to purchase the Units was
               signed or otherwise entered into.

______   2.    The undersigned is not a "U.S. person" (as defined below) and is
               not acquiring the Units for the account or benefit of a U.S.
               person within the meaning of Regulation S under the Securities
               Act.

______   3.    The undersigned is not a "distributor" (as defined below).

______   4.    The undersigned agrees that any resale of the Securities shall
               be made in accordance with the provisions of Regulation S of the
               Securities Act, pursuant to registration under the Securities
               Act, or pursuant to an available exemption from registration
               which requires a one year restriction on resale of the
               Securities from the date of your purchase.

______   5.    The undersigned agrees that it will not transfer any Securities
               without complying with each of the restrictions set forth
               herein. As a further condition to any transfer of the
               Securities, except if the transfer is made pursuant to an
               effective registration statement under the Securities Act, if in
               the reasonable opinion of counsel to PHT transfer of the
               Securities by the undersigned would not be exempt from the
               registration and prospectus delivery requirements of the
               Securities Act, PHT may require the contemplated transferee to
               furnish PHT with an investment letter setting forth such
               information and agreements as may be reasonably requested by PHT
               to ensure compliance by the transferee with the Securities Act.

______   6.    Furthermore, the undersigned will not resell the Securities to
               U.S. Persons or within the United States until after the end of
               the applicable restricted period under Regulation S or any the
               applicable restricted period under the Securities

                                       17
<PAGE>

               Act (the "Restricted Period") other than pursuant to registration
               of the Securities under the Securities Act or pursuant to an
               exemption from such registration.

______   7.    The undersigned agrees not to engage in hedging transactions
               with regard to the Securities except in compliance with the
               Securities Act.

D. ACKNOWLEDGEMENTS AND REPRESENTATIONS TO BE MADE BY ALL INVESTORS (EVERY
INVESTOR MUST COMPLETE THIS PART D)

     Investor understands that PHT will be relying on the accuracy and
completeness of the representations made above as well as Investor's responses
to the questions contained in this Investor Questionnaire. Investor understands
that a false representation may constitute a violation of law, and that any
person who suffers damage as a result of a false representation may have a claim
for damages as a result of such false representation.

     ALL INFORMATION CONTAINED IN THIS QUESTIONNAIRE WILL BE TREATED
CONFIDENTIALLY. However, Investor agrees that PHT may present this Investor
Questionnaire to such parties as PHT deems appropriate if called upon to
establish that the Units are exempt from registration under the Securities Act
of 1933, as amended, or meets the requirements of applicable state securities
law.

     Investor represents and warrants to PHT as follows (each Investor must
initial all of the following):

         ____    (a)   The representations and the answers to the questions in
                       this Investor Questionnaire are complete and correct and
                       may be relied upon by PHT and its counsel.

         ____    (b)   Investor has full power and authority to purchase the
                       Units from PHT.

         ____    (c)   The investment and this Investor Questionnaire have been
                       duly and validly authorized, executed, and delivered by
                       Investor and constitute the valid, binding, and
                       enforceable agreement of Investor.

         ____    (d)   Investor has reviewed this Questionnaire, including, but
                       not limited to the information set forth on pages 1-2,
                       the Cover Letter accompanying this Subscription
                       Agreement, the Note and has received all information
                       Investor has deemed relevant and has had all of
                       Investor's questions answered with respect to the Units
                       and PHT and has made such independent investigation into
                       PHT as Investor has deemed necessary.

         ____    (e)   The Securities are being purchased solely for the account
                       of Investor with a view to and for investment and not
                       with a view to or for distribution, assignment,
                       participation, or resale. Investor has no contract,
                       undertaking, agreement, or arrangement with any person to
                       sell, transfer, or pledge the

                                       18
<PAGE>

                       Securities or any interest therein. There are substantial
                       restrictions on the transferability of the Securities.
                       There will be no public market for the Securities and
                       Investor must bear the economic risk involved in the
                       Securities and the Common Stock for an indefinite term.

         ____    (f)   Investor acknowledges there is a substantial economic
                       risk with respect to the repayment of the Note or any
                       interest therein and that Investor has such knowledge and
                       experience in financial and business matters that
                       Investor is able to evaluate the risks and merits of the
                       investment in the Units and is making an informed
                       decision.

         ____    (g)   Investor did not learn about the Units through any
                       advertisement, article, notice, or other communication
                       published in any newspaper, magazine, or similar media or
                       broadcast over television, radio, or the internet or at
                       any seminar or meeting to which Investor was invited by a
                       general solicitation or advertising.

