Document:

EXHIBIT
      10.12

    

    PROMISSORY
      NOTE

    

    
      	$375,000.00	
              August
                6, 2007                        

            

    

     

    FOR
      VALUE
      RECEIVED, the undersigned, VOIP, INC., a Texas corporation ("Debtor"), promises
      to pay to the order of CENTURION MICROCAP L.P., or its successors or assigns
      ("Lender"), on September 6, 2007 or on demand ("Maturity Date") at 3014
      Avenue L, Brooklyn, NY 11210, Fax: (718) 228-9570,
      or at
      such other place as the Lender may designate from time to time in writing to
      the
      Debtor, in lawful money of the United States of America, the principal sum
      of
      Three Hundred Seventy Five Thousand Dollars ($375,000.00), together with
      interest on the unpaid principal balance of this Note from the date hereof
      until
      paid at twelve percent (12%) per annum. In the event of Debtor's default
      hereunder, interest on amounts past due pursuant to this Note shall be paid
      at a
      rate of eighteen percent (18%) per annum. Interest shall be computed on the
      basis of a 360-day year.

    

    The
      delay
      or failure to exercise any right hereunder shall not waive such right. The
      undersigned hereby waives demand, presentment, protest, notice of dishonor
      or
      nonpayment, notice of protest, any and all delays or lack of diligence in
      collection hereof and assents to each and every extension or postponement of
      the
      time of payment or other indulgence.

    

    The
      Lender may, at any time, present this Note or any sum payable hereunder to
      the
      Debtor in satisfaction of any sum due or payable by the Lender to Debtor for
      any
      reason whatsoever including but not limited to the payment for securities
      subscriptions. Lender will receive a credit of one hundred percent (100%) of
      the
      amount payable hereunder against the purchase price for such securities
      subscriptions.

    

    In
      the
      event of default hereunder such that this Note is placed in the hands of an
      attorney for collection (whether or not suit is filed), or if this Note is
      collected by suit or legal proceedings or through bankruptcy proceedings, Debtor
      agrees to pay reasonable attorney’s fees and expenses of
      collection.

    

    This
      Note
      shall be governed by, and construed and interpreted in accordance with, the
      laws
      of the State of New York. Exclusive jurisdiction relating to this Note shall
      vest in courts located in New York State.

    

    IN
      WITNESS WHEREOF, the undersigned has duly executed and delivered this Note
      the
      date and year first above written.

    

    
      	 	 	
              VOIP
                INC.

            
	 	 	 	 	 
	 	 	
              By:
                

            	
              /s/
                Robert Staats

            
	 	 	 	
              Name:
                

            	
              Robert
                Staats

            
	 	 	 	
              Title:

            	
              Chief
                Accounting Officer

            
	 	 	 	 	 
	
              ATTEST:EXHIBIT
    10.13

    

    

    CONVERTIBLE
      PROMISSORY NOTE

     

    

    
      	
              $250,000.00

            	
              August
                17, 2007

            
	 	 

    

    

    

    FOR
      THE
      AMOUNT OF TWO HUNDRED THOUSAND DOLLARS ($200,000.00) CASH RECEIVED, the
      undersigned, VoIP, INC., a Texas corporation (the "Company"), promises to pay
      to
      the order of CARRIE
      ANGEL,
      or its
      successors or assigns ("Holder"), at such place as the Holder may designate
      in
      writing to the Company, in lawful money of the United States of America, the
      principal sum of Two Hundred Fifty Thousand Dollars ($250,000.00), due and
      payable on September 1, 2007.

    

    In
      the
      event that the Company fails to repay this promissory note (this “Note”) when
      due, the Holder may, at its option, formally declare the Company to be in
      default hereunder. In that event, this Note shall become immediately convertible
      in whole or in part, at Holder’s option, into free-trading shares of the
      Company’s common stock, par value $0.001 per share (“Common Stock”), at the
      conversion rate of the lesser of: (a) $1.60 per share (post-reverse split);
      or
      (b) a 50% discount to the average of the closing market price of the Company’s
      common stock over the five trading days immediately preceding such conversion.
      In that event, the Company will use its best efforts to effect the free-trading
      shares through a 3(a)(10) settlement.

