Document:

Unassociated Document

    AMENDMENT
      TO EMPLOYMENT AGREEMENT

     

    Amendment
      dated as of January 26, 2006 to the Employment Agreement dated as of the
      5th
      day of
      August 2006 (“Original Agreement”) by and between bioMETRX, Inc., formerly known
      as MarketShare Recovery, Inc., a Delaware corporation (the “Company”) and
      Lorraine Yarde (“Ms. Yarde”).

    

    WHEREAS,
      Ms. Yarde has been and continues to be a valuable employee of the Company;
      and

    

    WHEREAS,
      the Company wishes to continue to retain the services of Ms. Yarde;
      and

     

    WHEREAS,
      the Company and Ms. Yarde have agreed to amend the Original Agreement so as
      to
      insure that she continues as an employee of the Company.

    

    NOW
      THEREFORE, in consideration of the agreements set forth in the Amendment
      (defined below) and those contained in the Original Agreement, the parties
      agree
      as follows:

    

    A. CERTAIN
      DEFINITIONS.

    

    (a) 
      Except
      as otherwise provided in this agreement, all words and terms defined in the
      Original Agreement, have the same meanings in this agreement as such defined
      words and terms are given in the Original Agreement. 

    

    (b) “Agreement”
      means the Original Agreement dated August 5, 2005, as supplemented and amended
      by this agreement and as from time to time further supplemented and
      amended.

    

    (c) “Amendment”
      means this agreement dated as of January 26, 2006.

    

    B. RECITALS.
      The
      entire “Recitals” section of the Original Agreement is deleted and replaced to
      read as follows:

    

    “RECITALS

    

    WHEREAS,
      the Company, through its Board of Directors, considers the maintenance of
      competent and experienced executive officers to be essential to its long-term
      success; and 

    

    WHEREAS,
      in this regard, the Company has determined that it is in its best interests
      to
      employ Ms. Yarde as the Company’s Chief Operating Officer.”

    

    C. EMPLOYMENT
      TERM.
      Section
      2
      of the Original Agreement is deleted and replaced to read as
      follows:

    

    “The
      initial term of employment shall be for a period of three (3) years commencing
      as of the date of this Amendment. After the initial term, this Agreement shall
      be automatically extended for additional one year terms on the annual
      anniversary date of this Amendment, unless either the Company, through its
      Board, or Ms. Yarde gives contrary written notice (the “Non-Renewal Notice”) to
      the other not less than three (3) months in advance of such anniversary date.
      References herein to the term of this Agreement, as amended, shall refer to
      both
      such initial term and such successive terms.”

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    D. COMPENSATION.
      Section
      5(a) of the Original Agreement is deleted and replaced to read as
      follows:

    

    “(a) Salary.
      The Company shall pay Ms. Yarde a base annual salary hereunder of not less
      than
      $150,000, payable in equal semimonthly installments. Ms. Yarde’s base annual
      salary may be increased from time to time as determined by the Board and, if
      so
      increased, such base annual salary shall not thereafter, during Ms. Yarde’s
      employment under this Agreement, as amended, be decreased and the obligation
      of
      the Company hereunder to pay Ms. Yarde’s base annual salary shall thereafter
      relate to such increased base annual salary. The base salary may be deferred
      and
      accrued upon the express written permission of Ms. Yarde, in order to
      accommodate the Company during its start-up period.” 

    

    E. SECTION
      5(d) PARTICIPATION IN BENEFIT PLANS.
      Section
      5(d) of the Original Agreement is supplemented to include the
      following:

    

    “Ms.
      Yarde shall be immediately eligible to participate in the Company’s health
      insurance plan in the same respect as such other executive officers of the
      Company are currently covered by such plan.”

    

    F. STOCK
      OPTIONS.
      

    

    Upon
      signing this Amendment, Ms. Yarde shall be granted the option to purchase up
      to
      1,000,000 shares of the company’s common stock at an exercise price of ten cents
      ($.10) per share. Such option will contain a cashless exercise
      provision.

    

    G. EFFECT
      OF ORIGINAL AGREEMENT.

    

    Except
      as
      supplemented and amended by this Amendment and such conforming changes as
      necessary to reflect the modification herein, all of the provisions of the
      Original Agreement shall remain in full force and effect from and after the
      effective date of this Amendment.

    

    This
      Amendment has been duly authorized and approved by all required corporate action
      by the Company and does not violate the certificate of incorporation or by-laws
      of the Company.

     

     

    
      	 	 	BIOMETRX, INC. 
	 	 	 
	 	 	By:  /s/
              Mark Basile
	 	 	Mark Basile, Chief Executive
              Officer
	 	 	 
	 	 	/s/ Lorraine Yarde
	 	 	
              Lorraine
                YardeFINDER’S
      FEE AGREEMENT

    

    

    
      	BETWEEN:	
              bioMETRX,
                Inc.

              33 South Service Road, Suite 111

              Jericho, NY
                11753

            

    

     

    
      	AND:	
              Harbor
                View Group, Inc. (the “Finder”)

              Two Seaview Boulevard

              Port Washington, NY 11050
                

            

    

    
 

    In
      consideration of the services of the Finder in arranging the private sales
      of an
      aggregate of $1,500,000 in financing to bioMETRX, Inc. (formerly known as
      MarketShare Recovery, Inc.) and its wholly owned subsidiary, bioMETRX
      Technologies, Inc. (collectively referred to as the “Company”), from Mr. Russell
      Kuhn, the Finder will be issued an aggregate of 659,698 shares of the Company’s
      common stock. 

    

    This
      agreement supersedes all other arrangements between the parties.

    

    DATED:
      November 28, 2005

    

    

    FINDER:

    

    HARBOR
      VIEW GROUP, INC.

