Document:

First Supplement Trust Indenture

    Exhibit
      10.2

     

    FIRST
      SUPPLEMENTAL TRUST INDENTURE

     

    This
      First Supplemental Trust Indenture is entered into as of the 17th
      day of
      August, 2007 between:

     

    SIGNET
      ENERGY INC.,
      a
      corporation incorporated under the laws of the Province of Alberta and having
      its head office in the City of Calgary, in the Province of Alberta (hereinafter
      called "Signet"),

    

    -
      and
      -

     

    SURGE
      GLOBAL ENERGY, INC.,
      a
      corporation existing under the laws of the State of Delaware (hereinafter called
      "Surge
      US")
      

    

    and
      

    

    VALIANT
      TRUST COMPANY,
      a trust
      company existing under the laws of the Province of Alberta having an office
      in
      the City of Calgary, in the Province of Alberta (hereinafter called the
      "Debenture
      Trustee")

     

     

    WITNESSETH
      THAT:

     

    WHEREAS
      Signet and Surge US and the Debenture Trustee entered into an trust indenture
      (the "Indenture")
      dated
      November 15, 2005 to provide for the creation and issuance of
      debentures;

     

    AND
      WHEREAS the Indenture provides that the Debenture Trustee may enter into
      indentures supplemental to the Indenture;

     

    AND
      WHEREAS The Corporation has entered into a letter of intent dated May 15, 2007
      (the "Letter
      of Intent")
      with
      Andora Energy Corporation ("Andora")
      and
      Pan Orient Energy Corp. relating to the proposed combination of the businesses
      of Andora and Signet (the "Business
      Combination")
      and
      Signet and Andora anticipate the execution of an arrangement agreement (the
      "Arrangement
      Agreement")
      setting forth all of the terms and conditions of such business combination
      as
      contemplated by the Letter of Intent and as further agreed upon by Signet and
      Andora;

     

    AND
      WHEREAS, in connection with approving the Business Combination, the parties
      wish
      to amend the terms of the Debentures to provide the Debentureholders with an
      opportunity to participate in such Business Combination, to receive earlier
      payment of the Principal Sum and Interest in respect of such Debentures or
      to
      continue to hold such Debentures in accordance with the terms and conditions
      of
      the Trust Indenture; 

     

    AND
      WHEREAS the foregoing recitals are made as representations and statements of
      fact by Signet and Surge US and not by the Debenture Trustee;

     

    NOW
      THEREFORE it is hereby covenanted, agreed and declared as follows:

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    ARTICLE
      1

    INTERPRETATION

     

    1.1    Definitions

     

    In
      this
      Amendment (including the recitals and schedules hereto, if any), the following
      initially capitalized terms have the meanings set forth below and such meanings
      shall supersede, as applicable, the meanings provided thereto in the Trust
      Indenture. Initially capitalized terms used herein and not otherwise defined
      herein have the meanings ascribed thereto in the Trust Indenture.

     

    	(a)   	
            "Amendment",
              "Amendment
              to Trust Indenture",
              "hereto",
              "herein",
              "hereby",
              "hereunder",
              "hereof"
              and similar expressions refer to this Amendment to Trust Indenture
              and not
              to any particular Article, Section, Subsection, Clause, subdivision
              or
              other portion hereof;

          

     

    	(b)   	
            "Andora
              Common Shares"
              means common shares of Andora;

          

     

    	(c)
              	
            "Conversion
              Price"
              means the price at which a Common Share may be issued from time to
              time
              after the Effective Date and prior to the Maturity Date on the conversion
              of the Principal Sum of a Debenture pursuant to Section 5.1(e), which
              is
              currently Cdn. $1.00 per Common Share, subject to adjustments in
              accordance with the provisions of Article 8 of the Trust Indenture,
              in
              which case it shall mean the adjusted price in effect at such
              time;

          

     

    	(d)
              	