    

    Holder
      shall also be entitled to receive 5-year warrants (“Warrants”) to purchase
      available shares of the Company’s common stock exercisable at $1.60 per warrant
      share (the “Exercise Price”). The number of warrants Holder shall receive will
      be based upon the amount due under this Note as of the Maturity Date divided
      by
      the Exercise Price, and the warrants shall contain a cashless exercise
      feature.

    

    So
      long
      as the Warrants are outstanding, if the Company shall issue or agree to issue
      any shares of Common Stock for a consideration less than the Exercise Price
      in
      effect at the time of such issue or agree to adjust the price at which any
      shares of Common Stock may be issued, then, and thereafter successively upon
      each such issue or adjustment, the Exercise Price shall be reduced to such
      other
      lower issue price. For purposes of this adjustment, the issuance of any security
      carrying the right to convert such security into shares of Common Stock or
      of
      any warrant, right or option to purchase Common Stock shall result in an
      adjustment to the Exercise Price upon the issuance of the above-described
      security and again upon the issuance of shares of Common Stock upon exercise
      of
      such conversion or purchase rights if such issuance is at a price lower than
      the
      then applicable Exercise Price.

    

    The
      delay
      or failure to exercise any right hereunder shall not waive such right. The
      undersigned hereby waives demand, presentment, protest, notice of protest,
      any
      and all delays or lack of diligence in collection hereof and assents to each
      and
      every extension or postponement of the time of payment or other
      indulgence.

    

    In
      the
      event of default hereunder such that this Note is placed in the hands of an
      attorney for collection (whether or not suit is filed), or if this Note is
      collected by suit or legal proceedings or through bankruptcy proceedings, the
      Company agrees to pay reasonable attorney's fees and expenses of
      collection.

    

    The
      Holder acknowledges that s/he is an "accredited investor," as such term is
      defined in Regulation D promulgated by the Commission under the 1933 Act, is
      experienced in investments and business matters, has made investments of a
      speculative nature and has purchased securities of United States publicly-owned
      companies in private placements in the past and, with its representatives,
      has
      such knowledge and experience in financial, tax and other business matters
      as to
      enable the Holder to utilize the information made available by the Company
      to
      evaluate the merits and risks of and to make an informed investment decision
      with respect to the proposed purchase, which represents a speculative
      investment. Further, that the Holder is able to bear the risk of such investment
      for an indefinite period and to afford a complete loss thereof. 

    

    This
      Note
      shall be governed by, and construed and interpreted in accordance with, the
      laws
      of the State of Florida. Exclusive jurisdiction relating to this Note shall
      vest
      in courts located in Florida.

    

    IN
      WITNESS WHEREOF, the undersigned has duly executed and delivered this Note
      the
      date and year first above written.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

         

    
 

    
      	 Holder	 	 	  VoIP,
              Inc.
	 	 	 	 
	 	 	 	 
	/s/ Carrie
              Angel 	 	 	/s/ Robert
              Staats
	
              

            	 	 	
              

            
	Name:
              Carrie Angel
	 	 	Name:
              Robert Staats
Title: Chief Accounting
              OfficerEXHIBIT
      10.6

    

    PROTEIN
      POLYMER TECHNOLOGIES, INC.

