Document:

Unassociated Document

     

    

      THE
        SECURITIES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
        ACT OF
        1933, AS AMENDED (THE "ACT"),
        AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR HYPOTHECATED UNLESS (A) THERE
        IS AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT, AND APPLICABLE STATE
        SECURITIES LAWS, COVERING ANY SUCH TRANSACTION INVOLVING SAID SECURITIES,
        (B) THE COMPANY RECEIVES AN OPINION OF LEGAL COUNSEL FOR THE HOLDER
        OF
        THESE SECURITIES SATISFACTORY TO THE COMPANY STATING THAT SUCH TRANSACTION
        IS
        EXEMPT FROM REGISTRATION, OR (C) THE COMPANY OTHERWISE SATISFIES ITSELF
        THAT SUCH TRANSACTION IS EXEMPT FROM REGISTRATION.

       

      POSITRON
        CORPORATION

       

      CONVERTIBLE
        PROMISSORY NOTE

      

       

      $__________                                                                                                               Houston,
        Texas

      ________,
        2005

       

      POSITRON
        CORPORATION, a Texas corporation (the "Company"),
        the
        principal office of which is located at 1304 Langham Creek Drive, #300, Houston,
        Texas 77084, for value received hereby promises to pay to Imagin Diagnostic
        Centres, Inc., 1835 Yonge St., Suite 500, Toronto,
        Ontario, Canada M4S, or its registered assigns (the "Holder"),
        the
        sum of ___________________ Dollars ($_________), or such lesser amount as
        shall
        then equal the outstanding principal amount hereof on the terms and conditions
        set forth hereinafter. The principal hereof and any unpaid accrued interest
        hereon, as set forth below, shall be due and payable on the earlier to occur
        of
        (i) August 7, 2008 (the "Maturity
        Date")
        or
        (ii) when declared due and payable by the Holder upon the occurrence
        of an
        Event of Default (as defined below). Commencing on the Maturity Date, all
        principal and accrued interest hereunder shall be payable upon demand. Payment
        for all amounts due hereunder shall be made by mail to the registered address
        of
        the Holder. All numbers expressed herein as "$" or "dollars" are in United
        States dollars.

       

      The
        following is a statement of the rights of the Holder of this Note and the
        conditions to which this Note is subject, and to which the Holder hereof,
        by the
        acceptance of this Note, agrees:

       

      1.  Definitions.
        Except
        as otherwise defined herein, each capitalized term used herein shall have
        the
        meaning assigned to it in the Note Purchase Agreement dated as of August
        8, 2005
        (the "Purchase
        Agreement").
        As
        used in this Note, the following terms, unless the context otherwise requires,
        have the following meanings:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      (a)  "Business
        Day"
        shall
        mean a day other than Saturday, Sunday or a public holiday under the laws
        of the
        State of Texas.

       

      (b)  "Company"
        includes any corporation that shall succeed to or assume the obligations
        of the
        Company under this Note.

       

      (c)  "Holder,"
        when
        the context refers to a holder of this Note, shall mean any person who shall
        at
        the time be the registered holder of this Note.

       

      (d)  "Operating
        Cash Flow"
        shall
        mean the sum of net income, depreciation, change in accruals and change in
        accounts payable, minus change in accounts receivable, minus change in
        inventories.

       

      2.  Interest.
        Simple
        interest shall accrue at the rate of ten percent (10%) per annum on
        the
        principal of this Note outstanding during the period beginning the date of
        funding of this Note and ending on the date that the principal amount of
        this
        Note is repaid. Interest shall be calculated on the basis of a 365-day year
        for
        the actual number of days elapsed. Accrued interest shall be payable in cash
        annually on the anniversary date of this note; provided however, that at
        the
        Company's option, the accrued interest shall be payable by issuance to Holder
        of
        a new note identical in form to this Note and in an amount equal to the accrued
        interest not otherwise paid in cash. In the event that a payment date falls
        on a
        non-Business Day, payment shall be made on the next Business Day, while taking
        into account such extra days in calculating the accrued interest. In the
        event
        of an earlier conversion, acceleration or payment of the Note, interest shall
        be
        payable in cash on such date.

       

      3.  Events
        of Default.
        If any
        of the events specified in this Section 3 shall occur (herein individually
        referred to as an "Event
        of Default"),
        the
        Holder of the Note may, so long as such condition exists, declare the entire
        principal and unpaid accrued interest hereon immediately due and payable,
        by
        notice in writing to the Company:

       

      (a)  The
        Company shall default in the payment of any part of the principal or accrued
        and
        unpaid interest on this Note after it shall become due and payable, whether
        at
        maturity or at a date fixed for prepayment or by acceleration or otherwise;
        or

       

      (b)  The
        institution by the Company of proceedings to be adjudicated as bankrupt or
        insolvent, or the consent by it to institution of bankruptcy or insolvency
        proceedings against it or the filing by it of a petition or answer or consent
        seeking reorganization or release under the federal Bankruptcy Act, or any
        other
        applicable federal or state law, or the consent by it to the filing of any
        such
        petition or the appointment of a receiver, liquidator, assignee, trustee
        or
        other similar official of the Company, or of any substantial part of its
        property, or the making by it of an assignment for the benefit of creditors,
        or
        the taking of corporate action by the Company in furtherance of any such
        action;
        or

       

      (c)  If,
        within sixty (60) days after the commencement of an action against
        the
        Company, without the consent or acquiescence of the Company (and service
        of
        process in connection therewith on the Company) seeking any bankruptcy,
        insolvency, reorganization, liquidation, dissolution or similar relief under
        any
        present or future statute, law or regulation, such action shall not have
        been
        resolved in favor of the Company or all orders or proceedings thereunder
        affecting the operations or the business of the Company stayed, or if the
        stay
        of any such order or proceeding shall thereafter be set aside, or if, within
        sixty (60) days after the appointment without the consent or acquiescence
        of the Company of any trustee, receiver or liquidator of the Company or of
        all
        or any substantial part of the properties of the Company, such appointment
        shall
        not have been vacated; or 

       

      
        
          
          

        

        
          -2-

          
            

          

        

        
          
          

        

      

       

      (d)  Any
        material breach by the Company of any representation, warranty or covenant
        contained in the Purchase Agreement or this Note.

