Document:

DISCLOSURE SCHEDULE

         This Disclosure Schedule, dated as of October 31, 2005 ( the
"Schedule"), is made and given pursuant to Article III and Article IV of the
Securities Purchase Agreement dated as of October 31, 2005 by and among Intraop
Medical Corporation and the purchasers named therein (the "Agreement"). Any
terms defined in the Agreement shall have the same meaning when used in this
Disclosure Schedule as when used in the Agreement unless the context otherwise
requires.

         Notwithstanding anything to the contrary contained in this Schedule or
in the Agreement, the information and disclosures contained in each section of
this Schedule (including any schedules attached to this Schedule) shall be
deemed to be disclosed and incorporated by reference in each of the sections of
this Schedule as though fully set forth in such other sections (whether or not
specific cross-references are made) where it is reasonably apparent on the face
of the disclosure (without regard to the contents of any document referred to in
such disclosure and the contents of which are not expressly described or facts
and circumstances not expressly described or implied in such disclosure) that it
is applicable to such other sections, and shall be deemed to qualify and limit
all representations, warranties and covenants of the Company contained in the
Agreement.

Section 3.1(a)(b)

The Company's subsidiaries are:

     1.   Intraop Medical Services, Inc., a Delaware corporation, a wholly owned
          subsidiary. The company is in good standing in Delaware, but is not in
          good standing in California due to failure to pay California franchise
          taxes. The Company is the sole stockholder.

     2.   IMS Louisville, LLC a Delaware limited liability corporation, of which
          the Company is the sole member and manager. IMS Louisville is inactive
          in Delaware, pending dissolution.

Section 3.1(g)

1. The capitalization of the Company consists of 100,000,000 shares of
authorized common stock, $0.001 par value, of which 20,126,135 shares are
outstanding. Included in the outstanding shares are 1,600,000 shares issued as
collateral for the 10% senior secured debentures issued on August 31, 2005 to
Regenmacher Holdings Ltd. and ABS SOS-Plus Partners Ltd., and 100,000 shares
issued to principals of The Investor Relations Group on August 26, 2005. No
other class of stock is authorized or outstanding.

1/6
<PAGE>

2. The Company has outstanding options exercisable 1,127,500 for shares of the
Company's common stock at prices ranging from $0.10 per share to $1.375 per
share.

3. The Company has outstanding warrants exercisable for 12,641,924 shares of the
Company's common stock at exercise prices ranging from $0.40 per share to $2.50
per share.

4. On August 31, 2005 and October 26, the Company issued to certain investors 7%
convertible debentures in the aggregate principal amount of $3,250,000,
convertible into common stock at an initial conversion price of $0.40 per share.

5. The Company received notices from shareholders representing all 97,000 shares
of common stock who had previously voted against the Merger that they wished to
redeem their shares in accordance with certain dissenter's rights provisions.
The estimated redemption value is $121,250 of which $30,000 has been paid.

Section 3.1(i)(ii)

On August 22, 2005 and August 26, 2005 and October 14, 2005, the Company became
obligated under notes in the principal amount of $237,500 from Donald A. Goer,
its CEO and Chairman. The notes are unsecured and bear interest at 9% per annum
and are to be repaid when the finances of the Company permit and have not been
disclosed in filings with the SEC. Original principal of $50,000 of these notes
remain outstanding.

Section 3.1(n)

1. All of the assets of the Company are subject to a lien and security interest
which secures the 10% senior secured debentures issued on August 31, 2005.

2. Pursuant to a Factoring Agreement dated February 24, 2005 ("Factoring
Agreement") in the principal amount of $1,060,000, the Company has pledged its
right, title and interest in its Mobetron S/N 13 and all contracts or proceeds
related to the unit, including its contemplated contract for sale of the unit to
the University of Heidleburg, to E.U. Capital Venture, Inc., a Nevada
corporation ("EU Venture").

