Document:

Third
Amended and Restated GUARANTOR SECURITY AGREEMENT

THIS THIRD AMENDED
and Restated GUARANTOR SECURITY AGREEMENT (this “Security Agreement”) is dated as of September 16, 2011,
by and among OptimizeRx Corporation, a Michigan corporation (“Debtor”) and
Vicis Capital Master Fund (“Vicis”), a sub-trust of Vicis Capital Series Master Trust, a unit trust organized
and existing under the laws of the Cayman Islands, and amends and restates the 2010 Security Agreement (as defined below).

R E C I T A
L S

WHEREAS, Debtor
is a wholly owned subsidiary of OptimizeRx Corporation, a Nevada corporation (“Issuer”).

WHEREAS,
Debtor, Physicians Interactive Inc., a Delaware corporation (“PI”)
and Vicis are parties to that certain Second Amended and Restated Guarantor Security Agreement dated as of October 5, 2010 between
Debtor, PI and Vicis (the “2010 Security Agreement”).

WHEREAS,
pursuant to a Securities Purchase Agreement dated as of September 8, 2008, by and between Issuer and Vicis (the “Series
A Purchase Agreement”), Issuer has issued shares of the Issuer’s Series A Convertible Preferred Stock, par value
$.001 per share (the “Series A Preferred Shares”), to Vicis.

WHEREAS, pursuant
to a Securities Purchase Agreement dated as of June 4, 2010, by and between Issuer and Vicis (the “2010 Purchase Agreement”),
Issuer has issued shares of Issuer’s Series B Convertible Preferred Stock, par value $.001 per share (the “2010
Preferred Shares”), to Vicis.

WHEREAS,
pursuant to a Securities Purchase Agreement dated October 5, 2010, by and between Issuer and PI (the “PI Purchase
Agreement”), Issuer agreed to sell and issue to PI, among other securities, a Secured Promissory Note in the principal
amount of $1,000,000 (the “Note”).

WHEREAS,
Debtor previously executed and delivered the 2010 Security Agreement to secure its obligations, covenants and agreements contained
in (i) the Guaranty Agreement, dated as of September 8, 2008, by and between Debtor and Vicis (the “Series A Guaranty”),
pursuant to which Debtor guaranteed the obligations of the Issuer under the Series A Preferred Shares, the Series A Purchase Agreement
and the other Transaction Documents (as defined in the Series A Purchase Agreement), (ii) the Guaranty Agreement, dated as of June
4, 2010, by and between Debtor and Vicis (the “2010 Guaranty”), pursuant to which Debtor guaranteed the obligations
of the Issuer under the 2010 Preferred Shares, the 2010 Purchase Agreement and the other Transaction Documents (as defined in the
2010 Purchase Agreement), and (iii) the Guaranty Agreement, dated October 5, 2010, by and between Debtor and PI (the “Note
Guaranty”), pursuant to which Debtor guaranteed the obligations of the Issuer under the Note, the PI Purchase
Agreement and the other Transaction Documents (as defined in the PI Purchase Agreement). 

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WHEREAS, the obligations
of Debtor under the Series A Guaranty, the 2010 Guaranty and the Note Guaranty are secured by the 2010 Security Agreement.

WHEREAS, pursuant
to a Termination Agreement and Release dated September 16, 2011, by and among the Issuer, OptimizeRx Corporation, a Michigan corporation,
Vicis, Physicians Interactive Holdings, LLC, a Delaware limited liability company, and PI, the Issuer’s obligations to PI
under the Note, the PI Purchase Agreement and the other Transaction Documents (as defined in the PI Purchase Agreement) have been
terminated, and PI has released its security interest in the security and collateral securing such obligations, including without
limitation, the Note Guaranty and the 2010 Security Agreement.

