Document:

Exhibit 10.1

     

    Exhibit
      10.1

    
 

    These
      securities have not been registered with the United States Securities and
      Exchange Commission or the securities commission of any state because they
      are
      believed to be exempt from registration under Regulation D and/or Regulation
      S
      promulgated under the Securities Act of 1933, as amended (the “Act”). The
      foregoing authorities have not confirmed the accuracy or determined the adequacy
      of this document. Any representation to the contrary is a criminal offense.
      This
      subscription agreement shall not constitute an offer to sell nor a solicitation
      of an offer to buy the securities in any jurisdiction in which such offer or
      solicitation would be unlawful.

    

    These
      securities are subject to restrictions on transferability and resale and may
      not
      be transferred or resold except as permitted under the Act, an applicable state
      securities laws, pursuant to registration or exemption therefrom. Investors
      should be aware that they will be required to bear the financial risks of this
      investment for an indefinite period of time. All offers and sales of the
      herein-described securities by non-U.S. persons before the expiration of a
      period commencing on the date of the closing of this offering and ending one
      year thereafter shall only be made in compliance with Regulation S, pursuant
      to
      registration under the Act, or pursuant to an exemption from registration,
      and
      all offers and sales after the expiration of the one-year period shall be made
      only pursuant to registration or an exemption from registration. Hedging
      transactions involving these securities may not be conducted unless in
      compliance with the Act.

    

    

    OFFSHORE
      STOCK PURCHASE AGREEMENT

    

    This
      Offshore Stock Purchase Agreement (the “Agreement”) is entered into this 1st day
      of November, 2005 (the “Effective Date”), by and between Information Systems
      Associates, Inc., a Florida corporation (“ISA”) and Aquatica Investments, Inc.
      (“Aquatica”), a Bahamian corporation.

    

    WHEREAS,
      AQUATICA desires to purchase (three) 3 million shares of restricted common
      stock
      of ISA (the “Shares”); and

    

    WHEREAS,
      ISA agrees to deliver the Shares for the Consideration (as defined below) to
      be
      paid by AQUATICA, subject to the terms and conditions set forth
      below.

    

    NOW,
      THEREFORE, for and in consideration of the mutual promises herein, and for
      other
      good and valuable consideration, the receipt and sufficiency of which are hereby
      acknowledged, the parties agree as follows:

     

    1.
      Purchase
      and Sale.
      On the
      basis of the representations and warranties herein contained, subject to the
      terms and conditions set forth herein, AQUATICA hereby agrees to purchase the
      Shares at a purchase price of three and a third cents (US$.0333) per share
      (aggregate sum of $100,000), and ISA hereby agrees to sell the Shares to
      AQUATICA for such Consideration.

     

    2.
      Closing.
      The
      closing of the purchase and sale contemplated by this Agreement (the “Closing”)
      shall occur upon the transfer of the Consideration to ISA at 2120 Danforth
      Circle, Palm City, Florida 34990 (the “Corporate Address”). ISA shall deliver
      the Shares to AQUATICA within 14 days of receiving full payment under this
      Agreement.

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    A.
      Transactions
      and Document Exchange at Closing. Prior to or at the Closing, the following
      transactions shall occur and documents shall be exchanged, all of which shall
      be
      deemed to occur simultaneously: (1) by
      AQUATICA:
      AQUATICA shall deliver, or cause to be deliver, to ISA: (a) the balance of
      the
      Consideration (if any); and (b) such other documents, instruments, and/or
      certificates, if any, as are required to be delivered pursuant to the provisions
      of this Agreement, or which are reasonably determined by the parties to be
      required to effectuate the transactions contemplated in this Agreement, or
      as
      otherwise may be reasonably requested by ISA in furtherance of the intent of
      this Agreement; (2) by
      ISA:
      ISA
      shall deliver , or cause the following to be delivered, to AQUATICA: (a) the
      Shares; and (b) such other documents, instruments, and/or certificates, if
      any,
      as are required to be delivered pursuant to the provisions of this Agreement,
      or
      which are reasonably determined by the parties to be required to effectuate
      the
      transactions contemplated in this Agreement, or as otherwise may be reasonably
      requested by AQUATICA in furtherance of the intent of this
      Agreement.

