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Exhibit 10.1

LOAN AGREEMENT

Duly made and executed on this 1 day of October, 2009

By and Between

FutureIT, Inc.
Of 4 HaMlacha St. Industrial Zone, Lod, Israel
(hereinafter the “FIT”)

of the first part

and
Future I.T. Ltd
Of 4 HaMlacha St. Industrial Zone, Lod, Israel
(hereinafter the ”Borrower”)

of the second part

and
DataSafe Group Ltd
Of 4 HaMlacha St. Industrial Zone, Lod, Israel
(hereinafter the "Lender")

of the third part

WHEREAS FIT has requested a loan from the Lender in the sum of up to 500,000
(five hundred thousand) US Dollars (hereinafter the “Loan”) to be granted to the
Borrower, a fully owned subsidiary of FIT, and the Lender has agreed to grant
the Loan to the Borrower on the terms hereinafter;

NOW, THEREFORE, it is declared and stipulated between the parties as follows:

1. Preamble

  The preamble to this Agreement forms an integral part hereof.

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2. The Loan

  2.1. The Lender shall grant the Loan to the Borrower Upon execution of this
Agreement. The Loan shall be used By the Borrower for the development of its
business activity.

  2.2. The Loan and the interest thereon will be in US dollars

  2.3. The outstanding Loan amount will accrue interest at the rate of 10% per
annum, beginning on the date of granting the Loan and until the Repayment Day,
as defined below (hereinafter the “Interest”).

  The Interest will be calculated on the basis of the actual number of days
elapsed in a year consisting of 365 days.

  The Interest will be paid semi annually by the Borrower, on March 31 2010 and
September 30 of 2010.

  2.4. Without derogating from any right and/or any other relief available to
the Lender under this Agreement and/or under any law, any amount due by the
Borrower to the Lender pursuant to this Agreement, which shall not be paid
within fourteen (14) days from the date such payment is due, shall bear an
additional annual interest (in addition to the Interest) at the rate of 3%,
accruing and accumulating with any such amount due and unpaid (“Compound
Interest”).

  2.5. All taxes, including withholding taxes and/or VAT, that the Borrower may
be required to pay to the Lender as a result of the terms and conditions hereof,
are included in the calculation of the Interest and the Borrower is not required
to restitute such sums to the Lender.

  2.6. The outstanding Loan amount will be repaid by the Borrower, upon its
discretion, in 1 (one) payment on or before December 31, 2010 (the “Repayment
Day”), unless otherwise agreed upon in writing between the parties.

  2.7. FIT shall guarantee the payment of the Loan by the Borrower, and by
signing this Agreement hereby grants such guarantee.

3. Repayment upon Event of Default

  Without derogating from any right and/or any other relief available to the
Lender under this Agreement and/or under any law, in the occurance of any of the
following events, the Lender shall be entitled, subject to its sole discretion,
to demand the immediate repayment of its portion in the outstanding Loan amount,
inclusive of any Interest accrued until such date, and any other outstanding
amounts owed to the Lender (including Compound Interest), and the Borrower shall
be obligated to pay all the said sums within seven (7) days from receipt of a
written notice thereof:

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  3.1. The Borrower shall fail to pay any amount of Interest on a payment date
and did not remedy such breach within thirty (30) days from receipt of a written
notice thereof; or

  3.2. FIT and/or the Borrower or any of their subsidiaries shall make a general
assignment for the benefit of creditors, or admit in writing its inability to
pay its debts as they mature or become due, or shall petition or apply for the
appointment of a trustee or other custodian, liquidator or receiver of FIT
and/or the Borrower or such subsidiary or of any substantial part of its assets
or shall commence any case or other proceeding relating to its assets under any
bankruptcy, reorganization, arrangement, insolvency, readjustment of debt,
dissolution or liquidation or similar law of any jurisdiction, or shall take any
corporate action to authorize or in furtherance of any of the foregoing; or any
such petition or application shall be filed or any such case or other proceeding
shall be commenced against FIT and/or the Borrower or any of their subsidiaries,
and the same shall not have been dismissed within ninety (90) days of the filing
or commencement thereof or FIT and/or the Borrower or such subsidiary shall
indicate its approval thereof, consent thereto or acquiescence therein; or a
decree or order shall be entered appointing any such trustee, custodian,
liquidator or receiver or adjudicating FIT and/or the Borrower or such
subsidiary bankrupt or insolvent, or approving a petition in any such case or
other proceeding, or a decree or order for relief shall be entered in respect of
FIT and/or the Borrower or such subsidiary in an involuntary case under any such
bankruptcy or insolvency laws, and such decree, order, judgment, petition or
other proceeding shall not have been dismissed within ninety (90) days of the
filing or commencement thereof; or

  3.3. FIT and/or the Borrower shall take any corporate action to liquidate its
assets or dissolve, or shall take any corporate action to consolidate or merge
with or into any other corporation or business entity, unless FIT and/or the
Borrower shall be the surviving legal entity of such consolidation or merger or
the surviving legal entity of such consolidation or merger shall have assumed in
full by a written instrument the obligations under and in respect of this
Agreement.

