Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Banyan Corporation - Exhibit 10.33

INDEPENDENT CONTRACTOR AGREEMENT 

This independent contractor agreement (the “Agreement”) is
dated as of March 1st, 2007, and is between BANYAN CORPORATION its
subsidiaries and affiliated companies, (collectively referred to as the
“Company”), and WILLOWBROOK CONSULTING LTD., an Alberta Corporation (the
“Independent Contractor”). 

The Independent Contractor and its executives have significant
knowledge of the Company’s businesses and the industries in which they operate.
The Company desires to engage the Independent Contractor to use its knowledge
and experience for strategic planning, operations and advice for the benefit of
the Company, on the terms set forth in this Agreement. 

The parties therefore agree as follows: 

	1. 	Engagement.

	1.1. 	
      Company hereby engages the Independent Contractor to
      perform, as an independent contractor, the duties set forth in this
      Agreement. The Independent Contractor hereby accepts such
    engagement.

	2. 	Term. 

	2.1. 	
      The Term of this Agreement is for a period of two years,
      commencing on the date first written above. Unless sooner terminated in
      accordance with the terms of this Agreement, the initial term of
      engagement under this Agreement commences on the date of this Agreement
      and continues until the second anniversary of the date of this Agreement
      (the "Engagement Period"). The Engagement Period will be extended
      automatically for three additional two year terms. Each extension is
      included in the definition of “Engagement
Period.”

	3. 	Duties. 

	3.1. 	
      During the Engagement Period, the Independent Contractor
      is engaged as consultant to assist the Company in its strategic planning
      as well as operations. The Independent Contractor will devote such time
      and attention to the benefit of the Company as the Independent Contractor
      and the Company mutually agree is sufficient to provide the Company with
      strategic advice and operational assistance in all of the Company’s
      various endeavors for the Company’s benefit and to otherwise provide
      growth strategies to help maximize the Company’s profits. The Company is
      under no obligation to adopt any of the Independent Contractors
      recommendations and may reject them in its sole
  discretion.

	4. 	Compensation.

	4.1. 	
      During the Engagement Period, as the Independent
      Contractor’s compensation, Company or its individual subsidiaries, as the
      case may be, will pay the Independent Contractor the following types of
      compensation:

	 	a. 	Consulting Fee. Company and its
      subsidiaries will pay the Independent Contractor a collective consulting
      fee of CAD$12,000 per month (the "Consulting Fee") paid in installments on
      the 15th and final day of each month. The parties hereby agree
      to have an annual review of this monthly fee and adjust as agreed, failing
      which the matter will be sent to arbitration. 
	 	 	 
	 Bonus.	 	 
	 	 	 
	 	b.	
      Bonus: Company will pay the Independent
      Contractor a monthly bonus. The bonus is equal to 10% of the pre-tax
      profits of all the Premier Companies (defined below). It is payable
      monthly based on profits in each prior month. The first month for which
      the bonus is due is April, 2007, based on profits for March, 2007. Pre-tax
      profits are to be determined based on cash basis accounting using the
      regular bookkeeping methods and QuickBooks software in effect for the
      Premier Companies immediately before February 10, 2006. The Premier
      Companies means the following companies: Premier Medical Group, Inc.,
      Premier Imaging, LLC, Premier Health Services, LLC, Premier Professional
      Services, LLC, Premier SD, LLC, Premier Atlas Services, LLC, Premier
      Integra Services, LLC, Virtual Medical Systems, LLC, Premier National,
      LLC, Century Neurological, Inc., and any other company affiliated with any
      of the above companies that has been or may be formed, that primarily
      provides either mobile diagnostic testing services similar to any of the
      above companies, or that provides proprietary machines or proprietary
      services to permit health care practitioners to conduct their own on-site
      diagnostic services. The Independent Contractor hereby acknowledges that
      there are other similar bonuses to be paid to Cory Gelmon, Michael Gelmon
      and Brad Goldstein (the “Bonused Parties”) pursuant to various other
      agreements, and the Independent Contractor agrees that all such bonuses
      payable shall only be payable at such time as Banyan and Premier can
      reasonably afford to pay these bonuses, and all bonuses to Wilmot and the
      Bonused Parties shall occur concurrently with each other, pari
      passu. 

	 	 	 
	 	c. 	
      Stock Options. Stock options in Banyan
      Corporation (“Banyan”), the owner of the Company, as determined by the
      Banyan Board of Directors, from time to time. 

