Document:

Exhibit
      10.01

    San
      Holdings, Inc.

    Ninth
      Amendment To

    Loan
      Authorization Agreement

     

    Sun
      Solunet, LLC, as Assignee of Harris N.A.

    5200
      Town
      Center Circle, Suite 470

    Boca
      Raton, Florida 33486

     

    Ladies
      and Gentlemen:

     

    Reference
      is hereby made to that certain Loan Authorization Agreement dated as of
      May 16, 2003 (the Loan Authorization Agreement, as the same may be amended
      from time to time, being referred to herein as the “Loan
      Agreement”),
      between the undersigned, SAN Holdings, Inc., a Colorado corporation (the
      “Borrower”),
      and
      Sun Solunet, LLC, as assignee of Harris N.A., as successor to Harris Trust
      and
      Savings Bank due to merger (the “Bank
      Assignee”).
      All
      capitalized terms used herein without definition shall have the same meanings
      herein as such terms have in the Loan Agreement.

     

    The
      Borrower has requested that the Bank Assignee increase the amount of the loan
      from $13,000,000 to $14,000,000, change the Maturity Date to December 31, 2006,
      and to replace its obligation to pay current interest payments to having the
      loan accrue interest until the loan is paid, and the Bank Assignee is willing
      to
      do so under the terms and conditions set forth in this agreement (herein, the
      “Amendment”).
      

     

    
      	
              Section 1.

            	
              Amendment.

            

    

     

    1.1.    The
      Loan
      Agreement shall be and hereby is amended by deleting the amount of “$13,000,000”
appearing throughout the document and substituting therefor the amount
“$14,000,000.”

     

    1.2.    The
      paragraph in the introductory section of the Loan Agreement entitled “Maturity
      Date” of the Loan Agreement shall be deleted in its entirety and replaced with
      the following:

     

    “Maturity
      Date: The Loan Account terminates, and Loans are payable, on December 31,
      2006.”

     

    1.3.    The
      sentence in the introductory section of the Loan Agreement beginning with
“Periodic Statement reflecting accrued interest will be sent...” shall be
      deleted.

     

    1.4.    The
      parenthetical, “but if no demand, no later than February 16, 2006”, immediately
      following the term “ON DEMAND” set forth in each of Section 5 (Maturity Date;
      Payments) and Section 10 (Termination; Renewal) shall be deleted.

     

    1.5.    The
      paragraph in the introductory section of the Loan Agreement entitled “Variable
      Interest Rate” shall be deleted in its entirety and replaced with the
      following:

    
      
         

      

      
        -1-

        
          

        

      

      
         

      

    

     

    “Variable
      Interest Rate: The interest rate applicable prior to the Maturity Date equals
      the rate per annum announced by the Bank from time to time as its prime
      commercial rate (the “Prime
      Rate”)
      plus:

     

    
      	
              FROM

            	
              THROUGH

            	
              RATE

            
	
              February
                17, 2005 to

            	
              Maturity
                Date

            	
              1.0%

            
	
              (the
                “Applicable
                Margin”)

            	 	 

    

     

    1.6.    The
      sixth
      sentence of Section 1 (beginning with “Upon each request for a Loan...”) shall be
      deleted.

     

    1.7.    Section
      4
      shall be deleted and replaced with the following:

     

    “4. Reserved.”

     

    1.8    Sections
      7(c), 7(d) and 7(e) shall be deleted.

     

    1.9.    Section
      2
      (Interest) of the Loan Agreement shall be deleted and replaced with the
      following:

     

    “Interest.
      The
      Company shall pay the Bank interest on the unpaid principal balance of Loans
      in
      accordance with the terms of this Agreement. Interest shall be computed by
      applying a daily periodic rate based on the Bank’s Prime Rate plus the
      Applicable Margin to the sum of (a) each day’s ending Loan balance and (b) all
      interest which was accrued and unpaid as of the immediately preceding day after
      taking into account any cash payment of interest made. Interest shall be
      computed on the basis of a year of 360 days for the actual number of days
      elapsed. The Bank’s Prime Rate reflects market rates of interest as well as
      other factors, and it is not necessarily the Bank’s best or lowest rate. The
      daily Loan balance shall be computed by taking the principal balance of Loans
      at
      the beginning of each day, adding any Loans posted to the Loan Account that
      day,
      and subtracting any principal payments posted to the Loan Account as of that
      day. Interest begins to accrue on the date a Loan is posted to the Loan Account.
      Any accrued interest which for any reason has not been paid prior to the
      Maturity Date shall be paid in full on the date on which the final principal
      payment on the Loan is made. The principal balance of Loans and all accrued
      interest which remains unpaid after demand for repayment shall bear interest
      until paid in full at a post-maturity rate of 2% per annum above the interest
      rate otherwise applicable to the Loans (determined as aforesaid). The interest
      rate payable under this Agreement shall be subject, however, to the limitation
      that such interest rate shall never exceed the highest rate which the Company
      may contract to pay under applicable law.”

