0001144204-06-048778 Sample Contracts

AGREEMENT
Option Agreement • November 17th, 2006 • Nuway Medical Inc • Retail-auto dealers & gasoline stations • California

This Agreement dated as of November 13, 2006 (the “Agreement”) is executed by and between, in the first part, IOWC Technologies, Inc. (“Optionor”), a federally registered Canadian corporation, and in the second part, BioLargo Life Technologies, Inc., (“Optionee”) a California corporation.

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