Document:

Exhibit 10.2

    
      
        

      

    

     

    

    February
      7, 2006

    

    

    House
      of
      Brussels Chocolates, Inc.

    House
      of
      Brussels Holdings Ltd.

    Brussels
      Chocolates Ltd.

    House
      of
      Brussels (USA) Ltd.

    DeBas
      Chocolate Inc.

    ChocoMed,
      Inc.

    1659
      Fosters Way

    Delta,
      British Columbia V3M 6S6

    Attention:
      Robert Wesolek

     

     

    Re:   Overadvance
      Letter

    

    Ladies
      and Gentleman:

    

    Reference
      is hereby made to that certain Security Agreement dated as of March 29, 2005
      by
      and among House of Brussels Chocolates, Inc., a Nevada corporation (“HBC”), such
      other subsidiaries of HBC named in that certain Security Agreement or which
      hereafter become a party thereto (HBC and such subsidiaries of HBC,
      collectively, the “Company”) and Laurus Master Fund, Ltd. (“Laurus”) (as
      amended, modified or supplemented from time to time, the “Security Agreement”).
      Capitalized terms used but not defined herein shall have the meanings ascribed
      them in the Security Agreement. 

    

    Laurus
      is
      hereby notifying you of its decision to exercise the discretion granted to
      it
      pursuant to Section 2(a)(iii) of the Security Agreement to make a Loan to the
      Company in excess of the Formula Amount from time to time in effect during
      the
      Period (as defined below) in an aggregate principal amount equal to (w) for
      the
      portion of the Period beginning on the date hereof and ending on March 31,
      2006,
      $500,000, (x) for the portion of the Period beginning on April 1, 2006 and
      ending on April 30, 2006, $400,000, (y) for the portion of the Period beginning
      on May 1, 2006 and ending on May 31, 2006, $300,000 and (z) for the portion
      of
      the Period beginning on June 1, 2006 and ending on June 30, 2006, $200,000
      (the
“Overadvance”). 

    

    In
      connection with making the Overadvance, for a period beginning on the date
      hereof and ending on June 30, 2006 (the “Period”), Laurus hereby waives
      compliance with Section 3 of the Security Agreement, but solely as such
      provision relates to the immediate repayment requirement for Overadvances.
      Laurus further agrees that solely for such Period (but not thereafter), (i)
      the
      Overadvance shall not trigger an Event of Default under Section 19(a) of the
      Security Agreement,
      and
      (ii) the Overadvance rate set forth in Section 5(b)(ii) of the Security
      Agreement (the “Overadvance Rate”) shall not apply.
      All
      other terms and provisions of the Security Agreement and the Ancillary
      Agreements remain in full force and effect. 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    This
      letter may not be amended or waived except by an instrument in writing signed
      by
      the Company and Laurus. This letter may be executed in any number of
      counterparts, each of which shall be an original and all of which, when taken
      together, shall constitute one agreement. Delivery of an executed signature
      page
      of this letter by facsimile transmission shall be effective as delivery of
      a
      manually executed counterpart hereof or thereof, as the case may be. This letter
      shall be governed by, and construed in accordance with, the laws of the State
      of
      New York. This letter sets forth the entire agreement between the parties hereto
      as to the matters set forth herein and supersede and replace all prior
      communications, written or oral, with respect to the matters herein (including,
      without limitation, that certain Overadvance Letter, dated March 29, 2005,
      by
      and among the Company and Laurus, as amended). The Company hereby agrees to
      file
      an 8-K with the Securities and Exchange Commission disclosing the transactions
      set forth in this Amendment as soon as practicable, but no later than February
      10, 2006

     

    If
      the
      foregoing meets with your approval please signify your acceptance of the terms
      hereof by signing below. 

     

    

      
        	 	
                LAURUS
                  MASTER FUND, LTD.

              
	 	 
	 	
                By:

              	 	/s/
                David Grin
	 	
                David
                  Grin

              
	 	
                Director

              

      

    

     

    
      
        
          	
                  Agreed
                    and accepted on the date hereof

                
	 
	
                  HOUSE
                    OF BRUSSELS CHOCOLATES INC.

