Document:

K-KITZ,
INC.

     

    Sales
Invoice

     

    1.           General.  This
transaction, unless covered by an existing written contract between Customer and
K-Kitz, shall be governed by and subject to the following terms and
conditions.  Any terms or conditions contained in Customer's
acknowledgement of this Sales Invoice which are different from or in addition to
the provisions hereof shall be void and of no force and effect, unless
incorporated into a writing signed by Customer and K-Kitz.

     

    2.           Taxes.  Customer
shall reimburse K-Kitz the amount of any and all federal, state, local or
foreign taxes (excluding K-Kitz's income taxes), duties and other charges paid
by K-Kitz with respect to the production, sale, transportation, delivery and use
of the goods covered by this Sales Invoice.

     

    3.           Contingencies.  Neither
party shall be liable to the other for failure or delay in performance hereunder
to the extent that such failure or delay is due to acts of God, fire, flood,
explosion, sabotage, war, accident, labor dispute or shortage, equipment
breakdown, governmental laws, ordinances, rules, regulations or rulings (whether
valid or invalid), inability to obtain equipment or fuel, or any other similar
or different contingency beyond such party's reasonable control, or if
occasioned by partial or complete suspension of operations at any of such
party's facilities.  In the event of delay or default in delivery
caused by a contingency beyond K-Kitz's reasonable control, K-Kitz shall have
the right to allocate in a fair and reasonable manner among its customers and
K-Kitz's own requirements its available supply of goods available at the time of
such contingency.

     

    4.           WARRANTY AND
DISCLAIMER.  K-KITZ WARRANTS THAT THE GOODS SOLD UNDER THIS
SALES INVOICE SHALL MEET THE SPECIFICATIONS SET FORTH HEREIN, OR, IF NO
SPECIFICATIONS ARE SET FORTH, THAT THE GOODS SHALL MEET K-KITZ'S STANDARD
SPECIFICATIONS.  OTHER THAN THE FOREGOING, K-KITZ MAKES NO GUARANTY OR
WARRANTY, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THOSE OF
INFRINGEMENT OF ANY INTELLECTUAL PROPERTY RIGHT, MERCHANTABILITY OR SUITABILITY
OF THE GOODS FOR ANY SPECIFIC PURPOSE, EVEN IF THAT PURPOSE IS KNOWN TO
K-KITZ.

     

    5.           Limitation of Liability and
Remedies.  K-Kitz shall not be liable on any claim under or
arising out of a breach of the terms and conditions of this Sales Invoice unless
action thereon shall be brought within ten days from the date of delivery of
goods covered by this Sales Invoice.  Customer's failure to notify
K-Kitz shall constitute a waiver of all claims with respect to the goods, and in
any event, use of the goods shall be deemed to constitute satisfactory
performance on the part of the K-Kitz.  K-Kitz's liability under this
Sales Invoice shall be limited to replacement of goods not meeting the
specifications set forth herein (or, if applicable, K-Kitz's standard
specifications) or refund of the purchase price thereof, at K-Kitz's
option.  In no event shall K-Kitz be liable for any incidental or
consequential damages.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    6.           Indemnification.  Customer
will indemnify K-Kitz against all claims, actions, suits, losses, judgments,
awards, damages of any nature and expense (including attorneys' fees and other
legal expenses) arising out of or in any manner resulting from Customer's
unloading, storage, handling or use of the goods covered by this Sales Invoice,
except for the portion of damages attributable to K-Kitz's breach of the limited
warranty set forth in this Sales Invoice.  This indemnity shall
survive termination of this contract.

     

    7.           Waiver.  Any
failure by K-Kitz to enforce any of the terms and conditions of this Sales
Invoice shall not constitute a waiver of any other term or
condition.

     

    8.           Governing
Law.  The terms and conditions of this Sales Invoice shall be
governed by the law of the State of Ohio.  The validity in whole or in
part of any of the terms and conditions of sale shall not affect the validity of
any other terms and conditions.

