Document:

EXHIBIT
      10.56

    

    EMPLOYMENT
      AGREEMENT

    

    

    This
      Employment Agreement (“Agreement”) is entered into by and between NutraCea, a
      California corporation with principal address at 1261 Hawk’s Flight
      Court,
      El
      Dorado Hills, CA 95762 (“NutraCea”) and Kody Newland, an individual residing at
      ______________________________
      (“Employee”) effective as of __________________, 2006 (“Effective Date”), as
      follows:

    

    1.   Employment.
      NutraCea wishes to employ Employee and Employee agrees to provide services
      for
      NutraCea on the terms and conditions set forth below.

    

    2.   Employment;
      Scope of
      Employment.
      Employee
      shall act as the Senior Vice President of Sales of NutraCea. The duties of
      Employee shall include but not be limited those duties set forth on the job
      description attached hereto as Exhibit A. NutraCea
      reserves the exclusive right to modify and designate Employee’s specific duties
      from time to time in any manner consistent with Employee’s status as Senior Vice
      President of Sales. In the event of a merger or acquisition of substantially
      all
      of the assets of NutraCea, a change of Employee’s title or supervisor shall not
      be deemed a material alteration to
      this
      Agreement. 

    

    2.1 Best
      Efforts; Full Working Time. Employee
      agrees to devote his best efforts, attention, skill and experience to the
      performance of Employee’s duties all in accordance with the provisions of this
      Agreement. Employee shall apply his entire full working time to performing
      these
      services. 

    

    2.2 Supervision
      and Direction of Services.
      All of
      Employee’s services shall be under the supervision and direction of the Chief
      Executive Officer and President of NutraCea and
      the
      Board of Directors of NutraCea. 

    

    2.3 Rules. Employee
      shall be bound by all the policies, rules and regulations of NutraCea now in
      force and by all such other policies, rules and regulations in the normal course
      of business as may be hereafter implemented and shall faithfully observe and
      abide by the same. 

    

    2.4 Exclusive
      Services.
      During
      the term of this Agreement and any extension of this Agreement, Employee shall
      not, directly or indirectly, whether as a partner, employee, creditor, five
      percent (5%) shareholder, independent contractor or otherwise, promote,
      participate or engage in any activity or other business which NutraCea deems
      in
      its sole reasonable discretion to be competitive in any way with NutraCea’s
      current or future business operations. Employee agrees that Employee shall
      not
      enter into an agreement to establish, form, contract with or become employed
      by
      a competing business of NutraCea while Employee is employed by NutraCea.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    2.5 Non-Solicitation/Non-Compete.
      

    

    2.5.1 Non-Solicitation.
      To the
      fullest extent permissible under applicable law, Employee agrees that both
      during the term of this Agreement and for a period of two
      (2)
years
      following termination of this Agreement, Employee shall not take any action
      to
      induce employees or independent contractors of NutraCea to sever their
      relationship with NutraCea and accept an employment or an independent contractor
      relationship with any other business.

    

    2.5.2 Non-Compete.
      To the
      fullest extent permissible under applicable law, Employee agrees to refrain
      from, unless first obtaining NutraCea’s prior written consent, directly or
      indirectly, engaging in, being employed by, being associated with, being under
      contract with, owning, managing, operating, joining, controlling, or
      participating in the ownership, management, operation, or control of, being
      connected in any manner with, or having any interest in, any business, firm,
      sole proprietorship, partnership or corporation that engages in substantially
      the same business as NutraCea in the United States for a period of two (2)
      years
      after termination of this Agreement.

    

    2.5.3
      Separate
      Covenants.
      Employee
      acknowledges that the nature and periods of restrictions imposed by the
      covenants contained herein are fair, reasonable, and that the Company would
      sustain great and irreparable loss and damage if Employee in any manner were
      to
      breach any of such covenants. Accordingly,
      in the event of an actual or threatened breach of the covenants by Employee,
      in
      addition to all other remedies which NutraCea may have, NutraCea shall be
      entitled to enforce the specific performance of this Agreement and to seek
      both
      immediate, temporary and permanent injunctive relief (to the extent permitted
      by
      law) restraining such actual or threatened breach. Employee
      waives any requirement that NutraCea post any bond or other security in order
      to
      obtain such injunctive relief. It is understood by and between the parties
      hereto that the covenants contained in this Agreement shall be deemed to be
      a
      series of separate covenants, one for each line of business engaged in by
      NutraCea. Each separate covenant shall hereinafter be referred to as “separate
      covenant.” If any court or tribunal of competent jurisdiction shall refuse to
      enforce one or more of the separate covenants because the time limit applicable
      thereto is deemed unreasonable, it is expressly understood and agreed that
      such
      separate covenant or separate covenants shall not be void but that for the
      purpose of such proceedings and such time limitation shall be deemed to be
      reduced to the extent necessary to permit the enforcement of such separate
      covenant or separate covenants. If any court or tribunal of competent
      jurisdiction shall refuse to enforce any or all of the separate covenants
      because, taken together, they are more extensive (whether as to geographic
      area,
      scope of business or otherwise) than is deemed to be reasonable, it is expressly
      understood and agreed between the parties hereto that such separate covenant
      or
      separate covenants shall not be void but that for the purposes of such
      proceedings, the restrictions contained therein (whether as to geographic area,
      scope of business or otherwise) shall be deemed to be reduced to the extent
      necessary to permit the enforcement of such separate covenant or separate
      covenants. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    2.6 Office
      Location.
      Employee
      shall be based out of the Phoenix Metropolitan area, but it is understood and
      acknowledged that the position entails substantial travel, primarily throughout
      the United States of America including travel to and from the corporate
      headquarters in El Dorado Hills, California.

    

    3.   Term
      and Termination;
      Payments upon Termination.
      

    

    3.1 Term
      and Termination. Unless
      earlier terminated for Cause (as defined below), NutraCea
      hereby employs the Employee
      for a
      period commencing upon the Effective
      Date
      and
      ending twenty-four (24)
      months following the
      Effective Date,
      unless
      earlier terminated pursuant hereto
      (the
“Term”).
      The
      term may be extended by mutual agreement of the parties on a month to month
      basis.

    

    3.1.1 Termination
      for Cause.
      For
      purposes of this Section
      3,
“Cause”
shall
      be defined as the following: 

    

    
      	 	
              a.

