Document:

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED
STATES SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED,
ASSIGNED, PLEDGED, OR HYPOTHECATED ABSENT AN EFFECTIVE REGISTRATION THEREOF
UNDER SUCH ACT OR COMPLIANCE WITH RULE 144 PROMULGATED UNDER SUCH ACT, OR UNLESS
THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL, IN FORM AND SUBSTANCE REASONABLY
SATISFACTORY TO THE COMPANY AND ITS COUNSEL AND FROM ATTORNEYS REASONABLY
ACCEPTABLE TO THE COMPANY AND ITS COUNSEL, THAT SUCH REGISTRATION IS NOT
REQUIRED.

                                 PROMISSORY NOTE

December 14, 2006                                                      $________

                          ONE HUNDRED THOUSAND DOLLARS
                                    15% NOTE

FOR VALUE RECEIVED, PERFORMANCE HEALTH TECHNOLOGIES, INC. (the "Company") hereby
promises to pay to the order of _____________ (the "Holder"), or his registered
assigns, the principal sum of ___________ DOLLARS AND 00/100 ($_______) (the
"Loan"), and to pay interest from the date hereof on the outstanding principal
sum at the rate of 15% per annum based on a 365-day year, such interest to
accrue from the date hereof (the "Closing Date"). The principal and accrued but
unpaid interest shall be repayable February 13, 2007 (the "Maturity Date"). If
the Company receives gross financing proceeds of $2,000,000 or more before the
Maturity Date, the Holder may at its option elect to have the Note and all
accrued interest paid from the financing proceeds.

      All payments shall be paid in lawful money of the United States of America
at the principal office of the Holder or at such other place as the Holder may
designate from time to time in writing to the Company.

      1. PREPAYMENTS.

            (a) Interest. On the Closing Date, the Company shall make a cash
      payment of interest to the Holder in the amount of $2,500.00, representing
      two months worth of interest on the Loan. The Company agrees that the
      Holder may deduct an amount equal to such payment from the gross proceeds
      loaned to the Company.

            (b) Prepayments; Redemption. The Company may prepay and redeem this
      Secured Promissory Note (the "Note"), at the election of the Company at
      any time as a whole only and not in part, at a price equal to the
      outstanding principal of the Note together with accrued interest to the
      date of repayment, along with any other sums due hereunder. Upon repayment
      of the Note in full, the Holder acknowledges that the Security Agreement
      will be terminated and that the Holder will have no further rights
      thereunder.
<PAGE>

      2. ADDITIONAL CONSIDERATION. As additional consideration for making the
Loan described herein, the Company shall make a cash payment to the Holder equal
to five (5) points, or $5,000.00, on the Closing Date. The Company hereby agrees
that the Holder may deduct an amount equal to such payment from the gross
proceeds loaned to the Company.

      3. SECURITY INTEREST. The repayment of this obligation shall be secured by
the grant of a security interest in certain Advance Notices that may be issued
from time to time by the Borrower to Cornell Capital Partners, LP pursuant to a
certain Standby Equity Distribution Agreement dated January 23, 2006. The
security interest of the Holder shall be PARI PASSU with the security interest
held by other Holders and by holders of promissory notes issued by the Borrower
in previous note offerings. The parties agree and acknowledge that the Standby
Equity Distribution Agreement has been entered into for Ten Million Dollars
($10,000,000), however, the Borrower cannot request funds from Cornell Capital
Partners under the Standby Equity Distribution Agreement until such time as the
Borrower has an effective registration statement covering the shares that may be
issued pursuant to the Standby Equity Distribution Agreement. The Company filed
a Registration Statement with the Securities and Exchange Commission on November
14, 2006. Within five (5) days of the effectiveness of the Standby Equity
Distribution Agreement, the Borrower will perfect the Borrower's security
interest in this regard.

      4. DEFAULT. The Company shall be in default under the Note upon the
occurrence of any of the following events ("Event of Default"):

            (a) After notice by the Holder of a failure by the Company to make
      any principal or interest payment required under the Note, and the
      Company's failure to cure such default within five business days from the
      date such notice is received by the Company; or

            (b) An assignment for the benefit of creditors by or the filing of a
      petition under bankruptcy, insolvency or debtor's relief law, or for any
      readjustment of indebtedness, composition or extension by the Company, or
      commenced against the Company which is not discharged within sixty (60)
      days.

