Document:

EXHIBIT 10.24

COLLATERAL ASSIGNMENT AND SECURITY AGREEMENT IN PATENTS

          This COLLATERAL ASSIGNMENT AND SECURITY AGREEMENT IN PATENTS, dated as of June 8, 2006, is between Brightec S.A., formerly known as Lumitech, S.A., a Switzerland corporation having an address at 36 Avenue Cardinal Tiermillod, Carouge, Switzerland (the “Grantor”) and. Ross/Fialkow Capital Partners LLP, as Trustee of Brightec Capital Trust, a Massachusetts nominee trust under declaration of trust dated June 8, 2006 with a place of business at 38 Glen Avenue, Newton, Massachusetts 02459 (“Lender”).

WITNESSETH

          WHEREAS, the Grantor has guaranteed the obligations of Advanced Lumitech, Inc., a Nevada corporation (the “Borrower”) to Lender pursuant to a certain Corporate Guaranty dated of even date herewith (the “Guaranty”).

          WHEREAS, the Grantor has agreed to enter into this Agreement to secure Grantor’s obligations under the Guaranty; and

          WHEREAS, the Grantor is the owner of the entire right, title and interest in, to and under the patents and all United States patent registrations and pending patent applications therefor listed on Schedule 1 hereto; and all patents, reissues, re-examinations and rights to use patents hereafter acquired, continuations, partial continuations, divisions, and registrations thereof and applications therefore (“Patents”), including (i) all present or future proprietary rights and goodwill of the business connected with the use of and symbolized by the use of the Patents; (ii) all rights to damages or profits and the right to sue or otherwise recover for any and all past, present and future infringements and misappropriations of the Patents; (iii) all income, royalties, damages and other payments now or hereafter due and/or payable with respect thereto; including, without limitation, payments
under all agreements and contracts entered into in connection therewith, and damages and payments for past or future infringements thereof, and (iv) all rights of Grantor corresponding thereto throughout the world and all other rights of any kind whatsoever of Grantor accruing thereunder or pertaining to the Patents, including all “Patent Licenses,” which shall mean, with respect to the Grantor, all agreements and contracts, including but not limited to license agreements, distribution agreements, merchandising agreements, option agreements and marketing agreements and a grant of any rights, directly or indirectly, with any other Person in connection with or referring to, in whole or in part, any of the Patents, now owned or hereafter acquired, throughout the world, all as listed on Schedule 2 hereto.

          1.          Grant
of Security Interest. To secure the complete and timely payment when due and
satisfaction  of the  Guaranteed  Obligations,  as such term is  defined  in the
Guaranty, the Grantor hereby grants, assigns and conveys to Lender as collateral
security the Grantor’s entire right, title and interest in, to and under to
the  Patents  and  Patent  Licenses,  and all  proprietary  rights in and to all
products  and  proceeds  related  thereto,  now owned or existing or at any time
hereafter acquired by the Grantor or in which the Grantor now has or any time in
the  future  may  acquire  any  right,  title or  interest,  including,  without
limitation,  each  registration,  application  and  proprietary  right listed on
Schedule 1 attached  hereto and made a part  hereof,  the right to sue for past,
present  and future  infringements  and all rights  corresponding  (referred  to
collectively     as     the     “Patents     and     Patent     Licenses
Collateral”).

          2.          Collateral Assignments of Patents and Patent Licenses. In addition to all other rights granted to the Lender under the Guaranty and this Agreement, effective only upon the event of termination and an acceleration of the Guaranteed Obligations under the Guaranty, the Grantor hereby sells, assigns, transfers and sets over to the Lender, for collateral purposes only, the Grantor’s entire right, title and interest in and to all Patents and all assignable rights of the Grantor under each of the Patent Licenses.