            "Conversion
              Right"
              means the right of a Debentureholder to convert the Principal Sum into
              Common Shares pursuant to Section 5.1(a) or Section 5.1(e) hereof as
              applicable;

          

     

    	(e)
              	
            "Court
              Approval"
              means the issuance of the final order of the Court of Queen’s Bench of
              Alberta approving the arrangement pursuant to the Arrangement
              Agreement;

          

     

    	(f) 
              	
            "Effective
              Date"
              means the date that the arrangement pursuant to Section 193 of the
              Business
              Corporations Act (Alberta)
              and as contemplated by the Arrangement Agreement becomes effective
              under
              the Business
              Corporations Act
              (Alberta);

          

     

    	(g)
              	
            "Effective
              Time"
              means 12:01 a.m. on the Effective Date;

          

     

    	(h)
              	
            "Election
              to Convert"
              means an election to convert that sets forth the Principal Sum in respect
              of which the Conversion Right set forth in Section 5.1(a) is being
              exercised, the address of the Debentureholder which is to appear on
              the
              Share Register of the Corporation and the address where the new Debenture,
              if any, representing the unconverted portion of its Debenture may be
              sent;

          

     

    	(i) 
              	
            "Election
              to Receive Payment"
              means an election to receive payment in accordance with Section 7.2(a)
              that sets forth the Principal Sum in respect of which the right set
              forth
              in Section 7.2(a) is being exercised, the address of the Debentureholder
              which payment is to be sent and the address where the new Debenture,
              if
              any, representing the unconverted portion of the Debenture is to be
              sent;

          

     

    	(j) 
              	
            "Modified
              Conversion Price"
              means the price at which a Common Share may be issued from time to
              time
              prior to the Effective Date on the conversion of the Principal Sum
              of a
              Debenture, which is $0.7692307;

          

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    	(k)   	
            "Shareholder
              Approval"
              means the approval of not less than 66 2⁄3% of the outstanding Common Shares
              present in person or by proxy at a duly called and convened meeting
              of the
              holders of Common Shares; and 

          

     

    	(l) 
              	
            "Termination
              Date"
              means, if applicable, the date of public dissemination of a news release
              relating to the termination of the Letter of Intent or Arrangement
              Agreement or the failure to meet any of the conditions set forth in
              the
              Letter of Intent or Arrangement Agreement such that the Business
              Combination is terminated, abandoned or
              aborted.

          

     

    ARTICLE
      2

    AMENDMENT
      TO CONVERSION RIGHT

     

    2.1    Conversion
      Right

     

    The
      Conversion Right set forth in Section 5.1 of the Trust Indenture is hereby
      deleted in its entirety and replaced with the following:

     

    	(a)
              	
            Upon
              and subject to the terms and conditions of this Article 5, each
              Debentureholder shall have the right, at its option, at any time and
              from
              time to time prior to 5:00 p.m. (Calgary time) on the Business Day
              immediately preceding the Effective Date, to elect to convert, immediately
              prior to the Effective Time on the Effective Date, the Principal Sum
              of
              its Debentures, in whole or in multiples of Cdn. $1,000, into fully
              paid
              and non-assessable Common Shares at the Modified Conversion Price in
              effect on the Conversion Date.

          

     

    	(b)
              	
            The
              exercise of the Conversion Right provided in Section 5.1(a) shall be
              conditional upon: 

          

     

    	(i) 
              	
            Shareholder
              Approval of the Business Combination;

          

     

    	(ii)
              	
            Court
              Approval of the Business Combination; and

          

     

    	(iii)  	
            satisfaction
              (or waiver) of all conditions precedent to completion of the Business
              Combination set forth in the Arrangement
              Agreement.

          

     

    In
      the
      event that the Letter of Intent or Arrangement Agreement is terminated for
      any
      reason or the conditions set forth in this Section 5.1(b) are not satisfied,
      the
      Election to Convert of the Debentureholder pursuant to Section 5.1(a) shall
      be
      deemed to be rescinded as of such Termination Date. 

