Document:

Exhibit 10.14

KURTZ VOTING AGREEMENT

THIS KURTZ VOTING AGREEMENT (this “Agreement”) is made
and entered into as of August 25, 2006 by and among PALIGENT INC., a Delaware
corporation (“Paligent”), INTERNATIONAL FIGHT LEAGUE, INC., a Delaware
corporation (“IFL”) and Richard J. Kurtz, Pamela Kurtz and Jeff Kurtz (each a “Kurtz
Stockholder” and collectively, the “Kurtz Stockholders”).

RECITALS

A.            Concurrently
with the execution of this Agreement, Paligent, IFL Corp., a Delaware
corporation and a wholly owned subsidiary of Paligent (“Merger Sub”), and IFL have
entered into an Agreement and Plan of Merger (the “Merger Agreement”),
providing for the merger of Merger Sub with and into IFL (the “Merger”);

B.            All
capitalized terms not otherwise defined herein shall have the meaning ascribed
to them in the Merger Agreement;

C.            The
Kurtz Stockholders are the beneficial holders of record of the number of shares
of outstanding shares of Paligent Common Stock as is indicated on Schedule I
attached hereto;

D.            In
connection with the Merger, Paligent will acquire the entire equity interest in
IFL and each holder of IFL Common Stock will receive Paligent Common Stock; and

E.             In
consideration of and to induce the execution of the Merger Agreement by Paligent,
Merger Sub and IFL, until the Expiration Date (as defined below), each of the Kurtz
Stockholders, solely in their capacity as a stockholder, agrees not to sell or
otherwise dispose of any shares of Paligent Common Stock held by the Kurtz
Stockholder, and to vote the shares of Paligent Common Stock so as to
facilitate consummation of the Merger and approve certain other actions as more
fully described below.

NOW, THEREFORE, in consideration
of the mutual promises and the mutual covenants contained herein, the parties
agree as follows:

1.             Agreement to Retain Shares of Paligent Common Stock.
Each Kurtz Stockholder, severally and not jointly, agrees not to transfer,
pledge, sell, exchange or offer to transfer or sell or otherwise dispose of or
encumber (“Transfer”) any of the shares of Paligent Common Stock at any time
prior to the Expiration Date, as defined herein, excluding (i) Transfers by
testamentary or intestate succession or otherwise by operation of law, (ii) any
Transfer to a family member or charitable organization provided that the
transferee agrees in writing to be bound by the terms of this Agreement to the
same extent as such Kurtz Stockholder and (iii) any Transfer pursuant to court
order. The “Expiration Date” shall mean the earlier of (i) the date and time on
which the Merger shall become effective in accordance with the terms and
provisions of the Merger Agreement or (ii) the date on which the Merger
Agreement shall be terminated pursuant to the terms therein. Each Kurtz
Stockholder agrees that this Agreement and the obligations hereunder shall
attach to the shares of Paligent Common Stock owned by it and shall be binding
upon any person or entity to whom legal or beneficial ownership of such shares
of Paligent Common Stock 

 

 

shall pass, whether by operation of law or otherwise, including,
without limitation, their respective heirs, guardians, administrators or
successors.

