Document:

f8k022708ex10a_cahr.htm

     

    

    

     

    
       

      

      

      MSO
PURCHASE AGREEMENT

       

       

      This
agreement (hereinafter the "Agreement") is entered into effective as of this
28th day of November 2007, by and among Vital Health Technologies,
Inc./Caribbean American Health Resorts, Inc., a Minnesota Corporation
(hereinafter "CAHR") and Dr. Edward Rubin the owner of record (hereinafter
"Seller"),of the MSO (hereinafter "MSO"), with respect to CAHR's purchase of the
MSO.

       

      In
consideration of the mutual covenants and promises hereinafter contained, the
Seller agrees to sell and the Buyer agrees to buy the MSO as described in
Exhibit "A" attached and incorporated by reference, upon the following terms and
conditions.

       

      1. METHOD OF
PAYMENT OF PURCHASE PRICE. The purchase price for the MSO in the manner
of payment set forth in Exhibit "B" attached and incorporated by
reference.

       

      2. POST
EXECUTION EVENTS. Upon execution of this Agreement, the following shall
be actions shall be accomplished and documents executed and delivered as set
forth in Exhibit "C" attached and incorporated by reference.

       

      3. REPRESENTATIONS
REGARDING SELLER.
Seller hereby represents and warrants as follows, each of which
representations and warranties shall also be true as of the Closing
Date:

       

      (a)
Seller is the sole owner of record and beneficially owns all of the issued and
outstanding Shares and other incidents of ownership o f the MSO.

       

      (b) The
Stockholder is the sole registered holder of the issued and outstanding Shares
of the MSO.

       

      (c) The
MSO has no outstanding or authorized capital shares, warrants, option or
convertible securities.

       

      (d) Since
December 31, 2006, there have not been any material adverse changes in the
financial position of the assets and entities comprising the MSO except changes
arising in the ordinary course of business, which changes will in not materially
and adversely affect the financial position of Momentum.

       

      (e) The
MSO is not a party to any material litigation or any governmental investigation
or proceedings and, to the knowledge of the Seller, no such litigation or
investigation is threatened.

       

      (e) The
entity or entities comprising the MSO are in good standing in its jurisdiction
of incorporation.

      

      
        
          
             

            
            

          

           

        

        
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      (f) The
MSO and Seller have (or, by the Closing Date will have) filed all material tax,
governmental and/or related forms and reports (or extensions thereof) due or
required to be filed and/or has (or will have) made adequate provisions for all
taxes or assessments which have become due as of the Closing Date.

       

      (g) The
MSO and Seller have not, breached and there is no pending or threatened claim
that they have breached any of the terms or conditions of any agreements,
contracts or commitments to which they are a party.

       

      (h) The
MSO has made, as is applicable, its corporate financial records, minute books,
and other corporate documents and records available for review to the present
management of CAHR prior to the Closing Date, during reasonable business hours
and on reasonable notice.

       

      (i) All
information regarding the MSO which is set forth herein or has otherwise been
provided to CAHR is true and accurate in all material respects.

       

      4.  REPRESENTATIONS
REGARDING CAHR. CAHR hereby represents and warrants as follows, each of
which representations and warranties shall also be true as of the Closing
Date:

       

      (a) As of
the Closing Date, the CAHR Shares to be issued and delivered to all of the
Seller will, when so issued and delivered, constitute, duly authorized, validly
and legally issued CAHR Shares fully-paid and non-assessable.

       

      (b) CAHR
has the corporate power to enter into this Agreement and to perform its
obligations hereunder. The execution and delivery of this Agreement and the
consummation of the transactions described herein have been duly authorized by
all necessary corporate action, including being duly authorized by the Board of
Directors CAHR and by its shareholders as may be required by 1aw. This Agreement
and the consummation of the transactions described herein constitute the binding
obligation of CAHR, enforceable against CAHR and its shareholders in accordance
with its terms. The execution and performance of this Agreement will not
constitute a breach of any material agreement, indenture, mortgage, license or
other regulation. The execution and performance of this Agreement will not
violate or conflict with any provision of the articles of Incorporation or
By-laws of CAHR.

       

      (c) Since
December 31, 2006, there have not been any material adverse changes in the
financial condition of CAHR. From the date hereof until the Closing Date. CAHR
shall not engage in any activity other than activities in anticipation of and in
furtherance of the transactions described in this Agreement.

       

      (d)
Neither CAHR nor, to its knowledge, any related party or affiliate of CAHR., is
a party to or the subject of any pending material litigation, claims or
governmental investigation or proceedings and there are no lawsuits, claims,
assessments, investigations, or similar matters, to the best knowledge of CAHR,
threatened or contemplated against or affecting CAHR, its properties, or any
related party or affiliate of CAHR.

