Document:

Exhibit
10.6

    

     

    STOCK
OPTION AGREEMENT

    

    THIS STOCK OPTION AGREEMENT
(“Agreement”)
is made and entered into as of November 18, 2008, by and between Future Energy
Solutions, Inc., a New York corporation (the “Company”),
and the following consultant to the Company (herein, the “Optionee”):
Charles Laloggia

    

    A.           The
Company is a developer of wind turbine power generator technology and is in its
development phase.

    

    B.           
Since July 2008, the Optionee has provided consulting services to the Company in
connection with its management structure and business development and product
marketing strategies and has arranged to continue to provide consulting services
to the Company over the next year during its development stage.

    

    In
consideration of the foregoing, the services provided and to be provided, and
the covenants set forth in this Agreement, the parties agree as
follows:

    

    1. Option
Information.

    

    (a)           Date
of Option: November 18, 2008

    

    (b)           Optionee:
Charles Laloggia

    

    (c)           Number
of Shares: 166,500

    

    (d)           Exercise
Price: $1.00 per share

    

    2. Acknowledgments.

    

    (a)           Optionee
is an independent consultant to the Company, not an employee.

    

    (b)           The
Board of Directors has authorized the granting to Optionee of a stock option
(“Option”)
to purchase shares of common stock of the Company (“Common
Stock”) upon the terms and conditions hereinafter stated.

    

    3. Shares; Price.  The
Company hereby grants to Optionee the right to purchase, upon and subject to the
terms and conditions herein stated, the number of shares of Common Stock set
forth in Section 1(c) above (the “Shares”)
at the price per Share set forth in Section 1(d) above (the “Exercise
Price”), the fair market value per share of the Shares covered by this
Option as determined by the Board of Directors in good faith as of the date of
this Option.

    

    4. Term of
Option.  This Option shall expire, and all rights under it to
purchase the Shares, shall terminate at 5:00p.m. Eastern Time on November 18,
2011, unless terminated earlier pursuant to the terms hereof.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    5. Exercise.

    

    (a)           This
Option shall be exercised by delivery to the Company of (a) a written notice of
exercise stating the number of Shares being purchased (in whole shares only) and
such other information set forth on the form of Notice of Exercise attached to
this Agreement as Appendix
A, (b) a check or cash in the amount of the Exercise Price of the Shares
covered by the notice (or such other consideration as has been approved by the
Board of Directors) and (c) a written investment representation as provided for
in Section 10 of this Agreement.

    

    (b)           This
Option shall not be assignable or transferable, except by will or by the laws of
descent and distribution or by gift or domestic relations orders to the
Optionee’s Family Members who agree to be bound by the terms of this Agreement.
For purposes of this Agreement, “Family Member” includes any child, stepchild,
grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling,
niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law,
brother-in-law, or sister-in-law, including adoptive relationships, any person
sharing the employee's household (other than a tenant or employee), a trust in
which these persons have more than fifty percent of the beneficial interest, a
foundation in which these persons (or the employee) control the management of
assets, and any other entity in which these persons (or the employee) own more
than fifty percent of the voting interests.

    

    6. No Rights as
Shareholder.  Optionee shall have no rights as a shareholder
with respect to the Shares covered by this Option until the effective date of
the issuance of shares following exercise of this Option, and no adjustment will
be made for dividends or other rights for which the record date is prior to the
date such stock certificate or certificates are issued except as provided in
Section 7 of this Agreement.

    

    7. Recapitalization.

    

    (a)           Subject
to any required action by the shareholders of the Company, the number of Shares
covered by this Option, and the Exercise Price thereof, shall be proportionately
adjusted automatically for any increase or decrease in the number of issued
shares resulting from a subdivision or consolidation of shares or the payment of
a stock dividend, or any other increase or decrease in the number of such shares
effected without receipt of consideration by the Company; provided however that
the conversion of any convertible securities of the Company shall not be deemed
to have been “effected without receipt of consideration by the
Company.”

    

    (b)           In
the event of a proposed dissolution or liquidation of the Company, a merger or
consolidation in which the Company is not the surviving entity, or a sale of all
or substantially all of the assets or capital stock of the Company
(collectively, a “Reorganization”),
this Option shall terminate upon to the consummation of the proposed action,
unless otherwise provided by the Board in its sole and absolute discretion,
provided that the Company gives Optionee ninety (90) days notice prior to
consummation.

     

    
      
         

      

      
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    (c)           Subject
to any required action by the shareholders of the Company, if the Company shall
be the surviving entity in any merger or consolidation, this Option thereafter
shall pertain to and apply to the securities to which a holder of Shares equal
to the Shares subject to this Option would have been entitled by reason of the
merger or consolidation.

    

    (d)           The
grant of this Option shall not affect in any way the right or power of the
Company to make adjustments, reclassifications, reorganizations or changes in
its capital or business structure or to merge, consolidate, dissolve or
liquidate or to sell or transfer all or any part of its business or assets,
provided that the Company gives Optionee at least sixty (60) days
notice.

