Document:

Exhibit 10.03 - Registration Rights Agreement between the Company and Vicis
Capital Master Fund

                          REGISTRATION RIGHTS AGREEMENT

      REGISTRATION RIGHTS AGREEMENT made this 11th day of August, 2006 by and
between Medical Media Television, Inc., a Florida corporation (the "Company")
and Vicis Capital Master Fund, a trust formed under the laws of the Cayman
Islands (the "Holder").

                                    RECITALS:

      WHEREAS, simultaneously herewith, the Company and the Holder are entering
into a Note Purchase Agreement pursuant to which the Company is issuing the
Holder a secured promissory note convertible into shares of the Company's Common
Stock (the "Note"); and

      WHEREAS, the execution and delivery of this Agreement is a condition to
the closing of the Note Purchase Agreement.

      NOW THEREFORE, in consideration of the agreements set forth herein the
parties agree as follows:

1.    CERTAIN DEFINITIONS.

      As used in this Agreement, the following terms shall have the following
respective meanings:

      "Commission" means the Securities and Exchange Commission, or any other
Federal agency at the time administering the Securities Act.

      "Common Stock" means the Common Stock, $.0005 par value per share, of
the Company and any equity securities issued or issuable with respect to the
Common Stock in connection with a reclassification, recapitalization, merger,
consolidation or other reorganization.

      "Conversion Shares" means the shares of Common Stock or other equity
securities issued or issuable upon conversion of the Note.

      "Exchange Act" means the Securities Exchange Act of 1934, as amended, or
any similar Federal statute, and the rules and regulations of the Commission
issued under such Act, as they each may, from time to time, be in effect.

      "Holder" shall have the meaning set forth in the Preamble.

      "Person" means any individual, corporation, limited liability company,
limited or general partnership, joint venture, association, joint-stock company,
trust, unincorporated organization or government or any agency or political
subdivisions thereof.

      "Registration Statement" means a registration statement filed by the
Company with the Commission for a public offering and sale of securities of the
Company (other than a registration statement on Form S-8 or Form S-4, or their
successors, or any other form for a limited purpose, or any registration
statement covering only securities proposed to be issued in exchange for
securities or assets of another corporation).

<PAGE>

      "Registration Expenses" means the expenses described in Section 4.

      "Registrable Securities" means any (i) Conversion Shares and (ii) shares
of Common Stock issued or issuable, directly or indirectly, with respect to the
Common Stock referenced above. As to any particular Registrable Securities, such
securities shall cease to be Registrable Securities when (i) a registration
statement with respect to the sale of such securities shall have been declared
effective under the Securities Act and such securities shall have been disposed
of in accordance with such registration statement, or (ii) such securities shall
have been sold (other than in a privately negotiated sale) pursuant to Rule 144
(or any successor provision) under the Securities Act, or (iii) the Note has
been paid in full.

      "SEC" means the Securities and Exchange Commission.

      "Securities Act" means the Securities Act of 1933, as amended, or any
similar Federal statute, and the rules and regulations of the Commission issued
under such Act, as they each may from time to time, be in effect.

2.    REGISTRATION.

      (a) If, at any time, the Company proposes or is required to register any
of its equity securities or securities convertible or exchangeable for equity
securities under the Securities Act (other than pursuant to (i) registration on
such form or similar form(s) solely for registration of securities in connection
with an employee benefit plan or dividend reinvestment plan, Form S-8 or (ii) a
merger, consolidation or acquisition, Form S-4), whether or not for its own
account, the Company shall give prompt written notice of its intention to do so
to each of the Holders of record of Registrable Securities. Upon the written
request of any Holder, made within 10 days following the receipt of any such
written notice (which request shall specify the maximum number of Registrable
Securities intended to be disposed of by such Holder and the intended method of
distribution thereof), the Company shall use its best efforts to cause all such
Registrable Securities, the Holders of which have so requested the registration
thereof, to be registered under the Securities Act (with the securities which
the Company at the time proposes to register) to permit the sale or other
disposition by the Holders (in accordance with the intended method of
distribution thereof) of the Registrable Securities to be so registered. There
is no limitation on the number of piggyback registrations pursuant to the
preceding sentence which the Company is obligated to effect.

      (b) The Holder's rights under this Section 2 shall be subject to the
limitation that, in the event that the Company files a Registration Statement
for an underwritten public offering, intending to distribute shares in an
underwritten offering, the inclusion of the Registrable Securities shall be upon
the condition that: (i) if requested by the managing underwriter as a condition
of the offering, they be sold through the underwriters on the same terms and
conditions as are applicable to the Company or all other selling stockholders of
the Company; or (ii) if such condition is imposed by the managing underwriter,
and the Holder does not wish to sell the Registrable Securities upon such terms
and conditions, the Holder will agree not to transfer or otherwise dispose of
any Registrable Securities for a period of time from the effective date of the
Registration Statement (not to exceed 90 days) specified by the managing
underwriter.

                                       2

<PAGE>

      (c) At the election of the Holder, the Registrable Securities may be
registered on behalf of the Holder or the Holders members on a pro rata basis
based on their percentage of ownership of the Note.

