Document:

Exhibit 10.5 

REGISTRATION
RIGHTS AGREEMENT

          REGISTRATION
RIGHTS AGREEMENT, dated as of August ___, 2007, between INCENTRA SOLUTIONS,
INC., a Nevada corporation (the “Company”), and Dave Condensa, Bert Condensa,
Kevin Hawkins, David Auerweck, Terri Marine and Paul Chopra (collectively
referred to herein as “Shareholders” and individually as “Shareholder”).

WITNESSETH:

          WHEREAS, pursuant to the terms of a Merger
Agreement and Plan of Merger dated as of August ___, 2007 (the “Merger
Agreement”) between the Company, Helio Solutions, Inc., Incentra Merger Corp.
and the Shareholders, the Company has agreed to issue to the Shareholders such
number of shares of Common Stock, $.001 par value, of the Company (the “Common
Stock”) as determined pursuant to the Merger Agreement; and

          WHEREAS, as a condition precedent to the
consummation of the transactions contemplated by the Merger Agreement, the
Company has agreed to provide certain registration rights pursuant to the terms
of this Agreement; 

          NOW, THEREFORE, in consideration of the
mutual covenants and obligations hereinafter set forth, the parties hereto,
intending to be legally bound, hereby agree as follows:

          1.
Definitions. For purposes of this Agreement, capitalized terms used herein
shall have the meanings set forth in the preambles hereto and in this Section
1.

                    1.1
“Commission” shall mean the Securities and Exchange Commission or any
other federal agency at the time administering the Securities Act.

                    1.2
“Common Stock” shall mean the common stock, par value $.001 per share,
of the Company or, in the case of a conversion, reclassification or exchange
of such shares of such Common Stock, shares of the stock issued or issuable in
respect of such shares of Common Stock, and all provisions of this Agreement
shall be applied appropriately thereto and to any stock resulting therefrom.

                    1.3
“Exchange Act” shall mean the Securities Exchange Act of 1934, as
amended, or any similar federal statute enacted hereafter, and the rules and
regulations of the Commission thereunder, all as the same shall be in effect
from time to time.

                    1.4
“Existing Rights Agreements” shall mean (i) the Registration Rights
Agreement dated as of October 10, 2000 between the Company and Equity Pier LLC
(ii) the warrant agreement between the Company and Equity Pier LLC dated March
28, 2001, (iii) the Form S-1 Registration Statement filed on or about May 4,
2007, (iv) the Registration Rights

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Agreement between the Company and former
ManagedStorage International, Inc. shareholders dated August 18, 2004, (v) the
Registration Rights Agreement dated as of March 30, 2005 between the Company
and Barry R. Andersen and Gary L. Henderson, (vi) the Amended and Restated
Registration Rights Agreement dated as of January 6, 2006, between the Company
and Laurus Master Fund Ltd., (vii) the Registration Rights Agreement dated as
of March 31, 2006 by and between the Company and Laurus Master Fund Ltd. (viii)
the Registration Rights Agreement dated as of April 13, 2006 between the
Company and Joseph J. Graziano, (ix) the Registration Rights Agreement dated as
of April 13, 2006 between the Company and Transitional Management Consultants,
Inc., (x) the Registration Rights Agreement dated June 26, 2006 between the
Company, RAB American Opportunities Fund Limited, RAB North American Dynamic
Fund and others, (xi) the Registration Rights Agreement dated August 24, 2006
between the Company, Craig Armstrong and Amherst Holdings, LLC, and (xii) the
Registration Rights Agreement dated as of July 31, 2007 between the Company and
Calliope Capital Corporation.

                    1.5
“Holder” shall mean any holder of Registrable Securities; provided,
however, that any Person who acquires any of the Registrable Securities in a
distribution pursuant to a registration statement filed by the Company under
the Securities Act or pursuant to a public sale under Rule 144 under the
Securities Act or any similar or successor rule shall not be considered a
Holder.

                    1.6
“Initiating Holders” shall mean Holders representing (on a fully
diluted basis) at least sixty-six and 2/3 percent (66 2/3%) of the total number
of Registrable Securities. 

                    1.7
“Person” shall mean any individual, firm, corporation, partnership,
trust, incorporated or unincorporated association, joint venture, joint stock
company, government (or an agency or political subdivision thereof) or other
entity of any kind.

                    1.8
“Register”, “registered” and “registration” shall refer to
a registration effected by preparing and filing a registration statement with
the Commission in compliance with the Securities Act and applicable rules and
regulations thereunder, and the declaration or ordering of the effectiveness of
such registration statement by the Commission.

                    1.9
“Registrable Securities” shall mean (A) the shares of Common Stock
issued to the Shareholder pursuant to the Merger Agreement and (B) any stock of
the Company issued as a dividend or other distribution with respect to, or in
exchange for or in replacement of, the shares of Common Stock referred to in
clause (A); provided, however, that such shares of Common Stock
shall only be treated as Registrable Securities hereunder if and so long as
they have not been sold in a registered public offering or have not been sold
to the public pursuant to Rule 144 under the Securities Act or any similar or
successor rule.

                    1.10
“Registration Expenses” shall mean all expenses incurred by the Company
in compliance herewith, including, without limitation, all registration and
filing fees, printing expenses, fees and disbursements of counsel for the
Company, blue sky fees and expenses, the reasonable fees and expenses (subject
to documentation thereof) of one counsel for all Holders and Other Stockholders
that offer securities being sold pursuant to the Existing Rights

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Agreements, and the expense of any special audits
incident to or required by any such registration (but excluding the
compensation of regular employees of the Company, which shall be paid in any
event by the Company).

                    1.11
“Securities Act” shall mean the Securities Act of 1933, as amended, or
any similar federal statute enacted hereafter, and the rules and regulations
of the Commission thereunder, all as the same shall be in effect from time to
time.

                    1.12
“Selling Expenses” shall mean all underwriting discounts and
commissions applicable to the sale of Registrable Securities.

