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                                                                   EXHIBIT 10.39

               FINANCIAL ADVISORY AND INVESTMENT BANKING AGREEMENT

      THIS FINANCIAL ADVISORY AND INVESTMENT BANKING AGREEMENT is made as of the
31st day of December, 2004 by and between North Coast Securities Corporation, a
California corporation (the "Agent"), and U.S. Helicopter Corporation, a
Delaware corporation (the "Company").

                                    RECITALS:

      WHEREAS, the Company wishes to engage the Agent to render financial
Advisory and investment banking services to the Company and the Agent wishes to
render such services, all as provided below.

      NOW, THEREFORE, in consideration of the premises and the mutual agreements
contained in this Agreement, and of other consideration (the receipt and
sufficiency of which are acknowledged by each Party), the Parties agree as
follows:

                                    ARTICLE 1

               FINANCIAL ADVISORY AND INVESTMENT BANKING SERVICES

1.1 FINANCIAL ADVISORY AND INVESTMENT BANKING SERVICES

      (a) For the 12 month period following the date of this Agreement, the
Agent shall provide the Company with such regular and customary financial advice
as is reasonably requested by the Company, provided that the Agent shall not be
required to undertake duties not reasonably within the scope of the financial
advisory or investment banking services contemplated by this Agreement. It is
understood and acknowledged by the Parties that the value of the Agent's advice
is not readily quantifiable, and that the Agent shall be obligated to render
advice upon the request of the Company, in good faith, but shall not be
obligated to spend any specific amount of time in so doing. The Agent's duties
may include, but will not necessarily be limited to, providing recommendations
concerning the following financial and related matters:

      1.    Disseminating information about the Company to the investment
            community at large;

      2.    Rendering advice and assistance in connection with the preparation
            of reports or other communications to shareholders or creditors;

      3.    Assisting in the Company's financial public relations;

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      4.    Arranging, on behalf of the Company, at appropriate times, meetings
            with securities analysts or other representatives of major regional
            and national investment banking firms;

      5.    Rendering advice with regard to internal operations, including:

                  i.    the formation of corporate goals and their
                        implementation;

                  ii.   the Company's corporate structure and its divisions or
                        subsidiaries;

                  iii.  corporate organization and personnel; and

                  iv.   securing, when and if necessary and possible, additional
                        financing through banks and/or insurance companies; and

      6.    Rendering advice with regard to any of the following corporate
            finance matters:

                  i.    changes in the capitalization of the Company;

                  ii.   changes in the Company's financial structure;

                  iii.  redistribution of shareholdings of the Company's stock;

                  iv.   offerings of securities in public transactions;

                  v.    sales of securities in private transactions;

                  vi.   alternative uses of corporate assets;

                  vii.  structure and use of debt; and

                  viii. sales of stock by insiders pursuant to Rule 144 or
                        otherwise.

      (b) In addition to the foregoing, the Agent agrees to furnish advice to
the Company as reasonably requested by the Company in connection with (i) the
acquisition and/or merger of or with other companies, divestiture of assets or
any other similar transaction, or the sale of the Company itself (or any
significant percentage of the Company or its assets, subsidiaries or affiliates
thereof), and (ii) bank financings or any other financing from financial
institutions or venture capitalists (including but not limited to lines of
credit, performance bonds, letters of credit, loans or other financings).

      (c) The Agent shall render such other financial advisory and investment
and/or investment banking services as may from time to time be agreed upon by
the Agent and the Company.