	4.2. 	Company Benefits.

	 	a. 	
      Cell Phone. Company will provide the
      Independent Contractor with a cell phone and cell service throughout the
      Engagement Period. After the Engagement Period the Independent Contractor
      is entitled to retain the phone and phone number.

	 	 	 
	 	b. 	
      Travel and Other Expenses. The Company will
      reimburse the Independent Contractor for all traveling and other expenses
      actually and reasonably incurred by it in connection with its duties
      hereunder and for all such expenses upon

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request he shall furnish statements,
vouchers or other reasonable substantiation for same to the Company. 

	5. 	
      Confidentiality

	 	 	 
		a. 	
      The Independent Contractor acknowledges that in
      consideration of his engagement with the Company, the Independent
      Contractor will acquire knowledge and/or information about certain matters
      and things which are confidential to the Company and its affiliates,
      whether in the course of or incidental to the Independent Contractor’s
      duties hereunder, and which knowledge or information is the exclusive
      property of the Company and/or its affiliates.

	 	 	 
		b. 	
      The Independent Contractor acknowledges that such
      knowledge and/or information could be used to the detriment of the Company
      and its affiliates. Accordingly, the Independent Contractor hereby agrees
      to treat, in strictest confidence, all such knowledge and/or information
      and agrees not to disclose or authorize disclosure of, same to any third
      party either during or after the term of this Agreement, other than as
      required in the ordinary course of business or by law.

	 	 	 
		c. 	
      The Independent Contractor agrees that all of the
      Company’s records, files, drawings, tapes, documents, tools, equipment
      (except the Independent Contractor’s cell phone) and the like relating to
      the business, work or investigations of the Company and its affiliates,
      and prepared, used or possessed by the Independent Contractor, or under
      the Independent Contractor’s control, during the term of this Agreement
      shall be and remain the sole and exclusive property of the Company and its
      affiliates, as the case may be.

	 	 	 
		d. 	
      Upon the termination of this Agreement, the Independent
      Contractor agrees to deliver within 30 days to the Company and/or its
      affiliates, all such records, files, drawings, tapes, documents, plans,
      tools and equipment.

	 	 	 
		e. 	
      The Independent Contractor represents that he has no
      agreement with or obligation to others in conflict with his obligations
      under this Agreement.

	 	 	 
		f. 	
      Without limitation, confidential information does not
      include information that is at any time: (i) developed independently by
      the Independent Contractor (after he is no longer an independent
      contractor of the Company) or any third party, without using the Company’s
      confidential information; (ii) furnished by the Company (other than by or
      at the direction of the Independent Contractor) to a third party without
      similar restrictions on the third party; (iii) approved for disclosure by
      the Company’s written authorization (other than by or at the direction of
      the Independent Contractor); or (iv) available in the public domain
    or

3 

			 generally known in the health care industry other than
        as a result of the Independent Contractor’s breach of an obligation
        of confidentiality to the Company.

	 	 	 
	 	g. 	 Notwithstanding the foregoing requirements of this Section,
        the Independent Contractor may disclose confidential information, without
        being in breach of this Agreement, for the following purposes: (i) disclosure
        to the Independent Contractor’s legal or other professional advisors,
        but only to the extent reasonably necessary for the Independent Contractor
        to perform, exercise or evaluate any of his rights, obligations or remedies
        hereunder, and further provided that they are directed to keep such information
        confidential; or (ii) to the extent required by applicable law, or pursuant
        to any litigation, arbitration or administrative proceeding, in either
        case in which the failure to so disclose may subject the Independent Contractor
        to sanction, loss of rights, penalty, or other adverse consequences.

