Document:

EXHIBIT
        10.10.BZ

    

    
DEBT
      CONVERSION AGREEMENT

     

    THIS
      DEBT
      CONVERSION AGREEMENT (the “Agreement”) is made and entered into effective as of
      the 26th day of January, 2006, by and between ANTHONY M. FRANK (hereinafter
      referred to as “Buyer”) and ELECTROPURE, INC., a California corporation
      (hereinafter referred to as “Electropure” or the “Company”).

     

    RECITALS

     

    WHEREAS,
      Buyer loaned the Company Three Hundred Thirty Five Thousand Dollars ($335,000)
      all pursuant to an 8% Convertible Term Note on the dates and in the amounts
      reflected in the table below (collectively, the “Term Notes”).

     

    WHEREAS,
      as of October 31, 2005, a total of $43,220.82 in interest accrued on the above
      loans is due and payable to Buyer by the Company.

     

    WHEREAS,
      Buyer wishes to convert all of the interest accrued on the Term Note through
      October 31, 2005 into shares of Electropure, Inc. Common Stock and the Company
      wishes to issue such shares to extinguish the debt owed Buyer.

     

    NOW,
      THEREFORE, in consideration of the foregoing and of the mutual obligations
      herein contained, it is agreed as follows:

     

    1.    CONVERSION

     

    (a)    On
      the
      date set forth above, Buyer hereby converts all of the $43,220.82 in interest
      accrued on the Term Notes into Shares of Electropure, Inc. Common Stock, $0.01
      par value, at an effective conversion rate of $0.14 per share, for a total
      of
      308,721 Shares (the “Shares”).

    

    
      	
               

              LOAN
                DATE

            	
               

              LOAN
                AMOUNT

            	
              INTEREST
                AT

              10/31/05

            	
              CONVERSION

              SHARES

            

    

    
      	
              11/21/03

            	
              100,000

            	
              15,561.64

            	
              111,155

            
	
              12/19/03

            	
              100,000

            	
              14,947.95

            	
              106,771

            
	
              07/04/04

            	
              65,000

            	
              6,938.08

            	
              49,558

            
	
              09/16/04

            	
              50,000

            	
              4,493.15

            	
              32,094

            
	
              01/12/05

            	
              20,000

            	
              1,280.00

            	
              9,143

            
	 	
              335,000

            	
              43,220.82

            	
              308,721

            

    

    

     

    (b)          
      The Shares shall have the rights, preferences, privileges, restrictions and
      other terms set forth in the By-laws of the Company.

     

    (c)          
      Upon conversion, Buyer acknowledges that all interest accrued and due through
      October 31, 2005 pursuant to the terms of the 8% Three-Year Convertible Term
      Notes referenced above has been satisfied in full by the Company.  Buyer
      also acknowledges that pursuant to this Debt Conversion Agreement any default
      by
      Electropure for failure to pay interest due on the Notes through October 31,
      2005 has been cured.

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    
      EXHIBIT
        10.10.BZ

       

    

      2.         REPRESENTATIONS
      AND WARRANTIES OF BUYER       Buyer
      represents and warrants to the Company:

     

    (a)        The
      Shares are being acquired by Buyer for investment for an indefinite period,
      for
      Buyer’s own account, not as a nominee or agent, and not with a view to the sale
      or distribution of any part thereof, and the Buyer has no present intention
      of
      selling, granting participations in, or otherwise distributing the same except
      as may be permitted by the Securities Act of 1933, as amended (the
“Act”).

     

    (b)        Buyer
      does not have any contract, undertaking, agreement or arrangement with any
      person to sell, transfer, or grant participation to such person or to any third
      person, with respect to the Shares.

     

    (c)        That
      Buyer understands that the Shares have not been registered under the Securities
      Act of 1933, as amended (the “Act”), in reliance upon the exemptions from the
      registration provisions of the Act contained in Section 4 (2) thereof, and
      any
      continued reliance on such exemption is predicated on the representations of
      the
      Buyer set forth herein.

     

    (d)        Buyer
      understands that the Shares must be held indefinitely unless the sale or other
      transfer thereof is subsequently registered under the Act, as amended, or an
      exemption from such registration is available.  Buyer further understands
      that the Company is under no obligation to register the Securities on its behalf
      or to assist him in complying with any exemption from registration except as
      otherwise provided herein.