     

    B.
      Post
      -Closing Documents. From time to time after the Closing, upon the reasonable
      request of any party, the party to whom the request is made shall deliver such
      other and further documents, instruments, and/or certificates as may be
      necessary to more fully vest in the requesting party the Consideration or the
      Shares as provided for in this Agreement, or to enable the requesting party
      to
      obtain the rights and benefits contemplated by this Agreement.

    

    C.
      Payment.
      AQUATICA will ensure that all payments are forwarded to the Corporate Address.
      

     

    3.
       Private
      Offering.
      AQUATICA and ISA both understand and agree that the purchase and sale of
      securities contemplated herein constitutes a private, arms-length transaction
      between a willing seller and willing buyer without the use or reliance upon
      a
      broker, distributor or securities underwriter.

     

    A.
       Purchase
      for Investment. Neither AQUATICA nor ISA are underwriters of, or dealers in,
      the
      securities to
      be
      sold and exchanged hereunder.

     

    B.
      Investment
      Risk. Because of ISA’s financial position and other factors as disclosed in
      ISA’s business plan (which AQUATICA represents it has received and reviewed),
      the transaction contemplated by this Agreement may involve a high degree of
      financial risk, including the risk that one or both parties may lose its entire
      investment, and both parties hereby agree that they have each undertaken an
      independent evaluation of the risks associated with the Shares, and both parties
      understand those risks and are willing to accept the risk that they may be
      required to bear the financial risks of this investment for an indefinite period
      of time.

     

    C.
      Access
      to
      Information. AQUATICA and ISA and their advisors have been afforded the
      opportunity to discuss the transaction with legal and accounting professionals
      and to examine and evaluate the financial impact of the sale and exchange
      contemplated herein. AQUATICA acknowledges that it has been furnished with
      the
      information required to conform with the provisions of subparagraph (a)(5)
      of
      Rule 15c2-11 of the Securities and Exchange Commission. 

     

    4.
      Representations
      and Warranties of AQUATICA:
      AQUATICA
      hereby covenants and represents and warrants to ISA that:

     

    A.
      Organization.
      AQUATICA is a corporation validly existing and in good standing under the laws
      of the Bahamas, with the power and authority to carry on its business as now
      being conducted. The execution and delivery of this Agreement and the
      consummation of the transaction contemplated in this Agreement have been, or
      will be prior to Closing, duly authorized by all requisite corporate action
      on
      the part of AQUATICA. This Agreement has been duly executed and delivered by
      AQUATICA and constitutes a binding and enforceable obligation of
      AQUATICA.

     

    
      
         

      

      
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    B.
      Third
      Party Consent. No authorization, consent, or approval of, or registration or
      filing with, any governmental authority or any other person is required to
      be
      obtained or made by AQUATICA in connection with the execution, delivery, or
      performance of this Agreement or the transfer of the Shares, or if any such
      is
      required, AQUATICA will have or will obtain the same prior to
      Closing.

     

    C.
      Litigation.
      AQUATICA is not a defendant against whom a claim has been made or a judgment
      rendered in any litigation or proceedings before any local, state, or federal
      government, including but not limited to the United States, or any department,
      board, body, or agency thereof.

     

    D.
      Authority.
      This Agreement has been duly executed by AQUATICA, and the execution and
      performance of this Agreement will not violate, or result in a breach of, or
      constitute a default in, any agreement, instrument, judgment, order, or decree
      to which AQUATICA is a party or to which the Consideration is
      subject.

