Document:

Exhibit 10.89

SYSTRAN
Financial Services Corporation

a subsidiary of Textron Financial Corporation

BILLS, ACCOUNTS, AND ACCOUNTS RECEIVABLE VALIDITY
GUARANTY

This Bills, Accounts and Accounts Receivable Validity
Guaranty (this “Agreement”) is executed as of February 8, 2007, by the
undersigned guarantor (“Guarantor”) in favor of Systran Financial Services
Corporation, a subsidiary of Textron Financial Corporation, and its affiliates
(“SYSTRAN”).  Capitalized terms not
defined herein shall have the respective meanings set forth in the Factoring
Agreement (as hereinafter defined).

RECITALS

A.            SYSTRAN
and Crdentia Corp., Health Industry Professionals, L.L.C., Mint Medical
Staffing Odessa, LP, Prime Staff, Inc., Staff Search Acquisition Corp., Arizona Home Health Care/Private Duty, Inc.,
Care Pros Staffing, Inc., Baker Anderson Christie, Inc., New Age Staffing,
Inc., PSR Nurses, Ltd., and Nurses Network, Inc. (individually and
collectively “Customer”) have entered or will enter into a Factoring Agreement
(each such agreement, as amended or modified from time to time, individually
and collectively referred to as the “Factoring Agreement”), pursuant to which
SYSTRAN will provide accounts receivable financing to Customer (the “Financing”);
and

B.            The
Financing is or will be secured by, among other things, all Bills, accounts and
accounts receivable in which Customer now or hereafter has rights.

AGREEMENTS

With knowledge that SYSTRAN will provide Financing to
Customer in reliance upon the existence of this Agreement, Guarantor agrees
with SYSTRAN as follows:

1.             Representation,
Warranty, and Guaranty.  Guarantor
represents, warrants and guarantees to SYSTRAN that:

a.             To Guarantor’s actual
knowledge, each of Customer’s Bills submitted to SYSTRAN will:  (i) be genuine, complete and, in all other
respects, what it purports to be; (ii) be for an undisputed claim in the amount
that Customer indicates to be owing to Customer; (iii) be free and clear of
liens, claims and security interests of any party other than SYSTRAN; (iv) have
arisen from the sale and delivery of goods or from services rendered by
Customer in the ordinary course of Customer’s business; (v) not be subject to
any offset or defense, or be contingent upon the fulfillment of any condition; and
(vi) not involve an account debtor that controls, is controlled by, or is under
common control with Customer, or that is an employee, agent, owner or
shareholder of Customer.

b.             Guarantor will not directly
or indirectly interfere with or take any direct or indirect action that circumvents
the Customer’s delivery of all cash, drafts and other revenues received by
Customer from any source and for any reason to SYSTRAN in accordance with the
terms of the Factoring Agreement.

c.             Guarantor
hereby unconditionally guarantees to SYSTRAN the full and prompt performance of
all obligations of Customer to SYSTRAN required under the Factoring Agreement solely
to the extent such obligations arise from or are directly related to any and
all acts of fraud and/or intentional misrepresentation by Guarantor or of which
Guarantor has actual knowledge of that are performed by any Guarantor, any Customer,
its officers, directors, employees, affiliates, or any other person or entity
acting for or on behalf of any Customer in any capacity.  Fraud in this context has the meaning of
willful intent to mislead, misrepresent facts, and/or falsify documents that
results in damages to SYSTRAN.

 1
 

Guarantor
will reimburse SYSTRAN, upon demand, for all loss and damage which SYSTRAN
incurs as the result of the breach of any of the warranties of Guarantor set
forth in Section 1 (a) through (c) of this Agreement above.  As to claims made by SYSTRAN, Guarantor will
be permitted to seek relief for defense and other costs from indemnification
provisions in Customer’s bylaws and from directors’ and officers’ liability
insurance or otherwise available at law or equity, provided, however, each
Guarantor hereby subordinates all such rights of recovery to SYSTRAN until
SYSTRAN is irrevocably paid in full for all Customer obligations under the
Financing.