      

      
        
          
             

            
            

          

           

        

        
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      (e) CAHR
and, as is applicable, each subsidiary of CAHR is duly organized, validly
existing and in good standing under the laws of the jurisdiction of its
incorporation; and CAHR and each Subsidiary of CAHR. presently has and at
Closing shall have the corporate power to own its properties and to carry on
CAHR's business as then being conducted and shall be duly qualified to do
business in any jurisdiction where so required except where the failure to so
qualify would have no material negative impact.

       

      (f) CAHR
has (or, by the Closing Date, will have filed) all material tax, governmental
and/or related forms and reports (or extensions thereof due or required 7o be
filed and/of has (or will have) paid or made adequate provisions for all taxes
or assessments which have become due as of the Closing Date.

       

      (g)
CAHR's authorized capital stock shall, immediately prior to Closing consist of:
(i) 50,000,000 shares of common stock, $0.01 par value; of which not more than
15,731,200 shares will be issued and outstanding immediately prior to Closing.
All outstanding shares of capital stock of CAHR arc validly issued, fully paid
and non-assessable. As of the date of this Agreement, there are not (and as of t
he Closing, Date there will not be) any existing options, calls, warrants,
preemptive rights or commitments of any character relating to the issued or
un-issued capital stock or other securities of CAHR. CAHR is not, as of the date
of this Agreement, nor will he as of the Closing Date, a party to any consulting
or severance agreement or any agreement similar to any of them.

       

      (h) CAHR
does not own, directly or indirectly any of the capital stock or any other
securities of any other corporation or any equity, profit sharing, participation
or interest in any corporation, partnership, joint venture or any other
entity.

       

      (i) CAHR
has disclosed in writing all events, conditions and facts materially affecting
its business, financial condition or results of operations.

       

      (j) The
corporate financial records, minute books and other documents and records of
CAHR have been made available to Seller prior to the Closing Date, during
reasonable business hours and on reasonable notice.

       

      (k) CAHR
has not breached, and there is no pending or threatened claim that CAHR has
breached any of the terms or conditions of any agreements, contracts or
commitments to which it is a party or by which it or its properties is bound.
The execution and performance hereof will not violate any provisions of
applicable law or any agreement to which CAHR is subject. CAHR hereby represents
that it is not a party to any material contract or commitment other than
appointment documents with its transfer agent and that it has disclosed to
Seller all relationships or dealings with related parties or
affiliates.

      

      
        
          
             

            
            

          

           

        

        
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      (1) The
CAHR common stock is currently quoted under the trading symbol "CAHR.PK" on the
Pink Sheet Board and there are no stop orders in effect with respect
thereto.

       

      (m) All
information regarding CAHR which is set forth herein or has otherwise been
provided by CAHR to Seller is true and accurate in all material
respects.

       

      (n) CAHR
will be current in all material respects with regard to its reporting
obligations with the SEC and, to CAHR's knowledge, all reports filed with the
SEC are materially true, complete and accurate, and there is no information or
event required to be disclosed that has not been disclosed or will not be
disclosed in any Of CAHR's public filings as of the date hereof and as of the
Closing Date. All filings required to be made with the SEC or any state or local
government to effect the transactions described herein have or will be made
prior to Closing.

       

      (o) The
affirmative vote of the holders of a majority of the issued and outstanding
shares of CAHR common stock entitled to vote is the only vote of the holders of
any class or series of the CAHR capital stock necessary to consummate the
transactions described in this Agreement.

       

      (p) CAHR
is not a party to any material litigation or any governmental investigation or
proceeding and, to the knowledge of CAHR, no such litigation or investigation is
threatened.

       

      5.  CLOSING. The Closing of
the transactions described herein shall take place on such date (the "Closing"
or "Closing Date") as mutually determined by the parties hereto when all
conditions precedent have been met and all required documents have been
delivered, which Closing is expected to be on or about the 'late of approval or
effectiveness by the SEC of any registration statement or proxy filings required
by this transaction unless extended by mutual consent of all parties
hereto.

       

      6.  CONDITIONS
PRECEDENT TO THE OBLIGATIONS OF THE SELLER. All obligations of the Seller
under this Agreement are subject to the fulfillment, prior to or at of the
Closing and/or the Effective Date, as indicated below, of each of the following
conditions:

       

      (a) The
representations and warranties regarding CAHR contained in this Agreement or in
any certificate or document delivered pursuant to the provisions hereof shall be
true in all material respects at and as of the Closing Date as though such
representations and warranties were made at and as of such time.