4. Warrants

  In addition, in consideration for granting the Loan to the Borrower, for each
1 US Dollar that will be lent to the Borrower by the Lender, the Lender will be
issued by FIT with a Warrant to purchase shares of common stock, par value
$0.0001 per share of FIT at an exercise price per share equal to 0.50 US Dollars
in the form set forth in Exhibit A hereto (the “Warrants”), and in total up to
500,000 Warrants.

  The Lender will be entitled, subject to the terms and conditions of the
Warrants, at any time or from time to time after the issuance date of the
Warrants, and during a period of 4 years, to exercise the Warrants.

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5. Participance in future financing

  It is understood that FIT intends to raise additional funds for its ongoing
activities by the issuance of convertible debenture (the “Financing”).

  The Lender will be entitled to participate in the Financing (if completed by
FIT) by way of converting each 1 US Dollars lent by the Lender within the Loan
to 1 US Dollars of the Financing.

6. Miscellaneous.

  6.1. Entire Agreement. This Agreement is the entire Agreement between the
parties hereto with respect to the subject matter hereof and supersedes all
prior Agreements and arrangements between the parties hereto with respect to the
subject matter hereof.

  6.2. Waiver. A failure by any of the Parties to this Agreement to assert its
rights for or upon any breach of this Agreement or any such other agreement
shall not be deemed a waiver of such rights nor shall any waiver be implied from
any act. No waiver in writing by a Party with respect to any right shall extend
its effect to any subsequent breach either of like or different kind.

  6.3. Severability. In the event that any part or parts of this Agreement shall
be held illegal or null and void by any court or administrative body of
competent jurisdiction, such determination shall not effect the remaining parts
of this or such agreement and they shall remain in full force and effect as if
such part or parts determined illegal or void had not been included herein;
provided, however, that nothing in this Section shall relieve any party of any
liability for breach of covenant, warranty or representation.

  6.4. Assignment. Neither this Agreement nor any rights or obligations
hereunder may be assigned, directly or indirectly, by any Party without the
prior written consent of the other Parties.

  6.5. Books. The books and accounts of the Lender will bind the Borrower and
will be used at all times as proof against it in respect of all the amounts owed
by it according to this Agreement and/or in respect of the other details of this
Agreement.

  6.6. Applicable Law And Dispute Resolution. All questions arising out of or
concerning this Agreement or its validity, interpretation, performance or breach
shall be governed and decided by application of the laws of the state of Israel
and without reference to its conflict of law rules. The Parties shall make good
faith efforts to resolve amicably any disputes or claims arising out of this
Agreement. Any dispute or claim arising out of or relating to this Agreement, or
the breach thereof, which cannot be resolved by mutual agreement of the Parties,
shall be submitted to the exclusive jurisdiction of the competent courts in Tel
Aviv.

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  6.7. Headings. The headings of the paragraphs of this Agreement are not a part
of and are not intended to govern, limit or aid in the construction of any term
or provision hereof.

  6.8. Counterparts: This Agreement and any amendment hereto may be executed in
multiple counterparts, each of which shall be deemed an original agreement and
all of which shall constitute one and the same agreement.

  6.9. Amendments. This Agreement may be amended only by the written consent of
all Parties hereto.

  6.10. Notices. Notices to be served hereunder shall be in writing as
hereinafter provided and shall be served upon the parties at the address set
forth above. Notices served by registered airmail shall be deemed served on the
day of actual delivery by the addressee’s receipt, or at the expiration of the
7th (seventh) day after the date of mailing, whichever is earlier. Notices
served by e-mail, of facsimile shall be deemed to be in writing and to have been
served within 12 (twelve) hours of dispatch.

IN WITNESS WHEREOF the parties have hereunder subscribed their names.

_____________________ _____________________ _____________________     FutureIT
Inc.     Future I.T. Ltd.     DataSafe Group Ltd.   By: _________________ By:
_________________ By: _________________

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