     

    E.
      Offshore
      Transaction. AQUATICA represents and warrants to ISA as follows: (i) AQUATICA
      is
      not a “U.S. person” as that term is defined in Rule 902 of Regulation S; (ii)
      AQUATICA is not, and on the Closing date will not be, an affiliate of ISA;
      (iii)
      at the execution of this Agreement, as well as the time this transaction is
      or
      was due, AQUATICA was outside the United States, and no offer to purchase the
      Shares was made in the United States; (iv) AQUATICA agrees that all offers
      and
      sales of the Shares shall not be made to U.S. persons unless the Shares are
      registered or a valid exemption from registration can be relied on under
      applicable U.S. state and federal securities laws; (v) AQUATICA is not a
      distributor or dealer; (vi) the transactions contemplated hereby have not been
      and will not be made on behalf of any U.S. person or pre-arranged by AQUATICA
      with a purchaser located in the United States or a purchaser which is a U.S.
      person, and such transactions are not and will not be part of a plan or scheme
      to evade the registration provisions of the Act; (vii)all offering documents
      received by AQUATICA include statements to the effect that the Shares have
      not
      been registered under the Securities Act of 1933 and may not be offered or
      sold
      in the United States or to U.S. Persons (other than distributors as defined
      in
      Regulation S) during the Restricted Period unless the Shares are registered
      under the Securities Act of 1933 or an exemption from registration is
      available.

     

    The
      foregoing representations and warranties are true and accurate as of the date
      hereof, shall be true and accurate as of the date of the acceptance by ISA
      of
      AQUATICA’s purchase, and shall survive thereafter. If AQUATICA has knowledge,
      prior to the acceptance of this Offshore Stock Purchase Agreement by ISA, that
      any such representations and warranties shall not be true and accurate in any
      respect, AQUATICA prior to such acceptance, will give written notice of such
      fact to ISA specifying which representations and warranties are not true and
      accurate and the reasons therefore.

     

    AQUATICA
      agrees to fully indemnify, defend and hold harmless ISA, its officers,
      directors, employees, agents and attorneys from and against any and all losses,
      claims, damages, liabilities and expenses, including reasonable attorney's
      fees
      and expenses, which may result from a breach of AQUATICA’s representations,
      warranties and agreements contained herein.

     

    F.
      Accredited
      Investor. AQUATICA is an accredited investor as that term is defined in Rule
      501(a) of Regulation D promulgated under the Act. AQUATICA further represents
      and warrants that the information as disclosed in “Exhibit A” attached hereto is
      true and correct.

     

    G.
      Beneficial
      Owner. AQUATICA is purchasing stock for its own account or for the account
      of
      beneficiaries for whom AQUATICA has full investment discretion with respect
      to
      stock and whom AQUATICA has full authority to bind, so that each such
      beneficiary is bound hereby as if such beneficiary were a direct signatory
      hereunder, and all representations, warranties and agreements herein were made
      directly by such beneficiary.

     

    
      
         

      

      
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    H.
      Directed
      Selling Efforts. AQUATICA will not engage in any activity for the purpose of,
      or
      that could reasonably be expected to have the effect of, conditioning the market
      in the United States for any of the Shares sold hereunder. To the best of its
      knowledge, neither AQUATICA nor any person acting for AQUATICA has conducted
      any
“directed selling efforts” as that term is defined in Rule 902 of Regulation S.

     

    I.
      Independent
      Investigation; Access. AQUATICA, in electing to purchase the Shares herein,
      has
      relied solely upon independent investigation made by it and its representatives.
      AQUATICA has been given no oral or written representation or warranty from
      ISA
      other than as set forth in this Agreement. AQUATICA and its representatives,
      if
      any, have, prior to any sale to it, been given access and the opportunity to
      examine all material books and records of ISA, all material contracts and
      documents relating to ISA and this offering and an opportunity to ask questions
      of, and to receive answers from, ISA or any officer of ISA acting on its behalf
      concerning ISA and the terms and conditions of this offering. AQUATICA and
      its
      advisors, if any, have been furnished with access to all publicly available
      materials relating to the business, finances and operations of ISA and materials
      relating to the offer and sale of the Shares which have been requested. AQUATICA
      and its advisors, if any, have received complete and satisfactory answers to
      any
      such inquiries.

     

    J.
      No
      Government Recommendation or Approval. AQUATICA understands that no United
      States federal or state agency, or similar agency of any other country, has
      passed upon or made any recommendation or endorsement of the Shares, or this
      transaction.