     

    (e)       
      Buyer (i) has adequate means of providing for his current needs and possible
      contingencies, (ii) has no need for liquidity in this investment, (iii) is
      able
      to bear the substantial economic risks of an investment in the Shares for an
      indefinite period, (iv) at the present time, can afford a complete loss of
      such
      investment, and (v) does not have an overall commitment to investments which
      are
      not readily marketable that is disproportionate to Buyer’s net worth, and
      Buyer’s investment in the Shares will not cause such overall commitment to
      become excessive.

     

    (f)       
      Buyer is an “accredited investor” (as defined in Regulation D promulgated under
      the Act) and
      the
      undersigned’s total investment in the Shares does not exceed 10% of the Buyer’s
      net worth.

     

    (g)      
      Buyer recognizes that the Company has had only limited revenues to date and
      that
      the Shares as an investment involve significant risks.

     

    (h)       
      Buyer will not transfer the Shares without registering them under applicable
      federal and state securities laws unless the transfer is exempt from
      registration.  Buyer realizes that the Company may not allow a transfer of
      Shares unless the transferee is also an “accredited investor”.  Buyer
      understands that legends will be placed on certificates representing the Shares,
      with respect to the above restrictions on resale or other disposition of the
      Shares and that stop transfer instructions have or will be placed with respect
      to the Shares so as to restrict the assignment, resale or other disposition
      thereof.

     

    (i)           
      The Company will direct its transfer agent to, or will itself, place such a
      stop
      transfer order in its books respecting transfer of the Shares, and the
      certificate or certificates representing the Shares will bear the following
      legend or a legend substantially similar thereto:

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    
      EXHIBIT
        10.10.BZ

    

     

    “THESE
      SHARES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933.  THEY MAY
      NOT BE SOLD OR OFFERED FOR SALE IN THE ABSENCE OF:  (1) AN EFFECTIVE
      REGISTRATION STATEMENT AS TO THE SECURITIES UNDER THE ACT, OR (2) AN OPINION
      OF
      COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT
      REQUIRED.”

     

    (j)           
      That Buyer understands that Rule 144, promulgated by the Securities and Exchange
      Commission under the Act, may not be currently available for sale of the Shares,
      and there is no assurance that it will be available at any particular time
      in
      the future.  If and when Rule 144 is available for sale of the Common Stock
      underlying the Shares, such sales in reliance upon Rule 144 may only be (i)
      in
      limited quantities after the Shares have been held for one (1) year after being
      sold by the Company, or (ii) in unlimited quantities by non-affiliates after
      the
      Shares have been held for two (2) years after being sold by the Company, in
      each
      case in accordance with the conditions of the Rule, all of which must be met
      (including the requirement, if applicable, that adequate information concerning
      the Company is then available to the public).  The Company and Buyer
      acknowledges that the Company has no
      obligation to supply the information required for sales under Rule
      144.

     

    (k)          
      The Purchase Price to be paid by Buyer to Company for the Shares has been
      determined by Buyer as fair and appropriate based solely upon Buyer’s
      independent investigation and due diligence of the Company, and neither Buyer
      nor the Company nor any of their agents, including, without limitation, any
      of
      their officers, directors, employees, accountants and attorneys, has made any
      representations or warranties whatsoever in connection with the sale of the
      Shares by the Company to Buyer.  Buyer has had sufficient opportunity in
      connection with the sale of the Shares to review the Company’s business and
      affairs (including, without limitation, the Company’s financial statements and
      other information).  The Buyer has had answered to his satisfaction any
      questions with respect to the Company’s business and affairs.  Buyer
      further has had the opportunity to obtain independent financial, legal,
      accounting, business, tax and other appropriate advice with respect to the
      transactions contemplated by this Agreement, and is not relying upon the Company
      or any of its agents in any manner in connection with same.

     

    3.    REGISTRATION
      RIGHTS.       The Company agrees to include
      for registration under the Act all of the Shares issued hereby in the next
      Registration Statement filed by the Company with the Securities and Exchange
      Commission.

     

    4.    REPRESENTATIONS
      AND
      WARRANTIES OF ELECTROPURE

     

    (a)          
      Electropure is a corporation duly organized and validly existing under the
      laws
      of the State of California without limit as to duration of its existence, and
      is
      authorized and in good standing to do business in no other state; Electropure
      has the corporate power and adequate authority, rights and franchise to own
      its
      property and to carry on its business as now conducted; and, subject to
      ratification by its Board of Directors, Electropure has the corporate power
      and
      adequate authority to enter into this Agreement.