     

    
      	
              Section 2.

            	
              New
                Note.

            

    

     

    In
      replacement for that certain Note payable to the order of Harris N.A., as
      successor to Harris Trust and Savings Bank due to merger dated as of October
      4,
      2005 in the principal amount of $13,000,000 (the “Previous
      Note”)
      (later
      assigned to the Bank Assignee), the Borrower shall execute and deliver to the
      Bank Assignee a new demand note in the amount of $14,000,000, dated as of the
      date of its issuance and otherwise in the form of Exhibit A attached hereto
      (the
“New
      Note”)
      which
      shall substitute for the Bank Assignee’s Previous Note and shall evidence the
      loans outstanding to the Bank Assignee. All references in the Loan Agreement
      shall be deemed references to the New Note.

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

     

    
      	
              Section 3.

            	
              Conditions
                Precedent.

            

    

     

    3.1.    The
      Borrower and the Bank Assignee shall have executed and delivered this
      Amendment.

     

    3.2.    The
      Borrower shall have executed and delivered the New Note to the Bank
      Assignee.

     

    3.3.    The
      Bank
      Assignee shall have received copies (executed or certified, as may be
      appropriate) of all legal documents or proceedings taken in connection with
      the
      execution and delivery of this Amendment to the extent the Bank Assignee or
      its
      counsel may reasonably request.

     

    3.4.    Legal
      matters incident to the execution and delivery of this Amendment shall be
      satisfactory to the Bank Assignee and its counsel.

     

    
      	
              Section 4.

            	
              Representations.

            

    

     

    In
      order
      to induce the Bank Assignee to execute and deliver this Amendment, the Borrower
      hereby represents to the Bank Assignee that as of the date hereof the
      representations and warranties set forth in the Loan Agreement are and shall
      be
      and remain true and correct and the Borrower is in compliance with the terms
      and
      conditions of the Loan Agreement.

     

    
      	
              Section 5.

            	
              Miscellaneous.

            

    

     

    5.1.    Except
      as
      specifically amended herein, the Loan Agreement shall continue in full force
      and
      effect in accordance with its original terms. Reference to this specific
      Amendment need not be made in the Loan Agreement, the Note, or any other
      instrument or document executed in connection therewith, or in any certificate,
      letter or communication issued or made pursuant to or with respect to the Loan
      Agreement, any reference in any of such items to the Loan Agreement being
      sufficient to refer to the Loan Agreement as amended hereby.

     

    5.2.    This
      Amendment may be executed in any number of counterparts, and by the different
      parties on different counterpart signature pages, all of which taken together
      shall constitute one and the same agreement. Any of the parties hereto may
      execute this Amendment by signing any such counterpart and each of such
      counterparts shall for all purposes be deemed to be an original. This Amendment
      shall be governed by the internal laws of the State of Illinois.

     

    [Signature
      Page to Follow]

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    

     

    This
      Ninth Amendment to Loan Authorization Agreement is entered into as of this
      6th
      day of
      February, 2006.

     

    San
      Holdings, Inc.

     

    By:
      /s/
      Robert Ogden

    Name:
      Robert Ogden

    Title:
      CFO

     

    

     

    Accepted
      and agreed to.

     

    Sun
      Solunet, LLC, as Assignee of Harris 
N.A.

