Document:

Vicis
      Capital Master Fund

    Tower
      56,
      Suite 700

    126
      E.
      56th Street, 7th Floor

    New
      York,
      NY 10022

    Phone:
      (212) 909-4600

    Fax:
      (212) 909-4601

    

    August
      13, 2007

     

    Medical
      Media Television, Inc.

    8406
      Benjamin Road, Suite C

    Tampa,
      Florida 33634

    Attn:
      Mr.
      Philip M. Cohen

    

    PetCare
      Television Network, Inc.

    8406
      Benjamin Road, Suite C

    Tampa,
      Florida 33634

    Attn:
      Mr.
      Philip M. Cohen

    

    KidCare
      Medical Television Network, Inc.

    8406
      Benjamin Road, Suite C

    Tampa,
      Florida 33634

    Attn:
      Mr.
      Philip M. Cohen

    

    African
      American Medical Network, Inc.

    8406
      Benjamin Road, Suite C

    Tampa,
      Florida 33634

    Attn:
      Mr.
      Philip M. Cohen

    

    
      	 	
              Re:

            	
              Proposal
                to Accept Collateral in Partial Satisfaction of
                Debt

            

    

     

    Dear
      Mr.
      Cohen:

     

    Reference
      is made to (i) those certain debt instruments listed on Schedule
      1
      attached
      hereto (the “Notes”) issued by Medical Media Television, Inc. (“MMTV”) in favor
      of Vicis Capital Master Fund (“Vicis”), (ii) that certain Security Agreement
      dated as of February 1, 2007 executed by MMTV in favor of Vicis (the “MMTV
      Security Agreement”), (iii) that certain Stock Pledge and Escrow Agreement dated
      as of February 1, 2007 executed by MMTV in favor of Vicis (the “Pledge
      Agreement”), (iv) those certain Guaranty Agreements (the “Guaranties”) dated as
      of February 1, 2007 executed by each of PetCare Television Network, Inc.
      (“PetCare”), KidCare Medical Television Network, Inc. (“KidCare”), African
      American Medical Network, Inc. (“African American” and, together with PetCare
      and KidCare, the “Guarantors”) in favor of Vicis and (v) those certain Guarantor
      Security Agreements (the “Guarantor Security Agreements” and, together with the
      Notes, the MMTV Security Agreement, the Pledge Agreement and the Guaranties,
      the
“Loan Documents”) dated as of February 1, 2007 executed by each of the
      Guarantors. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    MMTV
      and
      the Guarantors are in default under the Loan Documents for, among other things,
      failing to make payment to Vicis as required by the Loan Documents. As of July
      31, 2007, the amount owing by MMTV and the Guarantors to Vicis under the Notes
      and otherwise is $3,076,057.47, which amount shall increase from and after
      the
      date of this letter in accordance with the terms of the Loan Documents (such
      amount referred to herein as the “Debt”). The Debt is secured by a properly
      perfected first priority security interest in all of MMTV’s and the Guarantors’
assets.

     

    Pursuant
      to Section 679.620 of the Florida Statutes, Vicis hereby proposes to accept
      the
      collateral listed on Schedule
      2
      attached
      hereto (the “Collateral”) in partial satisfaction of the Debt in the amount of
      $1,764,668.00. Vicis hereby directs MMTV to deliver the Collateral to Care
      Media
      Holdings Corp. (“Care Media”) and take such further actions described in the
      attached Agreement, Acknowledgment and Consent.

     

    The
      acceptance by Vicis of the Collateral in partial satisfaction of the Debt shall
      be effective August 13, 2007 if MMTV signs the attached Agreement,
      Acknowledgment and Consent and returns it to us by August 13, 2007.

     

    MMTV's
      consent and any objections should be sent to our address at the top of this
      letter.

     

    If
      you
      have any questions, you may call us at the telephone number indicated
      above.