     

    (b)          
      The execution and delivery of this Agreement and subject to (1) ratification
      by
      the Board of Directors of the Company and (2) filing the Certificate with the
      California Secretary of State, the performance of the provisions of this
      Agreement are not in contravention of or in conflict with any law or regulation
      or any term or provision of Electropure’s Articles of Incorporation or By-Laws
      and are duly authorized and do not require the consent or approval of any
      governmental body or other regulatory authority; and this Agreement is a valid,
      binding and legal obligation of Electropure, enforceable in accordance with
      the
      terms herein.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      EXHIBIT
        10.10.BZ

    

     

    5.    ENTIRE
      AGREEMENT       This Agreement embodies the
      entire agreement and understanding between the parties hereto with respect
      to
      the subject matter hereof and supersedes all prior and contemporaneous
      agreements and understandings relating to such subject matter.

     

    6.    AMENDMENT       This
      Agreement may not be amended except by written document executed by the
      parties.

     

    7.    SUBJECT
      HEADINGS       Subject headings are included
      for convenience only and shall not be deemed part of this
      Agreement.

     

    8.    SEVERABILITY       If
      any provision of this Agreement shall be held unenforceable as applied to any
      circumstance, the remainder of this Agreement and the application of such
      provision to other circumstances shall be interpreted so as best to effect
      the
      intent of the parties.  The parties further agree to replace any such
      unenforceable provision with an enforceable provision (and to take such other
      action) which will achieve, to the extent possible, the purposes of the
      unenforceable provision.

     

    9.            
      GOVERNING LAW       This Agreement shall be
      governed by and construed under the laws of the State of California in force
      from time to time.

     

    10.         
      PARTIES BOUND       This Agreement is binding
      on and shall inure to the benefit of the parties and their respective
      successors, assign, heirs, and legal representatives.

     

    11.         
      SURVIVAL       The representations,
      warranties, covenants, and agreements contained in this Agreement shall survive
      the consummation of the transactions contemplated hereby.

     

    12.         
      COUNTERPARTS       This Agreement may be
      executed in one or more counterparts, each of which shall be deemed an original
      but all of which together shall constitute one and the same
      instrument.

     

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

     

     

    
      	
              COMPANY:

            	
               

            	
              BUYER:

            
	
               

            	
               

            	
               

            
	
              ELECTROPURE,
                INC.

            	
               

            	 
	
               

            	
               

            	
               

            
	
              /S/
                CATHERINE PATTERSON

            	
               

            	
              /S/
                ANTHONY M. FRANK

            	
               

            
	
              Catherine
                Patterson, CFO

            	
               

            	
              Anthony
                M. Frank

            
	
              23456
                South Pointe Drive

            	
               

            	
              1
                Maritime Plaza, Suite 825

            
	
              Laguna
                Hills, CA 92653-1512

            	
               

            	
              San
                Francisco, CA  94111

            
	 	 	 	 	 

    

     

    
      
         

      

      
        4EXHIBIT
        10.10.CA

       

    

    DEBT
      CONVERSION AGREEMENT

     

    THIS
      DEBT
      CONVERSION AGREEMENT (the “Agreement”) is made and entered into effective as of
      the 14th day of February, 2007, by and between ANTHONY M. FRANK, an individual,
      and as Trustee for the Anthony M. Frank Keogh Plan UTA Charles Schwab & Co.,
      Inc.; the Anthony M. Frank Defined Benefit Pension Plan UA DTD 12/01/98, FBO:
      Shirley M. Pegg; and the Anthony M. Frank IRA Rollover Dated 06/14/92, UTA
      Charles Schwab & Co., Inc. (hereinafter collectively referred to as “Buyer”)
      and MICRO IMAGING TECHNOLOGY, INC. (FORMERLY, ELECTROPURE, INC.), a California
      corporation (hereinafter referred to as “MIT” or the “Company”).

     

    RECITALS

     

    WHEREAS,
      Buyer loaned the Company One Million One Hundred Twenty Six Thousand Eight
      Hundred Dollars ($1,126,800) all pursuant to various Convertible Term Notes
      on
      the dates and in the amounts reflected in the table below (collectively, the
      “Term Notes”).

