0001052918-07-000240 Sample Contracts

Contract
Validian Corp • August 17th, 2007 • Services-prepackaged software • Nevada

THIS WARRANT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, (THE “ACT”) OR ANY STATE SECURITIES LAW, AND MAY NOT BE OFFERED FOR SALE, SOLD OR TRANSFERRED UNLESS A REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS SHALL BE EFFECTIVE WITH RESPECT THERETO, OR AN OPINION OF COUNSEL, IN FORM AND SUBSTANCE REASONABLY ACCEPTABLE TO THE COMPANY, THAT AN EXEMPTION FROM REGISTRATION UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS IS AVAILABLE OR UNLESS SOLD PURSUANT TO RULE 144 UNDER THE SAID ACT.

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SECURITY AGREEMENT
Security Agreement • August 17th, 2007 • Validian Corp • Services-prepackaged software • New York

SECURITY AGREEMENT (this “Agreement”), dated as of March 9, 2007, by and among Validian Corporation, a Nevada corporation (the “Company”), and the secured party signatory hereto and his respective endorsees, transferees and assigns (collectively, the “Secured Party”).

VALIDIAN CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • August 17th, 2007 • Validian Corp • Services-prepackaged software • Ontario
OPTION RELINQUISHMENT AND RELEASE AGREEMENT
Option Relinquishment and Release Agreement • August 17th, 2007 • Validian Corp • Services-prepackaged software • Nevada

THIS OPTION RELINQUISHMENT AND RELEASE AGREEMENT, dated this 15th day of June, 2007 (this “Release”), is made and entered into by and between Validian Corporation, a Nevada corporation (“Company”), and Bruce Benn, a resident of Ottawa, Ontario, Canada (“Holder”).

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