Document:

Exhibit 10.13

                              CONSULTING AGREEMENT

This  CONSULTING AGREEMENT ("AGREEMENT") made this 18th day of October 2006 by
and  between  MASTODON  VENTURES,  INC., a Texas corporation with offices at 600
Congress  Avenue,  Suite  1220, Austin, Texas 78701 ("MASTODON") and XA, INC., a
Nevada  corporation  with  offices  at  875  North  Michigan Avenue, Suite 2626,
Chicago,  Illinois  60611  ("XA").

                              W I T N E S S E T H :

     WHEREAS,  XA  requires  strategic advice regarding its plan for refinancing
certain of its existing debt and funding the anticipated growth and expansion in
its  business;  and

     WHEREAS,  Mastodon has experience in substantially all aspects of corporate
finance,  including  the provision of strategic advisory services with regard to
corporate  restructurings,  financings,  mergers,  acquisitions  and  strategic
alliances  for  private  and  public  companies;  and

     WHEREAS, XA wishes to engage Mastodon to act as its non-exclusive strategic
advisor  in  connection  with  the  implementation  of  its  financing plan, and
Mastodon  is  willing  to  be  so  engaged,  all on and subject to the terms and
conditions  hereinafter  set  forth;

     NOW,  THEREFORE,  in consideration of the mutual covenants herein and other
good  and valuable consideration, the receipt and suffieincy of which are hereby
acknoweldged,  the  parties  hereto  do  hereby  agree  as  follows:

1.     XA'S  PLAN.  XA  has  determined  that  it  will seek to raise additional
       -----------
capital  for  its  business  activities  and  operating  plan  which will entail
restructuring  certain  of its outstanding equity and debt securities, obtaining
required  consents  from  its  institutional  lender,  modifying  certain of its
executive management agreements, and arranging for the sale of additional equity
and  debt  securities  to  implement such operating plan (the "OPERATING PLAN").

     The advisory services required of Mastodon in connection with the foregoing
activities  and  the  compensation  payable  to  Mastodon  for such services are
hereinafer  described.

2.     MASTODON'S  SERVICES.   XA hereby engages Mastodon as a strategic advisor
       ---------------------
on  a  non-exclusive  basis in connection with XA's Operating Plan, and Mastodon
hereby  accepts  such  agreement, on and subject to the terms of this Agreement.
Accordingly,  Mastodon  will  render  the following advisory services to XA (the
"SERVICES"):

          (i)  Assist  XA  in  analyzing  and  evaluating its business, proposed
               operations  and  financial  condition  and  requirements;

          (ii) Assist  XA  in  the  preparation  and  implementation  of  any
               marketing  and/or  expansion  plan;

<PAGE>

          (iii) Assist  XA  in  connection  with  the  screening  of  potential
               candidates  to  serve  as  members  of its Board of Directors and
               committees  thereof;

          (iv) Assist  XA  in  the  negotiations  with  the arrangements between
               XA and the selling agent in connection with the sale to investors
               of  the  Bridge  Notes  and  Bridge  Warrants;

          (v)  Assist  XA  with  the  selection  of  a  broker-dealer  or  other
               selling  agent  (the  "Selling Agent") and the negotiation of the
               terms  and  provisions  of  the  agreement with the Selling Agent
               relating  thereto and any warrants issued to the Selling Agent in
               connection  therewith;

          (vi) Assist  XA  with  the  negotiation  of  all  employment and other
               agreements  and  warrants  and/or  options required to be entered
               into  and/or  modified  as  conditions  of  closing  of  the PIPE
               Financing  (hereinafter  defined);

          (vii) Assist  representatives  of  the  Selling  Agent,  and  its
               counsel,  with  all  due  diligence  inquiries  relating  to  XA;

          (viii) Assist  XA  with  developing  an  approved  use and application
               of  the  net  proceeds  from  the  PIPE  Financing  to the extent
               required  by  the  Selling  Agent;

          (ix) Assist  XA  with  respect  to  press  releases  and  other
               promotional  or  public  disclosures  to financial news and other
               media, broker dealers, financial institutions and XA shareholders
               in  connection  with  the  PIPE  Financing;

          (x)  Assist  XA,  when  required,  with  the  preparation of a profile
               of  its  operations  and  financial  condition for publication in
               Standard  and  Poors  and  other  similar  publications;

          (xi) Assist  XA  with  the  preparation  of  documents  required by it
               in  connection  with  the  PIPE Financing, including any required
               private  placement  memorandum;

          (xii) Assist  XA  with  the  preparation  of  its  Registration
               Statement  (hereinafter  defined)  with  respect  to  the  PIPE
               Financing  transaction  referred  to  in  this  Agreement;

          (xiii) Meet  with  the  executive  officers  and  Board  members of XA
               with  respect  to  matters  pertaining  to  the  Operating  Plan
               contemplated  by  XA  hereunder;  and

          (xiv) Provide  such  other  advisory  services  in connection with the
               Operating  Plan  as  XA  shall  reasonably  request  of Mastodon.

<PAGE>

     MASTODON  WILL  NOT  BE  REQUIRED  TO  RENDER  ANY SERVICES HEREUNDER WHICH
INVOLVE  THE RAISING OF CAPITAL FOR OR ON BEHALF OF XA, ANY SUCH CAPITAL RAISING
ACTIVITIES  TO  BE EFFECTED ONLY THROUGH REGISTERED BROKER DEALERS IN COMPLIANCE
WITH  APPLICABLE  LAW.

     XA  will  provide  Mastodon with all financial and business information and
documentation  concerning XA which is reasonably requested by Mastodon hereunder
with  respect  to  the  Services  to  be performed by Mastodon hereunder, to the
extent  such information and documentation is available without XA incurring any
unreasonable  effort  or  expense  therefor.  In  addition,  XA  will  make  its
executive  officers and members of its Board of Directors available to Mastodon,
upon  reasonable  advance  notice  and  request  of Mastodon, for the purpose of
providing  information  to  Mastodon  in connection with its Services hereunder.

     Mastodon  will  devote  such  of  its  time and efforts as it determines is
necessary  for  the performance of its Services hereunder.  XA acknowledges that
Mastodon  is  acting  as an independent contractor and not in any other capacity
hereunder.

      Mastodon  hereby  acknowledges that all decisions relating to the Services
and  advice  provided  to  XA  by  Mastodon  hereunder will, except as otherwise
provided elsewhere in this Agreement, be made exclusively by XA, in its sole and
absolute  discretion,  and  Mastodon will have no right or authority to make any
such  decisions  or to otherwise bind XA to any obligation or commitment without
the written consent of XA.  Mastodon shall not be liable under any circumstances
for  any  damage,  liability, cost or expense incurred by XA as a consequence of
any  Services  performed  for  Mastodon  hereunder,  except  for  any judicially
determined  intentional  misconduct  of  Mastodon.

     XA  further  agrees that if Mastodon is asked to provide any other services
to XA relating to this Agreement which are not specifically provided for in this
Agreement, then such services shall constitute separate agreements and the terms
and  conditions  of any such separate agreements will be subject to and embodied
in one or more separate written agreements containing provisions and terms to be
mutually  agreed upon, including without limitation, appropriate indemnification
provisions.

3.     MASTODON'S  COMPENSATION.  Mastodon shall receive payment from XA for all
       -------------------------
actual  out-of-pocket  costs  and  expenses  incurred by Mastodon (including its
counsel  fees),  which are pre-approved in writing by XA, in connection with the
negotiation  and  performance of its Services under this Agreement. Such expense
reimbursements  shall  be made by XA within fifteen (15) days after XA's receipt
of  Mastodon's  invoice  therefor.

     XA  has  unconditionally  issued to Mastodon (and/or its designees), a five
(5)  year common stock purchase warrant, entitling it to purchase 666,667 shares
of XA's common stock at an exercise price of $.30 per share (the "First Mastodon
Warrant").  XA  has  also  issued  an  additional  common stock purchase warrant
entitling  Mastodon  (or  its  designees)  to  purchase 1,000,000 shares of XA's
common  stock during a five (5) year period (the "Second Mastodon Warrant"), the
right  to  exercise  of  which  is conditioned upon the consummation of the PIPE
Financing  or  a  Change of Control within one (1) of the date of this Agreement
first  written  above,  as defined below (each a "Vesting Event").  The five (5)

<PAGE>

year exercise period of the Second Mastodon Warrant will commence upon a Vesting
Event  and  such  warrant shall be exercisable at an exercise price equal to the
lesser  of  $1.10  per  share  or  125%  of  the offering price of the shares to
investors in the PIPE Financing, or in the event of a Change of Control prior to
the  consummation of the PIPE Financing, such common stock purchase warrant will
be  exercisable  at  an  exercise price of $1.10 per share. The First and Second
Mastodon  Warrants  will  have  the same terms (other than the number of shares,
exercise  price,  and  vesting  provisions)  as the warrants issued by XA in its
recent  private  placement  of  convertible  promissory  notes,  including  any
anti-dilution rights.  In addition, such warrants will be transferable, Mastodon
having  informed  XA that it intends to transfer from the First Mastodon Warrant
the right to purchase 82,400 shares thereunder to Gusrae Kaplan Bruno & Nusbaum,
PLLC  and  the  right  to  purchase 54,933 shares thereunder to David Loev, Esq.
Mastodon  has  further  informed  XA that it intends to transfer from the Second
Mastodon  Warrant  the  right  to  purchase  150,000 shares thereunder to Gusrae
Kaplan  Bruno  &  Nusbaum,  PLLC  and  the  right  to  purchase  100,000  shares
thereunder  to  David  Loev,  Esq.