       

      (e)  As
        of
        January 1, 2006, the Company shall not have obtained stockholder approval
        to
        amend its Articles of Incorporation to increase the number of shares of its
        authorized Common Stock to account for the conversion of this Note.

       

      In
        the
        case of an Event of Default pursuant to (b) or (c) above, all amounts
        shall
        automatically, without notice, become immediately due and payable and
        collectible by Holder pursuant to applicable law. 

       

      4.  Conversion.

       

      4.1  Conversion.
        The
        principal amount of this Note, or any portion thereof may be converted by
        the
        Holder at any time prior to Maturity into the number of fully paid shares
        of the
        Company's Common Stock as is determined by dividing the unpaid principal
        under
        the Note by the Conversion Price (as hereinafter defined) in effect at the
        time
        of conversion. Accrued but unpaid interest shall be payable in cash at the
        time
        of conversion.

       

      4.2  Conversion
        Price. The Conversion Price (the "Conversion Price") applicable per share
        of
        Common Stock shall initially be equal to $0.02, subject to adjustment from
        time
        to time in accordance with Section 4.3 below. 

       

      4.3  Adjustments
        to the Conversion Price. The Conversion Price shall be subject to adjustment
        from time to time as follows:

       

      4.3.1  Adjustment
        Upon Stock Dividends, Subdivisions or Splits.
        If, at
        any time, the number of shares of Common Stock outstanding is increased by
        a
        stock dividend payable in shares of Common Stock or by a subdivision or split-up
        of shares of Common Stock, then, following the record date for the determination
        of holders of Common Stock entitled to receive such stock dividend, or to
        be
        affected by such subdivision or split-up, the Conversion Price shall be
        appropriately decreased so that the number of shares of Common Stock issuable
        on
        conversion of Note shall be increased in proportion to such increase in
        outstanding shares.

       

      4.3.2  Adjustment
        Upon Combinations.
        If, at
        any time, the number of shares of Common Stock outstanding is decreased by
        a
        combination of the outstanding shares of Common Stock into a smaller number
        of
        shares of Common Stock, then, following the record date to determine shares
        affected by such combination, the Conversion Price shall be appropriately
        increased so that the number of shares of Common Stock issuable on conversion
        of
        the Note shall be decreased in proportion to such decrease in outstanding
        shares.

       

      
        
          
          

        

        
          -3-

          
            

          

        

        
          
          

        

      

       

      4.3.3  Adjustment
        Upon Reclassifications, Reorganizations, Consolidations or
        Mergers.
        If, at
        any time when the Note is issued and outstanding, there shall be any merger,
        consolidation, share exchange, recapitalization, reorganization, business
        combination, or other similar event, as a result of which shares of Common
        Stock
        shall be changed into the same or a different number of shares of another
        class
        or classes of stock or securities of the Company or another entity, or in
        case
        of any sale or conveyance of all or substantially all of the assets of the
        Company then the Holder shall thereafter have the right to receive upon
        conversion of the Note, upon the basis and upon the terms and conditions
        specified herein and in lieu of the shares of Common Stock immediately
        theretofore issuable upon conversion, such stock, securities, cash or other
        assets which the Holder of would have been entitled to receive in such
        transaction had the Note been converted in full immediately prior to such
        transaction (without regard to any limitations on conversion contained herein),
        and in any such case appropriate provisions shall be made with respect to
        the
        rights and interests of the Holder to the end that the provisions hereof
        (including, without limitation, provisions for adjustment of the applicable
        Conversion Price and of the number of shares of Common Stock issuable upon
        conversion of the Note) shall thereafter be applicable, as nearly as may
        be
        practicable in relation to any securities or assets thereafter deliverable
        upon
        the conversion of the Note. The above provisions shall similarly apply to
        successive mergers, consolidations, share exchanges, recapitalizations,
        reorganizations, business combinations or other similar events or sales of
        assets.

       

      4.3.4  Deferral
        in Certain Circumstances.
        In any
        case in which the provisions of this Section 4.3 shall require that an
        adjustment shall become effective immediately after a record date of an event,
        the Company may defer until the occurrence of such event issuing to the Holder
        of the Note, converted after such record date and before the occurrence of
        such
        event, the shares of capital stock issuable upon such conversion by reason
        of
        the adjustment required by such event and issuing to such Holder only the
        shares
        of capital stock issuable upon such conversion before giving effect to such
        adjustments; provided, however, that the Company shall deliver to such Holder
        an
        appropriate instrument or due bills evidencing such holder's right to receive
        such additional shares.

       

      4.3.5  Notice
        of Adjustment of Conversion Price.
        Whenever the Conversion Price is adjusted as herein provided: (i) the Company
        shall compute the adjusted Conversion Price in accordance with this Section
        4.3
        and shall prepare a certificate signed by the Chief Financial Officer of
        the
        Company setting forth the adjusted Conversion Price and showing in reasonable
        detail the facts upon which such adjustment is based, and such certificate
        shall
        forthwith be filed at each office or agency maintained for such purpose of
        conversion of the Note; and (ii) a notice stating that the Conversion Price
        has
        been adjusted and setting forth the adjusted Conversion Price shall forthwith
        be
        prepared by the Company, and as soon as practicable after it is prepared,
        such
        notice shall be mailed by the Company at its expense to the Holder at the
        Holder's last addresses as it shall appear in the Company's
        records.

       

      4.4  Conversion
        Procedure.

       

      4.4.1  Notice
        of Conversion.
        In
        order to convert this Note (in whole or in part) into full shares of Common
        Stock, the Holder shall surrender the Note, duly endorsed, by either overnight
        courier or by hand, to the principal office of the Company, and shall give
        written notice (the "Conversion
        Notice")
        by
        facsimile (with the original of such notice forwarded with the foregoing
        courier) to the Company at such office that the Company elects to convert
        the
        amount specified therein, which such notice and election shall be irrevocable
        by
        the Holder; provided however, that the Company shall not be obligated to
        issue
        certificates evidencing the shares of the Common Stock issuable upon such
        conversion unless either the Note evidencing the principal amount is delivered
        to the Company as provided above, or the Holder notifies the Company that
        such
        Note(s) have been lost, stolen or destroyed and promptly executes an agreement
        reasonably satisfactory to the Company to indemnify the Company from any
        loss
        incurred by its connection with such Note(s).