    

    8. Taxation Upon Exercise of
Option.  Optionee understands that, upon exercise of this
Option, Optionee will recognize income, for Federal and state income tax
purposes, in an amount equal to the amount by which the fair market value of the
Shares, determined as of the date of exercise, exceeds the Exercise Price. The
acceptance of the Shares by Optionee shall constitute an agreement by Optionee
to report such income in accordance with then applicable law and to cooperate
with Company in establishing the amount of such income and corresponding
deduction to the Company for its income tax purposes.

    

    9. Modification, Extension and Renewal
of Options.  The Board of Directors or a Committee thereof may
modify, extend or renew this Option or accept its surrender (to the extent not
yet exercised) and authorize the granting of a new option in substitution for it
(to the extent not yet exercised), subject at all times to the Internal Revenue
Code and New York law.  Notwithstanding the provisions of this Section
9, no modification shall, without the consent of the Optionee, alter to the
Optionee's detriment or impair any rights of Optionee hereunder.

    

    10. Investment Intent; Restrictions on
Transfer; Registration Rights.

    

    (a)           No
later than February 15, 2009, the Company will file a registration statement
with the Securities and Exchange Commission on Form S-1 or Form S-8 covering the
Shares subject to this Option in favor of the Optionee and his assigns, and
following the effectiveness the Company will provide an opinion of counsel
stating that such Shares may be traded without restriction, under the federal
securities law to the extent required by the Company’s transfer
agent.

    

    (b)           Optionee
represents and agrees that if Optionee exercises this Option in whole or in
part, Optionee will in each case acquire the Shares upon such exercise for the
purpose of investment and not with a view to, or for resale in connection with,
any distribution thereof; and that upon the exercise of this Option in whole or
in part, Optionee (or any person or persons entitled to exercise this Option
under the provisions of Section 5 of this Agreement) shall furnish to the
Company a written statement to such effect, satisfactory to the Company in form
and substance.

    

    (c)           Optionee
further represents that Optionee has had access to the financial statements or
books and records of the Company, has had the opportunity to ask questions of
the Company concerning its business, operations and financial condition.
Optionee further represents to obtain additional information reasonably
necessary to verify the accuracy of such information, and further represents
that Optionee (either alone or in conjunction with his or her professional
advisers) has such experience in and knowledge of investment, financial and
business matters with respect to investments similar to the stock of the Company
that Optionee is capable of evaluating the merits and risks thereof and has the
capacity to protect his or her own interest in connection
therewith.

    
      
         

      

      
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    (d)           Unless
and until the Shares represented by this Option are registered under the
Securities Act of 1933, as amended ("Securities
Act"), all certificates representing the Shares and any certificates
subsequently issued in substitution therefor and any certificate for any
securities issued pursuant to any stock split, share reclassification, stock
dividend or other similar capital event shall bear legends in substantially the
following form:

    

    “THESE
SECURITIES HAVE NOT BEEN REGISTERED OR OTHERWISE QUALIFIED UNDER THE SECURITIES
ACT OF 1933 (THE “SECURITIES
ACT”) OR UNDER THE APPLICABLE SECURITIES LAWS OF ANY STATE. NEITHER THESE
SECURITIES NOR ANY INTEREST THEREIN MAY BE SOLD, TRANSFERRED, PLEDGED OR
OTHERWISE DISPOSED OF IN THE ABSENCE OF REGISTRATION UNDER THE SECURITIES ACT OR
ANY APPLICABLE SECURITIES LAWS OF ANY STATE, UNLESS PURSUANT TO EXEMPTIONS
THEREFROM.”

    

    The
certificates shall bear such other legend or legends as the Company and its
counsel deem necessary or appropriate. Appropriate stop transfer instructions
with respect to the Shares have been placed with the Company's transfer
agent.

    

    (e)           No
later than December 15, 2008, the Company will file a Form 10 Registration
Statement with the Securities and Exchange Commission to register its class of
common stock under the Securities Exchange Act of 1934, as amended.

    

    11. Confidentiality; Non-Solicitation;
Intellectual Property.  As a material inducement to the Company
to grant this Option and to enter into this Agreement, the Optionee hereby
expressly agrees to be bound by the following covenants, terms and
conditions:

    

    (a)           During
the course of the Optionee's relationship with the Company or any of its
affiliates, the Optionee has had, and will have, access to Confidential
Information relating to the Company and its affiliates and their respective
suppliers, partners and customers. The Optionee agrees to keep secret and retain
in strictest confidence all of such Confidential Information, and will not
disclose, disseminate or use such information for the Optionee's own advantage
or for the advantage of any other person or entity other than the Company in
accordance with the terms of the Optionee's employment or relationship with the
Company.  In the event disclosure of any such Confidential Information
is required or purportedly required by law, the Optionee will provide the
Company with prompt notice of any such requirement so that the Company may seek
an appropriate protective order prior to disclosure.

