Document:

marquezfirstallonge.htm

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    ALLONGE
TO CONVERTIBLE PROMISSORY NOTE

    DATED
FEBRUARY 28, 2006

    

    This Allonge (the “Allonge”), dated as
of December 1, 2006, attached to and forming a part of a Convertible Promissory
Note,, dated February 28, 2006 (collectively, the “Note”), made by ECOLOGY
COATINGS, INC., a California corporation (the “Company”), payable to the order
of CHRIS L. MARQUEZ (the “Holder”), in the original principal amount of
$300,000.

    

    
      	
              1.  

            	
              The
      first paragraph of the Note is hereby amended and restated in its entirety
      as follows:

            

    

    

    FOR
VALUE RECEIVED, ECOLOGY COATINGS, INC., a California corporation
(“Company”),

    Promises
to pay Chris L. Marquez (“Holder”) or his registered assigns,, in lawful
money

    of
the United States of American the principal sum of THREE HUNDRED
THOUSAND

    Dollars
($300,000), or such lesser amount as shall equal the outstanding principal
amount

    Hereof,
together with interest from the date of this Convertible Promissory Note (the
“Note”)

    on
the unpaid principal balance at a rate equal to fifteen percent (15%) per annum,
computed on the basis of the actual number of days elapsed and a year of 365
days.  All unpaid principal,

    together
with any then unpaid and accrued interest and other amounts payable hereunder,
shall be due and payable on the earlier of (i) December 31, 2007 (the “Maturity
Date”), or (ii) when, upon or after the occurrence of an Event of Default (as
defined below), such amounts are declared due and payable by Holder or made
automatically due and payable in accordance

    with
the terms hereof.  This Note is one of a duly authorized series of
Convertible Promissory

    Notes
of the Company that may be issued by the Company from time to time of like
tenor

    And
effect (except for such variations as may be necessary to express the name of
the payee, the number, the date, and the principal amount of each note) each
dated on or after February 28, 2006 (the “Bridge Notes”).

    

    In all
other respects, the Note is confirmed, ratified and approved and, as amended by
this

    Allonge,
shall continue in full force and effect.

    

    IN
WITNESS WHEREOF, the Company and Holder have caused this Second Allonge to be
executed and delivered as of the date and year first above written.

     

    

     

    ECOLOGY COATINGS, INC.

     

    

     

    

     

    By:  /s/ Adam S.
Tracy

     

    Adam S. Tracy, Esq.

     

    Its:           Vice
President

     

    

     

    

     

    Accepted and agreed to:

     

    

     

    

     

    /s/ Chris L
Marquez

     

    CHRIS L. MARQUEZmarquezsecondallonge.htm

    SECOND ALLONGE TO
CONVERTIBLE
PROMISSORY NOTE
DATED FEBRUARY 28, 2006

This Second Allonge (the Second Allonge) dated as of July 26, 2007, attached to and forming a part of the Convertible Promissory Note, dated 

    February 28, 2006 (collectively, the Note), made by ECOLOGY COATINGS, INC., a California corporation (the Company), payable to the order of 

    CHRIS L. MARQUEZ (the Holder), in the original principal amount of $300,000.

1.           The first paragraph of the Note is hereby amended and restated in its entirety as follows:

FOR VALUE RECEIVED, ECOLOGY COATINGS, INC., a California corporation (Company), promises to pay to Chris L. Marquez (Holder) or his registered 

    assigns, in lawful money of the United States of America the principal sum of ONE HUNDRED FIFTY THOUSAND Dollars ($150,000), or such lesser amount 

    as shall be equal to the outstanding principal amount hereof, together with interest from the date of this Convertible Promissory Note (the Note) 

    on the unpaid principal balance at a rate equal to fifteen percent (15%) per annum, computed on the basis of the actual number of days elapsed and 

    a year of 365 days. All unpaid principal, together with any then unpaid and accrued interest and other amounts payable hereunder, shall be due and 

    payable on the earlier of (i) December 31, 2007 (the Maturity Date), or (ii) when, upon or after the occurrence of an Event of Default (as defined 

    below), such amounts are declared due and payable by Holder or made automatically due and payable in accordance with the terms hereof. This Note is 

    one of a duly authorized series of Convertible Promissory Notes of the Company that may be issued by the Company from time to time of like tenor and 

    effect (except for such variation as may be necessary to express the name of the payee, the number, the date, and the principal amount of each note) 

    each dated on or after February 28, 2006 (the Bridge Notes).

