Document:

<PAGE>

                                                                     Exhibit 4.7

         THE SECURITY REPRESENTED HEREBY, AND THE SECURITIES ISSUABLE UPON
         CONVERSION OR REDEMPTION HEREOF, HAVE NOT BEEN REGISTERED UNDER THE
         SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS AND NEITHER SUCH
         SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED,
         ENCUMBERED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE
         REGISTRATION STATEMENT UNDER SUCH ACT OR SUCH LAWS OR AN EXEMPTION FROM
         REGISTRATION UNDER SUCH ACT AND SUCH LAWS WHICH, IN THE OPINION OF
         COUNSEL FOR THE HOLDER, WHICH COUNSEL AND OPINION ARE REASONABLY
         SATISFACTORY TO COUNSEL FOR THIS COMPANY, IS AVAILABLE.

                            IVIVI TECHNOLOGIES, INC.

                      UNSECURED CONVERTIBLE PROMISSORY NOTE

US$_______
                                                                  ________, 200_

         FOR VALUE RECEIVED, Ivivi Technologies, Inc., a corporation duly
organized and validly existing under the laws of the State of New Jersey (the
"COMPANY"), promises to pay to ___________________________ the registered holder
of this unsecured convertible promissory note ("NOTE") and its successors and
assigns (the "HOLDER"), the principal sum of________________ ($________) in
accordance with the terms hereof, and interest on the principal sum outstanding
in accordance with the terms hereof. Accrual of interest on the outstanding
principal amount shall commence on the date hereof and shall continue until
payment in full of the outstanding principal amount has been made or duly
provided for, or until the entire outstanding principal amount of the Note has
been converted.

         This Note is one of a series of unsecured convertible promissory notes
(collectively, the "COMPANY Notes") of like tenor in an aggregate principal
amount of up to $2,000,000, of which notes in the aggregate principal amount of
$1,250,000 have been issued by the Company pursuant to the terms of the
Subscription Agreements, dated as of November 8, 2005 and November 10, 2005,
between the Company and each investor party thereto, and notes in the aggregate
principal amount of $750,000, may be issued by the Company pursuant to the terms
of Subscription Agreements, dated of even date herewith, between the Company and
each investor party thereto (collectively, the "SUBSCRIPTION AGREEMENTS"). The
Subscription Agreement between the Company and the Holder is hereinafter
referred to as the "HOLDER SUBSCRIPTION AGREEMENT."

<PAGE>

         The following is a statement of the rights of the Holder of this Note
and the terms and conditions to which this Note is subject, and to which the
Holder, by acceptance of this Note, agrees:

1. Principal Repayment; Prepayment. The outstanding principal amount of this
Note and any and all accrued but unpaid interest thereon shall be payable on or
before February 23, 2011 (the "MATURITY DATE"), unless this Note has been
converted or redeemed as described below. Notwithstanding the foregoing, prior
to the Maturity Date, the Company may prepay, without penalty or premium, the
outstanding principal amount of this Note and any and all interest thereon
accrued but unpaid through the prepayment date, in whole or in part, at any time
and in its discretion.

2. Interest. The Holder is entitled to receive interest on the outstanding
principal amount of this Note at the annual cumulative rate for each period set
forth in the chart below, payable quarterly (on January 1, April 1, July 1 and
October 1) in cash, out of funds legally available therefore:

<TABLE>
<CAPTION>
                  ------------------------------ -------------------------------------------------------------
                             RATE                                  PERIOD
                  ------------------------------ -------------------------------------------------------------
                  <S>                            <C>
                                8%                  ______ __, 2006 to ______ __, 2007
                  ------------------------------ -------------------------------------------------------------
                                9%                  ______ __, 2007 to ______ __, 2008
                  ------------------------------ -------------------------------------------------------------
                               10%                  ______ __, 2008 to ______ __, 2009
                  ------------------------------ -------------------------------------------------------------
                               11%                  ______ __, 2009 to ______ __, 2010
                  ------------------------------ -------------------------------------------------------------
                               12%                  ______ __, 2010 to ______ __, 2011
                  ------------------------------ -------------------------------------------------------------
</TABLE>

Interest payments for the period between the date hereof and the next interest
payment date shall be pro rated based upon the actual number of days elapsed,
assuming a 365 day year. The first interest payment to be made on this Note will
be due on April 1, 2006. Interest payments to be made on this Note in accordance
with the terms hereof shall be made in cash.