3. In October 2004, the Company entered into an inventory repurchase agreement
with a EU Venture (the "First EU Repurchase Agreement"). Under the terms of the
agreement, EU Venture placed an order for Mobetron S/N 15 (the "Financed
Mobetron") with CDS Engineering LLC ("CDS") and gave a deposit to CDS of
$525,000 towards the purchase of that Mobetron. In January 2005, the Company
entered into an inventory repurchase agreement with EU Venture (the "Second EU
Repurchase Agreement"). Under the terms of the agreement, the EU Venture placed
an order for Mobetron S/N 14 (the "Second Financed Mobetron") with CDS and gave
a deposit to CDS of $540,000 towards the purchase of that Mobetron. In April
2005, the Company entered into an inventory repurchase agreement with EU Venture
(the "Third EU Repurchase Agreement"). Under the terms of the agreement, the EU
Venture placed an order for a Mobetron S/N 15 (the "Third Financed Mobetron")
with the Company and gave a deposit to the Company of $562,000 towards the
purchase of that Mobetron. The Financed Mobetron, the Second Financed Mobetron
and the Third Financed Mobetron are subject to a lien by EU Venture.

2/6
<PAGE>

4. On August 16, 2005, the Company entered in to an Inventory/Factoring
Agreement with E.U.C. Holding and EU Venture (the "EU Line"). The Company
anticipates that inventory and contracts currently financed under the Factoring
Agreement, the First EU Repurchase Agreement, the Second EU Repurchase Agreement
and the Third EU Repurchase Agreement will be refinanced under the EU Line and
be subject to liens under EU Line.

Section 3.1(p)

The Company's directors and officer's insurance coverage in the amount of
$3,000,000 is less than the anticipated Subscription Amount.

Section 3.1(q)

The Company has entered into certain loan agreements with its officers and
directors as described in Section 3.1(i)(ii) above.

Section 3.1(r)

The Company is in material compliance with the disclosure controls and
procedures provisions of the Sarbanes-Oxley Act of 2002. The internal accounting
controls provisions of the Sarbanes-Oxley Act of 2002 are not yet applicable to
the Company and the Company may not be in material with all of such provisions.
However, the Company is working to insure that it is in compliance with such
provisions when they become applicable to the Company.

Section 3.1(s)

The Company has entered into Placement Agency Agreement dated May 17, 2005
("Agency Agreement") with Stonegate under which the consummation of the
transactions contemplated by the Transaction Documents are subject to certain
fees and other compensation being paid to Stonegate.

Specifically, Stonegate is entitled under the agreement to receive, at closing
of the contemplated transactions:(i) proceeds equal 7% of the Subscription
Amount (the "Fee Amount"), (ii) a number of warrants equal to the Fee Amount
divided by initial Conversion Price and which warrant shall be substantially
similar in the form of Exhibit 3.1(s) and (iii) reimbursement of reasonable
out-of-pocket expenses of Stonegate up to an aggregate maximum of $20,000.

3/6
<PAGE>

Section 3.1(v)

The Company has granted registration rights to the investors who purchased the
7% convertible debentures and the 10% senior secured debentures on August 31,
2005 and October 26, 2005.

Section 3.1(y)

The Company has disclosed to Alpha Capital AG and Crestview Capital Master, LLC
information that constitutes or might constitute material, nonpublic information
pursuant to nondisclosure agreements executed by such Purchasers, including but
not limited to, detailed sales and manufacturing projections and forecasts,
detailed financial projections, lists of holders and their holdings of the
Company's stock, warrants, options, and debt and accounts payable, and
agreements pursuant to those holdings.

Section 3.1(aa)

Except as disclosed in Section 3.1(h) above, the SEC Reports set forth all
outstanding secured and unsecured Indebtedness of the Company or any Subsidiary,
or for which the Company or any Subsidiary has commitments.

Section 3.1(ee)

The Company's  certified  public  accountants at the time of the issuance of the
10-KSB for the year ended  December 31, 2004 were Madsen and  Associates  CPA's,
Inc. Subsequent to the Merger, the Company retained Stonefield Josephson,  Inc.,
as its  accountants.  Stonefield  Josephson,  Inc.  resigned  as  the  Company's
certified public accountants on September 12, 2005.

Section 3.1(ff)

The 10% senior secured debentures issued on August 31, 2005 to Regenmacher
Holdings and ABS SOS-Plus Partners Ltd. and certain inventory financing will be
senior to the Debentures upon liquidation or dissolution.

