Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Fortified Holdings Corp. - Exhibit 10.1

REGISTRATION RIGHTS
AGREEMENT 

          This
Registration Rights Agreement (the “Agreement”) is made and entered into
as of the 13th day of September, 2007 (the “Effective Date”) between
Fortified Holdings Corp. (formerly Aegis Industries, Inc.), a Nevada corporation
(the “Company”), and Thomas Keenan Ventures, LLC, a Delaware limited
liability company (the “Investor”). 

RECITALS: 

          A.      The
Investor is acquiring certain shares of the Company’s common stock, par value
$0.001 per share, pursuant to a certain Agreement and Plan of Merger, dated as
of the date hereof (the “Merger Agreement”) between the Company, Aegis
Merger Corp. (k/n/a/ Fortified Data Communications, Inc.), a wholly-owned
subsidiary of the Company, Z5 Technologies LLC, a Delaware limited liability
company (“Z5”), and the Investor. 

          B.      This
Agreement is a condition to the obligation of the Investor and Z5 to consummate
the transactions contemplated by the Merger Agreement. 

          C.      The
Company and the Investor desire to set forth the registration rights and certain
transfer restrictions to be granted by the Company to the Investor. 

          NOW,
THEREFORE, in consideration of the mutual promises, representations, warranties,
covenants, and conditions set forth herein and in the Merger Agreement, the
parties mutually agree as follows: 

AGREEMENT: 

          1.     
  Certain Definitions: As used in this Agreement, the following terms have
  the following respective meanings: 

          “Affiliate”
  shall have the meaning provided for in the Securities Act. 

          “Blackout
  Period” means, only during such period that any Holder is an Affiliate
  of the Company, with respect to a registration, a period not in excess of sixty
  (60) calendar days in any calendar year during which the Company, in the good
  faith judgment of its Board of Directors, determines (because of the existence
  of, or in anticipation of, any acquisition, financing activity or other transaction
  involving the Company, or the unavailability for reasons beyond the Company’s
  control of any required financial statements, disclosure of information which
  is in its best interest not to publicly disclose, or any other event or condition
  of similar significance to the Company) that the registration and distribution
  of the Registrable Securities to be covered by such registration statement,
  if any, would be seriously detrimental to the Company and its stockholders.

          
“Commission” means the Securities and Exchange Commission or any
other federal agency at the time administering the Securities Act. 

          “Common
Stock” means the common stock, par value $0.001 per share, of the Company
and any and all shares of capital stock or other equity securities of: (i) the
Company which are added to or exchanged or substituted for the Common Stock by
reason of the declaration of any stock dividend or stock split, the issuance of
any distribution or the reclassification, readjustment, recapitalization or
other such modification of the capital structure of the Company; and (ii) any
other corporation, now or hereafter organized under the laws of any state or
other governmental authority, with which the Company is merged, which results
from any consolidation or reorganization to which the Company is a party, or to
which is sold all or substantially all of the shares or assets of the Company,
if after such merger, consolidation, reorganization or sale, the Company or the
stockholders of the Company own equity securities having in the aggregate more
than 50% of the total voting power of such other corporation. 

          “Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules
and regulations of the Commission promulgated thereunder. 

          
“Holder” means the Investor or any of the Investor’s respective
successors and Permitted Assigns who acquire rights in accordance with this
Agreement with respect to the Registrable Securities directly or indirectly from
such Investor, including from any Permitted Assignee. 

          The
terms “register”, “registered” and “registration” refers to
a registration effected by preparing and filing a registration statement in
compliance with the Securities Act, and the declaration or ordering of the
effectiveness of such registration statement. 

          “Registrable
Securities” means shares of Common Stock issued to the Investor pursuant to
the Merger Agreement, whether at the Closing thereunder or after the Closing as
Deferred Consideration Stock or otherwise, excluding: (i) any Registrable
Securities that have been publicly sold or may be sold immediately without
registration under the Securities Act either pursuant to Rule 144 of the
Securities Act or otherwise; (ii) any Registrable Securities sold by a person in
a transaction pursuant to a registration statement filed under the Securities
Act; or (iii) any Registrable Securities which are at the time subject to an
effective registration statement under the Securities Act.

          “Securities
Act” means the Securities Act of 1933, as amended, or any similar
federal statute promulgated in replacement thereof, and the rules and
regulations of the Commission thereunder, all as the same are in effect at the
time. 

          2.      Term.
This Agreement shall commence upon the Effective Date are remain in full force
and effect for a period of two (2) years from the Effective Date and
thereafter through the end of the Effectiveness Period (the “Term”). 

          3.     
Registration. The Company agrees that 

                    (a)     
it will file a registration statement covering the resale of the Registrable
Securities as promptly as practicable following the Effective Date, but in no
event later than the date that is the earlier of: (a) six months after the date
that the registration statement related to the resale of the shares of common
stock underlying all of the securities that have been or will be sold in
connection with the Private Financing (as such term is defined in the Merger
Agreement) has been declared effective by the Commission, or (b) the first
anniversary of the Effective Date (the “Filing Deadline”); and

2

                    (b)     
it will use its commercially reasonable efforts, and will cooperate fully with
the Commission, to cause such registration statement to be declared effective by
the Commission within sixty (60) days after the Filing Deadline (the
“Registration Deadline”), provided, however, that the
Company is not obligated to effect any such registration, qualification or
compliance pursuant to this Section 3, or keep such registration effective
pursuant to Section 4: (i) in any particular jurisdiction in which the Company
would be required to qualify to do business as a foreign corporation or as a
dealer in securities under the securities or “blue sky” laws of such
jurisdiction or to execute a general consent to service of process in effecting
such registration, qualification or compliance, in each case where it has not
already done so; or (ii) during any Blackout Period. 