          2.
Requested Registration.

                    2.1
Request for Registration. At any time after August ___, 2009 (such date
being hereinafter referred to as the “Demand Date”), if the Company shall receive
from Initiating Holders a written request that the Company effect any registration
with respect to Registrable Securities the Company will:

	
 

	
 

	
 

	
 

	
          (a)
 promptly give written notice of the proposed registration to all other
 Holders; and

	
 

	
 

	
 

	
 

	
          (b)
 as soon as practicable, use all reasonable efforts to effect such
 registration (including, without limitation, the execution of an undertaking
 to file post- effective amendments, appropriate qualification under the blue
 sky or other state securities laws requested by Initiating Holders and
 appropriate compliance with applicable regulations issued under the
 Securities Act) as may be so requested and as would permit or facilitate the
 sale and distribution of all or such portion of such Registrable Securities
 as are specified in such request, together with all or such portion of the
 Registrable Securities of any Holder or Holders joining in such request as
 are specified in a written request given within thirty (30) days after
 receipt of such written notice from the Company; provided, that the Company
 shall not be obligated to effect, or to take any action to effect, any such
 registration pursuant to this Section 2:

	
 

	
 

	
 

	
 

	
 

	
          (i)
 in any particular jurisdiction in which the Company would be required to
 execute a general consent to service of process in effecting such registration,
 qualification or compliance, unless the Company is already subject to
 service in such jurisdiction and except as may be required by the Securities
 Act or applicable rules or regulations thereunder;

	
 

	
 

	
 

	
 

	
 

	
          (ii)
 less than ninety (90) calendar days after the effective date of any
 registration declared or ordered effective other than a registration on Form
 S-3 or Form S-8;

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          (iii)
 if, while a registration request is pending pursuant to this Section 2, the
 Company determines, in the good faith judgment of the Board of Directors of
 the Company, with the advice of counsel, that the filing of a registration
 statement would require the disclosure of non-public material information the
 disclosure of which would have a material adverse effect on the Company or
 would otherwise materially adversely affect a financing, acquisition,
 disposition, merger or other significant transaction, the Company shall
 deliver a certificate to such effect signed by its President to the proposed
 selling Holders and the Company shall not be required to effect a
 registration pursuant to this Section 2 until the earlier of (A) three (3)
 days after the date upon which such material information is disclosed to the
 public or ceases to be material or (B) 90 days after the Company makes such
 good faith determination; provided, however, that the Company shall not
 utilize this right more than once in any twelve month period; or

	
 

	
 

	
 

	
 

	
 

	
          (iv)
 except as set forth in Section 2.5, after the second such registration
 pursuant to this Section 2.1 has been declared or ordered effective. 

          Subject
to the foregoing clauses (i), (ii), (iii) and (iv), the Company shall file a
registration statement covering the Registrable Securities so requested to be
registered as soon as practicable after receipt of the request or requests of
the Initiating Holders.

                    2.2
Additional Shares to be Included. The registration statement filed
pursuant to the request of the Initiating Holders may, subject to the
provisions of Sections 2.4 and 3.3 below, include (a) other securities of the
Company (the “Additional Shares”) which are held by (i) officers or directors
of the Company who, by virtue of agreements with the Company, are entitled to
include their securities in any such registration or (ii) other persons who,
by virtue of agreements with the Company, including the Existing Rights
Agreements, are entitled to include their securities in any such registration
(the “Other Stockholders”), and (b) securities of the Company being sold for
the account of the Company.

                    2.3
Underwriting. 

                    (a)
If the Initiating Holders intend to distribute the Registrable Securities
covered by their request by means of an underwriting, they shall so advise the
Company as a part of their request made pursuant to this Section 2 and the
Company shall include such information in the written notice to other Holders
referred to in Section 2.1 above. The right of any Holder to registration
pursuant to this Section 2 shall be conditioned upon such Holder’s
participation in such underwriting and the inclusion of such Holder’s
Registrable Securities in the underwriting to the extent provided herein and
subject to the limitations provided herein. A Holder may elect to include in
such underwriting all or a part of the Registrable Securities he holds.

                    (b)
The Company shall (together with all Holders, officers, directors and Other
Stockholders proposing to distribute their securities through such
underwriting) negotiate

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and enter into an underwriting agreement in customary
form with the representative of the underwriter or underwriters selected for
such underwriting by a majority in interest of the Initiating Holders, which
underwriter(s) shall be reasonably acceptable to the Company; provided that no
Holder shall be required to make any representations or warranties to or
agreements (other than a lock-up agreement pursuant to Section 11) with the
Company or the underwriters, other than representations, warranties or
agreements regarding the Holder, its Registrable Securities and its intended
method of distribution and any other representation required by law. 

                    2.4
Limitations on Shares to be Included. Notwithstanding any other
provision of this Section 2, if the representative of the underwriters of a
firm commitment underwriting advises the Initiating Holders in writing that
marketing factors require a limitation on the number of shares to be
underwritten, the number of shares of securities that are entitled to be
included in the registration and underwriting shall be allocated as follows:
first, among the Other Stockholders that offer securities being sold pursuant
to the Existing Rights Agreements, in proportion, as nearly as practicable, to
the respective amounts of Additional Shares which they had requested to be
included in such registration pursuant to the Existing Rights Agreements;
second, among the Holders, in proportion, as nearly as practicable, to the
respective amounts of Registrable Securities which they had requested to be
included in such registration; third, to the Company for securities being sold for
its own account; and thereafter, the number of shares that may be included in
the registration statement and underwriting shall be allocated among all
officers or directors or remaining Other Stockholders, in each case in
proportion, as nearly as practicable, to the respective amounts of Additional
Shares which they had requested to be included in such registration at the time
of filing the registration statement. If the Company or any Holder, officer,
director or Other Stockholder who has requested inclusion in such registration
as provided above disapproves of the terms of any such underwriting, such
Person may elect to withdraw such Person’s Registrable Securities or Additional
Shares therefrom by written notice to the Company and the underwriter and the
Initiating Holders. Any Registrable Securities or other securities excluded
shall also be withdrawn from such registration. No Registrable Securities or
Additional Shares excluded from such registration by reason of such
underwriters’ marketing limitation shall be included in such registration. To
facilitate the allocation of shares in accordance with this Section 2.4, the
Company or underwriter or underwriters selected as provided above may round the
number of Registrable Securities of any Holder which may be included in such
registration to the nearest 100 shares.