     XA agrees that Mastodon will have the first right, at its election, to sell
all  or a portion of the shares of XA's common stock then owned by Mastodon as a
result  of  Mastodon's  exercise  of  the  First  Mastodon  Warrant, in the PIPE
Financing to the extent that sales of at least $3,000,000 of XA's securities are
consummated  in  such financing by the Selling Agent (if any) (i.e., if Mastodon
exercises  such  right,  such shares owned by it will be the next shares sold in
the  PIPE  Financing  following  the consummation of $3,000,000 of sales of XA's
securities  therein).

     A  "Change  of  Control"  shall  mean  the  adoption of a plan of merger or
consolidation  of  XA  with any other corporation or entity as a result of which
the holders of the voting capital stock of XA as a group would receive less than
50%  of  the  voting capital stock of the surviving or resulting corporation; or
the  approval  by the Board of Directors of XA of an agreement providing for the
sale  or  transfer  of  substantially  all  the  assets  of  XA.

     Notwithstanding  the foregoing, or any other provision of this Agreement to
the  contrary,  at  no  time  will  Mastodon  own  5%  or more of the issued and
outstanding  shares of XA's common stock or otherwise have the right to exercise
control  over  the operations of XA, except with respect or prior to a Change of
Control.

     XA  contemplates the sale to Investors, at a per share price to be mutually
agreed  upon between XA and the Selling Agent of shares of its common stock in a
private  placement, with an aggregate minimum gross offering price of $3,000,000
(the  "PIPE  Financing").  The  PIPE  Financing  shall also include underwritten
offerings.  XA also contemplates that it will file a registration statement (the
"Registration  Statement")  in  connection  with  the PIPE Financing (which will
include  the  First  and Second Mastodon Warrants and the shares of common stock
underlying  same).

     Mastodon  agrees  that  if  a Vesting Event has not occurred within one (1)
year from the date of this Agreement, neither the First Mastodon Warrant nor the
Second  Mastodon  Warrant shall vest to Mastodon, and all rights under the First
Mastodon  Warrant  and  Second  Mastodon  Warrant  shall  expire.

<PAGE>

4.     INDEMNIFICATION.  Since  Mastodon  will  be  acting on behalf of XA in an
       ----------------
advisory  capacity in connection with this Agreement, XA agrees to the indemnity
provisions  and  other  matters  set forth in Annex A which is incorporated into
this Agreement herein by reference thereto.  The indemnity provisions in Annex A
shall  remain  in  full  force  and  effect  regardless  of  any  completion,
modification,  termination  or  expiration  of  this  Agreement.

5.     NON-EXCLUSIVITY;  FUTURE  M&A  SERVICES.  XA  agrees  that  Mastodon's
       ----------------------------------------
engagement  hereunder  as  XA's  strategic advisor with respect to the Operating
       -
Plan  is  non-exclusive.

     If,  at any time during the period commencing on the date hereof and ending
24  months after the effective date of the Registration Statement, XA engages in
any  acquisition,  merger  or  similar  transaction  with  a third party that is
introduced  by  Mastodon  (each  a  "Third  Party"  and  the  "Third  Party
Introduction"),  it  will  engage  Mastodon  as an advisor with respect thereto.

     Mastodon  agrees  to  provide XA written notice of any proposed Third Party
Introduction  prior  the  first  contact of XA with such Third Party, and agrees
that  any  party  contacted  by  XA  for  which XA has not previously received a
written Third Party Indroduction from Mastodon shall not be party to or governed
by  this  agreement.

     Mastodon  will  use  its  best efforts during the term of this Agreement to
assist  XA in connection with XA's Operating Plan, however, XA acknowledges that
there  is  no  assurance  that  the Services rendered by Mastodon hereunder will
result  in  the  consummation  of  any  transaction  contemplated  hereby.

6.     DUE  DILIGENCE.  In  order  to  complete  the PIPE Financing contemplated
       ---------------
hereby,  XA  acknowledges  that  it  will  be necessary for the Selling Agent to
complete  its  due  diligence  inquiries  with respect to XA, including, without
limitation,  on  site  visits,  discussions  with  management,  counsel  and the
auditors  of XA, reviewing actual, historical and projected financial statements
of  XA,  reviewing  XA's  capital requirements, financial and other obligations,
reviewing all material contracts of XA, reviewing the competitive environment as
to  XA's  business  and  industry,  reviewing  all  key  customer  and  vendor
relationships  of  XA,  and  a  general  corporate  and  legal review, including
accounting,  leases,  litigation  and  other  similar  matters pertaining to XA.
Additionally,  XA  will  provide  audited financial statements for its 2004, and
2005  fiscal  years  (the "AUDITED FINANCIAL STATEMENTS") not later than 30 days
after  the  date  of  this Agreement and will provide any additional stub period
unaudited  financial  statements  that are required pursuant to the terms of the
Selling  Agency  Agreement.  XA  will grant the Selling Agent and its authorized
representatives  access  to XA's books, records and personnel for the purpose of
completing  such  due  diligence  inquiries.

7.     CONFIDENTIALITY. XA shall not disclose the terms of this Agreement or the
       ----------------
fact  that  XA  is in discussions with Mastodon with respect to the transactions
contemplated  hereby,  with  any  third  party  other  than  its  key employees,
officers, directors, and shareholders and its counsel and advisors, and, in each
such  case, only on a need-to-know basis, at any time prior to the expiration of
the  offering  period  of  the  PIPE  Financing, except as required in any legal
documentation  prepared  in  connection  therewith.

<PAGE>

8.     MASTODON'S  OPINIONS.  No  advice  or  opinion  rendered  by  Mastodon in
       ---------------------
connection  with  this  Agreement,  whether  formal  or  informal,  written  or
unwritten,  may be disclosed, in whole or in part, or summarized, excerpted from
or  otherwise  referred  to  by XA without Mastodon's prior written consent.  In
addition,  Mastodon  may  not  be  otherwise referred to by XA without its prior
written  consent.

9.     POST  CLOSING  ANNOUNCEMENTS.  XA  acknowledges that Mastodon may, at its
       -----------------------------
option  and  expense  and  after  the  consummation of the PIPE Financing, place
announcements  and  advertisements  or  otherwise  publicize  such financing and
Mastodon's  role  in  it  (which may include the reproduction of XA's logo and a
hyperlink  to XA's website) on Mastodon's internet website and in such financial
and  other  newspapers  and journals as it may choose, stating that Mastodon has
acted  as  the  exclusive  strategic  advisor  to XA in connection with the PIPE
Financing.  Furthermore,  if  requested by Mastodon, XA shall include a mutually
acceptable  reference  to  Mastodon  in  any  press  release  or  other  public
announcement  made  by  XA  regarding  the  PIPE  Financing.

10.     BINDING AGREEMENT.  Each of Mastodon and XA hereby represent and warrant
        ------------------
to the other that this Agreement, and the transactions contemplated hereby, have
been  approved  by  all  requisite corporate action required to create a binding
obligation  of  each  of  the  parties  hereto.

11.     MISCELLANEOUS.  This  Agreement, including the Annex hereto, constitutes
        --------------
the  sole  and  entire  agreement between the parties hereto with respect to the
subject  matter  hereof  and  supersedes  all prior agreements, representations,
warranties, arrangements and understandings, whether oral or written, express or
implied,  between  the  parties hereto with respect to the subject matter hereof
and  may not be changed or modified except by an instrument in writing signed by
the  party  to be bound thereby.  No course of conduct or dealing or trade usage
or  custom or course of performance by the parties hereto shall constitute or be
relied  upon  as  a modification, supplement, or waiver of any provision of this
Agreement.  This  Agreement  has  been  subject  to  the  mutual  consultation,
negotiation  and  agreement of the parties hereto and shall not be construed for
or  against  any  party  hereto  on  the basis of such party having drafted this
Agreement.

     All  notices, consents, requests, demands and other communications required
or  permitted to be given under this Agreement shall be in writing and delivered
personally,  receipt  acknowledged,  or  mailed by registered or certified mail,
postage  prepaid,  return  receipt requested, addressed to the parties hereto as
follows  (or  to  such  other  addresses  as  either of the parties hereto shall
specify  by  notice  given  in  accordance  with  this  provision):

               (a)     If  to  Mastodon,  to  it  at:

                       Mastodon  Ventures,  Inc.
                       600  Congress  Avenue,  Suite  1220
                       Austin,  Texas  78701

<PAGE>

                       with  a  copy  to:

                       Robert  L.  Blessey,  Esq.
                       51  Lyon  Ridge  Road
                       Katonah,  New  York  10536

               (b)     If  to  XA,  to  it  at:

                       XA,  Inc.
                       875  North  Michigan  Avenue,  Suite  2626
                       Chicago,  Illinois  60611

                       with  a  copy  to:

                       David  M.  Loev, Attorney at Law
                       6300  West  Loop  South,  Suite  280
                       Bellaire,  Texas  77401

All  such notices, consents, requests, demands and other communications shall be
deemed given when personally delivered as aforesaid, or, if mailed as aforesaid,
on  the  third  business  day  after  the mailing thereof or on the day actually
received,  if earlier, except for a notice of a change of address which shall be
effective  only  upon  receipt.

     Neither  party  hereto may assign this Agreement or its or their respective
rights,  benefits  or  obligations  hereunder without the written consent of the
other party hereto, except that Mastodon may assign its rights to all or part of
its  compensation  hereunder  to  third  parties  designated  by  it.

     This  Agreement  shall  be  binding  upon  and  inure to the benefit of the
parties hereto and their successors and permitted assigns.  Nothing contained in
this  Agreement  is intended to confer upon any person or entity, other than the
parties  hereto,  or  their  respective  successors  or  permitted  assigns (and
Mastodon's  designees),  any  rights,  benefits,  obligations,  remedies  or
liabilities  under  or  by  reason  of  this  Agreement.

     No waiver of any provision of this Agreement or of any breach thereof shall
be effective unless in writing and signed by the party to be bound thereby.  The
waiver by either party hereto of a breach of any provision of this Agreement, or
of any representation, warranty, obligation or covenant in this Agreement by the
other  party hereto, shall not be construed as a waiver of any subsequent breach
or  of  any other provision, representation, warranty, obligation or covenant of
such  other  party,  unless  the  instrument  of  waiver  expressly so provides.

