Document:

Exhibit
10.7

    

    ADMINISTRATIVE
SERVICES AGREEMENT

    

    This Administrative Services Agreement
(this "Agreement") is entered into effective December 31, 2009 (the "Effective
Date") between WS Technologies LLC dba Windswept Technologies, an Oregon limited
liability company ("Windswept"), and Aequitas Capital Management, Inc., an
Oregon corporation ("Aequitas").

     

    RECITALS

     

    Windswept desires to engage Aequitas to
provide certain management services functions necessary for the operation of
Windswept's business, and Aequitas is willing to provide such services pursuant
to the terms and conditions set forth in this Agreement.

    

    AGREEMENT

    

    1.           
Scope of
Engagement.

     

    1.1.           Engagement.  Windswept
hereby engages Aequitas, and Aequitas accepts the engagement from Windswept, to
render services as specifically described in this Agreement.

     

    1.2.           Management
Services.  Aequitas will provide Windswept with the support
services described in the attached Exhibit A (collectively, the
"Services").  Windswept acknowledges and agrees that the services of
Aequitas personnel will not be provided on a full-time or exclusive basis for
Windswept.  Either party may change the Services (including
terminating a particular Service) upon 180 days prior written notice to the
other party.

     

    1.3.           Use of Salesforce.com
Software.  Aequitas will allow Windswept to use the data
available on Aequitas' Salesforce.com software.

    

    2.           
Fees.

     

    2.1.           Service Fees.  As
consideration for the services to be rendered hereunder, Windswept will pay
Aequitas the fees ("Fees") set forth on the attached Exhibit A.  The
Fees will increase by 3% on January 1 of each year, beginning January 1,
2011.

     

    2.2.           Payments.  All fees
owed Aequitas hereunder will be invoiced monthly in arrears by Aequitas and will
be paid by Windswept within 15 days after receipt of invoice, except for any
portion of an invoice that Windswept disputes (acting reasonably and in good
faith).  The fees for any partial month will be appropriately
prorated.

    

    3.           
Independent Contractor
Status.  All Aequitas personnel assigned by Aequitas to provide
services to Windswept under this Agreement are and will remain employees of
Aequitas or other affiliates of Aequitas, and are not employees of
Windswept.  The manner and means of providing services under this
Agreement will be within the sole control of Aequitas and its personnel, subject
only to the limitations set forth in this Agreement.  Aequitas
personnel assigned by Aequitas to provide services under this Agreement to
Windswept will not, by virtue of this Agreement, be entitled to receive any
benefits generally provided by Windswept to its employees or participate in any
benefit plans provided by Windswept to its employees, including but not limited
to health insurance, disability insurance, life insurance, pension benefit,
profit-sharing or unemployment compensation insurance.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    4.           
Term and
Termination.

     

    4.1.           Term of Agreement;
Termination.  This Agreement will continue in effect until
(a) either party gives the other party 180 days notice that it is
terminating this Agreement, or (b) the parties mutually agree in writing to
earlier termination.  Either party may also terminate this Agreement
by written notice to the other upon: (i) failure by the other  party
to perform any material term, covenant or condition of this Agreement, or breach
of any representation or warranty of the other party in this Agreement, and such
failure or breach continues for a period of 30 days after the receipt of a
notice of such failure or breach, or (ii) upon the initiation of a
proceeding against the other party under any bankruptcy law by or against the
other party, or if that party is adjudged insolvent or makes an assignment for
the benefit of creditors.  In addition, Aequitas may terminate this
Agreement by written notice to Windswept upon failure by Windswept or
microHelix, Inc. to perform any material term, covenant or condition of, or
breach of any representation or warranty in the Sublease dated December 31, 2009
between Windswept and Aequitas or the Amended and Restated Advisory Services
Agreement dated December 31, 2009 between microHelix, Inc. and Aequitas, as
applicable, and such failure or breach continues for a period of 30 days after
the receipt by Windswept of a notice of such failure or breach.

