Document:

Exhibit
      10.1

    KUHLMAN
      COMPANY, INC.

    

     

    
      	 I.	Investor Relations
              Contact:
                  James
                Palczynski or Joe Teklits

                  Integrated
                Corporate Relations, Inc.

                  (203)
                682-8200

            
	 	 
	 	Company
              Contact: 

                  Scott
                Kuhlman 

                  Kuhlman
                Company, Inc. 

                  (612)
                767-2401

            

    

     

    

    II.  KUHLMAN
      COMPANY SECURES $1.75 MILLION OF NEW FINANCING

    

    --
      Company to Shift Management Responsibilities --

     

     

    Minneapolis,
      Minnesota - September 25, 2006 - Kuhlman Company, Inc. (AMEX:KUL), a provider
      of
      European-inspired, tailored clothing for men and women, today reported that
      it
      has closed on a $1.75 Million offering of convertible debentures with an
      investment group led by Cornell Capital. Under the terms of the financing,
      $1
      million of the financing, net of transaction expenses, was funded at closing;
      the remaining $750,000 of the financing, net of transaction expenses, will
      be
      provided when the Company obtains shareholder approval of the transaction.
      A
      Special Shareholder Meeting in connection with the financing will be held in
      early November. 

     

    The
      three-year convertible debentures carry a coupon rate of eight percent (8.0%).
      Additionally, for the first 18 months under the terms of the financing, Cornell
      Capital shall retain a right of first refusal for any additional financing
      the
      Company may pursue. As part of the financing, founders Scott and Susan Kuhlman,
      and Board Member Jon Sabes, provided 2.5 million shares and 500 thousand shares,
      respectively, of personally-held Company stock into an escrow account with
      Cornell Capital as collateral for the financing. Additional future financing
      and/or substantial restructuring of the Company’s current payables and certain
      other obligations will be required to ensure the viability of the Company.
      

     

    Scott
      Kuhlman, commented, “We are very pleased with the ongoing support we have
      received from the investment community. We remain confident that, if we can
      address current cash flow concerns and focus on our most profitable stores,
      we
      have a unique and compelling opportunity to build a national chain of specialty
      retail locations and a vibrant wholesale business that serves both the fashion
      and value needs of today’s discriminating consumer.”

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    The
      Company also announced that Luis Padilla has vacated his position as Chief
      Executive Officer to pursue other career opportunities. He will remain a member
      of the Board of the Directors and continue as an important strategic and
      operational consultant to the Company. Scott Kuhlman, the Company’s founder,
      will resume his role as Chief Executive Officer. Additionally, the Company
      announced that it has retained the firm of Adams, Monahan and Sankovitz, LLP,
      which will assist the Company’s finance department in structuring an effective
      solution to and management of its store locations, payables and cash flows.
       

     

    Mr.
      Padilla commented, “I am proud to have contributed to Kuhlman’s development and
      remain convinced that this concept and product line have a tremendous
      opportunity. I am looking forward to staying involved in the development of
      the
      Company as a member of the Board of Directors.”

     

      Scott
      Kuhlman, Chief Executive Officer, said, “We are deeply grateful to Luis for his
      contributions. We have benefited from his expertise and advice in our
      operations, product line development, and in our financing activities. His
      leadership, which we are pleased will continue with his role as a member of
      our
      board, has helped prepare us for the next stage of our strategy, in which we
      will focus on cash-flow management and operational efficiency.”

     

    About
      Kuhlman Company, Inc.

    Kuhlman
      is a specialty retailer and wholesale provider of branded men's and women's
      apparel, through company-owned retail stores and under private labels through
      other large retailers. Kuhlman opened its first retail store in July 2003 and
      now operates 32 retail stores in 15 states and the District of Columbia. Kuhlman
      has approximately 150 employees and its corporate office is located in
      Minneapolis, MN. Additional information regarding Kuhlman and its apparel,
      and
      store locations can be found at http://www.kuhlmancompany.com.

