Document:

Exhibit 10.27

 

AMENDMENT TO

SETTLEMENT AGREEMENT AND MUTUAL RELEASE

 

This Amendment to Settlement Agreement and
Mutual Release (this “Amendment”) is entered into as of March 31, 2006 by
and among AKSYS, LTD., a Delaware corporation
(the “Company”), DURUS LIFE SCIENCES MASTER
FUND LTD., a Cayman Islands company (“Durus”), and ARTAL LONG BIOTECH PORTFOLIO LLC, a Delaware limited
liability company (“Artal”). Durus and Artal are collectively referred
to herein as the “Investors,” and each is individually referred to
herein as an “Investor.”

 

A.            The Company, Durus,
Durus Capital Management, LLC, Durus Capital Management (N.A.), LLC, Artal and
Scott Sacane are parties to that certain Settlement Agreement and Mutual
Release, dated as of February 23, 2004 (the “Settlement Agreement”).

 

B.            Under the terms of the
Settlement Agreement, the parties agreed to certain matters related to, among
other things, the acquisition, ownership, trading or disposition of shares of the
Company’s common stock by the Investors.

 

C.            In connection with the
execution and delivery of the Securities Purchase Agreement, dated as of March 31,
2006, by and between the Company and Durus (the “Purchase Agreement”)
and the execution and delivery of the Transaction Documents (as defined in the
Purchase Agreement), the Company and the Investors have agreed to amend the
Settlement Agreement as provided herein as to themselves only in accordance
with Section 17(b) of the Settlement Agreement.

 

D.            Capitalized terms used
but not defined herein shall have the meanings ascribed to such terms in the
Settlement Agreement.

 

NOW,
THEREFORE, in consideration of the premises and the mutual
covenants contained herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Company and the
Investors hereby agree as follows:

 

1.             Amendment
to Settlement Agreement. Effective immediately upon execution of this
Amendment, as between the Company, on the one hand, and each of the Investors
and their respective Affiliates and Associates, on the other hand, the
following sections of the Settlement Agreement are hereby terminated and deemed
to be deleted in their entirety and are and shall be of no further force and
effect: Sections 3, 5, 6, 7, 11(c), 11(d), 12, 13 and 27(a).

 

2.             Termination
of Irrevocable Proxy. The Company hereby consents to the termination of the
irrevocable proxies provided by the Investors to any and all Voting Designees
pursuant to Section 16 of the Settlement Agreement, including Georgeson Shareholder
Communications, Inc., and the Company hereby authorizes the Investors to
provide written notice to such Voting Designees of the Company’s consent to
such termination.

 

3.             Full
Force and Effect. Except as expressly modified by this Amendment, all
terms, conditions and provisions of the Settlement Agreement shall remain in
full force and 

 

 

effect. In the event of any
inconsistency or conflict between the Settlement Agreement and this Amendment,
the terms, conditions and provisions of this Amendment shall govern and
control.

 

4.             Counterparts.
This Amendment may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument. A facsimile, telecopy or
other reproduction of this Amendment may be executed by any party hereto and
delivered by such party by facsimile or other electronic transmission, and such
execution and delivery shall be considered valid, binding and effective for all
purposes.

 

5.             Further Assurance. The
parties hereto further agree to do and perform, or cause to be done and
performed, all such further acts and things, and shall execute and deliver all
such other agreements, certificates, instruments and documents as any other
party hereto may reasonably request in order to effect the foregoing.

 

6.             Entire Agreement. The Settlement
Agreement, the Purchase Agreement, the Mutual Release, the amendment to the
Rights Agreement (referenced in Section 2.8.2 of the Purchase Agreement) and
this Amendment constitute the entire agreement among the parties with respect
to the subject matter hereof and supersedes all prior or contemporaneous
representations, discussions, proposals, negotiations, conditions and
agreements, whether oral or written, and all communications between the parties
relating to the subject matter of the Settlement Agreement, the Investor Rights
Agreement and this Amendment, including any limitations on the Investors’ and
their respective Affiliates’ and Associates’ right to vote or take any other
action with respect to the shares of capital stock of the Company held by them.

 

6.             Governing Law. This Amendment
shall be governed by and construed in accordance with the law of the State of
Delaware, without giving effect to the conflicts or choice of law provisions
thereof.

 

[Signature page follows]

 

2

 

IN WITNESS WHEREOF, the
Investors and the Company have executed this Amendment to Settlement Agreement
as of the date first above written.

 

 

	
   

  	
  AKSYS, LTD.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Laurence P. Birch

  	
   

  
	
   

  	
   

  	
  Name: Laurence P.
  Birch

  
	
   

  	
   

  	
  Title: CEO

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  DURUS LIFE SCIENCES MASTER FUND

  LTD.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Leslie Lake

  	
   

  
	
   

  	
   

  	
  Name: Leslie Lake

  
	
   

  	
   

  	
  Title: Director

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  ARTAL LONG BIOTECH PORTFOLIO LLC

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Artal Alternative Treasury Management

  
	
   

  	
  Its:

  	
  Managing Member

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Christian Tedeschi

  	
   

  
	
   

  	
   

  	
  Name: Christian
  Tedeschi

  
	
   

  	
   

  	
  Title: Managing DirectorExhibit 10.13

 

License and Distribution Agreement

 

This
License and Distribution Agreement is entered into by and between OPNET
Technologies, Inc., a Delaware corporation with principal offices located
at 7255 Woodmont Avenue, Bethesda, Maryland 20814 (“OPNET”), and RadView
Software, Ltd., an Israeli corporation with corporate headquarters located at 7
New England Executive Park, Burlington, Massachusetts 01803 (“RadView”),
effective this 7th day of December 2005 (the “Effective Date”).

 

In
consideration of the premises and mutual covenants contained herein, and other
valuable consideration, the receipt and adequacy of which is hereby
acknowledged by each party, the parties hereby agree as follows:

 

1.             Scope of Agreement.

 

This Agreement shall set forth the terms and
conditions pursuant to which (a) RadView shall deliver, and OPNET shall be
licensed to use and exploit, the RadView proprietary Source Materials to the
Software, and (b) RadView shall provide certain professional services to
OPNET in connection with and in support of OPNET’s license rights with respect
to the Source Materials.

 

2.             Definitions.

 

2.1           Derivative Product(s).   The
term “Derivative Product(s)” shall refer to any and all (a) new software
applications or documentation, or (b) modifications, enhancements,
improvements, updates, re-branding, and derivative works of the Software, in
either case developed by OPNET from the Source Materials.

 

2.2           Software.   The term “Software” shall
refer to the two RadView proprietary applications, WebLOAD and WebFT,
identified in Exhibit A hereto.