       

      (b) CAHR
shall have performed and complied, in all material respects, with all covenants,
agreements and conditions set forth herein, and shall have executed and
delivered all documents required by this Agreement to be performed or complied
with or executed and delivered by it prior to or at the Closing.

      

      
        
          
             

            
            

          

           

        

        
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      (c) On or
before the Closing, the Board of Directors of CAHR shall have approved in
accordance with applicable corporation law the execution and delivery of this
Agreement and the consummation of the transactions described
herein.

       

      (d) On or
before the Closing Date, CAHR shall have delivered certified copies of
resolutions of the Board of Directors of CAHR approving and authorizing the
execution, delivery and performance of this Agreement me authorizing all of the
necessary and proper action to enable CAHR to comply with the terms of this
Agreement including the election of Seller's nominees to the Board of Director
of CAHR and all matters outlined herein.

       

      (e) The
holders of a majority of CAHR's issued and outstanding common stock shall have
duly approved all applicable matters described in this Agreement in accordance
with applicable law.

       

      (f) At
the Closing, all instruments and documents delivered to the Seller pursuant to
the provisions hereof shall be reasonably satisfactory to legal counsel for
Seller.

       

      (h) The
CAHR Shares to be issued to the Seller at Closing will be validly issued
non-assessable and fully-paid under applicable corporation law and will he
issued in compliance with all federal, state and applicable securities
laws.

       

      (i) At
the Closing, CAHR shall have delivered to the Seller an opinion of its counsel
dated as of the Closing to the effect that

       

      (i) CAHR
is a corporation duly organized, validly existing and in good standing under the
laws of the jurisdiction of incorporation;

       

      (ii) CAHR
and its shareholders have authorized the execution, delivery and performance of
this Agreement by all necessary corporate action, and subject to certain
limitations relating to bankruptcy, insolvency, reorganization, fraudulent
conveyance or similar laws, rules and regulations affecting enforcement of
creditors' rights and remedies generally, the Agreement is a valid and binding
obligation of CAHR enforceable in accordance with its terms.

       

      (iii) The
CAHR Shares to be issued pursuant to Section 2 hereof, when issued, will be duly
and validly issued, fully-paid and non-assessable;

       

      (iv) CAHR
has the corporate power to execute, deliver and perform all of its obligations
under this Agreement.

       

      7.  CONDITIONS
PRECEDENT TO THE OBLIGATIONS OF CAHR.

       

      All
obligations of CAHR under this Agreement are subject to the fulfillment, prior
to or at the Closing, of each of the following conditions:

       

       

       

      
        
           

        

        
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      (a) The
representations and warranties regarding the Seller contained in this Agreement
or in any certificate or document delivered pursuant to the provisions hereof
shall be true in all material respects at and as of the closing as though such
representations and warranties were made at and as of such time.

       

      (b ) The
Seller shall have performed and complied with, in all material respects, all
covenants, agreements, and conditions required by this Agreement to be performed
or complied with by them prior to or at the Closing.

       

      8.  PRESS
RELEASES. CAHR and Seller shall consult with the other as to the form and
substance of any press release or other public disclosure of matters related to
this Agreement or any of the transactions described herein; provided however,
that nothing in this Section shall be deemed to prohibit any party hereto from
making any disclosure that is required to fulfill such party's disclosure
obligations imposed by law, including, without limitation federal securities
laws provided that the disclosing party shall provide the non-disclosing party
with reasonable advance notice thereof and any text of such
disclosure.

       

      9. INDEMNIFICATION.
For a period of two years from the Closing Date, CAHR agrees to indemnify
and hold harmless the Seller, and the Seller agrees to indemnify and hold
harmless CAHR against and in respect of any liability, damage or deficiency, all
actions, suits, proceedings, demands, assessments, judgments, costs and expenses
including reasonable attorney's fees incident of any of the forgoing, resulting
from any material misrepresentations made by an indemnifying party to an
indemnified party, an indemnifying party's to a material breach of a covenant,
representation of warranty, or an indemnifying party's non-fulfillment of any
agreement hereunder or form any material misrepresentation in or omission from
any certificate furnished or to be furnished hereunder.

       

      10.  NATURE
AND SURVIVAL OF CONDITIONS. All
representations, warranties and covenants made by any party in this Agreement
shall survive the Closing and the consummation of the transactions contemplated
hereby for two years from the Closing. All of the parties hereto are executing
and carrying out the provisions of this Agreement in reliance solely on the
representations, warranties and covenants and agreement contained in this
Agreement and not upon any investigation upon which it might have made or any
representation, warranty, agreement, promise or information, written or oral,
made by the other party or any other person other than as specifically set forth
herein.

