Document:

Exhibit
      10.1

    

    VISION
      ACQUISITION II, INC.

    

    Private
      Placement of Units

    

    PLACEMENT
      AGENCY AGREEMENT

    

    
      
        	 	 	Dated as of March 19,
                2008

      

    

     

    Placement
      Agent

    Placement
      Agent’s Address

    

    Ladies
      and Gentlemen:

     

    Vision
      Acquisition II, Inc., a Delaware corporation (the “Company”) proposes to offer
      for sale (the “Offering”) in a private offering pursuant to Section 4(2)
      and/or Section 4(6) of the Securities Act of 1933, as amended (the “Act”), and
      Rule 506 of Regulation D promulgated thereunder, a minimum of $8,000 (the
“Minimum Offering”) of units (“Units”). Each Unit consists of 10,000 shares of
      Common Stock, par value $.0001 per share (the “Common Stock”). Each investor
      (“Investor”) may purchase only one Unit at a per Unit price of $200, or $.02 per
      share. The Units are being offered during an offering period commencing on
      the
      date hereof and expiring the earliest of: (i) 60 days thereafter, unless
      extended by the Company and the Placement Agent (defined below) for up to an
      additional sixty (60) days; (ii) the sale of Units constituting at least the
      Minimum Offering, or (iii) the termination of the Offering by the Company and
      the Placement Agent (such period, as same may be extended, being hereinafter
      referred to as the "Offering Period"). Offers and sales of the Units shall
      be
      solely to Accredited Investors (as defined in Regulation D). This Agreement
      shall confirm our agreement concerning XXX. acting as our exclusive placement
      agent (the “Placement Agent” or “XXX”) in connection with the offer and sale of
      the Units. 

    

    l.
      Appointment of Placement Agent.

    

    On
      the
      basis of the representations and warranties contained herein, and subject to
      the
      terms and conditions set forth herein, the Company hereby appoints XXX as its
      Placement Agent and grants to it the exclusive right to offer, as its agent,
      the
      Units pursuant to the terms of this Agreement. The Company expressly
      acknowledges and agrees that XXX’s obligations hereunder are not on a firm
      commitment basis and that the execution of this Agreement does not constitute
      a
      commitment by XXX to purchase the Units and does not ensure the successful
      placement of the Units or any portion thereof. Further, XXX’s obligation to use
      its best efforts to assist the Company in the Offering is subject to the
      completion of a due diligence review of the Company, and the market for such
      securities generally, as well as general market conditions. On the basis of
      such
      representations and warranties, and subject to such conditions, XXX hereby
      accepts such an appointment and agrees to use its reasonable best efforts to
      secure subscriptions to purchase the Units.

    

    2. Terms
      of
      the Offering. 

    

    (a)
      The
      Company shall prepare and deliver to the Placement Agent copies of a
      Confidential Private Placement Memorandum (the “PPM”), relating to, among other
      things, the Company, the Common Stock and the terms of the sale of the Units.
      The PPM, including all exhibits and appendices thereto, the Subscription
      Agreement, Accredited Investor Questionnaire and Registration Rights Agreement,
      are referred to herein as the “Offering Documents” and shall include any
      supplements or amendments in accordance with this Agreement. The Company shall
      utilize the services of securities counsel with experience in private placement
      offerings and the rules and regulations of the Securities and Exchange
      Commission (“SEC”) in drafting the Offering Documents.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (b)
      The
      Offering shall consist of the Minimum Offering of $8,000 of Units. There is
      no
      maximum number of Units being offered. The terms of the Offering and Common
      Stock are further described in the Offering Documents which are incorporated
      herein. In the event a subscription is not accepted, such rejected subscription
      funds will be returned to the subscriber without interest or deductions.

    

    (c)
      The
      Units are being offered on a “best efforts all or none” basis as to the Minimum
      Offering. The Offering shall commence on the date that the Company delivers
      to
      the Placement Agent the Offering Documents that have been completed to the
      reasonable satisfaction of the Placement Agent and its counsel, and shall expire
      at 5:00 p.m., New York time, on a date which is the earliest to occur of (ii)
      60
      days thereafter and may be extended for up to an additional 60-day period at
      the
      discretion of the Company and Placement Agent, (ii) in the discretion of the
      Company, the sale of Units constituting at least the Minimum Offering, and
      (iii)
      termination of the Offering Period by the Company and the Placement Agent.
      

    

    (d)
      Each
      prospective Investor who desires to purchase the Units shall deliver to the
      Placement Agent a fully executed subscription agreement and questionnaire
      (collectively, hereinafter the “Subscription Agreement”), in the form annexed to
      the PPM and immediately available funds in the amount necessary to purchase
      the
      number of Units such Investor desires to purchase. Neither the Company nor
      the
      Placement Agent shall have any obligation to independently verify the accuracy
      or completeness of any information contained in any Subscription Agreement
      or
      the authenticity, sufficiency, or validity of any check delivered by any
      Investor in payment for Units.

    

    (e)
      The
      Placement Agent shall deliver each subscription funds received from an Investor
      to the Company for deposit in a segregated escrow account (the “Escrow Account”)
      at Signature Bank institution, which shall serve as the escrow agent for this
      Offering (the “Escrow Agent”), pursuant to that certain escrow agreement by and
      among the Company, XXX and the Escrow Agent, dated March 19, 2008 (the “Escrow
      Agreement”) and shall deliver the executed copies of the Subscription Agreement
      received from such Investor to the Company. All funds shall be held in the
      segregated account pending acceptance of the subscription. The Company shall
      notify the Placement Agent promptly of the acceptance or rejection of any
      subscription.

    

       (f)
      XXX
      may engage other persons selected by XXX to assist XXX in the Offering (each
      such broker/dealers being hereinafter referred to as a "Selling Group Member")
      and XXX may allow such Selling Group Member such part of the compensation and
      payment of expenses payable to XXX under Section 5 hereof as XXX shall
      determine. Any such Selling Group Member shall be a member firm in good standing
      as a broker-dealer under the rules of the Financial Industry Regulatory
      Authority, Inc (“FINRA”). Each Selling Group Member shall be required to agree
      in writing to comply with the provisions of this Section 2. The Company hereby
      agrees to make such representations and warranties to, and covenants and
      agreements with, any Selling Group Member (including an agreement to indemnify
      such Selling Group Member on terms substantially similar to Section 12 hereof)
      as provided herein.

    

    3.
      Closings: Release of Funds.

    

    The
      date
      that the subscriptions of at least the Minimum Offering amount are accepted
      by
      the Company and funds are released from the Escrow Account shall be deemed
      the
“Closing Date.” At least one (1) day prior to the release of funds, the Company
      and the Placement Agent shall send written notice to each other, which notice
      shall state the amount of funds to be released, the name and address of each
      subscriber whose subscription has been accepted, and the amount of each
      subscription.

    

    
      
        
        

      

      
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    4. Representations
      and Warranties of the Placement Agent.

    

    The
      Placement Agent represents and warrants to and covenants with the Company as
      follows:

    

    (a) The
      Placement Agent is duly incorporated and validly existing and in good standing
      under the laws of its state of incorporation.

    

    (b) The
      Placement Agent is, and at the time of the Closing will be, a member in good
      standing of FINRA.

    

    (c) Sales
      of
      Units by the Placement Agent will only be made in such jurisdictions in which
      the Placement Agent or a Selling Group Member is a registered broker-dealer
      or
      where an applicable exemption from such registration exists.

    

    (d) Offers
      and sales of Units by the Placement Agent will be made only in accordance with
      this Placement Agreement and in compliance with the provisions of Section 4(2)
      and Section 4(6) of the Act and Rule 506 of Regulation D promulgated thereunder
      (it being understood and agreed that the Placement Agent shall be entitled
      to
      rely upon the information and statements provided by the Investor in the
      Subscription Agreement), and the Placement Agent will furnish to each investor
      a
      copy of the Offering Documents prior to accepting any subscription for the
      Units.

    

    5.
      Compensation. 

    

    (a)
       The
      Placement Agent shall be entitled, on the Closing Date, as compensation for
      XXX’s services as Placement Agent under this Agreement, to selling commissions
      equal to 10 % of the gross proceeds received by the Company from the sale of
      the
      Units effected at the Closing (the “Placement Agent’s Fees”). 

    

    (b) Concurrent
      with, and as a condition to, the Closing of the Offering, the Company shall
      sell
      to the Placement Agent (or its designated affiliates), for nominal
      consideration, 285,000 shares
      of
      Common Stock (the “Placement Agent’s Shares” and together with the Placement
      Agent’s Fees, the “Placement Agent’s Compensation”).
      The
      Company covenants and agrees that with respect to registration under the Act
      of
      the shares of Common Stock, the Placement Agent shall be entitled to the same
      registration rights as provided to Investors in the Offering.

    

    6.
      Representations and Warranties of the Company.

    

    (a)
      The
      Company represents and warrants to, and agrees with, the Placement Agent that
      as
      of the date hereof and as of the Closing Date (except as affected by the
      Offering):

    

    (i)
      Assuming the accuracy of the representations and warranties of the Investors
      set
      forth in the Subscription Agreement and the representations and warranties
      of
      the Placement Agent set forth herein, the Offering Documents (a) contain, and
      at
      all times during the period from the date hereof to and including the Closing
      Date, will contain all information required to be contained therein, if any,
      pursuant to Rules 502 and 506 of Regulation D and all applicable federal and/or
      state securities and “blue sky” laws, (b) do not, and during such period will
      not, contain any untrue statement of a material fact or omit to state any
      material fact required to be stated therein or necessary to make the statements
      therein in light of the circumstances made therein not misleading, and (c)
      no
      supplemental sales material supplied or approved in writing by any officer
      of
      the Company (when read in conjunction with the Offering Documents, whether
      designated only for broker-dealer use or otherwise) includes or will include
      any
      untrue statement of a material fact or omits or will omit to state a material
      fact necessary to make the statements therein in the light of the circumstances
      under which they were made not misleading. Each contract, agreement, instrument,
      lease, license, or other document required to be described in the Offering
      Documents shall be, and have been, accurately described therein.