      5. REMEDIES UPON EVENT OF DEFAULT. Upon the occurrence of an Event of
Default:

            (a) specified in clause (a) of Section 4, then the Holder may
      declare the Note immediately accelerated due and payable;

            (b) specified in clause (b) of Section 4, then the Note shall be
      automatically accelerated and immediately due and payable at the option of
      Holder, without notice or demand; and

                                       2
<PAGE>

            (c) the Holder shall have all of the rights and remedies, at law and
      in equity, by statute or otherwise, and no remedy herein conferred upon
      the Holder is intended to be exclusive of any other remedy and each remedy
      shall be cumulative and shall be in addition to every other remedy given
      hereunder or now or hereafter existing at law, in, equity, by statute or
      otherwise.

      6. CHANGES; PARTIES. This Note can only be changed by an agreement in
writing signed by the Company and the Holder. This Note shall inure to the
benefit of and be binding upon the Company and the Holder and their respective
successors and assigns.

      7. WAIVER OF PRESENTMENT. With the exception of Section 4(a), the Company
hereby waives presentment, demand, notice, protest and all other demands and
notices in connection with the delivery, acceptance, performance, default or
enforcement of this Note.

      8. MAXIMUM RATE OF INTEREST. It is expressly stipulated and agreed to be
the intent of the Company and Holder at all times to comply with the applicable
law governing the maximum rate of interest payable on or in connection with all
indebtedness and transactions hereunder (or applicable United States federal law
to the extent that it permits Holder to contract for, charge, take, reserve or
receive a greater amount of interest). If the applicable law is ever judicially
interpreted so as to render usurious any amount of money or other consideration
called for hereunder, or contracted for, charged, taken, reserved or received
with respect to any loan or advance hereunder, or if acceleration of the
maturity of this Note or the indebtedness hereunder or if any prepayment by the
Company results in the Company's having paid any interest in excess of that
permitted by law, then it is the Company's and Holder's express intent that all
excess cash amounts theretofore collected by Holder be credited on the principal
balance of this Note (or if this Note has been or would thereby be paid in full,
refunded to the Company), and the provisions of this Note immediately be deemed
reformed and the amounts thereafter collectible hereunder reduced, without the
necessity of the execution of any new document, so as to comply with the
applicable law, but so as to permit the recovery of the fullest amount otherwise
called for hereunder. The right to accelerate maturity of this Note does not
include the right to accelerate any interest which has not otherwise accrued on
the date of such acceleration, and Holder does not intend to collect any
unearned interest in the event of acceleration.

      9. NO IMPLIED WAIVER. No failure or delay on the part of Holder in
exercising any right, power or privilege under this Note and no course of
dealing between the Company and Holder shall operate as a waiver thereof. No
single or partial exercise of any right, power or privilege hereunder shall
preclude any other or further exercise of any right, power or privilege Holder
would otherwise have. No notice to, or demand on, the Company in any case shall
entitle the Company to any other or further notice or demand in similar or other
circumstances or constitute a waiver of the right of Holder to any other or
further action in any circumstances without notice or demand.

      10. COUNSEL. The law firm of Gallagher, Briody & Butler has memorialized
the within Note and has provided legal advice solely to the Company with respect
to this Note and the Loan.

                                       3
<PAGE>

      11. GOVERNING LAW. THIS AGREEMENT SHALL BE CONSTRUED ACCORDING TO THE LAWS
OF THE STATE OF NEW JERSEY WITHOUT GIVING EFFECT TO THE PRINCIPLES THEREOF
RELATING TO CONFLICTS OF LAWS.

      IN WITNESS WHEREOF, the Company has executed this Note as of the date set
forth above.

                                    PERFORMANCE HEALTH TECHNOLOGIES, INC.

                                    By:
                                        --------------------------
                                        Robert A. Prunetti
                                        Chief Executive Officer

                                       4THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"). THE SECURITIES MAY NOT BE
SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
STATEMENT FOR THE SECURITIES UNDER SAID ACT, OR AN OPINION OF COUNSEL IN FORM,
SUBSTANCE AND SCOPE CUSTOMARY FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS
THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR UNLESS SOLD PURSUANT TO RULE
144 UNDER SAID ACT.