    

    III.  Forward-Looking
      Statements

    Some
      of
      the statements made in this release are forward-looking statements. These
      forward-looking statements are based upon our current expectations and
      projections about future events and generally relate to our plans, objectives
      and expectations for our business. Although our management believes that the
      plans and objectives expressed in these forward-looking statements are
      reasonable, the outcome of su2ch plans, objectives and expectations involve
      risks and uncertainties and our
      actual future results may be materially different from the plans, objectives
      and
      expectations expressed in these forward-looking statements. Specific factors
      that might cause actual results to differ from our current expectations include,
      but are not limited to:

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    	·  	
            our
              ability to anticipate and identify style
              trends

          

    	·  	
            our
              ability to identify and secure favorable retail
              locations

          

    	·  	
            our
              ability to establish successful vendor relationships and obtain quality
              products on a timely basis

          

    	·  	
            our
              ability to hire and develop successful retail salespeople and
              managers

          

    	·  	
            our
              ability to identify and develop additional wholesale
              relationships

          

    	·  	
            our
              ability to compete successfully against other retailers and market
              our
              styles in a profitable manner, and

          

    	·  	
            other
              factors expressed in our periodic filings with the United States
              Securities and Exchange Commission, specifically including those risk
              factors contained in the Company’s current report on Form 8-K filed on
              June 16, 2005.

          

    

    For
      the
      foregoing reasons, readers and investors are cautioned that there also can
      be no
      assurance that the outcomes expressed in our forward-looking statements included
      in release will prove to be accurate. In light of the significant uncertainties
      inherent in such forward-looking statements, the inclusion of such information
      should not be regarded as a representation or warranty by the Company or any
      other person that the Company’s objectives and plans will be achieved in any
      specified time frame, if at all. The Company does not undertake any obligation
      to update any forward-looking statements or to announce revisions to any
      forward-looking statements.Exhibit
        10.2

    

    Daniel
      F. Rindos

    30
      Nutmeg Drive

    Trumbull,
      Connecticut 06611

    (203)
      543-0833

    

    

    September
      26, 2006

    

    

    Susan
      Kuhlman, Secretary

    Kuhlman
      Company / SK2, Inc

    701
      North
      Third Street

    Minneapolis,
      Minnesota 55401

    

     

    Dear
      Susan,

    

    Please
      accept this letter as my notice of resignation from the Board of Directors
      of
      the Kuhlman Company. It is with regret that I feel forced to take this action
      but feel that my input and effort as a member of the board has not produced
      the
      desired outcome. I feel comfortable with knowledge that I did the very best
      job
      I was capable of in representing the shareholders and doing all within my power
      to guide the company toward a stable and profitable operation. 

    

    I
      wish
      you and all the other members of the company good luck in the ongoing
      operations, and thank you personally for all your hospitality on my
      visits.

    

    

    Sincerely,

    

     

    Daniel
      F.
      Rindos

     

     

    
      	Cc; 
	
              Scott
                Kuhlman
                
                Luis
                  Padilla

                Jon
                  Sabes

                Chris
                  Larsen

                David
                  FerrisUnassociated Document

    
 

     

    THESE
      SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
      AMENDED. THEY MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, OFFERED FOR SALE, PLEDGED
      OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH
      RESPECT TO THE SECURITIES UNDER SUCH ACT OR AN OPINION OF COUNSEL THAT SUCH
      REGISTRATION IS NOT REQUIRED.

     

    THESE
      SECURITIES ARE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER, DESCRIBED IN A
      SUBSCRIPTION AGREEMENT BETWEEN THE COMPANY AND THE HOLDER OF THESE SECURITIES,
      COPIES OF WHICH ARE AVAILABLE UPON REQUEST FROM THE COMPANY.

     

     

    IDENTICA
      HOLDINGS CORPORATION

     

    FORM
      OF
      8% CONVERTIBLE NOTES, DUE DECEMBER 31, 2007

    

     