         3. Ranking. The obligations of the Company under this Note shall rank
(i) pari passu with all Indebtedness (as defined below) existing as of the date
hereof, including, without limitation, all of the other Company Notes and all of
the other outstanding unsecured convertible promissory notes issued by the
Company in connection with the Prior Private Offerings (as defined below) and
(ii) senior to all Indebtedness incurred by the Company after the date hereof,
except for Indebtedness incurred by the Company within the limitations of
Section 7(a) hereof. For purposes of this Note, the following terms shall have
the following meanings:

                  (i)      "ADM TRONICS" shall mean ADM Tronics Unlimited, Inc.,
                           a Delaware corporation.

                  (ii)     "PRIOR PRIVATE OFFERINGS" shall mean (A) the
                           Company's joint offering with ADM Tronics, pursuant
                           to which the Company, together with ADM Tronics,
                           issued joint unsecured convertible notes in the
                           aggregate principal amount of $3,637,500, which was
                           completed in December 2004, and (B) the Company's
                           joint offering with ADM Tronics, pursuant to which
                           the Company, together with ADM Tronics, issued joint
                           unsecured convertible notes in the aggregate
                           principal amount of $2,450,000, which was completed
                           in February 2005.

                                       2
<PAGE>

         4. Conversion.

                  (a) Automatic Conversion. The outstanding principal amount of
this Note will automatically convert into shares of common stock, no par value,
of the Company ("COMMON STOCK") at the Conversion Price (as defined below), upon
consummation of an initial public offering of shares of Common Stock (an "IPO").

                  (b) Optional Conversion. From and after the earlier to occur
of (i) the first anniversary of the date of this Note and (ii) a withdrawal of
the Company's Registration Statement on Form SB-2, which was initially filed
with the Securities and Exchange Commission on February 11, 2005, the Holder may
elect, at its option, to convert all or any portion of the outstanding principal
amount of this Note into shares of Common Stock, at the Conversion Price.

                  (c) Conversion Price. For purposes of this Note, the
"CONVERSION PRICE" shall mean, with respect to a conversion of the outstanding
principal amount of this Note into shares of Common Stock, the price per share
of Common Stock equal to: (i) if such conversion occurs at any time other than
upon consummation of an IPO in accordance with Section 4(a), $7.00 and (ii) if
such conversion occurs upon consummation of an IPO, 85% of the initial public
offering price per share of Common Stock offered and sold to the public pursuant
to the IPO. The Conversion Price and the number of shares of Common Stock into
which the outstanding principal amount of this Note may convert shall be subject
to adjustment from time to time in accordance with Section 4 hereof.

                  (d) Mechanics of Conversion. Upon any conversion of the
outstanding principal amount of this Note, (i) such principal amount converted
shall be converted and such converted portion of this Note shall become fully
paid and satisfied, (ii) the Holder shall surrender and deliver this Note, duly
endorsed, to the Company's office or such other address which the Company shall
designate against delivery of the certificates representing the new securities
of the Company; (iii) the Company shall promptly deliver a duly executed Note to
the Holder in the principal amount, if any, that remains outstanding after any
such conversion; and (iv) in exchange for all or any portion of the surrendered
Note described in clause (ii) of this Section 4(d), the Company shall provide
the Holder with irrevocable instructions addressed to the Company's transfer and
exchange agent, as applicable, to issue such number of unrestricted, freely
tradable shares of Common Stock, as the case may be.

                  (e) Issue Taxes. The Holder shall pay any and all issue and
other taxes that may be payable with respect to any issue or delivery of shares
of Common Stock on conversion of this Note pursuant hereto; provided, however,
that the Holder shall not be obligated to pay any transfer taxes resulting from
any transfer requested by any holder in connection with any such conversion.

                                       3
<PAGE>

                  (f) Elimination of Fractional Interests. No fractional shares
of Common Stock shall be issued upon conversion of this Note, nor shall the
Company be required to pay cash in lieu of fractional interests, it being the
intent of the parties that all fractional interests shall be eliminated and that
all issuances of the Common Stock shall be rounded up to the nearest whole
share.

         5. Rights upon Liquidation, Dissolution or Winding Up. In the event of
any liquidation, dissolution or winding up of the Company, either voluntary or
involuntary, the holders of the Notes shall be entitled to receive, prior and in
preference to any distribution of any of the assets of the Company or to the
holders of any equity security of the Company, an amount equal to the unpaid and
unconverted principal face amount of their Notes and any accrued and unpaid
interest thereon. The Holders shall share ratably with the other unsecured
creditors of the Company if the available assets are not sufficient to repay the
Notes.