            	
              NutraCea
                may immediately terminate Employee’s employment
                pursuant to the terms of this Agreement for the
                following reasons
                by
                giving written notice of the termination
                to
                Employee:

            

    

    

    
      	 	
              i.

            	
              Employee,
                in the reasonable determination of the Board of Directors of NutraCea,
                has
                found the
                Employee to be grossly negligent or engaged in material willful or
                gross
                misconduct in the performance of her duties; and only if the Board
                has
                filed a civil lawsuit for the same claim,
                or

            

    

    
      	 	
              ii.

            	
              Employee
                has been
                convicted by
                a court of law of
                fraud, moral turpitude, embezzlement, theft, or dishonesty or other
                criminal conduct; or

            

    

    
      	 	
              iii.

            	
              Employee
                has taken other actions or omitted to take any actions such that
                such
                action or omissions constitute legal cause for termination under
                California or Arizona law, as then in effect,
                

            

    

    

    
      	 	
              b.

            	
              NutraCea
                may terminate Employee’s
                employment pursuant to the terms of this Agreement upon Employee’s failure
                to cure
                the deficiency within ten
                (10) days of receipt of written notice from NutraCea for the following
                reasons:

            

    

    

    
      	 	
              i.

            	
              Employee
                has materially breached the terms hereof;
                or

            

    

    
      	 	
              ii.

            	
              Employee
                has
                failed to meet written standards (including but not limited for sales
                performance standards) established
                by NutraCea for the performance of duties
                hereunder;

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    3.2 Payments
      Upon Termination.
      

     

    3.2.1Termination
      for Cause or Termination by Employee.
      Following any termination by NutraCea
      for Cause or by Employee for any reason,
      Employee shall be entitled to receive in cash payment an amount equal to all
      previously accrued but unpaid or unused compensation through the date of
      termination, including but not limited to, salary and vacation pay and Employee
      may retain the vested portion of any stock and options properly and duly granted
      to Employee as of such date, subject and pursuant to the terms of any option
      agreements or stock purchase agreements entered into between NutraCea and
      Employee;

    

    3.2.2 Termination
      without Cause by NutraCea.
      Following any termination by NutraCea
      without Cause,
      Employee shall be entitled to receive in cash payment an amount equal to all
      previously accrued but unpaid or unused compensation, including but not limited
      to, salary and vacation pay and a
      lump
      sum payment equal to Employee’s salary for the balance remaining of the term of
      this Agreement pursuant to Section 3.1.
      up to a
      maximum of twelve (12) months. In addition, Employee may retain the vested
      portion of any stock and options properly and duly granted to Employee as of
      such date, subject and pursuant to the terms of any option agreements or stock
      purchase agreements entered into between NutraCea and Employee;

    

    3.2.3
      Death
      or Disability.
      Upon the
      death or disability of Employee, Employee or Employee’s estate shall be entitled
      to and NutraCea shall pay Employee
      or Employee’s estate any accrued but unpaid amounts due to Employee under the
      terms of this Agreement through
      the date
      of death or disability (For purposes of this Section, “disability” shall mean
      that for a period of three (3) months in any 12-month period the Employee is
      incapable of substantially fulfilling her duties because of physical, mental
      or
      emotional incapacity from injury, sickness or disease. 

    

    
      	Employee’s Initials __________ 	NutraCea’s Initials
              ___________

    

     

    4.   Compensation;
      Benefits.
      

    

    4.1 Salary.
      Employee
      shall be paid at a rate, which if annualized, equals one hundred fifty thousand
      dollars ($150,000)
      per
      year subject to normal payroll withholdings and NutraCea’s standard payroll
      practices. On a yearly basis, Employee’s salary shall be adjusted to compensate
      for cost of living adjustments in the Sacramento metropolitan area.

    

    4.2 Options.
      

    

    4.2.1 Option
      Grant.
      Subject
      to approval by the Board of Directors of NutraCea, NutraCea shall grant to
      Employee options to purchase up to Five
      Hundred Thousand (500,000) shares of NutraCea’s restricted common stock (the
“Option”). Such Option shall be subject to the terms and conditions of a stock
      option agreement (“Stock Option Agreement”) between NutraCea and Employee. The
      Exercise Price (as defined in the Stock Option Agreement) shall be equal to
      the
      greater of (i) one dollar ($1.00)
      per share; or (ii) the closing bid price of NutraCea’s common stock on the date
      of grant as reported on the over-the-counter bulletin board. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    [4.2.2 Acceleration
      of Vesting.
      Subject to the Stock Option Agreement, upon any Change of Control (as defined
      below) of NutraCea, one hundred percent (100%) of the shares subject to the
      Option shall vest and become exercisable. Thereafter, the Option will continue
      to be subject to the terms and provisions of the Stock Option Agreement. For
      purposes of this Agreement, “Change of Control” of NutraCea is defined as the
      date of the consummation of a merger or consolidation of NutraCea with any
      other
      corporation which results in the voting securities of NutraCea outstanding
      immediately prior thereto failing to represent (either by remaining outstanding
      or by being converted into voting securities of the surviving entity) more
      than
      fifty percent (50%) of the total voting power represented by the voting
      securities of NutraCea or such surviving entity outstanding immediately after
      such merger or consolidation or the date of the consummation of the sale or
      disposition by NutraCea of all or substantially all of NutraCea's
      assets.]

    

    4.2.3
      Lock-Up.
      In
      addition to the terms set forth in this Section 4.2 and the standard provisions
      set forth in the Stock Option Agreement, Employee agrees to a lock-up provision
      prohibiting Employee from selling the common stock obtained by Employee upon
      exercise of the Option until after December 31, 2007, unless the express written
      consent of NutraCea is first obtained. Employee’s Stock Option Agreement shall
      contain restrictions upon Employee selling such common stock in accordance
      with
      the terms of this Section.