     

    	(c)
              	
            If
              the Debentureholder elects to convert some or all of the Principal
              Sum of
              its Debentures into Common Shares pursuant to Section 5.1(a), no cash
              payment or other adjustment will be made for accrued interest on the
              Principal Sum of the converted Debenture. Instead, accrued interest
              will
              be deemed paid by the Common Shares (or Andora Common Shares received
              in
              accordance with the Arrangement Agreement) received by the Debentureholder
              on conversion. Delivery to the Debentureholder of the full number of
              Common Shares into which the Principal Sum of the Debenture is convertible
              (or Andora Common Shares received in accordance with the Arrangement
              Agreement) will thus be deemed:

          

     

    	(i) 
              	
            to
              satisfy the Corporation's obligation to pay the Principal Sum of the
              Debenture; and

          

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    	(ii)
              	
            to
              satisfy the Corporation's obligation to pay accrued and unpaid Interest
              up
              to the Conversion Date.

          

     

    	(d)
              	
            Subject
              to Section 5.5, a Debentureholder may exercise its Conversion Right
              pursuant to Section 5.1(a) by delivering a duly completed Election
              to
              Convert together with the original Debenture(s) to the Trustee prior
              to
              5:00 p.m. (Calgary time) on the Business Day immediately preceding
              the
              Effective Date.

          

     

    	(e)
              	
            Upon
              and subject to the terms and conditions of this Article 5, each
              Debentureholder shall have the right, at its option, at any time and
              from
              time to time (i) after 5:00 p.m. (Calgary time) on the Business Day
              immediately preceding the Effective Date or (ii) after the Termination
              Date and, in each case, prior to the Maturity Date, to convert the
              Principal Sum of its Debentures, in whole or in multiples of Cdn. $1,000,
              into fully paid and non-assessable Common Shares at the Conversion
              Price
              in effect on the Conversion Date.

          

     

    	(f)
              	
            If
              the Debentureholder elects to convert some or all of the Principal
              Sum of
              its Debentures into Common Shares pursuant to Section 5.1(e), the
              Debentureholder shall receive:

          

     

    	(i)    	
            Common
              Shares; and

          

     

    	(ii)   	
            cash
              in an amount equal to all accrued and unpaid Interest (including overdue
              Interest) on the Principal Sum so converted up to the Conversion
              Date.

          

     

    	(g)  	
            Subject
              to Section 5.5, a Debentureholder may exercise its Conversion Right
              pursuant to Section 5.1(e) by surrendering its Debenture to the Trustee
              and giving notice to the Corporation and the Trustee at any time and
              from
              time to time (i) after 5:00 p.m. (Calgary time) on the Business Day
              immediately preceding the Effective Date or (ii) after the Termination
              Date and, in each case prior to the Maturity Date, specifying the
              following:

          

     

    	(i) 
              	
            the
              Principal Sum in respect of which the Conversion Right pursuant to
              Section
              5.1(e) is being exercised;

          

     

    	(ii)
              	
            the
              address of the Debentureholder which is to appear on the Share Register
              of
              the Corporation;

          

     

    	(iii)  	
            the
              address where the new Debenture, if any, representing the unconverted
              portion of its Debenture may be sent; and

          

     

    	(iv)  	
            the
              number of Common Shares the Debentureholder is currently the beneficial
              owner of.

          

     

    
      	 	
              (h)

            	
              Notwithstanding
                Section 5.1(a) of the Trust Indenture as amended hereby, if the
                Arrangement Agreement so provides, the conversion of Debentures which
                a
                Debentureholder has elected to convert pursuant to Section 5.1(a)
                may
                occur at the Effective Time, as part of the arrangement contemplated
                by
                the Arrangement Agreement and in the order specified therein, provided
                that such adjustment of the effective time of the conversion of such
                Debentures substantially preserves, and does not impair, in the reasonable
                opinion of the board of directors of the Corporation, any material
                right,
                power or entitlement of the Debentureholders under the Trust Indenture
                as
                amended hereby.