2.             Agreement to Vote Shares of Paligent Common Stock.  At any time prior to the Expiration Date, at
any meeting of the Paligent stockholders called with respect to any of the
following, and at any adjournment thereof, and with respect to any written
consent solicited with respect to any of the following, each Kurtz Stockholder
agrees to vote the shares of Paligent Common Stock: (i) in favor of approval of
the Merger Agreement and the Merger and any matter which would, or could
reasonably be expected to, facilitate the Merger, and (ii) against (A) approval
of any proposal made in opposition to or competition with consummation of the
Merger and the Merger Agreement, (B) any merger, consolidation, sale of assets,
reorganization or recapitalization with any other party, (C) any liquidation,
or winding up of Paligent and (D) any other matter which would, or could
reasonably be expected to, prohibit or discourage the Merger (each of the
foregoing is referred to as an “Opposing Proposal”). In addition to the foregoing,
each Kurtz Stockholder agrees to vote the shares of Paligent Common Stock in
favor of (a) approval of the amendment to Paligent’s Certificate of
Incorporation to effect the Reverse Stock Split, (b) approval of the Stock
Option Plan (c) approval of the amendment to Paligent’s Certificate of
Incorporation to change Paligent’s name to “International Fight League, Inc.”
and (d) the election of the following persons as directors of Paligent:
Salvatore A Bucci, Richard J. Kurtz, Michael Molnar, Kurt Otto and Gareb
Shamus. Each Kurtz Stockholder, as the holder of the shares of Paligent Common
Stock agrees to be present, in person or by proxy, at all meetings of stockholders
of Paligent so that all shares of Paligent Common Stock are counted for the
purposes of determining the presence of a quorum at such meetings. This
Agreement is intended to bind the Kurtz Stockholders in their capacity as a stockholder
only and only with respect to the specific matters set forth herein, and shall
not prohibit any Kurtz Stockholder from acting in accordance with his or her
fiduciary duties as an officer or director of Paligent.

3.             Additional Shares.  For purposes of this Agreement, the term
Paligent Common Stock shall include any shares of Paligent capital stock which any
Kurtz Stockholder purchases or otherwise acquires after the execution of this Agreement
and prior to the termination of this Agreement.

4.             Representations, Warranties and Covenants of Kurtz
Stockholders.  Each Kurtz Stockholder,
severally and not jointly, hereby represents, warrants and covenants to Paligent
and IFL the following:

4.1.          Ownership of Shares of Paligent
Common Stock.  The Kurtz Stockholder
(i) is the holder and beneficial owner of the shares of Paligent Common Stock
set forth opposite such Kurtz Stockholder’s name on Schedule I attached hereto,
which at the date hereof and at all times until the termination of this
Agreement will be free and clear of any liens, claims, options, charges or
other encumbrances, (ii) does not beneficially own any shares of stock of Paligent
other than such shares of Paligent Common Stock and (iii) has full power and
authority to make, enter into, deliver and carry out the terms of this
Agreement and to vote or otherwise direct the voting of such shares of Paligent
Common Stock.

4.2.          Validity; No Conflict.  This Agreement constitutes the legal, valid
and binding obligation of the Kurtz Stockholder, enforceable against the Kurtz
Stockholder in 

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accordance with its terms, except as such
enforceability may be limited by bankruptcy, insolvency, moratorium or other
similar laws affecting or relating to creditors’ rights generally and by
general principles of equity. Neither the execution of this Agreement by the Kurtz
Stockholder nor the consummation of the transactions contemplated hereby will
result in a breach or violation of the terms of any agreement by which the Kurtz
Stockholder is bound or of any decree, judgment, order, law or regulation now
in effect of any court or other governmental body applicable to the Kurtz
Stockholder.

4.3.          No Voting Trusts and Agreements.  Between the date of this Agreement and the
Expiration Date, the Kurtz Stockholder will not, and will not permit any entity
under the Kurtz Stockholder’s control to, deposit any shares of Paligent Common
Stock held by the Kurtz Stockholder or such entity in a voting trust or subject
any shares of Paligent Common Stock held by the Kurtz Stockholder or such
entity to any arrangement or agreement with respect to the voting of such
shares of capital stock, other than agreements entered into with Paligent and IFL,
unless the trustee of such trust agrees in writing to be bound by the terms of
this Agreement.

4.4.          No Proxy Solicitations.  Between the date hereof and the Expiration
Date, the Kurtz Stockholder will not, and will not permit any entity under the Kurtz
Stockholder’s control to (i) solicit proxies or become a participant in a “solicitation”
(as such term is defined in Rule 14a-11 under the Securities Exchange Act of
1934, as amended (the “Exchange Act”)), with respect to an Opposing Proposal or
otherwise encourage or assist any party in taking or planning any action which
would compete with, restrain or otherwise serve to interfere with or inhibit
the timely consummation of the Merger in accordance with the terms of the
Merger Agreement, (ii) initiate a stockholders’ vote or action by written
consent of Paligent stockholders or (iii) become a member of a “group” (as such
term is used in Section 13(d) of the Exchange Act) with respect to any voting
securities of Paligent with respect to an Opposing Proposal.

