Document:

DISCLOSURE SCHEDULE

 EXHIBIT 10.4 
  
 DISCLOSURE SCHEDULE 
  
 to 
  
 SECURITIES PURCHASE AGREEMENT (the “Agreement”) 
  
 by and among 
  
 FIRST AVENUE NETWORKS, INC. 
  
 and 
  
 THE PURCHASERS
NAMED THEREIN 
  
 Dated as of December 14, 2004

  
 This Disclosure Schedule is divided into sections which
are numbered to correspond to the sections of the Agreement. Each section herein qualifies the corresponding numbered representation and warranty or covenant in the Agreement and such other representations and warranties or covenants in the
Agreement. Any capitalized term used but not otherwise defined herein shall have the meanings ascribed to them in the Agreement. Nothing contained in this Disclosure Schedule should be construed by any Person as an admission of the Company’s
liability or responsibility in connection with any pending or threatened matter or proceeding. 

 Section 3.4: Capitalization 
  
 Upon the consummation of the Teligent Acquisition, we will issue an additional 25,194,647 shares of Common Stock as well as warrants to
purchase 2,519,464 shares of Common Stock. 
  
 Upon the consummation of the sale
of the Shares and Warrants pursuant to this Securities Purchase Agreement (the “Private Placement”) and pursuant to a Master Private Placement Engagement Letter (the “Engagement Letter”), dated as of November 24, 2004 between the
Company and Tejas Securities Group, Inc. (“Tejas”), we will issue to Tejas in exchange for $100.00 warrants to purchase a number of shares of Common Stock equal to 200,000 for each 1,000,000 shares of Common Stock purchased in the Private
Placement. 
  
 Section 3.6: Litigation 
  
 In April 2001, we sought to reorganize our business under Chapter 11 of the Bankruptcy Code
in the United States Bankruptcy Court for the District of Delaware (“Court”). We developed a Joint Plan of Reorganization (“Plan”) that was approved by the Court on October 31, 2001. On December 20, 2001, the Plan was effective
and we emerged from the proceedings under Chapter 11 of the United States Bankruptcy Code pursuant to the terms of the Plan. 
  
 Section 3.10(a): Financial Statements; Indebtedness. 
  
 In accordance with Statement of Financial Accounting Standards No. 145, “Rescission of FASB Statements No. 4, 44, and 64, Amendment of FASB Statement No. 13, and
Technical Corrections” (SFAS 145), we may reclassify $128,891,000 gain on early extinguishment of debt from an extraordinary item to reorganization item for the year ended December 31, 2001. If this reclassification is made it will have no
impact on previously reported net loss or basic and diluted net loss per share. 
  
 Section 3.10(b): Financial Statements; Indebtedness. 
  
 The
Indebtedness reflected in the Balance Sheet at September 30, 2004, will have increased to $14,313,868 at December 14, 2004. 
  
 Section 3.14(b): No Material Adverse Changes. 
  
 Asset Purchase Agreement between the Company and Teligent, Inc., dated as of November 8, 2004. 
  
 Section 3.14(c): No Material Adverse Changes. 
  
 The Indebtedness reflected in the Balance Sheet at September 30, 2004, will have increased to $14,299,811 at December 10, 2004. 

 
 Section 3.14(e): No Material Adverse Changes. 
  
 On December 8, 2004, the Board of Directors of the Company approved an amendment to the
By-Laws of the Company authorizing the Board of Directors to appoint non-voting members to the Board of Directors (“Non-voting Board Members”). Such Non-voting Board Members shall have the right to receive notice of any meeting of the
Board of Directors and to participate in, but not to vote at, all such meetings, and shall be entitled to indemnification and exculpation to the same extent directors of the Company are entitled thereto. 

 Section 3.14(f): No Material Adverse Changes. 
  
 Master Private Placement Engagement Letter between the Company and Tejas Securities Group, Inc., dated as of November 24, 2004. 

 
 Asset Purchase Agreement between the Company and Teligent, Inc., dated as of November 8,
2004. 
  
 Section 3.15: Tax Returns and Payments 
  
 Prior to filing for Bankruptcy, the Company failed to file personal property returns in a
variety of jurisdictions in locations where the Company had equipment. The Company also failed to pay use tax related to equipment purchased in 1997. The Company has accrued $3.8 million which is reported in its September 30, 2004 balance sheet as
an estimate of the Company’s exposure for these unpaid tax claims. 
  
