Document:

Exhibit 10.32

April
10, 2009 Amendment and Allonge

to Convertible Line of
Credit Note dated as of June 8, 2006

from Brightec, Inc. f/k/a Advanced Lumitech, Inc.

to Ross/Fialkow Capital Partners LLP, Trustee of Brightec Capital Trust

          This
Amendment and Allonge is made as of this 10th day of April to a
certain $750,000 Convertible Credit Note dated as of June 8, 2006, as
previously amended (the “Note”) from Brightec, Inc., f/k/a Advanced Lumitech,
Inc., a Nevada corporation with a place of business at 8C Pleasant Street S.,
Natick, Massachusetts 01760 (the “Borrower”)
to Ross/Fialkow Capital Partners LLP, Trustee of Brightec Capital Trust,
a Massachusetts nominee trust established under Declaration of Trust dated June
8, 2006, and with a place of business at 38 Glen Avenue, Newton, Massachusetts
02459 (the “Lender”).

          For
good and valuable consideration, the receipt and legal sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:

	
  

 	
  

 	
  

 
	
  

 	
 1.

 	
      The
 Note shall be and is hereby amended to reflect the Lender’s agreement to
 extend the Maturity Date of the Note from December 31, 2008 to December 31,
 2009 by deleting the phrase “December 31, 2008 (“Maturity Date ”)” as
 it appears in the first paragraph of the Note, and substituting in its place
 the following phrase: “on or before December 31, 2009 (“Maturity Date”)”.

 
	
  

 	
  

 	
  

 
	
  

 	
 2.

 	
      The
 Note shall be and is hereby amended to reduce the interest rate payable on
 principal outstanding thereunder retroactive to April 1, 2009 from twenty
 (20%) percent to ten (10%) percent. In furtherance thereof, the phrase “twenty
 (20%) percent” as it appears in the first paragraph of the Note
 shall be deleted and the phrase “ten (10%) percent” shall be substituted
 in its place. 

 
	
  

 	
  

 	
  

 
	
  

 	
 3.

 	
      The
 Borrower certifies that there are no defenses, offsets or counterclaims as of
 the date hereof to its obligations under the Note. The Borrower further
 agrees and acknowledges that the Note as amended hereby shall continue to be
 secured pursuant to the Loan Agreement and that the Note as so amended shall
 remain enforceable against the Borrower in accordance with its terms

 
	
  

 	
  

 	
  

 
	
  

 	
 4.

 	
      This
 Amendment and Allonge shall be executed in two or more original counterparts,
 and an original counterpart shall be appended to the Note. Except as stated
 herein and/or amended hereby, all other terms, conditions and provisions of
 the Note shall remain in full force and effect

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 EXECUTED as a sealed
 instrument as of the date first above written.

 

	
  

 	
  

 	
  

 	
  

 
	
 WITNESS:

 	
  

 	
 BRIGHTEC, INC.

 
	
  

 	
  

 	
  

 	
  

 
	
  

 	
  

 	
 By:

 	
  

 
	 

 	
  

 	
  

 	 

 
	
  

 	
  

 	
  

 	
 Patrick Planche, President

 
	
  

 	
  

 	
  

 	
  

 
	
 WITNESS:

 	
  

 	
 ROSS/FIALKOW CAPITAL
 PARTNERS LLP,

 TRUSTEE OF BRIGHTEC CAPITAL TRUST

 
	
  

 	
  

 	
  

 	
  

 
	
  

 	
  

 	
 By:

 	
  

 
	 

 	
  

 	
  

 	 

 
	
  

 	
  

 	
  

 	
 Jeffrey P. Ross, ManagerExhibit 10.33

AMENDMENT
AND WAIVER AGREEMENT

DATED AS OF April 10, 2009
TO

LOAN AND SECURITY AGREEMENT

DATED AS OF JUNE 8, 2006 BETWEEN

ROSS/FIALKOW CAPITAL PARTNERS LLP, TRUSTEE OF 
BRIGHTEC CAPITAL TRUST 
AND

BRIGHTEC, INC.

          This
Amendment and Waiver Agreement is entered into as of this 10th day
of April 2009 by and between Ross/Fialkow Capital Partners LLP, Trustee of
Brightec Capital Trust, a Massachusetts nominee trust established under
Declaration of Trust dated June 8, 2006, and with a place of business at 38 Glen
Avenue, Newton, Massachusetts 02459 (the “Lender”) and Brightec, Inc., f/k/a
Advanced Lumitech, Inc., a Nevada corporation with a place of business at 8C
Pleasant Street S., Natick, Massachusetts 01760 (the “Borrower”). 

          WHEREAS,
the Lender and the Borrower are parties to a certain Loan and Security
Agreement dated as of June 8, 2006, as amended (the “Loan Agreement”), pursuant
to which the Lender has established a $750,000 line of credit facility for the
Borrower; and 

          WHEREAS,
the Parties have agreed that the Loan Agreement shall be amended to (i) extend
the Termination Date set forth in Section 1.6 of the Loan Agreement to December
31, 2009; and (ii) to reflect the
Lender’s agreement to reduce the interest rate payable on loans from twenty
(20%) percent to ten (10%) percent effective as of April 1, 2009; 

          WHEREAS,
the Borrower has requested, and the Lender has agreed to waive Borrower’s
existing payment default (and in connection therewith to retract its related
notice of default letter) and to provide Borrower with a grace period until
June 30, 2009 to bring current its past due payments through March 31, 2009
aggregating $65,592.14; and 

          WHEREAS,
in consideration for the accommodations herein granted to Borrower by the
Lender, the Borrower has agreed to issue to Lender 125,000 shares of its common
stock no later than May 31, 2009. 

          NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained
herein and other good and valuable consideration, the parties agree as follows
(with any capitalized term not otherwise defined herein having the meaning
ascribed to them in the Loan Agreement):

1.     
Extension of Line of Credit Termination
Date to December 31, 2009. The
Loan Agreement shall be and hereby is amended to provide that the Termination
Date set forth in Section 1.6 of the Loan Agreement shall be December 31,
2009. Borrower agrees and acknowledges
that the Lender’s conversion option as set forth in Section 1.6 shall also be
extended to December 31, 2009. Borrower
also agrees that notwithstanding the extension of the Termination Date, the
Lender shall have no further obligation to make additional loans or advances of
principal under the Loan Agreement, that any further advances of principal
under the Loan Agreement shall be at the Lender’s sole discretion and that any
commitment on the part of the Lender to make additional advances in excess of
the principal balance currently outstanding is hereby terminated.

2.     Reduction
of Interest Rate  The following sentence shall be added to
the end of paragraph 1.3 to reflect the Lender’s agreement to reduce the
interest rate from 20% to 10% as of April 1, 2009. “Effective April 1, 2009, the aggregate principal Loan balance
outstanding shall bear interest thereon at a fixed per annum rate equal to ten
(10%) percent (computed on the basis of the actual number of days elapsed over
a year of 360 days), and shall be payable monthly in arrears on the first day
of each month, commencing May 1, 2009.

3     Waiver
of Payment Default The Lender
hereby waives Borrower’s existing payment defaults (and in connection therewith,
retracts its January 5, 2009 notice of default) and agrees (subject to
Borrower’s compliance with its obligations in the following paragraph) to
extend the grace period for curing such payment defaults (which aggregate
$65,592.14 through March 31, 2009) until June 31, 2009. The foregoing waiver does not constitute an
agreement by the Lender to waive any other payment or other obligation or covenant
contained in the Loan Agreement or in any of the Loan Documents, nor shall this
waiver be deemed to create a course of dealing between the parties or an
agreement by the Lender to grant any further grace periods, extensions or
waivers of Borrower’s compliance with the aforesaid payment obligation or any
other covenants or undertakings of the Borrowers at any other time. 

4.     Issuance
of 125,000 Shares of Common Stock to Lender In consideration of Lender’s agreements to (i) waive Borrower’s
existing payment defaults and extend the cure period for such defaults until
June 31, 2009; (ii) reduce the interest rate payable on the Loan from twenty
(20) percent to ten (10) percent; and (iii) extend the Termination Date until
December 31, 2009, the Borrower agrees to issue to the Lender One Hundred and
Twenty Five Thousand (125,000) shares of its common stock no later than May 31,
2009. Such stock issuance shall be
certificated and duly registered on Borrower’s books and records. Borrower acknowledges that its failure to
honor such obligation shall be material breach and an Event of Default under
the Loan Agreement and the Loan Documents, and shall entitle the Lender to
withdraw the aforesaid accommodations. 

5.     No
Default Taking into account the
waiver and amendments set forth herein, the Borrower represents that all of the
representations and warranties made by the Borrower in the Loan Agreement are
true and correct on the date hereof as if made on and as of this date, and that
no Event of Default under the Loan Agreement has occurred and is continuing.

2

6.     Ratification
of Obligations. The Borrower
(i) reaffirms and ratifies its Obligations to the Lender under the Loan
Agreement as amended hereby and under all Loan Documents, (ii) certifies that
there are no defenses, offsets or counterclaims as of the date hereof to the
Obligations, (iii) confirms and ratifies its continuing grant of security
interests in the Collateral granted by Borrower to and in favor of the Lender
as set forth in the Loan Agreement, and (iv) agrees that the Loan Agreement as
amended hereby and all other Loan Documents shall remain in full force and
effect, enforceable in accordance with their respective terms. 

          This
Amendment and Waiver Agreement shall take effect as a sealed instrument and
shall be governed by and construed in accordance with the laws of the
Commonwealth of Massachusetts.

	
  

 	
  

 	
  

 	
  

 
	
 WITNESS:

 	
  

 	
 BRIGHTEC, INC.

 
	
  

 	
  

 	
  

 	
  

 
	
  

 	
  

 	
 By:

 	
  

 
	 

 	
  

 	
  

 	 

 
	
  

 	
  

 	
  

 	
 Patrick Planche, President

 
	
  

 	
  

 	
  

 	
  

 
	
 WITNESS:

 	
  

 	
 ROSS/FIALKOW CAPITAL
 PARTNERS LLP,

 TRUSTEE OF BRIGHTEC CAPITAL TRUST

 
	
  

 	
  

 	
  

 	
  

 
	
  

 	
  

 	
 By:

 	
  

 
	 

 	
  

 	
  

 	 

 
	
  

 	
  

 	
  

 	
 Jeffrey P. Ross, Manager

 

GUARANTOR CONSENT AND RATIFICATION OF GUARANTY

The undersigned Guarantor
hereby this 10th day of
April 2009 consents to the aforesaid Amendment and Waiver Agreement and
ratifies, reaffirms and confirms its unlimited Guaranty of the payment and
performance of all obligations of Brightec, Inc. to Ross/Fialkow Capital
Partners LLP, Trustee of Brightec Capital Trust whether now existing or
hereafter arising, including all Obligations under the Loan Agreement and Note
as hereby amended, and further confirms that all collateral granted to secure
its Guaranty shall continue to secure all such Obligations. 

	
  

 	
  

 	
  

 
	
  

 	
  

 	
 BRIGHTEC,
 S.A.

 
	
  

 	
  

 	
  

 	
  

 
	
  

 	
  

 	
 By:

 	
  

 
	
  

 	
  

 	
  

 	 

 
	
  

 	
  

 	
  

 	
 Patrick Planche, President and Director

 

3

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