2.           In all other respects, the Note is confirmed, ratified, and approved and, as amended by this Second Allonge, shall continue in full force 

    and effect.

[This space intentionally left blank]

IN WITNESS WHEREOF, the Company and Holder have caused this Second Allonge to be executed and delivered as of the date and year first above written.

ECOLOGY COATINGS, INC.

By:  /s/ Adam S. Tracy
Adam S. Tracy, Esq.
Its:           Vice President

Accepted and agreed to:

/s/ Chris L Marquez
CHRIS L. MARQUEZjulianoconsulting.htm

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    CONSULTING
SERVICES AGREEMENT

    This Debt
Consulting Services Agreement (hereinafter the "Agreement") is entered this 5th.
day of January, 2009 by and between JAMES M. JULIANO (hereinafter "Consultant")
and ECOLOGY COATINGS, INC. (hereinafter "Client"), a Nevada corporation, with
reference to the following:

    RE CIT A L
S:

    WHEREAS, Client desires to be
assured of the association and services of Consultant in order to avail itself
of Consultant's experience, skills, abilities, knowledge, and background to
facilitate long range strategic planning, and to advise Client in business
and/or financial matters and is therefore willing to engage Consultant upon the
terms and conditions set forth herein.

    WHEREAS, Consultant desires
to be assured, and Client desires to assure Consultant, that, if Consultant
associates with Client and allocates his resources necessary to provide Client
with his services as Client requires and expects, the Consultant will be paid
the consideration described herein and said consideration will be nonrefundable,
regardless of the circumstances.

    WHEREAS, the Consultant
agrees to be engaged and retained by the Client and Client agrees to engage and
retain Consultant upon the terms and conditions set forth herein.

    NOW, THEREFORE, in
consideration of the foregoing, of the mutual promises hereinafter set forth and
for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto agree as follows:

    1.             Engagement. Client hereby
engages Consultant on a non-exclusive basis,

     

    and
Consultant hereby accepts the engagement to become debt Consultant to Client and
to render such advice, consultation, information, and services to the Directors
and/or Officers of Client regarding debt management and financial
counseling.

    2.              Term. The term ("Term") of
this Agreement shall commence on the date

     

    hereof
and continue for one (1) year. The Agreement may be extended upon agreement by
both parties, unless or until the Agreement is terminated. Either party may
cancel this Agreement upon five days written notice in the event either party
violates any material provision of this Agreement and fails to cure such
violation within five (5) days of written notification of such violation from
the other party. Such cancellation shall not excuse the breach or
non-performance by the other party or relieve the breaching party of their
obligation incurred prior to the date of cancellation.

    3.              Due Diligence. Client shall
supply and deliver to Consultant all

    information
relating to the Client's debt as may be reasonably requested by the Consultant
to enable Consultant to provide the consulting services described in paragraph 1
hereof.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    4.              Compensation and Fees. As
consideration for Consultant entering into

     

    this
Agreement, the Client shall pay the Consultant $7,500.00 at the end of each
month during the term of this agreement, regardless of the amount of services
the Consultant renders during the month. The Consultant will also be reimbursed
for all reasonable business expenses the Consultant incurs in the performance of
your consulting services for the Client. The Consultant will not participate in
any employee benefit programs offered by the Client to its employees. The Client
shall not be obligated to pay the Consultant compensation during any period in
which the Consultant is unable to render the services requested because of
sickness, injury, or other disability.

    5.              Exclusivity; Performance;
Confidentiality. The services of Consultant

     

    hereunder
shall not be exclusive, and Consultant and his agents may perform similar or
different services for other persons or entities whether or not they are
competitors of Client. Consultant agrees that he will, at all times, faithfully
and in a professional manner perform all of the duties that may be reasonably
required of Consultant pursuant to the terms of this Agreement. Consultant shall
be required to expend only such time as is necessary to service Client in a
commercially reasonable manner. Consultant does not guarantee that his efforts
will have any impact upon the Client's business or that there will be any
specific result or improvement from Consultant's efforts. Consultant
acknowledges and agrees that confidential and valuable information proprietary
to Client and obtained during his engagement with Client, shall not be, directly
or indirectly, disclosed without the prior express written consent of Client,
unless and until such information is otherwise known to the public generally or
is not otherwise secret and confidential.