                
	 
	
                  By:

                	/s/
                  Grant Petersen	 
	 	
                  Name:
                    Grant Petersen

                
	 	
                   
                    Title: CEO

                
	 
	
                  HOUSE
                    OF BRUSSELS HOLDINGS LTD.

                
	 
	
                  By:

                	/s/
                  Grant Petersen	 
	 	
                  Name:
                    Grant Petersen

                
	 	
                   
                    Title: CEO

                
	 
	
                  BRUSSELS
                    CHOCOLATES LTD.

                
	 
	
                  By:

                	/s/
                  Grant Petersen	 
	 	
                  Name:
                    Grant Petersen

                
	 	
                   
                    Title: CEO

                
	 

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          
            	
                    HOUSE
                      OF BRUSSELS CHOCOLATES (USA) LTD.

                  
	 
	
                    By:

                  	/s/
                    Grant Petersen	 
	 	
                    Name:
                      Grant Petersen

                  
	 	
                     
                      Title: CEO

                  
	 
	
                    DEBAS
                      CHOCOLATE INC.

                  
	 
	
                    By:

                  	/s/
                    Grant Petersen	 
	 	
                    Name:
                      Grant Petersen

                  
	 	
                     
                      Title: Chairman

                  
	 
	 
	
                    CHOCOMED,
                      INC.

                  
	 
	
                    By:

                  	/s/
                    Grant Petersen	 
	 	
                    Name:
                      Grant Petersen

                  
	 	
                     
                      Title: ChairmanUnassociated Document

    EXHIBIT
      10.1

     

    MANAGEMENT
      AGREEMENT

    

    THIS
      AGREEMENT is effective
      as of
      the 1st
      day of May, 2005 (the “Effective
      Date”).

    

    BETWEEN:

    

    I.Q.
      MICRO INC.
      (formerly IQ
      Medical
      Corp.), a company duly incorporated
      pursuant to the
      laws
      of the state of Colorado, having an
      office
      at 500 Australian
      Avenue, Suite 700, West Palm
      Beach, Florida, U.S.A., 33401.

    

    (hereinafter
      referred to as the “Company”)

    

    OF
      THE FIRST PART

    

    AND:

    

    D.P.
      MARTIN & ASSOCIATES INC.,
      a
      company duly incorporated pursuant to the laws of the state of Florida, having
      an office at 500 Australian Avenue, Suite 700, West Palm Beach, Florida, U.S.A.,
      33401.

    

    (hereinafter
      referred to as the “Manager”)

    

    OF
      THE SECOND PART

    

    RECITALS

    

    WHEREAS
      the
      Company is a publicly traded corporation in the United States and the major
      shareholder of the Company is another Florida incorporated company, Osmotex
      (USA) Inc. which in turn is a wholly-owned subsidiary of a privately held
      corporation in Norway, Osmotex A/S, (“Osmotex”).

    

    WHEREAS
      the
      registered bead office of the Company is in the State of Florida. there are
      two
      operating divisions, one in West Palm Beach, Florida and the second in Horten,
      Norway;

    

    WHEREAS
      the
      Manager is a financial advisory firm that provides early stage public companies
      with various forms of assistance including financial management services. An
      employee of the Manager, Robert Rudman (“Rudman”) is a Canadian Chartered
      Accountant with extensive work experience involving financial services offered
      to early stage public companies in both Canada and the United
      States.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    WHEREAS
      the
      shareholders of Osmotex have requested the assistance of the Manager and in
      particular, of Rudman in providing certain management services to the Company
      as
      hereinafter described, and;

    

    WHEREAS
      the
      Manager has agreed, to accept the engagement and to assign Rudman in
      the task
      of
      providing such assistance and services to the Company in accordance with the
      terms and conditions herein set forth,

    

    NOW,
      THEREFORE,
      in
      consideration of the foregoing recitals and the mutual covenants set forth
      below, the parties hereto agree as follows:

     

    1.    DUTIES
      AND DEVOTION OF TIME

    

    1.1.    Duties.
      During
      the term of this Agreement the Manager shall be responsible for the duties
      contained in Schedule “A” attached hereto and incorporated herein by this
      reference (the “Duties”).

