Document:

EXHIBIT 10.13

                             DISTRIBUTION AGREEMENT

THIS DISTRIBUTION AGREEMENT (this "Agreement") is made as of April 16, 2004;
BETWEEN: Possis Medical, Inc., a Minnesota corporation, 9055 Evergreen Boulevard
NW, Minneapolis, Minnesota 55433 ("Distributor" or "Possis");

AND: Angiometrx Inc., a corporation incorporated under the Canada Business
Corporations Act and having its primary business office at Unit 107, 1099 8th
Avenue West, in the City of Vancouver, in the Province of British Columbia,
Canada; ("Manufacturer" or "Angiometrx")

BACKGROUND

A. Angiometrx manufactures (or causes to be manufactured) and markets certain
products and devices described in the attached Exhibit A (such products and
devices are referred to as the "Products");

B. Distributor possesses the facilities, personnel, ability and capacity to
promote the sale and use of the Products in the geographic area described in the
attached Exhibit B (such area is referred to as the "Territory"); and

C. Angiometrx wishes to sell the Products to Distributor, and Distributor wishes
to purchase the Products for resale in the Territory.

AGREEMENT

In consideration of the foregoing and of the mutual covenants contained herein,
and intending to be legally bound, Angiometrx and Distributor agree as follows:

1.       DISTRIBUTION.

a.)      APPOINTMENT. Subject to the terms of this agreement, Angiometrx hereby
         appoints Distributor and Distributor hereby accepts appointment as the
         exclusive distributor of Products in the Territory.

b.)      DURATION AND TERMINATION.

         (1)      This Agreement shall begin on the date written above and shall
                  continue in full force and effect for a three and one quarter
                  year term, expiring August 1, 2007. The Agreement can be
                  extended up to an additional twenty-four (24) months by
                  agreement in writing between Angiometrx and Distributor,
                  provided Angiometrx and Distributor can negotiate agreeable
                  sales volume commitments and contract duration for the
                  extended term. These negotiations may begin anytime and must
                  be concluded by the thirty third (33) month of the original
                  term.

         (2)      Each of the following circumstances shall constitute an "Event
                  of Default" under this Agreement: i) Material breach of any
                  term or condition of this Agreement; ii) The repeated failure
                  of a party to perform one or more of its obligations whether
                  or not this repeated failure constitutes a material breach;
                  iii) The filing by or against the other party of any
                  insolvency or bankruptcy proceeding, or proceedings for
                  reorganization, receivership, dissolution or any arrangement
                  under bankruptcy law, iv) The existence of a condition of
                  force majeure for longer than six (6) months; v) Any change in
                  a party's ownership which shall impair its ability to perform
                  its obligations under this Agreement; or vi) The failure or
                  inability of Distributor to meet sales objectives outlined in
                  Section 2(d)(2).

         Upon the occurrence of an Event of Default by one of the parties, the
         other party may terminate this Agreement upon thirty (30) days prior
         written notice to the defaulting party; provided that the defaulting
         party shall not have cured the default within such thirty (30) day
         period. Therefore, if the Event of Default is not cured within that
         thirty (30) day period, this Agreement will be deemed terminated. Not
         withstanding the foregoing, no notice shall be required for an Event of
         Default as defined in Section 1(b)(2)(iii).

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         (3) During the 30 day notice period described in subsection (2) above,
         the party giving notice may withhold its own performance (except with
         respect to payment of any amount then due and owed to the other party)
         unless the other party cures or acts with due diligence to cure the
         Event of Default within the notice period.

     c.) SUB-DISTRIBUTORS.

         If at any time during the term of this Agreement Distributor appoints
         any sub-distributors for the Products, Distributor shall:

         i)       Cause such sub-distributors to comply fully with all
                  obligations imposed hereunder upon Distributor applicable to
                  resale of the Products within the Territory;

         ii)      Obtain a guarantee from any such sub-distributor that it will
                  not represent itself as an employee, agent or representative
                  of Angiometrx;

         iii)     Indemnify Angiometrx and defend and hold Angiometrx harmless
                  from all claims, damages and liabilities which Angiometrx may
                  incur in connection with the appointment or termination of
                  such sub-distributor and the sale of Products by such
                  sub-distributor; iv) Submit to Angiometrx a list of the
                  sub-distributors including addresses, fax and phone numbers.

     d.) CONFLICTS OF LNTEREST.

         In the absence of approval by the Manufacturer, such approval not to be
         unreasonably withheld, Distributor expressly agrees not to engage in
         any activity relating to a product that competes directly with the
         Products. These competing products are outlined in Exhibit E

     e.) INDEPENDENT CONTRACTOR.

         Distributor is an independent contractor authorized only to purchase
         products from Angiometrx for resale within the Territory. Nothing in
         this Agreement creates a relationship of employer-employee,
         principal-agent, franchiser-franchisee, joint venture or partnership
         between Distributor and Angiometrx. Distributor has no power or
         authority to bind Angiometrx in any way for any purpose, nor to give
         any representation on Angiometrx's behalf, nor to create any liability
         against Angiometrx. Distributor agrees to indemnify and to hold
         harmless Angiometrx from and against any and all claims, damages or
         liabilities arising from any act of Distributor outside of its scope of
         authority under this Agreement.

2. PRODUCTS.

     a.) PRICE.
         (1) The initial Price for the Products is set forth in the attached
         Exhibit C. Said prices shall be binding on Manufacturer for the first
         year of the term of this Agreement and shall be modified only with the
         express approval of Distributor, except as noted in section 2.a.(2).

         (2) Prices may be modified by the Manufacturer for the second year of
         the Agreement upon 60 days notice to Distributor, provided that
         AngioMetrx demonstrates that the price change is justified by an
         increase to Angiometrx of at least ten per cent (10%) in the
         manufacturing costs for the Products ( inclusive of the impact of
         changes in the applicable currency exchange rate). Following such a
         price increase, the new price shall be fixed for the entire year.
         Prices may be modified by the Manufacturer for the third year of the
         Agreement upon the same terms and conditions as required for a price
         increase in the second year of the Agreement.

         (3) Any modified price will not apply to orders received and accepted
         by Angiometrx prior to the effective date of such Distributor price
         changes.

         (4) All prices and shipments to Distributor shall be F.O.B.
         Angiometrx's plant in Vancouver, Canada. To such prices shall be added
         all shipment costs, transit insurance costs, and applicable duties or
         taxes and other related costs and expenses relating to the sale and
         shipment of the Products to Distributor. The Manufacturer shall ship
         all Products to the Distributor's main facility located in Minnesota,
         or such other location as may be designated from time to time by the
         Distributor. The Distributor shall specify its carrier of choice for
         shipments in each purchase order to the Manufacturer. The Manufacturer
         will invoice the Distributor for any shipment costs incurred.

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     b.) PURCHASE ORDERS.

         (1) Distributor agrees to purchase the Products from Angiometrx, solely
         from Angiometrx and not from any other source, and Distributor agrees
         that purchase of the Products is for resale on Distributor's own
         account.

         (2) Distributor may issue only written purchase orders for the Products
         to Angiometrx. All purchase orders shall specify Product type,
         quantity, desired shipping date, unit price (from the Price List),
         unique purchase order number, shipping destination and any special
         shipping instructions. All purchase orders shall be subject to the
         terms and conditions of this Agreement and in the event of a conflict
         or inconsistency between the terms of this Agreement and the terms of
         any purchase order or other document submitted by Distributor to
         Angiometrx, this Agreement shall control unless the parties
         specifically otherwise agree in writing.

         (3) Angiometrx may impose, as a prerequisite to its acceptance of a
         purchase order, the payment of outstanding delinquent invoices.

         (4) Angiometrx will acknowledge the acceptance of a purchase order by a
         written order confirmation, shipment of the Products ordered, or other
         appropriate communication. Distributor acknowledges and understands
         that Angiometrx's obligation to sell any Products is subject to
         availability of Products. No purchase order shall be binding upon
         Angiometrx until the same is accepted in writing by Angiometrx.