            

    

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    2.2   Deemed
      Conversion of Exchanged Debentures

     

    Section
      5.3 of the Trust Indenture is hereby deleted in its entirety and replaced with
      the following:

     

    Upon
      the
      exercise of the Exchange Right pursuant to Section 6.1(a), Surge US shall,
      as
      the resultant Debentureholder, be deemed to have exercised its Conversion Right
      pursuant to Section 5.1(e).

     

    2.3   Effect
      of Exercise of Conversion Right

     

    Section
      5.4 of the Trust Indenture is hereby deleted in its entirety and replaced with
      the following:

     

    	(a)   	
            Upon
              the exercise of the Conversion Right pursuant to Section 5.1(a), and
              subject to Section 5.5, the Common Shares subscribed for shall be deemed
              to have been issued and the applicable Debentureholder shall be deemed
              to
              have become the holder of record of such Common Shares immediately
              prior
              to the Effective Time on the Effective Date.

          

     

    	(b)   	
            Within
              five Business Days of the Effective Date, the Corporation (or its
              successor) shall cause to be delivered to such Debentureholder, as
              specified in the Election to Convert, a share certificate for the
              appropriate number of Andora Common Shares issuable pursuant to the
              Arrangement Agreement, provided that such Debentureholder has surrendered
              its Debenture to the Trustee for cancellation, in whole or in part,
              as
              applicable.

          

     

    	(c)   	
            Upon
              the exercise of the Conversion Right pursuant to Section 5.1(e), and
              subject to Section 5.5, the Common Shares subscribed for shall be deemed
              to have been issued and the applicable Debentureholder shall be deemed
              to
              have become the holder of record of such Common Shares on the Conversion
              Date unless the transfer registers of the Corporation shall be closed
              on
              such date (including by application of any Applicable Law), in which
              case
              the Common Shares subscribed for shall be deemed to have been issued
              and
              such Debentureholder deemed to have become the holder of record of
              such
              Common Shares, on the date on which such transfer registers are reopened.
              

          

     

    	(d)   	
            Within
              five Business Days of the Conversion Date, the Corporation shall cause
              to
              be delivered to such Debentureholder, as specified in the notice of
              conversion delivered pursuant to Section 5.1(e), a share certificate
              for
              the appropriate number of Common Shares acquired provided that such
              Debentureholder has surrendered its Debenture to the Trustee for
              cancellation, in whole or in part, as
              applicable.

          

     

    2.4   Expiration
      of Conversion Right

     

    Section
      5.7 of the Trust Indenture is hereby deleted in its entirety and replaced with
      the following:

     

    	(a)
              	
            On
              the Effective Date, the Conversion Right pursuant to Section 5.1(a)
              shall
              cease and terminate with respect to any amount of the Principal Sum
              which
              has not been converted except to the extent that a Debentureholder
              has not
              received certificates representing Andora Common Shares in accordance
              with
              Section 5.4(b), in which instance such Debentureholder’s rights hereunder
              shall continue until it has received that to which it is entitled
              hereunder.

          

     

    	(b)
              	
            On
              the Maturity Date, the Conversion Right pursuant to Section 5.1(e)
              shall
              cease and terminate with respect to any amount of the Principal Sum
              which
              has not been converted except to the extent that a Debentureholder
              has not
              received certificates representing Common Shares in accordance with
              Section 5.4(d), in which instance such Debentureholder’s rights hereunder
              shall continue until it has received that to which it is entitled
              hereunder.

          

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    2.5    Early
      Repayment of Principal Sum and Interest

     

    Section
      7.2 of the Trust Indenture is hereby deleted in its entirety and replaced with
      the following:

     

    	(a)
              	
            Upon
              and subject to the terms and conditions of this Section 7.2, each
              Debentureholder shall have the right, at its option, at any time and
              from
              time to time prior to 5:00 p.m. (Calgary time) on the Business Day
              immediately preceding the Effective Date, to elect to receive, within
              15
              Business Days from the Effective Date, the Principal Sum of its Debentures
              or any part thereof, plus Interest accrued from the last Interest Payment
              Date to the Maturity Date.