          4.      Registration
Procedures. 

                    (a)     
in the case of the registration, qualification or compliance effected by the
Company pursuant to Section 3 hereof, the Company will keep each Holder
reasonably advised in writing as to the initiation of each registration,
qualification and compliance and as to the completion thereof. With respect to
any registration statement filed pursuant to Section 3, the Company shall: 

                                   (i)     
prepare and file with the Commission with respect to such Registrable
Securities, a registration statement on any form which (a) the Company then
qualifies for, (b) counsel for the Company deems appropriate, and (c) is
available for the resale of the Registrable Securities in accordance with the
intended method(s) of distribution thereof; provided that no later than
five (5) business days before filing with the Commission a registration
statement or prospectus or any amendments or supplements thereto, including
documents incorporated by reference after the initial filing of any registration
statement, the Company must (a) furnish to the underwriters, if any, and to
Investor’s counsel (“Investor’s Counsel”) copies of all such
documents proposed to be filed (excluding any exhibits other than applicable
underwriting documents), in substantially the form proposed to be filed, which
documents are subject to the review of the underwriters and such counsel, and
(b) notify each Holder of Registrable Securities covered by such registration
statement of any stop order issued or threatened by the Commission and take all
reasonable actions required to prevent the entry of such stop order or to remove
it if entered; 

                                   (ii)      cause
such registration statement to become effective prior to the Registration
Deadline and remain effective at least for a period ending with the first to
occur of (i) the sale of all Registrable Securities covered by the registration
statement, or (ii) the availability under Rule 144 for the Holders to
immediately freely resell without restriction all Registrable Securities covered
by the registration statement (the “Effectiveness Period”); 

                                   (iii)     
if a registration statement is subject to review by the Commission, promptly
respond to all comments and diligently pursue resolution of any comments to the
satisfaction of the Commission; 

                                   (iv)      prepare
and file with the Commission such amendments and supplements to such
registration statement and the prospectus used in connection therewith as may be
necessary to keep such registration statement effective during the Effectiveness
Period 

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and comply with the provisions of the Securities Act with
respect to the disposition of all securities covered by such registration
statement during such period in accordance with the intended method(s) of
disposition by the sellers thereof set forth in such registration statement;

                                   (v)      furnish,
without charge, to the Holder one (1) signed copy of such registration statement
(excluding any exhibits thereto other than applicable underwriting documents),
each amendment and supplement thereto (including one (1) conformed copy to each
Holder and one (1) signed copy to each managing underwriter and in each case
including all exhibits thereto), and such number of copies of the prospectus
included in such registration statement (including each preliminary prospectus
and any other prospectus filed under Rule 424 under the Securities Act) as such
Holders may request, in conformity with the requirements of the Securities Act,
and such other documents as such Holder may reasonably request in order to
facilitate the disposition of the Registrable Securities owned by such Holder,
but only during the Effectiveness Period; 

                                   (vi)      register
or qualify such Registrable Securities under such other applicable securities or
blue sky laws of such jurisdictions as any Holder, and underwriter, if any, of
Registrable Securities covered by such registration statement as may be
necessary for the marketability of the Registrable Securities (such request to
be made by the time the applicable registration statement is deemed effective by
the Commission) and do any and all other acts and things which may be reasonably
necessary or advisable to enable such Holder and each underwriter, if any;
provided that the Company is not required to (a) qualify generally to do
business in any jurisdiction where it would not otherwise be required to qualify
but for this Section 4(a)(vi), (b) register as a securities dealer, or (c)
subject itself to taxation in any such jurisdiction; 

                                   (vii)      immediately
notify each Holder in writing of any event which causes the prospectus included
in such registration statement to contain an untrue statement of a material fact
or omit any material fact required to be stated therein or necessary to make the
statements therein not misleading and promptly prepare and furnish to such
Holder a supplement or amendment to such prospectus (or prepare and file
appropriate reports under the Exchange Act) so that, as thereafter delivered to
the Investor, such prospectus does not contain an 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, unless suspension of
the use of such prospectus otherwise is authorized herein or in the event of a
Blackout Period, in which case no supplement or amendment need be furnished (or
Exchange Act filing made) until the termination of such suspension or Blackout
Period; and 

                                   (viii)      comply,
and continue to comply during the period that such registration statement is
effective under the Securities Act, in all material respects with the Securities
Act and the Exchange Act and with all applicable rules and regulations of the
Commission with respect to the disposition of all securities covered by such
registration statement. 

                    (b)      Each
Holder agrees that, upon receipt of any written notice from the Company of the
happening of any event of the kind described in Section 4(a)(vii) or of the
commencement of a Blackout Period, such Holder shall discontinue disposition of
Registrable 

4

Securities pursuant to the registration statement until such
Holder’s receipt of the copies of the supplemented or amended prospectus
contemplated by Section 4(a)(vii) hereof or notice of the end of the Blackout
Period, as applicable, and, if so directed by the Company, such Holder must
deliver to the Company all copies (including, without limitation, any and all
drafts), other than permanent file copies, then in such Holder’s possession, of
the prospectus covering such Registrable Securities current at the time of
receipt of such notice. In the event the Company gives any such notice, the
period mentioned in Section 4(a)(i) hereof is extended by the greater of (i) ten
(10) business days or (ii) the number of days during the period from and
including the date of the giving of such notice pursuant to Section 4(a)(vii)
hereof to and including the date when each Holder of Registrable Securities
covered by such registration statement has received the copies of the
supplemented or amended prospectus contemplated by Section 4(a)(vii) hereof.

          5.      Registration
Statement Compliance. The registration statement when filed with the
Commission will comply in all material respects with the Securities Act and the
applicable rules and regulations promulgated by the Commission pursuant thereto
and each other document incorporated by reference in the registration statement
will comply in all material respects with the Exchange Act and the applicable
rules and regulations promulgated by the Commission pursuant thereto, and the
registration statement will not contain any untrue statement of a material fact
or 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;
provided, however, that the Company makes no representations or
warranties as to the information contained in or omitted from the registration
statement in reliance upon and in conformity with the information furnished by
any Holder. 

          6.      Registration
Expenses. The Company shall pay all expenses in connection with any
registration, including, without limitation, all registration, filing, stock
exchange and NASD fees, printing expenses, all fees and expenses of complying
with securities or “blue sky” laws, and the fees and disbursements of counsel
for the Company and of its independent accountants, but excluding (i) any
brokerage fees, selling commissions or underwriting discounts incurred by Holder
of Registrable Securities in connection with sales under the registration
statement and (ii) the fees and expenses of a Holder’s Counsel. 

          7.      Assignment
of Rights. No Holder may assign its rights under this Agreement to any party
without the prior written consent of the Company; provided,
however, that a Holder may assign its rights under this Agreement to one
or more Permitted Assignee upon notice to the Company. 

          8.      Information
by Holder. The Holder or Holders of Registrable Securities included in any
registration must furnish to the Company such information regarding such Holder
or Holders and the distribution proposed by such Holder or Holders as the
Company may reasonably request in writing. 