5.             Representations, Warranties and Covenants of Paligent
and IFL.  Each of Paligent and IFL,
severally and not jointly, hereby represents, warrants and covenants to the Kurtz
Stockholders the following:

5.1.          Due Authorization.  This Agreement has been authorized by all
necessary corporate action on the part of Paligent and IFL, as the case may be,
and has been duly executed by a duly authorized officer of Paligent and IFL, as
the case may be.

5.2.          Validity; No Conflict.  This Agreement constitutes the legal, valid
and binding obligation of Paligent and IFL, as the case may be, enforceable
against them, in accordance with its terms, except as such enforceability may
be limited by bankruptcy, insolvency, moratorium or other similar laws
affecting or relating to creditors’ rights generally and by general principles
of equity. Neither the execution of this Agreement by Paligent or IFL, as the
case may be, nor the consummation of the transactions contemplated hereby will
result in a breach or violation of the terms of any agreement by which Paligent
and IFL, as the case may be, is bound or of any decree, judgment, order, law or
regulation now in effect of any court or other governmental body applicable to Paligent
and IFL, as the case may be.

6.             Additional Documents.  The Kurtz Stockholders, Paligent and IFL hereby
covenant and agree to execute and deliver any additional documents necessary or
desirable, in 

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the reasonable opinion of Paligent or IFL (or their
respective legal counsel) or the Kurtz Stockholders, as the case may be, to
carry out the intent of this Agreement.

7.             Consent and Waiver.  Each Kurtz Stockholder, solely in their
capacity as a Kurtz Stockholder, hereby gives any consent or waivers that are
reasonably required in connection with a meeting of Kurtz Stockholders or
consent in lieu of such meeting in order to approve and consummate the Merger
under the terms of any agreement to which such Kurtz Stockholder is a party or
pursuant to any other rights such Kurtz Stockholder may have.

8.             Miscellaneous.

8.1.          Severability.  If any term, provision, covenant or restriction
of this Agreement is held by a court of competent jurisdiction to be invalid,
void or unenforceable, the remainder of the terms, provisions, covenants and
restrictions of this Agreement shall remain in full force and effect and shall
in no way be affected, impaired or invalidated.

8.2.          Binding Effect and Assignment.  This Agreement and all of the provisions
hereof shall be binding upon and inure to the benefit of the parties hereto and
their respective successors and permitted assigns, but, except as otherwise
specifically provided herein, neither this Agreement nor any of the rights,
interests or obligations of the parties hereto may be assigned by any of the
parties without the prior written consent of the other.

8.3.          Amendments and Modifications.  This Agreement may not be modified, amended,
altered or supplemented except upon the execution and delivery of a written
agreement executed by the parties hereto.

8.4.          Specific Performance; Injunctive
Relief.  The parties hereto
acknowledge that Paligent and IFL will be irreparably harmed and that there
will be no adequate remedy at law for a violation of any of the covenants or
agreements of the Kurtz Stockholders set forth herein. Therefore, it is agreed
that, in addition to any other remedies which may be available to Paligent and IFL
upon such violation, Paligent and IFL shall have the right to enforce such
covenants and agreements by specific performance, injunctive relief or by any
other means available to them at law or in equity.

8.5.          Notices.  All notices, requests, claims, demands and other
communications hereunder shall be delivered in accordance with Section 10.01 of
the Merger Agreement. All notices, requests, claims, demands and other communications
hereunder shall be delivered to a Kurtz Stockholder at the address set forth on
Schedule I attached hereto for such Kurtz Stockholder.