    

    4.3 Vacation
      and other Standard Benefits.
      Employee
      shall initially be entitled to three (3) weeks of paid vacation time per year
      for the first year of employment and four (4) weeks of paid vacation time during
      Employees second year of employment and thereafter. Employee may not accrue
      vacation time in excess of such four (4) week maximum. Accrual of vacation
      time
      shall be subject to the terms and conditions of NutraCea’s vacation policy.
      Employee and Employee’s immediate family shall be entitled to health benefits in
      accordance with NutraCea’s standard policies. In addition, Employee shall
      be
      entitled
      to paid holidays, sick leave and other benefits in accordance with NutraCea’s
      standard policies. Employee shall be reimbursed for reasonable business
      expenses, subject to prior approval by NutraCea in accordance with NutraCea’s
      standard policies for employees and conditioned upon Employee’s prior
      presentation to NutraCea’s accounting department of appropriate receipts or such
      other verification of expenses as NutraCea may require from time to time. Any
      air travel that is business-related domestically will be booked at economy
      class, but can be upgraded to a higher class at Employee’s option and Employee’s
      sole expense. Any international travel will be booked in business class. Hotel
      accommodations will be booked in reasonable accommodations, as deemed
      appropriate in the sole discretion of NutraCea. Employee shall also be entitled
      to participate in NutraCea’s 401(k) program pursuant to the eligibility
      conditions of the Company’s plan.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    4.4 Bonuses.
      Employee
      from time to time may receive bonuses
      at the sole discretion
      of the CEO/President of NutraCea and on such terms and conditions as the
      CEO/President may establish. Any such bonus shall be subject to approval and
      ratification by
      the
      Compensation Committee of the
      Board of Directors
      of NutraCea.
      

    

    4.5 Car
      Allowance. Employer
      shall provide Employee with an automobile allowance in the amount of $600.00
      per
      month. Notwithstanding the foregoing, Employer shall not be obligated to make
      any down payments for the purchase of any automobile by or on behalf of
      Employee.

    

    5.   Employment
      Information.
      Employee represents and warrants to NutraCea that information provided by
      Employee in connection with Employee’s employment and any supplemental
      information provided to NutraCea is complete, true and materially correct in
      all
      respects. Employee has not omitted any information that is or may reasonably
      be
      considered necessary or useful to evaluate the information provided by Employee
      to NutraCea. Employee shall immediately notify NutraCea in writing of any change
      in the accuracy or completeness of all such information. 

     

    6.   Trade
      Secrets
      and
      Confidential Information.
      Employee acknowledges that NutraCea has gone to great time and expense to
      develop customers and to develop procedures and processes for development of
      products and services and the sales of products and services. Such procedures
      and processes in addition to various other types of proprietary information
      are
      included as part of the “confidential information” described in the “Proprietary
      Information Agreement” attached hereto as Exhibit B. Employee has previously
      executed the Proprietary Information Agreement or agrees to execute NutraCea’s
      Proprietary Information Agreement contemporaneously with the execution of this
      Agreement and employment. Employee
      further agrees to execute, deliver and perform, during the Term of Employee’s
      employment with Employer and thereafter, any other reasonable confidentiality
      and non-disclosure agreements concerning Employer and any of its affiliates
      and
      its business and products, which Employer promulgates for other key employees
      and executives. 

    

    7.   Remedies
      for Breach of Covenant Regarding Confidentiality.
      The
      parties agree that the breach by Employee of any covenants contained in Sections
      2.4, 2.5, 5 and 6 will result in immediate and irreparable injury to NutraCea.
      In the event of any breach by Employee of the covenants contained in Sections
      2.4, 2.5, 5 or 6, NutraCea shall be entitled to seek recourse through all
      available legal and equitable remedies necessary or useful to prevent any
      likelihood of immediate or irreparable injury to NutraCea. The parties agree
      that, in the case of such a breach or threat of breach by Employee of any of
      the
      provisions of such Sections, NutraCea may take any appropriate legal action,
      including without limitation action for injunctive relief, consisting of orders
      temporarily restraining and preliminarily and permanently enjoining such actual
      or threatened breach.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    8.   Miscellaneous.
      

    

    8.1 Choice
      of Law, Jurisdiction, Venue.
      The
      rights and obligations of the parties and the interpretation and performance
      of
      this Agreement shall be governed by the laws of California, excluding its
      conflict of laws rules. The exclusive jurisdiction and venue of any legal action
      brought by either party under this Agreement shall be in the County of
      Sacramento, California.

    

    8.2. Entire
      Agreement.
      This
      Agreement, the Proprietary Information Agreement described in Section 6 and
      the
      Stock Option Agreement referenced in Section 4.2 contain the entire Agreement
      among the parties and supersede all prior and contemporaneous oral and written
      agreements, understandings and representations among the parties, including
      without limitation any offer letter. There are no representations, agreements,
      arrangements, or understandings, whether oral or written, between or among
      the
      parties relating to the subject matter of this Agreement that are not fully
      expressed herein and therein.

    

    8.3 Notices.
      Any
      notice under this Agreement shall be in writing, and any written notice or
      other
      document shall be deemed to have been duly given (i) on the date of personal
      service on the parties, (ii) on the third business day after mailing, if the
      document is mailed by registered or certified mail, (iii) one (1) day after
      being sent by professional or overnight courier or messenger service
      guaranteeing one-day delivery, with receipt confirmed by the courier, or (iv)
      on
      the date of transmission if sent by telegram, telex, telecopy or other means
      of
      electronic transmission resulting in written copies, with receipt confirmed.
      Any
      such notice shall be delivered or addressed to the parties at the addresses
      set
      forth above or at the most recent address specified by the addressee through
      written notice under this provision. Failure to conform to the requirement
      that
      mailings be done by registered or certified mail shall not defeat the
      effectiveness of notice actually received by the addressee.

     

    8.4 Severability.
      NutraCea and Employee agree that should any provision of this Agreement be
      declared or be determined by any court of competent jurisdiction to be illegal,
      invalid or unenforceable, the legality, validity and enforceability of the
      remaining parts, terms and provisions shall not be affected thereby, and said
      illegal, unenforceable or invalid part, term or provision shall be deemed not
      to
      be part of this Agreement. 

     

    8.5 Legal
      Fees.
      Each
      party will bear its own legal fees relating to the negotiation of this Agreement
      and related documents.

    

    8.6 Amendment.
      The
      provisions of this Agreement may be modified at any time by agreement of the
      parties. Any such agreement hereafter made shall be ineffective to modify this
      Agreement in any respect unless in writing and signed by the party against
      whom
      enforcement of the modification or discharge is sought.