       

      
        
          
          

        

        
          -4-

          
            

          

        

        
          
          

        

      

       

      4.4.2  Delivery
        of Stock Certificates.
        Upon
        receipt of such Conversion Notice, the Company shall immediately verify the
        Holder's calculation of the conversion rate and shall use its best efforts
        to
        cause its transfer agent to issue and deliver as promptly as practical to
        the
        Company of such Note(s), or after receipt of such agreement and indemnification,
        to such Holder of Note(s) at the address of the Holder, or to its designee,
        a
        certificate or certificates for the number of shares of Common Stock to which
        the Holder shall be entitled, together with a Note or Notes for the principal
        amount of Notes not submitted for conversion. The issuance of such certificates
        upon conversion of this Note shall be made without charge to the Holder of
        this
        Note for any issuance tax in respect thereof or other cost incurred by the
        Company in connection with such conversion and the related issuance of the
        Common Stock. Upon the conversion of this Note, the Company shall take all
        such
        actions as are necessary in order to insure that the Common Stock issuable
        with
        respect to such conversion shall be validly issued and fully paid.

       

      4.4.3  Effect
        of Conversion.
        The
        date on which the Conversion Notice is given shall be deemed to be the date
        the
        Company received by facsimile the Conversion Notice, and the person or persons
        entitled to receive the shares of Common Stock issuable upon such conversion
        shall be treated for all purposes as the record holder or holders of such
        shares
        of Common Stock on such date. No fractional shares of Common Stock shall
        be
        issued upon conversion of this Note. In lieu of the Company issuing any
        fractional shares to the Holder upon the conversion of this Note, the Company
        shall pay to the Holder the amount of outstanding principal that is not
        converted because its conversion would require fractional shares, such payment
        to be in the form as provided below. Upon conversion of this Note, the Company
        shall be forever released from all of its obligations and liabilities under
        this
        Note,
        except
        that the Company shall be obligated to pay the Holder, within ten (10)
        days
        after the date of such conversion, any interest accrued and unpaid or
        unconverted to and including the date of such conversion, and no
        more.

       

      4.5  Notices
        of Record Date, etc.
        In the
        event of:

       

      4.5.1  Any
        taking by the Company of a record of the holders of any class of securities
        of
        the Company for the purpose of determining the holders thereof who are entitled
        to receive any dividend (other than a cash dividend payable out of earned
        surplus at the same rate as that of the last such cash dividend theretofore
        paid) or other distribution, or any right to subscribe for, purchase or
        otherwise acquire any shares of stock of any class or any other securities
        or
        property, or to receive any other right; or

       

      4.5.2  Any
        capital reorganization of the Company, any reclassification or recapitalization
        of the capital stock of the Company or any transfer of all or substantially
        all
        of the assets of the Company to any other person or any consolidation or
        merger
        involving the Company; or

       

      
        
          
          

        

        
          -5-

          
            

          

        

        
          
          

        

      

       

      4.5.3  Any
        voluntary or involuntary dissolution, liquidation or winding-up of the Company,
        

       

      the
        Company will mail to the holder of this Note at least five (5) days
        prior
        to the earliest date specified therein, a notice specifying:

       

      4.5.3.1
          The
        date
        on which any such record is to be taken for the purpose of such dividend,
        distribution or right, and the amount and character of such dividend,
        distribution or right; and

       

      4.5.3.2
          The
        date
        on which any such reorganization, reclassification, transfer, consolidation,
        merger, dissolution, liquidation or winding-up is expected to become effective
        and the record date for determining shareholders entitled to vote
        thereon.

       

      4.6  Notice
        of Prepayment.
        The
        Company shall mail to the holder of this Note at least sixty (60) days prior
        to
        repayment of any principal due hereunder.

       

      4.7  Reservation
        of Stock Issuable Upon Conversion. The Company shall, prior to conversion
        of
        this Note into Common Stock, reserve and keep available out of its authorized
        but unissued shares of Common Stock solely for the purpose of effecting the
        conversion of the Note such number of its shares of Common Stock as shall
        from
        time to time be sufficient to effect the conversion of the Note. The Company
        shall at all times reserve and keep available out of its authorized but unissued
        Common Stock, such number of its duly authorized Common Stock as shall be
        sufficient to effect the conversion of the Common Stock into Common Stock
        in
        accordance with its Articles. If at any relevant time the number of authorized
        but unissued shares of Common Stock shall not be sufficient to effect the
        conversion of the entire outstanding principal amount of this Note, in addition
        to such other remedies as shall be available to the holder of this Note,
        the
        Company will use its reasonable efforts to forthwith take such corporate
        action
        as may be necessary to increase its authorized but unissued shares of Common
        Stock to such number of shares as shall be sufficient for such
        purposes.

       

      5.  Assignment.
        Subject
        to the restrictions on transfer described in Section 8 below, the
        rights
        and obligations of the Company and the Holder of this Note shall be binding
        upon
        and benefit the successors, assigns, heirs, administrators and transferees
        of
        the parties.

       

      6.  Waiver
        and Amendment.
        Any
        provision of this Note may be amended, waived or modified (either generally
        or
        in a particular instance, either retroactively or prospectively, and either
        for
        a specified period of time or indefinitely), upon the written consent of
        the
        Company and of the Holder.

       

      7.  Waiver
        of Notice.
        The
        Company hereby waives notice, presentment, demand, protest and notice of
        dishonor.

       

      8.  Transfer
        of this Note or Securities Issuable on Conversion Hereof.
        Transfer of this Note or the Common Stock and Common Stock issuable upon
        conversion thereof shall only be made in accordance with Section 4.7 and
        4.8 of
        the Purchase Agreement. All transferees of this Note agree to be bound by
        the
        obligations set forth under Sections 1.6, 1.7 and Section 4 (and related
        definitions) of the Purchase Agreement, which Sections are incorporate herein
        by
        reference. In connection with any such transfer, such transferee shall sign
        an
        acknowledgment stating that it will become bound by the terms of such sections
        Purchase Agreement. Holder understands and agrees that each certificate held
        by
        Holder representing Common Stock and Common Stock issuable upon conversion
        of
        this Note, or any other securities issued in respect of this Note issuable
        upon
        conversion thereof upon any stock split, stock dividend, recapitalization,
        merger, consolidation or similar event, shall bear the following legend (in
        addition to any legend required under applicable federal or state securities
        laws): 

       

      
        
          
          

        

        
          -6-

          
            

          

        

        
          
          

        

      

       

      "THE
        SHARES REPRESENTED BY THIS CERTIFICATE ARE RESTRICTED BY THE TERMS OF, AND
        ARE
        SUBJECT TO RESTRICTIONS ON TRANSFER AND RIGHTS OF SALE AS PROVIDED IN A NOTE
        PURCHASE AGREEMENT BETWEEN THE COMPANY AND THE HOLDER HEREOF, OR ITS SUCCESSOR,
        A COPY OF WHICH IS AVAILABLE FROM THE COMPANY."