    8%
      SECURED PROMISSORY NOTE

    DUE
      JULY 12, 2006

    NOW
      DUE AUGUST 10, 2007

    AMENDMENT
      NO. 6

    DATED
      AUGUST 9, 2007

    

    On
      April
      13, 2006, Protein Polymer Technologies, Inc., ("Maker"), issued to Matthew
      J.
      Szulik ("Payee") a note (the “Note”) in the Principal amount of One Million
      ($1,000,000.00) Dollars pursuant to which, among other things, Maker agreed
      to
      pay the Obligations, as defined therein, to Payee on July 12, 2006, or sooner
      as
      otherwise provided therein. On July 12, 2006, Maker and Taurus
      Advisory Group, LLC, now TAG
      Virgin Islands, Inc.,
      as
      agent for Payee, (“Agent”) executed Amendment No. 1 to the Note pursuant to
      which, among other things, “July 12, 2006” in the first paragraph of the Note
      was changed to “October 10, 2006.” On August 18, 2006, as of July 14, 2006,
      Maker and Agent executed Amendment No. 2 to the Note pursuant to which, among
      other things, One Million ($1,000,000.00) Dollars” was changed to “One Million
      Five Hundred Thousand ($1,500,000.00) Dollars.” On September 29, 2006, Maker and
      Agent executed Amendment No. 3 to the Note pursuant to which, among other
      things, “One Million Five Hundred Thousand ($1,500,000.00) Dollars” was changed
      to “Two Million Five Hundred Thousand ($2,500,000.00) Dollars,” “October 10,
      2006” was changed to “January 10, 2007” and Section 10 (c) of the Note was
      amended. On January 10, 2007, Maker and Agent executed Amendment No. 4 to the
      Note pursuant to which, among other things, “Two Million Five Hundred Thousand
      ($2,500,000.00) Dollars” was changed to “Four Million ($4,000,000.00) Dollars”
and “January 10, 2007” was changed to “April 10, 2007." On April 10, 2007, Maker
      and Agent executed Amendment No. 5 to the Note pursuant to which, among other
      things, “Four Million ($4,000,000.00) Dollars” was changed to “Four
      Million Eight Hundred Thousand ($4,800,000.00)
      Dollars”
and “April 10, 2007” was changed to “August 10, 2007." In accordance with the
      terms of Section 10 (f) thereof, the Note is hereby amended as
      follows:

    

    1. In
      the
      first paragraph (i) “Four Million Eight Hundred Thousand ($4,800,000.00)
      Dollars” is changed to “Five Million Seven Hundred and Four Thousand
      ($5,704,000.00) Dollars”; and (ii) “August 10, 2007” is changed to “November 10,
      2007.”

     

    
      
         

      

      
         

        
          

        

      

      
         

      

      
        Amendment
          No. 6, executed
          on August 9, 2007

        to
          $1,000,000.00 Secured Promissory Note 

        of
          Protein Polymer Technologies,
          Inc.

        payable
          to Mathew
          J.
          Szulik

        dated
          April 13,
          2006
          and Amended

        as
          of
          July 12, 2006, July 14, 2006,

        September
          29, 2006, January 10, 2007

        and
          April
          10, 2007

      

       

    

