0001144204-06-025067 Sample Contracts

Contract
Warrant Agreement • June 16th, 2006 • Ultitek LTD • Services-computer programming, data processing, etc. • New Jersey

THIS WARRANT AND ANY SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR OFFERED FOR SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT OR AN OPINION OF COUNSEL OR OTHER EVIDENCE ACCEPTABLE TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.

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REGISTRATION RIGHTS AGREEMENT DATED AS OF ______ 2006 BY AND BETWEEN ULTITEK, LTD. AND SHAREHOLDER
Registration Rights Agreement • June 16th, 2006 • Ultitek LTD • Services-computer programming, data processing, etc. • Nevada

This Registration Rights Agreement (this “Agreement”) is made and entered into as of _____ day of May, 2006, by and between ULTITEK, LTD., a corporation organized and existing under and by virtue of the laws of the State of Nevada (the “Company”) and the undersigned Shareholder (the “Investor”).

STOCK OPTION AGREEMENT
Stock Option Agreement • June 16th, 2006 • Ultitek LTD • Services-computer programming, data processing, etc. • New Jersey

WHEREAS, in order to induce to accept employment by the Subsidiary of the Company and devote his best efforts to the affairs of the Company and to motivate him to exercise his best efforts on behalf of Ultitek, Company hereby agrees to grant to Optionee the right and option to acquire ___________ (____________________) Shares (the “Option Shares”) upon and subject to the terms and conditions hereinafter set fort.

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