    IDENTICA
      HOLDINGS CORPORATION, a Nevada corporation (the "Company"), the principal office
      of which is located at 3675 S. Westshore Blvd. #260, Tampa, FL. 33629-8235
      for
      value received, hereby promises to pay to
      ____________________________________________________________________________,
      or
      registered assigns, the sum of ________________ Dollars ($_______), or such
      lesser amount as shall then equal the outstanding principal amount hereof on
      the
      terms and conditions set forth hereinafter. The principal hereof and any unpaid
      accrued interest hereon, as set forth below, shall be due and payable on
      December 31, 2007. Payment for all amounts due hereunder shall be made by mail
      to the registered address of the Holder. This Note is issued in connection
      with
      the transactions described in that certain Securities Purchase Agreement between
      the Company and the purchaser(s) described therein, dated as of _______________,
      2005 (the "Subscription Agreement"). The Holder of this Note is subject to
      certain restrictions set forth in the Subscription Agreement and shall be
      entitled to certain rights and privileges set forth in the Subscription
      Agreement. This Note is one of the Notes referred to as the "Notes" in the
      Subscription Agreement. The terms and conditions of this Note become effective
      when the Company accepts the sum of _________________ from the Holder.
      Notwithstanding whether the Holder possesses an original or executed copy of
      this Note, the Company waives any objections to the enforceability of this
      Note
      upon acceptance of the sum of ______________ from the Holder.

     

    The
      following is a statement of the rights of the Holder of this Note and the
      conditions to which this Note is subject, and to which the Holder hereof, by
      the
      acceptance of this Note, agrees:

     

    1. Definitions.
      Unless
      the context otherwise requires, certain terms used herein shall be ascribed
      the
      following meanings:

     

    (a) "Company"
      shall mean IDENTICA HOLDINGS CORPORATION, and any corporation which shall
      succeed to or assume the obligations of the Company under this
      Note.

     

    (b) "Holder,"
      when the context refers to a holder of this Note, shall mean any person who
      shall at the time be the registered holder of this Note.

     

    2. Interest.
      Until
      all outstanding principal and interest on this Note shall have been paid in
      full, interest shall be payable from the date of this Note on the outstanding
      principal balance of this Note, in arrears on a quarterly basis at the rate
      of
      eight percent (8%) per annum (the "Initial Interest Rate") or such lesser amount
      of interest as may be required to satisfy legal requirement. Interest is payable
      on the last business day of each quarter beginning June 30, 2006. In the event
      that any portion of the principal amount of this Note is not paid in full when
      such amount becomes due and payable, interest at the Initial Interest Rate
      shall
      continue to accrue on the balance of any unpaid principal until such balance
      is
      paid. The Holder has the option of receiving interest on this Note either in
      cash or shares of the Company's common stock at the Conversion Price described
      in Section 6. Should the Company fail to file a registration statement with
      the
      Securities and Exchange Commission of the United States within the 120 day
      period from the issue date referenced herein the Company shall be subject to
      a
      penalty of 1% per month on the outstanding balance of the Notes as liquidation
      damages.

     

    3. Events
      of Default.
      If any
      of the events specified in this Section 3 shall occur (herein individually
      referred to as an "Event of Default"), the Holder of this Note may, so long
      as
      such condition exists, declare the entire unpaid principal and accrued interest
      hereon immediately due and payable, by notice in writing to the Company, subject
      to Section 16 (?) hereof.

     

    
      
        
        

      

      
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    (a) Default
      in the payment of the principal and interest of this Note when due and payable
      if such default continues for ten (10) business days after such payment is
      due;
      or

     

    (b) The
      institution by the Company of proceedings to be adjudicated as bankrupt or
      insolvent, or the consent by it to institution of bankruptcy or insolvency
      proceedings against it or the filing by it of a petition or answer or consent
      seeking reorganization or release under the federal Bankruptcy Act, or any
      other
      applicable federal or state law, or the consent by it to the filing of any
      such
      petition or the appointment of a receiver, liquidator, assignee, trustee or
      other similar official of the Company, or of any substantial part of its
      property, or the making by it of an assignment for the benefit of creditors,
      or
      the taking of corporate action by the Company in furtherance of any such action;
      or

     

    (c) If,
      within thirty (30) days after the commencement of an action against the Company
      (and service of process in connection therewith on the Company) seeking any
      bankruptcy, insolvency, reorganization, liquidation, dissolution or similar
      relief under any present or future statute, law or regulation, such action
      shall
      not have been resolved in favor of the Company or all orders or proceedings
      thereunder affecting the operations or the business of the Company stayed,
      or if
      the stay of any such order or proceeding shall thereafter be set aside, or
      if,
      within sixty (60) days after the appointment without the consent or acquiescence
      of the Company of any trustee, receiver or liquidator of the Company or of
      all
      or any substantial part of the properties of the Company, such appointment
      shall
      not have been vacated; or

     

    (d) Any
      declared default of the Company under any indebtedness that gives the Holder
      thereof the right to accelerate such indebtedness, and such indebtedness is
      in
      fact accelerated by the Holder, but only if such declared default and
      acceleration would have a material adverse effect on the Company.