2.             Continuing
Nature of Agreement.  This Agreement
is a continuing agreement and shall apply without regard to the form or the
amount of the Bills, accounts or accounts receivable in existence at any
time.  Guarantor may prospectively revoke
this Agreement by sending written notice to SYSTRAN, by certified mail return
receipt requested, at the address for SYSTRAN specified below (the “Revocation
Notice”).  The revocation of this
Agreement shall not be effective with respect to any Bills, accounts or
accounts receivable submitted to SYSTRAN by Customer on or prior to the date
occurring forty-five (45) days after SYSTRAN’s receipt of the Revocation
Notice.

3.             Absolute
Nature of Agreement.  The
representations, warranties and guarantees of Guarantor under this Agreement
are absolute and unconditional. 
Guarantor shall not be released from such representations, warranties or
guarantees for any reason, nor shall such representations, warranties or
guarantees be reduced, diminished or discharged for any reason, including:

a.             Modifications and
Indulgences.  Any modification,
renewal or alteration of the Factoring Agreement, any other agreement
pertaining to the Factoring or any Bills, accounts or accounts receivable, or
any indulgence, adjustment, preference, extension or compromise made by SYSTRAN
in favor of Customer or any account debtor associated with any Bills, accounts
or accounts receivable (an “Account Debtor”).

b.             Composition of
Customer or Guarantor.  Any sale,
lease or other disposition of any of the assets of Customer or Guarantor; any
reorganization of, or change in the composition of the shareholders, partners
or members of, Customer or Guarantor; or any termination of, or other change
in, the relationship between Customer and Guarantor.

c.             Audit of Customer.  The failure of any audit of the accounts,
inventory, revenues or the books and records of Customer to disclose
irregularities or wrong-doing by Customer.

4.             Waivers.  Guarantor waives:

a.             Action Against
Others.  Any right to require SYSTRAN
to:  institute suit or exhaust remedies
against Customer or any Account Debtor; enforce SYSTRAN’s rights in any
security which is at any time given to secure any obligations of Customer owing
to SYSTRAN; join Customer or any other party in any action seeking to enforce
this Agreement; or exhaust any other remedies available to SYSTRAN or resort to
any other means of obtaining payment or performance under the Factoring
Agreement.

b.             Notices.  Notice of the amount of credit extended by SYSTRAN
to Customer at any time, whether primary or secondary; notice of the
modification or extension of any Factoring or Bills, accounts or accounts
receivable; notice of a default or other non-performance by Customer in
connection with the Factoring Agreement or by an Account Debtor in connection
with a Bill, account or account receivable; notice of the acceptance of this
Agreement by SYSTRAN; demand and presentation for payment upon Customer, any
Account Debtor or any other party liable for any Bill, account or account
receivable; protest, notice of protest and diligence of bringing suit against
Customer, any Account Debtor or any other party; and any other action or
inaction on the part of SYSTRAN in connection with the Factoring Agreement or
any Bill, account or account receivable.

5.             Governing
Law.  This
Agreement shall be deemed to be a contract under the laws of the State of
Oregon and for all purposes shall be governed by and construed in accordance
with the laws of that state.  Customer
irrevocably agrees that any legal action or proceeding brought by or

 2
 

against Customer with respect to the Agreement
shall be brought in the courts of the State of Oregon or in the U.S. District
Court for the District of Oregon. 
Customer consents to the jurisdiction of such courts and that the venue
for any such action shall be the County of Multnomah.  This provision shall not limit the right of
SYSTRAN to bring such actions or proceedings against Customer in the court of
such other states or jurisdictions where Customer may be subject to
jurisdiction.