          9.      Indemnification.

                    (a)      In
the event of the offer and sale of Registrable Securities held by Holders under
the Securities Act, the Company must, and hereby agrees to, indemnify and hold
harmless, to the fullest extent permitted by law, each Holder, its directors,
officers, partners, consultants, 

5

each other person who participates as an underwriter in the
offering or sale of such securities, and each other person, if any, who controls
or is under common control with such Holder or any such underwriter within the
meaning of Section 15 of the Securities Act, against any losses, claims, damages
or liabilities, joint or several, and expenses to which the Holder or any such
director, officer, partner, consultant or underwriter or controlling person may
become subject under the Securities Act or otherwise, insofar as such losses,
claims, damages, liabilities or expenses (or actions or proceedings, whether
commenced or threatened, in respect thereof) arise out of or are based upon any
untrue statement or alleged untrue statement of any material fact contained in
any registration statement under which such shares were registered under the
Securities Act, any preliminary prospectus, final prospectus or summary
prospectus contained therein, or any amendment or supplement thereto, or any
omission or alleged omission to state therein a material fact required to be
stated therein or necessary to make the statements therein in light of the
circumstances in which they were made not misleading, and the Company must
reimburse the Holder, and each such director, officer, partner, underwriter and
controlling person for any legal or any other expenses reasonably incurred by
them in connection with investigating, defending or settling any such loss,
claim, damage, liability, action or proceeding; provided that the Company
is not liable in any such case (i) to the extent that any such loss, claim,
damage, liability (or action or proceeding in respect thereof) or expense arises
out of or is based upon an untrue statement or omission from such registration
statement, any such preliminary prospectus, final prospectus, summary
prospectus, amendment or supplement made in reliance upon and in conformity with
written information furnished to the Company by or on behalf of such Holder or
(ii) if the person asserting any such loss, claim, damage, liability (or action
or proceeding in respect thereof) who purchased the Registrable Securities that
are the subject thereof did not receive a copy of an amended preliminary
prospectus or the final prospectus (or the final prospectus as amended or
supplemented) at or prior to the written confirmation of the sale of such
Registrable Securities to such person because of the failure of such Holder or
underwriter to so provide such amended preliminary or final prospectus and the
untrue statement or alleged untrue statement or omission or alleged omission of
a material fact made in such preliminary prospectus was corrected in the amended
preliminary or final prospectus (or the final prospectus as amended or
supplemented). Such indemnity remains in full force and effect regardless of any
investigation made by or on behalf of the Holders, or any such director,
officer, partner, underwriter or controlling person and survives the transfer of
such shares by the Holder. 

                    (b)      As
a condition to including Registrable Securities in a registration statement,
each such Holder agrees to be bound by the terms of this Section 9 and to
indemnify and hold harmless, to the fullest extent permitted by law, the
Company, its directors and officers, its consultants, underwriters and each
other person, if any, who controls the Company within the meaning of Section 15
of the Securities Act, against any losses, claims, damages or liabilities, joint
or several, to which the Company or any such director, officer, consultant or
underwriter or controlling person may become subject under the Securities Act or
otherwise, insofar as such losses, claims, damages or liabilities (or actions or
proceedings, whether commenced or threatened, in respect thereof) arise out of
or are based upon any untrue statement in or omission from such registration
statement, any preliminary prospectus, final prospectus or summary prospectus
contained therein, or any amendment or supplement thereto, if such statement or
omission was made in reliance upon and in conformity with written information
furnished to the Company by such Holder, and such Holder must reimburse the
Company, and each such 

6

director, officer, and controlling person for any legal or
other expenses reasonably incurred by them in connection with investigating,
defending, or settling any such loss, claim, damage, liability, action, or
proceeding. Such indemnity remains in full force and effect regardless of any
investigation made by or on behalf of the Company or any such director, officer
or controlling person and shall survive the transfer by any Holder of such
shares. 

                    (c)      Promptly
after receipt by an indemnified party of notice of the commencement of any
action or proceeding involving a claim referred to in Sections 9(a) or (b)
hereof (including any governmental action), such indemnified party must, if a
claim in respect thereof is to be made against an indemnifying party, give
prompt written notice to the indemnifying party of the commencement of such
action; provided that the failure of any indemnified party to give notice as
provided herein does not relieve the indemnifying party of its obligations under
Section 9(a) or (b) hereof, except to the extent that the indemnifying party is
actually prejudiced by such failure to give notice. In case any such action is
brought against an indemnified party, unless in the reasonable judgment of
counsel to such indemnified party a conflict of interest between such
indemnified and indemnifying parties may exist or the indemnified party may have
defenses not available to the indemnifying party in respect of such claim, the
indemnifying party is entitled to participate in and to assume the defense
thereof, with counsel reasonably satisfactory to such indemnified party and,
after notice from the indemnifying party to such indemnified party of its
election so to assume the defense thereof, the indemnifying party is not liable
to such indemnified party for any legal or other expenses subsequently incurred
by the latter in connection with the defense thereof, unless in such indemnified
party’s reasonable judgment a conflict of interest between such indemnified and
indemnifying parties arises in respect of such claim after the assumption of the
defenses thereof or the indemnifying party fails to defend such claim in a
diligent manner. Neither an indemnified nor an indemnifying party is liable for
any settlement of any action or proceeding effected without its consent. No
indemnifying party may, without the consent of the indemnified party, consent to
entry of any judgment or enter into any settlement, which does not include as an
unconditional term thereof the giving by the claimant or plaintiff to such
indemnified party of a release from all liability in respect of such claim or
litigation. Notwithstanding anything to the contrary set forth herein, and
without limiting any of the rights set forth above, in any event any party has
the right to retain, at its own expense, counsel with respect to the defense of
a claim. 

                    (d)      In
the event that an indemnifying party does not or is not permitted to assume the
defense of an action pursuant to Section 9(c) or in the case of the expense
reimbursement obligation set forth in Sections 9(a) and (b), the indemnification
required by Sections 9(a) and (b) hereof must be made by periodic payments of
the amount thereof during the course of the investigation or defense, as, and
when bills received or expenses, losses, damages, or liabilities are incurred.

                    (e)     
If the indemnification provided for in this Section 9 is held by a court of
competent jurisdiction to be unavailable to an indemnified party with respect to
any loss, liability, claim, damage or expense referred to herein, the
indemnifying party, in lieu of indemnifying such indemnified party hereunder,
must (i) contribute to the amount paid or payable by such indemnified party as a
result of such loss, liability, claim, damage or expense as is appropriate to
reflect the proportionate relative fault of the indemnifying party on the one
hand and the indemnified party on the other (determined by reference to, among
other things, whether 

7

the untrue or alleged untrue statement of a material fact or
omission relates to information supplied by the indemnifying party or the
indemnified party and the parties’ relative intent, knowledge, access to
information and opportunity to correct or prevent such untrue statement or
omission), or (ii) if the allocation provided by clause (i) above is not
permitted by applicable law or provides a lesser sum to the indemnified party
than the amount hereinafter calculated, not only the proportionate relative
fault of the indemnifying party and the indemnified party, but also the relative
benefits received by the indemnifying party on the one hand and the indemnified
party on the other, as well as any other relevant equitable considerations. No
indemnified party guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act) is entitled to contribution from any
indemnifying party who was not guilty of such fraudulent misrepresentation. 