          3.          Representations and Warranties. The Grantor represents and warrants that:

                       (a)          The Patents and Patent Licenses are valid and subsisting and in good standing

                       (b)          Each of the Patents was created and first published in the United States;

                       (c)          Grantor does not own any patent that is registered with the United States Patent Office, other than each of the Patents listed in Schedule 1;

                       (d)          Grantor is not a party to, or an assignee of a party to, any patent license other than each of the Patent Licenses listed in Schedule 2;

                       (e)          Grantor is the sole and exclusive owner of the entire right, title and interest in,

                       (f)          under and to, free and clear of any liens, charges and encumbrances, each of the Patents, and all United States patent registrations and applications therefor, identified on Schedule 1; and the Patent Licenses identified on Schedule 2;

                       (g)          Grantor has good and marketable title to, free and clear of all clear of any liens, charges and encumbrances, all Patents and all United States Patent registrations and applications therefor, identified on Schedule 1, and Patent Licenses identified on Schedule 2;

                       (h)          To the knowledge of the Grantor, no claim has been made that the use of any of the Patents and/or Patent Licenses does or may violate the rights of any third person;

                       (i)          The Patents listed in Schedule 1 and the Patent Licenses listed in Schedule 2, have not been found to be infringing the rights of other parties or adjudged invalid or unenforceable, in whole or in part by any court of competent jurisdiction; nor has any holding, decision or judgment been rendered by any Governmental Authority which would limit, cancel or question the validity, registrability or enforceability of any of the Patents and/or Patent Licenses throughout the world;

                       (j)          No action or proceeding is pending (i) seeking to limit, cancel or question the validity of any of the Patents and/or Patent Licenses throughout the world or (ii) which, if adversely determined, would be reasonably likely to have a material adverse effect on the value of any such Patents and/or Patent Licenses throughout the world;

                       (k)          Grantor has not received any written threats of action and has not commenced and does not currently intend to commence any suit or action against others in connection with the violation of enforcement of its rights in any of the Patents and/or Patent Licenses;

                       (l)          Grantor has the unqualified right and power to enter into this Agreement and perform its terms and has entered and will enter into written agreements as necessary with each of its present and future employees, agents and consultants that will enable it to comply with the covenants herein contained;

                       (m)          The registrations in connection with the Patents listed in Schedule 1 have been duly and properly issued;

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                       (n)          Grantor is neither in default, in violation of (or would be in violation with notice or lapse of time, or both) nor has otherwise materially breached any of the Patent Licenses including, without limitation, whether or not such default has been waived, and Grantor has received no notice of any default or violation of any of the Patent Licenses;

                       (o)          There are no unresolved material disputes under any of the Patent Licenses;

                       (p)          There are no unresolved material disputes relating to or in connection with any of the Patents;

                       (q)          Grantor has not granted any release, covenant not to sue, or non-assertion assurance to any Person with respect to any of the Patents and/or Patent Licenses;

                       (r)          Grantor hereby agrees not to divest itself of any right with respect to the Patents and/or Patent Licenses absent prior written approval of the Lender, other than pursuant to license or sublicense agreements made in the ordinary course of business; and

                       (s)          The Grantor agrees, promptly upon learning thereof, to notify the Lender in writing of the name and address of, and to furnish such pertinent information that may be available with respect to, any party who may be infringing or otherwise violating any of the Grantor’s rights in, to and under any of the Patents and/or Patent Licenses, or with respect to any party claiming that the Grantor’s use of any of the Patents and/or Patent Licenses violate any property right of that party. The Grantor further agrees, if directed by the Lender, diligently to prosecute any Person infringing any of the Patents and/or Patent Licenses. In the event that the Borrower refuses or fails to pursue such claim for infringement, the Lender may, but shall not be obligat

ed, to pursue such action.

          4.          Further Assurances.

                       (a)          The Grantor shall execute and deliver to the Lender or a short form Notice of Security Interest in Patents in form satisfactory to the Lender, which shall be recorded in United States Patent Office and any other appropriate government offices to perfect the security interests granted herein,

                       (b)          The Grantor shall execute any and all additional documents reasonably required and/or requested by the Lender in connection with the Patents and Patent Licenses to effectuate the security interests granted hereunder; and

                       (c)          The Grantor hereby grants the Lender an absolute power of attorney to sign, upon the occurrence and during the continuance of an Event of Default, a such term is defined in Lender’s Loan and Security Agreement with the Borrower of even date herewith, any document which may be required by the United States Patent Office or secretary of state or equivalent governmental agency of any state of the United States or in any foreign jurisdiction in order to effect an absolute assignment of all right, title and interest in each Patent and Patent License, and record the same.