 On
November 13, 2003, the Company was notified that its December 31, 2002 tax return has been selected for audit by the United States Internal Revenue Service. On November 25, 2003, the Company provided the IRS examiner with all of the information that
he requested. On January 14, 2004, the examiner indicated verbally that he did not plan to do anything else with respect to the audit and that the Company may or may not be notified of the closure of the audit. 
  
 Section 3.16: Subsidiaries 
  
 The Company has the following subsidiaries: 
  
 DCT Communications, Inc. 
 ART Licensing Corp. 
 ART Leasing, Inc. 
 First Avenue Licenses, LLC 
 Big Creek System, LLC 
  
 The holders of the Indebtedness hold a security interest in all assets of the Company including the stock of its subsidiaries. 
  
 Section 3.19(a): Regulatory Matters; Authorizations 
  
 Early in 2004 the Company was contacted telephonically by the FCC regarding eleven of its
licenses with respect to which the Company entered leases prior to the effective date of the rules adopted by the FCC’s First Report and Order in the Secondary Market Initiative (FCC-03-113) released October 6, 2003. The matter is still
considered pending at the FCC. If the FCC were to take any action against a licensee for a rule violation, it would issue a written Notice of Apparent Liability or a Notice of Violation to the licensee. The Company has not received any such notice
from the FCC. 
  
 Section 3.19(b): Regulatory Matters; Compliance with Law

  
 See disclosure under Section 3.19(a). 
  
 Section 3.21: ERISA 
  
 The Company maintains a 401(k) Plan for the benefit of its employees. 

 Section 3.25: Brokers 
  
 Upon the consummation of the Private Placement and pursuant to the Engagement Letter, we will pay to Tejas a fee equal to 4% of the gross proceeds received by the Company
in the Private Placement and reimburse Tejas for expenses up to $125,000 and for legal fees (including expenses) up to $100,000. 
  
 Section 3.27: Intellectual Property 
  
 On November 8, 2004, the Company signed an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Teligent, Inc. (“Teligent”) for the
acquisition of substantially all of the assets and fixed broadband wireless operations of Teligent (the “Acquisition”). Pursuant to such Asset Purchase Agreement, it is contemplated that the Company will acquire Teligent’s 24 GHz
spectrum licenses, radio assets and fixed wireless operations, including an operational cellular backhaul network in New York City. The terms and conditions of the Asset Purchase Agreement are subject to FCC and other regulatory approvals. The
Company has not consummated the transaction contemplated in the Asset Purchase Agreement and thus does not, as of the date hereof, own, license, lease or have any ownership rights in any of the assets to be acquired pursuant to the Asset Purchase
Agreement. 
  
 Section 3.29: Registration Rights 
  
 The Second Amended and Restated Registration Rights Agreement (the “Second Amended and
Restated Rights Agreement”) by and among First Avenue Networks, Inc. and the Persons listed on the signature pages thereto, dated as of December     , 2004. 
  
 Upon consummation of the Acquisition and pursuant to the Asset Purchase Agreement, the Company will amend and restate its Second Amended and
Restated Rights Agreement and enter into a Registration Rights Agreement in substantially the form attached to the Asset Purchase Agreement as Exhibit H. 
  
 Section 3.30: Transactions with Affiliates and Employees 
  
 Mr. Neil Subin, a member of our Board of Directors, periodically serves as a consultant to Aspen Partners – Series A regarding its investments, including its
holdings in the Company. Aspen Partners - Series A, together with its affiliates, owns approximately 20% of the Company’s Common Stock and is a majority stockholder of Teligent, Inc. On November 8, 2004, the Company entered into an Asset
Purchase Agreement with Teligent, Inc. pursuant to which the Company will acquire the fixed wireless assets of Teligent, Inc., including Teligent, Inc.’s portfolio of 24GHz licenses and its fixed wireless operations and radio inventories, in
exchange for 25,194,647 shares of Common Stock of the Company as well as warrants to purchase 2,519,464 shares of Common Stock of the Company. 
  
 Dr. Rajendra Singh, a non-voting member of our Board of Directors, is a director of Teligent and owns warrants to purchase shares of Teligent common stock (the
“Teligent Warrants”). Upon consummation of the Acquisition, Mr. Singh’s Teligent Warrants will be terminated and he will be issued a warrant to purchase 2,519,464 shares of Common Stock.Consulting Agreement dated July 29, 2004

 EXHIBIT 10.18 
 CONSULTING AGREEMENT 
  
 This Consulting Agreement (“Agreement”) is entered into by and between SeraCare Life Sciences, Inc. (the “Company”) and Burdick Management, Inc. (“Consultant”), as of the l9th day of August 2004. 
  