1.2 INFORMATION

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      In connection with Agent's activities on the Company's behalf, the Company
will cooperate with Agent and will furnish Agent with all information and data
concerning the Company which Agent reasonably believes appropriate to the
performance of services contemplated by this Agreement (all such information so
furnished being the "Information") and will provide Agent with reasonable access
to the Company's officers, directors, employees, independent accountants and
legal counsel. The Company recognizes and confirms that Agent (i) will use and
rely primarily on the Information and on information available from generally
recognized public sources in performing the services contemplated by the
Agreement, without having independently verified same, (ii) does not assume
responsibility for the accuracy or completeness of the Information and such
other information and (iii) will not make an independent appraisal of any of the
Company's assets. The Information to be furnished by the Company, when
delivered, will be, to the best of the Company's knowledge, true and correct in
all material respects and will not contain any material misstatements of fact or
omit to state any material fact necessary to make the statements contained
therein not misleading. The Company will promptly notify Agent if it learns of
any material inaccuracy or misstatement in, or material omission from any
information thereto delivered to Agent. Agent agrees to keep the Information
confidential and only to release the Information with the consent of the
Company. Upon termination of this Agreement for whatever reason, Agent will
return the Information (without keeping any copies thereof) forthwith on demand
by the Company. Agent on its part represents, warrants, and agrees that it has
and at all times while it is performing services under this Agreement it will
comply with all laws, rules, and regulations applicable to it in connection with
the services it performs under this Agreement.

1.3 COMPENSATION

      In consideration for the services to be rendered by the Agent to the
Company pursuant to this Agreement, the Company shall compensate the Agent by
payment of a warrant to purchase 250,000 shares of the Company's common stock,
par value $0.001 per share, with an exercise price equal to $0.75 per share, a
term of five years and all other terms substantially the same as those of the
Warrants to be issued to investors in the private placement conducted by the
Company in November to December, 2004.

                                    ARTICLE 2

                                     GENERAL

2.1 INDEMNIFICATION

      The Company agrees to indemnify and hold harmless Agent, to the fullest
extent permitted by law, from and against any and all losses, claims, damages,
liabilities, obligations, penalties, judgments, awards, costs, expenses and
disbursements (and any and all actions, suits, proceedings and investigations in
respect thereof and any and all legal and other costs, expenses and
disbursements in giving testimony or furnishing documents in response to a
subpoena or otherwise, including, without limitation, the costs, expenses and
disbursements, as and when incurred, of investigating, preparing or defending
any such action, suit, proceeding or investigation (whether or not in connection
with

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litigation in which Agent is a party)), directly or indirectly, caused by,
relating to, based upon, arising out of or in connection with Agent's acting for
the Company, including, without limitation, any act or omission by Agent in
connection with its acceptance of or the performance or nonperformance of its
obligations under the Agreement, or otherwise arising from this Agreement;
provided, however, that such indemnity agreement shall not apply to any portion
of any such loss, claim, damage, liability, obligation, penalty, judgment,
award, cost, expense or disbursement to the extent it is found in a final
judgment by a court of competent jurisdiction (not subject to further appeal) to
have resulted primarily from the negligence, gross negligence or willful
misconduct of Agent, in which case Agent shall indemnify the Company to the same
extent as set forth herein with respect to the Company's indemnification
obligations to Agent.

      These Indemnification provisions shall be in addition to any liability
which a party may otherwise have to the other party or the persons indemnified
below in this sentence and shall extend to the following: the parties and their
respective affiliated entities, directors, officers, employees, legal counsel,
agents and controlling persons (within the meaning of the federal securities
law). All references to a party in these Indemnification provisions shall be
understood to include any and all of the foregoing.

      If any action, suit, proceeding or investigation is commenced, as to which
a party proposes to demand indemnification, it shall notify the other party with
reasonable promptness; provided, however, that the indemnifying party shall be
relieved from its obligations hereunder to the extent a failure by the
indemnified party to notify the indemnifying party with reasonable promptness
results in a significant increase in the indemnifying party's obligations
hereunder. The indemnified party shall have the right to retain counsel of its
own choice to represent it, which counsel shall be reasonably acceptable to the
indemnifying party, and the indemnifying party shall pay the reasonable fees,
expenses and disbursements of such counsel; and such counsel shall, to the
extent consistent with its professional responsibilities, cooperate with the
indemnifying party and any counsel designated by the indemnifying party. The
indemnifying party shall be liable for any settlement of any claim against the
indemnified party made with the indemnifying party's written consent, which
consent shall not be unreasonably withheld. The indemnifying party shall not,
without prior written consent of the indemnified party, settle or compromise any
claim, or permit a default or consent to the entry of any judgment in respect
thereof, unless such settlement, compromise or consent includes, as a condition
or term thereof, the giving by the claimant to the indemnified party of an
unconditional and irrevocable release from all liability in respect of such
claim.