     

    8.7 No
      Transfer or Assignment; No Third-Party Beneficiaries.
      The
      rights of Employee hereunder have been granted by NutraCea with the
      understanding that this Agreement is personal to, and shall be performed by
      Employee individually. This Agreement is not transferable or assignable by
      Employee in any manner. No person or entity other than NutraCea and Employee
      shall have any rights whatsoever under this Agreement. No person or entity
      other
      than NutraCea or Employee shall have any right to enforce any provision of
      this
      Agreement, or to recover damages on account of the breach of this Agreement.
      No
      heir, successor or assign of Employee, whether voluntarily or by operation
      of
      law, shall have or succeed to any rights of Employee hereunder. NutraCea may
      assign this Agreement in the event of a merger or acquisition. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    8.8 Waiver.
      Any of
      the terms or conditions of this Agreement may be waived at any time by the
      party
      entitled to the benefit thereof, but no such waiver shall affect or impair
      the
      right of the waiving party to require observance, performance or satisfaction
      of
      that term or condition as it applies on a subsequent occasion or of any other
      term or condition.

     

    8.9 Resolution
      of Disputes.

     

    8.9.1 Resolution
      of Disputes.
      NutraCea and Employee agree that any claim or controversy arising out of or
      pertaining to this Agreement or the termination of Employee's employment,
      including but not limited to, claims of wrongful treatment or termination
      allegedly resulting from discrimination, harassment or retaliation on the basis
      of race, sex, age, national origin, ancestry, color, religion, marital status,
      status as a veteran of the Vietnam era, physical or mental disability, medical
      condition, or any other basis prohibited by law ("Dispute") shall be resolved
      by
      binding arbitration as provided in this paragraph. The parties agree that no
      party shall have the right to sue any other party regarding a Dispute except
      as
      provided in this paragraph.

    

    8.9.2
       Binding
      Arbitration.
       Any
      Dispute between the parties shall be submitted to, and conclusively determined
      by, binding arbitration in accordance with this paragraph. The provisions of
      this paragraph shall not preclude any party from seeking injunctive or other
      provisional or equitable relief in order to preserve the status quo of the
      parties pending resolution of the Dispute, and the filing of an action seeking
      injunctive or other provisional relief shall not be construed as a waiver of
      that party's arbitration rights. The arbitration of any Dispute between the
      parties to this Agreement shall be governed by the provisions of the California
      Arbitration Act. (California Code of Civil Procedure section 1280, et seq.,
      including the provision of California Code of Civil Procedure section 1283.05.)
      

    

    8.9.3 Appointment
      of Arbitrator.
      The
      arbitrator shall be a neutral arbitrator mutually selected by NutraCea and
      Employee from the American Arbitration Association and will be governed by
      the
      rules of the Association. Within thirty (30) days of service of a demand for
      arbitration by either party to this Agreement, the parties shall endeavor in
      good faith to select a single arbitrator. If they fail to do so within that
      time
      period, each party shall have an additional period of fifteen (15) days in
      which
      to appoint an arbitrator and those arbitrators within fifteen (15) days shall
      select an additional arbitrator. If any party fails to appoint an arbitrator
      or
      if the arbitrators initially selected by the parties fail to appoint an
      additional arbitrator within the time specified herein, any party may apply
      to
      have an arbitrator appointed for the party who has failed to appoint, or to
      have
      the additional arbitrator appointed, by the presiding judge for the Superior
      Court, Sacramento County, California. If the presiding judge, acting in his
      or
      her personal capacity, is unable or unwilling to appoint the additional
      arbitrator, that arbitrator shall be selected in accordance with California
      Code
      of Civil Procedure section 1281.6.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    8.9.4 Initiation
      of Arbitration.
      In the
      case of any Dispute between the parties to this Agreement, either party shall
      have the right to initiate the binding arbitration process provided for in
      this
      paragraph by serving upon the other party a demand for arbitration within the
      statutory time period from the date the Dispute first arose. 

    

    8.9.5
       Location
      of Arbitration.
      Any
      arbitration hearing shall be conducted in Sacramento County,
      California.

    

    8.9.6
       Applicable
      Law.
      The law
      applicable to the arbitration of any Dispute shall be the law of the State
      of
      California, excluding its conflicts of law rules.

    

    8.9.7
       Arbitration
      Procedures.
      Except
      as otherwise provided in this paragraph, the arbitration shall be governed
      by
      the California Arbitration Act (Code Civ. Proc., § 1280 et seq.). The parties
      shall be entitled to conduct discovery sufficient to adequately arbitrate their
      claims or defenses, including access to essential documents and witnesses,
      as
      determined by the arbitrator and subject to limited judicial review. In
      addition, either party may choose, at that party’s discretion, to request that
      the arbitrators resolve any dispositive motions prior to the taking of evidence
      on the merits of the Dispute. By way of example, such dispositive motions would
      include, but not be limited to, those which would entitle a party to summary
      judgment or summary adjudication of issues pursuant to Code of Civil Procedure
      section 437c or resolution of a special defense as provided for at Code of
      Civil
      Procedure section 597. In the event a party to the arbitration requests that
      the
      arbitrators resolve a dispositive motion, the arbitrators shall receive and
      consider any written or oral arguments regarding the dispositive motion, and
      shall receive and consider any evidence specifically relating thereto, and
      shall
      render a decision thereon, before hearing any evidence on the merits of the
      Dispute. 

    

    8.9.8
       Scope
      of Arbitrators' Award or Decision.
      NutraCea and Employee agree that if the arbitrators find any Disputed claim
      to
      be meritorious, the arbitrators shall have the authority to order all forms
      of
      legal and/or equitable relief that would otherwise be available in court and
      that is appropriate to the claim. Any decision or award by the arbitrators
      shall
      be in writing and shall be specific enough to permit limited judicial review
      if
      necessary. 

