Document:

FIRST
      AMENDMENT TO THE

    EMPLOYMENT
      AGREEMENT

    BETWEEN

    FOSTER
      WHEELER LTD.

    AND

    RAYMOND
      J. MILCHOVICH

    

    THIS
      FIRST AMENDMENT to the Employment Agreement between Foster Wheeler Ltd. (“Foster
      Wheeler”) and Raymond J. Milchovich (the “Executive”) dated as of August 11,
      2006 (the “Employment Agreement”) is made and entered into as of January 30,
      2007.

     

    WITNESSETH

     

    WHEREAS,
      Foster Wheeler and the Executive heretofore entered into the Employment
      Agreement; 

     

    WHEREAS,
      the parties each desire to amend the Employment Agreement as set forth
      below.

     

    NOW
      THEREFORE, Foster Wheeler and the Executive hereby mutually agree to amend
      the
      Employment Agreement as follows:

     

    1.  Effective
      the date hereof, Section 1.1 is hereby revised to read as follows:

     

    Employment,
      Duties.
      The Company hereby employs the Executive for the Term (as defined in Section
      2.1), to render exclusive and full-time services to the Company, in the capacity
      of chief executive officer of the Company and to perform such other duties
      consistent with such position (including service as a director or officer of
      any
      affiliate of the Company if elected) as may be assigned by the Board of
      Directors of the Company (the “Board”); provided, however, that the Executive
      may, subject to approval by the Board, serve on the Board of Directors of not
      more than two for-profit businesses at any time during the Term that do not
      compete with the Company and may participate in civic, charitable and industry
      organizations to the extent that such participation does not materially
      interfere with the performance of his duties hereunder. The Executive’s title
      shall be Chief Executive Officer, or such other titles of at least equivalent
      level consistent with the Executive’s duties from time to time as may be
      assigned to the Executive by the Board, and the Executive shall have all
      authorities as are customarily and ordinarily exercised by executives in similar
      positions in similar businesses in the United States. The Executive shall report
      solely to the Board. The Company agrees to use its best efforts to cause the
      Executive to be elected to the Board, and to have the Executive serve as
      Chairman of the Board throughout his service on the Board during the
      Term.

     

    2.  Effective
      January 1, 2007, subsection 3.6(i) of the Employment is hereby revised to read
      as follows:

     

    (i)  During
      the Term, the Executive shall be provided by the Company with the following
      perquisites:

     

    (a)  supplemental
      term life insurance equal to Executive’s Base Salary;

     

    (b)  an
      annual
      physical examination;

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (c)  home
      office equipment and associated services for business use in Executive’s
      homes;

     

    (d)  should
      the personal security of the Executive become an issue, reasonable security
      measures shall be provided by the Company, as required and determined by the
      Executive and subject to approval by the Compensation Committee of the Board;
      

     

    (e)  annual
      reimbursement for the reasonable fees associated with financial planning and
      income tax advice and document preparation; and

     

    (f)  Company-furnished
      automobile or automobile allowance at a level no less favorable than any other
      executive at or below the Executive’s level.

     

    IN
      WITNESS WHEREOF, Foster Wheeler and the Executive have executed this First
      Amendment.

     

    
      	FOSTER WHEELER LTD.	 	 	RAYMOND J. MILCHOVICH
	
            	 	 	 
	 	 	 	 
	By:
/s/
              Diane C. Creel	 	 	/s/
              Raymond J.
              Milchovich
	
              
                

              

              Name:
                Diane C. Creel

            	 	 	
              

            
	
              
                Title:
                  Chair of the Compensation CommitteeSECURITIES
      REPURCHASE AGREEMENT

    

    THIS
      SECURITIES REPURCHASE AGREEMENT (“Agreement”),
      dated
      as of February 1, 2007 (“Effective
      Date”),
      is by
      and between Reclamation Consulting and Applications, Inc. ("Company"),
      and
      AJW Partners, LLC, AJW Qualified Partners, LLC, AJW Offshore, Ltd. and New
      Millennium Partners II, LLC (collectively, the “
      Sellers”).
      The
      Company and the Sellers are sometimes referred to herein individually as a
      “Party”
and
      collectively as the “Parties”.