	6. 	
      Termination.

	 	 	 
		a. 	
      Termination for Illness or by Notice. In
      the event that the Independent Contractor’s designated employees, as
      approved by the Company, providing services hereunder are prevented by ill
      health from performing their duties hereunder for three (3) consecutive
      months in any calendar year, the Independent Contractor, with the approval
      of the Company may designate other qualified personnel who meet the
      approval of the Company, or the Company, in its reasonable discretion, may
      elect to terminate this Agreement.

	 	 	 
		b. 	
      Termination for Just
  Cause.

i. The Company shall have the right to
terminate the engagement of the Independent Contractor immediately at any time
within 60 days of the applicable terminate event below, if at any time during
the Engagement Period the Independent Contractor shall: 

	 	a. 	
      be guilty of any fraud or dishonest or serious misconduct
      in circumstances that would make it unsuitable to act as an independent
      contractor of the Company;

	 	 	 
	 	b. 	
      commit any serious breach or non-observance of the
      conditions of this Agreement that the Independent Contractor fails to cure
      within 15 days of written request from Banyan; or

	 	 	 
	 	c. 	
      any conduct that materially impugns the reputation of the
      Company.

ii. If the engagement of the
Independent Contractor or any of its key personnel becomes impractical by reason
of their conviction of any criminal offence the Company may terminate the
engagement of the 

4 

Independent Contractor upon written
notice to the Independent Contractor, such notice not being less than 14 days.
iii. Provided that any failure by the Company to exercise its option to
terminate this Agreement pursuant to this subparagraph shall not be deemed to be
a waiver of, or prevent the Company from exercising such option at any
reasonable subsequent time as it is entitled for any subsequent breaches.

iv. If the Company terminates the Independent Contractor without just cause
as defined in this Agreement, or fails to extend the term of the Agreement as
required in accordance with this Agreement, as severance pay, the Company must
pay the Independent Contractor a lump sum payment equal to two years of
Consulting Fees and bonuses, in addition to all other amounts the Company then
owes to the Independent Contractor. 
v. In the event there is a change of
control of the Company, the Independent Contractor can, at its sole discretion,
within 30 days of the date of the change of control, terminate this agreement on
60 days written notice and be entitled to a payout of two years of Consulting
Fees and bonuses. 

	 	c. 	Termination by the Independent
      Contractor. 

The Independent Contractor shall have
the right to terminate this Agreement forthwith upon the occurrence of any one
or more of the following events: 

	 	i. 	
      If the Company becomes insolvent or adjudicated
      bankrupt;

	 	 	 
	 	ii. 	
      Upon commencement of proceedings for the dissolution of
      the Company; or

	 	 	 
	 	iii. 	
      Any breach or non-observance of the terms or conditions
      of this agreement or any other agreement between the Independent
      Contractor, on the one hand, and the Company, or any of their respective
      affiliates, on the other hand, that is either not curable or is not cured
      within 30 days of request.

	 	 	 
	 	iv. 	
      At its sole discretion, upon sixty (60) days written
      notice to the Company.

	7. 	
      The Independent Contractor Status

	 	 
	7.1. 	
      This Agreement does not create a fiduciary relationship
      between the parties. The Independent Contractor is an independent
      contractor, and nothing in this Agreement is intended to designate either
      party joint venturer or partner of the other for any purpose.

	 	 
	8. 	
      General Provisions.

	 	 
	8.1. 	
      Binding Effect. All of the terms and
      provisions of this Agreement—whether so expressed or not—are binding upon,
      inure to the benefit of, and are enforceable by

5 

		
      the parties and their respective personal
      representatives, legal representatives, heirs, successors and permitted
      assigns.