    

    8.9.9 Costs
      of Arbitration; Attorneys’ Fees.
      NutraCea shall bear any costs of arbitration that are over and above costs
      that
      would be incurred by Employee had he not been required to arbitrate the Dispute,
      but instead had been free to bring the action in court. Each party shall bear
      its own attorneys’ fees. However, NutraCea and Employee agree that the
      arbitrators, in their discretion and consistent with applicable law, may award
      to the prevailing party the costs and attorneys’ fees incurred by that party in
      participating in the arbitration process as long as they do not exceed those
      that would be incurred by Employee in a court action.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    8.9.10  Acknowledgment
      of Consent to Arbitration.
      NOTICE:
      BY EXECUTING THIS AGREEMENT EMPLOYEE AGREES TO HAVE ANY DISPUTE ARISING OUT
      OF
      THE MATTERS INCLUDED IN THE "RESOLUTION OF DISPUTES" PROVISION DECIDED BY
      NEUTRAL ARBITRATION AS PROVIDED BY CALIFORNIA LAW AND EMPLOYEE WAIVES ANY RIGHTS
      EMPLOYEE MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL.
      BY EXECUTING THIS AGREEMENT EMPLOYEE WAIVES EMPLOYEE’S JUDICIAL RIGHTS TO
      APPEAL. IF EMPLOYEE REFUSES TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS
      PROVISION, EMPLOYEE MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE
      CALIFORNIA CODE OF CIVIL PROCEDURE. EMPLOYEES AGREEMENT TO THIS ARBITRATION
      PROVISION IS VOLUNTARY. BY EXECUTING THIS AGREEMENT EMPLOYEE IS INDICATING
      THAT
      EMPLOYEE HAS READ AND UNDERSTOOD THE FOREGOING AND AGREES TO SUBMIT DISPUTES
      ARISING OUT OF THE MATTERS INCLUDED IN THIS ARBITRATION OF DISPUTES PROVISION
      TO
      NEUTRAL ARBITRATION.

     

    8.10 Exhibits.
      All
      exhibits to which reference is made are deemed incorporated in this Agreement
      whether or not actually attached.

    

    
      	 	 	 
	 
 	 
 	 
NutraCea
	 	 	 
	 	  	 
	 	
              

              Print
                Name: 

            
	 	Title: 
	 	 
	 	
              Employee:
                Kody Newland      

            
	 	 
	 	 
	 	
              

            

    

    

    [SIGNATURE
      PAGE TO EMPLOYMENT AGREEMENT]

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EXHIBIT
      A

    

    JOB
      DESCRIPTION

    

     

     

    
 

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EXHIBIT
      B

    

    PROPRIETARY
      RIGHTS AGREEMENTPURCHASE
      AND SALE AGREEMENT

    

    THIS
      PURCHASE AND SALE AGREEMENT (the "Agreement") is made as of May 21, 2004 by
      and
      between Infinite Group Inc. whose address is 595 Blossom Rd.. Ste. 309.
      Rochester. NY 14610 ("Client") and Amerisource Funding, Inc., a Texas
      corporation ("Amerisource") (each a "Party" and, collectively herein, the
      "Parties").

    

    1.
      Definitions.
      The
      following terms used herein shall have the following meaning. All capitalized
      terms not herein defined shall have the meaning set forth in the Uniform
      Commercial Code:

     

    1.1.
      "Closed" - A Purchased Account is closed upon the first to occur of: (i) receipt
      of full payment by Amerisource or (ii) the unpaid Face Amount has been charged
      to the Reserve Account by Amerisource pursuant to the terms hereof.

     

    1.2.
      "Face Amount" - The face amount due on an Account at the time of purchase of
      such Account.

     

    1.3.
      "Invoice" - The document that evidences or is intended to evidence an Account.
      Where the context so requires, reference to an Invoice shall be deemed to refer
      to the Account to which it relates.

     

    1.4.
      "Invoice Transmittal" - A form supplied by Amerisource from time to time wherein
      Client lists such of its Accounts as it requests that Amerisource purchase
      under
      the terms of this Agreement.

     

    1.5.
      "Obligations" - All present and future obligations owing by Client to
      Amerisource arising hereunder or otherwise, whether arising before, during
      or
      after the commencement of any Bankruptcy Case in which Client is a
      Debtor.

     

    1.6.
      "Purchase Date" - The date on which Amerisource has purchased an Account from
      Client.

     

    1.7.
      "Purchased Accounts" - Accounts purchased hereunder which have not been
      Closed.

     

    1.8.
      "Repurchased" - An Account has been repurchased when Client has paid to
      Amerisource the then unpaid Face Amount.

     

    1.9.
      "Required Reserve Amount" - The Reserve Percentage multiplied by the unpaid
      balance of Purchased Accounts.

     

    1.10.
      "Reserve Account" - A bookkeeping account on the books of Amerisource
      representing an unpaid portion of the Face Amount of all Purchased Account,
      maintained by Amerisource to ensure Client's performance with the provisions
      hereof.

     

    1.11.
      "Reserve Percentage" - Twenty percent (20%).

     

    1.12.
      "Reserve Shortfall" - The amount by which the Reserve Account is less than
      the
      Required Reserve Amount.

    

    2.
      Sale;
      Purchase Price; Reserve.

     

    2.1.
      Assignment
      and Sale.

     

    2.1.1.
      At
      its election from time to time during the term of this Agreement, Client agrees
      to offer for sale to Amerisource such of Client's Accounts as are listed from
      time to time on Invoice Transmittals.

     

    2.1.2.
      Each Invoice Transmittal shall be accompanied by such documentation supporting
      and evidencing the Accounts listed thereon as Amerisource shall from time to
      time request.

     

    2.1.3.
      Amerisource may in its sole discretion purchase from Client such Accounts deemed
      acceptable by Amerisource in the exercise of its reasonable sole credit or
      business judgment.

     

    2.1.4.
      Amerisource shall pay to Client the Face Amount as the purchase price of any
      Purchased Account, less any amounts due to Amerisource from Client including,
      without limitation, any amounts due under Section 2.2.1 hereof.

     

    2.2.
      Reserve
      Account.

     

    2.2.1.
      Client shall pay to Amerisource on demand the amount of any Reserve
      Shortfall.

     

    2.2.2.
      Amerisource shall pay to Client on a weekly basis any amount by which the
      Reserve Account exceeds the Required Reserve Amount.

     

    2.2.3.
      Amerisource may charge the Reserve Account with any Obligation.

     

    2.2.4.
      Amerisource may pay any amounts due Client hereunder by a credit to the Reserve
      Account.

     

    2.2.5.
      Upon termination of this Agreement Amerisource may retain the Reserve Account
      (i) sufficient to cover any Obligations that were either known or unknown to
      Amerisource at the time of termination, and (ii) unless and until Client has
      executed and delivered to Amerisource a general release in a form acceptable
      to
      Amerisource.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    3.
      Authorization
      for Purchases.
      Subject
      to the terms and conditions of this Agreement, Amerisource is authorized to
      purchase Accounts upon telephonic, facsimile or other instructions received
      from
      anyone purporting to be an officer, employee or representative of
      Client.