      In order to provide for just and equitable contribution, if a claim for
indemnification pursuant to these Indemnification provisions is made but it is
found in a final judgment by a court of competent jurisdiction (not subject to
further appeal) that such indemnification may not be enforced in such case, even
though the express provisions hereof provide for indemnification in such case,
then the Company, on the one had, and Agent, on the other hand, shall contribute
to the losses, claims, damages, obligations, penalties, judgments, award,
liabilities, costs, expenses and disbursements to which the indemnified persons
may be subject in accordance with the relative benefits received by the Company,
on the one hand, and Agent, on the other hand, in connection with the
statements, acts or omissions which resulted in such losses, claims, damages,
obligations, penalties, judgments, awards, liabilities, costs, expenses or
disbursements and the relevant equitable considerations shall also be
considered. No person found liable for a fraudulent misrepresentation shall be
entitled to contribution from any person who is not also found liable for such
fraudulent misrepresentation. Notwithstanding

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the foregoing, Agent shall not be obligated to contribute any amount hereunder
that exceeds the amount of fees previously received by Agent pursuant to the
Agreement nor shall the Company be obligated to contribute any amount hereunder
that exceeds the amount of the net proceeds received by Company from
transactions consummated with the advise or other services of the Agent as
contemplated by this Agreement.

      Neither termination nor completion of the engagement of Agent referred to
the above shall affect these Indemnification provisions which shall continue to
remain operative and in full force and effect.

2.2 INTERPRETATION AND ENFORCEMENT

      (a) The benefits of this Agreement shall inure to the parties hereto,
their respective successors and assigns and to the indemnified parties hereunder
and their respective successors and assigns and representatives, and the
obligations and liabilities assumed in this Agreement by the parties hereto
shall be binding upon their respective successors and assigns.

      (b) Each of the Company and Agent (and, to the extent permitted by law, on
behalf of their respective equity holders and creditors) hereby knowingly,
voluntarily and irrevocably waives any right it may have to a trial by jury in
respect of any claim based upon, arising out of or in connection with this
Agreement and the transactions contemplated hereby. Each of the Company and
Agent hereby certify that no representative or agent of the other party has
represented expressly or otherwise that such party would not seek to enforce the
provisions of this waiver. Further each of the Company and Agent acknowledges
that each party has been induced to enter this Agreement by, inter alia, the
provisions of this Section.

      (c) If it is found in a final judgment by a court of competent
jurisdiction (not subject to further appeal) that any term or provision hereof
is invalid or unenforceable, (i) the remaining terms and provisions hereof shall
be unimpaired and shall remain in full force and effect and (ii) the invalid or
unenforceable provision or term shall be replaced by a term or provision that is
valid and enforceable and that comes closest to expressing the intention of such
invalid or unenforceable term or provision.

      (d) This Agreement embodies the entire agreement and understanding of the
parties hereto and supersedes any and all prior agreements, arrangements and
understanding relating to the matters provided for herein. No alteration,
waiver, amendment, change or supplement hereto shall be binding or effective
unless the same is set forth in writing signed by a duly authorized
representative of each party.

