Document:

Collaboration Agreement dated July 31, 2006

 Exhibit 10.29 
 COLLABORATION AGREEMENT 
 Party A: Shanghai Pudong Development Bank Suzhou Branch

 Party B: Multi-Fineline Electronix (Suzhou) Co., Ltd 
 In
view to further strengthen the close relationship between Party A (hereinafter called A) and Party B (hereinafter called B) and on the base of the principles of equality and mutual benefit, both parties, through friendly negotiation, have agreed to
enter into the following agreement under the terms specified as followed: 
 I With the total amount of USD 10 million credit line, A facilitate with B
with varied corporate financing types, including short-time loan, issuing of L/C, banking acceptance bills, etc. 
 If the loan currency is RMB, the
loan’s interest rate is 10% downward the benchmark stipulated by the People’s Bank of China; 
 If the loan
currency is foreign exchange, the loan’s interest rate is LIBOR (fluctuating everyday) plus 75 base points. 
 II With the minimum deposit amount of USD
3 million, the interest will be calculated with the interest rate of LIBOR minus 15 base points. 
 III L/C issuance
will be charged on the basis of 0.72‰ per L/C. 

 IV T/T remittance will be charged as follows: maximum, RMB 500 yuan; minimum, RMB 50 yuan, below RMB 50 or above RMB 500
the fee will be charged on the basis of 0.45‰. 
 V Currencies exchange rate is as follows: if exchange amount is above 0.2 million US dollars,
foreign currency exchanging into RMB can be adjusted upward 100 base points on the basis of purchase price; if below 0.2 million, upward 85 base points. 
 VI L/C negotiation will be charged on the basis of 0.9‰. 
 VII B will open RMB and USD settlement account in A, and B should look upon A as the main collaboration bank. 
 VIII After the contract takes into effect, both parties will negotiate and replenish the contract as soon as the contract has any conflict with the Laws regulations and
rules of China. 
 IX The duration for this contract is from 31 July, 2006 to 31 July, 2007. 
 X With two originals to A and B respectively, this agreement will be taken into effect with the stamps of both parties. 
  

									
	 Party A:
	 	 /s/ Yan Qi
	 		 	 Party B:
	 	 /s/ Philip A. Harding

					
	 	 	 	 	 	 		 	 
		 		 		 	 Date: 31 July, 2006Collaboration Agreement dated July 31, 2006

 Exhibit 10.30 
 COLLABORATION AGREEMENT 
 Party A: Shanghai Pudong Development Bank Suzhou Branch

 Party B: Multi-Fineline Electronix (Suzhou No.2) Co., Ltd 
 In view to further strengthen the close relationship between Party A (hereinafter called A) and Party B (hereinafter called B) and on the base of the principles of equality and mutual benefit, both parties, through
friendly negotiation, have agreed to enter into the following agreement under the terms specified as followed: 
 I With the total amount of USD
10 million credit line, A facilitate with B with varied corporate financing types, including short-time loan, issuing of L/C, banking acceptance bills, etc. 
 If the loan currency is RMB, the loan’s interest rate is 10% downward the benchmark stipulated by the People’s Bank of China; 
 If the loan currency is foreign exchange, the loan’s interest rate is LIBOR (fluctuating everyday) plus 75 base points. 
 II With the minimum deposit amount of USD 3 million, the interest will be calculated with the interest rate of LIBOR minus 15 base points. 
 III L/C issuance will be charged on the basis of 0.72‰ per L/C. 

 IV T/T remittance will be charged as follows: maximum, RMB 500 yuan; minimum, RMB 50 yuan, below RMB 50 or above RMB 500
the fee will be charged on the basis of 0.45‰. 
 V Currencies exchange rate is as follows: if exchange amount is above 0.2 million US dollars,
foreign currency exchanging into RMB can be adjusted upward 100 base points on the basis of purchase price; if below 0.2 million, upward 85 base points. 
 VI L/C negotiation will be charged on the basis of 0.9‰. 
 VII B will open RMB and USD settlement account in A, and B should look upon A as the main collaboration bank. 
 VIII After the contract takes into effect, both parties will negotiate and replenish the contract as soon as the contract has any conflict with the Laws regulations and
rules of China. 
 IX The duration for this contract is from 31 July, 2006 to 31 July, 2007. 
 X With two originals to A and B respectively, this agreement will be taken into effect with the stamps of both parties. 
  