     

    By:
      /s/
      Steve Marble

    Name:
      Steve Marble

    Title:
      Vice President

    

    

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    Exhibit
      A

     

    Note

     

    
      	
              $14,000,000

            	
              February
                6, 2006

            

    

     

    Maturity
      Date: December 31, 2006

     

    For
      value
      received, the undersigned, San
      Holdings, Inc.,
      a
      Colorado corporation, promises to pay to the order of Sun
      Solunet, LLC,
      as
      assignee of Harris N.A. (the
      “Bank
      Assignee”)
      at its
      offices at 5200 Town Center Circle, Suite 470, Boca Raton, Florida 33486, the
      principal sum of Fourteen Million Dollars and no/100 ($14,000,000) or, if less,
      the amount outstanding under the Loan Authorization Agreement referred to below,
      together with interest payable at the times and at the rates and in the manner
      set forth in the Loan Authorization Agreement referred to below.

     

    This
      Note
      evidences borrowings by the undersigned under that certain Loan Authorization
      Agreement dated as of May 16, 2003, between the undersigned and the Bank
      Assignee, as the same may be amended from time to time; and this Note and the
      holder hereof are entitled to all the benefits provided for under the Loan
      Authorization Agreement, to which reference is hereby made for a statement
      thereof. The undersigned hereby waives presentment and notice of dishonor.
      The
      undersigned agrees to pay to the holder hereof all court costs and other
      reasonable expenses, legal or otherwise, incurred or paid by such holder in
      connection with the collection of this Note. It is agreed that this Note and
      the
      rights and remedies of the holder hereof shall be construed in accordance with
      and governed by the laws of the State of Illinois.

     

    This
      Note
      is issued in substitution and replacement for, and evidences indebtedness
      previously evidenced by, that certain Note of San Holdings, Inc. dated October
      4, 2005 payable to the Bank Assignee in the face principal amount of
      $13,000,000. 

     

    San
      Holdings, Inc.

     

    By:____________________________

    Name:_______________________

    Title:________________________

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Note

     

    
      	
              $14,000,000

            	
              February
                6, 2006

            

    

     

    Maturity
      Date: December 31, 2006

     

    For
      value
      received, the undersigned, San
      Holdings, Inc.,
      a
      Colorado corporation, promises to pay to the order of Sun
      Solunet, LLC,
      as
      assignee of Harris N.A. (the
      “Bank
      Assignee”)
      at its
      offices at 5200 Town Center Circle, Suite 470, Boca Raton, Florida 33486, the
      principal sum of Fourteen Million Dollars and no/100 ($14,000,000) or, if less,
      the amount outstanding under the Loan Authorization Agreement referred to below,
      together with interest payable at the times and at the rates and in the manner
      set forth in the Loan Authorization Agreement referred to below.

     

    This
      Note
      evidences borrowings by the undersigned under that certain Loan Authorization
      Agreement dated as of May 16, 2003, between the undersigned and the Bank
      Assignee, as the same may be amended from time to time; and this Note and the
      holder hereof are entitled to all the benefits provided for under the Loan
      Authorization Agreement, to which reference is hereby made for a statement
      thereof. The undersigned hereby waives presentment and notice of dishonor.
      The
      undersigned agrees to pay to the holder hereof all court costs and other
      reasonable expenses, legal or otherwise, incurred or paid by such holder in
      connection with the collection of this Note. It is agreed that this Note and
      the
      rights and remedies of the holder hereof shall be construed in accordance with
      and governed by the laws of the State of Illinois.

     

    This
      Note
      is issued in substitution and replacement for, and evidences indebtedness
      previously evidenced by, that certain Note of San Holdings, Inc. dated October
      4, 2005 payable to the Bank Assignee in the face principal amount of
      $13,000,000. 

     

    San
      Holdings, Inc.

     

    By:
      /s/
      Robert Ogden

    Name:
      Robert Ogden

    Title:
      CFOSafetek International Inc.
Oriens Life Sciences Ltd.
 23 Aminadav St.
Tel Aviv, Israel,                                                        |logo|
67898
Tel: +972-3-5613468
Fax: +972-3-5613465
Email:
Info@oriensls.com
www.oriensls.com

                                                                  February 5, 06

       Re: SERVICE ON THE BOARD OF DIRECTORS OF SAFETEK INTERNATIONAL INC.
           ---------------------------------------------------------------

Dear Prof. Koltin,

I am pleased to write to you and request your consent to serve as member of the
Board of Directors of SafeTek International Inc. (respectively, the "BOARD" and
the "COMPANY"), subject to the following terms and conditions:

1.    While serving as member of the Board, you shall act pursuant to any
      applicable law. Your agreement to serve as member of the Board is
      conditioned, among others, upon your agreement not to directly or
      indirectly use or disclose any confidential non-public information of the
      Company for any reason, including, without limitation, in connection with
      the purchase or sale of the securities of the Company. Any such use or
      disclosure would constitute a violation of securities laws.