     

    K.
      No
      Formation or Membership in “Group.” AQUATICA is not part of a “group” as that
      term is defined under the Act. AQUATICA is not, and does not intend to become,
      included with two or more persons acting as a partnership, syndicate, or other
      group for the purpose of acquiring, holding or disposing of securities of the
      Company.

     

    L.
      Hedging
      Transactions. AQUATICA hereby agrees not to engage in any hedging transactions
      involving the securities described herein unless in compliance with the Act
      and
      Regulation S promulgated thereunder.

     

    5.
      Conditions
      Precedent to ISA’s Closing.
      All
      obligations of ISA under his Agreement, and as an
      inducement to ISA to enter into this Agreement, are subject to AQUATICA’s
      covenants and
      agreements to each of the following:

    

    A.
      Acceptance
      of Documents. All instruments and documents delivered to ISA pursuant to this
      Agreement or reasonably requested by ISA to verify the representations and
      warranties of AQUATICA herein, shall be satisfactory to ISA and its legal
      counsel.

     

    B.
      Representations
      and Warranties. The representations and warranties by AQUATICA set forth in
      this
      Agreement shall be true and correct at and as of the Closing date, with the
      same
      force and effect as though made at and as of the date hereof, except for changes
      permitted or contemplated by this Agreement.

     

    
      
         

      

      
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    C.
      No
      Breach
      or Default. AQUATICA shall have performed and complied with all covenants,
      agreements, and conditions required by this Agreement to be performed or
      complied with by it prior to or at the Closing.

     

    6.
      Termination.
      This
      Agreement may be terminated at any time prior to the date of Closing by either
      party if (a) there shall be any actual or threatened action or proceeding by
      or
      before any court or any other governmental body which shall seek to restrain,
      prohibit, or invalidate the transaction contemplated by this Agreement, and
      which in the judgment of such party giving notice to terminate and based upon
      the advice of legal counsel makes it inadvisable to proceed with the transaction
      contemplated by this Agreement, or (b) if this Agreement has not been approved
      and properly executed by the parties by December 1, 2005.

     

    7.
      Restrictive
      Legend.
      AQUATICA agrees that the Shares shall bear a restrictive legend to the effect
      that transfer is prohibited except in accordance with the provisions of
      Regulation S, pursuant to registration under the Act, or pursuant to an
      available exemption from registration, and that hedging transactions involving
      those securities may not be conducted unless in compliance with the
      Act.

     

    8.
      ISA’s
      Obligation to Refuse Transfer.
      Pursuant to Regulation S promulgated under the Act, ISA hereby agrees to refuse
      to register any transfer of the Shares not made in accordance with the
      provisions of Regulation S, pursuant to registration under the Act, or pursuant
      to an available exemption from registration.

    

    9.
      Miscellaneous.
      

     

    A.
      Authority. The officers of AQUATICA and ISA executing this Agreement are duly
      authorized to do so, and each party has taken all action required for valid
      execution.

     

    B.
      Notices.
      Any notice under this Agreement shall be deemed to have been sufficiently given
      if sent by registered
      or certified mail, postage prepaid, or by express mail service substantially
      equivalent to Federal
      Express, addressed as follows

     

    To
      AQUATICA: Aquatica Investments, Ltd. 

    ______________________

    (offshore
      address)

    Telephone:
      _________________

     

    

    To
      ISA:
      Information Systems Associates, Inc.

    2120
      Danforth Circle

    Palm
      City, Florida 34990

    Telephone:
      (772) 286-3682

     

    
      
         

      

      
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    C.
      Entire
      Agreement. This Agreement constitutes the entire agreement among the parties
      hereto with respect
      to the subject matter hereof and supersedes any and all prior or contemporaneous
      representations,
      warranties, agreements and understandings in connection therewith. This
      Agreement may
      be
      amended only by a writing executed by all parties hereto.

     

    D.
      Severability.
      If a court of competent jurisdiction determines that any clause or provision
      of
      this Agreement
      is invalid, illegal or unenforceable, the other clauses and provisions of the
      Agreement shall
      remain in full force and effect and the clauses and provisions which are
      determined to be void, illegal
      or unenforceable shall be limited so that they shall remain in effect to the
      extent permissible by
      law.