    

    1.2.    Devotion
      of Time.
      The
      parties hereto acknowledge and agree that the work of
      the
      Manager is and shall be of such a nature that regular business hours will not
      apply to his Duties. The Manager agrees that the consideration set forth herein
      shall be in fill and. complete satisfaction for such work and services,
      regardless of when and where such work and services are performed. The Company
      agrees that so long as the Manager properly discharges his duties hereunder,
      the
      Manager may devote the remainder of his time and attention to other
      non-competing business and personal pursuits.

    

    1.3.    Business
      Opportunities the Property of the Company.
      The
      Manager agrees to communicate immediately to the Company all business
      opportunities, inventions and improvements in the nature of the business of
      the
      Company which, during the term of this Agreement, the Manager may conceive,
      make
      or discover, become aware of, directly or indirectly, or have presented to
      him
      in any manner which relates in
      any
      way to the Company, either as it is now or as it may develop, and such
      business opportunities,
      inventions or improvements shall become the exclusive property of the Company
      without any
      obligation on the part of the Company to make any
      payments in addition to the management fee to the Manager.

    

    1.4.    No
      Personal Use.
      The
      Manager shall not use any of the work the Manager shall perform for the Company
      for any personal
      purposes without first obtaining the prior written consent of the
      Company.

     

    
      	
              2.

            	
              RELOCATION
                EXPENSES

            

    

    

    2.1.    Relocation
      of Rudman.
      It is
      understood and agreed by Rudman that in order for the Manager to properly
      fulfill his Duties
      to
      the Company, Rudman must relocate his domicile from Canada to the State of
      Florida. Rudman agrees to complete this relocation as soon as possible but
      no
      later than June 30, 2005. The Company agrees to reimburse the Manager for
      expenses incurred in relocating Rudman from Canada to the State of Florida
      to
      the maximum limit of ten thousand
      dollars, ($l0,000.00) U.S.

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    
      	
              3.

            	
              MANAGEMENT
                FEES AND INCENTIVE STOCK
                OPTIONS

            

    

    

    3.1.    Management
      Fees.
      In
      consideration of Rudman on behalf of the Manager providing the services referred
      to in the attached Schedule “A” the Company agrees to pay the Manager a monthly
      management fee (the “Monthly Management Fee”) of ten thousand dollars,
      ($l0,000.00) U.S. Furthermore, the Manager agrees to pay this monthly
      fee to Rudman as a salary less required payroll deductions.

    

    3.2.    Incentive
      Stock Options.
      As a
      condition of this Agreement and to form part of this Agreement as attached
      Schedule “C”, Rudman will be offered and will accept participation in an
      incentive stock option plan that will provide him with the opportunity to
      purchase either existing or new shares in the Company on terms acceptable to
      Rudman.

    

    
      	
              4.

            	
              REIMBURSEMENT
                OF EXPENSES

            

    

    

    4.1.    Reimbursement
      of Expenses.
      The
      Manager and/or Rudman shall be reimbursed for all reasonable out-of-pocket
      expenses incurred in or about the execution of the Duties contained herein,
      including without limiting the generality of the foregoing, all reasonable
      travel expenses payable or incurred by the Manager and for Rudman in connection
      with the Duties under this Agreement.

    

    
      	
              5.

            	
              CONFIDENTIAL
                INFORMATION

            

    

    

    5.1.    Confidential
      Information.
      The
      Manager shall not either during the term of this Agreement or under the
      provisions of Section 5.3,
      without
      specific consent in writing, disclose or reveal in any manner whatsoever to
      any
      other person, firm or corporation, nor will be use, directly or indirectly,
      for
      any purpose other than the purposes of the Company, the private affairs of
      the
      company or any confidential information which he may acquire during the term
      of
      this Agreement with relation to the business and affairs of the directors and
      shareholders of the Company, unless the Manager is ordered to do so by a court
      of competent jurisdiction or unless required by any statutory
      authority.

    

    5.2.    Non-Disclosure
      Provisions.
      The
      foregoing provision shall be subject to the further non-disclosure provisions
      contained in Schedule “B” attached hereto and incorporated hereinafter by this
      reference.

    

    5.3.    Provisions
      Survive Termination.
      The
      provisions of this section shall survive the termination of this Agreement
      for a
      period of three years.

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    

    
      	
              6.

