Document:

Exhibit
      10.2

     

    VOTING
      AGREEMENT

     

    VOTING
      AGREEMENT, dated as of May 26, 2006 (this "Agreement"),
      by
      and among Interpharm Holdings, Inc., a Delaware corporation (the "Company"),
      and
      the stockholders listed on the signature pages hereto under the heading
      "Stockholders"
      (each a
      "Stockholder"
      and
      collectively, the "Stockholders").
      

     

    WHEREAS,
      the
      Company and certain investors (each, an "Investor",
      and
      collectively, the "Investors")
      have
      entered into a Securities Purchase Agreement, dated as of the date hereof (the
      "Securities
      Purchase Agreement"),
      pursuant to which, among other things, the Company has agreed to issue and
      sell
      to the Investors and the Investors have agreed to purchase, (i) shares of
      preferred stock of the Company, $.01 par value per share (the "Preferred
      Shares"),
      which
      Preferred Shares shall be convertible into shares of the Company's common stock,
      par value $0.01 per share (the "Common
      Stock"),
      and
      (ii) warrants to acquire shares of Common Stock.

     

    WHEREAS,
      as of the date hereof, the Stockholders own or have the power and authority
      to
      vote with respect to collectively 50,074,605 shares of Common Stock, which
      represent in the aggregate approximately 78% of the total issued and outstanding
      capital stock of the Company; and 

     

    WHEREAS,
      as a condition to the willingness of the Investors to enter into the Securities
      Purchase Agreement and to consummate the transactions contemplated thereby
      (collectively, the "Transaction"),
      the
      Investors have required that each Stockholder agree, and in order to induce
      the
      Investors to enter into the Securities Purchase Agreement each Stockholder
      has
      agreed, to enter into this Agreement with respect to all the Common Stock now
      owned and which may hereafter be acquired by the Stockholder and any other
      securities, if any, which such Stockholder is currently entitled to vote, or
      after the date hererof, becomes entitled to vote, at any meeting of Stockholders
      of the Company (the "Other
      Securities").

     

    NOW,
      THEREFORE, in consideration of the foregoing and the mutual covenants and
      agreements contained herein, and intending to be legally bound hereby, the
      parties hereto hereby agree as follows:

     

    ARTICLE
      I  

     

    VOTING
      AGREEMENT OF THE STOCKHOLDERS

     

    SECTION
      1.01.  Voting
      Agreement.
      Subject
      to the last sentence of this Section 1.01, each Stockholder hereby agrees
      that at any meeting of the Stockholders of the Company, however called, and
      in
      any action by written consent of the Company's Stockholders, each of the
      Stockholders shall vote the Common Stock and the Other Securities: (a) in favor
      of the Stockholder Approval, including the Capital Increase (each as defined
      in
      the Securities Purchase Agreement), as described in Section 4(p) of the
      Securities Purchase Agreement; (b) in favor of an amendment to the Certificate
      of Incorporation of the Company allowing for the conversion of all shares of
      the
      Company's Series A Preferred Stock, $0.01 par value per share (the "Series
      A Preferred Stock")
      and
      the Company's Series B Preferred Stock, $0.01 par value per share (the
      "Series
      B Preferred Stock")
      and
      (c) against any proposal or any other corporate action or agreement that would
      result in a breach of any covenant, representation or warranty or any other
      obligation or agreement of the Company under the Securities Purchase Agreement
      or which could result in any of the conditions to the Company's obligations
      under the Securities Purchase Agreement not being fulfilled. Each Stockholder
      acknowledges receipt and review of a copy of the Securities Purchase Agreement
      and the other Transaction Documents (as defined in the Securities Purchase
      Agreement). The obligations of the Stockholders under this Section 1.01 shall
      terminate immediately following the occurrence of the Stockholder Approval.
      