    

    W
      I T N E S S E T H

    

    WHEREAS,
      on June 23, 2005, the Sellers purchased an aggregate of (i) $2,000,000 in
      secured convertible notes (the “Notes”)
      and
      (ii) warrants to purchase 8,000,000 shares of the Company’s common stock (the
“Warrants”),
      pursuant to agreements and other documentation listed in Exhibit
      A
      attached
      hereto, and including all amendments thereto (the “Initial
      Purchase Documents”).

    

    WHEREAS,
      the Sellers desire to sell to the Company and the Company desires to repurchase
      from the Sellers, the Note and Warrants (collectively, the “Securities”)
      upon
      the terms and conditions set forth herein.

    

    NOW
      THEREFORE, in consideration of the foregoing premises, and the promises and
      respective mutual agreements herein contained, and for other good and valuable
      consideration, the receipt and sufficiency of which are hereby acknowledged,
      the
      Parties, intending to be legally bound, hereby agree as follows:

     

    ARTICLE
      1

    SALE
      AND PURCHASE OF THE SECURITIES

    

    1.1 
Sale
      of the Securities.
      The
      Parties hereby agree that the Company shall repurchase the Securities as set
      forth herein, and the Sellers shall sell them to the Company, subject to and
      in
      accordance with the terms and conditions contained in this Agreement. Upon
      payment of the Note Purchase Prices (as defined herein) by the Company to the
      Sellers pursuant to Section 1.3 (the "Note Closing"),
      subject to the terms and conditions herein set forth, and on the basis of the
      representations, warranties and agreements herein contained, the Sellers shall
      sell to the Company, and the Company shall purchase from the Sellers, the Notes.
      Upon payment of the Warrant Purchase Prices by the Company to the Sellers
      pursuant to Section 1.3 (the "Warrant
      Closing"),
      subject to the terms and conditions herein set forth, and on the basis of the
      representations, warranties and agreements herein contained, the Sellers shall
      sell to the Company, and the Company shall purchase from the Sellers, the
      Warrants. 

    

    1.2 
Instruments
      of Conveyance and Transfer.
      As soon
      as practicable after the Note Closing, the Sellers shall deliver the Notes
      to
      the Company. As soon as practicable after the Warrant Closing, the Sellers
      shall
      deliver the Warrants to the Company.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    1.3 
Consideration
      and Payment for the Notes and Warrants.
      In
      consideration for the Notes, the Company shall (i) pay each Seller an amount
      equal to the outstanding balance of principal and, accrued interest as of the
      Note Closing on such Seller’s respective Note plus a prepayment penalty equal to
      thirty percent (30%) of such outstanding balance which the Parties agree shall,
      as of March 30, 2007, be in the amounts set forth in Exhibit
      B,
      attached hereto (the “Note
      Cash Prices”),
      and
      (ii) issue to the Sellers three million, two hundred fifty thousand (3,250,000)
      shares of the Company’s restricted common stock as set forth in Exhibit
      D,
      attached hereto (the “Company
      Shares”)
      (collectively, the Note Cash Prices and the Company Shares shall constitute
      the
“Note
      Purchase Prices”).
      In
      consideration for the Warrants, the Company shall pay to each Seller the
      respective amount set forth in Exhibit C attached hereto (the “Warrant
      Purchase Prices”).
      On or
      before March 30, 2007, the Company shall deliver Note Purchase Prices to the
      Sellers by payment of the Note Cash Prices and by delivering stock certificates
      to the Sellers evidencing their respective ownership of the Company Shares.
      On
      or before April 30, 2007, the Company shall deliver the Warrant Purchase Prices
      to Sellers. In the event the Company fails to deliver the Note Purchase Prices
      to the Sellers by March 30, 2007, this Agreement shall be deemed null and void,
      with no binding obligation on the part of either Party with respect to the
      sale
      of the Notes or the Warrants. In the event the Company fails to deliver the
      Warrant Purchase Prices to the Sellers by April 30, 2007, the provisions of
      this
      Agreement relating to the sale of the Warrants shall be deemed null and void,
      with no binding obligation on the part of either Party with respect to the
      sale
      of the Warrants. 