       

      9.  Notices.
        Any
        notice, request or other communication required or permitted hereunder shall
        be
        in writing and shall be deemed to have been duly given if personally delivered
        or if sent by nationally recognized courier service or mailed by registered
        or
        certified mail, postage prepaid, to the respective addresses of the parties
        as
        set forth herein or if sent by facsimile to the respective facsimile numbers
        of
        the parties set forth herein. Any party hereto may by notice so given change
        its
        address for future notice hereunder. Notice shall conclusively be deemed
        to have
        been given and received when personally delivered or three (3) Business
        Days after deposited in the mail or one Business Day after sent by courier
        or
        upon confirmation of facsimile delivery in the manner set forth
        above.

       

      10.  Loss,
        Theft or Destruction of Note.
        Upon
        receipt by the Company of evidence reasonably satisfactory to it of the loss,
        theft or destruction of this Note and of indemnity or security reasonably
        satisfactory to it, the Company will make and deliver a new Note which shall
        carry the same rights to interest (unpaid and to accrue) carried by this
        Note,
        stating that such Note is issued in replacement of this Note, making reference
        to the original date of issuance of this Note, (and any successors hereto)
        and
        dated as of such cancellation, in lieu of this Note.

       

      11.  Usury
        Disclosure.
        Regardless of any provision contained in this Note, it is expressly stipulated
        and agreed that the intent of the Holder and the Company is to comply at
        all
        times with all usury and other laws relating to this Note. If the laws of
        the
        State of Texas would now or hereafter render usurious, or are revised, repealed
        or judicially interpreted as to render usurious, the indebtedness evidenced
        by
        this Note, or if any prepayment by the Company results in the Company's having
        paid any interest in excess of that permitted by law, then it is the Holder's
        and the Company's express intent that all excess amounts theretofore collected
        by the Holder be credited to the principal balance of this Note (or, if this
        Note has been paid in full, refunded to the Company), and the provisions
        of this
        Note immediately be deemed reformed the amounts therefor collectible hereunder
        reduced, without the necessity of execution of any new document, so as to
        comply
        with the then applicable law, but so as to permit the recovery of the fullest
        amount otherwise called for hereunder.

       

      
        
          
          

        

        
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      12.  No
        Shareholder Rights.
        Nothing
        contained in this Note shall be construed as conferring upon the Holder or
        any
        other person the right to vote or to consent or to receive notice as a
        shareholder in respect of meetings of shareholders for the election of directors
        of the Company or any other matters or any rights whatsoever as a shareholder
        of
        the Company.

       

      13.  Governing
        Law.
        This
        Agreement shall be governed by and construed in accordance with the laws
        of the
        State of Texas, excluding that body of law relating to conflict of
        laws.

       

      14.  Heading;
        References.
        All
        headings used herein are used for convenience only and shall not be used
        to
        construe or interpret this Note. Except as otherwise indicated, all references
        herein to Sections refer to Sections hereof.

       

      [Remainder
        of page intentionally left blank]

       

      
        
          
          

        

        
          -8-

          
            

          

        

        
          
          

        

      

       

      IN
        WITNESS WHEREOF, the Company has caused this Note to be issued as of the
        date
        first set forth above.

      

      
        
          	 	 	 
	 COMPANY: 	
                  POSITRON
                    CORPORATION,
                    a
                    Texas corporation

                
	 
 	 
 	 
 
	 	By:  	/s/ 
	 	
                  

                
	 	
                  Gary
                    H. Brooks, President

                  
                    Address: 1304
                      Langham Creek Drive, #300

                                     
                      Houston, Texas 77084

                                     
                      Facsimile: 281-492-2961

                  

                

        

      

      
        
          
          

        

        
          -9-

          
            

          

        

        
          
          

        

      

       

      NOTICE
        OF CONVERSION

      (To
        Be
        Signed Only Upon Conversion of Note)

      
 

      TO
        POSITRON CORPORATION

       

      The
        undersigned, the holder of the foregoing Note, hereby surrenders such Note
        for
        conversion into ___ shares of Common Stock of POSITRON CORPORATION, to the
        extent of ________________________ dollars ($____________) unpaid principal
        amount of such Note, and requests that the certificates for such shares be
        issued in the name of, and delivered to,
        _________________________________________, whose address is
        __________________________________________________.

       

      Dated:
        ________________________.

       

      
        
          	 	 	 
	 	 
	 
 	 
 	 
 
	Date: 	 	 
	 	
                  

                
	 	
                  (Signature
                    must conform in all respects to name of holder as specified on
                    the face of
                    the Note)

                   

                  Address
                    ____________________________________________________________________

                                 
                    ____________________________________________________________________

                                 
                    ____________________________________________________________________Unassociated Document

    

      EXHIBIT
        10.3

      REGISTRATION
        RIGHTS AGREEMENT

       

      This
        Registration Rights Agreement (this "Agreement")
        is
        made and entered into as of August 8, 2005 by and between Imagin Diagnostic
        Centres, Inc., 1835 Yonge St., Suite 500, Toronto,
        Ontario, Canada M4S, ("Purchaser"),
        and
        Positron Corporation, a Texas corporation (the "Company").

       

      R
        E C
        I T A L S :

       

      WHEREAS,
        concurrent with the execution of this Agreement the Company and Purchaser
        are
        entering into a Note Purchase Agreement (as defined below) pursuant to which
        Purchaser will purchase from the Company Convertible Promissory Notes in
        the
        aggregate principal amount of $400,000 (the "Notes");
        and

       

      WHEREAS,
        the Notes are convertible at the option of the holders into shares of the
        Company's Common Stock (the "Common Stock").