Section 3.1(gg)

As of June 30, 2005 the Company has outstanding invoice from DLA Piper Rudnick
Gray Cary US LLP ("Gray Cary") totaling approximately $446,781 for legal
services. The Company has asked Gray Cary to adjust its billings to the Company
due to certain disagreements over the invoiced amounts.

4/6
<PAGE>

Schedule 4.9

A.   The following Indebtedness will remain outstanding following the close:
     1.   The 7%  convertible  debentures  issued on August 31, 2005 and October
          26, 2005.
     2.   The 10% senior secured debentures issued on August 31, 2005.
     3.   To  the  extent  not  refinanced   under  the  EU  Line:   outstanding
          indebtedness  under the Factoring  Agreement,  the First EU Repurchase
          Agreement,  the  Second  EU  Repurchase  Agreement  and the  Third  EU
          Repurchase Agreement.
     4.   Indebtedness under the EU Line.
     5.   Promissory notes shown on Exhibit 4.9(a).

B.   The  Indebtedness  shown  on  Exhibit  4.9(b)  and  4.9(c)  will be  repaid
     contemporaneous with or immediately following the Closing.

C.   The  remainder  of any  proceeds  from  the  Closing  may be  used  for any
     legitimate  corporate  purpose  including the  satisfaction  of outstanding
     trade payables.

5/6
<PAGE>

<TABLE>
<CAPTION>
              Exhibit 4.9(a) -- Remain Outstanding Following Close
                    Individual Related Party Promissory Notes

                                                                           Interest Calculation Dates
                                                                            Calc Date      10/28/05
                                                                            Last Paid      12/31/01

                                                              Deposit      Int. Owed
Name                           Amount   Int. Rate  Note Date        Date         From       Int Due       Total Out.
----------------------- -------------- ----------- ---------- ----------- ------------ ------------- ----------------
<S>                        <C>              <C>      <C>  <C>    <C>  <C>     <C>  <C>    <C>             <C>
Donald A. Goer             642,754.60       9.00%    9/30/04     9/30/04      9/30/04     64,732.46       707,487.06
Mary Louise Meurk          164,670.75       9.00%    9/30/04     9/30/04      9/30/04     16,584.16       181,254.91
Donald A. Goer              25,000.00       9.00%     6/9/05      6/9/05       6/9/05        877.66        25,877.66
Mary Louise Meurk           10,000.00       9.00%    7/21/05     7/21/05      7/21/05        245.80        10,245.80
Donald A. Goer              25,000.00       9.00%    7/22/05     7/22/05      7/22/05        608.34        25,608.34
John Matheu                  5,000.00       9.00%    7/28/05     7/28/05      7/28/05        114.27         5,114.27
Ted Phillips                 5,000.00       9.00%     8/1/05      8/1/05       8/1/05        108.77         5,108.77
Donald A. Goer              60,000.00       9.00%     8/1/05      8/1/05       8/1/05      1,305.29        61,305.29
----------------------- -------------- ----------- ---------- ----------- ------------ ------------- ----------------
Total                      937,425.35                                                     84,576.76     1,022,002.11
======================= ============== =========== ========== =========== ============ ============= ================
</TABLE>

6/6
<PAGE>

<TABLE>
<CAPTION>
                      Exhibit 4.9(b) -- Repay from Proceeds
                    Individual Related Party Promissory Notes

                                                                              Interest Calculation Dates
                                                                               Calc Date      10/28/05
                                                                               Last Paid      12/31/01

                                                                    Deposit   Int. Owed
Name                           Amount   Int. Rate    Note Date         Date         From       Int Due   Total Out.
---------------------- --------------- ----------- ------------ ------------ ------------ ------------- ------------
<S>                         <C>             <C>       <C>   <C>    <C>   <C>    <C>   <C>       <C>       <C>
Donald A. Goer              50,000.00       9.00%     10/14/05     10/14/05     10/14/05        172.60    50,172.60

---------------------- --------------- ----------- ------------ ------------ ------------ ------------- ------------
Total                       50,000.00                                                           172.60    50,172.60
====================== =============== =========== ============ ============ ============ ============= ============
</TABLE>

7/6
<PAGE>

<TABLE>
<CAPTION>
                  Exhibit 4.9(c) -- Repay from Subsequent Close
                     Individual Third Party Promissory Notes