            	
              TERM

            

    

    

    6.1.    Term.
      This
      Agreement shall remain in effect until terminated in accordance with any of
      the
      provisions contained in this Agreement.

     

    
      	
              7.

            	
              TERMINATION

            

    

    

    7.1.    Termination
      by Manager.
      Notwithstanding any other provision contained herein, the parties hereto agree
      that the Manager may terminate this Agreement, with or without cause, by giving
      ninety (90) days written notice of such intention to terminate.

    

    7.2.    Resignation
      or Cessation of Duties.
      In the
      event that the Manager ceases to perform all of the Duties contained herein,
      other then by reason of Rudman’s death or disability, or if Rudman resigns
      unilaterally and on his own initiative from all of his positions this Agreement
      shall be deemed to be terminated by the Manager as of the date of such cessation
      of Duties or such resignation, and the Company shall have no further obligations
      under Section 3 hereof.

    

    7.3.    Termination
      by Company.
      The
      Company may terminate this Agreement at any time for just cause without further
      obligation. In the event of termination for any reason other than for just
      cause
      within eight (8) months of the effective date of this Agreement, the Company
      will continue to pay the management fee under Clause 2.1 until December 31,
      2005. In the event of termination for any reason other than for just cause
      after
      December 31, 2005, the Company will continue to pay the management fee for
      three
      (3) additional months. Any stock options that have been granted but that have
      not yet vested shall immediately vest at the date of the final payment, and
      may
      be exercised for a period of 30 days only after the final payment.

    

    7.4.    Death.
      In the
      event
      of the death of Rudman during the term of this Agreement, this Agreement shall
      be terminated as of the date of such death, and Rudman’s spouse, if living, or
      surviving children shall be entitled to the termination allowance stated in
      Section 7.3 hereof.

    

    7.5.    Disability.
      In the
      event that Rudman will during the term of this Agreement by reason of illness
      or
      mental or physical disability or incapacity be prevented from or incapable
      of
      performing the Duties hereunder, then the Manager shall be entitled to receive
      the remuneration provided for herein at the rate specified hereinbefore for
      the
      period during which such illness, disability or incapacity will continue, but
      not exceeding three (3) successive months. If such illness, disability or
      incapacity continues or will continue for a period longer than three (3)
      successive months, then this Agreement may, at the option of the Directors
      of
      the Company, forthwith be terminated, and the Manager shall be entitled to
      the
      termination allowance stated in Section 7.3 hereof.

    

    7.6.    Termination
      of Payments.
      Any
      payments made by the Company to the Manager upon the termination of this
      Agreement shall be made in cash, or, if the Company does not have available
      funds, in equal monthly cash installments over one year. All payments required
      to be made by the Company to the Manager pursuant to Section 7 hereof shall
      be
      made in full.

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

     

    
      	
              8.

            	
              RIGHTS
                AND OBLIGATIONS UPON
                TERMINATION

            

    

    

    8.1.    Rights
      and Obligations.
      Upon
      termination of this Agreement, the Manager shall deliver up to the Company
      all
      documents, papers, plans, materials and other property of or relating to the
      affairs of the Company, other than the Manager’s personal papers in regard to
      his role in the Company, which may then be in the Manager’s possession or under
      his control.

    

    
      	
              9.

            	
              CLOSING

            

    

    

    9.1.    Closing
      Date.
      This
      Agreement shall be effective as of May 1, 2005.

    

    9.2.    Conditions
      of Closing.
      The
      parties hereto agree that it shall be a condition of the execution
      of this
      Agreement that prior to or contemporaneously with the execution of this
      Agreement:

    

    
      	 	
              (a)

            	
              this
                Agreement shall be approved by the Chief Executive Officer of the
                Company.

            

    

     

    
      	
              10.

            	
              NOTICES
                AND REQUESTS 

            

    

    

    10.1.    Notices
      and Requests.
      All
      notices and requests in connection with this
      Agreement shall be deemed given as of the day they are received either by
      messenger,
      delivery
      service, or mailed by registered or certified mail with postage prepaid and
      return receipt requested and addressed as follows:

    

    
      	 	
              (a)

            	
              If
                to the Company, the registered office in the State of
                Florida.