     

    E.
      Assignment.
      None of the parties hereto may assign this Agreement without the express written
      consent
      of the other parties and any approved assignment shall be binding on and inure
      to the benefit of
      such
      successor or, in the event of death or incapacity, on assignor’s heirs,
      executors, administrators,
      representatives, and successors.

     

    F.
      Applicable
      Law. This Agreement has been negotiated and is being contracted for in the
      United States,  State
      of
      Florida. It shall be governed by and interpreted in accordance with the laws
      of
      the United States
      and the State of Florida, regardless of any conflict-of-law provision to the
      contrary. G.
      Attorney’s
      Fees. If any legal action or other proceeding (including but not limited to
      binding arbitration)
      is brought for the enforcement of or to declare any right or obligation under
      this Agreement
      or as a result of a breach, default or misrepresentation in connection with
      any
      of the provisions
      of this Agreement, or otherwise because of a dispute among the parties hereto,
      the prevailing
      party will be entitled to recover actual attorney’s fees (including for appeals
      and collection and
      including the actual cost of in-house counsel, if any) and other expenses
      incurred in such action or
      proceeding, in addition to any other relief to which such party may be
      entitled.

     

    H.
      Counterparts
      and Facsimile. This Agreement may be executed in any number of identical
counterparts
      (except as to signature only), each of which may be deemed an original for
      all
      purposes. A
      fax,
      telecopy or other reproduction of this instrument may be executed by one or
      more
      parties hereto
      and such executed copy may be delivered by facsimile or similar instantaneous
      electronic transmission
      device pursuant to which the signature of or on behalf of such party can be
      seen, and such
      execution and delivery shall be considered valid, binding and effective for
      all
      purposes.

    

    IN
      WITNESS WHEREOF, the parties have executed this agreement below.

    

    Aquatica
      Investments,
      Ltd.                                                 
Information
      Systems Associates, Inc. 

    

     

    By:_________________                                                  
      By: _______________________

       
      CEO                                                                              
      Joseph
      Coschera, President

    

    

    
      
         

      

      
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    APPENDIX
      "A"

    

    PURCHASER
      REPRESENTATIONS LETTER

    

    [Name]

    [Address]

    [City,
      State, Zip]

    

    Dear
      Sirs:

    

    The
      undersigned,______________, is, and has been since __________, 2005, the
      rightful owner of  
      shares
      of Common Stock (the "Shares") of _________ (the “Company”). These Shares were
      purchased pursuant to an Offshore Securities Purchase Agreement, ("Purchase
      Agreement") of your design. As the three hundred sixty five (365) day
      transaction restriction period attendant to the initial issuance of the Shares
      has expired, the undersigned hereby requests that the Shares be transferred
      into:

    

    "Street
      Name" of ____________________________________,

    

    with
      an
      address of

    

    The
      undersigned represents and warrants as follows:

    

    (1)The
      offer
      to purchase the Shares was made to it outside of the United States, while the
      undersigned was, at that time and at the time the Purchase Agreement was
      executed and delivered, and is now, outside the United States;

    

    (2)It
      is not
      a U.S. Person (as such term is defined in Section 902(a) of Regulation S
      ("Regulation S") promulgated under the United States Securities Act of 1933
      (the
      "Securities Act"); and it has purchased the Shares for its own account and
      not
      for the account or benefit of any U.S. person;

    

    (3)All
      offers and sales by the undersigned of the Shares acquired pursuant to the
      Purchase Agreement shall be made pursuant to an effective registration statement
      under the Securities Act or pursuant to an exemption from, or in a transaction
      not subject to, the registration requirements of the Securities
      Act;

    

    (4)It
      is
      familiar with and understands the terms and conditions and requirements
      contained in Regulation S;

    

    (5)The
      undersigned has not engaged in any "directed selling efforts" (as such term
      is
      defined in Regulation S) with respect to the Shares; and

    

    (6)The
      undersigned purchased the Shares with investment intent and at present does
      not
      have the intent to sell, dispose of, or otherwise transfer, the
      Shares.