                                                                             Interest Calculation Dates
                                                                              Calc Date       10/28/05
                                                                              Last Paid       12/31/01

                                                                   Deposit   Int. Owed
Name                         Amount    Int. Rate    Note Date         Date         From        Int Due   Total Out.
-------------------- --------------- ------------ ------------ ------------ ------------ -------------- ------------
<S>                       <C>              <C>        <C>  <C>     <C>  <C>    <C>   <C>     <C>          <C>
Jerome Vaeth              50,000.00        9.00%      9/30/95      9/30/95     12/31/01      20,332.08    70,332.08

-------------------- --------------- ------------ ------------ ------------ ------------ -------------- ------------
Total                     50,000.00                                                          20,332.08    70,332.08
==================== =============== ============ ============ ============ ============ ============== ============
</TABLE>

8/6
<PAGE>

                 SCHEDULE 6(b) to REGISTRATION RIGHTS AGREEMENT

         This Schedule 6(b), dated as of October 31, 2005 ( the "Schedule"), is
made and given pursuant to Article 6(b) of the Registration Rights Agreement
dated as of October 31, 2005 by and among Intraop Medical Corporation and the
purchasers named therein (the "Agreement"). Any terms defined in the Agreement
shall have the same meaning when used in this Disclosure Schedule as when used
in the Agreement unless the context otherwise requires.

         In addition to the Registrable Securities, the Company's Initial
Registration will include:

1. Shares issuable upon conversion of the 7% convertible debentures issued on
August 31, 2005 and October 26, 2005.

2. All of the Company's outstanding common stock except 345,000 shares issued to
Summit Financial Partners, L.L.C or its employees or affiliates pursuant to the
close of the Company's merger on March 9, 2005.

3. Holders of outstanding warrants exercisable for 12,641,924 shares of the
Company's common stock.

4. Holders of outstanding options exercisable 1,127,500 for shares of the
Company's common stock.

5. Warrants for shares of the Company's common stock which may be granted in
relation to this close or a subsequent close to Stonegate Securities, Inc., a
Texas corporation ("Stonegate") as the holder of in relation to a Placement
Agreement between Stonegate and the Company dated May 17, 2005.

2/2MARJAN MINING

                             JOINT VENTURE AGREEMENT

     Joint  Venture  Agreement  dated as of October 28, 2005 (this  "Agreement")
among  Caucasus  Resources Pty Ltd, an Australian  Company  ("CR");  Global Gold
Mining, LLC, a Delaware, USA limited liability company ("GGM"); and SHA, LLC, an
Armenian limited liability company, which is a subsidiary of GGM ("SHA").

                                    RECITALS

     SHA is the licensee of the Marjan Mine property in Armenia ( "Marjan").

     The parties desire to develop Marjan through a joint venture and for SHA to
transfer  its  license  and any other  rights in Marjan to an  American  limited
liability company owned jointly by CR and GGM.

                                    AGREEMENT

     NOW THEREFORE, the parties hereto hereby agree as follows:

     1.   LLC Formation.

          CR and GGM shall establish a joint venture limited  liability  company
     (the "JV  LLC")  under  the laws of the  State of  Delaware,  USA,  with an
     operating  agreement  (the "LLC  Agreement"),  which CR and GGM are signing
     concurrently herewith, and a copy of which is attached hereto.

     2.   LLC Ownership, Funding.

          (a) The  respective  percentage  interests of CR and GGM as members of
     the JV LLC shall be as follows:

               (i)  Initially  CR shall have a 40% interest and GGM shall have a
          60%  interest  in the JV LLC.  CR shall be  responsible  for all other
          payments of the purchase price and for all  exploration,  development,
          capital,  operating and other  expenses  (subject to clause (b) below)
          without further  obligation of GGM to contribute funds to maintain its
          interest.  Each party shall  nevertheless  pay its own customary staff
          and out-of-pocket expenses.

<PAGE>

               (ii) CR's  percentage  interest  shall  increase to 51% and GGM's
          percentage  interest shall decrease to 49% upon CR's spending $500,000
          (U.S),  pursuant to a mutually  agreed upon  budget,  for  exploration
          relating to Marjan within two years from the date hereof.

               (iii) CR's  percentage  interest in the JV LLC shall  increase to
          80% and GGM's  percentage  interest  shall  decrease  to 20% upon CR's
          successfully bringing Marjan into production.