     

    This
      Note
      is issued under and pursuant to a Private Placement of Notes and,
      notwithstanding any other provision to the contrary in this Note, the Holder
      agrees that its rights granted hereunder are on parity with interest of the
      other Holders of the Note issued pursuant to the Private Placement of Notes
      and
      the rights, powers, privileges and remedies of the Holder of this Note shall
      be
      on parity with the Holders of other Notes. Notwithstanding any other provision
      of this Note to the contrary, no Holder shall take any action, which would
      cause
      that Holder's interest in the Note to be superior to that of any other Holder.
      Holders of the Notes which represent greater than fifty one percent (51%) of
      the
      outstanding principal balance of the Notes issued pursuant to said Private
      Placement shall have the right to appoint an agent to act on behalf of the
      interests of all Note holders and the actions of this agent shall bind all
      Note
      holders.

     

    4. Negative
      Pledge.
      The
      Company will not create, incur, assume or suffer to exist any new liens,
      security interests or encumbrances of any kind on its assets ("Liens") securing
      new indebtedness, unless the Company shall make effective provision whereby
      this
      Note shall have priority over any other obligation in the new obligation arising
      after the effective date of this Note:

     

    (a) for
      taxes, assessments or governmental charges or levies if the same shall not
      at
      the time be delinquent or thereafter can be paid without penalty, or are being
      contested in good faith and by appropriate proceedings;

     

    (e) arising
      out of deposits to secure public or statutory obligations of the
      Company;

     

    (h) security
      interests outstanding on the date hereof; and

     

    (i) arising
      without the consent of the Company, including, without limitation, zoning
      restrictions, easements, licenses, restrictions on the use of properties or
      minor irregularities in title thereto, which do not materially impair the use
      of
      such properties in the operations of the Company in the ordinary course of
      business or the value of such properties for the purpose of such
      business.

     

    5. Prepayment.
      

     

    (a) By
      Company.
      The
      Notes may be prepaid ("redeemed") at the election of the Company, as a whole
      or
      from time to time in part, at any time, upon not less than thirty (30) days'
      advance written notice, at 100% of the principal amount thereof at the time
      together with accrued interest if the common shares of the Company closing
      price
      is above $.75 for 5 consecutive trading days or more. If less than all the
      Notes
      are to be redeemed, the particular Notes to be redeemed shall be selected by
      the
      Company by lot or other means of random selection. The Company may also provide
      for the selection for redemption of portions (equal to $1,000 or any integral
      multiple thereof) of the principal amount of any Note. Any notice of redemption
      shall state: (1) the date of redemption; (2) the redemption price; (3) if less
      than all outstanding Notes are to be redeemed, the identification (and, in
      the
      case of partial redemption, the principal amounts) of the particular Notes
      to be
      redeemed; and (4) the place or places where Notes are to be surrendered for
      payment of the redemption price. Notice of redemption having been given as
      aforesaid, the Notes so to be redeemed shall, on the redemption date, become
      due
      and payable, and from and after such date such Notes shall cease to bear
      interest. Any redemption payment shall be made within ___ days of the redemption
      date.

     

    
      
        
        

      

      
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    (b) By
      Holder:
      On or
      after June 30, 2006, the Holder shall have the right to require the Company
      to
      purchase all of any portion of the Note for cash on the last business day of
      each month. The Holder shall be required to provide the Company with written
      notice of the Holder's election to have the Note prepaid in any given month
      by
      providing the Company written notice within the first seven (7) business days
      of
      the month for which the Holder desires the Note to be prepaid. The Note shall
      be
      paid within ___ days after receipt of written notice of the Holder’s
      election.