    

    1.4 
Initial
      Purchase Documents.
      As of
      the Effective Date, provided that the Company makes the payments detailed in
      Exhibit
      E
      attached
      hereto (the “Monthly
      Note Payments”)
      and
      does not otherwise breach any material terms of this Agreement, (i) the Sellers
      shall have no further rights under the Initial Purchase Documents, (ii) the
      Company shall have no further obligations under the Initial Purchase Documents,
      and (iii) Gordon Davies shall have no further obligations or responsibilities
      under the Guaranty and Pledge Agreement dated June 23, 2005 and any amendments
      thereto. In the event, the Company fails to make the Monthly Note Payments
      or
      breaches any material terms of this Agreement (including any failure to pay
      the
      Note Purchase Prices by March 30, 2007 as required hereby, or failure to pay
      the
      Warrant Purchase Prices by April 30, 2007), the Initial Purchase Documents
      shall
      continue in full force and effect. 

    

    1.5 
Release
      of Security Instruments.
      Within
      five (5) business days following the Note Closing, the Sellers shall execute
      and
      deliver to the Company any and all documents requested by the Company to
      evidence the release of security interests created by the Initial Purchase
      Documents in favor of the Sellers, or any of them, and to terminate all security
      instruments filed by them against any assets of the Company and Gordon Davies,
      individually, pursuant to the Initial Purchase Documents.

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    ARTICLE
      2

    REPRESENTATIONS
      AND COVENANTS OF SELLERS AND COMPANY

    

    2.1 
The
      Sellers hereby represent and warrant that:

    

    (a) 
Immediately
      upon Note Closing, and subject to the payment of the Note Purchase Prices to
      the
      Sellers, the Sellers shall deliver to the Company the Notes. Upon
      their transfer to the Company at the Note Closing, the Notes shall be free
      and
      clear of all liens, charges, security interests, pledges, encumbrances, charges,
      restrictions, liabilities, demands and claims, of any kind and nature
      whatsoever, whether direct or indirect or contingent (collectively,
“Liens”).
      Immediately upon Warrant Closing, and subject to the payment of the Warrant
      Purchase Prices to the Sellers, the Sellers shall deliver to the Company the
      certificates evidencing the Warrants. Upon
      their transfer to the Company at the Warrant Closing, the Warrants shall be
      free
      and clear of all Liens.

    

    (b) 
Each
      Seller has adequate means of providing for its current needs and contingencies,
      has no need for liquidity in the investment, and is able to bear the economic
      risk of an investment in the Company Shares offered by the Company of the size
      contemplated. Each Seller represents that it is able to bear the economic risk
      of receiving the Company Shares pursuant to this Agreement. Each Seller has
      had
      a full opportunity to inspect the books and records of the Company and to make
      any and all inquiries of the Company officers and directors regarding the
      Company and its business as such Seller has deemed appropriate.

    

    (c) 
Each
      Seller is an “Accredited
      Investor”
as
      defined in Regulation D of the Securities Act of 1933 (the “Act”).
      

    

    (d) 
Each
      Seller is acquiring the Company Shares solely for such Seller’s own account as a
      principal, for investment purposes only and not with a view to the resale or
      distribution thereof, in whole or in part, and no other person or entity has
      a
      direct or indirect beneficial interest in such Company Shares. 

    

    (e) 
The
      Sellers will not sell or otherwise transfer the Company Shares without
      registration under the Act or an exemption therefrom and fully understand and
      agrees that the Sellers must bear the economic risk of investing in the Company
      Shares for an indefinite period of time because, among other reasons, the
      Company Shares have not been registered under the Act or under the securities
      laws of any state and, therefore, cannot be resold, pledged, assigned or
      otherwise disposed of unless they are subsequently registered under the Act
      and
      under the applicable securities laws of such states or unless an exemption
      from
      such registration is available.

    

    (f) 
Each
      Seller has had an opportunity (i) to discuss the Company's business, management
      and financial affairs with management of the Company and (ii) to review the
      Company's operations and facilities.

    

    (g) 
From
      the
      date hereof through April 30, 2007, no Seller shall assign, transfer or
      otherwise convey to any other person, whether by contract or by operation of
      law, any of such Seller’s right, title or interest in and to this Agreement and
      any Initial Purchase Document.