    

    4.
      Discount.
      Client
      shall pay to Amerisource a discount/fee of ninety five one-hundredths percent
      (0.9S%) of the Face Amount of a Purchased Account for the first ten (10) days
      such Purchased Account remains outstanding at Amerisource; plus nine
      one-hundredths percent (0.09%) of the Face Amount of such Purchased Account
      for
      every day thereafter such Purchased Account remains outstanding at Amerisource,
      computed from the Purchase Date through the date on which a Purchased Account
      is
      Closed.

    

    5.
      Repurchase
      Of Accounts.
      Amerisource may require that Client repurchase, by payment of the then unpaid
      Face Amount thereof, together with any unpaid fees or other amounts relating
      to
      the Purchased Account on demand, or, at Amerisource's option, by Amerisource's
      charge to the Reserve Account:

     

    5.1.
      Any
      Purchased Account, the payment of which has been disputed by the Account Debtor
      obligated thereon, Amerisource, being under no obligation to determine the
      bona
      fides of such dispute.

     

    5.2.
      Any
      Purchased Account for which Client has breached its obligation under Section
      10
      hereunder.

     

    5.3.
      Any
      Purchased Account owing from an Account Debtor which in Amerisource's reasonable
      credit judgment has become insolvent

     

    5.4.
      All
      or any Purchased Accounts upon the occurrence of an Event of Default, or upon
      the termination date of this Agreement.

     

    5.5.
      Any
      Purchased Account which remains unpaid beyond ninety (90) days from the original
      invoice date of the Account.

     

    Any
      such
      repurchase by Client shall not constitute reassignment of such Purchased
      Account.

    

    6.
      Delinquency.
      As
      inducement to Client to repurchase Accounts promptly when required to do so
      and
      to sell only the Accounts from which prompt payments can be expected, Client
      agrees to pay Amerisource a penalty of 0.2 percent (0.2%) of the Face Amount
      of
      a Purchased Account for every day beyond ninety five (95) days that such Account
      or portion thereof remains outstanding and unpaid at Amerisource (the
      "Delinquency Charge"). The Delinquency Charge shall also be assessed and is
      payable on demand on any Obligation not paid when due, including any Reserve
      Shortfall.

    

    7.
      Security
      Interest.

     

    7.1.
      As
      collateral securing the Obligations, Client grants and assigns to Amerisource
      a
      continuing first priority security interest in and to all of its now owned
      and
      hereafter acquired personal property and fixtures, and all direct and indirect
      proceeds thereof (including proceeds of proceeds), including without limitation
      Accounts, Chattel Paper, Goods (including Inventory and Equipment), Instruments,
      Investment Property, Documents, and General Intangibles (the
      "Collateral").

     

    7.2.
      Notwithstanding the creation of the above security interest, the relationship
      of
      the Parties shall be that of purchaser and seller of accounts, and not that
      of
      lender and borrower.

     

    8.
      Authorization
      to Amerisource.
      Client
      hereby irrevocably authorizes Amerisource at Client's expense, to exercise
      at
      any time any of the following powers until all of the Obligations have been
      paid
      in full: (a) receive, take, endorse, assign, deliver, accept and deposit, in
      the
      name of Amerisource or Client, any and all cash, checks, commercial paper,
      drafts, remittances and other instruments and documents relating to the
      Collateral or the proceeds thereof, (b) take or bring, in the name of
      Amerisource or Client, all steps, actions, suits or proceedings deemed by
      Amerisource necessary or desirable to effect collection of or other realization
      upon the Accounts and other Collateral, (c) after an Event of Default, change
      the address for delivery of mail to Client and to receive and open mail
      addressed to Client, (d) after an Event of Default, extend the time of payment
      of, compromise or settle for cash, credit, return of merchandise, and upon
      any
      terms or conditions, any and all Accounts or other Collateral which includes
      a
      monetary obligation and discharge or release any account debtor or other obligor
      (including filing of any public record releasing any lien or security interest
      granted to Client by such account debtor), without affecting any of the
      Obligations, (e) pay any sums necessary to discharge any lien, security interest
      or encumbrance which is senior to Amerisource's security interest in the
      Collateral, which sums shall be included as Obligations hereunder, and in
      connection with which sums the Delinquency Charge shall accrue and shall be
      due
      and payable, (f) in order to satisfy any of the Obligations, initiate electronic
      debit or credit entries through the Automated Clearinghouse system to any
      deposit account maintained by Client wherever located, (g) file in the name
      of
      Client or Amerisource, or both, mechanics liens or related notices, or claims
      under any payment bond, in connection with goods or services sold by Client
      in
      connection with the improvement of realty, (h) notify any Account Debtor
      obligated with respect to any Account that the underlying Account has been
      assigned to Amerisource by Client and that payment thereof is to be made to
      the
      order of and directly and solely to Amerisource, and (i) communicate directly
      with Client's Account Debtors to verify the amount and validity of any Account
      created by Client.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    9.
      Covenants
      By Client.

     

    9.1.
      After written notice by Amerisource to Client, and automatically, without
      notice, after an Event of Default, Client shall not, without the prior written
      consent of Amerisource in each instance, (a) grant any extension of time for
      payment of any of the Accounts, (b) compromise or settle any of the Accounts
      for
      less than the full amount thereof, (c) release in whole or in part any Account
      Debtor, or (d) grant any credits, discounts, allowances, deductions, return
      authorizations or the like with respect to any of the Accounts.

     

    9.2.
      From
      time to time as requested by Amerisource, at the sole expense of Client,
      Amerisource or its designees shall have access, during reasonable business
      hours
      if prior to an Event of Default and at any time if after an Event of Default,
      to
      all premises where Collateral is located for the purposes of inspecting (and
      removing, if after the occurrence of an Event of Default) any of the Collateral,
      including Client's books and records, and Client shall permit Amerisource or
      its
      designees to make copies of such books and records or extracts there from as
      Amerisource may request.