         6. Adjustments.

                  (a) In the event that the Company should at any time or from
time to time, after the date of this Note, fix a record date for the
effectuation of a split or subdivision of the outstanding shares of either the
Common Stock or the determination of holders of the Common Stock entitled to
receive a dividend or other distribution payable in additional shares of either
the Common Stock or other securities or rights convertible into, or entitling
the holder thereof to receive directly or indirectly additional shares of the
Common Stock (hereinafter referred to as "COMMON STOCK EQUIVALENTS") without
payment of any consideration by such holder for the additional shares of the
Common Stock or the Common Stock Equivalents (including the additional shares of
the Common Stock issuable upon conversion or exercise thereof), then, as of such
record date (or the date of such dividend, distribution, split or subdivision if
no record date is fixed), unless the Conversion Price is otherwise automatically
adjusted in accordance with the terms of this Note, the Conversion Price shall
be appropriately decreased so that the number of shares of the Common Stock
issuable on conversion of this Note shall be increased in proportion to such
increase in the aggregate number of shares of the Common Stock outstanding and
those issuable with respect to such Common Stock Equivalents.

                  (b) If the number of shares of the Common Stock outstanding at
any time after the date of this Note is decreased by a combination of the
outstanding shares of the Common Stock, then, following the record date of such
combination, the Conversion Price shall be appropriately increased so that the
number of shares of the Common Stock issuable upon conversion of this Note shall
be decreased in proportion to such decrease in outstanding shares.

                  (c) A Sale of the Company (as defined herein) shall be treated
as a liquidation for purposes of the liquidation preference. The Holder shall
receive prior notice of a Sale of the Company and shall have an opportunity to
convert, at its sole election, this Note prior to the consummation of any such
transaction; provided, however, that notwithstanding anything to the contrary
contained herein, the Holder shall not be entitled to any prepayment penalty or
premium in the event the Holder exercises its right to convert this Note
pursuant to this Section 6(c). For purposes of this Note, a "SALE OF THE
COMPANY" means (i) the consummation of a merger or consolidation of the Company
with or into another entity or any other corporate reorganization, if more than
80% of the combined voting power of the continuing or surviving entity's
securities outstanding immediately after that merger, consolidation, or other
reorganization is owned by one or more Persons who were not stockholders of the
Company immediately prior to that merger, consolidation, or other
reorganization; (ii) the acquisition of more than 80% of Common Stock by any
Person, other than a Person who is a stockholder of the Company as of the date
of this Note, or by any group (within the meaning of Rule 13d-5 of the under the
Securities Exchange Act of 1934, as amended (the "EXCHANGE ACT")), excluding the
interests of any Person who is a stockholder on date of this Note; or (iii) the
sale, transfer or other disposition of all or substantially all of the Company's
assets to one or more Persons who were not stockholders of the Company
immediately prior to the sale, transfer or other disposition.

                                       4
<PAGE>

         7. Affirmative Covenants of the Company. The Company hereby agrees
that, so long as the Note remains outstanding and unpaid, or any other amount is
owing to the Holder hereunder, the Company will:

                  (a) Corporate Existence and Qualification. Take the necessary
steps to preserve its corporate existence and its right to conduct business in
all states in which the nature of its business requires qualification to do
business.

                  (b) Books of Account. Keep its books of account in accordance
with good accounting practices.

                  (c) Insurance. Maintain insurance with responsible and
reputable insurance companies or associations, as determined by the Company in
its sole but reasonable discretion, in such amounts and covering such risks as
is usually carried by companies engaged in similar businesses and owning similar
properties in the same general areas in which the Company operates.

                  (d) Preservation of Properties; Compliance with Law. Maintain
and preserve all of its properties that are used or that are useful in the
conduct of its business in good working order and condition, ordinary wear and
tear excepted and comply with the charter and bylaws or other organizational or
governing documents of the Company, and any law, treaty, rule or regulation, or
determination of an arbitrator or a court or other governmental authority, in
each case applicable to or binding upon the Company or any of its property or to
which each the Company or any of its property is subject.

                  (e) Taxes. Duly pay and discharge all taxes or other claims,
which might become a lien upon any of its property except to the extent that any
thereof are being in good faith appropriately contested with adequate reserves
provided therefor.

                  (f) Reservation of Shares. The Company shall at all times have
authorized, and reserved for the purpose of issuance, a sufficient number of
shares of Common Stock and issuable upon conversion of this Note and exercise of
the Warrants to provide for the issuance of all of such shares. Prior to
complete conversion of this Notes and exercise of the Warrants, the Company
shall not reduce the number of shares of Common Stock reserved for issuance
hereunder without the written consent of the Holder except for a reduction
proportionate to a reverse stock split effected for a business purpose other
than affecting the requirements of this Section, which reverse stock split
affects all shares of Common Stock equally.

                                       5
<PAGE>

                  (g) Use of Proceeds. The proceeds of the Notes will be used
for working capital purposes.