    

    4.2.           Effect of Termination of
Agreement.  The termination of this Agreement will be without
prejudice to the rights and obligations of the parties that have vested prior to
the effective date of such termination, including but not limited to the right
of Aequitas to receive Fees for Services previously provided as provided in
Section 2 and
the obligation of Windswept to pay such fees.  For purposes of
clarity, Windswept will owe Aequitas the pro rata portion of the Fees for
the services provided by Aequitas through the date of termination.

    

    5.           
Representations.  Each
party represents and warrants to the other that it has full corporate power and
authority to execute and deliver this Agreement and perform its obligations
hereunder, and that this Agreement constitutes a valid and legally binding
obligation of that party, except as such enforcement may be limited by
bankruptcy or reorganization laws or by general principles of
equity.  Aequitas represents and warrants to Windswept that: (a)
Aequitas will perform the Services in a good and workmanlike manner, in
accordance with generally accepted professional and other applicable standards
effective at the time of performance, and in accordance with this Agreement; and
(b) the Services will be provided using such Aequitas employees, contractors and
other personnel that are skilled, adequately trained, licensed and properly
authorized to carry out their respective duties in the performance of the
Services.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    6.           
Nonsolicitation.  Each
party agrees that for a period of two years following the termination of this
Agreement for any reason, neither party will, directly or indirectly,
(a) contact, call upon, solicit or assist any person in contacting, calling
upon or soliciting the other party's clients for the purpose of selling services
or products offered by the other party, or (b) request or encourage any
clients, suppliers or employees of the other party to curtail, reduce or cancel
their business or employment with the other party.  "Clients" shall
include any person who has engaged the party's services or who has paid fees,
directly or indirectly, to the party during the 24 months prior to the
termination of this Agreement.  In addition, neither party will employ
or attempt to employ, directly or indirectly, or cause to be employed by
another, any person who is at any time during the year prior to the termination
of this Agreement, a management employee, officer or director of the Company or
of any of its subsidiaries or affiliates, nor shall either party form any
partnership with or establish any business venture in cooperation with such
person, without the express written consent of the other party.

    

    7.           
Miscellaneous.

     

    7.1.           Indemnification.  Each
party (the "Indemnifying Party") agrees to indemnify and hold harmless the other
party, its affiliates and each of their respective directors, officers, agents,
consultants, employees and controlling persons (collectively, "Indemnified
Persons") from and against any claims, losses, damages, expenses and liabilities
or actions in respect thereof (collectively "Claims") (including all legal fees
and other expenses incurred in connection with investigating, preparing,
defending, paying, settling or compromising any Claims, whether or not in
connection with any pending or threatened litigation in which any Indemnified
Person is named a party), to which any of such Indemnified Persons may become
subject and which are related to or arise out of (a) any actions taken or
omitted to be taken by the Indemnifying Party, its employees and agents due to
gross negligence, bad faith or willful misconduct or (b) any breach by the
Indemnifying Party of any of the representations and warranties made by it under
this Agreement.  The obligations of the Indemnifying Party referred to
above will be in addition to any rights that any Indemnified Person may
otherwise have.  These indemnification obligations will survive any
termination of this Agreement or completion of Aequitas' services pursuant to
this Agreement.

     

    7.2.           Third Party Beneficiaries; Successors
and Assigns.  No party may assign either this Agreement or any
of its rights, interests or obligations under this Agreement without the prior
written consent of the other party.  This Agreement will be binding
upon and inure to the benefit of each of the parties and their respective
permitted successors and assigns.  There are no third party
beneficiaries of this Agreement other than Indemnified Persons.

     

    7.3.           Entire Agreement; Modification or
Waiver.  This Agreement sets forth the entire understanding of
the parties and constitutes the entire agreement between the parties with
respect to the matters contained in this Agreement, and supersedes all prior
oral or written representations, proposals, correspondence, discussions,
negotiations and agreements.  No amendment, modification or waiver of
this Agreement will be binding or effective for any purpose unless it is made in
writing and signed by the party against whom enforcement of such amendment,
modification or waiver is sought.  No delay on the part of Windswept
or Aequitas in the exercise of any of their respective rights or remedies will
operate as a waiver thereof, and no single or partial exercise by Windswept or
Aequitas of any such right or remedy will preclude other or further exercises
thereof.  A waiver of any right or remedy on any one occasion will not
be construed as a bar to or waiver of any such right or remedy on any other
occasion.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    7.4.           Severability.  Whenever
possible, each provision and term of this Agreement will be interpreted in such
manner as to be effective and valid under applicable law, but if any provision
or term of this Agreement will be held to be prohibited by or invalid under such
applicable law, then such provision or term will be ineffective only to the
extent of such prohibition or invalidity, without invalidating or affecting in
any manner whatsoever the remainder of such provision or term or the remaining
provisions or terms of this Agreement; provided, however, that the parties will
negotiate in good faith with respect to an alternative provision that will
effectuate the intent of the invalidated covenant, agreement or
provision.