     

    
      
         

      

      
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    (b)           In
the event that the Optionee as part of his activities on behalf of the Company
generates, creates, authors or contributes to any invention, design, new
development, device, product, method or process (whether or not patentable or
reduced to practice or constituting Confidential Information), any copyrightable
work (whether or not constituting Confidential Information) or any other form of
Confidential Information relating directly or indirectly to the Company's
business (including anything that has occurred since the first date Optionee
provided services to the Company), the Optionee acknowledges that such
Intellectual Property is the exclusive property of the Company and hereby
assigns all right, title and interest in and to such Intellectual Property to
the Company.  Any copyrightable work prepared in whole or in part by
the Optionee is and will be deemed “a work made for hire” under Section 201(b)
of the 1976 Copyright Act, and the Company shall own all of the rights comprised
by the copyright therein.  The Optionee shall promptly and fully
disclose all Intellectual Property to the Company and shall cooperate with the
Company to protect the Company's interests in and rights to such Intellectual
Property (including, without limitation, providing reasonable assistance in
securing patent protection and copyright registrations and executing all
documents as reasonably requested by the Company, whether such requests occur
prior to or after termination of the Optionee's employment with the
Company).  Notwithstanding the Date of Option or anything else herein
to the contrary, the provisions of this Section 11(b) shall be deemed to be
effective as of and apply to all matters occurring since the first date Optionee
provided services to the Company.

    

    (c)           As
requested by the Company from time to time for any reason, the Optionee shall
promptly deliver to the Company all copies and embodiments, in whatever form, of
all Confidential Information and Intellectual Property in the Optionee's
possession or within his control (including, but not limited to, written
records, notes, photographs, manuals, notebooks, documentation, program
listings, flow charts, magnetic media, disks, diskettes, tapes and all other
materials containing any Confidential Information or Intellectual Property)
irrespective of the location or form of such material and, if requested by the
Company, shall provide the Company with written confirmation that all such
materials have been delivered to the Company.

    

    (d)           The
Optionee acknowledges that in the event the Optionee violates any provisions of
this Section 11, in addition to its other rights and remedies, the Company shall
be entitled to injunctive relief without the necessity of proving actual
damages.  The Optionee further acknowledges that if any provision of
this Section 11 is held to be unenforceable, the court making such holding shall
have the power to modify such provision and in its modified form such provision
shall be enforced.

    

    (e)           Without
in any way limiting the provisions of this Section 11, the Optionee further
acknowledges and agrees that the provisions of this Section 11 shall remain
applicable in accordance with their terms after the termination or cessation of
services to the Company or exercise or termination of the Option.

     

    
      
         

      

      
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    (f)           “Confidential
Information” means information or material proprietary to the Company or
designated as Confidential Information by Company and not generally known by
non-Company personnel, which the Optionee develops, or of which Optionee obtains
knowledge, or to which the Optionee may obtain access, through or as a result
of, the Optionee's relationship with the Company (including information
conceived, originated, discovered or developed in whole or in part by the
Optionee).  Confidential Information includes, but is not limited to,
the following types of information and other information of a similar nature
(whether or not reduced to writing): discoveries, ideas, concepts, software in
various stages of development, designs, drawings, specifications, techniques,
models, data, source code, object code, data structures, instruction sets,
documentation, diagrams, flow charts, research, development, training methods,
training manuals, processes, procedures, “know-how”, marketing techniques and
materials, marketing and development plans, customer names and other information
related to customers, price lists, pricing policies and financial
information.  Confidential information also includes any information
described above which the Company obtains from other entities and which the
Company treats as proprietary or designates as Confidential Information, whether
or not owned or developed by the Company.  Notwithstanding the
foregoing, information publicly known that is generally employed by the trade at
or after the time Optionee first learns of such information, or generic
information or knowledge which associate would have learned in the course of
similar employment or work elsewhere in the trade, shall not be deemed part of
the confidential information.

    

    (g)           “Intellectual
Property” shall mean those forms of authorship (as understood from Title 17 of
the United States Code), invention (as understood by Title 35 of the United
States Code) and identification (as understood from Title 15 of the United
States Code Section 1051 et seq., trademarks and service marks) and such other
forms of property rights in ideas, “know how”, inventions, discoveries, or in
their physical embodiments as shall related to or involve the Company's business
or any of its products, services or strategies.

    

    12. Notices.  Any notice
required to be given pursuant to this Option or the Plan shall be in writing and
shall be deemed to be delivered upon receipt or, in the case of notices by the
Company, three days after deposit in the U.S. mail, postage prepaid, addressed
to Optionee at the address last provided by Optionee for use in Company records
related to Optionee.

    

    13. Applicable
Law.  This Option has been granted, executed and delivered in
the State of New York, and the interpretation and enforcement shall be governed
by the laws thereof and subject to the exclusive jurisdiction of the courts
therein.

    

    14. Entire
Agreement.  This Agreement constitutes the entire agreement
between the parties with respect to the subject matter hereof and controls and
supersedes any prior understandings, agreements or representations by or between
the parties, written or oral with respect to its subject matter.

     

    [SIGNATURE PAGE
FOLLOWS]

     

    
      
         

      

      
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    IN WITNESS WHEREOF, the
parties hereto have executed this Option as of the date first above
written.

     

    
      
        
          
            
              	
                      FUTURE
      ENERGY SOLUTIONS, INC.