 

2.3           Source Materials.   The
term “Source Materials” shall mean:  (i) source
code, including related reference files, resource files, configuration files,
and “include” files necessary to compile the source code into
machine-executable form used to run the Software or used in the
preparation of the Software or its enabling keys; (ii) any associated
files necessary to run and exercise all functions of the Software; (iii) a
listing and description of all known product defects and bugs current and open
as of the Effective Date, and all closed bugs associated with the source code; (iv) instructions,
notes, references, programs and other materials (excluding any third party
software programs) required for the technical staff of OPNET, without any
additional assistance from RadView, to make modifications and prepare an
executable code copy of the Software from the source code of such Software, via
the procedures of assembly, compilation, linking and/or any other procedure, which
materials shall include all such materials 
(exclusive of third party materials) actually used by RadView to prepare
executable code copies of such Software and access keys for such Software; (v) product
documentation (source version and final form); (vi) installation
procedures and any installation or support utilities; (vii) any “back-office”
applications necessary to allow end-users to exercise any function of the
source code, including but not limited to automatic updating or patching of the
end-user’s installation; (viii) images and graphics (source version and
final form); and (ix) design documents, source code overviews and
descriptions, API documents, and requirement documents for each of the
following: (a) the highest patch level of each Major Release of the Software generally distributed by RadView
during the forty-eight (48) months preceding the Effective Date and including
the optional (at OPNET’s election) additional portions of the Source
Material described in Section 5, (b) all
“in progress” work related to the Software as of the Effective Date, and (c) all
“in progress” work related to Java applet testing technology as of the payment
date specified under Section 7.2 for the fourth installment payment of the
Initial Services Fee. RadView shall deliver to OPNET, within two (2) business
days following RadView’s receipt of the Source Code License Fee identified in Section 7
below, thirty (30) FlexLM license keys
for running each of the Software, including thirty (30) “100 Virtual Users”
licenses for WebLOAD for the in progress work and the Major Release using
FlexLM generally distributed by RadView in the 12 months immediately prior to
the effective date. Source Materials shall not include any source code or
source code documentation for third party products.

 

1

 

2.4           Major Release.   The
term “Major Release” shall mean Software version numbers that differ in
the number to the left of the first decimal place and/or differ in the number
immediately to the right of the first decimal place. For example, versions 6.0,
6.1, 6.2, and 7.1, and 7.2 are all considered Major Releases.

 

3.             Delivery of Source Materials.

 

3.1           RadView shall deliver to OPNET, within two (2) business
days following RadView’s receipt of the Source Code License Fee identified in Section 7
below, one copy of the Source Materials, in electronic form. The deliverables
under this Agreement shall include the complete “build environment”, including
full test system and all existing test cases for API and UI testing, as well as
the source code for any custom developed build or test tools. This environment
shall be installed and working on equipment delivered to OPNET by RadView.
Title to the build environment and equipment shall pass to OPNET immediately
following OPNET’s notice to RadView that OPNET has obtained all third party
licenses required for the build environment deliverable: (a) as a licensee
and/or (b) as an authorized sublicensee under a third party license(s)
issued to RadView. The build environment and equipment shall be delivered as
directed by OPNET during the Knowledge Transfer Period.

 

3.2           RadView shall deliver to OPNET, within two (2) business
days following RadView’s receipt of the fourth installment payment of the
Initial Services Fee one copy in electronic form of all “in progress” work
related to the Java applet testing technology described under Section 2.3(c).

 

4.             Source Code License Grant.

 

4.1           License to Create, and Distribute and
Sublicense Derivative Products.   Subject to OPNET’s compliance with the
terms and conditions of this Agreement, including the license terms and
limitations set forth in this Section, and contingent upon OPNET’s payment to
RadView in full of the Source Code License Fee, RadView hereby grants to OPNET
a non-exclusive, non-royalty-bearing, perpetual (subject to the terms set forth
in Section 13 below) license to:

 

a)
modify the Software and merge or combine the Software or any part thereof
into or with other computer programs to form a Derivative Product;

b)
modify, prepare and enhance Derivative Products based on the Software and/or
the Source Materials;

c)
use internally for its own business purposes or on behalf of any third party
any such Derivative Product; and

d)
market, distribute (directly or through third parties), support and sublicense
any such Derivative Product in object code form;

 

provided,
however, that any Derivative Product created by OPNET shall not diminish or
otherwise affect RadView’s pre-existing rights in the Software and the Source
Materials and any and all intellectual property embodied thereby or embedded
therein; and provided further, however, that OPNET shall market, distribute,
use, sublicense and support the Software and the Derivative Products solely
under OPNET’s brands and using product names which shall not be similar to or
likely to be confused with the RadView names for the Software. To that end,
OPNET shall re-brand the Software and/or Derivative Products, as applicable,
including, without limitation, revising the splash screen, documentation and
similar RadView-branded areas to reflect the OPNET branding; provided, however,
that any Software and Derivative Products used, sublicensed, marketed,
supported or distributed by OPNET shall retain the copyright and other
proprietary legends of RadView’s object code and source code in the form as
delivered under this Agreement unless such form is determined by OPNET to
be unreasonable.

 

4.2           License to Copy.   Subject
to OPNET’s compliance with the terms and conditions of this Agreement,
including the license terms set forth in this Section, and contingent upon
OPNET’s payment to RadView in full of the Source Materials License Fee, RadView
hereby grants to OPNET a non-exclusive, non-royalty-bearing, perpetual (subject
to the terms set forth in Section 12.1 below),  license to

a)
copy the Source Materials to the extent 
necessary to exercise the rights granted under this Agreement; and

b)
copy the Derivative Products to the extent necessary to allow use and
distribution of the Derivative Products pursuant to the rights granted under
this Agreement;

provided,
however, that each copy of the Source Materials and the Derivative Products, or
any part thereof, shall reproduce the copyright and other proprietary
legends as described in Section 4.1 above.

 

2

 

4.3           Source Code License for Derivative Products.   (a) Commencing
on the first anniversary of the Effective Date, and subject in each instance to
RadView’s rights as the owner of full right and title to the Source Materials
and the intellectual property embodied thereby or embedded therein, OPNET shall
be entitled to grant a source code license with respect to all or any portion
of one or more Derivative Products subject to the conditions described herein; (b) any
source code license granted by OPNET under this Section 4.3 shall:  (i) require that the licensee include in
all copies of the Derivative Product source code copyright and other
proprietary legends of RadView included in the source code or Derivative
Product source code licensed, (ii) require that the third party licensee’s
use of the Derivative Product source code shall be according to the terms of a
written license agreement issued by OPNET consistent with the terms of this
Agreement and, that includes an acknowledgement by the licensee of the
pre-existing proprietary and intellectual property rights of RadView in the
Derivative Product source code, (iii) requires the licensee to protect the
confidentiality of, and the proprietary rights of RadView in, the  Derivative Product source code using the same
degree of care it uses to protect its own confidential information but in no
case less than a reasonable degree of care, and (iv) shall irrevocably
release RadView of any liability to the licensee or to any third party claim
through such licensee.