         (5) Angiometrx shall make reasonable efforts to fill each purchase
         order that is accepted, but Angiometrx shall not be liable for damages
         caused by failure to ship or delay in shipment resulting from
         conditions beyond the control of Angiometrx, including but not limited
         to the inability of its suppliers to obtain material and supplies or to
         produce sufficient components to meet Product sales demand. Any failure
         by Angiometrx to ship Product ordered by Distributor to meet the
         minimum purchase requirements as provided in Exhibit D herein shall
         reduce Distributor's purchase requirements provided in Exhibit D herein
         for that period and shall suspend the remedies provided in Section
         (d)(2) herein for Distributor's failure to meet purchase requirements
         during that period.

     c.) PAYMENT.

         (1) All amounts due to Angiometrx shall be for the net invoice amount
         paid in U.S. Dollars without discount or rebate. Payment terms are
         thirty (30) days, which shall be stated on each invoice. Angiometrx may
         at its sole discretion require wire transfer prior to shipment or
         irrevocable standby letter of credit payable by sight draft from
         Distributor. If Distributor is prohibited from making payment in U.S.
         Dollars because of any applicable law or regulation, Angiometrx may
         elect to designate a currency or mode of payment not so prohibited, or
         to terminate this Agreement upon ten (10) days written notice.
         Termination does not discharge any obligation of Distributor to
         promptly pay any unpaid invoices in full in any non-prohibited currency
         designated by Angiometrx.

         (2) If Distributor is delinquent in remitting payments to Angiometrx
         under the terms of any invoice, Angiometrx may: i) decline to accept
         new purchase orders; ii) charge Distributor interest on past due
         amounts at a rate of 1.5 percent per calendar month; and/or iii)
         require advance payment, payment on delivery, or bank-guaranteed method
         of payment for further shipments. Distributor shall comply with the
         modified payment terms. The foregoing remedies of Angiometrx are not
         exclusive, but in addition to any and all remedies available to
         Angiometrx under this Agreement and applicable law.

     d.) SALES.

         (1) Distributor shall restrict to the Territory its active promotion
         and marketing of the Products. Distributor shall not actively pursue
         sales of the Products outside the Territory.

         (2) Minimum purchase requirements are as set out in Exhibit D. Failure
         of Distributor in any one-year period to purchase the annual commitment
         shall result in a ninety (90) day probationary period. During this
         period, Distributor must increase purchases to levels specified by
         Angiometrx. If Distributor fails to meet the probationary purchase
         requirements, Angiometrx may terminate this Agreement immediately upon
         written notice to Distributor.

         (3) Distributor shall submit detailed sales and inventory reports to
         Angiometrx on a quarterly basis, together with a rolling good faith but
         non-binding sales forecast. The reports shall be in a form and
         substance as reasonably required by Angiometrx.

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     e.) SHIPMENT, DELIVERY AND INVENTORY.

         (1) All risk of loss or damage to the Products shipped will pass from
         Angiometrx to Distributor at the time the shipment is delivered to the
         carrier.

         (2) Delivery schedules set forth in Angiometrx's order confirmations
         reflect Angiometrx's reasonable estimate of actual shipping dates.
         Angiometrx will use its reasonable best efforts to meet such dates.
         Partial shipments will constitute independent transactions for which
         payment is due according to the terms of this Agreement. Distributor
         shall be solely responsible for obtaining whatever licenses, permits or
         the like may be required to allow it to receive the Product.

         (3) Distributor shall inspect the Products promptly upon their arrival
         at their shipping destination. All defects or other nonconformities of
         the Products to the terms of the purchase order discoverable upon
         receiving inspection, must be reported in writing to Angiometrx within
         thirty (30) days after the date of receipt of the Products, or
         Distributor's rights for redress shall be forever waived. All other
         defects or nonconformities must be reported in writing within thirty
         (30) days after discovery or Distributor's rights for redress shall be
         forever waived.

         (4) Distributor shall at all times maintain sufficient inventory of
         Products to meet customer demand and established sales objectives for
         the Territory.

         (5) Shelf Life Conditions and Remedies:

         i)       NINE MONTHS OR GREATER SHELF LIFE: For any product that is
                  provided to the Distributor with a minimum of nine (9) months
                  shelf life, the Distributor may not return inventory to
                  Angiometrx or transfer inventory to any other distributor
                  without Angiometrx's express written consent. Product can be
                  returned to Angiometrx only in the event of termination of
                  this distribution agreement subject to the following
                  limitations: Product with a minimum of six (6) months shelf
                  life remaining can be returned for a refund of the purchase
                  price; Product with less than six (6) months remaining shelf
                  life cannot be returned; Distributor will bear all risks of
                  loss or damage to returned Products occurring before receipt
                  of the Products by Angiometrx.

         ii)      LESS THAN NINE MONTHS SHELF LIFE: For any Product that is
                  provided to the Distributor with less than nine (9) months
                  shelf life, the Distributor can return it to the Manufacturer
                  at any time for full refund or replacement. Distributor will
                  bear all risks of loss or damage to returned Products
                  occurring before receipt of the Products by Angiometrx.

         (6) Notwithstanding the provisions of Section 2(e)(5) herein,
         Manufacturer shall accept the return and issue full credit to
         Distributor for all product returned by Distributor, unless
         Manufacturer can demonstrate such returned product is functional and
         shows no operational defect. Manufacture shall issue a credit of $75.00
         to Distributor for all product returned by Distributor as to which
         Manufacturer can demonstrate the absence of any functional or
         operational defect.

     f.) PRODUCT MODIFICATIONS.

         (1)      Angiometrx reserves the right to modify the design,
                  specifications, and/or the method of manufacture of the
                  Products at any time and to substitute the modified Products
                  for those originally ordered by Distributor, provided there is
                  no material alteration of the Products' form, fit, function or
                  quality and Distributor is provided notice of such
                  modifications prior to the delivery of any Product to
                  Distributor. Angiometrx may not discontinue manufacture of the
                  Products without reasonable notice to Distributor.

         (2)      Manufacturer shall provide, at its cost, all software upgrades
                  deemed beneficial to the performance of the Metricath 1000
                  Console; such software upgrades shall be installed as the
                  parties shall mutually agree.

3. DISTRIBUTOR'S OBLIGATIONS.

     In addition to Distributor's other agreements herein, Distributor further
agrees to:

         a.)      Exercise its best efforts to (1) promote the sale of the
                  Products at its own expense throughout the Territory using
                  such means as advertising, customer contact, distribution of
                  printed materials, attendance at trade shows and conventions,
                  support of local surgeons at trade shows and conventions and
                  the like; (2) promote the goodwill of Angiometrx; and (3) meet
                  or exceed the sales objectives established in Section 2;

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         b.)      Provide and maintain at its own expense, one or more suitable
                  places of business in the Territory staffed with an adequate
                  force of competent sales personnel who are thoroughly familiar
                  with the Products and shall contact customers throughout the
                  Territory; pay all expenses incurred by its personnel relating
                  to attendance at Angiometrx's training or other presentations
                  regarding the Products; c.) Cooperate with Angiometrx in the
                  sponsorship and planning of technical seminars on the
                  Products, without charge to Angiometrx; d.) Furnish without
                  charge to Angiometrx market surveys and related information
                  prepared by Distributor or third parties pertaining to the
                  market for the Products in the Territory; e.) Provide
                  Angiometrx with prompt written notice of all material changes
                  in management or sales personnel responsible for the promotion
                  and sale of the Products in the Territory; f.) When
                  appropriate, assist Angiometrx in collecting clinical data
                  from designated clinical centers within the Territory; g.)
                  Maintain in accordance with Angiometrx's requirements
                  complete, accurate and current records on Product shipments so
                  that quarterly reports may be sent to Angiometrx indicating
                  location, by serial number or lot number, of all Products sold
                  to Distributor by Angiometrx; and h.) Assist Angiometrx in any
                  recall of Products sold in the Territory.