									
	 Party A:
	 	 /s/ Yan Qi
	 		 	 Party B:
	 	 /s/ Philip A. Harding

					
	 	 	 	 	 	 		 	 
		 		 		 	 Date: 31 July, 2006Equity Financing Agreement

 Exhibit 10.1 
 AMENDMENT NO. 1 TO THE 
 STEP-UP EQUITY FINANCING AGREEMENT 
 Dated July 31, 2006 
 CELL THERAPEUTICS,
INC. 
 SOCIÉTÉ GÉNÉRALE 

 AMENDMENT NO. 1 TO THE 
 STEP-UP EQUITY FINANCING AGREEMENT 
 BETWEEN 
 CELL THERAPEUTICS, INC. a Washington corporation with headquarters located at 501 Elliott Avenue, Suite 400, Seattle, Washington 98119, represented by
James A. BIANCO, duly empowered, 
 (hereinafter the “Issuer”) 
 AND 
 SOCIÉTÉ GÉNÉRALE a French
société anonyme with a share capital of EUR 548,043,436.25, headquarters located at 29, boulevard Haussmann - 75009 Paris, France, registered under No. 552 120 222 RCS Paris, represented by Thierry du BOISLOUVEAU, duly empowered,

 (hereinafter the “Subscriber”) 
 WHEREAS 
 The parties have previously entered into the Step-Up Equity Financing Agreement (hereinafter, and including
the exhibits and schedules thereto, the “Agreement”) which provides the Issuer with the right to raise cash pursuant to one or more share issues. 
 Pursuant to this Amendment No. 1, dated as of July 31, 2006 (this “Amendment”), each of the Issuer and the Subscriber wish that certain terms of the Agreement be amended as follows. 
  

 2 

 IT IS HEREBY AGREED AS FOLLOWS: 
 1. Section 8.2 of the Agreement is amended and restated in its entirety as follows: 
  

	 	“8.1	Advisory Fee 

 For services rendered to advise on
the transactions contemplated hereby, the Issuer shall pay to the Subscriber a fee equal to 800,000 EUR (excluding VAT) within five (5) Business Days of the date that the condition set forth in Section 4.3(b) shall have been
satisfied.” 
 2. Section 13 of the Agreement is amended and restated in its entirety as follows: 
  

	 	“13.	Termination 

 Upon occurrence of an Event of
Default, the Subscriber shall have the right to demand that such Event of Default be remedied by the Issuer. If the Subscriber so demands, the Issuer shall have one (1) month from the date of the demand to remedy the Event of Default, after
which period, if the Event of Default shall not have been so remedied, this Agreement shall automatically terminate. In addition, if the condition set forth in Section 4.3(b) shall not have been satisfied on or prior to 30th September
2006, this Agreement shall automatically terminate on 30th September 2006. Any termination of this Agreement shall be without liability of any party to any other party except that the provisions of (i) Articles 1 through 6 and 10 of this
Agreement, with respect only to any pending Share Issue, and (ii) Articles 7, 8, 11, 13 and 14 of this Agreement, shall remain in full force and effect notwithstanding such termination. 
 Nothing in this Article 13 shall relieve any party to this Agreement of liability for any breach of this Agreement prior to its termination.”

  

 3 

 3. This Amendment shall be governed by, and construed in accordance with, the laws of the Republic of Italy,
except where mandatorily governed by other laws, and each of the parties irrevocably submits to the jurisdiction of the Court of Milan, which shall have non exclusive jurisdiction to hear and decide any suit, action, dispute or proceeding relating
to this Amendment. 
 4. Except as expressly amended hereby, the parties to this Amendment intend for the Agreement to remain in full force and effect
and to be legally bound by the Agreement as amended by this Amendment. 
 [SIGNATURE PAGE TO FOLLOW] 
  

 4 

 Dated as of July 31, 2006, and signed in two originals. 
  