     

    7.5.           Confidential
Information.  Aequitas acknowledges that the information,
observations and data relating to the business of Windswept (collectively,
"Confidential Information") are the property of Windswept, regardless of how,
when or in what capacity Aequitas obtains any such Confidential
Information.  Aequitas will use such Confidential Information only for
the purposes set forth in this Agreement and Aequitas will not knowingly
disclose such Confidential Information to any other person, firm or entity
without the prior written consent of Windswept, unless and to the extent that
the aforementioned Confidential Information becomes generally known to and
available for use by the public other than as a result of Aequitas' acts or
omissions to act.  The parties agree that the covenant described in
this subsection will survive the termination of this Agreement for a period of
three years.

     

    7.6.           Notices.  Each
notice, consent, request, or other communication required or permitted under
this Agreement will be in writing, will be delivered personally or sent by
certified mail (postage prepaid, return receipt requested) or by a recognized
US overnight
courier, and will be addressed as follows:

    

    
      
        	
                If
      to Windswept:

              	
                WS
      Technologies LLC dba Windswept

                Technologies

              
	 
      	
                Attn:  President

              
	 
      	
                5300
      SW Meadows Road, Suite 400

              
	 
      	
                Lake
      Oswego, OR 97035

              
	 
      	 
      
	
                If
      to Aequitas:

              	
                Aequitas
      Capital Management, Inc.

              
	 
      	
                Attn:  Legal
      Department

              
	 
      	
                5300
      SW Meadows Road, Suite 400

              
	 
      	
                Lake
      Oswego, OR 97035

              

      

    

    

    Each
notice, consent, request, or other communication will be deemed to have been
received by the party to whom it was addressed (a) when delivered if delivered
personally; (b) on the second business day after the date of mailing if mailed;
or (c) on the date officially recorded as delivered according to the record of
delivery if delivered by overnight courier.  Each party may change its
address for purposes of this Agreement by giving written notice to the other
party in the manner set forth above.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    7.7.           Captions;
Interpretation.  The section headings contained in this
Agreement are for reference purposes only and will not affect in any way the
meaning or interpretation of this Agreement. The terms of this Agreement are the
product of negotiation between the parties and are not to be construed as being
drafted solely by one party, and no presumption is to arise therefrom in favor
of either party.   The words "will" and "shall" have the same
meaning.  The words "include," "includes" and "including" shall not be
deemed to be terms of limitation, but rather shall be deemed to be followed by
the words "without limitation."

     

    7.8.           Counterparts.  This
Agreement may be executed in counterparts.  Each counterpart will be
considered an original, and all of them, taken together, will constitute a
single Agreement.  This Agreement may be delivered by facsimile or
electronically, and any such delivery will have the same effect as physical
delivery of a signed original.  At the request of any party, the other
party will confirm facsimile or electronic transmission signatures by signing an
original document.

     

    7.9.           Law and Venue.  This
Agreement will be governed by and construed in accordance with the laws of the
State of Oregon without giving regard to its choice or conflict of laws
provisions.  Any dispute arising out of this Agreement to enforce or
interpret this Agreement will be commenced and heard exclusively in Multnomah
County, Oregon.

     

    7.10.         Attorney Fees.  In
connection with any legal action to enforce or interpret any provision of this
Agreement, the prevailing party in such action will be entitled to collect from
the other party the reasonable legal fees and related disbursements incurred by
such prevailing party in such action, including any appellate or bankruptcy
proceeding.