                    2.5
Additional Demand Registration. If with respect to the last registration
permitted to be exercised by the Holders of Registrable Securities under
Section 2.1, the Holders are unable to register all of their Registrable
Securities because of the operation of Section 2.4 hereof, such Holders shall
be entitled to require the Company to effect one additional registration to
afford the Holders an opportunity to register all such Registrable Securities.
Such additional registration shall again be subject to the provisions of this
Section 2.

          3.
Company Registration.

                    3.1
At any time after August ___, 2009, if the Company shall determine to register
under the Securities Act any of its equity securities or securities convertible
into equity securities either for its own account or the account of a security
holder or holders exercising any

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demand registration rights, other than a registration
relating solely to employee benefit plans, or a registration relating solely to
a Commission Rule 145 transaction, or a registration on Form S-4 or S-8, or
the Form SB-2 filed on or about June 29, 2004, (or any successor forms
thereto), the Company will:

	
 

	
 

	
 

	
          (a)
 promptly give to each Holder written notice thereof (which shall include a
 list of the jurisdictions in which the Company intends to attempt to qualify
 such securities under the applicable blue sky or other state securities
 laws); and

	
 

	
 

	
 

	
          (b)
 include in such registration (and, subject to Section 2.1(b)(i), any related
 qualification under blue sky laws or other compliance), and in any
 underwriting involved therein, all the Registrable Securities specified in a
 written request or request, made by any Holder within thirty (30) days after
 receipt of the written notice from the Company described in clause (a)
 above, except as set forth in Section 3.3 below. Such written request may
 specify all or a part of a Holder’s Registrable Securities.

                    3.2
Underwriting. If the registration of which the Company gives notice is
for a registered public offering involving an underwriting, the Company shall
so advise the Holders as a part of the written notice given pursuant to Section
3.1(a). The right of any Holder to registration pursuant to this Section 3
shall be conditioned upon such Holder’s participation in such underwriting and
the inclusion of such Holder’s Registrable Securities in the underwriting to
the extent provided herein. All Holders proposing to distribute their
securities through such underwriting shall (together with the Company and any
officers, directors or Other Stockholders distributing their securities through
such underwriting) enter into an underwriting agreement in customary form with
the representative of the underwriter or underwriters selected by the Company;
provided that no Holder shall be required to make any representations or
warranties to or agreements (other than a lock-up agreement pursuant to Section
11) with the Company or the underwriters, other than representations,
warranties or agreements regarding the Holder, its Registrable Securities and
its intended method of distribution and any other representation required by
law.

                    3.3
Limitations on Shares to be Included. Notwithstanding any other
provision of this Section 3, if the representative of the underwriters of a
firm commitment underwriting advises the Company in writing that marketing
factors require a limitation or elimination on the number of shares to be
underwritten, the representative may (subject to the allocation priority set
forth below) limit the number of or eliminate the Registrable Securities to be
included in the registration and underwriting. The Company shall so advise
all holders of securities requesting registration, and the number of shares
of securities that are entitled to be included in the registration and underwriting
shall be allocated as follows: first, if such underwritten offering shall have
been initiated by the Company for the sale of securities for its own account,
to the Company for securities being sold for its own account; second, among the
Other Stockholders that offer securities being sold pursuant to the Existing
Rights Agreements, in proportion, as nearly as practicable, to the respective
amounts of Additional Shares which they had requested to be included in such
registration pursuant to the Existing Rights Agreements; third, among the

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Holders, in proportion, as nearly as practicable, to
the respective amounts of Registrable Securities which they had requested to be
included in such registration; fourth, if such underwritten offering shall not
have been initiated by the Company, to the Company for securities being sold
for its own account; and thereafter, the number of shares that may be included
in the registration statement and underwriting shall be allocated among all
officers or directors or remaining Other Stockholders, in each case in
proportion, as nearly as practicable, to the respective amounts of Additional
Shares which they had requested to be included in such registration at the time
of filing the registration statement. If any Holder of Registrable Securities
or any officer, director or Other Stockholder disapproves of the terms of any
such underwriting, he may elect to withdraw therefrom by written notice to the
Company and the underwriter. Any Registrable Securities or other securities
excluded or withdrawn from such underwriting shall also be withdrawn from such
registration. The Company shall have the right to terminate or withdraw any
registration initiated by it under this Section 3 prior to the effectiveness of
such registration whether or not any Holder has elected to include securities
in such registration.

          4.
Expenses of Registration. All Registration Expenses incurred in
connection with any registration, qualification or compliance pursuant to
Sections 2, 3 or 4 of this Agreement shall be borne by the Company, except that
Selling Expenses shall be borne pro rata by each Holder in accordance with the
number of shares sold.