               (iv) CR's  percentage  interest  shall  decrease to 40% and GGM's
          percentage  interest shall increase to 60%, unless within 4 years from
          the date hereof,  CR shall bring Marjan into successful  production or
          CR and GGM shall have  agreed to a  commercially  reasonable  business
          plan for bringing Marjan into production.

          (b) Following commencement of production of Marjan, both parties shall
     contribute to the JV LLC's production expenditures on a pro rata basis.

          (c) The terms of the present joint venture shall likewise apply to the
     acquisition  and development of mining  resources  within Armenia which are
     within 20 kilometers of Marjan and are in Armenia.  Paragraph 3 "Subsequent
     Projects"  in the  Agreement  dated  August  15,  2005  between  CR and GGM
     relating  primarily to the  Lichkvadz-Tei  and  Terterasar  mines shall not
     apply to the present joint venture or the activities  contemplated  in this
     agreement.

     3.   Transfer of Mine.

          For full and adequate  consideration,  the receipt of which SHA hereby
     acknowledges,  SHA shall transfer its license and other rights in Marjan to
     the JV LLC or its  wholly  owned  Armenian  subsidiary  and  shall  proceed
     promptly and diligently  with all necessary  formalities to consummate such
     transfer.

     4.   Representations, Indemnification.

          (a) CR and GGM  understand  that their  investments  in the JV LLC are
     illiquid,  and involve a high  degree of risk,  and are only  suitable  for
     parties  which can afford to lose their  entire  investment.  They  further
     understand that such  investments have not been registered under the United
     States  Securities Act of 1933 or the  securities  laws of any state of the
     United  States  and  will  be  subject  to  substantial   restrictions   on
     transferability  unless  and  until the  securities  are  registered  or an
     exemption from registration becomes available.

          (b) The parties'  decisions to enter the transactions  contemplated by
     this agreement are based solely on their independent analyses. The parties:
     (A) have been  given the  opportunity  to ask  questions  of,  and  receive
     answers  from one another  concerning  the terms and  conditions  and other
     matters pertaining to their  investments,  and all such questions have been
     answered to the satisfaction of the respective parties; (B) have been given
     the opportunity to obtain such additional  information  necessary to verify
     the  accuracy of the  information  or that has been  otherwise  provided in
     order  for them to  evaluate  the  merits  and  risks  of their  respective
     investments;  and (C) have been given the opportunity to obtain  additional
     information from one another.  The parties have not been furnished with any
     oral  representation  or  warranty  in  connection  with  the  transactions
     contemplated  by this  agreement,  and the  parties are not  entering  this
     transaction  with a  view  to the  sale  or  other  distribution  of  their
     investments.

                                     - 2 -
<PAGE>

          (c) The  parties  unconditionally  agree  to  indemnify  and  hold one
     another and any of their counsel,  advisors and accountants,  harmless from
     any  loss,  liability,  claim,  damage  or  expense,  arising  out  of  the
     inaccuracy  of any  of  their  respective  representations,  warranties  or
     statements or the breach of any of the agreements contained herein.

          (d) The parties affirm that they have full power,  and authority,  and
     their  signatures  establish this agreement as a valid and legally  binding
     document  enforceable as written.  The parties agree,  however, to make any
     necessary  amendments  to bring this  agreement  into  compliance  with any
     applicable Australian, Armenian or United States legal requirements.

     5.   Miscellaneous.

          The provisions of Article 16,  "Miscellaneous,"  of the LLC Agreement,
     including the governing law and arbitration  provisions,  are  incorporated
     herein by reference and made  applicable to this  Agreement and the parties
     hereto.  The  addresses  for notices  between  the  parties  shall be those
     respectively   provided   to  each  other  most   recently  in  writing  or
     electronically.

IN WITNESS  WHEREOF,  the parties  hereto have executed this Agreement as of the
date first above written.

    CAUCASUS RESOURCES PTY LTD          GLOBAL GOLD MINING, LLC

By: ___________________________     By: ___________________________
    Matthew Wood                        Van Krikorian
    Managing Director                   Manager

                                        SHA, LLC

                                    By: ___________________________

                                      - 3 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}]]