          

     

    	(b)
              	
            The
              exercise of the right to receive payment pursuant to Section 7.2(a)
              shall
              be conditional upon: 

          

     

    	(i) 
              	
            Shareholder
              Approval of the Business Combination;

          

     

    	(ii)
              	
            Court
              Approval of the Business Combination; and

          

     

    	(iii)  	
            satisfaction
              (or waiver) of all conditions precedent to completion of the Business
              Combination set forth in the Arrangement
              Agreement.

          

     

    Upon
      satisfaction of the requirements set forth in this Section 7.2(b), the
      Corporation shall make payment to each electing Debentureholder of the Principal
      Sum and Interest accrued from the last Interest Payment Date to the Maturity
      Date in accordance with their Election to Receive Payment. From and after the
      Effective Date, the sole right and remedy of the Debentureholder shall be to
      receive payment of Principal and Interest in accordance with Section 7.2. In
      the
      event that the Letter of Intent or Arrangement Agreement is terminated for
      any
      reason or the conditions set forth in this Section 7.2(b) are not satisfied,
      the
      Election to Receive Payment of the Debentureholder pursuant to Section 7.2(a)
      shall be deemed to be rescinded as of such Termination Date and all such other
      rights and entitlements of the Debentureholder pursuant to the Trust Indenture
      shall continue in full force and effect.

     

    	(c)
              	
            A
              Debentureholder may exercise its right pursuant to Section 7.2(a) by
              delivering a duly completed Election to Receive Payment, together with
              the
              original Debenture(s) to the Trustee prior to 5:00 p.m. (Calgary time)
              on
              the Business Day immediately preceding the Effective
              Date.

          

     

    2.6   Effect
      of Amendment

     

    	(a)  	
            This
              Amendment to the Trust Indenture shall replace and supersede all sections
              referred to herein and shall be read with the Trust Indenture as one
              and
              the same agreement governing the Debentures. The Amendment to Trust
              Indenture shall become effective as at and from the time at which an
              Extraordinary Resolution of the Debentureholders is passed in accordance
              with the Trust Indenture approving the amendments to the Trust Indenture
              set forth herein.

          

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    ARTICLE
      3

    ADDITIONAL
      MATTERS

     

    3.1    Confirmation
      of Indenture

     

    The
      Indenture, as amended and supplemented by this Supplemental Indenture, is in
      all
      respects confirmed.

     

    3.2    Acceptance
      of Trusts

     

    The
      Debenture Trustees hereby accepts the trusts in this Supplemental Indenture
      declared and provided for and agrees to perform the same upon the terms and
      conditions and subject to the provisions set forth in the
      Indenture.

     

    3.3    Governing
      Law

     

    This
      Supplemental Indenture shall be construed in accordance with the laws of the
      Province of Alberta and the laws of Canada applicable therein and shall be
      treated, in all respects, as an Alberta contract.

     

    3.4    Further
      Assurances

     

    The
      parties shall, with reasonable diligence, do all such things and provide all
      such reasonable assurances as may be required to consummate the transactions
      contemplated by this Supplemental Indenture, and each party shall provide such
      further documents or instruments required by the other party as may be
      reasonably necessary or desirable to effect the purpose of this Supplemental
      Indenture and carry out its provisions.

     

    3.5    Counterparts

     

    This
      Supplemental Indenture may be executed by the parties in separate counterparts
      each of which when so executed and delivered shall be an original, but all
      such
      counterparts shall together constitute one and the same instrument.

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF
      the
      parties hereto have executed these presents under their respective corporate
      seals and hands of their proper officers in that behalf.

     

     

    
      	 	
              SIGNET
                ENERGY INC.

               

            
	 	 
	 	
              By:___________________________________

               

            
	 	 
	 	
              SURGE
                GLOBAL ENERGY, INC.