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    ARTICLE
      II  

     

    REPRESENTATIONS
      AND WARRANTIES OF THE STOCKHOLDERS

     

    Each
      Stockholder hereby represents and warrants, severally but not jointly, to each
      of the Investors as follows:

     

    SECTION
      2.01.  Authority
      Relative to This Agreement.
      Each
      Stockholder has all necessary power and authority to execute and deliver this
      Agreement, to perform his or its obligations hereunder and to consummate the
      transactions contemplated hereby. Each Stockholder has taken whatever steps
      necessary, including without limitation, moving the Common Stock and Other
      Securities from a margin account to a cash account and/or delivering any voting
      instructions or legal proxy to any necessary broker or agent, to ensure that
      such Stockholder has the necessary power and authority to vote all of the Common
      Stock or Other Securities held by such Stockholder or has properly empowered
      such broker or agent to vote in accordance herewith. This Agreement has been
      duly executed and delivered by such Stockholder and constitutes a legal, valid
      and binding obligation of such Stockholder, enforceable against such Stockholder
      in accordance with its terms, except (a) as such enforceability may be limited
      by applicable bankruptcy, insolvency, reorganization, fraudulent conveyance,
      moratorium or similar laws now or hereafter in effect relating to, or affecting
      generally the enforcement of creditors' and other obligees' rights, (b) where
      the remedy of specific performance or other forms of equitable relief may be
      subject to certain equitable defenses and principles and to the discretion
      of
      the court before which the proceeding may be brought, and (c) where rights
      to
      indemnity and contribution thereunder may be limited by applicable law and
      public policy.

     

    SECTION
      2.02.  No
      Conflict.
      (a)
      The
      execution and delivery of this Agreement by such Stockholder does not, and
      the
      performance of this Agreement by such Stockholder shall not, (i) conflict with
      or violate any federal, state or local law, statute, ordinance, rule,
      regulation, order, judgment or decree applicable to any Stockholder or by which
      the Common Stock or the Other Securities owned by such Stockholder are bound
      or
      affected or (ii) result in any breach of or constitute a default (or an event
      that with notice or lapse of time or both would become a default) under, or
      give
      to others any rights of termination, amendment, acceleration or cancellation
      of,
      or result in the creation of a lien or encumbrance on any of the Common Stock
      or
      the Other Securities owned by such Stockholder pursuant to, any note, bond,
      mortgage, indenture, contract, agreement, lease, license, permit, franchise
      or
      other instrument or obligation to which such Stockholder is a party or by which
      such Stockholder or the Common Stock or Other Securities owned by such
      Stockholder are bound.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (b)  The
      execution and delivery of this Agreement by such Stockholder does not, and
      the
      performance of this Agreement by such Stockholder shall not, require any
      consent, approval, authorization or permit of, or filing with or notification
      to, any governmental entity by such Stockholder.

     

    SECTION
      2.03.  Title
      to the Stock.
      As of
      the date hereof, each Stockholder is the owner of the number of shares of Common
      Stock and Other Securities set forth opposite its name on Appendix
      A
      attached
      hereto, entitled to vote, without restriction, on all matters brought before
      holders of capital stock of the Company, which Common Stock and Other Securities
      represent on the date hereof the percentage of the outstanding stock and voting
      power of the Company set forth on such Appendix. Such Common Stock and Other
      Securities are all the securities of the Company owned, either of record or
      beneficially, by such Stockholder. Except as permitted pursuant to the
      Certificate of Designations, such Common Stock and Other Securities are owned
      free and clear of all security interests, liens, claims, pledges, options,
      rights of first refusal, agreements, limitations on such Stockholder's voting
      rights, charges and other encumbrances of any nature whatsoever. No Stockholder
      has appointed or granted any proxy, which appointment or grant is still
      effective, with respect to the Common Stock or Other Securities owned by such
      Stockholder.