	 	 
	8.2. 	
      Jurisdiction and Venue. The parties
      acknowledge that a substantial portion of negotiations, anticipated
      performance and execution of this Agreement occurred or shall occur in
      Calgary, Canada, and that, therefore, each of the parties irrevocably and
      unconditionally: (a) agrees that any suit, action or legal proceeding
      arising out of or relating to this Agreement shall be brought in the
      courts of record of the Province of Alberta; (b) consents to the
      jurisdiction of each such court in any such suit, action or proceeding;
      (c) waives any objection which it may have to the laying of venue of any
      such suit, action or proceeding in any of such courts; and (d) agrees that
      service of any court paper may be effected on such party by mail, as
      provided in this Agreement, or in such other manner as may be provided
      under applicable laws or court rules in Province of Alberta.

	 	 
	8.3. 	
      Notices. All notices, requests, demands,
      consents and other communications required or permitted under this
      Agreement shall be in writing and shall be (as elected by the person
      giving such notice) hand delivered by messenger or courier service,
      telecommunicated, or mailed (airmail if international) by registered or
      certified mail (postage prepaid), return receipt requested, addressed
      to:

	 	Willowbrook Consulting Ltd. 
	 	7 Snowberry Gate 
	 	Calgary, Alberta T3Z 3C2 
	 	  
	 	  
	 	  
	 	  
	 	Banyan Corporation 
	 	505 Elbow Drive SW, Suite 270 
	 	Calgary, AB T2S 2T6, Canada

or to such other address as any party
may designate by notice complying with the terms of this Section. Each such
notice shall be deemed delivered: (a) on the date delivered if by personal
delivery; (b) on the date of transmission with confirmed answer back if by
telefax or other telecommunication method; or (c) on the date upon which the
return receipt is signed or delivery is refused or the notice is designated by
the postal authorities or courier service as not deliverable, as the case may
be, if mailed or couriered. 

	8.4. 	
      Counterparts. This Agreement may be
      executed in one or more counterparts, each of which shall be deemed an
      original, but all of which together shall constitute one and the same
      instrument. Delivery of execution by telecopy facsimile signature page
      shall be binding upon any party so telecopying.

	 	 
	8.5. 	
      Survival. All payment obligations that
      accrue during the Engagement Period (including any right of the
      Independent Contractor to a bonus and damages for
any

6 

breach), and the terms of Section 5
hereof continue in full force and effect subsequent to and notwithstanding the
Agreement's expiration or termination and until they are satisfied or by their
nature expire. 

	8.6. 	
      Amendments. The provisions of this
      Agreement may not be amended, supplemented, waived or changed orally, but
      only by a written document signed by the party as to whom enforcement of
      any such amendment, supplement, waiver or modification is sought and
      making specific reference to this Agreement.

	8.7. 	
      Severability. If any provision of this
      Agreement or any other agreement entered into pursuant hereto is contrary
      to, prohibited by or deemed invalid under applicable law or regulation,
      such provision shall be inapplicable and deemed omitted to the extent so
      contrary, prohibited or invalid, but the remainder hereof shall not be
      invalidated thereby and shall be given full force and effect so far as
      possible. If any provision of this Agreement may be construed in two or
      more ways, one of which would render the provision invalid or otherwise
      voidable or unenforceable and another of which would render the provision
      valid and enforceable, such provision shall have the meaning which renders
      it valid and enforceable.

	8.8. 	
      Entire Agreement. This Agreement represents
      the entire understanding and agreement between the parties with respect to
      the subject matter hereof, and supersedes all other negotiations,
      understandings and representations if any made by and between the parties.
      No representations, inducements, promises or agreements, oral or
      otherwise, if any, not embodied herein shall be of any force and
      effect.