                    
	 
      
	
                      /s/ Gerald Brock 

                    
	
                      By:
      Gerald Brock

                    
	
                      Title:  President

                    
	 
      
	
                      Optionee

                    
	 
      
	
                      /s/ Charles Laloggia

                    
	
                      Name:
      457 Park Avenue

                    
	
                      Address:
      Rochester, NY
      14607

                    
	 

            

          

        

      

    

     

    
      
         

      

      
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    APPENDIX
A

    

    NOTICE
OF EXERCISE OF STOCK OPTION

    

    To:          Future
Energy Solutions, Inc.

    

    The undersigned is a holder of a stock
option (the “Option”)
to purchase shares of Future Energy Solutions, Inc. (the “Company”)
Common Stock, $.001 par value (the “Common
Stock”), issued pursuant to a Future Energy Solutions, Inc. Stock Option
Agreement dated as of ________________ (the “Agreement”).  A
copy of the Agreement evidencing such Option is annexed hereto.

    

    The undersigned hereby elects to
purchase ____________ shares of Common Stock pursuant to the terms of such
Option (the “Option
Shares”), and tenders herewith payment in full in the amount of $________
per share, for a total purchase price of $_______________, with the payment of
the purchase price being made in the form of _____________________, pursuant to
Section 5 of the Agreement.  The undersigned wishes to consummate the
purchase of the Option Shares by or before ________________.

    

    In exercising his Option, the
undersigned hereby confirms and acknowledges that he is acquiring Option Shares
for his own account for investment and not with a view to, or for sale in
connection with, the resale or distribution of any such shares.  The
undersigned also confirms and acknowledges that he will not sell or transfer any
Option Shares acquired pursuant to the exercise of the Option until he requests
and receives an opinion of the Company's counsel to the effect that such
proposed sale or transfer will not result in a violation of the Securities Act
of 1933, as amended, or any applicable state securities law, or a registration
statement covering the sale or transfer of the Option Shares has been declared
effective by the Securities and Exchange Commission or appropriate state
governmental authority, or he obtains a no-action letter from the Securities and
Exchange Commission or appropriate state governmental authority with respect to
the proposed transfer.

    

    The undersigned acknowledges and agrees
that this purported exercise of the Option is conditioned on, and subject to,
(a) any compliance with requirements of applicable federal and state securities
laws deemed necessary by the Company, (b) to the undersigned's satisfaction of
all federal, state or local income and employment tax withholding requirements
applicable to this exercise.

    

    Please issue a certificate or
certificates representing said Option Shares in the name of the undersigned or
in such other name as is specified below.  If the Option Shares are
being issued to any person other than the Optionee, evidence of the right of
such person to exercise the Option has been presented to the Company and has
been deemed satisfactory:

     

    
      
        
          
            
              
                
                  	 
      	 
      
	 
      	
                          Name

                        
	
                          Address:

                        	 
      
	 
      	 
      
	 
      	 
      
	 
      	 
      
	 
      	
                          Social
      Security Number

                        
	 
      	 
      
	
                          Date:

                        	 
      

                

              

            

          

        

      

    

     

    
      
         

      

      
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    SCHEDULE
TO EXHIBIT 10.6 – FORM OF

    November 18, 2008
STOCK OPTION AGREEMENT

    BY
AND AMONG WINDTAMER CORPORATION AND THE

    NON-EMPLOYEE
CONSULTANTS OF THE
COMPANY

    

    The
Consultant Stock Option Agreement filed as Exhibit 10.6 is substantially
identical in all material respects to the Consultant Stock Option Agreements
which have been entered into by WindTamer Corporation and the following
non-employee consultants effective as of November 18, 2008,
except for a difference in the number of shares granted to Optionee Peter
Koloukoris.

    

    
      
        
          	
                  Optionee

                	 
      	
                  Number of Shares

                
	 
      	 
      	 
      
	
                  Michael
      Hughes

                	 
      	
                  166,500

                
	
                  Peter
      Kolokouris

                	 
      	
                  167,000

                
	
                  Peter
      Kolokouris

                	
                    

                	
                  600,000

                

        

      

    

     

    
      
         

      

      
        9Exhibit 10.1
    

    
      SECURITIES PURCHASE AND ASSIGNMENT AGREEMENT
    

    

    

    
      THIS SECURITIES PURCHASE AND ASSIGNMENT AGREEMENT (the “Agreement”)
      is entered into this 29th day of September, 2009, by and among Debt
      Opportunity Fund, LLLP, a Florida limited liability limited partnership
      (the “DO Fund” or “Seller”), Vicis
      Capital Master Fund, a sub-trust of Vicis Capital Series Master Trust (“Buyer”)
    

    
      WHEREAS, Seller entered into that certain Securities Purchase Agreement
      with NetTalk.com, Inc., a Florida corporation (“NetTalk,”
      or the “Issuer”), dated as of September 25, 2009 (the “DO
      Fund Purchase Agreement”), pursuant to which the Issuer issued (1) a
      Senior Secured Convertible Note in the principal amount up to $1,100,000
      (the “Acquired Note”) and (2) a certain Warrant to Purchase
      Common Stock, exercisable for up to acquire 4,400,000 shares of common
      stock, par value $.001 per share (the “Acquired Warrants”
      and together with the Acquire Note, the “Acquired Securities”)
      to Seller.
    