    Maker
      shall accrue Interest to Payee as follows: (i) 8% per annum on Principal in
      the
      amount of One Million ($1,000,000.00) Dollars from April 12, 2006 through the
      date that all of the Obligations are paid in full; plus (ii) 8% per annum on
      Principal in the amount of Five Hundred Thousand ($500,000.00) Dollars from
      July
      14, 2006 through the date that all of the Obligations are paid in full; plus
      (iii) 8% per annum on Principal in the amount of One Million ($1,000,000.00)
      Dollars from September 6, 2006 through the date that all of the Obligations
      are
      paid in full; plus (iv) 8% per annum on Principal in the amount of Five Hundred
      Thousand ($500,000.00) Dollars from October 25, 2006 through the date that
      all
      of the Obligations are paid in full; plus (v) 8% per annum on Principal in
      the
      amount of Five Hundred Thousand ($500,000.00) Dollars from November 20, 2006
      through the date that all of the Obligations are paid in full; plus (vi) 8%
      per
      annum on Principal in the amount of Five Hundred Thousand ($500,000.00) Dollars
      from January 4, 2007 through the date that all of the Obligations are paid
      in
      full; plus (vii) 8% per annum on Principal in the amount of Five Hundred
      Thousand ($500,000.00) Dollars from February 21, 2007 through the date that
      all
      of the Obligations are paid in full; plus (viii) 8% per annum on Principal
      in
      the amount of Two Hundred Thousand ($200,000.00) Dollars from March 28, 2007
      through the date that all of the Obligations are paid in full; plus (ix) 8%
      per
      annum on Principal in the amount of One Hundred Thousand ($100,000.00) Dollars
      from April 10, 2007 through the date that all of the Obligations are paid in
      full; plus (x) 8% per annum on Principal in the amount of Two, Hundred Thousand
      ($200,000.00) Dollars from May 11, 2007 through the date that all of the
      Obligations are paid in full; plus (xi) 8% per annum on Principal in the amount
      of Twenty Thousand ($20,000.00) Dollars from June 25, 2007 through the date
      that
      all of the Obligations are paid in full; plus (xii) 8% per annum on Principal
      in
      the amount of One Hundred Thirty Six Thousand ($136,000.00) Dollars from June
      27, 2007 through the date that all of the Obligations are paid in full; plus
      (xiii) 8% per annum on Principal in the amount of Three Hundred Sixty Thousand
      ($360,000.00) Dollars from July 5, 2007 through the date that all of the
      Obligations are paid in full; plus (xiv) 8% per annum on Principal in the amount
      of Eighty Eight Thousand ($88,000.00) Dollars from July 13, 2007 through the
      date that all of the Obligations are paid in full; plus (xv) 8% per annum on
      Principal in the amount of One Hundred Thousand ($100,000.00) Dollars from
      August 2, 2007 through the date that all of the Obligations are paid in
      full.

    

    Counterparts.
      This
      Amendment No. 6 may be executed in one or more counterparts, including by
      facsimile, each of which shall be deemed an original, but all such counterparts
      together shall constitute but one and the same Amendment No. 6.

    

    Governing
      Law.
      This
      Amendment No. 6 shall be governed by and construed in accordance with the
      internal laws (and not the law of conflicts) of such jurisdiction as shall
      be
      determined by Payee.

    

    Except
      as
      set forth above, the Note, as amended pursuant to Amendment
      No. 1,
      Amendment No. 2, Amendment No. 3, Amendment No. 4 and Amendment No. 5, is not
      modified, changed or otherwise amended and remains in full force and effect
      in
      accordance with its terms as amended herein.

    

    (signature
      page to follow)

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    
      Amendment
        No. 6, executed
        on August 9, 2007

      to
        $1,000,000.00 Secured Promissory Note 

      of
        Protein Polymer Technologies,
        Inc.

      payable
        to Mathew
        J.
        Szulik

      dated
        April 13,
        2006
        and Amended

      as
        of
        July 12, 2006, July 14, 2006,

      September
        29, 2006, January 10, 2007

      and
        April
        10, 2007

    

    IN
      WITNESS WHEREOF, the undersigned have executed this Amendment No. 6 to the
      Note
      on August 9, 2007.

     

    
      	 	 	 
	 	
              Protein
                Polymer Technologies,
                Inc., Maker,

              a
                Delaware corporation

            
	 
 	 
 	 
 
	 	By:  	/s/
              William N. Plamondon III
	 	
              
William
              N. Plamondon III
	 	Chief
              Executive Officer

    

    
      	 	 	 
	 	TAG Virgin Islands, Inc.,
              as
              agent for
              Matthew
                J. Szulik,
                Payee

            
	 
 	 
 	 
 
	 	By:  	/s/
              James Tagliaferri
	 	
              
James
              Tagliaferri,
              President
	 	 

    

     

    
      
         

      

      
        -3-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}]]