     

    9.3.
      If
      Client chooses to sell Accounts to Amerisource from a particular Account Debtor,
      then Client shall mark any and all Invoices to such Account Debtor with a notice
      of assignment as may be required by Amerisource before sending any Invoices
      to
      such Account Debtor.

     

    9.4.
      Client shall reimburse Amerisource for any out-of-pocket expenses directly
      incurred by Amerisource in the administration of this Agreement, including
      fees
      for periodic field exams.

     

    9.5.
      Client shall pay when due all payroll and other taxes, and shall provide proof
      thereof to Amerisource in such form as Amerisource shall reasonably
      require.

     

    9.6.
      Client shall not create, incur, assume or permit to exist any lien or security
      interest upon or with respect to any Collateral now owned or hereafter acquired
      by Client.

     

    9.7.
      Client shall deliver in kind to Amerisource, on the next banking day following
      the date of receipt by Client, the amount of any payment on account of a
      Purchased Account. Client shall pay to Amerisource fifteen percent (15%) of
      the
      amount of any payment on account of a Purchased Account which has been received
      by Client and not delivered in kind to Amerisource on the next banking day
      following the day of receipt by Client.

     

    9.8.
      Avoidance Claims.

     

    9.8.1.
      Client shall indemnify Amerisource from any loss arising out of the assertion
      of
      any claim that any payment received by Amerisource from or for the account
      of an
      Account Debtor is avoidable under the Bankruptcy Code or any other debtor relief
      statute ("Avoidance Claim").

     

    9.8.2.
      Client shall notify Amerisource within two business days of it becoming aware
      of
      the assertion of any Avoidance Claim.

     

    9.8.3.
      This provision shall survive termination of this Agreement.

     

    10.
      Account
      Disputes.
      Client
      shall notify Amerisource promptly of and, if requested by Amerisource, will
      settle all disputes concerning any Purchased Account, at Client's sole cost
      and
      expense.

    

    11.
      Representation
      and Warranty.
      Client
      represents and warrants that:

     

    11.1.
      Client is fully authorized to enter into this Agreement and to perform
      hereunder.

     

    11.2.
      This Agreement constitutes its legal, valid and binding obligation.

     

    11.3.
      Client is solvent and in good standing in the State of its
      organization.

     

    11.4.
      The
      Purchased Accounts are and will remain:

     

    11.4.1.
      Bona fide existing obligations created by the sale and delivery of goods or
      the
      rendition of services in the ordinary course of Client's business.

     

    11.4.2.
      Unconditionally owed and will be paid to Amerisource without defenses, disputes,
      offsets, counterclaims, or rights of return or cancellation.

     

    11
      .4.3.
      Not sales to any entity which is affiliated with Client or in any way not an
      "arms length" transaction.

     

    11.5.
      Client has not received notice nor does Client have knowledge of actual or
      imminent bankruptcy, insolvency, or material impairment of the financial
      condition of any applicable account debtor regarding Purchased
      Accounts.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    12.
      Default.

     

    12.1.
      Events
      of Default.
      Any of
      the following events will constitute an Event of Default hereunder: (a) Client
      defaults in the payment of any Obligations or in the performance of any
      provision hereof or of any other agreement now or hereafter entered into with
      Amerisource, or any warranty or representation contained herein proves to be
      false in any way, howsoever minor, (b) Client or any guarantor of all or any
      part of the Obligations becomes subject to any debtor-relief proceedings, (c)
      any such guarantor fails to perform or observe any of such guarantor's
      obligations to Amerisource or shall notify Amerisource of its intention to
      rescind, modify, terminate or revoke any guaranty of the Obligations, or any
      such guaranty shall cease to be in full force and effect for any reason
      whatever, (d) Amerisource for any reason, in good faith, deems itself insecure
      with respect to the prospect of repayment or performance of all or any part
      of
      the Obligations.

     

    12.2.
      Waiver
      of Notice.
      Client
      waives any requirement that Amerisource inform Client by affirmative act or
      otherwise of any Event of Default hereunder. Further, Amerisource's failure
      to
      charge or accrue interest or fees at any "Default", "Delinquency" or "Past
      Due"
      rate shall not be deemed a waiver by Amerisource of its claim
      thereto.

     

    12.3.
      Effect
      of Default.
      Upon the
      occurrence of any Event of Default, in addition to any rights Amerisource has
      under this Agreement or applicable law, Amerisource may immediately terminate
      this Agreement without notice, at which time all Obligations shall immediately
      become due and payable without notice.

    

    13.
      Account
      Stated.
      Amerisource shall render to Client a statement setting forth the transactions
      arising hereunder. Each statement shall be considered correct and binding upon
      Client as an account stated, except to the extent that Amerisource receives,
      within sixty (60) days after the mailing of such statement, written notice
      from
      Client of any specific exceptions by Client to that statement., and then it
      shall be binding against Client as to any items to which it has not
      objected.

    

    14.
      Waiver.
      No
      failure to exercise and no delay in exercising any right, power, or remedy
      hereunder shall impair any right, power, or remedy which Amerisource may have,
      nor shall any such delay be construed to be a waiver of any of such rights,
      powers, or remedies, or any acquiescence in any breach or default hereunder;
      nor
      shall any waiver by Amerisource of any breach or default by Client hereunder
      be
      deemed a waiver of any default or breach subsequently occurring. All rights
      and
      remedies granted to Amerisource hereunder shall remain in full force and effect
      notwithstanding any single or partial exercise of, or any discontinuance of
      action begun to enforce, any such right or remedy. The rights and remedies
      specified herein are cumulative and not exclusive of each other or of any rights
      or remedies that Amerisource would otherwise have. Any waiver, permit, consent
      or approval by Amerisource of any breach or default hereunder must be in writing
      and shall be effective only to the extent set forth in such writing and only
      as
      to that specific instance.

    

    15.
      Termination.
      Client
      may terminate this Agreement at any time by giving Amerisource written notice
      of
      termination. Upon termination, Client shall pay the Obligations to
      Amerisource.

    

    16.
      Amendment.
      Neither
      this Agreement nor any provisions hereof may be changed, waived, discharged
      or
      terminated, nor may any consent to the departure from the terms hereof be given
      orally (even if supported by new consideration), but only by an instrument
      in
      writing signed by all parties to this Agreement. Any waiver or consent so given
      shall be effective only in the specific instance and for the specific purpose
      for which given.