     

    9.           Assignment.  Customer
shall have no right to assign its rights or interest under this Sales Invoice
without prior written permission of K-Kitz.INDEPENDENT
CONTRACTOR AGREEMENT

    

    AGREEMENT
made this 2nd day of February 2009,
between Belimed, Inc. (“Contractor”) and BioDrain Medical, Inc.
(“Company”).

    

    WHEREAS,
Company desires to have Contractor to perform certain assignments as the Company
may reasonably request.

    

    WHEREAS,
Contractor desires to engage in a contractual relationship (“Agreement”) with
the Company as described above and perform such assignments as the Company may
reasonably request.

    

    NOW,
THEREFORE, in consideration of the covenants and agreements hereinafter set
forth the parties agree as follows:

    

    
      	
               
      

            	
              1.

            	
              Contractual
      Services.  The Company hereby retains the services of the
      Contractor on a non-exclusive basis as an authorized installation and
      maintenance firm.  Where Contractor’s service will be required,
      the Company will introduce Contractor and allow negotiations for services
      to occur between Contractor and the third party
      customer(s).).  Contractor will provide a written quotation and
      receive written authorization from the third party customer(s) prior to
      initiating installation services.  The Company will be
      reimbursed at a rate of *** of the total installation
      price.  Additionally, Contractor will respond and provide
      written quotations to the third party customer(s) for extended Service
      Agreements or Preventative Maintenance Agreements (collectively referred
      to as “Service Agreements”) services.  Upon written acceptance
      of Contractor Service Agreements, the Company will be reimbursed at a rate
      of *** of the Service Agreements’ price.  The Contractor is
      responsible for all compensation owing for the assignment performed
      including, without limitation, all costs of labor, taxes, third-party
      charges, materials, overhead and other costs to the
      Contractor.  The Company acknowledges and agrees that Contractor
      will render such Contractual Services only on a part-time or limited
      basis.

            

    

    

    
      	
               
      

            	
              2.

            	
              Terms.  This
      Agreement shall be for a period of 3 years commencing on April 1, 2009.
      Agreement shall be automatically renewable annually, on the anniversary
      date of the Agreement, unless terminated in writing by either party not
      less than 90 days prior to expiration in the given
  year.

            

    

    

    
      	
               
      

            	
              3.

            	
              Fees.  For
      routine repair and preventative maintenance during the Company warranty
      period, Contractor shall be paid $*** per hour.  Within the
      territories defined by Attachment 1, fees are inclusive of all
      compensation owing for the assignment performed including, without
      limitation, all costs of labor, taxes, third-party charges, materials, and
      other costs to the Contractor.  All materials and other
      purchased items shall be reimbursed at cost by the
      Company.  Outside of the territories defined by Attachment 1,
      and if applicable, the Company is responsible for airfare and hotel
      expenses, with the understanding that Contractor will use its best efforts
      to maintain reasonable airfare and hotel expenses, as provided for in
      Company’s corporate travel policy.  The Contractor is to invoice
      the Company at the end of each month for hours worked and the Company will
      pay the Contractor within 30 days after receipt of an
      invoice.  Contractor acknowledges that Company shall only be
      liable for these expenses during the warranty period (one-year from
      purchase date of third party customer).  Following the lapse of
      the initial warranty period, Contractor will be compensated directly
      through the customer, either through the purchase of an extended Service
      Agreement, or, if after the warranty, and with no service contract in
      place, directly from the third party customer, based on discussions and
      negotiations directly with the third party customer and
      Contractor.

            

    

     

    
      

    

    
      *** This
material has been omitted pursuant to a request for confidential treatment and
filed separately with the Securities and Exchange Commission.

       

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              4.