          10.      Reserved.

          11.      Rule
144. With a view to making available to Holders the benefits of certain
rules and regulations of the Commission which may permit the sale of the
Registrable Securities to the public without registration, the Company agrees
to: 

                    (a)      Make
and keep public information available, as those terms are understood and defined
in Rule 144 or any similar or analogous rule promulgated under the Securities
Act, at all times after the effective date of the registration statement filed
by the Company pursuant to section 3 of this Agreement; 

                    (b)      File
with the Commission, in a timely manner, all reports and other documents
required of the Company under the Exchange Act; and 

                    (c)     
So long as any Holder owns any Registrable Securities, furnish to the Holders
upon their request; a written statement by the Company as to its compliance with
the reporting requirements of said Rule 144 of the Securities Act, and of the
Exchange Act; a copy of the most recent annual or quarterly report of the
Company; and such other reports and documents as any Holder may reasonably
request in availing itself of any rule or regulation of the Commission allowing
it to sell any such securities without registration. 

          12.     
Most Favorable Registration Rights. During the Term, the Company shall
not offer or grant by way of agreement or otherwise to any Person (as such term
is defined in the Merger Agreement) in connection with the acquisition directly
or indirectly by the Company of an Affiliate of such Person, the right to
require the Company to register shares of Common Stock in a proportion in excess
of 20% of the total amount of shares of Common Stock issued to such Person, or
permit such Person to transfer shares of Common Stock registered by the Company
on terms more favorable to such Person, than the registration rights provided to
the Holders hereunder and the transfer restrictions to which the Holders are
subject as provided by this Agreement. 

          13.      Miscellaneous

                    (a)      Governing
Law and Dispute Resolution. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE DOMESTIC LAWS OF THE STATE OF DELAWARE WITHOUT
REGARD TO THE CONFLICTS OF 

8

LAWS OR PRINCIPLES THEREOF THAT WOULD CAUSE THE APPLICATION OF
THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF DELAWARE. Any controversy
or claim arising out of or relating to this Agreement (including, without
limitation, as to arbitrability), or the breach thereof, shall be settled as set
forth in the Merger Agreement. 

                    (b)      Successors
and Assigns. Except as otherwise provided herein, the provisions hereof
inure to the benefit of, and be binding upon, the successors, Permitted Assigns,
executors and administrators of the parties hereto. 

                    (c)     
Entire Agreement. This Agreement constitutes the full and entire
understanding and agreement between the parties with regard to the subjects
hereof. 

                    (d)      Notice.
All notices or other communications which are required or permitted under this
Agreement must be in writing and sufficient if delivered by hand, by facsimile
transmission, by registered or certified mail, postage pre-paid, or by courier
or overnight carrier, to the persons at the addresses set forth below (or at
such other address as may be provided hereunder), and shall be deemed to have
been delivered as of the date so delivered: 

	 	If to the Company: 	 Fortified Holdings Corp. 
	 	  	 75200 Shady Grove Road, Suite 
	 	  	 202 
	 	  	 Rockville Maryland 20850 
	 	  	 Attention: Dennis Mee 
	 	  	 Telephone: [•] 
	 	  	 Facsimile: [•] 
	 	with a copy to: 	  
	 	  	 Richardson & Patel, LLP 
	 	  	 The Chrysler Building 
	 	  	 405 Lexington Avenue, 26th Floor 
	 	  	 Attention: Jody R. Samuels 
	 	  	 Telephone: (212) 907-6689 
	 	  	 Facsimile: (212) 907-6687 
	 	  	  
	 	  	  
	 	If to the Investor: 	Thomas Keenan Ventures LLC 
	 	  	71 Wright Street 
	 	  	Westport, CT 06880 
	 	  	Attention: Brendan Reilly 
	 	  	Facsimile: (203) 549-0816 
	 	  	  
	 	with a copy to: 	  
	 	  	Agincourt Consulting Group LLC 
	 	  	1692 Massachusetts Avenue 
	 	  	Cambridge, MA 02138 
	 	  	Attention: Hugh Reilly 
	 	  	Facsimile: (617) 354-5401 

9

	 	with a copy to: 	
	 	 	 
	 	 	Robinson & Cole, LLP 
	 	 	695 East Main Street 
	 	 	Stamford, CT 06904 
	 	 	Attention: Eric J. Dale 
	 	 	Telephone: (203) 462-7568 
	 	 	Facsimile: (203) 462-7599 

or at such other address as any party furnishes to the other
parties in writing. 

               (e)      Delays
or Omissions. No delay or omission to exercise any right, power or remedy
accruing to any Holder of any Registrable Securities, upon any breach or default
of the Company under this Agreement, shall impair any such right, power or
remedy of such Holder and shall not be construed to be a waiver of any such
breach or default, or an acquiescence therein, or of or in any similar breach or
default thereafter occurring. Any waiver of any single breach or default is not
a waiver of any other breach or default theretofore or thereafter occurring. Any
waiver, permit, consent or approval of any kind or character on the part of any
Holder of any breach or default under this Agreement, or any waiver on the part
of any Holder of any provisions or conditions of this Agreement, must be in
writing and is effective only to the extent specifically set forth in such
writing. All remedies, either under this Agreement, or by law or otherwise
afforded to any Holder, are cumulative and not alternative. 

                    (f)     
Counterparts. This Agreement may be executed in any number of
counterparts, each of which is enforceable against the parties actually
executing such counterparts, and all of which together constitute one
instrument. 

                    (g)      Severability.
In the case any provision of this Agreement is invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining
provisions are not in any way be affected or impaired thereby. 

                    (h)      Amendments.
The provisions of this Agreement may be amended at any time and from time to
time, and particular provisions of this Agreement may be waived, with and only
with an agreement or consent in writing signed by the Company and by the
Investor and/or Permitted Assigns. 

[Signature Page Follows] 

10

          This
Registration Rights and Transfer Restriction Agreement is hereby executed as of
the date first above written. 

COMPANY: 
FORTIFIED
HOLDINGS CORP. 