2.    As a director of the Company, you are expected to maintain loyalty to the
      Company and to not take any action that would directly or indirectly
      promote any competitor or impair the Company's interests. Subject to the
      foregoing, you may engage in other business or charitable activities to
      the extent that they do not interfere or create a conflict with your
      fiduciary obligations to the Company.

3.    Specifically, but not exclusively, your duties and responsibilities will
      include the following: (i) to participate in all meetings of the Board and
      stockholders of the Company; (ii) to serve on such committees of the Board
      as required by the Company; (iii) to provide strategic guidance and advice
      to the senior management of the Company with respect to the management of
      the operations of the Company; and (iv) to provide support and guidance to
      the senior management of the Company in their efforts.

4.    In consideration for your service as a member of the Board, the Company
      shall pay you an amount of US$ 400 for each meeting of the Board or any
      committee thereof in which you participate. The fee increases to $500 if
      the aggregate investment exceeds $3,000,000 after said date.

<PAGE>

5.    In addition, and subject to the execution of an option grant agreement
      between you and the Company in a standard form used by the Company (the
      "OPTION AGREEMENT"), you shall be entitled to participate in the Employee
      Stock Option Plan adopted by the Company (the "ESOP"), under the following
      terms and conditions:

6.    You shall receive options to purchase 451,041 shares of Common Stock of
      the Company, par value US$ 0.0001 each, at an exercise price per share
      equal to 90% of the last transaction price quoted for such date by the
      NASDAQ system or the NASDAQ National Market, as of the Stock Option
      Agreement date, according to the company Employees/Consultants/Directors
      Stock Compensation Plan; (the "Options").

7.    The vesting period of the Options will commence from the second year and
      will be in 12 equal quarterly installments of the Common Stock to which
      the Options pertain over a period of 36 months, on the last date of each
      calendar quarter from and after the first anniversary year from the
      agreement date and so long as you hold such office. If your service as
      member of the Board terminates prior to the full vesting of the Options,
      for any reason whatsoever, the unvested portion of the Options shall be
      cancelled. Vested Options will be exercisable for a period of 3 months
      after termination of this Agreement.

8.    For the avoidance of doubt, the terms set forth in this Section are in
      addition to terms and conditions set forth in the ESOP and in the Option
      Agreement as determined by the Board, in its sole discretion, and the
      grant of the Options shall be subject to your execution of the Option
      Agreement and all ancillary documents.

9.    In special cases, and subject to the execution of a consulting agreement
      between you and the Company in the form attached as EXHIBIT A hereto (the
      "CONSULTING AGREEMENT") and all ancillary documents thereof, the Company
      may ask you for additional consulting services. Such services will be
      provided by you pursuant to the terms of the Consulting Agreement and
      against the compensation detailed therein.

10.   During the term of your service and thereafter, and subject to the
      execution of an indemnification agreement between you and the Company in
      the form attached as EXHIBIT B hereto (the "INDEMNIFICATION AGREEMENT")
      and all ancillary documents thereof, the Company shall indemnify you to
      the full extent permitted by law and the incorporation documents of the
      Company for all expenses, costs, liabilities and legal fees which you may
      incur in the discharge of your duties hereunder, all pending your
      execution of the Indemnification Agreement and subject to all terms and
      conditions set forth therein.

<PAGE>

Please indicate your acceptance to the terms of this letter by signing and
dating it and returning a counterpart hereof to us.

Note that your appointment as member of the Board of Directors of the Company is
subject to the approval of the Company's directors and/or shareholders.

                                            Sincerely yours,

                                            /s/ Amnon Presler
                                            Amnon Presler, CEO

                                            Phone: 03-5613468
                                            Mobile: 054-7353561

I agree to all terms of this letter.

Sig:  /s/ Yigal Kolton

Name: Prof. Yigal Kolton
Date: February 5, 2006

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