          5.          Other Patents. Within 30 days of (i) acquisition of a new patent or Patent License, or (ii) of filing of an application to register a patent, the Grantor shall deliver to the Lender a copy of the document of transfer or license with respect to such patent or a copy of the registration application and/or of the receipt issued by the United States Patent Office with respect thereto, said patent, as the case may be, with a grant of security as to such patent, as the case may be, confirming the grant thereof hereunder, the form of such confirmatory grant to be substantially the same as the form hereof and the Notice of Security Interest delivered pursuant to Paragraph 6.

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          6.          Other Patent Licenses. Within 30 days of the Grantor becoming a party to a Patent License, the Grantor shall deliver to the Lender a copy of said Patent License, as the case may be, with a grant of security as to such Patent License, as the case may be, confirming the grant thereof hereunder, the form of such confirmatory grant to be substantially the same as the form hereof and the Notice of Security Interest in Patents delivered pursuant to Paragraph 6.

          7.          Remedies.

          (a)          If an Event of Default shall have occurred and be continuing following thirty (30) days
 written notice form Lender to Grantor of such default, the Lender shall thereafter have the following rights and remedies (to the extent permitted by applicable law) in addition to the rights and remedies of a Lender under the Uniform Commercial Code of Massachusetts, all such rights and remedies being cumulative, not exclusive, and enforceable alternatively, successively or concurrently, at such time or times as the Lender deems expedient:

                                      (i)          if the Lender so elects and gives notice of such election to the Grantor, the Lender may cause the Patents and Patent Licenses to be transferred into its name or the name of its nominee or nominees for any lawful purpose and otherwise act with respect thereto as though it were the outright owner thereof (the Grantor hereby irrevocably constituting and appointing the Lender the proxy and attorney-in-fact of the Grantor, with full power of substitution, to do so);

                                      (ii)         the Lender may demand, sue for, collect or make any compromise. or settlement the Lender deems suitable in respect of any Patents or Patent Licenses, and may receive and collect and payments, royalties, license fees or other revenues due or to become due under the Patent Licenses;

                                      (iii)        the Lender may sell, resell, assign and deliver, or otherwise dispose of any or all of the Patents or Patent Licenses, for cash or credit or both and upon such terms at such place or places, at such time or times and to such entities or other persons as the Lender thinks expedient, upon such notice as expressly provided herein;

                       (b)          In the event of any proposed disposition of the Patents or Patent Licenses as provided in clause (iii) of Paragraph 9(a) Lender shall give to the Grantor at least ten business days prior written notice of the time and place of any public sale of the Patents or Patent Licenses or of the time after which any private sale or any other intended disposition is to be made. The Grantor hereby acknowledges that ten business day’s prior written notice of such sale or sales shall be reasonable notice. The Lender may enforce its rights hereunder without any other notice and without compliance with any other condition precedent now or hereunder imposed by statute, rule of law or otherwise (all of which are hereby expressly waived by the Grantor, to the fullest extent
permitted by law). The Lender may buy any part or all of the Patents or Patent Licenses at any public sale. The Lender may apply the cash proceeds actually received from any sale or other disposition to the reasonable expenses of retaking, holding, preparing for sale, selling and the like, to reasonable attorneys fees, travel and all other expenses which may be incurred by the Lender in attempting to collect the Guaranteed Obligations or to enforce this Agreement or in the prosecution or defense of any action or proceeding related to the subject matter of this Agreement, and then to the Guaranteed Obligations in the order set forth in such order or preference as the Lender may determine after proper allowance for Guaranteed Obligations not then due.

          8.          Marshaling.  The Lender shall not be required to marshal any present or future security for (including but not limited to this Agreement), or other assurances of payment of, the Guaranteed Obligations or any of them, or to resort to such security or other assurances of payment in any particular order. All of the Lenders rights hereunder and in respect of such security and other assurances of payment 

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shall be cumulative and in addition to all other rights, however existing or arising. To the extent that it lawfully may, the Grantor hereby agrees that it will not invoke any law relating to the marshaling of collateral that might cause delay in or impede the enforcement of the Lender’s rights under this Agreement or under any other instrument evidencing any of the Guaranteed Obligations or under which any of the Guaranteed Obligations is outstanding or by which any of the Guaranteed Obligations is secured or payment thereof is otherwise assured, and to the extent that it lawfully may, the Grantor hereby irrevocably waives the benefits of all such laws.