    

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    2.2 
The
      Company represents and warrants to the Sellers as follows:

    

    (a) 
The
      Company is acquiring the Securities solely for the Company’s own account as
      principal, and not with a view to the resale or distribution thereof, in whole
      or in part, and no other person or entity has a direct or indirect beneficial
      interest in such Securities. 

    

    (b) 
At
      and as
      of the Note Closing, the purchase of the Notes shall have been duly authorized
      by the appropriate corporate action of the Company. At and as of the Warrant
      Closing, the purchase of the Warrants shall have been duly authorized by the
      appropriate corporate action of the Company.

    

    (c) 
At
      the
      Note Closing, the Company shall deliver to the Sellers certificates representing
      the Company Shares subject to no Liens and no restriction on transfer other
      than
      as set forth in the legend on the certificate, which legend shall provide
      substantially as follows:

    

    THE
      SHARES (OR OTHER SECURITIES) REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
      REGISTERED UNDER THE SECURITIES ACT OF 1933. THE SHARES MAY NOT BE SOLD OR
      TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN OPINION OF COUNSEL THAT
      AN
      EXEMPTION FROM REGISTRATION UNDER SUCH ACT IS AVAILABLE.

    

    (d) 
The
      Company represents that the Company Shares will initially be “restricted
      securities” (as such term is defined in Rule 144 promulgated under the
      Securities Act of 1933, as amended (“Rule
      144"),
      that
      the Company Shares will include the foregoing restrictive legend, and, except
      as
      otherwise set forth in this Agreement, that the Company Shares cannot be sold
      unless registered with the United States Securities and Exchange Commission
      (“SEC”)
      and
      qualified by appropriate state securities regulators, or unless Sellers comply
      with an exemption from such registration and qualification (including, without
      limitation, compliance with Rule 144).

    

    (e)
       
The
      Company is obligated to register the Company Shares in any qualifying
      registration statement filed by the Company with the Securities and Exchange
      Commission after the Note Closing (excluding any registration statements filed
      on Forms S-4 or S-8 or post-effective amendments to existing registration
      statements), so that holders of the Company Shares shall be entitled to sell
      the
      same simultaneously with and upon the terms and conditions as the securities
      sold for the account of the Company or other shareholders are being sold
      pursuant to any such registration statement, subject to such reasonable lockup
      provisions as may be proposed by the underwriter of said registration statement.
      

    

    (f) 
The
      Company makes no other representations or warranties with respect to the Company
      Shares or the Company.

    

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    ARTICLE
      3

    MISCELLANEOUS

    

    3.1 
Entire
      Agreement.
      This
      Agreement sets forth the entire agreement and understanding of the parties
      hereto with respect to the transactions contemplated hereby, and supersedes
      all
      prior agreements, arrangements and understandings related to the subject matter
      hereof. No agreement, understanding, promise, inducement, statement of
      intention, representation, warranty, covenant or condition, written or oral,
      express or implied, whether by statute or otherwise, has been made by any party
      hereto which is not embodied in this Agreement or the written statements,
      certificates, or other documents delivered pursuant hereto or in connection
      with
      the transactions contemplated hereby, and no party hereto shall be bound by
      or
      liable for any alleged understanding, promise, inducement, statement,
      representation, warranty, covenant or condition not so set forth.

    

    3.2 
Notices.
      Any
      notice, request, instruction, or other document required by the terms of this
      Agreement, or deemed by any of the parties hereto to be desirable, to be given
      to any other party hereto shall be in writing and shall be given by facsimile,
      personal delivery, overnight delivery, or mailed by registered or certified
      mail, postage prepaid, with return receipt requested, to the following
      addresses:

    

    
      	
              If
                to the Sellers:

            	
              AJW
                Partners, LLC,

            	 
	 	
              AJW
                Qualified Partners, LLC,

            	 
	 	
              AJW
                Offshore, Ltd.

            	 
	 	
              New
                Millennium Partners II, LLC

            	 
	 	
              1044
                Northern Boulevard, Suite 302

            	 
	 	
              Roslyn,
                New York 11576

            	 
	 	
              Fax:
                (516) 739-7115

            	 
	 	
              Attn:
                Corey S. Ribotsky, Manager

            	 
	 	 	 
	
              If
                to the Company:

            	
              Reclamation
                Consulting and Applications, Inc.

