Gilford Securities Incorporated. By: /s/ Xxxxxx Xxxxx ------------------------ Its: Senior VP ------------------------- EXHIBIT A XXXXXXXX XXXXXXXXX 000 XXXXX XXXXXXXX XXXXXX XXXXX 0000 XXXXXXX, XX 00000-0000 August 5, 1999 Photogen Technologies, Inc. 0000 Xxx Xxxxx Xxxxxxx, Xxxxx X Xxxxxxxxx, XX 00000 RE: STANDBY AGREEMENT Gentlemen: Xxxxxx X. Xxxxxxxxx, M.D. and I understand that Photogen Technologies, Inc. (the "Company") will be raising at least $5 million in additional financing during the fourth quarter of 1999 to fund certain research projects and other working capital needs. Xx. Xxxxxxxxx and I are prepared to assure the success of that financing on the following terms and conditions:
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Samples: Tannebaum Theodore, Wachter Eric PHD, Photogen Technologies Inc