       

      NOW,
        THEREFORE, in consideration of the mutual promises, representations, warranties
        and conditions set forth in this Agreement, the parties hereto, intending
        to be
        legally bound, hereby agree as follows:

       

      A G R E E M E N T
        :

       

      1.  Definitions.
        For
        purposes of this Agreement, in addition to the definitions set forth above
        and
        elsewhere herein, the following terms shall have the following respective
        meanings:

       

      "Acquisition
        Shares"
        shall
        mean the shares of Common Stock which the Purchaser will have a right to
        acquire
        upon the conversion of the Notes.

       

      "Commission"
        shall
        mean the United States Securities and Exchange Commission and any successor
        agency.

       

      "Demand
        Date"
        shall
        mean the date the Company receives the written request for registration of
        Registrable Stock from Purchaser pursuant to Section 3 hereof.

       

      "Exchange
        Act"
        shall
        mean the Securities Exchange Act of 1934, as amended, or any similar federal
        statute, and the rules and regulations of the Commission thereunder, all
        as the
        same shall be in effect at the time.

       

      "Holder"
        shall
        mean the Purchaser and all transferees or assignees thereof to whom the rights
        under this Agreement are assigned in accordance with the provisions of
        Section 8 hereof.

       

      "Note
        Purchase Agreement"
        shall
        mean the Note Purchase Agreement between the Company and the Purchaser, dated
        as
        of August 8, 2005

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      "Person"
        shall
        mean an individual, corporation, partnership, limited partnership, syndicate,
        person (including, without limitation, a "person" as defined in
        Section 13(d)(3) of the Exchange Act), trust, association or entity
        or
        government, political subdivision, agency or instrumentality of a
        government.

       

      "Register,"
        "registered"
        and
        "registration"
        shall
        refer to a registration effected by preparing and filing a registration
        statement or similar document in compliance with the Securities Act and the
        declaration or ordering of effectiveness of such registration statement or
        document.

       

      "Registrable
        Stock"
        shall
        mean (a) the Acquisition Shares, (b) any shares of Common Stock
        or
        other capital stock issued as a dividend, or other distribution with respect
        to,
        or in exchange for, or in replacement of, any of the Acquisition Shares and
        (c) any shares of capital stock issued by way of a stock split of
        the
        Acquisition Shares referred to in clause (a) above. For purposes of
        this
        Agreement, any Registrable Stock shall cease to be Registrable Stock when
        (i) a registration statement covering such Registrable Stock has been
        declared effective and such Registrable Stock has been disposed of pursuant
        to
        such effective registration statement, (ii) such Registrable Stock
        is sold
        by a person in a transaction in which the rights under the provisions of
        this
        Agreement are not assigned, or (iii) all such Registrable Stock may
        be sold
        by any and all Holders pursuant to Rule 144(k) (or any similar provision
        then in
        force, but not Rule 144A) under the Securities Act without registration
        under the Securities Act.

       

      "Securities
        Act"
        shall
        mean the Securities Act of 1933, as amended, or any similar federal statute,
        and
        the rules and regulations of the Commission thereunder, all as the same shall
        be
        in effect at the time.

       

      2.  Restrictive
        Legend.
        Each
        certificate representing Acquisition Shares shall, except as otherwise provided
        in this Section 2, be stamped or otherwise imprinted with a legend
        substantially in the form set forth in the Note Purchase Agreement. A
        certificate shall not bear such legend if in the opinion of counsel satisfactory
        to the Company or the Company shall determine that the securities being sold
        thereby may be publicly sold without registration under the Securities Act
        or
        the transfer of such securities is permitted under the provisions of Regulation
        D, Rule 144(k) or Rule 144A (or any rule permitting public
        sale
        without registration under the Securities Act).

       

      3.  Registration
        Rights.
        Upon
        the written request of Purchaser to the Company, the Company shall use its
        reasonable best efforts to prepare and file with the Commission a registration
        statement on an applicable form, signed, pursuant to Section 6(a)
        of the
        Securities Act, by the officers and directors of the Company, with respect
        to
        the Registrable Stock. If the Company shall fail to register the shares of
        Registrable Stock, the Company shall deliver the unregistered shares of
        Registrable Stock to the Purchaser and such shares may be sold pursuant to
        and
        subject to the requirements of Rule 144 under the Securities Act. The Company's
        delivery of the unregistered shares shall be the Purchaser's sole remedy
        for any
        failure by the Company to register shares pursuant to this Section 3. In
        connection with this Section 3, the Company shall:

       

       (a)  cause
        such registration statement to become effective on or before the three-month
        anniversary of the Demand Date and to remain effective through and including
        the
        earlier of (i) the time when all of the Registrable Stock has been
        sold
        pursuant to such registration statement or (ii) the time when all
        of the
        Holders of the Registrable Stock can sell all of the Registrable Stock pursuant
        to Rule 144(k) (or any similar provision then in force, but not
        Rule 144A) under the Securities Act without registration under the
        Securities Act.

       

      
        
          
          

        

        
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      (b)  prepare
        and file with the Commission such amendments and supplements to such
        registration statement, signed, pursuant to Section 6(a) of the Securities
        Act, by the officers and directors of the Company, and the prospectus used
        in
        connection therewith as may be necessary to comply with the provisions of
        the
        Securities Act with respect to the disposition of all Registrable Stock covered
        by such registration statement;

       

      (c)  furnish
        to the Holders such numbers of copies of the registration statement and the
        prospectus included therein (including each preliminary prospectus and any
        amendments or supplements thereto) in conformity with the requirements of
        the
        Securities Act and such other documents and information as they may reasonably
        request;

       

      (d)  use
        its
        reasonable best efforts to register or qualify the Registrable Stock covered
        by
        such registration statement under such other securities or blue sky laws
        of such
        jurisdictions within the United States and Puerto Rico as required by law
        for
        the distribution of the Registrable Stock covered by the registration statement;
        provided, however, that the Company shall not be required in connection
        therewith or as a condition thereto to qualify to do business in or to file
        a
        general consent to service of process in any jurisdiction wherein it would
        not
        but for the requirements of this paragraph (d) be obligated to do
        so; and
        provided, further, that the Company shall not be required to qualify such
        Registrable Stock in any jurisdiction in which the securities regulatory
        authority requires that any Holder submit any shares of its Registrable Stock
        to
        the terms, provisions and restrictions of any escrow, lockup or similar
        agreement(s) for consent to sell Registrable Stock in such jurisdiction unless
        such Holder agrees to do so;