     

    WHEREAS,
      as of February 14, 2007, a total of $416,088.34 in interest accrued on the
      above
      loans is due and payable to Buyer by the Company.

     

    WHEREAS,
      Buyer wishes to convert all of the principal and interest accrued on the Term
      Notes through February 14, 2007 into shares of Micro Imaging Technology, Inc.
      Common Stock and the Company wishes to issue such shares to extinguish the
      debt
      owed Buyer in its entirety.

     

    NOW,
      THEREFORE, in consideration of the foregoing and of the mutual obligations
      herein contained, it is agreed as follows:

     

    1.    CONVERSION

     

    (a)   On
      the
      date set forth above, Buyer hereby converts all of the principal and interest
      accrued on the Term Notes, totaling $1,542,888.34, into Shares of Micro Imaging
      Technology, Inc. Common Stock, $0.01 par value, at an effective conversion
      rate
      of $0.25 per share, in the names and amounts indicated in the table below,
      for
      an aggregate of 6,171,553 Shares (the “Conversion Shares”).

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    

      EXHIBIT
        10.10.CA

    

    

    
      	 	 	 	 	 	 	
              PRINCIPAL

            	
               ACCRUED

            	
              TOTAL

            	 
	 	 	 	 	
              ORIGINAL

            	
              CURRENT

            	
              BALANCE

            	
              INTEREST

            	
              DUE

            	 
	 	
              LOAN

            	
              LOAN

            	 	
              DUE

            	
              DUE

            	
              AT

            	
              AT

            	
              AT

            	
              CONVERSION

            
	 	
              DATE

            	
              AMOUNT

            	 	
              DATE

            	
              DATE

            	
              2/14/2007

            	
              2/14/2007

            	
              2/14/2007

            	
              SHARES

            
	 	 	 	 	 
	 	
               Anthony
                M. Frank Keogh Plan UTA Charles Schwab & Co.,
                Inc.

            	 	 	 
	 	 	 	 	 
	
              (A)

            	
              01/17/01

            	
              600,000

            	 	
              01/17/04

            	
              08/17/08

            	 	
              107,733.33

            	
              107,733.33

            	 
	 	
              12/02/02

            	
              50,000

            	 	
              12/02/03

            	
              08/17/08

            	
              50,000

            	
              17,304.11

            	
              67,304.11

            	 
	
              (B)

            	
              12/18/02

            	
              100,000

            	 	
              12/18/03

            	
              08/17/08

            	 	
              -

            	
              -

            	 
	
              (B)

            	
              09/09/03

            	
              (100,000

            	
              )

            	 	
              08/17/08

            	 	
              7,422.45

            	
              7,422.45

            	 
	
              (B)

            	
              01/09/03

            	
              100,000

            	 	
              01/09/04

            	
              08/17/08

            	 	
              -

            	
              -

            	 
	
              (B)

            	
              09/09/03

            	
              (100,000

            	
              )

            	 	
              08/17/08

            	 	
              6,799.19

            	
              6,799.19

            	 
	
              (A)

            	
              01/23/03

            	
              100,000

            	 	
              01/23/04

            	
              08/17/08

            	 	
              33,468.50

            	
              33,468.50

            	 
	
              (A)

            	
              02/23/03

            	
              100,000

            	 	
              02/23/04

            	
              08/17/08

            	 	
              32,789.04

            	
              32,789.04

            	 
	
              (A)

            	
              11/04/03

            	
              100,000

            	 	
              11/04/04

            	
              08/17/08

            	 	
              27,221.92

            	
              27,221.92

            	 
	
              (A)

            	
              08/21/06

            	
              40,000

            	 	
              08/21/08

            	
              08/21/08

            	 	
              1,939.73

            	
              1,939.73

            	 
	
              (A)

            	
              10/06/06

            	
              60,000

            	 	
              10/06/08

            	
              10/06/08

            	 	
              2,153.42

            	
              2,153.42

            	 
	 	
              11/10/06

            	
              50,000

            	 	
              11/10/08

            	
              11/10/08

            	
              50,000

            	
              1,315.07

            	
              51,315.07

            	 
	 	
              12/05/06

            	
              50,000

            	 	
              12/05/08

            	
              12/05/08

            	
              50,000

            	
              972.60

            	
              50,972.60

            	 
	 	
              12/29/06

            	
              56,800

            	 	
              12/29/08

            	
              12/29/08

            	
              56,800

            	
              731.40

            	
              57,531.40

            	 
	 	 	