 

4.4           Non-Competition Agreement.   (a) For
a period of five (5) years after the Effective Date, and subject to the
exceptions below OPNET shall not: (i) assign this Agreement, or (ii) directly
market or license a source code license for any Derivative Product to any
entity listed on Exhibit B. Exhibit B may be amended upon the
mutual agreement of the parties. (b) For a period of two (2) years
after the Effective Date, and subject to the exceptions below, OPNET shall not:
(i) assign this Agreement or (ii) directly market or license a source
code license for any Derivative Product to any entity listed on Exhibit C.
(c) In the event that any court determines that the duration of Section 4.4(a) or
4.4(b) is unreasonable, and to such extent is unenforceable, OPNET and
RadView agree this section shall remain in effect for the greatest time
period that would not render it unenforceable but in no event beyond the
duration specified herein. Either party however, shall have the right at any
time to assign or transfer this Agreement or any interest herein (including
rights and duties of performance), upon written notice to the other party, to
any entity: (i) which acquires all or substantially all of such party’s
operating assets, (ii) which acquires more than 50% of such party’s issued
and outstanding shares, (iii) which is under common ownership or control
with a party to this Agreement, or (iv) into which a party to this
Agreement is merged or reorganized pursuant to any plan of merger or
reorganization.

 

5.             Services to be Provided by
RadView.

 

5.1           Transfer of Knowledge.   For
a period of eight (8) consecutive weeks following the Effective Date (such
eight week period, the “Knowledge Transfer Period”), and provided that OPNET
pays timely and in full the Initial Services Fee identified in Section 7
below, RadView shall make available to OPNET the professional services of three
(3) RadView employees, each of whom shall be knowledgeable in the source
code for the Software, and qualified to provide Services  to OPNET with respect to the Source Materials
(the “Knowledge Transfer Consultants”) and each of whom shall be dedicated to
OPNET on a full time basis (assuming an eight (8) hour workday, during the
Israeli or United States work week, as applicable based on the venue of
the  Knowledge Transfer Consultants when
performing the Services, and subject to the RadView paid holidays identified in
Exhibit D hereto) during the Knowledge Transfer Period. Each such
employee, and any other RadView employee who may perform professional
services for OPNET in connection with this Agreement, shall be hereinafter
referred to as a “Knowledge Transfer Consultant” or a “Training Consultant”. The
Knowledge Transfer Consultants shall provide Services on a time and material
basis and work under the direction of OPNET to provide one or more of the
following services (collectively, the “Services”):  (i) knowledge transfer with respect to
the Source Materials, (ii) creation of the “build environment”, including
full test system and all existing test cases for API and UI testing (as well as
the source code for any custom developed build or test tools), (iii) 
support OPNET’s use of the Source Materials, and general technical support to
OPNET in its use of the Source Materials, (iv) development tasks and work
related to Derivative Product(s) as directed by OPNET, and (v) such other
professional services permitted under this Agreement related to the Source
Materials and/or the Derivative Product(s). During the Knowledge
Transfer period, OPNET may, at its sole discretion elect to use portions of the
Services described in this Section 5: (a) to extract additional
portions of the Source Material revision control history, including but not limited
to any file versions in between the Major Releases of the Software generally
distributed by RadView, as well as any “check-in comments” and “change logs”
associated with those file versions, limited to the 48 months prior to the
Effective Date, and as late as the payment date

 

3

 

specified under Section 7.2 for the fourth installment payment of
the Initial Services Fee. RadView shall deliver this additional material to
OPNET at such times designated by OPNET prior to the expiration of the
Knowledge Transfer period and/ or (b) to conduct training related to the Source
Materials for OPNET’s field personnel and support personnel. Any such
training services shall be provided by an employee of RadView, other than a
Knowledge Transfer Consultant, qualified
to provide training services and whose place of employment for RadView
is in the United States (the “Training Consultant”). Training services under
this Agreement shall not exceed ten (10) staff days, whether used
concurrently or not. The fee for each staff day of training services shall be
at the rate stated in Section 7.3. The
Knowledge Transfer Consultants and the Training Consultant shall be chosen by
RadView, in its sole discretion provided that each Consultant has the
qualifications defined above. RadView further reserves the right, at any time,
to replace any individual  Knowledge
Transfer Consultant or Training Consultant with a similarly qualified RadView
employee provided that RadView shall take commercially reasonable measures to
effect any such replacement in a manner calculated to cause minimal disruption
to the provision of the Services. Upon RadView’s receipt of a good faith
request by OPNET, RadView shall promptly replace any individual Knowledge
Transfer Consultant or Training Consultant with a similarly qualified RadView
employee in a manner calculated to cause minimal disruption to the provision of
the Services.

 

5.2           No Warranty on Services.   RadView
shall provide the Services under this Agreement on a time and materials basis. RadView
makes no warranties or representations, express or implied, oral or written,
with respect to the Services provided under this Agreement, whether to OPNET or
to any other entity. RadView expressly disclaims any and all warranties with
respect to such Services, including, without limitation, any implied warranties
or those arising out of usage of trade.

 

5.3           Venue for Services and Consultant’s Bonus.   The
Services to be performed by the Knowledge Transfer Consultants or the Training
Consultant may, at the direction of OPNET, be performed on site at any of OPNET’s
offices or from RadView’s offices; provided, however, that Israel based
Knowledge Transfer Consultants shall not be required to work on site at an
OPNET site in the United States for more than three (3) consecutive weeks
in any four (4) week period; each Knowledge Transfer Consultant who works
not less than forty hours each week for three (3) or more consecutive
weeks on site at an OPNET site in the United States shall be paid a bonus
calculated at the rate of ONE THOUSAND DOLLARS ($1,000 ($US)) for each
consecutive week of work. For example, if a Knowledge Transfer Consultant works
three (3) consecutive weeks at an OPNET site in the United States, the
Knowledge Transfer Consultant is entitled to a $3,000 bonus; if the Knowledge
Transfer Consultant works two consecutive weeks no bonus has been earned. The
maximum bonus payable to any Israel based Knowledge Transfer Consultant under
the terms of this section during any four consecutive week period shall be
FOUR THOUSAND DOLLARS ($4,000 (US)). OPNET shall use its best effort to
forecast travel requirements in advance and shall provide not less than five (5) days
advance notice to a Consultant of any travel requirement and shall include the
required arrival date at the site designated by OPNET. RadView hereby confirms
that the passports of the Consultants are and shall remain current and valid
during the Knowledge Transfer Period. RadView further waives any rights it may have
to prevent the travel of a Consultant to an OPNET site in the United States.