     This  Agreement  shall  be governed by and construed in accordance with the
laws of the jurisdiction of the party that brings any such action to enforce the
provisions  of  this  Agreement.  In  the  event XA brings an action, the action
shall be governed by the laws of the State of Illinois with respect to contracts
made  and to be fully performed therein, without regard to the conflicts of laws
principles  thereof,  except as to applicable federal and state securities laws.

<PAGE>

In  the  event  Mastodon brings any such action, the action shall be governed by
the  laws  of  the State of Texas with respect to contracts made and to be fully
performed  therein,  without regard to the conflicts of laws principles thereof,
except  as  to applicable federal and state securities laws.  The parties hereto
hereby  agree  that  any  suit or proceeding arising under this Agreement, or in
connection  with the consummation of the transactions contemplated hereby, shall
be,  brought solely in a federal or state court located in Cook County, Illinois
if such action is brought by XA, and Travis County, Texas if brought by Mastodon
or  in any court of competent jurisdiction selected by the mutual consent of the
parties, except for any suit or proceeding seeking an equitable remedy hereunder
which may be brought in any court of competent jurisdiction.  By their execution
hereof, XA and Mastodon hereby consent and irrevocably submit to the in personam
                                                                     -- --------
jurisdiction  of  the federal and state courts located in Cook County, Illinois,
or  Travis County, Texas (or any such other court of competent jurisdiction) and
agree  that any process in any suit or proceeding commenced in such courts under
this  Agreement may be served upon them personally or by certified or registered
mail,  return receipt requested, or by Federal Express or other courier service,
with the same force and effect as if personally served upon them in Cook County,
Illinois,  or Travis County, Texas (or in the city or county in which such other
court  is  located).  The  parties  hereto  each  waive  any claim that any such
jurisdiction  is  not a convenient forum for any such suit or proceeding and any
defense  of  lack  of  in  personam  jurisdiction  with  respect  thereto.
                       --  --------

     The  parties  hereto  hereby  agree that, at any time and from time to time
after  the date hereof, upon the reasonable request of either party hereto, they
shall  do,  execute,  acknowledge  and  deliver,  or cause to be done, executed,
acknowledged  and  delivered,  such further acts, deeds, assignments, transfers,
conveyances,  and  assurances  as may be reasonably required to more effectively
consummate  this  Agreement  and  the  transactions  contemplated  thereby or to
confirm  or  otherwise  effectuate  the  provisions  of  this  Agreement.

      Each  party  hereto  represents and warrants to the other that it has been
represented  by  counsel  in  connection  with the negotiation, preparation, and
consummation of this Agreement.  Except as expressly provided in this Agreement,
each  of  the parties hereto shall bear all of its or their respective costs and
expenses  incurred  in  connection with the negotiation, preparation, execution,
consummation,  performance  and/or  enforcement  of  this  Agreement, including,
without  limitation,  the  fees  and  disbursements of their respective counsel,
financial advisors and accountants.  Notwithstanding the foregoing, in the event
of  any  action  or  proceeding instituted by either party hereto to enforce the
provisions  of this Agreement, the party prevailing therein shall be entitled to
reimbursement  by  the  other  breaching  party  of the legal costs and expenses
incurred  by  the prevailing party in connection therewith. For purposes hereof,
"prevailing  party"  means the party in whose favor final judgment, after appeal
(if  any), is rendered with respect to the claims asserted in any such action or
proceeding.

      This Agreement may be executed in one or more counterparts, each of which,
when  executed and delivered, shall be deemed an original, but all of which when
taken  together,  shall  constitute  one  and  the  same  instrument.

     A  copy  of  this  Agreement signed by one party and faxed to another party
shall  be  deemed  to  have  been executed and delivered by the signing party as

<PAGE>

though  an  original.  A  photocopy  of  this Agreement shall be effective as an
original  for  all  purposes.

     The  Section headings used in this Agreement have been used for convenience
of  reference  only  and  are not to be considered in construing or interpreting
this  Agreement.

     If  one  or  more provisions of this Agreement are held to be unenforceable
under  applicable  law,  such provision(s) shall be excluded from this Agreement
and  the  balance  of  this  Agreement  shall  remain  in full force and effect.

     No  remedy  set forth in this Agreement is exclusive of any other available
remedy  or  remedies,  whether legal or equitable, but each remedy is cumulative
and in addition to every other right or remedy provided for under this Agreement
or now or hereafter existing at law or in equity. Either party hereto may pursue
its  rights  and remedies concurrently or in any sequence and no exercise of one
right  or  remedy  shall  be deemed to be an election.  No delay by either party
hereto  shall  constitute  a  waiver,  election  or  acquiescence by such party.

     Unless the context of this Agreement clearly requires otherwise, the plural
includes  the  singular, the singular includes the plural, the part includes the
whole,  "including"  is  not limiting, and "or" has the inclusive meaning of the
phrase  "and/or".  The words "hereof", "herein", "hereby", "hereunder" and other
similar  terms  in  this  Agreement  refer  to this Agreement as a whole and not
exclusively  to  any  particular  provision  of  this  Agreement.

     IN  WITNESS  WHEREOF,  the parties hereto have hereunto set their hands and
seals  as  of  the  day  and  year  first  above  written.

WITNESS:                                    MASTODON  VENTURES,  INC.

/s/ Lori Rynerson                           By /s/ Robert S. Hersch
------------------------------                --------------------------------
                                              Robert  S.  Hersch,  President
Lori Rynerson
-----------------------------

WITNESS:                                    XA,  INC.

/s/ Shelley A. Kasnick                      /s/ Joseph Wagner
-----------------------------               ----------------------------------
Shelley A. Kasnick                          Joseph  Wagner
----------------------------                Chief  Executive  Officer  and
                                            President

<PAGE>

                                     ANNEX A
                                     -------

1.  In  further consideration of the rights, covenants and obligations contained
in  our  agreement  dated  the  date hereof (the "agreement"), in the event that
either  Mastodon  Ventures, Inc. ("Mastodon") or XA, Inc. (the "Company") or any
of  their  affiliates, their respective directors, officers, partners, agents or
employees  or  any  of  their affiliates, or any other person controlling either
such  party or any of their affiliates (collectively, the "Indemnified Persons")
becomes  involved, in any capacity, in any action, claim, suit, investigation or
proceeding,  actual  or  threatened, brought by or against any person (each such
party being an "Indemnified Party"), including the party to the agreement who is
indemnifying  the  Indemnified  Party  (the  "Indemnifying  Party")  and/or  the
stockholders  of  the  Indemnifying  Party  (if any), in connection with or as a
result of or in any way based upon any act or omission of the Indemnifying Party
with  respect  to  the agreement or any matter referred to in the agreement, the
Indemnifying  Party  will  reimburse  such Indemnified Person for its reasonable
legal  and  other  expenses (including without limitation the costs and expenses
incurred in connection with investigating, preparing for and responding to third
party  subpoenas or enforcing the agreement) incurred in connection therewith as
such  expenses are incurred. The Indemnifying Party will also indemnify and hold
harmless  any  Indemnified  Person from and against, and such Indemnifying Party
agrees  that  no Indemnified Person shall have any liability to the Indemnifying
Party or its owners, parents, affiliates, security holders or creditors for, any
losses,  claims,  damages  or  liabilities  (including actions or proceedings in
respect  thereof)  (collectively, "Losses") (A) related to or arising out of (i)
the  Indemnifying  Party's  actions  or failures to act (including statements or
omissions  made or information provided by the Indemnifying Party or its agents)
or  (ii)  actions  or  failures  to  act  by  an  Indemnified  Person  with  the
Indemnifying  Party's consent or in reliance on the Indemnifying Party's actions
or  failures to act or (B) otherwise related to or arising out of the agreement,
or  Mastodon's or the Company's performance thereof, except that this clause (B)
shall not apply to any Losses that are finally determined by a court or arbitral
tribunal  to have resulted primarily from the bad faith or willful misconduct of
such Indemnified Person. If such indemnification is for any reason not available
or  insufficient  to hold an Indemnified Person harmless, the Indemnifying Party
agrees to contribute to the Losses involved in such proportion as is appropriate
to reflect the relative benefits received (or anticipated to be received) by the
Indemnifying  Party, on the one hand, and by the Indemnified Party, on the other
hand,  with  respect  to the agreement or, if such allocation is determined by a
court  or  arbitral  tribunal  to  be  unavailable,  in  such  proportion  as is
appropriate to reflect other equitable considerations such as the relative fault
of  the  Indemnifying  Party on the one hand and of the Indemnified Party on the
other hand.  Mastodon will not be held responsible or liable for actions whereby
Mastodon  relied  on  or acted based upon information received from the Company.

2.  The  Indemnified  Party  will  not,  without  the Indemnifying Party's prior
written  consent, settle, compromise, consent to the entry of any judgment in or
otherwise seek to terminate any action, claim, suit, investigation or proceeding
in  respect of which indemnification may be sought hereunder (whether or not any
Indemnified  Person  is  a  party  thereto)  unless such settlement, compromise,
consent  or  termination  includes a release of each Indemnified Person from any
liabilities  or  obligations  arising  out  of  such  action,  claim,  suit,
investigation  or  proceeding.  The  Indemnifying Party will not permit any such
settlement,  compromise, consent or termination to include a statement as to, or
an  admission  of,  fault, culpability or a failure to act by or on behalf of an
Indemnified Person, without such Indemnified Person's prior written consent.  No
Indemnified  Person seeking indemnification, reimbursement or contribution under
this  agreement  will,  without  the Indemnifying Party's prior written consent,
settle, compromise, consent to the entry of any judgment in or otherwise seek to
terminate  any  action,  claim,  suit,  investigation  or proceeding referred to
herein.  Any  Indemnified  Person who or which is required to commence an action
to  enforce the indemnification rights granted hereunder shall be entitled to be
reimbursed  for  the  costs  and expenses incurred by such Indemnified Person in
connection  therewith  (including  their  reasonable  counsel  fees).