    

    
      
        
        

      

      
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    (ii)
      No
      information (it being understood that neither the Company nor any of its
      officers or directors or employees shall provide any written information to
      any
      Investor which is not contained in the Offering Documents) provided by the
      Company to Investors pursuant to Section 7(f) hereof shall contain any untrue
      statement of a material fact or omit to state any material fact required to
      be
      stated therein or necessary to make the statements therein in light of
      circumstances made therein not misleading.

    

    (iii)
      The
      Company has not, directly or indirectly, solicited any offer to buy or offered
      to sell any Common Stock or any other securities of the Company during the
      twelve-month period ending on the date hereof except as may be properly
      described in the Offering Documents, and has no present intention to solicit
      any
      offer to buy or to offer to sell any of the Units, any Common Stock or any
      other
      securities of the Company other than pursuant to this Agreement. 

    

    (iv)
      The
      Company is, and at all times during the period from the date hereof to and
      including the Closing Date will be, a corporation duly organized, validly
      existing, and in good standing under the laws of the State of Delaware, with
      full corporate power and authority, and has obtained all necessary consents,
      authorizations, approvals, orders, licenses, certificates, and permits and
      declarations of and from, and has made filings with, all federal, state and
      local authorities, to own, lease, license, and use its properties and assets
      and
      to conduct its business as presently conducted as described in the Offering
      Documents and/or in any such case where the failure to have any of the foregoing
      would not have a material adverse effect on the Company's presently conducted
      business. As of the date hereof, the Company is, and at all times during the
      period from the date hereof to and including the Closing Date, duly qualified
      to
      do business and is in good standing in every jurisdiction in which its
      ownership, leasing, licensing, or use of property and assets or the conduct
      of
      its business makes such qualification necessary except where the failure to
      be
      so qualified would not have a material adverse effect on the Company's
      business.

    

    (v)
      The
      documents filed by the Company with the SEC (the “SEC Reports”), do not contain
      any untrue statement of a material fact or omit to state any material fact
      required to be stated therein or necessary to make the statements therein not
      misleading, all in light of the circumstances under which they were made. Each
      statute, regulation, legal and governmental proceeding, contract, agreement,
      instrument, lease, license, or other document described in the SEC Reports
      has
      been accurately described therein in all material respects.

    

    (vi)
      No
      document provided by the Company to Investors pursuant to Section 6(a)(vii)
      hereof, and no oral information provided by the Company to Investors, will
      contain any untrue statement of a material fact or omit to state any material
      fact required to be stated therein or necessary to make the statements therein
      not misleading. Contracts to which the Company is a party provided by the
      Company to Investors shall not be deemed to contain any untrue statement of
      a
      material fact or to omit to state any material fact if the contract so provided
      is a true, correct and complete copy of such contract, as amended or modified
      through the date it is so provided.

    

    
      
        
        

      

      
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    (vii)
      The
      Company does not own, directly or indirectly, an equity or other ownership
      interest equal to or greater than 50 percent in any corporation or other
      entity.

    

    (viii)
      Since the dates as of which information is given in the Offering Documents,
      other than as set forth therein, (A) there has not been any material adverse
      change or any development involving a prospective material adverse change in
      the
      general affairs, business, prospects, properties, management, condition
      (financial or otherwise) or results of operations of the Company, whether or
      not
      arising from transactions in the ordinary course of business, (B) except in
      the ordinary course of business, the Company has not incurred will not have
      incurred, any material liabilities or obligations, direct or indirect, or have
      entered into any material transaction, (C) the Company has not and will not
      have
      paid or declared any dividends or other distributions on its capital stock
      and
      (D) there has not been any change in the capital stock of the Company or any
      material change in the short-term or long-term debt of the Company.
      Notwithstanding this, XXX acknowledges that as a shell company, its ability
      to
      continue as a going concern is in question.

    

    (ix)
      The
      Company’s auditors, whose report on the Company’s audited financial statements
      is included in the SEC Reports included as part of the Offering Documents,
      are
      independent public accountants with respect to the Company as required by the
      Act and the rules and regulations thereunder.

    

    (x)
      The
      Company’s financial statements, together with related notes and schedules of the
      Company, included as part of the Offering Documents comply in all respects
      with
      the requirements of the Act and the rules and regulations thereunder and present
      fairly the financial position of the Company on the respective dates indicated
      and its statement of operations for the respective periods covered thereby.
      Any
      condensed financial information appearing in the Offering Documents is fairly
      stated in all material respects in relation to the financial statements of
      the
      Company from which they have been derived. Such financial statements, and
      related notes and schedules, have been prepared in conformity with generally
      accepted accounting principles applied on a consistent basis through the entire
      period involved.

    

    (xi) Except
      as
      described in the Offering Documents, there is no action, suit, investigation
      or
      proceeding pending or threatened before or by any Federal or state court,
      commission, regulatory body, administrative agency or other governmental body,
      domestic or foreign, or arbitrator to which the Company is or may become a
      party
      or of which any property of the Company is subject or affected that (A) might
      affect the consummation of the transactions contemplated under this Agreement,
      including the issuance or validity of the Common Stock offered hereby, or (B)
      might have a material adverse effect on the condition (financial or otherwise),
      sales, properties, earnings, net worth, prospects, results of operations or
      businesses of the Company, taken as a whole (“Material Adverse Effect”), or any
      of its principal officers. All pending legal or governmental proceedings to
      which the Company is a party or of which any of its properties are subject
      or
      affected which are not described in the Offering Documents, including ordinary
      routine litigation incidental to the business, would not have a Material Adverse
      Effect. No labor dispute with the employees of the Company exists or is
      threatened or imminent that could have a Material Adverse Effect.

    

    (xii) The
      Company has all approvals, licenses, franchises, authorizations and permits
      (collectively, “permits”) necessary under all applicable statutes, codes, rules,
      regulations, orders and decrees of governments or governmental bodies
      (collectively, “laws”), which are material to the ownership, lease or use of
      their respective properties or the conduct of their respective businesses as
      described in the Offering Documents. The Company has not received notice of
      any
      proceedings relating to the revocation or modification of any such permits
      which, singly or in the aggregate, would have a Material Adverse Effect, and
      the
      Company is in all material respects in compliance with such permits and
      laws.

    

    
      
        
        

      

      
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    (xiii)
      The Company does not own or license any patents, patent applications,
      inventions, trademarks, trade names, applications for registration of
      trademarks, copyrights, know-how, trade secrets, licenses and rights in any
      thereof (“Proprietary Rights”). The Company does not have any knowledge of, and
      the Company has not received any notice of any pending conflict with or
      infringement of, the rights of others with respect to any Proprietary Rights
      or
      with respect to any license of Proprietary Rights. No action, suit, arbitration,
      or legal, administrative or other proceeding, or domestic or foreign
      governmental investigation is pending or, to the best of the Company's
      knowledge, threatened, which involves any Proprietary Rights. The Company is
      not
      subject to any judgment, order, writ, injunction or decree of any court or
      any
      Federal, state, local, foreign or other governmental department, commission,
      board, bureau, agency or instrumentality, domestic or foreign, or any
      arbitrator, or has entered into or is a party to any contract which restricts
      or
      impairs the use of any such Proprietary Rights in a manner which would have
      a
      material adverse effect on the use of any of the Proprietary Rights. The Company
      has not received written notice of any pending conflict with or infringement
      upon such third party proprietary rights. 

    

    (xiv)
      The
      Company has an authorized, issued and outstanding capitalization as set forth
      in
      the Offering Documents; all of the issued shares of capital stock of the Company
      have been duly authorized and validly issued, are fully paid and nonassessable
      and conform to the descriptions thereof contained in the Offering Documents;
      and
      none of the issued shares of capital stock of the Company has been issued in
      violation of any preemptive or similar right. Except as described in the
      Offering Documents, there are no outstanding (A) securities or obligations
      of
      the Company convertible into or exchangeable for any shares of capital stock
      of
      the Company, (B) warrants, rights or options to subscribe for or purchase from
      the Company any such capital stock or any such convertible or exchangeable
      securities or obligations or (C) obligations for the Company to issue such
      shares, any such convertible or exchangeable securities or obligations, or
      any
      such warrants, rights or obligations. 

    

    (xv) Except
      as
      described in the Offering Documents, there are no contracts, agreements or
      understandings between the Company and any person granting such person the
      right
      to require the Company to file a registration statement under the Act with
      respect to any securities of the Company owned or to be owned by such person
      or
      to require the Company to include such securities in the securities being
      registered pursuant to any registration statement filed by the Company under
      the
      Act.

    

    (xvi) The
      shares of Common Stock to be issued and sold to Investors as provided in the
      Subscription Agreement have been duly authorized and when issued and delivered
      against payment therefor, will be validly issued, fully paid and nonassessable
      and will conform to the description thereof in the Offering Documents, and
      there
      are no preemptive or other rights to subscribe for or to purchase, nor any
      restriction upon the voting or transfer of, any shares of the Common Stock
      issuable to Investors under the Company's Certificate of Incorporation or
      by-laws or any agreement or other outstanding instrument to which the Company
      is
      a party or is otherwise known to the Company. 

    

    (xvii) The
      Placement Agent’s Shares have has been duly authorized and, when issued and
      delivered against payment therefor, will be validly issued, fully paid and
      nonassessable; and there are no preemptive or other rights to subscribe for
      or
      to purchase, nor any restriction upon the voting or transfer of the Placement
      Agent’s Shares pursuant to the Company's Certificate of Incorporation or by-laws
      or any agreement or other outstanding instrument to which the Company is a
      party
      or is otherwise known to the Company.