 

5.4           Extension of Knowledge Transfer Period.   OPNET
shall have the right, in its sole discretion, to elect a one-time extension to
the Knowledge Transfer Period for any one or more of the three (3) Consultants,
upon written notice to RadView; provided that any such extension shall not
continue the Knowledge Transfer Period beyond March 30, 2006. The notice
to RadView must be delivered at least seven (7) days prior to the
expiration of the original Knowledge Transfer Period and shall specify the
length of the extension elected by OPNET and the number of Consultant(s) to
whom OPNET would like the extension to apply. The Additional Service fees
applicable to any such extension are as set forth in Section 7 below.

 

5.5           Insurance During Knowledge Transfer Period.   During the
Knowledge Transfer Period when Consultants are providing services on OPNET’s
premises (including extensions by OPNET pursuant to the terms of Section 5.4),
OPNET shall maintain comprehensive general liability insurance, including broad
form property damage coverage, with limits of at least one million U.S.
Dollars each for personal injury and property damage for each occurrence.

 

4

 

6.             Proprietary
Rights.

 

6.1           Derivative Products.   (a) As
between RadView and OPNET and excluding the Source Materials, OPNET shall be
the sole owner of all right, title and interest in and to, any Derivative
Product developed by OPNET in accordance with this Agreement, and any other
software prepared by OPNET in connection with the Source Materials and/or OPNET’s
exercise of its rights under this Agreement. RadView shall not acquire any
right, title, or interest in or to such Derivative Product(s); provided,
however, that any Derivative Product or other materials created by OPNET shall
not diminish, qualify or otherwise affect RadView’s pre-existing rights in the
Software and Source Materials. (b) Nothing in this Agreement shall
be construed as limiting the independent development of products and/or
services by the parties hereto. Each party hereto acknowledges that the other
may, as of the Effective Date or at any time thereafter, engage in or pursue
the independent development of products and/or services which are the same as
or similar to actual or planned activities and/or products and services of the
other party hereto. Each party acknowledges and agrees that the other party’s
independent development activities with respect to the Source Materials or
similar products and/or services shall not in and of itself be determined to
violate the terms of this Agreement. Nothing in this Section 6.1 shall be
deemed to grant any ownership, distribution, license, sublicense or any other
rights to use a party’s intellectual property except as expressly provided
herein; this section does not waive either party’s statutory intellectual
property rights for patents, copyrights, trademarks, trade secrets or other
intellectual property.

 

6.2           Trademarks.   Nothing in this Agreement
shall be construed as giving either party any right to use any trademark,
service mark, trade name, logo, designation or other identifier of the other
party at any time during or after the term of this Agreement. OPNET shall
re-brand any Software or Derivative Products which it markets, makes available
to third parties or which it uses internally pursuant to the provisions of
Sections 4.1, 4.2, and 4.3 above.

 

6.3           Limited Transfer of Rights.   Except
as expressly set forth in Section 3 above, the parties agree that nothing
in this Agreement is intended or should be construed as transferring ownership
rights of any kind from one party to the other with respect to any intellectual
property held or developed by either party.

 

7.             Economic Terms.

 

7.1           Source Code License Fee.   In
consideration for the license rights granted under Section 4 above and a
non-exclusive, non-royalty-bearing, perpetual (subject to the terms set forth
in Section 13.1 and 13.2 below) license to all patents in the Software or
the Source Materials, OPNET shall remit to RadView a Source Code License Fee in
the amount of THREE HUNDRED TEN THOUSAND DOLLARS  ($310,000($US)). Such amount shall be
payable, in full, upon the Effective Date.

 

7.2           Initial Services Fee.   In
consideration for the Services being made available to OPNET pursuant to Section 5.1
above, OPNET shall remit to RadView an Initial Services Fee in the amount of
TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000 ($US)). Such amounts shall be due
and payable in four installments as follows:

 

•                  FIFTY THOUSAND DOLLARS ($50,000($US)) shall
be due and payable on the Effective Date;

•                  FIFTY THOUSAND DOLLARS ($50,000($US)) shall
be due and payable on December 19, 2005;

•                  FIFTY THOUSAND DOLLARS ($50,000($US)) shall
be due and payable on January 2, 2006; and

•                  ONE HUNDRED THOUSAND DOLLARS ($100,000 ($US))
shall be due and payable on January 16, 2006;

 

provided,
however, that in the event the Consultants, or any one of them, (a) is
unwilling to travel to the United States to perform the Services, (b) does
not respond in a reasonable timeframe (as evaluated against the nature of the
request and taking into account the effect of potentially different time
zones), or (c) is not qualified to provide any of the Services (it being
understood that each of the Consultants may be bringing different areas of
expertise to bear in support of the Services), then in any such event, the
payment schedule for the installments due and payable on December 19,
2005, January 2, 2006, and January 16, 2006 shall be revised as
follows:

 

•                  The second installment shall be due and
payable on January 2, 2006;

•                  The third installment payment shall be due
and payable on January 16, 2006; and

 

5

 

•                  The fourth installment payment shall be due
and payable on January 30, 2006.

 

7.3           Additional Service Fees.   In
the event that OPNET elects to extend the Knowledge Transfer Period pursuant to
the provisions of Section 5.3 above, OPNET shall remit to RadView an
amount equal to ONE THOUSAND TWO HUNDRED DOLLARS ($1,200($US)) for each
additional staff day included in the extension (e.g., an extension of ten
business days to the Knowledge Transfer Period with respect to two Consultants
would entail an additional Services fee of $24,000 (10 days x two consultants x
$1,200)). The Service fees for the initial Knowledge Transfer Period and for
any extension thereof are based on an eight (8) hour day. Service hours in
excess of eight (8) hours per day shall be invoiced at a rate of $175
($US) per hour. The additional Service fee associated with the extension to the
Knowledge Transfer Period shall be invoiced at the conclusion of each week
during which additional services were completed after the expiration of the
original Knowledge Transfer Period (e.g., using the example above of a ten day
extension for two consultants, an additional Services fee of TWELVE THOUSAND
DOLLARS ($12,000 ($US) would be invoiced at the conclusion of each successive
week after the expiration of the original Knowledge Transfer Period, for a
total consideration of TWENTY-FOUR THOUSAND DOLLARS ($24,000 ($US)), payable as
described in Section 7.5). Additional Service hours (i.e., hours in excess
of eight (8) hours for any staff day during the Knowledge Transfer Period
or any extension thereof) shall be performed only with the prior written
consent of OPNET.