3.    REGISTRATION PROCEDURES.

      If and whenever the Company is required by the provisions of this
Agreement to use its best efforts to effect the registration of any of the
Registrable Securities under the Securities Act, the Company shall:

      (a) file with the Commission a Registration Statement with respect to such
Registrable Securities and use its best efforts to cause that Registration
Statement to become and remain effective;

      (b) as expeditiously as possible prepare and file with the Commission any
amendments and supplements to the Registration Statement and the prospectus
included in the Registration Statement as may be necessary to keep the
Registration Statement effective for a period of not less than nine months from
the effective date;

      (c) as expeditiously as possible furnish to Holder such reasonable numbers
of copies of the prospectus, including a preliminary prospectus, inconformity
with the requirements of the Securities Act, and such other documents as the
selling stockholder may reasonably request in order to facilitate the public
sale or other disposition of the Registrable Securities owned by the selling
Stockholder and promptly notify the selling stockholder at any time when a
prospectus is required to be delivered under the Securities Act, of the
happening of any event as a result of which the prospectus would include an
untrue statement of material fact or omit to state any material fact required to
be stated therein or necessary to make the statements therein not misleading in
light of the circumstances then existing; and

      (d) as expeditiously as possible use its best efforts to register or
qualify the Registrable Securities covered by the Registration Statement under
the securities or Blue Sky laws of such states as the selling Stockholders shall
reasonably request, and do any and all other acts and things that may be
necessary or desirable to enable the selling Stockholders to consummate the
public sale or other disposition in such states of the Registrable Securities
owned by the selling Stockholder; provided, however, that the Company shall not
be required in connection with this Section 3(d) to qualify as a foreign
corporation or execute a general consent to service of process in any
jurisdiction.

      If the Company has delivered preliminary or final prospectuses to the
Holder and, after having done so, the prospectus is amended to comply with the
requirements of the Securities Act, the Company shall promptly notify the Holder
and, if requested, the Holder shall immediately cease making offers of
Registrable Securities and return all prospectuses to the Company. The Company
shall promptly provide the Holder with revised prospectuses and, following
receipt of the revised prospectuses, the Holder shall be free to resume making
offers of the Registrable Securities.

                                       3

<PAGE>

4.    ALLOCATION OF EXPENSES.

      The Company will pay all Registration Expenses of all registrations under
this Agreement. For purposes of this Section, the term "Registration Expenses"
shall mean all expenses incurred by the Company in complying with this
Agreement, including, without limitation, all registration and filing fees,
exchange listing fees, printing expenses, fees and disbursements of counsel for
the Company state Blue Sky fees and expenses, and the expense of any special
audits incident to or required by any such registration, but excluding
underwriting discounts, selling commissions and the fees and expenses of
Holder's own counsel.

5.    INDEMNIFICATION; CONTRIBUTION.

      In the event of any registration of any of the Registrable Securities
under the Securities Act pursuant to this Agreement, the Company will indemnify
and hold harmless the seller of such Registrable Securities, and its directors
and officers, each underwriter of such Registrable Securities, and each other
person, if any, who controls such seller or underwriter within the meaning of
the Securities Act or the Exchange Act against any losses, claims, damages or
liabilities, joint or several, to which such seller, underwriter or controlling
person may become subject under the Securities Act, the Exchange Act, state
securities or Blue Sky laws or otherwise, in so far as such losses, claims,
damages or liabilities (or actions in respect thereof) arise out of or are based
upon any untrue statement or alleged untrue statement of any material fact
contained in any Registration Statement under which such Registrable Securities
were registered under the Securities Act, any preliminary prospectus or final
prospectus contained in the Registration Statement, or any amendment or
supplement to such Registration Statement, and any document incorporated therein
by reference or arise out of or are based upon the omission or alleged omission
to state a material fact required to be stated therein or necessary to make the
statements therein not misleading; and the Company will reimburse such seller,
underwriter and each such controlling person for any legal or any other expenses
reasonably incurred by such seller, underwriter or controlling person in
connection with investigating or defending any such loss, claim, damage,
liability or action; provided, however, that the Company will not be liable in
any such case to the extent that any such loss, claim, damage or liability
arises out of or is based upon any untrue statement or omission made in such
Registration Statement, preliminary prospectus or prospectus, or any such
amendment or supplement, in reliance upon and in conformity with information
furnished to the Company, in writing, by or on behalf of such seller,
underwriter or controlling person specifically for use in the preparation
thereof.