6.             Jury Trial Waiver.  In recognition of the higher costs and delay
which may result from a jury trial, the parties waive any right to trial by
jury of any claim, demand, action or cause of action (A) arising hereunder, or
(B) in any way connected with or related or incidental to the dealings of the
parties hereto or any of them with respect hereto, in each case whether now
existing or hereafter arising, and whether sounding in contract or tort or
otherwise; and each party further waives any right to consolidate any such
action in which a jury trial has been waived with any other action in which a
jury trial cannot be or has not been waived; and each party hereby agrees and
consents that any such claim, demand, action or cause of action shall be
decided by court trial without a jury, and that any party hereto may file an
original counterpart or a copy of this section with any court as written
evidence of the consent of the parties hereto to the waiver of their right to
trial by jury.

10.           Credit
Information. By signing this guaranty, Guarantor authorizes SYSTRAN, or any
of its affiliates, to obtain credit bureau reports, and make other credit
inquiries that SYSTRAN determines are necessary.  On Guarantor’s written request, SYSTRAN will
inform Guarantor whether it has requested a consumer credit report and the name
and address of any consumer credit reporting agency that published a
report.  Guarantor acknowledges that
without further notice SYSTRAN may use or request additional credit bureau
reports to update our information so long as Guarantor obligations to SYSTRAN
are outstanding.

Dated and effective February
8, 2007

	
  WITNESS(ES):

  	
   

  	
   

  	
  INDIVIDUAL GUARANTOR(S):

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/ James D. Durham

  
	
  Print Name:

  	
   

  	
   

  	
   

  	
  Print Name:

  	
  James Durham

  
	
  Print Title:

  	
   

  	
   

  	
   

  	
  Print Title:

  	
  Individual

  
	
  Home Address:

  	
   

  	
   

  	
   

  	
  Home Address:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Home Telephone:

  	
   

  	
   

  	
   

  	
  Home Telephone:

  	
   

  
											

 

	
  

  	
  Address for Notices to Systran:

  
	
   

  	
   

  
	
   

  	
  Systran
  Financial Services Corporation

  
	
   

  	
  Attn:
  Credit Manager

  
	
   

  	
  4949 SW
  Meadows Road, Suite 500

  
	
   

  	
  Lake
  Oswego, Oregon 97035

  
	
   

  	
  P.O.
  Box 3289

  
	
   

  	
  Portland,
  OR 97208

  

 

 3Exhibit 10.90

SYSTRAN
Financial Services Corporation

a subsidiary of Textron Financial Corporation

BILLS, ACCOUNTS, AND ACCOUNTS RECEIVABLE VALIDITY
GUARANTY

This Bills, Accounts and Accounts Receivable Validity
Guaranty (this “Agreement”) is executed as of February 8, 2007, by the
undersigned guarantor (“Guarantor”) in favor of Systran Financial Services
Corporation, a subsidiary of Textron Financial Corporation, and its affiliates
(“SYSTRAN”).  Capitalized terms not
defined herein shall have the respective meanings set forth in the Factoring
Agreement (as hereinafter defined).

RECITALS

A.            SYSTRAN
and Crdentia Corp., Health Industry Professionals, L.L.C., Mint Medical
Staffing Odessa, LP, Prime Staff, Inc., Staff Search Acquisition Corp., Arizona Home Health Care/Private Duty, Inc.,
Care Pros Staffing, Inc., Baker Anderson Christie, Inc., New Age Staffing,
Inc., PSR Nurses, Ltd., and Nurses Network, Inc. (individually and
collectively “Customer”) have entered or will enter into a Factoring Agreement
(each such agreement, as amended or modified from time to time, individually
and collectively referred to as the “Factoring Agreement”), pursuant to which
SYSTRAN will provide accounts receivable financing to Customer (the “Financing”);
and

B.            The
Financing is or will be secured by, among other things, all Bills, accounts and
accounts receivable in which Customer now or hereafter has rights.