    

    [Signatures
on following page]

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    IN WITNESS WHEREOF, this Agreement is
executed as of the first date set forth above.

    

    
      
        
          
            
              	 
      	
                      WS
      TECHNOLOGIES LLC DBA

                      WINDSWEPT
      TECHNOLOGIES

                    
	 
      	
                      By
      microHelix, Inc., its Manager

                    
	 
      	 
      	 
      
	 
      	
                      By

                    	
                      /s/ Brian A. Oliver

                    
	 
      	 
      	
                      Brian
      A. Oliver

                    
	 
      	 
      	
                      Secretary

                    
	 
      	 
      	 
      
	 
      	
                      AEQUITAS
      CAPITAL MANAGEMENT, INC.

                    
	 
      	 
      	 
      
	 
      	
                      By

                    	
                      /s/ Robert J. Jesenik

                    
	 
      	 
      	
                      Robert
      J. Jesenik,
President

                    

            

          

        

      

    

    

    Signature
Page to Administrative Services Agreement

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EXHIBIT
A

    TO

    ADMINISTRATIVE
SERVICES AGREEMENT

    BETWEEN

    WS
TECHNOLOGIES LLC DBA WINDSWEPT TECHNOLOGIES AND AEQUITAS

    CAPITAL
MANAGEMENT, INC.

    

    Set forth
below are the services and resources to be provided by Aequitas to Windswept
pursuant to the Administrative Services Agreement to which this schedule is
attached.

    

    The
charges detailed below address regular, recurring services.  Aequitas
will also provide certain services that are more ad hoc in nature and those
services will be charged on a variable/as used basis.  These charges
will be billed directly to Windswept on a monthly basis

    

    Legal
Services will be variable and charged monthly, billable at $200/hr.

    

    Accounting Services
(Windswept)

    

    Monthly
fixed cost - $28,100

    

    Services
provided:

    
      	
               
      

            	
              ·

            	
              Settlement/reconciliations
      with hospital clients

            

    

    
      	
               
      

            	
              ·

            	
              Communication
      with financing partners

            

    

    
      	
               
      

            	
              ·

            	
              Funding
      requests

            

    

    
      	
               
      

            	
              ·

            	
              Annual
      audit coordination

            

    

    
      	
               
      

            	
              ·

            	
              Budgeting

            

    

    
      	
               
      

            	
              ·

            	
              Monthly
      financial reporting (internal and external
  partners)

            

    

    
      	
               
      

            	
              ·

            	
              Billing

            

    

    
      	
               
      

            	
              ·

            	
              Processing
      cash rebates to clients

            

    

    
      	
               
      

            	
              ·

            	
              G/L
      maintenance

            

    

    

    Accounting Services
(Corporate)

    

    Monthly
fixed cost - $4,000

    

    Services
provided:

    
      	
               
      

            	
              ·

            	
              Treasury/banking
      relationships

            

    

    
      	
               
      

            	
              ·

            	
              Financial
      reporting

            

    

    
      	
               
      

            	
              ·

            	
              Public
      company reporting and filings

            

    

    
      	
               
      

            	
              ·

            	
              Tax
      planning

            

    

    
      	
               
      

            	
              ·

            	
              Facilitation
      of annual audit and tax preparation

            

    

    
      	
               
      

            	
              ·

            	
              AR/AP

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    Financial Services
(Windswept)

    

    Monthly
fixed cost - $5,500

    

    Services
provided:

    
      	
               
      

            	
              ·

            	
              Financial
      modeling

            

    

    
      	
               
      

            	
              ·

            	
              Financial
      advisory services

            

    

    
      	
               
      

            	
              ·

            	
              Underwriting
      support

            

    

    

    HR/Personnel
Services

    

    Monthly
fixed cost - $2,500

    

    Services
provided:

    
      	
               
      

            	
              ·

            	
              New
      employee setup

            

    

    
      	
               
      

            	
              ·

            	
              Payroll

            

    

    
      	
               
      

            	
              ·

            	
              Employee
      relations

            

    

    
      	
               
      

            	
              ·

            	
              Labor
      and employment law compliance

            

    

    
      	
               
      

            	
              ·

            	
              Benefit
      administration and renewal

            