    
      	 	 	 
	 	 	
              Sincerely,

              

              Vicis
                Capital Master Fund

              By:
                Vicis Capital LLC

            
	 
 	 
 	 
 
	
            	
            	/s/ Keith Hughes
	 	
              
By:
              Keith Hughes
	 	Its: Chief Financial
              Officer

    

     

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    AGREEMENT,
      ACKNOWLEDGMENT AND CONSENT

    

    MMTV
      and
      the Guarantors hereby (i) acknowledge, agree and reaffirm that (a) the Loan
      Documents constitute legal, valid and binding obligations of MMTV and the
      Guarantors, enforceable against each of them in accordance with their terms,
      (b)
      MMTV and the Guarantors are liable, without defense, offset or counterclaim
      of
      any kind or nature to Vicis in an amount equal to the Debt and (c) the Debt
      is
      secured by a properly perfected first priority security interest in all of
      the
      assets of MMTV and the Guarantors, (ii) acknowledge and agree that MMTV and
      the
      Guarantors are in default under the Loan Documents (iii) waive any notice
      required (or any noncompliance with any notice requirement) under the Florida
      Statues.

     

    Each
      of
      MMTV and the Guarantors does hereby release and forever discharge Care Media,
      Vicis and (a) all affiliates, subsidiaries (direct and indirect), parent
      companies (direct and indirect) and controlling persons of Care Media and Vicis,
      (b) all present and former officers, directors, stockholders, partners,
      employees, attorneys, agents and other representatives of Care Media, Vicis
      and
      each of the persons and entities referenced in clause (a), and (c) all
      predecessors, successors, successors-in-interest, assigns, heirs, executors,
      administrators and representatives of Care Media, Vicis and the persons and
      entities referenced in either of clauses (a) or (b), from any and all
      Claims (as defined below). As used herein, the term “Claims” shall be
      interpreted in it broadest possible sense and shall mean any and all actions,
      causes of action, counterclaims, suits, debts, dues, sums of money, accounts,
      reckonings, bonds, bills, specialties, covenants, contracts, controversies,
      agreements, promises, variances, trespasses, damages, judgments, extents,
      executions, rights, claims, demands, liabilities, losses, rights to
      reimbursement, subrogation, indemnification or other payment, costs or expenses,
      whether in law or in equity, of any nature whatsoever, known or unknown,
      suspected or unsuspected, fixed or contingent, and whether representing a past,
      present or future obligation, that are connected with, arise out of, relate
      to
      or are otherwise based as a whole or in part on any acts, omissions, facts,
      matters, transactions or occurrences prior to the date hereof, directly or
      indirectly relating to any aspect of any of the dealings or relationships
      between MMTV or the Guarantors, on the one hand, and Care Media, Vicis and
      the
      other persons or entities listed in clauses (a)-(c) above, on the other hand.
      Without limiting the generality of the foregoing, the terms “Claims” shall
      include the Loan Documents. Each of MMTV and the Guarantors further agrees
      not
      to exercise any right or remedy or take any action whatsoever (whether directly
      or indirectly, individually or in participation with others) against Care Media,
      Vicis and the other persons or entities listed in clauses (a)-(c) above with
      respect to the Claims.

     

    MMTV
      and
      the Guarantors further agree to execute such further documents and perform
      such
      further acts as may be reasonably necessary to effect the transfer of Collateral
      to Care Media, including, without limitation, (a) executing a transfer and
      assignment of the MMTV mark in a form reasonably acceptable to Vicis and Care
      Media, (b) executing a joint instruction to escrow agent in order to release
      the
      PetCare and KidCare stock certificates from escrow under the Pledge Agreement
      and delivering same, duly endorsed for transfer or with duly executed stock
      powers attached, together with any applicable stamp taxes or transfer fees,
      and
      (c) delivering all books and records of PetCare and KidCare in the possession
      of
      MMTV to Care Media.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    By
      signing below, MMTV and the Guarantors agree to the foregoing and consent to
      Vicis’s acceptance of the Collateral in partial satisfaction of the Debt as
      described in this letter. MMTV and the Guarantors understand that they will
      continue to be indebted to Vicis under certain other instruments after Vicis
      has
      accepted the Collateral in partial satisfaction of the Debt.

     

    Dated
      this 13th day of August, 2007.

     

    
      	 	 	 
	 	 	MEDICAL MEDIA TELEVISION,
              INC. 
	 