      In the event of any registration of any of the Registrable Securities
under the Securities Act pursuant to this Agreement, each seller of Registrable
Securities, severally and not jointly, will indemnify and hold harmless the
Company, each of its directors, and officers and each underwriter (if any) and
each person, if any, who controls the Company or any such underwriter within the
meaning of the Securities Act or the Exchange Act, against any losses, claims,
damages or liabilities, joint or several, to which the Company, such directors
and officers, underwriters or controlling person may become subject under the
Securities Act, Exchange Act, state securities or Blue Sky laws or otherwise,
insofar as such losses, claims, damages or liabilities (or actions in respect
thereof) arise out of or are based upon any untrue statement or alleged untrue
statement of a material fact contained in any Registration Statement under which
such Registrable Securities were registered under the Securities Act, any
preliminary prospectus or final prospectus contained in the Registration
Statement, or any amendment or supplement to the Registration Statement, or
arise out of or are based upon any omission or alleged omission to state a
material fact required to be stated therein or necessary to make the statements
therein not misleading, if the statement or omission was made in reliance upon
and in conformity with information furnished in writing to the Company by or on
behalf of such seller, specifically for use in connection with the preparation
of such Registration Statement, prospectus, amendment or supplement; provided,
however, that the obligations of such seller hereunder shall be limited to an
amount equal to the net proceeds to such seller from Registrable Securities sold
as contemplated herein.

                                       4

<PAGE>

      Each party entitled to Indemnification under this Section 5 (the
"Indemnified Party") shall give notice to the party required to provide
indemnification (the "Indemnifying Party") promptly after such Indemnified Party
has actual knowledge of any claim as to which indemnity may be sought, and shall
permit the Indemnifying Party to assume the defense of any such claim or any
litigation resulting therefrom; providing, that counsel for the Indemnifying
Party, who shall conduct the defense of such claim or litigation, shall be
approved by the Indemnified Party (whose approval shall not be unreasonably
withheld); and, provided, further, that the failure of any Indemnified Party to
give notice as provided herein shall not relieve the Indemnifying Party of its
obligations under this Agreement. The Indemnified Party may participate in such
defense at such party's expense; provided, however, that the Indemnifying Party
shall pay such expense if representation of such Indemnified Party by the
counsel retained by the Indemnifying Party would be inappropriate due to actual
or potential differing interests between the Indemnified Party and any other
party represented by such counsel in such proceeding. No Indemnifying Party, in
the defense of any such claim or litigation shall, except with the consent of
each Indemnified Party, consent to entry of any judgment or enter into any
settlement which does not include as an unconditional term thereof the giving by
the claimant or plaintiff to such Indemnified Party of a release from all
liability in respect of such claim or litigation, and no Indemnified Party shall
consent to entry of any judgment or settle such claim or litigation without the
prior written consent of the Indemnifying Party.

      If the indemnification provided for herein is unavailable to or
insufficient to hold harmless an Indemnified Party hereunder, then each
Indemnifying Party shall contribute to the amount paid or payable by such
Indemnified Party as a result of the losses, claims, damages or liabilities (or
actions or proceedings in respect thereof) referred to herein in such proportion
as is appropriate to reflect the relative fault of the Indemnifying Party on the
one hand and the Indemnified Party on the other in connection with the
statements, omissions, actions, or inactions which resulted in such losses,
claims, damages or liabilities. The relative fault of the Indemnifying Party and
the Indemnified Party shall be determined by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact or the
omission or alleged omission to state a material fact relates to information
supplied by the Indemnifying Party or the Indemnified Party, any action or
inaction by any such party, and the parties' relative intent, knowledge, access
to information, and opportunity to correct or prevent such statement, omission,
action, or inaction. No person guilty of fraudulent misrepresentation (within
the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent
misrepresentation. Promptly after receipt by an Indemnified Party hereunder of
written notice of the commencement of any action, suit, proceeding,
investigation, or threat thereof with respect to which a claim for contribution
may be made against an Indemnifying Party hereunder, such Indemnified Party
shall, if a claim for contribution in respect thereto is to be made against an
Indemnifying Party, give written notice to the Indemnifying Party of the
commencement thereof (if the notice specified herein has not been given with
respect to such action); provided, however, that the failure to so notify the
Indemnifying Party shall not relieve it from any obligation to provide
contribution which it may have to any Indemnified Party hereunder, except to the
extent that the Indemnifying Party is actually prejudiced by the failure to give
notice. The parties hereto agree that it would not be just and equitable if
contribution pursuant hereto were determined by pro rata allocation or by any
other method of allocation which does not take account of equitable
considerations referred to herein.

                                       5

<PAGE>

      The parties hereto agree that it would not be just and equitable if
contribution pursuant to this Section 5 were determined by pro rata allocation
or by any other method of allocation that does not take into account the
equitable considerations referred to in the immediately preceding paragraph.
Notwithstanding the provisions of this Section 5, contribution by any seller of
Registerable Securities shall be limited in amount to the net amount of proceeds
received by such seller from the sale of such Registerable Securities pursuant
to such Registration Statement.

      If indemnification is available hereunder, the Indemnifying Parties shall
indemnify each Indemnified Party to the fullest extent provided herein, without
regard to the relative fault of said Indemnifying Party or Indemnified Party or
any other equitable consideration provided for herein. The provisions hereof
shall be in addition to any other rights to indemnification or contribution
which any Indemnified Party may have pursuant to law or contract, shall remain
in full force and effect regardless of any investigation made by or on behalf of
any Indemnified Party, and shall survive the transfer of securities by any such
party.