              1,206,800

            	 	 	 	
              206,800.00

            	
              239,850.77

            	
              446,650.77

            	
              1,786,603

            
	 	 	 
	 	
               Anthony
                M. Frank Defined Benefit Pension Plan UA DTD 12/01/98, FBO: Shirley
                M.
                Pegg

            	 
	 	 	 
	 	
              01/17/01

            	
              400,000

            	 	
              01/17/04

            	
              08/17/08

            	
              400,000

            	
              71,822.23

            	
              471,822.23

            	 
	 	
              05/03/02

            	
              150,000

            	 	
              07/03/03

            	
              08/17/08

            	
              150,000

            	
              58,915.07

            	
              208,915.07

            	 
	 	 	
              550,000

            	 	 	 	
              550,000

            	
              130,737.29

            	
              680,737.29

            	
              2,722,949

            
	 	 	 	 
	 	
               Anthony
                M. Frank IRA Rollover Dated 06/14/92, UTA Charles Schwab & Co.,
                Inc.

            	 	 
	 	
               

            	 	 
	 	
              07/01/04

            	
              35,000

            	 	
              07/01/05

            	
              08/17/08

            	
              35,000

            	
              7,686.58

            	
              42,686.58

            	
              170,746

            
	 	 	 	 	 	 	 
	 	
               Anthony
                M. Frank (an individual)

            	 	 	 	 	 
	 	 	 	 	 	 	 
	 	
              11/21/03

            	
              100,000

            	 	
              11/21/04

            	
              08/17/08

            	
              100,000

            	
              11,287.68

            	
              111,287.68

            	 
	 	
              12/19/03

            	
              100,000

            	 	
              12/19/04

            	
              08/17/08

            	
              100,000

            	
              11,287.67

            	
              111,287.67

            	 
	 	
              07/01/04

            	
              50,000

            	 	
              07/01/05

            	
              08/17/08

            	
              50,000

            	
              5,643.84

            	
              55,643.84

            	 
	 	
              07/01/04

            	
              15,000

            	 	
              07/01/05

            	
              08/17/08

            	
              15,000

            	
              1,693.15

            	
              16,693.15

            	 
	 	
              09/16/04

            	
              50,000

            	 	
              03/16/05

            	
              08/17/08

            	
              50,000

            	
              5,643.83

            	
              55,643.83

            	 
	 	
              01/12/05

            	
              20,000

            	 	
              07/12/05

            	
              08/17/08

            	
              20,000

            	
              2,257.53

            	
              22,257.53

            	 
	 	 	
              335,000

            	 	 	 	
              335,000

            	
              37,813.70

            	
              372,813.70

            	
              1,491,255

            
	 	
              TOTAL

            	
              2,126,800

            	 	 	 	
              1,126,800

            	
              416,088.34

            	
              1,542,888.34

            	
              6,171,553

            

    

     

    
      
        	
              	(A)	
                Principal
                  balance paid via wire transfer on February 14, 2007 from the Dieterich
                  & Associates Trust Account for the benefit of Micro Imaging
                  Technology, Inc.

              

      

      

      
        	
              	(B)	
                Principal
                  converted on September 9, 2003 to MIT private placement shares
                  and
                  warrants and ELTP warrants. Balance due is interest
                  accrued.

              

      

    

    

    
      
        (b)   The
          Conversion Shares shall have the rights, preferences, privileges, restrictions
          and other terms set forth in the By-laws of the
          Company.

      

    

     

    
      (c)   Upon
        conversion, Buyer acknowledges that all principal and interest accrued and
        due
        through the date hereof pursuant to the terms of the respective Term Notes
        referenced above has been satisfied in full by the Company.  Buyer also
        acknowledges that pursuant to this Debt Conversion Agreement any default
        by MIT
        for failure to pay interest due on the Term Notes through the date hereof
        has
        been cured.

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

      EXHIBIT
        10.10.CA

       

    

      2.    REPRESENTATIONS
      AND
      WARRANTIES OF BUYER       Buyer represents
      and warrants to the Company:

     

    (a)   The
      Conversion
      Shares are being acquired by Buyer for investment for an indefinite period,
      for
      Buyer’s own account, not as a nominee or agent, and not with a view to the sale
      or distribution of any part thereof, and the Buyer has no present intention
      of
      selling, granting participations in, or otherwise distributing the same except
      as may be permitted by the Securities Act of 1933, as amended (the
“Act”).