                  (h) Financial Information. For so long as the Company is not
filing periodic reports with the Securities and Exchange Commission pursuant to
Section 13 or Section 15 of the Exchange Act, the Company shall deliver to the
Holder, as soon as available after the end of each fiscal year of the Company,
the audited financial statements of the Company for such fiscal year then ended,
together with the written opinion of the auditor rendered in connection
therewith. With respect to such financial statements, if for any fiscal year,
the Company shall have any subsidiary whose accounts are consolidated with those
of the Company, then in respect of such period, the financial statements
delivered pursuant to the foregoing section shall be the consolidated and
consolidating financial statements of the Company and all such consolidated
subsidiaries.

         8. Negative Covenants of the Company. The Company hereby agrees that,
so long as (i) all or any portion of this Note remains or remain outstanding and
unpaid and (ii) at least a majority of the face amount of the Company Notes
issued and outstanding as of the date hereof remain outstanding and unpaid, it
will not, nor will it permit any of its subsidiaries, if any, without the
consent of the Required Holders (as defined in Section 16 hereof), to:

                  (a) Indebtedness for Borrowed Money. Incur, or permit to
exist, any Indebtedness (as defined below) for borrowed money in excess of
$250,000 during each fiscal year of the Company, with rights superior to Holder,
except in the ordinary course of the Company's business. For purposes of this
Note, "INDEBTEDNESS" shall mean (a) all obligations of the Company for borrowed
money or with respect to deposits or advances of any kind, (b) all obligations
of the Company evidenced by bonds, debentures, notes or other similar
instruments, (c) all obligations of the Company for the deferred purchase price
of property or services, except current accounts payable arising in the ordinary
course of business and not overdue beyond such period as is commercially
reasonable for the Company's business, (d) all obligations of the Company under
conditional sale or other title retention agreements relating to property
purchased by the Company, (e) all payment obligations of the Company with
respect to interest rate or currency protection agreements, (f) all obligations
of the Company as an account party under any letter of credit or in respect of
bankers' acceptances, (g) all obligations of any third party secured by property
or assets of such Person (regardless of whether or not the Company is liable for
repayment of such obligations), except for obligations to secure Indebtedness
incurred within the limitations of this Section 8(a); (h) all guarantees of the
Company and (i) the redemption price of all redeemable preferred stock of the
Company, but only to the extent that such stock is redeemable at the option of
the holder or requires sinking fund or similar payments at any time prior to the
Maturity Date.

                                       6
<PAGE>

                  (b) Mergers, Acquisitions and Sales of Assets. Enter into any
merger or consolidation or liquidate, windup or dissolve itself or sell,
transfer or lease or otherwise dispose of all or any substantial part of its
assets or technologies (other than sales of inventory and obsolescent equipment
in the ordinary course of business) or acquire by purchase or otherwise the
business or assets of, or stock of, another business entity in excess of
$500,000; except that any subsidiary of the Company may merge into or
consolidate with any other subsidiary which is wholly-owned by the Company and
any subsidiary which is wholly-owned by the Company may merge with or
consolidate into the Company provided that the Company is the surviving
corporation.

                  (c) Loans; Investments. Lend or advance money, credit or
property to or invest in (by capital contribution, loan, purchase or otherwise)
any firm, corporation, or other Person except (i) investments in United States
Government obligations, certificates of deposit of any banking institution with
combined capital and surplus of at least $200,000,000; (iii) accounts receivable
arising out of sales of inventory and/or the rental of equipment in the ordinary
course of business; and (iv) loans to subsidiaries, if any.

                  (d) Dividends and Distributions. Pay dividends or make any
other distribution on shares of the capital stock of the Company.

                  (e) Liens. Create, assume or permit to exist, any lien on any
of its property or assets now owned or hereafter acquired except (i) liens in
favor of the Holder; (ii) liens granted to secure Indebtedness incurred within
the limitations of Section 8(a) hereof; (iii) liens incidental to the conduct of
its business or the ownership of its property and assets which were not incurred
in connection with the borrowing of money or the obtaining of advances or credit
and which do not materially impair the use thereof in the operation of its
business; (iv) liens for taxes or other governmental charges which are not
delinquent or which are being contested in good faith and for which a reserve
shall have been established in accordance with generally accepted accounting
principles; and (v) purchase money liens granted to secure the unpaid purchase
price of any fixed assets purchased within the limitations of Section 8(h)
hereof.

                  (f) Contingent Liabilities. Assume, endorse, be or become
liable for or guarantee the obligations of any Person, contingently or
otherwise, excluding however, the endorsement of negotiable instruments for
deposit or collection in the ordinary course of business or guarantees of the
Company made within the limitations of Section 8(a) hereof.