6.    INDEMNIFICATION WITH RESPECT TO UNDERWRITTEN OFFERING.

      In the event that Registrable Securities are sold pursuant to a
Registration Statement in an underwritten offering, the Company agrees to enter
into an underwriting agreement containing customary representations and
warranties with respect to the business and operations of an issuer of the
securities being registered and customary covenants and agreements to be
performed by such issuer, including without limitation customary provisions with
respect to indemnification by the Company of the underwriters of such offering.

7.    INFORMATION BY HOLDER.

      The Holder shall furnish to the Company such information regarding such
Holder and the distribution proposed by such Holder as the Company may request
in writing and as shall be required in connection with any registration,
qualification or compliance referred to in this Agreement.

8.    SELECTION OF UNDERWRITER.

      In the case of any registration effected pursuant to this Agreement, the
Company shall have the right to designate the managing underwriter in any
underwritten offering with the consent of the Holder, which shall not be
unreasonably withheld.

9.    SUCCESSORS AND ASSIGNS.

      The provisions of this Agreement shall be binding upon, and inure to the
benefit of, the respective successors, assigns, heirs, executors and
administrators of the parties hereto.

                                       6

<PAGE>

10.   FURTHER ASSURANCES.

      From and after the date hereof, all persons subject to or bound by this
Agreement shall from time to time, at the request of any such other person and
without further consideration, do, execute and deliver, or cause to be done,
executed and delivered, all such further acts, things and instruments as may
reasonably be requested or required more effectively to evidence and give effect
to the provisions, intent and purposes of this Agreement (including, without
limitation, certificates to the effect that this Agreement continues operative
and as to any defaults hereunder or modifications hereof).

11.   NOTICE.

      All notices, requests, demands, offerings, acceptances, consents and other
communications required or permitted under this Agreement shall, unless
otherwise provided, be in writing and shall be deemed to have been duly given if
personally delivered and actually received or if mailed by first class
registered or certified mail, return receipt requested, or by first class mail,
addressed to the parties hereto at their respective addresses set forth on the
first page of this Agreement or in each case to such other person or address as
may be designated by notice hereunder. Any such notice, etc. shall be deemed
given on the date of delivery, if delivered, or on the fifth day after the date
of mailing, if mailed.

12.   GOVERNING LAW; INTERPRETATION.

      (a) This Agreement shall be governed by and construed and enforced in
accordance with the laws of the State of New York applicable to contracts made
and to be performed exclusively therein as to all matters, without reference to
the conflicts of law provision thereof.

      (b) All pronouns and words shall be read in appropriate number and gender,
the masculine, feminine and neuter shall be interpreted interchangeably and
singular shall include the plural and vice versa, as the circumstances may
require.

13.   SUBMISSION TO JURISDICTION.

      Each of the parties hereto irrevocably submits to the non-exclusive
jurisdiction of the federal and state courts located in Florida and New York.

                            [SIGNATURE PAGE FOLLOWS]

                                       7

<PAGE>

      IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and
seals to this instrument, as of the date first above written.

                                           MEDICAL MEDIA TELEVISION, INC.

                                           By: /s/ Philip Cohen
                                               ---------------------------------
                                               Philip Cohen,
                                               President and CEO

                                           HOLDER:

                                           VICIS CAPITAL MASTER FUND
                                             By: Vicis Capital LLC

                                           By: /s/ Shad Stastney
                                               ---------------------------------
                                              Shad Stastney,
                                              Chief Operating Officer

                                       8Exhibit 10.04-Security Agreement between the Company and Vicis Capital Master
Fund

                               SECURITY AGREEMENT

      THIS SECURITY AGREEMENT (this "Security Agreement") is made as of August
11, 2006 by and between MEDICAL MEDIA TELEVISION, INC., a Florida corporation
("Debtor"), and VICIS CAPITAL MASTER FUND ("Vicis"), a trust formed under the
laws of the Cayman Islands.

                                    RECITALS

      A. Pursuant to a Note Purchase Agreement of even date herewith by and
between Vicis and Debtor (as amended or modified from time to time, the "Note
Purchase Agreement") and a 10% Secured Convertible Promissory Note due August
11, 2007 issued by Debtor to Vicis (as amended or modified from time to time,
the "Note"), Vicis has made a $1,302,000 loan (the "Loan") to Debtor.

      B. It is a condition precedent to Vicis making the Loan that Debtor
execute and deliver to Vicis a security agreement in the form hereof. This is
the Security Agreement referred to in the Note Purchase Agreement.

                                   AGREEMENTS

      In consideration of the Recitals and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
Debtor hereby agrees with Vicis as follows:

                                    ARTICLE I
                                   DEFINITIONS

      Capitalized terms not defined herein shall have the meaning given to them
in the Note Purchase Agreement. Terms not otherwise defined herein and defined
in the UCC shall have, unless the context otherwise requires, the meanings set
forth in the UCC as in effect on the date hereof (except that the term
"document" shall only have the meaning set forth in the UCC for purposes of
clause (d) of the definition of Collateral). When used in this Security
Agreement, the following terms shall have the following meanings:

      Accounts. "Accounts" shall mean all accounts, including without limitation
all rights to payment for goods sold or services rendered that are not evidenced
by instruments or chattel paper, whether or not earned by performance, and any
associated rights thereto.

