0001104659-04-021546 Sample Contracts

MEDICALCV, INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS OPTION AGREEMENT is entered into by and between MedicalCV, Inc., a Minnesota corporation (the “Company”), and Lawrence L. Horsch (the “Optionee”).

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TECHNICAL ASSISTANCE AGREEMENT
Technical Assistance Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS TECHNICAL ASSISTANCE AGREEMENT (this “Agreement”) is made and entered into as of this 7th day August of 2002 (the “Effective Date) by and between MedicalCV, Inc. (“MedicalCV”), a Minnesota corporation with a business address at 9725 South Robert Trail, Inver Grove Heights, Minnesota 55077, agreeing to have William F. Northup III, M.D., and individual residing at 4702 Lakeview Drive, Edina, Minnesota 55424 (together with his personal representatives, heirs and assigns, “Dr. Northrup”), serve as an independent contractor for MedicalCV, with reference to the following:

TECHNOLOGY PURCHASE AGREEMENT
Technology Purchase Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS AGREEMENT, dated as of August 27, 2003, by and among MedicalCV, Inc., a Minnesota corporation (“MedicalCV”) and LightWave Ablation Systems, Inc., a North Carolina corporation (“LightWave”), Gregory Brucker (Brucker), and Robert Svenson M.D. (“Svenson”).

LEASE Landlord PKM Properties, LLC Tenant MedicalCV, Inc.
Lease • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

This Building Lease (the “Lease”) is made as of April 4, 2003 by and between PKM Properties, LLC, a Minnesota limited liability company (“Landlord”), whose address is c/o Gracon Contracting, Inc., 606 24th Ave. South, Suite B12, Minneapolis, MN 55454 and MedicalCV, Inc., a Minnesota corporation (“Tenant”), whose address is 9725 South Robert Trail, Inver Grove Heights, MN 55077.

FIRST AMENDED AND RESTATED SUBORDINATION AND INTERCREDITOR AGREEMENT
Subordination and Intercreditor Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS SUBORDINATION AND INTERCREDITOR AGREEMENT, dated as of November 24, 2003, is by and between PETER L. HAUSER, a resident of the State of Minnesota, and his successors heirs and permitted assigns (“Hauser”), PKM PROPERTIES, LLC, a Minnesota limited liability company, and its endorsees, successors and assigns (“PKM”), and DRAFT CO., a Minnesota limited liability partnership, and its endorsees, successors and assigns (“Draft”).

MedicalCV, Inc.
Letter of Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies
AMENDMENT NO. 1 TO FIRST AMENDED AND RESTATED SUBORDINATION AND INTERCREDITOR AGREEMENT
Subordination and Intercreditor Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies

THIS AMENDMENT NO. 1 TO SUBORDINATION AND INTERCREDITOR AGREEMENT, dated as of January 29, 2004, is by and between PETER L. HAUSER, a resident of the State of Minnesota, and his successors heirs and permitted assigns (“Hauser”), PKM PROPERTIES, LLC, a Minnesota limited liability company, and its endorsees, successors and assigns (“PKM”), and DRAFT CO., a Minnesota limited liability partnership, and its endorsees, successors and assigns (“Draft”).

ASSIGNMENT AGREEMENT
Assignment Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS ASSIGNMENT AGREEMENT is entered into effective the 6th day of August, 2002, by and between Segmed, Inc., a Minnesota corporation, whose business office is located at 4702 Lakeview Drive, Edina, Minnesota 55424 (together with its successors and assigns, “Segmed”), William F. Northrup III, MD, a United States citizen living at 4702 Lakeview Drive, Edina, Minnesota 55424 (together with his personal representatives, heirs and assigns, “Dr. Northrup”) and MedicalCV, Inc., a Minnesota corporation, whose business office is located at 9725 South Robert Trail, Inver Grove Heights, Minnesota 55077 (“MedicalCV”). SEGMED and Dr. Northrup are referred to herein collectively as the “ASSIGNORS”.

TECHNICAL ASSISTANCE AGREEMENT
Technical Assistance Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS TECHNICAL ASSISTANCE AGREEMENT (this “Agreement”) is made and entered into as of this 7th day August of 2003 (the “Effective Date) by and between MedicalCV, Inc. (“MedicalCV”), a Minnesota corporation with a business address at 9725 South Robert Trail, Inver Grove Heights, Minnesota 55077, agreeing to have Gregory Brucker, (“Brucker”), serve as an independent contractor for MedicalCV, with reference to the following:

TECHNOLOGY ASSIGNMENT AGREEMENT
Technology Assignment Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies

TECHNOLOGY ASSIGNMENT AGREEMENT entered into as of the 27th day of August, 2003, between MedicalCV, Inc., a Delaware Corporation (“Company”) and LightWave Ablation Systems, Inc., a North Carolina Corporation (“LightWave”), Gregory Brucker (“Brucker”) and Robert Svenson, M.D. (“Svenson”).

TECHNICAL ASSISTANCE AGREEMENT
Technical Assistance Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS TECHNICAL ASSISTANCE AGREEMENT (this “Agreement”) is made and entered into as of this 15th day of June 2003 (the “Effective Date) by and between MedicalCV, Inc. (“MedicalCV”), a Minnesota corporation with a business address at 9725 South Robert Trail, Inver Grove Heights, Minnesota 55077, agreeing to have Adel Mikhail, Ph.D., (“Dr. Mikhail”) an individual residing at 2332 West 111th Street, Bloomington Minnesota 55431 serve as an independent contractor for MedicalCV, with reference to the following:

PROPRIETARY INFORMATION AND INVENTIONS AGREEMENT
Proprietary Information and Inventions Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies

The following confirms an agreement between me and MEDICALCV, INC., a Minnesota corporation (the “Company”), which is a material part of the consideration for my employment by, or consulting services provided to the Company:

PURCHASE AGREEMENT
Purchase Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies
TECHNICAL ASSISTANCE AGREEMENT
Technical Assistance Agreement • July 29th, 2004 • Medicalcv Inc • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota

THIS TECHNICAL ASSISTANCE AGREEMENT (this “Agreement”) is made and entered into as of this 7th day August of 2003 (the “Effective Date) by and between MedicalCV, Inc. (“MedicalCV”), a Minnesota corporation with a business address at 9725 South Robert Trail, Inver Grove Heights, Minnesota 55077, agreeing to have Robert H. Svenson, M.D.,Holland, Patent N.Y. (“Dr. Svenson”), serve as an independent contractor for MedicalCV, with reference to the following:

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