     

    (c) Fundamental
      Change Triggering Prepayment.
      In the
      event of (i) the Company's breach, which is not cured, of the Company's
      covenants and obligations under the Securities Purchase Agreement; (ii) the
      reorganization, merger or consolidation of the Company in which the Company
      is
      not the surviving entity; (iii) upon the dissolution or liquidation of the
      Company; (iv) upon the sale of all or substantially all of the assets of the
      Company, transaction or a series of related transactions; (each of the foregoing
      is referred to herein as a "Fundamental Change"), the Holder will have the
      right, at Holder's option, to require the Company to purchase any or all of
      the
      Note, plus accrued interest thereon, at a cash price equal to 100% of the
      outstanding principal of the Note and accrued interest. The Company will provide
      each Holder with at least 30 days’ prior notice of an event giving rise to a
      Fundamental Change during the 30 day notice period, and the Holder shall have
      the right to convert all or a portion of the Note into shares of the Company's
      Common Stock at the Conversion Price described in Section 6 below. The Note
      shall be paid within ___ days after receipt of written notice of the Holder’s
      election.

     

    6. Conversion.

     

    (a) Voluntary
      Conversion.
      Any
      holder of this Note has the right, at the Holder's option, prior to payment
      in
      full of the principal balance of this Note, to convert this Note in accordance
      with the provisions of Section 6 hereof, in whole or in part, into Common Stock,
      par value $.001 per share (the "Common Stock"). The number of shares of Common
      Stock into which this Note may be converted ("Conversion Shares") shall be
      determined by dividing the aggregate remaining principal balance together with
      all accrued interest to the date of conversion by the Conversion Price (as
      defined below) in effect at the time of such conversion. 

     

    (b) Conversion
      Price.
      The
      Conversion Price shall equal $.35. 

     

    (c) Compliance
      with Securities Laws.
      The
      Holder of this Note, by acceptance hereof, acknowledges that the shares of
      Common Stock to be issued upon conversion thereof are being acquired solely
      for
      the Holder's own account and not as a nominee for any other part, and for
      investment, and that the Holder will not offer, sell or otherwise dispose of
      any
      shares of Common Stock to be issued upon conversion thereof except under
      circumstances that will not result in a violation of the Act (?) or any state
      securities laws. Upon conversion of this Note, the Holder shall, if requested
      by
      the Company, confirm in writing, in a form satisfactory to the Company, that
      the
      shares of Common Stock issued upon conversion are being acquired solely for
      the
      Holder's own account and not as a nominee for any other party, for investment,
      and not with a view toward distribution or resale. All shares of Common Stock
      issued upon conversion thereof shall be stamped or imprinted with a legend
      in
      substantially the following form (in addition to any legend required by state
      securities laws):

    

     

    THE
      SHARES REPRESENTED HEREBY HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN
      REGISTERED UNDER THE SECURITIES ACT OF 1933 AS AMENDED. SUCH SHARES MAY NOT
      BE
      SOLD, ASSIGNED, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED IN THE ABSENCE
      OF
      SUCH REGISTRATION OR UNDER SAID ACT OR OPINION OF COUNSEL THAT SUCH REGISTRATION
      IS NOT REQUIRED. COPIES OF THE AGREEMENT RESTRICTING THE TRANSFER OR SALE OF
      THESE SHARES MAY BE OBTAINED AT NO COST BY WRITTEN REQUEST MADE BY THE HOLDER
      OF
      RECORD HEREOF TO THE SECRETARY OF THE COMPANY AT THE PRINCIPAL EXECUTIVE OFFICES
      OF THE COMPANY.

     

    
      
        
        

      

      
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    7. Mechanics
      and Effect of Conversion.
      No
      fractional shares of Common Stock shall be issued upon conversion of this Note.
      In lieu of the Company issuing any fractional shares to the Holder upon the
      conversion of this Note, the Company shall pay to the Holder the amount of
      outstanding principal and accrued interest that is not so converted, such
      payment to be in the form as provided below. Upon the conversion of this Note
      pursuant to Section 6(a) above, the Holder shall surrender this Note, duly
      endorsed, at the principal office of the Company. At its expense, the Company
      shall, within ___ business days, issue and deliver to such Holder at such
      principal office a certificate or certificates for the number of shares of
      such
      Common Stock to which the Holder shall be entitled upon such conversion (bearing
      such legends as are required by the Subscription Agreement and applicable state
      and federal securities laws in the opinion of counsel to the Company), together
      with any other securities and property to which the Holder is entitled upon
      such
      conversion under the terms of this Note, including a check payable to the Holder
      for any cash amounts payable as described above. Such conversion shall be deemed
      to have been made immediately prior to the close of business on the date of
      such
      surrender of this Note, and the person or persons entitled to receive the shares
      of Common Stock issuable upon such conversion shall be treated for all purposes
      as the record holder or holders of such shares of Common Stock as of such date.
      Upon conversion of this Note, the Company shall be forever released from all
      its
      obligations and liabilities under this Note, except ten (10) days after the
      date
      of such conversion, any interest accrued and unpaid or unconverted to and
      including the date of such conversion.