    

    
      
        
        

      

      
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    (xviii) All
      offers and sales of securities of the Company issued prior to the date hereof
      were at all relevant times duly registered or exempt from the registration
      requirements of the Act or issued in compliance with the Securities Exchange
      Act
      of 1934, as amended (the “Exchange Act”) and the rules and regulations
      thereunder and were duly registered or the subject of an available exemption
      from the registration requirements of the applicable state securities or Blue
      Sky laws and all applicable securities laws and regulations of any foreign
      country in which such securities were offered or sold.

    

    (xix) The
      Company is not (A) in violation of its Certificate of Incorporation or by-laws,
      (B) in violation of any statute, law, rule, code, administrative regulation,
      ordinance, judgment, order or decree of any government, governmental
      instrumentality, court, domestic or foreign, or arbitration panel or other
      body
      applicable to it where such violation would have a Material Adverse Effect
      or
      (C) in default in the performance or observance of any obligation, agreement,
      covenant or condition contained in any indenture, mortgage, deed of trust,
      voting agreement, voting trust agreement, loan agreement, bond, debenture,
      note
      or other evidence of indebtedness, lease, sublease, license agreement, contract
      or other agreement or instrument to which it is a party or by which it or any
      of
      its respective properties are bound or affected (“Contracts”), where such
      defaults, singly or in the aggregate, would have a Material Adverse Effect.
      To
      the knowledge of the Company, no other party under any Contract is in default
      in
      any material respect thereunder which affects the Company.

    

    (xx) The
      Company has all requisite power and authority to execute, deliver and perform
      its obligations under this Agreement, the Subscription Agreement, the
      Registration Rights Agreement and the Escrow Agreement. This Agreement, the
      Subscription Agreement, the Registration Rights Agreement and the Escrow
      Agreement have been duly and validly authorized, executed and delivered by
      the
      Company, and each such agreement constitutes a legal, valid and binding
      agreement of the Company enforceable against the Company in accordance with
      its
      respective terms, except as rights to indemnity and contribution hereunder
      and
      thereunder may be limited by the securities laws of the United States and except
      as such enforceability may be limited by bankruptcy, insolvency, reorganization
      or similar laws or equitable principles affecting the enforcement of creditors'
      rights generally;

    

    (xxi) The
      issuance of the shares of Common Stock and the Placement Agent’s Shares, the
      execution, delivery and performance of this Agreement, Subscription Agreement
      and the Registration Rights Agreement, the delivery of the Placement Agent’s
      Shares, and the consummation of the transactions contemplated hereby and
      thereby, do not and will not conflict with or result in a material breach or
      violation of any of the terms or provisions of, or constitute a material default
      under, or give rise to rights of termination under, or result in the
      acceleration of any obligation under, or result in the creation or imposition
      of
      any lien, charge or encumbrance upon any property or assets of the Company
      pursuant to the terms of any indenture, mortgage, deed of trust, voting
      agreement, voting trust agreement, loan agreement, bond, debenture, note or
      other evidence of indebtedness or result in a material breach or violation
      of
      any of the terms or provisions of, or constitute a material default under any
      lease, sublease, contract or other agreement or instrument to which the Company
      is a party or by which the Company or any of its properties or assets are bound
      or affected, nor will such action result in any violation of the provisions
      of
      the Certificate of Incorporation or by-laws of the Company or a material
      violation of any applicable statute, law, rule, code, administrative regulation,
      ordinance, judgment, order or decree of any government, governmental
      instrumentality or court, domestic or foreign, or arbitration panel or other
      body, having jurisdiction over the Company or any of its properties or
      obligations.

     

    (xxii) No
      consent, approval, authorization, license or order of or from, or registration,
      qualification, declaration or filing with, federal, state, local, foreign or
      other governmental authority or any person or court, administrative agency,
      or
      other body is required for the consummation of the transactions contemplated
      in
      this Agreement, or the Offering Documents, except as may have been made or
      may
      be required obtained under FINRA, any federal or state securities laws or Blue
      Sky laws or pursuant to Regulation D.

    

    
      
        
        

      

      
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    (xxiii) The
      Company is in compliance in all material respects with all applicable federal,
      state and local environmental laws and regulations, including, without
      limitation, those applicable to emissions to the environment, waste management
      and waste disposal (collectively, the “Environmental Laws”), except for any
      noncompliance as may be described in the Offering Documents, and to the best
      of
      the Company's knowledge, there are no circumstances that would prevent,
      interfere with, or materially increase the cost of such compliance in the
      future. Except as set forth in the Offering Documents, there is no claim under
      any Environmental Law, including common law (“Environmental Claim”), pending or,
      to the knowledge of the Company, threatened against or affecting the Company
      and, to the best of the Company's knowledge, there are no past or present
      actions, activities, circumstances, events or incidents, including, without
      limitation, releases of any material into the environment, that could form
      the
      basis of any Environmental Claim against or affecting the Company or its
      Controlled Subsidiaries.

    

    (xxiv) The
      Company does not own or lease any real property.

    

    (xxv) The
      Company (A) has paid all federal, state, local and foreign taxes for which
      it is
      liable and has furnished all information returns it is required to furnish
      pursuant to the Internal Revenue Code of 1986, as amended, (B) has established
      adequate reserves for such taxes which are not due and payable and (C) does
      not
      have any tax deficiency or claims outstanding, proposed or assessed against
      it.

    

    (xxvi) The
      Company maintains insurance of the types and in amounts which it deems adequate
      for its business, all of which are in full force and effect.

    

    (xxvii)
      Other than set forth herein, there are no claims, payments, issuances,
      arrangements or understandings, whether oral or written, for services in the
      nature of a finder's or origination fee with respect to the sale of the
      Units.

    

    (xxviii) Neither
      the Company nor, to the best of the Company’s knowledge, any of the Company’s
      officers, employees, agents or any other person acting on behalf of, at the
      direction of or for the benefit of the Company has, directly or indirectly,
      given or agreed to give any money, gift or similar benefit (other than legal
      price concessions to customers in the ordinary course of business) to any
      customer, supplier, employee or agent of a customer or supplier, or official
      or
      employee of any governmental agency (domestic or foreign) or instrumentality
      of
      any government (domestic or foreign) or any political party or candidate for
      office (domestic or foreign) or other person who was, is, or may be in a
      position to help or hinder the business of the Company (or assist the Company
      in
      connection with any actual or proposed transaction) which (a) might subject
      the
      Company or any other such person to any damage or penalty in any civil, criminal
      or governmental litigation or proceeding (domestic or foreign), (b) if not
      given
      in the past, might have had a Material Adverse Effect or (c) if not continued
      in
      the future, might result in a Material Adverse Effect. The Company's internal
      accounting controls are sufficient to cause the Company to comply with the
      Foreign Corrupt Practices Act of 1977, as amended. 

    

    (xxix) The
      Company has not relied on XXX or its legal counsel for any legal, tax or
      accounting advice in connection with the Offering. 

    

    (xxx) During
      the past five years, none of the current officers or directors of the Company
      have been:

    

    (a) The
      subject of a petition under the federal bankruptcy laws or any state insolvency
      law filed by or against them, or by a receiver, fiscal agent or similar officer
      appointed by a court for their business or property, or any partnership in
      which
      any or them was a general partner at or within two years before the time of
      such
      filing, or any corporation or business association of which any of them was
      an
      executive officer at or within two years before the time of such
      filing;

    

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    (b) Convicted
      in a criminal proceeding or a named subject of a pending criminal proceeding
      (excluding traffic violations and other minor offenses);

    

    (c) The
      subject of any order, judgment, or decree not subsequently reversed, suspended
      or vacated, of any court of competent jurisdiction, permanently or temporarily
      enjoining any of them from, or otherwise limiting, any of the following
      activities:

    

    (i) acting
      as
      a futures commission merchant, introducing broker, commodity trading advisor,
      commodity pool operator, floor broker, leverage transaction merchant, any other
      person regulated by the Commodity Futures Trading Commission, or an associated
      person of any of the foregoing, or as an investment adviser, underwriter, broker
      or dealer in securities, or as an affiliated person, director or employee of
      any
      investment company, bank, savings and loan association or insurance company,
      or
      engaging in or continuing any conduct or practice in connection with any such
      activity;

    

    (ii)
       engaging
      in any type of business practice; or

    

    (iii) engaging
      in any activity in connection with the purchase or sale of any security or
      commodity or in connection with any violation of federal or state securities
      law
      or federal commodity laws.

    

    (iv) the
      subject of any order, judgment or decree, not subsequently reversed, suspended
      or vacated of any federal or state authority barring, suspending or otherwise
      limiting for more than sixty (60) days their right to engage in any activity
      described in paragraph (3)(i) above, or be associated with persons engaged
      in
      any such activity;

    

    (v) found
      by
      any court of competent jurisdiction in a civil action or by the SEC to have
      violated any federal or state securities law, and the judgment in such civil
      action or finding by the SEC has not been subsequently reversed, suspended
      or
      vacated; or

    

    (vi) found
      by
      a court of competent jurisdiction in a civil action or by the Commodity Futures
      Trading Commission to have violated any federal commodities law, and the
      judgment in such civil action or finding by the Commodity Futures Trading
      Commission has not been subsequently reversed, suspended or
      vacated.

    

    (vii) found
      by
      a court or an administrative agency to have or is alleged to have violated
      any
      Canadian or foreign securities laws.

    

    (xxxi) Neither
      the Company nor, to the knowledge of the Company, any of its affiliates has,
      directly or through any agent, sold, offered for sale or solicited offers to
      buy
      nor will any of the foregoing directly buy any security of the Company, as
      defined in the Act, which is or will be integrated with the sale of the Units
      in
      a manner that would require the registration, pursuant to the Act, of the
      Offering.