     

    ARTICLE
      III  

     

    COVENANTS

     

    SECTION
      3.01.  No
      Disposition or Encumbrance of Stock.
      (a)
      Each
      Stockholder hereby covenants and agrees that, until Stockholder Approval, except
      as contemplated by this Agreement, such Stockholder shall not offer or agree
      to
      sell, transfer, tender, assign, hypothecate or otherwise dispose of, grant
      a
      proxy or power of attorney with respect to, or create or permit to exist any
      security interest, lien, claim, pledge, option, right of first refusal,
      agreement, limitation on such Stockholder's voting rights, charge or other
      encumbrance of any nature whatsoever ("Encumbrance")
      with
      respect to the Common Stock or Other Securities, directly or indirectly,
      initiate, solicit or encourage any person to take actions which could reasonably
      be expected to lead to the occurrence of any of the foregoing; provided,
      however,
      that
      any such Stockholder may assign, sell or transfer any Common Stock or Other
      Securities provided that any such recipient of the Common Stock or Other
      Securities has delivered to the Company and each Investor a written agreement
      in
      a form reasonably satisfactory to the Investors that the recipient shall be
      bound by, and the Common Stock and/or Other Securities so transferred, assigned
      or sold shall remain subject to this Agreement. 

     

    SECTION
      3.02.  Company
      Cooperation.
      The
      Company hereby covenants and agrees that it will not, and each Stockholder
      irrevocably and unconditionally acknowledges and agrees that the Company will
      not (and waives any rights against the Company in relation thereto), recognize
      any Encumbrance or agreement on any of the Common Stock or Other Securities
      subject to this Agreement (except those contemplated by Section 2.03) unless
      the
      provisions of Section 3.01 have been complied with. The Company agrees to use
      its reasonable best efforts to ensure that at any time in which any Stockholder
      Approval is required pursuant to Section 4(p) of the Securities Purchase
      Agreement, it will cause holders of Common Stock or Other Securities
      representing the percentage of outstanding capital stock required to vote in
      favor of the Transaction in order for the Company to comply with its obligations
      under Section 4(p) of the Securities Purchase Agreement to become party to
      and
      bound by the terms and conditions of this Agreement and the Common Stock and
      Other Securities held by such holders to be subject to the terms and conditions
      of this Agreement. 

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    ARTICLE
      IV

     

    MISCELLANEOUS

     

    SECTION
      4.01.  Further
      Assurances.
      Each
      Stockholder will execute and deliver such further documents and instruments
      and
      take all further action as may be reasonably necessary in order to consummate
      the transactions contemplated hereby.

     

    SECTION
      4.02.  Specific
      Performance.
      The
      parties hereto agree that irreparable damage would occur in the event any
      provision of this Agreement was not performed in accordance with the terms
      hereof and that any Investor (without being joined by any other Investor) shall
      be entitled to specific performance of the terms hereof, in addition to any
      other remedy at law or in equity. Any Investor shall be entitled to its
      reasonable attorneys' fees in any action brought to enforce this Agreement
      in
      which it is the prevailing party.

     

    SECTION
      4.03.  Entire
      Agreement.
      This
      Agreement constitutes the entire agreement among the Company and the
      Stockholders (other than the Securities Purchase Agreement and the other
      Transaction Documents) with respect to the subject matter hereof and supersedes
      all prior agreements and understandings, both written and oral, among the
      Company and the Stockholders with respect to the subject matter
      hereof.

     

    SECTION
      4.04.  Amendment.
      This
      Agreement may not be amended except by an instrument in writing signed by the
      parties hereto.

     

    SECTION
      4.05.  Severability.
      If any
      term or other provision of this Agreement is invalid, illegal or incapable
      of
      being enforced by any rule of law, or public policy, all other conditions and
      provisions of this Agreement shall nevertheless remain in full force and effect
      so long as the economic or legal substance of this Agreement is not affected
      in
      any manner materially adverse to any party. Upon such determination that any
      term or other provision is invalid, illegal or incapable of being enforced,
      the
      parties hereto shall negotiate in good faith to modify this Agreement so as
      to
      effect the original intent of the parties as closely as possible in a mutually
      acceptable manner in order that the terms of this Agreement remain as originally
      contemplated to the fullest extent possible.

