Sagemark Companies Ltd Watch

from 8-K 13 pages Amended and Restated By-Laws of the Sagemark Companies Ltd a New York Corporation

from 8-K 2 pages Agreement for Cancellation of Leasehold Interest

from 8-K 1 page Reference Is Made to the Excusive Radiology Services Agreement Dated October 25, 2005 Between the Sagemark Companies Ltd. (“Sagemark”) and Michael Fagien, M.D. (“Fagien”), as Amended March 22, 2007, Such Agreement (As Amended) Being Referred to Herein as the “Reading Agreement”. This Shall Confirm That Fagien Hereby Waives His Entitlement to All Compensation Payable to Him by Sagemark for Services Rendered by Fagien Under the Reading Agreement, Through and Including the Date Hereof. This Waiver Is Dated and Effective as of the 17th Day of April, 2008. /S/ Michael Fagien Michael Fagien, M.D

from 8-K 7 pages Termination Agreement

from 8-K 6 pages Assignment and Assumption Agreement

from 8-K 7 pages Assignment and Assumption Agreement

from 8-K 15 pages Purchase Agreement

from 8-K 15 pages Purchase Agreement

from 8-K 13 pages Purchase Agreement

from 8-K 5 pages Unlimited Guaranty

from 8-K 5 pages Unlimited Guaranty

from 8-K 7 pages Continuing Guaranty

from 8-K 7 pages Continuing Guaranty

from 8-K 10 pages Master Equipment Lease

from 8-K 1 page Sagemark Has Agreed, in Consideration of Such Reduction in Your Base Salary, to Grant You the Right to Read and Interpret Pet and Mri Imaging Scans for Third Parties, Other Than National Pet Scan LLC, Rcoa, or Any Other Entity Which Is Engaged in a Business Competitive With Sagemark’s Positron Emission Tomography (“Pet”) and Pet Computed Tomography Imaging Business, Notwithstanding the Non-Compete Provisions Contained in Such Employment Agreement and in the Exclusive Radiology Services Agreement Between You and Sagemark Dated October 25, 2005, as Amended. Except for the Above Modifications, Both Such Employment Agreement and the Exclusive Radiology Services Agreement Shall Not Be Modified by This Letter Agreement and Will Remain in Full Force and Effect Pursuant to Their Respective Terms. Kindly Execute a Copy of This Letter Agreement in the Space Provided Below and Return to My Attention at Your Earliest Convenience. Thanking You for Your Cooperation in This Matter, I Remain Very Truly Yours, the Sagemark Companies Ltd. By: /S/ Ron Lipstein Ron Lipstein, President and Chief Executive Officer Agreed to and Accepted This 31st Day of October, 2007 /S/ Michael Fagien Michael Fagien, M.D

from 8-K 2 pages Amendment to the Promissory Note Dated as of 05/12/2006 Internal Contract Reference Number 8545092 Internal Order Reference Number 861412956

from 8-K 1 page Amendment to Schedule Dated as of 03/20/2007 to Master Security Agreement Dated as of 08/29/2005 Internal Contract Reference Number 8545088-002

from 8-K 2 pages Amendment to the Promissory Note Dated as of 02/12/2006 Internal Contract Reference Number 8541220 Internal Order Reference Number 861411521

from 8-K 1 page Amendment to Schedule Dated as of 02/12/2006 to Master Lease Agreement Dated as of 06/24/2003 Internal Contract Reference Number 8541217-003

from 8-K 2 pages Amendment to the Promissory Note Dated as of 08/29/2005 Internal Contract Reference Number 8539078 Internal Order Reference Number 861411003