Agreement Regarding Instrument Constituting Us$4,750,000 10% Senior Fixed Rate Secured Bond Sample Contracts

AGREEMENT REGARDING INSTRUMENT CONSTITUTING US$4,750,000 10% SENIOR FIXED RATE SECURED BOND
Agreement Regarding Instrument Constituting Us$4,750,000 10% Senior Fixed Rate Secured Bond • December 29th, 2008 • Stockeryale Inc • Optical instruments & lenses • England

THIS AGREEMENT (the “Agreement”) is made and entered into as of October 31, 2008, by and between Mark Hawtin (“Hawtin”) and StockerYale (UK) Limited, a corporation organized under the laws of England and Wales (the “Company”).

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