WHEREAS, pursuant
to a Securities Purchase Agreement of even date herewith, by and between Issuer and Vicis (as amended or modified from time to
time, the “2011 Purchase Agreement, and collectively with the Series A Purchase Agreement and the 2010 Purchase Agreement,
the “Purchase Agreements”), Issuer has issued shares and may issue additional shares of Issuer’s Series
B Convertible Preferred Stock (the “2011 Preferred Shares”, and collectively with the Series A Preferred Shares
and the 2010 Preferred Shares, the “Preferred Shares”) to Vicis.

WHEREAS, it is a
material inducement to Vicis’s execution of the 2011 Purchase Agreement and purchase of the 2011 Preferred Shares that Debtor
execute and deliver to Vicis this Security Agreement to secure the obligations, covenants and agreements
of Debtor contained in the Amended and Restated Guaranty Agreement, dated of even date herewith, by and between Debtor and Vicis
(the “Amended and Restated Guaranty”, and together with the Series A Guaranty, the “Guaranties”),
which Amended and Restated Guaranty amends and restates in its entirety the 2010 Guaranty. 

WHEREAS, this is
the Guarantor Security Agreement referred to in the Purchase Agreements.

NOW, THEREFORE,
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 2011 Purchase Agreement. Capitalized 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), the recitals and as follows:

1.1Accounts.
“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.

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1.2Collateral.
“Collateral” shall mean, subject to any limitations or qualifications set forth in this definition or in Section 2.1
hereof, 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;

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

(d)                
all general intangibles (including without limitation, software, customer lists,
sales records and other business records, 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, 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.

Notwithstanding the
foregoing, “Collateral” shall not include and expressly excludes (i) any general intangibles or other rights arising
under any contracts, instruments, licenses or other documents to the extent that the grant of a lien or the Security Interest therein
would (A) result in a breach of the terms of, or constitute a default under, such contract, instrument, license, agreement or other
document (other than to the extent that any such term would be rendered ineffective pursuant
to Section 9-406, 9-407 or 9-408 of the UCC or any successor provision of the UCC of any relevant jurisdiction or other applicable
law) or (B) give any other party to such contract, instrument, license or other document the right to terminate its obligations
thereunder pursuant to a valid and enforceable provision (including without limitation in connection with the operation of Section
9-406, 9-407 or 9-408 of the UCC or any other applicable law), (ii) any personal property (including motor vehicles) in respect
of which perfection of a lien or security interest is not either (A) governed by the UCC or (B) accomplished by appropriate evidence
of the lien being recorded in the United States Copyright Office or the United States Patent and Trademark Office, (iii) any property
subject to any pledge agreement, (iv) any Accounts and documents relating to Accounts; or (v) any payment
intangibles, contract rights and causes of action.

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1.3Event
of Default. “Event of Default” shall have the meaning specified in the 2011 Purchase Agreement.

1.4Inventory.
“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.

1.5Obligations.
“Obligations” shall mean all debts, liabilities, obligations, covenants and agreements of Debtor contained in the Guaranties.

1.6Person.
“Person” shall mean and include an individual, partnership, corporation, trust, unincorporated association and any
unit, department or agency of government.

1.7Security
Agreement. “Security Agreement” shall mean this Third Amended and Restated Guarantor 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.

1.8Security
Interest. “Security Interest” shall mean the security interest of Vicis in the Collateral granted by Debtor pursuant
to this Security Agreement.

1.9Transaction
Documents. “Transaction Documents” shall mean, as applicable, (i) the Transaction Documents (as that term is defined
in the Series A Purchase Agreement), (ii) the Transaction Documents (as that term is defined in the 2010 Purchase Agreement), and
(iii) the Transaction Documents (as that term is defined in the 2011 Purchase Agreement).

1.10UCC.
“UCC” shall mean the Uniform Commercial Code as adopted in Michigan and in effect from time to time.

ARTICLE
II

THE SECURITY INTEREST; REPRESENTATIONS AND WARRANTIES

2.1             
The Security Interest. 

(a)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, its successors and assigns, subject to Section 2.1(b) hereof, a second-priority, subordinated security
interest in all of Debtor’s right, title and interest in and to the Collateral.