            	
              Independent
      Contractor.  This Agreement shall not establish an
      employment relationship between the parties.  Contractor
      services shall not be regulated or controlled by the Company, but shall be
      that of an independent contractor providing contractual
      services.  Nothing in this Agreement shall be construed as
      creating the relationship of an employer and employee between the Company
      and the Contractor or any of Contractor’s employees, subcontractors or
      agents for the purposes of any current or future employee benefit plan of
      the Company.  Accordingly, Contractor agrees that the terms of
      this Agreement exclude participation by any employees or agents of the
      Contractor in any benefit plan of the Company.  Neither
      Contractor nor any of Contractor’s employees or agents are required or
      permitted to make contributions (including, but not limited to,
      contribution by salary deduction agreements) to any benefit plan, and no
      contributions are made or required to be made for Contractor’s benefit or
      the benefit of Contractor’s employees or agents.  Contractor
      further agrees that neither Contractor nor any of his employees or agents
      accrue any benefits under any Company benefit plan by reason of this
      Agreement and that services rendered under this Agreement do not give rise
      to any claim for benefits under any Company benefit
      plan.  Contractor waives any right Contractor’s employees or
      agents may otherwise be deemed to have to participate in any Company
      benefit plan.  In addition, neither Contractor nor any of his
      employees or agents shall be considered an employee of the Company for
      purposes of any tax or contribution levy by any foreign or U.S. federal,
      state or local government.

            

    

    

    
      	
               
      

            	
              5.

            	
              Contractor’s
      Responsibility As Employer.  Contractor represents and
      warrants that, except as otherwise specifically stated in writing, all
      persons who Contractor assigns to perform work in conjunction with an
      assignment from the Company under this Agreement shall be employees or
      contractors of the Contractor.  Contractor agrees to file all
      required returns and reports, withhold and/or pay all required federal,
      state and local wage or employment-related taxes including, but not
      limited to, income taxes, Social Security taxes, unemployment taxes and
      taxes measured by gross income and gross receipts with respect to the
      amounts received hereunder or paid to such employees in connection with
      their performance of an assignment as required by applicable
      law.  Contractor further agrees that he will be responsible for
      any taxes withheld or required to be paid by any foreign government in
      relation to services performed by Contractor or his employees or
      agents.  Contractor agrees to reimburse the Company for any
      wage, employment related or other tax not so withheld/or remitted and for
      any costs and expenses including reasonable attorney’s fees and interest
      which the Company may incur by reason of Contractor’s failure to comply
      with the obligations set forth in this
  paragraph.

            

    

    

    
      	
               
      

            	
              6.

            	
              Contractor’s Taxpayer
      Identification Number.  Contractor shall provide
      Contractor’s tax identification number to the
  Company.

            

    

    

    
      	
               
      

            	
              7.

            	
              Representation
      Regarding Employees.  Contractor represents and warrants
      that all of his employees or agents assigned to perform work under this
      Agreement are legally entitled to perform such work.  Contractor
      also agrees to comply with all immigration laws of the United
      States.

            

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      
        	
              	
                8.

              	
                Work
      Performed. Company
      customers and or third party customers are to call their service requests
      directly into the Contractor technical support/dispatch office, where
      calls may be entered as a matter of record.  For service calls
      related to a unit under warranty, Contractor will seek written (electronic
      or hard copy) authorization from Company prior to dispatching a field
      service technician.  For installation and work performed in
      support of a Service Agreement, Contractor will dispatch the appropriate
      personnel and resolve the problem in a timely
      manner.  Contractor agrees to provide field service personnel
      which are competent and trained in their area of
      responsibilities.  Company agrees to provide tuition free
      product training to Contractor’s field service personnel.  When
      representing Company on an assigned job, contractor agrees to utilize
      Company authorized forms and procedures; including; PM & installation
      check lists, service reports, training records.  Contractor also
      agrees to provide quality repair service, supervision of equipment
      installation/performance check out at customer locations and other duties
      as assigned, in accordance with established Company procedures and
      techniques, using proper tools, test equipment and OEM replacement
      parts.  Contractor further agrees not to modify, substitute or
      alter any OEM component, hardware or software, without the written
      permission of Company Engineering. At a minimum on a quarterly basis,
      Contractor agrees to provide Company with copies of all documentation
      pertaining to all service related calls for the life of this
      Agreement.