    

    (xxxii)
      During the period commencing on the date hereof and ending on the Closing Date,
      the Company shall not, without prior notice to and consent of the Placement
      Agent: (A) issue any securities or incur any liability or obligation, primary
      or
      contingent, for borrowed money; (B) enter into any transaction not in the
      ordinary course of business; or (C) declare or pay any dividend on its capital
      stock,

    

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    (xxxiii)
      Neither the Company nor any of its officers, directors, or affiliates, has
      engaged or will engage, directly or indirectly, in any act or activity that
      may
      jeopardize the status of the offering and sale of the Units as an exempt
      transaction under the Act or under all applicable federal and/or state
      securities or "blue sky" laws of any jurisdiction in which the Units may be
      offered or sold. 

    

    7. Covenants
      of the Company. 

    

    The
      Company covenants that it will: 

     

    (a)
      Notify XXX immediately, and confirm such notice in writing, (i) when any event
      shall have occurred during the period commencing on the date hereof and ending
      on the Closing Date, as a result of which the Offering Documents would include
      any untrue statement of a material fact or omit to state any material fact
      required to be stated therein or necessary to make the statements therein,
      in
      light of the circumstances under which they were made, not misleading, and
      (ii)
      of the receipt of any notification with respect to the modification, rescission,
      withdrawal, or suspension of the qualification or registration of the Units,
      or
      of an exemption from such registration or qualification, in any jurisdiction.
      The Company will use its best efforts to prevent the issuance of any such
      modification, rescission, withdrawal, or suspension and if XXX so request,
      to
      obtain the lifting thereof as promptly as possible.

    

    (b)
      Not
      make any supplement or amendment to the Offering Documents unless such
      supplement or amendment complies with the requirements of the Act and Regulation
      D and the applicable federal and/or state securities and "blue sky" laws and
      unless XXX shall have approved of such supplement or amendment in writing.
      If,
      at any time during the period commencing on the date hereof and ending on the
      Closing Date, any event shall have occurred as a result of which the Offering
      Documents contains any untrue statement of a material fact or omits to state
      any
      material fact required to be stated therein or necessary to make the statements
      therein not misleading, or if, in the opinion of counsel to the Company or
      counsel to the Placement Agent, it is necessary at any time to supplement or
      amend the Offering Documents to comply with the Act, Regulation D, or any
      applicable securities or "blue sky" laws, the Company will promptly prepare
      an
      appropriate supplement or amendment (in form and substance satisfactory to
      XXX)
      which will correct such statement or omission or which will effect such
      compliance.

    

    (c)
      Deliver without charge to the Placement Agent such number of copies of the
      Offering Documents and any supplement or amendment thereto as may reasonably
      be
      requested by the Placement Agent.

    

    (d)
      Not,
      directly or indirectly, solicit any offer to buy from, or offer to sell to
      any
      person any Units, except through the Placement Agent.

    

    (e)
      Use
      its best efforts to qualify the Common Stock for offering and sale under, or
      establish an exemption from such qualification or registration under, the
      securities or "blue sky" laws of the jurisdictions as may be required by the
      Placement Agent; provided, however, that the Company will not be obligated
      to
      qualify to do business as a dealer in securities in any jurisdiction in which
      it
      is not so qualified. The Company will not consummate any sale of Common Stock
      in
      any jurisdiction or in any manner in which such sale may not be lawfully made;
      in this regard the Company shall be entitled to rely on the Placement Agent's
      representations herein, and the representations of Investors in the Subscription
      Agreement and on the Blue Sky qualifications affected by the Placement Agent's
      counsel.

    

    (f)
      At
      all times during the period commencing on the date hereof and ending on the
      Closing Date, provide to each Investor or his Purchaser Representative (as
      defined in Regulation D), if any, on request, such information (in addition
      to
      that contained in the Offering Documents) concerning the Offering, the Company
      and any other relevant matters, as it possesses or can acquire without
      unreasonable effort or expense, and to extend to each Investor or his Purchaser
      Representative, if any, the opportunity to ask questions of, and receive answers
      from, the President or other Executive Officers of the Company concerning the
      terms and conditions of the Offering and the business of the Company and to
      obtain any other additional information, to the extent it possesses the same
      or
      can acquire it without reasonable effort or expense, as such Investor or
      Purchaser Representative may consider necessary in making an informed investment
      decision or in order to verify the accuracy of the information furnished to
      such
      Investor or Purchaser Representative, as the case may be.

    

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    (g)
      Provide to each Investor or his Purchase Representative any information required
      to be delivered by Rule 502(b) of Regulation D. 

    

    (h)
      Disclose to each Investor, in writing, any material relationship between such
      Investor's Purchaser Representative, if any, or its affiliates, on the one
      hand,
      and the Company or its affiliates, on the other hand, which, to the knowledge
      of
      the Company, then exists or is understood to be contemplated or has existed
      at
      any time during the previous two years and any compensation received or to
      be
      received as a result of such relationship.

    

    (i)
      Notify XXX promptly of the acceptance or rejection of any subscription. The
      Company shall not (i) accept subscriptions from, or make sales of Units to,
      any
      prospective Investors who are not, to the Company's knowledge, accredited
      investors, or (ii) unreasonably reject any subscription for Units, provided,
      that the Company may reject subscriptions if it, in its sole discretion,
      determines that, notwithstanding the lack of a maximum offering amount, it
      desires to terminate the Offering when it is satisfied with the total number
      of
      Units sold.

    

    (j)
      Cooperate with Placement Agent's counsel to file five copies of a Notice of
      Sales of Securities on Form D with the SEC no later than 15 days after the
      sale
      of the Units, and/or such documents or certificates as are required by any
      particular state “blue sky” law. The Company shall file promptly such amendments
      to such Notice on Form D as shall become necessary and, as requested by XXX,
      shall also comply with any filing requirement imposed by the laws of any state
      or jurisdiction in which offers and sales are made. The Company shall furnish
      XXX with copies of all such filings.

    

    (k)
      Not,
      directly or indirectly, engage in any act or activity which may jeopardize
      the
      status of the offering and sale of the Units as exempt transactions under the
      Act or under the securities or “blue sky” laws of any jurisdiction in which the
      Offering may be made. Without limiting the generality of the foregoing, and
      notwithstanding anything contained herein to the contrary, the Company shall
      not, directly or indirectly, engage in any offering of securities which, if
      integrated with the Offering in the manner prescribed by Rule 502(a) of
      Regulation D and applicable releases of the SEC, may jeopardize the status
      of
      the offering and sale of the Units as exempt transactions under Regulation
      D.

    

    (l)
      Apply
      the net proceeds from the sale of the Units as set forth in the PPM.

    

    (m)
      Not,
      during the period commencing on the date hereof and ending on the Closing Date,
      issue any press release or other communication, or hold any press conference
      with respect to the Company, its financial condition, results of operations,
      business, properties, assets, or liabilities, or the Offering, without XXX’s
      prior written consent, except as required by applicable securities laws and
      except as may be related to the marketing and sale of its products in the normal
      course of business. 

    

    (n)
      Provide each Investor with a full executed copy of that certain Registration
      Rights Agreement by and between the Company and each Investor in the form
      attached as an exhibit to the PPM (the “Registration Rights Agreement”) which
      agreement will provide that the Company shall file a registration statement
      (the
“Registration Statement”) with the SEC within 30 days of the closing of a merger
      or other business combination with an operating business (“Merger”) or any other
      event pursuant to which the Company ceases to be a “shell company,” and a “blank
      check company” as defined under the Exchange Act. Pursuant to the terms of the
      Registration Rights Agreement, the Company shall use its best efforts to obtain
      an order of effectiveness from the SEC declaring the registration statement
      effective as soon as reasonably possible, but in no event later than 150 days
      from the closing of a Merger or 180 days if the registration statement is
      subject to review and comment from the SEC and to maintain the effectiveness
      of
      such registration statement until
      the
      date which is the earlier of (i) at such time that the sale of all Registrable
      Securities (as defined in the Registration Rights Agreement) covered thereby
      has
      been completed, or (ii) at such time that all Registrable Securities covered
      thereby may be sold without volume restrictions pursuant to Rule 144.

    

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    8.
      Payment of Expenses. 

    

    The
      Company shall pay all fees, charges, expenses and disbursements relating to
      the
      Offering, including, without limitation, all fees, charges, expenses and
      disbursements in connection with (a) the preparation, printing, filing,
      distribution and mailing of the PPM and any supplement and amendment thereto
      and
      all other documents relating to the Offering and the purchase, sale and delivery
      of the Units, including the cost of all copies thereof; (b) the issuance, sale,
      transfer and delivery of the Units, including any transfer or other taxes
      payable thereon and the fees of any transfer agent or registrar; (c) the
      registration or qualification of the Common Stock for offer and sale under
      the
      securities laws of such states and other jurisdictions as XXX may designate
      (including, without limitation, all filing and registration fees and the
      reasonable "blue sky" fees and disbursements of XXX 's counsel); (d) legal
      fees
      of XXX’s counsel not to exceed $5,000; and (e) printing, mailing, travel and
      lodging expenses and other out-of-pocket expenses incurred by XXX in connection
      with this Offering; provided, that all out-of-expenses in excess of $200 shall
      be subject to the prior approval of the Company, which approval shall not be
      unreasonably withheld. Upon XXX 's request, the Company shall provide funds
      to
      pay all such fees, charges, expenses and disbursements in advance. 

