0001140361-06-005876 Sample Contracts

NESTOR, INC. SECURITIES PURCHASE AGREEMENT As of January 31, 2006
Securities Purchase Agreement • April 14th, 2006 • Nestor Inc • Services-prepackaged software • Delaware

THIS SECURITIES PURCHASE AGREEMENT (the "Agreement") is made and entered into as of January 31, 2006, by and between Nestor, Inc., a Delaware corporation (the "Company"), and each of the Investors set forth on the signature page hereof (the "Investors").

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MEMORANDUM OF AGREEMENT
Memorandum of Agreement • April 14th, 2006 • Nestor Inc • Services-prepackaged software

This MEMORANDUM OF AGREEMENT (the "Memorandum") is made as of November 10, 2005 by and between, Vitronic Machine Vision Ltd., a Georgia limited partnership and Nestor Traffic Systems, Inc., a Delaware corporation, having a place of business at 400 Massasoit ("Distributor" and together with Vitronic, the "Parties" and each singularly a "Party"). Reference is made to that certain Distributorship Agreement by and between the Parties made as of August 17, 2004 (the “Distributorship Agreement”). Distributor and Vitronic intending to be legally bound agree as follows:

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