 

7.4           Consultant’s Bonus and Travel Expenses.   OPNET
shall be responsible for: (a) reimbursing RadView for Consultant Bonus
amounts determined under Section 5.3 and actually paid by RadView to
Knowledge Transfer Consultants, and (b) all reasonable travel-related
expenses incurred by RadView in connection with the performance of the Services
provided that (i) such expenses are consistent with  travel expense guidelines set forth in Exhibit E
hereto, and (ii) the travel has been pre-approved in writing by or
scheduled with the written consent of OPNET. OPNET shall not be liable for
reimbursing RadView for any international travel-related expenses incurred by
the Training Consultant.

 

7.5           Payment Terms.   (a) Excepting
payments required under Sections 7.1 and 7.2, all invoices submitted by RadView
shall be due and payable within thirty (30) days following invoice receipt. The
fees set forth above do not include any applicable taxes or duties. OPNET and
RadView shall each be responsible for such taxes to the extent required by law.
All invoices, fees and payments shall be stated and paid in United States
dollars. (b) All payments required by OPNET under Sections 7.1 and
7.2 shall be by wire transfer of immediately available funds to an account
designated in writing by RadView.

 

8.             Protection of Confidential
Information.

 

8.1           Definition of
Confidential Information.   During
the term of this Agreement, either party may disclose to the other certain
proprietary or confidential information, including without limitation
information relating to the disclosing party’s business, products, services,
finances, customers or strategies (“Confidential Information”). Confidential
Information may include technical information and may be in tangible
or intangible form. All Confidential Information will be marked as confidential
or proprietary at the time of disclosure or, in the case of oral disclosure,
will be designated as confidential at the time of disclosure and promptly
confirmed in writing thereafter; provided, however, that the Source Materials
and any materials reflecting or incorporating the Source Materials (in whole or
in part) shall be deemed Confidential Information whether or not expressly
designated as such. In addition, information which by the nature of its content
and the circumstances of its disclosure would reasonably be understood to be
the confidential and/or proprietary information of the disclosing party shall
be treated as Confidential Information by the receiving party. The term “Confidential
Information” shall not include information that (a) is in the public
domain or which enters the public domain other than through an action of the
receiving party, (b) is published or otherwise made known to the public by
the disclosing party, (c) is lawfully known to or in the possession of the
receiving party prior to its receipt hereunder, provided that the information
was not received from the disclosing party or a third party with an obligation
of confidentiality to the disclosing party.

 

8.2           Obligations to Protect Confidential
Information.   Each party agrees to protect the Confidential
Information it receives from the other party with the same degree of care it
uses to protect its own Confidential Information but in no case less than a
reasonable degree of care. OPNET shall treat all RadView source code received
under this Agreement with the same degree of care as OPNET uses to protect its
own source code but in

 

6

 

no
case less than a reasonable degree of care; OPNET may disclose source code
received under this Agreement on a need to know basis to any person or entity
for legitimate business reasons, as determined by OPNET, provided the party
receiving access to the source code has entered into a written nondisclosure
agreement with OPNET containing terms as least as restrictive as the
nondisclosure obligations in this Agreement. Each party further agrees to hold in
confidence and not to disclose or reveal to any person or entity any
Confidential Information disclosed by the other party hereunder without the
clear and express prior written consent of a duly authorized representative of
the disclosing party provided, however, that any party may make any public
disclosure it believes in good faith is required by applicable law, regulation
or stock market rule. The receiving party further agrees not to use or disclose
any of the Confidential Information of the disclosing party for any purpose at
any time, other than for the limited purpose(s) for which the disclosure was
made as contemplated by this Agreement. Except as provided in Sections 8.3 and
8.4 below, each party agrees that disclosure of the other party’s Confidential
Information shall be strictly limited to disclosure to employees or independent
contractors with a need to know the information for the purposes of this
Agreement, and each party agrees that each such employee or independent
contractor will be informed of the confidential and/or proprietary nature of
the information and will be bound, prior to disclosure, by a written agreement
containing substantially the same confidentiality terms as those in this Section 8.
Nothing in this Section 8 shall be construed to prohibit the disclosure of
the Software, Source Materials, Derivative Products or Derivative Product
source code by OPNET to an escrow agent or other third party who is subject to
a written agreement containing substantially the same confidentiality terms as
those in this Section 8.

 

8.3           Required Disclosure.   In
the event that either party is required to disclose any portion of any
Confidential Information of the other party or any other materials proprietary
to the other party in conjunction with a judicial or administrative proceeding,
the party so directed shall immediately notify the other party both orally and
in writing. Each party agrees to provide the other with reasonable cooperation
and assistance in obtaining a suitable protective order and in taking any other
steps to preserve confidentiality of the Confidential Information which is
required to be disclosed.

 

8.4           No Publicity.   Unless
and until the terms of the Agreement are publicly disclosed by either party in
a filing made with the United States Securities Exchange Commission,
information relating to the substance and/or terms of this Agreement shall be
deemed Confidential Information, and neither party shall disclose such
information to third parties without the prior written consent of the other;
provided, however, that each party shall be entitled to disclose, on a limited
basis as possible in any discussions with analysts, current customers,
prospective clients or government regulators or to comparable parties, the
nature and scope of the relationship, the respective roles of the parties, the
deliverables, services to be provided, and the fees payable to RadView.

 

8.5           Pre-Existing Non-Disclosure Agreement.   Nothing
set forth herein shall be construed to diminish or qualify the obligations
undertaken by the parties pursuant to the mutual non-disclosure agreement
previously executed between the parties but rather, such agreement shall remain
in full force and effect.

 

9.             Representations and Warranties.

 

9.1           Authority to Enter into Agreement.   By
its execution of this Agreement, each party represents and warrants that it has
the full right and authority to enter into this Agreement and that it is
capable, prepared and intent on meeting its obligations and responsibilities
hereunder.

 

9.2           Intellectual Property Warranty.   RadView
warrants that it holds full right and title to the Source Materials, with the
exception of any third party source materials which may be included within
the Source Materials and which shall be disclosed in writing to OPNET as
described in Section 12.4. RadView further warrants that, to RadView’s
knowledge and subject to OPNET’s obtaining any required third party licenses
there is no third party right which would interfere with or burden OPNET’s
exercise of its rights hereunder. OPNET agrees that its sole and exclusive
remedy for any breach of the foregoing warranties shall be as set forth in Section 10.1
below. OPNET further acknowledges and agrees that the foregoing warranties by
RadView do not apply to any third party intellectual property issue arising out
of any modification or extension of or to the Source Materials or the Software
caused by OPNET or by any third party contractor of OPNET and which would not
exist but for such modification(s) and/or extension(s).