    

    9. Conditions
      of Placement Agent's Obligations.

    

    The
      obligations of the Placement Agent pursuant to this Agreement shall be subject,
      in its discretion, to the continuing accuracy of the representations and
      warranties of the Company contained herein and in each certificate and document
      contemplated under this Agreement to be delivered to the Placement Agent, as
      of
      the date hereof and as of the Closing Date, with respect to the performance
      by
      the Company of its obligations hereunder, and to the following
      conditions:

    

    (a)
      At
      the Closing and the Final Closing, the Placement Agent shall have received
      the
      favorable opinion of Feldman Weinstein & Smith LLP, counsel for the Company,
      dated each Closing Date, addressed to the Placement Agent and the investors,
      and
      in form and scope satisfactory to counsel for the Placement Agent, to the effect
      that: 

    

    (i)
      the
      Company is a corporation duly organized, validly existing, and in good standing
      under the laws of the State of Delaware, with full corporate power and authority
      to own, lease, license, and use its properties and assets and to conduct its
      business in the manner described in the Offering Documents and is duly qualified
      to do business and is in good standing as a foreign corporation in every
      jurisdiction in which its ownership, leasing, licensing, or use of property
      and
      assets or the conduct of its business makes such qualification necessary (except
      where the failure to so qualify would not have a material adverse effect upon
      the Company or its business);

    

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

    (ii)
      the
      Company has, as of the date hereof, an authorized, and, to such counsel's
      knowledge, outstanding capitalization as set forth in the PPM. Each issued
      and
      outstanding share of Common Stock is validly authorized, validly issued, fully
      paid, and nonassessable, with no personal liability attaching to the ownership
      thereof solely by being such a holder to such counsel's knowledge or as set
      forth on a schedule hereto has not been issued and is not owned or held in
      violation of any preemptive right of stockholders; 

    

    (iii)
      the
      Company has all requisite corporate power and authority to execute, deliver,
      and
      perform this Agreement, and to consummate the transactions contemplated hereby.
      This Agreement has been duly authorized, executed, and delivered by the Company,
      is the legal, valid, and binding obligation of the Company, and is enforceable
      against the Company in accordance with its terms, except as such enforceability
      may be limited by applicable bankruptcy, insolvency, reorganization, moratorium
      and other laws of general application now or hereafter in effect relating to
      or
      affecting the enforcement of creditors' right generally and the application
      of
      general equitable principles in any action, legal or equitable and then except,
      as to those provisions relating to indemnity or contribution, such opinion
      shall
      be limited as effected by any Federal or state securities laws regarding
      indemnity and/or contribution; and 

    

    (iv)
      assuming that (a) a proper Form D is filed in accordance with Rule 503 of
      Regulation D, (b) that the offer and the sale of the Units by the Placement
      Agent was made in compliance with Rule 506 of Regulation D and that the
      Placement Agent's representations and warranties set forth herein are true
      and
      correct, and (c) that the representations of the Investors in the Subscription
      Agreements signed by them are true and correct (which facts will not be
      independently verified by such counsel), the sale of Securities in the Offering
      is exempt from registration under the Securities Act of 1933 and is in
      compliance with Regulation D; 

    

    In
      rendering such opinion, counsel for the Company may rely (A) as to matters
      of
      fact, on certificates of responsible officers of the Company; and (B) to the
      extent they deem proper, upon written statements or certificates of officers
      of
      departments of various jurisdictions having custody of documents respecting
      the
      corporate existence or good standing of the Company, provided that copies of
      any
      such statements or certificates shall be delivered to counsel for the Placement
      Agent.

    

    (a)
      On or
      prior to the Closing Date the Placement Agent shall have been furnished such
      information, documents, certificates, and opinions as it may reasonably require
      for the purpose of enabling it to review the matters referred to in Section
      6,
      and in order to evidence the accuracy, completeness, or satisfaction of any
      of
      the representations, warranties, covenants, agreements, or conditions herein
      contained, or as it may otherwise reasonably request.

    

    (b)
      At
      the Closing, the Placement Agent shall have received a certificate of the
      President and of the Chief Financial Officer of the Company, dated as of the
      Closing Date to the effect that, as of the date of this Agreement and as of
      the
      Closing Date the representations and warranties of the Company contained herein
      were and are accurate, and that as of the Closing Date the obligations to be
      performed by the Company hereunder on or prior thereto have been fully
      performed. Notwithstanding the foregoing, the Company hereby represents and
      warrants that at the Closing, the representations and warranties contained
      herein shall be true and correct in all respects.

    

    (c)
      All
      proceedings taken in connection with the issuance, sale, and delivery of the
      Units shall be satisfactory in form and substance to XXX and XXX’s
      counsel.

    

    (d)
      There
      shall not have occurred after the date hereof, at any time prior to each
      Closing: (A) any domestic or international event, act, or occurrence which
      has
      materially disrupted, or in XXX’s opinion will in the immediate future
      materially disrupt the securities markets; (B) a general suspension of, or
      a
      general limitation on prices for, trading in securities on any national
      securities exchange or the over-the-counter market; (C) any banking moratorium
      declared by a state or federal authority; (D) any material interruption in
      the
      mail service or other means of communication within the United States; or (E)
      any change in the market for securities in general or in political, financial,
      or economic conditions which, in XXX’s judgment, makes it inadvisable to proceed
      with the offering, sale, and delivery of the Units. 

    

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

    Any
      certificate or other document signed by any officer of the Company and delivered
      to XXX or to XXX’s counsel at the Closing shall be deemed a representation and
      warranty by the Company hereunder as to the statements made therein. If any
      condition to XXX obligations hereunder has not been fulfilled as and when
      required to be so fulfilled, XXX may terminate this Agreement or, if XXX so
      elects, in writing waive any such conditions which have not been fulfilled
      or
      extend the time for their fulfillment. In the event that XXX elects to terminate
      this Agreement, XXX shall notify the Company of such election in writing. Upon
      such termination, neither party shall have any further liability or obligation
      to the other except as provided in Section 11 hereof.

    

    10. Conditions
      of Company's Obligations. 

    

    The
      obligations of the Company pursuant to this Agreement shall be subject, in
      its
      discretion, to the performance by the Placement Agent in all material respects
      of its obligations hereunder and to the continuing accuracy of the
      representations and warranties of the Placement Agent contained
      herein.

    

    11. Termination.

    

    (a)
      This
      Agreement is effective upon the date hereof and shall remain in effect until
      (i)
      the Closing Date, or (ii) the earlier termination as herein provided. The
      Agreement may be terminated as follows:

    

    (i)
      by
      either Party at any time prior to the expiration of the Offering Period in
      the
      event that the other shall have failed to perform any of its material
      obligations hereunder. In the event of any such termination by the Company,
      the
      Placement Agent shall not be entitled to any amounts whatsoever except as may
      be
      due under any indemnity or contribution obligation provided herein or any of
      the
      Offering Documents, at law or otherwise.

    

    (ii)
      upon
      mutual agreement of the
      Company and Placement Agent at
      any
      time prior to the expiration of the Offering Period. 

    

    (b)
      Before
      any termination by the Placement Agent or by the Company pursuant to this
      Section 11 shall become effective, the terminating party shall give written
      notice to the other party of its intention to terminate the Agreement (the
      “Termination Notice”). The Termination Notice shall specify the grounds for the
      proposed termination. If the specified grounds for termination, or their
      resulting adverse effect on the transactions contemplated hereby, are curable,
      then the other party shall have ten (10) days from the Termination Notice within
      which to remove such grounds or to eliminate all of their material adverse
      effects on the transactions contemplated hereby; otherwise, the Offering shall
      terminate.

    

    (c)
      Upon
      any termination pursuant to this Section 11, the Placement Agent and the Company
      shall instruct the Escrow Agent to cause all monies received with respect to
      the
      subscriptions for Units not accepted by the Company to be promptly returned
      to
      such Investors without interest, penalty, expense or deduction. The Company
      shall be responsible for any outstanding fees owed to the Escrow
      Agent.

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

    

     (d)
      Neither party shall have any liability or continuing obligation to the other
      upon termination of this Agreement in accordance with paragraph 11 except that,
      regardless of which party elects to terminate, (i) the Company agrees to
      reimburse the Placement Agent for, or otherwise pay and bear, the expenses
      and
      fees to be paid and borne by the Company as provided for in paragraph 8 above
      and to reimburse the Placement Agent for the full amount of its actual
      out-of-pocket expenses for which it is responsible pursuant to the terms hereof
      (which shall include, without limitation, the fees and disbursements of the
      Placement Agent's counsel, travel and lodging expenses, mailing, printing and
      reproduction expenses, and any expenses reasonably incurred by the Placement
      Agent in conducting its due diligence) less amounts previously paid to the
      Placement Agent in reimbursement for such expenses and the advance against
      expenses delivered upon the execution of this Agreement, and (ii) the provisions
      of paragraph 13 and the Indemnification Provisions in paragraph 12 shall remain
      in full force and effect; provided further, that in the event the Company
      terminates this agreement, except as otherwise provided herein, prior to the
      consummation of the Offering, and within 90 days from the date of such
      termination, consummates any financing, merger, acquisition or like transaction
      introduced to, or considered by, the Company, during the term hereof, the
      Placement Agent shall be entitled to receive an amount equal to 10% of the
      aggregate amount of such financing. In the event the Placement Agent arranges
      the sale of any securities under this Agreement, paragraphs 4, 5, 6, 7, 8,
      12,
      13, 14 and 15 shall survive the termination of this Agreement.