    

    

     

    
      
        	 	 	 	 
	By:
                /s/ Larry Pomerantz	 	 	 
	
                

              	 	 	
              
	
                Larry
                  Pomerantz, President

              	 	 	 

      

    Accepted
      and agreed to by the Issuer effective 

    November
      28, 2005

     

    BIOMETRX,
      INC.

     

     

     

    
      	 	 	 	 
	By:
              /s/ Mark
              Basile	 	 	 
	
              

            	 	 	
            
	
              Mark
                Basile,
                President

            	 	 	 

    

    
 

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

     

    FINDER’S
      FEE AGREEMENT TERMS AND CONDITIONS

    

    1.
      ACKNOWLEDGMENTS OF THE FINDER

    

    1.1
      The
      Finder acknowledges and declares that:

    

    
      	 	
              a.
                

            	
              the
                Finder is aware that the 659,698 shares of common stock (the “Shares”) to
                be issued pursuant to the Finder’s Fee Agreement have not been qualified
                under a Shares Act or Exchange Act (an “Act”) or any regulations or rules
                thereunder (the “Rules”) for distribution to the public, that the issuance
                of the Shares pursuant to this Agreement is to be by way of private
                placement exempted from the registration requirements of any Act
                and from
                the prospectus requirements of any Act under an exemption to be determined
                by the Company, and that the Finder is restricted from using most
                of the
                civil remedies available under such Acts and the Rules thereto and
                may not
                receive information that would be otherwise available to him under
                such
                Acts and the Rules in connection with his acquisition of the
                Shares;

            

    

    

    
      	 	
              b.
                

            	
              there
                are restrictions on the Finder’s ability to resell the Shares and it is
                the responsibility of the Finder to find out what those restrictions
                are
                and to comply with them before selling the Shares and, without limiting
                the generality of the foregoing, the resale of the Shares may be
                subject
                to the registration and prospectus requirements of the
                Act;

            

    

    

    
      	 	
              c.
                

            	
              it
                is the obligation of the Finder to comply with the resale restrictions
                imposed by any applicable Act in regard to the Shares at the time
                the
                Finder wishes to trade any of the Shares and it is not the obligation
                of
                the Company or its solicitors to keep the Finder informed in this
                regard;

            

    

    

    
      	 	
              d.
                

            	
              it
                consents to the Company causing any legends required under any securities
                law to which it is bound in issuing the Shares to be affixed to the
                certificates representing the Shares to be issued pursuant to this
                Agreement;

            

    

    

    
      	 	
              e.
                

            	
              the
                Shares were not advertised for
                sale;

            

    

    

    
      	 	
              f.
                

            	
              the
                Company has recommended the Finder seek and obtain independent legal
                advice from the Finder’s own solicitor with respect to this Agreement
                prior to its execution and has provided the Finder with sufficient
                opportunity to do so and the Finder further acknowledges that it
                understands the terms, and its rights and obligations under this
                Agreement;

            

    

    

    
      	 	
              g.
                

            	
              no
                securities commission or similar regulatory authority has reviewed
                or
                passed on the merits of the Shares;

            

    

    

    
      	 	
              h.
                

            	
              there
                is no government or other insurance covering the Shares;
                and

            

    

    

    
      	 	
              i.
                

            	
              there
                are risks associated with the acquisition of the
                Shares.

            

    

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
 

    2.
      REPRESENTATIONS AND WARRANTIES OF THE FINDER

    

    2.1
      The
      Finder represents and warrants to the Company that:

    

    
      	 	
              a.
                

            	
              the
                Finder is acquiring the Shares as principal and no other person,
                firm or
                corporation will have a beneficial interest in the
                Shares;

            

    

    

    
      	 	
              b.
                

            	
              the
                Shares are being acquired for investment purposes only and not with
                a view
                to resale or distribution;

            

    

    

    
      	 	
              c.
                

            	
              the
                Finder is not a control person of the Company as defined in any securities
                act applicable to the issue of the Shares and the acquisition of
                the
                Shares will not result in the Finder owning 10% or more of the issued
                and
                outstanding Shares of the Company or becoming a control
                person;

            

    

    

    
      	 	
              d.
                

            	
              the
                Finder is not acquiring the Shares as a result of any material information
                about the affairs of the Company that has not been publicly disclosed,
                save knowledge of this particular transaction;

            

    

    

    
      	 	
              e.
                

            	
              the
                Finder understands that the Corporation has no obligation or present
                intention of filing a registration statement under the 1933 Act in
                respect
                of the Shares; and

            

    

    

    3.
      REPRESENTATIONS AND WARRANTIES OF THE COMPANY

    

    3.1
       The
      Company represents and warrants to the Finder that the Shares issued to the
      Finder pursuant to this Agreement will be duly authorized, validly issued,
      fully
      paid and non-assessable.

    

    4.
      GENERAL

    

    4.1
       This
      Agreement shall enure to the benefit of and be binding upon the parties hereto
      and their respective heirs, administrators, successors and assigns.

    

    4.2
       This
      Agreement, upon acceptance by the Company, will represent the entire agreement
      of the parties hereto with respect to the subject matter hereof and there are
      no
      representations, warranties, covenants, other agreements or understandings,
      oral
      and written, relating to the subject matter hereof except as stated or referred
      to in this subscription.

    

    4.3
       Neither
      this subscription agreement nor any provision hereof shall be modified, changed,
      discharged or terminated except by an instrument in writing signed by the party
      against whom any waiver, change, discharge or termination is
      sought.

     

     

    
      	Finder	 	Company	 
	 	 	 	 
	 	 	 	 
	LP	 	MB 	 
	Initial	 	Initial	 

    

     

    3

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