<PAGE>

3.  Prior  to  entering  into  any  agreement or arrangement with respect to, or
effecting,  any  merger,  statutory  exchange  or  other business combination or
proposed  exchange  (including  the  Merger),  dividend or other distribution or
liquidation  of all or a significant portion of its assets in one or a series of
transactions  or  any  significant  recapitalization  or reclassification of its
outstanding  securities  that  does  not  directly or indirectly provide for the
assumption  of the obligations of the Company set forth herein, the Company will
notify  Mastodon  in  writing  thereof  (if  not previously so notified) and, if
requested  by  Mastodon, shall arrange in connection therewith alternative means
of  providing for the obligations of the Company set forth herein, including the
assumption  of such obligations by another party, insurance, surety bonds or the
creation  of  an escrow, in each case in an amount and upon terms and conditions
satisfactory  to  Mastodon.  Similarly,  prior to entering into any agreement or
arrangement  with  respect  to,  or effecting, any merger, statutory exchange or
other business combination, dividend or other distribution or liquidation of all
or a significant portion of its assets in one or a series of transactions or any
significant  recapitalization  or reclassification of its outstanding securities
that  does  not  directly  or  indirectly  provide  for  the  assumption  of the
obligations  of  Mastodon  set forth herein, Mastodon will notify the Company in
writing  thereof  (if  not  previously  so  notified)  and,  if requested by the
Company,  shall  arrange  in connection therewith alternative means of providing
for  the  obligations  of Mastodon set forth herein, including the assumption of
such obligations by another party, insurance, surety bonds or the creation of an
escrow,  in each case in an amount and upon terms and conditions satisfactory to
the  Company.

4.  The  Indemnifying  Party's obligations hereunder shall be in addition to all
other  rights  that  any Indemnified Person may have at common law or otherwise.
The  Company  acknowledges  that  in  connection  with the agreement Mastodon is
acting  as  an  independent  contractor  and  not  in  any other capacity.  This
agreement  and  any other agreements relating to the agreement shall be governed
by  and  construed  in  accordance with the laws of the State of Illinois in the
event  an action is brought by the Company hereunder, and in accordance with the
laws  of  the  State  of  Texas  in  the  event an action is brought by Mastodon
hereunder,  applicable  to  contracts  made  and to be performed therein and, in
connection  therewith,  the parties hereto consent to the exclusive jurisdiction
of  the  Federal  and  State  Courts  located in Cook County, Illinois or Travis
County,  Texas and the respective appellate courts thereof.  Notwithstanding the
foregoing, solely for purposes of enforcing the Company's obligations hereunder,
the  Company  consents  to personal jurisdiction, service and venue in any court
proceeding in which any claim subject to this agreement is brought by or against
any  Indemnified  Person.  MASTODON HEREBY AGREES, AND THE COMPANY HEREBY AGREES
ON  ITS  OWN BEHALF AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, ON BEHALF OF
ITS  SECURITY  HOLDERS,  TO WAIVE ANY RIGHT TO TRIAL BY JURY WITH RESPECT TO ANY
CLAIM,  COUNTER-CLAIM  OR  ACTION  ARISING  OUT  OF  THE AGREEMENT OR MASTODON'S
PERFORMANCE  THEREOF.

5.  The  provisions  of  this  agreement shall apply to the agreement (including
related  activities  prior  to the date hereof) and any modification thereof and
shall  remain  in  full  force  and  effect  regardless  of  the  completion  or
termination  of  the agreement.  If any term, provision, covenant or restriction
herein  is  held  by  a  court  of competent jurisdiction to be invalid, void or
unenforceable  or  against public policy, the remainder of the terms, provisions
and  restrictions  contained  herein  shall  remain in full force and effect and
shall  in  no  way be affected, impaired or invalidated.  The provisions of this
agreement  shall  be binding upon and inure to the benefit of the parties hereto
and  their  respective  successors  and  assigns  (this  agreement  shall not be
assignable  in  the  absence of the written consent of the non-assigning party).

6.  This  agreement may be executed in several counterparts, each of which is an
original.  It  shall  not  be necessary in making proof of this agreement or any

<PAGE>

counterpart  hereof  to produce or account for any of the other counterparts.  A
copy  of  this agreement signed by one party and faxed to another party shall be
deemed  to  have  been  executed and delivered by the signing party as though an
original.  A  photocopy  of this agreement shall be effective as an original for
all  purposes.

7.  Notwithstanding  any provision of this agreement to the contrary, Mastodon's
liability  hereunder  shall be limited to the value of the compensation actually
received  by  Mastodon,  such  value  being determined on the date any claim for
indemnification  hereunder  is  received  by  Mastodon.

XA,  INC.

/s/ Joseph Wager
----------------------------------------------
     Joseph  Wagner
     Chief  Executive  Officer  and  President

ACCEPTED  AND  AGREED  TO  AS  OF  THE  DATE  HEREOF:

MASTODON  VENTURES,  INC.

By: /s/ Robert Hersch
   ------------------------------------------
      Robert  Hersch,  President

<PAGE>Exhibit 10.1 Purchase Agreement

    SECURITIES
      EXCHANGE AGREEMENT

    

    This
      SECURITIES EXCHANGE AGREEMENT (“Agreement”) dated as of October 28, 2005, is by
      and between AMERICAN
      SECURITY RESOURCES CORPORATION,
      a
      Nevada corporation (“American Security Resources”), eGo
      DESIGN, INC.,
      an
      Oregon corporation (“eGo”), and Edward
      L. Davis,
      Benjamin
      F. Schafer and
      James Twedt,
      all of
      whom are the only
      shareholders of eGo (the “Shareholders”.)

    

    W
      I T N E S S E T H:

    

    WHEREAS,
      as of September 30, 2005, there were 100,000 issued and outstanding shares
      of
      the common stock, no par value of eGo Designs, Inc. (the “eGo Stock”), all of
      which are owned by the Shareholders;

    

    WHEREAS,
      as of September 30, 2005, there were 42,811,266 issued and outstanding shares
      of
      the common stock, par value $0.001 of American Security Resources Corporation
      common stock (the “American Security Resources Stock”);

    

    WHEREAS,
      American Security Resources proposes to acquire one hundred percent (100%)
      of
      the issued and outstanding shares of eGo on a fully diluted basis at the time
      of
      Closing along with an exclusive right to market and license eGo’s fuel cell
      technology (“Exclusive Fuel Cell License”) for the exchange of twelve Million
      (12,000,000) restricted shares of Common Stock of American Security Resources
      Corporation. Said shares shall represent not less than twenty six percent (26%)
      of the issued and outstanding shares of American Security Resources Corporation
      on the Date of Closing. At the Date of Closing, the bid price for American
      Security shares shall be a minimum of $0.05 per share; and

    

    WHEREAS,
      the Board of Directors of American Security Resources and eGo and the
      Shareholders have duly approved the terms and conditions of this
      Agreement;

    

    NOW,
      THEREFORE, in consideration of the foregoing premises and the mutual covenants,
      agreements, representations and warranties contained herein, the parties hereto
      agree as follows:

    

    

    ARTICLE
      1

    EXCHANGE
      PRICE

     

    	1.1  	
            Exchange
              At
              the Closing (defined below) to be held in accordance with the
              provisions

          

    of
      Article 3
      below
      and subject to the terms and agreements set forth herein, eGo hereby exchanges
      with American Security Resources and American Security Resources hereby
      exchanges with eGo one hundred percent (100%) of the issued and outstanding
      shares of eGo on a fully diluted basis at the time of Closing (the “eGo
      shares”). The exchange price for the eGo shares shall be Twelve Million
      (12,000,000) shares of the Common Stock of American Security Resources
      Corporation. eGo will provide to American Security Resources the name, address,
      and tax identification number of the person(s) or entities to whom it desires
      to
      have the American Security Resources Stock issued.

    

    .

    

    

    

    ARTICLE
      3

    CLOSING

    

    	3.1  	
            Closing.
              The consummation of the purchase (the “Closing”) shall occur at a
              mutually

          

    agreed
      location in Tualatin, Oregon, as soon as practicable after the mutual agreement
      of American Security Resources, eGo
      and the
      Shareholders that all conditions described in Articles 6 and 7 have been
      satisfied or waived by the applicable party and after American Security
      Resources has had reasonable time to review and verify eGo’s responses to
      American Security Resources’ Due Diligence Request. All costs and expenses
      associated with consummation of the transactions contemplated by this Agreement
      incurred by American Security Resources shall be the sole responsibility of
      American Security Resources, while all expenses incurred by the Shareholders
      and
      eGo shall be the sole responsibility of eGo.

    

    3.2 Deliveries
      by American Security Resources.
      American Security Resources shall deliver, or cause to be delivered to the
      Shareholders at Closing six
      million (6,000,000) shares of Common Stock of American Security Resources
      Corporation, and an additional 6,000,000 shares within 5 business
      days.

    

    3.3 Deliveries
      by eGo Designs, Inc.
      eGo
      Designs, Inc. shall deliver, or cause to be delivered to American
      Security Resources Corporation
      at
      Closing one
      hundred percent (100%) of the issued and outstanding common stock of eGo.

    

    3.4 Appointment
      of a member of the Board of Directors.
      American Security Resources shall appoint Ed Davis to be a member of its board
      of Directors. 

    

    ARTICLE
      4

    REPRESENTATIONS
      OF eGO DESIGNS, INC.

