Exhibit
10.3


 


Project
Summary


 


Appsoft
has engaged ECOITNY to develop and build a robust mobile application solution. General Assumptions are:


 


		1.	A
                                         detailed plan and design session/sessions will take place to ensure goals are met.



 


		2.	A
                                         Statement of Word outlining the project deliverables will be written.



 


		3.	Monthly
                                         Billing will commence 30 days from project kickoff.



 


Project
Phases


 


Appsoft
has engaged ECOITNY to develop and build a robust mobile application solution. Project Phases are:


 


Phase
One — Planning and Design


 


		1.	Gather
                                         specifications of the project



 


		2.	In-depth
                                         research of users



 


		3.	Establish
                                         best strategy to meet budget and timeframe



 


		4.	Fine
                                         tune technological route for front and back end development



 


		5.	Write
                                         in depth statement of work



 


Phase
Two - Strategic Planning


 


		1.	Conceive
                                         the main goals of the website and work timeline



 


		2.	Conceive
                                         the flow



 


		3.	Prepare
                                         detailed wireframes showing the different areas of the app, their features and the technologies
                                         that will be implemented



 


Phase
Three- Design - Graphic Design Work


 


		1.	Create
the graphic theme, which includes color scheme, atmosphere, general look and feel.



 


		2.	Determine
layouts and structures



 


		3.	Create
the graphic elements



 


		 	4.



 


Phase
Four- Front End Programming


 


		1.	Program
                                         and integrate for enhanced user experience and usability



 


Phase
Five- Server Side Development


 


		1.	Design
                                         and implement server side components in ECOITNY hosted environment



 


Phase
Six— Quality Assurance and Launch


 


		1.	Extensive
                                         testing to ensure the application is 100% functional and bug free



 




     


     

    

 


Capital
Expenditure Cost Summary


 


Below
is the table of costs associated with this project. Please see the Payment Schedule on Page three.


 


	Cost Breakdown	 	Down Payment	 	Upfront	 
	Down Payment	 	 	 	$	2,500	 
	Total



	 	 	 	$	2,500



	 



 


Operational
Expenditure Cost Summary


 


Below
is the table of costs associated with this project. Please see the Payment Schedule on Page three.


 


	Cost Breakdown	 	Cost Unit	 	Amount	 
	Server Side Maintenance	 	Monthly	 	 	TBD	 
	Maintenance / Additional Out of scope work	 	Hourly	 	$	75.00	 



 


Payment
Schedule


 


Below
is the breakdown for payment milestones. Please note dates are provided for estimations only.


	Down
    Payment - Due At Contract Signing: $2500	Estimated
    Date: 09/02/15


 


The
initial down payment is due upon contract signing. This will be provided in the form of a check or credit card to be held in escrow
until the end of Phase One.


 


The
Monthly Payments will be 30 Days from contract signing.


 


	First
    Monthly Payment - $1,500	Estimated
    Date: 10/02/15
	 	 
	Second
    Monthly Payment - $1,500	Estimated
    Date: 11/02/15
	 	 
	Third
    Monthly Payment - $3,000	Estimated
    Date: 12/02/15
	 	 
	Fourth
    Monthly Payment - $3,000	Estimated
    Date: 01/02/16
	 	 
	Fifth
    Monthly Payment - $3,000	Estimated
    Date: 02/02/16



 


	Additional
    Out of Scope Work - $75.00 / Hourly	NET
    30 TERMS


 


Any
work that is above and beyond will be billed at $75.00 per hour. Appsoft will be notified before any out of scope hours are started


 




     


     

    

 


Terms
and Conditions


 


Appsoft
and ECOTINY are hereby entering into the following terms and conditions:


 


The
Terms of this contract cannot be changed without written agreement from both parties.


 


ECOITNY
Responsibilities:


 


		1.	ECOITNY
                                         will address support requests within forty eight (48) hours of written support request
                                         submission.



 


		2.	ECOITNY
                                         will assign a project manager to work with Appsoft through the duration of the project.



 


		3.	ECOITNY
                                         will make best effort to have a consistent resource through the completion of this project.



 


Appsoft
Responsibilities:


 


		1.	Appsoft
                                         will provide CAPEX and OPEX payments according to the schedule herein



 


		2.	Appsoft
                                         will provide support ticket / Feature add requests in writing to MBVsupport@ecoitny.com
                                         or on our support portal which will be provided within 15 days of contract signing



 


		3.	Appsoft
                                         will provide 60 day notice of the termination in writing to MBVsupport@ecoitny.com
                                         for any hosting services provided by ECOITNY.



 


General
Provisions:


 


		1.	Should
                                         Either Parties involved become insolvent, both parties are required to seek arbitration
                                         directly (between both parties) to determine an appropriate course of action or seek
                                         external mediation should an agreement not be reached.



 




     


     

    

 


By
Signing below, you agree to the terms of this contract. I understand this document constitutes a contract for a period of One
Year from the first monthly payment. I also certify I am authorized by my respective organization to agree to the terms herein.


 


	Signature
    of Appsoft Officer	 	Signature of ECOITNY Officer	 
	 	 	 	 
	/s/ Brian Kupchik	 	/s/ Jag
    Singh	 
	 	 	 	 
	Brian Kupchik	 	 	Jag Singh	 
	 	 	 	 
	Printed Name	 	 	Printed Name	 
	 	 	 	 
	09/2/2015	 	 	09/01/2015	 
	 	 	 	 
	Date	 	 	Date