Document:

EXHIBIT
      10.01

     

    SAN
      HOLDINGS, INC.

    SECOND
      AMENDMENT TO

    HARRIS
      LOAN AUTHORIZATION AGREEMENT

    

    Harris
      N.A. 

    Chicago,
      Illinois

    

    Ladies
      and Gentlemen:

    

    Reference
      is hereby made to that certain Harris Loan Authorization Agreement dated as
      of
      October 27, 2006 (the Harris 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
      Harris N.A. (the “Bank”).
      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, among other things, increase the available
      maximum amount of credit available to the Borrower under the Loan Agreement,
      and
      the Bank is willing to do so under the terms and conditions set forth in this
      agreement (herein, the “Amendment”).
      

    

    
      	
              SECTION 1.

            	
              AMENDMENT.

            

    

    

    Subject
      to the satisfaction of all of the conditions precedent set forth in
      Section 3 below, the Loan Agreement shall be and hereby is amended as
      follows:

    

    1.1. The
      Loan
      Agreement shall be amended by deleting the amount of “$3,000,000”
      appearing
      throughout the document and substituting therefor the amount “$4,500,000.”

    

    1.2. Section 14
      of the Loan Agreement shall be amended and restated as follows:

    

    14. Security.
      The
      Loans (both for principal and interest) and the Company’s other obligations
      under that certain Replacement Secured Demand Note dated as of March 23,
      2007 (the“Secured
      Note”)
      shall
      be secured by certain property of Sun Capital Partners II, LP (“Sun II”)
      pursuant to that certain Amended and Restated Cash Collateral Security
      Agreement, dated as of March 23, 2007 (as the same may be amended,
      modified, restated or supplemented from time to time, being herein referred
      to
      collectively as the “Security
      Agreement”),
      and
      Sun II shall at all times comply with the terms and conditions of the Security
      Agreement. The Bank shall have the right to call for additional security from
      Sun II satisfactory to the Bank should the value of the collateral
      decline.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    
      	
              SECTION 2.

            	
              SECURED
                NOTE.

            

    

    

    In
      addition to that certain Demand Note payable to the order of the Bank dated
      as
      of October 27, 2006 in the principal amount of $1,500,000 (the “Previous
      Note”)
      and in
      replacement of and substitution for that certain Secured Demand Note dated
      as of
      March 13, 2007 in the principal amount of $1,500,000 (the “Previous
      Secured Note”),
      the
      Borrower shall execute and deliver to the Bank a replacement secured demand
      note
      in the amount of $3,000,000, dated as of the date of its issuance and otherwise
      in the form of Exhibit A attached hereto (the “Replacement
      Secured Note”)
      which
      shall be given in replacement of and substitution for the Bank’s Previous
      Secured Note and in addition to the Bank’s Previous Note, and which Replacement
      Secured Note, together with the Previous Note, shall evidence the loans
      outstanding to the Bank. All references in the Loan Agreement to the
“Note”
      shall
      be
      deemed references to the Previous Note together with the Replacement Secured
      Note, provided
      that
      (i) the Guaranty from Sun Capital Partners II, LP only guarantees
      obligations arising under the Previous Note and (ii) the Amended and
      Restated Cash Collateral Security Agreement from Sun Capital Partners II, LP
      only secures obligations arising under the Replacement Secured
      Note.

    

    
      	
              SECTION 3.

            	
              CONDITIONS
                PRECEDENT.

            

    

    

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

    

    3.2. The
      Borrower shall have executed and delivered to the Bank the Replacement Secured
      Note.

    

    3.3. The
      Bank
      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 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 and its counsel.

    

    3.5. Sun
      Capital Partners II, LP shall have executed and delivered to the Bank its
      consent to this Amendment in the form set forth below and that certain Amended
      and Restated Cash Collateral Security Agreement dated as of even date
      herewith.

    

    
      	
              SECTION 4.

            	
              REPRESENTATIONS.

            

    

    

    In
      order
      to induce the Bank to execute and deliver this Amendment, the Borrower hereby
      represents to the Bank 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.

    

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

       

    

    
      	
              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
      Second Amendment to Harris Loan Authorization Agreement is entered into as
      of
      this 23rd day of March, 2007.

     

    
      	 	
              SAN
                HOLDINGS, INC.

              

              

              By  
                /s/ Robert C. Ogden

              Name
                Robert C.
                Ogden                     
                

              Title
                CFO and
                Secretary                    
                

            

    

    

    Accepted
      and agreed to.

     

    
      	 	
              HARRIS
                N.A. 

              

              

              By  
                /s/ Craig S. Munro

              Name
                Craig S.
                Munro                        
                

              Title
                Managing
                Director                   
                

            

    

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    
    

    GUARANTOR’S
      ACKNOWLEDGEMENT AND CONSENT

    

    The
      undersigned, Sun Capital Partners II, LP, heretofore executed and delivered
      to
      the Bank a Guaranty dated October 27, 2006 (as may be amended from time to
      time,
      the “Guaranty”).
      The
      undersigned hereby consents to the Amendment to the Loan Agreement as set forth
      above and confirms that the Guaranty and all of the undersigned’s obligations
      thereunder remain in full force and effect. The undersigned further agrees
      that
      the consent of the undersigned to any further amendments to the Loan Agreement
      shall not be required as a result of this consent having been obtained, except
      to the extent, if any, required by the Guaranty.