4. SURVIVING OBLIGATIONS.

         Upon the expiration or termination of this Agreement, all rights of
         Distributor under this Agreement shall immediately cease, and
         Angiometrx may appoint a new distributor(s) of the Products in the
         Territory. The following obligations of Distributor shall survive and
         continue after expiration or termination of this Agreement:

         a.) To offer to sell its inventory of the Products back to Angiometrx
         at the purchase price originally paid by Distributor, less any credits
         and allowances applied to Distributor's account for the Products.
         Unless such termination is the result of an Event of Default by
         Distributor as described in Section 1(b)(2), Angiometrx shall be
         obliged to repurchase such Products, provided they are in their
         original packaging, form and condition, subject to the terms of section
         2(e)(5).

         b.) To immediately return to Angiometrx all Product samples,
         information, literature and other documents supplied to Distributor by
         Angiometrx;

         c.) To continue to make payments owed to Angiometrx promptly when due;

         d.) To provide a final, current and accurate record of the location of
         all Product not returned to Angiometrx under section (a) above;

         e.) To cease trading in the Products and give prompt notice to all
         sub-distributors, agents and employees in the Territory of the
         cessation of Distributor's rights to distribute the Products in the
         Territory;

         f.) To continue to indemnify Angiometrx with respect to all matters to
         which indemnification by Distributor is covenanted herein;

         g.) To continue to keep information confidential and protect
         Angiometrx's Intellectual Property as provided under Section 8; and

         h.) To continue to observe any and all obligations of Distributor
         herein which are to survive expiration of this Agreement according to
         express terms of this Agreement.

5. ANGIOMETRX'S OBLIGATIONS.

         In addition to Angiometrx's other agreements herein, Angiometrx further
         agrees to:

         a.) Furnish to Distributor reasonable quantities of promotional
         materials and marketing literature as sales aids for the Products. All
         such promotional materials shall be and remain the exclusive property
         of Angiometrx;

         b.) Provide to Distributor in writing, or by oral or other
         presentation, information and training concerning the technical
         specifications of the Products; together with training necessary to
         allow Distributor personnel to effectively sell and service its
         customers;

         c.) Cooperate with Distributor in the planning of technical and
         educational seminars on the Products;

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         d.) Respond to inquiries from Distributor regarding the Products, their
         use and application, the status of shipments on accepted purchase
         orders, new or improved versions of the Products and the like; and

         e.) Refrain from soliciting for employment by Angiometrx employees of
         Distributor during the term of this agreement and for one (1) year
         following the termination or expiration of this Agreement. This
         obligation shall survive the termination or expiration of this
         Agreement unless such termination results from an Event of Default by
         Distributor under this Agreement.

6. COMPLIANCE WITH LAW.

         a.) Angiometrx will comply with all pertinent statutes, regulations and
         rules governing the manufacture and sale of medical devices in the
         United States and all applicable requirements of the United States Food
         and Drug Administration.

         b.) Distributor shall be solely responsible for compliance in the
         Territory with all applicable local laws and regulations relating to
         distribution of the Products and the marketing and sale thereof by
         Distributor. Angiometrx and Distributor will cooperate where
         appropriate in order to assure compliance of both parties with such
         laws and regulations.

7. LIMITED WARRANTY AND LIMITATION OF REMEDIES. [Warranty attached as Exhibit F]

         a.)      The sole warranty given by Angiometrx to Distributor
                  respecting the Products shall be that contained in the
                  literature supplied by Angiometrx with the Products, which
                  warranty Angiometrx may change at any time in its sole
                  discretion, subject to 60 days notice to Distributor prior to
                  any such change. Angiometrx's liability will be limited to the
                  provisions of such warranty, and Distributor shall not make
                  any other representations or warranties respecting the
                  Products. SUCH WARRANTY IS EXCLUSIVE AND IS GIVEN IN LIEU OF
                  ALL OTHER WARRANTIES, REPRESENTATIONS, GUARANTEES AND
                  CONDITIONS, EXPRESSED OR IMPLIED, STATUTORY OR OTHERWISE
                  INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY,
                  DURABILITY AND FITNESS FOR PURPOSE (INCLUDING FITNESS FOR A
                  PARTICULAR PURPOSE) AND WARRANTIES ARISING FROM USAGE OF TRADE
                  OR COURSE OF DEALING. Any description of Products, whether in
                  writing or made orally by Angiometrx, specifications, samples,
                  models, bulletins, drawing, diagrams, or similar material used
                  in connection with the Products are for the sole purpose of
                  identifying the Products and shall not be construed as an
                  express warranty or representation. ANGIOMETRX AND DISTRIBUTOR
                  SPECIFICALLY EXCLUDE THE APPLICATION OF THE UNITED NATIONS
                  CONVENTION ON CONTRACTS FOR THE INTERNATIONAL SALE OF GOODS.

         b.)      DISTRIBUTOR'S EXCLUSIVE REMEDY FOR ANY BREACH OF THE WARRANTY
                  DESCRIBED IN SECTION 7.a.) WILL BE REPLACEMENT OF SUCH
                  PRODUCTS BY ANGIOMETRX OR, AT ANGIOMETRX'S ELECTION, REFUND OF
                  THE PURCHASE PRICE. ANGIOMETRX SHALL NOT BE SUBJECT TO AND
                  EXPRESSLY DISCLAIMS: (A) ANY OTHER OBLIGATIONS OR LIABILITIES
                  ARISING OUT OF BREACH OF CONTRACT OR OF WARRANTY, (B) ANY
                  OBLIGATIONS WHATSOEVER ARISING FROM TORT CLAIMS (INCLUDING
                  NEGLIGENCE AND STRICT LIABILITY) OR ARISING UNDER OTHER
                  THEORIES OF LAW WITH RESPECT TO PRODUCTS OR ANY UNDERTAKINGS,
                  ACTS OR OMISSIONS RELATING THERETO, AND C) ALL CONSEQUENTIAL,
                  INCIDENTAL, SPECIAL AND CONTINGENT DAMAGES WHATSOEVER, WITHOUT
                  LIMITING THE GENERALITY OF THE FOREGOING, ANGIOMETRX
                  SPECIFICALLY DISCLAIMS ANY LIABILITY FOR PROPERTY OR PERSONAL
                  INJURY DAMAGES, PENALTIES, SPECIAL OR PUNITIVE DAMAGES,
                  DAMAGES FOR LOST PROFITS OR REVENUES, OR ANY OTHER ECONOMIC
                  LOSS AND FOR CLAIMS OF DISTRIBUTOR'S CUSTOMERS OR ANY THIRD
                  PARTY FOR ANY SUCH DAMAGES. Distributor shall be liable to
                  Angiometrx for any Products damaged after title and risk of
                  loss is passed to Distributor, or for any Products to which
                  Distributor made changes in fabrication, assembly or
                  otherwise.

         c.)      Angiometrx shall hold Distributor harmless from any and all
                  claims, demands and liabilities (including product liability)
                  arising from or related to any claim, action or proceeding
                  made by a third party as a result of Angiometrx's activities
                  hereunder (subject to the limitations described in paragraph
                  7.a. and 7.b above) unless such liability arises from a
                  negligent act or omission of Distributor.

         d.)      Distributor shall not make any oral or written representations
                  that vary from the specifications, operating instructions or
                  representations given or made by Angiometrx to Distributor or
                  Distributor's employees with respect to the Products.

         e.)      Distributor shall defend and hold harmless Angiometrx and any
                  of its affiliates from and against any and all claims,
                  demands, actions, liabilities, damages, judgments, liens,
                  costs losses and expenses (including legal expense) which may
                  be suffered as a result of or in connection with the conduct
                  of the business of Distributor or any failure of Distributor
                  to perform and observe its obligations under this Agreement.

         f.)      Notwithstanding anything herein to the contrary, subject to
                  the consent of Manufacturer, such consent not to be
                  unreasonably withheld, Distributor is authorized to offer
                  extended warranty programs and to offer warranty coverage, at
                  its risk and expense, beyond the warranty coverage offered by
                  Manufacturer. Distributor shall be entitled to all of the
                  profits, if any, derived from said extended warranty programs.