      Collateral. "Collateral" shall mean all personal properties and assets of
Debtor, wherever located, whether tangible or intangible, and whether now owned
or hereafter acquired or arising, including without limitation:

            (a) all Inventory and documents relating to Inventory;

            (b) all Accounts and documents relating to Accounts;

<PAGE>

            (c) all equipment, fixtures and other goods, including without
limitation machinery, furniture, vehicles and trade fixtures;

            (d) all general intangibles (including without limitation payment
intangibles, software, customer lists, sales records and other business records,
contract rights, causes of action, and licenses, permits, franchises, patents,
copyrights, trademarks, and goodwill of the business in which the trademark is
used, trade names, or rights to any of the foregoing), promissory notes,
contract rights, chattel paper, documents, letter-of-credit rights and
instruments;

            (e) all motor vehicles;

            (f) (i) all deposit accounts and (ii) all cash and cash equivalents
deposited with or delivered to Vicis from time to time and pledged as additional
security for the Obligations;

            (g) all investment property;

            (h) all commercial tort claims; and

            (i) all additions and accessions to, all spare and repair parts,
special tools, equipment and replacements for, and all supporting obligations,
proceeds and products of, any and all of the foregoing assets described in
Sections (a) through (h), inclusive, above.

      Event of Default. "Event of Default" shall have the meaning specified in
the Note Purchase Agreement.

      Inventory. "Inventory" shall mean all inventory, including without
limitation all goods held for sale, lease or demonstration or to be furnished
under contracts of service, goods leased to others, trade-ins and repossessions,
raw materials, work in process and materials used or consumed in Debtor's
business, including, without limitation, goods in transit, wheresoever located,
whether now owned or hereafter acquired by Debtor, and shall include such
property the sale or other disposition of which has given rise to Accounts and
which has been returned to or repossessed or stopped in transit by Debtor.

      Obligations. "Obligations" shall mean (a) the principal of, and interest
on, the Note, and any renewal, extension or refinancing thereof; (b) all debts,
liabilities, obligations, covenants and agreements of Debtor contained in the
Transaction Documents; and (c) any and all other debts, liabilities and
obligations of Debtor to Vicis.

      Person. "Person" shall mean and include an individual, partnership,
corporation, trust, unincorporated association and any unit, department or
agency of government.

      Security Agreement. "Security Agreement" shall mean this Security
Agreement, together with the schedules attached hereto, as the same may be
amended, supplemented or otherwise modified from time to time in accordance with
the terms hereof.

                                       2

<PAGE>

      Security Interest. "Security Interest" shall mean the security interest of
Vicis in the Collateral granted by Debtor pursuant to this Security Agreement.

      UCC. "UCC" shall mean the Uniform Commercial Code as adopted in Florida
and in effect from time to time.

                                   ARTICLE II
              THE SECURITY INTEREST; REPRESENTATIONS AND WARRANTIES

      2.1 The Security Interest. To secure the full and complete payment and
performance when due (whether at stated maturity, by acceleration, or otherwise)
of each of the Obligations, Debtor hereby grants to Vicis a security interest in
all of Debtor's right, title and interest in and to the Collateral.

      2.2 Representations and Warranties. Debtor hereby represents and warrants
to Vicis that:

            (a) The records of Debtor with respect to the Collateral are
presently located only at the address(es) listed on Schedule 1 attached to this
Security Agreement.

            (b) The Collateral is presently located only at the location(s)
listed on Schedule 1 attached to this Security Agreement.

            (c) The chief executive office and chief place(s) of business of
Debtor are presently located at the address(es) listed on Schedule 1 to this
Security Agreement.

            (d) Debtor is a Florida corporation and its exact legal name is set
forth in the definition of "Debtor" in the introductory paragraph of this
Security Agreement. The organization identification number of Debtor is listed
on Schedule 1 to this Security Agreement.

            (e) All of Debtor's present patents and trademarks, if any,
including those which have been registered with, or for which an application for
registration has been filed in, the United States Patent and Trademark Office
are listed on Schedule 2 attached to this Security Agreement. All of Debtor's
present copyrights registered with, or for which an application for registration
has been filed in, the United States Copyright Office or any similar office or
agency of any state or any other country are listed on Schedule 2 attached to
this Security Agreement.

            (f) Debtor has good title to, or valid leasehold interest in, all of
the Collateral and there are no Liens on any of the Collateral except Permitted
Liens.

      2.3 Authorization to File Financing Statements. Debtor hereby irrevocably
authorizes Vicis at any time and from time to time to file in any UCC
jurisdiction any initial financing statements and amendments thereto that (a)
indicate the Collateral (i) as all assets of Debtor or words of similar effect,
regardless of whether any particular asset comprised in the Collateral falls
within the scope of Article 9 of the UCC or such other jurisdiction, or (ii) as
being of an equal or lesser scope or with greater detail, and (b) contain any
other information required by part 5 of Article 9 of the UCC for the sufficiency
of filing office acceptance of any financing statement or amendment, including
whether Debtor is an organization, the type of organization and any state or
federal organization identification number issued to Debtor. Debtor agrees to
furnish any such information to Vicis promptly upon request. Debtor also
ratifies its authorization for Vicis to have filed in any UCC jurisdiction any
like initial financing statements or amendments thereto if filed prior to the
date hereof.

