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Rental Agreement

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Sectors: Health Products and Services
Effective Date: January 01, 2004
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This Rental Agreement is made as of January 1, 2004 between VASCULAR SCIENCES CORPORATION (Tenant), and CORNISH PROPERTIES CORPORATION (Landlord).

WHEREAS, Landlord is willing to rent office, warehouse and storage space (as defined below) at 612 Florida Avenue, Palm Harbor (Ozona), Florida to Tenant; and

WHEREAS, Tenant is willing to rent the space in said building.

In consideration of the benefits to come to each party, the parties agree as follows:

1. Rented Premises. Landlord agrees to rent to Tenant space contained in
the building at 612 Florida Avenue, Palm Harbor, (Ozona), Florida

2. Term. The term of this rental agreement shall be for two (2) years
beginning on the 1st day of January 2004, and ending on the 31st day
of December 2005. Tenant may terminate the lease with three (3) months
written notice. The lease may be renewed for additional 1-year
periods, but will provide three (3) months written notice of the
intent to renew the lease.

3. Rent. The monthly rent will be $2,745, payable by the 10th day of each
month beginning on January 1, 2004.

4. Determina
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