Second Loan Restructure Agreement (February 9th, 2007)
This SECOND LOAN RESTRUCTURE AGREEMENT between the parties (this "Agreement") is made and entered into this 5th day of February 2007 by and between Siena Technologies, Inc., formerly known as Network Installation Corp., a Nevada corporation (Siena), and its subsidiary Kelley Communication Company, Inc., a Nevada corporation (Kelley)(collectively referred to as the Company), and Dutchess Private Equities Fund Ltd., is successor in interest to Dutchess Private Equities Fund LP and Dutchess Private Equities Fund II LP, and Dutchess Advisors Ltd. (collectively referred to as Dutchess)(the Company and Dutchess are sometimes hereinafter collectively referred to as the Parties).
Contract (October 6th, 2005)
EXHIBIT 4.8 SECURITY AGREEMENT ------------------ THIS SECURITY AGREEMENT (the "Agreement"), is entered into and made effective as of September 22, 2005, by and between Network Installation Corp, a Nevada corporation with its principal place of business located at 15235 Alton Parkway, Suite 200, Irvine, CA 92618 and it's subsidiary Kelley Communication Company, Inc (collectively the "Company"), and Dutchess Private Equities Fund LP and Dutchess Private Equities Fund, II, LP (collectively the "Secured Party"). WHEREAS, the Company shall issue and sell to the Secured Party $625,000 of its Convertible Debentures, as provided in the Subscription Agreement of even date herewith between the Company and the Secured Party (the "Subscription Agreement"), and the Secured Party (the "Subscription Agreement"), and the Company has previously issue and sold other of its Convertible Debentures to the Secured Party during