    
      WHEREAS, in connection with the DO Fund Purchase Agreement, Seller
      entered into (1) a “Security Agreement” (as defined by the
      DO Fund Purchase Agreement), pursuant to which all of the Issuer's
      obligations under the Acquired Note are secured by assets of the Issuer;
      and (2) certain other “Transaction Documents” (as defined
      by the DO Fund Purchase Agreement, and together with the DO Fund
      Purchase Agreement and the Security Agreement, the “Assigned
      Agreements”).
    

    
      WHEREAS, pursuant to this Agreement, Seller desires to sell and assign
      to Buyer, and Buyer desires to purchase and assume from Seller, all of
      Seller’s right, title and interest in the Acquired Securities and the
      Assigned Agreements (the “Transferred Interests”), pursuant
      to the terms and conditions set forth herein.
    

    
      NOW, THEREFORE, in consideration of the foregoing and the mutual
      promises and covenants contained in this Agreement, and for other good
      and valuable consideration, the receipt and sufficiency of which are
      hereby acknowledged, the parties hereby agree as follows:
    

    
      1.  Purchase and Sale; Assignment and Assumption.  
    

    
         (a)  On the Closing Date (as hereafter defined), Seller will sell and
      assign to Buyer, and Buyer will purchase and assume from Seller, all of
      Seller’s right, title and interest in the Transferred Interests.  From
      and after the Closing Date, Buyer shall have the rights that have been
      assigned to, and assumed by, it pursuant to this Agreement, and Seller
      shall, to the extent that rights have been assigned and assumed pursuant
      to this Agreement, relinquish its rights under the Transferred Interests
      in favor of Buyer.   
    

    
         (b)  Buyer and Seller further agree that upon consummation of the
      transactions contemplated hereby the Participation Agreement shall be
      automatically terminated.
    

    
      2.  Consideration.  The purchase price (the “Purchase
      Price”) for the Transferred Interests shall be an additional
      $550,000.
    

    
      
        

        

      

      
        

        

        
          

        

      

      
        

        

      

    

    
      3.  Closing.  The closing of the transactions described
      herein shall occur at such place, on such date, at such time (the “Closing
      Date”) as the parties may agree.  On the Closing Date, subject to
      the terms and conditions hereof, the following actions shall be taken:
    

    
         (a)  Seller shall:
    

    
             (i)  surrender and deliver to Buyer the following documents:
      (A)  the certificate(s) representing the Acquired Warrants; (B) the
      Acquired Note; and (C) the Assigned Agreements; and
    

    
            (ii)  deliver necessary documentation to effect assignment to
      Buyer of Seller’s UCC Financing Statement on Form UCC-1 relating to its
      security interest in the assets of the Issuer securing the Issuer's
      obligations under the Acquired Note.
    

    
         (b)  Buyer shall deliver to Seller the Purchase Price as set forth in
      Section 2 hereof in immediately available funds by wire transfer in
      accordance with the instructions of Seller.
    

    
         (c)  Buyer, Seller and the Issuer shall execute and deliver such
      documents and take such further action as any party may reasonably
      request in order to effectuate the transactions described herein.  
    

    
      4.  Seller's Representations and Warranties.  Seller
      hereby represents and warrants to Buyer as of the date hereof and as of
      the Closing Date:
    

    
         (a)  Incorporation and Corporate Authority.  Seller
      is duly organized and validly existing under the laws of the
      jurisdiction of its organization, and Seller has full organizational
      power and authority to execute and deliver, and to incur and perform its
      obligations under this Agreement.
    

    
         (b)  Authorization.  The execution,
      delivery and performance by Seller of this Agreement and the
      consummation of the transactions contemplated hereby have been duly
      authorized by all necessary action of Seller and no other action on the
      part of Seller is necessary to authorize the execution and delivery by
      Seller of this Agreement or the consummation of any of the transactions
      contemplated hereby.
    

    
         (c)  Binding Obligation.  This
      Agreement has been duly executed and delivered by Seller and constitutes
      a valid and binding obligation of Seller enforceable against Seller in
      accordance with its terms, subject to applicable bankruptcy, insolvency,
      fraudulent transfer, reorganization, moratorium and other similar laws
      of general applicability relating to or affecting creditors’ rights and
      to general equitable principles.
    

    
         (d)  Violations or Defaults.  Neither
      the execution, delivery or performance by Seller of this Agreement nor
      the consummation of the transactions contemplated hereby will
      contravene, conflict with, or result in a breach or violation of or
      default under, any currently existing law applicable to Seller, the
      organizational documents of Seller, or any agreement, judgment,
      injunction, order, decree, indenture or instrument binding upon Seller,
      specifically including the DO Fund Purchase Agreement, the Acquired Note
      and the Acquired Warrant.
    