            	 
	 	
              940
                Calle Amanecer, Suite E

            	 
	 	
              San
                Clemente, CA 92673

            	 
	 	
              Fax:
                (949) 542-7444

            	 
	 	
              Attn:
                Gordon Davies, CEO

            	 

    

    

    The
      persons and addresses set forth above may be changed from time to time by a
      notice sent as aforesaid. If notice is given by facsimile, personal delivery,
      or
      overnight delivery in accordance with the provisions of this Section, said
      notice shall be conclusively deemed given at the time of such delivery. If
      notice is given by mail in accordance with the provisions of this Section,
      such
      notice shall be conclusively deemed given seven days after deposit thereof
      in
      the United States mail. 

    

    3.3 
Waiver
      and Amendment.
      Any
      term, provision, covenant, representation, warranty or condition of this
      Agreement may be waived, but only by a written instrument signed by the party
      entitled to the benefits thereof. The failure or delay of any party at any
      time
      or times to require performance of any provision hereof or to exercise its
      rights with respect to any provision hereof shall in no manner operate as a
      waiver of or affect such party's right at a later time to enforce the same.
      No
      waiver by any party of any condition, or of the breach of any term, provision,
      covenant, representation or warranty contained in this Agreement, in any one
      or
      more instances, shall be deemed to be or construed as a further or continuing
      waiver of any such condition or breach or waiver of any other condition or
      of
      the breach of any other term, provision, covenant, representation or warranty.
      No modification or amendment of this Agreement shall be valid and binding unless
      it be in writing and signed by all parties hereto.

    

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    3.4 
Choice
      of Law.
      This
      Agreement and the rights of the parties hereunder shall be governed by and
      construed in accordance with the laws of the State of New York including all
      matters of construction, validity, performance, and enforcement and without
      giving effect to the principles of conflict of laws.

    

    3.5 
Counterparts;
      Facsimiles.
      This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original, but all of which shall together constitute one and the
      same
      instrument. Any original signature of one party delivered by facsimile to any
      other party shall be deemed an original signature for all purposes.

    

    3.6 
Attorneys'
      Fees.
      Except
      as otherwise provided herein, if a dispute should arise between the parties
      including, but not limited to arbitration, the prevailing party shall be
      reimbursed by the non-prevailing party for all reasonable expenses incurred
      in
      resolving such dispute, including reasonable attorneys' fees exclusive of such
      amount of attorneys' fees as shall be a premium for result or for risk of loss
      under a contingency fee arrangement.

    

    3.7 
Taxes.
      Any
      income taxes required to be paid in connection with the payments due hereunder,
      shall be borne by the party required to make such payment. Any withholding
      taxes
      in the nature of a tax on income shall be deducted from payments due, and the
      party required to withhold such tax shall furnish to the party receiving such
      payment all documentation necessary to prove the proper amount to withhold
      of
      such taxes and to prove payment to the tax authority of such required
      withholding.

    

    

    SIGNATURES
      ON NEXT PAGE

     

     

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

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

    

    THE
      COMPANY:

    

    RECLAMATION
      CONSULTING AND APPLICATIONS, INC.

    

    

    By: /S/
      GORDON
      DAVIES                                                  
 

           Gordon
      Davies

          
      President

    

    

    THE
      SELLERS:

    

    

    AJW
      PARTNERS, LLC

    

    By:
      SMS
      Group, LLC

          
Manager

    

      

    By:  /S/
      COREY S.
      RIBOTSKY                        
    

           
      Corey S. Ribotsky

           
      Manager

    

    AJW
      OFFSHORE, LTD.

     

    By: First
      Street Manager II, LLC

    Manager

      

    

    By:  /S/
      COREY S.
      RIBOTSKY                            

           
      Corey S. Ribotsky

           
Manager

     

     

    AJW
      QUALIFIED PARTNERS, LLC

    

    By: AJW
      Manager, LLC

    Manager

    

      

    By: 
      /S/
      COREY S.
      RIBOTSKY                            

          
       Corey S. Ribotsky

           
Manager

    
      

      
        
          
          

        

        
          -7-

          
            

          

        

        
          
          

        

      

    

    
 

    NEW
      MILLENNIUM CAPITAL PARTNERS II, LLC

    

    By: 
      First
      Street Manager II, LLC

          
 Manager

      

    By: 
      /S/
      COREY S.
      RIBOTSKY                           

           
      Corey S. Ribotsky

           
      Manager

     

     

     

     

    
 

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

    

    EXHIBIT
      A

    

    INITIAL
      PURCHASE DOCUMENTS

    

    
      	
              1.
                