8.6.          Governing Law.  This Agreement shall be governed by, construed
and enforced in accordance with the laws of the State of Delaware without
giving effect to principles of conflicts of law.

8.7.          Entire Agreement.  This Agreement contains the entire understanding
of the parties in respect of the subject matter hereof, and supersedes all
prior negotiations and understandings between the parties with respect to such
subject matter.

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8.8.          Counterparts.  This Agreement may be executed in counterparts,
each of which shall be an original, but all of which together shall constitute
one and the same agreement.

8.9.          Effect of Headings.  The section headings herein are for
convenience only and shall not affect the construction or interpretation of this
Agreement.

8.10.        Termination.  Notwithstanding anything else in this Agreement,
this Agreement, and all obligations of the Kurtz Stockholders hereunder, shall
automatically terminate as of the Expiration Date.

[Signature page
follows]

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

	
  

  	
  PALIGENT INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Salvatore
  A. Bucci

  
	
   

  	
   

  	
  Name: Salvatore
  A. Bucci

  
	
   

  	
   

  	
  Title: President
  and Chief Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
  INTERNATIONAL
  FIGHT LEAGUE, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Gareb
  Shamus

  
	
   

  	
   

  	
  Name: Gareb
  Shamus

  
	
   

  	
   

  	
  Title: Chief
  Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
  STOCKHOLDERS:

  
	
   

  	
   

  	
   

  
	
   

  	
  /s/ Richard J.
  Kurtz

  
	
   

  	
  RICHARD J. KURTZ

  
	
   

  	
   

  	
   

  
	
   

  	
  /s/ Pamela Kurtz

  
	
   

  	
  PAMELA KURTZ

  
	
   

  	
   

  	
   

  
	
   

  	
  /s/ Jeff Kurtz

  
	
   

  	
  JEFF KURTZ

  

 

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  Name of Kurtz
  Stockholder

  	
   

  	
  Address

  	
   

  	
  Number of Shares

  
	
  Richard J. Kurtz

  	
   

  	
  270 Sylvan Avenue

  Englewood Cliffs, NJ 07632

  	
   

  	
  12,304,247

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Pamela Kurtz

  	
   

  	
  270 Sylvan Avenue

  Englewood Cliffs, NJ 07632

  	
   

  	
  616,752

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Jeff Kurtz

  	
   

  	
  270 Sylvan Avenue

  Englewood Cliffs, NJ 07632

  	
   

  	
  775,572

  

 

 7Exhibit
10.15

CONTRIBUTION
AGREEMENT

This CONTRIBUTION AGREEMENT, dated as of August 25,
2006 (this “Contribution Agreement”), is entered into by and between
Richard J. Kurtz (“Kurtz”), and Paligent Inc., a Delaware corporation (“Paligent”).

Background

A.            Concurrently
with the execution of this Agreement, Paligent, IFL Corp., a Delaware
corporation and a wholly-owned subsidiary of Paligent (“Merger Sub”),
and International Fight League, Inc., a Delaware corporation, have entered into
an Agreement and Plan of Merger, providing for the merger of Merger Sub with
and into IFL (the “Merger”);

B.            On
October 8, 2003, Paligent issued a promissory note to Kurtz (the “Promissory
Note”), pursuant to which Paligent, as of the date hereof, is obligated to
repay to Kurtz an amount equal to approximately $808,000, comprising principal
and accrued interest of $745,000 and $63,000, respectively, and pursuant to
which Kurtz may continue to make loans to Paligent prior to the closing.

C.            In
connection with the Merger, Kurtz and Paligent intend to effect a contribution
of a portion of the obligations due under the Note (the “Note Obligations”)
from Kurtz to Paligent upon the terms and subject to the conditions set forth
herein.