    
      
        

        

      

      
        
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         (e)  Consents.  No governmental
      authorization is required to be obtained by Seller from, and no filing
      with a governmental entity is required to be made by Seller in
      connection with the execution and delivery of this Agreement and the
      consummation of the transactions contemplated hereby. No consent,
      approval or authorization of any person or entity is required in
      connection with the execution and delivery of this Agreement and the
      consummation of the transactions contemplated hereby.
    

    
         (f)  Title.  Seller holds and owns
      the Transferred Interests sold and assigned by it hereunder free and
      clear of any liens, restrictions on transfer (other than restrictions
      under applicable securities laws), options, warrants, purchase rights,
      contracts or other claims.  Seller is not a party to any option,
      warrant, purchase right or other contract or commitment that could
      require Seller to sell or transfer the Transferred Interests (other than
      as set forth in this Agreement).
    

    
         (g)  Legal Proceedings.  There are no
      legal or administrative proceedings pending or threatened against Seller
      other than those in respect of Seller that would not impair the ability
      of Seller to perform its obligations under this Agreement or the
      enforceability against Seller of this Agreement.
    

    
         (h)  No Broker.  Seller has not
      engaged or made any arrangements with any broker-dealer, placement
      agent, financial advisor or consultant, finder, investment banker or
      bank to offer or sell the Transferred Interests and has not incurred any
      brokers, finders or similar fee in connection with the transactions
      contemplated by this Agreement.  Seller hereby agrees to indemnify and
      hold harmless Buyer against any claim, cost, loss, liability or expense
      (including, without limitation, attorneys’ fees and out-of-pocket
      expenses) arising in connection with any claim for any such fees or
      commissions.
    

    
         (i)  Security Interest.  Seller has a
      valid and perfected security interest in and to all personal property
      included in the term “Collateral” (as defined in the
      Security Agreement) to which Article 9 of the Uniform Commercial Code of
      Florida (the “Florida UCC”) is applicable, other than
      commercial tort claims not specifically identified in the financing
      statements to be filed with the Office of the Secretary of the State of
      Florida (the “Financing Statements”).  Upon assignment of
      Seller’s security interest in the Collateral to Buyer in accordance with
      the terms of this Agreement, Buyer will have a duly perfected security
      interest in the Collateral to which Article 9 of the Florida UCC is
      applicable and in which a security interest may be perfected by the
      filing of a financing statement.  All documentary, stamp or similar
      taxes required to be paid in order to enforce the Issuer's obligations
      under the Security Agreement have been paid.
    

    
      5.  Buyer’s Representations and Warranties.  Buyer
      hereby represents and warrants to Seller as of the date hereof and as of
      the Closing Date that:
    

    
         (a)  Incorporation and Corporate Authority.  Buyer
      is duly organized and validly existing under the laws of the
      jurisdiction of its organization, and Buyer has full organizational
      power and authority to execute and deliver, and to incur and perform its
      obligations under this Agreement.
    

    
      
        

        

      

      
        
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         (b)  Authorization.  The execution,
      delivery and performance by Buyer of this Agreement and the consummation
      of the transactions contemplated hereby have been duly authorized by all
      corporate action by Buyer and no other proceeding on the part of Buyer
      is necessary to authorize the execution and delivery by Buyer of this
      Agreement or the consummation of any of the transactions contemplated
      hereby.
    

    
         (c)  Binding Obligation.  This
      Agreement has been duly executed and delivered by Buyer and constitutes
      a valid and binding obligation of Buyer enforceable against Buyer in
      accordance with its terms, subject to applicable bankruptcy, insolvency,
      fraudulent transfer, reorganization, moratorium and other similar laws
      of general applicability relating to or affecting creditors’ rights and
      to general equitable principles.
    

    
         (d)  Violations or Defaults.  Neither
      the execution, delivery or performance by Buyer of this Agreement nor
      the consummation of the transactions contemplated hereby contravene,
      conflict with, or result in a breach or violation of or default under,
      any currently existing law applicable to Buyer, the organizational
      documents of Buyer, or any agreement, judgment, injunction, order,
      decree, indenture or instrument binding upon Buyer.
    

    
         (e)  Consents.  No governmental
      authorization is required to be obtained by Buyer from, and no filing
      with a governmental entity is required to be made by Buyer in connection
      with the execution and delivery of this Agreement and the consummation
      of the transactions contemplated hereby.
    

    
         (f)  Legal Proceedings.  There are no
      legal or administrative proceedings pending or threatened against Buyer
      other than those in respect of Buyer that would not impair the ability
      of Buyer to perform its obligations under this Agreement or the
      enforceability against Buyer of this Agreement.
    

    
         (g)  Investment Representations.  Buyer
      understands that the Acquired Securities are being offered and sold
      pursuant to an exemption from registration contained in the Securities
      Act of 1933 (the “Securities Act”) based in part upon the
      following representations of Buyer:
    

    
             (i)  Buyer has substantial experience in evaluating and investing
      in private placement transactions of securities in companies similar to
      the Issuer so that it is capable of evaluating the merits and risks of
      its investment in the Issuer.  Buyer must bear the economic risk of this
      investment indefinitely unless the Acquired Securities are registered
      pursuant to the Securities Act and applicable state securities laws, or
      an exemption from registration is available.
    