          5.
Registration Procedures. 

                    5.1
In the case of each registration effected by the Company pursuant to this
Agreement, the Company will keep each Holder advised in writing as to the
initiation of each registration and as to the completion thereof and will, at
its expense:

	
 

	
 

	
 

	
          (a)
 use all reasonable efforts to keep such registration effective for a period
 of 180 days or until the Holder or Holders have completed the distribution
 described in the registration statement relating thereto, whichever first
 occurs; provided, however, that the Company will keep such registration
 effective for longer than 180 days if the costs and expenses associated with
 such extended registration are borne by the selling Holders;

	
 

	
 

	
 

	
          (b)
 Prepare and file with the Commission such amendments and supplements to such
 registration statement and the prospectus used in connection with such registration
 statement as may be necessary to comply with the provisions of the Securities
 Act with respect to the disposition of all securities covered by such
 registration statement;

	
 

	
 

	
 

	
          (c)
 Furnish such number of prospectuses and other documents incident thereto,
 including any amendment of or supplement to the prospectus, as a Holder from
 time to time may reasonably request;

	
 

	
 

	
 

	
          (d)
 Notify each seller of Registrable Securities 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

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which the prospectus included in such registration
 statement, as then in effect, includes an untrue statement of a material fact
 or omits to state a material fact required to be stated therein or necessary
 to make the statements therein not misleading or incomplete in the light of
 the circumstances then existing, and at the request of any such seller,
 prepare and furnish to such seller 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 the purchasers of such shares, such prospectus
 shall not include an 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 or incomplete in the light of the
 circumstances then existing;

	
 

	
 

	
 

	
          (e)
 List all such Registrable Securities registered in such registration on each
 securities exchange or automated quotation system on which the Common Stock
 of the Company is then listed;

	
 

	
 

	
 

	
          (f)
 Provide a transfer agent and registrar for all Registrable Securities and a
 CUSIP number for all such Registrable Securities, in each case not later than
 the effective date of such registration;

	
 

	
 

	
 

	
          (g)
 Make available for inspection by any seller of Registrable Securities, any
 underwriter participating in any disposition pursuant to such registration
 statement, and any attorney or accountant retained by any such seller or
 underwriter, all financial and other records, pertinent corporate documents
 and properties of the Company, and cause the Company’s officers and directors
 to supply all information reasonably requested by any such seller,
 underwriter, attorney or accountant in connection with such registration
 statement;

	
 

	
 

	
 

	
          (h)
 Furnish to each selling Holder upon request a signed counterpart, addressed
 to each such selling Holder, of

	
 

	
 

	
 

	
 

	
          (i)
 an opinion of counsel for the Company, dated the effective date of the
 registration statement in form reasonably acceptable to the Company and such
 counsel, and

	
 

	
 

	
 

	
 

	
 

	
          (ii)
 “comfort” letters signed by the Company’s independent public accountants who
 have examined and reported on the Company’s financial statements included in
 the registration statement, to the extent permitted by the standards of the
 American Institute of Certified Public Accountants, covering such matters as
 are customarily covered in opinions of issuer’s counsel and accountants’
 “comfort” letters delivered to underwriters in underwritten public offerings
 of securities;

	
 

	
 

	
 

	
 

	
          (i)
 Furnish to each selling Holder upon request a copy of all documents filed
 with and all correspondence from or to the Commission in connection with any
 such offering; and

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          (j)
 Make available to its security holders, as soon as reasonably practicable, an
 earnings statement covering the period of at least twelve months, but not
 more than eighteen months, beginning with the first month after the effective
 date of the Registration Statement, which earnings statement shall satisfy
 the provisions of 
Section 11(a) of the Securities Act.

                    5.2
It shall be a condition precedent to the obligations of the Company to take any
action pursuant to this Agreement that the Holders proposing to register
Registrable Securities shall furnish to the Company such information regarding
themselves, the Registrable Securities held by them, and their intended method
of distribution of such Registrable Securities as the Company shall reasonably
request and as shall be required in connection with the action to be taken by
the Company; provided that no Holder shall be required to make any
representations or warranties to or agreements (other than a lock-up agreement
pursuant to Section 11) with the Company or the underwriters, other than
representations, warranties or agreements regarding the Holder, its Registrable
Securities and its intended method of distribution and any other representation
required by law.

                    5.3
In connection with the preparation and filing of each registration statement
under this Agreement, the Company will give the Holders on whose behalf such
Registrable Securities are to be registered and their underwriters, if any, and
their respective counsel and accountants, the opportunity to review such
registration statement, each prospectus included therein or filed with the
Commission, and each amendment thereof or supplement thereto, and will give
each such Holder such access to the Company’s books and records and such
opportunities to discuss the business of the Company with its officers, its
counsel and the independent public accountants who have certified the Company’s
financial statements, as shall be necessary, in the opinion of such Holders or
such underwriters or their respective counsel, in order to conduct a reasonable
and diligent investigation within the meaning of the Securities Act.

          6.
Indemnification.

                    6.1
Indemnification by the Company. The Company will indemnify each Holder,
each of its officers, directors and partners, and each person controlling
such Holder, with respect to which registration, qualification or compliance
has been effected pursuant to this Agreement, and each underwriter, if any, and
each Person who controls any underwriter, against all claims, losses, damages
and liabilities (or actions, proceedings or settlements in respect thereof)
arising out of or based on any untrue statement (or alleged untrue statement)
of a material fact contained in any prospectus, offering circular or other
document (including any related registration statement, notification or the
like) incident to any such registration, qualification or compliance, or based
on any omission (or alleged omission) to state therein a material fact required
to be stated therein or necessary to make the statements therein not
misleading, or any violation by the Company of the Securities Act or any rule
or regulation thereunder applicable to the Company and relating to action or
inaction required of the Company in connection with any such registration,
qualification or compliance, and will reimburse each such Holder, each of its
officers, directors and partners, and each Person controlling such Holder, each
such underwriter and each Person who controls any such underwriter, for any
legal and any other

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expenses reasonably incurred in connection with
investigating and defending or settling any such claim, loss, damage, liability
or action, provided that the Company will not be liable in any such case to the
extent that any such claim, loss, damage, liability or expense arises out of or
is based on any untrue statement or omission made in reliance upon and based
upon written information furnished to the Company by such Holder or underwriter
and stated to be specifically for use therein.