By:    
 /s/ Dennis Mee
                           
Name: 
Dennis Mee 
Its:        Interim
President, Chief Financial Officer & Secretary 

 

INVESTOR: 
THOMAS KEENAN
VENTURES, LLC 

/s/ Brendan Reilly
                                   
Name:
Brendan Reilly 
Sole Manager of TK Management, LLC, the Manager 

11Filed by Automated Filing Services Inc. (604) 609-0244 - Fortified Holdings Corp. - Exhibit 10.2

TERM LOAN NOTE

	$5,000,000 	September 13, 2007 

          FOR
VALUE RECEIVED, the undersigned, FORTIFIED HOLDINGS CORP. (formerly Aegis
Industries, Inc.), a Nevada corporation (“Maker”), does hereby promise to
pay to the order of THOMAS KEENAN VENTURES, LLC (“Holder”), at its
office at 71 Wright Street, Westport, CT 06880, or at such other place as the
holder hereof (including Holder, hereinafter referred to as “Holder”) may
designate, the principal sum of FIVE MILLION DOLLARS ($5,000,000), in
Dollars and in immediately available funds, together with interest on the unpaid
principal under this Note beginning on the date hereof, before and after
maturity (by acceleration or otherwise) or judgment (but subject to the default
rate of interest set forth below), at the per annum rates described below, and
to pay all taxes (except taxes on the overall net income or gross receipts of
Holder) levied or assessed on this Note or the debt evidenced hereby against
Holder, and together with all costs, expenses and attorneys' and other
professional fees incurred in any action to collect and/or enforce this Note or
other agreement relating to this Note or in any litigation or controversy
arising from or connected with this Note. 

          This
Note has been executed and delivered subject to the following terms and
conditions: 

1.      Definitions.

          As
used above, in this Paragraph 1 and elsewhere in this Note, the following terms
shall have the following meanings (such meanings to be equally applicable to
both the singular and plural forms of the terms defined): 

          “Business
Day” means any day that is not a Saturday, Sunday or a day on which commercial
banks located in Hartford, Connecticut are required or authorized by law to
close. 

          “Change
of Control” means any one of the following events: (i) the consummation of a
merger, reorganization, consolidation or sale or other transfer of all or
substantially all of the assets of the Maker or all or substantially all of the
combined voting power of the Maker’s then outstanding voting securities
(“Outstanding Voting Securities”) (each a “Corporate
Transaction”), excluding, however, such a Corporate Transaction pursuant
to which all or substantially all of the persons who are the beneficial owners
of the Outstanding Voting Securities immediately prior to such Corporate
Transaction will beneficially own, directly or indirectly, more than 50% of the
Outstanding Voting Securities of the corporation or other entity resulting from
such Corporate Transaction. 

          “Default
Rate” shall have the meaning assigned to it in Section 2(b) hereof. 

          “Dollar”
and the sign “$” mean lawful money of the United States of America. 

          “Event
of Default” shall have the meaning assigned to that term in Paragraph 7 hereof.

          “Federal
Funds Rate” means, for any day, the rate per annum equal to the weighted average
of the rates on overnight Federal funds transactions with members of the Federal
Reserve System arranged by Federal funds brokers on such day, as published by
the Federal Reserve Bank of New York on the Business Day next succeeding such
day; provided that (a) if such day is not a Business Day, the Federal
Funds Rate for such day shall be such rate on such transactions on the next
preceding Business Day as so published on the next succeeding Business Day, and
(b) if no such rate is so published on such next succeeding Business Day, the
Federal Funds Rate for such day shall be the average rate (rounded upward, if
necessary, to a whole multiple of 1/100 of 1%) charged to banking institutions
on such day on such transactions as determined by Holder. 

          “Guaranty”
means that certain Continuing Guaranty Agreement of Guarantor dated as of even
date herewith in favor of Holder. 

          “Guarantor”
means Fortified Data Communications, Inc. (formerly Aegis Merger
Corporation).

          “Loan”
means the loan evidenced by this Note. 

          “Loan
Documents” means this Note, the Guaranty and any other documents relating
thereto. 

          “Maturity
Date” means March 31, 2008. 

          “Merger
Documents” means that certain Agreement and Plan of Merger dated as of even date
herewith by and among Z5 Technologies LLC, Aegis Merger Corporation, (k/n/a/
Fortified Data Communications, Inc.) , Aegis Industries, Inc. (k/n/a/ Fortified
Holdings Corp.) and Thomas Keenan Ventures, LLC, and any other related document
including, but not limited to, the Related Documents, the New Employment
Agreements and the Registration Rights Agreement. 

          “Obligations”
means all advances to, and debts, liabilities, obligations, covenants and duties
of, Maker arising under any Loan Document or otherwise with respect to any loan
by Holder to Maker or under the Merger Documents, whether direct or indirect
(including those acquired by assumption), absolute or contingent, due or to
become due, now existing or hereafter arising and including interest and fees
that accrue after the commencement by or against Maker or any affiliate thereof
of any proceeding under any debtor relief laws naming such person as the debtor
in such proceeding, regardless of whether such interest and fees are allowed
claims in such proceeding, and all reasonable out-of-pocket costs, expenses,
fees, charges and attorneys’, paralegals’ and professional fees incurred in
connection with any of the foregoing, or in any way connected with, involving or
relating to the preservation, enforcement, protection or defense of, or
realization under this Agreement, the Note, any of the other Loan Documents or
the Merger Documents, any related agreement, document or instrument, and the
rights and remedies hereunder or thereunder. 

          “Principal
Repayment Date” means each date a payment of principal is due pursuant to
Section 3(b).

2 

2.      Interest Rates,
Interest Periods, Default Rate, Calculation of Interest, Lawful Interest.

          (a)      Pre-default
Rates. Subject to the terms of Paragraph 2(b), the Loan shall bear interest
at a rate per annum equal to five percent (5%).

          (b)      Default
Rate. Upon the occurrence of an Event of Default or after maturity (by
acceleration or otherwise) or after judgment has been rendered on this Note, the
unpaid principal balance of this Note shall automatically and without notice
bear interest at the lesser of (i) thirteen percent (13%), or (ii) the maximum
rate per annum permitted by applicable law, if any (the “Default Rate”).

          (c)      Calculation
of Interest. All computations of interest under this Note shall be made on
the basis of a 360 day year and the actual number of days elapsed.

          (d)      Lawful
Interest. Notwithstanding any provisions of this Note, it is the
understanding and agreement of Maker and Holder that the maximum rate of
interest to be paid by Maker to Holder shall not exceed the highest or the
maximum rate of interest permissible to be charged under the laws of the State
of Connecticut. In this regard, it is expressly agreed that it is the intent of
Maker and Holder in the execution, delivery and acceptance of this Note to
contract in strict accordance with the laws of the State of Connecticut (without
regards to its conflict of laws provisions) from time to time in effect. If, at
any time, the rate of interest, together with all amounts which constitute
interest and which are reserved, charged or taken by Holder as compensation for
fees, services or expenses incidental to the making, negotiating or collection
of the Loan, shall be deemed by any competent court of law or other governmental
authority to exceed the maximum rate of interest permitted to be charged by
Holder to Maker, then, during such time as such rate of interest would be deemed
excessive, that portion of each sum paid attributable to that portion of such
interest rate that exceeds the maximum rate of interest so permitted shall be
deemed a voluntary prepayment of principal. 