       

      (e)  promptly
        notify each Holder for whom such Registrable Stock is covered by such
        registration statement, at any time when a prospectus relating thereto is
        required to be delivered under the Securities Act, of the happening of any
        event
        as a result of which the prospectus included in such registration statement,
        as
        then in effect, includes an untrue statement of a material fact or omits
        to
        state any material fact required to be stated therein or necessary to make
        the
        statements therein not misleading in light of the circumstances under which
        they
        were made, and at the request of any such Holder promptly prepare and furnish
        to
        such Holder a reasonable number of copies of a supplement to or an amendment
        of
        such prospectus as may be necessary so that, as thereafter delivered to Holders
        of such securities, such prospectus shall not include any untrue statement
        of a
        material fact or omit to state a material fact required to be stated therein
        or
        necessary to make the statements therein not misleading in light of the
        circumstances under which they were made;

       

      (f)  enter
        into customary agreements and take such other actions as are reasonably required
        in order to expedite or facilitate the disposition of the Registrable Stock
        to
        be so included in the registration statement;

       

      
        
          
          

        

        
          -3-

          
            

          

        

        
          
          

        

      

       

      (g)  otherwise
        use its reasonable best efforts to comply with all applicable rules and
        regulations of the Commission;

       

      (h)  use
        its
        reasonable best efforts to list the Registrable Stock covered by such
        registration statement with any securities exchange on which Common Stock
        is
        then listed; and

       

      (i)  after
        the
        effectiveness of the registration statement, cooperate with the Holders to
        facilitate the timely preparation and delivery of certificates representing
        the
        Registrable Stock to be sold, which certificates shall not bear any restrictive
        legends other than restrictive legends still required to be imposed by the
        Note
        Purchase Agreement.

       

      4.  Suspension
        of Trading.
        Notwithstanding any other provision of this Agreement, the Company shall
        have
        the right at any time to require that all Holders suspend further open market
        offers and sales of Registrable Stock whenever, and for so long as, in the
        reasonable judgment of the Company in good faith based upon the advice of
        counsel satisfactory to the Holders of a majority of the Registrable Stock,
        there is in existence material undisclosed information or events with respect
        to
        the Company (the "Suspension
        Right")
        such
        that the registration statement would contain any untrue statement of a material
        fact or omit to state any material fact required to be stated therein or
        necessary to make the statements therein not misleading in light of the
        circumstances under which they were made. In the event the Company exercises
        the
        Suspension Right, such suspension will continue for such period of time
        reasonably necessary for disclosure to occur at a time that is not materially
        detrimental to the Company or until such time as the registration statement
        does
        not include any untrue statement of a material fact or omit to state any
        material fact required to be stated therein or necessary to make the statements
        therein not misleading in light of the circumstances under which they were
        made,
        each as determined in good faith by the Company. The Company will promptly
        give
        the Holders notice, in a writing signed by an executive officer of the Company,
        of any exercise of the Suspension Right. The Company agrees to notify the
        Holders promptly upon termination of the Suspension Right. Notwithstanding
        the
        foregoing, under no circumstances shall Holder be entitled to exercise the
        Suspension Right for more than sixty calendar days in any twelve-month
        period.

       

      5.  Furnish
        Information.
        It
        shall be a condition precedent to the obligations of the Company to take
        any
        action pursuant to this Agreement that the Holders shall furnish to the Company
        such information regarding themselves, the Registrable Stock held by them,
        and
        the intended method of disposition of such securities as the Company shall
        reasonably request and as shall be required in connection with the action
        to be
        taken by the Company.

       

      6.  Expenses
        of Registration.
        So long
        as the Company has received at least $400,000 in principal under the Notes,
        all
        expenses incurred in connection with the registration pursuant to this
        Agreement, including without limitation all registration, filing and
        qualification fees, word processing, duplicating, printers' and accounting
        fees
        (including the expenses of any special audits or comfort letters required
        by or
        incident to such performance and compliance), fees of the National Association
        of Securities Dealers, Inc. or listing fees, messenger and delivery expenses,
        all fees and expenses of complying with state securities or blue sky laws,
        reasonable fees and disbursements of counsel for the Company (collectively,
        the
        "Expenses"),
        shall
        be paid by the Company. If the Company has not received at least $400,000
        in
        principal under the Notes and Purchaser has requested registration pursuant
        to
        this Agreement, all Expenses shall be paid by Purchaser. In the event Expenses
        are to be paid by Purchaser, such Expenses shall be prepaid by Purchaser
        to the
        Company upon receipt of a reasonable estimate from the Company (the
        "Expenses
        Estimate").
        To
        extent the Expenses Estimate exceeds actual Expenses, Purchaser shall be
        reimbursed within 30 days of the effective registration of the Registrable
        Stock. To extent the Expenses Estimate is insufficient to cover total actual
        Expenses, Purchaser shall reimburse the Company for such excess within 30
        days
        of receipt of an invoice for such excess Expenses. The parties agree that
        all
        underwriting discounts and commissions shall be the responsibility of the
        Holders.

       

      
        
          
          

        

        
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      7.  Indemnification.

       