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8. CONFIDENTIALITY AND INTELLECTUAL PROPERTY.

         a.) Distributor acknowledges Angiometrx's exclusive right, title and
         interest in the Territory to Angiometrx's patents, trademarks, trade
         names, emblems, designs, models and methods of presentation relating to
         the Products (referred to as "Intellectual Property"). Distributor
         shall not do or cause to be done anything, which directly or indirectly
         challenges or impairs Angiometrx's rights to the Intellectual Property.

         b.) Except as expressly provided herein, this Agreement does not give
         Distributor any right, title, license, or interest to the Intellectual
         Property and Distributor will not describe or represent itself as
         having such rights.

         c.) Distributor may use Angiometrx's Intellectual Property only in
         connection with the promotion, marketing and sale of the Products.
         During the term of this Agreement, Distributor may refer to itself on
         its letterhead and in advertisements as the authorized distributor of
         the Products and put Angiometrx's company logo in promotional materials
         relating to the Products. In no event is Distributor granted the right
         to use Angiometrx's Intellectual Property in connection with other
         goods distributed by Distributor, or to use or adapt such Intellectual
         Property or any confusingly similar words or symbols as part of its
         commercial name.

         d) Distributor acknowledges that it will obtain confidential
         information from Angiometrx and that the disclosure of this information
         would inflict irreparable harm upon Angiometrx. Distributor agrees to
         maintain in confidence aII information it may receive under this
         Agreement concerning the Products or Angiometrx's business, and
         Distributor will not disclose or disseminate such information to others
         without the prior written consent of Angiometrx. Distributor
         specifically agrees: (1) not to disclose to any unauthorized person any
         information concerning the terms and conditions of this Agreement; (2)
         to take all reasonable steps to prevent unauthorized disclosure of
         confidential information by Distributor's sub-distributors, agents and
         employees; and (3) to safeguard and protect all confidential documents
         from theft, loss or perusal by unauthorized persons.

9. FORCE MAJEURE AND OTHER CONTINGENCIES.

         Neither Angiometrx nor Distributor shall have any liability to the
         other or any third party for any failure or delay in the performance of
         any obligation under this Agreement (except the obligation to make
         payments as and when due) if directly or indirectly caused by or
         resulting from force majeure beyond the reasonable control and without
         fault or negligence of the party claiming force majeure. The party
         claiming force majeure will give the other party written notice of the
         cause within fifteen (15) days after the occurrence, and will exercise
         reasonable diligence to remove the cause and resume performance. If
         Angiometrx is the affected party, it may equitably allocate production
         and delivery of affected Products among its customers and its
         distributors. If any performance is suspended or delayed because of
         force majeure, the period for performance will be correspondingly
         extended; provided however, if the performance is suspended or delayed
         for more than six (6) months the party not claiming force majeure may
         at any time after such six (6) month period, and while the performance
         remains suspended or delayed, terminate this Agreement by written
         notice to the other party as provided in Section 14 below.

10. EQUITABLE RELIEF.

         Distributor acknowledges and agrees that, in the event of a breach by
         Distributor of any of the provisions of Sections 1(d) (Conflicts of
         Interest) or 8(d) (Confidentiality) of this Agreement, Angiometrx's
         remedies at law will be inadequate and such breach may cause Angiometrx
         substantial and irreparable injury and damages. Distributor agrees that
         Angiometrx will be entitled to the remedies of injunction, specific
         performance and other equitable relief to prevent a breach of such
         provisions of this Agreement. The exercise by Angiometrx of its rights
         under this Section 10 shall not be construed as a waiver of any rights
         which Angiometrx may have for damages or otherwise in the event of a
         breach of the provisions of Sections 1(d) and 8(d), or any other
         provision of this Agreement.

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11. NO LIABILITY FOR TERMINATION.

         No party terminating this Agreement in accordance with its terms shall,
         because of such termination, be liable to the other for compensation,
         reimbursement or damages on account of loss of profits on sales or
         estimated profits on anticipated sales or on account of expenditures,
         investments or commitments made in connection with the business or
         goodwill of the other party and neither party shall have such claim
         upon the expiration of this Agreement. Termination of this Agreement
         will not release either party from any debt owed to the other party
         prior to termination.

12. SETOFF.

         Angiometrx reserves the right to set off any amounts Distributor owes
         to Angiometrx against any amount Angiometrx owes to Distributor

13. SEVERABILITY.

         If any one or more of the provisions contained in this Agreement shall
         for any reason be held invalid, illegal, or the impossibility of
         enforcement in any respect, such invalidity, illegality, or the
         impossibility of enforcement shall not affect any other provision of
         this Agreement.

14. NOTICES.

         All notices or consents required by this Agreement shall be in writing
         in English. Notices shall be deemed delivered if: a) delivered in
         person, b) sent by certified mail, return receipt requested, correct
         postage prepaid, c) by telecopy, or d) by recognized international,
         commercial, overnight courier, to the address and/or telecopier number
         listed below, unless such address or telecopier number is changed by
         written notice hereunder:

         If to Angiometrx:

         Angiometrx
         107 - 1099 8th Avenue West
         Vancouver, BC Canada
         V6H 1C3

         Telecopy: (604) 742-3812

         Attention:  Mr. Alexei Marko,President
         Cc: Michael Varabioff, General Counsel

         If to Distributor:

         Possis Medical Inc.
         9055 Evergreen Boulevard NW
         Minneapolis, Minnesota 55433

         Telecopy:         763-780-7223

         Attention:  Robert G. Dutcher, Chairman, CEO and President
                     CC: Irving R. Colacci, Vice President and General Counsel
                     Shawn F. McCarrey, Vice President, Worldwide Sales

         Any notice or consent delivered (a) in person shall be deemed delivered
         when delivered and signed for by any person at the address above; (b)
         by certified mail, postage prepaid, return receipt requested, shall be
         deemed delivered on the seventh business day after the date deposited
         in the mail; (c) by telecopier transmission shall be deemed delivered
         on the date sent, if sent before 5:00 p.m. on a business day in the
         recipient's location, and in any event only when a transmission report
         is retained by the sender which indicates the telecopy has been duly
         received; and (d) by courier service shall be deemed delivered on the
         next business day after the date sent.

                                       56
<PAGE>

15. APPLICABLE LAW.

         a.) This Agreement shall be governed by the Province of British
         Columbia law, without regard to principles of choice of laws and the
         parties hereby submit to the jurisdiction of the Courts of British
         Columbia and agrees that service of process may be completed and shall
         be effective and binding upon the party served if mailed by certified
         mail, return receipt requested, postage prepaid and properly addressed
         to the party as set forth in Angiometrx's records.

         b.) Distributor represents and warrants to Angiometrx that each of the
         provisions of this Agreement is valid, binding and enforceable under
         the laws in existence in the Territory. Distributor agrees that upon
         request by Angiometrx, Distributor shall provide Angiometrx with an
         opinion of counsel to the foregoing effect.

16. ENTIRE AGREEMENT.

         This Agreement constitutes the entire understanding between the parties
         with respect to the subject matter hereof; no other representations or
         covenants have induced either party to enter into this Agreement.

17. CONSTRUCTION.

         The paragraph headings of this Agreement are for convenience of
         reference only and do not form a part of the terms of this Agreement.
         As used in this Agreement, the masculine, feminine or neuter pronoun
         shall include each the masculine, feminine and neuter genders. A
         reference to a person or entity shall mean a natural person, a trustee,
         a corporation, a partnership or any other form of legal entity. All
         references (including pronouns) in the singular or plural number shall
         be deemed to have been made, respectively, in the plural or singular
         number as well, as the context may require.

18. BENEFIT.

         This Agreement shall be binding on, and inure to the benefit of, the
         parties hereto and their respective heirs, executors, administrators,
         successors and permitted assigns. The Distributor may not assign this
         Agreement without the prior written consent of Angiometrx.

19. COUNTERPARTS.

         This Agreement may be executed in counterparts which when taken
         together shall constitute one agreement which is binding on all the
         parties, even though all the parties are not signatories to the same
         counterpart.

20. AMENDMENT AND MODIFICATION.

         This Agreement may be amended or modified, or any provision hereof may
         be waived, only by a written amendment or waiver executed by Angiometrx
         and Distributor.

21. SURVIVAL.

         All representations, warranties, covenants and agreements set forth in
         this Agreement will survive the execution and delivery of this
         Agreement and the consummation of the transaction contemplated hereby.

22. NO WAIVER.

         Waiver of any default shall not be considered a waiver of any other
         default or of the same default occurring subsequently. No delay or
         failure by any party to exercise any right or remedy shall be a waiver
         of such right or remedy, and no single or partial exercise of any right
         or remedy shall preclude the further exercise thereof, or the exercise
         at any time of any other right or remedy.

