AGREEMENTAgreement • April 15th, 2010 • Noble Medical Technologies, Inc. • Electromedical & electrotherapeutic apparatus • Delaware
Reference is hereby made to that certain Letter Agreement by and among George Elliott (“Elliott”), Trinad Capital Master Fund, Ltd., (“Trinad”) and ANAXMAR Segregated Portfolio, dated April 28, 2009 (the “Letter Agreement”), whereby, among other things, Elliott has been given the option to pay the Trinad Fee and satisfy in full his obligations to Trinad under the Letter Agreement by returning the NBLM Shares to Trinad, provided that Trinad shall have returned to Elliott the stock certificate evidencing the Series B Preferred Stock (with the appropriate stock powers). This agreement confirms that Elliott has elected to assign and transfer to Trinad the NBLM Shares owned by Elliott to fully satisfy his obligations to Trinad under the Letter Agreement and that Trinad in return hereby assigns and transfers to Elliott the Series B Preferred Stock, on the terms and conditions set forth herein. Capitalized terms used herein and not defined shall have the meanings ascribed to them in the Lette