                    6.2
Indemnification by the Holders. Each Holder will, if Registrable
Securities held by him are included in the securities as to which such registration,
qualification or compliance is being effected, indemnify the Company, each of
its directors and officers and each underwriter, if any, of the Company’s
securities covered by such a registration statement, each person who controls
the Company (other than such Holder) or such underwriter within the meaning of
the Securities Act and the rules and regulations thereunder, each other such
Holder and each of their officers, directors and partners, and each Person
controlling such Holder or other stockholder, against all claims, losses,
damages, expenses and liabilities (or actions in respect thereof) arising out
of or based on any untrue statement (or alleged untrue statement) of a material
fact contained in any such registration statement, prospectus, offering
circular or other document, or any 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 will reimburse the Company, each of its
directors and officers, each underwriter or control Person, each other Holder
and each of their officers, directors and partners and each Person controlling
such Holder or other stockholder for any legal or any other expenses
reasonably incurred in connection with investigating or defending any such
claim, loss, damage, liability or action, in each case to the extent, but only
to the extent, that such untrue statement (or alleged untrue statement) or
omission (or alleged omission) is made in such registration statement,
prospectus, offering circular or other document in reliance upon and in conformity
with written information furnished to the Company by such Holder and stated to
be specifically for use therein.

                    6.3
Notices of Claims, Procedures, etc. Each party entitled to
indemnification under this Section 6 (the “Indemnified Party”) shall give
notice to the party required to provide indemnification (the “Indemnifying
Party”) promptly after such Indemnified Party has actual knowledge of any
claim as to which indemnity may be sought, and shall permit the Indemnifying
Party to assume the defense of any such claim or any litigation resulting therefrom,
provided that counsel for the Indemnifying Party, who shall conduct the defense
of such claim or any litigation resulting therefrom, shall be approved by the
Indemnified Party (whose approval shall not be unreasonably withheld), and the
Indemnified Party may participate in such defense at the Indemnified Party’s
sole expense, and provided further that the failure of any Indemnified Party
to give notice as provided herein shall not relieve the Indemnifying Party of
its obligations under this Section 7 unless such failure is prejudicial to the
ability of Indemnifying Party to defend such claim or action. Notwithstanding
the foregoing, such Indemnified Party shall have the right to employ its own
counsel in any such litigation, proceeding or other action if (i) the
employment of such counsel has been authorized by the Indemnifying Party, in
its sole and absolute discretion, or (ii) the named parties in any such claims
(including any impleaded parties) include any such Indemnified Party and the
Indemnified Party and the Indemnifying Party shall have been advised in writing
(in suitable detail) by counsel to the Indemnified Party either (A) that there
may be one or more legal defenses available to such Indemnified Party

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which are different from or additional to those
available to the Indemnifying Party, or (B) that there is a conflict of
interest by virtue of the Indemnified Party and the Indemnifying Parties
having common counsel, in any of which events, the legal fees and expenses of a
single counsel for all Indemnified Parties with respect to each such claim,
defense thereof, or counterclaims thereto shall be borne by Indemnifying
Party. No Indemnifying Party, in the defense of any such claim or litigation,
shall, except with the consent of each Indemnified Party, consent to entry of
any judgment or enter into any settlement which does not include as an
unconditional term thereof the giving by the claimant or plaintiff to such
Indemnified Party of a release from all liability in respect to such claim or
litigation. Each Indemnified Party shall cooperate to the extent reasonably
required and furnish such information regarding itself or the claim in question
as an Indemnifying Party may reasonably request in writing and as shall be
reasonably required in connection with defense of such claim and litigation
resulting therefrom.

          7.
Information by Holder. Each Holder of Registrable Securities shall
furnish to the Company such information regarding such Holder and the
distribution proposed by such Holder as the Company may reasonably request in
writing and as shall be reasonably required in connection with any registration,
qualification or compliance referred to in this Agreement; provided that no
Holder shall be required to make any representations or warranties to or
agreements (other than a lock-up agreement pursuant to Section 11) with the
Company or the underwriters, other than representations, warranties or
agreements regarding the Holder, its Registrable Securities and its intended
method of distribution and any other representation required by law.

          8.
Transfer or Assignment of Registration Rights. The rights to cause the
Company to register securities granted by the Company under this Agreement may
be transferred or assigned by a Holder to a transferee or assignee of any
Registrable Securities; provided that the Company is given written notice at or
prior to the time of said transfer or assignment, stating the name and address
of said transferee or assignee and identifying the securities with respect to
which such registration rights are being transferred or assigned; and provided
further that the transferee or assignee of such rights assumes in writing the
obligations of a Holder under this Agreement to the Company and other Holders
in effect at the time of transfer under all effective agreements. 

          9.
Termination of Registration Rights. No Holder shall be entitled to
exercise any right provided for in Section 2 or Section 3 above after the
earlier of, as to each Holder, the time at which such Holder (i) has sold all
shares of Common Stock to which this agreement applies, or (ii) can sell all
shares of Common Stock held by it and to which this agreement applies without
restriction in compliance with Rule 144(k).

          10.
Exchange Act Compliance. So long as the Company remains subject to the
reporting requirements of the Exchange Act, the Company shall file the reports
required to be filed by it under the Securities Act and the Exchange Act and
the rules and regulations adopted by the Commission thereunder, and will take
all actions reasonably necessary to enable holders of Registrable Securities to
sell such securities without registration under the Securities Act within the
limitation of the provisions of (a) Rule 144 under the Securities Act, as such
Rule may be amended from time to time, (b) Rule 144A under the Securities Act,
as such Rule may be

11

amended from time to time, if applicable or (c) any
similar rules or regulations hereunder adopted by the Commission. Upon the
request of any Holder of Registrable Securities, the Company will deliver to
such Holder a written statement as to whether it has complied with such
requirements.  After any sale of
Registrable Securities pursuant to the provisions of Rule 144 or 144A, the
Company will, to the extent allowed by law, cause any restrictive legends to be
removed and any transfer restrictions to be rescinded with respect to such
Registrable Securities. In order to permit a Holder to sell the same, if it so
desires, pursuant to Rule 144A promulgated by the Commission (or any successor
to such rule), the Company will comply with all rules and regulations of the
Commission applicable in connection with use of Rule 144A (or any successor
thereto). Prospective transferees of Registrable Securities that are Qualified
Institutional Buyers (as defined in Rule 144A) that would be purchasing such
Registrable Securities in reliance upon Rule 144A may request from the Company
information regarding the business, operations and assets of the Company.
Within five (5) business days of any such request, the Company shall deliver to
any such prospective transferee copies of annual audited and quarterly
unaudited financial statements of the Company and such other information as may
be required to be supplied by the Company for it to comply with Rule 144A.