     

    (b)   Buyer
      does not have
      any contract, undertaking, agreement or arrangement with any person to sell,
      transfer, or grant participation to such person or to any third person, with
      respect to the Conversion Shares.

     

    (c)   That
      Buyer
      understands that the Conversion Shares have not been registered under the
      Securities Act of 1933, as amended (the “Act”), in reliance upon the exemptions
      from the registration provisions of the Act contained in Section 4 (2) thereof,
      and any continued reliance on such exemption is predicated on the
      representations of the Buyer set forth herein.

     

    (d)   Buyer
      understands
      that the Conversion Shares must be held indefinitely unless the sale or other
      transfer thereof is subsequently registered under the Act, as amended, or an
      exemption from such registration is available.  Buyer further understands
      that the Company is under no obligation to register the Securities on its behalf
      or to assist him in complying with any exemption from registration except as
      otherwise provided herein.

     

    (e)   Buyer
      (i) has
      adequate means of providing for his current needs and possible contingencies,
      (ii) has no need for liquidity in this investment, (iii) is able to bear the
      substantial economic risks of an investment in the Conversion Shares for an
      indefinite period, (iv) at the present time, can afford a complete loss of
      such
      investment, and (v) does not have an overall commitment to investments which
      are
      not readily marketable that is disproportionate to Buyer’s net worth, and
      Buyer’s investment in the Conversion Shares will not cause such overall
      commitment to become excessive.

     

    (f)    Buyer
      is an
“accredited investor” (as defined in Regulation D promulgated under the Act)
and
      the
      undersigned’s total investment in the Conversion Shares does not exceed 10% of
      the Buyer’s net worth.

     

    (g)   Buyer
      recognizes
      that the Company has had only limited revenues to date and that the Conversion
      Shares as an investment involve significant risks.

     

    (h)   Buyer
      will not
      transfer the Conversion Shares without registering them under applicable federal
      and state securities laws unless the transfer is exempt from registration. 
Buyer realizes that the Company may not allow a transfer of Conversion Shares
      unless the transferee is also an “accredited investor”.  Buyer understands
      that legends will be placed on certificates representing the Conversion Shares,
      with respect to the above restrictions on resale or other disposition of the
      Conversion Shares and that stop transfer instructions have or will be placed
      with respect to the Conversion Shares so as to restrict the assignment, resale
      or other disposition thereof.

     

    (i)   The
      Company will
      direct its transfer agent to, or will itself, place such a stop transfer order
      in its books respecting transfer of the Conversion Shares, and the certificate
      or certificates representing the Conversion Shares will bear the following
      legend or a legend substantially similar thereto:

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    EXHIBIT
      10.10.CA

     

    “THESE
      SHARES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933.  THEY MAY
      NOT BE SOLD OR OFFERED FOR SALE IN THE ABSENCE OF:  (1) AN EFFECTIVE
      REGISTRATION STATEMENT AS TO THE SECURITIES UNDER THE ACT, OR (2) AN OPINION
      OF
      COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT
      REQUIRED.”

     

    (j)           
      That Buyer understands that Rule 144, promulgated by the Securities and Exchange
      Commission under the Act, may not be currently available for sale of the
      Conversion Shares, and there is no assurance that it will be available at any
      particular time in the future.  If and when Rule 144 is available for sale
      of the Common Stock underlying the Conversion Shares, such sales in reliance
      upon Rule 144 may only be (i) in limited quantities after the Conversion Shares
      have been held for one (1) year after being sold by the Company, or (ii) in
      unlimited quantities by non-affiliates after the Conversion Shares have been
      held for two (2) years after being sold by the Company, in each case in
      accordance with the conditions of the Rule, all of which must be met (including
      the requirement, if applicable, that adequate information concerning the Company
      is then available to the public).  The Company and Buyer acknowledge that
      the Company has no
      obligation to supply the information required for sales under Rule
      144.