3.      Payments. 

          (a)     
Interest. Interest on the Loan shall be due and payable in Dollars in
immediately available funds on each Principal Repayment Date. 

          (b)     
Principal. Principal shall be due and payable in Dollars in immediately
available funds as follows: (i) five hundred thousand dollars ($500,000) on
October 8, 2007; (ii) one million dollars ($1,000,000) on November 15, 2007;
(iii) one million dollars ($1,000,000) on January 1, 2008, (iv) one million two
hundred fifty thousand dollars ($1,250,000) on February 15, 2008; and (v) one
(1) final installment in an amount equal to the then outstanding principal on
the Maturity Date. Notwithstanding anything herein to the contrary, unless
sooner accelerated as a result of the occurrence of an Event of Default, the
entire outstanding indebtedness under this Note, including, but not limited to,
outstanding principal together with any and all accrued and unpaid interest and
any other amounts due hereunder, shall be due and payable in full, in Dollars
and in immediately available funds on the Maturity Date. 

          (c)      Method
of Payment. Maker shall make each payment due under this Note to Holder not
later than 3:00 P.M., Stamford, Connecticut time on the date when due in Dollars
in 

3 

immediately available funds, without setoff, defense or
counterclaim. Whenever any payment to be made under this Note shall be stated to
be due on a day which is not a Business Day, such payment shall be made on the
next succeeding Business Day, and such extension of time shall be included in
the computation of the payment of interest. 

4.      Late Charge. Holder may
collect a late charge not to exceed five (5) percent of any installment of
interest or payment of principal or any other amount due to Holder, which is not
paid or reimbursed in full, in Dollars and in immediately available funds by
Maker within ten (10) days of the due date thereof. 

5.      Prepayment. 

          (a)      Voluntary.
Maker may, at its option and upon ten (10) Business Days' prior written notice,
prepay principal evidenced by this Note, in whole or in part, on the condition
that Maker shall pay all accrued interest on the principal being paid to the
date of such prepayment. 

          (b)     
Partial Prepayments. Any and all partial prepayments of the Loan shall be
applied to principal installments due hereunder in the inverse order of maturity
and shall not relieve Maker's obligation to make regularly-scheduled principal
and other payments hereunder. 

6.      RESERVED. 

7.      Events of Default;
Remedies. Each of the following shall constitute an “Event of
Default” hereunder: 

          (a)      Maker
shall fail to pay the principal of, premium, if any, or interest on this Note,
or any amount of any fee, or any other indebtedness owing to Holder when and as
the same shall become due and payable, whether at the due date thereof or at a
date fixed for prepayment thereof or by acceleration thereof or otherwise; or

          (b)     
immediately upon the termination of the employment of Brendan Reilly without
Cause or for Good Reason (as such terms are defined in the Employment Agreement
by and between Brendan Reilly and the Maker, dated as of the date hereof);
or

          (c)      Maker
and/or Guarantor shall admit to Holdings its inability to pay its debts as they
mature, shall fail generally to pay its debts as they become due, or shall make
an assignment for the benefit of its or any of its creditors; or 

          (d)     
Proceedings in bankruptcy or for reorganization of Maker and/or Guarantor or for
the readjustment, arrangement, composition or adjustment of any of Maker's or
Guarantor's debts under the federal bankruptcy act, as amended, or any part
thereof, or under any other laws, whether state or federal, for the relief of
debtors, now or hereafter existing, (i) shall be commenced by Maker and/or
Guarantor, or (ii) shall be commenced against Maker and/or Guarantor and shall
not be discharged, vacated, dismissed, or stayed within forty-five (45) calendar
days of their commencement, or Maker and/or Guarantor shall discontinue its
business or materially change the nature of its business; or 

4 

          (e)      A
receiver, liquidator or trustee shall be appointed by Maker and/or Guarantor or
by Maker and/or Guarantor for any substantial part of the assets of Maker or
Guarantor, or any proceedings shall be instituted by Maker and/or Guarantor for
the dissolution or the full or partial liquidation of Maker and/or Guarantor, or
Maker and/or Guarantor shall discontinue its business or materially change the
nature of its business; or 

          (f)      Guarantor
shall revoke its Guaranty or the Guaranty is otherwise terminated for any reason
whatsoever; or 

          (g)     
In the event of a Change of Control of the Maker. 

          Upon
the occurrence and during the continuance of any Event of Default which is not
cured in a period of seven (7) calendar days, Holder may declare all outstanding
indebtedness hereunder to be forthwith due and payable, whereupon all
indebtedness hereunder shall become and be forthwith due and payable, without
presentment, demand, protest, or any other notice of any kind, all of which are
hereby expressly waived by Maker, anything contained herein or in any other Loan
Document to the contrary notwithstanding; provided, however, that upon
the occurrence of any Event of Default described in Paragraphs 7(c), Paragraph
7(d), and Paragraph 7(e) herein, all outstanding indebtedness hereunder,
including all interest, and all such other amounts payable under this Note and
the other Loan Documents shall become automatically due and payable, without
presentment, demand, protest, or any other notice of any kind, all of which are
hereby expressly waived by Maker, anything contained herein or in any Loan
Document to the contrary notwithstanding. 

          The
occurrence of an Event of Default under this Note shall constitute an event of
default under or within the meaning of any other Loan Documents and vice versa,
and shall also entitle Holder to initiate and pursue, in Holder's sole
discretion exercised on one or more occasions, and all and any rights and
remedies available to Holder hereunder and under any of the other Loan
Documents, without notice to Maker (except as otherwise provided in any Loan
Document). 