    

    12.
      Indemnification and Contribution. 

    

    (a)
      The
      Company agrees to indemnify and hold harmless the Placement Agent, its officers,
      directors, partners, employees, agents, and counsel, and each person, if any,
      who controls the Placement Agent within the meaning of Section 15 of the Act
      or
      Section 20(a) of the Exchange Act, against any and all loss, liability, claim,
      damage, and expense whatsoever (which shall include, for all purposes of this
      Section 12, but not be limited to, attorneys' fees and any and all expense
      whatsoever incurred in investigating, preparing, or defending against any
      litigation, commenced or threatened, or any claim whatsoever and any and all
      amounts paid in settlement of any claim or litigation) as and when incurred
      arising primarily and directly out of, based upon, or in connection with (i)
      any
      untrue statement or alleged untrue statement of a material fact contained in
      the
      Offering Documents or in any document delivered or written statement made
      pursuant to Section 7(f) in any application or other document or communication
      (it being understood that neither the Company nor any officer, director or
      employee shall provide any information to any prospective Investor which is
      not
      contained in the Offering Documents) (in this Section 12 collectively called
      an
      "application") executed by or on behalf of the Company or based upon written
      information furnished by or on behalf of the Company filed in any jurisdiction
      in order to register or qualify the Units under the "blue sky" or securities
      laws thereof or in order to secure an exemption from such registration or
      qualification or filed with the SEC; or any omission or alleged omission to
      state a material fact required to be stated therein or necessary to make the
      statements therein not misleading, unless such statement or omission was made
      in
      reliance upon and in conformity with written information furnished to the
      Company as stated in Section 12(b) with respect to the Placement Agent expressly
      for inclusion in the Offering Documents or in any application, as the case
      may
      be; or (ii) any breach of any representation, warranty, covenant, or agreement
      of the Company contained in this Agreement. The foregoing agreement to indemnify
      shall be in addition to any liability the Company may otherwise have, including
      liabilities arising under this Agreement. 

    

    If
      any
      action is brought against the Placement Agent or any of its officers, directors,
      partners, employees, agent, or counsel, or any controlling persons of the
      Placement Agent (an "indemnified party"), in respect of which indemnity may
      be
      sought against the Company pursuant to the foregoing paragraph, such indemnified
      party or parties shall promptly notify the Company (the "indemnifying party")
      in
      writing of the institution of such action (but the failure so to notify shall
      not relieve the indemnifying party from any liability it may have other than
      pursuant to this Section 12(a)) and the indemnifying party shall promptly assume
      the defense of such action, including the employment of counsel (reasonably
      satisfactory to such indemnified party or parties) and payment of expenses.
      Such
      indemnified party shall have the right to employ its own counsel in any such
      case, but the fees and expense of such counsel shall be at the expense of such
      indemnified party unless the employment of such counsel shall have been
      authorized in writing by the indemnifying party in connection with the defense
      of such action or the indemnifying party shall not have promptly employed
      counsel satisfactory to such indemnified party or parties to have charge of
      the
      defense of such action or such indemnified party or parties shall have
      reasonably concluded that there may be one or more legal defenses available
      to
      it or them or to other indemnified parties which are different from or
      additional to those available to one or more of the indemnifying parties, in
      any
      of which events such fees and expenses of one such counsel shall be borne by
      the
      indemnifying party and the indemnifying party shall not have the right to direct
      the defense of such action on behalf of the indemnified party or parties.
      Anything in this paragraph to the contrary notwithstanding, the indemnifying
      party shall not be liable for any settlement of any such claim or action
      effected without its written consent. The Company agrees promptly to notify
      the
      Placement Agent of the commencement of any litigation or proceedings against
      the
      Company or any of its officers or directors in connection with the sale of
      the
      Units, the Offering Documents, or any application. 

    

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

    (b)
      The
      Placement Agent agrees to indemnify and hold harmless the Company, its officers,
      directors, employees, agents, and counsel, and each other person, if any, who
      controls the Company within the meaning of Section 15 of the Act or Section
      20(a) of the Exchange Act, to the same extent as the foregoing indemnity from
      the Company to the Placement Agent in Section 12(a), with respect to any and
      all
      loss, liability, claim, damage, and expense whatsoever (which shall include,
      for
      all purposes of this Section 12, but not be limited to, attorneys' fees and
      any
      and all expense whatsoever incurred in investigating, preparing, or defending
      against any litigation, commenced or threatened, or any claim whatsoever and
      any
      and all amounts paid in settlement of any claim or litigation) as and when
      incurred arising out of, based upon, or in connection with (i) statements or
      omissions, if any, made in the Offering Documents in reliance upon and in
      conformity with written information furnished to the Company as stated in this
      Section 12 with respect to the Placement Agent expressly for inclusion in the
      Offering Documents, and (ii) the failure of the Placement Agent to comply with
      the provisions of Section 2(c) hereof or with the "blue sky" or securities
      laws
      of the jurisdictions in which the Placement Agent solicits offers to buy or
      offers to sell any Units or any breach of any representation, warranty, covenant
      or agreement of the Placement Agent contained in this Agreement. The foregoing
      agreement to indemnify shall be in addition to any liability the Placement
      Agent
      may otherwise have, including liabilities arising under this Agreement. If
      any
      action shall be brought against the Company or any other person so indemnified
      and in respect of which indemnity may be sought against the Placement Agent
      pursuant to this Section 12, the Placement Agent shall have the rights and
      duties given to the indemnifying party, and the Company and each other person
      so
      indemnified shall have the rights and duties given to the indemnified parties,
      by the provisions of Section 12(a) hereof.

    

    (c)
      To
      provide for just and equitable contribution, if (i) an indemnified party makes
      a
      claim for indemnification pursuant to Section 12(a) or 12(b) hereof but it
      is
      found in a final judicial determination, not subject to further appeal, that
      such indemnification may not be enforced in such case, even though this
      Agreement expressly provides for indemnification in such case, or (ii) any
      indemnified or indemnifying party seeks contribution under the Act, the Exchange
      Act, or otherwise, then the Company (including for this purpose any contribution
      made by or on behalf of any officer, director, employee, agent, or counsel
      of
      the Company, or any controlling person of the Company), on the one hand, and
      the
      Placement Agent (including for this purpose any contribution by or on behalf
      of
      an indemnified party), on the other hand, shall contribute to the losses,
      liabilities, claims, damages, and expenses whatsoever to which any of them
      may
      be subject, in such proportions as are appropriate to reflect the relative
      benefits received by the Company, on the one hand, and the Placement Agent,
      on
      the other hand; provided, however, that if applicable law does not permit such
      allocation, then other relevant equitable considerations such as the relative
      fault of the Company and the Placement Agent in connection with the facts which
      resulted in such losses, liabilities, claims, damages, and expenses shall also
      be considered. The relative benefits received by the Company, on the one hand,
      and the Placement Agent, on the other hand, shall be deemed to be in the same
      proportion as (x) the total proceeds from the Offering (net of compensation
      payable to the Placement Agent pursuant to Section 5(a) hereof but before
      deducting expenses) received by the Company, and (y) the compensation received
      by the Placement Agent pursuant to Section 5(a) hereof.

    

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

    The
      relative fault, in the case of an untrue statement, alleged untrue statement,
      omission, or alleged omission, shall be determined by, among other things,
      whether such statement, alleged statement, omission, or alleged omission relates
      to information supplied by the Company or by the Placement Agent, and the
      parties' relative intent, knowledge, access to information, and opportunity
      to
      correct or prevent such statement, alleged statement, omission, or alleged
      omission. The Company and the Placement Agent agree that it would be unjust
      and
      inequitable if the respective obligations of the Company and the Placement
      Agent
      for contribution were determined by pro rata or per capita allocation of the
      aggregate losses, liabilities, claims, damages, and expenses or by any other
      method of allocation that does not reflect the equitable considerations referred
      to in this Section 12(c). In no case shall the Placement Agent by responsible
      for a portion of the contribution obligation in excess of the Placement Agent’s
      Compensation received pursuant to Section 5(a) hereof. No person guilty of
      a
      fraudulent misrepresentation shall be entitled to contribution from any person
      who is not guilty of such fraudulent misrepresentation. For purposes of this
      Section 12(c), each person, if any, who controls the Placement Agent within
      the
      meaning of Section 15 of the Act or Section 20(a) of the Exchange Act and each
      officer, director, partners, employee, agent, and counsel of the Placement
      Agent, shall have the same rights to contribution as the Placement Agent, and
      each person, if any, who controls the Company within the meaning of Section
      15
      of the Act or Section 20(a) of the Exchange Act and each officer, director,
      employee, agent, and counsel of the Company, shall have the same rights to
      contribution as the Company, subject in each case to the provisions of this
      Section 12(c). Anything in this Section 12(c) to the contrary notwithstanding,
      no party shall be liable for contribution with respect to the settlement of
      any
      claim or action effected without its written consent. This Section 12(c) is
      intended to supersede any right to contribution under the Act, the Exchange
      Act,
      or otherwise.

    

    (d) Survival
      of Indemnities, Representations, Warranties, etc.
      The
      respective representations and warranties of XXX and the Company as set forth
      in
      this Agreement or made by them respectively, pursuant to this Agreement, shall
      remain in full force and effect, regardless of any investigation made by or
      on
      behalf of XXX, the Company, or any of the officers or directors of the Company
      or any controlling person, and shall survive delivery of and payment for the
      Units.

    

    13. Non-Solicitation.

    

    The
      Company agrees that, for a period of one year from the date hereof, it shall
      not
      solicit any offer to buy from or offer to sell any person introduced to the
      Company by the Placement Agent in connection with the Offering, directly or
      indirectly, any securities of the Company or of any other entity, or provide
      the
      name of any such person to any other securities broker or dealer or selling
      agent. In the event that the Company, directly or indirectly, solicits, offers
      to buy from or offers to sell to any such person any such securities, or
      provides the name of any such person to any other securities broker or dealer
      or
      selling agent, and such person purchases such securities or purchases securities
      from any other securities broker or dealer or selling agent, the Company shall
      pay to the Placement Agent an amount equal to 10% of the aggregate purchase
      price of the securities so purchased by such person.