               

            
	 	 
	 	
              By:___________________________________

               

            
	 	 
	 	
              VALIANT
                TRUST COMPANY

               

            
	 	 
	 	
              By:___________________________________

               

            
	 	 
	 	
              By:___________________________________

               

            

    

    

     

    8Filed by Automated Filing Services Inc. (604) 609-0244 -  Salamon Group, Inc.- Exhibit 10.1

ASSIGNMENT 

THIS AGREEMENT effective as of the 29th day of June,
2007. 

AMONG: 

SPACE GLOBE TECHNOLOGIES LTD.,
a company incorporated 
under the laws of British Columbia and having an
office at 302 – 1028 
Alberni Street, Vancouver, British Columbia V6E 1A3

(the “Assignor”) 

AND: 

SALAMON GROUP, INC., a company
incorporated under the laws of 
Nevada and having an office at 302 – 1028
Alberni Street, Vancouver, 
British Columbia V6E 1A3 

(the “Assignee”) 

AND: 

JOHN E. SALAMON, of 302 – 1028
Alberni Street, Vancouver, British 
Columbia V6E 1A3 

(“Salamon”) 

WHEREAS: 

A. The Assignor has developed and owns proprietary technology
(the “Technology”) as described in the three patent applications defined
in section 1 of this Agreement; 

B. Salamon is the registered owner of the patent applications
and by assignment dated June 28, 2007, Salamon assigned to the Assignor a 99%
legal and beneficial interest in and to the patent applications; 

C. Salamon retains a 1% beneficial interest in and to the
patent applications; and 

D. The Assignor wishes to assign to the Assignee, and the
Assignee wishes to purchase, any and all rights the Assignee may have in and to
the Technology and related intellectual property rights, including the
Assignor’s 99% interest in and to the patent applications, pursuant to the terms
and conditions of this Agreement; 

NOW THEREFORE in consideration of the promises, the sum of ONE
($1.00) DOLLAR now paid by the Assignee to the Assignor and other good and
valuable consideration, the receipt and sufficiency of which are acknowledged by
the Assignee, the Assignor agrees as follows: 

	1. 	
      In this Agreement, the following terms not defined
      elsewhere in this Agreement will have the following meanings:

	 	 	 
		(a) 	
      “Intellectual Property Rights” means all rights,
      title, interest and benefit of the Assignor in and to intellectual
      property of every nature, whether registered or unregistered, including,
      without limitation, all copyrights, patents, patent rights, trade- marks,
      certification marks and industrial designs, applications for any of the
      foregoing including without limitation the Patent Applications, trade
      names, brand names, business

- 2 - 

names, trade secrets, proprietary
manufacturing information and know-how, instruction manuals, inventions,
inventor’s notes, research data, unpatented blue prints, drawings and designs,
formulae, calculations, processes, prototypes, technology and marketing rights,
together with all rights under license agreements, sublicense agreements,
strategic alliances, development agreements, technology transfer agreements and
other agreements or instruments relating to any of the foregoing; 

	 	(b) 	
      “Patent Application 1” means the patent
      application number XXXXXX filed with the Canada Intellectual Property
      Office by Salamon on XXXXXX and entitled “Electric Inloop Power Device for
      Electric Power”;

	 	 	 
	 	(c) 	
      “Patent Application 2” means the patent
      application number XXXXXX filed with the Canada Intellectual Property
      Office by Salamon on XXXXXX and entitled “Wireless Inloop Power
      Device”;

	 	 	 
	 	(d) 	
      “Patent Application 3” means the patent
      application number XXXXXX filed with the Canada Intellectual Property
      Office by Salamon on XXXXXX and entitled “Wireless Charging/Power Bypass
      System Device”; and

	 	 	 
	 	(e) 	
      “Patent Applications” means, together, Patent
      Application 1, Patent Application 2 and Patent Application
  3.