	8.9. 	
      Governing Law. This Agreement and all
      transactions contemplated by this Agreement shall be governed by, and
      construed and enforced in accordance with, the internal laws of the
      Province of Alberta, Canada without regard to principles of conflicts of
      laws.

	8.10. 	
      Indemnity. The Company hereby indemnifies
      the Independent Contractor, and all of its employees, for all items that
      arise in discharging its duties and activities as called for pursuant to
      the terms of this Agreement or as called for in the ordinary course of
      business of the Company or its subsidiaries. The Company agrees that it is
      and shall be liable for, and does hereby indemnify and save the
      Independent Contractor of, from and against any and all liabilities,
      losses, costs, damages, solicitor's or attorneys fees and disbursements
      "on a solicitor and his own client basis" with right of full indemnity,
      claims, causes of action, actions, obligations, suits, proceedings, fines,
      penalties and expenses of whatever kind or nature (including direct
      losses, costs, fees, disbursements, damages and expenses of the
      Independent Contractor), which the Independent Contractor may suffer,
      sustain, incur, pay or be liable for, arising out of, relating to in
      consequence of or in any way connected to this Agreement or in the
      discharge of its duties for the Company or any of its subsidiaries.
  

 

7 

The undersigned are entering this Agreement on the date stated
in the first paragraph of this Agreement. 

	             
         BANYAN CORPORATION 	WILLOWBROOK CONSULTING 
	  	LTD. 
	  	  
	  	  
	  	  
	  	  
	Per: _________________________________	Per: ______________________________ 

8Filed by Automated Filing Services Inc. (604) 609-0244 - Banyan Corporation - Exhibit 27

	Noel E. Guardi, Attorney at Law
	99 ROCKY RIDGEROAD, P.O. BOX 381 
	PINECLIFFFE, CO 80471 
	TELEPHONE 303-969-8886 
	FAX: 303-969-8887 
	SECLAWYER@IONSKY.COM 
	  
	  
	December 5, 2006 

	Mr. Michael Gelmon, Chief Executive Officer 
	Mr. Cory Gelmon, President and Chief Financial Officer
  
	Banyan Corporation 
	Suite 207, 5005 Elbow Drive S.W. 
	Calgary, Alberta, Canada T2S 2T6 

	Re: 	Legal Service Agreement for 2007

Dear Messrs. Gelmon: 

          You
  have asked me to provide legal consulting services to Banyan Corporation (the
  “Company“) and to represent it in connection with certain securities
  and corporate matters, including, but not limited to compliance with the periodic
  reporting and beneficial ownership reporting requirements of the federal securities
  laws and the United States Securities Exchange Commission as appropriate, and
  such other matters as your may request from time to time, during the 2007 calendar
  year. 

          You
  have asked me to propose an arrangement under which I would function as a virtual
  in-house counsel for purposes of compliance requirements and related matters
  with fees pursuant to a payment schedule. I have prepared this summary of our
  agreement for your approval. 

          The
  schedule attached hereto sets forth the Company’s requirements for the
  2007 calendar year. Professional services necessary to complete these items
  are included in the fees described below. By my estimate, the matters within
  these requirements will take approximately 180 hours to complete. Fees for legal
  consulting services for such matters are $36,000 at $200.00 per hour, a discount
  of 20% from my prevailing rate, for all matters on the schedule. For matters
  on the schedule there will be no charges for the assistance of non-legal professional
  staff. 

          I
  propose to reduce the cash portion of fees for matters on the schedule and accept
  compensation in the form of 6,000,000 shares of Common Stock (the “Shares”)
  to be treated as an earned retainer towards the $36,000 fixed fee set forth
  above in an amount to be determined upon the sale of shares. Receipt of the
  earned retainer is hereby acknowledged. 

