INVESTMENT SUPPORT AGREEMENT
EXHIBIT 10.47
This Investment Support Agreement dated as of March 1, 2007 by and between DIASYS CORPORATION, a Delaware corporation with a principal place of business at 00 Xxxx Xxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxxxx 00000 (the "Company"), and XXXXXX XXXXXXXXX, an individual, with an address at MS Management Corp., 000 Xxxxxx Xxxxx, Xxxxx 000, Xxxxxxxxx, XX 00000 (the "Investor").
Inconsideration of the investment being made by the Investor pursuant to the Investment Agreement between the parties being entered into concurrently herewith, the Company agrees that it will pay to the Investor the sum of Four Thousand Dollars ($4,000) per month for a period of 12 months, commencing April 1, 2007 and continuing on the first day of each month through March 1, 2008.
As collateral security for the obligations of the Company hereunder, the Company hereby grants to the Investor a first lien and security interest in all of the assets of the Company.
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized officers as of the date first written above.
COMPANY:
DIASYS CORPORATION
By: S/ XXXXXXX X. XXXXXXXX
Xxxxxxx X. Xxxxxxxx
President
INVESTOR:
S/XXXXXX XXXXXXXXX
Xxxxxx Xxxxxxxxx