	2. 	
      The Assignor irrevocably sells, transfers and assigns to
      the Assignee all of the Assignor’s worldwide Intellectual Property Rights
      in and to the Technology, including the Assignor’s 99% interest in and to
      the Patent Applications, in consideration of (a) the issuance to the
      Assignee of 1,500,000 shares of common stock of the Assignor in respect of
      each of the Patent Applications, for a total of 4,500,000 shares of common
      stock of the Assignor at a deemed price of $0.05 per share; and (b) cash
      royalty payments by the Assignee to the Assignor as more particularly set
      out in Schedule “A” attached to and forming a part of this
    Agreement.

	 	 	 
	3. 	
      The Assignor hereby irrevocably waives in whole all of
      the Assignor’s moral rights in and to the Technology and the Intellectual
      Property Rights therein, including the right to the integrity of the
      Technology, the right to be associated with the Technology, the right to
      restrain or claim damages for any distortion, mutilation, or other
      modification of the Technology and the Intellectual Property Rights
      therein, and the right to restrain use or reproduction of the Technology
      and the Intellectual Property Rights therein in any context and in
      connection with any product, service, cause or institution.

	 	 	 
	4. 	
      The Assignor and Salamon jointly, severally and expressly
      warrant and represent to the Assignee that:

	 	 	 
		(a) 	
      the Patent Applications are free and clear of any claims,
      liens, charges, or any other encumbrances;

	 	 	 
		(b) 	
      Salamon is the rightful owner of the entire legal
      interest, but currently holds only a 1% beneficial interest, in and to the
      Patent Applications;

	 	 	 
		(c) 	
      Salamon holds 99% of the legal and beneficial interest in
      and to: (i) the Patent Applications and (ii) any patent that may be
      granted pursuant thereto, in trust for the sole benefit of the
      Assignee;

	 	 	 
		(d) 	
      Salamon has no interest, beneficial or otherwise, in the
      Assignor’s 99% interest in and to the Patent Applications and that the
      Assignee is the absolute beneficial owner of such 99% interest
    therein;

- 3 - 

	 	(e) 	
      neither the Assignor nor Salamon is aware of any
      infringement of the Intellectual Property Rights of the Patent
      Applications by any other party and neither of them is aware of any
      infringement of any third party Intellectual Property Rights arising out
      of either the Patent Applications or the technology encompassed by the
      Patent Applications; and

	 	 	 
	 	(f) 	
      to the best knowledge of the Assignor and Salamon, the
      assignment of the Patent Applications and the performance of this
      Agreement by the Assignor will not conflict with, result in any breach of,
      or constitute default under any agreement to which the Assignor or Salamon
      is a party.

	5. 	
      The Assignor and Salamon agree to sign or cause to be
      signed all documents necessary in connection with the Patent Applications
      and any previously regularly filed applications on the basis of which a
      request for priority is made, any continuing or divisional applications
      thereof or corresponding applications for filing in countries other than
      Canada and also to sign separate assignments in connection with such
      applications as the Assignee may deem necessary or expedient.

	 	 
	6. 	
      The Assignor and Salamon agree to sign all documents
      necessary in connection with any interference, conflict or opposition
      which may be declared concerning the Patent Applications or continuation
      or division or divisions thereof and to co-operate with the Assignee in
      every way possible in obtaining evidence and going forward with such
      interference, conflict or opposition.

	 	 
	7. 	
      The Assignor and Salamon agree to perform all affirmative
      acts that may be necessary to obtain a grant of a valid Canadian patents
      to or for the benefit of the Assignee in respect of the Technology,
      including the Assignee’s 99% interest in and to the Patent
      Applications.

	 	 
	8. 	
      The Assignor and Salamon hereby authorize and request the
      Canadian Intellectual Property Office to issue any all patents resulting
      from the Patent Applications or continuation or division or divisions
      thereof to the Assignee as to a 99% interest and to Salamon as to a 1%
      interest, and the Assignor covenants that it has full right to convey the
      99% interest in the Patent Applications herein assigned and that it has
      not executed and will not execute, any agreement in conflict
    herewith.