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(b)Notwithstanding
Section 2.1(a) above, Vicis hereby agrees that, in the event that Debtor and/or any of its subsidiaries should incur any senior
Permitted Indebtedness in accordance with the terms of the 2011 Purchase Agreement, Vicis, at
the option or discretion of the lender extending the financing facility underlying the senior Permitted Indebtedness, promptly
will release or expressly subordinate to such lender Vicis’s Security Interest, if any, in Accounts, security interests in
client assets, loan documents, reserve accounts and the proceeds thereof, in each case to the extent that any of the foregoing
secures Debtor’s or any of its subsidiaries’ obligations under any senior Permitted Indebtedness.

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 Michigan 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
that 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 contain any 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
written request. 

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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 Purchase Agreements 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 (but only to the extent the claim of such adverse Person is subordinate or junior to the interest
of Vicis) and take such action and execute such financing statements and other documents as Vicis may from time to time reasonably
request in writing 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 Purchase Agreements.

(b)                
Debtor further agrees to take any other commercially reasonable action reasonably
requested in writing by Vicis to ensure the attachment, perfection and second 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 material portion of the tangible Collateral is located in form
and substance reasonably satisfactory to Vicis.

3.3             
Locations. Give Vicis at least 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 in writing by Vicis as a result of any such
relocation in order to maintain the Security Interest in such Collateral shall be at Debtor’s expense.

3.4             
Insurance. Maintain insurance (including, without limitation,
commercial general liability and property insurance) with respect to the Collateral consisting of tangible personal property in
such amounts, against such risks, in such form and with responsible and reputable insurance companies or associations as is required
by any governmental authority having jurisdiction with respect thereto or as is carried generally in accordance with sound business
practice by companies in similar businesses similarly situated. Debtor will obtain lender’s loss payable endorsements on
applicable insurance policies in favor of Vicis and will provide to Vicis certificates of such insurance or copies thereof. Debtor
shall use commercially reasonable efforts to 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 30 days prior 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 written consent, which consent will not be unreasonably withheld, conditioned or delayed. In the event of any insured loss,
Debtor shall promptly notify Vicis thereof in writing, and, after an Event of Default shall have occurred and be continuing, 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 reasonably shall determine, all claims under all policies; and Debtor agrees to sign, on written demand
of Vicis, all receipts, vouchers, releases and other instruments which may be necessary or desirable in aid of this authorization.
After an Event of Default shall have occurred and be continuing, 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.

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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 after receipt of written
notice from Vicis to procure or maintain insurance, or to pay any fees, assessments, charges or taxes (subject to Debtor’s
right to contest in good faith, such 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 to 10% from the date of disbursement by Vicis to the date of payment by Debtor. If Vicis effects any insurance
on behalf of Debtor, Debtor thereafter may cancel such insurance so effected after providing Vicis with evidence that Debtor has
obtained insurance as required by this Security Agreement.

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

(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 a commercially reasonable manner 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.

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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 6.7 and given at least ten 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. Except for the safe custody
of any Collateral in its possession and the accounting for moneys actually received by it hereunder, 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 set forth in Section 4.8, 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.

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 reasonable costs of any sale or other disposition;

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

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(c)                
to the payment to Vicis 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 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, upon the occurrence and during the
continuance of an Event of Default, Vicis shall have all rights of setoff and bankers’
lien provided by applicable law.

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             
Execution; Headings. This Security Agreement may be executed in two or more counterparts,
all of which when taken together shall be considered one and the same agreement and shall become effective when counterparts have
been signed by each party and delivered to the other party, it being understood that both parties need not sign the same counterpart.
In the event that any signature is delivered by facsimile transmission, such signature shall create a valid and binding obligation
of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such facsimile signature
page were an original thereof. The article and section headings in this Security Agreement are inserted for convenience of reference
only and shall not constitute a part hereof.