          11.
No Conflict of Rights. The Company will not hereafter enter into any
agreement with respect to its securities which is inconsistent with the rights
granted to the Holders in this Agreement. Without limiting the generality of
the foregoing, the Company will not hereafter enter into any agreement with
respect to its securities which grants, or modifies any existing agreement with
respect to its securities to grant, to the holder of its securities equal or
higher priority to the rights granted to the Holders under Sections 2 and 3 of
this Agreement.

          12.
Lockup Agreement. In consideration for the Company agreeing to its
obligations hereunder, the Holders of Registrable Securities agree in
connection with any registration of the Company’s securities (which includes
Registrable Securities of at least $75,000 in value) pursuant to Section 3
hereof that, upon the request of the Company not to sell, make any short sale
of, loan, grant any option for the purchase of or otherwise dispose of any
Registrable Securities (other than those shares included in such registration)
without the prior written consent of the Company for such period of time (not
to exceed 180 days) from the effective date of such registration as the Company
may specify.

          13.
Benefits of Agreement; Successors and Assigns. This Agreement shall be
binding upon and inure to the benefit of the parties and their respective
successors and permitted assigns, legal representatives and heirs. This
Agreement does not create, and shall not be construed as creating, any rights
enforceable by any other Person. 

          14.
Complete Agreement. This Agreement constitutes the complete
understanding among the parties with respect to its subject matter and
supersedes all existing agreements and understandings, whether oral or
written, among them. No alteration or modification of any provisions of this
Agreement shall be valid unless made in writing and signed, on the one hand, by
the Holders of a majority of the Registrable Securities then outstanding and,
on the other, by the Company.

12

          15. Section Headings. The section headings contained in this Agreement are for
reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement.

          16.
Notices. All notices, offers, acceptances and other communications
required or permitted to be given or to otherwise be made to any party to this
Agreement shall be deemed to be sufficient if contained in a written
instrument delivered by hand, first class mail (registered or certified, return
receipt requested), telecopier or overnight air courier guaranteeing next day
delivery, if to the Company, at 1140 Pearl Street, Boulder, Colorado 80302,
Attention: Chief Financial Officer, with a copy to Reed Guest, Esq., 94
Underhill Road, Orinda, CA 94563, and if to the Shareholders, to each
Shareholder at the address set forth next to his or her name on Exhibit A,
attached hereto and made a part hereof, with a copy to MBV Law LLP, 855 Front
Street, San Francisco, CA 94111, ATTN: Don Buder, or at such other address or
addresses as may have been furnished the Company in writing.

          All
such notices and communications shall be deemed to have been duly given: at the
time delivered by hand, if personally delivered; five business days after being
deposited in the mail, postage prepaid, if mailed; when receipt acknowledged,
if telecopied; and the next business day after timely delivery to the courier,
if sent by overnight air courier guaranteeing next day delivery. Any party may
change the address to which each such notice or communication shall be sent by
giving written notice to the other parties of such new address in the manner
provided herein for giving notice.

          17.
Governing Law. This Agreement shall be governed by, and construed and
enforced in accordance with, the laws of the State of Delaware without giving
effect to the provisions, policies or principles thereof respecting conflict
or choice of laws.

          18.
Counterparts. This Agreement may be executed in one or more counterparts
each of which shall be deemed an original but all of which taken together shall
constitute one and the same agreement.

          19.
Severability. Any provision of this Agreement which is determined to be
illegal, prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such illegality, prohibition or
unenforceability without invalidating the remaining provisions hereof which
shall be severable and enforceable according to their terms and any such
prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction.

SIGNATURE PAGE FOLLOWS

13 

          IN
WITNESS WHEREOF, the parties have signed this Agreement as of the date first
set forth above.

	
 

	
 

	
 

	
 

	
 

	
INCENTRA SOLUTIONS, INC.

	
 

	
 

	
 

	
 

	
 

	
By: 

	
 

	
 

	
 

	

	
 

	
 

	
 

	
Name: Thomas P. Sweeney III

	
 

	
 

	
 

	
Title:   Chief Executive Officer

	
 

	
 

	
 

	
 

	
 

	
 

	
THE
 SHAREHOLDERS

	
 

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	
Dave Condensa

	
 

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	
Bert Condensa

	
 

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	
Kevin Hawkins

	
 

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	
David Auerweck

	
 

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	
Terri Marine

	
 

14

EXHIBIT A

Shareholder Names and
Addresses 

15Exhibit 10.6

LOCK-UP AND VOTING AGREEMENT

          LOCK-UP
AND VOTING AGREEMENT (the “Agreement”) dated as of August ___, 2007, by and
among INCENTRA SOLUTIONS, INC., a Nevada corporation (the “Company”), and each
Person whose name appears on Schedule A attached hereto (each a “Former
Helio Stockholder”).