       

      11.  DOCUMENTS
AT CLOSING. At the Closing, the following documents shall be
delivered:

       

      (a)
Seller will deliver, or will cause to be delivered, to CAHR the
following:

       

      (i) A
certificate or electronic report from the jurisdiction of incorporation of MSO,
as applicable, dated at or about the closing to the effect that MSO is in good
standing under the laws of said jurisdiction;

      

      
        
          
             

            
            

          

           

        

        
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      (ii) As
applicable, corporate
resolutions of the MSO's Board of Directors authorizing the transactions
described in this Agreement.

       

      (iii)
such other instruments, documents and certificates, if any, as are required to
be delivered pursuant to the provisions of this Agreement

       

      (iv) all
other items, the delivery of which is a condition precedent to the obligations
of CAHR, as set forth herein;

       

      (b) CAHR
will deliver or cause to be delivered to the Momentum Stockholders;

       

      (i) stock
certificates representing those securities of CAHR to be issued as a part of the
exchange as described in this Agreement;

       

      (ii) a
certificate of the President and Secretary of CAHR, to the effect that, to the
best of their knowledge and belief, all representations and warranties of CAHR
made under this Agreement are true and correct as of the Closing. the same as
though originally given to the Momentum Stockholders on said date;

       

      (iii)
certified copies of resolutions adopted by CAHR Board of Directors authorizing
the transactions described herein and all related matters and such consents of
CAHR stockholders as are required to consummate
the transactions described herein;

       

      (iv)
opinion of CAHR counsel that in their opinion there are no outstanding or
impending lawsuits or actions in law that would adversely impact this Agreement
or the execution thereof

       

      (v) such
other instruments and documents as are required to be delivered pursuant to the
provisions of this Agreement

       

      (vi) all
other items, the delivery of which is a condition precedent to the obligations
of the Seller.

       

      12.  FINDER
FEES. The Seller and CAHR represents and warrants to each other that none
of them, or any party acting on their behalf, has incurred any liabilities,
either express or implied, to any "broker" or "finder” or similar person in
connection with this Agreement or any of the transaction, contemplated hereby.
In this regard, CAHR on the one hand, and the Seller, on the other hand, will
identify and hold the other harmless from any claim, loss, cost or expense
whatsoever (including reasonable fees and disbursements of counsel) from or
relating to any such express or implied liability.

       

      13. MISCELLANEOUS.

       

      (a) Further Assurance. At
any time and from time to time, after the Closing Date, each party will execute
such additional instruments and take such action as may be

      

      
        
          
             

            
            

          

           

        

        
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      reasonably
requested by the other party to confirm or perfect title to any property
transferred here under or otherwise to carry out the intent and purposes of this
Agreement.

       

      (b) Waiver. Any failure
on the part of any party hereto to comply with any of its obligations,
agreements or conditions hereunder may be waived in writing by the party to whom
such compliance is owed.

       

      (c)  Termination. All
obligations hereunder, may be terminated at the discretion of either CAHR's or
Seller if (i) the closing conditions specified in hereto are not met by February
29, 2008, unless extended, or (ii) any of the representations and warranties
made herein have been materially breached.

       

      (d) Amendment. This
Agreement may be amended only in writing as agreed to by all the parties
hereto.

       

      (e) Notices. All notices
and other communications hereunder shall be in writing and shall be deemed to
have been given if delivered in person or sent by prepaid first class registered
or certified mail, return receipt requested, as follows:

       

      

      
        	
                If
      to CAHR:

                 

                 

                 

                 

                With
      a copy to:

                 

                 

                 

                 

                 

                If
      to Seller:

                 

                 

                 

                 

                With
      a copy to:

              	
                CEO

                Caribbean
      American Health Resorts, Inc.

                9454
      Wilshire Boulevard, Suite 600

                Beverly
      Hills, CA 90212

                 

                Dennis
      P R Codon, Esq.

                Robins,
      Kaplan, Miller, Ciresi, LLP

                2049
      Century Park East, Suite 3700

                Los
      Angeles, CA 90067

                FAX:
      (310) 229-5800.

                 

                CEO

                Dr.
      Edward Rubin

                Momentum
      Medical Inc

                12134
      Victory Blvd.

                North
      Hollywood, CA 91606

                 

                Robert
      Peterson, Attorney

                233
      Wilshire Blvd., Ste. 400

                Santa
      Monica, CA 90401

                FAX:
      (310) 917-1903

              

      

      

       

      (f) Headings. The section
and subsection headings in this Agreement arc inserted for convenience only and
shall not affect in any way the meaning or interpretation of this
Agreement.