 

7

 

9.3           No Warranty on Source Materials.   Subject
to the limited warranties set forth in Section 9.2 above, OPNET
acknowledges and agrees that RadView is delivering the Source Materials “AS IS”
without warranty of any kind, whether express or implied. RadView expressly
disclaims any and all warranties with respect to such Source Materials,
including, without limitation, any implied warranties or those arising out of
usage of trade. OPNET further
acknowledges and agrees that, except as otherwise expressly set forth with
respect to the Services identified in Section 5 above, RadView’s
obligations under Sections 8 and 10, and the additional undertakings of RadView
set forth in Section 12 below, RadView shall have no further obligation to
OPNET with respect to the Software or the Source Materials.

 

9.4           No Warranty on Services.   RadView
makes no warranties or representations, express or implied, oral or written,
with respect to the Services provided under this Agreement, whether to OPNET or
to any other entity. RadView expressly disclaims any and all warranties with
respect to such Services, including, without limitation, any implied warranties
or those arising out of usage of trade.

 

10.          Indemnification Obligations.

 

10.1         Indemnification of OPNET by RadView for Third
Party Claims.   Subject to the Limitations of Section 11,
RadView shall indemnify and hold OPNET (and all of its officers, employees,
directors, consultants, contractors and agents) harmless from and with respect
to any loss, expense, costs, damages (including reasonable attorneys’ fees and
costs) or other liability, arising out of or relating to any claim, demand,
suit or proceeding brought by a third party (individually and collectively, a “Claim”)
against OPNET (or any of its officers, employees, directors, consultants,
contractors and agents) insofar as such Claim, shall be based upon or arise out
of (a) a breach by RadView of its obligations under this Agreement, or (b) an
alleged or actual violation of third party intellectual property rights by the
Source Materials (in the form provided by RadView to OPNET and exclusive
of any third party source materials which may be included therewith). OPNET
shall give RadView prompt written notice of any such Claim and control over the
defense and settlement of such claim (provided that RadView will not enter into
any settlement which imposes any obligations or constraints on OPNET without
the prior written consent of OPNET), and shall provide at RadView’s expense
reasonable cooperation and assistance as RadView may request from time to
time in the defense thereof. OPNET shall have the right, but not the
obligation, to participate in such litigation or proceeding at its sole expense
through counsel of its own choosing.

 

10.2         Indemnification of RadView by OPNET for Third
Party Claims.   Subject to the limitations of Section 11,
OPNET shall indemnify and hold RadView (and all of its officers, employees,
directors, consultants, contractors and agents) harmless from and with respect
to any loss, expense, costs, damages (including reasonable attorneys’ fees and
costs) or other liability, arising out of or relating to any claim, demand,
suit or proceeding brought by a third party (individually and collectively, a “Claim”)
against RadView (or any of its officers, employees, directors, consultants,
contractors and agents) insofar as such Claim, shall be based upon or arise out
of (a) a breach by OPNET of its obligations under this Agreement, or (b) the
creation, use, modification, support or distribution of a Derivative Product by
OPNET or a third party to whom OPNET has provided access or authority to use
the Source  Materials, to the extent such
Claim is not covered by clause (b) of Section 10.1 above. RadView
shall give OPNET prompt written notice of any such Claim and control over the
defense and settlement of such claim (provided that OPNET will not enter into
any settlement which imposes any obligations or constraints on RadView without
the prior written consent of RadView), and shall provide at OPNET’s expense
such reasonable cooperation and assistance as OPNET may request from time
to time in the defense thereof. RadView shall have the right, but not the
obligation, to participate in such litigation or proceeding at its sole expense
through counsel of its own choosing.

 

10.3         Indemnification of Employment Claims.   OPNET
shall indemnify and hold RadView harmless against any and all claims which may be
brought against RadView (and/or any of its officers, employees, directors,
consultants, contractors and agents) by one or more Consultants based on
actions or failures to act by OPNET with respect to such Consultant’s provision
of the Services, including, without limitation, claims by a Consultant of
sexual harassment or sexual or other prohibited discrimination by OPNET;
provided, however, that OPNET shall have no obligation under the terms of this
paragraph in the event the Consultant’s claim is based on the action or failure
to act by RadView.

 

8

 

11.          Limitation of Liability and
Exclusion of Consequential Damages.

 

NOTWITHSTANDING
ANYTHING STATED IN THIS AGREEMENT TO THE CONTRARY IN NO EVENT SHALL RADVIEW BE
LIABLE TO OPNET OR TO ANY THIRD PARTY CLAIMING DIRECTLY OR THROUGH OPNET FOR
ANY DAMAGES OF ANY KIND, OR UNDER ANY CIRCUMSTANCES, INCLUDING WITHOUT
LIMITATION, (A) ANY INCIDENTAL INDIRECT, PUNITIVE, OR SPECIAL DAMAGES, OR (B) ANY
DAMAGES WHATSOVER RESULTING FROM LOSS OF USE, DATA, REVENUES, BUSINESS OR
PROFITS, OR COSTS OF PROCUREMENT OF SUBSTITUTE PRODUCTS OR SERVICES, IN EITHER
EVENT ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT AND/OR THE SOURCE
MATERIALS AND/OR THE SOFTWARE, EVEN IF RADVIEW HAD BEEN APPRISED OF THE
LIKELIHOOD OF SUCH DAMAGES OCCURRING.

 

NOTWITHSTANDING
ANYTHING STATED IN THIS AGREEMENT TO THE CONTRARY IN NO EVENT SHALL OPNET BE
LIABLE TO RADVIEW OR TO ANY THIRD PARTY CLAIMING DIRECTLY OR THROUGH RADVIEW
FOR ANY DAMAGES OF ANY KIND, OR UNDER ANY CIRCUMSTANCES, INCLUDING WITHOUT
LIMITATION, (A) ANY INCIDENTAL INDIRECT, PUNITIVE, OR SPECIAL DAMAGES, OR (B) ANY
DAMAGES WHATSOVER RESULTING FROM LOSS OF USE, DATA, REVENUES, BUSINESS OR
PROFITS, OR COSTS OF PROCUREMENT OF SUBSTITUTE PRODUCTS OR SERVICES, IN EITHER
EVENT ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT AND/OR THE SOURCE
MATERIALS AND/OR THE SOFTWARE, EVEN IF OPNET HAD BEEN APPRISED OF THE
LIKELIHOOD OF SUCH DAMAGES OCCURRING.

 

12.          Additional Obligations of
RadView.

 

12.1         Export Control Information.   Promptly
following RadView’s receipt of the Source Code License Fee, RadView shall
provide to OPNET any existing export control certificates, product
classification documents, export review applications for the Software issued by
the Israeli or United States governments.