          9.          Grantor’s Guaranteed Obligations Not Affected.  The obligations of the Grantor hereunder shall remain in full force and effect without regard to, and shall not be impaired by (a) any exercise or non-exercise, or any waiver, by the Lender of any right, remedy, power or privilege under or in respect of any of the Guaranteed Obligations or any security thereof (including this Agreement (b) any amendment to or modification of any instrument (other than this Agreement) securing any of the Guaranteed Obligations (c) the taking of additional security for, or any other assurances of payment of, any of the Secured Obligations or the release or discharge or termination of any security or other assurances of payment or performance for any of the Guaranteed Obligations, whether or not the Grantor shall have notice or knowledge of any of
the foregoing.

          10.        Transfer. Etc., by Grantor.  Without the prior written consent of the Lender, the Grantor will not sell, assign, transfer or otherwise dispose of, grant any option with respect to, or pledge or grant any security interest in or otherwise encumber or restrict any of the Stock Collateral or any interest therein, except for the pledge thereof and security interest therein provided for in this Agreement.

          11.        Further Assurances.  The Grantor will do all such acts, and will furnish to the Lender all such financing statements, certificates, legal opinions and other documents and will obtain all such governmental consents and corporate approvals and will do or cause to be done all such other things as the Lender may reasonably request from time to time in order to give full effect to this Agreement and to secure the rights of the Lender hereunder, all without any cost or expense to the Lender. If the Lender so elects, a photocopy of this Agreement may at any time and from time to time be filed by the Lender as a financing statement in any recording office in any jurisdiction.

          12.        Lender’s Exoneration. Under no circumstances shall the Lender be deemed to assume any responsibility for or obligation or duty with respect to any part or all of the Patents or Patent Licenses of any nature or kind or any matter or proceedings arising out of or relating thereto, other than after an Event of Default shall have occurred and be continuing to act in a commercially reasonable manner. The Lender shall not be required to take any action of any kind to collect, preserve or protect its or the Grantor’s rights in the Patents or the Patent Licenses or against other parties thereto. The Lender’s prior recourse to any part or all of the Patents and Patent Licenses shall not constitute a condition of any demand, ‘suit or proceeding for payment or collection of any of the Guaranteed Obligations.

          13.        No Waiver, Etc.  Neither this Agreement nor any term hereof may be changed, waived, discharged or terminated except by a written instrument expressly referring to this Agreement and to the provisions so modified or limited, and executed by the party to be charged. No act, failure or delay by the Lender shall constitute a waiver of its rights and remedies hereunder or otherwise. No single or partial waiver by the Lender of any default or right or remedy that it may have shall operate as a waiver of any other default, right or remedy or of the same default, right or remedy on a future occasion. The Grantor hereby waives presentment, notice of dishonor and protest of all instruments, and any and all other notices and demands whatsoever (except as expressly provided herein or in the Guaranty).

          14.        Notices. Etc.  All notices, requests and other communications hereunder shall be made in the manner set forth in the Guaranty.

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          15.        Termination.  Upon final payment and performance in full of the Guaranteed Obligations, this Agreement shall terminate and the Lender shall, at the Grantor’s request and expense, reassign and retransfer to Grantor such Patents and Patent Licenses in the name or control of the Lender as has not theretofore been disposed of pursuant to the provisions hereof, together with any surplus moneys and other property at the time held by the Lender hereunder.

          16.        Governing Law: Consent to Jurisdiction.  THIS AGREEMENT IS INTENDED TO TAKE EFFECT AS A SEALED INSTRUMENT AND SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS. The Grantor agrees that any suit for the enforcement of this Agreement may be brought in any state or federal court of competent jurisdiction sitting in Middlesex or Suffolk County, and consents to the non-exclusive jurisdiction of such court and to service of process in any such suit being made upon the Grantor by mail at the address specified in the Agreement. The Grantor hereby waives any objection that it may now or hereafter have to the venue of any such suit or any such court or that such suit is brought in an inconvenient court.