      

      
        
          
             

            
            

          

           

        

        
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      (g) Counterparts. This
Agreement may be executed simultaneously in two or more counterparts; each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.

       

      (h) Binding Effect. This
Agreement shall be binding upon the parties hereto and inure to the benefit of
the parties, their respective heirs, administrators, executors, successors and
assigns.

       

      (i) Entire Agreement.
This Agreement and the attached Exhibits constitute the entire agreement
of the parties covering everything agreed upon or understood with respect to the
subject matter hereof. There are no oral promises, conditions, representations,
understandings, interpretations or terms of any kind as conditions or
inducements to the execution hereof

       

      (j) Time. Time is of the
essence.

       

      (k)
 Severability.
If any part of this Agreement is deemed to be unenforceable the balance
of the Agreement shall remain in full force and effect.

       

      (1) Governing Laws. This
Agreement shell be governed by, and construed and enforced in accordance with,
the Laws of the State of Minnesota, without regard to conflicts or choice of law
provisions of the State of Minnesota.

       

      (m) Extraordinary Remedies.
To the extent cognizable at law, the parties hereto, in the event of
breach and in addition to any and all other remedies available thereto, may
obtain injunctive relief, regardless of whether the injured party can
demonstrate that no adequate remedy exists at law

       

      (n) Amendments or Addenda.
All amendments, addenda modifications, or changes to this contract are
shown on in an attached hereto and made a part hereof

       

      (o)
 Initials and
Exhibits. This contract shall not be valid and enforceable unless it is
properly executed by Buyer and Seller and their initials affixed to each page of
the exhibits attached hereto and made a part hereof

       

      (p) Responsibility and Costs.
Except as may be agreed by the parties, all fees, expenses and
out-of-pocket; costs and expenses including without limitation fees and
disbursements of counsel, financial advisors and accountants, incurred by the
parties hereto shall be borne solely and entirely by CAHR.

       

      (q)
 Parties in
Interest: No third Beneficiaries. Except as otherwise provided herein,
the terms and conditions of this Agreement shall tenure to the benefit of and be
binding upon the respective heirs, legal representatives, successors and assigns
of the parties hereto. This Agreement shall not be deemed to confer upon any
person not a party hereto any rights or remedies hereunder.

      

      
        
          
             

            
            

          

           

        

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

       

      CARIBBEAN
AMERICAN HEALTH RESORTS, INC.

      Hal
Martin, President

       

       

       

      By: 
/s/  Halton
Martin                                                                

       

       

      Edward
Rubin, SELLER

       

      By: 
/s/  Edward
Rubin                                                                

       

       

       

       

       

       

      

      
        
          
             

            
            

          

           

        

        
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      EXHIBIT
"A"

       

       

      DESCRIPTION
OF MSO

       

      The
HPHPRE LLC, the MSO that contains all assets associated with or relating to that
certain business establishments and medical clinics known and commonly referred
to as Dr. Edward Rubin and Momentum Medical Group Inc., including but not
limited to trade name, all leasehold improvements, inventory fixtures, utility
deposits, and any and all other security deposits, and any and all other items
normally considered and commonly referred to as assets to the extent such assets
are transferable under applicable law.

       

      All
liabilities and obligations currently outstanding on the business and all
liabilities and obligations which will occur in the future as a result of the
normal operations of the business prior to the closing date and

       

      All
leasehold interest and leasehold agreement(s) currently in force between Seller
and Seller's landlord.

       

      

      
        
          
             

            
            

          

           

        

        
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      EXHIBIT
"B"

      METHOD OF
PAYMENT OF PURCHASE PRICE

       

      PAYMENT.
The Purchase Price shall be paid as follows:

       

      (a)
5,000,000 shares of un-issued common stock of CAHR Shares such CAHR Shares shall
hear the following or similar restrictive legend:

       

      The
shares of common stock represented by this certificate have not been registered
under the Securities Act of 1933, as amended (the "Act") and may not be offered,
sold, assigned, pledged, hypothecated or otherwise transferred unless (1) they
are registered under the Act or (2) the holder has delivered to the issuer an
opinion of counsel, which opinion shall be satisfactory to the issuer, to the
effect that there is an available exemption from registration under the Act and
any applicable state securities laws or that registration is otherwise not
required.

       

      (b) A
PROMISSORY NOTE in the amount of $3,000,000 for the benefit of the Seller in the
form attached and incorporated by reference

       

          (c)
A VOTING TRUST AGREEMENT in the form attached and incorporated by
reference.