    

    eGo
      hereby represents and warrants to American Security Resources as follows (it
      being acknowledged that American Security Resources is entering into this
      Agreement in material reliance upon each of the following representations and
      warranties, and that the truth and accuracy of each, as evidenced by the
      execution of this Agreement by a duly authorized officer of eGo,
      constitutes a condition precedent to the obligations of American Security
      Resources hereunder).

    

    4.1 Existence
      and Good Standing.
      eGo
      is a
      corporation duly organized, validly existing and in good standing under the
      laws
      of the State of Oregon. eGo
      has no
      subsidiaries. eGo
      has the
      power to own or lease its respective properties and assets and to carry on
      its
      businesses as now being conducted. eGo
      is duly
      qualified to do business and is in good standing in the State of Oregon, which
      is the only jurisdiction in which the character or location of the properties
      owned or leased by eGo
      or the
      nature of the business conducted by eGo
      makes
      such qualification necessary. 

    

    4.2 Capitalization.
      eGo
      currently has outstanding 100,000 shares of common stock and no shares of
      preferred stock. All such outstanding shares have been duly authorized and
      validly issued and are fully paid and nonassessable. There are no outstanding
      options, warrants, rights, calls, commitments, conversion rights, rights of
      exchange, plans or other agreements, commitments or arrangements of any
      character providing for the purchase, subscription, issuance or sale of any
      shares of capital stock of eGo,
      other
      than the acquisition of the eGo
      shares
      as contemplated by this Agreement.

    

    4.3 Ownership
      of Stock.
      eGo
      shall
      transfer one
      hundred percent (100%) of its issued and outstanding common stock of eGo on
      a
      fully diluted basis
      at
      the time of Closing to
      American Security Resources free and clear of all preemptive or similar rights,
      liens, encumbrances, restrictions and claims of every kind and the delivery
      to
      American Security Resources of the eGo Stock pursuant to the provisions of
      this
      Agreement will transfer to American Security Resources valid title thereto,
      free
      and clear of all liens, encumbrances, restrictions and claims of every kind.
      The
      eGo Stock to be exchanged herein has been duly authorized and validly issued
      and
      is fully paid and non-assessable. 

    

    4.4 Authority
      to Execute and Perform Agreement; No Breach.
      eGo
      has the
      full legal right and power and all authority and approval required to enter
      into, execute and deliver this Agreement, and to sell, assign, transfer and
      convey the eGo Stock and to perform fully their respective obligations
      hereunder. This Agreement has been duly executed and delivered by officers
      of
      eGo and, assuming due execution and delivery by, and enforceability against,
      American Security Resources, constitutes the valid and binding obligation of
      eGo
      enforceable in accordance with its terms, subject to the qualifications that
      enforcement of the rights and remedies created hereby is subject to (i)
      bankruptcy, insolvency, reorganization, moratorium and other laws of general
      application affecting the rights and remedies of creditors, and (ii) general
      principles of equity (regardless of whether such enforcement is considered
      in a
      proceeding in equity or at law). No approval or consent of, or filing with,
      any
      governmental or regulatory body, and no approval or consent of, or filing with,
      any other person is required to be obtained by the Shareholders or in connection
      with the execution and delivery by the Shareholders of this Agreement and
      consummation and performance by them of the transactions contemplated hereby.
      

    

    The
      execution, delivery and performance of this Agreement (including but not limited
      to the employment agreement incorporated by reference pursuant to Section 6
      hereto) by the Shareholders and the consummation of the transactions
      contemplated hereby in accordance with the terms and conditions hereof, the
      Shareholders will not:

    

    
      	 	
              (a)

            	
              violate,
                conflict with, or result in the breach of any of the terms of, or
                constitute (or with notice or lapse of time or both would constitute)
                a
                default under, any contract, lease, agreement or other instrument
                or
                obligation to which a Shareholder is a party or by or to which any
                of the
                properties and assets of the Shareholder may be bound or
                subject;

            

    

    

    
      	 	
              (b)

            	
              violate
                any order, judgment, injunction, award or decree of any court, arbitrator,
                governmental or regulatory body, by which a Shareholder or the securities,
                assets, properties or business of any of him is bound; or
                

            

    

    

    	(c)  	
            violate
              any statute, law or regulation to which Shareholders are
              subject.

          

    

    4.5 Securities
      Matters.
      eGo
      hereby represents, warrants and covenants to American Security Resources, as
      follows:

    

    
      	 	
              (a)

            	
              It
                has been advised that the American Security Resources Stock has not
                been
                registered under the Securities Act of 1933, as amended (the “Securities
                Act”,) or any state securities act in reliance on exemptions
                therefrom.

            

    

    

    
      	 	
              (b)

            	
              The
                American Security Resources Stock is being acquired solely for the
                account
                of eGo’s assignee, for investment, and is not being acquired with a view
                to or for the resale, distribution, subdivision or fractionalization
                thereof. The assignee has no present plans to enter into any such
                contract, undertaking, agreement or arrangement and the assignee
                further
                understands that the American Security Resources Stock may only be
                resold
                pursuant to a registration statement under the Securities Act or
                pursuant
                to some other available exemption.

            

    

    

    
      	 	
              (c)

            	
              eGo
                acknowledges, in connection with the exchange of the American Security
                Resources Stock, that no representation has been made by representatives
                of American Security Resources regarding its business, assets or
                prospects
                other than that set forth herein and that it is relying upon the
                information set forth in the filings made by American Security Resources
                pursuant to Section 13 of the Securities Exchange Act of 1934, as
                amended
                and such other representations and warranties as set forth in this
                Agreement.

            

    

    

    
      	 	
              (d)

            	
              They
                agree that the certificate or certificates representing the American
                Security Resources Stock will be inscribed with substantially the
                following legend:

            

    

    

    “The
      securities represented by this certificate have not been registered under the
      Securities Act of 1933. The securities have been acquired for investment and
      may
      not be sold, transferred or assigned in the absence of an effective registration
      statement for these securities under the Securities Act of 1933 or an opinion
      of
      the Company’s counsel that registration is not required under said
      Act.”

     

    4.6 Financial
      Statements and No Material Changes.
      Annexed
      hereto as Schedule 4.6(a) are the unaudited balance sheets, income statements
      and statements of cash flows of eGo as of October 28, 2005 (the “eGo Financial
      Statements”).

    

    The
      eGo
      Financial Statements were carefully prepared from the books and records of
      eGo,
      present fairly the financial position, assets and liabilities of eGo and the
      results of its operations, for the respective periods indicated and reflect
      all
      necessary accruals, all in conformity with generally accepted accounting
      principles (“GAAP”) applied on a consistent basis. The eGo Financial Statements
      contain all adjustments (consisting of only normal recurring accruals) required
      to be made by GAAP, subject to normal year-end adjustments.

    

    Except
      as
      disclosed in Schedule 4.6(b), since September 30, 2005 there has been (a) no
      material adverse change in the assets or liabilities, or in the business or
      condition, financial or otherwise, or in the results of operations or prospects,
      of eGo and (b) no material adverse change in the assets or liabilities, or
      in
      the business or condition, financial or otherwise, or in the results of
      operations or prospects, of eGo and to the best knowledge, information and
      belief of eGo, no fact or condition exists or is contemplated or threatened
      which might cause such a change in the future. 

    

    4.7 Books
      and Records.
      The
      minute books of eGo, all the contents of which have been previously made
      available to American Security Resources and their representatives, contain
      accurate records of all meetings of, and action taken by (including action
      taken
      by written consent) the Shareholder and the Board of Directors of eGo. Except
      as
      set forth on Schedule 4.7 attached hereto, eGo does not have any of its
      respective records, systems, controls, data or information recorded, stored,
      maintained, operated or otherwise wholly or partly dependent upon or held by
      any
      means (including any electronic, mechanical or photographic process, whether
      computerized or not) which (including all means of access thereto and therefrom)
      are not under the exclusive ownership and direct control of eGo.

    

    4.8 Title
      to Properties; Encumbrances.
      

    

    
      	 	
              (a)

            	
              Except
                as set forth on Schedule 4.8 attached hereto, eGo has good, valid
                and
                marketable title to (a) all of its properties and assets (real and
                personal, tangible and intangible), including, without limitation,
                all of
                the properties and assets reflected in the balance sheet included
                as part
                of the eGo Financial Statements, except as indicated in the Schedules
                hereto; and (b) all of the properties and assets purchased by eGo
                since
                September 30, 2005 all of which purchases as of a date not more than
                two
                days prior to the date of this Agreement, have been set forth on
                Schedule
                4.8 attached hereto; in each case subject to no encumbrance, lien,
                charge
                or other restriction of any kind or
                character.

            

    

    

    
      	 	
              (b)

            	
              The
                rights, properties and other assets presently owned, leased or licensed,
                by eGo reflected on the balance sheet included in the eGo Financial
                Statements or acquired since September 30, 2005 include all rights,
                properties and other assets necessary to permit eGo to conduct its
                business in the same manner as its business has heretofore been conducted.
                All such properties and assets owned or leased by eGo are in satisfactory
                condition and repair, other than ordinary wear and
                tear.

            

    

    

    4.9 Leases.
      Schedule 4.9 attached hereto, contains an accurate and complete list and
      description of the terms of all leases to which eGo is a party (as lessee or
      lessor). Each lease listed on Schedule 4.6 (or required to be set forth on
      Schedule 4.6) is in full force and effect; all rents and additional rents due
      to
      date on each such lease have been paid; in each case, the lessee has been in
      peaceable possession since the commencement of the original term of such lease
      and is not in default thereunder and no waiver, indulgence or postponement
      of
      the lessee’s obligations thereunder has been granted by the lessor; and there
      exists no event of default or event, occurrence, condition or act (including
      the
      consummation of the transactions contemplated hereby) which, with the giving
      of
      notice, the lapse of time or the happening of any further event or condition,
      would become a default under such lease. eGo has not violated any of the terms
      or conditions under any such lease in any material respect, and, to the best
      knowledge, information and belief of eGo, all of the covenants to be performed
      by any other party under any such lease have been fully performed. The property
      leased by eGo is in a state of good maintenance and repair and is adequate
      and
      suitable for the purposes for which it is presently being used.