     

    SECTION
      4.06.  Governing
      Law.
      All
      questions concerning the construction, validity, enforcement and interpretation
      of this Agreement shall be governed by the internal laws of the State of New
      York, without giving effect to any choice of law or conflict of law provision
      or
      rule (whether of the State of New York or any other jurisdictions) that would
      cause the application of the laws of any jurisdictions other than the State
      of
      New York. The parties hereby agree that all actions or proceedings arising
      directly or indirectly from or in connection with this Agreement shall be
      litigated only in the Supreme Court of the State of New York or the United
      States District Court for the Southern District of New York located in New
      York
      County, New York. The parties consent to the jurisdiction and venue of the
      foregoing courts and consent that any process or notice of motion or other
      application to any of said courts or a judge thereof may be served inside or
      outside the State of New York or the Southern District of New York by registered
      mail, return receipt requested, directed to the party being served at its
      address set forth on the signature ages to this Agreement (and service so made
      shall be deemed complete three (3) days after the same has been posted as
      aforesaid) or by personal service or in such other manner as may be permissible
      under the rules of said courts. Each of the Company and each Stockholder
      irrevocably waives, to the fullest extent permitted by law, any objection which
      it may now or hereafter have to the laying of the venue of any such suit,
      action, or proceeding brought in such a court and any claim that suit, action,
      or proceeding has been brought in an inconvenient forum. EACH
      PARTY HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT TO
      REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN
      CONNECTION WITH OR ARISING OUT OF THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED
      HEREBY.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    SECTION
      4.07.  Third-Party
      Beneficiaries.
      The
      Investors shall be intended third party beneficiaries of this Agreement to
      the
      same extent as if they were parties hereto, and shall be entitled to enforce
      the
      provisions hereof.

     

    SECTION
      4.08.  Termination.
      This
      Agreement shall terminate immediately following the occurrence of the
      Stockholder Approval or upon the mutual consent of each Stockholder and the
      Investors.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

        
        

      

    

    

    IN
      WITNESS WHEREOF, each Stockholder and the Company has duly executed this
      Agreement.

     

    
      	 	 	
              THE
                COMPANY:

            
	 	 	 
	 	 	
              INTERPHARM
                HOLDINGS, INC.

            
	 	 	 	
               

               

            
	 	 	
              By:

            	
              /s/
                George Aronson

            
	 	 	 	
              Name:
                George Aronson

            
	 	 	 	
              Title:
                Chief Financial Officer

            
	
              Dated:
                May 26, 2006

            	 	 	 
	 	 	
              Address:

            	
              75
                Adams Avenue

            
	 	 	 	
              Hauppauge,
                New York 11788

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	 	 	
              STOCKHOLDER:

            
	 	 	 
	 	 	
              RAJS
                HOLDINGS I, LLC

               

               

              By:
                /s/ Perry Sutaria

            
	 	 	
              Perry
                Sutaria, Manager

            
	 	 	 
	
              Dated:
                May 26, 2006

            	 	 
	 	 	
              Address:

            	
              75
                Adams Avenue

            
	 	 	 	
              Hauppauge,
                New York 11788

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	 	 	
              STOCKHOLDER:

            
	 	 	 
	 	 	
              RAVIS
                HOLDINGS I, LLC

               

               

              By:
                /s/ Perry Sutaria

            
	 	 	
              Perry
                Sutaria, Manager

            
	 	 	 
	
              Dated:
                May 26, 2006

            	 	 
	 	 	
              Address:

            	
              75
                Adams Avenue

            
	 	 	 	
              Hauppauge,
                New York 11788

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	 	 	
              STOCKHOLDER:

            
	 	 	 
	 	 	
              P&K
                HOLDINGS, LLC

               

               

              By:
                /s/ Perry Sutaria

            
	 	 	
              Perry
                Sutaria, Manager

            
	 	 	 
	
              Dated:
                May 26, 2006

            	 	 
	 	 	
              Address:

            	
              75
                Adams Avenue

            
	 	 	 	
              Hauppauge,
                New York 11788

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	 	 	
              STOCKHOLDER:

            
	 	 	 
	 	 	
              RAMETRA
                HOLDINGS I, LLC

               

               

              By:
                /s/ Perry Sutaria

            
	 	 	
              Perry
                Sutaria, Manager

            
	 	 	 
	
              Dated:
                May 26, 2006

            	 	 
	 	 	
              Address:

            	
              75
                Adams Avenue

            
	 	 	 	
              Hauppauge,
                New York 11788

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
          

        

      

    

     

    APPENDIX
      A

    

      
        	