23. EXHIBITS.

         The Exhibits, which are attached and made a part hereof, are a part of
         this Agreement as if fully set forth herein. All references herein to
         sections, subsections, clauses and exhibits shall be deemed references
         to such parts of this Agreement, unless the context shall otherwise
         require.

                                       57
<PAGE>

24. THIRD PARTY BENEFICIARY.

         This Agreement is not intended as and shall not be construed to make
         any third party a beneficiary hereof. No creditor of Distributor shall
         have or receive any direct or indirect benefits hereunder and this
         Agreement may be enforced only by the parties hereto.

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

Angiometrx Inc.

                                 By:   /s/   Alexei Marko
                                       -------------------------
                                       Alexei Marko, President

Possis Medical, Inc.

                                 By:   /s/   Robert G. Dutcher
                                       ------------------------------------
                                       Robert G. Dutcher,
                                       Chairman, CEO and President

                                       58Exhibit 10.7

                            MASTER SERVICES AGREEMENT
================================================================================

DATE:                                      MASTER SERVICES AGREEMENT NUMBER   **

THE CUSTOMER AND **. (HEREINAFTER REFERRED TO AS "**") AGREE THAT ** WILL
PERFORM, FOLLOWING RECEIPT OF APPROPRIATE CREDIT APPROVAL FOR THE CUSTOMER,
CERTAIN SERVICES FOR THE CUSTOMER IN ACCORDANCE WITH THIS AGREEMENT AND THE
ATTACHED TERMS AND CONDITIONS.

BILLING INFORMATION
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<S>       <C>
Billing Language: English

Corporate Legal Name MidNet Canada, Inc.      CORPORATE TRADING/OPERATING NAME MidNet Canada, Inc.

Billing Address 1055 West Hastings St., Ste: 300  City Vancouver  Prov/State BC  Postal Code V6E2E9

Billing Phone 604-609-6188        Billing Fax 604-684-6024   Billing E-mail Address  **
</TABLE>

LEGAL CONDITIONS
--------------------------------------------------------------------------------

TERMS AND CONDITIONS                                       Customer Initials   X

ACCEPTABLE USE POLICY (AUP)                                Customer Initials   X

THE ATTACHED TERMS AND CONDITIONS, AND ANY OTHER ATTACHED SCHEDULES ARE DEEMED
TO BE PART OF THIS Customer Initials X AGREEMENT, ARE ENFORCEABLE AND BINDING
BETWEEN ** AND THE CUSTOMER, AND HAVE BEEN READ BY THE CUSTOMER PRIOR TO THE
EXECUTION OF THIS AGREEMENT.

THIS AGREEMENT IS NOT BINDING UNLESS AND UNTIL IT HAS BEEN SIGNED BY AN
AUTHORIZED OFFICER OF EACH PARTY.

SIGNATURES
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<S>     <C>

REPRESENTATIVE (Print)                REPRESENTATIVE PHONE NUMBER    LEGAL NAME
----------------------                ---------------------------    ----------
**                                    **                             MidNet Canada, Inc.

REPRESENTATIVE IDENTIFICATION NUMBER  REPRESENTATIVE SIGNATURE       AUTHORIZED SIGNATORY
------------------------------------  ------------------------       --------------------
**                                    X /s/**                        X /s/ Kassandra Gehry

**AUTHORIZED NAME                     AUTHORIZED SIGNATORY           CUSTOMER AUTHORIZED NAME      AUTHORIZED CUSTOMER PHONE
-----------------                     --------------------           ------------------------      -------------------------
(Print)                                                              (Print)                       NUMBER
**                                    X /s/**                        Kassandra Gehry               **

TITLE                                 DATE                           TITLE                         DATE
-----                                 ----                           -----                         ----
Director of Sales                     June 16, 2004                  Director of Network Strategy  June 16, 2004
</TABLE>

                                   Page 1 of 1

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.
<PAGE>
                             ** TERMS and CONDITIONS

1. Services

a.) "Agreement" refers to the Services Agreement to which to these Terms and
Conditions are attached, these Terms and Conditions, the Acceptable Use Policy,
the Credit Application and all schedule(s) attached to such Service Agreement.
In consideration for the fees payable by the Customer pursuant to this Agreement
(the "Fees"), ** shall perform the services indicated on the attached Services
Agreement (the "Services") at the Customer's location(s) specified in the
Services Agreement, or on any attached schedule (the "Service Sites").

b.) ** shall begin performing the Services, on its own network or otherwise,
upon installation of the Equipment (as defined in Section 2(a)), or as otherwise
agreed to between the parties, and shall continue such performance during the
Term (as defined in Section 6), unless any or all of the Services are earlier
terminated in accordance with this Agreement.

c.) ** may, without penalty (and specifically without the penalty set out in
Section 5 (c) below), suspend the provision of all or any of the Services to the
Customer, for a reasonable length of time, in order to maintain, test or
configure the Services or to perform such other work as ** may determine is
necessary or appropriate. For non-emergency situations, ** will provide
reasonable prior written notice of suspension of services. Such suspension of
services will be done in a reasonable manner so as to minimize the impact to the
Customer's business activity.

d.) The parties agree that the scope of Services to be provided may be amended
from time to lime at the request of or with written authorization of the
Customer, and any such amendment shall be deemed to become an integral part of
this Agreement The Customer acknowledges that changes in the scope of Services
require **'s consent and may result in additional installation Fees and/or
termination charges.

2. ** Equipment

a.) ** may install such of its wiring, cable, circuits, instruments, and other
equipment ("** Equipment") in a Service Site as ** determines necessary or
appropriate to connect the Service Site to allow ** to perform the Services.

b.) The ** Equipment shall be supplied and installed by ** up to the Customer
demarcation point, as determined by **. The Customer acknowledges that the **
Equipment shall be maintained and repaired only by ** or **'s authorized agents.
** may provide additional Services and/or ** Equipment beyond the Customer
demarcation point if requested by the Customer. The Customer acknowledges that
such provision will result in additional Fees, in addition to the Fees specified
in this Agreement.

c.) ** is the owner of the ** Equipment, or has obtained the right to make the
** Equipment available for use by the Customer from a third party. The **
Equipment will at ail times during and after the Term remain the property of **
or such third party, as the case may be, regardless of the manner in which it is
installed in or attached at the Service Sites. The Customer shall be responsible
for any loss, cost, claim or damage resulting to or from the ** Equipment for
any reason whatsoever including, without limitation, a disappearance or theft,
or in connection with its installation, removal, use, maintenance or repair, as
well as any loss and damage resulting from the Customer's use of the Services,
unless such loss or damage is due solely to the negligence or willful misconduct
of **.

d.) Subject to Section 3(b), the Customer shall not, without **'s prior written
consent, make any deletion, addition, correction or other alteration to the **
Equipment, connect any equipment of the Customer or third party to the **
Equipment, or permit access to the ** Equipment by any person not approved by
**.

e.) If any right, title or interest in and to any of ** Equipment is transferred
or will transfer to the Customer and the full purchase price of for Transferred
Equipment (the "Transferred Equipment") is not received by ** on or before the
date of such transfer, in consideration of ** providing such Transferred
Equipment, the Customer hereby creates and grants a purchase money security
interest (or equivalent security interest) to ** in such Transferred Equipment
and all proceeds thereof, equal to the value of the Transferred Equipment and
Services performed in connection with the installation thereof as security for
the prompt and complete payment of all amounts owing to ** by the Customer for
providing such Transferred Equipment.

3. Customer Obligations

a.) The Customer shall permit ** or **'s authorized agents access, to the
Service Sites at all reasonable times during regular business hours or as
otherwise agreed between the parties in order to install, inspect, maintain,
repair, replace or remove or perform such other work as ** may determine is
necessary or appropriate to all or part of the Services and/or ** Equipment. The
Customer shall not place locks or other similar devices on the ** Equipment that
would restrict such access to the Service Sites without providing ** access to
the Service Sites.

b.) The Customer may, at its own expense and with the prior written consent of
**, interconnect its own equipment with the ** Equipment, in accordance with the
standards and procedures for interconnection and installation that are provided
to the Customer by ** from time to time. In such event the Customer shall be
responsible for ensuring that all of its interface equipment is compatible, and
does not interfere, with the ** Equipment and the Services.

c.) The Customer shall provide such space, shelter and electricity at the
Service Sites for the Equipment as **, acting reasonably, determines is
necessary or appropriate including such environmental control systems, lighting
and security provisions and all cable services, wiring, modems switching
equipment and amplifiers which **, acting reasonably, determines is necessary or
appropriate.

d.) The Customer shall not interfere with or damage, or permit any other party
to interfere with or damage, the ** Equipment or other operations of ** or its
customers.