    

    4.10 Material
      Contracts.
      Except
      as set forth on Schedule 4.10 attached hereto, eGo is not bound by:

    

    
      	 	
              (a)

            	
              any
                agreement, contract or commitment relating to the employment of any
                person
                by eGo, or any bonus, deferred compensation, pension, profit sharing,
                employee option, employee stock purchase, retirement or other employee
                benefit plan;

            

    

    

    
      	 	
              (b)

            	
              any
                agreement, indenture or other instrument which contains restrictions
                with
                respect to payment of dividends or any other distribution in respect
                of
                its shares; 

            

    

    

    
      	 	
              (c)

            	
              any
                loan or advance to, or investment in, any individual, partnership,
                joint
                venture, corporation, trust, unincorporated organization, government
                or
                other entity (each a “Person”) or any agreement, contract or commitment
                relating to the making of any such loan, advance or
                investment;

            

    

    

    
      	 	
              (d)

            	
              any
                guarantee or other contingent liability in respect of any indebtedness
                or
                obligation of any Person (other than the endorsement of negotiable
                instruments for collection in the ordinary course of
                business);

            

    

    

    
      	 	
              (e)

            	
              any
                management service, consulting or any other similar type
                contract;

            

    

    

    
      	 	
              (f)

            	
              any
                agreement, contract or commitment limiting the freedom of eGo to
                engage in
                any line of business or to compete with any Person;
                

            

    

    

    
      	 	
              (g)

            	
              any
                agreement, contract or commitment not entered into in the ordinary
                course
                of business which involves $250,000 or more and is not cancelable
                without
                penalty or premium within 30 days; or

            

    

    

    
      	 	
              (h)

            	
              any
                agreement, contract or commitment which might reasonably be expected
                to
                have a potential adverse impact on the business or operations of
                eGo;
                or

            

    

    

    
      	 	
              (i)

            	
              any
                agreement, contract or commitment not reflected in the eGo Financial
                Statement under which eGo is obligated to make cash payments of,
                or
                deliver products or render services with a value greater than $100,000
                individually or $300,000 in the aggregate, or receive cash payments
                of, or
                receive products or services with a value greater than $100,000
                individually or $300,000 in the aggregate, and any other agreement,
                contract or commitment which is material to the conduct of the business
                of
                eGo. 

            

    

    

    Each
      contract or agreement set forth on Schedule 4.10 is in full force and effect
      and
      there exists no default or event of default or event, occurrence, condition
      or
      act (including the consummation of the transactions contemplated hereby) which,
      with the giving of notice, the lapse of time or the happening of any other
      event
      or condition, would become a default or event of default thereunder. eGo has
      not
      violated any of the terms or conditions of any contract or agreement set forth
      on Schedule 4.10 in any material respect, and, to the best knowledge,
      information and belief of eGo, all of the covenants to be performed by any
      other
      party thereto have been fully performed. Except as set forth on Schedule 4.10,
      the consummation of the transactions contemplated hereby does not constitute
      an
      event of default (or an event, which with notice or the lapse of time or both
      would constitute a default) under any such contract or agreement.

    

    4.11 Restrictive
      Documents.
      Except
      as set forth on Schedule 4.11 attached hereto, neither eGo nor the Shareholders
      are subject to, or a party to, any charter, by-law, mortgage, lien, lease,
      license, permit, agreement, contract, instrument, law, rule, ordinance,
      regulation, order, judgment or decree, or any other restriction of any kind
      or
      character, which could materially adversely affect the business practices,
      operations or condition of eGo or any of its assets or property (“eGo’s
      Property”,) or which would prevent consummation of the transactions contemplated
      by this Agreement, compliance by the Shareholder with the terms, conditions
      and
      provisions hereof or the continued operation of “eGo’s Business” after the date
      hereof or the Closing on substantially the same basis as heretofore operated
      or
      which would restrict the ability of eGo to conduct business in any
      area.

    

    4.12 Litigation.
      Except
      as set forth on Schedule 4.12 attached hereto, there is no action, suit,
      proceeding at law or in equity, arbitration or administrative or other
      proceeding by or before (or to the best knowledge, information and belief of
      eGo
      any investigation by) any governmental or other instrumentality or agency,
      pending, or, to the best knowledge, information and belief of eGo, threatened,
      against or affecting eGo, or any of their respective properties or rights.
      There
      are no outstanding orders, judgments, injunctions, awards or decrees of any
      court, governmental or regulatory body or arbitration tribunal by which eGo,
      or
      any officer, director or employee of eGo, or the securities, assets, properties
      or business of any of them is bound.

    

    4.13 Taxes.
      Except
      as set forth on Schedule 4.13, eGo has filed or caused to be filed, within
      the
      times and within the manner prescribed by law, all federal, state, local and
      foreign tax returns and tax reports which are required to be filed by, or with
      respect to eGo. Such returns and reports reflect accurately all liability for
      taxes of eGo for the periods covered thereby. Except as set forth on Schedule
      4.10, all federal, state, local and foreign income, profits, franchise,
      employment, sales, use, occupancy, excise and other taxes and assessments,
      stock
      and transfer taxes (including interest and penalties) payable by, or due from
      eGo, have been fully paid and fully provided for in the books and eGo Financial
      Statements. No examination of any tax return of eGo is currently in progress.
      There are no outstanding agreements or waivers extending the statutory period
      of
      limitation applicable to any tax return of eGo. Schedule 4.13 attached hereto
      lists all tax sharing contracts, agreements or arrangements to which eGo is
      a
      party and all such contracts, agreements and arrangements have been terminated
      prior to the Closing with no liability or obligation to eGo.

    

    4.14 Liabilities.
      Except
      as set forth on Schedule 4.14, eGo has no outstanding claims, liabilities or
      indebtedness, contingent or otherwise, which are not properly reflected in
      the
      eGo Financial Statements in a manner consistently with past practice, other
      than
      liabilities incurred subsequent to September 30, 2005, in the ordinary course
      of
      business not exceeding $25,000 individually or $50,000 in the aggregate. Neither
      is eGo in default in respect of the terms or conditions of any indebtedness,
      except where such default would not have a material adverse effect on the
      business assets or prospects of eGo.

    

    4.15 Insurance.
      eGo
      maintains no insurance policies with respect to its business, properties
      or

    employees.
      

    

    4.16 Compliance
      with Laws.
      To the
      knowledge of eGo, the Shareholders, its officers, directors or employees, there
      are no violations by eGo, its officers, directors or employees of any applicable
      order, judgment, injunction, award or decree, related to, arising out of or
      affecting eGo’s Business or properties, the violation of which would have a
      material adverse effect on the business assets or prospects of eGo. To the
      knowledge of eGo, the Shareholders, its officers, and directors, eGo is not
      in
      violation of any federal, state, local or foreign law, ordinance, regulation
      or
      any other requirement of any governmental or regulatory body, court or
      arbitrator (including, without limitation, laws relating to the environment
      and
      OSHA and the Americans with Disabilities Act.) 

    

    4.17 Employment
      Relations.
      eGo is
      in compliance with all federal, state or other applicable laws, domestic or
      foreign, respecting employment and employment practices, terms and conditions
      of
      employment and wages and hours, and has not and is not engaged in any unfair
      labor practice. 

    

    4.18 No
      Changes Since the September 30, 2005 Balance
      Sheet Date.
      Except
      as disclosed in Schedule 4.18, since the September 30, 2005, Balance
      Sheet, eGo has not on a consolidated basis:

    

    
      	 	
              (a)

            	
              incurred
                any liability or obligation of any nature (whether accrued, absolute,
                contingent or otherwise,) except liabilities and obligations in the
                ordinary course of business and consistent with past practice, resulting
                in an increase for the liabilities shown on the September 30, 2005
                Balance
                Sheet of more than $50,000 in the
                aggregate;

            

    

    

    
      	 	
              (b)

            	
              permitted
                any of its material assets to be subjected to any mortgage, pledge,
                lien,
                security interest, encumbrance, restriction or charge of any
                kind;

            

    

    

    
      	 	
              (c)

            	
              sold,
                transferred or otherwise disposed of any material assets except inventory
                sold in the ordinary course of business and consistent with past
                practice;

            

    

    

    
      	 	
              (d)

            	
              made
                any single capital expenditure or commitment therefor, in excess
                of
                $25,000 or made aggregate capital expenditures and commitments therefor
                in
                excess of $50,000;

            

    

    

    
      	 	
              (e)

            	
              declared
                or paid any dividend or made any distribution on any shares, or redeemed,
                purchased or otherwise acquired any shares or any option, warrant
                or other
                right to purchase or acquire any such
                shares;

            

    

    

    
      	 	
              (f)

            	
              made
                any bonus or profit sharing distribution or payment of any
                kind;

            

    

    

    
      	 	
              (g)

            	
              increased
                its indebtedness for borrowed money, or made any loan to any
                Person;

            

    

    

    
      	 	
              (h)

            	
              written
                off as uncollectible any notes or accounts receivable, except immaterial
                write-downs or write-offs in the ordinary course of business and
                consistent with past practice which do not exceed $100,000 in the
                aggregate charged to applicable reserves, and none of which individually
                or in the aggregate is material to eGo on a consolidated
                basis;

            

    

    

    
      	 	
              (i)

            	
              granted
                any increase in the rate of wages, salaries, bonuses or other remuneration
                or benefits of any executive employee or other employees or
                consultants;

            

    

    

    
      	 	
              (j)

            	
              canceled
                or waived any claims or rights of substantial
                value;

            

    

    

    
      	 	
              (k)

            	
              made
                any change in any method of accounting or auditing
                practice;

            

    

    

    
      	 	
              (l)

            	
              otherwise
                conducted its business or entered into any transaction, except in
                the
                usual and ordinary manner and in the ordinary course of business
                and
                consistent with past practices; 

            

    

    

    
      	 	
              (m)

            	
              paid,
                discharged or satisfied any claims, liabilities or obligations (absolute,
                accrued, contingent or otherwise) other than the payment, discharge
                or
                satisfaction in the ordinary course of business and consistent with
                past
                practice of liabilities and obligations reflected and reserved against
                in
                eGo’s September 30, 2005 Balance Sheet or incurred in the ordinary course
                of business and consistent with past practice since the September
                30, 2005
                Balance Sheet;

            

    

    

    
      	 	
              (n)

            	
              paid,
                loaned or advanced any amount to, or sold, transferred or leased
                any
                properties or assets (real, personal or mixed, tangible or intangible
                to,
                or entered into any agreement or arrangement of any kind with any
                of its
                officers, directors or shareholders or any affiliate or associate
                of its
                officers, directors or shareholders, except compensation to officers
                at
                rates not exceeding the rate of compensation in effect as of the
                September
                30, 2005, Balance
                Sheet Date;

            

    

    

    
      	 	
              (o)

            	
              suffered
                any material adverse changes in its working capital, financial condition,
                assets, liabilities (absolute, accrued, contingent or otherwise,)
                reserves, business operations or prospects; or

            

    

    

    
      	 	
              (p)

            	
              agreed,
                whether or not in writing, to do any of the
                foregoing.