          17.        Certain Waivers.  GRANTOR IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY PROCEEDING HEREAFTER INSTITUTED BY OR AGAINST LENDER OR BORROWER IN RESPECT OF THIS AGREEMENT, THE GUARANTY OR ANY OTHER DOCUMENT, INSTRUMENT OR AGREEMENT EVIDENCING, GOVERNING OR SECURING THE OBLIGATIONS, AS WELL AS ANY RIGHT IT MAY HAVE OR HEREAFTER HAVE TO SPECIAL, INCIDENTIAL OR CONSEQUENTIAL DAMAGES;

	
  
 
  	
  
BRIGHTEC, S.A., f/k/a/ Lumitech, S.A.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/ Patrick   Planche
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
 
  	
  
Patrick   Planche, President and Director
  

COMMONWEALTH OF MASSACHUSETTS

	
  
Norfolk, ss.
  	
  
June 8, 2006
  

          On this day, before me, the undersigned notary public, personally appeared Patrick Planche proved to me through satisfactory evidence of identification, which was his driver’s license, to be the person whose name is signed on the preceding document and acknowledged to me that he signed it voluntarily for its stated purpose.

	
  
 
  	
  
/s/ Jay L. Fialkow
  
	
  
 
  	
  

  
	
  
 
  	
  
Notary   Public
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 Jay L. Fialkow
  
	
   
  	
  

  
	
   
  	
  Printed Name   of Notary Public
  
	
   
  	
  My Commission   Expires: 9/20/2007
  

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Schedule 1

Patents

	
  U.S. Patent   No. 6,623,871 B2 dated September 23, 2003
  
	
   
  	
  “Process for   manufacturing reproduction with a luminescence effect and reproduction   manufactured by the implementation of the process”
  
	
   
  	
   
  
	
  U.S. Patent   No. 6,875,535 B2 dated April 5, 2005
  
	
   
  	
  “Process for   manufacturing reproduction with a luminescence effect and reproduction   manufactured by the implementation of the process”
  

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Schedule 2

Patent Licenses

8EXHIBIT 10.25

ADVANCED LUMITECH, INC., d/b/a BRIGHTEC

AMENDED AND RESTATED STOCK PURCHASE WARRANT

The Warrant represented by this certificate has not been registered under the Securities Act of 1933, as amended, and such Warrant may not be sold or transferred unless such sale or transfer is in accordance with the registration requirements of the Securities Act of 1933, as at the time amended, or in conformity with the limitations of Rule 144 or similar rule as then in effect under such Act, or unless some other exemption from the registration requirements of such Act is available with respect thereto.

	
  
Warrant No. 06.007
  	
   
 	
  
Number of Shares 2,000,000

  

ADVANCED LUMITECH, INC., d/b/a BRIGHTEC

COMMON STOCK, $.001 PAR VALUE

VOID AFTER JANUARY 26, 2014

          This   amended   and
restated Warrant (the  “Warrant”)  is issued to Jeffrey Stern, Trustee
of Jeffrey Stern  Revocable  Trust (JST) located at 44 Eliot Hill Road,  Natick,
Massachusetts  01760 - USA by ADVANCED  LUMITECH,  INC., d/b/a BRIGHTEC a Nevada
corporation      (hereinafter     with     its     successors     called     the
“Company”).

          For value received and subject to the terms and conditions hereinafter set out, the holder of this Warrant, commencing January 27, 2006, is entitled, upon not less that sixty-one (61) days notice to the Company, and upon surrender of this Warrant, with the subscription form annexed hereto duly executed, at the office of the Company, 8c Pleasant Street, first floor, South Natick, Massachusetts 01760, or such other office as the Company shall notify to the registered holder hereof in writing, to purchase from the Company at an initial purchase price of 12.00 Cents ($0.12) per share, 2,000,000 (two million) fully paid and nonassessable shares of common stock, $.001 par value (the “Common Stock”), of the Company.  This Warrant may be exercised in part, and the registered holder shall be entitled to receive a new warrant covering the number of shares in respect of which this Warrant
shall not have been exercised.  The person or persons in whose name or names any certificate representing shares of Common Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date on which this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.  Until such time as this Warrant is exercised or terminates, the purchase price payable and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided.

          I.          This Warrant shall expire at the close of business on January 26, 2014, and shall be void thereafter.

          II.         The Company covenants that it will at all times reserve and keep available a number of its authorized shares of its Common Stock, free from all pre-emptive rights therein, which will be sufficient to permit the exercise of this Warrant.  The Company further covenants that such Common Stock as may be issued pursuant to the exercise of this Warrant will, upon issuance, be duly and validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof.