                Stockholder

              	 	
                Common
                  Stock 

                Owned

              	 	
                Other
                  Securities Owned

              	 	
                Percentage
                  of Stock Outstanding

              	 	
                Voting
                  Percentage 

                of
                  Stock

                Outstanding

              
	
                Rajs
                  Holdings I, LLC

              	 	
                17,526,100

              	 	
                0

              	 	
                27.4%

              	 	
                27.4%

              
	
                Ravis
                  Holdings I, LLC

              	 	
                12,518,645

              	 	
                0

              	 	
                19.6%

              	 	
                19.6%

              
	
                P
                  & K Holdings, LLC

              	 	
                10,014,930

              	 	
                0

              	 	
                15.7%

              	 	
                15.7%

              
	
                Rametra
                  Holdings I, LLC

              	 	
                10,014,930

              	 	
                0

              	 	
                15.7%

              	 	
                15.7%STOCK PURCHASE AGREEMENT

      This STOCK PURCHASE AGREEMENT ("Agreement"), dated as of the 26th day of
May , 2006, is entered by and between Synergy Business Consulting, LLC, a
Delaware limited liability company ("Purchaser") and Allen Goldstone
("Goldstone"), Michael Friess ("Friess"), Dave Lilja ("Lilja"), and Sanford
Schwartz ("Schwartz") (Goldstone, Friess, Lilja and Schwartz each a "Seller" and
collectively the "Sellers"), all stockholders of Hemcure, Inc., a Minnesota
corporation (the "Company").

                                WITNESSETH THAT:

      WHEREAS, Purchaser desires to purchase from Sellers a total of 7,218,750
(consisting of the following: 2,187,500 from Goldstone; 2,406,250 from Schwartz;
2,187,500 from Friess; and 437,500 from Lilja) shares of Common Stock of the
Company, par value $.01 (the "Shares") and Sellers desire to sell said Shares to
Purchaser on terms and conditions set forth herein.

      NOW, THEREFORE, in consideration of the foregoing and mutual covenants set
forth below, the parties hereto agree as follows:

1. PURCHASE AND SALE OF SHARES

      1.1 Purchase of Shares. On the date hereof and subject to the terms and
conditions of this Agreement, the Sellers shall issue, sell, assign, transfer,
and deliver to Purchaser and Purchaser shall purchase, for the purchase price
set forth in Section 2.1 hereof, the 7,218,750 Shares at the closing provided
for in Section 1.4 hereof (the "Closing"), free and clear of all liens, charges,
or encumbrances of whatsoever nature.

      1.2 Transfer of Title to the Shares. The sale, assignment, conveyance,
transfer, and delivery by Sellers of the 7,218,750 Shares of Common Stock shall
be made by delivering to Purchaser duly endorsed stock certificates representing
7,218,750 shares of common stock of the Company.

      1.3 Purchase Price. Concurrent with the delivery of the Stock
Certificates, Purchaser shall deliver to Sellers the purchase price of Five
Hundred Twenty- Five Thousand Dollars ($525,000) (the "Purchase Price") for the
Shares. The Purchase Price shall be paid in cash to Sellers and divided between
the four shareholders as set forth on Exhibit A.

      1.4 Closing Date. The Closing of the transactions provided for in this
Agreement shall take place on or before June 1, 2006 at 730 W. Randolph, 6th
Floor, Chicago, IL 60661.

      1.5 Delivery at Closing. At the Closing

      (a) The Sellers shall deliver to the Purchaser stock certificates
representing the Shares. The certificates representing the Shares shall be duly
endorsed for transfer to the Purchaser and accompanied by, (i) if required by
the Company's transfer agent, an opinion of counsel reasonably acceptable to the
Company, the Purchaser and the Company's transfer agent and (ii) stock powers
with medallion signature guarantees or other instruments of transfer duly
executed to the Purchaser; and

      (b) The Purchaser shall transfer the aggregate Purchase Price to the
Sellers in the form of certified bank check or wire transfer.