            

    

    

    4.19 Disclosure.
      To the
      best of eGo’s knowledge and belief, neither this Agreement, nor the eGo
      Financial Statements referred to in Section 4.6 hereof, any Schedule, exhibit
      or
      certificate attached hereto or delivered in accordance with the terms hereof
      or
      any document or statement in writing which has been supplied by or on behalf
      of
      the Shareholder or by or on behalf of any of eGo’s directors or officers in
      connection with the transactions contemplated by this Agreement contain any
      untrue statement of a material fact, or omits any statement of a material fact
      necessary in order to make the statements contained herein or therein not
      misleading. There is no fact known to the eGo which could materially and
      adversely affect the business, prospects or financial condition of eGo or its
      respective properties or assets, which has not been set forth in this Agreement,
      the eGo Financial Statements referred to in Section ----4.6 hereof (including
      the footnotes thereto,) any Schedule, exhibit or certificate attached hereto
      or
      delivered in accordance with the terms hereof or any document or statement
      in
      writing which has been supplied by or on behalf of the Shareholder or by or
      on
      behalf of any of eGo’s directors or officers in connection with the transactions
      contemplated by this Agreement.

    

    4.20 Broker’s
      or Finder’s Fees.
      Except
      as
      set forth on Schedule 4.20 attached hereto, no agent, broker, person or firm
      acting on behalf of the Shareholders or eGo
      is, or
      will be, entitled to any commission or broker’s or finder’s fees from any of the
      parties hereto, or from any Person controlling, controlled by or under common
      control with any of the parties hereto, in connection with any of the
      transactions contemplated by this Agreement. Any Broker’s of Finder’s Fees
      incurred for the transaction contemplated by this Agreement, will be the sole
      responsibility of eGo
      and a
      table of any such commissions due by eGo
      are
      included in Schedule 4.20.

    

    4.21 Copies
      of Documents.
      The
      Shareholders have caused to be made available for inspection

    and
      copying by American Security Resources and its advisers, true, complete and
      correct copies of all documents referred to in this Article 4 or in any Schedule
      attached hereto.

    

    

    ARTICLE
      5

    REPRESENTATIONS
      OF AMERICAN SECURITY RESOURCES

    

    American
      Security Resources hereby represents and warrants to eGo and the Shareholders
      as
      follows (it being acknowledged that eGo and the Shareholders are entering into
      this Agreement in material reliance upon each of the following representations
      and warranties, and that the truth and accuracy of each, as evidenced by the
      execution of this Agreement by a duly authorized officer of American Security
      Resources, constitutes a condition precedent to the obligations of eGo and
      the
      Shareholders hereunder.) 

    

    5.1 Existence
      and Good Standing.
      American Security Resources is a corporation duly organized, validly existing
      and in good standing under the laws of Nevada. American Security Resources
      has
      the power to own or lease its properties and assets and to carry on its business
      as now being conducted. American Security Resources is not qualified to do
      business in any foreign jurisdiction. 

    

    5.2 Capitalization. 
      American
      Security Resources currently has outstanding
      42,811,266
      shares
      of common stock and no shares of preferred stock. All such outstanding shares
      have been duly authorized and validly issued and are fully paid and
      nonassessable. 

    

    5.3 Approval
      of the Agreement.
      The
      Board of Directors of American Security Resources has authorized the execution
      and delivery of this Agreement and has approved the transactions contemplated
      hereby. The approval of the shareholders of American Security Resources shall
      not be required to approve, authorize, or enter into the Agreement or the
      transaction contemplated hereby.

    

    5.4 Validity
      of American Security Resources Stock.
      The
      shares of American Security Resources Stock when issued pursuant to paragraph
      1.1 above, shall have been duly authorized and validly issued and fully paid
      and
      nonassessable.

    

    

    ARTICLE
      6

    CONDITIONS
      TO AMERICAN SECURITY RESOURCES’ OBLIGATIONS

    

    The
      acquisition of the eGo Shares by American Security Resources at the Closing
      is
      conditioned upon satisfaction, on or prior to such date, of the following
      conditions:

    

    6.1 Good
      Standing and Other Certificates.
      eGo
      shall deliver to American Security Resources, a Secretary’s certificate, which
      shall be attached hereto as Exhibit 6.1, with the following attached as
      exhibits: 

    

    
      	 	
              (a)

            	
              copies
                of certificates of incorporation, all amendments thereto, in each
                case
                certified by the Secretary of State or other appropriate official
                of its
                jurisdiction of incorporation or organization;

            

    

    

    
      	 	
              (b)

            	
              a
                certificate from the Secretary of State or other appropriate official
                of
                their respective jurisdictions of incorporation to the effect that
                eGo is
                in good standing or subsisting in such jurisdiction and listing all
                charter documents including all amendments thereto, on file;
                

            

    

    

    
      	 	
              (c)

            	
              a
                copy of the bylaws of eGo, certified by its Secretary as being true
                and
                correct and in effect on the
                Closing.

            

    

    

    
      	 	
              (d)

            	
              a
                resolution of eGo’s Board of Directors approving the transactions
                contemplated hereby and authorizing the President and Secretary of
                each
                entity to execute this Agreement and all documents necessary to consummate
                the sale of the Shares. 

            

    

    

    6.2 Officer
      Certificate.
      eGo
      shall deliver a certificate of its President, attached hereto as Exhibit 6.2,
      stating the following:

    

    
      	 	
              (a)

            	
              Certain
                Agreements.
                Except as listed on Schedule 4.10, there are no management or consulting
                agreements with any third parties to provide services to
                eGo.

            

    

    

    
      	 	
              (b)

            	
              No
                Material Adverse Change.
                Prior to Closing, there shall be no material adverse change in the
                assets
                or liabilities, the business or condition, financial or otherwise,
                the
                results of operations, or prospects of eGo, whether as a result of
                any
                legislative or regulatory change, revocation of any license or rights
                to
                do business, fire, explosion, accident, casualty, labor trouble,
                flood,
                drought, riot, storm, condemnation or act of God or other public
                force or
                otherwise.

            

    

    

    
      	 	
              (c)

            	
              Truth
                of Representations and Warranties.
                The representations and warranties of eGo contained in this Agreement
                or
                in any Schedule attached hereto shall be true and correct on and
                as of the
                Closing with the same effect as though such representations and warranties
                had been made on and as of such date.

            

    

    

    
      	 	
              (d)

            	
              Performance
                of Agreements.
                All of the agreements of eGo to be performed on or before the Closing
                pursuant to the terms hereof shall have been duly performed.
                

            

    

    

    
      	 	
              (e)

            	
              No
                Litigation Threatened.
                No action or proceedings shall have been instituted or threatened
                before a
                court or other government body or by any public authority to restrain
                or
                prohibit any of the transactions contemplated hereby.
                

            

    

    

    6.3 Patents
      and/or Patent Applications are in Good Standing.
      eGo
      shall deliver to American Security Resources, an Attorney’s opinion that all
      Patents and/or Patents Applications enumerated in the Exclusive
      Fuel Cell License are
      owned
      by eGo and that all said Patents are in good standing with all governmental
      entities that oversee US patents, which shall be attached hereto as Exhibit
      6.3,
      with the following attached as exhibits: 

    

    
      	 	
              (a)

            	
              copies
                of all Patents, all amendments thereto, in each case certified by
                the US
                Patent Office or other appropriate governmental entity;
                and

            

    

    

    
      	 	
              (b)

            	
              a
                resolution of eGo’s Board of Directors approving the transactions
                contemplated hereby and authorizing the President and Secretary of
                each
                entity to execute this Agreement and all documents necessary to consummate
                the sale of the Exclusive Fuel Cell License.

            

    

    

    6.4 Governmental
      Approvals.
      All
      governmental and other consents and approvals, if any, necessary to permit
      the
      consummation of the transactions contemplated by this Agreement shall have
      been
      received. 

    

    6.5 Proceedings.
      All
      proceedings to be taken in connection with the transactions contemplated by
      this
      Agreement and all documents incident thereto shall be satisfactory in form
      and
      substance to American Security Resources and their counsel, and American
      Security Resources shall have received copies of all such documents and other
      evidences as they or their counsel may reasonably request in order to establish
      the consummation of such transactions and the taking of all proceedings in
      connection therewith.

    

    6.6 Unaudited
      Financial Statements.
      eGo’s
      unaudited balance sheets, income statements and statements of cash flows of
      eGo
      as of September 30, 2005 shall have been completed and delivered before
      Closing.