                  (g) Sales of Receivables; Sale - Leasebacks. Sell, discount or
otherwise dispose of notes, accounts receivable or other obligations owing to
the Company, with or without recourse, except for the purpose of collection in
the ordinary course of business; or sell any asset pursuant to an arrangement to
thereafter lease such asset from the purchaser thereof.

                  (h) Capital Expenditures; Capitalized Leases. Expend in the
aggregate for the Company and all its subsidiaries in excess of $150,000 in any
fiscal year for Capital Expenditures (as defined below), including payments made
on account of Capitalized Leases (as defined below). For purposes of the
foregoing, Capital Expenditures shall include payments made on account of any
deferred purchase price or on account of any indebtedness incurred to finance
any such purchase price. "CAPITAL EXPENDITURES" shall mean for any period, the
aggregate amount of all payments made by any Person directly or indirectly for
the purpose of acquiring, constructing or maintaining fixed assets, real
property or equipment which, in accordance with generally accepted accounting
principles, would be added as a debit to the fixed asset account of such Person,
including, without limitation, all amounts paid or payable with respect to
Capitalized Lease Obligations and interest which are required to be capitalized
in accordance with generally accepted accounting principles. "CAPITALIZED LEASE"
shall mean any lease the obligations to pay rent or other amounts under which
constitute Capitalized Lease Obligations. "CAPITALIZED LEASE OBLIGATIONS" shall
mean as to any Person, the obligations of such Person to pay rent or other
amounts under a lease of (or other agreement conveying the right to use) real
and/or personal property which obligations are required to be classified and
accounted for as a capital lease on a balance sheet of such Person under
generally accepted accounting principles and, for purposes of this Note, the
amount of such obligations shall be the capitalized amount thereof, determined
in accordance with generally accepted accounting principles.

                                       7
<PAGE>

                  (i) Lease Payments. Expend in the aggregate for the Company
and all its subsidiaries, if any, in excess of $500,000 in any fiscal year for
the lease, rental or hire of real or personal property pursuant to any rental
agreement therefor, whether an operating lease, capitalized lease or otherwise.

                  (j) Nature of Business. Materially alter the nature of the
Company's business or otherwise engage in any business other than the business
engaged in or proposed to be engaged in on the date of this Note.

                  (k) Stock of Subsidiaries. Sell or otherwise dispose of any
subsidiary, if any, or permit a subsidiary, if any, to issue any additional
shares of its capital stock except pro rata to its stockholders.

                  (l) ERISA. (i) Terminate any plan ("PLAN") of a type described
in Section 402l(a) of the Employee Retirement Income Security Act of l974, as
amended from time to time ("ERISA") in respect of which the Company is an
"employer" as defined in Section 3(5) of ERISA so as to result in any material
liability to the Pension Benefit Guaranty Corporation (the "PBGC") established
pursuant to Subtitle A of Title IV of ERISA, (ii) engage in or permit any person
to engage in any "prohibited transaction" (as defined in Section 406 of ERISA or
Section 4975 of the Internal Revenue Code of 1954, as amended) involving any
Plan which would subject the Company to any material tax, penalty or other
liability, (iii) incur or suffer to exist any material "accumulated funding
deficiency" (as defined in Section 302 of ERISA), whether or not waived,
involving any Plan, or (iv) allow or suffer to exist any event or condition,
which presents a material risk of incurring a material liability to the PBGC by
reason of termination of any Plan.

                  (m) Accounting Changes. Make, or permit any subsidiary to make
any change in their accounting treatment or financial reporting practices except
as required or permitted by generally accepted accounting principles in effect
from time to time.

                  (n) Transactions with Affiliates. Except in connection with
the Management Services Agreement, dated August 15, 2001, among the Company, ADM
Tronics and certain subsidiaries of ADM Tronics, as amended, or the Amended and
Restated Manufacturing Agreement, dated February 10, 2005, among the Company,
ADM Tronics and certain subsidiaries of ADM Tronics, as each may be amended,
modified or otherwise supplemented from time to time, or as otherwise
specifically set forth in this Note, directly or indirectly, purchase, acquire
or lease any property from, or sell, transfer or lease any property to, or enter
into any other transaction, with any Affiliate (as defined below) except in the
ordinary course of business and at prices and on terms not less favorable to it
than those which would have been obtained in an arm's-length transaction with a
non-affiliated third party. "AFFILIATE" as applied to any Person, shall mean any
other Person directly or indirectly through one or more intermediaries
controlling, controlled by, or under common control with, that Person. For the
purposes of this definition, "control" (including with correlative meanings, the
terms "controlling," "controlled by" and "under common control with"), as
applied to any Person, means the possession, directly or indirectly, of the
power to direct or cause the direction of the management and policies of that
Person, whether through the ownership of voting securities or by contract or
otherwise.