 	 
 	 
 
	
            	
            	/s/ Philip M. Cohen
	 	
              

              Philip
                M. Cohen

              President
                and Chief Executive Officer

            

    

     

    
      	 	 	 
	 	 	
              GUARANTORS:

              

              PETCARE
                TELEVISION NETWORK, INC. 

            
	 
 	 
 	 
 
	
            	
            	/s/ Philip M. Cohen
	 	
              

              Philip
                M. Cohen

              President
                and Chief Executive Officer

            

    

     

    
      	 	 	 
	 	 	KIDCARE MEDICAL TELEVISION NETWORK,
              INC.  
	 
 	 
 	 
 
	
            	
            	/s/ Philip M. Cohen
	 	
              

              Philip
                M. Cohen

              President
                and Chief Executive Officer

            

      	 	 	 
	 	 	AFRICAN AMERICAN MEDICAL NETWORK,
              INC. 
	 
 	 
 	 
 
	
            	
            	/s/ Philip M. Cohen
	 	
              

              Philip
                M. Cohen

              President
                and Chief Executive Officer

            

    

    
      

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    SCHEDULE
      1

    

    THE
      NOTES

    

    
      	
              Note

            	 	
              Principal
                Amount

            	 	
              Accrued
                and Unpaid Interest1

            	 	
              Total
                Value2

            	 
	
              15%
                Series B Convertible Debenture Due May 5, 20073 

            	 	
              $

            	
              250,000.00

            	 	 	
              85,000

            	 	
              $

            	
              335,000.00

            	 
	
              10%
                Secured Convertible Promissory Note Due August 11, 20074 

            	 	
              $

            	
              1,302,000.00

            	 	 	
              127,668

            	 	
              $

            	
              1,429,668.00

            	 
	
              10%
                Secured Convertible Promissory Note Due August 11, 20075 

            	 	
              $

            	
              250,000.00

            	 	 	
              12,431

            	 	
              $

            	
              262,431.00

            	 
	
              10%
                Secured Convertible Promissory Note Due August 11, 20076 

            	 	
              $

            	
              200,000.00

            	 	 	
              4,167

            	 	
              $

            	
              204,167.00

            	 
	
              10%
                Secured Convertible Promissory Note Due August 11, 20077 

            	 	
              $

            	
              200,000.00

            	 	 	
              2,500

            	 	
              $

            	
              202,500.00

            	 
	
              10%
                Secured Convertible Promissory Note Due August 11, 20078 

            	 	
              $

            	
              200,000.00

            	 	 	
              1,722

            	 	
              $

            	
              201,722.00

            	 
	
              10%
                Secured Convertible Promissory Note Due August 11, 20079 

            	 	
              $

            	
              325,000.00

            	 	 	
              0

            	 	
              $

            	
              325,000.00

            	 
	
              TOTAL

            	 	
              $

            	
              2,727,000.00

            	 	 	
              233,488

            	 	
              $

            	
              2,960,488.00

            	 

    

     

    OTHER
      DEBT

    

    
      	
              Accrued
                and Unpaid Interest on Prior Bridge Loans

            	 	
              $

            	
              72,909.47

            	 
	
              Liquidated
                Damages under Registration Rights Agreement

            	 	
              $

            	
              42,660.00

            	 

    

    

    
      

    

    
      1
        At July
        31, 2007.

       

      2
        At July
        31, 2007.

       

      3
        Issued
        May 5, 2005.

       

      4
        Issued
        August 11, 2006.

       

      5
        Issued
        February 1, 2007.

       

      6
        Issued
        May 16, 2007.

       

      7
        Issued
        June 15, 2007.

       

      8
        Issued
        June 29, 2007.

       

      9
        Issued
        July 31, 2007.

    

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    SCHEDULE
      2

    

    THE
      COLLATERAL

    

    	1.  	
            All
              rights title and interest of MMTV in the 1,000 shares of common stock
              of
              KidCare represented by share certificate no. 1, which is held by Quarles
              and Brady LLP as escrow agent pursuant to the Pledge
              Agreement.

          

    

    	2.  	
            All
              rights title and interest of MMTV in the 1,000 shares of common stock
              of
              PetCare represented by share certificate no. 1, which is held by Quarles
              and Brady LLP as escrow agent pursuant to the Pledge
              Agreement.