8.      Prejudgment Remedy and
Other Waivers. (a) TO INDUCE HOLDER TO ENTER INTO THE COMMERCIAL LOAN
TRANSACTIONS EVIDENCED BY THIS NOTE, AND THE OTHER LOAN DOCUMENTS, MAKER AGREES
THAT THIS IS A COMMERCIAL TRANSACTION AND NOT A CONSUMER TRANSACTION, AND
(SUBJECT ONLY TO SECTION 8(B) HEREOF) WAIVES ANY RIGHT TO NOTICE AND A HEARING
UNDER CHAPTER 903A OF THE CONNECTICUT GENERAL STATUTES, AS AMENDED, OR UNDER ANY
OTHER FEDERAL OR STATE STATUTE OR STATUTES OR FOREIGN LAWS AFFECTING PREJUDGMENT
REMEDIES, AND AUTHORIZES HOLDER'S ATTORNEY TO ISSUE A WRIT FOR A PREJUDGMENT
REMEDY WITHOUT COURT ORDER, PROVIDED THE COMPLAINT SHALL SET FORTH A COPY OF
THIS WAIVER, AND WAIVES ANY CLAIM IN TORT, CONTRACT OR OTHERWISE AGAINST
HOLDER'S ATTORNEY WHICH MAY ARISE OUT OF SUCH ISSUANCE OF A WRIT FOR A
PREJUDGMENT REMEDY WITHOUT COURT ORDER. FURTHER, SUBJECT ONLY TO SECTION 8(B)
HEREOF, IN THE EVENT HOLDER SEEKS TO TAKE POSSESSION OF ANY OR ALL OF THE
COLLATERAL BY COURT PROCESS OR OTHER METHOD AVAILABLE UNDER THE LAW, MAKER
IRREVOCABLY WAIVES ANY BOND 

5 

AND ANY SURETY OR SECURITY RELATING THERETO REQUIRED BY ANY
STATUTE, COURT RULE OR OTHERWISE AS AN INCIDENT TO SUCH POSSESSION, AND WAIVES
ANY DEMAND FOR POSSESSION PRIOR TO THE COMMENCEMENT OF ANY SUIT OR ACTION TO
RECOVER WITH RESPECT THERETO. SPECIFICALLY, MAKER RECOGNIZES AND UNDERSTANDS
THAT THE EXERCISE OF HOLDER'S RIGHTS DESCRIBED ABOVE MAY RESULT IN THE
ATTACHMENT OF OR LEVY AGAINST MAKER'S PROPERTY, AND SUCH WRIT FOR A PREJUDGMENT
REMEDY WILL NOT HAVE THE PRIOR WRITTEN APPROVAL OR SCRUTINY OF A COURT OF LAW OR
OTHER JUDICIAL OFFICER AND MAKER WILL NOT HAVE THE RIGHT TO ANY NOTICE OR PRIOR
HEARING WHERE MAKER MIGHT CONTEST SUCH A PROCEDURE. THE INTENT OF MAKER IS TO
GRANT TO HOLDER FOR GOOD AND VALUABLE CONSIDERATION THE RIGHT TO OBTAIN SUCH A
PREJUDGMENT REMEDY AND TO EXPRESS ITS BELIEF THAT ANY SUCH PREJUDGMENT REMEDY
OBTAINED IS VALID AND CONSTITUTIONAL UNLESS A COURT OF COMPETENT JURISDICTION
SHOULD DETERMINE OTHERWISE. FURTHER, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, MAKER HEREBY WAIVES DEMAND, PRESENTMENT FOR PAYMENT, PROTEST,
NOTICE OF PROTEST, NOTICE OF DISHONOR, DILIGENCE IN COLLECTION, NOTICE OF
NONPAYMENT OF THIS NOTE AND ANY AND ALL NOTICES OF A LIKE NATURE. FURTHER, TO
THE EXTENT NOT OTHERWISE EXPRESSLY PROVIDED HEREIN, MAKER EXPRESSLY WAIVES ALL
DEFENSES BASED UPON SURETYSHIP OR IMPAIRMENT OF COLLATERAL. MAKER CERTIFIES THAT
NO REPRESENTATIVE, AGENT OR ATTORNEY OF HOLDER HAS REPRESENTED, EXPRESSLY OR
OTHERWISE, THAT HOLDER WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE
ANY OF THE WAIVERS GRANTED ABOVE. MAKER ACKNOWLEDGES AND STIPULATES THAT THE
WAIVERS AND AUTHORIZATIONS GRANTED ABOVE ARE MADE KNOWINGLY, VOLUNTARILY AND
INTENTIONALLY AND AFTER FULL CONSULTATION WITH COUNSEL AND CONSTITUTE A MATERIAL
INDUCEMENT FOR HOLDER TO MAKE THE LOANS. 

(b)      THE
FOREGOING (i) WAIVER BY HOLDER OF ITS RIGHT TO A HEARING UNDER CHAPTER 903(a) OF
THE CONNECTICUT GENERAL STATUTES, AS AMENDED, OR UNDER ANY OTHER FEDERAL OR
STATE STATUTE OR STATUTES OR FOREIGN LAWS AFFECTING PREJUDGMENT REMEDIES, (ii)
AUTHORIZATION TO HOLDER'S ATTORNEY TO ISSUE A WRIT FOR A PREJUDGMENT REMEDY
WITHOUT COURT ORDER, AND (iii) WAIVER OF ANY BOND, SURETY OR SECURITY OR OF ANY
DEMAND FOR POSSESSION PRIOR TO THE COMMENCEMENT OF A SUIT OR ACTION AS DESCRIBED
ABOVE, SHALL NOT APPLY (x) IF MAKER OR ANY OTHER MEMBER OF THE PURCHASER GROUP
(AS DEFINED IN THE MERGER AGREEMENT) SHALL HAVE GIVEN WRITTEN NOTICE OF A CLAIM
FOR INDEMNIFICATION BY SELLER PURSUANT TO SECTION 9.1(a)(i) OF THE AGREEMENT AND
PLAN OF MERGER DATED AS OF MAY 31, 2007 BY AND AMONG MAKER, SELLER, Z5
TECHNOLOGIES LLC AND AEGIS MERGER CORPORATION (n/k/a FORTIFIED DATA
COMMUNICATIONS, INC.) (THE “MERGER AGREEMENT”) PRIOR TO THE COMMENCEMENT OF SUCH
ACTION BY HOLDER, OR (y) WHILE THE 

6 

PRINCIPAL OF OR ACCRUED INTEREST ON ANY ONE OR MORE OF THE
PROMISSORY NOTES OF MAKER LISTED ON SCHEDULE A HERETO REMAINS OUTSTANDING
(NEITHER PAID IN FULL, NOR CONVERTED TO EQUITY, NOR A COMBINATION THEREOF)
UNLESS HOLDER HAS OBTAINED THE WRITTEN CONSENT OF THE HOLDER(S) OF SUCH
OUTSTANDING NOTE(S).  