            

    

    
      	 	
              (b)

            	
              If
                to the Manager, the office address in the Stare of
                Florida.

            

    

    

    or
      to
      such other address as the party to receive notice or request so designates
      by
      written notice to the others.

    

    
      	
              11.

            	
              INDEPENDENT
                PARTIES

            

    

    

    11.1.    Independent
      Parties.
      This
      Agreement is intended solely as a management services agreement and no
      partnerships agency, joint venture, distributorship or other form of
      agreement is intended.

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    

    
      	
              12.

            	
              AGREEMENT
                VOLUNTARY AND
                EQUITABLE

            

    

    

    12.1.    Agreement
      Voluntary.
      The
      parties acknowledge and declare that in executing this Agreement they are each
      relying wholly on their own judgment and knowledge and have not been influenced
      to any extent whatsoever by any representations or statements made by or on
      behalf of any other party regarding any
      matters dealt with herein or incidental thereto.

    

    12.2.    Agreement
      Equitable.
      The
      parties further acknowledge and declare that they each have carefully considered
      and understand the provisions contained herein, including, but without limiting
      the generality of the foregoing,
      the Manager’s rights upon termination and the restrictions on the Manages after
      termination and agree That the said provisions are mutually fair and equitable
      and that they executed this Agreement voluntarily and of their own free
      will.

    

    
      	
              13.

            	
              CONTRACT
                NON-ASSIGNABLE;
                INUREMENT

            

    

    

    13.1.    Contract
      Non-Assignable.
      This
      Agreement and all other rights, benefits and privileges contained herein may
      not
      be assigned by the Manager

    

    13.2.    Inurement.
      The
      rights, benefits and privileges contained herein, including without limitation
      the benefits of Sections 3 and
      7
      hereof, shall inure to the benefit of and be binding upon the respective parties
      hereto, their heirs, executors, administrators and successors.

    

    
      	
              14.

            	
              ENTIRE
                AGREEMENT

            

    

    

    14.1.    Entire
      Agreement.
      This
      Agreement represents the entire Agreement between the parties and supersedes
      any and
      all
      prior agreements and understandings, whether written or oral, among the parties.
      The Manager acknowledges that he was not induced to enter into this Agreement
      by
      any representation, warranty, promise or other statement, except as contained
      herein.

    

    14.2.    Previous
      Agreements Cancelled.
      Save
      and except for the express provisions of this Agreement, any and all previous
      agreements, written or oral, between the parties hereto or on their behalf
      relating to the services of the Manager for the Company are
      hereby terminated and cancelled and each of the parties hereby releases and
      further discharges the other of and from all manner of actions, causes of
      action, claims and demands whatsoever under or in respect of any such
      agreements.

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

     

    
      	
              15.

            	
              WAIVER

            

    

    

    15.1.    Waiver.
      No
      consent or waiver, express or implied, by either party to or of any breach
      or
      default by the other party in the performance by the other of its or his
      obligations herein shall be deemed or construed to be a consent or waiver to
      or
      of any breach or default of the same or any other obligation of such party.
      Failure on the part of either party to complain of any act or failure to act;
      or
      to declare the other party in default irrespective of how long such failure
      continues, shall trot constitute a waiver by such party of its or his rights
      herein or of the right to then or subsequently declare a
      default.

    

    
      	
              16.

            	
              SEVERABILITY

            

    

    

    16.1.    Severability.
      If any
      prevision contained herein is determined to be void or unenforceable in whole
      or
      in part, it is to that exent deemed omitted. The remaining provisions shall
      not
      be affected in any way.

    

    
      	
              17.

            	
              AMENDMENT

            

    

    

    17.1.    Amendment.
      This
      Agreement shall not be amended or otherwise modified except by a written notice
      of even date herewith or subsequent hereto signed by both
      parties.

    

    
      	
              18.

            	
              HEADINGS

            

    

    

    18.1.    Headings.
      The
      headings of the sections and subsections herein are for convenience only and
      shall not control or affect the meaning or construction of any provisions of
      this Agreement.

    

    
      	
              19.

            	
              GOVERNING
                LAW

            

    

    

    19.1.    Governing
      Law.
      This
      Agreement shall be construed under and governed by the laws of the Province
      of
      British Columbia and the laws of Canada applicable therein.