    

    
      	
               
      

            	
              ·

            	
              Management/staff
      training

            

    

    
      	
               
      

            	
              ·

            	
              Administration

            

    

    
      	
               
      

            	
              ·

            	
              Oversight
      of performance management process

            

    

    
      	
               
      

            	
              ·

            	
              Employee
      safety – OSHA compliance

            

    

    

    IT  Services

    

    Monthly
fixed cost (support) - $15,000

    Monthly
fixed cost (hardware/software/voice/data) - $10,000

    

    Services
provided:

    
      	
               
      

            	
              ·

            	
              Desktop
      and platform support services

            

    

    
      	
               
      

            	
              o

            	
              User
      and infrastructure management and
support

            

    

    
      	
               
      

            	
              ·

            	
              Application
      development and support

            

    

    
      	
               
      

            	
              o

            	
              Resource
      and process management

            

    

    
      	
               
      

            	
              ·

            	
              Infrastructure
      Platform

            

    

    
      	
               
      

            	
              o

            	
              CP
      system hardware (FTP, RPTMGR)

            

    

    
      	
               
      

            	
              o

            	
              CP
      user hardware (laptops, desktops)

            

    

    
      	
               
      

            	
              o

            	
              Shared
      hardware (email, networking,
backup/recovery)

            

    

    
      	
               
      

            	
              o

            	
              Data
      center (Savvis)

            

    

    
      	
               
      

            	
              o

            	
              Printers/copiers
      (workroom 1 and 2)

            

    

    
      
        	
                 
      

              	
                o

              	
                Phone/voicemail

              
	 	      
                o

              	      
                Cell
      phones

              

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      
      

    

    
      	
               
      

            	
              o

            	
              Computers

            

    

    
      	
               
      

            	
              ·

            	
              Software
      acquisition and management

            

    

    
      	
               
      

            	
              o

            	
              CarePayment
      software (OnTime, AccuZip, etc.)

            

    

    
      	
               
      

            	
              o

            	
              Core
      desktop licenses (Office, Virus)

            

    

    
      	
               
      

            	
              o

            	
              Salesforce.com

            

    

    
      	
               
      

            	
              o

            	
              WebEx

            

    

    
      	
               
      

            	
              ·

            	
              Voice/data

            

    

    
      	
               
      

            	
              o

            	
              Voice
      services

            

    

    
      	
               
      

            	
              o

            	
              Data
      services

            

    

    
      	
               
      

            	
              o

            	
              Mobile
      services (cell phones, data cards)

            

    

    

    All costs
associated with projects beyond the scope of the services outlined above will be
billed to Windswept monthly and will include a 15% administrative
charge.  This may include, but is not limited to, employee travel,
implementation services, corporate transactional support and assistance with
mergers and acquisitions.  Any employee time on such variable charged
services will be at $150 per hour.  Specific computing hardware and
software purchased for Windswept will be billed at cost.Exhibit
10.8

    

    REDEMPTION
AGREEMENT

    

    This Redemption Agreement (this "Agreement"),
effective as of December 31, 2009 (the "Effective Date"), is
between WS Technologies LLC, dba Windswept Technologies, an Oregon limited
liability company (the "Company"), and
Aequitas Capital Management, Inc., an Oregon corporation ("Seller").

    

    The parties agree as
follows:

    

    1.           Redemption of
Units.  Seller hereby sells, transfers, assigns and conveys
55.5 of the Units of the Company (the "Redeemed Units"), and
the Company hereby purchases and redeems the Redeemed Units from Seller (the
"Redemption").  As
of the Effective Date, and without any further action, Seller will have no
ownership interest in the Redeemed Units, and the Redeemed Units shall be
automatically cancelled and no longer outstanding.  As of the
Effective Date, Seller will own 0.5 Units in the Company.

    

    2.           Redemption
Consideration.  Simultaneously with the execution of this
Agreement, the Company will transfer, assign and convey to Seller 600,000 shares
of Series D Preferred Stock (the "Series D Preferred")
of microHelix, Inc., an Oregon corporation.  Simultaneously with the
execution and delivery of this Agreement, the Company will deliver certificates
evidencing the Series D Preferred, together with a fully executed stock power to
evidence the transfer of the Series D Preferred to Seller.