    
            (ii)  Buyer is acquiring the Acquired Securities for Buyer’s own
      account for investment only, and not with a view towards their
      distribution other than in compliance with all applicable securities
      laws.
    

    
           (iii)  Buyer has had an opportunity to ask questions and receive
      answers from the representatives of the Issuer concerning the terms and
      conditions of the investment, the properties, assets, liabilities,
      business, operations, financial condition, and prospects of the Issuer
      and all other matters deemed relevant to Buyer.  Buyer has independently
      evaluated the transactions contemplated by this Agreement and has
      reached its own decision to enter into this Agreement.
    

    
      
        

        

      

      
        
          4
        

        
          

        

      

      
        

        

      

    

    
            (iv)  Buyer is an “accredited investor” within the meaning of
      Regulation D promulgated under the Securities Act.
    

    
             (v)  Buyer understands that none of the Acquired Securities have
      been registered under the Securities Act or the laws of any state and
      may not be sold, transferred, or otherwise disposed of without
      registration under the Securities Act and applicable state securities
      laws or pursuant to an exemption therefrom.  Buyer understands that the
      Acquired Securities are “restricted securities” under U.S. federal and
      state securities laws and that Buyer must hold the Acquired Securities
      indefinitely unless they are registered with the Securities and Exchange
      Commission and qualified by state authorities, or an exemption from such
      registration and qualification requirements is available.
    

    
            (vi)  Buyer acknowledges and understands that the transfer of any
      of the Acquired Securities is subject to the Buyer’s compliance with the
      provisions of the Securities Act and any applicable state securities
      laws in respect of any such transfer and that even if an exemption from
      registration or qualification is available, it may be conditioned on
      various requirements including, but not limited to, the time and manner
      of sale, the holding period for the Acquired Securities, and on
      requirements relating to the Issuer that are outside the Issuer’s
      control.  The certificate or certificates representing the Acquired
      Securities purchased by Buyer hereunder, any common stock acquired by
      Buyer upon conversion of the Acquired Securities, and any other
      securities issued in respect of the Acquired Securities upon any stock
      split, stock dividend, recapitalization, merger, consolidation, or
      similar event, shall be stamped or otherwise imprinted with the
      following legend (unless such a legend is no longer required under the
      Securities Act):
    

    
      THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
      UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR
      ANY STATE SECURITIES LAW, AND MAY NOT BE OFFERED, SOLD, TRANSFERRED OR
      OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
      STATEMENT OR PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION THAT IS
      NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND
      APPLICABLE STATE SECURITIES LAWS.
    

    
         (h)  No Broker.  Buyer has not
      engaged or made any arrangements with any broker-dealer, placement
      agent, financial advisor or consultant, finder, investment banker or
      bank in connection with the transactions contemplated by this Agreement
      and has not incurred any brokers, finders or similar fee in connection
      with the transactions contemplated by this Agreement.  Buyer hereby
      agrees to indemnify and hold harmless Seller against any claim, cost,
      loss, liability or expense (including, without limitation, attorneys’
      fees and out-of-pocket expenses) arising in connection with any claim
      for any such fees or commissions.
    

    
      
        

        

      

      
        
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      6.  Notices.   All notices and other communications
      provided for hereunder shall be in writing and shall be mailed,
      facsimiled or delivered, if to any party, at the following address:
    

    
      If to Buyer:
    

    
      Vicis Capital Master Fund
c/o Vicis Capital LLC
445 Park Avenue
16th
      Floor
New York, NY 10022
Attn: Chris Phillips
    

    
      If to Seller:
    

    
      Debt Opportunity Fund, LLLP
20711 Sterlington Drive
Land O'Lakes,
      Florida  34638
Attention: Sean Lyons
    

    

    

    
      All such notices and other communications shall be effective, (i) if
      mailed, when received or three (3) days after deposited in the mail,
      whichever occurs first, (ii) if telecopied, on the date of transmission
      if transmitted before 4:00 p.m. (Central time) otherwise on the next
      business day, (iii) if delivered by personal delivery, upon delivery, or
      (iv) if delivered by overnight courier one (1) business day after
      delivery to the courier (specifying one (1) business days’ delivery), in
      each case, properly addressed.
    

    
      7.  Further Assurances.  From time to time after the
      Closing Date, the parties hereto shall execute and deliver, or cause to
      be executed and delivered, such documents to the other party hereto and
      take such further action as such other party hereto shall reasonably
      request to consummate and make effective the transactions contemplated
      by this Agreement.
    

    
      8.  Transaction Costs.  Each party to this Agreement
      shall be responsible for its own costs attendant to the transactions
      contemplated by this Agreement, whether or not Closing occurs.  
    

    
      9.  Cumulative Remedies.  The remedies of the parties
      hereunder shall be cumulative, and the exercise by a party of any of its
      remedies at law or in equity to recover any damages shall not affect any
      other remedy available to such party.
    