					
	Cell Therapeutics, Inc.	 		 	SOCIÉTÉ GÉNÉRALE
			
	 /s/ James A. Bianco
	 		 	 /s/ Thierry du Boislouveau

	 Represented by: James A. BIANCO
	 		 	Represented by: Thierry du BOISLOUVEAU
	 Title: President and Chief Executive Officer
	 		 	Title: Legal RepresentativeExhibit 10.1

    

    
      

    

    Letter
      of Intent for a Joint Venture Agreement

    Between
      Teliphone Inc. and Intelco Communication, Inc.

    

    

    Dated
      July 14, 2006

    

    

    By
      and
      between:

    

    

    Teliphone
      Inc. “Teliphone”
      a
      Canadian Corporation having offices located at 1080 Beaver Hall, Suite 1555,
      Montreal, Quebec, Canada H2Z 1S8, hereby represented by George Metrakos, its
      President & CEO, duly authorized as he so declares,

    

    

    And

    

    

    Intelco
      Communications, “Intelco”,
      a
      Canadian corporation having offices located at 4150 Ste-Catherine St West,
      suite
      200, Montreal, Quebec, Canada, H3Z 2Y5, hereby represented by Serge Farman,
      its
      Executive Vice-President, duly authorized as he so declares,

    

    

    And

    

    3901823
      Canada Inc., “3901823”,
      a
      Canadian corporation (and majority shareholder of Intelco) having offices
      located at 4150 Ste-Catherine St West, suite 200, Montreal, Quebec, Canada,
      H3Z
      2Y5, hereby represented by Serge Farman, its Executive Vice-President, duly
      authorized as he so declares,

    

    

    Collectively
      known as “the
      Parties”

    

    

    And

    

    

    Benoit
      Laliberté,
      businessman, domiciled at 220 de la coulée, Mont-St-Hilaire, Qc, Canada. (Benoit
      Laliberté signature required for investment as described in section 5 and
      personal guarantee in item 2.7).

    

    Whereas
      the parties wish to set forth the guidelines in this Letter of Intent (LOI)
      and
      subsequent Agreement in order to merge their operations and for Teliphone to
      provide to Intelco a white-label version of its VoIP platform.

    

    
      	1.  	
              Intent
                & Objective:

            

    

    

    
      	1.1.  	
              To
                leverage Intelco’s global distribution channel of pre-paid calling cards
                and telecommunications services by introducing Teliphone’s VoIP services
                to their existing and future client
                base.

            

    

     

    
      
        
        

      

      
         

        
          

        

      

      
        
        

      

      
        

      

       

    

    
      	1.2.  	
              To
                leverage Teliphone’s technology and experience with its initial clients in
                order to provide Intelco with a proven VoIP product to sell to the
                global
                market.

            

    

    

    
      	1.3.  	
              To
                immediately (within 3-6 months) turn Teliphone’s current operations to
                cash flow positive by merging operations with Intelco and thereby
                reducing
                Teliphone’s required cash outflows over the next 12
                months.

            

    

    

    
      	2.  	
              White-Label
                Version of Teliphone`s VoIP platform for
                Intelco

            

    

    

    Actual
      costs and in-kind contributions made for this white-label platform are presented
      in tabular form in Appendix A.

    

    
      	2.1.  	
              Teliphone
                will provide to Intelco a white label version of its VoIP platform
                for use
                by Intelco for promotion of its line of VoIP products without commercial
                restriction to the global
                marketplace.

            

    

    

    
      	2.2.  	
              Intelco
                will pay Teliphone 1$ per month per active subscriber as a software
                license fee. The minimum amount paid will be based on a ramp-up period
                as
                described in item 2.6 below and the maximum will be $12,000 per month.
                These amounts will remain as an advance from Teliphone for 12 months
                from
                the signing of this LOI and will be converted as described in section
                6.

            

    

    

    
      	2.3.  	
              Above
                and beyond the twelve thousandth customer, Teliphone will receive
                $0.15
                per Intelco subscriber per month. In return, Teliphone will ensure
                that
                all of the necessary resources within Teliphone’s team and technology is
                in place in order to meet Intelco’s requirements for modifications of
                their white label platform.