    

    
      	
              20.

            	
              EXECUTION

            

    

    

    20.1.    Execution
      in Several Counterparts.
      This
      Agreement may be executed by facsimile and in several counterparts, each of
      which shall be deemed to be an original and all of which shall together
      constitute one and the same instrument.

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF,
      the
      parties hereto have executed this Agreement as of the 6th
      day of
      January, 2006.

     

    
      
        	
                THE
                  COMPANY

              	 	 	 	 
	 	 	 	 	 	 
	
                Per:

              	
                /s/
                  Johnny Christiansen

              	 	 	 	 
	 	
                Authorized
                  Signatory

              	 	 	 	 
	 	 	 	 	 	 
	
                Name:

              	
                Johnny
                  Christiansen

              	 	 	 	 
	 	 	 	 	 	 
	
                Title:

              	
                Chief
                  Executive Officer

              	 	 	 	 
	 	 	 	 	 	 
	
                SIGNED
                  by ROBERT
                  RUDMAN

              	 	
                )

              	 	 
	
                in
                  the presence of:

              	 	
                )

              	 	 
	 	 	
                )

              	 	 
	
                Douglas
                  P. Martin

              	 	
                )

              	 	 
	
                Name

              	 	
                )

              	 	 
	
                1480
                  Breakers West Blvd.

              	 	
                )

              	
                /s/
                  Robert Rudman

              	 
	
                West
                  Palm Beach, FL 33411

              	 	
                )

              	
                ROBERT
                  RUDMAN

              	 
	
                Management
                  Consultant

              	 	
                )

              	 	 
	
                Occupation

              	 	
                )

              	 	 

      

    

    

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
      “A”

    

    MANAGER’S
      DUTIES

    

    

    1.    While
      employed by the Manager, Rudman shall be appointed as the Chief Financial
      Officer of the Company and shall faithfully, honestly and diligently serve
      the
      Company and its subsidiary.

    

    2.    Rudman
      shall create value for the shareholders by managing the financial interests
      of
      the Company by professionally performing the functions of Chief Financial
      Officer.

    

    3.    Rudman
      shall be responsible for managing the corporate capital and assuring that the
      capital is used efficiently. Rudman shall be responsible for leading the
      financial policy making and contributing to corporate planning for the
      Company.

    

    4.    Rudman
      shall report to the Chief Executive Officer of the Company and he may be
      appointed to additional responsibilities as deemed appropriate by the Chief
      Executive Officer of the Company.

    

    5.    Rudman’s
      responsibilities shall includes, but not limited to, the following:

    

    
      	 	
              •

            	
              Management
                of cash and investments

            

    

    
      	 	
              •

            	
              Budgeting,
                financial and management reporting

            

    

    
      	 	
              •

            	
              Compliance
                with all government and regulatory compliance
                issues

            

    

    
      	 	
              •

            	
              Interaction
                with professional advisors including lawyers and
                auditors

            

    

    
      	 	
              •

            	
              Structuring
                and managing investor and public relations
                program

            

    

    
      	 	
              •

            	
              All
                forms of tax compliance, reporting and
                planning

            

    

    
      	 	
              •

            	
              Negotiating
                all aspects of bank financing

            

    

    
      	 	
              •

            	
              Legal
                and contract affairs including lease
                matters

            

    

    
      	 	
              •

            	
              Credit
                management

            

    

    
      	 	
              •

            	
              Insurance
                and risk management relating to the Officers, Directors and the
                business

            

    

    
      
        
        

      

      
        -9-

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
      “B”

    

    NON-DISCLOSURE
      PROVISIONS

    

    
      	 	
              1.

            	
              CONFIDENTIAL
                INFORMATION AND MATERIALS

            

    

    

    (a)
      “Confidential information” shall mean, for the purposes of this Agreement,
      non-public information which the Company designates as being confidential or
      which, under the circumstances surrounding disclosure ought reasonably to be
      treated as confidential. Confidential Information includes, without limitation,
      information, whether written, oral or communicated by any other means, relating
      to released or unreleased Company software or hardware products, the marketing
      or promotion of any product of the Company, the Company’s business policies or
      practices, and information received from others which the Company is obliged
      to
      treat as confidential. Confidential Information disclosed to the Manager by
      any
      subsidiary and/or agents of the Company is covered by this
      Agreement.