AGREEMENTS

With knowledge that SYSTRAN will provide Financing to
Customer in reliance upon the existence of this Agreement, Guarantor agrees
with SYSTRAN as follows:

1.             Representation,
Warranty, and Guaranty.  Guarantor
represents, warrants and guarantees to SYSTRAN that:

a.             Each of Customer’s
Bills submitted to SYSTRAN will:  (i) be
genuine, complete and, in all other respects, what it purports to be; (ii) be
for an undisputed claim in the amount that Customer indicates to be owing to
Customer; (iii) be free and clear of liens, claims and security interests of
any party other than SYSTRAN; (iv) have arisen from the sale and delivery of
goods or from services rendered by Customer in the ordinary course of Customer’s
business; (v) not be subject to any offset or defense, or be contingent upon
the fulfillment of any condition; (vi) not involve an account debtor that
controls, is controlled by, or is under common control with Customer, or that
is an employee, agent, owner or shareholder of Customer; (vi) not constitute “chattel
paper” or an “instrument”, as those terms are defined in the Uniform Commercial
Code.

b.             All cash, drafts and
other revenues received by Customer from any source and for any reason will be
forwarded to SYSTRAN in accordance with the terms of the Factoring Agreement.

c.             Guarantor
hereby unconditionally guarantees to SYSTRAN the full and prompt performance of
all obligations of Customer to SYSTRAN required under the Factoring Agreement
to the extent such obligations arise from or are related to any and all acts of
fraud and/or misrepresentation performed by any Guarantor, any Customer, its
officers, directors, employees, affiliates, or any other person or entity
acting for or on behalf of any Customer in any capacity.  Fraud in this context has the meaning of
willful intent to mislead, misrepresent facts, and/or falsify documents that
results in damages to SYSTRAN.

Guarantor
will reimburse SYSTRAN, upon demand, for all loss and damage which SYSTRAN
incurs as the result of the breach of any of the warranties of Guarantor set
forth in Section 1 (a) through (c) of this

 1
 

Agreement
above.  As to claims made by SYSTRAN, Guarantor
will be permitted to seek relief for defense and other costs from
indemnification provisions in Customer’s bylaws and from directors’ and
officers’ liability insurance or otherwise available at law or equity,
provided, however, each Guarantor hereby subordinates all such rights of
recovery to SYSTRAN until SYSTRAN is irrevocably paid in full for all Customer
obligations under the Financing.

2.             Continuing
Nature of Agreement.  This Agreement
is a continuing agreement and shall apply without regard to the form or the
amount of the Bills, accounts or accounts receivable in existence at any
time.  Guarantor may prospectively revoke
this Agreement by sending written notice to SYSTRAN, by certified mail return
receipt requested, at the address for SYSTRAN specified below (the “Revocation
Notice”).  The revocation of this
Agreement shall not be effective with respect to any Bills, accounts or
accounts receivable submitted to SYSTRAN by Customer on or prior to the date
occurring ninety (90) days after SYSTRAN’s receipt of the Revocation Notice.

3.             Absolute
Nature of Agreement.  The
representations, warranties and guarantees of Guarantor under this Agreement
are absolute and unconditional. 
Guarantor shall not be released from such representations, warranties or
guarantees for any reason, nor shall such representations, warranties or
guarantees be reduced, diminished or discharged for any reason, including:

a.             Modifications and
Indulgences.  Any modification,
renewal or alteration of the Factoring Agreement, any other agreement
pertaining to the Factoring or any Bills, accounts or accounts receivable, or
any indulgence, adjustment, preference, extension or compromise made by SYSTRAN
in favor of Customer or any account debtor associated with any Bills, accounts or
accounts receivable (an “Account Debtor”).

b.             Composition of
Customer or Guarantor.  Any sale,
lease or other disposition of any of the assets of Customer or Guarantor; any
reorganization of, or change in the composition of the shareholders, partners
or members of, Customer or Guarantor; or any termination of, or other change
in, the relationship between Customer and Guarantor.

c.             Audit of Customer.  The failure of any audit of the accounts,
inventory, revenues or the books and records of Customer to disclose
irregularities or wrong-doing by Customer.