    

    Dated
      this ____ day of ___________ 200 _

    

    By:
      _______________________

     

    
 

    
      
         

      

      
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    These
      securities have not been registered with the United States Securities and
      Exchange Commission or the securities commission of any state because they
      are
      believed to be exempt from registration under Regulation D and/or Regulation
      S
      promulgated under the Securities Act of
      1933,
      as amended (The Act). The foregoing authorities have not confirmed the accuracy
      or determined the adequacy of this document. Any representation to the contrary
      is a criminal offense.
      This subscription agreement shall not constitute an offer to sell nor a
      solicitation of an offer
      to
      buy the securities in any jurisdiction in which such offer or solicitation
      would
      be unlawful.

    

    These
      securities are subject to restrictions on transferability and resale and may
      not
      be transferred or resold except as permitted under the Act, an applicable state
      securities laws, pursuant to registration or exemption therefrom. Investors
      should be aware that they will be required to bear the financial risks of this
      investment for an indefinite period of time. All offers and sales of the
      herein-described securities by non-U.S. persons before the expiration of a
      period commencing on the date of the closing of this offering and ending one
      year thereafter shall only be made in compliance with Regulation S, pursuant
      to
      registration under the Act, or pursuant to an exemption from registration,
      and
      all offers and sales after the expiration of the one-year period shall be made
      only pursuant to registration or an exemption from registration. Hedging
      transactions involving these securities may not be conducted unless in
      compliance with the Act.

     

    
      
         

      

      
        8Exhibit 10.2

     

    Exhibit
      10.2

     

     

    CONSULTING
      AGREEMENT

    

    This
      Agreement (the “Agreement”) is made and entered into this 15th
      day of
      January, 2006, by and between Information System Associates, Inc., a Florida
      corporation (the “Company”) and all successor corporate entities, and First
      Alliance Group, Inc., a Nevada limited liability company (the “Consultant”). The
      Company and the Consultant are hereinafter each referred to as a “Party” and
      collectively as the “Parties.”

    

    

    PREAMBLE

    

    WHEREAS,
      the Consultant has substantial experience in the areas of financial consulting
      and venture capital financing and has a select and limited group of
      clients;

    

    WHEREAS,
      the Company desires to retain the Consultant’s services and has requested that
      the Consultant take on the Company as one of its clients; and

    

    WHEREAS,
      the Consultant is agreeable to provide specific services to the Company and
      is
      willing to forego significant other gainful opportunities of a similar nature,
      all as set forth below in the Agreement.

    

    NOW,
      THEREFORE, in consideration for the mutual obligations set forth below, the
      sum
      of ten dollars ($10.00), and other good and valuable consideration, the receipt
      and adequacy of which is hereby acknowledged, the Parties, intending to be
      legally bound, hereby agree as follows:

    

    

    ARTICLE
      ONE

    RETENTION,
      DUTIES, TERM

    

    1.1 Retention

    The
      Company hereby engages and retains the Consultant to act as its non-exclusive
      agent to assist it in developing corporate programs and in structuring corporate
      transactions and affairs as the Consultant deems necessary to enable the Company
      to accomplish the objectives set forth in the Company’s current business plan,
      which business plan has been reviewed and discussed by the Parties. The specific
      duties and responsibilities of the Consultant, however, are set forth below
      in
      Article 1.2 and are not enlarged by the general description set forth in this
      Article 1.1. The Company acknowledges that Consultant is not a member or
      associated member of the National Association of Securities Dealers (“NASD”), is
      not registered with any federal or state agency that regulates sellers, advisors
      or issuers of securities or associated persons, and shall not provide any
      services to the Company in any of those capacities.

     

    
      
         

      

      
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    1.2 Duties
      of Consultant

    The
      Consultant’s duties, for which it will receive the compensation specified in
      Article Two of this Agreement are those set forth below and no
      others:

    1.2.1 To
      make
      recommendations on and assist in introducing the Company and its business
      concept to one or more registered NASD member firms, which may assist the
      Company in selling its common stock.

