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Friday, 03/12/2010 12:06:40 PM

Friday, March 12, 2010 12:06:40 PM

Post# of 5473
Watching to see where this one continues to go:

MDHI

tem 1.01 Entry into a Material Definitive Agreement.

On December 2, 2009 (the “ Closing Date ”), we entered into an agreement with AdEX Media, Inc. to market and provide lead generation for Medical Alarm Concepts' two-way voice pendant, known as MediPendant(TM) (the “ Agreement ”). A copy of the Agreement is attached hereto as Exhibit 10.1. Pursuant to the terms of the Agreement, AdEX Media will provide us with management and consulting services for online media, creation of advertisements, phone order taking and order entry into an online order system and incentive programs for sales of our product. As consideration for these services, we have agreed to pay to AdEX Media a success fee for any sale that comes from AdEX services and Class B warrants.

On December 7, 2009, we entered into an Amendment to the Agreement to provide that AdEX Media shall receive 26,869,000 warrants of the Company’s stock with an exercise price of $0.02 per share. A copy of the Amendment is attached hereto as Exhibit 10.2.

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