WITNESSETH

          WHEREAS, pursuant to the terms of an
Agreement and Plan of Merger dated as of July __, 2007 (the “Merger Agreement”)
between the Company, Helio Solutions, Inc., a California corporation (“Helio”),
and Incentra Helio Acquisition Corp., a Delaware corporation, on the date
hereof, the Company has agreed to issue to each Former Helio Stockholder such
number of shares of Common Stock, $.001 par value, of the Company (the “Common
Stock”) as determined pursuant to the Merger Agreement; and

          WHEREAS, as a condition precedent to the
consummation of the transactions contemplated by the Merger Agreement, the
Company and the Former Helio Stockholders desire to provide for certain
restrictions on the transfer of such shares by the Former Helio Stockholders
and the voting agreement by the Former Helio Stockholders as to certain
corporate action by the Company; 

          NOW THEREFORE, in consideration of the
premises and the mutual covenants of the parties hereto, it is hereby agreed as
follows:

ARTICLE I

CERTAIN DEFINITIONS

          1.1
Definitions. Whenever used in this Agreement, unless otherwise defined
or the subject matter or context dictates, the following terms shall have these
respective meanings:

                    (a)
“Affiliate” shall have the meaning ascribed to it in Rule 12(b)(2) promulgated
under the Securities Exchange Act of 1934, as amended.

                    (b)
“Agreement” means this Lock-Up and Voting Agreement, any agreement which is
supplementary to or in amendment or confirmation of this Agreement, and any
schedules hereto or thereto.

                              (c)
“Disposition” shall have the meaning assigned in Section 2.1.

                    (d)
“Person” means any individual, estate, trust, partnership, joint venture,
limited liability company, association, firm, corporation, company or other entity.

1

                    (e)
“Shares” mean the shares of Common Stock issued to the Former Helio Stockholders
pursuant to the Merger Agreement, as well as: (i) any shares into which such
shares of Common Stock may be converted, reclassified, redesignated,
subdivided, consolidated or otherwise changed; or (ii) any shares of the
Company or any successor or other body corporate which may be received by the
holders of such shares on a merger, amalgamation or other reorganization of or
including the Company in exchange for or upon cancellation of such shares of
Common Stock or shares into which such shares of Common Stock may be converted.

                    (f)
“Transfer” shall have the meaning assigned in Section 2.1.

          1.2
Extended Meanings. Words importing the singular number include the
plural and vice versa and words importing gender include all genders.

ARTICLE II

DISPOSITION OF SHARES

          2.1
Restriction on Transfer of Shares. 

          (a)
Except as provided in Section 2.1(b), prior to August ___, 2009, no Former
Helio Stockholder may sell, assign, transfer, mortgage, alienate, pledge, hypothecate,
create or permit to exist a security interest in or lien on, place in trust or
in any other way encumber or otherwise dispose of (any of the foregoing shall
constitute a “Transfer,” and the consummation of such being a “Disposition”)
any Shares now owned or any interest therein except as expressly permitted by
the terms and provisions of this Agreement. The Company shall have no
obligation to recognize or accede to any Disposition or to register any
Transfer of Shares on its books unless such Disposition is effected in
accordance with the terms and provisions of this Agreement. No Person who
purports to be a holder of Shares acquired in violation of the terms and
provisions of this Agreement shall be entitled to any rights with respect to
such Shares, including any rights to vote such Shares, to receive any dividends
declared thereon, or to receive any notice with respect thereto under this
Agreement or otherwise. 

          (b)
Any Former Helio Stockholder may Transfer all or a portion of his, her or its
Shares to (i) any other Former Helio Stockholder, (ii) a trust, spouse, child,
parent or sibling for bona fide estate planning purposes, (iii) in connection
with any sale of all or substantially all of the Company’s assets, any transfer
of at least a majority of the Company’s outstanding voting securities (as of
immediately prior to such transfer) or any merger or consolidation in which the
Company is not the surviving entity (any such transaction, a “Sale
Transaction”), or (iv) in connection with its exercise of any demand,
“piggy-back” or similar registration rights. If any Former Helio Stockholder
intends to make a Disposition of all or a portion of his, her or its Shares
pursuant to this paragraph, such Former Helio Stockholder shall give at least
15 days prior written notice of such proposed Disposition to the Company
(except in respect of a Disposition pursuant to clauses (ii) or (iii) above).
Any such notice shall specify the number of

2

Shares subject
to such proposed disposition, identify the proposed transferee and state the
relationship between such Former Helio Stockholder and the proposed transferee.

ARTICLE III

VOTING AGREEMENT

          3.1
Agreement to Vote Shares. Until the Expiration Date (as defined in
Section 4.3(a) hereof), at every meeting of stockholders of the Company, and at
every adjournment thereof, and on every action or approval by written consent
of stockholders of the Company, each Former Helio Shareholder shall vote, to
the extent not voted by the person(s) appointed under the Proxy (as defined in
Section 3.2 hereof), no less than one-half of the issued and outstanding Shares
held by such Former Helio Shareholder (to the extent such shares may be voted)
in favor of the resolutions hereafter proposed by the Board of Directors of the
Company, approved by Thomas P. Sweeney III and submitted to a vote of the
stockholders of the Company.

          3.2
Irrevocable Proxy. Concurrently with the execution of this Agreement,
each of the Former Helio Stockholders agrees to deliver to Company an
irrevocable proxy, coupled with an interest, in the form attached hereto as
Appendix A (the “Proxy”), which shall be irrevocable to the fullest extent
permitted by law, covering one-half of the Shares held by a a Former Helio
Stockholder as set forth herein. 

ARTICLE IV

MISCELLANEOUS

          4.1
Legend. The Company may cause each certificate representing Shares that
are subject to this Agreement to have stamped, printed or typed thereon the
following legend:

	
 

	
 

	
 

	
The
 securities represented by this certificate are subject to a Lock-Up and
 Voting Agreement, dated as of August __, 2007, among Incentra Solutions, Inc.
 (the “Company”) and certain of its stockholders, a copy of which may be
 examined at the principal office of the Company.

          4.2
Notice. Any notice or document required or permitted by this Agreement
to be given to a party hereto shall be in writing and is sufficiently given if
delivered personally, or if sent by prepaid certified mail, return receipt
requested, to the Company or to a Former Helio Stockholder addressed as
follows:

	
 

	
 

	
 

	
 

	
the Company:

	
Incentra
 Solutions, Inc.