     

     

    
      	 	
              SUN
                CAPITAL PARTNERS II, LP

               

              By: Sun
                Capital Advisors II, LP

              Its: General
                Partner

               

              By: Sun
                Capital Partners, LLC

              Its: General
                Partner

              

              

              By: 
                /s/
                Robert R.
                Krouse                          
                

              Name:
                Robert R.
                Krouse                    

              Its:
                CO-CEO                                         
                

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

     

    REPLACEMENT
      SECURED DEMAND NOTE

    

    
      	
              $3,000,000

            	
              March
                23, 2007

            

    

    

    On Demand,
      for
      value received, the undersigned, SAN
      Holdings, Inc.,
      a
      Colorado corporation, promises to pay to the order of Harris N.A.
      (the
“Bank”)
      at its
      offices at 111 West Monroe Street, Chicago, Illinois, the principal sum of
      Three
      Million Dollars ($3,000,000) or, if less, the amount outstanding hereunder,
      together with interest payable at the times and at the rates and in the manner
      set forth in the Harris Loan Authorization Agreement referred to
      below.

    

    This
      Note
      evidences part of the borrowings by the undersigned under that certain Harris
      Loan Authorization Agreement dated as of October 27, 2006, between the
      undersigned and the Bank, 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 Harris Loan Authorization Agreement, to which reference is hereby made
      for a
      statement thereof, excluding, however, the benefits of the Guaranty from Sun
      Capital Partners II LP. 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.

    

    The
      Loans
      (both for principal and interest) and the undersigned’s other obligations under
      this Note shall be secured by certain property of Sun Capital Partners II,
      LP
      pursuant to that certain Amended and Restated Cash Collateral Security
      Agreement, dated of even date herewith (as the same may be amended, modified,
      restated or supplemented from time to time, being herein referred to
      collectively as the “Security
      Agreement”),
      and
      Sun Capital Partners II, LP shall at all times comply with the terms and
      conditions of the Security Agreement.

    

    This
      Note
      is issued in replacement of and substitution for, and shall evidence the
      indebtedness as evidenced by, that certain Secured Demand Note of the
      undersigned payable to the Bank dated as of March 13, 2007.

    
 

    
      	 	
              SAN
                HOLDINGS, INC.

              

              

              By:
                __________________________________

              Name:
                ____________________________

              Its
                _______________________________AMENDMENT
      TO STOCKHOLDER RIGHTS AGREEMENT

    

    THIS
      AMENDMENT (the “Amendment”) is entered into as of the 26th
      day of
      March, 2007, by and between eXegenics, Inc., a Delaware corporation (the
“Company”) and American Stock Transfer & Trust Company, as Rights Agent (the
“Rights Agent”). 

    

    RECITALS

    

    A. The
      Company and the Rights Agent are parties to a Rights Agreement dated as of
      June
      9, 2003, as amended on July 15, 2003 and December 4, 2006 (the “Rights
      Agreement”). Capitalized terms used herein and not otherwise defined herein
      shall have the meanings ascribed to them in the Rights Agreement.

    

    

    B. On
      March
      23, 2007, the Board of Directors of the Company determined it is in the best
      interest of the Company’s stockholders to amend the Rights Agreement to change
      the Final Expiration Date to the close of business on March 26, 2007, it being
      the intent that the Rights Agreement shall have no further force and effect
      from
      and after that date.

    

    C.
       The
      Company desires to amend the Rights Agreement in accordance with Section 27
      of
      the Rights Agreement.

    

    Accordingly,
      the parties agree that:

    

    1. Amendment
      to Definition of “Final Expiration Date” set forth in Section 1(r).
The
      definition of “Final Expiration Date” in Section 1(r) of the Rights Agreement is
      hereby amended by substituting the following for Section 1(r):

    

    “Final
      Expiration Date shall mean the close of business on March 26,
      2007.”

    

    2. Amendment
      of Section 7.
      Section
      7 of the Rights Agreement is hereby amended and supplemented by adding the
      following provisions immediately following clause (e) thereof:

    

    “(f) The
      Rights shall expire on the Expiration Date, and upon such expiration, all rights
      pertaining thereto shall be extinguished.”

    

    3. Amendment
      of Exhibits.
      The
      Exhibits to the Rights Agreement shall be restated to reflect this Amendment,
      including all conforming changes. 

    

    4. Miscellaneous.
      This
      Amendment shall be deemed effective as of the date first written above, as
      if
      executed on such date. 

    

    

    [SIGNATURE
      PAGE FOLLOWS]

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties hereto have caused this Amendment to the
      Stockholder Rights Agreement to be executed and attested, all as of the day
      and
      year first above written.

     

    
      
        	 	EXEGENICS,
                INC.
	 	
                  

              	
              
	 	By:	/s/ John Paganelli
	 
 	
                 

                Name: 
                  

                Title:
                  

              	
                
John
                Paganelli
                Interim
                  Chief Executive Officer

              
	 	  	 

      

       

      
         

        
          
            	 	AMERICAN
                    STOCK
                    TRANSFER & TRUST COMPANY
	 	
                      

                  	
                  
	 	By:	/s/ Herbert J. Lemmer
	 
 	
                     

                    Name: 
                      

                    Title:
                      

                  	
                    

                    Herbert
                      J. Lemmer

                    Vice
                      President

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