                                CONVERTIBLE NOTE

Boulder, Colorado
___________, 2006/2007                                                  $_______

      FOR VALUE RECEIVED, PERFORMANCE HEALTH TECHNOLOGIES, INC., a Delaware
corporation (hereinafter called the "Borrower"), hereby promises to pay to the
order of ________________ or registered assigns (the "Holder") the sum of
$______, on__________________, 2007 [120 DAYS] (such date, the "Maturity Date"),
and to pay interest on the unpaid principal balance hereof at the rate of ten
percent (10%) per annum from the date of this Note (the "Issue Date") until the
same becomes due and payable, whether at maturity or upon acceleration or by
prepayment or otherwise. Interest shall commence accruing on the Issue Date,
shall be computed on the basis of a 365-day year and the actual number of days
elapsed and shall be payable in cash on the Maturity Date or at the time of
conversion of the principal to which such interest relates in accordance with
Article I below.

      All payments due hereunder shall be made at such address as the Holder
shall hereafter give to the Borrower by written notice made in accordance with
the provisions of this Note.

      Whenever any amount expressed to be due by the terms of this Note is due
on any day which is not a business day, the same shall instead be due on the
next succeeding day which is a business day and, in the case of any interest
payment date which is not the date on which this Note is paid in full, the
extension of the due date thereof shall not be taken into account for purposes
of determining the amount of interest due on such date. As used in this Note,
the term "business day" shall mean any day other than a Saturday, Sunday or a
day on which commercial banks in the city of New York, New York are authorized
or required by law or executive order to remain closed. Each capitalized term
used herein, and not otherwise defined, shall have the meaning ascribed thereto
in that certain Subscription Agreement and the Borrower to which this Note
relates, as amended from time to time, pursuant to which the Holder subscribed
to purchase this Note (the "Subscription Agreement").

      This Note is free from all taxes, liens, claims and encumbrances with
respect to the issue thereof and shall not be subject to preemptive rights or
other similar rights of shareholders of the Borrower and will not impose
personal liability upon the Holder thereof.

      The following terms shall apply to this Note:
<PAGE>

1. CONVERSION RIGHTS

      The Holder shall have the following conversion rights with respect to this
Note (the "Conversion Rights"):

      A. Conversion. The Holder is entitled, at its option, to convert, and sell
on the same day, at any time and from time to time commencing on the date hereof
until the Maturity Date, all or any part of the principal amount of the Note
plus accrued interest, into shares (the "Conversion Shares") of the Borrower's
Common Stock, at the price per share equal to the lesser of (i) $0.75 or (ii)
70% of the average of the closing bid price for the Borrower's Common Stock for
the 20 days preceding the Conversion Notice (but in no event less than $0.30 per
share), as reported by the exchange on which the Company's Common Stock is then
traded (the "Conversion Price"). No fraction of shares or scrip representing
fractions of shares will be issued on conversion, but the number of shares
issuable shall be rounded to the nearest whole share. To convert this Note, the
Holder hereof shall deliver written notice thereof, substantially in the form of
Exhibit "A" to this Note, with appropriate insertions (the "Conversion Notice"),
to the Borrower at its address as set forth herein. The date upon which the
conversion shall be effective (the "Conversion Date") shall be deemed to be the
date set forth in the Conversion Notice.

      B. Reservation of Common Stock. The Borrower shall reserve and keep
available out of its authorized but unissued shares of Common Stock, solely for
the purpose of effecting the conversion of this Note, such number of shares of
Common Stock as shall from time to time be sufficient to effect such conversion,
based upon the Conversion Price. If at any time the Borrower does not have a
sufficient number of Conversion Shares authorized and available, then the
Borrower shall call and hold a special meeting of its stockholders within thirty
(30) days of that time for the sole purpose of increasing the number of
authorized shares of Common Stock.

2. EVENTS OF DEFAULT

      If any of the following events of default (each, an "Event of Default")
shall occur:

      A. Failure to Pay Principal or Interest. The Borrower fails to pay the
principal hereof or interest thereon when due on this Note, whether at maturity,
upon acceleration or otherwise;

      B. Conversion and the Shares. The Borrower fails to issue shares of Common
Stock to the Holder (or announces or threatens that it will not honor its
obligation to do so) upon exercise by the Holder of the conversion rights of the
Holder in accordance with the terms of this Note, or fails to transfer or cause
its transfer agent to transfer (electronically or in certificated form) any
certificate for shares of Common Stock issued to the Holder upon conversion of
or otherwise pursuant to this Note as and when required by this Note, and any
such failure shall continue uncured (or any announcement, statement or threat
not to honor its obligations shall not be rescinded in writing) for ten (10)
days after the Borrower shall have been notified thereof in writing by the
Holder;