9.      Jury Trial Waiver.
MAKER AND HOLDER MUTUALLY HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY
WAIVE THE RIGHT TO A TRIAL BY JURY IN RESPECT OF ANY CLAIM BASED HEREON, ARISING
OUT OF, UNDER OR IN CONNECTION WITH THIS NOTE OR ANY OTHER LOAN DOCUMENTS OR ANY
COURSE OF CONDUCT, COURSE OF DEALINGS, STATEMENTS (WHETHER VERBAL OR WRITTEN) OR
ACTIONS OF ANY PARTY, INCLUDING, WITHOUT LIMITATION, ANY COURSE OF CONDUCT,
COURSE OF DEALINGS, STATEMENTS OR ACTIONS OF HOLDER RELATING TO THE
ADMINISTRATION OF ANY OF THE LOANS OR ENFORCEMENT OF THE LOAN DOCUMENTS, AND
AGREE THAT NEITHER PARTY WILL SEEK TO CONSOLIDATE ANY SUCH ACTION WITH ANY OTHER
ACTION IN WHICH A JURY TRIAL CANNOT BE OR HAS NOT BEEN WAIVED. EXCEPT AS
PROHIBITED BY LAW, MAKER HEREBY WAIVES ANY RIGHT IT MAY HAVE TO CLAIM OR RECOVER
IN ANY LITIGATION ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES OR
ANY DAMAGES OTHER THAN, OR IN ADDITION TO, ACTUAL DAMAGES. MAKER CERTIFIES THAT
NO REPRESENTATIVE, AGENT OR ATTORNEY OF HOLDER HAS REPRESENTED, EXPRESSLY OR
OTHERWISE, THAT HOLDER WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE
ANY OF THE WAIVERS GRANTED ABOVE. MAKER ACKNOWLEDGES AND STIPULATES THAT THE
WAIVERS AND AUTHORIZATIONS GRANTED ABOVE ARE MADE KNOWINGLY, VOLUNTARILY AND
INTENTIONALLY AND AFTER FULL CONSULTATION WITH COUNSEL AND CONSTITUTE A MATERIAL
INDUCEMENT FOR HOLDER TO MAKE THE LOANS. 

10.      No Waiver. Failure by
Holder to insist upon the strict performance by Maker of any terms and
provisions herein shall not be deemed to be a waiver of any terms and provisions
herein, and Holder shall retain the right thereafter to insist upon strict
performance by Maker of any and all terms and provisions of this Note or any
other Loan Documents. 

11.      General. No
course of dealing on the part of Holder nor any delay on the part of Holder in
exercising any right hereunder or under any other Loan Documents shall operate
as a waiver of any such right, and any waiver granted for one occasion shall not
operate as a waiver in the event of a subsequent default. The rights and
remedies of Holder hereof shall be cumulative and not in the alternative, and
shall include all rights and remedies granted herein, in any other Loan
Documents and under all applicable laws. This Note is the final, complete and
exclusive statement of the terms governing the Loan. 

12.      Acknowledgment of
Copy, Replacement Note. Maker acknowledges receipt of a copy of this Note.
Upon receipt of any affidavit of an officer of Holder as to the loss, theft,
destruction or mutilation of this Note or any other Loan Document which is not
of public record, if any, and, in the case of any such loss, theft, destruction
or mutilation, upon surrender and cancellation of 

7 

such Note or other Loan Document, Maker will issue, in lieu
thereof, a replacement of this Note or other Loan Document in the same principal
amount thereof and otherwise of like tenor. 

13.      Assignments.
Maker hereby agrees that Holder, in its sole discretion, shall have the
unrestricted right at any time and from time to time, and without Maker's or any
Guarantor's consent, to assign all or a portion of its rights and obligations
under this Note and other Loan Documents to one or more banks, other financial
institutions, or any other person or entity (each, an “Assignee”). In the
event of any such assignment to an Assignee, Maker and each Guarantor agrees
that it shall execute, or cause to be executed, such documents, including
without limitation, amendments to this Note and to any other Loan Document, as
Holder shall deem reasonably necessary to effect the foregoing (provided,
however, that such documents and amendments do not substantively affect the
terms of the Loan). In addition, at the request of Holder and any such Assignee,
Maker shall issue one or more new Notes, as applicable, to any such Assignee
and, if Holder has retained any of its rights and obligations following such
assignment, to Holder, which new Notes shall be issued in replacement of, but
not in discharge of, the Obligations evidenced by this Note prior to such
assignment and shall reflect the amount of the respective Loans held by such
Assignee and Holder after giving effect to such assignment. Upon the execution
and delivery of appropriate assignment documentation, amendments and any other
documentation required by Holder in connection with such assignment, such
Assignee shall be a party to this Note and shall have all of the rights and
obligations of Holder hereunder (and under any and all other Loan Documents) to
the extent that such rights and obligations have been assigned by Holder
pursuant to the assignment documentation between Holder and such Assignee, and
Holder shall be released form its obligations hereunder to a corresponding
extent. Holder may furnish any information concerning Maker in its possession
from time to time to Assignees and prospective Assignees, provided that
Holder shall require any such Assignees and prospective Assignees to agree in
writing to maintain the confidentiality of such information, except as required
by applicable laws or governmental authorities. 

14.      Governing Law.
This Note shall be governed by the laws of the State of Connecticut (without
regard to its conflicts of law provisions). 

15.      Severability. If
any provision of this Note is deemed void, invalid or unenforceable under
applicable law, such provision is and will be deemed to be totally ineffective
to that extent, but the remaining provisions shall be deemed unaffected and
shall remain in full force and effect. 

16.      Successors and
Assigns. The provisions of this Note shall bind the assigns and successors
of Maker and shall inure to the benefit of Holder, its successors and assigns.

[INTENTIONALLY LEFT BLANK] 

8 

          IN
WITNESS WHEREOF, Maker has caused this Note to be duly executed as a sealed
instrument. 

FORTIFIED HOLDINGS CORP.

(formerly Aegis Industries, Inc.)

 

By: /s/ Dennis
Mee                                                           
       Dennis
Mee 
       Interim President, Chief Financial
Officer & Secretary 

9 

Schedule A 

 

	  	 	  	 	Original 
	               
                         
                       
       Payee 	 	Date 	 	Principal Amount 
	Greg Veitch 	 	April 26, 2007 	 	$                                      
      250,000 
	Tom Joyce 	 	April 26, 2007 	 	$                                      
      250,000 
	Jason Baer 	 	May 4, 2007 	 	$                                       
       50,000 
	William P. Whalen 	 	May 9, 2007 	 	$                                      
      100,000 
	Charles Schwab & Co. Inc.
    	 	  	 	$                                      
      100,000 
	as Custodian for Paul M.
      Foley IRA 	 	May 11, 2007

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