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

                                     Page 1
<PAGE>
e.) The Customer shall not create or permit to exist any liens or encumbrances
on the ** Equipment or unpaid for Transferred Equipment except as approved by **
in writing.

f.) The Customer will at all times use the Services, ** Equipment and the
Transferred Equipment in accordance with **'s Acceptable Use Policy, as amended
from time to time.

g.) The Customer shall not use the Services, the ** Equipment or the Transferred
Equipment in any manner not contemplated under this Agreement, including,
without limitation, resale of such Services, the ** Equipment or the Transferred
Equipment, without the express written consent of **. Any such unauthorized use
shall be considered a material breach of this Agreement The Customer
acknowledges that resellers and sharing groups are required to register with **
and the ** prior to providing service and that the Customer shall be responsible
for such registration.

h.) For Customers who have ordered domain name services, the Customer agrees to
be bound by any and all rules and procedures established by the internet
registration authority issuing the domain name, as amended from time to time,
including any dispute resolution rules.

4. Liability

a.) ** shall not be liable for incidental, consequential, special or indirect
damages arising from or in connection with the breach of any provision of this
Agreement or any attached schedules, whether or not such damages were
foreseeable or ** was advised of the possibility of such damages. The aggregate
liability of ** arising out of or in connection with this Agreement shall not
exceed the Fees paid by Customer to ** hereunder. If requested, the Customer
will provide in favour of ** a waiver of subrogation from Customer's insurer.
The limitation of liability set forth in this section shall not apply to claims
of personal injury or property damage due to the sole negligence or willful
misconduct of ** against whom the claim is made. ** is not liable for any
degradation of service caused by capacity shortages or actions of a third party
supplier involved in providing the Service to the Customer.

b.) In no event shall ** be liable for the use of the ** Equipment, the
Transferred Equipment or the Services by the Customer or any third party for
unlawful or illegal purposes, or any purpose which is contrary to **'s terms of
service which have been filed with the **, or **'s Acceptable Use Policy, as
amended from time to time.

c.) The Customer hereby indemnifies and holds harmless ** and its agents for any
and all losses, damages, costs or expenses (including legal fees) resulting from
any allegation, claim or action by a third party arising out of or relating to
use of the ** Equipment, the transferred Equipment or the Services by the
Customer or any third party, for unlawful or illegal purposes, or any purpose
which is contrary to **'s terms of service which have been filed with the ** or
**'s Acceptable Use Policy, as amended from time to time, or for any breach of
this Agreement by the Customer.

d.) ** makes no representations, warranties, conditions or guarantees as to
merchantability, fitness for particular purposes or any other representations,
warranties, conditions or guarantees regarding the Services, the ** Equipment or
the Transferred Equipment, whether express or implied, in law or In fact, or in
writing, except as expressly stated in this Agreement and the attached Services
Agreement. The Customer acknowledges that it has not relied upon any
representation, warranty, condition or guarantee made by **.

e.) Without limiting the generality of Section 4(d), ** does not represent,
warrant, covenant or guarantee that transmissions initiated by the Customer in
the course of using the ** Equipment, the Transferred Equipment or the Services
cannot and will not be received or intercepted by persons other than the
intended recipients.

5. Fees

a.) The Fees spooned in the Services Agreement, including any security deposit,
shall be paid by the Customer to ** in accordance with Section 5(d) herein in
full without any right of set-off or deduction. The Customer shall pay ** any
applicable sales, use, goods and services, value added or similar taxes payable
with respect to the Fees, or otherwise arising with respect to this Agreement.

b.) Notwithstanding any other provisions herein, ** reserves the right to adjust
domestic and US long distance rates to reflect changes in international tariffs,
regulatory requirements, taxes, levies and other third party charges.
International rates are subject to change.

c.) Subject to Section 1(c), when a service interruption occurs for a period of
at least four (4) hours in any twenty-four (24) hour period after **'s receipt
of written notice from the Customer (which notice is to be given to **'s
technical support desk immediately et the time the service interruption occurs),
the Customer shall be credited with an allowance equal to one thirtieth (1/30)
of the monthly Fee for that particular month applicable to the Service which is
rendered useless or substantially impaired, per day of the service interruption.
Such allowance will be applied against the Customer's next monthly Fee. A
service interruption means a failure by ** to provide the Services (or any
particular Service) substantially in accordance with service specifications (set
by ** from time to time) for reasons other than:

i.) capacity shortages not caused by **;
ii.) the failure or non-performance of any service, equipment or facilities
provided by anyone other than **;
iii.) any act or omission by the Customer including, without limitation,
interruptions required to correct interference to a Service caused by equipment
of the Customer or a third party connected to or used in conjunction with the
Service;
iv.) any unlawful, illegal or improper use of the Equipment or any Service;
v.) any reasonable period during which ** interrupts the performance of the
Services in order to perform tests, maintenance or adjustments to the Service
facilities or the Equipment or such other work as ** may determine, acting
reasonably, is necessary or appropriate;
vi.) the occurrence of an event of Force Majeure (as defined in Section 9);

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

                                     Page 2
<PAGE>
vii.) interruptions due to power fluctuations or power failure at the Service
Sites; or
viii.) access cannot be gained to the Service Sites by **.

d.) ** will invoice the Customer for all installation Fees (and all applicable
taxes) forthwith following installation. ** will invoice the Customer the
monthly Fees (and any applicable taxes) on a monthly basis. The Customer shall
pay to ** all invoices by the payment due date printed on the invoice. A late
payment charge of 1.5% per month may be applied to any invoice for which payment
has not been received by ** by the payment due date printed on the invoice. In
the event that a particular Service is commenced on a day other than the first
day of a calendar month or terminates on a day other than the 1ast day of a
calendar month, the Fee in respect of such Service shall be pro-rated based on a
that (30) day month,

e.) Where payments have been made for charges that should not have been billed,
or that were over billed, the Customer will be credited with the overpayment
back to date of the error up to a maximum of one year from the date the error
was identified. If the Customer does not dispute the charge within one year of
the date of a statement, the right to have the excess credited for the period
prior to such statement is lost.

f) The Customer is not responsible for paying previously unbilled or underbilled
charges except where the charge is correctly billed within a period of one year
from the date it was incurred.

g.) As security for the prompt and complete payment of all amounts due under
this Agreement, including in respect of any minimum commitment by the Customer,
the Customer hereby creates and grants to ** a security interest in all of the
Customer's right, title and interest in and to all presently owned or held end
after acquired or held personal property, assets and undertaking of the Customer
and all proceeds thereof.