	
 

	
 

	
1140 Pearl
 Street

	
 

	
 

	
Boulder,
 Colorado 80302

	
 

	
 

	
Attention:
 Chief Financial Officer

3

	
 

	
 

	
 

	
 

	
with a copy
 to:

	
Reed Guest,
 Esq.

	
 

	
 

	
Law Offices
 of Karl Reed Guest

	
 

	
 

	
94 Underhill
 Road

	
 

	
 

	
Orinda, CA
 94563

	
 

	
 

	
          Former
 Helio Stockholder:

	
To the
 address of such Former Helio Stockholder set forth on Schedule A
 attached hereto or at such other address as may have been furnished the
 Company in writing.

Notice so
mailed shall be deemed to have been given upon receipt if delivered personally
or on the fifth business day next following the date of the returned receipt.
Any notice delivered to the party to whom it is addressed shall be deemed to
have been given and received on the day it is delivered. Any party may from
time to time notify the others in the manner provided herein of any change of
address which thereafter, until changed by like notice, shall be the address of
such party for all purposes hereof.

          4.3
Term of Agreement. 

                    (a)
The provisions of this Agreement shall terminate on the earlier to occur of (i)
August ___, 2009, (ii) Thomas P. Sweeney III ceases to be the President and
Chief Executive Officer of the Company for any reason, or (iii) on such earlier
date as is mutually agreed in writing by the Company and the Former Helio
Stockholders holding a majority of the then outstanding Shares (the “Expiration
Date”). 

                    (b)
Nothing contained in this Section 4.3 shall affect or impair any rights or
obligations arising prior to the time of the termination of this Agreement, or
which may arise by an event causing the termination of this Agreement.

          4.4
Severability. If in any jurisdiction, any provision of this Agreement or
its application to any party or circumstance is restricted, prohibited or
unenforceable, such provision shall, as to such jurisdiction, be ineffective
only to the extent of such restriction, prohibition or unenforceability without
invalidating the remaining provisions hereof and without affecting the validity
or enforceability of such provision in any other jurisdiction or its
application to other parties or circumstances.

          4.5
Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original and together shall
constitute one document.

          4.6
Entire Agreement; Etc. This Agreement sets forth the entire agreement
among the parties hereto pertaining to the subject matter hereof and supersedes
all prior agreements, understandings, negotiations and discussions, whether
oral or written, among the parties hereto and there are no warranties,
representations and other agreements between the parties hereto in connection
with the subject matter hereof except as specifically set forth herein or
therein. No

4

supplement, modification,
waiver or termination of this Agreement shall be binding unless executed in
writing by the Company and the Former Helio Stockholders holding a majority of
the then outstanding Shares. No waiver of any of the provisions of this
Agreement shall be deemed or shall constitute a waiver of any other provisions
nor shall such waiver constitute a continuing waiver unless otherwise expressly
provided.

          4.7
Transferees Bound. Except in connection with a Disposition pursuant to
Section 2.1(b)(ii) or (iii) hereof, each Disposition otherwise permitted by
Article II hereof shall not become effective unless and until the transferee
executes and delivers to the Company a counterpart to this Agreement, agreeing
to be treated in the same manner as a Former Helio Stockholder. Upon such
Disposition and such execution and delivery, the transferee shall be bound by,
and entitled to the benefits of, this Agreement with respect to the transferred
Shares in the same manner as the transferring Former Helio Stockholder.

          4.8
Governing Law. This Agreement shall be construed in accordance with the
internal laws of the State of California applicable to agreements made and to
be performed in California.

          4.9
Rules of Construction. The parties hereto agree that they have been
represented by counsel during the negotiation and execution of this Agreement
and, therefore, waive the application of any law, regulation, holding or rule
of construction providing that ambiguities in an agreement or other document
will be construed against the party drafting such agreement or document.

          4.10.
Specific Performance. The parties hereto agree that irreparable damage
would occur in the event that any of the provisions of this Agreement were not
performed in accordance with their specific terms or were otherwise breached.
It is accordingly agreed that the parties shall be entitled to an injunction or
injunctions to prevent breaches of this Agreement and to enforce specifically
the terms and provisions hereof in any state or federal court located in the
State of Nevada, this being in addition to any other remedy to which they are
entitled at law or in equity.

          4.11.
Attorneys’ Fees. If any action or other proceeding relating to the
enforcement of any provision of this Agreement is brought by any party hereto,
the prevailing party shall be entitled to recover reasonable attorneys’ fees,
costs, and disbursements (in addition to any other relief to which the
prevailing party may be entitled).

          IN
WITNESS WHEREOF, this Agreement has been executed by or on behalf of each of
the parties hereto as of the date first above written.

	
 

	
 

	
[SIGNATURE PAGE FOLLOWS]

	
 

	
 

	
 

	
INCENTRA SOLUTIONS, INC.

5

	
 

	
By:

	
 

	

	
 

	
       Name: Thomas P. Sweeney III

	
 

	
       Title: Chairman and Chief Executive
 Officer

	
 

	
 

	
 

	
FORMER HELIO STOCKHOLDERS

	
 

	
_____________________________________

	
 

	
Dave
 Condensa

	
 

	
_____________________________________

	
 

	
Bert
 Condensa

	
 

	
_____________________________________

	
 

	
Kevin
 Hawkins

	
 

	
_____________________________________

	
 

	
David
 Auerweck

	
 

	
_____________________________________

	
 

	
Terri Marine

6 

Schedule A

Names and Addresses of Former Helio
Stockholders

	
 

	
 

	
David
 Condensa

	
 

	
 

	
 

	
Bert
 Condensa

	
 

	
 

	
 

	
Kevin
 Hawkins

	
 

	
 

	
 

	
David
 Auerweck

	
 

	
 

	
 

	
Terri Marine

	
 

7

APPENDIX A

Irrevocable Proxy

8

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