                                       3

<PAGE>

                                  ARTICLE III
                              AGREEMENTS OF DEBTOR

      From and after the date of this Security Agreement, and until all of the
Obligations are paid in full, Debtor shall:

      3.1 Sale of Collateral. Not sell, lease, transfer or otherwise dispose of
Collateral or any interest therein, except as provided for in the Note Purchase
Agreement and for sales of Inventory in the ordinary course of business.

      3.2 Maintenance of Security Interest.

            (a) At the expense of Debtor, defend the Security Interest against
any and all claims of any Person adverse to Vicis and take such action and
execute such financing statements and other documents as Vicis may from time to
time request to maintain the perfected status of the Security Interest. Debtor
shall not further encumber or grant a security interest in any of the Collateral
except as provided for in the Note Purchase Agreement.

            (b) Debtor further agrees to take any other action requested by
Vicis to ensure the attachment, perfection and first priority of, and the
ability of Vicis to enforce its security interest in any and all of the
Collateral including, without limitation, (i) executing, delivering and, where
appropriate, filing financing statements and amendments relating thereto under
the UCC, to the extent, if any, that Debtor's signature thereon is required
therefor, (ii) complying with any provision of any statute, regulation or treaty
of the United States as to any Collateral if compliance with such provision is a
condition to attachment, perfection or priority of, or ability of Vicis to
enforce, its security interest in such Collateral, (iii) taking all actions
required by any earlier versions of the UCC (to the extent applicable) or by
other law, as applicable in any relevant UCC jurisdiction, or by other law as
applicable in any foreign jurisdiction, and (iv) obtaining waivers from
landlords where any of the tangible Collateral is located in form and substance
satisfactory to Vicis.

      3.3 Locations. Give Vicis at least thirty (30) days prior written notice
of Debtor's intention to relocate the tangible Collateral (other than Inventory
in transit) or any of the records relating to the Collateral from the locations
listed on Schedule 1 attached to this Security Agreement, in which event
Schedule 1 shall be deemed amended to include the new location. Any additional
filings or refilings requested by Vicis as a result of any such relocation in
order to maintain the Security Interest in the Collateral shall be at Debtor's
expense.

      3.4 Insurance. Keep the Collateral consisting of tangible personal
property insured against loss or damage to the Collateral under a policy or
policies covering such risks as are ordinarily insured against by similar
businesses, but in any event including fire, lightning, windstorm, hail,
explosion, riot, riot attending a strike, civil commotion, damage from aircraft,
smoke and uniform standard extended coverage and vandalism and malicious
mischief endorsements, limited only as may be provided in the standard form of
such endorsements at the time in use in the applicable state. Such insurance
shall be for amounts not less than the actual replacement cost of the
Collateral. No policy of insurance shall be so written that the proceeds thereof
will produce less than the minimum coverage required by the preceding sentence,
by reason of co-insurance provisions or otherwise, without the prior consent
thereto in writing by Vicis. Debtor will obtain lender's loss payable
endorsements on applicable insurance policies in favor of Vicis and will provide
certificates of such insurance to Vicis. Debtor shall cause each insurer to
agree, by endorsement on the policy or policies or certificates of insurance
issued by it or by independent instrument furnished to Vicis, that such insurer
will give thirty (30) days written notice to Vicis before such policy will be
altered or canceled. No settlement of any insurance claim shall be made without
Vicis's prior consent. In the event of any insured loss, Debtor shall promptly
notify Vicis thereof in writing, and Debtor hereby authorizes and directs any
insurer concerned to make payment of such loss directly to Vicis as its interest
may appear. Vicis is authorized, in the name and on behalf of Debtor, to make
proof of loss and to adjust, compromise and collect, in such manner and amounts
as it shall determine, all claims under all policies; and Debtor agrees to sign,
on demand of Vicis, all receipts, vouchers, releases and other instruments which
may be necessary or desirable in aid of this authorization. The proceeds of any
insurance from loss, theft, or damage to the Collateral shall be held in a
segregated account established by Vicis and disbursed and applied at the
discretion of Vicis, either in reduction of the Obligations or applied toward
the repair, restoration or replacement of the Collateral.

                                       4

<PAGE>

      3.5 Name; Legal Status. (a) Without providing at least 30 days prior
written notice to Vicis, Debtor will not change its name, its place of business
or, if more than one, chief executive office, or its mailing address or
organizational identification number if it has one, (b) if Debtor does not have
an organizational identification number and later obtains one, Debtor shall
forthwith notify Vicis of such organizational identification number, and (c)
Debtor will not change its type of organization or jurisdiction of organization.