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5.7             
Notices. All communications or notices required or permitted by this
Security Agreement shall be given to Debtor (to be delivered care of Issuer) in accordance with Section 12.6 of the 2011 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. Each of the
parties hereto irrevocably waives, to the fullest extent permitted by law, any right to trial by jury in any legal proceeding arising
out of any controversy that may arise under this security agreement.

5.11         
Submission to Jurisdiction.

(a)Each
of the parties to this security Agreement hereby irrevocably and unconditionally submits to the exclusive jurisdiction of the state
and federal courts located IN the STATE OF NEW YORK for purposes of all legal proceedings arising out of or relating to this security
Agreement. Each of the parties to this security Agreement irrevocably waives, to the fullest extent permitted by law, any objection
that such party may now or hereafter have to the laying of the venue of any such proceeding brought in any such courts and any
claim that any such proceeding brought in any such courts has been brought in an inconvenient forum.

 

(b)Each
of the parties to this security Agreement hereby consents to service of process by notice in the manner specified in Section 12.6
of the 2011 pURCHASE aGREEMENT and irrevocably waives, to the fullest extent permitted by law, any objection such party may now
or hereafter have to service of process in such manner. DEBTOR AGREES THAT SERVICE OF PROCESS MAY BE DELIVERED CARE OF ISSUER.

 

5.12         
Effect of Amendment and Restatement. This Security Agreement amends and restates the
2010 Security Agreement and shall not be construed to be a substitution or novation of the 2010 Security Agreement. 

(signature page follows)

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

	OPTIMIZERX CORPORATION
		
	By:	/s/ H. David Lester
	Name:	H. David Lester
	Title:	CEO
		
	
        VICIS CAPITAL MASTER FUND

        By: Vicis Capital LLC

		
	By:	/s/ Keith W. Hughes
	Name:	Keith W. Hughes
	Title:	CFO

 

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SCHEDULE 1 TO THIRD AMENDED AND RESTATED
GUARANTOR SECURITY AGREEMENT

Locations of Collateral

Organizational ID:      

 

 

 

 

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

 

 

 

 

Collateral Locations:

 

 

 

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SCHEDULE
2 TO THIRD AMENDED AND RESTATED GUARANTOR SECURITY AGREEMENT

Intellectual Property

 

Patents

 

 

Trademarks

 

 

CopyrightsEX-10.1

PROMISSORY NOTE

$     .00 September   , 2011

FOR VALUE RECEIVED, Circle Entertainment Inc., a Delaware corporation (the “Payor”), hereby
unconditionally promises to pay to the order of [      ] (the “Payee”), in lawful
money of the United States of America in immediately available funds, the principal sum of
[      ] Dollars ($     ), together with interest thereon, compounded annually, from
the date hereof through maturity at the rate of 6.00% per annum (calculated on the actual number
of days elapsed and an assumed year of 360 days) (the “Stated Rate”). This principal
amount, together with interest accrued thereon at the Stated Rate commencing on the date hereof,
shall be due and payable in full upon demand.

This Promissory Note (“Note”) evidences Payee’s loan to Payor in the principal amount
of this Note.

Payor shall use the principal amount of this Note for working capital requirements. So long
as any amounts under this Note remain unpaid, Payor shall not incur any indebtedness for borrowed
money without the prior written consent of Payee (which consent shall not be unreasonably withheld,
delayed or conditioned). For the avoidance of doubt and ambiguity, the foregoing restriction on the
incurrence of indebtedness for borrowed money shall not apply to indebtedness incurred by Payor in
the ordinary course of business for goods and services from trade creditors.

The principal and accrued interest balance of this Note may be prepaid in whole or in part at
any time without a premium or penalty of any kind.

