0001144204-06-028551 Sample Contracts

WARRANT TO PURCHASE ____________ SHARES OF THE COMMON STOCK OF STATMON TECHNOLOGIES CORP.
Statmon Technologies Corp • July 14th, 2006 • Drilling oil & gas wells • New York

This is to certify that, FOR VALUE RECEIVED, ___________ (The “Holder”) is entitled to purchase, subject to the provisions of this Warrant, from STATMON TECHNOLOGIES CORP., a Nevada corporation (the “Company”), ______________ shares of the common stock of the Company, $.01 par value (the “Common Stock”), at a price of one dollar and twenty-five cents ($1.25) per share at any time or from time to time from the date hereof until 5:00 P.M., New York City Time on the Termination Date. The number of shares to be received upon the exercise of this Warrant and the price to be paid for each such share shall be adjusted from time to time as hereinafter set forth. The shares deliverable upon such exercise, and as adjusted from time to time, are hereinafter sometimes referred to as “Warrant Shares” and the exercise price of this Warrant as in effect at any time as adjusted from time to time is hereinafter sometimes referred to as the “Exercise Price.”

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NON-EXCLUSIVE RESELLER AGREEMENT
Non-Exclusive Reseller Agreement • July 14th, 2006 • Statmon Technologies Corp • Drilling oil & gas wells • California

This Non-Exclusive Reseller Agreement for purchase and sale of remote monitoring products (hereinafter this “Agreement”) is made effective as of this 26 day of May 2006 (“Effective Date”) by and between Harris Corporation, a Delaware corporation, operating through its Broadcast Communications Division with offices located at 4393 Digital Way, Mason, Ohio 45040 (hereinafter “Harris”), and Statmon Technologies Corp., a Nevada corporation, with offices located at 345 N. Maple Drive, Suite 120, Beverly Hills, CA 90210 (hereinafter “Statmon”).

PROMISSORY NOTE
Statmon Technologies Corp • July 14th, 2006 • Drilling oil & gas wells • California

FOR VALUE RECEIVED, the undersigned (“Maker”), promises to pay to the order of _______________________________________, his successors and assignees (“Payee”), at or at such other place as Payee may from time to time designate, in lawful money of the United States of America, the principal sum of _____________________, or such lesser amount that may be outstanding pursuant to the terms of this Promissory Note (the “Note”), together with interest on the unpaid principal balance hereof from time to time outstanding, until maturity as provided below.

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