                                   ARTICLE IV
                               RIGHTS AND REMEDIES

      4.1 Right to Cure. In case of failure by Debtor to procure or maintain
insurance, or to pay any fees, assessments, charges or taxes arising with
respect to the Collateral, Vicis shall have the right, but shall not be
obligated, to effect such insurance or pay such fees, assessments, charges or
taxes, as the case may be, and, in that event, the cost thereof shall be payable
by Debtor to Vicis immediately upon demand, together with interest at an annual
rate equal 10% from the date of disbursement by Vicis to the date of payment by
Debtor.

      4.2 Rights of Parties. Upon the occurrence and during the continuance of
an Event of Default, in addition to all the rights and remedies provided in the
Transaction Documents or in Article 9 of the UCC and any other applicable law,
Vicis may (but is under no obligation so to do):

            (a) require Debtor to assemble the Collateral at a place designated
by Vicis, which is reasonably convenient to the parties; and

                                       5

<PAGE>

            (b) take physical possession of Inventory and other tangible
Collateral and of Debtor's records pertaining to all Collateral that are
necessary to properly administer and control the Collateral or the handling and
collection of Collateral, and sell, lease or otherwise dispose of the Collateral
in whole or in part, at public or private sale, on or off the premises of
Debtor; and

            (c) collect any and all money due or to become due and enforce in
Debtor's name all rights with respect to the Collateral; and

            (d) settle, adjust or compromise any dispute with respect to any
Account; and

            (e) receive and open mail addressed to Debtor; and

            (f) on behalf of Debtor, endorse checks, notes, drafts, money
orders, instruments or other evidences of payment.

      4.3 Power of Attorney. Upon the occurrence and during the continuance of
an Event of Default, Debtor does hereby constitute and appoint Vicis as Debtor's
true and lawful attorney with full power of substitution for Debtor in Debtor's
name, place and stead for the purposes of performing any obligation of Debtor
under this Security Agreement and taking any action and executing any instrument
which Vicis may deem necessary or advisable to perform any obligation of Debtor
under this Security Agreement, which appointment is irrevocable and coupled with
an interest, and shall not terminate until the Obligations are paid in full.

      4.4 Right to Collect Accounts. Upon the occurrence and during the
continuance of an Event of Default and without limiting Debtor's obligations
under the Transaction Documents: (a) Debtor authorizes Vicis to notify any and
all debtors on the Accounts to make payment directly to Vicis (or to such place
as Vicis may direct); (b) Debtor agrees, on written notice from Vicis, to
deliver to Vicis promptly upon receipt thereof, in the form in which received
(together with all necessary endorsements), all payments received by Debtor on
account of any Account; and (c) Vicis may, at its option, apply all such
payments against the Obligations or remit all or part of such payments to
Debtor.

      4.5 Reasonable Notice. Written notice, when required by law, sent in
accordance with the provisions of Section 12.6 of the Note Purchase Agreement
and given at least ten (10) business days (counting the day of sending) before
the date of a proposed disposition of the Collateral shall be reasonable notice.

      4.6 Limitation on Duties Regarding Collateral. The sole duty of Vicis with
respect to the custody, safekeeping and physical preservation of the Collateral
in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal
with it in the same manner as Vicis deals with similar property for its own
account. Neither Vicis nor any of its directors, officers, employees or agents,
shall be liable for failure to demand, collect or realize upon any of the
Collateral or for any delay in doing so or shall be under any obligation to sell
or otherwise dispose of any Collateral upon the request of Debtor or otherwise.

      4.7 Lock Box; Collateral Account. This Section 4.7 shall be effective only
upon the occurrence and during the continuance of an Event of Default. If Vicis
so requests in writing, Debtor will direct each of its debtors on the Accounts
to make payments due under the relevant Account or chattel paper directly to a
special lock box to be under the control of Vicis. Debtor hereby authorizes and
directs Vicis to deposit into a special collateral account to be established and
maintained by Vicis all checks, drafts and cash payments received in said lock
box. All deposits in said collateral account shall constitute proceeds of
Collateral and shall not constitute payment of any Obligation until so applied.
At its option, Vicis may, at any time, apply finally collected funds on deposit
in said collateral account to the payment of the Obligations, in the order of
application selected in the sole discretion of Vicis, or permit Debtor to
withdraw all or any part of the balance on deposit in said collateral account.
If a collateral account is so established, Debtor agrees that it will promptly
deliver to Vicis, for deposit into said collateral account, all payments on
Accounts and chattel paper received by it. All such payments shall be delivered
to Vicis in the form received (except for Debtor's endorsement where necessary).
Until so deposited, all payments on Accounts and chattel paper received by
Debtor shall be held in trust by Debtor for and as the property of Vicis and
shall not be commingled with any funds or property of Debtor.

                                       6

<PAGE>

      4.8 Application of Proceeds. Vicis shall apply the proceeds resulting from
any sale or disposition of the Collateral in the following order:

            (a) to the costs of any sale or other disposition;

            (b) to the expenses incurred by Vicis in connection with any sale or
other disposition, including attorneys' fees;

            (c) to the payment of the Obligations then due and owing in any
order selected by Vicis; and

            (d) to Debtor.