      (e) This Agreement does not create, and shall not be construed as
creating, rights enforceable by any person or entity not a party hereto, except
those entitled thereto by virtue of the indemnification provisions hereof. The
Company acknowledges and agrees that with respect to the services to be rendered
by Agent, Agent is not and shall not be construed as a fiduciary of the Company
and shall have no duties or liabilities to the equity holders or creditors of
the Company or any other person by virtue of this Agreement and the retention of
Agent hereunder, all of which are hereby expressly waived. The Company also
agrees that Agent shall not have any liability (including without limitation,
liability for losses, claims, damages, obligations,

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penalties, judgments, awards, liabilities, costs, expenses or disbursements
resulting from any negligent act or omission of Agent, whether direct or
indirect, in contract, tort or otherwise) to the Company or to any person
(including, without limitation, equity holders and creditors of the Company)
claiming through the Company for or in connection with the engagement of Agent,
this Agreement and the transactions contemplated hereby, except for liabilities
which arise as a result of the negligence, gross negligence or willful
misconduct of Agent. The Company acknowledges that Agent was induced to enter
into this Agreement by, inter alia, the provisions of this Section.

2.3 REPRESENTATIONS

      (a) The Company has all requisite corporate power and authority to enter
into this Agreement and the transactions contemplated hereby. This Agreement has
been duly and validly authorized by all necessary corporate action on the part
of the Company and has been duly executed and delivered by the Company and
constitutes a legal, valid and binding agreement of the Company, enforceable in
accordance with its terms (except as enforceability may be limited by applicable
bankruptcy, insolvency or similar laws).

      (b) Agent has all requisite corporate power and authority to enter into
this Agreement, once executed by Agent's officers. This Agreement has been duly
and validly authorized by all necessary corporate action on the part of Agent
and has been duly executed and delivered by Agent and constitutes a legal, valid
and binding agreement of Agent, enforceable in accordance with its terms (except
as enforceability may be limited by applicable bankruptcy, insolvency or similar
laws).

2.4 APPLICABLE LAW

      The validity and interpretation of this Agreement shall be governed by,
and construed and enforced in accordance with, the laws of the State of
California applicable to agreements made and to be fully performed therein
(excluding such state's conflicts of laws rules).

2.5 COUNTERPARTS

      This Agreement may be executed in any number of counterparts. Each
executed counterpart shall be deemed to be an original. All executed
counterparts taken together shall constitute one Agreement.

                                     * * *

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      IN WITNESS OF their agreement, the Parties have duly executed this
Agreement as of the date first written above.

                                NORTH COAST SECURITIES CORPORATION

                                By: /s/  Frank Pasterczyk
                                    ------------------------------
                                    Name:  Frank Pasterczyk
                                    Title: President and Chief Executive Officer

                                U.S. HELICOPTER CORPORATION

                                By: /s/  John G. Murphy
                                    ------------------------------
                                    John G. Murphy
                                    President and Chief Executive Officer

                                       7Exhibit 10.1 to Vascular Solutions, Inc. Form 10-Q dated March 31, 2005

Exhibit 10.1  

SUBLEASE 

        AGREEMENT, made this 31st day
of March, 2005 between Insignia Systems, Inc., a Minnesota corporation having an office at 6464 Sycamore Court, Maple Grove, MN
55369 (hereinafter referred to as “Sublessor”) and Vascular Solutions, Inc., a Minnesota corporation, having an office
at 6464 Sycamore Court, Maple Grove, MN 55369 (hereinafter referred to as “Sublessee”). 