 I.    ENGAGEMENT. 
  
 The Company hereby engages Consultant and Consultant hereby accepts such
engagement, upon the terms and conditions hereinafter set forth, from August 19th, 2004, to and including August 31,
2006, subject to earlier termination as set forth in Section IV. 
  
 II.    SERVICE. 
  
 A.    Consultant agrees to assign Jerry L. Burdick as the operative consultant for this Agreement. As such, Consultant agrees that Mr. Jerry L. Burdick shall perform consulting services on a non-exclusive basis during
the course of his engagement under this Agreement as an Advisor to the Chief Executive Officer (“CEO”) of the Company, and shall perform such services as the CEO of the Company shall reasonably request from time to time. 
  
 B.    Consultant agrees to devote sufficient time and
energy to the business of the Company to accomplish projects assigned by the CEO. It is agreed that such projects may be completed at the Company’s facilities or at Consultants home and that no more than 50% of Consultants time will be required
to be spent on the East Coast. It is the intention of the Company and Consultant that Consultant will serve as an independent contractor to the Company and not as an employee. With respect to the services provided by Consultant, the Company shall
not have any direction or control over the method or means of Consultant’s work. 
  
 C.    For the term of this Agreement, Consultant shall report to the CEO of the Company or his designee. 
  
 III.    COMPENSATION. 
  
 The Company will pay to Consultant (or any entity designated by Consultant) a retainer fee of $10,000.00 per month on the first day of each month (except
for the first payment which shall be due on August 31, 2004 and will be in the amount of $3,500.00) plus $50.00 per hour for hours worked on behalf of the Company. It is agreed that Consultant will be compensated 8 hours each way for travel to East
Coast locations. The Company will also reimburse Consultant for all expenses incurred in connection with authorized projects including mileage. The hours worked and reimbursable expenses will be submitted at the end of each month and shall be paid
by the Company within fifteen (15) days of receipt. Consultant agrees that he will be solely responsible for any taxes due as a result of payments received from the Company and Consultant will defend and indemnify the Company from and against any
and all losses or liabilities, including defense costs, arising out of Consultant’s failure to pay any taxes due with respect to such payments. 
  
 IV.    TERMINATION. 
  
 A.    Termination by the Company.    The Company may terminate Consultant’s engagement at any time,
with or without Cause, upon written notice. 
  
 B.    Termination by the Consultant.    Consultant may terminate Consultant’s engagement at any time, with or without cause, upon written notice. 
  
 C.    Obligations of the Company Upon Termination.

  
 1.    Termination by
the Company for Cause, Death or Disability.    If Consultant’s engagement is terminated by the Company for Cause, or for the death or Disability of Jerry Burdick, this Agreement shall 

 
terminate without further obligations to Consultant under this Agreement, other than for payment of Consultant’s fee through the date of termination to
the extent not theretofore paid, which shall be paid to Consultant in a lump sum in cash within ten (10) days of the date of termination. 
  
 2.    Termination by the Company without Cause.    If Consultant’s engagement is
terminated by the Company without Cause (and other than for the death or Disability of Jerry Burdick), this Agreement shall terminate without further obligations to Consultant under this Agreement, except that the Company shall be required to
continue to pay the monthly retainer to Consultant set forth in Section III through August 31, 2006, such payments to be made on a monthly basis as set forth in Section III. 
  
 3.    Termination by the Consultant.    If Consultant’s
engagement is terminated by Consultant, this Agreement shall terminate without further obligations of the Company to Consultant other than for the payment of Consultant’s fee through the date of termination to the extent not theretofore paid,
which shall be paid to Consultant in a lump sum in cash within ten (10) days of the date of termination. 
  
 4.    Exclusive Remedy.    Consultant agrees that the payments contemplated by this
Agreement shall constitute the exclusive and sole remedy for any termination of Consultant’s engagement and Consultant covenants not to assert or pursue any other remedies, at law or in equity, with respect to any termination of the engagement.

  
 5.    Definitions used
in Section IV. 
  
 i.    For purposes of this Agreement, “Cause” means that the Company, acting in good faith based upon the information then known to the Company, determines that Jerry Burdick has engaged in or committed: theft,
fraud or other illegal conduct; refusal or unwillingness to perform his duties, which refusal or unwillingness is not cured within fifteen (15) days of written notice to Consultant; or breach of any term of this Agreement, which breach is not cured
within fifteen (15) days of written notice to Consultant. 
  
 ii.    For purposes of this Agreement, “Disability” means a physical or mental impairment lasting at least sixty consecutive days, which, in the reasonable judgment of the Company,
renders Jerry Burdick unable to perform one or more of the material obligations of Consultant under this Agreement. 
  