          From
  time to time, the Shares and/or the proceeds from the sale of the Shares shall
  be applied from trust to the balance due for professional fees and disbursements.
  To the extent the proceeds from the sale of the Shares exceed the balance due
  for 

	Legal Service Agreement 
	Banyan Corporation 
	December 5, 2006 
	Page 2 

professional fees and disbursements, such excess shall be held
in trust for the benefit of the Company. To the extent the proceeds from the
sale of the Shares do not exceed the balance due for professional fees and
disbursements the difference shall remain outstanding. 

          Not
  included in the scope of the work covered by the foregoing fee schedule are:

          1.
  Registration statements (To be billed at not more than 1.0% of the gross offering
  proceeds subject to a $4,000 minimum, $30,000 maximum). 

          2.
  Securities purchase agreements and loan agreements requiring a formal legal
  opinion to be issued to the investor or lender. (To be billed at not more than
  0.5% of the gross offering proceeds subject to a $2,000 minimum, $15,000 maximum).

          3.
  Proxy statement and annual meeting documents and attendance (Hourly basis subject
  to a maximum of $6,000).

          4.
  Merger and acquisition negotiation and document drafting. 

          5.
  Rule 144 opinions on behalf of sellers. 

          6.
  Franchise work. 

          7.
  Human resources matters. 

          8.
  Litigation and legal proceedings of any kind. 

          For
  the foregoing matters not included in the scope of the fixed fees and payment
  plan, and except as set forth above, you agree to pay hourly fees for legal
  consulting services rendered and the assistance of non-legal professional staff
  at the rates of two hundred dollars ($200.00) and thirty dollars ($40.00), respectively,
  per hour expended on your behalf, to be billed in arrears. 

          Any
  advances paid hereunder will be held in a trust account for your benefit and
  applied to hourly fees and disbursements, as set forth below, as they are incurred.

          You
  also agree to pay for disbursements. Disbursements include, among other things,
  delivery and airfreight charges, postage, photocopying costs, court costs, computer
  research time, long distance telephone charges, and other costs and expenses
  advanced on your behalf. In some instances, costs may be billed directly to
  you or requested in advance and not advanced by me. 

          I
  agree that my fees shall be reasonable, and that any transaction in which I
  acquire an interest in the Company and the terms thereof shall be fair and reasonable
  to 

	Legal Service Agreement 
	Banyan Corporation 
	December 5, 2006 
	Page 3 

the Company. It is possible that the compensation I may realize
from the sale of the Company’s stock issued thereunder may be materially greater
or less than if I were compensated in cash solely at an hourly rate. 

          I
  will render periodic statements to you reflecting the balance due for professional
  fees and disbursements from time to time. The balance due shall be payable upon
  receipt of the statement. 

          In
  offering to represent the Company on the basis set forth above, I reasonably
  believe that my representation will not be materially limited by my own interests,
  in particular, my interest in the price of the Company’s stock and the
  possible effect thereon of the course or outcome of matters in which I represent
  the Company. 

          The
  use of independent counsel may be advisable in entering into this legal service
  agreement and in connection with the issuance of shares hereunder. You have
  a reasonable opportunity to seek the advice of such independent counsel and
  have consented to my representation thereafter. 

          I
  agree to represent the Company zealously and with undivided loyalty at all times.
  I do not, and will not, represent, in any matter involving the Company, any
  individual director, officer, employee or shareholder of the Company. 

          I
  agree to use my best efforts to perform all services required in connection
  with my engagement in a professional, competent and timely manner. You acknowledge
  that such performance depends, in part, upon the prompt receipt of documentation,
  information, authorizations and instructions from you, your prompt review and
  execution of documents, and your cooperation in general. 

          You
  may terminate my engagement at any time for any reason. I may terminate the
  engagement by notifying you in writing if you fail to pay as agreed or do not
  cooperate with me or for any other just reason. In the event of termination
  of this agreement, I will promptly remit a statement indicating the then current
  balance due or remit the credit balance, if any, in your account. 

          I
  appreciate your confidence and look forward to working with you. If the foregoing
  correctly sets forth our understanding, please sign and return the enclosed
  copy of this letter. 