                                       8
<PAGE>

         9. Events of Default. The Note shall become immediately due and payable
at the option of the Holder, without notice or demand, upon any one or more of
the following events or occurrences ("EVENTS OF Default"):

                  (a) if any portion of the Note is not paid when due;

                  (b) if any representation or warranty of the Company made in
this Note, the Transaction Documents (as defined in the Holder Subscription
Agreement), or in any certificate, report or other financial statement or other
instrument or document delivered pursuant hereto, or any notice, certificate,
demand or request delivered to the Holder pursuant to this Note, the Transaction
Documents (as defined in the Holder Subscription Agreement), or any other
document proves to be false or misleading in any material respect as of the time
when the same is made;

                  (c) if the Company consummates a transaction which would cause
this Note or any exercise of any Holder's rights under this Notes and the
Warrants (i) to constitute a non-exempt prohibited transaction under ERISA, (ii)
to violate a state statute regulating governmental plans or (iii) otherwise to
subject the Company to liability for violation of ERISA or such state statute;

                  (d) if any final judgment for the payment of money is rendered
against the Company and the Company does not discharge the same or cause it to
be discharged or vacated within one hundred twenty (120) days from the entry
thereof, or does not appeal therefrom or from the order, decree or process upon
which or pursuant to which said judgment was granted, based or entered, and does
not secure a stay of execution pending such appeal within one hundred twenty
(120) days after the entry thereof;

                  (e) subject to the provisions of Section 7(f) hereof, if any
taxes are not paid before delinquency;

                  (f) if the Company makes an assignment for the benefit of
creditors or if the Company generally does not pay its debts as they become due;

                                       9
<PAGE>

                  (g) if a receiver, liquidator or trustee of the Company is
appointed or if the Company is adjudicated a bankrupt or insolvent, or if any
petition for bankruptcy, reorganization or arrangement pursuant to federal
bankruptcy law, or any similar federal or state law, is filed by or against,
consented to, or acquiesced in, by the Company or if any proceeding for the
dissolution or liquidation of the Company is instituted; however, if such
appointment, adjudication, petition or proceeding is involuntary and is not
consented to by the Company, upon the same not being discharged, stayed or
dismissed within 60 days;

                  (h) if the Company defaults under any other mortgage or
security agreement covering any part of its property;

                  (i) except for specific defaults set forth in this Section 9,
if the Company defaults in the observance or performance of any other term,
agreement or condition of this Note, the Transaction Documents (as defined in
the Holder Subscription Agreement), and the Company fail to remedy such default
within thirty (30) days after notice by the Holder to the Company of such
default, or, if such default is of such a nature that it cannot with due
diligence be cured within said thirty (30) day period, if the Company fails,
within said thirty (30) days, to commence all steps necessary to cure such
default, and fails to complete such cure within ninety (90) days after the end
of such thirty (30) day period; and

                  (j) if any of the following exist uncured for forty-five (45)
days following written notice to the Company in any the Transaction Documents
(as defined in the Holder Subscription Agreement): (i) the failure of any
representation or warranty made by the Company to be true and correct in all
respects or (ii) the Company fails to provide the Holder with the written
certifications and evidence referred to in this Note.

         10. Holder Not Deemed a Stockholder. No Holder, as such, of this Note
shall be entitled (prior to conversion or redemption of this Note into Common
Stock, and only then to the extent of such conversion) to vote or receive
dividends or be deemed the holder of shares of the Company for any purpose, nor
shall anything contained in this Note be construed to confer upon the Holder
hereof, as such, any of the rights at law of a stockholder of the Company prior
to the issuance to the holder of this Note of the shares of Common Stock which
the Holder is then entitled to receive upon the due conversion of all or a
portion of this Note. Notwithstanding the foregoing, the Company will provide
the Holder with copies of the same notices and other information given to the
stockholders of the Company generally, contemporaneously with the giving thereof
to the stockholders.

         11. Confidential Information. The Holder agrees that it will keep
confidential and will not disclose, divulge or use for any purpose, other than
to monitor its investment in the Company, any confidential information obtained
from the Company pursuant to the terms of this Agreement, including without
limitation information provided pursuant to Section 7(h), unless such
confidential information (i) is known or becomes known to the public in general
(other than as a result of a breach of this Section 11 by the Holder), (ii) is
or has been independently developed or conceived by the Holder without use of
the Company's confidential information or (iii) is or has been made known or
disclosed to the Holder by a third party without a breach of any obligation of
confidentiality such third party may have to the Company; provided, however,
that the Holder may disclose confidential information to its attorneys,
accountants, consultants, and other professionals to the extent necessary to
obtain their services in connection with monitoring its investment in the
Company or as may be required by law, provided that the Holder takes reasonable
steps to minimize the extent of any such required disclosure.