      C. Receiver or Trustee. The Borrower or any subsidiary of the Borrower
shall make an assignment for the benefit of creditors, or apply for or consent
to the appointment of a receiver or trustee for it or for a substantial part of
its property or business, or such a receiver or trustee shall otherwise be
appointed;

                                       2
<PAGE>

      D. Bankruptcy. Bankruptcy, insolvency, reorganization or liquidation
proceedings or other proceedings for relief under any bankruptcy law or any law
for the relief of debtors shall be instituted by or against the Borrower or any
subsidiary of the Borrower which remains unvacated, unbonded or unstayed for a
period of thirty (30) days; then, upon the occurrence and during the
continuation of any Event of Default specified in Section 2.A or B, at the
option of the Holders of a majority of the aggregate principal amount of the
outstanding Notes exercisable through the delivery of written notice to the
Borrower by such Holders (the "Default Notice"), and upon the occurrence of an
Event of Default specified in Section 2.C or D, the Notes shall become
immediately due and payable and the Borrower shall deliver to the Holder, in
full satisfaction of its obligations hereunder, shares of Common Stock of the
Borrower in an amount equal to the then outstanding principal amount of this
Note for purposes of determining the lowest applicable Conversion Price,
multiplied by (b) the highest Closing Price for the Common Stock during the
period beginning on the date of first occurrence of the Event of Default and
ending one day prior to the Mandatory Prepayment Date (the "Default Amount") and
all other amounts payable hereunder shall immediately become due and payable,
all without demand, presentment or notice, all of which hereby are expressly
waived, together with all costs, including, without limitation, legal fees and
expenses, of collection, and the Holder shall be entitled to exercise all other
rights and remedies available at law or in equity. If the Borrower fails to pay
the Default Amount within five (5) business days of written notice that such
amount is due and payable, then the Holder shall have the right at any time, so
long as the Borrower remains in default (and so long and to the extent that
there are sufficient authorized shares), to require the Borrower, upon written
notice, to immediately issue, in lieu of the Default Amount, the number of
shares of Common Stock of the Borrower equal to the Default Amount divided by
the Conversion Price then in effect.

3. MISCELLANEOUS

      A. Failure or Indulgence Not Waiver. No failure or delay on the part of
the Holder in the exercise of any power, right or privilege hereunder shall
operate as a waiver thereof, nor shall any single or partial exercise of any
such power, right or privilege preclude other or further exercise thereof or of
any other right, power or privileges. All rights and remedies existing hereunder
are cumulative to, and not exclusive of, any rights or remedies otherwise
available.

                                       3
<PAGE>

      B. Notices. Any notice herein required or permitted to be given shall be
in writing and may be personally served or delivered by courier or sent by
United States mail and shall be deemed to have been given upon receipt if
personally served (which shall include telephone line facsimile transmission) or
sent by courier or three (3) days after being deposited in the United States
mail, certified, with postage pre-paid and properly addressed, if sent by mail.
For the purposes hereof, the address of the Holder shall be as shown on the
records of the Borrower; and the address of the Borrower shall be 427 River View
Plaza, Trenton, NJ 08611 facsimile number: (609) 656-0869. Both the Holder and
the Borrower may change the address for service by service of written notice to
the other as herein provided.

      C. Amendments. This Note and any provision hereof may only be amended by
an instrument in writing signed by the Borrower and the Holder. The term "Note"
and all reference thereto, as used throughout this instrument, shall mean this
instrument as originally executed, or if later amended or supplemented, then as
so amended or supplemented.

      D. Assignability. This Note shall be binding upon the Borrower and its
successors and assigns, and shall inure to be the benefit of the Holder and its
successors and assigns. Each transferee of this Note must be an "accredited
investor" (as defined in Rule 501(a) of the 1933 Act). Notwithstanding anything
in this Note to the contrary, this Note may be pledged as collateral in
connection with a bona fide margin account or other lending arrangement, subject
to all applicable federal and state securities laws.

