EXHIBIT 10.8(c) ASSIGNMENT OF EQUITY FUNDING PROCEEDS This Assignment is executed by On Alert Systems, Inc., a Nevada Corporation (the "Company"), to the benefit of 9145-6442 Quebec, Inc., a Province of Quebec, Canada, corporation (the "Lender"), for...Assignment of Equity Funding Proceeds • February 23rd, 2005 • Cyber Defense Systems Inc • Services-prepackaged software • Quebec
This Assignment is executed by On Alert Systems, Inc., a Nevada Corporation (the "Company"), to the benefit of 9145-6442 Quebec, Inc., a Province of Quebec, Canada, corporation (the "Lender"), for the purpose of the repayment of the Bridge Loan evidenced by the Note to which this Assignment is attached, and incorporated by reference herein, inclusive of all the Note and its Exhibits, as attached, emanating from the proceeds of the Equity Funding by the Laurus Fund, or other funding source if prior to the Laurus Fund, to facilitate the repayment of the Note in any amounts due and payable thereto.