4.             Waivers.  Guarantor waives:

a.             Action Against
Others.  Any right to require SYSTRAN
to:  institute suit or exhaust remedies
against Customer or any Account Debtor; enforce SYSTRAN’s rights in any
security which is at any time given to secure any obligations of Customer owing
to SYSTRAN; join Customer or any other party in any action seeking to enforce
this Agreement; or exhaust any other remedies available to SYSTRAN or resort to
any other means of obtaining payment or performance under the Factoring
Agreement.

b.             Notices.  Notice of the amount of credit extended by
SYSTRAN to Customer at any time, whether primary or secondary; notice of the
modification or extension of any Factoring or Bills, accounts or accounts
receivable; notice of a default or other non-performance by Customer in
connection with the Factoring Agreement or by an Account Debtor in connection
with a Bill, account or account receivable; notice of the acceptance of this
Agreement by SYSTRAN; demand and presentation for payment upon Customer, any
Account Debtor or any other party liable for any Bill, account or account
receivable; protest, notice of protest and diligence of bringing suit against
Customer, any Account Debtor or any other party; and any other action or
inaction on the part of SYSTRAN in connection with the Factoring Agreement or
any Bill, account or account receivable.

5.             Governing
Law.  This
Agreement shall be deemed to be a contract under the laws of the State of
Oregon and for all purposes shall be governed by and construed in accordance
with the laws of that state.  Customer
irrevocably agrees that any legal action or proceeding brought by or against
Customer with respect to the Agreement shall be brought in the courts of the State
of Oregon or in the U.S. District Court for the District of Oregon.  Customer consents to the jurisdiction

 2
 

of such courts and that the venue for any such
action shall be the County of Multnomah. 
This provision shall not limit the right of SYSTRAN to bring such
actions or proceedings against Customer in the court of such other states or
jurisdictions where Customer may be subject to jurisdiction.

6.             Jury Trial Waiver.  In recognition of the higher costs and delay
which may result from a jury trial, the parties waive any right to trial by
jury of any claim, demand, action or cause of action (A) arising hereunder, or
(B) in any way connected with or related or incidental to the dealings of the
parties hereto or any of them with respect hereto, in each case whether now
existing or hereafter arising, and whether sounding in contract or tort or
otherwise; and each party further waives any right to consolidate any such
action in which a jury trial has been waived with any other action in which a
jury trial cannot be or has not been waived; and each party hereby agrees and
consents that any such claim, demand, action or cause of action shall be
decided by court trial without a jury, and that any party hereto may file an
original counterpart or a copy of this section with any court as written
evidence of the consent of the parties hereto to the waiver of their right to
trial by jury.

10.           Credit
Information. By signing this guaranty, Guarantor authorizes SYSTRAN, or any
of its affiliates, to obtain credit bureau reports, and make other credit
inquiries that SYSTRAN determines are necessary.  On Guarantor’s written request, SYSTRAN will
inform Guarantor whether it has requested a consumer credit report and the name
and address of any consumer credit reporting agency that published a
report.  Guarantor acknowledges that
without further notice SYSTRAN may use or request additional credit bureau
reports to update our information so long as Guarantor obligations to SYSTRAN
are outstanding.

Dated and effective February 8, 2007

	
  By:

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/ James J. TerBeest

  
	
  Print Name:

  	
   

  	
   

  	
   

  	
  Print Name:

  	
  James TerBeest

  
	
  Print Title:

  	
   

  	
   

  	
   

  	
  Print Title:

  	
  Individual

  
	
  Home Address:

  	
   

  	
   

  	
   

  	
  Home Address:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Home Telephone:

  	
   

  	
   

  	
   

  	
  Home Telephone:

  	
   

  
											

 

	
  

  	
  Address for Notices to Systran:

  
	
   

  	
   

  
	
   

  	
  Systran
  Financial Services Corporation

  
	
   

  	
  Attn:
  Credit Manager

  
	
   

  	
  4949 SW
  Meadows Road, Suite 500

  
	
   

  	
  Lake
  Oswego, Oregon 97035

  
	
   

  	
  P.O.
  Box 3289

  
	
   

  	
  Portland,
  OR 97208

  

 

 3

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