      (a)  To
        the
        extent permitted by applicable law, the Company shall indemnify and hold
        harmless each Holder, such Holder's directors and officers, any underwriter
        (as
        defined in the Securities Act), and each person, if any, who controls such
        Holder or underwriter within the meaning of the Securities Act, against any
        losses, claims, damages or liabilities, joint or several, to which they may
        become subject under the Securities Act or any other applicable state or
        federal
        law, insofar as such losses, claims, damages or liabilities (or proceedings
        in
        respect thereof) arise out of or are based on any untrue or alleged untrue
        statement of any material fact contained in such registration statement on
        the
        effective date thereof (including any prospectus filed under Rule 424
        under
        the Securities Act or any amendments or supplements thereto) or arise out
        of or
        are based upon the omission or alleged omission to state therein a material
        fact
        required to be stated therein or necessary to make the statements therein
        not
        misleading, and shall reimburse each such Holder, such Holder's directors
        and
        officers, such underwriter or controlling person for any legal or other expenses
        reasonably incurred by them (but not in excess of expenses incurred in respect
        of one counsel and one local counsel for all of them unless, in the reasonable
        judgment of an indemnified party there is potential conflict of interest
        between
        any indemnified parties, which indemnified parties may be represented by
        separate counsel and local counsel) in connection with investigating or
        defending any such loss, claim, damage, liability or action; provided, however,
        that the indemnity agreement contained in this Section 7(a) shall
        not apply
        to amounts paid in settlement of any such loss, claim, damage, liability
        or
        action if such settlement is effected without the consent of the Company
        (which
        consent shall not be unreasonably withheld); provided, further, that the
        Company
        shall not be liable to any Holder, such Holder's directors and officers,
        underwriter or controlling person in any such case for any such loss, claim,
        damage, liability or action to the extent that it arises out of or is based
        upon
        an untrue statement or alleged untrue statement or omission or alleged omission
        made in connection with such registration statement, preliminary prospectus,
        final prospectus or amendments or supplements thereto, in reliance upon and
        in
        conformity with written information furnished expressly for use in connection
        with such registration by any such Holder, such Holder's directors and officers,
        underwriter or controlling person. Such indemnity shall remain in full force
        and
        effect regardless of any investigation made by or on behalf of any such Holder,
        such Holder's directors and officers, underwriter or controlling person,
        and
        shall survive the transfer of such securities by such Holder.

       

      
        
          
          

        

        
          -5-

          
            

          

        

        
          
          

        

      

       

      (b)  To
        the
        extent permitted by applicable law, each Holder shall indemnify and hold
        harmless the Company, each of its directors and officers, each person, if
        any,
        who controls the Company within the meaning of the Securities Act, and any
        underwriter (within the meaning of the Securities Act) for the Company against
        any losses, claims, damages or liabilities, joint or several, to which the
        Company or any such director, officer, controlling person or underwriter
        may
        become subject, under the Securities Act or any other applicable state or
        federal law, insofar as such losses, claims, damages or liabilities (or
        proceedings in respect thereof) arise out of or are based upon any untrue
        statement or alleged untrue statement of any material fact contained in such
        registration statement on the effective date thereof (including any prospectus
        filed under Rule 424 under the Securities Act or any amendments or
        supplements thereto) or arise out of or are based upon the omission or alleged
        omission to state therein a material fact required to be stated therein or
        necessary to make the statements therein not misleading, in each case to
        the
        extent, but only to the extent, that such untrue statement or alleged untrue
        statement or omission or alleged omission was made in such registration
        statement in reliance upon and in conformity with written information furnished
        expressly by or on behalf of such Holder for use in connection with such
        registration; and each such Holder shall reimburse any legal or other expenses
        reasonably incurred by the Company or any such director, officer, controlling
        person, agent or underwriter (but not in excess of expenses incurred in respect
        of one counsel and one local counsel for all of them unless, in the reasonable
        judgment to of an indemnified party, there is a conflict of interest between
        any
        indemnified parties, which indemnified parties may be represented by separate
        counsel and local counsel) in connection with investigating or defending
        any
        such loss, claim, damage, liability or action; provided, however, that the
        indemnity agreement contained in this Section 7(b) shall not apply
        to
        amounts paid in settlement of any such loss, claim, damage, liability or
        action
        if such settlement is effected without the consent of such Holder (which
        consent
        shall not be unreasonably withheld), and provided, further, that the liability
        of each Holder hereunder shall be limited to the proportion of any such loss,
        claim, damage, liability or expense which is equal to the proportion that
        the
        net proceeds from the sale of the shares sold by such Holder under any such
        registration statement bears to the total net proceeds from the sale of all
        securities sold thereunder, but not in any event to exceed the net proceeds
        received by such Holder from the sale of Registrable Stock covered by such
        registration statement.

       

      (c)  Promptly
        after receipt by an indemnified party under this Section of notice of the
        commencement of any action, such indemnified party shall, if a claim in respect
        thereof is to be made against any indemnifying party under this Section,
        notify
        the indemnifying party in writing of the commencement thereof and the
        indemnifying party shall have the right to participate in and assume the
        defense
        thereof with counsel selected by the indemnifying party and reasonably
        satisfactory to the indemnified party; provided, however, that the exercise
        of
        the foregoing right shall be conditioned upon the written acknowledgment
        of the
        indemnifying party to the indemnified party of the indemnifying party's
        obligation hereunder to indemnify the indemnified party for any losses arising
        from such action; and provided further, that in such event, the indemnified
        party shall have the right to retain its own counsel and local counsel, with
        all
        fees and expenses thereof to be paid by such indemnified party, and to be
        apprised of all progress in any proceeding the defense of which has been
        assumed
        by the indemnifying party. The failure to notify an indemnifying party promptly
        of the commencement of any such action, shall only release the indemnifying
        party from any of its obligations under this Section 7(c) if, and
        only to
        the extent that, such indemnifying party is materially prejudiced by such
        failure, but the omission to so notify the indemnifying party will not relieve
        it of any liability that it may have to any indemnified party otherwise than
        under this Section.

       

      
        
          
          

        

        
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      (d)  To
        the
        extent any indemnification by an indemnifying party is prohibited or limited
        by
        law, the indemnifying party, in lieu of indemnifying such indemnified party,
        shall contribute to the amount paid or payable by such indemnified party
        as a
        result of such losses, claims, damages or liabilities in such proportion
        as is
        appropriate to reflect the relative fault of the indemnifying party and
        indemnified party in connection with the actions which resulted in such losses,
        claims, damages or liabilities, as well as any other relevant equitable
        considerations. The relative fault of such indemnifying party and indemnified
        party shall be determined by reference to, among other things, whether any
        action in question, including any untrue or alleged untrue statement of material
        fact or omission or alleged omission to state a material fact, has been made
        by,
        or relates to information supplied by, such indemnifying party or indemnified
        party, and the parties' relative intent, knowledge, access to information
        and
        opportunity to correct or prevent such action. The amount paid or payable
        by a
        party as a result of the losses, claims, damages or liabilities referred
        to
        above shall be deemed to include any legal or other fees or expenses reasonably
        incurred by such party in connection with any investigation or
        proceeding.