 V.    ARBITRATION. 
  
 Any controversy or claim arising out of or relating to Consultant’s engagement including but not limited to claims based upon (i) common law, (ii)
federal, state, or local statutes, regulations, or ordinances, and (iii) this Agreement, its enforcement or interpretation, or because of an alleged breach, default, or misrepresentation in connection with any of its provisions, shall be submitted
to arbitration, to be held in Oceanside, California in accordance with California Civil Procedure Code §§ 1282-1284.2. In the event either party institutes arbitration under this Agreement, the party prevailing in any such litigation shall
be entitled, in addition to all other relief, to reasonable attorneys’ fees relating to such arbitration, including attorneys’ fees incurred in any proceeding to compel arbitration. The nonprevailing party shall be responsible for all
costs of the arbitration, including but not limited to, the arbitration fees, court reporter fees, etc. 
  
 VI.    ANTISOLICITATION. 
  
 Consultant promises and agrees that he will not, during his engagement and for a period of one year following termination of his engagement or the expiration of this Agreement, influence or attempt to influence
customers of the Company or any of its present or future subsidiaries or affiliates, either directly or indirectly, to divert their business to any individual, partnership, firm, corporation or other entity then in competition with the business of
the Company, or any subsidiary or affiliate of the Company. 
  
 VII.    SOLICITING EMPLOYEES. 
  
 Consultant promises and agrees that he will not, during his engagement and for a period of one year following termination of his engagement or the expiration of this Agreement, directly or indirectly solicit any of 

  

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the Company employees who earned annually $25,000 or more as a Company employee during the last six months of his or her own employment to work for any
business, individual, partnership, firm, corporation, or other entity then in competition with the business of the Company or any subsidiary or affiliate of the Company. 
  
 VIII.    CONFIDENTIAL INFORMATION. 
  
 A.    Consultant, in the performance of Consultant’s services on behalf of the Company, may have
access to, receive and be entrusted with confidential information, including but in no way limited to development, marketing, organizational, financial, management, administrative, production, distribution and sales information, data, specifications
and processes presently owned or at any time in the future developed, by the Company or its agents or consultants, or used presently or at any time in the future in the course of its business that is not otherwise part of the public domain
(collectively, the “Confidential Material”). All such Confidential Material is considered secret and will be available to Consultant in confidence. Except in the performance of services on behalf of the Company, Consultant shall not,
directly or indirectly for any reason whatsoever, disclose or use any such Confidential Material, unless such Confidential Material ceases (through no fault of Consultant’s) to be confidential because it has become part of the public domain.
All records, files, drawings, documents, equipment and other tangible items, wherever located, relating in any way to the Confidential Material or otherwise to the Company’s business, which Consultant prepares, uses or encounters, shall be and
remain the Company’s sole and exclusive property and shall be included in the Confidential Material. Upon termination of this Agreement by any means, or whenever requested by the Company, Consultant shall promptly deliver to the Company any and
all of the Confidential Material, not previously delivered to the Company, that may be or at any previous time has been in Consultant’s possession or under Consultant’s control. 
  
 B.    Consultant hereby acknowledges that the sale or unauthorized use or disclosure of any of the
Company’s Confidential Material by any means whatsoever and any time before, during or after Consultant’s engagement with the Company shall constitute Unfair Competition. Consultant agrees that Consultant shall not engage in Unfair
Competition either during the time engaged by the Company or any time thereafter. 
  
 IX.    INDEPENDENT CONTRACTOR STATUS. 
  
 The parties intend Consultant to be an independent contractor in the performance of these services. Consultant is not an employee, agent, partner, or joint venturer of or with Company. Nothing in this Agreement shall
be interpreted or construed as creating or establishing the relationship of employer and employee between Consultant and Company or any employee or agent of Consultant. 
  
 A.    Consultant shall have the right to control and determine the method and means of performing the
above services; Company shall not have the right to control or determine such method or means, being interested only in the results obtained, and having the general right of inspection and supervision in order to secure the satisfactory completion
of such services. 
  
 B.    Consultant shall
not be entitled to participate in any vacation, medical, retirement, or other fringe benefit of Company and shall not make claim of entitlement to any such employee program or benefit. 
  