WITNESSETH: 

        WHEREAS, pursuant to Lease
dated October 31, 2002, between 321 Corporation, a Minnesota Limited Liability Company, and assigned to IRET-Plymouth, a Minnesota
Limited Liability Company (the “Landlord”), as landlord, and Insignia Systems, Inc., as tenant, a copy of which lease is
attached hereto as Exhibit A (hereinafter referred to as the “Lease”), covering a portion of the building known as
Northgate I, located at 6464 Sycamore Court, Maple Grove, MN 55369, (hereinafter referred to as the Leasehold); and 

        WHEREAS, Sublessee desires to
sublease from Sublessor and Sublessor desires to sublease unto Sublessee those portions of the Leasehold indicated on Exhibit B
containing approximately 10,227 square feet (hereinafter referred to as the Premises); and, 

        NOW, THEREFORE, in
consideration of the Premises and the mutual undertakings, covenants, promises, and agreements of the parties, IT IS AGREED AS
FOLLOWS: 

        1.    Providing
all of the terms and conditions contained within this Agreement are fulfilled, Sublessor shall sublease unto Sublessee and
Sublessee shall accept the sublease of the Premises, subject to the rents as set forth herein and the other terms, conditions and
provisions of this Sublease. The commencement dates for the Sublease, the portions of the Premises to be subleased, and the
alterations to be made by Sublessee, are as follows: 

	  	Commencing April 1, 2005, 1,183 square feet designated on the
attached Exhibit B as “Phase I”. Sublessee will, at its expense, make the following alterations and improvements:
construct an insulated wall on the east side of the Phase I space; construct one 8’ 6” x 12’ office as part of the
Phase I improvements, including painted walls, VCT flooring, drop ceiling and standard lighting and electrical/data; the existing
double doorway will be removed and the opening closed off with standard framing/drywall construction compatible with the
construction and materials already in place in the space; one 230 volt, 10 amp, 3 phase electrical circuit will be reallocated to
the Phase I space; all utilities to the Phase I space will be separately metered to be billed to Sublessee, which includes any
work necessary to separate HVAC; 

	  	Commencing on October 1, 2005, (or such earlier date as is
mutually agreed upon), an additional 9,044 square feet, comprised of 8,676 square feet designated on the attached Exhibit
“B” as “Phase II” and an undivided one-half interest in the electrical panel room of 

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368
square feet designated on the attached Exhibit B as “Shared Space.” Sublessee
will at its expense construct the following alterations and improvements: construct a
wall on the east side of Phase II to separate Phase II from the Sublessor’s space
with standard framing/drywall construction compatible with the construction and materials
already in place in the space, including relocation of any existing electrical to new
wall; all utilities to the Phase II space will be separately metered to be billed to
Sublessee; the necessary portion of ceiling tiles now in the Phase II space will be
removed and delivered to Sublessor’s new production area; the ceiling tiles now in
the Sublessor’s new production area will be removed and replace tiles taken from the
Phase II space; construct a wall on the west side of the Shared Space with standard
framing/drywall construction compatible with the construction and materials already in
place in the space allowing access to the Shared Space by both Sublessor and Sublessee,
but maintaining security to the Sublessor’s and Sublessee’s respective areas.  

        2.    In consideration for this Sublease, Sublessee shall pay Sublessor rent:  

	  	(a)  	  	for the Phase I space, in advance on the first day of each and
every month, Nine Hundred Eighty-Five and 83/100 Dollars ($985.83); commencing on April 1, 2005; 

	  	(b)  	  	for the Phase II space, in advance on the first day of each and
every month, Seven Thousand Two Hundred Thirty and 00/100 Dollars ($7,230.00) commencing on October 1, 2005 or such earlier date
as may be agreed between the parties; 

	  	(c)  	  	for the Shared Space, in advance on the first day of each and
every month, One Hundred Fifty-Three and 34/100 Dollars ($153.34), commencing on October 1, 2005, or such earlier date as may be
agreed upon by the parties; and 

	  	(d)  	  	As additional rent, Sublessee shall also pay Sublessor the amount
charged by the Landlord for, or otherwise attributable to, “Operating Expenses” (as such term is defined in Section 2.3
of the Lease) for the Phase I and Phase II space and for one-half of the Shared Space, in equal monthly payments during the term
of the subtenancy for each such space. 

Monthly rents for the Phase I and Phase II space are calculated using a rent
of $10.00 per square foot per year and for the Shared Space using a rent of $5.00 per square foot per year. 