    

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    

    14. Representations
      and Agreements to Survive Delivery.

     

    All
      representations, warranties, covenants, and agreements contained in this
      Agreement shall be deemed to be representations, warranties, covenants, and
      agreements at the Closing Date and, such representations, warranties, covenants,
      and agreements, including the indemnification and contribution agreements
      contained in Section 12, shall remain operative and in full force and effect
      regardless of any investigation made by or on behalf of the Placement Agent
      or
      any indemnified person, or by or on behalf of the Company or any person or
      entity which is entitled to be indemnified under Section 12(b), and shall
      survive termination of this Agreement or the issuance, sale, and delivery of
      the
      Units. In addition, notwithstanding any election hereunder or any termination
      of
      this Agreement, and whether or not the terms of this Agreement are otherwise
      carried out, the provisions of Sections 6, 7(a), 7(c), 10 and 12 shall survive
      termination of this Agreement and shall not be affected in any way by such
      election or termination or failure to carry out the terms of this Agreement
      or
      any part thereof.

    

    15.
      Notices.

    

    All
      communications hereunder, except as may be otherwise specifically provided
      herein, shall be in writing and, if sent to the Placement Agent, shall be mailed
      by certified mail, hand delivered, or sent by overnight courier service, to
      XXX,
      Placement Agent’s address, Attention: YYY, with a copy to XXX’s legal counsel,
      Address, Attention: ZZZ; or if sent to the Company, Vision Acquisition II,
      Inc.,
      20 West 55th
      Street,
      5th
      Floor,
      New York, NY 10019, Attention: Antti William Uusiheimala, with a copy to Feldman
      Weinstein & Smith LLP, 420 Lexington Avenue, Suite 2620, New York, NY 10170;
      Attention: David Feldman, Esq. All notices hereunder shall be effective upon
      receipt by the party to which it is addressed.

    

    16.
      Parties; Assignment.

    

    This
      Agreement shall inure solely to the benefit of, and shall be binding upon,
      the
      Placement Agent and the Company and the persons and entities referred to in
      Section 12 who are entitled to indemnification or contribution, and their
      respective successors, legal representatives, and permitted assigns (which
      shall
      not include any purchaser, as such, of Units), and no other person shall have
      or
      be construed to have any legal or equitable right remedy, or claim under or
      in
      respect of or by virtue of this Agreement or any provision herein contained.
      This Agreement may not be assigned by the Placement Agent except upon the prior
      written consent of the Company. 

    

    17.
      Construction.

    

    This
      Agreement shall be construed in accordance with the laws of the State of New
      York, without giving effect to conflict of laws. Any or all actions or
      proceedings which may be brought by the Company or XXX under this Agreement
      shall be brought in the federal or state courts having a situs within the State
      of New York, New York County, and the Company and XXX each hereby consent to
      the
      jurisdiction of any local, state, or federal court located within the State
      of
      New York, New York County and waive all objections to venue.

    

    18.
      Entire Agreement.

    

    This
      Agreement supersedes all prior agreement between the parties with respect to
      the
      Units to be offered and sold hereunder and with the subject matter
      hereof.

     

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    

     

    
      	19.  	
              Severability.

            

    

    

    If
      any
      provision of this Agreement is held to be illegal, invalid or unenforceable
      under any present or future laws, such provision shall be fully severable.
      This
      Agreement shall be construed and enforced as if such illegal, invalid or
      unenforceable provision had never comprised a part of this Agreement, and the
      remaining provisions of this Agreement shall remain in full force and effect
      and
      shall not be affected by the illegal, invalid or unenforceable provision or
      by
      its severance from this Agreement. Furthermore, in lieu of each such illegal,
      invalid or unenforceable provision there shall be deemed added automatically
      as
      a part of this Agreement a provision as similar in terms to such illegal,
      invalid or unenforceable provision as may be possible to cause such provision
      to
      be legal, valid and enforceable.

    

    
      	20.  	
              Headings.

            

    

    

    The
      captions and headings used in this Agreement are for convenience only and do
      not
      in any way affect, limit, amplify or modify the terms and provisions of this
      Agreement.

    

    
      	21.  	
              Modification;
                Performance; Waiver.

            

    

    

    No
      provision of this Agreement may be changed or terminated except by a writing
      signed by the party or parties to be charged therewith. Unless expressly so
      provided, no party to this Agreement will be liable for the performance of
      any
      other party’s obligations hereunder. Any party hereto may waive compliance by
      the other with any of the terms, provisions and conditions set forth herein;
      provided,
      however,
      that
      any such waiver shall be in writing specifically setting forth those provisions
      waived thereby. No such waiver shall be deemed to constitute or imply waiver
      of
      any other term, provision or condition of this Agreement.

    

    22.
      Counterparts.

    

    This
      Agreement may be executed in counterparts, each of which shall constitute an
      original and all of which, when taken together, shall constitute one
      agreement.

    

     

    

    [Remainder
      of Page Intentionally Left Blank] 

     

     

     

     

     

     

     

    
 

    

    
      
        
        

      

      
        19

        
          

        

      

      
        
        

      

    

    
 

    If
      the
      foregoing correctly sets forth the understanding between us, please so indicate
      in the space provided below for that purpose, whereupon this letter shall
      constitute a binding agreement among us. 

     

    
      	 	 	 
	 	Very
              truly yours,
              
	 	 
	 	VISION ACQUISITION II, INC.
	 
 	 
 	 
 
	 	By:  	/s/ Antti
              William Uusiheimala
	 	
              
Name:
              Antti William Uusiheimala
	 	Title:
              President 

    

     

    Accepted
      as of the date

    first
      above written:

    

    XXX

    

    

    
      	By:	
              /s/
                YYY  

            

      	 	Name: YYY

      	 	Title:
              President

    

     

     

    
      
        
        

      

      
        20Confidential
      treatment has been requested for portions of this exhibit. The copy filed
      herewith omits the information subject to a confidentiality request. Omissions
      are designated [*****]. A complete version of this exhibit has been filed
      separately with the Securities and Exchange Commission with the confidentiality
      request.

     

    EXCLUSIVE
      RESELLER AND 

    MARKET
      DEVELOPMENT ALLIANCE

    

    This
      Exclusive Reseller and Market Development Agreement (“Agreement”) is entered
      into between Enerteck Chemical Corporation (“ECC”), and Custom Fuel Services
      Inc. (“Custom Fuel”) as reseller, to be effective as of the date set forth on
      the signature page hereof (the “Effective Date”). ECC and Custom Fuel agree as
      follows:

    

    RECITALS:

    

    WHEREAS,
      ECC has certain proprietary knowledge of the product EnerBurn and expertise
      relating to the commercial application of the product in diesel engines to
      improve fuel economy, increase engine life, and increase engine performance
      (the
“Technology”). 

    

    WHEREAS,
      Ingram Barge Company desires to use EnerBurn in their Lower Mississippi River
      Fleet and EC desires to make Custom Fuel the exclusive reseller on the Western
      Rivers of the United States. For the purposes of this Agreement, “Western Rivers
      of the United States” means the Mississippi River, its tributaries, South Pass,
      and Southwest Pass, to the navigational demarcation lines dividing the high
      seas
      from harbors, rivers and other inland waters of the United States, excluding
      the
      Intra Coastal Waterway.

    

    NOW,
      THEREFORE, ECC and Custom Fuel hereby agree as follows:

    

    
      	
              1.

            	
              Definition
                of Market

            

    

    

    For
      purposes of this Agreement, the term “Market” shall mean Western Rivers of the
      United States excluding the Intra Coastal Waterway.

    

    
      	
              2.

            	
              Appointment
                of Reseller

            

    

    

    In
      consideration of Custom Fuel’s activities promoting ECC’s Product and investment
      in marketing programs to develop substantial sales in the Market for the
      TECHNOLOGY, ECC hereby appoints Custom Fuel to serve as the exclusive reseller
      in the Market of the TECHNOLOGY and the Product, subject to the terms and
      conditions set forth herein. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	a.	
              Term

            

    

    

    The
      initial term of this Agreement shall be three years (“Initial Term”). If this
      Agreement has not been terminated earlier, on the third anniversary of the
      Effective Date (such third anniversary, together with each successive
      anniversary of the Effective Date in which the Agreement remains in effect,
      collectively referred to as the “Renewal Date”) it shall renew automatically for
      successive one year terms. (The Initial Term and each successive one year term
      hereafter referred to collectively as the “Term”).

    

    
      	 	
              (i)

            	
              ECC
                shall have the right to terminate this Agreement at any time if Custom
                Fuel has defaulted under the terms hereof and such default remains
                outstanding and uncured on and after the thirtieth day following
                Custom
                Fuel’s receipt of written notice of such
                default.

            

    

    

    
      	 	
              (ii)

            	
              Custom
                Fuel shall have the right to terminate this Agreement at any time
                if ECC
                has defaulted under the terms hereof and such default remains outstanding
                and uncured on and after the thirtieth day following ECC’s receipt of
                written notice of such default.

            

    

    

    
      	 	
              (iii)

            	
              This
                Agreement is terminable by either party upon sixty (60) days prior
                written
                notice to the other party.

            

    

    

    
      	 	
              (iv)

            	
              Custom
                Fuel and Ingram Barge Company will not use this agreement to retain
                exclusive use of solely EnerBurn for its own
                fleet.

            

    

    

    
      	3.	
              Exclusive
                Appointment

            

    

    

    ECC
      agrees that, throughout the term of this Agreement, Custom Fuel shall be the
      exclusive authorized reseller of the Products and the TECHNOLOGY in the Market.
      The foregoing notwithstanding, EC shall not be in breach of this Agreement
      if,
      unknown to EC, a purchaser of the TECHNOLOGY or the Products for use or resale
      outside the Market also uses the TECHNOLOGY in part for diesel performance
      enhancement.

    

    
      	 	
              (i)

            	
              ECC
                will actively enforce the exclusive market rights granted
                hereunder.