      

      
        
          
             

            
            

          

           

        

        
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      EXHIBIT
"C"

      POST
EXECUTION EVENTS

       

      Upon
execution of this Agreement, the following shall be actions shall be
accomplished and documents executed and
delivered:

       

      (a) CAHR
shall promptly, at its expense, fulfill its responsibility to prepare and file
appropriate all applicable reports with the Securities and Exchange Commission
(the "SEC'), and any registration statements and/or proxy filings, as may be
required.

       

      (b) CAHR
shall immediately file an amendment to the Articles o f Incorporation to change
the name of Momentum Medical Inc to CAHR Medical, MSO or such as directed by the
Board of Directors.

       

      (c) CAHR
shall immediately record the minutes of the meeting of the shareholders and of
the Board of Directors of CAHR authorizing the following:

       

      
        	
                 
      

              	
                (i)  

              	
                Election
      of Edward Rubin, Mitch Rubin, Doug Rubin, Hal Martin and Paul Meye as
      directors of CAHR and after the election they will be the only directors
      of the corporation.

              
	 	(ii)	Appointment
      of and their acceptance of title by said officers.
	 	(iii)	Ratification
      of an EMPLOYMENT CONTRACT for each of the officers listed in (c)
      (iii)

      

         

      (d) Prior
to Closing, there shall be no stock dividend, stock split, recapitalization or
exchange of shares with respect to or rights issued in respect of CAHR's capital
stock after the date hereof and there shall be no dividends paid on CAHR's
capital stock.

       

      (e) CAHR
shall have received all requisite Board of Directors, stockholder and other
approvals, if any, of the matters set forth herein.

       

      (d) CAHR
agrees that it will cause its transfer agent, without unnecessary delay, to
transfer those outstanding CAHR shares of common stock that are publicly resold
pursuant to the resale provisions of Rule 144 of the Securities 1933, as amended
to Seller.

       

       

      13f8k022708ex10b_cahr.htm

     

    

      

       

      PROMISSORY
NOTE

      STATE
OF
CALIFORNIA            )

      COUNTY
OF LOS ANGELES     )  SS.:

       

      $3,000,000.00

       

      FOR VALUE
RECEIVED, Vital Health Technologies, Inc./Caribbean American Health Resorts,
Inc., a Minnesota Corporation, ("Maker''), hereby covenants and promises to pay
to Edward Rubin ("Payee"), or order, THREE MILLION DOLLARS plus interest, lawful
money of the United States of America,

       

      Payment
Terms:

      PRINCIPAL
CALLABLE WITHIN ONE HUNDRED AND TWENTY DAYS FROM THE DATE OF EXECUTION OF THIS
NOTE, UNLESS EXTENDED, BUT IN NO EVENT TO EXCEED ONE YEAR FROM THE DATE OF
EXECUTION OF THIS NOTE;

      PRINCIPAL
AND INTEREST IS PAYABLE FROM THE PROCEEDS OF THE SALE OF SECURITIES ISSUED BY
THE MAKER,

      SIMPLE
INTEREST OF FOUR PERCENT (4%) OF THE OUTSTANDING PRINCIPLE.

       

      Maker
covenants and agrees with Payee following:

       

      1. 
Maker will pay the indebtedness evidenced by this Note as provided
herein.

       

      2. This
Note is secured by a Security Agreement of even date herewith (the "Security
Agreement"). All of the terms, covenants and conditions, contained in the
Security Agreement are expressly incorporated by reference herein and hereby
made a part hereof. In the event of any conflict between the provisions of this
Note and the provisions of the Security Agreement, the terms of the Security
Agreement shall be paramount and shall govern.

       

      3. The
obligations of Maker under this Note are subject to the limitation that payments
of interest shall not be required to the extent that the charging of or the
receipt of any such payment by Payee would be contrary to the provisions of law
applicable to Payee limiting the maximum rate of interest which may be charged
or collected by Payee.

       

      4. The
holder of this Note may declare the entire unpaid amount of principal and
interest under this Note to be immediately due and payable if Maker defaults in
the due and punctual payment of any installment of principal or interest
hereunder.

       

      5. Payee
agrees that Payee will look solely to the property more particularly described
in the Security Agreement, and any other collateral given for security of the
indebtedness evidenced by this Note or secured by the Security Agreement, for
the payment and performance of the provisions hereof and of the Security
Agreement, and that Payee will not seek or take any personal or deficiency
judgment against Maker or any

       

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      partner,
shareholder, officer or principle of Marker, disclosed or undisclosed, with
respect to such indebtedness of performance; provided, however, that nothing
herein shall be deemed to affect otherwise the rights of the holder of this Note
to proceed against the property described in the Security Agreement or other
collateral as in the Security Agreement or elsewhere provided.