     

    (k)          
      The Purchase Price to be paid by Buyer to Company for the Conversion Shares
      has
      been determined by Buyer as fair and appropriate based solely upon Buyer’s
      independent investigation and due diligence of the Company, and neither Buyer
      nor the Company nor any of their agents, including, without limitation, any
      of
      their officers, directors, employees, accountants and attorneys, has made any
      representations or warranties whatsoever in connection with the sale of the
      Conversion Shares by the Company to Buyer.  Buyer has had sufficient
      opportunity in connection with the sale of the Conversion Shares to review
      the
      Company’s business and affairs (including, without limitation, the Company’s
      financial statements and other information).  The Buyer has had answered to
      his satisfaction any questions with respect to the Company’s business and
      affairs.  Buyer further has had the opportunity to obtain independent
      financial, legal, accounting, business, tax and other appropriate advice with
      respect to the transactions contemplated by this Agreement, and is not relying
      upon the Company or any of its agents in any manner in connection with
      same.

     

    3.    REGISTRATION
      RIGHTS.       The Company agrees to include
      for registration under the Act all of the Conversion Shares issued hereby in
      the
      next Registration Statement filed by the Company with the Securities and
      Exchange Commission.

     

    4.    REPRESENTATIONS
      AND
      WARRANTIES OF MIT

     

    (a)          
      MIT is a corporation duly organized and validly existing under the laws of
      the
      State of California without limit as to duration of its existence, and is
      authorized and in good standing to do business in no other state; MIT has the
      corporate power and adequate authority, rights and franchise to own its property
      and to carry on its business as now conducted; and, subject to ratification
      by
      its Board of Directors, MIT has the corporate power and adequate authority
      to
      enter into this Agreement.

     

    (b)          
      The execution and delivery of this Agreement and subject to (1) ratification
      by
      the Board of Directors of the Company and (2) filing the Certificate with the
      California Secretary of State, the performance of the provisions of this
      Agreement are not in contravention of or in conflict with any law or regulation
      or any term or provision of MIT’s Articles of Incorporation or By-Laws and are
      duly authorized and do not require the consent or approval of any governmental
      body or other regulatory authority; and this Agreement is a valid, binding
      and
      legal obligation of MIT, enforceable in accordance with the terms
      herein.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    

      EXHIBIT
        10.10.CA

       

    

    5.            
      ENTIRE AGREEMENT       This Agreement
      embodies the entire agreement and understanding between the parties hereto
      with
      respect to the subject matter hereof and supersedes all prior and
      contemporaneous agreements and understandings relating to such subject
      matter.

     

    6.            
      AMENDMENT       This Agreement may not be
      amended except by written document executed by the parties.

     

    7.            
      SUBJECT HEADINGS       Subject headings are
      included for convenience only and shall not be deemed part of this
      Agreement.

     

    8.            
      SEVERABILITY       If any provision of this
      Agreement shall be held unenforceable as applied to any circumstance, the
      remainder of this Agreement and the application of such provision to other
      circumstances shall be interpreted so as best to effect the intent of the
      parties.  The parties further agree to replace any such unenforceable
      provision with an enforceable provision (and to take such other action) which
      will achieve, to the extent possible, the purposes of the unenforceable
      provision.

     

    9.            
      GOVERNING LAW       This Agreement shall be
      governed by and construed under the laws of the State of California in force
      from time to time.

     

    10.         
      PARTIES BOUND       This Agreement is binding
      on and shall inure to the benefit of the parties and their respective
      successors, assign, heirs, and legal representatives.

     

    11.         
      SURVIVAL       The representations,
      warranties, covenants, and agreements contained in this Agreement shall survive
      the consummation of the transactions contemplated hereby.

     

    12.         
      COUNTERPARTS       This Agreement may be
      executed in one or more counterparts, each of which shall be deemed an original
      but all of which together shall constitute one and the same
      instrument.

     

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

     

    
      	
               COMPANY:

            	
               

            	
              BUYER:

            
	
               

            	
               

            	
               

            
	
              MICRO
                IMAGING TECHNOLOGY, INC.

            	
               

            	 
	
               

            	
               

            	
               

            
	
              /S/
                CATHERINE PATTERSON

            	
               

            	
              /S/
                ANTHONY M. FRANK

            	 
	
              Catherine
                Patterson, CFO

            	
               

            	
              Anthony
                M. Frank, Trustee

            
	
              23456
                South Pointe Drive

            	
               

            	
              1
                Maritime Plaza, Suite 825

            
	
              Laguna
                Hills, CA 92653-1512

            	
               

            	
              San
                Francisco, CA  94111

            
	 	 	 	 	 

    

    

    
      
         

      

      
        5

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