            

    

    

    
      	 	
              (ii)

            	
              ECC
                will not attempt to circumvent Custom Fuel and sell the Products
                or the
                TECHNOLOGY directly to any end user in the Market. ECC additionally
                will
                not compete against Custom Fuel within the Market during the Term
                of this
                Agreement. 

            

    

    

    
      	 	
              (iii)

            	
              However
                if there is a potential customer who refuses to purchase through
                Custom
                Fuel, and wishes to purchase directly from
                ECC.

            

    

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    -ECC
      shall with Custom Fuel’s knowledge and approval effect the sale at a wholesale
      price of $[*****]
      per
      gallon of product to other reseller’s in the market. Other end user’s will be
      charged the retail price of $[*****].

    

    -If
      the
      product is sold through Custom Fuel, Custom Fuel retains all profit over and
      above $[*****].

    

    -If
      ECC
      sells product at $[*****]
      per
      gallon ECC will pay Custom Fuel $[*****]
      per
      gallon sold. ECC retains $[*****].

    

    -
      If ECC
      sells product at $[*****]
      per
      gallon ECC will pay Custom Fuel $[*****]
      per
      gallon sold. ECC retains $[*****].

     

    
      	 	
              (iv)

            	
              ECC
                shall provide 100% of the Products required by Custom Fuel for resale
                in
                the Market. 

            

    

     

    
      	 	
              b.

            	
              Support
                for Market Development

            

    

    

    ECC
      agrees that it shall provide Custom Fuel with support to develop the commercial
      demand for the Technology and product within the Market. In furtherance of
      this
      commitment, ECC agrees that it shall, without limitation:

    

    
      	 	
              (i)

            	
              Provide
                consulting statistician services to Custom
                Fuel;

            

    

    

    
      	 	
              (ii)

            	
              Assist
                Custom Fuel in marketing meetings and presentations at times and
                places
                agreed upon by ECC and Custom Fuel;

            

    

    

    
      	 	
              (iii)

            	
              Provide
                Custom Fuel with performance assessment
                methodology.

            

    

    

    
      	4.	
              Product
                Pricing

            

    

    

    During
      the Initial Term, Custom Fuel agrees to pay ECC the price of $[*****]
      per
      gallon FOB manufacturing point for the Product. The parties agree that the
      price
      can be adjusted at the end of the first year from the date of this agreement.
      The price per gallon shall be adjusted no more than [*****] percent
      ([*****]%),
      based
      upon ECC’s demonstrated costs. Any such increase in the price per gallon shall
      also adjust the pricing for the Products sold by ECC under the terms of Section
      3 hereof so as to also incrementally increase the payment to Custom Fuel from
      ECC under Section 3.

    

    
      	5.	
              Product
                Quality

            

    

    

    ECC
      agrees that it shall manufacture the Product to it’s proprietary specifications
      and warranty the quality of it’s product.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      	6.	
              Confidentiality

            

    

    

    
      	
            	a.	
              Confidential
                Information Defined

            

    

    

    Both
      parties shall maintain as confidential all information relating
      to their respective products, personnel, customers, business operations,
      financial condition,
      supplied
      by either party separately and/or developed jointly by the parties. Both parties
      further agree to safeguard as confidential all price books, customers’ lists,
      quotations, discount schedules, product formulations and engineering data,
      in
      any form, and will not permit their use in any way which would be detrimental
      to
      either party. Both parties also agree to surrender all confidential data to
      other party on request or on cancellation or termination of this agreement,
      and
      will not retain copies or memoranda of said information in any form whatsoever.
      This clause shall remain effective even after the cancellation or termination
      of
      this agreement for any reason.
      

     

    
      	 	
              b.

            	
              Use
                of Confidential Information in Marketing
                Activities

            

    

    

    ECC
      agrees and consents to the use of Confidential Information by Custom Fuel for
      purposes of marketing the Product and the TECHNOLOGY within the Market, subject
      to the following terms and conditions:

    

    
      	 	
              (i)

            	
              ECC
                shall be provided with copies, in advance, of all written advertising
                and
                marketing materials that characterize the specifications, or assess
                the
                performance qualities, of the Products or otherwise disclose Confidential
                Information;

            

    

    

    
      	 	
              (ii)

            	
              ECC
                shall be entitled to utilize any Confidential Information relating
                to its
                own proprietary products, business operations or financial condition
                for
                all marketing and other purposes; except that ECC shall not disclose
                any
                Confidential Information for the purpose of competing with, or assisting
                any other person to compete with, Custom Fuel within the Market;
                and

            

    

    

    
      	 	
              (iii)

            	
              Custom
                Fuel shall be entitled to utilize any Confidential Information relating
                to
                its own proprietary products, business operations or financial condition
                for all marketing and other
                purposes.

            

    

    

    
      	 	
              c.

            	
              Non-Disclosure
                of Confidential
                Information

            

    

    

    Throughout
      the term of this Agreement, and for twenty-four (24) months thereafter, neither
      ECC nor Custom Fuel shall disclose any Confidential Information to any person,
      and shall limit access to the Confidential Information to only those persons
      having need during the normal course of their employment, except:

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    
      	 	
              (i)

            	
              As
                permitted in Section 5(c) above;

            

    

    
      	 	
              (ii)

            	
              Upon
                the written consent of the non-disclosing
                party;

            

    

    
      	 	
              (iii)

            	
              Where
                the disclosing party can demonstrate, by written evidence, that such
                Confidential Information:

            

    

    

    -Is
      or
      becomes part of the public domain through no act or omission of the disclosing
      party;

    

    -Is
      in
      the possession of the receiving party prior to the disclosure, as evidenced
      by
      the receiving party’s business records;

    

    -Has
      been
      disclosed to the receiving party by a third party having no obligation of
      confidence to the disclosing party; or

    

    -Is
      developed independently by employees of the receiving party, as evidenced by
      the
      receiving party’s business records; or

    

    
      	 	
              (iv)

            	
              Where
                disclosure of the Confidential Information is required by law or
                governmental request, where the parties have reviewed such governmental
                request in advance of disclosure and where the requirement of such
                disclosure can not be ameliorated by the reasonable efforts of the
                disclosing party.

            

    

    

    The
      parties agree that Confidential is not within, and does not come within, the
      public domain merely because features of the Confidential Information may be
      found separately within the public domain.

    

    
      	 	
              d.

            	
              Remedies
                for Disclosure

            

    

    

    Each
      ECC
      and Custom Fuel agree that a breach of its respective obligations under this
      Section 5 shall cause irreparable injury to the non-disclosing party, and that
      the non-disclosing party shall have the right to immediate injunctive relief
      restraining the disclosing party from further breaches of this Section 5.

    

    
      	 	
              e.

            	
              Return
                of Confidential
                Information

            

    

    

    Upon
      the
      termination of this Agreement, all Confidential Information shall be returned
      to
      the disclosing party. The provisions of this Section 5 shall survive termination
      of the Agreement.

    

    
      	
              7.

            	
              COMPETITION.
                

            

    

    

    Other
      than any existing agreements or alliances that Custom Fuel, or its affiliates,
      has in place as of the date hereof, Custom Fuel agrees that it shall (a) not
      furnish services substantially similar to or that competes with the services
      being provided by Custom Fuel to EnerTeck pursuant to this agreement to any
      third party in competition with EnerTeck, and (b) not directly engage in, nor
      enter into a joint venture which engages in, the particular
      business activities offered by EnerTeck in the territory. The restrictions
      placed on Custom Fuel under this Section 6 shall be limited to activities and
      competitors related solely to fuel additives.

    

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    

    
      	
              8.

            	
              INDEMNITY

            

    

     

    EnerTeck
      agrees to protect, defend, indemnify and hold harmless and release Custom Fuel,
      its parent, subsidiary and affiliated companies, its officers, directors and
      employees, from and against any manner of loss, liability, claim, damage,
      penalty or cost, including but not limited to, reasonable attorneys’ fees
      arising in connection with this Agreement or the design, specifications, design
      or manufacture of EnerTeck’s products.

    

    Custom
      Fuel agrees to protect, defend, indemnify and hold harmless and release
      EnerTeck, its parent, subsidiary and affiliated companies, its officers,
      directors and employees, from and against any manner of loss, liability, claim,
      damage, penalty or cost, including but not limited to, reasonable attorneys’
fees arising in connection with this Agreement or that is asserted by any third
      party to the extent that such loss is caused by any grossly negligent or willful
      misconduct of Custom Fuel.

     

    
      	
              9.

            	
              Miscellaneous

            

    

    

    
      	 	
              a.

            	
              Governing
                Law. THE
                INTERPRETATION AND ENFORCEMENT OF THIS AGREEMENT SHALL BE GOVERNED
                BY THE
                INTERNAL LAWS OF THE STATE OF
                TEXAS.

            

    

    

    
      	 	
              b.

            	
              Amendment.
                This
                Agreement shall not be amended except in a writing signed by both
                parties
                hereto.

            

    

    

    
      	 	
              c.

            	
              Assignment.
                This Agreement and the rights and obligations of the parties hereunder
                shall not be assigned to any person except upon the written consent
                of the
                non-assigning party.

            

    

    

    
      	 	
              d.

            	
              Relationship
                of the Parties. This
                Agreement shall not operate to create a relationship of partnership,
                joint
                venture or agency between the parties.

            

    

    

    [Signature
      Page to Follow]

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    SIGNED
      to be effective the 11th day of July, 2005.

    

    ENERTECK
      CHEMICAL CORPORATION

    

    By:
      /s/ Dwaine Reese

    Name:
      Dwaine Reese

    Title:
      Chairman and CEO

     

    CUSTOM
      FUEL SERVICES INC.

     

    By:
      /s/ Brian Rafferty

    Name:
      Brian Rafferty

    Title:
      Vice President and General Manager

     

    
      
        
        

      

      
        7

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