                                       10
<PAGE>

         12. Mutilated, Destroyed, Lost or Stolen Notes. In case this Note shall
become mutilated or defaced, or be destroyed, lost or stolen, the Company shall
execute and deliver a new note of like principal amount in exchange and
substitution for the mutilated or defaced Note, or in lieu of and in
substitution for the destroyed, lost or stolen Note. In the case of a mutilated
or defaced Note, the Holder shall surrender such Note to the Company. In the
case of any destroyed, lost or stolen Note, the Holder shall furnish to the
Company (a) evidence to its satisfaction of the destruction, loss or theft of
such Note and (b) such security or indemnity as may be reasonably required by
the Company to hold the Company harmless.

         13. Waiver of Demand, Presentment, Etc. The Company hereby expressly
waives demand and presentment for payment, notice of nonpayment, protest, notice
of protest, notice of dishonor, default and nonpayment, notice of acceleration
or intent to accelerate, bringing of suit and diligence in taking any action to
collect amounts called for hereunder, and all rights of set-off, defenses,
deduction or counterclaim with respect to any amount owing hereunder, and shall
be directly and primarily liable for the payment of all sums owing and to be
owing hereunder, regardless of and without any notice, diligence, act or
omission as or with respect to the collection of any amount called for
hereunder.

         14. Payment. Except as otherwise provided for herein, all payments with
respect to this Note shall be made in lawful currency of the United States of
America, at the option of the Holder, (i) at the principal office of the Holder,
located at __________________________, or such other place or places as may be
reasonably specified by the Holder of this Note in a written notice to the
Company at least ten (10) business days before a given payment date, or (ii) by
mailing a good check in the proper amount to the Holder at least two days prior
to the due date of each payment or otherwise transferring funds so as to be
received by the Holder on the due date of each such payment; provided, however,
that the Company shall make payment by wire transfer to an account such Holder
may specify in writing to the Company at least two days prior to the due date of
each payment. Payment shall be credited first to the accrued interest then due
and payable and the remainder applied to principal. The Holder shall keep a
record of each payment of principal and interest with respect thereto. This Note
is not secured.

         15. Assignment. The rights and obligations of the Company and the
Holder of this Note shall be binding upon, and inure to the benefit of, the
permitted successors, assigns, heirs, administrators and transferees of the
parties hereto. Notwithstanding the foregoing, except as set forth in the
immediately succeeding sentence, the Holder may not assign, pledge or otherwise
transfer this Note without the prior written consent of the Company.
Notwithstanding the foregoing, the Holder may assign this Note and all, but not
less than all, of its rights and obligations hereunder, to an Affiliate of the
Holder or a "qualified institutional buyer" within the meaning of Rule 144A
promulgated under the Securities Act of 1933, as amended (a "QUALIFIED
INSTITUTIONAL BUYER"); provided, however, that this Note and the rights and
obligations hereunder may not be assigned to a Qualified Institutional Buyer
unless (i) the Purchaser shall have provided the Company with written notice of
the proposed assignment at least five (5) business days prior thereto and (ii)
within such five (5) business day-period, the Company shall not have advised the
Purchaser that such assignment could reasonably be expected to violate
applicable Federal or state securities laws. Interest and principal are payable
only to the registered Holder of this Note in the Note Register.

                                       11
<PAGE>

          16. Waiver and Amendment. Any provision of this Note, including,
without limitation, the due date hereof, and the observance of any term hereof,
may be amended, waived or modified (either generally or in a particular instance
and either retroactively or prospectively) only with the written consent of the
Company and the Requisite Holders. For purposes of this Note, the term "REQUIRED
HOLDERS" shall mean, as of any given time, the holders of the Company Notes
representing at least a majority of the face amount of the Company Notes then
outstanding.

         17. Notices. Any notice, request or other communication required or
permitted hereunder shall be in writing and shall be deemed to have been duly
given if personally delivered or mailed by registered or certified mail, postage
prepaid, or delivered by facsimile transmission, to the Company at the address
or facsimile number set forth herein or to the Holder at its address or
facsimile number set forth in the records of the Company. Any party hereto may
by notice so given change its address for future notice hereunder. Notice shall
conclusively be deemed to have been given when personally delivered or when
deposited in the mail in the manner set forth above and shall be deemed to have
been received when delivered or, if notice is given by facsimile transmission,
when delivered with confirmation of receipt.