If any Acceleration Event (as defined below) shall occur for any reason then and in any such
event, in addition to all rights and remedies of the Payee under this Note, applicable law or
otherwise, all such rights and remedies being cumulative, not exclusive and enforceable
alternatively, successively and concurrently, the Payee may, at its option, declare due any or all
of the Payor’s obligations, liabilities and indebtedness owing to the Payee under this Note
whereupon the then unpaid balance hereof shall immediately be due and payable, together with all
expenses of collection hereof, including, but not limited to, attorneys’ fees and legal expenses
(for this purpose, the Payor shall pay all trial and appellate attorneys’ fees, costs and expenses,
paid or incurred by the Payee in connection with collection of this Note). If the foregoing unpaid
balances, expenses and collection costs are not paid upon demand upon the occurrence of an
Acceleration Event (collectively, the “Unpaid Amounts”), such Unpaid Amounts shall bear
interest until paid in full at the Stated Rate plus 5.00% per annum or the maximum interest rate
then permitted under applicable law (whichever is less) (the “Default Rate”). From and
after maturity of this Note, the Unpaid Amounts shall bear interest until paid in full at the
Default Rate. For purposes hereof, “Acceleration Event” means the first to occur of the following:
(i) if any principal or accrued interest or other amount owing under this Note is not paid when due
and such default continues unremedied for fifteen (15) days after written notice provided by Payee
to Payor, (ii) Payor having made an assignment for the benefit of creditors, filed a petition in
bankruptcy, applied to or petitioned any tribunal for the appointment of a custodian, receiver,
intervener or trustee for Payor, or commenced any proceeding for any arrangement or readjustment of
its debts, (iii) any such petition or application having been filed or proceeding having commenced
against Payor and Payor not having interposed a defense thereto within the time permitted under
applicable law, (iv) the sale or other disposition of all or substantially all of Payor’s assets,
(v) the dissolution of Payor or (vi) the failure by Payor to perform any other covenant, agreement
or condition contained in this Note and such default continues unremedied for thirty (30) days
after written notice thereof is given to Payor by Payee; provided, however, in the event such
default is curable but is not reasonably capable of cure within said 30-day period, Payor shall
have such additional time as required to cure any such default so long as Payor is diligently
undertaking the cure of such default.

The Payor (i) waives diligence, demand, presentment, protest and notice of any kind, except
for any notice expressly required by the provisions of this Note, and (ii) agrees that it will not
be necessary for the Payee to first institute suit in order to enforce payment of this Note.

The validity, interpretation and enforcement of this Note and any dispute arising in
connection herewith or therewith shall be governed by the internal laws of the State of New York
(without giving effect to principles of conflicts of law).

The Payor irrevocably consents and submits to the exclusive jurisdiction of the state courts
of the State of New York located in the County of New York and the United States District Court
whose district covers such county, and waives any objection based on venue or forum non conveniens
with respect to any action instituted therein arising under this Note.

EACH OF PAYOR AND PAYEE HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION
OR CAUSE OF ACTION ARISING UNDER THIS NOTE, AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR
CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY.

The Payor may not assign this Note and/or delegate any of its obligations hereunder without
the written consent of the Payee. This Note is not secured by any collateral of any nature.
Neither this Note nor all or any portion of the Payee’s rights and interests herein may be
negotiated, assigned, pledged, hypothecated or otherwise transferred by Payee.

The Payor shall be solely responsible for any necessary tax or assessment relating to this
Note; provided, however, that the Payor shall not be responsible for Payee’s tax obligations
arising from receipt of funds set forth herein.

If any term or provision of this Note shall be held invalid, illegal or unenforceable, the
validity of all other terms and provisions hereof shall in no way be affected thereby.

The waiver by the Payee of the Payor’s prompt and complete performance of, or default under,
any provision of this Note shall not operate nor be construed as a waiver of any subsequent breach
or default, and the failure by the Payee to exercise any right or remedy which it may possess
hereunder or under applicable law shall not operate nor be construed as a bar to the exercise of
any such right or remedy upon the occurrence of any subsequent breach or default.

IN WITNESS WHEREOF, the Payor has executed this Promissory Note the day and year first written
above.

CIRCLE ENTERTAINMENT INC.

	 	 	 
	By:

	 	

	
 
	 	 
	Name:

	 	Mitchell J. Nelson
	
 
	 	 
	Title:

	 	Executive Vice President

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