            

    

    

    
      	2.4.  	
              Intelco’s
                customers’ traffic will be passed entirely on Intelco’s network (ie.
                Intelco assumes DID costs, call origination and call termination
                costs).

            

    

    

    
      	2.5.  	
              Teliphone
                will invoice any actual variable costs that may be incurred by Teliphone
                in order to supply service to these customers (ie. E9-1-1 PSAP call
                services).

            

    

    

    
      	2.6.  	
              The
                following period will comprise the minimum amounts being charged
                per
                subscriber per month for the software license fee as described in
                item 2.2
                above:

            

    

    

    
      	2.6.1.  	
              Month
                1:0$

            

    

    
      	2.6.2.  	
              Month
                2:The
                greater of 1$/subscriber and $1,000

            

    

    
      	2.6.3.  	
              Month
                3:The
                greater of 1$/subscriber and $2,000

            

    

    
      	2.6.4.  	
              Month
                4:The
                greater of 1$/subscriber and $3,500

            

    

    
      	2.6.5.  	
              Month
                5 and onwards:The
                greater of 1$/subscriber and $5,000
                *

            

    

    

    *
      During
      this period, as described in 2.2 above, the maximum paid by Intelco will be
      $12,000. As described in 2.5, above and beyond the twelve thousandth customer,
      Intelco will pay only $0.15 per subscriber per month for the software license
      fee.

    

    
      	2.7.  	
              New
                technological developments created by Benoit Laliberté (Personal
                commitment)

            

    

    

    Benoit
      Laliberté personally commits to making available any and all new technological
      developments where he is directly or indirectly involved in creating to the
      disposal of Intelco via their Teliphone white label 

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

      

    

    
      

    

     

    platform
      for a no-cost license, with no royalties on future sales for the use by Intelco
      as it sees fit to commercialize.

    

    
      	3.  	
              Usage
                of Intelco’s
                Infrastructure

            

    

    

    Actual
      costs and in-kind contributions made for these operational expenses are
      presented in tabular form in Appendix A.

    

    
      	3.1.  	
              Intelco
                will provide the following services to
                Teliphone:

            

    

    

    
      	3.1.1.  	
              Rent.
                Teliphone will move from its current offices at 1080 Beaver Hall,
                to
                Intelco’s offices located at 4150 Ste-Catherine street, Montreal. This is
                valued at $2,500 per month.

            

    

    

    
      	3.1.2.  	
              Telecom
                network fixed costs. Intelco will provide to Teliphone usage of
                origination and termination of call traffic across its entire network
                of
                PRI’s. These are valued at the current market price of $0.007 per minute.
                The amounts charged will be the greater of the actual charges and
                $7,000
                per month.

            

    

    

    
      	3.1.3.  	
              Telecom
                network variable costs. Intelco will invoice any actual variable
                costs
                that may be incurred by Teliphone across its network (ie. Monthly
                DID
                costs, any additional origination or termination costs that are incurred
                that are not part of Intelco’s fixed cost
                operations).

            

    

    

    NOTE:
      Teliphone will port over all of its Montreal and Toronto DID’s and subsequent
      origination and termination traffic to Intelco and subsequently cancel its
      5
      Montreal and 1 Toronto PRI’s with Rogers Business Solutions. Teliphone will,
      however, maintain its own PRI’s for cities which it deems necessary and that are
      not part of Intelco’s network.

    

    
      	3.1.4.  	
              Hosting
                and co-location services. Intelco will provide the following to Teliphone
                within its own in-house data center (valued at $2,500 per
                month):

            

    

    
      	3.1.4.1.  	
              4
                full cabinets for Teliphone’s existing hardware
                equipment

            

    

    
      	3.1.4.2.  	
              The
                necessary bandwidth for Teliphone’s operations (currently 2 MB per
                month)

            

    

    
      	3.1.4.3.  	
              60
                Amps continuous at 120Volts electrical power supply with back-up
                UPS.

            

    

    

    
      	3.2.  	
              New
                hardware will be acquired in September 2006 in order to house both
                Teliphone’s and Intelco’s VoIP customers. This equipment is estimated to
                require 1⁄2 cabinet of space and will be located within Intelco’s cabinets
                located at Teleglobe, along with Teliphone’s telecom
                equipment.