              

      

    

    

    
      	
               
      

            	
              9.

            	
              Confidential Business
      Information Limitations On Disclosure and Use.  It is
      understood that in the performance of an assignment, each party
      (“Receiving Party”) and his employees or agents will have access to and
      may require confidential business information of the other party
      (“Disclosing Party”), including, but not limited to, information relating
      to the Disclosing Party’s employees, vendors, customers, products,
      pricing, and access to the Disclosing Party’s
      systems.  Receiving Party shall not disclose to anyone not
      employed or contracted by the Receiving Party nor use, except on behalf of
      the Disclosing Party and with current customers or accounts of Disclosing
      Party at the date of signing of this Agreement, any such confidential
      information required in the performance of an assignment, except as may be
      specifically authorized by the Disclosing Party in
      writing.  Regardless of the term of this Agreement, Receiving
      Party shall be bound by this obligation until the confidential business
      information shall lawfully become part of the public domain or the parties
      otherwise agree in writing.  All business information regarding
      customer lists or business arrangements from the Disclosing Party shall be
      presumed to be confidential, except to the extent that it shall have been
      lawfully published or that it shall have been made freely available to the
      general public by the Disclosing Party.  Receiving Party agrees
      that all tangible forms of the previously mentioned confidential and
      proprietary information which Receiving Party requires pursuant to this
      Agreement: (i) shall be safeguarded with the same degree of control and
      care as a reasonably prudent person would exercise with respect to its own
      similar property under similar circumstances and (ii) all copies thereof
      shall be returned to the Disclosing Party immediately upon a written
      request therefore.  Receiving Party further agrees to obligate
      Receiving Party’s employees and agents to observe and be bound by the same
      confidentiality requirements by which Receiving Party is bound hereunder
      by the Disclosing Party.

            

    

    

    
      	
            	
              10.

            	
              Reciprocal Restriction
      on Interference with Business Relationships and Notification of
      Visit.  Contractor agrees it will not solicit, market,
      encourage or otherwise interfere with the business relationship of current
      customers of Company.  Company agrees it will not solicit,
      market, encourage or otherwise interfere with the business relationships
      of Contractor’s current customers.

            

    

    

    
      	
            	
              11.

            	
              Assignment and
      Subcontracting.  The rights of each party under this
      Agreement are personal to such party and may not be assigned or
      transferred to any such person or entity without the prior written consent
      of the other party.  Notwithstanding the foregoing, the Company
      may transfer its rights to an affiliate with the written consent of the
      Contractor.  Contractor shall not subcontract all or any portion
      of an assignment without the prior written approval of the
      Company.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
            	
              12.

            	
              Non-solicitation.  Contractor
      agrees that for the duration of this Agreement and for a period of one (1)
      year following the termination or expiration of this Agreement, it shall
      not, directly or indirectly through any other individual, person or
      entity, employ or solicit, entice, persuade, or induce any individual who
      currently is, or at any time during such period shall be, an employee of
      the Company to terminate or refrain from renewing or extending his or her
      employment by the Company or to become engaged by or enter into a
      contractual relationship with Contractor or any other individual, person
      or entity.  Company agrees that for the duration of this
      Agreement and for a period of one (1) year following the termination or
      expiration of this Agreeement, it shall not, directly or indirectly
      through any other individual, person or entity, employ or solicit, entice,
      persuade, or induce any individual who currently is, or at any time during
      such period shall be, an employee of the Contractor to terminate or
      refrain from renewing or extending his or her employment by the Contractor
      or to become engaged by or enter into a contractual relationship with
      Company or any other individual, person or
  entity.

            

    

    

    
      	
            	
              13.

            	
              Termination.  Upon
      termination of this Agreement, Contractor agrees to stop work and to
      return to the Company all items relating to an assignment including, but
      not limited to, the following:  all reports, drawings, hardware,
      software, documents and files, including items electronically recorded
      generated or stored on personal computers or diskettes.  Copies
      of such items shall not be retained by Contractor or its employees and
      agents in any form, electronic or otherwise unless required to service
      existing accounts of the Contractor.  If either party breaches a
      material portion of this Agreement and does not remedy such breach within
      30 days of written notice, the other party may terminate the Agreement for
      cause.  This Agreement may be terminated by either party without
      cause upon 90 days written notice to the other
  party.