 C.    Consultant and Company agree that Consultant is not an employee for state or federal tax purposes.
Consultant shall be solely responsible for the payment of withholding taxes, FICA, Medicare, disability, and other such tax deductions on any earnings or payments made and Company shall withhold no such payroll tax deductions from any payments due.
Consultant agrees to defend, indemnify hold harmless Company from any claim or assessment by any taxing authority arising from this paragraph. 
  
 D.    Consultant is not entitled to worker’s compensation benefits or unemployment compensation benefits provided by Company.
Consultant shall be solely responsible for the payment of his/her worker’s compensation, unemployment compensation, and other such payments. Company will not pay for worker’s compensation for Consultant. Company will not contribute to a
state unemployment fund for Consultant, and Company will not pay the federal unemployment tax for Consultant. 
  

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 E.    Consultant and Company agree that Consultant shall not be subject to the
provisions of any personnel policy or rules and regulations applicable to employees, as the Consultant shall fulfill his/her responsibility independent of and without supervisory control by Company. 
  
 X.    HONEST AND FAITHFUL SERVICE. 
  
 Consultant agrees to honestly and faithfully present and conduct himself at
all times during the performance of services for the Company. Consultant agrees to perform the responsibilities in a diligent, timely, and competent manner. Consultant agrees to truthfully and faithfully account for and deliver to Company all
monies, materials, securities, and other property belonging to Company which Consultant may receive from or on account of Company, and that upon Consultant’s termination or Company demand Consultant will immediately deliver to Company all such
property belonging to Company. 
  
 XI.    SUCCESSORS.

  
 A.    This Agreement is personal to
Consultant and shall not, without the prior written consent of the Company, be assignable by Consultant. 
  
 B.    This Agreement shall inure to the benefit of and be binding upon the Company and its successors, assigns or purchasers and any
such successor, assignee or purchaser shall be deemed substituted for the Company under the terms of this Agreement for all purposes. As used herein, “successor” and “assignee” shall include any person, firm, corporation or other
business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly acquires the stock of the Company, a majority of the assets of the Company, or to which the Company assigns this Agreement by operation of law or
otherwise. In the event that this Agreement is not assigned and assumed in writing by such successor or assignee at or before the closing of such transaction, the remaining amount due under this agreement through August 31, 2006 shall become
immediately due and payable at the closing. 
  
 XII.    WAIVER. 
  
 No waiver
of any breach of any term or provision of this Agreement shall be construed to be, nor shall be, a waiver of any other breach of this Agreement. No waiver shall be binding unless in writing and signed by the party waiving the breach. 
  
 XIII.    MODIFICATION. 
  
 This Agreement may not be amended or modified other than by a written
agreement executed by Consultant and the Company. 
  
 XIV.    SAVINGS CLAUSE. 
  
 If any provision of this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or applications of the Agreement which can be given effect without the invalid provisions or applications and to
this end the provisions of this Agreement are declared to be severable. 
  
 XV.    COMPLETE AGREEMENT. 
  
 This Agreement constitutes and contains the entire agreement and final understanding concerning Consultant’s relationship with the Company and the other subject matters addressed herein between the parties. It is intended by the
parties as a complete and exclusive statement of the terms of their agreement. It supersedes and replaces all prior negotiations and all agreements proposed or otherwise, whether written or oral, concerning the subject matter hereof. Any
representation, promise or agreement not specifically included in this Agreement shall not be binding upon or enforceable against either party. This is a fully integrated agreement. 
  

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 XVI.    GOVERNING LAW. 
  
 This Agreement shall be deemed to have been executed and delivered within the State of California, and the rights and
obligations of the parties hereunder shall be construed and enforced in accordance with, and governed by, by the laws of the State of California without regard to principles of conflict of laws. 
  
 XVII.    CONSTRUCTION. 
  
 Each party has cooperated in the drafting and preparation of this Agreement.
Hence, in any construction to be made of this Agreement, the same shall not be construed against any party on the basis that the party was the drafter. The captions of this Agreement are not part of the provisions hereof and shall have no force or
effect. 
  
 XVIII.    EXECUTION. 
  
 This Agreement is being executed in one or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and the same instrument. Photographic copies of such signed counterparts may be used in lieu of the originals for any purpose. 
  
 In witness whereof, the parties hereto have executed this Agreement as of the
date first above written. 
  

							
	 	 	SeraCare Life Sciences, Inc.:	    	Burdick Management, Inc:
			
	 By
	 	 /s/    MICHAEL F. CROWLEY,
JR.        

	    	 /s/    JERRY
L.BURDICK        

	 Its
	 	CEO	    	 By:
	 	Jerry L.Burdick
	 	 	 	    	 Its:
	 	President

  

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