       

       6. Maker shall have the right to
prepay the indebtedness evidenced by this Note in whole or in part, without
penalty.

       

       7. Maker, and all guarantors,
endorsers and sureties of this Note, hereby waive presentment for payment,
demand, notice of protest, notice of nonpayment, and notice of dishonor of this
Note. Maker and all guarantors endorsers and sureties consent that the holder of
the Note at any time may extend the time of payment of all or any part of the
indebtedness secured hereby, or may grant any other indulgences.

       

       8. Any notice or demand required
or permitted to be made or given hereunder shall be deemed sufficiently given or
made if given by personal services or by certified or registered mail, return
receipt requested, addressed, if to Maker, at Maker’s address, or if to Payee,
at Payee’s address. Either party may change its address by like notice to the
other party.

       

       9. This Note may not be changed
or terminated orally, but only an agreement in writing signed by the party
against whom enforcement of any change, modification, termination, waiver, or
discharge is sought. This Note shall be construed and enforced in accordance
with the laws of California.

       

      IN
WITNESS WHEREOF Maker has executed this Note on the 28th day of November
2007.

       

      Maker:

      CARIBBEAN
AMERICAN HEALTH RESORTS, INC.

      Hal
Martin, President

       

      By: /s/ Hal
Martin

       

      NOTARY
PUBLIC

       

      /s/ Edward
Sierra.

       

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      VOTING
TRUST AGREEMENT

       

       By agreement made this 28th day
of November, 2007, by and between Hal Martin and Edward Rubin in regard to all
current and future voting of the authorized, issued and outstanding shares of
common stock of Vital Health Technologies, Inc./Caribbean American Health
Resorts, Inc., a Minnesota Corporation (hereinafter called the "corporation"),
and all other stockholders of the said corporation who shall join in and become
parties to this agreement as hereinafter provided, all of which stockholders are
hereinafter called Subscribers, and, Edward Rubin who is the Trustee
(hereinafter called the "Trustee"):

       

       Whereas, the Subscribers are
respectively owners of shares of common stock in the Corporation and the number
of shares owned by each is set out opposite their signatures
hereto;

       

       And whereas, with a view to the
safe and competent management of the Corporation, in the interest of all the
stockholders thereof, the Subscribers are desirous of creating a trust in the
following manner;

       

      Now, it
is hereby agreed and declared as follows:

       

      1. The
Subscribers shall endorse, assign, and immediately deliver to the Trustee, the
certificates representing the following and shall do all things necessary for
the transfer of said respective shares to the Trustee on the books of the
Corporation:

       

      (a) Hal
Martin shall immediately deliver sufficient number of shares of stock owned by
him to the Trust so as to ensure that the Trustee at all times has sufficient
number of shares of stock to be able at all times to vote 51% of all shares
of stock authorized to vote. If said transfer of stock should increase the total
shares available for vote by the Trustee to over 51% of the shares available for
vote, Trustee shall re-convey the excess shares of stock to Hal
Martin.

       

      (b) Edward
Rubin shall immediately deliver sufficient number of shares of stock owned by
him to the Trust so as to ensure that the Trustee at all times has
sufficient number of shares of stock to be able at all times to vote 51% of all
shares of stock authorized to vote.

       

      2. Every
other stockholder in the corporation may become a party to this agreement by
signing it and assigning and delivering their certificates of their shares to
the Trustee.

       

      3. The
Trustee shall hold the shares of stock transferred to him, under the terms .and
conditions hereinafter set forth.

       

      4. The
Trustee shall surrender to the proper officer of the Corporation the
certificates of the Subscribers, and shall immediately receive from said officer
new certificates issued to him as Trustee under this agreement.

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      5. The
Trustee shall issue to each of the Subscribers a trust certificate for the
number of shares transferred by the Subscriber to the Trustee. Each trust
certificate shall state that it is issued under this agreement, and shall set
forth each Subscriber's proportional interest in the trust. The Trustee shall
keep a list of the shares of stock transferred to him, and shall keep a record
of all trust certificates issued or transferred on his books, which records
shall contain the names and addresses of the trust certificate holders and the
number of shares represented by each trust certificate. Such list and record
shall be open to all reasonable times to the inspection of the trust
certificate holders..