 

12.2         RadView Employees.   Promptly following RadView’s receipt of the
Source Code License Fee, RadView shall provide to OPNET a list of the names and
titles of employees who have left the employment of RadView during the twelve
(12) month period preceding the Effective Date. For any former or current
RadView employee hired by OPNET under conditions that do not violate Section 12.3,
RadView shall waive any post-employment noncompete restrictions or other
restrictions that would prohibit the former employees from working for OPNET or
on the Source Materials or OPNET’s Derivative Product(s). For purposes of this Section 12.2,
employees will be deemed to have left the employment of RadView if they are no
longer employed by RadView or a RadView affiliate.

 

12.3         Restrictive Covenant Pertaining to RadView
Employees.   (a) OPNET shall not directly or
indirectly solicit or permit any organization on its behalf to directly or
indirectly solicit for employment (or for work as an independent contractor)
any employee of RadView. Provided there is no violation of Section 12.3(a) above,
OPNET is allowed to hire up to three (3) RadView current employees. All
prohibitions and restrictions applicable to OPNET under this Section 12.3
shall terminate upon the earlier of three (3) months after the completion
of the Knowledge Transfer Period including any extensions thereto permitted
under this Agreement, or the date RadView files for bankruptcy or is the
subject of an involuntary bankruptcy or has all assets assigned for the benefit
of creditors.

 

12.4         Third Party Vendors for Software.   Attached
hereto as Exhibit F is a list of the third party components and technology
used by RadView to create, support and distribute the Software, including,
without limitation, the third party tools used for key generation and
distribution. RadView warrants that Exhibit F attached hereto is true and
correct as of the Effective Date, and that it contains a comprehensive listing
of third party components and technology for the Software as distributed by
RadView on the Effective Date. Exhibit F shall list the third party
components and technology according to the following categories:  Used for WebFT or Used for WebLOAD. On or
before January 6, 2006, and using its “best effort”, RadView shall deliver
to OPNET a revised Exhibit F that shall also include a listing of third
party components and technology used by RadView to create, support and
distribute the Software during the 48 months immediately preceding the
Effective Date.

 

9

 

Upon
receipt by OPNET the revised Exhibit F shall amend this Agreement and
shall be incorporated herein by this reference.

 

12.5         OEM Agreement Amendment and Termination.   As a
material condition of this Agreement, RadView and OPNET shall amend the OEM
Agreement dated June 30, 2003 by and between Altaworks Corporation and
RadView substantially in the form of the amendment attached hereto as Exhibit G.

 

13.          Termination.

 

13.1         Termination Prior to Delivery of Deliverables and
Expiration of Knowledge Transfer Period.   At
any time prior to the latter of: (a) delivery of all Source Materials
described in Section 3 or (b) the expiration of the Knowledge
Transfer Period, either party may terminate this Agreement upon written
notice in the event one party breaches a material term in this Agreement and
fails to cure the breach(es) identified in a written notice to the breaching
party within twenty (20) days (the “20-day Cure Period”) following the date of
such written notice, and further provided that the breach(es) remain ongoing as
of the end of the 20-day Cure Period. Termination of this Agreement by RadView
under this Section 13.1 shall not relieve OPNET of its obligation to pay
to RadView the fees identified in Section 7.

 

13.2         Termination by RadView or OPNET.   Upon expiration of the termination rights
under Section 13.1, either party may terminate this Agreement upon
written notice in the event one party breaches a material term in this
Agreement and fails to cure the breach(es) identified in a written notice to
the breaching party within forty-five (45) days (the “45-day Cure Period”)
following the date of such written notice, and further provided that the
breach(es) remain ongoing as of the end of the 45-day Cure Period.

 

13.3         Damages
and Limitation of Damages.   If a
breach of this Agreement occurs that cannot be cured within the cure period
under Section 13.1 or 13.2 the breaching party shall be liable for the
actual damages of the nonbreaching party but not to exceed ONE MILLION DOLLARS
($US). Excepting breaches of this Agreement that are the direct result of bad
faith conduct the nonbreaching party’s sole remedy under this section shall
be the recovery of actual damages subject to the limitations herein. The
Limitation of Damages under this Section shall not apply to a material
breach of this Agreement that is the direct result of bad faith conduct by the
breaching party.

 

13.4         Survival of Terms.   Those terms which, by their nature, would be
reasonably understood to survive any expiration or termination of this
Agreement shall so survive, including Sections 2, 6, 7-11, 13.4, and 14.

 

14.          Miscellaneous.

 

14.1         Entire Agreement.   This
Agreement constitutes the entire understanding and agreement between the
parties hereto and supersedes any and all prior or contemporaneous
representations, understandings and agreements between OPNET and RadView with
respect to the subject matter hereof, all of which are merged herein. Notwithstanding
the foregoing, the parties understand and agree that any confidentiality agreements
between the parties are separate from this Agreement, and, except as may be
expressly stated herein, nothing contained in this Agreement shall be construed
as affecting the rights or obligations of either party set forth in any such
agreement. It is expressly understood and agreed that no employee, agent or
other representative of either party has any authority to bind such party with
regard to any statement, representation, warranty, or other expression unless
the same is specifically set forth or incorporated by reference herein. It is
expressly understood and agreed that, there being no expectation of the
contrary between the parties hereto, no usage of trade or custom and practice
within the industry, and no regular practice or method of dealing between the
parties hereto, shall be used to modify, supplement or alter in any manner the
terms of this Agreement or any part hereof. This Agreement shall not be
modified, amended or in any way altered except by an instrument in writing
signed by an officer of RadView and an officer of OPNET.

 

14.2         Independent Parties. Nothing contained herein shall be deemed to
create or construed as creating a joint venture or partnership between OPNET
and RadView. Neither party is, by virtue of this Agreement or otherwise,
authorized as an agent or legal representative of the other party. Neither
party is granted any right or authority to assume or to create any obligation
or responsibility, express or implied, on behalf of or in the name

 

10

 

of
the other party or to bind such other party in any manner. Further, it is not
the intention of this Agreement or of the parties hereto to confer a third
party beneficiary right of action upon any third party or entity whatsoever, and
nothing hereinbefore or hereinafter set forth shall be construed so as to
confer upon any third party or entity other than the parties hereto a right of
action under or in connection with this Agreement.

 

14.3         Waiver.   No waiver of any provision of
this Agreement or any rights or obligations of either party hereunder shall be
effective, except pursuant to a written instrument signed by the party or
parties waiving compliance, and any such waiver shall be effective only in the
specific instance and for the specific purpose stated in such writing.

