0001019687-08-003190 Sample Contracts

SETTLEMENT AND RELEASE AGREEMENT
Settlement and Release Agreement • July 24th, 2008 • NewCardio, Inc. • Electromedical & electrotherapeutic apparatus • California

This Settlement and Release Agreement (the "Agreement") is made by and between NewCardio, Inc., a Delaware corporation (the "Company") and Samuel E. George, M.D. ("SG") as of October 1, 2006 (the "Effective Date").

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CONSULTING AGREEMENT
Consulting Agreement • July 24th, 2008 • NewCardio, Inc. • Electromedical & electrotherapeutic apparatus

THIS IS AN AGREEMENT, effective September 13, 2007 between E4 LLC, a Florida based company (hereinafter called "Consultant"), and NewCardio, Inc., a Delaware corporation, having an address at 2033 Gateway Plaza, Suite 500, San Jose, CA 95110 (hereinafter called "Company").

NEWCARDIO, INC. CONSULTING AGREEMENT
Consulting Agreement • July 24th, 2008 • NewCardio, Inc. • Electromedical & electrotherapeutic apparatus • California

This Consulting Agreement ("Agreement") is made and entered into as of the 1st day of May, 2008 ("Effective Date"), by and between NewCardio, Inc. ("NewCardio" or "Company"), and JFS Investments ("Consultant"). Company desires to retain Consultant as an independent contractor to perform consulting services for Company and Consultant is willing to perform such services, on terms set forth more fully below. In consideration of the mutual promises contained herein, the parties agree as follows:

WAIVER
Waiver • July 24th, 2008 • NewCardio, Inc. • Electromedical & electrotherapeutic apparatus

THIS WAIVER (this "Waiver") is dated as of March 13, 2008, by and among NewCardio, Inc., a Delaware corporation (the "Company"), and the holders identified on the signature pages hereto (collectively, the "Holders"). Unless otherwise defined herein, all capitalized terms used herein shall have the respective meanings provided such terms in the Registration Rights Agreement referred to below.

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