<PAGE>

2. RELATED TRANSACTIONS

      2.1 Finder. There are no finders with respect to the transaction
contemplated herein.

3. REPRESENTATIONS AND WARRANTIES BY THE SELLERS AND PURCHASER

      3.1 Each Seller hereby represents and warrants to Purchaser as follows:

      (a) The Company is a corporation duly organized, validly existing, and in
good standing under the laws of the state of Minnesota, and is qualified in no
other state.

      (b) This Agreement and any other agreement executed by Sellers in
connection herewith have been duly executed and delivered by them and constitute
the valid, binding and enforceable obligation of Sellers, subject to the
applicable bankruptcy, insolvency and similar laws affecting creditors' rights
generally and rights of stockholders.

      (c) The authorized capital stock of the Company consists of 800,000,000
shares of common stock, 9,862,252 of which are validly issued and outstanding,
fully paid and non-assessable. The Shares have been validly issued, are fully
paid and non-assessable, and are owned beneficially and of record by Sellers
free and clear of all liens, pledges, encumbrances, security agreements,
equities, options, claims, charges and restrictions of any nature whatsoever,
except any restrictions under applicable securities laws, and Sellers have not
previously entered into any agreement or commitment for the sale of all or part
of the Shares or otherwise conveyed or encumbered Sellers' interest (voting or
otherwise) with respect to the Shares. The Sellers have the unqualified right to
sell, assign, and deliver the Shares, and, upon consummation of the transactions
contemplated by this Agreement, the Purchaser will acquire good and valid title
to the Shares, free and clear of all liens, claims, options, charges, and
encumbrances of whatsoever nature. The Purchaser acknowledges that these Shares
being acquired from the Sellers are restricted securities as that term is
defined in Rule 144 of the Securities Act of 1933, as amended (the "Act").

      (d) Sellers are not a party to or bound by any unexpired, undischarged or
unsatisfied written or oral contract, agreement, indenture, mortgage, debenture,
note or other instrument under the terms of which performance by Purchaser
according to the terms of this Agreement will be a default or an event of
acceleration, or grounds for termination, or whereby timely performance by
Purchaser according to the terms of this Agreement may be prohibited, prevented
or delayed.

      (e) Sellers have full power and authority to sell and transfer the Shares
to Purchaser without obtaining the waiver, consent, order or approval of (i) any
state or federal governmental authority or (ii) any third party or other person
including, but not limited to, other stockholders of the Company.

      (f) The Company has the corporate power and authority to carry on its
business as presently conducted.

      (g) Neither the execution and delivery of this Agreement nor the
consummation of the transactions contemplated hereby will constitute a violation
or default under any term or provision of the Certificate of Incorporation or
By-Laws of the Company, or of any contract, commitment, indenture, other
agreement or restriction of any kind or character to which the Company or any of
its Sellers is a party to or by which the Company or any of the Sellers is
bound.

      (h) The Certificates representing the Shares delivered pursuant to this
Agreement are owned by affiliates of the Company and as such, certain trading
restrictions imposed under Rule 144 of the Act or Regulation S promulgated under
the Act are applicable to the Shares.

                                       2
<PAGE>

      (i) There is no action, suit, investigation, audit or proceeding pending
against, or to the best knowledge of the Sellers and Company threatened against
or affecting, the Company or any of its assets or properties before any court or
arbitrator or any governmental body, agency or official. The Company is not
subject to any outstanding judgment, order or decree.

      (j) The Company has filed all reports required to be filed by it under the
Securities Act and the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), including pursuant to Section 13(a) or 15(d) of the Exchange
Act, as a public reporting company (the foregoing materials being collectively
referred to herein as "SEC Reports"), including the annual report on Form 10-KSB
for the fiscal year ended December 31, 2005 and the quarterly report on Form
10-QSB for the period ended March 31, 2006. As of their respective dates, the
SEC Reports complied in all material respects with the requirements of the
Securities Act and the Exchange Act and the rules and regulations of the
Securities and Exchange Commission (the "Commission") promulgated thereunder,
none of the SEC Reports, when filed, contained any untrue statement of a
material fact or omitted to state a material fact required to be stated therein
or necessary in order to make the statements therein, in light of the
circumstances under which they were made, not misleading. The financial
statements of the Company included in the SEC Reports comply in all material
respects with applicable accounting requirements and the rules and regulations
of the Commission with respect thereto as in effect at the time of filing. Such
financial statements have been prepared in accordance with generally accepted
accounting principles applied on a consistent basis during the periods involved
("GAAP"), except as may be otherwise specified in such financial statements or
the notes thereto, and fairly present in all material respects the financial
position of the Company and its consolidated subsidiaries as of and for the
dates thereof and the results of operations and cash flows for the periods then
ended, subject, in the case of unaudited statements, to normal, immaterial,
year-end audit adjustments.