            

    

    

    
      	
            	
              14.

            	
              Other
      Clients.  Contractor represents and warrants that the
      services for which it has been retained, or other similar services, are
      performed for clients other than the
Company.

            

    

    

    
      	
            	
              15.

            	
              Indemnity.  Each
      party (“Indemnifying Party”) understands and acknowledges that the other
      party (“Indemnified Party”) will be relying upon the representations made
      in this Agreement and hereby agrees to indemnify and hold the Indemnifying
      Party harmless from and against any and all claims, suits, damages,
      penalties, costs or fees (including reasonable attorney fees)
      (collectively, “Claims”) that may arise as a result of any knowing
      misrepresentation including any Claims made by any federal, state or local
      taxing entity.  This indemnity does not extend to any warranty
      either expressed or implied in the equipment of the Indemnifying Party or
      the failure thereof.

            

    

    

    
      	
            	
              16.

            	
              Insurance.  Contractor
      will maintain one million dollars ($1,000,000.00) in liability insurance
      and maintains adequate worker’s compensation
  insurance.

            

    

    

    
      	
            	
              17.

            	
              Entire
      Agreement.  This Agreement contains the entire
      understanding between the parties.  No warranties,
      representations or understandings have been made orally or in writing by
      either party except those which are expressly set forth in this
      Agreement.

            

    

    

    
      	
            	
              18.

            	
              Choice of
      Law.  This Agreement shall be construed and enforced in
      accordance with the substantive laws of the State of South Carolina
      (without giving effect to its laws regarding conflict of laws), and the
      parties hereto agree to submit the exclusive jurisdiction of the federal
      and state courts of the State of South Carolina for any and all purposes
      hereof.

            

    

    

    
      	
            	
              19.

            	
              Severability.  If
      any provision of this Agreement is found by a court or other competent
      authority to be void or unenforceable, the provision must be treated as
      amended or deleted from the Agreement, without effecting any other
      provisions or the validity of the Agreement.  The parties will
      negotiate in good faith to agree on the terms of a mutually satisfactory
      amended provision, if an amended provision is required to carry out the
      intent of the parties expressed in the void and unenforceable
      provision.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
            	
              20.

            	
              Mediation of
      Issues.  In the event of any dispute of this Agreement or
      its terms and prior to the filing of any suit or legal action, the parties
      agree that they shall submit to mediation to resolve their
      differences.  Mediation shall take place in South Carolina by a
      qualified mediator mutually agreed upon by the
  parties.

            

    

    

    
      	
            	
              21.

            	
              Response
      Time.  In agreement with Contractor standard policies,
      once notified by Company office, Contractor agrees to respond to customer
      requests over the telephone within (2) hours, make every reasonable effort
      to respond on site within (24) hours, and guarantee to respond on site
      within (48) hours.  Contractor requires ten (10) working days
      notice to schedule installation personnel, arrange travel and other
      applicable resources.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    IN
WITNESS WHEREOF, the parties have caused this Agreement to be executed as of the
first day written above.  The parties affirm that this Agreement
accurately and completely reflects their understanding and
agreement.

    

    
      
        	
                Dated this 2nd day of February
    2009.

              
	 
      
	
                /s/
      Pete Koste

              
	
                Contractor
      – Belimed, Inc.

              
	 
      
	
                By:
      Pete Koste

              
	
                Title:
      Director, Technical Services

              
	 
      
	
                Dated
      this 2nd day of February 2009.

              
	 
      
	
                /s/
      Kevin Davidson

              
	
                Company
      – BioDrain Medical, Inc.

              
	 
      
	
                By: Kevin Davidson

              
	
                Title:
      CEO

              

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Attachment
1

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