Terms

The parties hereto, for good and valuable consideration,
the sufficiency of which is hereby acknowledged, and intending to be legally
bound, hereby agree as follows:

1.             Contribution
of Note Obligations. 
Subject to the terms and conditions set forth herein, effective
immediately following the consummation of the Merger, Kurtz shall transfer to
Paligent a portion of the debt due Kurtz, but no less than $651,000 (the “Minimum
Amount”), in exchange for the number of shares of common stock of Paligent
equal to the amount of Note Obligations contributed divided by the greater of
(x) $.40 and (y) the closing price of a share of common stock of Paligent on
the Over The Counter Bulletin Board on the date which is set as the record date
for purposes of determination of stockholders entitled to vote with respect to
the Merger (the “Shares”).  Within
3 days prior to the Merger, Kurtz shall provide written notice to Paligent of
the amount of Note Obligations that will be contributed hereunder in excess of
the Minimum Amount.

2.             Representations and Warranties
of Kurtz.  Kurtz further
represents and warrants that

(a)           Kurtz
has the power and authority to enter into this Agreement and to perform his
obligations hereunder;

 

(b)           this Agreement has
been duly executed and delivered by Kurtz and constitutes a legal valid and binding
obligation of Kurtz, enforceable against him in accordance with its terms and
conditions.

(c)           Kurtz has been
advised that the Shares have not been registered under the Securities Act of
1933, as amended (the “Securities Act”);

(d)           Kurtz is acquiring
the Shares for his account for investment purposes only; that he has no present
intention of selling or otherwise disposing of the Shares in violation of the
securities laws of the United States;

(e)           Kurtz is an “accredited
investor” as defined by Rule 501 of Regulation D promulgated under the
Securities Act;

(f)            Kurtz is familiar
with the business, management, financial condition and affairs of the Company;

(g)           Kurtz is the sole
beneficial owner of, and has good and marketable title to, the Note and owns
the Note free from all taxes, liens, claims, encumbrances and charges with
respect to the delivery thereof;

(h)           there are no
outstanding rights, options, subscriptions or other agreements or commitments
obligating Kurtz to sell or transfer the Note, and other than pursuant to
applicable securities laws, the Note is not subject to any lock-up or other
contractual restriction on its transfer or on the ability of Buyers to sell or
transfer the Note; and

(i)            when contributed in
accordance with the terms of this Agreement, Paligent will acquire good and
marketable title to that portion of the Note so contributed, free from all
taxes, liens, claims and encumbrances and charges with respect to the delivery
thereof.

3.             Covenants.  The foregoing representations and warranties
shall be true and correct as of the date of the contribution of the Note
Obligations.

4.             Further
Assurances.  From time to
time after the date of this Contribution Agreement, without the payment of any
additional consideration, each party hereto will execute all such instruments
and take all such actions as the other party shall reasonably request in
connection with carrying out and effectuating the intent and purpose hereof and
all of transactions contemplated by this Contribution Agreement.

5.             Assignment.  This Contribution Agreement shall be binding
upon and inure to the benefit of the respective successors and assigns of the
parties hereto.

6.             Governing
Law.  The validity,
performance, construction and effect of this Contribution Agreement shall be
governed by and construed in accordance with the internal laws of the State of
Delaware, without giving effect to principles of conflicts of law.

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7.             Headings.  The headings in this Contribution Agreement
are for convenience of reference only and shall not constitute a part of this
Contribution Agreement, nor shall they affect their meaning, construction or
effect.

8.             Counterparts.  This Contribution Agreement may be executed
in two or more counterparts and by the parties hereto in separate counterparts,
each of which when so executed shall be deemed to be an original, and all of
which taken together shall constitute one and the same instrument.

[Signatures
appear on the following page]

 3

 

 

IN WITNESS WHEREOF, the
parties hereto have caused this duly approved Contribution Agreement to be
executed as of the date first written above.

	
  

  	
  /s/ Richard J. Kurtz

  
	
   

  	
  Richard J. Kurtz

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  PALIGENT INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
   

  	
  /s/ Salvatore A. Bucci

  
	
   

  	
   

  	
   

  	
  Name: Salvatore A. Bucci

  
	
   

  	
   

  	
   

  	
  Title:   President
  and Chief Executive Officer

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