6. Termination and Termination Charges

a.) This Agreement shall become effective on the date upon which this Agreement
is executed by **. The term of Services ("Term") shall commence on the date the
Service is installed and shell continue in full force and effect until the
earlier of:
i.) the expiry of the Term specified in the Services Agreement; or
ii) the termination of the Agreement in accordance with this section.

b.) Upon the expiry of the initial Term, this Agreement will be automatically
renewed unless either party gives 30 days notice of termination prior to the end
of the current term for successive one (1) year terms subject to termination
pursuant to Section 6(d) or (e), or, subject to **'s approval, the Customer
signing a new Agreement for the Services.

c.) Customers being provided Services on a month-to-month Agreement may
terminate the Services at any time, subject to a 30-day minimum billing on 30
days written notice. For local access voice Services where the term is one year
or longer for local access services, the Customer may terminate up to 25% of the
original quantity of local access Services contracted for without penalty. If
the number of local access lines in service fall below 75% of the original
contracted quantity, termination Fees equal to 60% of the remaining charges for
such removed services will be applied, based on the remaining portion of the
Term.

d.) ** may terminate any Service under this Agreement, at **'s discretion,
immediately, without further obligation to the Customer in the event of:

i.) any failure by the Customer to pay any Fees, make payments for Transferred
Equipment, or other amounts when due hereunder or any breach of this Agreement
by the Customer which cannot be resolved or is not resolved to **'s satisfaction
within fifteen (15) days of ** notifying the Customer of such breach;
ii.) any merger, consolidation or similar transaction or acquisition or sale,
lease or other transfer of all or substantially all of the assets or voting
shares of the Customer, or any other change in the control or ownership of the
Customer in respect of which written notification has not been provided to **;
iii.) the Customer making or being deemed to have made a general assignment for
the benefit of creditors under the Bankruptcy and Insolvency Act (the "Act"), or
if a petition is filed against it under the Act, or if it shall be declared or
adjudicated bankrupt, or if an application is made in respect of it under the
Companies Creditors Arrangement Act, or if a liquidator, trustee in bankruptcy
or receiver institute proceedings against the Customer to be adjudged bankrupt
or insolvent or consents to the institution of such appointment or proceedings,
or if it admits in writing an inability to pay debts generally as they become
due or becomes an "insolvent person" as that term is defined in the Act;
iv.) use of the Services and/or Equipment for any illegal or unlawful purposes
or any purposes which is contrary to **'s terms of services filed with the ** or
**'s Acceptable Use Policy, as amended from time to time; or
v.) ** being required by law to cease providing Services.

e.) The Customer may terminate this Agreement immediately, without further
obligation to **, other than the obligation to pay amounts owing for Services
provided to the date of such termination, under the following conditions:
i.) by paying immediately to ** 60% of the remaining value of aggregate monthly
Fees under this Agreement;
ii.) by entering into a new Agreement for Services for a term and quantity equal
to or greater than the original Agreement;
iii.) any other breach of this Agreement by ** which cannot be resolved or is
not resolved within thirty (30) days of the Customer notifying ** of such
breach;
iv.) in the event of more than four (4) service interruptions described in
Section 5(c) in any thirty (30) day period for which the Customer has registered
a trouble ticket with **'s technical support desk and for which **'s technical
support desk has closed the trouble ticket; or
v.) pursuant to the provisions of Section 9.

f.) Upon termination:
i.) ** may immediately remove any ** Equipment or unpaid for Transferred
Equipment from the Service Sites and the Customer shall permit ** and its agents
access to the Service Sites for such purpose;
ii.) the Customer shall pay ** any and all amounts owed by Customer to **
pursuant to this Agreement and all costs (including reasonable legal fees)

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

                                     Page 3
<PAGE>
incurred by ** in attempting to protect **'s rights or remedies, or to cause the
Customer's compliance with its obligations pursuant to this Agreement; and
iii.) in the case of termination by ** in accordance with Section 6(d), other
than 6(d)(v) (unless as a result of the Customer's actions), the Customer shall
pay ** all Fee obligations for the remaining portion of the Term. In the case of
the termination 0;' long distance or toll free Services, the Customer shall pay
to **, in a single payment, an amount based on an average of the Customer's
monthly long distance monthly billing multiplied by the number of months
remaining in term of the Agreement.

g.) For Services provided by ** using DSL technology, the customer understands
that the signature of this Services Agreement does not guarantee availability of
the service since availability can only be determined during the provisioning
process. If ** cannot render the service, ** may at its sole discretion either
provide another equivalent solution to the Customer or terminate the Service at
no charge to the Customer.

7. Assignment

The Customer may not assign any rights or obligations under this Agreement to
any third party without the express written consent of **, which consent shall
not be unreasonably withheld.

8. Confidentiality

During and after the Term, each party (the "Receiving Party") shall maintain
strictly confidential all information, financial, technical, or otherwise,
disclosed by the other party (including the terms of this Agreement) and shall
not copy or use any such information except as contemplated by this Agreement.
The foregoing shall not apply to information which is or becomes publicly known
otherwise than by reason of .a breach of this Agreement by the Receiving Party
or has been independently developed outside the scope of this Agreement. Where
the Receiving Party is required by law to disclosure confidential information,
it shall use its best efforts to minimize the extent of disclosure of the
confidential information and to obtain an undertaking from the recipient to
maintain the confidentiality thereof. Notwithstanding the foregoing, ** may
disclose the Customer's confidential information to **'s agents, provided that
such agents agree to be bound by confidentiality provisions equivalent to this
section.

9. Force Majeure

a.) If at any time during the Term, ** is unable to provide any or all of the
Services by reason of the occurrence of an event of Force Majeure (defined in
Section 9(b)), ** will be excused from the performance 01 its obligations
hereunder, during the continuance of such inability, provided that ** provides
written notice of the occurrence of the Force Majeure to the Customer within ten
(10) days of its occurrence and takes all reasonable measures to prevent or
remove the Force Majeure. In the event of the occurrence of an event of Force
Majeure, ** may provide the Customer with bridge service, if possible, and the
Customer may, at its option, terminate the Agreement with written notice if **
cannot resume provision of the Services within sixty (60) days of the occurrence
of the event of Force Majeure.

b.) "Force Majeure" means a fire, rain, flood, epidemic, earthquake, snowstorm,
ice buildup, quarantine, embargo, or other act of God; explosion, damage or
destruction of equipment or facilities; strike, lockout or other dispute with
workers; riots, civil disputes, war (whether declared or undeclared) or armed
conflict; any municipal ordinance or provincial or federal law, governmental
order of regulation or order of any court or regulatory body; the inability to
obtain, or any delay in obtaining, local access for any reason whatsoever, fraud
control by ** which renders continued provision of a Service or the Services
under the Agreement impossible, impracticable or illegal.

10. General

a.) Any notice, request, demand, consent or other communication provided or
permitted hereunder shall be in writing and given by personal delivery, or sent
by registered mall, postage prepaid, or transmitted by facsimile or other form
of recorded communication tested prior to transmission, addressed to the party
for which it is intended at its address set out on the Services Agreement;
provided, however, that either party may change its address for notice by giving
five (5) days prior written notice of such change to the other party in the
manner prescribed above. Any notice so given shall be deemed to have been
received on the dale on which it was delivered or transmitted by facsimile or
other form of recorded communication.

b.) This Agreement will be govemed by and construed in accordance with the law
of the **. The parties hereby attorn to the exclusive jurisdiction of the courts
of the **.

c.) If you are an individual, (including individuals carrying on business alone
or in partnership with other individuals), you consent to the collection, use
and disclosure by ** of personal and business information (including any
information obtained from others with your consent) concerning you submitted to
us ("Information"). You certify all Information to be true and complete. ** may
use the Information to establish and serve you as our customer, to determine
whether other ** services are suitable for you and offer them to you or when
required or permitted by law. We may also obtain Information from parties
outside **, including through a credit check, and verify Information with them.
You authorize those parties to give us the Information. We may disclose
Information to other parties and credit bureaus to establish your credit history
and support the credit process. You may obtain our Privacy Code, or review your
options for refusing or withdrawing this consent, by calling **'s or by visiting
our web site at **.

d.) This Agreement is subject to all of the terms and conditions of **'s terms
and service which have been filed with the **, as amended from time to time. The
most up-to-date versions of the documents are available by calling **'s.

e.) If any section, provision or part of this Agreement is held to be
unenforceable, invalid or illegal, then it shall be severed and deemed to be
deleted and the remaining provisions shall remain valid and binding.

f.) No waiver of any of the provisions of this Agreement shall be deemed, or
shall constitute, a waiver of any provision, whether or not similar, nor shall
any waiver constitute a continuing waiver.

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

                                     Page 4
<PAGE>
g.) Time is of the essence of this Agreement

The parties hereto confirm that it is their wish that this Agreement, as well as
any other documents relating hereto, including all notices, have been and shall
be drawn up in the English language only. Les parties ont expressement exige que
cet accord et ces documents soient rediges en langue anglaise seulement.

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

                                     Page 5
<PAGE>
                                    ** ("**")
                          ACCEPTABLE USE POLICY ("AUP")

**'s goal is to provide high quality service to our customers while protecting
their privacy and security. We have established our AUP to prevent unacceptable
uses of our services and equipment and to ensure that we are able to provide the
level and quality of services our customers expect.