            

    

    

    
      	3.3.  	
              Any
                amounts forwarded to Teliphone by Intelco will remain as an advance
                from
                Intelco for 12 months from the signing of this LOI and will be converted
                as described in section 6.

            

    

    

    
      	4.  	
              Establishment
                of a Line of Credit

            

    

    

    
      	4.1.  	
              3901823
                will provide Teliphone a $75,000 a line of credit with the following
                disbursements:

            

    

    

    
      	4.1.1.  	
              $25,000
                at the signing of this LOI

            

    

    
      	4.1.2.  	
              $25,000
                at the installation of Teliphone’s equipment within Intelco’s data center
                and a notarized and executed lean on the assets as described in
                4.3.

            

    

    
      	4.1.3.  	
              $25,000
                when Teliphone’s equipment is able to handle the activation of new
                Intelco’s clients.

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    
      
        

      

    
      	4.2.  	
              The
                totality of the line of credit must be repaid by Teliphone by December
                21,
                2006. If any amounts are outstanding at this time, then Teliphone
                will be
                considered in default, at which time Teliphone will have 10 days
                to remit
                all outstanding amounts back to
                3901823.

            

    

    

    
      	4.3.  	
              In
                the event that Teliphone does not reimburse the full outstanding
                amount to
                3901823 by December 31, 2006, Intelco will receive ownership of
                Teliphone’s current assets (cash, pre-paid deposits and accounts
                receivable), capital assets (property, plant and equipment) and
                intellectual property in order for Intelco’s VoIP program to continue
                under 3901823’s ownership. A first level lien on the assets will be
                notarized and signed after signing of this
                LOI.

            

    

    

    
      	4.4.  	
              Teliphone
                agrees to sign over the $56,000 of receivables pertaining to its
                2004 and
                2005 research and development tax credits which it estimates to receive
                by
                October 1, 2006 to 3901823 in order to guarantee a major part of
                these
                disbursements. Teliphone will forward any cash received from this
                funding
                directly to 3901823 upon receipt.

            

    

    

    
      	5.  	
              Investment
                in Teliphone by Benoit
                Laliberté.

            

    

    

    
      	5.1.  	
              Benoit
                Laliberté agrees to provide to Teliphone an additional $30,000 for use by
                Teliphone in order to cover any additional cash flow requirements
                by
                Teliphone as required during the transition phase. The following
                disbursements will be taken on Benoit Laliberté’s credit
                card:

            

    

    

    
      	5.1.1.  	
              $15,000
                in July 2006

            

    

    
      	5.1.2.  	
              $15,000
                in August 2006

            

    

    

    
      	6.  	
              Conversion
                of Amounts Owing after 12 Months of Merged
                Operations

            

    

    

    
      	6.1.  	
              Based
                on the values of in-kind contributions that will be made over the
                next 12
                months, Teliphone will have an outstanding advance from Intelco when
                both
                advances are netted.

            

    

    

    
      	6.1.1.  	
              The
                netted $ value will be converted to options exercisable into Class
                A
                voting shares of the common stock of Teliphone. The valuation that
                will be
                used is $1,000,000, which means that each $10,000 of netted investment
                in
                Teliphone will be equal to 1%. It is estimated that the net advance
                will
                be $75,000, or options on 7.5%. These shares will be in the name
                of
                Intelco.

            

    

    

    
      	6.2.  	
              Subsequent
                to this conversion, both Teliphone and Intelco will commence to invoice
                each other for their respective services being offered, with payments
                due
                within 30 days upon receipt of
                invoice.

            

    

    

    
      	7.  	
              3901823
                Acquisition of Voting, Class A Common Shares of
                Teliphone

            

    

    

    
      	7.1.  	
              OSK
                currently holds 104 class A common voting shares, representing all
                of the
                outstanding shares of Teliphone.

            

    

    

    
      	7.2.  	
              Teliphone
                will issue from treasury an additional 35 class A voting shares to
                3901823. The resulting ownership will be OSK 74.8% and 3901823,
                25.2%.