     

    8. Adjustments
      to Conversion Price.

     

    (a) In
      the
      event the Company should at any time or from time to time after the date of
      issuance hereof fix a record date for the effectuation of a split or subdivision
      of the outstanding shares of Common Stock or the determination of holders of
      Common Stock entitled to receive a dividend or other distribution payable in
      additional shares of Common Stock or other securities or rights convertible
      into, or entitling the holder thereof to receive, directly or indirectly,
      additional shares of Common Stock (hereinafter referred to as "Common Stock
      Equivalents") without payment of any consideration by such holder for the
      additional shares of Common Stock or the Common Stock Equivalents (including
      the
      additional shares of Common Stock issuable upon conversion or exercise thereof),
      then, as of such record date (or the date of such dividend distribution, split
      or subdivision if no record date is fixed), the Conversion Price of this Note
      shall be appropriately decreased so that the number of shares of Common Stock
      issuable upon conversion of this Note shall be increased in proportion to such
      increase of outstanding shares. Additionally, if the Company sells any shares
      (or issues securities with conversion rights) within the next 18 months at
      prices below a $0.35/share conversion price, the Holder’s conversion price then
      is fixed at the same price as the conversion price of the subsequent
      offerings.

     

    (b) If
      the
      number of shares of Common Stock outstanding at any time after the date hereof
      is decreased by a combination of the outstanding shares of Common Stock, then,
      following the record date of such combination, the Conversion Price for this
      Note shall be appropriately increased so that the number of shares of Common
      Stock issuable on conversion hereof shall be decreased in proportion to such
      decrease in outstanding shares.

     

    (c) Upon
      the
      occurrence of each adjustment of the Conversion Price pursuant to this Section
      8, the Company shall promptly compute such adjustment in accordance with the
      terms hereof and prepare and furnish to the Holder a certificate setting forth
      the facts upon which such adjustment is based.

     

    9. Notices
      of Record Date, etc.

     

    (a) In
      the
      event of any taking by the Company of a record of the holders of any class
      of
      securities of the Company for the purpose of determining the holders thereof
      who
      are entitled to receive any dividend (other than a cash dividend payable out
      of
      earned surplus at the same rate as that of the last such cash dividend
      theretofore paid) or other distribution, or any right to subscribe for, purchase
      or otherwise acquire any shares of stock of any class or any other securities
      or
      property, or to receive any other right;

     

    (b) any
      capital reorganization of the Company, any reclassification or recapitalization
      of the capital stock of the Company or any transfer of all or substantially
      all
      of the assets of the Company to any other person or any consolidation or merger
      involving the Company; or

     

    (c) any
      voluntary or involuntary dissolution, liquidation or winding-up of the Company,
      the Company will mail to the holder of this Note, at least fifteen (15) days
      prior to the earliest date specified therein, a notice specifying:

     

    
      
        
        

      

      
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    i. The
      date
      on which any such record is to be taken for the purpose of such dividend,
      distribution or right, and the amount and character of such dividend,
      distribution or right; and

     

    ii. the
      approximate date on which any such reorganization, reclassification, transfer,
      consolidation, merger, dissolution, liquidation or winding-up is expected to
      become effective and the record date for determining stockholders entitled
      to
      vote thereon.