          III.        If the Company shall at any time prior to the expiration of this Warrant subdivide its outstanding Common Stock, by split-up or otherwise, or combine its outstanding Common Stock, or issue additional shares of its capital stock in payment of a stock dividend in respect of its Common Stock, the number of shares issuable on the exercise of the unexercised portion of this Warrant shall forthwith be proportionately increased in the case of a subdivision or stock dividend, or proportionately decreased in the case of a combination, and the purchase price then applicable to shares covered by the unexercised portion of this Warrant shall forthwith be proportionately decreased in the case of a subdivision or stock dividend, or proportionately increased in the case of a combination.

          IV.        In case of any reclassification, capital reorganization, or change of the outstanding Common Stock of the Company (other than as a result of a subdivision, combination or stock dividend), or in case of any consolidation of the Company with, or merger of the Company into, another corporation or other business organization (other than a consolidation or merger in which the Company is the continuing corporation and which does not result in any reclassification or change of the outstanding Common Stock of the Company), or in case of any sale or conveyance to another corporation or other business organization of the property of the Company, as an entirety or substantially as an entirety, at any time prior to the expiration of this Warrant, then, as a condition of such reclassification, reorganization, change, consolidation, merger, sale or conveyance, lawful
provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder of this Warrant, so that the holder of this Warrant shall have the right prior to the expiration of this Warrant to purchase, at a total price not to exceed that payable upon the exercise of the unexercised portion of this Warrant, the kind and amount of shares of stock and other securities and property receivable upon such reclassification, reorganization, change, consolidation, merger, sale or conveyance by a holder of the number of share of Common Stock of the Company which might have been purchased by the holder of this Warrant immediately prior to such reclassification, reorganization, change, consolidation, merger, sale or conveyance, and in any such case appropriate provisions shall be made with respect to the rights and interest of the holder of this Warrant to the end that the provisions hereof (including without limitation, provisions for the adjustment
of the purchase price and of the number of shares purchasable upon exercise of this Warrant) shall thereafter be applicable in relation to any shares of stock, and other securities and property thereafter deliverable upon exercise hereof.

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          V.         In no event shall any fractional share of Common Stock of the Company be issued upon any exercise of the warrant granted hereunder.  If, upon exercise of this Warrant as an entirety, the registered holder would, except as provided in this Section 5, be entitled to receive a fractional share of Common Stock, then the Company shall issue the next higher number of full shares of Common Stock, issuing a full share with respect to such fractional share.

          VI.        If at any time prior to the expiration or exercise of this Warrant, the Company shall pay any dividend or make any distribution upon its Common Stock or shall make any subdivision or combination of, or other change in its Common Stock, the Company shall cause notice thereof to be mailed, first class, postage prepaid, to the holder of this Warrant at least ten full business days prior to the date as of which holders of Common Stock who shall participate in such dividend, distribution, subdivision, combination or other change are to be determined.  Such notice shall also specify the time as of which holders of Common Stock who shall participate in such dividend or distribution are to be determined.  Failure to give such notice, or any defect therein, shall not affect the legality or validity of any dividend or distribution.

          VII.       A.          The Company will maintain a register containing the names and addresses of the holders of the Warrants.  The “registered holder” of any Warrant shall be the person in whose name such Warrant is registered in said warrant register.  Any registered holder of this Warrant may change his address as shown on the warrant register by written notice to the Company requesting such change.  Any notice or written communication required or permitted to be given to the registered holder may be given by registered mail, or delivered to such registered holder at its address as shown on the warrant register.

                       B.          This Warrant, and the rights evidenced hereby, are subject to restriction on transfer set forth in Federal and State securities laws and may not be offered for sale, sold, transferred or otherwise disposed of unless registered under The Securities Act of 1933, as amended, and applicable state securities laws, or unless an exemption therefrom is available.  Permissible transfers of this Warrant, and the rights evidenced hereby, may be made by any registered holder hereof with respect to any or all of the shares purchasable hereunder.  Upon presentation of this Warrant to the Company for transfer as an entirety by the registered holder, the Company shall issue a new warrant of the same denomination to the assignee.  Upon presentation of this
Warrant to the Company by the registered holder for such transfer with respect to a portion of the shares of Common Stock purchasable hereunder, the Company shall issue a new warrant to the assignee, in such denomination as shall be requested by the registered holder hereof, and shall issue to such registered holder a new warrant covering the number of shares in respect of which this Warrant shall not have been transferred.