            

    

    

    
      	7.3.  	
              In
                consideration of this new minor position, Intelco will be awarded
                one seat
                on Teliphone’s Board of Directors. The newly appointed board member will
                be provided full access to Teliphone’s financial reporting information as
                required.

            

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    
      
        

      

    
      	8.  	
              Additional
                considerations of this
                LOI

            

    

    

    
      	8.1.  	
              Intelco
                will gain a ‘first right of refusal’ in the event that an offer to
                purchase Teliphone is made in the future or on the issuance of any
                new
                shares.

            

    

    

    
      	8.2.  	
              Teliphone
                will assign its Telecommunications Services Agreement Kore Wireless
                Canada
                Inc. to Intelco pending assignment and re-negotiation of terms by
                Kore
                Wireless Canada Inc.

            

    

    

    
      	8.3.  	
              Teliphone
                will immediately enter into discussions with its long term debt holders
                to
                restructure its long term debt and advances (particularly from its
                Parent
                Company OSK Capital II Corp and affiliated company 3894517 Canada
                Inc. /
                United American Corporation).

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

      

    

    
      
        

      

    
      
        	
                Agreed and signed in Montreal, Quebec,
                  Canada,

                 

                 

              	 
	
                /s/
                  Bassim Kano

                Basso Kano

                Executive Vice President

                Intelco
                  Communication    

              	
                /s/ George Metrakos

                George Metrakos 

                President & CEO

                Teliphone Inc.

              
	
                 

                 

                /s/
                  Serge Farman

                Serge
                  Farman

                Executive
                  Vice President

                3901823
                  Canada Inc.

              	 
	
                 

                 

                /s/
                  Benoit Laliberte'

                Benoit
                  Laliberté

                For
                  personal guarantee as outlined in item 2.7 and section 5.

              	 

      

    

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

      

    

    
      
        

      

    Appendix
      A. - Summary of In-kind and Cash disbursements

    

    
      	
              Disbursement

            	
              Estimated
                $ Value

            	
              Payment
                consideration

            
	 	 	 
	
              Teliphone

            	 	 
	
              Software
                license

            	
              $1.00
                / subscriber / month

            	
              Advance
                from Teliphone

            
	
              Network
                (variable) (1)

            	
              At
                cost

            	
              Net
                30 days upon presentation of invoice

            
	
              Network
                (fixed) (2)

            	
              At
                cost

            	
              Advance
                from Teliphone

            
	 	 	 
	
              Intelco

            	 	 
	
              Rent

            	
              $2,500
                per month

            	
              Advance
                from Intelco

            
	
              Network
                (variable) (3)

            	
              At
                cost

            	
              Net
                30 days upon presentation of invoice

            
	
              Network
                (fixed) (4)

            	
              At
                cost

            	
              Advance
                from Intelco

            
	
              Co-location
                services

            	
              $2,500
                per month

            	
              Advance
                from Intelco

            

    

    

    
      	(1)  	
              These
                represent any incremental costs that Teliphone must incur in order
                to
                house Intelco’s clients, such as E9-1-1 PSAP services or DID’s on any of
                Teliphone’s PRI’s that Intelco does not have, such as Gatineau, Hull,
                Pont-Viau, Chomedy, Granby or
                St-Hyacinthe.

            

    

    

    
      	(2)  	
              These
                represent any costs incurred by Teliphone for passing traffic on
                Teliphone’s PRI’s for Intelco, such as per minute origination and
                termination costs (current price of $0.007 per minute). PRI’s include
                Granby, St-Hyacinthe, Chomedy/Pont-Viau or
                Gatineau/Hull.

            

    

    

    
      	(3)  	
              These
                represent DID costs incurred by Intelco for Teliphone’s customers over
                Intelco’s Montreal, Toronto, Quebec City or any other of their US or
                Canadian PRI’s.

            

    

    

    
      	(4)  	
              These
                represent any costs incurred by Intelco for passing Teliphone traffic
                on
                Intelco’s PRI’s including Montreal, Toronto, Quebec City or any other of
                their US or Canadian PRI’s (current price of $0.007 per
                minute).

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