      (k) Since the date of the filing of the quarterly report on Form 10-QSB
for the period ended March 31, 2006, except as specifically disclosed in the SEC
reports, the Company has not incurred any liabilities (contingent or otherwise).

      3.2 Purchaser represents and warrants to Sellers as follows:

      (a) The undersigned Purchaser understands that the Shares have not been
registered with the United States Securities and Exchange Commission or any
state or foreign securities agencies.

      (b) Purchaser is a Delaware limited liability company and has the
requisite competence and authority to execute and deliver this Agreement and any
other agreements and undertakings referenced herein, to perform its obligations
hereunder and to consummate the transactions contemplated hereby. This Agreement
and any other agreements executed by Purchaser in connection herewith have been
duly executed and delivered by it and constitute the valid, binding and
enforceable obligation of Purchaser, subject to applicable bankruptcy,
insolvency and similar laws affecting creditors' rights generally and the rights
of stockholders.

      (c) Purchaser is capable of evaluating the merits and risks of its
investment in the Company and has the capacity to protect its interests.
Purchaser acknowledges that it must bear the economic risk of this investment
indefinitely, unless the Shares are subsequently registered pursuant to the
Securities Act of 1933, as amended (the "Act"), or an exemption from
registration is available. Purchaser understands that the Company has no present
intention of registering the Shares.

      (d) Purchaser is not an underwriter and is acquiring the Sellers' Shares
for Purchaser's own account for investment only and not with a view towards
distribution thereof within the meaning of the Act, the state securities laws
and any other applicable laws.

                                       3
<PAGE>

      (e) Purchaser has the capacity to protect its interests in connection with
the transactions contemplated hereby as a result of its business or financial
expertise.

      (f) To the extent that any federal, and/or state securities laws shall
require, the Purchaser hereby agrees that any Shares acquired pursuant to this
Agreement shall be without preference as to assets.

      (g) Neither the Company nor the Sellers are under an obligation to
register or seek an exemption under any federal, state or foreign securities
acts for any stock of the Company or to cause or permit such stock to be
transferred in the absence of any registration or exemption and that the
Purchaser herein must hold such stock indefinitely unless such stock is
subsequently registered under any federal and/or state securities acts or an
exemption from registration is available.

      (h) The Purchaser has had the opportunity to ask questions of the Company
and the Sellers and receive additional information from the Company and the
Sellers to the extent that the Company and the Sellers possessed such
information or could acquire it without unreasonable effort or expense necessary
to evaluate the merits and risks of any investment in the Company. Further, the
Purchaser has been given or has had access to: (1) all material books and
records of the Company; (2) all material contracts and documents relating to the
Company and this proposed transaction; and (3) an opportunity to question the
Sellers and the appropriate executive officers of the Company.

4. COVENANTS OF SELLERS

      4.1 Liabilities of Company. As of the Closing Date, Sellers agree that
there shall be no liabilities or debts of the Company of any kind whatsoever,
whether accrued, contingent, absolute, determined, determinable or otherwise,
and there is no existing condition, situation or set of circumstances which
could reasonably be expected to result in such a liability or debt. In any
event, any debts or liabilities incurred by the Company prior to the Closing
(and not accrued as of the Closing Date) shall be paid from the proceeds from
the sale of the Shares to Purchaser. Sellers shall be jointly and severally
liable for the payment of such liabilities.

5. CONDITIONS TO CLOSING

      5.1 Transfer Agent. Sellers shall cause the transfer agent (i.e.
ComputerShare Trust Company) to recognize Purchaser as the owner of the Shares
and to provide Purchaser with a current list of all shareholders of the Company.

