Contract

ARROGENE NANOTECHNOLOGY, INC. 0000 Xxxx Xxxxxxx Xxxx # 000X Xxx Xxxxxxx, XX  00000	SRKP 16, INC. 0000 Xxxxx Xxxxx Xxxxx, Xxxxx 000 Lauderdale by the Xxx, XX 00000
GVC CAPITAL LLC 0000 X. Xxxxxx Xxxxxx, Xxxxx 000 Xxxxxxxxx Xxxxxxx, XX 00000	WESTPARK CAPITAL, INC. 0000 Xxxxxx xx xxx Xxxxx, Xxxxx 000 Xxx Xxxxxxx, XX 00000
XXXXXX STREET BANK & TRUST 00 Xxxxx Xxxxxx Xxxxxx, XX 00000

AMENDMENT NO. 1

Dated October 12, 2011

to

ESCROW AGREEMENT

Dated July 18, 2011

The Escrow Agreement dated July 18, 2011, among Arrogene NanoTechnology, Inc. (“Arrogene”), SRKP 16, Inc. (“SRKP”), GVC Capital LLC (“GVC”), and WestPark Capital, Inc. (“WestPark”) is amended as follows:

1.

The “Minimum Offering” is 1,000,000 Units.

2.

The “Minimum Amount” is $1,000,000.

3.

The “Collection Date” is October 31, 2011.

4.

The “Escrow Termination Date” shall be the first to occur of the following:

(i)

October 31, 2011, (which date may be extended to December 15, 2011, by the Company and the Placement Agent by notice to the Escrow Agent); or

(ii)

The date the Escrow Agent receives a mutual written agreement of Arrogene, SRKP, GVC, and WestPark to terminate the Escrow.

IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed as of the date and year first above written.

THE COMPANIES: Arrogene NanoTechnology, Inc.

By: /s/ Xxxxxxxx Xxxxxxxxx          Xxxxxxxx Xxxxxxxxx          CEO
SRKP 16, INC

By: /s/ Xxxxxxx Xxxxxxxxx Xxxxxxx Xxxxxxxxx President

THE PLACEMENT AGENTS: GVC Capital LLC By: __/s/ Xxxxx D. E. Barone_____ Xxxxx X. X. Xxxxxx Senior Managing Partner	WestPark Capital, Inc. By: /s/ Xxxxxxx Xxxxxxxxx Xxxxxxx Xxxxxxxxx CEO
THE ESCROW AGENT: Xxxxxx Street Bank & Trust By: /s/ Xxxxxxxx X. Long____            Xxxxxxxx X. Xxxx            Vice President