         ____    (h)   Investor hereby agrees to indemnify PHT and its officers,
                       directors, shareholders, agents, and employees and to
                       hold each of such entities and persons harmless from and
                       against any and all liabilities, loss, damages, costs, or
                       expenses (including reasonable attorneys' fees) to which
                       they, or any of them, may be put or which they, or any of
                       them, may incur by reason of any breach of the
                       representations and warranties made by Investor in this
                       Investor Questionnaire.

         ____    (i)   Investor will notify PHT immediately of any material
                       change in any representation made above or any statement
                       made herein that occurs prior to the closing of the
                       purchase of the Units.

         _____   (j)   Investor understands that none of the Securities have
                       been registered for resale and that there is no assurance
                       that the Registration will be declared effective.

         _____   (k)   Investor understands that there is no trading market for
                       any of the Securities or the Common Stock and there can
                       be no assurance that a trading market will develop.

         _____   (l)   WAIVER OF NORTH COAST SECURITIES CORPORATION LIABILITY.
                       In order to induce North Coast to make the introduction
                       of the subscriber to the Company, the undersigned does
                       hereby IRREVOCABLY AND UNCONDITIONALLY RELEASE, REMISE,
                       AND FOREVER DISCHARGE North Coast Securities Corporation
                       and its affiliates and each of their respective
                       shareholders, officers, directors, "controlling persons",
                       employees, registered representatives, independent
                       contractors, heirs, executors, administrators, successors
                       in interest and assigns from and against any and all
                       agreements, promises, liabilities,

                                       19
<PAGE>

                       claims and demands of any kind whatsoever, at law or in
                       equity, whether known or unknown, suspected or
                       unsuspected, fixed or contingent, apparent or concealed
                       (collectively a "Claim"), which the undersigned, the
                       undersigned's heirs, executors, administrators,
                       successors or assigns ever had, now have or hereafter
                       can, shall or may have for, upon, or by reason of any
                       matter, cause of thing whatsoever existing, arising or
                       occurring, directly or indirectly out of the
                       undersigned's investment.

IF INVESTOR IS AN INDIVIDUAL:

_________________________________            ___________________________________
Signature of Investor                        Print Name of Investor

_________________________________            ___________________________________
Signature of Spouse, if applicable           Print Name of Spouse, if applicable

Date: _______________________

IF INVESTOR IS AN ENTITY:

_________________________________            ___________________________________
Signature of Officer,                        Print Name of Officer,
Trustee or Partner, as applicable            Trustee, or Partner, as applicable

Date: _______________________

PHT HEREBY ACCEPTS THE LOAN FROM
INVESTOR AS OF ______________, 2006

Performance Health Technologies, Inc.

By: _______________________________
    Robert Prunetti

                                       20
<PAGE>

                                    EXHIBIT A

                              NOTICE OF CONVERSION
                    (To be Executed by the Registered Holder
                         in order to Convert the Notes)

     The undersigned hereby irrevocably elects to convert $__________ principal
amount of the Note (defined below) into shares of common stock, par value $.01
per share ("Common Stock"), of Performance Health Technologies, Inc., a Delaware
corporation (the "Borrower") according to the conditions of the convertible
Notes of the Borrower dated as of ______, 2006 (the "Notes"), as of the date
written below. If securities are to be issued in the name of a person other than
the undersigned, the undersigned will pay all transfer taxes payable with
respect thereto and is delivering herewith such certificates. No fee will be
charged to the Holder for any conversion, except for transfer taxes, if any. A
copy of each Note is attached hereto (or evidence of loss, theft or destruction
thereof).

     The undersigned represents and warrants that all offers and sales by the
undersigned of the securities issuable to the undersigned upon conversion of the
Notes shall be made pursuant to registration of the securities under the
Securities Act of 1933, as amended (the "ACT"), or pursuant to an exemption from
registration under the Act.

     The undersigned hereby certifies that it is not a "U.S. Person" and that no
portion of the Warrant being exercised hereby is being exercised on behalf of a
"U.S. Person". For purposes hereof, "U.S. Person" has the meaning provided in
Rule 901 of Regulation S under the U.S Securities Act of 1933, as amended.

          Date of Conversion:_____________________________
          Applicable Conversion Price:____________________
          Number of Shares of Common Stock to be Issued Pursuant to
          Conversion of the Notes:________________________
          Signature:______________________________________
          Name:___________________________________________
          Address:________________________________________

     The Borrower shall issue and deliver shares of Common Stock to an overnight
courier not later than three (3) business days following receipt of the original
Note(s) to be converted, and shall make any applicable payments pursuant to the
Notes for the number of business days such issuance and delivery is late.

                                       21

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