    1.2.2 To
      introduce the Company to other consultants specializing in various areas of
      corporate finance and development, shareholder communications and public
      relations.

    1.2.3 To
      assist
      the Company in locating an investment source for funding an offering of the
      Company’s securities by introducing the Company to NASD member firms for funding
      and market-making purposes.

    1.2.4 In
      the
      event the Company requests that the Consultant render services to it other
      than
      those specified above in the Article 1.2, the Company and the Consultant shall
      use their best efforts to negotiate and enter into a written supplemental
      agreement setting forth the duties to be performed and the compensation
      therefore. In the absence of such supplemental agreement, Consultant shall
      have
      no additional duties. 

    

    1.3 Term

    The
      initial term of this non-exclusive Agreement shall be twelve months; however,
      it
      shall be automatically renewed for twelve months unless either Party gives
      to
      the other, within 15 days prior to the end of the term then in effect, written
      notice of intention not to renew. Written notice may contain requested
      modifications to this Agreement, the written and signed acceptance of which
      by
      the notified Party shall result in an amendment and extension of this Agreement
      without requirement for further action. 

    

    

    ARTICLE
      TWO

    CONSULTANT’S
      COMPENSATION

    

    2.1 Compensation

    The
      Consultant’s compensation shall be earned at the time this Agreement is signed
      and Consultant takes on the Company as a client, thereby foregoing other
      significant gainful opportunities. As compensation for the specific services
      of
      Consultant as set forth in Article 1.2 above, the Company shall transfer to
      the
      Consultant at the time this Agreement is signed:

    

    -
      400,000
      (FOUR Hundred Thousand) shares of the Company’s common stock (the “Shares”). The
      Shares shall carry full piggyback registration rights for any registration
      statements the Company may file under Section 5 of the Securities Act of 1933,
      as amended, other than Form S-8, subject to reasonable adjustments made by
      the
      underwriter for those registration statements.

    

    2.1.2 The
      Company shall reimburse Consultant for all pre-approved verifiable out-of-pocket
      expenses of Consultant incurred by it in the course of performing services
      for
      the Company under this Agreement. Consultant shall obtain pre-approval from
      the
      Company and shall submit receipts to the Company. Company shall make
      reimbursement within 10 days of submission of receipts by
      Consultant.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

    

    ARTICLE
      THREE

    REPRESENTATIONS
      AND WARRANTIES

    

    3.1 The
      Company hereby represents, warrants and covenants that it will disclose to
      the
      Consultant without the need for Consultant to make any request all material
      information relating to the Company’s present and future operations and
      financial condition and that all such information shall be true, and shall
      not
      omit any information necessary, in light of the information provided, to render
      such information not misleading.

    

    3.2 The
      Parties acknowledge that the shares of common stock issued to Consultant as
      payment for its services pursuant to this Agreement may be shares of ay
      successor entity pursuant to a reorganization or merger between the Company
      and
      any other entity.

    

    

    ARTICLE
      FOUR

    MISCELLANEOUS

    

    4.1 Capacity

    The
      Company designates and empowers the Consultant to act as its representative
      for
      the purposes of performing the Consultant’s duties specified in the above
      sections.

    

    4.2 Notices

    All
      notices, demands or other written communications hereunder shall be in writing,
      and unless otherwise provided, shall be deemed to have been duly given on the
      first business day after sending by Federal Express or other comparable
      overnight carrier at senders expense, addressed as follows, with copies to
      such
      other addresses or to such other persons as any Party shall designate to the
      others for such purposes in the manner herein above set forth:

    

    TO
      CONSULTANT:  FIRST
      ALLIANCE GROUP, INC.

    9150
      SW
      21 Drive

    Stuart,
      Florida 34997

    

    TO
      THE
      COMPANY: INFORMATION
      SYSTEMS ASSOCIATES, INC.

    2120
      SW
      Danforth Circle

    Palm
      City, Florida 34990

    

    4.3 Amendment

    No
      modification, waiver, amendment, discharge or change of this Agreement shall
      be
      valid unless the same is in writing and signed by the Parties.