            	
              Securities
                Purchase Agreement, dated June 23, 2005, by and among Reclamation
                Consulting and Applications, Inc. and AJW Offshore, Ltd., AJW Qualified
                Partners, LLC, AJW Partners, LLC and New Millennium Capital Partners
                II,
                LLC.

            

    

    

    
      	
              2.
                

            	
              Callable
                Secured Convertible Note issued to AJW Offshore, Ltd., dated June
                23,
                2005.

            

    

    

    
      	
              3.
                

            	
              Callable
                Secured Convertible Note issued to AJW Qualified Partners, LLC, dated
                June
                23, 2005.

            

    

    

    
      	
              4.
                

            	
              Callable
                Secured Convertible Note issued to AJW Partners, LLC, dated June
                23,
                2005.

            

    

    

    
      	
              5.
                

            	
              Callable
                Secured Convertible Note issued to New Millennium Capital Partners
                II,
                LLC, dated June 23, 2005.

            

    

    

    
      	
              6.
                

            	
              Stock
                Purchase Warrant issued to AJW Offshore, Ltd., dated June 23,
                2005.

            

    

    

    
      	
              7.
                

            	
              Stock
                Purchase Warrant issued to AJW Qualified Partners, LLC, dated June
                23,
                2005.

            

      	 	 

      	8.	Stock Purchase Warrant issued to AJW Partners, LLC,
              dated
              June 23, 2005.

    

    

    
      	
              9.
                

            	
              Stock
                Purchase Warrant issued to New Millennium Capital Partners II, LLC,
                dated
                June 23, 2005.

            

    

    

    
      	
              10.
                

            	
              Registration
                Rights Agreement, dated as of June 23, 2005, by and among Reclamation
                Consulting and Applications, Inc., AJW Offshore, Ltd., AJW Qualified
                Partners, LLC, AJW Partners, LLC and New Millennium Capital Partners
                II,
                LLC.

            

    

    

    
      	
              11.
                

            	
              Security
                Agreement, dated as of June 23, 2005, by and among Reclamation Consulting
                and Applications, Inc., AJW Offshore, Ltd., AJW Qualified Partners,
                LLC,
                AJW Partners, LLC and New Millennium Capital Partners II,
                LLC.

            

    

    

    
      	
              12.
                

            	
              Intellectual
                Property Security Agreement, dated June 23, 2005, by and among Reclamation
                Consulting and Applications, Inc., AJW Offshore, Ltd., AJW Qualified
                Partners, LLC, AJW Partners, LLC and New Millennium Capital Partners
                II,
                LLC.

            

    

    

    
      	
              13.
                

            	
              Guaranty
                and Pledge Agreement, dated June 23, 2005, by and among Reclamation
                Consulting and Applications, Inc., Gordon Davies, AJW Offshore, Ltd.,
                AJW
                Qualified Partners, LLC, AJW Partners, LLC and New Millennium Capital
                Partners II, LLC.

            

    

     

     

    
 

    
      
        
        

      

      
        -9-

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      B

    

    NOTE
      CASH PRICES AS OF MARCH 30, 2007

    

    

    

    
      	
               

            	 	
              Outstanding
                Balance of 

              Accrued
                Interest and 

              Principal
                on Notes 

              calculated
                as of 

              March
                30, 2007

            	
               

              Prepayment
                Penalties 

              calculated
                as of 

              March
                30, 2007

            	
               

              Note
                Purchase 

              Prices
                as
                of 

              March
                30, 2007

            
	 	 	 	 	 
	
              AJW
                Partners LLC

            	 	
              $115,998

            	
              $34,799

            	
              $150,797

            
	 	 	 	 	 
	
              AJW
                Offshore, Ltd.