The AUP applies to all customers of **.

"Customer" includes any organization, individual, company, or other entity and
their agent or affiliate, to which ** (directly or indirectly) provides services
("**").

"**" includes any ** facilities, any equipment on **'s side of the demarcation
point or point of service, any equipment owned or provided by **, any services
provided by or arranged by ** and any service which is the subject of an
agreement between ** and the Customer, regardless of whether or not the user of
** has a contract with **.

PROHIBITED USES

The following uses are prohibited under this AUP. The descriptions are
guidelines and are not meant to be exhaustive.

*    Illegal/Criminal Activity
** must not be used in creating, facilitating, or attempting, the intentional or
unintentional criminal or civil violation of federal, provincial or other
applicable law or regulation.

Violations include:

*    infringing copyrights, trademarks, trade secrets, patents or other types of
     intellectual property;
*    posting any content that threatens, advocates, promotes or otherwise
     encourages violence or which provides instruction, information or
     assistance in causing or carrying out such violence;
*    transmitting offensive materials including obscene, pornographic, indecent,
     hateful, defamatory or otherwise objectionable material;
*    violating personal privacy.
*    Security and Integrity Violations

** must not be used in creating, facilitating, or attempting (successfully or
unsuccessfully) the violation of the security or integrity' of a network,
service or other system of ** or others.

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

                                     Page 1
<PAGE>
Violations include:

*    circumventing user authentication or security of any host, network or
     account ("cracking" or "hacking");
*    interfering with service to any user, host, network ("denial of service
     attacks");
*    falsifying addressing information including modifying header information of
     any TCP/IP packet or email or newsgroup posting for the purpose of
     concealing the sender's or recipient's identity or any other illegitimate
     purpose. This provision is not intended to disallow the use of aliases or
     anonymous remailers for any legitimate purpose;
*    using ** to violate the acceptable use policies or service agreements of
     others.

** may investigate incidents involving such violations and may involve and will
co-operate with law enforcement if a criminal violation is suspected.

*    Spamming, etc.

** must not be used in sending a message (including fax and voice traffic) to
any person who does not wish to receive it or with the effect of preventing fair
and proportionate use of ** by others, or in spamming, whether or not the
quantity or quality of messages disrupts the facilities of ** or others.

Violations include:

*    sending unsolicited bulk messages (commercial advertising, unsolicited
     commercial messages, political tracts, announcements, etc.);
*    sending messages with charity requests, petitions for signature, chain mail
     or financial scam related requests;
*    posting a single message, or similar messages, to large numbers of
     newsgroups (excessive cross-posting or multiple posting, also known as
     "USENET spam");
*    spamming indirectly through the use of other service providers or
     transmitting email or content through other service providers in a way
     which indicates in any way that ** was involved in the transmission of such
     email or content;
*    operating an unsecured email relay;
*    posting binary files to non-binary newsgroups;
*    attempting to evade filters of spamming;
*    violating accepted norms of the Internet community, whether or not
     expressly mentioned in this AUP.

**'S RIGHTS
** reserves the right to prohibit activities that violate this AUP or may damage
its reputation.

** will generally not monitor private electronic mail messages sent or received
by its Customers but may conduct reasonable investigation of a Customer and its
equipment (i) if required by law or (ii) upon reasonable suspicion of a
violation of this AUP to determine if there has been a violation or (iii) when
public safety may require it. ** may at all times monitor its performance of **
electronically to determine if its facilities are operating satisfactorily.

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

                                     Page 2
<PAGE>
** may disclose Customer information or information transmitted by means of its
facilities (i) to comply with legal requirements or (ii) where necessary to
protect ** and others from harm or (iii) where such disclosure is necessary to
the proper operation of **'s facilities. ** is not obliging itself to Customer
to inform the Customer that Customer's information has been disclosed or will be
disclosed and in some cases may be prohibited by law from so informing.

The Customer acknowledges that ** is unable to exercise control over the content
of information passing through its facilities or carried as a result of
performing ** and is therefore not responsible for that content.

CONSEQUENCES

Violation of this AUP (direct or indirect, including by a third party) entitles
** to remove immediately the offending material, establish immediate or
temporary filtering, deny access, suspend or terminate **, or take any other
appropriate action, as determined by ** in its sole discretion, in addition to
any remedies provided by any agreement to provide **. ** may give notice of
violations but ** reserves the right to act without notice when necessary, as
determined by ** in its sole discretion. Nothing in this AUP is to be construed
to limit **'s actions or remedies in any way with respect to any of the
foregoing activities, and ** reserves the right to take any additional actions
it may deem appropriate with respect to such activities, including without
limitation, taking action to recover the cost of identifying offenders and
disconnecting them from **, and charging to cover **'s costs in the event of
disconnection of dedicated access or like situation. ** may co-operate with
other service providers to discourage and resist abuses of acceptable use
policies. ** reserves the right to take corrective action upon notification to
** of unacceptable use on other networks. ** may be used to link to other
networks world-wide and you agree to conform to the acceptable use policies of
these networks. You agree, through your operations, not to cause disturbances,
outages or other problems which may affect **'s or any other network or network
based equipment, or which may adversely affect **'s ability to provide services.

INDEMNIFICATION

You will indemnify and hold ** harmless from any claim brought by third parties
relating to Customer's use of **. You must defend and pay all damages and costs
(including legal fees) arising from such claims. You must immediately notify **
of any claim or potential claim, within the Customer's knowledge, involving the
Customer related to **. Failure to do so gives ** the right to defend such
claims at your sole cost.

INCIDENT REPORTING

To report a suspected breach of this AUP, please contact **.

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

                                     Page 3
<PAGE>
REVISIONS TO AUP

** may amend this AUP according to its services agreement(s) with you. Use of **
after due notification according to those services agreement(s), will constitute
your acceptance of the amended AUP.

If you have any questions regarding this AUP, please contact **.

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

                                     Page 4
<PAGE>
                              Schedule of Services
================================================================================
Date: September 10, 2004

Master Services Agreement Number: **

Schedule Number: **                               **

Corporate Legal Name: MidNet, Inc.

Corporate Trading/Operating Name:  MidNet, Inc.

<TABLE>
<CAPTION>
                                                                  Currency           Rate
Address         No     Qty   Description     Charge    Price Type   Type    Rate     Type      Term
-------         --     ---   -----------     ------    ----------   ----    ----     ----      ----
<S>            <C>    <C>    <C>            <C>        <C>         <C>     <C>       <C>     <C>
**              1      **    **              **        **           USD                        **

                1.2    **    **              **        **                                      **

**              2      **    **              **        **           USD                        **

                2.2    **    **              **        **                                      **

**              3      **    **              **        **           USD                        **

                3.2    **    **              **        **                                      **

**              3      **    **              **        **           USD                        **

                3.2    **    **              **        **                                      **
</TABLE>

Total Monthly Recurring (MRC)         **   US Dollars
Total Non-Recurring (NRC)             **
Note: Client will provide a installation time line to ** by July 15, 2004.
Client may purchase additional private lines between these locations at these
same prices anytime during this contract.

<TABLE>
<CAPTION>
<S>     <C>
SIGNATURES
**                                                                   CUSTOMER

Representative (Print)                Representative Phone Number    Legal Name
----------------------                ---------------------------    ----------
**                                    **                             MidNet, Inc.

Representative Identification Number  Representative Signature       Authorized Signatory
------------------------------------  ------------------------       --------------------
**                                    X /s/ **                       X /s/ Kassandra Gehry

** Authorized Name                    Authorized Signatory           Customer Authorized Name      Authorized Customer Phone
(Print)                                                              (Print)                       Number
------------------                    --------------------           ------------------------      -------------------------
**                                    X/s/ **                        Kassandra Gehry               **

Title                                 Date                           Title                         Date
-----                                 ----                           -----                         ----
Director of Sales                     June 11, 2004                  Director of Network Strategy  June 11, 2004 revised
                                                                                                   September 9, 2004 **
</TABLE>

                                   Page 1 of 1

** The confidential portion has been omitted pursuant to a request for
confidential treatment. The confidential portion has been filed separately with
the Securities and Exchange Commission.

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