    

    4.4 Entire
      Agreement/Merger

    This
      instrument, together with the instruments referred to herein, contains all
      of
      the understandings and agreements of the Parties with respect to the subject
      matter discussed herein. All prior agreements whether written or oral are merged
      herein and shall be of no force or effect.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    

    4.5 Survival

    The
      several representations, warranties and covenants of the Parties contained
      herein shall survive the execution hereof and shall be effective regardless
      of
      any investigation that may have been made or may be made by or on behalf of
      any
      Party.

    

    4.6 Severability

    If
      any
      provision or any portion of any provision of this Agreement, other than a
      conditions precedent, if any, or the application of such provision or any
      portion thereof to any person or circumstance shall be held invalid or
      unenforceable, the remaining portions of such provision and the remaining
      provisions of this Agreement or the application of such provision or portion
      of
      such provision as is held invalid and unenforceable to persons or circumstances
      other than those to which it is held invalid or unenforceable, shall not be
      affected thereby.

    

    4.7 Governing
      Law and Venues

    This
      Agreement shall be construed in accordance with the laws of the State of
      California without regard to any provisions relating to conflicts of law, and
      any proceeding arising between the Parties in any matter pertaining or related
      to this Agreement shall, to the extent permitted by law, be held in Palm
      Springs, California.

    

    4.8 Litigation/Attorneys
      Fees

    In
      any
      action between the Parties to enforce any of the terms of this Agreement or
      any
      other matter arising from this Agreement, the prevailing Party shall be entitled
      to recover its costs and expenses, including reasonable attorneys’ fees up to
      and including all negotiations,, trials and appeals, whether or not litigation
      is initiated.

    

    4.9 Benefit
      of Agreement

    The
      terms
      and provisions of this Agreement shall be binding upon and inure to the benefit
      of the Parties, jointly and severally, their successors, assigns, personal
      representatives, estate, heirs and legatees.

    

    4.10 Captions

    The
      captions in this Agreement are for convenience and reference only and in no
      way
      define, describe, extend or limit the scope of this Agreement or the intent
      of
      any provisions hereof.

     

    4.11 Number
      and Gender

    All
      pronouns and variations thereof shall be deemed to refer to the masculine,
      feminine, neuter, singular or plural, as the identity of the Party or Parties,
      or their personal representatives, successors and assigns may
      require.

    

    4.12 Further
      Assurances

    The
      Parties hereby agree to act, execute, acknowledge and deliver or cause to be
      done, executed, acknowledged or delivered and to perform all such acts and
      deliver all such deeds, assignments, transfers, conveyances, power of attorney,
      assurances, stock certificates and other documents, as may, from time to time,
      be required herein to effect the intent and purpose of this
      Agreement.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    

    4.13 Construction

    The
      language in this Agreement is a product of negotiations and shall be construed
      as a whole according to its fair meaning, without implying a presumption that
      its terms shall be more strictly construed against either party as drafter
      of
      the document. 

    

    4.14 Status

    Nothing
      in this Agreement shall be construed or shall constitute a partnership, joint
      venture, employer-employee relationship or lessor-lessee relationship but,
      rather, the relationship established pursuant hereto is that of principal and
      independent contractor-agent.

    

    4.15 Counterparts

    This
      Agreement may be executed in any number of counterparts. All executed
      counterparts shall constitute one Agreement notwithstanding that all signatories
      are not signatories to the original or the same counterpart.

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

    

    IN
      WITNESS WHEREOF, the Parties have executed this Agreement, effective as of
      the
      date first set forth above.

    

    

    Signed,
      Sealed and Delivered in Our Presence

    

    

    FIRST
      ALLIANCE GROUP, INC.

    

    

    By:
      /s/
      Patrick Doughty

         
Patrick
      Douhgty, Director

    

    

    

    INFORMATION
      SYSTEMS ASSOCIATES, INC.

    

    

    By:
      /s/
      Joseph Coschera

          Joseph
      Coschera, President

     

     

    
      
         

      

      
        6

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