            	 	
              $403,576

            	
              $121,073

            	
              $524,649

            
	 	 	 	 	 
	
              AJW
                Qualified Partners, LLC

            	 	
              $272,273

            	
              $81,682

            	
              $353,955

            
	 	 	 	 	 
	
              New
                Millennium Capital Partners II, LLC

            	 	
              $13,694

            	
              $4,108

            	
              $17,802

            
	 	 	 	 	 
	
              Total

            	 	
              $805,541

            	
              $241,662

            	
              $1,047,203

            

    

     

     

    
 

    
      
        
        

      

      
        -10-

        
          

        

      

      
        
        

      

    

     

     

    EXHIBIT
      C

    

    WARRANT
      PRICES

    

     

    

     

    
      	
               

            	
              No.
                of Warrants

            	
               

            	
              Price

            
	 	 	 	 
	
              AJW
                Partners LLC

            	
              1,152,000

            	 	
              $37,201

            
	 	 	 	 
	
              AJW
                Offshore, Ltd.

            	
              4,008,000

            	 	
              $129,427

            
	 	 	 	 
	
              AJW
                Qualified Partners, LLC

            	
              2,704,001

            	 	
              $87,318

            
	 	 	 	 
	
              New
                Millennium Capital Partners II, LLC

            	
              135,999

            	 	
              $4,392

            
	 	 	 	 
	
              Total

            	
              8,000,000

            	 	
              $258,338

            

    

     

    

     

     

    
 

    
      
        
        

      

      
        -11-

        
          

        

      

      
        
        

      

    

     

     

    EXHIBIT
      D

    

    COMPANY
      SHARES

    

     

    The
      Company shall issue the Company Shares to the Sellers as follows:

     

     

    
      	
               

            	
              No.
                of Shares

            
	 	 
	
              AJW
                Partners LLC

            	
              324,000

            
	 	 
	
              AJW
                Offshore, Ltd.

            	
              1,127,250

            
	 	 
	
              AJW
                Qualified Partners, LLC

            	
              760,500

            
	 	 
	
              New
                Millennium Capital Partners II, LLC

            	
              38,250

            
	 	 
	
              Total

            	
              3,250,000

            

    

     

    

     

     

     

     

     

    
      
        
        

      

      
        -12-

        
          

        

      

      
        
        

      

    

    
 

    EXHIBIT
      E

    

    MONTHLY
      NOTE PAYMENTS

    

     

    Following
      the execution of this Agreement, the Company shall pay each Seller the
      respective amounts set forth in the table below, provided that the obligation
      to
      make such payments shall terminate on delivery of the Purchase Price to Sellers
      pursuant to Section 1.4 of the Agreement:

     

    

    
      	
              Due
                February 1, 2007

            	
               Principal

            	
               Interest

            	
               Penalty

            	
              Total
                per 

              Seller

            
	
              AJW
                Partners

            	
              $8,000
                

            	
              $1,121.08
                

            	
              $146.66
                

            	
              $9,267.74
                

            
	
              AJW
                Offshore

            	
              $27,833.33
                

            	
              $3,900.42
                

            	
              $510.27
                

            	
              $32,244.02
                

            
	
              AJW
                Qualified

            	
              $18,777.78
                

            	
              $2,631.42
                

            	
              $344.25
                

            	
              $21,753.45
                

            
	
              New
                Millennium

            	
              $944.44
                

            	
              $132.35
                

            	
              $17.31
                

            	
              $1,094.10
                

            
	
              Total

            	
              $55,555.55

            	
              $7,785.27
                

            	
              $1,018.49
                

            	
              $64,359.31

            

    

     

     

     

    
      	
              Due
                February 28, 2007

            	
               Principal

            	
               Interest

            	
               Penalty

            	
              Total
                per 

              Seller

            
	
              AJW
                Partners

            	
              $8,000

            	
              $951.22

            	
              $137.78

            	
              $9,089

            
	
              AJW
                Offshore

            	
              $27,833.33

            	
              $3,309.44

            	
              $479.34

            	
              $3,162.11

            
	
              AJW
                Qualified

            	
              $18,777.78

            	
              $2,232.72

            	
              $323.39

            	
              $21,333.89

            
	
              New
                Millennium

            	
              $944.44

            	
              $112.30

            	
              $16.27

            	
              $1,073.01

            
	
              Total

            	
              $55,555.55

            	
              $6,605.68

            	
              $956.78

            	
              $63,118.01

            

    

    

     

    

    
      
        
        

      

      
        -13-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]