    

    6.7 Employment
      Agreements.
      At some
      point in the future, American Security Resources and eGo may enter into
      employment agreements with Shareholders---. Further, American Security Resources
      has the right to purchase, at its own expense, keyman insurance on the
      Shareholders, where the name of the insured is a Shareholder and the beneficiary
      is American Security Resources. The Shareholders will cooperate to their fullest
      ability to obtain said keyman insurance at the request of American Security
      Resources. 

    

    ARTICLE
      7

    CONDITIONS
      TO THE OBLIGATIONS OF

    THE
      SHAREHOLDERS AND EGO

    

    The
      obligations of the Shareholders and eGo at Closing Date are conditioned upon
      satisfaction, on or prior to such date, of the following
      conditions:

    

    7.1 Secretary’s
      Certificate.
      American Security Resources shall have delivered to eGo, a Secretary’s
      certificate, attached hereto as Exhibit 7.1, with the following attached as
      exhibits:

    

    
      	 	
              (a)

            	
              copies
                of the Articles of Incorporation, including all amendments thereto,
                of
                American Security Resources; 

            

    

    

    
      	 	
              (b)

            	
              copies
                of resolutions of the Board of Directors of American Security Resources
                approving this Agreement; and

            

    

    

    
      	 	
              (c)

            	
              certificates
                from the Secretary of State of the State of Nevada to the effect
                that
                American Security Resources is in good standing in such State and
                listing
                all charter documents, including all amendments thereto, of American
                Security Resources on file.

            

    

    

    7.2 Truth
      of Representations and Warranties.
      The
      representations and warranties of American Security Resources contained in
      this
      Agreement shall be true and correct on and as of the Closing with the same
      effect as though such representations and warranties had been made on and as
      of
      such date, and American Security Resources shall have delivered to eGo a
      certificate, dated as of the Closing, to such effect.

    

    ARTICLE
      8

    SURVIVAL
      OF REPRESENTATIONS

    

    

    8.1 Survival
      of Covenants and Agreements.
      The
      respective representations, warranties, covenants and agreements of eGo and
      American Security Resources contained in this Agreement, or any Schedule
      attached hereto or any agreement or document delivered pursuant to this
      Agreement shall survive for a period of twelve months from the consummation
      of
      the transactions contemplated hereby; provided, however, that the
      representations, warranties and agreements made with regard to taxes and ERISA
      matters shall survive until the applicable statutes of limitations have expired;
      and provided further, however, that with respect to any covenant, term or
      provision to be performed hereunder or in any of the Schedules hereto or any
      documents or agreements delivered hereunder, the right of indemnification under
      this Article 8 shall survive until such covenant, term or provision has been
      fully paid, performed or discharged. 

    

    ARTICLE
      9

    MISCELLANEOUS

    

    9.1 Knowledge
      of eGo and American Security Resources.
      Where
      any representation or warranty contained in this Agreement is expressly
      qualified by reference to the knowledge, information and belief of the
      Shareholders, eGo or American Security Resources, as the case may be, confirm
      that they have made due and diligent inquiry as to the matters that are the
      subject of such representations and warranties.

    

    9.2 Expenses.
      Except
      as otherwise provided for herein, the parties hereto shall pay all of their
      own
      expenses relating to the transactions contemplated by this Agreement, including,
      without limitation, the fees and expenses of their respective counsel and
      financial advisers. 

    

    9.3 Governing
      Law.
      The
      interpretation and construction of this Agreement, and all matters relating
      hereto, shall be governed by the laws of the State of Texas applicable to
      agreements executed and to be performed solely within such State without regard
      to conflicts of laws.

    

    9.4 Jurisdiction.
      Any
      judicial proceeding brought against any of the parties to this Agreement on
      any
      dispute arising out of this Agreement or any matter related hereto may be
      brought in the courts of the State of Texas, or in the Federal Courts for the
      Southern District of Texas, and, by execution and delivery of this Agreement,
      each of the parties to this Agreement accepts the exclusive jurisdiction of
      such
      courts, and irrevocably agrees to be bound by any judgment rendered thereby
      in
      connection with this Agreement. The prevailing party or parties in any such
      litigation shall be entitled to receive from the losing party or parties all
      costs and expenses, including reasonable counsel fees, incurred by the
      prevailing party or parties.

    

    9.5 Captions.
      The
      Article and Section captions are used herein for reference purposes only, and
      shall not in any way affect the meaning or interpretation of this
      Agreement.

    

    9.6 Publicity.
      Except
      as otherwise required by law, none of the parties hereto shall issue any press
      release or make any other public statement, in each case relating to, connected
      with or arising out of this Agreement or the matters contained herein, without
      obtaining the prior approval of American Security Resources and eGo to the
      contents and the manner of presentation and publication thereof. The parties
      hereto agree that the execution of this Agreement requires the release of
      information to the financial press concerning this acquisition and accordingly
      agree to promptly issue a press release mutually acceptable to eGo and American
      Security Resources and to file a Form 8-K report with the Securities and
      Exchange Commission containing this agreement and all exhibits and schedules
      hereto.

    

    9.7 Notices.
      Any
      notice or other communication required or permitted hereunder shall be deemed
      sufficiently given when delivered in person, one business day after delivery
      to
      a reputable overnight carrier, four business days if delivered by registered
      or
      certified mail, postage prepaid or when sent by telecopy with a copy following
      by hand or overnight carrier or mailed, certified or registered mail, postage
      prepaid, addressed as follows: 

    

    If
      to
eGo: 

    

    eGO
      Design, Inc.

    18861
      S.W. Martinazzi, Suite 203j

    Tualatin,
      Oregon 97062

    Attn:
      James Twedt

    

     

    If
      to
American
      Security Resources:

    

    American
      Security Resources

    9601
      Katy
      Freeway, Suite 220

    Houston,
      Texas 77024

    Attn:
      Joe
      E. Grace, Chairman

    

    With
      a
      copy to:

    

    Victor
      L.
      McCall, Esquire

    The
      McCall Law Firm

    420
      E.
      Lamar Blvd., Suite 100

    Arlington,
      Texas 76011

    

    9.8 Parties
      in Interest.
      This
      Agreement may not be transferred, assigned, pledged or hypothecated by any
      party
      hereto, other than by operation of law. This Agreement shall be binding upon
      and
      shall inure to the benefit of the parties hereto and their respective heirs,
      executors, administrators, successors and assigns.

    

    9.9 Counterparts.
      This
      Agreement may be executed in two or more counterparts, all of which taken
      together shall constitute one instrument.

    

    9.10 Entire
      Agreement.
      This
      Agreement, including the Schedules hereto and the other documents referred
      to
      herein which form a part hereof, contain the entire understanding of the parties
      hereto with respect to the subject matter contained herein and therein. This
      Agreement supersedes all prior agreements and understandings between the parties
      with respect to such subject matter.

    

    9.11 Amendments.
      This
      Agreement may not be changed orally, but only by an agreement in writing signed
      by American Security Resources, the Shareholders and eGo.

    

    9.12 Severability.
      In case
      any provision in this Agreement shall be held invalid, illegal or unenforceable,
      the validity, legality and enforceability of the remaining provisions hereof
      will not in any way be affected or impaired thereby.

    

    9.13 Third
      Party Beneficiaries.
      Each
      party hereto intends that this Agreement shall not benefit or create any right
      or cause of action in or on behalf of any Person other than the parties
      hereof.

    

    	9.14  	
            Cooperation
              After Closing.
              From and after Closing, each of the parties hereto
              shall

          

    execute
      such documents and other papers and take such further actions as may be
      reasonably required or desirable to carry out the provisions hereof and the
      transactions contemplated hereby.

    

    IN
      WITNESS WHEREOF, American Security Resources Corporation and eGo Designs, Inc.
      have executed this Agreement, all as of the day and year first above
      written. 

    
 

    AMERICAN
      SECURITY RESOURCES CORPORATION

    

    
      	
              By:
                /s/ Frank R Neukomm

            
	
              Frank
                R Neukomm, CFO, Director and Secretary

            
	 
	
              eGo
                DESIGN, INC.

               

            
	
              By:
                /s/ Ed Davis

            
	
              Ed
                Davis, Shareholder

            
	 
	
              By:
                /s/ Ben Schafer

            
	
              Benjamin
                F. Schafer, Shareholder

            
	 
	
              By:
                /s/ Jim Twedt

            
	
              James
                Twedt, Shareholder

            
	 

    

    

    

    

    

    

    

    
      
        
          

        

         

      

      
         

        
          

        

      

      
         

        
        

      

    

    SECURITIES
      PURCHASE AGREEMENT

    DATED
      OCTOBER 28, 2005

    BY
      AND BETWEEN 

    AMERICAN
      SECURITY RESOURCES CORPORATION, 

    AND
      eGO DESIGNS, INC.

    

    

    

    

    SCHEDULES
      & EXHIBITS

    

    

    

    eGo
      Schedules

    

    4.6(a) Financial
      Statements dated October 28, 2005

    4.6(b) Material
      Adverse Changes since September 30, 2005

    4.7   Books
      and
      Records

    4.8  Title
      to
      Properties

    4.9  Leases

    4.10 Material
      Contracts

    4.11 Restrictive
      Documents 

    4.12 Litigation
      

    4.13 Taxes

    4.14 Liabilities

    4.18
      Changes Since the December 31, 2004 Balance Sheet

    4.18(f)
      Schedule of Bonuses

    4.20  
Broker's/Finder's
      Fees

    Exhibits

    

    6.1
Secretary’s
      Certificate of eGo

    6.2
President’s
      Certificate of eGo

    6.3 Attorney’s
      Opinion Letter stating eGo’s Patents are owned by eGo and are in Good
      Standing

    7.1
Secretary’s
      Certificate of American Security Resources

    7.2
      President’s Certificate of American Security
      Resources

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}]]