          

    

    	3.  	
            All
              rights title and interest of MMTV in the mark “Medical Media Television,
              Inc.” and the goodwill associated with such
              mark.

          

    

    	4.  	
            All
              books and records of PetCare and KidCare held by
              MMTV.

          

    

    

    
      
         

      

      
        6TRADEMARK
      ASSIGNMENT AND AGREEMENT

     

    TRADEMARK
      ASSIGNMENT AND AGREEMENT (this “Assignment”) is made effective as of August 13,
      2007 (the “Effective Date”), by and between VICIS
      CAPITAL MASTER FUND, a sub-trust of the Vicis Capital Master Trust, a trust
      organized under the laws of the Cayman Islands (the “Assignee”), and MEDICAL
      MEDIA TELEVISION, INC., a Florida corporation (the “Assignor”).
      This
      Assignment is made as part of Assignee's acceptance of collateral in partial
      satisfaction of debt owed by Assignor to Assignee.

     

    WHEREAS,
      Assignee owns an interest in the mark “MEDICAL MEDIA TELEVISION, INC.” ("MMTV
      Mark"), and the goodwill of the business symbolized by such mark;
      and

     

    WHEREAS,
      in connection with the partial satisfaction of certain debt owed by Assignor
      to
      the Assignee, Assignee wishes to acquire any interest Assignor may have in
      the
      MMTV Mark and the goodwill associated therewith.

     

    NOW,
      THEREFORE, for good and valuable consideration, the receipt and sufficiency
      of
      which are hereby expressly acknowledged, the parties agree as
      follows:

     

    1. Assignment.
      Assignor hereby assigns and transfers unto Assignee, Assignor’s entire right,
      title and interest in and to the following:

     

    
      	 	(a)	
              The
                MMTV Mark; 

            

      	 	 	 

      	 	(b)	
              All
                logos and phrases
                related to the MMTV Mark; and

            

      	 	 	 

      	 	
              (c)

            	
              The
                goodwill associated with Assignor’s interest in the MMTV
                Mark.

            

    

     

    2. License.
      Assignee hereby grants to Assignor (and all of its assigns) a perpetual,
      non-exclusive, royalty-free license to use the MMTV Mark (the "License");
      provided that the Assignor may only use the MMTV Mark in such manner as is
      consistent with Assignor's past practices prior to the date hereof. Assignee,
      in
      its sole discretion, may revoke this License at any time upon written notice
      (the "Notice") to the Assignor. Within 20 days after the date of the Notice,
      the
      Assignor shall (a) cease use of the MMTV Mark; (b) take all necessary
      action to change its legal name to a name different from Medical Media
      Television, Inc.; and (c) remove from its assets, properties, stationery,
      literature and Internet website any and all references to the MMTV Mark.
      Thereafter, the Assignor shall not, and shall cause its Affiliates to not,
      use
      the MMTV Mark. In the event that the Assignor or any of its Affiliates breach
      this Agreement, the Assignee shall be entitled to specific performance of this
      Section 2 and to injunctive relief against further violations, as well as
      other remedies at law or in equity available.

     

    3. Counterparts.
      This
      Assignment may be signed in one or more counterparts, each of which shall be
      an
      original and all of which shall be considered one and the same agreement, and
      shall become effective when both parties have received a counterpart signed
      by
      the other party.

     

    
      
         

      

      
        1

        
          

        

      

       

    

    IN
      WITNESS WHEREOF, Assignor and Assignee have each caused this Assignment to
      be
      executed by its duly authorized officer as of the date written
      below.

     

    
      	 	 	 
	 	
              VICIS
                CAPITAL MASTER FUND

            
	 	 	
              By:
                Vicis Capital LLC

            
	 
 	 
 	 
 
	
            	By:  	
              /s/
                Shad Stastney

            
	 	
              

              Shad
                Stastney

            
	 	
              Chief
                Operating Officer 

            

    

     

    
      	 	 	 
	 	
              MEDICAL
                MEDIA TELEVISION, INC.

            
	 
 	 
 	 
 
	
            	By:  	
              /s/
                Philip M. Cohen

            
	 	
              

              Philip
                M. Cohen

            
	 	
              President
                and Chief Executive Officer 

            

    

     

    
      
         

      

      
        2

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