    

    (b)
      Confidential Information shall not include that information defined as
      Confidential Information hereinabove which the Manager can exclusively
      establish:

    

    (i)
      is or
      subsequently becomes publicly available without breach of any obligation of
      confidentiality owed to the Company;

    

    (ii)
      became known to the Manager prior to disclosure by the Company to the
      Manager;

    

    (iii)
      became known to the Manager from a source other than the Company other than
      by
      the breach of any obligations of confidentiality owed to the Company;
      or

    

    (iv)
      is
      independently developed by the Manager.

    

    (c)
      Confidential Materials shall include all tangible materials containing
      Confidential Information, including, without limitation, written or printed
      documents and computer disks or tapes, whether machine or user
      readable.

    

    
      	 	
              2.

            	
              RESTRICTIONS

            

    

    

    (a)
      The
      Manager shall not disclose any Confidential information to
      third
      parties for a period of three (3) years following the termination of this
      Agreement, except as provided herein. However, the Manager may disclose
      Confidential Information during bona fide execution of the Duties or in
      accordance with judicial or other governmental order, provided that the Manager
      shall give reasonable notice to the Company prior to such disclosure and shall
      comply with any applicable protective order or equivalent.

    

    
      
        
        

      

      
        -10-

        
          

        

      

      
        
        

      

    

    (b)
      The
      Manager shall take reasonable security precautions, at least as great as the
      precautions he takes to protect his own confidential information to keep
      confidential the Confidential Information, as defined hereinabove.

    

    (c)
      Confidential Information and Materials may be disclosed reproduced, summarized
      or distributed only in pursuance of the business relationship of the Manager
      with the Company, and only as provided hereunder.

    

    
      	 	
              3.

            	
              RIGHTS
                AND REMEDIES

            

    

    

    (a)
      The
      Manager shall notify the Company immediately upon discovery of any unauthorized
      use or disclosure of Confidential Information or Materials, or any other breach
      of this Agreement by the Manager, and shall co-operate with the Company in
      every
      reasonable manner to aid the Company to regain possession of said Confidential
      Information or Materials and prevent all such further unauthorized
      use.

    

    (b)
      The
      Manager shall return all originals, copies, reproductions and summaries of
      or
      relating to the Confidential Information at the request of the Company or,
      at
      the option of the Company, certify destruction of the same.

    

    (c)
      The
      parties hereto recognize that a breach by the Manager of any of the provisions
      contained herein would result in damages to the Company and that the Company
      could nor be compensated adequately for such damages by monetary award.
      Accordingly, the Manager agrees that in the event of any such
      breach, in addition to all other remedies available to the Company at law or
      in
      equity, the Company shall be entitled as a matter of right to apply to a court
      of competent jurisdiction for such relief by way of restraining
      order, injunction, decree or otherwise, as may be appropriate to ensure
      compliance with the provisions of this Agreement.

    

    
      	 	
              4.

            	
              MISCELLANEOUS

            

    

    

    (a)
      All
      Confidential Information and Materials are and shall remain the property of
      the
      Company. By disclosing information to the Manager, the Company does not grant
      any express or implied right to the Manager to or under any and all patents,
      copyrights, trademarks, or trade secret information belonging to the
      Company.

    

    (b)
      All
      obligations created herein shall survive change or termination
      of any and all business relationships between the parties for a period of three
      years after such termination.

    

    (c)
      The
      Company may from
      time
      to time request suggestions, feedback or other information from the Manager
      on
      Confidential Information or on released or unreleased software belonging to
      the
      Company. Any suggestions, feedback or other disclosures made by the Manager
      are
      and shall be entirely voluntary on the part of the Manager and shall not create
      any obligations on the part of the Company or a confidential agreement between
      the Manager and the Company. Instead, the Company shall be free to disclose
      and
      use any suggestions, feedback or other information from the
      Manager as the Company sees fit, entirely without obligation of any
      kind
      whatsoever to the Manager.

    
      
        
        

      

      
        -11-

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
      “C”

    

    INCENTIVE
      STOCK OPTIONS

    

    

    

    

    
      
        
        

      

      -12-

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