      4.9 Other Remedies. No remedy herein conferred upon Vicis is intended to
be exclusive of any other remedy and each and every such remedy shall be
cumulative and shall be in addition to every other remedy given under this
Security Agreement and the Transaction Documents now or hereafter existing at
law or in equity or by statute or otherwise. No failure or delay on the part of
Vicis in exercising any right or remedy hereunder shall operate as a waiver
thereof nor shall any single or partial exercise of any right hereunder preclude
other or further exercise thereof or the exercise of any other right or remedy.

                                    ARTICLE V
                                  MISCELLANEOUS

      5.1 Expenses and Attorneys' Fees. Debtor shall pay all fees and expenses
incurred by Vicis, including the fees of counsel including in-house counsel, in
connection with the preparation, administration and amendment of this Security
Agreement and the protection, administration and enforcement of the rights of
Vicis under this Security Agreement or with respect to the Collateral, including
without limitation the protection and enforcement of such rights in any
bankruptcy.

      5.2 Setoff. Debtor agrees that Vicis shall have all rights of setoff and
bankers' lien provided by applicable law.

                                       7

<PAGE>

      5.3 Assignability; Successors. Debtor's rights and liabilities under this
Security Agreement are not assignable or delegable, in whole or in part, without
the prior written consent of Vicis. The provisions of this Security Agreement
shall inure to the benefit of and be binding upon the successors and assigns of
the parties.

      5.4 Survival. All agreements, representations and warranties made in this
Security Agreement or in any document delivered pursuant to this Security
Agreement shall survive the execution and delivery of this Security Agreement,
and the delivery of any such document.

      5.5 Governing Law. This Security Agreement shall be governed by, and
construed and interpreted in accordance with, the laws of the State of New York
applicable to contracts made and wholly performed within such state.

      5.6 Counterparts; Headings. This Security Agreement may be executed in
several counterparts, each of which shall be deemed an original, but such
counterparts shall together constitute but one and the same agreement. The
article and section headings in this Security Agreement are inserted for
convenience of reference only and shall not constitute a part hereof.

      5.7 Notices. All communications or notices required or permitted by this
Security Agreement shall be given to Debtor in accordance with Section 12.6 of
the Note Purchase Agreement.

      5.8 Amendment. No amendment of this Security Agreement shall be effective
unless in writing and signed by Debtor and Vicis.

      5.9 Severability. Any provision of this Security Agreement which is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions of this Security Agreement in such
jurisdiction or affecting the validity or enforceability of any provision in any
other jurisdiction.

      5.10 WAIVER OF RIGHT TO JURY TRIAL. VICIS AND DEBTOR ACKNOWLEDGE AND AGREE
THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS SECURITY AGREEMENT WOULD BE
BASED UPON DIFFICULT AND COMPLEX ISSUES AND, THEREFORE, THE PARTIES AGREE THAT
ANY LAWSUIT ARISING OUT OF ANY SUCH CONTROVERSY SHALL BE TRIED IN A COURT OF
COMPETENT JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.

      5.11 Submission to Jurisdiction. As a material inducement to Vicis to make
the Loan:

            (a) DEBTOR AGREES THAT ALL ACTIONS OR PROCEEDINGS IN ANY MANNER
RELATING TO OR ARISING OUT OF THIS SECURITY AGREEMENT MAY BE BROUGHT ONLY IN
COURTS OF THE STATE OF NEW YORK LOCATED IN NEW YORK COUNTY OR THE FEDERAL COURT
FOR THE SOUTHERN DISTRICT OF NEW YORK AND DEBTOR CONSENTS TO THE JURISDICTION OF
SUCH COURTS. DEBTOR WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE TO THE
VENUE OF ANY SUCH COURT AND ANY RIGHT IT MAY HAVE NOW OR HEREAFTER HAVE TO CLAIM
THAT ANY SUCH ACTION OR PROCEEDING IS IN AN INCONVENIENT COURT; AND

                                       8

<PAGE>

(b) Debtor consents to the service of process in any such action or proceeding
by certified mail sent to Debtor at the address specified in Section 12.6 of the
Note Purchase Agreement.

                            (signature page follows)

                                       9

<PAGE>

       IN WITNESS WHEREOF, this Security Agreement has been executed as of
the day and year first above written.

                                           MEDICAL MEDIA TELEVISION, INC.

                                           By: /s/ Philip M. Cohen
                                               ---------------------------------
                                           Name: Philip M. Cohen
                                           Title: President and Chief Executive
                                                  Officer

                                           VICIS CAPITAL MASTER FUND
                                             By: Vicis Capital LLC

                                           By: /s/ Shad Stastney
                                               ---------------------------------
                                           Name: Shad Stastney
                                           Title: Chief Operating Officer

                                       10

<PAGE>

                        SCHEDULE 1 TO SECURITY AGREEMENT

                             Locations of Collateral

Organizational ID: 59-3645932

Address of Debtor's records of Collateral and chief executive office:

      8406 Benjamin Road, Suite C
      Tampa, FL 33634

Collateral Locations:

      8406 Benjamin Road, Suite C
      Tampa, FL 33634

<PAGE>

                        SCHEDULE 2 TO SECURITY AGREEMENT

                              Intellectual Property

Patents - None

Trademarks - None

Copyrights - None

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