    

    17.
      Lien
      Termination.
      In
      recognition of Amerisource's right to have its legal fees and other expenses
      incurred in connection with this Agreement secured by the Collateral,
      notwithstanding satisfaction in full of all other Obligations by Client,
      Amerisource shall not be required to record any terminations or satisfactions
      of
      any of Amerisource's liens or security interests on the Collateral unless and
      until Client has executed and delivered to Amerisource a general release in
      a
      form acceptable to Amerisource. Client understands that this provision
      constitutes a waiver of its rights under §9-5 13 of the UCC.

    

    18.
      Conflict.
      Unless
      otherwise expressly stated in any other agreement between Amerisource and
      Client, if a conflict exists between the provisions of this Agreement and the
      provisions of such other agreement, the provisions of this Agreement shall
      control.

    

    19.
      Severability.
      In the
      event any one or more of the provisions contained in this Agreement is held
      to
      be invalid, illegal or unenforceable in any respect, then such provision shall
      be ineffective only to the extent of such prohibition or invalidity, and the
      validity, legality and enforceability of the remaining provisions contained
      herein shall not in any way be affected or impaired thereby.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    20.
      Relationship
      of Parties.
      The
      relationship of the Parties hereto shall be that of seller and purchaser of
      Accounts, and Amerisource shall not be a fiduciary of the Client, although
      Client may be a fiduciary of Amerisource.

    

    21.
      Legal
      Fees.
      Client
      agrees to reimburse Amerisource on demand for the actual amount of all costs
      and
      expenses, including attorneys' fees and other legal fees, which Amerisource
      has
      incurred or may incur in: (a) negotiating, preparing, or administering this
      Agreement and any documents prepared in connection herewith or in any way
      arising out of this Agreement; (b) protecting, preserving or enforcing any
      lien,
      security interest or other right granted by Client to Amerisource or arising
      under applicable law, whether or not suit is brought, including but not limited
      to the defense of any Avoidance Claims; (c) complying with any subpoena or
      ether
      legal process attendant to any litigation in which Client is a party; including
      photocopying, travel, and attorneys' fees and expenses; (d) the actual amount
      of
      all costs and expenses, including attorneys' fees, which Amerisource may incur
      in enforcing this Agreement and any documents prepared in connection herewith,
      or in connection with any federal or state insolvency proceeding commenced
      by or
      against Client, including those (i) arising out the automatic stay, (ii) seeking
      dismissal or conversion of the bankruptcy proceeding, or (ii) opposing
      confirmation of Client's plan thereunder.

    

    22.
      Entire
      Agreement.
      This
      Agreement supersedes all other agreements and understandings between the Parties
      hereto, verbal or written, express or implied, relating to the subject matter
      hereof. No promises of any kind have been made by Amerisource or any third
      party
      to induce Client to execute this Agreement. No course of dealing, course of
      performance or trade usage, and no parole evidence of any nature, shall be
      used
      to supplement or modify any terms of this Agreement.

     

    23.
      Choice
      of Law.
      This
      Agreement and all transactions contemplated hereunder and/or evidenced hereby
      shall be governed by, construed under, and enforced in accordance with the
      internal laws of the State of Texas.

    

    24.
      Jury
      Trial "Waiver.
      In
      recognition of the higher costs and delay which may result from a jury trial,
      the Parties hereto waive any right to trial by jury of any claim, demand, action
      or cause of action (a) arising hereunder, or (b) in any way connected with
      or
      related or incidental to the dealings of the Parties hereto or any of them
      with
      respect hereto, in each case whether now existing or hereafter arising, and
      whether sounding in contract or tort or otherwise; and each Party further waives
      any right to consolidate any such action in which a jury trial has been waived
      with any other action in which a jury trial cannot be or has not been waived;
      and each Party hereby agrees and consents that any such claim, demand, action
      or
      cause of action shall be decided by court trial without a jury, and that any
      Party hereto may file an original counterpart or a copy of this section with
      any
      court as written evidence of the consent of the Parties hereto to the waiver
      of
      their right to trial by jury.

    

    25.
      Venue;
      Jurisdiction.
      The
      Parties agree that any suit, action or proceeding arising out of the subject
      matter hereof, or the interpretation, performance or breach of this Agreement,
      shall, if Amerisource so elects, be instituted in any court sitting in the
      State
      of Texas (the "Acceptable Forums"). Each party agrees that the Acceptable Forums
      are convenient to it, and each party irrevocably submits to the jurisdiction
      of
      the Acceptable Forums, irrevocably agrees to be bound by any judgment rendered
      thereby in connection with this Agreement, and waives any and all objections
      to
      jurisdiction or venue that it may have under the laws of the State of Texas
      or
      otherwise in those courts in any such suit, action or proceeding. Should such
      proceeding be initiated in any other forum, Client waives any right to oppose
      any motion or application made by Amerisource as a consequence of such
      proceeding having been commenced in a forum other than an Acceptable
      Forum.

    

    26.
      Notice.
      All
      notices to Amerisource hereunder shall be deemed given upon actual receipt
      by a
      responsible officer of Amerisource.

    

    27.
      Counterparts.
      This
      Agreement may be signed in any number of counterparts, each of which shall
      be an
      original, with the same effect as if all signatures were upon the same
      instrument. Delivery of an executed counterpart of the signature page to this
      Agreement by facsimile shall be effective as delivery of a manually executed
      counterpart of this Agreement, and any Party delivering such an executed
      counterpart of the signature page to this Agreement by facsimile to any other
      Party shall thereafter also promptly deliver a manually executed counterpart
      of
      this Agreement to such other Party, provided that the failure to deliver such
      manually executed counterpart shall not affect the validity, enforceability,
      or
      binding effect of this Agreement.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Parties have executed this Agreement on the day and year
      first above written.

     

    
      	 CLIENT: 	 	 	 AMERISOURCE:
	 Infinite Group, Inc.	 	 	 Amerisource Funding, Inc.
	 	 	 	 
	 	 	 	 
	/s/ Michael S. Smith	 	 	/s/ Jason Floyd 
	
              
Name:
              Michael S. Smith	 	 	
              
Name:
              Jason Floyd
	Title: President 	 	 	Title: Managing
              Director

    

           

    
      
        
        

      

      
        6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}]]