     

    10. Reservation
      of Stock Issuable Upon Conversion.
      The
      Company shall at all times reserve and keep available, out of its authorized
      but
      unissued shares of Common Stock solely for the purpose of effecting the
      conversion of the Notes, such number of its shares of Common Stock as shall
      from
      time to time be sufficient to effect the conversion of the Notes; and if at
      any
      time the number of authorized but unissued shares of Common Stock (and shares
      of
      its Common Stock for issuance on conversion of such Common Stock) shall not
      be
      sufficient to effect the conversion of the entire outstanding principal amount
      of this Note, in addition to such other remedies as shall be available to the
      holder of this Note, the Company will use its best efforts to take such
      corporate action as may, in the opinion of its counsel, be necessary to increase
      its authorized but unissued shares of Common Stock to such number of shares
      as
      shall be sufficient for such purposes.

     

    11. Assignment.
      Subject
      to the restrictions on transfer described in Section 15 below, the rights and
      obligations of the Company and the Holder of this Note shall be binding upon
      and
      benefit the successors, assigns, heirs, administrators and transferees of the
      parties.

     

    12. Waiver
      and Amendment.
      Any
      provision of this Note may be amended, waived or modified upon written approval
      of the Company and the Holders of the majority of the outstanding principal
      amount of all then outstanding Notes issued pursuant to the Subscription
      Agreement.

     

    13. Transfer
      of this Note or Securities Issuable on Conversion Hereof.
      With
      respect to any offer, sale or other disposition of this Note or securities
      into
      which such Note may be converted, the Holder will give written notice to the
      Company prior thereto, describing briefly the manner thereof, together with
      a
      written opinion of Holder's counsel, to the effect that such offer, sale or
      other disposition may be effected without registration or qualification (under
      any federal or state law then in effect). Upon receiving such written notice
      and
      opinion, the Company, within ___ business days, shall notify such Holder that
      such Holder may sell or otherwise dispose of this Note or such securities,
      all
      in accordance with the terms of the notice delivered to the
      Company.

     

    14. Notices.
      Any
      notice, request or other communication required or permitted hereunder shall
      be
      in writing and shall be deemed to have been duly given if personally delivered
      or if telegraphed or mailed by registered or certified mail, or overnight air
      courier, postage prepaid, at the respective addresses of the parties as set
      forth herein. Any party hereto may by notice so given, change its address for
      future notice hereunder. Notice shall conclusively be deemed to have been given
      when personally delivered or when deposited in the mail or with an air courier
      or telegraphed in the manner set forth above and shall be deemed to have been
      received when delivered.

     

    15. No
      Shareholder Rights.
      Nothing
      contained in this Note shall be construed as conferring upon the Holder or
      any
      other person the right to vote or to consent or to receive notice as a
      shareholder in respect of meetings of shareholders for the election of directors
      of the Company or any other matters or any rights whatsoever as a shareholder
      of
      the Company; and no dividends or interest shall be payable or accrued in respect
      of this Note or the interest represented hereby or the Conversion Shares
      obtainable hereunder until, and only to the extent that, this Note shall have
      been converted.

     

    16. Replacement
      of Note.
      On
      receipt of evidence reasonably satisfactory to the Company of the loss, theft,
      destruction or mutilation of this Note, and, in the case of loss, theft or
      destruction, on delivery of an indemnity agreement reasonably satisfactory
      in
      form and substance to the Company or, in the case of mutilation, on surrender
      and cancellation of this Note, the Company at its expense shall execute and
      deliver, in lieu of this Note, a new Note of like tenor and amount.

     

    17. Governing
      Law.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of Nevada excluding that body of law relating to conflict of
      laws.

     

    18. Heading;
      References.
      All
      headings used herein are used for convenience only and shall not be used to
      construe or interpret this Note. Except as otherwise indicated, all references
      herein to Sections refer to Sections hereof.

     

    
      
        
        

      

      
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    IN
      WITNESS WHEREOF, the Company has caused this Note to be issued this ____ day
      of
      ______________, 2005.

     

    

    
      	 	 	
              IDENTICA
                HOLDINGS CORPORATION

            
	 	 	 
	 	 	 
	 	
              By:

            	 
	 	 	 
	 	 	 
	 	
              By:

            	 
	 	 	 
	 	 	 
	 	
              Name
                of Holder:

            	 
	 	 	 
	 	 	 
	 	
              Address:

            	 
	 	 	 
	 	 	  

    

    

    

    
      
        
        

      

      
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