	 	 
	9. 	
      This Agreement will enure to the benefit of the Assignee
      and its successor companies and will be binding upon the Assignor and its
      successor companies and upon Salamon and his heirs, personal
      representatives and permitted assigns.

	 	 
	10. 	
      The Assignor and Salamon will sign and deliver all other
      documents, do or cause to be done all other acts and things, and give all
      other assurances that may be necessary to give full effect to the
      provisions and intent of this Agreement.

	 	 
	11. 	
      This Agreement will be governed by and construed in
      accordance with the laws of British Columbia.

IN WITNESS WHEREOF the Assignor and Salamon have signed and
delivered this Agreement to have effect from the date set out on page one of
this Agreement. 

SPACE GLOBE TECHNOLOGIES LTD. 

	Per: 	/s/
      John E. Salamon 	 
	  	Authorized Signatory 	 

- 4 - 

	WITNESS: 	) 	  
	  	) 	  
	  	) 	  
	Name 	) 	  
	  	) 	  
	Address 	) 	  
	  	) 	/s/
      John E. Salamon 
	  	) 	JOHN E. SALAMON 
	  	) 	  
	Occupation 	) 	  

Acknowledged and agreed to this 28th day of June,
2007 

SALAMON GROUP, INC. 

	Per: 	/s/
      Bruce Larway 	 
	  	Authorized Signatory 	 

 SCHEDULE “A” TO 

  THE ASSIGNMENT DATED JUNE 29, 2007 BY 

  SPACE GLOBE TECHNOLOGIES LTD. 

  AND JOHN E. SALAMON 

 Royalty Payments on Sales of Products Derived from Patent
  Applications 

	
1. 		
All capitalized terms not defined in this Schedule “A” will have the meanings given to them in the assignment agreement dated June 29, 2007 by Space Globe Technologies Ltd. (the “Royalty Holder”) and
John E. Salamon (the “Assignment”) to which this Schedule “A” is attached.

	
	 	 
	
2. 		
Salamon Group, Inc. (the “Company”) agrees to pay to the Royalty Holder a One-Half Cent in United States Dollars (US$0.005) royalty (a “Royalty” or “Royalties”) for every One
United States Dollar received from the sale of any and all products based upon or derived from the Technology (“Products) as sold anywhere in the world and whether sold by the Company directly or by or through any of its subsidiaries,
licensees, distributors or other entity to which the Company has or may in future grant, give, assign, or otherwise transfer any interest whatsoever in the Technology.

	
	 	 
	
3. 		
The Company will pay the Royalties to Royalty the Holder within forty-five (45) days of the end of each financial quarter of the Company in which the Royalties were earned.

	
	 	 
	
4. 		
Where sales of any Products are in a currency other than United States dollars, the value of that sale will be converted into United States dollars using the exchange rated quoted by the Bank of Montreal on the last business day
in Vancouver, British Columbia of the financial quarter of the Company in which the Royalties applicable to such sales were earned.

	
	 	 
	
5. 		
Where any sale of a Product is made and the Company either is unable to recover payment for the Product delivered or subsequently the purchase price of the Product is refunded to the purchaser due to a problem with the Product
delivered, the sale will not be included for the purpose of calculating the Royalties payable to the Royalty Holder, and where payment of Royalties have already been made relative to that sale, the Company will make appropriate adjustment on the
quarterly payment of Royalties next following the write-off of the receivable or the making of the refund, as the case may be.

	
	 	 
	
6. 		
The Company will use commercially reasonable efforts to commence commercial exploitation of the Technology.

	
	 	 
	
7. 		
The Company will keep proper books of account in accordance with United States generally accepted accounting principles, accurately reflecting all products manufactured and sold using the Technology and all other economic benefits
derived by the Company from the use and exploitation of the Technology.

	
	 	 
	
8. 		
The Company will make its books of account available for inspection by the Royalty Holder at the principal business office of the Company at all reasonable times.

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