        3.    This
Agreement and the performance of it is conditioned upon the completion of all of the following conditions: 

	  	(a)  	  	This Agreement is executed by the Sublessor and Sublessee; and

	  	(b)  	  	The Consent to Sublease, attached hereto as Exhibit C, is executed
by the Landlord, Sublessor and Sublessee. 

        4.    The
term of this Sublease shall automatically terminate on the earlier of (i) September

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30, 2008, or (ii) such date after September 30, 2008 as Sublessee may elect
(by written notice which, to be effective, must be received by Sublessor no later than August 1, 2008), but not to extend past
January 14, 2010. Sublessee shall have no first right of refusal to lease any contiguous space in the Leasehold. 

        5.    Sublessee
represents and warrants that it has read the Lease and agrees that: 

	  	(a)  	  	The terms, covenants, promises, and conditions of the Lease are
incorporated herein, with Sublessee having all of the rights and obligations of the Tenant under the Lease, and the Sublessor
having all the rights and obligations of the Landlord under the Lease; and 

	  	(b)  	  	Sublessee shall perform, with respect to the Premises, all of the
obligations of the “Tenant” provided for in the Lease, and shall otherwise comply with and be bound by all of the terms,
covenants, promises, and conditions of the Lease and the Consent to Sublease; 

	  	(c)  	  	Sublessee shall comply (without delay) with all reasonable
requirements for obtaining the Landlord’s consent to this Sublease. 

        6.    Sublessor
shall duly observe and perform those obligations imposed upon the Tenant under the Lease to the extent that such obligations are
not provided in this Sublease to be observed or performed by Sublessee, except with respect to any failure in such observance or
performance which results from any default by Sublessee. 

        7.    Sublessor
warrants and represents to Sublessee that on the Commencement Date: 

	  	(a)  	  	The Lease is valid and existing, there are no existing defaults on
the part of the Landlord or the Sublessor with respect thereto, and the Landlord does not hold any claim against the Sublessor;

	  	(b)  	  	There are and will be no contracts for service or otherwise on
account of maintenance or repairs which expressly or impliedly are or will be binding upon Sublessee or upon the Premises.

        8.    Sublessee
shall not make or allow to be made any alterations or physical additions in or to the Premises, except as specifically provided
herein, without first obtaining the written consent of Sublessor, which consent will not be unreasonably withheld. Any
alterations, physical additions or improvements to the Premises made by Sublessee shall be surrendered to Sublessor upon the
termination of the Sublease. This clause shall not apply to moveable equipment or furniture owned by Sublessee which may be
removed by Sublessee at the end of the term of this Sublease. Sublessee shall obtain and deliver to Sublessor lien waivers for all
such work, no later than sixty (60) days after each item of work is completed. 

        9.    Any
notices shall be in writing and shall be sent by registered or certified mail return 

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receipt requested, addressed to the parties at the addresses indicated on
page one hereof, or such other address as such party has been advised of in writing. 

        10.    This
Agreement contains the entire agreement and understanding between the parties hereto with respect to the Premises, and there are
no other terms, covenants, obligations, or representations, oral or written, of any kind whatsoever. 

        11.    This
Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto, their respective heirs, executors,
administrators, successors, and assigns, and may not be revoked or amended, except by instrument, in writing, subscribed by the
party sought to be charged therewith. 

        12.    This
Agreement shall be interpreted and governed by the laws of the State of Minnesota. 

        IN WITNESS WHEREOF, the
parties hereto have executed this Agreement as of the date, month, and year first above written. 

	SUBLESSOR 		SUBLESSEE 
	 
	INSIGNIA SYSTEMS, INC.	 	VASCULAR SOLUTIONS, INC.
	 
	By:	 	 	 	By:	 	 	 
	 	
		 	
	
	Its:	 	 	 	Its:	 	 	 
	 	
		 	
	

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