	 	Very truly yours, 
	 	 
	 	/s/ Noel E. Guardi 
	 	 
	 	Noel E. Guardi, Esq. 

	Legal Service Agreement 
	Banyan Corporation 
	December 5, 2006 
	Page 4 

Agreed to and accepted this 5th day of December 2006. 

	 	BANYAN CORPORATION 
	 	  
	 	  
	 	/s/
      Michael Gelmon 
	 	Michael Gelmon, Chief Executive Officer 
	 	  
	 	/s/
      Cory Gelmon 
	 	Cory Gelmon, President and 
	 	Chief Financial Officer

	Noel E. Guardi, Attorney at
      Law 
	  99 ROCKY RIDGE ROAD,
      P.O. BOX 381   
	  PINECLIFFE, COLORADO
      80471   
	  TELEPHONE: 303-969-8886  
    
	  FAX:303-969-8887  
    
	  SECLAWYER@IONSKY.COM  
    

February 27, 2007

Mr. Cory Gelmon, President and Chief Financial Officer

  Banyan Corporation

  Suite 207, 5005 Elbow Drive S.W.

  Calgary, Alberta, Canada T2S 2T6 

	Re: 	Amendment to Legal Service Agreement for 2007 

Dear Mr. Gelmon: 

          You
  have asked me to provide legal consulting services to Banyan Corporation (“you”
  or the “Company“) and to represent it in connection with certain
  securities and corporate matters, including, but not limited to compliance with
  the periodic reporting and beneficial ownership reporting requirements of the
  federal securities laws and the United States Securities Exchange Commission
  as appropriate, and such other matters as your may request from time to time,
  during the 2007 calendar year. The terms of this engagement are set forth in
  that certain Legal Service Agreement for 2007, dated December 5, 2006. In addition,
  you would like to make a remittance for a balance due for professional services
  related to SEC reporting and related matters pursuant to our legal service agreement.
  To avoid misunderstandings, I have prepared this summary of our agreement for
  your approval.

          Receipt
  by the undersigned of 6,000,000 shares (the “Shares”) as of January
  1, 2007 pursuant to the legal service agreement is acknowledged.

          Upon
  signing of this agreement, a fee of 30,000,000 shares of the Company’s
  Common Stock, no par value (the “Additional Shares”) shall become
  due and payable. The Company shall file promptly a Registration Statement on
  Form S-8 with the United States Securities Exchange Commission to cover the
  resale of the Additional Shares to the public. Promptly after the effective
  date of said registration statement, the Additional Shares will be delivered
  without restrictive legend as designated. The Company will bear the costs of
  the registration and issuance of the Additional Shares. 

          From
  time to time, the Shares, the Additional Shares and/or the proceeds therefrom
  shall be applied from trust to the balance due for professional fees and disbursements,
  including the balance due for professional fees and disbursements incurred prior
  to the date hereof. To the extent the Shares, the Additional Shares and the
  proceeds from the Shares and Additional Shares exceed the balance due for professional

	Mr. Cory Gelmon 
	Banyan Corporation 
	February 27, 2007 
	Page 2 

fees and disbursements, such excess shall be held in trust for
  the benefit of the Company. To the extent the Shares, the Additional Shares
  and the proceeds therefrom do not exceed the balance due for professional fees
  and disbursements the difference shall remain outstanding. 

          I
  appreciate your confidence and look forward to working with you. If the foregoing
  correctly sets forth our understanding, please sign and return the enclosed
  copy of this letter. 

	 	Very truly yours, 
	 	 
	 	/s/ Noel E. Guardi 
	 	 
	 	Noel E. Guardi, Esq. 

          Agreed
  to and accepted this 27th day of February 2007.

	 	BANYAN CORPORATION 
	 	 
	 	/s/ Cory Gelmon 
	 	 
	 	Cory Gelmon, President and Chief Financial 
	 	             
                 Officer

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