                       C.          In the event any stockholders of the Company are granted registration rights in the future to register shares of the Company’s capital stock under the Securities Act of 1933, as amended, the holder of this Warrant or the shares issued on exercise hereof shall be entitled to substantially similar registration rights with respect to the shares.

                       D.          In case this Warrant shall be mutilated, lost, stolen, or destroyed, the Company may issue a new warrant of like tenor and denomination and deliver the same (a) in exchange and substitution for and upon surrender and cancellation of any mutilated Warrant, or (b) in lieu of any Warrant lost, stolen, or destroyed, upon receipt of evidence satisfactory to the Company of the loss, theft or destruction of such Warrant (including a reasonably detailed affidavit with respect to the circumstances of any loss, theft, or destruction) and of indemnity satisfactory to the Company.

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          VIII.     Subject to compliance with applicable Federal and State securities law and certain restrictions on transfer referred to in Section 7B, this Warrant and all rights hereunder are transferable in whole or in part, at the office or agency of the Company at which this Warrant is exercisable by the holder hereof in person or by duly authorized attorney, upon surrender of this Warrant together with the assignment hereof properly endorsed.  Until transfer hereof on the books of the Company, the Company may treat the registered holder hereof as the owner hereof for all purposes.

          IX.        Unless a current registration statement under the Securities Act of 1933, as amended, shall be in effect with respect to the securities to be issued upon exercise of this Warrant, the holder hereof, by accepting this Warrant, covenants and agrees that, at the time of exercise hereof, and at the time of any proposed transfer of securities acquired upon exercise hereof, such holder will deliver to the Company a written statement that the securities acquired by the holder upon exercise hereof are for the own account of the holder for investment and are not acquired with a view to, or for sale in connection with, any distribution thereof (or any portion thereof) and with no present intention (at any such time) of offering and distributing such securities (or any portion thereof).  Further, the holder shall comply with such provisions of applicable State
securities laws as counsel to the Company shall advise.

          X.         The provisions and terms of this Warrant shall be construed in accordance with the laws of the Commonwealth of Massachusetts.

	
   
  	
  
 
  	
  
ADVANCED   LUMITECH, INC., d/b/a BRIGHTEC
  
	  
	  
	  
	  

	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
By:
  	
  
/s/ Patrick Planche
  
	
  
 
  	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
 
  	
  
 
  	
  
Patrick Planche, President
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  (Corporate Seal)
  	
  
 
  	
  
 
  	
  
 
  
	  
	  
	  
	  

	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
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FORM OF SUBSCRIPTION

	
  
To:  Advanced Lumitech, Inc., d/b/a   Brightec
  	
  
Date:
  

          The      undersigned
hereby subscribes for ______________________  shares of Common Stock of ADVANCED
LUMITECH,  INC.,  d/b/a  BRIGHTEC  covered by this  Warrant  #06.007.   The
certificate(s) for such shares shall be issued in the name of the undersigned or
as otherwise indicated below:

	
  
 
  	
  
 
  
	
  
 
  	
  

  
	
  
 
  	
  
Name
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  

  
	
  
 
  	
  
Name   for Registration
  
	
  
 
  	
  
44   Eliot Hill Road
  
	
  
 
  	
  
Natick,   Massachusetts 01760
  
	
  
 
  	
  
USA
  
	
  
 
  	
  
Mailing   Address
  

FORM OF ASSIGNMENT

          For value received _____________________ hereby sell, assign and transfer unto

	
  

  
	
  
Please print or typewrite name and   address of Assignee
  

the within Warrant #06.007, ___________________ common shares and do hereby irrevocably constitute and appoint ______________________ Attorney to transfer the within Warrant on the books of the within named Corporation with full power of substitution on the premises.

	
  
Dated: _/_/_
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
Jeffrey A. Stern, Attorney at Law
  
	
   
  	
   
  	
   
  
	
  In the presence of:
  	
   
  	
   
  
	
   
  	
   
  	
   
  
	
   
  	
   
  	
   
  
	
  Patrick Planche, President of Advanced Lumitech, Inc.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}]]