       

      6. It
shall be the duty of the Trustee, and he shall have the absolute power to
represent the Subscribers and the stock transferred to the Trustee as aforesaid.
and vote upon such stock, as in the sole discretion and judgment of the Trustee
may be for the best interest of the Corporation, in the election of directors
and upon any and all matters and questions which may be brought before him, as
fully as any stockholder might do.

       

      7. The
Trustee shall collect and receive all dividends that may accrue upon the shares
of stock subject to this trust, and shall pay the same to the trust certificate
holders in proportion to the number of shares respectively represented by their
trust certificates.

       

      8. The
Trustee shall be entitled to be fully indemnify out of the dividends coming into
his hands for all costs, changes, expenses, and other liabilities properly
incurred by him in the exercise of any power conferred upon him by this
agreement; and the Subscribers hereby covenant with the Trustee that in the
event that the monies and securities in their hands are not sufficient for that
purpose, the Subscribers and each of them will, in proportion to the amounts of
their respective shares and interests, indemnity the Trustee of and from all
loss or damage which he may sustain or be put to, by reason of anything he
may do in the execution of this trust.

       

      9. In the
event that the holder of any trust certificate shall desire to sell or pledge
his beneficial interest in the shares of stock represented thereby, he shall
first give to the Trustee notice in writing of such desire, and the Trustee
shall have the right to purchase the trust certificates at the fair market value
of the stock represented by such certificates at the time of such purchase. If
the Trustee shall exercise such option to purchase, he shall hold the beneficial
interest thereof for the benefit of all the remaining trust certificate
holders who shall, upon thirty days notice given by the Trustee before
exercising such option, contribute their respective proportionate share of the
purchase money to be paid by the Trustee. In the event that the Trustee shall
not exercise such option to purchase the subscriber's interest, and only in that
event, the holder of such trust certificate shall have the right to sell the
same subject to the following restrictions:

       

      No holder
of any trust certificate shall sell, transfer or pledge his beneficial interest
in the shares of stock represented thereby, if such would dilute the total
shares controlled and available to vote by the Trustee to less than FIFTY ONE
percent of all authorized, issued and outstanding voting shares of stock of the
Corporation.

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      10. In
the event of any trustee dying, resigning, refusing, or becoming unable to act,
the surviving or other Trustee, if any, shall appoint a trustee or trustees to
fill the vacancy or vacancies, and any person so appointed shall thereupon be
vested with all the duties, powers, and authority of a trustee as if originally
named herein.

       

      11. This
trust shall continue for 15 years from the date hereof, or extended pursuant to
302A.453, Minnesota Statutes 2006 regarding Voting Trusts, and shall then
terminate, provided, however, that the beneficial owners of 51% of the shares of
stock subject to this agreement may at any time terminate this trust by
resolution adopted at a meeting of the trust certificate holders called by any
one of them, upon notice of sixty days stating the purpose of such meeting, in
writing, mailed to the trust certificate holders certified mail return receipt,
at their respective addresses as they appear in the records of the Trustee. Upon
the termination of the trust, the Trustee shall, upon the surrender of the trust
certificates by the respective holders thereof, assign and transfer to them the
number of shares of stock thereby represented. This agreement is intended to
constitute enforceable voting trust within the scope of the General Corporation
Law of the State of Minnesota.

       

      IN
WITNESS WHEREOF, the individual parties hereto set their hands and seals, and
the corporation has caused this agreement to be signed by its duly authorized
officers.

       

      ATTEST:

       

      
        Vital
Health Technologies, Inc. /Caribbean American Health Resorts,
Inc

      

       

       

      
        	
                Secretary :
      /s/ Hal
      Martin     

              

      

       

      
        	
                President: /s/ Hal
Martin

              

      

       

       

      
        	
                Edward
      Rubin, Trustee:  /s/ Edward
      Rubin

              

      

       

      
        	
                Hal
      Martin, Shareholder :  /s/ Hal
      Martin

              

      

       

      Owner
of  ______ shares of common stock of  Vital Health Technologies,
Inc./Caribbean American Health Resorts Inc

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

       

       

      Edward
Rubin, Shareholder: /s/
Edward Rubin        

       

      
        Owner of:
5,000,000 shares of common stock of Vital Health Technologies, Inc. /Caribbean
American Health Resorts, Inc.

      

       

      
 

      
        
          	
                  /s/ Edward Sierra

                	
                  [SEAL]

                	
                  EDWARD
      SIERRA

                
	
                  Notary

                	
                  COMM
      #1487219

                
	 
      	
                  Notary
      Public California

                
	 
      	
                  Los
      Angeles County

                
	 
      	
                  My
      Comm. Expires May 29,
2008

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