      E. Governing Law. THIS NOTE SHALL BE ENFORCED, GOVERNED BY AND CONSTRUED
IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS
MADE AND TO BE PERFORMED ENTIRELY WITHIN SUCH STATE, WITHOUT REGARD TO THE
PRINCIPLES OF CONFLICT OF LAWS. THE BORROWER HEREBY SUBMITS TO THE EXCLUSIVE
JURISDICTION OF THE UNITED STATES FEDERAL COURTS LOCATED IN NEW YORK, NEW YORK
WITH RESPECT TO ANY DISPUTE ARISING UNDER THIS NOTE, THE AGREEMENTS ENTERED INTO
IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. BOTH
PARTIES IRREVOCABLY WAIVE THE DEFENSE OF AN INCONVENIENT FORUM TO THE
MAINTENANCE OF SUCH SUIT OR PROCEEDING. BOTH PARTIES FURTHER AGREE THAT SERVICE
OF PROCESS UPON A PARTY MAILED BY FIRST CLASS MAIL SHALL BE DEEMED IN EVERY
RESPECT EFFECTIVE SERVICE OF PROCESS UPON THE PARTY IN ANY SUCH SUIT OR
PROCEEDING. NOTHING HEREIN SHALL AFFECT EITHER PARTY'S RIGHT TO SERVE PROCESS IN
ANY OTHER MANNER PERMITTED BY LAW. BOTH PARTIES AGREE THAT A FINAL
NON-APPEALABLE JUDGMENT IN ANY SUCH SUIT OR PROCEEDING SHALL BE CONCLUSIVE AND
MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON SUCH JUDGMENT OR IN ANY OTHER
LAWFUL MANNER. THE PARTY WHICH DOES NOT PREVAIL IN ANY DISPUTE ARISING UNDER
THIS NOTE SHALL BE RESPONSIBLE FOR ALL FEES AND EXPENSES, INCLUDING ATTORNEYS'
FEES, INCURRED BY THE PREVAILING PARTY IN CONNECTION WITH SUCH DISPUTE.

                                       4
<PAGE>

      F. Denominations. At the request of the Holder, upon surrender of this
Note, the Borrower shall promptly issue new Notes in the aggregate outstanding
principal amount hereof, in the form hereof, in such denominations of at least
$1,000 as the Holder shall request.

      G. No Preemptive Rights. Except as provided herein no Holder of this Note
shall be entitled to rights to subscribe for, purchase or receive any part of
any new or additional shares of any class, whether now or hereinafter
authorized, or of bonds or Notes, or other evidences of indebtedness convertible
into or exchangeable for shares of any class, but all such new or additional
shares of any class, or any bond, Notes or other evidences of indebtedness
convertible into or exchangeable for shares, may be issued and disposed of by
the Board of Directors on such terms and for such consideration (to the extent
permitted by law), and to such person or persons as the Board of Directors in
their absolute discretion may deem advisable.

      H. Mandatory Redemption. If the Borrower is to receive gross financing
proceeds of more than $2 Million at any time prior to the conversion or Maturity
Date of this Loan, then Borrower shall give at least ten (10) days notice to
Holder and Holder may, at its option, elect to require the Borrower to pay the
entire principal and interest due under this Note out of the proceeds of such
financing.

      IN WITNESS WHEREOF, Borrower has caused this Note to be signed in its name
by its duly authorized officer.

                                    PERFORMANCE HEALTH TECHNOLOGIES, INC.

                                    By:
                                        ------------------------
                                        Name:
                                        Title:

                                       5
<PAGE>

                                    EXHIBIT A

                              NOTICE OF CONVERSION
                    (To be Executed by the Registered Holder
                         in order to Convert the Notes)

      The undersigned hereby irrevocably elects to convert $__________ principal
amount of the Note (defined below) into shares of common stock, par value $.01
per share ("Common Stock"), of Performance Health Technologies, Inc., a Delaware
corporation (the "Borrower") according to the conditions of the convertible
Notes of the Borrower dated as of ______, 2006 (the "Notes"), as of the date
written below. If securities are to be issued in the name of a person other than
the undersigned, the undersigned will pay all transfer taxes payable with
respect thereto and is delivering herewith such certificates. No fee will be
charged to the Holder for any conversion, except for transfer taxes, if any. A
copy of each Note is attached hereto (or evidence of loss, theft or destruction
thereof).

      The undersigned represents and warrants that all offers and sales by the
undersigned of the securities issuable to the undersigned upon conversion of the
Notes shall be made pursuant to registration of the securities under the
Securities Act of 1933, as amended (the "ACT"), or pursuant to an exemption from
registration under the Act.

            Date of Conversion:
            Applicable Conversion Price:
            Number of Shares of Common Stock to be Issued Pursuant to
            Conversion of the Notes:
            Signature:
            Name:
            Address:

The Borrower shall issue and deliver shares of Common Stock to an overnight
courier not later than three (3) business days following receipt of the original
Note(s) to be converted, and shall make any applicable payments pursuant to the
Notes for the number of business days such issuance and delivery is late.

                                       6

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