    6.              Exculpation of Liability and
Indemnification. All decisions with respect

     

    to
consultations or services rendered by Consultant for transactions negotiated for
and presented to the Client by Consultant shall be those of the Client, and
Consultant shall have no liability with respect to such decisions. In connection
with the services Consultant renders under this Agreement, the Client
indemnifies and holds Consultant harmless against any and all losses, claims,
damages and liabilities and the expense, joint and several, to which Consultant
may become subject and will reimburse Consultant for any legal and other
expenses, including attorney's fees and disbursements incurred by Consultant in
connection with investigating, preparing or defending any actions commenced or
threatened or claim whatsoever, whether or not resulting in the liability,
insofar as such are based upon the information the Client has supplied to
Consultant under this Agreement.

    7.              Independent Contractor. In
his performance hereunder, Consultant shall

     

    be an
independent contractor. Consultant shall complete the services required
hereunder according to his own means and methods of work, shall be in the
exclusive charge and control of Consultant and which shall not be subject to the
control or supervision of Client, except as to the results of the work. Client
acknowledges that nothing in this Agreement shall be construed to require
Consultant to provide services to Client at any specific time, or in any
specific place or manner. Payments to Consultant hereunder shall not be subject
to withholding taxes or other employment taxes as required with respect to
compensation paid to an employee.

    2

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    8.             Arbitration and
Fees. Any
controversy or claim arising out of or relating

     

    to this
Agreement, or breach thereof, may be resolved by mutual agreement; or if not,
shall be settled in accordance with the Arbitration rules of the American
Arbitration Association in Irvine, California. Any decision or award rendered by
the arbitrators shall be binding upon the parties and shall be enforceable as a
judgment in any court of competent jurisdiction. The prevailing party in such
arbitration or other proceeding shall be entitled, in addition to such other
relief as many be granted, to a reasonable sum as and for attorney's fees in
such arbitration or other proceeding which may be determined by the arbitrator
or other officer in such proceeding. If collection is required for any payment
not made when due, the creditor shall collect statutory interest and the cost of
collection, including attorney's fees whether or not court action is required
for enforcement. The prevailing party in any such proceeding shall also be
entitled to reasonable attorneys' fees and costs in connection all appeals of
any judgment.

    9.              Notices. Any notice or other
communication required or permitted

     

    hereunder
must be in writing and sent by either (i) certified mail, postage prepaid,
return receipt requested and First Class mail; or (ii) overnight delivery with
confirmation of delivery; or (iii) facsimile transmission with an original
mailed by first class mail, postage prepaid, addressed as follows:

    If to the
Client:

    Ecology
Coatings

    Address:

    2701
Cambridge Court, Suite 100 Auburn Hills, Michigan 48326 Attn: General Counsel
& Secretary

    Facsimile
No.:

    866-750-2489

    If to
Consultant:

    James M.
Juliano

    Address:

    2701
Cambridge Court Suite 425

    Auburn
Hills, MI
48326

    Facsimile
No:

    248-377-6302

     

    or in
each case to such other address and facsimile number as shall have last been
furnished by like notice. If mailing is impossible due to an absence of postal
service, and other methods of sending notice are not otherwise available, notice
shall be hand-delivered to the aforesaid addresses. Each notice or communication
shall be deemed to have been given as of the date so mailed or delivered, as the
case may be; provided, however, that any notice sent by facsimile shall be
deemed to have been given as of the date sent by facsimile if a copy of such
notice is also mailed by first class mail on the date sent by facsimile; if the
date of mailing is not the same as the date of sending by facsimile, then the
date of mailing by first class mail shall be deemed to be the date upon which
notice given.

    3

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    10.             Additional
Provisions. No waiver of any of the provisions of this

    Agreement
shall be deemed or shall constitute a waiver of any other provision and no
waiver shall constitute a continuing waiver. No waiver shall be binding unless
executed in writing by the party making the waiver. No supplement, modification,
or amendment of this Agreement shall be binding unless executed in writing by
all parties. This Agreement constitutes the entire agreement between the parties
and supersedes any prior agreements or negotiations. There are no third party
beneficiaries of this Agreement. This Agreement shall be governed by and
construed in accordance with the internal laws of the State of Michigan,
regardless of laws of conflicts.

    11.             Recitals.
The Recitals are incorporated herein by this reference and
made

    a
material part of this Agreement.

    The
parties hereto have entered into this Agreement on the date first written
above.

    "Client"

    Ecology
Coatings, Inc.

    a Nevada
corporation

    

    /s/ Robert G.
Crockett

    By: Bob
Crockett

    Title:
CEO

    "
Consultant"

    

    /s/ James M.
Juliano

    James M. Juliano

    4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}]]