    
      10.  Survival of Representations and Warranties.  The
      respective representations and warranties of the parties set forth in
      this Agreement shall survive the Closing notwithstanding any
      investigation made by or on behalf of any such party.
    

    
      11.  Governing Law.  This Agreement shall be governed
      by and construed in accordance with the laws of the State of New York,
      without regard to principles of conflicts of laws.
    

    
      
        

        

      

      
        
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      12.  Entire Agreement.  This Agreement contains the
      entire understanding of the parties hereto with respect to the subject
      matter contained herein and supersedes all prior agreements of the
      parties, oral or written, regarding such subject matter.
    

    
      13.  Amendments.  This Agreement may be amended only by
      a written instrument executed by the parties hereto.
    

    
      14.  Terms; Headings; References.  The definitions set
      forth in this Agreement apply equally to both the singular and the
      plural forms of such terms.  Whenever the context may require, any
      pronoun shall be deemed to include the corresponding masculine, feminine
      and neuter forms.  The words “include,” “includes,” and “including”
      shall be interpreted as if followed by the phrase “without
      limitation.”  The words “hereby,” “herein,” “hereunder” and other words
      of similar import refer to this Agreement as a whole and not to any
      particular Article, Section or clause of this Agreement.  All references
      herein to Articles and Sections shall be deemed references to Articles
      and Sections of this Agreement unless the context shall otherwise
      require.  The Article, Section and paragraph headings contained in this
      Agreement are for reference purposes only and shall not affect in any
      way the meaning or interpretation of this Agreement.
    

    
      15.  Counterparts.  This Agreement may be executed in
      any number of counterparts and by different parties hereto in separate
      counterparts, each of which shall be deemed to be an original, but all
      of which taken together shall constitute one and the same
      agreement.  Delivery of an executed counterpart of this Agreement by
      facsimile or email transmission shall be equally as effective as
      delivery of an original executed counterpart of this Agreement.  Any
      party delivering an executed counterpart of this Agreement by facsimile
      or email transmission also shall deliver an original executed
      counterpart of this Agreement but the failure to deliver an original
      executed counterpart shall not affect the validity, enforceability, and
      binding effect of this Agreement.
    

    
      16.  Successors; Assignment.  This Agreement shall be
      binding upon and inure to the benefit of the parties hereto and their
      respective successors.  The rights and obligations of the parties under
      this Agreement shall not be assigned by either party without the prior
      written consent of the other party.
    

    
      17.  Severability; Enforcement.  Whenever possible,
      each provision of this Agreement will be interpreted in such a manner as
      to be effective and valid under applicable law, but if any provision of
      this Agreement is held to be invalid, illegal or unenforceable under any
      applicable law or rule in any jurisdiction, such provision will be
      ineffective only to the extent of such invalidity, illegality or
      unenforceability in such jurisdiction, without invalidating the
      remainder of this Agreement in such jurisdiction or any provision hereof
      in any other jurisdiction.
    

    
      18.  Waiver.  None of the terms and conditions of this
      Agreement may be changed, waived, modified or varied in any manner
      whatsoever unless in writing duly signed by each of the parties.
    

    
      19.  No Third-Party Beneficiary.  Except as otherwise
      expressly specified herein, this Agreement is made solely and
      specifically between and for the benefit of the parties hereto and no
      other person shall have or be entitled to any rights hereunder on
      account of or as a third party beneficiary or otherwise
    

    
      
        

        

      

      
        
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      20.  Severability. Any provision of this Agreement
      which is prohibited or unenforceable in any jurisdiction shall, as to
      such jurisdiction, be ineffective to the extent of such prohibition or
      unenforceability without invalidating the remaining portions hereof or
      affecting the validity or enforceability of such provision in any other
      jurisdiction.
    

    
      21.  No Party Deemed Drafter.   Each of the parties
      hereto agrees that no party hereto shall be deemed to be the drafter of
      this Agreement.
    

    
      [Signature Pages Follow]
    

    
      
        

        

      

      
        
          8
        

        
          

        

      

      
        

        

      

    

    

    

    
      IN WITNESS WHEREOF, the parties hereto have caused this Securities
      Purchase and Assignment Agreement to be executed by their respective
      officers thereunto duly authorized, as of the date first above written.
    

    
    	
           
        	
          
            SELLER:
          

          
             
          

        
	

        	

        	
           
        
	

        	
          
            DEBT OPPORTUNITY FUND, LLLP
          

        
	

        	

        	
           
        
	

        	
          
            By:
          

        	
           
        
	

        	
          
            Name: Sean Lyons
          

        
	

        	
          
            Title: Manager
          

        
	

        	

        	
           
        
	

        	
          
            BUYER:
          

        
	

        	

        	
           
        
	

        	
          
            VICIS CAPITAL MASTER FUND
          

        
	

        	
          
            By: Vicis Capital LLC
          

        
	

        	

        	
           
        
	

        	

        	
           
        
	

        	
          
            By:
          

        	
           
        
	

        	
          
            Name: Chris Phillips
          

        
	

        	
          
            Title: Managing Director
          

        

    

    
      

      

      

      

      

      

      

      

      

      9

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