    

    3.           Representations and
Warranties.

    

    3.1          Seller Representations and
Warranties.  Seller hereby represents and warrants to the
Company as follows:

    

    (a)           Seller
holds of record and is the sole beneficial owner of, and has good, valid and
marketable title to the Redeemed Units being sold hereunder free and clear of
any restrictions on transfer, liens, charges, security interests, taxes, claims,
options, warrants, purchase rights, contracts, commitments, demands or other
encumbrances of any nature whatsoever.  Seller has the right to
transfer to the Company complete and absolute legal and beneficial title to, and
complete and absolute rights and interests in, the Redeemed Units being sold
hereunder.  Seller is not a party to any option, warrant, purchase
right or other contract or commitment that could require Seller to sell,
transfer or otherwise dispose of any of the Redeemed Units, other than this
Agreement.

     

    (b)           This
Agreement has been duly and validly executed and delivered by Seller and
constitutes the valid and binding obligation of Seller, enforceable in
accordance with its terms except as such enforceability may be limited by
principles of public policy and subject to the laws of general application
relating to bankruptcy, insolvency and the relief of debtors and rules of law
governing specific performance, injunctive relief or other equitable
remedies.

     

    
      
        
          Aequitas
Redemption Agreement

          Page 1

        

         

      

      
         

        
          

        

      

      
         

      

    

    (c)           Neither
the execution and the delivery of this Agreement, nor the consummation of the
Redemption, will (i) violate any statute, regulation, rule, injunction,
judgment, order, decree, ruling, charge or other restriction of any government,
governmental agency, or court to which Seller is subject or, (ii) conflict with,
result in a breach of, constitute a default under or require any notice under
any agreement or other arrangement to which Seller is a party.

     

    (d)           Seller
has made its decision to sell such Redeemed Units to the Company based on his
own investigations and analysis, and has not relied on any statements,
representations or warranties from the Company except as set forth in this
Agreement.  Seller is not acquiring the Series D Preferred with a
view to or for sale in connection with any further distribution thereof within
the meaning of the Securities Act of 1933, as amended.

     

    3.2          Company Representations and
Warranties.  The Company hereby represents and warrants to
Seller as follows:

    

    (a)           The
Company has all requisite limited liability company power and authority to enter
into and perform this Agreement and to consummate the Redemption.  The
execution, delivery and performance of this Agreement and the consummation of
the Redemption have been duly authorized by all necessary action on the part of
the Company  This Agreement has been duly and validly executed and
delivered by the Company and constitutes the valid and binding obligation of the
Company, enforceable in accordance with its terms except as such enforceability
may be limited by principles of public policy and subject to the laws of general
application relating to bankruptcy, insolvency and the relief of debtors and
rules of law governing specific performance, injunctive relief or other
equitable remedies.

     

    (b)           Neither
the execution and the delivery of this Agreement, nor the consummation of the
Redemption, will (i) violate any statute, regulation, rule, injunction,
judgment, order, decree, ruling, charge or other restriction of any government,
governmental agency, or court to which the Company is subject or, (ii) conflict
with, result in a breach of, constitute a default under or require any notice
under any agreement or other arrangement to which the Company is a
party.

     

    (c)           The
Company has good, valid and marketable title to the Series D Preferred
being transferred hereunder, free and clear of any restrictions on transfer,
liens, charges, security interests, taxes, claims, options, warrants, purchase
rights, contracts, commitments, demands or other encumbrances of any nature
whatsoever.  The Company has the right to transfer to Seller complete
and absolute legal and beneficial title to, and complete and absolute rights and
interests in, the Series D Preferred.  The Company is not a party to
any option, warrant, purchase right or other contract or commitment that could
require the Company to sell, transfer or otherwise dispose of the Series D
Preferred, other than this Agreement.  

     

    
      
        
          Aequitas
Redemption Agreement

          Page 2

        

         

      

      
         

        
          

        

      

      
         

      

    

    4.           General Provisions.

     

    4.1           Further
Assurances.  The parties will cooperate in taking such further
action and sharing such additional information as may be appropriate to carry
out the transactions contemplated by this Agreement.