6. SURVIVAL OF REPRESENTATIONS; INDEMNIFICATION

      6.1 Survival of Representations. All representations, warranties, and
agreements made by any party in this Agreement or pursuant hereto shall survive
the execution and delivery hereof and any investigation at any time made by or
on behalf of any party for a period not to exceed 180 days.

      6.2 Indemnification. The Sellers agree to indemnify the Purchaser, and
hold him harmless from and in respect of any assessment, loss, damage,
liability, cost and expense (including, without limitation, interest, penalties,
and reasonable attorneys' fees) in excess of $1,000.00 in the aggregate, imposed
upon or incurred by the Purchaser resulting from a breach of any agreement,
representation, or warranty of the Sellers. Assertion by the Purchaser to its
right to indemnification under this Section 6.2 shall not preclude assertion by
the Purchaser of any other rights or the seeking of any other remedies against
the Seller.

                                       4
<PAGE>

7. MISCELLANEOUS

      7.1 Expenses. All fees and expenses incurred by the Purchaser and Sellers
in connection with the transactions contemplated by this Agreement shall be
borne by the respective parties hereto.

      7.2 Further Assurances. From time to time, at the Purchaser's request and
without further consideration, the Sellers, at the Purchaser's expense, will
execute and transfer such documents and will take such action as the Purchaser
may reasonably request in order to effectively consummate the transactions
contemplated herein

      7.3 Parties in Interest. All the terms and provisions of this Agreement
shall be binding upon, shall inure to the benefit of, and shall be enforceable
by the prospective heirs, beneficiaries, representatives, successors and assigns
of the parties hereto.

      7.4 Prior Agreements; Amendments. This Agreement supersedes all prior
agreements and understandings between the parties with respect to the subject
matter hereof. This Agreement shall not be amended except by a writing signed by
both parties or their respective successors or assigns.

      7.5 Headings. The section and paragraph headings contained in this
Agreement are for reference purposes only and shall not affect in any way the
meaning or interpretations of this Agreement.

      7.6 Governing Law. The situs of this Agreement is Chicago, Illinois, and
for all purposes this Agreement will be governed exclusively by and construed
and enforced in accordance with the laws and Courts prevailing in the state of
Illinois.

      7.7 Notices. All notices, requests, demands, and other communication
hereunder shall be in writing and shall be deemed to have been duly given if
delivered or mailed (registered or certified mail, postage prepaid, return
receipt requested) as follows:

      If to the Sellers:

                        Allen Goldstone

                        -------------------------------------

                        -------------------------------------

                        Sanford Schwartz

                        -------------------------------------

                        -------------------------------------

                        Michael Friess

                        -------------------------------------

                        -------------------------------------

                        Dave Lilja

                        -------------------------------------

                        -------------------------------------

                                       5
<PAGE>

      If to the Purchaser:      Synergy Business Consulting, LLC
                                Attn: Bartly J. Loethen
                                730 West Randolph, 6th Floor
                                Chicago, IL 60661

      7.8 Effect. In the event any portion of this Agreement is deemed to be
null and void under any state, provincial, or federal law, all other portions
and provisions not deemed void or voidable shall be given full force and effect.

      7.9 Counterparts. This Agreement may be executed in one or more
counterparts and by transmission of a facsimile or digital image containing the
signature of an authorized person, each of which shall be deemed and accepted as
an original, and all of which together shall constitute a single instrument.
Each party represents and warrants that the person executing on behalf of such
party has been duly authorized to execute this Agreement.

      IN WITNESS WHEREOF, the parties have executed this Agreement as of the day
and year first written above.

SELLERS:                                        PURCHASER:

                                                Synergy Business Consulting, LLC
/s/ Allen Goldstone
----------------------------
Allen Goldstone                                 By: /s/ Bartly J. Loethen
                                                    ----------------------------
                                                Its: President and CEO
/s/ Sanford Schwartz
----------------------------
Sanford Schwartz

/s/ Michael Friess
----------------------------
Michael Friess

/s/ Dave Lilja
----------------------------
Dave Lilja

                                       6

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