       

      The
        parties hereto agree that it would not be just and equitable if contribution
        pursuant to this Section 7(d) were determined by pro rata allocation
        or by
        any other method of allocation which does not take account of the equitable
        considerations referred to in the immediately preceding paragraph. No person
        guilty of fraudulent misrepresentation (within the meaning of Section 11(f)
        of the Securities Act) shall be entitled to contribution from any person
        who was
        not guilty of such fraudulent misrepresentation.

       

      8.  Transfer
        of Registration Rights.
        Subject
        to any transfer restrictions set forth in the Note Purchase Agreement or
        the
        Notes the rights of any Holder under this Agreement with respect to any
        Registrable Stock may be transferred to any transferee of such Registrable
        Stock; provided, however, that (i) the transferring Holder shall give
        the
        Company written notice at or prior to the time of such transfer stating the
        name
        and address of the transferee and identifying the securities with respect
        to
        which the rights under this Agreement are being transferred; (ii) such
        transferee shall agree in writing, in form and substance reasonably satisfactory
        to the Company, to be bound as a Holder by the provisions of this Agreement;
        and
        (iii) immediately following such transfer the further disposition
        of such
        securities by such transferee is restricted under the Securities Act. Except
        as
        set forth in this Section 8, no transfer of Registrable Stock shall
        cause
        such Registrable Stock to lose such status.

       

      9.  Successors
        and Assigns.
        Except
        as otherwise expressly provided herein, the terms and conditions of this
        Agreement shall inure to the benefit of and be binding upon the respective
        successors and assigns of the parties hereto. Except as expressly provided
        in
        this Agreement, nothing in this Agreement, express or implied, is intended
        to
        confer upon any person other than the parties hereto or their respective
        successors and assigns any rights, remedies, obligations, or liabilities
        under
        or by reason of this Agreement.

       

      
        
          
          

        

        
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      10.  Counterparts;
        Titles.
        This
        Agreement may be executed and delivered (including by facsimile transmission)
        in
        one or more counterparts, and by the different parties hereto in separate
        counterparts, each of which shall be deemed to be an original, but all of
        which
        taken together shall constitute one and the same agreement. The titles of
        the
        Sections of this Agreement are used for convenience only and are not to be
        considered in construing or interpreting this Agreement.

       

      11.  Notices.
        Any
        notice required or permitted hereunder shall be given in writing and shall
        be
        conclusively deemed effectively given upon personal delivery or delivery
        by
        courier, or on the first business day after transmission if sent by confirmed
        facsimile transmission or electronic mail transmission, or five days after
        deposit in the United States mail, by registered or certified mail, postage
        prepaid, addressed (i) if to the Company, as set forth below the Company's
        name
        on the signature page of this Agreement, and (ii) if to an Investor, at such
        Investor's address as set forth on the Signature page of this Agreement,
        or at
        such other address as the Company or such Investor may designate by 10 days'
        advance written notice to the other parties hereto.

       

      12.  Amendments
        and Waivers.
        Any
        provision of this Agreement may be amended and the observance of any provision
        of this Agreement may be waived (either generally or in a particular instance
        and either retroactively or prospectively), only with the written consent
        of the
        Company and the Holders of at least 50% of the Registrable Stock then
        outstanding. Any amendment or waiver effected in accordance with this
        Section 12 shall be binding upon each Holder of any securities subject
        to
        this Agreement at the time outstanding (including securities into which such
        securities are convertible), each future Holder and all such securities,
        and the
        Company. No failure or delay by any party in exercising any right, power
        or
        privilege hereunder shall operate as a waiver thereof nor shall any single
        or
        partial exercise thereof preclude any other or further exercise thereof or
        the
        exercise of any other right, power or privilege.

       

      13.  Severability;
        Entire Agreement.
        If one
        or more provisions of this Agreement are held to be unenforceable under
        applicable law, such provisions shall be excluded from this Agreement and
        the
        balance of this Agreement shall be interpreted as if such provisions were
        so
        excluded and shall be enforceable in accordance with its terms. All prior
        agreements of the parties concerning the subject matter of this Agreement
        are
        expressly superseded by this Agreement. This Agreement contains the entire
        Agreement of the parties concerning the subject matter hereof. Any oral
        representations or modifications of this Agreement shall be of no
        effect.

       

      14.  Governing
        Law.
        This
        Agreement shall be governed by and construed in accordance with the laws
        of the
        State of Texas without regard to conflicts of law principles.

       

      
        
          
          

        

        
          -8-

          
            

          

        

        
          
          

        

      

       

      15.  Forum;
        Waiver of Jury Trial.

       

      (a)  All
        actions and proceedings arising out of or relating to this Agreement shall
        be
        heard and determined in the Texas Superior Court or the United States Superior
        Court located in the City of Houston, Texas. The parties hereto hereby
        (i) submit to the exclusive jurisdiction of the Texas Superior Court
        or the
        United States Superior Court located in the City of Houston, Texas for the
        purpose of any action or proceeding arising out of or relating to this Agreement
        brought by any party hereto, and (ii) waive, and agree not to assert
        by way
        of motion, defense, or otherwise, in any such action, any claim that it is
        not
        subject personally to the jurisdiction of the above-named courts, that its
        property is exempt or immune from attachment or execution, that the action
        or
        proceeding is brought in an inconvenient forum, that the venue of the action
        or
        proceeding is improper, or that this Agreement may not be enforced in or
        by any
        of the above-named courts.

       

      (b)  EACH
        OF
        THE PARTIES HERETO HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
        LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY ACTIONS
        OR
        PROCEEDINGS DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION
        WITH
        THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

       

      [Remainder
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          IN
        WITNESS
        WHEREOF, the parties hereto have executed this Agreement as of the date first
        above written.

       

      
        	 	
                POSITRON
                  CORPORATION,

                a
                  Texas corporation

                 

              	 	 	
                IMAGIN
                  DIAGNOSTIC CENTRES, INC.

              
	
                 By:

              	/s/
                Gary H. Brooks	 	
                 By:

              	/s/
                Cynthia R. Jordan
	 	Gary
                H. Brooks, President

                Address: 
                  1304
                  Langham Creek Drive, #300, 

                                 
                  Houston, Texas 77084

              	 	 	
                Name:
                  Cynthia R. Jordan

                Title:
                  President

                Address: 
                  1835
                  Yonge St., Suite 500

                                 
                  Toronto, Ontario, Canada M4S 

              

      

       

       

      
        
          
          

        

        
          -10-

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