         18. Governing Law; Jurisdiction. This Note, and all matters arising
directly or indirectly here from, shall be governed by and construed in
accordance with the laws of the State of New Jersey, notwithstanding the choice
of law or conflicts of law principles thereof. Each of the parties hereto hereby
(i) irrevocably consents and submits to the sole exclusive jurisdiction of the
United States District Court for the District of New Jersey or the Superior
Court of New Jersey (and of the appropriate appellate courts therefrom) in
connection with any suit, action or other proceeding arising out of or relating
to this Note, (ii) irrevocably waives, to the fullest extent permitted by law,
any objection that 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, and (iii) agrees that service of any summons, complaint,
notice or other process relating to such suit, action or other proceeding may be
effected in the manner provided by Section 17.

         19. Severability. If one or more provisions of this Note are held to be
unenforceable under applicable law, such provisions shall be excluded from this
Note, and the balance of this Note shall be interpreted as if such provisions
were so excluded and shall be enforceable in accordance with its terms.

         20. Headings. Section headings in this Note are for convenience only,
and shall not be used in the construction of this Note.

                            [SIGNATURE PAGE FOLLOWS]

                                       12
<PAGE>

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

                          IVIVI TECHNOLOGIES, INC.

                          By: _________________________
                              Name:
                              Title:

                                       13Exhibit 10.8

    
      

    

    Exhibit
      10.8

     

    Letter
      Agreement between Altus Explorations, Inc. and CodeAmerica Investments LLC
      dated
      November 9, 2005 reference Altus’ “carried” working interest in Oakcrest
      Prospect, Wharton County, Texas.

    

    

    CodeAmerica
      Investments, LLC

    

    8900
      Germantown Road, Suite 100 - Olive Branch, Mississippi 38654

    Telephone:
      662-890-7379

    Fax:
      662-893-7883

     

    LETTER
      AGREEMENT 

     

    On
      July
      6, 2004, CodeAmerica Investments, LLC (“CodeAmerica”) and Altus Explorations,
      Inc. (“Altus”) entered into a Letter of Intent for Altus to acquire from
      CodeAmerica its interests in certain Wilcox formation oil and gas leases
      associated with acreage located in Wharton County, Texas. A definitive purchase
      and sale agreement between CodeAmerica and Altus was never consummated, nor
      did
      Altus remit the required purchase price payment of $210,250 to CodeAmerica.
      

     

    CodeAmerica
      is proceeding with the development of the Wilcox formation associated with
      the
      oil and gas leases covered in the original Letter of Intent. During the year
      2004, Altus incurred certain front end development and evaluation costs in
      its
      review of the prospective oil and gas lease acreage. This Letter Agreement
      when
      executed by the undersigned Parties will set forth the Terms and Conditions,
      and
      the mutual understanding and agreement between Parties associated with Altus’
economic interest in the development of the applicable leasehold acreage.

     

    

    
      	 	
              1.

            	
              Subject
                Deveopment:

            

    

    

    
      	 	
              A.

            	
              Anderson
                Lease - The
                drilling and development of the initial four wells in the Wilcox
                formation
                676+
                acres located in the A. Edgar Survey 93, and the J. Borden Survey,
                Abstract 9 in Wharton County,
                Texas.

            

    

    

    
      	 	
              2.

            	
              Carried
                Working Interest:

            

    

    

    CodeAmerica
      grants to Altus a 2.0% (two-percent) Carried Working Interest in the drilling,
      development and completion of the initial four (4) Wilcox formation wells
      drilled on the Anderson lease. Upon the completion of drilling a Wilcox
      formation well, Altus acknowledges and agrees that it will be responsible for
      its proportionate share of all operating costs and capital expenditures
      requirements. 

    

    
      	 	
              3.

            	
              Net
                Revenue Interest:

            

    

    

    The
      four
      wells and acreage are subject to various mineral lease owner and overriding
      royalty burdens totalling 23.75%. Altus’ net revenue interest associated with
      its 2% Carried Working Interest will total 1.525% of revenues derived from
      the
      sale of oil and natural gas production, from the initial four wells developed
      on
      the Anderson Lease.

    

    

    Accepted
      and agreed to the 9th
      day of
      November, 2005.

    

    
      	
              /
                s
                / Wm. Milton Cox

            	 	
              /
                s
                / Bassam Nastat

            	 
	 	 	 	 
	
              CodeAmerica
                Investments, LLC

            	 	
              Altus
                Explorations, Inc.

            	 
	
              W.
                Milton. Cox, Chairman and CEO

            	 	
              Bassam
                Nastat, President

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