 

14.4         Amendments.   All amendments or
modifications of this Agreement shall be binding upon the parties despite any
lack of consideration so long as the same shall be in writing and executed by
the parties hereto in accordance with the other terms of this Agreement
regarding modifications.

 

14.5.        Severability of Provisions.   In
the event that any provision hereof is found invalid or unenforceable pursuant
to judicial decree or decision, the remainder of this Agreement shall remain
valid and enforceable according to its terms.

 

14.6.        Assignment.   Except as otherwise permitted
under this Agreement neither party shall have the right to, and each party
covenants that it will not, assign or transfer this Agreement or any of its
rights, duties or obligations hereunder for a period of one (1) year
following the Effective Date of the Agreement. Either party however, shall have
the right at any time after the Effective Date to assign or transfer this
Agreement or any interest herein (including rights and duties of performance),
upon written notice to the other party, to any entity: (i) which acquires
all or substantially all of such party’s operating assets, (ii) which
acquires more than 50% of such party’s issued and outstanding shares, (iii) which
is under common ownership or control with a party to this Agreement, or (iv) into
which a party to this Agreement is merged or reorganized pursuant to any plan
of merger or reorganization.

 

14.7         Choice of Law; Forum and Jurisdiction.   This
Agreement was entered into in the Commonwealth of Massachusetts, and its
validity, construction, interpretation and legal effect shall be governed by
the laws and judicial decisions of the Commonwealth of Massachusetts applicable
to contracts entered into and performed entirely within Massachusetts. The
parties expressly agree that any action arising out of or relating to this
Agreement shall be filed and maintained only in the courts of the State of
Massachusetts for the County of Middlesex, or the United States District Court
for Middlesex County. The parties hereby consent and submit to the personal
jurisdiction of such courts for the purposes of litigating any such action.

 

14.8         Attorneys’ Fees.   In
the event any litigation or other proceeding is brought by either party arising
out of or relating to this Agreement, the prevailing party in such litigation
or other proceeding shall be entitled to recover from the other party all
costs, attorneys’ fees and other expenses incurred by such prevailing party in
such litigation or proceeding.

 

14.9         Force Majeure.   Neither
party shall be deemed in default if its performance or obligations hereunder
are delayed or become impossible or impractical by reason of any act of God,
war, fire, earthquake, labor dispute, accident, civil commotion, epidemic, act
of government or government agency or officers, or any other cause beyond such
party’s control.

 

14.10       Counterparts.   This
Agreement may be executed in counterparts, each of which shall be deemed
an original and all of which together shall constitute one and the same
instrument. The signature on any counterpart which is transmitted
by facsimile to the other party shall be deemed the same as an original
signature.

 

14.11       Notices.   Notice to either party to this
Agreement shall be deemed received on the day of delivery if delivered, with
confirmation of receipt, by electronic facsimile, by courier or by hand during
normal business hours, and the following day if delivered after normal business
hours. Delivery of all notices shall be made to the following persons at the
respective addresses of the parties first set forth above: for RadView, to the
attention of its Chief Financial Officer (fax number (781) 238-8875); for
OPNET, to the attention of Marc A. Cohen,

 

11

 

Chairman
and CEO (fax number (240) 497-1060 with a copy to:  Corporate Counsel (fax number (301)
497-1062).

 

EACH
PARTY RECOGNIZES AND AGREES THAT THE WARRANTY DISCLAIMERS AND LIABILITY AND
REMEDY LIMITATIONS IN THIS AGREEMENT ARE MATERIAL BARGAINED FOR BASES OF THIS
AGREEMENT AND THAT THEY HAVE BEEN TAKEN INTO ACCOUNT AND REFLECTED IN
DETERMINING THE CONSIDERATION TO BE GIVEN BY EACH PARTY UNDER THIS AGREEMENT
AND IN THE DECISION BY EACH PARTY TO ENTER INTO THIS AGREEMENT.

 

IN
WITNESS WHEREOF, the parties have executed this Agreement as of the date first
set forth above.

 

 

	
  OPNET
  TECHNOLOGIES, INC.

  	
  RADVIEW
  SOFTWARE, LTD.

  
	
   

  	
   

  
	
  By:

  	
  /s/
  ALAIN COHEN

  	
   

  	
  By:

  	
  /s/
  ILAN KINREICH

  	
   

  
	
  Name:
  Alain Cohen

  	
  Name:
  Ilan Kinreich

  
	
  Title:
  President and CTO

  	
  Title:
  President and CEO

  
	
  Date:
  December 7, 2005

  	
  Date:
  December 7, 2005

  
						

 

12

 

Exhibits:

 

A.
Software

B.
RadView Entity List – 5 Year  Prohibition

C.
RadView Entity List – 2 Year Prohibition

D.
RadView Paid Holidays 

E.
OPNET’s Travel Expense Guidelines

F.
Third Party Components and Technology

G. Amendment to OEM Agreement

 

EXHIBIT A: 
SOFTWARE

 

WebLOAD

 

All
Utility Programs associated with or distributed with WebLOAD

 

WebFT

 

All
Utility Programs associated with or distributed with WebFT

 

EXHIBIT B: 
RADVIEW ENTITY LIST – 5-YEAR PROHIBITION

 

Compuware Corporation
and any subsidiary or affiliated company

 

The Rational Division of International Business
Machines Corporation (“IBM”)

 

Empirix Inc. and any
subsidiary or affiliated company

 

Mercury Interactive Corporation
and any subsidiary or affiliated company

 

Segue Software, Inc. and
any subsidiary or affiliated company

 

Wily Technology, Inc. and
any subsidiary or affiliated company

 

EXHIBIT C: 
RADVIEW ENTITY LIST – 2-YEAR PROHIBITION

 

APPLABS Technologies Pvt. Ltd

 

Identify Software Ltd.

 

Radware Ltd.

 

Shunra Software Ltd.

 

Symantec Corporation/VERITAS Software
Corporation

 

EXHIBIT D: RADVIEW PAID HOLIDAYS
DURING KNOWLEDGE TRANSFER PERIOD

 

	
  Date

  	
   

  	
  Name

  
	
   

  	
   

  	
   

  
	
  Monday, January 2, 2006

  	
   

  	
  New Year’s Day (Observed)

  
	
   

  	
   

  	
   

  
	
  Monday, January 16, 2006

  	
   

  	
  Dr. Martin Luther King, Jr. Day (Observed)

  

 

13

 

EXHIBIT E: OPNET’S TRAVEL EXPENSE
GUIDELINES

 

TO
BE PROVIDED 

 

EXHIBIT F: THIRD PARTY COMPONENTS AND
TECHNOLOGY

 

TO
BE PROVIDED

 

EXHIBIT G: OEM AGREEMENT AMENDMENT

 

TO
BE PROVIDED

 

14

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