     

    4.2           Successors and
Assigns.  This Agreement will be binding upon and will inure to
the benefit of the parties and their respective successors and permitted
assigns.  The foregoing notwithstanding, neither party will be
permitted to assign its rights or delegate its obligations under this Agreement
to another party without the prior written consent of the other party to this
Agreement.

     

    4.3           Alterations and
Waivers.  The waiver, amendment or modification of any
provision of this Agreement or any right, power or remedy under this Agreement,
whether by agreement of the parties or by custom, course of dealing or trade
practice, will not be effective unless in writing and signed by the party
against whom enforcement of such waiver, amendment or modification is
sought.  No failure or delay by either party in exercising any right,
power or remedy with respect to any of the provisions of this Agreement will
operate as a waiver of such provisions with respect to such
occurrences.

     

    4.4           Governing Law.  This
Agreement will be construed, governed and enforced in accordance with the laws
of the State of Oregon, without regard to its choice of law
provisions.

     

    4.5           Integration and Entire
Agreement.  This Agreement and the exhibits and schedules and
other documents referred to in this Agreement set forth the entire understanding
between the parties and supersede all previous and contemporaneous written or
oral negotiations, commitments, understandings, and agreements relating to the
subject matter of this Agreement and merge all prior and contemporaneous
discussions between the parties.

     

    4.6           Counterparts and
Delivery.  This Agreement may be executed in
counterparts.  Each counterpart will be considered an original, and
all of them, taken together, will constitute a single Agreement.  This
Agreement may be delivered by facsimile or electronically, and any such delivery
will have the same effect as physical delivery of a signed
original.  At the request of any party, the other party will confirm
facsimile or electronic transmission signatures by signing an original
document.

     

    4.7           Definitions.  Whenever
used in this Agreement, (a) the term "including" will be deemed to mean
"including without limitation", (b) the term "person" will be deemed to mean any
natural person, corporation, limited liability company, partnership or other
entity, and (c) the terms "will" and "shall" have the same meaning.

     

    4.8           Attorney Fees.  In
the event suit or action is instituted to interpret or enforce this Agreement,
the prevailing party will be entitled to recover its attorney's fees, including
those incurred on appeal, as determined by the court or arbitrator.

     

    
      
        
          Aequitas
Redemption Agreement

          Page
3

        

         

      

      
         

        
          

        

      

      
         

      

    

    4.9           Specific Performance. The parties acknowledge
they would be irreparably damaged if any of the provisions of this Agreement are
not performed in accordance with their specific terms and that monetary damages
would provide an inadequate remedy.  Accordingly, in addition to any
other remedy at law or in equity, the nonbreaching party will be entitled to
injunctive relief to prevent breaches of this Agreement and specifically to
enforce this Agreement without the need for posting any bond or other
security.

     

    4.10         Rules of
Construction.  The parties have been represented by separate
counsel during the negotiation and execution of this Agreement and, therefore,
waive the application of any law regulation, holding or rule of construction
providing that ambiguities in an agreement or other document will be construed
against the parties drafting such agreement or document.

     

    [Signatures
on following page]

    
      
        
          Aequitas
Redemption Agreement

          Page
4

        

         

      

      
         

        
          

        

      

      
         

      

    

    IN
WITNESS WHEREOF, the parties have executed this Redemption Agreement as of the
Effective Date.

    

    
      
        	
                COMPANY:

              	
                WS
      TECHNOLOGIES LLC, dba Windswept

                Technologies

              
	 
      	
                By
      microHelix, Inc., its Manager

              
	 
      	 
      
	 
      	
                By

              	
                /s/ Brian A. Oliver

              
	 
      	 
      	
                 Brian
      A. Oliver

              
	 
      	 
      	
                 Secretary

              
	 
      	 
      
	
                SELLER:

              	
                AEQUITAS
      CAPITAL MANAGEMENT, INC.

              
	 
      	 
      
	 
      	
                By

              	
                /s/ Robert J. Jesenik

              
	 
      	 
      	
                Robert
      J. Jesenik, President

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